Karl Kapital LLC — 13F Holdings & Portfolio
CIK 2058849 · latest 13F-HR filed 2026-08-14
Karl Kapital LLC manages $167.9M in 13F-reported U.S. long-equity assets across 25 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are COMP (8.83%), ECPG (7.75%), FLYW (7.13%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 11 new positions, exited 8, added to 7, and trimmed 4.
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.
SUITE 803
SAN FRANCISCO, CA 94111
$167.9M
Long-equity book
25
Distinct positions
2026-06-30
Filed 2026-08-14
+11 / −8 / ↑7 / ↓4
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- VALLEY NATL BANCORP$2.2M +45.0%
- SEI INVTS CO$2.1M +37.6%
- VISA INC$1.9M +37.1%
- CENTURY COMMUNITIES INC$1.0M +29.7%
- LPL FINL HLDGS INC$974.0K +18.0%
Top Trims
- SKYWARD SPECIALTY INS GROUP-$5.5M -50.3%
- ENCORE CAP GROUP INC-$2.6M -16.6%
- AFFIRM HLDGS INC-$1.8M -28.3%
- FUTU HLDGS LTD-$1.4M -21.6%
New Positions
- COMPASS INC$14.8M
- HENRY JACK & ASSOC INC$7.8M
- SOMNIGROUP INTERNATIONAL INC$7.0M
- PROG HOLDINGS INC$6.7M
- WISDOMTREE INC$6.5M
Exited Positions
- S&P GLOBAL INC$7.7M
- UWM HOLDINGS CORPORATION$7.3M
- ROCKET COS INC$4.9M
- ACADIAN ASSET MANAGEMENT INC$4.9M
- RIDGEPOST CAP INC$4.7M
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 | COMPASS INC | COMP | 20464U100 | $14.8M | 8.83% | 1,202,967 | SH |
| 2 | ENCORE CAP GROUP INC | ECPG | 292554102 | $13.0M | 7.75% | 139,536 | SH |
| 3 | FLYWIRE CORPORATION | FLYW | 302492103 | $12.0M | 7.13% | 681,049 | SH |
| 4 | CAPITAL ONE FINL CORP | COF | 14040H105 | $10.3M | 6.13% | 51,276 | SH |
| 5 | HENRY JACK & ASSOC INC | JKHY | 426281101 | $7.8M | 4.65% | 56,636 | SH |
| 6 | SEI INVTS CO | SEIC | 784117103 | $7.8M | 4.64% | 88,816 | SH |
| 7 | UMB FINL CORP | UMBF | 902788108 | $7.4M | 4.42% | 52,019 | SH |
| 8 | VALLEY NATL BANCORP | VLY | 919794107 | $7.2M | 4.28% | 490,651 | SH |
| 9 | VISA INC | V | 92826C839 | $7.2M | 4.27% | 20,877 | SH |
| 10 | SOMNIGROUP INTERNATIONAL INC | SGI | 88023U101 | $7.0M | 4.17% | 89,395 | SH |
| 11 | PROG HOLDINGS INC | PRG | 74319R101 | $6.7M | 3.98% | 143,375 | SH |
| 12 | WISDOMTREE INC | WT | 97717P104 | $6.5M | 3.86% | 382,391 | SH |
| 13 | LPL FINL HLDGS INC | LPLA | 50212V100 | $6.4M | 3.80% | 22,675 | SH |
| 14 | WEBULL CORP | BULL | G9572D103 | $6.1M | 3.64% | 936,592 | SH |
| 15 | INTERCONTINENTAL EXCHANGE IN | ICE | 45866F104 | $5.9M | 3.52% | 47,952 | SH |
| 16 | SKYWARD SPECIALTY INS GROUP | SKWD | 830940102 | $5.5M | 3.26% | 93,911 | SH |
| 17 | FUTU HLDGS LTD | FUTU | 36118L106 | $5.1M | 3.06% | 54,843 | SH |
| 18 | PROGRESSIVE CORP | PGR | 743315103 | $4.9M | 2.93% | 22,529 | SH |
| 19 | FORTUNE BRANDS INNOVATIONS I | FBIN | 34964C106 | $4.7M | 2.80% | 85,703 | SH |
| 20 | AFFIRM HLDGS INC | AFRM | 00827B106 | $4.6M | 2.74% | 56,496 | SH |
| 21 | CENTURY COMMUNITIES INC | CCS | 156504300 | $4.4M | 2.63% | 61,651 | SH |
| 22 | VIRTU FINL INC | VIRT | 928254101 | $3.8M | 2.27% | 63,941 | SH |
| 23 | EQUINIX INC | EQIX | 29444U700 | $3.5M | 2.06% | 3,323 | SH |
| 24 | D R HORTON INC | DHI | 23331A109 | $3.2M | 1.92% | 19,843 | SH |
| 25 | TRAEGER INC | COOK | 89269P202 | $2.1M | 1.25% | 26,629 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $167.9M | 25 | 0001214659-26-010371 |
| 2026-03-31 | 2026-05-15 | $144.4M | 22 | 0001214659-26-006458 |
| 2025-12-31 | 2026-02-17 | $112.8M | 18 | 0001214659-26-001969 |