Institutional Manager · CIK 0001595862
Truffle Hound Capital, LLC
BETHESDA, MD · File #028-24899
Latest AUM
$383.9M
Positions
52
Top-10 Concentration
67.7%
Filings
5
Portfolio Value Over Time
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | SPDR S&P 500 ETF TR | SPY | +15,000 | +$10.2M | +$3.1M |
| EXITED | INVESCO CURRENCYSHARES JAPAN | 46138W107 | -100,000 | -$6.2M | $0 |
| NEW | PENNANTPARK FLOATING RATE CA | PFLT | +600,000 | +$5.6M | $0 |
| NEW | MORGAN STANLEY DIRECT LENDIN | 61774A103 | +320,000 | +$5.3M | $0 |
| NEW | NEW MTN FIN CORP | 647551100 | +550,000 | +$5.1M | $0 |
| REDUCE | NEWMONT CORP | NEMCL | -50,000 | -$5.0M | +$1.6M |
| ADD | ENERGY TRANSFER L P | ET-PI | +200,000 | +$3.3M | -$301,500 |
| REDUCE | GRUPO CIBEST SA | CIB | -50,000 | -$3.2M | +$2.7M |
| REDUCE | ALPHABET INC | GOOG | -10,000 | -$3.1M | +$1.7M |
| REDUCE | ABRDN ASIA PACIFIC INCOME FU | ABAKF | -200,000 | -$3.1M | -$570,000 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202552 pos · $383.9M
- 13F HOLDINGS REPORTQ/E Sep 202550 pos · $357.5M
- 13F HOLDINGS REPORTQ/E Jun 202559 pos · $390.8M
- 13F HOLDINGS REPORTQ/E Mar 202553 pos · $277.3M
- 13F HOLDINGS REPORTQ/E Dec 202453 pos · $285.1M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 210,000 | $143.2M | 37.45% |
| 2 | ISHARES INC | 464286900 | 1,400,000 | $44.5M | 11.63% |
| 3 | GRUPO CIBEST SA | CIB | 180,000 | $11.4M | 2.99% |
| 4 | ALPS ETF TR | 00162Q452 | 240,000 | $11.3M | 2.95% |
| 5 | ENERGY TRANSFER L P | ET-PI | 650,000 | $10.7M | 2.80% |
| 6 | SLB LIMITED | SLB | 250,000 | $9.6M | 2.51% |
| 7 | PAGSEGURO DIGITAL LTD | PAGS | 900,000 | $8.7M | 2.27% |
| 8 | GRUPO AVAL ACCIONES Y VALORE | AVAL | 1,700,000 | $6.9M | 1.80% |
| 9 | KASPI KZ JSC | 48581R205 | 85,000 | $6.6M | 1.74% |
| 10 | ABRDN ASIA PACIFIC INCOME FU | ABAKF | 400,000 | $6.1M | 1.60% |
| 11 | STONECO LTD | STNE | 400,000 | $5.9M | 1.55% |
| 12 | AMPLIFY ENERGY CORP NEW | AMPY | 1,250,000 | $5.7M | 1.49% |
| 13 | BANCO BRADESCO S A | 059460303 | 1,700,000 | $5.7M | 1.48% |
| 14 | OP BANCORP | OPBK | 400,000 | $5.6M | 1.48% |
| 15 | PENNANTPARK FLOATING RATE CA | PFLT | 600,000 | $5.6M | 1.45% |
| 16 | ECOPETROL S A | EC | 550,000 | $5.5M | 1.44% |
| 17 | SLB LIMITED | SLB | 140,000 | $5.4M | 1.41% |
| 18 | MORGAN STANLEY DIRECT LENDIN | 61774A103 | 320,000 | $5.3M | 1.38% |
| 19 | NEW MTN FIN CORP | 647551100 | 550,000 | $5.1M | 1.32% |
| 20 | NEWMONT CORP | NEMCL | 50,000 | $5.0M | 1.31% |