SEC 13F Intelligence

Managers / Q3 2019 · view latest →

X-Square Capital, LLC

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

Reported Value
$159M
Q3 2019
Positions
87
Filings on Record
30
2019–present window
Filed
Nov 14, 2019
original filing

Summary

X-Square Capital, LLC reported $159M in U.S.-listed holdings across 87 positions for Q3 2019.

Its largest position, OFG, represents 16.0% of the portfolio.

Compared with Q2 2019, the fund opened 14 new positions and exited 7.

Portfolio Metrics

Turnover
+9.1%
vs prior filed quarter
Top-10 Concentration
+61.1%
share of reported value
Largest Position
+16.0%
Ofg Bancorp
New / Exited
14 / 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: 73.9%Other: 18.8%ADR: 5.2%ETP: 1.8%Closed-End Fund: 0.3%
  • Common Stock · 73.9% · $117M
  • Other · 18.8% · $30M
  • ADR · 5.2% · $8M
  • ETP · 1.8% · $3M
  • Closed-End Fund · 0.3% · $445,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BPOPPOPULAR INCNEW+136.8K136.8K+$7M$7M
CONTINENTAL RESOURCES INCNEW+28.0K28.0K+$862,000$862,000
NDQINVESCO QQQ TRNEW+3.1K3.1K+$585,000$585,000
AVEOEURAVEO PHARMACEUTICALS INCNEW+652.6K652.6K+$551,000$551,000
WMTWALMART INCNEW+3.7K3.7K+$444,000$444,000
AMGNAMGEN INCNEW+1.8K1.8K+$349,000$349,000
BACVERIZON COMMUNICATIONS INCNEW+4.4K4.4K+$264,000$264,000
TRVCCITIGROUP INCNEW+3.7K3.7K+$258,000$258,000

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

Holdings — Q3 2019

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OFGOFG BANCORPhistory →COM15.98%$25M1.16M
2ASSURED GUARANTY LTDCOM14.59%$23M520.8K
3FBPFIRST BANCORP PUERTO RICOhistory →COM NEW9.38%$15M1.49M
4BPOPPOPULAR INChistory →COM NEW4.66%$7M136.8K
5METAFACEBOOK INC-Ahistory →CL A3.14%$5M28.0K
6AAPLAPPLE INChistory →COM3.03%$5M21.5K
7BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS2.70%$4M25.6K
8MUMICRON TECHNOLOGY INChistory →COM2.59%$4M95.9K
9MBIMBIA INChistory →COM2.58%$4M443.5K
10BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW2.49%$4M19.0K
11AMDADVANCED MICRO DEVICES INChistory →COM2.30%$4M126.1K
12CALAVO GROWERS INCCOM2.15%$3M35.8K
13OSGAMBAC FINL GROUP INChistory →COM NEW2.03%$3M164.9K
14SKAASKECHERS U S A INChistory →CL A1.92%$3M81.6K
15VIPSVIPSHOP HLDGS LTDhistory →SPONSORED ADR1.91%$3M339.1K
16AMZNAMAZON COM INChistory →COM1.81%$3M1.7K
17TAT&T INChistory →COM1.72%$3M72.0K
184I1PHILIP MORRIS INTL INChistory →COM1.49%$2M31.2K
19PYPLPAYPAL HLDGS INChistory →COM1.48%$2M22.7K
20GDGENERAL DYNAMICS CORPhistory →COM1.46%$2M12.7K
21SIENUSDSIENTRA INChistory →COM1.12%$2M274.3K
22MOALTRIA GROUP INChistory →COM1.07%$2M41.7K
23RTN1USDRAYTHEON COCOM NEW0.98%$2M7.9K
24COSTCOSTCO WHSL CORP NEWCOM0.94%$1M5.2K
25LMTLOCKHEED MARTIN CORPCOM0.92%$1M3.7K
26VLOVALERO ENERGY CORP NEWCOM0.74%$1M13.9K
27FIAT CHRYSLER AUTOMOBILES NSHS0.71%$1M86.5K
28ISHARES TRCORE US AGGBD ET0.69%$1M9.7K
29WLLEURWHITING PETE CORP NEWCOM NEW0.67%$1M132.1K
30BXUSDBLACKSTONE GROUP L PCOM UNIT LTD0.65%$1M21.3K
31XCYOPKO HEALTH INCCOM0.63%$994,000475.8K
32GMGENERAL MTRS COCOM0.59%$938,00025.0K
33GOOGALPHABET INCCAP STK CL C0.57%$906,000743
34PGPROCTER AND GAMBLE COCOM0.54%$860,0006.9K
35WBWEIBO CORP-SPON ADRSPONSORED ADR0.52%$819,00018.3K
36TJXTJX COS INC NEWCOM0.49%$777,00013.9K
37MCDMCDONALDS CORPCOM0.41%$648,0003.0K
38JPMJPMORGAN CHASE & COCOM0.41%$643,0005.5K
39EXMOCEXXON MOBIL CORPCOM0.38%$602,0008.5K
40MSFTMICROSOFT CORPCOM0.38%$598,0004.3K
41JNJJOHNSON & JOHNSONCOM0.37%$588,0004.5K
42NDQINVESCO QQQ TRUNIT SER 10.37%$585,0003.1K
43AVEOEURAVEO PHARMACEUTICALS INCCOM0.35%$548,000649.1K
44WFCWELLS FARGO CO NEWCOM0.31%$498,0009.9K
45WIRELESS TELECOM GROUP INCCOM0.30%$472,000327.5K
46WMTWALMART INCCOM0.28%$444,0003.7K
47CLRUSDCONTINENTAL RESOURCES INC/OKCOM0.26%$411,00013.4K
48INCYINCYTE CORPCOM0.25%$390,0005.3K
49PFEPFIZER INCCOM0.22%$353,0009.8K

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 ↗.