Filed: 8/14/2025ACC: 0000908834-25-000253
📋 What this filing means
LOMBARD ODIER ASSET MANAGEMENT (USA) CORP filed this quarterly 13F‑HR report disclosing 323 equity positions with a total reported market value of $1.31B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
323
Positions
$1.31B
Total AUM (reported)
113.07M
Total Shares
Allocation by class
COM$669.96M51.0%
TR UNIT$117.55M8.9%
SHS$64.57M4.9%
CL A$56.62M4.3%
COM NEW$54.18M4.1%
S&P OILGAS EXP$53.97M4.1%
20 YR TR BD ETF$44.57M3.4%
Portfolio Concentration
Top 3$274.34M20.9%
4–10$287.55M21.9%
11–25$283.06M21.6%
Rest$468.49M35.7%
Top 3 weight
20.9%
Top 10 weight
42.8%
Voting Authority Distribution
Total shares with voting rights: 113.07M
Sole
Full voting authority
113.07M
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
Other323
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings323
Rows:
SPDR S&P 500 ETF TR
OTRShares190.26K
TypeSH
Market value$117.55M
8.95%
Sole
190.26K
Shared
0.00
None
0.00
AMERICAN AIRLS GROUP INC
OTRShares8.46M
TypeSH
Market value$94.92M
7.23%
Sole
8.46M
Shared
0.00
None
0.00
AVIS BUDGET GROUP
OTRShares366K
TypeSH
Market value$61.87M
4.71%
Sole
366K
Shared
0.00
None
0.00
SPDR SERIES TRUST
OTRShares429K
TypeSH
Market value$53.97M
4.11%
Sole
429K
Shared
0.00
None
0.00
NORWEGIAN CRUISE LINE HLDG L
OTRShares2.49M
TypeSH
Market value$50.45M
3.84%
Sole
2.49M
Shared
0.00
None
0.00
ISHARES TR
OTRShares505K
TypeSH
Market value$44.57M
3.39%
Sole
505K
Shared
0.00
None
0.00
MICROSTRATEGY INC
OTRShares20M
TypePRN
Market value$37.91M
2.89%
Sole
20M
Shared
0.00
None
0.00
RIVIAN AUTOMOTIVE INC
OTRShares2.54M
TypeSH
Market value$34.91M
2.66%
Sole
2.54M
Shared
0.00
None
0.00
BAUSCH HEALTH COS INC
OTRShares5.05M
TypeSH
Market value$33.63M
2.56%
Sole
5.05M
Shared
0.00
None
0.00
VANECK ETF TRUST
OTRShares617K
TypeSH
Market value$32.12M
2.45%
Sole
617K
Shared
0.00
None
0.00
BRISTOL-MYERS SQUIBB CO
OTRShares600K
TypeSH
Market value$27.77M
2.11%
Sole
600K
Shared
0.00
None
0.00
HERBALIFE LTD
OTRShares3.20M
TypeSH
Market value$27.61M
2.10%
Sole
3.20M
Shared
0.00
None
0.00
COMCAST CORP NEW
OTRShares758.43K
TypeSH
Market value$27.07M
2.06%
Sole
758.43K
Shared
0.00
None
0.00
GILEAD SCIENCES INC
OTRShares235K
TypeSH
Market value$26.05M
1.98%
Sole
235K
Shared
0.00
None
0.00
UNITED AIRLS HLDGS INC
OTRShares274.06K
TypeSH
Market value$21.82M
1.66%
Sole
274.06K
Shared
0.00
None
0.00
PFIZER INC
OTRShares900K
TypeSH
Market value$21.82M
1.66%
Sole
900K
Shared
0.00
None
0.00
PBF ENERGY INC
OTRShares950K
TypeSH
Market value$20.59M
1.57%
Sole
950K
Shared
0.00
None
0.00
CITIGROUP INC
OTRShares200K
TypeSH
Market value$17.02M
1.30%
Sole
200K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
OTRShares50K
TypeSH
Market value$15.60M
1.19%
Sole
50K
Shared
0.00
None
0.00
MERCK & CO INC
OTRShares195K
TypeSH
Market value$15.44M
1.18%
Sole
195K
Shared
0.00
None
0.00
RIVIAN AUTOMOTIVE INC
OTRShares15M
TypePRN
Market value$15.27M
1.16%
Sole
15M
Shared
0.00
None
0.00
NCL CORP LTD
OTRShares14.50M
TypePRN
Market value$14.27M
1.09%
Sole
14.50M
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC
OTRShares271.14K
TypeSH
Market value$11.73M
0.89%
Sole
271.14K
Shared
0.00
None
0.00
KINDER MORGAN INC DEL
OTRShares360K
TypeSH
Market value$10.58M
0.81%
Sole
360K
Shared
0.00
None
0.00
CISCO SYS INC
OTRShares150K
TypeSH
Market value$10.41M
0.79%
Sole
150K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TROTR | TR UNIT | 190.26K | SH | $117.55M 8.95% | 190.26K | 0.00 | 0.00 |
AMERICAN AIRLS GROUP INCOTR | COM | 8.46M | SH | $94.92M 7.23% | 8.46M | 0.00 | 0.00 |
AVIS BUDGET GROUPOTR | COM | 366K | SH | $61.87M 4.71% | 366K | 0.00 | 0.00 |
SPDR SERIES TRUSTOTR | S&P OILGAS EXP | 429K | SH | $53.97M 4.11% | 429K | 0.00 | 0.00 |
NORWEGIAN CRUISE LINE HLDG LOTR | SHS | 2.49M | SH | $50.45M 3.84% | 2.49M | 0.00 | 0.00 |
ISHARES TROTR | 20 YR TR BD ETF | 505K | SH | $44.57M 3.39% | 505K | 0.00 | 0.00 |
MICROSTRATEGY INCOTR | NOTE 0.875% 3/1 | 20M | PRN | $37.91M 2.89% | 20M | 0.00 | 0.00 |
RIVIAN AUTOMOTIVE INCOTR | COM CL A | 2.54M | SH | $34.91M 2.66% | 2.54M | 0.00 | 0.00 |
BAUSCH HEALTH COS INCOTR | COM | 5.05M | SH | $33.63M 2.56% | 5.05M | 0.00 | 0.00 |
VANECK ETF TRUSTOTR | GOLD MINERS ETF | 617K | SH | $32.12M 2.45% | 617K | 0.00 | 0.00 |
BRISTOL-MYERS SQUIBB COOTR | COM | 600K | SH | $27.77M 2.11% | 600K | 0.00 | 0.00 |
HERBALIFE LTDOTR | COM SHS | 3.20M | SH | $27.61M 2.10% | 3.20M | 0.00 | 0.00 |
COMCAST CORP NEWOTR | CL A | 758.43K | SH | $27.07M 2.06% | 758.43K | 0.00 | 0.00 |
GILEAD SCIENCES INCOTR | COM | 235K | SH | $26.05M 1.98% | 235K | 0.00 | 0.00 |
UNITED AIRLS HLDGS INCOTR | COM | 274.06K | SH | $21.82M 1.66% | 274.06K | 0.00 | 0.00 |
PFIZER INCOTR | COM | 900K | SH | $21.82M 1.66% | 900K | 0.00 | 0.00 |
PBF ENERGY INCOTR | CL A | 950K | SH | $20.59M 1.57% | 950K | 0.00 | 0.00 |
CITIGROUP INCOTR | COM NEW | 200K | SH | $17.02M 1.30% | 200K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCOTR | COM | 50K | SH | $15.60M 1.19% | 50K | 0.00 | 0.00 |
MERCK & CO INCOTR | COM | 195K | SH | $15.44M 1.18% | 195K | 0.00 | 0.00 |
RIVIAN AUTOMOTIVE INCOTR | NOTE 4.625% 3/1 | 15M | PRN | $15.27M 1.16% | 15M | 0.00 | 0.00 |
NCL CORP LTDOTR | NOTE 1.125% 2/1 | 14.50M | PRN | $14.27M 1.09% | 14.50M | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INCOTR | COM | 271.14K | SH | $11.73M 0.89% | 271.14K | 0.00 | 0.00 |
KINDER MORGAN INC DELOTR | COM | 360K | SH | $10.58M 0.81% | 360K | 0.00 | 0.00 |
CISCO SYS INCOTR | COM | 150K | SH | $10.41M 0.79% | 150K | 0.00 | 0.00 |
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