Cavalier Investments, LLC

$3.7B reported 13(f) long value · latest quarter 2026-03-31 · CIK 1655543 · EDGAR ↗

sum of disclosed values for 2026-03-31; 0 positions carry a NULL value and are excluded from the sum, surfaced here rather than folded away: $3.7B
ALL retained default holdings for this (filer, period), including NULL-value ones: 112
positions with no comparable holding in the prior quarter (kind new), 2026-03-31: 53
positions absent from this quarter's filing after being held last quarter (kind exit), 2026-03-31 — inferred from absence, not a sale record: 28

A quarter-end snapshot. Filed up to 45 days later, so this page is not current holdings and never a complete portfolio. what a 13F is — and is not ↓ methodology §13F ↗

Position changes — into 2026-03-31

by shares · Δ value · filing link · how changes are classified §

Position changes into quarter 2026-03-31
position matched across quarters by exact reported CUSIP over a registry gap — producer-reconciled identity, never a name match `identity_reconciled_by_cusip`	the reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE `classified_by_value` · EXIT = absent this quarter: disposed, delisted, under confidential treatment, or reported instead by an affiliated manager — the filing does not say which · change not classifiable: value undisclosed on one side of the quarter pair, or neither shares nor value can classify it · NO CHANGE = the share count is identical in both quarters; the value moved only with price, so the row is mark-to-market and never an ADD or a TRIM (NEW / ADD / TRIM / EXIT / NO CHANGE) · NO PRIOR = this filer has no comparable holdings list for the previous quarter on record — a first filing under this registration, or a quarter reported inside an affiliated manager's filing — so the position is not called a new stake	derived by Public Filings from the published aggregate; NULL means the source did not disclose a usable value — never zero	reported unit changed across the pair (SH↔PRN); the share delta is withheld rather than fabricated `shares_unit_mismatch`	Prev value	Curr value	Prev shares	Curr shares
position key `pos:11173` · issuer key `iss:995` UNIT SER 1 CALL	ADD	+$441M	+795,800	$310M	$750M	504,200	1,300,000
position key `pos:11173` · issuer key `iss:995` UNIT SER 1 PUT	ADD	+$504M	+896,300	$217M	$721M	353,700	1,250,000
position key `pos:11570` · issuer key `iss:1599` TR UNIT PUT	ADD	+$156M	+267,600	$384M	$540M	562,400	830,000
position key `pos:11570` · issuer key `iss:1599` TR UNIT CALL	ADD	+$152M	+250,000	$239M	$390M	350,000	600,000
position key `pos:15938` · issuer key `cusip6:92189F` SEMICONDUCTR ETF CALL	TRIM	+$1.6M	−12,300	$97.2M	$98.8M	270,000	257,700
position key `pos:11570` · issuer key `iss:1599` TR UNIT	ADD	+$47.7M	+76,820	$48.3M	$96.0M	70,859	147,679
position key `pos:15938` · issuer key `cusip6:92189F` SEMICONDUCTR ETF PUT	NEW	+$91.1M	+237,700	$0	$91.1M	—	237,700
position key `pos:11237` · issuer key `iss:1601` GOLD SHS PUT	NEW	+$60.2M	+140,000	$0	$60.2M	—	140,000
position key `pos:11173` · issuer key `iss:995` UNIT SER 1	ADD	+$41.9M	+74,411	$17.7M	$59.5M	28,733	103,144
position key `pos:15642` · issuer key `iss:1334` COM PUT	ADD	+$29.6M	+180,000	$28.0M	$57.6M	150,000	330,000
position key `pos:15702` · issuer key `iss:1012` RUSSELL 2000 ETF CALL	TRIM	−$24.2M	−100,000	$73.8M	$49.6M	300,000	200,000
position key `pos:18039` · issuer key `iss:1025` COM CALL	NEW	+$44.1M	+150,000	$0	$44.1M	—	150,000
position key `sid:sec:prov:4ee13837c201cea05a3fc8a370f61521` · issuer key `cusip6:81369Y` STATE STREET ENE CALL	NEW	+$30.6M	+500,000	$0	$30.6M	—	500,000
position key `pos:15598` · issuer key `iss:1962` COM CALL	NEW	+$30.3M	+112,100	$0	$30.3M	—	112,100
position key `pos:11237` · issuer key `iss:1601` GOLD SHS CALL	NEW	+$26.2M	+61,000	$0	$26.2M	—	61,000
position key `sid:sec:prov:fa0ef19e4273db99947aa6e798c4bd32` · issuer key `cusip6:81369Y` STATE STREET COM PUT	NEW	+$22.2M	+200,000	$0	$22.2M	—	200,000
position key `pos:16968` · issuer key `iss:1866` UNITS PUT	NEW	+$19.3M	+151,500	$0	$19.3M	—	151,500
position key `pos:12940` · issuer key `iss:1567` COM CALL	NEW	+$19.3M	+300,000	$0	$19.3M	—	300,000
position key `pos:15567` · issuer key `iss:1018` SHS BEN INT PUT	ADD	+$15.6M	+428,000	$3.6M	$19.2M	72,000	500,000
position key `pos:10357` · issuer key `iss:1786` COM CALL	ADD	+$5.1M	+20,000	$13.5M	$18.6M	30,000	50,000
position key `pos:10357` · issuer key `iss:1786` COM PUT	NEW	+$18.6M	+50,000	$0	$18.6M	—	50,000
position key `pos:12477` · issuer key `cusip6:81369Y` STATE STREET CON CALL	NEW	+$17.2M	+210,000	$0	$17.2M	—	210,000
position key `pos:15598` · issuer key `iss:1962` COM PUT	TRIM	+$3.0M	−17,900	$13.8M	$16.8M	80,000	62,100
position key `pos:11024` · issuer key `iss:1014` ISHARES CALL	NEW	+$16.7M	+245,000	$0	$16.7M	—	245,000
position key `sid:sec:prov:edca92b17408f6ec66bf562ad9cadafa` · issuer key `cusip6:81369Y` STATE STREET IND CALL	NEW	+$16.2M	+100,000	$0	$16.2M	—	100,000
position key `pos:16968` · issuer key `iss:1866` UNITS	NEW	+$15.5M	+121,831	$0	$15.5M	—	121,831
position key `sid:sec:prov:c3e04efb4156dc6f48e0e8e8bb3cba38` · issuer key `cusip6:464286` MSCI STH KOR ETF CALL	NEW	+$15.4M	+125,000	$0	$15.4M	—	125,000
position key `sid:sec:prov:62eb42e14503968141857c62d67e1607` · issuer key `cusip6:81369Y` STATE STREET MAT CALL	NEW	+$15.0M	+300,000	$0	$15.0M	—	300,000
position key `pos:18187` · issuer key `iss:1040` COM NEW PUT	NEW	+$14.7M	+10,000	$0	$14.7M	—	10,000
position key `pos:18187` · issuer key `iss:1040` COM NEW	NEW	+$14.3M	+9,704	$0	$14.3M	—	9,704
position key `pos:15567` · issuer key `iss:1018` SHS BEN INT CALL	ADD	+$6.3M	+206,000	$7.1M	$13.4M	144,000	350,000
position key `pos:16968` · issuer key `iss:1866` UNITS CALL	NEW	+$12.3M	+96,500	$0	$12.3M	—	96,500
position key `pos:15938` · issuer key `cusip6:92189F` SEMICONDUCTR ETF	TRIM	−$1.5M	−6,137	$13.2M	$11.7M	36,732	30,595
position key `pos:13043` · issuer key `iss:1012` 20 YR TR BD ETF	ADD	+$1.9M	+22,305	$9.4M	$11.3M	107,636	129,941
position key `sid:sec:prov:2b5902c05a996d81adf5ce01e71326f4` · issuer key `cusip6:81369Y` STATE STREET HEA PUT	NEW	+$11.0M	+75,000	$0	$11.0M	—	75,000
position key `pos:11237` · issuer key `iss:1601` GOLD SHS	ADD	+$2.1M	+3,245	$8.7M	$10.8M	21,880	25,125
position key `pos:10455` · issuer key `iss:1091` COM NEW CALL	TRIM	−$7.3M	−55,000	$18.0M	$10.7M	105,000	50,000
position key `sid:sec:prov:fa0ef19e4273db99947aa6e798c4bd32` · issuer key `cusip6:81369Y` STATE STREET COM	TRIM	−$4.2M	−29,932	$14.8M	$10.6M	125,490	95,558
position key `pos:14209` · issuer key `iss:50` COM CALL	NEW	+$10.1M	+55,000	$0	$10.1M	—	55,000
position key `pos:17300` · issuer key `cusip6:81369Y` STATE STREET UTI CALL	NEW	+$9.2M	+200,000	$0	$9.2M	—	200,000
position key `pos:10455` · issuer key `iss:1091` COM NEW	TRIM	+$1.4M	−2,581	$7.8M	$9.2M	45,459	42,878
position key `pos:15008` · issuer key `iss:318` COM CALL	NEW	+$9.1M	+150,000	$0	$9.1M	—	150,000
position key `pos:15642` · issuer key `iss:1334` COM CALL	NEW	+$8.7M	+50,000	$0	$8.7M	—	50,000
position key `pos:10533` · issuer key `iss:1004` COM CALL	ADD	−$325K	+100,000	$9.0M	$8.6M	200,000	300,000
position key `pos:10455` · issuer key `iss:1091` COM NEW PUT	TRIM	−$17.1M	−110,000	$25.7M	$8.5M	150,000	40,000
position key `pos:13908` · issuer key `cusip6:33733E` FT VEST GOLD	ADD	+$2.4M	+88,308	$5.9M	$8.3M	235,347	323,655
position key `pos:14429` · issuer key `iss:923` COM	ADD	+$2.4M	+7,157	$5.7M	$8.1M	27,841	34,998
position key `pos:10986` · issuer key `cusip6:922908` VALUE ETF	NEW	+$7.9M	+40,239	$0	$7.9M	—	40,239
position key `pos:15626` · issuer key `iss:1529` COM	NEW	+$7.8M	+40,650	$0	$7.8M	—	40,650
position key `pos:15642` · issuer key `iss:1334` COM	TRIM	−$4.4M	−20,568	$11.9M	$7.6M	63,979	43,411
position key `pos:12445` · issuer key `iss:1405` CL A CALL	NEW	+$7.3M	+50,000	$0	$7.3M	—	50,000
position key `pos:17529` · issuer key `iss:1602` STATE STREET SPD CALL	NEW	+$6.5M	+60,000	$0	$6.5M	—	60,000
position key `pos:15598` · issuer key `iss:1962` COM	TRIM	−$8.0M	−59,370	$14.1M	$6.1M	81,980	22,610
position key `pos:17314` · issuer key `iss:1013` U.S. INSRNCE ETF	NEW	+$5.9M	+45,960	$0	$5.9M	—	45,960
position key `pos:15626` · issuer key `iss:1529` COM PUT	NEW	+$5.8M	+30,000	$0	$5.8M	—	30,000
position key `sid:sec:prov:62eb42e14503968141857c62d67e1607` · issuer key `cusip6:81369Y` STATE STREET MAT	NEW	+$5.8M	+115,632	$0	$5.8M	—	115,632
position key `sid:sec:prov:619e10cd07ad0785025395f1b13b6902` · issuer key `cusip6:76655K` COMMON STOCK CALL	NEW	+$5.6M	+400,000	$0	$5.6M	—	400,000
position key `sid:sec:prov:cdd10414e490441353b8d5156a0f8caf` · issuer key `cusip6:922042` FTSE EUROPE ETF	TRIM	−$558K	−5,757	$5.9M	$5.4M	70,814	65,057
position key `pos:11024` · issuer key `iss:1014` ISHARES	ADD	+$4.6M	+66,426	$763K	$5.3M	11,846	78,272
position key `sid:sec:prov:58c5537198ddc1f7386eaaf94c8d6db4` · issuer key `cusip6:37954Y` US INFR DEV ETF CALL	NEW	+$5.1M	+100,000	$0	$5.1M	—	100,000
position key `pos:13721` · issuer key `iss:1000` PHARMACEUTICALS	NEW	+$4.8M	+45,960	$0	$4.8M	—	45,960
position key `pos:14429` · issuer key `iss:923` COM PUT	NEW	+$4.6M	+20,000	$0	$4.6M	—	20,000
position key `pos:16839` · issuer key `iss:1330` ADR CALL	ADD	+$778K	+50,000	$3.8M	$4.6M	75,000	125,000
position key `sid:sec:prov:47cadfef602b3efec7d79ac57eea770c` · issuer key `cusip6:464286` MSCI AUSTRIA ETF	ADD	+$2.7M	+75,000	$1.8M	$4.4M	50,000	125,000
position key `pos:12445` · issuer key `iss:1405` CL A PUT	TRIM	−$13.4M	−70,000	$17.8M	$4.4M	100,000	30,000
position key `sid:sec:prov:8ca7fc672bf0f489eb519beef88cf5fe` · issuer key `cusip6:82889N` VOLATILITY PREM	NEW	+$4.0M	+260,455	$0	$4.0M	—	260,455
position key `sid:sec:prov:b68df1759b86c485284173d720a3b6b5` · issuer key `cusip6:464289` MSCI PERU AND GL	NEW	+$3.7M	+46,080	$0	$3.7M	—	46,080
position key `pos:17300` · issuer key `cusip6:81369Y` STATE STREET UTI	NEW	+$3.7M	+79,646	$0	$3.7M	—	79,646
position key `pos:16441` · issuer key `iss:16` COM	TRIM	+$236K	−10,807	$3.3M	$3.5M	132,277	121,470
position key `pos:17516` · issuer key `iss:1012` ISHARES SEMICDTR	NEW	+$3.5M	+10,637	$0	$3.5M	—	10,637
position key `pos:12445` · issuer key `iss:1405` CL A	TRIM	−$1.0M	−1,700	$4.4M	$3.4M	25,010	23,310
position key `pos:11024` · issuer key `iss:1014` ISHARES PUT	NEW	+$3.4M	+50,000	$0	$3.4M	—	50,000
position key `pos:15309` · issuer key `iss:1226` CL A NEW	ADD	−$33.5K	+4,455	$3.3M	$3.3M	21,712	26,167
position key `pos:14439` · issuer key `iss:66` COM	NEW	+$3.3M	+18,160	$0	$3.3M	—	18,160
position key `pos:15309` · issuer key `iss:1226` CL A NEW PUT	ADD	−$79.1K	+4,000	$3.2M	$3.2M	21,300	25,300
position key `pos:13215` · issuer key `iss:144` COM	ADD	+$2.2M	+8,846	$924K	$3.1M	3,399	12,245
position key `pos:11182` · issuer key `iss:347` COM	TRIM	+$81.2K	−808	$2.6M	$2.7M	10,252	9,444
position key `sid:sec:prov:bec176f3404dfc0d6b06a3b58d818355` · issuer key `cusip6:22539U` ETRACS CRUDE OIL	ADD	+$652K	+3,746	$2.0M	$2.7M	42,254	46,000
position key `pos:17570` · issuer key `iss:942` COM	TRIM	+$329K	−404	$2.3M	$2.6M	5,964	5,560
position key `sid:sec:prov:8cc6d731232d1ac429fb431a7ea6a184` · issuer key `cusip6:92189F` GOLD MINERS ETF	TRIM	−$1.4M	−18,129	$4.0M	$2.6M	46,441	28,312
position key `pos:18039` · issuer key `iss:1025` COM	TRIM	−$9.4M	−28,399	$11.8M	$2.4M	36,648	8,249
position key `sid:sec:prov:03a8d614b00ecef565651990155645eb` · issuer key `cusip6:37954Y` GLOBAL X URANIUM CALL	NEW	+$2.4M	+50,000	$0	$2.4M	—	50,000
position key `pos:14557` · issuer key `iss:1734` COM NEW CALL	NEW	+$2.3M	+100,000	$0	$2.3M	—	100,000
position key `pos:16255` · issuer key `iss:1880` COM CALL	NEW	+$2.3M	+150,000	$0	$2.3M	—	150,000
position key `pos:12477` · issuer key `cusip6:81369Y` STATE STREET CON	NEW	+$2.2M	+27,366	$0	$2.2M	—	27,366
position key `pos:12762` · issuer key `cusip6:37950E` GB MSCI AR ETF	TRIM	−$141K	−2,020	$2.3M	$2.1M	24,781	22,761
position key `sid:sec:prov:54fac4d34ecdece00884d22f0bbe8417` · issuer key `cusip6:464286` MSCI CHILE ETF	NEW	+$1.8M	+45,960	$0	$1.8M	—	45,960
position key `sid:sec:prov:e393adeba174dd3a131291bf14c87864` · issuer key `cusip6:46429B` MSCI POLAND ETF	TRIM	−$95.3K	−4,444	$1.9M	$1.8M	54,488	50,044
position key `pos:14252` · issuer key `iss:1602` STATE STREET SPD	TRIM	−$82.9K	−2,100	$1.8M	$1.7M	31,639	29,539
position key `pos:13933` · issuer key `iss:1307` COM	TRIM	−$4.8M	−49,784	$6.5M	$1.6M	64,699	14,915
position key `pos:12940` · issuer key `iss:1567` COM PUT	NEW	+$1.6M	+25,000	$0	$1.6M	—	25,000
position key `pos:10501` · issuer key `iss:779` CL B CALL	NEW	+$1.5M	+25,000	$0	$1.5M	—	25,000
position key `pos:10501` · issuer key `iss:779` CL B	NEW	+$1.4M	+23,440	$0	$1.4M	—	23,440
position key `pos:16688` · issuer key `iss:1013` GLB INFRASTR ETF	NEW	+$1.3M	+19,796	$0	$1.3M	—	19,796
position key `sid:sec:prov:c3e04efb4156dc6f48e0e8e8bb3cba38` · issuer key `cusip6:464286` MSCI STH KOR ETF	NEW	+$1.3M	+10,741	$0	$1.3M	—	10,741
position key `pos:13722` · issuer key `iss:158` COM	TRIM	+$207K	−2,828	$904K	$1.1M	34,760	31,932
position key `pos:15702` · issuer key `iss:1012` RUSSELL 2000 ETF	TRIM	−$1.6M	−6,449	$2.4M	$839K	9,834	3,385
position key `pos:11390` · issuer key `iss:720` CL A	TRIM	−$174K	−85	$942K	$768K	1,427	1,342
position key `sid:sec:prov:2b5902c05a996d81adf5ce01e71326f4` · issuer key `cusip6:81369Y` STATE STREET HEA	NEW	+$685K	+4,673	$0	$685K	—	4,673
position key `sid:sec:prov:ca9c1a81572bb3aac3fa15d11c104651` · issuer key `cusip6:37954Y` GLBX MSCI COLUM	TRIM	+$12.2K	−1,414	$619K	$631K	17,376	15,962

Flags: no row carries a flag.

1–20 of the 100 changes on this page

Mark-to-market only (no share change) · 3

Positions whose share count is identical in both quarters; the value changed with price, not with a decision.

Positions held with no share change into quarter 2026-03-31
position matched across quarters by exact reported CUSIP over a registry gap — producer-reconciled identity, never a name match `identity_reconciled_by_cusip`	the reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE `classified_by_value` · EXIT = absent this quarter: disposed, delisted, under confidential treatment, or reported instead by an affiliated manager — the filing does not say which · change not classifiable: value undisclosed on one side of the quarter pair, or neither shares nor value can classify it · NO CHANGE = the share count is identical in both quarters; the value moved only with price, so the row is mark-to-market and never an ADD or a TRIM (NEW / ADD / TRIM / EXIT / NO CHANGE) · NO PRIOR = this filer has no comparable holdings list for the previous quarter on record — a first filing under this registration, or a quarter reported inside an affiliated manager's filing — so the position is not called a new stake	derived by Public Filings from the published aggregate; NULL means the source did not disclose a usable value — never zero	Prev value	Curr value	Prev shares	Curr shares
position key `pos:18039` · issuer key `iss:1025` COM PUT	NO CHANGE	−$2.8M	$32.2M	$29.4M	100,000	100,000
position key `pos:11903` · issuer key `iss:1602` STATE STREET SPD	NO CHANGE	+$176K	$3.3M	$3.5M	13,804	13,804
position key `pos:15863` · issuer key `iss:1123` COM	NO CHANGE	−$150K	$1.0M	$888K	966	966

Flags: no row carries a flag.

Newest filing in this build: 2026-07-31. Per-row filing dates are on each receipt.

Truncated by Public Filings. Changes compare every position with a security identifier, new and exited included; holdings without one are counted, not compared. methodology §13F ↗

Reported positions — 2026-03-31

1–51 of 51 issuers · $3.7B disclosed value over 112 rows · 0 undisclosed-value rows

View

This build carries one quarter for this manager: 2026-03-31. Notable managers carry four published quarters, others two.

This list carries reported issuer names and security identities, without a dated ticker mapping. Symbols are not inferred from names.

a position composed from a base filing plus NEW-HOLDINGS amendments keeps every source row here; the composition's latest filed date is the one shown served from this build's published holdings (derived from the filer's own reported rows); every row resolves to its filing

Share of total reported value, calculated only when the full position list has disclosed values. This is 13F long value, not total assets.

value undisclosed on the filing: retained and counted, excluded from sums, never shown as $0

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

INVESCO QQQ TR

3 positions · 3 reported rows

Rows Cavalier Investments, LLC reported for INVESCO QQQ TR, as it reported them
INVESCO QQQ TR · UNIT SER 1 · CALL CUSIP — src ↗	$750M	1,300,000
INVESCO QQQ TR · UNIT SER 1 · PUT CUSIP — src ↗	$721M	1,250,000
Invesco QQQ Trust Series 1 · UNIT SER 1 CUSIP — src ↗	$59.5M	103,144

$1.5B

2,653,144

41.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

STATE STR SPDR S&P 500 ETF T

3 positions · 3 reported rows

Rows Cavalier Investments, LLC reported for STATE STR SPDR S&P 500 ETF T, as it reported them
STATE STR SPDR S&P 500 ETF T · TR UNIT · PUT CUSIP — src ↗	$540M	830,000
STATE STR SPDR S&P 500 ETF T · TR UNIT · CALL CUSIP — src ↗	$390M	600,000
SPDR S&P 500 ETF Trust · TR UNIT CUSIP — src ↗	$96.0M	147,679

$1.0B

1,577,679

27.7%

—

VANECK ETF TRUST

4 positions · 4 reported rows

Rows Cavalier Investments, LLC reported for VANECK ETF TRUST, as it reported them
VANECK ETF TRUST · SEMICONDUCTR ETF · CALL CUSIP — src ↗	$98.8M	257,700
VANECK ETF TRUST · SEMICONDUCTR ETF · PUT CUSIP — src ↗	$91.1M	237,700
VanEck Vectors Semiconductor ETF · SEMICONDUCTR ETF CUSIP — src ↗	$11.7M	30,595
VANECK GOLD MINERS ETF · GOLD MINERS ETF CUSIP 92189F106 src ↗	$2.6M	28,312

ticker not yet mapped

$204M

554,307

5.5%

—

SELECT SECTOR SPDR TR

13 positions · 13 reported rows

Rows Cavalier Investments, LLC reported for SELECT SECTOR SPDR TR, as it reported them
SELECT SECTOR SPDR TR · STATE STREET ENE · CALL CUSIP 81369Y506 src ↗	$30.6M	500,000
SELECT SECTOR SPDR TR · STATE STREET COM · PUT CUSIP 81369Y852 src ↗	$22.2M	200,000
SELECT SECTOR SPDR TR · STATE STREET CON · CALL CUSIP — src ↗	$17.2M	210,000
SELECT SECTOR SPDR TR · STATE STREET IND · CALL CUSIP 81369Y704 src ↗	$16.2M	100,000
SELECT SECTOR SPDR TR · STATE STREET MAT · CALL CUSIP 81369Y100 src ↗	$15.0M	300,000
SELECT SECTOR SPDR TR · STATE STREET HEA · PUT CUSIP 81369Y209 src ↗	$11.0M	75,000
COMMUNICAT SVS SLCT SEC SPDR ETF · STATE STREET COM CUSIP 81369Y852 src ↗	$10.6M	95,558
SELECT SECTOR SPDR TR · STATE STREET UTI · CALL CUSIP — src ↗	$9.2M	200,000
STATE STRET MATRL SLCT SCTR SPDR ETF · STATE STREET MAT CUSIP 81369Y100 src ↗	$5.8M	115,632
SELECT SECTOR UTI SELECT SPDR ETF · STATE STREET UTI CUSIP — src ↗	$3.7M	79,646
State Street Consumer Staples Select Sector SPDR ETF · STATE STREET CON CUSIP — src ↗	$2.2M	27,366
Health Care Select Sector SPDR Fund · STATE STREET HEA CUSIP 81369Y209 src ↗	$685K	4,673
Financial Select Sector SPDR Fund · STATE STREET FIN CUSIP 81369Y605 src ↗	$270K	5,465

ticker not yet mapped

$145M

1,913,340

3.9%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

SPDR GOLD TR

3 positions · 3 reported rows

Rows Cavalier Investments, LLC reported for SPDR GOLD TR, as it reported them
SPDR GOLD TR · GOLD SHS · PUT CUSIP — src ↗	$60.2M	140,000
SPDR GOLD TR · GOLD SHS · CALL CUSIP — src ↗	$26.2M	61,000
SPDR Gold Shares · GOLD SHS CUSIP — src ↗	$10.8M	25,125

$97.3M

226,125

2.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

JPMORGAN CHASE & CO

3 positions · 3 reported rows

Rows Cavalier Investments, LLC reported for JPMORGAN CHASE & CO, as it reported them
JPMORGAN CHASE & CO · COM · CALL CUSIP — src ↗	$44.1M	150,000
JPMORGAN CHASE & CO · COM · PUT CUSIP — src ↗	$29.4M	100,000
JPMORGAN CHASE ORD · COM CUSIP — src ↗	$2.4M	8,249

$76.0M

258,249

2.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

NVIDIA CORPORATION

3 positions · 3 reported rows

Rows Cavalier Investments, LLC reported for NVIDIA CORPORATION, as it reported them
NVIDIA CORPORATION · COM · PUT CUSIP — src ↗	$57.6M	330,000
NVIDIA CORPORATION · COM · CALL CUSIP — src ↗	$8.7M	50,000
NVIDIA Corp. · COM CUSIP — src ↗	$7.6M	43,411

$73.8M

423,411

2.0%

—

ISHARES TR

4 positions · 4 reported rows

Rows Cavalier Investments, LLC reported for ISHARES TR, as it reported them
ISHARES TR · RUSSELL 2000 ETF · CALL CUSIP — src ↗	$49.6M	200,000
ISHARES 20 PLS YEAR TREASURY BND ETF · 20 YR TR BD ETF CUSIP — src ↗	$11.3M	129,941
ISHARES SEMICONDUCTOR ETF · ISHARES SEMICDTR CUSIP — src ↗	$3.5M	10,637
ISHARES RUSSELL 2000 ETF · RUSSELL 2000 ETF CUSIP — src ↗	$839K	3,385

ticker not yet mapped

$65.2M

343,963

1.8%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

WESTERN DIGITAL CORP

3 positions · 3 reported rows

Rows Cavalier Investments, LLC reported for WESTERN DIGITAL CORP, as it reported them
WESTERN DIGITAL CORP · COM · CALL CUSIP — src ↗	$30.3M	112,100
WESTERN DIGITAL CORP · COM · PUT CUSIP — src ↗	$16.8M	62,100
Western Digital Corporation · COM CUSIP — src ↗	$6.1M	22,610

$53.2M

196,810

1.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

UNITED STS OIL FD LP

3 positions · 3 reported rows

Rows Cavalier Investments, LLC reported for UNITED STS OIL FD LP, as it reported them
UNITED STS OIL FD LP · UNITS · PUT CUSIP — src ↗	$19.3M	151,500
United States Oil Fund · UNITS CUSIP — src ↗	$15.5M	121,831
UNITED STS OIL FD LP · UNITS · CALL CUSIP — src ↗	$12.3M	96,500

$47.1M

369,831

1.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

TESLA INC

2 positions · 2 reported rows

Rows Cavalier Investments, LLC reported for TESLA INC, as it reported them
TESLA INC · COM · CALL CUSIP — src ↗	$18.6M	50,000
TESLA INC · COM · PUT CUSIP — src ↗	$18.6M	50,000

$37.2M

100,000

1.0%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ISHARES BITCOIN TRUST ETF

3 positions · 3 reported rows

Rows Cavalier Investments, LLC reported for ISHARES BITCOIN TRUST ETF, as it reported them
ISHARES BITCOIN TRUST ETF · SHS BEN INT · PUT CUSIP — src ↗	$19.2M	500,000
ISHARES BITCOIN TRUST ETF · SHS BEN INT · CALL CUSIP — src ↗	$13.4M	350,000
iShares Bitcoin Trus · SHS BEN INT CUSIP — src ↗	$622K	16,190

$33.3M

866,190

0.9%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

KLA CORP

2 positions · 2 reported rows

Rows Cavalier Investments, LLC reported for KLA CORP, as it reported them
KLA CORP · COM NEW · PUT CUSIP — src ↗	$14.7M	10,000
KLA Corporation · COM NEW CUSIP — src ↗	$14.3M	9,704

$29.0M

19,704

0.8%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

LAM RESEARCH CORP

3 positions · 3 reported rows

Rows Cavalier Investments, LLC reported for LAM RESEARCH CORP, as it reported them
LAM RESEARCH CORP · COM NEW · CALL CUSIP — src ↗	$10.7M	50,000
LAM RESEARCH CORP · COM NEW CUSIP — src ↗	$9.2M	42,878
LAM RESEARCH CORP · COM NEW · PUT CUSIP — src ↗	$8.5M	40,000

$28.4M

132,878

0.8%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ISHARES SILVER TR

3 positions · 3 reported rows

Rows Cavalier Investments, LLC reported for ISHARES SILVER TR, as it reported them
ISHARES SILVER TR · ISHARES · CALL CUSIP — src ↗	$16.7M	245,000
iShares Silver Trust · ISHARES CUSIP — src ↗	$5.3M	78,272
ISHARES SILVER TR · ISHARES · PUT CUSIP — src ↗	$3.4M	50,000

$25.4M

373,272

0.7%

—

ISHARES INC

4 positions · 4 reported rows

Rows Cavalier Investments, LLC reported for ISHARES INC, as it reported them
ISHARES INC · MSCI STH KOR ETF · CALL CUSIP 464286772 src ↗	$15.4M	125,000
iShares MSCI Austria ETF · MSCI AUSTRIA ETF CUSIP 464286202 src ↗	$4.4M	125,000
ISHARES INC · MSCI CHILE ETF CUSIP 464286640 src ↗	$1.8M	45,960
ISHARES INC · MSCI STH KOR ETF CUSIP 464286772 src ↗	$1.3M	10,741

ticker not yet mapped

$23.0M

306,701

0.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ROCKET LAB CORP

2 positions · 2 reported rows

Rows Cavalier Investments, LLC reported for ROCKET LAB CORP, as it reported them
ROCKET LAB CORP · COM · CALL CUSIP — src ↗	$19.3M	300,000
ROCKET LAB CORP · COM · PUT CUSIP — src ↗	$1.6M	25,000

$20.9M

325,000

0.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

PALANTIR TECHNOLOGIES INC

3 positions · 3 reported rows

Rows Cavalier Investments, LLC reported for PALANTIR TECHNOLOGIES INC, as it reported them
PALANTIR TECHNOLOGIES INC · CL A · CALL CUSIP — src ↗	$7.3M	50,000
PALANTIR TECHNOLOGIES INC · CL A · PUT CUSIP — src ↗	$4.4M	30,000
Palantir Technologies Inc. · CL A CUSIP — src ↗	$3.4M	23,310

$15.1M

103,310

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

RTX Corporation

2 positions · 2 reported rows

Rows Cavalier Investments, LLC reported for RTX Corporation, as it reported them
RTX Corporation · COM CUSIP — src ↗	$7.8M	40,650
RTX CORPORATION · COM · PUT CUSIP — src ↗	$5.8M	30,000

$13.6M

70,650

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

HOWMET AEROSPACE ORD

2 positions · 2 reported rows

Rows Cavalier Investments, LLC reported for HOWMET AEROSPACE ORD, as it reported them
HOWMET AEROSPACE ORD · COM CUSIP — src ↗	$8.1M	34,998
HOWMET AEROSPACE INC · COM · PUT CUSIP — src ↗	$4.6M	20,000

$12.7M

54,998

0.3%

—

SPDR SERIES TRUST

4 positions · 4 reported rows

Rows Cavalier Investments, LLC reported for SPDR SERIES TRUST, as it reported them
SPDR SERIES TRUST · STATE STREET SPD · CALL CUSIP — src ↗	$6.5M	60,000
SPDR S&P AEROSPACE · STATE STREET SPD CUSIP — src ↗	$3.5M	13,804
SPDR PORTFOLIO S&P 400 MID CAP ETF · STATE STREET SPD CUSIP — src ↗	$1.7M	29,539
State Street SPDR SP Metals Mining ETF · STATE STREET SPD CUSIP — src ↗	$252K	2,334

ticker not yet mapped

$12.0M

105,677

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AEROVIRONMENT INC · COM · CALL CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$10.1M

55,000

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

BRISTOL-MYERS SQUIBB CO · COM · CALL CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$9.1M

150,000

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

IONQ INC · COM · CALL CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$8.6M

300,000

0.2%

—

FT VEST GOLD STRT TRGT INCM ETF · FT VEST GOLD CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$8.3M

323,655

0.2%

—

GLOBAL X FDS

3 positions · 3 reported rows

Rows Cavalier Investments, LLC reported for GLOBAL X FDS, as it reported them
GLOBAL X FDS · US INFR DEV ETF · CALL CUSIP 37954Y673 src ↗	$5.1M	100,000
GLOBAL X FDS · GLOBAL X URANIUM · CALL CUSIP 37954Y871 src ↗	$2.4M	50,000
Global X MSCI Colombia ETF · GLBX MSCI COLUM CUSIP 37954Y327 src ↗	$631K	15,962

ticker not yet mapped

$8.1M

165,962

0.2%

—

VANGUARD VALUE ETF · VALUE ETF CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$7.9M

40,239

0.2%

—

ISHARES TR

2 positions · 2 reported rows

Rows Cavalier Investments, LLC reported for ISHARES TR, as it reported them
ISHARES TR · U.S. INSRNCE ETF CUSIP — src ↗	$5.9M	45,960
iShares Global Infrastructure ETF · GLB INFRASTR ETF CUSIP — src ↗	$1.3M	19,796

ticker not yet mapped

$7.2M

65,756

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MICROSTRATEGY CL A ORD

2 positions · 2 reported rows

Rows Cavalier Investments, LLC reported for MICROSTRATEGY CL A ORD, as it reported them
MICROSTRATEGY CL A ORD · CL A NEW CUSIP — src ↗	$3.3M	26,167
STRATEGY INC · CL A NEW · PUT CUSIP — src ↗	$3.2M	25,300

$6.4M

51,467

0.2%

—

RIGETTI COMPUTING INC · COMMON STOCK · CALL CUSIP 76655K103
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$5.6M

400,000

0.2%

—

Vanguard FTSE Europe ETF · FTSE EUROPE ETF CUSIP 922042874
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$5.4M

65,057

0.1%

—

INVESCO EXCHANGE TRADED FD T · PHARMACEUTICALS CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$4.8M

45,960

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

NOVO-NORDISK A S · ADR · CALL CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$4.6M

125,000

0.1%

—

SIMPLIFY VOLATILITY PREMIUM ETF · VOLATILITY PREM CUSIP 82889N863
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$4.0M

260,455

0.1%

—

ISHARES TR · MSCI PERU AND GL CUSIP 464289842
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$3.7M

46,080

0.1%

—

ATT · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$3.5M

121,470

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ALBEMARLE CORP · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$3.3M

18,160

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

Apple, Inc. · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$3.1M

12,245

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

FREEPORT MCMORAN INC

2 positions · 2 reported rows

Rows Cavalier Investments, LLC reported for FREEPORT MCMORAN INC, as it reported them
FREEPORT MCMORAN INC · CL B · CALL CUSIP — src ↗	$1.5M	25,000
Freeport-McMoRan Inc · CL B CUSIP — src ↗	$1.4M	23,440

$2.8M

48,440

0.1%

—

CBOE GLOBAL MARKETS ORD · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$2.7M

9,444

0.1%

—

UBS AG ETRACS CD OL CR CL ETN · ETRACS CRUDE OIL CUSIP 22539U602
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$2.7M

46,000

0.1%

—

IESC · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$2.6M

5,560

0.1%

—

YIELDMAX GOOGL OPTN INC STGY ETF

6 positions · 6 reported rows

Rows Cavalier Investments, LLC reported for YIELDMAX GOOGL OPTN INC STGY ETF, as it reported them
YIELDMAX GOOGL OPTN INC STGY ETF · YIELDMAX GOOGL CUSIP 88634T790 src ↗	$586K	46,166
YIELDMAX AAPL OPT INC STRTGY ETF · YIELDMAX AAPL CUSIP 88634T857 src ↗	$484K	41,123
YIELDMAX NVDA OPTN INC STRGY ETF · YIELDMAX NVDA CUSIP 88634T774 src ↗	$426K	32,819
YIELDMAX AMZN OPTN INC STRGY ETF · YIELDMAX AMZN OP CUSIP 88634T840 src ↗	$387K	35,107
YIELDMAX MSFT OPTN INC STRG ETF · YIELDMAX MSFT OP CUSIP 88634T428 src ↗	$366K	31,657
YIELDMAX META OPTN INC STGY ETF · YIELDMAX META CUSIP 88634T816 src ↗	$336K	33,265

ticker not yet mapped

$2.6M

220,137

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

SUPER MICRO COMPUTER INC · COM NEW · CALL CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$2.3M

100,000

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

USA RARE EARTH INC · COM · CALL CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$2.3M

150,000

0.1%

—

Global X MSCI Argentina ETF · GB MSCI AR ETF CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$2.1M

22,761

0.1%

—

iShares MSCI Poland ETF · MSCI POLAND ETF CUSIP 46429B606
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$1.8M

50,044

0.0%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

Newmont Corporation · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$1.6M

14,915

0.0%

—

AROC · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$1.1M

31,932

0.0%

—

ELI LILLY ORD · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$888K

966

0.0%

—

Facebook Inc · CL A CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$768K

1,342

0.0%

1–20 of 51 issuers

Change kind and share change are in Position changes above; Congress overlap is planned.

One line per issuer, largest first; a row with no issuer key stands on its own line. Open a line for its rows as this filer reported them. The list holds every row this filer reported for the quarter. Issuer totals on the holders pages count each manager's own report once; that never removes a row here. how positions are grouped ↗

Book shape

2026-03-31 · concentration · vs tracked median · tick = median

Top-25 concentration: 87.7%above median 80.0%
Concentration index: 1,154 bpsabove median 446 bps
Positions with value: 112 / 112median book 97.5 positions

Concentration uses reported 13F long value, not total assets. The index is withheld when any position lacks a value. Medians are over the 8,748 tracked filers with a 2026-03-31 book; the index median over the 8,662 with a complete book.

holdings whose <value> did not parse — retained and counted, never zero-filled: 0 · share of the period's disclosed value held in the top-N positions; denominator is reported 13F value, not total assets: 87.7% · integer Herfindahl–Hirschman index in basis points over disclosed position values: 1,154 · QoQ moves: 140

Filing history

AVAILABLE QUARTERS

Available filing periods
Period	Source
2026-03-31	EDGAR ↗

PLANNED sector rotation · Congress overlap · signals for this filer

Complete source filings on SEC EDGAR

The complete filing on EDGAR.

The position list above is served from the published Public Filings build, each position as this filer reported it; where the page cannot embed every reported row, the list says how many it leaves out. This block is provenance, not a substitute: the filing itself is the record, and it is one click away. Public Filings decided on 2026-08-01 to serve this list from its published build; filings newer than this build are on EDGAR.

Open Cavalier Investments, LLC's 13F filings on SEC EDGAR ↗

Notes on this data

Reported positions

Quarter-end holdings as filed

Explore the full published position list and its source filing. This record excludes the manager’s cash, shorts and non-13(f) assets.

Share changes

Compare consecutive quarters

Position changes retain the producer’s classification and comparability flags. Share counts and reported values describe different changes.

Coverage

A snapshot, not current holdings

Use the quarter selector to inspect available periods. Unknown values stay unknown and each table states its coverage.

A 13F is a quarterly, long-only snapshot filed up to 45 days late — not current holdings. what a 13F covers ↗

13F reports cover LONG positions in Section 13(f) securities (US exchange-traded equities plus reportable options, warrants, certain convertibles) held by managers with at least $100M in such securities — so managers below that threshold are absent entirely. No short positions, no cash, no non-13(f) assets — not a full portfolio, and not a census of institutional ownership.

Positions are quarter-end snapshots filed up to 45 days late — not current holdings. A position may have been changed or closed before you ever see it, and is older still by however long ago that quarter ended.

Values are the manager's stated market value at quarter-end in era-dependent units (whole dollars for form versions effective 2023-01-03 onward, thousands before), normalized here to whole dollars with unit_basis carried on every record.

Affiliated managers may report the same position (otherManager), so one position can appear under more than one filer.

Positions under confidential treatment may be omitted until a later amendment discloses them.

These are disclosures, not investment advice (ARCHITECTURE.md §5.2 / M2-CONTRACT §5).