Troluce Capital Advisors LLC In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Troluce Capital Advisors LLC reported 15 stock positions worth $104.5 million . Its top holding was Western Digital (WDC) at 27.5% of the portfolio, followed by Amcor (AMCR, 19.5% ) and Flutter Entertainment PLC-Di (FLUT, 16.9% ). Compared with Q4 2024, it opened 9 new positions, sold out of 9, added to 4 and reduced 1. The biggest buy was Western Digital (WDC, shares +1209% ) and the biggest sale an exit from Endeavor Group Hold Class A (EDR).
Location DORADO, PR
CIK 0001910321
Portfolio Value $104.5M (Q1 2025) Holdings 15 stocks · $104.5M 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 2024 WDC Western Digital Corp. 711,750 $28.8M Add +1208.8% AMCR Amcor PLC 2,098,820 $20.4M Add +214.4% FLUT Flutter Entertainment PLC-Di 79,532 $17.6M Add +512.2% CORZ Core Scientific Inc. 1,775,000 $12.9M New ROIV Roivant Sciences Ltd. 712,254 $7.2M New NN Nextnav Inc. 421,721 $5.1M New PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) 4,835,000 $4.0M New BATRK Atlanta Braves Holdings in-C 58,240 $2.3M Reduce -79.3% SWTX Springworks Therapeutics Inc. 41,918 $1.8M New GHRS GH Research PLC 155,597 $1.7M New JANX Janux Therapeutics Inc. 32,297 $872K No change X United States Steel Corp. 16,761 $708K New UNF Unifirst Corp. 3,048 $530K New SAIL Sailpoint Inc. 25,144 $471K New TCRX Tscan Therapeutics Inc. 83,758 $116K Add +58.3%
Options reported separately and not counted above: GOOGL calls ($40.4M), XLF puts ($31.3M), TKO calls ($30.6M), FTAI AVIATION LTD calls ($27.9M), DE puts ($23.6M), META calls ($19.3M), AMZN calls ($11.1M), FLUT calls ($11.1M), EIX calls ($10.0M), GEV calls ($9.0M), CORZ calls ($7.6M), NBIS calls ($3.5M), and 3 more.
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.4M (not counted above) Security Class Shares / Principal Value Change RGTIW Rigetti Computing -CW27 *W EXP 03/02/202 522,200 $1.4M New
Total filed on the 13F, all lines: $106.0M.
Portfolio Sells Q4 2024 → Q1 2025 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 2024 % Of Portfolio Change To Portfolio ▲ EDR Endeavor Group Hold Class A Sold out 0.00% −94.31 AIG American International Group Sold out 0.00% −0.88 SGRY Surgery Partners Inc. Sold out 0.00% −0.87 LGF.B Lions Gate Entertainment-B Sold out 0.00% −0.46 SNPS Synopsys Inc. Sold out 0.00% −0.35 SW Smurfit Westrock PLC Sold out 0.00% −0.23 AJG Arthur J Gallagher & Co. Sold out 0.00% −0.18 CSTM Constellium SE Sold out 0.00% −0.13 ESTC Elastic NV Sold out 0.00% −0.01 BATRK Atlanta Braves Holdings in-C Reduce -79.3% 2.23% +1.15
Portfolio Buys Q4 2024 → Q1 2025 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 2024 % Of Portfolio Change To Portfolio ▼ WDC Western Digital Corp. Add +1208.8% 27.53% +27.20 AMCR Amcor PLC Add +214.4% 19.47% +18.84 FLUT Flutter Entertainment PLC-Di Add +512.2% 16.86% +16.52 CORZ Core Scientific Inc. New 12.29% +12.29 ROIV Roivant Sciences Ltd. New 6.87% +6.87 NN Nextnav Inc. New 4.91% +4.91 PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) New 3.84% +3.84 SWTX Springworks Therapeutics Inc. New 1.77% +1.77 GHRS GH Research PLC New 1.64% +1.64 X United States Steel Corp. New 0.68% +0.68 UNF Unifirst Corp. New 0.51% +0.51 SAIL Sailpoint Inc. New 0.45% +0.45 TCRX Tscan Therapeutics Inc. Add +58.3% 0.11% +0.09
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ TKO Tko Group Holdings Inc. put Sold out 5,903,300 $838.9Mbefore exit EDR Endeavor Group Hold Class A put Sold out 26,141,200 $818.0Mbefore exit GOOGL Alphabet Inc. Class A call New 258,700 $40.4M VST Vistra Corp. put Sold out 250,000 $34.5Mbefore exit XLF SS Financial Select Sector put New 628,500 $31.3M TKO Tko Group Holdings Inc. call Reduce -64.3% 200,000 $30.6M FTAI AVIATION LTD call New 251,200 $27.9M DE Deere & Co. put New 50,300 $23.6M ET Energy Transfer LP put Sold out 1,000,000 $19.6Mbefore exit META Meta Platforms Inc. Class A call New 33,500 $19.3M WDC Western Digital Corp. call Sold out 193,900 $11.6Mbefore exit AMZN Amazon.com Inc. call New 58,600 $11.1M FLUT Flutter Entertainment PLC-Di call New 50,000 $11.1M EIX Edison International call New 172,300 $10.0M SIRI Sirius XM Holdings Inc. call Sold out 434,900 $9.9Mbefore exit GEV GE Vernova Inc. call New 29,400 $9.0M PKG Packaging Corp. of America put Sold out 39,000 $8.8Mbefore exit X United States Steel Corp. call Sold out 250,500 $8.5Mbefore exit EDR Endeavor Group Hold Class A call Sold out 261,300 $8.2Mbefore exit CORZ Core Scientific Inc. call New 1,047,700 $7.6M LKQ LKQ Corp. call Sold out 200,000 $7.3Mbefore exit VKTX Viking Therapeutics Inc. call Sold out 172,300 $6.9Mbefore exit BMRN Biomarin Pharmaceutical Inc. call Sold out 100,000 $6.6Mbefore exit LW Lamb Weston Holdings Inc. call Sold out 86,200 $5.8Mbefore exit NBIS Nebius Group NV call Add +94.4% 167,600 $3.5M SNAP Snap Inc. Class A put Sold out 307,500 $3.3Mbefore exit BHF Brighthouse Financial Inc. call New 43,100 $2.2M CLW Clearwater Paper Corp. call Sold out 61,300 $1.8Mbefore exit PCT Purecycle Technologies Inc. put New 200,000 $1.4M JNPR Juniper Networks Inc. call Sold out 36,500 $1.4Mbefore exit PYCR Paycor HCM Inc. call New 41,600 $934K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025 Security Class Change vs Q4 2024 Shares / Principal Value ▼ RGTIW Rigetti Computing -CW27 *W EXP 03/02/202 New 522,200 $1.4M HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 Sold out 420,000 $903Kbefore 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 12 $267.0M AMTM, ECHO, MLYS, MIR, AEIS Q1 2026 44 $923.4M BATRK, ECHO, COF, FWONK, LYV Q4 2025 9 $129.3M COF, BATRK, MIR, PRMB, FWONK Q3 2025 21 $282.2M FLR, COF, DD, ECHO, AMCR Q2 2025 18 $196.4M FLR, COF, KVUE, WDC, MIR Q1 2025 15 $104.5M WDC, AMCR, FLUT, CORZ, ROIV Q4 2024 15 $992.0M EDR, BATRK, AIG, SGRY, AMCR Q3 2024 43 $558.8M EDR, TKO, ROIV, SUM, LLYVK Q2 2024 35 $476.9M AIG, LLYVK, LSXMK, ROIV, ANSS Q1 2024 45 $450.1M AIG, LLYVK, GE, COF, ANSS