Point Nemo Capital, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 7, 2026), Point Nemo Capital, LLC reported 178 stock positions worth $197.4 million. Its top holding was iShares Convertible Bond ETF (ICVT) at 4.0% of the portfolio, followed by iShares MSCI South Korea ETF (EWY, 3.3%) and Vaneck Rar Earth ND STG-Usdi (REMX, 3.2%). Compared with Q1 2026, it opened 120 new positions, sold out of 22, added to 35 and reduced 23. The biggest buy was a new position in iShares Convertible Bond ETF (ICVT) and the biggest sale an exit from Vanguard Short-Term Tips (VTIP).
- Most Recent 13F
- Q2 2026
- Location
- DRIPPING SPRINGS, TX
- CIK
- 0001988307
- Portfolio Value
- $197.4M (Q2 2026)
- SEC Filing
- 0001988307-26-000005 ↗ filed Aug 7, 2026
Holdings Value
Holdings 178 stocks · $197.4M
| ICVT iShares Convertible Bond ETF | 3.95% | 64,066 | $7.8M | New |
| EWY iShares MSCI South Korea ETF | 3.35% | 32,698 | $6.6M | Reduce -11.2% |
| REMX Vaneck Rar Earth ND STG-Usdi | 3.15% | 70,249 | $6.2M | New |
| VTSAX VNGD Mrngst TS MK Idx FD-Adm filed as VANGUARD TOTAL STOCK MKT IDX ADM | 3.02% | 33,051 | $6.0M | New |
| EWT iShares MSCI Taiwan ETF | 2.85% | 51,709 | $5.6M | New |
| OILK Pros K-1 Free CR Oil ETF-Usd | 2.79% | 115,976 | $5.5M | New |
| ICLN iShares Global Clean Energy | 2.67% | 257,156 | $5.3M | Reduce -22.6% |
| PDBC Invesco Optimum Yield Divers | 2.66% | 330,133 | $5.2M | New |
| MLPA Global X MLP ETF | 2.65% | 98,478 | $5.2M | Add +41.1% |
| XLK SS Technology Select Sector | 2.53% | 26,177 | $5.0M | New |
| XLE SS Energy Select Sector | 2.43% | 90,131 | $4.8M | New |
| REM iShares Mortgage Real Estate | 2.05% | 183,205 | $4.0M | New |
| VTI VG Morningstar TS MKT ETF-US | 1.89% | 10,062 | $3.7M | Add +943.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.84% | 39,618 | $3.6M | New |
| SPCK Spac & New Issue ETF filed as COLLABORATIVE INVESTMNT SER | 1.82% | 21,054 | $3.6M | New |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 1.57% | 1,556 | $3.1M | Add +5.8% |
| CRDO Credo Technology Group Holdi | 1.51% | 10,980 | $3.0M | Add +0.2% |
| MU Micron Technology Inc. | 1.45% | 2,486 | $2.9M | Reduce -19.4% |
| FIX Comfort Systems USA Inc. | 1.36% | 1,356 | $2.7M | Reduce -32.2% |
| XME SS SPDR S&P Metals Mining | 1.34% | 24,779 | $2.6M | New |
| TSM Taiwan Semiconductor-SP ADR | 1.27% | 5,241 | $2.5M | Add +7.0% |
| NVDA Nvidia Corp. | 1.02% | 10,065 | $2.0M | Add +5.1% |
| AU Anglogold Ashanti PLC | 1.01% | 24,590 | $2.0M | Add +15.8% |
| ITRN Ituran Location and Control | 0.98% | 31,853 | $1.9M | Add +7.8% |
| SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI | 0.98% | 333,298 | $1.9M | Add +7.9% |
| DVA Davita Inc. | 0.97% | 8,593 | $1.9M | Add +7.6% |
| GFI Gold Fields Ltd.-Spons ADR | 0.96% | 56,222 | $1.9M | Add +9.1% |
| EPOL iShares MSCI Poland ETF | 0.93% | 47,474 | $1.8M | New |
| PLGO Pelagos Insurance Capital LT | 0.88% | 71,277 | $1.7M | Add +11.0% |
| VLY Valley National Bancorp | 0.84% | 113,151 | $1.7M | Add +4.2% |
| HMY Harmony Gold MNG-Spon ADR | 0.83% | 108,292 | $1.6M | Add +15.3% |
| CPA Copa Holdings SA Class A | 0.82% | 10,415 | $1.6M | Add +8.5% |
| NTB Bank of N.T. Butterfield&son | 0.81% | 26,908 | $1.6M | Add +2.8% |
| LAUR Laureate Education Inc. | 0.81% | 43,920 | $1.6M | Add +4.0% |
| BLX Bladex Inc. | 0.81% | 25,949 | $1.6M | New |
| SGHC Super Group SGHC Ltd. | 0.79% | 115,014 | $1.6M | Reduce -0.3% |
| HG Hamilton Insurance Grou Class B | 0.77% | 44,666 | $1.5M | New |
| CFG Citizens Financial Group | 0.77% | 21,565 | $1.5M | New |
| INCY Incyte Corp. | 0.76% | 13,296 | $1.5M | Add +8.1% |
| BBVA Banco Bilbao Vizcaya-SP ADR | 0.76% | 59,883 | $1.5M | Add +3.7% |
| FULT Fulton Financial Corp. | 0.75% | 61,561 | $1.5M | New |
| PGNY Progyny Inc. | 0.75% | 51,103 | $1.5M | New |
| MCY Mercury General Corp. | 0.74% | 13,783 | $1.5M | New |
| PAC Grupo Aeroportuario Pac-ADR | 0.74% | 5,777 | $1.5M | New |
| RHP Ryman Hospitality Properties | 0.73% | 11,285 | $1.5M | New |
| FMX Fomento Economico Mex-SP ADR | 0.73% | 11,298 | $1.4M | Add +3.3% |
| FBP First Bancorp Puerto Rico | 0.73% | 55,307 | $1.4M | New |
| TNL Travel + Leisure Co. | 0.71% | 18,413 | $1.4M | Add +3.5% |
| OPRA Opera Ltd.-ADR | 0.70% | 70,093 | $1.4M | Add +9.0% |
| CNK Cinemark Holdings Inc. | 0.70% | 43,783 | $1.4M | New |
| ADAM Adamas Trust Inc. | 0.69% | 144,933 | $1.4M | New |
| EXPE Expedia Group Inc. | 0.69% | 5,296 | $1.4M | Add +6.9% |
| VLO Valero Energy Corp. | 0.68% | 5,134 | $1.3M | New |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.67% | 34,831 | $1.3M | New |
| ZTO Zto Express Cayman Inc.-ADR | 0.67% | 59,169 | $1.3M | New |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.67% | 12,408 | $1.3M | New |
| FRO Frontline PLC | 0.66% | 37,460 | $1.3M | New |
| STRA Strategic Education Inc. | 0.66% | 16,980 | $1.3M | New |
| CIB Grupo Cibest SA-ADR | 0.65% | 16,225 | $1.3M | Reduce -9.5% |
| MPC Marathon Petroleum Corp. | 0.65% | 5,007 | $1.3M | New |
| PBR Petroleo Brasileiro-Spon ADR | 0.64% | 78,021 | $1.3M | Add +7.6% |
| APA Apa Corp. | 0.64% | 38,642 | $1.3M | Add +8.4% |
| TKC Turkcell Iletisim Hizmet-ADR | 0.63% | 211,406 | $1.2M | Add +7.8% |
| REPX Riley Exploration Permian Inc. | 0.63% | 37,478 | $1.2M | Add +10.8% |
| IVZ Invesco Ltd. | 0.63% | 46,786 | $1.2M | New |
| HTHT H World Group Ltd.-ADR | 0.62% | 29,524 | $1.2M | New |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.62% | 14,167 | $1.2M | New |
| AAPL Apple Inc. | 0.61% | 4,167 | $1.2M | Add +220.8% |
| BMA Banco Macro SA-ADR | 0.60% | 12,761 | $1.2M | Reduce -8.3% |
| SBLK Star Bulk Carriers Corp. | 0.60% | 47,112 | $1.2M | New |
| SHIP Seanergy Maritime Holdings | 0.59% | 86,535 | $1.2M | New |
| DLO Dlocal Ltd. | 0.59% | 89,135 | $1.2M | Reduce -7.1% |
| NEM Newmont Corp. | 0.58% | 12,335 | $1.2M | New |
| CVE Cenovus Energy Inc. | 0.58% | 46,237 | $1.1M | New |
| OMC Omnicom Group | 0.58% | 15,602 | $1.1M | Add +10.9% |
| CHRD Chord Energy Corp. | 0.56% | 9,719 | $1.1M | New |
| XP XP Inc. Class A | 0.56% | 67,788 | $1.1M | Add +11.1% |
| SU Suncor Energy Inc. | 0.55% | 20,289 | $1.1M | New |
| EQT Eqt Corp. | 0.53% | 19,617 | $1.0M | Add +3.2% |
| EXEL Exelixis Inc. | 0.52% | 18,795 | $1.0M | Add +2.7% |
| EWZ iShares MSCI Brazil ETF | 0.50% | 28,863 | $996K | Reduce -28.5% |
| INTU Intuit Inc. | 0.49% | 3,732 | $974K | New |
| IBB iShares Biotechnology ETF | 0.49% | 5,097 | $969K | New |
| VIV Telefonica Brasil-ADR | 0.48% | 72,417 | $953K | Reduce -4.2% |
| VNM Vaneck Vietnam ETF | 0.48% | 51,093 | $944K | New |
| GDX Vaneck Gold Miners ETF | 0.47% | 12,344 | $931K | Reduce -82.8% |
| DIV Global X Superdividend Use | 0.46% | 47,968 | $914K | New |
| GREK Global X MSCI Greece ETF | 0.46% | 12,103 | $914K | Reduce -79.3% |
| BNDX Vanguard Total Intl Bond ETF | 0.44% | 17,792 | $862K | Reduce -71.1% |
| HYEM Vaneck Emrg MKTS Hi YLD | 0.44% | 42,736 | $859K | New |
| BKLN Invesco Senior Loan ETF | 0.44% | 42,168 | $859K | New |
| ATAT Atour Lifestyle Holdings-ADR | 0.43% | 26,863 | $854K | Add +11.7% |
| ECH iShares MSCI Chile ETF | 0.43% | 21,463 | $852K | New |
| PEGA Pegasystems Inc. | 0.41% | 27,104 | $812K | Add +1.9% |
| SNAXX Schwa Prime Adv Money FD-Ult filed as SCHWAB PRIME ADVANTAGE MONEY ULTRA | 0.41% | 800,804 | $801K | New |
| GNR State Street SPDR S&P Global | 0.40% | 11,739 | $790K | New |
| TSLA Tesla Inc. | 0.28% | 1,297 | $546K | New |
| GLW Corning Inc. | 0.22% | 1,738 | $444K | New |
| SWVXX Schwa Prime Adv Money FD-Inv filed as SCHWAB PRIME ADVANTAGE MONEY INVESTOR | 0.21% | 410,313 | $410K | New |
| NICHX Variant Altern Inc.-Inst | 0.18% | 13,490 | $348K | New |
Other holdings (7): bonds, preferreds, convertibles and warrants · $65K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| US TREASUR NT 4.25 PCT 01/30UST NOTE DUE 01/31/30 | US Treasury Bills · principal | 10,000 | $10K | New |
| US TREASURY N/B (T 2.25 08/15/27) | TREASURY BONDS · principal | 10,000 | $10K | New |
| US TREASURY N/B (T 4.125 07/31/28) | TREASURY · principal | 9,000 | $9K | New |
| US TREASURY N/B (T 4 02/29/28) | TREASURY · principal | 9,000 | $9K | New |
| US TREASURY N/B (T 1.5 08/15/26) | NOT · principal | 9,000 | $9K | New |
| US TREASURY N/B (T 4 01/31/29) | US Treasury Bills · principal | 9,000 | $9K | New |
| US TREASURY N/B (T 2.25 02/15/27) | US Treasury Bills · principal | 9,000 | $9K | New |
Lines left out (3) · $78 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| EMR Emerson Electric Co. | COM | 0 | $68 |
| LMT Lockheed Martin Corp. | COM | 0 | $7 |
| HBAN Huntington Bancshares Inc. | COM | 0 | $3 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $197.4M.
Portfolio Sells Q1 2026 → Q2 2026
| VTIP Vanguard Short-Term Tips | Sold out | 0.00% | −4.87 |
| EWW iShares MSCI Mexico ETF | Sold out | 0.00% | −4.80 |
| EMLC Vaneck JPM Em Local Curr BND | Sold out | 0.00% | −4.54 |
| GLD SPDR Gold Shares | Reduce -99.0% | 0.03% | −4.45 |
| GDX Vaneck Gold Miners ETF | Reduce -82.8% | 0.47% | −3.87 |
| BWX SS SPDR BB Intl Treasury BD | Sold out | 0.00% | −3.81 |
| XAR SS SPDR S&P Aerospace Def | Reduce -99.6% | 0.01% | −3.45 |
| GREK Global X MSCI Greece ETF | Reduce -79.3% | 0.46% | −2.00 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -71.1% | 0.44% | −1.52 |
| ICLN iShares Global Clean Energy | Reduce -22.6% | 2.67% | −1.33 |
| SLV iShares Silver Trust | Sold out | 0.00% | −1.33 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −1.10 |
| AMX America Movil Sab DE CV | Reduce -91.3% | 0.07% | −0.98 |
| GSL Global Ship Lease Inc. Class A | Reduce -98.8% | 0.01% | −0.98 |
| PAX Patria Investments Ltd. Class A | Reduce -99.8% | 0.00% | −0.88 |
| FTI Technipfmc PLC | Sold out | 0.00% | −0.87 |
| PSX Phillips 66 | Sold out | 0.00% | −0.86 |
| NE Noble Corp. PLC | Sold out | 0.00% | −0.86 |
| PAGS Pagseguro Digital Ltd. Class A | Sold out | 0.00% | −0.82 |
| ITUB Itau Unibanco H-Spon PRF ADR | Sold out | 0.00% | −0.81 |
| LTM Latam Airlines Group SA-ADR | Reduce -91.2% | 0.07% | −0.80 |
| SKM SK Telecom Co. Ltd.-Spon ADR | Sold out | 0.00% | −0.79 |
| NWG Natwest Group PLC -Spon ADR | Reduce -99.8% | 0.00% | −0.77 |
| JXN Jackson Financial Inc. Class A | Sold out | 0.00% | −0.76 |
| DX Dynex Capital Inc. | Sold out | 0.00% | −0.76 |
| CGAU Centerra Gold Inc. | Sold out | 0.00% | −0.76 |
| VTRS Viatris Inc. | Sold out | 0.00% | −0.76 |
| CAH Cardinal Health Inc. | Sold out | 0.00% | −0.75 |
| HLNE Hamilton Lane Inc. Class A | Sold out | 0.00% | −0.75 |
| AM Antero Midstream Corp. | Sold out | 0.00% | −0.72 |
| KEP Korea Elec Power Corp.-SP ADR | Sold out | 0.00% | −0.72 |
| CALM Cal-Maine Foods Inc. | Reduce -99.7% | 0.00% | −0.61 |
| NXST Nexstar Media Group Inc. | Reduce -99.9% | 0.00% | −0.59 |
| EG Everest Group Ltd. | Sold out | 0.00% | −0.59 |
| EWZ iShares MSCI Brazil ETF | Reduce -28.5% | 0.50% | −0.52 |
| FIX Comfort Systems USA Inc. | Reduce -32.2% | 1.36% | −0.46 |
| VIV Telefonica Brasil-ADR | Reduce -4.2% | 0.48% | −0.31 |
| FINV Finvolution Group-ADR | Reduce -100.0% | 0.00% | −0.29 |
| DLO Dlocal Ltd. | Reduce -7.1% | 0.59% | −0.23 |
| CIB Grupo Cibest SA-ADR | Reduce -9.5% | 0.65% | −0.21 |
| XMMO Invesco S&P Midcap Momentum | Sold out | 0.00% | −0.15 |
| BMA Banco Macro SA-ADR | Reduce -8.3% | 0.60% | −0.11 |
| SGHC Super Group SGHC Ltd. | Reduce -0.3% | 0.79% | −0.03 |
| EWY iShares MSCI South Korea ETF | Reduce -11.2% | 3.35% | +0.36 |
| MU Micron Technology Inc. | Reduce -19.4% | 1.45% | +0.77 |
Portfolio Buys Q1 2026 → Q2 2026
| ICVT iShares Convertible Bond ETF | New | 3.95% | +3.95 |
| REMX Vaneck Rar Earth ND STG-Usdi | New | 3.15% | +3.15 |
| VTSAX VNGD Mrngst TS MK Idx FD-Adm | New | 3.02% | +3.02 |
| EWT iShares MSCI Taiwan ETF | New | 2.85% | +2.85 |
| OILK Pros K-1 Free CR Oil ETF-Usd | New | 2.79% | +2.79 |
| PDBC Invesco Optimum Yield Divers | New | 2.66% | +2.66 |
| XLK SS Technology Select Sector | New | 2.53% | +2.53 |
| XLE SS Energy Select Sector | New | 2.43% | +2.43 |
| REM iShares Mortgage Real Estate | New | 2.05% | +2.05 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 1.84% | +1.84 |
| SPCK Spac & New Issue ETF | New | 1.82% | +1.82 |
| VTI VG Morningstar TS MKT ETF-US | Add +943.8% | 1.89% | +1.68 |
| XME SS SPDR S&P Metals Mining | New | 1.34% | +1.34 |
| EPOL iShares MSCI Poland ETF | New | 0.93% | +0.93 |
| CRDO Credo Technology Group Holdi | Add +0.2% | 1.51% | +0.84 |
| BLX Bladex Inc. | New | 0.81% | +0.81 |
| HG Hamilton Insurance Grou Class B | New | 0.77% | +0.77 |
| CFG Citizens Financial Group | New | 0.77% | +0.77 |
| FULT Fulton Financial Corp. | New | 0.75% | +0.75 |
| PGNY Progyny Inc. | New | 0.75% | +0.75 |
| MCY Mercury General Corp. | New | 0.74% | +0.74 |
| PAC Grupo Aeroportuario Pac-ADR | New | 0.74% | +0.74 |
| RHP Ryman Hospitality Properties | New | 0.73% | +0.73 |
| FBP First Bancorp Puerto Rico | New | 0.73% | +0.73 |
| CNK Cinemark Holdings Inc. | New | 0.70% | +0.70 |
| ADAM Adamas Trust Inc. | New | 0.69% | +0.69 |
| VLO Valero Energy Corp. | New | 0.68% | +0.68 |
| HRB H&R Block Inc. | New | 0.67% | +0.67 |
| ZTO Zto Express Cayman Inc.-ADR | New | 0.67% | +0.67 |
| KOF Coca-Cola Femsa Sab-SP ADR | New | 0.67% | +0.67 |
| FRO Frontline PLC | New | 0.66% | +0.66 |
| STRA Strategic Education Inc. | New | 0.66% | +0.66 |
| MPC Marathon Petroleum Corp. | New | 0.65% | +0.65 |
| IVZ Invesco Ltd. | New | 0.63% | +0.63 |
| HTHT H World Group Ltd.-ADR | New | 0.62% | +0.62 |
| KSPI JSC Kaspi.kz ADR | New | 0.62% | +0.62 |
| SBLK Star Bulk Carriers Corp. | New | 0.60% | +0.60 |
| SHIP Seanergy Maritime Holdings | New | 0.59% | +0.59 |
| NEM Newmont Corp. | New | 0.58% | +0.58 |
| CVE Cenovus Energy Inc. | New | 0.58% | +0.58 |
| CHRD Chord Energy Corp. | New | 0.56% | +0.56 |
| SU Suncor Energy Inc. | New | 0.55% | +0.55 |
| INTU Intuit Inc. | New | 0.49% | +0.49 |
| IBB iShares Biotechnology ETF | New | 0.49% | +0.49 |
| VNM Vaneck Vietnam ETF | New | 0.48% | +0.48 |
| DIV Global X Superdividend Use | New | 0.46% | +0.46 |
| HYEM Vaneck Emrg MKTS Hi YLD | New | 0.44% | +0.44 |
| BKLN Invesco Senior Loan ETF | New | 0.44% | +0.44 |
| ECH iShares MSCI Chile ETF | New | 0.43% | +0.43 |
| SNAXX Schwa Prime Adv Money FD-Ult | New | 0.41% | +0.41 |
Notes & Other Activity Q1 2026 → Q2 2026
| US TREASUR NT 4.25 PCT 01/30UST NOTE DUE 01/31/30 | US Treasury Bills · principal | New | 10,000 | $10K |
| US TREASURY N/B (T 2.25 08/15/27) | TREASURY BONDS · principal | New | 10,000 | $10K |
| US TREASURY N/B (T 4.125 07/31/28) | TREASURY · principal | New | 9,000 | $9K |
| US TREASURY N/B (T 4 02/29/28) | TREASURY · principal | New | 9,000 | $9K |
| US TREASURY N/B (T 1.5 08/15/26) | NOT · principal | New | 9,000 | $9K |
| US TREASURY N/B (T 4 01/31/29) | US Treasury Bills · principal | New | 9,000 | $9K |
| US TREASURY N/B (T 2.25 02/15/27) | US Treasury Bills · principal | New | 9,000 | $9K |
| EMR Emerson Electric Co. | COM | New | 0 | $68 |
| LMT Lockheed Martin Corp. | COM | New | 0 | $7 |
| HBAN Huntington Bancshares Inc. | COM | New | 0 | $3 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.