SEC 13F Intelligence

Managers / Q1 2022 · view latest →

X-Square Capital, LLC

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

Reported Value
$192M
Q1 2022
Positions
169
Filings on Record
30
2019–present window
Filed
May 12, 2022
original filing

Summary

X-Square Capital, LLC reported $192M in U.S.-listed holdings across 169 positions for Q1 2022.

Its largest position, XLE, represents 3.2% of the portfolio.

Compared with Q4 2021, the fund opened 14 new positions and exited 11.

Portfolio Metrics

Turnover
+16.9%
vs prior filed quarter
Top-10 Concentration
+23.5%
share of reported value
Largest Position
+3.2%
Select Sector Spdr Tr
New / Exited
14 / 11
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: 82.3%ETP: 10.2%ADR: 5.7%Other: 1.8%
  • Common Stock · 82.3% · $158M
  • ETP · 10.2% · $20M
  • ADR · 5.7% · $11M
  • Other · 1.8% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BTUPEABODY ENERGY CORPNEW+129.1K129.1K+$3M$3M
MARAMARATHON DIGITAL HOLDINGS INNEW+36.9K36.9K+$1M$1M
EXMOCEXXON MOBIL CORPNEW+6.3K6.3K+$520,000$520,000
TUSKMAMMOTH ENERGY SERVICES INCNEW+200.0K200.0K+$426,000$426,000
RHRHNEW+1.2K1.2K+$378,000$378,000
RIOTRIOT BLOCKCHAIN INCNEW+17.1K17.1K+$362,000$362,000
RSX1USDVANECK RUSSIA ETFNEW+58.8K58.8K+$332,000$332,000
CALMCAL-MAINE FOODS INCNEW+4.3K4.3K+$236,000$236,000

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

Holdings — Q1 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1XLESELECT SECTOR SPDR TRhistory →ENERGY3.24%$6M81.6K
2TELLEURTELLURIAN INC NEWhistory →COM3.06%$6M1.11M
3MUMICRON TECHNOLOGY INChistory →COM2.39%$5M59.1K
4FBPFIRST BANCORP PUERTO RICOhistory →COM NEW2.38%$5M349.0K
5METAFACEBOOK INC-Ahistory →CL A2.21%$4M19.1K
6BPOPPOPULAR INChistory →COM NEW2.17%$4M51.1K
7GDGENERAL DYNAMICS CORPhistory →COM2.08%$4M16.6K
8OFGOFG BANCORPhistory →COM2.07%$4M149.4K
9BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.97%$4M10.8K
10VANECK OIL SERVICES ETFOIL SVCS ETF1.90%$4M13.0K
11JPMJPMORGAN CHASE & COhistory →COM1.73%$3M24.4K
12GOOGALPHABET INChistory →CAP STK CL C1.65%$3M1.1K
13BTUPEABODY ENERGY CORPhistory →COM1.65%$3M129.1K
148LP1LAREDO PETROLEUM INChistory →COM1.64%$3M39.8K
154I1PHILIP MORRIS INTL INChistory →COM1.57%$3M32.2K
16ALLYALLY FINANCIAL INChistory →COM1.53%$3M67.5K
17DIREXION SHS ETF TRBRZ BL 2X SHS1.52%$3M24.8K
18PYPLPAYPAL HLDGS INChistory →COM1.51%$3M25.1K
19COSTCOSTCO WHSL CORP NEWhistory →COM1.49%$3M5.0K
20VALE SA-SP ADRSPONSORED ADS1.44%$3M138.4K
21CPRTCOPART INChistory →COM1.32%$3M20.2K
22MOALTRIA GROUP INChistory →COM1.31%$3M48.4K
23TPLTEXAS PACIFIC LAND CORPhistory →COM1.30%$3M1.9K
24LMTLOCKHEED MARTIN CORPhistory →COM1.28%$2M5.6K
25BXBLACKSTONE GROUP L Phistory →COM CL A1.26%$2M19.1K
26RTXRAYTHEON TECHNOLOGIES CORPhistory →COM1.12%$2M21.7K
27TFCTRUIST FINANCIAL CORPhistory →COM1.09%$2M36.9K
28AMZNAMAZON COM INChistory →COM1.08%$2M638
29SICPSILVERGATE CAPITAL CORP-CL Ahistory →CL A1.06%$2M13.5K
30NVDANVIDIA CORPhistory →COM1.03%$2M7.2K
31AAPLAPPLE INChistory →COM1.02%$2M11.3K
32FANGDIAMONDBACK ENERGY INChistory →COM1.01%$2M14.2K
33AMDADVANCED MICRO DEVICES INCCOM0.99%$2M17.5K
34TEVATEVA PHARMACEUTICAL-SP ADRSPONSORED ADS0.99%$2M203.4K
35AMGNAMGEN INCCOM0.99%$2M7.9K
36MLB1MERCADOLIBRE INCCOM0.99%$2M1.6K
37LENLENNAR CORP-ACL A0.97%$2M23.0K
38NIONIO INCSPON ADS0.97%$2M88.3K
39GMGENERAL MTRS COCOM0.97%$2M42.5K
40BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.94%$2M16.5K
41OXYOCCIDENTAL PETROLEUM CORPCOM0.92%$2M31.1K
42ARANTERO RESOURCES CORPCOM0.87%$2M55.0K
43PHMPULTEGROUP INCCOM0.87%$2M39.9K
44COTYCOTY INC-CL ACOM CL A0.85%$2M181.9K
45BHCBAUSCH HEALTH COS INCCOM0.84%$2M70.5K
46NDQINVESCO QQQ TRUNIT SER 10.83%$2M4.4K
47WMTWALMART INCCOM0.81%$2M10.5K
48DPZDOMINO'S PIZZA INCCOM0.81%$2M3.8K
49RANGER OIL CORPORATIONCLASS A COM0.81%$2M45.1K
50SUSUNCOR ENERGY INCCOM0.79%$2M46.9K

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 ↗.