RK Capital Management, LLC/FL

Other Low signal financials specialist (82%) CIK 1905218
League rank
#1731
in Other · #7035 overall
Long book
$43.5M
Q1 2026
Positions
23
Top-10 weight
91%
concentration
Last quarter
+1.4%
SPY +14.8%
Turnover
84%
of book per quarter

Strategy in plain words

auto-generated from filings

RK Capital Management, LLC/FL is an institutional manager, specialised in financials (82% of the long book), running a $43.5M US long book across 23 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SPROTT PHYSICAL SILVER TRUST, ISHARES RUSSELL 2000 ETF, SS SPDR S&P 500 ETF TRUST-US, ARMADA ACQ CORP III-A, INNOVATOR U.S. EQUITY ULTRA.

Over the last 9 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 2 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
-9.9%
Q2 2024
+4.7%
Q3 2024
+29.1%
Q4 2024
-15.5%
Q1 2025
+28.6%
Q2 2025
+2.7%
Q3 2025
-2.0%
Q4 2025
-9.0%
Q1 2026
+1.4%

Sector allocation

Financials
55%
Technology
17%
Other
11%
Industrials
9%
Utilities
5%
Materials
2%
Services media
1%

Long book by quarter

$164.5M
Q1 2024
$191.4M
Q2 2024
$195.2M
Q3 2024
$2.40B
Q4 2024
$210.7M
Q1 2025
$81.6M
Q2 2025
$64.6M
Q3 2025
$1.61B
Q4 2025
$43.5M
Q1 2026

What does RK Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AACI ARMADA ACQ CORP III-AFinancials536.0K$5.3M12.2%New
EA ELECTRONIC ARTS INCTechnology7.3K$1.5M3.4%New
ACLXGBX ARCELLX INC11.9K$1.4M3.1%New
C CITIGROUP INCFinancials7.7K$873K2.0%New
BRR PROCAP FINANCIAL INCFinancials349.9K$738K1.7%-0.8%
IBM INTL BUSINESS MACHINES CORPTechnology2.8K$679K1.6%New
ZIM ZIM INTEGRATED SHIPPING SERVIndustrials23.9K$630K1.4%New
ET ENERGY TRANSFER LPUtilities29.9K$577K1.3%New
UPS UNITED PARCEL SERVICE-CL BIndustrials5.7K$561K1.3%New
B BARRICK MINING CORPMaterials6.2K$253K0.6%New
PAYO PAYONEER GLOBAL INCServices media24.5K$118K0.3%New
FUSE FUSEMACHINES INCTechnology19.0K$18K0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 202625$2.60B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202632$3.83B canonicalSEC ↗
Q3 202513F-HRNov 13, 202519$12.82B canonicalSEC ↗
Q2 202513F-HRAug 13, 202519$9.79B canonicalSEC ↗
Q1 202513F-HR/ANEW HOLDINGSAug 14, 202515$8.91B canonicalSEC ↗
Q1 202513F-HR/ANEW HOLDINGSJul 17, 202515$8.91B canonicalSEC ↗
Q1 202513F-HRJun 23, 20250$0 canonicalSEC ↗
Q4 202413F-HR/ANEW HOLDINGSAug 14, 202520$2.40B canonicalSEC ↗
Q4 202413F-HR/ANEW HOLDINGSJul 17, 202520$2.40B canonicalSEC ↗
Q4 202413F-HRJun 23, 20250$0 canonicalSEC ↗
Q3 202413F-HR/ANEW HOLDINGSAug 14, 202515$4.81B canonicalSEC ↗
Q3 202413F-HR/ANEW HOLDINGSJul 17, 202515$109.9M SEC ↗
Q3 202413F-HR/ARESTATEMENTJul 17, 202515$4.81B canonicalSEC ↗
Q3 202413F-HRJun 23, 20250$0 SEC ↗
Q2 202413F-HR/ANEW HOLDINGSAug 14, 202528$1.95B canonicalSEC ↗
Q2 202413F-HR/ANEW HOLDINGSJul 17, 202528$1.95B canonicalSEC ↗
Q2 202413F-HRJun 23, 20250$0 canonicalSEC ↗
Q1 202413F-HR/ANEW HOLDINGSAug 14, 202510$6.11B canonicalSEC ↗
Q1 202413F-HR/ANEW HOLDINGSJul 17, 202510$6.11B canonicalSEC ↗
Q1 202413F-HRJun 23, 20250$0 canonicalSEC ↗