Elequin Capital, LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Elequin Capital, LP disclosed 121 US equity positions worth $1.2bn in its Q3 2025 13F filing. The largest position was SE at 24.8% of the reported book, followed by TSLA and MSFT. Against the Q2 2025 filing, it opened 19 new positions, added to 25 and reduced 6 among the top 50 holdings.
What did Elequin Capital, LP own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SE SEA LTD | 24.8% | $290.6m | 147,007,000 | – | new | |
| 2 | TSLA TESLA INC | Consumer Cyclical | 17.4% | $204.2m | 459,277 | 1825% | added |
| 3 | MSFT MICROSOFT CORP | Technology | 6.6% | $77.7m | 150,000 | – | new |
| 4 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 4.8% | $56.6m | 202,500 | 18176% | added |
| 5 | AMZN AMAZON COM INC | Consumer Cyclical | 4.7% | $54.9m | 250,000 | – | new |
| 6 | COIN COINBASE GLOBAL INC | Financial Services | 4.7% | $54.6m | 161,725 | 3896% | added |
| 7 | IBIT ISHARES BITCOIN TRUST ETF | 4.6% | $54.1m | 831,683 | -34% | reduced | |
| 8 | GOOGL ALPHABET INC | Communication Services | 4.1% | $48.6m | 200,000 | 5106% | added |
| 9 | FBTC FIDELITY WISE ORIGIN BITCOIN | 4.1% | $47.8m | 479,372 | 23% | added | |
| 10 | NVDA NVIDIA CORPORATION | Technology | 2.7% | $31.2m | 167,177 | 2119% | added |
| 11 | BITB BITWISE BITCOIN ETF TR | 2.1% | $24.5m | 393,733 | 963% | added | |
| 12 | LLY ELI LILLY & CO | Healthcare | 2.0% | $22.9m | 30,000 | – | new |
| 13 | BTC GRAYSCALE BITCOIN MINI TR ET | 1.6% | $18.3m | 361,194 | 166% | added | |
| 14 | BRRR COINSHARES BITCOIN ETF | 1.6% | $18.2m | 562,013 | 634% | added | |
| 15 | AVGO BROADCOM INC | Technology | 1.4% | $16.5m | 50,000 | – | new |
| 16 | ARKB ARK 21SHARES BITCOIN ETF | 1.2% | $13.7m | 361,524 | 29% | added | |
| 17 | JMST J P MORGAN EXCHANGE TRADED F | 1.1% | $12.6m | 247,201 | 181% | added | |
| 18 | MSTR STRATEGY INC | Technology | 0.8% | $9.9m | 30,794 | 135% | added |
| 19 | PZA INVESCO EXCH TRADED FD TR II | 0.8% | $9.2m | 400,000 | – | new | |
| 20 | VTEB VANGUARD MUN BD FDS | 0.8% | $9.1m | 181,145 | 551% | added | |
| 21 | CWB SPDR SERIES TRUST | 0.7% | $8.1m | 89,729 | 4% | added | |
| 22 | SMCI SUPER MICRO COMPUTER INC | Technology | 0.6% | $7.6m | 158,074 | 57% | added |
| 23 | JMUB J P MORGAN EXCHANGE TRADED F | 0.5% | $6.1m | 121,690 | 1956% | added | |
| 24 | SUB ISHARES TR | 0.4% | $4.4m | 40,790 | – | new | |
| 25 | ICVT ISHARES TR | 0.4% | $4.1m | 41,194 | – | new | |
| 26 | JANUS DETROIT STR TR | 0.3% | $3.7m | 70,826 | – | new | |
| 27 | AMD ADVANCED MICRO DEVICES INC | Technology | 0.3% | $3.5m | 21,450 | 948% | added |
| 28 | BLACKROCK ETF TRUST II | 0.3% | $3.3m | 66,588 | – | new | |
| 29 | VANGUARD MUN BD FDS | 0.3% | $3.1m | 41,766 | 85% | added | |
| 30 | PLTR PALANTIR TECHNOLOGIES INC | Technology | 0.3% | $3.0m | 16,369 | -41% | reduced |
| 31 | WISDOMTREE INC | 0.2% | $2.9m | 1,801,000 | – | new | |
| 32 | INVESCO EXCH TRD SLF IDX FD | 0.2% | $2.3m | 100,000 | 31150% | added | |
| 33 | MUNI PIMCO ETF TR | 0.2% | $2.3m | 43,725 | – | new | |
| 34 | NOVA LTD | 0.2% | $2.1m | 500,000 | – | new | |
| 35 | VANGUARD WELLINGTON FD | 0.2% | $1.9m | 18,697 | -14% | reduced | |
| 36 | INVESCO EXCH TRD SLF IDX FD | 0.2% | $1.8m | 71,907 | – | new | |
| 37 | ISHARES TR | 0.1% | $1.5m | 28,595 | 482% | added | |
| 38 | SCMB SCHWAB STRATEGIC TR | 0.1% | $1.5m | 59,020 | -41% | reduced | |
| 39 | BLACKROCK ETF TRUST II | 0.1% | $1.5m | 29,550 | -38% | reduced | |
| 40 | NEW YORK LIFE INVTS ACTIVE E | 0.1% | $1.5m | 61,038 | 121% | added | |
| 41 | INVESCO EXCH TRD SLF IDX FD | 0.1% | $1.5m | 60,193 | -47% | reduced | |
| 42 | FIRST TR EXCH TRADED FD III | 0.1% | $1.5m | 30,767 | 779% | added | |
| 43 | WISDOMTREE TR | 0.1% | $1.4m | 23,982 | – | new | |
| 44 | VANECK ETF TRUST | 0.1% | $1.3m | 58,807 | 85% | added | |
| 45 | ISHARES TR | 0.1% | $1.3m | 48,261 | 22% | added | |
| 46 | VANGUARD CALIF TAX FREE FDS | 0.1% | $1.2m | 12,275 | – | new | |
| 47 | ITM VANECK ETF TRUST | 0.1% | $1.1m | 24,193 | – | new | |
| 48 | FRANKLIN TEMPLETON ETF TR | 0.1% | $1.1m | 43,243 | – | new | |
| 49 | FIRST TR EXCH TRADED FD III | 0.1% | $1.1m | 52,583 | 120% | added | |
| 50 | J P MORGAN EXCHANGE TRADED F | 0.1% | $981.2k | 19,538 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.