Militia Capital Partners, LP

Registered adviser

CIK

1837496

Location

LAS VEGAS, NV

Portfolio Value

Small $422,785,466

Diversification

Diversified

Filing Date

Global Rank

#3,926 / 8,846 ▼ 7 · as of Dec 2025

Top Industry

Credit Services 20.4%

Period ended 10 months ago

Filed Aug 14, 2026 · 2mo

5 quarters · since Dec 2024

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 335763

Roster of Oct 1, 2026

Regulatory AUM

$958,643,639

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$958,643,639 gross assets

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Jun 2026 to Oct 2026	$958,643,639	Pooled investment vehicles (100%)
Apr 2026 to May 2026	$1,476,393,754	Pooled investment vehicles (100%)
May 2025 to Mar 2026	$370,225,258	Pooled investment vehicles (100%)

13F reports continue under

Militia Capital Management LLC from Mar 31, 2026

Portfolio style

Measured from the filed 13F common-share book for Dec 31, 2025, never from the firm's own description.

Style

Diversified active

Top 10 weight 26.7%, 79.6 effective positions, active share 87.3% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

107.2% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 3.3 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 87.3%; sector active share 22.3% against the combined 13F book's sector weights.

Over time 5 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

215 tracked positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025

Top Position

10.6%

−11.0 pts

Top 5

30.9%

−1.4 pts

Top 10

42.3%

+0.1 pts

HHI

282

Diversified−271

Portfolio Trend

5 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Financial Services	31.9%	$134,963,016	38
Unclassified	21.8%	$91,965,248	25
Technology	8.5%	$35,940,932	32
Consumer Cyclical	7.4%	$31,294,235	18
Industrials	7.4%	$31,285,953	23
Healthcare	7.3%	$30,938,247	25
Communication Services	5.1%	$21,389,076	13
Energy	4.8%	$20,445,371	14
Real Estate	3.0%	$12,864,958	12
Consumer Defensive	2.2%	$9,206,133	10
Basic Materials	0.5%	$2,269,066	4
Utilities	0.1%	$223,231	1

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SVV	Savers Value Village, Inc.	+161,685	187,585	$1,752,043
ET	Energy Transfer LP	+123,000	600,000	$0
DHC	Diversified Healthcare Trust	+91,939	257,239	$1,247,609
EVLV	Evolv Technologies Holdings, Inc.	+45,479	340,000	$2,434,400
ORR	Militia Long/Short Equity ETF	+38,000	161,000	$5,499,760
AFRM	Affirm Holdings, Inc.	+32,743	43,943	$3,270,677
FBTC	Fidelity Wise Origin Bitcoin Fund	+31,800	42,300	$3,224,529
LTH	Life Time Group Holdings, Inc.	+27,200	58,200	$1,546,956
MRNA	Moderna, Inc.	+22,717	36,601	$1,079,363
BKD	Brookdale Senior Living Inc.	+20,600	240,000	$2,589,600
DRS	Leonardo DRS, Inc.	+20,200	37,400	$1,274,966
UTI	Universal Technical Institute Inc	+19,700	64,940	$1,696,882
WOLF	Wolfspeed, Inc.	+18,000	44,000	$766,040
SNAP	Snap Inc	+16,500	151,700	$1,224,219
HDB	Hdfc Bank Ltd	+16,200	30,244	$1,105,115
IBKR	Interactive Brokers Group, Inc.	+15,000	71,000	$4,566,010
AX	Axos Financial, Inc.	+12,000	100,000	$8,616,000
VTR	Ventas, Inc.	+9,850	24,650	$1,907,417
CCB	Coastal Financial Corp	+9,000	19,000	$2,177,210
OHI	Omega Healthcare Investors Inc	+8,400	44,400	$1,968,696
CSX	Csx Corp	+7,600	37,400	$1,355,750
CASH	Pathward Financial, Inc.	+7,179	22,179	$1,574,709
NHI	National Health Investors Inc	+7,000	20,100	$1,535,037
VTMX	Vesta Real Estate Corporation, S.A.B. de C.V.	+6,200	27,700	$844,573
DHR	Danaher Corp	+6,000	8,800	$2,014,496
No positions match the current search.

Trimmed

Positions the filer reduced

24 positions

Ticker	Company	Δ Shares	Shares	Value
BOSC	Bos Better Online Solutions Ltd	−61,278	116,677	$532,047
IBIT	iShares Bitcoin Trust ETF	−31,700	54,590	$2,710,393
VG	Venture Global, Inc.	−26,573	58,800	$401,016
QURE	uniQure N.V.	−26,500	8,500	$203,405
BBC	Virtus Biotech Clinical Trials Etf	−22,330	31,263	$1,205,501
ETHA	iShares Ethereum Trust ETF	−20,851	32,449	$727,831
TSHA	Taysha Gene Therapies, Inc.	−20,300	46,500	$255,750
FPH	Five Point Holdings, LLC	−19,384	117,816	$658,591
XYZ	Block, Inc.	−15,200	3,100	$201,779
ACIC	AMERICAN COASTAL INSURANCE Corp	−10,000	180,658	$2,281,710
BMA	Macro Bank Inc.	−8,600	33,400	$3,011,344
—		−5,700	10,800	$1,822,716
FOUR	Shift4 Payments, Inc.	−5,600	3,600	$226,692
GTLB	Gitlab Inc.	−5,000	30,000	$1,125,900
RDDT	Reddit, Inc.	−4,300	4,300	$988,441
NVDA	Nvidia Corp	−4,000	6,000	$1,119,000
LRCX	Lam Research Corp	−2,000	4,000	$684,720
AHR	American Healthcare REIT, Inc.	−2,000	17,100	$804,726
MYRG	Myr Group Inc.	−1,700	3,000	$655,500
CORZ	Core Scientific, Inc.	−1,500	83,500	$1,215,760
LLY	ELI LILLY & Co	−1,060	3,040	$3,267,027
TMDX	TransMedics Group, Inc.	−1,000	12,000	$1,459,800
URNM		−1,000	5,600	$307,384
AMAT	Applied Materials Inc	−1,000	3,200	$822,368
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
GOOG	Alphabet Inc.	24,500	$7,688,100
QQQE	Direxion NASDAQ-100 Equal Weighted Index Shares	27,800	$2,844,218
SE	Sea Ltd	21,400	$2,729,998
KLAR	Klarna Group plc	88,114	$2,547,375
FIGR	Figure Technology Solutions, Inc.	60,000	$2,450,400
HROW	Harrow, Inc.	47,000	$2,303,000
MOH	Molina Healthcare, Inc.	11,000	$1,908,940
PURR	Hyperliquid Strategies Inc	501,200	$1,784,272
REGN	Regeneron Pharmaceuticals, Inc.	2,300	$1,775,301
U	Unity Software Inc.	40,000	$1,766,800
BLND	Blend Labs, Inc.	550,000	$1,672,000
RBLX	Roblox Corp	18,500	$1,499,055
CUBI	Customers Bancorp, Inc.	20,000	$1,462,400
SEZL	Sezzle Inc.	22,043	$1,399,179
NU	Nu Holdings Ltd.	80,000	$1,339,200
CBNK	Capital Bancorp Inc	47,000	$1,323,990
MELI	Mercadolibre Inc	650	$1,309,269
IMAX	Imax Corp	35,000	$1,293,600
TWLO	Twilio Inc	9,000	$1,280,160
NNI	Nelnet Inc	9,000	$1,196,640
KSPI	Joint Stock Co Kaspi.kz	15,000	$1,171,950
PRCT	PROCEPT BioRobotics Corp	35,000	$1,101,100
BMBL	Bumble Inc.	302,604	$1,080,296
V	Visa Inc.	3,000	$1,052,130
SFM	Sprouts Farmers Market, Inc.	13,000	$1,035,710
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
EC	Ecopetrol S.A.	500,000	$4,605,000
BYRN	Byrna Technologies Inc.	94,000	$2,083,040
GPRK	GeoPark Ltd	300,000	$1,911,000
GNRC	Generac Holdings Inc.	10,000	$1,674,000
TIGR	UP Fintech Holding Ltd	140,000	$1,493,800
FLR	Fluor Corp	35,000	$1,472,450
SPOT	Spotify Technology S.A.	2,000	$1,396,000
IE	Ivanhoe Electric Inc.	90,000	$1,129,500
UTHR	UNITED THERAPEUTICS Corp	2,500	$1,048,025
ECO	Okeanis Eco Tankers Corp.	35,000	$1,024,450
PSIX	Power Solutions International, Inc.	10,000	$982,200
TAN	Invesco Ltd.	22,400	$977,312
ALB	Albemarle Corp	12,000	$972,960
NXT	Nextpower Inc.	11,600	$858,284
VBNK	VersaBank	70,000	$854,700
COIN	Coinbase Global, Inc.	2,500	$843,725
EEFT	Euronet Worldwide, Inc.	9,000	$790,290
HPP	Hudson Pacific Properties, Inc.	283,100	$781,356
GBFH	GBank Financial Holdings Inc.	19,497	$765,647
CAT	Caterpillar Inc	1,600	$763,440
CQP	Cheniere Energy Partners, L.P.	12,600	$678,132
UP	Wheels Up Experience Inc.	349,794	$643,620
LDI	loanDepot, Inc.	194,148	$596,034
GEO	Geo Group Inc	28,600	$586,014
AEXA	American Exceptionalism Acquisition Corp. A	48,300	$527,919
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

215 tracked positions · $422,785,466 total · filing declares 215 positions · $435,411,136 · as of Dec 31, 2025

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

Showing 1–50 of 215 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AFRM	Affirm Holdings, Inc. CALL + SHARES Financial Services	Added	599,543	+588,343	$44,623,985	+5351.9%	2	$73.02	10.55%
SPY	Spdr S&P 500 ETF Trust CALL	Reduced	45,800	-85,100	$31,231,936	−64.2%	—	—	7.39%
COIN	Coinbase Global, Inc. PUT Financial Services	Added	86,900	+84,400	$19,651,566	+2229.1%	—	—	4.65%
EEM	iShares MSCI Emerging Markets ETF PUT	Held	312,600	0	$17,102,346	+2.5%	—	—	4.05%
IWM	iShares Russell 2000 ETF PUT CALL	NEW	80,000	NEW	$14,778,900	NEW	—	—	3.50%
KLAR	Klarna Group plc CALL + SHARES Financial Services	NEW	415,714	NEW	$12,018,291	NEW	1	$34.34	2.84%
AMZN	Amazon Com Inc Consumer Cyclical	Added	42,216	+4,616	$9,744,297	+18.0%	5	before history	2.30%
OMAB	Central North Airport Group Industrials	Held	83,046	0	$9,032,913	+4.7%	5	before history	2.14%
TSM	Taiwan Semiconductor Manufacturing Co Ltd CALL + SHARES Technology	Added	29,348	+348	$8,918,563	+10.1%	5	before history	2.11%
AX	Axos Financial, Inc. Financial Services	Added	100,000	+12,000	$8,616,000	+15.7%	5	before history	2.04%
WES	Western Midstream Partners, LP Energy	Held	200,000	0	$7,900,000	+0.5%	4	$38.09	1.87%
GOOG	Alphabet Inc. Communication Services	NEW	24,500	NEW	$7,688,100	NEW	1	$286.47	1.82%
BABA	Alibaba Group Holding Ltd PUT Consumer Cyclical	Held	49,500	0	$7,255,710	−18.0%	—	—	1.72%
ORR	Militia Long/Short Equity ETF	Added	161,000	+38,000	$5,499,760	+42.1%	4	unpriced	1.30%
IBKR	Interactive Brokers Group, Inc. Financial Services	Added	71,000	+15,000	$4,566,010	+18.5%	5	before history	1.08%
CAAP	Corporacion America Airports S.A. Industrials	Held	161,000	0	$4,186,000	+43.5%	5	before history	0.99%
MPLX	Mplx LP Energy	Held	67,000	0	$3,575,790	+6.8%	4	$50.89	0.85%
GRVY	GRAVITY Co., Ltd. Communication Services	Added	58,737	+737	$3,399,110	−8.4%	5	before history	0.80%
LLY	ELI LILLY & Co Healthcare	Reduced	3,040	-1,060	$3,267,027	+4.4%	3	$761.02	0.77%
FBTC	Fidelity Wise Origin Bitcoin Fund	Added	42,300	+31,800	$3,224,529	+207.7%	3	$86.97	0.76%
HPE	Hewlett Packard Enterprise Co CALL Technology	NEW	132,700	NEW	$3,187,454	NEW	—	—	0.75%
BMA	Macro Bank Inc. Financial Services	Reduced	33,400	-8,600	$3,011,344	+69.5%	2	$61.09	0.71%
PKBK	Parke Bancorp, Inc. Financial Services	Held	120,000	0	$3,004,800	+16.2%	5	before history	0.71%
TEVA	Teva Pharmaceutical Industries Ltd Healthcare	Added	92,000	+2,000	$2,871,320	+57.9%	2	$17.72	0.68%
QQQE	Direxion NASDAQ-100 Equal Weighted Index Shares	NEW	27,800	NEW	$2,844,218	NEW	1	unpriced	0.67%
AGM	Federal Agricultural Mortgage Corp Financial Services	Held	16,000	0	$2,809,120	+4.5%	5	before history	0.66%
ETHA	iShares Ethereum Trust ETF PUT + SHARES	Added	123,849	+70,549	$2,777,932	+65.4%	2	$29.67	0.66%
SE	Sea Ltd Consumer Cyclical	NEW	21,400	NEW	$2,729,998	NEW	1	$148.11	0.65%
LNG	Cheniere Energy, Inc. Energy	Added	14,000	+1,400	$2,721,460	−8.1%	5	before history	0.64%
IBIT	iShares Bitcoin Trust ETF	Reduced	54,590	-31,700	$2,710,393	−51.7%	5	before history	0.64%
PYPL	PayPal Holdings, Inc. CALL Financial Services	Held	45,000	0	$2,627,100	−12.9%	—	—	0.62%
BKD	Brookdale Senior Living Inc. Healthcare	Added	240,000	+20,600	$2,589,600	+39.4%	5	before history	0.61%
FIGR	Figure Technology Solutions, Inc. PUT + SHARES Financial Services	NEW	70,000	NEW	$2,454,150	NEW	1	$40.00	0.58%
EVLV	Evolv Technologies Holdings, Inc. Industrials	Added	340,000	+45,479	$2,434,400	+9.5%	5	before history	0.58%
TIGR	UP Fintech Holding Ltd CALL Financial Services	Reduced	250,000	-90,000	$2,390,000	−34.1%	—	—	0.57%
TPB	Turning Point Brands, Inc. Consumer Defensive	Added	22,000	+5,000	$2,384,800	+41.9%	5	before history	0.56%
MEDP	Medpace Holdings, Inc. Healthcare	Held	4,200	0	$2,358,930	+9.2%	5	before history	0.56%
HROW	Harrow, Inc. Healthcare	NEW	47,000	NEW	$2,303,000	NEW	1	$41.98	0.54%
ACIC	AMERICAN COASTAL INSURANCE Corp Financial Services	Reduced	180,658	-10,000	$2,281,710	+5.1%	5	before history	0.54%
CCB	Coastal Financial Corp Financial Services	Added	19,000	+9,000	$2,177,210	+101.3%	5	before history	0.51%
HOOD	Robinhood Markets, Inc. Financial Services	Reduced	18,678	-2,000	$2,112,481	−28.6%	5	before history	0.50%
TIGO	Millicom International Cellular SA Communication Services	Added	38,000	+3,000	$2,106,720	+24.0%	4	$30.85	0.50%
DHR	Danaher Corp Healthcare	Added	8,800	+6,000	$2,014,496	+262.9%	2	$213.19	0.48%
OHI	Omega Healthcare Investors Inc Real Estate	Added	44,400	+8,400	$1,968,696	+29.5%	2	$40.85	0.47%
MOH	Molina Healthcare, Inc. Healthcare	NEW	11,000	NEW	$1,908,940	NEW	1	$164.37	0.45%
VTR	Ventas, Inc. Real Estate	Added	24,650	+9,850	$1,907,417	+84.1%	5	before history	0.45%
		Reduced	10,800	-5,700	$1,822,716	−23.5%	3	$124.01	0.43%
PURR	Hyperliquid Strategies Inc Financial Services	NEW	501,200	NEW	$1,784,272	NEW	1	$3.47	0.42%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	NEW	2,300	NEW	$1,775,301	NEW	1	$679.11	0.42%
U	Unity Software Inc. Technology	NEW	40,000	NEW	$1,766,800	NEW	1	$40.75	0.42%

Showing the top 50 of 215 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.