Q2 2026 13F · SEC CIK 2108411

Intercapital, LLC

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

Reported 13F value: $227.9M
Reported positions: 64
Holdings vs S&P 500, 3 yrs: —
Assets under management: $198.7M

Intercapital, LLC is a hedge fund that reported 64 positions worth $227.9M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Microsoft Corp (MSFT, 8.8%), Reddit Inc (RDDT, 6.8%), Amazon Com Inc (AMZN, 6.7%).

Intercapital, LLC holdings largest 50 of 64 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.

Intercapital, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
MSFTMicrosoft Corp	8.8%	6.1%	53,590	+79.2%	$20.0M
RDDTReddit Inc	6.8%	7.3%	89,000	-9.6%	$15.4M
AMZNAmazon Com Inc	6.7%	6.8%	64,000	+8.5%	$15.3M
CRDOCredo Technology Group Holdi	6.6%	1.1%	55,500	+174.5%	$15.1M
AFRMAffirm Hldgs Inc	5.6%	5.9%	156,568	-32.9%	$12.8M
TSMTaiwan Semiconductor Manufac	5.1%	2.8%	24,200	+62.4%	$11.6M
AVGOBroadcom Inc	4.6%	3.2%	27,900	+50.8%	$10.5M
COMPCompass Inc	4.5%	3.5%	825,225	-5.0%	$10.2M
DAVEDave Inc	4.3%	3.8%	26,000	-34.0%	$9.7M
NVDANvidia Corporation	4.3%	1.2%	48,406	+287.2%	$9.7M
DELLDell Technologies Inc	3.7%	—	19,500	—	$8.4M
SESea Ltd	3.0%	3.2%	70,694	+1.4%	$6.8M
BABoeing Co	2.8%	4.1%	29,000	-21.6%	$6.3M
MELIMercadolibre Inc	2.3%	5.5%	3,080	-46.4%	$5.2M
FIGFigma Inc	2.3%	0.8%	288,739	+311.5%	$5.2M
CELHCelsius Holding Inc.	1.9%	—	150,000	—	$4.4M
CRWVCoreweave Inc	1.6%	—	36,500	—	$3.6M
CRKComstock Res Inc	1.2%	—	182,000	—	$2.7M
RKTRocket Cos Inc	1.1%	0.3%	154,840	+305.9%	$2.4M
SHOPShopify Inc	1.0%	1.2%	20,595	+10.8%	$2.4M
WYNNWynn Resorts Ltd	1.0%	—	24,000	—	$2.3M
MUMicron Technology Inc	1.0%	0.8%	2,000	-55.6%	$2.3M
NFLXNetflix Inc.	1.0%	—	32,000	—	$2.3M
ONONOn Hldg AG	1.0%	0.5%	64,500	+126.3%	$2.3M
TTWOTake-Two Interactive Softwar	1.0%	—	9,100	—	$2.3M
LPLALpl Finl Hldgs Inc	1.0%	1.3%	8,000	+0.0%	$2.3M
AMDAdvanced Micro Devices Inc	1.0%	—	3,800	—	$2.2M
DUOLDuolingo Inc	0.9%	3.3%	18,000	-70.0%	$2.1M
VSTVistra Corp	0.9%	—	12,900	—	$2.0M
OUSTOuster Inc	0.9%	—	32,000	—	$2.0M
JPMJpmorgan Chase & Co	0.9%	1.3%	6,000	-25.0%	$2.0M
APPApplovin Corp	0.8%	0.7%	3,500	+16.7%	$1.8M
BROSDutch Bros Inc Class A	0.8%	0.7%	25,000	+4.4%	$1.8M
RTXRtx Corporation	0.7%	0.7%	8,050	+23.8%	$1.5M
ZZillow Group Inc	0.7%	—	48,000	—	$1.5M
KWEBKraneshares Trust	0.6%	—	60,000	—	$1.5M
BABAAlibaba Group Hldg Ltd	0.6%	0.8%	15,000	+36.4%	$1.4M
EXCExelon Corp	0.6%	—	30,000	—	$1.4M
CRCLCircle Internet Group Inc	0.6%	3.0%	20,000	-65.0%	$1.3M
CEGConstellation Energy Corp	0.5%	—	5,000	—	$1.2M
HIMSHims & Hers Health Inc	0.5%	1.8%	32,009	-79.8%	$1.1M
WDCWestern Digital Corp Com	0.5%	0.7%	1,650	-63.3%	$1.1M
HSAIHesai Group	0.4%	—	54,710	—	$997K
BXBlackstone Inc	0.4%	—	8,000	—	$941K
PDDPdd Holdings Inc	0.3%	0.5%	10,000	+13.6%	$763K
VGVenture Global Inc	0.3%	1.1%	67,471	-44.9%	$751K
PTONPeloton Interactive Inc	0.3%	—	120,000	—	$709K
NOWServicenow Inc	0.3%	—	7,000	—	$695K
BEBloom Energy Corp	0.3%	—	1,902	—	$576K
HXLHexcel Corp New	0.2%	—	5,000	—	$500K

What Intercapital, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: —
3 years: —
5 years: —

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	$227.9M	64
Q1 2026	$180.7M	66
Q4 2025	$190.6M	67

Questions about Intercapital, LLC's portfolio

What stocks does Intercapital, LLC own?

Intercapital, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 64 positions worth $227.9M. The largest are Microsoft Corp (MSFT) at 8.8%, Reddit Inc (RDDT) at 6.8%, Amazon Com Inc (AMZN) at 6.7%, Credo Technology Group Holdi (CRDO) at 6.6% and Affirm Hldgs Inc (AFRM) at 5.6%.

What did Intercapital, LLC buy last quarter?

In Q2 2026, Intercapital, LLC added Figma Inc (FIG) (+311.5% shares), Rocket Cos Inc (RKT) (+305.9% shares) and Nvidia Corporation (NVDA) (+287.2% shares), compared with its Q1 2026 filing.

What did Intercapital, LLC sell last quarter?

In Q2 2026, Intercapital, LLC cut from its top 50 Lululemon Athletica Inc (LULU), cut from its top 50 Wix Com Ltd (WIX), cut from its top 50 Rivian Automotive Inc (RIVN), cut from its top 50 Prologis Inc (PLD), cut from its top 50 Fidelity Wise Origin Bitcoin (FBTC), Hims & Hers Health Inc (HIMS) (-79.8% shares), Duolingo Inc (DUOL) (-70.0% shares) and Circle Internet Group Inc (CRCL) (-65.0% shares), compared with its Q1 2026 filing.

When is Intercapital, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Intercapital, LLC'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 Intercapital, LLC manage?

Intercapital, LLC reported $198.7M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $227.9M.