Virtu Financial LLC

Market maker Mechanical CIK 1533964
League rank
#4
in Market maker · #454 overall
Long book
$2.41B
Q1 2026
Positions
1572
Top-10 weight
50%
concentration
Last quarter
+22.0%
SPY +14.8%
Turnover
78%
of book per quarter

Strategy in plain words

auto-generated from filings

Virtu Financial LLC is a market maker — positions are inventory, not bets, running a $2.41B US long book across 1572 positions.

The portfolio is moderately concentrated (top 10 ≈ 50% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ALPHABET INC-CL C, BERKSHIRE HATHAWAY INC-CL A, SANDISK CORP, MICRON TECHNOLOGY INC, FOX CORP - CLASS B.

Over the last 9 quarters its long book ran on average 0.9pp per quarter ahead of the S&P 500, beating the index in 6 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
+2.8%
Q2 2024
+3.2%
Q3 2024
+4.0%
Q4 2024
-3.5%
Q1 2025
+11.2%
Q2 2025
+12.4%
Q3 2025
-1.9%
Q4 2025
-2.2%
Q1 2026
+22.0%

Sector allocation

Technology
51%
Financials
17%
Industrials
6%
Healthcare
4%
Other
4%
Consumer discretionary
4%
Services media
4%
Communications
3%

Long book by quarter

$1.31B
Q1 2024
$1.43B
Q2 2024
$1.82B
Q3 2024
$1.89B
Q4 2024
$1.84B
Q1 2025
$1.96B
Q2 2025
$1.79B
Q3 2025
$2.58B
Q4 2025
$2.41B
Q1 2026

What does Virtu Financial own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOG ALPHABET INC-CL CTechnology2.7M$764.6M31.7%New
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials234$168.0M7.0%+2.6%
SNDK SANDISK CORPTechnology155.0K$98.5M4.1%New
MU MICRON TECHNOLOGY INCTechnology104.8K$35.4M1.5%+1039.4%
FOX FOX CORP - CLASS BCommunications621.6K$33.0M1.4%-1.8%
CRCL CIRCLE INTERNET GROUP INCFinancials276.7K$26.4M1.1%+916.2%
LLYVA LIBERTY LIVE HOLDINGS-AServices media215.2K$19.7M0.8%-21.3%
MSFT MICROSOFT CORPTechnology42.1K$15.6M0.6%New
WBS WEBSTER FINANCIAL CORPFinancials157.4K$10.9M0.5%+2129.8%
HD HOME DEPOT INCConsumer discretionary32.0K$10.5M0.4%+1.1%
PWR QUANTA SERVICES INCIndustrials16.5K$9.0M0.4%New
Z ZILLOW GROUP INC - CServices media218.2K$9.0M0.4%+457.3%
WTRG ESSENTIAL UTILITIES INCUtilities223.2K$9.0M0.4%+22.9%
PH PARKER HANNIFIN CORPIndustrials9.8K$8.7M0.4%New
AZO AUTOZONE INCConsumer discretionary2.4K$8.1M0.3%New
APLD APPLIED DIGITAL CORPTechnology308.6K$7.3M0.3%+166.1%
LNG CHENIERE ENERGY INCUtilities24.0K$6.8M0.3%+135.0%
NBIS NEBIUS GROUP NVTechnology64.6K$6.7M0.3%+59.2%
APP APPLOVIN CORP-CLASS ATechnology16.7K$6.6M0.3%+192.1%
ISRG INTUITIVE SURGICAL INCHealthcare14.3K$6.6M0.3%New
SNOW SNOWFLAKE INCTechnology43.1K$6.5M0.3%+453.8%
VAL VALARIS LTDEnergy64.4K$6.3M0.3%+459.9%
AMGN AMGEN INCHealthcare17.0K$6.0M0.2%New
DUK DUKE ENERGY CORPUtilities44.8K$5.9M0.2%+892.7%
UWMC UWM HOLDINGS CORPFinancials1.6M$5.9M0.2%+294.5%
DELL DELL TECHNOLOGIES -CTechnology33.1K$5.4M0.2%+42.2%
PYPL PAYPAL HOLDINGS INCServices media117.9K$5.3M0.2%+64.2%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials346.8K$5.0M0.2%New
CMG CHIPOTLE MEXICAN GRILL INCConsumer discretionary154.9K$5.0M0.2%New
ABT ABBOTT LABORATORIESHealthcare47.6K$4.9M0.2%+923.3%
LILA LIBERTY LATIN AMERIC-CL ACommunications561.5K$4.9M0.2%+2.9%
ROK ROCKWELL AUTOMATION INCOther13.4K$4.8M0.2%+20.4%
AAOI APPLIED OPTOELECTRONICS INCTechnology56.9K$4.8M0.2%+8.5%
ATI ATI INCIndustrials33.0K$4.8M0.2%+1099.0%
URI UNITED RENTALS INCServices media6.6K$4.8M0.2%+130.1%
MSCI MSCI INCServices media8.9K$4.8M0.2%+965.9%
HIMS HIMS & HERS HEALTH INCHealthcare225.7K$4.7M0.2%+278.4%
COR CENCORA INCConsumer discretionary14.9K$4.7M0.2%New
TDY TELEDYNE TECHNOLOGIES INCTechnology7.6K$4.6M0.2%New
BLK BLACKROCK INCFinancials4.8K$4.6M0.2%+1523.1%
FIVE FIVE BELOWConsumer discretionary20.1K$4.6M0.2%New
BSX BOSTON SCIENTIFIC CORPHealthcare71.9K$4.5M0.2%+458.7%
HWM HOWMET AEROSPACE INCIndustrials19.5K$4.5M0.2%New
CIEN CIENA CORPTechnology11.6K$4.5M0.2%+944.8%
BKNG BOOKING HOLDINGS INCIndustrials1.1K$4.5M0.2%+137.6%
CME CME GROUP INCFinancials14.6K$4.3M0.2%+188.3%
DE DEERE & COIndustrials7.6K$4.3M0.2%-26.6%
NWSA NEWS CORP - CLASS AOther169.5K$4.2M0.2%-22.5%
VST VISTRA CORPUtilities27.9K$4.2M0.2%+3.6%
DHR DANAHER CORPTechnology21.3K$4.0M0.2%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 20261572$2.41B $K fixed canonicalSEC ↗
Q4 202513F-HRFeb 23, 20261601$2.58B $K fixed canonicalSEC ↗
Q3 202513F-HRNov 14, 20251415$1.79B $K fixed canonicalSEC ↗
Q2 202513F-HRAug 12, 20251394$1.96B $K fixed canonicalSEC ↗
Q1 202513F-HRMay 12, 20251290$1.84B $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 11, 20251487$1.89B $K fixed canonicalSEC ↗
Q3 202413F-HRNov 20, 20241312$1.82B $K fixed canonicalSEC ↗
Q2 202413F-HRAug 9, 20241249$1.43B $K fixed canonicalSEC ↗
Q1 202413F-HRMay 20, 20241364$1.31B $K fixed canonicalSEC ↗