Q4 2025 · 13F-HR
INTERCAPITAL, LLCholdings as filed
Filed 2026-02-13 · accession 0001214659-26-001656
$284.0M
Reported value
92
Positions
2025-12-31
Period end
The Brief · INTERCAPITAL, LLC · Q4 2025
AI · grounded in 13F
INTERCAPITAL, LLC established a new position in RIVN valued at $30.8M. The fund also initiated new stakes in BA for $29.7M and AMZN for $25.6M. Additional new positions include COMP at $20.2M and TLT at $16.3M. The fund ended the period with 77 positions and total AUM of $283.9M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 76954A103 | RIVN | RIVIAN AUTOMOTIVE INC | $20.3M | 7.15% | 1,030,500 | CALL | NONE |
| 097023105 | BA | BOEING CO | $18.9M | 6.65% | 87,000 | CALL | NONE |
| 023135106 | AMZN | AMAZON COM INC | $15.5M | 5.45% | 67,058 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $15.0M | 5.28% | 52,500 | Common | SOLE |
| 20464U100 | COMP | COMPASS INC | $14.5M | 5.11% | 1,371,662 | Common | SOLE |
| 00827B106 | AFRM | AFFIRM HLDGS INC | $13.4M | 4.71% | 179,762 | Common | SOLE |
| 097023105 | BA | BOEING CO | $10.8M | 3.81% | 49,800 | Common | SOLE |
| 76954A103 | RIVN | RIVIAN AUTOMOTIVE INC | $10.5M | 3.69% | 532,176 | Common | SOLE |
| 464287432 | TLT | ISHARES TR | $10.2M | 3.60% | 117,200 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $10.2M | 3.58% | 44,000 | CALL | NONE |
| 74340W103 | PLD | PROLOGIS INC. | $6.4M | 2.26% | 50,350 | Common | SOLE |
| 92189F676 | SMH | VANECK ETF TRUST | $6.3M | 2.22% | 17,500 | PUT | NONE |
| 464287432 | TLT | ISHARES TR | $6.1M | 2.15% | 70,000 | CALL | NONE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG | $5.7M | 2.01% | 18,825 | Common | SOLE |
| 20464U100 | COMP | COMPASS INC | $5.7M | 2.01% | 540,200 | CALL | NONE |
| 46429B671 | MCHI | ISHARES TR | $5.3M | 1.87% | 88,200 | Common | SOLE |
| 87612E106 | TGT | TARGET CORP | $4.9M | 1.73% | 50,200 | CALL | NONE |
| 68389X105 | ORCL | ORACLE CORP | $4.9M | 1.72% | 25,000 | PUT | NONE |
| 336433107 | FSLR | FIRST SOLAR INC | $4.8M | 1.71% | 18,565 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $4.8M | 1.68% | 37,413 | Common | SOLE |
| M98068105 | WIX | WIX COM LTD | $4.8M | 1.67% | 45,775 | Common | SOLE |
| 040919102 | ARKB | ARK 21SHARES BITCOIN ETF | $4.6M | 1.64% | 160,000 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $2.9M | 1.03% | 123,733 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $2.8M | 0.98% | 19,000 | Common | SOLE |
| 983134107 | WYNN | WYNN RESORTS LTD | $2.6M | 0.93% | 21,920 | Common | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORP | $2.6M | 0.91% | 15,000 | Common | SOLE |
| 247361702 | DAL | DELTA AIR LINES INC DEL | $2.6M | 0.90% | 37,000 | Common | SOLE |
| 550021109 | LULU | LULULEMON ATHLETICA INC | $2.1M | 0.75% | 10,200 | Common | SOLE |
| 464287184 | FXI | ISHARES TR | $2.1M | 0.74% | 55,150 | Common | SOLE |
| 70614W100 | PTON | PELOTON INTERACTIVE INC | $2.1M | 0.74% | 340,000 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $2.0M | 0.72% | 4,200 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $2.0M | 0.71% | 11,000 | Common | SOLE |
| 46138E800 | CQQQ | INVESCO EXCH TRADED FD TR | $2.0M | 0.70% | 38,000 | Common | SOLE |
| 26142V105 | DKNG | DRAFTKINGS INC NEW | $1.9M | 0.67% | 55,000 | PUT | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.9M | 0.66% | 10,000 | PUT | NONE |
| 428291108 | HXL | HEXCEL CORP NEW | $1.8M | 0.65% | 25,000 | Common | SOLE |
| 056752108 | BIDU | BAIDU INC | $1.8M | 0.62% | 13,500 | Common | SOLE |
| 98954M200 | Z | ZILLOW GROUP INC | $1.7M | 0.60% | 25,000 | CALL | NONE |
| 931142103 | WMT | WALMART INC | $1.7M | 0.59% | 15,000 | PUT | NONE |
| 58733R102 | MELI | MERCADOLIBRE INC | $1.7M | 0.59% | 826 | Common | SOLE |
| 565394103 | CART | MAPLEBEAR INC | $1.6M | 0.58% | 36,320 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $1.5M | 0.54% | 9,595 | Common | SOLE |
| 92847W103 | VITL | VITAL FARMS INC | $1.5M | 0.53% | 47,000 | Common | SOLE |
| 26701L100 | BROS | DUTCH BROS INC | $1.5M | 0.52% | 23,945 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.4M | 0.51% | 7,725 | Common | SOLE |
| G66721104 | NCLH | NORWEGIAN CRUISE LINE HLDG | $1.4M | 0.49% | 62,155 | Common | SOLE |
| 00827B106 | AFRM | AFFIRM HLDGS INC | $1.4M | 0.48% | 18,500 | CALL | NONE |
| 722304102 | PDD | PDD HOLDINGS INC | $1.3M | 0.48% | 11,900 | Common | SOLE |
| H5919C104 | ONON | ON HLDG AG | $1.3M | 0.47% | 28,500 | Common | SOLE |
| 55087P104 | LYFT | LYFT INC | $1.2M | 0.43% | 63,721 | Common | SOLE |
| 45841N107 | IBKR | INTERACTIVE BROKERS GROUP | $1.2M | 0.43% | 19,000 | Common | SOLE |
| 87612E106 | TGT | TARGET CORP | $1.2M | 0.43% | 12,500 | Common | SOLE |
| 46429B671 | MCHI | ISHARES TR | $1.2M | 0.43% | 20,100 | CALL | NONE |
| 98954M200 | Z | ZILLOW GROUP INC | $1.1M | 0.40% | 16,600 | Common | SOLE |
| 732908108 | PONY | PONY AI INC | $1.1M | 0.39% | 76,400 | Common | SOLE |
| 921910709 | EDV | VANGUARD WORLD FD | $1.0M | 0.37% | 16,000 | Common | SOLE |
| M98068105 | WIX | WIX COM LTD | $1.0M | 0.37% | 10,000 | CALL | NONE |
| 03831W108 | APP | APPLOVIN CORP | $1.0M | 0.36% | 1,500 | Common | SOLE |
| 52110M109 | LAZ | LAZARD INC | $995,480 | 0.35% | 20,500 | Common | SOLE |
| 29977A105 | EVR | EVERCORE INC | $969,712 | 0.34% | 2,850 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $892,080 | 0.31% | 14,000 | PUT | NONE |
| 148929102 | CAVA | CAVA GROUP INC | $821,240 | 0.29% | 14,000 | CALL | NONE |
| 15135B101 | CNC | CENTENE CORP DEL | $802,425 | 0.28% | 19,500 | CALL | NONE |
| 88339J105 | TTD | THE TRADE DESK INC | $759,200 | 0.27% | 20,000 | CALL | NONE |
| 77311W101 | RKT | ROCKET COS INC | $738,487 | 0.26% | 38,145 | Common | SOLE |
| 880770102 | TER | TERADYNE INC | $735,528 | 0.26% | 3,800 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $705,075 | 0.25% | 7,520 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $693,053 | 0.24% | 41,401 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $692,200 | 0.24% | 2,000 | Common | SOLE |
| 98138H101 | WDAY | WORKDAY INC | $691,162 | 0.24% | 3,218 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $652,464 | 0.23% | 2,400 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $644,808 | 0.23% | 600 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $622,500 | 0.22% | 25,000 | Common | SOLE |
| 60770K107 | MRNA | MODERNA INC | $589,800 | 0.21% | 20,000 | CALL | NONE |
| 88339J105 | TTD | THE TRADE DESK INC | $569,400 | 0.20% | 15,000 | Common | SOLE |
| 74347R842 | UWM | PROSHARES TR | $515,104 | 0.18% | 10,955 | Common | SOLE |
| 093712107 | BE | BLOOM ENERGY CORP | $512,825 | 0.18% | 5,902 | Common | SOLE |
| 98422D105 | XPEV | XPENG INC | $507,000 | 0.18% | 25,000 | Common | SOLE |
| 92847W103 | VITL | VITAL FARMS INC | $495,070 | 0.17% | 15,500 | CALL | NONE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $472,761 | 0.17% | 8,098 | Common | SOLE |
| 86800U302 | SMCI | SUPER MICRO COMPUTER INC | $439,050 | 0.15% | 15,000 | Common | SOLE |
| 368736104 | GNRC | GENERAC HLDGS INC | $412,519 | 0.15% | 3,025 | Common | SOLE |
| 83304A106 | SNAP | SNAP INC | $403,500 | 0.14% | 50,000 | CALL | NONE |
| 75734B100 | RDDT | REDDIT INC | $344,805 | 0.12% | 1,500 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $334,020 | 0.12% | 380 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $330,045 | 0.12% | 500 | Common | SOLE |
| 22717L101 | CRON | CRONOS GROUP INC | $328,750 | 0.12% | 125,000 | Common | SOLE |
| 25461A338 | BOEU | DIREXION SHS ETF TR | $306,254 | 0.11% | 8,000 | Common | SOLE |
| 670100205 | NVO | NOVO-NORDISK A S | $305,280 | 0.11% | 6,000 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $261,230 | 0.09% | 1,000 | CALL | NONE |
| 58733R102 | MELI | MERCADOLIBRE INC | $201,426 | 0.07% | 100 | CALL | NONE |
| G65163100 | JOBY | JOBY AVIATION INC | $133,320 | 0.05% | 10,100 | CALL | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.