Massar Capital Management, LP — 13F Holdings & Portfolio

CIK 2037238 · latest 13F-HR filed 2026-05-15

Massar Capital Management, LP manages $934.2M in 13F-reported U.S. long-equity assets across 246 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are XOP (19.46%), HYG (7.26%), JD (5.68%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 112 new positions, exited 174, added to 44, and trimmed 57.

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.

Loading holdings…
AUM

$934.2M

Long-equity book

Holdings

246

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+112 / −174 / ↑44 / ↓57

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • JD.COM INC$49.9M +1577.9%
  • INVESCO QQQ TR$40.3M +1245.5%
  • MERCADOLIBRE INC$28.0M +810.9%
  • PAYPAL HLDGS INC$9.0M +956.7%
  • ISHARES BITCOIN TRUST ETF$7.0M +267.1%
Show all 44

Top Trims

  • ALIBABA GROUP HLDG LTD-$45.8M -87.6%
  • COINBASE GLOBAL INC-$16.1M -96.2%
  • MARA HOLDINGS INC-$14.2M -96.8%
  • ISHARES INC-$8.0M -46.9%
  • GRAYSCALE ETHEREUM STAKING-$4.9M -49.4%
Show all 57

New Positions

  • KRANESHARES TRUST$32.7M
  • MOSAIC CO$8.4M
  • VANECK ETF TRUST$8.1M
  • MOLINA HEALTHCARE INC$6.3M
  • MICROSOFT CORP$4.9M
Show all 112

Exited Positions

  • ORACLE CORP$24.2M
  • BLOCK INC$22.9M
  • STRATEGY INC$15.4M
  • SELECT SECTOR SPDR TR$12.3M
  • UNITED PARCEL SERVICE INC$5.8M
Show all 174
All Holdings

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 SPDR SERIES TRUST Put XOP 78468R556 $181.8M 19.46% 1,000,000 SH
2 ISHARES TR Put HYG 464288513 $67.8M 7.26% 852,800 SH
3 JD.COM INC JD 47215P106 $53.1M 5.68% 1,794,680 SH
4 INVESCO QQQ TR QQQ 46090E103 $43.5M 4.66% 75,385 SH
5 EXXON MOBIL CORP Put XOM 30231G102 $37.2M 3.98% 219,200 SH
6 WALMART INC Put WMT 931142103 $33.5M 3.59% 269,500 SH
7 KRANESHARES TRUST KWEB 500767306 $32.7M 3.50% 1,150,572 SH
8 MERCADOLIBRE INC MELI 58733R102 $31.5M 3.37% 18,200 SH
9 ELECTRONIC ARTS INC Put EA 285512109 $22.2M 2.38% 108,900 SH
10 INVESCO QQQ TR Call QQQ 46090E103 $16.4M 1.76% 28,500 SH
11 INVESCO QQQ TR Put QQQ 46090E103 $16.4M 1.76% 28,500 SH
12 GOLDMAN SACHS GROUP INC Put GS 38141G104 $12.7M 1.36% 15,000 SH
13 JPMORGAN CHASE & CO Put JPM 46625H100 $12.0M 1.28% 40,800 SH
14 APPLE INC Put AAPL 037833100 $11.6M 1.24% 45,800 SH
15 INTERNATIONAL BUSINESS MACHS Put IBM 459200101 $10.2M 1.09% 42,200 SH
16 PAYPAL HLDGS INC PYPL 70450Y103 $9.9M 1.06% 219,463 SH
17 AMAZON COM INC AMZN 023135106 $9.7M 1.04% 46,717 SH
18 ISHARES BITCOIN TRUST ETF IBIT 46438F101 $9.6M 1.03% 250,000 SH
19 ISHARES INC EWZ 464286400 $9.0M 0.97% 235,000 SH
20 MOSAIC CO MOS 61945C103 $8.4M 0.90% 328,658 SH
21 VANECK ETF TRUST NLR 92189F601 $8.1M 0.87% 61,134 SH
22 UNIQURE NV QURE N90064101 $7.0M 0.75% 426,029 SH
23 MP MATERIALS CORP MP 553368101 $6.8M 0.73% 140,800 SH
24 ALIBABA GROUP HLDG LTD BABA 01609W102 $6.5M 0.69% 51,540 SH
25 META PLATFORMS INC META 30303M102 $6.4M 0.68% 11,118 SH
26 SUMITOMO MITSUI FIN GRP INC SMFG 86562M209 $6.3M 0.68% 320,000 SH
27 MOLINA HEALTHCARE INC MOH 60855R100 $6.3M 0.67% 47,271 SH
28 HORMEL FOODS CORP HRL 440452100 $6.1M 0.65% 269,200 SH
29 SELECT SECTOR SPDR TR Call XLF 81369Y605 $5.2M 0.56% 105,300 SH
30 MIZUHO FINANCIAL GROUP INC MFG 60687Y109 $5.2M 0.55% 650,000 SH
31 GRAYSCALE ETHEREUM STAKING ETH 38964R203 $5.1M 0.54% 255,000 SH
32 MICROSOFT CORP MSFT 594918104 $4.9M 0.52% 13,183 SH
33 MITSUBISHI UFJ FINANCIAL GRO MUFG 606822104 $4.8M 0.51% 280,000 SH
34 GLOBAL X FDS URA 37954Y871 $4.7M 0.51% 97,500 SH
35 INTEL CORP INTC 458140100 $4.5M 0.48% 101,038 SH
36 ERO COPPER CORP ERO 296006109 $4.4M 0.47% 164,131 SH
37 NEOS ETF TRUST QQQI 78433H675 $4.1M 0.44% 83,390 SH
38 NEOS ETF TRUST SPYI 78433H303 $4.1M 0.44% 82,483 SH
39 TAKE-TWO INTERACTIVE SOFTWAR TTWO 874054109 $3.7M 0.40% 18,922 SH
40 COMSTOCK RES INC CRK 205768302 $3.7M 0.40% 176,870 SH
41 ISHARES INC ECH 464286640 $3.6M 0.39% 91,698 SH
42 ENERGY FUELS INC UUUU 292671708 $3.5M 0.38% 192,020 SH
43 CLOUDFLARE INC NET 18915M107 $3.4M 0.37% 16,632 SH
44 MAREX GROUP PLC MRX G5S37H101 $3.3M 0.35% 73,696 SH
45 PAN AMERN SILVER CORP PAAS 697900108 $3.3M 0.35% 60,010 SH
46 ALPHABET INC GOOGL 02079K305 $3.2M 0.34% 11,057 SH
47 HONEYWELL INTL INC HON 438516106 $3.2M 0.34% 14,059 SH
48 COEUR MNG INC CDE 192108504 $3.2M 0.34% 168,307 SH
49 SLM CORP SLM 78442P106 $3.2M 0.34% 147,392 SH
50 KRANESHARES TRUST Call KWEB 500767306 $3.0M 0.32% 105,300 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-15 $934.2M 246 0002037238-26-000004
2025-12-31 2026-02-17 $931.8M 317 0002037238-26-000001
2025-09-30 2025-11-14 $760.1M 174 0002037238-25-000006