SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Granger Management LLC

CIK 0001842881 · 510 MADISON AVENUE, SUITE 2700, NEW YORK, NY, 10022 · 9144716204

Reported Value
$380M
Q1 2022
Positions
30
Filings on Record
23
2019–present window
Filed
Apr 28, 2022
original filing

Summary

Granger Management LLC reported $380M in U.S.-listed holdings across 30 positions for Q1 2022.

The portfolio is heavily concentrated: Spdr S P 500 Etf Tr alone accounts for 35.8% of reported value.

Compared with Q4 2021, the fund opened 3 new positions and exited 4.

Portfolio Metrics

Turnover
+1.1%
vs prior filed quarter
Top-10 Concentration
+93.8%
share of reported value
Largest Position
+35.8%
Spdr S P 500 Etf Tr
New / Exited
3 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $794MQ4 ’20Q1 ’21: $648MQ2 ’21: $494MQ3 ’21: $575MQ3 ’21Q4 ’21: $609MQ1 ’22: $380MQ2 ’22: $296MQ2 ’22Q3 ’22: $324MQ4 ’22: $229MQ1 ’23: $227MQ1 ’23Q2 ’23: $243MQ3 ’23: $237MQ4 ’23: $274MQ4 ’23Q1 ’24: $501MQ2 ’24: $600MQ3 ’24: $508MQ3 ’24Q4 ’24: $440MQ1 ’25: $277MQ2 ’25: $268MQ2 ’25Q3 ’25: $343MQ4 ’25: $378MQ1 ’26: $358MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 81.2%Common Stock: 17.5%REIT: 1.3%
  • ETP · 81.2% · $309M
  • Common Stock · 17.5% · $66M
  • REIT · 1.3% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BXBLACKSTONE INCNEW+9.7K9.7K+$1M$1M
DWDMORGAN STANLEYNEW+13.9K13.9K+$1M$1M
BACBK OF AMERICA CORPNEW+29.2K29.2K+$1M$1M
GSGOLDMAN SACHS GROUP INCADDED+3.2K4.7K+$960,000$2M
SPDR SER TRSOLD OUT−37.7K0−$3M$0
NFLXNETFLIX INCSOLD OUT−1.2K0−$695,000$0
OPLNKAR AUCTION SVCS INCSOLD OUT−35.9K0−$561,000$0
ISHARES TRSOLD OUT−2.5K0−$210,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ACWIISHARES TRMSCI ACWI ETF · RUS 1000 VAL ETF · S&P 500 VAL ETF · RUSSELL 2000 ETF38.70%$147M1.30M
2SPDR S&P 500 ETF TRTR UNIT35.76%$136M299.8K
3AMZNAMAZON COM INChistory →COM5.63%$21M6.6K
4DKNG1USDDRAFTKINGS INChistory →COM CL A4.44%$17M866.0K
5FIRST TR EXCHANGE TRADED FDWTR ETF3.59%$14M161.9K
6PINSPINTEREST INChistory →CL A1.85%$7M285.8K
7AAPLAPPLE INChistory →COM1.59%$6M34.5K
8SPGSIMON PPTY GROUP INC NEWhistory →COM1.30%$5M37.5K
9XLESELECT SECTOR SPDR TRENERGY · FINANCIAL · TECHNOLOGY1.23%$5M83.1K
10NDQINVESCO QQQ TRhistory →UNIT SER 11.15%$4M12.0K
11MSFTMICROSOFT CORPCOM0.87%$3M10.8K
12GOOGALPHABET INCCAP STK CL C · CAP STK CL A0.57%$2M776
13INVESCO EXCH TRADED FD TR IIKBW BK ETF0.46%$2M27.5K
14GSGOLDMAN SACHS GROUP INCCOM0.41%$2M4.7K
15BXBLACKSTONE INCCOM0.33%$1M9.7K
16DWDMORGAN STANLEYCOM NEW0.32%$1M13.9K
17BACBK OF AMERICA CORPCOM0.32%$1M29.2K
18DISDISNEY WALT COCOM0.20%$769,0005.6K
19DYHTARGET CORPCOM0.17%$642,0003.0K
20SPDR SER TRS&P BK ETF0.17%$640,00012.2K
21TSLATESLA INCCOM0.16%$625,000580
22VUGVANGUARD INDEX FDSGROWTH ETF0.16%$606,0002.1K
23SNOWSNOWFLAKE INCCL A0.14%$525,0002.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$358M6May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$378M6Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$343M6Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$268M6Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$277M5May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$440M7Jan 17, 202513F-HRchanges · EDGAR ↗
Q3 2024$508M22Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$600M23Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$501M21May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$274M27Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$237M22Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$243M23Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$227M24May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$229M23Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$324M27Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$296M29Aug 1, 202213F-HRchanges · EDGAR ↗
Q1 2022$380M30Apr 28, 202213F-HRchanges · EDGAR ↗
Q4 2021$609M31Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$575M32Nov 5, 202113F-HRchanges · EDGAR ↗
Q2 2021$494M33Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$648M33Apr 30, 202113F-HRchanges · EDGAR ↗
Q4 2020$794M39Feb 8, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.