SEC 13F Intelligence

Managers / Q3 2021 · view latest →

X-Square Capital, LLC

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

Reported Value
$193M
Q3 2021
Positions
170
Filings on Record
30
2019–present window
Filed
Nov 12, 2021
original filing

Summary

X-Square Capital, LLC reported $193M in U.S.-listed holdings across 170 positions for Q3 2021.

Its largest position, META, represents 3.3% of the portfolio.

Compared with Q2 2021, the fund opened 23 new positions and exited 3.

Portfolio Metrics

Turnover
+9.5%
vs prior filed quarter
Top-10 Concentration
+25.5%
share of reported value
Largest Position
+3.3%
Facebook Inc A
New / Exited
23 / 3
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: 81.1%ETP: 10.5%ADR: 5.4%Other: 2.8%REIT: 0.1%
  • Common Stock · 81.1% · $157M
  • ETP · 10.5% · $20M
  • ADR · 5.4% · $10M
  • Other · 2.8% · $6M
  • REIT · 0.1% · $248,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LVSLAS VEGAS SANDS CORPNEW+62.8K62.8K+$2M$2M
EXECHESAPEAKE ENERGY CORPNEW+9.2K9.2K+$564,000$564,000
USX1UNITED STATES STL CORP NEWNEW+20.5K20.5K+$450,000$450,000
OVVOVINTIV INCNEW+13.1K13.1K+$431,000$431,000
CLFCLEVELAND-CLIFFS INC NEWNEW+20.0K20.0K+$396,000$396,000
EOGEOG RESOURCES INCNEW+3.8K3.8K+$322,000$322,000
RIOTRIOT BLOCKCHAIN INCNEW+12.1K12.1K+$311,000$311,000
MAMASTERCARD INC - ANEW+727727+$250,000$250,000

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

Holdings — Q3 2021

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1V322DIREXION SHS ETF TRDLY ENRGY BULL2X · BRZ BL 2X SHS · SP BIOTCH BL NEW4.98%$10M277.0K
2METAFACEBOOK INC-Ahistory →CL A3.33%$6M19.0K
3OFGOFG BANCORPhistory →COM2.93%$6M224.7K
4FBPFIRST BANCORP PUERTO RICOhistory →COM NEW2.84%$5M416.8K
5BPOPPOPULAR INChistory →COM NEW2.70%$5M67.1K
6MUMICRON TECHNOLOGY INChistory →COM2.48%$5M67.7K
7CPRTCOPART INChistory →COM2.38%$5M33.2K
8JPMJPMORGAN CHASE & COhistory →COM2.15%$4M25.3K
9FANGDIAMONDBACK ENERGY INChistory →COM1.87%$4M37.7K
10ALLYALLY FINANCIAL INChistory →COM1.78%$3M67.1K
11GDGENERAL DYNAMICS CORPhistory →COM1.75%$3M17.3K
12PYPLPAYPAL HLDGS INChistory →COM1.73%$3M12.9K
13URIUNITED RENTALS INChistory →COM1.72%$3M9.5K
144I1PHILIP MORRIS INTL INChistory →COM1.64%$3M33.3K
15GMGENERAL MTRS COhistory →COM1.63%$3M59.6K
16NIONIO INChistory →SPON ADS1.62%$3M88.2K
178LP1LAREDO PETROLEUM INChistory →COM1.61%$3M38.5K
18BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.51%$3M10.7K
19GOOGALPHABET INChistory →CAP STK CL C1.50%$3M1.1K
20MLB1MERCADOLIBRE INChistory →COM1.31%$3M1.5K
21AMZNAMAZON COM INChistory →COM1.29%$2M761
22TPLTEXAS PACIFIC LAND CORPhistory →COM1.19%$2M1.9K
23LVSLAS VEGAS SANDS CORPhistory →COM1.19%$2M62.8K
24VANECK OIL SERVICES ETFOIL SVCS ETF1.17%$2M11.5K
25COSTCOSTCO WHSL CORP NEWhistory →COM1.16%$2M5.0K
26AAPLAPPLE INChistory →COM1.16%$2M15.8K
27BXBLACKSTONE GROUP L Phistory →COM CL A1.15%$2M19.1K
28MOALTRIA GROUP INChistory →COM1.14%$2M48.4K
29TFCTRUIST FINANCIAL CORPhistory →COM1.11%$2M36.5K
30LENLENNAR CORP-Ahistory →CL A1.11%$2M23.0K
31RTXRAYTHEON TECHNOLOGIES CORPhistory →COM1.08%$2M24.3K
32BHCBAUSCH HEALTH COS INChistory →COM1.02%$2M70.5K
33TEVATEVA PHARMACEUTICAL-SP ADRhistory →SPONSORED ADS1.01%$2M200.4K
34SHOPSHOPIFY INC - CLASS Ahistory →CL A1.01%$2M1.4K
35AVOMISSION PRODUCE INChistory →COM1.00%$2M105.5K
36AMDADVANCED MICRO DEVICES INCCOM0.99%$2M18.8K
37BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.99%$2M13.0K
38PHMPULTEGROUP INCCOM0.94%$2M39.6K
39NVDANVIDIA CORPCOM0.92%$2M8.6K
40ASSURED GUARANTY LTDCOM0.89%$2M36.9K
41SIENUSDSIENTRA INCCOM0.83%$2M281.0K
42NDQINVESCO QQQ TRUNIT SER 10.82%$2M4.5K
43BACBANK AMER CORPCOM0.80%$2M36.1K
44ZZILLOW GROUP INC - CCL C CAP STK0.80%$2M17.6K
45VLOVALERO ENERGY CORP NEWCOM0.72%$1M19.7K
46ZBRAZEBRA TECHNOLOGIES CORP-CL ACL A0.71%$1M2.7K
47TJXTJX COS INC NEWCOM0.71%$1M20.7K
48HDHOME DEPOT INCCOM0.70%$1M4.1K

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 ↗.