Managers / Q1 2026
Notable Capital Management, L.L.C.
CIK 0002065606 · 3000 SAND HILL ROAD, BLDG. 4, SUITE 230, MENLO PARK, CA, 94025 · (650) 475-2150
Summary
Notable Capital Management, L.L.C. reported $53M in U.S.-listed holdings across 7 positions for Q1 2026.
The portfolio is heavily concentrated: BZ alone accounts for 59.0% of reported value.
Compared with Q4 2025, the fund opened 1 new position and exited 5.
Portfolio Metrics
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
Portfolio Composition
- ADR · 78.1% · $42M
- Common Stock · 21.9% · $12M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| XCHXCHG LTD | NEW | +647.6K | 647.6K | +$718,824 | $718,824 |
| OPENOPENDOOR TECHNOLOGIES INC | SOLD OUT | −325.3K | 0 | −$2M | $0 |
| APIAGORA INC | SOLD OUT | −371.5K | 0 | −$2M | $0 |
| OPENWOPENDOOR TECHNOLOGIES INC | SOLD OUT | −10.8K | 0 | −$9,759 | $0 |
| OPENLOPENDOOR TECHNOLOGIES INC | SOLD OUT | −10.8K | 0 | −$5,642 | $0 |
| OPENZOPENDOOR TECHNOLOGIES INC | SOLD OUT | −10.8K | 0 | −$4,331 | $0 |
| BZKANZHUN LIMITED | HELD | +0 | 2.35M | −$16M | $32M |
| IBTAIBOTTA INC | HELD | +0 | 367.0K | +$3M | $11M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BZKANZHUN LIMITEDhistory → | SPONSORED ADS | 59.04% | $32M | 2.35M |
| 2 | IBTAIBOTTA INChistory → | CLASS A COM SHS | 20.60% | $11M | 367.0K |
| 3 | YMMFULL TRUCK ALLIANCE CO LTDhistory → | SPONSORED ADS | 12.60% | $7M | 810.4K |
| 4 | HEREHERE GROUP LTDhistory → | ADS | 5.11% | $3M | 770.6K |
| 5 | XCHXCHG LTDhistory → | SPONSORED ADS | 1.35% | $718,824 | 647.6K |
| 6 | CMRCCOMMERCE.COM INC | COM SER 1 | 0.75% | $399,755 | 149.7K |
| 7 | BZAIBLAIZE HLDGS INC | COM | 0.56% | $297,879 | 163.7K |
Filing History
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- Granite Asia Capital Pte. Ltd.
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 ↗.