Waterloo Capital, L.P.

CIK

1730942

Location

Austin, TX

Portfolio Value

Small $621,296,588

Diversification

Diversified

Filing Date

Global Rank

#2,037 / 8,232 ▲ 150

Top Industry

Discount Stores 11.3%

3Y Alpha vs SPY

-1.6%

Period ended 2 months ago

Filed May 12, 2026 · 33d

14 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+69.5%

SPY

+76.3%

Annualised alpha

-1.6%

Max drawdown

−17.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

331 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

10.1%

+2.3 pts

Top 5

24.7%

−0.7 pts

Top 10

32.6%

−0.7 pts

HHI

206

Diversified+14

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	22.6%	$140,510,561	55
Consumer Defensive	15.6%	$96,652,562	24
Financial Services	11.5%	$71,598,504	48
Real Estate	8.6%	$53,498,127	26
Industrials	7.0%	$43,562,985	45
Consumer Cyclical	6.5%	$40,155,504	22
Healthcare	6.3%	$38,929,828	31
Unclassified	6.0%	$37,060,659	10
Energy	5.8%	$36,239,983	27
Communication Services	4.3%	$26,642,611	10
Utilities	3.8%	$23,636,137	14
Basic Materials	2.1%	$12,809,127	19

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GBDC	GOLUB CAPITAL BDC, Inc.	+219,379	370,410	$4,689,390
WMT	Walmart Inc.	+72,509	507,239	$63,039,662
SBRA	Sabra Health Care REIT, Inc.	+32,774	297,136	$5,713,925
IAU	Ishares Gold Trust	+22,938	109,094	$9,617,727
IBIT	iShares Bitcoin Trust ETF	+10,335	82,263	$3,160,544
OKE	Oneok Inc /New/	+9,692	41,193	$3,723,435
OHI	Omega Healthcare Investors Inc	+8,749	140,304	$6,148,121
CPRT	Copart Inc	+8,061	48,568	$1,612,457
PFE	Pfizer Inc	+7,882	34,043	$955,927
DOW	Dow Inc.	+7,027	18,080	$753,032
GOOGL	Alphabet Inc.	+6,666	33,857	$9,735,918
MO	Altria Group, Inc.	+6,502	93,629	$6,178,577
WMB	Williams Companies, Inc.	+6,426	23,168	$1,686,167
SPG	Simon Property Group Inc.	+5,414	28,237	$5,267,047
KR	Kroger Co	+5,210	13,300	$962,388
PEP	Pepsico Inc	+4,765	13,122	$2,037,715
RITM	Rithm Capital Corp.	+4,725	406,236	$3,851,117
EIX	Edison International	+4,462	11,217	$820,860
EPD	Enterprise Products Partners L.P.	+4,449	18,761	$709,916
CSCO	Cisco Systems, Inc.	+4,221	11,807	$916,105
APH	Amphenol Corp /De/	+3,765	18,124	$2,289,967
STWD	Starwood Property Trust, Inc.	+3,689	195,300	$3,363,066
JBHT	Hunt J B Transport Services Inc	+3,615	12,447	$2,637,519
BMY	Bristol Myers Squibb Co	+3,400	9,966	$604,437
SCHW	Schwab Charles Corp	+3,246	8,897	$836,140
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BXSL	Blackstone Secured Lending Fund	−130,283	11,990	$284,043
RF	Regions Financial Corp	−82,074	53,835	$1,406,170
AAPL	Apple Inc.	−16,334	123,320	$31,297,382
BAC	Bank Of America Corp /De/	−16,280	61,682	$3,006,997
BX	Blackstone Inc.	−11,281	18,914	$2,174,920
MTG	Mgic Investment Corp	−10,218	29,381	$771,251
QCOM	Qualcomm Inc/De	−9,003	3,015	$388,271
GEN	Gen Digital Inc.	−8,521	26,232	$493,948
KTOS	Kratos Defense & Security Solutions, Inc.	−8,266	16,260	$1,146,492
STX	Seagate Technology Holdings plc	−8,076	12,891	$5,050,178
MNST	Monster Beverage Corp	−8,030	12,455	$902,489
DVN	Devon Energy Corp/De	−5,884	4,529	$227,899
NOW	ServiceNow, Inc.	−5,635	14,460	$1,511,793
WFC	Wells Fargo & Company/Mn	−4,955	62,561	$4,980,481
OUT	OUTFRONT Media Inc.	−4,347	103,916	$2,753,774
URI	United Rentals, Inc.	−3,683	1,108	$807,244
TJX	Tjx Companies Inc /De/	−3,616	16,922	$2,702,443
VZ	Verizon Communications Inc	−3,581	59,955	$3,009,741
MSFT	Microsoft Corp	−3,132	42,638	$15,783,308
UBER	Uber Technologies, Inc	−3,077	21,482	$1,545,200
NEE	Nextera Energy Inc	−3,074	33,108	$3,075,071
EMR	Emerson Electric Co	−2,901	14,094	$1,846,595
CINF	Cincinnati Financial Corp	−2,713	12,362	$1,945,160
MS	Morgan Stanley	−2,486	3,610	$594,097
NEM	NEWMONT Corp /DE/	−2,299	12,070	$1,306,577
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
LYB	LyondellBasell Industries N.V.	35,730	$2,878,408
VICI	Vici Properties Inc.	90,562	$2,474,153
BTC	Grayscale Bitcoin Mini Trust ETF	57,269	$1,717,497
OUNZ	VanEck Merk Gold ETF	29,118	$1,311,765
WLFC	Willis Lease Finance Corp	7,589	$1,292,103
JBL	Jabil Inc	4,848	$1,287,774
LNG	Cheniere Energy, Inc.	4,224	$1,198,602
CW	Curtiss Wright Corp	1,649	$1,123,166
CRS	Carpenter Technology Corp	1,981	$780,811
USCI	United States Commodity Index Funds Trust	8,028	$765,228
CBRE	Cbre Group, Inc.	5,323	$721,053
DUK	Duke Energy CORP	5,428	$710,742
MLI	Mueller Industries Inc	5,717	$633,443
AR	ANTERO RESOURCES Corp	12,934	$548,918
STLD	Steel Dynamics Inc	2,764	$497,520
SLV	iShares Silver Trust	7,142	$486,655
AKAM	Akamai Technologies Inc	4,213	$483,863
EXP	Eagle Materials Inc	2,507	$474,951
MPT	Medical Properties Trust Inc	101,054	$467,880
MPC	Marathon Petroleum Corp	1,864	$455,151
TGT	Target Corp	3,297	$399,596
DELL	Dell Technologies Inc.	2,410	$395,553
GPN	Global Payments Inc	5,849	$393,637
AZO	Autozone Inc	116	$391,822
MRVL	Marvell Technology, Inc.	3,849	$381,243
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
VNO	Vornado Realty Trust	57,389	$1,909,905
LEN	Lennar Corp /New/	9,993	$1,027,280
VLTO	Veralto Corp	10,118	$1,009,574
MAR	Marriott International Inc /Md/	1,370	$425,028
EXC	Exelon Corp	8,528	$371,735
RBLX	Roblox Corp	4,480	$363,014
ELV	Elevance Health, Inc.	922	$323,207
IQV	Iqvia Holdings Inc.	1,331	$300,020
KKR	KKR & Co. Inc.	2,312	$294,733
HOOD	Robinhood Markets, Inc.	2,602	$294,286
TTWO	Take Two Interactive Software Inc	1,114	$285,217
HLT	Hilton Worldwide Holdings Inc.	976	$280,356
KEYS	Keysight Technologies, Inc.	1,363	$276,947
ADSK	Autodesk, Inc.	919	$272,033
DASH	DoorDash, Inc.	1,182	$267,699
TD	Toronto Dominion Bank	2,788	$262,629
HODL	VanEck Bitcoin ETF	10,581	$261,668
TEAM	Atlassian Corp	1,551	$251,479
CNC	Centene Corp	6,089	$250,562
ALNY	Alnylam Pharmaceuticals, Inc.	605	$240,578
MSCI	MSCI Inc.	419	$240,392
MELI	Mercadolibre Inc	112	$225,597
SA	Seabridge Gold Inc	7,000	$207,130
MC	Moelis & Co	2,997	$206,013
MEDP	Medpace Holdings, Inc.	366	$205,563
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

331 positions · $621,296,588 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 331 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WMT	Walmart Inc. Consumer Defensive	Added	507,239	+72,509	$63,039,662	+30.2%	10.15%
AAPL	Apple Inc. Technology	Reduced	123,320	-16,334	$31,297,382	−17.6%	5.04%
NVDA	Nvidia Corp Technology	Reduced	168,374	-2,097	$29,364,425	−7.6%	4.73%
MSFT	Microsoft Corp Technology	Reduced	42,638	-3,132	$15,783,308	−28.7%	2.54%
AVGO	Broadcom Inc. Technology	Reduced	46,117	-2,283	$14,273,672	−14.8%	2.30%
AMZN	Amazon Com Inc Consumer Cyclical	Added	60,024	+685	$12,501,198	−8.7%	2.01%
SPY	Spdr S&P 500 ETF Trust	Reduced	15,829	-753	$10,294,231	−9.0%	1.66%
GOOGL	Alphabet Inc. Communication Services	Added	33,857	+6,666	$9,735,918	+14.4%	1.57%
IAU	Ishares Gold Trust	Added	109,094	+22,938	$9,617,727	+37.5%	1.55%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	41,374	-788	$6,840,777	+1.2%	1.10%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	16,753	-383	$6,227,927	−19.2%	1.00%
MO	Altria Group, Inc. Consumer Defensive	Added	93,629	+6,502	$6,178,577	+23.0%	0.99%
OHI	Omega Healthcare Investors Inc Real Estate	Added	140,304	+8,749	$6,148,121	+5.4%	0.99%
QQQ	Invesco Qqq Trust, Series 1	Added	10,392	+577	$5,998,054	−0.5%	0.97%
META	Meta Platforms, Inc. Communication Services	Reduced	10,250	-660	$5,864,332	−18.6%	0.94%
XOM	Exxon Mobil Corp Energy	Reduced	34,170	-1,481	$5,797,282	+35.1%	0.93%
JNJ	Johnson & Johnson Healthcare	Reduced	23,463	-159	$5,735,295	+17.3%	0.92%
SBRA	Sabra Health Care REIT, Inc. Real Estate	Added	297,136	+32,774	$5,713,925	+14.1%	0.92%
JPM	Jpmorgan Chase & Co Financial Services	Added	18,850	+49	$5,544,916	−8.5%	0.89%
ATO	Atmos Energy Corp Utilities	Reduced	28,594	-158	$5,281,883	+9.6%	0.85%
SPG	Simon Property Group Inc. Real Estate	Added	28,237	+5,414	$5,267,047	+24.7%	0.85%
STX	Seagate Technology Holdings plc Technology	Reduced	12,891	-8,076	$5,050,178	−12.5%	0.81%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	62,561	-4,955	$4,980,481	−20.9%	0.80%
DGX	Quest Diagnostics Inc Healthcare	Reduced	24,819	-1,511	$4,864,027	+6.5%	0.78%
KMI	Kinder Morgan, Inc. Energy	Reduced	140,012	-864	$4,694,602	+21.2%	0.76%
GBDC	GOLUB CAPITAL BDC, Inc. Financial Services	Added	370,410	+219,379	$4,689,390	+128.8%	0.75%
V	Visa Inc. Financial Services	Reduced	15,470	-706	$4,675,652	−17.6%	0.75%
ABBV	AbbVie Inc. Healthcare	Reduced	21,054	-1,374	$4,579,034	−10.6%	0.74%
AM	Antero Midstream Corp Energy	Added	197,654	+3,011	$4,506,511	+30.1%	0.73%
SO	Southern Co Utilities	Added	45,995	+2,233	$4,439,437	+16.3%	0.71%
KO	Coca Cola Co Consumer Defensive	Reduced	54,537	-842	$4,147,538	+7.1%	0.67%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	8,624	-1,480	$4,132,620	−18.6%	0.67%
PLTR	Palantir Technologies Inc. Technology	Added	27,474	+1,351	$4,018,896	−13.4%	0.65%
RITM	Rithm Capital Corp. Real Estate	Added	406,236	+4,725	$3,851,117	−12.0%	0.62%
TNL	Travel & Leisure Co. Consumer Cyclical	Added	55,433	+850	$3,835,409	−0.4%	0.62%
PWR	Quanta Services, Inc. Industrials	Reduced	6,901	-349	$3,788,787	+23.8%	0.61%
OKE	Oneok Inc /New/ Energy	Added	41,193	+9,692	$3,723,435	+60.8%	0.60%
NFLX	Netflix Inc Communication Services	Reduced	37,560	-502	$3,611,394	+1.2%	0.58%
FITB	Fifth Third Bancorp Financial Services	Reduced	75,749	-109	$3,519,298	−0.9%	0.57%
MMM	3M Co Industrials	Reduced	24,096	-402	$3,499,462	−10.8%	0.56%
LNC	Lincoln National Corp Financial Services	Added	97,764	+592	$3,470,622	−19.8%	0.56%
LLY	ELI LILLY & Co Healthcare	Reduced	3,663	-497	$3,369,117	−24.6%	0.54%
STWD	Starwood Property Trust, Inc. Real Estate	Added	195,300	+3,689	$3,363,066	−2.5%	0.54%
MRK	Merck & Co., Inc. Healthcare	Added	27,070	+703	$3,256,250	+17.3%	0.52%
HST	Host Hotels & Resorts, Inc. Real Estate	Added	169,230	+2,371	$3,242,446	+9.6%	0.52%
IBIT	iShares Bitcoin Trust ETF	Added	82,263	+10,335	$3,160,544	−11.5%	0.51%
NEE	Nextera Energy Inc Utilities	Reduced	33,108	-3,074	$3,075,071	+5.9%	0.49%
LADR	Ladder Capital Corp Real Estate	Added	310,748	+119	$3,036,007	−11.1%	0.49%
AGNC	AGNC Investment Corp. Real Estate	Added	301,937	+2,082	$3,028,428	−5.8%	0.49%
VZ	Verizon Communications Inc Communication Services	Reduced	59,955	-3,581	$3,009,741	+16.3%	0.48%