Filed: 11/14/2025ACC: 0000905148-25-004041
📋 What this filing means
BLUECREST CAPITAL MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 135 equity positions with a total reported market value of $4.33B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
135
Positions
$4.33B
Total AUM (reported)
169.84M
Total Shares
Allocation by class
COM$1.14B26.3%
GOLD SHS$738.20M17.1%
UNIT SER 1$661.97M15.3%
S&P 100 ETF$307.93M7.1%
TR UNIT$208.18M4.8%
CAP STK CL A$134.86M3.1%
CL A$108.90M2.5%
Portfolio Concentration
Top 3$1.71B39.5%
4–10$1.19B27.5%
11–25$771.56M17.8%
Rest$656.49M15.2%
Top 3 weight
39.5%
Top 10 weight
67.0%
Voting Authority Distribution
Total shares with voting rights: 169.84M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
45.36M
shares
% of voting shares26.7%
None
No voting authority
124.48M
shares
% of voting shares73.3%
Investment Discretion (by position count)
Sole0
Shared0
Other135
Dominant voting typeNone · 73.3% of voting shares
Institutional Holdings135
Rows:
SPDR GOLD TR
OTRShares2.08M
TypeSH
Market value$738.20M
17.05%
Sole
0.00
Shared
2.08M
None
0.00
INVESCO QQQ TR
OTRShares1.10M
TypeSH
Market value$661.97M
15.29%
Sole
0.00
Shared
1.10M
None
0.00
ISHARES TR
OTRShares925.17K
TypeSH
Market value$307.93M
7.11%
Sole
0.00
Shared
925.17K
None
0.00
NVIDIA CORPORATION
OTRShares1.23M
TypeSH
Market value$229.71M
5.31%
Sole
0.00
Shared
1.23M
None
0.00
MICROSOFT CORP
OTRShares442.72K
TypeSH
Market value$229.31M
5.30%
Sole
0.00
Shared
442.72K
None
0.00
SPDR S&P 500 ETF TR
OTRShares312.50K
TypeSH
Market value$208.18M
4.81%
Sole
0.00
Shared
312.50K
None
0.00
PG&E CORP
OTRShares9.87M
TypeSH
Market value$148.79M
3.44%
Sole
0.00
Shared
9.87M
None
0.00
ALPHABET INC
OTRShares554.76K
TypeSH
Market value$134.86M
3.12%
Sole
0.00
Shared
554.76K
None
0.00
CROCS INC
OTRShares1.60M
TypeSH
Market value$133.68M
3.09%
Sole
0.00
Shared
1.60M
None
0.00
SPDR SERIES TRUST
OTRShares815.05K
TypeSH
Market value$107.75M
2.49%
Sole
0.00
Shared
815.05K
None
0.00
AMAZON COM INC
OTRShares480.26K
TypeSH
Market value$105.45M
2.44%
Sole
0.00
Shared
480.26K
None
0.00
KRANESHARES TRUST
OTRShares2.13M
TypeSH
Market value$89.38M
2.07%
Sole
0.00
Shared
2.13M
None
0.00
ISHARES TR
OTRShares1.05M
TypeSH
Market value$85.25M
1.97%
Sole
0.00
Shared
1.05M
None
0.00
META PLATFORMS INC
OTRShares100.99K
TypeSH
Market value$74.17M
1.71%
Sole
0.00
Shared
100.99K
None
0.00
ISHARES ETHEREUM TR
OTRShares2.05M
TypeSH
Market value$64.69M
1.49%
Sole
0.00
Shared
2.05M
None
0.00
ISHARES BITCOIN TRUST ETF
OTRShares800K
TypeSH
Market value$52.00M
1.20%
Sole
0.00
Shared
800K
None
0.00
CRITEO S A
OTRShares2.26M
TypeSH
Market value$51.08M
1.18%
Sole
0.00
Shared
2.26M
None
0.00
VANECK ETF TRUST
OTRShares533K
TypeSH
Market value$40.72M
0.94%
Sole
0.00
Shared
533K
None
0.00
ELI LILLY & CO
OTRShares50.50K
TypeSH
Market value$38.53M
0.89%
Sole
0.00
Shared
50.50K
None
0.00
GARRETT MOTION INC
OTRShares2.68M
TypeSH
Market value$36.54M
0.84%
Sole
0.00
Shared
2.68M
None
0.00
VERTIV HOLDINGS CO
OTRShares200K
TypeSH
Market value$30.17M
0.70%
Sole
0.00
Shared
200K
None
0.00
ALIBABA GROUP HLDG LTD
OTRShares15.50M
TypePRN
Market value$28.50M
0.66%
Sole
0.00
Shared
0.00
None
15.50M
RUBRIK INC.
OTRShares315K
TypeSH
Market value$25.91M
0.60%
Sole
0.00
Shared
315K
None
0.00
CIENA CORP
OTRShares170K
TypeSH
Market value$24.76M
0.57%
Sole
0.00
Shared
170K
None
0.00
ISHARES TR
OTRShares227.50K
TypeSH
Market value$24.40M
0.56%
Sole
0.00
Shared
227.50K
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR GOLD TROTR | GOLD SHS | 2.08M | SH | $738.20M 17.05% | 0.00 | 2.08M | 0.00 |
INVESCO QQQ TROTR | UNIT SER 1 | 1.10M | SH | $661.97M 15.29% | 0.00 | 1.10M | 0.00 |
ISHARES TROTR | S&P 100 ETF | 925.17K | SH | $307.93M 7.11% | 0.00 | 925.17K | 0.00 |
NVIDIA CORPORATIONOTR | COM | 1.23M | SH | $229.71M 5.31% | 0.00 | 1.23M | 0.00 |
MICROSOFT CORPOTR | COM | 442.72K | SH | $229.31M 5.30% | 0.00 | 442.72K | 0.00 |
SPDR S&P 500 ETF TROTR | TR UNIT | 312.50K | SH | $208.18M 4.81% | 0.00 | 312.50K | 0.00 |
PG&E CORPOTR | COM | 9.87M | SH | $148.79M 3.44% | 0.00 | 9.87M | 0.00 |
ALPHABET INCOTR | CAP STK CL A | 554.76K | SH | $134.86M 3.12% | 0.00 | 554.76K | 0.00 |
CROCS INCOTR | COM | 1.60M | SH | $133.68M 3.09% | 0.00 | 1.60M | 0.00 |
SPDR SERIES TRUSTOTR | S&P OILGAS EXP | 815.05K | SH | $107.75M 2.49% | 0.00 | 815.05K | 0.00 |
AMAZON COM INCOTR | COM | 480.26K | SH | $105.45M 2.44% | 0.00 | 480.26K | 0.00 |
KRANESHARES TRUSTOTR | CSI CHI INTERNET | 2.13M | SH | $89.38M 2.07% | 0.00 | 2.13M | 0.00 |
ISHARES TROTR | IBOXX HI YD ETF | 1.05M | SH | $85.25M 1.97% | 0.00 | 1.05M | 0.00 |
META PLATFORMS INCOTR | CL A | 100.99K | SH | $74.17M 1.71% | 0.00 | 100.99K | 0.00 |
ISHARES ETHEREUM TROTR | SHS | 2.05M | SH | $64.69M 1.49% | 0.00 | 2.05M | 0.00 |
ISHARES BITCOIN TRUST ETFOTR | SHS BEN INT | 800K | SH | $52.00M 1.20% | 0.00 | 800K | 0.00 |
CRITEO S AOTR | SPONS ADS | 2.26M | SH | $51.08M 1.18% | 0.00 | 2.26M | 0.00 |
VANECK ETF TRUSTOTR | GOLD MINERS ETF | 533K | SH | $40.72M 0.94% | 0.00 | 533K | 0.00 |
ELI LILLY & COOTR | COM | 50.50K | SH | $38.53M 0.89% | 0.00 | 50.50K | 0.00 |
GARRETT MOTION INCOTR | COM | 2.68M | SH | $36.54M 0.84% | 0.00 | 2.68M | 0.00 |
VERTIV HOLDINGS COOTR | COM CL A | 200K | SH | $30.17M 0.70% | 0.00 | 200K | 0.00 |
ALIBABA GROUP HLDG LTDOTR | NOTE 0.500% 6/0 | 15.50M | PRN | $28.50M 0.66% | 0.00 | 0.00 | 15.50M |
RUBRIK INC.OTR | CL A | 315K | SH | $25.91M 0.60% | 0.00 | 315K | 0.00 |
CIENA CORPOTR | COM NEW | 170K | SH | $24.76M 0.57% | 0.00 | 170K | 0.00 |
ISHARES TROTR | US HOME CONS ETF | 227.50K | SH | $24.40M 0.56% | 0.00 | 227.50K | 0.00 |
Page 1 of 6
…