Alamar Capital Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed May 20, 2026), Alamar Capital Management, LLC reported 86 stock positions worth $181.3 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 13.1% of the portfolio, followed by iShares MSCI Eafe ETF (EFA, 5.4%) and iShares 1-3 Year Treasury Bo (SHY, 4.4%). Compared with Q3 2025, it opened 16 new positions, sold out of 4, added to 16 and reduced 33. The biggest buy was a new position in Sandisk (SNDK) and the biggest sale Tradeweb Markets Class A (TW, shares −8%).

Most Recent 13F
Q2 2026
Location
SANTA BARBARA, CA
CIK
0001846995
Portfolio Value
$181.3M (Q4 2025)
SEC Filing
0001846995-26-000002 ↗ filed May 20, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q2 2024: $165.0M Q2 2024 Q3 2024: $181.0M Q3 2024 Q4 2024: $182.9M Q4 2024 Q1 2025: $168.1M Q1 2025 Q2 2025: $184.6M Q2 2025 Q3 2025: $189.2M Q3 2025 Q4 2025: $181.3M $181.3M Q4 2025 Q1 2026: $163.7M Q1 2026 Q2 2026: $197.7M Q2 2026

Holdings 86 stocks · $181.3M
VOO Vanguard S&P 500 ETF 13.06% 37,743 $23.7M Add +3.8%
EFA iShares MSCI Eafe ETF 5.37% 101,347 $9.7M Add +10.4%
SHY iShares 1-3 Year Treasury Bo 4.43% 96,922 $8.0M Add +8.6%
AGG iShares Core U.S. Aggregate 4.10% 74,485 $7.4M Add +10.7%
APH Amphenol Corp. Class A 2.62% 35,035 $4.7M Reduce -8.3%
MDB Mongodb Inc. 2.50% 10,808 $4.5M Reduce -7.0%
INTA Intapp Inc. 2.41% 95,505 $4.4M Add +3.4%
SNDK Sandisk Corp. 2.33% 17,770 $4.2M New
HCA HCA Healthcare Inc. 2.31% 8,970 $4.2M Reduce -7.8%
VTV Vanguard Mrngstr Val ETF-Aui 2.27% 21,563 $4.1M Reduce -9.4%
APPF Appfolio Inc. Class A 2.19% 17,065 $4.0M Reduce -6.2%
PGR Progressive Corp. 2.09% 16,642 $3.8M Reduce -29.0%
PCTY Paylocity Holding Corp. 2.06% 24,458 $3.7M Add +7.3%
ABNB Airbnb Inc. Class A 2.05% 27,415 $3.7M Reduce -9.4%
WDAY Workday Inc. Class A 1.98% 16,690 $3.6M Reduce -5.9%
TW Tradeweb Markets Inc. Class A 1.95% 32,918 $3.5M Reduce -8.3%
PANW Palo Alto Networks Inc. 1.92% 18,867 $3.5M Reduce -6.2%
ESTC Elastic NV 1.90% 45,580 $3.4M Add +6.1%
NOW ServiceNow Inc. 1.88% 22,235 $3.4M Reduce -6.1%
OKTA Okta Inc. 1.82% 38,230 $3.3M Reduce -6.4%
WK Workiva Inc. 1.77% 37,220 $3.2M Reduce -31.3%
NFLX Netflix Inc. 1.74% 33,560 $3.1M Reduce -6.4%
HOOD Robinhood Markets Inc. Class A 1.66% 26,610 $3.0M Add +22.4%
SPOT Spotify Technology SA 1.65% 5,144 $3.0M Reduce -4.3%
MKTX Marketaxess Holdings Inc. 1.56% 15,612 $2.8M Reduce -7.3%
IWN iShares Russell 2000 Value E 1.51% 15,069 $2.7M Add +1.0%
MSCI MSCI Inc. 1.39% 4,395 $2.5M Reduce -9.8%
FTNT Fortinet Inc. 1.33% 30,405 $2.4M Reduce -42.6%
ASO Academy Sports & Outdoors Inc. 1.31% 47,381 $2.4M Reduce -8.2%
IWF iShares Russell 1000 Growth 1.31% 5,010 $2.4M Add +48.9%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 1.26% 32,636 $2.3M Reduce -5.7%
SKWD Skyward Specialty Insurance 1.25% 44,495 $2.3M Reduce -4.3%
ISRG Intuitive Surgical Inc. 1.22% 3,905 $2.2M Reduce -8.2%
TEL Te Connectivity PLC 1.13% 8,998 $2.0M New
XYZ Block Inc. 1.07% 29,815 $1.9M Reduce -35.9%
ORCL Oracle Corp. 0.96% 8,945 $1.7M Reduce -5.1%
IWD iShares Russell 1000 Value E 0.93% 8,029 $1.7M Reduce -0.9%
AAPL Apple Inc. 0.84% 5,570 $1.5M Add +0.0%
KHC The Kraft Heinz Co. 0.79% 58,688 $1.4M Reduce -3.1%
MGM MGM Resorts International 0.73% 36,175 $1.3M Reduce -67.1%
SPYM Ste STR SPDR PT S&P 500 ETF 0.72% 16,338 $1.3M New
LRN Stride Inc. 0.69% 19,305 $1.3M Reduce -3.0%
BRK.B Berkshire Hathaway Inc. Class B 0.69% 2,489 $1.3M No change
WSM Williams-Sonoma Inc. 0.67% 6,788 $1.2M Reduce -7.8%
DELL Dell Technologies -C 0.64% 9,169 $1.2M Reduce -8.1%
AMZN Amazon.com Inc. 0.61% 4,760 $1.1M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.59% 1,573 $1.1M Reduce -3.1%
DXCM Dexcom Inc. 0.54% 14,728 $977K Reduce -4.0%
VYM Vanguard High DVD Yield ETF 0.52% 6,585 $945K Reduce -0.8%
MSFT Microsoft Corp. 0.43% 1,596 $772K Add +0.1%
GOOGL Alphabet Inc. Class A 0.42% 2,441 $764K No change
AMD Advanced Micro Devices 0.40% 3,400 $728K No change
BSV Vanguard Short-Term Bond ETF 0.35% 7,975 $629K No change
BIV Vanguard Intermediate-Term B 0.33% 7,757 $604K No change
AVGO Broadcom Inc. 0.32% 1,680 $581K No change
CAT Caterpillar Inc. 0.32% 1,000 $573K New
VWO Vanguard Ftse Emerging Marke 0.30% 10,196 $548K Add +3.4%
META Meta Platforms Inc. Class A 0.29% 800 $528K No change
SCHK Schwab 1000 Index ETF 0.29% 16,061 $527K Add +0.2%
PEP Pepsico Inc. 0.28% 3,463 $502K New
GOOG Alphabet Inc. Class C 0.22% 1,285 $403K No change
DE Deere & Co. 0.22% 840 $392K New
NVDA Nvidia Corp. 0.21% 2,017 $376K No change
VTI VG Morningstar TS MKT ETF-US 0.21% 1,120 $376K No change
IEFA iShares Core MSCI Eafe ETF 0.20% 4,142 $371K No change
KO The Coca-Cola Co. 0.19% 5,004 $350K New
TDTT NT Iboxx 3Y Dur Tips ETF 0.18% 13,752 $331K New
CVS CVS Health Corp. 0.17% 3,784 $300K New
PWB Invesco Large Cap Growth ETF 0.16% 2,250 $286K No change
IBTH iShares Ibonds Dec 2027 Term 0.16% 12,700 $285K New
IBTI iShares Ibonds Dec 2028 Term 0.16% 12,700 $284K New
IBTJ iShares Ibonds Dec 2029 Term 0.15% 12,700 $279K New
JPM JPMorgan Chase & Co. 0.15% 830 $267K No change
OBDC Blue Owl Capital Corp. 0.14% 20,000 $256K No change
TDTF NT Iboxx 5Y Dur Tips ETF 0.14% 10,544 $253K New
VEA Vanguard Ftse Developed ETF 0.13% 3,849 $240K No change
PAC Grupo Aeroportuario Pac-ADR 0.13% 900 $237K No change
SPSC SPS Commerce Inc. 0.13% 2,600 $232K Add +30.0%
OMAB Grupo Aeroportuario Cen-ADR 0.13% 2,100 $228K No change
ASR Grupo Aeroportuario Sur-ADR 0.12% 700 $226K No change
SHOP Shopify Inc. Class A 0.12% 1,300 $209K New
FSK FS KKR Capital Corp. 0.11% 14,000 $207K No change
BL Blackline Inc. 0.11% 3,700 $205K New
RNG Ringcentral Inc. Class A 0.11% 7,000 $202K New
TASK Taskus Inc. Class A 0.11% 17,000 $200K Add +54.5%
SO The Southern Co. 0.11% 2,298 $200K No change

Portfolio Sells Q3 2025 → Q4 2025
TW Tradeweb Markets Inc. Class A Reduce -8.3% 1.95% −1.70
MGM MGM Resorts International Reduce -67.1% 0.73% −1.29
EOG EOG Resources Inc. Sold out 0.00% −1.18
FTNT Fortinet Inc. Reduce -42.6% 1.33% −1.02
PGR Progressive Corp. Reduce -29.0% 2.09% −0.97
LRN Stride Inc. Reduce -3.0% 0.69% −0.87
XYZ Block Inc. Reduce -35.9% 1.07% −0.71
WK Workiva Inc. Reduce -31.3% 1.77% −0.70
FND Floor & Decor Holdings Inc. Class A Sold out 0.00% −0.56
NFLX Netflix Inc. Reduce -6.4% 1.74% −0.54
APPF Appfolio Inc. Class A Reduce -6.2% 2.19% −0.46
ORCL Oracle Corp. Reduce -5.1% 0.96% −0.44
NOW ServiceNow Inc. Reduce -6.1% 1.88% −0.42
SPOT Spotify Technology SA Reduce -4.3% 1.65% −0.34
WDAY Workday Inc. Class A Reduce -5.9% 1.98% −0.28
PANW Palo Alto Networks Inc. Reduce -6.2% 1.92% −0.25
OKTA Okta Inc. Reduce -6.4% 1.82% −0.16
WRB WR Berkley Corp. Reduce -5.7% 1.26% −0.14
BMNR Bitmine Immersion Technologi Sold out 0.00% −0.14
LYFT LYFT Inc. Class A Sold out 0.00% −0.12
DELL Dell Technologies -C Reduce -8.1% 0.64% −0.11
WSM Williams-Sonoma Inc. Reduce -7.8% 0.67% −0.09
VTV Vanguard Mrngstr Val ETF-Aui Reduce -9.4% 2.27% −0.09
MSCI MSCI Inc. Reduce -9.8% 1.39% −0.07
ASO Academy Sports & Outdoors Inc. Reduce -8.2% 1.31% −0.06
KHC The Kraft Heinz Co. Reduce -3.1% 0.79% −0.05
DXCM Dexcom Inc. Reduce -4.0% 0.54% −0.01
MKTX Marketaxess Holdings Inc. Reduce -7.3% 1.56% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.1% 0.59% +0.02
VYM Vanguard High DVD Yield ETF Reduce -0.8% 0.52% +0.03
IWD iShares Russell 1000 Value E Reduce -0.9% 0.93% +0.06
SKWD Skyward Specialty Insurance Reduce -4.3% 1.25% +0.09
ABNB Airbnb Inc. Class A Reduce -9.4% 2.05% +0.11
APH Amphenol Corp. Class A Reduce -8.3% 2.62% +0.11
HCA HCA Healthcare Inc. Reduce -7.8% 2.31% +0.12
ISRG Intuitive Surgical Inc. Reduce -8.2% 1.22% +0.21
MDB Mongodb Inc. Reduce -7.0% 2.50% +0.60

Portfolio Buys Q3 2025 → Q4 2025
SNDK Sandisk Corp. New 2.33% +2.33
VOO Vanguard S&P 500 ETF Add +3.8% 13.06% +1.25
TEL Te Connectivity PLC New 1.13% +1.13
EFA iShares MSCI Eafe ETF Add +10.4% 5.37% +0.84
SPYM Ste STR SPDR PT S&P 500 ETF New 0.72% +0.72
AGG iShares Core U.S. Aggregate Add +10.7% 4.10% +0.54
SHY iShares 1-3 Year Treasury Bo Add +8.6% 4.43% +0.52
IWF iShares Russell 1000 Growth Add +48.9% 1.31% +0.48
INTA Intapp Inc. Add +3.4% 2.41% +0.42
CAT Caterpillar Inc. New 0.32% +0.32
PEP Pepsico Inc. New 0.28% +0.28
DE Deere & Co. New 0.22% +0.22
KO The Coca-Cola Co. New 0.19% +0.19
TDTT NT Iboxx 3Y Dur Tips ETF New 0.18% +0.18
CVS CVS Health Corp. New 0.17% +0.17
IBTH iShares Ibonds Dec 2027 Term New 0.16% +0.16
IBTI iShares Ibonds Dec 2028 Term New 0.16% +0.16
IBTJ iShares Ibonds Dec 2029 Term New 0.15% +0.15
TDTF NT Iboxx 5Y Dur Tips ETF New 0.14% +0.14
PCTY Paylocity Holding Corp. Add +7.3% 2.06% +0.14
SHOP Shopify Inc. Class A New 0.12% +0.12
BL Blackline Inc. New 0.11% +0.11
RNG Ringcentral Inc. Class A New 0.11% +0.11
IWN iShares Russell 2000 Value E Add +1.0% 1.51% +0.11
AAPL Apple Inc. Add +0.0% 0.84% +0.09
VWO Vanguard Ftse Emerging Marke Add +3.4% 0.30% +0.02
SCHK Schwab 1000 Index ETF Add +0.2% 0.29% +0.02
SPSC SPS Commerce Inc. Add +30.0% 0.13% +0.02
HOOD Robinhood Markets Inc. Class A Add +22.4% 1.66% +0.02
TASK Taskus Inc. Class A Add +54.5% 0.11% +0.01
MSFT Microsoft Corp. Add +0.1% 0.43% −0.01
ESTC Elastic NV Add +6.1% 1.90% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 88$197.7MSNDK, VOO, EFA, SHY, AGG
Q1 2026 84$163.7MVOO, SNDK, EFA, SHY, AGG
Q4 2025 86$181.3MVOO, EFA, SHY, AGG, APH
Q3 2025 74$189.2MVOO, EFA, SHY, TW, AGG
Q2 2025 73$184.6MVOO, EFA, PGR, SHY, AGG
Q1 2025 71$168.1MVOO, PGR, EFA, AGG, TW
Q4 2024 80$182.9MVOO, PGR, INTA, FTNT, NOW
Q3 2024 80$181.0MVOO, PGR, EFA, TW, SMAR
Q2 2024Amended 79$165.0MVOO, PGR, EFA, FTNT, PANW