X-Square Capital, LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
X-Square Capital, LLC disclosed 160 US equity positions worth $305.2m in its Q4 2025 13F filing. The largest position was HIMS at 5.0% of the reported book, followed by ASTS and SPY. Against the Q3 2025 filing, it opened 4 new positions, added to 14 and reduced 30 among the top 50 holdings.
What did X-Square Capital, LLC own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | HIMS HIMS & HERS HEALTH INC | Healthcare | 5.0% | $15.2m | 468,999 | 10% | added |
| 2 | ASTS AST SPACE MOBILE INC | Technology | 4.1% | $12.4m | 170,350 | -25% | reduced |
| 3 | SPY SPDR S&P 500 ETF | 3.9% | $11.9m | 17,442 | 4% | added | |
| 4 | AMD ADVANCED MICRO DEVICES I | Technology | 3.2% | $9.6m | 45,008 | -28% | reduced |
| 5 | IREN IREN LIMITED | Financial Services | 3.0% | $9.1m | 240,000 | – | new |
| 6 | MELI MERCADOLIBRE INC | Consumer Cyclical | 2.5% | $7.7m | 3,830 | 103% | added |
| 7 | MU MICRON TECHNOLOGY | Technology | 2.4% | $7.3m | 25,747 | -33% | reduced |
| 8 | META META PLATFORMS INC CLASS A | Communication Services | 2.3% | $7.1m | 10,706 | 1% | added |
| 9 | JPM JPMORGAN CHASE & CO | Financial Services | 2.3% | $7.0m | 21,819 | -2% | reduced |
| 10 | ROOT ROOT INC | Financial Services | 1.8% | $5.6m | 77,096 | – | new |
| 11 | NVDA NVIDIA CORP | Technology | 1.7% | $5.2m | 27,722 | 10% | added |
| 12 | BRK/B BERKSHIRE HATHAWAY CLASS B | 1.7% | $5.1m | 10,125 | -5% | reduced | |
| 13 | TJX TJX COMPANIES INC | Consumer Cyclical | 1.6% | $5.0m | 32,285 | -3% | reduced |
| 14 | AMZN AMAZON.COM INC | Consumer Cyclical | 1.6% | $4.9m | 21,034 | -1% | reduced |
| 15 | AMGN AMGEN INC. | Healthcare | 1.5% | $4.7m | 14,395 | -2% | reduced |
| 16 | IBIT ISHARES BITCOIN TRUST | 1.5% | $4.6m | 92,645 | -31% | reduced | |
| 17 | MSTR MICROSTRATEGY INC-CL A | Technology | 1.4% | $4.3m | 28,155 | 54% | added |
| 18 | DUOL DUOLINGO INC | Technology | 1.4% | $4.2m | 23,686 | 207% | added |
| 19 | URI UNITED RENTALS INC | Industrials | 1.3% | $4.1m | 5,051 | -3% | reduced |
| 20 | WMT WALMART INC | Consumer Defensive | 1.3% | $4.0m | 36,088 | 1% | added |
| 21 | GD GENERAL DYNAMICS CO | Industrials | 1.2% | $3.8m | 11,226 | -3% | reduced |
| 22 | GOOG ALPHABET INC. CLASS C | Communication Services | 1.2% | $3.7m | 11,792 | 1% | added |
| 23 | SU SUNCOR ENERGY INC F | Energy | 1.2% | $3.7m | 82,940 | -3% | reduced |
| 24 | CPRT COPART INC | Industrials | 1.2% | $3.6m | 90,853 | -1% | reduced |
| 25 | ABBV ABBVIE INC | Healthcare | 1.2% | $3.5m | 15,408 | -3% | reduced |
| 26 | AAPL APPLE INC | Technology | 1.1% | $3.3m | 12,319 | 4% | added |
| 27 | EXPE EXPEDIA GROUP INC | Consumer Cyclical | 1.1% | $3.3m | 11,536 | -2% | reduced |
| 28 | XPO XPO INC | Industrials | 1.0% | $3.1m | 23,083 | -4% | reduced |
| 29 | TSLA TESLA INC | Consumer Cyclical | 1.0% | $3.1m | 6,835 | -4% | reduced |
| 30 | MSFT MICROSOFT CORP | Technology | 1.0% | $3.0m | 6,138 | -1% | reduced |
| 31 | ONDS ONDAS HOLDINGS INC | Technology | 1.0% | $2.9m | 300,000 | 100% | added |
| 32 | PM PHILIP MORRIS INTL | Consumer Defensive | 0.9% | $2.9m | 18,055 | -2% | reduced |
| 33 | TDG TRANSDIGM GROUP INC | Industrials | 0.9% | $2.9m | 2,159 | -4% | reduced |
| 34 | NAIL DBX ETF TR | 0.9% | $2.6m | 52,500 | – | new | |
| 35 | ORCL ORACLE CORPORATION | Technology | 0.8% | $2.6m | 13,215 | 193% | added |
| 36 | PYPL PAYPAL HOLDINGS INCORPOR | Financial Services | 0.8% | $2.4m | 40,680 | -4% | reduced |
| 37 | BKNG BOOKING HOLDINGS INC | Consumer Cyclical | 0.8% | $2.3m | 435 | 0% | held |
| 38 | LULU LULULEMON ATHLETICA INC | Consumer Cyclical | 0.7% | $2.3m | 10,851 | -5% | reduced |
| 39 | COST COSTCO WHOLESALE CO | Consumer Defensive | 0.7% | $2.3m | 2,614 | 2% | added |
| 40 | DG DOLLAR GENERAL CORP | Consumer Defensive | 0.7% | $2.1m | 16,151 | -4% | reduced |
| 41 | RACE FERRARI N V | Consumer Cyclical | 0.7% | $2.1m | 5,788 | – | new |
| 42 | X-SQUARE MUNI INC TAX FR ETF | 0.7% | $2.1m | 80,835 | 0% | held | |
| 43 | VALE VALE SA F SPONSORED ADR 1 ADR REPS 1 ORD SHS | Basic Materials | 0.7% | $2.1m | 158,535 | -1% | reduced |
| 44 | GNRC GENERAC HOLDINGS INC | Industrials | 0.7% | $2.0m | 14,895 | -4% | reduced |
| 45 | ORLY O'REILLY AUTOMOTIVE INC | Consumer Cyclical | 0.7% | $2.0m | 21,969 | -7% | reduced |
| 46 | DPZ DOMINOS PIZZA INC | Consumer Cyclical | 0.7% | $2.0m | 4,789 | -4% | reduced |
| 47 | OFG OFG BANCORP F | Financial Services | 0.6% | $2.0m | 47,952 | -70% | reduced |
| 48 | FBP FIRST BANCORP F | Financial Services | 0.6% | $2.0m | 94,096 | -65% | reduced |
| 49 | CROX CROCS INC | Consumer Cyclical | 0.6% | $1.9m | 22,594 | -1% | reduced |
| 50 | QQQ INVSC QQQ TRUST SRS 1 ETF | 0.6% | $1.9m | 3,104 | 1% | added |
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.