Troluce Capital Advisors LLC In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Troluce Capital Advisors LLC reported 9 stock positions worth $129.3 million . Its top holding was Capital One Financial (COF) at 26.2% of the portfolio, followed by Atlanta Braves Holdings in-C (BATRK, 16.3% ) and Mirion Technologies (MIR, 15.4% ). Compared with Q3 2025, it opened 4 new positions, sold out of 16, added to 3 and reduced 2. The biggest buy was a new position in Atlanta Braves Holdings in-C (BATRK) and the biggest sale an exit from Fluor (FLR).
Location DORADO, PR
CIK 0001910321
Portfolio Value $129.3M (Q4 2025) Holdings 9 stocks · $129.3M 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 Q3 2025 COF Capital One Financial Corp. 140,000 $33.9M Reduce -26.7% BATRK Atlanta Braves Holdings in-C 533,416 $21.0M New MIR Mirion Technologies Inc. 850,000 $19.9M New PRMB Primo Brands Corp. 956,000 $15.6M Add +91.2% FWONK Liberty Media Corp. Class C 150,000 $14.8M Add +50.0% HON Honeywell International Inc. 50,000 $9.8M Reduce -20.0% AVGO Broadcom Inc. 20,000 $6.9M New GHRS GH Research PLC 373,212 $4.7M Add +698.8% MU Micron Technology Inc. 9,000 $2.6M New
Options reported separately and not counted above: GOLAR LNG LTD calls ($22.3M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $6.1M (not counted above) Total filed on the 13F, all lines: $135.4M.
Portfolio Sells Q3 2025 → Q4 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 Q3 2025 % Of Portfolio Change To Portfolio ▲ FLR Fluor Corp. Sold out 0.00% −14.91 DD Dupont DE Nemours Inc. Sold out 0.00% −11.04 ECHO Echostar Corp. Class A Sold out 0.00% −8.43 AMCR Amcor PLC Sold out 0.00% −6.23 SARO Standardaero Inc. Sold out 0.00% −6.04 EQIX Equinix Inc. Sold out 0.00% −4.16 UHAL.B U-Haul Holding Co.-Non Voting Sold out 0.00% −3.97 RAL Ralliant Corp. Sold out 0.00% −3.49 KDP Keurig Dr Pepper Inc. Sold out 0.00% −3.00 CTRI Centuri Holdings Inc. Sold out 0.00% −2.44 ASND Ascendis Pharma A/S Sold out 0.00% −2.11 HUDSON PAC PPTYS INC Sold out 0.00% −1.96 KVUE Kenvue Inc. Sold out 0.00% −1.87 RGLD Royal Gold Inc. Sold out 0.00% −1.78 VSTS Vestis Corp. Sold out 0.00% −0.99 BA The Boeing Co. Sold out 0.00% −0.68 HON Honeywell International Inc. Reduce -20.0% 7.55% +2.88 COF Capital One Financial Corp. Reduce -26.7% 26.25% +11.86
Portfolio Buys Q3 2025 → Q4 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 Q3 2025 % Of Portfolio Change To Portfolio ▼ BATRK Atlanta Braves Holdings in-C New 16.28% +16.28 MIR Mirion Technologies Inc. New 15.40% +15.40 PRMB Primo Brands Corp. Add +91.2% 12.09% +8.18 FWONK Liberty Media Corp. Class C Add +50.0% 11.43% +7.73 AVGO Broadcom Inc. New 5.35% +5.35 GHRS GH Research PLC Add +698.8% 3.67% +3.43 MU Micron Technology Inc. New 1.99% +1.99
Options Activity Q3 2025 → Q4 2025 Security Type Change vs Q3 2025 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Sold out 150,000 $99.9Mbefore exit KVUE Kenvue Inc. call Sold out 4,500,000 $73.0Mbefore exit FLR Fluor Corp. call Sold out 1,425,000 $59.9Mbefore exit HON Honeywell International Inc. call Sold out 200,000 $42.1Mbefore exit OKLO Oklo Inc. put Sold out 275,000 $30.7Mbefore exit GLNG Golar LNG Ltd. call Sold out 750,000 $30.3Mbefore exit ECHO Echostar Corp. Class A put Sold out 376,100 $28.7Mbefore exit EXAS Exact Sciences Corp. call Sold out 500,000 $27.4Mbefore exit GOLAR LNG LTD call New 598,700 $22.3M INTC Intel Corp. call Sold out 375,000 $12.6Mbefore exit AMCR Amcor PLC call Sold out 1,000,000 $8.2Mbefore exit SYF Synchrony Financial call Sold out 100,000 $7.1Mbefore exit VSTS Vestis Corp. put Sold out 1,000,000 $4.5Mbefore exit ALLY Ally Financial Inc. call Sold out 99,100 $3.9Mbefore exit ALLY Ally Financial Inc. put Sold out 99,100 $3.9Mbefore exit EWTX Edgewise Therapeutics Inc. call Sold out 55,000 $892Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025 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