Lombard Odier Asset Management (USA) Corp

Registered adviser

CIK

1491719

Location

New York, NY

Portfolio Value

Small $688,078,885

Diversification

Diversified

Filing Date

Global Rank

#3,185 / 8,818 ▼ 734

Top Industry

Drug Manufacturers - General 16.7%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 153582

Roster of Oct 1, 2026

Regulatory AUM

$7,484,663,000

Main clients

Pooled investment vehicles (92% of AUM)

Private funds

9 funds · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$6,984,812,000 gross assets

LEI

RVC75Z0ML69V71Q2KW95

Private funds on Schedule D 7.B.(1)

As filed May 1, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$8,235,210,859 gross assets in 15 funds Hedge funds $8,235,210,859 (15)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$7,484,663,000	Pooled investment vehicles (92%)
Dec 2025 to Mar 2026	$5,716,406,000	Pooled investment vehicles (90%)
Apr 2025 to Sep 2025	$5,716,406,000	Pooled investment vehicles (90%)
Apr 2024 to Mar 2025	$8,282,629,000	Pooled investment vehicles (89%)
May 2023 to Mar 2024	$8,108,462,000	Pooled investment vehicles (91%)
Apr 2023	$8,108,462,000	Pooled investment vehicles (91%)

4 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 37.0%, 43.8 effective positions, active share 82.9% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

102.0% over the last four quarters (100%+)

Horizon

Horizon unknown

The value-weighted holding period is at least 5.5 quarters, but 3.4% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 82.9%; sector active share 37.5% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

110 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

15.9%

−2.1 pts

Top 5

39.2%

+0.1 pts

Top 10

56.7%

−0.2 pts

HHI

513

Diversified−30

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Industrials	21.1%	$145,430,471	22
Healthcare	19.1%	$131,292,183	10
Technology	14.2%	$97,831,096	20
Consumer Cyclical	12.5%	$85,933,169	16
Communication Services	7.5%	$51,672,945	6
Financial Services	7.1%	$49,066,258	10
Unclassified	4.6%	$31,622,996	2
Consumer Defensive	3.8%	$26,349,250	5
Energy	3.8%	$26,103,192	7
Real Estate	3.5%	$23,886,004	5
Basic Materials	2.6%	$17,667,838	6
Utilities	0.2%	$1,223,483	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
CRGY	Crescent Energy Co	+148,098	235,098	$2,308,662
NEXN	Nexxen International Ltd.	+14,316	503,393	$4,545,638
PRM	Perimeter Solutions, Inc.	+13,664	43,576	$1,553,484
DCH	Dauch Corp	+5,000	465,000	$2,520,300
HTZ	Hertz Global Holdings, Inc	+4,729	204,729	$463,711
IBKR	Interactive Brokers Group, Inc.	+3,783	7,283	$633,912
GT	Goodyear Tire & Rubber Co	+3,000	229,000	$1,511,400
SNX	Td Synnex Corp	+2,678	9,117	$2,437,338
APG	APi Group Corp	+2,575	42,472	$1,798,689
COF	Capital One Financial Corp	+1,000	3,800	$762,356
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CZR	Caesars Entertainment, Inc.	−58,027	100,000	$3,018,000
CLMT	Calumet, Inc.	−41,666	17,868	$643,605
CLF	Cleveland-Cliffs Inc.	−40,186	279,814	$2,627,453
GLNG	Golar Lng Ltd	−22,667	6,000	$299,040
MGM	MGM Resorts International	−18,000	50,000	$2,390,500
ORLY	O Reilly Automotive Inc	−12,128	10,464	$963,629
CYH	Community Health Systems Inc	−12,000	89,000	$297,260
NBR	Nabors Industries Ltd	−9,500	21,500	$1,806,215
GOOGL	Alphabet Inc.	−4,440	5,425	$1,938,732
AMRZ	Amrize Ltd	−3,983	16,189	$862,873
AER	AerCap Holdings N.V.	−3,941	6,517	$950,048
UBER	Uber Technologies, Inc	−2,842	7,000	$505,120
ACM	Aecom	−2,220	7,704	$537,739
CASY	Caseys General Stores Inc	−2,214	1,224	$972,822
COR	Cencora, Inc.	−2,163	2,008	$568,223
CSX	Csx Corp	−2,129	14,904	$708,387
LINE	Lineage, Inc.	−2,000	6,000	$259,500
ROST	Ross Stores, Inc.	−1,956	2,601	$553,622
NVDA	Nvidia Corp	−1,940	3,546	$709,519
CNI	Canadian National Railway Co	−1,700	11,898	$1,418,717
MCK	Mckesson Corp	−1,664	750	$566,700
RBC	RBC Bearings INC	−1,457	1,223	$787,685
HEI	Heico Corp	−1,414	2,145	$764,027
EMN	Eastman Chemical Co	−1,226	8,585	$575,023
APTV	Aptiv PLC	−1,117	7,816	$479,746
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
MU	Micron Technology Inc	1,064	$1,228,164
KNX	Knight-Swift Transportation Holdings Inc.	15,494	$1,206,517
MA	Mastercard Inc	2,143	$1,100,644
AJG	Arthur J. Gallagher & Co.	4,737	$1,087,473
HPE	Hewlett Packard Enterprise Co	21,594	$974,105
GLW	Corning Inc	3,452	$881,744
DLR	Digital Realty Trust, Inc.	4,704	$844,744
JBHT	Hunt J B Transport Services Inc	2,907	$841,373
EWY	iShares Trust	3,819	$771,056
SNDK	Sandisk Corp	326	$741,235
AME	Ametek Inc	3,031	$733,320
FDXF	FedEx Freight Holding Company, Inc.	4,745	$716,495
HUBG	Hub Group, Inc.	15,916	$696,961
SAIA	Saia Inc	1,347	$567,302
APO	Apollo Global Management, Inc.	4,600	$544,226
ANAB	Anaptysbio, Inc	7,400	$499,500
ASML	Asml Holding NV	223	$443,645
INTC	Intel Corp	3,135	$437,740
EXPE	Expedia Group, Inc.	1,600	$409,408
AMD	Advanced Micro Devices Inc	676	$392,695
SGI	Somnigroup International Inc.	5,000	$392,000
ETN	Eaton Corp plc	834	$355,384
FIX	Comfort Systems USA Inc	165	$327,021
AVGO	Broadcom Inc.	861	$325,242
WDC	Western Digital Corp	489	$312,334
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
OGN	Organon & Co.	380,000	$2,276,200
MSFT	Microsoft Corp	5,697	$2,108,858
QXO	QXO, Inc.	97,052	$1,884,749
EXE	EXPAND ENERGY Corp	16,388	$1,799,074
MSI	Motorola Solutions, Inc.	3,939	$1,709,407
DECK	Deckers Outdoor Corp	17,000	$1,701,530
WTTR	Select Water Solutions, Inc.	96,870	$1,482,111
TJX	Tjx Companies Inc	9,232	$1,474,350
TDG	TransDigm Group INC	1,145	$1,327,009
SPOT	Spotify Technology S.A.	2,675	$1,297,134
SW	Smurfit Westrock plc	32,500	$1,295,125
LUV	Southwest Airlines Co	34,363	$1,291,017
FIVE	Five Below, Inc	5,366	$1,226,023
BSX	Boston Scientific Corp	19,398	$1,217,224
ZGN	Ermenegildo Zegna N.V.	115,000	$1,198,300
PGR	Progressive Corp	6,012	$1,191,818
GM	General Motors Co	14,868	$1,107,666
PHM	Pultegroup Inc	8,753	$1,029,440
OXY	Occidental Petroleum Corp	14,933	$970,645
OSIS	Osi Systems Inc	3,603	$956,632
MHK	Mohawk Industries Inc	9,676	$952,698
RTX	RTX Corp	4,859	$937,301
VG	Venture Global, Inc.	54,214	$854,412
BNO	United States Brent Oil Fund, LP	16,413	$853,640
ODFL	Old Dominion Freight Line, Inc.	4,285	$837,289
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

110 tracked positions · $688,078,885 total · filing declares 142 positions · $726,896,383 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 110 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAL	American Airlines Group Inc. PUT Industrials	Held	6,060,100	0	$109,506,007	+68.2%	—	—	15.91%
AAPL	Apple Inc. PUT + SHARES Technology	Reduced	202,000	-384	$58,450,720	+13.8%	3	$268.38	8.49%
RIVN	Rivian Automotive, Inc. PUT CALL Consumer Cyclical	Reduced	2,150,000	-413,980	$37,302,500	−3.3%	—	—	5.42%
BMY	Bristol Myers Squibb Co PUT CALL Healthcare	Held	575,000	0	$33,131,500	−5.0%	—	—	4.82%
TLT	iShares 20+ Year Treasury Bond ETF PUT	Reduced	357,000	-60,000	$30,851,940	−14.7%	—	—	4.48%
GILD	Gilead Sciences, Inc. PUT CALL Healthcare	Reduced	230,000	-1,958	$29,058,200	−10.1%	—	—	4.22%
CMCSA	Comcast Corp CALL Communication Services	Reduced	1,050,000	-11,297	$25,777,500	−15.4%	—	—	3.75%
MRK	Merck & Co., Inc. PUT CALL Healthcare	Held	185,000	0	$23,772,500	+6.8%	—	—	3.45%
BAC	Bank Of America Corp PUT CALL Financial Services	Added	380,000	+180,000	$21,652,400	+122.1%	—	—	3.15%
BHC	Bausch Health Companies Inc. PUT Healthcare	Added	4,000,000	+3,334,000	$19,720,000	+448.3%	—	—	2.87%
MET	Metlife Inc PUT CALL Financial Services	Held	200,000	0	$16,922,000	+19.6%	—	—	2.46%
PFE	Pfizer Inc CALL Healthcare	Held	660,000	0	$15,892,800	−14.2%	—	—	2.31%
KMI	Kinder Morgan, Inc. PUT CALL Energy	Held	480,000	0	$15,345,600	−4.7%	—	—	2.23%
CSCO	Cisco Systems, Inc. PUT CALL Technology	Held	120,000	0	$14,095,200	+51.4%	—	—	2.05%
F	Ford Motor Co PUT Consumer Cyclical	Added	1,000,000	+978,969	$13,900,000	+5627.3%	—	—	2.02%
SPG	Simon Property Group Inc. CALL Real Estate	Reduced	60,000	-1,702	$13,419,000	+16.6%	—	—	1.95%
TGT	Target Corp PUT CALL Consumer Defensive	Held	90,000	0	$11,754,900	+7.8%	—	—	1.71%
DIS	Walt Disney Co PUT CALL Communication Services	Held	107,500	0	$10,346,875	−0.1%	—	—	1.50%
FCX	Freeport-Mcmoran Inc PUT CALL Basic Materials	Held	150,000	0	$9,433,500	+7.0%	—	—	1.37%
NCLH	Norwegian Cruise Line Holdings Ltd. CALL Consumer Cyclical	Held	400,000	0	$8,444,000	+12.9%	—	—	1.23%
OGN	Organon & Co. PUT CALL Healthcare	Added	575,000	+5,000	$7,785,500	+128.0%	—	—	1.13%
CZR	Caesars Entertainment, Inc. CALL + SHARES Consumer Cyclical	Reduced	252,000	-38,027	$7,605,360	−0.8%	13	$34.11	1.11%
FDX	Fedex Corp CALL + SHARES Industrials	Reduced	23,916	-559	$7,488,817	−14.1%	5	unpriced	1.09%
COMP	Compass, Inc. CALL Real Estate	Held	572,000	0	$7,052,760	+68.7%	—	—	1.02%
CAG	Conagra Brands Inc. CALL Consumer Defensive	Reduced	500,000	-21,069	$6,730,000	−17.8%	—	—	0.98%
PGY	Pagaya Technologies Ltd. PUT Technology	Held	360,000	0	$6,570,000	+56.7%	—	—	0.95%
VZ	Verizon Communications Inc PUT Communication Services	Reduced	150,000	-50,000	$6,351,000	−36.7%	—	—	0.92%
HTZ	Hertz Global Holdings, Inc PUT CALL + SHARES Industrials	Added	2,554,729	+54,729	$5,786,461	−49.8%	2	$4.85	0.84%
PRU	Prudential Financial Inc PUT Financial Services	Held	50,000	0	$5,396,500	+10.5%	—	—	0.78%
UPS	United Parcel Service Inc CALL Industrials	Held	50,000	0	$5,375,000	+9.3%	—	—	0.78%
HLF	Herbalife Ltd. CALL Consumer Defensive	Held	402,500	0	$5,292,875	−10.7%	—	—	0.77%
MGM	MGM Resorts International PUT CALL + SHARES Consumer Cyclical	Reduced	110,000	-8,000	$5,259,100	+20.4%	8	$36.71	0.76%
CLF	Cleveland-Cliffs Inc. PUT CALL + SHARES Basic Materials	Reduced	489,814	-40,186	$4,599,353	+2.7%	9	$12.65	0.67%
NEXN	Nexxen International Ltd. Communication Services	Added	503,393	+14,316	$4,545,638	+42.6%	6	$6.74	0.66%
SLB	Slb Limited PUT CALL + SHARES Energy	Held	72,000	0	$3,347,280	−9.5%	7	$38.64	0.49%
KSS	KOHLS Corp PUT Consumer Cyclical	Held	180,000	0	$3,189,600	+37.4%	—	—	0.46%
NBR	Nabors Industries Ltd PUT + SHARES Energy	Reduced	36,500	-9,100	$3,066,365	−21.9%	14	$63.85	0.45%
DCH	Dauch Corp PUT + SHARES Consumer Cyclical	Reduced	565,000	-35,000	$3,062,300	−13.9%	26+	before history	0.45%
NFLX	Netflix Inc CALL + SHARES Communication Services	Held	38,000	0	$2,713,200	−25.7%	2	$88.11	0.39%
MSFT	Microsoft Corp CALL Technology	Reduced	7,000	-5,697	$2,611,140	−44.4%	—	—	0.38%
IBM	International Business Machines Corp PUT Technology	Reduced	8,700	-8,800	$2,446,527	−42.3%	—	—	0.36%
SNX	Td Synnex Corp Technology	Added	9,117	+2,678	$2,437,338	+124.4%	5	$167.85	0.35%
MPT	Medical Properties Trust Inc PUT Real Estate	Held	500,000	0	$2,310,000	−0.2%	—	—	0.34%
CRGY	Crescent Energy Co Energy	Added	235,098	+148,098	$2,308,662	+96.6%	3	$10.95	0.34%
ADM	Archer-Daniels-Midland Co PUT Consumer Defensive	Held	30,000	0	$2,292,000	+5.1%	—	—	0.33%
CAR	Avis Budget Group, Inc. PUT Industrials	Reduced	15,000	-230,000	$2,217,450	−93.8%	—	—	0.32%
XRX	Xerox Holdings Corp PUT + SHARES Industrials	Held	700,000	0	$2,191,000	+142.6%	4	$2.50	0.32%
MSTR	Strategy Inc CALL Technology	Held	25,100	0	$2,181,943	−30.3%	—	—	0.32%
GT	Goodyear Tire & Rubber Co PUT + SHARES Consumer Cyclical	Added	329,000	+3,000	$2,171,400	+0.5%	10	$10.00	0.32%
GOOGL	Alphabet Inc. Communication Services	Reduced	5,425	-4,440	$1,938,732	−31.7%	7	$175.53	0.28%

Showing the top 50 of 110 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.