Q2 2026 13F · SEC CIK 1689470

HMS Capital Management, LLC

Wealth managerFiled 2026-07-21 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $267.4M
Reported positions: 120
Top holdings a year, 3 yrs: +21.4%
Assets under management: $281.9M

HMS Capital Management, LLC is a wealth manager that reported 120 positions worth $267.4M in its Q2 2026 13F, filed 2026-07-21. Its largest holdings were Spdr S&p 500 ETF Tr (SPY, 14.6%), Ishares Tr (LQD, 6.2%), iShs MSCI EAFE (EFA, 5.8%). A portfolio copying its top holdings returned 21.4% a year over the last 3 years, against 20.4% for the S&P 500.

HMS Capital Management, LLC holdings largest 50 of 120 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

HMS Capital Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
SPYSpdr S&p 500 ETF Tr	14.6%	25.1%	52,350	-47.5%	$39.1M
LQDIshares Tr	6.2%	6.4%	152,632	+0.8%	$16.6M
EFAiShs MSCI EAFE	5.8%	5.6%	149,005	-0.1%	$15.5M
QQQInvesco Qqq Tr	5.6%	4.6%	20,173	-1.5%	$14.9M
MUMicron Technology Inc	5.2%	1.8%	12,115	-11.7%	$14.0M
NVDANvidia Corporation Com	3.1%	2.8%	41,317	-1.3%	$8.3M
GRIDFirst Tr Exchange-Traded Fd	2.9%	2.6%	39,884	-1.5%	$7.6M
CWBSpdr Series Trust	2.6%	2.4%	65,653	-1.7%	$7.1M
EEMIshares	2.4%	2.1%	95,374	-0.4%	$6.5M
AVGOBroadcom Inc	1.9%	1.7%	13,537	-2.9%	$5.1M
GSGoldman Sachs Group Inc	1.9%	1.7%	5,005	-0.8%	$5.1M
IWDIshares Russell 1000 Value ETF	1.9%	1.7%	20,600	+3.0%	$5.0M
AMDAdvanced Micro Devices Inc	1.8%	0.7%	8,414	-3.2%	$4.9M
GOOGLAlphabet Inc	1.7%	1.4%	12,430	-0.7%	$4.4M
MUBIshares National Muni Bond ETF	1.5%	0.9%	38,318	+75.9%	$4.1M
AAPLApple Inc	1.5%	1.4%	13,804	-3.0%	$4.0M
XLEState Street Energy Select Sector Spdr E	1.3%	1.6%	66,197	-1.9%	$3.5M
MSFTMicrosoft Corp	1.3%	1.4%	9,202	-5.4%	$3.4M
HYGIshares Trust	1.2%	1.2%	40,716	+1.3%	$3.3M
AMZNAmazon Com Inc Com	1.2%	1.1%	13,480	-1.8%	$3.2M
JPMJpmorgan Chase & Co	1.2%	1.1%	9,506	-1.5%	$3.1M
MCKMckesson Corp Com	1.1%	1.3%	3,784	-1.4%	$2.9M
IWPIshares Russell Mid-Cap Growth ETF	1.0%	0.9%	19,030	+1.0%	$2.8M
BACBank of Amer Corp	0.9%	0.8%	43,421	-2.4%	$2.5M
PHParker-Hannifin Corp	0.9%	0.9%	2,504	-1.0%	$2.4M
AIQGlobal X Fds	0.9%	0.7%	36,678	-3.0%	$2.4M
METAMeta Platforms Inc Class A	0.9%	0.9%	4,052	-0.2%	$2.3M
VOOVanguard S&p 500 ETF	0.8%	0.6%	3,197	+14.8%	$2.2M
IWFIshares Russell 1000 Growth ETF	0.8%	0.7%	17,484	+300.0%	$2.2M
LLYLilly Eli & Co	0.7%	0.6%	1,657	-2.0%	$2.0M
BKNGBooking Holdings Inc Com	0.7%	0.7%	10,807	+2361.7%	$1.9M
HCAHCA Healthcare Inc	0.7%	0.9%	4,774	-0.6%	$1.9M
NFLXNetflix Inc Total	0.7%	0.9%	24,796	-2.4%	$1.8M
WMTWalmart Inc	0.6%	0.7%	14,958	+0.0%	$1.7M
WMWaste Mgmt Inc Del	0.6%	0.6%	7,174	-1.3%	$1.6M
MAMastercard Inc.	0.6%	0.6%	3,031	-0.3%	$1.6M
MSIMotorola Solutions Inc	0.6%	0.6%	3,619	-2.7%	$1.5M
FIXComfort Sys USA Inc	0.6%	0.4%	742	-3.4%	$1.5M
CDNSCadence Design System Inc	0.5%	0.4%	3,831	-3.2%	$1.4M
URIUnited Rentals Inc Com	0.5%	—	1,263	—	$1.4M
QCOMQualcomm Inc	0.5%	0.4%	7,705	-2.9%	$1.4M
KOCoca Cola Co	0.5%	0.5%	16,339	-1.2%	$1.3M
AEEAmeren Corp	0.5%	0.5%	11,312	-1.4%	$1.3M
STRLSterling Infrastructure Inc	0.5%	—	1,508	—	$1.3M
PGProcter & Gamble Co Com	0.4%	0.5%	8,184	-0.9%	$1.2M
MTSIMacom Tech Solutions Hldgs I	0.4%	—	3,147	—	$1.2M
SYKStryker Corporation	0.4%	0.5%	3,781	-1.6%	$1.2M
CWCurtiss Wright Corp	0.4%	0.4%	1,567	+0.0%	$1.2M
CRSCarpenter Technology Corp	0.4%	—	1,853	—	$1.1M
STLDSteel Dynamics, Inc.	0.4%	—	4,818	—	$1.1M

What HMS Capital Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

BKNG Booking Holdings Inc Com+2361.7% shares
IWF Ishares Russell 1000 Growth ETF+300.0% shares
MUB Ishares National Muni Bond ETF+75.9% shares
VOO Vanguard S&p 500 ETF+14.8% shares

Reduced

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +22.9% /yr; S&P 500 +20.1%
3 years: +21.4% /yr; S&P 500 +20.4%
5 years: +11.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$267.4M	120
Q1 2026	$258.5M	113
Q4 2025	$241.7M	103
Q3 2025	$237.8M	107
Q2 2025	$221.8M	105
Q1 2025	$180.3M	104
Q4 2024	$206.9M	107
Q3 2024	$204.0M	108
Q2 2024	$191.9M	108
Q1 2024	$180.5M	107
Q4 2023	$162.7M	108
Q3 2023	$151.1M	107

Questions about HMS Capital Management, LLC's portfolio

What stocks does HMS Capital Management, LLC own?

HMS Capital Management, LLC's latest 13F, for Q2 2026 and filed Jul 21, 2026, lists 120 positions worth $267.4M. The largest are Spdr S&p 500 ETF Tr (SPY) at 14.6%, Ishares Tr (LQD) at 6.2%, iShs MSCI EAFE (EFA) at 5.8%, Invesco Qqq Tr (QQQ) at 5.6% and Micron Technology Inc (MU) at 5.2%.

What did HMS Capital Management, LLC buy last quarter?

In Q2 2026, HMS Capital Management, LLC added Booking Holdings Inc Com (BKNG) (+2361.7% shares), Ishares Russell 1000 Growth ETF (IWF) (+300.0% shares) and Ishares National Muni Bond ETF (MUB) (+75.9% shares), compared with its Q1 2026 filing.

What did HMS Capital Management, LLC sell last quarter?

In Q2 2026, HMS Capital Management, LLC cut from its top 50 Alcoa Corporation (AA), cut from its top 50 Alamos Gold Inc (AGI), cut from its top 50 Mcdonalds Corp Com (MCD), cut from its top 50 Celestica Inc (CLS), cut from its top 50 Wynn Resorts Ltd (WYNN), Spdr S&p 500 ETF Tr (SPY) (-47.5% shares), Micron Technology Inc (MU) (-11.7% shares) and Microsoft Corp (MSFT) (-5.4% shares), compared with its Q1 2026 filing.

How has HMS Capital Management, LLC's portfolio performed?

A portfolio copying HMS Capital Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +21.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +22.9% against +20.1%. Over 5 years: +11.3% a year against +11.6%.

When is HMS Capital Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. HMS Capital Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does HMS Capital Management, LLC manage?

HMS Capital Management, LLC reported $281.9M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $267.4M.