Thoma Capital Management LLC

CIK

2060298

Location

TOWSON, MD

Portfolio Value

Micro $89,119,349

Diversification

Highly concentrated

Filing Date

Global Rank

#6,293 / 8,633 ▲ 192

Top Industry

Semiconductors 12.8%

3Y Alpha vs SPY

-2.1%

Period ended 51 days ago

Filed Jul 16, 2026 · 35d

7 quarters · since Dec 2024

Clone Performance

Feb 2025–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+23.3%

SPY

+26.1%

Annualised alpha

-1.7%

Max drawdown

−20.8%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 7 quarters. Past performance does not predict future results.

Portfolio Concentration

44 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

55.2%

+2.4 pts

Top 5

65.5%

+2.2 pts

Top 10

74.1%

+3.2 pts

HHI

3,114

Highly concentrated+256

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	55.6%	$49,545,461	2
Technology	15.3%	$13,644,840	11
Consumer Cyclical	4.8%	$4,313,730	5
Energy	4.8%	$4,303,376	4
Financial Services	4.3%	$3,828,247	6
Communication Services	4.2%	$3,742,932	3
Industrials	3.2%	$2,871,351	4
Healthcare	2.8%	$2,472,477	3
Consumer Defensive	2.2%	$1,996,694	2
Utilities	1.6%	$1,388,062	2
Real Estate	0.8%	$751,542	1
Basic Materials	0.3%	$260,637	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

19 positions

Ticker	Company	Δ Shares	Shares	Value
DVN	Devon Energy Corp/De	+20,250	40,546	$1,675,360
RTX	RTX Corp	+1,086	3,403	$645,651
WMT	Walmart Inc.	+360	8,337	$944,248
SPY	Spdr S&P 500 ETF Trust	+354	65,874	$49,192,726
META	Meta Platforms, Inc.	+345	2,162	$1,217,832
BX	Blackstone Inc.	+310	6,189	$728,259
CAVA	Cava Group, Inc.	+302	5,698	$447,179
KO	Coca Cola Co	+196	12,950	$1,052,446
JPM	Jpmorgan Chase & Co	+155	1,996	$653,350
BA	Boeing Co	+137	4,001	$866,096
PLTR	Palantir Technologies Inc.	+107	5,485	$639,934
LNG	Cheniere Energy, Inc.	+77	3,796	$907,281
AAPL	Apple Inc.	+67	10,677	$3,089,496
QQQ	Invesco Qqq Trust, Series 1	+61	479	$352,735
CVX	Chevron Corp	+54	5,155	$854,492
ETN	Eaton Corp plc	+36	2,443	$1,041,011
HD	Home Depot, Inc.	+30	1,107	$390,416
AMGN	Amgen Inc	+27	2,193	$794,129
ABBV	AbbVie Inc.	+4	1,703	$428,542
No positions match the current search.

Trimmed

Positions the filer reduced

20 positions

Ticker	Company	Δ Shares	Shares	Value
LEO	Bny Mellon Strategic Municipals, Inc.	−12,125	10,848	$70,078
DKNG	DraftKings Inc.	−9,275	15,451	$390,292
GOOGL	Alphabet Inc.	−2,825	4,686	$1,674,635
ORCL	Oracle Corp	−1,338	3,577	$524,209
NVDA	Nvidia Corp	−807	8,639	$1,728,577
MRVL	Marvell Technology, Inc.	−710	8,001	$2,383,417
NET	Cloudflare, Inc.	−423	5,719	$1,402,756
AEP	American Electric Power Co Inc	−394	8,368	$1,144,826
AMZN	Amazon Com Inc	−358	8,329	$1,985,133
TROW	Price T Rowe Group Inc	−342	10,308	$1,171,916
V	Visa Inc.	−300	654	$224,380
MSFT	Microsoft Corp	−256	4,535	$1,691,645
AVGO	Broadcom Inc.	−252	1,248	$471,432
IBM	International Business Machines Corp	−159	4,343	$1,221,295
FANG	Diamondback Energy, Inc.	−134	4,928	$866,243
TSLA	Tesla, Inc.	−55	2,617	$1,100,710
LLY	ELI LILLY & Co	−28	1,042	$1,249,806
BRK-B	Berkshire Hathaway Inc	−12	1,959	$980,264
DIS	Walt Disney Co	−9	8,836	$850,465
DLR	Digital Realty Trust, Inc.	−4	4,185	$751,542
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
APD	Air Products & Chemicals, Inc.	889	$260,637
MU	Micron Technology Inc	225	$259,715
AMD	Advanced Micro Devices Inc	400	$232,364
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
HON	Honeywell International Inc	3,991	$902,085
GEHC	GE HealthCare Technologies Inc.	9,809	$698,204
GLW	Corning Inc /Ny	1,974	$268,404
NEE	Nextera Energy Inc	2,242	$208,236
CTRA	Coterra Energy Inc.	29,867	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

44 tracked positions · $89,119,349 total · as of Jun 30, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	65,874	+354	$49,192,726	+15.4%	55.20%
AAPL	Apple Inc. Technology	Added	10,677	+67	$3,089,496	+14.7%	3.47%
MRVL	Marvell Technology, Inc. Technology	Reduced	8,001	-710	$2,383,417	+176.2%	2.67%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	8,329	-358	$1,985,133	+9.7%	2.23%
NVDA	Nvidia Corp Technology	Reduced	8,639	-807	$1,728,577	+4.9%	1.94%
MSFT	Microsoft Corp Technology	Reduced	4,535	-256	$1,691,645	−4.6%	1.90%
DVN	Devon Energy Corp/De Energy	Added	40,546	+20,250	$1,675,360	+64.0%	1.88%
GOOGL	Alphabet Inc. Communication Services	Reduced	4,686	-2,825	$1,674,635	−22.4%	1.88%
NET	Cloudflare, Inc. Technology	Reduced	5,719	-423	$1,402,756	+10.7%	1.57%
LLY	ELI LILLY & Co Healthcare	Reduced	1,042	-28	$1,249,806	+27.0%	1.40%
IBM	International Business Machines Corp Technology	Reduced	4,343	-159	$1,221,295	+11.9%	1.37%
META	Meta Platforms, Inc. Communication Services	Added	2,162	+345	$1,217,832	+17.1%	1.37%
TROW	Price T Rowe Group Inc Financial Services	Reduced	10,308	-342	$1,171,916	+22.1%	1.31%
AEP	American Electric Power Co Inc Utilities	Reduced	8,368	-394	$1,144,826	−0.3%	1.28%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	2,617	-55	$1,100,710	+10.8%	1.24%
KO	Coca Cola Co Consumer Defensive	Added	12,950	+196	$1,052,446	+8.5%	1.18%
ETN	Eaton Corp plc Industrials	Added	2,443	+36	$1,041,011	+20.9%	1.17%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	1,959	-12	$980,264	+3.8%	1.10%
WMT	Walmart Inc. Consumer Defensive	Added	8,337	+360	$944,248	−4.8%	1.06%
LNG	Cheniere Energy, Inc. Energy	Added	3,796	+77	$907,281	−14.0%	1.02%
FANG	Diamondback Energy, Inc. Energy	Reduced	4,928	-134	$866,243	−13.5%	0.97%
BA	Boeing Co Industrials	Added	4,001	+137	$866,096	+12.6%	0.97%
CVX	Chevron Corp Energy	Added	5,155	+54	$854,492	−19.0%	0.96%
DIS	Walt Disney Co Communication Services	Reduced	8,836	-9	$850,465	−0.2%	0.95%
AMGN	Amgen Inc Healthcare	Added	2,193	+27	$794,129	+4.2%	0.89%
DLR	Digital Realty Trust, Inc. Real Estate	Reduced	4,185	-4	$751,542	−0.4%	0.84%
BX	Blackstone Inc. Financial Services	Added	6,189	+310	$728,259	+7.7%	0.82%
JPM	Jpmorgan Chase & Co Financial Services	Added	1,996	+155	$653,350	+20.6%	0.73%
RTX	RTX Corp Industrials	Added	3,403	+1,086	$645,651	+44.5%	0.72%
PLTR	Palantir Technologies Inc. Technology	Added	5,485	+107	$639,934	−18.7%	0.72%
ORCL	Oracle Corp Technology	Reduced	3,577	-1,338	$524,209	−27.5%	0.59%
AVGO	Broadcom Inc. Technology	Reduced	1,248	-252	$471,432	+1.5%	0.53%
CAVA	Cava Group, Inc. Consumer Cyclical	Added	5,698	+302	$447,179	+2.4%	0.50%
ABBV	AbbVie Inc. Healthcare	Added	1,703	+4	$428,542	+16.0%	0.48%
HD	Home Depot, Inc. Consumer Cyclical	Added	1,107	+30	$390,416	+10.2%	0.44%
DKNG	DraftKings Inc. Consumer Cyclical	Reduced	15,451	-9,275	$390,292	−27.0%	0.44%
QQQ	Invesco Qqq Trust, Series 1	Added	479	+61	$352,735	+46.2%	0.40%
CSX	Csx Corp Industrials	Held	6,703	0	$318,593	+15.8%	0.36%
APD	Air Products & Chemicals, Inc. Basic Materials	NEW	889	NEW	$260,637	NEW	0.29%
MU	Micron Technology Inc Technology	NEW	225	NEW	$259,715	NEW	0.29%
PEG	Public Service Enterprise Group Inc Utilities	Held	2,997	0	$243,236	+0.3%	0.27%
AMD	Advanced Micro Devices Inc Technology	NEW	400	NEW	$232,364	NEW	0.26%
V	Visa Inc. Financial Services	Reduced	654	-300	$224,380	−22.2%	0.25%
LEO	Bny Mellon Strategic Municipals, Inc. Financial Services	Reduced	10,848	-12,125	$70,078	−51.5%	0.08%

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.