SMA Capital LLC Concentrated Active

CIK: 0002075338 · Show all filings

Period: Q4 2025

Filing Date: Feb 12, 2026

Total Value ($000): $209,017 (100.0% shares, 0.0% debt)

Holdings (43)

JCI JOHNSON CTLS INTL PLC 5.4%

Value ($000) $11,376 Shares 95,000 Est. Cost $114.81 Unrealized 0.0%

AME AMETEK INC 5.0%

Value ($000) $10,471 Shares 51,000 Est. Cost $194.36 Unrealized 0.0%

GLD SPDR GOLD TR 4.7%

Value ($000) $9,908 Shares 25,000 Est. Cost $396.31 Unrealized —

AIT APPLIED INDL TECHNOLOGIES IN 4.3%

Value ($000) $8,987 Shares 35,000 Est. Cost $255.14 Unrealized 0.0%

MLM MARTIN MARIETTA MATLS INC 3.9%

Value ($000) $8,095 Shares 13,000 Est. Cost $621.36 Unrealized 0.0%

BA BOEING CO 3.7%

Value ($000) $7,816 Shares 36,000 Est. Cost $205.66 Unrealized 0.0%

PH PARKER-HANNIFIN CORP 3.6%

Value ($000) $7,497 Shares 8,529 Est. Cost $817.77 Unrealized 0.0%

CSX CSX CORP 3.5%

Value ($000) $7,250 Shares 200,000 Est. Cost $35.70 Unrealized 0.0%

WCN WASTE CONNECTIONS INC 3.1%

Value ($000) $6,488 Shares 37,000 Est. Cost $172.81 Unrealized 0.0%

DOV DOVER CORP 3.0%

Value ($000) $6,248 Shares 32,000 Est. Cost $181.83 Unrealized 0.0%

LECO LINCOLN ELEC HLDGS INC 3.0%

Value ($000) $6,231 Shares 26,000 Est. Cost $236.85 Unrealized 0.0%

TKR TIMKEN CO 2.9%

Value ($000) $6,057 Shares 72,000 Est. Cost $79.55 Unrealized 0.0%

WAB WABTEC 2.9%

Value ($000) $5,977 Shares 28,000 Est. Cost $205.33 Unrealized 0.0%

CARR CARRIER GLOBAL CORPORATION 2.8%

Value ($000) $5,812 Shares 110,000 Est. Cost $55.53 Unrealized 0.0%

NSC NORFOLK SOUTHN CORP 2.8%

Value ($000) $5,774 Shares 20,000 Est. Cost — Unrealized —

LIN LINDE PLC 2.7%

Value ($000) $5,601 Shares 13,135 Est. Cost $427.28 Unrealized 0.0%

FERG FERGUSON ENTERPRISES INC 2.7%

Value ($000) $5,566 Shares 25,000 Est. Cost $237.95 Unrealized 0.0%

AVY AVERY DENNISON CORP 2.6%

Value ($000) $5,456 Shares 30,000 Est. Cost $172.31 Unrealized 0.0%

LHX L3HARRIS TECHNOLOGIES INC 2.5%

Value ($000) $5,284 Shares 18,000 Est. Cost $288.43 Unrealized 0.0%

LOW LOWES COS INC 2.4%

Value ($000) $5,064 Shares 21,000 Est. Cost $239.83 Unrealized 0.0%

CRH CRH PLC 2.4%

Value ($000) $4,992 Shares 40,000 Est. Cost $119.13 Unrealized 0.0%

NOVT NOVANTA INC 2.2%

Value ($000) $4,641 Shares 39,000 Est. Cost $113.88 Unrealized 0.0%

RAL RALLIANT CORP 2.2%

Value ($000) $4,582 Shares 90,000 Est. Cost $46.87 Unrealized 0.0%

PKG PACKAGING CORP AMER 2.2%

Value ($000) $4,537 Shares 22,000 Est. Cost $202.35 Unrealized 0.0%

NDSN NORDSON CORP 2.0%

Value ($000) $4,154 Shares 17,276 Est. Cost $234.27 Unrealized 0.0%

NUE NUCOR CORP 2.0%

Value ($000) $4,078 Shares 25,000 Est. Cost $149.77 Unrealized 0.0%

GLD SPDR GOLD TR 1.9%

Value ($000) $3,945 Shares 9,954 Est. Cost $396.31 Unrealized —

CTRI CENTURI HOLDINGS INC 1.9%

Value ($000) $3,914 Shares 155,000 Est. Cost $22.36 Unrealized 0.0%

DAL DELTA AIR LINES INC DEL 1.8%

Value ($000) $3,817 Shares 55,000 Est. Cost $62.45 Unrealized 0.0%

RS RELIANCE INC 1.7%

Value ($000) $3,478 Shares 12,041 Est. Cost $280.97 Unrealized 0.0%

WTS WATTS WATER TECHNOLOGIES INC 1.6%

Value ($000) $3,312 Shares 12,000 Est. Cost $275.88 Unrealized 0.0%

GXO GXO LOGISTICS INCORPORATED 1.4%

Value ($000) $2,895 Shares 55,000 Est. Cost $52.55 Unrealized 0.0%

FCX FREEPORT-MCMORAN INC 1.2%

Value ($000) $2,540 Shares 50,000 Est. Cost $43.31 Unrealized 0.0%

GM GENERAL MTRS CO 1.2%

Value ($000) $2,459 Shares 30,235 Est. Cost $70.40 Unrealized 0.0%

CGNX COGNEX CORP 1.0%

Value ($000) $2,159 Shares 60,000 Est. Cost $40.43 Unrealized 0.0%

UNP UNION PAC CORP 1.0%

Value ($000) $2,082 Shares 9,000 Est. Cost $227.32 Unrealized 0.0%

LFUS LITTELFUSE INC 1.0%

Value ($000) $2,050 Shares 8,106 Est. Cost $254.62 Unrealized 0.0%

VIXY PROSHARES TR II 1.0%

Value ($000) $2,048 Shares 79,861 Est. Cost $25.64 Unrealized —

SKY CHAMPION HOMES INC 0.7%

Value ($000) $1,437 Shares 17,000 Est. Cost $78.80 Unrealized 0.0%

KEX KIRBY CORP 0.7%

Value ($000) $1,432 Shares 13,000 Est. Cost $101.65 Unrealized 0.0%

IEX IDEX CORP 0.7%

Value ($000) $1,424 Shares 8,000 Est. Cost $170.79 Unrealized 0.0%

KNX KNIGHT-SWIFT TRANSN HLDGS IN 0.5%

Value ($000) $1,046 Shares 20,000 Est. Cost $46.76 Unrealized 0.0%

RPM RPM INTL INC 0.5%

Value ($000) $1,040 Shares 10,000 Est. Cost $108.25 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JCI	JOHNSON CTLS INTL PLC	95,000	$11,376	5.4%	$114.81	0.0%	SHS	G51502105
AME	AMETEK INC	51,000	$10,471	5.0%	$194.36	0.0%	COM	031100100
GLD	SPDR GOLD TR	25,000	$9,908	4.7%	$396.31	—	Put	78463V107
AIT	APPLIED INDL TECHNOLOGIES IN	35,000	$8,987	4.3%	$255.14	0.0%	COM	03820C105
MLM	MARTIN MARIETTA MATLS INC	13,000	$8,095	3.9%	$621.36	0.0%	COM	573284106
BA	BOEING CO	36,000	$7,816	3.7%	$205.66	0.0%	COM	097023105
PH	PARKER-HANNIFIN CORP	8,529	$7,497	3.6%	$817.77	0.0%	COM	701094104
CSX	CSX CORP	200,000	$7,250	3.5%	$35.70	0.0%	COM	126408103
WCN	WASTE CONNECTIONS INC	37,000	$6,488	3.1%	$172.81	0.0%	COM	94106B101
DOV	DOVER CORP	32,000	$6,248	3.0%	$181.83	0.0%	COM	260003108
LECO	LINCOLN ELEC HLDGS INC	26,000	$6,231	3.0%	$236.85	0.0%	COM	533900106
TKR	TIMKEN CO	72,000	$6,057	2.9%	$79.55	0.0%	COM	887389104
WAB	WABTEC	28,000	$5,977	2.9%	$205.33	0.0%	COM	929740108
CARR	CARRIER GLOBAL CORPORATION	110,000	$5,812	2.8%	$55.53	0.0%	COM	14448C104
NSC	NORFOLK SOUTHN CORP	20,000	$5,774	2.8%	—	—	Put	655844108
LIN	LINDE PLC	13,135	$5,601	2.7%	$427.28	0.0%	SHS	G54950103
FERG	FERGUSON ENTERPRISES INC	25,000	$5,566	2.7%	$237.95	0.0%	COMMON STOCK NEW	31488V107
AVY	AVERY DENNISON CORP	30,000	$5,456	2.6%	$172.31	0.0%	COM	053611109
LHX	L3HARRIS TECHNOLOGIES INC	18,000	$5,284	2.5%	$288.43	0.0%	COM	502431109
LOW	LOWES COS INC	21,000	$5,064	2.4%	$239.83	0.0%	COM	548661107
CRH	CRH PLC	40,000	$4,992	2.4%	$119.13	0.0%	ORD	G25508105
NOVT	NOVANTA INC	39,000	$4,641	2.2%	$113.88	0.0%	COM	67000B104
RAL	RALLIANT CORP	90,000	$4,582	2.2%	$46.87	0.0%	COM	750940108
PKG	PACKAGING CORP AMER	22,000	$4,537	2.2%	$202.35	0.0%	COM	695156109
NDSN	NORDSON CORP	17,276	$4,154	2.0%	$234.27	0.0%	COM	655663102
NUE	NUCOR CORP	25,000	$4,078	2.0%	$149.77	0.0%	COM	670346105
GLD	SPDR GOLD TR	9,954	$3,945	1.9%	$396.31	—	GOLD SHS	78463V107
CTRI	CENTURI HOLDINGS INC	155,000	$3,914	1.9%	$22.36	0.0%	COM SHS	155923105
DAL	DELTA AIR LINES INC DEL	55,000	$3,817	1.8%	$62.45	0.0%	COM NEW	247361702
RS	RELIANCE INC	12,041	$3,478	1.7%	$280.97	0.0%	COM	759509102
WTS	WATTS WATER TECHNOLOGIES INC	12,000	$3,312	1.6%	$275.88	0.0%	CL A	942749102
GXO	GXO LOGISTICS INCORPORATED	55,000	$2,895	1.4%	$52.55	0.0%	COMMON STOCK	36262G101
FCX	FREEPORT-MCMORAN INC	50,000	$2,540	1.2%	$43.31	0.0%	CL B	35671D857
GM	GENERAL MTRS CO	30,235	$2,459	1.2%	$70.40	0.0%	COM	37045V100
CGNX	COGNEX CORP	60,000	$2,159	1.0%	$40.43	0.0%	COM	192422103
UNP	UNION PAC CORP	9,000	$2,082	1.0%	$227.32	0.0%	COM	907818108
LFUS	LITTELFUSE INC	8,106	$2,050	1.0%	$254.62	0.0%	COM	537008104
VIXY	PROSHARES TR II	79,861	$2,048	1.0%	$25.64	—	VIX SHT TERM FUT	74347Y730
SKY	CHAMPION HOMES INC	17,000	$1,437	0.7%	$78.80	0.0%	COM	830830105
KEX	KIRBY CORP	13,000	$1,432	0.7%	$101.65	0.0%	COM	497266106
IEX	IDEX CORP	8,000	$1,424	0.7%	$170.79	0.0%	COM	45167R104
KNX	KNIGHT-SWIFT TRANSN HLDGS IN	20,000	$1,046	0.5%	$46.76	0.0%	CL A	499049104
RPM	RPM INTL INC	10,000	$1,040	0.5%	$108.25	0.0%	COM	749685103