Masters Capital Management LLC 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Masters Capital Management LLC disclosed 39 US equity positions worth $519.3m in its Q2 2025 13F filing. The largest position was FLR at 9.9% of the reported book, followed by DAL and UPS. Against the Q1 2025 filing, it opened 11 new positions, added to 9 and reduced 8 among the top 39 holdings.
What did Masters Capital Management LLC own in Q2 2025? Top 39 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | FLR FLUOR CORP NEW | Industrials | 9.9% | $51.3m | 1,000,000 | 0% | held |
| 2 | DAL DELTA AIR LINES INC DEL | Industrials | 9.5% | $49.2m | 1,000,000 | -8% | reduced |
| 3 | UPS UNITED PARCEL SERVICE INC | Industrials | 5.8% | $30.3m | 300,000 | 50% | added |
| 4 | NOV NOV INC | Energy | 4.8% | $24.9m | 2,000,000 | 100% | added |
| 5 | ASTS AST SPACEMOBILE INC | Technology | 4.5% | $23.4m | 500,000 | -17% | reduced |
| 6 | INTC INTEL CORP | Technology | 4.3% | $22.4m | 1,000,000 | 0% | held |
| 7 | VYX NCR VOYIX CORPORATION | Technology | 4.3% | $22.3m | 1,900,000 | 90% | added |
| 8 | ENVX ENOVIX CORPORATION | Industrials | 4.0% | $20.7m | 2,000,000 | 18% | added |
| 9 | EMN EASTMAN CHEM CO | Basic Materials | 3.6% | $18.7m | 250,000 | 25% | added |
| 10 | BCS BARCLAYS PLC | Financial Services | 3.6% | $18.6m | 1,000,000 | -33% | reduced |
| 11 | CLF CLEVELAND-CLIFFS INC NEW | Basic Materials | 2.9% | $15.2m | 2,000,000 | -20% | reduced |
| 12 | FTK FLOTEK INDS INC DEL | 2.8% | $14.8m | 1,000,000 | 100% | added | |
| 13 | NXE NEXGEN ENERGY LTD | Energy | 2.7% | $13.9m | 2,000,000 | 0% | held |
| 14 | EVEX EVE HLDG INC | 2.6% | $13.7m | 2,000,000 | -2% | reduced | |
| 15 | PONY PONY AI INC | Technology | 2.5% | $13.2m | 1,000,000 | 0% | held |
| 16 | SMG SCOTTS MIRACLE-GRO CO | Basic Materials | 2.5% | $13.2m | 200,000 | – | new |
| 17 | BWAY BRAINSWAY LTD | 2.5% | $13.2m | 1,000,000 | 0% | held | |
| 18 | PBR PETROLEO BRASILEIRO SA PETRO | Energy | 2.4% | $12.5m | 1,000,000 | 0% | held |
| 19 | VFC V F CORP | Consumer Cyclical | 2.3% | $11.8m | 1,000,000 | -9% | reduced |
| 20 | LION LIONSGATE STUDIOS CORP | 2.2% | $11.6m | 2,000,000 | – | new | |
| 21 | BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 2.2% | $11.6m | 250,000 | – | new |
| 22 | PPG PPG INDS INC | Basic Materials | 2.2% | $11.4m | 100,000 | – | new |
| 23 | ACHR ARCHER AVIATION INC | 2.1% | $10.8m | 1,000,000 | 0% | held | |
| 24 | AOMR ANGEL OAK MORTGAGE REIT INC | 1.8% | $9.4m | 1,000,000 | -9% | reduced | |
| 25 | DNLI DENALI THERAPEUTICS INC | Healthcare | 1.6% | $8.4m | 600,000 | – | new |
| 26 | GSM FERROGLOBE PLC | Basic Materials | 1.4% | $7.3m | 2,000,000 | 0% | held |
| 27 | TTI TETRA TECHNOLOGIES INC DEL | Energy | 1.3% | $6.7m | 2,000,000 | 5% | added |
| 28 | ETOR ETORO GROUP LTD | Financial Services | 1.3% | $6.7m | 100,000 | – | new |
| 29 | TLS TELOS CORP MD | 1.2% | $6.3m | 2,000,000 | -26% | reduced | |
| 30 | GPRE GREEN PLAINS INC | Basic Materials | 1.2% | $6.0m | 1,000,000 | 100% | added |
| 31 | BORR BORR DRILLING LTD | Energy | 0.7% | $3.8m | 2,100,000 | 7% | added |
| 32 | STIM NEURONETICS INC | Healthcare | 0.7% | $3.5m | 1,000,000 | 0% | held |
| 33 | LUCD LUCID DIAGNOSTICS INC | 0.6% | $3.1m | 2,727,273 | 0% | held | |
| 34 | DOW DOW INC | Basic Materials | 0.5% | $2.6m | 100,000 | – | new |
| 35 | SENS SENSEONICS HLDGS INC | Healthcare | 0.4% | $2.1m | 4,500,000 | 0% | held |
| 36 | SRRK SCHOLAR ROCK HLDG CORP | Healthcare | 0.3% | $1.8m | 50,000 | – | new |
| 37 | PLUG PLUG POWER INC | Industrials | 0.3% | $1.5m | 1,000,000 | – | new |
| 38 | UP WHEELS UP EXPERIENCE INC | 0.2% | $1.1m | 1,000,000 | – | new | |
| 39 | NG NOVAGOLD RES INC | Basic Materials | 0.1% | $409.0k | 100,000 | – | 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.