Thoma Capital Management LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Thoma Capital Management LLC maintained a portfolio of 62 distinct positions. They heavily accumulated shares in SPDR S&P 500 ETF TR, increasing their position by 10.6%. Conversely, Thoma Capital Management LLC completely exited their position in JEFFERIES FINL GROUP.
PCA Score Concentration Risk
Risk ENB
Total Positions
62
Quarter
2025 Q4
Top Holding
SPY (25.5%)
Top 10 Concentration
78.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 62
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 25.53% 22.49% #1
Prev: #1
8.0 6,221 10.6%
P
S
64,997 $44,323,028
$602.83 +13.8%
$680.06 +0.9%
2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IGIB
ISHARES TR
ETF 19.39% 21.16% #2
Prev: #2
6.0 -56,408 -8.3%
P
S
624,646 $33,655,918 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IVE
ISHARES TR
ETF 13.46% 11.00% #3
Prev: #3
7.0 17,417 18.8%
P
S
110,134 $23,356,194 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
XLK
SELECT SECTOR S...
Unknown 5.69% 6.91% #4
Prev: #4
5.8 25,895 60.7%
P
S
68,574 $9,872,574 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IWO
ISHARES TR
ETF 4.92% 6.24% #5
Prev: #5
2.5 -7,483 -22.0%
P
S
26,454 $8,544,759 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HACK
AMPLIFY ETF TR
ETF 3.02% 3.75% #6
Prev: #6
1.7 -9,999 -13.3%
P
S
65,291 $5,247,433 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IGLB
ISHARES TR
ETF 2.33% 0.35% #7 39
Prev: #46
3.9 68,292 573.1%
P
S
80,209 $4,046,543 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
APPLE INC
Technology 1.77% 1.75% #8
Prev: #8
1.2 -687 -5.7%
P
S
11,291 $3,069,669 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NVDA
NVIDIA CORPORAT...
Technology 1.17% 1.29% #9 1
Prev: #10
1.0 -1,230 -10.2%
P
S
10,843 $2,022,308 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
AMAZON COM INC
Consumer Cyclical 1.15% 1.21% #10 1
Prev: #11
1.0 -913 -9.5%
P
S
8,666 $2,000,390 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
MICROSOFT CORP
Technology 1.14% 1.29% #11 2
Prev: #9
1.0 -271 -6.2%
P
S
4,078 $1,972,141 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOGL
ALPHABET INC
Communication Services 0.85% 0.74% #12 4
Prev: #16
0.8 -596 -11.3%
P
S
4,693 $1,468,862 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
QQQ
INVESCO QQQ TR
ETF 0.82% 0.88% #13
Prev: #13
0.8 -225 -8.8%
P
S
2,326 $1,429,121 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JPC
NUVEEN PFD & IN...
Financial Services 0.72% 2.04% #14 7
Prev: #7
0.3 -279,073 -64.4%
P
S
154,498 $1,252,979 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IBM
INTERNATIONAL B...
Technology 0.72% 0.73% #15 2
Prev: #17
0.8 -327 -7.2%
P
S
4,195 $1,242,583 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSLA
TESLA INC
Consumer Cyclical 0.70% 0.71% #16 2
Prev: #18
0.8 -101 -3.6%
P
S
2,688 $1,208,847 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
META
META PLATFORMS ...
Communication Services 0.69% 0.80% #17 2
Prev: #15
0.8 -77 -4.1%
P
S
1,818 $1,200,371 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NET
CLOUDFLARE INC
Technology 0.69% 0.82% #18 4
Prev: #14
0.8 -605 -9.1%
P
S
6,036 $1,189,997 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LLY
ELI LILLY & CO
Healthcare 0.62% 0.47% #19 12
Prev: #31
0.7 -64 -6.0%
P
S
1,003 $1,077,460 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DIS
DISNEY WALT CO
Communication Services 0.61% 0.61% #20 1
Prev: #19
0.7 95 1.0%
P
S
9,367 $1,065,673 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ORCL
ORACLE CORP
Technology 0.56% 0.92% #21 9
Prev: #12
0.7 -725 -12.7%
P
S
4,980 $970,681 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AEP
AMERICAN ELEC P...
Utilities 0.56% 0.55% #22 1
Prev: #21
0.7 -203 -2.4%
P
S
8,379 $966,208 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
ALPHABET INC
Communication Services 0.56% 0.44% #23 10
Prev: #33
0.7 -77 -2.4%
P
S
3,076 $965,255 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WMT
WALMART INC
Consumer Defensive 0.54% 0.50% #24 4
Prev: #28
0.7 -33 -0.4%
P
S
8,365 $931,908 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TROW
PRICE T ROWE GR...
Financial Services 0.53% 0.50% #25 4
Prev: #29
2.2 552 6.6%
P
S
8,951 $916,415 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JEF
JEFFERIES FINL ...
Financial Services 0.00% 0.58%
Sold All 😨
(Was: #20)
0.0 -15,524 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PG
PROCTER AND GAM...
Consumer Defensive 0.00% 0.14%
Sold All 😨
(Was: #57)
0.0 -1,556 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 62 holdings

Unlock Full Thoma Capital Management LLC Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics