SEC 13F Intelligence

Managers / Q1 2019 · view latest →

X-Square Capital, LLC

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

Reported Value
$146M
Q1 2019
Positions
110
Filings on Record
30
2019–present window
Filed
May 15, 2019
original filing

Summary

X-Square Capital, LLC reported $146M in U.S.-listed holdings across 110 positions for Q1 2019.

Its largest position, OFG, represents 15.7% of the portfolio.

Compared with Q4 2018, the fund opened 6 new positions and exited 7.

Portfolio Metrics

Turnover
+8.7%
vs prior filed quarter
Top-10 Concentration
+57.7%
share of reported value
Largest Position
+15.7%
Ofg Bancorp
New / Exited
6 / 7
positions this quarter

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: 73.1%Other: 19.0%ADR: 6.3%ETP: 1.4%Closed-End Fund: 0.3%
  • Common Stock · 73.1% · $107M
  • Other · 19.0% · $28M
  • ADR · 6.3% · $9M
  • ETP · 1.4% · $2M
  • Closed-End Fund · 0.3% · $408,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WLLEURWHITING PETE CORP NEWNEW+107.7K107.7K+$3M$3M
DPZDOMINOS PIZZA INCNEW+7.8K7.8K+$2M$2M
BRK/ABERKSHIRE HATHAWAY INC DELNEW+22+$602,000$602,000
BMABANCO MACRO SANEW+11.4K11.4K+$523,000$523,000
GGALGRUPO FINANCIERO GALICIA S ANEW+19.1K19.1K+$488,000$488,000
LEGACY RESVS LPNEW+394.6K394.6K+$194,000$194,000
CMGCHIPOTLE MEXICAN GRILL INCSOLD OUT−5.5K0−$2M$0
T7DTRANSDIGM GROUP INCSOLD OUT−4.2K0−$1M$0

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

Holdings — Q1 2019

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OFGOFG BANCORPhistory →COM15.71%$23M1.16M
2ASSURED GUARANTY LTDCOM14.70%$21M482.8K
3BPOPPOPULAR INChistory →COM NEW9.45%$14M264.6K
4ARRYEURARRAY BIOPHARMA INChistory →COM3.32%$5M198.8K
5BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A3.11%$5M19.6K
6MUMICRON TECHNOLOGY INChistory →COM2.56%$4M90.5K
7MBIMBIA INChistory →COM2.50%$4M383.6K
8AAPLAPPLE INChistory →COM2.31%$3M17.7K
9METAFACEBOOK INC-Ahistory →CL A2.23%$3M19.5K
10AMDADVANCED MICRO DEVICES INChistory →COM2.23%$3M127.2K
11BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS2.23%$3M17.8K
12CALAVO GROWERS INCCOM2.13%$3M37.1K
13OSGAMBAC FINL GROUP INChistory →COM NEW2.08%$3M167.2K
14SKAASKECHERS U S A INChistory →CL A1.95%$3M84.7K
15VIPSVIPSHOP HLDGS LTDhistory →SPONSORED ADR1.95%$3M353.6K
16WLLEURWHITING PETE CORP NEWhistory →COM NEW1.90%$3M106.3K
17PYPLPAYPAL HLDGS INChistory →COM1.66%$2M23.4K
18SIENUSDSIENTRA INChistory →COM1.51%$2M256.5K
19AMZNAMAZON COM INChistory →COM1.43%$2M1.2K
20DPZDOMINOS PIZZA INChistory →COM1.39%$2M7.8K
214I1PHILIP MORRIS INTL INChistory →COM1.12%$2M18.4K
22TAT&T INChistory →COM1.10%$2M51.2K
23FBPFIRST BANCORP PUERTO RICOhistory →COM NEW1.04%$2M132.5K
24MOALTRIA GROUP INCCOM0.98%$1M24.9K
25LN5LANNETT CO INCCOM0.96%$1M178.0K
26RTN1USDRAYTHEON COCOM NEW0.94%$1M7.5K
27FIAT CHRYSLER AUTOMOBILES NSHS0.93%$1M91.5K
28XCYOPKO HEALTH INCCOM0.87%$1M485.0K
29VLOVALERO ENERGY CORP NEWCOM0.85%$1M14.7K
30WBWEIBO CORP-SPON ADRSPONSORED ADR0.81%$1M18.9K
31LMTLOCKHEED MARTIN CORPCOM0.77%$1M3.7K
32GDGENERAL DYNAMICS CORPCOM0.74%$1M6.4K
33GMGENERAL MTRS COCOM0.66%$960,00025.9K
34VANGUARD FTSE EMERGING MARKEFTSE EMR MKT ETF0.64%$934,00022.0K
35ARNAEURARENA PHARMACEUTICALS INCCOM NEW0.61%$894,00019.9K
36BXUSDBLACKSTONE GROUP L PCOM UNIT LTD0.57%$831,00023.8K
37BIDUNBAIDU INCSPON ADR REP A0.52%$758,0004.6K
38TJXTJX COS INC NEWCOM0.52%$758,00014.2K
39CLRUSDCONTINENTAL RESOURCES INC/OKCOM0.46%$677,00015.1K
40ZAGGEURZAGG INCCOM0.46%$677,00074.6K
41ISHARES U.S. HEALTHCARE ETFUS HLTHCARE ETF0.43%$623,0003.2K
42COSTCOSTCO WHSL CORP NEWCOM0.43%$622,0002.6K
43POWERSHARES QQQ TRUST SERIESUNIT SER 10.38%$557,0003.1K
44BMABANCO MACRO SASPON ADR B0.36%$523,00011.4K
45WIRELESS TELECOM GROUP INCCOM0.36%$520,000337.5K
46JPMJPMORGAN CHASE & COCOM0.34%$500,0004.9K
47GGALGRUPO FINANCIERO GALICIA S ASPONSORED ADR0.33%$488,00019.1K
48PGPROCTER AND GAMBLE COCOM0.32%$464,0004.5K
49INCYINCYTE CORPCOM0.32%$460,0005.3K

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 ↗.