AKUNA SECURITIES LLC
Portfolio value QoQ: -18.8% 13F does not disclose cash
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.51% Est. buys $1,004,849,496 · sells $18,055,392,943
Median holding: 2.0 quarters Tracked Q1 2025–Q2 2026 · 76.6% still held
Put-notional exposure: 55.2% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
Performance vs S&P 500
Annualized: +28.2% · S&P 500: +28.7%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Sector breakdown
Full portfolio 36 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| Unknown issuer (CUSIP: 78462F953) | $9,225,745,934 | 25.75% | 12,354,200 | Put option | $-4,385,805,232 | Down ×1 | |
| Unknown issuer (CUSIP: 78462F903) | $9,211,034,565 | 25.71% | 12,334,500 | Call option | $-2,368,139,067 | Down ×1 | |
| Unknown issuer (CUSIP: 46090E953) | $7,855,841,560 | 21.93% | 10,667,900 | Put option | $277,237,288 | Down ×1 | |
| Unknown issuer (CUSIP: 46090E903) | $5,100,011,840 | 14.24% | 6,925,600 | Call option | $-3,072,741,524 | Down ×1 | |
| Unknown issuer (CUSIP: 464287955) | $1,731,733,710 | 4.83% | 5,763,800 | Put option | $444,638,510 | Up ×3 | |
| Unknown issuer (CUSIP: 464287905) | $645,576,915 | 1.80% | 2,148,700 | Call option | $-90,313,485 | Down ×1 | |
| Unknown issuer (CUSIP: 67066G954) | $353,378,949 | 0.99% | 1,766,100 | Put option | $91,185,989 | Up ×5 | |
| Unknown issuer (CUSIP: 67066G904) | $265,579,457 | 0.74% | 1,327,300 | Call option | $69,030,657 | Up ×5 | |
| Unknown issuer (CUSIP: 88160R901) | $253,916,220 | 0.71% | 603,700 | Call option | $74,844,245 | Up ×2 | |
| Unknown issuer (CUSIP: 78463V957) | $194,873,020 | 0.54% | 529,000 | Put option | $190,010,743 | Up ×1 | |
| Unknown issuer (CUSIP: 88160R951) | $169,670,040 | 0.47% | 403,400 | Put option | $5,728,290 | Down ×1 | |
| Unknown issuer (CUSIP: 007903907) | $137,385,215 | 0.38% | 236,500 | Call option | $106,728,314 | Up ×2 | |
| Unknown issuer (CUSIP: 78463V907) | $116,813,298 | 0.33% | 317,100 | Call option | $116,081,805 | Up ×1 | |
| Unknown issuer (CUSIP: 84615Q903) | $114,698,318 | 0.32% | 671,300 | Call option | Up ×1 | ||
| Unknown issuer (CUSIP: 007903957) | $106,248,439 | 0.30% | 182,900 | Put option | $67,332,280 | Down ×1 | |
| Unknown issuer (CUSIP: 84615Q953) | $91,820,164 | 0.26% | 537,400 | Put option | Up ×1 | ||
| Unknown issuer (CUSIP: 46438F901) | $64,982,080 | 0.18% | 1,952,000 | Call option | $12,358,206 | Up ×1 | |
| NVDA | $39,609,216 | 0.11% | 197,957 | $5,426,642 | Up ×2 | ||
| Unknown issuer (CUSIP: 46438F951) | $38,639,703 | 0.11% | 1,160,700 | Put option | $6,278,537 | Up ×2 | |
| IWM | $27,843,002 | 0.08% | 92,671 | Up ×1 | |||
| Unknown issuer (CUSIP: 15675D903) | $17,746,300 | 0.05% | 80,300 | Call option | Up ×1 | ||
| Unknown issuer (CUSIP: 64110L906) | $12,187,980 | 0.03% | 170,700 | Call option | $6,582,435 | Up ×1 | |
| Unknown issuer (CUSIP: 15675D953) | $11,624,600 | 0.03% | 52,600 | Put option | Up ×1 | ||
| Unknown issuer (CUSIP: 64110L956) | $10,060,260 | 0.03% | 140,900 | Put option | $6,579,630 | Up ×1 | |
| Unknown issuer (CUSIP: 84615Q103) | $9,635,650 | 0.03% | 56,395 | Up ×1 | |||
| NFLX | $5,281,458 | 0.01% | 73,970 | Up ×1 | |||
| IBIT | $4,217,477 | 0.01% | 126,689 | $2,642,180 | Up ×2 | ||
| Unknown issuer (CUSIP: 21873S908) | $3,513,762 | 0.01% | 35,300 | Call option | $2,894,002 | Up ×1 | |
| GLD | $3,407,515 | 0.01% | 9,250 | $-3,003,806 | Down ×1 | ||
| Unknown issuer (CUSIP: 21873S958) | $2,070,432 | 0.01% | 20,800 | Put option | $544,273 | Up ×1 | |
| Unknown issuer (CUSIP: 15675D103) | $1,191,190 | 0.00% | 5,390 | Up ×1 | |||
| AMD | $302,073 | 0.00% | 520 | ||||
| CRWV | $123,828 | 0.00% | 1,244 | $38,611 | Up ×1 | ||
| MSFT | $20,889 | 0.00% | 56 | $7,933 | Up ×1 | ||
| HOOD | $5,917 | 0.00% | 59 | Up ×1 | |||
| AMZN | $1,668 | 0.00% | 7 | $-22,908 | Down ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| None | $1,731,733,710 | 4.83% | up ×3 |
| None | $353,378,949 | 0.99% | up ×5 |
| None | $265,579,457 | 0.74% | up ×5 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 84615Q903) | $114,698,318 | 671,300 | 0.32% |
| Unknown issuer (CUSIP: 84615Q953) | $91,820,164 | 537,400 | 0.26% |
| IWM | $27,843,002 | 92,671 | 0.08% |
| Unknown issuer (CUSIP: 15675D903) | $17,746,300 | 80,300 | 0.05% |
| Unknown issuer (CUSIP: 15675D953) | $11,624,600 | 52,600 | 0.03% |
| Unknown issuer (CUSIP: 84615Q103) | $9,635,650 | 56,395 | 0.03% |
| NFLX | $5,281,458 | 73,970 | 0.01% |
| Unknown issuer (CUSIP: 15675D103) | $1,191,190 | 5,390 | 0.00% |
| AMD | $302,073 | 520 | 0.00% |
| HOOD | $5,917 | 59 | 0.00% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| · | Trimmed | -8.6M | -$4.4B |
| · | Trimmed | -7.2M | -$3.1B |
| · | Trimmed | -5.5M | -$2.4B |
| · | Bought more | +574K | +$444.6M |
| · | Trimmed | -2.5M | +$277.2M |
| · | Bought more | +86K | +$106.7M |
| · | Bought more | +263K | +$91.2M |
| · | Trimmed | -819K | -$90.3M |
| · | Bought more | +122K | +$74.8M |
| · | Bought more | +200K | +$69.0M |
2 positions hidden — reported move looks larger than the position itself (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SPY | June 30, 2026 | 167,153 | $108,706,282 | No longer tracked |
| QQQ | Dec. 31, 2025 | 87,572 | $52,575,602 | 21.2% |
| QQQ | June 30, 2026 | 68,329 | $39,438,132 | 1.1% |
| NVDA | June 30, 2025 | 84,959 | $9,207,856 | 51.2% |
| TSLA | June 30, 2026 | 22,574 | $8,391,885 | -10.0% |
| IVV | March 31, 2026 | 1,074 | $735,626 | |
| VOO | March 31, 2026 | 429 | $269,039 | 19.2% |
| TQQQ | June 30, 2026 | 5,614 | $233,992 | |
| AMD | March 31, 2026 | 410 | $87,806 | 210.5% |
| AAPL | June 30, 2026 | 339 | $86,035 | 15.0% |
| UPRO | June 30, 2026 | 51 | $4,946 | 8.5% |
| GOOGL | March 31, 2026 | 1 | $313 | 20.5% |