III Capital Management 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
III Capital Management disclosed 46 US equity positions worth $414.4m in its Q3 2025 13F filing. The largest position was SPY at 66.8% of the reported book, followed by SOUTHERN CO and IJH. Against the Q2 2025 filing, it opened 16 new positions, added to 16 and reduced 12 among the top 46 holdings.
What did III Capital Management own in Q3 2025? Top 46 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SPY SPDR S&P 500 ETF TR | 66.8% | $277.0m | 415,800 | 26% | added | |
| 2 | SOUTHERN CO | 4.4% | $18.4m | 16,482,000 | 0% | held | |
| 3 | IJH ISHARES TR | 1.8% | $7.3m | 112,000 | – | new | |
| 4 | WEC ENERGY GROUP INC | 1.5% | $6.1m | 5,000,000 | 0% | held | |
| 5 | PPLI IAC INC | Communication Services | 1.5% | $6.1m | 180,000 | – | new |
| 6 | H HYATT HOTELS CORP | Consumer Cyclical | 1.2% | $5.1m | 35,875 | 4% | added |
| 7 | WDC WESTERN DIGITAL CORP | Technology | 1.2% | $5.0m | 41,713 | -50% | reduced |
| 8 | DRVN DRIVEN BRANDS HLDGS INC | Consumer Cyclical | 1.1% | $4.8m | 295,625 | 18% | added |
| 9 | BWA BORGWARNER INC | Consumer Cyclical | 1.1% | $4.7m | 105,810 | -20% | reduced |
| 10 | T AT&T INC | Communication Services | 1.1% | $4.6m | 163,550 | 445% | added |
| 11 | OUT OUTFRONT MEDIA INC | Real Estate | 1.0% | $4.3m | 235,394 | -19% | reduced |
| 12 | CRH CRH PLC | Basic Materials | 1.0% | $4.1m | 34,448 | -38% | reduced |
| 13 | RTO RENTOKIL INITIAL PLC | 1.0% | $4.0m | 160,132 | 43% | added | |
| 14 | URBN URBAN OUTFITTERS INC | Consumer Cyclical | 1.0% | $4.0m | 56,550 | 3% | added |
| 15 | MHK MOHAWK INDS INC | Consumer Cyclical | 0.9% | $3.8m | 29,850 | 99% | added |
| 16 | UBER UBER TECHNOLOGIES INC | Technology | 0.9% | $3.6m | 36,313 | 42% | added |
| 17 | RL RALPH LAUREN CORP | Consumer Cyclical | 0.8% | $3.5m | 11,155 | 86% | added |
| 18 | GOOG ALPHABET INC | Communication Services | 0.8% | $3.4m | 14,140 | – | new |
| 19 | MAT MATTEL INC | Consumer Cyclical | 0.8% | $3.4m | 200,000 | – | new |
| 20 | DLTR DOLLAR TREE INC | Consumer Defensive | 0.8% | $3.3m | 35,000 | -12% | reduced |
| 21 | CHTR CHARTER COMMUNICATIONS INC N | Communication Services | 0.8% | $3.3m | 12,000 | 41% | added |
| 22 | XLP SELECT SECTOR SPDR TR | 0.7% | $2.8m | 36,051 | 87% | added | |
| 23 | CNK CINEMARK HLDGS INC | Communication Services | 0.6% | $2.4m | 85,000 | – | new |
| 24 | KHC KRAFT HEINZ CO | Consumer Defensive | 0.5% | $2.2m | 82,779 | 8% | added |
| 25 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 0.5% | $2.1m | 79,136 | -21% | reduced |
| 26 | ACI ALBERTSONS COS INC | Consumer Defensive | 0.5% | $2.1m | 120,370 | -41% | reduced |
| 27 | NXST NEXSTAR MEDIA GROUP INC | Communication Services | 0.5% | $1.9m | 9,710 | 8% | added |
| 28 | ECHO ECHOSTAR CORP | Communication Services | 0.5% | $1.9m | 25,000 | – | new |
| 29 | BOX INC | 0.4% | $1.8m | 1,820,000 | – | new | |
| 30 | NCLH NORWEGIAN CRUISE LINE HLDG L | Consumer Cyclical | 0.4% | $1.8m | 73,734 | -14% | reduced |
| 31 | RRR RED ROCK RESORTS INC | Consumer Cyclical | 0.4% | $1.8m | 29,087 | – | new |
| 32 | CCL CARNIVAL CORP | Consumer Cyclical | 0.4% | $1.7m | 60,000 | – | new |
| 33 | FUN SIX FLAGS ENTERTAINMENT CORP | 0.4% | $1.7m | 75,000 | -53% | reduced | |
| 34 | META META PLATFORMS INC | Communication Services | 0.4% | $1.5m | 2,000 | -67% | reduced |
| 35 | CAR AVIS BUDGET GROUP | Industrials | 0.3% | $1.4m | 9,000 | -14% | reduced |
| 36 | WBD WARNER BROS DISCOVERY INC | Communication Services | 0.3% | $1.2m | 60,000 | – | new |
| 37 | DIS DISNEY WALT CO | Communication Services | 0.3% | $1.1m | 10,000 | – | new |
| 38 | PINS PINTEREST INC | Communication Services | 0.3% | $1.1m | 35,000 | – | new |
| 39 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 0.3% | $1.1m | 14,000 | – | new |
| 40 | MSTR STRATEGY INC | Technology | 0.2% | $998.9k | 3,100 | 425% | added |
| 41 | XLU SELECT SECTOR SPDR TR | 0.2% | $654.1k | 7,500 | 88% | added | |
| 42 | GDEN GOLDEN ENTMT INC | 0.1% | $458.7k | 19,455 | 14% | added | |
| 43 | KRE SPDR SERIES TRUST | 0.1% | $316.5k | 5,000 | – | new | |
| 44 | GLD SPDR GOLD TR | 0.0% | $169.6k | 477 | – | new | |
| 45 | BIGBEAR AI HLDGS INC | 0.0% | $71.7k | 34,000 | -18% | reduced | |
| 46 | LCID LUCID GROUP INC | 0.0% | $60.0k | 2,520 | – | new |
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.