Granby Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Granby Capital Management, LLC reported 18 stock positions worth $187.5 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 32.6% of the portfolio, followed by Vanguard Ftse All-World Ex-U (VEU, 16.0%) and Invesco S&P 500 Equal Weight (RSP, 8.2%). Compared with Q3 2025, it opened 3 new positions, sold out of 3 and reduced 1. The biggest buy was a new position in Alerian MLP ETF (AMLP) and the biggest sale an exit from MPLX (MPLX).
- Most Recent 13F
- Q2 2026
- Location
- Miami Beach, FL
- CIK
- 0001857581
- Portfolio Value
- $187.5M (Q4 2025)
- SEC Filing
- 0000919574-26-001011 ↗ filed Feb 17, 2026
Holdings Value
Holdings 18 stocks · $187.5M
| SPY SS SPDR S&P 500 ETF Trust-US | 32.55% | 89,500 | $61.0M | No change |
| VEU Vanguard Ftse All-World Ex-U | 16.01% | 408,000 | $30.0M | No change |
| RSP Invesco S&P 500 Equal Weight | 8.17% | 80,000 | $15.3M | No change |
| TLT iShares 20+ Year Treasury BD | 6.42% | 138,000 | $12.0M | No change |
| IVV iShares Core S&P 500 ETF | 6.21% | 17,000 | $11.6M | No change |
| EFA iShares MSCI Eafe ETF | 5.48% | 107,000 | $10.3M | No change |
| AMLP Alerian MLP ETF | 5.02% | 200,000 | $9.4M | New |
| NUV Nuveen Municipal Value | 4.83% | 1,000,000 | $9.1M | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 3.95% | 35,000 | $7.4M | No change |
| COWZ Pacer US Cash Cows 100 ETF | 3.21% | 100,000 | $6.0M | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 2.96% | 130,000 | $5.5M | No change |
| FXI iShares China Large-Cap ETF | 1.63% | 80,000 | $3.1M | No change |
| FISV Fiserv Inc. | 1.43% | 40,000 | $2.7M | New |
| IHRT Iheartmedia Inc. Class A | 1.00% | 450,000 | $1.9M | Reduce -30.8% |
| IEMG iShares Core MSCI Emerging | 0.54% | 15,000 | $1.0M | No change |
| WW WW International Inc.-New filed as WW INTL INC | 0.31% | 20,000 | $584K | No change |
| GECC Great Elm Capital Corp. | 0.19% | 50,000 | $352K | New |
| CBUS Cibus Inc. | 0.09% | 100,000 | $174K | No change |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 14 | $191.7M | SPY, VEU, RSP, TLT, EFA |
| Q1 2026 | 14 | $174.5M | SPY, VEU, RSP, TLT, AMLP |
| Q4 2025 | 18 | $187.5M | SPY, VEU, RSP, TLT, IVV |
| Q3 2025 | 18 | $188.3M | SPY, VEU, RSP, TLT, IVV |
| Q2 2025 | 17 | $179.1M | SPY, VEU, RSP, TLT, IVV |
| Q1 2025 | 21 | $185.5M | SPY, VEU, RSP, BKLN, TLT |
| Q4 2024 | 19 | $193.0M | SPY, IVV, VEU, BKLN, RSP |
| Q3 2024 | 23 | $193.3M | SPY, VEU, TLT, RSP, BKLN |
| Q2 2024 | 20 | $175.0M | SPY, VEU, TLT, RSP, NUV |
| Q1 2024 | 20 | $204.8M | SPY, TLT, VEU, RSP, IWM |