Lavelle Capital LP

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 22, 2026), Lavelle Capital LP reported 75 stock positions worth $196.7 million. Its top holding was Tesla (TSLA) at 19.6% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 13.4%) and Meta Platforms Class A (META, 7.9%). Compared with Q1 2026, it opened 12 new positions, sold out of 7, added to 20 and reduced 7. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +1532%) and the biggest sale an exit from JPM Ultra-Short Muni Income (JMST).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0002136566
Portfolio Value
$196.7M (Q2 2026)
SEC Filing
0001172661-26-002745 ↗ filed Jul 22, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2025: $157.8M Q4 2025 Q1 2026: $161.1M Q1 2026 Q2 2026: $196.7M $196.7M Q2 2026

Holdings 75 stocks · $196.7M
TSLA Tesla Inc. 19.60% 91,628 $38.5M Add +30.9%
SPY SS SPDR S&P 500 ETF Trust-US 13.44% 35,407 $26.4M Reduce -0.1%
META Meta Platforms Inc. Class A 7.95% 27,753 $15.6M Reduce -4.0%
BIL SS SPDR BB 1-3M T-Bill ETF 5.82% 124,881 $11.4M Add +1532.4%
VOO Vanguard S&P 500 ETF 5.34% 15,286 $10.5M No change
GOOGL Alphabet Inc. Class A 4.52% 24,895 $8.9M Add +5.6%
GOOG Alphabet Inc. Class C 3.98% 22,176 $7.8M Add +5.3%
CBRS Cerebras Systems Inc. Class A 2.73% 24,270 $5.4M New
URTH iShares MSCI World ETF 2.65% 25,688 $5.2M No change
VT Vanguard Tot World STK ETF 1.95% 24,485 $3.8M Add +0.2%
BRK.A Berkshire Hathaway Inc. Class A 1.90% 5 $3.7M No change
IWR iShares Russell Mid-Cap ETF 1.24% 22,163 $2.4M No change
CSCO Cisco Systems Inc. 1.19% 20,000 $2.3M New
GLD SPDR Gold Shares 1.09% 5,813 $2.1M No change
FRSH Freshworks Inc. Class A 1.05% 204,175 $2.1M Add +34.7%
VB Vanguard Most SM-Cap ETF-Usd 0.99% 6,455 $2.0M Add +0.1%
VEA Vanguard Ftse Developed ETF 0.97% 26,854 $1.9M Reduce -0.1%
NVDA Nvidia Corp. 0.95% 9,341 $1.9M Reduce -19.2%
AAPL Apple Inc. 0.90% 6,088 $1.8M Add +0.7%
TSM Taiwan Semiconductor-SP ADR 0.85% 3,494 $1.7M Reduce -13.5%
BILL Bill Holdings Inc. 0.84% 45,640 $1.7M No change
XLV SS Health Care Select Sector 0.81% 10,088 $1.6M No change
AMZN Amazon.com Inc. 0.79% 6,531 $1.6M Add +282.8%
TOST Toast Inc. Class A 0.78% 55,000 $1.5M No change
IVV iShares Core S&P 500 ETF 0.76% 2,000 $1.5M No change
WDAY Workday Inc. Class A 0.71% 11,411 $1.4M Add +59.8%
BL Blackline Inc. 0.70% 49,181 $1.4M Add +205.1%
AGG iShares Core U.S. Aggregate 0.68% 13,487 $1.3M No change
KBA Kraneshares Bosera MSCI Chin 0.66% 37,584 $1.3M New
BRK.B Berkshire Hathaway Inc. Class B 0.64% 2,514 $1.3M No change
CRCL Circle Internet Group Inc. 0.64% 20,000 $1.3M No change
SMWB Similarweb Ltd. 0.63% 202,727 $1.2M No change
HUBS HubSpot Inc. 0.59% 6,388 $1.2M No change
CRM Salesforce Inc. 0.54% 6,823 $1.1M Add +25.6%
ET Energy Transfer LP 0.54% 55,239 $1.1M Add +1.5%
MSFT Microsoft Corp. 0.54% 2,823 $1.1M Add +0.0%
GS Goldman Sachs Group Inc. 0.50% 981 $992K Reduce -4.8%
EPD Enterprise Products Partners 0.48% 25,462 $936K Add +0.3%
ALKT Alkami Technology Inc. 0.45% 48,658 $882K No change
SPT Sprout Social Inc. Class A 0.42% 110,500 $834K No change
RSP Invesco S&P 500 Equal Weight 0.42% 3,919 $834K Add +0.2%
ACWX iShares MSCI Acwi Ex US ETF 0.42% 10,733 $817K No change
OEF iShares S&P 100 ETF 0.41% 2,195 $803K Add +0.1%
KVYO Klaviyo Inc. Class A 0.39% 51,100 $772K No change
PFE Pfizer Inc. 0.37% 30,000 $722K No change
WK Workiva Inc. 0.37% 14,805 $718K No change
NOW ServiceNow Inc. 0.34% 6,658 $661K New
AXP American Express Co. 0.34% 1,950 $660K New
V Visa Inc. Class A 0.32% 1,844 $633K No change
XLF SS Financial Select Sector 0.30% 11,133 $597K No change
COST Costco Wholesale Corp. 0.30% 633 $592K No change
IWM iShares Russell 2000 ETF 0.28% 1,806 $543K No change
CXM Sprinklr Inc. Class A 0.27% 101,215 $522K No change
LAW CS Disco Inc. 0.26% 135,136 $511K New
BA The Boeing Co. 0.26% 2,330 $504K New
BLLN Billiontoone Inc. Class A 0.25% 4,086 $490K New
NOBL Proshares S&P 500 Dividend A 0.25% 8,648 $486K Add +0.3%
BAC Bank of America Corp. 0.24% 8,345 $475K Add +0.5%
MAR Marriott International Class A 0.23% 1,235 $458K New
AVGO Broadcom Inc. 0.23% 1,186 $448K No change
MCK McKesson Corp. 0.19% 493 $373K Add +7.2%
IAU iShares Gold Trust 0.18% 4,751 $359K No change
PDI PIMCO Dynamic Income Fund 0.18% 20,967 $350K No change
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.17% 172 $342K No change
BABA Alibaba Group Holding-SP ADR 0.16% 3,350 $322K No change
LRCX Lam Research Corp. 0.15% 666 $289K New
SAN Banco Santander SA-Spon ADR 0.14% 20,515 $283K No change
EAGL Eagle Capital Select Eqty 0.14% 8,396 $270K No change
DE Deere & Co. 0.12% 387 $245K No change
GTM Zoominfo Technologies Inc. 0.12% 83,085 $243K No change
EUAD Select Stoxx Eur Aer DE ETF 0.11% 5,257 $222K Reduce -61.3%
IEFA iShares Core MSCI Eafe ETF 0.11% 2,211 $214K No change
BBVA Banco Bilbao Vizcaya-SP ADR 0.11% 8,271 $207K New
MU Micron Technology Inc. 0.03% 57 $66K New
EXFY Expensify Inc. Class A 0.02% 20,000 $36K No change

Options reported separately and not counted above: MU calls ($34.6M), TSM puts ($764K).

Portfolio Sells Q1 2026 → Q2 2026
JMST JPM Ultra-Short Muni Income Sold out 0.00% −2.48
META Meta Platforms Inc. Class A Reduce -4.0% 7.95% −2.32
MSTR Strategy Inc. Sold out 0.00% −1.93
JMUB JPMorgan Municipal ETF Sold out 0.00% −1.25
JPST JPMorgan Ultra-Short Income Sold out 0.00% −1.24
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.1% 13.44% −0.86
KTEC Kraneshares Hang Seng Tech Sold out 0.00% −0.70
FROG Jfrog Ltd. Sold out 0.00% −0.65
NVDA Nvidia Corp. Reduce -19.2% 0.95% −0.30
EUAD Select Stoxx Eur Aer DE ETF Reduce -61.3% 0.11% −0.23
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.17
VEA Vanguard Ftse Developed ETF Reduce -0.1% 0.97% −0.10
GS Goldman Sachs Group Inc. Reduce -4.8% 0.50% −0.04
TSM Taiwan Semiconductor-SP ADR Reduce -13.5% 0.85% +0.00

Portfolio Buys Q1 2026 → Q2 2026
BIL SS SPDR BB 1-3M T-Bill ETF Add +1532.4% 5.82% +5.38
TSLA Tesla Inc. Add +30.9% 19.60% +3.44
CBRS Cerebras Systems Inc. Class A New 2.73% +2.73
CSCO Cisco Systems Inc. New 1.19% +1.19
KBA Kraneshares Bosera MSCI Chin New 0.66% +0.66
AMZN Amazon.com Inc. Add +282.8% 0.79% +0.57
NOW ServiceNow Inc. New 0.34% +0.34
AXP American Express Co. New 0.34% +0.34
BL Blackline Inc. Add +205.1% 0.70% +0.33
GOOGL Alphabet Inc. Class A Add +5.6% 4.52% +0.32
FRSH Freshworks Inc. Class A Add +34.7% 1.05% +0.30
LAW CS Disco Inc. New 0.26% +0.26
BA The Boeing Co. New 0.26% +0.26
BLLN Billiontoone Inc. Class A New 0.25% +0.25
GOOG Alphabet Inc. Class C Add +5.3% 3.98% +0.23
MAR Marriott International Class A New 0.23% +0.23
LRCX Lam Research Corp. New 0.15% +0.15
WDAY Workday Inc. Class A Add +59.8% 0.71% +0.13
BBVA Banco Bilbao Vizcaya-SP ADR New 0.11% +0.11
MU Micron Technology Inc. New 0.03% +0.03
BAC Bank of America Corp. Add +0.5% 0.24% −0.01
OEF iShares S&P 100 ETF Add +0.1% 0.41% −0.02
NOBL Proshares S&P 500 Dividend A Add +0.3% 0.25% −0.04
RSP Invesco S&P 500 Equal Weight Add +0.2% 0.42% −0.04
VB Vanguard Most SM-Cap ETF-Usd Add +0.1% 0.99% −0.05
AAPL Apple Inc. Add +0.7% 0.90% −0.06
MCK McKesson Corp. Add +7.2% 0.19% −0.06
CRM Salesforce Inc. Add +25.6% 0.54% −0.09
MSFT Microsoft Corp. Add +0.0% 0.54% −0.11
ET Energy Transfer LP Add +1.5% 0.54% −0.11
EPD Enterprise Products Partners Add +0.3% 0.48% −0.12
VT Vanguard Tot World STK ETF Add +0.2% 1.95% −0.14

Options Activity Q1 2026 → Q2 2026
MU Micron Technology Inc. call New 30,000 $34.6M
TSM Taiwan Semiconductor-SP ADR put New 1,600 $764K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 75$196.7MTSLA, SPY, META, BIL, VOO
Q1 2026 70$161.1MTSLA, SPY, META, VOO, GOOGL
Q4 2025 89$157.8MSPY, MSTR, VOO, GOOGL, WCLD