X-square Capital 13F annual report

X-square Capital is an investment fund managing more than $216 million ran by Cristina Perez. There are currently 157 companies in Mrs. Perez’s portfolio. The largest investments include Ishares Bitcoin Trust and First Bancorp F, together worth $14.1 million.

Limited to 30 biggest holdings

$216 million Assets Under Management (AUM)

As of 30th July 2024, X-square Capital’s top holding is 224,396 shares of Ishares Bitcoin Trust currently worth over $7.66 million and making up 3.6% of the portfolio value. In addition, the fund holds 351,170 shares of First Bancorp F worth $6.42 million. The third-largest holding is Ofg Bancorp F worth $6.26 million and the next is Spdr Sp 500 Etf worth $6.14 million, with 11,289 shares owned.

Currently, X-square Capital's portfolio is worth at least $216 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at X-square Capital

The X-square Capital office and employees reside in Guaynabo, Puerto Rico. According to the last 13-F report filed with the SEC, Cristina Perez serves as the CCO at X-square Capital.

Recent trades

In the most recent 13F filing, X-square Capital revealed that it had opened a new position in Hims Hers Health Inc and bought 75,066 shares worth $1.52 million.

The investment fund also strengthened its position in Ishares Bitcoin Trust by buying 5,859 additional shares. This makes their stake in Ishares Bitcoin Trust total 224,396 shares worth $7.66 million.

On the other hand, there are companies that X-square Capital is getting rid of from its portfolio. X-square Capital closed its position in Ecopetrol S A F Sponsored Adr 1 Adr Reps 20 Ord Shs on 6th August 2024. It sold the previously owned 84,392 shares for $991 thousand. Cristina Perez also disclosed a decreased stake in Spdr Sp 500 Etf by approximately 0.1%. This leaves the value of the investment at $6.14 million and 11,289 shares.

One of the smallest hedge funds

The two most similar investment funds to X-square Capital are Boothe Investment and Confluence Wealth Management. They manage $216 million and $216 million respectively.


Cristina Perez investment strategy

X-square Capital’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 16.3% of the total portfolio value. The fund focuses on investments in the United States as 45.2% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 34% of the total holdings value. On the other hand, small-cap stocks make up only 1.9% of the portfolio. The average market cap of the portfolio companies is close to $161 billion.

The complete list of X-square Capital trades based on 13F SEC filings

These positions were updated on August 6th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Ishares Bitcoin Trust
2.68%
224,396
$7,661,000 3.55%
First Bancorp F
45.21%
351,170
$6,423,000 2.98%
Ofg Bancorp F
46.71%
167,057
$6,256,000 2.90%
Spdr Sp 500 Etf
8.87%
11,289
$6,144,000 2.85%
NVIDIA Corp
904.96%
42,751
$5,281,000 2.45%
Meta Platforms Inc
5.62%
10,286
$5,187,000 2.41%
Advanced Micro Devices I
3.83%
30,646
$4,971,000 2.30%
Micron Technology Inc.
0.39%
36,697
$4,827,000 2.24%
Costco Wholesale Corp
1.41%
5,192
$4,413,000 2.05%
Jpmorgan Chase Co
0.96%
21,092
$4,266,000 1.98%
AMGEN Inc.
0.71%
13,614
$4,254,000 1.97%
Berkshire Hathaway Inc.
0.44%
10,374
$4,220,000 1.96%
Amazon.com Inc.
1.84%
19,635
$3,795,000 1.76%
Teva Pharmaceutical In F Sponsored Adr 1 Adr Reps 1 Ord Shs
0.25%
213,663
$3,472,000 1.61%
TJX Companies, Inc.
1.01%
31,049
$3,419,000 1.59%
RH
91.07%
13,776
$3,367,000 1.56%
United Rentals, Inc.
0.67%
4,834
$3,126,000 1.45%
General Dynamics Corp.
0.65%
10,720
$3,110,000 1.44%
Suncor Energy Inc F
0.49%
79,664
$3,035,000 1.41%
New Fortress Energy A Class A
0.57%
137,396
$3,020,000 1.40%
Apple Inc
14.11%
13,629
$2,871,000 1.33%
Chipotle Mexican Grill
4,948.00%
45,331
$2,840,000 1.32%
Skechers U S A, Inc.
0.53%
40,903
$2,827,000 1.31%
MercadoLibre Inc
No change
1,634
$2,686,000 1.25%
Microsoft Corporation
3.22%
5,979
$2,673,000 1.24%
Copart, Inc.
0.72%
48,788
$2,642,000 1.23%
Texas Pacific Land Corporation
12.44%
3,441
$2,527,000 1.17%
Transdigm Group Incorporated
0.82%
1,971
$2,518,000 1.17%
Energy Select Sector Spdr Etf
27.02%
27,129
$2,473,000 1.15%
Abbvie Inc
1.20%
14,085
$2,416,000 1.12%
Valero Energy Corp.
0.25%
15,307
$2,400,000 1.11%
Lennar Corp.
0.71%
15,571
$2,334,000 1.08%
XPO Inc
0.79%
21,333
$2,264,000 1.05%
Walmart Inc
1.30%
33,428
$2,263,000 1.05%
Paypal Holdings Incorpor
2.29%
38,455
$2,232,000 1.03%
Sprott Uranium Miners Etf
No change
43,850
$2,159,000 1.00%
Occidental Petroleum Corp.
96.03%
34,204
$2,156,000 1.00%
X-square Muni Inc Tax Fr Etf
No change
78,930
$2,084,000 0.97%
Dominos Pizza Inc
0.08%
3,977
$2,053,000 0.95%
Alphabet Inc
8.69%
11,134
$2,042,000 0.95%
Drx Dly Reg Bank Bull 3x
No change
28,575
$2,007,000 0.93%
Expedia Group Inc
7.74%
15,780
$1,988,000 0.92%
Coca-Cola Co
0.29%
29,938
$1,906,000 0.88%
Kimberly-Clark Corp.
1.63%
13,679
$1,890,000 0.88%
Dollar General Corp.
1.05%
13,744
$1,817,000 0.84%
Generac Holdings Inc
0.82%
13,454
$1,779,000 0.82%
Booz Allen Hamilton Holdings
0.69%
10,509
$1,617,000 0.75%
Vital Energy Inc
No change
35,691
$1,600,000 0.74%
Popular Inc F
72.38%
17,768
$1,571,000 0.73%
O'reilly Automotive Inc
0.41%
1,485
$1,568,000 0.73%
Vale Sa F Sponsored Adr 1 Adr Reps 1 Ord Shs
0.92%
139,071
$1,553,000 0.72%
Hims Hers Health Inc
Opened
75,066
$1,516,000 0.70%
Northrop Grumman Corp.
0.48%
3,326
$1,450,000 0.67%
Frontline Plc
5.49%
55,935
$1,441,000 0.67%
Philip Morris Intl
0.60%
12,618
$1,279,000 0.59%
Booking Holdings Inc
10.69%
321
$1,272,000 0.59%
PulteGroup Inc
1.12%
10,816
$1,191,000 0.55%
Globalfoundries Inc
0.45%
23,435
$1,185,000 0.55%
Home Depot, Inc.
0.25%
3,212
$1,106,000 0.51%
Valaris Ltd
0.47%
14,664
$1,092,000 0.51%
Warrior Met Coal Inc
243.00%
17,150
$1,077,000 0.50%
Borr Drilling Ltd
0.60%
166,293
$1,073,000 0.50%
Sibanye-stillwater Ltd-adr
No change
240,800
$1,047,000 0.49%
Baytex Energy Corp F
No change
297,780
$1,035,000 0.48%
Ecopetrol S A F Sponsored Adr 1 Adr Reps 20 Ord Shs
Closed
84,392
$991,000
Lockheed Martin Corp.
1.35%
2,105
$983,000 0.46%
Vista Energy Sab De Cv
No change
21,589
$982,000 0.46%
Tellurian Investments In
0.70%
1,413,222
$979,000 0.45%
Banco Macro Sa-adr
Closed
20,000
$964,000
Vanguard Info Tech Etf
Closed
1,884
$932,000
Raytheon Technologies Co
0.97%
9,119
$915,000 0.42%
Fastenal Co.
1.20%
14,278
$897,000 0.42%
Geopark Ltd
No change
77,000
$843,000 0.39%
Garmin Ltd F
0.65%
5,157
$840,000 0.39%
Johnson Johnson
0.56%
5,711
$835,000 0.39%
Altria Group Inc.
1.03%
17,906
$816,000 0.38%
Peabody Energy Corporati
Closed
34,180
$813,000
Chubb Ltd F
1.31%
3,160
$806,000 0.37%
Bank Of America Corp.
3.81%
19,491
$775,000 0.36%
Alpha Metallurgical Resource
Opened
2,741
$769,000 0.36%
Ally Finl Inc
0.45%
19,298
$766,000 0.36%
Mammoth Energy Services Inc
No change
215,092
$706,000 0.33%
Proshares Ultra Sp500
37.99%
8,536
$705,000 0.33%
Ishares Msci Brazil Etf
1.01%
25,597
$700,000 0.32%
Procter Gamble
5.24%
4,233
$698,000 0.32%
Tractor Supply Comp
1.62%
2,579
$696,000 0.32%
Exxon Mobil Corp.
No change
5,945
$684,000 0.32%
Alphabet Inc
1.40%
3,701
$674,000 0.31%
Bj's Wholesale Club Holdings
No change
7,510
$660,000 0.31%
Microstrategy Inc.
42.17%
472
$650,000 0.30%
Diamondback Energy Inc
63.26%
3,235
$648,000 0.30%
Marsh Mclennan Cos Inc
1.75%
2,957
$623,000 0.29%
Ferrari Nv
202.00%
1,510
$617,000 0.29%
1/100 Berkshire Htwy Cla 100 Shs=1 Whole Sh Brk A
No change
100
$612,000 0.28%
Teekay Tankers Ltd
Closed
10,000
$584,000
Hawaiian Electric Inds
No change
64,146
$579,000 0.27%
Tidewater Inc.
No change
6,000
$571,000 0.26%
Shopify Inc F Class A
1.95%
8,646
$571,000 0.26%
Energy Transfer Lp
Opened
34,549
$560,000 0.26%
Merck Co. Inc.
No change
4,488
$556,000 0.26%
Vaneck Oil Services Etf
0.46%
1,743
$551,000 0.26%
Braskem Sa-class A- Adr
No change
85,000
$548,000 0.25%
Coinbase Global Inc -class A
Opened
2,454
$545,000 0.25%
Alibaba Group Hldg Ltd F Sponsored Adr 1 Adr Reps 8 Ord Shs
No change
7,110
$512,000 0.24%
Lifemd Inc
Opened
74,229
$509,000 0.24%
Iris Energy Ltd
Opened
45,000
$508,000 0.24%
Emcor Group, Inc.
Opened
1,385
$506,000 0.23%
Truist Finl Corp
0.42%
12,934
$502,000 0.23%
Proshares Ultra Bloomberg Cr
Closed
15,000
$495,000
Rio Tinto plc
4.34%
7,457
$492,000 0.23%
Comfort Systems USA, Inc.
Opened
1,600
$487,000 0.23%
Palantir Technologies Inc-a
Opened
19,180
$486,000 0.23%
Chesapeake Energy Corp.
6.07%
5,832
$479,000 0.22%
Mastercard Incorporated
2.32%
1,060
$468,000 0.22%
Transocean Ltd
No change
83,860
$449,000 0.21%
Freeport-McMoRan Inc
2.41%
9,238
$449,000 0.21%
Vanguard Growth Etf
61.52%
1,139
$426,000 0.20%
Volatility Shs Tr
21.68%
12,959
$411,000 0.19%
Tesla Inc
22.26%
2,074
$410,000 0.19%
EOG Resources, Inc.
2.73%
3,236
$407,000 0.19%
ProShares UltraPro QQQ
22.22%
5,500
$406,000 0.19%
Morgan Stanley
5.75%
4,067
$395,000 0.18%
Direxion Daily Energy Bull 2x Etf
62.66%
5,959
$388,000 0.18%
Invsc Qqq Trust Srs 1 Etf
1.26%
802
$384,000 0.18%
Vanguard Value Etf
4.47%
2,338
$375,000 0.17%
Taiwan Semiconductr F Sponsored Adr 1 Adr Reps 5 Ord Shs
No change
2,121
$369,000 0.17%
Navios Maritime Partners Lp
Closed
8,278
$353,000
Fortinet Inc
3.13%
5,798
$349,000 0.16%
Qualcomm, Inc.
No change
1,747
$348,000 0.16%
Coty Inc
No change
31,976
$320,000 0.15%
Zim Integrated Shippin F
42.25%
13,975
$310,000 0.14%
Navigator Holdings Ltd
Closed
20,000
$307,000
T-Mobile US, Inc.
4.42%
1,730
$305,000 0.14%
Brit Amer Tobacco F Unsponsored Adr 1 Adr Reps 1 Ord Shs
1.48%
9,839
$304,000 0.14%
Mcdonalds Corp
No change
1,149
$293,000 0.14%
Riot Platforms Inc
No change
31,200
$285,000 0.13%
Phillips 66
1.23%
1,980
$280,000 0.13%
Citigroup Inc
1.44%
4,388
$278,000 0.13%
Paramount Global-class B
Opened
25,000
$260,000 0.12%
Northern Oil and Gas Inc.
No change
6,491
$241,000 0.11%
Akamai Technologies Inc
4.86%
2,630
$237,000 0.11%
Wells Fargo Co
5.94%
3,896
$231,000 0.11%
Airbnb, Inc.
Opened
1,500
$227,000 0.11%
Zillow Group Inc
No change
4,878
$226,000 0.10%
Tecnoglass Inc
5.74%
4,363
$219,000 0.10%
Target Corp
4.90%
1,474
$218,000 0.10%
Ishares Us Home Construct Etf
10.54%
2,148
$217,000 0.10%
Ford Motor Co.
12.50%
17,317
$217,000 0.10%
Opko Health Inc
No change
169,663
$212,000 0.10%
Direxion Shs Etf Tr
65.04%
4,300
$209,000 0.10%
Blackstone Inc
Opened
1,645
$204,000 0.09%
Vanguard Sp 500 Etf
Closed
439
$202,000
MarketAxess Holdings Inc.
Closed
924
$202,000
Abrdn Physical Palladium Shs
Opened
2,260
$201,000 0.09%
Obsidian Energy Ltd.
No change
26,000
$195,000 0.09%
Energy Fuels Inc
No change
32,000
$194,000 0.09%
Cleanspark Inc
No change
12,000
$191,000 0.09%
TripAdvisor Inc.
Opened
10,000
$178,000 0.08%
Pagaya Technologies Ltd -a
No change
11,879
$152,000 0.07%
SolarWinds Corp
No change
12,031
$145,000 0.07%
Bausch Health Cos Inc F
No change
19,568
$136,000 0.06%
Ramaco Resources Inc-a
No change
10,000
$125,000 0.06%
Journey Energy Inc F
No change
33,500
$74,000 0.03%
Banco Santander Sa Iam F Sponsored Adr 1 Adr Reps 1 Ord Shs
No change
14,493
$67,000 0.03%
Nio Inc F Sponsored Adr 1 Adr Reps 1 Ord Shs
No change
13,240
$55,000 0.03%
Cybin Inc F
No change
42,000
$11,000 0.01%
Adaptimmune Therapeutics-adr
No change
11,192
$10,000 0.00%
No transactions found
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