Portman Square Capital LLP Q4 2025 Filing
Filed January 23, 2026
Portfolio Value
$2.3B
Holdings
90
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (90 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | NEENEXTERA ENERGY INC | 2,586,894 | $207.7M | 9.18% | Put |
| 2 | GQ9SPDR GOLD TR | 358,000 | $141.9M | 6.27% | Call |
| 3 | BABOEING CO | 511,276 | $111.0M | 4.91% | Put |
| 4 | KKRKKR & CO INC | 735,379 | $93.7M | 4.15% | Put |
| 5 | SO 7.125 12/15/28 ASOUTHERN CO | 1,786,000 | $88.9M | 3.93% | |
| 6 | SOSOUTHERN CO | 1,004,629 | $87.6M | 3.87% | Put |
| 7 | ALBALBEMARLE CORP | 615,657 | $87.1M | 3.85% | Put |
| 8 | BABA 0.5 06/01/31ALIBABA GROUP HLDG LTD | 54,000,000 | $84.0M | 3.71% | |
| 9 | UGI 5 06/01/28UGI CORP NEW | 54,714,000 | $77.7M | 3.43% | |
| 10 | PCGPG&E CORP | 4,641,396 | $74.6M | 3.30% | Put |
| 11 | HPEHEWLETT PACKARD ENTERPRISE C | 3,046,105 | $73.2M | 3.24% | Put |
| 12 | ARESARES MANAGEMENT CORPORATION | 395,500 | $63.9M | 2.83% | Put |
| 13 | NBISNEBIUS GROUP N.V. | 647,100 | $54.2M | 2.40% | Put |
| 14 | UGIUGI CORP NEW | 1,355,500 | $50.7M | 2.24% | Put |
| 15 | BABAALIBABA GROUP HLDG LTD | 282,900 | $41.5M | 1.83% | Put |
| 16 | ALB 7.25 03/01/27ALBEMARLE CORP | 691,000 | $40.7M | 1.80% | |
| 17 | MCHPMICROCHIP TECHNOLOGY INC. | 580,800 | $37.0M | 1.64% | Put |
| 18 | XLESELECT SECTOR SPDR TR | 800,000 | $35.8M | 1.58% | Call |
| 19 | GMEGAMESTOP CORP NEW | 1,664,200 | $33.4M | 1.48% | Put |
| 20 | AKAMAKAMAI TECHNOLOGIES INC | 380,000 | $33.2M | 1.47% | Put |
| 21 | HYGISHARES TR | 400,000 | $32.3M | 1.43% | Put |
| 22 | GPNGLOBAL PMTS INC | 402,300 | $31.1M | 1.38% | Put |
| 23 | FEFIRSTENERGY CORP | 673,200 | $30.1M | 1.33% | Put |
| 24 | LYVLIVE NATION ENTERTAINMENT IN | 197,000 | $28.1M | 1.24% | Put |
| 25 | TTEKTETRA TECH INC NEW | 807,624 | $27.1M | 1.20% | Put |
| 26 | ARES 6.75 10/01/27 BARES MANAGEMENT CORPORATION | 500,000 | $25.3M | 1.12% | |
| 27 | EVRG 4.5 12/15/27EVERGY INC | 20,000,000 | $24.4M | 1.08% | |
| 28 | COINCOINBASE GLOBAL INC | 102,880 | $23.3M | 1.03% | Put |
| 29 | BLBLACKLINE INC | 406,230 | $22.5M | 0.99% | Put |
| 30 | NOVT 6.5 11/01/28NOVANTA INC | 410,000 | $22.3M | 0.99% | |
| 31 | STWDSTARWOOD PPTY TR INC | 1,190,400 | $21.4M | 0.95% | Put |
| 32 | KWEBKRANESHARES TRUST | 600,000 | $20.4M | 0.90% | Call |
| 33 | FLRFLUOR CORP NEW | 494,044 | $19.6M | 0.87% | Put |
| 34 | STWD 6.75 07/15/27STARWOOD PPTY TR INC | 18,000,000 | $18.7M | 0.83% | |
| 35 | ITRIITRON INC | 194,300 | $18.0M | 0.80% | Put |
| 36 | ONON SEMICONDUCTOR CORP | 301,925 | $16.3M | 0.72% | Put |
| 37 | PCG 6 12/01/27 APG&E CORP | 381,000 | $15.6M | 0.69% | |
| 38 | HPE 7.625 09/01/27HEWLETT PACKARD ENTERPRISE C | 220,000 | $14.6M | 0.64% | |
| 39 | BBIOBRIDGEBIO PHARMA INC | 185,900 | $14.2M | 0.63% | Put |
| 40 | ENOVENOVIS CORPORATION | 498,300 | $13.3M | 0.59% | Call |
| 41 | WECWEC ENERGY GROUP INC | 120,154 | $12.7M | 0.56% | Put |
| 42 | ALNYALNYLAM PHARMACEUTICALS INC | 31,457 | $12.5M | 0.55% | Put |
| 43 | FOUR 6 05/01/28SHIFT4 PMTS INC | 155,000 | $12.4M | 0.55% | |
| 44 | WGOWINNEBAGO INDS INC | 300,000 | $12.2M | 0.54% | Call |
| 45 | AEISADVANCED ENERGY INDS | 56,200 | $11.8M | 0.52% | Put |
| 46 | 1GSNNOVANTA INC | 98,300 | $11.7M | 0.52% | Put |
| 47 | NETCLOUDFLARE INC | 56,498 | $11.1M | 0.49% | Put |
| 48 | SYNASYNAPTICS INC | 149,417 | $11.1M | 0.49% | Put |
| 49 | OSIS 2.25 08/01/29OSI SYSTEMS INC | 7,000,000 | $10.4M | 0.46% | |
| 50 | COIN 0.25 04/01/30COINBASE GLOBAL INC | 10,000,000 | $10.3M | 0.45% | |
| 51 | LCIDLUCID GROUP INC | 943,997 | $10.0M | 0.44% | Put |
| 52 | CMSCMS ENERGY CORP | 138,600 | $9.7M | 0.43% | Put |
| 53 | EVRGEVERGY INC | 130,000 | $9.4M | 0.42% | Put |
| 54 | OREALTY INCOME CORP | 162,600 | $9.2M | 0.41% | Put |
| 55 | SPGIS&P GLOBAL INC | 16,400 | $8.6M | 0.38% | Put |
| 56 | GU9GUESS INC | 500,000 | $8.4M | 0.37% | Put |
| 57 | MCHP 7.5 03/15/28MICROCHIP TECHNOLOGY INC. | 125,000 | $7.3M | 0.32% | |
| 58 | SPBSPECTRUM BRANDS HLDGS INC NE | 122,700 | $7.2M | 0.32% | Call |
| 59 | ADPAUTOMATIC DATA PROCESSING IN | 28,000 | $7.2M | 0.32% | Put |
| 60 | UNPUNION PAC CORP | 31,000 | $7.2M | 0.32% | Put |
| 61 | BA 6 10/15/27BOEING CO | 102,000 | $7.1M | 0.31% | |
| 62 | MLB1MERCADOLIBRE INC | 3,200 | $6.4M | 0.29% | Put |
| 63 | BKNGBOOKING HOLDINGS INC | 1,200 | $6.4M | 0.28% | Put |
| 64 | FOURSHIFT4 PMTS INC | 100,000 | $6.3M | 0.28% | Put |
| 65 | OSISOSI SYSTEMS INC | 22,000 | $5.6M | 0.25% | Put |
| 66 | EOGEOG RES INC | 51,700 | $5.4M | 0.24% | Put |
| 67 | KKR 6.25 03/01/28 DKKR & CO INC | 100,000 | $5.2M | 0.23% | |
| 68 | NEE 7.299 06/01/27NEXTERA ENERGY INC | 100,000 | $5.2M | 0.23% | |
| 69 | SCHWSCHWAB CHARLES CORP | 51,100 | $5.1M | 0.23% | Put |
| 70 | HASIHA SUSTAINABLE INFRA CAP INC | 159,900 | $5.0M | 0.22% | Put |
| 71 | VLOVALERO ENERGY CORP | 29,800 | $4.9M | 0.21% | Put |
| 72 | CFCF INDS HLDGS INC | 51,700 | $4.0M | 0.18% | Put |
| 73 | EXPEEXPEDIA GROUP INC | 13,700 | $3.9M | 0.17% | Put |
| 74 | UBERUBER TECHNOLOGIES INC | 46,000 | $3.8M | 0.17% | Put |
| 75 | WWAYFAIR INC | 34,522 | $3.5M | 0.15% | Put |
| 76 | CVXCHEVRON CORP NEW | 21,600 | $3.3M | 0.15% | Put |
| 77 | BACBANK AMERICA CORP | 51,300 | $2.8M | 0.12% | Put |
| 78 | URIUNITED RENTALS INC | 3,200 | $2.6M | 0.11% | Put |
| 79 | COPCONOCOPHILLIPS | 27,500 | $2.6M | 0.11% | Call |
| 80 | ARANTERO RESOURCES CORP | 74,000 | $2.5M | 0.11% | Put |
| 81 | WYNNWYNN RESORTS LTD | 21,000 | $2.5M | 0.11% | Put |
| 82 | NEE 7.234 11/01/27NEXTERA ENERGY INC | 51,000 | $2.5M | 0.11% | |
| 83 | PSXPHILLIPS 66 | 17,000 | $2.2M | 0.10% | Put |
| 84 | MTCHMATCH GROUP INC NEW | 53,800 | $1.7M | 0.08% | Put |
| 85 | NFLXNETFLIX INC | 17,000 | $1.6M | 0.07% | Put |
| 86 | MAMASTERCARD INCORPORATED | 1,400 | $799K | 0.04% | Call |
| 87 | VOYGVOYAGER TECHNOLOGIES INC | 28,700 | $750K | 0.03% | |
| 88 | EZPWEZCORP INC | 34,000 | $660K | 0.03% | Put |
| 89 | UPSTUPSTART HLDGS INC | 9,100 | $397K | 0.02% | |
| 90 | XRXXEROX HOLDINGS CORP | 16,807 | $39K | 0.00% |