X-Square Capital, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), X-Square Capital, LLC reported 161 stock positions worth $305.2 million. Its top holding was Hims & Hers Health (HIMS) at 5.0% of the portfolio, followed by Ast Spacemobile (ASTS, 4.1%) and SS SPDR S&P 500 ETF Trust-US (SPY, 3.9%). Compared with Q3 2025, it opened 14 new positions, sold out of 15, added to 65 and reduced 66. The biggest buy was a new position in Iren (IREN) and the biggest sale Lemonade (LMND, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- GUAYNABO, PR
- CIK
- 0001729300
- Portfolio Value
- $305.2M (Q4 2025)
- SEC Filing
- 0001729300-26-000001 ↗ filed Feb 11, 2026
Holdings Value
Holdings 161 stocks · $305.2M
| HIMS Hims & Hers Health Inc. | 4.99% | 468,999 | $15.2M | Add +9.7% |
| ASTS Ast Spacemobile Inc. | 4.05% | 170,350 | $12.4M | Reduce -25.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.90% | 17,442 | $11.9M | Add +4.3% |
| AMD Advanced Micro Devices | 3.16% | 45,008 | $9.6M | Reduce -27.7% |
| IREN Iren Ltd. filed as IREN LIMITED | 2.97% | 240,000 | $9.1M | New |
| MELI MercadoLibre Inc. | 2.53% | 3,830 | $7.7M | Add +103.2% |
| MU Micron Technology Inc. | 2.41% | 25,747 | $7.3M | Reduce -33.3% |
| META Meta Platforms Inc. Class A | 2.32% | 10,706 | $7.1M | Add +1.4% |
| JPM JPMorgan Chase & Co. | 2.30% | 21,819 | $7.0M | Reduce -2.1% |
| ROOT Root Inc./Oh Class A | 1.82% | 77,096 | $5.6M | New |
| NVDA Nvidia Corp. | 1.69% | 27,722 | $5.2M | Add +9.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.67% | 10,125 | $5.1M | Reduce -4.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.63% | 32,285 | $5.0M | Reduce -2.9% |
| AMZN Amazon.com Inc. | 1.59% | 21,034 | $4.9M | Reduce -1.1% |
| AMGN Amgen Inc. | 1.54% | 14,395 | $4.7M | Reduce -1.7% |
| IBIT iShares Bitcoin Trust ETF | 1.51% | 92,645 | $4.6M | Reduce -31.2% |
| MSTR Strategy Inc. | 1.40% | 28,155 | $4.3M | Add +54.0% |
| DUOL Duolingo | 1.36% | 23,686 | $4.2M | Add +206.6% |
| URI United Rentals Inc. | 1.34% | 5,051 | $4.1M | Reduce -2.9% |
| WMT Walmart Inc. | 1.32% | 36,088 | $4.0M | Add +1.1% |
| GD General Dynamics Corp. | 1.24% | 11,226 | $3.8M | Reduce -2.7% |
| GOOG Alphabet Inc. Class C | 1.21% | 11,792 | $3.7M | Add +0.9% |
| SU Suncor Energy Inc. | 1.21% | 82,940 | $3.7M | Reduce -3.0% |
| CPRT Copart Inc. | 1.17% | 90,853 | $3.6M | Reduce -1.3% |
| ABBV Abbvie Inc. | 1.15% | 15,408 | $3.5M | Reduce -3.3% |
| AAPL Apple Inc. | 1.10% | 12,319 | $3.3M | Add +4.5% |
| EXPE Expedia Group Inc. | 1.07% | 11,536 | $3.3M | Reduce -1.6% |
| XPO Xpo Inc. | 1.03% | 23,083 | $3.1M | Reduce -4.1% |
| TSLA Tesla Inc. | 1.01% | 6,835 | $3.1M | Reduce -3.6% |
| MSFT Microsoft Corp. | 0.97% | 6,138 | $3.0M | Reduce -1.1% |
| ONDS Ondas Inc. filed as ONDAS HLDGS INC | 0.96% | 300,000 | $2.9M | Add +100.0% |
| PM Philip Morris International | 0.95% | 18,055 | $2.9M | Reduce -2.3% |
| TDG Transdigm Group Inc. | 0.94% | 2,159 | $2.9M | Reduce -3.9% |
| NAIL Dire Dail HB & SB 3X ETF-Usd | 0.85% | 52,500 | $2.6M | New |
| ORCL Oracle Corp. | 0.84% | 13,215 | $2.6M | Add +193.0% |
| PYPL PayPal Holdings Inc. | 0.78% | 40,680 | $2.4M | Reduce -4.1% |
| BKNG Booking Holdings Inc. | 0.76% | 435 | $2.3M | No change |
| LULU Lululemon Athletica Inc. | 0.74% | 10,851 | $2.3M | Reduce -4.8% |
| COST Costco Wholesale Corp. | 0.74% | 2,614 | $2.3M | Add +1.9% |
| DG Dollar General Corp. | 0.70% | 16,151 | $2.1M | Reduce -4.2% |
| RACE Ferrari NV | 0.70% | 5,788 | $2.1M | New |
| ZTAX X-Square Municipal Inc. ETF | 0.68% | 80,835 | $2.1M | Add +0.1% |
| VALE Vale SA-SP ADR | 0.68% | 158,535 | $2.1M | Reduce -1.3% |
| GNRC Generac Holdings Inc. | 0.67% | 14,895 | $2.0M | Reduce -4.1% |
| ORLY O'reilly Automotive Inc. | 0.66% | 21,969 | $2.0M | Reduce -7.3% |
| DPZ Domino's Pizza Inc. | 0.65% | 4,789 | $2.0M | Reduce -4.0% |
| OFG Ofg Bancorp | 0.64% | 47,952 | $2.0M | Reduce -70.4% |
| FBP First Bancorp Puerto Rico | 0.64% | 94,096 | $2.0M | Reduce -64.8% |
| CROX Crocs Inc. | 0.63% | 22,594 | $1.9M | Reduce -1.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.62% | 3,104 | $1.9M | Add +1.4% |
| NOC Northrop Grumman Corp. | 0.62% | 3,341 | $1.9M | Reduce -5.9% |
| RTX RTX Corp. | 0.61% | 10,102 | $1.9M | Add +2.5% |
| TEVA Teva Pharmaceutical-SP ADR | 0.59% | 57,781 | $1.8M | Reduce -0.0% |
| APP AppLovin Corp. Class A | 0.58% | 2,638 | $1.8M | Add +15.2% |
| PEP Pepsico Inc. | 0.57% | 12,150 | $1.7M | Reduce -4.1% |
| CMG Chipotle Mexican Grill Inc. | 0.56% | 46,191 | $1.7M | Reduce -7.6% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.56% | 18,960 | $1.7M | Reduce -3.3% |
| LUNR Intuitive Machines Inc. | 0.54% | 101,000 | $1.6M | New |
| LEN Lennar Corp. Class A | 0.54% | 15,894 | $1.6M | Reduce -8.5% |
| MO Altria Group Inc. | 0.53% | 28,008 | $1.6M | Add +2.0% |
| V Visa Inc. Class A | 0.52% | 4,548 | $1.6M | New |
| SHOP Shopify Inc. Class A | 0.52% | 9,904 | $1.6M | Add +1.6% |
| CIFR Cipher Digital Inc. | 0.49% | 101,500 | $1.5M | Add +326.5% |
| OXY Occidental Petroleum Corp. | 0.47% | 34,638 | $1.4M | Add +0.1% |
| RH RH | 0.46% | 7,756 | $1.4M | Reduce -15.6% |
| QXO Qxo Inc. | 0.45% | 71,796 | $1.4M | Reduce -4.2% |
| JNJ Johnson & Johnson | 0.45% | 6,672 | $1.4M | Add +2.0% |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.44% | 14,215 | $1.3M | New |
| TPL Texas Pacific Land Corp. | 0.43% | 4,602 | $1.3M | Add +2.8% |
| FIX Comfort Systems USA Inc. | 0.43% | 1,411 | $1.3M | Reduce -11.8% |
| FAST Fastenal Co. | 0.43% | 32,704 | $1.3M | Add +1.9% |
| OIH Vaneck Oil Services ETF | 0.43% | 4,588 | $1.3M | Add +235.9% |
| GRMN Garmin Ltd. | 0.42% | 6,250 | $1.3M | Add +2.1% |
| HD Home Depot Inc. | 0.41% | 3,657 | $1.3M | Add +2.5% |
| PHM Pultegroup Inc. | 0.41% | 10,637 | $1.2M | Reduce -0.0% |
| VLO Valero Energy Corp. | 0.41% | 7,629 | $1.2M | Add +3.7% |
| LMND Lemonade Inc. | 0.40% | 17,333 | $1.2M | Reduce -91.9% |
| ASML ASML Holding NV-NY Reg SHS | 0.40% | 1,143 | $1.2M | Reduce -6.5% |
| BORR Borr Drilling Ltd. | 0.40% | 302,085 | $1.2M | Reduce -3.4% |
| LMT Lockheed Martin Corp. | 0.38% | 2,388 | $1.2M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 0.38% | 3,681 | $1.2M | Add +0.1% |
| CB Chubb Ltd. | 0.36% | 3,554 | $1.1M | Reduce -3.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.34% | 19,095 | $1.1M | Add +0.4% |
| BMA Banco Macro SA-ADR | 0.34% | 11,556 | $1.0M | Reduce -83.8% |
| ALLY Ally Financial Inc. | 0.33% | 22,569 | $1.0M | Add +2.7% |
| BITX 2X Bitcoin ETF | 0.33% | 36,722 | $1.0M | Add +1.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.33% | 2,068 | $1.0M | Add +1.0% |
| KO The Coca-Cola Co. | 0.32% | 13,997 | $978K | Reduce -56.1% |
| CEG Constellation Energy | 0.32% | 2,727 | $963K | Reduce -12.0% |
| BTE Baytex Energy Corp. | 0.31% | 295,732 | $955K | No change |
| BAH Booz Allen Hamilton Holdings | 0.30% | 10,921 | $921K | Reduce -5.7% |
| MA Mastercard Inc. Class A | 0.29% | 1,577 | $900K | Add +3.1% |
| XLE SS Energy Select Sector | 0.29% | 19,702 | $881K | Add +3.9% |
| UNH Unitedhealth Group Inc. | 0.29% | 2,646 | $873K | Reduce -11.8% |
| EXE Expand Energy Corp. | 0.28% | 7,763 | $857K | Add +2.7% |
| SMCI Super Micro Computer Inc. | 0.27% | 28,282 | $828K | Add +0.1% |
| TSCO Tractor Supply Company | 0.27% | 16,532 | $827K | Add +3.0% |
| FCX Freeport-McMoran Inc. | 0.26% | 15,620 | $793K | Add +11.2% |
| XOM Exxon Mobil Corp. | 0.26% | 6,473 | $779K | Add +9.0% |
| BPOP Popular Inc. | 0.25% | 6,185 | $770K | Add +8.2% |
Portfolio Sells Q3 2025 → Q4 2025
| LMND Lemonade Inc. | Reduce -91.9% | 0.40% | −3.16 |
| OFG Ofg Bancorp | Reduce -70.4% | 0.64% | −1.56 |
| IBIT iShares Bitcoin Trust ETF | Reduce -31.2% | 1.51% | −1.23 |
| FBP First Bancorp Puerto Rico | Reduce -64.8% | 0.64% | −1.20 |
| CLSK Cleanspark Inc. | Sold out | 0.00% | −0.91 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.69 |
| TECL Dire Dai Tec Bull 3X ETF-Usd | Sold out | 0.00% | −0.64 |
| BMA Banco Macro SA-ADR | Reduce -83.8% | 0.34% | −0.60 |
| RR Richtech Robotics Inc. Class B | Sold out | 0.00% | −0.54 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Sold out | 0.00% | −0.36 |
| KO The Coca-Cola Co. | Reduce -56.1% | 0.32% | −0.34 |
| ZETA Zeta Global Holdings Corp. Class A | Sold out | 0.00% | −0.31 |
| ZIM Zim Integrated Shipping Serv | Sold out | 0.00% | −0.23 |
| PPLT Abrdn Physical Platinum SHRS | Sold out | 0.00% | −0.22 |
| URI United Rentals Inc. | Reduce -2.9% | 1.34% | −0.21 |
| NFE New Fortress Energy Inc. | Reduce -76.2% | 0.03% | −0.19 |
| LEN Lennar Corp. Class A | Reduce -8.5% | 0.54% | −0.15 |
| GNRC Generac Holdings Inc. | Reduce -4.1% | 0.67% | −0.15 |
| ORLY O'reilly Automotive Inc. | Reduce -7.3% | 0.66% | −0.14 |
| CPRT Copart Inc. | Reduce -1.3% | 1.17% | −0.13 |
| RH RH | Reduce -15.6% | 0.46% | −0.13 |
| PYPL PayPal Holdings Inc. | Reduce -4.1% | 0.78% | −0.11 |
| PROSHARES ULTRA BLOOMBERG NA | Sold out | 0.00% | −0.10 |
| SIVR Abrdn Physical Silver Shares | Sold out | 0.00% | −0.09 |
| TMF Dir DLY 20+YR TR BL3X ETF-Ui | Sold out | 0.00% | −0.09 |
| GFS Globalfoundries Inc. | Sold out | 0.00% | −0.07 |
| PRI Primerica Inc. | Sold out | 0.00% | −0.06 |
| BAH Booz Allen Hamilton Holdings | Reduce -5.7% | 0.30% | −0.06 |
| KMB Kimberly-Clark Corp. | Reduce -17.0% | 0.14% | −0.06 |
| CMG Chipotle Mexican Grill Inc. | Reduce -7.6% | 0.56% | −0.05 |
| NOC Northrop Grumman Corp. | Reduce -5.9% | 0.62% | −0.05 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -46.6% | 0.04% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -11.8% | 0.29% | −0.04 |
| EME Emcor Group Inc. | Reduce -11.8% | 0.24% | −0.04 |
| MSFT Microsoft Corp. | Reduce -1.1% | 0.97% | −0.03 |
| PHM Pultegroup Inc. | Reduce -0.0% | 0.41% | −0.03 |
| BABA Alibaba Group Holding-SP ADR | Reduce -8.3% | 0.11% | −0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -16.4% | 0.24% | −0.03 |
| DPZ Domino's Pizza Inc. | Reduce -4.0% | 0.65% | −0.02 |
| OBE Obsidian Energy Ltd. | Reduce -41.1% | 0.02% | −0.02 |
| BJ Bj's Wholesale Club Holdings | Reduce -3.3% | 0.56% | −0.01 |
| JRNGF Journey Energy Inc. | Sold out | 0.00% | −0.01 |
| COTY Coty Inc. Class A | Reduce -10.6% | 0.03% | −0.01 |
| OPK Opko Health Inc. | Sold out | 0.00% | −0.01 |
| Z Zillow Group Inc. Class C | Reduce -1.1% | 0.10% | −0.01 |
| CEG Constellation Energy | Reduce -12.0% | 0.32% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.7% | 1.67% | −0.00 |
| ADAPY Adaptimmune Therapeutics-ADR | Reduce -1.9% | 0.00% | −0.00 |
| ABBV Abbvie Inc. | Reduce -3.3% | 1.15% | +0.00 |
| BHC Bausch Health Cos Inc. | Reduce -4.1% | 0.04% | +0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| IREN Iren Ltd. | New | 2.97% | +2.97 |
| ROOT Root Inc./Oh Class A | New | 1.82% | +1.82 |
| MELI MercadoLibre Inc. | Add +103.2% | 2.53% | +1.15 |
| NAIL Dire Dail HB & SB 3X ETF-Usd | New | 0.85% | +0.85 |
| RACE Ferrari NV | New | 0.70% | +0.70 |
| ONDS Ondas Inc. | Add +100.0% | 0.96% | +0.60 |
| DUOL Duolingo | Add +206.6% | 1.36% | +0.59 |
| LUNR Intuitive Machines Inc. | New | 0.54% | +0.54 |
| V Visa Inc. Class A | New | 0.52% | +0.52 |
| ORCL Oracle Corp. | Add +193.0% | 0.84% | +0.45 |
| KOF Coca-Cola Femsa Sab-SP ADR | New | 0.44% | +0.44 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.3% | 3.90% | +0.42 |
| CIFR Cipher Digital Inc. | Add +326.5% | 0.49% | +0.40 |
| GOOG Alphabet Inc. Class C | Add +0.9% | 1.21% | +0.32 |
| OIH Vaneck Oil Services ETF | Add +235.9% | 0.43% | +0.32 |
| VAL Valaris Ltd. | New | 0.24% | +0.24 |
| NVDA Nvidia Corp. | Add +9.6% | 1.69% | +0.22 |
| NKE Nike Inc. Class B | New | 0.17% | +0.17 |
| WMT Walmart Inc. | Add +1.1% | 1.32% | +0.17 |
| AAPL Apple Inc. | Add +4.5% | 1.10% | +0.16 |
| BZAI Blaize Holdings Inc. | New | 0.13% | +0.13 |
| MBLY Mobileye Global Inc. Class A | New | 0.12% | +0.12 |
| BAK Braskem SA Class A- ADR | Add +117.7% | 0.18% | +0.11 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 0.38% | +0.10 |
| RTX RTX Corp. | Add +2.5% | 0.61% | +0.09 |
| FCX Freeport-McMoran Inc. | Add +11.2% | 0.26% | +0.09 |
| PLTR Palantir Technologies Inc. Class A | Add +60.7% | 0.19% | +0.07 |
| JNJ Johnson & Johnson | Add +2.0% | 0.45% | +0.07 |
| GM General Motors Co. | New | 0.07% | +0.07 |
| SHOP Shopify Inc. Class A | Add +1.6% | 0.52% | +0.07 |
| TMFC Motley Fool 100 Index ETF | New | 0.07% | +0.07 |
| APP AppLovin Corp. Class A | Add +15.2% | 0.58% | +0.07 |
| ALLY Ally Financial Inc. | Add +2.7% | 0.33% | +0.07 |
| ZTAX X-Square Municipal Inc. ETF | Add +0.1% | 0.68% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.4% | 0.62% | +0.05 |
| RIO Rio Tinto PLC-Spon ADR | Add +4.9% | 0.20% | +0.05 |
| XOM Exxon Mobil Corp. | Add +9.0% | 0.26% | +0.05 |
| LLY Eli Lilly & Co. | Add +1.9% | 0.11% | +0.04 |
| BAC Bank of America Corp. | Add +0.4% | 0.34% | +0.04 |
| TFC Truist Financial Corp. | Add +2.1% | 0.24% | +0.03 |
| AKAM Akamai Technologies Inc. | Add +6.3% | 0.14% | +0.03 |
| EXE Expand Energy Corp. | Add +2.7% | 0.28% | +0.03 |
| SOXX iShares Semiconductor ETF | Add +2.9% | 0.18% | +0.03 |
| BPOP Popular Inc. | Add +8.2% | 0.25% | +0.03 |
| XLE SS Energy Select Sector | Add +3.9% | 0.29% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +1.0% | 0.33% | +0.02 |
| MA Mastercard Inc. Class A | Add +3.1% | 0.29% | +0.02 |
| BTI British American Tob-SP ADR | Add +0.1% | 0.18% | +0.02 |
| MKTX Marketaxess Holdings Inc. | Add +8.2% | 0.12% | +0.02 |
| WFC Wells Fargo & Co. | Add +0.1% | 0.11% | +0.02 |
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 |