ADAPT Investment Managers SA holds a focused book of 27 reported positions worth $441.2M as of Q2 2026 (disclosed Jul 27, 2026, a ~27-day 13F lag). This quarter they opened Vaneck Semiconductor ETF and trimmed Amazon.com Inc. Their largest long position is Nvidia Corp at 13% of the reported non-option book. They also disclosed $10.0B in put options (a bearish bet) and $2.1B in call options (bullish), shown separately below and excluded from the non-option book. Cloning the disclosed picks since 2025 would be +38% (+22.9%/yr). That is a simulation of the disclosed long book, not audited returns.
ADAPT Investment Managers SA is a market maker: this book is hedging inventory, not directional conviction.
The reported book (valued from quarter-end) returned +60.4%, a 22.1-point gap that is the cost of the ~27-day 13F disclosure lag a real follower can't avoid.
Growth of $10,000 cloning ADAPT Investment Managers SA's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~27 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.
Top-heavy: focused book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
80% mapped to company sectors
+1 sector below the cut, under 0.5% together
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis
Other tracked managers holding the same core names as ADAPT Investment Managers SA
| Manager / fund | Shared names | Their $ in those |
|---|---|---|
| Donor Advised Charitable Giving, Inc. | 3 / 27 | $4.4B |
| GLP Holdings LLLP | 2 / 27 | $106.9M |
| Palidye Holdings (Caymans) Ltd | 3 / 27 | $532.2M |
| Prospect Hill Management, LLC | 7 / 27 | $226.8M |
| Stenham Asset Management Ltd | 2 / 27 | $119.6M |
| Hoffman, Alan N Investment Management | 5 / 27 | $138.9M |
| Hoey Investments, Inc | 20 / 27 | $582.7M |
| 9823 Capital, L.P. | 4 / 27 | $108.0M |
Ranked by the share of each fund's own book sitting in the names it shares with ADAPT Investment Managers SA: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.
Bars show each position's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | Nvidia Corporation COM | $59.1M | 295.6K | 13.4% | ▲+329% Added · +227K sh | |
| 2 | Microsoft Corp COM | $48.4M | 129.7K | 11.0% | ▲+197% Added · +86K sh | |
| 3 | Vaneck ETF Trust SEMICONDUCTR ETF | $41.9M | 63.9K | 9.5% | ▲New New position | |
| 4 | Broadcom Inc COM | $39.6M | 104.9K | 9.0% | ▲131× Added · +104K sh | |
| 5 | Meta Platforms Inc CL A | $35.5M | 63.0K | 8.0% | ▲+13% Added · +7K sh | |
| 6 | Kraneshares Trust CSI CHI INTERNET | $29.0M | 1.18M | 6.6% | ▲New New position | |
| 7 | SPDR Gold TR GOLD SHS | $25.9M | 70.2K | 5.9% | ▲+75% Added · +30K sh | |
| 8 | Ishares Inc MSCI JAPAN ETF | $19.0M | 203.2K | 4.3% | ▲New New position | |
| 9 | Alphabet Inc CAP STK CL C | $18.8M | 53.1K | 4.3% | ▲New New position | |
| 10 | Amazon Com Inc COM | $17.2M | 72.0K | 3.9% | ▼−63% Reduced · −124K sh | |
| 11 | Texas Instrs Inc COM | $15.6M | 52.4K | 3.5% | ▼−65% Reduced · −96K sh | |
| 12 | Nike Inc CL B | $12.7M | 310.1K | 2.9% | ▲+249% Added · +221K sh | |
| 13 | Palantir Technologies Inc CL A | $12.7M | 108.6K | 2.9% | ▲362× Added · +108K sh | |
| 14 | Pfizer Inc COM | $11.2M | 465.8K | 2.5% | ▲New New position | |
| 15 | Autodesk Inc COM | $11.1M | 57.1K | 2.5% | ▲+339% Added · +44K sh | |
| 16 | Oracle Corp COM | $9.5M | 64.8K | 2.2% | ▲+30% Added · +15K sh | |
| 17 | Exxon Mobil Corp COM | $8.1M | 59.1K | 1.8% | —Held | |
| 18 | Apple Inc COM | $5.7M | 19.5K | 1.3% | ▲+462% Added · +16K sh | |
| 19 | Gilead Sciences Inc COM | $4.8M | 38.4K | 1.1% | ▼−39% Reduced · −25K sh | |
| 20 | Wells Fargo & Co COM | $4.6M | 56.0K | 1.0% | ▼−1.2% Reduced · −660 sh | |
| 21 | Verizon Communications Inc COM | $4.2M | 99.9K | 1.0% | ▲New New position | |
| 22 | ConocoPhillips COM | $3.7M | 35.7K | 0.8% | ▲New New position | |
| 23 | Tesla Inc COM | $1.2M | 2.9K | 0.3% | ▼−92% Reduced · −34K sh | |
| 24 | Salesforce Inc COM | $784K | 5.0K | 0.2% | ▼−77% Reduced · −17K sh | |
| 25 | Royal Caribbean Group COM | $601K | 1.9K | 0.1% | ▼−87% Reduced · −12K sh | |
| 26 | Wynn Resorts Ltd COM | $237K | 2.4K | 0.1% | ▲37× Added · +2K sh | |
| 27 | Analog Devices Inc COM | $107K | 270 | <0.1% | ▲New New position |
This market maker page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.
curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/2029917/holdings"
Use Arkolith to show ADAPT Investment Managers SA's latest holdings, largest changes, and filing provenance.
Put / call positions from the 13F — totals include every disclosed option leg
| Type | Underlying | Notional value | Underlying shares |
|---|---|---|---|
| PUT · bearish | ADVANCED MICRO DEVICESAMD | $2.6B | 4.4M |
| PUT · bearish | MICRON TECHNOLOGY INCMU | $1.2B | 1.0M |
| PUT · bearish | SS TECHNOLOGY SELECT SECTORXLK | $762.1M | 4.0M |
| PUT · bearish | NVIDIA CORPNVDA | $660.3M | 3.3M |
| PUT · bearish | ISHR IBX USD HIYLD CB ETF-UIHYG | $599.8M | 7.5M |
| PUT · bearish | TESLA INCTSLA | $525.8M | 1.3M |
| PUT · bearish | ISHARES MSCI EMERGING MARKETEEM | $342.1M | 5.0M |
| PUT · bearish | DELL TECHNOLOGIES -CDELL | $332.2M | 770K |
| PUT · bearish | OKTA INCOKTA | $286.9M | 2.1M |
| CALL · bullish | ISHARES MSCI EMERGING MARKETEEM | $273.6M | 4.0M |
| CALL · bullish | NVIDIA CORPNVDA | $240.1M | 1.2M |
| PUT · bearish | BROADCOM INCAVGO | $226.7M | 600K |
| PUT · bearish | META PLATFORMS INC-CLASS AMETA | $208.4M | 370K |
| CALL · bullish | SS MATERIALS SELECT SECTORXLB | $177.9M | 3.5M |
| PUT · bearish | INTL BUSINESS MACHINES CORPIBM | $172.2M | 613K |
| PUT · bearish | INTEL CORPINTC | $167.6M | 1.2M |
| PUT · bearish | SNOWFLAKE INCSNOW | $165.4M | 650K |
| CALL · bullish | INTL BUSINESS MACHINES CORPIBM | $161.7M | 575K |
| PUT · bearish | UNITEDHEALTH GROUP INCUNH | $145.3M | 350K |
| PUT · bearish | ALPHABET INC-CL CGOOG | $141.3M | 400K |
| CALL · bullish | ADOBE INCADBE | $135.5M | 661K |
| PUT · bearish | MARVELL TECHNOLOGY INCMRVL | $119.2M | 400K |
| CALL · bullish | MICROSOFT CORPMSFT | $115.3M | 309K |
| CALL · bullish | META PLATFORMS INC-CLASS AMETA | $94.4M | 168K |
| PUT · bearish | ADOBE INCADBE | $86.3M | 421K |
13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the non-option book, weighting, concentration and sector figures above. Showing the largest 25 of 106 option legs.
As-of date vs the date the SEC received each filing
Reported 13F total per quarter. Raw filing totals can include option notional.
| Quarter | As of | Filed | Lag | Positions | Value | Form |
|---|---|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | Jul 27, 2026 | 27d | 133 | $12.6B | 13F-HR |
| Q1 2026 | Mar 31, 2026 | May 15, 2026 | 45d | 133 | $7.6B | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Feb 17, 2026 | 48d | 142 | $13.6B | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Oct 29, 2025 | 29d | 124 | $10.6B | 13F-HR |
| Q2 2025 | Jun 30, 2025 | Jul 24, 2025 | 24d | 88 | $8.0B | 13F-HR |
| Q1 2025 | Mar 31, 2025 | May 14, 2025 | 44d | 60 | $2.9B | 13F-HR |
| Q4 2024 | Dec 31, 2024 | Feb 14, 2025 | 45d | 91 | $3.9B | 13F-HR |
Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.