Managers / Q2 2023 · view latest →
Portman Square Capital LLP
CIK 0001966898 · 10 PORTMAN SQUARE, LONDON, W1H 6AZ · 44-203-627-6800
Reported Value
$3.5B
Q2 2023
Positions
373
Filings on Record
14
2019–present window
Filed
Jul 26, 2023
original filing
Summary
Portman Square Capital LLP reported $3.5B in U.S.-listed holdings across 373 positions for Q2 2023.
Its largest position, Palo Alto Networks, represents 3.8% of the portfolio.
Compared with Q1 2023, the fund opened 64 new positions and exited 27.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- Common Stock · 85.1% · $3.0B
- US DOMESTIC · 7.4% · $261M
- ETP · 3.7% · $129M
- Other · 2.7% · $93M
- ADR · 1.0% · $34M
- Other · 0.2% · $7M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| XLESELECT SECTOR SPDR TR | NEW | +1.00M | 1.00M | +$81M | $81M |
| PCGPG&E CORP | NEW | +2.82M | 2.82M | +$49M | $49M |
| FEFIRSTENERGY CORP | NEW | +1.16M | 1.16M | +$45M | $45M |
| MSFTMICROSOFT CORP | NEW | +131.3K | 131.3K | +$45M | $45M |
| RHRH | NEW | +100.9K | 100.9K | +$33M | $33M |
| CMGCHIPOTLE MEXICAN GRILL INC | NEW | +15.3K | 15.3K | +$33M | $33M |
| TTWOTAKE-TWO INTERACTIVE SOFTWAR | NEW | +209.5K | 209.5K | +$31M | $31M |
| DKSDICKS SPORTING GOODS INC | NEW | +215.7K | 215.7K | +$29M | $29M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
8 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | PALO ALTO NETWORKS INC | NOTE 0.375% 6/0 | 3.78% | $133M | 51.50M |
| 2 | AMERICAN AIRLINES GROUP INC | NOTE 6.500% 7/0 | 1.71% | $60M | 46.80M |
| 3 | MIDDMIDDLEBY CORP | COM | 1.18% | $42M | 281.3K |
| 4 | NCL CORP LTD | NOTE 5.375% 8/0 | 0.77% | $27M | 19.60M |
| 5 | PODDINSULET CORP | COM | 0.68% | $24M | 82.9K |
| 6 | SELECT SECTOR SPDR TR | TECHNOLOGY | 0.55% | $19M | 111.7K |
| 7 | AKAMAKAMAI TECHNOLOGIES INC | COM | 0.54% | $19M | 209.5K |
| 8 | DAYCERIDIAN HCM HLDG INC | COM | 0.50% | $17M | 260.3K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $2.6B | 102 | Apr 27, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $2.3B | 117 | Jan 23, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $2.3B | 107 | Oct 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $3.4B | 177 | Jul 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $3.8B | 213 | May 2, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $2.8B | 248 | Jan 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $2.7B | 306 | Oct 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $2.9B | 323 | Jul 19, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $3.6B | 299 | Apr 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $4.4B | 428 | Jan 19, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $4.1B | 433 | Oct 30, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $3.5B | 373 | Jul 26, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $2.2B | 299 | May 4, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $1.4B | 302 | Feb 23, 2023 | 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 ↗.