Q4 2025 · 13F-HR
Rule One Partners, LLCholdings as filed
Filed 2026-02-11 · accession 0002040263-26-000001
$684.8M
Reported value
14
Positions
2025-12-31
Period end
The Brief · Rule One Partners, LLC · Q4 2025
AI · grounded in 13F
Rule One Partners, LLC established a new position in SPDR S&P 500 ETF TR valued at $508.3M. The fund also initiated new stakes in INVESCO QQQ TR for $64.4M and NFLX for $36.1M. Additional new positions include LULULEMON ATHLETICA INC at $21.7M and ASML HOLDING N V at $12.3M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F953 | — | SPDR S&P 500 ETF TR | $508.3M | 74.2% | 763,000 | PUT | SOLE |
| 46090E953 | — | INVESCO QQQ TR | $64.4M | 9.40% | 105,400 | PUT | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $36.1M | 5.27% | 385,000 | Common | SOLE |
| 550021109 | LULU | LULULEMON ATHLETICA INC | $21.7M | 3.16% | 104,200 | Common | SOLE |
| N07059900 | — | ASML HOLDING N V | $12.3M | 1.80% | 11,500 | CALL | SOLE |
| 512807906 | — | LAM RESEARCH CORP | $11.1M | 1.62% | 65,000 | CALL | SOLE |
| 85208M102 | SFM | SPROUTS FMRS MKT INC | $10.3M | 1.50% | 129,000 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $7.6M | 1.11% | 7,101 | Common | SOLE |
| 023135956 | — | AMAZON COM INC | $5.8M | 0.84% | 25,000 | PUT | SOLE |
| 654106103 | NKE | NIKE INC | $2.4M | 0.34% | 37,001 | Common | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $2.0M | 0.30% | 35,001 | Common | SOLE |
| 73278L105 | POOL | POOL CORP | $1.7M | 0.25% | 7,501 | Common | SOLE |
| 44267T102 | HHH | HOWARD HUGHES HOLDINGS INC | $957,320 | 0.14% | 12,001 | Common | SOLE |
| 882681109 | TXRH | TEXAS ROADHOUSE INC | $249,166 | 0.04% | 1,501 | 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.