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They include 18 pooled investment vehicles and 9 other clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Lombard Odier Asset Management (USA) offer?","answer":"Lombard Odier Asset Management (USA) provides portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Lombard Odier Asset Management (USA) use?","answer":"Lombard Odier Asset Management (USA)’s separately managed account assets are held at SS&C Technologies Inc (Windsor, CT), with $454M, State Street Global Markets, LLC (Boston, MA), with $377M, Bank of New York Mellon (New York, NY), with $149M, Northern Trust Corporation (Chicago, IL), with $143M and UBS (London), with $19.3M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Lombard Odier Asset Management (USA) have?","answer":"Lombard Odier Asset Management (USA) has 0 investment adviser representatives registered with state securities authorities, out of 64 employees, and 27 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Lombard Odier Asset Management (USA) invest in?","answer":"At the end of its last fiscal year, Lombard Odier Asset Management (USA)’s separately managed accounts held 51% exchange-traded equities, 23% U.S. government and agency bonds, 16% high-yield corporate bonds, 9% investment grade corporate bonds, 2% cash and equivalents and 1% derivatives. It advises 9 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Lombard Odier Asset Management (USA)?","answer":"Lombard Odier Asset Management (USA)’s direct owner is Lo Holding Sa (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Lombard Odier Asset Management (USA) get paid?","answer":"Lombard Odier Asset Management (USA) is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Lombard Odier Asset Management (USA)?","answer":"Lombard Odier Asset Management (USA)’s main office is at 452 Fifth Avenue, 25th Floor, New York, NY 10018. Its phone number is 212-295-6200.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/lombard-odier-asset-management-usa-153582/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1491719/000090883426000410/0000908834-26-000410-index.html","totalValue":726896383,"positionCount":142,"top10Share":0.48694484561770063,"top10":[{"issuer":"AMERICAN AIRLINES GROUP INC","titleOfClass":"COM","cusip":"02376R102","value":109506007,"shares":6060100,"shareType":"SH","putCall":"Put","priorValue":65085474,"priorShares":6060100},{"issuer":"APPLE INC","titleOfClass":"COM","cusip":"037833100","value":54978400,"shares":190000,"shareType":"SH","putCall":"Put","priorValue":48220100,"priorShares":190000},{"issuer":"RIVIAN AUTOMOTIVE INC","titleOfClass":"COM CL 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