Element Squared LLC

Q4 2025 13F-HR Holdings

Location
Minneapolis, MN
Holdings as of
12/31/2025
Date filed
1/20/2026
Form type
13F-HR
Num holdings
49
Total value ($000)
$184,289
Net value change ($000)
+8,893 (5.1%)
New positions
18
Sold out positions
29
Turnover %
85.3%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 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)
NOCT 36,778 NEW
RSP 13,971 3891.6%
NNOV 9,128 1029.1%
QQQ 6,823 NEW
SPY 6,668 77.0%
APP 2,674 NEW
BIIB 2,649 NEW
BMY 2,612 NEW
UTHR 2,449 NEW
COP 2,421 NEW
Top Reduces (Value $000, Stocks/ETFs)
NDEC -29,144 -100.0%
NFEB -8,385 -100.0%
PJAN -4,130 -56.2%
NAPR -3,537 -100.0%
V -2,402 -100.0%
ETN -2,378 -100.0%
MELI -2,372 -100.0%
FAST -2,368 -100.0%
UBER -2,357 -100.0%
ORLY -2,347 -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.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type