Optiver Holding Portfolio holdings
Optiver Holding B.V., founded in 1986 by Johann Kaemingk, Ruud Vlek, and Chris Oomen in Amsterdam, Netherlands, is a leading global proprietary trading firm and market maker specializing in options, derivatives, equities, ETFs, bonds, and foreign exchange. Starting as an options market maker on the European Options Exchange (now Euronext), Optiver has grown into a tech-driven powerhouse with over 2,000 employees across offices in Chicago, Sydney, London, Singapore, and beyond, trading on more than 50 exchanges worldwide. Known for its advanced algorithms and low-latency systems, the firm provides liquidity and competitive pricing, emphasizing market efficiency and stability, though it faced a $14 million fine in 2012 for illegal "banging the close" tactics in U.S. oil futures. Privately owned and led by CEO Rob Defares, Optiver blends a collaborative culture with cutting-edge technology, making it a significant player in the global financial ecosystem.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.09B |
| 2 |
Amazon
AMZN
|
+$607M |
| 3 |
Advanced Micro Devices
AMD
|
+$173M |
| 4 |
Microsoft
MSFT
|
+$93.4M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$92M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$276M |
| 3 |
NVIDIA
NVDA
|
+$241M |
| 4 |
TSMC
TSM
|
+$147M |
| 5 |
Tesla
TSLA
|
+$99.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 0.59% |
| 2 | Consumer Discretionary | 0.28% |
| 3 | Communication Services | 0.2% |
| 4 | Financials | 0.11% |
| 5 | Healthcare | 0.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
PUT
Shell
SHEL
$245B
| $142M | 0.06% |
1,985,000
+262,300
| +15% | +$18.9M |
|
77
Apple
AAPL
$4.89T
| $141M | 0.06% |
554,776
-338,606
| -38% | -$76.5M |
|
78
PUT
Mastercard
MA
$477B
| $135M | 0.05% |
237,800
-17,800
| -7% | -$10.2M |
|
79
PUT
Costco
COST
$415B
| $131M | 0.05% |
141,600
+141,200
| +35,300% | +$135M |
|
80
Micron Technology
MU
$1.04T
| $131M | 0.05% |
782,327
-234,011
| -23% | -$29.9M |
|
81
CALL
Visa
V
$677B
| $130M | 0.05% |
380,700
+59,300
| +18% | +$20.5M |
|
|
82
PUT
Visa
V
$677B
| $129M | 0.05% |
377,200
-61,400
| -14% | -$21.3M |
|
83
PUT
Ferrari
RACE
$63.3B
| $126M | 0.05% |
260,700
+110,500
| +74% | +$52.9M |
|
84
CALL
State Street SPDR NYSE Technology ETF
XNTK
$2.06B
| $124M | 0.05% |
1,951,600
-131,500
| -6% | -$32.4M |
|
85
PUT
Vale
VALE
$62.9B
| $120M | 0.05% |
11,016,800
-1,838,200
| -14% | -$18.8M |
|
86
CALL
Petrobras Class A
PBR.A
$107B
| $107M | 0.04% |
9,043,500
+8,956,200
| +10,259% | +$104M |
|
|
NVO
87
CALL
Novo Nordisk
NVO
$216B
| $106M | 0.04% |
1,911,400
+1,168,300
| +157% | +$68.4M |
|
|
88
CALL
Mastercard
MA
$477B
| $105M | 0.04% |
185,400
+66,200
| +56% | +$38M |
|
89
CALL
Morgan Stanley
MS
$337B
| $103M | 0.04% |
645,000
-482,700
| -43% | -$71.3M |
|
|
90
CALL
Petrobras
PBR
$121B
| $98.4M | 0.04% |
7,771,100
+2,854,000
| +58% | +$35.9M |
|
91
PUT
Marvell Technology
MRVL
$174B
| $97.8M | 0.04% |
1,163,300
+867,500
| +293% | +$63.9M |
|
92
PUT
Rio Tinto
RIO
$148B
| $97.5M | 0.04% |
1,477,200
-256,700
| -15% | -$15.9M |
|
93
CALL
AstraZeneca
AZN
$263B
| $96.6M | 0.04% |
629,850
+214,800
| +52% | +$32.5M |
|
|
94
iShares Russell 2000 ETF
IWM
$80.9B
| $94.6M | 0.04% |
391,036
-1,201,072
| -75% | -$276M |
|
95
CALL
Intel
INTC
$466B
| $93.2M | 0.04% |
2,778,500
+2,771,100
| +37,447% | +$67.1M |
|
96
PUT
American Express
AXP
$223B
| $93M | 0.04% |
280,100
+269,100
| +2,446% | +$85.6M |
|
97
PUT
Netflix
NFLX
$292B
| $92.3M | 0.04% |
+770,000
| New | +$94M |
|
98
PUT
Applied Materials
AMAT
$426B
| $90M | 0.04% |
439,600
+439,200
| +109,800% | +$79.7M |
|
|
99
TSMC
TSM
$2.09T
| $89M | 0.04% |
318,551
-602,004
| -65% | -$147M |
|
100
PUT
BP
BP
$113B
| $88.7M | 0.04% |
2,573,100
-222,400
| -8% | -$7.45M |
|
Similar funds
Optiver Holding's Q3 2025 Portfolio in Review
As of Q3 2025, Optiver Holding held 2,925 positions worth $251B, up 19% from $210B the previous quarter. Its ten largest holdings account for 77% of the portfolio.
Optiver Holding deployed $19.1B of net new capital in Q3 2025, opening 1,491 new positions and adding to 680 existing holdings. Its largest new stake was State Street SPDR S&P 500 ETF Trust: 3,260,678 shares worth $2.17B.
By sector, the portfolio is most concentrated in Technology at 0.59% of assets, down from 0.65% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Alphabet (Google) Class A, an estimated $279M trimmed.
- Optiver Holding's largest Q3 2025 buy was State Street SPDR S&P 500 ETF Trust: 3,260,678 shares worth $2.17B.
- Optiver Holding added most to Amazon in Q3 2025, an estimated $607M increase.
- Optiver Holding's biggest Q3 2025 reduction was Alphabet (Google) Class A, cutting an estimated $279M.
- Optiver Holding fully exited Tesla in Q3 2025, selling an estimated $99.2M.
- Optiver Holding's ten largest holdings make up 77% of its $251B portfolio in Q3 2025.
- Optiver Holding opened 1,491 new positions and closed 259 in Q3 2025.
- Optiver Holding's portfolio value rose 19% quarter-over-quarter to $251B.
Based on Optiver Holding's 13F filing for Q3 2025, filed 10 Nov 2025.