Filed: 8/14/2026ACC: 0001104186-26-000006
📋 What this filing means
MASTERS CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 69 equity positions with a total reported market value of $3.90B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
69
Positions
$3.90B
Total AUM (reported)
95.97M
Total Shares
Allocation by class
COM$1.79B46.0%
TR UNIT$746.77M19.2%
COM NEW$339.08M8.7%
SPONSORED ADS$228.78M5.9%
CL B$202.64M5.2%
SHS CLASS A$161.77M4.2%
COM STK$102.28M2.6%
Portfolio Concentration
Top 3$1.16B29.6%
4–10$1.06B27.3%
11–25$1.04B26.8%
Rest$634.96M16.3%
Top 3 weight
29.6%
Top 10 weight
56.9%
Voting Authority Distribution
Total shares with voting rights: 95.97M
Sole
Full voting authority
95.97M
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)
Sole69
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings69
Rows:
STATE STR SPDR S&P 500 ETF T
SOLEShares1M
TypeSH
Market value$746.77M
19.16%
Sole
1M
Shared
0.00
None
0.00
BOEING CO
SOLEShares1M
TypeSH
Market value$216.47M
5.56%
Sole
1M
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
SOLEShares2M
TypeSH
Market value$191.96M
4.93%
Sole
2M
Shared
0.00
None
0.00
NEWMONT CORP
SOLEShares2M
TypeSH
Market value$186.80M
4.79%
Sole
2M
Shared
0.00
None
0.00
ACCENTURE PLC IRELAND
SOLEShares1.30M
TypeSH
Market value$161.77M
4.15%
Sole
1.30M
Shared
0.00
None
0.00
GENERAL MTRS CO
SOLEShares2M
TypeSH
Market value$154.16M
3.96%
Sole
2M
Shared
0.00
None
0.00
DELTA AIR LINES INC
SOLEShares1.50M
TypeSH
Market value$140.49M
3.61%
Sole
1.50M
Shared
0.00
None
0.00
CITIGROUP INC
SOLEShares1M
TypeSH
Market value$139.96M
3.59%
Sole
1M
Shared
0.00
None
0.00
UNITED PARCEL SVCS INC
SOLEShares1.30M
TypeSH
Market value$139.75M
3.59%
Sole
1.30M
Shared
0.00
None
0.00
INTEL CORP
SOLEShares1M
TypeSH
Market value$139.63M
3.58%
Sole
1M
Shared
0.00
None
0.00
FLUOR CORP
SOLEShares2M
TypeSH
Market value$104.78M
2.69%
Sole
2M
Shared
0.00
None
0.00
ALCOA CORP
SOLEShares2M
TypeSH
Market value$104.28M
2.68%
Sole
2M
Shared
0.00
None
0.00
SLB LIMITED
SOLEShares2.20M
TypeSH
Market value$102.28M
2.62%
Sole
2.20M
Shared
0.00
None
0.00
CLOROX CO DEL
SOLEShares1M
TypeSH
Market value$95.44M
2.45%
Sole
1M
Shared
0.00
None
0.00
EASTMAN CHEM CO
SOLEShares1.40M
TypeSH
Market value$93.77M
2.41%
Sole
1.40M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1M
TypeSH
Market value$86.42M
2.22%
Sole
1M
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares1M
TypeSH
Market value$72.16M
1.85%
Sole
1M
Shared
0.00
None
0.00
FREEPORT MCMORAN INC
SOLEShares1M
TypeSH
Market value$62.89M
1.61%
Sole
1M
Shared
0.00
None
0.00
BRISTOL-MYERS SQUIBB CO
SOLEShares1M
TypeSH
Market value$57.62M
1.48%
Sole
1M
Shared
0.00
None
0.00
CVS HEALTH CORP
SOLEShares500K
TypeSH
Market value$51.73M
1.33%
Sole
500K
Shared
0.00
None
0.00
SERVICENOW INC
SOLEShares500K
TypeSH
Market value$49.64M
1.27%
Sole
500K
Shared
0.00
None
0.00
AST SPACEMOBILE INC
SOLEShares500K
TypeSH
Market value$44.43M
1.14%
Sole
500K
Shared
0.00
None
0.00
IONQ INC
SOLEShares800K
TypeSH
Market value$42.61M
1.09%
Sole
800K
Shared
0.00
None
0.00
NOV INC
SOLEShares2.20M
TypeSH
Market value$40.81M
1.05%
Sole
2.20M
Shared
0.00
None
0.00
ANTERO RESOURCES CORP
SOLEShares1M
TypeSH
Market value$35.14M
0.90%
Sole
1M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
STATE STR SPDR S&P 500 ETF TSOLE | TR UNIT | 1M | SH | $746.77M 19.16% | 1M | 0.00 | 0.00 |
BOEING COSOLE | COM | 1M | SH | $216.47M 5.56% | 1M | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 2M | SH | $191.96M 4.93% | 2M | 0.00 | 0.00 |
NEWMONT CORPSOLE | COM | 2M | SH | $186.80M 4.79% | 2M | 0.00 | 0.00 |
ACCENTURE PLC IRELANDSOLE | SHS CLASS A | 1.30M | SH | $161.77M 4.15% | 1.30M | 0.00 | 0.00 |
GENERAL MTRS COSOLE | COM | 2M | SH | $154.16M 3.96% | 2M | 0.00 | 0.00 |
DELTA AIR LINES INCSOLE | COM NEW | 1.50M | SH | $140.49M 3.61% | 1.50M | 0.00 | 0.00 |
CITIGROUP INCSOLE | COM NEW | 1M | SH | $139.96M 3.59% | 1M | 0.00 | 0.00 |
UNITED PARCEL SVCS INCSOLE | CL B | 1.30M | SH | $139.75M 3.59% | 1.30M | 0.00 | 0.00 |
INTEL CORPSOLE | COM | 1M | SH | $139.63M 3.58% | 1M | 0.00 | 0.00 |
FLUOR CORPSOLE | COM | 2M | SH | $104.78M 2.69% | 2M | 0.00 | 0.00 |
ALCOA CORPSOLE | COM | 2M | SH | $104.28M 2.68% | 2M | 0.00 | 0.00 |
SLB LIMITEDSOLE | COM STK | 2.20M | SH | $102.28M 2.62% | 2.20M | 0.00 | 0.00 |
CLOROX CO DELSOLE | COM | 1M | SH | $95.44M 2.45% | 1M | 0.00 | 0.00 |
EASTMAN CHEM COSOLE | COM | 1.40M | SH | $93.77M 2.41% | 1.40M | 0.00 | 0.00 |
ISHARES TRSOLE | 20 YR TR BD ETF | 1M | SH | $86.42M 2.22% | 1M | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | COM | 1M | SH | $72.16M 1.85% | 1M | 0.00 | 0.00 |
FREEPORT MCMORAN INCSOLE | CL B | 1M | SH | $62.89M 1.61% | 1M | 0.00 | 0.00 |
BRISTOL-MYERS SQUIBB COSOLE | COM | 1M | SH | $57.62M 1.48% | 1M | 0.00 | 0.00 |
CVS HEALTH CORPSOLE | COM | 500K | SH | $51.73M 1.33% | 500K | 0.00 | 0.00 |
SERVICENOW INCSOLE | COM | 500K | SH | $49.64M 1.27% | 500K | 0.00 | 0.00 |
AST SPACEMOBILE INCSOLE | COM CL A | 500K | SH | $44.43M 1.14% | 500K | 0.00 | 0.00 |
IONQ INCSOLE | COM | 800K | SH | $42.61M 1.09% | 800K | 0.00 | 0.00 |
NOV INCSOLE | COM | 2.20M | SH | $40.81M 1.05% | 2.20M | 0.00 | 0.00 |
ANTERO RESOURCES CORPSOLE | COM | 1M | SH | $35.14M 0.90% | 1M | 0.00 | 0.00 |
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