Tower Research Capital LLC (TRC)

Q3 2025 13F-HR Detailed Holdings

Location
New York, NY
Holdings as of
9/30/2025
Date filed
11/14/2025
Form type
13F-HR
Num holdings
7,635
Total value ($000)
$3,624,057
Net value change ($000)
-84,422 (-2.3%)
New positions
589
Sold out positions
644
Turnover %
10.6%
Sector allocation + QoQ delta (equities-only)

Holdings broken out by other managers reported in the original SEC filing. View aggregated holdings

Prev filing: 8/15/2025 Next filing: 2/17/2026 SEC filing
You are on the SEC detailed breakdown page. Rows are shown as reported in the filing (including other manager, discretion, and voting authority fields), and are not merged like the standard holdings view. Switch to aggregated holdings.

Snapshot: Change Analysis

Compared to Q2 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)
SPY 275,326 183.5%
SHY 46,461 23230.5%
JPST 30,591 NEW
VBIL 29,246 NEW
SOXL 26,575 185.4%
SGOV 24,756 7688.2%
IWB 22,970 580.6%
ITOT 17,683 8301.9%
VCIT 16,474 674.9%
SPTS 15,251 849.2%
Top Reduces (Value $000, Stocks/ETFs)
MSFT -41,119 -29.6%
QQQ -35,080 -45.5%
AAPL -27,626 -27.2%
BRK-B -24,204 -73.1%
AMZN -23,836 -32.3%
VOO -23,560 -100.0%
IWM -20,053 -52.7%
BIL -20,014 -100.0%
PLTR -19,724 -59.1%
V -17,746 -68.7%
Instrument mix + QoQ Δ (ex-options)
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.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type Discretion Other Manager Sole Shared None

Other Managers

Num Name File Number
1 Tower Research Capital Investments LLC 028-15417
2 Latour Trading LLC (Latour) 028-15418
4 TOWER PRINCIPAL MARKETS LLC 028-23772