Performance vs S&P 500

03
Tracked Q1 2026–Q2 2026 +123.6%
S&P 500 total return (same window) +14.8%
Excess return +108.8%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

04
Technology 87.0%
Industrials 8.7%
Communication Services 4.3%
Retail 0.0%

Full portfolio 21 positions

05
Type Streak 8Q trend
WDC Western Digital Corporation - Common Stock $901,601,184 23.09% 1,411,575 $708,905,460 Up ×1
LRCX Lam Research Corporation - Common Stock $543,606,852 13.92% 1,254,487 $433,912,312 Up ×1
GLW Corning Incorporated Common Stock $337,602,086 8.64% 1,321,701 $-70,713,920 Down ×1
TER Teradyne, Inc. - Common Stock $322,762,890 8.26% 667,086 $247,760,585 Up ×1
MU Micron Technology, Inc. - Common Stock $314,437,830 8.05% 272,408 $-25,919,754 Down ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $302,992,854 7.76% 634,447 $46,852,100 Down ×1
SNDK Sandisk Corporation - Common Stock $275,737,511 7.06% 121,271 $-289,440,622 Down ×1
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $273,496,440 7.00% 283,416 $143,732,600 Down ×1
AMAT Applied Materials, Inc. - Common Stock $205,574,205 5.26% 284,335 $48,980,724 Down ×1
ASML ASML Holding N.V. - New York Registry Shares $195,526,142 5.01% 98,282 $-107,398,294 Down ×1
LITE Lumentum Holdings Inc. - Common Stock $167,298,532 4.28% 194,973 $-203,661,767 Down ×1
INTC Intel Corporation - Common Stock $56,169,658 1.44% 402,275 $-171,128,262 Down ×1
UMC United Microelectronics Corporation (NEW) Common Stock $2,342,781 0.06% 86,100 Up ×1
MRVL Marvell Technology, Inc. - Common Stock $1,602,648 0.04% 5,380 $-109,436,661 Down ×1
NOK Nokia Corporation Sponsored American Depositary Shares $1,540,347 0.04% 115,990 $1,041,867 Up ×1
ALAB Astera Labs, Inc. - Common Stock $676,228 0.02% 1,400 $-24,664,936 Down ×1
NBIS Nebius Group N.V. - Class A Ordinary Shares $607,574 0.02% 2,200 $-56,272,828 Down ×1
BE Bloom Energy Corporation Class A Common Stock $559,995 0.01% 1,850 Up ×1
USO United States Oil Fund $463,014 0.01% 4,350 $-624,974 Down ×1
SMTC Semtech Corporation - Common Stock $331,793 0.01% 2,050 $20,388 Down ×1
DDL Dingdong (Cayman) Limited American Depositary Shares (each two representing three Ordinary Shares) $319,222 0.01% 165,400 $-105,856

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
UMC $2,342,781 86,100 0.06%
BE $559,995 1,850 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
WDC Bought more +699K +$708.9M
LRCX Bought more +741K +$433.9M
SNDK Trimmed -768K -$289.4M
TER Bought more +414K +$247.8M
LITE Trimmed -333K -$203.7M
INTC Trimmed -4.7M -$171.1M
STX Trimmed -48K +$143.7M
ASML Trimmed -131K -$107.4M
GLW Trimmed -1.7M -$70.7M
AMAT Trimmed -174K +$49.0M

2 positions hidden — reported move looks larger than the position itself (data completeness check)

Exited positions

11

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarterShares beforeValue beforePrice since exit
MPWR June 30, 2026 233,288 $255,065,435 7.1%
AXTI June 30, 2026 1,307,206 $74,484,598 20.2%
KLAC June 30, 2026 47,819 $70,409,174 -31.4%
GOOGL June 30, 2026 155,000 $44,571,800 -3.1%
CRWV June 30, 2026 400,800 $31,049,976 -12.2%
AAOI June 30, 2026 170,488 $14,421,580 -17.9%
BKR June 30, 2026 40,490 $2,471,915 3.4%
FTAI June 30, 2026 4,150 $1,016,750 -39.1%
GOOG June 30, 2026 2,300 $659,778 -2.7%
FORM June 30, 2026 5,960 $578,060 -7.5%
VNET June 30, 2026 54,000 $453,060 -32.3%
TTMI June 30, 2026 3,540 $344,867 -28.8%