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Livermore
Livermore
ZHEN

111 Capital

SEC CIK
0002060412
Latest filing
Aug 4, 2026

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Nov 12, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
438
−59 vs. Q2 2025
Portfolio value
$527.6M
−$54.0M (−9.3%) vs. Q2 2025
Filed
Nov 12, 2025
SEC
Holdings of 111 Capital in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
State Street Financial Select Sector SPDR ETF81369Y605ETF502,421$27.1M5.1%+502,421New–
NVDANVIDIA CorpStock136,832$25.5M4.8%+15,387+12.7%AddedHistory
MSFTMicrosoft CorpStock42,175$21.8M4.1%+15,177+56.2%AddedHistory
Invesco QQQ Trust Series I46090E103ETF31,089$18.7M3.5%+7,075+29.5%Added–
AAPLApple Inc.Stock64,971$16.5M3.1%−22,567−25.8%ReducedHistory
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 135,425$16.4M3.1%+35,425NewHistory
AVGOBroadcom Inc.Stock42,238$13.9M2.6%+5,812+16.0%AddedHistory
AMZNAmazon Com IncStock56,097$12.3M2.3%+18,653+49.8%AddedHistory
TSLATesla, Inc.Stock21,768$9.68M1.8%−3,112−12.5%ReducedHistory
METAMeta Platforms, Inc.Stock11,400$8.37M1.6%+2,689+30.9%AddedHistory
GOOGLAlphabet Inc.Stock32,596$7.92M1.5%+16,243+99.3%AddedHistory
GOOGAlphabet Inc.Stock29,790$7.26M1.4%+7,716+35.0%AddedHistory
MUMicron Technology IncStock34,932$5.84M1.1%+3,753+12.0%AddedHistory
NFLXNetflix IncStock4,763$5.71M1.1%+1,602+50.7%AddedHistory
COSTCostco Wholesale CorpStock6,019$5.57M1.1%+1,006+20.1%AddedHistory
PLTRPalantir Technologies Inc.Stock24,863$4.54M0.9%−2,786−10.1%ReducedHistory
VVisa Inc.Stock11,664$3.98M0.8%+11,664NewHistory
INTCIntel CorpStock117,758$3.95M0.7%+117,758NewHistory
HONHoneywell International IncCOM18,589$3.91M0.7%+3,074+19.8%AddedHistory
State Street Communication Services Select Sector SPDR ETF81369Y852ETF32,611$3.86M0.7%−1,932−5.6%Reduced–
PMPhilip Morris International Inc.Stock23,686$3.84M0.7%+18,892+394.1%AddedHistory
TMUST-Mobile US, Inc.Stock15,519$3.71M0.7%−4,956−24.2%ReducedHistory
LRCXLam Research CorpStock27,361$3.66M0.7%+10,533+62.6%AddedHistory
ADSKAutodesk, Inc.COM10,895$3.46M0.7%+2,136+24.4%AddedHistory
SOSouthern CoStock36,169$3.43M0.6%+36,169NewHistory
KOCoca Cola CoStock51,487$3.41M0.6%+21,758+73.2%AddedHistory
ORCLOracle CorpStock11,284$3.17M0.6%+5,926+110.6%AddedHistory
PEPPepsiCo IncStock22,371$3.14M0.6%+13,417+149.8%AddedHistory
ACNAccenture plcStock12,396$3.06M0.6%+12,396NewHistory
CSCOCisco Systems, Inc.Stock44,073$3.02M0.6%+16,181+58.0%AddedHistory
BSXBoston Scientific CorpStock30,717$3.00M0.6%+30,717NewHistory
CVXChevron CorpStock17,935$2.79M0.5%+17,935NewHistory
GILDGilead Sciences, Inc.Stock25,037$2.78M0.5%+2,129+9.3%AddedHistory
CCitigroup IncStock26,512$2.69M0.5%+7,049+36.2%AddedHistory
ABNBAirbnb, Inc.Stock20,920$2.54M0.5%−1,043−4.7%ReducedHistory
PGProcter & Gamble CoStock16,295$2.50M0.5%+5,746+54.5%AddedHistory
Invesco Exch Traded FD Tr II46138E354S&P500 LOW VOL32,506$2.39M0.5%+23,822+274.3%Added–
MCDMcDonalds CorpStock7,656$2.33M0.4%+689+9.9%AddedHistory
SHOPShopify Inc.Stock15,540$2.31M0.4%+641+4.3%AddedHistory
NEENextera Energy IncStock30,350$2.29M0.4%+15,765+108.1%AddedHistory
AMDAdvanced Micro Devices IncStock14,031$2.27M0.4%+3,698+35.8%AddedHistory
ADBEAdobe Inc.Stock6,208$2.19M0.4%−15,564−71.5%ReducedHistory
MSTRStrategy IncStock6,621$2.13M0.4%−303−4.4%ReducedHistory
EDConsolidated Edison IncStock21,086$2.12M0.4%+3,456+19.6%AddedHistory
EOGEOG Resources IncStock18,247$2.05M0.4%+18,247NewHistory
RACEFerrari N.V.COM4,225$2.04M0.4%+4,225NewHistory
LOGILogitech International S.A.SHS18,641$2.03M0.4%+18,641NewHistory
TRIThomson Reuters CorpCOM NO PAR13,001$2.02M0.4%+13,001NewHistory
ORLYO Reilly Automotive IncStock18,455$1.99M0.4%−19,448−51.3%ReducedHistory
AMGNAmgen IncStock6,843$1.93M0.4%+6,843NewHistory
ROPRoper Technologies IncStock3,799$1.89M0.4%+3,799NewHistory
NOWServiceNow, Inc.Stock1,998$1.84M0.3%+746+59.6%AddedHistory
XELXcel Energy IncStock22,114$1.78M0.3%+3,309+17.6%AddedHistory
BKNGBooking Holdings Inc.Stock328$1.77M0.3%+328NewHistory
DXCMDexcom IncCOM26,004$1.75M0.3%+10,040+62.9%AddedHistory
TXNTexas Instruments IncStock9,398$1.73M0.3%+5,270+127.7%AddedHistory
MRKMerck & Co., Inc.Stock20,391$1.71M0.3%+6,685+48.8%AddedHistory
VRTXVertex Pharmaceuticals IncStock4,363$1.71M0.3%+4,363NewHistory
RCLRoyal Caribbean Cruises LtdCOM5,235$1.69M0.3%+5,235NewHistory
State Street Consumer Staples Select Sector SPDR ETF81369Y308ETF21,578$1.69M0.3%−4,695−17.9%Reduced–
BNSBank of Nova ScotiaCOM26,116$1.69M0.3%+26,116NewHistory
TAT&T Inc.Stock59,370$1.68M0.3%+59,370NewHistory
ADPAutomatic Data Processing IncStock5,649$1.66M0.3%−738−11.6%ReducedHistory
APHAmphenol CorpCL A13,265$1.64M0.3%−3,550−21.1%ReducedHistory
WDAYWorkday, Inc.CL A6,619$1.59M0.3%+6,619NewHistory
CPRTCopart IncCOM35,273$1.59M0.3%−57,135−61.8%ReducedHistory
ISRGIntuitive Surgical IncCOM NEW3,542$1.58M0.3%+1,725+94.9%AddedHistory
NKENIKE, Inc.Stock22,422$1.56M0.3%+22,422NewHistory
CCEPCoca-Cola Europacific Partners plcSHS16,422$1.49M0.3%−12,697−43.6%ReducedHistory
QCOMQualcomm IncStock8,638$1.44M0.3%−14,149−62.1%ReducedHistory
RYRoyal Bank of CanadaStock9,692$1.43M0.3%+9,692NewHistory
CRWDCrowdStrike Holdings, Inc.Stock2,895$1.42M0.3%+1,577+119.7%AddedHistory
CRMSalesforce, Inc.Stock5,959$1.41M0.3%−13,822−69.9%ReducedHistory
SYKStryker CorpStock3,763$1.39M0.3%+3,763NewHistory
ZMZoom Communications, Inc.Stock16,607$1.37M0.3%+12,948+353.9%AddedHistory
PFEPfizer IncStock52,478$1.34M0.3%+12,242+30.4%AddedHistory
KRKroger CoStock19,740$1.33M0.3%+7,877+66.4%AddedHistory
WMTWalmart Inc.Stock12,872$1.33M0.3%+1,810+16.4%AddedHistory
CBChubb LtdStock4,636$1.31M0.2%+3,281+242.1%AddedHistory
FCXFreeport-McMoran IncStock33,350$1.31M0.2%+33,350NewHistory
TELTE Connectivity plcStock5,950$1.31M0.2%−3,174−34.8%ReducedHistory
RFRegions Financial CorpCOM49,086$1.29M0.2%+49,086NewHistory
MSIMotorola Solutions, Inc.Stock2,797$1.28M0.2%+465+19.9%AddedHistory
DGDollar General CorpCOM12,295$1.27M0.2%+3,051+33.0%AddedHistory
BCEBce IncCOM NEW54,266$1.27M0.2%+54,266NewHistory
CSXCSX CorpStock35,456$1.26M0.2%+9,073+34.4%AddedHistory
CNQCanadian Natural Resources LtdCOM39,228$1.25M0.2%+39,228NewHistory
MOAltria Group, Inc.Stock18,937$1.25M0.2%+8,432+80.3%AddedHistory
PANWPalo Alto Networks IncStock6,135$1.25M0.2%−3,300−35.0%ReducedHistory
AMTAmerican Tower CorpREIT6,352$1.22M0.2%+6,352NewHistory
CMCSAComcast CorpStock38,809$1.22M0.2%−87,772−69.3%ReducedHistory
APPAppLovin CorpCOM CL A1,693$1.22M0.2%−2,949−63.5%ReducedHistory
VICIVici Properties Inc.COM36,019$1.17M0.2%+36,019NewHistory
ADIAnalog Devices IncStock4,740$1.16M0.2%+4,740NewHistory
MAMastercard IncStock2,047$1.16M0.2%−8,243−80.1%ReducedHistory
GEGeneral Electric CoStock3,855$1.16M0.2%+744+23.9%AddedHistory
TGTTarget CorpStock12,893$1.16M0.2%+12,893NewHistory
MDTMedtronic plcStock12,036$1.15M0.2%+12,036NewHistory
FFord Motor CoStock95,475$1.14M0.2%+95,475NewHistory
LINLinde PLCStock2,401$1.14M0.2%+1,907+386.0%AddedHistory

Sold out since Q2 2025 (290)

Positions held at the end of Q2 2025 that are gone from this filing.

The largest 100 of 290 by value last quarter.

Positions of 111 Capital sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
SESea LtdSPONSORD ADS202,962$32.1M5.5%History
State Street Health Care Select Sector SPDR ETF81369Y209ETF80,245$10.8M1.9%–
GRABGrab Holdings LtdCLASS A ORD1,258,593$6.36M1.1%History
INTUIntuit Inc.Stock6,832$5.38M0.9%History
TMOThermo Fisher Scientific Inc.Stock8,261$3.35M0.6%History
PGRProgressive CorpStock12,498$3.34M0.6%History
SCHWSchwab Charles CorpStock32,619$2.98M0.5%History
State Street Utilities Select Sector SPDR ETF81369Y886ETF28,988$2.37M0.4%–
QGENQiagen N.V.COMMON STOCK47,321$2.28M0.4%History
ZSZscaler, Inc.Stock7,128$2.24M0.4%History
LMTLockheed Martin CorpStock4,507$2.09M0.4%History
COPConocoPhillipsStock22,328$2.00M0.3%History
VEEVVeeva Systems IncStock6,956$2.00M0.3%History
FERFerrovial N.V.ORD SHS36,690$1.96M0.3%History
OXYOccidental Petroleum CorpStock45,934$1.93M0.3%History
TUTelus CorpCOM120,053$1.93M0.3%History
DISWalt Disney CoStock15,526$1.93M0.3%History
JNJJohnson & JohnsonStock12,474$1.91M0.3%History
ENBEnbridge IncStock41,591$1.89M0.3%History
ULTAUlta Beauty, Inc.Stock4,024$1.88M0.3%History
FNVFranco Nevada CorpStock11,388$1.87M0.3%History
BAMBrookfield Asset Management Ltd.CL A LMT VTG SHS32,022$1.77M0.3%History
State Street Technology Select Sector SPDR ETF81369Y803ETF6,983$1.77M0.3%–
FTVFortive CorpStock31,848$1.66M0.3%History
BNYBank of New York Mellon CorpStock18,026$1.64M0.3%History
TJXTJX Companies IncStock12,663$1.56M0.3%History
COFCapital One Financial CorpStock7,340$1.56M0.3%History
BMOBank of MontrealCOM13,831$1.53M0.3%History
FTSFortis Inc.COM30,583$1.46M0.3%History
CASYCaseys General Stores IncCOM2,832$1.45M0.2%History
RBLXRoblox CorpStock13,439$1.41M0.2%History
NDSNNordson CorpCOM6,444$1.38M0.2%History
DBDeutsche Bank AktiengesellschaftNAMEN AKT45,148$1.34M0.2%History
SPGSimon Property Group Inc.REIT8,183$1.32M0.2%History
MGMMGM Resorts InternationalStock38,000$1.31M0.2%History
SUSuncor Energy IncStock34,862$1.31M0.2%History
STLDSteel Dynamics IncCOM10,023$1.28M0.2%History
ONBOld National BancorpStock58,844$1.26M0.2%History
STESTERIS plcSHS USD5,149$1.24M0.2%History
NTRNutrien Ltd.COM20,143$1.17M0.2%History
ELFe.l.f. Beauty, Inc.COM9,423$1.17M0.2%History
PLDPrologis, Inc.REIT10,790$1.13M0.2%History
CMCanadian Imperial Bank of CommerceCOM15,819$1.12M0.2%History
METMetlife IncStock13,683$1.10M0.2%History
BACBank of America CorpStock22,140$1.05M0.2%History
AOSSmith A O CorpCOM15,736$1.03M0.2%History
BRBRBellring Brands, Inc.Stock17,701$1.03M0.2%History
ETREntergy CorpCOM12,256$1.02M0.2%History
MTNVail Resorts IncCOM6,172$969.8K0.2%History
QSRRestaurant Brands International Inc.COM14,275$947.7K0.2%History
SEICSEI Investments CoCOM10,467$940.6K0.2%History
GRMNGarmin LtdSHS4,350$907.9K0.2%History
ITGartner IncCOM2,236$903.8K0.2%History
HUBSHubSpot IncCOM1,579$878.9K0.2%History
DHIHorton D R IncCOM6,804$877.2K0.2%History
AIGAmerican International Group, Inc.Stock10,040$859.3K0.1%History
ESEversource EnergyStock13,396$852.3K0.1%History
SOFISoFi Technologies, Inc.Stock46,319$843.5K0.1%History
IEXIdex CorpCOM4,778$838.9K0.1%History
DVNDevon Energy CorpStock26,199$833.4K0.1%History
ASBAssociated Banc-CorpCOM33,679$821.4K0.1%History
TTWOTake Two Interactive Software IncCOM3,379$820.6K0.1%History
COINCoinbase Global, Inc.COM CL A2,321$813.5K0.1%History
OKEONEOK IncCOM9,879$806.4K0.1%History
CARRCarrier Global CorpStock10,651$779.5K0.1%History
APAAPA CorpStock41,330$755.9K0.1%History
UGIUgi CorpStock20,591$749.9K0.1%History
LUVSouthwest Airlines CoCOM22,175$719.4K0.1%History
AIC3.ai, Inc.Stock29,046$713.7K0.1%History
NTRSNorthern Trust CorpCOM5,573$706.6K0.1%History
DYDycom Industries IncCOM2,834$692.6K0.1%History
DLTRDollar Tree, Inc.COM6,917$685.1K0.1%History
BBYBest Buy Co IncStock10,067$675.8K0.1%History
CNCCentene CorpStock12,312$668.3K0.1%History
BOXBox IncCL A19,285$659.0K0.1%History
AEEAmeren CorpCOM6,792$652.3K0.1%History
TTEKTetra Tech IncCOM18,106$651.1K0.1%History
HDHome Depot, Inc.Stock1,774$650.4K0.1%History
SIGISelective Insurance Group IncCOM7,382$639.6K0.1%History
DRIDarden Restaurants IncCOM2,893$630.6K0.1%History
STNStantec IncCOM5,763$627.5K0.1%History
RTXRTX CorpStock4,287$626.0K0.1%History
MNSTMonster Beverage CorpCOM9,693$607.2K0.1%History
FROFrontline plcCOM36,473$602.7K0.1%History
BRK.BBerkshire Hathaway IncStock1,198$582.0K0.1%History
EXASExact Sciences CorpCOM10,921$580.3K0.1%History
LKQLKQ CorpCOM15,668$579.9K0.1%History
CMECME Group Inc.COM2,082$573.8K0.1%History
FANGDiamondback Energy, Inc.Stock4,033$554.1K0.1%History
NXTNextpower Inc.Stock10,121$550.3K0.1%History
UMBFUmb Financial CorpCOM5,168$543.5K0.1%History
ADTADT Inc.COM63,520$538.0K0.1%History
MLIMueller Industries IncCOM6,760$537.2K0.1%History
BKHBlack Hills CorpCOM9,496$532.7K0.1%History
ASTSAST SpaceMobile, Inc.COM CL A11,357$530.7K0.1%History
AEMAgnico Eagle Mines LtdStock4,439$529.2K0.1%History
HLNEHamilton Lane INCCL A3,716$528.1K0.1%History
MMSMaximus, Inc.COM7,471$524.5K0.1%History
TDYTeledyne Technologies IncCOM1,021$523.1K0.1%History
WTRGEssential Utilities, Inc.COM13,984$519.4K0.1%History