GatePass Capital, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 6, 2026), GatePass Capital, LLC reported 169 stock positions worth $202.1 million. Its top holding was Cincinnati Financial (CINF) at 7.6% of the portfolio, followed by iShares 0-1 Year Treasury Bo (SHV, 3.9%) and SS SPDR S&P 500 ETF Trust-US (SPY, 3.8%). Compared with Q4 2025, it opened 28 new positions, sold out of 14, added to 70 and reduced 46. The biggest buy was a new position in Cbiz (CBZ) and the biggest sale Carvana (CVNA, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- INDEPENDENCE, OH
- CIK
- 0002087399
- Portfolio Value
- $202.1M (Q1 2026)
- SEC Filing
- 0002087399-26-000002 ↗ filed May 6, 2026
Holdings Value
Holdings 169 stocks · $202.1M
| CINF Cincinnati Financial Corp. | 7.57% | 97,242 | $15.3M | Add +0.0% |
| SHV iShares 0-1 Year Treasury Bo | 3.89% | 71,235 | $7.9M | Reduce -7.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.76% | 11,674 | $7.6M | Add +20.6% |
| MINT PIMCO Enhanced Short Maturit | 3.65% | 73,343 | $7.4M | Reduce -3.6% |
| STEW SRH Total Return Fund Inc. | 3.64% | 430,595 | $7.4M | Reduce -0.9% |
| ADX Adams Diversified Equity | 3.13% | 288,965 | $6.3M | Reduce -3.3% |
| VICR Vicor Corp. | 2.84% | 35,600 | $5.7M | Add +7.9% |
| NSLR Neostellar Capital Corp. filed as SURO CAPITAL CORP | 2.68% | 505,900 | $5.4M | Reduce -0.5% |
| JAAA Janus Henderson Aaa Clo ETF | 2.45% | 98,350 | $5.0M | Reduce -0.7% |
| GBIL Goldman Sachs Access Treasur | 2.25% | 45,450 | $4.6M | Reduce -8.0% |
| VCRB Vanguard Core Bond ETF | 2.02% | 52,874 | $4.1M | Add +44.4% |
| JPST JPMorgan Ultra-Short Income | 1.84% | 73,524 | $3.7M | Add +8.4% |
| USFR Wisdomtree Floating Rate Tre | 1.82% | 73,000 | $3.7M | Reduce -4.0% |
| NVDA Nvidia Corp. | 1.55% | 17,989 | $3.1M | Add +18.9% |
| CBZ Cbiz Inc. | 1.30% | 98,163 | $2.6M | New |
| MAMA Mama's Creations Inc. | 1.30% | 171,185 | $2.6M | No change |
| TBIL F/M US Treasury 3 Month Bill | 1.28% | 51,800 | $2.6M | Add +13.8% |
| VTI VG Morningstar TS MKT ETF-US | 1.26% | 7,950 | $2.6M | Add +3.8% |
| QQQ Invesco QQQ Trust Series 1 | 1.25% | 4,369 | $2.5M | Add +19.1% |
| SGOV iShares 0-3 Month Treasury B | 1.13% | 22,650 | $2.3M | Add +138.4% |
| BN Brookfield Corp. | 1.09% | 54,450 | $2.2M | Add +580.6% |
| ONDS Ondas Inc. | 0.94% | 210,000 | $1.9M | Add +5.0% |
| WATT Energous Corp. | 0.90% | 116,000 | $1.8M | New |
| TPB Turning Point Brands Inc. | 0.86% | 20,000 | $1.7M | No change |
| AGG iShares Core U.S. Aggregate | 0.84% | 17,056 | $1.7M | Reduce -5.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.84% | 18,450 | $1.7M | Reduce -10.0% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.82% | 28,535 | $1.7M | Reduce -5.4% |
| SOFI Sofi Technologies Inc. | 0.79% | 100,102 | $1.6M | Reduce -0.0% |
| AMZN Amazon.com Inc. | 0.79% | 7,625 | $1.6M | Add +17.7% |
| SPE Special Opportunities Fund | 0.77% | 112,859 | $1.6M | Reduce -14.3% |
| EVLV Evolv Technologies Holdings | 0.76% | 255,000 | $1.5M | Add +41.7% |
| JPM JPMorgan Chase & Co. | 0.76% | 5,202 | $1.5M | Add +18.4% |
| VGSH Vanguard Short-Term Treasury | 0.74% | 25,500 | $1.5M | Reduce -13.6% |
| XONE Bondbloxx BBG 1 Dur US Treas | 0.71% | 29,100 | $1.4M | Reduce -10.5% |
| ZETA Zeta Global Holdings Corp. Class A | 0.67% | 85,000 | $1.4M | Reduce -8.6% |
| VOO Vanguard S&P 500 ETF | 0.67% | 2,260 | $1.4M | Reduce -6.7% |
| AAPL Apple Inc. | 0.65% | 5,194 | $1.3M | Add +18.4% |
| GGZ Gabelli Global Small & M | 0.65% | 87,000 | $1.3M | Reduce -1.1% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.64% | 46,642 | $1.3M | New |
| XTWY Bondbloxx BBG 20Y US TSY ETF | 0.64% | 34,400 | $1.3M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.64% | 2,690 | $1.3M | Add +5.9% |
| IVW iShares S&P 500 Growth ETF | 0.63% | 11,181 | $1.3M | Add +3.1% |
| VUSB Vanguard Ultra Short Bond Et | 0.60% | 24,500 | $1.2M | No change |
| CORO Ish Intl CTRY Rot Act ETF | 0.58% | 36,622 | $1.2M | New |
| CVX Chevron Corp. | 0.57% | 5,559 | $1.2M | Add +2.4% |
| WFC Wells Fargo & Co. | 0.55% | 13,974 | $1.1M | Add +3.2% |
| RF Regions Financial Corp. | 0.55% | 42,312 | $1.1M | Add +0.0% |
| GOOGL Alphabet Inc. Class A | 0.53% | 3,758 | $1.1M | Add +4.4% |
| MSFT Microsoft Corp. | 0.51% | 2,785 | $1.0M | Add +29.9% |
| AVGO Broadcom Inc. | 0.50% | 3,284 | $1.0M | Add +7.2% |
| IVE iShares S&P 500 Value ETF | 0.50% | 4,789 | $1.0M | Reduce -17.2% |
| TCPC BlackRock TCP Capital Corp. | 0.50% | 277,220 | $1.0M | New |
| HPE Hewlett Packard Enterprise | 0.49% | 41,236 | $982K | Add +0.0% |
| QUAL iShares MSCI USA Quality Fac | 0.49% | 5,112 | $981K | Add +25.4% |
| SCHX Schwab US Large-Cap ETF | 0.48% | 37,778 | $969K | New |
| ACWX iShares MSCI Acwi Ex US ETF | 0.46% | 13,507 | $925K | New |
| PYPL PayPal Holdings Inc. | 0.45% | 20,283 | $917K | Add +464.2% |
| EFV iShares MSCI Eafe Value ETF | 0.45% | 12,317 | $916K | Reduce -32.8% |
| XTEN Bondbloxx BBG 10Y US TSY ETF | 0.45% | 19,760 | $906K | Add +36.6% |
| RTX RTX Corp. | 0.45% | 4,674 | $902K | Add +0.3% |
| OXLC Oxford Lane Capital Corp. | 0.44% | 90,300 | $883K | Add +112.0% |
| SMRT Smartrent Inc. | 0.43% | 579,022 | $869K | No change |
| GOOG Alphabet Inc. Class C | 0.42% | 2,990 | $858K | Add +12.1% |
| ABBV Abbvie Inc. | 0.42% | 3,894 | $847K | Add +0.7% |
| XSSPX Nuveen S&P 500 Dynam Overwr | 0.42% | 52,563 | $845K | Add +36.0% |
| WIW Western Asst Infl-LNK Opp | 0.41% | 97,200 | $822K | New |
| IVV iShares Core S&P 500 ETF | 0.38% | 1,181 | $771K | Add +0.3% |
| MBB iShares MBS ETF | 0.37% | 7,971 | $757K | Add +13.8% |
| SCHB Schwab US Broad Market ETF | 0.36% | 29,090 | $730K | Reduce -9.4% |
| IJR iShares Core S&P Small-Cap E | 0.35% | 5,768 | $717K | Add +14.8% |
| SPMO Invesco S&P 500 Momentum ETF | 0.35% | 6,273 | $703K | Add +20.1% |
| C Citigroup Inc. | 0.35% | 6,195 | $703K | Add +118.4% |
| GOVT iShares US Treasury Bond ETF | 0.35% | 30,497 | $699K | New |
| PFE Pfizer Inc. | 0.34% | 24,173 | $679K | Add +4.5% |
| NXDT Nexpoint Diversified Real Es | 0.33% | 141,249 | $660K | Reduce -61.0% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.32% | 20,110 | $652K | New |
| SHLD Global X Defense Tech ETF | 0.32% | 8,998 | $637K | Add +101.1% |
| PNNT Pennantpark Investment Corp. | 0.31% | 138,000 | $620K | Reduce -0.8% |
| PSEC Prospect Capital Corp. | 0.31% | 236,900 | $618K | Reduce -22.6% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.31% | 11,897 | $618K | Add +6.6% |
| EML The Eastern Co. | 0.30% | 30,000 | $607K | Reduce -11.2% |
| GE General Electric filed as GE AEROSPACE | 0.30% | 2,131 | $605K | Add +13.3% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.30% | 13,007 | $601K | Reduce -12.9% |
| CNDT Conduent Inc. | 0.30% | 466,950 | $598K | Add +95.5% |
| META Meta Platforms Inc. Class A | 0.29% | 1,039 | $595K | Add +12.3% |
| SUNS Sunrise Realty Trust Inc. | 0.29% | 76,700 | $588K | New |
| QCOM Qualcomm Inc. | 0.29% | 4,556 | $587K | Add +0.3% |
| FLR Fluor Corp. | 0.29% | 12,550 | $585K | Reduce -7.0% |
| THRO iShares U.S. Thematic Rotati | 0.29% | 16,033 | $581K | Add +51.8% |
| CI The Cigna Group | 0.29% | 2,175 | $580K | New |
| USMV iShares MSCI USA Min Vol Fac | 0.29% | 6,249 | $580K | No change |
| GPRE Green Plains Inc. | 0.28% | 34,800 | $572K | Reduce -4.7% |
| AVEM Avantis Emerging Markets Eq | 0.28% | 6,964 | $561K | Add +56.0% |
| BLCR iShares LRG CP CR Act ETF-Ui | 0.27% | 13,484 | $554K | New |
| VSEC Vse Corp. | 0.27% | 3,000 | $553K | No change |
| WD Walker & Dunlop Inc. | 0.27% | 12,313 | $546K | Add +103.5% |
| CELH Celsius Holdings Inc. | 0.26% | 15,006 | $532K | Add +0.0% |
| SCHF Schwab Intl Equity ETF | 0.26% | 21,372 | $529K | Add +146.8% |
| IGM iShares Expanded Tech Sector | 0.26% | 4,440 | $526K | No change |
| V Visa Inc. Class A | 0.26% | 1,728 | $522K | Add +31.2% |
Options reported separately and not counted above: SQQQ puts ($4.8M), CVNA calls ($3.1M), VS TRUST calls ($693K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $3.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SPECIAL OPPORTUNITY FUND (SPE 2.75 01/27/27 C) | 2.75% CNV PFD C | 143,320 | $3.6M | Add +7.6% |
Total filed on the 13F, all lines: $205.7M.
Portfolio Sells Q4 2025 → Q1 2026
| CVNA Carvana Co. | Reduce -99.9% | 0.00% | −1.93 |
| STLN Starling Oncology Inc. | Sold out | 0.00% | −0.67 |
| SPHY SS SPDR P High Yield ETF | Sold out | 0.00% | −0.64 |
| SOFI Sofi Technologies Inc. | Reduce -0.0% | 0.79% | −0.59 |
| STEW SRH Total Return Fund Inc. | Reduce -0.9% | 3.64% | −0.58 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -7.8% | 3.89% | −0.58 |
| ADX Adams Diversified Equity | Reduce -3.3% | 3.13% | −0.53 |
| NXDT Nexpoint Diversified Real Es | Reduce -61.0% | 0.33% | −0.40 |
| BAM Brookfield Asset Mgmt-A | Sold out | 0.00% | −0.38 |
| MINT PIMCO Enhanced Short Maturit | Reduce -3.6% | 3.65% | −0.36 |
| GBIL Goldman Sachs Access Treasur | Reduce -8.0% | 2.25% | −0.34 |
| BW Babcock & Wilcox Enterpr | Sold out | 0.00% | −0.33 |
| XLG Invesco S&P 500 Top 50 ETF | Sold out | 0.00% | −0.33 |
| ZETA Zeta Global Holdings Corp. Class A | Reduce -8.6% | 0.67% | −0.32 |
| IEMG iShares Core MSCI Emerging | Reduce -67.8% | 0.15% | −0.32 |
| CRMD Cormedix Inc. | Sold out | 0.00% | −0.30 |
| PESI Perma-Fix Environmental SVCS | Reduce -54.1% | 0.16% | −0.27 |
| ULST SS Ultra Short TM Bond ETF | Sold out | 0.00% | −0.26 |
| SPE Special Opportunities Fund | Reduce -14.3% | 0.77% | −0.25 |
| EFV iShares MSCI Eafe Value ETF | Reduce -32.8% | 0.45% | −0.23 |
| MNR Mach Natural Resources LP | Sold out | 0.00% | −0.20 |
| USFR Wisdomtree Floating Rate Tre | Reduce -4.0% | 1.82% | −0.19 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -0.7% | 2.45% | −0.18 |
| VGSH Vanguard Short-Term Treasury | Reduce -13.6% | 0.74% | −0.17 |
| DUOT Duos Technologies Group Inc. | Reduce -18.9% | 0.15% | −0.17 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.16 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -10.0% | 0.84% | −0.15 |
| IVE iShares S&P 500 Value ETF | Reduce -17.2% | 0.50% | −0.14 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -5.4% | 0.82% | −0.14 |
| XMYDX BlackRock Muniyield Fund | Sold out | 0.00% | −0.13 |
| XONE Bondbloxx BBG 1 Dur US Treas | Reduce -10.5% | 0.71% | −0.13 |
| PNNT Pennantpark Investment Corp. | Reduce -0.8% | 0.31% | −0.13 |
| VOO Vanguard S&P 500 ETF | Reduce -6.7% | 0.67% | −0.13 |
| BCIC BCP Investment Corp. | Reduce -9.5% | 0.15% | −0.12 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.12 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.12 |
| PSEC Prospect Capital Corp. | Reduce -22.6% | 0.31% | −0.11 |
| AGG iShares Core U.S. Aggregate | Reduce -5.4% | 0.84% | −0.11 |
| SCHB Schwab US Broad Market ETF | Reduce -9.4% | 0.36% | −0.08 |
| GLD SPDR Gold Shares | Reduce -41.4% | 0.11% | −0.08 |
| WHF Whitehorse Finance Inc. | Sold out | 0.00% | −0.07 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -12.9% | 0.30% | −0.07 |
| CCIF Carlyle Credit Income Fund | Reduce -0.7% | 0.11% | −0.06 |
| BHR Braemar Hotels & Resorts Inc. | Reduce -7.8% | 0.15% | −0.06 |
| CION Cion Investment Corp. | Reduce -10.0% | 0.08% | −0.05 |
| EML The Eastern Co. | Reduce -11.2% | 0.30% | −0.05 |
| GGZ Gabelli Global Small & M | Reduce -1.1% | 0.65% | −0.05 |
| SACH Sachem Capital Corp. | Reduce -27.3% | 0.07% | −0.04 |
| RSP Invesco S&P 500 Equal Weight | Reduce -15.3% | 0.13% | −0.03 |
| MELI MercadoLibre Inc. | Reduce -0.7% | 0.13% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| CBZ Cbiz Inc. | New | 1.30% | +1.30 |
| VICR Vicor Corp. | Add +7.9% | 2.84% | +0.94 |
| WATT Energous Corp. | New | 0.90% | +0.90 |
| BN Brookfield Corp. | Add +580.6% | 1.09% | +0.90 |
| FNDX Schwab Fndmntl US LRG Co. ETF | New | 0.64% | +0.64 |
| XTWY Bondbloxx BBG 20Y US TSY ETF | New | 0.64% | +0.64 |
| SGOV iShares 0-3 Month Treasury B | Add +138.4% | 1.13% | +0.63 |
| CORO Ish Intl CTRY Rot Act ETF | New | 0.58% | +0.58 |
| VCRB Vanguard Core Bond ETF | Add +44.4% | 2.02% | +0.53 |
| TCPC BlackRock TCP Capital Corp. | New | 0.50% | +0.50 |
| SCHX Schwab US Large-Cap ETF | New | 0.48% | +0.48 |
| ACWX iShares MSCI Acwi Ex US ETF | New | 0.46% | +0.46 |
| WIW Western Asst Infl-LNK Opp | New | 0.41% | +0.41 |
| GOVT iShares US Treasury Bond ETF | New | 0.35% | +0.35 |
| PYPL PayPal Holdings Inc. | Add +464.2% | 0.45% | +0.34 |
| FNDA Schwab Fndmntl US SM Co. ETF | New | 0.32% | +0.32 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +20.6% | 3.76% | +0.29 |
| SUNS Sunrise Realty Trust Inc. | New | 0.29% | +0.29 |
| CI The Cigna Group | New | 0.29% | +0.29 |
| BLCR iShares LRG CP CR Act ETF-Ui | New | 0.27% | +0.27 |
| SCHA Schwab US Small-Cap ETF | New | 0.25% | +0.25 |
| AXP American Express Co. | New | 0.24% | +0.24 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | New | 0.24% | +0.24 |
| WY Weyerhaeuser Co. | New | 0.23% | +0.23 |
| ETN Eaton Corp. PLC | New | 0.18% | +0.18 |
| C Citigroup Inc. | Add +118.4% | 0.35% | +0.17 |
| SHLD Global X Defense Tech ETF | Add +101.1% | 0.32% | +0.16 |
| SCHF Schwab Intl Equity ETF | Add +146.8% | 0.26% | +0.15 |
| ATR Aptargroup Inc. | New | 0.14% | +0.14 |
| CDNL Cardinal Infrastructure GR-A | New | 0.14% | +0.14 |
| CVX Chevron Corp. | Add +2.4% | 0.57% | +0.14 |
| ALMU Aeluma Inc. | New | 0.13% | +0.13 |
| MQY BlackRock Muniyield Quality | New | 0.13% | +0.13 |
| JNJ Johnson & Johnson | New | 0.12% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.11% | +0.11 |
| OXLC Oxford Lane Capital Corp. | Add +112.0% | 0.44% | +0.11 |
| XOM Exxon Mobil Corp. | New | 0.11% | +0.11 |
| MS Morgan Stanley | New | 0.10% | +0.10 |
| XTEN Bondbloxx BBG 10Y US TSY ETF | Add +36.6% | 0.45% | +0.10 |
| AVEM Avantis Emerging Markets Eq | Add +56.0% | 0.28% | +0.10 |
| GDL GDL Fund | Add +87.2% | 0.22% | +0.09 |
| EVLV Evolv Technologies Holdings | Add +41.7% | 0.76% | +0.09 |
| TBIL F/M US Treasury 3 Month Bill | Add +13.8% | 1.28% | +0.09 |
| WD Walker & Dunlop Inc. | Add +103.5% | 0.27% | +0.08 |
| THRO iShares U.S. Thematic Rotati | Add +51.8% | 0.29% | +0.07 |
| NVDA Nvidia Corp. | Add +18.9% | 1.55% | +0.07 |
| QQQ Invesco QQQ Trust Series 1 | Add +19.1% | 1.25% | +0.06 |
| XSSPX Nuveen S&P 500 Dynam Overwr | Add +36.0% | 0.42% | +0.06 |
| QUAL iShares MSCI USA Quality Fac | Add +25.4% | 0.49% | +0.06 |
| GEV GE Vernova Inc. | Add +12.4% | 0.20% | +0.06 |
Options Activity Q4 2025 → Q1 2026
| SQQQ Proshares Ultrapro Short QQQ | put | New | 60,000 | $4.8M |
| CVNA Carvana Co. | call | New | 10,000 | $3.1M |
| VS TRUST | call | New | 80,000 | $693K |
| CELH Celsius Holdings Inc. | call | Sold out | 20,000 | $87Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| SPECIAL OPPORTUNITY FUND (SPE 2.75 01/27/27 C) | 2.75% CNV PFD C | Add +7.6% | 143,320 | $3.6M |
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 | 186 | $256.7M | CINF, VICR, SPY, CBZ, STEW |
| Q1 2026 | 169 | $202.1M | CINF, SHV, SPY, MINT, STEW |
| Q4 2025 | 155 | $190.6M | CINF, SHV, STEW, MINT, ADX |
| Q3 2025 | 143 | $170.2M | CINF, SHV, STEW, MINT, ADX |
| Q2 2025 | 125 | $149.0M | CINF, SHV, MINT, STEW, ADX |
| Q1 2025 | 113 | $131.9M | CINF, SHV, MINT, STEW, ADX |
| Q4 2024 | 101 | $90.2M | SHV, CVNA, MINT, RDDT, STEW |