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 (AMZN, 3.5%), Ishares Tr (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	3.5%	2.2%	139,685	+50.8%	$33.3M
TLTIshares Tr	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
ORLYOreilly 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 Index Fds	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	0.8%	—	166,767	—	$7.9M
TMUST-Mobile US Inc	0.8%	—	44,946	—	$7.5M
CLSKCleanspark Inc Com New	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	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 Inc	0.7%	—	49,478	—	$6.3M
MARAMara Holdings Inc	0.7%	—	444,756	—	$6.2M
SCHDSchwab Strategic Tr	0.6%	—	186,000	—	$5.9M
JEPQJ P Morgan Exchange Traded F	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 Cap Group Ltd	0.5%	—	50,947	—	$4.9M
PODDInsulet Corp	0.5%	—	31,930	—	$4.9M
PLUGPlug Pwr Inc	0.5%	—	1,763,652	—	$4.8M
QCOMQualcomm Inc	0.5%	—	25,538	—	$4.7M
WFCWells Fargo & Co	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	0.5%	—	52,426	—	$4.5M
UTHRUnited Therapeutics Corp Del	0.5%	—	8,228	—	$4.5M
INSMInsmed Inc	0.5%	—	40,855	—	$4.4M
XLESelect Sector Spdr Tr	0.5%	1.5%	81,995	-60.6%	$4.4M
CPRTCopart Inc	0.5%	0.3%	152,660	+68.5%	$4.3M
XLYSelect Sector Spdr Tr	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 Oreilly Automotive Inc+56.5% shares
AMZN Amazon Com Inc+50.8% shares

Reduced

MU Micron Technology Inc-87.3% shares
MSFT Microsoft Corp-76.0% shares
XLE Select Sector Spdr Tr-60.6% shares
WMT Walmart Inc-52.0% shares
EA Electronic Arts Inc-26.9% shares
VOO Vanguard Index Fds-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, 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	$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 (AMZN) at 3.5%, Ishares Tr (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 Oreilly 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 (TSLA), cut from its top 50 Alphabet Inc (GOOGL), cut from its top 50 Chevron Corporation (CVX), cut from its top 50 Warner Bros Discovery Inc (WBD), cut from its top 50 Ishares Tr (HYG), Micron Technology Inc (MU) (-87.3% shares), Microsoft Corp (MSFT) (-76.0% shares) and Select Sector Spdr Tr (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.