Filed: 5/15/2025ACC: 0000908834-25-000173
📋 What this filing means
LOMBARD ODIER ASSET MANAGEMENT (USA) CORP filed this quarterly 13F‑HR report disclosing 170 equity positions with a total reported market value of $1.27B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
170
Positions
$1.27B
Total AUM (reported)
97.83M
Total Shares
Allocation by class
COM$626.16M49.4%
TR UNIT$176.77M13.9%
S&P OILGAS EXP$69.28M5.5%
SHS$65.62M5.2%
20 YR TR BD ETF$55.07M4.3%
GOLD MINERS ETF$47.81M3.8%
COM NEW$43.15M3.4%
Portfolio Concentration
Top 3$410.36M32.4%
4–10$281.66M22.2%
11–25$249.08M19.6%
Rest$327.12M25.8%
Top 3 weight
32.4%
Top 10 weight
54.6%
Voting Authority Distribution
Total shares with voting rights: 97.83M
Sole
Full voting authority
97.83M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other170
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings170
Rows:
SPDR S&P 500 ETF TR
OTRShares316K
TypeSH
Market value$176.77M
13.94%
Sole
316K
Shared
0.00
None
0.00
AMERICAN AIRLS GROUP INC
OTRShares15.58M
TypeSH
Market value$164.32M
12.96%
Sole
15.58M
Shared
0.00
None
0.00
SPDR SER TR
OTRShares526K
TypeSH
Market value$69.28M
5.46%
Sole
526K
Shared
0.00
None
0.00
ISHARES TR
OTRShares605K
TypeSH
Market value$55.07M
4.34%
Sole
605K
Shared
0.00
None
0.00
NORWEGIAN CRUISE LINE HLDG L
OTRShares2.67M
TypeSH
Market value$50.72M
4.00%
Sole
2.67M
Shared
0.00
None
0.00
VANECK ETF TRUST
OTRShares1.04M
TypeSH
Market value$47.81M
3.77%
Sole
1.04M
Shared
0.00
None
0.00
BRISTOL-MYERS SQUIBB CO
OTRShares600K
TypeSH
Market value$36.59M
2.89%
Sole
600K
Shared
0.00
None
0.00
AVIS BUDGET GROUP
OTRShares416K
TypeSH
Market value$31.57M
2.49%
Sole
416K
Shared
0.00
None
0.00
BAUSCH HEALTH COS INC
OTRShares4.88M
TypeSH
Market value$31.54M
2.49%
Sole
4.88M
Shared
0.00
None
0.00
MICROSTRATEGY INC
OTRShares20M
TypePRN
Market value$28.35M
2.24%
Sole
20M
Shared
0.00
None
0.00
GILEAD SCIENCES INC
OTRShares235K
TypeSH
Market value$26.33M
2.08%
Sole
235K
Shared
0.00
None
0.00
COMCAST CORP NEW
OTRShares650K
TypeSH
Market value$23.98M
1.89%
Sole
650K
Shared
0.00
None
0.00
INTERNATIONAL BUSINESS MACHS
OTRShares92.50K
TypeSH
Market value$23.00M
1.81%
Sole
92.50K
Shared
0.00
None
0.00
PFIZER INC
OTRShares900K
TypeSH
Market value$22.81M
1.80%
Sole
900K
Shared
0.00
None
0.00
RIVIAN AUTOMOTIVE INC
OTRShares1.81M
TypeSH
Market value$22.53M
1.78%
Sole
1.81M
Shared
0.00
None
0.00
MERCK & CO INC
OTRShares195K
TypeSH
Market value$17.50M
1.38%
Sole
195K
Shared
0.00
None
0.00
RIVIAN AUTOMOTIVE INC
OTRShares15M
TypePRN
Market value$14.53M
1.15%
Sole
15M
Shared
0.00
None
0.00
CITIGROUP INC
OTRShares200K
TypeSH
Market value$14.20M
1.12%
Sole
200K
Shared
0.00
None
0.00
NCL CORP LTD
OTRShares14.50M
TypePRN
Market value$14.10M
1.11%
Sole
14.50M
Shared
0.00
None
0.00
CONAGRA BRANDS INC
OTRShares500K
TypeSH
Market value$13.34M
1.05%
Sole
500K
Shared
0.00
None
0.00
PBF ENERGY INC
OTRShares650K
TypeSH
Market value$12.41M
0.98%
Sole
650K
Shared
0.00
None
0.00
CARNIVAL CORP
OTRShares630.84K
TypeSH
Market value$12.32M
0.97%
Sole
630.84K
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC
OTRShares260K
TypeSH
Market value$11.79M
0.93%
Sole
260K
Shared
0.00
None
0.00
KINDER MORGAN INC DEL
OTRShares360K
TypeSH
Market value$10.27M
0.81%
Sole
360K
Shared
0.00
None
0.00
SIMON PPTY GROUP INC NEW
OTRShares60K
TypeSH
Market value$9.96M
0.79%
Sole
60K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TROTR | TR UNIT | 316K | SH | $176.77M 13.94% | 316K | 0.00 | 0.00 |
AMERICAN AIRLS GROUP INCOTR | COM | 15.58M | SH | $164.32M 12.96% | 15.58M | 0.00 | 0.00 |
SPDR SER TROTR | S&P OILGAS EXP | 526K | SH | $69.28M 5.46% | 526K | 0.00 | 0.00 |
ISHARES TROTR | 20 YR TR BD ETF | 605K | SH | $55.07M 4.34% | 605K | 0.00 | 0.00 |
NORWEGIAN CRUISE LINE HLDG LOTR | SHS | 2.67M | SH | $50.72M 4.00% | 2.67M | 0.00 | 0.00 |
VANECK ETF TRUSTOTR | GOLD MINERS ETF | 1.04M | SH | $47.81M 3.77% | 1.04M | 0.00 | 0.00 |
BRISTOL-MYERS SQUIBB COOTR | COM | 600K | SH | $36.59M 2.89% | 600K | 0.00 | 0.00 |
AVIS BUDGET GROUPOTR | COM | 416K | SH | $31.57M 2.49% | 416K | 0.00 | 0.00 |
BAUSCH HEALTH COS INCOTR | COM | 4.88M | SH | $31.54M 2.49% | 4.88M | 0.00 | 0.00 |
MICROSTRATEGY INCOTR | NOTE 0.875% 3/1 | 20M | PRN | $28.35M 2.24% | 20M | 0.00 | 0.00 |
GILEAD SCIENCES INCOTR | COM | 235K | SH | $26.33M 2.08% | 235K | 0.00 | 0.00 |
COMCAST CORP NEWOTR | CL A | 650K | SH | $23.98M 1.89% | 650K | 0.00 | 0.00 |
INTERNATIONAL BUSINESS MACHSOTR | COM | 92.50K | SH | $23.00M 1.81% | 92.50K | 0.00 | 0.00 |
PFIZER INCOTR | COM | 900K | SH | $22.81M 1.80% | 900K | 0.00 | 0.00 |
RIVIAN AUTOMOTIVE INCOTR | COM CL A | 1.81M | SH | $22.53M 1.78% | 1.81M | 0.00 | 0.00 |
MERCK & CO INCOTR | COM | 195K | SH | $17.50M 1.38% | 195K | 0.00 | 0.00 |
RIVIAN AUTOMOTIVE INCOTR | NOTE 4.625% 3/1 | 15M | PRN | $14.53M 1.15% | 15M | 0.00 | 0.00 |
CITIGROUP INCOTR | COM NEW | 200K | SH | $14.20M 1.12% | 200K | 0.00 | 0.00 |
NCL CORP LTDOTR | NOTE 1.125% 2/1 | 14.50M | PRN | $14.10M 1.11% | 14.50M | 0.00 | 0.00 |
CONAGRA BRANDS INCOTR | COM | 500K | SH | $13.34M 1.05% | 500K | 0.00 | 0.00 |
PBF ENERGY INCOTR | CL A | 650K | SH | $12.41M 0.98% | 650K | 0.00 | 0.00 |
CARNIVAL CORPOTR | UNIT 99/99/9999 | 630.84K | SH | $12.32M 0.97% | 630.84K | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INCOTR | COM | 260K | SH | $11.79M 0.93% | 260K | 0.00 | 0.00 |
KINDER MORGAN INC DELOTR | COM | 360K | SH | $10.27M 0.81% | 360K | 0.00 | 0.00 |
SIMON PPTY GROUP INC NEWOTR | COM | 60K | SH | $9.96M 0.79% | 60K | 0.00 | 0.00 |
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