Q2 2026 13F · SEC CIK 1783139

III Capital Management

Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $384.4M
Reported positions: 44
Top holdings a year, 3 yrs: +12.7%
Assets under management: $88.2B

III Capital Management is a hedge fund that reported 44 positions worth $384.4M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were State Str Spdr S&p 500 ETF T (SPY, 64.9%), Ishares Tr (HYG, 6.4%), Ishares Tr (IJH, 2.5%). A portfolio copying its top holdings returned 12.7% a year over the last 3 years, against 22.3% for the S&P 500.

III Capital Management holdings all 44 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

III Capital Management 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
SPYState Str Spdr S&p 500 ETF T	64.9%	59.6%	333,951	+49.2%	$249.4M
HYGIshares Tr	6.4%	New	308,000	—	$24.6M
IJHIshares Tr	2.5%	New	125,000	—	$9.6M
RSPInvesco Exchange Traded Fd T	2.2%	New	40,000	—	$8.5M
CRHCrh PLC	1.2%	1.6%	42,444	+16.3%	$4.5M
GPCGenuine Parts Co	1.2%	New	38,000	—	$4.5M
VGNTVersigent PLC	1.1%	New	102,199	—	$4.3M
HHyatt Hotels Corp	1.0%	1.6%	20,433	-22.6%	$4.0M
TMUST-Mobile US Inc	1.0%	1.3%	22,584	+49.7%	$3.8M
HRIHerc Hldgs Inc	0.9%	0.8%	24,742	+21.5%	$3.5M
VISNVistance Networks Inc	0.9%	2.5%	271,443	-19.9%	$3.5M
BURLBurlington Stores	0.9%	1.0%	10,930	+45.7%	$3.5M
WYNNWynn Resorts Ltd	0.8%	1.2%	33,405	+19.1%	$3.2M
ECHOEchoStar Corp	0.8%	0.5%	31,637	+196.2%	$3.2M
WDCWestern Digital Corp Com	0.8%	0.9%	5,000	-37.3%	$3.2M
BOOTBoot Barn Hldgs Inc	0.8%	New	18,000	—	$3.0M
PPLIPeople Inc	0.8%	0.8%	63,000	+28.6%	$2.9M
UBERUber Technologies Inc	0.8%	0.9%	40,099	+28.7%	$2.9M
RTORentokil Initial PLC	0.7%	1.3%	100,684	+3.6%	$2.9M
NXSTNexstar Media Group Inc	0.7%	New	15,500	—	$2.8M
URBNUrban Outfitters Inc	0.7%	1.4%	38,294	-30.2%	$2.7M
MHKMohawk Inds Inc	0.7%	1.0%	20,897	-19.5%	$2.5M
CCLCarnival Corp Ltd	0.6%	New	86,820	—	$2.5M
65339F655NextEra Energy 7.375 15-Feb-2029 PEPS	0.6%	1.0%	50,000	+0.0%	$2.4M
METAMeta Platforms Inc	0.6%	0.9%	4,000	+0.2%	$2.3M
BYDBoyd Gaming Corp	0.6%	0.7%	25,000	+28.6%	$2.2M
WMGWarner Music Group Corp Cl A	0.6%	New	79,000	—	$2.1M
GLDSpdr Gold Tr	0.5%	0.2%	5,566	+422.1%	$2.1M
BKNGBooking Holdings Inc	0.5%	1.2%	11,450	+1485.9%	$2.0M
MATMattel Inc	0.5%	0.9%	132,109	-8.6%	$1.8M
FOXAFox Corp - Class A	0.4%	New	32,587	—	$1.7M
DRVNDriven Brands Hldgs Inc	0.4%	0.4%	109,020	+45.8%	$1.5M
MUMicron Technology Inc	0.4%	New	1,300	—	$1.5M
AMDAdvanced Micro Devices Inc	0.3%	New	2,200	—	$1.3M
VSNTVVersant Media Group Inc	0.3%	0.5%	30,000	+0.5%	$1.1M
SNDKSandisk Corp	0.3%	New	475	—	$1.1M
MIDDMiddleby Corp	0.3%	New	6,000	—	$1.0M
WHWyndham Hotels & Resorts Inc	0.3%	0.4%	12,145	+2.3%	$1.0M
CHTRCharter Communications Inc	0.3%	1.1%	6,748	-44.0%	$960K
IGVIshares Tr	0.2%	New	10,000	—	$906K
PENNPenn Entertainment Inc	0.1%	0.6%	25,330	-74.9%	$541K
EXPEExpedia Group Inc	0.1%	New	2,000	—	$512K
RLRalph Lauren Corp	0.1%	0.9%	1,127	-82.4%	$452K
INTCIntel Corp	0.1%	New	2,900	—	$405K

What III Capital Management bought and sold in Q2 2026, against Q1 2026.

Sold out

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +10.5% /yr; S&P 500 +11.7%
3 years: +12.7% /yr; S&P 500 +22.3%
5 years: -0.9% /yr; S&P 500 +10.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$384.4M	44
Q1 2026	$244.2M	45
Q4 2025	$426.3M	40
Q3 2025	$388.1M	43
Q2 2025	$498.3M	44
Q1 2025	$281.2M	35
Q4 2024	$330.3M	27
Q3 2024	$213.5M	50
Q2 2024	$238.1M	62
Q1 2024	$246.5M	65
Q4 2023	$128.5M	55
Q3 2023	$107.6M	71

Questions about III Capital Management's portfolio

What stocks does III Capital Management own?

III Capital Management's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 44 positions worth $384.4M. The largest are State Str Spdr S&p 500 ETF T (SPY) at 64.9%, Ishares Tr (HYG) at 6.4%, Ishares Tr (IJH) at 2.5%, Invesco Exchange Traded Fd T (RSP) at 2.2% and Crh PLC (CRH) at 1.2%.

What did III Capital Management buy last quarter?

In Q2 2026, III Capital Management added a new position in Ishares Tr (HYG), a new position in Ishares Tr (IJH), a new position in Invesco Exchange Traded Fd T (RSP), a new position in Genuine Parts Co (GPC), a new position in Versigent PLC (VGNT), Booking Holdings Inc (BKNG) (+1485.9% shares), Spdr Gold Tr (GLD) (+422.1% shares) and EchoStar Corp (ECHO) (+196.2% shares), compared with its Q1 2026 filing.

What did III Capital Management sell last quarter?

In Q2 2026, III Capital Management sold all of Ishares Tr (EMB), sold all of Ishares Tr (EEM), sold all of Red Rock Resorts - Cl A (RRR), sold all of Flutter Entmt PLC (FLUT), sold all of Etsy Inc (ETSY), Ralph Lauren Corp (RL) (-82.4% shares), Penn Entertainment Inc (PENN) (-74.9% shares) and Charter Communications Inc (CHTR) (-44.0% shares), compared with its Q1 2026 filing.

How has III Capital Management's portfolio performed?

A portfolio copying III Capital Management's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.7% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: +10.5% against +11.7%. Over 5 years: -0.9% a year against +10.6%.

When is III Capital Management's next 13F filing due?

13F filings are due 45 days after each quarter ends. III Capital Management's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does III Capital Management manage?

III Capital Management reported $88.2B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $384.4M.