Cavalier Investments, Llc
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$3.70B
Q ending 2026-03-31
Prior quarter
$1.95B
Q ending 2025-12-31
Change
+90.1% QoQ · +1156.8% YoY
Positions
112
reported holdings
Largest positions
Top 100 of 112 reported positions by value, Q ending 2026-03-31. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| Invesco Qqq Tr | QQQ | Call | $750.3M | 1.3M |
| Invesco Qqq Tr | QQQ | Put | $721.5M | 1.3M |
| State Str Spdr S&P 500 Etf T | SPY | Put | $539.8M | 830K |
| State Str Spdr S&P 500 Etf T | SPY | Call | $390.2M | 600K |
| Vaneck Etf Trust | SMH | Call | $98.8M | 258K |
| Spdr S&P 500 Etf Trust | SPY | Shares | $96.0M | 148K |
| Vaneck Etf Trust | SMH | Put | $91.1M | 238K |
| Spdr Gold Tr | GLD | Put | $60.2M | 140K |
| Invesco Qqq Trust Series 1 | QQQ | Shares | $59.5M | 103K |
| Nvidia Corporation | NVDA | Put | $57.6M | 330K |
| Ishares Tr | IWM | Call | $49.6M | 200K |
| Jpmorgan Chase & Co | JPM | Call | $44.1M | 150K |
| Select Sector Spdr Tr | XLE | Call | $30.6M | 500K |
| Western Digital Corp | WDC | Call | $30.3M | 112K |
| Jpmorgan Chase & Co | JPM | Put | $29.4M | 100K |
| Spdr Gold Tr | GLD | Call | $26.2M | 61K |
| Select Sector Spdr Tr | XLC | Put | $22.2M | 200K |
| United Sts Oil Fd Lp | USO | Put | $19.3M | 152K |
| Rocket Lab Corp | RKLB | Call | $19.3M | 300K |
| Ishares Bitcoin Trust Etf | IBIT | Put | $19.2M | 500K |
| Tesla Inc | TSLA | Call | $18.6M | 50K |
| Tesla Inc | TSLA | Put | $18.6M | 50K |
| Select Sector Spdr Tr | XLP | Call | $17.2M | 210K |
| Western Digital Corp | WDC | Put | $16.8M | 62K |
| Ishares Silver Tr | SLV | Call | $16.7M | 245K |
| Select Sector Spdr Tr | XLI | Call | $16.2M | 100K |
| United States Oil Fund | USO | Shares | $15.5M | 122K |
| Ishares Inc | EWY | Call | $15.4M | 125K |
| Select Sector Spdr Tr | XLB | Call | $15.0M | 300K |
| Kla Corp | KLAC | Put | $14.7M | 10K |
| Kla Corporation | KLAC | Shares | $14.3M | 10K |
| Ishares Bitcoin Trust Etf | IBIT | Call | $13.4M | 350K |
| United Sts Oil Fd Lp | USO | Call | $12.3M | 97K |
| Vaneck Vectors Semiconductor Etf | SMH | Shares | $11.7M | 31K |
| Ishares 20 Pls Year Treasury Bnd E | TLT | Shares | $11.3M | 130K |
| Select Sector Spdr Tr | XLV | Put | $11.0M | 75K |
| Spdr Gold Shares | GLD | Shares | $10.8M | 25K |
| Lam Research Corp | LRCX | Call | $10.7M | 50K |
| Communicat Svs Slct Sec Spdr Etf | XLC | Shares | $10.6M | 96K |
| Aerovironment Inc | AVAV | Call | $10.1M | 55K |
| Select Sector Spdr Tr | XLU | Call | $9.2M | 200K |
| Lam Research Corp | LRCX | Shares | $9.2M | 43K |
| Bristol-Myers Squibb Co | BMY | Call | $9.1M | 150K |
| Nvidia Corporation | NVDA | Call | $8.7M | 50K |
| Ionq Inc | IONQ | Call | $8.6M | 300K |
| Lam Research Corp | LRCX | Put | $8.5M | 40K |
| Ft Vest Gold Strt Trgt Incm Etf | IGLD | Shares | $8.3M | 324K |
| Howmet Aerospace Ord | HWM | Shares | $8.1M | 35K |
| Vanguard Value Etf | VTV | Shares | $7.9M | 40K |
| Rtx Corporation | RTX | Shares | $7.8M | 41K |
| Nvidia Corp. | NVDA | Shares | $7.6M | 43K |
| Palantir Technologies Inc | PLTR | Call | $7.3M | 50K |
| Spdr Series Trust | XME | Call | $6.5M | 60K |
| Western Digital Corporation | WDC | Shares | $6.1M | 23K |
| Ishares Tr | IAK | Shares | $5.9M | 46K |
| Rtx Corporation | RTX | Put | $5.8M | 30K |
| State Stret Matrl Slct Sctr Spdr E | XLB | Shares | $5.8M | 116K |
| Rigetti Computing Inc | RGTI | Call | $5.6M | 400K |
| Vanguard Ftse Europe Etf | VGK | Shares | $5.4M | 65K |
| Ishares Silver Trust | SLV | Shares | $5.3M | 78K |
| Global X Fds | PAVE | Call | $5.1M | 100K |
| Invesco Exchange Traded Fd T | PJP | Shares | $4.8M | 46K |
| Howmet Aerospace Inc | HWM | Put | $4.6M | 20K |
| Novo-Nordisk A S | NVO | Call | $4.6M | 125K |
| Ishares Msci Austria Etf | EWO | Shares | $4.4M | 125K |
| Palantir Technologies Inc | PLTR | Put | $4.4M | 30K |
| Simplify Volatility Premium Etf | SVOL | Shares | $4.0M | 260K |
| Ishares Tr | EPU | Shares | $3.7M | 46K |
| Select Sector Uti Select Spdr Etf | XLU | Shares | $3.7M | 80K |
| Att | T | Shares | $3.5M | 121K |
| Spdr S&P Aerospace | XAR | Shares | $3.5M | 14K |
| Ishares Semiconductor Etf | SOXX | Shares | $3.5M | 11K |
| Palantir Technologies Inc. | PLTR | Shares | $3.4M | 23K |
| Ishares Silver Tr | SLV | Put | $3.4M | 50K |
| Microstrategy Cl A Ord | MSTR | Shares | $3.3M | 26K |
| Albemarle Corp | ALB | Shares | $3.3M | 18K |
| Strategy Inc | MSTR | Put | $3.2M | 25K |
| Apple, Inc. | AAPL | Shares | $3.1M | 12K |
| Cboe Global Markets Ord | CBOE | Shares | $2.7M | 9K |
| Ubs Ag Etracs Cd Ol Cr Cl Etn | USOI | Shares | $2.7M | 46K |
| Iesc | IESC | Shares | $2.6M | 6K |
| Vaneck Gold Miners Etf | GDX | Shares | $2.6M | 28K |
| Jpmorgan Chase Ord | JPM | Shares | $2.4M | 8K |
| Global X Fds | URA | Call | $2.4M | 50K |
| Super Micro Computer Inc | SMCI | Call | $2.3M | 100K |
| Usa Rare Earth Inc | USAR | Call | $2.3M | 150K |
| State Street Consumer Staples Sele | XLP | Shares | $2.2M | 27K |
| Global X Msci Argentina Etf | ARGT | Shares | $2.1M | 23K |
| Ishares Inc | ECH | Shares | $1.8M | 46K |
| Ishares Msci Poland Etf | EPOL | Shares | $1.8M | 50K |
| Spdr Portfolio S&P 400 Mid Cap Etf | SPMD | Shares | $1.7M | 30K |
| Newmont Corporation | NEM | Shares | $1.6M | 15K |
| Rocket Lab Corp | RKLB | Put | $1.6M | 25K |
| Freeport Mcmoran Inc | FCX | Call | $1.5M | 25K |
| Freeport-Mcmoran Inc | FCX | Shares | $1.4M | 23K |
| Ishares Global Infrastructure Etf | IGF | Shares | $1.3M | 20K |
| Ishares Inc | EWY | Shares | $1.3M | 11K |
| Aroc | AROC | Shares | $1.1M | 32K |
| Eli Lilly Ord | LLY | Shares | $888K | 966 |
| Ishares Russell 2000 Etf | IWM | Shares | $839K | 3K |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.