QVR Portfolio holdings
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$882K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$89.3M |
| 2 |
Apple
AAPL
|
+$3.38M |
| 3 |
Meta Platforms (Facebook)
META
|
+$248K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 100% |
| 2 | Communication Services | 0% |
| 3 | Technology | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
PUT
iShares Russell 2000 ETF
IWM
$77.1B
| $461M | 55.67% |
2,611,000
-85,000
| -3% | -$16M |
2020 Q4
11 quarters
|
|
2
PUT
Invesco QQQ Trust
QQQ
$461B
| $367M | 44.23% |
1,023,300
-150,000
| -13% | -$55.6M |
2022 Q4
3 quarters
|
|
|
3
iShares Russell 2000 ETF
IWM
$77.1B
| $831K | 0.1% |
+4,700
| New | +$882K |
2023 Q3
0 quarters
|
|
|
4
Apple
AAPL
$5.18T
| – | – |
-17,445
| Closed | -$3.38M | – |
|
|
5
Meta Platforms (Facebook)
META
$1.64T
| – | – |
-864
| Closed | -$248K | – |
|
|
6
State Street SPDR S&P 500 ETF Trust
SPY
$800B
| – | – |
-201,502
| Closed | -$89.3M | – |
|
Similar funds
QVR's Q3 2023 Portfolio in Review
As of Q3 2023, QVR held 6 positions worth $829M, down 20% from $1.03B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
QVR withdrew a net $92.1M in Q3 2023, closing 3 positions and reducing 2 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $89.3M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 100% of assets, up from 100% a quarter earlier, followed by Communication Services and Technology.
Against the trend, QVR opened a new position in iShares Russell 2000 ETF worth $831K.
- QVR's largest Q3 2023 buy was iShares Russell 2000 ETF: 4,700 shares worth $831K.
- QVR fully exited State Street SPDR S&P 500 ETF Trust in Q3 2023, selling an estimated $89.3M.
- QVR's ten largest holdings make up 100% of its $829M portfolio in Q3 2023.
- QVR opened 1 new position and closed 3 in Q3 2023.
- QVR's portfolio value fell 20% quarter-over-quarter to $829M.
Based on QVR's 13F filing for Q3 2023, filed 13 Nov 2023.