Explore Capital Management, LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Explore Capital Management, LLC disclosed 14 US equity positions worth $120.6m in its Q4 2025 13F filing. The largest position was AMZN at 15.6% of the reported book, followed by SPGI and MA. Against the Q3 2025 filing, it opened 4 new positions, added to 1 and reduced 8 among the top 14 holdings.
What did Explore Capital Management, LLC own in Q4 2025? Top 14 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | Consumer Cyclical | 15.6% | $18.8m | 81,475 | -21% | reduced |
| 2 | SPGI S&P GLOBAL INC | Financial Services | 12.0% | $14.5m | 27,750 | 32% | added |
| 3 | MA MASTERCARD INCORPORATED | Financial Services | 11.4% | $13.7m | 24,000 | – | new |
| 4 | TSM TAIWAN SEMICONDUCTOR MFG | Technology | 10.5% | $12.6m | 41,532 | -33% | reduced |
| 5 | MU MICRON TECHNOLOGY INC | Technology | 7.7% | $9.3m | 32,600 | – | new |
| 6 | OWL BLUE OWL CAPITAL INC | Financial Services | 7.7% | $9.3m | 621,318 | -29% | reduced |
| 7 | V VISA INC | Financial Services | 6.7% | $8.1m | 23,000 | – | new |
| 8 | EFX EQUIFAX INC | Industrials | 5.4% | $6.5m | 30,000 | -27% | reduced |
| 9 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 5.0% | $6.0m | 35,400 | 0% | held |
| 10 | META META PLATFORMS INC | Communication Services | 4.7% | $5.7m | 8,650 | – | new |
| 11 | NU NU HLDGS LTD | Financial Services | 4.7% | $5.6m | 335,950 | -45% | reduced |
| 12 | THC TENET HEALTHCARE CORP | Healthcare | 3.6% | $4.4m | 22,100 | -56% | reduced |
| 13 | HDB HDFC BANK LTD | Financial Services | 2.9% | $3.5m | 97,060 | -68% | reduced |
| 14 | CPNG COUPANG INC | Consumer Cyclical | 2.1% | $2.5m | 108,000 | -28% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.