Arkolith/Funds/Waterloo Capital, L.P.

Waterloo Capital, L.P.

CIK 1730942
Holdings as of Jun 30, 2026·disclosed Jul 29, 2026·~29-day 13F lag·13F-HR
Active Filer

Waterloo Capital, L.P. holds a diversified book of 555 reported positions worth $1.8B as of Q2 2026 (disclosed Jul 29, 2026, a ~29-day 13F lag). This quarter Sprott Physical Copper Trust first appears in 13F filings (one of 3 new listings in the book), a listing rather than a purchase; they opened Avantis US Large Cap Value and trimmed Aptus Collared Invest Opp. Their largest long position is Ste STR SPDR PT S&P 500 ETF at 4% of the reported non-option book. They also disclosed $2.2M in put options (a bearish bet) and $2.0M in call options (bullish), shown separately below and excluded from the non-option book. Cloning the disclosed picks since 2024 would be +23% (+12.0%/yr). That is a simulation of the disclosed long book, not audited returns.

Opened
121
bought for the first time
+118 more · largest first
3 newly reportable · first quarter we see the security in 13F filings, a listing not a purchase
Sold out
47
exited the position entirely
+44 more · largest first, by prior value

Growth of $10,000: cloning the disclosed book

If you'd copied them
+22.8%
+12.0%/yr · since Nov '24
Their reported book
+24.2%
held from quarter-end
S&P 500
+32.1%
same window
$9K$10K$11K$12K$13KNov '24Mar '25Aug '25Dec '25Apr '26Sep '26
Waterloo Capital, L.P. (copied at disclosure) S&P 500

Growth of $10,000 cloning Waterloo Capital, L.P.'s disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~29 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: diversified book

Top 5 holdings
16%
Top 10 holdings
26%
Top 20 holdings
38%

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

43% mapped to company sectors

ETFs / funds
55%
Information Technology
16%
Consumer Discretionary
6%
Financials
5%
Real Estate
4%
Industrials
3%
Health Care
3%
Utilities
3%

+5 sectors below the cut, 6% 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
Newly reportable· first quarter we see the security in 13F filings · position value, not a trade

Funds with the most overlap

Other tracked managers holding the same core names as Waterloo Capital, L.P.

Manager / fundShared namesTheir $ in those
Innovator Capital Management, LLC8 / 80$2.9B
Swiss Re Ltd27 / 80$1.0B
Hoffman, Alan N Investment Management8 / 80$154.1M
Draper Asset Management, LLC10 / 80$178.6M
Trans-Canada Capital Inc.8 / 80$1.6B
MKP Capital Management, L.L.C.11 / 80$3.2B
9823 Capital, L.P.8 / 80$125.6M
Brogan Financial, Inc.25 / 80$206.5M

Ranked by the share of each fund's own book sitting in the names it shares with Waterloo Capital, L.P.: 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.

555 positions
#SecurityValueShares% PortLast moveHistory
1State Street SPDR Portfolio S&P 500 ETF
ST STR P500ETF
$74.8M851.7K
4.2%
+368%
Added · +670K sh
2Walmart Inc Com
COM
$60.1M530.3K
3.4%
+4.5%
Added · +23K sh
3State Street SPDR Portfolio S&P 500 Growth ETF
ST STR P500GRW
$54.1M454.7K
3.0%
+30%
Added · +104K sh
4Avantis U.S. Large Cap Value ETF
US LARGE CAP VLU
$45.9M502.9K
2.6%
New
New position
5Apple Inc
COM
$41.5M143.4K
2.3%
+16%
Added · +20K sh
6Invesco Nasdaq 100 ETF
NASDAQ 100 ETF
$39.2M129.3K
2.2%
+17%
Added · +19K sh
7Nvidia Corp
COM
$36.9M184.5K
2.1%
+9.6%
Added · +16K sh
8Fidelity Enhanced International ETF
ENHANCED INTL
$36.5M909.5K
2.1%
+3.5%
Added · +31K sh
9Aptus Collared Investment Opportunity ETF
APTUS COLLRD INV
$34.3M742.9K
1.9%
−2.5%
Reduced · −19K sh
10Ishares Msci Emerging Markets Ex China ETF
MSCI EMRG CHN
$30.4M297.5K
1.7%
+2.9%
Added · +8K sh
11Invesco S&P 500 Equal Weight ETF
S&P500 EQL WGT
$30.1M141.7K
1.7%
−6.8%
Reduced · −10K sh
12Aptus International Enhanced Yield
APTUS INT ENH YL
$26.2M952.0K
1.5%
−2.1%
Reduced · −21K sh
13JPMorgan Core Plus Bond ETF
CORE PLUS BD ETF
$25.3M540.0K
1.4%
+20%
Added · +90K sh
14Access Treasury 0-1 Year ETF
ACCES TREASURY
$23.5M234.9K
1.3%
+1.3%
Added · +3K sh
15Aptus Defined Risk ETF
APTUS DEFINED
$21.4M744.2K
1.2%
+3.6%
Added · +26K sh
16Vanguard Ftse Developed Markets ETF
VAN FTSE DEV MKT
$21.3M298.5K
1.2%
+0.1%
Added · +335 sh
17Broadcom Inc Com
COM
$20.8M54.9K
1.2%
+19%
Added · +9K sh
18Vanguard S&P 500 ETF
S&P 500 ETF SHS
$19.8M28.8K
1.1%
−11%
Reduced · −4K sh
19Ishares S&P 500 Index
CORE S&P500 ETF
$19.5M26.1K
1.1%
−67%
Reduced · −54K sh
20Opus Small Cap Value ETF
OPUS SML CP VL
$19.3M457.2K
1.1%
−1.4%
Reduced · −7K sh
21Capital Group Short Duration Income ETF
SHORT DURATION
$18.3M710.0K
1.0%
New
New position
22Microsoft
COM
$17.5M46.8K
1.0%
+9.7%
Added · +4K sh
23Ishares 7-10 Year Treasury Bond ETF
7-10 YR TRSY BD
$16.9M179.1K
1.0%
+111%
Added · +94K sh
24Amazon.com Inc
COM
$16.1M67.3K
0.9%
+12%
Added · +7K sh
25Vaneck Semiconductor ETF
SEMICONDUCTR ETF
$15.6M23.9K
0.9%
−27%
Reduced · −9K sh
26Alphabet Inc Cap STK CL C
CAP STK CL C
$15.0M42.5K
0.8%
+25%
Added · +8K sh
27State Street SPDR S&P 500 ETF
TR UNIT
$14.6M19.6K
0.8%
+24%
Added · +4K sh
28Ishares National Muni Bond ETF
NATIONAL MUN ETF
$14.3M133.2K
0.8%
−3.4%
Reduced · −5K sh
29Aptus Drawdown Managed Equity ETF
APTUS DRAWDOWN
$14.0M251.0K
0.8%
−3.0%
Reduced · −8K sh
30Powershares QQQ TR
UNIT SER 1
$13.2M17.9K
0.7%
+73%
Added · +8K sh
31ASML Hldg NV N Y Registry SHS
N Y REGISTRY SHS
$12.9M6.5K
0.7%
+331%
Added · +5K sh
32Ishares 0-5 Year Investment Grade Corporate Bond ETF
0-5YR INVT GR CP
$12.9M256.3K
0.7%
+5.9%
Added · +14K sh
33Aptus Large Cap Enhanced Yield ETF
APTUS LARGE CAP
$12.8M307.8K
0.7%
+42%
Added · +91K sh
34Alphabet Inc Cap STK CL A
CAP STK CL A
$12.5M35.1K
0.7%
+3.6%
Added · +1K sh
35Advanced Micro Devices Inc Com
COM
$12.0M20.7K
0.7%
+113%
Added · +11K sh
36Aptus Large Cap Upside ETF
APTUS LRG CAP UP
$11.9M422.0K
0.7%
+4.2%
Added · +17K sh
37Seagate Technology
ORD SHS
$11.7M12.1K
0.7%
−5.8%
Reduced · −749 sh
38Ishares 0-5 Year High Yield Corporate Bond ETF
0-5YR HI YL CP
$10.8M253.8K
0.6%
+5.0%
Added · +12K sh
39Vanguard Ftse Emerging Markets ETF
FTSE EMR MKT ETF
$10.6M178.3K
0.6%
+3.5%
Added · +6K sh
40Ishares Aggregate Bond ETF
CORE US AGGBD ET
$10.6M107.0K
0.6%
+20%
Added · +18K sh
41Ishares Gold Trust
ISHARES NEW
$10.5M139.4K
0.6%
+28%
Added · +30K sh
42Simplify Managed Futures Strategy ETF
MANAGED FUTURES
$10.0M387.2K
0.6%
+200%
Added · +258K sh
43Ishares Core Msci Eafe ETF
CORE MSCI EAFE
$9.4M97.1K
0.5%
−7.1%
Reduced · −7K sh
44Ishares Msci Japan ETF
MSCI JAPAN ETF
$9.3M99.5K
0.5%
+9.2%
Added · +8K sh
45Ishares Russell 1000 Value ETF
RUS 1000 VAL ETF
$9.0M37.3K
0.5%
−17%
Reduced · −8K sh
46State Street SPDR Bloomberg Short Term High Yield Bond ETF
ST TERM HIGH ETF
$8.9M354.6K
0.5%
+4.2%
Added · +14K sh
47Capital Group Core Plus Income ETF
CORE PLUS INCM
$8.6M384.7K
0.5%
New
New position
48Powershares SP500 Low Volatility ETF
S&P500 LOW VOL
$8.5M113.5K
0.5%
−22%
Reduced · −33K sh
49Global E Online Ltd SHS
SHS
$8.5M243.6K
0.5%
New
New position
50State Street SPDR Portfolio Intermediate Term Treasury ETF
ST INTER ETF
$8.4M296.9K
0.5%
−23%
Reduced · −88K sh
Showing 50 of 555 positions
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Largest options & derivatives disclosed

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

Put notional (bearish)$2.2M
Call notional (bullish)$2.0M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishINVESCO QQQ TRUST SERIES 1QQQ$1.8M3K
CALL · bullishISHARES 20+ YEAR TREASURY BDTLT$1.5M17K
PUT · bearishVANECK SEMICONDUCTOR ETFSMH$386K600
CALL · bullishHIGHPEAK ENERGY INCHPK$239K34K
CALL · bullishMICRON TECHNOLOGY INCMU$231K200

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

$1.8B · Q2 2026Q3 2024 · $916.3MQ2 2026 · $1.8B

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

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Jul 29, 202629d560$1.8B13F-HR
Q1 2026Mar 31, 2026May 12, 202642d481$1.4B13F-HR
Q4 2025Dec 31, 2025Feb 10, 202641d456$1.4B13F-HR
Q3 2025Sep 30, 2025Nov 5, 202536d455$1.3B13F-HR
Q2 2025Jun 30, 2025Aug 12, 202543d457$1.2B13F-HR
Q1 2025Mar 31, 2025May 12, 202542d390$1.1B13F-HR
Q4 2024Dec 31, 2024Feb 13, 202544d363$948.9M13F-HR
Q3 2024Sep 30, 2024Nov 14, 202445d354$916.3M13F-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.