Managers / Q1 2025 · view latest →
RPO LLC
CIK 0001885066 · 6 LANDMARK SQUARE, 4TH FLOOR, STAMFORD, CT, 06901 · (203) 485-8813
Summary
Rpo LLC reported $157M in U.S.-listed holdings across 39 positions for Q1 2025.
Its largest position, BAC, represents 5.5% of the portfolio.
Compared with Q4 2024, the fund opened 5 new positions and exited 50.
Portfolio Metrics
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 70.9% · $111M
- ETP · 20.4% · $32M
- Closed-End Fund · 4.8% · $8M
- US DOMESTIC · 3.8% · $6M
- Equity WRT · 0.0% · $66,730
- Other · 0.0% · $2,389
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| BACBANK AMERICA CORP | NEW | +691.3K | 691.3K | +$29M | $29M |
| XMESPDR SER TR | NEW | +375.8K | 375.8K | +$21M | $21M |
| ISRGINTUITIVE SURGICAL INC | NEW | +35.1K | 35.1K | +$17M | $17M |
| CSCOCISCO SYS INC | NEW | +223.9K | 223.9K | +$14M | $14M |
| BLAIZE HLDGS INC | NEW | +45.5K | 45.5K | +$8,649 | $8,649 |
| AAPLAPPLE INC | ADDED | +81.1K | 101.1K | +$17M | $22M |
| HODLVANECK BITCOIN ETF | ADDED | +38.6K | 51.4K | −$160,376 | $1M |
| SPYSPDR S&P 500 ETF TR | SOLD OUT | −22.7K | 0 | −$13M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BACBANK AMERICA CORPhistory → | COM | 5.50% | $9M | 207.3K |
| 2 | SEAGATE HDD CAYMAN | NOTE 3.500% 6/0 | 3.83% | $6M | 5.00M |
| 3 | ISRGINTUITIVE SURGICAL INChistory → | COM NEW | 3.19% | $5M | 10.1K |
| 4 | XMESPDR SER TRhistory → | S&P METALS MNG | 3.02% | $5M | 84.7K |
| 5 | CSCOCISCO SYS INChistory → | COM | 2.37% | $4M | 60.4K |
| 6 | AAPLAPPLE INChistory → | COM | 1.99% | $3M | 14.1K |
| 7 | STEWSRH TOTAL RETURN FUND INChistory → | COM | 1.86% | $3M | 169.3K |
| 8 | FBTCFIDELITY WISE ORIGIN BITCOINhistory → | SHS | 1.49% | $2M | 32.6K |
| 9 | MXFMEXICO FD INChistory → | COM | 1.36% | $2M | 150.5K |
| 10 | BITBBITWISE BITCOIN ETF TRhistory → | SHS BEN INT | 1.34% | $2M | 46.8K |
| 11 | ARKBARK 21SHARES BITCOIN ETF | SHS BEN INT | 0.97% | $2M | 18.5K |
| 12 | IBITISHARES BITCOIN TRUST ETF | SHS BEN INT | 0.89% | $1M | 29.9K |
| 13 | EZBCFRANKLIN TEMPLETON DIGITAL H | BITCOIN ETF SHS | 0.81% | $1M | 26.7K |
| 14 | BRRRCOINSHARES VALKYRIE BITCOIN | COM | 0.80% | $1M | 54.2K |
| 15 | HODLVANECK BITCOIN ETF | SH BEN INT | 0.76% | $1M | 51.4K |
| 16 | XGLQXCLOUGH GLOBAL EQUITY FD | COM | 0.37% | $580,737 | 92.3K |
| 17 | XDIAXNUVEEN DOW 30 DYNMC OVERWRT | SHS | 0.36% | $569,022 | 39.3K |
| 18 | GLOCLOUGH GLOBAL OPPORTUNITIES | SH BEN INT | 0.35% | $545,132 | 111.5K |
| 19 | CHWCALAMOS GBL DYN INCOME FUND | COM | 0.25% | $394,896 | 61.8K |
| 20 | GLVCLOUGH GLOBAL DIVID & INCOME | COM | 0.25% | $386,665 | 70.8K |
| 21 | EVEX/WSEVE HLDG INC | *W EXP 05/09/202 | 0.01% | $19,635 | 76.3K |
| 22 | SBC MED GROUP HLDGS INC | *W EXP 09/17/202 | 0.01% | $18,583 | 99.9K |
| 23 | LVWR/WSLIVEWIRE GROUP INC | *W EXP 09/26/202 | 0.01% | $9,812 | 462.8K |
| 24 | BLAIZE HLDGS INC | *W EXP 01/13/203 | 0.01% | $8,649 | 45.5K |
| 25 | DIH HLDG US INC | *W EXP 04/20/202 | 0.00% | $6,578 | 513.9K |
| 26 | ANNAWALEANNA INC | *W EXP 12/13/202 | 0.00% | $3,473 | 13.9K |
| 27 | NWTN INC | *W EXP 12/31/202 | 0.00% | $2,389 | 95.6K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $32M | 24 | May 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $956M | 70 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $959M | 44 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $48M | 22 | Aug 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $157M | 39 | May 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $108M | 78 | Feb 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $125M | 40 | Nov 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $123M | 48 | Aug 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $70M | 45 | May 10, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $68M | 99 | Feb 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $89M | 51 | Nov 6, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $100M | 83 | Aug 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $328M | 144 | May 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $292M | 155 | Feb 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $413M | 203 | Nov 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $399M | 162 | Aug 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $308M | 153 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $324M | 147 | Feb 8, 2022 | 13F-HR | changes · 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 ↗.