# Philosophy Capital Management LLC: Form 13F holdings

An institutional investment manager in Alamo, CA. SEC CIK 1869199.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $2.12bn
- Positions: 46 (46 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1869199/000093583626000401/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| INVESCO QQQ TR | UNIT SER 1 | $405.0m | 19.1% | 5,500 | Put | Added +3,000 |
| ISHARES TR | RUSSELL 2000 ETF | $300.4m | 14.2% | 10,000 | Put | Reduced −5,500 |
| [STATE STR SPDR S&P 500 ETF T (SPY)](/companies/spy.md) | TR UNIT | $298.7m | 14.1% | 4,000 | Put | Added +500 |
| [COMPASS INC (COMP)](/companies/comp.md) | CL A | $83.0m | 3.9% | 6,727,996 |  | Reduced −47,201 |
| GOLAR LNG LTD | SHS | $50.7m | 2.4% | 1,018,199 |  | Added +18,199 |
| [CORECIVIC INC (CXW)](/companies/cxw.md) | COM | $50.0m | 2.4% | 1,647,265 |  | Reduced −511,873 |
| [GALAXY DIGITAL INC. (GLXY)](/companies/glxy.md) | CL A | $48.7m | 2.3% | 1,780,927 |  | Added +1,126,548 |
| [VISTRA CORP (VST)](/companies/vst.md) | COM | $48.3m | 2.3% | 304,400 |  | Added +60,000 |
| [ENERGY TRANSFER L P (ET)](/companies/et.md) | COM UT LTD PTN | $46.3m | 2.2% | 2,420,488 |  | Added +152,560 |
| STAR BULK CARRIERS CORP. | SHS PAR | $43.8m | 2.1% | 1,752,666 |  | Reduced −121,752 |
| [PROPETRO HLDG CORP (PUMP)](/companies/pump.md) | COM | $42.5m | 2.0% | 2,964,348 |  | Added +680,775 |
| [HUDSON PACIFIC PROPERTIES IN (HPP)](/companies/hpp.md) | COM | $42.0m | 2.0% | 2,764,454 |  | Reduced −781,517 |
| [NOKIA CORP (NOK)](/companies/nok.md) | SPONSORED ADR | $41.8m | 2.0% | 3,150,000 |  | Added +650,000 |
| [CORPAY INC (CPAY)](/companies/cpay.md) | COM SHS | $37.7m | 1.8% | 113,079 |  | Reduced −6,370 |
| [USA TODAY CO INC (TDAY)](/companies/tday.md) | COM | $36.8m | 1.7% | 4,300,000 |  | Unchanged |
| [ROCKET COS INC (RKT)](/companies/rkt.md) | COM CL A | $35.0m | 1.7% | 2,222,220 |  | Added +222,220 |
| [GEO GROUP INC (GEO)](/companies/geo.md) | COM | $33.2m | 1.6% | 1,122,440 |  | Reduced −598,226 |
| [TOAST INC (TOST)](/companies/tost.md) | CL A | $32.0m | 1.5% | 1,150,000 |  | New +1,150,000 |
| [NINE ENERGY SERVICE INC (NINE)](/companies/nine.md) | COMMON STOCK | $30.9m | 1.5% | 2,377,783 |  | Reduced −173,345 |
| [GDS HLDGS LTD (GDS)](/companies/gds.md) | SPONSORED ADS | $30.6m | 1.4% | 1,018,658 |  | Added +435,996 |
| SELECT SECTOR SPDR TR | ST STR ENERG ETF | $29.2m | 1.4% | 5,500 | Call | New +5,500 |
| KYIVSTAR GROUP LTD | ORD SHS | $28.2m | 1.3% | 1,746,889 |  | Added +94,744 |
| [BELLRING BRANDS INC (BRBR)](/companies/brbr.md) | COMMON STOCK | $27.2m | 1.3% | 2,100,726 |  | Added +979,509 |
| [TALEN ENERGY CORP (TLN)](/companies/tln.md) | COM | $25.0m | 1.2% | 65,000 |  | Reduced −3,315 |
| [KILROY REALTY CORP (KRC)](/companies/krc.md) | COM | $24.4m | 1.2% | 651,947 |  | Reduced −98,053 |
| [PG&E CORP (PCG)](/companies/pcg.md) | COM | $22.6m | 1.1% | 1,342,572 |  | Added +83,969 |
| [HIMS & HERS HEALTH INC (HIMS)](/companies/hims.md) | COM CL A | $19.8m | 0.9% | 570,802 |  | Added +220,802 |
| [HCA HEALTHCARE INC (HCA)](/companies/hca.md) | COM | $19.5m | 0.9% | 50,000 |  | New +50,000 |
| [CAMPING WORLD HLDGS INC (CWH)](/companies/cwh.md) | CL A | $18.4m | 0.9% | 2,405,505 |  | Reduced −253,372 |
| [TRIMBLE INC (TRMB)](/companies/trmb.md) | COM | $18.3m | 0.9% | 358,092 |  | New +358,092 |
| [ADOBE INC (ADBE)](/companies/adbe.md) | COM | $14.4m | 0.7% | 70,000 |  | New +70,000 |
| [TALOS ENERGY INC (TALO)](/companies/talo.md) | COM | $13.6m | 0.6% | 1,050,000 |  | New +1,050,000 |
| [NOKIA CORP (NOK)](/companies/nok.md) | SPONSORED ADR | $13.3m | 0.6% | 10,000 | Call | New +10,000 |
| [COMPASS INC (COMP)](/companies/comp.md) | CL A | $12.5m | 0.6% | 10,116 | Call | Unchanged |
| [GUARDIAN METAL RES PLC (GMTL)](/companies/gmtl.md) | SPONSORED ADS | $12.2m | 0.6% | 871,708 |  | New +871,708 |
| AMERICAN EXCEPTIONALISM ACQU | ORD CL A | $11.9m | 0.6% | 1,004,367 |  | Unchanged |
| [MARAVAI LIFESCIENCES HLDGS I (MRVI)](/companies/mrvi.md) | COM CL A | $11.9m | 0.6% | 1,900,000 |  | Reduced −737,117 |
| [BAIDU INC (BIDU)](/companies/bidu.md) | SPON ADR REP A | $11.4m | 0.5% | 100,000 |  | New +100,000 |
| [VENTURE GLOBAL INC (VG)](/companies/vg.md) | COM CL A | $10.9m | 0.5% | 980,000 |  | New +980,000 |
| [GRINDR INC (GRND)](/companies/grnd.md) | COM | $10.2m | 0.5% | 713,100 |  | New +713,100 |
| [CORECIVIC INC (CXW)](/companies/cxw.md) | COM | $9.1m | 0.4% | 3,000 | Call | Unchanged |
| [SHARPLINK INC (SBET)](/companies/sbet.md) | COM NEW | $7.8m | 0.4% | 1,633,918 |  | Added +100,000 |
| [CAMPING WORLD HLDGS INC (CWH)](/companies/cwh.md) | CL A | $4.1m | 0.2% | 5,421 | Call | Added +1,576 |
| [HUDSON PACIFIC PROPERTIES IN (HPP)](/companies/hpp.md) | COM | $2.2m | 0.1% | 10,165 | Call | Unchanged |
| [NEXTNAV INC (NN)](/companies/nn.md) | COMMON STOCK | $413.7k | <0.1% | 232 | Call | New +232 |
| [GEO GROUP INC (GEO)](/companies/geo.md) | COM | $133.0k | <0.1% | 45 | Call | New +45 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| ELASTIC N V | ORD SHS | $0 | 0.0% | 0 |  | Sold out −635,010 |
| FLUTTER ENTMT PLC | SHS | $0 | 0.0% | 0 |  | Sold out −214,437 |
| ICON PLC | SHS | $0 | 0.0% | 0 |  | Sold out −111,015 |
| [MECHANICS BANCORP (MCHB)](/companies/mchb.md) | CL A | $0 | 0.0% | 0 |  | Sold out −582,001 |
| [MERCURY GENL CORP NEW (MCY)](/companies/mcy.md) | COM | $0 | 0.0% | 0 |  | Sold out −257,296 |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $0 | 0.0% | 0 |  | Sold out −90,000 |
| [NEXTNAV INC (NN)](/companies/nn.md) | COMMON STOCK | $0 | 0.0% | 0 |  | Sold out −550,000 |
| [ORTHOFIX MED INC (OFIX)](/companies/ofix.md) | COM | $0 | 0.0% | 0 |  | Sold out −558,901 |
| [PVH CORPORATION (PVH)](/companies/pvh.md) | COM | $0 | 0.0% | 0 |  | Sold out −209,410 |
| [SOLVENTUM CORP (SOLV)](/companies/solv.md) | COM SHS | $0 | 0.0% | 0 |  | Sold out −356,997 |

Source: SEC EDGAR, Form 13F-HR, accession 0000935836-26-000401. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.