Massar Capital Management, LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed November 14, 2025), Massar Capital Management, LP reported 111 stock positions worth $133.3 million. Its top holding was iShares MSCI Brazil ETF (EWZ) at 11.6% of the portfolio, followed by Mitsubishi Ufj Finl-Spon ADR (MUFG, 6.1%) and Sumitomo Mitsui-Spons ADR (SMFG, 5.7%). Compared with Q1 2025, it opened 58 new positions, sold out of 58, added to 15 and reduced 13. The biggest buy was a new position in Mitsubishi Ufj Finl-Spon ADR (MUFG) and the biggest sale an exit from iShares MSCI Mexico ETF (EWW).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0002037238
- Portfolio Value
- $133.3M (Q2 2025)
- SEC Filing
- 0002037238-25-000005 ↗ filed Nov 14, 2025
Holdings Value
Holdings 111 stocks · $133.3M
| EWZ iShares MSCI Brazil ETF | 11.58% | 535,000 | $15.4M | No change |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 6.10% | 592,500 | $8.1M | New |
| SMFG Sumitomo Mitsui-Spons ADR | 5.67% | 500,000 | $7.6M | New |
| INTC Intel Corp. | 5.63% | 335,200 | $7.5M | Add +123.5% |
| NPK National Presto Inds Inc. | 3.68% | 50,000 | $4.9M | New |
| UPS United Parcel Service Class B | 3.57% | 47,131 | $4.8M | Add +377.7% |
| OXY Occidental Petroleum Corp. | 2.35% | 74,500 | $3.1M | New |
| MAGS Roundhill Magnificent Seven | 2.33% | 56,000 | $3.1M | Reduce -42.9% |
| XBI SS SPDR S&P Biotech ETF | 1.87% | 30,000 | $2.5M | Add +25.0% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 1.78% | 25,800 | $2.4M | New |
| CCIR Cohen Circle Acquisitio Class A | 1.65% | 200,000 | $2.2M | Reduce -16.7% |
| CCIX Churchill Capital Corp. Ix | 1.62% | 175,000 | $2.2M | New |
| STNE Stoneco Ltd. Class A | 1.50% | 125,000 | $2.0M | No change |
| RDW Redwire Corp. | 1.46% | 119,000 | $1.9M | New |
| MOS The Mosaic Co. | 1.45% | 52,800 | $1.9M | New |
| TACO Berto Acquisition Corp. | 1.41% | 180,000 | $1.9M | New |
| RTAC Renatus Tactical Acquisiti-A | 1.33% | 150,000 | $1.8M | New |
| HON Honeywell International Inc. | 1.31% | 7,500 | $1.7M | No change |
| IBIT iShares Bitcoin Trust ETF | 1.29% | 28,000 | $1.7M | Add +121.5% |
| VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC | 1.22% | 196,000 | $1.6M | New |
| JD Jd.com Inc.-ADR | 1.21% | 49,400 | $1.6M | New |
| FLR Fluor Corp. | 1.11% | 28,760 | $1.5M | New |
| GOOGL Alphabet Inc. Class A | 1.06% | 8,000 | $1.4M | Add +66.7% |
| MRVL Marvell Technology Inc. | 0.93% | 16,000 | $1.2M | New |
| CIB Grupo Cibest SA-ADR | 0.90% | 26,000 | $1.2M | No change |
| NE Noble Corp. PLC | 0.90% | 45,000 | $1.2M | No change |
| GSRT GSR III Acquisition Corp. | 0.89% | 110,000 | $1.2M | New |
| XGN Exagen Inc. | 0.89% | 170,000 | $1.2M | Add +715.7% |
| COLO Global X MSCI Colombia ETF | 0.87% | 40,000 | $1.2M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.85% | 9,980 | $1.1M | Add +399.0% |
| MCGAU Yorkville Acquisition Corp. | 0.84% | 100,000 | $1.1M | New |
| IMSR Terrestrial Energy Inc. filed as HCM II ACQUISITION CORP | 0.83% | 100,000 | $1.1M | New |
| AIRS Airsculpt Technologies Inc. | 0.80% | 220,150 | $1.1M | Add +686.3% |
| BA The Boeing Co. | 0.79% | 5,000 | $1.0M | Reduce -33.4% |
| ASML ASML Holding NV-NY Reg SHS | 0.77% | 1,275 | $1.0M | New |
| BLBD Blue Bird Corp. | 0.74% | 23,000 | $993K | No change |
| TKNO Alpha Teknova Inc. | 0.74% | 200,000 | $982K | Add +185.7% |
| PAAS Pan American Silver Corp. | 0.74% | 34,500 | $980K | New |
| RIVN Rivian Automotive Inc. Class A | 0.72% | 70,000 | $962K | Add +100.0% |
| UBER Uber Technologies Inc. | 0.70% | 10,000 | $933K | New |
| RTACU Renatus Tactical Acquisition | 0.70% | 73,000 | $929K | New |
| PALL Abrdn Physical Palladium SHS | 0.68% | 9,000 | $905K | No change |
| KMI Kinder Morgan Inc. | 0.66% | 30,000 | $882K | Reduce -11.5% |
| SCCO Southern Copper Corp. | 0.65% | 8,584 | $868K | Add +1.0% |
| CEPO Cantor Equity Partners I-A | 0.64% | 72,000 | $857K | New |
| LNG Cheniere Energy Inc. | 0.64% | 3,500 | $852K | Reduce -13.9% |
| BEAG Bold Eagle Acquisition Cor-A | 0.63% | 80,000 | $838K | New |
| CLPT Clearpoint Neuro Inc. | 0.63% | 70,000 | $836K | No change |
| CMA Comerica Inc. | 0.62% | 13,900 | $829K | New |
| STLN Starling Oncology Inc. filed as THE ONCOLOGY INSTITUTE INC | 0.62% | 400,000 | $820K | Add +300.0% |
| CEPT Cantor Equity Partners Class A | 0.58% | 70,000 | $772K | New |
| STIM Neuronetics Inc. | 0.58% | 220,000 | $768K | Reduce -12.0% |
| SBXDF Silverbox Corp. IV-A | 0.58% | 70,000 | $767K | New |
| SU Suncor Energy Inc. | 0.56% | 20,000 | $749K | No change |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.54% | 100,000 | $722K | Reduce -67.7% |
| GEO The Geo Group Inc. | 0.54% | 30,000 | $719K | No change |
| TEM Tempus AI Inc. Class A | 0.52% | 11,000 | $699K | New |
| XPEV Xpeng Inc. - ADR | 0.51% | 38,300 | $685K | New |
| LEN Lennar Corp. Class A | 0.50% | 6,000 | $664K | No change |
| NOTVQ Inotiv Inc. | 0.48% | 350,000 | $637K | Add +133.3% |
| CEE Central and Eastern Europe F | 0.47% | 40,000 | $621K | No change |
| IONQ Ionq Inc. | 0.45% | 14,000 | $602K | New |
| QURE Uniqure NV | 0.42% | 40,000 | $558K | No change |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.41% | 40,000 | $549K | No change |
| ACHR Archer Aviation Inc. Class A | 0.41% | 50,000 | $543K | Reduce -73.7% |
| RDNT Radnet Inc. | 0.38% | 9,000 | $512K | New |
| FSLR First Solar Inc. | 0.37% | 3,000 | $497K | Reduce -32.0% |
| MRVI Maravai Lifesciences Hldgs-A | 0.36% | 200,000 | $482K | No change |
| FCX Freeport-McMoran Inc. | 0.36% | 11,000 | $477K | No change |
| VAL Valaris Ltd. | 0.35% | 11,000 | $463K | No change |
| GRVY Gravity Co. Ltd.-Sponsored ADR | 0.33% | 7,000 | $446K | No change |
| AR Antero Resources Corp. | 0.33% | 11,000 | $443K | Reduce -23.8% |
| APO Apollo Global Management Inc. | 0.32% | 3,000 | $426K | No change |
| TALK Talkspace Inc. | 0.31% | 150,000 | $417K | Add +32.9% |
| VALE Vale SA-SP ADR | 0.29% | 40,000 | $388K | No change |
| OM Outset Medical Inc. | 0.29% | 20,000 | $384K | New |
| VERA Vera Therapeutics Inc. | 0.28% | 16,000 | $377K | New |
| AVAL Grupo Aval Acciones Y Valore | 0.27% | 130,000 | $365K | No change |
| EC Ecopetrol SA-Sponsored ADR | 0.27% | 40,000 | $354K | No change |
| AGX Argan Inc. | 0.26% | 1,567 | $345K | New |
| PBR Petroleo Brasileiro-Spon ADR | 0.26% | 27,500 | $344K | No change |
| PCT Purecycle Technologies Inc. | 0.26% | 25,000 | $343K | No change |
| CLS Celestica Inc. | 0.25% | 2,170 | $339K | New |
| OUST Ouster Inc. | 0.23% | 12,500 | $303K | Reduce -75.0% |
| AMD Advanced Micro Devices | 0.22% | 2,100 | $298K | New |
| DDOG Datadog Inc. Class A | 0.22% | 2,217 | $298K | New |
| OPRX Optimizerx Corp. | 0.22% | 22,000 | $297K | New |
| CVNA Carvana Co. | 0.21% | 835 | $281K | New |
| ANGO Angiodynamics Inc. | 0.21% | 28,000 | $278K | New |
| INTU Intuit Inc. | 0.20% | 340 | $268K | New |
| MGNI Magnite Inc. | 0.20% | 11,000 | $265K | Reduce -65.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 895 | $264K | New |
| TWLO Twilio Inc. Class A | 0.20% | 2,098 | $261K | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.18% | 464 | $236K | New |
| BEPC Brookfield Renewable Corp. | 0.17% | 7,000 | $229K | New |
| ECG Everus Construction Group | 0.17% | 3,511 | $223K | New |
| ANET Arista Networks Inc. | 0.17% | 2,170 | $222K | New |
| ESOA Energy Services of America | 0.16% | 21,986 | $219K | Reduce -3.0% |
| U Unity Software Inc. | 0.16% | 8,900 | $215K | New |
| GOOG Alphabet Inc. Class C | 0.16% | 1,200 | $213K | New |
Options reported separately and not counted above: NVDA calls ($569K).
Portfolio Sells Q1 2025 → Q2 2025
| EWW iShares MSCI Mexico ETF | Sold out | 0.00% | −9.22 |
| MAGS Roundhill Magnificent Seven | Reduce -42.9% | 2.33% | −3.06 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −1.88 |
| CCIR Cohen Circle Acquisitio Class A | Reduce -16.7% | 1.65% | −1.58 |
| HWM Howmet Aerospace Inc. | Sold out | 0.00% | −1.50 |
| ACHR Archer Aviation Inc. Class A | Reduce -73.7% | 0.41% | −1.21 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Reduce -67.7% | 0.54% | −1.16 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.95 |
| FMX Fomento Economico Mex-SP ADR | Sold out | 0.00% | −0.94 |
| ODD Oddity Tech Ltd. Class A | Sold out | 0.00% | −0.88 |
| MBLY Mobileye Global Inc. Class A | Sold out | 0.00% | −0.86 |
| LYFT LYFT Inc. Class A | Sold out | 0.00% | −0.85 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.83 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −0.77 |
| BA The Boeing Co. | Reduce -33.4% | 0.79% | −0.75 |
| BRO Brown & Brown Inc. | Sold out | 0.00% | −0.73 |
| VNM Vaneck Vietnam ETF | Sold out | 0.00% | −0.72 |
| COLOMBIER ACQUISITION CORP | Sold out | 0.00% | −0.70 |
| CORZ Core Scientific Inc. | Sold out | 0.00% | −0.69 |
| OSCR Oscar Health Inc. Class A | Sold out | 0.00% | −0.64 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.60 |
| STIM Neuronetics Inc. | Reduce -12.0% | 0.58% | −0.53 |
| KMI Kinder Morgan Inc. | Reduce -11.5% | 0.66% | −0.50 |
| LNG Cheniere Energy Inc. | Reduce -13.9% | 0.64% | −0.49 |
| TDOC Teladoc Health Inc. | Sold out | 0.00% | −0.46 |
| SOC Sable Offshore Corp. | Sold out | 0.00% | −0.46 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.45 |
| AIR Aar Corp. | Sold out | 0.00% | −0.40 |
| AR Antero Resources Corp. | Reduce -23.8% | 0.33% | −0.37 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.36 |
| QTRX Quanterix Corp. | Sold out | 0.00% | −0.36 |
| BCH Banco DE Chile-ADR | Sold out | 0.00% | −0.35 |
| GENI Genius Sports Ltd. | Sold out | 0.00% | −0.35 |
| OUST Ouster Inc. | Reduce -75.0% | 0.23% | −0.31 |
| THC Tenet Healthcare Corp. | Sold out | 0.00% | −0.30 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −0.30 |
| FSLR First Solar Inc. | Reduce -32.0% | 0.37% | −0.30 |
| CVRX CVRX Inc. | Sold out | 0.00% | −0.29 |
| AMSC American Superconductor Corp. | Sold out | 0.00% | −0.29 |
| CRL Charles River Laboratories | Sold out | 0.00% | −0.29 |
| SRAD Sportradar Group AG-A | Sold out | 0.00% | −0.29 |
| FOA Finance of America Cos Inc. Class A | Sold out | 0.00% | −0.28 |
| CTSH Cognizant Tech Solutions-A | Sold out | 0.00% | −0.28 |
| LBRT Liberty Energy Inc. | Sold out | 0.00% | −0.26 |
| ARQT Arcutis Biotherapeutics Inc. | Sold out | 0.00% | −0.26 |
| PCRX Pacira Biosciences Inc. | Sold out | 0.00% | −0.25 |
| HQY Healthequity Inc. | Sold out | 0.00% | −0.25 |
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −0.25 |
| MGNI Magnite Inc. | Reduce -65.8% | 0.20% | −0.24 |
| CERT Certara Inc. | Sold out | 0.00% | −0.23 |
Portfolio Buys Q1 2025 → Q2 2025
| MUFG Mitsubishi Ufj Finl-Spon ADR | New | 6.10% | +6.10 |
| SMFG Sumitomo Mitsui-Spons ADR | New | 5.67% | +5.67 |
| NPK National Presto Inds Inc. | New | 3.68% | +3.68 |
| OXY Occidental Petroleum Corp. | New | 2.35% | +2.35 |
| UPS United Parcel Service Class B | Add +377.7% | 3.57% | +2.27 |
| CF CF Industries Holdings Inc. | New | 1.78% | +1.78 |
| CCIX Churchill Capital Corp. Ix | New | 1.62% | +1.62 |
| INTC Intel Corp. | Add +123.5% | 5.63% | +1.55 |
| RDW Redwire Corp. | New | 1.46% | +1.46 |
| MOS The Mosaic Co. | New | 1.45% | +1.45 |
| TACO Berto Acquisition Corp. | New | 1.41% | +1.41 |
| RTAC Renatus Tactical Acquisiti-A | New | 1.33% | +1.33 |
| VISN Vistance Networks Inc. | New | 1.22% | +1.22 |
| JD Jd.com Inc.-ADR | New | 1.21% | +1.21 |
| FLR Fluor Corp. | New | 1.11% | +1.11 |
| MRVL Marvell Technology Inc. | New | 0.93% | +0.93 |
| GSRT GSR III Acquisition Corp. | New | 0.89% | +0.89 |
| MCGAU Yorkville Acquisition Corp. | New | 0.84% | +0.84 |
| IMSR Terrestrial Energy Inc. | New | 0.83% | +0.83 |
| XGN Exagen Inc. | Add +715.7% | 0.89% | +0.80 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.77% | +0.77 |
| PAAS Pan American Silver Corp. | New | 0.74% | +0.74 |
| AIRS Airsculpt Technologies Inc. | Add +686.3% | 0.80% | +0.72 |
| UBER Uber Technologies Inc. | New | 0.70% | +0.70 |
| RTACU Renatus Tactical Acquisition | New | 0.70% | +0.70 |
| CEPO Cantor Equity Partners I-A | New | 0.64% | +0.64 |
| BEAG Bold Eagle Acquisition Cor-A | New | 0.63% | +0.63 |
| CMA Comerica Inc. | New | 0.62% | +0.62 |
| CEPT Cantor Equity Partners Class A | New | 0.58% | +0.58 |
| IBIT iShares Bitcoin Trust ETF | Add +121.5% | 1.29% | +0.58 |
| SBXDF Silverbox Corp. IV-A | New | 0.58% | +0.58 |
| BABA Alibaba Group Holding-SP ADR | Add +399.0% | 0.85% | +0.53 |
| TEM Tempus AI Inc. Class A | New | 0.52% | +0.52 |
| XPEV Xpeng Inc. - ADR | New | 0.51% | +0.51 |
| STLN Starling Oncology Inc. | Add +300.0% | 0.62% | +0.48 |
| IONQ Ionq Inc. | New | 0.45% | +0.45 |
| RDNT Radnet Inc. | New | 0.38% | +0.38 |
| TKNO Alpha Teknova Inc. | Add +185.7% | 0.74% | +0.30 |
| OM Outset Medical Inc. | New | 0.29% | +0.29 |
| VERA Vera Therapeutics Inc. | New | 0.28% | +0.28 |
| AGX Argan Inc. | New | 0.26% | +0.26 |
| CLS Celestica Inc. | New | 0.25% | +0.25 |
| AMD Advanced Micro Devices | New | 0.22% | +0.22 |
| DDOG Datadog Inc. Class A | New | 0.22% | +0.22 |
| OPRX Optimizerx Corp. | New | 0.22% | +0.22 |
| CVNA Carvana Co. | New | 0.21% | +0.21 |
| ANGO Angiodynamics Inc. | New | 0.21% | +0.21 |
| INTU Intuit Inc. | New | 0.20% | +0.20 |
| RIVN Rivian Automotive Inc. Class A | Add +100.0% | 0.72% | +0.20 |
| IBM Intl Business Machines Corp. | New | 0.20% | +0.20 |
Options Activity Q1 2025 → Q2 2025
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 |