# Thoma Capital Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2060298. Source: https://holderbook.com/funds/2060298-thoma-capital-management-llc/

- Reported value: $187.5M
- Positions: 53
- Weight of the ten largest: 81.9%
- Filed: 2026-07-16

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 |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $49.2M | 65,874 | 26.2% | 7 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $36.0M | 677,770 | 19.2% | 7 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $30.1M | 132,595 | 16.1% | 7 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $10.0M | 52,541 | 5.3% | 7 |
| ISHARES TR | [IGLB](https://holderbook.com/stocks/IGLB/) | $8.0M | 158,874 | 4.2% | 7 |
| AMPLIFY ETF TR | [HACK](https://holderbook.com/stocks/HACK/) | $7.1M | 67,253 | 3.8% | 7 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $5.7M | 14,419 | 3.0% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.1M | 10,677 | 1.6% | 7 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $2.4M | 8,001 | 1.3% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.0M | 8,329 | 1.1% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.7M | 8,639 | 0.9% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.7M | 4,535 | 0.9% | 7 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $1.7M | 40,546 | 0.9% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.7M | 4,686 | 0.9% | 7 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $1.4M | 5,719 | 0.7% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.3M | 1,042 | 0.7% | 7 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.2M | 4,343 | 0.7% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.2M | 2,162 | 0.6% | 7 |
| PRICE T ROWE GROUP INC | [TROW](https://holderbook.com/stocks/TROW/) | $1.2M | 10,308 | 0.6% | 7 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $1.1M | 8,368 | 0.6% | 7 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.1M | 2,617 | 0.6% | 7 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.1M | 12,950 | 0.6% | 7 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $1.0M | 2,443 | 0.6% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $980.3K | 1,959 | 0.5% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $977.3K | 2,766 | 0.5% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $944.3K | 8,337 | 0.5% | 7 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $907.5K | 3,796 | 0.5% | 7 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $866.3K | 4,928 | 0.5% | 7 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $866.2K | 4,001 | 0.5% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $854.6K | 5,155 | 0.5% | 7 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $850.5K | 8,836 | 0.5% | 7 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $794.4K | 2,193 | 0.4% | 7 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $751.6K | 4,185 | 0.4% | 7 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $728.3K | 6,189 | 0.4% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $653.5K | 1,996 | 0.3% | 7 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $645.7K | 3,403 | 0.3% | 4 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $639.9K | 5,485 | 0.3% | 7 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $524.3K | 3,577 | 0.3% | 7 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $471.7K | 1,248 | 0.3% | 7 |
| CAVA GROUP INC | [CAVA](https://holderbook.com/stocks/CAVA/) | $447.2K | 5,698 | 0.2% | 6 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $428.8K | 1,703 | 0.2% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $390.6K | 1,107 | 0.2% | 5 |
| DRAFTKINGS INC NEW | [DKNG](https://holderbook.com/stocks/DKNG/) | $390.3K | 15,451 | 0.2% | 7 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $353.3K | 479 | 0.2% | 7 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $324.8K | 3,226 | 0.2% | 3 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $318.6K | 6,703 | 0.2% | 4 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $260.6K | 889 | 0.1% | 1 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $259.7K | 225 | 0.1% | 1 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $255.6K | 5,012 | 0.1% | 1 |
| PUBLIC SVC ENTERPRISE GROUP | [PEG](https://holderbook.com/stocks/PEG/) | $243.2K | 2,997 | 0.1% | 7 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $232.4K | 400 | 0.1% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $224.4K | 654 | 0.1% | 7 |
| BNY MELLON STRATEGIC MUNS IN | [LEO](https://holderbook.com/stocks/LEO/) | $70.1K | 10,848 | 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 | +12.1% | +14.8% | -2.7% | 100% |
| Q1 2026 | -3.1% | -4.6% | +1.5% | 100% |
| Q4 2025 | +0.8% | +2.4% | -1.6% | 100% |
| Q3 2025 | +6.3% | +7.8% | -1.5% | 100% |
| Q2 2025 | +8.4% | +10.5% | -2.1% | 100% |
| Q1 2025 | -4.1% | -4.6% | +0.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $187.5M | 53 |
| Q1 2026 | $169.1M | 55 |
| Q4 2025 | $173.6M | 60 |
| Q3 2025 | $174.1M | 59 |
| Q2 2025 | $157.1M | 58 |
| Q1 2025 | $143.0M | 59 |
| Q4 2024 | $146.0M | 63 |