SEC 13F Intelligence

Managers / Q2 2019 · view latest →

X-Square Capital, LLC

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

Reported Value
$157M
Q2 2019
Positions
107
Filings on Record
30
2019–present window
Filed
Aug 14, 2019
original filing

Summary

X-Square Capital, LLC reported $157M in U.S.-listed holdings across 107 positions for Q2 2019.

Its largest position, OFG, represents 17.6% of the portfolio.

Compared with Q1 2019, the fund opened 8 new positions and exited 9.

Portfolio Metrics

Turnover
+17.4%
vs prior filed quarter
Top-10 Concentration
+61.6%
share of reported value
Largest Position
+17.6%
Ofg Bancorp
New / Exited
8 / 9
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: 73.8%Other: 18.0%ADR: 5.3%ETP: 2.6%Closed-End Fund: 0.3%
  • Common Stock · 73.8% · $116M
  • Other · 18.0% · $28M
  • ADR · 5.3% · $8M
  • ETP · 2.6% · $4M
  • Closed-End Fund · 0.3% · $432,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+9.7K9.7K+$1M$1M
VANGUARD TAX MANAGED INTL FDNEW+7.7K7.7K+$319,000$319,000
PFEPFIZER INCNEW+6.9K6.9K+$300,000$300,000
VTVVANGUARD INDEX FDSNEW+2.6K2.6K+$288,000$288,000
VUGVANGUARD INDEX FDSNEW+1.8K1.8K+$287,000$287,000
MCDMCDONALDS CORPNEW+1.1K1.1K+$234,000$234,000
KOCOCA COLA CONEW+4.0K4.0K+$204,000$204,000
KMBKIMBERLY CLARK CORPNEW+1.5K1.5K+$203,000$203,000

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

Holdings — Q2 2019

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OFGOFG BANCORPhistory →COM17.64%$28M1.16M
2ASSURED GUARANTY LTDCOM14.02%$22M522.8K
3FBPFIRST BANCORP PUERTO RICOhistory →COM NEW10.30%$16M1.46M
4METAFACEBOOK INC-Ahistory →CL A3.54%$6M28.8K
5AAPLAPPLE INChistory →COM3.16%$5M25.0K
6BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A3.11%$5M19.9K
7BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS2.72%$4M25.2K
8MBIMBIA INChistory →COM2.66%$4M448.6K
9AMDADVANCED MICRO DEVICES INChistory →COM2.49%$4M128.4K
10MUMICRON TECHNOLOGY INChistory →COM2.33%$4M94.5K
11CALAVO GROWERS INCCOM2.29%$4M37.2K
12VIPSVIPSHOP HLDGS LTDhistory →SPONSORED ADR1.95%$3M353.6K
13AMZNAMAZON COM INChistory →COM1.95%$3M1.6K
14OSGAMBAC FINL GROUP INChistory →COM NEW1.80%$3M167.2K
15PYPLPAYPAL HLDGS INChistory →COM1.71%$3M23.4K
16SKAASKECHERS U S A INChistory →CL A1.70%$3M84.7K
17WLLEURWHITING PETE CORP NEWhistory →COM NEW1.67%$3M140.3K
18GDGENERAL DYNAMICS CORPhistory →COM1.44%$2M12.5K
19TAT&T INChistory →COM1.42%$2M66.6K
204I1PHILIP MORRIS INTL INChistory →COM1.40%$2M27.9K
21MOALTRIA GROUP INChistory →COM1.17%$2M38.9K
22SIENUSDSIENTRA INChistory →COM1.11%$2M283.5K
23LMTLOCKHEED MARTIN CORPCOM0.94%$1M4.1K
24COSTCOSTCO WHSL CORP NEWCOM0.88%$1M5.2K
25RTN1USDRAYTHEON COCOM NEW0.85%$1M7.7K
26FIAT CHRYSLER AUTOMOBILES NSHS0.81%$1M91.5K
27VLOVALERO ENERGY CORP NEWCOM0.81%$1M14.8K
28XCYOPKO HEALTH INCCOM0.75%$1M485.0K
29LN5LANNETT CO INCCOM0.69%$1M178.0K
30ISHARES TRCORE US AGGBD ET0.69%$1M9.7K
31BXUSDBLACKSTONE GROUP L PCOM UNIT LTD0.67%$1M23.8K
32VANGUARD FTSE EMERGING MARKEFTSE EMR MKT ETF0.66%$1M24.3K
33GMGENERAL MTRS COCOM0.64%$1M26.0K
34TJXTJX COS INC NEWCOM0.53%$831,00015.7K
35WBWEIBO CORP-SPON ADRSPONSORED ADR0.53%$825,00018.9K
36GOOGALPHABET INCCAP STK CL C0.51%$803,000743
37CLRUSDCONTINENTAL RESOURCES INC/OKCOM0.41%$636,00015.1K
38ISHARES U.S. HEALTHCARE ETFUS HLTHCARE ETF0.40%$628,0003.2K
39PGPROCTER AND GAMBLE COCOM0.39%$619,0005.6K
40JPMJPMORGAN CHASE & COCOM0.38%$591,0005.3K
41POWERSHARES QQQ TRUST SERIESUNIT SER 10.37%$579,0003.1K
42WIRELESS TELECOM GROUP INCCOM0.34%$533,000337.5K
43ZAGGEURZAGG INCCOM0.33%$519,00074.6K
44CB1ACONSTELLATION BRANDS INC-ACL A0.32%$498,0002.5K
45AMATAPPLIED MATERIALS INCCOM0.31%$494,00011.0K
46EXMOCEXXON MOBIL CORPCOM0.31%$492,0006.4K
47MSFTMICROSOFT CORPCOM0.31%$490,0003.7K
48INCYINCYTE CORPCOM0.29%$454,0005.3K
49JNJJOHNSON & JOHNSONCOM0.25%$395,0002.8K

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 ↗.