Thoma Capital Management LLC

Portfolio Overview

Thoma Capital Management LLC disclosed 53 positions worth $187.5M in its Form 13F-HR for Q2 2026, led by $SPY (SPDR S&P 500 ETF TRUST) at 26.2% of the equity portfolio. During the quarter the fund opened 4 new positions and exited 6 — including a new stake in $APD and a full exit from $CTRA. The portfolio is most concentrated in Other (78.4% of disclosed assets). All figures are sourced directly from Thoma Capital Management LLC’s Form 13F-HR filing with the SEC under CIK 2060298.

• 

  SPDR S&P 500 ETF TRUST

  $SPY

  —

  Quality

  $49.2M65,874 sh

• ISHARES TR - ISHS 5-10YR INVT

  —

  Quality

  $36.0M677,770 sh

• ISHARES TR - S&P 500 VAL ETF

  —

  Quality

  $30.1M132,595 sh

• SELECT SECTOR SPDR TR - ST STR TECHN ETF

  —

  Quality

  $10.0M52,541 sh

• ISHARES TR - 10+ YR INVST GRD

  —

  Quality

  $8.0M158,874 sh

• AMPLIFY ETF TR - AMPLIFY CYBERSEC

  —

  Quality

  $7.1M67,253 sh

• ISHARES TR - RUS 2000 GRW ETF

  —

  Quality

  $5.7M14,419 sh
• 

  Apple Inc.

  $AAPL

  76.4

  Quality

  $3.1M10,677 sh
• 

  Marvell Technology, Inc.

  $MRVL

  76.5

  Quality

  $2.4M8,001 sh
• 

  AMAZON COM INC

  $AMZN

  68.7

  Quality

  $2.0M8,329 sh

Company	Quality	Value	Shares
SPDR S&P 500 ETF TRUST$SPY	—	$49.2M	65,874
ISHARES TR - ISHS 5-10YR INVT	—	$36.0M	677,770
ISHARES TR - S&P 500 VAL ETF	—	$30.1M	132,595
SELECT SECTOR SPDR TR - ST STR TECHN ETF	—	$10.0M	52,541
ISHARES TR - 10+ YR INVST GRD	—	$8.0M	158,874
AMPLIFY ETF TR - AMPLIFY CYBERSEC	—	$7.1M	67,253
ISHARES TR - RUS 2000 GRW ETF	—	$5.7M	14,419
Apple Inc.$AAPL	76.4	$3.1M	10,677
Marvell Technology, Inc.$MRVL	76.5	$2.4M	8,001
AMAZON COM INC$AMZN	68.7	$2.0M	8,329

Showing top 10 of 53 holdings.

Full Holdings — Thoma Capital Management LLC (Q2 2026)

All 53 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	$SPY	SPDR S&P 500 ETF TRUST	$49.2M	26.2%	+1%	—
2	—	ISHARES TR - ISHS 5-10YR INVT	$36.0M	19.2%	+6%	—
3	—	ISHARES TR - S&P 500 VAL ETF	$30.1M	16.1%	+10%	—
4	—	SELECT SECTOR SPDR TR - ST STR TECHN ETF	$10.0M	5.3%	-21%	—
5	—	ISHARES TR - 10+ YR INVST GRD	$8.0M	4.2%	+39%	—
6	—	AMPLIFY ETF TR - AMPLIFY CYBERSEC	$7.1M	3.8%	-2%	—
7	—	ISHARES TR - RUS 2000 GRW ETF	$5.7M	3.0%	-40%	—
8	$AAPL	Apple Inc.	$3.1M	1.6%	+1%	76.4
9	$MRVL	Marvell Technology, Inc.	$2.4M	1.3%	-8%	76.5
10	$AMZN	AMAZON COM INC	$2.0M	1.1%	-4%	68.7
11	$NVDA	NVIDIA CORP	$1.7M	0.9%	-9%	85.9
12	$MSFT	MICROSOFT CORP	$1.7M	0.9%	-5%	79.8
13	$DVN	DEVON ENERGY CORP/DE	$1.7M	0.9%	+100%	74.8
14	$GOOG	Alphabet Inc.	$1.7M	0.9%	+0%	78.2
15	$NET	Cloudflare, Inc.	$1.4M	0.8%	-7%	56.4
16	$LLY	ELI LILLY & Co	$1.3M	0.7%	-3%	87.5
17	$IBM	INTERNATIONAL BUSINESS MACHINES CORP	$1.2M	0.7%	-4%	70
18	$META	Meta Platforms, Inc.	$1.2M	0.7%	+19%	79.6
19	$TROW	PRICE T ROWE GROUP INC	$1.2M	0.6%	-3%	69
20	$AEP	AMERICAN ELECTRIC POWER CO INC	$1.1M	0.6%	-4%	66.8
21	$TSLA	Tesla, Inc.	$1.1M	0.6%	-2%	53.9
22	$KO	COCA COLA CO	$1.1M	0.6%	+2%	69.5
23	$ETN	Eaton Corp plc	$1.0M	0.6%	+1%	—
24	$BRK.B	BERKSHIRE HATHAWAY INC	$980,264	0.5%	-1%	73.8
25	$GOOGL	Alphabet Inc.	$977,348	0.5%	-3%	78.2
26	$WMT	Walmart Inc.	$944,348	0.5%	+5%	60.2
27	$LNG	Cheniere Energy, Inc.	$907,492	0.5%	+2%	66.5
28	$FANG	Diamondback Energy, Inc.	$866,271	0.5%	-3%	76.1
29	$BA	BOEING CO	$866,209	0.5%	+4%	61.6
30	$CVX	CHEVRON CORP	$854,613	0.5%	+1%	62.8
31	$DIS	Walt Disney Co	$850,521	0.5%	-0%	60.1
32	$AMGN	AMGEN INC	$794,373	0.4%	+1%	79.2
33	$DLR	DIGITAL REALTY TRUST, INC.	$751,569	0.4%	-0%	72.8
34	$BX	Blackstone Inc.	$728,262	0.4%	+5%	74.4
35	$JPM	JPMORGAN CHASE & CO	$653,509	0.3%	+8%	70.7
36	$RTX	RTX Corp	$645,651	0.3%	+47%	73.2
37	$PLTR	Palantir Technologies Inc.	$639,935	0.3%	+2%	84.6
38	$ORCL	ORACLE CORP	$524,346	0.3%	-27%	67.9
39	$AVGO	Broadcom Inc.	$471,699	0.3%	-17%	84.5
40	$CAVA	CAVA GROUP, INC.	$447,179	0.2%	+6%	57.1
41	$ABBV	AbbVie Inc.	$428,763	0.2%	+0%	72.6
42	$HD	HOME DEPOT, INC.	$390,562	0.2%	+3%	60.3
43	$DKNG	DraftKings Inc.	$390,292	0.2%	-38%	60.4
44	$QQQ	INVESCO QQQ TRUST, SERIES 1	$353,274	0.2%	+15%	—
45	—	ISHARES TR - 0-3 MTH TREASURY	$324,761	0.2%	+0%	—
46	$CSX	CSX CORP	$318,594	0.2%	+0%	65.2
47	$APD	Air Products & Chemicals, Inc.	$260,637	0.1%	NEW	46.4
48	$MU	MICRON TECHNOLOGY INC	$259,715	0.1%	NEW	86.2
49	—	J P MORGAN EXCHANGE TRADED F - ULTRA SHT MUNCPL	$255,612	0.1%	NEW	—
50	$PEG	PUBLIC SERVICE ENTERPRISE GROUP INC	$243,237	0.1%	+0%	60.9
51	$AMD	ADVANCED MICRO DEVICES INC	$232,364	0.1%	NEW	79.8
52	$V	VISA INC.	$224,381	0.1%	-31%	82.9
53	$LEO	BNY MELLON STRATEGIC MUNICIPALS, INC.	$70,079	0.0%	-53%	—