MASTERS CAPITAL MANAGEMENT LLC

Est. AUM

$3.03B

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

View filings ↗

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	ISHARES TRCALL	20 YR TR BD ETF	$346.8M	4000000	11.46%	SOLE
2	ALIBABA GROUP HLDG LTDCALL	SPONSORED ADS	$125.5M	1000000	4.15%	SOLE
3	INTERNATIONAL BUSINESS MACHSCALL	COM	$121.2M	500000	4.00%	SOLE
4	CITIGROUP INCCALL	COM NEW	$113.4M	1000000	3.75%	SOLE
5	UNITED PARCEL SVCS INCCALL	CL B	$98.4M	1000000	3.25%	SOLE
6	WAYFAIR INCCALL	CL A	$75.2M	1000000	2.49%	SOLE
7	GENERAL MTRS COCALL	COM	$74.5M	1000000	2.46%	SOLE
8	DELTA AIR LINES INC	COM NEW	$66.5M	1000000	2.20%	SOLE
9	DELTA AIR LINES INCPUT	COM NEW	$66.5M	1000000	2.20%	SOLE
10	BRISTOL-MYERS SQUIBB COCALL	COM	$60.6M	1000000	2.00%	SOLE
11	AIR PRODUCTS AND CHEMICALS ICALL	COM	$58.1M	200000	1.92%	SOLE
12	BORGWARNER INCCALL	COM	$54.3M	1000000	1.79%	SOLE
13	ECOLAB INCCALL	COM	$53.2M	200000	1.76%	SOLE
14	CLOROX CO DELCALL	COM	$51.8M	500000	1.71%	SOLE
15	SLB LIMITEDCALL	COM STK	$51.4M	1000000	1.70%	SOLE
16	MOHAWK INDS INC	COM	$49.2M	500000	1.63%	SOLE
17	UNITED PARCEL SVCS INC	CL B	$49.2M	500000	1.63%	SOLE
18	FREEPORT MCMORAN INCCALL	CL B	$47.0M	800000	1.55%	SOLE
19	INTEL CORPCALL	COM	$44.1M	1000000	1.46%	SOLE
20	FLUOR CORP	COM	$43.2M	925000	1.43%	SOLE
21	AST SPACEMOBILE INC	COM CL A	$41.4M	500000	1.37%	SOLE
22	AST SPACEMOBILE INCCALL	COM CL A	$41.4M	500000	1.37%	SOLE
23	NOV INC	COM	$37.6M	2000000	1.24%	SOLE
24	ARCHER DANIELS MIDLAND COCALL	COM	$36.3M	500000	1.20%	SOLE
25	CVS HEALTH CORPCALL	COM	$35.9M	500000	1.19%	SOLE
26	ORMAT TECHNOLOGIES INCCALL	COM	$33.6M	300000	1.11%	SOLE
27	BOSTON SCIENTIFIC CORPCALL	COM	$31.4M	500000	1.04%	SOLE
28	MOHAWK INDS INCCALL	COM	$29.5M	300000	0.98%	SOLE
29	IONQ INCCALL	COM	$28.8M	1000000	0.95%	SOLE
30	FIREFLY AEROSPACE INCCALL	COM	$28.5M	1000000	0.94%	SOLE
31	FIFTH THIRD BANCORPCALL	COM	$27.9M	600000	0.92%	SOLE
32	YPF SOCIEDAD ANONIMACALL	SPON ADR CL D	$23.1M	500000	0.76%	SOLE
33	NCR VOYIX CORPORATION	COM	$22.2M	3500000	0.73%	SOLE
34	BRAINSWAY LTD	SPONSORED ADS	$21.9M	1650000	0.72%	SOLE
35	BARCLAYS PLC	ADR	$21.2M	1000000	0.70%	SOLE
36	BARCLAYS PLCCALL	ADR	$21.2M	1000000	0.70%	SOLE
37	DAUCH CORP	COM	$20.8M	3500000	0.69%	SOLE
38	FLUOR CORPCALL	COM	$20.1M	430000	0.66%	SOLE
39	BOEING COCALL	COM	$19.9M	100000	0.66%	SOLE
40	ALCOA CORPCALL	COM	$19.9M	300000	0.66%	SOLE
41	HORMEL FOODS CORP	COM	$19.3M	850000	0.64%	SOLE
42	LIONSGATE STUDIOS CORP	COM	$19.1M	1994814	0.63%	SOLE
43	FLOTEK INDUSTRIES INC	COM NEW	$18.5M	1089438	0.61%	SOLE
44	THE REALREAL INC	COM	$18.2M	2000000	0.60%	SOLE
45	THE REALREAL INCCALL	COM	$18.2M	2000000	0.60%	SOLE
46	INTERNATIONAL PAPER COCALL	COM	$17.9M	500000	0.59%	SOLE
47	CLEVELAND-CLIFFS INC NEWCALL	COM	$16.9M	2000000	0.56%	SOLE
48	NOKIA CORP	SPONSORED ADR	$16.1M	2000000	0.53%	SOLE
49	EASTMAN CHEM CO	COM	$15.3M	200000	0.50%	SOLE
50	FASTLY INCCALL	CL A	$14.5M	500000	0.48%	SOLE

1–50 of 85

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Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.