Alua Capital Management LP In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Alua Capital Management LP reported 22 stock positions worth $2.0 billion . Its top holding was Api (APG) at 10.8% of the portfolio, followed by Icici Bank Ltd.-Spon ADR (IBN, 8.5% ) and Allstate (ALL, 7.9% ). Compared with Q4 2023, it opened 3 new positions, sold out of 1, added to 6 and reduced 9. The biggest buy was a new position in Vertiv Class A (VRT) and the biggest sale First Citizens Bcshs Class A (FCNCA, shares −38% ).
Location NEW YORK, NY
CIK 0001827442
Portfolio Value $2.0B (Q1 2024) Holdings 22 stocks · $2.0B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 APG Api Group Corp. 5,357,515 $210.4M No change IBN Icici Bank Ltd.-Spon ADR 6,297,871 $166.3M Add +10.9% ALL Allstate Corp. 885,243 $153.2M Add +6.0% FCNCA First Citizens Bcshs Class A 91,721 $150.0M Reduce -38.0% META Meta Platforms Inc. Class A 306,100 $148.6M Reduce -14.0% CRM Salesforce Inc. 430,855 $129.8M Add +33.8% VVV Valvoline Inc. 2,879,993 $128.4M Reduce -8.6% SN Sharkninja Inc. 1,883,843 $117.3M Add +139.0% VRT Vertiv Holdings Co. Class A 1,341,312 $109.5M New BBWI Bath & Body Works Inc. 1,575,050 $78.8M Reduce -0.3% GIL Gildan Activewear Inc. 1,830,916 $68.0M New SLB SLB Ltd. filed as SCHLUMBERGER LTD 1,123,940 $61.6M Reduce -30.8% NE Noble Corp. PLC 1,244,274 $60.3M No change GOOGL Alphabet Inc. Class A 354,098 $53.4M Reduce -29.9% UBER Uber Technologies Inc. 692,400 $53.3M New FTI Technipfmc PLC 2,008,093 $50.4M Add +14.7% CSX CSX Corp. 1,256,300 $46.6M No change TV Grupo Televisa SA-Spon ADR 14,156,817 $45.3M Add +14.3% ALLY Ally Financial Inc. 861,230 $35.0M Reduce -0.3% CPAY Corpay Inc. 103,959 $32.1M Reduce -3.2% IT Gartner Inc. 58,832 $28.0M No change WFRD Weatherford International PL 209,516 $24.2M Reduce -45.4%
Options reported separately and not counted above: QQQ puts ($492.9M).
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ FCNCA First Citizens Bcshs Class A Reduce -38.0% 7.69% −5.78 SLB SLB Ltd. Reduce -30.8% 3.16% −2.26 GOOGL Alphabet Inc. Class A Reduce -29.9% 2.74% −1.79 WFRD Weatherford International PL Reduce -45.4% 1.24% −1.17 VVV Valvoline Inc. Reduce -8.6% 6.58% −1.01 HLF Herbalife Ltd. Sold out 0.00% −0.91 META Meta Platforms Inc. Class A Reduce -14.0% 7.62% −0.46 BBWI Bath & Body Works Inc. Reduce -0.3% 4.04% −0.33 CPAY Corpay Inc. Reduce -3.2% 1.64% −0.30 ALLY Ally Financial Inc. Reduce -0.3% 1.79% −0.14
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ VRT Vertiv Holdings Co. Class A New 5.62% +5.62 GIL Gildan Activewear Inc. New 3.49% +3.49 SN Sharkninja Inc. Add +139.0% 6.02% +3.43 UBER Uber Technologies Inc. New 2.73% +2.73 CRM Salesforce Inc. Add +33.8% 6.65% +1.22 ALL Allstate Corp. Add +6.0% 7.85% +0.35 FTI Technipfmc PLC Add +14.7% 2.59% +0.32 IBN Icici Bank Ltd.-Spon ADR Add +10.9% 8.53% −0.15 TV Grupo Televisa SA-Spon ADR Add +14.3% 2.32% −0.33
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ QQQ Invesco QQQ Trust Series 1 put Add +177.5% 1,110,000 $492.9M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 1 $102.7M VVV Q1 2026 14 $915.1M AMZN, VVV, AZO, IBN, COF Q4 2025 17 $1.3B COF, AMZN, SN, IBN, VVV Q3 2025 21 $1.4B COF, SN, VVV, IBN, AMZN Q2 2025 18 $1.5B ALL, VVV, IBN, COF, SN Q1 2025 16 $1.2B ALL, VVV, IBN, SN, TS Q4 2024 18 $1.6B FCNCA, ALL, IBN, VVV, VRT Q3 2024 15 $1.5B ALL, IBN, FCNCA, APG, VVV Q2 2024 25 $1.9B APG, IBN, FCNCA, META, ALL Q1 2024 22 $2.0B APG, IBN, ALL, FCNCA, META