Element Capital Management LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Element Capital Management LLC reported 34 stock positions worth $255.1 million. Its top holding was T-Mobile US (TMUS) at 22.3% of the portfolio, followed by Wix.com (WIX, 11.7%) and Meta Platforms Class A (META, 9.0%). Compared with Q4 2025, it opened 27 new positions, sold out of 45, added to 2 and reduced 5. The biggest buy was a new position in T-Mobile US (TMUS) and the biggest sale an exit from Capital One Financial (COF).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001535630
Portfolio Value
$255.1M (Q1 2026)
SEC Filing
0000919574-26-002856 ↗ filed May 12, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $151.3M Q1 2024 Q2 2024: $1.3B Q2 2024 Q3 2024: $2.2B Q3 2024 Q4 2024: $10.1M Q4 2024 Q1 2025: $402.3M Q1 2025 Q2 2025: $40.9M Q2 2025 Q3 2025: $70.6M Q3 2025 Q4 2025: $193.2M Q4 2025 Q1 2026: $255.1M $255.1M Q1 2026 Q2 2026: $1.8B Q2 2026

Holdings 34 stocks · $255.1M
TMUS T-Mobile US Inc. 22.30% 270,840 $56.9M New
WIX Wix.com Ltd. 11.73% 332,351 $29.9M New
META Meta Platforms Inc. Class A 8.97% 40,000 $22.9M Add +927.2%
SOLS Solstice Adv Materials Inc. 4.93% 165,000 $12.6M Reduce -11.3%
GOOG Alphabet Inc. Class C 4.16% 37,000 $10.6M New
Q Qnity Electronics Inc. 4.07% 89,954 $10.4M Reduce -56.1%
MU Micron Technology Inc. 3.84% 29,000 $9.8M New
CME Cme Group Inc. 3.47% 30,000 $8.9M Reduce -11.0%
PINS Pinterest Inc. Class A 3.23% 450,000 $8.3M New
DD Dupont DE Nemours Inc. 2.87% 160,000 $7.3M Reduce -27.5%
NOC Northrop Grumman Corp. 2.41% 9,000 $6.1M New
LMT Lockheed Martin Corp. 2.37% 10,000 $6.0M New
LHX L3HARRIS Technologies Inc. 2.37% 17,500 $6.0M New
RTX RTX Corp. 2.27% 30,000 $5.8M New
NFLX Netflix Inc. 2.26% 60,000 $5.8M New
CORZ Core Scientific Inc. 2.05% 350,000 $5.2M Reduce -3.2%
AS Amer Sports Inc. 1.98% 153,791 $5.1M New
BTSG Brightspring Health Services 1.95% 116,757 $5.0M New
SARO Standardaero Inc. 1.87% 185,000 $4.8M New
FPS Forgent Power Solutions Class A 1.87% 162,761 $4.8M New
SNDK Sandisk Corp. 1.74% 7,000 $4.4M New
CRM Salesforce Inc. 1.28% 17,500 $3.3M New
IEAGU Infinite Eagle Acquisition C 1.19% 300,000 $3.0M New
FLOC Flowco Holdings Inc. Class A 0.94% 116,237 $2.4M New
MDA Mda Space Ltd. 0.72% 72,276 $1.8M New
LTM Latam Airlines Group SA-ADR 0.71% 36,449 $1.8M New
BKV BKV Corporation 0.56% 50,461 $1.4M New
JOBY AVIATION INC (JOBY 0.75 02/15/32) 0.50% 1,500,000 $1.3M New
MWH Solv Energy Inc. Class A 0.38% 32,561 $978K New
MDLN Medline Inc. Class A 0.35% 20,000 $890K New
AERO Grupo Aeromexico Sab DE CV 0.24% 43,933 $616K Add +20.9%
LBRT Liberty Energy Inc. 0.21% 18,326 $528K New
AGBK Agi Inc. Class A 0.17% 59,932 $436K New
CBUS Cibus Inc. 0.03% 40,000 $79K New

Options reported separately and not counted above: SPY puts ($487.8M), Q calls ($57.7M), META calls ($57.2M), NFLX calls ($45.0M), MU calls ($33.8M), LHX calls ($19.2M), CRM calls ($18.7M), NOC calls ($16.4M), RTX calls ($16.0M), SOLS calls ($11.4M), LMT calls ($10.9M), PINS calls ($8.3M), and 3 more.

Portfolio Sells Q4 2025 → Q1 2026
COF Capital One Financial Corp. Sold out 0.00% −10.90
KR Kroger Co. Sold out 0.00% −6.50
HCA HCA Healthcare Inc. Sold out 0.00% −4.69
Q Qnity Electronics Inc. Reduce -56.1% 4.07% −4.60
MRP Millrose Properties Sold out 0.00% −4.39
ITT Itt Inc. Sold out 0.00% −4.36
WBD Warner Bros Discovery Inc. Sold out 0.00% −3.73
LEN Lennar Corp. Class A Sold out 0.00% −3.33
AVGO Broadcom Inc. Sold out 0.00% −3.19
NVDA Nvidia Corp. Sold out 0.00% −1.98
DD Dupont DE Nemours Inc. Reduce -27.5% 2.87% −1.72
PANW Palo Alto Networks Inc. Sold out 0.00% −1.60
GOOGL Alphabet Inc. Class A Sold out 0.00% −1.60
MRK Merck & Co. Inc. Sold out 0.00% −1.33
JNJ Johnson & Johnson Sold out 0.00% −1.33
ALH Alliance Laundry Holdings Inc. Sold out 0.00% −1.32
CME Cme Group Inc. Reduce -11.0% 3.47% −1.29
APH Amphenol Corp. Class A Sold out 0.00% −1.28
LGN Legence Corp. Class A Sold out 0.00% −1.26
CG The Carlyle Group Inc. Sold out 0.00% −1.05
AAPL Apple Inc. Sold out 0.00% −1.04
SCCO Southern Copper Corp. Sold out 0.00% −1.04
AXP American Express Co. Sold out 0.00% −0.99
GRMN Garmin Ltd. Sold out 0.00% −0.98
ALM Almonty Industries Inc. Sold out 0.00% −0.96
LMRI Lumexa Imaging Holdings Inc. Sold out 0.00% −0.84
MNST Monster Beverage Corp. Sold out 0.00% −0.80
AMAT Applied Materials Inc. Sold out 0.00% −0.77
LRCX Lam Research Corp. Sold out 0.00% −0.71
CAI Caris Life Sciences Inc. Sold out 0.00% −0.70
CORZ Core Scientific Inc. Reduce -3.2% 2.05% −0.67
ANET Arista Networks Inc. Sold out 0.00% −0.67
KLAC KLA Corp. Sold out 0.00% −0.66
IBKR Interactive Brokers Gro Class A Sold out 0.00% −0.66
WLTH Wealthfront Corp. Sold out 0.00% −0.66
ROL Rollins Inc. Sold out 0.00% −0.66
QCOM Qualcomm Inc. Sold out 0.00% −0.66
MIAX Miami International Holdings Sold out 0.00% −0.64
NTAP Netapp Inc. Sold out 0.00% −0.61
ICE Intercontinental Exchange Inc. Sold out 0.00% −0.59
TDG Transdigm Group Inc. Sold out 0.00% −0.58
CTRA Coterra Energy Inc. Sold out 0.00% −0.53
VEEV Veeva Systems Inc. Class A Sold out 0.00% −0.53
APA Apa Corp. Sold out 0.00% −0.52
MO Altria Group Inc. Sold out 0.00% −0.52
NBIX Neurocrine Biosciences Inc. Sold out 0.00% −0.52
NOW ServiceNow Inc. Sold out 0.00% −0.51
ACGL Arch Capital Group Ltd. Sold out 0.00% −0.38
STC Stewart Information Services Sold out 0.00% −0.25
SOLS Solstice Adv Materials Inc. Reduce -11.3% 4.93% +0.25

Portfolio Buys Q4 2025 → Q1 2026
TMUS T-Mobile US Inc. New 22.30% +22.30
WIX Wix.com Ltd. New 11.73% +11.73
META Meta Platforms Inc. Class A Add +927.2% 8.97% +7.64
GOOG Alphabet Inc. Class C New 4.16% +4.16
MU Micron Technology Inc. New 3.84% +3.84
PINS Pinterest Inc. Class A New 3.23% +3.23
NOC Northrop Grumman Corp. New 2.41% +2.41
LMT Lockheed Martin Corp. New 2.37% +2.37
LHX L3HARRIS Technologies Inc. New 2.37% +2.37
RTX RTX Corp. New 2.27% +2.27
NFLX Netflix Inc. New 2.26% +2.26
AS Amer Sports Inc. New 1.98% +1.98
BTSG Brightspring Health Services New 1.95% +1.95
SARO Standardaero Inc. New 1.87% +1.87
FPS Forgent Power Solutions Class A New 1.87% +1.87
SNDK Sandisk Corp. New 1.74% +1.74
CRM Salesforce Inc. New 1.28% +1.28
IEAGU Infinite Eagle Acquisition C New 1.19% +1.19
FLOC Flowco Holdings Inc. Class A New 0.94% +0.94
MDA Mda Space Ltd. New 0.72% +0.72
LTM Latam Airlines Group SA-ADR New 0.71% +0.71
BKV BKV Corporation New 0.56% +0.56
JOBY AVIATION INC (JOBY 0.75 02/15/32) New 0.50% +0.50
MWH Solv Energy Inc. Class A New 0.38% +0.38
MDLN Medline Inc. Class A New 0.35% +0.35
LBRT Liberty Energy Inc. New 0.21% +0.21
AGBK Agi Inc. Class A New 0.17% +0.17
CBUS Cibus Inc. New 0.03% +0.03
AERO Grupo Aeromexico Sab DE CV Add +20.9% 0.24% −0.17

Options Activity Q4 2025 → Q1 2026
SPY SS SPDR S&P 500 ETF Trust-US put New 750,000 $487.8M
Q Qnity Electronics Inc. call Add +892.1% 500,000 $57.7M
META Meta Platforms Inc. Class A call New 100,000 $57.2M
NFLX Netflix Inc. call New 467,500 $45.0M
MU Micron Technology Inc. call New 100,000 $33.8M
LHX L3HARRIS Technologies Inc. call New 55,500 $19.2M
CRM Salesforce Inc. call New 100,000 $18.7M
NOC Northrop Grumman Corp. call New 24,000 $16.4M
RTX RTX Corp. call New 83,000 $16.0M
SOLS Solstice Adv Materials Inc. call New 150,000 $11.4M
LMT Lockheed Martin Corp. call New 18,000 $10.9M
PINS Pinterest Inc. Class A call New 450,000 $8.3M
OMC Omnicom Group call New 100,000 $7.5M
DD Dupont DE Nemours Inc. call Sold out 150,000 $6.0Mbefore exit
WBD Warner Bros Discovery Inc. call Sold out 200,000 $5.8Mbefore exit
BTDR Bitdeer Technologies Group-A call New 500,000 $4.3M
CORZ Core Scientific Inc. call New 250,000 $3.7M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 52$1.8BIVV, VOO, SPCX, DLR, SPY
Q1 2026 34$255.1MTMUS, WIX, META, SOLS, GOOG
Q4 2025 52$193.2MCOF, Q, KR, CME, HCA
Q3 2025 47$70.6MCME, COF, SNPS, UNP, XHB
Q2 2025 3$40.9MBRO, CME, XHB
Q1 2025 146$402.3MCME, XHB, IGV, AWK, MO
Q4 2024 4$10.1MCME, ORA, OIH, AS
Q3 2024 25$2.2BIVV, VOO, NVDA, META, BRK.B
Q2 2024 64$1.3BIVV, SPY, MSFT, AMZN, SBOW
Q1 2024 56$151.3MMTDR, KTOS, GRAB, CME, DAL