# Luma Capital S.A. - SPF

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2087462. Source: https://holderbook.com/funds/2087462-luma-capital-s-a-spf/

- Reported value: $112.1M
- Positions: 12
- Weight of the ten largest: 96.2%
- Filed: 2026-07-08

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 |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $21.0M | 58,870 | 18.8% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $18.8M | 78,747 | 16.7% | 3 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $13.7M | 7,032 | 12.2% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $11.7M | 34,000 | 10.4% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $10.2M | 20,376 | 9.1% | 2 |
| NVR INC | [NVR](https://holderbook.com/stocks/NVR/) | $9.2M | 1,354 | 8.2% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $7.6M | 20,500 | 6.8% | 3 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $5.6M | 31,175 | 5.0% | 3 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $5.2M | 72,680 | 4.6% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $4.8M | 9,404 | 4.3% | 3 |
| FLOOR & DECOR HLDGS INC | [FND](https://holderbook.com/stocks/FND/) | $3.6M | 60,200 | 3.2% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $706.7K | 2,000 | 0.6% | 3 |

## 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 | +7.9% | +14.8% | -6.9% | 100% |
| Q1 2026 | -11.7% | -4.6% | -7.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $112.1M | 12 |
| Q1 2026 | $103.9M | 12 |
| Q4 2025 | $106.6M | 11 |