We are live on !
Find out more
Wolverine Trading Portfolio holdings
AUM
$139B
Turnover
41.01%
1-Year Est. Return
31.83%
This Fund
S&P 500
This Quarter Est. Return
+13.87%
1 Year Est. Return
+31.83%
3 Year Est. Return
+143.85%
5 Year Est. Return
+179.05%
10 Year Est. Return
–
AUM
$139B
AUM Growth
+$39.4B
(+40%)
Cap. Flow
+$628M
Cap. Flow % of AUM
Cap. Flow %
0.45%
Top 10 Holdings %
Top 10 Hldgs %
33.61%
Holding
6,338
New
1,826
Increased
2,358
Reduced
1,363
Closed
773
Avg Time Held
Equity + Options
1.3
years
Top 10 Avg Time Held
Equity + Options
1.7
years
Top 20 Avg Time Held
Equity + Options
1.7
years
Avg Time Held Equity only
0.7
years
Top 10 Avg Time Held Equity only
0.8
years
Top 20 Avg Time Held Equity only
1.1
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$111M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$99.2M |
| 3 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$72M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$65.8M |
| 5 |
Meta Platforms (Facebook)
META
|
+$42.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$315M |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$187M |
| 3 |
Microsoft
MSFT
|
+$89.6M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$53.4M |
| 5 |
Tesla
TSLA
|
+$51.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 97.66% |
| 2 | Technology | 0.7% |
| 3 | Consumer Discretionary | 0.39% |
| 4 | Financials | 0.24% |
| 5 | Communication Services | 0.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
176
PUT
Uber
UBER
$136B
| $105M | 0.08% |
1,054,900
-230,000
| -18% | -$21.5M |
2025 Q2
1 quarter
|
|
177
CALL
Astera Labs
ALAB
$39.8B
| $105M | 0.08% |
527,800
+148,800
| +39% | +$24.5M |
2024 Q1
6 quarters
|
|
178
PUT
lululemon athletica
LULU
$12.5B
| $105M | 0.08% |
585,100
+110,400
| +23% | +$22.1M |
2016 Q2
37 quarters
|
|
179
PUT
Lam Research
LRCX
$285B
| $105M | 0.08% |
798,900
+102,600
| +15% | +$10.9M |
2024 Q4
3 quarters
|
|
180
PUT
iShares Silver Trust
SLV
$24.5B
| $104M | 0.07% |
+2,444,300
| New | +$87.8M |
2025 Q3
0 quarters
|
|
|
181
Invesco QQQ Trust
QQQ
$460B
| $104M | 0.07% |
+173,291
| New | +$99.2M |
2025 Q3
0 quarters
|
|
182
CALL
Apollo Global Management
APO
$70.5B
| $104M | 0.07% |
748,800
-59,300
| -7% | -$8.4M |
2025 Q2
1 quarter
|
|
183
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$31.4B
| $103M | 0.07% |
671,400
+40,800
| +6% | +$6.18M |
2020 Q2
21 quarters
|
|
184
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $102M | 0.07% |
166,900
-28,300
| -14% | -$16.7M |
2022 Q4
11 quarters
|
|
185
PUT
State Street Energy Select Sector SPDR ETF
XLE
$44.3B
| $100M | 0.07% |
2,210,200
+608,200
| +38% | +$26.6M |
2022 Q1
14 quarters
|
|
186
CALL
Intuitive Surgical
ISRG
$154B
| $100M | 0.07% |
226,700
+17,000
| +8% | +$8.16M |
2023 Q1
10 quarters
|
|
187
CALL
Eaton
ETN
$142B
| $99.5M | 0.07% |
270,900
-34,500
| -11% | -$12.5M |
2023 Q2
9 quarters
|
|
188
PUT
Morgan Stanley
MS
$291B
| $98.7M | 0.07% |
612,500
+126,900
| +26% | +$18.7M |
2025 Q2
1 quarter
|
|
189
PUT
VanEck Gold Miners ETF
GDX
$24.4B
| $98M | 0.07% |
1,293,800
+282,000
| +28% | +$17M |
2022 Q1
14 quarters
|
|
190
CALL
Blackrock
BLK
$180B
| $97.1M | 0.07% |
82,600
-3,900
| -5% | -$4.36M |
2024 Q4
3 quarters
|
|
191
PUT
Applied Materials
AMAT
$297B
| $96.9M | 0.07% |
+472,800
| New | +$85.8M |
2025 Q3
0 quarters
|
|
192
PUT
Salesforce
CRM
$186B
| $96.4M | 0.07% |
393,400
+53,900
| +16% | +$13.6M |
2023 Q2
9 quarters
|
|
193
CALL
KLA
KLAC
$199B
| $95.7M | 0.07% |
899,000
+148,000
| +20% | +$13.8M |
2019 Q3
24 quarters
|
|
194
PUT
Synopsys
SNPS
$89.3B
| $95.6M | 0.07% |
198,400
+144,500
| +268% | +$81.7M |
2022 Q3
12 quarters
|
|
195
CALL
Qualcomm
QCOM
$173B
| $95.1M | 0.07% |
575,400
+44,300
| +8% | +$7.03M |
2016 Q2
37 quarters
|
|
196
PUT
AutoZone
AZO
$52.4B
| $94.9M | 0.07% |
+22,200
| New | +$89.1M |
2025 Q3
0 quarters
|
|
197
CALL
United Airlines
UAL
$35.5B
| $94.5M | 0.07% |
957,800
+103,000
| +12% | +$9.9M |
2016 Q2
37 quarters
|
|
|
198
PUT
Qualcomm
QCOM
$173B
| $94.1M | 0.07% |
569,200
-113,900
| -17% | -$18.1M |
2016 Q2
37 quarters
|
|
199
CALL
Bank of America
BAC
$343B
| $93.7M | 0.07% |
+1,787,600
| New | +$87.2M |
2025 Q3
0 quarters
|
|
200
CALL
McDonald's
MCD
$188B
| $92.7M | 0.07% |
306,000
-36,900
| -11% | -$11.2M |
2023 Q1
10 quarters
|
|
Similar funds
Wolverine Trading's Q3 2025 Portfolio in Review
As of Q3 2025, Wolverine Trading held 6,338 positions worth $139B, up 40% from $99.3B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Wolverine Trading's Q3 2025 filing shows 1,826 new, 2,358 increased, 1,363 reduced and 773 closed positions. Its largest new stake was Berkshire Hathaway Class B: 229,185 shares worth $114M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $315M.
By sector, the portfolio is most concentrated in Miscellaneous at 98% of assets, down from 98% a quarter earlier, followed by Technology and Consumer Discretionary.
- Wolverine Trading's largest Q3 2025 buy was Berkshire Hathaway Class B: 229,185 shares worth $114M.
- Wolverine Trading added most to State Street Financial Select Sector SPDR ETF in Q3 2025, an estimated $72M increase.
- Wolverine Trading's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $315M.
- Wolverine Trading fully exited State Street Real Estate Select Sector SPDR ETF in Q3 2025, selling an estimated $24.4M.
- Wolverine Trading's ten largest holdings make up 34% of its $139B portfolio in Q3 2025.
- Wolverine Trading opened 1,826 new positions and closed 773 in Q3 2025.
- Wolverine Trading's portfolio value rose 40% quarter-over-quarter to $139B.
Based on Wolverine Trading's 13F filing for Q3 2025, filed 14 Nov 2025.