SEC 13F Intelligence

Managers / Q4 2020 · view latest →

X-Square Capital, LLC

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

Reported Value
$185M
Q4 2020
Positions
129
Filings on Record
30
2019–present window
Filed
Feb 12, 2021
original filing

Summary

X-Square Capital, LLC reported $185M in U.S.-listed holdings across 129 positions for Q4 2020.

Its largest position, OFG, represents 14.9% of the portfolio.

Compared with Q3 2020, the fund opened 21 new positions and exited 9.

Portfolio Metrics

Turnover
+10.4%
vs prior filed quarter
Top-10 Concentration
+46.3%
share of reported value
Largest Position
+14.9%
Ofg Bancorp
New / Exited
21 / 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: 79.2%ETP: 11.8%ADR: 5.9%Other: 3.0%
  • Common Stock · 79.2% · $147M
  • ETP · 11.8% · $22M
  • ADR · 5.9% · $11M
  • Other · 3.0% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ASSURED GUARANTY LTDNEW+100.8K100.8K+$3M$3M
FANGDIAMONDBACK ENERGY INCNEW+30.7K30.7K+$1M$1M
AVOMISSION PRODUCE INCNEW+94.3K94.3K+$1M$1M
BXBLACKSTONE GROUP L PNEW+19.1K19.1K+$1M$1M
CHVCHEVRON CORP NEWNEW+12.5K12.5K+$1M$1M
TCRRUSDTCR2 THERAPEUTICS INCNEW+32.3K32.3K+$1M$1M
ISHARES PHLX SEMICONDUCTOR ENEW+2.3K2.3K+$858,000$858,000
ZBRAZEBRA TECHNOLOGIES CORP-CL ANEW+2.0K2.0K+$774,000$774,000

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

Holdings — Q4 2020

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OFGOFG BANCORPhistory →COM14.86%$28M1.48M
2FBPFIRST BANCORP PUERTO RICOhistory →COM NEW10.01%$19M2.01M
3BPOPPOPULAR INChistory →COM NEW6.67%$12M219.6K
4DIREXION SHS ETF TRDLY FIN BULL NEW · BRZ BL 2X SHS · DLY SCOND 3XBU3.52%$7M68.6K
5MUMICRON TECHNOLOGY INChistory →COM3.15%$6M77.7K
6NIONIO INChistory →SPON ADS2.51%$5M95.5K
7METAFACEBOOK INC-Ahistory →CL A2.32%$4M15.7K
8CPRTCOPART INChistory →COM1.86%$3M27.1K
9ASSURED GUARANTY LTDCOM1.71%$3M100.8K
10BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.68%$3M13.4K
11PYPLPAYPAL HLDGS INChistory →COM1.41%$3M11.1K
12ISHARES TRCORE US AGGBD ET1.39%$3M21.8K
13GOOGALPHABET INChistory →CAP STK CL C1.37%$3M1.4K
14URIUNITED RENTALS INChistory →COM1.33%$2M10.7K
15VANECK VECTORS ETF TRGOLD MINERS ETF1.31%$2M67.4K
164I1PHILIP MORRIS INTL INChistory →COM1.27%$2M28.5K
17BHCBAUSCH HEALTH COS INChistory →COM1.23%$2M109.3K
18MLB1MERCADOLIBRE INChistory →COM1.19%$2M1.3K
19GDGENERAL DYNAMICS CORPhistory →COM1.14%$2M14.2K
20TEVATEVA PHARMACEUTICAL-SP ADRhistory →SPONSORED ADS1.13%$2M217.6K
21BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.13%$2M9.0K
22AMZNAMAZON COM INChistory →COM1.12%$2M635
23DPZDOMINO'S PIZZA INChistory →COM1.10%$2M5.3K
24ALLYALLY FINANCIAL INChistory →COM1.04%$2M54.3K
25AAPLAPPLE INCCOM0.95%$2M13.3K
26JPMJPMORGAN CHASE & COCOM0.88%$2M12.9K
27MOALTRIA GROUP INCCOM0.88%$2M39.7K
28GMGENERAL MTRS COCOM0.82%$2M36.5K
29FANGDIAMONDBACK ENERGY INCCOM0.80%$1M30.7K
30CALAVO GROWERS INCCOM0.78%$1M20.8K
31CNSTCONSTELLATION PHARMACEUTICALCOM0.77%$1M49.4K
32AVOMISSION PRODUCE INCCOM0.77%$1M94.3K
33NDQINVESCO QQQ TRUNIT SER 10.75%$1M4.4K
34RTXRAYTHEON TECHNOLOGIES CORPCOM0.75%$1M19.4K
35AMDADVANCED MICRO DEVICES INCCOM0.74%$1M15.0K
36NVDANVIDIA CORPCOM0.73%$1M2.6K
37LENLENNAR CORP-ACL A0.73%$1M17.7K
38COSTCOSTCO WHSL CORP NEWCOM0.72%$1M3.5K
39GLOBAL X FDSGLOBAL X SILVER0.70%$1M28.5K
40SHOPSHOPIFY INC - CLASS ACL A0.70%$1M1.1K
41PHMPULTEGROUP INCCOM0.70%$1M30.0K
42XLESELECT SECTOR SPDR TRENERGY0.69%$1M33.9K
43WMTWALMART INCCOM0.68%$1M8.7K
44BXBLACKSTONE GROUP L PCOM CL A0.67%$1M19.1K
45MSFTMICROSOFT CORPCOM0.65%$1M5.4K
46TJXTJX COS INC NEWCOM0.64%$1M17.5K
47SIENUSDSIENTRA INCCOM0.60%$1M287.0K
48CHVCHEVRON CORP NEWCOM0.57%$1M12.5K

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 ↗.