Managers / Q1 2026
Truffle Hound Capital, LLC
CIK 0001595862 · 4905 DEL RAY AVE. STE 400, BETHESDA, MD, 20814 · 301-718-1754
Summary
Truffle Hound Capital, LLC reported $386M in U.S.-listed holdings across 51 positions for Q1 2026.
Its largest position, Alps Etf Tr, represents 3.3% of the portfolio.
Compared with Q4 2025, the fund opened 11 new positions and exited 12.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Other · 61.8% · $239M
- Common Stock · 26.5% · $102M
- ADR · 8.2% · $32M
- ETP · 3.3% · $13M
- REIT · 0.1% · $531,097
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SELECT SECTOR SPDR TR | NEW | +400.0K | 400.0K | +$25M | $25M |
| ISHARES TR | NEW | +300.0K | 300.0K | +$17M | $17M |
| SMSM ENERGY COMPANY | NEW | +240.0K | 240.0K | +$7M | $7M |
| EOGEOG RES INC | NEW | +40.0K | 40.0K | +$6M | $6M |
| PETROLEO BRASILEIRO S A | NEW | +250.0K | 250.0K | +$5M | $5M |
| TFXTELEFLEX INCORPORATED | NEW | +32.0K | 32.0K | +$4M | $4M |
| KWE1RING ENERGY INC | NEW | +2.00M | 2.00M | +$3M | $3M |
| CRGYCRESCENT ENERGY COMPANY | NEW | +200.0K | 200.0K | +$3M | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $386M | 51 | May 7, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $384M | 52 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $357M | 50 | Nov 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $391M | 59 | Aug 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $277M | 53 | May 9, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $285M | 53 | Feb 11, 2025 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.