Troluce Capital Advisors LLC Hedge Fund

CIK: 0001910321 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $157,672 (96.1% shares, 3.9% debt)

Holdings (11)

New Positions (6)

— GOLAR LNG LTD 14.1%

Value ($000) $22,278 Shares 598,700 Est. Cost — Unrealized —

BATRK ATLANTA BRAVES HLDGS INC 13.3%

Value ($000) $21,043 Shares 533,416 Est. Cost $39.53 Unrealized 0.0%

MIR MIRION TECHNOLOGIES INC 12.6%

Value ($000) $19,907 Shares 850,000 Est. Cost $24.94 Unrealized 0.0%

AVGO BROADCOM INC 4.4%

Value ($000) $6,922 Shares 20,000 Est. Cost $357.00 Unrealized 0.0%

— CLEANSPARK INC 3.9%

Value ($000) $6,122 Shares 8,000,000 Est. Cost $0.77 Unrealized —

MU MICRON TECHNOLOGY INC 1.6%

Value ($000) $2,569 Shares 9,000 Est. Cost $229.35 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	GOLAR LNG LTD	598,700	$22,278	14.1%	—	—	CALL	G9456A900
BATRK	ATLANTA BRAVES HLDGS INC	533,416	$21,043	13.3%	$39.53	0.0%	COM SER C	047726302
MIR	MIRION TECHNOLOGIES INC	850,000	$19,907	12.6%	$24.94	0.0%	COM CL A	60471A101
AVGO	BROADCOM INC	20,000	$6,922	4.4%	$357.00	0.0%	COM	11135F101
—	CLEANSPARK INC	8,000,000	$6,122	3.9%	$0.77	—	NOTE 6/1	18452BAC4
MU	MICRON TECHNOLOGY INC	9,000	$2,569	1.6%	$229.35	0.0%	COM	595112103

Increased Positions (3)

PRMB PRIMO BRANDS CORPORATION 9.9%

Value ($000) $15,631 (+41.5%) Shares 956,000 (+91.2%) Est. Cost $22.35 Unrealized -17.3%

FWONK LIBERTY MEDIA CORP DEL 9.4%

Value ($000) $14,777 (+41.5%) Shares 150,000 (+50.0%) Est. Cost $102.47 Unrealized —

GHRS GH RESEARCH PLC 3.0%

Value ($000) $4,740 (+609.4%) Shares 373,212 (+698.8%) Est. Cost $13.32 Unrealized +2.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PRMB	PRIMO BRANDS CORPORATION	956,000 (+91.2%)	$15,631 (+41.5%)	9.9%	$22.35	-17.3%	CLASS A COM SHS	741623102
FWONK	LIBERTY MEDIA CORP DEL	150,000 (+50.0%)	$14,777 (+41.5%)	9.4%	$102.47	—	COM LBTY ONE S C	531229755
GHRS	GH RESEARCH PLC	373,212 (+698.8%)	$4,740 (+609.4%)	3.0%	$13.32	+2.3%	ORDINARY SHARES	G3855L106

Exited Positions (31)

SPY SPDR S&P 500 ETF TR 63.4%

Value ($000) $99,927 Shares 150,000 Est. Cost — Unrealized —

KVUE KENVUE INC 46.3%

Value ($000) $73,035 Shares 4,500,000 Est. Cost $22.15 Unrealized -26.6%

FLR FLUOR CORP NEW 38.0%

Value ($000) $59,950 Shares 1,425,000 Est. Cost $39.88 Unrealized +10.9%

HON HONEYWELL INTL INC 26.7%

Value ($000) $42,100 Shares 200,000 Est. Cost $207.11 Unrealized -5.8%

FLR FLUOR CORP NEW 26.7%

Value ($000) $42,070 Shares 1,000,000 Est. Cost $39.88 Unrealized +10.9%

DD DUPONT DE NEMOURS INC 19.8%

Value ($000) $31,160 Shares 400,000 Est. Cost $31.14 Unrealized +20.0%

OKLO OKLO INC 19.5%

Value ($000) $30,698 Shares 275,000 Est. Cost — Unrealized —

GLNG GOLAR LNG LTD 19.2%

Value ($000) $30,308 Shares 750,000 Est. Cost — Unrealized —

SATS ECHOSTAR CORP 18.2%

Value ($000) $28,719 Shares 376,100 Est. Cost $45.28 Unrealized +79.8%

EXAS EXACT SCIENCES CORP 17.3%

Value ($000) $27,355 Shares 500,000 Est. Cost — Unrealized —

SATS ECHOSTAR CORP 15.1%

Value ($000) $23,774 Shares 311,346 Est. Cost $45.28 Unrealized +79.8%

— AMCOR PLC 11.2%

Value ($000) $17,587 Shares 2,150,000 Est. Cost $9.48 Unrealized -13.0%

SARO STANDARDAERO INC 10.8%

Value ($000) $17,056 Shares 625,000 Est. Cost $28.06 Unrealized -2.9%

INTC INTEL CORP 8.0%

Value ($000) $12,581 Shares 375,000 Est. Cost — Unrealized —

EQIX EQUINIX INC 7.5%

Value ($000) $11,749 Shares 15,000 Est. Cost $774.22 Unrealized +0.9%

UHAL/B U HAUL HOLDING COMPANY 7.1%

Value ($000) $11,198 Shares 220,000 Est. Cost $53.26 Unrealized -8.6%

RAL RALLIANT CORP 6.2%

Value ($000) $9,839 Shares 225,000 Est. Cost $44.46 Unrealized +5.4%

KDP KEURIG DR PEPPER INC 5.4%

Value ($000) $8,454 Shares 331,400 Est. Cost $30.82 Unrealized -11.6%

— AMCOR PLC 5.2%

Value ($000) $8,180 Shares 1,000,000 Est. Cost $9.48 Unrealized -13.0%

SYF SYNCHRONY FINANCIAL 4.5%

Value ($000) $7,105 Shares 100,000 Est. Cost — Unrealized —

CTRI CENTURI HOLDINGS INC 4.4%

Value ($000) $6,880 Shares 325,000 Est. Cost $21.22 Unrealized +5.4%

ASND ASCENDIS PHARMA A/S 3.8%

Value ($000) $5,964 Shares 30,000 Est. Cost $172.60 Unrealized —

— HUDSON PAC PPTYS INC 3.5%

Value ($000) $5,520 Shares 2,000,000 Est. Cost $2.75 Unrealized —

KVUE KENVUE INC 3.3%

Value ($000) $5,275 Shares 325,000 Est. Cost $22.15 Unrealized -26.6%

RGLD ROYAL GOLD INC 3.2%

Value ($000) $5,015 Shares 25,000 Est. Cost $172.96 Unrealized +14.7%

VSTS VESTIS CORPORATION 2.9%

Value ($000) $4,530 Shares 1,000,000 Est. Cost $5.68 Unrealized +2.7%

ALLY ALLY FINL INC 2.5%

Value ($000) $3,885 Shares 99,100 Est. Cost — Unrealized —

ALLY ALLY FINL INC 2.5%

Value ($000) $3,885 Shares 99,100 Est. Cost — Unrealized —

VSTS VESTIS CORPORATION 1.8%

Value ($000) $2,796 Shares 617,290 Est. Cost $5.68 Unrealized +2.7%

BA BOEING CO 1.2%

Value ($000) $1,921 Shares 8,900 Est. Cost $225.47 Unrealized -8.8%

EWTX EDGEWISE THERAPEUTICS INC 0.6%

Value ($000) $892 Shares 55,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	150,000	$99,927	63.4%	—	—	PUT	78462F103
KVUE	KENVUE INC	4,500,000	$73,035	46.3%	$22.15	-26.6%	CALL	49177J102
FLR	FLUOR CORP NEW	1,425,000	$59,950	38.0%	$39.88	+10.9%	CALL	343412102
HON	HONEYWELL INTL INC	200,000	$42,100	26.7%	$207.11	-5.8%	CALL	438516106
FLR	FLUOR CORP NEW	1,000,000	$42,070	26.7%	$39.88	+10.9%	—	343412102
DD	DUPONT DE NEMOURS INC	400,000	$31,160	19.8%	$31.14	+20.0%	—	26614N102
OKLO	OKLO INC	275,000	$30,698	19.5%	—	—	PUT	02156V109
GLNG	GOLAR LNG LTD	750,000	$30,308	19.2%	—	—	CALL	G9456A100
SATS	ECHOSTAR CORP	376,100	$28,719	18.2%	$45.28	+79.8%	PUT	278768106
EXAS	EXACT SCIENCES CORP	500,000	$27,355	17.3%	—	—	CALL	30063P105
SATS	ECHOSTAR CORP	311,346	$23,774	15.1%	$45.28	+79.8%	—	278768106
—	AMCOR PLC	2,150,000	$17,587	11.2%	$9.48	-13.0%	—	G0250X107
SARO	STANDARDAERO INC	625,000	$17,056	10.8%	$28.06	-2.9%	—	85423L103
INTC	INTEL CORP	375,000	$12,581	8.0%	—	—	CALL	458140100
EQIX	EQUINIX INC	15,000	$11,749	7.5%	$774.22	+0.9%	—	29444U700
UHAL/B	U HAUL HOLDING COMPANY	220,000	$11,198	7.1%	$53.26	-8.6%	—	023586506
RAL	RALLIANT CORP	225,000	$9,839	6.2%	$44.46	+5.4%	—	750940108
KDP	KEURIG DR PEPPER INC	331,400	$8,454	5.4%	$30.82	-11.6%	—	49271V100
—	AMCOR PLC	1,000,000	$8,180	5.2%	$9.48	-13.0%	CALL	G0250X107
SYF	SYNCHRONY FINANCIAL	100,000	$7,105	4.5%	—	—	CALL	87165B103
CTRI	CENTURI HOLDINGS INC	325,000	$6,880	4.4%	$21.22	+5.4%	—	155923105
ASND	ASCENDIS PHARMA A/S	30,000	$5,964	3.8%	$172.60	—	—	04351P101
—	HUDSON PAC PPTYS INC	2,000,000	$5,520	3.5%	$2.75	—	—	444097109
KVUE	KENVUE INC	325,000	$5,275	3.3%	$22.15	-26.6%	—	49177J102
RGLD	ROYAL GOLD INC	25,000	$5,015	3.2%	$172.96	+14.7%	—	780287108
VSTS	VESTIS CORPORATION	1,000,000	$4,530	2.9%	$5.68	+2.7%	PUT	29430C102
ALLY	ALLY FINL INC	99,100	$3,885	2.5%	—	—	CALL	02005N100
ALLY	ALLY FINL INC	99,100	$3,885	2.5%	—	—	PUT	02005N100
VSTS	VESTIS CORPORATION	617,290	$2,796	1.8%	$5.68	+2.7%	—	29430C102
BA	BOEING CO	8,900	$1,921	1.2%	$225.47	-8.8%	—	097023105
EWTX	EDGEWISE THERAPEUTICS INC	55,000	$892	0.6%	—	—	CALL	28036F105

Decreased Positions (2)

COF CAPITAL ONE FINL CORP 21.5%

Value ($000) $33,930 (-16.4%) Shares 140,000 (-26.7%) Est. Cost $188.75 Unrealized +17.7%

HON HONEYWELL INTL INC 6.2%

Value ($000) $9,755 (-25.9%) Shares 50,000 (-20.0%) Est. Cost $207.11 Unrealized -5.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
COF	CAPITAL ONE FINL CORP	140,000 (-26.7%)	$33,930 (-16.4%)	21.5%	$188.75	+17.7%	COM	14040H105
HON	HONEYWELL INTL INC	50,000 (-20.0%)	$9,755 (-25.9%)	6.2%	$207.11	-5.8%	COM	438516106