Troluce Capital Advisors LLC's Q1 2025 13F: 10 new positions, 10 exits
Form 13F-HR for the quarter ended Mar 31, 2025 · filed May 15, 2025 · 16 reported positions · accession 0001892688-25-000126
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | ENDEAVOR GROUP HLDGS INC (EDR) | 94.2% | — | −94.2 pts | −29.9M sh | −100% |
| Increased | WESTERN DIGITAL CORP (WDC) | 0.3% | 27.2% | +26.8 pts | +657K sh | +1209% |
| Increased | FLUTTER ENTMT PLC (FLUT) | 0.3% | 16.6% | +16.3 pts | +66,540 sh | +512% |
| Increased | AMCOR PLC (AMCR) | 0.6% | 19.2% | +18.6 pts | +1.43M sh | +214% |
| New | CORE SCIENTIFIC INC NEW (CORZ) | — | 12.1% | +12.1 pts | +1.78M sh | new |
| Reduced | ATLANTA BRAVES HLDGS INC (BATRK) | 1.1% | 2.2% | +1.1 pts | −223K sh | −79% |
| New | ROIVANT SCIENCES LTD (ROIV) | — | 6.8% | +6.8 pts | +712K sh | new |
| New | NEXTNAV INC (NN) | — | 4.8% | +4.8 pts | +422K sh | new |
| New | PURECYCLE TECHNOLOGIES INC (PCT 7.25 08/15/30) | — | 3.8% | +3.8 pts | +4.84M sh | new |
| New | SPRINGWORKS THERAPEUTICS INC (SWTX) | — | 1.7% | +1.7 pts | +41,918 sh | new |
| New | GH RESEARCH PLC (GHRS) | — | 1.6% | +1.6 pts | +156K sh | new |
| New | RIGETTI COMPUTING INC (RGTIW) | — | 1.4% | +1.4 pts | +522K sh | new |
| Exited | AMERICAN INTL GROUP INC (AIG) | 0.9% | — | −0.9 pts | −120K sh | −100% |
| Exited | SURGERY PARTNERS INC (SGRY) | 0.9% | — | −0.9 pts | −409K sh | −100% |
| New | UNITED STATES STL CORP NEW (X) | — | 0.7% | +0.7 pts | +16,761 sh | new |
| New | UNIFIRST CORP MASS (UNF) | — | 0.5% | +0.5 pts | +3,048 sh | new |
| Exited | LIONS GATE ENTMNT CORP (LGFB) | 0.5% | — | −0.5 pts | −607K sh | −100% |
| New | SAILPOINT INC (SAIL) | — | 0.4% | +0.4 pts | +25,144 sh | new |
| Exited | SYNOPSYS INC (SNPS) | 0.3% | — | −0.3 pts | −7,070 sh | −100% |
| Exited | SMURFIT WESTROCK PLC (SW) | 0.2% | — | −0.2 pts | −43,063 sh | −100% |
| Exited | GALLAGHER ARTHUR J & CO (AJG) | 0.2% | — | −0.2 pts | −6,460 sh | −100% |
| Exited | CONSTELLIUM SE (CSTM) | 0.1% | — | −0.1 pts | −125K sh | −100% |
| Exited | HERTZ GLOBAL HLDGS INC (HTZWW) | 0.1% | — | −0.1 pts | −420K sh | −100% |
| Increased | TSCAN THERAPEUTICS INC (TCRX) | 0.0% | 0.1% | +0.1 pts | +30,844 sh | +58% |
| Exited | ELASTIC N V (ESTC) | 0.0% | — | 0.0 pts | −1,000 sh | −100% |
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 — 96.1% of the equity book
Changes in the top 10 this quarter: CORZ entered · ROIV entered · NN entered · PCT 7.25 08/15/30 entered · SWTX entered · GHRS entered · EDR left · AIG left · SGRY left · LGFB left · SNPS left · SW left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | WESTERN DIGITAL CORP (WDC) | 0.3% | 27.2% | |
| 2 | AMCOR PLC (AMCR) | 0.6% | 19.2% | |
| 3 | FLUTTER ENTMT PLC (FLUT) | 0.3% | 16.6% | |
| 4 | CORE SCIENTIFIC INC NEW (CORZ) | 0.0% | 12.1% | Entered the top 10 |
| 5 | ROIVANT SCIENCES LTD (ROIV) | 0.0% | 6.8% | Entered the top 10 |
| 6 | NEXTNAV INC (NN) | 0.0% | 4.8% | Entered the top 10 |
| 7 | PURECYCLE TECHNOLOGIES INC (PCT 7.25 08/15/30) | 0.0% | 3.8% | Entered the top 10 |
| 8 | ATLANTA BRAVES HLDGS INC (BATRK) | 1.1% | 2.2% | |
| 9 | SPRINGWORKS THERAPEUTICS INC (SWTX) | 0.0% | 1.7% | Entered the top 10 |
| 10 | GH RESEARCH PLC (GHRS) | 0.0% | 1.6% | Entered the top 10 |
| — | ENDEAVOR GROUP HLDGS INC (EDR) | 94.2% | 0.0% | Left the top 10 |
| — | AMERICAN INTL GROUP INC (AIG) | 0.9% | 0.0% | Left the top 10 |
| — | SURGERY PARTNERS INC (SGRY) | 0.9% | 0.0% | Left the top 10 |
| — | LIONS GATE ENTMNT CORP (LGFB) | 0.5% | 0.0% | Left the top 10 |
| — | SYNOPSYS INC (SNPS) | 0.3% | 0.0% | Left the top 10 |
| — | SMURFIT WESTROCK PLC (SW) | 0.2% | 0.0% | 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 |
|---|---|---|---|---|---|
| Exited | TKO GROUP HOLDINGS INC (TKO) | Put | 5.9M | 0 | $0 |
| Exited | ENDEAVOR GROUP HLDGS INC (EDR) | Put | 26.14M | 0 | $0 |
| Reduced | TKO GROUP HOLDINGS INC (TKO) | Call | 561K | 200K | $30.6M |
| New | ALPHABET INC (GOOGL) | Call | 0 | 259K | $40.4M |
| Exited | VISTRA CORP (VST) | Put | 250K | 0 | $0 |
| New | SELECT SECTOR SPDR TR (XLF) | Put | 0 | 629K | $31.3M |
| New | FTAI AVIATION LTD (FTAI) | Call | 0 | 251K | $27.9M |
| New | DEERE & CO (DE) | Put | 0 | 50,300 | $23.6M |
| Exited | ENERGY TRANSFER L P (ET) | Put | 1M | 0 | $0 |
| New | META PLATFORMS INC (META) | Call | 0 | 33,500 | $19.3M |
| Exited | WESTERN DIGITAL CORP (WDC) | Call | 194K | 0 | $0 |
| New | AMAZON COM INC (AMZN) | Call | 0 | 58,600 | $11.1M |
| New | FLUTTER ENTMT PLC (FLUT) | Call | 0 | 50,000 | $11.1M |
| New | EDISON INTL (EIX) | Call | 0 | 172K | $10M |
| Exited | SIRIUSXM HOLDINGS INC (SIRI) | Call | 435K | 0 | $0 |
| New | GE VERNOVA INC (GEV) | Call | 0 | 29,400 | $8.97M |
| Exited | PACKAGING CORP AMER (PKG) | Put | 39,000 | 0 | $0 |
| Exited | UNITED STATES STL CORP NEW (X) | Call | 251K | 0 | $0 |
| Exited | ENDEAVOR GROUP HLDGS INC (EDR) | Call | 261K | 0 | $0 |
| New | CORE SCIENTIFIC INC NEW (CORZ) | Call | 0 | 1.05M | $7.59M |
| Exited | LKQ CORP (LKQ) | Call | 200K | 0 | $0 |
| Exited | VIKING THERAPEUTICS INC (VKTX) | Call | 172K | 0 | $0 |
| Exited | BIOMARIN PHARMACEUTICAL INC (BMRN) | Call | 100K | 0 | $0 |
| Exited | LAMB WESTON HLDGS INC (LW) | Call | 86,200 | 0 | $0 |
| Exited | SNAP INC (SNAP) | Put | 308K | 0 | $0 |