QVR LLC
QVR LLC, established in 2017, is an SEC-registered investment adviser headquartered in San Francisco, California. The firm specializes in alternative investments primarily for institutional investors, offering its expertise in portfolio hedging, quantitative strategies, and risk management. QVR focuses on managing pooled investment vehicles, and serves a global client base with a team of approximately 11 professionals.
Investment Strategy
QVR LLC employs quantitative and analytical approaches focused on alternative investments, particularly in convexity, volatility, and risk premia strategies. The firm's philosophy centers on portfolio hedging and exploiting market inefficiencies, providing institutional investors with solutions for downside risk management and absolute returns. Through its proprietary research and risk analysis, QVR manages pooled investment vehicles to achieve alpha while emphasizing capital protection during adverse market events.
Top Holdings
Equity Positions (36)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | 3.78% | $37.0M | 59,906 | $617.85 | $617.85 | +$37.0M |
C COST | COSTCO WHSL CORP NEW | 2.31% | $22.7M | 22,886 | $989.94 | $989.94 | +$22.7M |
T TGT | TARGET CORP | 1.12% | $11.0M | 111,645 | $98.65 | $98.65 | +$11.0M |
Q QQQ | INVESCO QQQ TR | 0.40% | $3.9M | 7,100 | $551.64 | $551.64 | +$3.9M |
N NVDA | NVIDIA CORPORATION | 0.32% | $3.1M | 19,905 | $157.99 | $157.99 | +$3.1M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | New | Put | $127.9M | 8,094 | $157.99 | $157.99 | +8,094 | +$127.9M |
P PLTR | PALANTIR TECHNOLOGIES INC | New | Put | $73.0M | 5,356 | $136.32 | $136.32 | +5,356 | +$73.0M |
T TSLA | TESLA INC | New | Put | $64.7M | 2,037 | $317.66 | $317.66 | +2,037 | +$64.7M |
B BX | BLACKSTONE INC | New | Call | $61.0M | 4,075 | $149.58 | $149.58 | +4,075 | +$61.0M |
B BX | BLACKSTONE INC | New | Put | $60.3M | 4,030 | $149.58 | $149.58 | +4,030 | +$60.3M |