Cavalier Investments, LLC — Q4 2025 13F Holdings

Name: Cavalier Investments, LLC — 13F Holdings, Q4 2025
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001655543

Total reported value

$3.7B

← Back to latest quarter

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	34.45%	-6.71%	+2236.53%
2	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	27.99%	+13.41%	+4256.06%
3	SMH	Vaneck Semiconductor ETF	ETF-Other	5.68%	-0.23%	+496.36%
4	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	3.92%	-2.56%	+416.95%
5	GE	General Electric	Stock-Industrials	3.73%	-3.73%	EXIT
6	LRCX	Lam Research CORP	Stock-Tech	2.64%	-1.87%	—
7	JPM	Jpmorgan Chase & Co	Stock-Financials	2.26%	-0.21%	+284.43%
8	NVDA	Nvidia CORP	Stock-Tech	2.05%	-0.05%	+7032.63%
9	WDC	Western Digital CORP	Stock-Tech	1.43%	+0.01%	—
10	XLC	Ss Comm Select Sector Spdr	ETF-Other	1.36%	-0.47%	+34.40%
11	RDDT	Reddit Inc-cl A	Stock-Comm Services	1.20%	-1.20%	EXIT
12	PLTR	Palantir Technologies Inc-a	Stock-Tech	1.14%	-0.73%	+149.22%
13	MSFT	Microsoft CORP	Stock-Tech	1.10%	-1.10%	EXIT
14	TSLA	Tesla INC	Stock-Consumer Disc	1.06%	-0.06%	+19.13%
15	XLV	Ss Health Care Select Sector	ETF-Other	0.87%	-0.56%	—
16	IBIT	Ishares Bitcoin Trust ETF	ETF-Crypto	0.74%	+0.16%	+476.61%
17	VST	Vistra CORP	Stock-Utilities	0.69%	-0.69%	EXIT
18	BSX	Boston Scientific CORP	Stock-Healthcare	0.53%	-0.53%	EXIT
19	IONQ	Ionq INC	Stock-Tech	0.50%	—	—
20	VFH	Vanguard Financials ETF	ETF-Other	0.50%	-0.50%	EXIT
21	TLT	Ishares 20+ Year Treasury Bd	ETF-Gov Bonds	0.48%	—	+29.03%
22	GLD	Spdr Gold Shares	ETF-Commodities	0.45%	+2.18%	+542.40%
23	XNTK	Ss Spdr Nyse Tech ETF	ETF-Tech	0.44%	-0.44%	EXIT
24	XLF	Ss Financial Select Sector	ETF-Other	0.43%	-0.42%	+1.78%
25	MSTR	Strategy INC	Stock-Tech	0.35%	—	+280.14%
26	NEM	Newmont CORP	Stock-Materials	0.33%	-0.29%	+4213.27%
27	VGK	Vanguard Ftse Europe ETF	ETF-Other	0.30%	—	+3.16%
28	IGLD	Ft Vest Gold Strategy Target	ETF-Commodities	0.30%	—	—
29	HWM	Howmet Aerospace INC	Stock-Industrials	0.29%	+0.05%	+3.10%
30	NVO	Novo-nordisk A/s-spons Adr	Stock-Healthcare	0.22%	—	+104.75%
31	GDX	Vaneck Gold Miners ETF	ETF-Commodities	0.20%	—	+21.71%
32	KCE	Ss Spdr S&p Cap Mkts ETF	ETF-Other	0.20%	-0.20%	EXIT
33	SPYG	Ss Spdr P S&p 500 Growth ETF	ETF-Large Cap & Growth	0.20%	-0.20%	EXIT
34	XAR	Ss Spdr S&p Aerospace Def	ETF-Other	0.17%	—	—
35	T	At&t INC	Stock-Comm Services	0.17%	—	+3.17%
36	XLK	Ss Technology Select Sector	ETF-Tech	0.15%	-0.15%	EXIT
37	CBOE	Cboe Global Markets INC	Stock-Financials	0.13%	—	+3.06%
38	IESC	Ies Holdings INC	Stock-Industrials	0.12%	—	+2.62%
39	ARGT	Global X Msci Argentina ETF	ETF-Other	0.12%	—	+3.16%
40	XLY	Ss Consumer Disc Select Sect	ETF-Other	0.11%	—	+84.78%
41	USOI	UBS AG Etr Cr Oil Shar Cov	ETF-Other	0.10%	—	—
42	EPOL	Ishares Msci Poland ETF	ETF-Other	0.10%	—	+3.17%
43	SPMD	Ss Spdr P S&p 400 Midcap ETF	ETF-Other	0.09%	—	-12.27%
44	EWO	Ishares Msci Austria ETF	ETF-Other	0.09%	—	—
45	BMI	Badger Meter INC	Stock-Tech	0.06%	—	-50.48%
46	LLY	Eli Lilly & Co	Stock-Healthcare	0.05%	—	—
47	META	Meta Platforms Inc-class A	Stock-Comm Services	0.05%	—	-91.52%
48	AAPL	Apple INC	Stock-Tech	0.05%	—	+2.29%
49	AROC	Archrock INC	Stock-Energy	0.05%	—	+3.16%
50	AMZN	Amazon.com INC	Stock-Consumer Disc	0.05%	—	+3.09%

1–50 of 61

Holding changes this quarter

Position changes disclosed by Cavalier Investments, LLC for the quarter ending Q4 2025, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	QQQ	Invesco Qqq Trust Series 1	+20.8%	+4256.06%	Add
2	SPY	Ss Spdr S&p 500 ETF Trust-us	+5.6%	+2236.53%	Add
3	IWM	Ishares Russell 2000 ETF	+2.9%	+416.95%	Add
4	GE	General Electric	+1.9%	+749.92%	Add
5	JPM	Jpmorgan Chase & Co	+1.5%	+284.43%	Add
6	VST	Vistra CORP	+0.6%	+1582.64%	Add
7	XNTK	Ss Spdr Nyse Tech ETF	+0.2%	+178.32%	Add
8	HWM	Howmet Aerospace INC	+0.2%	+3.10%	Add
9	NVO	Novo-nordisk A/s-spons Adr	+0.1%	+104.75%	Add
10	IESC	Ies Holdings INC	0%	+2.62%	Add
11	XAR	Ss Spdr S&p Aerospace Def	0%	—	Unchanged
12	ARGT	Global X Msci Argentina ETF	0%	+3.16%	Add
13	MSFT	Microsoft CORP	0%	+59.59%	Add
14	KCE	Ss Spdr S&p Cap Mkts ETF	0%	—	Unchanged
15	CBOE	Cboe Global Markets INC	—	+3.06%	Add
16	T	At&t INC	0%	+3.17%	Add
17	IBIT	Ishares Bitcoin Trust ETF	0%	+476.61%	Add
18	GDX	Vaneck Gold Miners ETF	0%	+21.71%	Add
19	VFH	Vanguard Financials ETF	-0.1%	+3.16%	Add
20	BMI	Badger Meter INC	-0.1%	-50.48%	Trim
21	MSTR	Strategy INC	-0.5%	+280.14%	Add
22	CEG	Constellation Energy	-0.7%	-83.35%	Trim
23	NEM	Newmont CORP	-0.7%	+4213.27%	Add
24	TLT	Ishares 20+ Year Treasury Bd	-0.7%	+29.03%	Add
25	XLF	Ss Financial Select Sector	-1%	+1.78%	Add
26	BSX	Boston Scientific CORP	-1.3%	+39.98%	Add
27	SPYG	Ss Spdr P S&p 500 Growth ETF	-1.9%	-12.16%	Trim
28	NVDA	Nvidia CORP	-2.5%	+7032.63%	Add
29	PLTR	Palantir Technologies Inc-a	-2.8%	+149.22%	Add
30	META	Meta Platforms Inc-class A	-3.3%	-91.52%	Trim
31	SMH	Vaneck Semiconductor ETF	-3.6%	+496.36%	Add
32	XLC	Ss Comm Select Sector Spdr	-4.5%	+34.40%	Add
33	GLD	Spdr Gold Shares	-4.7%	+542.40%	Add
34	TSLA	Tesla INC	-8.6%	+19.13%	Add
35	LRCX	Lam Research CORP	—	NEW	New buy
36	WDC	Western Digital CORP	—	NEW	New buy
37	RDDT	Reddit Inc-cl A	—	NEW	New buy
38	XLV	Ss Health Care Select Sector	—	NEW	New buy
39	AVGO	Broadcom INC	—	EXIT	Sold out
40	IONQ	Ionq INC	—	NEW	New buy
41	VRSK	Verisk Analytics INC	—	EXIT	Sold out
42	VRTX	Vertex Pharmaceuticals INC	—	EXIT	Sold out
43	CPRT	Copart INC	—	EXIT	Sold out
44	ZETA	Zeta Global Holdings Corp-a	—	EXIT	Sold out
45	USOI	UBS AG Etr Cr Oil Shar Cov	—	NEW	New buy
46	FTDR	Frontdoor INC	—	EXIT	Sold out
47	TDG	Transdigm Group INC	—	EXIT	Sold out
48	UVIX	2x Long Vix Futures ETF	—	EXIT	Sold out
49	AMP	Ameriprise Financial INC	—	EXIT	Sold out
50	TYL	Tyler Technologies INC	—	EXIT	Sold out