We are live on !
Find out more
QVR Portfolio holdings
AUM
$2.49B
Turnover
74.21%
1-Year Est. Return
48.58%
QVR is a hedge fund firm founded in 2017 that specialized in trading volatility through options and derivatives. Its founder and managing partner is Benn Eifert. Its fund was later converted into a multi-strategy vehicle, and in May 2026 the firm said it was closing the fund and seeking to sell its management business.
This Fund
S&P 500
This Quarter Est. Return
+6.92%
1 Year Est. Return
+48.58%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$868M
AUM Growth
-$355M
(-29%)
Cap. Flow
-$46.2M
Cap. Flow % of AUM
Cap. Flow %
-5.32%
Top 10 Holdings %
Top 10 Hldgs %
93.82%
Holding
323
New
13
Increased
5
Reduced
176
Closed
129
Avg Time Held
Equity + Options
0.7
years
Top 10 Avg Time Held
Equity + Options
0.6
years
Top 20 Avg Time Held
Equity + Options
0.5
years
Avg Time Held Equity only
0.5
years
Top 10 Avg Time Held Equity only
0.1
years
Top 20 Avg Time Held Equity only
0.2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$64.6M |
| 2 |
Eli Lilly
LLY
|
+$105K |
| 3 |
ConocoPhillips
COP
|
+$98.7K |
| 4 |
Union Pacific
UNP
|
+$77.7K |
| 5 |
Home Depot
HD
|
+$75.2K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$22.8M |
| 2 |
Microsoft
MSFT
|
+$12.7M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$5.57M |
| 4 |
Amazon
AMZN
|
+$4.41M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$3.94M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 99.71% |
| 2 | Technology | 0.09% |
| 3 | Healthcare | 0.06% |
| 4 | Financials | 0.04% |
| 5 | Consumer Discretionary | 0.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
PUT
iShares Russell 2000 ETF
IWM
$77.1B
| $478M | 55.07% |
2,743,300
+469,500
| +21% | +$83.5M |
2020 Q4
8 quarters
|
|
2
PUT
Invesco QQQ Trust
QQQ
$461B
| $255M | 29.31% |
+956,000
| New | +$264M |
2022 Q4
0 quarters
|
|
|
3
State Street SPDR S&P 500 ETF Trust
SPY
$800B
| $64.3M | 7.4% |
+168,057
| New | +$64.6M |
2022 Q4
0 quarters
|
|
|
4
PUT
Apple
AAPL
$5.18T
| $5.07M | 0.58% |
39,000
-447,400
| -92% | -$63.9M |
2022 Q1
3 quarters
|
|
|
5
PUT
Microsoft
MSFT
$3.89T
| $3.5M | 0.4% |
14,600
-194,800
| -93% | -$46.7M |
2022 Q1
3 quarters
|
|
|
6
CALL
Apple
AAPL
$5.18T
| $2.92M | 0.34% |
22,500
-162,400
| -88% | -$23.2M |
2022 Q1
3 quarters
|
|
|
7
CALL
Microsoft
MSFT
$3.89T
| $2.11M | 0.24% |
8,800
-80,700
| -90% | -$19.4M |
2022 Q1
3 quarters
|
|
|
8
CALL
Amazon
AMZN
$2.88T
| $1.5M | 0.17% |
17,800
-163,600
| -90% | -$16.2M |
2022 Q1
3 quarters
|
|
|
9
PUT
Amazon
AMZN
$2.88T
| $1.39M | 0.16% |
16,500
-226,100
| -93% | -$22.3M |
2022 Q1
3 quarters
|
|
10
PUT
Coca-Cola
KO
$427B
| $1.16M | 0.13% |
18,300
-54,200
| -75% | -$3.27M |
2022 Q1
3 quarters
|
|
11
PUT
AT&T
T
$149B
| $1.1M | 0.13% |
59,500
-34,100
| -36% | -$610K |
2022 Q1
3 quarters
|
|
12
PUT
Tesla
TSLA
$1.54T
| $1.08M | 0.12% |
8,800
-51,300
| -85% | -$9.7M |
2022 Q1
3 quarters
|
|
13
PUT
ExxonMobil
XOM
$696B
| $1.04M | 0.12% |
9,400
-55,800
| -86% | -$5.98M |
2022 Q1
3 quarters
|
|
14
PUT
Berkshire Hathaway Class B
BRK.B
$1.26T
| $1.02M | 0.12% |
3,300
-57,600
| -95% | -$17.1M |
2022 Q1
3 quarters
|
|
15
CALL
Alphabet (Google) Class A
GOOGL
$3.64T
| $1.01M | 0.12% |
11,500
-110,900
| -91% | -$10.5M |
2022 Q1
3 quarters
|
|
16
PUT
UnitedHealth
UNH
$365B
| $1.01M | 0.12% |
1,900
-16,400
| -90% | -$8.69M |
2022 Q1
3 quarters
|
|
|
17
PUT
Alphabet (Google) Class A
GOOGL
$3.64T
| $971K | 0.11% |
11,000
-131,900
| -92% | -$12.5M |
2022 Q1
3 quarters
|
|
18
PUT
NVIDIA
NVDA
$3.93T
| $935K | 0.11% |
64,000
-578,000
| -90% | -$8.48M |
2022 Q1
3 quarters
|
|
|
19
CALL
Alphabet (Google) Class C
GOOG
$3.6T
| $914K | 0.11% |
10,300
-73,700
| -88% | -$7.03M |
2022 Q1
3 quarters
|
|
|
20
PUT
Home Depot
HD
$348B
| $884K | 0.1% |
2,800
-17,900
| -86% | -$5.45M |
2022 Q1
3 quarters
|
|
21
PUT
Johnson & Johnson
JNJ
$688B
| $883K | 0.1% |
5,000
-36,900
| -88% | -$6.37M |
2022 Q1
3 quarters
|
|
|
22
PUT
Alphabet (Google) Class C
GOOG
$3.6T
| $878K | 0.1% |
9,900
-118,500
| -92% | -$11.3M |
2022 Q1
3 quarters
|
|
23
CALL
Verizon
VZ
$192B
| $831K | 0.1% |
21,100
-110,000
| -84% | -$4.14M |
2022 Q1
3 quarters
|
|
24
PUT
JPMorgan Chase
JPM
$919B
| $818K | 0.09% |
6,100
-50,600
| -89% | -$6.41M |
2022 Q1
3 quarters
|
|
25
PUT
Procter & Gamble
PG
$394B
| $743K | 0.09% |
4,900
-36,400
| -88% | -$5.1M |
2022 Q1
3 quarters
|
|
Similar funds
QVR's Q4 2022 Portfolio in Review
As of Q4 2022, QVR held 323 positions worth $868M, down 29% from $1.22B the previous quarter. Its ten largest holdings account for 94% of the portfolio.
QVR withdrew a net $46.2M in Q4 2022, closing 129 positions and reducing 176 holdings. Its most notable exit was iShares Russell 2000 ETF, an estimated $5.57M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 100% of assets, up from 92% a quarter earlier, followed by Technology and Healthcare.
Against the trend, QVR opened a new position in State Street SPDR S&P 500 ETF Trust worth $64.3M.
- QVR's largest Q4 2022 buy was State Street SPDR S&P 500 ETF Trust: 168,057 shares worth $64.3M.
- QVR added most to Gilead Sciences in Q4 2022, an estimated $5.07K increase.
- QVR's biggest Q4 2022 reduction was Apple, cutting an estimated $22.8M.
- QVR fully exited iShares Russell 2000 ETF in Q4 2022, selling an estimated $5.57M.
- QVR's ten largest holdings make up 94% of its $868M portfolio in Q4 2022.
- QVR opened 13 new positions and closed 129 in Q4 2022.
- QVR's portfolio value fell 29% quarter-over-quarter to $868M.
Based on QVR's 13F filing for Q4 2022, filed 10 Feb 2023.