MASTERS CAPITAL MANAGEMENT LLC

CIK: 0001104186SEC EDGAR →

Portfolio Value

$2.5B

Holdings

65

As of

Q4 2025

New Positions

23

Closed Positions

23

Top 10 Holdings

RankStockSharesValue% of Portfolio
1
UPSCall

UNITED PARCEL SERVICE INC

2,300,000$228.1M
9.31%
2
GMCall

GENERAL MTRS CO

2,000,000$162.6M
6.64%
3
BABACall

ALIBABA GROUP HLDG LTD

1,000,000$146.6M
5.98%
4
DALCall

DELTA AIR LINES INC DEL

2,000,000$138.8M
5.66%
5
HONCall

HONEYWELL INTL INC

600,000$117.1M
4.78%
6
BACall

BOEING CO

500,000$108.6M
4.43%
7
TRVCCall

CITIGROUP INC

700,000$81.7M
3.33%
8
METCall

METLIFE INC

1,000,000$78.9M
3.22%
9
SLBCall

SLB LIMITED

2,000,000$76.8M
3.13%
10
INTCCall

INTEL CORP

2,000,000$73.8M
3.01%

Quarterly Changes

Top Buys

BABA↑ Increased
$128.7M
UPS↑ Increased
$119.5M
HONNEW
$117.1M
BANEW
$108.6M
GM↑ Increased
$101.7M

Top Sells

SENS1GBPCLOSED
$2.2B
SPYCLOSED
$666.2M
EMNCLOSED
$113.5M
GILDCLOSED
$111.0M
IBM↓ Decreased
$81.8M

New Positions (24)

$117.1M · 600K shares
$108.6M · 500K shares
$78.9M · 1.0M shares
$70.2M · 1.1M shares
$43.7M · 400K shares
$43.6M · 1.1M shares
$42.5M · 500K shares
$39.4M · 1.0M shares
$31.9M · 500K shares
$31.8M · 316K shares
$31.6M · 2.0M shares
$31.3M · 2.0M shares
$28.3M · 669K shares
$28.3M · 1.9M shares
$26.6M · 2.0M shares
$24.5M · 1.0M shares
$22.4M · 620K shares
$19.4M · 1.0M shares
$16.2M · 300K shares
$12.9M · 2.0M shares
$11.4M · 500K shares
$10.0M · 1.0M shares
$4.6M · 100K shares
$1.4M · 250K shares

Closed Positions (23)

$2.2B · 5.0M shares
$666.2M · 1.0M shares
$113.5M · 1.8M shares
$111.0M · 1.0M shares
$71.5M · 1.7M shares
$59.7M · 1.0M shares
$54.1M · 1.2M shares
$50.1M · 500K shares
$40.6M · 300K shares
$39.8M · 3.0M shares
$38.7M · 300K shares
$28.9M · 2.0M shares
$24.6M · 1.0M shares
$24.4M · 2.0M shares
$22.5M · 1.0M shares
$21.3M · 2.0M shares
$17.3M · 1.0M shares
$12.7M · 1.0M shares
$10.9M · 1.0M shares
$10.6M · 200K shares
$6.8M · 1.0M shares
$5.6M · 200K shares
$4.2M · 100K shares

Sector Breakdown

Sector# HoldingsValue%
Industrials12$733.4M29.9%
Consumer Cyclical8$527.0M21.5%
Technology9$329.2M13.4%
Basic Materials10$276.8M11.3%
Energy9$238.7M9.7%
Financial Services2$104.4M4.3%
Unknown3$93.5M3.8%
Healthcare7$83.7M3.4%
Consumer Defensive2$36.4M1.5%
Communication Services1$18.3M0.7%
Real Estate1$8.6M0.4%
Utilities1$1.1M0.0%