# DGS Capital Management, LLC

> Institutional holdings reported to the SEC as of Q1 2026 on Form 13F. CIK 1900110. Source: https://holderbook.com/funds/1900110-dgs-capital-management-llc/

- Reported value: $609.4M
- Positions: 619
- Weight of the ten largest: 27.6%
- Filed: 2026-04-28

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 |
|---|---|---|---|---|---|
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $35.2M | 330,165 | 5.8% | 18 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $35.0M | 200,306 | 5.7% | 18 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $19.3M | 76,189 | 3.2% | 18 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $18.5M | 105,762 | 3.0% | 18 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $11.6M | 31,339 | 1.9% | 18 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $10.7M | 37,445 | 1.8% | 18 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $10.7M | 72,909 | 1.8% | 18 |
| CELESTICA INC | [CLS](https://holderbook.com/stocks/CLS/) | $9.5M | 33,599 | 1.6% | 8 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $9.3M | 27,531 | 1.5% | 18 |
| SPDR SERIES TRUST | [SPTS](https://holderbook.com/stocks/SPTS/) | $8.3M | 285,655 | 1.4% | 18 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $7.8M | 13,649 | 1.3% | 18 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $7.8M | 27,128 | 1.3% | 18 |
| ISHARES TR | [GLOF](https://holderbook.com/stocks/GLOF/) | $7.8M | 149,243 | 1.3% | 18 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $7.7M | 37,146 | 1.3% | 18 |
| ISHARES U S ETF TR | [MEAR](https://holderbook.com/stocks/MEAR/) | $6.6M | 130,726 | 1.1% | 8 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $5.6M | 9,298 | 0.9% | 18 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $5.4M | 17,374 | 0.9% | 10 |
| SK TELECOM CO LTD | [SKM](https://holderbook.com/stocks/SKM/) | $5.4M | 183,249 | 0.9% | 15 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $5.3M | 67,822 | 0.9% | 18 |
| KT CORP | [KT](https://holderbook.com/stocks/KT/) | $4.2M | 193,757 | 0.7% | 18 |
| FEDERATED HERMES INC | [FHI](https://holderbook.com/stocks/FHI/) | $4.1M | 72,314 | 0.7% | 13 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $3.9M | 18,283 | 0.6% | 8 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $3.8M | 30,318 | 0.6% | 18 |
| BANCO BILBAO VIZCAYA ARGENTA | [BBVA](https://holderbook.com/stocks/BBVA/) | $3.5M | 162,597 | 0.6% | 18 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $3.5M | 116,199 | 0.6% | 18 |
| DANAOS CORPORATION | [DAC](https://holderbook.com/stocks/DAC/) | $3.4M | 30,394 | 0.6% | 12 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $3.4M | 9,837 | 0.6% | 18 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $3.3M | 13,631 | 0.5% | 18 |
| PROG HOLDINGS INC | [PRG](https://holderbook.com/stocks/PRG/) | $3.2M | 113,097 | 0.5% | 18 |
| IDEXX LABS INC | [IDXX](https://holderbook.com/stocks/IDXX/) | $3.2M | 3,750 | 0.5% | 18 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $3.2M | 21,135 | 0.5% | 18 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $3.2M | 50,017 | 0.5% | 18 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $3.2M | 3,475 | 0.5% | 18 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $3.1M | 8,311 | 0.5% | 18 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $2.9M | 39,268 | 0.5% | 18 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $2.8M | 50,519 | 0.5% | 13 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $2.8M | 28,854 | 0.5% | 18 |
| TOWER SEMICONDUCTOR LTD | [TSEM](https://holderbook.com/stocks/TSEM/) | $2.7M | 15,411 | 0.4% | 18 |
| EVERCORE INC | [EVR](https://holderbook.com/stocks/EVR/) | $2.7M | 9,031 | 0.4% | 17 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $2.6M | 46,735 | 0.4% | 18 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.6M | 3,194 | 0.4% | 18 |
| UNUM GROUP | [UNM](https://holderbook.com/stocks/UNM/) | $2.5M | 34,512 | 0.4% | 18 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $2.5M | 5,232 | 0.4% | 18 |
| GSK PLC | [GSK](https://holderbook.com/stocks/GSK/) | $2.4M | 42,695 | 0.4% | 16 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $2.4M | 1,783 | 0.4% | 14 |
| KB FINL GROUP INC | [KB](https://holderbook.com/stocks/KB/) | $2.3M | 23,312 | 0.4% | 15 |
| SEI INVTS CO | [SEIC](https://holderbook.com/stocks/SEIC/) | $2.3M | 29,030 | 0.4% | 11 |
| UBIQUITI INC | [UI](https://holderbook.com/stocks/UI/) | $2.2M | 2,833 | 0.4% | 7 |
| VERISIGN INC | [VRSN](https://holderbook.com/stocks/VRSN/) | $2.1M | 8,612 | 0.4% | 18 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $2.1M | 4,258 | 0.3% | 18 |
| BHP BILLITON LIMITED | [BHP](https://holderbook.com/stocks/BHP/) | $2.1M | 29,155 | 0.3% | 18 |
| SITE CTRS CORP | [SITC](https://holderbook.com/stocks/SITC/) | $2.1M | 390,310 | 0.3% | 2 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $2.1M | 16,611 | 0.3% | 16 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $2.1M | 72,832 | 0.3% | 18 |
| MGIC INVT CORP WIS | [MTG](https://holderbook.com/stocks/MTG/) | $2.1M | 79,061 | 0.3% | 17 |
| SHINHAN FINANCIAL GROUP CO L | [SHG](https://holderbook.com/stocks/SHG/) | $2.0M | 32,293 | 0.3% | 18 |
| BANCO SANTANDER S.A. | [SAN](https://holderbook.com/stocks/SAN/) | $2.0M | 175,382 | 0.3% | 18 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $2.0M | 14,029 | 0.3% | 16 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.9M | 25,117 | 0.3% | 18 |
| ORIX CORP | [IX](https://holderbook.com/stocks/IX/) | $1.9M | 64,937 | 0.3% | 18 |
| UNIVERSAL HLTH SVCS INC | [UHS](https://holderbook.com/stocks/UHS/) | $1.9M | 10,850 | 0.3% | 18 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $1.9M | 56,251 | 0.3% | 18 |
| TELEKOMUNIKASI IND | [TLK](https://holderbook.com/stocks/TLK/) | $1.9M | 102,952 | 0.3% | 16 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $1.9M | 28,905 | 0.3% | 9 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $1.9M | 7,716 | 0.3% | 18 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.9M | 37,049 | 0.3% | 17 |
| CHECK POINT SOFTWARE TECH LT | [CHKP](https://holderbook.com/stocks/CHKP/) | $1.8M | 12,827 | 0.3% | 18 |
| AERCAP HOLDINGS NV | [AER](https://holderbook.com/stocks/AER/) | $1.8M | 13,005 | 0.3% | 18 |
| PERDOCEO ED CORP | [PRDO](https://holderbook.com/stocks/PRDO/) | $1.8M | 47,534 | 0.3% | 16 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $1.7M | 1,188 | 0.3% | 10 |
| GLOBAL SHIP LEASE INC | [GSL](https://holderbook.com/stocks/GSL/) | $1.7M | 46,036 | 0.3% | 8 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.7M | 14,018 | 0.3% | 18 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.7M | 4,839 | 0.3% | 3 |
| ACADIAN ASSET MANAGEMENT INC | [AAMI](https://holderbook.com/stocks/AAMI/) | $1.6M | 29,489 | 0.3% | 14 |
| WOORI FINL GROUP INC | [WF](https://holderbook.com/stocks/WF/) | $1.6M | 24,090 | 0.3% | 9 |
| JONES LANG LASALLE INC | [JLL](https://holderbook.com/stocks/JLL/) | $1.6M | 5,230 | 0.3% | 9 |
| ASE TECHNOLOGY HLDG CO LTD | [ASX](https://holderbook.com/stocks/ASX/) | $1.5M | 71,133 | 0.3% | 18 |
| TELEFONICA BRASIL SA | [VIV](https://holderbook.com/stocks/VIV/) | $1.5M | 96,109 | 0.3% | 18 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $1.5M | 3,025 | 0.2% | 9 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.5M | 6,748 | 0.2% | 17 |
| WINMARK CORP | [WINA](https://holderbook.com/stocks/WINA/) | $1.5M | 3,426 | 0.2% | 18 |
| ITURAN LOCATION AND CONTROL | [ITRN](https://holderbook.com/stocks/ITRN/) | $1.4M | 29,457 | 0.2% | 9 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $1.4M | 19,882 | 0.2% | 18 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $1.4M | 12,632 | 0.2% | 18 |
| ARTISAN PARTNERS ASSET MGMT | [APAM](https://holderbook.com/stocks/APAM/) | $1.4M | 39,243 | 0.2% | 18 |
| JANUS HENDERSON GROUP PLC | [JHG](https://holderbook.com/stocks/JHG/) | $1.4M | 27,283 | 0.2% | 10 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $1.4M | 4,998 | 0.2% | 18 |
| RIO TINTO PLC | [RIO](https://holderbook.com/stocks/RIO/) | $1.3M | 14,071 | 0.2% | 18 |
| DROPBOX INC | [DBX](https://holderbook.com/stocks/DBX/) | $1.3M | 56,603 | 0.2% | 8 |
| FINVOLUTION GROUP | [FINV](https://holderbook.com/stocks/FINV/) | $1.3M | 266,755 | 0.2% | 17 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.3M | 7,472 | 0.2% | 14 |
| EVERGY INC | [EVRG](https://holderbook.com/stocks/EVRG/) | $1.3M | 15,327 | 0.2% | 8 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $1.2M | 18,072 | 0.2% | 15 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $1.2M | 14,331 | 0.2% | 10 |
| HERBALIFE LTD | [HLF](https://holderbook.com/stocks/HLF/) | $1.2M | 82,323 | 0.2% | 8 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $1.2M | 5,884 | 0.2% | 17 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.2M | 3,754 | 0.2% | 9 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.2M | 1,397 | 0.2% | 8 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $1.2M | 31,948 | 0.2% | 18 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.2M | 7,912 | 0.2% | 18 |

## 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 |
|---|---|---|---|---|
| Q1 2026 | -4.3% | -4.6% | +0.3% | 99% |
| Q4 2025 | -3.7% | +2.4% | -6.1% | 100% |
| Q3 2025 | +6.1% | +7.8% | -1.7% | 100% |
| Q2 2025 | +24.4% | +10.5% | +13.9% | 100% |
| Q1 2025 | -9.4% | -4.6% | -4.8% | 100% |
| Q4 2024 | +6.6% | +2.1% | +4.4% | 100% |
| Q3 2024 | -0.9% | +5.4% | -6.3% | 100% |
| Q2 2024 | -2.3% | +4.0% | -6.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2026 | $609.4M | 619 |
| Q4 2025 | $584.7M | 531 |
| Q3 2025 | $549.8M | 439 |
| Q2 2025 | $484.3M | 363 |
| Q1 2025 | $379.7M | 317 |
| Q4 2024 | $399.4M | 306 |
| Q3 2024 | $368.7M | 309 |
| Q2 2024 | $356.2M | 300 |
| Q1 2024 | $352.2M | 296 |
| Q4 2023 | $260.1M | 250 |
| Q3 2023 | $204.5M | 228 |
| Q2 2023 | $200.9M | 238 |