Arkolith/Funds/Massar Capital Management, LP

Massar Capital Management, LP

CIK 2037238
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Massar Capital Management, LP holds a focused book of 230 stocks worth $501.0M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Kranesh Csi China Internet and trimmed Ishares Msci Brazil ETF. Their largest long position is Jd.com Inc-ADR at 11% of the equity book. They also disclosed $405.6M in put options (a bearish bet) and $27.7M in call options (bullish), shown separately below and excluded from the equity book.

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Use Arkolith to show Massar Capital Management, LP's latest
holdings, largest changes, and filing provenance.
Opened
112
new positions
Added to
30
existing
Trimmed
24
reduced
Sold out
167
exited

Concentration

Top-heavy: focused book

Top 5 holdings
34%
Top 10 holdings
43%
Top 20 holdings
55%

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

Direct sector allocation

73% mapped to company sectors

ETF / fund or unclassified
27%
Financials
16%
Consumer Discretionary
15%
Information Technology
12%
Industrials
11%
Materials
11%
Health Care
4%
Energy
2%

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
Trimmed / exited

Holdings: largest first

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

230 positions
#SecurityValueShares% PortLast moveHistory
1Jd.com Inc
SPON ADS CL A
$53.1M1.79M
10.6%
16×
Added · +1.7M sh
2Invesco QQQ TR
UNIT SER 1
$43.5M75.4K
8.7%
14×
Added · +70K sh
3Kraneshares Trust
CSI CHI INTERNET
$32.7M1.15M
6.5%
New
New position
4Mercadolibre Inc
COM
$31.5M18.2K
6.3%
11×
Added · +16K sh
5PayPal Hldgs Inc
COM
$9.9M219.5K
2.0%
14×
Added · +203K sh
6Amazon Com Inc
COM
$9.7M46.7K
1.9%
+54%
Added · +16K sh
7Ishares Bitcoin Trust ETF
SHS BEN INT
$9.6M250.0K
1.9%
+374%
Added · +197K sh
8Ishares Inc
MSCI BRAZIL ETF
$9.0M235.0K
1.8%
−56%
Reduced · −300K sh
9Mosaic Co
COM
$8.4M328.7K
1.7%
New
New position
10Vaneck ETF Trust
URANIUM AND NUCL
$8.1M61.1K
1.6%
New
New position
11Uniqure NV
SHS
$7.0M426.0K
1.4%
11×
Added · +386K sh
12MP Materials Corp
COM CL A
$6.8M140.8K
1.4%
Held
13Alibaba Group Hldg Ltd
SPONSORED ADS
$6.5M51.5K
1.3%
−86%
Reduced · −305K sh
14Meta Platforms Inc
CL A
$6.4M11.1K
1.3%
+226%
Added · +8K sh
15Sumitomo Mitsui Fin Grp Inc
SPONSORED ADR
$6.3M320.0K
1.3%
Held
16Molina Healthcare Inc
COM
$6.3M47.3K
1.3%
New
New position
17Hormel Foods Corp
COM
$6.1M269.2K
1.2%
+480%
Added · +223K sh
18Mizuho Financial Group Inc
SPONSORED ADR
$5.2M650.0K
1.0%
Held
19Grayscale Ethereum Staking
SHS NEW
$5.1M255.0K
1.0%
−29%
Reduced · −102K sh
20Microsoft Corp
COM
$4.9M13.2K
1.0%
New
New position
21Mitsubishi Ufj Financial Gro
SPONSORED ADS
$4.8M280.0K
0.9%
Held
22Global X FDS
GLOBAL X URANIUM
$4.7M97.5K
0.9%
Held
23Intel Corp
COM
$4.5M101.0K
0.9%
+47%
Added · +32K sh
24Ero Copper Corp
COM
$4.4M164.1K
0.9%
+42%
Added · +48K sh
25NEOS ETF Trust
NASDAQ 100 HIGH
$4.1M83.4K
0.8%
New
New position
26NEOS ETF Trust
NEOS S&P 500 HI
$4.1M82.5K
0.8%
New
New position
27Take-Two Interactive Softwar
COM
$3.7M18.9K
0.7%
New
New position
28Comstock Res Inc
COM
$3.7M176.9K
0.7%
New
New position
29Ishares Inc
MSCI CHILE ETF
$3.6M91.7K
0.7%
+22%
Added · +17K sh
30Energy Fuels Inc
COM NEW
$3.5M192.0K
0.7%
Held
31Cloudflare Inc
CL A COM
$3.4M16.6K
0.7%
+808%
Added · +15K sh
32Marex Group PLC
ORD
$3.3M73.7K
0.7%
New
New position
33Pan Amern Silver Corp
COM
$3.3M60.0K
0.7%
New
New position
34Alphabet Inc
CAP STK CL A
$3.2M11.1K
0.6%
+38%
Added · +3K sh
35Honeywell Intl Inc
COM
$3.2M14.1K
0.6%
−48%
Reduced · −13K sh
36Coeur MNG Inc
COM NEW
$3.2M168.3K
0.6%
New
New position
37SLM Corp
COM
$3.2M147.4K
0.6%
New
New position
38Coupang Inc
CL A
$2.9M151.2K
0.6%
New
New position
39Renatus Tactical Acquis
SHS CL A
$2.8M277.0K
0.6%
+53%
Added · +95K sh
40Proshares TR
PSHS ULT S&P 500
$2.8M53.9K
0.6%
+611%
Added · +46K sh
41Disney Walt Co
COM
$2.8M28.8K
0.6%
Held
42Sprott FDS TR
NICKEL MINERS ET
$2.6M164.7K
0.5%
New
New position
43Robinhood MKTS Inc
COM CL A
$2.6M36.8K
0.5%
New
New position
44Dow Hldgs Inc
COM
$2.5M59.0K
0.5%
New
New position
45Intrepid Potash Inc
COM
$2.4M55.8K
0.5%
New
New position
46Lyondellbasell Industries NV
SHS - A -
$2.4M29.5K
0.5%
New
New position
47Cellebrite Di Ltd
ORDINARY SHARES
$2.3M168.4K
0.5%
New
New position
48Stevanato Group S P A
ORD SHS
$2.3M168.4K
0.5%
New
New position
49Ecovyst Inc
COM
$2.3M179.0K
0.5%
New
New position
50BHP Billiton Limited
SPONSORED ADS
$2.3M31.6K
0.5%
New
New position
Showing 50 of 230 positions

Largest options & derivatives disclosed

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

Put notional (bearish)$405.6M
Call notional (bullish)$27.7M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishSS SPDR S&P OG EXP & PRODXOP$181.8M1.0M
PUT · bearishISHR IBX USD HIYLD CB ETF-UIHYG$67.8M853K
PUT · bearishEXXON MOBIL CORPXOM$37.2M219K
PUT · bearishWALMART INCWMT$33.5M270K
PUT · bearishELECTRONIC ARTS INCEA$22.2M109K
CALL · bullishINVESCO QQQ TRUST SERIES 1QQQ$16.4M29K
PUT · bearishINVESCO QQQ TRUST SERIES 1QQQ$16.4M29K
PUT · bearishGOLDMAN SACHS GROUP INCGS$12.7M15K
PUT · bearishJPMORGAN CHASE & COJPM$12.0M41K
PUT · bearishAPPLE INCAAPL$11.6M46K
PUT · bearishINTL BUSINESS MACHINES CORPIBM$10.2M42K
CALL · bullishSS FINANCIAL SELECT SECTORXLF$5.2M105K
CALL · bullishKRANESH CSI CHINA INTERNETKWEB$3.0M105K
CALL · bullishTESLA INCTSLA$2.3M6K
CALL · bullishROCKET COS INC-CLASS ARKT$453K32K
CALL · bullishSOFI TECHNOLOGIES INCSOFI$318K20K

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.

Filing history

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

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 2026246$934.2M13F-HR
Q4 2025Dec 31, 2025Feb 17, 2026317$931.8M13F-HR
Q3 2025Sep 30, 2025Nov 14, 2025174$760.1M13F-HR
Q2 2025Jun 30, 2025Nov 14, 2025112$133.8M13F-HR/A

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. Price-derived performance is withheld until the price-source policy and freshness gate are green.