Second Line Capital, LLC

CIK

1992879

Location

METAIRIE, LA

Portfolio Value

Small $190,700,500

Diversification

Diversified

Filing Date

Global Rank

#3,968 / 8,232 ▲ 180

Top Industry

Software - Infrastructure 8.6%

3Y Alpha vs SPY

-5.7%

Period ended 2 months ago

Filed May 15, 2026 · 30d

10 quarters · since Dec 2023

Clone Performance

Feb 2024–Jun 2026 · vs SPY

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

Cloned portfolio

+36.4%

SPY

+52.9%

Annualised alpha

-5.7%

Max drawdown

−21.1%

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

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

Top Position

13.7%

+2.3 pts

Top 5

30.0%

−4.0 pts

Top 10

45.3%

−5.2 pts

HHI

369

Diversified−16

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.3%	$46,321,841	24
Unclassified	14.8%	$28,194,589	3
Financial Services	12.2%	$23,358,288	20
Energy	12.0%	$22,979,094	17
Communication Services	8.6%	$16,399,436	7
Consumer Cyclical	8.1%	$15,387,396	9
Healthcare	6.1%	$11,608,635	12
Industrials	5.6%	$10,625,403	13
Consumer Defensive	4.3%	$8,258,483	6
Real Estate	1.8%	$3,376,991	4
Basic Materials	1.1%	$2,192,304	4
Utilities	1.0%	$1,998,040	4

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
OCUL	Ocular Therapeutix, Inc	+27,544	528,290	$4,474,616
MARA	MARA Holdings, Inc.	+14,915	263,802	$2,152,624
BP	Bp PLC	+9,610	21,427	$1,007,069
SPY	Spdr S&P 500 ETF Trust	+7,512	40,114	$26,087,738
CSCO	Cisco Systems, Inc.	+6,254	10,009	$776,598
FSK	FS KKR Capital Corp	+5,313	21,981	$223,766
INTC	Intel Corp	+4,830	10,876	$479,957
NOW	ServiceNow, Inc.	+1,963	19,049	$1,991,572
ORCL	Oracle Corp	+1,418	5,889	$866,330
APH	Amphenol Corp /De/	+1,208	19,455	$2,458,139
AMD	Advanced Micro Devices Inc	+1,185	3,486	$709,156
PG	PROCTER & GAMBLE Co	+1,100	7,584	$1,095,432
VZ	Verizon Communications Inc	+1,057	9,679	$485,885
IBM	International Business Machines Corp	+1,056	2,635	$638,697
NVDA	Nvidia Corp	+990	48,385	$8,438,344
NFLX	Netflix Inc	+885	3,520	$338,448
EPD	Enterprise Products Partners L.P.	+863	7,871	$297,838
MSFT	Microsoft Corp	+812	19,193	$7,104,672
UBER	Uber Technologies, Inc	+803	3,751	$269,809
CRWV	CoreWeave, Inc.	+788	66,244	$5,131,922
DIS	Walt Disney Co	+787	3,395	$327,210
SO	Southern Co	+762	11,453	$1,105,443
ALL	Allstate Corp	+722	1,940	$402,239
CPRT	Copart Inc	+694	72,519	$2,407,630
COP	Conocophillips	+575	6,425	$848,100
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AR	ANTERO RESOURCES Corp	−10,000	10,375	$440,315
PDT	John Hancock Premium Dividend Fund	−3,934	37,165	$486,861
T	At&T Inc.	−2,284	29,206	$846,681
LOW	Lowes Companies Inc	−2,250	2,506	$592,117
XOM	Exxon Mobil Corp	−1,799	41,264	$7,000,850
FANG	Diamondback Energy, Inc.	−1,553	24,149	$4,776,430
KO	Coca Cola Co	−1,363	8,259	$628,096
AMZN	Amazon Com Inc	−1,063	24,773	$5,159,472
FSCO	FS Credit Opportunities Corp.	−1,058	10,415	$53,116
JPM	Jpmorgan Chase & Co	−1,018	21,627	$6,361,798
WMT	Walmart Inc.	−951	43,387	$5,392,136
PWR	Quanta Services, Inc.	−863	8,625	$4,735,297
ET	Energy Transfer LP	−652	30,222	$583,284
BAC	Bank Of America Corp /De/	−630	11,276	$549,705
HD	Home Depot, Inc.	−523	8,703	$2,862,329
AAPL	Apple Inc.	−412	27,725	$7,036,327
V	Visa Inc.	−406	10,896	$3,293,207
AMT	American Tower Corp /Ma/	−323	16,050	$2,769,909
PGR	Progressive Corp/Oh/	−291	13,950	$2,765,448
ABBV	AbbVie Inc.	−180	1,304	$283,606
BR	Broadridge Financial Solutions, Inc.	−173	14,806	$2,405,678
PSA	Public Storage	−171	1,003	$271,692
AB	Alliancebernstein Holding L.P.	−150	8,021	$300,306
VG	Venture Global, Inc.	−124	11,594	$182,721
RTX	RTX Corp	−100	2,547	$491,316
No positions match the current search.

New Positions

Positions the filer opened this quarter

19 positions

Ticker	Company	Shares	Value
GLXY	Galaxy Digital Inc.	156,098	$2,880,008
CRDO	Credo Technology Group Holding Ltd	29,617	$2,780,147
APLD	Applied Digital Corp.	86,703	$2,058,329
FCX	Freeport-Mcmoran Inc	24,466	$1,438,111
CHDN	Churchill Downs Inc	10,200	$916,266
LNG	Cheniere Energy, Inc.	1,167	$331,147
MPC	Marathon Petroleum Corp	1,153	$281,539
SCHW	Schwab Charles Corp	2,990	$281,000
MS	Morgan Stanley	1,499	$246,690
SHEL	Shell plc	2,387	$221,991
CTAS	Cintas Corp	1,305	$220,727
ETN	Eaton Corp plc	513	$183,484
TSM	Taiwan Semiconductor Manufacturing Co Ltd	523	$176,747
IRM	Iron Mountain Inc	1,661	$169,654
SILA	Sila Realty Trust, Inc.	6,999	$165,736
URI	United Rentals, Inc.	224	$163,197
MP	MP Materials Corp. / DE	3,296	$159,064
F	Ford Motor Co	11,949	$137,891
USAR	USA Rare Earth, Inc.	8,924	$135,064
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
FUBO	FuboTV Inc.	397,612	$12,023,786
ROK	Rockwell Automation, Inc	916	$356,388
BX	Blackstone Inc.	1,701	$262,192
DVN	Devon Energy Corp/De	6,696	$245,274
ACN	Accenture plc	816	$218,932
NAD	Nuveen Quality Municipal Income Fund	11,216	$134,816
LAC	Lithium Americas Corp.	18,400	$80,224
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

123 positions · $190,700,500 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 123 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	40,114	+7,512	$26,087,738	+17.3%	13.68%
APP	AppLovin Corp Communication Services	Added	21,585	+360	$8,590,830	−39.9%	4.50%
NVDA	Nvidia Corp Technology	Added	48,385	+990	$8,438,344	−4.5%	4.42%
MSFT	Microsoft Corp Technology	Added	19,193	+812	$7,104,672	−20.1%	3.73%
AAPL	Apple Inc. Technology	Reduced	27,725	-412	$7,036,327	−8.0%	3.69%
XOM	Exxon Mobil Corp Energy	Reduced	41,264	-1,799	$7,000,850	+35.1%	3.67%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	21,627	-1,018	$6,361,798	−12.8%	3.34%
WMT	Walmart Inc. Consumer Defensive	Reduced	43,387	-951	$5,392,136	+9.2%	2.83%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	24,773	-1,063	$5,159,472	−13.5%	2.71%
CRWV	CoreWeave, Inc. Technology	Added	66,244	+788	$5,131,922	+9.5%	2.69%
CVX	Chevron Corp Energy	Added	23,613	+320	$4,885,529	+37.6%	2.56%
FANG	Diamondback Energy, Inc. Energy	Reduced	24,149	-1,553	$4,776,430	+23.6%	2.50%
PWR	Quanta Services, Inc. Industrials	Reduced	8,625	-863	$4,735,297	+18.2%	2.48%
OCUL	Ocular Therapeutix, Inc Healthcare	Added	528,290	+27,544	$4,474,616	−26.4%	2.35%
META	Meta Platforms, Inc. Communication Services	Added	7,616	+24	$4,357,342	−13.1%	2.28%
TSLA	Tesla, Inc. Consumer Cyclical	Added	11,073	+199	$4,116,387	−15.8%	2.16%
V	Visa Inc. Financial Services	Reduced	10,896	-406	$3,293,207	−16.9%	1.73%
GLXY	Galaxy Digital Inc. Financial Services	NEW	156,098	NEW	$2,880,008	NEW	1.51%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	8,703	-523	$2,862,329	−9.8%	1.50%
CRDO	Credo Technology Group Holding Ltd Technology	NEW	29,617	NEW	$2,780,147	NEW	1.46%
AMT	American Tower Corp /Ma/ Real Estate	Reduced	16,050	-323	$2,769,909	−3.6%	1.45%
PGR	Progressive Corp/Oh/ Financial Services	Reduced	13,950	-291	$2,765,448	−14.7%	1.45%
CHE	Chemed Corp Healthcare	Reduced	7,161	-91	$2,704,996	−12.8%	1.42%
APH	Amphenol Corp /De/ Technology	Added	19,455	+1,208	$2,458,139	−0.3%	1.29%
CPRT	Copart Inc Industrials	Added	72,519	+694	$2,407,630	−14.4%	1.26%
BR	Broadridge Financial Solutions, Inc. Technology	Reduced	14,806	-173	$2,405,678	−28.0%	1.26%
MARA	MARA Holdings, Inc. Financial Services	Added	263,802	+14,915	$2,152,624	−3.7%	1.13%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	4,469	+74	$2,141,544	−3.1%	1.12%
APLD	Applied Digital Corp. Technology	NEW	86,703	NEW	$2,058,329	NEW	1.08%
NOW	ServiceNow, Inc. Technology	Added	19,049	+1,963	$1,991,572	−23.9%	1.04%
QQQ	Invesco Qqq Trust, Series 1	Added	2,614	+95	$1,508,748	−2.5%	0.79%
GOOGL	Alphabet Inc. Communication Services	Added	5,053	+527	$1,453,040	+2.6%	0.76%
FCX	Freeport-Mcmoran Inc Basic Materials	NEW	24,466	NEW	$1,438,111	NEW	0.75%
SO	Southern Co Utilities	Added	11,453	+762	$1,105,443	+18.6%	0.58%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	7,584	+1,100	$1,095,432	+17.9%	0.57%
JNJ	Johnson & Johnson Healthcare	Reduced	4,217	-36	$1,030,803	+17.1%	0.54%
BP	Bp PLC Energy	Added	21,427	+9,610	$1,007,069	+145.4%	0.53%
CHDN	Churchill Downs Inc Consumer Cyclical	NEW	10,200	NEW	$916,266	NEW	0.48%
AZO	Autozone Inc Consumer Cyclical	Added	269	+116	$908,622	+75.1%	0.48%
AVGO	Broadcom Inc. Technology	Added	2,927	+377	$905,935	+2.6%	0.48%
ORCL	Oracle Corp Technology	Added	5,889	+1,418	$866,330	−0.6%	0.45%
COP	Conocophillips Energy	Added	6,425	+575	$848,100	+54.9%	0.44%
T	At&T Inc. Communication Services	Reduced	29,206	-2,284	$846,681	+8.2%	0.44%
CSCO	Cisco Systems, Inc. Technology	Added	10,009	+6,254	$776,598	+168.5%	0.41%
CAT	Caterpillar Inc Industrials	Added	1,038	+99	$735,381	+36.7%	0.39%
AMD	Advanced Micro Devices Inc Technology	Added	3,486	+1,185	$709,156	+43.9%	0.37%
MRK	Merck & Co., Inc. Healthcare	Added	5,874	+224	$706,583	+18.8%	0.37%
IBM	International Business Machines Corp Technology	Added	2,635	+1,056	$638,697	+36.6%	0.33%
KO	Coca Cola Co Consumer Defensive	Reduced	8,259	-1,363	$628,096	−6.6%	0.33%
PSX	Phillips 66 Energy	Added	3,438	+225	$626,334	+51.1%	0.33%