Fund Holdings

III Capital Management

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
ISHARES INC(Put)
MSCI JAPAN ETF
0236,608+236,608019,979,179+19,979,179
VANECK ETF TRUST(Call)
GOLD MINERS ETF
58,200270,584+212,3844,991,81424,831,493+19,839,679
TESLA INC(TSLA)(Call)040,000+40,000014,870,000+14,870,000
TESLA INC(TSLA)(Put)040,000+40,000014,870,000+14,870,000
ISHARES TR0105,000+105,00009,862,6503.99%+9,862,650
GLOBAL X FDS(Call)
GLOBAL X COPPER
082,000+82,00006,248,400+6,248,400
ISHARES TR095,000+95,00005,395,0502.18%+5,395,050
CRH PLC
ORD
036,488+36,48803,835,6181.55%+3,835,618
SELECT SECTOR SPDR TR(Put)
ST STR STAPL ETF
045,732+45,73203,749,109+3,749,109
PROGRESS SOFTWARE CORP(PRGS)00002,854,8821.16%+2,854,882
WYNN RESORTS LTD(WYNN)028,052+28,05202,848,6801.15%+2,848,680
ISHARES SILVER TR(SLV)(Call)039,684+39,68402,704,067+2,704,067
NEXTERA ENERGY INC(NEE)050,000+50,00002,514,7291.02%+2,514,729
BURLINGTON STORES INC(BURL)07,500+7,50002,440,3500.99%+2,440,350
RED ROCK RESORTS INC(RRR)043,442+43,44202,318,0650.94%+2,318,065
HERC HLDGS INC(HRI)020,360+20,36002,026,8380.82%+2,026,838
IAC INC(PPLI)048,976+48,97601,960,5090.79%+1,960,509
BLACKSTONE INC(BX)(Call)016,814+16,81401,933,441+1,933,441
CARNIVAL CORP072,904+72,90401,886,7550.76%+1,886,755
DOLLAR TREE INC(DLTR)015,102+15,10201,653,8200.67%+1,653,820
UNITED PARKS & RESORTS INC(PRKS)045,000+45,00001,469,7000.59%+1,469,700
COSTAR GROUP INC(CSGP)(Call)035,444+35,44401,429,810+1,429,810
CAESARS ENTERTAINMENT INC NE(CZR)049,210+49,21001,300,6200.53%+1,300,620
PENN ENTERTAINMENT INC(PENN)20,000101,046+81,046295,0001,518,7210.61%+1,223,721
VERSANT MEDIA GROUP INC(VSNT)029,856+29,85601,105,2690.45%+1,105,269
VISTANCE NETWORKS INC(VISN)280,000338,825+58,8255,076,4006,166,6152.50%+1,090,215
LIFE TIME GROUP HOLDINGS INC(LTH)036,000+36,0000969,8400.39%+969,840
ETSY INC(ETSY)20,00040,000+20,0001,108,8001,999,2000.81%+890,400
SELECT SECTOR SPDR TR
ST STR CARE ETF
06,000+6,0000879,6600.36%+879,660
CHARTER COMMUNICATIONS INC(CHTR)9,00012,045+3,0451,878,7502,600,2741.05%+721,524
KKR & CO INC(KKR)(Call)017,465+17,4650701,203+701,203
TAKE-TWO INTERACTIVE SOFTWAR(TTWO)01,743+1,7430344,2420.14%+344,242
FLUTTER ENTMT PLC(FLUT)10,00021,597+11,5972,150,4002,201,8140.89%+51,414
SELECT SECTOR SPDR TR
ST STR UTIL ETF
0380+380017,4380.01%+17,438
META PLATFORMS INC(META)3,5003,993+4932,310,3152,284,5150.92%-25,800
BIGBEAR AI HLDGS INC
*W EXP 12/08/202
34,0000-34,00054,5700-54,570
LUCID GROUP INC(LCID)9,1000-9,10096,1870-96,187
LUCID GROUP INC(LCID)(Put)25,1900-25,190266,2580-266,258
SPDR GOLD TR(GLD)2,0661,066-1,000818,776458,6890.19%-360,087
ISHARES SILVER TR(SLV)6,5000-6,500418,7300-418,730
SELECT SECTOR SPDR TR
ST STR STAPL ETF
6,0510-6,051470,0410-470,041
NETFLIX INC(NFLX)6,0000-6,000562,5600-562,560
KIMBERLY-CLARK CORP(KMB)26,00019,316-6,6842,623,1401,863,4140.75%-759,726
URBAN OUTFITTERS INC(URBN)56,55054,837-1,7134,255,9533,473,9231.41%-782,030
T-MOBILE US INC(TMUS)20,00015,088-4,9124,060,8003,168,9321.28%-891,868
OUTFRONT MEDIA INC(OUT)39,3000-39,300947,1300-947,130
AVIS BUDGET GROUP INC10,0001,873-8,1271,283,200273,1770.11%-1,010,023
WESTERN DIGITAL CORP(WDC)18,5067,979-10,5273,188,0282,158,2390.87%-1,029,789
RALPH LAUREN CORP(RL)9,1556,406-2,7493,237,2992,203,5990.89%-1,033,700
SIX FLAGS ENTERTAINMENT CORP(FUN)80,0000-80,0001,227,2000-1,227,200
BOOKING HOLDINGS INC(BKNG)800722-784,284,2643,039,8511.23%-1,244,413
PITNEY BOWES INC(PBI)280,000154,442-125,5582,959,6001,706,5840.69%-1,253,016
KRAFT HEINZ CO(KHC)52,7790-52,7791,279,8900-1,279,890
PG&E CORP(PCG)(Put)80,0000-80,0001,285,6000-1,285,600
ECHOSTAR CORP(ECHO)25,00010,682-14,3182,717,5001,250,5410.51%-1,466,959
WYNDHAM HOTELS & RESORTS INC(WH)33,00011,874-21,1262,493,480964,5250.39%-1,528,955
HYATT HOTELS CORP(H)33,87526,386-7,4895,430,8403,794,0421.54%-1,636,798
BOX INC(BOX)0001,775,4740-1,775,474
UBER TECHNOLOGIES INC(UBER)49,31331,154-18,1594,029,3652,240,9070.91%-1,788,458
CINEMARK HLDGS INC(CNK)85,0000-85,0001,975,4000-1,975,400
MOHAWK INDS INC(MHK)41,85025,949-15,9014,574,2052,554,9381.03%-2,019,267
MATTEL INC(MAT)210,000144,519-65,4814,166,4002,099,8610.85%-2,066,539
SELECT SECTOR SPDR TR
ST STR ENERG ETF
50,0000-50,0002,235,5000-2,235,500
NORWEGIAN CRUISE LINE HLDGS
SHS
138,73441,549-97,1853,096,542776,9660.31%-2,319,576
ALBERTSONS COS INC215,37079,085-136,2853,697,9021,347,6080.55%-2,350,294
RENTOKIL INITIAL PLC(RTO)185,13297,159-87,9735,453,9883,058,5651.24%-2,395,423
BOYD GAMING CORP(BYD)49,00019,442-29,5584,176,7601,597,7430.65%-2,579,017
SPDR SERIES TRUST(Call)
ST STR SP METAL
33,1000-33,1003,429,4910-3,429,491
KRANESHARES TRUST115,0000-115,0003,915,7500-3,915,750
DRIVEN BRANDS HLDGS INC(DRVN)330,62574,765-255,8604,899,862942,7860.38%-3,957,076
BORGWARNER INC95,8100-95,8104,317,1980-4,317,198
BROADCOM INC(AVGO)(Call)14,8140-14,8145,127,1250-5,127,125
WEC ENERGY GROUP INC(WEC)0005,837,8470-5,837,847
SELECT SECTOR SPDR TR(Put)
ST STR UTIL ETF
219,8000-219,8009,403,8190-9,403,819
KRANESHARES TRUST(Put)352,40084,576-267,82411,999,2062,404,496-9,594,710
SOUTHERN CO(SO)00017,616,6400-17,616,640
SELECT SECTOR SPDR TR(Call)
ST STR FINL ETF
423,0990-423,09923,417,7720-23,417,772
ISHARES TR229,0000-229,00025,233,5100-25,233,510
KRANESHARES TRUST(Call)850,900126,800-724,10028,973,1313,604,924-25,368,207
SELECT SECTOR SPDR TR(Put)
ST STR FINL ETF
608,1980-608,19833,662,6700-33,662,670
SELECT SECTOR SPDR TR(Call)
ST STR ENERG ETF
911,6800-911,68040,913,0890-40,913,089
SELECT SECTOR SPDR TR(Put)
ST STR ENERG ETF
1,435,7440-1,435,74464,431,2940-64,431,294
STATE STR SPDR S&P 500 ETF T(SPY)438,886223,875-215,011299,285,141145,594,86758.94%-153,690,274
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