Requisite Capital Management, LLC
Long book
$536.7M
Q1 2026
Positions
114
Top-10 weight
82%
concentration
Last quarter
+9.5%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsRequisite Capital Management, LLC is a wealth-management firm allocating client money, running a $536.7M US long book across 114 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: GLDM SA S&P 500 PR IN ETF-US, ISHARES CORE S&P 500 ETF, GS NASDAQ-100 PR INC ETF-USD, INVESCO S&P 500 EQUAL WEIGHT, JPMORGAN ULTRA-SHORT INCOME.
Over the last 9 quarters its long book ran on average 1.7pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.1%
Q2 2024
+4.5%
Q3 2024
+2.6%
Q4 2024
-2.9%
Q1 2025
+4.7%
Q2 2025
+5.2%
Q3 2025
+1.8%
Q4 2025
-0.6%
Q1 2026
+9.5%
Sector allocation
Energy 30%
Other 22%
Technology 15%
Utilities 13%
Financials 7%
Consumer discretionary 6%
Industrials 3%
Services media 2%
Long book by quarter
What does Requisite Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NOG NORTHERN OIL AND GAS INC | Energy | 565.5K | $16.8M | 3.1% | Held |
| OTF BLUE OWL TECHNOLOGY FINANCE | — | 1.3M | $16.0M | 3.0% | +85.3% |
| RRC RANGE RESOURCES CORP | Energy | 352.4K | $15.9M | 3.0% | Held |
| ET ENERGY TRANSFER LP | Utilities | 525.1K | $10.1M | 1.9% | +2.7% |
| KBDC KAYNE ANDERSON BDC INC | — | 605.7K | $8.6M | 1.6% | -10.5% |
| EZPW EZCORP INC-CL A | Consumer discretionary | 186.3K | $4.7M | 0.9% | +7.3% |
| CALY CALLAWAY GOLF COMPANY | Other | 308.6K | $4.3M | 0.8% | 0.0% |
| AAPL APPLE INC | Technology | 10.7K | $2.7M | 0.5% | -14.2% |
| MSFT MICROSOFT CORP | Technology | 7.2K | $2.7M | 0.5% | -4.3% |
| CQP CHENIERE ENERGY PARTNERS LP | Utilities | 34.1K | $2.2M | 0.4% | Held |
| NVDA NVIDIA CORP | Technology | 12.0K | $2.1M | 0.4% | -11.4% |
| GOOGL ALPHABET INC-CL A | Technology | 7.1K | $2.1M | 0.4% | -8.5% |
| GOOG ALPHABET INC-CL C | Technology | 6.9K | $2.0M | 0.4% | -16.6% |
| CSCO CISCO SYSTEMS INC | Technology | 24.3K | $1.9M | 0.4% | -1.0% |
| JPM JPMORGAN CHASE & CO | Financials | 6.0K | $1.8M | 0.3% | -6.3% |
| CVX CHEVRON CORP | Energy | 8.2K | $1.7M | 0.3% | +0.1% |
| V VISA INC-CLASS A SHARES | Services media | 5.6K | $1.7M | 0.3% | -0.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 3.2K | $1.5M | 0.3% | 0.0% |
| WES WESTERN MIDSTREAM PARTNERS L | Utilities | 36.0K | $1.5M | 0.3% | Held |
| KMI KINDER MORGAN INC | Utilities | 44.0K | $1.5M | 0.3% | +0.2% |
| VNOM VIPER ENERGY INC-CL A | Energy | 28.2K | $1.3M | 0.2% | -1.2% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 31.2K | $1.2M | 0.2% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.2K | $1.2M | 0.2% | +0.3% |
| PR PERMIAN RESOURCES CORP-CL A | Energy | 53.8K | $1.1M | 0.2% | -19.4% |
| COP CONOCOPHILLIPS | Energy | 8.6K | $1.1M | 0.2% | 0.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 5.4K | $1.1M | 0.2% | -10.7% |
| META META PLATFORMS INC-CLASS A | Technology | 1.9K | $1.1M | 0.2% | -11.7% |
| XOM EXXON MOBIL CORP | Energy | 6.2K | $1.1M | 0.2% | +40.1% |
| WULF TERAWULF INC | Financials | 69.4K | $1.0M | 0.2% | -13.0% |
| UNH UNITEDHEALTH GROUP INC | Financials | 3.3K | $904K | 0.2% | +0.1% |
| AME AMETEK INC | Technology | 4.2K | $893K | 0.2% | Held |
| ORCL ORACLE CORP | Technology | 5.9K | $865K | 0.2% | -8.2% |
| MAPS WM TECHNOLOGY INC | Technology | 1.1M | $755K | 0.1% | Held |
| RTX RTX CORP | Industrials | 3.7K | $715K | 0.1% | +0.1% |
| TSLA TESLA INC | Industrials | 1.8K | $670K | 0.1% | +123.9% |
| MSGS MADISON SQUARE GARDEN SPORTS | Services media | 2.0K | $642K | 0.1% | -0.1% |
| CAT CATERPILLAR INC | Industrials | 886 | $627K | 0.1% | Held |
| DHR DANAHER CORP | Technology | 3.3K | $626K | 0.1% | +0.3% |
| VRT VERTIV HOLDINGS CO-A | Technology | 2.4K | $605K | 0.1% | +0.5% |
| SO SOUTHERN CO/THE | Utilities | 5.7K | $554K | 0.1% | -2.2% |
| PEP PEPSICO INC | Consumer staples | 3.4K | $530K | 0.1% | +0.6% |
| QCOM QUALCOMM INC | Technology | 4.1K | $527K | 0.1% | +0.1% |
| GEV GE VERNOVA INC | Industrials | 568 | $496K | 0.1% | New |
| AVGO BROADCOM INC | Technology | 1.6K | $496K | 0.1% | -7.0% |
| ABT ABBOTT LABORATORIES | Healthcare | 4.7K | $479K | 0.1% | +0.2% |
| GS GOLDMAN SACHS GROUP INC | Financials | 554 | $469K | 0.1% | -0.2% |
| KMI 4.75 03/31/28 EL PASO ENERGY CAP TRST | — | 9.0K | $457K | 0.1% | Held |
| SYK STRYKER CORP | Healthcare | 1.2K | $384K | 0.1% | Held |
| KO COCA-COLA CO/THE | Consumer staples | 5.0K | $384K | 0.1% | -0.4% |
| HD HOME DEPOT INC | Consumer discretionary | 1.2K | $383K | 0.1% | -8.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 114 | $536.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 5, 2026 | 123 | $527.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 363 | $595.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 18, 2025 | 87 | $462.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 15, 2025 | 87 | $443.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 21, 2025 | 95 | $489.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 10, 2024 | 76 | $478.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 2, 2024 | 82 | $441.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 18, 2024 | 81 | $460.4M | canonical | SEC ↗ |