INTERCAPITAL, LLC
CIK 2108411 · View on SEC EDGAR ↗
- Portfolio value
- $299.4M
- Positions
- 108
- As of
- March 31, 2026 Data as of Q1 2026
#4,769 of 8,643 by 13F value · top 55.2%
Portfolio value QoQ: +5.4% 13F does not disclose cash
- Top 10 holdings weight
- 43.55%
- Top 25 holdings weight
- 68.76%
- Positions above 1%
- 24
- Effective number of positions
- 31.7
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 42.52% Est. buys $220,000,054 · sells $148,794,853
- New positions
- 61
- Increased
- 27
- Decreased
- 28
- Closed
- 37
Put-notional exposure: 12.7% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
33.9%
Retail
21.2%
Communication Services
8.2%
Financial Services
8.2%
Consumer Discretionary
6.4%
Industrials
4.5%
Real Estate
3.4%
Consumer Staples
2.5%
Utilities
1.2%
Energy
1.1%
Healthcare
0.8%
Diversified Consumer Services
0.6%
Financials
0.5%
Communications
0.4%
Consumer products
0.1%
Other/Unmapped
7.1%
Full portfolio 121 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| AMZN Amazon.com, Inc. - Common Stock | $46,452,466 | 11.60% | 194,900 | Call option | |||
| MSFT Microsoft Corporation - Common Stock | $19,990,142 | 4.99% | 53,590 | $8,921,319 | Up ×2 | ||
| NVDA NVIDIA Corporation - Common Stock | $16,907,605 | 4.22% | 84,500 | Call option | Up ×1 | ||
| RDDT Reddit, Inc. Class A Common Stock | $15,448,620 | 3.86% | 89,000 | $2,185,595 | Down ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $15,253,760 | 3.81% | 64,000 | $2,965,830 | Up ×1 | ||
| CRDO Credo Technology Group Holding Ltd - Ordinary Shares | $15,093,225 | 3.77% | 55,500 | $13,195,080 | Up ×1 | ||
| AFRM Affirm Holdings, Inc. - Class A Common Stock | $12,768,120 | 3.19% | 156,568 | $2,075,198 | Down ×1 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $11,557,194 | 2.89% | 24,200 | $6,521,739 | Up ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $10,539,225 | 2.63% | 27,900 | $4,813,290 | Up ×2 | ||
| SPY SPY | $10,454,780 | 2.61% | 14,000 | Put option | $9,024,032 | Up ×1 | |
| COMP Compass, Inc. Class A Common Stock | $10,175,024 | 2.54% | 825,225 | $3,826,567 | Down ×2 | ||
| DAVE Dave Inc. - Class A Common Stock | $9,687,340 | 2.42% | 26,000 | $2,830,631 | Down ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $9,685,557 | 2.42% | 48,406 | $7,505,557 | Up ×2 | ||
| TLT iShares 20+ Year Treasury Bond ETF | $9,506,200 | 2.37% | 110,000 | Call option | $3,437,900 | Up ×1 | |
| DELL Dell Technologies Inc. Class C Common Stock | $8,413,470 | 2.10% | 19,500 | Up ×1 | |||
| MSFT Microsoft Corporation - Common Stock | $8,019,930 | 2.00% | 21,500 | Call option | $-29,737,410 | Down ×1 | |
| SE Sea Limited American Depositary Shares, each representing one Class A Ordinary Share | $6,774,606 | 1.69% | 70,694 | $1,001,672 | Up ×2 | ||
| BA Boeing Company (The) Common Stock | $6,277,630 | 1.57% | 29,000 | $-1,086,480 | Down ×2 | ||
| MELI MercadoLibre, Inc. - Common Stock | $5,227,961 | 1.31% | 3,080 | $-4,713,904 | Down ×1 | ||
| FIG Figma, Inc. Class A Common Stock | $5,223,289 | 1.30% | 288,739 | $3,739,916 | Up ×1 | ||
| KO Coca-Cola Company (The) Common Stock | $5,209,407 | 1.30% | 64,100 | Put option | Up ×1 | ||
| SMH SMH | $4,591,230 | 1.15% | 7,000 | Put option | $757,230 | Down ×2 | |
| CELH Celsius Holdings, Inc. - Common Stock | $4,392,000 | 1.10% | 150,000 | Up ×1 | |||
| SE Sea Limited American Depositary Shares, each representing one Class A Ordinary Share | $4,168,605 | 1.04% | 43,500 | Call option | $2,678,025 | Up ×1 | |
| CRWV CoreWeave, Inc. - Class A Common Stock | $3,633,210 | 0.91% | 36,500 | Up ×1 | |||
| TSLA Tesla, Inc. - Common Stock | $3,575,100 | 0.89% | 8,500 | Put option | $601,100 | Up ×1 | |
| GOOG Alphabet Inc. - Class C Capital Stock | $3,533,300 | 0.88% | 10,000 | Put option | Up ×1 | ||
| BA Boeing Company (The) Common Stock | $3,485,167 | 0.87% | 16,100 | Call option | $3,087,107 | Up ×1 | |
| CRWV CoreWeave, Inc. - Class A Common Stock | $3,185,280 | 0.80% | 32,000 | Call option | Up ×1 | ||
| BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share | $3,167,340 | 0.79% | 33,000 | Call option | Up ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $2,945,600 | 0.74% | 4,000 | Put option | Up ×1 | ||
| NFLX Netflix, Inc. - Common Stock | $2,927,400 | 0.73% | 41,000 | Call option | Up ×1 | ||
| CRK Comstock Resources, Inc. Common Stock | $2,715,440 | 0.68% | 182,000 | Up ×1 | |||
| FIG Figma, Inc. Class A Common Stock | $2,568,780 | 0.64% | 142,000 | Call option | Up ×1 | ||
| TTWO Take-Two Interactive Software, Inc. - Common Stock | $2,499,800 | 0.62% | 10,000 | Call option | Up ×1 | ||
| RKT Rocket Companies, Inc. Class A Common Stock | $2,438,730 | 0.61% | 154,840 | $1,895,164 | Up ×1 | ||
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | $2,351,537 | 0.59% | 20,595 | $145,798 | Up ×2 | ||
| WYNN Wynn Resorts, Limited - Common Stock | $2,330,160 | 0.58% | 24,000 | ||||
| MU Micron Technology, Inc. - Common Stock | $2,308,580 | 0.58% | 2,000 | $788,300 | Down ×2 | ||
| NFLX Netflix, Inc. - Common Stock | $2,284,800 | 0.57% | 32,000 | ||||
| ONON On Holding AG Class A Ordinary Shares | $2,284,590 | 0.57% | 64,500 | $1,315,020 | Up ×1 | ||
| TTWO Take-Two Interactive Software, Inc. - Common Stock | $2,274,818 | 0.57% | 9,100 | Up ×1 | |||
| ORCL Oracle Corporation Common Stock | $2,271,525 | 0.57% | 15,500 | Put option | $-4,421,980 | Down ×1 | |
| LPLA LPL Financial Holdings Inc. - Common Stock | $2,253,440 | 0.56% | 8,000 | $-153,200 | |||
| LULU lululemon athletica inc. - Common Stock | $2,226,510 | 0.56% | 19,500 | Call option | $-4,816,090 | Down ×1 | |
| AMD Advanced Micro Devices, Inc. - Common Stock | $2,207,458 | 0.55% | 3,800 | Up ×1 | |||
| XSD | $2,182,950 | 0.54% | 3,500 | Put option | Up ×1 | ||
| DUOL Duolingo, Inc. - Class A Common Stock | $2,070,360 | 0.52% | 18,000 | $-3,843,840 | Down ×1 | ||
| VST Vistra Corp. Common Stock | $2,046,327 | 0.51% | 12,900 | Up ×1 | |||
| OUST Ouster, Inc. - Common Stock | $2,000,640 | 0.50% | 32,000 | Up ×1 | |||
| JPM JP Morgan Chase & Co. Common Stock | $1,963,980 | 0.49% | 6,000 | $-389,300 | Down ×1 | ||
| NKE Nike, Inc. Common Stock | $1,929,350 | 0.48% | 47,000 | Put option | $-716,932 | Down ×1 | |
| CRWD CrowdStrike Holdings, Inc. - Class A Common Stock | $1,907,850 | 0.48% | 2,500 | Put option | Up ×1 | ||
| APP Applovin Corporation - Class A Common Stock | $1,803,305 | 0.45% | 3,500 | $609,305 | Up ×2 | ||
| BROS Dutch Bros Inc. Class A Common Stock | $1,795,250 | 0.45% | 25,000 | $582,196 | Up ×1 | ||
| WMT Walmart Inc. - Common Stock | $1,755,530 | 0.44% | 15,500 | Put option | $1,506,970 | Up ×1 | |
| AFRM Affirm Holdings, Inc. - Class A Common Stock | $1,712,550 | 0.43% | 21,000 | Call option | $-2,278,372 | Down ×1 | |
| META Meta Platforms, Inc. - Class A Common Stock | $1,689,870 | 0.42% | 3,000 | Put option | Up ×1 | ||
| CAT Caterpillar, Inc. Common Stock | $1,597,350 | 0.40% | 1,500 | Put option | Up ×1 | ||
| RTX RTX Corporation Common Stock | $1,527,327 | 0.38% | 8,050 | $273,477 | Up ×1 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $1,526,980 | 0.38% | 13,000 | Put option | Up ×1 | ||
| Z Zillow Group, Inc. - Class C Capital Stock | $1,512,960 | 0.38% | 48,000 | ||||
| MCD McDonald's Corporation Common Stock | $1,486,705 | 0.37% | 5,500 | Call option | Up ×1 | ||
| KWEB | $1,468,200 | 0.37% | 60,000 | Up ×1 | |||
| BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share | $1,439,700 | 0.36% | 15,000 | $59,640 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $1,429,480 | 0.36% | 4,000 | Put option | Up ×1 | ||
| EXC Exelon Corporation - Common Stock | $1,398,600 | 0.35% | 30,000 | Up ×1 | |||
| CRCL Circle Internet Group, Inc. Class A Common Stock | $1,252,600 | 0.31% | 20,000 | $-4,204,852 | Down ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $1,246,575 | 0.31% | 3,300 | Call option | $472,800 | Up ×1 | |
| CEG Constellation Energy Corporation - Common Stock When-Issued | $1,241,850 | 0.31% | 5,000 | Up ×1 | |||
| KKR KKR & Co. Inc. Common Stock | $1,138,072 | 0.28% | 12,400 | Put option | $-748,928 | Down ×1 | |
| HIMS Hims & Hers Health, Inc. Class A Common Stock | $1,109,752 | 0.28% | 32,009 | $-2,180,895 | Down ×1 | ||
| RIVN Rivian Automotive, Inc. - Class A Common Stock | $1,093,050 | 0.27% | 63,000 | Call option | $-1,269,800 | Down ×2 | |
| WDC Western Digital Corporation - Common Stock | $1,053,888 | 0.26% | 1,650 | $-163,317 | Down ×2 | ||
| HSAI Hesai Group - American Depositary Share, each ADS represents one Class B ordinary share | $996,816 | 0.25% | 54,710 | Up ×1 | |||
| WYNN Wynn Resorts, Limited - Common Stock | $970,900 | 0.24% | 10,000 | Call option | Up ×1 | ||
| RDDT Reddit, Inc. Class A Common Stock | $954,690 | 0.24% | 5,500 | Call option | $685,390 | Up ×1 | |
| BX Blackstone Inc. Common Stock | $941,360 | 0.23% | 8,000 | Up ×1 | |||
| MSFU Direxion Daily MSFT Bull 2X Shares | $883,600 | 0.22% | 40,000 | Call option | Up ×1 | ||
| OUST Ouster, Inc. - Common Stock | $875,280 | 0.22% | 14,000 | Call option | Up ×1 | ||
| HSAI Hesai Group - American Depositary Share, each ADS represents one Class B ordinary share | $819,900 | 0.20% | 45,000 | Call option | Up ×1 | ||
| COMP Compass, Inc. Class A Common Stock | $801,450 | 0.20% | 65,000 | Call option | $618,700 | Up ×1 | |
| PDD PDD Holdings Inc. - American Depositary Shares | $762,800 | 0.19% | 10,000 | $-136,384 | Up ×1 | ||
| VG Venture Global, Inc. Class A common stock | $750,952 | 0.19% | 67,471 | $-1,179,522 | Down ×1 | ||
| MRNA Moderna, Inc. - Common Stock | $735,315 | 0.18% | 10,500 | Call option | $532,115 | Up ×1 | |
| Z Zillow Group, Inc. - Class C Capital Stock | $724,960 | 0.18% | 23,000 | Call option | |||
| NVO Novo Nordisk A/S Common Stock | $719,100 | 0.18% | 15,000 | Call option | Up ×1 | ||
| PTON Peloton Interactive, Inc. - Common Stock | $709,200 | 0.18% | 120,000 | $194,400 | |||
| RKT Rocket Companies, Inc. Class A Common Stock | $708,750 | 0.18% | 45,000 | Call option | Up ×1 | ||
| NOW ServiceNow, Inc. Common Stock | $694,960 | 0.17% | 7,000 | Up ×1 | |||
| VG Venture Global, Inc. Class A common stock | $645,540 | 0.16% | 58,000 | Call option | $330,340 | Up ×1 | |
| SMCI Super Micro Computer, Inc. - Common Stock | $586,600 | 0.15% | 20,000 | Put option | Up ×1 | ||
| MSTR Strategy Inc - Class A Common Stock | $582,431 | 0.15% | 6,700 | Put option | Up ×1 | ||
| BE Bloom Energy Corporation Class A Common Stock | $575,735 | 0.14% | 1,902 | $318,033 | |||
| HOOD Robinhood Markets, Inc. - Class A Common Stock | $501,400 | 0.13% | 5,000 | Put option | Up ×1 | ||
| HXL Hexcel Corporation Common Stock | $500,300 | 0.12% | 5,000 | $95,650 | |||
| FXI | $478,589 | 0.12% | 15,150 | $-496,096 | Down ×2 | ||
| HII Huntington Ingalls Industries, Inc. Common Stock | $475,813 | 0.12% | 1,700 | Up ×1 | |||
| RGR Sturm, Ruger & Company, Inc. Common Stock | $457,985 | 0.11% | 12,100 | $-343,815 | Down ×1 | ||
| CELH Celsius Holdings, Inc. - Common Stock | $439,200 | 0.11% | 15,000 | Call option | Up ×1 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| AMZN | $46,452,466 | 194,900 | 11.60% |
| NVDA | $16,907,605 | 84,500 | 4.22% |
| DELL | $8,413,470 | 19,500 | 2.10% |
| KO | $5,209,407 | 64,100 | 1.30% |
| CELH | $4,392,000 | 150,000 | 1.10% |
| CRWV | $3,633,210 | 36,500 | 0.91% |
| GOOG | $3,533,300 | 10,000 | 0.88% |
| CRWV | $3,185,280 | 32,000 | 0.80% |
| BABA | $3,167,340 | 33,000 | 0.79% |
| QQQ | $2,945,600 | 4,000 | 0.74% |
| NFLX | $2,927,400 | 41,000 | 0.73% |
| CRK | $2,715,440 | 182,000 | 0.68% |
| FIG | $2,568,780 | 142,000 | 0.64% |
| TTWO | $2,499,800 | 10,000 | 0.62% |
| WYNN | $2,330,160 | 24,000 | 0.58% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| MSFT | Trimmed | -80K | -$29.7M |
| MSFT | Bought more | +24K | +$8.9M |
| NVDA | Bought more | +36K | +$7.5M |
| TSM | Bought more | +9K | +$6.5M |
| LULU | Trimmed | -26K | -$4.8M |
| AVGO | Bought more | +9K | +$4.8M |
| MELI | Trimmed | -3K | -$4.7M |
| ORCL | Trimmed | -30K | -$4.4M |
| CRCL | Trimmed | -37K | -$4.2M |
| DUOL | Trimmed | -42K | -$3.8M |
3 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| XLE | June 30, 2026 | 170,000 | $10,414,200 | No longer tracked |
| ARKB | March 31, 2026 | 160,000 | $4,646,400 | No longer tracked |
| WIX | June 30, 2026 | 51,575 | $4,645,360 | 66.6% |
| Z | March 31, 2026 | 41,600 | $2,837,952 | -16.2% |
| HYG | June 30, 2026 | 35,000 | $2,784,600 | No longer tracked |
| FBTC | June 30, 2026 | 47,000 | $2,774,410 | No longer tracked |
| WYNN | March 31, 2026 | 21,920 | $2,637,634 | 1.7% |
| SNDK | June 30, 2026 | 4,000 | $2,541,360 | -25.8% |
| OXY | June 30, 2026 | 38,000 | $2,470,000 | 22.4% |
| V | June 30, 2026 | 7,000 | $2,115,680 | 6.0% |
| VITL | March 31, 2026 | 62,500 | $1,996,250 | -21.5% |
| CQQQ | March 31, 2026 | 38,000 | $1,976,000 | No longer tracked |
| DKNG | March 31, 2026 | 55,000 | $1,895,850 | 16.3% |
| CART | March 31, 2026 | 36,320 | $1,633,674 | 33.1% |
| FLUT | June 30, 2026 | 15,372 | $1,567,175 | -7.1% |
| LITE | June 30, 2026 | 2,100 | $1,475,796 | 6.5% |
| IGV | June 30, 2026 | 18,000 | $1,440,900 | No longer tracked |
| NCLH | March 31, 2026 | 62,155 | $1,387,300 | -4.0% |
| TTD | March 31, 2026 | 35,000 | $1,328,600 | -39.6% |
| LYFT | March 31, 2026 | 63,721 | $1,234,276 | 31.2% |
| PONY | March 31, 2026 | 76,400 | $1,107,800 | -19.0% |
| BIDU | June 30, 2026 | 9,000 | $1,002,780 | -16.8% |
| LAZ | March 31, 2026 | 20,500 | $995,480 | 1.6% |
| XPEV | June 30, 2026 | 57,700 | $987,247 | -10.5% |
| IBKR | June 30, 2026 | 13,000 | $871,910 | 4.9% |
| APA | June 30, 2026 | 20,000 | $848,800 | 27.9% |
| CAVA | March 31, 2026 | 14,000 | $821,240 | -14.3% |
| TDG | June 30, 2026 | 700 | $811,272 | -7.2% |
| CNC | March 31, 2026 | 19,500 | $802,425 | 100.4% |
| FSLR | June 30, 2026 | 4,000 | $789,040 | -7.3% |
| TER | March 31, 2026 | 3,800 | $735,528 | 38.7% |
| FCX | June 30, 2026 | 12,000 | $705,360 | 6.5% |
| NFLX | March 31, 2026 | 7,520 | $705,075 | -19.1% |
| NU | March 31, 2026 | 41,401 | $693,053 | 3.3% |
| WDAY | March 31, 2026 | 3,218 | $691,162 | 50.0% |
| LTH | June 30, 2026 | 25,000 | $673,500 | 11.4% |
| PFE | March 31, 2026 | 25,000 | $622,500 | -2.6% |
| DOCU | June 30, 2026 | 13,000 | $616,330 | 38.8% |
| BMNR | June 30, 2026 | 30,000 | $593,400 | 38.4% |
| PLTR | June 30, 2026 | 4,000 | $585,120 | 49.3% |
| SNAP | June 30, 2026 | 122,000 | $561,200 | 18.2% |
| AVGX | June 30, 2026 | 15,014 | $525,340 | |
| EDV | June 30, 2026 | 8,000 | $519,600 | No longer tracked |
| S | June 30, 2026 | 40,000 | $515,200 | 30.8% |
| IWM | June 30, 2026 | 2,000 | $496,000 | No longer tracked |
| PYPL | March 31, 2026 | 8,098 | $472,761 | 35.5% |
| COHR | June 30, 2026 | 1,900 | $452,599 | -20.4% |
| SMCI | March 31, 2026 | 15,000 | $439,050 | 63.3% |
| GNRC | March 31, 2026 | 3,025 | $412,519 | 9.8% |
| DAL | June 30, 2026 | 6,000 | $398,880 | -7.5% |
| CPNG | June 30, 2026 | 20,833 | $393,327 | -8.9% |
| CRM | June 30, 2026 | 2,000 | $373,340 | 25.8% |
| TGT | June 30, 2026 | 3,000 | $363,600 | 17.1% |
| UPST | June 30, 2026 | 14,000 | $359,100 | -17.5% |
| SBUX | June 30, 2026 | 4,000 | $358,360 | 5.0% |
| GS | March 31, 2026 | 380 | $334,020 | 22.6% |
| CRON | March 31, 2026 | 125,000 | $328,750 | 25.9% |
| BOEU | March 31, 2026 | 8,000 | $306,254 | |
| NVO | March 31, 2026 | 6,000 | $305,280 | 24.4% |
| EVR | June 30, 2026 | 1,000 | $298,510 | -12.4% |
| UWM | June 30, 2026 | 6,000 | $280,020 | No longer tracked |
| SOC | June 30, 2026 | 10,000 | $165,200 | 26.0% |
| JOBY | June 30, 2026 | 10,100 | $83,426 | -14.0% |