Epacria Capital Partners, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Epacria Capital Partners, LLC reported 32 stock positions worth $119.2 million. Its top holding was Philip Morris International (PM) at 16.3% of the portfolio, followed by British American Tob-SP ADR (BTI, 12.5%) and Vanguard Ftse Developed ETF (VEA, 11.2%). Compared with Q1 2025, it opened 1 new position, sold out of 7, added to 9 and reduced 2. The biggest buy was British American Tob-SP ADR (BTI, shares +0%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −64%).
- Most Recent 13F
- Q2 2026
- Location
- BOULDER, CO
- CIK
- 0001927623
- Portfolio Value
- $119.2M (Q2 2025)
- SEC Filing
- 0001754960-25-000578 ↗ filed Aug 13, 2025
Holdings Value
Holdings 32 stocks · $119.2M
| PM Philip Morris International | 16.30% | 106,667 | $19.4M | No change |
| BTI British American Tob-SP ADR | 12.53% | 315,531 | $14.9M | Add +0.3% |
| VEA Vanguard Ftse Developed ETF | 11.20% | 234,089 | $13.3M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 8.62% | 21,160 | $10.3M | No change |
| BSM Black Stone Minerals LP | 6.35% | 578,422 | $7.6M | No change |
| CNQ Canadian Natural Resources | 5.87% | 222,838 | $7.0M | Add +7.2% |
| BOXX Alpha Architect 1-3 MNTH Box | 5.37% | 56,822 | $6.4M | Add +9.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 3.67% | 6 | $4.4M | No change |
| EPD Enterprise Products Partners | 3.63% | 139,372 | $4.3M | No change |
| IBKR Interactive Brokers Gro Class A | 3.53% | 76,000 | $4.2M | No change |
| VIRT Virtu Financial Inc. Class A | 3.10% | 82,582 | $3.7M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.82% | 5,432 | $3.4M | Reduce -63.8% |
| CHKP Check Point Software Tech | 2.45% | 13,175 | $2.9M | No change |
| SLM SLM Corp. | 1.60% | 58,003 | $1.9M | No change |
| NTB Bank of N.T. Butterfield&son | 1.57% | 42,292 | $1.9M | No change |
| HCC Warrior Met Coal Inc. | 1.50% | 39,052 | $1.8M | Add +41.2% |
| GOOG Alphabet Inc. Class C | 1.26% | 8,487 | $1.5M | No change |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 1.13% | 50,099 | $1.3M | Add +2.8% |
| TDW Tidewater Inc. | 0.98% | 25,275 | $1.2M | Reduce -7.6% |
| VAL Valaris Ltd. | 0.97% | 27,493 | $1.2M | Add +39.0% |
| BLDR Builders Firstsource Inc. | 0.95% | 9,701 | $1.1M | No change |
| DHT DHT Holdings Inc. | 0.89% | 97,804 | $1.1M | No change |
| SMHI Seacor Marine Holdings Inc. | 0.66% | 155,230 | $792K | Add +19.5% |
| AFL Aflac Inc. | 0.66% | 7,500 | $791K | No change |
| INSW International Seaways Inc. | 0.65% | 21,381 | $780K | No change |
| NEN New England Realty Assoc-LP | 0.53% | 8,636 | $631K | No change |
| DEO Diageo PLC-Sponsored ADR | 0.34% | 3,989 | $402K | No change |
| MAA Mid-America Apartment Comm | 0.25% | 2,008 | $297K | No change |
| EXPD Expeditors Intl Wash Inc. | 0.21% | 2,200 | $251K | No change |
| MRVI Maravai Lifesciences Hldgs-A | 0.19% | 93,694 | $226K | Add +69.0% |
| CLPT Clearpoint Neuro Inc. | 0.12% | 11,729 | $140K | New |
| MXCT Maxcyte Inc. | 0.11% | 62,133 | $135K | Add +178.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $572K (not counted above)
Total filed on the 13F, all lines: $119.8M.
Portfolio Sells Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -63.8% | 2.82% | −4.05 |
| JEF Jefferies Financial Group Inc. | Sold out | 0.00% | −1.20 |
| PKE Park Aerospace Corp. | Sold out | 0.00% | −0.77 |
| LILAK Liberty Latin Americ Class C | Sold out | 0.00% | −0.69 |
| DVA Davita Inc. | Sold out | 0.00% | −0.51 |
| RPRX Royalty Pharma PLC Class A | Sold out | 0.00% | −0.47 |
| GOLD Gold.com Inc. | Sold out | 0.00% | −0.34 |
| BUR Burford Capital Ltd. | Sold out | 0.00% | −0.25 |
| TDW Tidewater Inc. | Reduce -7.6% | 0.98% | +0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| BTI British American Tob-SP ADR | Add +0.3% | 12.53% | +1.88 |
| CNQ Canadian Natural Resources | Add +7.2% | 5.87% | +0.63 |
| BOXX Alpha Architect 1-3 MNTH Box | Add +9.1% | 5.37% | +0.62 |
| HCC Warrior Met Coal Inc. | Add +41.2% | 1.50% | +0.42 |
| VAL Valaris Ltd. | Add +39.0% | 0.97% | +0.34 |
| SMHI Seacor Marine Holdings Inc. | Add +19.5% | 0.66% | +0.13 |
| CLPT Clearpoint Neuro Inc. | New | 0.12% | +0.12 |
| MRVI Maravai Lifesciences Hldgs-A | Add +69.0% | 0.19% | +0.09 |
| MXCT Maxcyte Inc. | Add +178.2% | 0.11% | +0.06 |
| FRPH FRP Holdings Inc. | Add +2.8% | 1.13% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 24 | $129.6M | BTI, VEA, PM, BRK.B, CNQ |
| Q1 2026 | 29 | $129.1M | PM, BTI, VEA, CNQ, BRK.B |
| Q4 2025 | 31 | $125.7M | BTI, PM, VEA, BRK.B, CNQ |
| Q3 2025 | 32 | $122.8M | PM, BTI, VEA, BRK.B, BSM |
| Q2 2025 | 32 | $119.2M | PM, BTI, VEA, BRK.B, BSM |
| Q1 2025 | 38 | $122.2M | PM, BTI, VEA, BRK.B, BSM |
| Q4 2024 | 40 | $117.4M | PM, BTI, VEA, BRK.B, SPY |
| Q3 2024 | 49 | $145.9M | BRK.B, PM, VEA, BTI, SPY |
| Q2 2024 | 54 | $135.4M | BRK.B, VEA, PM, BTI, BSM |
| Q1 2024 | 51 | $137.1M | BRK.B, VEA, BTI, PM, BSM |