Institutional Manager · CIK 0001491719
Lombard Odier Asset Management (USA) Corp
New York, NY · File #028-13939
Latest AUM
$1.08B
Positions
213
Top-10 Concentration
58.2%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | SPDR S&P 500 ETF TR | SPY | -289,900 | -$197.7M | +$6.7M |
| NEW | APPLE INC | AAPL | +190,000 | +$51.7M | $0 |
| EXITED | COMCAST CORP NEW | 20030N101 | -750,000 | -$23.6M | $0 |
| EXITED | INVESCO QQQ TR | 46090E103 | -30,000 | -$18.0M | $0 |
| REDUCE | KOHLS CORP | KSS | -750,000 | -$15.3M | +$4.7M |
| REDUCE | ISHARES TR | 464287655 | -54,715 | -$13.5M | +$252,005 |
| NEW | METLIFE INC | MET-PF | +150,000 | +$11.8M | $0 |
| NEW | VODAFONE GROUP PLC NEW | 92857W308 | +800,000 | +$10.6M | $0 |
| EXITED | FRONTIER COMMUNICATIONS PARE | 35909D109 | -265,000 | -$9.9M | $0 |
| REDUCE | BAUSCH HEALTH COS INC | 071734107 | -1,050,000 | -$7.3M | +$858,000 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025213 pos · $1.08B
- 13F HOLDINGS REPORTQ/E Sep 2025415 pos · $1.49B
- 13F HOLDINGS REPORTQ/E Jun 2025362 pos · $1.31B
- 13F HOLDINGS REPORTQ/E Mar 2025198 pos · $1.27B
- 13F HOLDINGS REPORTQ/E Dec 2024284 pos · $1.36B
- 13F HOLDINGS REPORTQ/E Sep 2024260 pos · $1.50B
- 13F HOLDINGS REPORTQ/E Jun 2024246 pos · $1.35B
- 13F HOLDINGS REPORTQ/E Mar 2024342 pos · $4.13B
- 13F HOLDINGS REPORTQ/E Dec 2023331 pos · $4.46B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 136,000 | $92.7M | 10.56% |
| 2 | AMERICAN AIRLS GROUP INC | 02376R102 | 5,760,100 | $88.3M | 10.06% |
| 3 | VANECK ETF TRUST | 92189F106 | 615,000 | $52.7M | 6.01% |
| 4 | APPLE INC | AAPL | 190,000 | $51.7M | 5.88% |
| 5 | SPDR SERIES TRUST | 78468R556 | 400,000 | $50.5M | 5.75% |
| 6 | AVIS BUDGET GROUP | CAR | 345,000 | $44.3M | 5.04% |
| 7 | RIVIAN AUTOMOTIVE INC | RIVN | 2,200,000 | $43.4M | 4.94% |
| 8 | ISHARES TR | 464287432 | 417,000 | $36.3M | 4.14% |
| 9 | PBF ENERGY INC | PBF | 950,000 | $25.8M | 2.93% |
| 10 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 475,000 | $25.6M | 2.92% |
| 11 | MERCK & CO INC | MRK | 195,000 | $20.5M | 2.34% |
| 12 | RIVIAN AUTOMOTIVE INC | RIVN | 15,000,000 | $18.9M | 2.16% |
| 13 | CITIGROUP INC | C-PR | 160,000 | $18.7M | 2.13% |
| 14 | GILEAD SCIENCES INC | GILD | 135,000 | $16.6M | 1.89% |
| 15 | UNITEDHEALTH GROUP INC | UNH | 50,000 | $16.5M | 1.88% |
| 16 | PFIZER INC | PFE | 660,000 | $16.4M | 1.87% |
| 17 | NEWMONT CORP | NEMCL | 150,000 | $15.0M | 1.71% |
| 18 | NCL CORP LTD | 62886HBD2 | 14,500,000 | $14.5M | 1.65% |
| 19 | STRATEGY INC | STRK | 14,000,000 | $14.4M | 1.64% |
| 20 | GILEAD SCIENCES INC | GILD | 100,000 | $12.3M | 1.40% |