SEC 13F Intelligence

Managers / Q2 2023 · view latest →

X-Square Capital, LLC

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

Reported Value
$148,812
Q2 2023
Positions
156
Filings on Record
30
2019–present window
Filed
Aug 14, 2023
original filing

Summary

X-Square Capital, LLC reported $148,812 in U.S.-listed holdings across 156 positions for Q2 2023.

Its largest position, XLE, represents 3.0% of the portfolio.

Compared with Q1 2023, the fund opened 11 new positions and exited 24.

Portfolio Metrics

Turnover
+12.0%
vs prior filed quarter
Top-10 Concentration
+25.3%
share of reported value
Largest Position
+3.0%
Energy Select Sector Spdr Fund
New / Exited
11 / 24
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: 85.2%ETP: 8.5%ADR: 4.8%Other: 1.5%
  • Common Stock · 85.2% · $126,825
  • ETP · 8.5% · $12,641
  • ADR · 4.8% · $7,156
  • Other · 1.5% · $2,190

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GNRCGenerac Holdings IncNEW+11.4K11.4K+$1,701$1,701
ProShares Ultra Bloomberg Crude OilNEW+62.9K62.9K+$1,489$1,489
EXPEExpedia Group IncNEW+9.1K9.1K+$994$994
TSLATesla IncNEW+1.7K1.7K+$440$440
OPRAOpera LtdNEW+16.1K16.1K+$320$320
GLOBALFOUNDRIES IncNEW+3.8K3.8K+$245$245
Frontline PLCNEW+16.0K16.0K+$232$232
CMGChipotle Mexican Grill IncNEW+106106+$227$227

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

Holdings — Q2 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1XLEEnergy Select Sector SPDR Fundhistory →COM2.96%$4,40854.3K
2FBPFirst BanCorp/Puerto Ricohistory →CL A2.93%$4,355356.4K
3BPOPPopular Inchistory →SPONSORED ADR2.90%$4,31671.3K
4OFGOFG Bancorphistory →COM NEW2.64%$3,925150.5K
5METAMeta Platforms Inchistory →COM2.63%$3,91613.6K
6CPRTCopart Inchistory →COM2.46%$3,65840.1K
7URIUnited Rentals Inchistory →COM2.24%$3,3407.5K
8MUMicron Technology Inchistory →COM2.24%$3,33752.9K
9BRK/BBerkshire Hathaway Inchistory →COM2.16%$3,2149.4K
10GDGeneral Dynamics Corphistory →COM2.12%$3,15814.7K
11JPMJPMorgan Chase & Cohistory →COM2.05%$3,05221.0K
12LUVSouthwest Airlines Cohistory →COM1.97%$2,93381.0K
13GOOGAlphabet Inchistory →CAP STK CL C1.82%$2,70222.3K
14AMGNAmgen Inchistory →COM1.72%$2,56211.5K
154I1Philip Morris International Inchistory →COM1.68%$2,50625.7K
16OXYOccidental Petroleum Corphistory →COM1.65%$2,44841.6K
17LMTLockheed Martin Corphistory →TR UNIT1.59%$2,3595.1K
18PHMPulteGroup Inchistory →CL A1.48%$2,20628.4K
19COSTCostco Wholesale Corphistory →COM1.47%$2,1814.1K
20AAPLApple Inchistory →COM1.41%$2,09310.8K
21LENLennar Corphistory →CL A1.32%$1,95815.6K
22TELLEURTellurian Inchistory →COM NEW1.29%$1,9171.36M
23FANGDiamondback Energy Inchistory →CL A1.23%$1,82713.9K
24GNRCGenerac Holdings Inchistory →COM1.14%$1,70111.4K
25RTXRTX Corphistory →SPONSORED ADS A1.13%$1,68817.2K
26BXBlackstone Inchistory →CL B NEW1.13%$1,68518.1K
27NFENew Fortress Energy Inchistory →COM1.12%$1,67162.4K
28MOAltria Group Inchistory →US HOME CONS ETF1.12%$1,66636.8K
29AMZNAmazon.com Inchistory →COM CL A1.07%$1,58812.2K
30COTYCoty Inchistory →COM1.06%$1,572127.9K
31AMDAdvanced Micro Devices Inchistory →COM NEW1.05%$1,56613.7K
32ALLYAlly Financial Inchistory →COM1.04%$1,54357.1K
33V322Direxion Daily Energy Bull 2X Shareshistory →COM1.03%$1,53528.1K
34TEVATeva Pharmaceutical Industries Ltdhistory →COM1.02%$1,525202.5K
35ProShares Ultra Bloomberg Crude OilULTA BLMBG 20171.00%$1,48962.9K
36PSXTJX Cos Inc/TheCOM0.97%$1,44517.0K
37PYPLPayPal Holdings IncCL B0.95%$1,41521.2K
38VLOValero Energy CorpCOM0.92%$1,37611.7K
39NVDANVIDIA CorpCOM0.91%$1,3613.2K
40XPOXPO IncCOM0.90%$1,34522.8K
41VanEck Oil Services ETFCOM0.90%$1,3434.7K
42TPLTexas Pacific Land CorpCOM0.88%$1,308993
43MLB1MercadoLibre IncCOM0.80%$1,1881.0K
44DPZDomino's Pizza IncCOM0.79%$1,1723.5K
45BABAAlibaba Group Holding LtdSHS0.78%$1,16314.0K
46EXEChesapeake Energy CorpCOM0.77%$1,14913.7K
47WMTWalmart IncCOM0.74%$1,0987.0K
48BTUPeabody Energy CorpCOM0.74%$1,09650.6K
49TFCTruist Financial CorpCL A0.74%$1,09536.1K
50Vale SACOM0.73%$1,08180.6K

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 ↗.