Elequin Capital, LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Elequin Capital, LP disclosed 392 US equity positions worth $765.6m in its Q4 2025 13F filing. The largest position was MSFT at 15.8% of the reported book, followed by TSLA and NVDA. Against the Q3 2025 filing, it opened 18 new positions, added to 21 and reduced 10 among the top 50 holdings.
What did Elequin Capital, LP own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT CORP | Technology | 15.8% | $120.9m | 250,007 | 67% | added |
| 2 | TSLA TESLA INC | Consumer Cyclical | 15.6% | $119.7m | 266,109 | -42% | reduced |
| 3 | NVDA NVIDIA CORPORATION | Technology | 11.2% | $85.9m | 460,680 | 176% | added |
| 4 | AXON AXON ENTERPRISE INC | 9.2% | $70.1m | 27,856,000 | – | new | |
| 5 | BITWISE SOLANA STAKING ETF | 8.4% | $64.5m | 3,935,600 | – | new | |
| 6 | AMZN AMAZON COM INC | Consumer Cyclical | 4.5% | $34.6m | 150,000 | -40% | reduced |
| 7 | SPY SPDR S&P 500 ETF TR | 4.0% | $30.7m | 45,019 | 4489% | added | |
| 8 | BOX INC | 3.5% | $26.9m | 22,938,000 | – | new | |
| 9 | AMD ADVANCED MICRO DEVICES INC | Technology | 2.9% | $22.3m | 104,185 | 386% | added |
| 10 | AVGO BROADCOM INC | Technology | 2.3% | $17.3m | 50,000 | 0% | held |
| 11 | GRAYSCALE SOLANA TR ETF | 2.1% | $15.9m | 1,750,605 | – | new | |
| 12 | AAPL APPLE INC | Technology | 1.8% | $13.6m | 50,001 | 5000000% | added |
| 13 | EXPEDIA GROUP INC | 1.5% | $11.6m | 10,415,000 | – | new | |
| 14 | BITB BITWISE BITCOIN ETF TR | 1.0% | $7.6m | 160,000 | -59% | reduced | |
| 15 | JMST J P MORGAN EXCHANGE TRADED F | 0.9% | $7.2m | 140,871 | -43% | reduced | |
| 16 | FIDELITY SOLANA FD | 0.7% | $5.4m | 367,718 | – | new | |
| 17 | ENTREPRENEURSHARES SERIES TR | 0.7% | $5.0m | 250,000 | – | new | |
| 18 | DFNM DIMENSIONAL ETF TRUST | 0.6% | $4.8m | 99,324 | 99224% | added | |
| 19 | FRANKLIN TEMPLETON ETF TR | 0.6% | $4.6m | 186,702 | 332% | added | |
| 20 | MSTR STRATEGY INC | Technology | 0.6% | $4.6m | 29,957 | -3% | reduced |
| 21 | COIN COINBASE GLOBAL INC | Financial Services | 0.6% | $4.4m | 19,386 | -88% | reduced |
| 22 | INVESCO EXCH TRD SLF IDX FD | 0.5% | $3.7m | 155,296 | – | new | |
| 23 | PLTR PALANTIR TECHNOLOGIES INC | Technology | 0.4% | $3.4m | 19,369 | 18% | added |
| 24 | HYMB SPDR SERIES TRUST | 0.4% | $3.3m | 132,744 | 2715% | added | |
| 25 | NEW YORK LIFE INVTS ACTIVE E | 0.4% | $3.3m | 134,234 | 120% | added | |
| 26 | VANGUARD MUN BD FDS | 0.3% | $2.7m | 35,296 | -15% | reduced | |
| 27 | VANGUARD NY TAX FREE FDS | 0.3% | $2.4m | 23,631 | 11100% | added | |
| 28 | J P MORGAN EXCHANGE TRADED F | 0.3% | $2.3m | 46,481 | 138% | added | |
| 29 | INVESCO EXCH TRD SLF IDX FD | 0.3% | $2.3m | 87,759 | 360% | added | |
| 30 | AB ACTIVE ETFS INC | 0.3% | $2.2m | 88,061 | – | new | |
| 31 | INVESCO EXCH TRD SLF IDX FD | 0.3% | $2.2m | 85,314 | – | new | |
| 32 | VANECK SOLANA TR | 0.3% | $2.1m | 130,000 | – | new | |
| 33 | VIAV VIAVI SOLUTIONS INC | 0.3% | $2.0m | 1,500,000 | – | new | |
| 34 | INVESCO EXCH TRD SLF IDX FD | 0.2% | $1.8m | 77,936 | 92% | added | |
| 35 | DIMENSIONAL ETF TRUST | 0.2% | $1.7m | 34,156 | – | new | |
| 36 | INVESCO EXCH TRD SLF IDX FD | 0.2% | $1.5m | 72,685 | 470% | added | |
| 37 | PIMCO ETF TR | 0.2% | $1.5m | 29,419 | 307% | added | |
| 38 | PWZ INVESCO EXCH TRADED FD TR II | 0.2% | $1.5m | 60,957 | 591% | added | |
| 39 | BLACKROCK ETF TRUST II | 0.2% | $1.5m | 29,065 | -2% | reduced | |
| 40 | INVESCO EXCH TRD SLF IDX FD | 0.2% | $1.5m | 65,980 | – | new | |
| 41 | VANGUARD MUN BD FDS | 0.2% | $1.4m | 14,062 | – | new | |
| 42 | IBIT ISHARES BITCOIN TRUST ETF | 0.2% | $1.4m | 27,955 | -97% | reduced | |
| 43 | INVESCO EXCH TRD SLF IDX FD | 0.2% | $1.3m | 55,747 | – | new | |
| 44 | IWD ISHARES TR | 0.2% | $1.3m | 6,204 | 63% | added | |
| 45 | TLTW ISHARES TR | 0.2% | $1.2m | 54,389 | – | new | |
| 46 | PIMCO ETF TR | 0.2% | $1.2m | 26,579 | 175% | added | |
| 47 | NEW YORK LIFE INVTS ACTIVE E | 0.2% | $1.2m | 49,371 | 97% | added | |
| 48 | ISHARES TR | 0.2% | $1.2m | 45,439 | – | new | |
| 49 | BLACKROCK ETF TRUST II | 0.1% | $1.1m | 22,978 | -65% | reduced | |
| 50 | VANGUARD MUN BD FDS | 0.1% | $1.1m | 14,399 | 23% | added |
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.