Aquatic Capital Management LLC

Registered adviser

CIK

1803916

Location

CHICAGO, IL

Portfolio Value

Mid $2,911,515,301

Diversification

Diversified

Filing Date

Global Rank

#1,273 / 8,818 ▼ 260

Top Industry

Biotechnology 5.3%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

19 quarters · since Dec 2021

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 307291

Roster of Oct 1, 2026

Regulatory AUM

$5,430,350,270

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

2 funds · Hedge funds

Focus by gross assets, Schedule D of Nov 20, 2024

$7,220,892,148 gross assets

LEI

254900UR7SBBO719N031

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

As filed Nov 20, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$6,678,994,000 gross assets in 3 funds Hedge funds $6,678,994,000 (3)

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	$5,430,350,270	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$5,450,148,785	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$5,540,212,281	Pooled investment vehicles (100%)
Dec 2023 to Mar 2024	$1,745,395,312	Pooled investment vehicles (100%)
May 2023 to Nov 2023	$1,745,395,312	Pooled investment vehicles (100%)
Apr 2023	$1,745,395,312	Pooled investment vehicles (100%)

3 earlier changes not shown.

Stated strategy

Quantitative / systematic, Long/short hedge, Value, Fixed income / rates Form ADV Part 2A, Jun 30, 2026 · original

In the firm's words

Quantitative / systematic: Aquatic intends to employ quantitative investment and trading strategies.
Long/short hedge: Aquatic will employ market neutral strategies on behalf of a Fund.
Value: a long/short strategy involves identifying financial instruments which are generally undervalued (or, in the case of short positions, overvalued) by the marketplace
Fixed income / rates: The Funds have the ability to invest in fixed-income financial instruments.

Portfolio style

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

Style

Systematic-like

1,216 stocks (500+), trailing annual turnover 223.2% (100%+), top 10 weight 13.0% (25% or less)

Turnover

High turnover

223.2% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 2.6 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 73.9%; sector active share 24.3% against the combined 13F book's sector weights.

Over time 19 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

1,216 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

2.1%

+0.9 pts

Top 5

8.0%

+2.2 pts

Top 10

13.0%

+2.0 pts

HHI

Diversified+1

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	19.0%	$554,218,771	164
Healthcare	16.0%	$467,018,732	187
Financial Services	14.7%	$428,073,827	230
Industrials	13.4%	$391,197,366	187
Consumer Cyclical	10.8%	$315,560,362	150
Communication Services	7.3%	$212,178,118	43
Energy	5.1%	$147,325,122	75
Consumer Defensive	5.1%	$147,313,148	56
Basic Materials	4.6%	$134,255,326	81
Utilities	3.4%	$100,085,888	36
Real Estate	0.3%	$8,427,657	6
Unclassified	0.2%	$5,860,984	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
LYG	Lloyds Banking Group plc	+1,888,528	1,964,677	$11,454,066
VRRM	VERRA MOBILITY Corp	+634,919	636,431	$2,704,831
BSX	Boston Scientific Corp	+494,913	985,535	$42,062,633
OWL	Blue Owl Capital Inc.	+421,845	487,111	$4,262,221
ZTS	Zoetis Inc.	+284,234	300,272	$21,577,545
WRN	Western Copper & Gold Corp	+273,078	276,728	$619,870
LKQ	Lkq Corp	+249,503	252,180	$6,639,899
NWG	NatWest Group plc	+225,965	414,395	$7,305,783
BW	Babcock & Wilcox Enterprises, Inc.	+224,959	234,579	$3,307,563
UUUU	Energy Fuels Inc	+218,407	443,588	$6,432,026
BORR	Borr Drilling Ltd	+209,612	339,333	$1,401,445
KLAR	Klarna Group plc	+209,002	212,073	$4,292,357
ULCC	Frontier Group Holdings, Inc.	+195,561	250,722	$1,983,211
LYFT	Lyft, Inc.	+188,520	336,504	$4,916,323
ALM	Almonty Industries Inc.	+161,728	194,422	$3,219,628
SAIL	SailPoint, Inc.	+143,836	169,299	$2,478,537
KDP	Keurig Dr Pepper Inc.	+142,053	211,372	$6,918,205
LBRT	Liberty Energy Inc.	+139,994	335,702	$8,792,035
PENN	PENN Entertainment, Inc.	+133,458	136,642	$2,918,673
NMR	Nomura Holdings Inc	+124,797	184,875	$1,623,202
HTZ	Hertz Global Holdings, Inc	+123,240	178,419	$404,119
TVTX	Travere Therapeutics, Inc.	+122,318	157,710	$8,959,505
CHYM	Chime Financial, Inc.	+118,972	266,882	$5,465,743
FIG	Figma, Inc.	+108,529	357,725	$6,471,245
KNX	Knight-Swift Transportation Holdings Inc.	+107,053	137,111	$10,676,833
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BBD	Bank Bradesco	−2,319,235	647,411	$2,246,516
GGB	Gerdau S.A.	−1,284,771	104,372	$421,662
CLF	Cleveland-Cliffs Inc.	−962,328	572,324	$5,374,122
GAU	Galiano Gold Inc.	−842,215	11,557	$21,611
KOS	Kosmos Energy Ltd.	−740,086	183,331	$386,828
RIVN	Rivian Automotive, Inc.	−734,821	224,083	$3,887,840
BTE	Baytex Energy Corp.	−648,604	231,248	$924,992
LUMN	Lumen Technologies, Inc.	−625,027	98,364	$755,435
AUR	Aurora Innovation, Inc.	−590,943	237,295	$1,618,351
UMC	United Microelectronics Corp	−577,150	26,829	$730,017
ASM	Avino Silver & Gold Mines Ltd	−544,751	73,918	$468,640
LAC	Lithium Americas Corp.	−483,296	316,237	$1,217,512
MNKD	Mannkind Corp	−322,671	78,709	$335,300
HIVE	HIVE Digital Technologies Ltd.	−250,226	52,482	$191,034
OXY	Occidental Petroleum Corp	−242,775	46,359	$2,251,656
CCL	Carnival Corp Ltd.	−222,567	35,168	$1,004,749
KMB	Kimberly Clark Corp	−221,401	98,374	$10,798,513
INTC	Intel Corp	−211,638	130,334	$18,198,536
PPL	PPL Corp	−210,521	2,405	$87,421
BCS	Barclays PLC	−208,554	326,445	$8,768,312
LVS	Las Vegas Sands Corp	−195,970	40,044	$1,849,632
ADPT	Adaptive Biotechnologies Corp	−181,847	12,656	$271,471
DOCU	Docusign, Inc.	−178,891	1,208	$53,659
ICE	Intercontinental Exchange, Inc.	−171,781	57,420	$7,068,976
EXEL	Exelixis, Inc.	−165,123	29,448	$1,602,265
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
NFLX	Netflix Inc	785,172	$56,061,280
QCOM	Qualcomm Inc	209,032	$38,627,023
ORCL	Oracle Corp	242,037	$35,470,522
INTU	Intuit Inc.	122,381	$31,941,441
AMZN	Amazon Com Inc	108,961	$25,969,764
AAL	American Airlines Group Inc.	1,127,356	$20,371,322
REGN	Regeneron Pharmaceuticals, Inc.	32,577	$20,313,062
MCK	Mckesson Corp	26,001	$19,646,355
AZO	Autozone Inc	6,019	$19,236,362
NVDA	Nvidia Corp	95,831	$19,174,824
CME	Cme Group Inc.	84,339	$18,624,581
NOK	Nokia Corp	1,362,016	$18,087,572
WMT	Walmart Inc.	154,785	$17,530,949
HOOD	Robinhood Markets, Inc.	173,132	$17,361,676
UBER	Uber Technologies, Inc	240,347	$17,343,439
LHX	L3harris Technologies, Inc.	55,180	$16,034,756
EFX	Equifax Inc	98,934	$15,702,804
PWR	Quanta Services, Inc.	21,728	$15,645,029
XOM	ExxonMobil Holdings Corp	113,494	$15,516,899
HPE	Hewlett Packard Enterprise Co	331,520	$14,954,867
FCX	Freeport-Mcmoran Inc	229,696	$14,445,581
MNST	Monster Beverage Corp	140,880	$13,541,385
AZN	Astrazeneca PLC	68,181	$12,928,481
ETR	Entergy Corp	112,406	$12,910,953
SCHW	Schwab Charles Corp	138,025	$12,735,566
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
TSM	Taiwan Semiconductor Manufacturing Co Ltd	120,692	$40,787,861
RKT	Rocket Companies, Inc.	2,709,698	$38,613,196
AMD	Advanced Micro Devices Inc	174,769	$35,553,257
LLY	ELI LILLY & Co	33,853	$31,136,973
HD	Home Depot, Inc.	91,978	$30,250,644
NOW	ServiceNow, Inc.	288,601	$30,173,234
HDB	Hdfc Bank Ltd	1,080,312	$26,878,162
HON	Honeywell International Inc	116,352	$26,299,046
ADP	Automatic Data Processing Inc	104,379	$21,207,725
TEAM	Atlassian Corp	303,455	$20,710,803
BP	Bp PLC	438,288	$20,599,536
TER	Teradyne, Inc	64,049	$18,987,966
SAP	Sap SE	106,141	$18,172,400
TGT	Target Corp	139,497	$16,907,036
DE	Deere & Co	29,979	$16,887,170
Q	Qnity Electronics, Inc.	138,377	$15,965,938
PH	Parker-Hannifin Corp	17,508	$15,673,861
PCG	PG&E Corp	877,439	$15,416,603
ROST	Ross Stores, Inc.	70,363	$15,242,736
CBRE	Cbre Group, Inc.	111,375	$15,086,857
ADI	Analog Devices Inc	44,530	$14,166,774
MP	MP Materials Corp.	292,911	$14,135,884
WCN	Waste Connections, Inc.	85,480	$13,885,371
PINS	Pinterest, Inc.	701,565	$12,866,702
TEL	TE Connectivity plc	59,940	$12,528,658
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,216 tracked positions · $2,911,515,301 total · filing declares 1,217 positions · $2,911,977,355 · 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 1,216 positions by value · page 1 of 25

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
META	Meta Platforms, Inc. Communication Services	Added	109,852	+33,775	$61,878,533	+42.2%	7	$681.18	2.13%
NFLX	Netflix Inc Communication Services	NEW	785,172	NEW	$56,061,280	NEW	1	$88.07	1.93%
BSX	Boston Scientific Corp Healthcare	Added	985,535	+494,913	$42,062,633	+36.6%	4	$67.91	1.44%
QCOM	Qualcomm Inc Technology	NEW	209,032	NEW	$38,627,023	NEW	1	$187.00	1.33%
ORCL	Oracle Corp Technology	NEW	242,037	NEW	$35,470,522	NEW	1	$181.23	1.22%
ISRG	Intuitive Surgical Inc Healthcare	Added	82,901	+75,113	$32,968,069	+818.3%	8	$445.81	1.13%
INTU	Intuit Inc. Technology	NEW	122,381	NEW	$31,941,441	NEW	1	$348.33	1.10%
MA	Mastercard Inc Financial Services	Added	59,754	+22,011	$30,689,654	+62.7%	2	$516.33	1.05%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	108,961	NEW	$25,969,764	NEW	1	$251.01	0.89%
ZTS	Zoetis Inc. Healthcare	Added	300,272	+284,234	$21,577,545	+1038.1%	2	$95.72	0.74%
STX	Seagate Technology Holdings plc Technology	Reduced	22,073	-10,646	$21,300,445	+66.2%	6	$148.74	0.73%
AVGO	Broadcom Inc. Technology	Reduced	54,617	-53,653	$20,631,571	−38.4%	2	$329.05	0.71%
AAL	American Airlines Group Inc. Industrials	NEW	1,127,356	NEW	$20,371,322	NEW	1	$13.38	0.70%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	NEW	32,577	NEW	$20,313,062	NEW	1	$680.68	0.70%
GOOGL	Alphabet Inc. Communication Services	Reduced	55,940	-50,374	$19,991,277	−34.6%	3	$310.88	0.69%
MCK	Mckesson Corp Healthcare	NEW	26,001	NEW	$19,646,355	NEW	1	$792.84	0.67%
AZO	Autozone Inc Consumer Cyclical	NEW	6,019	NEW	$19,236,362	NEW	1	$3,322.48	0.66%
NVDA	Nvidia Corp Technology	NEW	95,831	NEW	$19,174,824	NEW	1	$205.61	0.66%
ACN	Accenture plc Technology	Added	151,023	+156	$18,793,302	−37.2%	2	$232.94	0.65%
MSFT	Microsoft Corp Technology	Reduced	50,333	-51,614	$18,775,215	−50.2%	4	$470.23	0.64%
CME	Cme Group Inc. Financial Services	NEW	84,339	NEW	$18,624,581	NEW	1	$276.63	0.64%
INTC	Intel Corp Technology	Reduced	130,334	-211,638	$18,198,536	+20.6%	2	$45.84	0.63%
NOK	Nokia Corp Technology	NEW	1,362,016	NEW	$18,087,572	NEW	1	$12.87	0.62%
WMT	Walmart Inc. Consumer Defensive	NEW	154,785	NEW	$17,530,949	NEW	1	$124.14	0.60%
HOOD	Robinhood Markets, Inc. Financial Services	NEW	173,132	NEW	$17,361,676	NEW	1	$83.72	0.60%
UBER	Uber Technologies, Inc Technology	NEW	240,347	NEW	$17,343,439	NEW	1	$73.33	0.60%
CRCL	Circle Internet Group, Inc. Financial Services	Added	267,827	+82,793	$16,774,005	−5.0%	2	$88.65	0.58%
LHX	L3harris Technologies, Inc. Industrials	NEW	55,180	NEW	$16,034,756	NEW	1	$317.75	0.55%
EFX	Equifax Inc Industrials	NEW	98,934	NEW	$15,702,804	NEW	1	$170.45	0.54%
PWR	Quanta Services, Inc. Industrials	NEW	21,728	NEW	$15,645,029	NEW	1	$683.53	0.54%
XOM	ExxonMobil Holdings Corp Energy	NEW	113,494	NEW	$15,516,899	NEW	1	$149.67	0.53%
HPE	Hewlett Packard Enterprise Co Technology	NEW	331,520	NEW	$14,954,867	NEW	1	$36.11	0.51%
OMC	Omnicom Group Inc. Communication Services	Reduced	204,452	-56,932	$14,890,239	−24.4%	7	$80.30	0.51%
FCX	Freeport-Mcmoran Inc Basic Materials	NEW	229,696	NEW	$14,445,581	NEW	1	$64.28	0.50%
SYY	Sysco Corp Consumer Defensive	Added	172,465	+42,051	$14,414,624	+55.0%	3	$80.25	0.50%
MNST	Monster Beverage Corp Consumer Defensive	NEW	140,880	NEW	$13,541,385	NEW	1	$84.04	0.47%
CRM	Salesforce, Inc. Technology	Added	85,141	+70,060	$13,338,189	+373.8%	8	$194.30	0.46%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	26,113	-3,276	$13,092,013	−9.4%	7	$488.28	0.45%
PSX	Phillips 66 Energy	Added	77,403	+61,515	$13,084,977	+352.1%	4	$163.10	0.45%
AZN	Astrazeneca PLC Healthcare	NEW	68,181	NEW	$12,928,481	NEW	1	$188.09	0.44%
ETR	Entergy Corp Utilities	NEW	112,406	NEW	$12,910,953	NEW	1	$112.73	0.44%
SCHW	Schwab Charles Corp Financial Services	NEW	138,025	NEW	$12,735,566	NEW	1	$91.19	0.44%
FLEX	Flex Ltd. Technology	NEW	75,026	NEW	$12,159,463	NEW	1	$121.28	0.42%
NEE	Nextera Energy Inc Utilities	NEW	138,177	NEW	$12,127,795	NEW	1	$90.46	0.42%
CVX	Chevron Corp Energy	Reduced	71,706	-116,961	$11,885,986	−69.6%	8	$173.91	0.41%
CEG	Constellation Energy Corp Utilities	NEW	46,714	NEW	$11,602,356	NEW	1	$281.62	0.40%
ABT	Abbott Laboratories Healthcare	Reduced	127,090	-144,591	$11,532,146	−58.7%	2	$112.91	0.40%
LYG	Lloyds Banking Group plc Financial Services	Added	1,964,677	+1,888,528	$11,454,066	+2890.4%	5	$5.37	0.39%
UNH	Unitedhealth Group Inc Healthcare	Reduced	27,000	-80,796	$11,222,010	−61.5%	3	$337.38	0.39%
MTD	Mettler Toledo International Inc Healthcare	Added	8,714	+7,698	$11,132,222	+768.8%	3	$1,227.93	0.38%

Showing the top 50 of 1,216 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.