13F HOLDINGS REPORT
Cavalier Investments, LLC
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0001655543-26-000001
Total Value
$1.95B
Positions
87
Other Managers
0
Confidential Omitted
No
Holdings (87)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 562,400 | $383.5M | 19.71% |
| 2 | INVESCO QQQ TR | IVZ | 504,200 | $309.7M | 15.92% |
| 3 | SPDR S&P 500 ETF TR | SPY | 350,000 | $238.7M | 12.26% |
| 4 | INVESCO QQQ TR | IVZ | 353,700 | $217.3M | 11.17% |
| 5 | VANECK ETF TRUST | 92189F676 | 270,000 | $97.2M | 5.00% |
| 6 | ISHARES TR | 464287655 | 300,000 | $73.8M | 3.79% |
| 7 | SPDR S&P 500 ETF Tru st | SPY | 70,859 | $48.3M | 2.48% |
| 8 | JPMORGAN CHASE & CO. | VYLD | 100,000 | $32.2M | 1.66% |
| 9 | GE AEROSPACE | 369604301 | 100,000 | $30.8M | 1.58% |
| 10 | NVIDIA CORPORATION | NVDA | 150,000 | $28.0M | 1.44% |
| 11 | LAM RESEARCH CORP | LRCX | 150,000 | $25.7M | 1.32% |
| 12 | GE AEROSPACE | 369604301 | 75,000 | $23.1M | 1.19% |
| 13 | General Electric Co | 369604301 | 60,674 | $18.7M | 0.96% |
| 14 | LAM RESEARCH CORP | LRCX | 105,000 | $18.0M | 0.92% |
| 15 | PALANTIR TECHNOLOGIES INC | PLTR | 100,000 | $17.8M | 0.91% |
| 16 | Invesco QQQ Trust Se ries 1 | IVZ | 28,733 | $17.7M | 0.91% |
| 17 | SELECT SECTOR SPDR TR | 81369Y209 | 110,000 | $17.0M | 0.87% |
| 18 | Communication Servic es Select Sector SPD | 81369Y852 | 125,490 | $14.8M | 0.76% |
| 19 | Western Digital Corp | WDC | 81,980 | $14.1M | 0.73% |
| 20 | WESTERN DIGITAL CORP | WDC | 80,000 | $13.8M | 0.71% |
| 21 | TESLA INC | TSLA | 30,000 | $13.5M | 0.69% |
| 22 | VanEck Vectors Semic onductor ETF | 92189F676 | 36,732 | $13.2M | 0.68% |
| 23 | VISTRA CORP | VST | 75,000 | $12.1M | 0.62% |
| 24 | MICROSOFT CORP | MSFT | 25,000 | $12.1M | 0.62% |
| 25 | NVIDIA Corp | NVDA | 63,979 | $11.9M | 0.61% |
| 26 | JPMorgan Chase & Co | VYLD | 36,648 | $11.8M | 0.61% |
| 27 | Reddit Inc | RDDT | 51,230 | $11.8M | 0.61% |
| 28 | SELECT SECTOR SPDR TR | 81369Y852 | 100,000 | $11.8M | 0.60% |
| 29 | REDDIT INC | RDDT | 50,000 | $11.5M | 0.59% |
| 30 | BOSTON SCIENTIFIC CORP | BSX | 103,100 | $9.8M | 0.51% |
| 31 | Vanguard Financials ETF | 92204A405 | 73,154 | $9.8M | 0.50% |
| 32 | ISHARES TR | 464287432 | 107,636 | $9.4M | 0.48% |
| 33 | Microsoft Corp | MSFT | 19,160 | $9.3M | 0.48% |
| 34 | IONQ INC | IONQ-WT | 200,000 | $9.0M | 0.46% |
| 35 | SPDR Gold Shares | GLD | 21,880 | $8.7M | 0.45% |
| 36 | SPDR NYSE Technology ETF | 78464A102 | 30,754 | $8.5M | 0.44% |
| 37 | Financial Select Sec tor SPDR Fund | 81369Y605 | 151,059 | $8.3M | 0.43% |
| 38 | Lam Research Corp | LRCX | 45,459 | $7.8M | 0.40% |
| 39 | Tesla Inc | TSLA | 16,082 | $7.2M | 0.37% |
| 40 | ISHARES BITCOIN TRUST ETF | IBIT | 144,000 | $7.1M | 0.37% |
| 41 | Newmont Corp. | NEMCL | 64,699 | $6.5M | 0.33% |
| 42 | Vanguard FTSE Europe ETF | 922042874 | 70,814 | $5.9M | 0.30% |
| 43 | FT Vest Gold Strateg y Target Income ETF | 33733E856 | 235,347 | $5.9M | 0.30% |
| 44 | HOWMET AEROSPACE INC | HWM | 27,841 | $5.7M | 0.29% |
| 45 | Palantir Technologie s Inc | PLTR | 25,010 | $4.4M | 0.23% |
| 46 | VanEck Vectors Gold Miners ETF | 92189F106 | 46,441 | $4.0M | 0.20% |
| 47 | State Street SPDR S&P Capital Markets | 78464A771 | 26,328 | $3.9M | 0.20% |
| 48 | SPDR Portfolio S&P 5 00 Growth ETF | 78464A409 | 35,780 | $3.8M | 0.20% |
| 49 | NOVO-NORDISK A S | NONOF | 75,000 | $3.8M | 0.20% |
| 50 | iShares Bitcoin Trus t | IBIT | 72,190 | $3.6M | 0.18% |
| 51 | ISHARES BITCOIN TRUST ETF | IBIT | 72,000 | $3.6M | 0.18% |
| 52 | State Street SPDR Aerospace & Defense | 78464A631 | 13,804 | $3.3M | 0.17% |
| 53 | MicroStrategy Inc | STRK | 21,712 | $3.3M | 0.17% |
| 54 | AT&T Inc | T-PC | 132,277 | $3.3M | 0.17% |
| 55 | STRATEGY INC | STRK | 21,300 | $3.2M | 0.17% |
| 56 | Technology Select Se ctor SPDR Fund | 81369Y803 | 20,492 | $3.0M | 0.15% |
| 57 | Cboe Global Markets Inc | 12503M108 | 10,252 | $2.6M | 0.13% |
| 58 | iShares Russell 2000 ETF | 464287655 | 9,834 | $2.4M | 0.12% |
| 59 | IES Holdings Inc | IESC | 5,964 | $2.3M | 0.12% |
| 60 | Global X MSCI Argent ina ETF | 37950E259 | 24,781 | $2.3M | 0.12% |
| 61 | Consumer Discretiona ry Select Sector SPD | 81369Y407 | 18,613 | $2.2M | 0.11% |
| 62 | X-Links Crude Oil Sh ares Covered Call ET | USML | 42,254 | $2.0M | 0.10% |
| 63 | iShares MSCI Poland ETF | 46429B606 | 54,488 | $1.9M | 0.10% |
| 64 | SPDR Portfolio S&P 4 00 Mid Cap ETF | 78464A847 | 31,639 | $1.8M | 0.09% |
| 65 | ISHARES MSCI AUSTRIA | 464286202 | 50,000 | $1.8M | 0.09% |
| 66 | Vistra Energy Corp | VST | 8,257 | $1.3M | 0.07% |
| 67 | Badger Meter Inc | BMI | 6,837 | $1.2M | 0.06% |
| 68 | Eli Lilly & Co | LLY | 966 | $1.0M | 0.05% |
| 69 | META PLATFORMS INC. | META | 1,427 | $941,948 | 0.05% |
| 70 | Apple Inc | AAPL | 3,399 | $924,052 | 0.05% |
| 71 | Archrock Inc | AROC | 34,760 | $904,455 | 0.05% |
| 72 | Amazon.com Inc | AMZN | 3,798 | $876,654 | 0.05% |
| 73 | IonQ Inc | IONQ-WT | 18,420 | $826,505 | 0.04% |
| 74 | iShares Silver Trust | SLV | 11,846 | $763,119 | 0.04% |
| 75 | CONSTELLATION ENERGY | CEG | 2,017 | $712,546 | 0.04% |
| 76 | Global X MSCI Colomb ia ETF | 37954Y327 | 17,376 | $619,281 | 0.03% |
| 77 | Rigetti Computing In c | RGTIW | 26,787 | $593,332 | 0.03% |
| 78 | YieldMax GOOGL Optio n Income Strategy ET | 88634T790 | 37,788 | $551,705 | 0.03% |
| 79 | Novo Nordisk A/S | NONOF | 10,049 | $511,293 | 0.03% |
| 80 | YieldMax AAPL Option Income Strategy ETF | 88634T857 | 33,688 | $449,061 | 0.02% |
| 81 | Boston Scientific Co rp | BSX | 4,528 | $431,745 | 0.02% |
| 82 | YieldMax MSFT Option Income Strategy ETF | 88634T428 | 25,875 | $399,769 | 0.02% |
| 83 | YieldMax NVDA Option Income Strategy ETF | 88634T774 | 26,918 | $393,272 | 0.02% |
| 84 | Yieldmax Amzn Option Income ETF | 88634T840 | 28,735 | $381,601 | 0.02% |
| 85 | Yieldmax Meta Option Income Strategy ETF | 88634T816 | 27,247 | $343,585 | 0.02% |
| 86 | STRATEGY INC | STRK | 2,000 | $303,900 | 0.02% |
| 87 | NRG Energy Inc | NRG | 1,767 | $281,377 | 0.01% |