Q2 2026 13F · SEC CIK 1570271

Headlands Technologies LLC

Investment managerFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $942.5M
Reported positions: 695
Top holdings a year, 3 yrs: +21.3%
Average holding period: 3 qtrs

Headlands Technologies LLC is an investment manager that reported 695 positions worth $942.5M in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Amazon Com Inc Com (AMZN, 3.5%), Ishares 20 Year Treasury Bond ETF (TLT, 1.8%), Micron Technology Inc (MU, 1.6%). A portfolio copying its top holdings returned 21.3% a year over the last 3 years, against 20.4% for the S&P 500.

Headlands Technologies LLC holdings largest 50 of 695 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.

Headlands Technologies LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
AMZNAmazon Com Inc Com	3.5%	2.2%	139,685	+50.8%	$33.3M
TLTIshares 20 Year Treasury Bond ETF	1.8%	—	195,674	—	$16.9M
MUMicron Technology Inc	1.6%	4.0%	13,084	-87.3%	$15.1M
AMDAdvanced Micro Devices Inc	1.4%	—	23,179	—	$13.5M
CMECme Group Inc	1.3%	—	55,716	—	$12.3M
INTCIntel Corp	1.2%	—	79,654	—	$11.1M
ORLYO'Reilly Automotive Inc	1.1%	0.8%	111,848	+56.5%	$10.3M
BEBloom Energy Corp	1.0%	—	32,637	—	$9.9M
QQQInvesco Qqq Tr	1.0%	0.4%	13,255	+127.5%	$9.8M
IBKRInteractive Brokers Group in	0.9%	—	101,115	—	$8.8M
ORCLOracle Corp	0.9%	—	57,010	—	$8.4M
VOOVanguard S&p 500 ETF	0.9%	1.0%	12,025	-20.0%	$8.3M
WMTWalmart Inc	0.9%	2.1%	72,140	-52.0%	$8.2M
UALUnited Airls Hldgs Inc	0.8%	—	58,455	—	$7.9M
CSXCsx Corp Com	0.8%	—	166,767	—	$7.9M
TMUST-Mobile US Inc	0.8%	—	44,946	—	$7.5M
CLSKCleanspark Inc	0.8%	—	512,476	—	$7.5M
ROKURoku Inc	0.8%	—	53,299	—	$7.4M
EAElectronic Arts Inc	0.8%	1.1%	35,701	-26.9%	$7.3M
MDLZMondelez International Inc.	0.8%	—	125,577	—	$7.3M
CSCOCisco Sys Inc	0.8%	—	61,507	—	$7.2M
MNSTMonster Beverage Corp New	0.7%	—	70,514	—	$6.8M
REGNRegeneron Pharmaceuticals	0.7%	—	10,545	—	$6.6M
MSFTMicrosoft Corp	0.7%	3.0%	17,028	-76.0%	$6.4M
SMTCSemtech Corp	0.7%	—	39,234	—	$6.4M
GILDGilead Sciences	0.7%	—	49,478	—	$6.3M
MARAMara Holdings Inc	0.7%	—	444,756	—	$6.2M
SCHDSchwab Strategic Tr	0.6%	—	186,000	—	$5.9M
JEPQJpmorgan Nasdaq Equity Premium Income Et	0.6%	—	93,776	—	$5.8M
EMBIshares Tr	0.6%	—	59,078	—	$5.7M
RIOTRiot Platforms Inc	0.6%	—	206,566	—	$5.7M
BRK-BBerkshire Hathaway Inc Del	0.6%	—	11,220	—	$5.6M
BKRBaker Hughes Company Cl A	0.6%	0.8%	99,400	-8.1%	$5.5M
SOFISofi Technologies Inc	0.6%	—	292,302	—	$5.2M
RPRXRoyalty Pharma PLC	0.5%	—	90,729	—	$5.1M
ACGLArch Capital Group Ltd	0.5%	—	50,947	—	$4.9M
PODDInsulet Corp	0.5%	—	31,930	—	$4.9M
PLUGPlug Power Inc	0.5%	—	1,763,652	—	$4.8M
QCOMQualcomm Inc	0.5%	—	25,538	—	$4.7M
WFCWells Fargo Co New	0.5%	—	56,354	—	$4.7M
VIAVViavi Solutions Inc	0.5%	—	97,308	—	$4.6M
CRDOCredo Technology Group Holdi	0.5%	—	16,757	—	$4.6M
ISRGIntuitive Surgical Inc	0.5%	—	11,375	—	$4.5M
AMKRAmkor Technology Inc Com	0.5%	—	52,426	—	$4.5M
UTHRUnited Therapeutics Corp	0.5%	—	8,228	—	$4.5M
INSMInsmed Inc	0.5%	—	40,855	—	$4.4M
XLEState Street Energy Select Sector Spdr E	0.5%	1.5%	81,995	-60.6%	$4.4M
CPRTCopart Inc	0.5%	0.3%	152,660	+68.5%	$4.3M
XLYConsumer Discretionary Select S	0.5%	—	36,631	—	$4.3M
FASTFastenal Co	0.5%	—	89,077	—	$4.3M

What Headlands Technologies LLC 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

QQQ Invesco Qqq Tr+127.5% shares
CPRT Copart Inc+68.5% shares
ORLY O'Reilly Automotive Inc+56.5% shares
AMZN Amazon Com Inc Com+50.8% shares

Reduced

MU Micron Technology Inc-87.3% shares
MSFT Microsoft Corp-76.0% shares
XLE State Street Energy Select Sector Spdr E-60.6% shares
WMT Walmart Inc-52.0% shares
EA Electronic Arts Inc-26.9% shares
VOO Vanguard S&p 500 ETF-20.0% shares
BKR Baker Hughes Company Cl A-8.1% 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: +11.5% /yr; S&P 500 +20.1%
3 years: +21.3% /yr; S&P 500 +20.4%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 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	$942.5M	695
Q1 2026	$877.9M	712
Q4 2025	$1.2B	654
Q3 2025	$1.3B	594
Q2 2025	$835.2M	1,142
Q1 2025	$877.4M	1,101
Q4 2024	$995.3M	1,160
Q3 2024	$869.8M	1,142
Q2 2024	$942.6M	1,104
Q1 2024	$416.3M	1,215
Q4 2023	$335.3M	923
Q3 2023	$203.4M	888

Questions about Headlands Technologies LLC's portfolio

What stocks does Headlands Technologies LLC own?

Headlands Technologies LLC's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 695 positions worth $942.5M. The largest are Amazon Com Inc Com (AMZN) at 3.5%, Ishares 20 Year Treasury Bond ETF (TLT) at 1.8%, Micron Technology Inc (MU) at 1.6%, Advanced Micro Devices Inc (AMD) at 1.4% and Cme Group Inc (CME) at 1.3%.

What did Headlands Technologies LLC buy last quarter?

In Q2 2026, Headlands Technologies LLC added Invesco Qqq Tr (QQQ) (+127.5% shares), Copart Inc (CPRT) (+68.5% shares) and O'Reilly Automotive Inc (ORLY) (+56.5% shares), compared with its Q1 2026 filing.

What did Headlands Technologies LLC sell last quarter?

In Q2 2026, Headlands Technologies LLC cut from its top 50 Tesla Inc Com (TSLA), cut from its top 50 Alphabet Inc (GOOGL), cut from its top 50 Chevron Corp New (CVX), cut from its top 50 Warner Bros Discovery Inc (WBD), cut from its top 50 Ishares Trust (HYG), Micron Technology Inc (MU) (-87.3% shares), Microsoft Corp (MSFT) (-76.0% shares) and State Street Energy Select Sector Spdr E (XLE) (-60.6% shares), compared with its Q1 2026 filing.

How has Headlands Technologies LLC's portfolio performed?

A portfolio copying Headlands Technologies LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +21.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +11.5% against +20.1%.

When is Headlands Technologies LLC's next 13F filing due?

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