Arkolith/Funds/Pine Ridge Advisers LLC

Pine Ridge Advisers LLC

CIK 1845915Hedge fund
Holdings as of Jun 30, 2026·disclosed Aug 14, 2026·~45-day 13F lag·13F-HR
Active Filer

Pine Ridge Advisers LLC holds a concentrated book of 40 reported positions worth $1.6B 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 Charles River Laboratories and trimmed SS SPDR S&P 500 ETF Trust-US. Their largest long position is SS SPDR S&P 500 ETF Trust-US at 38% of the reported non-option book. They also disclosed $36.0M in call options (bullish), shown separately below and excluded from the non-option book. Cloning the disclosed picks since 2021 would be +98% (+13.1%/yr). That is a simulation of the disclosed long book, not audited returns.

Opened
2
bought for the first time
1 newly reportable · first quarter we see the security in 13F filings, a listing not a purchase
Sold out
2
exited the position entirely

Growth of $10,000: cloning the disclosed book

If you'd copied them
+98.2%
+13.1%/yr · since Feb '21
Their reported book
+119.8%
held from quarter-end
S&P 500
+109.2%
same window
$9K$12K$15K$18K$21KFeb '21Mar '22May '23Jun '24Aug '25Sep '26
Pine Ridge Advisers LLC (copied at disclosure) S&P 500

The reported book (valued from quarter-end) returned +119.8%, a 21.6-point gap that is the cost of the ~45-day 13F disclosure lag a real follower can't avoid.

Growth of $10,000 cloning Pine Ridge Advisers LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~45 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.

How much sits in the biggest positions

Top-heavy: concentrated book

Top 5 holdings
61%
Top 10 holdings
78%
Top 20 holdings
92%

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

22% mapped to company sectors

ETFs / funds
77%
Financials
10%
Information Technology
6%
Consumer Discretionary
2%
Energy
2%
Health Care
1%
No sector on file yet
1%

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 Pine Ridge Advisers LLC

Manager / fundShared namesTheir $ in those
Shanda Asset Management Holdings Ltd5 / 40$2.1B
Innovator Capital Management, LLC7 / 40$2.9B
Donor Advised Charitable Giving, Inc.9 / 40$4.4B
West Virginia University Foundation, Inc4 / 40$1.2B
Swiss Re Ltd11 / 40$1.0B
Mirae Asset Global Investments Co., Ltd.28 / 40$276.7B
Friends Of The Cornell Lab Of Ornithology, Inc.4 / 40$114.1M
Prospect Hill Management, LLC7 / 40$235.7M

Ranked by the share of each fund's own book sitting in the names it shares with Pine Ridge Advisers LLC: 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.

40 positions
#SecurityValueShares% PortLast moveHistory
1State STR SPDR S&P 500 ETF T
TR UNIT
$612.1M819.7K
37.8%
~0%
Reduced · −333 sh
2Invesco QQQ TR
UNIT SER 1
$104.0M141.2K
6.4%
−1.1%
Reduced · −2K sh
3Ishares TR
CORE S&P500 ETF
$101.1M135.1K
6.2%
~0%
Added · +13 sh
4Vanguard Index FDS
MID CAP ETF
$98.7M1.22M
6.1%
+300%
Added · +918K sh
5Ishares TR
CORE S&P MCP ETF
$81.1M1.05M
5.0%
−3.4%
Reduced · −37K sh
6Ishares Bitcoin Trust ETF
SHS BEN INT
$74.7M2.24M
4.6%
Held
7Vanguard Tax-Managed FDS
VAN FTSE DEV MKT
$66.8M937.2K
4.1%
−4.8%
Reduced · −47K sh
8Ishares TR
CORE S&P SCP ETF
$50.7M341.9K
3.1%
−0.7%
Reduced · −2K sh
9Fidelity Wise Origin Bitcoin
SHS
$42.6M834.4K
2.6%
Held
10Vaneck ETF Trust
SEMICONDUCTR ETF
$37.0M56.5K
2.3%
−17%
Reduced · −12K sh
11Atlas Energy Solutions Inc
COM NEW
$30.6M1.84M
1.9%
Held
12Vanguard Index FDS
TOTAL STK MKT
$29.3M79.2K
1.8%
−0.3%
Reduced · −205 sh
13Ishares TR
CORE MSCI EAFE
$26.6M275.9K
1.6%
Held
14SPDR Gold TR
GOLD SHS
$26.2M71.2K
1.6%
Held
15Alphabet Inc
CAP STK CL C
$24.8M70.3K
1.5%
+11%
Added · +7K sh
16Invesco Exchange Traded FD T
S&P500 EQL WGT
$16.4M77.1K
1.0%
+1.9%
Added · +1K sh
17Tesla Inc
COM
$16.2M38.6K
1.0%
+290%
Added · +29K sh
18Nvidia Corporation
COM
$16.0M80.0K
1.0%
+100%
Added · +40K sh
19ASML Hldg NV
N Y REGISTRY SHS
$15.9M8.0K
1.0%
+78%
Added · +4K sh
20Blue Owl Technology Fin Corp
COMMON STOCK
$15.9M1.53M
1.0%
+50%
Added · +511K sh
21Alphabet Inc
CAP STK CL A
$15.3M42.8K
0.9%
Held
22Vanguard Intl Equity Index F
FTSE EMR MKT ETF
$13.2M221.1K
0.8%
−5.5%
Reduced · −13K sh
23Space Exploration Techn Corp
CLASS A COM STK
$12.8M75.0K
0.8%
Listed
Newly reportable
24Bitwise Bitcoin ETF TR
SHS BEN INT
$10.7M336.3K
0.7%
Held
25Roivant Sciences Ltd
SHS
$9.8M276.5K
0.6%
Held
26Apple Inc
COM
$9.0M31.2K
0.6%
Held
27Stubhub Hldgs Inc
CL A
$8.5M659.8K
0.5%
Held
28Ishares TR
RUSSELL 2000 ETF
$7.8M26.0K
0.5%
Held
29Charles Riv Labs Intl Inc
COM
$7.7M34.0K
0.5%
New
New position
30Amazon Com Inc
COM
$7.6M31.8K
0.5%
Held
31JPMorgan Chase & Co
COM
$7.0M21.5K
0.4%
Held
32Meta Platforms Inc
CL A
$5.8M10.2K
0.4%
Held
33Microsoft Corp
COM
$5.2M13.8K
0.3%
Held
34Vanguard Index FDS
REAL ESTATE ETF
$5.1M52.6K
0.3%
+0.9%
Added · +454 sh
35Berkshire Hathaway Inc Del
CL A
$3.7M5
0.2%
Held
36Vanguard Index FDS
S&P 500 ETF SHS
$3.5M5.1K
0.2%
Held
37Vanguard Star FDS
VG TL INTL STK F
$622K7.3K
<0.1%
Held
38Ishares TR
RUSSELL 3000 ETF
$462K1.1K
<0.1%
Held
39Ishares TR
CORE US AGGBD ET
$401K4.0K
<0.1%
+14%
Added · +505 sh
40Vanguard Index FDS
GROWTH ETF
$203K2.4K
<0.1%
New
New position
Showing all 40 positions
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Largest options & derivatives disclosed

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

Call notional (bullish)$36.0M
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishTESLA INCTSLA$33.6M80K
CALL · bullishNVIDIA CORPNVDA$2.4M120K

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.

Filing history

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

$1.7B · Q3 2025Q4 2020 · $236.1MQ2 2026 · $1.7B

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

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Aug 14, 202645d42$1.7B13F-HR
Q1 2026Mar 31, 2026May 18, 202648d41$1.6B13F-HR
Q4 2025Dec 31, 2025Feb 17, 202648d38$1.7B13F-HR
Q3 2025Sep 30, 2025Nov 17, 202548d38$1.7B13F-HR
Q2 2025Jun 30, 2025Aug 15, 202546d40$1.6B13F-HR
Q1 2025Mar 31, 2025May 9, 202539d35$1.2B13F-HR
Q4 2024Dec 31, 2024Feb 14, 202545d35$1.1B13F-HR
Q3 2024Sep 30, 2024Nov 12, 202443d35$1.0B13F-HR
Q2 2024Jun 30, 2024Aug 13, 202444d34$938.3M13F-HR
Q1 2024Mar 31, 2024May 15, 202445d31$855.4M13F-HR
Q4 2023Dec 31, 2023Feb 13, 202444d27$567.7M13F-HR
Q3 2023Sep 30, 2023Nov 7, 202338d26$473.0M13F-HR
Q2 2023Jun 30, 2023Aug 9, 202340d27$452.6M13F-HR
Q1 2023Mar 31, 2023May 10, 202340d27$478.7M13F-HR
Q4 2022Dec 31, 2022Feb 10, 202341d26$377.1M13F-HR
Q3 2022Sep 30, 2022Nov 14, 202245d24$322.7M13F-HR
Q2 2022Jun 30, 2022Aug 12, 202243d23$307.4M13F-HR
Q1 2022Mar 31, 2022May 13, 202243d24$367.7M13F-HR
Q4 2021Dec 31, 2021Feb 7, 202238d25$364.4M13F-HR
Q3 2021Sep 30, 2021Nov 15, 202146d26$355.1M13F-HR
Q2 2021Jun 30, 2021Aug 16, 202147d25$297.2M13F-HR
Q1 2021Mar 31, 2021May 14, 202144d24$255.0M13F-HR
Q4 2020Dec 31, 2020Apr 9, 202199d24$236.1M13F-HR/A
Amended / restated
  • Q4 2020 · filed Feb 17, 202113F-HR · superseded

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. The performance line is a simulation of the disclosed long book, not an audited return.