Latest Waterloo Capital, L.P. Stock Portfolio

Waterloo Capital, L.P. Performance:

2025 Q4: -0.99%YTD: 9.49%2024: 12.19%

Performance for 2025 Q4 is -0.99%, and YTD is 9.49%, and 2024 is 12.19%.

About Waterloo Capital, L.P. and 13F Hedge Fund Stock Holdings

On 2026-02-10, the fund reported it's updated stock portfolio. In the 13F Holdings report, Waterloo Capital, L.P. reported an equity portfolio of $1.4 Billions as of 31 Dec, 2025.

The top stock holdings of Waterloo Capital, L.P. are IJR, WMT, BIL. The fund has invested 3.9% of it's portfolio in ISHARES S&P 500 INDEX and 3.5% of portfolio in WALMART INC COM.

They significantly reduced their stock positions in FS KKR CAP CORP COM (FSK), STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF (XLB) and ROPER INDUSTRIES INC (ROP). Waterloo Capital, L.P. opened new stock positions in FIDELITY ENHANCED INTERNATIONAL ETF, ISHARES MSCI EMERGING MARKETS EX CHINA ETF (EMGF) and VANGUARD RUSSELL 2000 ETF (BNDW). The fund showed a lot of confidence in some stocks as they added substantially to FIRST FINL BANKSHARES INC COM (FFIN), NETFLIX COM INC (NFLX) and HOST MARRIOTT CORP NEW REIT (HST).

Waterloo Capital, L.P. Annual Return Estimates Vs S&P 500

Our best estimate is that Waterloo Capital, L.P. made a return of -0.99% in the last quarter. In trailing 12 months, it's portfolio return was 9.49%.

Performance
S&P 500

New Buys

Ticker	$ Bought
fidelity enhanced international etf	24,928,000
ishares msci emerging markets ex china etf	6,054,580
vanguard russell 2000 etf	3,706,140
bny mellon global infrastructure income etf	2,746,950
crown castle intl corp	1,863,180
vertex pharmaceuticals in	1,781,250
ishares core total usd bond market etf	1,120,050
ishares russell 3000 etf	995,365

New stocks bought by Waterloo Capital, L.P.

Additions

Ticker	% Inc.
first finl bankshares inc com	978
netflix com inc	755
host marriott corp new reit	543
vertiv holdings co com cl a	520
servicenow inc com	384
merck & co inc	231
newmont corp com	230
hca inc	207

Additions to existing portfolio by Waterloo Capital, L.P.

Reductions

Ticker	% Reduced
fs kkr cap corp com	-83.43
state street industrial select sector spdr etf	-82.15
roper industries inc	-66.26
t-mobile us inc com	-65.7
unitedhealth group	-64.83
intuitive machines inc class a com	-61.72
digital realty trust inc	-58.28
american tower corp	-56.89

Waterloo Capital, L.P. reduced stake in above stock

Sold off

None of the stocks were completely sold off by Waterloo Capital, L.P.

Sector Distribution

Waterloo Capital, L.P. has about 57.8% of it's holdings in Others sector.

Sector	%
Others	57.8
Technology	11.4
Consumer Defensive	5.6
Financial Services	5.3
Real Estate	3.5
Consumer Cyclical	3.3
Communication Services	3.1
Healthcare	3
Industrials	2.9
Utilities	1.9
Energy	1.7

Market Cap. Distribution

Waterloo Capital, L.P. has about 37.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	57.7
MEGA-CAP	20.1
LARGE-CAP	17
MID-CAP	4.5

Stocks belong to which Index?

About 37.1% of the stocks held by Waterloo Capital, L.P. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	62.8
S&P 500	35.5
RUSSELL 2000	1.6

Top 5 Winners (%)		%
MU	micron technology	60.5 %
JBHT	hunt j b trans svcs inc com	39.0 %
	intuitive machines inc class a com	37.5 %
WDC	western digital corp com	36.8 %
LLY	eli lilly & co com	36.6 %

Top 5 Winners ($)		$
WMT	walmart inc com	3.5 M
GOOG	alphabet inc cap stk cl c	2.5 M
AAPL	apple inc	2.3 M
GOOG	alphabet inc cap stk cl a	1.9 M
LLY	eli lilly & co com	1.2 M

Top 5 Losers (%)		%
NFLX	netflix com inc	-86.8 %
NOW	servicenow inc com	-75.1 %
XLB	state street consumer discretionary select sector spdr etf	-42.8 %
XLB	state street technology select sector spdr etf	-41.6 %
RBLX	roblox corp cl a	-36.7 %

Top 5 Losers ($)		$
NFLX	netflix com inc	-23.5 M
NOW	servicenow inc com	-9.3 M
MSFT	microsoft	-1.6 M
XLB	state street technology select sector spdr etf	-1.5 M
ORCL	oracle corporation	-1.1 M

Waterloo Capital, L.P. Holdings Map

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

Current Stock Holdings of Waterloo Capital, L.P.

Waterloo Capital, L.P. has 452 stocks in it's portfolio. About 26.3% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. WMT was the most profitable stock for Waterloo Capital, L.P. last quarter.

Last Reported on: 10 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	2.73	139,654	37,966,400	added	5.72

AAXJ	ishares national muni bond etf	1.07	138,385	14,822,400	added	2.1

AAXJ	ishares msci acwi ex u.s. etf	0.43	88,506	5,941,400	added	0.82

AAXJ	ishares 3-7 year treasury bond etf	0.08	9,700	1,157,700	reduced	-56.45

ABBV	abbvie inc com	0.37	22,428	5,124,510	added	1.99

ABC	cencora inc com	0.14	5,960	2,013,140	added	6.77

ABNB	airbnb inc com cl a	0.02	1,674	227,195	reduced	-3.52

ABT	abbott labs com	0.06	6,603	827,327	reduced	-6.19

ACIO	aptus collared investment opportunity etf	2.39	759,401	33,185,800	reduced	-9.72

ACIO	aptus defined risk etf	1.39	679,415	19,342,900	reduced	-3.76

ACIO	opus small cap value etf	1.25	468,437	17,346,200	added	3.39

ACIO	aptus drawdown managed equity etf	0.97	263,007	13,494,900	added	1.63

ACN	accenture ltd bermuda cl a	0.05	2,467	661,840	added	37.82

ACWF	ishares 0-5 year high yield corporate bond etf	0.81	263,331	11,289,000	added	12.00

ACWF	ishares 0-5 year investment grade corporate bond etf	0.76	207,052	10,497,500	reduced	-6.5

ACWF	ishares core total usd bond market etf	0.08	24,066	1,120,050	new

ACWF	ishares treasury floating rate bond etf	0.04	11,390	574,720	added	1.49

ACWF	ishares msci intl quality factor etf	0.02	7,267	330,294	unchanged	0.00

ADBE	adobe sys inc	0.03	1,095	383,239	reduced	-17.73

ADI	analog devices inc com	0.02	1,238	335,683	added	5.27