Latest Elequin Securities, LLC Stock Portfolio

Elequin Securities, LLC Performance:

2025 Q4: -3.12%YTD: -0.49%2024: -3.51%

Performance for 2025 Q4 is -3.12%, and YTD is -0.49%, and 2024 is -3.51%.

About Elequin Securities, LLC and 13F Hedge Fund Stock Holdings

On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, Elequin Capital, LP reported an equity portfolio of $1.3 Billions as of 31 Dec, 2025.

The top stock holdings of Elequin Capital, LP are MSFT, TSLA, NVDA. The fund has invested 9% of it's portfolio in MICROSOFT CORP and 8.9% of portfolio in TESLA INC.

The fund managers got completely rid off ELI LILLY & CO (LLY), GRAYSCALE BITCOIN MINI TR ET and INVESCO EXCH TRADED FD TR II (CGW) stocks. They significantly reduced their stock positions in VANGUARD CALIF TAX FREE FDS, INVESCO EXCH TRD SLF IDX FD (BSAE) and TAIWAN SEMICONDUCTOR MFG LTD (TSM). Elequin Capital, LP opened new stock positions in BITWISE SOLANA STAKING ETF, ENTREPRENEURSHARES SERIES TR (ENTR) and INVESCO EXCH TRD SLF IDX FD (BSAE). The fund showed a lot of confidence in some stocks as they added substantially to APPLE INC (AAPL), ETF OPPORTUNITIES TRUST (ACVF) and DIMENSIONAL ETF TRUST (DFAC).

Elequin Securities, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Elequin Capital, LP made a return of -3.12% in the last quarter. In trailing 12 months, it's portfolio return was -0.49%.

Performance
S&P 500

New Buys

Ticker	$ Bought
axon enterprise inc	70,148,400
bitwise solana staking etf	64,543,800
box inc	26,883,300
grayscale solana tr etf	15,930,500
expedia group inc	11,644,000
fidelity solana fd	5,365,010
entrepreneurshares series tr	5,035,000
invesco exch trd slf idx fd	3,675,110

New stocks bought by Elequin Securities, LLC

Additions

Ticker	% Inc.
apple inc	5,000,000
etf opportunities trust	137,700
dimensional etf trust	99,224
vanguard ny tax free fds	11,099
spdr s&p 500 etf tr	4,489
spdr series trust	2,715
blackrock etf trust ii	948
pgim etf tr	666

Additions to existing portfolio by Elequin Securities, LLC

Reductions

Ticker	% Reduced
vanguard calif tax free fds	-99.98
coinshares bitcoin etf	-99.55
ark 21shares bitcoin etf	-99.53
invesco exch trd slf idx fd	-98.8
taiwan semiconductor mfg ltd	-98.77
fidelity wise origin bitcoin	-98.33
ishares bitcoin trust etf	-96.64
coinbase global inc	-88.01

Elequin Securities, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
sea ltd	-290,633,000
wisdomtree inc	-2,863,590
nova ltd	-2,133,240
invesco exch traded fd tr ii	-9,236,000
grayscale bitcoin mini tr et	-18,287,300
vanguard mun bd fds	-9,069,930
tidal trust ii	-760,302
spdr series trust	-8,120,480

Elequin Securities, LLC got rid off the above stocks

Sector Distribution

Elequin Capital, LP has about 41.6% of it's holdings in Technology sector.

Sector	%
Technology	41.6
Others	33.3
Consumer Cyclical	23.7

Market Cap. Distribution

Elequin Capital, LP has about 66.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	64
UNALLOCATED	33.3
LARGE-CAP	2.5

Stocks belong to which Index?

About 64.2% of the stocks held by Elequin Capital, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	64.2
Others	34.7

Top 5 Winners (%)		%
ACVF	etf opportunities trust	226.0 %
BAER	bridger aerospace grp hldgs	159.0 %
ONTO	onto innovation inc	22.1 %
AMD	advanced micro devices inc	17.3 %
ASML	asml holding n v	10.5 %

Top 5 Winners ($)		$
AMD	advanced micro devices inc	3.3 M
TSM	taiwan semiconductor mfg ltd	2.5 M
AMZN	amazon com inc	2.2 M
TSLA	tesla inc	1.8 M
AVGO	broadcom inc	0.8 M

Top 5 Losers (%)		%
MSTR	strategy inc	-52.1 %
SMCI	super micro computer inc	-23.9 %
	vaneck bitcoin etf	-23.6 %
COIN	coinbase global inc	-18.5 %
	bitwise bitcoin etf tr	-16.6 %

Top 5 Losers ($)		$
COIN	coinbase global inc	-10.1 M
MSFT	microsoft corp	-6.9 M
	ishares bitcoin trust etf	-6.6 M
	fidelity wise origin bitcoin	-5.7 M
MSTR	strategy inc	-5.2 M

Elequin Securities, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Elequin Securities, LLC

Elequin Capital, LP has 384 stocks in it's portfolio. About 39.1% of the portfolio is in top 10 stocks. COIN proved to be the most loss making stock for the portfolio. AMD was the most profitable stock for Elequin Capital, LP last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	1.01	50,001	13,593,300	added	5,000,000

AAXJ	ishares tr	0.00	0.00	0.00	sold off	-100

AAXJ	ishares tr	0.00	0.00	0.00	sold off	-100

ACVF	etf opportunities trust	0.04	20,670	476,262	added	137,700

ACVF	etf opportunities trust	0.00	368	6,311	unchanged	0.00

ACWF	ishares tr	0.01	2,789	115,353	reduced	-6.75

ACWV	ishares inc	0.01	3,342	78,637	unchanged	0.00

ACWV	ishares inc	0.00	0.00	0.00	sold off	-100

AEIS	advanced energy inds	0.00	88.00	18,425	new

AFK	vaneck etf trust	0.07	10,328	885,833	new

AFK	vaneck etf trust	0.03	20,000	381,600	new

AFK	vaneck etf trust	0.00	106	2,701	unchanged	0.00

AFK	vaneck etf trust	0.00	0.00	0.00	sold off	-100

AFK	vaneck etf trust	0.00	0.00	0.00	sold off	-100

AFRM	affirm hldgs inc	0.00	158	11,760	new

AG	first majestic silver corp	0.00	219	3,649	new

AGT	ishares tr	0.00	0.00	0.00	sold off	-100

AIRR	first tr exchange traded fd	0.06	34,384	812,150	new

AIRR	first tr exchange traded fd	0.01	6,506	135,455	reduced	-54.16

AKAM	akamai technologies inc	0.00	658	57,411	new