Masters Capital Management Llc
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$3.03B
Q ending 2026-03-31
Prior quarter
$2.45B
Q ending 2025-12-31
Change
+23.5% QoQ · +48.8% YoY
Positions
85
reported holdings
Largest positions
All 85 reported positions, Q ending 2026-03-31. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| Ishares Tr | TLT | Call | $346.8M | 4.0M |
| Citigroup Inc | C | Call | $226.8M | 2.0M |
| United Parcel Svcs Inc | UPS | Call | $177.1M | 1.8M |
| Intel Corp | INTC | Call | $132.4M | 3.0M |
| Alibaba Group Hldg Ltd | BABA | Call | $125.5M | 1.0M |
| International Business Machs | IBM | Call | $121.2M | 500K |
| General Mtrs Co | GM | Call | $96.8M | 1.3M |
| Wayfair Inc | W | Call | $82.7M | 1.1M |
| Delta Air Lines Inc | DAL | Shares | $66.5M | 1.0M |
| Delta Air Lines Inc | DAL | Put | $66.5M | 1.0M |
| Bristol-Myers Squibb Co | BMY | Call | $60.6M | 1.0M |
| Air Products And Chemicals I | APD | Call | $58.1M | 200K |
| Ormat Technologies Inc | ORA | Call | $56.0M | 500K |
| Borgwarner Inc | BWA | Call | $54.3M | 1.0M |
| Ecolab Inc | ECL | Call | $53.2M | 200K |
| Clorox Co Del | CLX | Call | $51.8M | 500K |
| Slb Limited | SLB | Call | $51.4M | 1.0M |
| Mohawk Inds Inc | MHK | Shares | $49.2M | 500K |
| United Parcel Svcs Inc | UPS | Shares | $49.2M | 500K |
| Freeport Mcmoran Inc | FCX | Call | $47.0M | 800K |
| Ypf Sociedad Anonima | YPF | Call | $46.2M | 1.0M |
| Fluor Corp | FLR | Shares | $43.2M | 925K |
| Ast Spacemobile Inc | ASTS | Shares | $41.4M | 500K |
| Ast Spacemobile Inc | ASTS | Call | $41.4M | 500K |
| Boeing Co | BA | Call | $39.8M | 200K |
| Nov Inc | NOV | Shares | $37.6M | 2.0M |
| Archer Daniels Midland Co | ADM | Call | $36.3M | 500K |
| Cvs Health Corp | CVS | Call | $35.9M | 500K |
| Ionq Inc | IONQ | Call | $31.7M | 1.1M |
| Boston Scientific Corp | BSX | Call | $31.4M | 500K |
| Mohawk Inds Inc | MHK | Call | $29.5M | 300K |
| Firefly Aerospace Inc | FLY | Call | $28.5M | 1.0M |
| Fifth Third Bancorp | FITB | Call | $27.9M | 600K |
| Ncr Voyix Corporation | VYX | Shares | $22.2M | 3.5M |
| Brainsway Ltd | BWAY | Shares | $21.9M | 1.6M |
| Barclays Plc | BCS | Shares | $21.2M | 1.0M |
| Barclays Plc | BCS | Call | $21.2M | 1.0M |
| Dauch Corp | DCH | Shares | $20.8M | 3.5M |
| Fluor Corp | FLR | Call | $20.1M | 430K |
| Alcoa Corp | AA | Call | $19.9M | 300K |
| Hormel Foods Corp | HRL | Shares | $19.3M | 850K |
| Lionsgate Studios Corp | LION | Shares | $19.1M | 2.0M |
| Flotek Industries Inc | FTK | Shares | $18.5M | 1.1M |
| The Realreal Inc | REAL | Shares | $18.2M | 2.0M |
| The Realreal Inc | REAL | Call | $18.2M | 2.0M |
| International Paper Co | IP | Call | $17.9M | 500K |
| Cleveland-Cliffs Inc New | CLF | Call | $16.9M | 2.0M |
| Nokia Corp | NOK | Shares | $16.1M | 2.0M |
| Eastman Chem Co | EMN | Shares | $15.3M | 200K |
| Fastly Inc | FSLY | Call | $14.5M | 500K |
| Venture Global Inc | VG | Call | $13.9M | 880K |
| Mobileye Global Inc | MBLY | Call | $13.7M | 2.0M |
| Huntsman Corp | HUN | Shares | $13.3M | 1.0M |
| Transocean Ltd | Shares | $13.3M | 2.0M | |
| Nexgen Energy Ltd | NXE | Shares | $11.6M | 1.0M |
| Borr Drilling Ltd | Shares | $11.5M | 2.0M | |
| Denali Therapeutics Inc | DNLI | Shares | $11.5M | 600K |
| Enovix Corporation | ENVX | Shares | $10.4M | 2.0M |
| Beta Technologies Inc | BETA | Shares | $10.3M | 700K |
| Cleveland-Cliffs Inc New | CLF | Shares | $10.1M | 1.2M |
| Pony Ai Inc | PONY | Call | $9.4M | 1.0M |
| Pony Ai Inc | PONY | Shares | $9.0M | 950K |
| Fastly Inc | FSLY | Shares | $8.7M | 300K |
| Applied Optoelectronics Inc | AAOI | Call | $8.5M | 100K |
| Telos Corp Md | TLS | Shares | $8.4M | 2.0M |
| Ferroglobe Plc | Shares | $8.2M | 2.0M | |
| Angel Oak Mortgage Reit Inc | AOMR | Shares | $8.2M | 1.0M |
| Vertical Aerospace Ltd | Shares | $7.5M | 3.4M | |
| Isoenergy Ltd | ISOU | Shares | $7.4M | 700K |
| Sunrun Inc | RUN | Shares | $6.8M | 500K |
| Lyft Inc | LYFT | Shares | $6.7M | 500K |
| Lyft Inc | LYFT | Call | $6.7M | 500K |
| Transocean Ltd | Call | $6.6M | 1.0M | |
| Veradermics Inc | MANE | Shares | $6.3M | 100K |
| Iamgold Corp | IAG | Shares | $5.6M | 300K |
| Enovix Corporation | ENVX | Call | $5.2M | 1.0M |
| Eve Hldg Inc | EVEX | Shares | $5.0M | 2.0M |
| Lucid Diagnostics Inc | LUCD | Shares | $4.6M | 4.0M |
| Senseonics Hldgs Inc | SENS | Shares | $3.3M | 500K |
| Integra Res Corp | ITRG | Shares | $2.7M | 1.0M |
| Plug Pwr Inc | PLUG | Shares | $2.3M | 1.0M |
| Wheels Up Experience Inc | 2CH | Shares | $2.1M | 4.0M |
| Neuronetics Inc | STIM | Shares | $1.4M | 1.0M |
| Mobileye Global Inc | MBLY | Shares | $687K | 100K |
| New Fortress Energy Inc | NFE | Shares | $590K | 1.0M |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.