# EDGAR Filing Document

**Accession Number:** 0002060298
**File Stem:** 0001172661-25-004341
**Filing Date:** 2025-10
**Character Count:** 9257
**Document Hash:** 8c5db381a84fe29b4f98be6e63ec6ec1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-004341.hdr.sgml**: 20251021

**ACCESSION NUMBER**: 0001172661-25-004341

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251021

**DATE AS OF CHANGE**: 20251021

**EFFECTIVENESS DATE**: 20251021

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Thoma Capital Management LLC
- **CENTRAL INDEX KEY:** 0002060298

**ORGANIZATION NAME:**
- **EIN:** 522153736
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25461
- **FILM NUMBER:** 251406181

**BUSINESS ADDRESS:**
- **STREET 1:** 401 JEFFERSON AVENUE
- **CITY:** TOWSON
- **STATE:** MD
- **ZIP:** 21286
- **BUSINESS PHONE:** 410-823-5442

**MAIL ADDRESS:**
- **STREET 1:** 401 JEFFERSON AVENUE
- **CITY:** TOWSON
- **STATE:** MD
- **ZIP:** 21286

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Thoma Capital Management LLC<br>**Address:** 401 JEFFERSON AVENUE<br>TOWSON, MD 21286

**Form 13F File Number:** 028-25461

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:** Tom Taylor<br>**Title:** Founder  Chief Investment Officer<br>**Phone:** 410-823-5442

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

s/ Tom Taylor  Towson, MD  10-21-2025<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:** 59

**Form 13F Information Table Value Total:** $174093429

      (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 |
| ABBVIE INC | COM | 00287Y109 |  | 352830 | 1524 | SH |  | SOLE |  | 1524 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1285733 | 5289 | SH |  | SOLE |  | 5289 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 767836 | 3153 | SH |  | SOLE |  | 3153 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 2103360 | 9579 | SH |  | SOLE |  | 9579 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 965520 | 8582 | SH |  | SOLE |  | 8582 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 647306 | 2294 | SH |  | SOLE |  | 2294 | 0 | 0 |
| AMPLIFY ETF TR | AMPLIFY CYBERSEC | 032108664 |  | 6535167 | 75290 | SH |  | SOLE |  | 75290 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 3050043 | 11978 | SH |  | SOLE |  | 11978 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 887336 | 1765 | SH |  | SOLE |  | 1765 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 873138 | 5111 | SH |  | SOLE |  | 5111 | 0 | 0 |
| BNY MELLON STRATEGIC MUNS IN | COM | 05588W108 |  | 637945 | 102071 | SH |  | SOLE |  | 102071 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 753268 | 3490 | SH |  | SOLE |  | 3490 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 700962 | 2125 | SH |  | SOLE |  | 2125 | 0 | 0 |
| CAVA GROUP INC | COM | 148929102 |  | 372971 | 6174 | SH |  | SOLE |  | 6174 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 825733 | 3514 | SH |  | SOLE |  | 3514 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 767544 | 4943 | SH |  | SOLE |  | 4943 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 1425092 | 6641 | SH |  | SOLE |  | 6641 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 763224 | 11508 | SH |  | SOLE |  | 11508 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 751546 | 31778 | SH |  | SOLE |  | 31778 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 206065 | 5803 | SH |  | SOLE |  | 5803 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 680959 | 19423 | SH |  | SOLE |  | 19423 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 661574 | 4623 | SH |  | SOLE |  | 4623 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 303001 | 1753 | SH |  | SOLE |  | 1753 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1061598 | 9272 | SH |  | SOLE |  | 9272 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 937319 | 25062 | SH |  | SOLE |  | 25062 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 959951 | 2565 | SH |  | SOLE |  | 2565 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 814494 | 1067 | SH |  | SOLE |  | 1067 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 734647 | 9782 | SH |  | SOLE |  | 9782 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 328612 | 811 | SH |  | SOLE |  | 811 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 773474 | 3674 | SH |  | SOLE |  | 3674 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1275916 | 4522 | SH |  | SOLE |  | 4522 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1531648 | 2551 | SH |  | SOLE |  | 2551 | 0 | 0 |
| ISHARES TR | 10+ YR INVST GRD | 464289511 |  | 614184 | 11917 | SH |  | SOLE |  | 11917 | 0 | 0 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 |  | 36838231 | 681054 | SH |  | SOLE |  | 681054 | 0 | 0 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 10861088 | 33937 | SH |  | SOLE |  | 33937 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 19147059 | 92717 | SH |  | SOLE |  | 92717 | 0 | 0 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 340992 | 1741 | SH |  | SOLE |  | 1741 | 0 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 1015611 | 15524 | SH |  | SOLE |  | 15524 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 885788 | 2808 | SH |  | SOLE |  | 2808 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 508196 | 1018 | SH |  | SOLE |  | 1018 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 766459 | 9117 | SH |  | SOLE |  | 9117 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1391922 | 1895 | SH |  | SOLE |  | 1895 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 2252762 | 4349 | SH |  | SOLE |  | 4349 | 0 | 0 |
| NUVEEN PFD  INCOME OPPORTUN | COM | 67073B106 |  | 3555282 | 433571 | SH |  | SOLE |  | 433571 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2252619 | 12073 | SH |  | SOLE |  | 12073 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 1604580 | 5705 | SH |  | SOLE |  | 5705 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 887108 | 4863 | SH |  | SOLE |  | 4863 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 862041 | 8399 | SH |  | SOLE |  | 8399 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 239006 | 1556 | SH |  | SOLE |  | 1556 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 250130 | 2997 | SH |  | SOLE |  | 2997 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 248820 | 1487 | SH |  | SOLE |  | 1487 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 12029415 | 42679 | SH |  | SOLE |  | 42679 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 635324 | 1370 | SH |  | SOLE |  | 1370 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 39155065 | 58776 | SH |  | SOLE |  | 58776 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 1240324 | 2789 | SH |  | SOLE |  | 2789 | 0 | 0 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 220308 | 4400 | SH |  | SOLE |  | 4400 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 327042 | 958 | SH |  | SOLE |  | 958 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 865464 | 8398 | SH |  | SOLE |  | 8398 | 0 | 0 |
| WILLSCOT HLDGS CORP | COM CL A | 971378104 |  | 362797 | 17186 | SH |  | SOLE |  | 17186 | 0 | 0 |

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