SEC 13F Intelligence

Managers / Q1 2026

RPO LLC

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

Reported Value
$32M
Q1 2026
Positions
24
Filings on Record
18
2019–present window
Filed
May 12, 2026
original filing

Summary

Rpo LLC reported $32M in U.S.-listed holdings across 24 positions for Q1 2026.

Its largest position, Strategy, represents 17.0% of the portfolio.

Compared with Q4 2025, the fund opened 9 new positions and exited 43.

Portfolio Metrics

Turnover
+3.0%
vs prior filed quarter
Top-10 Concentration
+62.8%
share of reported value
Largest Position
+17.0%
Strategy
New / Exited
9 / 43
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
Closed-End Fund: 41.0%ETP: 40.9%US DOMESTIC: 17.0%Common Stock: 0.9%Other: 0.1%Equity WRT: 0.1%
  • Closed-End Fund · 41.0% · $13M
  • ETP · 40.9% · $13M
  • US DOMESTIC · 17.0% · $6M
  • Common Stock · 0.9% · $286,305
  • Other · 0.1% · $28,771
  • Equity WRT · 0.1% · $28,554

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
USOUNITED STS OIL FD LPNEW+53.5K53.5K+$7M$7M
XFLTXAI OCTAGN FLT RAT & ALT INMNEW+89.9K89.9K+$2M$2M
SABASABA CAPITAL INCOME & OPPORTNEW+123.1K123.1K+$1M$1M
ETHBISHARES STAKED ETHEREUM TR ENEW+31.2K31.2K+$841,464$841,464
SOEZFRANKLIN SOLANA TRNEW+57.4K57.4K+$817,376$817,376
UVXYPROSHARES TR IINEW+14.3K14.3K+$747,890$747,890
FETHFIDELITY ETHEREUM FDNEW+35.7K35.7K+$745,416$745,416
VSOLVANECK SOLANA TRNEW+65.4K65.4K+$713,270$713,270

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

Holdings — Q1 2026

22 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1STRATEGY INCNOTE 0.625% 9/117.02%$6M5.00M
2USALIBERTY ALL STAR EQUITY FDhistory →SH BEN INT9.84%$3M573.7K
3STEWSRH TOTAL RETURN FUND INChistory →COM9.46%$3M179.0K
4ASGLIBERTY ALL-STAR GROWTH FD Ihistory →COM5.46%$2M371.7K
5ETHGRAYSCALE ETHEREUM STAKINGhistory →SHS NEW4.96%$2M80.8K
6XFLTXAI OCTAGN FLT RAT & ALT INMhistory →COM SHS BENF INT4.77%$2M89.9K
7SABASABA CAPITAL INCOME & OPPORThistory →COM NEW3.17%$1M123.1K
8BSOLBITWISE SOLANA STAKING ETFhistory →COM SHS OF BENEF2.96%$958,03586.7K
9ETHBISHARES STAKED ETHEREUM TR Ehistory →SHARES OF FRACTI2.60%$841,46431.2K
10SOEZFRANKLIN SOLANA TRhistory →EXCHANGE TRD FD2.53%$817,37657.4K
11FETHFIDELITY ETHEREUM FDhistory →SHS2.30%$745,41635.7K
12VSOLVANECK SOLANA TRhistory →COM SHS BEN INT2.20%$713,27065.4K
13BRWSABA CAPITAL INCOME & OPRNThistory →SHS NEW1.97%$637,38294.6K
14XGLQXCLOUGH GLOBAL EQUITY FDhistory →COM1.90%$616,12781.8K
15GLOCLOUGH GLOBAL OPPORTUNITIEShistory →SH BEN INT1.58%$509,53891.5K
16GLVCLOUGH GLOBAL DIVID & INCOMEhistory →COM1.29%$418,85870.8K
17CHWCALAMOS GBL DYN INCOME FUNDhistory →COM1.07%$345,35847.6K
18CARNIVAL PLCADS0.89%$286,30511.1K
19ETJEATON VANCE RISK-MANAGED DIVCOM0.49%$158,84219.4K
20WEBULL CORP*W EXP 04/10/2030.09%$28,77121.0K
21BLAIZE HLDGS INC*W EXP 01/13/2030.05%$17,29845.5K
22ANNAWALEANNA INC*W EXP 12/13/2020.03%$11,25613.9K

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 ↗.