# Bach Option Ltd

> Institutional holdings reported to the SEC as of Q4 2019 on Form 13F. CIK 1667391. Source: https://holderbook.com/funds/1667391-bach-option-ltd/

- Reported value: $236.3M
- Positions: 36
- Weight of the ten largest: 84.8%
- Filed: 2020-01-29

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $94.6M | 10,552 | 40.0% | 5 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $37.4M | 29,450 | 15.8% | 5 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $21.9M | 10,023 | 9.3% | 5 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $8.8M | 2,132 | 3.7% | 5 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $8.0M | 0 | 3.4% | 5 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $7.2M | 0 | 3.1% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $7.2M | 1,345 | 3.1% | 5 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $6.4M | 0 | 2.7% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.7M | 0 | 2.0% | 5 |
| ISHARES TR | [FXI](https://holderbook.com/stocks/FXI/) | $4.0M | 0 | 1.7% | 3 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $3.6M | 0 | 1.5% | 4 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $3.5M | 1,930 | 1.5% | 2 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $2.7M | 0 | 1.1% | 5 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $2.6M | 0 | 1.1% | 1 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $2.4M | 0 | 1.0% | 5 |
| VANECK ETF TRUST | [GDXJ](https://holderbook.com/stocks/GDXJ/) | $2.0M | 0 | 0.9% | 5 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $2.0M | 0 | 0.8% | 3 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.7M | 0 | 0.7% | 5 |
| PRUDENTIAL FINL INC | [PRU](https://holderbook.com/stocks/PRU/) | $1.7M | 0 | 0.7% | 5 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $1.5M | 0 | 0.6% | 2 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $1.2M | 0 | 0.5% | 1 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $1.2M | 0 | 0.5% | 1 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $1.1M | 0 | 0.5% | 4 |
| SOUTHWEST AIRLS CO | [LUV](https://holderbook.com/stocks/LUV/) | $1.1M | 0 | 0.5% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.0M | 0 | 0.4% | 1 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $872.0K | 0 | 0.4% | 2 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $871.0K | 2,962 | 0.4% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $834.0K | 0 | 0.4% | 2 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $761.0K | 0 | 0.3% | 5 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $740.0K | 0 | 0.3% | 3 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $639.0K | 0 | 0.3% | 1 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $604.0K | 0 | 0.3% | 2 |
| BAIDU INC | [BIDU](https://holderbook.com/stocks/BIDU/) | $468.0K | 3,704 | 0.2% | 5 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $403.0K | 0 | 0.2% | 3 |
| VANECK VECTORS ETF TR | [OIHXXXX](https://holderbook.com/stocks/OIHXXXX/) | $298.0K | 0 | 0.1% | 1 |
| LINCOLN NATL CORP IND | [LNC](https://holderbook.com/stocks/LNC/) | $209.0K | 3,547 | 0.1% | 2 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2019 | $236.3M | 36 |
| Q3 2019 | $249.5M | 43 |
| Q2 2019 | $319.2M | 52 |
| Q1 2019 | $236.5M | 50 |
| Q4 2018 | $380.0M | 86 |