WOLVERINE TRADING, LLC
Reports for
Wolverine Holdings, L.P.
Filing Date
Global Rank
#61
/ 8,043
▲ 19
· as of Sep 2025
Top Industry
Semiconductors
14.0%
3Y Alpha vs SPY
+64.6%
Period ended 11 months ago
Filed Nov 14, 2025 · 10mo
23 quarters · since Mar 2020
Clone Performance
Sep 2023–Apr 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 WOLVERINE TRADING, LLC's reported book is option positions, which a stock-only clone
cannot replicate. The figures below are the return of the
6% that is ordinary stock — as little as
3% in one quarter — so a manager whose options
thesis lost money can still show a large gain here.
Cloned portfolio
+376.3%
SPY
+52.1%
Annualised alpha
+64.3%
Max drawdown
−24.1%
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. Captured split ratios restate closes onto one basis; only an unusable ratio can exclude earlier closes for that listing. It tracks 6% of reported value on average across 10 quarters.WOLVERINE TRADING, LLC has stopped filing, so the simulation ends in Apr 2026 — where its last reported portfolio went stale — rather than trading that portfolio forward to today. Past performance does not predict future results.
Portfolio Concentration
2,138 tracked positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025Top Position
12.1%
−4.6 pts
Top 5
36.0%
−2.8 pts
Top 10
47.2%
−4.7 pts
HHI
359
Diversified−108
Portfolio Trend
23 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 28.1% | $36,926,686,148 |
| Unclassified | 25.8% | $33,834,065,160 |
| Consumer Cyclical | 13.2% | $17,302,143,702 |
| Communication Services | 9.8% | $12,803,068,989 |
| Financial Services | 7.8% | $10,233,042,540 |
| Healthcare | 4.7% | $6,219,070,542 |
| Industrials | 4.6% | $5,974,985,835 |
| Consumer Defensive | 2.3% | $3,031,700,995 |
| Energy | 1.4% | $1,867,943,738 |
| Basic Materials | 1.0% | $1,357,953,287 |
| Utilities | 0.9% | $1,197,023,556 |
| Real Estate | 0.4% | $562,940,391 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| OPEN | Opendoor Technologies Inc. | +3,683,447 | 4,560,910 | $36,350,452 | |
| IREN | IREN Ltd | +3,220,560 | 5,740,642 | $269,408,329 | |
| INTC | Intel Corp | +2,831,055 | 8,964,641 | $300,763,705 | |
| ETHA | iShares Ethereum Trust ETF | +2,610,585 | 3,544,178 | $0 | |
| ORCL | Oracle Corp | +2,099,456 | 4,129,337 | $1,161,334,737 | |
| HL | Hecla Mining Co/De/ | +1,823,756 | 2,568,129 | $31,074,360 | |
| CIFR | Cipher Digital Inc. | +1,775,603 | 2,240,902 | $28,212,956 | |
| SBET | Sharplink, Inc. | +1,665,986 | 1,685,686 | $28,673,518 | |
| ONDS | Ondas Inc. | +1,375,595 | 1,694,300 | $13,079,996 | |
| FSLR | First Solar, Inc. | +1,356,110 | 2,671,911 | $589,236,532 | |
| BABA | Alibaba Group Holding Ltd | +1,328,863 | 4,744,694 | $848,019,158 | |
| QS | QuantumScape Corp | +1,290,795 | 2,436,802 | $30,021,400 | |
| CRWV | CoreWeave, Inc. | +1,166,268 | 2,631,241 | $360,085,330 | |
| RKT | Rocket Companies, Inc. | +1,144,126 | 2,035,289 | $39,443,900 | |
| GRAB | Grab Holdings Ltd | +1,078,220 | 2,070,149 | $12,462,296 | |
| LYFT | Lyft, Inc. | +1,063,155 | 1,976,206 | $43,496,294 | |
| NIO | NIO Inc. | +1,044,513 | 3,036,829 | $23,140,636 | |
| OKLO | Oklo Inc. | +997,754 | 2,403,800 | $268,336,194 | |
| FCX | Freeport-Mcmoran Inc | +940,360 | 2,431,188 | $95,351,193 | |
| JD | JD.com, Inc. | +893,721 | 1,919,161 | $67,132,251 | |
| SNAP | Snap Inc | +889,151 | 2,356,273 | $18,166,864 | |
| AG | First Majestic Silver Corp | +887,361 | 2,069,856 | $25,438,530 | |
| GOOGL | Alphabet Inc. | +871,035 | 10,660,725 | $2,593,642,019 | |
| NBIS | Nebius Group N.V. | +869,252 | 1,890,235 | $212,216,683 | |
| SOC | Sable Offshore Corp. | +863,042 | 1,058,496 | $18,481,340 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NVDA | Nvidia Corp | −1,853,350 | 39,247,500 | $7,322,798,550 | |
| COP | Conocophillips | −1,469,767 | 1,042,300 | $98,591,157 | |
| SPY | Spdr S&P 500 ETF Trust | −1,111,716 | 23,814,110 | $15,864,483,799 | |
| CORZ | Core Scientific, Inc./tx | −817,903 | 1,806,197 | $32,403,174 | |
| IOT | Samsara Inc. | −655,476 | 679,321 | $25,304,707 | |
| UVIX | VS Trust | −638,471 | 907,262 | $9,009,111 | |
| TSLA | Tesla, Inc. | −560,767 | 15,750,865 | $7,004,724,682 | |
| F | Ford Motor Co | −544,897 | 2,077,852 | $24,851,109 | |
| HIMS | Hims & Hers Health, Inc. | −509,700 | 2,233,800 | $126,701,136 | |
| META | Meta Platforms, Inc. | −467,383 | 6,528,720 | $4,794,561,393 | |
| LFST | LifeStance Health Group, Inc. | −389,756 | 395,844 | $2,177,142 | |
| IBKR | Interactive Brokers Group, Inc. | −387,637 | 688,405 | $47,369,148 | |
| USO | United States Oil Fund, LP | −386,347 | 992,784 | $73,217,820 | |
| NFLX | Netflix Inc | −369,690 | 2,030,922 | $2,434,913,004 | |
| COIN | Coinbase Global, Inc. | −342,099 | 3,523,401 | $1,189,112,603 | |
| UBER | Uber Technologies, Inc | −315,933 | 3,319,500 | $325,211,415 | |
| EYE | National Vision Holdings, Inc. | −295,056 | 108,188 | $3,158,007 | |
| RXO | RXO, Inc. | −289,914 | 11,554 | $177,700 | |
| JCI | Johnson Controls International plc | −285,042 | 360,858 | $39,676,337 | |
| WOOF | Petco Health & Wellness Company, Inc. | −277,575 | 113,329 | $438,583 | |
| MSFT | Microsoft Corp | −268,268 | 6,885,024 | $3,566,098,180 | |
| HLT | Hilton Worldwide Holdings Inc. | −263,635 | 209,302 | $54,301,310 | |
| — | −251,857 | 127,900 | $0 | ||
| AR | ANTERO RESOURCES Corp | −230,063 | 466,637 | $15,660,337 | |
| PG | PROCTER & GAMBLE Co | −227,098 | 550,400 | $84,568,960 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| QQQ | Invesco Qqq Trust, Series 1 | 20,498,991 | $12,306,979,226 | |
| AAPL | Apple Inc. | 11,777,873 | $2,998,999,801 | |
| AMZN | Amazon Com Inc | 9,882,899 | $2,169,988,133 | |
| BRK-B | Berkshire Hathaway Inc | 2,162,385 | $1,087,117,434 | |
| AMD | Advanced Micro Devices Inc | 6,657,689 | $1,077,147,503 | |
| BA | Boeing Co | 3,089,497 | $666,806,137 | |
| IBIT | iShares Bitcoin Trust ETF | 8,690,447 | $564,879,055 | |
| AXP | American Express Co | 1,160,141 | $385,352,434 | |
| SLV | iShares Silver Trust | 8,563,194 | $362,822,529 | |
| SNOW | Snowflake Inc. | 1,362,642 | $307,343,903 | |
| ARM | Arm Holdings PLC /Uk | 2,079,249 | $294,192,941 | |
| AMAT | Applied Materials Inc /De | 1,105,363 | $226,312,020 | |
| ANET | Arista Networks, Inc. | 1,534,976 | $223,661,352 | |
| RTX | RTX Corp | 1,319,200 | $220,741,736 | |
| AZO | Autozone Inc | 51,005 | $218,823,700 | |
| PWR | Quanta Services, Inc. | 487,907 | $202,198,418 | |
| BAC | Bank Of America Corp /De/ | 3,524,823 | $181,845,618 | |
| BE | Bloom Energy Corp | 2,097,094 | $177,351,239 | |
| BIDU | Baidu, Inc. | 1,264,614 | $166,638,186 | |
| BMNR | Bitmine Immersion Technologies, Inc. | 2,856,432 | $148,334,513 | |
| TGT | Target Corp | 1,565,880 | $140,459,436 | |
| ELV | Elevance Health, Inc. | 332,500 | $107,437,400 | |
| AMGN | Amgen Inc | 373,890 | $105,511,758 | |
| AFRM | Affirm Holdings, Inc. | 1,136,746 | $83,073,397 | |
| ABNB | Airbnb, Inc. | 657,549 | $79,839,599 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CVNA | Carvana Co. | 994,622 | $335,147,829 | |
| RDDT | Reddit, Inc. | 1,521,725 | $229,126,133 | |
| CRCL | Circle Internet Group, Inc. | 1,242,896 | $225,324,615 | |
| DKNG | DraftKings Inc. | 1,739,357 | $74,601,021 | |
| SE | Sea Ltd | 438,715 | $70,168,077 | |
| TEM | Tempus AI, Inc. | 807,856 | $51,331,170 | |
| GLW | Corning Inc /Ny | 669,600 | $35,214,264 | |
| DLTR | Dollar Tree, Inc. | 344,695 | $34,138,592 | |
| KR | Kroger Co | 469,100 | $33,648,543 | |
| WIX | Wix.com Ltd. | 105,712 | $16,751,123 | |
| SJM | J M SMUCKER Co | 167,200 | $16,419,040 | |
| NTAP | NetApp, Inc. | 131,056 | $13,964,016 | |
| TGTX | Tg Therapeutics, Inc. | 366,400 | $13,186,736 | |
| XLB | State Street Materials Select Sector SPDR ETF | 137,889 | $12,108,033 | |
| TER | Teradyne, Inc | 124,263 | $11,173,728 | |
| ENB | Enbridge Inc | 236,200 | $10,704,584 | |
| RUN | Sunrun Inc. | 1,244,835 | $10,182,750 | |
| DB | Deutsche Bank Aktiengesellschaft | 344,949 | $10,100,106 | |
| INOD | Innodata Inc | 188,648 | $9,662,550 | |
| CNK | Cinemark Holdings, Inc. | 303,400 | $9,156,612 | |
| SITM | SITIME Corp | 33,693 | $7,179,304 | |
| MRTN | Marten Transport Ltd | 512,283 | $6,654,556 | |
| EOSE | Eos Energy Enterprises, Inc. | 1,288,665 | $6,597,964 | |
| BAM | Brookfield Asset Management Ltd. | 118,559 | $6,553,941 | |
| SIG | Signet Jewelers Ltd | 78,700 | $6,260,585 | |
| No positions match the current search. | ||||
2,138 tracked positions ·
$131,310,624,883 total
· filing declares
5,565 positions · $138,734,275,111
· as of Sep 30, 2025
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 2,138 positions by value
· page 1 of 43
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPY |
Spdr S&P 500 ETF Trust
PUT
CALL
+ SHARES
|
Reduced | 23,814,110 | $15,864,483,799 | 12.08% | |
| QQQ |
Invesco Qqq Trust, Series 1
PUT
CALL
+ SHARES
|
NEW | 20,498,991 | $12,306,979,226 | 9.37% | |
| NVDA |
Nvidia Corp
PUT
CALL
+ SHARES
Technology
|
Reduced | 39,247,500 | $7,322,798,550 | 5.58% | |
| TSLA |
Tesla, Inc.
PUT
CALL
+ SHARES
Consumer Cyclical
|
Reduced | 15,750,865 | $7,004,724,682 | 5.33% | |
| META |
Meta Platforms, Inc.
PUT
CALL
+ SHARES
Communication Services
|
Reduced | 6,528,720 | $4,794,561,393 | 3.65% | |
| MSFT |
Microsoft Corp
PUT
CALL
+ SHARES
Technology
|
Reduced | 6,885,024 | $3,566,098,180 | 2.72% | |
| AAPL |
Apple Inc.
PUT
CALL
+ SHARES
Technology
|
NEW | 11,777,873 | $2,998,999,801 | 2.28% | |
| MSTR |
Strategy Inc
PUT
CALL
+ SHARES
Technology
|
Added | 8,998,334 | $2,899,353,198 | 2.21% | |
| GLD |
Spdr Gold Trust
PUT
CALL
+ SHARES
|
Added | 7,570,982 | $2,691,256,971 | 2.05% | |
| GOOGL |
Alphabet Inc.
PUT
CALL
+ SHARES
Communication Services
|
Added | 10,660,725 | $2,593,642,019 | 1.98% | |
| NFLX |
Netflix Inc
PUT
CALL
+ SHARES
Communication Services
|
Reduced | 2,030,922 | $2,434,913,004 | 1.85% | |
| AMZN |
Amazon Com Inc
PUT
CALL
+ SHARES
Consumer Cyclical
|
NEW | 9,882,899 | $2,169,988,133 | 1.65% | |
| AVGO |
Broadcom Inc.
PUT
CALL
+ SHARES
Technology
|
Added | 5,710,243 | $1,883,866,268 | 1.43% | |
| PLTR |
Palantir Technologies Inc.
PUT
CALL
+ SHARES
Technology
|
Added | 10,283,861 | $1,875,981,923 | 1.43% | |
| DIA |
Spdr Dow Jones Industrial Average ETF Trust
PUT
CALL
+ SHARES
|
Added | 3,383,852 | $1,569,227,526 | 1.20% | |
| LLY |
ELI LILLY & Co
PUT
CALL
+ SHARES
Healthcare
|
Added | 1,865,930 | $1,423,704,590 | 1.08% | |
| UNH |
Unitedhealth Group Inc
PUT
CALL
+ SHARES
Healthcare
|
Added | 3,891,079 | $1,343,589,578 | 1.02% | |
| BKNG |
Booking Holdings Inc.
PUT
CALL
+ SHARES
Consumer Cyclical
|
Reduced | 235,428 | $1,271,139,337 | 0.97% | |
| GS |
Goldman Sachs Group Inc
PUT
CALL
+ SHARES
Financial Services
|
Added | 1,578,486 | $1,257,027,326 | 0.96% | |
| COIN |
Coinbase Global, Inc.
PUT
CALL
+ SHARES
Financial Services
|
Reduced | 3,523,401 | $1,189,112,603 | 0.91% | |
| ORCL |
Oracle Corp
PUT
CALL
+ SHARES
Technology
|
Added | 4,129,337 | $1,161,334,737 | 0.88% | |
| COST |
Costco Wholesale Corp /New
PUT
CALL
+ SHARES
Consumer Defensive
|
Added | 1,177,162 | $1,089,616,462 | 0.83% | |
| BRK-B |
Berkshire Hathaway Inc
PUT
CALL
+ SHARES
Financial Services
|
NEW | 2,162,385 | $1,087,117,434 | 0.83% | |
| AMD |
Advanced Micro Devices Inc
PUT
CALL
+ SHARES
Technology
|
NEW | 6,657,689 | $1,077,147,503 | 0.82% | |
| APP |
AppLovin Corp
PUT
CALL
+ SHARES
Communication Services
|
Added | 1,418,910 | $1,019,543,591 | 0.78% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
PUT
CALL
+ SHARES
Technology
|
Added | 3,417,383 | $954,440,898 | 0.73% | |
| BABA |
Alibaba Group Holding Ltd
PUT
CALL
+ SHARES
Consumer Cyclical
|
Added | 4,744,694 | $848,019,158 | 0.65% | |
| CRWD |
CrowdStrike Holdings, Inc.
PUT
CALL
+ SHARES
Technology
|
Added | 1,594,687 | $782,002,611 | 0.60% | |
| MU |
Micron Technology Inc
PUT
CALL
+ SHARES
Technology
|
Added | 4,016,948 | $672,115,739 | 0.51% | |
| BA |
Boeing Co
PUT
CALL
+ SHARES
Industrials
|
NEW | 3,089,497 | $666,806,137 | 0.51% | |
| HOOD |
Robinhood Markets, Inc.
PUT
CALL
+ SHARES
Financial Services
|
Added | 4,572,182 | $654,645,018 | 0.50% | |
| JPM |
Jpmorgan Chase & Co
PUT
CALL
+ SHARES
Financial Services
|
Added | 2,062,169 | $650,469,967 | 0.50% | |
| ASML |
Asml Holding NV
PUT
CALL
+ SHARES
Technology
|
Added | 608,681 | $589,257,989 | 0.45% | |
| FSLR |
First Solar, Inc.
PUT
CALL
+ SHARES
Technology
|
Added | 2,671,911 | $589,236,532 | 0.45% | |
| IBIT |
iShares Bitcoin Trust ETF
PUT
CALL
+ SHARES
|
NEW | 8,690,447 | $564,879,055 | 0.43% | |
| WMT |
Walmart Inc.
PUT
CALL
+ SHARES
Consumer Defensive
|
Added | 4,387,330 | $452,158,229 | 0.34% | |
| MELI |
Mercadolibre Inc
PUT
CALL
+ SHARES
Consumer Cyclical
|
Added | 188,497 | $440,506,159 | 0.34% | |
| NOW |
ServiceNow, Inc.
PUT
CALL
+ SHARES
Technology
|
Reduced | 471,827 | $434,212,951 | 0.33% | |
| GEV |
GE Vernova Inc.
PUT
CALL
+ SHARES
Industrials
|
Reduced | 678,884 | $417,445,771 | 0.32% | |
| MA |
Mastercard Inc
PUT
CALL
+ SHARES
Financial Services
|
Reduced | 704,329 | $400,629,378 | 0.31% | |
| DASH |
DoorDash, Inc.
PUT
CALL
+ SHARES
Consumer Cyclical
|
Added | 1,444,199 | $392,807,686 | 0.30% | |
| V |
Visa Inc.
PUT
CALL
+ SHARES
Financial Services
|
Reduced | 1,143,708 | $390,439,037 | 0.30% | |
| AXP |
American Express Co
PUT
CALL
+ SHARES
Financial Services
|
NEW | 1,160,141 | $385,352,434 | 0.29% | |
| ADBE |
Adobe Inc.
PUT
CALL
+ SHARES
Technology
|
Added | 1,050,187 | $370,453,464 | 0.28% | |
| SLV |
iShares Silver Trust
PUT
CALL
+ SHARES
|
NEW | 8,563,194 | $362,822,529 | 0.28% | |
| CRWV |
CoreWeave, Inc.
PUT
CALL
+ SHARES
Technology
|
Added | 2,631,241 | $360,085,330 | 0.27% | |
| C |
Citigroup Inc
PUT
CALL
+ SHARES
Financial Services
|
Added | 3,500,572 | $355,308,058 | 0.27% | |
| CRM |
Salesforce, Inc.
PUT
CALL
+ SHARES
Technology
|
Added | 1,463,148 | $346,766,076 | 0.26% | |
| INTU |
Intuit Inc.
PUT
CALL
+ SHARES
Technology
|
Added | 507,430 | $346,529,021 | 0.26% | |
| SPOT |
Spotify Technology S.A.
PUT
CALL
+ SHARES
Communication Services
|
Added | 495,046 | $345,542,108 | 0.26% |
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.