Massar Capital Management, LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Massar Capital Management, LP reported 111 stock positions worth $83.4 million. Its top holding was iShares MSCI Brazil ETF (EWZ) at 16.6% of the portfolio, followed by iShares MSCI Mexico ETF (EWW, 9.2%) and Roundhill Magnificent Seven (MAGS, 5.4%). Compared with Q4 2024, it opened 111 new positions and sold out of 47. The biggest buy was a new position in iShares MSCI Brazil ETF (EWZ) and the biggest sale an exit from Moderna (MRNA).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0002037238
- Portfolio Value
- $83.4M (Q1 2025)
- SEC Filing
- 0001085146-25-003177 ↗ filed May 15, 2025
Holdings Value
Holdings 111 stocks · $83.4M
| EWZ iShares MSCI Brazil ETF | 16.58% | 535,000 | $13.8M | New |
| EWW iShares MSCI Mexico ETF | 9.22% | 151,000 | $7.7M | New |
| MAGS Roundhill Magnificent Seven | 5.39% | 98,000 | $4.5M | New |
| INTC Intel Corp. | 4.08% | 150,000 | $3.4M | New |
| CCIR Cohen Circle Acquisitio Class A | 3.23% | 240,000 | $2.7M | New |
| XBI SS SPDR S&P Biotech ETF | 2.33% | 24,000 | $1.9M | New |
| HON Honeywell International Inc. | 1.90% | 7,500 | $1.6M | New |
| RSP Invesco S&P 500 Equal Weight | 1.88% | 9,055 | $1.6M | New |
| SBSW Sibanye-Stillwater Ltd.-ADR | 1.70% | 310,000 | $1.4M | New |
| ACHR Archer Aviation Inc. Class A | 1.62% | 190,000 | $1.4M | New |
| STNE Stoneco Ltd. Class A | 1.57% | 125,000 | $1.3M | New |
| BA The Boeing Co. | 1.53% | 7,504 | $1.3M | New |
| HWM Howmet Aerospace Inc. | 1.50% | 9,646 | $1.3M | New |
| COLO Global X MSCI Colombia ETF | 1.32% | 40,000 | $1.1M | New |
| UPS United Parcel Service Class B | 1.30% | 9,867 | $1.1M | New |
| NE Noble Corp. PLC | 1.28% | 45,000 | $1.1M | New |
| BANCOLOMBIA S.A.-SPONS ADR | 1.25% | 26,000 | $1.0M | New |
| KMI Kinder Morgan Inc. | 1.16% | 33,906 | $967K | New |
| LNG Cheniere Energy Inc. | 1.13% | 4,064 | $940K | New |
| STIM Neuronetics Inc. | 1.10% | 250,000 | $920K | New |
| GEO The Geo Group Inc. | 1.05% | 30,000 | $876K | New |
| CLPT Clearpoint Neuro Inc. | 1.00% | 70,000 | $832K | New |
| PALL Abrdn Physical Palladium SHS | 0.98% | 9,000 | $815K | New |
| SCCO Southern Copper Corp. | 0.95% | 8,500 | $794K | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.95% | 8,000 | $790K | New |
| FMX Fomento Economico Mex-SP ADR | 0.94% | 8,000 | $781K | New |
| SU Suncor Energy Inc. | 0.93% | 20,000 | $774K | New |
| BLBD Blue Bird Corp. | 0.89% | 23,000 | $745K | New |
| GOOGL Alphabet Inc. Class A | 0.89% | 4,800 | $742K | New |
| ODD Oddity Tech Ltd. Class A | 0.88% | 17,000 | $735K | New |
| MBLY Mobileye Global Inc. Class A | 0.86% | 50,000 | $720K | New |
| LYFT LYFT Inc. Class A | 0.85% | 60,000 | $712K | New |
| COIN Coinbase Global Inc. Class A | 0.83% | 4,000 | $689K | New |
| LEN Lennar Corp. Class A | 0.83% | 6,000 | $689K | New |
| BIDU Baidu Inc. - Spon ADR | 0.77% | 7,000 | $644K | New |
| BRO Brown & Brown Inc. | 0.73% | 4,900 | $610K | New |
| VNM Vaneck Vietnam ETF | 0.72% | 47,900 | $598K | New |
| IBIT iShares Bitcoin Trust ETF | 0.71% | 12,640 | $592K | New |
| COLOMBIER ACQUISITION CORP | 0.70% | 55,000 | $586K | New |
| AR Antero Resources Corp. | 0.70% | 14,443 | $584K | New |
| CORZ Core Scientific Inc. | 0.69% | 80,000 | $579K | New |
| CEE Central and Eastern Europe F | 0.69% | 40,000 | $577K | New |
| FSLR First Solar Inc. | 0.67% | 4,411 | $558K | New |
| OSCR Oscar Health Inc. Class A | 0.64% | 40,454 | $530K | New |
| EOG EOG Resources Inc. | 0.60% | 3,929 | $504K | New |
| OUST Ouster Inc. | 0.54% | 50,000 | $449K | New |
| MRVI Maravai Lifesciences Hldgs-A | 0.53% | 200,000 | $442K | New |
| RIVN Rivian Automotive Inc. Class A | 0.52% | 35,000 | $436K | New |
| VAL Valaris Ltd. | 0.52% | 11,000 | $432K | New |
| QURE Uniqure NV | 0.51% | 40,000 | $424K | New |
| GRVY Gravity Co. Ltd.-Sponsored ADR | 0.51% | 7,000 | $424K | New |
| EC Ecopetrol SA-Sponsored ADR | 0.50% | 40,000 | $418K | New |
| FCX Freeport-McMoran Inc. | 0.50% | 11,000 | $416K | New |
| APO Apollo Global Management Inc. | 0.49% | 3,000 | $411K | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.49% | 40,000 | $410K | New |
| VALE Vale SA-SP ADR | 0.48% | 40,000 | $399K | New |
| PBR Petroleo Brasileiro-Spon ADR | 0.47% | 27,500 | $394K | New |
| TDOC Teladoc Health Inc. | 0.46% | 47,825 | $381K | New |
| SOC Sable Offshore Corp. | 0.46% | 15,000 | $381K | New |
| CRM Salesforce Inc. | 0.45% | 1,400 | $376K | New |
| MGNI Magnite Inc. | 0.44% | 32,144 | $367K | New |
| TKNO Alpha Teknova Inc. | 0.44% | 70,000 | $363K | New |
| AVAL Grupo Aval Acciones Y Valore | 0.43% | 130,000 | $355K | New |
| AIR Aar Corp. | 0.40% | 6,000 | $336K | New |
| NOTVQ Inotiv Inc. | 0.40% | 150,000 | $332K | New |
| MNDY Monday.com Ltd. | 0.36% | 1,251 | $304K | New |
| QTRX Quanterix Corp. | 0.36% | 46,000 | $299K | New |
| BCH Banco DE Chile-ADR | 0.35% | 11,000 | $291K | New |
| GENI Genius Sports Ltd. | 0.35% | 28,907 | $289K | New |
| TALK Talkspace Inc. | 0.35% | 112,882 | $289K | New |
| BABA Alibaba Group Holding-SP ADR | 0.32% | 2,000 | $264K | New |
| THC Tenet Healthcare Corp. | 0.30% | 1,850 | $249K | New |
| ENPH Enphase Energy Inc. | 0.30% | 3,979 | $247K | New |
| CVRX CVRX Inc. | 0.29% | 20,000 | $245K | New |
| AMSC American Superconductor Corp. | 0.29% | 13,397 | $243K | New |
| CRL Charles River Laboratories | 0.29% | 1,600 | $241K | New |
| SRAD Sportradar Group AG-A | 0.29% | 11,000 | $238K | New |
| FOA Finance of America Cos Inc. Class A | 0.28% | 11,000 | $234K | New |
| CTSH Cognizant Tech Solutions-A | 0.28% | 3,049 | $233K | New |
| LBRT Liberty Energy Inc. | 0.26% | 13,845 | $219K | New |
| ARQT Arcutis Biotherapeutics Inc. | 0.26% | 14,000 | $219K | New |
| ESOA Energy Services of America | 0.26% | 22,656 | $214K | New |
| PCRX Pacira Biosciences Inc. | 0.25% | 8,500 | $211K | New |
| HQY Healthequity Inc. | 0.25% | 2,359 | $208K | New |
| Z Zillow Group Inc. Class C | 0.25% | 3,001 | $206K | New |
| CERT Certara Inc. | 0.23% | 19,733 | $195K | New |
| PCT Purecycle Technologies Inc. | 0.21% | 25,000 | $173K | New |
| WVE Wave Life Sciences Ltd. | 0.21% | 21,356 | $173K | New |
| GDRX Goodrx Holdings Inc. Class A | 0.20% | 37,668 | $166K | New |
| ANGI Angi Inc. | 0.19% | 10,347 | $159K | New |
| MIND MEDICINE MINDMED INC | 0.17% | 24,583 | $144K | New |
| STLN Starling Oncology Inc. filed as THE ONCOLOGY INSTITUTE INC | 0.14% | 100,000 | $114K | New |
| NGL NGL Energy Partners LP | 0.12% | 22,848 | $104K | New |
| DH Definitive Healthcare Corp. | 0.12% | 35,000 | $101K | New |
| ICAD Icad Inc. | 0.12% | 48,915 | $101K | New |
| NVTS Navitas Semiconductor Corp. | 0.11% | 46,242 | $95K | New |
| ARAY Accuray Inc. | 0.10% | 48,469 | $87K | New |
| PSNL Personalis Inc. | 0.10% | 23,973 | $84K | New |
| HCAT Health Catalyst Inc. | 0.10% | 18,545 | $84K | New |
| MQ Marqeta Inc. | 0.10% | 20,000 | $82K | New |
| LPRO Open Lending Corp. | 0.09% | 27,535 | $76K | New |
| FTRE Fortrea Holdings Inc. | 0.09% | 10,000 | $76K | New |
| XGN Exagen Inc. | 0.09% | 20,840 | $75K | New |
| NOK Nokia Corp.-Spon ADR | 0.09% | 13,560 | $71K | New |
| BKD Brookdale Senior Living Inc. | 0.08% | 11,300 | $71K | New |
| AIRS Airsculpt Technologies Inc. | 0.08% | 28,000 | $65K | New |
| VUZI Vuzix Corp. | 0.08% | 31,891 | $65K | New |
| CMTL Comtech Telecommunications | 0.07% | 35,000 | $56K | New |
| OBIO Orchestra Biomed Holdings Inc. | 0.05% | 10,000 | $43K | New |
| NOTE Fiscalnote Holdings Inc. | 0.04% | 43,016 | $35K | New |
| HGBL Heritage Global Inc. | 0.03% | 13,000 | $28K | New |
Options reported separately and not counted above: GLD calls ($6.1M).
Portfolio Sells Q4 2024 → Q1 2025
| MRNA Moderna Inc. | Sold out | 0.00% | −9.58 |
| ILMN Illumina Inc. | Sold out | 0.00% | −9.13 |
| TKO Tko Group Holdings Inc. | Sold out | 0.00% | −7.88 |
| UTHR United Therapeutics Corp. | Sold out | 0.00% | −5.27 |
| USFD US Foods Holding Corp. | Sold out | 0.00% | −4.41 |
| UNM Unum Group | Sold out | 0.00% | −4.29 |
| COHR Coherent Corp. | Sold out | 0.00% | −3.55 |
| MTZ Mastec Inc. | Sold out | 0.00% | −3.49 |
| FLEX Flex Ltd. | Sold out | 0.00% | −3.31 |
| DUOL Duolingo | Sold out | 0.00% | −3.11 |
| BJ Bj's Wholesale Club Holdings | Sold out | 0.00% | −2.64 |
| GMED Globus Medical Inc. Class A | Sold out | 0.00% | −2.59 |
| MLI Mueller Industries Inc. | Sold out | 0.00% | −2.32 |
| ALK Alaska Air Group Inc. | Sold out | 0.00% | −2.15 |
| VNOM Viper Energy Inc. | Sold out | 0.00% | −2.08 |
| CNX CNX Resources Corp. | Sold out | 0.00% | −2.08 |
| DOCS Doximity Inc. Class A | Sold out | 0.00% | −2.04 |
| EXEL Exelixis Inc. | Sold out | 0.00% | −2.03 |
| AAON Aaon Inc. | Sold out | 0.00% | −2.03 |
| SMTC Semtech Corp. | Sold out | 0.00% | −2.00 |
| CORT Corcept Therapeutics Inc. | Sold out | 0.00% | −1.67 |
| LUMN Lumen Technologies Inc. | Sold out | 0.00% | −1.59 |
| EXLS Exlservice Holdings Inc. | Sold out | 0.00% | −1.56 |
| OLLI Ollie's Bargain Outlet Holdi | Sold out | 0.00% | −1.47 |
| ADMA Adma Biologics Inc. | Sold out | 0.00% | −1.45 |
| CSW CSW Industrials Inc. | Sold out | 0.00% | −1.39 |
| CNK Cinemark Holdings Inc. | Sold out | 0.00% | −1.27 |
| BOOT Boot Barn Holdings Inc. | Sold out | 0.00% | −1.17 |
| ERIE Erie Indemnity Company Class A | Sold out | 0.00% | −1.11 |
| MDU Mdu Resources Group Inc. | Sold out | 0.00% | −1.09 |
| BMI Badger Meter Inc. | Sold out | 0.00% | −1.04 |
| FTDR Frontdoor Inc. | Sold out | 0.00% | −1.00 |
| TXNM TXNM Energy Inc. | Sold out | 0.00% | −0.99 |
| PLXS Plexus Corp. | Sold out | 0.00% | −0.99 |
| PAYO Payoneer Global Inc. | Sold out | 0.00% | −0.71 |
| DORM Dorman Products Inc. | Sold out | 0.00% | −0.66 |
| ICUI Icu Medical Inc. | Sold out | 0.00% | −0.60 |
| WWW Wolverine World Wide Inc. | Sold out | 0.00% | −0.60 |
| AGYS Agilysys Inc. | Sold out | 0.00% | −0.53 |
| TTMI TTM Technologies | Sold out | 0.00% | −0.50 |
| BFH Bread Financial Holdings Inc. | Sold out | 0.00% | −0.47 |
| ADUS Addus Homecare Corp. | Sold out | 0.00% | −0.43 |
| TFX Teleflex Inc. | Sold out | 0.00% | −0.38 |
| DXPE DXP Enterprises Inc. | Sold out | 0.00% | −0.37 |
| OPLN Openlane Inc. | Sold out | 0.00% | −0.34 |
| LMAT Lemaitre Vascular Inc. | Sold out | 0.00% | −0.32 |
| CRK Comstock Resources Inc. | Sold out | 0.00% | −0.32 |
Portfolio Buys Q4 2024 → Q1 2025
| EWZ iShares MSCI Brazil ETF | New | 16.58% | +16.58 |
| EWW iShares MSCI Mexico ETF | New | 9.22% | +9.22 |
| MAGS Roundhill Magnificent Seven | New | 5.39% | +5.39 |
| INTC Intel Corp. | New | 4.08% | +4.08 |
| CCIR Cohen Circle Acquisitio Class A | New | 3.23% | +3.23 |
| XBI SS SPDR S&P Biotech ETF | New | 2.33% | +2.33 |
| HON Honeywell International Inc. | New | 1.90% | +1.90 |
| RSP Invesco S&P 500 Equal Weight | New | 1.88% | +1.88 |
| SBSW Sibanye-Stillwater Ltd.-ADR | New | 1.70% | +1.70 |
| ACHR Archer Aviation Inc. Class A | New | 1.62% | +1.62 |
| STNE Stoneco Ltd. Class A | New | 1.57% | +1.57 |
| BA The Boeing Co. | New | 1.53% | +1.53 |
| HWM Howmet Aerospace Inc. | New | 1.50% | +1.50 |
| COLO Global X MSCI Colombia ETF | New | 1.32% | +1.32 |
| UPS United Parcel Service Class B | New | 1.30% | +1.30 |
| NE Noble Corp. PLC | New | 1.28% | +1.28 |
| BANCOLOMBIA S.A.-SPONS ADR | New | 1.25% | +1.25 |
| KMI Kinder Morgan Inc. | New | 1.16% | +1.16 |
| LNG Cheniere Energy Inc. | New | 1.13% | +1.13 |
| STIM Neuronetics Inc. | New | 1.10% | +1.10 |
| GEO The Geo Group Inc. | New | 1.05% | +1.05 |
| CLPT Clearpoint Neuro Inc. | New | 1.00% | +1.00 |
| PALL Abrdn Physical Palladium SHS | New | 0.98% | +0.98 |
| SCCO Southern Copper Corp. | New | 0.95% | +0.95 |
| DIS The Walt Disney Co. | New | 0.95% | +0.95 |
| FMX Fomento Economico Mex-SP ADR | New | 0.94% | +0.94 |
| SU Suncor Energy Inc. | New | 0.93% | +0.93 |
| BLBD Blue Bird Corp. | New | 0.89% | +0.89 |
| GOOGL Alphabet Inc. Class A | New | 0.89% | +0.89 |
| ODD Oddity Tech Ltd. Class A | New | 0.88% | +0.88 |
| MBLY Mobileye Global Inc. Class A | New | 0.86% | +0.86 |
| LYFT LYFT Inc. Class A | New | 0.85% | +0.85 |
| COIN Coinbase Global Inc. Class A | New | 0.83% | +0.83 |
| LEN Lennar Corp. Class A | New | 0.83% | +0.83 |
| BIDU Baidu Inc. - Spon ADR | New | 0.77% | +0.77 |
| BRO Brown & Brown Inc. | New | 0.73% | +0.73 |
| VNM Vaneck Vietnam ETF | New | 0.72% | +0.72 |
| IBIT iShares Bitcoin Trust ETF | New | 0.71% | +0.71 |
| COLOMBIER ACQUISITION CORP | New | 0.70% | +0.70 |
| AR Antero Resources Corp. | New | 0.70% | +0.70 |
| CORZ Core Scientific Inc. | New | 0.69% | +0.69 |
| CEE Central and Eastern Europe F | New | 0.69% | +0.69 |
| FSLR First Solar Inc. | New | 0.67% | +0.67 |
| OSCR Oscar Health Inc. Class A | New | 0.64% | +0.64 |
| EOG EOG Resources Inc. | New | 0.60% | +0.60 |
| OUST Ouster Inc. | New | 0.54% | +0.54 |
| MRVI Maravai Lifesciences Hldgs-A | New | 0.53% | +0.53 |
| RIVN Rivian Automotive Inc. Class A | New | 0.52% | +0.52 |
| VAL Valaris Ltd. | New | 0.52% | +0.52 |
| QURE Uniqure NV | New | 0.51% | +0.51 |
Options Activity Q4 2024 → Q1 2025
| GLD SPDR Gold Shares | call | New | 21,000 | $6.1M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 246 | $291.4M | EWZ, IGV, MELI, VIAV, ONTO |
| Q1 2026 | 230 | $501.0M | JD, QQQ, KWEB, MELI, PYPL |
| Q4 2025 | 292 | $508.2M | BABA, ORCL, XYZ, EWZ, COIN |
| Q3 2025 | 157 | $279.2M | UPS, EWZ, GTLB, ETH, IBIT |
| Q2 2025Amended | 111 | $133.3M | EWZ, MUFG, SMFG, INTC, NPK |
| Q1 2025 | 111 | $83.4M | EWZ, EWW, MAGS, INTC, CCIR |
| Q4 2024 | 47 | $87.9M | MRNA, ILMN, TKO, UTHR, USFD |