Filed: 11/14/2025ACC: 0000908834-25-000342
📋 What this filing means
LOMBARD ODIER ASSET MANAGEMENT (USA) CORP filed this quarterly 13F‑HR report disclosing 376 equity positions with a total reported market value of $1.49B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
376
Positions
$1.49B
Total AUM (reported)
100.11M
Total Shares
Allocation by class
COM$661.67M44.4%
TR UNIT$319.95M21.5%
CL A$63.14M4.2%
S&P OILGAS EXP$55.52M3.7%
COM CL A$49.64M3.3%
COM NEW$47.48M3.2%
GOLD MINERS ETF$45.84M3.1%
Portfolio Concentration
Top 3$442.47M29.7%
4–10$260.19M17.5%
11–25$256.95M17.2%
Rest$530.97M35.6%
Top 3 weight
29.7%
Top 10 weight
47.1%
Voting Authority Distribution
Total shares with voting rights: 100.11M
Sole
Full voting authority
100.11M
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
Other376
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings376
Rows:
SPDR S&P 500 ETF TR
OTRShares480.28K
TypeSH
Market value$319.95M
21.47%
Sole
480.28K
Shared
0.00
None
0.00
AMERICAN AIRLS GROUP INC
OTRShares5.96M
TypeSH
Market value$66.99M
4.49%
Sole
5.96M
Shared
0.00
None
0.00
SPDR SERIES TRUST
OTRShares420K
TypeSH
Market value$55.52M
3.72%
Sole
420K
Shared
0.00
None
0.00
AVIS BUDGET GROUP
OTRShares345K
TypeSH
Market value$55.40M
3.72%
Sole
345K
Shared
0.00
None
0.00
VANECK ETF TRUST
OTRShares600K
TypeSH
Market value$45.84M
3.08%
Sole
600K
Shared
0.00
None
0.00
ISHARES TR
OTRShares447K
TypeSH
Market value$39.95M
2.68%
Sole
447K
Shared
0.00
None
0.00
RIVIAN AUTOMOTIVE INC
OTRShares2.53M
TypeSH
Market value$37.19M
2.50%
Sole
2.53M
Shared
0.00
None
0.00
PBF ENERGY INC
OTRShares950K
TypeSH
Market value$28.66M
1.92%
Sole
950K
Shared
0.00
None
0.00
BRISTOL-MYERS SQUIBB CO
OTRShares600K
TypeSH
Market value$27.06M
1.82%
Sole
600K
Shared
0.00
None
0.00
GILEAD SCIENCES INC
OTRShares235K
TypeSH
Market value$26.09M
1.75%
Sole
235K
Shared
0.00
None
0.00
COMCAST CORP NEW
OTRShares750K
TypeSH
Market value$23.57M
1.58%
Sole
750K
Shared
0.00
None
0.00
PFIZER INC
OTRShares900K
TypeSH
Market value$22.93M
1.54%
Sole
900K
Shared
0.00
None
0.00
STRATEGY INC
OTRShares14M
TypePRN
Market value$22.07M
1.48%
Sole
14M
Shared
0.00
None
0.00
MERCK & CO INC
OTRShares260K
TypeSH
Market value$21.82M
1.46%
Sole
260K
Shared
0.00
None
0.00
CITIGROUP INC
OTRShares200K
TypeSH
Market value$20.30M
1.36%
Sole
200K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
OTRShares57.13K
TypeSH
Market value$19.73M
1.32%
Sole
57.13K
Shared
0.00
None
0.00
INVESCO QQQ TR
OTRShares30K
TypeSH
Market value$18.01M
1.21%
Sole
30K
Shared
0.00
None
0.00
ISHARES TR
OTRShares70.97K
TypeSH
Market value$17.17M
1.15%
Sole
70.97K
Shared
0.00
None
0.00
RIVIAN AUTOMOTIVE INC
OTRShares15M
TypePRN
Market value$15.58M
1.05%
Sole
15M
Shared
0.00
None
0.00
NCL CORP LTD
OTRShares14.50M
TypePRN
Market value$14.90M
1.00%
Sole
14.50M
Shared
0.00
None
0.00
KOHLS CORP
OTRShares930K
TypeSH
Market value$14.29M
0.96%
Sole
930K
Shared
0.00
None
0.00
NEWMONT CORP
OTRShares150K
TypeSH
Market value$12.65M
0.85%
Sole
150K
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC
OTRShares264K
TypeSH
Market value$11.60M
0.78%
Sole
264K
Shared
0.00
None
0.00
SIMON PPTY GROUP INC NEW
OTRShares60K
TypeSH
Market value$11.26M
0.76%
Sole
60K
Shared
0.00
None
0.00
BAUSCH HEALTH COS INC
OTRShares1.72M
TypeSH
Market value$11.07M
0.74%
Sole
1.72M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TROTR | TR UNIT | 480.28K | SH | $319.95M 21.47% | 480.28K | 0.00 | 0.00 |
AMERICAN AIRLS GROUP INCOTR | COM | 5.96M | SH | $66.99M 4.49% | 5.96M | 0.00 | 0.00 |
SPDR SERIES TRUSTOTR | S&P OILGAS EXP | 420K | SH | $55.52M 3.72% | 420K | 0.00 | 0.00 |
AVIS BUDGET GROUPOTR | COM | 345K | SH | $55.40M 3.72% | 345K | 0.00 | 0.00 |
VANECK ETF TRUSTOTR | GOLD MINERS ETF | 600K | SH | $45.84M 3.08% | 600K | 0.00 | 0.00 |
ISHARES TROTR | 20 YR TR BD ETF | 447K | SH | $39.95M 2.68% | 447K | 0.00 | 0.00 |
RIVIAN AUTOMOTIVE INCOTR | COM CL A | 2.53M | SH | $37.19M 2.50% | 2.53M | 0.00 | 0.00 |
PBF ENERGY INCOTR | CL A | 950K | SH | $28.66M 1.92% | 950K | 0.00 | 0.00 |
BRISTOL-MYERS SQUIBB COOTR | COM | 600K | SH | $27.06M 1.82% | 600K | 0.00 | 0.00 |
GILEAD SCIENCES INCOTR | COM | 235K | SH | $26.09M 1.75% | 235K | 0.00 | 0.00 |
COMCAST CORP NEWOTR | CL A | 750K | SH | $23.57M 1.58% | 750K | 0.00 | 0.00 |
PFIZER INCOTR | COM | 900K | SH | $22.93M 1.54% | 900K | 0.00 | 0.00 |
STRATEGY INCOTR | NOTE 0.875% 3/1 | 14M | PRN | $22.07M 1.48% | 14M | 0.00 | 0.00 |
MERCK & CO INCOTR | COM | 260K | SH | $21.82M 1.46% | 260K | 0.00 | 0.00 |
CITIGROUP INCOTR | COM NEW | 200K | SH | $20.30M 1.36% | 200K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCOTR | COM | 57.13K | SH | $19.73M 1.32% | 57.13K | 0.00 | 0.00 |
INVESCO QQQ TROTR | UNIT SER 1 | 30K | SH | $18.01M 1.21% | 30K | 0.00 | 0.00 |
ISHARES TROTR | RUSSELL 2000 ETF | 70.97K | SH | $17.17M 1.15% | 70.97K | 0.00 | 0.00 |
RIVIAN AUTOMOTIVE INCOTR | NOTE 4.625% 3/1 | 15M | PRN | $15.58M 1.05% | 15M | 0.00 | 0.00 |
NCL CORP LTDOTR | NOTE 1.125% 2/1 | 14.50M | PRN | $14.90M 1.00% | 14.50M | 0.00 | 0.00 |
KOHLS CORPOTR | COM | 930K | SH | $14.29M 0.96% | 930K | 0.00 | 0.00 |
NEWMONT CORPOTR | COM | 150K | SH | $12.65M 0.85% | 150K | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INCOTR | COM | 264K | SH | $11.60M 0.78% | 264K | 0.00 | 0.00 |
SIMON PPTY GROUP INC NEWOTR | COM | 60K | SH | $11.26M 0.76% | 60K | 0.00 | 0.00 |
BAUSCH HEALTH COS INCOTR | COM | 1.72M | SH | $11.07M 0.74% | 1.72M | 0.00 | 0.00 |
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