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Livermore
Livermore
ZHEN

X-Square Capital, LLC

SEC CIK
0001729300
Latest filing
Aug 12, 2026

Holdings in Q2 2025

Holdings as of Jun 30, 2025, filed Aug 5, 2025. Long positions only; changes compare share counts with Q1 2025.

Institution overview
Positions
160
+6 vs. Q1 2025
Portfolio value
$278.1M
+$45.4M (+19.5%) vs. Q1 2025
Filed
Aug 5, 2025
SEC
Holdings of X-Square Capital, LLC in Q2 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
HIMSHims & Hers Health, Inc.Stock235,290$11.7M4.2%+81,810+53.3%AddedHistory
SPYSPDR S&P 500 ETF TrustETF16,622$10.3M3.7%+1,013+6.5%AddedHistory
MSTRStrategy IncStock25,257$10.2M3.7%+10,400+70.0%AddedHistory
IBITiShares Bitcoin Trust ETFETF129,466$7.92M2.9%−120,960−48.3%ReducedHistory
METAMeta Platforms, Inc.Stock10,491$7.74M2.8%−71−0.7%ReducedHistory
OFGOfg BancorpCOM166,404$7.12M2.6%−710−0.4%ReducedHistory
JPMJPMorgan Chase & CoStock22,100$6.41M2.3%−99−0.4%ReducedHistory
IRENIREN LtdORDINARY SHARES435,951$6.35M2.3%+246,333+129.9%AddedHistory
FBPFirst BancorpCOM NEW297,284$6.19M2.2%−1,546−0.5%ReducedHistory
BRK.BBerkshire Hathaway IncStock10,915$5.30M1.9%−50.0%ReducedHistory
MELIMercadolibre IncCOM1,864$4.87M1.8%−9−0.5%ReducedHistory
MUMicron Technology IncStock38,240$4.71M1.7%−37−0.1%ReducedHistory
NVDANVIDIA CorpStock29,253$4.62M1.7%−367−1.2%ReducedHistory
AMZNAmazon Com IncStock21,034$4.61M1.7%+115+0.5%AddedHistory
AMDAdvanced Micro Devices IncStock31,848$4.52M1.6%−9,183−22.4%ReducedHistory
TJXTJX Companies IncStock32,878$4.06M1.5%−150−0.5%ReducedHistory
AMGNAmgen IncStock14,464$4.04M1.5%+78+0.5%AddedHistory
URIUnited Rentals, Inc.COM5,151$3.88M1.4%+34+0.7%AddedHistory
WMTWalmart Inc.Stock35,703$3.49M1.3%+186+0.5%AddedHistory
TDGTransDigm Group INCCOM2,215$3.37M1.2%+36+1.7%AddedHistory
PMPhilip Morris International Inc.Stock18,461$3.36M1.2%+4,899+36.1%AddedHistory
GDGeneral Dynamics CorpStock11,395$3.32M1.2%−7−0.1%ReducedHistory
APPAppLovin CorpCOM CL A9,364$3.28M1.2%+5,115+120.4%AddedHistory
PYPLPayPal Holdings, Inc.Stock42,584$3.17M1.1%+545+1.3%AddedHistory
SUSuncor Energy IncStock84,442$3.16M1.1%+125+0.1%AddedHistory
LMNDLemonade, Inc.Stock70,571$3.09M1.1%+70,571NewHistory
MSFTMicrosoft CorpStock6,118$3.04M1.1%−9−0.1%ReducedHistory
XPOXPO, Inc.COM23,738$3.00M1.1%+252+1.1%AddedHistory
QXOQXO, Inc.COM NEW137,241$2.96M1.1%+77,241+128.7%AddedHistory
ABBVAbbVie Inc.Stock15,674$2.91M1.0%+133+0.9%AddedHistory
GNRCGenerac Holdings Inc.Stock20,279$2.90M1.0%+5,201+34.5%AddedHistory
LULUlululemon athletica inc.Stock12,171$2.89M1.0%+7,248+147.2%AddedHistory
TSLATesla, Inc.Stock9,096$2.89M1.0%−1,326−12.7%ReducedHistory
CMGChipotle Mexican Grill IncCOM49,597$2.79M1.0%+308+0.6%AddedHistory
CPRTCopart IncCOM53,121$2.61M0.9%+224+0.4%AddedHistory
COSTCostco Wholesale CorpStock2,542$2.52M0.9%−2,956−53.8%ReducedHistory
BKNGBooking Holdings Inc.Stock420$2.43M0.9%+6+1.4%AddedHistory
AAPLApple Inc.Stock11,771$2.42M0.9%+219+1.9%AddedHistory
KOCoca Cola CoStock31,240$2.21M0.8%−329−1.0%ReducedHistory
DPZDominos Pizza IncCOM4,884$2.20M0.8%+126+2.6%AddedHistory
ORLYO Reilly Automotive IncStock23,279$2.10M0.8%−151−0.6%ReducedConverted for a 15-for-1 splitHistory
BJBJ's Wholesale Club Holdings, Inc.COM19,302$2.08M0.7%+12,400+179.7%AddedHistory
VLOValero Energy CorpStock15,452$2.08M0.7%−284−1.8%ReducedHistory
GOOGAlphabet Inc.Stock11,686$2.07M0.7%−63−0.5%ReducedHistory
Xsquare Ser Tr98422R104MUNICIPAL INCOME80,171$2.02M0.7%+68+0.1%Added–
Sprott FDS Tr85208P303URANIUM MINERS E41,043$1.97M0.7%00.0%Unchanged–
EXPEExpedia Group, Inc.Stock11,514$1.94M0.7%−127−1.1%ReducedHistory
ASTSAST SpaceMobile, Inc.COM CL A41,000$1.92M0.7%+41,000NewHistory
DGDollar General CorpCOM16,611$1.90M0.7%+192+1.2%AddedHistory
GLDSPDR Gold TrustETF6,182$1.88M0.7%+6,182NewHistory
LENLennar CorpCL A16,991$1.88M0.7%+176+1.0%AddedHistory
State Street Energy Select Sector SPDR ETF81369Y506ETF21,968$1.86M0.7%−135−0.6%Reduced–
PPLTabrdn Platinum ETF TrustPHYSCL PLATM SHS14,825$1.82M0.7%+14,825NewHistory
KMBKimberly Clark CorpStock13,966$1.80M0.6%−81−0.6%ReducedHistory
NOCNorthrop Grumman CorpStock3,465$1.73M0.6%−23−0.7%ReducedHistory
RHRHCOM8,999$1.70M0.6%+977+12.2%AddedHistory
Invesco QQQ Trust Series I46090E103ETF3,009$1.66M0.6%+528+21.3%Added–
PEPPepsiCo IncStock12,375$1.63M0.6%+12,375NewHistory
BPOPPopular, Inc.COM NEW14,826$1.63M0.6%−277−1.8%ReducedHistory
MOAltria Group, Inc.Stock27,277$1.60M0.6%+6,822+33.4%AddedHistory
VALEVale S.A.SPONSORED ADS164,085$1.59M0.6%+2,776+1.7%AddedHistory
TPLTexas Pacific Land CorpStock1,452$1.53M0.6%−28−1.9%ReducedHistory
OXYOccidental Petroleum CorpStock34,511$1.45M0.5%+110+0.3%AddedHistory
RTXRTX CorpStock9,545$1.39M0.5%−279−2.8%ReducedHistory
SMCISuper Micro Computer, Inc.Stock28,133$1.38M0.5%+22+0.1%AddedHistory
FASTFastenal CoStock32,113$1.35M0.5%+299+0.9%AddedConverted for a 2-for-1 splitHistory
HDHome Depot, Inc.Stock3,568$1.31M0.5%+49+1.4%AddedHistory
GRMNGarmin LtdSHS6,123$1.28M0.5%+158+2.6%AddedHistory
FROFrontline plcCOM77,606$1.27M0.5%+49,713+178.2%AddedHistory
BAHBooz Allen Hamilton Holding CorpCL A11,838$1.23M0.4%+228+2.0%AddedHistory
SHOPShopify Inc.Stock10,253$1.18M0.4%+170+1.7%AddedHistory
LMTLockheed Martin CorpStock2,434$1.13M0.4%+31+1.3%AddedHistory
PHMPultegroup IncCOM10,646$1.12M0.4%−104−1.0%ReducedHistory
VALValaris LtdCL A25,657$1.08M0.4%−98−0.4%ReducedHistory
NFENew Fortress Energy Inc.COM CL A320,387$1.06M0.4%+128,891+67.3%AddedHistory
CBChubb LtdStock3,667$1.06M0.4%−80−2.1%ReducedHistory
COINCoinbase Global, Inc.COM CL A3,014$1.06M0.4%+142+4.9%AddedHistory
JNJJohnson & JohnsonStock6,541$999.0K0.4%+125+1.9%AddedHistory
Vanguard Morningstar Growth ETF922908736ETF2,262$992.0K0.4%+80+3.7%Added–
ORCLOracle CorpStock4,507$985.0K0.4%+233+5.5%AddedHistory
ASMLASML Holding NVADR1,225$982.0K0.4%+9+0.7%AddedHistory
TEVATeva Pharmaceutical Industries LtdSPONSORED ADS57,864$970.0K0.3%−1,428−2.4%ReducedHistory
GFSGLOBALFOUNDRIES Inc.Stock24,301$928.0K0.3%−95−0.4%ReducedHistory
BACBank of America CorpStock18,979$898.0K0.3%−150−0.8%ReducedHistory
EXEExpand Energy CorpCOM7,566$885.0K0.3%+189+2.6%AddedHistory
SMLRSemler Scientific, Inc.COM22,774$882.0K0.3%00.0%UnchangedHistory
ZIMZIM Integrated Shipping Services Ltd.SHS54,100$870.0K0.3%+54,100NewHistory
ALLYAlly Financial Inc.Stock22,222$866.0K0.3%+803+3.7%AddedHistory
DUOLDuolingo, Inc.CL A COM2,110$865.0K0.3%+2,110NewHistory
MAMastercard IncStock1,530$860.0K0.3%+58+3.9%AddedHistory
FIXComfort Systems USA IncCOM1,600$858.0K0.3%00.0%UnchangedHistory
FTNTFortinet, Inc.Stock8,072$853.0K0.3%+321+4.1%AddedHistory
TSCOTractor Supply CoCOM16,106$850.0K0.3%+563+3.6%AddedHistory
Vanguard Morningstar Value ETF922908744ETF4,531$801.0K0.3%+173+4.0%Added–
HCCWarrior Met Coal, Inc.COM17,150$786.0K0.3%00.0%UnchangedHistory
TMUST-Mobile US, Inc.Stock3,152$751.0K0.3%+1,428+82.8%AddedHistory
EMEEMCOR Group, Inc.Stock1,385$741.0K0.3%00.0%UnchangedHistory
BRK.ABerkshire Hathaway IncCL A1$729.0K0.3%00.0%UnchangedHistory
UCOProShares Trust IIULTA BLMBG 201730,000$672.0K0.2%+30,000NewHistory
PGProcter & Gamble CoStock4,214$671.0K0.2%−17−0.4%ReducedHistory

Sold out since Q1 2025 (13)

Positions held at the end of Q1 2025 that are gone from this filing.

Positions of X-Square Capital, LLC sold out since Q1 2025
SecurityClassShares in Q1 2025Value in Q1 2025% of portfolio in Q1 2025History
SKXSkechers USA IncCL A49,072$2.79M1.2%History
PLTRPalantir Technologies Inc.Stock20,562$1.74M0.7%History
Direxion Shs ETF Tr25459W458DLY SCOND 3XBU57,280$914.0K0.4%–
UBERUber Technologies, IncStock10,004$729.0K0.3%History
RACEFerrari N.V.COM1,533$656.0K0.3%History
MARAMARA Holdings, Inc.COM48,500$558.0K0.2%History
Direxion Shs ETF Tr25460G138DAILY 20+ YEAR T10,500$462.0K0.2%–
HEHawaiian Electric Industries IncCOM36,313$398.0K0.2%History
RIOTRiot Platforms, Inc.COM40,527$289.0K0.1%History
ProShares Tr74347R107PSHS ULT S&P 5003,415$283.0K0.1%–
RIGTransocean Ltd.REGISTERED SHS83,860$266.0K0.1%History
ProShares Tr74347X831ULTRAPRO QQQ3,530$202.0K0.1%–
Golden Ocean Group LtdG39637205SHS NEW25,000$200.0K0.1%–