AGAVE CAPITAL MANAGEMENT Ltd — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, AGAVE CAPITAL MANAGEMENT Ltd initiated 3 new positions, increased allocation to 2 existing positions, trimmed 2 positions, and exited 18 positions entirely. The fund's 13F equity book grew from $0.60B to $0.62B (+3.9% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $0.60BPrior quarter
- $0.62BCurrent quarter
- + $0.02BNet delta
- +3.9%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| ALPHABET INC | GOOG | 9.01% | History → |
| HOME DEPOT INC | HD | 8.97% | History → |
| ANALOG DEVICES INC | ADI | 7.42% | History → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| ISHARES TR | IVV | +38.69% | +194.01% | History → |
| LINDE PLC | LIN | +1.43% | +20.69% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| SPDR SERIES TRUST | KRE | -2.81% | -56.73% | History → |
| VANECK ETF TRUST | SMH | -0.42% | -8.69% | History → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| MICROSOFT CORP | MSFT | 11.82% |
| THE BOEING COMPANY | BA | 6.16% |
| ALPHABET INC | GOOGL | 5.24% |
| ULTA BEAUTY INC | ULTA | 4.76% |
| PALANTIR TECHNOLOGIES INC | PLTR | 3.91% |
| HONEYWELL INTL INC | HON | 3.88% |
| ACCENTURE PLC IRELAND | ACN | 3.71% |
| NVIDIA CORPORATION | NVDA | 3.46% |
| GENERAL MTRS CO | GM | 3.16% |
| AMAZON COM INC | AMZN | 3.09% |
| BOOKING HOLDINGS INC | BKNG | 2.70% |
| COSTCO WHOLESALE CORPORATION | COST | 2.36% |
| TE CONNECTIVITY PLC | TEL | 2.29% |
| BANK AMERICA CORP | BAC | 1.85% |
| T-MOBILE US INC | TMUS | 1.36% |
| SPDR SERIES TRUST | KBE | 1.19% |
| KRANESHARES TRUST | KWEB | 0.77% |
| ST SR UTL SL SE SPDR ETF-USD | XLU | 0.47% |
Methodology & FAQ
How AGAVE CAPITAL MANAGEMENT Ltd Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for AGAVE CAPITAL MANAGEMENT Ltd against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did AGAVE CAPITAL MANAGEMENT Ltd initiate in Q1 2026?
AGAVE CAPITAL MANAGEMENT Ltd established 3 new positions in Q1 2026: ALPHABET INC (GOOG, 9.01%), HOME DEPOT INC (HD, 8.97%), ANALOG DEVICES INC (ADI, 7.42%).
Which existing positions saw the largest allocation increases for AGAVE CAPITAL MANAGEMENT Ltd in Q1 2026?
The largest portfolio-weight increases in existing positions were: ISHARES TR (IVV, +38.69% weight, +194.01% shares), LINDE PLC (LIN, +1.43% weight, +20.69% shares).
Which positions did AGAVE CAPITAL MANAGEMENT Ltd fully exit in Q1 2026?
AGAVE CAPITAL MANAGEMENT Ltd fully exited 18 positions in Q1 2026: MICROSOFT CORP (MSFT, last-reported weight 11.82%), THE BOEING COMPANY (BA, last-reported weight 6.16%), ALPHABET INC (GOOGL, last-reported weight 5.24%), ULTA BEAUTY INC (ULTA, last-reported weight 4.76%), PALANTIR TECHNOLOGIES INC (PLTR, last-reported weight 3.91%), HONEYWELL INTL INC (HON, last-reported weight 3.88%), ACCENTURE PLC IRELAND (ACN, last-reported weight 3.71%), NVIDIA CORPORATION (NVDA, last-reported weight 3.46%), GENERAL MTRS CO (GM, last-reported weight 3.16%), AMAZON COM INC (AMZN, last-reported weight 3.09%), BOOKING HOLDINGS INC (BKNG, last-reported weight 2.70%), COSTCO WHOLESALE CORPORATION (COST, last-reported weight 2.36%), TE CONNECTIVITY PLC (TEL, last-reported weight 2.29%), BANK AMERICA CORP (BAC, last-reported weight 1.85%), T-MOBILE US INC (TMUS, last-reported weight 1.36%), SPDR SERIES TRUST (KBE, last-reported weight 1.19%), KRANESHARES TRUST (KWEB, last-reported weight 0.77%), ST SR UTL SL SE SPDR ETF-USD (XLU, last-reported weight 0.47%).
Which existing positions saw the largest allocation reductions for AGAVE CAPITAL MANAGEMENT Ltd in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: SPDR SERIES TRUST (KRE, -2.81% weight, -56.73% shares), VANECK ETF TRUST (SMH, -0.42% weight, -8.69% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.