Vivaldi Capital Management LP

Exempt adviser

CIK

1682021

Location

CHICAGO, IL

Portfolio Value

Small $720,048,553

Diversification

Diversified

Filing Date

Global Rank

#2,860 / 8,827 ▼ 12 · as of Mar 2026

Top Industry

Semiconductors 11.0%

Period ended 7 months ago

Filed May 14, 2026 · 6mo

25 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

Exempt adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 160150

Roster of Nov 1, 2026

Private funds

8 funds · Hedge funds

Focus by gross assets, Schedule D of Nov 15, 2024

$63,372,249 gross assets

LEI

254900F9UWKBJ6S4OQ22

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

As filed Nov 15, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$34,025,502 gross assets in 1 fund Hedge funds $34,025,502 (1)

Form ADV history

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

Rosters	Regulatory AUM	Main clients
Sep 2026 to Nov 2026	—	—
Apr 2026 to Jul 2026	$5,641,138,588	Individuals and high net worth (94%)
Apr 2025 to Mar 2026	$4,647,085,822	Individuals and high net worth (97%)
Apr 2024 to Mar 2025	$3,727,839,086	Individuals and high net worth (97%)
May 2023 to Mar 2024	$3,332,020,054	Individuals and high net worth (96%)
Apr 2023	$3,332,020,054	Individuals and high net worth (96%)

5 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 46.2%, 31.6 effective positions, active share 65.5% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

15.7% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 17.9 quarters (12+), a floor since 54.5% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 65.5%; sector active share 33.5% against the combined 13F book's sector weights.

Over time 25 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

281 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

9.9%

+0.3 pts

Top 5

30.3%

+0.7 pts

Top 10

46.2%

+1.4 pts

HHI

316

Diversified+12

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	46.6%	$335,374,865	135
Technology	16.6%	$119,499,454	25
Financial Services	8.6%	$61,993,984	34
Healthcare	8.3%	$60,093,011	20
Communication Services	5.2%	$37,731,038	9
Consumer Cyclical	5.1%	$37,054,753	8
Industrials	4.5%	$32,563,198	17
Consumer Defensive	1.9%	$13,977,746	8
Basic Materials	1.1%	$7,629,409	9
Real Estate	0.9%	$6,249,001	6
Energy	0.8%	$5,674,445	5
Utilities	0.3%	$2,207,649	5

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	+74,457	515,727	$23,542,937
GALT	Galectin Therapeutics Inc	+54,514	258,584	$721,449
MUC	Blackrock Muniholdings California Quality Fund, Inc.	+45,276	68,301	$710,330
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	+27,619	362,979	$27,782,412
ARKB	Ark 21Shares Bitcoin ETF	+26,438	57,188	$1,286,158
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	+21,304	111,237	$5,218,127
—		+19,157	172,345	$8,327,710
—		+15,325	147,193	$3,513,496
SPMD	State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF	+14,736	147,263	$8,720,914
SCHD	Schwab U.S. Dividend Equity ETF	+14,521	28,341	$869,501
GBIL	Goldman Sachs ETF Trust	+14,307	174,028	$17,435,865
SCHO	Schwab Short-Term U.S. Treasury ETF	+12,576	555,616	$13,484,800
KRMD	KORU Medical Systems, Inc.	+10,172	29,885	$129,103
IBIT	iShares Bitcoin Trust ETF	+9,840	14,096	$541,568
SCHX	Schwab U.S. Large-Cap ETF	+9,339	552,463	$14,165,151
LMBS	First Trust Low Duration Opportunities ETF	+9,259	120,305	$5,992,392
SCHH	Schwab U.S. REIT ETF	+6,300	111,181	$2,389,279
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	+3,581	21,524	$2,860,539
SCHF	Schwab International Equity ETF	+3,267	506,326	$12,531,568
DHS	WisdomTree U.S. High Dividend Fund	+2,336	5,383	$587,931
FTXH	First Trust Nasdaq Pharmaceuticals ETF	+1,741	12,590	$432,567
ACWI	iShares MSCI ACWI ETF	+1,557	39,054	$5,403,901
EBIZ	Global X E-commerce ETF	+1,461	18,546	$496,365
SCHM	Schwab U.S. Mid-Cap ETF	+1,373	131,751	$4,079,010
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	+1,355	3,699	$403,117
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PSBD	Palmer Square Capital BDC Inc.	−47,560	167,776	$1,639,171
ALM	Almonty Industries Inc.	−34,794	48,606	$703,814
SLV	iShares Silver Trust	−30,452	255,271	$17,394,165
BWA	Borgwarner Inc	−25,403	343,010	$18,611,722
FBTC	Fidelity Wise Origin Bitcoin Fund	−16,376	21,484	$1,268,200
SCHW	Schwab Charles Corp	−12,408	159,402	$14,980,599
META	Meta Platforms, Inc.	−10,121	4,079	$2,333,718
MDT	Medtronic plc	−9,866	147,393	$12,771,603
BNY	Bank of New York Mellon Corp	−9,344	153,489	$18,208,400
NAK	Northern Dynasty Minerals Ltd	−9,000	20,000	$28,000
RHI	Robert Half Inc.	−8,076	110,964	$2,818,485
CVS	CVS HEALTH Corp	−7,752	91,700	$6,585,894
T	At&T Inc.	−6,668	90,611	$2,626,812
AMAT	Applied Materials Inc	−5,956	82,664	$28,253,728
AOMR	Angel Oak Mortgage REIT, Inc.	−5,492	113,287	$931,219
MRVL	Marvell Technology, Inc.	−5,107	87,606	$8,677,374
IAU	Ishares Gold Trust	−5,017	115,195	$10,155,591
AUSM	Allspring Ultra Short Municipal ETF	−4,760	15,040	$376,752
ON	On Semiconductor Corp	−4,047	129,197	$7,999,878
GLPI	Gaming & Leisure Properties, Inc.	−4,000	96,128	$4,265,199
AAPL	Apple Inc.	−3,381	147,173	$37,351,035
—		−3,378	81,675	$2,383,276
HALO	Halozyme Therapeutics, Inc.	−3,190	24,499	$1,583,370
FNDF	Schwab Fundamental International Equity ETF	−3,122	76,923	$3,763,842
AAAU	Goldman Sachs Physical Gold ETF	−3,030	85,089	$3,930,260
No positions match the current search.

New Positions

Positions the filer opened this quarter

16 positions

Ticker	Company	Shares	Value
FIGR	Figure Technology Solutions, Inc.	15,894	$539,601
GRNJ	Fundstrat Granny Shots US Small- & Mid-Cap ETF	16,690	$417,416
IGV	iShares Expanded Tech-Software Sector ETF	4,805	$384,640
SHY	iShares 1-3 Year Treasury Bond ETF	4,176	$344,812
GLW	Corning Inc	2,308	$313,818
GEV	GE Vernova Inc.	343	$299,404
INTC	Intel Corp	6,026	$265,927
PFE	Pfizer Inc	8,331	$233,934
VZ	Verizon Communications Inc	4,625	$232,175
RSPG	Victory Portfolios II	2,089	$228,682
LWAY	Lifeway Foods, Inc.	11,008	$212,894
LIN	Linde PLC	422	$209,210
VDE	VANGUARD ENERGY INDEX FUND	1,189	$205,744
IWS	iShares Russell Mid-Cap Value ETF	1,405	$204,764
APA	APA Corp	4,784	$203,032
FLAU	Franklin FTSE Australia ETF	6,125	$201,592
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
GDXJ	VanEck Junior Gold Miners ETF	2,540	$289,001
ADBE	Adobe Inc.	737	$257,942
MET	Metlife Inc	3,118	$246,134
ADP	Automatic Data Processing Inc	949	$244,111
—		5,051	$242,397
CRM	Salesforce, Inc.	872	$231,001
NCLH	Norwegian Cruise Line Holdings Ltd.	10,232	$228,378
BSX	Boston Scientific Corp	2,311	$220,353
ISRG	Intuitive Surgical Inc	380	$215,216
CRWD	CrowdStrike Holdings, Inc.	459	$215,160
HOOD	Robinhood Markets, Inc.	1,858	$210,139
BN	BROOKFIELD Corp	4,430	$203,292
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

281 tracked positions · $720,048,553 total · filing declares 290 positions · $723,498,029 · as of Mar 31, 2026

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

Showing 1–50 of 281 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	147,173	-3,381	$37,351,035	−8.7%	25+	before history	5.19%
AMAT	Applied Materials Inc Technology	Reduced	82,664	-5,956	$28,253,728	+24.1%	6	$181.23	3.92%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	Added	362,979	+27,619	$27,782,412	+3.3%	25+	before history	3.86%
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	Added	515,727	+74,457	$23,542,937	+20.1%	25+	before history	3.27%
NVDA	Nvidia Corp CALL + SHARES Technology	Reduced	119,826	-659	$20,897,654	−7.0%	25+	before history	2.90%
GOOGL	Alphabet Inc. Communication Services	Reduced	69,033	-2,934	$19,851,129	−11.9%	25+	before history	2.76%
BWA	Borgwarner Inc Consumer Cyclical	Reduced	343,010	-25,403	$18,611,722	+12.1%	6	$33.99	2.58%
BNY	Bank of New York Mellon Corp Financial Services	Reduced	153,489	-9,344	$18,208,400	−3.7%	22	$76.54	2.53%
GBIL	Goldman Sachs ETF Trust	Added	174,028	+14,307	$17,435,865	+9.2%	5	$100.03	2.42%
SLV	iShares Silver Trust	Reduced	255,271	-30,452	$17,394,165	−5.5%	6	$28.57	2.42%
AMGN	Amgen Inc Healthcare	Reduced	46,681	-2,315	$16,424,709	+2.4%	25+	before history	2.28%
SCHW	Schwab Charles Corp Financial Services	Reduced	159,402	-12,408	$14,980,599	−12.7%	6	$74.85	2.08%
SCHX	Schwab U.S. Large-Cap ETF	Added	552,463	+9,339	$14,165,151	−3.1%	25+	before history	1.97%
SCHO	Schwab Short-Term U.S. Treasury ETF	Added	555,616	+12,576	$13,484,800	+1.9%	25+	before history	1.87%
MDT	Medtronic plc Healthcare	Reduced	147,393	-9,866	$12,771,603	−15.5%	6	$86.57	1.77%
SCHF	Schwab International Equity ETF	Added	506,326	+3,267	$12,531,568	+3.6%	25+	before history	1.74%
SPY	Spdr S&P 500 ETF Trust	Reduced	16,945	-324	$11,020,011	−6.4%	25+	before history	1.53%
IAU	Ishares Gold Trust	Reduced	115,195	-5,017	$10,155,591	+4.1%	25+	before history	1.41%
GLD	Spdr Gold Trust	Added	21,706	+649	$9,339,874	+11.9%	25+	before history	1.30%
CAT	Caterpillar Inc Industrials	Reduced	12,551	-446	$8,891,881	+19.4%	7	$386.29	1.23%
LLY	ELI LILLY & Co Healthcare	Reduced	9,656	-79	$8,881,299	−15.1%	24	$692.27	1.23%
SPMD	State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF	Added	147,263	+14,736	$8,720,914	+13.6%	25+	before history	1.21%
MRVL	Marvell Technology, Inc. Technology	Reduced	87,606	-5,107	$8,677,374	+10.1%	4	$64.54	1.21%
		Added	172,345	+19,157	$8,327,710	+16.0%	25+	before history	1.16%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	21,736	-27	$8,080,358	−17.4%	25+	before history	1.12%
ON	On Semiconductor Corp CALL + SHARES Technology	Reduced	129,297	-3,947	$8,006,070	+11.0%	6	$67.77	1.11%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	24,353	-626	$7,812,685	−6.7%	25+	before history	1.09%
DVY	iShares Select Dividend ETF	Added	45,668	+7	$6,914,591	+7.3%	25+	before history	0.96%
SCHA	Schwab U.S. Small-Cap ETF	Reduced	237,413	-198	$6,903,970	+2.0%	25+	before history	0.96%
DE	Deere & Co Industrials	Reduced	12,106	-530	$6,819,309	+15.9%	14	$421.01	0.95%
MSFT	Microsoft Corp Technology	Reduced	18,144	-732	$6,716,364	−26.4%	25+	before history	0.93%
CVS	CVS HEALTH Corp Healthcare	Reduced	91,700	-7,752	$6,585,894	−16.6%	6	$56.10	0.91%
PEP	Pepsico Inc Consumer Defensive	Added	40,151	+223	$6,235,048	+8.8%	25+	before history	0.87%
	CALL + SHARES	Reduced	222,541	-1,630	$6,110,975	−5.4%	6	$9.29	0.85%
LMBS	First Trust Low Duration Opportunities ETF	Added	120,305	+9,259	$5,992,392	+7.9%	21	$49.93	0.83%
V	Visa Inc. Financial Services	Reduced	19,317	-631	$5,838,370	−16.5%	25+	before history	0.81%
ZBH	Zimmer Biomet Holdings, Inc. Healthcare	Reduced	63,540	-663	$5,745,286	−0.5%	6	$107.08	0.80%
SCHB	Schwab U.S. Broad Market ETF	Reduced	228,098	-1,782	$5,725,259	−5.0%	25+	before history	0.80%
ACWI	iShares MSCI ACWI ETF	Added	39,054	+1,557	$5,403,901	+1.9%	25+	before history	0.75%
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	Added	111,237	+21,304	$5,218,127	+24.0%	25+	before history	0.72%
VTV	VANGUARD VALUE INDEX FUND	Reduced	25,764	-585	$5,054,896	+0.4%	17	unpriced	0.70%
NUE	Nucor Corp CALL + SHARES Basic Materials	Reduced	29,811	-519	$5,041,040	+1.9%	6	$143.85	0.70%
GOOG	Alphabet Inc. Communication Services	Reduced	17,111	-280	$4,908,461	−10.1%	25+	before history	0.68%
IVV	iShares Core S&P 500 ETF	Reduced	7,340	-66	$4,794,561	−5.5%	25+	before history	0.67%
UPS	United Parcel Service Inc CALL + SHARES Industrials	Reduced	47,999	-1,997	$4,722,141	−4.8%	6	$131.61	0.66%
AMZN	Amazon Com Inc CALL + SHARES Consumer Cyclical	Added	21,151	+139	$4,405,118	−9.2%	25+	before history	0.61%
GLPI	Gaming & Leisure Properties, Inc. Real Estate	Reduced	96,128	-4,000	$4,265,199	−4.7%	25+	before history	0.59%
SCHE	Schwab Emerging Markets Equity ETF	Added	126,019	+1,076	$4,152,326	+1.5%	25+	before history	0.58%
SCHM	Schwab U.S. Mid-Cap ETF	Added	131,751	+1,373	$4,079,010	+4.0%	25+	before history	0.57%
VOO	VANGUARD 500 INDEX FUND	Added	6,675	+88	$3,988,646	−3.4%	25+	before history	0.55%

Showing the top 50 of 281 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.