Lavaca Capital LLC

Other Low signal technology specialist (62%) CIK 1641447
League rank
#1540
in Other · #6277 overall
Long book
$538.0M
Q1 2026
Positions
277
Top-10 weight
80%
concentration
Last quarter
+8.3%
SPY +14.8%
Turnover
12%
of book per quarter

Strategy in plain words

auto-generated from filings

Lavaca Capital LLC is an institutional manager, specialised in technology (62% of the long book), running a $538.0M US long book across 277 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: COREWEAVE INC-CL A, SS SPDR S&P 500 ETF TRUST-US, CINEMARK HOLDINGS INC, NVIDIA CORP, SYSCO CORP.

Over the last 9 quarters its long book ran on average 2.2pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+3.6%
Q2 2024
+7.3%
Q3 2024
+3.1%
Q4 2024
-3.2%
Q1 2025
+10.8%
Q2 2025
+7.3%
Q3 2025
-23.3%
Q4 2025
+7.2%
Q1 2026
+8.3%

Sector allocation

Technology
63%
Services media
15%
Utilities
7%
Consumer discretionary
5%
Financials
3%
Energy
3%
Healthcare
1%
Materials
1%

Long book by quarter

$164.0M
Q1 2024
$183.1M
Q2 2024
$208.9M
Q3 2024
$227.7M
Q4 2024
$219.6M
Q1 2025
$244.7M
Q2 2025
$552.5M
Q3 2025
$590.9M
Q4 2025
$538.0M
Q1 2026

What does Lavaca Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CRWV COREWEAVE INC-CL ATechnology2.9M$226.5M42.1%+16.9%
CNK CINEMARK HOLDINGS INCServices media2.0M$58.2M10.8%-64.3%
NVDA NVIDIA CORPTechnology118.8K$20.7M3.9%-40.0%
SYY SYSCO CORPConsumer discretionary177.8K$12.7M2.4%Held
AAPL APPLE INCTechnology48.1K$12.2M2.3%+8.8%
XOM EXXON MOBIL CORPEnergy57.2K$9.7M1.8%+2.6%
KKR KKR & CO INCFinancials84.5K$7.8M1.5%-4.3%
NFLX NETFLIX INCServices media75.3K$7.2M1.3%+0.4%
TRGP TARGA RESOURCES CORPUtilities28.2K$7.1M1.3%Held
GOOG ALPHABET INC-CL CTechnology16.8K$4.8M0.9%+7.1%
WES WESTERN MIDSTREAM PARTNERS LUtilities108.0K$4.4M0.8%Held
EPD ENTERPRISE PRODUCTS PARTNERSUtilities103.1K$3.9M0.7%Held
ET ENERGY TRANSFER LPUtilities192.8K$3.7M0.7%-26.3%
WMB WILLIAMS COS INCUtilities47.3K$3.4M0.6%Held
AMZN AMAZON.COM INCConsumer discretionary14.4K$3.0M0.6%+1.0%
NRG NRG ENERGY INCUtilities18.5K$2.7M0.5%Held
WMT WALMART INCConsumer discretionary19.9K$2.5M0.5%+10.9%
MSFT MICROSOFT CORPTechnology6.5K$2.4M0.4%-32.0%
GOOGL ALPHABET INC-CL ATechnology8.3K$2.4M0.4%+7.7%
ISRG INTUITIVE SURGICAL INCHealthcare4.4K$2.0M0.4%Held
MRK MERCK & CO. INC.Healthcare14.0K$1.7M0.3%+29.4%
AEM AGNICO EAGLE MINES LTDMaterials6.8K$1.4M0.3%Held
CVX CHEVRON CORPEnergy6.6K$1.4M0.3%+8.9%
MELI MERCADOLIBRE INCServices media760$1.3M0.2%Held
NEM NEWMONT CORPMaterials11.8K$1.3M0.2%Held
NSC NORFOLK SOUTHERN CORPIndustrials4.4K$1.3M0.2%Held
AM ANTERO MIDSTREAM CORPUtilities51.0K$1.2M0.2%Held
NEE NEXTERA ENERGY INCUtilities12.0K$1.1M0.2%Held
CTVA CORTEVA INCConsumer staples13.1K$1.1M0.2%+3.7%
AZO AUTOZONE INCConsumer discretionary308$1.0M0.2%New
GS GOLDMAN SACHS GROUP INCFinancials1.2K$1.0M0.2%+8.6%
AVGO BROADCOM INCTechnology3.3K$1.0M0.2%-1.7%
RTX RTX CORPIndustrials5.2K$1.0M0.2%Held
OKE ONEOK INCUtilities11.0K$997K0.2%-0.1%
IBM INTL BUSINESS MACHINES CORPTechnology4.0K$972K0.2%+323.8%
ANET ARISTA NETWORKS INCTechnology7.7K$943K0.2%Held
MPC MARATHON PETROLEUM CORPEnergy3.8K$925K0.2%Held
PEP PEPSICO INCConsumer staples5.8K$900K0.2%+324.3%
Q QNITY ELECTRONICS INCTechnology7.6K$877K0.2%+18.8%
AEE AMEREN CORPORATIONUtilities7.5K$826K0.2%+0.5%
MS MORGAN STANLEYFinancials4.5K$742K0.1%+0.6%
DD DUPONT DE NEMOURS INCMaterials15.2K$696K0.1%+18.8%
INTC INTEL CORPTechnology15.5K$683K0.1%+208.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.4K$659K0.1%-0.7%
MCD MCDONALD'S CORPConsumer discretionary2.1K$639K0.1%+50.8%
DOW DOW INCMaterials15.2K$634K0.1%+16.1%
VIA VIA TRANSPORTATION INC-CL ATechnology41.6K$624K0.1%New
LNG CHENIERE ENERGY INCUtilities2.1K$583K0.1%Held
PG PROCTER & GAMBLE CO/THEOther4.0K$579K0.1%Held
MO ALTRIA GROUP INCConsumer staples7.7K$510K0.1%+640.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 2026286$564.4M canonicalSEC ↗
Q4 202513F-HRFeb 13, 2026285$618.7M canonicalSEC ↗
Q3 202513F-HRNov 13, 2025269$579.8M canonicalSEC ↗
Q2 202513F-HR/ARESTATEMENTAug 28, 2025269$268.8M canonicalSEC ↗
Q2 202513F-HRAug 14, 2025269$268.3M SEC ↗
Q1 202513F-HRMay 15, 2025275$242.3M canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025305$254.6M canonicalSEC ↗
Q3 202413F-HRNov 14, 2024112$235.0M canonicalSEC ↗
Q2 202413F-HRAug 13, 202488$194.7M canonicalSEC ↗
Q1 202413F-HRMay 15, 202480$171.3M SEC ↗
Q1 202413F-HR/ARESTATEMENTMay 15, 202480$171.3M canonicalSEC ↗