# Tamar Securities, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1703081. Source: https://holderbook.com/funds/1703081-tamar-securities-llc/

- Reported value: $1.1B
- Positions: 90
- Weight of the ten largest: 41.4%
- Filed: 2026-08-05

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 |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $59.4M | 167,990 | 5.5% | 19 |
| INTERNATIONAL BANCSHARES COR | [IBOC](https://holderbook.com/stocks/IBOC/) | $54.8M | 721,211 | 5.1% | 25 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $49.9M | 209,225 | 4.7% | 25 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $48.0M | 166,009 | 4.5% | 25 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $47.1M | 23,677 | 4.4% | 22 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $42.2M | 210,280 | 3.9% | 14 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $41.3M | 110,047 | 3.9% | 25 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $37.6M | 22,155 | 3.5% | 14 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $32.3M | 57,319 | 3.0% | 19 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $31.1M | 494,864 | 2.9% | 21 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $27.6M | 80,432 | 2.6% | 12 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $27.5M | 148,926 | 2.6% | 25 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $26.2M | 191,536 | 2.4% | 21 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $25.5M | 60,640 | 2.4% | 24 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $24.6M | 155,324 | 2.3% | 25 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $24.6M | 67,995 | 2.3% | 10 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $24.1M | 53,965 | 2.2% | 25 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $24.0M | 126,640 | 2.2% | 22 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $23.9M | 33,244 | 2.2% | 6 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $23.8M | 51,338 | 2.2% | 2 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $23.2M | 67,476 | 2.2% | 25 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $23.1M | 37,102 | 2.2% | 25 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $22.2M | 59,216 | 2.1% | 24 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $22.2M | 231,336 | 2.1% | 10 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $22.0M | 18,261 | 2.1% | 1 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $22.0M | 235,729 | 2.1% | 4 |
| VISTRA CORP | [VST](https://holderbook.com/stocks/VST/) | $21.5M | 135,536 | 2.0% | 6 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $17.1M | 89,859 | 1.6% | 25 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $16.6M | 32,579 | 1.6% | 25 |
| FIRST TR EXCHANGE-TRADED FD | [FDN](https://holderbook.com/stocks/FDN/) | $15.7M | 59,144 | 1.5% | 22 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $15.4M | 83,367 | 1.4% | 25 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $15.3M | 285,171 | 1.4% | 25 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $13.5M | 226,885 | 1.3% | 15 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $13.0M | 19,837 | 1.2% | 15 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $11.6M | 162,456 | 1.1% | 15 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $11.5M | 72,971 | 1.1% | 15 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $11.2M | 30,125 | 1.1% | 25 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $11.1M | 209,693 | 1.0% | 22 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $9.8M | 83,234 | 0.9% | 25 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $9.5M | 153,384 | 0.9% | 15 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $9.4M | 185,782 | 0.9% | 25 |
| KRANESHARES TRUST | [KWEB](https://holderbook.com/stocks/KWEB/) | $7.6M | 308,786 | 0.7% | 13 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.4M | 9,391 | 0.3% | 19 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.5M | 3,670 | 0.2% | 10 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.8M | 4,406 | 0.2% | 8 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.6M | 2,790 | 0.2% | 11 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.2M | 2,580 | 0.1% | 5 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $1.2M | 10,025 | 0.1% | 8 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.2M | 8,298 | 0.1% | 25 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.1M | 1,470 | 0.1% | 15 |
| BANK OF AMER CORP | [BACPRL](https://holderbook.com/stocks/BACPRL/) | $1.1M | 856 | 0.1% | 14 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $974.1K | 5,701 | 0.1% | 1 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $823.2K | 2,762 | 0.1% | 25 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $767.6K | 665 | 0.1% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $712.6K | 2,177 | 0.1% | 25 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $660.1K | 706 | 0.1% | 25 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $601.2K | 4,295 | 0.1% | 9 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $587.8K | 17,657 | 0.1% | 9 |
| TOAST INC | [TOST](https://holderbook.com/stocks/TOST/) | $566.4K | 20,360 | 0.1% | 2 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $553.1K | 1,495 | 0.1% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $539.5K | 1,078 | 0.1% | 23 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $523.3K | 9,082 | 0.0% | 25 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $510.0K | 4,503 | 0.0% | 10 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $488.4K | 1,307 | 0.0% | 4 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $455.1K | 387 | 0.0% | 2 |
| BITMINE IMMERSION TECHS INC | [BMNR](https://holderbook.com/stocks/BMNR/) | $445.6K | 33,479 | 0.0% | 4 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $417.3K | 1,079 | 0.0% | 25 |
| DIREXION SHARES ETF TRUST | [SOXL](https://holderbook.com/stocks/SOXL/) | $413.6K | 1,551 | 0.0% | 1 |
| ISHARES ETHEREUM TR | [ETHA](https://holderbook.com/stocks/ETHA/) | $413.5K | 34,775 | 0.0% | 6 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $381.1K | 2,966 | 0.0% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $380.9K | 510 | 0.0% | 5 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $373.5K | 727 | 0.0% | 18 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $363.7K | 3,102 | 0.0% | 23 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $330.7K | 6,184 | 0.0% | 4 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $303.0K | 3,268 | 0.0% | 4 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $259.3K | 346 | 0.0% | 1 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $259.0K | 2,583 | 0.0% | 1 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $253.0K | 3,507 | 0.0% | 6 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $248.6K | 4,363 | 0.0% | 1 |
| BLACKROCK MUN TARGET TERM TR | [BTT](https://holderbook.com/stocks/BTT/) | $244.6K | 10,750 | 0.0% | 25 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $239.5K | 3,355 | 0.0% | 1 |
| TURN THERAPEUTICS INC | [TTRX](https://holderbook.com/stocks/TTRX/) | $219.0K | 30,000 | 0.0% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $215.9K | 1,472 | 0.0% | 6 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $213.3K | 1,816 | 0.0% | 1 |
| SOFI TECHNOLOGIES INC | [SOFI](https://holderbook.com/stocks/SOFI/) | $191.8K | 10,698 | 0.0% | 1 |
| NUVEEN CALIF AMT FREE MUNI I | [NKX](https://holderbook.com/stocks/NKX/) | $137.8K | 11,000 | 0.0% | 1 |
| RUM GROUP INC | [RUM](https://holderbook.com/stocks/RUM/) | $72.9K | 11,501 | 0.0% | 1 |
| OPENDOOR TECHNOLOGIES INC | [OPEN](https://holderbook.com/stocks/OPEN/) | $61.5K | 13,307 | 0.0% | 4 |
| CARDIFF ONCOLOGY INC | [CRDF](https://holderbook.com/stocks/CRDF/) | $30.9K | 23,795 | 0.0% | 3 |
| AMERICAN BITCOIN CORP. | [ABTC](https://holderbook.com/stocks/ABTC/) | $9.8K | 14,399 | 0.0% | 3 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | +9.2% | +14.8% | -5.7% | 100% |
| Q1 2026 | -3.6% | -4.6% | +1.0% | 100% |
| Q4 2025 | +2.9% | +2.4% | +0.6% | 100% |
| Q3 2025 | +8.5% | +7.8% | +0.6% | 100% |
| Q2 2025 | +9.5% | +10.5% | -0.9% | 100% |
| Q1 2025 | -3.7% | -4.6% | +0.9% | 100% |
| Q4 2024 | -0.6% | +2.1% | -2.8% | 100% |
| Q3 2024 | +4.5% | +5.4% | -0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.1B | 90 |
| Q1 2026 | $934.2M | 80 |
| Q4 2025 | $947.4M | 83 |
| Q3 2025 | $880.0M | 80 |
| Q2 2025 | $824.9M | 73 |
| Q1 2025 | $738.1M | 72 |
| Q4 2024 | $725.1M | 69 |
| Q3 2024 | $711.9M | 70 |
| Q2 2024 | $616.9M | 68 |
| Q1 2024 | $592.8M | 68 |
| Q4 2023 | $509.6M | 61 |
| Q3 2023 | $414.9M | 63 |