RPO LLC
Filing Date
Global Rank
#7,558
/ 8,623
▼ 5657
· as of Mar 2026
Top Industry
Asset Management
97.9%
3Y Alpha vs SPY
-15.8%
Period ended 4 months ago
Filed May 12, 2026 · 3mo
18 quarters · since Dec 2021
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical 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 RPO LLC's reported book is option positions, which a stock-only clone
cannot replicate. The figures below are the return of the
67% that is ordinary stock — as little as
6% in one quarter — so a manager whose options
thesis lost money can still show a large gain here.
Cloned portfolio
+11.4%
SPY
+65.3%
Annualised alpha
-14.6%
Max drawdown
−37.0%
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. It tracks 67% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
19 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
26.1%
−41.8 pts
Top 5
63.1%
−27.5 pts
Top 10
83.0%
−14.9 pts
HHI
1,177
Diversified−3,582
Portfolio Trend
18 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 50.9% | $13,265,346 |
| Unclassified | 48.0% | $12,488,117 |
| Consumer Cyclical | 1.1% | $286,304 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
3 positions
Trimmed
Positions the filer reduced
5 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ETJ | Eaton Vance Risk-Managed Diversified Equity Income Fund | −117,468 | 19,442 | $158,841 | |
| BSOL | Bitwise Solana Staking ETF | −114,400 | 86,700 | $958,035 | |
| GLO | Clough Global Opportunities Fund | −20,000 | 91,479 | $509,538 | |
| CHW | Calamos Global Dynamic Income Fund | −14,229 | 47,570 | $345,358 | |
| GLQ | Clough Global Equity Fund | −10,504 | 81,823 | $616,127 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
8 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| USO | United States Oil Fund, LP | 53,500 | $6,807,875 | |
| XFLT | XAI Floating Rate & Alternative Income Trust | 89,904 | $1,544,550 | |
| SABA | Saba Capital Income & Opportunities Fund II | 123,146 | $1,024,574 | |
| ETHB | iShares Staked Ethereum Trust ETF | 31,200 | $841,464 | |
| SOEZ | Franklin Solana Trust | 57,400 | $817,376 | |
| FETH | Fidelity Ethereum Fund | 35,700 | $745,416 | |
| VSOL | VanEck Solana ETF | 65,395 | $713,263 | |
| BRW | Saba Capital Income & Opportunities Fund | 94,567 | $637,381 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SPY | Spdr S&P 500 ETF Trust | 916,826 | $625,201,985 | |
| NVDA | Nvidia Corp | 351,000 | $65,461,500 | |
| MSFT | Microsoft Corp | 101,500 | $49,087,430 | |
| BAC | Bank Of America Corp /De/ | 861,000 | $47,355,000 | |
| COP | Conocophillips | 492,834 | $46,134,190 | |
| MS | Morgan Stanley | 119,000 | $21,126,070 | |
| AAPL | Apple Inc. | 74,300 | $20,199,198 | |
| QCOM | Qualcomm Inc/De | 113,000 | $19,328,650 | |
| ARKB | Ark 21Shares Bitcoin ETF | 92,570 | $2,688,232 | |
| FBTC | Fidelity Wise Origin Bitcoin Fund | 30,960 | $2,360,080 | |
| BTCO | Invesco Galaxy Bitcoin ETF | 20,300 | $1,769,551 | |
| BITB | Bitwise Bitcoin ETF | 31,900 | $1,517,164 | |
| FSOL | Fidelity Solana Fund | 16,400 | $239,276 | |
| SOC | Sable Offshore Corp. | 14,018 | $126,442 | |
| WEAV | Weave Communications, Inc. | 10,612 | $80,545 | |
| UDMY | Udemy, Inc. | 13,186 | $77,138 | |
| UAA | Under Armour, Inc. | 15,272 | $75,901 | |
| SXC | SunCoke Energy, Inc. | 10,202 | $73,454 | |
| TROX | Tronox Holdings plc | 17,538 | $73,133 | |
| EVH | Evolent Health, Inc. | 17,673 | $70,692 | |
| AHRT | AH Realty Trust, Inc. | 10,250 | $67,855 | |
| JBLU | Jetblue Airways Corp | 14,614 | $66,493 | |
| PSEC | Prospect Capital Corp | 25,568 | $66,221 | |
| BLND | Blend Labs, Inc. | 21,768 | $66,174 | |
| PAYO | Payoneer Global Inc. | 11,758 | $66,079 | |
| No positions match the current search. | ||||
19 tracked positions ·
$26,039,767 total
· filing declares
24 positions · $32,349,473
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| USO |
United States Oil Fund, LP
PUT
|
NEW | 53,500 | $6,807,875 | 26.14% | |
| USA |
Liberty All Star Equity Fund
Financial Services
|
Held | 573,700 | $3,184,035 | 12.23% | |
| STEW |
SRH Total Return Fund, Inc.
Financial Services
|
Added | 178,990 | $3,060,729 | 11.75% | |
| ASG |
Liberty All Star Growth Fund Inc.
Financial Services
|
Added | 371,654 | $1,765,356 | 6.78% | |
| ETH |
Grayscale Ethereum Staking Mini ETF
|
Added | 80,800 | $1,604,688 | 6.16% | |
| XFLT |
XAI Floating Rate & Alternative Income Trust
Financial Services
|
NEW | 89,904 | $1,544,550 | 5.93% | |
| SABA |
Saba Capital Income & Opportunities Fund II
Financial Services
|
NEW | 123,146 | $1,024,574 | 3.93% | |
| BSOL |
Bitwise Solana Staking ETF
|
Reduced | 86,700 | $958,035 | 3.68% | |
| ETHB |
iShares Staked Ethereum Trust ETF
|
NEW | 31,200 | $841,464 | 3.23% | |
| SOEZ |
Franklin Solana Trust
|
NEW | 57,400 | $817,376 | 3.14% | |
| FETH |
Fidelity Ethereum Fund
|
NEW | 35,700 | $745,416 | 2.86% | |
| VSOL |
VanEck Solana ETF
|
NEW | 65,395 | $713,263 | 2.74% | |
| BRW |
Saba Capital Income & Opportunities Fund
Financial Services
|
NEW | 94,567 | $637,381 | 2.45% | |
| GLQ |
Clough Global Equity Fund
Financial Services
|
Reduced | 81,823 | $616,127 | 2.37% | |
| GLO |
Clough Global Opportunities Fund
Financial Services
|
Reduced | 91,479 | $509,538 | 1.96% | |
| GLV |
Clough Global Dividend & Income Fund
Financial Services
|
Held | 70,753 | $418,857 | 1.61% | |
| CHW |
Calamos Global Dynamic Income Fund
Financial Services
|
Reduced | 47,570 | $345,358 | 1.33% | |
| CUK |
CARNIVAL PLC
Consumer Cyclical
|
Held | 11,110 | $286,304 | 1.10% | |
| ETJ |
Eaton Vance Risk-Managed Diversified Equity Income Fund
Financial Services
|
Reduced | 19,442 | $158,841 | 0.61% |
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.