RPO LLC
Sector Allocation
- Other53.8%$13.1M
- Financials28.0%$6.8M
- Technology18.2%$4.4M
- Energy0.0%$4,305
AUM History
13fpro.ai/research/fund/rpo-llc-1885066
Conviction and streaks
Concentrating · top 10 = 93.7%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
MSTR
$5.1MSMCI
$4.4MUSA
$4.0MSTEW
$3.2MASG
$3.1MXRPZ
$897KGLO
$560KGLQ
$486KGLV
$470KCHW
$424KSABA
$417KBSOL
$404KETJ
$343KETHB
$317KBULL
$40K- BLAIZE$13K
ANNA
$4K
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/rpo-llc-1885066
RPO LLC 13F holdings — Q2 2026
$30.4M portfolio (-6.1% QoQ) · 22 holdings · Q2 2026 13F · top 10 are 94% of the stock portfolio
Includes $6.1M of put/call options ($1.1M puts, $5.1M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $24.3M. Weights use the stock portfolio.
$5.1M
21.1% of stocks
No changeThis quarter+44.0%Since filed4 qtrsHeld$4.4M
18.2% of stocks
NewThis quarter-16.5%Since filedNew this quarterHeld$4.0M
16.5% of stocks
+20%This quarter-1.8%Since filed3 qtrsHeld$3.2M
13.2% of stocks
No changeThis quarter-3.6%Since filed10+ qtrsHeld$3.1M
12.9% of stocks
+54%This quarter-8.9%Since filed3 qtrsHeld$897.2K
3.7% of stocks
NewThis quarter+27.9%Since filedNew this quarterHeld$559.9K
2.3% of stocks
No changeThis quarter-10.0%Since filed10+ qtrsHeld$485.5K
2.0% of stocks
-31%This quarter-10.7%Since filed10+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$469.8K
1.9% of stocks
No changeThis quarter-9.2%Since filed10+ qtrsHeld$423.8K
1.8% of stocks
No changeThis quarter-10.6%Since filed10+ qtrsHeld
All holdings — RPO LLC (Q2 2026)
22 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | iShares Bitcoin Trust ETF | Financials | $4.1M | — | 122K | New | — | — | 13F | |
| 12 | United States Oil Fund, LP | Financials | $1.0M | — | 9,400 | New | — | — | 13F | |
| 13 | United States Oil Fund, LP | Financials | $585K | — | 5,500 | -90% | — | — | 13F | |
| 14 | Saba Capital Income & Opportunities Fund II | Other | $417K | 1.7% | 50K | -59% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Bitwise Solana Staking ETFetf/fund | Financials | $404K | 1.7% | 40K | -53% | 3 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | — PUT | PROSHARES TR II - ULTRA VIX SHORT | — | $356K | — | 14K | — | — | — | 13F |
| 17 | Eaton Vance Risk-Managed Diversified Equity Income Fund | Other | $343K | 1.4% | 41K | +113% | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | iShares Staked Ethereum Trust ETFetf/fund | Financials | $317K | 1.3% | 16K | -50% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | iShares Bitcoin Trust ETF | Financials | $116K | — | 3,500 | New | — | — | 13F | |
| 20 | Webull Corpwarrant | Financials | $40K | 0.2% | 21K | — | 5 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | — | BLAIZE HLDGS INC - *W EXP 01/13/203warrant | — | $13K | 0.1% | 38K | -16% | — | — | 13F |
| 22 | AleAnna, Inc.warrant | Energy | $4K | 0.0% | 14K | — | 7 qtrs | AI quality score is Pro: unlock with a free trial | 13F |
What changed in Q2 2026
Against the previous quarter's 13F: 5 new, 3 added to, 6 trimmed, 7 sold out. Share-count changes; largest moves by dollar size first.
New positions (5)
first bought this quarter
$IBITCALLiShares Bitcoin Trust ETF$4.1M
first bought this quarter
$USOCALLUnited States Oil Fund, LP$1.0M
first bought this quarter
first bought this quarter
first bought this quarter
Added to (3)
Trimmed (6)
now $585K
now $417K · held 2 qtrs
now $404K · held 3 qtrs, 2 trims in a row
now $317K · held 2 qtrs
now $486K · held 10+ qtrs, 2 trims in a row
- BLAIZE HLDGS INC - *W EXP 01/13/203-16%
now $13K
Sold out (7)
$ETHGrayscale Ethereum Staking Mini ETFwas $1.6M
held 2 qtrs
$XFLTXAI Floating Rate & Alternative Income Trustwas $1.5M
held 1 qtr
$SOEZFranklin Solana Trustwas $817K
held 1 qtr
$FETHFidelity Ethereum Fundwas $745K
held 1 qtr
- VANECK SOLANA TRwas $713K
$BRWSaba Capital Income & Opportunities Fundwas $637K
+1 more in the Excel export
Holdings by quarter
Every 13F RPO LLC has filed, 18 earlier quarters. Pick one to see what it held then.
Is it too late to follow RPO?
Q2 2026 13F filed with the SEC on Aug 13, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of RPO's top 20 holdings: 38/100 (our AI quality score, weighted by position size; 4 of the 20 are scored)
Top 10 since filing
+4.9%
Value-weighted move of the 10 largest stock positions
Turnover
30%
Last quarter; 94% over the last 4
Top 10 weight
94%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
43%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 4 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
RPO LLC disclosed 22 positions worth $30.4M in its Form 13F-HR for Q2 2026 — $24.3M in common stock plus $6.1M of put/call option positions (reported at underlying notional value, not premium at risk), led by $MSTR (Strategy Inc) at 21.1% of the equity portfolio, followed by $SMCI and $USA. During the quarter the fund opened 5 new positions and exited 7 — including a new stake in $SMCI and a full exit from $ETH. The portfolio is most concentrated in Other (53.8% of disclosed assets). All figures are sourced directly from RPO LLC’s Form 13F-HR filing with the SEC under CIK 1885066.
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AI-Powered Hedge Fund Analysis: RPO LLC
13F Pro is an AI hedge fund tracker and stock research platform. For RPO LLC (SEC CIK: 1885066), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in RPO LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.