Latest Matisse Capital Stock Portfolio

$234Million– No. of Holdings #162

Matisse Capital Performance:

2026 Q1: -0.94%YTD: -0.94%2025: 13.89%

Performance for 2026 Q1 is -0.94%, and YTD is -0.94%, and 2025 is 13.89%.

About Matisse Capital and 13F Hedge Fund Stock Holdings

Matisse Capital is a hedge fund based in Portland, OR. On 2026-05-08, the fund reported it's updated stock portfolio. In the 13F Holdings report, Matisse Capital reported an equity portfolio of $234.4 Millions as of 31 Mar, 2026.

The top stock holdings of Matisse Capital are AAPL, ACWF, . The fund has invested 3.9% of it's portfolio in APPLE INC and 3.3% of portfolio in ISHARES TR.

The fund managers got completely rid off XAI OCTAGN FLT RAT & ALT INM, ELEVANCE HEALTH INC FORMERLY (ANTX) and OKLO INC (ALCC) stocks. They significantly reduced their stock positions in MFS HIGH YIELD MUN TR, AAR CORP (AIR) and PALANTIR TECHNOLOGIES INC (PLTR). Matisse Capital opened new stock positions in XAI OCTAGN FLT RAT & ALT INM, SOFI TECHNOLOGIES INC (SOFI) and ALIBABA GROUP HLDG LTD (BABA). The fund showed a lot of confidence in some stocks as they added substantially to FULCRUM THERAPEUTICS INC (FULC), J P MORGAN EXCHANGE TRADED F (BBAX) and NUVEEN CR STRATEGIES INCOME.

Matisse Capital Equity Portfolio Value

Last Reported on: 08 May, 2026

Matisse Capital Annual Return Estimates Vs S&P 500

Our best estimate is that Matisse Capital made a return of -0.94% in the last quarter. In trailing 12 months, it's portfolio return was 14.25%.

Performance
S&P 500

New Buys

Ticker	$ Bought
xai octagn flt rat & alt inm	5,911,570
fs specialty lending fd	5,657,020
pimco new york mun fd ii	4,238,270
nuveen floating rate income	1,880,000
blackstone long short cr inc	1,853,000
sofi technologies inc	734,085
alibaba group hldg ltd	694,296
blackrock muniyield n y qual	685,622

New stocks bought by Matisse Capital

Additions

Ticker	% Inc.
fulcrum therapeutics inc	194
j p morgan exchange traded f	190
nuveen cr strategies income	84.71
vanguard bd index fds	81.9
ge vernova inc	78.61
exchange traded concepts tru	32.42
fs credit opportunities corp	26.29
invesco sr income tr	22.68

Additions to existing portfolio by Matisse Capital

Reductions

Ticker	% Reduced
mfs high yield mun tr	-62.35
aar corp	-50.00
mfs mun income tr	-47.53
mfs invt grade mun tr	-44.43
palantir technologies inc	-43.7
total return securities fund	-33.23
sprouts fmrs mkt inc	-28.39
invesco qqq tr	-27.38

Matisse Capital reduced stake in above stock

Sold off

Ticker	$ Sold
xai octagn flt rat & alt inm	-4,416,000
kayne anderson energy infrst	-2,758,750
bny mellon strategic muns in	-750,067
blackrock n y mun income tru	-708,999
gabelli global small & mid c	-605,475
oklo inc	-416,208
grayscale coindesk crypto	-200,418
ishares bitcoin trust etf	-223,226

Matisse Capital got rid off the above stocks

Sector Distribution

Matisse Capital has about 73% of it's holdings in Others sector.

Others
Technology
Industrials
Communication Services
Consumer Cyclical
Financial Services
Consumer Defensive
Healthcare

Sector	%
Others	73
Technology	10.6
Industrials	4
Communication Services	3.1
Consumer Cyclical	2.6
Financial Services	2.2
Consumer Defensive	1.7
Healthcare	1.2

Market Cap. Distribution

Matisse Capital has about 25.6% of it's portfolio invested in the large-cap and mega-cap stocks.

UNALLOCATED
MEGA-CAP
LARGE-CAP

Category	%
UNALLOCATED	73
MEGA-CAP	17.7
LARGE-CAP	7.9

Stocks belong to which Index?

About 27.1% of the stocks held by Matisse Capital either belong to S&P 500 or RUSSELL 2000 index.

Others
S&P 500
RUSSELL 2000

Index	%
Others	72.9
S&P 500	23.9
RUSSELL 2000	3.2

Top 5 Winners (%)		%
XOM	exxon mobil corp	41.0 %
CVX	chevron corporation	35.7 %
LMT	lockheed martin corp	25.0 %
LRCX	lam research corp	24.5 %
	ge vernova inc	24.4 %

Top 5 Winners ($)		$
	taiwan fd inc	1.0 M
LRCX	lam research corp	0.8 M
NXDT	nexpoint diversified rel et	0.7 M
	korea fd inc	0.7 M
XOM	exxon mobil corp	0.5 M

Top 5 Losers (%)		%
WVE	wave life sciences ltd	-56.1 %
IONQ	ionq inc	-34.7 %
SBTX	ars pharmaceuticals inc	-29.2 %
QCOM	qualcomm inc	-24.7 %
FULC	fulcrum therapeutics inc	-24.1 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-1.6 M
	fs credit opportunities corp	-1.2 M
AAPL	apple inc	-0.7 M
	highland global allocation f	-0.5 M
WVE	wave life sciences ltd	-0.4 M

Matisse Capital Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Matisse Capital

Matisse Capital has 162 stocks in it's portfolio. About 26.8% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. was the most profitable stock for Matisse Capital last quarter.

Last Reported on: 08 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.90	36,023	9,142,230	reduced	-1.9

AAXJ	ishares tr	0.58	14,355	1,348,320	added	0.01

ACIO	etf ser solutions	0.18	4,042	433,740	reduced	-2.77

ACM	aecom	0.46	12,611	1,069,660	unchanged	0.00

ACWF	ishares tr	3.34	111,607	7,832,590	reduced	-0.66

ADI	analog devices inc	0.46	3,406	1,083,580	unchanged	0.00

AGT	ishares tr	0.34	9,632	804,946	unchanged	0.00

AGZD	wisdomtree tr	0.30	11,518	692,232	unchanged	0.00

AIR	aar corp	0.14	3,000	328,380	reduced	-50.00

ALCC	oklo inc	0.00	0.00	0.00	sold off	-100

AMRK	gold com inc	0.12	7,270	291,382	unchanged	0.00

AMZN	amazon com inc	1.00	11,305	2,354,510	added	0.36

ANTX	elevance health inc formerly	0.00	0.00	0.00	sold off	-100

ASML	asml hldg nv	0.16	285	376,437	new

ASND	ascendis pharma a/s	2.54	26,077	5,964,590	reduced	-4.5

BA	boeing co	0.16	5,900	382,792	unchanged	0.00

BA	boeing co	0.00	0.00	0.00	sold off	-100

BABA	alibaba group hldg ltd	0.30	5,534	694,296	new

BBAX	j p morgan exchange traded f	0.62	25,443	1,442,100	added	190

BBAX	j p morgan exchange traded f	0.13	6,778	312,262	added	1.16