Managers / Q1 2021 · view latest →
X-Square Capital, LLC
CIK 0001729300 · STE. 802, 90 CARR 165, GUAYNABO, PR, 00968 · 787-282-1621
Reported Value
$216M
Q1 2021
Positions
134
Filings on Record
30
2019–present window
Filed
May 13, 2021
original filing
Summary
X-Square Capital, LLC reported $216M in U.S.-listed holdings across 134 positions for Q1 2021.
Its largest position, OFG, represents 14.5% of the portfolio.
Compared with Q4 2020, the fund opened 19 new positions and exited 5.
Portfolio Metrics
Turnover
+6.4%
vs prior filed quarter
Top-10 Concentration
+49.9%
share of reported value
Largest Position
+14.5%
Ofg Bancorp
New / Exited
19 / 5
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Portfolio Composition
By security type
- Common Stock · 78.7% · $170M
- ETP · 11.8% · $26M
- ADR · 5.6% · $12M
- Other · 3.9% · $8M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| VANECK OIL SERVICES | NEW | +8.7K | 8.7K | +$2M | $2M |
| TPLTEXAS PACIFIC LAND CORP | NEW | +790 | 790 | +$1M | $1M |
| VIPSVIPSHOP HOLDINGS LTD - ADR | NEW | +39.9K | 39.9K | +$1M | $1M |
| ZZILLOW GROUP INC - C | NEW | +7.1K | 7.1K | +$920,000 | $920,000 |
| YINNEURDRX DLY FTSE CHINA BULL 3X | NEW | +29.2K | 29.2K | +$563,000 | $563,000 |
| BMTABRITISH AMERICAN TOB-SP ADR | NEW | +13.1K | 13.1K | +$507,000 | $507,000 |
| ISHARES MSCI BRAZIL ETF | NEW | +11.9K | 11.9K | +$397,000 | $397,000 |
| CARGCARGURUS INC | NEW | +13.9K | 13.9K | +$331,000 | $331,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2021
113 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | OFGOFG BANCORPhistory → | COM | 14.47% | $31M | 1.38M |
| 2 | FBPFIRST BANCORP PUERTO RICOhistory → | COM NEW | 9.71% | $21M | 1.87M |
| 3 | V322DIREXION SHS ETF TR | DLY FIN BULL NEW · DLY ENRGY BULL2X · DLY SCOND 3XBU · BRZ BL 2X SHS · SP BIOTCH BL NEW · DRX S&P500BULL | 6.38% | $14M | 297.9K |
| 4 | BPOPPOPULAR INChistory → | COM NEW | 6.33% | $14M | 194.7K |
| 5 | MUMICRON TECHNOLOGY INChistory → | COM | 3.31% | $7M | 81.1K |
| 6 | ASSURED GUARANTY LTD | COM | 2.67% | $6M | 136.8K |
| 7 | METAFACEBOOK INC-Ahistory → | CL A | 2.29% | $5M | 16.8K |
| 8 | NIONIO INChistory → | SPON ADS | 1.62% | $4M | 90.0K |
| 9 | BHCBAUSCH HEALTH COS INChistory → | COM | 1.62% | $4M | 110.5K |
| 10 | CPRTCOPART INChistory → | COM | 1.49% | $3M | 29.7K |
| 11 | JPMJPMORGAN CHASE & COhistory → | COM | 1.38% | $3M | 19.7K |
| 12 | BABAALIBABA GROUP HLDG LTDhistory → | SPONSORED ADS | 1.38% | $3M | 13.1K |
| 13 | GOOGALPHABET INChistory → | CAP STK CL C | 1.34% | $3M | 1.4K |
| 14 | GDGENERAL DYNAMICS CORPhistory → | COM | 1.25% | $3M | 14.9K |
| 15 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 1.25% | $3M | 9.1K |
| 16 | 4I1PHILIP MORRIS INTL INChistory → | COM | 1.23% | $3M | 30.0K |
| 17 | TEVATEVA PHARMACEUTICAL-SP ADRhistory → | SPONSORED ADS | 1.22% | $3M | 228.0K |
| 18 | PYPLPAYPAL HLDGS INChistory → | COM | 1.22% | $3M | 10.8K |
| 19 | ALLYALLY FINANCIAL INChistory → | COM | 1.19% | $3M | 56.9K |
| 20 | GMGENERAL MTRS COhistory → | COM | 1.12% | $2M | 42.3K |
| 21 | MOALTRIA GROUP INChistory → | COM | 1.05% | $2M | 44.4K |
| 22 | URIUNITED RENTALS INChistory → | COM | 1.03% | $2M | 6.8K |
| 23 | FANGDIAMONDBACK ENERGY INChistory → | COM | 1.01% | $2M | 29.8K |
| 24 | MLB1MERCADOLIBRE INC | COM | 0.98% | $2M | 1.4K |
| 25 | SIENUSDSIENTRA INC | COM | 0.97% | $2M | 289.1K |
| 26 | LENLENNAR CORP-A | CL A | 0.88% | $2M | 18.9K |
| 27 | ISHARES TR | US HOME CONS ETF · 1 3 YR TREAS BD | 0.86% | $2M | 24.7K |
| 28 | AVOMISSION PRODUCE INC | COM | 0.85% | $2M | 96.3K |
| 29 | AMZNAMAZON COM INC | COM | 0.84% | $2M | 584 |
| 30 | VANECK VECTORS ETF TR | GOLD MINERS ETF | 0.82% | $2M | 54.8K |
| 31 | PHMPULTEGROUP INC | COM | 0.78% | $2M | 32.3K |
| 32 | VANECK OIL SERVICES | OIL SVCS ETF | 0.77% | $2M | 8.7K |
| 33 | CALAVO GROWERS INC | COM | 0.77% | $2M | 21.4K |
| 34 | XLESELECT SECTOR SPDR TR | ENERGY | 0.76% | $2M | 33.4K |
| 35 | RTXRAYTHEON TECHNOLOGIES CORP | COM | 0.74% | $2M | 20.7K |
| 36 | AAPLAPPLE INC | COM | 0.69% | $1M | 12.2K |
| 37 | TFCTRUIST FINANCIAL CORP | COM | 0.68% | $1M | 25.3K |
| 38 | DPZDOMINO'S PIZZA INC | COM | 0.67% | $1M | 3.9K |
| 39 | COSTCOSTCO WHSL CORP NEW | COM | 0.66% | $1M | 4.1K |
| 40 | BXBLACKSTONE GROUP L P | COM CL A | 0.66% | $1M | 19.1K |
| 41 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.65% | $1M | 4.4K |
| 42 | SHOPSHOPIFY INC - CLASS A | CL A | 0.65% | $1M | 1.3K |
| 43 | NVDANVIDIA CORP | COM | 0.61% | $1M | 2.5K |
| 44 | VLOVALERO ENERGY CORP NEW | COM | 0.61% | $1M | 18.5K |
| 45 | TJXTJX COS INC NEW | COM | 0.60% | $1M | 19.6K |
| 46 | TPLTEXAS PACIFIC LAND CORP | COM | 0.58% | $1M | 790 |
| 47 | AMDADVANCED MICRO DEVICES INC | COM | 0.57% | $1M | 15.8K |
| 48 | CNSTCONSTELLATION PHARMACEUTICAL | COM | 0.56% | $1M | 51.5K |
| 49 | VIPSVIPSHOP HOLDINGS LTD - ADR | SPONSORED ADS A | 0.55% | $1M | 39.9K |
| 50 | BACBANK AMER CORP | COM | 0.55% | $1M | 30.6K |
| 51 | WMTWALMART INC | COM | 0.53% | $1M | 8.4K |
| 52 | CHVCHEVRON CORP NEW | COM | 0.52% | $1M | 10.8K |
| 53 | SPDR S&P 500 ETF TR | TR UNIT | 0.49% | $1M | 2.6K |
| 54 | ZBRAZEBRA TECHNOLOGIES CORP-CL A | CL A | 0.48% | $1M | 2.1K |
| 55 | HDHOME DEPOT INC | COM | 0.47% | $1M | 3.3K |
| 56 | MSFTMICROSOFT CORP | COM | 0.46% | $991,000 | 4.2K |
| 57 | XCYOPKO HEALTH INC | COM | 0.44% | $950,000 | 221.4K |
| 58 | MKTXMARKETAXESS HOLDINGS INC | COM | 0.43% | $936,000 | 1.9K |
| 59 | 8LP1LAREDO PETROLEUM INC | COM | 0.43% | $925,000 | 30.8K |
| 60 | ZZILLOW GROUP INC - C | CL C CAP STK | 0.43% | $920,000 | 7.1K |
| 61 | DYHTARGET CORP | COM | 0.42% | $913,000 | 4.6K |
| 62 | AMGNAMGEN INC | COM | 0.41% | $877,000 | 3.5K |
| 63 | COTYCOTY INC-CL A | COM CL A | 0.40% | $866,000 | 96.1K |
| 64 | LMTLOCKHEED MARTIN CORP | COM | 0.39% | $835,000 | 2.3K |
| 65 | OXYOCCIDENTAL PETROLEUM CORP | COM | 0.38% | $827,000 | 31.1K |
| 66 | FASTFASTENAL CO | COM | 0.37% | $809,000 | 16.1K |
| 67 | WBWEIBO CORP-SPON ADR | SPONSORED ADR | 0.37% | $804,000 | 15.9K |
| 68 | TCRRUSDTCR2 THERAPEUTICS INC | COM | 0.37% | $790,000 | 35.8K |
| 69 | JNJJOHNSON & JOHNSON | COM | 0.36% | $786,000 | 4.8K |
| 70 | AVEO PHARMACEUTICALS INC | COM NEW | 0.34% | $741,000 | 101.2K |
| 71 | EXMOCEXXON MOBIL CORP | COM | 0.34% | $731,000 | 13.1K |
| 72 | MCDMCDONALDS CORP | COM | 0.31% | $665,000 | 3.0K |
| 73 | GLOBAL X FDS | GLOBAL X SILVER | 0.30% | $653,000 | 16.4K |
| 74 | PGPROCTER AND GAMBLE CO | COM | 0.28% | $602,000 | 4.4K |
| 75 | YINNEURDRX DLY FTSE CHINA BULL 3X | DL FTSE BLL 3X | 0.26% | $563,000 | 29.2K |
| 76 | BMTABRITISH AMERICAN TOB-SP ADR | SPONSORED ADR | 0.23% | $507,000 | 13.1K |
| 77 | ETF MANAGERS TR | PRIME CYBR SCRTY | 0.23% | $500,000 | 9.1K |
| 78 | UPSUNITED PARCEL SERVICE-CL B | CL B NEW | 0.23% | $500,000 | 2.9K |
| 79 | GARMIN LTD | SHS | 0.23% | $496,000 | 3.8K |
| 80 | SBUXSTARBUCKS CORP | COM | 0.23% | $495,000 | 4.5K |
| 81 | SKAASKECHERS U S A INC | CL A | 0.23% | $494,000 | 11.8K |
| 82 | KOCOCA-COLA CO/THE | COM | 0.23% | $488,000 | 9.3K |
| 83 | PSXPHILLIPS 66 | COM | 0.22% | $480,000 | 5.9K |
| 84 | ISHARES MSCI BRAZIL ETF | MSCI BRAZIL ETF | 0.18% | $397,000 | 11.9K |
| 85 | EVTCEVERTEC INC | COM | 0.18% | $393,000 | 10.6K |
| 86 | CMGCHIPOTLE MEXICAN GRILL INC | COM | 0.18% | $379,000 | 267 |
| 87 | TSMTAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 0.17% | $373,000 | 3.2K |
| 88 | PFEPFIZER INC | COM | 0.17% | $359,000 | 9.9K |
| 89 | CB1ACONSTELLATION BRANDS INC-A | CL A | 0.16% | $348,000 | 1.5K |
| 90 | CARGCARGURUS INC | COM CL A | 0.15% | $331,000 | 13.9K |
| 91 | TRVCCITIGROUP INC | COM NEW | 0.15% | $321,000 | 4.4K |
| 92 | PIIMPINJ INC | COM | 0.14% | $304,000 | 5.3K |
| 93 | DGDOLLAR GENERAL CORP | COM | 0.14% | $299,000 | 1.5K |
| 94 | MRKMERCK & CO. INC. | COM | 0.13% | $280,000 | 3.6K |
| 95 | TDTORONTO-DOMINION BANK | COM | 0.13% | $280,000 | 4.3K |
| 96 | AXD2HERON THERAPEUTICS INC | COM | 0.12% | $256,000 | 15.8K |
| 97 | ARANTERO RESOURCES CORP | COM | 0.12% | $255,000 | 25.0K |
| 98 | WFCWELLS FARGO & CO | COM | 0.12% | $253,000 | 6.5K |
| 99 | SALARIUS PHARMACEUTICALS INC | COM NEW | 0.11% | $245,000 | 165.7K |
| 100 | KMBKIMBERLY-CLARK CORP | COM | 0.11% | $239,000 | 1.7K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $296,726 | 172 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $305,153 | 176 | Feb 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $320,154 | 177 | Nov 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $278,060 | 177 | Aug 5, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $232,620 | 170 | May 9, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $243,269 | 179 | Feb 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $227,597 | 177 | Oct 22, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $215,669 | 171 | Aug 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $211,041 | 169 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $181,243 | 168 | Feb 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $148,812 | 156 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $148,812 | 156 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $169,549 | 171 | May 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | Under review | 168 | Feb 2, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $157M | 163 | Nov 4, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $166M | 170 | Aug 5, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $192M | 169 | May 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $199M | 167 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $193M | 170 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $211M | 151 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $216M | 134 | May 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $185M | 129 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $139M | 119 | Nov 2, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $141M | 113 | Aug 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $100M | 90 | May 19, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $170M | 90 | Feb 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $159M | 87 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $157M | 107 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $146M | 110 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $127M | 116 | Feb 14, 2019 | 13F-HR | changes · 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 ↗.