Cavalier Investments, LLC

CIK

1655543

Location

ALPHARETTA, GA

Portfolio Value

Mid $1,558,809,891

Diversification

Highly concentrated

Filing Date

Global Rank

#1,487 / 8,517 ▼ 587

Top Industry

Semiconductors 45.8%

3Y Alpha vs SPY

+74.8%

Period ended 48 days ago

Filed Aug 14, 2026 · 3d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Not a measure of this manager's performance. Most of Cavalier Investments, LLC's reported book is option positions, which a stock-only clone cannot replicate. The figures below are the return of the 79% that is ordinary stock — as little as 5% in one quarter — so a manager whose options thesis lost money can still show a large gain here.

Cloned portfolio

+665.9%

SPY

+77.9%

Annualised alpha

+75.9%

Max drawdown

−36.7%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 79% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

44.3%

−3.4 pts

Top 5

94.4%

+7.0 pts

Top 10

99.3%

+5.7 pts

HHI

3,793

Highly concentrated+464

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	90.3%	$1,408,294,960	7
Technology	6.2%	$95,869,316	4
Industrials	1.8%	$28,330,615	3
Consumer Cyclical	1.6%	$25,236,000	1
Basic Materials	0.1%	$1,079,000	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
HWM	Howmet Aerospace Inc.	+28,453	83,451	$22,436,635
MSTR	Strategy Inc	+13,330	64,797	$5,632,803
No positions match the current search.

Trimmed

Positions the filer reduced

14 positions

Ticker	Company	Δ Shares	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	−1,714,614	938,530	$691,133,492
SPY	Spdr S&P 500 ETF Trust	−693,041	884,638	$660,621,119
IBIT	iShares Bitcoin Trust ETF	−631,958	234,232	$7,797,583
SLV	iShares Silver Trust	−361,426	11,846	$633,405
RGTI	Rigetti Computing, Inc.	−350,000	50,000	$966,000
USO	United States Oil Fund, LP	−344,631	25,200	$2,682,288
RKLB	Rocket Lab Corp	−323,012	1,988	$202,080
WDC	Western Digital Corp	−165,010	31,800	$20,311,296
GLD	Spdr Gold Trust	−158,643	67,482	$24,859,019
USAR	USA Rare Earth, Inc.	−100,000	50,000	$1,079,000
NVDA	Nvidia Corp	−78,770	344,641	$68,959,217
RTX	RTX Corp	−40,650	30,000	$5,691,900
TSLA	Tesla, Inc.	−40,000	60,000	$25,236,000
XLB	State Street Materials Select Sector SPDR ETF	−10,988	404,644	$20,568,054
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

19 positions

Ticker	Company	Shares	Value
JPM	Jpmorgan Chase & Co	258,249	$75,966,525
KLAC	Kla Corp	19,704	$29,012,366
LRCX	Lam Research Corp	132,878	$28,390,713
PLTR	Palantir Technologies Inc.	103,310	$15,112,186
AVAV	AeroVironment Inc	55,000	$10,067,750
BMY	Bristol Myers Squibb Co	150,000	$9,097,500
IONQ	IonQ, Inc.	300,000	$8,649,000
NVO	Novo Nordisk A S	125,000	$4,593,750
T	At&T Inc.	121,470	$3,521,415
ALB	Albemarle Corp	18,160	$3,260,264
AAPL	Apple Inc.	12,245	$3,107,658
FCX	Freeport-Mcmoran Inc	48,440	$2,847,303
CBOE	Cboe Global Markets, Inc.	9,444	$2,654,425
SMCI	Super Micro Computer, Inc.	100,000	$2,277,000
NEM	NEWMONT Corp /DE/	14,915	$1,614,548
AROC	Archrock, Inc.	31,932	$1,111,233
LLY	ELI LILLY & Co	966	$888,497
META	Meta Platforms, Inc.	1,342	$767,798
IESC	IES Holdings, Inc.	5,560	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

16 tracked positions · $1,558,809,891 total · filing declares 70 positions · $2,407,465,507 · as of Jun 30, 2026

All sectors Basic Materials Consumer Cyclical Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1 PUT CALL + SHARES	Reduced	938,530	-1,714,614	$691,133,492	−54.9%	44.34%
SPY	Spdr S&P 500 ETF Trust PUT CALL + SHARES	Reduced	884,638	-693,041	$660,621,119	−35.6%	42.38%
NVDA	Nvidia Corp PUT CALL + SHARES Technology	Reduced	344,641	-78,770	$68,959,217	−6.6%	4.42%
TSLA	Tesla, Inc. CALL Consumer Cyclical	Reduced	60,000	-40,000	$25,236,000	−32.1%	1.62%
GLD	Spdr Gold Trust PUT CALL + SHARES	Reduced	67,482	-158,643	$24,859,019	−74.5%	1.59%
HWM	Howmet Aerospace Inc. PUT + SHARES Industrials	Added	83,451	+28,453	$22,436,635	+77.0%	1.44%
XLB	State Street Materials Select Sector SPDR ETF CALL + SHARES	Reduced	404,644	-10,988	$20,568,054	−1.0%	1.32%
WDC	Western Digital Corp CALL Technology	Reduced	31,800	-165,010	$20,311,296	−61.8%	1.30%
IBIT	iShares Bitcoin Trust ETF PUT + SHARES	Reduced	234,232	-631,958	$7,797,583	−76.6%	0.50%
RTX	RTX Corp CALL Industrials	Reduced	30,000	-40,650	$5,691,900	−58.2%	0.37%
MSTR	Strategy Inc PUT + SHARES Technology	Added	64,797	+13,330	$5,632,803	−12.3%	0.36%
USO	United States Oil Fund, LP CALL	Reduced	25,200	-344,631	$2,682,288	−94.3%	0.17%
USAR	USA Rare Earth, Inc. CALL Basic Materials	Reduced	50,000	-100,000	$1,079,000	−52.5%	0.07%
RGTI	Rigetti Computing, Inc. CALL Technology	Reduced	50,000	-350,000	$966,000	−82.8%	0.06%
SLV	iShares Silver Trust	Reduced	11,846	-361,426	$633,405	−97.5%	0.04%
RKLB	Rocket Lab Corp Industrials	Reduced	1,988	-323,012	$202,080	−99.0%	0.01%

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.