Thoma Capital Management LLC
•CIK: 2060298•Filing: Q4 2025
**Thoma Capital Management LLC** is a multi-strategy fund managing $174M across 60 distinct positions. The portfolio exhibits significant concentration in broad market exposure, notably allocating $44.3M to SPY and $33.7M to IGIB. Further substantial weights are placed in IVE ($23.4M) and XLK ($9.9M), indicating a tactical focus on broad market indices and technology sectors. The top ten holdings alone account for over $120M of the total AUM.
Total AUM
$173.6M
QoQ Performance
-4.0%
Positions
53
Top 10 Concentration
78.4%
Latest Filing
Q4 2025
Top Holdings Allocation
SPY
IGIB
IVE
XLK
SPY25.5%
IGIB19.4%
IVE13.5%
XLK5.7%
IWO4.9%
HACK3.0%
IGLB2.3%
AAPL1.8%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other59.1%
ETF25.5%
Technology7.8%
Consumer2.6%
Industrial1.3%
Financial1.2%
Healthcare1.2%
Communication0.6%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW3 new positions
↑21 increased
↓31 decreased
Historical Filings
Q4 2025Q3 2025Q4 2024