SEC 13F Intelligence

Managers / Q3 2025 · view latest →

RPO LLC

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

Reported Value
$959M
Q3 2025
Positions
44
Filings on Record
18
2019–present window
Filed
Nov 12, 2025
original filing

Summary

Rpo LLC reported $959M in U.S.-listed holdings across 44 positions for Q3 2025.

Its largest position, Seagate Hdd Cayman, represents 1.5% of the portfolio.

Compared with Q2 2025, the fund opened 13 new positions and exited 0.

Portfolio Metrics

Turnover
+0.4%
vs prior filed quarter
Top-10 Concentration
+6.3%
share of reported value
Largest Position
+1.5%
Seagate Hdd Cayman

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: 70.8%Common Stock: 26.1%US DOMESTIC: 2.5%Closed-End Fund: 0.6%Other: 0.0%Equity WRT: 0.0%
  • ETP · 70.8% · $679M
  • Common Stock · 26.1% · $250M
  • US DOMESTIC · 2.5% · $24M
  • Closed-End Fund · 0.6% · $6M
  • Other · 0.0% · $127,680
  • Equity WRT · 0.0% · $30,917

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPYSPDR S&P 500 ETF TRNEW+920.4K920.4K+$613M$613M
NVDANVIDIA CORPORATIONNEW+351.0K351.0K+$65M$65M
BACBANK AMERICA CORPNEW+1.01M1.01M+$52M$52M
COPCONOCOPHILLIPSNEW+481.0K481.0K+$45M$45M
MSFTMICROSOFT CORPNEW+86.0K86.0K+$45M$45M
XMESPDR SERIES TRUSTNEW+306.0K306.0K+$29M$29M
MSMORGAN STANLEYNEW+123.0K123.0K+$20M$20M
QCOMQUALCOMM INCNEW+116.0K116.0K+$19M$19M

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

Holdings — Q3 2025

26 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SEAGATE HDD CAYMANNOTE 3.500% 6/01.49%$14M5.00M
2SPYSPDR S&P 500 ETF TRhistory →TR UNIT1.35%$13M19.4K
3STRATEGY INCNOTE 0.625% 9/10.99%$9M5.00M
4FBTCFIDELITY WISE ORIGIN BITCOINSHS0.52%$5M49.8K
5BITBBITWISE BITCOIN ETF TRSHS BEN INT0.40%$4M61.5K
6IBITISHARES BITCOIN TRUST ETFSHS BEN INT0.39%$4M57.2K
7CARNIVAL PLCADS0.34%$3M122.4K
8STEWSRH TOTAL RETURN FUND INCCOM0.32%$3M169.0K
9ARKBARK 21SHARES BITCOIN ETFSHS BEN INT0.31%$3M77.6K
10EZBCFRANKLIN TEMPLETON DIGITAL HBITCOIN ETF SHS0.24%$2M35.4K
11BTCGRAYSCALE BITCOIN MINI TR ETSHS NEW0.24%$2M45.9K
12BTCOINVESCO GALAXY BITCOIN ETFCOM SHS BEN INT0.24%$2M20.3K
13HODLVANECK BITCOIN ETFSH BEN INT0.24%$2M69.6K
14FETHFIDELITY ETHEREUM FDSHS0.22%$2M51.8K
15TETH21SHARES ETHEREUM ETFSHS0.22%$2M100.4K
16BRRRCOINSHARES BITCOIN ETFCOM0.18%$2M54.2K
17ETHAISHARES ETHEREUM TRSHS0.16%$2M49.5K
18ETHWBITWISE ETHEREUM ETFSHS0.13%$1M42.6K
19XGLQXCLOUGH GLOBAL EQUITY FDCOM0.07%$702,60992.3K
20GLOCLOUGH GLOBAL OPPORTUNITIESSH BEN INT0.07%$635,430111.5K
21XDIAXNUVEEN DOW 30 DYNMC OVERWRTSHS0.06%$584,73039.3K
22CHWCALAMOS GBL DYN INCOME FUNDCOM0.05%$465,96561.8K
23GLVCLOUGH GLOBAL DIVID & INCOMECOM0.04%$420,98070.8K
24WEBULL CORP*W EXP 04/10/2030.01%$127,68021.0K
25BLAIZE HLDGS INC*W EXP 01/13/2030.00%$28,27745.5K
26ANNAWALEANNA INC*W EXP 12/13/2020.00%$2,64013.9K

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 ↗.