In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), WS Management LLLP reported 35 stock positions worth $764.5 million . Its top holding was Micron Technology (MU) at 15.9% of the portfolio, followed by Berkshire Hathaway Class A (BRK.A, 11.7% ) and Vaneck Gold Miners ETF (GDX, 7.1% ). Compared with Q4 2025, it opened 7 new positions, added to 12 and reduced 5. The biggest buy was a new position in iShares Russell 2000 ETF (IWM) and the biggest sale Micron Technology (MU, shares −42% ).
Location JACKSONVILLE, FL
CIK 0000877338
Portfolio Value $764.5M (Q1 2026) Holdings 35 stocks · $764.5M 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 2025 MU Micron Technology Inc. 360,000 $121.6M Reduce -41.9% BRK.A Berkshire Hathaway Inc. Class A 125 $89.8M No change GDX Vaneck Gold Miners ETF 591,367 $54.3M Add +40.1% TLT iShares 20+ Year Treasury BD 612,300 $53.1M Add +29.3% GLD SPDR Gold Shares 120,678 $51.9M No change AMZN Amazon.com Inc. 151,831 $31.6M Add +5.8% LH Labcorp Holdings Inc. 113,546 $30.3M Add +8.1% NVDA Nvidia Corp. 156,936 $27.4M Reduce -9.8% GOOGL Alphabet Inc. Class A 95,112 $27.4M Reduce -8.9% COP Conocophillips 182,540 $24.1M No change LUV Southwest Airlines Co. 546,511 $20.5M Reduce -0.6% TJX TJX Companies Inc. filed as TJX COS INC NEW 122,444 $19.6M Add +3.4% XBI SS SPDR S&P Biotech ETF 150,000 $19.2M Add +15.4% BRK.B Berkshire Hathaway Inc. Class B 39,064 $18.7M Reduce -32.5% IWM iShares Russell 2000 ETF 75,000 $18.6M New WMT Walmart Inc. 123,077 $15.3M Add +1.7% RHP Ryman Hospitality Properties 159,235 $14.7M Add +2.2% INTU Intuit Inc. 32,700 $14.1M New LAMR Lamar Advertising Co. Class A 101,700 $12.9M Add +1.7% CROX Crocs Inc. 150,000 $12.5M Add +16.3% KNX Knight-Swift Transportation 206,143 $11.9M Add +2.1% SN Sharkninja Inc. 90,000 $9.5M No change MPC Marathon Petroleum Corp. 37,378 $9.1M No change TXN Texas Instruments Inc. 40,000 $7.8M New COST Costco Wholesale Corp. 7,568 $7.5M Add +20.4% GEHC GE Healthcare Technology 96,675 $6.9M No change KMX Carmax Inc. 150,455 $6.3M No change CELH Celsius Holdings Inc. 150,000 $5.3M No change STUB Stubhub Holdings Inc. Class A 800,000 $5.0M No change ASA ASA Gold and Precious Metals 70,000 $4.3M No change VTRS Viatris Inc. 316,222 $4.3M No change ASTS Ast Spacemobile Inc. 50,000 $4.1M New HOOD Robinhood Markets Inc. Class A 33,379 $2.3M New TEM Tempus AI Inc. Class A 30,000 $1.4M New QQQ Invesco QQQ Trust Series 1 2,280 $1.3M New
Options reported separately and not counted above: GLD puts ($51.6M), MU puts ($50.7M), GLD calls ($43.0M), BRK.B puts ($24.0M), BRK.B calls ($24.0M), GDX puts ($21.1M), COP puts ($20.9M), PAYX puts ($18.4M), TLT calls ($17.3M), DAL puts ($15.3M), LYV puts ($15.3M), WMT puts ($14.9M), and 9 more.
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 ▲ MU Micron Technology Inc. Reduce -41.9% 15.91% −7.76 BRK.B Berkshire Hathaway Inc. Class B Reduce -32.5% 2.45% −1.44 GOOGL Alphabet Inc. Class A Reduce -8.9% 3.58% −0.79 NVDA Nvidia Corp. Reduce -9.8% 3.58% −0.76 LUV Southwest Airlines Co. Reduce -0.6% 2.69% −0.35
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 ▼ IWM iShares Russell 2000 ETF New 2.43% +2.43 GDX Vaneck Gold Miners ETF Add +40.1% 7.10% +2.26 INTU Intuit Inc. New 1.85% +1.85 TLT iShares 20+ Year Treasury BD Add +29.3% 6.94% +1.42 TXN Texas Instruments Inc. New 1.02% +1.02 ASTS Ast Spacemobile Inc. New 0.54% +0.54 LH Labcorp Holdings Inc. Add +8.1% 3.96% +0.44 XBI SS SPDR S&P Biotech ETF Add +15.4% 2.51% +0.39 HOOD Robinhood Markets Inc. Class A New 0.30% +0.30 COST Costco Wholesale Corp. Add +20.4% 0.99% +0.26 WMT Walmart Inc. Add +1.7% 2.00% +0.20 TEM Tempus AI Inc. Class A New 0.18% +0.18 QQQ Invesco QQQ Trust Series 1 New 0.17% +0.17 CROX Crocs Inc. Add +16.3% 1.63% +0.15 KNX Knight-Swift Transportation Add +2.1% 1.55% +0.14 TJX TJX Companies Inc. Add +3.4% 2.56% +0.13 LAMR Lamar Advertising Co. Class A Add +1.7% 1.69% −0.01 RHP Ryman Hospitality Properties Add +2.2% 1.92% −0.05 AMZN Amazon.com Inc. Add +5.8% 4.14% −0.29
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ MU Micron Technology Inc. call Sold out 260,000 $74.2Mbefore exit GLD SPDR Gold Shares put Reduce -36.8% 120,000 $51.6M MU Micron Technology Inc. put Reduce -44.4% 150,000 $50.7M GLD SPDR Gold Shares call New 100,000 $43.0M AAPL Apple Inc. put Sold out 100,000 $27.2Mbefore exit QQQ Invesco QQQ Trust Series 1 put Sold out 40,000 $24.6Mbefore exit BRK.B Berkshire Hathaway Inc. Class B put Reduce -66.7% 50,000 $24.0M BRK.B Berkshire Hathaway Inc. Class B call Add +25.0% 50,000 $24.0M GDX Vaneck Gold Miners ETF put Add +15.0% 230,000 $21.1M COP Conocophillips put Add +5.8% 158,700 $20.9M PAYX Paychex Inc. put New 200,000 $18.4M TLT iShares 20+ Year Treasury BD call New 200,000 $17.3M PAYX Paychex Inc. call Sold out 150,000 $16.8Mbefore exit DAL Delta Air Lines Inc. put New 230,000 $15.3M LYV Live Nation Entertainment Inc. put New 100,000 $15.3M WMT Walmart Inc. put New 120,000 $14.9M INTU Intuit Inc. call New 25,500 $11.0M ASTS Ast Spacemobile Inc. put Add +283.3% 115,000 $9.5M NVDA Nvidia Corp. put Sold out 50,000 $9.3Mbefore exit TXN Texas Instruments Inc. put Sold out 50,000 $8.7Mbefore exit INTU Intuit Inc. put New 20,000 $8.6M TEM Tempus AI Inc. Class A put Sold out 130,000 $7.7Mbefore exit GDX Vaneck Gold Miners ETF call New 70,000 $6.4M CELH Celsius Holdings Inc. call Add +400.0% 100,000 $3.5M LUV Southwest Airlines Co. call New 93,200 $3.5M HOOD Robinhood Markets Inc. Class A put Reduce -63.1% 50,000 $3.5M
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 31 $849.8M MU, BRK.A, GLD, AMZN, TLT Q1 2026 35 $764.5M MU, BRK.A, GDX, TLT, GLD Q4 2025 28 $747.7M MU, BRK.A, GLD, TLT, GDX Q3 2025 29 $651.6M BRK.A, GDX, MU, GLD, NVDA Q2 2025 30 $572.9M BRK.A, AMZN, MU, NVDA, GLD Q1 2025 31 $591.2M BRK.A, AMZN, TLT, GLD, LH Q4 2024 30 $648.3M BRK.A, TLT, AMZN, GLD, NVDA Q3 2024 30 $1.1B BRK.A, TLT, BRK.B, NVDA, GLD Q2 2024 34 $1.1B BRK.A, TLT, GLD, MU, NVDA Q1 2024 36 $1.1B BRK.A, MU, TLT, GLD, NVDA