INTERCAPITAL, LLC

CIK

2108411

Location

AUSTIN, TX

Portfolio Value

Small $270,240,538

Diversification

Diversified

Filing Date

Global Rank

#3,421 / 8,638 ▲ 238 · as of Mar 2026

Top Industry

Software - Infrastructure 23.0%

3Y Alpha vs SPY

+24.2%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

2 quarters · since Dec 2025

Clone Performance

Feb 2026–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

+19.6%

SPY

+13.3%

Annualised alpha

+15.5%

Max drawdown

−14.7%

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. It tracks 67% of reported value on average across 2 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

18.1%

+5.7 pts

Top 5

40.6%

−8.2 pts

Top 10

57.0%

−7.4 pts

HHI

567

Diversified−30

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	41.5%	$112,060,404	22
Consumer Cyclical	26.3%	$71,052,337	17
Financial Services	12.6%	$33,933,061	14
Communication Services	6.1%	$16,576,370	5
Industrials	4.4%	$11,773,749	8
Real Estate	3.6%	$9,822,489	2
Energy	2.1%	$5,729,673	4
Unclassified	1.6%	$4,205,158	2
Healthcare	1.4%	$3,769,777	3
Basic Materials	0.3%	$705,360	1
Consumer Defensive	0.2%	$612,160	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
MSFT	Microsoft Corp	+127,702	131,902	$48,826,163
LULU	lululemon athletica inc.	+122,800	133,000	$20,362,300
AFRM	Affirm Holdings, Inc.	+122,206	320,468	$14,683,843
RDDT	Reddit, Inc.	+99,000	100,500	$13,532,325
SNAP	Snap Inc	+72,000	122,000	$561,200
SE	Sea Ltd	+50,300	87,713	$7,263,513
NKE	NIKE, Inc.	+36,100	50,100	$2,646,282
XPEV	Xpeng Inc.	+32,700	57,700	$987,247
ORCL	Oracle Corp	+20,500	45,500	$6,693,505
AVGO	Broadcom Inc.	+19,000	21,000	$6,499,710
SHOP	Shopify Inc.	+9,000	18,595	$2,205,738
AAPL	Apple Inc.	+8,300	10,700	$2,715,553
MELI	Mercadolibre Inc	+5,324	6,250	$10,806,375
APP	AppLovin Corp	+1,500	3,000	$1,194,000
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
RIVN	Rivian Automotive, Inc. / DE	−1,180,240	382,436	$5,755,661
COMP	Compass, Inc.	−1,018,400	893,462	$6,531,207
PTON	Peloton Interactive, Inc.	−220,000	120,000	$514,800
CPNG	Coupang, Inc.	−102,900	20,833	$393,327
BA	Boeing Co	−97,800	39,000	$7,762,170
TGT	Target Corp	−59,700	3,000	$363,600
AMZN	Amazon Com Inc	−52,058	59,000	$12,287,930
MU	Micron Technology Inc	−48,000	4,500	$1,520,280
DAL	Delta Air Lines, Inc.	−31,000	6,000	$398,880
PLD	Prologis, Inc.	−25,450	24,900	$3,291,282
HXL	Hexcel Corp /De/	−20,000	5,000	$404,650
MRNA	Moderna, Inc.	−16,000	4,000	$203,200
FSLR	First Solar, Inc.	−15,565	4,000	$789,040
WMT	Walmart Inc.	−13,000	2,000	$248,560
COHR	Coherent Corp.	−9,100	1,900	$452,599
BABA	Alibaba Group Holding Ltd	−8,000	11,000	$1,380,060
IBKR	Interactive Brokers Group, Inc.	−6,000	13,000	$871,910
WDC	Western Digital Corp	−5,500	9,500	$2,569,655
NVDA	Nvidia Corp	−5,225	12,500	$2,180,000
BIDU	Baidu, Inc.	−4,500	9,000	$1,002,780
WIX	Wix.com Ltd.	−4,200	51,575	$4,645,360
BE	Bloom Energy Corp	−4,000	1,902	$257,701
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−3,925	14,900	$5,035,455
PDD	PDD Holdings Inc.	−3,100	8,800	$899,184
EVR	Evercore Inc.	−1,850	1,000	$298,510
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
DUOL	Duolingo, Inc.	117,500	$11,581,975
DAVE	Dave Inc./DE	39,386	$6,856,708
CRCL	Circle Internet Group, Inc.	60,200	$5,743,682
HIMS	Hims & Hers Health, Inc.	158,509	$3,290,646
TSLA	Tesla, Inc.	8,000	$2,974,000
FBTC	Fidelity Wise Origin Bitcoin Fund	47,000	$2,774,410
SNDK	Sandisk Corp	4,000	$2,541,360
OXY	Occidental Petroleum Corp /De/	38,000	$2,470,000
LPLA	LPL Financial Holdings Inc.	8,000	$2,406,640
JPM	Jpmorgan Chase & Co	8,000	$2,353,280
VG	Venture Global, Inc.	142,492	$2,245,673
V	Visa Inc.	7,000	$2,115,680
CRDO	Credo Technology Group Holding Ltd	20,221	$1,898,145
KKR	KKR & Co. Inc.	20,400	$1,887,000
FLUT	Flutter Entertainment plc	15,372	$1,567,175
FIG	Figma, Inc.	70,169	$1,483,372
LITE	Lumentum Holdings Inc.	2,100	$1,475,796
SPY	Spdr S&P 500 ETF Trust	2,200	$1,430,748
RTX	RTX Corp	6,500	$1,253,850
HOOD	Robinhood Markets, Inc.	16,000	$1,108,800
APA	APA Corp	20,000	$848,800
TDG	TransDigm Group INC	700	$811,272
RGR	Sturm Ruger & Co Inc	20,000	$801,800
FCX	Freeport-Mcmoran Inc	12,000	$705,360
LTH	Life Time Group Holdings, Inc.	25,000	$673,500
No positions match the current search.

Sold Out

Positions the filer fully exited

24 positions

Ticker	Company	Shares	Value
ARKB	Ark 21Shares Bitcoin ETF	160,000	$4,646,400
ZG	Zillow Group, Inc.	41,600	$2,837,952
WYNN	Wynn Resorts Ltd	21,920	$2,637,633
VITL	Vital Farms, Inc.	62,500	$1,996,250
DKNG	DraftKings Inc.	55,000	$1,895,300
CART	Maplebear Inc.	36,320	$1,633,673
NCLH	Norwegian Cruise Line Holdings Ltd.	62,155	$1,387,299
TTD	Trade Desk, Inc.	35,000	$1,328,600
LYFT	Lyft, Inc.	63,721	$1,234,275
PONY	Pony AI Inc.	76,400	$1,107,800
LAZ	Lazard, Inc.	20,500	$995,480
CAVA	Cava Group, Inc.	14,000	$821,660
CNC	Centene Corp	19,500	$802,425
TER	Teradyne, Inc	3,800	$735,528
NFLX	Netflix Inc	7,520	$705,075
NU	Nu Holdings Ltd.	41,401	$693,052
WDAY	Workday, Inc.	3,218	$691,162
PFE	Pfizer Inc	25,000	$622,500
PYPL	PayPal Holdings, Inc.	8,098	$472,761
SMCI	Super Micro Computer, Inc.	15,000	$439,050
GNRC	Generac Holdings Inc.	3,025	$412,519
GS	Goldman Sachs Group Inc	380	$334,020
CRON	Cronos Group Inc.	125,000	$328,750
NVO	Novo Nordisk A S	6,000	$305,280
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

80 tracked positions · $270,240,538 total · filing declares 108 positions · $299,372,646 · as of Mar 31, 2026

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

Showing 1–50 of 80 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp CALL + SHARES Technology	Added	131,902	+127,702	$48,826,163	+2303.8%	18.07%
LULU	lululemon athletica inc. CALL + SHARES Consumer Cyclical	Added	133,000	+122,800	$20,362,300	+860.6%	7.53%
AFRM	Affirm Holdings, Inc. CALL + SHARES Financial Services	Added	320,468	+122,206	$14,683,843	−0.5%	5.43%
RDDT	Reddit, Inc. CALL + SHARES Communication Services	Added	100,500	+99,000	$13,532,325	+3824.6%	5.01%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	59,000	-52,058	$12,287,930	−52.1%	4.55%
DUOL	Duolingo, Inc. CALL + SHARES Technology	NEW	117,500	NEW	$11,581,975	NEW	4.29%
MELI	Mercadolibre Inc CALL + SHARES Consumer Cyclical	Added	6,250	+5,324	$10,806,375	+479.4%	4.00%
BA	Boeing Co CALL + SHARES Industrials	Reduced	39,000	-97,800	$7,762,170	−73.9%	2.87%
SE	Sea Ltd CALL + SHARES Consumer Cyclical	Added	87,713	+50,300	$7,263,513	+52.2%	2.69%
DAVE	Dave Inc./DE Technology	NEW	39,386	NEW	$6,856,708	NEW	2.54%
ORCL	Oracle Corp PUT Technology	Added	45,500	+20,500	$6,693,505	+37.4%	2.48%
COMP	Compass, Inc. CALL + SHARES Real Estate	Reduced	893,462	-1,018,400	$6,531,207	−67.7%	2.42%
AVGO	Broadcom Inc. CALL + SHARES Technology	Added	21,000	+19,000	$6,499,710	+839.0%	2.41%
RIVN	Rivian Automotive, Inc. / DE CALL + SHARES Consumer Cyclical	Reduced	382,436	-1,180,240	$5,755,661	−81.3%	2.13%
CRCL	Circle Internet Group, Inc. CALL + SHARES Financial Services	NEW	60,200	NEW	$5,743,682	NEW	2.13%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	14,900	-3,925	$5,035,455	−12.0%	1.86%
WIX	Wix.com Ltd. CALL + SHARES Technology	Reduced	51,575	-4,200	$4,645,360	−19.8%	1.72%
PLD	Prologis, Inc. Real Estate	Reduced	24,900	-25,450	$3,291,282	−48.8%	1.22%
HIMS	Hims & Hers Health, Inc. Healthcare	NEW	158,509	NEW	$3,290,646	NEW	1.22%
TSLA	Tesla, Inc. PUT Consumer Cyclical	NEW	8,000	NEW	$2,974,000	NEW	1.10%
FBTC	Fidelity Wise Origin Bitcoin Fund	NEW	47,000	NEW	$2,774,410	NEW	1.03%
AAPL	Apple Inc. Technology	Added	10,700	+8,300	$2,715,553	+316.2%	1.00%
NKE	NIKE, Inc. PUT Consumer Cyclical	Added	50,100	+36,100	$2,646,282	+196.7%	0.98%
WDC	Western Digital Corp PUT + SHARES Technology	Reduced	9,500	-5,500	$2,569,655	−0.6%	0.95%
SNDK	Sandisk Corp PUT Technology	NEW	4,000	NEW	$2,541,360	NEW	0.94%
OXY	Occidental Petroleum Corp /De/ PUT Energy	NEW	38,000	NEW	$2,470,000	NEW	0.91%
LPLA	LPL Financial Holdings Inc. Financial Services	NEW	8,000	NEW	$2,406,640	NEW	0.89%
JPM	Jpmorgan Chase & Co Financial Services	NEW	8,000	NEW	$2,353,280	NEW	0.87%
VG	Venture Global, Inc. CALL + SHARES Energy	NEW	142,492	NEW	$2,245,673	NEW	0.83%
SHOP	Shopify Inc. Technology	Added	18,595	+9,000	$2,205,738	+42.8%	0.82%
NVDA	Nvidia Corp Technology	Reduced	12,500	-5,225	$2,180,000	−34.1%	0.81%
V	Visa Inc. PUT Financial Services	NEW	7,000	NEW	$2,115,680	NEW	0.78%
CRDO	Credo Technology Group Holding Ltd Technology	NEW	20,221	NEW	$1,898,145	NEW	0.70%
KKR	KKR & Co. Inc. PUT Financial Services	NEW	20,400	NEW	$1,887,000	NEW	0.70%
FLUT	Flutter Entertainment plc CALL + SHARES Consumer Cyclical	NEW	15,372	NEW	$1,567,175	NEW	0.58%
MU	Micron Technology Inc Technology	Reduced	4,500	-48,000	$1,520,280	−89.9%	0.56%
FIG	Figma, Inc. Technology	NEW	70,169	NEW	$1,483,372	NEW	0.55%
LITE	Lumentum Holdings Inc. PUT Technology	NEW	2,100	NEW	$1,475,796	NEW	0.55%
SPY	Spdr S&P 500 ETF Trust PUT	NEW	2,200	NEW	$1,430,748	NEW	0.53%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	11,000	-8,000	$1,380,060	−50.4%	0.51%
RTX	RTX Corp Industrials	NEW	6,500	NEW	$1,253,850	NEW	0.46%
BROS	Dutch Bros Inc. Consumer Cyclical	Held	23,945	0	$1,213,053	−17.2%	0.45%
APP	AppLovin Corp Communication Services	Added	3,000	+1,500	$1,194,000	+18.1%	0.44%
HOOD	Robinhood Markets, Inc. Financial Services	NEW	16,000	NEW	$1,108,800	NEW	0.41%
BIDU	Baidu, Inc. Communication Services	Reduced	9,000	-4,500	$1,002,780	−43.2%	0.37%
XPEV	Xpeng Inc. Consumer Cyclical	Added	57,700	+32,700	$987,247	+94.7%	0.37%
ONON	On Holding AG Consumer Cyclical	Held	28,500	0	$969,570	−26.8%	0.36%
PDD	PDD Holdings Inc. Consumer Cyclical	Reduced	8,800	-3,100	$899,184	−33.4%	0.33%
IBKR	Interactive Brokers Group, Inc. Financial Services	Reduced	13,000	-6,000	$871,910	−28.6%	0.32%
APA	APA Corp PUT Energy	NEW	20,000	NEW	$848,800	NEW	0.31%

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.