111 Capital's Q1 2026 13F: 156 new positions, 151 exits
Form 13F-HR for the quarter ended Mar 31, 2026 · filed May 11, 2026 · 328 reported positions · accession 0002080880-26-000011
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | SPDR DJIA TRUST (DIA) | 7.3% | — | −7.3 pts | −69,754 sh | −100% |
| Reduced | STATE STR SPDR S&P 500 ETF T (SPY) | 6.3% | 1.4% | −4.9 pts | −33,575 sh | −79% |
| Increased | SELECT SECTOR SPDR TR (XLY) | 2.3% | 4.4% | +2.2 pts | +78,172 sh | +90% |
| New | ISHARES TR (SOXX) | — | 2.0% | +2.0 pts | +24,935 sh | new |
| Exited | SS CONSUMER STAPLES SEL SECT (XLP) | 1.7% | — | −1.7 pts | −99,723 sh | −100% |
| Reduced | SELECT SECTOR SPDR TR (XLU) | 1.5% | 0.4% | −1.1 pts | −131K sh | −79% |
| New | VANGUARD INDEX FDS (VNQ) | — | 1.1% | +1.1 pts | +49,458 sh | new |
| New | SELECT SECTOR SPDR TR (XLF) | — | 1.0% | +1.0 pts | +80,543 sh | new |
| Increased | WALMART INC (WMT) | 0.5% | 1.5% | +1.0 pts | +29,294 sh | +143% |
| Reduced | CISCO SYS INC (CSCO) | 1.2% | 0.7% | −0.6 pts | −38,313 sh | −53% |
| Exited | MAGNUM ICE CREAM CO NV/THE (MICC) | 0.5% | — | −0.5 pts | −157K sh | −100% |
| Reduced | NETFLIX INC. (NFLX) | 1.4% | 1.1% | −0.3 pts | −22,233 sh | −32% |
| Reduced | PEPSICO INC (PEP) | 0.8% | 0.5% | −0.3 pts | −13,506 sh | −51% |
| Exited | TJX COMPANIES INC (TJX) | 0.5% | — | −0.5 pts | −14,474 sh | −100% |
| Exited | SS REAL ESTATE SELECT SECTOR (XLRE) | 0.5% | — | −0.5 pts | −53,581 sh | −100% |
| Reduced | NVIDIA CORPORATION (NVDA) | 5.8% | 5.6% | −0.1 pts | −10,414 sh | −7% |
| Exited | O'REILLY AUTOMOTIVE INC (ORLY) | 0.4% | — | −0.4 pts | −21,933 sh | −100% |
| Exited | QUALCOMM INC (QCOM) | 0.4% | — | −0.4 pts | −11,475 sh | −100% |
| New | DEVON ENERGY CORP NEW (DVN) | — | 0.4% | +0.4 pts | +34,467 sh | new |
| New | JPMORGAN CHASE & CO (JPM) | — | 0.4% | +0.4 pts | +5,757 sh | new |
| New | PHILIP MORRIS INTL INC (PM) | — | 0.4% | +0.4 pts | +10,211 sh | new |
| Exited | LOGITECH INTERNATIONAL-REG (LOGI) | 0.4% | — | −0.4 pts | −17,740 sh | −100% |
| Reduced | APPLE INC (AAPL) | 5.0% | 4.9% | −0.1 pts | −5,927 sh | −7% |
| New | GE AEROSPACE (GE) | — | 0.4% | +0.4 pts | +5,195 sh | new |
| Increased | META PLATFORMS INC (META) | 2.0% | 2.3% | +0.3 pts | +2,417 sh | +18% |
| Increased | ECOLAB INC (ECL) | 0.1% | 0.4% | +0.3 pts | +5,167 sh | +453% |
| Reduced | ADOBE INC (ADBE) | 0.8% | 0.3% | −0.5 pts | −5,435 sh | −52% |
| Reduced | HONEYWELL INTL INC (HON) | 0.4% | 0.2% | −0.2 pts | −5,516 sh | −63% |
| Exited | EATON CORP PLC (ETN) | 0.3% | — | −0.3 pts | −4,341 sh | −100% |
| New | ARISTA NETWORKS INC (ANET) | — | 0.3% | +0.3 pts | +9,872 sh | new |
| Increased | ABBOTT LABORATORIES (ABT) | 0.1% | 0.4% | +0.3 pts | +11,743 sh | +453% |
| Increased | SYSCO CORP (SYY) | 0.1% | 0.4% | +0.3 pts | +16,877 sh | +334% |
| Reduced | MORGAN STANLEY (MS) | 0.4% | 0.1% | −0.3 pts | −7,151 sh | −73% |
| New | DANAHER CORP DEL (DHR) | — | 0.3% | +0.3 pts | +6,039 sh | new |
| New | SPDR SERIES TRUST (XBI) | — | 0.3% | +0.3 pts | +8,890 sh | new |
| New | VALERO ENERGY CORP (VLO) | — | 0.3% | +0.3 pts | +4,574 sh | new |
| Increased | AMAZON COM INC (AMZN) | 2.6% | 3.0% | +0.3 pts | +5,374 sh | +10% |
| Reduced | SELECT SECTOR SPDR TR (XLB) | 0.6% | 0.5% | −0.1 pts | −22,351 sh | −35% |
| Increased | CINTAS CORP (CTAS) | 0.2% | 0.4% | +0.3 pts | +6,488 sh | +173% |
| New | CLOROX CO DEL (CLX) | — | 0.3% | +0.3 pts | +10,589 sh | new |
| Reduced | TESLA INC (TSLA) | 2.1% | 1.7% | −0.4 pts | −2,843 sh | −13% |
| New | CITIGROUP INC (C) | — | 0.3% | +0.3 pts | +9,308 sh | new |
| Exited | NEXTERA ENERGY INC (NEE) | 0.3% | — | −0.3 pts | −14,568 sh | −100% |
| Reduced | BOOKING HOLDINGS INC (BKNG) | 0.7% | 0.4% | −0.3 pts | −244 sh | −41% |
| Exited | SHERWIN-WILLIAMS CO/THE (SHW) | 0.2% | — | −0.2 pts | −3,364 sh | −100% |
| Increased | TEXAS INSTRS INC (TXN) | 0.2% | 0.5% | +0.3 pts | +4,812 sh | +87% |
| New | DISNEY WALT CO (DIS) | — | 0.2% | +0.2 pts | +9,529 sh | new |
| Exited | PALO ALTO NETWORKS INC (PANW) | 0.2% | — | −0.2 pts | −5,606 sh | −100% |
| Exited | AGILENT TECHNOLOGIES INC (A) | 0.2% | — | −0.2 pts | −7,560 sh | −100% |
| New |
SUNBELT RENTALS HOLDINGS INC (SUNB)
new — newly listed security (e.g. spin-off)
|
— | 0.2% | +0.2 pts | +14,481 sh | new |
The 50 largest of 478 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- ASTRAZENECA PLC (AZN): 046353108 → G0593M107, 5,259 → 93,536 shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 35.0% of the equity book
Changes in the top 10 this quarter: AZN entered · META entered · GOOG entered · DIA left · SPY left · TSLA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | NVIDIA CORPORATION (NVDA) | 5.8% | 5.6% | |
| 2 | APPLE INC (AAPL) | 5.0% | 4.9% | |
| 3 | ASTRAZENECA PLC (AZN) | 0.1% | 4.5% | Entered the top 10 |
| 4 | SELECT SECTOR SPDR TR (XLY) | 2.3% | 4.4% | |
| 5 | MICROSOFT CORP (MSFT) | 4.6% | 3.9% | |
| 6 | AMAZON COM INC (AMZN) | 2.6% | 3.0% | |
| 7 | ALPHABET INC (GOOGL) | 2.2% | 2.3% | |
| 8 | META PLATFORMS INC (META) | 2.0% | 2.3% | Entered the top 10 |
| 9 | BROADCOM INC (AVGO) | 2.2% | 2.1% | |
| 10 | ALPHABET INC (GOOG) | 1.8% | 2.1% | Entered the top 10 |
| — | SPDR DJIA TRUST (DIA) | 7.3% | 0.0% | Left the top 10 |
| — | STATE STR SPDR S&P 500 ETF T (SPY) | 6.3% | 1.4% | Left the top 10 |
| — | TESLA INC (TSLA) | 2.1% | 1.7% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).