Teramo Advisors, LLC

Q1 2026 13F-HR Holdings

Location
Naples, FL
Holdings as of
3/31/2026
Date filed
5/13/2026
Form type
13F-HR
Num holdings
4
Total value ($000)
$474,345
Net value change ($000)
+86,007 (22.1%)
New positions
0
Sold out positions
7
Turnover %
0.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/6/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
IVV 48,517 33.7%
OPER 1 0.0%
Top Reduces (Value $000, Stocks/ETFs)
SPY -11,936 -6.4%
GOOGL -695 -100.0%
AAPL -263 -100.0%
PM -218 -100.0%
SPGI -216 -100.0%
FE -215 -100.0%
CRM -208 -100.0%
V -207 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 104,054 (21.9% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type