# BlueMar Capital Management, LLC

> Institutional holdings reported to the SEC as of Q3 2024 on Form 13F. CIK 1582635. Source: https://holderbook.com/funds/1582635-bluemar-capital-management-llc/

- Reported value: $49.9M
- Positions: 23
- Weight of the ten largest: 72.7%
- Filed: 2024-11-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| RENAISSANCERE HLDGS LTD | [RNR](https://holderbook.com/stocks/RNR/) | $7.3M | 26,664 | 14.5% | 19 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $5.7M | 20,550 | 11.3% | 24 |
| WYNDHAM HOTELS & RESORTS INC | [WH](https://holderbook.com/stocks/WH/) | $4.7M | 60,204 | 9.4% | 24 |
| VOYA FINANCIAL INC | [VOYA](https://holderbook.com/stocks/VOYA/) | $3.1M | 39,523 | 6.3% | 18 |
| EQUITABLE HLDGS INC | [EQH](https://holderbook.com/stocks/EQH/) | $3.1M | 72,939 | 6.1% | 18 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $3.0M | 5,738 | 5.9% | 11 |
| DISCOVER FINL SVCS | [DFS](https://holderbook.com/stocks/DFS/) | $2.9M | 20,750 | 5.8% | 4 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $2.6M | 31,199 | 5.2% | 23 |
| NASDAQ INC | [NDAQ](https://holderbook.com/stocks/NDAQ/) | $2.1M | 28,271 | 4.1% | 3 |
| CAESARS ENTERTAINMENT INC NE | [CZR](https://holderbook.com/stocks/CZR/) | $1.9M | 46,159 | 3.9% | 17 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $1.5M | 15,000 | 3.1% | 1 |
| LPL FINL HLDGS INC | [LPLA](https://holderbook.com/stocks/LPLA/) | $1.5M | 6,580 | 3.1% | 7 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $1.5M | 21,191 | 3.0% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.4M | 7,650 | 2.9% | 1 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $1.2M | 18,773 | 2.4% | 9 |
| LINEAGE INC | [LINE](https://holderbook.com/stocks/LINE/) | $1.2M | 15,000 | 2.4% | 1 |
| AVIDXCHANGE HOLDINGS INC | [AVDX](https://holderbook.com/stocks/AVDX/) | $1.2M | 144,480 | 2.3% | 12 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $1.1M | 14,053 | 2.3% | 7 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $915.4K | 12,500 | 1.8% | 7 |
| BLOCK INC | [XYZ](https://holderbook.com/stocks/XYZ/) | $654.5K | 9,750 | 1.3% | 1 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $619.9K | 7,007 | 1.2% | 12 |
| FLYWIRE CORPORATION | [FLYW](https://holderbook.com/stocks/FLYW/) | $436.9K | 26,654 | 0.9% | 7 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $321.3K | 2,000 | 0.6% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2024 | +8.6% | +5.4% | +3.1% | 100% |
| Q2 2024 | -2.5% | +4.0% | -6.5% | 100% |
| Q1 2024 | +7.3% | +10.0% | -2.8% | 100% |
| Q4 2023 | +11.3% | +11.2% | +0.1% | 100% |
| Q3 2023 | -0.5% | -3.6% | +3.1% | 100% |
| Q2 2023 | +4.1% | +8.3% | -4.1% | 100% |
| Q1 2023 | -2.8% | +7.0% | -9.9% | 100% |
| Q4 2022 | +6.2% | +7.1% | -0.9% | 93% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2024 | $49.9M | 23 |
| Q2 2024 | $48.0M | 21 |
| Q1 2024 | $59.5M | 21 |
| Q4 2023 | $66.3M | 21 |
| Q3 2023 | $95.4M | 21 |
| Q2 2023 | $104.3M | 22 |
| Q1 2023 | $107.3M | 23 |
| Q4 2022 | $117.6M | 18 |
| Q3 2022 | $136.0M | 33 |
| Q2 2022 | $149.0M | 33 |
| Q1 2022 | $236.1M | 38 |
| Q4 2021 | $360.1M | 50 |