— Know what they know.
Not Investment Advice
Hedge Fund ← All Institutions

WOLVERINE ASSET MANAGEMENT LLC

175 W. JACKSON SUITE 340, CHICAGO, IL 60064 • 3128844400

Q3 2025 · Filed 2025-10-28
Market Value
$1.1B
-0.9%
Holdings
964
-41
New Purchases
181
Added To
186
Closed
224
Reduced
216
Top 10 Concentration
21.3%
Turnover
42.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BTSGU 5.09% 3.23% +1.86% $56M
STX 1.24% 0.00% +1.24% $14M
GTERU 1.04% 0.00% +1.04% $11M
SNOW 0.97% 0.00% +0.97% $11M
0HHU.L 1.15% 0.19% +0.96% $13M
NMPAU 0.68% 0.00% +0.68% $7M
WRE 0.88% 0.20% +0.68% $10M
DMIIU 0.64% 0.00% +0.64% $7M
LYV 0.59% 0.00% +0.59% $7M
SBXD-UN 0.64% 0.05% +0.58% $7M
OBA 0.56% 0.00% +0.56% $6M
HST 0.52% 0.00% +0.52% $6M
ISRG 0.51% 0.00% +0.51% $6M
BLUW 0.48% 0.00% +0.48% $5M
HTZ 0.69% 0.22% +0.46% $8M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IBIT 3.26% 6.39% -3.13% $36M
AAPL 0.00% 1.89% -1.89% $0
NEE-PR 0.00% 1.56% -1.56% $0
SNAP 0.19% 1.62% -1.43% $2M
VCIC 0.13% 1.29% -1.15% $1M
TSLA 0.00% 0.85% -0.85% $0
XRPN 0.15% 0.87% -0.72% $2M
W 0.07% 0.76% -0.68% $825K
LOW 0.00% 0.68% -0.68% $6K
UNH 0.00% 0.67% -0.67% $0
SBUX 0.17% 0.79% -0.62% $2M
LITE 0.00% 0.60% -0.60% $0
WBA 0.00% 0.60% -0.60% $0
IBAC 0.10% 0.66% -0.57% $1M
MCHP 0.01% 0.52% -0.52% $62K

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 51.8%
Technology 9.9%
Real Estate 8.0%
Industrials 7.2%
Consumer Cyclical 6.0%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 34 $41M 3.7%
Large Cap 176 $294M 26.6%
Mid Cap 178 $238M 21.5%
Small Cap 268 $325M 29.4%
Micro Cap 308 $207M 18.8%

Portfolio Analytics

Avg Market Cap
$38.0B
Median Market Cap
$1.0B
Avg P/E
36.2
Median P/E
23.5
Avg Dividend Yield
0.03%
Avg Beta
1.03
# Stocks
784
# ETFs / Funds
180

Top Holdings (964 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 BTSGU 5.09% 554,985 $56M $101.26 $20M +119,322 +27.4%
2 IBIT 3.26% 553,690 $36M $65.00 -$35M -609,104 -52.4%
3 YCY 2.44% 2,558,810 $27M $10.52 $3M +278,413 +12.2%
4 ANSC 1.77% 1,795,829 $20M $10.91 $763K +60,363 +3.5%
5 ETHA 1.75% 614,234 $19M $31.51 $2M -286,600 -31.8%
6 GTLS-PB 1.54% 239,041 $17M $71.23 $5M +35,273 +17.3%
7 MLAC 1.53% 1,642,711 $17M $10.30 $981K +89,253 +5.8%
8 TDAC 1.46% 1,557,134 $16M $10.35 $2M +202,443 +14.9%
9 MFA 1.26% 1,513,503 $14M $9.19 $5M +552,517 +57.5%
10 STX 1.24% 57,979 $14M $236.06 +57,979 NEW
11 0HHU.L 1.15% 848,724 $13M $14.94 $11M +722,160 +570.6%
12 ASTS 1.14% 256,401 $13M $49.08 $505K -2,077 -0.8%
13 ESRT 1.08% 1,561,474 $12M $7.66 $5M +659,543 +73.1%
14 GTERU 1.04% 1,149,484 $11M $9.98 +1,149,484 NEW
15 SNOW 0.97% 47,461 $11M $225.55 +47,461 NEW
16 JACS 0.93% 987,487 $10M $10.38 $4M +361,165 +57.7%
17 WRE 0.88% 574,937 $10M $16.86 $7M +433,548 +306.6%
18 IVR 0.81% 1,191,069 $9M $7.56 $1M +226,411 +23.5%
19 SZZLU 0.74% 810,419 $8M $10.08 -$594K -61,500 -7.0%
20 PGACU 0.70% 750,245 $8M $10.26 $15K -4,433 -0.6%
21 BDN 0.69% 1,837,528 $8M $4.17 $3M +773,270 +72.7%
22 HTZ 0.69% 1,113,919 $8M $6.80 $5M +747,022 +203.6%
23 NMPAU 0.68% 752,862 $7M $9.93 +752,862 NEW
24 AG 0.67% 598,028 $7M $12.29 $229K -262,987 -30.5%
25 DMIIU 0.64% 715,057 $7M $9.94 +715,057 NEW
26 SBXD-UN 0.64% 672,612 $7M $10.47 $6M +619,358 +1163.0%
27 CIM 0.63% 526,925 $7M $13.22 -$4M -234,897 -30.8%
28 IPODU 0.61% 665,087 $7M $10.12 $1M +127,187 +23.6%
29 CRM 0.61% 28,242 $7M $237.00 $953K +7,192 +34.2%
30 LIN 0.60% 13,931 $7M $475.00 $1M +2,820 +25.4%
31 LYV 0.59% 39,780 $7M $163.40 +39,780 NEW
32 OBA 0.56% 624,224 $6M $9.94 +624,224 NEW
33 QSEAU 0.54% 584,505 $6M $10.13 $564K +51,180 +9.6%
34 PDM 0.53% 652,512 $6M $9.00 $3M +219,418 +50.7%
35 HST 0.52% 339,252 $6M $17.02 +339,252 NEW
36 ISRG 0.51% 12,670 $6M $447.23 +12,670 NEW
37 ENPH 0.51% 157,970 $6M $35.39 $5M +141,169 +840.2%
38 COLA 0.50% 537,058 $5M $10.21 $93K +5,274 +1.0%
39 ETSY 0.49% 81,979 $5M $66.39 $2M +7,900 +10.7%
40 BLUW 0.48% 530,393 $5M $9.97 +530,393 NEW
41 OTGA 0.46% 500,000 $5M $10.07 +500,000 NEW
42 HOUS 0.42% 441,002 $5M $10.59 $3M
43 COOP 0.42% 22,071 $5M $210.79 $2M +2,170 +10.9%
44 PELIR 0.42% 461,569 $5M $10.06 $102K +8,838 +1.9%
45 STAG 0.41% 129,263 $5M $35.29 $4M +103,820 +408.1%
46 AFJK 0.41% 401,754 $5M $11.32 $63K -3,003 -0.7%
47 IPG 0.41% 162,814 $5M $27.91 $2M +73,765 +82.8%
48 PG 0.40% 28,758 $4M $153.65 $1M +9,762 +51.4%
49 K 0.40% 53,864 $4M $82.02 $552K +5,260 +10.8%
50 WTG 0.40% 436,398 $4M $10.06 +436,398 NEW
51 ORIQ 0.40% 436,403 $4M $10.05 +436,403 NEW
52 NMAI 0.40% 336,983 $4M $12.98 -$763K -69,756 -17.1%
53 KRG 0.40% 196,035 $4M $22.30 +196,035 NEW
54 PKG 0.39% 20,000 $4M $217.93 $590K
55 CCL 0.39% 150,365 $4M $28.91 -$2M -58,300 -27.9%
56 USA 0.39% 683,152 $4M $6.34 $3M +492,854 +259.0%
57 HALO 0.38% 57,860 $4M $73.34 +57,860 NEW
58 ALE 0.38% 63,568 $4M $66.40 $627K +7,480 +13.3%
59 INFA 0.38% 169,234 $4M $24.84 $4M +163,534 +2869.0%
60 GTLS 0.38% 20,878 $4M $200.15 $3M +13,540 +184.5%
61 EMISU 0.38% 418,256 $4M $9.98 +418,256 NEW
62 BAC-PL 0.37% 3,205 $4M $1,280.09 $191K -20 -0.6%
63 VRNA 0.37% 38,419 $4M $106.71 +38,419 NEW
64 EXEEZ 0.37% 40,906 $4M $99.41 -$604K -700 -1.7%
65 TXN 0.37% 22,004 $4M $183.73 +22,004 NEW
66 FYBR 0.36% 105,037 $4M $37.35 $114K +400 +0.4%
67 IPEX 0.35% 382,490 $4M $10.24 $194K +15,009 +4.1%
68 DD 0.35% 50,000 $4M $77.90 $603K +2,000 +4.2%
69 COPL 0.35% 384,578 $4M $10.11 $367K +34,878 +10.0%
70 ADBE 0.35% 10,876 $4M $352.75 $187K +1,444 +15.3%
71 BSAA 0.34% 376,370 $4M $10.06 +376,370 NEW
72 QBTS 0.34% 152,942 $4M $24.71 $2M +64,577 +73.1%
73 RMT 0.34% 356,932 $4M $10.39 -$848K -135,714 -27.6%
74 KCHV 0.34% 369,517 $4M $10.03 +369,517 NEW
75 DIAX 0.33% 246,737 $4M $14.89 $93K -2,981 -1.2%
76 CHPGU 0.33% 361,125 $4M $10.07 $92K +6,709 +1.9%
77 CAR 0.33% 22,614 $4M $160.57 -$387K -1,157 -4.9%
78 UDR 0.33% 97,312 $4M $37.26 $2M +46,594 +91.9%
79 0A52.L 0.32% 237,742 $4M $14.97 $880K -87,394 -26.9%
80 ALNY 0.32% 7,800 $4M $456.00 +7,800 NEW
81 BIGZ 0.32% 528,036 $4M $6.70 $3M +516,002 +4287.9%
82 CGCT 0.32% 351,048 $4M $10.04 -$7K -1,566 -0.4%
83 TVAIR 0.32% 347,118 $3M $10.04 +347,118 NEW
84 CHDN 0.31% 35,364 $3M $97.01 -$82K +586 +1.7%
85 CTLP 0.31% 321,249 $3M $10.57 $1M +147,786 +85.2%
86 HQL 0.30% 215,521 $3M $15.51 $2M +72,601 +50.8%
87 MBVIU 0.30% 330,000 $3M $10.12 +330,000 NEW
88 PEO 0.30% 155,166 $3M $21.52 $899K +40,996 +35.9%
89 ADAMH 0.29% 466,699 $3M $6.97 $1M +143,549 +44.4%
90 LXP 0.29% 361,809 $3M $8.96 $2M +196,027 +118.2%
91 BMEZ 0.29% 224,518 $3M $14.42 $3M +220,701 +5782.1%
92 COMM 0.29% 208,206 $3M $15.48 -$587K -251,991 -54.8%
93 DRH 0.29% 404,078 $3M $7.96 +404,078 NEW
94 VST 0.28% 16,022 $3M $195.92 -$141K -900 -5.3%
95 AL 0.28% 48,867 $3M $63.65 +48,867 NEW
96 CHI 0.28% 282,557 $3M $10.79 $916K +79,782 +39.4%
97 CPT 0.27% 28,279 $3M $106.78 $2M +22,438 +384.1%
98 SEE 0.27% 85,000 $3M $35.35 +85,000 NEW
99 APO-PA 0.27% 42,477 $3M $70.46 $1M +21,382 +101.4%
100 CZR 0.27% 109,374 $3M $27.02 -$149K

Options Breakdown

158 Calls $1.2B Call Value 343 Puts $5.4B Put Value 4.49 P/C Ratio

Top Calls

SymbolSharesValueStatus
V 305,900 $104M
AAPL 368,200 $94M
NVDA 456,000 $85M
INTC 1,608,700 $54M
GOOG 198,700 $48M
AMZN 210,000 $46M
MSFT 84,100 $44M
TSLA 97,400 $43M
META 53,900 $40M
AMD 233,300 $38M

Top Puts

SymbolSharesValueStatus
LCID 20,300,700 $483M NEW
MSTR 1,334,000 $430M
IREN 5,270,600 $247M
RIVN 13,989,800 $205M
RKLB 3,562,800 $171M
NIO 21,562,300 $164M
COIN 467,000 $158M
MARA 8,175,100 $149M
NVDA 699,500 $131M
BABA 723,500 $129M

New Positions

SymbolValue% Port
STX $14M 1.24%
GTERU $11M 1.04%
SNOW $11M 0.97%
NMPAU $7M 0.68%
DMIIU $7M 0.64%
LYV $7M 0.59%
OBA $6M 0.56%
HST $6M 0.52%
ISRG $6M 0.51%
BLUW $5M 0.48%
OTGA $5M 0.46%
WTG $4M 0.40%
ORIQ $4M 0.40%
KRG $4M 0.40%
HALO $4M 0.38%

Sold Out Positions

SymbolValue% Port
AFB —%
ACI —%
CDE —%
AUB —%
HPI —%
MMD —%
REXR —%
PSF —%
FLC —%
GGZ —%
DFP —%
JGH —%
HD —%
SON —%
PFGC —%
View SEC EDGAR Filings for WOLVERINE ASSET MANAGEMENT LLC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms