Arkolith/Funds/Limestone Investment Advisors LP

Limestone Investment Advisors LP

CIK 2075597Market maker
Holdings as of Jun 30, 2026·disclosed Aug 14, 2026·~45-day 13F lag·13F-HR
Active Filer

Limestone Investment Advisors LP holds a focused book of 152 reported positions worth $199.5M as of Q2 2026 (disclosed Aug 14, 2026, a ~45-day 13F lag). This quarter they opened Berkshire Hathaway Inc-CL A and trimmed Alphabet Inc-CL A. Their largest long position is SS SPDR S&P 500 ETF Trust-US at 27% of the reported non-option book. They also disclosed $612.9M in put options (a bearish bet) and $534.1M in call options (bullish), shown separately below and excluded from the non-option book.

Limestone Investment Advisors LP is a market maker: this book is hedging inventory, not directional conviction.

How much sits in the biggest positions

Top-heavy: focused book

Top 5 holdings
41%
Top 10 holdings
55%
Top 20 holdings
68%

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

73% mapped to company sectors

ETFs / funds
27%
Financials
18%
Information Technology
17%
Industrials
11%
Materials
9%
Consumer Discretionary
6%
Real Estate
5%
Communication Services
2%

+5 sectors below the cut, 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.

Biggest moves: latest quarter

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

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Limestone Investment Advisors LP

Manager / fundShared namesTheir $ in those
Mirae Asset Global Investments Co., Ltd.52 / 80$272.9B
Trust Asset Management LLC25 / 80$1.0B
Independent Investors Inc10 / 80$328.8M
Coronation Fund Managers Ltd.14 / 80$1.6B
CV Advisors LLC11 / 80$310.3M
Shulman DeMeo Asset Management LLC10 / 80$305.4M
Montaka Global Pty Ltd9 / 80$100.4M
Grace & Mercy Foundation, Inc.10 / 80$226.8M

Ranked by the share of each fund's own book sitting in the names it shares with Limestone Investment Advisors 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.

152 positions
#SecurityValueShares% PortLast moveHistory
1State STR SPDR S&P 500 ETF T
TR UNIT
$54.5M73.0K
27.3%
+645%
Added · +63K sh
2Nextpower Inc
CLASS A COM
$7.6M63.6K
3.8%
+13%
Added · +7K sh
3Alphabet Inc
CAP STK CL A
$7.1M19.7K
3.5%
−49%
Reduced · −19K sh
4Nike Inc
CL B
$6.8M165.9K
3.4%
+424%
Added · +134K sh
5Apple Inc
COM
$6.3M21.9K
3.2%
−24%
Reduced · −7K sh
6Millrose Pptys Inc
COM CL A
$6.1M203.8K
3.1%
Held
7Aercap Holdings NV
SHS
$6.0M41.2K
3.0%
Held
8Alibaba Group Hldg Ltd
SPONSORED ADS
$5.3M55.5K
2.7%
+48%
Added · +18K sh
9Berkshire Hathaway Inc Del
CL A
$5.2M7
2.6%
New
New position
10Barclays Bank PLC
IPATH S&P 500 SH
$4.7M211.9K
2.3%
+375%
Added · +167K sh
11Rio Tinto PLC
SPONSORED ADR
$3.6M37.8K
1.8%
Held
12Netflix Inc.
COM
$3.5M49.6K
1.8%
New
New position
13Coinbase Global Inc
COM CL A
$2.7M18.8K
1.4%
Held
14Petroleo Brasileiro S A
SPONSORED ADR
$2.6M161.6K
1.3%
+83%
Added · +73K sh
15Disney Walt Co
COM
$2.3M24.3K
1.2%
−26%
Reduced · −9K sh
16Freeport McMoran Inc
CL B
$2.2M35.4K
1.1%
+639%
Added · +31K sh
17Newmont Corp
COM
$2.2M23.5K
1.1%
39×
Added · +23K sh
18Sea Ltd
SPONSORD ADS
$1.9M20.2K
1.0%
−3.9%
Reduced · −828 sh
19Uber Technologies Inc
COM
$1.9M26.7K
1.0%
−36%
Reduced · −15K sh
20Jd.com Inc
SPON ADS CL A
$1.9M74.1K
0.9%
Held
21Datadog Inc
CL A COM
$1.8M7.0K
0.9%
New
New position
22Ke Hldgs Inc
SPONSORED ADS
$1.8M121.7K
0.9%
Held
23Icici Bank Limited
ADR
$1.7M57.3K
0.8%
Held
24Biontech SE
SPONSORED ADS
$1.6M17.2K
0.8%
Held
25Full Truck Alliance Co Ltd
SPONSORED ADS
$1.6M195.4K
0.8%
Held
26Itau Unibanco Hldg S A
SPON ADR REP PFD
$1.6M190.6K
0.8%
Held
27American Tower Corp
COM
$1.6M9.5K
0.8%
New
New position
28Constellation Energy Corp
COM
$1.5M6.2K
0.8%
+40%
Added · +2K sh
29Mercadolibre Inc
COM
$1.5M900
0.8%
Held
30Drugs Made In Amer Acq II Co
USD ORD SHS
$1.5M151.0K
0.8%
13×
Added · +139K sh
31Sony Group Corp
SPONSORED ADR
$1.5M75.0K
0.8%
Held
32Visa Inc
COM CL A
$1.5M4.3K
0.7%
−69%
Reduced · −10K sh
33Carnival Corp Ltd
COMMON SHARES
$1.5M51.0K
0.7%
New
New position
34Apex Tech Acquisition Inc
ORD SHS
$1.4M143.3K
0.7%
New
New position
35Microsoft Corp
COM
$1.4M3.8K
0.7%
−88%
Reduced · −27K sh
36Meta Platforms Inc
CL A
$1.4M2.5K
0.7%
−87%
Reduced · −16K sh
37Novo-Nordisk A S
ADR
$1.4M29.1K
0.7%
−48%
Reduced · −27K sh
38Check Point Software Tech LT
ORD
$1.3M10.1K
0.7%
−29%
Reduced · −4K sh
39Mitsubishi Ufj Financial Gro
SPONSORED ADS
$1.2M59.2K
0.6%
Held
40Sumitomo Mitsui Fin Grp Inc
SPONSORED ADR
$1.1M47.9K
0.6%
Held
41Msci Inc
COM
$1.1M2.0K
0.6%
Held
42Texas Instrs Inc
COM
$1.0M3.5K
0.5%
+100%
Added · +2K sh
43Gigcapital8 Corp
ORD CL A
$1.0M101.0K
0.5%
New
New position
44RF Acquisition Corp III
ORD SHS
$990K100.0K
0.5%
+41%
Added · +29K sh
45PDD Holdings Inc
SPONSORED ADS
$956K12.5K
0.5%
−42%
Reduced · −9K sh
46Trip Com Group Ltd
ADS
$935K23.5K
0.5%
−47%
Reduced · −21K sh
47S&P Global Inc
COM
$933K2.3K
0.5%
+1.8%
Added · +40 sh
48XFLH Cap Corp
ORD SHS
$909K91.2K
0.5%
+54%
Added · +32K sh
49Unilever PLC
SPON ADR NEW
$902K15.0K
0.5%
Held
50SLB Limited
COM STK
$891K19.2K
0.4%
New
New position
Showing 50 of 152 positions
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Largest options & derivatives disclosed

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

Put notional (bearish)$612.9M
Call notional (bullish)$534.1M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishSS SPDR S&P 500 ETF TRUST-USSPY$224.6M301K
CALL · bullishSS SPDR S&P 500 ETF TRUST-USSPY$73.9M99K
CALL · bullishISHARES MSCI EAFE ETFEFA$28.6M275K
CALL · bullishAPPLE INCAAPL$23.6M82K
PUT · bearishAPPLE INCAAPL$22.9M79K
CALL · bullishALPHABET INC-CL AGOOGL$20.2M57K
CALL · bullishCITIGROUP INCC$19.6M140K
CALL · bullishCISCO SYSTEMS INCCSCO$18.2M155K
CALL · bullishAMAZON.COM INCAMZN$17.4M73K
CALL · bullishBANK OF AMERICA CORPBAC$16.9M296K
PUT · bearishBANK OF AMERICA CORPBAC$15.0M263K
PUT · bearishASML HOLDING NV-NY REG SHSASML$13.3M7K
PUT · bearishALPHABET INC-CL AGOOGL$12.9M36K
PUT · bearishGOLDMAN SACHS GROUP INCGS$11.7M12K
CALL · bullishALIBABA GROUP HOLDING-SP ADRBABA$11.2M117K
CALL · bullishJPMORGAN CHASE & COJPM$11.2M34K
PUT · bearishNIKE INC -CL BNKE$11.1M269K
PUT · bearishJPMORGAN CHASE & COJPM$10.9M33K
CALL · bullishPEPSICO INCPEP$10.8M80K
PUT · bearishCITIGROUP INCC$10.7M77K
CALL · bullishUNITEDHEALTH GROUP INCUNH$10.6M25K
CALL · bullishNETFLIX INCNFLX$10.5M147K
PUT · bearishUNITEDHEALTH GROUP INCUNH$10.4M25K
CALL · bullishMETA PLATFORMS INC-CLASS AMETA$10.4M18K
CALL · bullishSPOTIFY TECHNOLOGY SASPOT$10.1M22K

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 406 option legs.

Filing history

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

$1.3B · Q2 2026Q2 2025 · $1.1BQ2 2026 · $1.3B

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Aug 14, 202645d558$1.3B13F-HR
Q1 2026Mar 31, 2026May 15, 202645d399$1.2B13F-HR
Q4 2025Dec 31, 2025Feb 17, 202648d446$1.0B13F-HR
Q3 2025Sep 30, 2025Nov 13, 202544d521$1.3B13F-HR
Q2 2025Jun 30, 2025Aug 14, 202545d481$1.1B13F-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.