# Galaxy Group Investments LLC

> Institutional holdings reported to the SEC as of Q4 2025 on Form 13F. CIK 1912562. Source: https://holderbook.com/funds/1912562-galaxy-group-investments-llc/

- Reported value: $843.0M
- Positions: 44
- Weight of the ten largest: 88.9%
- Filed: 2026-03-24

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 |
|---|---|---|---|---|---|
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $381.8M | 6,090,206 | 45.3% | 5 |
| ARK 21SHARES BITCOIN ETF | [ARKB](https://holderbook.com/stocks/ARKB/) | $148.6M | 5,117,500 | 17.6% | 5 |
| INVESCO GALAXY BITCOIN ETF | [BTCO](https://holderbook.com/stocks/BTCO/) | $63.2M | 725,000 | 7.5% | 5 |
| FORWARD INDS INC N Y | [FWDI](https://holderbook.com/stocks/FWDI/) | $53.6M | 8,108,108 | 6.4% | 2 |
| BULLISH | [BLSH](https://holderbook.com/stocks/BLSH/) | $23.7M | 625,000 | 2.8% | 2 |
| SSGA ACTIVE TR | [HECO](https://holderbook.com/stocks/HECO/) | $23.4M | 590,000 | 2.8% | 3 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $15.4M | 105,150 | 1.8% | 1 |
| HYPERLIQUID STRATEGIES INC | [PURR](https://holderbook.com/stocks/PURR/) | $15.2M | 4,260,476 | 1.8% | 1 |
| ISHARES ETHEREUM TR | [ETHA](https://holderbook.com/stocks/ETHA/) | $12.5M | 555,890 | 1.5% | 3 |
| CANAAN INC | [CAN](https://holderbook.com/stocks/CAN/) | $12.1M | 17,500,000 | 1.4% | 1 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $8.8M | 31,040 | 1.0% | 1 |
| DBX ETF TR | [ASHR](https://holderbook.com/stocks/ASHR/) | $8.8M | 157,750 | 1.0% | 3 |
| ZOOM COMMUNICATIONS INC | [ZM](https://holderbook.com/stocks/ZM/) | $8.6M | 0 | 1.0% | 1 |
| INVESCO GALAXY ETHEREUM ETF | [QETH](https://holderbook.com/stocks/QETH/) | $8.6M | 290,000 | 1.0% | 5 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $8.6M | 0 | 1.0% | 1 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $5.6M | 6,700 | 0.7% | 1 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $4.7M | 0 | 0.6% | 1 |
| STUBHUB HLDGS INC | [STUB](https://holderbook.com/stocks/STUB/) | $4.5M | 331,708 | 0.5% | 1 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $4.5M | 0 | 0.5% | 1 |
| DEFI TECHNOLOGIES INC | [DEFT](https://holderbook.com/stocks/DEFT/) | $3.8M | 4,971,695 | 0.4% | 2 |
| TERRESTRIAL ENERGY INC | [IMSR](https://holderbook.com/stocks/IMSR/) | $3.1M | 500,000 | 0.4% | 1 |
| ISHARES TR | [FXI](https://holderbook.com/stocks/FXI/) | $2.7M | 0 | 0.3% | 1 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $2.4M | 22,500 | 0.3% | 1 |
| PROCAP FINL INC | [BRR](https://holderbook.com/stocks/BRR/) | $2.2M | 625,000 | 0.3% | 1 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $2.2M | 0 | 0.3% | 1 |
| ISHARES INC | [EWZ](https://holderbook.com/stocks/EWZ/) | $2.1M | 0 | 0.2% | 1 |
| FUTURECREST ACQUISITION CORP | [FCRSU](https://holderbook.com/stocks/FCRSU/) | $2.0M | 200,000 | 0.2% | 2 |
| MF INTL LTD | [MFI](https://holderbook.com/stocks/MFI/) | $1.9M | 100,000 | 0.2% | 1 |
| KRANESHARES TRUST | [KWEB](https://holderbook.com/stocks/KWEB/) | $1.1M | 33,200 | 0.1% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.0M | 5,600 | 0.1% | 1 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $1.0M | 8,500 | 0.1% | 1 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $993.1K | 5,000 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $886.2K | 4,640 | 0.1% | 1 |
| AVAX ONE TECHNOLOGY LTD | [AVX](https://holderbook.com/stocks/AVX/) | $639.8K | 423,729 | 0.1% | 1 |
| GRAYSCALE BITCOIN TRUST ETF | [GBTC](https://holderbook.com/stocks/GBTC/) | $569.8K | 8,335 | 0.1% | 5 |
| SHIFT4 PMTS INC | [FOUR](https://holderbook.com/stocks/FOUR/) | $560.6K | 8,902 | 0.1% | 5 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $550.7K | 2,200 | 0.1% | 1 |
| SPDR SERIES TRUST | [XHB](https://holderbook.com/stocks/XHB/) | $463.3K | 4,500 | 0.1% | 1 |
| NORTHERN DYNASTY MINERALS LT | [NAK](https://holderbook.com/stocks/NAK/) | $405.0K | 0 | 0.0% | 1 |
| BNB PLUS CORP | [BNBX](https://holderbook.com/stocks/BNBX/) | $231.5K | 188,210 | 0.0% | 1 |
| K WAVE MEDIA LTD | [KWM](https://holderbook.com/stocks/KWM/) | $164.0K | 400,000 | 0.0% | 2 |
| BITCOIN DEPOT INC | [BTMWQ](https://holderbook.com/stocks/BTMWQ/) | $44.9K | 400,000 | 0.0% | 1 |
| HCM III ACQUISITION CORP | [HCMAW](https://holderbook.com/stocks/HCMAW/) | $7.5K | 14,900 | 0.0% | 1 |
| 1RT ACQUISITION CORP. | [ONCHW](https://holderbook.com/stocks/ONCHW/) | $7.3K | 12,500 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2025 | -35.6% | +2.4% | -38.0% | 82% |
| Q3 2025 | +8.5% | +7.8% | +0.6% | 73% |
| Q2 2025 | +34.5% | +10.5% | +24.1% | 91% |
| Q1 2025 | -12.4% | -4.6% | -7.9% | 92% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2025 | $843.0M | 44 |
| Q3 2025 | $1.9B | 35 |
| Q2 2025 | $1.0B | 27 |
| Q1 2025 | $803.9M | 20 |
| Q4 2024 | $1.1B | 15 |