Pine Ridge Advisers LLC
•CIK: 1845915•Filing: Q4 2025
**Pine Ridge Advisers LLC** manages $1.7B across a concentrated portfolio of 38 positions. The fund exhibits significant exposure to major indices and digital assets, notably holding $561.5M in SPY and $225.7M in a second SPY allocation. Key allocations include $110.6M in IBIT and $92.5M in IVV, alongside substantial positions in VO ($88.8M) and NDQ ($87.7M). This structure suggests a core strategy focused on broad market beta and high-conviction sector/asset class bets.
Total AUM
$1.5B
+ $225.7M in options
QoQ Performance
-0.5%
Positions
26
+ 1 option
Top 10 Concentration
83.8%
Latest Filing
Q4 2025
Top Holdings Allocation
SPY
SPY
IBIT
IVV
VO
NDQ
SPY33.5%
SPY13.5%
IBIT6.6%
IVV5.5%
VO5.3%
NDQ5.2%
IJH4.3%
FBTC3.8%
📈 Biggest Buys
📉 Biggest Sells
VTI
VANGUARD INDEX FDS
-28.4%
1.6% of portfolio
Sector Breakdown
ETF52.7%
Other43.1%
Technology3.1%
Financial0.6%
Consumer0.6%
Changes from Q3 2025
↑12 increased
↓1 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023