Karl Kapital LLC

SAN FRANCISCO, CA · CIK 2058849 · 13F filing filed 2026-08-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityKARL KAPITAL LLC (US)

Others nearbySan Francisco, CA

$167.9m reported value +16.3% vs Q1 2026

25positions

56.3%in top 10

11 new 7 added 7 reduced 8 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	COMPASS INC CL A COMP	COMP	1,202,967	$14.8m8.83%	8.83%	New
2	ENCORE CAP GROUP INC COM ECPG	ECPG	139,536	$13.0m7.75%	7.75%	Reduced -83.1k	-83,075 -37.3%
3	FLYWIRE CORPORATION COM VTG FLYW	FLYW	681,049	$12.0m7.13%	7.13%	Reduced -323.5k	-323,531 -32.2%
4	CAPITAL ONE FINL CORP COM COF	COF	51,276	$10.3m6.13%	6.13%	Reduced -4.3k	-4,272 -7.7%
5	HENRY JACK & ASSOC INC COM JKHY	JKHY	56,636	$7.8m4.65%	4.65%	New
6	SEI INVTS CO COM SEIC	SEIC	88,816	$7.8m4.64%	4.64%	Added +16.7k	+16,676 23.1%
7	UMB FINL CORP COM UMBF	UMBF	52,019	$7.4m4.42%	4.42%	Reduced -10.3k	-10,295 -16.5%
8	VALLEY NATL BANCORP COM VLY	VLY	490,651	$7.2m4.28%	4.28%	Added +86.9k	+86,931 21.5%
9	VISA INC COM CL A V	V	20,877	$7.2m4.27%	4.27%	Added +3.6k	+3,591 20.8%
10	SOMNIGROUP INTERNATIONAL INC COM SGI	SGI	89,395	$7.0m4.17%	4.17%	New
11	PROG HOLDINGS INC COM NPV PRG	PRG	143,375	$6.7m3.98%	3.98%	New
12	WISDOMTREE INC COM WT	WT	382,391	$6.5m3.86%	3.86%	New
13	LPL FINL HLDGS INC COM LPLA	LPLA	22,675	$6.4m3.80%	3.80%	Added +4.7k	+4,681 26.0%
14	WEBULL CORP ORD SHS BULL	BULL	936,592	$6.1m3.64%	3.64%	New
15	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	47,952	$5.9m3.52%	3.52%	Added +16.4k	+16,429 52.1%
16	SKYWARD SPECIALTY INS GROUP COM SKWD	SKWD	93,911	$5.5m3.26%	3.26%	Reduced -158.5k	-158,504 -62.8%
17	FUTU HLDGS LTD SPON ADS CL A FUTU	FUTU	54,843	$5.1m3.06%	3.06%	Added +6.9k	+6,896 14.4%
18	PROGRESSIVE CORP COM PGR	PGR	22,529	$4.9m2.93%	2.93%	Reduced -1.9k	-1,922 -7.9%
19	FORTUNE BRANDS INNOVATIONS I COM FBIN	FBIN	85,703	$4.7m2.80%	2.80%	New
20	AFFIRM HLDGS INC COM CL A AFRM	AFRM	56,496	$4.6m2.74%	2.74%	Reduced -83.8k	-83,794 -59.7%
21	CENTURY CMNTYS INC COM CCS	CCS	61,651	$4.4m2.63%	2.63%	Added +2.3k	+2,296 3.9%
22	VIRTU FINL INC CL A VIRT	VIRT	63,941	$3.8m2.27%	2.27%	New
23	EQUINIX INC COM EQIX	EQIX	3,323	$3.5m2.06%	2.06%	New
24	D R HORTON INC COM DHI	DHI	19,843	$3.2m1.92%	1.92%	New
25	TRAEGER INC COM NEW COOK	COOK	26,629	$2.1m1.25%	1.25%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
S&P GLOBAL INC SPGI	SPGI	18,005	$7.7m18.0k shares
UWM HOLDINGS CORPORATION UWMC	UWMC	2,012,105	$7.3m2.0m shares
ROCKET COS INC RKT	RKT	344,556	$4.9m344.6k shares
ACADIAN ASSET MANAGEMENT INC AAMI	AAMI	90,048	$4.9m90.0k shares
P10 INC RPC	RPC	651,082	$4.7m651.1k shares
ENOVA INTL INC ENVA	ENVA	34,641	$4.7m34.6k shares
BGC GROUP INC BGC	BGC	383,974	$3.8m384.0k shares
UBS GROUP AG UBS	UBS	88,866	$3.5m88.9k shares