Militia Capital Management LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Militia Capital Management LLC reported 242 stock positions worth $554.5 million. Its top holding was Amazon.com (AMZN) at 2.9% of the portfolio, followed by Militia Long/SHRT Equity ETF (ORR, 2.6%) and Taiwan Semiconductor-SP ADR (TSM, 2.6%). Compared with Q1 2026, it opened 103 new positions, sold out of 91, added to 57 and reduced 46. The biggest buy was a new position in Nektar Therapeutics (NKTR) and the biggest sale an exit from iShares Bitcoin Trust ETF (IBIT).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0002130487
- Portfolio Value
- $554.5M (Q2 2026)
- SEC Filing
- 0002130487-26-000006 ↗ filed Aug 12, 2026
Holdings Value
Holdings 242 stocks · $554.5M
| AMZN Amazon.com Inc. | 2.89% | 67,193 | $16.0M | Add +10.1% |
| ORR Militia Long/SHRT Equity ETF | 2.65% | 404,411 | $14.7M | Reduce -4.7% |
| TSM Taiwan Semiconductor-SP ADR | 2.55% | 29,623 | $14.1M | Reduce -16.1% |
| ET Energy Transfer LP | 2.07% | 600,000 | $11.5M | No change |
| AX Axos Financial Inc. | 1.76% | 100,000 | $9.7M | No change |
| OMAB Grupo Aeroportuario Cen-ADR | 1.69% | 82,824 | $9.4M | Reduce -2.4% |
| WES Western Midstream Partners L | 1.58% | 200,250 | $8.8M | No change |
| UTI Universal Technical Institut | 1.54% | 199,000 | $8.5M | Reduce -0.5% |
| IBKR Interactive Brokers Gro Class A | 1.43% | 91,000 | $7.9M | No change |
| GOOG Alphabet Inc. Class C | 1.42% | 22,329 | $7.9M | Add +0.5% |
| MRNA Moderna Inc. | 1.37% | 108,701 | $7.6M | Add +372.6% |
| AFRM Affirm Holdings Inc. | 1.36% | 92,502 | $7.5M | Add +1.8% |
| LTH Life Time Group Holdings Inc. | 1.21% | 164,400 | $6.7M | Add +2.0% |
| AVR Anteris Technologies Global | 1.19% | 670,000 | $6.6M | Add +1.5% |
| TIGO Millicom Intl Cellular S.A. | 1.15% | 70,000 | $6.4M | Add +11.1% |
| NKTR Nektar Therapeutics | 1.13% | 90,000 | $6.3M | New |
| AMD Advanced Micro Devices | 1.08% | 10,341 | $6.0M | Reduce -26.1% |
| BKD Brookdale Senior Living Inc. | 1.08% | 372,400 | $6.0M | Add +17.9% |
| PURR Hyperliquid Strategies | 1.03% | 727,387 | $5.7M | Add +11.4% |
| APP AppLovin Corp. Class A | 1.02% | 11,000 | $5.7M | Add +37.5% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 1.02% | 65,000 | $5.6M | Add +114.5% |
| OC Owens Corning | 1.00% | 35,000 | $5.6M | New |
| LINC Lincoln Educational Services | 1.00% | 110,731 | $5.5M | No change |
| KLAR Klarna Group PLC | 0.96% | 263,254 | $5.3M | Reduce -4.9% |
| CYTK Cytokinetics Inc. | 0.92% | 60,000 | $5.1M | New |
| RELX Relx PLC - Spon ADR | 0.91% | 160,000 | $5.1M | New |
| INTR Inter & Co. Inc. Class A | 0.88% | 900,000 | $4.9M | New |
| SHC Sotera Health Co. | 0.86% | 270,000 | $4.8M | Reduce -0.1% |
| IBB iShares Biotechnology ETF | 0.83% | 24,100 | $4.6M | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.79% | 91,600 | $4.4M | New |
| PGNY Progyny Inc. | 0.78% | 149,300 | $4.3M | New |
| NVDA Nvidia Corp. | 0.77% | 21,388 | $4.3M | Add +9.5% |
| NHC National Healthcare Corp. | 0.77% | 20,100 | $4.2M | Add +13.6% |
| UBER Uber Technologies Inc. | 0.76% | 58,350 | $4.2M | New |
| MA Mastercard Inc. Class A | 0.75% | 8,100 | $4.2M | Add +125.0% |
| CAAP Corp. America Airports SA filed as CORPORACION AMER ARPTS S A | 0.73% | 161,000 | $4.1M | No change |
| SVV Savers Value Village Inc. | 0.73% | 400,000 | $4.0M | Add +4.1% |
| GRVY Gravity Co. Ltd.-Sponsored ADR | 0.73% | 59,973 | $4.0M | Reduce -3.0% |
| ECO Okeanis Eco Tankers Corp. | 0.72% | 80,000 | $4.0M | Add +14.3% |
| PKBK Parke Bancorp Inc. | 0.72% | 120,000 | $4.0M | No change |
| EPAM Epam Systems Inc. | 0.71% | 49,923 | $4.0M | New |
| BLK BlackRock Inc. | 0.71% | 4,100 | $3.9M | New |
| PSNL Personalis Inc. | 0.71% | 291,881 | $3.9M | New |
| MPLX MPLX LP | 0.68% | 67,000 | $3.8M | No change |
| RVMD Revolution Medicines Inc. | 0.68% | 20,000 | $3.7M | New |
| INSM Insmed Inc. | 0.68% | 35,100 | $3.7M | New |
| DCO Ducommun Inc. | 0.67% | 20,000 | $3.7M | New |
| MHO M/I Homes Inc. | 0.67% | 23,000 | $3.7M | No change |
| TEVA Teva Pharmaceutical-SP ADR | 0.66% | 108,600 | $3.7M | Reduce -6.5% |
| FIGR Figure Technology Solut Class A | 0.65% | 117,639 | $3.6M | Reduce -9.5% |
| SOLS Solstice Adv Materials Inc. | 0.64% | 40,000 | $3.5M | New |
| CCB Coastal Financial Corp. | 0.63% | 45,000 | $3.5M | Reduce -7.3% |
| AVAV Aerovironment Inc. | 0.63% | 21,060 | $3.5M | Add +1747.4% |
| LIND Lindblad Expeditions Holding | 0.62% | 122,568 | $3.5M | Add +29.1% |
| OSCR Oscar Health Inc. Class A | 0.62% | 120,800 | $3.4M | New |
| AMG Affiliated Managers Group | 0.61% | 10,052 | $3.4M | New |
| V Visa Inc. Class A | 0.61% | 9,903 | $3.4M | Add +22.7% |
| CSX CSX Corp. | 0.60% | 69,700 | $3.3M | No change |
| BMA Banco Macro SA-ADR | 0.60% | 35,700 | $3.3M | Reduce -5.8% |
| MNTN MNTN Inc. Class A | 0.58% | 350,000 | $3.2M | Add +30.4% |
| AGM Federal Agric MTG Corp. Class C | 0.57% | 16,000 | $3.2M | No change |
| GLOB Globant SA | 0.57% | 110,000 | $3.2M | New |
| ILMN Illumina Inc. | 0.57% | 18,100 | $3.2M | New |
| CUBI Customers Bancorp Inc. | 0.57% | 40,000 | $3.2M | Add +220.9% |
| SNAP Snap Inc. Class A | 0.56% | 700,000 | $3.1M | Add +58.5% |
| COO The Cooper Cos Inc. | 0.55% | 42,600 | $3.1M | New |
| SAIA Saia Inc. | 0.54% | 7,120 | $3.0M | Add +17.5% |
| CAI Caris Life Sciences Inc. | 0.54% | 166,600 | $3.0M | New |
| GEO The Geo Group Inc. | 0.52% | 97,600 | $2.9M | Reduce -54.9% |
| CBOE Cboe Global Markets Inc. | 0.52% | 11,840 | $2.9M | New |
| LLY Eli Lilly & Co. | 0.52% | 2,394 | $2.9M | New |
| SII Sprott Inc. | 0.51% | 25,200 | $2.8M | New |
| NVEC Nve Corp. | 0.49% | 26,000 | $2.7M | Add +8.3% |
| SN Sharkninja Inc. | 0.49% | 17,763 | $2.7M | New |
| VIRT Virtu Financial Inc. Class A | 0.48% | 45,100 | $2.7M | Add +252.3% |
| ACHC Acadia Healthcare Co. Inc. | 0.48% | 89,600 | $2.6M | Reduce -26.3% |
| ICFI Icf International Inc. | 0.47% | 36,000 | $2.6M | New |
| LMT Lockheed Martin Corp. | 0.46% | 5,000 | $2.5M | New |
| RHI Robert Half Inc. | 0.45% | 81,807 | $2.5M | Reduce -12.0% |
| WT Wisdomtree Inc. | 0.45% | 147,632 | $2.5M | New |
| OFG Ofg Bancorp | 0.45% | 50,951 | $2.5M | New |
| REGN Regeneron Pharmaceuticals | 0.45% | 4,000 | $2.5M | Add +33.3% |
| DDD 3D Systems Corp. filed as 3D SYS CORP DEL | 0.45% | 825,546 | $2.5M | New |
| KMI Kinder Morgan Inc. | 0.44% | 76,200 | $2.4M | Reduce -11.6% |
| BBC Virtus Biotech Clinical Tria | 0.43% | 45,663 | $2.4M | No change |
| LHX L3HARRIS Technologies Inc. | 0.43% | 8,220 | $2.4M | Add +85.1% |
| NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC | 0.42% | 30,400 | $2.3M | No change |
| DRS Leonardo DRS Inc. | 0.40% | 52,300 | $2.2M | No change |
| OPCH Option Care Health Inc. | 0.39% | 103,543 | $2.2M | New |
| MEDP Medpace Holdings Inc. | 0.38% | 4,000 | $2.1M | Reduce -43.3% |
| TGB Trekor Metals Ltd. | 0.38% | 306,100 | $2.1M | Add +13.2% |
| ENSG The Ensign Group Inc. | 0.38% | 13,100 | $2.1M | New |
| INTC Intel Corp. | 0.38% | 15,000 | $2.1M | Reduce -66.7% |
| FBP First Bancorp Puerto Rico | 0.38% | 80,000 | $2.1M | New |
| GFR Greenfire Resources Ltd. | 0.37% | 362,100 | $2.0M | Add +39.8% |
| LAMR Lamar Advertising Co. Class A | 0.37% | 13,100 | $2.0M | Reduce -40.7% |
| TBBB BBB Foods Inc. Class A | 0.37% | 49,011 | $2.0M | No change |
| ALKS Alkermes PLC | 0.36% | 38,618 | $2.0M | Add +21.0% |
| STT State Street Corp. | 0.36% | 11,900 | $2.0M | New |
| SNDA Sonida Senior Living Inc. | 0.36% | 48,654 | $2.0M | Add +172.5% |
Options reported separately and not counted above: QQQ calls ($1.3B), COIN puts ($526.1M), QQQ puts ($227.0M), BLK calls ($203.6M), TSLA puts ($183.1M), GOOG calls ($83.1M), MSFT calls ($70.9M), IBM calls ($41.5M), AFRM calls ($28.8M), BA calls ($24.5M), GLD calls ($22.1M), AMZN calls ($21.5M), and 24 more.
Portfolio Sells Q1 2026 → Q2 2026
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −2.19 |
| ORR Militia Long/SHRT Equity ETF | Reduce -4.7% | 2.65% | −0.82 |
| FDS Factset Research Systems Inc. | Sold out | 0.00% | −0.81 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.80 |
| ETHA iShares Ethereum Trust ETF | Sold out | 0.00% | −0.80 |
| TPB Turning Point Brands Inc. | Sold out | 0.00% | −0.78 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.76 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.69 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.65 |
| MRX Marex UK Holdings Ltd. | Reduce -76.6% | 0.22% | −0.63 |
| WMB Williams Cos Inc. | Sold out | 0.00% | −0.63 |
| CORN Teucrium Corn Fund | Sold out | 0.00% | −0.62 |
| ALGN Align Technology Inc. | Reduce -68.1% | 0.20% | −0.59 |
| EIDO iShares MSCI Indonesia ETF | Sold out | 0.00% | −0.58 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.58 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.57 |
| ICLR Icon PLC | Sold out | 0.00% | −0.57 |
| NOK Nokia Corp.-Spon ADR | Sold out | 0.00% | −0.54 |
| MELI MercadoLibre Inc. | Reduce -60.0% | 0.24% | −0.53 |
| SMTC Semtech Corp. | Sold out | 0.00% | −0.52 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -93.8% | 0.02% | −0.49 |
| OMAB Grupo Aeroportuario Cen-ADR | Reduce -2.4% | 1.69% | −0.49 |
| STM Stmicroelectronics NV-NY SHS | Reduce -78.0% | 0.30% | −0.48 |
| FIVN FIVE9 Inc. | Sold out | 0.00% | −0.48 |
| BCS Barclays PLC-Spons ADR | Sold out | 0.00% | −0.47 |
| FLR Fluor Corp. | Sold out | 0.00% | −0.47 |
| TMDX Transmedics Group Inc. | Sold out | 0.00% | −0.47 |
| STLD Steel Dynamics Inc. | Sold out | 0.00% | −0.46 |
| NIKL Sprott Nickel Miners ETF | Reduce -31.7% | 0.35% | −0.45 |
| ACIC American Coastal Insurance C | Reduce -84.7% | 0.06% | −0.44 |
| ABVX Abivax SA-ADR | Sold out | 0.00% | −0.42 |
| WEAT Teucrium Wheat Fund | Sold out | 0.00% | −0.41 |
| CVCO Cavco Industries Inc. | Sold out | 0.00% | −0.41 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.38 |
| MEDP Medpace Holdings Inc. | Reduce -43.3% | 0.38% | −0.38 |
| ERO Ero Copper Corp. | Sold out | 0.00% | −0.37 |
| UI Ubiquiti Inc. | Sold out | 0.00% | −0.35 |
| QURE Uniqure NV | Sold out | 0.00% | −0.34 |
| DBC Invesco DB Commodity Index T | Sold out | 0.00% | −0.34 |
| FIGR Figure Technology Solut Class A | Reduce -9.5% | 0.65% | −0.34 |
| GTLB Gitlab Inc. Class A | Sold out | 0.00% | −0.33 |
| CBNK Capital Bancorp Inc. | Sold out | 0.00% | −0.31 |
| SKY Champion Homes Inc. | Sold out | 0.00% | −0.31 |
| ONON On Holding AG Class A | Sold out | 0.00% | −0.31 |
| FND Floor & Decor Holdings Inc. Class A | Sold out | 0.00% | −0.31 |
| RDDT Reddit Inc. Class A | Reduce -58.9% | 0.23% | −0.31 |
| EVLV Evolv Technologies Holdings | Reduce -33.3% | 0.31% | −0.30 |
| GEO The Geo Group Inc. | Reduce -54.9% | 0.52% | −0.29 |
| VG Venture Global Inc. Class A | Reduce -7.4% | 0.33% | −0.29 |
| ARX Accelerant Holdings Class A | Reduce -46.7% | 0.17% | −0.28 |
Portfolio Buys Q1 2026 → Q2 2026
| NKTR Nektar Therapeutics | New | 1.13% | +1.13 |
| MRNA Moderna Inc. | Add +372.6% | 1.37% | +1.11 |
| OC Owens Corning | New | 1.00% | +1.00 |
| CYTK Cytokinetics Inc. | New | 0.92% | +0.92 |
| RELX Relx PLC - Spon ADR | New | 0.91% | +0.91 |
| INTR Inter & Co. Inc. Class A | New | 0.88% | +0.88 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.79% | +0.79 |
| PGNY Progyny Inc. | New | 0.78% | +0.78 |
| UBER Uber Technologies Inc. | New | 0.76% | +0.76 |
| EPAM Epam Systems Inc. | New | 0.71% | +0.71 |
| BLK BlackRock Inc. | New | 0.71% | +0.71 |
| PSNL Personalis Inc. | New | 0.71% | +0.71 |
| RVMD Revolution Medicines Inc. | New | 0.68% | +0.68 |
| INSM Insmed Inc. | New | 0.68% | +0.68 |
| DCO Ducommun Inc. | New | 0.67% | +0.67 |
| SOLS Solstice Adv Materials Inc. | New | 0.64% | +0.64 |
| OSCR Oscar Health Inc. Class A | New | 0.62% | +0.62 |
| AMG Affiliated Managers Group | New | 0.61% | +0.61 |
| AVAV Aerovironment Inc. | Add +1747.4% | 0.63% | +0.58 |
| GLOB Globant SA | New | 0.57% | +0.57 |
| ILMN Illumina Inc. | New | 0.57% | +0.57 |
| COO The Cooper Cos Inc. | New | 0.55% | +0.55 |
| CAI Caris Life Sciences Inc. | New | 0.54% | +0.54 |
| CBOE Cboe Global Markets Inc. | New | 0.52% | +0.52 |
| LLY Eli Lilly & Co. | New | 0.52% | +0.52 |
| KSPI JSC Kaspi.kz ADR | Add +114.5% | 1.02% | +0.51 |
| SII Sprott Inc. | New | 0.51% | +0.51 |
| SN Sharkninja Inc. | New | 0.49% | +0.49 |
| ICFI Icf International Inc. | New | 0.47% | +0.47 |
| LMT Lockheed Martin Corp. | New | 0.46% | +0.46 |
| WT Wisdomtree Inc. | New | 0.45% | +0.45 |
| OFG Ofg Bancorp | New | 0.45% | +0.45 |
| DDD 3D Systems Corp. | New | 0.45% | +0.45 |
| AFRM Affirm Holdings Inc. | Add +1.8% | 1.36% | +0.43 |
| OPCH Option Care Health Inc. | New | 0.39% | +0.39 |
| ENSG The Ensign Group Inc. | New | 0.38% | +0.38 |
| CUBI Customers Bancorp Inc. | Add +220.9% | 0.57% | +0.38 |
| FBP First Bancorp Puerto Rico | New | 0.38% | +0.38 |
| AVR Anteris Technologies Global | Add +1.5% | 1.19% | +0.37 |
| STT State Street Corp. | New | 0.36% | +0.36 |
| VIRT Virtu Financial Inc. Class A | Add +252.3% | 0.48% | +0.36 |
| JAN Janus Living Inc. Class-A-1 | New | 0.35% | +0.35 |
| MA Mastercard Inc. Class A | Add +125.0% | 0.75% | +0.35 |
| YETI Yeti Holdings Inc. | New | 0.33% | +0.33 |
| HCSG Healthcare Services Group | New | 0.32% | +0.32 |
| MYGN Myriad Genetics Inc. | New | 0.31% | +0.31 |
| APP AppLovin Corp. Class A | Add +37.5% | 1.02% | +0.31 |
| PURR Hyperliquid Strategies | Add +11.4% | 1.03% | +0.29 |
| STN Stantec Inc. | New | 0.27% | +0.27 |
| LIND Lindblad Expeditions Holding | Add +29.1% | 0.62% | +0.26 |
Options Activity Q1 2026 → Q2 2026
| QQQ Invesco QQQ Trust Series 1 | call | New | 1,717,400 | $1.3B |
| COIN Coinbase Global Inc. Class A | put | Add +1186.5% | 3,598,400 | $526.1M |
| QQQ Invesco QQQ Trust Series 1 | put | New | 308,200 | $227.0M |
| BLK BlackRock Inc. | call | New | 211,700 | $203.6M |
| TSLA Tesla Inc. | put | Add +47.5% | 435,300 | $183.1M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 249,800 | $162.5Mbefore exit |
| GOOG Alphabet Inc. Class C | call | New | 235,200 | $83.1M |
| MSFT Microsoft Corp. | call | New | 190,000 | $70.9M |
| IBM Intl Business Machines Corp. | call | New | 147,600 | $41.5M |
| AFRM Affirm Holdings Inc. | call | New | 353,400 | $28.8M |
| BA The Boeing Co. | call | Reduce -59.7% | 113,000 | $24.5M |
| GLD SPDR Gold Shares | call | New | 60,000 | $22.1M |
| ISRG Intuitive Surgical Inc. | put | Sold out | 47,500 | $21.9Mbefore exit |
| AMZN Amazon.com Inc. | call | New | 90,000 | $21.5M |
| EEM iShares MSCI Emerging Market | put | Reduce -16.1% | 312,600 | $21.4M |
| LLY Eli Lilly & Co. | call | New | 12,800 | $15.4M |
| IWM iShares Russell 2000 ETF | call | Sold out | 60,000 | $14.9Mbefore exit |
| CORN Teucrium Corn Fund | call | Sold out | 679,600 | $12.5Mbefore exit |
| NVDA Nvidia Corp. | call | Reduce -40.0% | 60,000 | $12.0M |
| CASY Casey's General Stores Inc. | put | New | 15,000 | $11.9M |
| MRNA Moderna Inc. | call | New | 148,500 | $10.4M |
| RHI Robert Half Inc. | call | Sold out | 399,800 | $10.2Mbefore exit |
| ASTS Ast Spacemobile Inc. | put | New | 105,700 | $9.4M |
| HCA HCA Healthcare Inc. | put | Reduce -42.6% | 21,800 | $8.5M |
| SNAP Snap Inc. Class A | call | New | 1,700,000 | $7.5M |
| EWZ iShares MSCI Brazil ETF | put | Sold out | 160,000 | $6.1Mbefore exit |
| XLP SS Consumer Staples Sel Sect | call | New | 70,000 | $5.8M |
| ERO Ero Copper Corp. | call | Sold out | 160,200 | $4.3Mbefore exit |
| FXI iShares China Large-Cap ETF | call | Sold out | 115,500 | $4.1Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 6,000 | $3.9Mbefore exit |
| CMG Chipotle Mexican Grill Inc. | put | Sold out | 92,200 | $3.0Mbefore exit |
| CVS CVS Health Corp. | put | Sold out | 35,200 | $2.5Mbefore exit |
| WBD Warner Bros Discovery Inc. | put | Sold out | 82,000 | $2.3Mbefore exit |
| GVA Granite Construction Inc. | put | Sold out | 15,100 | $1.8Mbefore exit |
| SLV iShares Silver Trust | call | Sold out | 20,000 | $1.4Mbefore exit |
| ETHA iShares Ethereum Trust ETF | put | New | 88,600 | $1.1M |
| STRL Sterling Infrastructure Inc. | put | Sold out | 2,500 | $1.0Mbefore exit |
| USO United States Oil Fund LP | call | Sold out | 8,000 | $1.0Mbefore exit |
| FLR Fluor Corp. | call | Sold out | 13,300 | $620Kbefore exit |
| TEL Te Connectivity PLC | put | Sold out | 97,900 | $430Kbefore exit |
| MSTR Strategy Inc. | call | Sold out | 15,000 | $399Kbefore exit |
| CBUS Cibus Inc. | put | Sold out | 200,000 | $396Kbefore exit |
| EOSE Eos Energy Enterprises Inc. | put | Add +16.6% | 35,100 | $206K |
| ETHA iShares Ethereum Trust ETF | call | Sold out | 11,500 | $182Kbefore exit |
| FCEL Fuelcell Energy Inc. | put | Sold out | 10,000 | $65Kbefore exit |
| BNGO Bionano Genomics Inc. | put | Sold out | 10,000 | $18Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.