Filed: 8/18/2025ACC: 0000927337-25-000022
📋 What this filing means
WOLVERINE TRADING, LLC filed this quarterly 13F‑HR report disclosing 2038 equity positions with a total reported market value of $99.35B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
2038
Positions
$99.35B
Total AUM (reported)
672.24M
Total Shares
Allocation by class
COM$46.54B46.8%
TR UNIT$15.33B15.4%
CL A$10.03B10.1%
COM CL A$4.03B4.1%
CL A NEW$3.31B3.3%
GOLD SHS$2.18B2.2%
COM NEW$1.91B1.9%
Portfolio Concentration
Top 3$27.09B27.3%
4–10$20.72B20.9%
11–25$14.66B14.8%
Rest$36.87B37.1%
Top 3 weight
27.3%
Top 10 weight
48.1%
Voting Authority Distribution
Total shares with voting rights: 0.00
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
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
Other2038
Dominant voting typeNone · 0.0% of voting shares
Institutional Holdings2038
Rows:
SPDR S&P 500 ETF TR
DFNDShares24.93M
TypeSH
Market value$15.33B
15.43%
Sole
0.00
Shared
0.00
None
0.00
NVIDIA CORPORATION
DFNDShares41.10M
TypeSH
Market value$6.48B
6.53%
Sole
0.00
Shared
0.00
None
0.00
TESLA INC
DFNDShares16.31M
TypeSH
Market value$5.28B
5.31%
Sole
0.00
Shared
0.00
None
0.00
META PLATFORMS INC
DFNDShares7M
TypeSH
Market value$5.13B
5.17%
Sole
0.00
Shared
0.00
None
0.00
MICROSOFT CORP
DFNDShares7.15M
TypeSH
Market value$3.55B
3.57%
Sole
0.00
Shared
0.00
None
0.00
MICROSTRATEGY INC
DFNDShares8.54M
TypeSH
Market value$3.28B
3.30%
Sole
0.00
Shared
0.00
None
0.00
NETFLIX INC
DFNDShares2.40M
TypeSH
Market value$3.18B
3.20%
Sole
0.00
Shared
0.00
None
0.00
SPDR GOLD TR
DFNDShares7.25M
TypeSH
Market value$2.18B
2.20%
Sole
0.00
Shared
0.00
None
0.00
ISHARES TR
DFNDShares8.64M
TypeSH
Market value$1.86B
1.87%
Sole
0.00
Shared
0.00
None
0.00
BOOKING HOLDINGS INC
DFNDShares271.02K
TypeSH
Market value$1.54B
1.55%
Sole
0.00
Shared
0.00
None
0.00
SPDR DOW JONES INDL AVERAGE
DFNDShares3.27M
TypeSH
Market value$1.43B
1.44%
Sole
0.00
Shared
0.00
None
0.00
COINBASE GLOBAL INC
DFNDShares3.87M
TypeSH
Market value$1.37B
1.38%
Sole
0.00
Shared
0.00
None
0.00
PALANTIR TECHNOLOGIES INC
DFNDShares10.25M
TypeSH
Market value$1.34B
1.35%
Sole
0.00
Shared
0.00
None
0.00
BROADCOM INC
DFNDShares4.93M
TypeSH
Market value$1.33B
1.34%
Sole
0.00
Shared
0.00
None
0.00
ELI LILLY & CO
DFNDShares1.57M
TypeSH
Market value$1.22B
1.22%
Sole
0.00
Shared
0.00
None
0.00
GOLDMAN SACHS GROUP INC
DFNDShares1.57M
TypeSH
Market value$1.08B
1.09%
Sole
0.00
Shared
0.00
None
0.00
ALPHABET INC
DFNDShares5.91M
TypeSH
Market value$1.06B
1.06%
Sole
0.00
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
DFNDShares1.05M
TypeSH
Market value$1.03B
1.04%
Sole
0.00
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
DFNDShares3.12M
TypeSH
Market value$964.19M
0.97%
Sole
0.00
Shared
0.00
None
0.00
CROWDSTRIKE HLDGS INC
DFNDShares1.56M
TypeSH
Market value$780.80M
0.79%
Sole
0.00
Shared
0.00
None
0.00
ALPHABET INC
DFNDShares3.88M
TypeSH
Market value$691.73M
0.70%
Sole
0.00
Shared
0.00
None
0.00
ISHARES TR
DFNDShares7.36M
TypeSH
Market value$643.38M
0.65%
Sole
0.00
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
DFNDShares2.73M
TypeSH
Market value$624.65M
0.63%
Sole
0.00
Shared
0.00
None
0.00
VANGUARD INDEX FDS
DFNDShares1M
TypeSH
Market value$568.54M
0.57%
Sole
0.00
Shared
0.00
None
0.00
SERVICENOW INC
DFNDShares525.75K
TypeSH
Market value$537.54M
0.54%
Sole
0.00
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TRDFND | TR UNIT | 24.93M | SH | $15.33B 15.43% | 0.00 | 0.00 | 0.00 |
NVIDIA CORPORATIONDFND | COM | 41.10M | SH | $6.48B 6.53% | 0.00 | 0.00 | 0.00 |
TESLA INCDFND | COM | 16.31M | SH | $5.28B 5.31% | 0.00 | 0.00 | 0.00 |
META PLATFORMS INCDFND | CL A | 7M | SH | $5.13B 5.17% | 0.00 | 0.00 | 0.00 |
MICROSOFT CORPDFND | COM | 7.15M | SH | $3.55B 3.57% | 0.00 | 0.00 | 0.00 |
MICROSTRATEGY INCDFND | CL A NEW | 8.54M | SH | $3.28B 3.30% | 0.00 | 0.00 | 0.00 |
NETFLIX INCDFND | COM | 2.40M | SH | $3.18B 3.20% | 0.00 | 0.00 | 0.00 |
SPDR GOLD TRDFND | GOLD SHS | 7.25M | SH | $2.18B 2.20% | 0.00 | 0.00 | 0.00 |
ISHARES TRDFND | RUSSELL 2000 ETF | 8.64M | SH | $1.86B 1.87% | 0.00 | 0.00 | 0.00 |
BOOKING HOLDINGS INCDFND | COM | 271.02K | SH | $1.54B 1.55% | 0.00 | 0.00 | 0.00 |
SPDR DOW JONES INDL AVERAGEDFND | UT SER 1 | 3.27M | SH | $1.43B 1.44% | 0.00 | 0.00 | 0.00 |
COINBASE GLOBAL INCDFND | COM CL A | 3.87M | SH | $1.37B 1.38% | 0.00 | 0.00 | 0.00 |
PALANTIR TECHNOLOGIES INCDFND | CL A | 10.25M | SH | $1.34B 1.35% | 0.00 | 0.00 | 0.00 |
BROADCOM INCDFND | COM | 4.93M | SH | $1.33B 1.34% | 0.00 | 0.00 | 0.00 |
ELI LILLY & CODFND | COM | 1.57M | SH | $1.22B 1.22% | 0.00 | 0.00 | 0.00 |
GOLDMAN SACHS GROUP INCDFND | COM | 1.57M | SH | $1.08B 1.09% | 0.00 | 0.00 | 0.00 |
ALPHABET INCDFND | CAP STK CL A | 5.91M | SH | $1.06B 1.06% | 0.00 | 0.00 | 0.00 |
COSTCO WHSL CORP NEWDFND | COM | 1.05M | SH | $1.03B 1.04% | 0.00 | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCDFND | COM | 3.12M | SH | $964.19M 0.97% | 0.00 | 0.00 | 0.00 |
CROWDSTRIKE HLDGS INCDFND | CL A | 1.56M | SH | $780.80M 0.79% | 0.00 | 0.00 | 0.00 |
ALPHABET INCDFND | CAP STK CL C | 3.88M | SH | $691.73M 0.70% | 0.00 | 0.00 | 0.00 |
ISHARES TRDFND | 20 YR TR BD ETF | 7.36M | SH | $643.38M 0.65% | 0.00 | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDDFND | SPONSORED ADS | 2.73M | SH | $624.65M 0.63% | 0.00 | 0.00 | 0.00 |
VANGUARD INDEX FDSDFND | S&P 500 ETF SHS | 1M | SH | $568.54M 0.57% | 0.00 | 0.00 | 0.00 |
SERVICENOW INCDFND | COM | 525.75K | SH | $537.54M 0.54% | 0.00 | 0.00 | 0.00 |
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