III Capital Management 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
III Capital Management disclosed 49 US equity positions worth $554.4m in its Q2 2025 13F filing. The largest position was SPY at 36.7% of the reported book, followed by VCSH and INNOVIVA INC. Against the Q1 2025 filing, it opened 17 new positions, added to 11 and reduced 18 among the top 49 holdings.
What did III Capital Management own in Q2 2025? Top 49 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SPY SPDR S&P 500 ETF TR | 36.7% | $203.4m | 329,200 | – | new | |
| 2 | VCSH VANGUARD SCOTTSDALE FDS | 31.0% | $171.7m | 2,160,000 | – | new | |
| 3 | INNOVIVA INC | 4.7% | $26.2m | 22,543,000 | -24% | reduced | |
| 4 | HYG ISHARES TR | 3.6% | $20.1m | 249,000 | -81% | reduced | |
| 5 | SOUTHERN CO | 3.3% | $18.1m | 16,482,000 | – | new | |
| 6 | RSP INVESCO EXCHANGE TRADED FD T | 1.6% | $9.1m | 50,000 | – | new | |
| 7 | WEC ENERGY GROUP INC | 1.0% | $5.8m | 5,000,000 | – | new | |
| 8 | WDC WESTERN DIGITAL CORP | Technology | 1.0% | $5.3m | 82,900 | -27% | reduced |
| 9 | HRI HERC HLDGS INC | Industrials | 0.9% | $5.3m | 39,969 | 8% | added |
| 10 | CRH CRH PLC | Basic Materials | 0.9% | $5.1m | 55,534 | 109% | added |
| 11 | FUN SIX FLAGS ENTERTAINMENT CORP | 0.9% | $4.8m | 158,849 | 33% | added | |
| 12 | H HYATT HOTELS CORP | Consumer Cyclical | 0.9% | $4.8m | 34,500 | 97% | added |
| 13 | OUT OUTFRONT MEDIA INC | Real Estate | 0.9% | $4.7m | 289,819 | 29% | added |
| 14 | SEAGATE HDD CAYMAN | 0.8% | $4.6m | 2,547,000 | -28% | reduced | |
| 15 | META META PLATFORMS INC | Communication Services | 0.8% | $4.4m | 6,000 | -14% | reduced |
| 16 | BWA BORGWARNER INC | Consumer Cyclical | 0.8% | $4.4m | 132,000 | -6% | reduced |
| 17 | DRVN DRIVEN BRANDS HLDGS INC | Consumer Cyclical | 0.8% | $4.4m | 250,000 | 0% | held |
| 18 | ACI ALBERTSONS COS INC | Consumer Defensive | 0.8% | $4.4m | 204,000 | 10% | added |
| 19 | URBN URBAN OUTFITTERS INC | Consumer Cyclical | 0.7% | $4.0m | 55,000 | 38% | added |
| 20 | DLTR DOLLAR TREE INC | Consumer Defensive | 0.7% | $4.0m | 40,000 | 167% | added |
| 21 | CHTR CHARTER COMMUNICATIONS INC N | Communication Services | 0.6% | $3.5m | 8,500 | -37% | reduced |
| 22 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 0.5% | $2.8m | 99,900 | 25% | added |
| 23 | RTO RENTOKIL INITIAL PLC | 0.5% | $2.7m | 112,030 | -29% | reduced | |
| 24 | UBER UBER TECHNOLOGIES INC | Technology | 0.4% | $2.4m | 25,657 | -14% | reduced |
| 25 | WYNN WYNN RESORTS LTD | Consumer Cyclical | 0.4% | $2.3m | 25,000 | -17% | reduced |
| 26 | WSM WILLIAMS SONOMA INC | Consumer Cyclical | 0.4% | $2.1m | 13,000 | – | new |
| 27 | KHC KRAFT HEINZ CO | Consumer Defensive | 0.4% | $2.0m | 76,830 | 141% | added |
| 28 | VZ VERIZON COMMUNICATIONS INC | Communication Services | 0.4% | $1.9m | 45,000 | – | new |
| 29 | TPR TAPESTRY INC | Consumer Cyclical | 0.3% | $1.8m | 21,000 | -22% | reduced |
| 30 | CAR AVIS BUDGET GROUP | Industrials | 0.3% | $1.8m | 10,500 | -77% | reduced |
| 31 | NCLH NORWEGIAN CRUISE LINE HLDG L | Consumer Cyclical | 0.3% | $1.7m | 85,600 | 88% | added |
| 32 | RL RALPH LAUREN CORP | Consumer Cyclical | 0.3% | $1.6m | 6,000 | – | new |
| 33 | MHK MOHAWK INDS INC | Consumer Cyclical | 0.3% | $1.6m | 15,000 | – | new |
| 34 | XLP SELECT SECTOR SPDR TR | 0.3% | $1.6m | 19,300 | 0% | held | |
| 35 | NXST NEXSTAR MEDIA GROUP INC | Communication Services | 0.3% | $1.6m | 9,000 | -10% | reduced |
| 36 | BYND BEYOND MEAT INC | 0.3% | $1.4m | 17,405,000 | -11% | reduced | |
| 37 | BYD BOYD GAMING CORP | Consumer Cyclical | 0.2% | $1.2m | 15,000 | – | new |
| 38 | T AT&T INC | Communication Services | 0.2% | $868.2k | 30,000 | – | new |
| 39 | EXPE EXPEDIA GROUP INC | Consumer Cyclical | 0.2% | $843.4k | 5,000 | -17% | reduced |
| 40 | APP APPLOVIN CORP | Communication Services | 0.1% | $700.2k | 2,000 | – | new |
| 41 | CABO CABLE ONE INC | Communication Services | 0.1% | $543.2k | 4,000 | – | new |
| 42 | GDEN GOLDEN ENTMT INC | 0.1% | $501.1k | 17,028 | 0% | held | |
| 43 | SPIRIT AVIATION HLDGS INC | 0.1% | $487.4k | 97,673 | – | new | |
| 44 | VSTS VESTIS CORPORATION | Industrials | 0.1% | $465.5k | 81,241 | -80% | reduced |
| 45 | XLF SELECT SECTOR SPDR TR | 0.1% | $419.0k | 8,000 | – | new | |
| 46 | XLU SELECT SECTOR SPDR TR | 0.1% | $326.6k | 4,000 | – | new | |
| 47 | MSTR MICROSTRATEGY INC | Technology | 0.0% | $238.5k | 590 | – | new |
| 48 | LCID LUCID GROUP INC | Consumer Cyclical | 0.0% | $198.3k | 94,000 | -19% | reduced |
| 49 | BIGBEAR AI HLDGS INC | 0.0% | $98.4k | 41,588 | -3% | 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.