AI Portfolio Summary
In 2025 Q4, III Capital Management maintained a portfolio of 72 distinct positions. The most significant new addition to the portfolio was SELECT SECTOR SPDR T, which now represents 9.48% of the total fund value. They heavily accumulated shares in SPDR S&P 500 ETF TR, increasing their position by 5.6%. The fund also reduced its exposure to OUTFRONT MEDIA INC by 83.3%.
Total Positions
72
Quarter
2025 Q4
Top Holding
SPY (44.1%)
Top 10 Concentration
81.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 72
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
SPY
SPDR S&P 500 ET...
|
ETF | 44.05% | 66.58% |
#1
Prev: #1
|
8.0 | 23,086 | 5.6% |
P
S
|
438,886 | $299,285,141 | 2020 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XLE
PUT
SELECT SECTOR S...
|
PUT Option | 9.48% | — |
#2
Prev: #—
|
8.8 | 1,435,744 | no change |
NEW
|
1,435,744 | $64,431,294 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XLE
CALL
SELECT SECTOR S...
|
CALL Option | 6.02% | — |
#3
Prev: #—
|
6.9 | 911,680 | no change |
NEW
|
911,680 | $40,913,089 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XLF
PUT
SELECT SECTOR S...
|
PUT Option | 4.95% | — |
#4
Prev: #—
|
6.0 | 608,198 | no change |
NEW
|
608,198 | $33,662,670 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KWEB
CALL
KRANESHARES TRU...
|
CALL Option | 4.26% | — |
#5
Prev: #—
|
5.7 | 850,900 | no change |
NEW
|
850,900 | $28,973,131 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LQD
ISHARES TR
|
ETF | 3.71% | — |
#6
Prev: #—
|
5.0 | 229,000 | no change |
NEW
|
229,000 | $25,233,510 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XLF
CALL
SELECT SECTOR S...
|
CALL Option | 3.45% | — |
#7
Prev: #—
|
4.9 | 423,099 | no change |
NEW
|
423,099 | $23,417,772 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
SOUTHERN CO
|
—
|
Bond/Debt | 2.59% | 4.41% |
#8
6
Prev: #2
|
2.0 | no change | no change |
P
S
|
16,482,000 | $17,616,640 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
KWEB
PUT
KRANESHARES TRU...
|
PUT Option | 1.77% | — |
#9
Prev: #—
|
4.2 | 352,400 | no change |
NEW
|
352,400 | $11,999,206 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XLU
PUT
SELECT SECTOR S...
|
PUT Option | 1.38% | — |
#10
Prev: #—
|
4.1 | 219,800 | no change |
NEW
|
219,800 | $9,403,819 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
WEC ENERGY GROU...
|
—
|
Bond/Debt | 0.86% | 1.47% |
#11
7
Prev: #4
|
1.3 | no change | no change |
P
S
|
5,000,000 | $5,837,847 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
RTO
RENTOKIL INITIA...
|
Industrials | 0.80% | 0.97% |
#12
1
Prev: #13
|
2.3 | 25,000 | 15.6% |
P
S
|
185,132 | $5,453,988 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
H
HYATT HOTELS CO...
|
Consumer Cyclical | 0.80% | 1.22% |
#13
7
Prev: #6
|
0.8 | -2,000 | -5.6% |
P
S
|
33,875 | $5,430,840 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AVGO
CALL
BROADCOM INC
|
CALL Option | 0.75% | — |
#14
Prev: #—
|
3.8 | 14,814 | no change |
NEW
|
14,814 | $5,127,125 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
COMM
COMMSCOPE HLDG ...
|
Technology | 0.75% | — |
#15
Prev: #—
|
3.8 | 280,000 | no change |
NEW
|
280,000 | $5,076,400 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GDX
CALL
VANECK ETF TRUS...
|
CALL Option | 0.73% | — |
#16
Prev: #—
|
3.8 | 58,200 | no change |
NEW
|
58,200 | $4,991,814 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DRVN
DRIVEN BRANDS H...
|
Consumer Cyclical | 0.72% | 1.14% |
#17
9
Prev: #8
|
2.3 | 35,000 | 11.8% |
P
S
|
330,625 | $4,899,862 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MHK
MOHAWK INDS INC
|
Consumer Cyclical | 0.67% | 0.92% |
#18
3
Prev: #15
|
2.8 | 12,000 | 40.2% |
P
S
|
41,850 | $4,574,205 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BWA
BORGWARNER INC
|
Consumer Cyclical | 0.64% | 1.12% |
#19
10
Prev: #9
|
0.8 | -10,000 | -9.5% |
P
S
|
95,810 | $4,317,198 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BKNG
BOOKING HOLDING...
|
Consumer Cyclical | 0.63% | — |
#20
Prev: #—
|
3.8 | 800 | no change |
NEW
|
800 | $4,284,264 | 2019 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
URBN
URBAN OUTFITTER...
|
Consumer Cyclical | 0.63% | 0.97% |
#21
7
Prev: #14
|
1.3 | no change | no change |
P
S
|
56,550 | $4,255,953 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BYD
BOYD GAMING COR...
|
Consumer Cyclical | 0.61% | — |
#22
Prev: #—
|
3.7 | 49,000 | no change |
NEW
|
49,000 | $4,176,760 | 2019 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MAT
MATTEL INC
|
Consumer Cyclical | 0.61% | 0.81% |
#23
4
Prev: #19
|
2.2 | 10,000 | 5.0% |
P
S
|
210,000 | $4,166,400 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TMUS
T-MOBILE US INC
|
Communication Services | 0.60% | — |
#24
Prev: #—
|
3.7 | 20,000 | no change |
NEW
|
20,000 | $4,060,800 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
UBER
UBER TECHNOLOGI...
|
Technology | 0.59% | 0.86% |
#25
9
Prev: #16
|
2.7 | 13,000 | 35.8% |
P
S
|
49,313 | $4,029,365 | 2021 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KWEB
KRANESHARES TRU...
|
Bond/Debt | 0.58% | — |
#26
Prev: #—
|
3.7 | 115,000 | no change |
NEW
|
115,000 | $3,915,750 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ACI
ALBERTSONS COS ...
|
Consumer Defensive | 0.54% | 0.51% |
#27
1
Prev: #26
|
3.2 | 95,000 | 78.9% |
P
S
|
215,370 | $3,697,902 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XME
CALL
SPDR SERIES TRU...
|
CALL Option | 0.50% | — |
#28
Prev: #—
|
3.7 | 33,100 | no change |
NEW
|
33,100 | $3,429,491 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RL
RALPH LAUREN CO...
|
Consumer Cyclical | 0.48% | 0.84% |
#29
12
Prev: #17
|
0.7 | -2,000 | -17.9% |
P
S
|
9,155 | $3,237,299 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WDC
WESTERN DIGITAL...
|
Technology | 0.47% | 1.20% |
#30
23
Prev: #7
|
0.2 | -23,207 | -55.6% |
P
S
|
18,506 | $3,188,028 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NCLH
NORWEGIAN CRUIS...
|
Consumer Cyclical | 0.46% | 0.44% |
#31
1
Prev: #30
|
3.2 | 65,000 | 88.2% |
P
S
|
138,734 | $3,096,542 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PBI
PITNEY BOWES IN...
|
Industrials | 0.44% | — |
#32
Prev: #—
|
3.7 | 280,000 | no change |
NEW
|
280,000 | $2,959,600 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SATS
ECHOSTAR CORP
|
Communication Services | 0.40% | 0.46% |
#33
5
Prev: #28
|
1.2 | no change | no change |
P
S
|
25,000 | $2,717,500 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KMB
KIMBERLY-CLARK ...
|
Consumer Defensive | 0.39% | — |
#34
Prev: #—
|
3.7 | 26,000 | no change |
NEW
|
26,000 | $2,623,140 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WH
WYNDHAM HOTELS ...
|
Consumer Cyclical | 0.37% | 0.27% |
#35
5
Prev: #40
|
3.1 | 19,000 | 135.7% |
P
S
|
33,000 | $2,493,480 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
META
META PLATFORMS ...
|
Communication Services | 0.34% | 0.35% |
#36
1
Prev: #35
|
3.1 | 1,500 | 75.0% |
P
S
|
3,500 | $2,310,315 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XLE
SELECT SECTOR S...
|
Unknown | 0.33% | — |
#37
Prev: #—
|
3.6 | 50,000 | no change |
NEW
|
50,000 | $2,235,500 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FLUT
FLUTTER ENTMT P...
|
Consumer Cyclical | 0.32% | — |
#38
Prev: #—
|
3.6 | 10,000 | no change |
NEW
|
10,000 | $2,150,400 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CNK
CINEMARK HLDGS ...
|
Communication Services | 0.29% | 0.57% |
#39
16
Prev: #23
|
1.1 | no change | no change |
P
S
|
85,000 | $1,975,400 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CHTR
CHARTER COMMUNI...
|
Communication Services | 0.28% | 0.79% |
#40
19
Prev: #21
|
0.1 | -3,000 | -25.0% |
P
S
|
9,000 | $1,878,750 | 2019 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
BOX INC
|
—
|
Bond/Debt | 0.26% | 0.44% |
#41
12
Prev: #29
|
1.1 | no change | no change |
P
S
|
1,820,000 | $1,775,474 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
PCG
PUT
PG&E CORP
|
PUT Option | 0.19% | — |
#42
Prev: #—
|
3.6 | 80,000 | no change |
NEW
|
80,000 | $1,285,600 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CAR
AVIS BUDGET GRO...
|
Industrials | 0.19% | 0.35% |
#43
7
Prev: #36
|
2.1 | 1,000 | 11.1% |
P
S
|
10,000 | $1,283,200 | 2019 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KHC
KRAFT HEINZ CO
|
Consumer Defensive | 0.19% | 0.52% |
#44
20
Prev: #24
|
0.1 | -30,000 | -36.2% |
P
S
|
52,779 | $1,279,890 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FUN
SIX FLAGS ENTER...
|
Consumer Cyclical | 0.18% | 0.41% |
#45
12
Prev: #33
|
2.1 | 5,000 | 6.7% |
P
S
|
80,000 | $1,227,200 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ETSY
ETSY INC
|
Consumer Cyclical | 0.16% | — |
#46
Prev: #—
|
3.6 | 20,000 | no change |
NEW
|
20,000 | $1,108,800 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OUT
OUTFRONT MEDIA ...
|
Real Estate | 0.14% | 1.04% |
#47
36
Prev: #11
|
0.1 | -196,094 | -83.3% |
P
S
|
39,300 | $947,130 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GLD
SPDR GOLD TR
|
ETF | 0.12% | 0.04% |
#48
3
Prev: #45
|
3.0 | 1,589 | 333.1% |
P
S
|
2,066 | $818,776 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NFLX
NETFLIX INC
|
ETF | 0.08% | — |
#49
Prev: #—
|
3.5 | 6,000 | no change |
NEW
|
6,000 | $562,560 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XLP
SELECT SECTOR S...
|
Unknown | 0.07% | 0.68% |
#50
28
Prev: #22
|
0.0 | -30,000 | -83.2% |
P
S
|
6,051 | $470,041 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-50 of 72 holdings