Q4 2025 · 13F-HR
DBA TRADING, LLCholdings as filed
Filed 2026-02-17 · accession 0001420506-26-000555
$155.4M
Reported value
39
Positions
2025-12-31
Period end
The Brief · DBA TRADING, LLC · Q4 2025
AI · grounded in 13F
DBA TRADING, LLC established a new position in NFLX valued at $98.5M. The fund also added new holdings in GLD for $11.3M and SPY for $5.5M. Other new entries include SQNS at $5.0M and CVNA at $4.4M. The fund ended the period with 38 positions and total AUM of $155.4M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 64110L106 | NFLX | NETFLIX INC | $51.0M | 32.8% | 544,000 | CALL | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $47.5M | 30.6% | 506,724 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $11.3M | 7.24% | 28,400 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $5.5M | 3.55% | 8,100 | Common | SOLE |
| 817323405 | SQNS | SEQUANS COMMUNICATIONS S A | $5.0M | 3.24% | 1,122,219 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $4.4M | 2.85% | 10,500 | Common | SOLE |
| 038169207 | APLD | APPLIED DIGITAL CORP | $4.2M | 2.71% | 171,700 | PUT | SOLE |
| G33856108 | GSM | FERROGLOBE PLC | $2.4M | 1.55% | 519,060 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $2.2M | 1.40% | 4,500 | Common | SOLE |
| 594972408 | MSTR | STRATEGY INC | $1.4M | 0.90% | 9,200 | Common | SOLE |
| 282644400 | — | EKSO BIONICS HLDGS INC | $1.4M | 0.87% | 156,763 | Common | SOLE |
| 001744101 | AMN | AMN HEALTHCARE SVCS INC | $1.2M | 0.78% | 77,000 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $1.2M | 0.77% | 24,100 | Common | SOLE |
| 05580M108 | RILY | B. RILEY FINANCIAL INC | $1.2M | 0.74% | 246,857 | Common | SOLE |
| 298736109 | EEFT | EURONET WORLDWIDE INC | $1.1M | 0.73% | 15,000 | Common | SOLE |
| 371927104 | GEL | GENESIS ENERGY L P | $1.1M | 0.73% | 72,500 | Common | SOLE |
| 98422X101 | XPOF | XPONENTIAL FITNESS INC | $1.1M | 0.70% | 132,877 | Common | SOLE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $1.1M | 0.70% | 30,000 | Common | SOLE |
| 26210V102 | DRVN | DRIVEN BRANDS HLDGS INC | $1.0M | 0.67% | 70,000 | Common | SOLE |
| 680665205 | OLN | OLIN CORP | $937,350 | 0.60% | 45,000 | Common | SOLE |
| 023939101 | AMTM | AMENTUM HOLDINGS INC | $904,684 | 0.58% | 31,196 | Common | SOLE |
| 55955D100 | MGNI | MAGNITE INC | $892,650 | 0.57% | 55,000 | Common | SOLE |
| 783754104 | RYZ | RYERSON HLDG CORP | $880,600 | 0.57% | 35,000 | Common | SOLE |
| 88642R109 | TDW | TIDEWATER INC NEW | $858,670 | 0.55% | 17,000 | Common | SOLE |
| 127537207 | CDZI | CADIZ INC | $774,404 | 0.50% | 138,040 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $660,090 | 0.42% | 1,000 | Common | SOLE |
| 514766104 | LFCR | LIFECORE BIOMEDICAL INC | $613,500 | 0.39% | 75,000 | Common | SOLE |
| 00091G104 | ACVA | ACV AUCTIONS INC | $561,400 | 0.36% | 70,000 | Common | SOLE |
| G97822103 | PRGO | PERRIGO CO PLC | $556,800 | 0.36% | 40,000 | Common | SOLE |
| 08862E109 | BYND | BEYOND MEAT INC | $550,466 | 0.35% | 671,300 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $373,000 | 0.24% | 2,000 | Common | SOLE |
| 29269R105 | EFXT | ENERFLEX LTD | $370,320 | 0.24% | 24,000 | Common | SOLE |
| 775133101 | ROG | ROGERS CORP | $274,710 | 0.18% | 3,000 | Common | SOLE |
| 172573107 | CRCL | CIRCLE INTERNET GROUP INC | $237,900 | 0.15% | 3,000 | Common | SOLE |
| L72967109 | OEC | ORION S.A. | $208,560 | 0.13% | 39,500 | Common | SOLE |
| 21873S108 | CRWV | COREWEAVE INC | $200,508 | 0.13% | 2,800 | Common | SOLE |
| 00165C302 | AMC | AMC ENTMT HLDGS INC | $136,656 | 0.09% | 87,600 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $21,416 | 0.01% | 100 | Common | SOLE |
| 820014405 | SBET | SHARPLINK GAMING INC | $17,880 | 0.01% | 2,000 | 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.