Skip to content
Disclosery

Philosophy Capital Management LLC

Follow

13F filer, CIK 1869199, Alamo, CA

Philosophy Capital Management LLC reported $2,038,476,477 across 41 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-14. Its ten largest share positions make up 58.01% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000935836-25-000507

The filing omits holdings under a confidential treatment request (H8). A later amendment may add them.

Period
2025-06-30
Reported value
$2.04B
Holdings
41
Top 10 weight
58.01%
New
8
Sold out
7

Largest buys vs the previous quarter

SecurityShares changeApprox. value
PCGnew+1,927,196$26.9M
KRCnew+502,375$17.2M
GLXYnew+700,000$15.3M
GLNGadded+222,366$9.16M
CXWnew+417,062$8.79M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
BABAexited-121,840-$16.1M
DKreduced-744,323-$15.8M
DLTRexited-166,638-$12.5M
BGCreduced-1,189,427-$12.2M
VERINT SYS INCexited-569,623-$10.2M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR 0000935836-25-000507, largest first. % of portfolio is the value over $794,056,082, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
GLNGGOLAR LNG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,452,027 shares; 2024Q4: 2,147,586 shares; 2025Q1: 2,368,500 shares; 2025Q2: 2,590,866 shares 2,590,866$107M13.44%+222,366The filing omitted confidential holdings, a later amendment may add them.Timeline
CZRCAESARS ENTERTAINMENT INC NEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,083,390 shares; 2024Q4: 2,037,145 shares; 2025Q1: 2,123,834 shares; 2025Q2: 2,079,361 shares 2,079,361$59M7.43%-44,473The filing omitted confidential holdings, a later amendment may add them.Timeline
TLNTALEN ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 328,591 shares; 2024Q4: 180,000 shares; 2025Q1: 193,788 shares; 2025Q2: 200,000 shares 200,000$58.2M7.32%+6,212The filing omitted confidential holdings, a later amendment may add them.Timeline
ETENERGY TRANSFER L PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,759,085 shares; 2024Q4: 2,519,649 shares; 2025Q1: 2,568,231 shares; 2025Q2: 2,568,231 shares 2,568,231$46.6M5.86%0The filing omitted confidential holdings, a later amendment may add them.Timeline
TALOTALOS ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,065,514 shares; 2024Q4: 3,813,424 shares; 2025Q1: 4,251,212 shares; 2025Q2: 4,485,413 shares 4,485,413$38M4.79%+234,201The filing omitted confidential holdings, a later amendment may add them.Timeline
GEOGEO GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,644,005 shares; 2024Q4: 160,129 shares; 2025Q1: 1,180,251 shares; 2025Q2: 1,539,742 shares 1,539,742$36.9M4.64%+359,491The filing omitted confidential holdings, a later amendment may add them.Timeline
MTCHMATCH GROUP INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 349,999 shares; 2025Q1: 910,923 shares; 2025Q2: 1,150,451 shares 1,150,451$35.5M4.48%+239,528The filing omitted confidential holdings, a later amendment may add them.Timeline
PCGPG&E CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,927,196 shares 1,927,196$26.9M3.38%newThe filing omitted confidential holdings, a later amendment may add them.Timeline
SBLKSTAR BULK CARRIERS CORP.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,048,628 shares; 2024Q4: 1,379,329 shares; 2025Q1: 1,519,259 shares; 2025Q2: 1,547,777 shares 1,547,777$26.7M3.36%+28,518The filing omitted confidential holdings, a later amendment may add them.Timeline
ALITALIGHT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,710,304 shares; 2024Q4: 3,872,173 shares; 2025Q1: 4,368,108 shares; 2025Q2: 4,618,101 shares 4,618,101$26.1M3.29%+249,993The filing omitted confidential holdings, a later amendment may add them.Timeline
CMCSACOMCAST CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 775,000 shares; 2025Q2: 665,746 shares 665,746$23.8M2.99%-109,254The filing omitted confidential holdings, a later amendment may add them.Timeline
SOLVSOLVENTUM CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 207,780 shares; 2025Q1: 310,066 shares; 2025Q2: 310,066 shares 310,066$23.5M2.96%0The filing omitted confidential holdings, a later amendment may add them.Timeline
TDAYUSA TODAY CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,442,028 shares; 2024Q4: 5,356,491 shares; 2025Q1: 5,885,461 shares; 2025Q2: 5,885,461 shares 5,885,461$21.1M2.65%0The filing omitted confidential holdings, a later amendment may add them.Timeline
PUMPPROPETRO HLDG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 2,289,136 shares; 2025Q1: 2,820,887 shares; 2025Q2: 3,526,953 shares 3,526,953$21.1M2.65%+706,066The filing omitted confidential holdings, a later amendment may add them.Timeline
CPAYCORPAY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 50,962 shares; 2024Q4: 51,011 shares; 2025Q1: 50,713 shares; 2025Q2: 63,213 shares 63,213$21M2.64%+12,500The filing omitted confidential holdings, a later amendment may add them.Timeline
KSPIKASPI KZ JSCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 200,000 shares; 2025Q1: 239,054 shares; 2025Q2: 240,154 shares 240,154$20.4M2.57%+1,100The filing omitted confidential holdings, a later amendment may add them.Timeline
BGCBGC GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,945,138 shares; 2024Q4: 2,959,267 shares; 2025Q1: 2,991,533 shares; 2025Q2: 1,802,106 shares 1,802,106$18.4M2.32%-1,189,427The filing omitted confidential holdings, a later amendment may add them.Timeline
BBIOBRIDGEBIO PHARMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 391,583 shares; 2025Q2: 426,583 shares 426,583$18.4M2.32%+35,000The filing omitted confidential holdings, a later amendment may add them.Timeline
NFENEW FORTRESS ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,715,442 shares; 2025Q1: 4,362,138 shares; 2025Q2: 5,242,063 shares 5,242,063$17.4M2.19%+879,925The filing omitted confidential holdings, a later amendment may add them.Timeline
KRCKILROY REALTY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 502,375 shares 502,375$17.2M2.17%newThe filing omitted confidential holdings, a later amendment may add them.Timeline
PRKSUNITED PARKS & RESORTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 386,004 shares; 2024Q4: 302,732 shares; 2025Q1: 412,534 shares; 2025Q2: 357,818 shares 357,818$16.9M2.12%-54,716The filing omitted confidential holdings, a later amendment may add them.Timeline
WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,239,645 shares; 2025Q2: 1,439,645 shares 1,439,645$16.5M2.08%+200,000The filing omitted confidential holdings, a later amendment may add them.
GLXYGALAXY DIGITAL INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 700,000 shares 700,000$15.3M1.93%newThe filing omitted confidential holdings, a later amendment may add them.Timeline
SSNCSS&C TECH HLDGSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 153,759 shares; 2025Q1: 167,638 shares; 2025Q2: 182,638 shares 182,638$15.1M1.9%+15,000The filing omitted confidential holdings, a later amendment may add them.Timeline
DKDELEK US HLDGS INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,145,132 shares; 2024Q4: 1,433,223 shares; 2025Q1: 1,394,323 shares; 2025Q2: 650,000 shares 650,000$13.8M1.73%-744,323The filing omitted confidential holdings, a later amendment may add them.Timeline
FLUTFLUTTER ENTMT PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 100,000 shares; 2024Q4: 100,100 shares; 2025Q1: 43,324 shares; 2025Q2: 37,192 shares 37,192$10.6M1.34%-6,132The filing omitted confidential holdings, a later amendment may add them.Timeline
OFIXORTHOFIX MED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 370,763 shares; 2025Q2: 845,280 shares 845,280$9.42M1.19%+474,517The filing omitted confidential holdings, a later amendment may add them.Timeline
CXWCORECIVIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 417,062 shares 417,062$8.79M1.11%newThe filing omitted confidential holdings, a later amendment may add them.Timeline
JAKKJAKKS PAC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 278,415 shares; 2024Q4: 321,319 shares; 2025Q1: 332,594 shares; 2025Q2: 373,859 shares 373,859$7.77M0.98%+41,265The filing omitted confidential holdings, a later amendment may add them.Timeline
MRVIMARAVAI LIFESCIENCES HLDGS IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,593,268 shares; 2025Q2: 2,593,268 shares 2,593,268$6.25M0.79%0The filing omitted confidential holdings, a later amendment may add them.Timeline
LDILOANDEPOT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 2,389,919 shares; 2025Q1: 4,141,164 shares; 2025Q2: 4,210,201 shares 4,210,201$5.35M0.67%+69,037The filing omitted confidential holdings, a later amendment may add them.Timeline
HPPHUDSON PAC PPTYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,292,385 shares 1,292,385$3.54M0.45%newThe filing omitted confidential holdings, a later amendment may add them.Timeline
THTARGET HOSPITALITY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 254,493 shares 254,493$1.81M0.23%newThe filing omitted confidential holdings, a later amendment may add them.Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
SPYSTATE STR SPDR S&P 500 ETF T SHSput10,500$649M+5,500
QQQINVESCO QQQ TR COMput6,000$331M+4,500
IWMISHARES TR SHSput10,500$227M-3,290
PCGPG&E CORP Stockcall22,000$30.7Mnew
GEOGEO GROUP INC COMcall1,500$3.59M0
ALITALIGHT INC COM CL Acall5,410$3.06Mnew
CZRCAESARS ENTERTAINMENT INC NE COMcall245$696K-7,298
NFENEW FORTRESS ENERGY INC COM CL Acall290$96.3K-7,466

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
BABAALIBABA GROUP HLDG LTD121,840$16.1Mshares
DLTRDOLLAR TREE INC166,638$12.5Mshares
VERINT SYS INCVERINT SYS INC569,623$10.2Mshares
VYXNCR VOYIX CORPORATION753,463$7.35Mshares
ARVNARVINAS INC996,032$6.99Mshares
EVHEVOLENT HEALTH INC521,192$4.94Mshares
GLNGGOLAR LNG LTD536$2.04Mcall

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000935836-25-000507 base2025-08-14acceptance time not in the bulk data set