Arkolith/Funds/III Capital Management

III Capital Management

CIK 1783139
Holdings as of Jun 30, 2026·disclosed Aug 14, 2026·~45-day 13F lag·13F-HR
Active Filer

III Capital Management holds a concentrated book of 48 reported positions worth $391.1M as of Q2 2026 (disclosed Aug 14, 2026, a ~45-day 13F lag). This quarter they opened Ishr Ibx Usd Hiyld CB ETF-Ui and trimmed Hyatt Hotels Corp - CL A. Their largest long position is SS SPDR S&P 500 ETF Trust-US at 64% of the reported non-option book. They also disclosed $2.9M in call options (bullish), shown separately below and excluded from the non-option book. Cloning the disclosed picks since 2025 would be +20% (+18.7%/yr). That is a simulation of the disclosed long book, not audited returns.

Growth of $10,000: cloning the disclosed book

If you'd copied them
+20.2%
+18.7%/yr · since Aug '25
Their reported book
+19.1%
held from quarter-end
S&P 500
+19.8%
same window
$10K$10K$11K$12K$12KAug '25Oct '25Jan '26Apr '26Jun '26Sep '26
III Capital Management (copied at disclosure) S&P 500

Growth of $10,000 cloning III Capital Management's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~45 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

How much sits in the biggest positions

Top-heavy: concentrated book

Top 5 holdings
76%
Top 10 holdings
81%
Top 20 holdings
89%

Excluding SS SPDR S&P 500 ETF Trust-US (64% of the book), the rest is a focused book:

Top 5 of the rest
37%
Top 10 of the rest
50%
Top 20 of the rest
72%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

22% mapped to company sectors

ETFs / funds
75%
Consumer Discretionary
8%
Industrials
5%
Communication Services
4%
No sector on file yet
3%
Information Technology
2%
Materials
1%
Financials
1%

+1 sector below the cut, under 0.5% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as III Capital Management

Manager / fundShared namesTheir $ in those
Ramsey Quantitative Systems5 / 48$96.2M
Sassicaia Capital Advisers LLC5 / 48$169.2M
Valliance Asset Management Ltd4 / 48$554.6M
Trust Asset Management LLC11 / 48$954.2M
Shulman DeMeo Asset Management LLC4 / 48$284.7M
Consolidated Portfolio Review Corp5 / 48$608.7M
Trivest Advisors Ltd4 / 48$1.6B
Q Fund Management (Hong Kong) Ltd5 / 48$54.9M

Ranked by the share of each fund's own book sitting in the names it shares with III Capital Management: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

48 positions
State STR SPDR S&P 500 ETF T is 63.8% of the book
#SecurityValueShares% PortLast moveHistory
1State STR SPDR S&P 500 ETF T
TR UNIT
$249.4M334.0K
63.8%
+49%
Added · +110K sh
2Ishares TR
IBOXX HI YD ETF
$24.6M308.0K
6.3%
New
New position
3Ishares TR
CORE S&P MCP ETF
$9.6M125.0K
2.5%
New
New position
4Invesco Exchange Traded FD T
S&P500 EQL WGT
$8.5M40.0K
2.2%
New
New position
5CRH PLC
ORD
$4.5M42.4K
1.2%
+16%
Added · +6K sh
6Genuine Parts Co
COM
$4.5M38.0K
1.1%
New
New position
7Versigent PLC
ORDINARY SHARES
$4.3M102.2K
1.1%
New
New position
8Hyatt Hotels Corp
COM CL A
$4.0M20.4K
1.0%
−23%
Reduced · −6K sh
9T-Mobile US Inc
COM
$3.8M22.6K
1.0%
+50%
Added · +7K sh
10Herc Hldgs Inc
COM
$3.5M24.7K
0.9%
+22%
Added · +4K sh
11Vistance Networks Inc
COM
$3.5M271.4K
0.9%
−20%
Reduced · −67K sh
12Burlington Stores Inc
COM
$3.5M10.9K
0.9%
+46%
Added · +3K sh
13Wynn Resorts Ltd
COM
$3.2M33.4K
0.8%
+19%
Added · +5K sh
14Echostar Corp
CL A
$3.2M31.6K
0.8%
+196%
Added · +21K sh
15Western Digital Corp
COM
$3.2M5.0K
0.8%
−37%
Reduced · −3K sh
16Progress Software Corp
NOTE 3.500% 3/0
$3.1M3.20M
0.8%
Held
17Boot Barn Hldgs Inc
COM
$3.0M18.0K
0.8%
New
New position
18People Inc
COM NEW
$2.9M63.0K
0.7%
+29%
Added · +14K sh
19Uber Technologies Inc
COM
$2.9M40.1K
0.7%
+29%
Added · +9K sh
20Rentokil Initial PLC
SPONSORED ADR
$2.9M100.7K
0.7%
+3.6%
Added · +4K sh
21Nexstar Media Group Inc
COMMON STOCK
$2.8M15.5K
0.7%
New
New position
22Urban Outfitters Inc
COM
$2.7M38.3K
0.7%
−30%
Reduced · −17K sh
23Mohawk Inds Inc
COM
$2.5M20.9K
0.6%
−19%
Reduced · −5K sh
24Carnival Corp Ltd
COMMON SHARES
$2.5M86.8K
0.6%
New
New position
25NextEra Energy Inc
UNIT 02/15/2029
$2.4M50.0K
0.6%
Held
26Meta Platforms Inc
CL A
$2.3M4.0K
0.6%
+0.2%
Added · +7 sh
27Boyd Gaming Corp
COM
$2.2M25.0K
0.6%
+29%
Added · +6K sh
28Warner Music Group Corp
COM CL A
$2.1M79.0K
0.5%
New
New position
29SPDR Gold TR
GOLD SHS
$2.1M5.6K
0.5%
+422%
Added · +5K sh
30Booking Holdings Inc
COM
$2.0M11.4K
0.5%
16×
Added · +11K sh
31Mattel Inc
COM
$1.8M132.1K
0.5%
−8.6%
Reduced · −12K sh
32Fox Corp
CL A COM
$1.7M32.6K
0.4%
New
New position
33Driven Brands Hldgs Inc
COM
$1.5M109.0K
0.4%
+46%
Added · +34K sh
34Micron Technology Inc
COM
$1.5M1.3K
0.4%
New
New position
35Akamai Technologies Inc
NOTE 0.250% 5/1
$1.5M1.00M
0.4%
New
New position
36Advanced Micro Devices Inc
COM
$1.3M2.2K
0.3%
New
New position
37Southern Co
NOTE 3.250% 6/1
$1.1M1.09M
0.3%
New
New position
38Versant Media Group Inc
COM CL A
$1.1M30.0K
0.3%
+0.5%
Added · +144 sh
39Sandisk Corp
COM
$1.1M475
0.3%
New
New position
40Middleby Corp
COM
$1.0M6.0K
0.3%
New
New position
41Wyndham Hotels & Resorts Inc
COM
$1.0M12.1K
0.3%
+2.3%
Added · +271 sh
42Dropbox Inc
NOTE 3/0
$1.0M1.00M
0.3%
New
New position
43Charter Communications Inc
CL A
$960K6.7K
0.2%
−44%
Reduced · −5K sh
44Ishares TR
EXPANDED TECH
$906K10.0K
0.2%
New
New position
45Penn Entertainment Inc
COM
$541K25.3K
0.1%
−75%
Reduced · −76K sh
46Expedia Group Inc
COM NEW
$512K2.0K
0.1%
New
New position
47Ralph Lauren Corp
CL A
$452K1.1K
0.1%
−82%
Reduced · −5K sh
48Intel Corp
COM
$405K2.9K
0.1%
New
New position
Showing all 48 positions
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Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Call notional (bullish)$2.9M
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishWYNN RESORTS LTDWYNN$2.9M30K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the non-option book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

$679.4M · Q4 2025Q2 2025 · $557.8MQ2 2026 · $394.0M

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Aug 14, 202645d49$394.0M13F-HR
Q1 2026Mar 31, 2026May 15, 202645d58$344.4M13F-HR
Q4 2025Dec 31, 2025Feb 17, 202648d55$679.4M13F-HR
Q3 2025Sep 30, 2025Nov 14, 202545d47$416.1M13F-HR
Q2 2025Jun 30, 2025Aug 14, 202545d52$557.8M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.