X-Square Capital, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), X-Square Capital, LLC reported 153 stock positions worth $211.0 million. Its top holding was iShares Bitcoin Trust ETF (IBIT) at 4.1% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 2.9%) and Popular (BPOP, 2.7%). Compared with Q4 2023, it opened 28 new positions, sold out of 30, added to 56 and reduced 53. The biggest buy was a new position in iShares Bitcoin Trust ETF (IBIT) and the biggest sale Lockheed Martin (LMT, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- GUAYNABO, PR
- CIK
- 0001729300
- Portfolio Value
- $211.0M (Q1 2024)
- SEC Filing
- 0001729300-24-000003 ↗ filed May 14, 2024
Holdings Value
Holdings 153 stocks · $211.0M
| IBIT iShares Bitcoin Trust ETF | 4.08% | 218,537 | $8.6M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.95% | 12,388 | $6.2M | Add +9.4% |
| BPOP Popular Inc. | 2.66% | 64,341 | $5.6M | Reduce -10.0% |
| AMD Advanced Micro Devices | 2.36% | 29,516 | $5.0M | Add +81.1% |
| META Meta Platforms Inc. Class A | 2.36% | 10,899 | $5.0M | Reduce -17.8% |
| MU Micron Technology Inc. | 2.01% | 36,556 | $4.2M | Reduce -29.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.00% | 10,329 | $4.2M | Add +13.8% |
| FBP First Bancorp Puerto Rico | 1.98% | 241,830 | $4.2M | Reduce -21.3% |
| OFG Ofg Bancorp | 1.98% | 113,867 | $4.2M | Add +32.7% |
| JPM JPMorgan Chase & Co. | 1.98% | 21,296 | $4.2M | Add +5.0% |
| NFE New Fortress Energy Inc. | 1.94% | 136,615 | $4.1M | Add +6.9% |
| COST Costco Wholesale Corp. | 1.82% | 5,266 | $3.8M | Add +31.6% |
| AMGN Amgen Inc. | 1.81% | 13,712 | $3.8M | Add +38.3% |
| NVDA Nvidia Corp. | 1.79% | 4,254 | $3.8M | Add +26.4% |
| AMZN Amazon.com Inc. | 1.69% | 20,004 | $3.6M | Add +24.4% |
| URI United Rentals Inc. | 1.61% | 4,802 | $3.4M | Reduce -10.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.47% | 31,365 | $3.1M | Add +89.0% |
| GD General Dynamics Corp. | 1.43% | 10,651 | $3.0M | Reduce -28.1% |
| TEVA Teva Pharmaceutical-SP ADR | 1.42% | 213,127 | $3.0M | Add +7.9% |
| SU Suncor Energy Inc. | 1.39% | 79,276 | $2.9M | Add +121.4% |
| CPRT Copart Inc. | 1.31% | 48,437 | $2.8M | Reduce -29.0% |
| CMG Chipotle Mexican Grill Inc. | 1.25% | 898 | $2.6M | Add +117.4% |
| PYPL PayPal Holdings Inc. | 1.25% | 39,356 | $2.6M | Add +57.4% |
| LEN Lennar Corp. Class A | 1.25% | 15,683 | $2.6M | Add +4.3% |
| XPO Xpo Inc. | 1.23% | 21,503 | $2.6M | Reduce -3.0% |
| VLO Valero Energy Corp. | 1.21% | 15,269 | $2.5M | Add +32.6% |
| SKX Skechers USA Inc. Class A | 1.20% | 40,688 | $2.5M | Add +203.9% |
| MSFT Microsoft Corp. | 1.19% | 6,178 | $2.5M | Add +157.8% |
| ABBV Abbvie Inc. | 1.19% | 14,256 | $2.5M | Add +170.3% |
| MELI MercadoLibre Inc. | 1.16% | 1,634 | $2.4M | Add +2.5% |
| TDG Transdigm Group Inc. | 1.14% | 1,955 | $2.4M | New |
| RH RH | 1.12% | 7,210 | $2.4M | Add +29.3% |
| TPL Texas Pacific Land Corp. | 1.08% | 3,930 | $2.3M | Add +35.9% |
| DPST Dirx DLY RGNL BNK B3X ETF-Ui | 1.06% | 28,575 | $2.2M | Add +185.8% |
| URNM Sprott Uranium Miners ETF | 1.03% | 43,850 | $2.2M | Reduce -34.5% |
| ZTAX X-Square Municipal Inc. ETF | 1.00% | 78,930 | $2.1M | Add +17.6% |
| DG Dollar General Corp. | 0.99% | 13,601 | $2.1M | Add +45.7% |
| AAPL Apple Inc. | 0.96% | 11,944 | $2.0M | Add +0.9% |
| WMT Walmart Inc. | 0.96% | 33,867 | $2.0M | Reduce -1.1% |
| EXPE Expedia Group Inc. | 0.95% | 14,646 | $2.0M | New |
| XLE SS Energy Select Sector | 0.95% | 21,358 | $2.0M | Reduce -26.9% |
| DPZ Domino's Pizza Inc. | 0.94% | 3,974 | $2.0M | Add +21.7% |
| GOOG Alphabet Inc. Class C | 0.92% | 12,193 | $2.0M | Reduce -47.6% |
| VTLE Vital Energy Inc. | 0.89% | 35,691 | $1.9M | Reduce -16.4% |
| KO The Coca-Cola Co. | 0.87% | 29,851 | $1.8M | Add +346.3% |
| KMB Kimberly-Clark Corp. | 0.86% | 13,905 | $1.8M | Add +418.3% |
| FANG Diamondback Energy Inc. | 0.83% | 8,804 | $1.8M | Add +1.9% |
| GNRC Generac Holdings Inc. | 0.80% | 13,345 | $1.7M | Reduce -0.3% |
| VALE Vale SA-SP ADR | 0.80% | 137,805 | $1.7M | Add +116.5% |
| ORLY O'reilly Automotive Inc. | 0.78% | 1,479 | $1.7M | New |
| NOC Northrop Grumman Corp. | 0.75% | 3,310 | $1.6M | New |
| BAH Booz Allen Hamilton Holdings | 0.73% | 10,437 | $1.5M | Add +507.5% |
| FRO Frontline PLC | 0.66% | 59,185 | $1.4M | Reduce -18.5% |
| PHM Pultegroup Inc. | 0.61% | 10,938 | $1.3M | Reduce -53.8% |
| GFS Globalfoundries Inc. | 0.57% | 23,330 | $1.2M | Add +78.9% |
| PM Philip Morris International | 0.56% | 12,543 | $1.2M | Reduce -51.1% |
| OXY Occidental Petroleum Corp. | 0.55% | 17,448 | $1.2M | New |
| HD Home Depot Inc. | 0.54% | 3,204 | $1.1M | Reduce -2.5% |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.54% | 240,800 | $1.1M | Add +3.0% |
| ERX Direxion Daily Enrgy BL2X-Ui | 0.53% | 15,959 | $1.1M | Reduce -51.6% |
| BORR Borr Drilling Ltd. | 0.53% | 165,300 | $1.1M | Add +230.6% |
| BTE Baytex Energy Corp. | 0.52% | 297,780 | $1.1M | Add +20.2% |
| VAL Valaris Ltd. | 0.50% | 14,596 | $1.1M | New |
| BKNG Booking Holdings Inc. | 0.50% | 290 | $1.0M | New |
| FAST Fastenal Co. | 0.49% | 14,109 | $1.0M | Reduce -3.6% |
| EC Ecopetrol SA-Sponsored ADR | 0.47% | 84,392 | $991K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.46% | 2,960 | $976K | Add +211.3% |
| BMA Banco Macro SA-ADR | 0.46% | 20,000 | $964K | No change |
| LMT Lockheed Martin Corp. | 0.45% | 2,077 | $954K | Reduce -69.0% |
| VGT Vanguard Info Tech ETF | 0.44% | 1,884 | $932K | New |
| RTX RTX Corp. | 0.43% | 9,031 | $907K | Reduce -48.8% |
| BAK Braskem SA Class A- ADR | 0.42% | 85,000 | $895K | No change |
| VIST Vista Energy Sab DE CV | 0.42% | 21,589 | $893K | New |
| JNJ Johnson & Johnson | 0.41% | 5,679 | $858K | Add +1.3% |
| TELL Tellurian Inc. | 0.39% | 1,423,222 | $833K | Reduce -12.3% |
| BTU Peabody Energy Corp. | 0.39% | 34,180 | $813K | Reduce -14.5% |
| EWZ iShares MSCI Brazil ETF | 0.38% | 25,341 | $810K | Add +48.4% |
| CB Chubb Ltd. | 0.38% | 3,119 | $801K | Add +3.4% |
| TUSK Mammoth Energy Services Inc. | 0.37% | 215,092 | $783K | No change |
| MO Altria Group Inc. | 0.37% | 17,723 | $775K | Reduce -51.3% |
| GRMN Garmin Ltd. | 0.36% | 5,191 | $766K | Add +3.8% |
| ALLY Ally Financial Inc. | 0.36% | 19,212 | $760K | Reduce -1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 20,263 | $750K | Reduce -6.4% |
| GPRK Geopark Ltd. | 0.35% | 77,000 | $739K | No change |
| PG The Procter & Gamble Co. | 0.35% | 4,467 | $729K | Reduce -1.6% |
| HE Hawaiian Electric Inds | 0.34% | 64,146 | $723K | Add +28.3% |
| XOM Exxon Mobil Corp. | 0.33% | 5,945 | $703K | Reduce -0.3% |
| TSCO Tractor Supply Company | 0.32% | 2,538 | $666K | Add +2.4% |
| SHOP Shopify Inc. Class A | 0.30% | 8,481 | $624K | Reduce -31.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.28% | 100 | $600K | No change |
| MRSH Marsh & McLennan Cos | 0.28% | 2,906 | $599K | Add +4.3% |
| GOOGL Alphabet Inc. Class A | 0.28% | 3,650 | $594K | Add +37.7% |
| TEEKAY CORPORATION | 0.28% | 10,000 | $584K | New |
| MRK Merck & Co. Inc. | 0.27% | 4,488 | $580K | Add +0.1% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.27% | 332 | $565K | New |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.27% | 7,510 | $561K | New |
| EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP | 0.26% | 6,209 | $553K | Reduce -53.0% |
| TDW Tidewater Inc. | 0.26% | 6,000 | $552K | New |
| OIH Vaneck Oil Services ETF | 0.26% | 1,751 | $548K | Reduce -61.1% |
| TMF Dir DLY 20+YR TR BL3X ETF-Ui | 0.26% | 12,300 | $540K | New |
Portfolio Sells Q4 2023 → Q1 2024
| LMT Lockheed Martin Corp. | Reduce -69.0% | 0.45% | −0.84 |
| LUV Southwest Airlines Co. | Sold out | 0.00% | −0.65 |
| JEPI JPMorgan Equity Premium Inco | Sold out | 0.00% | −0.64 |
| AMR Alpha Metallurgical Resource | Sold out | 0.00% | −0.63 |
| COTY Coty Inc. Class A | Reduce -74.5% | 0.17% | −0.49 |
| GOOG Alphabet Inc. Class C | Reduce -47.6% | 0.92% | −0.47 |
| PM Philip Morris International | Reduce -51.1% | 0.56% | −0.47 |
| PBR Petroleo Brasileiro-Spon ADR | Sold out | 0.00% | −0.45 |
| PHM Pultegroup Inc. | Reduce -53.8% | 0.61% | −0.43 |
| TEN Tsakos Energy Navigation Ltd. | Sold out | 0.00% | −0.38 |
| BRZU Dir Dai Ms Braz Bul 2X ETF-U | Sold out | 0.00% | −0.38 |
| URNM Sprott Uranium Miners ETF | Reduce -34.5% | 1.03% | −0.35 |
| OIH Vaneck Oil Services ETF | Reduce -61.1% | 0.26% | −0.33 |
| FAS Dirx DLY Finacial B3X ETF-Ui | Sold out | 0.00% | −0.33 |
| AR Antero Resources Corp. | Sold out | 0.00% | −0.32 |
| BABA Alibaba Group Holding-SP ADR | Reduce -57.1% | 0.25% | −0.30 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.29 |
| ERX Direxion Daily Enrgy BL2X-Ui | Reduce -51.6% | 0.53% | −0.26 |
| MO Altria Group Inc. | Reduce -51.3% | 0.37% | −0.26 |
| BDN Brandywine Realty Trust | Sold out | 0.00% | −0.25 |
| SOXX iShares Semiconductor ETF | Sold out | 0.00% | −0.23 |
| TFC Truist Financial Corp. | Reduce -55.3% | 0.24% | −0.22 |
| NIO Nio Inc. - ADR | Reduce -79.2% | 0.03% | −0.22 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.22 |
| RIOT Riot Platforms Inc. | Reduce -48.0% | 0.18% | −0.22 |
| RXO Rxo Inc. | Sold out | 0.00% | −0.21 |
| ACMR Acm Research Inc. Class A | Sold out | 0.00% | −0.21 |
| YINN Direxion DLY Ftse CH BL3X-Ui | Sold out | 0.00% | −0.21 |
| GD General Dynamics Corp. | Reduce -28.1% | 1.43% | −0.20 |
| RTX RTX Corp. | Reduce -48.8% | 0.43% | −0.20 |
| ZBRA Zebra Technologies Corp. Class A | Sold out | 0.00% | −0.20 |
| AKAM Akamai Technologies Inc. | Reduce -61.5% | 0.13% | −0.20 |
| INSW International Seaways Inc. | Sold out | 0.00% | −0.19 |
| TME Tencent Music Entertainm-ADR | Sold out | 0.00% | −0.19 |
| PI Impinj Inc. | Sold out | 0.00% | −0.19 |
| Z Zillow Group Inc. Class C | Reduce -58.3% | 0.11% | −0.18 |
| ACDC Profrac Holding Corp. Class A | Sold out | 0.00% | −0.18 |
| VTNRQ Vertex Energy Inc. | Sold out | 0.00% | −0.18 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.18 |
| EXE Expand Energy Corp. | Reduce -53.0% | 0.26% | −0.17 |
| FBP First Bancorp Puerto Rico | Reduce -21.3% | 1.98% | −0.17 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.17 |
| USD Proshares Ultra Semiconduct | Sold out | 0.00% | −0.16 |
| FTNT Fortinet Inc. | Reduce -58.0% | 0.18% | −0.15 |
| BHC Bausch Health Cos Inc. | Reduce -71.0% | 0.09% | −0.14 |
| TELL Tellurian Inc. | Reduce -12.3% | 0.39% | −0.13 |
| SHOP Shopify Inc. Class A | Reduce -31.2% | 0.30% | −0.11 |
| CPRT Copart Inc. | Reduce -29.0% | 1.31% | −0.11 |
| IYH iShares U.S. Healthcare ETF | Sold out | 0.00% | −0.11 |
| MKTX Marketaxess Holdings Inc. | Reduce -40.9% | 0.10% | −0.10 |
Portfolio Buys Q4 2023 → Q1 2024
| IBIT iShares Bitcoin Trust ETF | New | 4.08% | +4.08 |
| AMD Advanced Micro Devices | Add +81.1% | 2.36% | +1.34 |
| TDG Transdigm Group Inc. | New | 1.14% | +1.14 |
| NVDA Nvidia Corp. | Add +26.4% | 1.79% | +1.08 |
| EXPE Expedia Group Inc. | New | 0.95% | +0.95 |
| SU Suncor Energy Inc. | Add +121.4% | 1.39% | +0.90 |
| CMG Chipotle Mexican Grill Inc. | Add +117.4% | 1.25% | +0.85 |
| SKX Skechers USA Inc. Class A | Add +203.9% | 1.20% | +0.85 |
| ABBV Abbvie Inc. | Add +170.3% | 1.19% | +0.84 |
| TJX TJX Companies Inc. | Add +89.0% | 1.47% | +0.81 |
| MSFT Microsoft Corp. | Add +157.8% | 1.19% | +0.81 |
| ORLY O'reilly Automotive Inc. | New | 0.78% | +0.78 |
| NOC Northrop Grumman Corp. | New | 0.75% | +0.75 |
| KMB Kimberly-Clark Corp. | Add +418.3% | 0.86% | +0.72 |
| KO The Coca-Cola Co. | Add +346.3% | 0.87% | +0.70 |
| COST Costco Wholesale Corp. | Add +31.6% | 1.82% | +0.69 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +9.4% | 2.95% | +0.66 |
| AMZN Amazon.com Inc. | Add +24.4% | 1.69% | +0.65 |
| DPST Dirx DLY RGNL BNK B3X ETF-Ui | Add +185.8% | 1.06% | +0.65 |
| BAH Booz Allen Hamilton Holdings | Add +507.5% | 0.73% | +0.64 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +13.8% | 2.00% | +0.62 |
| OFG Ofg Bancorp | Add +32.7% | 1.98% | +0.61 |
| PYPL PayPal Holdings Inc. | Add +57.4% | 1.25% | +0.60 |
| AMGN Amgen Inc. | Add +38.3% | 1.81% | +0.60 |
| VLO Valero Energy Corp. | Add +32.6% | 1.21% | +0.57 |
| OXY Occidental Petroleum Corp. | New | 0.55% | +0.55 |
| TEVA Teva Pharmaceutical-SP ADR | Add +7.9% | 1.42% | +0.55 |
| JPM JPMorgan Chase & Co. | Add +5.0% | 1.98% | +0.51 |
| VAL Valaris Ltd. | New | 0.50% | +0.50 |
| BKNG Booking Holdings Inc. | New | 0.50% | +0.50 |
| DG Dollar General Corp. | Add +45.7% | 0.99% | +0.45 |
| VGT Vanguard Info Tech ETF | New | 0.44% | +0.44 |
| TPL Texas Pacific Land Corp. | Add +35.9% | 1.08% | +0.43 |
| RH RH | Add +29.3% | 1.12% | +0.43 |
| VIST Vista Energy Sab DE CV | New | 0.42% | +0.42 |
| DPZ Domino's Pizza Inc. | Add +21.7% | 0.94% | +0.37 |
| BORR Borr Drilling Ltd. | Add +230.6% | 0.53% | +0.37 |
| VALE Vale SA-SP ADR | Add +116.5% | 0.80% | +0.37 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +211.3% | 0.46% | +0.34 |
| LEN Lennar Corp. Class A | Add +4.3% | 1.25% | +0.30 |
| TEEKAY CORPORATION | New | 0.28% | +0.28 |
| MSTR Strategy Inc. | New | 0.27% | +0.27 |
| BJ Bj's Wholesale Club Holdings | New | 0.27% | +0.27 |
| TDW Tidewater Inc. | New | 0.26% | +0.26 |
| FANG Diamondback Energy Inc. | Add +1.9% | 0.83% | +0.26 |
| TMF Dir DLY 20+YR TR BL3X ETF-Ui | New | 0.26% | +0.26 |
| ZTAX X-Square Municipal Inc. ETF | Add +17.6% | 1.00% | +0.25 |
| GFS Globalfoundries Inc. | Add +78.9% | 0.57% | +0.24 |
| TSLA Tesla Inc. | New | 0.23% | +0.23 |
| SSO Proshares Ultra S&P500 | New | 0.21% | +0.21 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 176 | $394.1M | ASTS, AMD, MU, SPY, IREN |
| Q1 2026 | 164 | $296.7M | SPY, IREN, AMD, HIMS, META |
| Q4 2025 | 161 | $305.2M | HIMS, ASTS, SPY, AMD, IREN |
| Q3 2025 | 162 | $320.2M | HIMS, LMND, ASTS, SPY, AMD |
| Q2 2025 | 160 | $278.1M | HIMS, SPY, MSTR, IBIT, META |
| Q1 2025 | 154 | $232.6M | IBIT, SPY, OFG, META, BRK.B |
| Q4 2024 | 163 | $243.3M | IBIT, SPY, META, OFG, JPM |
| Q3 2024 | 161 | $295.9M | BRK.A, IBIT, SPY, FBP, OFG |
| Q2 2024 | 157 | $276.3M | BRK.A, IBIT, FBP, OFG, SPY |
| Q1 2024 | 153 | $211.0M | IBIT, SPY, BPOP, AMD, META |