# EDGAR Filing Document

**Accession Number:** 0002037238
**File Stem:** 0002037238-25-000005
**Filing Date:** 2025-11
**Character Count:** 14821
**Document Hash:** b0d38a21e6d34226ffd3008fe975ab18
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002037238-25-000005.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0002037238-25-000005

**CONFORMED SUBMISSION TYPE**: 13F-HR/A

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Massar Capital Management, LP
- **CENTRAL INDEX KEY:** 0002037238

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25137
- **FILM NUMBER:** 251482475

**BUSINESS ADDRESS:**
- **STREET 1:** 4 STAMFORD PLAZA
- **STREET 2:** 107 ELM STREET, 4TH FLOOR
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902
- **BUSINESS PHONE:** 212.278.0350

**MAIL ADDRESS:**
- **STREET 1:** 4 STAMFORD PLAZA
- **STREET 2:** 107 ELM STREET, 4TH FLOOR
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [x] **Amendment Number:** 1

**This Amendment (Check only one.):** [x] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Massar Capital Management LP<br>**Address:** 4 STAMFORD PLAZA<br>107 ELM STREET 4TH FLOOR<br>STAMFORD, CT 06902

**Form 13F File Number:** 028-25137

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Philippe Lionnet<br>**Title:** Chief Operating Officer<br>**Phone:** 212.278.0350

**Signature, Place, and Date of Signing:**

/s/ Philippe Lionnet  Stamford, CT  11-14-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 112

**Form 13F Information Table Value Total:** $133825045

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABRDN PALLADIUM ETF TRUST | PHYSICAL PALLADM | 003262102 |  | 905490 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 297990 | 2100 | SH |  | SOLE |  | 2100 | 0 | 0 |
| AIRSCULPT TECHNOLOGIES INC | COM | 009496100 |  | 1063324 | 220150 | SH |  | SOLE |  | 220150 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 1131832 | 9980 | SH |  | SOLE |  | 9980 | 0 | 0 |
| ALPHA COGNITION INC | COM NEW | 02074J501 |  | 116000 | 12433 | SH |  | SOLE |  | 12433 | 0 | 0 |
| ALPHA TEKNOVA INC | COM | 02080L102 |  | 982000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1409840 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 212868 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| ANGIODYNAMICS INC | COM | 03475V101 |  | 277760 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 443080 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 425610 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| ARCHER AVIATION INC | COM CL A | 03945R102 |  | 542500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| ARGAN INC | COM | 04010E109 |  | 345492 | 1567 | SH |  | SOLE |  | 1567 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 222013 | 2170 | SH |  | SOLE |  | 2170 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 1021772 | 1275 | SH |  | SOLE |  | 1275 | 0 | 0 |
| BERTO ACQUISITION CORP | ORD SHS | G1051H101 |  | 1875600 | 180000 | SH |  | SOLE |  | 180000 | 0 | 0 |
| BLUE BIRD CORP | COM | 095306106 |  | 992680 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 1047650 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| BOLD EAGLE ACQUISITION CORP | CL A | G2003N105 |  | 837600 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| BROOKFIELD RENEWABLE CORP | CL A EX SUB VTG | 11285B108 |  | 229460 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| CANTOR EQUITY PARTNERS I INC | SHS CL A | G1827K107 |  | 856800 | 72000 | SH |  | SOLE |  | 72000 | 0 | 0 |
| CANTOR EQUITY PARTNERS II IN | CL A ORD SHS | G1827P106 |  | 772100 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 281362 | 835 | SH |  | SOLE |  | 835 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 |  | 338759 | 2170 | SH |  | SOLE |  | 2170 | 0 | 0 |
| CENTRAL  EASTERN EUROPE FD | COM | 153436100 |  | 620800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 2373600 | 25800 | SH |  | SOLE |  | 25800 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 852320 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| CHURCHILL CAPITAL CORP IX | CL A SHS | G21301109 |  | 2162100 | 175000 | SH |  | SOLE |  | 175000 | 0 | 0 |
| CLEARPOINT NEURO INC | COM | 18507C103 |  | 835800 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| COHEN CIRCLE ACQUISITION COR | SHS CL A | G3730H106 |  | 2194000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| COMERICA INC | COM | 200340107 |  | 829135 | 13900 | SH |  | SOLE |  | 13900 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 1622880 | 196000 | SH |  | SOLE |  | 196000 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 236320 | 464 | SH |  | SOLE |  | 464 | 0 | 0 |
| CULLINAN THERAPEUTICS INC | COM | 230031106 |  | 101038 | 13418 | SH |  | SOLE |  | 13418 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 297810 | 2217 | SH |  | SOLE |  | 2217 | 0 | 0 |
| DIVERSIFIED ENERGY COMPANY P | SHS NEW | G2891G204 |  | 151790 | 10347 | SH |  | SOLE |  | 10347 | 0 | 0 |
| ECOPETROL S A | SPONSORED ADS | 279158109 |  | 354000 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| ENERGY SVCS ACQUISITION CORP | COM | 29271Q103 |  | 218541 | 21986 | SH |  | SOLE |  | 21986 | 0 | 0 |
| EVERUS CONSTR GROUP | COM | 300426103 |  | 223054 | 3511 | SH |  | SOLE |  | 3511 | 0 | 0 |
| EXAGEN INC | COM | 30068X103 |  | 1186600 | 170000 | SH |  | SOLE |  | 170000 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 496620 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| FLUOR CORP NEW | COM | 343412102 |  | 1474525 | 28760 | SH |  | SOLE |  | 28760 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 476850 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 718500 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| GLOBAL X FDS | GLBX MSCI COLUM | 37954Y327 |  | 1153600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| GRAVITY CO LTD | SPONSORED ADS NE | 38911N206 |  | 445830 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| GRUPO AVAL ACCIONES Y VALORE | SPONSORED ADS | 40053W101 |  | 365300 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| GRUPO CIBEST SA | SPON ADS | 40090E106 |  | 1200940 | 26000 | SH |  | SOLE |  | 26000 | 0 | 0 |
| GSR III ACQUISITION CORP | CL A | G4R103107 |  | 1186900 | 110000 | SH |  | SOLE |  | 110000 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 |  | 206961 | 879 | SH |  | SOLE |  | 879 | 0 | 0 |
| HCM II ACQUISITION CORP | SHS CL A | G43658106 |  | 1110000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1746600 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| INOTIV INC | COM | 45783Q100 |  | 637000 | 350000 | SH |  | SOLE |  | 350000 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 7508480 | 335200 | SH |  | SOLE |  | 335200 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 263828 | 895 | SH |  | SOLE |  | 895 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 267794 | 340 | SH |  | SOLE |  | 340 | 0 | 0 |
| IONQ INC | COM | 46222L108 |  | 601580 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 1713880 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 15434750 | 535000 | SH |  | SOLE |  | 535000 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 1612416 | 49400 | SH |  | SOLE |  | 49400 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 882000 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| LARIMAR THERAPEUTICS INC | COM | 517125100 |  | 148997 | 51556 | SH |  | SOLE |  | 51556 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 663660 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| LISTED FDS TR | ROUNDHILL MAGNIF | 53656G498 |  | 3106320 | 56000 | SH |  | SOLE |  | 56000 | 0 | 0 |
| MAGNITE INC | COM | 55955D100 |  | 265320 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| MARAVAI LIFESCIENCES HLDGS I | COM CL A | 56600D107 |  | 482000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 1238400 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 |  | 8129100 | 592500 | SH |  | SOLE |  | 592500 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 1926144 | 52800 | SH |  | SOLE |  | 52800 | 0 | 0 |
| NATIONAL PRESTO INDS INC | COM | 637215104 |  | 4898000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| NEURONETICS INC | COM | 64131A105 |  | 767800 | 220000 | SH |  | SOLE |  | 220000 | 0 | 0 |
| NGL ENERGY PARTNERS LP | COM UNIT REPST | 62913M107 |  | 120171 | 28143 | SH |  | SOLE |  | 28143 | 0 | 0 |
| NOBLE CORP PLC | ORD SHS A | G65431127 |  | 1194750 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |
| NU HLDGS LTD | ORD SHS CL A | G6683N103 |  | 548800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| NUVATION BIO INC | COM CL A | 67080N101 |  | 106698 | 54717 | SH |  | SOLE |  | 54717 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 568764 | 3600 | SH | Call | SOLE |  | 3600 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 3129745 | 74500 | SH |  | SOLE |  | 74500 | 0 | 0 |
| OPTIMIZERX CORP | COM NEW | 68401U204 |  | 297000 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| OUSTER INC | COM NEW | 68989M202 |  | 303125 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| OUTSET MED INC | COM NEW | 690145206 |  | 384200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 979800 | 34500 | SH |  | SOLE |  | 34500 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 344025 | 27500 | SH |  | SOLE |  | 27500 | 0 | 0 |
| PURECYCLE TECHNOLOGIES INC | COM | 74623V103 |  | 342500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| RADNET INC | COM | 750491102 |  | 512190 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| REDWIRE CORPORATION | COM | 75776W103 |  | 1939700 | 119000 | SH |  | SOLE |  | 119000 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | SHS CL A | G7490F101 |  | 1770000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | UNIT 05/15/2030 | G7490F119 |  | 929290 | 73000 | SH |  | SOLE |  | 73000 | 0 | 0 |
| REZOLUTE INC | COM NEW | 76200L309 |  | 125571 | 28155 | SH |  | SOLE |  | 28155 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 961800 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 180653 | 12740 | SH |  | SOLE |  | 12740 | 0 | 0 |
| SIBANYE STILLWATER LTD | SPONSORED ADR | 82575P107 |  | 722000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| SILENCE THERAPEUTICS PLC | ADS | 82686Q101 |  | 115205 | 19863 | SH |  | SOLE |  | 19863 | 0 | 0 |
| SILVERBOX CORP IV | SHS CL A | G81354105 |  | 767200 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 868443 | 8584 | SH |  | SOLE |  | 8584 | 0 | 0 |
| SPDR SERIES TRUST | S BIOTECH | 78464A870 |  | 2487900 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| STONECO LTD | COM CL A | G85158106 |  | 2005000 | 125000 | SH |  | SOLE |  | 125000 | 0 | 0 |
| SUMITOMO MITSUI FINL GROUP I | SPONSORED ADR | 86562M209 |  | 7555000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 749000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| TALKSPACE INC | COM | 87427V103 |  | 417000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| TEMPUS AI INC | CL A | 88023B103 |  | 698940 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| THE ONCOLOGY INSTITUTE INC | COM | 68236X100 |  | 820000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 260907 | 2098 | SH |  | SOLE |  | 2098 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 933000 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| UNIQURE NV | SHS | N90064101 |  | 557600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 4757403 | 47131 | SH |  | SOLE |  | 47131 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 215380 | 8900 | SH |  | SOLE |  | 8900 | 0 | 0 |
| VALARIS LTD | CL A | G9460G101 |  | 463210 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 388400 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| VERA THERAPEUTICS INC | CL A | 92337R101 |  | 376960 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| XPENG INC | ADS | 98422D105 |  | 684804 | 38300 | SH |  | SOLE |  | 38300 | 0 | 0 |
| YORKVILLE ACQUISITION CORP. | UNIT 06/06/2030 | G98659108 |  | 1125000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ZIPRECRUITER INC | CL A | 98980B103 |  | 98446 | 19650 | SH |  | SOLE |  | 19650 | 0 | 0 |

---