Massar Capital Management, LP

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Massar Capital Management, LP reported 292 stock positions worth $508.2 million. Its top holding was Alibaba Group Holding-SP ADR (BABA) at 10.3% of the portfolio, followed by Oracle (ORCL, 4.8%) and Block (XYZ, 4.5%). Compared with Q3 2025, it opened 201 new positions, sold out of 66, added to 24 and reduced 15. The biggest buy was Alibaba Group Holding-SP ADR (BABA, shares +1996%) and the biggest sale United Parcel Service Class B (UPS, shares −84%).

Most Recent 13F
Q2 2026
Location
STAMFORD, CT
CIK
0002037238
Portfolio Value
$508.2M (Q4 2025)
SEC Filing
0002037238-26-000001 ↗ filed Feb 17, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q4 2024: $87.9M Q4 2024 Q1 2025: $83.4M Q1 2025 Q2 2025: $133.3M Q2 2025 Q3 2025: $279.2M Q3 2025 Q4 2025: $508.2M $508.2M Q4 2025 Q1 2026: $501.0M Q1 2026 Q2 2026: $291.4M Q2 2026

Holdings 292 stocks · $508.2M
BABA Alibaba Group Holding-SP ADR 10.28% 356,393 $52.2M Add +1996.4%
ORCL Oracle Corp. 4.77% 124,257 $24.2M New
XYZ Block Inc. 4.50% 351,504 $22.9M Add +270.3%
EWZ iShares MSCI Brazil ETF 3.34% 535,000 $17.0M No change
COIN Coinbase Global Inc. Class A 3.29% 74,027 $16.7M New
MSTR Strategy Inc. 3.02% 101,139 $15.4M Add +462.6%
MARA Mara Holdings Inc. 2.89% 1,632,806 $14.7M New
XLU St Sr Utl SL SE SPDR ETF-Usd 2.42% 288,468 $12.3M New
ETH Grayscale Ethereum Staking M 1.97% 356,825 $10.0M Add +39.9%
MP MP Materials Corp. 1.40% 140,800 $7.1M New
AMZN Amazon.com Inc. 1.38% 30,291 $7.0M New
SMFG Sumitomo Mitsui-Spons ADR 1.22% 320,000 $6.2M Add +60.0%
UPS United Parcel Service Class B 1.13% 58,000 $5.8M Reduce -83.8%
HON Honeywell International Inc. 1.04% 27,219 $5.3M Add +262.9%
KBWB Invesco KBW Bank ETF 1.01% 61,062 $5.1M New
LULU Lululemon Athletica Inc. 0.97% 23,697 $4.9M Add +134.6%
MFG Mizuho Financial Group-ADR 0.94% 650,000 $4.8M Add +72.4%
TPL Texas Pacific Land Corp. 0.92% 16,260 $4.7M Reduce -22.6%
MUFG Mitsubishi Ufj Finl-Spon ADR 0.87% 280,000 $4.4M Add +88.5%
EFA iShares MSCI Eafe ETF 0.85% 44,875 $4.3M New
URA Global X Uranium ETF 0.82% 97,500 $4.2M Add +77.3%
PWR Quanta Services Inc. 0.77% 9,305 $3.9M New
FISV Fiserv Inc. 0.76% 57,861 $3.9M New
NE Noble Corp. PLC 0.69% 123,960 $3.5M Add +175.5%
MELI MercadoLibre Inc. 0.68% 1,715 $3.5M Add +162.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.65% 28,847 $3.3M Add +70.8%
ERO Ero Copper Corp. 0.64% 115,734 $3.3M New
QQQ Invesco QQQ Trust Series 1 0.64% 5,264 $3.2M Add +88.5%
JD Jd.com Inc.-ADR 0.62% 110,200 $3.2M No change
ECH iShares MSCI Chile ETF 0.60% 75,000 $3.0M No change
NSC Norfolk Southern Corp. 0.57% 10,100 $2.9M New
BHVN Biohaven Ltd. 0.55% 247,400 $2.8M New
UUUU Energy Fuels Inc. 0.55% 192,020 $2.8M Add +562.1%
SG Sweetgreen Inc. Class A 0.55% 411,000 $2.8M No change
ODFL Old Dominion Freight Line 0.53% 17,135 $2.7M New
IBIT iShares Bitcoin Trust ETF 0.51% 52,696 $2.6M Reduce -59.0%
FLNC Fluence Energy Inc. 0.51% 131,600 $2.6M New
INTC Intel Corp. 0.50% 68,885 $2.5M Reduce -54.1%
GOOGL Alphabet Inc. Class A 0.49% 8,000 $2.5M No change
NEE Nextera Energy Inc. 0.49% 30,950 $2.5M New
JMIA Jumia Technologies AG-ADR 0.49% 198,495 $2.5M New
CLPT Clearpoint Neuro Inc. 0.47% 176,228 $2.4M Add +175.4%
IWM iShares Russell 2000 ETF 0.47% 9,767 $2.4M New
GTLB Gitlab Inc. Class A 0.47% 63,830 $2.4M Reduce -77.3%
QXO Qxo Inc. 0.46% 120,756 $2.3M Add +57.4%
RBRK Rubrik Inc. Class A 0.45% 30,175 $2.3M No change
SMLR Semler Scientific Inc. 0.45% 150,000 $2.3M No change
GLW Corning Inc. 0.45% 25,942 $2.3M New
META Meta Platforms Inc. Class A 0.44% 3,410 $2.3M New
ACMR Acm Research Inc. Class A 0.42% 54,135 $2.1M New
SPLV Invesco S&P 500 Low Volatili 0.42% 29,853 $2.1M New
EQT Eqt Corp. 0.41% 38,532 $2.1M No change
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.39% 25,360 $2.0M No change
RTAC Renatus Tactical Acquisiti-A 0.38% 181,584 $1.9M Add +21.1%
KEYS Keysight Technologies Inc. 0.38% 9,495 $1.9M New
BIDU Baidu Inc. - Spon ADR 0.36% 14,139 $1.8M New
TACO Berto Acquisition Corp. 0.36% 180,000 $1.8M No change
JBHT Hunt (jb) Transprt SVCS Inc. 0.36% 9,359 $1.8M New
AEXA American Exceptionalism Class A 0.35% 157,920 $1.8M New
TAC Transalta Corp. 0.35% 140,738 $1.8M New
KOID Kraneshares Global Humanoid 0.34% 55,000 $1.8M No change
EVLV Evolv Technologies Holdings 0.34% 242,500 $1.7M No change
UROY Uranium Royalty Corp. 0.33% 473,110 $1.7M New
GLPI Gaming and Leisure Propertie 0.33% 37,251 $1.7M New
CIB Grupo Cibest SA-ADR 0.33% 26,000 $1.7M No change
WBD Warner Bros Discovery Inc. 0.32% 57,268 $1.7M New
MRK Merck & Co. Inc. 0.32% 15,434 $1.6M New
GGAL Grupo Financiero Galicia-ADR 0.32% 30,000 $1.6M No change
HAL Halliburton Co. 0.31% 56,316 $1.6M New
WAT Waters Corp. 0.31% 4,175 $1.6M New
DD Dupont DE Nemours Inc. 0.31% 39,381 $1.6M New
ABBV Abbvie Inc. 0.31% 6,904 $1.6M New
MLI Mueller Industries Inc. 0.31% 13,727 $1.6M New
TSEM Tower Semiconductor Ltd. 0.31% 13,334 $1.6M New
AMGN Amgen Inc. 0.31% 4,768 $1.6M New
EVRG Evergy Inc. 0.31% 21,493 $1.6M New
KO The Coca-Cola Co. 0.31% 22,261 $1.6M New
FFIV F5 Inc. 0.31% 6,085 $1.6M Add +89.9%
CORZ Core Scientific Inc. 0.30% 106,476 $1.6M New
COO The Cooper Cos Inc. 0.30% 18,832 $1.5M New
CSCO Cisco Systems Inc. 0.30% 20,010 $1.5M New
CTSH Cognizant Tech Solutions-A 0.30% 18,570 $1.5M New
EPAM Epam Systems Inc. 0.30% 7,374 $1.5M New
SKYT Skywater Technology Inc. 0.30% 82,681 $1.5M New
COLO Global X MSCI Colombia ETF 0.28% 40,000 $1.4M No change
STLN Starling Oncology Inc. filed as THE ONCOLOGY INSTITUTE INC 0.28% 400,000 $1.4M No change
IJH iShares Core S&P Midcap ETF 0.28% 21,540 $1.4M New
GEO The Geo Group Inc. 0.27% 86,645 $1.4M Add +188.8%
IE Ivanhoe Electric Inc. / US 0.26% 84,224 $1.3M New
NI Nisource Inc. 0.26% 32,205 $1.3M New
MCGAU Yorkville Acquisition Corp. 0.26% 130,000 $1.3M No change
CGNX Cognex Corp. 0.26% 36,570 $1.3M No change
TRIP Tripadvisor Inc. 0.26% 90,000 $1.3M No change
LNT Alliant Energy Corp. 0.26% 20,125 $1.3M New
MAIN Main Street Capital Corp. 0.25% 21,364 $1.3M New
XLC SS Comm Select Sector SPDR 0.25% 10,844 $1.3M New
LKFT Lakefront Biotherapeutic-ADR filed as GALAPAGOS NV 0.25% 39,000 $1.3M New
PPTA Perpetua Resources Corp. 0.25% 52,640 $1.3M Add +131.4%
LAC Lithium Americas Corp. 0.25% 292,183 $1.3M New
CDZI Cadiz Inc. 0.25% 225,612 $1.3M New
STNE Stoneco Ltd. Class A 0.25% 85,000 $1.3M No change
XLI SS Industrial Select Sector 0.25% 8,033 $1.2M New
MU Micron Technology Inc. 0.24% 4,320 $1.2M Add +116.0%
VRT Vertiv Holdings Co. Class A 0.24% 7,400 $1.2M No change
RRX Regal Rexnord Corp. 0.23% 8,500 $1.2M No change
CG The Carlyle Group Inc. 0.23% 20,075 $1.2M New
CSANY Cosan SA -ADR 0.23% 300,172 $1.2M New
CCIX Churchill Capital Corp. Ix 0.23% 110,000 $1.2M No change
LUMN Lumen Technologies Inc. 0.22% 146,708 $1.1M New
NXE Nexgen Energy Ltd. 0.22% 123,799 $1.1M New
SPY SS SPDR S&P 500 ETF Trust-US 0.22% 1,648 $1.1M New
TVA Texas Ventures Acquisition-A 0.22% 105,000 $1.1M New
HRL Hormel Foods Corp. 0.22% 46,422 $1.1M New
NWAX.U New America Acquisition I Co. 0.22% 105,280 $1.1M New
XGN Exagen Inc. 0.20% 170,000 $1.0M No change
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 0.20% 29,000 $1.0M Reduce -45.9%
ASAN Asana Inc. Class A 0.20% 73,300 $1.0M No change
SBXDF Silverbox Corp. IV-A 0.20% 94,600 $1.0M No change
MAA Mid-America Apartment Comm 0.20% 7,200 $1.0M No change
CAG Conagra Brands Inc. 0.20% 57,362 $993K New
QURE Uniqure NV 0.19% 40,529 $970K Add +102.7%
TASEKO MINES LTD 0.19% 170,406 $964K New
PYPL PayPal Holdings Inc. 0.18% 16,091 $939K New
VAL Valaris Ltd. 0.18% 18,370 $926K Add +67.0%
SPXL Direxion Daily S&P 500 Bull 0.17% 3,899 $860K New
MEDP Medpace Holdings Inc. 0.17% 1,530 $859K New
UWM Proshares Ultra RUSSELL2000 0.17% 18,161 $854K New
BEAG Bold Eagle Acquisition Cor-A 0.17% 80,000 $846K No change
KMI Kinder Morgan Inc. 0.16% 30,000 $825K No change
NOW ServiceNow Inc. 0.16% 5,350 $820K No change
SPXS Dirx Dai S&P500 B 3X ETF-Usd 0.16% 23,056 $818K New
RTACU Renatus Tactical Acquisition 0.16% 73,000 $809K No change
SDS Proshares Ultrashort S&P500 0.16% 11,718 $803K New
SGML Sigma Lithium Corp. 0.16% 60,336 $796K New
ASPI Asp Isotopes Inc. 0.16% 147,376 $788K New
CEPT Cantor Equity Partners Class A 0.16% 70,000 $788K No change
XPEV Xpeng Inc. - ADR 0.15% 38,300 $777K No change
TKNO Alpha Teknova Inc. 0.15% 200,000 $760K No change
CEPO Cantor Equity Partners I-A 0.15% 71,250 $742K No change
SSNC Ss&c Technologies Holdings 0.15% 8,440 $738K New
ALHC Alignment Healthcare Inc. 0.14% 36,500 $721K No change
CNA Cna Financial Corp. 0.14% 14,705 $702K New
REGN Regeneron Pharmaceuticals 0.14% 893 $689K New
LNG Cheniere Energy Inc. 0.13% 3,500 $680K No change
TTEK Tetra Tech Inc. 0.13% 20,218 $678K New
BXP BXP Inc. 0.13% 9,970 $673K New
BLND Blend Labs Inc. Class A 0.13% 220,000 $669K No change
DELL Dell Technologies -C 0.13% 5,265 $663K New
SMCI Super Micro Computer Inc. 0.13% 22,250 $651K No change
MRVI Maravai Lifesciences Hldgs-A 0.13% 200,000 $650K No change
FSLY Fastly Inc. Class A 0.13% 63,090 $642K New
BNL Broadstone Net Lease Inc. 0.13% 36,967 $642K New
PL Planet Labs PBC 0.13% 32,216 $635K New
LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) 0.12% 110,443 $616K New
HL Hecla Mining Co. 0.12% 31,573 $606K New
WU Western Union Co. 0.12% 64,270 $598K New
AOS Smith (a.o.) Corp. 0.11% 8,390 $561K New
FCX Freeport-McMoran Inc. 0.11% 11,000 $559K No change
COCO The Vita Coco Co. Inc. 0.11% 10,475 $555K New
AMKR Amkor Technology Inc. 0.11% 13,956 $551K Reduce -17.7%
MCY Mercury General Corp. 0.11% 5,851 $550K New
AVAL Grupo Aval Acciones Y Valore 0.10% 130,000 $527K No change
VALE Vale SA-SP ADR 0.10% 40,000 $521K No change
ENVA Enova International Inc. 0.10% 3,315 $521K New
TXNM TXNM Energy Inc. 0.10% 8,846 $521K New
SBRA Sabra Health Care REIT Inc. 0.10% 27,265 $516K New
NNE Nano Nuclear Energy Inc. 0.10% 21,425 $514K New
VMI Valmont Industries 0.10% 1,275 $513K New
ORI Old Republic Intl Corp. 0.10% 11,038 $504K New
SNOW LAKE RES LTD 0.10% 167,000 $501K New
AMG Affiliated Managers Group 0.10% 1,730 $499K New
RYAAY Ryanair Holdings PLC-SP ADR 0.10% 6,817 $492K New
KGC Kinross Gold Corp. 0.10% 17,394 $490K New
MT Arcelormittal-NY Registered 0.10% 10,739 $489K New
SOC Sable Offshore Corp. 0.10% 54,000 $487K Reduce -55.0%
SITM Sitime Corp. 0.10% 1,374 $485K New
DKNG Draftkings Inc. Class A 0.09% 14,000 $482K New
FTAI Ftai Aviation Ltd. 0.09% 2,448 $482K New
BKH Black Hills Corp. 0.09% 6,844 $475K New
MSGE Madison Square Garden Entert 0.09% 8,738 $471K New
STLD Steel Dynamics Inc. 0.09% 2,758 $467K New
IDXX Idexx Laboratories Inc. 0.09% 689 $466K New
FTI Technipfmc PLC 0.09% 10,425 $465K New
TNL Travel + Leisure Co. 0.09% 6,580 $464K New
LLY Eli Lilly & Co. 0.09% 421 $452K New
TROX Tronox Holdings PLC 0.09% 107,521 $448K New
EFC Ellington Financial Inc. 0.09% 32,977 $448K New
VIK Viking Holdings Ltd. 0.09% 6,207 $443K New
ROK Rockwell Automation Inc. 0.09% 1,137 $442K New
AGCO Agco Corp. 0.09% 4,229 $441K New
SSO Proshares Ultra S&P500 0.09% 7,580 $439K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.09% 1,474 $437K New
BAP Credicorp Ltd. 0.09% 1,521 $437K New
APO Apollo Global Management Inc. 0.09% 3,000 $434K No change
COLL Collegium Pharmaceutical Inc. 0.08% 9,317 $431K New
EMBJ Embraer SA-Spon ADR 0.08% 6,696 $431K New
FSM Fortuna Mining Corp. 0.08% 43,914 $431K New
SIGI Selective Insurance Group 0.08% 5,118 $428K New
CPRX Catalyst Pharmaceuticals Inc. 0.08% 18,340 $428K New
BKV BKV Corporation 0.08% 15,750 $428K New
JBL Jabil Inc. 0.08% 1,858 $424K New
QLD Proshares Ultra QQQ 0.08% 6,001 $423K New
ABCB Ameris Bancorp 0.08% 5,685 $422K New
GPOR Gulfport Energy Corp. 0.08% 2,030 $422K New
MMS Maximus Inc. 0.08% 4,863 $420K New
GIL Gildan Activewear Inc. 0.08% 6,685 $418K New
SR Spire Inc. 0.08% 5,043 $417K New
OUT Outfront Media Inc. 0.08% 17,229 $415K New
MOFG Midwestone Financial Group I 0.08% 10,750 $414K New
RDDT Reddit Inc. Class A 0.08% 1,796 $413K New
RDW Redwire Corp. 0.08% 54,220 $412K New
KNTK Kinetik Holdings Inc. 0.08% 11,386 $410K New
EVR Evercore Inc. Class A 0.08% 1,197 $407K New
AS Amer Sports Inc. 0.08% 10,854 $405K New
GRVY Gravity Co. Ltd.-Sponsored ADR 0.08% 7,000 $405K No change
MLM Martin Marietta Materials 0.08% 650 $405K New
GEV GE Vernova Inc. 0.08% 616 $403K New
EC Ecopetrol SA-Sponsored ADR 0.08% 40,000 $401K Reduce -83.3%
QID Proshares Ultrashort QQQ 0.08% 19,838 $401K New
STE Steris PLC 0.08% 1,580 $401K New
AIRS Airsculpt Technologies Inc. 0.08% 202,250 $400K Reduce -8.1%
ANET Arista Networks Inc. 0.08% 3,032 $397K New
IMSR Terrestrial Energy Inc. 0.08% 65,000 $397K New
NPKI NPK International Inc. 0.08% 33,150 $395K New
QTUM Defiance Quantum ETF 0.08% 3,558 $390K New
TWST Twist Bioscience Corp. 0.08% 12,250 $389K New
URBN Urban Outfitters Inc. 0.08% 5,159 $388K New
HRTG Heritage Insurance Holdings 0.08% 13,244 $388K New
BDN Brandywine Realty Trust 0.08% 132,706 $388K New
FERG Ferguson Enterprises Inc. 0.08% 1,737 $387K New
XYL Xylem Inc. 0.07% 2,790 $380K Reduce -73.5%
AR Antero Resources Corp. 0.07% 11,000 $379K No change
CACI Caci International Inc. Class A 0.07% 711 $379K New
VLO Valero Energy Corp. 0.07% 2,315 $377K New
ARKG ARK Genomic Revolution ETF 0.07% 13,000 $377K New
SPXC SPX Technologies Inc. 0.07% 1,874 $375K New
THG Hanover Insurance Group Inc./ 0.07% 2,024 $370K New
PARR Par Pacific Holdings Inc. 0.07% 10,486 $368K New
BOOT Boot Barn Holdings Inc. 0.07% 2,085 $368K New
WWR Westwater Resources Inc. 0.07% 490,200 $368K No change
OCSL Oaktree Specialty Lending Co. 0.07% 28,812 $367K New
HMN Horace Mann Educators 0.07% 7,891 $364K New
NET Cloudflare Inc. Class A 0.07% 1,832 $361K Reduce -75.6%
AGYS Agilysys Inc. 0.07% 3,000 $357K New
HNRG Hallador Energy Co. 0.07% 18,687 $356K New
MOD Modine Manufacturing Co. 0.07% 2,653 $354K New
SPNT Siriuspoint Ltd. 0.07% 15,982 $350K New
KMPR Kemper Corp. 0.07% 8,616 $349K New
SYM Symbotic Inc. 0.07% 5,738 $341K New
LXP LXP Industrial Trust 0.06% 6,619 $328K New
BBDC Barings BDC Inc. 0.06% 35,638 $327K New
WTS Watts Water Technologies-A 0.06% 1,181 $326K New
CRCL Circle Internet Group Inc. 0.06% 4,000 $317K New
STIM Neuronetics Inc. 0.06% 221,000 $305K Reduce -7.9%
DDOG Datadog Inc. Class A 0.06% 2,217 $301K No change
GOOG Alphabet Inc. Class C 0.06% 960 $301K Reduce -20.0%
TDW Tidewater Inc. 0.06% 5,944 $300K New
NKE Nike Inc. Class B 0.06% 4,632 $295K New
OGN Organon & Co. 0.06% 40,966 $294K New
CSGS CSG Systems Intl Inc. 0.05% 3,627 $278K New
BMNR Bitmine Immersion Technologi 0.05% 9,975 $271K New
BEPC Brookfield Renewable Corp. 0.05% 7,000 $268K No change
APPN Appian Corp. Class A 0.05% 7,555 $268K New
RC Ready Capital Corp. 0.05% 122,648 $267K New
FORM Formfactor Inc. 0.05% 4,500 $251K New
XPEL Xpel Inc. 0.05% 5,028 $251K New
RKT Rocket Cos Inc. Class A 0.05% 12,740 $247K No change
CVRX CVRX Inc. 0.05% 34,600 $246K No change
BTQ BTQ Technologies Corp. 0.05% 47,690 $244K New
FDUS Fidus Investment Corp. 0.05% 12,452 $240K New
IIPR Innovative Industrial Proper 0.05% 5,015 $238K New
HOPE Hope Bancorp Inc. 0.05% 21,502 $236K New
EU Encore Energy Corp. 0.05% 92,631 $230K New
WD Walker & Dunlop Inc. 0.05% 3,819 $230K New
KALU Kaiser Aluminum Corp. 0.04% 1,903 $219K New
MAN Manpowergroup Inc. 0.04% 7,319 $218K New
WHD Cactus Inc. Class A 0.04% 4,742 $217K New
PCT Purecycle Technologies Inc. 0.04% 25,000 $215K No change
CFFN Capitol Federal Financial Inc. 0.04% 31,011 $211K New
PII Polaris Inc. 0.04% 3,215 $203K New
NOTVQ Inotiv Inc. 0.04% 342,700 $193K Reduce -2.1%
SFNC Simmons First Natl Corp. Class A 0.04% 10,169 $192K New
ELA Envela Corp. 0.03% 13,040 $174K New
FFIC Flushing Financial Corp. 0.03% 10,327 $157K New
XPRO Expro Group Holdings NV 0.03% 10,991 $147K New
CATX Perspective Therapeutics Inc. 0.03% 52,000 $143K New
NAVI Navient Corp. 0.03% 10,805 $140K New
GNL Global Net Lease Inc. 0.03% 15,964 $137K New
IVR Invesco Mortgage Capital 0.02% 11,126 $94K New
SXC Suncoke Energy Inc. 0.02% 12,300 $89K New
KRNY Kearny Financial Corp. 0.02% 11,785 $87K New
PSEC Prospect Capital Corp. 0.01% 23,184 $60K New

Options reported separately and not counted above: QQQ calls ($45.2M), XYZ calls ($29.7M), XYZ puts ($29.7M), TLT calls ($29.4M), TLT puts ($25.3M), GLD puts ($22.6M), CORZ calls ($19.2M), SPY puts ($18.8M), CORZ puts ($17.8M), COIN puts ($16.7M), COIN calls ($16.7M), MARA calls ($16.4M), and 13 more.

Portfolio Sells Q3 2025 → Q4 2025
UPS United Parcel Service Class B Reduce -83.8% 1.13% −9.58
GTLB Gitlab Inc. Class A Reduce -77.3% 0.47% −4.08
IBIT iShares Bitcoin Trust ETF Reduce -59.0% 0.51% −2.48
SMH Vaneck Semiconductor ETF Sold out 0.00% −1.71
GFS Globalfoundries Inc. Sold out 0.00% −1.67
TPL Texas Pacific Land Corp. Reduce -22.6% 0.92% −1.42
NPK National Presto Inds Inc. Sold out 0.00% −1.31
INTC Intel Corp. Reduce -54.1% 0.50% −1.30
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −1.08
XBI SS SPDR S&P Biotech ETF Sold out 0.00% −1.08
WIX Wix.com Ltd. Sold out 0.00% −0.77
FLR Fluor Corp. Sold out 0.00% −0.77
EC Ecopetrol SA-Sponsored ADR Reduce -83.3% 0.08% −0.71
VFC VF Corp. Sold out 0.00% −0.70
ALB Albemarle Corp. Sold out 0.00% −0.66
SOC Sable Offshore Corp. Reduce -55.0% 0.10% −0.65
XLE SS Energy Select Sector Sold out 0.00% −0.61
CNR Core Natural Resources Inc. Sold out 0.00% −0.60
UEC Uranium Energy Corp. Sold out 0.00% −0.60
CRK Comstock Resources Inc. Sold out 0.00% −0.59
KTOS Kratos Defense & Security Sold out 0.00% −0.59
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −0.56
AIRS Airsculpt Technologies Inc. Reduce -8.1% 0.08% −0.55
GDS GDS Holdings Ltd. - ADR Reduce -45.9% 0.20% −0.54
LDOS Leidos Holdings Inc. Sold out 0.00% −0.54
NET Cloudflare Inc. Class A Reduce -75.6% 0.07% −0.51
BXSL Blackstone Secured Lending F Sold out 0.00% −0.50
XYL Xylem Inc. Reduce -73.5% 0.07% −0.48
OBDC Blue Owl Capital Corp. Sold out 0.00% −0.48
CNC Centene Corp. Sold out 0.00% −0.45
MOH Molina Healthcare Inc. Sold out 0.00% −0.41
REMX Vaneck Rar Earth ND STG-Usdi Sold out 0.00% −0.39
DNN Denison Mines Corp. Sold out 0.00% −0.39
GEN Gen Digital Inc. Sold out 0.00% −0.38
IMSR Terrestrial Energy Inc. Sold out 0.00% −0.38
SCCO Southern Copper Corp. Sold out 0.00% −0.38
PALL Abrdn Physical Palladium SHS Sold out 0.00% −0.37
RIVN Rivian Automotive Inc. Class A Sold out 0.00% −0.37
MBLY Mobileye Global Inc. Class A Sold out 0.00% −0.36
MWA Mueller Water Products Inc. Class A Sold out 0.00% −0.35
ARCC Ares Capital Corp. Sold out 0.00% −0.34
GDXJ Vaneck Junior Gold Miners Sold out 0.00% −0.34
SU Suncor Energy Inc. Sold out 0.00% −0.30
AMTM Amentum Holdings Inc. Sold out 0.00% −0.28
LEN Lennar Corp. Class A Sold out 0.00% −0.27
NU Nu Holdings Ltd./Cayman Isl-A Sold out 0.00% −0.23
CEE Central and Eastern Europe F Sold out 0.00% −0.22
VISN Vistance Networks Inc. Sold out 0.00% −0.19
CENX Century Aluminum Company Sold out 0.00% −0.18
CC The Chemours Co. Sold out 0.00% −0.18

Portfolio Buys Q3 2025 → Q4 2025
BABA Alibaba Group Holding-SP ADR Add +1996.4% 10.28% +9.19
ORCL Oracle Corp. New 4.77% +4.77
COIN Coinbase Global Inc. Class A New 3.29% +3.29
MARA Mara Holdings Inc. New 2.89% +2.89
XLU St Sr Utl SL SE SPDR ETF-Usd New 2.42% +2.42
XYZ Block Inc. Add +270.3% 4.50% +2.04
MP MP Materials Corp. New 1.40% +1.40
AMZN Amazon.com Inc. New 1.38% +1.38
KBWB Invesco KBW Bank ETF New 1.01% +1.01
MSTR Strategy Inc. Add +462.6% 3.02% +0.95
EFA iShares MSCI Eafe ETF New 0.85% +0.85
PWR Quanta Services Inc. New 0.77% +0.77
FISV Fiserv Inc. New 0.76% +0.76
ERO Ero Copper Corp. New 0.64% +0.64
NSC Norfolk Southern Corp. New 0.57% +0.57
BHVN Biohaven Ltd. New 0.55% +0.55
ODFL Old Dominion Freight Line New 0.53% +0.53
FLNC Fluence Energy Inc. New 0.51% +0.51
NEE Nextera Energy Inc. New 0.49% +0.49
JMIA Jumia Technologies AG-ADR New 0.49% +0.49
HON Honeywell International Inc. Add +262.9% 1.04% +0.48
IWM iShares Russell 2000 ETF New 0.47% +0.47
GLW Corning Inc. New 0.45% +0.45
META Meta Platforms Inc. Class A New 0.44% +0.44
ACMR Acm Research Inc. Class A New 0.42% +0.42
SPLV Invesco S&P 500 Low Volatili New 0.42% +0.42
UUUU Energy Fuels Inc. Add +562.1% 0.55% +0.39
KEYS Keysight Technologies Inc. New 0.38% +0.38
BIDU Baidu Inc. - Spon ADR New 0.36% +0.36
JBHT Hunt (jb) Transprt SVCS Inc. New 0.36% +0.36
AEXA American Exceptionalism Class A New 0.35% +0.35
TAC Transalta Corp. New 0.35% +0.35
UROY Uranium Royalty Corp. New 0.33% +0.33
GLPI Gaming and Leisure Propertie New 0.33% +0.33
LULU Lululemon Athletica Inc. Add +134.6% 0.97% +0.33
WBD Warner Bros Discovery Inc. New 0.32% +0.32
MRK Merck & Co. Inc. New 0.32% +0.32
HAL Halliburton Co. New 0.31% +0.31
WAT Waters Corp. New 0.31% +0.31
DD Dupont DE Nemours Inc. New 0.31% +0.31
ABBV Abbvie Inc. New 0.31% +0.31
MLI Mueller Industries Inc. New 0.31% +0.31
TSEM Tower Semiconductor Ltd. New 0.31% +0.31
AMGN Amgen Inc. New 0.31% +0.31
EVRG Evergy Inc. New 0.31% +0.31
KO The Coca-Cola Co. New 0.31% +0.31
CORZ Core Scientific Inc. New 0.30% +0.30
COO The Cooper Cos Inc. New 0.30% +0.30
CSCO Cisco Systems Inc. New 0.30% +0.30
CTSH Cognizant Tech Solutions-A New 0.30% +0.30

Options Activity Q3 2025 → Q4 2025
QQQ Invesco QQQ Trust Series 1 put Sold out 110,000 $66.0Mbefore exit
QQQ Invesco QQQ Trust Series 1 call New 73,500 $45.2M
TLT iShares 20+ Year Treasury BD call New 337,000 $29.4M
TLT iShares 20+ Year Treasury BD put New 290,000 $25.3M
GLD SPDR Gold Shares put New 57,000 $22.6M
CORZ Core Scientific Inc. call Reduce -32.8% 1,321,600 $19.2M
SPY SS SPDR S&P 500 ETF Trust-US put New 27,500 $18.8M
CORZ Core Scientific Inc. put Reduce -37.9% 1,221,600 $17.8M
COIN Coinbase Global Inc. Class A put Reduce -35.3% 73,900 $16.7M
COIN Coinbase Global Inc. Class A call Reduce -35.3% 73,900 $16.7M
MARA Mara Holdings Inc. call Reduce -17.1% 1,831,100 $16.4M
MARA Mara Holdings Inc. put Reduce -17.1% 1,831,100 $16.4M
IWM iShares Russell 2000 ETF put Sold out 65,000 $15.7Mbefore exit
TSLA Tesla Inc. put Sold out 30,000 $13.3Mbefore exit
XOM Exxon Mobil Corp. put New 109,600 $13.2M
GS Goldman Sachs Group Inc. put New 15,000 $13.2M
JPM JPMorgan Chase & Co. put New 40,800 $13.1M
IBM Intl Business Machines Corp. put New 42,200 $12.5M
AAPL Apple Inc. put New 45,800 $12.5M
WMT Walmart Inc. put New 111,300 $12.4M
GLD SPDR Gold Shares call New 18,500 $7.3M
IBIT iShares Bitcoin Trust ETF put Sold out 100,000 $6.5Mbefore exit
IBIT iShares Bitcoin Trust ETF call Sold out 100,000 $6.5Mbefore exit
NVDA Nvidia Corp. put Sold out 30,000 $5.6Mbefore exit
TSLA Tesla Inc. call Reduce -50.4% 6,200 $2.6M
RKT Rocket Cos Inc. Class A call New 31,800 $616K
SOFI Sofi Technologies Inc. call New 20,000 $524K

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 246$291.4MEWZ, IGV, MELI, VIAV, ONTO
Q1 2026 230$501.0MJD, QQQ, KWEB, MELI, PYPL
Q4 2025 292$508.2MBABA, ORCL, XYZ, EWZ, COIN
Q3 2025 157$279.2MUPS, EWZ, GTLB, ETH, IBIT
Q2 2025Amended 111$133.3MEWZ, MUFG, SMFG, INTC, NPK
Q1 2025 111$83.4MEWZ, EWW, MAGS, INTC, CCIR
Q4 2024 47$87.9MMRNA, ILMN, TKO, UTHR, USFD