Kamunting Street Capital Management, L.P.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Kamunting Street Capital Management, L.P. reported 17 stock positions worth $134.4 million. Its top holding was Energy Transfer (ET) at 30.4% of the portfolio, followed by Enterprise Products Partners (EPD, 17.8%) and Amazon.com (AMZN, 12.5%). Compared with Q2 2025, it opened 9 new positions, sold out of 6, added to 4 and reduced 2. The biggest buy was a new position in Amazon.com (AMZN) and the biggest sale an exit from Alphabet Class A (GOOGL).
- Most Recent 13F
- Q2 2026
- Location
- MIAMI BEACH, FL
- CIK
- 0001317267
- Portfolio Value
- $134.4M (Q3 2025)
- SEC Filing
- 0000902664-25-005073 ↗ filed Nov 14, 2025
Holdings Value
Holdings 17 stocks · $134.4M
| ET Energy Transfer LP | 30.38% | 2,379,452 | $40.8M | Add +17.6% |
| EPD Enterprise Products Partners | 17.75% | 762,964 | $23.9M | Reduce -11.0% |
| AMZN Amazon.com Inc. | 12.47% | 76,317 | $16.8M | New |
| TGT Target Corp. | 10.75% | 161,140 | $14.5M | Add +74.2% |
| IBIT iShares Bitcoin Trust ETF | 7.51% | 155,181 | $10.1M | Reduce -24.4% |
| CNC Centene Corp. | 3.98% | 150,000 | $5.4M | New |
| RH RH | 3.78% | 25,000 | $5.1M | Add +91.4% |
| MRK Merck & Co. Inc. | 3.12% | 50,000 | $4.2M | Add +224.5% |
| UPS United Parcel Service Class B | 3.11% | 50,000 | $4.2M | New |
| NVDA Nvidia Corp. | 2.78% | 20,000 | $3.7M | New |
| META Meta Platforms Inc. Class A | 2.73% | 5,000 | $3.7M | New |
| CRM Salesforce Inc. | 0.88% | 5,000 | $1.2M | New |
| ADAG Adagene Inc.-ADR | 0.19% | 126,032 | $251K | No change |
| MU Micron Technology Inc. | 0.18% | 1,476 | $247K | New |
| RVLV Revolve Group Inc. Class A | 0.16% | 10,000 | $213K | No change |
| PCAP Procap Acquisition Corp. Class A | 0.15% | 20,000 | $205K | New |
| CEPF Cantor Equity Partners Class A | 0.08% | 10,000 | $102K | New |
Portfolio Sells Q2 2025 → Q3 2025
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −9.54 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −8.30 |
| GTLS Chart Industries Inc. | Sold out | 0.00% | −4.04 |
| EPD Enterprise Products Partners | Reduce -11.0% | 17.75% | −4.00 |
| IBIT iShares Bitcoin Trust ETF | Reduce -24.4% | 7.51% | −2.77 |
| CPRI Capri Holdings Ltd. | Sold out | 0.00% | −2.38 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −1.56 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −1.28 |
Portfolio Buys Q2 2025 → Q3 2025
| AMZN Amazon.com Inc. | New | 12.47% | +12.47 |
| CNC Centene Corp. | New | 3.98% | +3.98 |
| TGT Target Corp. | Add +74.2% | 10.75% | +3.29 |
| UPS United Parcel Service Class B | New | 3.11% | +3.11 |
| NVDA Nvidia Corp. | New | 2.78% | +2.78 |
| META Meta Platforms Inc. Class A | New | 2.73% | +2.73 |
| MRK Merck & Co. Inc. | Add +224.5% | 3.12% | +2.12 |
| RH RH | Add +91.4% | 3.78% | +1.76 |
| CRM Salesforce Inc. | New | 0.88% | +0.88 |
| ET Energy Transfer LP | Add +17.6% | 30.38% | +0.36 |
| MU Micron Technology Inc. | New | 0.18% | +0.18 |
| PCAP Procap Acquisition Corp. Class A | New | 0.15% | +0.15 |
| CEPF Cantor Equity Partners Class A | New | 0.08% | +0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 24 | $177.9M | EPD, ET, BX, TSM, META |
| Q1 2026 | 27 | $182.3M | ET, EPD, GOOGL, MU, AMZN |
| Q4 2025 | 18 | $146.6M | ET, EPD, AMZN, GOOGL, NVDA |
| Q3 2025 | 17 | $134.4M | ET, EPD, AMZN, TGT, IBIT |
| Q2 2025 | 14 | $122.2M | ET, EPD, IBIT, GOOGL, UNH |
| Q1 2025 | 15 | $149.2M | ET, GOOGL, EPD, TSM, META |
| Q4 2024 | 15 | $115.7M | ET, EPD, DVN, IBIT, BABA |
| Q3 2024 | 13 | $97.1M | ET, EPD, GOOGL, DVN, MU |
| Q2 2024 | 19 | $107.8M | EPD, ET, DVN, BABA, WBD |
| Q1 2024 | 16 | $102.5M | EPD, BABA, ET, NVDA, NEM |