Troluce Capital Advisors LLC In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Troluce Capital Advisors LLC reported 44 stock positions worth $923.4 million . Its top holding was Atlanta Braves Holdings in-C (BATRK) at 9.2% of the portfolio, followed by Echostar Class A (ECHO, 7.6% ) and Capital One Financial (COF, 6.0% ). Compared with Q4 2025, it opened 38 new positions, sold out of 3 and added to 6. The biggest buy was a new position in Echostar Class A (ECHO) and the biggest sale an exit from Primo Brands (PRMB).
Location DORADO, PR
CIK 0001910321
Portfolio Value $923.4M (Q1 2026) Holdings 44 stocks · $923.4M 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 2025 BATRK Atlanta Braves Holdings in-C 2,000,000 $85.4M Add +274.9% ECHO Echostar Corp. Class A 600,000 $70.2M New COF Capital One Financial Corp. 305,300 $55.7M Add +118.1% FWONK Liberty Media Corp. Class C 640,000 $54.4M Add +326.7% LYV Live Nation Entertainment Inc. 330,000 $50.3M New FTAI Ftai Aviation Ltd. 155,000 $38.0M New WULF Terawulf Inc. 2,300,000 $33.2M New APTV Aptiv PLC 441,383 $30.6M New DY Dycom Industries Inc. 90,000 $30.5M New MIR Mirion Technologies Inc. 1,500,000 $27.9M Add +76.5% ESI Element Solutions Inc. 810,400 $27.7M New CRBG Corebridge Financial Inc. 1,136,200 $27.1M New ETN Eaton Corp. PLC 75,000 $26.8M New AMTM Amentum Holdings Inc. 1,000,000 $26.1M New CORZ Core Scientific Inc. 1,697,090 $25.4M New VST Vistra Corp. 158,000 $23.8M New ASND Ascendis Pharma A/S 99,600 $22.8M New PNFP Pinnacle Financial Partners 258,400 $22.3M New GOOG Alphabet Inc. Class C 75,000 $21.5M New STOK Stoke Therapeutics Inc. 652,800 $21.3M New NOK Nokia Corp.-Spon ADR 2,500,000 $20.1M New FLR Fluor Corp. 400,000 $18.7M New MLYS Mineralys Therapeutics Inc. 655,000 $17.7M New CIFR Cipher Digital Inc. 1,350,000 $17.4M New QGEN Qiagen N.V. 362,500 $14.5M New GHRS GH Research PLC 990,472 $13.9M Add +165.4% NVDA Nvidia Corp. 75,000 $13.1M New WBD Warner Bros Discovery Inc. 387,000 $10.6M New BA The Boeing Co. 50,000 $10.0M New LBTYA Liberty Global Ltd. Class A 807,234 $9.8M New RYN Rayonier Inc. 435,000 $9.0M New EQH Equitable Holdings Inc. 200,000 $7.4M New HUT Hut 8 Corp. 150,000 $7.0M New GE General Electric filed as GE AEROSPACE 24,000 $6.8M New MU Micron Technology Inc. 20,000 $6.8M Add +122.2% BABA Alibaba Group Holding-SP ADR 25,000 $3.1M New ALC Alcon Inc. filed as ALCON AG 40,500 $3.1M New EQPT Equipmentshare.com Inc. Class A 147,800 $3.0M New NCLH Norwegian Cruise Line Holdin 159,100 $3.0M New IMTX Immatics NV 250,000 $2.5M New CCL Carnival Corp. 92,400 $2.4M New FPS Forgent Power Solutions Class A 55,000 $1.6M New ARI Apollo Commercial Real Estat 104,800 $1.1M New ARKO Arko Corp. 3,874 $22K New
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($162.6M), APPLIED MATLS INC puts ($102.5M), ECHOSTAR CORP puts ($70.2M), INVESCO EXCHANGE TRADED FD T calls ($57.6M), CAPITAL ONE FINL CORP puts ($54.7M), APTIV PLC calls ($42.3M), SYNCHRONY FINANCIAL calls ($23.8M), CONSTELLATION ENERGY CORP calls ($20.9M), FTAI AVIATION LTD puts ($18.4M), CORE SCIENTIFIC INC NEW calls ($18.0M), IREN LIMITED puts ($17.1M), VISTRA CORP calls ($15.0M), and 12 more.
Other holdings (2): bonds, preferreds, convertibles and warrants · $21.3M (not counted above) Total filed on the 13F, all lines: $944.7M.
Portfolio Sells Q4 2025 → Q1 2026 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 2025 % Of Portfolio Change To Portfolio ▲ PRMB Primo Brands Corp. Sold out 0.00% −12.09 HON Honeywell International Inc. Sold out 0.00% −7.55 AVGO Broadcom Inc. Sold out 0.00% −5.35
Portfolio Buys Q4 2025 → Q1 2026 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 2025 % Of Portfolio Change To Portfolio ▼ ECHO Echostar Corp. Class A New 7.61% +7.61 LYV Live Nation Entertainment Inc. New 5.45% +5.45 FTAI Ftai Aviation Ltd. New 4.11% +4.11 WULF Terawulf Inc. New 3.59% +3.59 APTV Aptiv PLC New 3.32% +3.32 DY Dycom Industries Inc. New 3.30% +3.30 ESI Element Solutions Inc. New 3.00% +3.00 CRBG Corebridge Financial Inc. New 2.94% +2.94 ETN Eaton Corp. PLC New 2.91% +2.91 AMTM Amentum Holdings Inc. New 2.82% +2.82 CORZ Core Scientific Inc. New 2.75% +2.75 VST Vistra Corp. New 2.57% +2.57 ASND Ascendis Pharma A/S New 2.47% +2.47 PNFP Pinnacle Financial Partners New 2.41% +2.41 GOOG Alphabet Inc. Class C New 2.33% +2.33 STOK Stoke Therapeutics Inc. New 2.30% +2.30 NOK Nokia Corp.-Spon ADR New 2.18% +2.18 FLR Fluor Corp. New 2.02% +2.02 MLYS Mineralys Therapeutics Inc. New 1.92% +1.92 CIFR Cipher Digital Inc. New 1.88% +1.88 QGEN Qiagen N.V. New 1.57% +1.57 NVDA Nvidia Corp. New 1.42% +1.42 WBD Warner Bros Discovery Inc. New 1.15% +1.15 BA The Boeing Co. New 1.08% +1.08 LBTYA Liberty Global Ltd. Class A New 1.06% +1.06 RYN Rayonier Inc. New 0.97% +0.97 EQH Equitable Holdings Inc. New 0.80% +0.80 HUT Hut 8 Corp. New 0.76% +0.76 GE General Electric New 0.74% +0.74 BABA Alibaba Group Holding-SP ADR New 0.34% +0.34 ALC Alcon Inc. New 0.33% +0.33 EQPT Equipmentshare.com Inc. Class A New 0.33% +0.33 NCLH Norwegian Cruise Line Holdin New 0.32% +0.32 IMTX Immatics NV New 0.27% +0.27 CCL Carnival Corp. New 0.26% +0.26 FPS Forgent Power Solutions Class A New 0.17% +0.17 ARI Apollo Commercial Real Estat New 0.12% +0.12 ARKO Arko Corp. New 0.00% +0.00 MU Micron Technology Inc. Add +122.2% 0.73% −1.26 GHRS GH Research PLC Add +165.4% 1.51% −2.16 FWONK Liberty Media Corp. Class C Add +326.7% 5.89% −5.54 BATRK Atlanta Braves Holdings in-C Add +274.9% 9.25% −7.03 MIR Mirion Technologies Inc. Add +76.5% 3.02% −12.38 COF Capital One Financial Corp. Add +118.1% 6.03% −20.22
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ STATE STR SPDR S&P 500 ETF T put New 250,000 $162.6M APPLIED MATLS INC put New 300,000 $102.5M ECHOSTAR CORP put New 600,000 $70.2M INVESCO EXCHANGE TRADED FD T call New 300,000 $57.6M CAPITAL ONE FINL CORP put New 300,000 $54.7M APTIV PLC call New 609,700 $42.3M SYNCHRONY FINANCIAL call New 350,000 $23.8M GOLAR LNG LTD call Sold out 598,700 $22.3Mbefore exit CONSTELLATION ENERGY CORP call New 75,000 $20.9M FTAI AVIATION LTD put New 75,000 $18.4M CORE SCIENTIFIC INC NEW call New 1,200,000 $18.0M IREN LIMITED put New 500,000 $17.1M VISTRA CORP call New 100,000 $15.0M SPHERE ENTERTAINMENT CO put New 125,000 $14.7M BOEING CO call New 50,000 $10.0M MIRION TECHNOLOGIES INC call New 500,000 $9.3M IREN LIMITED call New 250,000 $8.6M COREWEAVE INC call New 100,000 $7.7M COREWEAVE INC put New 100,000 $7.7M CYTOKINETICS INC call New 100,000 $6.6M ARES MANAGEMENT CORPORATION call New 60,000 $6.5M WIX COM LTD put New 70,400 $6.3M BLUE OWL CAPITAL INC call New 500,000 $4.6M FERMI INC call New 200,000 $1.2M APTIV PLC put New 2,900 $201K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026 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