Reported positions
Quarter-end holdings as filed
Explore the full published position list and its source filing. This record excludes the manager’s cash, shorts and non-13(f) assets.
MASTERS CAPITAL MANAGEMENT LLC
A quarter-end snapshot. Filed up to 45 days later, so this page is not current holdings and never a complete portfolio. what a 13F is — and is not ↓ · methodology §13F ↗
Period
$3.0B
reported valuesum of disclosed values for 2026-03-31; 0 positions carry a NULL value and are excluded from the sum, surfaced here rather than folded away
98
positionsALL retained default holdings for this (filer, period), including NULL-value ones
33
new stakespositions with no comparable holding in the prior quarter (kind new), 2026-03-31
24
exitspositions absent from this quarter's filing after being held last quarter (kind exit), 2026-03-31 — inferred from absence, not a sale record
Position changes — into 2026-03-31
by shares · Δ value · filing link · how changes are classified §Positionposition matched across quarters by exact reported CUSIP over a registry gap — producer-reconciled identity, never a name match identity_reconciled_by_cusip | Changethe reported share count is unchanged across the pair, so the position reads as held rather than as a buy or a sell; only builds before this release inferred a direction from the reported value instead classified_by_value · "exit" = absent this quarter: disposed, delisted, under confidential treatment, or reported instead by an affiliated manager — the filing does not say which · change not classifiable: value undisclosed on one side of the quarter pair, or neither shares nor value can classify it · "no change" = the share count is identical in both quarters; the value moved only with price, so the row is mark-to-market and never an add or a trim (Add / New / Trim / Exit / No change) · "no prior" = this filer has no comparable holdings list for the previous quarter on record — a first filing under this registration, or a quarter reported inside an affiliated manager's filing — so the position is not called a new stake | Δ valuederived by Public Filings from the published aggregate; NULL means the source did not disclose a usable value — never zero | Δ shares | Prev value | Curr value | Prev shares | Curr shares | Flags |
|---|---|---|---|---|---|---|---|---|
ISHARES TR 20 YR TR BD ETFposition key pos:13914 · issuer key iss:1231 CALL | new | +$347M | +4,000,000 | $0 | $347M | — | 4,000,000 | |
CITIGROUP INC COM NEWposition key pos:16056 · issuer key iss:590 CALL | add | +$145M | +1,300,000 | $81.7M | $227M | 700,000 | 2,000,000 | |
UNITED PARCEL SVCS INC CL Bposition key pos:10997 · issuer key iss:2207 CALL | trim | −$21.3M | −200,000 | $198M | $177M | 2,000,000 | 1,800,000 | |
INTEL CORP COMposition key pos:19062 · issuer key iss:1193 CALL | add | +$58.6M | +1,000,000 | $73.8M | $132M | 2,000,000 | 3,000,000 | |
INTERNATIONAL BUSINESS MACHS COMposition key pos:10976 · issuer key iss:1201 CALL | add | +$62.0M | +300,000 | $59.2M | $121M | 200,000 | 500,000 | |
GENERAL MTRS CO COMposition key pos:17434 · issuer key iss:999 CALL | trim | −$65.8M | −700,000 | $163M | $96.9M | 2,000,000 | 1,300,000 | |
WAYFAIR INC CL Aposition key pos:19001 · issuer key iss:2311 CALL | new | +$82.7M | +1,100,000 | $0 | $82.7M | — | 1,100,000 | |
DELTA AIR LINES INC COM NEWposition key pos:13222 · issuer key iss:720 PUT | new | +$66.5M | +1,000,000 | $0 | $66.5M | — | 1,000,000 | |
BRISTOL-MYERS SQUIBB CO COMposition key pos:15894 · issuer key iss:435 CALL | new | +$60.7M | +1,000,000 | $0 | $60.7M | — | 1,000,000 | |
AIR PRODUCTS AND CHEMICALS I COMposition key pos:17427 · issuer key iss:103 CALL | new | +$58.1M | +200,000 | $0 | $58.1M | — | 200,000 | |
ORMAT TECHNOLOGIES INC COMposition key pos:16710 · issuer key iss:1637 CALL | new | +$56.0M | +500,000 | $0 | $56.0M | — | 500,000 | |
ECOLAB INC COMposition key pos:17621 · issuer key iss:793 CALL | new | +$53.2M | +200,000 | $0 | $53.2M | — | 200,000 | |
CLOROX CO DEL COMposition key pos:14629 · issuer key iss:603 CALL | add | +$20.0M | +184,500 | $31.8M | $51.8M | 315,500 | 500,000 | |
SLB LIMITED COM STKposition key pos:13230 · issuer key iss:1933 CALL | trim | −$25.4M | −1,000,000 | $76.8M | $51.4M | 2,000,000 | 1,000,000 | |
MOHAWK INDS INC COMposition key pos:12200 · issuer key iss:1492 | add | +$5.5M | +100,000 | $43.7M | $49.2M | 400,000 | 500,000 | |
UNITED PARCEL SVCS INC CL Bposition key pos:10997 · issuer key iss:2207 | add | +$19.4M | +200,000 | $29.8M | $49.2M | 300,000 | 500,000 | |
FREEPORT MCMORAN INC CL Bposition key pos:11344 · issuer key iss:963 CALL | add | +$27.7M | +420,100 | $19.3M | $47.0M | 379,900 | 800,000 | |
YPF SOCIEDAD ANONIMA SPON ADR CL Dposition key pos:12230 · issuer key iss:2368 CALL | add | +$23.8M | +380,000 | $22.4M | $46.2M | 620,000 | 1,000,000 | |
FLUOR CORP COMposition key pos:15289 · issuer key iss:931 | trim | −$442K | −175,000 | $43.6M | $43.2M | 1,100,000 | 925,000 | |
AST SPACEMOBILE INC COM CL Aposition key pos:17378 · issuer key iss:33 CALL | new | +$41.4M | +500,000 | $0 | $41.4M | — | 500,000 | |
BOEING CO COMposition key pos:18124 · issuer key iss:412 CALL | trim | −$68.8M | −300,000 | $109M | $39.8M | 500,000 | 200,000 | |
ARCHER DANIELS MIDLAND CO COMposition key pos:12873 · issuer key iss:234 CALL | new | +$36.3M | +500,000 | $0 | $36.3M | — | 500,000 | |
CVS HEALTH CORP COMposition key pos:14228 · issuer key iss:489 CALL | new | +$35.9M | +500,000 | $0 | $35.9M | — | 500,000 | |
IONQ INC COMposition key pos:11376 · issuer key iss:1222 CALL | new | +$31.7M | +1,100,000 | $0 | $31.7M | — | 1,100,000 | |
BOSTON SCIENTIFIC CORP COMposition key pos:14974 · issuer key iss:423 CALL | new | +$31.4M | +500,000 | $0 | $31.4M | — | 500,000 | |
MOHAWK INDS INC COMposition key pos:12200 · issuer key iss:1492 CALL | new | +$29.5M | +300,000 | $0 | $29.5M | — | 300,000 | |
FIREFLY AEROSPACE INC COMposition key sid:sec:prov:711d66d698711dacee6a087a4a4c6000 · issuer key cusip6:31816X CALL | new | +$28.5M | +1,000,000 | $0 | $28.5M | — | 1,000,000 | |
FIFTH THIRD BANCORP COMposition key pos:17638 · issuer key iss:909 CALL | new | +$27.9M | +600,000 | $0 | $27.9M | — | 600,000 | |
NCR VOYIX CORPORATION COMposition key pos:11929 · issuer key iss:1521 | add | −$8.4M | +500,000 | $30.6M | $22.2M | 3,000,000 | 3,500,000 | |
BRAINSWAY LTD SPONSORED ADSposition key sid:sec:prov:ac0927bfce1cd998907669408d3bbff4 · issuer key cusip6:10501L | add | +$2.9M | +650,000 | $19.0M | $21.9M | 1,000,000 | 1,650,000 | |
BARCLAYS PLC ADRposition key pos:13159 · issuer key iss:332 CALL | new | +$21.2M | +1,000,000 | $0 | $21.2M | — | 1,000,000 | |
DAUCH CORP COMposition key pos:18913 · issuer key iss:165 | add | +$1.5M | +500,000 | $19.2M | $20.8M | 3,000,000 | 3,500,000 | |
FLUOR CORP COMposition key pos:15289 · issuer key iss:931 CALL | new | +$20.1M | +430,000 | $0 | $20.1M | — | 430,000 | |
ALCOA CORP COMposition key pos:15753 · issuer key iss:129 CALL | trim | −$6.7M | −200,000 | $26.6M | $19.9M | 500,000 | 300,000 | |
HORMEL FOODS CORP COMposition key pos:11296 · issuer key iss:1125 | new | +$19.3M | +850,000 | $0 | $19.3M | — | 850,000 | |
LIONSGATE STUDIOS CORP COMposition key pos:13119 · issuer key iss:1360 | trim | +$870K | −5,186 | $18.3M | $19.1M | 2,000,000 | 1,994,814 | |
FLOTEK INDUSTRIES INC COM NEWposition key sid:sec:prov:11ef0224dbe0d573a8ee7134e2edf899 · issuer key cusip6:343389 | add | +$1.3M | +89,438 | $17.2M | $18.5M | 1,000,000 | 1,089,438 | |
THE REALREAL INC COMposition key pos:13883 · issuer key iss:2131 CALL | new | +$18.2M | +2,000,000 | $0 | $18.2M | — | 2,000,000 | |
INTERNATIONAL PAPER CO COMposition key pos:18051 · issuer key iss:1204 CALL | trim | −$21.5M | −500,000 | $39.4M | $17.9M | 1,000,000 | 500,000 | |
CLEVELAND-CLIFFS INC NEW COMposition key pos:11083 · issuer key iss:602 CALL | add | +$3.6M | +1,000,000 | $13.3M | $16.9M | 1,000,000 | 2,000,000 | |
EASTMAN CHEM CO COMposition key pos:18964 · issuer key iss:789 | trim | −$3.9M | −100,000 | $19.1M | $15.3M | 300,000 | 200,000 | |
FASTLY INC CL Aposition key pos:14852 · issuer key iss:897 CALL | new | +$14.5M | +500,000 | $0 | $14.5M | — | 500,000 | |
VENTURE GLOBAL INC COM CL Aposition key pos:13864 · issuer key iss:2253 CALL | new | +$13.9M | +880,000 | $0 | $13.9M | — | 880,000 | |
MOBILEYE GLOBAL INC COMMON CLASS Aposition key pos:13685 · issuer key iss:1489 CALL | new | +$13.7M | +2,000,000 | $0 | $13.7M | — | 2,000,000 | |
TRANSOCEAN LTD REGISTERED SHSposition key pos:18539 · issuer key iss:2670 | add | +$9.1M | +1,000,000 | $4.1M | $13.3M | 1,000,000 | 2,000,000 | |
NEXGEN ENERGY LTD COMposition key pos:15046 · issuer key iss:1569 | trim | −$6.8M | −1,000,000 | $18.4M | $11.6M | 2,000,000 | 1,000,000 | |
BORR DRILLING LTD SHSposition key pos:18432 · issuer key iss:2455 | trim | −$147K | −900,000 | $11.7M | $11.5M | 2,900,000 | 2,000,000 | |
DENALI THERAPEUTICS INC COMposition key sid:sec:prov:8948595df4e56c28a2e8dffed59ee810 · issuer key cusip6:24823R | trim | −$5.0M | −400,000 | $16.5M | $11.5M | 1,000,000 | 600,000 | |
BETA TECHNOLOGIES INC COM SHS CL Aposition key sid:sec:prov:b34180bef97f96289ed9c41fa480875d · issuer key cusip6:086921 | new | +$10.3M | +700,000 | $0 | $10.3M | — | 700,000 | |
CLEVELAND-CLIFFS INC NEW COMposition key pos:11083 · issuer key iss:602 | add | −$3.1M | +200,000 | $13.3M | $10.1M | 1,000,000 | 1,200,000 | |
PONY AI INC SPONSORED ADSposition key pos:15502 · issuer key iss:1738 CALL | add | −$1.4M | +250,000 | $10.9M | $9.4M | 750,000 | 1,000,000 | |
PONY AI INC SPONSORED ADSposition key pos:15502 · issuer key iss:1738 | trim | −$8.4M | −250,000 | $17.4M | $9.0M | 1,200,000 | 950,000 | |
FASTLY INC CL Aposition key pos:14852 · issuer key iss:897 | new | +$8.7M | +300,000 | $0 | $8.7M | — | 300,000 | |
APPLIED OPTOELECTRONICS INC COMposition key pos:18677 · issuer key iss:227 CALL | new | +$8.5M | +100,000 | $0 | $8.5M | — | 100,000 | |
TELOS CORP MD COMposition key sid:sec:prov:fe0d9966399a64b3430cac52765b9adf · issuer key cusip6:87969B | trim | −$2.3M | −100,000 | $10.7M | $8.4M | 2,100,000 | 2,000,000 | |
VERTICAL AEROSPACE LTD SHS NEWposition key sid:sec:prov:65111c06a55f0b865ec0893cf8e2c1bd · issuer key cusip6:G9471C | add | −$3.1M | +1,400,000 | $10.7M | $7.5M | 2,000,000 | 3,400,000 | |
ISOENERGY LTD COM NEWposition key sid:sec:prov:0d028cea2f2cb02c7ad4f2049f71de6c · issuer key cusip6:46500E | new | +$7.4M | +700,000 | $0 | $7.4M | — | 700,000 | |
SUNRUN INC COMposition key pos:15095 · issuer key iss:2059 | new | +$6.8M | +500,000 | $0 | $6.8M | — | 500,000 | |
LYFT INC CL A COMposition key pos:13762 · issuer key iss:1381 CALL | trim | −$12.7M | −500,000 | $19.4M | $6.7M | 1,000,000 | 500,000 | |
LYFT INC CL A COMposition key pos:13762 · issuer key iss:1381 | new | +$6.7M | +500,000 | $0 | $6.7M | — | 500,000 | |
TRANSOCEAN LTD REGISTERED SHSposition key pos:18539 · issuer key iss:2670 CALL | trim | −$1.6M | −1,000,000 | $8.3M | $6.6M | 2,000,000 | 1,000,000 | |
VERADERMICS INC COMMON STOCKposition key pos:15115 · issuer key iss:2252 | new | +$6.3M | +100,000 | $0 | $6.3M | — | 100,000 | |
IAMGOLD CORP COMposition key pos:12786 · issuer key iss:1156 | new | +$5.6M | +300,000 | $0 | $5.6M | — | 300,000 | |
ENOVIX CORPORATION COMposition key pos:14995 · issuer key iss:828 CALL | new | +$5.2M | +1,000,000 | $0 | $5.2M | — | 1,000,000 | |
EVE HLDG INC COMposition key sid:sec:prov:0befaea9161cd0690da52313a43e4b88 · issuer key cusip6:29970N | trim | −$3.4M | −100,000 | $8.4M | $5.0M | 2,100,000 | 2,000,000 | |
SENSEONICS HLDGS INC COMposition key sid:sec:prov:82fe98511ed9fabe609bda2f68a6cbe0 · issuer key cusip6:81727U | add | +$2.0M | +250,002 | $1.4M | $3.3M | 249,998 | 500,000 | |
INTEGRA RES CORP COMposition key sid:sec:prov:734325c9eec97d21e093fb209effeb4d · issuer key cusip6:45826T | new | +$2.7M | +1,000,000 | $0 | $2.7M | — | 1,000,000 | |
WHEELS UP EXPERIENCE INC COM CL Aposition key pos:17516 · issuer key iss:2332 | trim | −$1.2M | −1,000,000 | $3.3M | $2.1M | 5,000,000 | 4,000,000 | |
MOBILEYE GLOBAL INC COMMON CLASS Aposition key pos:13685 · issuer key iss:1489 | new | +$687K | +100,000 | $0 | $687K | — | 100,000 | |
| pos:11636 CALL | exit‡e | −$24.9M | −1,000,000 | $24.9M | $0 | 1,000,000 | — | |
| pos:12085 CALL | exit‡e | −$20.8M | −1,000,000 | $20.8M | $0 | 1,000,000 | — | |
| pos:12085 | exit‡e | −$14.6M | −700,000 | $14.6M | $0 | 700,000 | — | |
| pos:12614 CALL | exit‡e | −$23.4M | −1,000,000 | $23.4M | $0 | 1,000,000 | — | |
| pos:12614 | exit‡e | −$16.4M | −700,000 | $16.4M | $0 | 700,000 | — | |
DELTA AIR LINES INC COM NEWposition key pos:13222 · issuer key iss:720 CALL | exit‡e | −$69.4M | −1,000,000 | $69.4M | $0 | 1,000,000 | — | |
| pos:14140 CALL | exit‡e | −$19.8M | −469,200 | $19.8M | $0 | 469,200 | — | |
| pos:14140 | exit‡e | −$8.5M | −200,000 | $8.5M | $0 | 200,000 | — | |
| pos:14582 | exit‡e | −$7.5M | −999,600 | $7.5M | $0 | 999,600 | — | |
| pos:14752 CALL | exit‡e | −$97.5M | −500,000 | $97.5M | $0 | 500,000 | — | |
| pos:14752 | exit‡e | −$19.5M | −100,000 | $19.5M | $0 | 100,000 | — | |
| pos:14767 CALL | exit‡e | −$31.9M | −500,000 | $31.9M | $0 | 500,000 | — | |
| pos:14925 | exit‡e | −$4.6M | −100,000 | $4.6M | $0 | 100,000 | — | |
| pos:15436 CALL | exit‡e | −$24.1M | −200,000 | $24.1M | $0 | 200,000 | — | |
BRISTOL-MYERS SQUIBB CO COMposition key pos:15894 · issuer key iss:435 | exit‡e | −$16.2M | −300,000 | $16.2M | $0 | 300,000 | — | |
| pos:16741 CALL | exit‡e | −$26.2M | −2,000,000 | $26.2M | $0 | 2,000,000 | — | |
| pos:17341 CALL | exit‡e | −$43.8M | −500,000 | $43.8M | $0 | 500,000 | — | |
| pos:17552 CALL | exit‡e | −$78.9M | −1,000,000 | $78.9M | $0 | 1,000,000 | — | |
| pos:18363 CALL | exit‡e | −$42.5M | −500,000 | $42.5M | $0 | 500,000 | — | |
| pos:18461 CALL | exit‡e | −$24.5M | −1,000,000 | $24.5M | $0 | 1,000,000 | — | |
EASTMAN CHEM CO COMposition key pos:18964 · issuer key iss:789 CALL | exit‡e | −$51.1M | −800,000 | $51.1M | $0 | 800,000 | — | |
| pos:19049 | exit‡e | −$9.8M | −1,000,000 | $9.8M | $0 | 1,000,000 | — | |
VERTICAL AEROSPACE LTD SHS NEWposition key sid:sec:prov:65111c06a55f0b865ec0893cf8e2c1bd · issuer key cusip6:G9471C CALL | exit‡e | −$5.3M | −1,000,000 | $5.3M | $0 | 1,000,000 | — | |
| sid:sec:prov:d9982c715efb91f9b2000022a280a1b1 | exit‡e | −$11.4M | −500,000 | $11.4M | $0 | 500,000 | — |
73 more changes below.
Mark-to-market only (no share change) · 16
Positions whose share count is identical in both quarters; the value changed with price, not with a decision.
Positionposition matched across quarters by exact reported CUSIP over a registry gap — producer-reconciled identity, never a name match identity_reconciled_by_cusip | Changethe reported share count is unchanged across the pair, so the position reads as held rather than as a buy or a sell; only builds before this release inferred a direction from the reported value instead classified_by_value · "exit" = absent this quarter: disposed, delisted, under confidential treatment, or reported instead by an affiliated manager — the filing does not say which · change not classifiable: value undisclosed on one side of the quarter pair, or neither shares nor value can classify it · "no change" = the share count is identical in both quarters; the value moved only with price, so the row is mark-to-market and never an add or a trim (Add / New / Trim / Exit / No change) · "no prior" = this filer has no comparable holdings list for the previous quarter on record — a first filing under this registration, or a quarter reported inside an affiliated manager's filing — so the position is not called a new stake | Δ valuederived by Public Filings from the published aggregate; NULL means the source did not disclose a usable value — never zero | Δ shares | Prev value | Curr value | Prev shares | Curr shares | Flags |
|---|---|---|---|---|---|---|---|---|
ALIBABA GROUP HLDG LTD SPONSORED ADSposition key pos:16587 · issuer key iss:133 CALL | no change | −$21.1M | 0 | $147M | $125M | 1,000,000 | 1,000,000 | |
DELTA AIR LINES INC COM NEWposition key pos:13222 · issuer key iss:720 | no change | −$2.9M | 0 | $69.4M | $66.5M | 1,000,000 | 1,000,000 | |
BORGWARNER INC COMposition key pos:14338 · issuer key iss:417 CALL | no change | +$9.2M | 0 | $45.1M | $54.3M | 1,000,000 | 1,000,000 | |
AST SPACEMOBILE INC COM CL Aposition key pos:17378 · issuer key iss:33 | no change | +$5.1M | 0 | $36.3M | $41.4M | 500,000 | 500,000 | |
NOV INC COMposition key pos:13338 · issuer key iss:1525 | no change | +$6.4M | 0 | $31.3M | $37.6M | 2,000,000 | 2,000,000 | |
BARCLAYS PLC ADRposition key pos:13159 · issuer key iss:332 | no change | −$4.3M | 0 | $25.5M | $21.2M | 1,000,000 | 1,000,000 | |
THE REALREAL INC COMposition key pos:13883 · issuer key iss:2131 | no change | −$13.4M | 0 | $31.6M | $18.2M | 2,000,000 | 2,000,000 | |
NOKIA CORP SPONSORED ADRposition key pos:12814 · issuer key iss:1575 | no change | +$3.1M | 0 | $12.9M | $16.1M | 2,000,000 | 2,000,000 | |
HUNTSMAN CORP COMposition key pos:18860 · issuer key iss:1140 | no change | +$3.3M | 0 | $10.0M | $13.3M | 1,000,000 | 1,000,000 | |
ENOVIX CORPORATION COMposition key pos:14995 · issuer key iss:828 | no change | −$4.3M | 0 | $14.6M | $10.4M | 2,000,000 | 2,000,000 | |
FERROGLOBE PLC SHSposition key sid:sec:prov:f32900aad8f1098a75a7540de279c057 · issuer key cusip6:G33856 | no change | −$1.0M | 0 | $9.3M | $8.2M | 2,000,000 | 2,000,000 | |
ANGEL OAK MORTGAGE REIT INC COMposition key sid:sec:prov:db86a5af956d7c6093af99afe588d598 · issuer key cusip6:03464Y | no change | −$390K | 0 | $8.6M | $8.2M | 1,000,000 | 1,000,000 | |
LUCID DIAGNOSTICS INC COMposition key sid:sec:prov:1eabbea4ad52d87442fc2c9de16a9e96 · issuer key cusip6:54948X | no change | +$240K | 0 | $4.4M | $4.6M | 4,000,000 | 4,000,000 | |
PLUG PWR INC COM NEWposition key pos:12925 · issuer key iss:1734 | no change | +$290K | 0 | $2.0M | $2.3M | 1,000,000 | 1,000,000 | |
NEURONETICS INC COMposition key sid:sec:prov:f309fd20b3ad4e615ae4aab363b9fa0c · issuer key cusip6:64131A | no change | +$70.0K | 0 | $1.4M | $1.5M | 1,000,000 | 1,000,000 | |
NEW FORTRESS ENERGY INC COM CL Aposition key sid:sec:prov:31bd096d76f11be58e8f9b95ba95be3f · issuer key cusip6:644393 | no change | −$550K | 0 | $1.1M | $590K | 1,000,000 | 1,000,000 |
Quarter ended 2026-03-31Newest filing in this build: 2026-07-31. Per-row filing dates are on each receipt.
Changes derive from the aggregate's top-25 slices and keyable positions only; unkeyable holdings are counted in the registry, not differenced. methodology §13F ↗
Book shape
2026-03-31 · concentration · vs tracked median · tick = median- Top-25 concentration
- 72.2%below median 80.0%
- Concentration index
- 360 bpsbelow median 446 bps
- Positions with value
- 98 / 98median book 97.5 positions
Concentration uses reported 13F long value, not total assets. The index is withheld when any position lacks a value. Medians are over the 8,748 tracked filers with a 2026-03-31 book; the index median over the 8,662 with a complete book.
null-value positions: 0holdings whose <value> did not parse — retained and counted, never zero-filled · top-N share ·§: 72.2% · HHI (bps) ·§: 360integer Herfindahl–Hirschman index in basis points over disclosed position values · QoQ moves: 109
Filing history
AVAILABLE QUARTERS| Period | Source |
|---|---|
| 2026-03-31 | EDGAR ↗ |
PLANNED sector rotation · Congress overlap · signals for this filer
Complete source filings on SEC EDGAR
The complete filing on EDGAR.
The position list above is served from the published Public Filings build — every position this filer reported for the selected quarter, as it reported it. This block is provenance, not a substitute: the filing itself is the record, and it is one click away. Serving this list is M2-CONTRACT §3, amended 2026-08-02; §3.1 keeps live EDGAR for filings newer than this build.
Open MASTERS CAPITAL MANAGEMENT LLC's 13F filings on SEC EDGAR ↗Notes on this data
Share changes
Compare consecutive quarters
Position changes retain the producer’s classification and comparability flags. Share counts and reported values describe different changes.
Coverage
A snapshot, not current holdings
Use the quarter selector to inspect available periods. Unknown values stay unknown and each table states its coverage.
ViewPrior quarter not yet availableThis build carries one quarter for this manager: 2026-03-31. Notable managers carry four published quarters, others two.
Reported positions — 2026-03-31
1–71 of 71 issuers · $3.0B disclosed value over 98 rows · 0 undisclosed-value rowsEvery row below carries ticker not yet mapped — stated once here rather than repeated on every row.
| KindClassification is not joined into this reported-position view. Use the changed-positions view to compare the two published quarters. | TickerThis list carries reported issuer names and security identities, without a dated ticker mapping. Symbols are not inferred from names. | Issuera position composed from a base filing plus NEW-HOLDINGS amendments keeps every source row here; the composition's latest filed date is the one shown served from this build's published holdings (derived from the filer's own reported rows); every row resolves to its filing | WeightShare of total reported value, calculated only when the full position list has disclosed values. This is 13F long value, not total assets. | Valuevalue undisclosed on the filing: retained and counted, excluded from sums, never shown as $0 | Shares | Position changeShare change is available in the separate comparison view; it is not joined into this position list. | Wt | CongressThe congressional transaction join is unavailable in this build. | ||||||||||||
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| — | — | ISHARES TR ISHARES TR · 20 YR TR BD ETF · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $347M | 4,000,000 | — | 11.5% | — | |||||||||||||
| — | Cverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | CITIGROUP INC | $227M | 2,000,000 | — | 7.5% | — | |||||||||||||
| — | UPSverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | UNITED PARCEL SVCS INC2 positions · 4 reported rows
| $226M | 2,300,000 | — | 7.5% | — | |||||||||||||
| — | DALverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | DELTA AIR LINES INC | $133M | 2,000,000 | — | 4.4% | — | |||||||||||||
| — | INTCverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | INTEL CORP | $132M | 3,000,000 | — | 4.4% | — | |||||||||||||
| — | BABAverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ALIBABA GROUP HLDG LTD ALIBABA GROUP HLDG LTD · SPONSORED ADS · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $125M | 1,000,000 | — | 4.1% | — | |||||||||||||
| — | IBMverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | INTERNATIONAL BUSINESS MACHS INTERNATIONAL BUSINESS MACHS · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $121M | 500,000 | — | 4.0% | — | |||||||||||||
| — | GMverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | GENERAL MTRS CO | $96.9M | 1,300,000 | — | 3.2% | — | |||||||||||||
| — | ASTSverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | AST SPACEMOBILE INC | $82.9M | 1,000,000 | — | 2.7% | — | |||||||||||||
| — | Wverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | WAYFAIR INC | $82.7M | 1,100,000 | — | 2.7% | — | |||||||||||||
| — | MHKverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | MOHAWK INDS INC | $78.8M | 800,000 | — | 2.6% | — | |||||||||||||
| — | FLRverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | FLUOR CORP | $63.2M | 1,355,000 | — | 2.1% | — | |||||||||||||
| — | BMYverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | BRISTOL-MYERS SQUIBB CO BRISTOL-MYERS SQUIBB CO · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $60.7M | 1,000,000 | — | 2.0% | — | |||||||||||||
| — | APDverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | AIR PRODUCTS AND CHEMICALS I AIR PRODUCTS AND CHEMICALS I · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $58.1M | 200,000 | — | 1.9% | — | |||||||||||||
| — | ORAverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ORMAT TECHNOLOGIES INC | $56.0M | 500,000 | — | 1.8% | — | |||||||||||||
| — | BWAverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | BORGWARNER INC BORGWARNER INC · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $54.3M | 1,000,000 | — | 1.8% | — | |||||||||||||
| — | ECLverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ECOLAB INC ECOLAB INC · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $53.2M | 200,000 | — | 1.8% | — | |||||||||||||
| — | CLXverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | CLOROX CO DEL CLOROX CO DEL · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $51.8M | 500,000 | — | 1.7% | — | |||||||||||||
| — | SLBverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | SLB LIMITED SLB LIMITED · COM STK · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $51.4M | 1,000,000 | — | 1.7% | — | |||||||||||||
| — | FCXverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | FREEPORT MCMORAN INC FREEPORT MCMORAN INC · CL B · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $47.0M | 800,000 | — | 1.6% | — | |||||||||||||
| — | YPFverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | YPF SOCIEDAD ANONIMA | $46.2M | 1,000,000 | — | 1.5% | — | |||||||||||||
| — | BCSverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | BARCLAYS PLC | $42.3M | 2,000,000 | — | 1.4% | — | |||||||||||||
| — | BAverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | BOEING CO | $39.8M | 200,000 | — | 1.3% | — | |||||||||||||
| — | NOVverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | NOV INC NOV INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $37.6M | 2,000,000 | — | 1.2% | — | |||||||||||||
| — | ADMverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ARCHER DANIELS MIDLAND CO ARCHER DANIELS MIDLAND CO · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $36.3M | 500,000 | — | 1.2% | — | |||||||||||||
| — | REALverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | THE REALREAL INC | $36.3M | 4,000,000 | — | 1.2% | — | |||||||||||||
| — | CVSverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | CVS HEALTH CORP CVS HEALTH CORP · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $35.9M | 500,000 | — | 1.2% | — | |||||||||||||
| — | IONQverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | IONQ INC | $31.7M | 1,100,000 | — | 1.0% | — | |||||||||||||
| — | BSXverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | BOSTON SCIENTIFIC CORP BOSTON SCIENTIFIC CORP · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $31.4M | 500,000 | — | 1.0% | — | |||||||||||||
| — | — | FIREFLY AEROSPACE INC FIREFLY AEROSPACE INC · COM · CALL CUSIP 31816X106 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $28.5M | 1,000,000 | — | 0.9% | — | |||||||||||||
| — | FITBverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | FIFTH THIRD BANCORP FIFTH THIRD BANCORP · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $27.9M | 600,000 | — | 0.9% | — | |||||||||||||
| — | CLFverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | CLEVELAND-CLIFFS INC NEW | $27.0M | 3,200,000 | — | 0.9% | — | |||||||||||||
| — | FSLYverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | FASTLY INC | $23.2M | 800,000 | — | 0.8% | — | |||||||||||||
| — | VYXverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | NCR VOYIX CORPORATION NCR VOYIX CORPORATION · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $22.2M | 3,500,000 | — | 0.7% | — | |||||||||||||
| — | — | BRAINSWAY LTD BRAINSWAY LTD · SPONSORED ADS CUSIP 10501L106 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $21.9M | 1,650,000 | — | 0.7% | — | |||||||||||||
| — | DCHverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | DAUCH CORP DAUCH CORP · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $20.8M | 3,500,000 | — | 0.7% | — | |||||||||||||
| — | AAverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ALCOA CORP ALCOA CORP · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $19.9M | 300,000 | — | 0.7% | — | |||||||||||||
| — | RIGverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | TRANSOCEAN LTD | $19.9M | 3,000,000 | — | 0.7% | — | |||||||||||||
| — | HRLverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | HORMEL FOODS CORP HORMEL FOODS CORP · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $19.3M | 850,000 | — | 0.6% | — | |||||||||||||
| — | LIONverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | LIONSGATE STUDIOS CORP LIONSGATE STUDIOS CORP · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $19.1M | 1,994,814 | — | 0.6% | — | |||||||||||||
| — | — | FLOTEK INDUSTRIES INC FLOTEK INDUSTRIES INC · COM NEW CUSIP 343389409 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $18.5M | 1,089,438 | — | 0.6% | — | |||||||||||||
| — | PONYverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | PONY AI INC | $18.4M | 1,950,000 | — | 0.6% | — | |||||||||||||
| — | IPverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | INTERNATIONAL PAPER CO INTERNATIONAL PAPER CO · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $17.9M | 500,000 | — | 0.6% | — | |||||||||||||
| — | NOKverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | NOKIA CORP NOKIA CORP · SPONSORED ADR CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $16.1M | 2,000,000 | — | 0.5% | — | |||||||||||||
| — | ENVXverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | ENOVIX CORPORATION | $15.5M | 3,000,000 | — | 0.5% | — | |||||||||||||
| — | EMNverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | EASTMAN CHEM CO EASTMAN CHEM CO · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $15.3M | 200,000 | — | 0.5% | — | |||||||||||||
| — | MBLYverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | MOBILEYE GLOBAL INC2 positions · 3 reported rows
| $14.4M | 2,100,000 | — | 0.5% | — | |||||||||||||
| — | VGverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | VENTURE GLOBAL INC | $13.9M | 880,000 | — | 0.5% | — | |||||||||||||
| — | HUNverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | HUNTSMAN CORP HUNTSMAN CORP · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $13.3M | 1,000,000 | — | 0.4% | — | |||||||||||||
| — | LYFTverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | LYFT INC | $13.3M | 1,000,000 | — | 0.4% | — | |||||||||||||
| — | NXEverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | NEXGEN ENERGY LTD NEXGEN ENERGY LTD · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $11.6M | 1,000,000 | — | 0.4% | — | |||||||||||||
| — | BORRverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | BORR DRILLING LTD BORR DRILLING LTD · SHS CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $11.5M | 2,000,000 | — | 0.4% | — | |||||||||||||
| — | — | DENALI THERAPEUTICS INC DENALI THERAPEUTICS INC · COM CUSIP 24823R105 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $11.5M | 600,000 | — | 0.4% | — | |||||||||||||
| — | — | BETA TECHNOLOGIES INC BETA TECHNOLOGIES INC · COM SHS CL A CUSIP 086921103 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $10.3M | 700,000 | — | 0.3% | — | |||||||||||||
| — | AAOIverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | APPLIED OPTOELECTRONICS INC APPLIED OPTOELECTRONICS INC · COM · CALL CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $8.5M | 100,000 | — | 0.3% | — | |||||||||||||
| — | — | TELOS CORP MD TELOS CORP MD · COM CUSIP 87969B101 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $8.4M | 2,000,000 | — | 0.3% | — | |||||||||||||
| — | — | FERROGLOBE PLC FERROGLOBE PLC · SHS CUSIP G33856108 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $8.2M | 2,000,000 | — | 0.3% | — | |||||||||||||
| — | — | ANGEL OAK MORTGAGE REIT INC ANGEL OAK MORTGAGE REIT INC · COM CUSIP 03464Y108 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $8.2M | 1,000,000 | — | 0.3% | — | |||||||||||||
| — | — | VERTICAL AEROSPACE LTD VERTICAL AEROSPACE LTD · SHS NEW CUSIP G9471C206 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $7.5M | 3,400,000 | — | 0.2% | — | |||||||||||||
| — | — | ISOENERGY LTD ISOENERGY LTD · COM NEW CUSIP 46500E867 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $7.4M | 700,000 | — | 0.2% | — | |||||||||||||
| — | RUNverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | SUNRUN INC SUNRUN INC · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $6.8M | 500,000 | — | 0.2% | — | |||||||||||||
| — | MANEverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | VERADERMICS INC VERADERMICS INC · COMMON STOCK CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $6.3M | 100,000 | — | 0.2% | — | |||||||||||||
| — | IAGverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | IAMGOLD CORP IAMGOLD CORP · COM CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $5.6M | 300,000 | — | 0.2% | — | |||||||||||||
| — | — | EVE HLDG INC EVE HLDG INC · COM CUSIP 29970N104 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $5.0M | 2,000,000 | — | 0.2% | — | |||||||||||||
| — | — | LUCID DIAGNOSTICS INC LUCID DIAGNOSTICS INC · COM CUSIP 54948X109 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $4.6M | 4,000,000 | — | 0.2% | — | |||||||||||||
| — | — | SENSEONICS HLDGS INC SENSEONICS HLDGS INC · COM CUSIP 81727U303 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $3.3M | 500,000 | — | 0.1% | — | |||||||||||||
| — | — | INTEGRA RES CORP INTEGRA RES CORP · COM CUSIP 45826T509 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $2.7M | 1,000,000 | — | 0.1% | — | |||||||||||||
| — | PLUGverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | PLUG PWR INC PLUG PWR INC · COM NEW CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $2.3M | 1,000,000 | — | 0.1% | — | |||||||||||||
| — | UPverified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred) | WHEELS UP EXPERIENCE INC WHEELS UP EXPERIENCE INC · COM CL A CUSIP — quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $2.1M | 4,000,000 | — | 0.1% | — | |||||||||||||
| — | — | NEURONETICS INC NEURONETICS INC · COM CUSIP 64131A105 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $1.5M | 1,000,000 | — | 0.0% | — | |||||||||||||
| — | — | NEW FORTRESS ENERGY INC NEW FORTRESS ENERGY INC · COM CL A CUSIP 644393100 quarter ended 2026-03-31 filed filed 2026-05-15 +45d | $590K | 1,000,000 | — | 0.0% | — |
1–71 of 71 issuers · page 1 of 1
every row this filer reported for the quarter, as it reported it — cross-filer de-duplication is applied to issuer totals elsewhere and never deletes a row here
A 13F is a quarterly, long-only snapshot filed up to 45 days late — not current holdings. what a 13F covers ↗
13F reports cover LONG positions in Section 13(f) securities (US exchange-traded equities plus reportable options, warrants, certain convertibles) held by managers with at least $100M in such securities — so managers below that threshold are absent entirely. No short positions, no cash, no non-13(f) assets — not a full portfolio, and not a census of institutional ownership.
Positions are quarter-end snapshots filed up to 45 days late — not current holdings. A position may have been changed or closed before you ever see it, and is older still by however long ago that quarter ended.
Values are the manager's stated market value at quarter-end in era-dependent units (whole dollars for form versions effective 2023-01-03 onward, thousands before), normalized here to whole dollars with unit_basis carried on every record.
Affiliated managers may report the same position (otherManager), so one position can appear under more than one filer.
Positions under confidential treatment may be omitted until a later amendment discloses them.
These are disclosures, not investment advice (ARCHITECTURE.md §5.2 / M2-CONTRACT §5).