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GMT Capital Corp

SEC Form 13F institutional filer · CIK 0001106191

13F-HR · 19 reported holdings · 2026-03-31

GMT Capital Corp is a registered investment advisor.

Reported long-US-equity value

$0.90B

Top-10 concentration

94.0%

GMT Capital Corp — $904M AUM allocation strategy

GMT Capital Corp files SEC Form 13F and reports $904M of long US equity value across 19 reported holdings for 2026-03-31.

Its largest sector bet is Industrials 43.2%, followed by Communication Services 21.8% and Financials 17.4%.

The top 10 holdings account for 94% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

GMT Capital Corp — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$904M

total across 19 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

94% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$AXP$UAL

+$AXP +915K sh · +$12.5M+$UAL +47.8K sh · −$13.8M

Biggest trims (shares)

$MOS$MGM$UBER

−$MOS −791K sh · −$18.8M−$MGM −254K sh · −$9.01M−$UBER −103K sh · −$9.41M

Added from nil (new positions)

$FIS$AMZN$OMC$MSFT$VST

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

None this quarter

Sector allocation (share of reported value)

Industrials 43%Communication Services 22%Financials 17%Consumer Discretionary 8%Information Technology 6%Utilities 3%Materials 0%SECTORS
  • $XLIIndustrials43.2%
  • $XLCCommunication Services21.8%
  • $XLFFinancials17.4%
  • $XLYConsumer Discretionary8.4%
  • $XLKInformation Technology5.8%
  • $XLUUtilities2.9%
  • $XLBMaterials0.4%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Passenger Airlines 42%Interactive Media & Services 17%Consumer Finance 10%Transaction & Payment Processing Services 7%Broadline Retail 6%Advertising 5%Systems Software 5%Electric Utilities 3%Other holdings 5%INDUSTRIES
  • Passenger Airlines42.4%
  • Interactive Media & Services16.6%
  • Consumer Finance9.6%
  • Transaction & Payment Processing Services7.3%
  • Broadline Retail6.2%
  • Advertising5.2%
  • Systems Software4.7%
  • Electric Utilities2.9%
  • Other holdings5.1%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$DALDelta Air Lines Inc4.42M$294M-36K32.5%
$UALUnited Airlines Holdings Inc969K$89.2M+47.8K9.9%
$GOOGLAlphabet Inc291K$83.4M-28.9K9.2%
$AXPAmerican Express Company4.17M$77.9M+915K8.6%
$GOOGAlphabet Inc. Class C Capital Stock232K$66.8M+07.4%
$FISFidelity National Information Services Inc1.41M$66M7.3%
$AMZNAmazon.com Inc271K$56.4M6.2%
$OMCOmnicom Group Inc629K$47.4M5.2%
$MSFTMicrosoft Corporation115K$42.4M4.7%
$VSTVistra Corp175K$26.3M2.9%

…and 9 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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