Philosophy Capital Management LLC In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Philosophy Capital Management LLC reported 36 stock positions worth $858.1 million . Its top holding was Golar LNG (GLNG) at 6.3% of the portfolio, followed by Compass Class A (COMP, 5.8% ) and Energy Transfer (ET, 5.1% ). Compared with Q4 2025, it opened 7 new positions, sold out of 5, added to 18 and reduced 11. The biggest buy was a new position in Microsoft (MSFT) and the biggest sale Golar LNG (GLNG, shares −58% ).
Location Alamo, CA
CIK 0001869199
Portfolio Value $858.1M (Q1 2026) Holdings 36 stocks · $858.1M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 GLNG Golar LNG Ltd. 1,000,000 $54.1M Reduce -57.9% COMP Compass Inc. Class A 6,775,197 $49.5M Add +17.2% ET Energy Transfer LP 2,267,928 $43.8M Reduce -15.5% SBLK Star Bulk Carriers Corp. 1,874,418 $43.1M Add +13.6% CXW Corecivic Inc. 2,159,138 $40.8M Add +26.1% VST Vistra Corp. 244,400 $36.7M Add +154.7% CPAY Corpay Inc. 119,449 $34.8M Add +7.9% MSFT Microsoft Corp. 90,000 $33.3M New PUMP Propetro Holding Corp. 2,283,573 $32.9M Reduce -41.5% ESTC Elastic NV 635,010 $31.7M Add +125.9% TDAY USA Today Co. Inc. 4,300,000 $30.3M Reduce -33.4% GEO The Geo Group Inc. 1,720,666 $28.9M Add +5.7% RKT Rocket Cos Inc. Class A 2,000,000 $28.5M Add +85.4% GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 582,662 $23.5M Add +2.2% SOLV Solventum Corp. 356,997 $23.3M Add +1.2% MCY Mercury General Corp. 257,296 $22.7M Add +0.4% PCG P G & E Corp. 1,258,603 $22.1M Reduce -41.3% FLUT Flutter Entertainment PLC-Di 214,437 $21.9M Add +222.8% TLN Talen Energy Corp. 68,315 $21.8M Add +12.4% KRC Kilroy Realty Corp. 750,000 $21.2M Reduce -32.9% HPP Hudson Pacific Properties Inc. 3,545,971 $21.0M Add +54.1% NINE Nine Energy Service Inc. 2,551,128 $20.9M New NOK Nokia Corp.-Spon ADR 2,500,000 $20.1M New CWH Camping World Holdings Inc. Class A 2,658,877 $18.2M Add +123.1% BRBR Bellring Brands Inc. 1,121,217 $18.0M New KYIV Kyivstar Group Ltd. 1,652,145 $16.7M New PVH PVH Corp. 209,410 $14.6M New ICLR Icon PLC 111,015 $12.3M Reduce -22.9% GLXY Galaxy Digital Inc. Class A 654,379 $12.1M Add +37.2% AEXA American Exceptionalism Class A 1,004,367 $10.9M Add +0.4% SBET Sharplink Inc. 1,533,918 $9.9M Add +55.1% NN Nextnav Inc. 550,000 $8.8M Reduce -37.4% MCHB Mechanics Bancorp Class A 582,001 $8.6M Reduce -6.7% MRVI Maravai Lifesciences Hldgs-A 2,637,117 $7.5M Reduce -14.9% HIMS Hims & Hers Health Inc. 350,000 $7.3M New OFIX Orthofix Medical Inc. 558,901 $6.4M Reduce -45.0%
Options reported separately and not counted above: IWM puts ($384.4M), SPY puts ($227.6M), QQQ puts ($144.3M), COMP calls ($7.4M), CXW calls ($5.7M), CWH calls ($2.6M), HPP calls ($858K).
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ GLNG Golar LNG Ltd. Reduce -57.9% 6.31% −4.05 CZR Caesars Entertainment Inc. Sold out 0.00% −3.01 KRC Kilroy Realty Corp. Reduce -32.9% 2.47% −2.43 GME Gamestop Corp. Class A Sold out 0.00% −2.23 BBIO Bridgebio Pharma Inc. Sold out 0.00% −1.79 RRX Regal Rexnord Corp. Sold out 0.00% −1.75 ICLR Icon PLC Reduce -22.9% 1.43% −1.64 PCG P G & E Corp. Reduce -41.3% 2.58% −1.46 OFIX Orthofix Medical Inc. Reduce -45.0% 0.75% −1.05 NN Nextnav Inc. Reduce -37.4% 1.03% −0.68 TH Target Hospitality Corp. Sold out 0.00% −0.61 PUMP Propetro Holding Corp. Reduce -41.5% 3.83% −0.51 TDAY USA Today Co. Inc. Reduce -33.4% 3.53% −0.36 MRVI Maravai Lifesciences Hldgs-A Reduce -14.9% 0.87% −0.31 ET Energy Transfer LP Reduce -15.5% 5.10% −0.08 MCHB Mechanics Bancorp Class A Reduce -6.7% 1.00% −0.07
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ MSFT Microsoft Corp. New 3.88% +3.88 VST Vistra Corp. Add +154.7% 4.28% +2.47 NINE Nine Energy Service Inc. New 2.44% +2.44 NOK Nokia Corp.-Spon ADR New 2.34% +2.34 BRBR Bellring Brands Inc. New 2.10% +2.10 KYIV Kyivstar Group Ltd. New 1.95% +1.95 PVH PVH Corp. New 1.70% +1.70 SBLK Star Bulk Carriers Corp. Add +13.6% 5.02% +1.30 ESTC Elastic NV Add +125.9% 3.70% +1.22 CXW Corecivic Inc. Add +26.1% 4.76% +0.93 RKT Rocket Cos Inc. Class A Add +85.4% 3.32% +0.88 FLUT Flutter Entertainment PLC-Di Add +222.8% 2.55% +0.88 HIMS Hims & Hers Health Inc. New 0.85% +0.85 CWH Camping World Holdings Inc. Class A Add +123.1% 2.12% +0.76 GDS GDS Holdings Ltd. - ADR Add +2.2% 2.74% +0.41 GEO The Geo Group Inc. Add +5.7% 3.37% +0.30 GLXY Galaxy Digital Inc. Class A Add +37.2% 1.41% +0.16 CPAY Corpay Inc. Add +7.9% 4.05% +0.15 SBET Sharplink Inc. Add +55.1% 1.15% +0.12 AEXA American Exceptionalism Class A Add +0.4% 1.27% −0.07 TLN Talen Energy Corp. Add +12.4% 2.54% −0.13 MCY Mercury General Corp. Add +0.4% 2.64% −0.18 HPP Hudson Pacific Properties Inc. Add +54.1% 2.44% −0.48 SOLV Solventum Corp. Add +1.2% 2.72% −0.56 COMP Compass Inc. Class A Add +17.2% 5.77% −1.38
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ IWM iShares Russell 2000 ETF put Add +55.0% 15,500 $384.4M SPY SS SPDR S&P 500 ETF Trust-US put Reduce -58.8% 3,500 $227.6M QQQ Invesco QQQ Trust Series 1 put Reduce -64.3% 2,500 $144.3M ET Energy Transfer LP call Sold out 20,515 $33.8Mbefore exit EWZ iShares MSCI Brazil ETF call Sold out 9,152 $29.1Mbefore exit COMP Compass Inc. Class A call Add +1.2% 10,116 $7.4M CXW Corecivic Inc. call New 3,000 $5.7M CWH Camping World Holdings Inc. Class A call New 3,845 $2.6M GEO The Geo Group Inc. call Sold out 1,500 $2.4Mbefore exit
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 35 $1.0B COMP, GLNG, CXW, GLXY, VST Q1 2026 36 $858.1M GLNG, COMP, ET, SBLK, CXW Q4 2025 34 $854.1M GLNG, COMP, ET, KRC, PUMP Q3 2025 38 $864.0M GLNG, TLN, CZR, KRC, ET Q2 2025 33 $794.1M GLNG, CZR, TLN, ET, TALO Q1 2025 33 $750.5M GLNG, CZR, ET, TALO, TLN Q4 2024 30 $741.4M GLNG, CZR, ET, PRGO, TALO Q3 2024 23 $721.7M GLNG, CZR, TLN, PRGO, ET Q2 2024 Amended 22 $652.2M CZR, GLNG, PRGO, TLN, BGC Q1 2024 24 $511.2M BGC, GLNG, PRGO, ET, CZR