Epacria Capital Partners, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Epacria Capital Partners, LLC reported 29 stock positions worth $129.1 million. Its top holding was Philip Morris International (PM) at 13.7% of the portfolio, followed by British American Tob-SP ADR (BTI, 13.2%) and Vanguard Ftse Developed ETF (VEA, 11.6%). Compared with Q4 2025, it opened 2 new positions, sold out of 4, added to 4 and reduced 5. The biggest buy was Canadian Natural Resources (CNQ, shares +2%) and the biggest sale an exit from Valaris (VAL).
- Most Recent 13F
- Q2 2026
- Location
- BOULDER, CO
- CIK
- 0001927623
- Portfolio Value
- $129.1M (Q1 2026)
- SEC Filing
- 0001754960-26-000386 ↗ filed May 15, 2026
Holdings Value
Holdings 29 stocks · $129.1M
| PM Philip Morris International | 13.66% | 106,667 | $17.6M | No change |
| BTI British American Tob-SP ADR | 13.15% | 290,381 | $17.0M | Reduce -8.0% |
| VEA Vanguard Ftse Developed ETF | 11.62% | 234,089 | $15.0M | No change |
| CNQ Canadian Natural Resources | 8.80% | 233,208 | $11.4M | Add +2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 7.85% | 21,160 | $10.1M | No change |
| BSM Black Stone Minerals LP | 6.80% | 580,716 | $8.8M | No change |
| BOXX Alpha Architect 1-3 MNTH Box | 5.32% | 59,046 | $6.9M | Add +2.5% |
| EPD Enterprise Products Partners | 4.09% | 139,372 | $5.3M | No change |
| IBKR Interactive Brokers Gro Class A | 3.74% | 72,000 | $4.8M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 3.34% | 6 | $4.3M | No change |
| HCC Warrior Met Coal Inc. | 2.82% | 39,052 | $3.6M | No change |
| VIRT Virtu Financial Inc. Class A | 2.81% | 82,582 | $3.6M | No change |
| SGOV iShares 0-3 Month Treasury B | 2.76% | 35,350 | $3.6M | Reduce -0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.74% | 5,432 | $3.5M | No change |
| MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC | 2.26% | 65,400 | $2.9M | Add +293.8% |
| NTB Bank of N.T. Butterfield&son | 1.72% | 42,292 | $2.2M | No change |
| CHKP Check Point Software Tech | 1.53% | 13,808 | $2.0M | Add +4.8% |
| GOOG Alphabet Inc. Class C | 1.27% | 5,727 | $1.6M | Reduce -25.9% |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 0.99% | 58,217 | $1.3M | No change |
| AFL Aflac Inc. | 0.64% | 7,500 | $823K | No change |
| NEN New England Realty Assoc-LP | 0.41% | 8,636 | $527K | No change |
| INSW International Seaways Inc. | 0.27% | 4,745 | $346K | Reduce -77.8% |
| EXPD Expeditors Intl Wash Inc. | 0.24% | 2,200 | $315K | No change |
| FRO Frontline PLC | 0.23% | 8,621 | $301K | New |
| ECO Okeanis Eco Tankers Corp. | 0.23% | 5,857 | $296K | New |
| DHT DHT Holdings Inc. | 0.22% | 15,826 | $289K | Reduce -82.5% |
| MRVI Maravai Lifesciences Hldgs-A | 0.22% | 100,078 | $283K | No change |
| MAA Mid-America Apartment Comm | 0.19% | 2,008 | $245K | No change |
| CLPT Clearpoint Neuro Inc. | 0.08% | 11,729 | $107K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| VAL Valaris Ltd. | Sold out | 0.00% | −1.10 |
| BTI British American Tob-SP ADR | Reduce -8.0% | 13.15% | −1.06 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −0.79 |
| SMHI Seacor Marine Holdings Inc. | Sold out | 0.00% | −0.74 |
| DHT DHT Holdings Inc. | Reduce -82.5% | 0.22% | −0.65 |
| INSW International Seaways Inc. | Reduce -77.8% | 0.27% | −0.56 |
| GOOG Alphabet Inc. Class C | Reduce -25.9% | 1.27% | −0.16 |
| SGOV iShares 0-3 Month Treasury B | Reduce -0.4% | 2.76% | −0.08 |
| MXCT Maxcyte Inc. | Sold out | 0.00% | −0.08 |
Portfolio Buys Q4 2025 → Q1 2026
Notes & Other Activity Q4 2025 → Q1 2026
| CRESW Cresud Saci-CW26 | *W EXP 03/09/202 | Sold out | 310,967 | $389Kbefore exit |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | Sold out | 83,658 | $147Kbefore exit |
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 | 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 |