Teramo Advisors, LLC — 13F Holdings & Portfolio

CIK 1904821 · latest 13F-HR filed 2026-05-13

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.

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AUM

$474.3M

Long-equity book

Holdings

4

Distinct positions

Period

2026-03-31

Filed 2026-05-13

Q/Q Activity

+0 / −7 / ↑1 / ↓1

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ISHARES TR$48.5M +33.7%
Show all 1

Top Trims

  • STATE STR SPDR S&P 500 ETF T-$11.9M -6.4%
Show all 1

New Positions

  • No new positions this quarter.
Show all 0

Exited Positions

  • ALPHABET INC$694.9K
  • APPLE INC$262.9K
  • PHILIP MORRIS INTL INC$218.1K
  • S&P GLOBAL INC$216.4K
  • FIRSTENERGY CORP$214.9K
Show all 7
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 ISHARES TR IVV 464287200 $192.7M 40.62% 295,000 SH
2 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $175.6M 37.02% 270,000 SH
3 STATE STR SPDR S&P 500 ETF T Put SPY 78462F103 $104.1M 21.94% 160,000 SH
4 ETF SER SOLUTIONS OPER 26922A453 $2.0M 0.42% 20,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-13 $474.3M 4 0001172661-26-001750
2025-12-31 2026-02-06 $388.3M 12 0001172661-26-000528
2025-09-30 2025-11-14 $367.5M 15 0001172661-25-004871