Troluce Capital Advisors LLC In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Troluce Capital Advisors LLC reported 21 stock positions worth $282.2 million . Its top holding was Fluor (FLR) at 14.9% of the portfolio, followed by Capital One Financial (COF, 14.4% ) and Dupont DE Nemours (DD, 11.0% ). Compared with Q2 2025, it opened 13 new positions, sold out of 10, added to 4 and reduced 3. The biggest buy was a new position in Dupont DE Nemours (DD) and the biggest sale Fluor (FLR, shares −23% ).
Location DORADO, PR
CIK 0001910321
Portfolio Value $282.2M (Q3 2025) Holdings 21 stocks · $282.2M 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 Q2 2025 FLR Fluor Corp. 1,000,000 $42.1M Reduce -23.1% COF Capital One Financial Corp. 191,000 $40.6M Add +12.8% DD Dupont DE Nemours Inc. 400,000 $31.2M New ECHO Echostar Corp. Class A 311,346 $23.8M New AMCR Amcor PLC 2,150,000 $17.6M Add +59.3% SARO Standardaero Inc. 625,000 $17.1M New HON Honeywell International Inc. 62,500 $13.2M New EQIX Equinix Inc. 15,000 $11.7M New UHAL.B U-Haul Holding Co.-Non Voting 220,000 $11.2M New PRMB Primo Brands Corp. 500,000 $11.1M New FWONK Liberty Media Corp. Class C 100,000 $10.4M New RAL Ralliant Corp. 225,000 $9.8M New KDP Keurig Dr Pepper Inc. 331,400 $8.5M New CTRI Centuri Holdings Inc. 325,000 $6.9M New ASND Ascendis Pharma A/S 30,000 $6.0M No change HUDSON PAC PPTYS INC 2,000,000 $5.5M Add +48.1% KVUE Kenvue Inc. 325,000 $5.3M Reduce -65.8% RGLD Royal Gold Inc. 25,000 $5.0M New VSTS Vestis Corp. 617,290 $2.8M Add +244.7% BA The Boeing Co. 8,900 $1.9M New GHRS GH Research PLC 46,722 $668K Reduce -45.5%
Options reported separately and not counted above: SPY puts ($99.9M), KVUE calls ($73.0M), FLR calls ($59.9M), HON calls ($42.1M), OKLO puts ($30.7M), GLNG calls ($30.3M), ECHO puts ($28.7M), EXAS calls ($27.4M), INTC calls ($12.6M), AMCR calls ($8.2M), SYF calls ($7.1M), VSTS puts ($4.5M), and 3 more.
Portfolio Sells Q2 2025 → Q3 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 Q2 2025 % Of Portfolio Change To Portfolio ▲ FLR Fluor Corp. Reduce -23.1% 14.91% −19.02 WDC Western Digital Corp. Sold out 0.00% −8.31 KVUE Kenvue Inc. Reduce -65.8% 1.87% −8.25 MIR Mirion Technologies Inc. Sold out 0.00% −6.58 AMRZ Amrize Ltd. Sold out 0.00% −5.30 MRUS Merus NV Sold out 0.00% −1.87 ROIV Roivant Sciences Ltd. Sold out 0.00% −1.43 SGRY Surgery Partners Inc. Sold out 0.00% −1.13 BTBT Bit Digital Inc. Sold out 0.00% −0.39 DHC Diversified Healthcare Trust Sold out 0.00% −0.36 GHRS GH Research PLC Reduce -45.5% 0.24% −0.30 CORZ Core Scientific Inc. Sold out 0.00% −0.22 TCRX Tscan Therapeutics Inc. Sold out 0.00% −0.11
Portfolio Buys Q2 2025 → Q3 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 Q2 2025 % Of Portfolio Change To Portfolio ▼ DD Dupont DE Nemours Inc. New 11.04% +11.04 ECHO Echostar Corp. Class A New 8.43% +8.43 SARO Standardaero Inc. New 6.04% +6.04 HON Honeywell International Inc. New 4.66% +4.66 EQIX Equinix Inc. New 4.16% +4.16 UHAL.B U-Haul Holding Co.-Non Voting New 3.97% +3.97 PRMB Primo Brands Corp. New 3.92% +3.92 FWONK Liberty Media Corp. Class C New 3.70% +3.70 RAL Ralliant Corp. New 3.49% +3.49 KDP Keurig Dr Pepper Inc. New 3.00% +3.00 CTRI Centuri Holdings Inc. New 2.44% +2.44 RGLD Royal Gold Inc. New 1.78% +1.78 BA The Boeing Co. New 0.68% +0.68 VSTS Vestis Corp. Add +244.7% 0.99% +0.47 HUDSON PAC PPTYS INC Add +48.1% 1.96% +0.07 AMCR Amcor PLC Add +59.3% 6.23% −0.08 COF Capital One Financial Corp. Add +12.8% 14.39% −3.96
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Add +200.0% 150,000 $99.9M KVUE Kenvue Inc. call Add +4400.0% 4,500,000 $73.0M FLR Fluor Corp. call New 1,425,000 $59.9M HON Honeywell International Inc. call New 200,000 $42.1M SMR Nuscale Power Corp. call Sold out 1,015,000 $40.2Mbefore exit SKX Skechers USA Inc. Class A call Sold out 548,700 $34.6Mbefore exit COF Capital One Financial Corp. call Sold out 150,000 $31.9Mbefore exit OKLO Oklo Inc. put New 275,000 $30.7M ECHO Echostar Corp. Class A put New 376,100 $28.7M EXAS Exact Sciences Corp. call New 500,000 $27.4M FLR Fluor Corp. put Sold out 300,000 $15.4Mbefore exit INTC Intel Corp. call New 375,000 $12.6M RBLX Roblox Corp. Class A put Sold out 100,000 $10.5Mbefore exit AMCR Amcor PLC call Reduce -46.3% 1,000,000 $8.2M SYF Synchrony Financial call New 100,000 $7.1M UNH Unitedhealth Group Inc. call Sold out 20,000 $6.2Mbefore exit ALLY Ally Financial Inc. put New 99,100 $3.9M ALLY Ally Financial Inc. call New 99,100 $3.9M EWTX Edgewise Therapeutics Inc. call New 55,000 $892K USAR USA Rare Earth Inc. call Sold out 50,000 $548Kbefore 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 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