Teramo Advisors, LLC
•CIK: 1904821•Filing: Q4 2025
**Teramo Advisors, LLC** manages $201M across a concentrated portfolio of 10 positions. The strategy shows a significant overweighting in broad market indices, evidenced by the $144.2M allocation to IVV and $52.6M in SPY. Notable secondary holdings include substantial positions in GOOGL ($0.7M) and AAPL ($0.3M). This structure suggests a core focus on established, large-cap equity exposure.
Total AUM
$148.2M
+ $52.6M in options
QoQ Performance
+33.5%
Positions
9
+ 1 option
Top 10 Concentration
100.0%
Latest Filing
Q4 2025
Top Holdings Allocation
IVV
SPY
IVV71.8%
SPY26.2%
OPER1.0%
GOOGL0.3%
AAPL0.1%
4I10.1%
SPGI0.1%
FE0.1%
📈 Biggest Buys
📉 Biggest Sells
OPER
ETF SER SOLUTIONS
-33.3%
1.0% of portfolio
Sector Breakdown
ETF98.0%
Other1.3%
Technology0.6%
Financial0.1%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW1 new position
↑2 increased
↓1 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023