Q3 2025 · 13F-HR
Massar Capital Management, LPholdings as filed
Filed 2025-11-14 · accession 0002037238-25-000006
$760.1M
Reported value
174
Positions
2025-09-30
Period end
The Brief · Massar Capital Management, LP · Q3 2025
AI · grounded in 13F
Massar Capital Management, LP established a new position in MARA valued at $80.7M. The fund also initiated new stakes in COIN for $77.1M and MSTR for $73.1M. Additional new positions include XYZ at $72.8M and CORZ at $70.5M. The fund ended the period with 163 positions and total AUM of $760.1M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46090E103 | QQQ | INVESCO QQQ TR | $66.0M | 8.69% | 110,000 | PUT | SOLE |
| 565788106 | MARA | MARA HOLDINGS INC | $40.3M | 5.31% | 2,208,900 | PUT | SOLE |
| 565788106 | MARA | MARA HOLDINGS INC | $40.3M | 5.31% | 2,208,900 | CALL | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $38.5M | 5.07% | 114,200 | PUT | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $38.5M | 5.07% | 114,200 | CALL | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $35.3M | 4.64% | 1,965,600 | CALL | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $35.3M | 4.64% | 1,965,600 | PUT | SOLE |
| 594972408 | MSTR | STRATEGY INC | $33.7M | 4.43% | 104,500 | CALL | SOLE |
| 594972408 | MSTR | STRATEGY INC | $33.7M | 4.43% | 104,500 | PUT | SOLE |
| 852234103 | XYZ | BLOCK INC | $33.0M | 4.34% | 456,500 | CALL | SOLE |
| 852234103 | XYZ | BLOCK INC | $33.0M | 4.34% | 456,500 | PUT | SOLE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $29.9M | 3.93% | 358,000 | Common | SOLE |
| 464286400 | EWZ | ISHARES INC | $16.6M | 2.18% | 535,000 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $15.7M | 2.07% | 65,000 | PUT | SOLE |
| 88160R101 | TSLA | TESLA INC | $13.3M | 1.76% | 30,000 | PUT | SOLE |
| 37637K108 | GTLB | GITLAB INC | $12.7M | 1.67% | 281,830 | Common | SOLE |
| 38964R203 | ETH | GRAYSCALE ETHEREUM MINI TR E | $10.0M | 1.31% | 255,000 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $8.4M | 1.10% | 128,545 | Common | SOLE |
| 852234103 | XYZ | BLOCK INC | $6.9M | 0.90% | 94,925 | Common | SOLE |
| 88262P102 | TPL | TEXAS PACIFIC LAND CORPORATI | $6.5M | 0.86% | 7,000 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $6.5M | 0.86% | 100,000 | CALL | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $6.5M | 0.86% | 100,000 | PUT | SOLE |
| 594972408 | MSTR | STRATEGY INC | $5.8M | 0.76% | 17,977 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $5.6M | 0.74% | 30,000 | PUT | SOLE |
| 88160R101 | TSLA | TESLA INC | $5.6M | 0.73% | 12,500 | CALL | SOLE |
| 458140100 | INTC | INTEL CORP | $5.0M | 0.66% | 150,000 | Common | SOLE |
| 92189F676 | SMH | VANECK ETF TRUST | $4.8M | 0.63% | 14,614 | Common | SOLE |
| G39387108 | GFS | GLOBALFOUNDRIES INC | $4.7M | 0.61% | 130,000 | Common | SOLE |
| 81684M104 | SMLR | SEMLER SCIENTIFIC INC | $4.5M | 0.59% | 150,000 | Common | SOLE |
| 47215P106 | JD | JD.COM INC | $3.9M | 0.51% | 110,200 | Common | SOLE |
| 637215104 | NPK | NATIONAL PRESTO INDS INC | $3.6M | 0.48% | 32,500 | Common | SOLE |
| 86562M209 | SMFG | SUMITOMO MITSUI FINL GROUP I | $3.3M | 0.44% | 200,000 | Common | SOLE |
| 87043Q108 | SG | SWEETGREEN INC | $3.3M | 0.43% | 411,000 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $3.0M | 0.40% | 17,000 | Common | SOLE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $3.0M | 0.40% | 76,725 | Common | SOLE |
| 78464A870 | XBI | SPDR SERIES TRUST | $3.0M | 0.40% | 30,000 | Common | SOLE |
| 37954Y871 | URA | GLOBAL X FDS | $2.6M | 0.34% | 55,000 | Common | SOLE |
| 60687Y109 | MFG | MIZUHO FINANCIAL GROUP INC | $2.5M | 0.33% | 377,000 | Common | SOLE |
| 781154109 | RBRK | RUBRIK INC. | $2.5M | 0.33% | 30,175 | Common | SOLE |
| 464286640 | ECH | ISHARES INC | $2.5M | 0.33% | 75,000 | Common | SOLE |
| 606822104 | MUFG | MITSUBISHI UFJ FINL GROUP IN | $2.4M | 0.31% | 148,500 | Common | SOLE |
| 279158109 | EC | ECOPETROL S A | $2.2M | 0.29% | 240,000 | Common | SOLE |
| M98068105 | WIX | WIX COM LTD | $2.2M | 0.28% | 12,180 | Common | SOLE |
| 343412102 | FLR | FLUOR CORP NEW | $2.2M | 0.28% | 51,185 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $2.1M | 0.28% | 38,532 | Common | SOLE |
| 78574H104 | SOC | SABLE OFFSHORE CORP | $2.1M | 0.28% | 120,000 | Common | SOLE |
| 36165L108 | GDS | GDS HLDGS LTD | $2.1M | 0.27% | 53,570 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $2.1M | 0.27% | 25,360 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $1.9M | 0.26% | 8,000 | Common | SOLE |
| 918204108 | VFC | V F CORP | $1.9M | 0.26% | 134,550 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $1.9M | 0.25% | 16,890 | Common | SOLE |
| G1051H101 | TACO | BERTO ACQUISITION CORP | $1.9M | 0.25% | 180,000 | Common | SOLE |
| 30068X103 | XGN | EXAGEN INC | $1.9M | 0.25% | 170,000 | Common | SOLE |
| 012653101 | ALB | ALBEMARLE CORP | $1.8M | 0.24% | 22,782 | Common | SOLE |
| 30049H102 | EVLV | EVOLV TECHNOLOGIES HLDNGS IN | $1.8M | 0.24% | 242,500 | Common | SOLE |
| 550021109 | LULU | LULULEMON ATHLETICA INC | $1.8M | 0.24% | 10,100 | Common | SOLE |
| 009496100 | AIRS | AIRSCULPT TECHNOLOGIES INC | $1.8M | 0.23% | 220,150 | Common | SOLE |
| 500767751 | KOID | KRANESHARES TRUST | $1.8M | 0.23% | 55,000 | Common | SOLE |
| 81369Y506 | XLE | SELECT SECTOR SPDR TR | $1.7M | 0.23% | 19,185 | Common | SOLE |
| 218937100 | CNR | CORE NATURAL RESOURCES INC | $1.7M | 0.22% | 20,200 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $1.7M | 0.22% | 2,792 | Common | SOLE |
| 916896103 | UEC | URANIUM ENERGY CORP | $1.7M | 0.22% | 125,391 | Common | SOLE |
| 192422103 | CGNX | COGNEX CORP | $1.7M | 0.22% | 36,570 | Common | SOLE |
| 205768302 | CRK | COMSTOCK RES INC | $1.6M | 0.22% | 83,066 | Common | SOLE |
| 50077B207 | KTOS | KRATOS DEFENSE & SEC SOLUTIO | $1.6M | 0.22% | 17,976 | Common | SOLE |
| G7490F101 | RTAC | RENATUS TACTICAL ACQUIS | $1.6M | 0.22% | 150,000 | Common | SOLE |
| 18915M107 | NET | CLOUDFLARE INC | $1.6M | 0.21% | 7,514 | Common | SOLE |
| G85158106 | STNE | STONECO LTD | $1.6M | 0.21% | 85,000 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $1.6M | 0.21% | 7,500 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $1.6M | 0.21% | 5,639 | Common | SOLE |
| 98419M100 | XYL | XYLEM INC | $1.6M | 0.20% | 10,524 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $1.5M | 0.20% | 653 | Common | SOLE |
| 525327102 | LDOS | LEIDOS HOLDINGS INC | $1.5M | 0.20% | 8,014 | Common | SOLE |
| 896945201 | TRIP | TRIPADVISOR INC | $1.5M | 0.19% | 90,000 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $1.5M | 0.19% | 76,700 | Common | SOLE |
| G98659108 | MCGAU | YORKVILLE ACQUISITION CORP. | $1.4M | 0.19% | 130,000 | Common | SOLE |
| 68236X100 | TOI | THE ONCOLOGY INSTITUTE INC | $1.4M | 0.18% | 400,000 | Common | SOLE |
| 18507C103 | CLPT | CLEARPOINT NEURO INC | $1.4M | 0.18% | 64,000 | Common | SOLE |
| 09261X102 | BXSL | BLACKSTONE SECD LENDING FD | $1.4M | 0.18% | 53,323 | Common | SOLE |
| 40090E106 | CIB | GRUPO CIBEST SA | $1.4M | 0.18% | 26,000 | Common | SOLE |
| 69121K104 | OBDC | BLUE OWL CAPITAL CORPORATION | $1.3M | 0.18% | 104,506 | Common | SOLE |
| 37954Y327 | COLO | GLOBAL X FDS | $1.3M | 0.17% | 40,000 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $1.3M | 0.17% | 45,000 | Common | SOLE |
| 15135B101 | CNC | CENTENE CORP DEL | $1.3M | 0.17% | 35,300 | Common | SOLE |
| 02080L102 | TKNO | ALPHA TEKNOVA INC | $1.2M | 0.16% | 200,000 | Common | SOLE |
| 758750103 | RRX | REGAL REXNORD CORPORATION | $1.2M | 0.16% | 8,500 | Common | SOLE |
| N90064101 | QURE | UNIQURE NV | $1.2M | 0.15% | 20,000 | Common | SOLE |
| G21301109 | CCIX | CHURCHILL CAPITAL CORP IX | $1.2M | 0.15% | 110,000 | Common | SOLE |
| 60855R100 | MOH | MOLINA HEALTHCARE INC | $1.1M | 0.15% | 6,000 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $1.1M | 0.15% | 7,400 | Common | SOLE |
| 92189H805 | REMX | VANECK ETF TRUST | $1.1M | 0.14% | 16,712 | Common | SOLE |
| 248356107 | DNN | DENISON MINES CORP | $1.1M | 0.14% | 399,833 | Common | SOLE |
| 668771108 | GEN | GEN DIGITAL INC | $1.1M | 0.14% | 37,819 | Common | SOLE |
| 86800U302 | SMCI | SUPER MICRO COMPUTER INC | $1.1M | 0.14% | 22,250 | Common | SOLE |
| G43658106 | IMSR | HCM II ACQUISITION CORP | $1.1M | 0.14% | 65,000 | Common | SOLE |
| 84265V105 | SCCO | SOUTHERN COPPER CORP | $1.1M | 0.14% | 8,670 | Common | SOLE |
| 315616102 | FFIV | F5 INC | $1.0M | 0.14% | 3,204 | Common | SOLE |
| 003262102 | PALL | ABRDN PALLADIUM ETF TRUST | $1.0M | 0.14% | 9,000 | Common | SOLE |
| 76954A103 | RIVN | RIVIAN AUTOMOTIVE INC | $1.0M | 0.14% | 70,000 | Common | SOLE |
| 60741F104 | MBLY | MOBILEYE GLOBAL INC | $1.0M | 0.13% | 72,000 | Common | SOLE |
| 59522J103 | MAA | MID-AMER APT CMNTYS INC | $1.0M | 0.13% | 7,200 | Common | SOLE |
| G81354105 | SBXD | SILVERBOX CORP IV | $990,462 | 0.13% | 94,600 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $984,700 | 0.13% | 1,070 | Common | SOLE |
| 04342Y104 | ASAN | ASANA INC | $979,288 | 0.13% | 73,300 | Common | SOLE |
| 624758108 | MWA | MUELLER WTR PRODS INC | $972,669 | 0.13% | 38,114 | Common | SOLE |
| 04010L103 | ARCC | ARES CAPITAL CORP | $945,371 | 0.12% | 46,319 | Common | SOLE |
| 92189F791 | GDXJ | VANECK ETF TRUST | $940,785 | 0.12% | 9,500 | Common | SOLE |
| 98422D105 | XPEV | XPENG INC | $896,986 | 0.12% | 38,300 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $849,300 | 0.11% | 30,000 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $836,200 | 0.11% | 20,000 | Common | SOLE |
| G7490F119 | RTACU | RENATUS TACTICAL ACQUIS | $835,120 | 0.11% | 73,000 | Common | SOLE |
| G2003N105 | BEAG | BOLD EAGLE ACQUISITION CORP | $832,000 | 0.11% | 80,000 | Common | SOLE |
| 399909100 | GGAL | GRUPO FINANCIERO GALICIA S.A | $826,800 | 0.11% | 30,000 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $822,430 | 0.11% | 3,500 | Common | SOLE |
| 09352U108 | BLND | BLEND LABS INC | $803,000 | 0.11% | 220,000 | Common | SOLE |
| 023939101 | AMTM | AMENTUM HOLDINGS INC | $794,733 | 0.10% | 33,183 | Common | SOLE |
| 526057104 | LEN | LENNAR CORP | $756,240 | 0.10% | 6,000 | Common | SOLE |
| G1827K107 | CEPO | CANTOR EQUITY PARTNERS I INC | $745,275 | 0.10% | 71,250 | Common | SOLE |
| G1827P106 | CEPT | CANTOR EQUITY PARTNERS II IN | $735,700 | 0.10% | 70,000 | Common | SOLE |
| 64131A105 | STIM | NEURONETICS INC | $655,200 | 0.09% | 240,000 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $640,400 | 0.08% | 40,000 | Common | SOLE |
| 01625V104 | ALHC | ALIGNMENT HEALTHCARE INC | $636,925 | 0.08% | 36,500 | Common | SOLE |
| 36162J106 | GEO | GEO GROUP INC NEW | $614,700 | 0.08% | 30,000 | Common | SOLE |
| 153436100 | CEE | CENTRAL & EASTERN EUROPE FD | $614,400 | 0.08% | 40,000 | Common | SOLE |
| 56600D107 | MRVI | MARAVAI LIFESCIENCES HLDGS I | $574,000 | 0.08% | 200,000 | Common | SOLE |
| G9460G101 | VAL | VALARIS LTD | $536,470 | 0.07% | 11,000 | Common | SOLE |
| 20337X109 | VISN | COMMSCOPE HLDG CO INC | $516,769 | 0.07% | 33,383 | Common | SOLE |
| 45783Q100 | NOTV | INOTIV INC | $507,500 | 0.07% | 350,000 | Common | SOLE |
| 156431108 | CENX | CENTURY ALUM CO | $506,460 | 0.07% | 17,250 | Common | SOLE |
| 163851108 | CC | CHEMOURS CO | $498,960 | 0.07% | 31,500 | Common | SOLE |
| 645827205 | IDR | IDAHO STRATEGIC RESOURCES | $489,955 | 0.06% | 14,500 | Common | SOLE |
| 031652100 | AMKR | AMKOR TECHNOLOGY INC | $481,380 | 0.06% | 16,950 | Common | SOLE |
| 911549103 | UAMY | UNITED STATES ANTIMONY CORP | $477,400 | 0.06% | 77,000 | Common | SOLE |
| 44916E100 | IPX | IPERIONX LTD | $468,825 | 0.06% | 9,500 | Common | SOLE |
| 961684206 | WWR | WESTWATER RES INC | $465,053 | 0.06% | 490,200 | Common | SOLE |
| 91733P107 | USAR | USA RARE EARTH INC | $464,130 | 0.06% | 27,000 | Common | SOLE |
| 714266103 | PPTA | PERPETUA RESOURCES CORP | $460,232 | 0.06% | 22,750 | Common | SOLE |
| 38911N206 | GRVY | GRAVITY CO LTD | $448,000 | 0.06% | 7,000 | Common | SOLE |
| 292671708 | UUUU | ENERGY FUELS INC | $445,150 | 0.06% | 29,000 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $434,400 | 0.06% | 40,000 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $431,420 | 0.06% | 11,000 | Common | SOLE |
| 40053W101 | AVAL | GRUPO AVAL ACCIONES Y VALORE | $429,000 | 0.06% | 130,000 | Common | SOLE |
| 03769M106 | APO | APOLLO GLOBAL MGMT INC | $399,810 | 0.05% | 3,000 | Common | SOLE |
| 46434G822 | EWJ | ISHARES INC | $399,446 | 0.05% | 4,980 | Common | SOLE |
| 808625107 | SAIC | SCIENCE APPLICATIONS INTL CO | $395,095 | 0.05% | 3,976 | Common | SOLE |
| 683344105 | ONTO | ONTO INNOVATION INC | $387,660 | 0.05% | 3,000 | Common | SOLE |
| 517125100 | LRMR | LARIMAR THERAPEUTICS INC | $377,910 | 0.05% | 117,000 | Common | SOLE |
| 750917106 | RMBS | RAMBUS INC DEL | $375,120 | 0.05% | 3,600 | Common | SOLE |
| 03674X106 | AR | ANTERO RESOURCES CORP | $369,160 | 0.05% | 11,000 | Common | SOLE |
| 71654V408 | PBR | PETROLEO BRASILEIRO SA PETRO | $348,150 | 0.05% | 27,500 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $334,640 | 0.04% | 2,000 | Common | SOLE |
| 74623V103 | PCT | PURECYCLE TECHNOLOGIES INC | $328,750 | 0.04% | 25,000 | Common | SOLE |
| 23804L103 | DDOG | DATADOG INC | $315,701 | 0.04% | 2,217 | Common | SOLE |
| 671044105 | OSIS | OSI SYSTEMS INC | $315,289 | 0.04% | 1,265 | Common | SOLE |
| 766559702 | RIGL | RIGEL PHARMACEUTICALS INC | $314,463 | 0.04% | 11,100 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $292,260 | 0.04% | 1,200 | Common | SOLE |
| 74758T303 | QLYS | QUALYS INC | $280,672 | 0.04% | 2,121 | Common | SOLE |
| 126638105 | CVRX | CVRX INC | $279,222 | 0.04% | 34,600 | Common | SOLE |
| 427096508 | HTGC | HERCULES CAPITAL INC | $275,613 | 0.04% | 14,575 | Common | SOLE |
| 76200L309 | RZLT | REZOLUTE INC | $264,657 | 0.03% | 28,155 | Common | SOLE |
| 171779309 | CIEN | CIENA CORP | $259,293 | 0.03% | 1,780 | Common | SOLE |
| 98983L108 | ZWS | ZURN ELKAY WATER SOLNS CORP | $251,705 | 0.03% | 5,352 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $246,901 | 0.03% | 12,740 | Common | SOLE |
| 901109108 | TPC | TUTOR PERINI CORP | $242,158 | 0.03% | 3,692 | Common | SOLE |
| 11285B108 | BEPC | BROOKFIELD RENEWABLE CORP | $240,940 | 0.03% | 7,000 | Common | SOLE |
| 20441A102 | SBS | COMPANHIA DE SANEAMENTO BASI | $238,048 | 0.03% | 9,564 | Common | SOLE |
| 462222100 | IONS | IONIS PHARMACEUTICALS INC | $226,484 | 0.03% | 3,462 | Common | SOLE |
| 103002101 | BWMN | BOWMAN CONSULTING GROUP LTD | $223,322 | 0.03% | 5,272 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $215,562 | 0.03% | 300 | Common | SOLE |
| 91680M107 | UPST | UPSTART HLDGS INC | $208,280 | 0.03% | 4,100 | Common | SOLE |
| 23282W605 | CYTK | CYTOKINETICS INC | $205,550 | 0.03% | 3,740 | Common | SOLE |
| 67080N101 | NUVB | NUVATION BIO INC | $202,453 | 0.03% | 54,717 | Common | SOLE |
| 015857105 | AQN | ALGONQUIN PWR UTILS CORP | $147,337 | 0.02% | 27,437 | Common | SOLE |
| 649604840 | ADAM | ADAMAS TRUST INC. | $145,757 | 0.02% | 20,912 | 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.