Skip to content
Disclosery

Philosophy Capital Management LLC

Follow

13F filer, CIK 1869199, Alamo, CA

Philosophy Capital Management LLC reported $2,196,786,799 across 42 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 51.3% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000935836-26-000099

Period
2025-12-31
Reported value
$2.2B
Holdings
42
Top 10 weight
51.3%
New
9
Sold out
15

Largest buys vs the previous quarter

SecurityShares changeApprox. value
COMPadded+2,415,477$25.5M
HPPnew+2,301,096$24.9M
ESTCnew+281,101$21.2M
GDSnew+570,140$19.9M
GMEnew+950,000$19.1M

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
TLNreduced-139,241-$52.2M
TALOexited-3,205,077-$30.7M
HPPexited-8,669,493-$23.9M
CMCSAexited-665,746-$20.9M
PRKSexited-357,818-$18.5M

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, Q4 2025

Share positions as resolved from 13F-HR 0000935836-26-000099, largest first. % of portfolio is the value over $854,075,965, 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; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,452,027 shares; 2024Q4: 2,147,586 shares; 2025Q1: 2,368,500 shares; 2025Q2: 2,590,866 shares; 2025Q3: 2,421,861 shares; 2025Q4: 2,376,098 shares 2,376,098$88.4M10.35%-45,763Timeline
COMPCOMPASS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 3,364,449 shares; 2025Q4: 5,779,926 shares 5,779,926$61.1M7.15%+2,415,477Timeline
ETENERGY TRANSFER L PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,759,085 shares; 2024Q4: 2,519,649 shares; 2025Q1: 2,568,231 shares; 2025Q2: 2,568,231 shares; 2025Q3: 2,538,231 shares; 2025Q4: 2,683,629 shares 2,683,629$44.3M5.18%+145,398Timeline
KRCKILROY REALTY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 502,375 shares; 2025Q3: 1,089,527 shares; 2025Q4: 1,117,889 shares 1,117,889$41.8M4.89%+28,362Timeline
PUMPPROPETRO HLDG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 2,289,136 shares; 2025Q1: 2,820,887 shares; 2025Q2: 3,526,953 shares; 2025Q3: 4,047,280 shares; 2025Q4: 3,904,155 shares 3,904,155$37.1M4.35%-143,125Timeline
PCGPG&E CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,927,196 shares; 2025Q3: 2,128,052 shares; 2025Q4: 2,143,248 shares 2,143,248$34.4M4.03%+15,196Timeline
CPAYCORPAY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 50,962 shares; 2024Q4: 51,011 shares; 2025Q1: 50,713 shares; 2025Q2: 63,213 shares; 2025Q3: 88,213 shares; 2025Q4: 110,708 shares 110,708$33.3M3.9%+22,495Timeline
TDAYUSA TODAY CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,442,028 shares; 2024Q4: 5,356,491 shares; 2025Q1: 5,885,461 shares; 2025Q2: 5,885,461 shares; 2025Q3: 6,288,119 shares; 2025Q4: 6,453,919 shares 6,453,919$33.2M3.89%+165,800Timeline
CXWCORECIVIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 417,062 shares; 2025Q3: 1,021,373 shares; 2025Q4: 1,712,801 shares 1,712,801$32.7M3.83%+691,428Timeline
SBLKSTAR BULK CARRIERS CORP.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,048,628 shares; 2024Q4: 1,379,329 shares; 2025Q1: 1,519,259 shares; 2025Q2: 1,547,777 shares; 2025Q3: 1,450,000 shares; 2025Q4: 1,650,000 shares 1,650,000$31.7M3.71%+200,000Timeline
SOLVSOLVENTUM CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 207,780 shares; 2025Q1: 310,066 shares; 2025Q2: 310,066 shares; 2025Q3: 343,998 shares; 2025Q4: 352,898 shares 352,898$28M3.27%+8,900Timeline
GEOGEO GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,644,005 shares; 2024Q4: 160,129 shares; 2025Q1: 1,180,251 shares; 2025Q2: 1,539,742 shares; 2025Q3: 1,980,498 shares; 2025Q4: 1,628,470 shares 1,628,470$26.3M3.07%-352,028Timeline
ICLRICON PUB LTD COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 79,634 shares; 2025Q4: 144,055 shares 144,055$26.2M3.07%+64,421Timeline
CZRCAESARS ENTERTAINMENT INC NEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,083,390 shares; 2024Q4: 2,037,145 shares; 2025Q1: 2,123,834 shares; 2025Q2: 2,079,361 shares; 2025Q3: 1,741,738 shares; 2025Q4: 1,100,000 shares 1,100,000$25.7M3.01%-641,738Timeline
HPPHUDSON PACIFIC PROPERTIES INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 2,301,096 shares 2,301,096$24.9M2.92%newTimeline
MCYMERCURY GENL CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 138,925 shares; 2025Q4: 256,380 shares 256,380$24.1M2.82%+117,455Timeline
TLNTALEN ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 328,591 shares; 2024Q4: 180,000 shares; 2025Q1: 193,788 shares; 2025Q2: 200,000 shares; 2025Q3: 200,000 shares; 2025Q4: 60,759 shares 60,759$22.8M2.67%-139,241Timeline
ESTCELASTIC N VQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 281,101 shares 281,101$21.2M2.48%newTimeline
RKTROCKET COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 630,304 shares; 2025Q4: 1,078,832 shares 1,078,832$20.9M2.45%+448,528Timeline
GDSGDS HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 570,140 shares 570,140$19.9M2.33%newTimeline
GMEGAMESTOP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 950,000 shares 950,000$19.1M2.23%newTimeline
VSTVISTRA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 95,962 shares 95,962$15.5M1.81%newTimeline
OFIXORTHOFIX MED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 370,763 shares; 2025Q2: 845,280 shares; 2025Q3: 883,608 shares; 2025Q4: 1,015,194 shares 1,015,194$15.4M1.8%+131,586Timeline
BBIOBRIDGEBIO PHARMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 391,583 shares; 2025Q2: 426,583 shares; 2025Q3: 385,000 shares; 2025Q4: 200,019 shares 200,019$15.3M1.79%-184,981Timeline
RRXREGAL REXNORD CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 106,395 shares 106,395$14.9M1.75%newTimeline
NNNEXTNAV INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 544,821 shares; 2025Q4: 878,183 shares 878,183$14.6M1.71%+333,362Timeline
FLUTFLUTTER ENTMT PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 100,000 shares; 2024Q4: 100,100 shares; 2025Q1: 43,324 shares; 2025Q2: 37,192 shares; 2025Q3: 37,192 shares; 2025Q4: 66,419 shares 66,419$14.3M1.67%+29,227Timeline
CWHCAMPING WORLD HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 1,191,658 shares 1,191,658$11.6M1.36%newTimeline
AEXAAMERICAN EXCEPTIONALISM ACQUQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,000,000 shares; 2025Q4: 1,000,000 shares 1,000,000$11.4M1.33%0Timeline
GLXYGALAXY DIGITAL INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 700,000 shares; 2025Q3: 700,000 shares; 2025Q4: 477,025 shares 477,025$10.7M1.25%-222,975Timeline
MRVIMARAVAI LIFESCIENCES HLDGS IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,593,268 shares; 2025Q2: 2,593,268 shares; 2025Q3: 2,593,268 shares; 2025Q4: 3,100,322 shares 3,100,322$10.1M1.18%+507,054Timeline
MCHBMECHANICS BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 623,775 shares 623,775$9.13M1.07%newTimeline
SBETSHARPLINK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 350,000 shares; 2025Q4: 988,985 shares 988,985$8.84M1.04%+638,985Timeline
THTARGET HOSPITALITY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 254,493 shares; 2025Q3: 365,026 shares; 2025Q4: 650,364 shares 650,364$5.21M0.61%+285,338Timeline

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 SHSput8,500$580M-1,500
QQQINVESCO QQQ TR COMput7,000$430M-500
IWMISHARES TR SHSput10,000$246M-5,000
ETENERGY TRANSFER L P COM UT LTD PTNcall20,515$33.8M+9,016
EWZISHARES INC MSCI BRAZIL ETFcall9,152$29.1M-6,848
HPPHUDSON PACIFIC PROPERTIES IN COMcall10,165$11Mnew
COMPCOMPASS INC CL Acall10,000$10.6M+5,810
GEOGEO GROUP INC COMcall1,500$2.42M0

Sold out in Q4 2025

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

SecurityShares beforeValue beforeType
TALOTALOS ENERGY INC3,205,077$30.7Mshares
HPPHUDSON PAC PPTYS INC8,669,493$23.9Mshares
CMCSACOMCAST CORP NEW665,746$20.9Mshares
PRKSUNITED PARKS & RESORTS INC357,818$18.5Mshares
PCGPG&E CORP11,448$17.3Mcall
MTCHMATCH GROUP INC NEW420,000$14.8Mshares
KSPIKASPI KZ JSC143,704$11.7Mshares
NFENEW FORTRESS ENERGY INC4,404,731$9.73Mshares
NWLNEWELL BRANDS INC1,561,835$8.18Mshares
SSNCSS&C TECH HLDGS88,501$7.86Mshares
LDILOANDEPOT INC2,269,684$6.97Mshares
SVCSERVICE PPTYS TR1,416,173$3.84Mshares
ALITALIGHT INC858,968$2.8Mshares
HPPHUDSON PAC PPTYS INC10,000$2.76Mcall
TDAYUSA TODAY CO INC4,658$1.92Mcall

How Q4 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 0000935836-26-000099 base2026-02-17acceptance time not in the bulk data set