GatePass Capital LLC's Q1 2026 13F: 29 new positions, 15 exits
Form 13F-HR for the quarter ended Mar 31, 2026 · filed May 6, 2026 · 170 reported positions · accession 0002087399-26-000002
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | CARVANA CO (CVNA) | 1.9% | 0.0% | −1.9 pts | −8,702 sh | −100% |
| New | CBIZ INC (CBZ) | — | 1.3% | +1.3 pts | +98,163 sh | new |
| Increased | BROOKFIELD CORP (BN) | 0.2% | 1.1% | +0.9 pts | +46,450 sh | +581% |
| New | ENERGOUS CORP (WATT) | — | 0.9% | +0.9 pts | +116K sh | new |
| Exited | THE ONCOLOGY INSTITUTE INC (DFPH) | 0.7% | — | −0.7 pts | −360K sh | −100% |
| Increased | ISHARES TR (SGOV) | 0.5% | 1.1% | +0.6 pts | +13,150 sh | +138% |
| Exited | SPDR SERIES TRUST (SPHY) | 0.6% | — | −0.6 pts | −51,800 sh | −100% |
| New | SCHWAB STRATEGIC TR (FNDX) | — | 0.6% | +0.6 pts | +46,642 sh | new |
| Increased | STATE STR SPDR S&P 500 ETF T (SPY) | 3.4% | 3.7% | +0.3 pts | +1,996 sh | +21% |
| New | BONDBLOXX ETF TRUST (XTWY) | — | 0.6% | +0.6 pts | +34,400 sh | new |
| Increased | VANGUARD MALVERN FDS (VCRB) | 1.5% | 2.0% | +0.5 pts | +16,269 sh | +44% |
| New | BLACKROCK ETF TRUST (CORO) | — | 0.6% | +0.6 pts | +36,622 sh | new |
| Reduced | NEXPOINT DIVERSIFIED REL ET (HCF) | 0.7% | 0.3% | −0.4 pts | −221K sh | −61% |
| New | BLACKROCK TCP CAPITAL CORP (TCPC) | — | 0.5% | +0.5 pts | +277K sh | new |
| New | SCHWAB STRATEGIC TR (SCHX) | — | 0.5% | +0.5 pts | +37,778 sh | new |
| New | ISHARES TR (ACWX) | — | 0.4% | +0.4 pts | +13,507 sh | new |
| New | NUVEEN S&P 500 DYNAMIC OVERW (SPXX) | — | 0.4% | +0.4 pts | +52,563 sh | new |
| New | WESTERN AST INFL LKD OPP & I (WIW) | — | 0.4% | +0.4 pts | +97,200 sh | new |
| Exited | BROOKFIELD ASSET MANAGMT LTD (BAM) | 0.4% | — | −0.4 pts | −13,900 sh | −100% |
| Increased | PAYPAL HLDGS INC (PYPL) | 0.1% | 0.4% | +0.3 pts | +16,688 sh | +464% |
| Exited | NUVEEN S&P 500 BUY-WRITE INC (BXMX) | 0.3% | — | −0.3 pts | −46,000 sh | −100% |
| New | ISHARES TR (GOVT) | — | 0.3% | +0.3 pts | +30,497 sh | new |
| Exited | BABCOCK & WILCOX ENTERPRISES (BW) | 0.3% | — | −0.3 pts | −100K sh | −100% |
| Exited | INVESCO EXCHANGE TRADED FD T (XLG) | 0.3% | — | −0.3 pts | −10,692 sh | −100% |
| Reduced | ISHARES TR (SHV) | 4.4% | 3.8% | −0.6 pts | −6,050 sh | −8% |
| New | SCHWAB STRATEGIC TR (FNDA) | — | 0.3% | +0.3 pts | +20,110 sh | new |
| Reduced | ISHARES INC (IEMG) | 0.5% | 0.1% | −0.3 pts | −8,899 sh | −68% |
| Exited | CORMEDIX INC (CRMD) | 0.3% | — | −0.3 pts | −50,000 sh | −100% |
| New | SUNRISE RLTY TR INC (SUNS) | — | 0.3% | +0.3 pts | +76,700 sh | new |
| New | THE CIGNA GROUP (CI) | — | 0.3% | +0.3 pts | +2,175 sh | new |
| New | BLACKROCK ETF TRUST (BLCR) | — | 0.3% | +0.3 pts | +13,484 sh | new |
| Exited | SSGA ACTIVE ETF TR (ULST) | 0.3% | — | −0.3 pts | −12,000 sh | −100% |
| New | SCHWAB STRATEGIC TR (SCHA) | — | 0.2% | +0.2 pts | +17,235 sh | new |
| Increased | NVIDIA CORPORATION (NVDA) | 1.5% | 1.5% | +0.1 pts | +2,862 sh | +19% |
| New | AMERICAN EXPRESS CO (AXP) | — | 0.2% | +0.2 pts | +1,593 sh | new |
| New | SCHWAB STRATEGIC TR (FNDF) | — | 0.2% | +0.2 pts | +9,761 sh | new |
| New | WEYERHAEUSER CO (WY) | — | 0.2% | +0.2 pts | +19,128 sh | new |
| Increased | OXFORD LANE CAP CORP (OXLC) | 0.3% | 0.4% | +0.1 pts | +47,700 sh | +112% |
| Increased | EVOLV TECHNOLOGIES HLDNGS IN (EVLV) | 0.7% | 0.8% | +0.1 pts | +75,000 sh | +42% |
| Reduced | ISHARES TR (EFV) | 0.7% | 0.4% | −0.2 pts | −6,002 sh | −33% |
| Increased | VICOR CORP (VICR) | 1.9% | 2.8% | +0.9 pts | +2,600 sh | +8% |
| Increased | INVESCO QQQ TR (QQQ) | 1.2% | 1.2% | +0.1 pts | +699 sh | +19% |
| Exited | MACH NATURAL RESOURCES LP (MNR) | 0.2% | — | −0.2 pts | −33,800 sh | −100% |
| Reduced | GOLDMAN SACHS ETF TR (GBIL) | 2.5% | 2.2% | −0.3 pts | −3,950 sh | −8% |
| Increased | CITIGROUP INC (C) | 0.2% | 0.3% | +0.2 pts | +3,359 sh | +118% |
| Reduced | PERMA-FIX ENVIRONMENTAL SVCS (PESI) | 0.4% | 0.2% | −0.3 pts | −35,000 sh | −54% |
| New | EATON CORP PLC (ETN) | — | 0.2% | +0.2 pts | +1,036 sh | new |
| Increased | GLOBAL X FDS (SHLD) | 0.1% | 0.3% | +0.2 pts | +4,523 sh | +101% |
| Exited | HOME DEPOT INC (HD) | 0.2% | — | −0.2 pts | −876 sh | −100% |
| Increased | SCHWAB STRATEGIC TR (SCHF) | 0.1% | 0.3% | +0.1 pts | +12,714 sh | +147% |
The 50 largest of 160 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
Top 10 positions — 35.2% of the equity book
Changes in the top 10 this quarter: VICR entered · USFR left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | CINCINNATI FINL CORP (CINF) | 8.2% | 7.4% | |
| 2 | ISHARES TR (SHV) | 4.4% | 3.8% | |
| 3 | STATE STR SPDR S&P 500 ETF T (SPY) | 3.4% | 3.7% | |
| 4 | PIMCO ETF TR (MINT) | 3.9% | 3.6% | |
| 5 | SRH TOTAL RETURN FUND INC (STEW) | 4.2% | 3.6% | |
| 6 | ADAMS DIVERSIFIED EQUITY FD (ADX) | 3.6% | 3.1% | |
| 7 | VICOR CORP (VICR) | 1.9% | 2.8% | Entered the top 10 |
| 8 | SURO CAPITAL CORP (SSSS) | 2.5% | 2.6% | |
| 9 | JANUS DETROIT STR TR (JAAA) | 2.6% | 2.4% | |
| 10 | GOLDMAN SACHS ETF TR (GBIL) | 2.5% | 2.2% | |
| — | WISDOMTREE TR (USFR) | 2.0% | 1.8% | 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).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| New | PROSHARES TR (SQQQ) | Put | 0 | 60,000 | $4.83M |
| New | CARVANA CO (CVNA) | Call | 0 | 10,000 | $3.14M |
| New | VS TRUST (UVIX) | Call | 0 | 80,000 | $693K |
| Exited | CELSIUS HLDGS INC (CELH) | Call | 20,000 | 0 | $0 |