Thoma Capital Management LLC

CIK

2060298

Location

TOWSON, MD

Portfolio Value

Small $110,151,623

Diversification

Moderately concentrated

Filing Date

Global Rank

#6,576 / 8,811 ▲ 1258 · as of Jun 2026

Top Industry

Software - Infrastructure 13.1%

Period ended 21 days ago

Filed Oct 19, 2026 · 2d

8 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

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 85.3% of the book (60%+)

Turnover

Low turnover

17.5% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 6.9 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 84.4%; sector active share 69.0% against the combined 13F book's sector weights.

Over time 7 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.

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Portfolio Concentration

54 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

45.1%

+2.4 pts

Top 5

66.6%

−13.1 pts

Top 10

75.7%

−9.6 pts

HHI

2,219

Moderately concentrated−353

Portfolio Trend

8 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	61.8%	$68,100,801	10
Technology	13.2%	$14,577,282	10
Communication Services	4.5%	$4,957,390	4
Energy	4.2%	$4,679,631	4
Consumer Cyclical	3.6%	$4,002,065	6
Financial Services	3.3%	$3,600,873	5
Industrials	3.1%	$3,435,842	6
Healthcare	2.3%	$2,544,184	3
Consumer Defensive	1.8%	$1,988,459	2
Utilities	1.1%	$1,185,461	2
Real Estate	0.7%	$753,550	1
Basic Materials	0.3%	$326,085	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	+20,874	698,644	$0
IVE	iShares S&P 500 Value ETF	+11,782	144,377	$0
IGLB	iShares 10+ Year Investment Grade Corporate Bond ETF	+8,058	166,932	$0
JMST	JPMorgan Ultra-Short Municipal Income ETF	+3,992	9,004	$455,242
APD	Air Products & Chemicals, Inc.	+283	1,172	$326,085
WMT	Walmart Inc.	+180	8,517	$885,086
DLR	Digital Realty Trust, Inc.	+108	4,293	$753,550
BX	Blackstone Inc.	+108	6,297	$705,830
IBM	International Business Machines Corp	+96	4,439	$976,269
HD	Home Depot, Inc.	+85	1,192	$339,112
CAVA	Cava Group, Inc.	+55	5,753	$311,237
ORCL	Oracle Corp	+11	3,588	$492,632
BA	Boeing Co	+5	4,006	$745,316
ABBV	AbbVie Inc.	+4	1,707	$446,534
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
HACK		−4,602	62,651	$7,595,807
DKNG	DraftKings Inc.	−4,196	11,255	$213,845
DVN	Devon Energy Corp/De	−2,873	37,673	$1,734,464
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	−1,374	51,167	$10,015,940
SPY	Spdr S&P 500 ETF Trust	−690	65,184	$49,711,273
NET	Cloudflare, Inc.	−582	5,137	$1,783,977
NVDA	Nvidia Corp	−362	8,277	$1,890,301
PLTR	Palantir Technologies Inc.	−352	5,133	$960,127
MRVL	Marvell Technology, Inc.	−345	7,656	$2,022,791
TSLA	Tesla, Inc.	−241	2,376	$843,028
IWO	iShares Russell 2000 Growth ETF	−228	14,191	$0
TROW	Price T Rowe Group Inc	−152	10,156	$1,056,731
KO	Coca Cola Co	−132	12,818	$1,103,373
GOOG	Alphabet Inc.	−122	2,644	$900,916
AAPL	Apple Inc.	−117	10,560	$3,516,691
MSFT	Microsoft Corp	−108	4,427	$2,270,608
AMZN	Amazon Com Inc	−104	8,225	$2,049,258
DIS	Walt Disney Co	−83	8,753	$918,189
AEP	American Electric Power Co Inc	−77	8,291	$983,644
LNG	Cheniere Energy, Inc.	−73	3,723	$1,001,598
JPM	Jpmorgan Chase & Co	−69	1,927	$637,509
META	Meta Platforms, Inc.	−54	2,108	$1,528,679
CVX	Chevron Corp	−48	5,107	$1,042,900
QQQ	Invesco Qqq Trust, Series 1	−43	436	$322,539
AVGO	Broadcom Inc.	−40	1,208	$424,237
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
HON	Honeywell International Inc	1,946	$410,489
HONA	Honeywell Aerospace Inc.	1,955	$302,966
LEN	Lennar Corp /New/	3,010	$245,585
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
AMD	Advanced Micro Devices Inc	400	$232,364
LEO	Bny Mellon Strategic Municipals, Inc.	10,848	$70,078
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

54 tracked positions · $110,151,623 total · filing declares 54 positions · $191,303,846 · as of Sep 30, 2026

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

Showing 1–50 of 54 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	65,184	-690	$49,711,273	+1.1%	45.13%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Reduced	51,167	-1,374	$10,015,940	+0.1%	9.09%
HACK		Reduced	62,651	-4,602	$7,595,807	+7.6%	6.90%
AAPL	Apple Inc. Technology	Reduced	10,560	-117	$3,516,691	+13.8%	3.19%
MSFT	Microsoft Corp Technology	Reduced	4,427	-108	$2,270,608	+34.2%	2.06%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	8,225	-104	$2,049,258	+3.2%	1.86%
MRVL	Marvell Technology, Inc. Technology	Reduced	7,656	-345	$2,022,791	−15.1%	1.84%
NVDA	Nvidia Corp Technology	Reduced	8,277	-362	$1,890,301	+9.4%	1.72%
NET	Cloudflare, Inc. Technology	Reduced	5,137	-582	$1,783,977	+27.2%	1.62%
DVN	Devon Energy Corp/De Energy	Reduced	37,673	-2,873	$1,734,464	+3.5%	1.57%
GOOGL	Alphabet Inc. Communication Services	Reduced	4,678	-8	$1,609,606	−3.9%	1.46%
META	Meta Platforms, Inc. Communication Services	Reduced	2,108	-54	$1,528,679	+25.5%	1.39%
LLY	ELI LILLY & Co Healthcare	Reduced	1,014	-28	$1,173,279	−6.1%	1.07%
KO	Coca Cola Co Consumer Defensive	Reduced	12,818	-132	$1,103,373	+4.8%	1.00%
TROW	Price T Rowe Group Inc Financial Services	Reduced	10,156	-152	$1,056,731	−9.8%	0.96%
CVX	Chevron Corp Energy	Reduced	5,107	-48	$1,042,900	+22.0%	0.95%
ETN	Eaton Corp plc Industrials	Reduced	2,413	-30	$1,036,890	−0.4%	0.94%
LNG	Cheniere Energy, Inc. Energy	Reduced	3,723	-73	$1,001,598	+10.4%	0.91%
AEP	American Electric Power Co Inc Utilities	Reduced	8,291	-77	$983,644	−14.1%	0.89%
IBM	International Business Machines Corp Technology	Added	4,439	+96	$976,269	−20.1%	0.89%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	1,941	-18	$966,520	−1.4%	0.88%
PLTR	Palantir Technologies Inc. Technology	Reduced	5,133	-352	$960,127	+50.0%	0.87%
AMGN	Amgen Inc Healthcare	Held	2,193	0	$924,371	+16.4%	0.84%
DIS	Walt Disney Co Communication Services	Reduced	8,753	-83	$918,189	+8.0%	0.83%
GOOG	Alphabet Inc. Communication Services	Reduced	2,644	-122	$900,916	−7.8%	0.82%
FANG	Diamondback Energy, Inc. Energy	Reduced	4,900	-28	$900,669	+4.0%	0.82%
WMT	Walmart Inc. Consumer Defensive	Added	8,517	+180	$885,086	−6.3%	0.80%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	2,376	-241	$843,028	−23.4%	0.77%
DLR	Digital Realty Trust, Inc. Real Estate	Added	4,293	+108	$753,550	+0.3%	0.68%
BA	Boeing Co Industrials	Added	4,006	+5	$745,316	−13.9%	0.68%
BX	Blackstone Inc. Financial Services	Added	6,297	+108	$705,830	−3.1%	0.64%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	1,927	-69	$637,509	−2.4%	0.58%
RTX	RTX Corp Industrials	Reduced	3,385	-18	$628,425	−2.7%	0.57%
ORCL	Oracle Corp Technology	Added	3,588	+11	$492,632	−6.0%	0.45%
JMST	JPMorgan Ultra-Short Municipal Income ETF	Added	9,004	+3,992	$455,242	+78.1%	0.41%
ABBV	AbbVie Inc. Healthcare	Added	1,707	+4	$446,534	+4.2%	0.41%
AVGO	Broadcom Inc. Technology	Reduced	1,208	-40	$424,237	−10.0%	0.39%
HON	Honeywell International Inc Industrials	NEW	1,946	NEW	$410,489	NEW	0.37%
HD	Home Depot, Inc. Consumer Cyclical	Added	1,192	+85	$339,112	−13.1%	0.31%
APD	Air Products & Chemicals, Inc. Basic Materials	Added	1,172	+283	$326,085	+25.1%	0.30%
QQQ	Invesco Qqq Trust, Series 1	Reduced	436	-43	$322,539	−8.6%	0.29%
CSX	Csx Corp Industrials	Held	6,703	0	$311,756	−2.1%	0.28%
CAVA	Cava Group, Inc. Consumer Cyclical	Added	5,753	+55	$311,237	−30.4%	0.28%
HONA	Honeywell Aerospace Inc. Industrials	NEW	1,955	NEW	$302,966	NEW	0.28%
LEN	Lennar Corp /New/ Consumer Cyclical	NEW	3,010	NEW	$245,585	NEW	0.22%
MU	Micron Technology Inc Technology	Held	225	0	$239,649	−7.7%	0.22%
V	Visa Inc. Financial Services	Reduced	652	-2	$234,283	+4.4%	0.21%
DKNG	DraftKings Inc. Consumer Cyclical	Reduced	11,255	-4,196	$213,845	−45.2%	0.19%
PEG	Public Service Enterprise Group Inc Utilities	Held	2,997	0	$201,817	−17.0%	0.18%
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	Added	698,644	+20,874	$0	−100.0%	0.00%

Showing the top 50 of 54 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.