Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +75.8%
S&P 500 total return (same window) +37.0%
Excess return +38.8%

Annualized: +57.1% · 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: 100.0% · Options excluded: 0.0%

Sector breakdown

04
Technology 49.6%
Industrials 14.4%
Communication Services 10.2%
Retail 6.5%
Real Estate 2.9%
Healthcare 2.5%
Utilities 2.4%
Financials 1.6%
Consumer Discretionary 0.4%
Consumer products 0.0%
Consumer Staples 0.0%
Other/Unmapped 9.7%

Full portfolio 66 positions

05
Type Streak 8Q trend
TSM Taiwan Semiconductor Manufacturing Company Ltd. $4,257,534,162 8.76% 8,914,995 $1,120,159,453 Down ×1
LRCX Lam Research Corporation - Common Stock $4,091,329,827 8.41% 9,441,603 $1,945,434,548 Down ×1
MU Micron Technology, Inc. - Common Stock $3,627,089,685 7.46% 3,142,269 $3,571,031,556 Up ×1
Unknown issuer (CUSIP: 84615Q103) $3,171,465,731 6.52% 18,561,780 Up ×1
AMAT Applied Materials, Inc. - Common Stock $3,046,348,209 6.26% 4,213,483 $1,252,565,248 Down ×2
GEV GE Vernova Inc. Common Stock $3,005,484,557 6.18% 2,558,164 $760,073,256 Down ×6
AMZN Amazon.com, Inc. - Common Stock $2,820,705,995 5.80% 11,834,799 $1,168,965,361 Up ×1
AVGO Broadcom Inc. - Common Stock $2,208,640,410 4.54% 5,846,831 $505,143,177 Up ×1
ETN Eaton Corporation, PLC Ordinary Shares $2,117,140,999 4.35% 4,968,415 $418,745,719 Up ×2
GOOGL Alphabet Inc. - Class A Common Stock $1,735,478,421 3.57% 4,856,251 $495,109,639 Up ×1
INTC Intel Corporation - Common Stock $1,687,292,689 3.47% 12,084,027 Up ×1
Unknown issuer (CUSIP: 15675D103) $1,549,437,188 3.19% 7,011,028 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $1,422,897,577 2.93% 2,526,048 $-185,964,023 Down ×3
EQIX Equinix, Inc. - Common Stock $1,327,501,387 2.73% 1,273,517 $258,171,294 Up ×1
NVDA NVIDIA Corporation - Common Stock $1,211,584,367 2.49% 6,055,197 $107,349,839 Down ×4
CEG Constellation Energy Corporation - Common Stock When-Issued $1,150,567,816 2.37% 4,632,475 $-143,050,828
FPS Forgent Power Solutions, Inc. Class A Common Stock $1,145,207,477 2.35% 20,501,387 Up ×1
HUT Hut 8 Corp. - Common Stock $1,121,603,127 2.31% 9,715,476 Up ×1
MSFT Microsoft Corporation - Common Stock $1,095,339,285 2.25% 2,936,409 $177,311,392 Up ×1
NTRA Natera, Inc. - Common Stock $680,006,681 1.40% 2,505,090 $171,663,700 Down ×2
APP Applovin Corporation - Class A Common Stock $603,431,708 1.24% 1,171,189 $90,008,524 Down ×3
SPOT Spotify Technology S.A. Ordinary Shares $601,750,470 1.24% 1,310,632 $-38,773,938 Down ×2
ASML ASML Holding N.V. - New York Registry Shares $587,692,513 1.21% 295,406 $-67,748,240 Down ×1
RDDT Reddit, Inc. Class A Common Stock $484,269,280 1.00% 2,789,891 $108,610,457
NU Nu Holdings Ltd. Class A Ordinary Shares $391,896,575 0.81% 29,333,576 $-29,626,912
NFLX Netflix, Inc. - Common Stock $336,323,988 0.69% 4,710,420 $-326,491,806 Down ×2
GOOG Alphabet Inc. - Class C Capital Stock $320,963,205 0.66% 908,395 $860,434 Down ×3
ISRG Intuitive Surgical, Inc. - Common Stock $315,640,206 0.65% 793,704 $-78,609,966 Down ×1
FCNCA First Citizens BancShares, Inc. - Class A Common Stock $290,266,043 0.60% 139,498 $27,359,742
VRT Vertiv Holdings, LLC Class A Common Stock $270,063,803 0.56% 806,594 $24,086,206 Down ×1
QCOM QUALCOMM Incorporated - Common Stock $256,361,384 0.53% 1,387,312 $77,703,345
CVNA Carvana Co. Class A Common Stock $215,814,895 0.44% 3,278,865 $1,722,114 Up ×1
MTZ MasTec, Inc. Common Stock $215,207,036 0.44% 517,250 $27,440,538 Down ×2
CAI Caris Life Sciences, Inc. - Common Stock $174,992,258 0.36% 9,819,992 $-589,199
SNPS Synopsys, Inc. - Common Stock $141,611,612 0.29% 317,465 $-160,410,993 Down ×3
GNRC Generac Holdlings Inc. Common Stock $114,346,112 0.24% 390,513 $38,067,208
SFM Sprouts Farmers Market, Inc. - Common Stock $101,815,120 0.21% 1,203,773 $8,968,109
DASH DoorDash, Inc. - Common Stock $96,839,868 0.20% 524,792 $13,985,897 Down ×2
ENPH Enphase Energy, Inc. - Common Stock $76,663,775 0.16% 1,556,941 $14,356,941 Down ×1
BAH Booz Allen Hamilton Holding Corporation Common Stock $65,730,485 0.14% 1,083,410 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $55,759,808 0.11% 95,987
PYPL PayPal Holdings, Inc. - Common Stock $53,698,216 0.11% 1,243,590 $-2,549,360
NVAX Novavax, Inc. - Common Stock $36,144,408 0.07% 3,836,986 $4,911,342
FIX Comfort Systems USA, Inc. Common Stock $35,264,836 0.07% 17,793 Up ×1
QS QuantumScape Corporation - Common Stock $32,470,162 0.07% 4,294,995 $5,068,094
UPST Upstart Holdings, Inc. - Common stock $30,857,652 0.06% 870,947 $8,517,861
AGX Argan, Inc. Common Stock $28,828,454 0.06% 36,101 Up ×1
TSLA Tesla, Inc. - Common Stock $25,220,437 0.05% 59,963 $3,347,411 Up ×1
PINS Pinterest, Inc. Class A Common Stock $25,189,313 0.05% 1,197,780 $-5,599,219 Down ×1
TTD The Trade Desk, Inc. - Class A Common Stock $25,078,569 0.05% 1,387,089 $-6,394,480
Z Zillow Group, Inc. - Class C Capital Stock $23,315,344 0.05% 739,700 $-7,293,442
ABR Arbor Realty Trust Common Stock $22,747,117 0.05% 4,196,885 $-9,610,866
PATH UiPath, Inc. Class A Common Stock $21,320,038 0.04% 1,961,365 $-3,872,045 Down ×1
MPT Medical Properties Trust, Inc. common stock $20,907,339 0.04% 4,525,398 $-45,254
RNG RingCentral, Inc. Class A Common Stock $16,034,462 0.03% 411,351 $736,318
PTON Peloton Interactive, Inc. - Common Stock $14,775,000 0.03% 2,500,000 $4,050,000
ZG Zillow Group, Inc. - Class A Common Stock $10,295,289 0.02% 328,189 $-3,288,454
PLUG Plug Power, Inc. - Common Stock $6,897,609 0.01% 2,545,243 $1,145,360
SFIX Stitch Fix, Inc. - Class A Common Stock $3,022,383 0.01% 735,373 $588,298
OLPX Olaplex Holdings, Inc. - Common Stock $2,593,184 0.01% 1,264,968 $25,299
LCID Lucid Group, Inc. - Common Stock $1,976,179 0.00% 295,393 $-838,916
CHPT ChargePoint Holdings, Inc. Common Stock $910,648 0.00% 154,086 $161,790
HTZWW Hertz Global Holdings, Inc - Warrant $511,007 0.00% 468,814 $-557,889
AMC AMC Entertainment Holdings, Inc. Class A Common Stock $433,458 0.00% 228,136 $209,885
HTZ Hertz Global Holdings, Inc - Common Stock $241,954 0.00% 106,823 $-250,500
BYND Beyond Meat, Inc. - Common stock $224,914 0.00% 299,885 $-16,011 Down ×1

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
Unknown issuer (CUSIP: 84615Q103) $3,171,465,731 18,561,780 6.52%
INTC $1,687,292,689 12,084,027 3.47%
Unknown issuer (CUSIP: 15675D103) $1,549,437,188 7,011,028 3.19%
FPS $1,145,207,477 20,501,387 2.35%
HUT $1,121,603,127 9,715,476 2.31%
BAH $65,730,485 1,083,410 0.14%
AMD $55,759,808 95,987 0.11%
FIX $35,264,836 17,793 0.07%
AGX $28,828,454 36,101 0.06%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
LRCX Trimmed -602K +$1.9B
AMAT Trimmed -1.0M +$1.3B
AMZN Bought more +3.9M +$1.2B
TSM Trimmed -369K +$1.1B
GEV Trimmed -14K +$760.1M
AVGO Bought more +343K +$505.1M
GOOGL Bought more +543K +$495.1M
ETN Bought more +220K +$418.7M
NFLX Trimmed -2.2M -$326.5M
EQIX Bought more +183K +$258.2M

1 position 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
CRWV Dec. 31, 2025 6,724,615 $920,263,564 23.9%
ORCL March 31, 2026 4,440,008 $865,401,960 -1.0%
INTU Dec. 31, 2025 839,460 $573,275,629 -56.6%
SNOW March 31, 2026 2,480,963 $544,224,044 125.5%
BABA Dec. 31, 2025 1,996,593 $356,851,067 -26.0%
TEAM Dec. 31, 2025 2,077,303 $331,745,289 19.5%
ADBE March 31, 2026 874,150 $305,943,759 -2.4%
SMCI June 30, 2025 8,866,735 $303,597,006 -11.8%
KKR Dec. 31, 2025 2,230,946 $289,911,433 -30.3%
AMD March 31, 2026 1,239,043 $265,353,449 209.6%
ARM March 31, 2026 2,300,000 $251,413,000 99.0%
PM Sept. 30, 2025 1,298,405 $236,478,503 15.7%
HNGE Dec. 31, 2025 4,702,208 $230,784,369 113.1%
V June 30, 2026 718,753 $217,235,907 6.4%
CHYM June 30, 2026 10,071,992 $188,648,409 37.0%
MRVL March 31, 2026 2,079,046 $176,677,329 172.4%
FIG Dec. 31, 2025 3,232,969 $167,694,102 -42.3%
CDNS Dec. 31, 2025 472,212 $165,869,187 14.8%
RKT March 31, 2026 6,747,052 $130,622,928 -18.0%
SOLS June 30, 2026 1,654,589 $126,013,498 -35.4%
SE Dec. 31, 2025 666,305 $119,088,693 -23.6%
MPWR June 30, 2025 193,432 $112,186,692 98.2%
VST Dec. 31, 2025 512,811 $100,469,931 -10.5%
SWKS Dec. 31, 2025 1,272,952 $97,991,845 29.7%
CHRW June 30, 2026 573,010 $95,159,771 -25.4%
LLY Sept. 30, 2025 117,415 $91,528,515 51.1%
AXON March 31, 2026 155,387 $88,248,939 -3.2%
INFY March 31, 2026 4,574,706 $81,521,261 -20.6%
TTD Dec. 31, 2025 1,387,089 $67,981,232 -68.5%
TTAN June 30, 2025 631,258 $60,038,948 -34.6%
ENPH Dec. 31, 2025 1,647,893 $58,318,933 3.5%
Z Dec. 31, 2025 739,700 $56,993,885 -59.3%
EXPD March 31, 2026 365,987 $54,535,723 33.2%
PINS Dec. 31, 2025 1,678,764 $54,005,838 -23.4%
TEM June 30, 2025 935,562 $45,131,511 25.0%
UPST Dec. 31, 2025 870,947 $44,244,108 -44.6%
ALAB June 30, 2025 676,586 $40,371,887 289.3%
CHA March 31, 2026 3,174,115 $36,914,957 21.4%
NVAX Dec. 31, 2025 3,836,986 $33,266,669 58.9%
SPGI March 31, 2026 63,451 $33,158,858 -9.1%
MCO March 31, 2026 64,260 $32,827,221 1.5%
GNRC Sept. 30, 2025 216,442 $30,996,659 27.0%
PATH Dec. 31, 2025 2,269,557 $30,366,673 -20.3%
ZG Dec. 31, 2025 328,189 $24,430,389 -58.2%
PTON Dec. 31, 2025 2,500,000 $22,500,000 -18.4%
TCOM June 30, 2025 222,892 $14,171,473 -34.3%
KLAR Dec. 31, 2025 330,000 $12,094,501 -55.1%
RNG Dec. 31, 2025 411,351 $11,657,687 175.1%
NVCR June 30, 2025 608,672 $10,846,535 -15.4%
YUMC Sept. 30, 2025 231,346 $10,343,480 -6.5%
NAVN March 31, 2026 599,280 $10,235,702 66.9%
LX Sept. 30, 2025 1,394,026 $10,050,927 -87.1%
PLUG Dec. 31, 2025 4,098,713 $9,550,001 -5.1%
JOYY Dec. 31, 2025 155,705 $9,125,870 24.3%
LCID Dec. 31, 2025 295,393 $7,027,399 -61.0%
LCID (filed as LCIDXXXX) Sept. 30, 2025 2,953,931 $6,232,794 -82.7%
MRNA March 31, 2026 200,000 $5,898,000 272.9%
BEKE June 30, 2025 272,205 $5,468,598 -7.3%
FUTU Dec. 31, 2025 24,105 $4,192,101 -35.0%
FUTU June 30, 2025 37,421 $3,830,039 -13.7%
CPNG June 30, 2025 171,553 $3,762,157 -53.6%
JD June 30, 2025 87,778 $3,609,431 -19.5%
QFIN June 30, 2025 79,124 $3,553,459 -84.5%
SFIX Dec. 31, 2025 790,167 $3,437,226 -50.0%
MBLY Dec. 31, 2025 226,558 $3,198,999 -27.7%
IBIT June 30, 2026 67,226 $2,582,823
CHPT (filed as CHPTXXXX) Sept. 30, 2025 3,081,752 $2,167,396 -17.3%
HTZWW Dec. 31, 2025 468,814 $1,743,988
CHPT Dec. 31, 2025 154,086 $1,682,619 36.1%
OLPX Dec. 31, 2025 1,264,968 $1,657,108 No longer tracked
HTZ Dec. 31, 2025 106,823 $726,396 -65.9%
SEDG June 30, 2025 43,500 $703,830 60.1%
AMC Dec. 31, 2025 228,136 $661,594 80.8%
BYND Dec. 31, 2025 343,393 $649,013 917.1%
BULL March 31, 2026 74,334 $577,575 54.7%
API Dec. 31, 2025 93,700 $357,934 2.6%