Portman Square Capital LLP holds a focused book of 39 reported positions worth $587.0M as of Q2 2026 (disclosed Jul 15, 2026, a ~15-day 13F lag). This quarter they opened Alibaba Group Holding-SP ADR and trimmed Southern Co. Their largest long position is Alibaba Group Holding-SP ADR at 11% of the reported non-option book. They also disclosed $1.3B in put options (a bearish bet) and $229.3M in call options (bullish), shown separately below and excluded from the non-option book. Cloning the disclosed picks since 2023 would be +53% (+12.7%/yr). That is a simulation of the disclosed long book, not audited returns.
Portman Square Capital LLP is a market maker: this book is hedging inventory, not directional conviction.
The reported book (valued from quarter-end) returned +86.5%, a 33.5-point gap that is the cost of the ~15-day 13F disclosure lag a real follower can't avoid.
Growth of $10,000 cloning Portman Square Capital LLP's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~15 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.
Top-heavy: focused book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
50% mapped to company sectors
+2 sectors below the cut, 1% 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.
Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis
Other tracked managers holding the same core names as Portman Square Capital LLP
| Manager / fund | Shared names | Their $ in those |
|---|---|---|
| WT Asset Management Ltd | 3 / 39 | $1.2B |
| Keystone Investors Pte Ltd | 4 / 39 | $396.1M |
| Aequim Alternative Investments LP | 12 / 39 | $1.4B |
| Twin Lakes Capital Management, LLC | 5 / 39 | $51.9M |
| October Effect Ltd | 4 / 39 | $16.4M |
| Pinpoint Asset Management (Singapore) Pte. Ltd. | 5 / 39 | $73.3M |
| Corecam Pte. Ltd. | 3 / 39 | $37.7M |
| Credit Industriel Et Commercial | 10 / 39 | $219.7M |
Ranked by the share of each fund's own book sitting in the names it shares with Portman Square Capital LLP: 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.
Bars show each position's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | Alibaba Group Hldg Ltd SPONSORED ADS | $66.8M | 695.7K | 11.4% | ▲New New position | |
| 2 | Southern Co UNIT 12/15/2028 | $61.8M | 1.24M | 10.5% | ▼−7.5% Reduced · −100K sh | |
| 3 | Reddit Inc CL A | $54.5M | 313.9K | 9.3% | ▲+475% Added · +259K sh | |
| 4 | Wayfair Inc CL A | $37.8M | 409.3K | 6.4% | ▲+125% Added · +227K sh | |
| 5 | PPL Corp UNIT 02/15/2029 | $35.7M | 730.0K | 6.1% | ▼−52% Reduced · −800K sh | |
| 6 | Microchip Technology Inc. DEP SHS REPSTG | $34.7M | 450.0K | 5.9% | ▼−62% Reduced · −725K sh | |
| 7 | Albemarle Corp 7.25% DEP SHS A | $30.0M | 541.0K | 5.1% | —Held | |
| 8 | NextEra Energy Inc COM | $28.3M | 322.8K | 4.8% | ▼−16% Reduced · −63K sh | |
| 9 | Firstenergy Corp NOTE 3.875% 1/1 | $27.3M | 24.60M | 4.7% | ▲New New position | |
| 10 | Seagate Technology HLDNGS PL ORD SHS | $24.3M | 25.2K | 4.1% | ▲New New position | |
| 11 | Evergy Inc NOTE 4.500%12/1 | $22.4M | 15.80M | 3.8% | ▼−21% Reduced · −4.2M sh | |
| 12 | Akamai Technologies Inc COM | $21.1M | 178.1K | 3.6% | ▲New New position | |
| 13 | NextEra Energy Inc UNIT 02/15/2029 | $19.6M | 410.0K | 3.3% | ▼−29% Reduced · −165K sh | |
| 14 | PG&E Corp PFD CONV SER A | $15.8M | 381.0K | 2.7% | —Held | |
| 15 | Novanta Inc UNIT 11/01/2028 | $14.3M | 210.0K | 2.4% | ▼−78% Reduced · −750K sh | |
| 16 | Jazz Investments I Ltd NOTE 3.125% 9/1 | $10.1M | 5.92M | 1.7% | ▼−53% Reduced · −6.6M sh | |
| 17 | SPDR Gold TR GOLD SHS | $9.9M | 27.0K | 1.7% | ▼−25% Reduced · −9K sh | |
| 18 | Oracle Corp COM | $8.5M | 58.0K | 1.4% | ▼−13% Reduced · −9K sh | |
| 19 | Alnylam Pharmaceuticals Inc COM | $7.5M | 25.0K | 1.3% | ▲+48% Added · +8K sh | |
| 20 | Western Digital Corp COM | $6.7M | 10.4K | 1.1% | ▲New New position | |
| 21 | Southern Co COM | $5.9M | 61.8K | 1.0% | ▲+39% Added · +17K sh | |
| 22 | NextEra Energy Inc UNIT 06/01/2027 | $5.4M | 100.0K | 0.9% | —Held | |
| 23 | Ares Management Corporation 6.75 SE B PFD | $5.1M | 140.0K | 0.9% | ▼−55% Reduced · −172K sh | |
| 24 | Kraneshares Trust CSI CHI INTERNET | $4.3M | 175.0K | 0.7% | ▲+25% Added · +35K sh | |
| 25 | Hewlett Packard Enterprise C 7.625 MAND CONV | $4.1M | 35.0K | 0.7% | ▼−84% Reduced · −185K sh | |
| 26 | PG&E Corp COM | $3.9M | 230.8K | 0.7% | ▼−27% Reduced · −84K sh | |
| 27 | On Semiconductor Corp COM | $3.3M | 35.1K | 0.6% | ▼−64% Reduced · −61K sh | |
| 28 | Tetra Tech Inc New COM | $3.3M | 113.4K | 0.6% | ▼−21% Reduced · −31K sh | |
| 29 | Albemarle Corp COM | $3.1M | 22.6K | 0.5% | ▼−74% Reduced · −64K sh | |
| 30 | NextEra Energy Inc UNIT 11/01/2027 | $2.6M | 51.0K | 0.4% | —Held | |
| 31 | PPL Corp COM | $2.1M | 57.0K | 0.4% | ▲New New position | |
| 32 | Zto Express Cayman Inc SPONSORED ADS A | $1.6M | 71.2K | 0.3% | ▼−12% Reduced · −9K sh | |
| 33 | Lucid Group Inc COM NEW | $1.5M | 225.1K | 0.3% | ▼−51% Reduced · −236K sh | |
| 34 | Starwood Ppty TR Inc COM | $1.3M | 81.8K | 0.2% | ▲+24% Added · +16K sh | |
| 35 | Ishares TR CHINA LG-CAP ETF | $948K | 30.0K | 0.2% | ▲New New position | |
| 36 | Upstart Hldgs Inc COM | $674K | 19.0K | 0.1% | ▲+61% Added · +7K sh | |
| 37 | Advanced Energy Inds COM | $462K | 1.2K | 0.1% | ▲New New position | |
| 38 | Hewlett Packard Enterprise C COM | $304K | 6.7K | 0.1% | ▼−96% Reduced · −182K sh | |
| 39 | Xerox Holdings Corp COM NEW | $53K | 16.8K | <0.1% | —Held |
This market maker page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.
curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1966898/holdings"
Use Arkolith to show Portman Square Capital LLP's latest holdings, largest changes, and filing provenance.
Put / call positions from the 13F — totals include every disclosed option leg
| Type | Underlying | Notional value | Underlying shares |
|---|---|---|---|
| PUT · bearish | IREN LTDIREN | $187.3M | 4.1M |
| CALL · bullish | SPDR GOLD SHARESGLD | $128.9M | 350K |
| PUT · bearish | NEXTERA ENERGY INCNEE | $116.6M | 1.3M |
| PUT · bearish | ALIBABA GROUP HOLDING-SP ADRBABA | $113.3M | 1.2M |
| PUT · bearish | SOUTHERN CO/THESO | $84.2M | 880K |
| PUT · bearish | REDDIT INC-CL ARDDT | $71.5M | 412K |
| PUT · bearish | PPL CORPPPL | $65.3M | 1.8M |
| PUT · bearish | WAYFAIR INC- CLASS AW | $52.6M | 570K |
| PUT · bearish | P G & E CORPPCG | $52.2M | 3.1M |
| PUT · bearish | MICROCHIP TECHNOLOGY INCMCHP | $48.1M | 527K |
| PUT · bearish | ALBEMARLE CORPALB | $47.8M | 354K |
| PUT · bearish | SPDR GOLD SHARESGLD | $46.0M | 125K |
| PUT · bearish | AKAMAI TECHNOLOGIES INCAKAM | $45.4M | 384K |
| PUT · bearish | ORACLE CORPORCL | $38.1M | 260K |
| PUT · bearish | ON SEMICONDUCTORON | $26.2M | 277K |
| CALL · bullish | SPECTRUM BRANDS HOLDINGS INCSPB | $24.8M | 289K |
| PUT · bearish | FIRSTENERGY CORPFE | $22.7M | 478K |
| PUT · bearish | GLOBAL PAYMENTS INCGPN | $19.9M | 274K |
| PUT · bearish | TETRA TECH INCTTEK | $19.8M | 685K |
| PUT · bearish | STARWOOD PROPERTY TRUST INCSTWD | $19.4M | 1.2M |
| CALL · bullish | WINNEBAGO INDUSTRIESWGO | $18.2M | 582K |
| PUT · bearish | SYNAPTICS INCSYNA | $18.2M | 146K |
| PUT · bearish | ITRON INCITRI | $16.0M | 185K |
| CALL · bullish | GLOBAL PAYMENTS INCGPN | $16.0M | 220K |
| PUT · bearish | CLOUDFLARE INC - CLASS ANET | $15.8M | 65K |
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. Showing the largest 25 of 55 option legs.
As-of date vs the date the SEC received each filing
Reported 13F total per quarter. Raw filing totals can include option notional.
| Quarter | As of | Filed | Lag | Positions | Value | Form |
|---|---|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | Jul 15, 2026 | 15d | 94 | $2.1B | 13F-HR |
| Q1 2026 | Mar 31, 2026 | Apr 27, 2026 | 27d | 102 | $2.6B | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Jan 23, 2026 | 23d | 117 | $2.3B | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Oct 16, 2025 | 16d | 107 | $2.3B | 13F-HR |
| Q2 2025 | Jun 30, 2025 | Jul 29, 2025 | 29d | 177 | $3.4B | 13F-HR |
| Q1 2025 | Mar 31, 2025 | May 2, 2025 | 32d | 213 | $3.8B | 13F-HR |
| Q4 2024 | Dec 31, 2024 | Jan 16, 2025 | 16d | 248 | $2.8B | 13F-HR |
| Q3 2024 | Sep 30, 2024 | Oct 16, 2024 | 16d | 306 | $2.7B | 13F-HR |
| Q2 2024 | Jun 30, 2024 | Jul 19, 2024 | 19d | 323 | $2.9B | 13F-HR |
| Q1 2024 | Mar 31, 2024 | Apr 15, 2024 | 15d | 299 | $3.6B | 13F-HR |
| Q4 2023 | Dec 31, 2023 | Jan 19, 2024 | 19d | 428 | $4.4B | 13F-HR |
| Q3 2023 | Sep 30, 2023 | Oct 30, 2023 | 30d | 433 | $4.1B | 13F-HR |
| Q2 2023 | Jun 30, 2023 | Jul 26, 2023 | 26d | 373 | $3.5B | 13F-HR |
| Q1 2023 | Mar 31, 2023 | May 4, 2023 | 34d | 299 | $2.2B | 13F-HR |
| Q4 2022 | Dec 31, 2022 | Feb 23, 2023 | 54d | 302 | $1.4B | 13F-HR |
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.