Institutional Manager · CIK 0002037238
Massar Capital Management, LP
STAMFORD, CT · File #028-25137
Latest AUM
$931.8M
Positions
317
Top-10 Concentration
43.3%
Filings
6
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 | ALIBABA GROUP HLDG LTD | BBAAY | +339,393 | +$49.7M | -$546,550 |
| REDUCE | UNITED PARCEL SERVICE INC | UPS | -300,000 | -$29.8M | +$5.6M |
| NEW | ISHARES TR | 464287432 | +290,000 | +$25.3M | $0 |
| NEW | ORACLE CORP | ORCL-PD | +124,257 | +$24.2M | $0 |
| NEW | SPDR GOLD TR | GLD | +57,000 | +$22.6M | $0 |
| REDUCE | INVESCO QQQ TR | IVZ | -36,500 | -$22.4M | +$1.5M |
| NEW | SPDR S&P 500 ETF TR | SPY | +27,500 | +$18.8M | $0 |
| REDUCE | ISHARES TR | 464287655 | -55,233 | -$13.6M | +$295,102 |
| NEW | EXXON MOBIL CORP | XOM | +109,600 | +$13.2M | $0 |
| NEW | GOLDMAN SACHS GROUP INC | GSCE | +15,000 | +$13.2M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025317 pos · $931.8M
- 13F HOLDINGS REPORTQ/E Sep 2025174 pos · $760.1M
- 13F HOLDINGS REPORT (Amended)Q/E Sep 2025112 pos · $133.8M
- 13F HOLDINGS REPORTQ/E Jun 2025112 pos · $133.8M
- 13F HOLDINGS REPORTQ/E Mar 2025112 pos · $89.5M
- 13F HOLDINGS REPORTQ/E Dec 202447 pos · $87.9M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ALIBABA GROUP HLDG LTD | BBAAY | 356,393 | $52.2M | 7.53% |
| 2 | INVESCO QQQ TR | IVZ | 73,500 | $45.2M | 6.51% |
| 3 | BLOCK INC | BSQKZ | 456,500 | $29.7M | 4.28% |
| 4 | BLOCK INC | BSQKZ | 456,500 | $29.7M | 4.28% |
| 5 | ISHARES TR | 464287432 | 337,000 | $29.4M | 4.23% |
| 6 | ISHARES TR | 464287432 | 290,000 | $25.3M | 3.64% |
| 7 | ORACLE CORP | ORCL-PD | 124,257 | $24.2M | 3.49% |
| 8 | BLOCK INC | BSQKZ | 351,504 | $22.9M | 3.30% |
| 9 | SPDR GOLD TR | GLD | 57,000 | $22.6M | 3.26% |
| 10 | CORE SCIENTIFIC INC NEW | 21874A106 | 1,321,600 | $19.2M | 2.77% |
| 11 | SPDR S&P 500 ETF TR | SPY | 27,500 | $18.8M | 2.70% |
| 12 | CORE SCIENTIFIC INC NEW | 21874A106 | 1,221,600 | $17.8M | 2.56% |
| 13 | ISHARES INC | 464286400 | 535,000 | $17.0M | 2.45% |
| 14 | COINBASE GLOBAL INC | COIN | 74,027 | $16.7M | 2.41% |
| 15 | COINBASE GLOBAL INC | COIN | 73,900 | $16.7M | 2.41% |
| 16 | COINBASE GLOBAL INC | COIN | 73,900 | $16.7M | 2.41% |
| 17 | MARA HOLDINGS INC | MARA | 1,831,100 | $16.4M | 2.37% |
| 18 | MARA HOLDINGS INC | MARA | 1,831,100 | $16.4M | 2.37% |
| 19 | STRATEGY INC | STRK | 104,500 | $15.9M | 2.29% |
| 20 | STRATEGY INC | STRK | 104,500 | $15.9M | 2.29% |