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Cavalier Investments, LLC — 13F Holdings & Portfolio

CIK 1655543 · latest 13F-HR filed 2026-08-14

Backtest portfolio

Cavalier Investments, LLC manages $2.41B in 13F-reported U.S. long-equity assets across 70 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPY (23.57%), QQQ (18.53%), SMH (15.53%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 9 new positions, exited 29, added to 18, and trimmed 11.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
12600 DEERFIELD PARKWAY
SUITE #100
ALPHARETTA, GA 30004
Phone
(770) 777-8277
Filing Manager
Cavalier Investments, LLC
ALPHARETTA, GA
Signatory
Brian MacKenzie
Chief Compliance Officer
Loading holdings…
AUM

$2.41B

Long-equity book

Holdings

70

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+9 / −29 / ↑18 / ↓11

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • SELECT SECTOR SPDR TR$16.4M +2400.1%
  • NVIDIA CORPORATION$10.9M +144.6%
  • ISHARES TR$9.9M +743.4%
  • ISHARES BITCOIN TRUST ETF$3.3M +527.4%
  • ISHARES TR$3.1M +27.7%
Show all 18 →

Top Trims

  • STATE STR SPDR S&P 500 ETF T-$77.9M -81.1%
  • INVESCO QQQ TR-$44.5M -74.7%
  • VANECK ETF TRUST-$11.1M -94.8%
  • ISHARES SILVER TR-$4.7M -88.1%
  • SPDR GOLD TR-$4.4M -40.4%
Show all 11 →

New Positions

  • SELECT SECTOR SPDR TR$44.0M
  • VANGUARD INTL EQUITY INDEX F$17.7M
  • ISHARES TR$10.2M
  • SELECT SECTOR SPDR TR$7.9M
  • ISHARES TR$7.7M
Show all 9 →

Exited Positions

  • United States Oil Fund$15.5M
  • KLA Corporation$14.3M
  • COMMUNICAT SVS SLCT SEC SPDR ETF$10.6M
  • LAM RESEARCH CORP$9.2M
  • RTX Corporation$7.8M
Show all 29 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 STATE STR SPDR S&P 500 ETF T Call SPY 78462F103 $567.5M 23.57% 760,000 SH
2 INVESCO QQQ TR Call QQQ 46090E103 $446.1M 18.53% 605,800 SH
3 VANECK ETF TRUST Call SMH 92189F676 $373.9M 15.53% 570,000 SH
4 INVESCO QQQ TR Put QQQ 46090E103 $230.0M 9.55% 312,300 SH
5 VANECK ETF TRUST Put SMH 92189F676 $93.5M 3.88% 142,500 SH
6 STATE STR SPDR S&P 500 ETF T Put SPY 78462F103 $74.9M 3.11% 100,300 SH
7 SELECT SECTOR SPDR TR Put XLK 81369Y803 $61.9M 2.57% 325,000 SH
8 SELECT SECTOR SPDR TR XLK 81369Y803 $44.0M 1.83% 231,176 SH
9 SELECT SECTOR SPDR TR Call XLK 81369Y803 $38.1M 1.58% 200,000 SH
10 NVIDIA CORPORATION Put NVDA 67066G104 $36.0M 1.50% 180,000 SH
11 SELECT SECTOR SPDR TR Call XLI 81369Y704 $27.8M 1.15% 150,000 SH
12 TESLA INC Call TSLA 88160R101 $25.2M 1.05% 60,000 SH
13 WESTERN DIGITAL CORP Call WDC 958102105 $20.3M 0.84% 31,800 SH
14 NVIDIA CORPORATION NVDA 67066G104 $18.5M 0.77% 92,541 SH
15 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $18.2M 0.75% 24,338 SH
16 VANGUARD INTL EQUITY INDEX F VWO 922042858 $17.7M 0.74% 296,581 SH
17 SELECT SECTOR SPDR TR Call XLP 81369Y308 $17.4M 0.72% 210,000 SH
18 SELECT SECTOR SPDR TR XLV 81369Y209 $17.1M 0.71% 107,957 SH
19 SELECT SECTOR SPDR TR Call XLB 81369Y100 $15.2M 0.63% 300,000 SH
20 INVESCO QQQ TR QQQ 46090E103 $15.0M 0.62% 20,430 SH
21 NVIDIA CORPORATION Call NVDA 67066G104 $14.4M 0.60% 72,100 SH
22 ISHARES TR TLT 464287432 $14.4M 0.60% 166,457 SH
23 HOWMET AEROSPACE INC Put HWM 443201108 $13.4M 0.56% 50,000 SH
24 ISHARES INC Call EWY 464286772 $12.1M 0.50% 60,000 SH
25 ISHARES TR IGF 464288372 $11.2M 0.46% 167,971 SH
26 SELECT SECTOR SPDR TR Call XLE 81369Y506 $10.6M 0.44% 200,000 SH
27 VANGUARD INDEX FDS VTV 922908744 $10.3M 0.43% 47,160 SH
28 ISHARES TR MTUM 46432F396 $10.2M 0.42% 29,662 SH
29 SPDR GOLD TR Call GLD 78463V107 $9.2M 0.38% 25,000 SH
30 SPDR GOLD TR Put GLD 78463V107 $9.2M 0.38% 25,000 SH
31 HOWMET AEROSPACE INC HWM 443201108 $9.0M 0.37% 33,451 SH
32 SELECT SECTOR SPDR TR Put XLV 81369Y209 $7.9M 0.33% 50,000 SH
33 SELECT SECTOR SPDR TR XLI 81369Y704 $7.9M 0.33% 42,489 SH
34 ISHARES TR EFV 464288877 $7.7M 0.32% 100,441 SH
35 FIRST TR EXCHANGE-TRADED FD IGLD 33733E856 $6.8M 0.28% 323,655 SH
36 ISHARES TR SOXX 464287523 $6.6M 0.27% 10,292 SH
37 ISHARES TR Put SOXX 464287523 $6.5M 0.27% 10,200 SH
38 SPDR GOLD TR GLD 78463V107 $6.4M 0.27% 17,482 SH
39 VANGUARD INTL EQUITY INDEX F VGK 922042874 $5.7M 0.24% 64,544 SH
40 RTX CORPORATION Call RTX 75513E101 $5.7M 0.24% 30,000 SH
41 VANGUARD INDEX FDS VNQ 922908553 $5.4M 0.23% 56,240 SH
42 SELECT SECTOR SPDR TR XLB 81369Y100 $5.3M 0.22% 104,644 SH
43 ISHARES INC Put EWY 464286772 $5.0M 0.21% 25,000 SH
44 ISHARES TR VLUE 46432F388 $4.9M 0.21% 24,748 SH
45 SPDR SERIES TRUST XAR 78464A631 $3.9M 0.16% 13,804 SH
46 ISHARES BITCOIN TRUST ETF IBIT 46438F101 $3.9M 0.16% 117,232 SH
47 ISHARES BITCOIN TRUST ETF Put IBIT 46438F101 $3.9M 0.16% 117,000 SH
48 VANECK ETF TRUST GDX 92189F106 $2.9M 0.12% 37,901 SH
49 STRATEGY INC MSTR 594972408 $2.8M 0.12% 32,697 SH
50 STRATEGY INC Put MSTR 594972408 $2.8M 0.12% 32,100 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $2.41B 70 0001655543-26-000005
2026-03-31 2026-05-15 $3.70B 112 0001655543-26-000003
2025-12-31 2026-02-13 $1.95B 87 0001655543-26-000001
2025-09-30 2025-11-14 $1.22B 107 0001655543-25-000002