Explore Capital Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed February 11, 2026), Explore Capital Management, LLC reported 15 stock positions worth $161.7 million. Its top holding was Amazon.com (AMZN) at 13.9% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 10.7%) and Blue Owl Capital (OWL, 9.2%). Compared with Q2 2025, it opened 2 new positions, sold out of 4, added to 11 and reduced 2. The biggest buy was a new position in S&P Global (SPGI) and the biggest sale an exit from Fiserv (FISV).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0002026286
- Portfolio Value
- $161.7M (Q3 2025)
- SEC Filing
- 0001214659-26-001455 ↗ filed Feb 11, 2026
Holdings Value
Holdings 15 stocks · $161.7M
| AMZN Amazon.com Inc. | 13.94% | 102,675 | $22.5M | Add +4.2% |
| TSM Taiwan Semiconductor-SP ADR | 10.71% | 62,032 | $17.3M | Add +15.9% |
| OWL Blue Owl Capital Inc. | 9.20% | 878,988 | $14.9M | Add +39.5% |
| WDAY Workday Inc. Class A | 8.15% | 54,740 | $13.2M | Add +22.5% |
| EFX Equifax Inc. | 6.49% | 40,930 | $10.5M | Add +34.6% |
| SPGI S&P Global Inc. | 6.32% | 21,000 | $10.2M | New |
| THC Tenet Healthcare Corp. | 6.32% | 50,300 | $10.2M | Reduce -18.2% |
| HDB HDFC Bank Ltd.-ADR | 6.31% | 298,860 | $10.2M | Add +31.8% |
| FLUT Flutter Entertainment PLC-Di | 6.11% | 38,920 | $9.9M | Add +18.1% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 6.00% | 605,950 | $9.7M | Add +1.0% |
| MRVL Marvell Technology Inc. | 5.97% | 114,870 | $9.7M | Add +25.5% |
| WCN Waste Connections Inc. | 4.24% | 39,000 | $6.9M | New |
| AEM Agnico Eagle Mines Ltd. | 3.69% | 35,400 | $6.0M | Add +26.4% |
| TMO Thermo Fisher Scientific Inc. | 3.54% | 11,800 | $5.7M | Reduce -1.7% |
| CPNG Coupang Inc. | 2.99% | 150,350 | $4.8M | Add +1.8% |
Portfolio Sells Q2 2025 → Q3 2025
| FISV Fiserv Inc. | Sold out | 0.00% | −7.02 |
| PAC Grupo Aeroportuario Pac-ADR | Sold out | 0.00% | −3.33 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −1.96 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −1.93 |
| THC Tenet Healthcare Corp. | Reduce -18.2% | 6.32% | −1.34 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.7% | 3.54% | +0.10 |
Portfolio Buys Q2 2025 → Q3 2025
| SPGI S&P Global Inc. | New | 6.32% | +6.32 |
| WCN Waste Connections Inc. | New | 4.24% | +4.24 |
| TSM Taiwan Semiconductor-SP ADR | Add +15.9% | 10.71% | +2.15 |
| AEM Agnico Eagle Mines Ltd. | Add +26.4% | 3.69% | +1.34 |
| MRVL Marvell Technology Inc. | Add +25.5% | 5.97% | +0.97 |
| EFX Equifax Inc. | Add +34.6% | 6.49% | +0.92 |
| OWL Blue Owl Capital Inc. | Add +39.5% | 9.20% | +0.65 |
| WDAY Workday Inc. Class A | Add +22.5% | 8.15% | +0.56 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +1.0% | 6.00% | +0.18 |
| HDB HDFC Bank Ltd.-ADR | Add +31.8% | 6.31% | +0.17 |
| CPNG Coupang Inc. | Add +1.8% | 2.99% | −0.13 |
| FLUT Flutter Entertainment PLC-Di | Add +18.1% | 6.11% | −0.54 |
| AMZN Amazon.com Inc. | Add +4.2% | 13.94% | −1.34 |