Q4 2025 · 13F-HR
SBI Holdings USA, Inc.holdings as filed
Filed 2026-02-10 · accession 0001213900-26-014294
$128.0M
Reported value
1
Positions
2025-12-31
Period end
The Brief · SBI Holdings USA, Inc. · Q4 2025
AI · grounded in 13F
SBI Holdings USA, Inc. established a new position in CRCL with an investment of $127.99M. This single holding represents the entirety of the fund's $127.99M total assets under management. The fund added no other positions and recorded no sells during the period.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 172573107 | CRCL | CIRCLE INTERNET GROUP INC | $128.0M | 100.0% | 1,614,000 | Common | SOLE |
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.