Q2 2026 13F · SEC CIK 1535943

Alphadyne Asset Management LP

Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.2B
Reported positions: 204
Top holdings a year, 3 yrs: +26.7%
Assets under management: $164.8B

Alphadyne Asset Management LP is a hedge fund that reported 204 positions worth $2.2B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were State Str Spdr S&p 500 ETF T (SPY, 57.3%), Invesco Qqq Tr (QQQ, 18.1%), Ishares Tr (IWM, 4.0%). A portfolio copying its top holdings returned 26.7% a year over the last 3 years, against 20.4% for the S&P 500.

Alphadyne Asset Management LP holdings largest 50 of 204 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Alphadyne Asset Management LP 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
SPYState Str Spdr S&p 500 ETF T	57.3%	—	1,695,591	—	$1.3B
QQQInvesco Qqq Tr	18.1%	—	544,110	—	$400.7M
IWMIshares Tr	4.0%	—	294,461	—	$88.5M
MUMicron Technology Inc	3.5%	1.4%	67,132	+108.5%	$77.5M
MSFTMicrosoft Corp	1.3%	9.0%	75,850	-59.0%	$28.3M
TSMTaiwan Semiconductor Manufac	1.1%	2.3%	48,719	-6.3%	$23.3M
BABAAlibaba Group Hldg Ltd	0.8%	1.1%	185,942	+169.2%	$17.8M
PANWPalo Alto Networks Inc	0.6%	—	36,406	—	$12.4M
METAMeta Platforms Inc	0.5%	2.0%	20,844	-21.4%	$11.7M
AVGOBroadcom Inc	0.4%	—	25,924	—	$9.8M
SNPSSynopsys Inc	0.4%	—	19,630	—	$8.8M
CFCf Industries Hold	0.4%	3.1%	78,572	-57.6%	$8.5M
ADBEAdobe Inc	0.4%	2.6%	40,076	-50.4%	$8.2M
LMTLockheed Martin Corp	0.4%	1.1%	15,545	+15.5%	$7.9M
XOMExxon Mobil Corp	0.4%	—	56,815	—	$7.8M
ADSKAutodesk Inc	0.3%	—	38,009	—	$7.4M
AAAlcoa Corp Com	0.3%	—	132,532	—	$6.9M
NTRNutrien Ltd	0.3%	1.2%	109,644	-8.5%	$6.9M
CRMSalesforce Inc	0.3%	1.8%	42,302	-42.4%	$6.6M
ISRGIntuitive Surgical Inc	0.3%	—	15,768	—	$6.3M
SPCXSpace Exploration Techn Corp	0.3%	—	36,123	—	$6.2M
WMTWalmart Inc	0.3%	0.9%	54,135	-2.4%	$6.1M
COSTCostco Wholesale Corporation	0.3%	—	6,263	—	$5.9M
ITBIshares Tr	0.2%	—	52,346	—	$5.5M
CMECme Group Inc	0.2%	1.2%	24,065	-19.5%	$5.3M
WDAYWorkday Inc Cl A	0.2%	—	41,870	—	$5.1M
MPCMarathon Petroleum	0.2%	1.3%	19,705	-51.1%	$5.0M
LYBLyondellbasell Industries NV	0.2%	—	92,791	—	$4.9M
PBFPbf Energy Inc	0.2%	0.7%	105,085	-4.5%	$4.8M
HALHalliburton Co	0.2%	—	136,791	—	$4.6M
MCOMoodys Corp	0.2%	—	10,125	—	$4.6M
FANGDiamondback Energy Inc	0.2%	—	24,980	—	$4.4M
XLESelect Sector Spdr Tr	0.2%	—	76,132	—	$4.0M
HUBSHubspot Inc	0.2%	—	22,062	—	$4.0M
DOWDow Hldgs Inc	0.2%	—	143,350	—	$3.9M
EOGEog Res Inc	0.2%	—	28,219	—	$3.7M
NETCloudflare Inc	0.2%	—	14,768	—	$3.6M
CRWDCrowdstrike Hldgs Inc	0.2%	0.9%	18,450	+0.6%	$3.5M
CDNSCadence Design System Inc	0.2%	—	8,912	—	$3.3M
SUSuncor Energy Inc New	0.2%	—	62,288	—	$3.3M
LNGCheniere Energy Inc	0.1%	—	13,817	—	$3.3M
SAPGFSap SE	0.1%	1.3%	21,307	-63.1%	$3.3M
NOWServicenow Inc	0.1%	1.0%	32,341	-53.9%	$3.2M
VLOValero Energy Corp	0.1%	—	12,064	—	$3.1M
RIORio Tinto PLC	0.1%	—	30,374	—	$2.9M
HSYHershey Co	0.1%	—	14,984	—	$2.6M
GGALGrupo Financiero Galicia S.a	0.1%	—	50,674	—	$2.5M
BKRBaker Hughes Company Cl A	0.1%	—	45,099	—	$2.5M
CVXChevron Corporation	0.1%	—	14,145	—	$2.3M
ZETAZeta Global Holdings Corp	0.1%	—	117,176	—	$2.3M

What Alphadyne Asset Management LP bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

BABA Alibaba Group Hldg Ltd+169.2% shares
MU Micron Technology Inc+108.5% shares
LMT Lockheed Martin Corp+15.5% shares

Reduced

SAPGF Sap SE-63.1% shares
MSFT Microsoft Corp-59.0% shares
CF Cf Industries Hold-57.6% shares
NOW Servicenow Inc-53.9% shares
MPC Marathon Petroleum-51.1% shares
ADBE Adobe Inc-50.4% shares
CRM Salesforce Inc-42.4% shares
META Meta Platforms Inc-21.4% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +32.0% /yr; S&P 500 +20.1%
3 years: +26.7% /yr; S&P 500 +20.4%
5 years: +20.0% /yr; S&P 500 +13.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$2.2B	204
Q1 2026	$764.6M	251
Q4 2025	$1.0B	196
Q3 2025	$148.1M	52
Q2 2025	$32.9M	32
Q4 2024	$241.2M	10
Q3 2024	$167.2M	7
Q2 2024	$223.6M	7
Q4 2023	$100.5M	6
Q3 2023	$207.3M	79
Q2 2023	$32.7M	60
Q1 2023	$54.2M	18

Questions about Alphadyne Asset Management LP's portfolio

What stocks does Alphadyne Asset Management LP own?

Alphadyne Asset Management LP's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 204 positions worth $2.2B. The largest are State Str Spdr S&p 500 ETF T (SPY) at 57.3%, Invesco Qqq Tr (QQQ) at 18.1%, Ishares Tr (IWM) at 4.0%, Micron Technology Inc (MU) at 3.5% and Microsoft Corp (MSFT) at 1.3%.

What did Alphadyne Asset Management LP buy last quarter?

In Q2 2026, Alphadyne Asset Management LP added Alibaba Group Hldg Ltd (BABA) (+169.2% shares), Micron Technology Inc (MU) (+108.5% shares) and Lockheed Martin Corp (LMT) (+15.5% shares), compared with its Q1 2026 filing.

What did Alphadyne Asset Management LP sell last quarter?

In Q2 2026, Alphadyne Asset Management LP cut from its top 50 Alphabet Inc (GOOGL), cut from its top 50 Amazon Com Inc (AMZN), cut from its top 50 Dollar Gen Corp (DG), cut from its top 50 United Parcel Svcs Inc (UPS), cut from its top 50 Texas Instrs Inc (TXN), Sap SE (SAPGF) (-63.1% shares), Microsoft Corp (MSFT) (-59.0% shares) and Cf Industries Hold (CF) (-57.6% shares), compared with its Q1 2026 filing.

How has Alphadyne Asset Management LP's portfolio performed?

A portfolio copying Alphadyne Asset Management LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +26.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +32.0% against +20.1%. Over 5 years: +20.0% a year against +13.6%.

When is Alphadyne Asset Management LP's next 13F filing due?

13F filings are due 45 days after each quarter ends. Alphadyne Asset Management LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Alphadyne Asset Management LP manage?

Alphadyne Asset Management LP reported $164.8B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.2B.