Seldon Capital LP

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Seldon Capital LP reported 65 stock positions worth $272.0 million. Its top holding was Bentley Systems Class B (BSY) at 10.2% of the portfolio, followed by Celestica (CLS, 7.3%) and Talen Energy (TLN, 6.5%). Compared with Q4 2025, it opened 6 new positions, sold out of 6, added to 5 and reduced 13. The biggest buy was a new position in Bentley Systems Class B (BSY) and the biggest sale Vanguard Tot World STK ETF (VT, shares −65%).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0001867731
Portfolio Value
$272.0M (Q1 2026)
SEC Filing
0002073679-26-000058 ↗ filed May 15, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $165.1M Q1 2024 Q2 2024: $178.9M Q2 2024 Q3 2024: $177.3M Q3 2024 Q4 2024: $244.3M Q4 2024 Q1 2025: $158.9M Q1 2025 Q2 2025: $230.2M Q2 2025 Q3 2025: $284.5M Q3 2025 Q4 2025: $288.8M Q4 2025 Q1 2026: $272.0M $272.0M Q1 2026 Q2 2026: $319.6M Q2 2026

Holdings 65 stocks · $272.0M
BSY Bentley Systems Inc. Class B 10.24% 793,374 $27.9M New
CLS Celestica Inc. 7.33% 70,785 $19.9M Reduce -24.4%
TLN Talen Energy Corp. 6.55% 55,800 $17.8M Reduce -21.3%
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 5.65% 189,808 $15.4M Reduce -14.0%
VTI VG Morningstar TS MKT ETF-US 5.17% 43,798 $14.1M No change
LAR Lithium Argentina AG 4.57% 1,858,689 $12.4M Reduce -13.5%
EQT Eqt Corp. 4.13% 176,549 $11.2M Add +44.5%
VDC Vanguard Consumer Staple ETF 3.93% 47,593 $10.7M No change
VT Vanguard Tot World STK ETF 3.84% 75,547 $10.4M Reduce -64.5%
INTC Intel Corp. 3.67% 226,071 $10.0M No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 3.56% 674,553 $9.7M Add +1.2%
VEA Vanguard Ftse Developed ETF 3.51% 149,017 $9.5M No change
TER Teradyne Inc. 2.98% 27,300 $8.1M Reduce -26.9%
SFD Smithfield Foods Inc. 2.83% 274,837 $7.7M Add +144.9%
HUYA Huya Inc.-ADR 2.76% 2,277,112 $7.5M New
AAPL Apple Inc. 2.17% 23,268 $5.9M No change
PAM Pampa Energia SA-Spon ADR 2.10% 64,457 $5.7M Reduce -54.7%
IEFA iShares Core MSCI Eafe ETF 2.08% 62,425 $5.7M No change
CF CF Industries Holdings Inc. 1.99% 41,667 $5.4M New
PDD PDD Holdings Inc. 1.90% 50,559 $5.2M Add +4.8%
VRT Vertiv Holdings Co. Class A 1.78% 19,332 $4.8M Add +6.6%
FSLY Fastly Inc. Class A 1.62% 151,265 $4.4M New
ECH iShares MSCI Chile ETF 1.61% 110,121 $4.4M Reduce -67.4%
NVDA Nvidia Corp. 1.14% 17,840 $3.1M No change
GBTC Grayscale Bitcoin Trust ETF 1.09% 56,100 $3.0M Reduce -12.6%
FCNCA First Citizens Bcshs Class A 0.99% 1,434 $2.7M Reduce -46.9%
EFV iShares MSCI Eafe Value ETF 0.85% 31,000 $2.3M No change
LXU LSB Industries Inc. 0.84% 153,318 $2.3M New
GOOGL Alphabet Inc. Class A 0.82% 7,720 $2.2M No change
MSFT Microsoft Corp. 0.70% 5,126 $1.9M No change
IEMG iShares Core MSCI Emerging 0.67% 26,019 $1.8M No change
BND Vanguard Total Bond Market 0.58% 21,582 $1.6M No change
VWO Vanguard Ftse Emerging Marke 0.54% 27,148 $1.5M No change
ASHR Xtrackers Harvest Csi 300 CH 0.53% 44,106 $1.4M No change
TSM Taiwan Semiconductor-SP ADR 0.47% 3,823 $1.3M No change
AMZN Amazon.com Inc. 0.41% 5,320 $1.1M No change
U Unity Software Inc. 0.40% 48,976 $1.1M Reduce -39.3%
TIP iShares Tips Bond ETF 0.35% 8,515 $940K No change
AVDV Avantis Intl S/C Value ETF 0.29% 8,000 $799K No change
META Meta Platforms Inc. Class A 0.29% 1,382 $791K No change
AVGO Broadcom Inc. 0.22% 1,920 $594K No change
V Visa Inc. Class A 0.17% 1,496 $452K No change
IGM iShares Expanded Tech Sector 0.17% 3,786 $449K No change
JNJ Johnson & Johnson 0.15% 1,713 $419K No change
ITOT iShares Core S&P Total U.S. 0.15% 2,876 $410K No change
BTC Grayscale Bitcoin Mini ETF 0.15% 13,221 $396K No change
AU Anglogold Ashanti PLC 0.14% 3,993 $389K No change
AMAT Applied Materials Inc. 0.14% 1,125 $385K No change
CWB SS SPDR BB Conv Sec ETF 0.14% 4,068 $372K No change
LLY Eli Lilly & Co. 0.14% 404 $372K No change
VSXY Victoria's Secret & Co. 0.13% 7,510 $348K Reduce -95.2%
WMT Walmart Inc. 0.13% 2,754 $342K No change
APH Amphenol Corp. Class A 0.12% 2,668 $337K No change
ORCL Oracle Corp. 0.12% 2,265 $333K No change
LRCX Lam Research Corp. 0.12% 1,540 $329K No change
FLDR Fidelity Low Durat Fact ETF 0.12% 6,552 $328K No change
HD Home Depot Inc. 0.10% 825 $271K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.10% 5,502 $268K No change
GOVT iShares US Treasury Bond ETF 0.10% 11,600 $266K No change
PG The Procter & Gamble Co. 0.10% 1,828 $264K No change
COST Costco Wholesale Corp. 0.09% 238 $237K No change
MA Mastercard Inc. Class A 0.08% 454 $227K No change
MRK Merck & Co. Inc. 0.08% 1,873 $225K New
ISRG Intuitive Surgical Inc. 0.08% 462 $213K No change
MUFG Mitsubishi Ufj Finl-Spon ADR 0.07% 11,273 $191K Reduce -95.2%

Portfolio Sells Q4 2025 → Q1 2026
VT Vanguard Tot World STK ETF Reduce -64.5% 3.84% −6.57
ECH iShares MSCI Chile ETF Reduce -67.4% 1.61% −3.12
VSXY Victoria's Secret & Co. Reduce -95.2% 0.13% −2.80
TLN Talen Energy Corp. Reduce -21.3% 6.55% −2.65
PAM Pampa Energia SA-Spon ADR Reduce -54.7% 2.10% −2.26
CLS Celestica Inc. Reduce -24.4% 7.33% −2.25
RDDT Reddit Inc. Class A Sold out 0.00% −1.42
MUFG Mitsubishi Ufj Finl-Spon ADR Reduce -95.2% 0.07% −1.22
FCNCA First Citizens Bcshs Class A Reduce -46.9% 0.99% −1.01
U Unity Software Inc. Reduce -39.3% 0.40% −0.84
GBTC Grayscale Bitcoin Trust ETF Reduce -12.6% 1.09% −0.43
ACMR Acm Research Inc. Class A Sold out 0.00% −0.14
INTU Intuit Inc. Sold out 0.00% −0.09
BSAC Banco Santander-Chile-ADR Sold out 0.00% −0.09
UNH Unitedhealth Group Inc. Sold out 0.00% −0.08
CRH CRH PLC Sold out 0.00% −0.08
SQM Quimica Y Minera Chil-SP ADR Reduce -14.0% 5.65% +0.39
LAR Lithium Argentina AG Reduce -13.5% 4.57% +0.41
TER Teradyne Inc. Reduce -26.9% 2.98% +0.47

Portfolio Buys Q4 2025 → Q1 2026
BSY Bentley Systems Inc. Class B New 10.24% +10.24
HUYA Huya Inc.-ADR New 2.76% +2.76
CF CF Industries Holdings Inc. New 1.99% +1.99
SFD Smithfield Foods Inc. Add +144.9% 2.83% +1.96
EQT Eqt Corp. Add +44.5% 4.13% +1.86
FSLY Fastly Inc. Class A New 1.62% +1.62
LXU LSB Industries Inc. New 0.84% +0.84
VRT Vertiv Holdings Co. Class A Add +6.6% 1.78% +0.76
MRK Merck & Co. Inc. New 0.08% +0.08
PDD PDD Holdings Inc. Add +4.8% 1.90% +0.01
NU Nu Holdings Ltd./Cayman Isl-A Add +1.2% 3.56% −0.30

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 74$319.6MINTC, CLS, TLN, VRSN, VTI
Q1 2026 65$272.0MBSY, CLS, TLN, SQM, VTI
Q4 2025 65$288.8MVT, CLS, TLN, SQM, VTI
Q3 2025 70$284.5MTLN, VT, CLS, VTI, ECH
Q2 2025 67$230.2MVT, TLN, CLS, VTI, NU
Q1 2025 58$158.9MCLS, TLN, VTI, VDC, VT
Q4 2024 67$244.3MRDDT, CLS, TLN, VTI, VRT
Q3 2024 65$177.3MRDDT, VTI, TLN, CLS, VDC
Q2 2024 60$178.9MRDDT, VRT, VTI, CLS, EDU
Q1 2024 58$165.1MVRT, RDDT, VTI, EDU, CLS