SEC 13F Intelligence

Managers / Q1 2026

DBA TRADING, LLC

CIK 0002067608 · 215 SE 8TH AVENUE, APT 2600, FORT LAUDERDALE, FL, 33301 · 3126925081

Reported Value
$201M
Q1 2026
Positions
39
Filings on Record
2
2019–present window
Filed
May 8, 2026
original filing

Summary

Dba Trading, LLC reported $201M in U.S.-listed holdings across 39 positions for Q1 2026.

The portfolio is heavily concentrated: APLD alone accounts for 65.8% of reported value.

Compared with Q4 2025, the fund opened 11 new positions and exited 10.

Portfolio Metrics

Turnover
+71.1%
vs prior filed quarter
Top-10 Concentration
+89.3%
share of reported value
Largest Position
+65.8%
Applied Digital
New / Exited
11 / 10
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. 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 ’25: $155MQ4 ’25Q1 ’26: $201MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 93.5%Other: 3.4%ADR: 1.8%ETP: 0.6%MLP: 0.6%
  • Common Stock · 93.5% · $188M
  • Other · 3.4% · $7M
  • ADR · 1.8% · $4M
  • ETP · 0.6% · $1M
  • MLP · 0.6% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GOOGALPHABET INCNEW+19.6K19.6K+$6M$6M
GOOGLALPHABET INCNEW+10.2K10.2K+$3M$3M
KBDCKAYNE ANDERSON BDC INCNEW+122.0K122.0K+$2M$2M
SMCISUPER MICRO COMPUTER INCNEW+58.0K58.0K+$1M$1M
IREN LIMITEDNEW+35.7K35.7K+$1M$1M
REAXTHE REAL BROKERAGE INCNEW+300.0K300.0K+$750,000$750,000
GOLAR LNG LTDNEW+12.0K12.0K+$649,320$649,320
GMEGAMESTOP CORPNEW+28.0K28.0K+$645,120$645,120

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

Holdings — Q1 2026

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1APLDAPPLIED DIGITAL CORPhistory →COM NEW65.75%$132M5.58M
2RILYBRC GROUP HOLDINGS INChistory →COM11.74%$24M3.23M
3GOOGALPHABET INCCAP STK CL C · CAP STK CL A4.25%$9M29.8K
4SEQUANS COMMUNICATIONS S ASPONSORED ADS1.76%$4M1.40M
5MSFTMICROSOFT CORPhistory →COM1.58%$3M8.6K
6EKSO BIONICS HLDGS INCCOM NEW1.43%$3M270.4K
7FERROGLOBE PLCSHS0.94%$2M460.0K
8DRVNDRIVEN BRANDS HLDGS INCCOM0.94%$2M150.0K
9OLNOLIN CORPCOM PAR $10.89%$2M60.0K
10MGNIMAGNITE INCCOM0.89%$2M150.0K
11KBDCKAYNE ANDERSON BDC INCCOM SHS0.83%$2M122.0K
12HCQAMN HEALTHCARE SVCS INCCOM0.79%$2M87.0K
13SMCISUPER MICRO COMPUTER INCCOM NEW0.66%$1M58.0K
14STATE STR SPDR S&P 500 ETF TTR UNIT0.65%$1M2.0K
15GELGENESIS ENERGY L PUNIT LTD PARTN0.64%$1M72.5K
16EEFTEURONET WORLDWIDE INCCOM0.61%$1M18.5K
17IREN LIMITEDORDINARY SHARES0.61%$1M35.7K
18MIGASTRATEGY INCCL A NEW0.57%$1M9.2K
19NVDANVIDIA CORPORATIONCOM0.52%$1M6.0K
20AMTMAMENTUM HOLDINGS INCCOM0.40%$813,59231.2K
21XPOFXPONENTIAL FITNESS INCCOM CL A0.40%$799,920132.9K
22RYZRYERSON HLDG CORPCOM0.39%$786,80035.0K
23REAXTHE REAL BROKERAGE INCCOM NEW0.37%$750,000300.0K
24GOLAR LNG LTDSHS0.32%$649,32012.0K
25GMEGAMESTOP CORPCL A0.32%$645,12028.0K
26EFXENERFLEX LTDCOM0.25%$502,08024.0K
27BYNDBEYOND MEAT INCCOM0.24%$478,070681.4K
28ALABASTERA LABS INCCOM0.19%$372,6403.4K
29ACVAACV AUCTIONS INCCOM CL A0.15%$296,80070.0K
30LDELIFECORE BIOMEDICAL INCCOM0.14%$279,00075.0K
31ORION S.A.COM0.13%$256,75039.5K
32CVNACARVANA COCL A0.12%$251,504800
33CRWVCOREWEAVE INCCOM CL A0.12%$232,4103.0K
34CDZICADIZ INCCOM NEW0.11%$226,05646.0K
35CRCLCIRCLE INTERNET GROUP INCCOM CL A0.10%$209,9022.2K
36JBIJANUS INTERNATIONAL GROUP INCOMMON STOCK0.10%$206,00040.0K
37AMC ENTMT HLDGS INCCL A NEW0.07%$139,160142.0K
38INTCINTEL CORPCOM0.04%$79,4341.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$201M39May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$155M39Feb 17, 202613F-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 ↗.