EMC Capital Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), EMC Capital Management reported 302 stock positions worth $185.4 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 26.1% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 17.5%) and Amazon.com (AMZN, 10.2%). Compared with Q1 2025, it opened 83 new positions, sold out of 68, added to 31 and reduced 154. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +44%) and the biggest sale an exit from Sprouts Farmers Market (SFM).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001847772
- Portfolio Value
- $185.4M (Q2 2025)
- SEC Filing
- 0001847772-25-000004 ↗ filed Aug 11, 2025
Holdings Value
Holdings 302 stocks · $185.4M
| VOO Vanguard S&P 500 ETF | 26.11% | 85,218 | $48.4M | Add +26.1% |
| QQQ Invesco QQQ Trust Series 1 | 17.49% | 58,774 | $32.4M | Add +44.2% |
| AMZN Amazon.com Inc. | 10.20% | 86,235 | $18.9M | No change |
| GOOG Alphabet Inc. Class C | 10.07% | 105,250 | $18.7M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 7.76% | 32,830 | $14.4M | Add +232.3% |
| NVDA Nvidia Corp. | 1.62% | 19,000 | $3.0M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.98% | 2,935 | $1.8M | No change |
| PLTR Palantir Technologies Inc. Class A | 0.84% | 11,362 | $1.5M | Add +1.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.82% | 3,000 | $1.5M | Reduce -14.3% |
| MDB Mongodb Inc. | 0.61% | 5,420 | $1.1M | Add +25.5% |
| ARKW ARK Next Generation Technolo | 0.39% | 4,935 | $729K | No change |
| SNOW Snowflake Inc. | 0.37% | 3,060 | $685K | No change |
| COOP Mr Cooper Group Inc. | 0.34% | 4,275 | $638K | Reduce -28.9% |
| UPST Upstart Holdings Inc. | 0.30% | 8,600 | $556K | Add +68.6% |
| MU Micron Technology Inc. | 0.30% | 4,500 | $555K | Add +50.0% |
| AVGO Broadcom Inc. | 0.30% | 2,000 | $551K | New |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.28% | 7,151 | $515K | Add +26.5% |
| ARM Arm Holdings PLC-ADR | 0.27% | 3,100 | $501K | Add +10.7% |
| CNO Cno Financial Group Inc. | 0.26% | 12,668 | $489K | Reduce -57.2% |
| UGI Ugi Corp. | 0.26% | 13,069 | $476K | Add +37.7% |
| EXEL Exelixis Inc. | 0.25% | 10,628 | $468K | Add +6.7% |
| MSFT Microsoft Corp. | 0.24% | 909 | $452K | Reduce -61.5% |
| MTG Mgic Investment Corp. | 0.24% | 15,721 | $438K | Reduce -52.5% |
| ORCL Oracle Corp. | 0.24% | 2,000 | $437K | Add +100.0% |
| R Ryder System Inc. | 0.23% | 2,632 | $418K | Reduce -49.9% |
| SANM Sanmina Corp. | 0.21% | 3,917 | $383K | Reduce -58.4% |
| ASB Associated Banc-Corp. | 0.20% | 15,102 | $368K | Reduce -45.8% |
| JAZZ Jazz Pharmaceuticals PLC | 0.19% | 3,237 | $344K | New |
| NFG National Fuel Gas Co. | 0.18% | 3,910 | $331K | Reduce -60.7% |
| INGR Ingredion Inc. | 0.18% | 2,434 | $330K | Reduce -53.5% |
| SHOP Shopify Inc. Class A | 0.18% | 2,825 | $326K | No change |
| CRUS Cirrus Logic Inc. | 0.17% | 3,061 | $319K | Reduce -17.0% |
| TSLA Tesla Inc. | 0.17% | 1,000 | $318K | No change |
| BPOP Popular Inc. | 0.17% | 2,856 | $315K | Reduce -48.3% |
| VRNA Verona Pharma Ltd. | 0.17% | 3,270 | $309K | Add +0.6% |
| AXS Axis Capital Holdings Ltd. | 0.15% | 2,679 | $278K | Reduce -58.0% |
| NTB Bank of N.T. Butterfield&son | 0.15% | 6,267 | $278K | Add +10.2% |
| RDN Radian Group Inc. | 0.15% | 7,684 | $277K | Reduce -58.2% |
| BLX Bladex Inc. filed as Banco Latinoamericano de Comercio Exterior SA | 0.15% | 6,773 | $273K | New |
| HWC Hancock Whitney Corp. | 0.15% | 4,746 | $272K | Reduce -21.1% |
| COLB Columbia Banking System Inc. | 0.15% | 11,553 | $270K | New |
| EPR Epr Properties filed as EPR PPTYS | 0.14% | 4,563 | $266K | Reduce -48.1% |
| ZION Zions Bancorp NA | 0.14% | 5,107 | $265K | Reduce -50.2% |
| FHN First Horizon Corp. | 0.14% | 12,471 | $264K | Add +1.0% |
| OSK Oshkosh Corp. | 0.14% | 2,329 | $264K | Add +1.7% |
| OFG Ofg Bancorp | 0.14% | 6,154 | $263K | Reduce -66.2% |
| NXST Nexstar Media Group Inc. | 0.14% | 1,516 | $262K | Reduce -51.4% |
| OZK Bank Ozk | 0.14% | 5,555 | $261K | Reduce -26.3% |
| AAPL Apple Inc. | 0.14% | 1,269 | $260K | Reduce -15.0% |
| GTES Gates Industrial Corp. UK Ltd. | 0.14% | 11,131 | $256K | Reduce -2.9% |
| MTDR Matador Resources Co. | 0.14% | 5,347 | $255K | Reduce -24.1% |
| MRNA Moderna Inc. | 0.13% | 9,000 | $248K | Add +50.0% |
| AVT Avnet Inc. | 0.13% | 4,637 | $246K | Reduce -49.3% |
| JXN Jackson Financial Inc. Class A | 0.13% | 2,699 | $240K | New |
| CNX CNX Resources Corp. | 0.13% | 7,079 | $238K | New |
| FBP First Bancorp Puerto Rico | 0.13% | 11,403 | $238K | Reduce -50.2% |
| KBH KB Home | 0.13% | 4,474 | $237K | Reduce -8.3% |
| HAFC Hanmi Financial Corporation | 0.13% | 9,547 | $236K | Reduce -18.9% |
| CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC | 0.13% | 1,850 | $235K | New |
| TPH Tri Pointe Homes Inc. | 0.13% | 7,351 | $235K | Reduce -45.0% |
| WKC World Kinect Corp. | 0.13% | 8,282 | $235K | Add +0.1% |
| EIG Employers Holdings Inc. | 0.13% | 4,950 | $234K | New |
| DINO HF Sinclair Corp. | 0.12% | 5,555 | $228K | Reduce -51.4% |
| AGCO Agco Corp. | 0.12% | 2,203 | $227K | Reduce -41.7% |
| MAT Mattel Inc. | 0.12% | 11,430 | $225K | New |
| META Meta Platforms Inc. Class A | 0.12% | 304 | $224K | No change |
| ABM Abm Industries Inc. | 0.12% | 4,732 | $223K | New |
| AMKR Amkor Technology Inc. | 0.12% | 10,342 | $217K | Reduce -50.4% |
| HALO Halozyme Therapeutics Inc. | 0.12% | 4,155 | $216K | New |
| ATKR Atkore Inc. | 0.12% | 3,033 | $214K | Reduce -44.8% |
| AMG Affiliated Managers Group | 0.11% | 1,061 | $209K | Reduce -10.8% |
| SPTN Spartannash Co. | 0.11% | 7,908 | $209K | Add +41.1% |
| CSGS CSG Systems Intl Inc. | 0.11% | 3,189 | $208K | Reduce -33.7% |
| CSV Carriage Services Inc. | 0.11% | 4,552 | $208K | Reduce -26.9% |
| PRDO Perdoceo Education Corp. | 0.11% | 6,365 | $208K | New |
| PRIM Primoris Services Corp. | 0.11% | 2,652 | $207K | Reduce -62.5% |
| CUZ Cousins Properties Inc. | 0.11% | 6,861 | $206K | New |
| SBRA Sabra Health Care REIT Inc. | 0.11% | 10,995 | $203K | Reduce -54.1% |
| HRMY Harmony Biosciences Holdings | 0.11% | 6,174 | $195K | New |
| GPOR Gulfport Energy Corp. | 0.10% | 966 | $194K | Reduce -58.2% |
| ALAB Astera Labs Inc. | 0.10% | 2,100 | $190K | Reduce -40.0% |
| SNX TD Synnex Corp. | 0.10% | 1,401 | $190K | Reduce -16.7% |
| UBER Uber Technologies Inc. | 0.10% | 2,040 | $190K | No change |
| ABBV Abbvie Inc. | 0.10% | 1,020 | $189K | No change |
| UTHR United Therapeutics Corp. | 0.10% | 653 | $188K | Reduce -58.6% |
| GIII G-III Apparel Group Ltd. | 0.10% | 8,363 | $187K | Reduce -30.1% |
| HIW Highwoods Properties Inc. | 0.10% | 6,025 | $187K | New |
| GBDC Golub Capital BDC Inc. | 0.10% | 12,729 | $186K | Reduce -25.6% |
| SKYW Skywest Inc. | 0.10% | 1,809 | $186K | New |
| SLVM Sylvamo Corp. | 0.10% | 3,679 | $184K | New |
| CPF Central Pacific Financial Co. | 0.10% | 6,480 | $182K | Reduce -43.9% |
| PLAB Photronics Inc. | 0.10% | 9,645 | $182K | Reduce -12.9% |
| GPI Group 1 Automotive Inc. | 0.10% | 415 | $181K | Reduce -73.3% |
| GSBC Great Southern Bancorp Inc. | 0.10% | 3,064 | $180K | Reduce -31.7% |
| PSMT Pricesmart Inc. | 0.10% | 1,686 | $177K | New |
| SNV Synovus Financial Corp. | 0.10% | 3,427 | $177K | Reduce -64.4% |
| OCFC Oceanfirst Financial Corp. | 0.09% | 9,952 | $175K | Add +8.7% |
| OUT Outfront Media Inc. | 0.09% | 10,662 | $174K | New |
| MLI Mueller Industries Inc. | 0.09% | 2,176 | $173K | Reduce -77.0% |
| OGN Organon & Co. | 0.09% | 17,843 | $173K | Add +29.0% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| VSSYW Versus Systems -CW26 | *W EXP 11/22/202 | 18,270 | $1K | New |
Total filed on the 13F, all lines: $185.4M.
Portfolio Sells Q1 2025 → Q2 2025
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −1.80 |
| CNO Cno Financial Group Inc. | Reduce -57.2% | 0.26% | −0.48 |
| COKE Coca-Cola Consolidated Inc. | Sold out | 0.00% | −0.42 |
| TOL Toll Brothers Inc. | Reduce -84.5% | 0.07% | −0.41 |
| ADBE Adobe Inc. | Reduce -93.8% | 0.02% | −0.35 |
| PBH Prestige Consumer Healthcare | Reduce -93.3% | 0.02% | −0.35 |
| MLI Mueller Industries Inc. | Reduce -77.0% | 0.09% | −0.34 |
| PDCO Patterson Cos Inc. | Sold out | 0.00% | −0.30 |
| EME Emcor Group Inc. | Sold out | 0.00% | −0.30 |
| MSFT Microsoft Corp. | Reduce -61.5% | 0.24% | −0.30 |
| OFG Ofg Bancorp | Reduce -66.2% | 0.14% | −0.30 |
| NFG National Fuel Gas Co. | Reduce -60.7% | 0.18% | −0.30 |
| SKT Tanger Inc. | Sold out | 0.00% | −0.29 |
| DKS Dick's Sporting Goods Inc. | Sold out | 0.00% | −0.26 |
| MOG.A Moog Inc. Class A | Sold out | 0.00% | −0.26 |
| ONB Old National Bancorp | Reduce -89.5% | 0.03% | −0.26 |
| CRC California Resources Corp. | Sold out | 0.00% | −0.26 |
| GPI Group 1 Automotive Inc. | Reduce -73.3% | 0.10% | −0.26 |
| MOD Modine Manufacturing Co. | Sold out | 0.00% | −0.26 |
| MTG Mgic Investment Corp. | Reduce -52.5% | 0.24% | −0.26 |
| INGR Ingredion Inc. | Reduce -53.5% | 0.18% | −0.25 |
| RUSHA Rush Enterprises Inc. Class A | Reduce -73.8% | 0.07% | −0.24 |
| AXS Axis Capital Holdings Ltd. | Reduce -58.0% | 0.15% | −0.24 |
| R Ryder System Inc. | Reduce -49.9% | 0.23% | −0.23 |
| SANM Sanmina Corp. | Reduce -58.4% | 0.21% | −0.23 |
| WSBC Wesbanco Inc. | Reduce -81.7% | 0.04% | −0.22 |
| RDN Radian Group Inc. | Reduce -58.2% | 0.15% | −0.22 |
| ALK Alaska Air Group Inc. | Sold out | 0.00% | −0.21 |
| CXW Corecivic Inc. | Sold out | 0.00% | −0.21 |
| HCC Warrior Met Coal Inc. | Sold out | 0.00% | −0.20 |
| CATY Cathay General Bancorp | Reduce -71.9% | 0.07% | −0.20 |
| PLYA Playa Hotels & Resorts NV | Sold out | 0.00% | −0.20 |
| NXST Nexstar Media Group Inc. | Reduce -51.4% | 0.14% | −0.19 |
| UTHR United Therapeutics Corp. | Reduce -58.6% | 0.10% | −0.19 |
| QCRH QCR Holdings Inc. | Reduce -94.9% | 0.01% | −0.19 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −0.18 |
| ASB Associated Banc-Corp. | Reduce -45.8% | 0.20% | −0.18 |
| SNV Synovus Financial Corp. | Reduce -64.4% | 0.10% | −0.18 |
| GNL Global Net Lease Inc. | Sold out | 0.00% | −0.17 |
| WCC Wesco International Inc. | Reduce -76.1% | 0.06% | −0.16 |
| ZION Zions Bancorp NA | Reduce -50.2% | 0.14% | −0.16 |
| AMRX Amneal Pharmaceuticals Inc. | Sold out | 0.00% | −0.16 |
| RITM Rithm Capital Corp. | Reduce -58.4% | 0.09% | −0.15 |
| VSH Vishay Intertechnology Inc. | Sold out | 0.00% | −0.15 |
| FULT Fulton Financial Corp. | Reduce -58.0% | 0.09% | −0.15 |
| DHT DHT Holdings Inc. | Reduce -68.8% | 0.06% | −0.15 |
| GPOR Gulfport Energy Corp. | Reduce -58.2% | 0.10% | −0.15 |
| MEDP Medpace Holdings Inc. | Sold out | 0.00% | −0.15 |
| FNB FNB Corp. | Reduce -70.3% | 0.06% | −0.15 |
| TGNA Tegna Inc. | Reduce -58.0% | 0.08% | −0.15 |
Portfolio Buys Q1 2025 → Q2 2025
| QQQ Invesco QQQ Trust Series 1 | Add +44.2% | 17.49% | +5.92 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +232.3% | 7.76% | +5.55 |
| VOO Vanguard S&P 500 ETF | Add +26.1% | 26.11% | +5.14 |
| AVGO Broadcom Inc. | New | 0.30% | +0.30 |
| PLTR Palantir Technologies Inc. Class A | Add +1.2% | 0.84% | +0.27 |
| JAZZ Jazz Pharmaceuticals PLC | New | 0.19% | +0.19 |
| UPST Upstart Holdings Inc. | Add +68.6% | 0.30% | +0.16 |
| MDB Mongodb Inc. | Add +25.5% | 0.61% | +0.15 |
| ORCL Oracle Corp. | Add +100.0% | 0.24% | +0.15 |
| BLX Bladex Inc. | New | 0.15% | +0.15 |
| COLB Columbia Banking System Inc. | New | 0.15% | +0.15 |
| MU Micron Technology Inc. | Add +50.0% | 0.30% | +0.14 |
| JXN Jackson Financial Inc. Class A | New | 0.13% | +0.13 |
| CNX CNX Resources Corp. | New | 0.13% | +0.13 |
| CVSA Covista Inc. | New | 0.13% | +0.13 |
| EIG Employers Holdings Inc. | New | 0.13% | +0.13 |
| MAT Mattel Inc. | New | 0.12% | +0.12 |
| ABM Abm Industries Inc. | New | 0.12% | +0.12 |
| HALO Halozyme Therapeutics Inc. | New | 0.12% | +0.12 |
| PRDO Perdoceo Education Corp. | New | 0.11% | +0.11 |
| CUZ Cousins Properties Inc. | New | 0.11% | +0.11 |
| HRMY Harmony Biosciences Holdings | New | 0.11% | +0.11 |
| HIW Highwoods Properties Inc. | New | 0.10% | +0.10 |
| SKYW Skywest Inc. | New | 0.10% | +0.10 |
| SLVM Sylvamo Corp. | New | 0.10% | +0.10 |
| PSMT Pricesmart Inc. | New | 0.10% | +0.10 |
| OUT Outfront Media Inc. | New | 0.09% | +0.09 |
| YELP Yelp Inc. | New | 0.09% | +0.09 |
| ADT Adt Inc. | New | 0.09% | +0.09 |
| ARM Arm Holdings PLC-ADR | Add +10.7% | 0.27% | +0.09 |
| CIM Chimera Investment Corp. | New | 0.09% | +0.09 |
| BWA Borgwarner Inc. | New | 0.09% | +0.09 |
| PREMIER INC-CLASS A | New | 0.09% | +0.09 |
| GFF Griffon Corp. | New | 0.09% | +0.09 |
| NOV Nov Inc. | New | 0.09% | +0.09 |
| TTD Trade Desk Inc./the Class A | Add +26.5% | 0.28% | +0.08 |
| LIVN Livanova PLC | New | 0.08% | +0.08 |
| OBDC Blue Owl Capital Corp. | New | 0.08% | +0.08 |
| KLG WK Kellogg Co. | New | 0.08% | +0.08 |
| GBX Greenbrier Companies Inc. | New | 0.08% | +0.08 |
| OSBC Old Second Bancorp Inc. | New | 0.08% | +0.08 |
| TDC Teradata Corp. | New | 0.08% | +0.08 |
| LNC Lincoln National Corp. | New | 0.08% | +0.08 |
| CE Celanese Corp. | New | 0.07% | +0.07 |
| NTCT Netscout Systems Inc. | New | 0.07% | +0.07 |
| THFF First Financial Corp. | New | 0.07% | +0.07 |
| CSTM Constellium SE | New | 0.07% | +0.07 |
| IBIT iShares Bitcoin Trust ETF | New | 0.07% | +0.07 |
| PLGO Pelagos Insurance Capital LT | New | 0.07% | +0.07 |
| BNL Broadstone Net Lease Inc. | New | 0.07% | +0.07 |
Notes & Other Activity Q1 2025 → Q2 2025
| VSSYW Versus Systems -CW26 | *W EXP 11/22/202 | New | 18,270 | $1K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 53 | $253.3M | VOO, QQQ, IWM, GOOG, AMZN |
| Q4 2025 | 304 | $225.1M | VOO, QQQ, GOOG, AMZN, VUG |
| Q3 2025 | 307 | $211.4M | VOO, QQQ, GOOG, VUG, AMZN |
| Q2 2025 | 302 | $185.4M | VOO, QQQ, AMZN, GOOG, VUG |
| Q1 2025 | 287 | $166.1M | VOO, QQQ, GOOG, AMZN, VUG |
| Q4 2024 | 287 | $178.1M | VOO, QQQ, GOOG, AMZN, VUG |
| Q3 2024 | 273 | $152.2M | VUG, GPOR, AMZN, RIVN, ODP |
| Q2 2024 | 273 | $172.6M | VOO, QQQ, GOOG, AMZN, VUG |
| Q1 2024 | 279 | $167.2M | VOO, QQQ, GOOG, AMZN, VUG |