Arkolith/Funds/Intercapital, LLC

Intercapital, LLC

CIK 2108411
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Intercapital, LLC holds a focused book of 66 stocks worth $180.7M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened DAVE INC and trimmed AMAZON COM INC. Their largest long position is LULULEMON ATHLETICA INC at 7% of the equity book. They also disclosed $45.3M in put options (a bearish bet) and $73.4M in call options (bullish), shown separately below and excluded from the equity book.

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Use Arkolith to show INTERCAPITAL, LLC's latest
holdings, largest changes, and filing provenance.
Opened
21
new positions
Added to
15
existing
Trimmed
26
reduced
Sold out
22
exited

Concentration

Top-heavy: focused book

Top 5 holdings
34%
Top 10 holdings
54%
Top 20 holdings
77%

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

Direct sector allocation

0% mapped to company sectors

ETF / fund or unclassified
100%

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, no cost basis

Bought
  • REDDIT INC
    66×$13.1M
  • LULULEMON ATHLETICA INC
    +753%$11.8M
  • MICROSOFT CORP
    +612%$9.5M
  • MERCADOLIBRE INC
    +596%$8.5M
  • DAVE INC
    New$6.9M
  • DUOLINGO INC
    New$5.9M
Trimmed / exited
  • MICRON TECHNOLOGY INC
    −91%$16.2M
  • ISHARES TR
    −84%$5.2M
  • RIVIAN AUTOMOTIVE INC
    −58%$4.6M
  • ISHARES TR
    −77%$3.8M
  • COMPASS INC
    −37%$3.7M
  • PROLOGIS INC.
    −51%$3.4M

Holdings: largest first

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

66 positions
#SecurityValueShares% PortLast moveHistory
1Lululemon Athletica Inc
COM
$13.3M87.0K
7.4%
+753%
Added · +77K sh
2Reddit Inc
CL A
$13.3M98.5K
7.3%
66×
Added · +97K sh
3Amazon Com Inc
COM
$12.3M59.0K
6.8%
−12%
Reduced · −8K sh
4Microsoft Corp
COM
$11.1M29.9K
6.1%
+612%
Added · +26K sh
5Affirm Hldgs Inc
COM CL A
$10.7M233.4K
5.9%
+30%
Added · +54K sh
6Mercadolibre Inc
COM
$9.9M5.8K
5.5%
+596%
Added · +5K sh
7Boeing Co
COM
$7.4M37.0K
4.1%
−26%
Reduced · −13K sh
8Dave Inc
CLASS A COM NEW
$6.9M39.4K
3.8%
New
New position
9Compass Inc
CL A
$6.3M868.5K
3.5%
−37%
Reduced · −503K sh
10Duolingo Inc
CL A COM
$5.9M60.0K
3.3%
New
New position
11Sea Ltd
SPONSORD ADS
$5.8M69.7K
3.2%
+86%
Added · +32K sh
12Broadcom Inc
COM
$5.7M18.5K
3.2%
+825%
Added · +17K sh
13Circle Internet Group Inc
COM CL A
$5.5M57.2K
3.0%
New
New position
14Taiwan Semiconductor Manufac
SPONSORED ADS
$5.0M14.9K
2.8%
−21%
Reduced · −4K sh
15Wix Com Ltd
SHS
$4.2M46.6K
2.3%
+1.7%
Added · +800 sh
16Rivian Automotive Inc
COM CL A
$3.4M225.4K
1.9%
−58%
Reduced · −307K sh
17Prologis Inc.
COM
$3.3M24.9K
1.8%
−51%
Reduced · −25K sh
18Hims & Hers Health Inc
COM CL A
$3.3M158.5K
1.8%
New
New position
19Fidelity Wise Origin Bitcoin
SHS
$2.8M47.0K
1.5%
New
New position
20Apple Inc
COM
$2.7M10.7K
1.5%
+346%
Added · +8K sh
21LPL Finl Hldgs Inc
COM
$2.4M8.0K
1.3%
New
New position
22JPMorgan Chase & Co
COM
$2.4M8.0K
1.3%
New
New position
23Shopify Inc
CL A SUB VTG SHS
$2.2M18.6K
1.2%
+94%
Added · +9K sh
24Nvidia Corporation
COM
$2.2M12.5K
1.2%
+62%
Added · +5K sh
25Venture Global Inc
COM CL A
$1.9M122.5K
1.1%
New
New position
26Credo Technology Group Holdi
ORDINARY SHARES
$1.9M20.2K
1.1%
New
New position
27Micron Technology Inc
COM
$1.5M4.5K
0.8%
−91%
Reduced · −48K sh
28Figma Inc
CLASS A COM STK
$1.5M70.2K
0.8%
New
New position
29Alibaba Group Hldg Ltd
SPONSORED ADS
$1.4M11.0K
0.8%
−42%
Reduced · −8K sh
30RTX Corporation
COM
$1.3M6.5K
0.7%
New
New position
31Western Digital Corp
COM
$1.2M4.5K
0.7%
−70%
Reduced · −11K sh
32Dutch Bros Inc
CL A
$1.2M23.9K
0.7%
Held
33Applovin Corp
COM CL A
$1.2M3.0K
0.7%
+100%
Added · +2K sh
34Ishares TR
MSCI CHINA ETF
$1.2M20.5K
0.6%
−77%
Reduced · −68K sh
35Robinhood MKTS Inc
COM CL A
$1.1M16.0K
0.6%
New
New position
36Baidu Inc
SPON ADR REP A
$1.0M9.0K
0.6%
−33%
Reduced · −5K sh
37Xpeng Inc
ADS
$987K57.7K
0.5%
+131%
Added · +33K sh
38Ishares TR
CHINA LG-CAP ETF
$975K27.1K
0.5%
−51%
Reduced · −28K sh
39On Hldg AG
NAMEN AKT A
$970K28.5K
0.5%
Held
40PDD Holdings Inc
SPONSORED ADS
$899K8.8K
0.5%
−26%
Reduced · −3K sh
41Interactive Brokers Group In
COM CL A
$872K13.0K
0.5%
−32%
Reduced · −6K sh
42Transdigm Group Inc
COM
$811K700
0.4%
New
New position
43Flutter Entmt PLC
SHS
$803K7.9K
0.4%
New
New position
44Sturm Ruger & Co Inc
COM
$802K20.0K
0.4%
New
New position
45First Solar Inc
COM
$789K4.0K
0.4%
−78%
Reduced · −15K sh
46Life Time Group Holdings Inc
COMMON STOCK
$674K25.0K
0.4%
New
New position
47Direxion Shares ETF Trust
DLY MSFT BULL 2X
$644K28.0K
0.4%
New
New position
48Palantir Technologies Inc
CL A
$585K4.0K
0.3%
New
New position
49Rocket Cos Inc
COM CL A
$544K38.1K
0.3%
Held
50Tidal Trust II
DEF DLY TGT AVGO
$525K15.0K
0.3%
New
New position
Showing 50 of 66 positions

Largest options & derivatives disclosed

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

Put notional (bearish)$45.3M
Call notional (bullish)$73.4M
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishMICROSOFT CORP$37.8M102K
PUT · bearishSELECT SECTOR SPDR TR$10.4M170K
CALL · bullishISHARES TR$7.5M88K
CALL · bullishLULULEMON ATHLETICA INC$7.0M46K
PUT · bearishORACLE CORP$6.7M46K
CALL · bullishDUOLINGO INC$5.7M58K
CALL · bullishAFFIRM HLDGS INC$4.0M87K
PUT · bearishVANECK ETF TRUST$3.8M10K
PUT · bearishTESLA INC$3.0M8K
PUT · bearishISHARES TR$2.8M35K
PUT · bearishNIKE INC$2.6M50K
PUT · bearishSANDISK CORP$2.5M4K
PUT · bearishOCCIDENTAL PETE CORP$2.5M38K
CALL · bullishRIVIAN AUTOMOTIVE INC$2.4M157K
PUT · bearishVISA INC$2.1M7K
PUT · bearishKKR & CO INC$1.9M20K
CALL · bullishSEA LTD$1.5M18K
PUT · bearishLUMENTUM HLDGS INC$1.5M2K
PUT · bearishSTATE STR SPDR S&P 500 ETF T$1.4M2K
PUT · bearishWESTERN DIGITAL CORP$1.4M5K
CALL · bullishMERCADOLIBRE INC$865K500
PUT · bearishAPA CORPORATION$849K20K
CALL · bullishBROADCOM INC$774K3K
CALL · bullishFLUTTER ENTMT PLC$765K8K
PUT · bearishFREEPORT MCMORAN INC$705K12K

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 equity book, weighting, concentration and sector figures above. Showing the largest 25 of 41 option legs.

Filing history

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

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 2026108$299.4M13F-HR
Q4 2025Dec 31, 2025Feb 13, 202692$284.0M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; 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.