X-Square Capital, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), X-Square Capital, LLC reported 163 stock positions worth $243.3 million. Its top holding was iShares Bitcoin Trust ETF (IBIT) at 5.8% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 3.7%) and Meta Platforms Class A (META, 2.5%). Compared with Q3 2024, it opened 14 new positions, sold out of 12, added to 66 and reduced 50. The biggest buy was iShares Bitcoin Trust ETF (IBIT, shares +20%) and the biggest sale Teva Pharmaceutical-SP ADR (TEVA, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- GUAYNABO, PR
- CIK
- 0001729300
- Portfolio Value
- $243.3M (Q4 2024)
- SEC Filing
- 0001729300-25-000001 ↗ filed Feb 12, 2025
Holdings Value
Holdings 163 stocks · $243.3M
| IBIT iShares Bitcoin Trust ETF | 5.83% | 267,240 | $14.2M | Add +19.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.69% | 15,296 | $9.0M | Add +10.3% |
| META Meta Platforms Inc. Class A | 2.52% | 10,490 | $6.1M | Reduce -0.2% |
| OFG Ofg Bancorp | 2.49% | 143,039 | $6.1M | Add +0.2% |
| JPM JPMorgan Chase & Co. | 2.14% | 21,692 | $5.2M | Add +0.1% |
| COST Costco Wholesale Corp. | 2.01% | 5,347 | $4.9M | Reduce -0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.99% | 10,658 | $4.8M | Reduce -0.3% |
| MELI MercadoLibre Inc. | 1.95% | 2,795 | $4.8M | Add +64.0% |
| FBP First Bancorp Puerto Rico | 1.91% | 249,504 | $4.6M | Reduce -20.6% |
| TSLA Tesla Inc. | 1.87% | 11,285 | $4.6M | Add +510.3% |
| AMZN Amazon.com Inc. | 1.82% | 20,217 | $4.4M | Add +0.5% |
| AMD Advanced Micro Devices | 1.81% | 36,530 | $4.4M | Add +12.7% |
| NVDA Nvidia Corp. | 1.75% | 31,720 | $4.3M | Reduce -0.4% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 1.62% | 13,605 | $3.9M | Add +11.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.59% | 32,001 | $3.9M | Reduce -0.1% |
| AMGN Amgen Inc. | 1.49% | 13,941 | $3.6M | Reduce -0.1% |
| BPOP Popular Inc. | 1.46% | 37,820 | $3.6M | Add +135.4% |
| URI United Rentals Inc. | 1.45% | 5,018 | $3.5M | Add +0.6% |
| CPRT Copart Inc. | 1.41% | 59,749 | $3.4M | Add +0.7% |
| AAPL Apple Inc. | 1.40% | 13,633 | $3.4M | Reduce -0.0% |
| MU Micron Technology Inc. | 1.30% | 37,630 | $3.2M | Reduce -0.5% |
| WMT Walmart Inc. | 1.27% | 34,301 | $3.1M | Reduce -0.5% |
| RH RH | 1.25% | 7,757 | $3.1M | Reduce -27.5% |
| CMG Chipotle Mexican Grill Inc. | 1.24% | 50,118 | $3.0M | Add +0.9% |
| XPO Xpo Inc. | 1.22% | 22,545 | $3.0M | Add +0.9% |
| PYPL PayPal Holdings Inc. | 1.21% | 34,611 | $3.0M | Reduce -0.1% |
| SU Suncor Energy Inc. | 1.21% | 82,720 | $3.0M | Add +0.3% |
| GD General Dynamics Corp. | 1.20% | 11,114 | $2.9M | Add +0.2% |
| SKX Skechers USA Inc. Class A | 1.18% | 42,835 | $2.9M | Add +0.5% |
| NFE New Fortress Energy Inc. | 1.15% | 185,210 | $2.8M | Add +0.3% |
| ABBV Abbvie Inc. | 1.08% | 14,852 | $2.6M | Add +1.0% |
| TDG Transdigm Group Inc. | 1.08% | 2,082 | $2.6M | Add +1.0% |
| MSFT Microsoft Corp. | 1.07% | 6,158 | $2.6M | Add +0.8% |
| LEN Lennar Corp. Class A | 0.92% | 16,396 | $2.2M | Add +0.9% |
| GNRC Generac Holdings Inc. | 0.92% | 14,361 | $2.2M | Add +0.9% |
| PLTR Palantir Technologies Inc. Class A | 0.90% | 29,081 | $2.2M | No change |
| ZTAX X-Square Municipal Inc. ETF | 0.89% | 80,246 | $2.2M | Add +0.9% |
| GOOG Alphabet Inc. Class C | 0.88% | 11,239 | $2.1M | Reduce -2.0% |
| EXPE Expedia Group Inc. | 0.82% | 10,659 | $2.0M | Add +1.5% |
| KO The Coca-Cola Co. | 0.80% | 31,112 | $1.9M | Add +1.4% |
| BKNG Booking Holdings Inc. | 0.79% | 386 | $1.9M | Add +0.8% |
| VLO Valero Energy Corp. | 0.79% | 15,637 | $1.9M | Add +0.0% |
| DPZ Domino's Pizza Inc. | 0.78% | 4,515 | $1.9M | Add +1.2% |
| LULU Lululemon Athletica Inc. | 0.78% | 4,949 | $1.9M | Reduce -3.6% |
| HIMS Hims & Hers Health Inc. | 0.77% | 77,233 | $1.9M | Add +2.9% |
| XLE SS Energy Select Sector | 0.77% | 21,789 | $1.9M | Reduce -21.3% |
| KMB Kimberly-Clark Corp. | 0.76% | 14,088 | $1.8M | Add +0.4% |
| ORLY O'reilly Automotive Inc. | 0.76% | 1,551 | $1.8M | Add +1.4% |
| OXY Occidental Petroleum Corp. | 0.70% | 34,339 | $1.7M | Add +0.2% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.68% | 168,990 | $1.7M | Add +87.8% |
| URNM Sprott Uranium Miners ETF | 0.68% | 41,043 | $1.7M | Reduce -6.4% |
| TPL Texas Pacific Land Corp. | 0.67% | 1,478 | $1.6M | Reduce -57.9% |
| NOC Northrop Grumman Corp. | 0.67% | 3,473 | $1.6M | Add +1.3% |
| PM Philip Morris International | 0.64% | 12,840 | $1.5M | Reduce -1.0% |
| BAH Booz Allen Hamilton Holdings | 0.58% | 10,894 | $1.4M | Add +0.0% |
| TEVA Teva Pharmaceutical-SP ADR | 0.55% | 61,182 | $1.3M | Reduce -72.2% |
| VALE Vale SA-SP ADR | 0.55% | 151,914 | $1.3M | Add +1.8% |
| APP AppLovin Corp. Class A | 0.53% | 3,999 | $1.3M | Add +2.5% |
| HD Home Depot Inc. | 0.53% | 3,290 | $1.3M | Reduce -0.9% |
| FRO Frontline PLC | 0.52% | 88,828 | $1.3M | New |
| SMLR Semler Scientific Inc. | 0.51% | 23,025 | $1.2M | New |
| PHM Pultegroup Inc. | 0.48% | 10,792 | $1.2M | Reduce -0.1% |
| DG Dollar General Corp. | 0.47% | 15,229 | $1.2M | Add +3.0% |
| VAL Valaris Ltd. | 0.47% | 26,063 | $1.2M | Add +69.6% |
| GRMN Garmin Ltd. | 0.47% | 5,521 | $1.1M | No change |
| RTX RTX Corp. | 0.46% | 9,582 | $1.1M | Add +0.1% |
| GFS Globalfoundries Inc. | 0.44% | 24,813 | $1.1M | Add +2.0% |
| LMT Lockheed Martin Corp. | 0.44% | 2,186 | $1.1M | Add +0.2% |
| FAST Fastenal Co. | 0.43% | 14,681 | $1.1M | Reduce -1.1% |
| VTLE Vital Energy Inc. | 0.42% | 33,455 | $1.0M | Reduce -6.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.41% | 1,966 | $1.0M | Reduce -0.6% |
| SHOP Shopify Inc. Class A | 0.41% | 9,303 | $989K | Reduce -2.8% |
| MO Altria Group Inc. | 0.40% | 18,619 | $974K | Reduce -0.9% |
| CB Chubb Ltd. | 0.39% | 3,393 | $937K | No change |
| HCC Warrior Met Coal Inc. | 0.38% | 17,150 | $930K | No change |
| SMCI Super Micro Computer Inc. | 0.35% | 28,000 | $853K | New |
| JNJ Johnson & Johnson | 0.35% | 5,840 | $845K | Reduce -0.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.35% | 19,112 | $840K | Reduce -1.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.34% | 1,201 | $832K | New |
| MARA Mara Holdings Inc. | 0.33% | 48,500 | $813K | New |
| BITX 2X Bitcoin ETF | 0.33% | 15,458 | $800K | Add +12.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.32% | 1,887 | $775K | Add +42.5% |
| BTE Baytex Energy Corp. | 0.32% | 297,780 | $768K | No change |
| COIN Coinbase Global Inc. Class A | 0.31% | 3,069 | $762K | Add +84.7% |
| SOXL Direx Dail Semi Bu 3X Et-Usd | 0.31% | 27,330 | $746K | Add +44.4% |
| TSCO Tractor Supply Company | 0.31% | 14,017 | $744K | Add +0.3% |
| BORR Borr Drilling Ltd. | 0.29% | 183,434 | $715K | Add +3.2% |
| PG The Procter & Gamble Co. | 0.29% | 4,198 | $704K | Reduce -0.7% |
| ALLY Ally Financial Inc. | 0.29% | 19,285 | $694K | Reduce -0.1% |
| MA Mastercard Inc. Class A | 0.28% | 1,297 | $683K | Add +8.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.28% | 100 | $681K | No change |
| FIX Comfort Systems USA Inc. | 0.28% | 1,600 | $678K | No change |
| GOOGL Alphabet Inc. Class A | 0.27% | 3,512 | $665K | Add +0.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.27% | 3,868 | $655K | Add +44.2% |
| EXE Expand Energy Corp. | 0.27% | 6,562 | $653K | Add +0.0% |
| FTNT Fortinet Inc. | 0.26% | 6,807 | $643K | Reduce -0.0% |
| RACE Ferrari NV | 0.26% | 1,510 | $642K | No change |
| XOM Exxon Mobil Corp. | 0.26% | 5,928 | $638K | Reduce -0.3% |
| BRZU Dir Dai Ms Braz Bul 2X ETF-U | 0.26% | 15,299 | $634K | New |
| EME Emcor Group Inc. | 0.26% | 1,385 | $629K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| TEVA Teva Pharmaceutical-SP ADR | Reduce -72.2% | 0.55% | −0.79 |
| TPL Texas Pacific Land Corp. | Reduce -57.9% | 0.67% | −0.38 |
| FBP First Bancorp Puerto Rico | Reduce -20.6% | 1.91% | −0.34 |
| UCO Proshares Ultra Bloomberg CR | Sold out | 0.00% | −0.30 |
| GPRK Geopark Ltd. | Sold out | 0.00% | −0.20 |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | Reduce -71.4% | 0.09% | −0.18 |
| BMA Banco Macro SA-ADR | Sold out | 0.00% | −0.15 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Reduce -34.6% | 0.21% | −0.12 |
| TMF Dir DLY 20+YR TR BL3X ETF-Ui | Sold out | 0.00% | −0.12 |
| GGAL Grupo Financiero Galicia-ADR | Sold out | 0.00% | −0.11 |
| UWMC Uwm Holdings Corp. | Sold out | 0.00% | −0.10 |
| ITB iShares U.S. Home Constructi | Sold out | 0.00% | −0.09 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.09 |
| PI Impinj Inc. | Sold out | 0.00% | −0.08 |
| TGT Target Corp. | Sold out | 0.00% | −0.08 |
| XLE SS Energy Select Sector | Reduce -21.3% | 0.77% | −0.05 |
| PHM Pultegroup Inc. | Reduce -0.1% | 0.48% | −0.04 |
| CLSK Cleanspark Inc. | Sold out | 0.00% | −0.04 |
| AMGN Amgen Inc. | Reduce -0.1% | 1.49% | −0.03 |
| MU Micron Technology Inc. | Reduce -0.5% | 1.30% | −0.02 |
| NIO Nio Inc. - ADR | Sold out | 0.00% | −0.02 |
| COTY Coty Inc. Class A | Reduce -0.2% | 0.09% | −0.01 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -5.1% | 0.19% | −0.01 |
| ADAPY Adaptimmune Therapeutics-ADR | Reduce -0.1% | 0.00% | −0.00 |
| URNM Sprott Uranium Miners ETF | Reduce -6.4% | 0.68% | −0.00 |
| PSX Phillips 66 | Reduce -0.1% | 0.09% | +0.00 |
| ERX Direxion Daily Enrgy BL2X-Ui | Reduce -8.9% | 0.12% | +0.01 |
| F Ford Motor Co. | Reduce -0.5% | 0.07% | +0.01 |
| BHC Bausch Health Cos Inc. | Reduce -2.4% | 0.06% | +0.01 |
| MCD McDonald's Corp. | Reduce -5.3% | 0.13% | +0.01 |
| OPK Opko Health Inc. | Reduce -4.6% | 0.10% | +0.01 |
| OIH Vaneck Oil Services ETF | Reduce -0.3% | 0.18% | +0.02 |
| JNJ Johnson & Johnson | Reduce -0.8% | 0.35% | +0.02 |
| XOM Exxon Mobil Corp. | Reduce -0.3% | 0.26% | +0.03 |
| TFC Truist Financial Corp. | Reduce -7.2% | 0.21% | +0.03 |
| C Citigroup Inc. | Reduce -0.2% | 0.12% | +0.03 |
| WFC Wells Fargo & Co. | Reduce -1.3% | 0.11% | +0.04 |
| PG The Procter & Gamble Co. | Reduce -0.7% | 0.29% | +0.04 |
| Z Zillow Group Inc. Class C | Reduce -0.4% | 0.15% | +0.04 |
| RH RH | Reduce -27.5% | 1.25% | +0.05 |
| BJ Bj's Wholesale Club Holdings | Reduce -6.8% | 0.26% | +0.05 |
| ALLY Ally Financial Inc. | Reduce -0.1% | 0.29% | +0.05 |
| MS Morgan Stanley | Reduce -0.1% | 0.21% | +0.07 |
| HD Home Depot Inc. | Reduce -0.9% | 0.53% | +0.07 |
| FAST Fastenal Co. | Reduce -1.1% | 0.43% | +0.08 |
| MO Altria Group Inc. | Reduce -0.9% | 0.40% | +0.08 |
| FTNT Fortinet Inc. | Reduce -0.0% | 0.26% | +0.09 |
| BAC Bank of America Corp. | Reduce -1.0% | 0.35% | +0.09 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.6% | 0.41% | +0.09 |
| VTLE Vital Energy Inc. | Reduce -6.2% | 0.42% | +0.10 |
Portfolio Buys Q3 2024 → Q4 2024
| IBIT iShares Bitcoin Trust ETF | Add +19.6% | 5.83% | +3.10 |
| TSLA Tesla Inc. | Add +510.3% | 1.87% | +1.71 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +10.3% | 3.69% | +1.00 |
| MSTR Strategy Inc. | Add +11.5% | 1.62% | +0.92 |
| BPOP Popular Inc. | Add +135.4% | 1.46% | +0.92 |
| MELI MercadoLibre Inc. | Add +64.0% | 1.95% | +0.77 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 2.14% | +0.59 |
| NFE New Fortress Energy Inc. | Add +0.3% | 1.15% | +0.58 |
| AMZN Amazon.com Inc. | Add +0.5% | 1.82% | +0.56 |
| FRO Frontline PLC | New | 0.52% | +0.52 |
| SMLR Semler Scientific Inc. | New | 0.51% | +0.51 |
| IREN Iren Ltd. | Add +87.8% | 0.68% | +0.43 |
| XPO Xpo Inc. | Add +0.9% | 1.22% | +0.40 |
| APP AppLovin Corp. Class A | Add +2.5% | 0.53% | +0.36 |
| CPRT Copart Inc. | Add +0.7% | 1.41% | +0.36 |
| SMCI Super Micro Computer Inc. | New | 0.35% | +0.35 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.34% | +0.34 |
| MARA Mara Holdings Inc. | New | 0.33% | +0.33 |
| OFG Ofg Bancorp | Add +0.2% | 2.49% | +0.32 |
| HIMS Hims & Hers Health Inc. | Add +2.9% | 0.77% | +0.30 |
| EXPE Expedia Group Inc. | Add +1.5% | 0.82% | +0.29 |
| CMG Chipotle Mexican Grill Inc. | Add +0.9% | 1.24% | +0.28 |
| BRZU Dir Dai Ms Braz Bul 2X ETF-U | New | 0.26% | +0.26 |
| PBR Petroleo Brasileiro-Spon ADR | New | 0.26% | +0.26 |
| BKNG Booking Holdings Inc. | Add +0.8% | 0.79% | +0.24 |
| SKX Skechers USA Inc. Class A | Add +0.5% | 1.18% | +0.22 |
| COIN Coinbase Global Inc. Class A | Add +84.7% | 0.31% | +0.21 |
| DPST Dirx DLY RGNL BNK B3X ETF-Ui | New | 0.21% | +0.21 |
| BITX 2X Bitcoin ETF | Add +12.1% | 0.33% | +0.20 |
| SU Suncor Energy Inc. | Add +0.3% | 1.21% | +0.18 |
| VAL Valaris Ltd. | Add +69.6% | 0.47% | +0.18 |
| ZTAX X-Square Municipal Inc. ETF | Add +0.9% | 0.89% | +0.18 |
| MSFT Microsoft Corp. | Add +0.8% | 1.07% | +0.18 |
| EC Ecopetrol SA-Sponsored ADR | New | 0.17% | +0.17 |
| CROX Crocs Inc. | New | 0.17% | +0.17 |
| WEBL Dirxn DLY DJNS Int BL3 E-Usi | New | 0.17% | +0.17 |
| ORLY O'reilly Automotive Inc. | Add +1.4% | 0.76% | +0.16 |
| GNRC Generac Holdings Inc. | Add +0.9% | 0.92% | +0.15 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +42.5% | 0.32% | +0.15 |
| UBT Proshares Ultra 20+ Year TSY | New | 0.15% | +0.15 |
| DPZ Domino's Pizza Inc. | Add +1.2% | 0.78% | +0.13 |
| LLY Eli Lilly & Co. | New | 0.13% | +0.13 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +44.2% | 0.27% | +0.11 |
| GFS Globalfoundries Inc. | Add +2.0% | 0.44% | +0.11 |
| ABBV Abbvie Inc. | Add +1.0% | 1.08% | +0.10 |
| OXY Occidental Petroleum Corp. | Add +0.2% | 0.70% | +0.10 |
| RIOT Riot Platforms Inc. | Add +32.2% | 0.17% | +0.09 |
| TQQQ Proshares Ultrapro QQQ | Add +57.1% | 0.18% | +0.09 |
| TDG Transdigm Group Inc. | Add +1.0% | 1.08% | +0.09 |
| URI United Rentals Inc. | Add +0.6% | 1.45% | +0.09 |
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 |