Massar Capital Management, LP

CIK

2037238

Location

STAMFORD, CT

Portfolio Value

Small $548,575,301

Diversification

Diversified

Filing Date

Global Rank

#2,474 / 8,603 ▼ 412 · as of Mar 2026

Top Industry

Internet Retail 23.4%

3Y Alpha vs SPY

+1.7%

Period ended 3 months ago

Filed May 15, 2026 · 55d

6 quarters · since Dec 2024

Clone Performance

Feb 2025–Jul 2026 · vs SPY

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

Cloned portfolio

+26.0%

SPY

+24.4%

Annualised alpha

+1.1%

Max drawdown

−22.7%

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

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

Top Position

13.9%

+3.6 pts

Top 5

39.5%

+4.2 pts

Top 10

49.8%

−5.6 pts

HHI

429

Diversified+52

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	21.2%	$116,445,540	21
Unclassified	17.0%	$93,120,832	5
Financial Services	15.4%	$84,417,773	43
Technology	11.5%	$63,166,342	34
Basic Materials	8.4%	$46,054,888	25
Communication Services	7.9%	$43,099,826	12
Consumer Defensive	7.6%	$41,433,529	8
Healthcare	4.2%	$23,071,903	18
Energy	3.3%	$18,250,153	14
Industrials	3.0%	$16,491,395	26
Utilities	0.4%	$2,049,709	4
Real Estate	0.2%	$973,411	2

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
JD	JD.com, Inc.	+1,684,480	1,794,680	$53,068,687
QURE	uniQure N.V.	+385,500	426,029	$6,965,574
HRL	Hormel Foods Corp /De/	+222,778	269,200	$6,097,380
PYPL	PayPal Holdings, Inc.	+203,372	219,463	$9,926,311
IBIT	iShares Bitcoin Trust ETF	+197,304	250,000	$9,605,000
WMT	Walmart Inc.	+158,200	269,500	$33,493,460
RTAC	Renatus Tactical Acquisition Corp I	+95,444	277,028	$2,847,847
QQQ	Invesco Qqq Trust, Series 1	+53,621	132,385	$76,409,974
ERO	Ero Copper Corp.	+48,397	164,131	$4,377,373
INTC	Intel Corp	+32,153	101,038	$4,458,806
CLPT	ClearPoint Neuro, Inc.	+30,742	206,970	$1,883,427
GTLB	Gitlab Inc.	+23,516	87,346	$1,890,167
BMNR	Bitmine Immersion Technologies, Inc.	+21,056	31,031	$613,793
AEXA	American Exceptionalism Acquisition Corp. A	+21,056	178,976	$1,938,310
MELI	Mercadolibre Inc	+16,485	18,200	$31,468,164
AMZN	Amazon Com Inc	+16,426	46,717	$9,729,749
NET	Cloudflare, Inc.	+14,800	16,632	$3,431,846
RBRK	Rubrik, Inc.	+7,735	37,910	$1,856,452
META	Meta Platforms, Inc.	+7,708	11,118	$6,360,941
NOW	ServiceNow, Inc.	+4,595	9,945	$1,039,749
PSEC	Prospect Capital Corp	+3,911	27,095	$70,717
RDDT	Reddit, Inc.	+3,468	5,264	$708,797
GOOGL	Alphabet Inc.	+3,057	11,057	$3,179,550
GEV	GE Vernova Inc.	+1,775	2,391	$2,087,103
TVA	Texas Ventures Acquisition III Corp	+1,584	106,584	$1,107,407
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MARA	MARA Holdings, Inc.	−5,238,006	57,000	$465,120
BABA	Alibaba Group Holding Ltd	−304,853	51,540	$6,466,208
COIN	Coinbase Global, Inc.	−218,145	3,682	$642,914
TAC	Transalta Corp	−119,912	20,826	$272,820
ETH	Grayscale Ethereum Staking Mini ETF	−101,825	255,000	$5,064,300
NXE	NexGen Energy Ltd.	−74,217	49,582	$575,151
TGB	Trekor Metals Ltd	−72,406	98,000	$632,100
PPTA	Perpetua Resources Corp.	−31,584	21,056	$592,094
XGN	Exagen Inc.	−30,000	140,000	$420,000
SPY	Spdr S&P 500 ETF Trust	−27,268	1,880	$1,222,639
IE	Ivanhoe Electric Inc.	−21,056	63,168	$746,645
PL	Planet Labs PBC	−16,108	16,108	$450,218
HON	Honeywell International Inc	−13,160	14,059	$3,332,728
CIB	Grupo Cibest S.A.	−13,000	13,000	$946,530
NNE	Nano Nuclear Energy Inc.	−11,616	9,809	$200,888
NSC	Norfolk Southern Corp	−8,742	1,358	$389,746
PWR	Quanta Services, Inc.	−8,576	729	$400,235
KEYS	Keysight Technologies, Inc.	−7,505	1,990	$561,916
TWST	Twist Bioscience Corp	−6,750	5,500	$261,360
MT	ArcelorMittal	−5,369	5,370	$279,132
MSGE	Madison Square Garden Entertainment Corp.	−4,369	4,369	$257,377
CPRX	Catalyst Pharmaceuticals, Inc.	−2,958	15,382	$380,858
IBM	International Business Machines Corp	−1,474	42,200	$10,228,858
AMG	Affiliated Managers Group, Inc.	−865	865	$239,345
DDOG	Datadog, Inc.	−297	1,920	$226,656
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
EA	Electronic Arts Inc.	108,900	$22,201,443
MOS	Mosaic Co	328,658	$8,380,779
MOH	Molina Healthcare, Inc.	47,271	$6,301,224
MSFT	Microsoft Corp	13,183	$4,879,951
TTWO	Take Two Interactive Software Inc	18,922	$3,737,095
CRK	Comstock Resources Inc	176,870	$3,728,419
MRX	Marex Group Ltd	73,696	$3,285,367
PAAS	Pan American Silver Corp	60,010	$3,278,346
CDE	Coeur Mining, Inc.	168,307	$3,159,122
SLM	SLM Corp	147,392	$3,155,662
CPNG	Coupang, Inc.	151,210	$2,854,844
HOOD	Robinhood Markets, Inc.	36,848	$2,553,566
DOW	Dow Inc.	58,957	$2,455,559
IPI	Intrepid Potash, Inc.	55,798	$2,386,480
LYB	LyondellBasell Industries N.V.	29,478	$2,374,747
CLBT	Cellebrite DI Ltd.	168,448	$2,321,213
STVN	Stevanato Group S.p.A.	168,448	$2,316,160
ECVT	Ecovyst Inc.	178,976	$2,301,631
BHP	BHP Group Ltd	31,584	$2,297,420
WBI	WaterBridge Infrastructure LLC	84,224	$2,256,360
VIAV	Viavi Solutions Inc.	65,994	$2,196,280
ZM	Zoom Communications, Inc.	26,320	$2,115,864
RBLX	Roblox Corp	36,453	$2,061,781
CF	CF Industries Holdings, Inc.	15,792	$2,050,433
SEDG	Solaredge Technologies, Inc.	40,006	$2,042,306
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
XYZ	Block, Inc.	1,264,504	$82,306,565
MSTR	Strategy Inc	310,139	$47,125,621
CORZ	Core Scientific, Inc./tx	2,649,676	$38,579,282
GLD	Spdr Gold Trust	75,500	$29,921,405
ORCL	Oracle Corp	124,257	$24,218,931
UPS	United Parcel Service Inc	58,000	$5,753,020
LULU	lululemon athletica inc.	23,697	$4,924,473
DD	DuPont de Nemours, Inc.	39,381	$4,749,348
TPL	Texas Pacific Land Corp	16,260	$4,670,197
FISV	Fiserv Inc	57,861	$3,886,523
NE	Noble Corp plc	123,960	$3,500,630
BHVN	Biohaven Ltd.	247,400	$2,793,146
ODFL	Old Dominion Freight Line, Inc.	17,135	$2,686,768
FLNC	Fluence Energy, Inc.	131,600	$2,603,048
NEE	Nextera Energy Inc	30,950	$2,484,666
QXO	QXO, Inc.	120,756	$2,329,383
GLW	Corning Inc /Ny	25,942	$2,271,481
ACMR	ACM Research, Inc.	54,135	$2,135,625
EQT	EQT Corp	38,532	$2,065,315
BIDU	Baidu, Inc.	14,139	$1,847,401
JBHT	Hunt J B Transport Services Inc	9,359	$1,818,828
UROY	Uranium Royalty Corp.	473,110	$1,674,809
GLPI	Gaming & Leisure Properties, Inc.	37,251	$1,664,747
WBD	Warner Bros. Discovery, Inc.	57,268	$1,650,463
MRK	Merck & Co., Inc.	15,434	$1,624,582
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

212 positions · $548,575,301 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 212 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1	Added	132,385	+53,621	$76,409,974	+57.9%	13.93%
JD	JD.com, Inc. Consumer Cyclical	Added	1,794,680	+1,684,480	$53,068,687	+1577.9%	9.67%
WMT	Walmart Inc. Consumer Defensive	Added	269,500	+158,200	$33,493,460	+170.1%	6.11%
MELI	Mercadolibre Inc Consumer Cyclical	Added	18,200	+16,485	$31,468,164	+810.9%	5.74%
EA	Electronic Arts Inc. Communication Services	NEW	108,900	NEW	$22,201,443	NEW	4.05%
GS	Goldman Sachs Group Inc Financial Services	Held	15,000	0	$12,689,850	−3.8%	2.31%
JPM	Jpmorgan Chase & Co Financial Services	Held	40,800	0	$12,001,728	−8.7%	2.19%
AAPL	Apple Inc. Technology	Held	45,800	0	$11,623,582	−6.6%	2.12%
IBM	International Business Machines Corp Technology	Reduced	42,200	-1,474	$10,228,858	−20.9%	1.86%
PYPL	PayPal Holdings, Inc. Financial Services	Added	219,463	+203,372	$9,926,311	+956.7%	1.81%
AMZN	Amazon Com Inc Consumer Cyclical	Added	46,717	+16,426	$9,729,749	+39.2%	1.77%
IBIT	iShares Bitcoin Trust ETF	Added	250,000	+197,304	$9,605,000	+267.1%	1.75%
MOS	Mosaic Co Basic Materials	NEW	328,658	NEW	$8,380,779	NEW	1.53%
QURE	uniQure N.V. Healthcare	Added	426,029	+385,500	$6,965,574	+618.2%	1.27%
MP	MP Materials Corp. / DE Basic Materials	Held	140,800	0	$6,795,008	−4.5%	1.24%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	51,540	-304,853	$6,466,208	−87.6%	1.18%
META	Meta Platforms, Inc. Communication Services	Added	11,118	+7,708	$6,360,941	+182.6%	1.16%
SMFG	Sumitomo Mitsui Financial Group, Inc. Financial Services	Held	320,000	0	$6,320,000	+2.2%	1.15%
MOH	Molina Healthcare, Inc. Healthcare	NEW	47,271	NEW	$6,301,224	NEW	1.15%
HRL	Hormel Foods Corp /De/ Consumer Defensive	Added	269,200	+222,778	$6,097,380	+454.2%	1.11%
MFG	Mizuho Financial Group Inc Financial Services	Held	650,000	0	$5,161,000	+8.5%	0.94%
ETH	Grayscale Ethereum Staking Mini ETF	Reduced	255,000	-101,825	$5,064,300	−49.4%	0.92%
MSFT	Microsoft Corp Technology	NEW	13,183	NEW	$4,879,951	NEW	0.89%
MUFG	Mitsubishi Ufj Financial Group Inc Financial Services	Held	280,000	0	$4,751,600	+7.0%	0.87%
INTC	Intel Corp Technology	Added	101,038	+32,153	$4,458,806	+75.4%	0.81%
ERO	Ero Copper Corp. Basic Materials	Added	164,131	+48,397	$4,377,373	+33.7%	0.80%
TTWO	Take Two Interactive Software Inc Communication Services	NEW	18,922	NEW	$3,737,095	NEW	0.68%
CRK	Comstock Resources Inc Energy	NEW	176,870	NEW	$3,728,419	NEW	0.68%
UUUU	Energy Fuels Inc Energy	Held	192,020	0	$3,504,365	+25.5%	0.64%
NET	Cloudflare, Inc. Technology	Added	16,632	+14,800	$3,431,846	+850.2%	0.63%
HON	Honeywell International Inc Industrials	Reduced	14,059	-13,160	$3,332,728	−40.2%	0.61%
MRX	Marex Group Ltd Financial Services	NEW	73,696	NEW	$3,285,367	NEW	0.60%
PAAS	Pan American Silver Corp Basic Materials	NEW	60,010	NEW	$3,278,346	NEW	0.60%
GOOGL	Alphabet Inc. Communication Services	Added	11,057	+3,057	$3,179,550	+27.0%	0.58%
CDE	Coeur Mining, Inc. Basic Materials	NEW	168,307	NEW	$3,159,122	NEW	0.58%
SLM	SLM Corp Financial Services	NEW	147,392	NEW	$3,155,662	NEW	0.58%
CPNG	Coupang, Inc. Consumer Cyclical	NEW	151,210	NEW	$2,854,844	NEW	0.52%
RTAC	Renatus Tactical Acquisition Corp I Financial Services	Added	277,028	+95,444	$2,847,847	+47.0%	0.52%
DIS	Walt Disney Co Communication Services	Held	28,847	0	$2,780,273	−15.3%	0.51%
HOOD	Robinhood Markets, Inc. Financial Services	NEW	36,848	NEW	$2,553,566	NEW	0.47%
DOW	Dow Inc. Basic Materials	NEW	58,957	NEW	$2,455,559	NEW	0.45%
IPI	Intrepid Potash, Inc. Basic Materials	NEW	55,798	NEW	$2,386,480	NEW	0.44%
LYB	LyondellBasell Industries N.V. Basic Materials	NEW	29,478	NEW	$2,374,747	NEW	0.43%
CLBT	Cellebrite DI Ltd. Technology	NEW	168,448	NEW	$2,321,213	NEW	0.42%
STVN	Stevanato Group S.p.A. Healthcare	NEW	168,448	NEW	$2,316,160	NEW	0.42%
TSLA	Tesla, Inc. Consumer Cyclical	Held	6,200	0	$2,304,850	−17.3%	0.42%
ECVT	Ecovyst Inc. Basic Materials	NEW	178,976	NEW	$2,301,631	NEW	0.42%
BHP	BHP Group Ltd Basic Materials	NEW	31,584	NEW	$2,297,420	NEW	0.42%
WBI	WaterBridge Infrastructure LLC Energy	NEW	84,224	NEW	$2,256,360	NEW	0.41%
VIAV	Viavi Solutions Inc. Technology	NEW	65,994	NEW	$2,196,280	NEW	0.40%