SEC 13F Intelligence

Managers / Q4 2025 · view latest →

RPO LLC

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

Reported Value
$956M
Q4 2025
Positions
70
Filings on Record
18
2019–present window
Filed
Feb 17, 2026
original filing

Summary

Rpo LLC reported $956M in U.S.-listed holdings across 70 positions for Q4 2025.

Its largest position, SPY, represents 4.0% of the portfolio.

Compared with Q3 2025, the fund opened 36 new positions and exited 12.

Portfolio Metrics

Turnover
+5.8%
vs prior filed quarter
Top-10 Concentration
+8.0%
share of reported value
Largest Position
+4.0%
Spdr S P 500 Etf Tr
New / Exited
36 / 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%Common Stock: 28.3%Closed-End Fund: 1.1%US DOMESTIC: 0.6%GLOBAL: 0.4%Other: 0.0%
  • ETP · 69.5% · $664M
  • Common Stock · 28.3% · $271M
  • Closed-End Fund · 1.1% · $11M
  • US DOMESTIC · 0.6% · $6M
  • GLOBAL · 0.4% · $4M
  • Other · 0.0% · $459,774

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AAPLAPPLE INCNEW+74.3K74.3K+$20M$20M
STRATEGY INCNEW+5.00M5.00M+$4M$4M
USALIBERTY ALL STAR EQUITY FDNEW+573.7K573.7K+$4M$4M
BSOLBITWISE SOLANA STAKING ETFNEW+201.1K201.1K+$3M$3M
ETHGRAYSCALE ETHEREUM MINI TR ENEW+59.4K59.4K+$2M$2M
ETJEATON VANCE RISK-MANAGED DIVNEW+136.9K136.9K+$1M$1M
ASGLIBERTY ALL-STAR GROWTH FD INEW+128.6K128.6K+$681,628$681,628
FSOLFIDELITY SOLANA FDNEW+16.4K16.4K+$239,276$239,276

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

Holdings — Q4 2025

52 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPYSPDR S&P 500 ETF TRhistory →TR UNIT3.98%$38M55.8K
2STRATEGY INCNOTE 0.625% 9/1 · NOTE 12/01.05%$10M10.00M
3MSFTMICROSOFT CORPCOM0.78%$7M15.5K
4AAPLAPPLE INCCOM0.41%$4M14.3K
5USALIBERTY ALL STAR EQUITY FDSH BEN INT0.38%$4M573.7K
6BSOLBITWISE SOLANA STAKING ETFCOM SHS OF BENEF0.35%$3M201.1K
7STEWSRH TOTAL RETURN FUND INCCOM0.33%$3M169.0K
8ARKBARK 21SHARES BITCOIN ETFSHS BEN INT0.28%$3M92.6K
9FBTCFIDELITY WISE ORIGIN BITCOINSHS0.25%$2M31.0K
10BTCOINVESCO GALAXY BITCOIN ETFCOM SHS BEN INT0.19%$2M20.3K
11ETHGRAYSCALE ETHEREUM MINI TR ESHS NEW0.17%$2M59.4K
12BITBBITWISE BITCOIN ETF TRSHS BEN INT0.16%$2M31.9K
13ETJEATON VANCE RISK-MANAGED DIVCOM0.13%$1M136.9K
14COPCONOCOPHILLIPSCOM0.12%$1M11.8K
15XGLQXCLOUGH GLOBAL EQUITY FDCOM0.07%$707,22592.3K
16ASGLIBERTY ALL-STAR GROWTH FD ICOM0.07%$681,628128.6K
17GLOCLOUGH GLOBAL OPPORTUNITIESSH BEN INT0.07%$630,971111.5K
18CHWCALAMOS GBL DYN INCOME FUNDCOM0.05%$457,93161.8K
19GLVCLOUGH GLOBAL DIVID & INCOMECOM0.04%$422,39670.8K
20CARNIVAL PLCADS0.04%$336,96611.1K
21FSOLFIDELITY SOLANA FDBENEFICIAL INT0.03%$239,27616.4K
22SOCSABLE OFFSHORE CORPCOM SHS0.01%$126,44214.0K
23WEAVWEAVE COMMUNICATIONS INCCOM0.01%$80,54610.6K
24UDEMY INCCOM0.01%$77,13813.2K
25UAAUNDER ARMOUR INCCL A0.01%$75,90215.3K
26SXCSUNCOKE ENERGY INCCOM0.01%$73,45410.2K
27TROXTRONOX HOLDINGS PLCSHS0.01%$73,13417.5K
28EVHEVOLENT HEALTH INCCL A0.01%$70,69217.7K
29AHRTARMADA HOFFLER PPTYS INCCOM0.01%$67,85610.3K
30JBLUJETBLUE AWYS CORPCOM0.01%$66,49414.6K
31PSECPROSPECT CAP CORPCOM0.01%$66,22225.6K
32BLNDBLEND LABS INCCL A0.01%$66,17421.8K
33PAYOPAYONEER GLOBAL INCCOM0.01%$66,08011.8K
34BMBLBUMBLE INCCOM CL A0.01%$65,86018.4K
35BDNBRANDYWINE RLTY TRSH BEN INT NEW0.01%$65,47822.4K
36VTEXSHS CL A0.01%$65,39417.4K
37GDRXGOODRX HLDGS INCCOM CL A0.01%$65,23624.1K
38WESTWESTROCK COFFEE COCOM0.01%$65,12016.0K
39NWLNEWELL BRANDS INCCOM0.01%$64,88417.4K
40RBBNRIBBON COMMUNICATIONS INCCOM0.01%$63,96022.2K
41CLVTCLARIVATE PLCORD SHS0.01%$63,80819.1K
42AURAURORA INNOVATION INCCLASS A COM0.01%$62,87216.4K
43RXRXRECURSION PHARMACEUTICALS INCL A0.01%$61,84015.1K
44BITFUFU INCCL A ORD SHS0.01%$61,02023.1K
45CI&T INCCOM CL A0.01%$60,49614.9K
46WEBULL CORP*W EXP 04/10/2030.01%$60,16521.0K
47CODICOMPASS DIVERSIFIEDSH BEN INT0.01%$59,84612.5K
48RCREADY CAPITAL CORPCOM0.01%$59,19627.2K
49AMC ENTMT HLDGS INCCL A NEW0.01%$48,62831.2K
50BTBTBIT DIGITAL INCSHS0.00%$23,36212.4K
51BLAIZE HLDGS INC*W EXP 01/13/2030.00%$18,20345.5K
52ANNAWALEANNA INC*W EXP 12/13/2020.00%$1,96613.9K

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 ↗.