Portman Square Capital LLP
Reported holdings as of Q2 2026, from 15 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| IREN LIMITED OPT | IREN | $187.3M | options only | +8.64pp | 2q | OPTIONS | |
| SPDR GOLD TR OPT | GLD | $184.9M | 27,000 | -5.63pp | 5q | -25.0%-$61.6M | |
| ALIBABA GROUP HLDG LTD OPT | BABA | $180.1M | 695,718 | +7.11pp | 3q | HELD | |
| NEXTERA ENERGY INC OPT | NEE | $145.0M | 322,752 | -2.33pp | 7q | -16.3%-$28.1M | |
| REDDIT INC OPT | RDDT | $126.0M | 313,872 | +4.36pp | 2q | +474.9%+$104.1M | |
| WAYFAIR INC OPT | W | $90.5M | 409,349 | +3.74pp | 15q | +124.9%+$50.2M | |
| SOUTHERN CO OPT | SO | $90.2M | 61,789 | +0.44pp | 3q | +39.2%+$25.4M | |
| PPL CORP OPT | PPL | $67.3M | 57,032 | +0.58pp | 2q | HELD | |
| AKAMAI TECHNOLOGIES INC OPT | AKAM | $66.5M | 178,077 | +1.63pp | 15q | HELD | |
| SOUTHERN CO | SOMN | $61.8M | 1,236,000 | +0.27pp | 3q | -7.5%-$5.0M | |
| PG&E CORP OPT | PCG | $56.1M | 230,773 | -0.13pp | 13q | -26.7%-$20.4M | |
| ALBEMARLE CORP OPT | ALB | $50.9M | 22,642 | -0.73pp | 6q | -73.9%-$144.2M | |
| MICROCHIP TECHNOLOGY INC. OPT | MCHP | $48.1M | options only | +0.24pp | 8q | OPTIONS | |
| ORACLE CORP OPT | ORCL | $46.6M | 58,020 | -0.75pp | 2q | -13.4%-$7.2M | |
| GLOBAL PMTS INC OPT | GPN | $35.8M | options only | +0.42pp | 10q | OPTIONS | |
| PPL CORP | PPLC | $35.7M | 730,000 | -1.32pp | 2q | -52.3%-$39.1M | |
| MICROCHIP TECHNOLOGY INC. | MCHPP | $34.7M | 450,000 | -0.96pp | 6q | -61.7%-$55.8M | |
| ALBEMARLE CORP | ALBPRA | $30.0M | 541,000 | -0.08pp | 6q | HELD | |
| ON SEMICONDUCTOR CORP OPT | ON | $29.5M | 35,065 | +0.09pp | 14q | -63.5%-$51.4M | |
| FIRSTENERGY CORP | $27.3M | 24,600,000 | - | new | DEBT | ||
| SPECTRUM BRANDS HOLDINGS INC OPT | SPB | $24.8M | options only | +0.35pp | 9q | OPTIONS | |
| SEAGATE TECHNOLOGY HLDNGS PL | STX | $24.3M | 25,167 | - | new | NEW | |
| TETRA TECH INC NEW OPT | TTEK | $23.1M | 113,409 | +0.13pp | 12q | -21.3%-$6.2M | |
| FIRSTENERGY CORP OPT | FE | $22.7M | options only | +0.09pp | 5q | OPTIONS | |
| EVERGY INC | $22.4M | 15,800,000 | +0.02pp | 3q | DEBT | ||
| ALNYLAM PHARMACEUTICALS INC OPT | ALNY | $21.4M | 25,016 | +0.32pp | 15q | +47.8%+$6.9M | |
| STARWOOD PPTY TR INC OPT | STWD | $20.8M | 81,810 | -0.06pp | 7q | +24.2%+$4.0M | |
| NEXTERA ENERGY INC | NEEPRV | $19.6M | 410,000 | -0.19pp | 2q | -28.7%-$7.9M | |
| WINNEBAGO INDS INC OPT | WGO | $18.2M | options only | +0.16pp | 15q | OPTIONS | |
| SYNAPTICS INC OPT | SYNA | $18.2M | options only | +0.38pp | 7q | OPTIONS | |
| ITRON INC OPT | ITRI | $16.0M | options only | +0.12pp | 9q | OPTIONS | |
| CLOUDFLARE INC OPT | NET | $15.8M | options only | +0.19pp | 6q | OPTIONS | |
| PG&E CORP | PCGPRX | $15.8M | 381,000 | +0.12pp | 4q | HELD | |
| FLUOR CORP OPT | FLR | $15.5M | options only | -0.17pp | 12q | OPTIONS | |
| ARES MANAGEMENT CORPORATION OPT | ARES | $14.5M | options only | -0.60pp | 6q | OPTIONS | |
| BRIDGEBIO PHARMA INC OPT | BBIO | $14.4M | options only | +0.13pp | 12q | OPTIONS | |
| NOVANTA INC | NOVTU | $14.3M | 210,000 | -1.30pp | 3q | -78.1%-$51.1M | |
| GUARDANT HEALTH INC OPT | GH | $14.2M | options only | +0.32pp | 2q | OPTIONS | |
| ZTO EXPRESS CAYMAN INC OPT | ZTO | $12.6M | 71,243 | -0.01pp | 2q | -11.5%-$1.6M | |
| BLACKLINE INC OPT | BL | $12.3M | options only | -0.04pp | 9q | OPTIONS | |
| HEWLETT PACKARD ENTERPRISE C OPT | HPE | $12.2M | 6,728 | -2.65pp | 8q | -96.4%-$328.4M | |
| NOVANTA INC OPT | NOVT | $12.0M | options only | -0.49pp | 3q | OPTIONS | |
| ENOVIS CORPORATION OPT | ENOV | $11.7M | options only | -0.32pp | 11q | OPTIONS | |
| JAZZ INVESTMENTS I LTD | $10.1M | 5,925,000 | -0.20pp | 2q | DEBT | ||
| JAZZ PHARMACEUTICALS PLC OPT | JAZZ | $10.1M | options only | +0.09pp | 2q | OPTIONS | |
| REALTY INCOME CORP OPT | O | $8.8M | options only | -0.32pp | 6q | OPTIONS | |
| ISHARES TR OPT | IWM | $8.3M | options only | - | new | OPTIONS | |
| ISHARES TR OPT | FXI | $8.2M | 30,000 | - | new | NEW | |
| UNITED STS OIL FD LP OPT | USO | $8.0M | options only | -0.87pp | 2q | OPTIONS | |
| LUCID GROUP INC OPT | LCID | $7.7M | 225,054 | -0.14pp | 4q | -51.2%-$8.1M | |
| ISHARES INC OPT | EWY | $7.1M | options only | - | new | OPTIONS | |
| KRANESHARES TRUST OPT | KWEB | $6.7M | 175,000 | -0.19pp | 3q | +25.0%+$1.3M | |
| WESTERN DIGITAL CORP | WDC | $6.7M | 10,430 | - | new | NEW | |
| SEMTECH CORP OPT | SMTC | $6.6M | options only | - | new | OPTIONS | |
| NEXTERA ENERGY INC | NEEPRS | $5.4M | 100,000 | +0.04pp | 6q | HELD | |
| ARES MANAGEMENT CORPORATION | ARESPRB | $5.1M | 140,000 | -0.20pp | 6q | -55.1%-$6.3M | |
| HEWLETT PACKARD ENTERPRISE C | HPEPRC | $4.1M | 35,000 | -0.36pp | 6q | -84.1%-$21.6M | |
| EVERGY INC OPT | EVRG | $3.8M | options only | -0.41pp | 3q | OPTIONS | |
| VANECK ETF TRUST OPT | SMH | $3.5M | options only | - | new | OPTIONS | |
| NEXTERA ENERGY INC | NEEPRT | $2.6M | 51,000 | +0.02pp | 7q | HELD | |
| LIVE NATION ENTERTAINMENT IN OPT | LYV | $2.2M | options only | -1.29pp | 14q | OPTIONS | |
| ISHARES TR OPT | TLT | $1.3M | options only | - | new | OPTIONS | |
| UPSTART HLDGS INC | UPST | $674.4K | 19,036 | +0.02pp | 6q | +61.2%+$256.0K | |
| ADVANCED ENERGY INDS | AEIS | $462.4K | 1,240 | -0.67pp | 12q | HELD | |
| APOLLO GLOBAL MGMT INC OPT | APO | $414.1K | options only | -0.01pp | 2q | OPTIONS | |
| BLACKSTONE INC OPT | BX | $353.0K | options only | -0.01pp | 2q | OPTIONS | |
| KKR & CO INC OPT | KKR | $321.2K | options only | -0.01pp | 6q | OPTIONS | |
| TPG INC OPT | TPG | $304.1K | options only | -0.01pp | 2q | OPTIONS | |
| CARLYLE GROUP INC OPT | CG | $294.8K | options only | -0.01pp | 2q | OPTIONS | |
| BLUE OWL CAPITAL INC OPT | OWL | $131.2K | options only | flat | 2q | OPTIONS | |
| XEROX HOLDINGS CORP | XRX | $52.6K | 16,807 | flat | 10q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Utilities | $482.5M | 22.9% |
| Business Services | $305.5M | 14.5% |
| Capital Markets | $209.2M | 9.9% |
| Software & IT Services | $200.8M | 9.5% |
| Semiconductors & Electronics | $188.6M | 8.9% |
| Banks & Lending | $188.0M | 8.9% |
| Retail & Consumer | $90.5M | 4.3% |
| Chemicals | $50.9M | 2.4% |
| Biotech & Pharma | $46.0M | 2.2% |
| Computer Hardware | $43.2M | 2.0% |
| Other sectors | $127.7M | 6.1% |
| Not classified | $177.6M | 8.4% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $2.1B | 71 | 9 | 7 | 24 | 15 | 56.8% | 15 |
| Q1 2026 | $2.6B | 77 | 20 | 11 | 15 | 33 | 47.9% | 27 |
| Q4 2025 | $2.3B | 90 | 16 | 8 | 16 | 12 | 46.6% | 23 |
| Q3 2025 | $2.3B | 86 | 6 | 6 | 15 | 33 | 44.7% | 16 |
| Q2 2025 | $3.4B | 113 | 18 | 7 | 30 | 26 | 36.7% | 29 |
| Q1 2025 | $3.8B | 121 | 63 | 6 | 18 | 63 | 28.1% | 32 |
| Q4 2024 | $2.8B | 121 | 12 | 26 | 28 | 29 | 39.9% | 16 |
| Q3 2024 | $2.7B | 138 | 7 | 31 | 40 | 19 | 25.5% | 16 |
| Q2 2024 | $2.9B | 150 | 35 | 32 | 44 | 19 | 24.8% | 19 |
| Q1 2024 | $3.6B | 134 | 21 | 17 | 57 | 76 | 28.6% | 15 |
| Q4 2023 | $4.4B | 189 | 20 | 31 | 106 | 13 | 24.9% | 19 |
| Q3 2023 | $4.1B | 182 | 34 | 64 | 39 | 24 | 25.4% | 30 |
| Q2 2023 | $3.5B | 172 | 64 | 31 | 55 | 27 | 31.1% | 26 |
| Q1 2023 | $2.2B | 135 | 45 | 20 | 23 | 46 | 42.2% | 34 |
| Q4 2022 | $1.4B | 136 | 0 | 0 | 0 | 0 | 36.8% | 54 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.