Q2 2026 13F · SEC CIK 1896148

R Squared Ltd

Investment managerFiled 2026-08-05 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $190.4M
Reported positions: 509
Holdings vs S&P 500, 3 yrs: —
Average holding period: 2 qtrs

R Squared Ltd is an investment manager that reported 509 positions worth $190.4M in its Q2 2026 13F, filed 2026-08-05. Its largest holdings were Txnm Energy Inc (TXNM, 2.0%), Penumbra Inc (PEN, 1.9%), Nvidia Corporation Com (NVDA, 1.9%).

R Squared Ltd holdings largest 50 of 509 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.

R Squared Ltd 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
TXNMTxnm Energy Inc	2.0%	2.4%	68,165	-10.4%	$3.9M
PENPenumbra Inc	1.9%	0.5%	11,502	+344.8%	$3.6M
NVDANvidia Corporation Com	1.9%	—	18,057	—	$3.6M
CCitigroup Inc Com New	1.4%	0.9%	18,911	+31.2%	$2.6M
TSMTaiwan Semiconductor Manufac	1.3%	0.7%	5,197	+44.0%	$2.5M
AAPLApple Inc	1.2%	2.6%	8,201	-56.4%	$2.4M
EAElectronic Arts Inc	1.2%	1.6%	10,775	-22.8%	$2.2M
CHTChunghwa Telecom Co Ltd	1.1%	1.3%	47,851	-13.3%	$2.1M
ISRGIntuitive Surgical Inc	1.0%	—	4,936	—	$2.0M
CVXChevron Corp New	1.0%	1.2%	11,552	+5.4%	$1.9M
ICEIntercontinental Exchange in	0.9%	0.6%	13,989	+110.6%	$1.7M
MDTMedtronic PLC	0.8%	0.5%	20,617	+79.1%	$1.6M
METAMeta Platforms Inc Class A	0.8%	—	2,795	—	$1.6M
NOCNorthrop Grumman Corp	0.8%	—	2,949	—	$1.5M
COSTCostco Whsl Corp New	0.7%	—	1,510	—	$1.4M
TSLATesla Inc Com	0.7%	1.2%	3,178	-43.7%	$1.3M
LHXL3harris Technologies Inc	0.7%	—	4,513	—	$1.3M
PHParker-Hannifin Corp	0.7%	1.1%	1,324	-41.6%	$1.3M
SPGIS&P Global Inc.	0.7%	0.5%	3,129	+56.5%	$1.3M
RTXRtx Corporation Com	0.7%	—	6,661	—	$1.3M
AALAmerican Airlines Group Inc	0.7%	—	68,615	—	$1.2M
WBSWebster Finl Corp	0.6%	—	15,966	—	$1.2M
AMATApplied Matls Inc	0.6%	—	1,643	—	$1.2M
ORLYO'Reilly Automotive Inc	0.6%	0.4%	12,459	+50.6%	$1.1M
GRABGrab Holdings Limited	0.6%	—	300,863	—	$1.1M
STTState Str Corp	0.6%	—	6,176	—	$1.0M
BEBloom Energy Corp	0.5%	—	3,422	—	$1.0M
TMUST-Mobile US Inc	0.5%	—	6,088	—	$1.0M
MSFTMicrosoft Corp	0.5%	1.4%	2,706	-61.8%	$1.0M
CMECme Group Inc	0.5%	—	4,503	—	$994K
TXNTexas Instruments Inc	0.5%	—	3,238	—	$965K
CMICummins Inc	0.5%	0.5%	1,352	-22.8%	$964K
AXSAxis Capital Holdings Ltd	0.5%	0.5%	8,946	-6.6%	$961K
ULUnilever PLC	0.5%	—	15,960	—	$960K
UNFUnifirst Corp Mass	0.5%	—	3,506	—	$927K
MMM3m Co Com	0.5%	—	5,624	—	$911K
INTCIntel Corp	0.5%	—	6,439	—	$899K
MCDMcdonalds Corp Com	0.5%	—	3,277	—	$886K
GMGeneral Mtrs Co	0.5%	—	11,189	—	$862K
DARDarling Ingredients Inc	0.5%	—	15,735	—	$859K
IDAIdacorp Inc	0.5%	—	5,675	—	$859K
NWNNorthwest Nat Hldg Co	0.4%	0.4%	17,429	+19.9%	$855K
NVSNovartis AG	0.4%	—	5,411	—	$848K
IBKRInteractive Brokers Group in	0.4%	—	9,662	—	$841K
XOMExxon Mobil Corp	0.4%	—	6,143	—	$840K
UNPUnion Pac Corp	0.4%	—	3,075	—	$836K
ORCLOracle Corp	0.4%	—	5,684	—	$833K
LYVLive Nation Entertainment in	0.4%	—	4,489	—	$822K
FTVFortive Corp	0.4%	—	13,034	—	$796K
CLHClean Harbors Inc	0.4%	—	2,587	—	$773K

What R Squared Ltd 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

PEN Penumbra Inc+344.8% shares
ICE Intercontinental Exchange in+110.6% shares
MDT Medtronic PLC+79.1% shares
SPGI S&P Global Inc.+56.5% shares
ORLY O'Reilly Automotive Inc+50.6% shares
TSM Taiwan Semiconductor Manufac+44.0% shares
C Citigroup Inc Com New+31.2% shares
NWN Northwest Nat Hldg Co+19.9% shares

Reduced

MSFT Microsoft Corp-61.8% shares
AAPL Apple Inc-56.4% shares
TSLA Tesla Inc Com-43.7% shares
PH Parker-Hannifin Corp-41.6% shares
CMI Cummins Inc-22.8% shares
EA Electronic Arts Inc-22.8% shares
CHT Chunghwa Telecom Co Ltd-13.3% shares
TXNM Txnm Energy Inc-10.4% shares

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: +8.8% /yr; S&P 500 +20.1%
3 years: —
5 years: —

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	$190.4M	509
Q1 2026	$182.1M	477
Q4 2025	$214.0M	513
Q3 2025	$232.4M	537
Q2 2025	$181.4M	458
Q1 2025	$93.6M	289
Q4 2024	$102.8M	1,571

Questions about R Squared Ltd's portfolio

What stocks does R Squared Ltd own?

R Squared Ltd's latest 13F, for Q2 2026 and filed Aug 5, 2026, lists 509 positions worth $190.4M. The largest are Txnm Energy Inc (TXNM) at 2.0%, Penumbra Inc (PEN) at 1.9%, Nvidia Corporation Com (NVDA) at 1.9%, Citigroup Inc Com New (C) at 1.4% and Taiwan Semiconductor Manufac (TSM) at 1.3%.

What did R Squared Ltd buy last quarter?

In Q2 2026, R Squared Ltd added Penumbra Inc (PEN) (+344.8% shares), Intercontinental Exchange in (ICE) (+110.6% shares) and Medtronic PLC (MDT) (+79.1% shares), compared with its Q1 2026 filing.

What did R Squared Ltd sell last quarter?

In Q2 2026, R Squared Ltd cut from its top 50 Hologic Inc (HOLX), cut from its top 50 Lilly Eli & Co (LLY), cut from its top 50 Visa Inc Com Cl A (V), cut from its top 50 Alphabet Inc (GOOGL), cut from its top 50 Waste Connections Inc (WCN), Microsoft Corp (MSFT) (-61.8% shares), Apple Inc (AAPL) (-56.4% shares) and Tesla Inc Com (TSLA) (-43.7% shares), compared with its Q1 2026 filing.

When is R Squared Ltd's next 13F filing due?

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