SEC 13F Intelligence

Managers / Q2 2025 · view latest →

RPO LLC

CIK 0001885066 · 6 LANDMARK SQUARE, 4TH FLOOR, STAMFORD, CT, 06901 · (203) 485-8813

Reported Value
$48M
Q2 2025
Positions
22
Filings on Record
18
2019–present window
Filed
Aug 11, 2025
original filing

Summary

Rpo LLC reported $48M in U.S.-listed holdings across 22 positions for Q2 2025.

Its largest position, Seagate Hdd Cayman, represents 18.6% of the portfolio.

Compared with Q1 2025, the fund opened 5 new positions and exited 12.

Portfolio Metrics

Turnover
+25.2%
vs prior filed quarter
Top-10 Concentration
+74.2%
share of reported value
Largest Position
+18.6%
Seagate Hdd Cayman
New / Exited
5 / 12
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, 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

13F Reported Value
Q4 ’21: $324MQ4 ’21Q1 ’22: $308MQ2 ’22: $399MQ3 ’22: $413MQ3 ’22Q4 ’22: $292MQ1 ’23: $328MQ2 ’23: $100MQ2 ’23Q3 ’23: $89MQ4 ’23: $68MQ1 ’24: $70MQ1 ’24Q2 ’24: $123MQ3 ’24: $125MQ4 ’24: $108MQ4 ’24Q1 ’25: $157MQ2 ’25: $48MQ3 ’25: $959MQ3 ’25Q4 ’25: $956MQ1 ’26: $32Mfilingsflow.com

Portfolio Composition

By security type
ETP: 69.5%US DOMESTIC: 18.6%Closed-End Fund: 11.7%Other: 0.2%Equity WRT: 0.0%
  • ETP · 69.5% · $34M
  • US DOMESTIC · 18.6% · $9M
  • Closed-End Fund · 11.7% · $6M
  • Other · 0.2% · $84,840
  • Equity WRT · 0.0% · $20,755

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BTCGRAYSCALE BITCOIN MINI TR ETNEW+45.9K45.9K+$2M$2M
BTCOINVESCO GALAXY BITCOIN ETFNEW+20.3K20.3K+$2M$2M
FETHFIDELITY ETHEREUM FDNEW+51.8K51.8K+$1M$1M
TETH21SHARES CORE ETHEREUM ETFNEW+100.4K100.4K+$1M$1M
WEBULL CORPNEW+21.0K21.0K+$84,840$84,840
IBITISHARES BITCOIN TRUST ETFADDED+129.4K159.3K+$8M$10M
ARKBARK 21SHARES BITCOIN ETFADDED+58.5K77.1K+$1M$3M
COPCONOCOPHILLIPSSOLD OUT−275.4K0−$29M$0

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

Holdings — Q2 2025

21 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SEAGATE HDD CAYMANNOTE 3.500% 6/018.61%$9M5.00M
2FBTCFIDELITY WISE ORIGIN BITCOINhistory →SHS9.66%$5M49.8K
3IBITISHARES BITCOIN TRUST ETFhistory →SHS BEN INT8.76%$4M69.3K
4BITBBITWISE BITCOIN ETF TRhistory →SHS BEN INT7.30%$4M60.3K
5STEWSRH TOTAL RETURN FUND INChistory →COM6.17%$3M169.0K
6ARKBARK 21SHARES BITCOIN ETFhistory →SHS BEN INT5.70%$3M77.1K
7EZBCFRANKLIN TEMPLETON DIGITAL Hhistory →BITCOIN ETF SHS4.56%$2M35.4K
8BTCGRAYSCALE BITCOIN MINI TR EThistory →SHS NEW4.53%$2M45.9K
9BTCOINVESCO GALAXY BITCOIN ETFhistory →COM SHS BEN INT4.51%$2M20.3K
10HODLVANECK BITCOIN ETFhistory →SH BEN INT4.38%$2M69.6K
11BRRRCOINSHARES VALKYRIE BITCOINhistory →COM3.41%$2M54.2K
12FETHFIDELITY ETHEREUM FDhistory →SHS2.69%$1M51.8K
13TETH21SHARES CORE ETHEREUM ETFhistory →SHS2.61%$1M100.4K
14XGLQXCLOUGH GLOBAL EQUITY FDhistory →COM1.36%$657,73892.3K
15GLOCLOUGH GLOBAL OPPORTUNITIEShistory →SH BEN INT1.25%$605,331111.5K
16XDIAXNUVEEN DOW 30 DYNMC OVERWRThistory →SHS1.16%$563,13239.3K
17CHWCALAMOS GBL DYN INCOME FUNDCOM0.91%$440,62761.8K
18GLVCLOUGH GLOBAL DIVID & INCOMECOM0.83%$401,52370.8K
19WEBULL CORP*W EXP 04/10/2030.18%$84,84021.0K
20BLAIZE HLDGS INC*W EXP 01/13/2030.04%$17,48945.5K
21ANNAWALEANNA INC*W EXP 12/13/2020.01%$3,26613.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$32M24May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$956M70Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$959M44Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$48M22Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$157M39May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$108M78Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$125M40Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$123M48Aug 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$70M45May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$68M99Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$89M51Nov 6, 202313F-HRchanges · EDGAR ↗
Q2 2023$100M83Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023$328M144May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$292M155Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$413M203Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$399M162Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$308M153May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$324M147Feb 8, 202213F-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 ↗.