Filed: 8/14/2025ACC: 0001783139-25-000006
📋 What this filing means
III CAPITAL MANAGEMENT filed this quarterly 13F‑HR report disclosing 51 equity positions with a total reported market value of $557.80M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
51
Positions
$557.80M
Total AUM (reported)
70.23M
Total Shares
Allocation by class
TR UNIT$203.40M36.5%
SHRT TRM CORP BD$171.72M30.8%
COM$58.16M10.4%
NOTE 2.500% 8/1$26.23M4.7%
IBOXX HI YD ETF$20.08M3.6%
NOTE 4.500% 6/1$18.12M3.2%
CL A$9.55M1.7%
Portfolio Concentration
Top 3$401.35M72.0%
4–10$68.72M12.3%
11–25$58.32M10.5%
Rest$29.41M5.3%
Top 3 weight
72.0%
Top 10 weight
84.3%
Voting Authority Distribution
Total shares with voting rights: 70.23M
Sole
Full voting authority
70.23M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole51
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings51
Rows:
SPDR S&P 500 ETF TR
SOLEShares329.20K
TypeSH
Market value$203.40M
36.46%
Sole
329.20K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares2.16M
TypeSH
Market value$171.72M
30.79%
Sole
2.16M
Shared
0.00
None
0.00
INNOVIVA INC
SOLEShares22.54M
TypePRN
Market value$26.23M
4.70%
Sole
22.54M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares249K
TypeSH
Market value$20.08M
3.60%
Sole
249K
Shared
0.00
None
0.00
SOUTHERN CO
SOLEShares16.48M
TypePRN
Market value$18.12M
3.25%
Sole
16.48M
Shared
0.00
None
0.00
INVESCO EXCHANGE TRADED FD T
SOLEShares50K
TypeSH
Market value$9.09M
1.63%
Sole
50K
Shared
0.00
None
0.00
WEC ENERGY GROUP INC
SOLEShares5M
TypePRN
Market value$5.77M
1.03%
Sole
5M
Shared
0.00
None
0.00
WESTERN DIGITAL CORP
SOLEShares82.90K
TypeSH
Market value$5.30M
0.95%
Sole
82.90K
Shared
0.00
None
0.00
HERC HLDGS INC
SOLEShares39.97K
TypeSH
Market value$5.26M
0.94%
Sole
39.97K
Shared
0.00
None
0.00
CRH PLC
SOLEShares55.53K
TypeSH
Market value$5.10M
0.91%
Sole
55.53K
Shared
0.00
None
0.00
SIX FLAGS ENTERTAINMENT CORP
SOLEShares158.85K
TypeSH
Market value$4.83M
0.87%
Sole
158.85K
Shared
0.00
None
0.00
HYATT HOTELS CORP
SOLEShares34.50K
TypeSH
Market value$4.82M
0.86%
Sole
34.50K
Shared
0.00
None
0.00
OUTFRONT MEDIA INC
SOLEShares289.82K
TypeSH
Market value$4.73M
0.85%
Sole
289.82K
Shared
0.00
None
0.00
SEAGATE HDD CAYMAN
SOLEShares2.55M
TypePRN
Market value$4.59M
0.82%
Sole
2.55M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares6K
TypeSH
Market value$4.43M
0.79%
Sole
6K
Shared
0.00
None
0.00
BORGWARNER INC
SOLEShares132K
TypeSH
Market value$4.42M
0.79%
Sole
132K
Shared
0.00
None
0.00
DRIVEN BRANDS HLDGS INC
SOLEShares250K
TypeSH
Market value$4.39M
0.79%
Sole
250K
Shared
0.00
None
0.00
ALBERTSONS COS INC
SOLEShares204K
TypeSH
Market value$4.39M
0.79%
Sole
204K
Shared
0.00
None
0.00
URBAN OUTFITTERS INC
SOLEShares55K
TypeSH
Market value$3.99M
0.72%
Sole
55K
Shared
0.00
None
0.00
DOLLAR TREE INC
SOLEShares40K
TypeSH
Market value$3.96M
0.71%
Sole
40K
Shared
0.00
None
0.00
CHARTER COMMUNICATIONS INC N
SOLEShares8.50K
TypeSH
Market value$3.47M
0.62%
Sole
8.50K
Shared
0.00
None
0.00
CAESARS ENTERTAINMENT INC NE
SOLEShares99.90K
TypeSH
Market value$2.84M
0.51%
Sole
99.90K
Shared
0.00
None
0.00
RENTOKIL INITIAL PLC
SOLEShares112.03K
TypeSH
Market value$2.69M
0.48%
Sole
112.03K
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares25.66K
TypeSH
Market value$2.39M
0.43%
Sole
25.66K
Shared
0.00
None
0.00
LUCID GROUP INC
SOLEShares1.13M
TypeSH
Market value$2.39M
0.43%
Sole
1.13M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TRSOLE | TR UNIT | 329.20K | SH | $203.40M 36.46% | 329.20K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | SHRT TRM CORP BD | 2.16M | SH | $171.72M 30.79% | 2.16M | 0.00 | 0.00 |
INNOVIVA INCSOLE | NOTE 2.500% 8/1 | 22.54M | PRN | $26.23M 4.70% | 22.54M | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX HI YD ETF | 249K | SH | $20.08M 3.60% | 249K | 0.00 | 0.00 |
SOUTHERN COSOLE | NOTE 4.500% 6/1 | 16.48M | PRN | $18.12M 3.25% | 16.48M | 0.00 | 0.00 |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 50K | SH | $9.09M 1.63% | 50K | 0.00 | 0.00 |
WEC ENERGY GROUP INCSOLE | NOTE 4.375% 6/0 | 5M | PRN | $5.77M 1.03% | 5M | 0.00 | 0.00 |
WESTERN DIGITAL CORPSOLE | COM | 82.90K | SH | $5.30M 0.95% | 82.90K | 0.00 | 0.00 |
HERC HLDGS INCSOLE | COM | 39.97K | SH | $5.26M 0.94% | 39.97K | 0.00 | 0.00 |
CRH PLCSOLE | ORD | 55.53K | SH | $5.10M 0.91% | 55.53K | 0.00 | 0.00 |
SIX FLAGS ENTERTAINMENT CORPSOLE | COM | 158.85K | SH | $4.83M 0.87% | 158.85K | 0.00 | 0.00 |
HYATT HOTELS CORPSOLE | COM CL A | 34.50K | SH | $4.82M 0.86% | 34.50K | 0.00 | 0.00 |
OUTFRONT MEDIA INCSOLE | COM NEW | 289.82K | SH | $4.73M 0.85% | 289.82K | 0.00 | 0.00 |
SEAGATE HDD CAYMANSOLE | NOTE 3.500% 6/0 | 2.55M | PRN | $4.59M 0.82% | 2.55M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 6K | SH | $4.43M 0.79% | 6K | 0.00 | 0.00 |
BORGWARNER INCSOLE | COM | 132K | SH | $4.42M 0.79% | 132K | 0.00 | 0.00 |
DRIVEN BRANDS HLDGS INCSOLE | COM | 250K | SH | $4.39M 0.79% | 250K | 0.00 | 0.00 |
ALBERTSONS COS INCSOLE | COMMON STOCK | 204K | SH | $4.39M 0.79% | 204K | 0.00 | 0.00 |
URBAN OUTFITTERS INCSOLE | COM | 55K | SH | $3.99M 0.72% | 55K | 0.00 | 0.00 |
DOLLAR TREE INCSOLE | COM | 40K | SH | $3.96M 0.71% | 40K | 0.00 | 0.00 |
CHARTER COMMUNICATIONS INC NSOLE | CL A | 8.50K | SH | $3.47M 0.62% | 8.50K | 0.00 | 0.00 |
CAESARS ENTERTAINMENT INC NESOLE | COM | 99.90K | SH | $2.84M 0.51% | 99.90K | 0.00 | 0.00 |
RENTOKIL INITIAL PLCSOLE | SPONSORED ADR | 112.03K | SH | $2.69M 0.48% | 112.03K | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | COM | 25.66K | SH | $2.39M 0.43% | 25.66K | 0.00 | 0.00 |
LUCID GROUP INCSOLE | COM | 1.13M | SH | $2.39M 0.43% | 1.13M | 0.00 | 0.00 |
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