ELEMENT CAPITAL MANAGEMENT LLC

Portfolio Overview

ELEMENT CAPITAL MANAGEMENT LLC disclosed 72 positions worth $3.2B in its Form 13F-HR for Q2 2026 — $1.8B in common stock plus $1.4B of put/call option positions (reported at underlying notional value, not premium at risk). During the quarter the fund opened 61 new positions and exited 38 and a full exit from $TMUS. The portfolio is most concentrated in Other (82.1% of disclosed assets). All figures are sourced directly from ELEMENT CAPITAL MANAGEMENT LLC’s Form 13F-HR filing with the SEC under CIK 1535630.

• ISHARES TR - CORE S&P500 ETF

  —

  Quality

  $767.8M1,025,266 sh

• VANGUARD INDEX FDS - S&P 500 ETF SHS

  —

  Quality

  $702.3M1,022,597 sh
• 

  SPDR S&P 500 ETF TRUST

  $SPY PUT

  —

  Quality

  $664.6M890,000 sh
• 

  INVESCO QQQ TRUST, SERIES 1

  $QQQ PUT

  —

  Quality

  $309.3M420,000 sh

• ISHARES TR - RUSSELL 2000 ETF PUT

  —

  Quality

  $126.2M420,000 sh
• 

  SPACE EXPLORATION TECHNOLOGIES CORP

  $SPCX

  —

  Quality

  $86.5M506,250 sh
• 

  Broadcom Inc.

  $AVGO CALL

  84.5

  Quality

  $52.9M140,000 sh
• 

  Meta Platforms, Inc.

  $META CALL

  79.6

  Quality

  $42.2M75,000 sh
• 

  DIGITAL REALTY TRUST, INC.

  $DLR

  72.8

  Quality

  $41.4M230,321 sh
• 

  SPDR S&P 500 ETF TRUST

  $SPY

  —

  Quality

  $37.3M50,000 sh

Company	Quality	Value	Shares
ISHARES TR - CORE S&P500 ETF	—	$767.8M	1,025,266
VANGUARD INDEX FDS - S&P 500 ETF SHS	—	$702.3M	1,022,597
SPDR S&P 500 ETF TRUST$SPYPUT	—	$664.6M	890,000
INVESCO QQQ TRUST, SERIES 1$QQQPUT	—	$309.3M	420,000
ISHARES TR - RUSSELL 2000 ETF PUT	—	$126.2M	420,000
SPACE EXPLORATION TECHNOLOGIES CORP$SPCX	—	$86.5M	506,250
Broadcom Inc.$AVGOCALL	84.5	$52.9M	140,000
Meta Platforms, Inc.$METACALL	79.6	$42.2M	75,000
DIGITAL REALTY TRUST, INC.$DLR	72.8	$41.4M	230,321
SPDR S&P 500 ETF TRUST$SPY	—	$37.3M	50,000

Showing top 10 of 72 holdings.

Full Holdings — ELEMENT CAPITAL MANAGEMENT LLC (Q2 2026)

All 72 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	—	ISHARES TR - CORE S&P500 ETF	$767.8M	41.7%	NEW	—
2	—	VANGUARD INDEX FDS - S&P 500 ETF SHS	$702.3M	38.1%	NEW	—
3	$SPYPUT	SPDR S&P 500 ETF TRUST	$664.6M	—	+19%	—
4	$QQQPUT	INVESCO QQQ TRUST, SERIES 1	$309.3M	—	NEW	—
5	—	ISHARES TR - RUSSELL 2000 ETF	$126.2M	—	NEW	—
6	$SPCX	SPACE EXPLORATION TECHNOLOGIES CORP	$86.5M	4.7%	NEW	—
7	$AVGOCALL	Broadcom Inc.	$52.9M	—	NEW	84.5
8	$METACALL	Meta Platforms, Inc.	$42.2M	—	-25%	79.6
9	$DLR	DIGITAL REALTY TRUST, INC.	$41.4M	2.3%	NEW	72.8
10	$SPY	SPDR S&P 500 ETF TRUST	$37.3M	2.0%	NEW	—
11	$QCALL	Qnity Electronics, Inc.	$24.5M	—	-70%	68.4
12	$Q	Qnity Electronics, Inc.	$24.0M	1.3%	+63%	68.4
13	$AMZNCALL	AMAZON COM INC	$23.8M	—	NEW	68.7
14	$SOLS	Solstice Advanced Materials Inc.	$21.7M	1.2%	+48%	61.6
15	$SOLSCALL	Solstice Advanced Materials Inc.	$20.2M	—	+52%	61.6
16	$NOWCALL	ServiceNow, Inc.	$19.9M	—	NEW	72.9
17	$SNOWCALL	Snowflake Inc.	$15.3M	—	NEW	54.9
18	$ARXS	Arxis, Inc.	$11.8M	0.6%	NEW	—
19	—	ISHARES TR - EXPANDED TECH	$9.1M	—	NEW	—
20	$DTCALL	Dynatrace, Inc.	$8.8M	—	NEW	64.4
21	$WDAYCALL	Workday, Inc.	$8.6M	—	NEW	75.5
22	$MDBCALL	MongoDB, Inc.	$8.4M	—	NEW	68.8
23	$WENCALL	Wendy's Co	$8.3M	—	NEW	51.7
24	$MDLN	Medline Inc.	$7.5M	0.4%	+850%	62.5
25	$WEN	Wendy's Co	$7.5M	0.4%	NEW	51.7
26	$MKC	MCCORMICK & CO INC	$7.2M	0.4%	NEW	67.6
27	$ZSCALL	Zscaler, Inc.	$7.1M	—	NEW	63.7
28	$CURB	Curbline Properties Corp.	$7.0M	0.4%	NEW	67.3
29	$CME	CME GROUP INC.	$6.6M	0.4%	+0%	69.5
30	$NVDA	NVIDIA CORP	$6.6M	0.4%	NEW	85.9
31	$DDOGCALL	Datadog, Inc.	$6.5M	—	NEW	71.4
32	$GIS	GENERAL MILLS INC	$5.5M	0.3%	NEW	50.7
33	$NOW	ServiceNow, Inc.	$5.4M	0.3%	NEW	72.9
34	$TEAM	Atlassian Corp	$5.2M	0.3%	NEW	65.8
35	$SHAZ	SharonAI Holdings Inc.	$5.1M	0.3%	NEW	44.5
36	$AJG	Arthur J. Gallagher & Co.	$5.1M	0.3%	NEW	71.2
37	$HCA	HCA Healthcare, Inc.	$5.0M	0.3%	NEW	68.9
38	$BRO	BROWN & BROWN, INC.	$5.0M	0.3%	NEW	73.8
39	$RYAN	RYAN SPECIALTY HOLDINGS, INC.	$5.0M	0.3%	NEW	58.8
40	$DHR	DANAHER CORP /DE/	$4.9M	0.3%	NEW	64.8
41	$DDOG	Datadog, Inc.	$4.8M	0.3%	NEW	71.4
42	$KNCALL	Knowles Corp	$4.1M	—	NEW	47.5
43	$NWL	NEWELL BRANDS INC.	$3.8M	0.2%	NEW	42.4
44	$NET	Cloudflare, Inc.	$3.7M	0.2%	NEW	56.4
45	$INIO	INNIO N.V.	$3.6M	0.2%	NEW	—
46	$RSG	REPUBLIC SERVICES, INC.	$3.1M	0.2%	NEW	62.3
47	—	INFINITE EAGLE ACQUISITION C - CL A	$3.0M	0.2%	NEW	—
48	$AMBQ	Ambiq Micro, Inc.	$3.0M	0.2%	NEW	30.1
49	$HRL	HORMEL FOODS CORP /DE/	$2.8M	0.1%	NEW	51.8
50	$MDB	MongoDB, Inc.	$2.7M	0.1%	NEW	68.8
51	$AON	Aon plc	$2.6M	0.1%	NEW	—
52	$HOOD	Robinhood Markets, Inc.	$2.4M	0.1%	NEW	82.1
53	$TSCO	TRACTOR SUPPLY CO /DE/	$2.3M	0.1%	NEW	55.2
54	$EROC	ERock, Inc.	$2.1M	0.1%	NEW	—
55	$TMO	THERMO FISHER SCIENTIFIC INC.	$2.0M	0.1%	NEW	65.1
56	$ABT	ABBOTT LABORATORIES	$2.0M	0.1%	NEW	65.5
57	$CRWD	CrowdStrike Holdings, Inc.	$1.9M	0.1%	NEW	67.7
58	$CWST	CASELLA WASTE SYSTEMS INC	$1.8M	0.1%	NEW	57.1
59	$PANW	Palo Alto Networks Inc	$1.7M	0.1%	NEW	65.5
60	$NWLCALL	NEWELL BRANDS INC.	$1.5M	—	NEW	42.4
61	$RTX	RTX Corp	$1.5M	0.1%	-74%	73.2
62	$PM	Philip Morris International Inc.	$1.4M	0.1%	NEW	75.9
63	$SYY	SYSCO CORP	$1.2M	0.1%	NEW	54.7
64	$MO	ALTRIA GROUP, INC.	$1.2M	0.1%	NEW	67.4
65	$BCARU	D. Boral ARC Acquisition I Corp.	$1.0M	0.1%	NEW	—
66	$MWH	SOLV Energy, Inc.	$732,381	0.0%	-34%	—
67	$AERO	Grupo Aeromexico, S.A.B. de C.V.	$731,016	0.0%	-8%	—
68	$BAND	Bandwidth Inc.	$635,216	0.0%	NEW	49.4
69	$SNOW	Snowflake Inc.	$610,800	0.0%	NEW	54.9
70	$EROK	EagleRock Land, LLC	$572,305	0.0%	NEW	—
71	$ROL	ROLLINS INC	$538,446	0.0%	NEW	65
72	—	INFINITE EAGLE ACQUISITION C - RIGHT 01/13/2031	$58,530	0.0%	NEW	—