MASTERS CAPITAL MANAGEMENT LLC Hedge Fund

CIK: 0001104186 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $2,760,167 (100.0% shares, 0.0% debt)

Holdings (78)

SPY SPDR S&P 500 ETF TR 24.1%
Value ($000) $666,180 Shares 1,000,000 Est. Cost Unrealized
IBM INTERNATIONAL BUSINESS MACHS 5.1%
Value ($000) $141,080 Shares 500,000 Est. Cost Unrealized
GILD GILEAD SCIENCES INC 4.0%
Value ($000) $111,000 Shares 1,000,000 Est. Cost Unrealized
C CITIGROUP INC 3.7%
Value ($000) $101,500 Shares 1,000,000 Est. Cost Unrealized
UPS UNITED PARCEL SERVICE INC 3.0%
Value ($000) $83,530 Shares 1,000,000 Est. Cost $106.47 Unrealized -17.2%
GLW CORNING INC 3.0%
Value ($000) $82,038 Shares 1,000,100 Est. Cost Unrealized
SLB SCHLUMBERGER LTD 2.5%
Value ($000) $68,740 Shares 2,000,000 Est. Cost Unrealized
INTC INTEL CORP 2.4%
Value ($000) $67,100 Shares 2,000,000 Est. Cost $22.54 Unrealized +7.5%
AA ALCOA CORP 2.4%
Value ($000) $65,780 Shares 2,000,000 Est. Cost Unrealized
GM GENERAL MTRS CO 2.2%
Value ($000) $60,970 Shares 1,000,000 Est. Cost Unrealized
DAL DELTA AIR LINES INC DEL 2.1%
Value ($000) $56,750 Shares 1,000,000 Est. Cost $37.23 Unrealized +52.6%
DAL DELTA AIR LINES INC DEL 2.1%
Value ($000) $56,750 Shares 1,000,000 Est. Cost $37.23 Unrealized +52.6%
EMN EASTMAN CHEM CO 1.8%
Value ($000) $50,440 Shares 800,000 Est. Cost $77.85 Unrealized -12.4%
XBI SPDR SERIES TRUST 1.8%
Value ($000) $50,100 Shares 500,000 Est. Cost Unrealized
BMY BRISTOL-MYERS SQUIBB CO 1.6%
Value ($000) $45,100 Shares 1,000,000 Est. Cost $47.20 Unrealized -3.6%
BWA BORGWARNER INC 1.6%
Value ($000) $43,960 Shares 1,000,000 Est. Cost Unrealized
FLR FLUOR CORP NEW 1.5%
Value ($000) $42,070 Shares 1,000,000 Est. Cost $34.58 Unrealized +33.1%
ADM ARCHER DANIELS MIDLAND CO 1.5%
Value ($000) $41,818 Shares 700,000 Est. Cost $57.76 Unrealized 0.0%
NUE NUCOR CORP 1.5%
Value ($000) $40,629 Shares 300,000 Est. Cost Unrealized
FCX FREEPORT-MCMORAN INC 1.4%
Value ($000) $39,220 Shares 1,000,000 Est. Cost Unrealized
XOM EXXON MOBIL CORP 1.2%
Value ($000) $33,825 Shares 300,000 Est. Cost Unrealized
EMN EASTMAN CHEM CO 1.1%
Value ($000) $31,525 Shares 500,000 Est. Cost $77.85 Unrealized -12.4%
EMN EASTMAN CHEM CO 1.1%
Value ($000) $31,525 Shares 500,000 Est. Cost $77.85 Unrealized -12.4%
FLR FLUOR CORP NEW 1.1%
Value ($000) $29,449 Shares 700,000 Est. Cost $34.58 Unrealized +33.1%
NOV NOV INC 1.0%
Value ($000) $26,500 Shares 2,000,000 Est. Cost $15.16 Unrealized -14.8%
VYX NCR VOYIX CORPORATION 1.0%
Value ($000) $26,355 Shares 2,100,000 Est. Cost $11.18 Unrealized +17.9%
MHK MOHAWK INDS INC 0.9%
Value ($000) $25,784 Shares 200,000 Est. Cost $123.84 Unrealized 0.0%
PFE PFIZER INC 0.9%
Value ($000) $25,480 Shares 1,000,000 Est. Cost Unrealized
UPS UNITED PARCEL SERVICE INC 0.9%
Value ($000) $25,059 Shares 300,000 Est. Cost $106.47 Unrealized -17.2%
HAL HALLIBURTON CO 0.9%
Value ($000) $24,600 Shares 1,000,000 Est. Cost Unrealized
ASTS AST SPACEMOBILE INC 0.9%
Value ($000) $24,540 Shares 500,000 Est. Cost $5.67 Unrealized +749.6%
CLF CLEVELAND-CLIFFS INC NEW 0.9%
Value ($000) $24,400 Shares 2,000,000 Est. Cost $17.74 Unrealized -40.7%
F FORD MTR CO 0.9%
Value ($000) $23,920 Shares 2,000,000 Est. Cost Unrealized
DOW DOW INC 0.8%
Value ($000) $22,930 Shares 1,000,000 Est. Cost $25.01 Unrealized -2.8%
PONY PONY AI INC 0.8%
Value ($000) $22,490 Shares 1,000,000 Est. Cost $11.59 Unrealized
BCS BARCLAYS PLC 0.7%
Value ($000) $20,670 Shares 1,000,000 Est. Cost $6.27 Unrealized
ENVX ENOVIX CORPORATION 0.7%
Value ($000) $19,940 Shares 2,000,000 Est. Cost $10.26 Unrealized +10.6%
ADM ARCHER DANIELS MIDLAND CO 0.6%
Value ($000) $17,922 Shares 300,000 Est. Cost $57.76 Unrealized 0.0%
NXE NEXGEN ENERGY LTD 0.6%
Value ($000) $17,900 Shares 2,000,000 Est. Cost $6.37 Unrealized +15.7%
BABA ALIBABA GROUP HLDG LTD 0.6%
Value ($000) $17,873 Shares 100,000 Est. Cost Unrealized
RUN SUNRUN INC 0.6%
Value ($000) $17,290 Shares 1,000,000 Est. Cost Unrealized
BWAY BRAINSWAY LTD 0.5%
Value ($000) $15,070 Shares 1,000,000 Est. Cost $8.94 Unrealized
FTK FLOTEK INDS INC DEL 0.5%
Value ($000) $14,600 Shares 1,000,000 Est. Cost $8.04 Unrealized +57.2%
VFC V F CORP 0.5%
Value ($000) $14,430 Shares 1,000,000 Est. Cost $19.26 Unrealized -30.2%
VFC V F CORP 0.5%
Value ($000) $14,430 Shares 1,000,000 Est. Cost $19.26 Unrealized -30.2%
LION LIONSGATE STUDIOS CORP 0.5%
Value ($000) $13,800 Shares 2,000,000 Est. Cost $6.69 Unrealized -3.9%
OLN OLIN CORP 0.5%
Value ($000) $13,745 Shares 550,000 Est. Cost $21.88 Unrealized 0.0%
TLS TELOS CORP MD 0.5%
Value ($000) $13,680 Shares 2,000,000 Est. Cost $12.36 Unrealized -61.3%
NOV NOV INC 0.5%
Value ($000) $13,250 Shares 1,000,000 Est. Cost $15.16 Unrealized -14.8%
MHK MOHAWK INDS INC 0.5%
Value ($000) $12,892 Shares 100,000 Est. Cost $123.84 Unrealized 0.0%
PBR PETROLEO BRASILEIRO SA PETRO 0.5%
Value ($000) $12,660 Shares 1,000,000 Est. Cost $14.34 Unrealized
OLN OLIN CORP 0.5%
Value ($000) $12,495 Shares 500,000 Est. Cost $21.88 Unrealized 0.0%
EVEX EVE HLDG INC 0.4%
Value ($000) $11,621 Shares 3,050,000 Est. Cost $4.08 Unrealized +30.5%
DOW DOW INC 0.4%
Value ($000) $11,465 Shares 500,000 Est. Cost $25.01 Unrealized -2.8%
DNLI DENALI THERAPEUTICS INC 0.4%
Value ($000) $10,890 Shares 750,000 Est. Cost $14.13 Unrealized +1.7%
VALE VALE S A 0.4%
Value ($000) $10,860 Shares 1,000,000 Est. Cost $10.86 Unrealized
CRC CALIFORNIA RES CORP 0.4%
Value ($000) $10,636 Shares 200,000 Est. Cost $49.44 Unrealized 0.0%
REAL THE REALREAL INC 0.4%
Value ($000) $10,630 Shares 1,000,000 Est. Cost $7.40 Unrealized 0.0%
REAL THE REALREAL INC 0.4%
Value ($000) $10,630 Shares 1,000,000 Est. Cost $7.40 Unrealized 0.0%
ACHR ARCHER AVIATION INC 0.3%
Value ($000) $9,577 Shares 999,700 Est. Cost $4.00 Unrealized +147.3%
AOMR ANGEL OAK MORTGAGE REIT INC 0.3%
Value ($000) $9,370 Shares 1,000,000 Est. Cost $12.26 Unrealized
GSM FERROGLOBE PLC 0.3%
Value ($000) $9,100 Shares 2,000,000 Est. Cost $4.09 Unrealized +4.0%
BMY BRISTOL-MYERS SQUIBB CO 0.3%
Value ($000) $9,020 Shares 200,000 Est. Cost $47.20 Unrealized -3.6%
GPRE GREEN PLAINS INC 0.3%
Value ($000) $8,790 Shares 1,000,000 Est. Cost $5.79 Unrealized +51.4%
BORR BORR DRILLING LTD 0.3%
Value ($000) $8,070 Shares 3,000,000 Est. Cost $2.79 Unrealized -10.9%
DCH AMERICAN AXLE & MFG HLDGS IN 0.3%
Value ($000) $7,212 Shares 1,200,000 Est. Cost $5.35 Unrealized 0.0%
HTZ HERTZ GLOBAL HLDGS INC 0.2%
Value ($000) $6,800 Shares 1,000,000 Est. Cost Unrealized
RIG TRANSOCEAN LTD 0.2%
Value ($000) $6,240 Shares 2,000,000 Est. Cost $3.02 Unrealized 0.0%
DQ DAQO NEW ENERGY CORP 0.2%
Value ($000) $5,626 Shares 200,000 Est. Cost $28.13 Unrealized
EVTL VERTICAL AEROSPACE LTD 0.2%
Value ($000) $5,190 Shares 1,000,000 Est. Cost Unrealized
CE CELANESE CORP DEL 0.2%
Value ($000) $4,208 Shares 100,000 Est. Cost $49.73 Unrealized 0.0%
LUCD LUCID DIAGNOSTICS INC 0.1%
Value ($000) $4,039 Shares 3,999,273 Est. Cost $1.17 Unrealized -6.3%
RIG TRANSOCEAN LTD 0.1%
Value ($000) $3,120 Shares 1,000,000 Est. Cost $3.02 Unrealized 0.0%
STIM NEURONETICS INC 0.1%
Value ($000) $2,730 Shares 1,000,000 Est. Cost $1.26 Unrealized +182.4%
PLUG PLUG POWER INC 0.1%
Value ($000) $2,330 Shares 1,000,000 Est. Cost $1.00 Unrealized +70.0%
NFE NEW FORTRESS ENERGY INC 0.1%
Value ($000) $2,210 Shares 1,000,000 Est. Cost $2.85 Unrealized 0.0%
SENSEONICS HLDGS INC 0.1%
Value ($000) $2,179 Shares 5,000,000 Est. Cost $2.03 Unrealized
UP WHEELS UP EXPERIENCE INC 0.1%
Value ($000) $1,840 Shares 1,000,000 Est. Cost $1.23 Unrealized +48.3%