Philosophy Capital Management LLC
CIK 1869199 · View on SEC EDGAR ↗
- Portfolio value
- $2.1B
- Positions
- 46
- As of
- June 30, 2026
#1,453 of 9,443 by 13F value · top 15.4%
Portfolio value QoQ: +29.7% 13F does not disclose cash
- Top 10 holdings weight
- 64.98%
- Top 25 holdings weight
- 88.44%
- Positions above 1%
- 26
- Effective number of positions
- 11.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 21.6% Est. buys $547,899,210 · sells $404,630,333
Median holding: 3.0 quarters Tracked Q4 2024–Q2 2026 · 46.5% still held
- New positions
- 13
- Increased
- 16
- Decreased
- 12
- Closed
- 9
Put-notional exposure: 47.5% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- 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.
Performance vs S&P 500
Annualized: +15.6% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 98.9% · Options excluded: 57.2%
Sector breakdown
Real Estate
7.8%
Energy
7.8%
Industrials
7.3%
Financial Services
7.2%
Utilities
4.5%
Communication Services
2.8%
Communications
2.6%
Health Care
2.4%
Technology
2.1%
Telecommunication
1.3%
Consumer products
1.3%
Retail
1.1%
Consumer Discretionary
0.4%
Other/Unmapped
51.4%
Full portfolio 46 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| QQQ Invesco QQQ Trust, Series 1 | $405,020,000 | 19.14% | 5,500 | Put option | $260,725,000 | Up ×1 | |
| IWM | $300,450,000 | 14.20% | 10,000 | Put option | $-83,950,000 | Down ×1 | |
| SPY SPY | $298,708,000 | 14.12% | 4,000 | Put option | $71,089,000 | Up ×1 | |
| COMP Compass, Inc. Class A Common Stock | $82,956,191 | 3.92% | 6,727,996 | $33,429,501 | Down ×1 | ||
| GLNG Golar LNG Limited - Common Shares | $50,747,038 | 2.40% | 1,018,199 | $-3,362,962 | Up ×1 | ||
| CXW CoreCivic, Inc. Common Stock | $50,043,911 | 2.36% | 1,647,265 | $9,214,611 | Down ×1 | ||
| GLXY Galaxy Digital Inc. - Class A common stock | $48,690,544 | 2.30% | 1,780,927 | $36,617,251 | Up ×2 | ||
| VST Vistra Corp. Common Stock | $48,286,972 | 2.28% | 304,400 | $11,546,320 | Up ×2 | ||
| ET Energy Transfer LP Common Units | $46,279,731 | 2.19% | 2,420,488 | $2,508,721 | Up ×1 | ||
| SBLK Star Bulk Carriers Corp. - Common Shares | $43,764,070 | 2.07% | 1,752,666 | $708,689 | Down ×1 | ||
| PUMP ProPetro Holding Corp. Common Stock | $42,508,750 | 2.01% | 2,964,348 | $9,602,463 | Up ×1 | ||
| HPP Hudson Pacific Properties, Inc. Common Stock | $41,992,056 | 1.98% | 2,764,454 | $21,035,367 | Down ×1 | ||
| NOK Nokia Corporation Sponsored American Depositary Shares | $41,832,000 | 1.98% | 3,150,000 | $21,732,000 | Up ×1 | ||
| CPAY Corpay, Inc. Common Stock | $37,685,838 | 1.78% | 113,079 | $2,927,373 | Down ×1 | ||
| TDAY USA TODAY Co., Inc. Common Stock | $36,765,000 | 1.74% | 4,300,000 | $6,450,000 | |||
| RKT Rocket Companies, Inc. Class A Common Stock | $34,999,965 | 1.65% | 2,222,220 | $6,499,965 | Up ×3 | ||
| GEO Geo Group Inc (The) REIT | $33,168,102 | 1.57% | 1,122,440 | $4,243,707 | Down ×1 | ||
| TOST Toast, Inc. Class A Common Stock | $31,993,000 | 1.51% | 1,150,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 65441V200) | $30,934,957 | 1.46% | 2,377,783 | $10,015,707 | Down ×1 | ||
| GDS GDS Holdings Limited - American Depositary Shares | $30,590,300 | 1.45% | 1,018,658 | $7,114,848 | Up ×2 | ||
| XLE XLE | $29,210,500 | 1.38% | 5,500 | Call option | Up ×1 | ||
| KYIV Kyivstar Group Ltd. - Common Shares | $28,247,195 | 1.33% | 1,746,889 | $11,527,488 | Up ×1 | ||
| BRBR BellRing Brands, Inc. Common Stock | $27,183,394 | 1.28% | 2,100,726 | $9,143,012 | Up ×1 | ||
| TLN Talen Energy Corporation - Common Stock | $24,976,900 | 1.18% | 65,000 | $3,168,703 | Down ×1 | ||
| KRC Kilroy Realty Corporation Common Stock | $24,428,454 | 1.15% | 651,947 | $3,270,954 | Down ×2 | ||
| PCG Pacific Gas & Electric Co. Common Stock | $22,582,061 | 1.07% | 1,342,572 | $468,406 | Up ×1 | ||
| HIMS Hims & Hers Health, Inc. Class A Common Stock | $19,789,705 | 0.94% | 570,802 | $12,523,705 | Up ×1 | ||
| HCA HCA Healthcare, Inc. Common Stock | $19,494,500 | 0.92% | 50,000 | Up ×1 | |||
| CWH Camping World Holdings, Inc. Class A Common Stock | $18,354,003 | 0.87% | 2,405,505 | $193,873 | Down ×1 | ||
| TRMB Trimble Inc. - Common Stock | $18,327,149 | 0.87% | 358,092 | Up ×1 | |||
| ADBE Adobe Inc. - Common Stock | $14,351,400 | 0.68% | 70,000 | Up ×1 | |||
| TALO Talos Energy, Inc. Common Stock | $13,555,500 | 0.64% | 1,050,000 | ||||
| NOK Nokia Corporation Sponsored American Depositary Shares | $13,280,000 | 0.63% | 10,000 | Call option | Up ×1 | ||
| COMP Compass, Inc. Class A Common Stock | $12,473,028 | 0.59% | 10,116 | Call option | $5,078,232 | ||
| Unknown issuer (CUSIP: 401382106) | $12,212,629 | 0.58% | 871,708 | Up ×1 | |||
| AEXA American Exceptionalism Acquisition Corp. A Class A Ordinary Shares | $11,871,618 | 0.56% | 1,004,367 | $994,323 | |||
| MRVI Maravai LifeSciences Holdings, Inc. - Class A common stock | $11,856,000 | 0.56% | 1,900,000 | $4,392,959 | Down ×2 | ||
| BIDU Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share | $11,429,000 | 0.54% | 100,000 | Up ×1 | |||
| VG Venture Global, Inc. Class A common stock | $10,907,400 | 0.52% | 980,000 | Up ×1 | |||
| GRND Grindr Inc. Common Stock | $10,247,247 | 0.48% | 713,100 | Up ×1 | |||
| CXW CoreCivic, Inc. Common Stock | $9,114,000 | 0.43% | 3,000 | Call option | $3,441,000 | ||
| SBET Sharplink, Inc. - Common Stock | $7,842,806 | 0.37% | 1,633,918 | $-2,050,965 | Up ×3 | ||
| CWH Camping World Holdings, Inc. Class A Common Stock | $4,136,223 | 0.20% | 5,421 | Call option | $1,510,088 | Up ×1 | |
| HPP Hudson Pacific Properties, Inc. Common Stock | $2,205,805 | 0.10% | 10,165 | Call option | $1,347,589 | ||
| NN NextNav Inc. - Common stock | $413,656 | 0.02% | 232 | Call option | Up ×1 | ||
| GEO Geo Group Inc (The) REIT | $132,975 | 0.01% | 45 | Call option | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| TOST | $31,993,000 | 1,150,000 | 1.51% |
| XLE | $29,210,500 | 5,500 | 1.38% |
| HCA | $19,494,500 | 50,000 | 0.92% |
| TRMB | $18,327,149 | 358,092 | 0.87% |
| ADBE | $14,351,400 | 70,000 | 0.68% |
| TALO | $13,555,500 | 1,050,000 | 0.64% |
| NOK | $13,280,000 | 10,000 | 0.63% |
| Unknown issuer (CUSIP: 401382106) | $12,212,629 | 871,708 | 0.58% |
| BIDU | $11,429,000 | 100,000 | 0.54% |
| VG | $10,907,400 | 980,000 | 0.52% |
| GRND | $10,247,247 | 713,100 | 0.48% |
| NN | $413,656 | 232 | 0.02% |
| GEO | $132,975 | 45 | 0.01% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| QQQ | Bought more | +3K | +$260.7M |
| IWM | Trimmed | -6K | -$84.0M |
| SPY | Bought more | +500 | +$71.1M |
| GLXY | Bought more | +1.1M | +$36.6M |
| COMP | Trimmed | -47K | +$33.4M |
| NOK | Bought more | +650K | +$21.7M |
| HPP | Trimmed | -782K | +$21.0M |
| HIMS | Bought more | +221K | +$12.5M |
| VST | Bought more | +60K | +$11.5M |
| KYIV | Bought more | +95K | +$11.5M |
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 |
|---|---|---|---|---|
| IVZ | March 31, 2025 | 6,150 | $314,406,450 | 112.2% |
| PRGO | March 31, 2025 | 1,513,113 | $42,371,366 | -50.8% |
| MSFT | June 30, 2026 | 90,000 | $33,315,300 | 29.2% |
| ESTC | June 30, 2026 | 635,010 | $31,744,150 | 47.7% |
| TALO | Dec. 31, 2025 | 3,205,077 | $30,736,688 | 60.5% |
| EWZ | March 31, 2026 | 9,152 | $29,075,904 | No longer tracked |
| CZR | March 31, 2026 | 1,100,000 | $25,729,000 | 12.3% |
| SOLV | June 30, 2026 | 356,997 | $23,311,904 | 14.7% |
| MCY | June 30, 2026 | 257,296 | $22,680,642 | -2.1% |
| FLUT | June 30, 2026 | 214,437 | $21,861,852 | -2.3% |
| CMCSA | Dec. 31, 2025 | 665,746 | $20,917,739 | -5.5% |
| AQN | March 31, 2025 | 4,352,404 | $19,368,198 | 13.1% |
| GME | March 31, 2026 | 950,000 | $19,076,000 | -21.3% |
| PRKS | Dec. 31, 2025 | 357,818 | $18,499,191 | 25.2% |
| BGC | Sept. 30, 2025 | 1,802,106 | $18,435,544 | 23.1% |
| WBA | Sept. 30, 2025 | 1,439,645 | $16,527,125 | No longer tracked |
| BABA | June 30, 2025 | 121,840 | $16,110,903 | 7.7% |
| BBIO | March 31, 2026 | 200,019 | $15,299,453 | 11.3% |
| RRX | March 31, 2026 | 106,395 | $14,929,346 | -9.7% |
| MTCH | Dec. 31, 2025 | 420,000 | $14,834,400 | 23.9% |
| PVH | June 30, 2026 | 209,410 | $14,608,442 | 4.8% |
| DK | Sept. 30, 2025 | 650,000 | $13,767,000 | 104.3% |
| DLTR | June 30, 2025 | 166,638 | $12,509,515 | 31.5% |
| ICLR | June 30, 2026 | 111,015 | $12,284,920 | -0.6% |
| EYE | March 31, 2025 | 1,134,970 | $11,826,387 | 43.1% |
| KSPI | Dec. 31, 2025 | 143,704 | $11,737,743 | 33.6% |
| VRNT | June 30, 2025 | 569,623 | $10,167,771 | No longer tracked |
| NFE | Dec. 31, 2025 | 4,404,731 | $9,734,456 | -73.9% |
| MCHB | June 30, 2026 | 582,001 | $8,584,515 | 3.6% |
| NWL | Dec. 31, 2025 | 1,561,835 | $8,184,015 | 56.5% |
| SSNC | Dec. 31, 2025 | 88,501 | $7,855,349 | -5.9% |
| JAKK | Sept. 30, 2025 | 373,859 | $7,768,790 | 35.7% |
| DKL | March 31, 2025 | 180,083 | $7,610,308 | 24.7% |
| VYX | June 30, 2025 | 753,463 | $7,346,264 | -34.8% |
| ARVN | June 30, 2025 | 996,032 | $6,992,145 | 24.0% |
| LDI | Dec. 31, 2025 | 2,269,684 | $6,967,930 | -57.8% |
| OFIX | June 30, 2026 | 558,901 | $6,410,594 | 7.4% |
| TH | March 31, 2026 | 650,364 | $5,209,416 | 91.1% |
| EVH | June 30, 2025 | 521,192 | $4,935,688 | -58.9% |
| SVC | Dec. 31, 2025 | 1,416,173 | $3,837,829 | 334.0% |
| ALIT | Dec. 31, 2025 | 858,968 | $2,800,235 | 590.0% |
| BHC | March 31, 2025 | 2,421 | $1,951,326 | 4.9% |
| EXPI | March 31, 2025 | 1,579 | $1,817,429 | No longer tracked |