Alamar Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Alamar Capital Management, LLC reported 73 stock positions worth $184.6 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 11.0% of the portfolio, followed by iShares MSCI Eafe ETF (EFA, 4.2%) and Progressive (PGR, 3.4%). Compared with Q1 2025, it opened 5 new positions, sold out of 3, added to 20 and reduced 31. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +20%) and the biggest sale an exit from Burlington Stores (BURL).
- Most Recent 13F
- Q2 2026
- Location
- SANTA BARBARA, CA
- CIK
- 0001846995
- Portfolio Value
- $184.6M (Q2 2025)
- SEC Filing
- 0001085146-25-004338 ↗ filed Jul 31, 2025
Holdings Value
Holdings 73 stocks · $184.6M
| VOO Vanguard S&P 500 ETF | 11.05% | 35,782 | $20.4M | Add +20.2% |
| EFA iShares MSCI Eafe ETF | 4.21% | 86,887 | $7.8M | Add +23.8% |
| PGR Progressive Corp. | 3.42% | 23,634 | $6.3M | Reduce -3.1% |
| SHY iShares 1-3 Year Treasury Bo | 3.38% | 75,371 | $6.2M | Add +19.9% |
| AGG iShares Core U.S. Aggregate | 3.35% | 62,242 | $6.2M | Add +10.4% |
| FTNT Fortinet Inc. | 3.06% | 53,345 | $5.6M | Reduce -3.5% |
| TW Tradeweb Markets Inc. Class A | 2.87% | 36,167 | $5.3M | Reduce -3.0% |
| PANW Palo Alto Networks Inc. | 2.67% | 24,038 | $4.9M | Reduce -2.1% |
| NOW ServiceNow Inc. | 2.64% | 4,738 | $4.9M | Reduce -2.1% |
| NFLX Netflix Inc. | 2.60% | 3,578 | $4.8M | Reduce -3.9% |
| APPF Appfolio Inc. Class A | 2.28% | 18,300 | $4.2M | Add +60.9% |
| INTA Intapp Inc. | 2.27% | 81,080 | $4.2M | Reduce -3.1% |
| PCTY Paylocity Holding Corp. | 2.25% | 22,891 | $4.1M | Reduce -2.1% |
| OKTA Okta Inc. | 2.21% | 40,780 | $4.1M | Reduce -1.9% |
| SKWD Skyward Specialty Insurance | 2.19% | 69,935 | $4.0M | Add +6.8% |
| ABNB Airbnb Inc. Class A | 2.18% | 30,355 | $4.0M | Reduce -2.3% |
| MDB Mongodb Inc. | 2.11% | 18,580 | $3.9M | Reduce -1.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.11% | 21,903 | $3.9M | Add +28.1% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 2.09% | 52,580 | $3.9M | Add +6.5% |
| MGM MGM Resorts International | 2.06% | 110,525 | $3.8M | Add +6.6% |
| APH Amphenol Corp. Class A | 2.05% | 38,310 | $3.8M | Add +0.1% |
| HCA HCA Healthcare Inc. | 2.03% | 9,800 | $3.8M | Reduce -24.6% |
| MKTX Marketaxess Holdings Inc. | 2.03% | 16,752 | $3.7M | Reduce -1.5% |
| WK Workiva Inc. | 2.02% | 54,467 | $3.7M | Add +14.2% |
| WDAY Workday Inc. Class A | 1.96% | 15,064 | $3.6M | Reduce -1.7% |
| EOG EOG Resources Inc. | 1.88% | 29,001 | $3.5M | Reduce -2.2% |
| XYZ Block Inc. | 1.73% | 46,950 | $3.2M | Add +14.8% |
| LRN Stride Inc. | 1.57% | 19,935 | $2.9M | Reduce -1.3% |
| DXCM Dexcom Inc. | 1.55% | 32,868 | $2.9M | Reduce -1.9% |
| MSCI MSCI Inc. | 1.52% | 4,874 | $2.8M | Reduce -2.3% |
| ACI Albertsons Cos Inc. Class A | 1.27% | 108,803 | $2.3M | Reduce -2.4% |
| ESTC Elastic NV | 1.26% | 27,655 | $2.3M | New |
| ASO Academy Sports & Outdoors Inc. | 1.26% | 51,811 | $2.3M | Add +14.9% |
| ISRG Intuitive Surgical Inc. | 1.26% | 4,269 | $2.3M | Reduce -2.1% |
| FND Floor & Decor Holdings Inc. Class A | 1.18% | 28,735 | $2.2M | Add +19.3% |
| IWN iShares Russell 2000 Value E | 1.15% | 13,425 | $2.1M | Add +4.3% |
| IWD iShares Russell 1000 Value E | 0.85% | 8,104 | $1.6M | No change |
| KHC The Kraft Heinz Co. | 0.85% | 60,674 | $1.6M | Reduce -2.2% |
| IWF iShares Russell 1000 Growth | 0.75% | 3,246 | $1.4M | Reduce -1.5% |
| VLO Valero Energy Corp. | 0.68% | 9,386 | $1.3M | Reduce -4.2% |
| EG Everest Group Ltd. | 0.68% | 3,670 | $1.2M | Reduce -42.1% |
| WSM Williams-Sonoma Inc. | 0.66% | 7,475 | $1.2M | Reduce -46.3% |
| DELL Dell Technologies -C | 0.66% | 9,951 | $1.2M | Reduce -1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.66% | 2,489 | $1.2M | Add +151.7% |
| SIGI Selective Insurance Group | 0.64% | 13,652 | $1.2M | Reduce -3.1% |
| AAPL Apple Inc. | 0.62% | 5,568 | $1.1M | Add +0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.54% | 1,596 | $989K | Add +0.6% |
| AMZN Amazon.com Inc. | 0.53% | 4,460 | $978K | No change |
| VYM Vanguard High DVD Yield ETF | 0.50% | 6,960 | $928K | Add +4.9% |
| MSFT Microsoft Corp. | 0.43% | 1,595 | $794K | No change |
| BSV Vanguard Short-Term Bond ETF | 0.34% | 8,000 | $630K | Reduce -0.3% |
| BIV Vanguard Intermediate-Term B | 0.31% | 7,457 | $577K | No change |
| META Meta Platforms Inc. Class A | 0.30% | 750 | $554K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.26% | 9,836 | $486K | Reduce -7.8% |
| AMD Advanced Micro Devices | 0.26% | 3,400 | $482K | No change |
| SCHK Schwab 1000 Index ETF | 0.26% | 16,003 | $477K | Add +0.2% |
| AVGO Broadcom Inc. | 0.25% | 1,680 | $463K | No change |
| GOOGL Alphabet Inc. Class A | 0.23% | 2,441 | $430K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.19% | 4,142 | $346K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.19% | 1,125 | $343K | Reduce -0.3% |
| NVDA Nvidia Corp. | 0.17% | 2,017 | $319K | No change |
| FSK FS KKR Capital Corp. | 0.16% | 14,000 | $300K | No change |
| OBDC Blue Owl Capital Corp. | 0.16% | 20,000 | $294K | No change |
| PWB Invesco Large Cap Growth ETF | 0.14% | 2,250 | $264K | No change |
| JPM JPMorgan Chase & Co. | 0.13% | 830 | $241K | No change |
| GOOG Alphabet Inc. Class C | 0.12% | 1,285 | $228K | No change |
| VEA Vanguard Ftse Developed ETF | 0.12% | 3,899 | $222K | Reduce -1.9% |
| OMAB Grupo Aeroportuario Cen-ADR | 0.12% | 2,100 | $222K | New |
| SO The Southern Co. | 0.11% | 2,298 | $211K | No change |
| BL Blackline Inc. | 0.11% | 3,700 | $209K | New |
| PAC Grupo Aeroportuario Pac-ADR | 0.11% | 900 | $207K | New |
| SPSC SPS Commerce Inc. | 0.11% | 1,500 | $204K | New |
| LYFT LYFT Inc. Class A | 0.09% | 10,000 | $158K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| BURL Burlington Stores Inc. | Sold out | 0.00% | −1.51 |
| STLD Steel Dynamics Inc. | Sold out | 0.00% | −1.00 |
| EG Everest Group Ltd. | Reduce -42.1% | 0.68% | −0.69 |
| PGR Progressive Corp. | Reduce -3.1% | 3.42% | −0.69 |
| WSM Williams-Sonoma Inc. | Reduce -46.3% | 0.66% | −0.65 |
| HCA HCA Healthcare Inc. | Reduce -24.6% | 2.03% | −0.64 |
| INTA Intapp Inc. | Reduce -3.1% | 2.27% | −0.64 |
| BRK.A Berkshire Hathaway Inc. Class A | Sold out | 0.00% | −0.47 |
| TW Tradeweb Markets Inc. Class A | Reduce -3.0% | 2.87% | −0.43 |
| OKTA Okta Inc. | Reduce -1.9% | 2.21% | −0.39 |
| EOG EOG Resources Inc. | Reduce -2.2% | 1.88% | −0.38 |
| PCTY Paylocity Holding Corp. | Reduce -2.1% | 2.25% | −0.36 |
| KHC The Kraft Heinz Co. | Reduce -2.2% | 0.85% | −0.27 |
| ACI Albertsons Cos Inc. Class A | Reduce -2.4% | 1.27% | −0.19 |
| WDAY Workday Inc. Class A | Reduce -1.7% | 1.96% | −0.17 |
| MKTX Marketaxess Holdings Inc. | Reduce -1.5% | 2.03% | −0.16 |
| MSCI MSCI Inc. | Reduce -2.3% | 1.52% | −0.15 |
| SIGI Selective Insurance Group | Reduce -3.1% | 0.64% | −0.13 |
| FTNT Fortinet Inc. | Reduce -3.5% | 3.06% | −0.11 |
| VLO Valero Energy Corp. | Reduce -4.2% | 0.68% | −0.09 |
| BSV Vanguard Short-Term Bond ETF | Reduce -0.3% | 0.34% | −0.03 |
| ABNB Airbnb Inc. Class A | Reduce -2.3% | 2.18% | −0.03 |
| ISRG Intuitive Surgical Inc. | Reduce -2.1% | 1.26% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Reduce -7.8% | 0.26% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.9% | 0.12% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.3% | 0.19% | +0.00 |
| IWF iShares Russell 1000 Growth | Reduce -1.5% | 0.75% | +0.04 |
| LRN Stride Inc. | Reduce -1.3% | 1.57% | +0.05 |
| DELL Dell Technologies -C | Reduce -1.1% | 0.66% | +0.12 |
| MDB Mongodb Inc. | Reduce -1.2% | 2.11% | +0.15 |
| PANW Palo Alto Networks Inc. | Reduce -2.1% | 2.67% | +0.17 |
| DXCM Dexcom Inc. | Reduce -1.9% | 1.55% | +0.19 |
| NOW ServiceNow Inc. | Reduce -2.1% | 2.64% | +0.35 |
| NFLX Netflix Inc. | Reduce -3.9% | 2.60% | +0.53 |
Portfolio Buys Q1 2025 → Q2 2025
| VOO Vanguard S&P 500 ETF | Add +20.2% | 11.05% | +1.94 |
| ESTC Elastic NV | New | 1.26% | +1.26 |
| APPF Appfolio Inc. Class A | Add +60.9% | 2.28% | +0.80 |
| EFA iShares MSCI Eafe ETF | Add +23.8% | 4.21% | +0.80 |
| APH Amphenol Corp. Class A | Add +0.1% | 2.05% | +0.56 |
| XYZ Block Inc. | Add +14.8% | 1.73% | +0.41 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +28.1% | 2.11% | +0.35 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +151.7% | 0.66% | +0.34 |
| SHY iShares 1-3 Year Treasury Bo | Add +19.9% | 3.38% | +0.29 |
| MGM MGM Resorts International | Add +6.6% | 2.06% | +0.23 |
| SKWD Skyward Specialty Insurance | Add +6.8% | 2.19% | +0.13 |
| OMAB Grupo Aeroportuario Cen-ADR | New | 0.12% | +0.12 |
| BL Blackline Inc. | New | 0.11% | +0.11 |
| PAC Grupo Aeroportuario Pac-ADR | New | 0.11% | +0.11 |
| SPSC SPS Commerce Inc. | New | 0.11% | +0.11 |
| ASO Academy Sports & Outdoors Inc. | Add +14.9% | 1.26% | +0.03 |
| FND Floor & Decor Holdings Inc. Class A | Add +19.3% | 1.18% | +0.03 |
| AGG iShares Core U.S. Aggregate | Add +10.4% | 3.35% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.6% | 0.54% | +0.01 |
| WRB WR Berkley Corp. | Add +6.5% | 2.09% | +0.00 |
| SCHK Schwab 1000 Index ETF | Add +0.2% | 0.26% | +0.00 |
| VYM Vanguard High DVD Yield ETF | Add +4.9% | 0.50% | −0.01 |
| IWN iShares Russell 2000 Value E | Add +4.3% | 1.15% | −0.01 |
| AAPL Apple Inc. | Add +0.0% | 0.62% | −0.12 |
| WK Workiva Inc. | Add +14.2% | 2.02% | −0.13 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 88 | $197.7M | SNDK, VOO, EFA, SHY, AGG |
| Q1 2026 | 84 | $163.7M | VOO, SNDK, EFA, SHY, AGG |
| Q4 2025 | 86 | $181.3M | VOO, EFA, SHY, AGG, APH |
| Q3 2025 | 74 | $189.2M | VOO, EFA, SHY, TW, AGG |
| Q2 2025 | 73 | $184.6M | VOO, EFA, PGR, SHY, AGG |
| Q1 2025 | 71 | $168.1M | VOO, PGR, EFA, AGG, TW |
| Q4 2024 | 80 | $182.9M | VOO, PGR, INTA, FTNT, NOW |
| Q3 2024 | 80 | $181.0M | VOO, PGR, EFA, TW, SMAR |
| Q2 2024Amended | 79 | $165.0M | VOO, PGR, EFA, FTNT, PANW |