Q4 2025 · 13F-HR
X-Square Capital, LLCholdings as filed
Filed 2026-02-11 · accession 0001729300-26-000001
$305,153
Reported value
161
Positions
2025-12-31
Period end
The Brief · X-Square Capital, LLC · Q4 2025
AI · grounded in 13F
X-Square Capital, LLC established a new position in IREN with a $9,065 investment. The fund also opened new stakes in ROOT for $5,569 and NAIL for $2,605. On the sell side, the fund trimmed its holdings in LMND by 91.87% and OFG by 70.39%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 433000106 | HIMS | HIMS & HERS HEALTH INC | $15,228 | 4.99% | 468,999 | Common | NONE |
| 00217D100 | ASTS | AST SPACE MOBILE INC | $12,373 | 4.05% | 170,350 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF | $11,894 | 3.90% | 17,442 | Common | NONE |
| 007903107 | AMD | ADVANCED MICRO DEVICES I | $9,639 | 3.16% | 45,008 | Common | NONE |
| Q4982L109 | IREN | IREN LIMITED | $9,065 | 2.97% | 240,000 | Common | NONE |
| 58733R102 | MELI | MERCADOLIBRE INC | $7,714 | 2.53% | 3,830 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY | $7,348 | 2.41% | 25,747 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC CLASS A | $7,066 | 2.32% | 10,706 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $7,030 | 2.30% | 21,819 | Common | SOLE |
| 77664L207 | ROOT | ROOT INC | $5,569 | 1.82% | 77,096 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORP | $5,170 | 1.69% | 27,722 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY CLASS B | $5,089 | 1.67% | 10,125 | Common | NONE |
| 872540109 | TJX | TJX COMPANIES INC | $4,959 | 1.63% | 32,285 | Common | NONE |
| 023135106 | AMZN | AMAZON.COM INC | $4,855 | 1.59% | 21,034 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC. | $4,712 | 1.54% | 14,395 | Common | NONE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST | $4,600 | 1.51% | 92,645 | Common | NONE |
| 594972408 | MSTR | MICROSTRATEGY INC-CL A | $4,278 | 1.40% | 28,155 | Common | NONE |
| 26603R106 | DUOL | DUOLINGO INC | $4,157 | 1.36% | 23,686 | Common | NONE |
| 911363109 | URI | UNITED RENTALS INC | $4,088 | 1.34% | 5,051 | Common | NONE |
| 931142103 | WMT | WALMART INC | $4,020 | 1.32% | 36,088 | Common | NONE |
| 369550108 | GD | GENERAL DYNAMICS CO | $3,779 | 1.24% | 11,226 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC. CLASS C | $3,700 | 1.21% | 11,792 | Common | NONE |
| 867224107 | SU | SUNCOR ENERGY INC F | $3,679 | 1.21% | 82,940 | Common | NONE |
| 217204106 | CPRT | COPART INC | $3,557 | 1.17% | 90,853 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $3,521 | 1.15% | 15,408 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $3,349 | 1.10% | 12,319 | Common | SOLE |
| 30212P303 | EXPE | EXPEDIA GROUP INC | $3,268 | 1.07% | 11,536 | Common | NONE |
| 983793100 | XPO | XPO INC | $3,137 | 1.03% | 23,083 | Common | NONE |
| 88160R101 | TSLA | TESLA INC | $3,074 | 1.01% | 6,835 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $2,969 | 0.97% | 6,138 | Common | NONE |
| 68236H204 | ONDS | ONDAS HOLDINGS INC | $2,928 | 0.96% | 300,000 | Common | NONE |
| 718172109 | PM | PHILIP MORRIS INTL | $2,896 | 0.95% | 18,055 | Common | NONE |
| 893641100 | TDG | TRANSDIGM GROUP INC | $2,871 | 0.94% | 2,159 | Common | NONE |
| 25490K596 | NAIL | DBX ETF TR | $2,605 | 0.85% | 52,500 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORPORATION | $2,576 | 0.84% | 13,215 | Common | NONE |
| 70450Y103 | PYPL | PAYPAL HOLDINGS INCORPOR | $2,375 | 0.78% | 40,680 | Common | NONE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $2,329 | 0.76% | 435 | Common | NONE |
| 550021109 | LULU | LULULEMON ATHLETICA INC | $2,255 | 0.74% | 10,851 | Common | NONE |
| 22160K105 | COST | COSTCO WHOLESALE CO | $2,254 | 0.74% | 2,614 | Common | SOLE |
| 256677105 | DG | DOLLAR GENERAL CORP | $2,144 | 0.70% | 16,151 | Common | NONE |
| N3167Y103 | RACE | FERRARI N V | $2,139 | 0.70% | 5,788 | Common | NONE |
| 98422R104 | ZTAX | X-SQUARE MUNI INC TAX FR ETF | $2,072 | 0.68% | 80,835 | Common | NONE |
| 91912E105 | VALE | VALE SA F SPONSORED ADR 1 ADR REPS 1 ORD SHS | $2,066 | 0.68% | 158,535 | Common | NONE |
| 368736104 | GNRC | GENERAC HOLDINGS INC | $2,031 | 0.67% | 14,895 | Common | NONE |
| 67103H107 | ORLY | O'REILLY AUTOMOTIVE INC | $2,004 | 0.66% | 21,969 | Common | NONE |
| 25754A201 | DPZ | DOMINOS PIZZA INC | $1,996 | 0.65% | 4,789 | Common | NONE |
| 67103X102 | OFG | OFG BANCORP F | $1,965 | 0.64% | 47,952 | Common | NONE |
| 318672706 | FBP | FIRST BANCORP F | $1,951 | 0.64% | 94,096 | Common | NONE |
| 227046109 | CROX | CROCS INC | $1,932 | 0.63% | 22,594 | Common | NONE |
| 46090E103 | QQQ | INVSC QQQ TRUST SRS 1 ETF | $1,907 | 0.62% | 3,104 | Common | NONE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $1,905 | 0.62% | 3,341 | Common | NONE |
| 75513E101 | RTX | RAYTHEON TECHNOLOGIES CO | $1,853 | 0.61% | 10,102 | Common | NONE |
| 881624209 | TEVA | TEVA PHARMACEUTICAL IN F SPONSORED ADR 1 ADR REPS 1 ORD SHS | $1,803 | 0.59% | 57,781 | Common | NONE |
| 03831W108 | APP | APPLOVIN CORPORATION | $1,778 | 0.58% | 2,638 | Common | NONE |
| 713448108 | PEP | PEPSICO INC | $1,744 | 0.57% | 12,150 | Common | NONE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $1,709 | 0.56% | 46,191 | Common | SOLE |
| 05550J101 | BJ | BJ'S WHOLESALE CLUB HOLDINGS | $1,707 | 0.56% | 18,960 | Common | NONE |
| 46125A100 | LUNR | INTUITIVE MACHINES INC. | $1,639 | 0.54% | 101,000 | Common | NONE |
| 526057104 | LEN | LENNAR CORP CLASS A | $1,634 | 0.54% | 15,894 | Common | NONE |
| 02209S103 | MO | ALTRIA GROUP INC | $1,615 | 0.53% | 28,008 | Common | NONE |
| 92826C839 | V | VISA INC | $1,595 | 0.52% | 4,548 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC F CLASS A | $1,594 | 0.52% | 9,904 | Common | NONE |
| 17253J106 | CIFR | CIPHER MINING INC | $1,498 | 0.49% | 101,500 | Common | NONE |
| 674599105 | OXY | OCCIDENTAL PETROLEUM CORP | $1,424 | 0.47% | 34,638 | Common | NONE |
| 74967X103 | RH | RH | $1,390 | 0.46% | 7,756 | Common | SOLE |
| 82846H405 | QXO | QXO, INC. | $1,385 | 0.45% | 71,796 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $1,381 | 0.45% | 6,672 | Common | NONE |
| 191241108 | KOF | COCA-COLA FEMSA SAB DE CV | $1,346 | 0.44% | 14,215 | Common | NONE |
| 88262P102 | TPL | TEXAS PACIFIC LAND CORP | $1,322 | 0.43% | 4,602 | Common | NONE |
| 199908104 | FIX | COMFORT SYSTEMS USA INC | $1,317 | 0.43% | 1,411 | Common | NONE |
| 311900104 | FAST | FASTENAL CO | $1,312 | 0.43% | 32,704 | Common | NONE |
| 92189H607 | OIH | VANECK OIL SERVICES ETF | $1,307 | 0.43% | 4,588 | Common | NONE |
| H2906T109 | GRMN | GARMIN LTD F | $1,268 | 0.42% | 6,250 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $1,258 | 0.41% | 3,657 | Common | SOLE |
| 745867101 | PHM | PULTEGROUP INC | $1,247 | 0.41% | 10,637 | Common | NONE |
| 91913Y100 | VLO | VALERO ENERGY CORP | $1,242 | 0.41% | 7,629 | Common | NONE |
| 52567D107 | LMND | LEMONADE INC | $1,234 | 0.40% | 17,333 | Common | NONE |
| N07059210 | ASML | ASML HOLDING NV | $1,223 | 0.40% | 1,143 | Common | NONE |
| G1466R173 | BORR | BORR DRILLING LTD | $1,217 | 0.40% | 302,085 | Common | NONE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $1,155 | 0.38% | 2,388 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC. CLASS A | $1,152 | 0.38% | 3,681 | Common | SOLE |
| H1467J104 | CB | CHUBB LTD F | $1,109 | 0.36% | 3,554 | Common | NONE |
| 060505104 | BAC | BANK OF AMERICA CORP | $1,050 | 0.34% | 19,095 | Common | NONE |
| 05961W105 | BMA | BANCO MACRO SA-ADR | $1,042 | 0.34% | 11,556 | Common | NONE |
| 02005N100 | ALLY | ALLY FINL INC | $1,022 | 0.33% | 22,569 | Common | NONE |
| 92864M301 | BITX | VOLATILITY SHS TR | $1,019 | 0.33% | 36,722 | Common | NONE |
| 922908736 | VUG | VANGUARD GROWTH ETF | $1,009 | 0.33% | 2,068 | Common | NONE |
| 191216100 | KO | THE COCA-COLA CO | $978 | 0.32% | 13,997 | Common | NONE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $963 | 0.32% | 2,727 | Common | NONE |
| 07317Q105 | BTE | BAYTEX ENERGY CORP F | $955 | 0.31% | 295,732 | Common | NONE |
| 099502106 | BAH | BOOZ ALLEN HAMILTON HOLDINGS | $921 | 0.30% | 10,921 | Common | NONE |
| 57636Q104 | MA | MasterCard Inc | $900 | 0.29% | 1,577 | Common | SOLE |
| 81369Y506 | XLE | ENERGY SELECT SECTOR SPDR ETF | $881 | 0.29% | 19,702 | Common | NONE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $873 | 0.29% | 2,646 | Common | NONE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $857 | 0.28% | 7,763 | Common | NONE |
| 86800U302 | SMCI | SUPER MICRO COMPUTER INC | $828 | 0.27% | 28,282 | Common | NONE |
| 892356106 | TSCO | TRACTOR SUPPLY COMP | $827 | 0.27% | 16,532 | Common | NONE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $793 | 0.26% | 15,620 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $779 | 0.26% | 6,473 | Common | NONE |
| 733174700 | BPOP | POPULAR INC F | $770 | 0.25% | 6,185 | Common | NONE |
| 084670108 | BRK/A | 1/100 BERKSHIRE HTWY CLA 100 SHS=1 WHOLE SH BRK A | $755 | 0.25% | 1 | Common | SOLE |
| 29084Q100 | EME | EMCOR GROUP INC | $747 | 0.24% | 1,221 | Common | NONE |
| 89832Q109 | TFC | TRUIST FINL CORP | $736 | 0.24% | 14,949 | Common | NONE |
| 922908744 | VTV | VANGUARD VALUE ETF | $728 | 0.24% | 3,811 | Common | NONE |
| 617446448 | MS | MORGAN STANLEY | $722 | 0.24% | 4,065 | Common | NONE |
| 231021106 | CMI | CUMMINS INC | $719 | 0.24% | 1,408 | Common | NONE |
| G9460G101 | VAL | VALARIS LTD | $718 | 0.24% | 14,255 | Common | NONE |
| 34959E109 | FTNT | FORTINET INC | $665 | 0.22% | 8,371 | Common | NONE |
| 874039100 | TSM | TAIWAN SEMICONDUCTR F SPONSORED ADR 1 ADR REPS 5 ORD SHS | $645 | 0.21% | 2,121 | Common | NONE |
| 872590104 | TMUS | T-MOBILE US INC | $641 | 0.21% | 3,157 | Common | NONE |
| 742718109 | PG | PROCTER & GAMBLE | $610 | 0.20% | 4,259 | Common | NONE |
| 767204100 | RIO | RIO TINTO PLC | $600 | 0.20% | 7,493 | Common | NONE |
| 93627C101 | HCC | WARRIOR MET COAL INC | $584 | 0.19% | 6,622 | Common | NONE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $575 | 0.19% | 3,234 | Common | NONE |
| 83085C107 | SKYH | SKY HARBOUR GROUP CORPORATION | $563 | 0.18% | 62,785 | Common | NONE |
| 110448107 | BTI | BRIT AMER TOBACCO F UNSPONSORED ADR 1 ADR REPS 1 ORD SHS | $559 | 0.18% | 9,881 | Common | NONE |
| 105532105 | BAK | BRASKEM SA-CLASS A- ADR | $546 | 0.18% | 185,000 | Common | NONE |
| 464287523 | SOXX | ISHARES TR | $536 | 0.18% | 1,778 | Common | NONE |
| 654106103 | NKE | NIKE INC | $532 | 0.17% | 8,347 | Common | NONE |
| 26875P101 | EOG | EOG Resources Inc | $518 | 0.17% | 4,935 | Common | NONE |
| 020764106 | AMR | ALPHA METALLURGICAL RESOURCE | $511 | 0.17% | 2,557 | Common | NONE |
| 172967424 | C | CITIGROUP INC | $503 | 0.16% | 4,311 | Common | NONE |
| 25278X109 | FANG | DIAMONDBACK ENERGY | $452 | 0.15% | 3,008 | Common | NONE |
| 464286400 | EWZ | ISHARES MSCI BRAZIL ETF | $452 | 0.15% | 14,220 | Common | NONE |
| 00971T101 | AKAM | AKAMAI TECHNOLOGIES INC | $434 | 0.14% | 4,979 | Common | NONE |
| 58933Y105 | MRK | MERCK & CO. INC. | $434 | 0.14% | 4,118 | Common | NONE |
| 494368103 | KMB | KIMBERLY CLARK CORP | $434 | 0.14% | 4,302 | Common | NONE |
| 19260Q107 | COIN | COINBASE GLOBAL INC -CLASS A | $423 | 0.14% | 1,869 | Common | NONE |
| 45866F104 | ICE | INTERNATIONAL EXCHANGE INC | $420 | 0.14% | 2,594 | Common | NONE |
| G87264100 | TGLS | TECNOGLASS INC | $391 | 0.13% | 7,764 | Common | NONE |
| 092915107 | BZAI | BLAIZE HOLDINGS INC | $390 | 0.13% | 200,000 | Common | NONE |
| 57060D108 | MKTX | MARKETAXESS HLDGS INC | $367 | 0.12% | 2,027 | Common | NONE |
| 60741F104 | MBLY | MOBILEYE GLOBAL, INC. | $365 | 0.12% | 34,918 | Common | NONE |
| 464287432 | TLT | ISHARES TR | $349 | 0.11% | 4,000 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO & CO | $348 | 0.11% | 3,730 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $343 | 0.11% | 319 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD F SPONSORED ADR 1 ADR REPS 8 ORD SHS | $341 | 0.11% | 2,327 | Common | NONE |
| 81684M104 | SMLR | SEMLER SCIENTIFIC INC | $340 | 0.11% | 22,210 | Common | NONE |
| 98954M200 | Z | ZILLOW GROUP INC | $319 | 0.10% | 4,682 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $316 | 0.10% | 1,034 | Common | NONE |
| 88642R109 | TDW | TIDEWATER INC | $303 | 0.10% | 6,000 | Common | NONE |
| 25460G609 | ERX | DIREXION DAILY ENERGY BULL 2X ETF | $296 | 0.10% | 5,305 | Common | NONE |
| 747525103 | QCOM | QUALCOMM INC | $291 | 0.10% | 1,702 | Common | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $277 | 0.09% | 3,224 | Common | NONE |
| 92204A702 | VGT | VANGUARD INFORMATION TECHNOLOGY ETF | $273 | 0.09% | 362 | Common | NONE |
| 09260D107 | BX | BLACKSTONE INC | $262 | 0.09% | 1,699 | Common | NONE |
| 92892B103 | VOYG | VOYAGER TECHNOLOGIES INC | $261 | 0.09% | 10,000 | Common | NONE |
| 718546104 | PSX | PHILLIPS 66 | $246 | 0.08% | 1,909 | Common | NONE |
| 74982T103 | RXO | RXO INC | $214 | 0.07% | 16,911 | Common | NONE |
| 37045V100 | GM | GENERAL MOTORS | $214 | 0.07% | 2,630 | Common | NONE |
| 74933W601 | TMFC | MOTLEY FOOL 100 INDEX ETF | $212 | 0.07% | 2,950 | Common | NONE |
| 05964H105 | SAN | BANCO SANTANDER SA IAM F SPONSORED ADR 1 ADR REPS 1 ORD SHS | $154 | 0.05% | 13,127 | Common | NONE |
| 71654V408 | PBR | PETROLEO BRASILEIRO SA | $136 | 0.04% | 11,463 | Common | NONE |
| 071734107 | BHC | BAUSCH HEALTH COS INC F | $125 | 0.04% | 17,950 | Common | NONE |
| 644393100 | NFE | NEW FORTRESS ENERGY A CLASS A | $86 | 0.03% | 75,529 | Common | NONE |
| 222070203 | COTY | COTY INC CLASS A | $86 | 0.03% | 27,837 | Common | NONE |
| 674482203 | OBE | OBSIDIAN ENERGY LTD | $63 | 0.02% | 10,326 | Common | NONE |
| 87990A106 | TNYA | TENAYA THERAPEUTICS INC | $7 | 0.00% | 10,000 | Common | NONE |
| G21621118 | BTOG | BIT ORIGIN LTD | $2 | 0.00% | 10,000 | Common | NONE |
| 462726100 | I8R | iROBOT CORPORATION | $1 | 0.00% | 10,000 | Common | NONE |
| 00653A107 | ADAPY | ADAPTIMMUNE THERAPEUTICS-ADR | $0 | — | 11,359 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.