INTERCAPITAL, LLC — 13F Holdings & Portfolio

CIK 2108411 · latest 13F-HR filed 2026-08-14

INTERCAPITAL, LLC manages $400.6M in 13F-reported U.S. long-equity assets across 121 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AMZN (11.60%), MSFT (4.99%), NVDA (4.22%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 25 new positions, exited 27, added to 23, and trimmed 15.

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.

Filer Information
Address
2208 LAKE AUSTIN BLVD
SUITE 100
AUSTIN, TX 78703
Phone
(504) 610-8109
Filing Manager
INTERCAPITAL, LLC
AUSTIN, TX
Signatory
Brian Stefanowicz
Chief Compliance Officer
Loading holdings…
AUM

$400.6M

Long-equity book

Holdings

121

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+25 / −27 / ↑23 / ↓15

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • CREDO TECHNOLOGY GROUP HOLDI$13.2M +695.2%
  • MICROSOFT CORP$8.9M +80.6%
  • NVIDIA CORPORATION$7.5M +344.3%
  • TAIWAN SEMICONDUCTOR MANUFAC$6.5M +129.5%
  • BROADCOM INC$4.8M +84.1%
Show all 23

Top Trims

  • MERCADOLIBRE INC-$4.7M -47.4%
  • CIRCLE INTERNET GROUP INC-$4.2M -77.0%
  • DUOLINGO INC-$3.8M -65.0%
  • RIVIAN AUTOMOTIVE INC-$3.2M -94.9%
  • PROLOGIS INC.-$3.0M -91.8%
Show all 15

New Positions

  • DELL TECHNOLOGIES INC$8.4M
  • CELSIUS HLDGS INC$4.4M
  • COREWEAVE INC$3.6M
  • COMSTOCK RES INC$2.7M
  • WYNN RESORTS LTD$2.3M
Show all 25

Exited Positions

  • LULULEMON ATHLETICA INC$13.3M
  • WIX COM LTD$4.2M
  • FIDELITY WISE ORIGIN BITCOIN$2.8M
  • APPLE INC$2.7M
  • ROBINHOOD MKTS INC$1.1M
Show all 27
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 AMAZON COM INC Call AMZN 023135106 $46.5M 11.60% 194,900 SH
2 MICROSOFT CORP MSFT 594918104 $20.0M 4.99% 53,590 SH
3 NVIDIA CORPORATION Call NVDA 67066G104 $16.9M 4.22% 84,500 SH
4 REDDIT INC RDDT 75734B100 $15.4M 3.86% 89,000 SH
5 AMAZON COM INC AMZN 023135106 $15.3M 3.81% 64,000 SH
6 CREDO TECHNOLOGY GROUP HOLDI CRDO G25457105 $15.1M 3.77% 55,500 SH
7 AFFIRM HLDGS INC AFRM 00827B106 $12.8M 3.19% 156,568 SH
8 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $11.6M 2.89% 24,200 SH
9 BROADCOM INC AVGO 11135F101 $10.5M 2.63% 27,900 SH
10 STATE STR SPDR S&P 500 ETF T Put SPY 78462F103 $10.5M 2.61% 14,000 SH
11 COMPASS INC COMP 20464U100 $10.2M 2.54% 825,225 SH
12 DAVE INC DAVE 23834J201 $9.7M 2.42% 26,000 SH
13 NVIDIA CORPORATION NVDA 67066G104 $9.7M 2.42% 48,406 SH
14 ISHARES TR Call TLT 464287432 $9.5M 2.37% 110,000 SH
15 DELL TECHNOLOGIES INC DELL 24703L202 $8.4M 2.10% 19,500 SH
16 MICROSOFT CORP Call MSFT 594918104 $8.0M 2.00% 21,500 SH
17 SEA LTD SE 81141R100 $6.8M 1.69% 70,694 SH
18 BOEING CO BA 097023105 $6.3M 1.57% 29,000 SH
19 MERCADOLIBRE INC MELI 58733R102 $5.2M 1.31% 3,080 SH
20 FIGMA INC FIG 316841105 $5.2M 1.30% 288,739 SH
21 COCA COLA CO Put KO 191216100 $5.2M 1.30% 64,100 SH
22 VANECK ETF TRUST Put SMH 92189F676 $4.6M 1.15% 7,000 SH
23 CELSIUS HLDGS INC CELH 15118V207 $4.4M 1.10% 150,000 SH
24 SEA LTD Call SE 81141R100 $4.2M 1.04% 43,500 SH
25 COREWEAVE INC CRWV 21873S108 $3.6M 0.91% 36,500 SH
26 TESLA INC Put TSLA 88160R101 $3.6M 0.89% 8,500 SH
27 ALPHABET INC Put GOOG 02079K107 $3.5M 0.88% 10,000 SH
28 BOEING CO Call BA 097023105 $3.5M 0.87% 16,100 SH
29 COREWEAVE INC Call CRWV 21873S108 $3.2M 0.80% 32,000 SH
30 ALIBABA GROUP HLDG LTD Call BABA 01609W102 $3.2M 0.79% 33,000 SH
31 INVESCO QQQ TR Put QQQ 46090E103 $2.9M 0.74% 4,000 SH
32 NETFLIX INC. Call NFLX 64110L106 $2.9M 0.73% 41,000 SH
33 COMSTOCK RES INC CRK 205768302 $2.7M 0.68% 182,000 SH
34 FIGMA INC Call FIG 316841105 $2.6M 0.64% 142,000 SH
35 TAKE-TWO INTERACTIVE SOFTWAR Call TTWO 874054109 $2.5M 0.62% 10,000 SH
36 ROCKET COS INC RKT 77311W101 $2.4M 0.61% 154,840 SH
37 SHOPIFY INC SHOP 82509L107 $2.4M 0.59% 20,595 SH
38 WYNN RESORTS LTD WYNN 983134107 $2.3M 0.58% 24,000 SH
39 MICRON TECHNOLOGY INC MU 595112103 $2.3M 0.58% 2,000 SH
40 NETFLIX INC. NFLX 64110L106 $2.3M 0.57% 32,000 SH
41 ON HLDG AG ONON H5919C104 $2.3M 0.57% 64,500 SH
42 TAKE-TWO INTERACTIVE SOFTWAR TTWO 874054109 $2.3M 0.57% 9,100 SH
43 ORACLE CORP Put ORCL 68389X105 $2.3M 0.57% 15,500 SH
44 LPL FINL HLDGS INC LPLA 50212V100 $2.3M 0.56% 8,000 SH
45 LULULEMON ATHLETICA INC Call LULU 550021109 $2.2M 0.56% 19,500 SH
46 ADVANCED MICRO DEVICES INC AMD 007903107 $2.2M 0.55% 3,800 SH
47 SPDR SERIES TRUST Put XSD 78464A862 $2.2M 0.54% 3,500 SH
48 DUOLINGO INC DUOL 26603R106 $2.1M 0.52% 18,000 SH
49 VISTRA CORP VST 92840M102 $2.0M 0.51% 12,900 SH
50 OUSTER INC OUST 68989M202 $2.0M 0.50% 32,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $400.6M 121 0001214659-26-010166
2026-03-31 2026-05-15 $299.4M 108 0001214659-26-006312
2025-12-31 2026-02-13 $284.0M 92 0001214659-26-001656