SEC 13F Intelligence

Managers / Q2 2020 · view latest →

X-Square Capital, LLC

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

Reported Value
$141M
Q2 2020
Positions
113
Filings on Record
30
2019–present window
Filed
Aug 13, 2020
original filing

Summary

X-Square Capital, LLC reported $141M in U.S.-listed holdings across 113 positions for Q2 2020.

Its largest position, OFG, represents 16.1% of the portfolio.

Compared with Q1 2020, the fund opened 27 new positions and exited 15.

Portfolio Metrics

Turnover
+12.4%
vs prior filed quarter
Top-10 Concentration
+52.9%
share of reported value
Largest Position
+16.1%
Ofg Bancorp
New / Exited
27 / 15
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: 83.8%ETP: 10.5%Other: 2.8%ADR: 2.3%REIT: 0.5%Other: 0.1%
  • Common Stock · 83.8% · $118M
  • ETP · 10.5% · $15M
  • Other · 2.8% · $4M
  • ADR · 2.3% · $3M
  • REIT · 0.5% · $657,000
  • Other · 0.1% · $144,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UNITED STS GASOLINE FD LPNEW+272.2K272.2K+$5M$5M
VANECK VECTORS ETF TRNEW+74.1K74.1K+$3M$3M
XLESELECT SECTOR SPDR TRNEW+37.0K37.0K+$1M$1M
RTXRAYTHEON TECHNOLOGIES CORPNEW+20.6K20.6K+$1M$1M
ETSYETSY INCNEW+10.4K10.4K+$1M$1M
SHOPSHOPIFY INC - CLASS ANEW+1.1K1.1K+$1M$1M
GLOBAL X FDSNEW+27.5K27.5K+$1M$1M
MLB1MERCADOLIBRE INCNEW+1.0K1.0K+$1M$1M

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

Holdings — Q2 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OFGOFG BANCORPhistory →COM16.11%$23M1.70M
2FBPFIRST BANCORP PUERTO RICOhistory →COM NEW9.17%$13M2.31M
3BPOPPOPULAR INChistory →COM NEW8.33%$12M315.6K
4UNITED STS GASOLINE FD LPUNITS3.66%$5M272.2K
5METAFACEBOOK INC-Ahistory →CL A3.32%$5M20.6K
6EVTCEVERTEC INChistory →COM3.25%$5M162.9K
7MUMICRON TECHNOLOGY INChistory →COM3.16%$4M86.3K
8CALAVO GROWERS INCCOM2.02%$3M45.3K
9VANECK VECTORS ETF TRGOLD MINERS ETF1.93%$3M74.1K
10SKAASKECHERS U S A INChistory →CL A1.90%$3M85.1K
11TEVATEVA PHARMACEUTICAL-SP ADRhistory →SPONSORED ADS1.84%$3M210.1K
12BHCBAUSCH HEALTH COS INChistory →COM1.75%$2M134.4K
134I1PHILIP MORRIS INTL INChistory →COM1.64%$2M33.0K
14TAT&T INChistory →COM1.50%$2M69.8K
15MOALTRIA GROUP INChistory →COM1.44%$2M51.5K
16GDGENERAL DYNAMICS CORPhistory →COM1.43%$2M13.5K
17GOOGALPHABET INChistory →CAP STK CL C1.34%$2M1.3K
18LN5LANNETT CO INChistory →COM1.29%$2M250.3K
19BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.29%$2M10.1K
20CNSTCONSTELLATION PHARMACEUTICALhistory →COM1.15%$2M54.0K
21AMZNAMAZON COM INChistory →COM1.13%$2M576
22NAVINAVIENT CORPhistory →COM1.01%$1M202.6K
23ISHARES MSCI BRAZIL ETFMSCI BRAZIL ETF1.00%$1M49.1K
24XLESELECT SECTOR SPDR TRENERGY0.95%$1M35.2K
25AAPLAPPLE INCCOM0.92%$1M3.5K
26RTXRAYTHEON TECHNOLOGIES CORPCOM0.90%$1M20.6K
27BXUSDBLACKSTONE GROUP L PCOM UNIT LTD0.86%$1M21.3K
28SIENUSDSIENTRA INCCOM0.81%$1M294.0K
29VLOVALERO ENERGY CORP NEWCOM0.81%$1M19.3K
30XCYOPKO HEALTH INCCOM0.80%$1M332.4K
31JPMJPMORGAN CHASE & COCOM0.80%$1M12.0K
32ETSYETSY INCCOM0.78%$1M10.4K
33COSTCOSTCO WHSL CORP NEWCOM0.76%$1M3.5K
34ALLYALLY FINANCIAL INCCOM0.74%$1M52.3K
35GLOBAL X FDSGLOBAL X SILVER0.72%$1M27.5K
36MSFTMICROSOFT CORPCOM0.71%$1M4.9K
37SHOPSHOPIFY INC - CLASS ACL A0.71%$1M1.1K
38GMGENERAL MTRS COCOM0.71%$994,00039.3K
39TJXTJX COS INC NEWCOM0.70%$989,00019.6K
40MLB1MERCADOLIBRE INCCOM0.70%$979,000995
41CPRTCOPART INCCOM0.68%$958,00011.5K
42AMDADVANCED MICRO DEVICES INCCOM0.68%$951,00018.1K
43MCDMCDONALDS CORPCOM0.65%$917,0005.0K
44NDQINVESCO QQQ TRUNIT SER 10.62%$872,0003.5K
45PGPROCTER AND GAMBLE COCOM0.57%$801,0006.7K
46DIREXION SHS ETF TRDLY FIN BULL NEW0.55%$768,00024.6K
47LMTLOCKHEED MARTIN CORPCOM0.51%$713,0002.0K
48BACBANK AMER CORPCOM0.48%$669,00028.1K
49ELSEQUITY LIFESTYLE PROPERTIESCOM0.47%$657,00010.5K
50IBMINTL BUSINESS MACHINES CORPCOM0.46%$648,0005.4K

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 ↗.