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R Squared Ltd — 13F Holdings & Portfolio

CIK 1896148 · latest 13F-HR filed 2026-08-05

Backtest portfolio

R Squared Ltd manages $190.4M in 13F-reported U.S. long-equity assets across 509 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are TXNM (2.03%), PEN (1.91%), NVDA (1.90%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 249 new positions and exited 217; 121 existing positions rose in reported value and 111 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$190.4M

Long-equity book

Holdings
509

Distinct positions

Period
2026-06-30

Filed 2026-08-05

Q/Q Activity
+249 / −217 / ↑121 / ↓111

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
TXNM2.0% · -10%PEN1.9% · +345%NVDA1.9% · +803%C1.4% · +31%TSM1.3% · +44%AAPL1.2% · -56%EA1.2% · -23%CHT1.1% · -13%ISRG1.0% · +751%CVX1.0% · +5%ICE0.9% · +111%MDT0.8% · +79%META0.8% · newNOC0.8% · +397%COST0.7% · newTSLA0.7% · -44%LHX0.7% · +220%PH0.7% · -42%SPGI0.7% · +56%RTX0.7% · +401%AAL0.7% · +405%WBS0.6% · newAMAT0.6% · +2%ORLY0.6% · +51%GRAB0.6% · +75%STT0.6% · +168%BE0.5% · -29%TMUS0.5% · +422%MSFT0.5% · -62%CME0.5% · +192%TXN0.5% · newCMI0.5% · -23%AXS0.5% · -7%UL0.5% · newUNF0.5% · newMMM0.5% · +99%INTC0.5% · newMCD0.5% · newGM0.5% · +122%DAR0.5% · +76%IDA0.5% · newNWN0.4% · +20%NVS0.4% · +32%IBKR0.4% · newXOM0.4% · newUNP0.4% · newORCL0.4% · +110%LYV0.4% · newFTV0.4% · newCLH0.4% · newEFX0.4% · +18%SSNC0.4% · +103%SCHW0.4% · newSNY0.4% · -33%CRH0.4% · +233%FIVE0.4% · -10%EBAY0.4% · -19%NVT0.4% · +22%LLY0.4% · -79%EXPD0.4% · +65%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 14.1%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People
Assets Under Management
$31.7M
Discretionary
$31.7M
Employees
8
Accounts
1
Address
ONE ROCKEFELLER PLAZA
11TH FLOOR
NEW YORK, NY 10020
Phone
(646) 741-4956
Website
Name Title / Status Ownership Type
PELL, RICHARD, CAMBELL ControlCHAIRMAN/CO-FOUNDER/LIMITED PARTNER25–50%Individual
PELL, RICHARD, CAMBELL ControlMANAGING MEMBER75% or moreIndividual
POLISHOOK, HARRY, DAVID ControlLIMITED PARTNER/ANALYST5–10%Individual
R SQUARED GP LLC ControlGENERAL PARTNER25–50%Domestic Entity
WALDINGER, ELYSE, MICHELLE ControlCHIEF OPERATIONS OFFICER/CHIEF COMPLIANCE OFFICER/LIMITED PARTNER5–10%Individual
NONAMI, JUNICHI, (NMN)PORTFOLIO MANAGER/LIMITED PARTNER10–25%Individual

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 121 →

Top Trims

Show all 111 →

New Positions

Show all 249 →

Exited Positions

Show all 217 →

R Squared Ltd Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 TXNM ENERGY INC TXNM 69349H107 $3.9M 2.03% 68,165 SH
2 PENUMBRA INC PEN 70975L107 $3.6M 1.91% 11,502 SH
3 NVIDIA CORPORATION NVDA 67066G104 $3.6M 1.90% 18,057 SH
4 CITIGROUP INC C 172967424 $2.6M 1.39% 18,911 SH
5 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $2.5M 1.30% 5,197 SH
6 APPLE INC AAPL 037833100 $2.4M 1.25% 8,201 SH
7 ELECTRONIC ARTS INC EA 285512109 $2.2M 1.16% 10,775 SH
8 CHUNGHWA TELECOM CO LTD CHT 17133Q502 $2.1M 1.11% 47,851 SH
9 INTUITIVE SURGICAL INC ISRG 46120E602 $2.0M 1.03% 4,936 SH
10 CHEVRON CORPORATION CVX 166764100 $1.9M 1.01% 11,552 SH
11 INTERCONTINENTAL EXCHANGE IN ICE 45866F104 $1.7M 0.90% 13,989 SH
12 MEDTRONIC PLC MDT G5960L103 $1.6M 0.85% 20,617 SH
13 META PLATFORMS INC META 30303M102 $1.6M 0.83% 2,795 SH
14 NORTHROP GRUMMAN CORP NOC 666807102 $1.5M 0.79% 2,949 SH
15 COSTCO WHOLESALE CORPORATION COST 22160K105 $1.4M 0.74% 1,510 SH
16 TESLA INC TSLA 88160R101 $1.3M 0.70% 3,178 SH
17 L3HARRIS TECHNOLOGIES INC LHX 502431109 $1.3M 0.69% 4,513 SH
18 PARKER-HANNIFIN CORP PH 701094104 $1.3M 0.68% 1,324 SH
19 S&P GLOBAL INC SPGI 78409V104 $1.3M 0.67% 3,129 SH
20 RTX CORPORATION RTX 75513E101 $1.3M 0.66% 6,661 SH
21 AMERICAN AIRLINES GROUP INC AAL 02376R102 $1.2M 0.65% 68,615 SH
22 WEBSTER FINL CORP WBS 947890109 $1.2M 0.64% 15,966 SH
23 APPLIED MATLS INC AMAT 038222105 $1.2M 0.62% 1,643 SH
24 OREILLY AUTOMOTIVE INC ORLY 67103H107 $1.1M 0.60% 12,459 SH
25 GRAB HOLDINGS LIMITED GRAB G4124C109 $1.1M 0.60% 300,863 SH
26 STATE STR CORP STT 857477103 $1.0M 0.55% 6,176 SH
27 BLOOM ENERGY CORP BE 093712107 $1.0M 0.54% 3,422 SH
28 T-MOBILE US INC TMUS 872590104 $1.0M 0.54% 6,088 SH
29 MICROSOFT CORP MSFT 594918104 $1.0M 0.53% 2,706 SH
30 CME GROUP INC CME 12572Q105 $994.4K 0.52% 4,503 SH
31 TEXAS INSTRS INC TXN 882508104 $965.1K 0.51% 3,238 SH
32 CUMMINS INC CMI 231021106 $964.3K 0.51% 1,352 SH
33 AXIS CAP HLDGS LTD AXS G0692U109 $961.2K 0.50% 8,946 SH
34 UNILEVER PLC UL 904767803 $959.5K 0.50% 15,960 SH
35 UNIFIRST CORP MASS UNF 904708104 $927.2K 0.49% 3,506 SH
36 3M CO MMM 88579Y101 $910.6K 0.48% 5,624 SH
37 INTEL CORP INTC 458140100 $899.1K 0.47% 6,439 SH
38 MCDONALDS CORP MCD 580135101 $885.8K 0.47% 3,277 SH
39 GENERAL MTRS CO GM 37045V100 $862.4K 0.45% 11,189 SH
40 DARLING INGREDIENTS INC DAR 237266101 $859.4K 0.45% 15,735 SH
41 IDACORP INC IDA 451107106 $858.6K 0.45% 5,675 SH
42 NORTHWEST NAT HLDG CO NWN 66765N105 $855.1K 0.45% 17,429 SH
43 NOVARTIS AG NVS 66987V109 $848.0K 0.45% 5,411 SH
44 INTERACTIVE BROKERS GROUP IN IBKR 45841N107 $841.0K 0.44% 9,662 SH
45 EXXON MOBIL CORP XOM 30231G102 $839.9K 0.44% 6,143 SH
46 UNION PAC CORP UNP 907818108 $836.4K 0.44% 3,075 SH
47 ORACLE CORP ORCL 68389X105 $833.0K 0.44% 5,684 SH
48 LIVE NATION ENTERTAINMENT IN LYV 538034109 $822.0K 0.43% 4,489 SH
49 FORTIVE CORP FTV 34959J108 $796.2K 0.42% 13,034 SH
50 CLEAN HARBORS INC CLH 184496107 $772.9K 0.41% 2,587 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-05 $190.4M 509 0001896148-26-000004
2026-03-31 2026-04-29 $182.1M 477 0001896148-26-000003
2025-12-31 2026-01-30 $214.0M 513 0001896148-26-000001
Filer Information
Address
ROOM 1810, 18/F, V-POINT
18 TANG LUNG STREET, CAUSEWAY BAY
HONG KONG 0000
Phone
85236895389
Filing Manager
R Squared Ltd
HONG KONG, K3
Signatory
Jennifer JIN
Director