Landscape Capital Management, L.L.C.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Landscape Capital Management, L.L.C. reported 684 stock positions worth $1.5 billion. Its top holding was Heico Class A (HEI.A) at 2.0% of the portfolio, followed by Monster Beverage (MNST, 1.8%) and SS SPDR S&P 500 ETF Trust-US (SPY, 1.7%). Compared with Q3 2025, it opened 327 new positions, sold out of 234, added to 149 and reduced 179. The biggest buy was a new position in SS SPDR S&P 500 ETF Trust-US (SPY) and the biggest sale an exit from iShares 1-3 Year Treasury Bo (SHY).
- Most Recent 13F
- Q2 2026
- Location
- Englewood, NJ
- CIK
- 0001536186
- Portfolio Value
- $1.5B (Q4 2025)
- SEC Filing
- 0000919574-26-000913 ↗ filed Feb 13, 2026
Holdings Value
Holdings 684 stocks · $1.5B
| HEI.A Heico Corp. Class A | 2.02% | 119,242 | $30.1M | Add +10.1% |
| MNST Monster Beverage Corp. | 1.75% | 340,995 | $26.1M | Reduce -2.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.66% | 36,318 | $24.8M | New |
| STZ Constellation Brands Inc. Class A | 1.22% | 131,470 | $18.1M | Add +29.3% |
| FOX Fox Corp. Class B | 1.20% | 275,000 | $17.9M | Add +3.4% |
| CAG Conagra Brands Inc. | 1.16% | 1,003,849 | $17.4M | Add +534.6% |
| SPHR Sphere Entertainment Co. | 1.08% | 169,100 | $16.1M | Reduce -30.5% |
| MO Altria Group Inc. | 1.00% | 257,779 | $14.9M | Reduce -4.7% |
| FISV Fiserv Inc. | 0.89% | 198,121 | $13.3M | New |
| CELH Celsius Holdings Inc. | 0.84% | 275,354 | $12.6M | New |
| AEO American Eagle Outfitters | 0.84% | 476,213 | $12.6M | Add +5.5% |
| TAP Molson Coors Beverage Co. Class B | 0.81% | 259,886 | $12.1M | Add +23.6% |
| DG Dollar General Corp. | 0.79% | 88,444 | $11.7M | New |
| ROL Rollins Inc. | 0.77% | 191,080 | $11.5M | Add +405.3% |
| AFRM Affirm Holdings Inc. | 0.67% | 134,385 | $10.0M | Reduce -11.8% |
| SMG Scotts Miracle-Gro Co. | 0.66% | 168,214 | $9.8M | Reduce -32.9% |
| CZR Caesars Entertainment Inc. | 0.65% | 415,632 | $9.7M | Add +123.5% |
| REAL The Realreal Inc. filed as THE REALREAL INC | 0.65% | 609,792 | $9.6M | Reduce -47.9% |
| VSXY Victoria's Secret & Co. | 0.64% | 177,423 | $9.6M | Add +47.5% |
| BRBR Bellring Brands Inc. | 0.64% | 354,938 | $9.5M | Reduce -35.0% |
| VIK Viking Holdings Ltd. | 0.62% | 129,558 | $9.3M | New |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.61% | 210,498 | $9.2M | Add +46.0% |
| MTCH Match Group Inc. | 0.61% | 282,105 | $9.1M | Add +38.9% |
| CMCSA Comcast Corp. Class A | 0.59% | 294,787 | $8.8M | Add +46.6% |
| BROS Dutch Bros Inc. Class A | 0.59% | 142,688 | $8.7M | New |
| RSI Rush Street Interactive Inc. | 0.58% | 442,958 | $8.6M | Reduce -15.8% |
| CRI Carter's Inc. | 0.57% | 261,931 | $8.5M | Reduce -11.1% |
| ASA ASA Gold and Precious Metals | 0.56% | 139,975 | $8.4M | No change |
| ROP Roper Technologies Inc. | 0.56% | 18,719 | $8.3M | Add +1831.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.55% | 18,054 | $8.2M | Add +72.2% |
| EXPE Expedia Group Inc. | 0.54% | 28,226 | $8.0M | Add +44.6% |
| NWSA News Corp. Class A | 0.53% | 300,000 | $7.8M | No change |
| PAYX Paychex Inc. | 0.52% | 69,501 | $7.8M | New |
| GIS General Mills Inc. | 0.52% | 167,475 | $7.8M | Add +72.6% |
| HRL Hormel Foods Corp. | 0.52% | 326,180 | $7.7M | Add +22.5% |
| JBLU Jetblue Airways Corp. | 0.52% | 1,688,335 | $7.7M | Add +75.8% |
| RBLX Roblox Corp. Class A | 0.51% | 93,546 | $7.6M | Add +37.3% |
| XLE SS Energy Select Sector | 0.50% | 166,068 | $7.4M | No change |
| ZTS Zoetis Inc. | 0.49% | 57,747 | $7.3M | Add +40.0% |
| TSN Tyson Foods Inc. Class A | 0.48% | 121,501 | $7.1M | Reduce -1.7% |
| JCI Johnson Controls Internation | 0.48% | 59,365 | $7.1M | Add +34.9% |
| CTAS Cintas Corp. | 0.47% | 37,273 | $7.0M | Add +233.6% |
| MUSA Murphy USA Inc. | 0.47% | 17,214 | $6.9M | New |
| GE General Electric filed as GE AEROSPACE | 0.46% | 22,205 | $6.8M | Add +1.7% |
| MU Micron Technology Inc. | 0.45% | 23,768 | $6.8M | Reduce -50.9% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.45% | 75,305 | $6.8M | New |
| TSCO Tractor Supply Company | 0.44% | 132,644 | $6.6M | Add +156.0% |
| SFIX Stitch Fix Inc. Class A | 0.43% | 1,230,124 | $6.5M | Add +49.0% |
| CPB The Campbell's Company | 0.43% | 230,274 | $6.4M | Add +51.3% |
| PCTY Paylocity Holding Corp. | 0.43% | 41,946 | $6.4M | Add +27.5% |
| ALRM Alarm.com Holdings Inc. | 0.43% | 124,763 | $6.4M | Reduce -1.2% |
| CVNA Carvana Co. | 0.42% | 14,802 | $6.2M | Add +124.7% |
| HD Home Depot Inc. | 0.42% | 18,045 | $6.2M | Add +100.0% |
| ORLY O'reilly Automotive Inc. | 0.41% | 67,468 | $6.2M | New |
| TTWO Take-Two Interactive Softwre | 0.41% | 23,749 | $6.1M | Add +46.2% |
| SN Sharkninja Inc. | 0.40% | 53,290 | $6.0M | New |
| IT Gartner Inc. | 0.40% | 23,389 | $5.9M | Reduce -8.2% |
| HWM Howmet Aerospace Inc. | 0.39% | 28,671 | $5.9M | Add +28.4% |
| PODD Insulet Corp. | 0.39% | 20,675 | $5.9M | New |
| WINA Winmark Corp. | 0.39% | 14,312 | $5.8M | Add +24.8% |
| BJRI Bj's Restaurants Inc. | 0.38% | 145,281 | $5.7M | New |
| WDC Western Digital Corp. | 0.38% | 33,031 | $5.7M | Reduce -53.5% |
| LMND Lemonade Inc. | 0.38% | 78,783 | $5.6M | New |
| UPS United Parcel Service Class B | 0.37% | 55,963 | $5.6M | Reduce -25.5% |
| KDP Keurig Dr Pepper Inc. | 0.37% | 194,777 | $5.5M | Add +1399.8% |
| CAL Caleres Inc. | 0.36% | 446,756 | $5.4M | Add +54.5% |
| ROOT Root Inc./Oh Class A | 0.36% | 73,463 | $5.3M | No change |
| TREX Trex Company Inc. | 0.35% | 150,553 | $5.3M | Add +342.3% |
| GWW WW Grainger Inc. | 0.35% | 5,223 | $5.3M | New |
| CMG Chipotle Mexican Grill Inc. | 0.35% | 139,915 | $5.2M | Add +17.2% |
| TDUP Thredup Inc. Class A | 0.34% | 800,110 | $5.1M | Add +2.3% |
| QCOM Qualcomm Inc. | 0.34% | 29,888 | $5.1M | Add +434.6% |
| CLF Cleveland-Cliffs Inc. | 0.34% | 383,334 | $5.1M | Add +165.7% |
| ALGT Allegiant Travel Co. | 0.34% | 59,005 | $5.0M | New |
| COHR Coherent Corp. | 0.33% | 26,845 | $5.0M | Add +83.4% |
| MRSH Marsh & McLennan Cos | 0.33% | 26,614 | $4.9M | Add +94.7% |
| LITE Lumentum Holdings Inc. | 0.33% | 13,390 | $4.9M | Add +335.9% |
| GOOGL Alphabet Inc. Class A | 0.33% | 15,766 | $4.9M | Reduce -53.9% |
| KMI Kinder Morgan Inc. | 0.33% | 178,288 | $4.9M | Add +774.4% |
| AMZN Amazon.com Inc. | 0.33% | 21,122 | $4.9M | Add +113.0% |
| CPRT Copart Inc. | 0.33% | 124,192 | $4.9M | New |
| UPST Upstart Holdings Inc. | 0.32% | 110,688 | $4.8M | Reduce -0.1% |
| TPR Tapestry Inc. | 0.32% | 37,806 | $4.8M | Add +251.8% |
| PII Polaris Inc. | 0.32% | 76,223 | $4.8M | New |
| BKE The Buckle Inc. | 0.32% | 89,806 | $4.8M | Reduce -9.2% |
| WELL Welltower Inc. | 0.32% | 25,759 | $4.8M | Reduce -59.4% |
| AMAT Applied Materials Inc. | 0.32% | 18,505 | $4.8M | Add +82.2% |
| WWW Wolverine World Wide Inc. | 0.31% | 257,119 | $4.7M | New |
| QSR Restaurant Brands Intern | 0.30% | 66,603 | $4.5M | Add +9.7% |
| QUBT Quantum Computing Inc. | 0.30% | 440,017 | $4.5M | New |
| DASH DoorDash Inc. Class A | 0.30% | 19,933 | $4.5M | Reduce -22.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.30% | 81,988 | $4.5M | New |
| ARMK Aramark | 0.30% | 121,188 | $4.5M | New |
| RVLV Revolve Group Inc. Class A | 0.30% | 146,943 | $4.4M | Reduce -38.9% |
| GLBE Global-E Online Ltd. | 0.30% | 112,779 | $4.4M | Reduce -0.6% |
| APH Amphenol Corp. Class A | 0.30% | 32,691 | $4.4M | Reduce -52.8% |
| CASY Casey's General Stores Inc. | 0.29% | 7,880 | $4.4M | New |
| FWONA Liberty Media Corp. Class A | 0.29% | 48,319 | $4.3M | Reduce -35.6% |
| MCO Moody's Corp. | 0.29% | 8,409 | $4.3M | Add +388.6% |
| IDXX Idexx Laboratories Inc. | 0.28% | 6,279 | $4.2M | New |
Other holdings (15): bonds, preferreds, convertibles and warrants · $69K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AFRIW Forafric Global PLC -CW27 | *W EXP 06/09/202 | 15,289 | $21K | No change |
| SHMDW Schmid Group NV -28 | *W EXP 04/30/202 | 12,999 | $19K | No change |
| ABVWF Above Food Ingredients- 29 | *W EXP 06/28/202 | 17,892 | $6K | No change |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 11,415 | $5K | No change |
| SCLXW Vickers Vantage Corp. I -CW27 | *W EXP 11/10/202 | 43,824 | $4K | No change |
| HPAIW Helport AI Ltd. -29 | *W EXP 03/31/202 | 19,149 | $3K | No change |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 24,063 | $3K | No change |
| SDAWW Suncar Technology Group -28 | *W EXP 05/17/202 | 63,818 | $3K | Reduce -9.7% |
| SPWRW Sunpower Inc.-CW27 | *W EXP 07/31/202 | 10,628 | $3K | No change |
| VGASW Cenaq Energy Corp. Class A -CW27 | *W EXP 02/15/202 | 10,196 | $839 | No change |
| ESLAW Tradeup Acquisition Corp.-CW | *W EXP 09/29/202 | 13,682 | $684 | No change |
| COEPW Bull Horn Holdings Corp.-CW25 | *W EXP 10/28/202 | 32,045 | $346 | No change |
| ICUCW LMF Acquisition Opp -A -CW26 | *W EXP 10/28/202 | 18,271 | $207 | No change |
| CPTWF Captivision Inc.-28 | *W EXP 11/15/202 | 12,837 | $166 | No change |
| MLECW Moolec Science SA | *W EXP 01/30/202 | 21,436 | $124 | No change |
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q3 2025 → Q4 2025
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −3.07 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −1.24 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −1.05 |
| BF.B Brown-Forman Corp. Class B | Reduce -86.0% | 0.12% | −0.75 |
| TEM Tempus AI Inc. Class A | Sold out | 0.00% | −0.70 |
| BRBR Bellring Brands Inc. | Reduce -35.0% | 0.64% | −0.62 |
| ORCL Oracle Corp. | Reduce -93.4% | 0.03% | −0.61 |
| CLX Clorox Company | Sold out | 0.00% | −0.60 |
| RMD Resmed Inc. | Reduce -67.1% | 0.26% | −0.59 |
| SJM The JM Smucker Co. | Reduce -66.0% | 0.28% | −0.59 |
| WMT Walmart Inc. | Reduce -71.6% | 0.27% | −0.56 |
| CABO Cable One Inc. | Sold out | 0.00% | −0.52 |
| UBER Uber Technologies Inc. | Reduce -61.3% | 0.27% | −0.51 |
| CVS CVS Health Corp. | Reduce -89.9% | 0.06% | −0.47 |
| ALGN Align Technology Inc. | Reduce -92.3% | 0.05% | −0.45 |
| ADBE Adobe Inc. | Reduce -77.4% | 0.14% | −0.44 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.44 |
| FCFS Firstcash Holdings Inc. | Sold out | 0.00% | −0.44 |
| BBW Build-A-Bear Workshop Inc. | Sold out | 0.00% | −0.44 |
| CHDN Churchill Downs Inc. | Sold out | 0.00% | −0.40 |
| WRBY Warby Parker Inc. Class A | Sold out | 0.00% | −0.40 |
| WELL Welltower Inc. | Reduce -59.4% | 0.32% | −0.40 |
| AXP American Express Co. | Sold out | 0.00% | −0.39 |
| ELAN Elanco Animal Health Inc. | Sold out | 0.00% | −0.38 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.38 |
| WDAY Workday Inc. Class A | Reduce -89.4% | 0.04% | −0.37 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.37 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.37 |
| BFAM Bright Horizons Family Solut | Reduce -82.0% | 0.08% | −0.35 |
| TMUS T-Mobile US Inc. | Reduce -70.0% | 0.13% | −0.34 |
| SMPL The Simply Good Foods Co. | Sold out | 0.00% | −0.32 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.31 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.31 |
| MRVL Marvell Technology Inc. | Reduce -94.5% | 0.02% | −0.31 |
| CUK Carnival PLC-ADR | Reduce -82.7% | 0.08% | −0.30 |
| SHAK Shake Shack Inc. Class A | Sold out | 0.00% | −0.30 |
| CCD Calamos DYN Convert & Inc. | Reduce -58.9% | 0.22% | −0.30 |
| SRE Sempra | Sold out | 0.00% | −0.29 |
| NYT New York Times Co. Class A | Reduce -68.7% | 0.19% | −0.29 |
| VITL Vital Farms Inc. | Sold out | 0.00% | −0.28 |
| ALK Alaska Air Group Inc. | Sold out | 0.00% | −0.28 |
| CCI Crown Castle Inc. | Reduce -89.1% | 0.03% | −0.25 |
| BOOT Boot Barn Holdings Inc. | Reduce -61.4% | 0.19% | −0.25 |
| RBRK Rubrik Inc. Class A | Sold out | 0.00% | −0.25 |
| SMG Scotts Miracle-Gro Co. | Reduce -32.9% | 0.66% | −0.25 |
| APH Amphenol Corp. Class A | Reduce -52.8% | 0.30% | −0.25 |
| META Meta Platforms Inc. Class A | Reduce -59.2% | 0.16% | −0.25 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.24 |
| NCLH Norwegian Cruise Line Holdin | Reduce -93.9% | 0.01% | −0.24 |
| ERIE Erie Indemnity Company Class A | Sold out | 0.00% | −0.24 |
Portfolio Buys Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | New | 1.66% | +1.66 |
| CAG Conagra Brands Inc. | Add +534.6% | 1.16% | +0.98 |
| FISV Fiserv Inc. | New | 0.89% | +0.89 |
| CELH Celsius Holdings Inc. | New | 0.84% | +0.84 |
| DG Dollar General Corp. | New | 0.79% | +0.79 |
| ROL Rollins Inc. | Add +405.3% | 0.77% | +0.63 |
| VIK Viking Holdings Ltd. | New | 0.62% | +0.62 |
| BROS Dutch Bros Inc. Class A | New | 0.59% | +0.59 |
| ROP Roper Technologies Inc. | Add +1831.8% | 0.56% | +0.53 |
| PAYX Paychex Inc. | New | 0.52% | +0.52 |
| MUSA Murphy USA Inc. | New | 0.47% | +0.47 |
| BJ Bj's Wholesale Club Holdings | New | 0.45% | +0.45 |
| VSXY Victoria's Secret & Co. | Add +47.5% | 0.64% | +0.44 |
| ORLY O'reilly Automotive Inc. | New | 0.41% | +0.41 |
| SN Sharkninja Inc. | New | 0.40% | +0.40 |
| PODD Insulet Corp. | New | 0.39% | +0.39 |
| BJRI Bj's Restaurants Inc. | New | 0.38% | +0.38 |
| LMND Lemonade Inc. | New | 0.38% | +0.38 |
| GWW WW Grainger Inc. | New | 0.35% | +0.35 |
| AEO American Eagle Outfitters | Add +5.5% | 0.84% | +0.35 |
| STZ Constellation Brands Inc. Class A | Add +29.3% | 1.22% | +0.35 |
| KDP Keurig Dr Pepper Inc. | Add +1399.8% | 0.37% | +0.34 |
| ALGT Allegiant Travel Co. | New | 0.34% | +0.34 |
| CZR Caesars Entertainment Inc. | Add +123.5% | 0.65% | +0.33 |
| CPRT Copart Inc. | New | 0.33% | +0.33 |
| CTAS Cintas Corp. | Add +233.6% | 0.47% | +0.32 |
| PII Polaris Inc. | New | 0.32% | +0.32 |
| WWW Wolverine World Wide Inc. | New | 0.31% | +0.31 |
| QUBT Quantum Computing Inc. | New | 0.30% | +0.30 |
| BAC Bank of America Corp. | New | 0.30% | +0.30 |
| ARMK Aramark | New | 0.30% | +0.30 |
| LITE Lumentum Holdings Inc. | Add +335.9% | 0.33% | +0.30 |
| CASY Casey's General Stores Inc. | New | 0.29% | +0.29 |
| KMI Kinder Morgan Inc. | Add +774.4% | 0.33% | +0.29 |
| VRTX Vertex Pharmaceuticals Inc. | Add +72.2% | 0.55% | +0.29 |
| IDXX Idexx Laboratories Inc. | New | 0.28% | +0.28 |
| QCOM Qualcomm Inc. | Add +434.6% | 0.34% | +0.28 |
| HEI.A Heico Corp. Class A | Add +10.1% | 2.02% | +0.27 |
| ABVX Abivax SA-ADR | New | 0.27% | +0.27 |
| EXPE Expedia Group Inc. | Add +44.6% | 0.54% | +0.27 |
| CVNA Carvana Co. | Add +124.7% | 0.42% | +0.26 |
| TSCO Tractor Supply Company | Add +156.0% | 0.44% | +0.26 |
| CROX Crocs Inc. | New | 0.25% | +0.25 |
| DUOL Duolingo | New | 0.25% | +0.25 |
| V Visa Inc. Class A | Add +1232.8% | 0.27% | +0.25 |
| VTRS Viatris Inc. | New | 0.25% | +0.25 |
| TPR Tapestry Inc. | Add +251.8% | 0.32% | +0.25 |
| TREX Trex Company Inc. | Add +342.3% | 0.35% | +0.24 |
| CL Colgate-Palmolive Co. | New | 0.24% | +0.24 |
| MCO Moody's Corp. | Add +388.6% | 0.29% | +0.24 |
Notes & Other Activity Q3 2025 → Q4 2025
| SDAWW Suncar Technology Group -28 | *W EXP 05/17/202 | Reduce -9.7% | 63,818 | $3K |
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 | 623 | $1.5B | TLT, HEI.A, STZ, SMH, MO |
| Q1 2026 | 701 | $1.6B | HEI.A, STZ, XLE, MO, AAPL |
| Q4 2025 | 684 | $1.5B | HEI.A, MNST, SPY, STZ, FOX |
| Q3 2025 | 591 | $1.6B | SHY, HEI.A, MNST, BRBR, IBIT |
| Q2 2025 | 625 | $1.3B | IBIT, HEI.A, FBTC, AFRM, ELF |
| Q1 2025 | 601 | $1.1B | HEI.A, IBIT, FBTC, ROOT, MNST |
| Q4 2024 | 684 | $942.6M | FBTC, SHY, HEI.A, RA, IBIT |
| Q3 2024 | 616 | $983.1M | FBTC, HEI.A, RA, IFN, IBIT |
| Q2 2024 | 658 | $1.2B | FBTC, HEI.A, ELF, RA, ANF |
| Q1 2024 | 683 | $1.1B | SHY, HEI.A, RA, CHD, FISV |