SEC 13F Intelligence

Managers / Q3 2020 · view latest →

X-Square Capital, LLC

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

Reported Value
$139M
Q3 2020
Positions
119
Filings on Record
30
2019–present window
Filed
Nov 2, 2020
original filing

Summary

X-Square Capital, LLC reported $139M in U.S.-listed holdings across 119 positions for Q3 2020.

Its largest position, OFG, represents 13.3% of the portfolio.

Compared with Q2 2020, the fund opened 20 new positions and exited 16.

Portfolio Metrics

Turnover
+20.6%
vs prior filed quarter
Top-10 Concentration
+45.8%
share of reported value
Largest Position
+13.3%
Ofg Bancorp
New / Exited
20 / 16
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: 77.3%ETP: 15.1%ADR: 4.4%Other: 2.4%REIT: 0.7%
  • Common Stock · 77.3% · $107M
  • ETP · 15.1% · $21M
  • ADR · 4.4% · $6M
  • Other · 2.4% · $3M
  • REIT · 0.7% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+26.8K26.8K+$3M$3M
NIONIO INCNEW+84.4K84.4K+$2M$2M
DPZDOMINO'S PIZZA INCNEW+4.1K4.1K+$2M$2M
BABAALIBABA GROUP HLDG LTDNEW+5.4K5.4K+$2M$2M
HDHOME DEPOT INCNEW+3.8K3.8K+$1M$1M
DIREXION SHS ETF TRNEW+3.7K3.7K+$925,000$925,000
ISHARES TRNEW+13.4K13.4K+$758,000$758,000
FASTFASTENAL CONEW+15.0K15.0K+$675,000$675,000

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

Holdings — Q3 2020

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OFGOFG BANCORPhistory →COM13.33%$19M1.48M
2FBPFIRST BANCORP PUERTO RICOhistory →COM NEW7.57%$10M2.01M
3BPOPPOPULAR INChistory →COM NEW5.74%$8M219.7K
4EVTCEVERTEC INChistory →COM3.79%$5M151.7K
5METAFACEBOOK INC-Ahistory →CL A3.79%$5M20.1K
6ISHARES TRCORE US AGGBD ET · US HOME CONS ETF2.82%$4M40.2K
7UNITED STS GASOLINE FD LPUNITS2.62%$4M182.7K
8MUMICRON TECHNOLOGY INChistory →COM2.61%$4M77.1K
9VANECK VECTORS ETF TRGOLD MINERS ETF2.06%$3M73.2K
10CPRTCOPART INChistory →COM2.04%$3M26.9K
11CALAVO GROWERS INCCOM1.87%$3M39.2K
12DIREXION SHS ETF TRDLY FIN BULL NEW · DLY SCOND 3XBU1.74%$2M47.6K
13GOOGALPHABET INChistory →CAP STK CL C1.69%$2M1.6K
14PYPLPAYPAL HLDGS INChistory →COM1.64%$2M11.5K
15AMZNAMAZON COM INChistory →COM1.56%$2M687
164I1PHILIP MORRIS INTL INChistory →COM1.52%$2M28.2K
17BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.39%$2M9.1K
18GDGENERAL DYNAMICS CORPhistory →COM1.38%$2M13.9K
19TEVATEVA PHARMACEUTICAL-SP ADRhistory →SPONSORED ADS1.33%$2M204.7K
20BHCBAUSCH HEALTH COS INChistory →COM1.30%$2M115.7K
21NIONIO INChistory →SPON ADS1.29%$2M84.4K
22DPZDOMINO'S PIZZA INChistory →COM1.26%$2M4.1K
23BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.14%$2M5.4K
24MOALTRIA GROUP INChistory →COM1.08%$2M38.9K
25LENLENNAR CORP-Ahistory →CL A1.01%$1M17.2K
26ISHARES MSCI BRAZIL ETFMSCI BRAZIL ETF0.98%$1M49.1K
27ALLYALLY FINANCIAL INCCOM0.97%$1M53.5K
28PHMPULTEGROUP INCCOM0.96%$1M28.8K
29GLOBAL X FDSGLOBAL X SILVER0.91%$1M29.0K
30NDQINVESCO QQQ TRUNIT SER 10.89%$1M4.4K
31COSTCOSTCO WHSL CORP NEWCOM0.88%$1M3.4K
32SHOPSHOPIFY INC - CLASS ACL A0.82%$1M1.1K
33MLB1MERCADOLIBRE INCCOM0.82%$1M1.0K
34NVDANVIDIA CORPCOM0.81%$1M2.1K
35JPMJPMORGAN CHASE & COCOM0.81%$1M11.7K
36RTXRAYTHEON TECHNOLOGIES CORPCOM0.81%$1M19.5K
37AAPLAPPLE INCCOM0.81%$1M9.7K
38AMDADVANCED MICRO DEVICES INCCOM0.78%$1M13.3K
39TJXTJX COS INC NEWCOM0.77%$1M19.1K
40GMGENERAL MTRS COCOM0.76%$1M35.8K
41XLESELECT SECTOR SPDR TRENERGY0.76%$1M35.2K
42ELSEQUITY LIFESTYLE PROPERTIESCOM0.74%$1M16.7K
43CNSTCONSTELLATION PHARMACEUTICALCOM0.72%$1M49.4K
44BXUSDBLACKSTONE GROUP L PCOM UNIT LTD0.72%$997,00019.1K
45SIENUSDSIENTRA INCCOM0.71%$979,000288.0K
46HDHOME DEPOT INCCOM0.69%$956,0003.4K
47WMTWALMART INCCOM0.65%$903,0006.5K
48MSFTMICROSOFT CORPCOM0.60%$835,0004.0K

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 ↗.