X-Square Capital, LLC

Q3 2025 13F-HR Holdings

Location
Guaynabo, PR
Holdings as of
9/30/2025
Date filed
11/10/2025
Form type
13F-HR
Num holdings
162
Total value ($000)
$320,154
Net value change ($000)
+42,094 (15.1%)
New positions
13
Sold out positions
11
Turnover %
8.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/5/2025 Next filing: 2/11/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
HIMS 12,524 106.8%
ASTS 9,282 484.4%
LMND 8,321 269.1%
AMD 5,555 122.9%
CLSK 2,900 NEW
BMA 2,643 691.9%
TECL 2,051 NEW
MU 1,743 37.0%
RR 1,717 NEW
DUOL 1,621 187.4%
Top Reduces (Value $000, Stocks/ETFs)
IREN -6,352 -100.0%
MSTR -4,320 -42.3%
URNM -1,967 -100.0%
APP -1,632 -49.8%
QXO -1,528 -51.7%
FRO -1,274 -100.0%
KMB -1,156 -64.2%
PPLT -1,133 -62.2%
VAL -1,080 -100.0%
XLE -1,016 -54.5%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type