# DBA TRADING, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2067608. Source: https://holderbook.com/funds/2067608-dba-trading-llc/

- Reported value: $198.9M
- Positions: 39
- Weight of the ten largest: 89.8%
- Filed: 2026-07-20

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 |
|---|---|---|---|---|---|
| APPLIED DIGITAL CORP | [APLD](https://holderbook.com/stocks/APLD/) | $132.4M | 5,576,235 | 66.5% | 3 |
| BRC GROUP HOLDINGS INC | [RILY](https://holderbook.com/stocks/RILY/) | $23.6M | 3,227,869 | 11.9% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $5.6M | 19,600 | 2.8% | 2 |
| SEQUANS COMMUNICATIONS S A | [SQNS](https://holderbook.com/stocks/SQNS/) | $3.5M | 1,400,111 | 1.8% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.2M | 8,600 | 1.6% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.9M | 10,200 | 1.5% | 2 |
| FERROGLOBE PLC | [GSM](https://holderbook.com/stocks/GSM/) | $1.9M | 460,000 | 1.0% | 3 |
| DRIVEN BRANDS HLDGS INC | [DRVN](https://holderbook.com/stocks/DRVN/) | $1.9M | 150,000 | 1.0% | 3 |
| OLIN CORP | [OLN](https://holderbook.com/stocks/OLN/) | $1.8M | 60,000 | 0.9% | 3 |
| MAGNITE INC | [MGNI](https://holderbook.com/stocks/MGNI/) | $1.8M | 150,000 | 0.9% | 3 |
| KAYNE ANDERSON BDC INC | [KBDC](https://holderbook.com/stocks/KBDC/) | $1.7M | 121,998 | 0.8% | 2 |
| AMN HEALTHCARE SVCS INC | [AMN](https://holderbook.com/stocks/AMN/) | $1.6M | 87,000 | 0.8% | 3 |
| SUPER MICRO COMPUTER INC | [SMCI](https://holderbook.com/stocks/SMCI/) | $1.3M | 58,000 | 0.7% | 2 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.3M | 2,000 | 0.7% | 3 |
| GENESIS ENERGY L P | [GEL](https://holderbook.com/stocks/GEL/) | $1.3M | 72,500 | 0.6% | 3 |
| EURONET WORLDWIDE INC | [EEFT](https://holderbook.com/stocks/EEFT/) | $1.2M | 18,500 | 0.6% | 3 |
| IREN LIMITED | [IREN](https://holderbook.com/stocks/IREN/) | $1.2M | 35,700 | 0.6% | 2 |
| STRATEGY INC | [MSTR](https://holderbook.com/stocks/MSTR/) | $1.1M | 9,200 | 0.6% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.0M | 6,000 | 0.5% | 3 |
| AMENTUM HOLDINGS INC | [AMTM](https://holderbook.com/stocks/AMTM/) | $813.6K | 31,196 | 0.4% | 3 |
| XPONENTIAL FITNESS INC | [XPOF](https://holderbook.com/stocks/XPOF/) | $799.9K | 132,877 | 0.4% | 3 |
| RYERSON HLDG CORP | [RYZ](https://holderbook.com/stocks/RYZ/) | $786.8K | 35,000 | 0.4% | 3 |
| THE REAL BROKERAGE INC | [REAX](https://holderbook.com/stocks/REAX/) | $750.0K | 300,000 | 0.4% | 2 |
| GOLAR LNG LTD | [GLNG](https://holderbook.com/stocks/GLNG/) | $649.3K | 12,000 | 0.3% | 2 |
| GAMESTOP CORP | [GME](https://holderbook.com/stocks/GME/) | $645.1K | 28,000 | 0.3% | 2 |
| ENERFLEX LTD | [EFXT](https://holderbook.com/stocks/EFXT/) | $502.1K | 24,000 | 0.3% | 3 |
| GLASS HOUSE BRANDS INC | [GLAS](https://holderbook.com/stocks/GLAS/) | $489.6K | 60,000 | 0.2% | 1 |
| BEYOND MEAT INC | [BYND](https://holderbook.com/stocks/BYND/) | $478.1K | 681,400 | 0.2% | 3 |
| ASTERA LABS INC | [ALAB](https://holderbook.com/stocks/ALAB/) | $372.6K | 3,400 | 0.2% | 2 |
| ACV AUCTIONS INC | [ACVA](https://holderbook.com/stocks/ACVA/) | $296.8K | 70,000 | 0.1% | 3 |
| LIFECORE BIOMEDICAL INC | [LFCR](https://holderbook.com/stocks/LFCR/) | $279.0K | 75,000 | 0.1% | 3 |
| ORION S.A. | [OEC](https://holderbook.com/stocks/OEC/) | $256.8K | 39,500 | 0.1% | 3 |
| CARVANA CO | [CVNA](https://holderbook.com/stocks/CVNA/) | $251.5K | 800 | 0.1% | 3 |
| COREWEAVE INC | [CRWV](https://holderbook.com/stocks/CRWV/) | $232.4K | 3,000 | 0.1% | 3 |
| CADIZ INC | [CDZI](https://holderbook.com/stocks/CDZI/) | $226.1K | 46,040 | 0.1% | 3 |
| CIRCLE INTERNET GROUP INC | [CRCL](https://holderbook.com/stocks/CRCL/) | $209.9K | 2,200 | 0.1% | 3 |
| JANUS INTERNATIONAL GROUP IN | [JBI](https://holderbook.com/stocks/JBI/) | $206.0K | 40,000 | 0.1% | 2 |
| AMC ENTMT HLDGS INC | [AMC](https://holderbook.com/stocks/AMC/) | $139.2K | 142,000 | 0.1% | 3 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $79.4K | 1,800 | 0.0% | 2 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | +42.8% | +14.8% | +28.0% | 99% |
| Q1 2026 | -1.4% | -4.6% | +3.2% | 66% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $198.9M | 39 |
| Q1 2026 | $201.3M | 39 |
| Q4 2025 | $155.4M | 38 |