Karl Kapital LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Karl Kapital LLC reported 25 stock positions worth $167.9 million. Its top holding was Compass Class A (COMP) at 8.8% of the portfolio, followed by Encore Capital (ECPG, 7.8%) and Flywire Corp.-Voting (FLYW, 7.1%). Compared with Q1 2026, it opened 11 new positions, sold out of 8, added to 7 and reduced 7. The biggest buy was a new position in Compass Class A (COMP) and the biggest sale an exit from S&P Global (SPGI).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0002058849
- Portfolio Value
- $167.9M (Q2 2026)
- SEC Filing
- 0001214659-26-010371 ↗ filed Aug 14, 2026
Holdings Value
Holdings 25 stocks · $167.9M
| COMP Compass Inc. Class A | 8.83% | 1,202,967 | $14.8M | New |
| ECPG Encore Capital Group Inc. | 7.75% | 139,536 | $13.0M | Reduce -37.3% |
| FLYW Flywire Corp.-Voting | 7.13% | 681,049 | $12.0M | Reduce -32.2% |
| COF Capital One Financial Corp. | 6.13% | 51,276 | $10.3M | Reduce -7.7% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 4.65% | 56,636 | $7.8M | New |
| SEIC Sei Investments Company | 4.64% | 88,816 | $7.8M | Add +23.1% |
| UMBF Umb Financial Corp. | 4.42% | 52,019 | $7.4M | Reduce -16.5% |
| VLY Valley National Bancorp | 4.28% | 490,651 | $7.2M | Add +21.5% |
| V Visa Inc. Class A | 4.27% | 20,877 | $7.2M | Add +20.8% |
| SGI Somnigroup International Inc. | 4.17% | 89,395 | $7.0M | New |
| PRG Prog Holdings Inc. | 3.98% | 143,375 | $6.7M | New |
| WT Wisdomtree Inc. | 3.86% | 382,391 | $6.5M | New |
| LPLA LPL Financial Holdings Inc. | 3.80% | 22,675 | $6.4M | Add +26.0% |
| BULL Webull Corp. | 3.64% | 936,592 | $6.1M | New |
| ICE Intercontinental Exchange Inc. | 3.52% | 47,952 | $5.9M | Add +52.1% |
| SKWD Skyward Specialty Insurance | 3.26% | 93,911 | $5.5M | Reduce -62.8% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 3.06% | 54,843 | $5.1M | Add +14.4% |
| PGR Progressive Corp. | 2.93% | 22,529 | $4.9M | Reduce -7.9% |
| FBIN Fortune Brands Innovations I | 2.80% | 85,703 | $4.7M | New |
| AFRM Affirm Holdings Inc. | 2.74% | 56,496 | $4.6M | Reduce -59.7% |
| CCS Century Communities Inc. | 2.63% | 61,651 | $4.4M | Add +3.9% |
| VIRT Virtu Financial Inc. Class A | 2.27% | 63,941 | $3.8M | New |
| EQIX Equinix Inc. | 2.06% | 3,323 | $3.5M | New |
| DHI D.R. Horton Inc. | 1.92% | 19,843 | $3.2M | New |
| COOK Traeger Inc. | 1.25% | 26,629 | $2.1M | New |
Portfolio Sells Q1 2026 → Q2 2026
| SPGI S&P Global Inc. | Sold out | 0.00% | −5.31 |
| UWMC Uwm Holdings Corp. | Sold out | 0.00% | −5.05 |
| SKWD Skyward Specialty Insurance | Reduce -62.8% | 3.26% | −4.37 |
| RKT Rocket Cos Inc. Class A | Sold out | 0.00% | −3.40 |
| AAMI Acadian Asset Management Inc. | Sold out | 0.00% | −3.39 |
| RPC Ridgepost Capital Inc. Class A | Sold out | 0.00% | −3.27 |
| ENVA Enova International Inc. | Sold out | 0.00% | −3.26 |
| ECPG Encore Capital Group Inc. | Reduce -37.3% | 7.75% | −3.06 |
| BGC BGC Group Inc. Class A | Sold out | 0.00% | −2.60 |
| UBS UBS Group AG-Reg | Sold out | 0.00% | −2.41 |
| AFRM Affirm Holdings Inc. | Reduce -59.7% | 2.74% | −1.71 |
| FLYW Flywire Corp.-Voting | Reduce -32.2% | 7.13% | −0.97 |
| COF Capital One Financial Corp. | Reduce -7.7% | 6.13% | −0.89 |
| UMBF Umb Financial Corp. | Reduce -16.5% | 4.42% | −0.45 |
| PGR Progressive Corp. | Reduce -7.9% | 2.93% | −0.43 |
Portfolio Buys Q1 2026 → Q2 2026
| COMP Compass Inc. Class A | New | 8.83% | +8.83 |
| JKHY Jack Henry & Associates Inc. | New | 4.65% | +4.65 |
| SGI Somnigroup International Inc. | New | 4.17% | +4.17 |
| PRG Prog Holdings Inc. | New | 3.98% | +3.98 |
| WT Wisdomtree Inc. | New | 3.86% | +3.86 |
| BULL Webull Corp. | New | 3.64% | +3.64 |
| FBIN Fortune Brands Innovations I | New | 2.80% | +2.80 |
| VIRT Virtu Financial Inc. Class A | New | 2.27% | +2.27 |
| EQIX Equinix Inc. | New | 2.06% | +2.06 |
| DHI D.R. Horton Inc. | New | 1.92% | +1.92 |
| COOK Traeger Inc. | New | 1.25% | +1.25 |
| VLY Valley National Bancorp | Add +21.5% | 4.28% | +0.85 |
| SEIC Sei Investments Company | Add +23.1% | 4.64% | +0.72 |
| V Visa Inc. Class A | Add +20.8% | 4.27% | +0.65 |
| CCS Century Communities Inc. | Add +3.9% | 2.63% | +0.27 |
| ICE Intercontinental Exchange Inc. | Add +52.1% | 3.52% | +0.08 |
| LPLA LPL Financial Holdings Inc. | Add +26.0% | 3.80% | +0.05 |
| FUTU Futu Holdings Ltd.-ADR | Add +14.4% | 3.06% | −1.48 |