# Portman Square Capital LLP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1966898. Source: https://holderbook.com/funds/1966898-portman-square-capital-llp/

- Reported value: $2.1B
- Positions: 71
- Weight of the ten largest: 56.8%
- Filed: 2026-07-15

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 |
|---|---|---|---|---|---|
| IREN LIMITED | [IREN](https://holderbook.com/stocks/IREN/) | $187.3M | 0 | 8.9% | 2 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $184.9M | 27,000 | 8.8% | 5 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $180.1M | 695,718 | 8.5% | 3 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $145.0M | 322,752 | 6.9% | 7 |
| REDDIT INC | [RDDT](https://holderbook.com/stocks/RDDT/) | $126.0M | 313,872 | 6.0% | 2 |
| WAYFAIR INC | [W](https://holderbook.com/stocks/W/) | $90.5M | 409,349 | 4.3% | 15 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $90.2M | 61,789 | 4.3% | 3 |
| PPL CORP | [PPL](https://holderbook.com/stocks/PPL/) | $67.3M | 57,032 | 3.2% | 2 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $66.5M | 178,077 | 3.2% | 15 |
| SOUTHERN CO | [SOMN](https://holderbook.com/stocks/SOMN/) | $61.8M | 1,236,000 | 2.9% | 3 |
| PG&E CORP | [PCG](https://holderbook.com/stocks/PCG/) | $56.1M | 230,773 | 2.7% | 13 |
| ALBEMARLE CORP | [ALB](https://holderbook.com/stocks/ALB/) | $50.9M | 22,642 | 2.4% | 6 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $48.1M | 0 | 2.3% | 8 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $46.6M | 58,020 | 2.2% | 2 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $35.8M | 0 | 1.7% | 10 |
| PPL CORP | [PPLC](https://holderbook.com/stocks/PPLC/) | $35.7M | 730,000 | 1.7% | 2 |
| MICROCHIP TECHNOLOGY INC. | [MCHPP](https://holderbook.com/stocks/MCHPP/) | $34.7M | 450,000 | 1.6% | 6 |
| ALBEMARLE CORP | [ALBPRA](https://holderbook.com/stocks/ALBPRA/) | $30.0M | 541,000 | 1.4% | 6 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $29.5M | 35,065 | 1.4% | 14 |
| FIRSTENERGY CORP | - | $27.3M | 24,600,000 | 1.3% | 1 |
| SPECTRUM BRANDS HOLDINGS INC | [SPB](https://holderbook.com/stocks/SPB/) | $24.8M | 0 | 1.2% | 9 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $24.3M | 25,167 | 1.2% | 1 |
| TETRA TECH INC NEW | [TTEK](https://holderbook.com/stocks/TTEK/) | $23.1M | 113,409 | 1.1% | 12 |
| FIRSTENERGY CORP | [FE](https://holderbook.com/stocks/FE/) | $22.7M | 0 | 1.1% | 5 |
| EVERGY INC | - | $22.4M | 15,800,000 | 1.1% | 3 |
| ALNYLAM PHARMACEUTICALS INC | [ALNY](https://holderbook.com/stocks/ALNY/) | $21.4M | 25,016 | 1.0% | 15 |
| STARWOOD PPTY TR INC | [STWD](https://holderbook.com/stocks/STWD/) | $20.8M | 81,810 | 1.0% | 7 |
| NEXTERA ENERGY INC | [NEEPRV](https://holderbook.com/stocks/NEEPRV/) | $19.6M | 410,000 | 0.9% | 2 |
| WINNEBAGO INDS INC | [WGO](https://holderbook.com/stocks/WGO/) | $18.2M | 0 | 0.9% | 15 |
| SYNAPTICS INC | [SYNA](https://holderbook.com/stocks/SYNA/) | $18.2M | 0 | 0.9% | 7 |
| ITRON INC | [ITRI](https://holderbook.com/stocks/ITRI/) | $16.0M | 0 | 0.8% | 9 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $15.8M | 0 | 0.7% | 6 |
| PG&E CORP | [PCGPRX](https://holderbook.com/stocks/PCGPRX/) | $15.8M | 381,000 | 0.7% | 4 |
| FLUOR CORP | [FLR](https://holderbook.com/stocks/FLR/) | $15.5M | 0 | 0.7% | 12 |
| ARES MANAGEMENT CORPORATION | [ARES](https://holderbook.com/stocks/ARES/) | $14.5M | 0 | 0.7% | 6 |
| BRIDGEBIO PHARMA INC | [BBIO](https://holderbook.com/stocks/BBIO/) | $14.4M | 0 | 0.7% | 12 |
| NOVANTA INC | [NOVTU](https://holderbook.com/stocks/NOVTU/) | $14.3M | 210,000 | 0.7% | 3 |
| GUARDANT HEALTH INC | [GH](https://holderbook.com/stocks/GH/) | $14.2M | 0 | 0.7% | 2 |
| ZTO EXPRESS CAYMAN INC | [ZTO](https://holderbook.com/stocks/ZTO/) | $12.6M | 71,243 | 0.6% | 2 |
| BLACKLINE INC | [BL](https://holderbook.com/stocks/BL/) | $12.3M | 0 | 0.6% | 9 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $12.2M | 6,728 | 0.6% | 8 |
| NOVANTA INC | [NOVT](https://holderbook.com/stocks/NOVT/) | $12.0M | 0 | 0.6% | 3 |
| ENOVIS CORPORATION | [ENOV](https://holderbook.com/stocks/ENOV/) | $11.7M | 0 | 0.6% | 11 |
| JAZZ INVESTMENTS I LTD | - | $10.1M | 5,925,000 | 0.5% | 2 |
| JAZZ PHARMACEUTICALS PLC | [JAZZ](https://holderbook.com/stocks/JAZZ/) | $10.1M | 0 | 0.5% | 2 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $8.8M | 0 | 0.4% | 6 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $8.3M | 0 | 0.4% | 1 |
| ISHARES TR | [FXI](https://holderbook.com/stocks/FXI/) | $8.2M | 30,000 | 0.4% | 1 |
| UNITED STS OIL FD LP | [USO](https://holderbook.com/stocks/USO/) | $8.0M | 0 | 0.4% | 2 |
| LUCID GROUP INC | [LCID](https://holderbook.com/stocks/LCID/) | $7.7M | 225,054 | 0.4% | 4 |
| ISHARES INC | [EWY](https://holderbook.com/stocks/EWY/) | $7.1M | 0 | 0.3% | 1 |
| KRANESHARES TRUST | [KWEB](https://holderbook.com/stocks/KWEB/) | $6.7M | 175,000 | 0.3% | 3 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $6.7M | 10,430 | 0.3% | 1 |
| SEMTECH CORP | [SMTC](https://holderbook.com/stocks/SMTC/) | $6.6M | 0 | 0.3% | 1 |
| NEXTERA ENERGY INC | [NEEPRS](https://holderbook.com/stocks/NEEPRS/) | $5.4M | 100,000 | 0.3% | 6 |
| ARES MANAGEMENT CORPORATION | [ARESPRB](https://holderbook.com/stocks/ARESPRB/) | $5.1M | 140,000 | 0.2% | 6 |
| HEWLETT PACKARD ENTERPRISE C | [HPEPRC](https://holderbook.com/stocks/HPEPRC/) | $4.1M | 35,000 | 0.2% | 6 |
| EVERGY INC | [EVRG](https://holderbook.com/stocks/EVRG/) | $3.8M | 0 | 0.2% | 3 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $3.5M | 0 | 0.2% | 1 |
| NEXTERA ENERGY INC | [NEEPRT](https://holderbook.com/stocks/NEEPRT/) | $2.6M | 51,000 | 0.1% | 7 |
| LIVE NATION ENTERTAINMENT IN | [LYV](https://holderbook.com/stocks/LYV/) | $2.2M | 0 | 0.1% | 14 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $1.3M | 0 | 0.1% | 1 |
| UPSTART HLDGS INC | [UPST](https://holderbook.com/stocks/UPST/) | $674.4K | 19,036 | 0.0% | 6 |
| ADVANCED ENERGY INDS | [AEIS](https://holderbook.com/stocks/AEIS/) | $462.4K | 1,240 | 0.0% | 12 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $414.1K | 0 | 0.0% | 2 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $353.0K | 0 | 0.0% | 2 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $321.2K | 0 | 0.0% | 6 |
| TPG INC | [TPG](https://holderbook.com/stocks/TPG/) | $304.1K | 0 | 0.0% | 2 |
| CARLYLE GROUP INC | [CG](https://holderbook.com/stocks/CG/) | $294.8K | 0 | 0.0% | 2 |
| BLUE OWL CAPITAL INC | [OWL](https://holderbook.com/stocks/OWL/) | $131.2K | 0 | 0.0% | 2 |
| XEROX HOLDINGS CORP | [XRX](https://holderbook.com/stocks/XRX/) | $52.6K | 16,807 | 0.0% | 10 |

## 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 |
|---|---|---|---|---|
| Q4 2025 | +0.9% | +2.4% | -1.4% | 66% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $2.1B | 71 |
| Q1 2026 | $2.6B | 77 |
| Q4 2025 | $2.3B | 90 |
| Q3 2025 | $2.3B | 86 |
| Q2 2025 | $3.4B | 113 |
| Q1 2025 | $3.8B | 121 |
| Q4 2024 | $2.8B | 121 |
| Q3 2024 | $2.7B | 138 |
| Q2 2024 | $2.9B | 150 |
| Q1 2024 | $3.6B | 134 |
| Q4 2023 | $4.4B | 189 |
| Q3 2023 | $4.1B | 182 |