CTC LLC
Long book
$1.25B
Q1 2026
Positions
25
Top-10 weight
82%
concentration
Last quarter
+22.7%
SPY +14.8%
Turnover
69%
of book per quarter
Strategy in plain words
auto-generated from filingsCTC LLC is a market maker — positions are inventory, not bets, running a $1.25B US long book across 25 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ISHARES SILVER TRUST, ALPHABET INC-CL C, TAIWAN SEMICONDUCTOR-SP ADR, TESLA INC, MICRON TECHNOLOGY INC.
Over the last 9 quarters its long book ran on average 5.3pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+7.3%
Q2 2024
+5.7%
Q3 2024
+3.5%
Q4 2024
+1.7%
Q1 2025
+38.0%
Q2 2025
+13.6%
Q3 2025
-0.9%
Q4 2025
-3.9%
Q1 2026
+22.7%
Sector allocation
Technology 54%
Industrials 22%
Financials 18%
Services media 4%
Consumer discretionary 2%
Long book by quarter
What does CTC LLC own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOG ALPHABET INC-CL C | Technology | 539.8K | $154.9M | 12.4% | +216.7% |
| TSLA TESLA INC | Industrials | 294.8K | $109.6M | 8.8% | New |
| MU MICRON TECHNOLOGY INC | Technology | 294.4K | $99.4M | 8.0% | -16.0% |
| COIN COINBASE GLOBAL INC -CLASS A | Financials | 399.2K | $69.7M | 5.6% | +96.9% |
| MSTR STRATEGY INC | Financials | 505.2K | $63.1M | 5.0% | +117.9% |
| ORCL ORACLE CORP | Technology | 401.8K | $59.1M | 4.7% | +90.3% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 29.5K | $39.0M | 3.1% | New |
| AMD ADVANCED MICRO DEVICES | Technology | 158.1K | $32.2M | 2.6% | New |
| MELI MERCADOLIBRE INC | Services media | 15.5K | $26.8M | 2.1% | +90.1% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 127.5K | $18.6M | 1.5% | -60.4% |
| BKNG BOOKING HOLDINGS INC | Industrials | 4.4K | $18.6M | 1.5% | -55.5% |
| META META PLATFORMS INC-CLASS A | Technology | 30.8K | $17.6M | 1.4% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 62.9K | $13.1M | 1.0% | New |
| AAPL APPLE INC | Technology | 43.6K | $11.1M | 0.9% | New |
| MSFT MICROSOFT CORP | Technology | 21.0K | $7.8M | 0.6% | New |
| DIS WALT DISNEY CO/THE | Services media | 32.0K | $3.1M | 0.2% | -8.6% |
| SNOW SNOWFLAKE INC | Technology | 8.5K | $1.3M | 0.1% | +226.4% |
| CVNA CARVANA CO | Consumer discretionary | 3.9K | $1.2M | 0.1% | New |
| BAC BANK OF AMERICA CORP | Financials | 23.8K | $1.2M | 0.1% | -64.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 21, 2026 | 112 | $217.17B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 18, 2026 | 154 | $204.89B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Dec 15, 2025 | 162 | $199.56B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 15, 2025 | 165 | $168.61B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 16, 2025 | 163 | $142.06B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 19, 2025 | 282 | $162.80B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 15, 2024 | 278 | $171.88B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 288 | $173.28B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 306 | $194.20B | canonical | SEC ↗ |