Filed: 2/17/2026ACC: 0001214659-26-001969
📋 What this filing means
KARL KAPITAL LLC filed this quarterly 13F‑HR report disclosing 18 equity positions with a total reported market value of $112.77M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
18
Positions
$112.77M
Total AUM (reported)
3.80M
Total Shares
Allocation by class
COM$88.41M78.4%
COM CL A$14.00M12.4%
COM VTG$10.35M9.2%
Portfolio Concentration
Top 3$36.66M32.5%
4–10$44.73M39.7%
11–25$31.38M27.8%
Top 3 weight
32.5%
Top 10 weight
72.2%
Voting Authority Distribution
Total shares with voting rights: 3.80M
Sole
Full voting authority
3.80M
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)
Sole18
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings18
Rows:
ENCORE CAP GROUP INC
SOLEShares267.82K
TypeSH
Market value$14.56M
12.91%
Sole
267.82K
Shared
0.00
None
0.00
SKYWARD SPECIALTY INS GROUP
SOLEShares229.88K
TypeSH
Market value$11.75M
10.42%
Sole
229.88K
Shared
0.00
None
0.00
FLYWIRE CORPORATION
SOLEShares731.09K
TypeSH
Market value$10.35M
9.18%
Sole
731.09K
Shared
0.00
None
0.00
WALKER & DUNLOP INC
SOLEShares116.62K
TypeSH
Market value$7.01M
6.22%
Sole
116.62K
Shared
0.00
None
0.00
PROGRESSIVE CORP
SOLEShares30.21K
TypeSH
Market value$6.88M
6.10%
Sole
30.21K
Shared
0.00
None
0.00
CAPITAL ONE FINL CORP
SOLEShares27.03K
TypeSH
Market value$6.55M
5.81%
Sole
27.03K
Shared
0.00
None
0.00
P10 INC
SOLEShares663.45K
TypeSH
Market value$6.51M
5.77%
Sole
663.45K
Shared
0.00
None
0.00
TWO HBRS INVT CORP
SOLEShares579.67K
TypeSH
Market value$6.09M
5.40%
Sole
579.67K
Shared
0.00
None
0.00
UMB FINL CORP
SOLEShares51.73K
TypeSH
Market value$5.95M
5.28%
Sole
51.73K
Shared
0.00
None
0.00
VISA INC
SOLEShares16.36K
TypeSH
Market value$5.74M
5.09%
Sole
16.36K
Shared
0.00
None
0.00
INVITATION HOMES INC
SOLEShares191.37K
TypeSH
Market value$5.32M
4.72%
Sole
191.37K
Shared
0.00
None
0.00
WEALTHFRONT CORP
SOLEShares382.41K
TypeSH
Market value$5.20M
4.61%
Sole
382.41K
Shared
0.00
None
0.00
S&P GLOBAL INC
SOLEShares8.57K
TypeSH
Market value$4.48M
3.97%
Sole
8.57K
Shared
0.00
None
0.00
AFFILIATED MANAGERS GROUP IN
SOLEShares14.90K
TypeSH
Market value$4.29M
3.81%
Sole
14.90K
Shared
0.00
None
0.00
SEI INVTS CO
SOLEShares43.07K
TypeSH
Market value$3.53M
3.13%
Sole
43.07K
Shared
0.00
None
0.00
EQUIFAX INC
SOLEShares16.04K
TypeSH
Market value$3.48M
3.09%
Sole
16.04K
Shared
0.00
None
0.00
STIFEL FINL CORP
SOLEShares26.53K
TypeSH
Market value$3.32M
2.95%
Sole
26.53K
Shared
0.00
None
0.00
UWM HOLDINGS CORPORATION
SOLEShares400.83K
TypeSH
Market value$1.76M
1.56%
Sole
400.83K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ENCORE CAP GROUP INCSOLE | COM | 267.82K | SH | $14.56M 12.91% | 267.82K | 0.00 | 0.00 |
SKYWARD SPECIALTY INS GROUPSOLE | COM | 229.88K | SH | $11.75M 10.42% | 229.88K | 0.00 | 0.00 |
FLYWIRE CORPORATIONSOLE | COM VTG | 731.09K | SH | $10.35M 9.18% | 731.09K | 0.00 | 0.00 |
WALKER & DUNLOP INCSOLE | COM | 116.62K | SH | $7.01M 6.22% | 116.62K | 0.00 | 0.00 |
PROGRESSIVE CORPSOLE | COM | 30.21K | SH | $6.88M 6.10% | 30.21K | 0.00 | 0.00 |
CAPITAL ONE FINL CORPSOLE | COM | 27.03K | SH | $6.55M 5.81% | 27.03K | 0.00 | 0.00 |
P10 INCSOLE | COM CL A | 663.45K | SH | $6.51M 5.77% | 663.45K | 0.00 | 0.00 |
TWO HBRS INVT CORPSOLE | COM | 579.67K | SH | $6.09M 5.40% | 579.67K | 0.00 | 0.00 |
UMB FINL CORPSOLE | COM | 51.73K | SH | $5.95M 5.28% | 51.73K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 16.36K | SH | $5.74M 5.09% | 16.36K | 0.00 | 0.00 |
INVITATION HOMES INCSOLE | COM | 191.37K | SH | $5.32M 4.72% | 191.37K | 0.00 | 0.00 |
WEALTHFRONT CORPSOLE | COM | 382.41K | SH | $5.20M 4.61% | 382.41K | 0.00 | 0.00 |
S&P GLOBAL INCSOLE | COM | 8.57K | SH | $4.48M 3.97% | 8.57K | 0.00 | 0.00 |
AFFILIATED MANAGERS GROUP INSOLE | COM | 14.90K | SH | $4.29M 3.81% | 14.90K | 0.00 | 0.00 |
SEI INVTS COSOLE | COM | 43.07K | SH | $3.53M 3.13% | 43.07K | 0.00 | 0.00 |
EQUIFAX INCSOLE | COM | 16.04K | SH | $3.48M 3.09% | 16.04K | 0.00 | 0.00 |
STIFEL FINL CORPSOLE | COM | 26.53K | SH | $3.32M 2.95% | 26.53K | 0.00 | 0.00 |
UWM HOLDINGS CORPORATIONSOLE | COM CL A | 400.83K | SH | $1.76M 1.56% | 400.83K | 0.00 | 0.00 |