Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +228.2%
S&P 500 total return (same window) +37.0%
Excess return +191.2%

Annualized: +158.9% · S&P 500: +28.7%

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: 99.8% · Options excluded: 18.5%

Sector breakdown

04
Technology 46.4%
Retail 16.5%
Financials 14.5%
Healthcare 7.9%
Communication Services 5.3%
Materials 4.2%
Consumer Discretionary 3.5%
Industrials 0.2%
Utilities 0.0%
Other/Unmapped 1.5%

Full portfolio 97 positions

05
Type Streak 8Q trend
AMZN Amazon.com, Inc. - Common Stock $329,266,710 9.76% 1,381,500 Call option $198,806,382 Up ×2
IREN IREN Limited - Ordinary Shares $321,597,094 9.53% 7,032,519 $97,848,037 Up ×1
AMZN Amazon.com, Inc. - Common Stock $222,425,323 6.59% 933,227 $60,673,261 Up ×3
MU Micron Technology, Inc. - Common Stock $211,574,431 6.27% 183,294 $107,915,322 Down ×2
HOOD Robinhood Markets, Inc. - Class A Common Stock $198,860,655 5.89% 1,983,054 $192,817,002 Up ×1
SNDK Sandisk Corporation - Common Stock $194,956,431 5.78% 85,743 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $163,912,053 4.86% 343,221 $50,604,515 Up ×1
MRVL Marvell Technology, Inc. - Common Stock $150,158,902 4.45% 504,075 Up ×1
NAVN Navan, Inc. - Class A Common Stock $119,168,709 3.53% 5,210,700 $116,126,117 Up ×1
FIGR Figure Technology Solutions, Inc. - Class A Common Stock $117,686,862 3.49% 3,832,200 $32,807,618 Up ×3
SIMO Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares $116,397,169 3.45% 349,195 Up ×1
OSCR Oscar Health, Inc. Class A Common Stock $97,480,134 2.89% 3,417,957 $24,973,435 Down ×1
HNGE Hinge Health, Inc. Class A Common Stock $95,881,849 2.84% 1,155,203 $6,816,077 Down ×2
FCX Freeport-McMoRan, Inc. Common Stock $90,560,594 2.68% 1,439,984 $35,287,115 Up ×1
CMPS COMPASS Pathways Plc - American Depository Shares $89,835,478 2.66% 6,348,797 $70,528,954 Up ×3
CIEN Ciena Corporation Common Stock $82,838,905 2.45% 168,866 Up ×1
INTC Intel Corporation - Common Stock $80,731,832 2.39% 578,184 $14,673,900 Down ×1
WULF TeraWulf Inc. - Common Stock $69,374,569 2.06% 2,808,687 $33,962,570 Up ×3
NOK Nokia Corporation Sponsored American Depositary Shares $61,332,790 1.82% 4,618,433 $34,026,433 Up ×1
NVDA NVIDIA Corporation - Common Stock $51,736,471 1.53% 258,566 $-33,893,231 Down ×1
PURR Hyperliquid Strategies Inc - Common Stock $44,886,876 1.33% 5,703,542 $44,479,676 Up ×1
Unknown issuer (CUSIP: 486917107) $43,981,229 1.30% 7,662,235 Up ×1
IREN IREN Limited - Ordinary Shares $35,861,466 1.06% 784,200 Call option $29,485,386 Up ×2
SQM Sociedad Quimica y Minera S.A. Common Stock $27,638,836 0.82% 373,296 $10,967,462 Up ×2
AFRM Affirm Holdings, Inc. - Class A Common Stock $27,009,360 0.80% 331,200 $24,617,693 Up ×2
ALB Albemarle Corporation Common Stock $19,568,818 0.58% 144,922 $2,410,956 Up ×2
HOOD Robinhood Markets, Inc. - Class A Common Stock $17,398,580 0.52% 173,500 Call option
GLXY Galaxy Digital Inc. - Class A common stock $16,633,191 0.49% 608,383 $12,374,894 Up ×1
CIFR Cipher Mining Inc. - Common Stock $15,615,908 0.46% 637,384 $7,921,977 Up ×1
HUT Hut 8 Corp. - Common Stock $15,474,363 0.46% 134,041 $-73,192,996 Down ×4
RDDT Reddit, Inc. Class A Common Stock $15,230,083 0.45% 87,741 $15,068,368 Up ×1
CORZ Core Scientific, Inc. - Common Stock $14,793,349 0.44% 578,091
APLD Applied Digital Corporation - Common Stock $14,414,883 0.43% 386,458 $5,011,896 Down ×2
MSTR Strategy Inc - Class A Common Stock $13,908,800 0.41% 160,000 Put option
CRCL Circle Internet Group, Inc. Class A Common Stock $13,778,600 0.41% 220,000 Call option
SMTC Semtech Corporation - Common Stock $12,138,750 0.36% 75,000 Up ×1
MSTR Strategy Inc - Class A Common Stock $11,631,234 0.34% 133,800 Call option $-41,995,326 Down ×1
IDYA IDEAYA Biosciences, Inc. - Common Stock $11,603,381 0.34% 311,333
BTDR Bitdeer Technologies Group - Ordinary Shares $11,289,188 0.33% 711,354 $6,433,147 Up ×2
MSFT Microsoft Corporation - Common Stock $7,087,380 0.21% 19,000 Call option $-6,793,995 Down ×2
COIN Coinbase Global, Inc. - 3Class A Common Stock $6,578,550 0.19% 45,000 Call option
RIOT Riot Platforms, Inc. - Common Stock $6,496,453 0.19% 237,270 $-3,562,548 Down ×2
BE Bloom Energy Corporation Class A Common Stock $6,090,627 0.18% 20,121 $-28,335,892 Down ×1
AVGO Broadcom Inc. - Common Stock $6,044,000 0.18% 16,000 Call option Up ×1
DFTX Definium Therapeutics, Inc. - Common Shares $6,027,282 0.18% 128,131 $782,324 Down ×1
HIVE HIVE Digital Technologies Ltd - Common Shares $5,141,744 0.15% 1,412,567 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $5,003,180 0.15% 14,000 Call option $2,788,968 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $4,501,075 0.13% 12,595 $-131,264,628 Down ×1
CRCL Circle Internet Group, Inc. Class A Common Stock $4,394,434 0.13% 70,165 $2,132,167 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $3,817,450 0.11% 32,500 Call option Up ×1
ORBS Eightco Holdings Inc. - Common Stock $3,623,874 0.11% 5,210,458 Up ×1
INTC Intel Corporation - Common Stock $3,490,750 0.10% 25,000 Call option Up ×1
UXIN Uxin Limited - American Depositary Shares $3,304,594 0.10% 2,131,996 Up ×1
CSIQ Canadian Solar Inc. - Common Shares $3,075,616 0.09% 191,986 Up ×1
FIGR Figure Technology Solutions, Inc. - Class A Common Stock $3,071,000 0.09% 100,000 Call option Up ×1
RARE Ultragenyx Pharmaceutical Inc. - Common Stock $3,051,545 0.09% 91,391 $2,674,445 Up ×1
KSPI Joint Stock Company Kaspi.kz - American Depository Shares $2,608,904 0.08% 30,112 $-9,008,827 Down ×2
COIN Coinbase Global, Inc. - 3Class A Common Stock $2,547,507 0.08% 17,426 $-5,168,334 Down ×3
CLSK CleanSpark, Inc. - Common Stock $2,514,487 0.07% 172,817
HIMS Hims & Hers Health, Inc. Class A Common Stock $2,129,501 0.06% 61,422
RCUS Arcus Biosciences, Inc. Common Stock $1,849,800 0.05% 60,000 Up ×1
ENTG Entegris, Inc. - Common Stock $1,830,255 0.05% 10,176 Up ×1
ALAB Astera Labs, Inc. - Common Stock $1,785,725 0.05% 3,697 Up ×1
IMNM Immunome, Inc. - Common Stock $1,767,246 0.05% 83,400
ATAI AtaiBeckley Inc. - Common Stock $1,689,436 0.05% 320,576 $1,043,117 Up ×1
LITE Lumentum Holdings Inc. - Common Stock $1,528,205 0.05% 1,781 $-12,831,290 Down ×2
NKTR Nektar Therapeutics - Common Stock $1,472,991 0.04% 21,100 $-45,154
GRND Grindr Inc. Common Stock $1,372,421 0.04% 95,506 $-3,678,781 Down ×2
PCSC Perceptive Capital Solutions Corp - Class A Ordinary Shares $1,305,600 0.04% 120,000 $-6,815,096 Down ×1
IONS Ionis Pharmaceuticals, Inc. - Common Stock $1,292,427 0.04% 16,300 Up ×1
BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share $1,204,741 0.04% 12,552 $416,476 Up ×1
PALI Palisade Bio, Inc. - Common Stock $1,199,660 0.04% 574,000 $928,410 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $1,193,925 0.04% 2,500 Call option $-2,523,525 Down ×1
DNTH Dianthus Therapeutics, Inc. - Common Stock $1,169,760 0.03% 12,000 $162,720
RRX Regal Rexnord Corporation Common Stock $1,079,477 0.03% 4,532 Up ×1
RVMD Revolution Medicines, Inc. - Common Stock $1,067,496 0.03% 5,700 $513,171
EDIT Editas Medicine, Inc. - Common Stock $1,056,240 0.03% 326,000 Up ×1
ELDN Eledon Pharmaceuticals, Inc. - Common Stock $1,048,040 0.03% 266,000 $635,320 Up ×1
RCKT Rocket Pharmaceuticals, Inc. - Common Stock $1,019,160 0.03% 298,000 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $999,467 0.03% 8,509 Up ×1
AAPL Apple Inc. - Common Stock $973,118 0.03% 3,363
NFLX Netflix, Inc. - Common Stock $859,299 0.03% 12,035 $192,499 Up ×1
TRVI Trevi Therapeutics, Inc. - Common Stock $839,250 0.02% 45,000 $302,400
ARM Arm Holdings plc - American Depositary Shares $817,284 0.02% 2,305 Up ×1
VIR Vir Biotechnology, Inc. - Common Stock $815,200 0.02% 80,000 $546,400 Up ×1
RBRK Rubrik, Inc. Class A Common Stock $683,825 0.02% 8,518
AEM Agnico Eagle Mines Limited Common Stock $677,608 0.02% 4,368 $-3,176,576 Down ×1
COST Costco Wholesale Corporation - Common Stock $652,958 0.02% 698 Up ×1
PMVP PMV Pharmaceuticals, Inc. - Common Stock $546,124 0.02% 407,555 $392,916 Up ×1
ALLO Allogene Therapeutics, Inc. - Common Stock $478,400 0.01% 230,000 Up ×1
NBIS Nebius Group N.V. - Class A Ordinary Shares $435,796 0.01% 1,578 Up ×1
DYN Dyne Therapeutics, Inc. - Common Stock $348,697 0.01% 15,700
KNSA Kiniksa Pharmaceuticals International, plc - Class A Ordinary Shares $328,575 0.01% 5,138 $81,180
AEP American Electric Power Company, Inc. - Common Stock $300,024 0.01% 2,193 $12,566
XMTR Xometry, Inc. - Class A Common Stock $257,033 0.01% 2,663
KLAC KLA Corporation - Common Stock $147,838 0.00% 490 Up ×1
GRND Grindr Inc. Common Stock $11,496 0.00% 800 Call option $1,824

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

SecurityValue% of portfolioStreak
AMZN $222,425,323 6.59% up ×3
FIGR $117,686,862 3.49% up ×3
CMPS $89,835,478 2.66% up ×3
WULF $69,374,569 2.06% up ×3

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
SNDK $194,956,431 85,743 5.78%
MRVL $150,158,902 504,075 4.45%
SIMO $116,397,169 349,195 3.45%
CIEN $82,838,905 168,866 2.45%
Unknown issuer (CUSIP: 486917107) $43,981,229 7,662,235 1.30%
HOOD $17,398,580 173,500 0.52%
CORZ $14,793,349 578,091 0.44%
MSTR $13,908,800 160,000 0.41%
CRCL $13,778,600 220,000 0.41%
SMTC $12,138,750 75,000 0.36%
IDYA $11,603,381 311,333 0.34%
COIN $6,578,550 45,000 0.19%
AVGO $6,044,000 16,000 0.18%
HIVE $5,141,744 1,412,567 0.15%
CSCO $3,817,450 32,500 0.11%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
AMZN Bought more +755K +$198.8M
MU Trimmed -124K +$107.9M
IREN Bought more +505K +$97.8M
CMPS Bought more +2.9M +$70.5M
AMZN Bought more +157K +$60.7M
TSM Bought more +8K +$50.6M
MSTR Trimmed -296K -$42.0M
FCX Bought more +500K +$35.3M
NOK Bought more +1.2M +$34.0M
WULF Bought more +355K +$34.0M

5 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
AMD June 30, 2026 515,294 $104,826,258 8.4%
RBRK March 31, 2026 990,382 $75,744,415 147.8%
LMND June 30, 2026 583,796 $36,592,333 -28.7%
BMNR June 30, 2026 1,785,541 $35,318,001 102.0%
DUOL March 31, 2026 178,910 $31,398,705 46.9%
RUN June 30, 2026 2,286,978 $31,011,422 -42.9%
NTSK March 31, 2026 1,578,277 $27,682,979 112.5%
TSEM June 30, 2026 153,660 $26,964,257 -7.1%
PANW March 31, 2026 143,101 $26,359,204 151.8%
SBET Dec. 31, 2025 1,215,819 $20,681,081 9.7%
CRWV Sept. 30, 2025 126,000 $20,545,560 -35.2%
NRDS June 30, 2025 1,666,500 $15,081,825 -21.4%
OMDA March 31, 2026 940,238 $14,836,956 65.2%
BBD March 31, 2026 4,301,200 $14,322,996 17.8%
HIMS March 31, 2026 416,328 $13,518,170 42.1%
META June 30, 2026 23,449 $13,415,876 31.2%
GRAL March 31, 2026 156,263 $13,374,550 184.9%
RDDT June 30, 2025 126,159 $13,234,079 -0.7%
CORZ March 31, 2026 900,000 $13,104,000 7.3%
SMLR Sept. 30, 2025 329,408 $12,761,266 No longer tracked
BITF June 30, 2026 5,719,277 $11,152,590 No longer tracked
BNTX Sept. 30, 2025 96,089 $10,230,596 -2.0%
CLSK March 31, 2026 883,654 $8,942,578 45.2%
GOOG June 30, 2026 24,800 $7,114,128 -3.4%
XMTR March 31, 2026 109,753 $6,527,011 157.1%
SITM March 31, 2026 16,150 $5,704,019 104.5%
MARA Dec. 31, 2025 260,000 $4,747,600 22.8%
UPWK Sept. 30, 2025 325,000 $4,368,000 -55.3%
BRR Sept. 30, 2025 394,585 $4,190,493 No longer tracked
HEPS Dec. 31, 2025 1,538,011 $4,137,250 -2.0%
BNC Dec. 31, 2025 467,067 $3,643,123 -5.1%
CVNA March 31, 2026 8,605 $3,631,482 -79.5%
NXDR Dec. 31, 2025 1,192,494 $2,492,312 18.7%
CRWD March 31, 2026 4,482 $2,100,982 -30.8%
WIX Dec. 31, 2025 11,526 $2,047,363 -28.6%
NOW June 30, 2026 17,800 $1,860,990 37.1%
DDOG June 30, 2026 15,600 $1,841,580 7.2%
TSLA Dec. 31, 2025 3,824 $1,700,609 -16.5%
JPM June 30, 2026 5,076 $1,493,156 1.7%
BLSH Dec. 31, 2025 22,980 $1,461,758 -8.2%
GEMI Dec. 31, 2025 60,133 $1,440,787 -51.1%
REAL June 30, 2026 150,000 $1,362,000 -20.6%
SWTX June 30, 2025 30,257 $1,335,241 No longer tracked
MRUS June 30, 2025 29,612 $1,246,369 No longer tracked
SE March 31, 2026 9,768 $1,246,104 17.8%
NAKA Dec. 31, 2025 1,029,889 $1,101,981 2865.8%
NU June 30, 2026 74,703 $1,073,482 14.6%
NEM June 30, 2026 9,711 $1,051,216 22.6%
SNOW March 31, 2026 4,481 $982,952 125.5%
AXON June 30, 2026 1,928 $818,802 -26.7%
BNTX June 30, 2026 9,147 $812,985 3.9%
QURE March 31, 2026 31,614 $756,523 37.9%
CMPS June 30, 2025 246,320 $704,475 315.9%
SPOT June 30, 2026 1,372 $665,297 3.1%
GHRS March 31, 2026 50,000 $635,000 60.2%
TECX March 31, 2026 30,000 $625,800 -28.9%
SUIG Dec. 31, 2025 160,320 $618,835 6.9%
IDYA March 31, 2026 16,900 $584,233 12.4%
XENE June 30, 2025 17,352 $582,160 20.0%
MNKD March 31, 2026 101,000 $572,670 53.5%
MLTX June 30, 2025 14,610 $570,813 -75.9%
WBD June 30, 2025 48,533 $520,759 170.1%
BAP June 30, 2026 1,448 $491,133 -2.4%
PSTG June 30, 2026 8,305 $490,327 No longer tracked
ZM Sept. 30, 2025 6,219 $484,958 13.9%
MSCI June 30, 2025 835 $472,193 -5.8%
NET June 30, 2025 4,129 $465,297 81.9%
NU Sept. 30, 2025 33,740 $462,913 -4.4%
COHR June 30, 2026 1,920 $457,363 -16.4%
AMAT Sept. 30, 2025 2,282 $417,766 161.4%
GRAB June 30, 2026 107,824 $394,636 -16.6%
BRZE Sept. 30, 2025 13,595 $382,020 -7.0%
UNH Sept. 30, 2025 1,177 $367,189 7.2%
EVGO Sept. 30, 2025 98,660 $360,109 -71.2%
EXPI June 30, 2025 36,144 $353,488 No longer tracked
MMYT June 30, 2025 3,570 $349,824 -54.3%
PAG June 30, 2025 2,414 $347,568 17.6%
VRNA June 30, 2025 5,407 $343,290 No longer tracked
RYTM June 30, 2025 6,013 $318,509 46.5%
BBOT March 31, 2026 25,000 $313,000 -58.9%
AUTL June 30, 2025 199,359 $309,006 -21.5%
FULC June 30, 2026 40,000 $306,800 1.4%
DYN March 31, 2026 15,000 $293,400 -15.6%
NP March 31, 2026 10,000 $291,600 13.4%
AAPL June 30, 2025 1,256 $278,995 62.5%
SCHW June 30, 2025 3,545 $277,503 6.0%
ANNX June 30, 2026 50,000 $277,000 -26.2%
PDD June 30, 2026 2,689 $274,762 1.0%
KNSA June 30, 2025 11,878 $263,810 176.2%
ENPH June 30, 2026 6,331 $239,375 -32.7%
SANA March 31, 2026 58,000 $236,060 -0.5%
MREO June 30, 2025 101,070 $227,408 -85.9%
SONN Dec. 31, 2025 48,358 $221,480 No longer tracked
RNA March 31, 2026 3,000 $216,390 -41.7%
BPMC Sept. 30, 2025 1,423 $182,400 No longer tracked
TSHA June 30, 2025 117,062 $162,716 95.7%
CMI June 30, 2026 256 $137,733 -26.5%
VRDN Dec. 31, 2025 6,005 $129,588 -38.3%
SHOP June 30, 2026 898 $106,521 38.4%
BEAM Dec. 31, 2025 3,390 $82,275 -11.7%
TTD March 31, 2026 2,039 $77,400 -47.4%
RARE Sept. 30, 2025 2,055 $74,720 -51.1%
IMNM Dec. 31, 2025 5,927 $69,405 -1.7%
CYTK Dec. 31, 2025 1,254 $68,920 1.1%
ATAI Dec. 31, 2025 12,501 $66,130 No longer tracked
ELVN Dec. 31, 2025 3,181 $65,115 198.5%
IMCR Dec. 31, 2025 1,771 $64,340 -14.3%
AGIO Dec. 31, 2025 1,571 $63,060 14.9%
ANAB Sept. 30, 2025 2,706 $60,073 57.6%
AKRO Dec. 31, 2025 1,261 $59,872 No longer tracked
ABNB March 31, 2026 415 $56,324 28.7%
FULC Dec. 31, 2025 6,090 $56,028 -67.2%
BBIO Dec. 31, 2025 1,056 $54,849 -13.2%
DAWN Sept. 30, 2025 8,413 $54,685 No longer tracked
UBER March 31, 2026 659 $53,847 -3.4%
CTMX Dec. 31, 2025 16,285 $51,949 -40.7%
SOFI March 31, 2026 1,693 $44,323 0.8%
SRRK Dec. 31, 2025 1,075 $40,033 3.6%
ARGX Dec. 31, 2025 50 $36,878 9.0%
KLAR Dec. 31, 2025 1,000 $36,650 -55.1%
MNMD Dec. 31, 2025 2,245 $26,469 No longer tracked
AVTX Dec. 31, 2025 1,929 $24,518 -18.8%
GTM March 31, 2026 2,005 $20,391 -36.9%
ISRG March 31, 2026 35 $19,823 -13.6%
IGV June 30, 2026 100 $8,005 21.2%