Q3 2025 · 13F-HR
ADAPT Investment Managers SAholdings as filed
Filed 2025-10-29 · accession 0001172661-25-004474
$10.63B
Reported value
124
Positions
2025-09-30
Period end
The Brief · ADAPT Investment Managers SA · Q3 2025
AI · grounded in 13F
ADAPT Investment Managers SA exited its position in ADBE, reducing its holdings by $106.4M. The fund also closed its position in JNJ for a loss of $97.5M. On the buy side, the manager increased its stake in AAPL by 353.9% and grew its position in MRVL by 285.7%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.60B | 15.1% | 8,580,000 | PUT | NONE |
| 88160R101 | TSLA | TESLA INC | $1.28B | 12.0% | 2,880,000 | PUT | NONE |
| 464288513 | HYG | ISHARES TR | $649.5M | 6.11% | 8,000,000 | PUT | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $551.6M | 5.19% | 1,065,000 | PUT | NONE |
| 037833100 | AAPL | APPLE INC | $547.5M | 5.15% | 2,150,000 | PUT | NONE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $465.1M | 4.37% | 2,875,000 | PUT | NONE |
| 30303M102 | META | META PLATFORMS INC | $337.8M | 3.18% | 460,000 | PUT | NONE |
| 464287184 | FXI | ISHARES TR | $329.1M | 3.10% | 8,000,200 | PUT | NONE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $292.8M | 2.75% | 1,750,000 | PUT | NONE |
| 11135F101 | AVGO | BROADCOM INC | $288.7M | 2.71% | 875,000 | PUT | NONE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $228.0M | 2.14% | 1,250,000 | PUT | NONE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $205.9M | 1.94% | 610,000 | PUT | NONE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $205.6M | 1.93% | 1,450,000 | PUT | NONE |
| 023135106 | AMZN | AMAZON COM INC | $186.6M | 1.76% | 850,000 | PUT | NONE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $176.5M | 1.66% | 2,100,000 | PUT | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $127.6M | 1.20% | 683,698 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $114.6M | 1.08% | 450,000 | CALL | NONE |
| 771049103 | RBLX | ROBLOX CORP | $110.8M | 1.04% | 800,000 | PUT | NONE |
| 98980G102 | ZS | ZSCALER INC | $104.9M | 0.99% | 350,000 | PUT | NONE |
| 464287184 | FXI | ISHARES TR | $102.8M | 0.97% | 2,500,000 | CALL | NONE |
| 040413205 | ANET | ARISTA NETWORKS INC | $91.1M | 0.86% | 625,000 | PUT | NONE |
| 747525103 | QCOM | QUALCOMM INC | $83.2M | 0.78% | 500,000 | PUT | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $78.9M | 0.74% | 700,000 | PUT | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $77.7M | 0.73% | 150,000 | CALL | NONE |
| 11135F101 | AVGO | BROADCOM INC | $74.2M | 0.70% | 225,000 | CALL | NONE |
| 77543R102 | ROKU | ROKU INC | $70.1M | 0.66% | 700,000 | PUT | NONE |
| 98980G102 | ZS | ZSCALER INC | $59.9M | 0.56% | 200,000 | CALL | NONE |
| 679295105 | OKTA | OKTA INC | $59.6M | 0.56% | 650,000 | PUT | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $55.1M | 0.52% | 300,000 | PUT | NONE |
| 852234103 | XYZ | BLOCK INC | $54.2M | 0.51% | 750,000 | PUT | NONE |
| 458140100 | INTC | INTEL CORP | $53.7M | 0.50% | 1,600,200 | PUT | NONE |
| 11135F101 | AVGO | BROADCOM INC | $52.8M | 0.50% | 159,996 | Common | NONE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $50.4M | 0.47% | 600,000 | CALL | NONE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $50.2M | 0.47% | 300,000 | CALL | NONE |
| 052769106 | ADSK | AUTODESK INC | $47.7M | 0.45% | 150,000 | PUT | NONE |
| 038222105 | AMAT | APPLIED MATLS INC | $46.1M | 0.43% | 225,000 | PUT | NONE |
| 172967424 | C | CITIGROUP INC | $45.7M | 0.43% | 450,000 | PUT | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $45.2M | 0.42% | 400,600 | CALL | NONE |
| 023135106 | AMZN | AMAZON COM INC | $43.9M | 0.41% | 200,000 | CALL | NONE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $42.5M | 0.40% | 300,000 | CALL | NONE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $42.2M | 0.40% | 125,000 | CALL | NONE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $41.0M | 0.39% | 225,000 | CALL | NONE |
| 88160R101 | TSLA | TESLA INC | $37.0M | 0.35% | 83,166 | Common | NONE |
| 040413205 | ANET | ARISTA NETWORKS INC | $36.4M | 0.34% | 250,000 | CALL | NONE |
| 30303M102 | META | META PLATFORMS INC | $34.2M | 0.32% | 46,616 | Common | NONE |
| 461202103 | INTU | INTUIT | $34.1M | 0.32% | 50,000 | PUT | NONE |
| 88339J105 | TTD | THE TRADE DESK INC | $33.3M | 0.31% | 680,000 | CALL | NONE |
| 747525103 | QCOM | QUALCOMM INC | $33.3M | 0.31% | 200,000 | CALL | NONE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $32.4M | 0.30% | 200,000 | CALL | NONE |
| 052769106 | ADSK | AUTODESK INC | $31.8M | 0.30% | 100,000 | CALL | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $31.0M | 0.29% | 600,000 | PUT | NONE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $30.7M | 0.29% | 183,771 | Common | NONE |
| 038222105 | AMAT | APPLIED MATLS INC | $30.7M | 0.29% | 150,000 | CALL | NONE |
| 437076102 | HD | HOME DEPOT INC | $30.4M | 0.29% | 75,000 | PUT | NONE |
| 458140100 | INTC | INTEL CORP | $30.2M | 0.28% | 900,000 | CALL | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $29.9M | 0.28% | 160,200 | CALL | NONE |
| 532457108 | LLY | ELI LILLY & CO | $28.6M | 0.27% | 37,500 | PUT | NONE |
| 78464A698 | KRE | SPDR SERIES TRUST | $28.5M | 0.27% | 450,000 | PUT | NONE |
| 031162100 | AMGN | AMGEN INC | $28.2M | 0.27% | 100,000 | CALL | NONE |
| 031162100 | AMGN | AMGEN INC | $28.2M | 0.27% | 100,000 | PUT | NONE |
| 89832Q109 | TFC | TRUIST FINL CORP | $27.4M | 0.26% | 600,000 | PUT | NONE |
| 55616P104 | M | MACYS INC | $26.9M | 0.25% | 1,500,000 | PUT | NONE |
| 88339J105 | TTD | THE TRADE DESK INC | $26.5M | 0.25% | 540,000 | PUT | NONE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $26.0M | 0.24% | 900,000 | PUT | NONE |
| 717081103 | PFE | PFIZER INC | $25.5M | 0.24% | 1,000,100 | PUT | NONE |
| 526057104 | LEN | LENNAR CORP | $25.2M | 0.24% | 200,000 | PUT | NONE |
| 548661107 | LOW | LOWES COS INC | $25.1M | 0.24% | 100,000 | CALL | NONE |
| 548661107 | LOW | LOWES COS INC | $25.1M | 0.24% | 100,000 | PUT | NONE |
| 02079K107 | GOOG | ALPHABET INC | $24.4M | 0.23% | 100,000 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $23.7M | 0.22% | 129,069 | Common | NONE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $23.1M | 0.22% | 800,000 | CALL | NONE |
| 30303M102 | META | META PLATFORMS INC | $22.0M | 0.21% | 30,000 | CALL | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $20.5M | 0.19% | 300,000 | CALL | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $20.5M | 0.19% | 300,000 | PUT | NONE |
| 023135106 | AMZN | AMAZON COM INC | $20.3M | 0.19% | 92,450 | Common | NONE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $19.8M | 0.19% | 450,000 | PUT | NONE |
| 532457108 | LLY | ELI LILLY & CO | $19.1M | 0.18% | 25,000 | CALL | NONE |
| 78464A698 | KRE | SPDR SERIES TRUST | $19.0M | 0.18% | 300,000 | CALL | NONE |
| 256746108 | DLTR | DOLLAR TREE INC | $18.9M | 0.18% | 200,000 | CALL | NONE |
| 256746108 | DLTR | DOLLAR TREE INC | $18.9M | 0.18% | 200,000 | PUT | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $18.4M | 0.17% | 35,600 | Common | NONE |
| 679295105 | OKTA | OKTA INC | $18.3M | 0.17% | 200,000 | CALL | NONE |
| 89832Q109 | TFC | TRUIST FINL CORP | $18.3M | 0.17% | 400,000 | CALL | NONE |
| 55616P104 | M | MACYS INC | $17.9M | 0.17% | 1,000,000 | CALL | NONE |
| 461202103 | INTU | INTUIT | $17.1M | 0.16% | 25,000 | CALL | NONE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $15.7M | 0.15% | 400,000 | PUT | NONE |
| 172967424 | C | CITIGROUP INC | $15.2M | 0.14% | 150,000 | CALL | NONE |
| 437076102 | HD | HOME DEPOT INC | $15.2M | 0.14% | 37,500 | CALL | NONE |
| 902973304 | USB | US BANCORP DEL | $14.5M | 0.14% | 300,100 | PUT | NONE |
| 902973304 | USB | US BANCORP DEL | $14.5M | 0.14% | 300,000 | CALL | NONE |
| 443573100 | HUBS | HUBSPOT INC | $14.0M | 0.13% | 30,000 | PUT | NONE |
| 654106103 | NKE | NIKE INC | $13.9M | 0.13% | 200,000 | CALL | NONE |
| 654106103 | NKE | NIKE INC | $13.9M | 0.13% | 200,000 | PUT | NONE |
| 88339J105 | TTD | THE TRADE DESK INC | $13.2M | 0.12% | 270,001 | Common | NONE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $13.2M | 0.12% | 300,000 | CALL | NONE |
| 717081103 | PFE | PFIZER INC | $12.7M | 0.12% | 500,000 | CALL | NONE |
| 526057104 | LEN | LENNAR CORP | $12.6M | 0.12% | 100,000 | CALL | NONE |
| 461202103 | INTU | INTUIT | $12.6M | 0.12% | 18,413 | Common | NONE |
| 443573100 | HUBS | HUBSPOT INC | $12.5M | 0.12% | 26,726 | Common | NONE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $11.8M | 0.11% | 300,000 | CALL | NONE |
| 443573100 | HUBS | HUBSPOT INC | $11.7M | 0.11% | 25,000 | CALL | NONE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $11.4M | 0.11% | 70,630 | Common | NONE |
| 931142103 | WMT | WALMART INC | $11.3M | 0.11% | 110,000 | PUT | NONE |
| 931142103 | WMT | WALMART INC | $11.3M | 0.11% | 110,000 | CALL | NONE |
| 92189F676 | SMH | VANECK ETF TRUST | $11.2M | 0.11% | 34,434 | Common | NONE |
| 852234103 | XYZ | BLOCK INC | $9.0M | 0.08% | 124,219 | Common | NONE |
| 87612E106 | TGT | TARGET CORP | $9.0M | 0.08% | 100,000 | CALL | NONE |
| 87612E106 | TGT | TARGET CORP | $9.0M | 0.08% | 100,000 | PUT | NONE |
| V7780T103 | RCL | ROYAL CARIBBEAN GROUP | $7.8M | 0.07% | 24,000 | PUT | NONE |
| 548661107 | LOW | LOWES COS INC | $7.2M | 0.07% | 28,492 | Common | NONE |
| V7780T103 | RCL | ROYAL CARIBBEAN GROUP | $5.2M | 0.05% | 16,000 | CALL | NONE |
| 437076102 | HD | HOME DEPOT INC | $4.9M | 0.05% | 12,005 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $4.6M | 0.04% | 25,000 | CALL | NONE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $4.5M | 0.04% | 114,453 | Common | NONE |
| 87612E106 | TGT | TARGET CORP | $4.5M | 0.04% | 49,812 | Common | NONE |
| 64110L106 | NFLX | NETFLIX INC | $4.0M | 0.04% | 3,300 | Common | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $3.5M | 0.03% | 66,982 | Common | NONE |
| 78464A698 | KRE | SPDR SERIES TRUST | $3.3M | 0.03% | 51,828 | Common | NONE |
| 052769106 | ADSK | AUTODESK INC | $1.8M | 0.02% | 5,785 | Common | NONE |
| 654106103 | NKE | NIKE INC | $1.1M | 0.01% | 16,365 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $677,515 | 0.01% | 6,009 | Common | NONE |
| 679295105 | OKTA | OKTA INC | $624,110 | 0.01% | 6,806 | Common | NONE |
| 256746108 | DLTR | DOLLAR TREE INC | $200,725 | 0.00% | 2,127 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $151,837 | 0.00% | 199 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.