IC
Isabella Capital Management LLP
Concentrated strategySector-focusedMomentum follower
Total reported value
$134.9M
Reporting period: 2026-03-31 · Number of holdings: 9
Isabella Capital Management LLP disclosed 9 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $134.9M and a quarterly turnover rate of 24.7%.
Personality snowflake
- Concentration
- 100
- Portfolio Stability
- 24.7
- Momentum/Contrarian
- 100
- Sector conviction
- 100
- Diversification
- 16
- Sizing Uniformity
- 88.88
Recent moves
Add MARA 2.125 09-01-31
+35.0% $3.3M
Trim HYG
-8.2% -$5.6M
Add BABA 0.5 06-01-31
+14.6% $867.0K
Trim MSTR 0.875 03-15-31
-13.8% -$2.3M
Add MSTR 0 12-01-29
0.0% $149.6K
Trim MSTR 0.625 09-15-28
0.0% -$183.2K
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 8 holdings (of 9 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-High Yield | 39.80% | -2.36% | -8.16% | |
| 2 | BABA 0.5 06-01-31 | Alibaba Group Holding | Stock-Consumer Disc | 28.32% | +1.75% | +14.58% | |
| 3 | MARA 2.125 09-01-31 | Mara Holdings INC | Stock-Financials | 8.54% | +2.70% | +35.00% | |
| 4 | MSTR 0.875 03-15-31 | Strategy INC | Stock-Tech | 7.17% | -1.35% | -13.79% | |
| 5 | MSTR 0 12-01-29 | Strategy INC | Stock-Tech | 6.82% | +0.38% | — | |
| 6 | MSTR 0 03-01-30 | Strategy INC | Stock-Tech | 6.46% | +6.46% | NEW | |
| 7 | MSTR 0.625 09-15-28 | Strategy INC | Stock-Tech | 2.04% | -0.05% | — | |
| 8 | SMCI | Super Micro Computer INC | Stock-Tech | 0.84% | +0.84% | NEW |
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 9 | $134.9M | 25 | |
| 2025-12-31 | 8 | $140.6M | 0 |
Holding changes this quarter
Isabella Capital Management LLP's most significant position changes for 2026-03-31: Sold out: Equinox Gold CORP (EQXCN 4.75 10-15-28); New buy: Strategy INC (MSTR 0 03-01-30); New buy: Super Micro Computer INC (SMCI); Add: Mara Holdings INC (MARA 2.125 09-01-31) — shares +35.00%; Trim: Ishr Ibx Usd Hiyld Cb Etf-ui (HYG) — shares -8.16%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MARA 2.125 09-01-31 | Mara Holdings INC | +2.7% | +35.00% | Add |
| 2 | BABA 0.5 06-01-31 | Alibaba Group Holding | +1.8% | +14.58% | Add |
| 3 | MSTR 0 12-01-29 | Strategy INC | +0.4% | — | Unchanged |
| 4 | MSTR 0.625 09-15-28 | Strategy INC | -0.1% | — | Unchanged |
| 5 | MSTR 0.875 03-15-31 | Strategy INC | -1.4% | -13.79% | Trim |
| 6 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | -2.4% | -8.16% | Trim |
| 7 | EQXCN 4.75 10-15-28 | Equinox Gold CORP | — | EXIT | Sold out |
| 8 | MSTR 0 03-01-30 | Strategy INC | — | NEW | New buy |
| 9 | SMCI | Super Micro Computer INC | — | NEW | New buy |
FAQ
What is Isabella Capital Management LLP and what type of investor is it?
Isabella Capital Management LLP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $134.9M, spread across 9 disclosed positions.
What are Isabella Capital Management LLP's largest equity positions?
Based on the latest 13F filing, Isabella Capital Management LLP's top holdings by market value are:
1. Ishr Ibx Usd Hiyld Cb Etf-ui (HYG) — $53.7M (39.8%)
2. Alibaba Group Holding (BABA 0.5 06-01-31) — $38.2M (28.3%)
3. Mara Holdings INC (MARA 2.125 09-01-31) — $11.5M (8.5%)
4. Strategy INC (MSTR 0.875 03-15-31) — $9.7M (7.2%)
5. Strategy INC (MSTR 0 12-01-29) — $9.2M (6.8%)
What changes did Isabella Capital Management LLP make in its most recent portfolio filing?
In the latest reported quarter, Isabella Capital Management LLP made 7 notable position adjustments: 2 new positions were initiated, 2 existing holdings were added to, 2 positions were partially reduced, and 1 were completely exited. The largest of these moves: Sold out: Equinox Gold CORP (EQXCN 4.75 10-15-28); New buy: Strategy INC (MSTR 0 03-01-30); New buy: Super Micro Computer INC (SMCI); Add: Mara Holdings INC (MARA 2.125 09-01-31) — shares +35.00%; Trim: Ishr Ibx Usd Hiyld Cb Etf-ui (HYG) — shares -8.16%
What sectors does Isabella Capital Management LLP focus on?
Isabella Capital Management LLP is concentrated in the following sectors based on its current disclosed equity portfolio:
• Consumer Discretionary: 47.0%
• Information Technology: 38.8%
• Financials: 14.2%