Arkolith/Funds/Alphadyne Asset Management LP

Alphadyne Asset Management LP

CIK 1535943Market maker
Holdings as of Jun 30, 2026·disclosed Aug 14, 2026·~45-day 13F lag·13F-HR
Active Filer

Alphadyne Asset Management LP holds a concentrated book of 204 reported positions worth $2.2B as of Q2 2026 (disclosed Aug 14, 2026, a ~45-day 13F lag). This quarter Space Exploration Techn-CL A first appears in 13F filings, a listing rather than a purchase; they opened SS SPDR S&P 500 ETF Trust-US and trimmed Microsoft Corp. Their largest long position is SS SPDR S&P 500 ETF Trust-US at 57% of the reported non-option book. They also disclosed $4.0B in put options (a bearish bet) and $4.3B in call options (bullish), shown separately below and excluded from the non-option book.

Alphadyne Asset Management LP is a market maker: this book is hedging inventory, not directional conviction.

Opened
98
bought for the first time
+95 more · largest first
1 newly reportable · first quarter we see the security in 13F filings, a listing not a purchase
Sold out
64
exited the position entirely
+61 more · largest first, by prior value

How much sits in the biggest positions

Top-heavy: concentrated book

Top 5 holdings
84%
Top 10 holdings
88%
Top 20 holdings
91%

Excluding SS SPDR S&P 500 ETF Trust-US (57% of the book), the rest is a concentrated book:

Top 5 of the rest
65%
Top 10 of the rest
72%
Top 20 of the rest
80%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

20% mapped to company sectors

ETFs / funds
80%
Information Technology
11%
Energy
2%
Materials
2%
Industrials
1%
Financials
1%
Consumer Discretionary
1%

+4 sectors below the cut, 2% 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.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited
Newly reportable· first quarter we see the security in 13F filings · position value, not a trade

Funds with the most overlap

Other tracked managers holding the same core names as Alphadyne Asset Management LP

Manager / fundShared namesTheir $ in those
Emerald Advisors, LLC17 / 80$605.2M
New World Advisors LLC22 / 80$434.2M
Wallace Hart LLC10 / 80$113.1M
Marest Capital, LLC9 / 80$135.7M
XP Advisory US, Inc.8 / 80$121.7M
Trust Asset Management LLC29 / 80$1.0B
AXS Investments LLC37 / 80$224.7M
Shulman DeMeo Asset Management LLC19 / 80$325.6M

Ranked by the share of each fund's own book sitting in the names it shares with Alphadyne Asset Management LP: 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.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

204 positions
State STR SPDR S&P 500 ETF T is 57.3% of the book
#SecurityValueShares% PortLast moveHistory
1State STR SPDR S&P 500 ETF T
TR UNIT
$1.3B1.70M
57.3%
New
New position
2Invesco QQQ TR
UNIT SER 1
$400.7M544.1K
18.1%
New
New position
3Ishares TR
RUSSELL 2000 ETF
$88.5M294.5K
4.0%
New
New position
4Micron Technology Inc
COM
$77.5M67.1K
3.5%
+108%
Added · +35K sh
5Microsoft Corp
COM
$28.3M75.8K
1.3%
−59%
Reduced · −109K sh
6Taiwan Semiconductor Manufac
SPONSORED ADS
$23.3M48.7K
1.1%
−6.3%
Reduced · −3K sh
7Alibaba Group Hldg Ltd
SPONSORED ADS
$17.8M185.9K
0.8%
+169%
Added · +117K sh
8Palo Alto Networks Inc
COM
$12.4M36.4K
0.6%
19×
Added · +34K sh
9Meta Platforms Inc
CL A
$11.7M20.8K
0.5%
−21%
Reduced · −6K sh
10Broadcom Inc
COM
$9.8M25.9K
0.4%
New
New position
11Synopsys Inc
COM
$8.8M19.6K
0.4%
+149%
Added · +12K sh
12CF Industries Hold
COM
$8.5M78.6K
0.4%
−58%
Reduced · −107K sh
13Adobe Inc
COM
$8.2M40.1K
0.4%
−50%
Reduced · −41K sh
14Lockheed Martin Corp
COM
$7.9M15.5K
0.4%
+15%
Added · +2K sh
15Exxon Mobil Corp
COM
$7.8M56.8K
0.4%
New
New position
16Autodesk Inc
COM
$7.4M38.0K
0.3%
158×
Added · +38K sh
17Alcoa Corp
COM
$6.9M132.5K
0.3%
+93%
Added · +64K sh
18Nutrien Ltd
COM
$6.9M109.6K
0.3%
−8.5%
Reduced · −10K sh
19Salesforce Inc
COM
$6.6M42.3K
0.3%
−42%
Reduced · −31K sh
20Intuitive Surgical Inc
COM NEW
$6.3M15.8K
0.3%
+326%
Added · +12K sh
21Space Exploration Techn Corp
CLASS A COM STK
$6.2M36.1K
0.3%
Listed
Newly reportable
22Walmart Inc
COM
$6.1M54.1K
0.3%
−2.4%
Reduced · −1K sh
23Costco Wholesale Corporation
COM
$5.9M6.3K
0.3%
+562%
Added · +5K sh
24Ishares TR
US HOME CONS ETF
$5.5M52.3K
0.2%
+1.2%
Added · +646 sh
25Cme Group Inc
COM
$5.3M24.1K
0.2%
−20%
Reduced · −6K sh
26Workday Inc
CL A
$5.1M41.9K
0.2%
+284%
Added · +31K sh
27Marathon Pete Corp
COM
$5.0M19.7K
0.2%
−51%
Reduced · −21K sh
28Lyondellbasell Industries NV
SHS - A -
$4.9M92.8K
0.2%
New
New position
29PBF Energy Inc
CL A
$4.8M105.1K
0.2%
−4.5%
Reduced · −5K sh
30Halliburton Co
COM
$4.6M136.8K
0.2%
New
New position
31Moodys Corp
COM
$4.6M10.1K
0.2%
+153%
Added · +6K sh
32Diamondback Energy Inc
COM
$4.4M25.0K
0.2%
New
New position
33Select Sector SPDR TR
ST STR ENERG ETF
$4.0M76.1K
0.2%
New
New position
34Hubspot Inc
COM
$4.0M22.1K
0.2%
+94%
Added · +11K sh
35Dow Hldgs Inc
COM
$3.9M143.3K
0.2%
New
New position
36Eog Res Inc
COM
$3.7M28.2K
0.2%
New
New position
37Cloudflare Inc
CL A COM
$3.6M14.8K
0.2%
+275%
Added · +11K sh
38Crowdstrike Hldgs Inc
CL A
$3.5M18.4K
0.2%
+0.6%
Added · +119 sh
39Cadence Design System Inc
COM
$3.3M8.9K
0.2%
−22%
Reduced · −3K sh
40Suncor Energy Inc New
COM
$3.3M62.3K
0.2%
New
New position
41Cheniere Energy Inc
COM NEW
$3.3M13.8K
0.1%
New
New position
42Sap SE
SPON ADR
$3.3M21.3K
0.1%
−63%
Reduced · −36K sh
43Servicenow Inc
COM
$3.2M32.3K
0.1%
−54%
Reduced · −38K sh
44Valero Energy Corp
COM
$3.1M12.1K
0.1%
−17%
Reduced · −2K sh
45Rio Tinto PLC
SPONSORED ADR
$2.9M30.4K
0.1%
−24%
Reduced · −10K sh
46Hershey Co
COM
$2.6M15.0K
0.1%
−23%
Reduced · −4K sh
47Grupo Financiero Galicia S.a
SPONSORED ADR
$2.5M50.7K
0.1%
+1.3%
Added · +626 sh
48Baker Hughes Company
CL A
$2.5M45.1K
0.1%
New
New position
49Chevron Corporation
COM
$2.3M14.1K
0.1%
New
New position
50Zeta Global Holdings Corp
CL A
$2.3M117.2K
0.1%
+757%
Added · +104K sh
Showing 50 of 204 positions
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Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$4.0B
Call notional (bullish)$4.3B
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishINVESCO QQQ TRUST SERIES 1QQQ$930.8M1.3M
CALL · bullishINVESCO QQQ TRUST SERIES 1QQQ$846.6M1.1M
CALL · bullishMICRON TECHNOLOGY INCMU$189.8M164K
CALL · bullishMICROSOFT CORPMSFT$177.2M475K
CALL · bullishSANDISK CORPSNDK$116.0M51K
CALL · bullishISHARES RUSSELL 2000 ETFIWM$94.6M315K
PUT · bearishALPHABET INC-CL AGOOGL$88.2M247K
CALL · bullishALPHABET INC-CL CGOOG$83.5M236K
CALL · bullishALPHABET INC-CL AGOOGL$82.3M230K
PUT · bearishAPPLE INCAAPL$82.1M284K
CALL · bullishSS SPDR S&P 500 ETF TRUST-USSPY$80.5M108K
CALL · bullishBROADCOM INCAVGO$79.5M210K
CALL · bullishCISCO SYSTEMS INCCSCO$77.6M661K
CALL · bullishVANECK OIL SERVICES ETFOIH$74.4M200K
PUT · bearishAMAZON.COM INCAMZN$74.1M311K
CALL · bullishAPPLE INCAAPL$71.6M247K
CALL · bullishAMAZON.COM INCAMZN$70.0M294K
PUT · bearishJOHNSON & JOHNSONJNJ$61.8M243K
PUT · bearishMICRON TECHNOLOGY INCMU$59.9M52K
CALL · bullishISHARES MSCI TAIWAN ETFEWT$59.2M545K
PUT · bearishMICROSOFT CORPMSFT$56.9M153K
CALL · bullishCOSTCO WHOLESALE CORPCOST$55.8M60K
PUT · bearishVANECK SEMICONDUCTOR ETFSMH$55.4M85K
PUT · bearishISHARES 20+ YEAR TREASURY BDTLT$53.7M621K
CALL · bullishNVIDIA CORPNVDA$52.0M260K

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 653 option legs.

Filing history

As-of date vs the date the SEC received each filing

$10.5B · Q2 2026Q3 2020 · $745.1MQ2 2026 · $10.5B

Reported 13F total per quarter, log scale (the range spans more than 20x). Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Aug 14, 202645d857$10.5B13F-HR
Q1 2026Mar 31, 2026May 15, 202645d876$5.8B13F-HR
Q4 2025Dec 31, 2025Feb 17, 202648d863$4.3B13F-HR
Q3 2025Sep 30, 2025Nov 14, 202545d298$1.2B13F-HR
Q2 2025Jun 30, 2025Aug 14, 202545d166$549.2M13F-HR
Q1 2025Mar 31, 2025May 15, 202545d16$1.2B13F-HR
Q4 2024Dec 31, 2024Feb 14, 202545d21$632.7M13F-HR
Q3 2024Sep 30, 2024Nov 14, 202445d16$672.5M13F-HR
Q2 2024Jun 30, 2024Aug 14, 202445d29$579.6M13F-HR
Q1 2024Mar 31, 2024May 15, 202445d23$353.0M13F-HR
Q4 2023Dec 31, 2023Feb 14, 202445d26$273.9M13F-HR
Q3 2023Sep 30, 2023Nov 14, 202345d181$1.3B13F-HR
Q2 2023Jun 30, 2023Aug 14, 202345d125$823.0M13F-HR
Q1 2023Mar 31, 2023May 15, 202345d43$895.8M13F-HR
Q4 2022Dec 31, 2022Feb 14, 202345d30$682.2M13F-HR
Q3 2022Sep 30, 2022Nov 14, 202245d43$315K13F-HR
Q2 2022Jun 30, 2022Aug 10, 202241d11$345.3M13F-HR
Q1 2022Mar 31, 2022May 16, 202246d9$131.5M13F-HR
Q4 2021Dec 31, 2021Feb 9, 202240d5$157.9M13F-HR
Q3 2021Sep 30, 2021Nov 15, 202146d4$157.6M13F-HR
Q2 2021Jun 30, 2021Aug 16, 202147d5$180.3M13F-HR
Q1 2021Mar 31, 2021May 17, 202147d5$122.2M13F-HR
Q4 2020Dec 31, 2020Feb 16, 202147d6$183.6M13F-HR
Q3 2020Sep 30, 2020Nov 16, 202047d10$745.1M13F-HR

Data source

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. Price-derived performance is withheld until the price-source policy and freshness gate are green.