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Portman Square Capital LLP

SEC Form 13F institutional filer · CIK 0001966898

13F-HR · 12 reported holdings · 2026-03-31

Reported long-US-equity value

$0.25B

Top-10 concentration

98.1%

Portman Square Capital LLP — $250M AUM allocation strategy

Portman Square Capital LLP files SEC Form 13F and reports $250M of long US equity value across 12 reported holdings for 2026-03-31.

Its largest sector bet is Information Technology 43.7%, followed by Materials 21.8% and Utilities 20.5%.

The top 10 holdings account for 98% 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.

Portman Square Capital LLP — latest SEC 13F insights

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

$250M

total across 12 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

98% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$MCHP$BA$PCG

+$MCHP +1.02M sh · +$58.5M+$BA +230K sh · +$10.7M+$PCG +177K sh · +$3.32M

Biggest trims (shares)

$ARES$ALB$HPE

−$ARES −188K sh · −$13.9M−$ALB −125K sh · +$5.02M−$HPE −22.9K sh · −$833K

Added from nil (new positions)

$ORCL$CRM$O

3 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$KKR$COIN$WEC

$KKR ($20.9M last qtr)$COIN ($651K last qtr)$WEC ($428K last qtr)

Sector allocation (share of reported value)

Information Technology 44%Materials 22%Utilities 21%Industrials 9%Financials 5%Real Estate 0%SECTORS
  • $XLKInformation Technology43.7%
  • $XLBMaterials21.8%
  • $XLUUtilities20.5%
  • $XLIIndustrials9.2%
  • $XLFFinancials4.6%
  • $XLREReal Estate0.2%

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)

Semiconductors 29%Specialty Chemicals 22%Multi-Utilities 19%Aerospace & Defense 9%Technology Hardware, Storage & Peripherals 8%Application Software 7%Asset Management & Custody Banks 5%Electric Utilities 2%Other holdings 0%INDUSTRIES
  • Semiconductors29.3%
  • Specialty Chemicals21.8%
  • Multi-Utilities18.8%
  • Aerospace & Defense9.2%
  • Technology Hardware, Storage & Peripherals7.5%
  • Application Software6.9%
  • Asset Management & Custody Banks4.6%
  • Electric Utilities1.7%
  • Other holdings0.2%

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
$MCHPMicrochip Technology Incorporated1.18M$67.5M+1.02M27.0%
$ALBAlbemarle Corporation628K$54.5M-125K21.8%
$NEENextEra Energy Inc485K$41.4M-5.4K16.6%
$BABoeing Company356K$23M+230K9.2%
$HPEHewlett Packard Enterprise Company409K$18.8M-22.9K7.5%
$ARESAres Management Corporation312K$11.4M-188K4.6%
$ORCLOracle Corporation67K$9.85M3.9%
$CRMSalesforce Inc54.6K$7.35M2.9%
$ONON Semiconductor Corporation96.1K$5.95M+62.6K2.4%
$PCGPacific Gas & Electric Co315K$5.53M+177K2.2%

…and 2 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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