SEC 13F Intelligence

Managers / Q4 2018 · view latest →

X-Square Capital, LLC

CIK 0001729300 · STE. 802, 90 CARR 165, GUAYNABO, PR, 00968 · 787-282-1621

Reported Value
$127M
Q4 2018
Positions
116
Filings on Record
30
2019–present window
Filed
Feb 14, 2019
original filing

Summary

X-Square Capital, LLC reported $127M in U.S.-listed holdings across 116 positions for Q4 2018.

Its largest position, OFG, represents 19.2% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+59.1%
share of reported value
Largest Position
+19.2%
Ofg Bancorp

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

13F Reported Value
Q4 ’18: $127MQ4 ’18Q1 ’19: $146MQ2 ’19: $157MQ3 ’19: $159MQ4 ’19: $170MQ4 ’19Q1 ’20: $100MQ2 ’20: $141MQ3 ’20: $139MQ4 ’20: $185MQ4 ’20Q1 ’21: $216MQ2 ’21: $211MQ3 ’21: $193MQ4 ’21: $199MQ4 ’21Q1 ’22: $192MQ2 ’22: $166MQ3 ’22: $157MQ1 ’23: $169,549Q1 ’23Q2 ’23: $148,812Q3 ’23: $148,812Q4 ’23: $181,243Q1 ’24: $211,041Q1 ’24Q2 ’24: $215,669Q3 ’24: $227,597Q4 ’24: $243,269Q1 ’25: $232,620Q1 ’25Q2 ’25: $278,060Q3 ’25: $320,154Q4 ’25: $305,153Q1 ’26: $296,726Q1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 75.2%Other: 18.7%ADR: 4.2%ETP: 1.5%Closed-End Fund: 0.3%
  • Common Stock · 75.2% · $96M
  • Other · 18.7% · $24M
  • ADR · 4.2% · $5M
  • ETP · 1.5% · $2M
  • Closed-End Fund · 0.3% · $395,000

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
OFGOFG BANCORPNEW+1.48M1.48M+$24M$24M
ASSURED GUARANTY LTDNEW+479.2K479.2K+$18M$18M
BPOPPOPULAR INCNEW+218.7K218.7K+$10M$10M
BRK/BBERKSHIRE HATHAWAY INC DELNEW+20.4K20.4K+$5M$5M
MBIMBIA INCNEW+431.7K431.7K+$4M$4M
AAPLAPPLE INCNEW+22.8K22.8K+$4M$4M
OSGAMBAC FINL GROUP INCNEW+190.2K190.2K+$3M$3M
CALAVO GROWERS INCNEW+36.9K36.9K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2018

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OFGOFG BANCORPhistory →COM19.17%$24M1.48M
2ASSURED GUARANTY LTDCOM14.36%$18M477.9K
3BPOPPOPULAR INChistory →COM NEW8.11%$10M218.7K
4BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW · CL A3.74%$5M20.3K
5MBIMBIA INChistory →COM3.02%$4M431.7K
6AAPLAPPLE INChistory →COM2.61%$3M21.1K
7OSGAMBAC FINL GROUP INChistory →COM NEW2.58%$3M190.2K
8CALAVO GROWERS INCCOM2.09%$3M36.6K
9ARRYEURARRAY BIOPHARMA INChistory →COM2.00%$3M178.9K
10MUMICRON TECHNOLOGY INChistory →COM1.94%$2M77.9K
11SIENUSDSIENTRA INChistory →COM1.93%$2M193.0K
12CMGCHIPOTLE MEXICAN GRILL INChistory →COM1.86%$2M5.5K
13AMDADVANCED MICRO DEVICES INChistory →COM1.84%$2M127.2K
14PYPLPAYPAL HLDGS INChistory →COM1.54%$2M23.4K
15METAFACEBOOK INC-Ahistory →CL A1.50%$2M14.5K
16SKAASKECHERS U S A INChistory →CL A1.47%$2M81.8K
17VIPSVIPSHOP HLDGS LTDhistory →SPONSORED ADR1.44%$2M336.7K
18AMZNAMAZON COM INChistory →COM1.37%$2M1.2K
19GMGENERAL MTRS COhistory →COM1.33%$2M50.6K
20BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.30%$2M12.1K
21XCYOPKO HEALTH INChistory →COM1.15%$1M485.0K
22T7DTRANSDIGM GROUP INChistory →COM1.10%$1M4.1K
23FIAT CHRYSLER AUTOMOBILES NSHS1.04%$1M91.5K
24RTN1USDRAYTHEON COCOM NEW0.91%$1M7.5K
25VLOVALERO ENERGY CORP NEWCOM0.86%$1M14.6K
26WBWEIBO CORP-SPON ADRSPONSORED ADR0.80%$1M17.4K
27MOALTRIA GROUP INCCOM0.79%$1M20.5K
28GDGENERAL DYNAMICS CORPCOM0.79%$1M6.4K
29LMTLOCKHEED MARTIN CORPCOM0.76%$974,0003.7K
30BHCBAUSCH HEALTH COS INCCOM0.76%$972,00052.6K
31FBPFIRST BANCORP PUERTO RICOCOM NEW0.76%$966,000112.3K
32BECNUSDBEACON ROOFING SUPPLY INCCOM0.75%$952,00030.0K
33LN5LANNETT CO INCCOM0.68%$868,000175.0K
34TAT&T INCCOM0.68%$863,00030.2K
35HDHOME DEPOT INCCOM0.67%$859,0005.0K
36VANGUARD FTSE EMERGING MARKEFTSE EMR MKT ETF0.66%$837,00022.0K
37CALMCAL MAINE FOODS INCCOM NEW0.65%$832,00019.7K
38ZAGGEURZAGG INCCOM0.57%$730,00074.6K
39BIDUNBAIDU INCSPON ADR REP A0.57%$729,0004.6K
404I1PHILIP MORRIS INTL INCCOM0.54%$685,00010.3K
41ARNAEURARENA PHARMACEUTICALS INCCOM NEW0.52%$667,00017.1K
42BXUSDBLACKSTONE GROUP L PCOM UNIT LTD0.51%$655,00022.0K
43WIRELESS TELECOM GROUP INCCOM0.47%$597,000337.5K
44ISHARES U.S. HEALTHCARE ETFUS HLTHCARE ETF0.46%$582,0003.2K
45CLRUSDCONTINENTAL RESOURCES INC/OKCOM0.39%$492,00012.2K
46JPMJPMORGAN CHASE & COCOM0.38%$480,0004.9K
47POWERSHARES QQQ TRUST SERIESUNIT SER 10.38%$478,0003.1K
48TJXTJX COS INC NEWCOM0.36%$453,00010.1K
49AVEOEURAVEO PHARMACEUTICALS INCCOM0.33%$422,000263.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$296,726172May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$305,153176Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$320,154177Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$278,060177Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$232,620170May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$243,269179Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$227,597177Oct 22, 202413F-HRchanges · EDGAR ↗
Q2 2024$215,669171Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$211,041169May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$181,243168Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$148,812156Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$148,812156Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$169,549171May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review168Feb 2, 202313F-HRchanges · EDGAR ↗
Q3 2022$157M163Nov 4, 202213F-HRchanges · EDGAR ↗
Q2 2022$166M170Aug 5, 202213F-HRchanges · EDGAR ↗
Q1 2022$192M169May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$199M167Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$193M170Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$211M151Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$216M134May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$185M129Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$139M119Nov 2, 202013F-HRchanges · EDGAR ↗
Q2 2020$141M113Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$100M90May 19, 202013F-HRchanges · EDGAR ↗
Q4 2019$170M90Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$159M87Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$157M107Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$146M110May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$127M116Feb 14, 201913F-HRchanges · 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 ↗.