# Sovereign's Capital Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1911637. Source: https://holderbook.com/funds/1911637-sovereign-s-capital-management-llc/

- Reported value: $149.8M
- Positions: 70
- Weight of the ten largest: 39.9%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| MOLINA HEALTHCARE INC | [MOH](https://holderbook.com/stocks/MOH/) | $9.4M | 41,014 | 6.3% | 7 |
| REPAY HLDGS CORP | [RPAY](https://holderbook.com/stocks/RPAY/) | $7.1M | 1,692,881 | 4.7% | 7 |
| INSPERITY INC | [NSP](https://holderbook.com/stocks/NSP/) | $6.7M | 162,788 | 4.5% | 7 |
| VISTRA CORP | [VST](https://holderbook.com/stocks/VST/) | $6.0M | 37,896 | 4.0% | 7 |
| ALKAMI TECHNOLOGY INC | [ALKT](https://holderbook.com/stocks/ALKT/) | $5.8M | 321,766 | 3.9% | 7 |
| PAYCOM SOFTWARE INC | [PAYC](https://holderbook.com/stocks/PAYC/) | $5.4M | 42,938 | 3.6% | 7 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $5.1M | 102,982 | 3.4% | 7 |
| EURONET WORLDWIDE INC | [EEFT](https://holderbook.com/stocks/EEFT/) | $4.9M | 67,518 | 3.3% | 7 |
| GRAND CANYON ED INC | [LOPE](https://holderbook.com/stocks/LOPE/) | $4.7M | 33,116 | 3.2% | 7 |
| PRIMERICA INC | [PRI](https://holderbook.com/stocks/PRI/) | $4.6M | 16,214 | 3.1% | 7 |
| OPTION CARE HEALTH INC | [OPCH](https://holderbook.com/stocks/OPCH/) | $4.3M | 204,566 | 2.9% | 7 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $4.2M | 19,250 | 2.8% | 7 |
| SPS COMM INC | [SPSC](https://holderbook.com/stocks/SPSC/) | $4.0M | 69,184 | 2.6% | 7 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $3.9M | 35,834 | 2.6% | 7 |
| LCI INDS | [LCII](https://holderbook.com/stocks/LCII/) | $3.7M | 35,310 | 2.5% | 7 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $3.6M | 15,809 | 2.4% | 7 |
| AMERICAN FINANCIAL GROUP INC | [AFG](https://holderbook.com/stocks/AFG/) | $3.5M | 24,925 | 2.3% | 7 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $3.5M | 20,538 | 2.3% | 7 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $3.3M | 28,320 | 2.2% | 7 |
| U S PHYSICAL THERAPY | [USPH](https://holderbook.com/stocks/USPH/) | $3.1M | 44,514 | 2.0% | 5 |
| TRIUMPH FINANCIAL INC | [TFIN](https://holderbook.com/stocks/TFIN/) | $3.0M | 39,250 | 2.0% | 7 |
| PAYLOCITY HLDG CORP | [PCTY](https://holderbook.com/stocks/PCTY/) | $2.9M | 27,345 | 1.9% | 7 |
| RAYMOND JAMES FINL INC | [RJF](https://holderbook.com/stocks/RJF/) | $2.7M | 17,976 | 1.8% | 7 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $2.7M | 19,964 | 1.8% | 7 |
| TRINITY CAP INC | [TRIN](https://holderbook.com/stocks/TRIN/) | $2.5M | 138,896 | 1.7% | 7 |
| FERMI INC | [FRMI](https://holderbook.com/stocks/FRMI/) | $2.4M | 262,185 | 1.6% | 3 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $2.3M | 59,333 | 1.5% | 2 |
| DIODES INC | [DIOD](https://holderbook.com/stocks/DIOD/) | $2.0M | 18,561 | 1.4% | 7 |
| SITEONE LANDSCAPE SUPPLY INC | [SITE](https://holderbook.com/stocks/SITE/) | $2.0M | 17,382 | 1.3% | 3 |
| GREIF INC | [GEF](https://holderbook.com/stocks/GEF/) | $2.0M | 26,343 | 1.3% | 7 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $1.7M | 9,308 | 1.1% | 3 |
| LPL FINL HLDGS INC | [LPLA](https://holderbook.com/stocks/LPLA/) | $1.5M | 5,278 | 1.0% | 2 |
| AZZ INC | [AZZ](https://holderbook.com/stocks/AZZ/) | $1.5M | 9,470 | 1.0% | 7 |
| COCA COLA CONS INC | [COKE](https://holderbook.com/stocks/COKE/) | $1.4M | 7,103 | 0.9% | 7 |
| WESTROCK COFFEE CO | [WEST](https://holderbook.com/stocks/WEST/) | $1.3M | 154,500 | 0.8% | 7 |
| NETAPP INC | [NTAP](https://holderbook.com/stocks/NTAP/) | $1.2M | 7,873 | 0.8% | 7 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.2M | 13,520 | 0.8% | 7 |
| SPROUTS FMRS MKT INC | [SFM](https://holderbook.com/stocks/SFM/) | $1.2M | 13,647 | 0.8% | 3 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $1.1M | 10,812 | 0.7% | 2 |
| DOUGLAS DYNAMICS INC | [PLOW](https://holderbook.com/stocks/PLOW/) | $1.1M | 19,851 | 0.7% | 7 |
| TYSON FOODS INC | [TSN](https://holderbook.com/stocks/TSN/) | $1.0M | 17,666 | 0.7% | 7 |
| CSW INDUSTRIALS INC | [CSW](https://holderbook.com/stocks/CSW/) | $940.7K | 3,380 | 0.6% | 7 |
| HEALTHCARE SVCS GROUP INC | [HCSG](https://holderbook.com/stocks/HCSG/) | $882.4K | 35,930 | 0.6% | 7 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $878.1K | 9,517 | 0.6% | 7 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $844.2K | 2,073 | 0.6% | 5 |
| BLOCK H & R INC | [HRB](https://holderbook.com/stocks/HRB/) | $808.8K | 21,239 | 0.5% | 7 |
| MILLER INDS INC TENN | [MLR](https://holderbook.com/stocks/MLR/) | $708.3K | 13,847 | 0.5% | 7 |
| HUNT J B TRANS SVCS INC | [JBHT](https://holderbook.com/stocks/JBHT/) | $677.3K | 2,340 | 0.5% | 7 |
| KFORCE INC | [KFRC](https://holderbook.com/stocks/KFRC/) | $617.7K | 13,165 | 0.4% | 7 |
| US FOODS HLDG CORP | [USFD](https://holderbook.com/stocks/USFD/) | $612.2K | 5,987 | 0.4% | 7 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $602.0K | 2,688 | 0.4% | 7 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $599.5K | 12,481 | 0.4% | 7 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $590.1K | 2,672 | 0.4% | 4 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $535.3K | 5,813 | 0.4% | 7 |
| API GROUP CORP | [APG](https://holderbook.com/stocks/APG/) | $500.1K | 11,809 | 0.3% | 7 |
| CAMDEN PPTY TR | [CPT](https://holderbook.com/stocks/CPT/) | $488.0K | 4,262 | 0.3% | 7 |
| ERIE INDTY CO | [ERIE](https://holderbook.com/stocks/ERIE/) | $466.6K | 1,946 | 0.3% | 7 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $463.2K | 2,779 | 0.3% | 7 |
| SBA COMMUNICATIONS CORP | [SBAC](https://holderbook.com/stocks/SBAC/) | $415.4K | 2,354 | 0.3% | 7 |
| SCIENCE APPLICATIONS INTL CO | [SAIC](https://holderbook.com/stocks/SAIC/) | $410.8K | 3,721 | 0.3% | 7 |
| ZIMMER BIOMET HOLDINGS INC | [ZBH](https://holderbook.com/stocks/ZBH/) | $361.3K | 4,197 | 0.2% | 2 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $338.3K | 2,987 | 0.2% | 7 |
| LINCOLN ELEC HLDGS INC | [LECO](https://holderbook.com/stocks/LECO/) | $272.4K | 1,026 | 0.2% | 7 |
| ITT INC | [ITT](https://holderbook.com/stocks/ITT/) | $263.2K | 1,331 | 0.2% | 7 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $255.6K | 308 | 0.2% | 6 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $254.1K | 9,015 | 0.2% | 7 |
| IDEX CORP | [IEX](https://holderbook.com/stocks/IEX/) | $237.6K | 1,047 | 0.2% | 7 |
| J & J SNACK FOODS CORP | [JJSF](https://holderbook.com/stocks/JJSF/) | $235.8K | 3,211 | 0.2% | 7 |
| VERRA MOBILITY CORP | [VRRM](https://holderbook.com/stocks/VRRM/) | $192.8K | 45,357 | 0.1% | 7 |
| ENDAVA PLC | [DAVA](https://holderbook.com/stocks/DAVA/) | $47.0K | 16,600 | 0.0% | 7 |

## 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 | +11.4% | +14.8% | -3.4% | 100% |
| Q1 2026 | -8.5% | -4.6% | -3.9% | 100% |
| Q4 2025 | -1.7% | +2.4% | -4.0% | 100% |
| Q3 2025 | -0.8% | +7.8% | -8.6% | 100% |
| Q2 2025 | +1.8% | +10.5% | -8.6% | 100% |
| Q1 2025 | -3.2% | -4.6% | +1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $149.8M | 70 |
| Q1 2026 | $135.9M | 76 |
| Q4 2025 | $164.9M | 78 |
| Q3 2025 | $184.3M | 78 |
| Q2 2025 | $186.9M | 77 |
| Q1 2025 | $168.1M | 80 |
| Q4 2024 | $156.8M | 83 |