# Capitolis Liquid Global Markets LLC

> Institutional holdings reported to the SEC as of Q4 2025 on Form 13F. CIK 1960050. Source: https://holderbook.com/funds/1960050-capitolis-liquid-global-markets-llc/

- Reported value: $16.8B
- Positions: 317
- Weight of the ten largest: 41.3%
- Filed: 2026-02-17

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 |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.1B | 5,954,156 | 6.6% | 9 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $841.1M | 1,274,241 | 5.0% | 9 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $793.6M | 2,919,147 | 4.7% | 9 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $783.1M | 2,262,678 | 4.7% | 9 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $765.5M | 1,582,878 | 4.6% | 9 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $728.7M | 2,328,259 | 4.3% | 8 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $682.4M | 12,406,855 | 4.1% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $563.4M | 2,440,703 | 3.4% | 9 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $358.2M | 415,428 | 2.1% | 9 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $304.4M | 944,735 | 1.8% | 9 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $285.1M | 265,299 | 1.7% | 8 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $285.0M | 503,171 | 1.7% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $281.5M | 897,067 | 1.7% | 9 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $259.5M | 454,500 | 1.5% | 9 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $234.8M | 3,048,500 | 1.4% | 9 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $199.6M | 1,997,600 | 1.2% | 9 |
| KENVUE INC | [KVUE](https://holderbook.com/stocks/KVUE/) | $188.9M | 10,950,999 | 1.1% | 6 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $188.7M | 1,315,008 | 1.1% | 9 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $184.0M | 34,367 | 1.1% | 8 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $182.9M | 1,641,803 | 1.1% | 9 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $169.5M | 337,227 | 1.0% | 8 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $163.3M | 919,795 | 1.0% | 3 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $158.2M | 890,229 | 0.9% | 4 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $153.8M | 673,317 | 0.9% | 9 |
| ELECTRONIC ARTS INC | [EA](https://holderbook.com/stocks/EA/) | $149.9M | 733,738 | 0.9% | 1 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $148.6M | 560,979 | 0.9% | 9 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $147.7M | 863,370 | 0.9% | 9 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $147.6M | 648,000 | 0.9% | 7 |
| SOUTHWEST AIRLS CO | [LUV](https://holderbook.com/stocks/LUV/) | $142.3M | 3,443,500 | 0.8% | 6 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $142.1M | 2,275,100 | 0.8% | 1 |
| SMUCKER J M CO | [SJM](https://holderbook.com/stocks/SJM/) | $128.2M | 1,311,000 | 0.8% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $124.3M | 276,367 | 0.7% | 8 |
| TERNS PHARMACEUTICALS INC | [TERN](https://holderbook.com/stocks/TERN/) | $123.0M | 3,045,200 | 0.7% | 1 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $122.4M | 100,774 | 0.7% | 5 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $114.1M | 1,698,950 | 0.7% | 6 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $111.1M | 2,081,500 | 0.7% | 2 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $106.8M | 697,140 | 0.6% | 2 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $105.8M | 738,022 | 0.6% | 9 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $104.7M | 158,000 | 0.6% | 5 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $99.6M | 289,517 | 0.6% | 9 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $97.6M | 455,913 | 0.6% | 1 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $96.6M | 1,382,032 | 0.6% | 9 |
| SEA LTD | [SE](https://holderbook.com/stocks/SE/) | $86.0M | 673,970 | 0.5% | 1 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $85.6M | 3,563,000 | 0.5% | 1 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $84.4M | 1,008,300 | 0.5% | 1 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $83.4M | 288,900 | 0.5% | 1 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $82.3M | 185,000 | 0.5% | 1 |
| COSTAR GROUP INC | [CSGP](https://holderbook.com/stocks/CSGP/) | $79.6M | 1,184,000 | 0.5% | 1 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $79.2M | 292,000 | 0.5% | 8 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $77.5M | 980,627 | 0.5% | 9 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $77.4M | 301,328 | 0.5% | 8 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $73.4M | 257,000 | 0.4% | 9 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $72.8M | 419,492 | 0.4% | 8 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $71.1M | 232,582 | 0.4% | 8 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $70.7M | 576,000 | 0.4% | 2 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $70.6M | 121,812 | 0.4% | 8 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $70.2M | 749,159 | 0.4% | 1 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $69.3M | 209,940 | 0.4% | 9 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $62.3M | 937,000 | 0.4% | 1 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $62.3M | 319,175 | 0.4% | 2 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $61.7M | 80,000 | 0.4% | 8 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $61.5M | 720,200 | 0.4% | 3 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $61.4M | 315,000 | 0.4% | 1 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $61.3M | 525,000 | 0.4% | 6 |
| STRUCTURE THERAPEUTICS INC | [GPCR](https://holderbook.com/stocks/GPCR/) | $61.1M | 878,300 | 0.4% | 1 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $61.0M | 211,305 | 0.4% | 1 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $59.2M | 451,954 | 0.4% | 5 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $55.8M | 165,200 | 0.3% | 1 |
| VANECK ETF TRUST | [GDXJ](https://holderbook.com/stocks/GDXJ/) | $55.3M | 486,000 | 0.3% | 1 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $53.2M | 230,000 | 0.3% | 3 |
| TAL ED GROUP | [TAL](https://holderbook.com/stocks/TAL/) | $52.1M | 4,779,700 | 0.3% | 3 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $52.0M | 473,000 | 0.3% | 8 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $51.3M | 285,000 | 0.3% | 1 |
| ISHARES TR | [FXI](https://holderbook.com/stocks/FXI/) | $50.7M | 1,324,000 | 0.3% | 4 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $50.1M | 143,197 | 0.3% | 9 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $48.5M | 460,400 | 0.3% | 9 |
| MACOM TECH SOLUTIONS HLDGS I | [MTSI](https://holderbook.com/stocks/MTSI/) | $46.9M | 274,000 | 0.3% | 2 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $45.5M | 219,911 | 0.3% | 9 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $41.5M | 443,239 | 0.2% | 8 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $40.4M | 37,707 | 0.2% | 2 |
| PG&E CORP | [PCG](https://holderbook.com/stocks/PCG/) | $40.2M | 2,498,900 | 0.2% | 8 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $37.6M | 155,000 | 0.2% | 2 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $37.4M | 276,424 | 0.2% | 2 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $36.4M | 302,275 | 0.2% | 7 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $36.0M | 975,449 | 0.2% | 8 |
| CELCUITY INC | [CELC](https://holderbook.com/stocks/CELC/) | $35.4M | 355,200 | 0.2% | 1 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $33.3M | 112,500 | 0.2% | 6 |
| ARCH CAP GROUP LTD | [ACGL](https://holderbook.com/stocks/ACGL/) | $32.5M | 339,000 | 0.2% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $32.2M | 211,416 | 0.2% | 2 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $32.2M | 125,251 | 0.2% | 9 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $30.8M | 77,670 | 0.2% | 1 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $30.3M | 317,304 | 0.2% | 3 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $29.4M | 135,438 | 0.2% | 5 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $28.9M | 93,700 | 0.2% | 6 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $28.3M | 283,818 | 0.2% | 3 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $27.5M | 540,590 | 0.2% | 1 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $27.0M | 143,632 | 0.2% | 2 |
| AVERY DENNISON CORP | [AVY](https://holderbook.com/stocks/AVY/) | $26.7M | 147,000 | 0.2% | 1 |
| LULULEMON ATHLETICA INC | [LULU](https://holderbook.com/stocks/LULU/) | $26.6M | 128,000 | 0.2% | 1 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $26.3M | 75,000 | 0.2% | 5 |

## 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 | +3.8% | +2.4% | +1.4% | 100% |
| Q3 2025 | +9.1% | +7.8% | +1.3% | 100% |
| Q2 2025 | +13.1% | +10.5% | +2.7% | 100% |
| Q1 2025 | -6.0% | -4.6% | -1.4% | 100% |
| Q4 2024 | +1.7% | +2.1% | -0.4% | 100% |
| Q3 2024 | +4.8% | +5.4% | -0.6% | 100% |
| Q2 2024 | +7.3% | +4.0% | +3.3% | 100% |
| Q1 2024 | +10.5% | +10.0% | +0.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2025 | $16.8B | 317 |
| Q3 2025 | $12.5B | 237 |
| Q2 2025 | $13.7B | 244 |
| Q1 2025 | $11.3B | 214 |
| Q4 2024 | $10.3B | 124 |
| Q3 2024 | $9.4B | 109 |
| Q2 2024 | $8.1B | 111 |
| Q1 2024 | $6.2B | 115 |
| Q4 2023 | $2.4B | 74 |