QVR LLC

CIK

1718858

Location

San Francisco, CA

Portfolio Value

Mid $2,490,711,185

Diversification

Moderately concentrated

Filing Date

Global Rank

#1,081 / 8,702 ▲ 168 · as of Mar 2026

Top Industry

Internet Content & Information 34.0%

3Y Alpha vs SPY

-3.4%

Period ended 5 months ago

Filed Apr 15, 2026 · 4mo

22 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 QVR LLC's reported book is option positions, which a stock-only clone cannot replicate. The figures below are the return of the 37% that is ordinary stock — as little as 0% in one quarter — so a manager whose options thesis lost money can still show a large gain here.

Cloned portfolio

+63.3%

SPY

+76.2%

Annualised alpha

-3.0%

Max drawdown

−19.0%

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 37% of reported value on average across 9 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

24.0%

+3.5 pts

Top 5

79.9%

+2.9 pts

Top 10

95.9%

−1.0 pts

HHI

1,513

Moderately concentrated+90

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Communication Services	34.1%	$849,530,594	6
Consumer Cyclical	31.3%	$779,691,316	7
Technology	29.9%	$745,186,321	22
Unclassified	1.3%	$32,668,388	1
Energy	1.2%	$29,451,551	3
Healthcare	0.8%	$18,994,400	16
Financial Services	0.5%	$13,603,614	13
Consumer Defensive	0.4%	$10,461,643	6
Industrials	0.3%	$7,674,618	9
Basic Materials	0.1%	$2,031,624	1
Utilities	0.0%	$777,219	1
Real Estate	0.0%	$639,897	2

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
TSLA	Tesla, Inc.	+700,457	1,606,751	$597,309,684
GOOGL	Alphabet Inc.	+538,505	1,627,828	$467,220,056
META	Meta Platforms, Inc.	+413,249	643,367	$368,089,561
AMZN	Amazon Com Inc	+153,285	860,346	$179,184,261
XOM	ExxonMobil Holdings Corp	+96,818	106,974	$18,149,208
PLTR	Palantir Technologies Inc.	+95,553	1,088,000	$159,152,640
NFLX	Netflix Inc	+43,784	53,184	$5,113,641
AAPL	Apple Inc.	+36,000	38,900	$9,872,431
CVX	Chevron Corp	+34,491	37,328	$7,723,163
BAC	Bank Of America Corp /De/	+34,055	41,800	$2,037,750
NVDA	Nvidia Corp	+28,314	2,068,324	$360,715,705
COP	Conocophillips	+24,102	27,115	$3,579,180
WMT	Walmart Inc.	+14,289	16,178	$2,010,601
JNJ	Johnson & Johnson	+10,172	23,276	$5,689,585
MSFT	Microsoft Corp	+7,600	11,600	$4,293,972
AMAT	Applied Materials Inc /De	+6,377	8,156	$2,787,639
GILD	Gilead Sciences, Inc.	+3,852	5,922	$825,349
BRK-B	Berkshire Hathaway Inc	+3,025	4,800	$2,300,160
TJX	Tjx Companies Inc /De/	+2,874	4,182	$667,865
JPM	Jpmorgan Chase & Co	+2,654	8,100	$2,382,696
LOW	Lowes Companies Inc	+2,100	3,200	$756,096
CAT	Caterpillar Inc	+1,498	2,698	$1,911,425
LIN	Linde PLC	+1,277	4,098	$2,031,624
TMO	Thermo Fisher Scientific Inc.	+1,152	2,000	$983,060
DHR	Danaher Corp /De/	+674	2,300	$436,080
No positions match the current search.

Trimmed

Positions the filer reduced

21 positions

Ticker	Company	Δ Shares	Shares	Value
AMD	Advanced Micro Devices Inc	−75,944	965,029	$196,315,849
MU	Micron Technology Inc	−11,288	4,076	$1,377,035
LLY	ELI LILLY & Co	−10,377	700	$643,839
RTX	RTX Corp	−9,094	1,218	$234,952
SCHW	Schwab Charles Corp	−7,882	3,900	$366,522
MRK	Merck & Co., Inc.	−7,432	23,315	$2,804,561
DIS	Walt Disney Co	−5,925	3,800	$366,244
CRM	Salesforce, Inc.	−5,909	1,100	$205,337
BMY	Bristol Myers Squibb Co	−4,809	12,811	$776,987
C	Citigroup Inc	−4,785	3,800	$430,958
AVGO	Broadcom Inc.	−4,300	5,000	$1,547,550
V	Visa Inc.	−3,487	6,400	$1,934,336
MS	Morgan Stanley	−2,545	1,400	$230,398
GE	General Electric Co	−2,366	4,000	$1,135,080
PM	Philip Morris International Inc.	−1,892	6,600	$1,091,244
CB	Chubb Ltd	−1,412	776	$252,921
ABBV	AbbVie Inc.	−1,205	2,600	$565,474
WFC	Wells Fargo & Company/Mn	−982	14,600	$1,162,306
MA	Mastercard Inc	−731	1,600	$799,456
ADBE	Adobe Inc.	−184	900	$218,772
ADI	Analog Devices Inc	−84	2,000	$636,280
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	56,600	$32,668,388
VZ	Verizon Communications Inc	109,592	$5,501,518
T	At&T Inc.	111,748	$3,239,574
COST	Costco Wholesale Corp /New	3,130	$3,118,825
PG	PROCTER & GAMBLE Co	15,900	$2,296,596
UNH	Unitedhealth Group Inc	6,300	$1,704,717
GEV	GE Vernova Inc.	1,940	$1,693,426
IBM	International Business Machines Corp	4,600	$1,114,994
MDT	Medtronic plc	12,400	$1,074,460
KO	Coca Cola Co	13,928	$1,059,224
ACN	Accenture plc	4,900	$971,621
ABT	Abbott Laboratories	9,400	$965,098
CSCO	Cisco Systems, Inc.	12,100	$938,839
PEP	Pepsico Inc	5,700	$885,153
DE	Deere & Co	1,567	$882,691
INTU	Intuit Inc.	2,000	$864,760
HD	Home Depot, Inc.	2,600	$855,114
TXN	Texas Instruments Inc	4,300	$834,802
INTC	Intel Corp	17,736	$782,689
NEE	Nextera Energy Inc	8,368	$777,219
AXP	American Express Co	2,400	$725,952
SYK	Stryker Corp	2,100	$690,039
BSX	Boston Scientific Corp	9,300	$583,575
PANW	Palo Alto Networks Inc	3,240	$519,436
PFE	Pfizer Inc	17,922	$503,249
No positions match the current search.

Sold Out

Positions the filer fully exited

16 positions

Ticker	Company	Shares	Value
GLD	Spdr Gold Trust	137,591	$54,528,689
SPY	Spdr S&P 500 ETF Trust	23,000	$15,684,160
SLV	iShares Silver Trust	50,000	$3,221,000
LRCX	Lam Research Corp	8,417	$1,440,822
AGQ	ProShares Trust II	25,001	$1,384,555
BA	Boeing Co	6,319	$1,371,981
BTAL	AGF U.S. Market Neutral Anti-Beta Fund	86,018	$1,237,799
COF	Capital One Financial Corp	3,295	$798,576
ISRG	Intuitive Surgical Inc	863	$488,768
GS	Goldman Sachs Group Inc	492	$432,468
ICE	Intercontinental Exchange, Inc.	2,328	$377,042
JEF	Jefferies Financial Group Inc.	5,000	$309,850
VRTX	Vertex Pharmaceuticals Inc / Ma	653	$296,044
PGR	Progressive Corp/Oh/	1,100	$250,492
LMT	Lockheed Martin Corp	479	$231,677
SLB	Slb Limited/Nv	6,000	$230,280
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

87 tracked positions · $2,490,711,185 total · filing declares 155 positions · $2,490,605,649 · 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 87 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TSLA	Tesla, Inc. PUT CALL + SHARES Consumer Cyclical	Added	1,606,751	+700,457	$597,309,684	+46.6%	23.98%
GOOGL	Alphabet Inc. PUT CALL + SHARES Communication Services	Added	1,627,828	+538,505	$467,220,056	+36.8%	18.76%
META	Meta Platforms, Inc. PUT CALL + SHARES Communication Services	Added	643,367	+413,249	$368,089,561	+142.3%	14.78%
NVDA	Nvidia Corp PUT CALL + SHARES Technology	Added	2,068,324	+28,314	$360,715,705	−5.2%	14.48%
AMD	Advanced Micro Devices Inc PUT CALL + SHARES Technology	Reduced	965,029	-75,944	$196,315,849	−11.9%	7.88%
AMZN	Amazon Com Inc PUT CALL + SHARES Consumer Cyclical	Added	860,346	+153,285	$179,184,261	+9.8%	7.19%
PLTR	Palantir Technologies Inc. PUT CALL Technology	Added	1,088,000	+95,553	$159,152,640	−9.8%	6.39%
QQQ	Invesco Qqq Trust, Series 1 PUT CALL	NEW	56,600	NEW	$32,668,388	NEW	1.31%
XOM	ExxonMobil Holdings Corp PUT + SHARES Energy	Added	106,974	+96,818	$18,149,208	+1385.0%	0.73%
AAPL	Apple Inc. CALL Technology	Added	38,900	+36,000	$9,872,431	+1152.2%	0.40%
CVX	Chevron Corp PUT + SHARES Energy	Added	37,328	+34,491	$7,723,163	+1686.2%	0.31%
JNJ	Johnson & Johnson PUT + SHARES Healthcare	Added	23,276	+10,172	$5,689,585	+109.8%	0.23%
VZ	Verizon Communications Inc PUT + SHARES Communication Services	NEW	109,592	NEW	$5,501,518	NEW	0.22%
NFLX	Netflix Inc PUT + SHARES Communication Services	Added	53,184	+43,784	$5,113,641	+480.2%	0.21%
MSFT	Microsoft Corp CALL Technology	Added	11,600	+7,600	$4,293,972	+122.0%	0.17%
COP	Conocophillips PUT + SHARES Energy	Added	27,115	+24,102	$3,579,180	+1169.0%	0.14%
T	At&T Inc. PUT + SHARES Communication Services	NEW	111,748	NEW	$3,239,574	NEW	0.13%
COST	Costco Wholesale Corp /New PUT + SHARES Consumer Defensive	NEW	3,130	NEW	$3,118,825	NEW	0.13%
MRK	Merck & Co., Inc. PUT + SHARES Healthcare	Reduced	23,315	-7,432	$2,804,561	−13.3%	0.11%
AMAT	Applied Materials Inc /De PUT + SHARES Technology	Added	8,156	+6,377	$2,787,639	+509.7%	0.11%
JPM	Jpmorgan Chase & Co CALL Financial Services	Added	8,100	+2,654	$2,382,696	+35.8%	0.10%
BRK-B	Berkshire Hathaway Inc CALL Financial Services	Added	4,800	+3,025	$2,300,160	+157.8%	0.09%
PG	PROCTER & GAMBLE Co CALL Consumer Defensive	NEW	15,900	NEW	$2,296,596	NEW	0.09%
BAC	Bank Of America Corp /De/ CALL Financial Services	Added	41,800	+34,055	$2,037,750	+378.4%	0.08%
LIN	Linde PLC PUT + SHARES Basic Materials	Added	4,098	+1,277	$2,031,624	+68.9%	0.08%
WMT	Walmart Inc. PUT CALL + SHARES Consumer Defensive	Added	16,178	+14,289	$2,010,601	+855.4%	0.08%
V	Visa Inc. CALL Financial Services	Reduced	6,400	-3,487	$1,934,336	−44.2%	0.08%
CAT	Caterpillar Inc PUT CALL + SHARES Industrials	Added	2,698	+1,498	$1,911,425	+178.0%	0.08%
UNH	Unitedhealth Group Inc CALL Healthcare	NEW	6,300	NEW	$1,704,717	NEW	0.07%
GEV	GE Vernova Inc. PUT + SHARES Industrials	NEW	1,940	NEW	$1,693,426	NEW	0.07%
AVGO	Broadcom Inc. CALL Technology	Reduced	5,000	-4,300	$1,547,550	−51.9%	0.06%
MU	Micron Technology Inc PUT CALL + SHARES Technology	Reduced	4,076	-11,288	$1,377,035	−68.6%	0.06%
WFC	Wells Fargo & Company/Mn CALL Financial Services	Reduced	14,600	-982	$1,162,306	−20.0%	0.05%
GE	General Electric Co CALL Industrials	Reduced	4,000	-2,366	$1,135,080	−42.1%	0.05%
IBM	International Business Machines Corp CALL Technology	NEW	4,600	NEW	$1,114,994	NEW	0.04%
PM	Philip Morris International Inc. CALL Consumer Defensive	Reduced	6,600	-1,892	$1,091,244	−19.9%	0.04%
MDT	Medtronic plc CALL Healthcare	NEW	12,400	NEW	$1,074,460	NEW	0.04%
KO	Coca Cola Co PUT CALL + SHARES Consumer Defensive	NEW	13,928	NEW	$1,059,224	NEW	0.04%
KLAC	Kla Corp PUT CALL + SHARES Technology	Added	690	+419	$1,015,962	+208.5%	0.04%
TMO	Thermo Fisher Scientific Inc. CALL Healthcare	Added	2,000	+1,152	$983,060	+100.1%	0.04%
ACN	Accenture plc CALL Technology	NEW	4,900	NEW	$971,621	NEW	0.04%
ABT	Abbott Laboratories CALL Healthcare	NEW	9,400	NEW	$965,098	NEW	0.04%
CSCO	Cisco Systems, Inc. PUT CALL Technology	NEW	12,100	NEW	$938,839	NEW	0.04%
PEP	Pepsico Inc PUT CALL Consumer Defensive	NEW	5,700	NEW	$885,153	NEW	0.04%
DE	Deere & Co PUT CALL + SHARES Industrials	NEW	1,567	NEW	$882,691	NEW	0.04%
INTU	Intuit Inc. PUT CALL Technology	NEW	2,000	NEW	$864,760	NEW	0.03%
HD	Home Depot, Inc. CALL Consumer Cyclical	NEW	2,600	NEW	$855,114	NEW	0.03%
TXN	Texas Instruments Inc PUT CALL Technology	NEW	4,300	NEW	$834,802	NEW	0.03%
GILD	Gilead Sciences, Inc. PUT CALL + SHARES Healthcare	Added	5,922	+3,852	$825,349	+224.8%	0.03%
MA	Mastercard Inc CALL Financial Services	Reduced	1,600	-731	$799,456	−39.9%	0.03%

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.