WOLVERINE TRADING, LLC

CIK

927337

Location

CHICAGO, IL

Portfolio Value

Mega $125,633,109,991

Diversification

Diversified

Filing Date

Global Rank

#62 / 7,986 ▲ 21 · as of Sep 2025

Top Industry

Semiconductors 14.8%

3Y Alpha vs SPY

-0.7%

Period ended 9 months ago

Filed Nov 14, 2025 · 8mo

23 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+71.4%

SPY

+76.5%

Annualised alpha

-1.2%

Max drawdown

−20.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

2,069 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

12.6%

−5.2 pts

Top 5

37.6%

−3.9 pts

Top 10

49.0%

−3.9 pts

HHI

384

Diversified−131

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Technology	28.6%	$35,893,390,978	376
Unclassified	27.0%	$33,961,393,464	40
Consumer Cyclical	12.8%	$16,089,614,133	246
Financial Services	8.1%	$10,227,419,287	244
Communication Services	7.6%	$9,526,077,079	100
Healthcare	5.0%	$6,229,979,614	262
Industrials	4.7%	$5,960,489,105	279
Consumer Defensive	2.4%	$3,035,294,927	92
Energy	1.3%	$1,587,914,447	125
Basic Materials	1.1%	$1,363,396,407	144
Utilities	1.0%	$1,197,521,251	57
Real Estate	0.4%	$560,619,299	104

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
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	$111,677,048
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
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
WULF	Terawulf Inc.	+842,400	1,870,857	$21,365,186
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
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	$180,182,233
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	$243,491,300
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
AR	ANTERO RESOURCES Corp	−230,063	466,637	$15,660,337
PG	PROCTER & GAMBLE Co	−227,098	550,400	$84,568,960
NCLH	Norwegian Cruise Line Holdings Ltd.	−220,359	938,067	$23,104,590
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	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
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
CVNA	Carvana Co.	994,622	$67,029,565
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
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
CPB	CAMPBELL'S Co	195,900	$6,004,335
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

2,069 positions · $125,633,109,991 total · 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 2,069 positions by value · page 1 of 42

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	23,814,110	-1,111,716	$15,864,483,799	+3.0%	12.63%
QQQ	Invesco Qqq Trust, Series 1	NEW	20,498,991	NEW	$12,306,979,226	NEW	9.80%
NVDA	Nvidia Corp Technology	Reduced	39,247,500	-1,853,350	$7,322,798,550	+12.8%	5.83%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	15,750,865	-560,767	$7,004,724,682	+35.2%	5.58%
META	Meta Platforms, Inc. Communication Services	Reduced	6,528,720	-467,383	$4,794,561,393	−7.1%	3.82%
MSFT	Microsoft Corp Technology	Reduced	6,885,024	-268,268	$3,566,098,180	+0.2%	2.84%
AAPL	Apple Inc. Technology	NEW	11,777,873	NEW	$2,998,999,801	NEW	2.39%
MSTR	Strategy Inc Technology	Added	8,998,334	+457,901	$2,899,353,198	−16.0%	2.31%
GLD	Spdr Gold Trust	Added	7,570,982	+323,009	$2,691,256,971	+21.8%	2.14%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	9,882,899	NEW	$2,169,988,133	NEW	1.73%
AVGO	Broadcom Inc. Technology	Added	5,710,243	+777,907	$1,883,866,268	+38.6%	1.50%
PLTR	Palantir Technologies Inc. Technology	Added	10,283,861	+34,348	$1,875,981,923	+34.3%	1.49%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Added	3,383,852	+114,275	$1,569,227,526	+8.9%	1.25%
GOOGL	Alphabet Inc. Communication Services	Added	6,172,342	+262,866	$1,500,496,340	+44.1%	1.19%
LLY	ELI LILLY & Co Healthcare	Added	1,865,930	+298,214	$1,423,704,590	+16.5%	1.13%
UNH	Unitedhealth Group Inc Healthcare	Added	3,891,079	+771,824	$1,343,589,578	+38.1%	1.07%
GS	Goldman Sachs Group Inc Financial Services	Added	1,578,486	+11,633	$1,257,027,326	+13.4%	1.00%
COIN	Coinbase Global, Inc. Financial Services	Reduced	3,523,401	-342,099	$1,189,112,603	−12.2%	0.95%
ORCL	Oracle Corp Technology	Added	4,129,337	+2,099,456	$1,161,334,737	+161.7%	0.92%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	1,177,162	+129,635	$1,089,616,462	+5.1%	0.87%
BRK-B	Berkshire Hathaway Inc Financial Services	NEW	2,162,385	NEW	$1,087,117,434	NEW	0.87%
AMD	Advanced Micro Devices Inc Technology	NEW	6,657,689	NEW	$1,077,147,503	NEW	0.86%
APP	AppLovin Corp Communication Services	Added	1,418,910	+58,417	$1,019,543,591	+114.1%	0.81%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	3,417,383	+684,521	$954,440,898	+54.2%	0.76%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Added	4,744,694	+1,328,863	$848,019,158	+118.9%	0.67%
MU	Micron Technology Inc Technology	Added	4,016,948	+351,549	$672,115,739	+48.8%	0.53%
BA	Boeing Co Industrials	NEW	3,089,497	NEW	$666,806,137	NEW	0.53%
HOOD	Robinhood Markets, Inc. Financial Services	Added	4,572,182	+52,322	$654,645,018	+54.7%	0.52%
JPM	Jpmorgan Chase & Co Financial Services	Added	2,062,169	+207,589	$650,469,967	+21.0%	0.52%
ASML	Asml Holding NV Technology	Added	608,681	+191,996	$589,257,989	+76.5%	0.47%
FSLR	First Solar, Inc. Technology	Added	2,671,911	+1,356,110	$589,236,532	+170.5%	0.47%
IBIT	iShares Bitcoin Trust ETF	NEW	8,690,447	NEW	$564,879,055	NEW	0.45%
WMT	Walmart Inc. Consumer Defensive	Added	4,387,330	+239,219	$452,158,229	+11.5%	0.36%
MELI	Mercadolibre Inc Consumer Cyclical	Added	188,497	+36,677	$440,506,159	+11.0%	0.35%
GEV	GE Vernova Inc. Industrials	Reduced	678,884	-2,680	$417,445,771	+15.7%	0.33%
MA	Mastercard Inc Financial Services	Reduced	704,329	-8,971	$400,629,378	−0.1%	0.32%
DASH	DoorDash, Inc. Consumer Cyclical	Added	1,444,199	+187,162	$392,807,686	+26.8%	0.31%
V	Visa Inc. Financial Services	Reduced	1,143,708	-12,509	$390,439,037	−4.9%	0.31%
AXP	American Express Co Financial Services	NEW	1,160,141	NEW	$385,352,434	NEW	0.31%
ADBE	Adobe Inc. Technology	Added	1,050,187	+228,966	$370,453,464	+16.6%	0.29%
SLV	iShares Silver Trust	NEW	8,563,194	NEW	$362,822,529	NEW	0.29%
CRWV	CoreWeave, Inc. Technology	Added	2,631,241	+1,166,268	$360,085,330	+50.7%	0.29%
C	Citigroup Inc Financial Services	Added	3,500,572	+666,553	$355,308,058	+47.3%	0.28%
CRM	Salesforce, Inc. Technology	Added	1,463,148	+345,398	$346,766,076	+13.8%	0.28%
INTU	Intuit Inc. Technology	Added	507,430	+102,462	$346,529,021	+8.6%	0.28%
SPOT	Spotify Technology S.A. Communication Services	Added	495,046	+70,213	$345,542,108	+6.0%	0.28%
UBER	Uber Technologies, Inc Technology	Reduced	3,319,500	-315,933	$325,211,415	−4.1%	0.26%
RCL	Royal Caribbean Cruises Ltd Consumer Cyclical	Added	984,400	+57,987	$318,532,152	+9.8%	0.25%
SNOW	Snowflake Inc. Technology	NEW	1,362,642	NEW	$307,343,903	NEW	0.24%
MDB	MongoDB, Inc. Technology	Added	973,300	+172,003	$302,092,854	+79.5%	0.24%