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Livermore
Livermore
ZHEN

XTX Topco Ltd

SEC CIK
0001828301
Latest filing
Aug 14, 2026

Holdings in Q2 2025

Holdings as of Jun 30, 2025, filed Aug 12, 2025. Long positions only; changes compare share counts with Q1 2025.

Institution overview
Positions
2,275
−56 vs. Q1 2025
Portfolio value
$2.41B
+$458.7M (+23.5%) vs. Q1 2025
Filed
Aug 12, 2025
SEC
Holdings of XTX Topco Ltd in Q2 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
NVDANVIDIA CorpStock127,925$20.2M0.8%+125,517+5,212.5%AddedHistory
AMZNAmazon Com IncStock83,425$18.3M0.8%+83,425NewHistory
PMPhilip Morris International Inc.Stock96,250$17.5M0.7%+89,057+1,238.1%AddedHistory
MSFTMicrosoft CorpStock33,113$16.5M0.7%+33,113NewHistory
BRK.BBerkshire Hathaway IncStock31,832$15.5M0.6%+31,832NewHistory
ORCLOracle CorpStock69,003$15.1M0.6%−6,920−9.1%ReducedHistory
ADBEAdobe Inc.Stock37,002$14.3M0.6%+37,002NewHistory
MCDMcDonalds CorpStock48,982$14.3M0.6%+1,863+4.0%AddedHistory
PGRProgressive CorpStock51,358$13.7M0.6%+51,358NewHistory
VVisa Inc.Stock35,254$12.5M0.5%+35,254NewHistory
APHAmphenol CorpCL A126,368$12.5M0.5%+112,221+793.2%AddedHistory
KKellanovaStock152,528$12.1M0.5%+138,982+1,026.0%AddedHistory
CMECME Group Inc.COM40,000$11.0M0.5%−16,377−29.0%ReducedHistory
CVXChevron CorpStock75,847$10.9M0.5%+42,667+128.6%AddedHistory
MAMastercard IncStock18,763$10.5M0.4%+15,801+533.5%AddedHistory
CCitigroup IncStock117,968$10.0M0.4%+117,968NewHistory
TGTTarget CorpStock100,927$9.96M0.4%+52,302+107.6%AddedHistory
TMUST-Mobile US, Inc.Stock41,170$9.81M0.4%+18,622+82.6%AddedHistory
TMOThermo Fisher Scientific Inc.Stock23,466$9.51M0.4%+7,565+47.6%AddedHistory
LLYEli Lilly & CoStock11,580$9.03M0.4%+11,580NewHistory
AIGAmerican International Group, Inc.Stock99,963$8.56M0.4%+99,963NewHistory
ZTSZoetis Inc.Stock54,526$8.50M0.4%+47,321+656.8%AddedHistory
AJGArthur J. Gallagher & Co.COM26,362$8.44M0.3%+26,362NewHistory
Invesco QQQ Trust Series I46090E103ETF14,807$8.17M0.3%+14,807New–
REGNRegeneron Pharmaceuticals, Inc.COM15,305$8.04M0.3%+11,667+320.7%AddedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR35,218$7.98M0.3%−728−2.0%ReducedHistory
DASHDoorDash, Inc.Stock32,305$7.96M0.3%+28,448+737.6%AddedHistory
KVUEKenvue Inc.Stock375,948$7.87M0.3%+375,948NewHistory
TDToronto Dominion BankStock106,991$7.86M0.3%+106,991NewHistory
WMWaste Management IncStock34,110$7.81M0.3%+34,110NewHistory
NOWServiceNow, Inc.Stock7,561$7.77M0.3%+5,537+273.6%AddedHistory
SUSuncor Energy IncStock202,047$7.57M0.3%+194,381+2,535.6%AddedHistory
GOOGLAlphabet Inc.Stock42,473$7.49M0.3%+42,473NewHistory
EXEExpand Energy CorpCOM62,142$7.27M0.3%+21,460+52.8%AddedHistory
IRIngersoll Rand Inc.COM85,333$7.10M0.3%+85,333NewHistory
WFCWells Fargo & CompanyStock87,666$7.02M0.3%+87,666NewHistory
AAPLApple Inc.Stock33,848$6.94M0.3%+33,848NewHistory
RYRoyal Bank of CanadaStock52,546$6.91M0.3%+9,984+23.5%AddedHistory
VTRVentas, Inc.REIT102,642$6.48M0.3%+82,985+422.2%AddedHistory
MSIMotorola Solutions, Inc.Stock15,332$6.45M0.3%+8,100+112.0%AddedHistory
DTEDte Energy CoCOM48,553$6.43M0.3%+45,876+1,713.7%AddedHistory
ABNBAirbnb, Inc.Stock48,494$6.42M0.3%−1,363−2.7%ReducedHistory
SNAPSnap IncStock738,417$6.42M0.3%+738,417NewHistory
ISRGIntuitive Surgical IncCOM NEW11,682$6.35M0.3%−345−2.9%ReducedHistory
TTWOTake Two Interactive Software IncCOM25,974$6.31M0.3%+20,148+345.8%AddedHistory
BTIBritish American Tobacco p.l.c.SPONSORED ADR129,145$6.11M0.3%+55,966+76.5%AddedHistory
RBLXRoblox CorpStock57,923$6.09M0.3%−16,094−21.7%ReducedHistory
COINCoinbase Global, Inc.COM CL A17,318$6.07M0.3%+13,469+349.9%AddedHistory
MOAltria Group, Inc.Stock99,795$5.85M0.2%+31,603+46.3%AddedHistory
WDAYWorkday, Inc.CL A24,343$5.84M0.2%+8,279+51.5%AddedHistory
STZConstellation Brands, Inc.Stock35,903$5.84M0.2%+5,196+16.9%AddedHistory
State Street SPDR S&P Biotech ETF78464A870ETF70,419$5.84M0.2%+70,419New–
RSGRepublic Services, Inc.COM23,545$5.81M0.2%+23,545NewHistory
PNCPNC Financial Services Group, Inc.Stock31,061$5.79M0.2%+7,384+31.2%AddedHistory
CLXClorox CoStock47,994$5.76M0.2%+31,500+191.0%AddedHistory
FERGFerguson Enterprises Inc.COMMON STOCK NEW26,344$5.74M0.2%+12,533+90.7%AddedHistory
GMGeneral Motors CoCOM115,344$5.68M0.2%+93,608+430.7%AddedHistory
INSMINSMED IncCOM PAR $.0156,380$5.67M0.2%+35,130+165.3%AddedHistory
BMOBank of MontrealCOM51,021$5.64M0.2%+26,568+108.6%AddedHistory
CHDChurch & Dwight Co IncCOM58,563$5.63M0.2%+58,563NewHistory
HALHalliburton CoStock269,954$5.50M0.2%+151,622+128.1%AddedHistory
SJMJ M SMUCKER CoStock55,657$5.47M0.2%+55,657NewHistory
AVBAvalonbay Communities IncCOM26,835$5.46M0.2%+26,835NewHistory
DEDeere & CoStock10,682$5.43M0.2%+3,516+49.1%AddedHistory
RKLBRocket Lab CorpCOM151,691$5.43M0.2%+151,691NewHistory
USBUS Bancorp DECOM NEW119,059$5.39M0.2%+110,856+1,351.4%AddedHistory
ZMZoom Communications, Inc.Stock69,007$5.38M0.2%+40,841+145.0%AddedHistory
ARMArm Holdings PLCADR33,250$5.38M0.2%+33,250NewHistory
KMXCarMax IncCOM79,972$5.37M0.2%+61,105+323.9%AddedHistory
THCTenet Healthcare CorpCOM NEW29,699$5.23M0.2%+29,699NewHistory
SEICSEI Investments CoCOM57,884$5.20M0.2%+57,884NewHistory
BJBJ's Wholesale Club Holdings, Inc.COM48,099$5.19M0.2%+29,900+164.3%AddedHistory
JPMJPMorgan Chase & CoStock17,842$5.17M0.2%+17,842NewHistory
TFCTruist Financial CorpCOM119,727$5.15M0.2%+95,002+384.2%AddedHistory
CDNSCadence Design Systems IncStock16,524$5.09M0.2%+12,229+284.7%AddedHistory
AITApplied Industrial Technologies IncCOM21,528$5.00M0.2%+16,784+353.8%AddedHistory
BRBRBellring Brands, Inc.Stock85,657$4.96M0.2%+65,546+325.9%AddedHistory
PLDPrologis, Inc.REIT47,141$4.96M0.2%+47,141NewHistory
PRMBPrimo Brands CorpCLASS A COM SHS166,572$4.93M0.2%+125,767+308.2%AddedHistory
FISFidelity National Information Services, Inc.Stock60,528$4.93M0.2%+2,145+3.7%AddedHistory
DALDelta Air Lines, Inc.COM NEW99,909$4.91M0.2%−76,732−43.4%ReducedHistory
CMCanadian Imperial Bank of CommerceCOM69,107$4.89M0.2%+60,377+691.6%AddedHistory
KRKroger CoStock67,282$4.83M0.2%+67,282NewHistory
MARAMARA Holdings, Inc.COM307,172$4.82M0.2%+307,172NewHistory
ONOn Semiconductor CorpStock91,461$4.79M0.2%+91,461NewHistory
GSGoldman Sachs Group IncStock6,677$4.73M0.2%−8,443−55.8%ReducedHistory
CLHClean Harbors IncCOM20,226$4.68M0.2%+10,433+106.5%AddedHistory
VLOValero Energy CorpStock34,387$4.62M0.2%+34,387NewHistory
PKGPackaging Corp of AmericaStock24,086$4.54M0.2%+5,973+33.0%AddedHistory
HSYHershey CoCOM27,295$4.53M0.2%+27,295NewHistory
NTNXNutanix, Inc.Stock59,023$4.51M0.2%+59,023NewHistory
BXPBXP, Inc.COM66,757$4.50M0.2%+66,757NewHistory
EXLSExlService Holdings, Inc.COM101,598$4.45M0.2%+84,602+497.8%AddedHistory
XYLXylem Inc.COM34,152$4.42M0.2%+31,466+1,171.5%AddedHistory
NINisource Inc.COM109,038$4.40M0.2%+109,038NewHistory
OMCOmnicom Group Inc.COM60,852$4.38M0.2%+60,852NewHistory
HSTHost Hotels & Resorts, Inc.COM284,711$4.37M0.2%+284,711NewHistory
EQTEQT CorpStock74,896$4.37M0.2%−4,215−5.3%ReducedHistory
MFCManulife Financial CorpCOM136,545$4.36M0.2%+136,545NewHistory
CNCCentene CorpStock78,471$4.26M0.2%+57,484+273.9%AddedHistory

Sold out since Q1 2025 (1,142)

Positions held at the end of Q1 2025 that are gone from this filing.

The largest 100 of 1,142 by value last quarter.

Positions of XTX Topco Ltd sold out since Q1 2025
SecurityClassShares in Q1 2025Value in Q1 2025% of portfolio in Q1 2025History
CRHCRH Public Ltd CoORD133,764$11.8M0.6%History
JNJJohnson & JohnsonStock66,246$11.0M0.6%History
VRTVertiv Holdings CoCOM CL A140,507$10.1M0.5%History
SPOTSpotify Technology S.A.Stock16,183$8.90M0.5%History
ICEIntercontinental Exchange, Inc.Stock46,926$8.09M0.4%History
OKEONEOK IncCOM71,466$7.09M0.4%History
YUMYum Brands IncStock43,603$6.86M0.4%History
BSXBoston Scientific CorpStock66,516$6.71M0.3%History
ASMLASML Holding NVADR9,157$6.07M0.3%History
HLTHilton Worldwide Holdings Inc.COM25,175$5.73M0.3%History
SHOPShopify Inc.Stock59,800$5.71M0.3%History
ETNEaton Corp plcStock20,179$5.49M0.3%History
NXPINXP Semiconductors N.V.COM28,805$5.47M0.3%History
FLUTFlutter Entertainment plcSHS24,106$5.34M0.3%History
BLDQXO Insulation, LLCStock16,796$5.12M0.3%History
AMATApplied Materials IncStock35,280$5.12M0.3%History
HONHoneywell International IncCOM23,405$4.96M0.3%History
TDGTransDigm Group INCCOM3,579$4.95M0.3%History
LVSLas Vegas Sands CorpCOM121,593$4.70M0.2%History
DTMDT Midstream, Inc.COMMON STOCK46,797$4.51M0.2%History
CEGConstellation Energy CorpStock22,387$4.51M0.2%History
TXRHTexas Roadhouse, Inc.COM26,156$4.36M0.2%History
CHTRCharter Communications, Inc.CL A11,800$4.35M0.2%History
KDPKeurig Dr Pepper Inc.COM126,572$4.33M0.2%History
WSMWilliams Sonoma IncCOM27,096$4.28M0.2%History
IBKRInteractive Brokers Group, Inc.Stock25,703$4.26M0.2%History
BABAAlibaba Group Holding LtdADR31,730$4.20M0.2%History
DELLDell Technologies Inc.Stock43,568$3.97M0.2%History
WCNWaste Connections, Inc.COM20,271$3.96M0.2%History
MRSHMarsh & McLennan Companies, Inc.Stock15,786$3.85M0.2%History
SNPSSynopsys IncCOM8,964$3.84M0.2%History
OKTAOkta, Inc.CL A35,968$3.78M0.2%History
ALKAlaska Air Group, Inc.COM76,063$3.74M0.2%History
SRESempraStock52,230$3.73M0.2%History
PDDPDD Holdings Inc.SPONSORED ADS31,420$3.72M0.2%History
RCLRoyal Caribbean Cruises LtdCOM17,626$3.62M0.2%History
DOCSDoximity, Inc.CL A61,966$3.60M0.2%History
SOSouthern CoStock38,840$3.57M0.2%History
EAElectronic Arts Inc.COM24,703$3.57M0.2%History
DDominion Energy, IncStock63,404$3.56M0.2%History
SCIService Corp InternationalCOM42,170$3.38M0.2%History
WECWec Energy Group, Inc.Stock30,286$3.30M0.2%History
BAMBrookfield Asset Management Ltd.CL A LMT VTG SHS67,942$3.29M0.2%History
FFord Motor CoStock328,167$3.29M0.2%History
ARGXArgenx SESPONSORED ADR5,543$3.28M0.2%History
AERAerCap Holdings N.V.SHS31,584$3.23M0.2%History
EOGEOG Resources IncStock24,249$3.11M0.2%History
STXSeagate Technology Holdings plcORD SHS36,513$3.10M0.2%History
GISGeneral Mills IncStock51,570$3.08M0.2%History
GPCGenuine Parts CoStock25,698$3.06M0.2%History
LPLALPL Financial Holdings Inc.COM9,355$3.06M0.2%History
iShares Core S&P 500 ETF464287200ETF5,327$2.99M0.2%–
RNRRenaissancere Holdings LtdCOM12,252$2.94M0.2%History
KMBKimberly Clark CorpStock20,509$2.92M0.1%History
TTTrane Technologies plcSHS8,635$2.91M0.1%History
TLNTalen Energy CorpCOM14,539$2.90M0.1%History
CARRCarrier Global CorpStock45,728$2.90M0.1%History
SYYSysco CorpStock37,385$2.81M0.1%History
WTWWillis Towers Watson PLCSHS8,243$2.79M0.1%History
XUnited States Steel CorpCOM63,495$2.68M0.1%History
FLEXFlex Ltd.Stock80,863$2.67M0.1%History
TERTeradyne, IncStock31,774$2.62M0.1%History
SKXSkechers USA IncCL A46,192$2.62M0.1%History
GEHCGE HealthCare Technologies Inc.Stock32,455$2.62M0.1%History
BBWIBath & Body Works, Inc.COM85,836$2.60M0.1%History
ENBEnbridge IncStock58,623$2.60M0.1%History
OXYOccidental Petroleum CorpStock52,490$2.59M0.1%History
ROIVRoivant Sciences Ltd.SHS256,714$2.59M0.1%History
Cyberark Software LtdM2682V108SHS7,629$2.58M0.1%–
DDOGDatadog, Inc.CL A COM25,918$2.57M0.1%History
NTAPNetApp, Inc.Stock29,214$2.57M0.1%History
CFGCitizens Financial Group IncCOM62,259$2.55M0.1%History
AEPAmerican Electric Power Co IncStock23,313$2.55M0.1%History
OCOwens CorningStock17,836$2.55M0.1%History
MOSMosaic CoCOM93,024$2.51M0.1%History
ADMArcher-Daniels-Midland CoStock52,053$2.50M0.1%History
GILGildan Activewear Inc.Stock56,085$2.48M0.1%History
CRDOCredo Technology Group Holding LtdStock61,602$2.47M0.1%History
DVNDevon Energy CorpStock65,795$2.46M0.1%History
METMetlife IncStock30,635$2.46M0.1%History
CFRCullen/Frost Bankers, Inc.COM19,573$2.45M0.1%History
SWSmurfit Westrock plcStock53,282$2.40M0.1%History
State Street Industrial Select Sector SPDR ETF81369Y704ETF18,304$2.40M0.1%–
MKCMcCormick & Co IncStock29,054$2.39M0.1%History
ESNTEssent Group Ltd.COM41,136$2.37M0.1%History
NNNNNN REIT, Inc.REIT55,222$2.36M0.1%History
PEGAPegasystems IncCOM33,752$2.35M0.1%History
SIGSignet Jewelers LtdSHS40,259$2.34M0.1%History
FTNTFortinet, Inc.Stock24,229$2.33M0.1%History
BPOPPopular, Inc.COM NEW25,043$2.31M0.1%History
BXMTBlackstone Mortgage Trust, Inc.COM CL A115,602$2.31M0.1%History
RTXRTX CorpStock17,299$2.29M0.1%History
BIIBBiogen Inc.COM16,743$2.29M0.1%History
AVAAvista CorpCOM54,681$2.29M0.1%History
OGEOGE Energy Corp.COM49,553$2.28M0.1%History
MRKMerck & Co., Inc.Stock25,325$2.27M0.1%History
TOSTToast, Inc.Stock68,238$2.26M0.1%History
SLMSLM CorpCOM75,898$2.23M0.1%History
ALABAstera Labs, Inc.Stock37,307$2.23M0.1%History
EXRExtra Space Storage Inc.COM14,953$2.22M0.1%History