Laurion Capital Management as of Dec. 31, 2025
Portfolio Holdings for Laurion Capital Management
Laurion Capital Management holds 249 positions in its portfolio as reported in the December 2025 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Ishares Tr Russell 2000 Etf Put Option (IWM) | 13.7 | $369M | 1.5M | 246.16 | |
| Dell Technologies CL C (DELL) | 6.9 | $185M | 1.5M | 125.88 | |
| Alphabet Cap Stk Cl A (GOOGL) | 6.9 | $184M | 589k | 313.00 | |
| Apple (AAPL) | 4.9 | $132M | 485k | 271.86 | |
| Alphabet Cap Stk Cl C (GOOG) | 4.3 | $117M | 372k | 313.80 | |
| Bridgebio Pharma (BBIO) | 4.0 | $107M | 1.4M | 76.49 | |
| Norfolk Southern (NSC) | 3.8 | $102M | 352k | 288.72 | |
| Electronic Arts (EA) | 3.4 | $91M | 444k | 204.33 | |
| Nuvation Bio Com Cl A (NUVB) | 2.6 | $70M | 7.9M | 8.96 | |
| Warner Bros Discovery Com Ser A (WBD) | 2.6 | $70M | 2.4M | 28.82 | |
| Exxon Mobil Corporation (XOM) | 2.4 | $65M | 539k | 120.34 | |
| Mineralys Therapeutics (MLYS) | 2.3 | $62M | 1.7M | 36.29 | |
| Tesla Motors (TSLA) | 2.2 | $60M | 133k | 449.72 | |
| NVIDIA Corporation (NVDA) | 1.9 | $52M | 278k | 186.50 | |
| EXACT Sciences Corporation (EXAS) | 1.9 | $51M | 500k | 101.56 | |
| Microsoft Corporation (MSFT) | 1.8 | $49M | 102k | 483.62 | |
| Texas Instruments Incorporated (TXN) | 1.8 | $49M | 282k | 173.49 | |
| McDonald's Corporation Call Option (MCD) | 1.5 | $40M | 130k | 305.63 | |
| Bristol Myers Squibb Call Option (BMY) | 1.4 | $38M | 700k | 53.94 | |
| Caterpillar Call Option (CAT) | 1.3 | $34M | 59k | 572.87 | |
| Goldman Sachs Call Option (GS) | 1.2 | $32M | 36k | 879.00 | |
| Boeing Company (BA) | 1.0 | $27M | 125k | 217.12 | |
| Advanced Micro Devices (AMD) | 0.9 | $25M | 115k | 214.16 | |
| Bank of America Corporation Call Option (BAC) | 0.9 | $24M | 431k | 55.00 | |
| Applovin Corp Com Cl A Call Option (APP) | 0.8 | $23M | 34k | 673.82 | |
| Citigroup Com New (C) | 0.8 | $23M | 195k | 116.69 | |
| Bridgebio Pharma Note 2.250% 2/0 (Principal) | 0.8 | $22M | 19M | 1.13 | |
| Coinbase Global Com Cl A (COIN) | 0.8 | $21M | 94k | 226.14 | |
| Sofi Technologies (SOFI) | 0.8 | $21M | 811k | 26.18 | |
| Carvana Cl A Call Option (CVNA) | 0.8 | $21M | 50k | 422.02 | |
| Shopify Cl A Sub Vtg Shs (SHOP) | 0.8 | $21M | 127k | 160.97 | |
| Bridgebio Oncology Therapeut Com New (BBOT) | 0.7 | $18M | 1.5M | 12.52 | |
| Fox Corp Cl A Com Call Option (FOXA) | 0.7 | $18M | 240k | 73.07 | |
| Nio Note 3.875%10/1 (Principal) | 0.6 | $17M | 18M | 0.97 | |
| Synopsys Call Option (SNPS) | 0.6 | $16M | 35k | 469.72 | |
| Chipotle Mexican Grill Call Option (CMG) | 0.6 | $16M | 441k | 37.00 | |
| Mongodb Cl A (MDB) | 0.6 | $16M | 39k | 419.69 | |
| Morgan Stanley Com New (MS) | 0.5 | $14M | 80k | 177.53 | |
| Analog Devices Call Option (ADI) | 0.5 | $14M | 52k | 271.20 | |
| Nio Note 4.625%10/1 (Principal) | 0.5 | $14M | 16M | 0.90 | |
| Broadcom (AVGO) | 0.5 | $13M | 39k | 346.10 | |
| Pepgen (PEPG) | 0.5 | $13M | 2.1M | 6.51 | |
| Aardvark Therapeutics (AARD) | 0.5 | $13M | 1.0M | 13.12 | |
| Cme (CME) | 0.5 | $13M | 49k | 273.08 | |
| Cleveland-cliffs (CLF) | 0.5 | $13M | 948k | 13.28 | |
| Micron Technology Call Option (MU) | 0.4 | $10M | 36k | 285.41 | |
| Applied Materials (AMAT) | 0.4 | $9.6M | 37k | 256.99 | |
| American Express Company Call Option (AXP) | 0.3 | $8.6M | 23k | 369.95 | |
| Kkr & Co (KKR) | 0.3 | $8.6M | 67k | 127.48 | |
| Palantir Technologies Cl A (PLTR) | 0.3 | $8.4M | 47k | 177.75 | |
| Hewlett Packard Enterprise Call Option (HPE) | 0.3 | $7.7M | 320k | 24.02 | |
| Cardiff Oncology (CRDF) | 0.3 | $7.4M | 2.6M | 2.81 | |
| First Solar (FSLR) | 0.3 | $6.9M | 27k | 261.23 | |
| Blackstone Group Inc Com Cl A (BX) | 0.3 | $6.9M | 45k | 154.14 | |
| Affirm Hldgs Com Cl A (AFRM) | 0.3 | $6.7M | 91k | 74.43 | |
| Ferguson Enterprises Common Stock New (FERG) | 0.2 | $6.7M | 30k | 222.63 | |
| Autolus Therapeutics Spon Ads (AUTL) | 0.2 | $6.6M | 3.3M | 1.99 | |
| Cheniere Energy Com New (LNG) | 0.2 | $6.6M | 34k | 194.39 | |
| Servicenow (NOW) | 0.2 | $6.0M | 39k | 153.19 | |
| Dominion Resources Call Option (D) | 0.2 | $5.9M | 100k | 58.59 | |
| Pyxis Oncology Common Stock (PYXS) | 0.2 | $5.5M | 4.8M | 1.15 | |
| Coherent Corp (COHR) | 0.2 | $4.6M | 25k | 184.57 | |
| Palo Alto Networks (PANW) | 0.2 | $4.5M | 24k | 184.20 | |
| Danaher Corporation (DHR) | 0.2 | $4.4M | 19k | 228.92 | |
| Vor Biopharma Com New (VOR) | 0.2 | $4.1M | 317k | 13.08 | |
| Rocket Cos Com Cl A (RKT) | 0.1 | $4.0M | 207k | 19.36 | |
| Royal Caribbean Cruises Call Option (RCL) | 0.1 | $2.9M | 10k | 278.92 | |
| Legence Corp Cl A (LGN) | 0.1 | $2.7M | 62k | 43.04 | |
| Lpl Financial Holdings (LPLA) | 0.1 | $2.5M | 7.0k | 357.17 | |
| Cisco Systems (CSCO) | 0.1 | $2.4M | 31k | 77.03 | |
| Flutter Entmt SHS (FLUT) | 0.1 | $2.2M | 10k | 215.04 | |
| Sandisk Corp (SNDK) | 0.1 | $2.1M | 8.9k | 237.38 | |
| Columbia Banking System (COLB) | 0.1 | $2.1M | 75k | 27.95 | |
| First Ctzns Bancshares Inc D Cl A (FCNCA) | 0.1 | $2.1M | 977.00 | 2146.18 | |
| Merck & Co (MRK) | 0.1 | $2.1M | 20k | 105.26 | |
| Immunic (IMUX) | 0.1 | $2.1M | 3.9M | 0.53 | |
| Acumen Pharmaceuticals (ABOS) | 0.1 | $1.8M | 867k | 2.11 | |
| Crowdstrike Hldgs Cl A Call Option (CRWD) | 0.1 | $1.8M | 3.8k | 468.76 | |
| Astrazeneca Sponsored Adr | 0.1 | $1.7M | 19k | 91.93 | |
| Navan Cl A (NAVN) | 0.1 | $1.7M | 100k | 17.08 | |
| Veeva Sys Cl A Com (VEEV) | 0.1 | $1.6M | 7.3k | 223.23 | |
| American Water Works (AWK) | 0.1 | $1.6M | 12k | 130.50 | |
| Royal Gold (RGLD) | 0.1 | $1.6M | 7.0k | 222.29 | |
| Lumexa Imaging Holdings (LMRI) | 0.1 | $1.5M | 80k | 18.50 | |
| eBay (EBAY) | 0.1 | $1.5M | 17k | 87.10 | |
| Occidental Petroleum Corporation Call Option (OXY) | 0.0 | $1.3M | 31k | 41.12 | |
| Abercrombie & Fitch Cl A (ANF) | 0.0 | $1.3M | 10k | 125.87 | |
| On Hldg Namen Akt A (ONON) | 0.0 | $1.2M | 25k | 46.48 | |
| Spotify Technology S A SHS (SPOT) | 0.0 | $1.2M | 2.0k | 580.71 | |
| Reddit Cl A (RDDT) | 0.0 | $1.1M | 5.0k | 229.87 | |
| Digitalbridge Group Cl A New (DBRG) | 0.0 | $1.1M | 73k | 15.34 | |
| Wal-Mart Stores (WMT) | 0.0 | $1.1M | 10k | 111.41 | |
| Take-Two Interactive Software (TTWO) | 0.0 | $1.1M | 4.2k | 256.03 | |
| MaxLinear (MXL) | 0.0 | $1.1M | 61k | 17.43 | |
| Microchip Technology (MCHP) | 0.0 | $1.0M | 16k | 63.72 | |
| Vera Therapeutics Cl A (VERA) | 0.0 | $1.0M | 20k | 50.64 | |
| Vertex Pharmaceuticals Incorporated (VRTX) | 0.0 | $997k | 2.2k | 453.36 | |
| Honeywell International (HON) | 0.0 | $995k | 5.1k | 195.09 | |
| Marriott Intl Cl A (MAR) | 0.0 | $993k | 3.2k | 310.24 | |
| Qualcomm (QCOM) | 0.0 | $992k | 5.8k | 171.05 | |
| Airbnb Com Cl A (ABNB) | 0.0 | $991k | 7.3k | 135.72 | |
| Teradyne (TER) | 0.0 | $987k | 5.1k | 193.56 | |
| Amgen (AMGN) | 0.0 | $982k | 3.0k | 327.31 | |
| Roper Industries (ROP) | 0.0 | $979k | 2.2k | 445.13 | |
| Autodesk (ADSK) | 0.0 | $977k | 3.3k | 296.01 | |
| Nxp Semiconductors N V (NXPI) | 0.0 | $977k | 4.5k | 217.06 | |
| Vertiv Holdings Com Cl A (VRT) | 0.0 | $972k | 6.0k | 162.01 | |
| Axon Enterprise (AXON) | 0.0 | $966k | 1.7k | 567.93 | |
| Globalfoundries Ordinary Shares (GFS) | 0.0 | $903k | 26k | 34.92 | |
| Herman Miller (MLKN) | 0.0 | $894k | 49k | 18.28 | |
| Biogen Idec (BIIB) | 0.0 | $886k | 5.0k | 175.99 | |
| Jefferies Finl Group (JEF) | 0.0 | $879k | 14k | 61.97 | |
| UniFirst Corporation (UNF) | 0.0 | $874k | 4.5k | 192.90 | |
| Werner Enterprises (WERN) | 0.0 | $868k | 29k | 30.01 | |
| Amrize SHS (AMRZ) | 0.0 | $865k | 16k | 54.08 | |
| Urban Outfitters (URBN) | 0.0 | $858k | 11k | 75.26 | |
| Centuri Holdings Com Shs (CTRI) | 0.0 | $851k | 34k | 25.25 | |
| Clearwater Analytics Hldgs I Cl A (CWAN) | 0.0 | $846k | 35k | 24.12 | |
| Triumph Ban (TFIN) | 0.0 | $840k | 13k | 62.63 | |
| Brinker International (EAT) | 0.0 | $836k | 5.8k | 143.52 | |
| Magnite Ord (MGNI) | 0.0 | $826k | 51k | 16.23 | |
| ON Semiconductor (ON) | 0.0 | $823k | 15k | 54.15 | |
| Cnx Resources Corporation (CNX) | 0.0 | $822k | 22k | 36.77 | |
| Brookfield Asset Managmt Cl A Lmt Vtg Shs (BAM) | 0.0 | $812k | 16k | 52.39 | |
| Herc Hldgs (HRI) | 0.0 | $810k | 5.5k | 148.38 | |
| Albany Intl Corp Cl A (AIN) | 0.0 | $809k | 16k | 50.70 | |
| Corecivic (CXW) | 0.0 | $805k | 42k | 19.11 | |
| The Trade Desk Com Cl A (TTD) | 0.0 | $801k | 21k | 37.96 | |
| Academy Sports & Outdoor (ASO) | 0.0 | $801k | 16k | 49.96 | |
| Liberty Energy Com Cl A (LBRT) | 0.0 | $799k | 43k | 18.46 | |
| Callaway Golf Company (CALY) | 0.0 | $798k | 68k | 11.67 | |
| O-i Glass (OI) | 0.0 | $798k | 54k | 14.76 | |
| Marex Group Ord (MRX) | 0.0 | $794k | 21k | 38.36 | |
| Rxo Common Stock (RXO) | 0.0 | $789k | 62k | 12.64 | |
| Alkami Technology (ALKT) | 0.0 | $789k | 34k | 23.07 | |
| Seaworld Entertainment (PRKS) | 0.0 | $787k | 22k | 36.30 | |
| Worthington Stl Com Shs (WS) | 0.0 | $783k | 23k | 34.62 | |
| Dycom Industries (DY) | 0.0 | $782k | 2.3k | 337.90 | |
| Toast Cl A (TOST) | 0.0 | $780k | 22k | 35.51 | |
| Amplitude Com Cl A (AMPL) | 0.0 | $777k | 67k | 11.58 | |
| SPS Commerce (SPSC) | 0.0 | $774k | 8.7k | 89.13 | |
| Tecnoglass Ord Shs (TGLS) | 0.0 | $773k | 15k | 50.32 | |
| John Bean Technologies Corporation (JBTM) | 0.0 | $772k | 5.1k | 150.67 | |
| Asana Cl A (ASAN) | 0.0 | $771k | 56k | 13.71 | |
| Red Rock Resorts Cl A (RRR) | 0.0 | $766k | 12k | 61.95 | |
| Siriuspoint (SPNT) | 0.0 | $764k | 35k | 21.89 | |
| Geo Group Inc/the reit (GEO) | 0.0 | $761k | 47k | 16.12 | |
| Kinetik Holdings Com New Cl A (KNTK) | 0.0 | $759k | 21k | 36.05 | |
| First Bancorp P R Com New (FBP) | 0.0 | $758k | 37k | 20.73 | |
| Everquote Com Cl A (EVER) | 0.0 | $758k | 28k | 27.00 | |
| Stonex Group (SNEX) | 0.0 | $756k | 7.9k | 95.13 | |
| Boise Cascade (BCC) | 0.0 | $753k | 10k | 73.60 | |
| Avepoint Com Cl A (AVPT) | 0.0 | $751k | 54k | 13.89 | |
| Kennametal (KMT) | 0.0 | $750k | 26k | 28.41 | |
| Spx Corp (SPXC) | 0.0 | $749k | 3.7k | 200.06 | |
| Calumet (CLMT) | 0.0 | $748k | 38k | 19.87 | |
| Selective Insurance (SIGI) | 0.0 | $748k | 8.9k | 83.67 | |
| Trinet (TNET) | 0.0 | $747k | 13k | 59.13 | |
| Telephone & Data Sys Com New (TDS) | 0.0 | $744k | 18k | 41.00 | |
| Life Time Group Holdings Common Stock (LTH) | 0.0 | $737k | 28k | 26.58 | |
| Atlas Energy Solutions Com New (AESI) | 0.0 | $736k | 78k | 9.42 | |
| Chefs Whse (CHEF) | 0.0 | $733k | 12k | 62.33 | |
| Sylvamo Corp Common Stock (SLVM) | 0.0 | $732k | 15k | 48.15 | |
| Palomar Hldgs (PLMR) | 0.0 | $732k | 5.4k | 134.76 | |
| Donnelley Finl Solutions (DFIN) | 0.0 | $730k | 16k | 46.69 | |
| Carter's (CRI) | 0.0 | $727k | 22k | 32.43 | |
| Pebblebrook Hotel Trust (PEB) | 0.0 | $718k | 64k | 11.32 | |
| Coreweave Com Cl A (CRWV) | 0.0 | $715k | 10k | 71.61 | |
| CommVault Systems (CVLT) | 0.0 | $714k | 5.7k | 125.36 | |
| Q2 Holdings (QTWO) | 0.0 | $709k | 9.8k | 72.16 | |
| Knife River Corp Common Stock (KNF) | 0.0 | $707k | 10k | 70.35 | |
| Skyward Specialty Insurance Gr (SKWD) | 0.0 | $706k | 14k | 51.11 | |
| Evertec (EVTC) | 0.0 | $704k | 24k | 29.09 | |
| WD-40 Company (WDFC) | 0.0 | $703k | 3.6k | 196.90 | |
| SM Energy (SM) | 0.0 | $703k | 38k | 18.70 | |
| CVB Financial (CVBF) | 0.0 | $701k | 38k | 18.60 | |
| Group 1 Automotive (GPI) | 0.0 | $701k | 1.8k | 393.30 | |
| Idt Corp Cl B New (IDT) | 0.0 | $701k | 14k | 51.21 | |
| Sensient Technologies Corporation (SXT) | 0.0 | $700k | 7.4k | 93.95 | |
| Curbline Pptys Corp (CURB) | 0.0 | $699k | 30k | 23.21 | |
| Taylor Morrison Hom (TMHC) | 0.0 | $696k | 12k | 58.87 | |
| New Jersey Resources Corporation (NJR) | 0.0 | $695k | 15k | 46.12 | |
| TreeHouse Foods (THS) | 0.0 | $694k | 29k | 23.59 | |
| Golar Lng SHS (GLNG) | 0.0 | $693k | 19k | 37.21 | |
| Tripadvisor (TRIP) | 0.0 | $692k | 48k | 14.56 | |
| Meritage Homes Corporation (MTH) | 0.0 | $690k | 11k | 65.80 | |
| Lancaster Colony (MZTI) | 0.0 | $690k | 4.2k | 164.42 | |
| Sonic Automotive Cl A (SAH) | 0.0 | $688k | 11k | 61.86 | |
| PAR Technology Corporation (PAR) | 0.0 | $686k | 19k | 36.28 | |
| Arlo Technologies (ARLO) | 0.0 | $686k | 49k | 13.99 | |
| Northern Oil And Gas Inc Mn (NOG) | 0.0 | $685k | 32k | 21.47 | |
| Atkore Intl (ATKR) | 0.0 | $683k | 11k | 63.25 | |
| MGE Energy (MGEE) | 0.0 | $682k | 8.7k | 78.42 | |
| Box Cl A (BOX) | 0.0 | $681k | 23k | 29.91 | |
| C3 Ai Cl A (AI) | 0.0 | $681k | 51k | 13.48 | |
| Cadre Hldgs (CDRE) | 0.0 | $678k | 17k | 40.84 | |
| Adient Ord Shs (ADNT) | 0.0 | $678k | 35k | 19.17 | |
| National Beverage (FIZZ) | 0.0 | $677k | 21k | 31.89 | |
| Magnolia Oil & Gas Corp Cl A (MGY) | 0.0 | $675k | 31k | 21.89 | |
| TPG Com Cl A (TPG) | 0.0 | $670k | 11k | 63.84 | |
| Worthington Industries (WOR) | 0.0 | $667k | 13k | 51.57 | |
| Agilysys (AGYS) | 0.0 | $662k | 5.6k | 118.84 | |
| Mirion Technologies Com Cl A (MIR) | 0.0 | $660k | 28k | 23.42 | |
| Noble Corp Ord Shs A (NE) | 0.0 | $659k | 23k | 28.24 | |
| Armour Residential Reit Com Shs (ARR) | 0.0 | $659k | 37k | 17.69 | |
| Qualys (QLYS) | 0.0 | $655k | 4.9k | 132.90 | |
| Itron (ITRI) | 0.0 | $654k | 7.0k | 92.86 | |
| Fluor Corporation (FLR) | 0.0 | $654k | 17k | 39.63 | |
| Lgi Homes (LGIH) | 0.0 | $644k | 15k | 42.96 | |
| Universal Technical Institute (UTI) | 0.0 | $637k | 24k | 26.13 | |
| Valaris Cl A (VAL) | 0.0 | $629k | 13k | 50.40 | |
| Exp World Holdings Inc equities (EXPI) | 0.0 | $596k | 66k | 9.05 | |
| Sharkninja Com Shs (SN) | 0.0 | $560k | 5.0k | 111.90 | |
| Harmonic (HLIT) | 0.0 | $551k | 56k | 9.89 | |
| Cdw (CDW) | 0.0 | $545k | 4.0k | 136.20 | |
| Encana Corporation (OVV) | 0.0 | $545k | 14k | 39.19 | |
| Monolithic Power Systems (MPWR) | 0.0 | $544k | 600.00 | 906.36 | |
| Cinemark Holdings (CNK) | 0.0 | $544k | 23k | 23.24 | |
| Post Holdings Inc Common (POST) | 0.0 | $535k | 5.4k | 99.05 | |
| Us Bancorp Del Com New (USB) | 0.0 | $531k | 10k | 53.36 | |
| Verizon Communications (VZ) | 0.0 | $466k | 11k | 40.73 | |
| Commerce Bancshares (CBSH) | 0.0 | $462k | 8.8k | 52.34 | |
| Lululemon Athletica (LULU) | 0.0 | $436k | 2.1k | 207.81 | |
| Ypf Sociedad Anonima Spon Adr Cl D (YPF) | 0.0 | $434k | 12k | 36.16 | |
| Hamilton Lane Cl A (HLNE) | 0.0 | $403k | 3.0k | 134.31 | |
| Novanta (NOVT) | 0.0 | $384k | 3.2k | 118.99 | |
| Synchrony Financial (SYF) | 0.0 | $383k | 4.6k | 83.43 | |
| Trupanion (TRUP) | 0.0 | $353k | 9.5k | 37.37 | |
| Fortive (FTV) | 0.0 | $351k | 6.3k | 55.21 | |
| Clearwater Paper (CLW) | 0.0 | $348k | 20k | 17.40 | |
| California Res Corp Com Stock (CRC) | 0.0 | $327k | 7.3k | 44.71 | |
| United Therapeutics Corporation (UTHR) | 0.0 | $327k | 670.00 | 487.25 | |
| Pliant Therapeutics (PLRX) | 0.0 | $314k | 257k | 1.22 | |
| Arch Cap Group Ord (ACGL) | 0.0 | $301k | 3.1k | 95.92 | |
| Altria (MO) | 0.0 | $298k | 5.2k | 57.66 | |
| Walt Disney Company (DIS) | 0.0 | $292k | 2.6k | 113.77 | |
| Tko Group Holdings Cl A (TKO) | 0.0 | $289k | 1.4k | 209.00 | |
| Gartner (IT) | 0.0 | $274k | 1.1k | 252.28 | |
| Banco Macro Sa Spon Adr B (BMA) | 0.0 | $271k | 3.0k | 90.16 | |
| West Pharmaceutical Services (WST) | 0.0 | $212k | 772.00 | 275.14 | |
| Nordson Corporation (NDSN) | 0.0 | $205k | 853.00 | 240.43 | |
| Coeur Mng Com New (CDE) | 0.0 | $190k | 11k | 17.83 | |
| Corbus Pharmaceuticals Hldgs Com New (CRBP) | 0.0 | $151k | 19k | 8.14 | |
| Ready Cap Corp Com reit (RC) | 0.0 | $79k | 36k | 2.18 | |
| SITE Centers Corp (SITC) | 0.0 | $70k | 11k | 6.42 | |
| Nuvation Bio *w Exp 02/10/202 (NUVB.WS) | 0.0 | $55k | 167k | 0.33 | |
| Encore Energy Corp Com New (EU) | 0.0 | $29k | 12k | 2.48 | |
| Sunpower *w Exp 07/31/202 (SPWRW) | 0.0 | $3.4k | 13k | 0.27 | |
| Taboola.com *w Exp 99/99/999 (TBLAW) | 0.0 | $3.1k | 85k | 0.04 |