Headlands Technologies LLC

Q4 2025 13F-HR Holdings

Location
Chicago, IL
Holdings as of
12/31/2025
Date filed
2/13/2026
Form type
13F-HR
Num holdings
654
Total value ($000)
$1,198,400
Net value change ($000)
-53,907 (-4.3%)
New positions
306
Sold out positions
246
Turnover %
65.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/12/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 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)
AAPL 51,119 225.6%
VOO 39,858 258.4%
LQD 27,784 318.8%
EA 15,887 NEW
MSFT 10,570 99.5%
BKNG 10,250 172.7%
LIN 8,976 NEW
NFLX 8,407 NEW
TMUS 8,195 117.8%
JPM 7,274 NEW
Top Reduces (Value $000, Stocks/ETFs)
NVDA -50,113 -64.7%
HOOD -24,722 -100.0%
GOOGL -24,294 -100.0%
ISRG -23,527 -100.0%
GOOGL -23,292 -100.0%
QQQ -18,293 -100.0%
TSLA -17,581 -86.9%
HON -14,354 -100.0%
VRTX -11,696 -100.0%
SPY -11,522 -100.0%
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.
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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