Notable Capital Management, L.L.C. In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Notable Capital Management, L.L.C. reported 7 stock positions worth $53.4 million . Its top holding was Kanzhun Ltd. - ADR (BZ) at 59.0% of the portfolio, followed by Ibotta Class A (IBTA, 20.6% ) and Full Truck Alliance -SPN ADR (YMM, 12.6% ). Compared with Q4 2025, it opened 1 new position and sold out of 2. The biggest buy was a new position in XCHG (XCH) and the biggest sale an exit from Opendoor Technologies (OPEN).
Location MENLO PARK, CA
CIK 0002065606
Portfolio Value $53.4M (Q1 2026) Holdings 7 stocks · $53.4M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 BZ Kanzhun Ltd. - ADR 2,354,269 $31.5M No change IBTA Ibotta Inc. Class A 367,032 $11.0M No change YMM Full Truck Alliance -SPN ADR 810,448 $6.7M No change HERE Here Group Ltd. 770,650 $2.7M No change XCH XCHG Ltd. 647,589 $719K New CMRC Commerce.com Inc. 149,721 $400K No change BZAI Blaize Holdings Inc. 163,670 $298K No change
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ OPEN Opendoor Technologies Inc. Sold out 0.00% −2.59 API Agora Inc.-ADR Sold out 0.00% −2.06
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ XCH XCHG Ltd. New 1.35% +1.35
Notes & Other Activity Q4 2025 → Q1 2026 Security Class Change vs Q4 2025 Shares / Principal Value ▼ OPENW Opendoor Technologies Inc.-26 *W EXP 11/20/202 Sold out 10,843 $10Kbefore exit OPENL Opendoor Technologies Inc.-26 *W EXP 11/20/202 Sold out 10,843 $6Kbefore exit OPENZ Opendoor Technologies Inc.-26 *W EXP 11/20/202 Sold out 10,843 $4Kbefore exit
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 9 $51.6M BZ, IBTA, YMM, HERE, SPCX Q1 2026 7 $53.4M BZ, IBTA, YMM, HERE, XCH Q4 2025 8 $73.3M BZ, YMM, IBTA, HERE, OPEN Q3 2025 7 $78.4M BZ, IBTA, HERE, API, OPEN Q2 2025 8 $69.2M BZ, IBTA, HERE, API, CMRC Q1 2025 8 $84.5M BZ, IBTA, HERE, TTAN, API