RPO LLC Hedge Fund

CIK: 0001885066 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 12, 2025

Total Value ($000): $959,185 (97.5% shares, 2.5% debt)

Holdings (44)

SPY SPDR S&P 500 ETF TR 37.6%

Value ($000) $360,403 Shares 541,000 Est. Cost $666.18 Unrealized —

SPY SPDR S&P 500 ETF TR 25.0%

Value ($000) $239,825 Shares 360,000 Est. Cost $666.18 Unrealized —

NVDA NVIDIA CORPORATION 4.6%

Value ($000) $44,219 Shares 237,000 Est. Cost — Unrealized —

MSFT MICROSOFT CORP 3.0%

Value ($000) $28,487 Shares 55,000 Est. Cost — Unrealized —

BAC BANK AMERICA CORP 2.9%

Value ($000) $27,859 Shares 540,000 Est. Cost — Unrealized —

BAC BANK AMERICA CORP 2.5%

Value ($000) $24,247 Shares 470,000 Est. Cost — Unrealized —

COP CONOCOPHILLIPS 2.4%

Value ($000) $23,080 Shares 244,000 Est. Cost — Unrealized —

COP CONOCOPHILLIPS 2.3%

Value ($000) $22,418 Shares 237,000 Est. Cost — Unrealized —

XME SPDR SERIES TRUST 2.3%

Value ($000) $21,993 Shares 236,000 Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 2.2%

Value ($000) $21,270 Shares 114,000 Est. Cost — Unrealized —

MSFT MICROSOFT CORP 1.7%

Value ($000) $16,056 Shares 31,000 Est. Cost — Unrealized —

QCOM QUALCOMM INC 1.6%

Value ($000) $15,471 Shares 93,000 Est. Cost — Unrealized —

— SEAGATE HDD CAYMAN 1.5%

Value ($000) $14,334 Shares 5,000,000 Est. Cost $1.21 Unrealized —

SPY SPDR S&P 500 ETF TR 1.3%

Value ($000) $12,949 Shares 19,437 Est. Cost $666.18 Unrealized —

MS MORGAN STANLEY 1.2%

Value ($000) $11,763 Shares 74,000 Est. Cost — Unrealized —

— STRATEGY INC 1.0%

Value ($000) $9,464 Shares 5,000,000 Est. Cost $1.89 Unrealized —

MS MORGAN STANLEY 0.8%

Value ($000) $7,789 Shares 49,000 Est. Cost — Unrealized —

XME SPDR SERIES TRUST 0.7%

Value ($000) $6,523 Shares 70,000 Est. Cost — Unrealized —

FBTC FIDELITY WISE ORIGIN BITCOIN 0.5%

Value ($000) $4,966 Shares 49,757 Est. Cost $72.97 Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 0.4%

Value ($000) $3,900 Shares 60,000 Est. Cost $51.44 Unrealized —

QCOM QUALCOMM INC 0.4%

Value ($000) $3,826 Shares 23,000 Est. Cost — Unrealized —

BITB BITWISE BITCOIN ETF TR 0.4%

Value ($000) $3,826 Shares 61,485 Est. Cost $43.44 Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 0.4%

Value ($000) $3,718 Shares 57,200 Est. Cost $51.44 Unrealized —

CUK CARNIVAL PLC 0.3%

Value ($000) $3,235 Shares 122,369 Est. Cost $26.44 Unrealized —

— SRH TOTAL RETURN FUND INC 0.3%

Value ($000) $3,069 Shares 168,990 Est. Cost $14.04 Unrealized —

ARKB ARK 21SHARES BITCOIN ETF 0.3%

Value ($000) $2,949 Shares 77,570 Est. Cost $43.37 Unrealized —

EZBC FRANKLIN TEMPLETON DIGITAL H 0.2%

Value ($000) $2,344 Shares 35,400 Est. Cost $42.10 Unrealized —

BTC GRAYSCALE BITCOIN MINI TR ET 0.2%

Value ($000) $2,324 Shares 45,900 Est. Cost $47.75 Unrealized —

BTCO INVESCO GALAXY BITCOIN ETF 0.2%

Value ($000) $2,314 Shares 20,300 Est. Cost $107.53 Unrealized —

HODL VANECK BITCOIN ETF 0.2%

Value ($000) $2,254 Shares 69,644 Est. Cost $35.17 Unrealized —

FETH FIDELITY ETHEREUM FD 0.2%

Value ($000) $2,152 Shares 51,800 Est. Cost $25.17 Unrealized —

TETH 21SHARES ETHEREUM ETF 0.2%

Value ($000) $2,088 Shares 100,400 Est. Cost $12.58 Unrealized —

BRRR COINSHARES BITCOIN ETF 0.2%

Value ($000) $1,751 Shares 54,159 Est. Cost $17.98 Unrealized —

ETHA ISHARES ETHEREUM TR 0.2%

Value ($000) $1,560 Shares 49,500 Est. Cost $31.51 Unrealized —

ETHW BITWISE ETHEREUM ETF 0.1%

Value ($000) $1,270 Shares 42,600 Est. Cost $29.82 Unrealized —

— CLOUGH GLOBAL EQUITY FD 0.1%

Value ($000) $703 Shares 92,327 Est. Cost $6.00 Unrealized —

— CLOUGH GLOBAL OPPORTUNITIES 0.1%

Value ($000) $635 Shares 111,479 Est. Cost $4.98 Unrealized —

— NUVEEN DOW 30 DYNMC OVERWRT 0.1%

Value ($000) $585 Shares 39,270 Est. Cost $14.89 Unrealized —

RUN SUNRUN INC 0.1%

Value ($000) $519 Shares 30,000 Est. Cost — Unrealized —

— CALAMOS GBL DYN INCOME FUND 0.0%

Value ($000) $466 Shares 61,799 Est. Cost $5.97 Unrealized —

— CLOUGH GLOBAL DIVID & INCOME 0.0%

Value ($000) $421 Shares 70,753 Est. Cost $5.23 Unrealized —

BULLW WEBULL CORP 0.0%

Value ($000) $128 Shares 21,000 Est. Cost $4.04 Unrealized —

BZAIW BLAIZE HLDGS INC 0.0%

Value ($000) $28 Shares 45,520 Est. Cost $0.19 Unrealized —

ANNAW ALEANNA INC 0.0%

Value ($000) $3 Shares 13,896 Est. Cost $0.14 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	541,000	$360,403	37.6%	$666.18	—	Put	78462F103
SPY	SPDR S&P 500 ETF TR	360,000	$239,825	25.0%	$666.18	—	Call	78462F103
NVDA	NVIDIA CORPORATION	237,000	$44,219	4.6%	—	—	Put	67066G104
MSFT	MICROSOFT CORP	55,000	$28,487	3.0%	—	—	Put	594918104
BAC	BANK AMERICA CORP	540,000	$27,859	2.9%	—	—	Put	060505104
BAC	BANK AMERICA CORP	470,000	$24,247	2.5%	—	—	Call	060505104
COP	CONOCOPHILLIPS	244,000	$23,080	2.4%	—	—	Put	20825C104
COP	CONOCOPHILLIPS	237,000	$22,418	2.3%	—	—	Call	20825C104
XME	SPDR SERIES TRUST	236,000	$21,993	2.3%	—	—	Put	78464A755
NVDA	NVIDIA CORPORATION	114,000	$21,270	2.2%	—	—	Call	67066G104
MSFT	MICROSOFT CORP	31,000	$16,056	1.7%	—	—	Call	594918104
QCOM	QUALCOMM INC	93,000	$15,471	1.6%	—	—	Put	747525103
—	SEAGATE HDD CAYMAN	5,000,000	$14,334	1.5%	$1.21	—	NOTE 3.500% 6/0	81180WBL4
SPY	SPDR S&P 500 ETF TR	19,437	$12,949	1.3%	$666.18	—	TR UNIT	78462F103
MS	MORGAN STANLEY	74,000	$11,763	1.2%	—	—	Put	617446448
—	STRATEGY INC	5,000,000	$9,464	1.0%	$1.89	—	NOTE 0.625% 9/1	594972AQ4
MS	MORGAN STANLEY	49,000	$7,789	0.8%	—	—	Call	617446448
XME	SPDR SERIES TRUST	70,000	$6,523	0.7%	—	—	Call	78464A755
FBTC	FIDELITY WISE ORIGIN BITCOIN	49,757	$4,966	0.5%	$72.97	—	SHS	315948109
IBIT	ISHARES BITCOIN TRUST ETF	60,000	$3,900	0.4%	$51.44	—	Call	46438F101
QCOM	QUALCOMM INC	23,000	$3,826	0.4%	—	—	Call	747525103
BITB	BITWISE BITCOIN ETF TR	61,485	$3,826	0.4%	$43.44	—	SHS BEN INT	09174C104
IBIT	ISHARES BITCOIN TRUST ETF	57,200	$3,718	0.4%	$51.44	—	SHS BEN INT	46438F101
CUK	CARNIVAL PLC	122,369	$3,235	0.3%	$26.44	—	ADS	14365C103
—	SRH TOTAL RETURN FUND INC	168,990	$3,069	0.3%	$14.04	—	COM	101507101
ARKB	ARK 21SHARES BITCOIN ETF	77,570	$2,949	0.3%	$43.37	—	SHS BEN INT	040919102
EZBC	FRANKLIN TEMPLETON DIGITAL H	35,400	$2,344	0.2%	$42.10	—	BITCOIN ETF SHS	354921108
BTC	GRAYSCALE BITCOIN MINI TR ET	45,900	$2,324	0.2%	$47.75	—	SHS NEW	389930207
BTCO	INVESCO GALAXY BITCOIN ETF	20,300	$2,314	0.2%	$107.53	—	COM SHS BEN INT	46091J101
HODL	VANECK BITCOIN ETF	69,644	$2,254	0.2%	$35.17	—	SH BEN INT	92189K105
FETH	FIDELITY ETHEREUM FD	51,800	$2,152	0.2%	$25.17	—	SHS	31613E103
TETH	21SHARES ETHEREUM ETF	100,400	$2,088	0.2%	$12.58	—	SHS	04071F102
BRRR	COINSHARES BITCOIN ETF	54,159	$1,751	0.2%	$17.98	—	COM	91916J100
ETHA	ISHARES ETHEREUM TR	49,500	$1,560	0.2%	$31.51	—	SHS	46438R105
ETHW	BITWISE ETHEREUM ETF	42,600	$1,270	0.1%	$29.82	—	SHS	091955104
—	CLOUGH GLOBAL EQUITY FD	92,327	$703	0.1%	$6.00	—	COM	18914C100
—	CLOUGH GLOBAL OPPORTUNITIES	111,479	$635	0.1%	$4.98	—	SH BEN INT	18914E106
—	NUVEEN DOW 30 DYNMC OVERWRT	39,270	$585	0.1%	$14.89	—	SHS	67075F105
RUN	SUNRUN INC	30,000	$519	0.1%	—	—	Put	86771W105
—	CALAMOS GBL DYN INCOME FUND	61,799	$466	0.0%	$5.97	—	COM	12811L107
—	CLOUGH GLOBAL DIVID & INCOME	70,753	$421	0.0%	$5.23	—	COM	18913Y103
BULLW	WEBULL CORP	21,000	$128	0.0%	$4.04	—	*W EXP 04/10/203	G9572D111
BZAIW	BLAIZE HLDGS INC	45,520	$28	0.0%	$0.19	—	*W EXP 01/13/203	092915115
ANNAW	ALEANNA INC	13,896	$3	0.0%	$0.14	—	*W EXP 12/13/202	01444V111