Ping Capital Management, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), Ping Capital Management, Inc. reported 66 stock positions worth $258.5 million. Its top holding was YPF S.A.-Sponsored ADR (YPF) at 24.6% of the portfolio, followed by Pampa Energia SA-Spon ADR (PAM, 11.3%) and Bbva Argentina SA-ADR (BBAR, 10.8%). Compared with Q4 2025, it opened 18 new positions, sold out of 6, added to 28 and reduced 15. The biggest buy was Bbva Argentina SA-ADR (BBAR, shares +123%) and the biggest sale iShares China Large-Cap ETF (FXI, shares −57%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001804352
- Portfolio Value
- $258.5M (Q1 2026)
- SEC Filing
- 0001804352-26-000002 ↗ filed Apr 27, 2026
Holdings Value
Holdings 66 stocks · $258.5M
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 24.64% | 1,378,200 | $63.7M | Reduce -29.3% |
| PAM Pampa Energia SA-Spon ADR | 11.28% | 329,500 | $29.2M | Add +54.6% |
| BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A | 10.81% | 1,739,600 | $27.9M | Add +122.8% |
| GGAL Grupo Financiero Galicia-ADR | 9.40% | 520,500 | $24.3M | Add +15.5% |
| KWEB Kranesh Csi China Internet | 7.22% | 656,300 | $18.7M | Add +32.6% |
| BMA Banco Macro SA-ADR | 5.15% | 172,204 | $13.3M | Add +44.0% |
| EWZ iShares MSCI Brazil ETF | 2.64% | 177,800 | $6.8M | Reduce -22.6% |
| FXI iShares China Large-Cap ETF | 2.25% | 162,000 | $5.8M | Reduce -56.8% |
| VIST Vista Energy Sab DE CV | 2.14% | 73,300 | $5.5M | Reduce -67.4% |
| SUPV Grupo Supervielle SA-SP ADR | 1.90% | 520,500 | $4.9M | Add +19.9% |
| TGS Transportador Gas-ADR SP B | 1.40% | 104,800 | $3.6M | Add +2.0% |
| YINN Direxion DLY Ftse CH BL3X-Ui | 1.33% | 105,000 | $3.4M | New |
| BABA Alibaba Group Holding-SP ADR | 1.26% | 26,000 | $3.3M | New |
| JD Jd.com Inc.-ADR | 1.17% | 102,000 | $3.0M | Add +142.9% |
| CEPU Central Puerto-Sponsored ADR | 0.98% | 150,200 | $2.5M | Add +18.3% |
| UNH Unitedhealth Group Inc. | 0.90% | 8,600 | $2.3M | Add +79.2% |
| EDN Emp Distrib Y Comerc Nor-ADR filed as EMPRESA DIST Y COMERCIAL NOR | 0.90% | 77,400 | $2.3M | Add +47.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.87% | 3,900 | $2.3M | Reduce -73.1% |
| FXE Invesco Currencyshares Euro | 0.81% | 19,700 | $2.1M | New |
| PDD PDD Holdings Inc. | 0.81% | 20,500 | $2.1M | New |
| IRS Irsa -SP ADR filed as IRSA INVERSIONES Y REP S A | 0.78% | 124,551 | $2.0M | Add +28.9% |
| CRESY Cresud S.A.-Spons ADR | 0.73% | 149,355 | $1.9M | Add +10.8% |
| CAAP Corp. America Airports SA filed as CORPORACION AMER ARPTS S A | 0.72% | 74,000 | $1.9M | Add +59.1% |
| PBR Petroleo Brasileiro-Spon ADR | 0.68% | 84,900 | $1.8M | Reduce -78.3% |
| AAPL Apple Inc. | 0.57% | 5,800 | $1.5M | Reduce -64.6% |
| LOMA Loma Negra Cia Ind-Spon ADR | 0.54% | 126,000 | $1.4M | Add +38.0% |
| MELI MercadoLibre Inc. | 0.47% | 700 | $1.2M | Add +600.0% |
| MSFT Microsoft Corp. | 0.43% | 3,000 | $1.1M | Add +275.0% |
| TMF Dir DLY 20+YR TR BL3X ETF-Ui | 0.39% | 28,000 | $1.0M | Reduce -58.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.37% | 9,900 | $954K | Add +10.0% |
| ASHR Xtrackers Harvest Csi 300 CH | 0.35% | 28,000 | $914K | Reduce -68.2% |
| LAR Lithium Argentina AG | 0.34% | 133,000 | $888K | Add +30.4% |
| NVDA Nvidia Corp. | 0.34% | 5,000 | $872K | Add +354.6% |
| LI Li Auto Inc. - ADR | 0.33% | 48,000 | $856K | Add +6.7% |
| BILI Bilibili Inc.-Sponsored ADR | 0.32% | 37,000 | $835K | New |
| PFE Pfizer Inc. | 0.27% | 25,000 | $702K | No change |
| TME Tencent Music Entertainm-ADR | 0.27% | 75,000 | $696K | New |
| BIDU Baidu Inc. - Spon ADR | 0.26% | 6,000 | $669K | New |
| VALE Vale SA-SP ADR | 0.24% | 38,800 | $617K | Add +10.5% |
| JETS US Global Jets ETF | 0.24% | 25,000 | $616K | New |
| MCD McDonald's Corp. | 0.23% | 1,900 | $591K | Add +58.3% |
| EEM iShares MSCI Emerging Market | 0.22% | 10,000 | $568K | New |
| VIPS Vipshop Holdings Ltd. - ADR | 0.20% | 33,000 | $519K | New |
| SNY Sanofi-ADR | 0.19% | 10,000 | $482K | Add +66.7% |
| RACE Ferrari NV | 0.18% | 1,400 | $474K | New |
| ALB Albemarle Corp. | 0.18% | 2,600 | $467K | Reduce -80.0% |
| NFLX Netflix Inc. | 0.17% | 4,500 | $433K | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.15% | 27,100 | $389K | Add +99.3% |
| CCL Carnival Corp. | 0.15% | 15,000 | $388K | New |
| XPEV Xpeng Inc. - ADR | 0.15% | 22,500 | $385K | New |
| AGRO Adecoagro SA | 0.15% | 25,100 | $377K | Reduce -79.1% |
| AMZN Amazon.com Inc. | 0.14% | 1,800 | $375K | Reduce -10.0% |
| STM Stmicroelectronics NV-NY SHS | 0.13% | 10,000 | $346K | Reduce -41.2% |
| FMS Fresenius Medical Care-ADR | 0.13% | 15,000 | $338K | Add +50.0% |
| CNH CNH Industrial NV | 0.13% | 30,000 | $330K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.13% | 500 | $325K | Reduce -61.5% |
| IWM iShares Russell 2000 ETF | 0.12% | 1,300 | $322K | New |
| ARKG ARK Genomic Revolution ETF | 0.12% | 12,000 | $317K | New |
| GOOGL Alphabet Inc. Class A | 0.11% | 1,000 | $288K | New |
| AAL American Airlines Group Inc. | 0.10% | 25,000 | $269K | New |
| TEO Telecom Argentina SA-SP ADR | 0.09% | 20,700 | $242K | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.09% | 500 | $232K | No change |
| ATHM Autohome Inc.-ADR | 0.09% | 13,000 | $226K | Add +30.0% |
| EC Ecopetrol SA-Sponsored ADR | 0.07% | 12,000 | $180K | Reduce -70.7% |
| LAC Lithium Americas Corp. | 0.05% | 30,000 | $119K | Add +20.0% |
| BIOX Bioceres Crop Solutions Corp. | 0.01% | 55,000 | $24K | No change |
Options reported separately and not counted above: INVESCO QQQ TR calls ($31.9M), MICROSOFT CORP calls ($17.7M), STATE STR SPDR S&P 500 ETF T puts ($14.0M), ALPHABET INC calls ($5.5M), TESLA INC calls ($5.0M), APPLE INC calls ($4.4M), NVIDIA CORPORATION calls ($4.3M), UNITEDHEALTH GROUP INC calls ($1.9M), ISHARES TR calls ($1.6M), NVIDIA CORPORATION puts ($1.6M), KRANESHARES TRUST calls ($853K), TESLA INC puts ($706K), and 5 more.
Portfolio Sells Q4 2025 → Q1 2026
| FXI iShares China Large-Cap ETF | Reduce -56.8% | 2.25% | −3.47 |
| YPF YPF S.A.-Sponsored ADR | Reduce -29.3% | 24.64% | −3.43 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -73.1% | 0.87% | −2.68 |
| VIST Vista Energy Sab DE CV | Reduce -67.4% | 2.14% | −2.22 |
| XOP SS SPDR S&P Og Exp & Prod | Sold out | 0.00% | −2.01 |
| AAPL Apple Inc. | Reduce -64.6% | 0.57% | −1.21 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -78.3% | 0.68% | −1.17 |
| ASHR Xtrackers Harvest Csi 300 CH | Reduce -68.2% | 0.35% | −0.80 |
| TMF Dir DLY 20+YR TR BL3X ETF-Ui | Reduce -58.8% | 0.39% | −0.62 |
| ALB Albemarle Corp. | Reduce -80.0% | 0.18% | −0.55 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.53 |
| EWZ iShares MSCI Brazil ETF | Reduce -22.6% | 2.64% | −0.27 |
| AGRO Adecoagro SA | Reduce -79.1% | 0.15% | −0.23 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -61.5% | 0.13% | −0.23 |
| IBB iShares Biotechnology ETF | Sold out | 0.00% | −0.13 |
| JEPQ JPM Nasdaq Equity Premium | Sold out | 0.00% | −0.13 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.10 |
| EC Ecopetrol SA-Sponsored ADR | Reduce -70.7% | 0.07% | −0.09 |
| ALK Alaska Air Group Inc. | Sold out | 0.00% | −0.08 |
| STM Stmicroelectronics NV-NY SHS | Reduce -41.2% | 0.13% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -10.0% | 0.14% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| BBAR Bbva Argentina SA-ADR | Add +122.8% | 10.81% | +5.19 |
| PAM Pampa Energia SA-Spon ADR | Add +54.6% | 11.28% | +3.77 |
| YINN Direxion DLY Ftse CH BL3X-Ui | New | 1.33% | +1.33 |
| BABA Alibaba Group Holding-SP ADR | New | 1.26% | +1.26 |
| BMA Banco Macro SA-ADR | Add +44.0% | 5.15% | +0.86 |
| FXE Invesco Currencyshares Euro | New | 0.81% | +0.81 |
| PDD PDD Holdings Inc. | New | 0.81% | +0.81 |
| JD Jd.com Inc.-ADR | Add +142.9% | 1.17% | +0.69 |
| KWEB Kranesh Csi China Internet | Add +32.6% | 7.22% | +0.50 |
| MELI MercadoLibre Inc. | Add +600.0% | 0.47% | +0.39 |
| BILI Bilibili Inc.-Sponsored ADR | New | 0.32% | +0.32 |
| MSFT Microsoft Corp. | Add +275.0% | 0.43% | +0.28 |
| EDN Emp Distrib Y Comerc Nor-ADR | Add +47.7% | 0.90% | +0.27 |
| TME Tencent Music Entertainm-ADR | New | 0.27% | +0.27 |
| UNH Unitedhealth Group Inc. | Add +79.2% | 0.90% | +0.27 |
| BIDU Baidu Inc. - Spon ADR | New | 0.26% | +0.26 |
| NVDA Nvidia Corp. | Add +354.6% | 0.34% | +0.26 |
| CAAP Corp. America Airports SA | Add +59.1% | 0.72% | +0.24 |
| JETS US Global Jets ETF | New | 0.24% | +0.24 |
| EEM iShares MSCI Emerging Market | New | 0.22% | +0.22 |
| VIPS Vipshop Holdings Ltd. - ADR | New | 0.20% | +0.20 |
| RACE Ferrari NV | New | 0.18% | +0.18 |
| NFLX Netflix Inc. | New | 0.17% | +0.17 |
| CCL Carnival Corp. | New | 0.15% | +0.15 |
| XPEV Xpeng Inc. - ADR | New | 0.15% | +0.15 |
| IRS Irsa -SP ADR | Add +28.9% | 0.78% | +0.14 |
| TGS Transportador Gas-ADR SP B | Add +2.0% | 1.40% | +0.13 |
| IWM iShares Russell 2000 ETF | New | 0.12% | +0.12 |
| ARKG ARK Genomic Revolution ETF | New | 0.12% | +0.12 |
| LAR Lithium Argentina AG | Add +30.4% | 0.34% | +0.12 |
| GOOGL Alphabet Inc. Class A | New | 0.11% | +0.11 |
| AAL American Airlines Group Inc. | New | 0.10% | +0.10 |
| CEPU Central Puerto-Sponsored ADR | Add +18.3% | 0.98% | +0.09 |
| MCD McDonald's Corp. | Add +58.3% | 0.23% | +0.08 |
| SNY Sanofi-ADR | Add +66.7% | 0.19% | +0.07 |
| LOMA Loma Negra Cia Ind-Spon ADR | Add +38.0% | 0.54% | +0.07 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +99.3% | 0.15% | +0.06 |
| CRESY Cresud S.A.-Spons ADR | Add +10.8% | 0.73% | +0.06 |
| VALE Vale SA-SP ADR | Add +10.5% | 0.24% | +0.06 |
| FMS Fresenius Medical Care-ADR | Add +50.0% | 0.13% | +0.04 |
| LI Li Auto Inc. - ADR | Add +6.7% | 0.33% | +0.03 |
| LAC Lithium Americas Corp. | Add +20.0% | 0.05% | +0.00 |
| ATHM Autohome Inc.-ADR | Add +30.0% | 0.09% | −0.00 |
| DIS The Walt Disney Co. | Add +10.0% | 0.37% | −0.04 |
| SUPV Grupo Supervielle SA-SP ADR | Add +19.9% | 1.90% | −0.14 |
| GGAL Grupo Financiero Galicia-ADR | Add +15.5% | 9.40% | −0.28 |
Options Activity Q4 2025 → Q1 2026
| INVESCO QQQ TR | call | Add +26.3% | 55,200 | $31.9M |
| MICROSOFT CORP | call | Add +219.3% | 47,900 | $17.7M |
| INVESCO QQQ TR | put | Sold out | 26,800 | $16.5Mbefore exit |
| STATE STR SPDR S&P 500 ETF T | put | Reduce -18.3% | 21,500 | $14.0M |
| ALPHABET INC | call | Add +850.0% | 19,000 | $5.5M |
| TESLA INC | call | Add +243.6% | 13,400 | $5.0M |
| APPLE INC | call | Add +8.1% | 17,300 | $4.4M |
| NVIDIA CORPORATION | call | Add +38.5% | 24,800 | $4.3M |
| UNITEDHEALTH GROUP INC | call | Add +213.0% | 7,200 | $1.9M |
| LOCKHEED MARTIN CORP | call | Sold out | 4,000 | $1.9Mbefore exit |
| ISHARES TR | call | Add +1.5% | 6,600 | $1.6M |
| NVIDIA CORPORATION | put | Reduce -62.1% | 9,200 | $1.6M |
| KRANESHARES TRUST | call | New | 30,000 | $853K |
| TESLA INC | put | Reduce -69.8% | 1,900 | $706K |
| AMAZON COM INC | call | Reduce -57.1% | 2,700 | $562K |
| APPLE INC | put | Add +120.0% | 2,200 | $558K |
| VANECK ETF TRUST | call | New | 1,400 | $537K |
| J P MORGAN EXCHANGE TRADED F | call | Sold out | 9,200 | $535Kbefore exit |
| ALPHABET INC | put | Sold out | 1,500 | $470Kbefore exit |
| BOEING CO | call | Sold out | 2,000 | $434Kbefore exit |
| VANECK ETF TRUST | put | Sold out | 1,100 | $396Kbefore exit |
| ORACLE CORP | call | New | 2,500 | $368K |
| STATE STR SPDR S&P 500 ETF T | call | Reduce -86.7% | 400 | $260K |
| ISHARES TR | put | Sold out | 1,000 | $246Kbefore exit |
| BOEING CO | put | Sold out | 1,000 | $217Kbefore exit |
| TAIWAN SEMICONDUCTOR MANUFAC | put | Sold out | 700 | $213Kbefore exit |
| LAUDER ESTEE COS INC | call | Sold out | 2,000 | $209Kbefore 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 | 69 | $308.1M | YPF, GGAL, BBAR, PAM, KWEB |
| Q1 2026 | 66 | $258.5M | YPF, PAM, BBAR, GGAL, KWEB |
| Q4 2025 | 54 | $251.0M | YPF, GGAL, PAM, KWEB, FXI |
| Q3 2025 | 50 | $166.1M | YPF, PAM, GGAL, KWEB, BBAR |
| Q2 2025 | 51 | $176.7M | YPF, GGAL, KWEB, QQQ, BBAR |
| Q1 2025 | 65 | $149.9M | YPF, GGAL, KWEB, BBAR, BMA |
| Q4 2024 | 57 | $243.8M | YPF, GGAL, BBAR, BMA, KWEB |
| Q3 2024 | 57 | $179.8M | YPF, GGAL, BMA, BBAR, QQQ |
| Q2 2024 | 52 | $159.6M | YPF, GGAL, BMA, BBAR, AAPL |