MCM

Masters Capital Management Portfolio holdings

AUM $3.9B Turnover 42.86%
1-Year Est. Return 50.88%
This Fund
S&P 500
This Quarter Est. Return
+3.51%
1 Year Est. Return
+50.88%
3 Year Est. Return
+142.45%
5 Year Est. Return
+125.46%
10 Year Est. Return
+791.85%
AUM
$3.03B
AUM Growth
+$575M
Cap. Flow
-$21.3M
Cap. Flow %
-0.7%
Top 10 Hldgs %
47.66%
Holding
109
New
33
Increased
17
Reduced
19
Closed
24
Avg Time Held Equity + Options
1.1 years
Top 10 Avg Time Held Equity + Options
0.8 years
Top 20 Avg Time Held Equity + Options
0.7 years
Avg Time Held Equity only
1.8 years
Top 10 Avg Time Held Equity only
1.6 years
Top 20 Avg Time Held Equity only
1.3 years

Top Buys

Rank Stock Value
1
UPS icon
United Parcel Service
UPS
+$21.4M
2
HRL icon
Hormel Foods
HRL
+$20.3M
3
BETA icon
Beta Technologies Inc
BETA
+$14.4M
4
MHK icon
Mohawk Industries
MHK
+$11.7M
5
RUN icon
Sunrun
RUN
+$8.32M

Top Sells

Rank Stock Value
1
HON icon
Honeywell
HON
+$19.5M
2
BMY icon
Bristol-Myers Squibb
BMY
+$17.5M
3
DOW icon
Dow Inc
DOW
+$16.4M
4
OLN icon
Olin
OLN
+$14.6M
5
NXE icon
NexGen Energy
NXE
+$11.9M

Sector Composition

Rank Sector Weight
1 Miscellaneous 77.63%
2 Industrials 6.49%
3 Technology 3.94%
4 Energy 3.32%
5 Consumer Discretionary 2.94%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
TLT icon
1
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$49B
$347M 11.46%
+4,000,000
New +$352M
2026 Q1
0 quarters
C icon
2
CALL
Citigroup
C
$205B
$227M 7.49%
2,000,000
+1,300,000
+186% +$148M
2020 Q2
23 quarters
UPS icon
3
CALL
United Parcel Service
UPS
$81.5B
$177M 5.85%
1,800,000
-200,000
-10% -$21.4M
2025 Q3
2 quarters
INTC icon
4
CALL
Intel
INTC
$519B
$132M 4.37%
3,000,000
+1,000,000
+50% +$45.8M
2023 Q1
12 quarters
BABA icon
5
CALL
Alibaba
BABA
$277B
$125M 4.15%
1,000,000
– –
2025 Q3
2 quarters
IBM icon
6
CALL
IBM
IBM
$215B
$121M 4%
500,000
+300,000
+150% +$81.2M
2025 Q3
2 quarters
GM icon
7
CALL
General Motors
GM
$72.9B
$96.8M 3.2%
1,300,000
-700,000
-35% -$55.6M
2025 Q3
2 quarters
W icon
8
CALL
Wayfair
W
$14.4B
$82.7M 2.73%
+1,100,000
New +$99.5M
2026 Q1
0 quarters
DAL icon
9
Delta Air Lines
DAL
$50.4B
$66.5M 2.2%
1,000,000
– –
2022 Q2
15 quarters
DAL icon
10
PUT
Delta Air Lines
DAL
$50.4B
$66.5M 2.2%
+1,000,000
New +$67.3M
2026 Q1
0 quarters
BMY icon
11
CALL
Bristol-Myers Squibb
BMY
$121B
$60.6M 2%
+1,000,000
New +$58.3M
2026 Q1
0 quarters
APD icon
12
CALL
Air Products & Chemicals
APD
$65.1B
$58.1M 1.92%
+200,000
New +$55.1M
2026 Q1
0 quarters
ORA icon
13
CALL
Ormat Technologies
ORA
$5.42B
$56M 1.85%
+500,000
New +$58M
2026 Q1
0 quarters
BWA icon
14
CALL
BorgWarner
BWA
$11.9B
$54.3M 1.79%
1,000,000
– –
2025 Q3
2 quarters
ECL icon
15
CALL
Ecolab
ECL
$80.7B
$53.2M 1.76%
+200,000
New +$56.4M
2026 Q1
0 quarters
CLX icon
16
CALL
Clorox
CLX
$10.3B
$51.8M 1.71%
500,000
+184,500
+58% +$20.9M
2025 Q4
1 quarter
SLB icon
17
CALL
SLB Ltd
SLB
$72B
$51.4M 1.7%
1,000,000
-1,000,000
-50% -$48.5M
2024 Q4
5 quarters
MHK icon
18
Mohawk Industries
MHK
$8.13B
$49.2M 1.63%
500,000
+100,000
+25% +$11.7M
2025 Q3
2 quarters
UPS icon
19
United Parcel Service
UPS
$81.5B
$49.2M 1.63%
500,000
+200,000
+67% +$21.4M
2025 Q1
4 quarters
FCX icon
20
CALL
Freeport-McMoran
FCX
$100B
$47M 1.55%
800,000
+420,100
+111% +$25.4M
2024 Q1
8 quarters
YPF icon
21
CALL
YPF Sociedad Anonima ADS
YPF
$20.5B
$46.2M 1.53%
1,000,000
+380,000
+61% +$14.4M
2025 Q4
1 quarter
FLR icon
22
Fluor
FLR
$6.37B
$43.2M 1.43%
925,000
-175,000
-16% -$8.15M
2023 Q1
12 quarters
ASTS icon
23
CALL
AST SpaceMobile
ASTS
$12.6B
$41.4M 1.37%
+500,000
New +$47.2M
2026 Q1
0 quarters
ASTS icon
24
AST SpaceMobile
ASTS
$12.6B
$41.4M 1.37%
500,000
– –
2024 Q1
8 quarters
BA icon
25
CALL
Boeing
BA
$146B
$39.8M 1.32%
200,000
-300,000
-60% -$68.3M
2025 Q4
1 quarter
1
2 3 4 5

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SCM
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LCM
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CIP
Champlain Investment Partners Burlington, Vermont $3.89B AUM 16.15% 1-Year Est. Return
FFGIM
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AC
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GL
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BOK
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LNC
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Masters Capital Management's Q1 2026 Portfolio in Review

As of Q1 2026, Masters Capital Management held 109 positions worth $3.03B, up 23% from $2.45B the previous quarter. Its ten largest holdings account for 48% of the portfolio.

Masters Capital Management's Q1 2026 filing shows 33 new, 17 increased, 19 reduced and 24 closed positions. Its largest new stake was Hormel Foods: 850,000 shares worth $19.3M. The largest sale was Honeywell, an estimated $19.5M.

By sector, the portfolio is most concentrated in Miscellaneous at 78% of assets, up from 71% a quarter earlier, followed by Industrials and Technology.

  • Masters Capital Management's largest Q1 2026 buy was Hormel Foods: 850,000 shares worth $19.3M.
  • Masters Capital Management added most to United Parcel Service in Q1 2026, an estimated $21.4M increase.
  • Masters Capital Management's biggest Q1 2026 reduction was NexGen Energy, cutting an estimated $11.9M.
  • Masters Capital Management fully exited Honeywell in Q1 2026, selling an estimated $19.5M.
  • Masters Capital Management's ten largest holdings make up 48% of its $3.03B portfolio in Q1 2026.
  • Masters Capital Management opened 33 new positions and closed 24 in Q1 2026.
  • Masters Capital Management's portfolio value rose 23% quarter-over-quarter to $3.03B.

Based on Masters Capital Management's 13F filing for Q1 2026, filed 15 May 2026.