Notable Capital Management, L.L.C.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Notable Capital Management, L.L.C. reported 8 stock positions worth $73.3 million. Its top holding was Kanzhun Ltd. - ADR (BZ) at 65.5% of the portfolio, followed by Full Truck Alliance -SPN ADR (YMM, 11.9%) and Ibotta Class A (IBTA, 11.4%). Compared with Q3 2025, it opened 1 new position, added to 1 and reduced 3. The biggest buy was a new position in Full Truck Alliance -SPN ADR (YMM) and the biggest sale Kanzhun Ltd. - ADR (BZ, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- MENLO PARK, CA
- CIK
- 0002065606
- Portfolio Value
- $73.3M (Q4 2025)
- SEC Filing
- 0002065606-26-000003 ↗ filed Feb 13, 2026
Holdings Value
Holdings 8 stocks · $73.3M
| BZ Kanzhun Ltd. - ADR | 65.46% | 2,354,269 | $48.0M | Reduce -0.5% |
| YMM Full Truck Alliance -SPN ADR | 11.86% | 810,448 | $8.7M | New |
| IBTA Ibotta Inc. Class A | 11.38% | 367,032 | $8.3M | No change |
| HERE Here Group Ltd. | 5.37% | 770,650 | $3.9M | Reduce 0.0% |
| OPEN Opendoor Technologies Inc. | 2.59% | 325,311 | $1.9M | Add +43.7% |
| API Agora Inc.-ADR | 2.06% | 371,472 | $1.5M | Reduce -50.5% |
| CMRC Commerce.com Inc. | 0.84% | 149,721 | $617K | No change |
| BZAI Blaize Holdings Inc. | 0.44% | 163,670 | $319K | No change |
Other holdings (3): bonds, preferreds, convertibles and warrants · $20K (not counted above)
Total filed on the 13F, all lines: $73.3M.
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
Notes & Other Activity Q3 2025 → Q4 2025
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | Add +43.8% | 10,843 | $10K |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 10,843 | $6K |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 10,843 | $4K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.