Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +40.3%

Annualized: +31.1%

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: 97.6% · Options excluded: 0.0%

Sector breakdown

04
Technology 62.9%
Retail 11.4%
Communication Services 6.6%
Industrials 5.5%
Healthcare 3.4%
Consumer Discretionary 2.7%
Financials 1.9%
Materials 0.6%
Consumer Staples 0.6%
Energy 0.4%
Utilities 0.3%
Consumer products 0.1%
Real Estate 0.1%
Other/Unmapped 3.6%

Full portfolio 488 positions

05
Type Streak 8Q trend
PDD PDD Holdings Inc. - American Depositary Shares $359,732,590 8.07% 4,715,949 $-109,585,565 Up ×1
LRCX Lam Research Corporation - Common Stock $262,564,614 5.89% 605,923 $238,122,765 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $248,070,644 5.57% 427,038 $217,970,938 Up ×1
NVDA NVIDIA Corporation - Common Stock $234,797,411 5.27% 1,173,459 $94,426 Down ×1
INTC Intel Corporation - Common Stock $209,174,118 4.69% 1,498,060 $173,550,882 Up ×1
AAPL Apple Inc. - Common Stock $200,461,084 4.50% 692,774 $18,732,724 Down ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $196,075,437 4.40% 410,569 $19,978,816 Down ×1
ASML ASML Holding N.V. - New York Registry Shares $172,347,176 3.87% 86,631 $127,061,199 Up ×1
KLAC KLA Corporation - Common Stock $165,783,008 3.72% 549,478 $130,780,877 Up ×1
SNDK Sandisk Corporation - Common Stock $154,765,980 3.47% 68,067 $118,077,001 Up ×1
MU Micron Technology, Inc. - Common Stock $136,460,164 3.06% 118,220 $87,414,917 Down ×1
MSFT Microsoft Corporation - Common Stock $130,151,900 2.92% 348,914 $3,392,366 Up ×1
MRVL Marvell Technology, Inc. - Common Stock $104,949,924 2.36% 352,311 $83,289,175 Up ×1
ALAB Astera Labs, Inc. - Common Stock $95,095,529 2.13% 196,877 Up ×1
AVGO Broadcom Inc. - Common Stock $85,311,060 1.91% 225,840 $14,213,827 Down ×1
AMAT Applied Materials, Inc. - Common Stock $82,308,489 1.85% 113,843 $64,230,532 Up ×1
AMZN Amazon.com, Inc. - Common Stock $66,176,292 1.49% 277,655 $18,024,060 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $59,583,228 1.34% 166,727 $-66,544,901 Down ×1
GLW Corning Incorporated Common Stock $54,154,480 1.22% 212,013 $-39,837,910 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $43,672,648 0.98% 123,603 $-4,317,883 Down ×1
TSLA Tesla, Inc. - Common Stock $42,941,157 0.96% 102,095 $7,527,508 Up ×1
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $41,796,080 0.94% 43,312 $36,737,675 Up ×1
YMM Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) $37,897,827 0.85% 4,667,220 $473,667 Up ×1
IVV iShares Trust $36,330,152 0.82% 48,512 $7,281,250 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $35,703,010 0.80% 63,383 $-564,311 Down ×1
CSCO Cisco Systems, Inc. - Common Stock $32,203,656 0.72% 274,167 $11,863,825 Up ×1
TME Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares $29,049,241 0.65% 3,478,951 $2,977,518 Up ×1
BZ KANZHUN LIMITED - American Depository Shares $27,529,342 0.62% 2,139,032 $4,239,700 Up ×1
UMC United Microelectronics Corporation (NEW) Common Stock $27,095,446 0.61% 995,790 Up ×1
TAL TAL Education Group American Depositary Shares $25,125,576 0.56% 2,625,452 $787,864 Up ×1
WMT Walmart Inc. - Common Stock $24,678,334 0.55% 217,891 $-336,496 Up ×1
GEV GE Vernova Inc. Common Stock $22,995,534 0.52% 19,573 $9,491,771 Up ×1
VIPS Vipshop Holdings Limited American Depositary Shares, each representing two ordinary shares $20,717,915 0.46% 1,562,437 $-412,484 Up ×1
XBI SPDR SERIES TRUST $20,335,125 0.46% 128,500 $3,921,820
COST Costco Wholesale Corporation - Common Stock $19,201,458 0.43% 20,526 $283,238 Up ×1
WDC Western Digital Corporation - Common Stock $19,198,007 0.43% 30,057 $13,634,028 Up ×1
BE Bloom Energy Corporation Class A Common Stock $19,116,110 0.43% 63,152 $7,917,997 Down ×1
PLTR Palantir Technologies Inc. - Class A Common Stock $18,817,704 0.42% 161,290 $-3,848,236 Up ×1
TXN Texas Instruments Incorporated - Common Stock $18,760,526 0.42% 62,940 $2,701,071 Down ×1
FUTU Futu Holdings Limited - American Depositary Shares $17,818,287 0.40% 190,082 $-17,212,103 Down ×1
PANW Palo Alto Networks, Inc. - Common Stock $17,667,905 0.40% 51,809 $9,945,451 Up ×1
DBO Invesco DB Oil Fund $17,292,340 0.39% 979,736 $-1,979,067
USO United States Oil Fund $16,196,975 0.36% 152,170 $1,377,567 Up ×1
LITE Lumentum Holdings Inc. - Common Stock $14,677,116 0.33% 17,105 $-132,513,155 Down ×1
CIEN Ciena Corporation Common Stock $14,107,524 0.32% 28,758 $-4,508,493 Down ×1
NFLX Netflix, Inc. - Common Stock $13,914,647 0.31% 194,883 $-3,497,061 Up ×1
ATAT Atour Lifestyle Holdings Limited - American Depositary Shares $13,674,000 0.31% 430,000 $-2,890,500 Down ×1
SPY SPY $13,539,687 0.30% 18,131 $2,596,416 Up ×1
CRDO Credo Technology Group Holding Ltd - Ordinary Shares $12,767,509 0.29% 46,948
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $12,271,291 0.28% 16,080 $6,435,833 Up ×1
ADI Analog Devices, Inc. - Common Stock $12,151,417 0.27% 30,595 $2,804,146 Up ×1
QCOM QUALCOMM Incorporated - Common Stock $12,093,397 0.27% 65,444 $3,918,443 Up ×1
BNO United States Brent Oil Fund, LP ETV $11,938,934 0.27% 293,412 $-3,321,424
SGOL abrdn Physical Gold Shares ETF $11,443,806 0.26% 299,341 $-2,249,626 Down ×1
GLD SPDR Gold Shares $11,426,411 0.26% 31,018 $-1,496,489 Up ×1
IAU iShares Gold Trust Shares $11,323,782 0.25% 149,964 $-1,897,044
LLY Eli Lilly and Company Common Stock $11,007,170 0.25% 9,177 $3,122,902 Up ×1
LIN Linde plc - Ordinary Shares $10,984,922 0.25% 21,168 $1,278,932 Up ×1
JPM JP Morgan Chase & Co. Common Stock $9,805,498 0.22% 29,956 $1,574,018 Up ×1
JOYY JOYY Inc. - American Depositary Shares $9,676,509 0.22% 146,636 $2,904,962 Up ×1
AXON Axon Enterprise, Inc. - Common Stock $9,669,962 0.22% 17,249 $8,456,623 Up ×1
APP Applovin Corporation - Class A Common Stock $9,446,742 0.21% 18,335 $2,447,514 Up ×1
IBM International Business Machines Corporation Common Stock $8,996,751 0.20% 31,993 $1,287,052 Up ×1
ORCL Oracle Corporation Common Stock $8,654,217 0.19% 59,053 $-69,406 Down ×1
PEP PepsiCo, Inc. - Common Stock $8,473,061 0.19% 62,578 $-483,134 Up ×1
AMGN Amgen Inc. - Common Stock $8,334,192 0.19% 23,015 $759,565 Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $8,305,473 0.19% 16,598 $695,777 Up ×1
COHR Coherent Corp. Common Stock $8,150,145 0.18% 20,661 $-929,944 Down ×1
QFIN Qfin Holdings, Inc. - American Depositary Shares $8,019,038 0.18% 507,213 $1,850,446 Up ×1
JCI Johnson Controls International plc Ordinary Share $7,375,925 0.17% 50,482 $6,932,790 Up ×1
JNJ Johnson & Johnson Common Stock $7,291,225 0.16% 28,709 $887,142 Up ×1
ATHM Autohome Inc. American Depositary Shares, each representing four class A ordinary shares. $7,210,029 0.16% 378,877 $2,514,675 Up ×1
MAR Marriott International - Class A Common Stock $7,103,840 0.16% 19,169 $1,724,846 Up ×1
GILD Gilead Sciences, Inc. - Common Stock $6,801,640 0.15% 53,836 $-230,691 Up ×1
V Visa Inc. $6,765,049 0.15% 19,718 $1,516,047 Up ×1
TMUS T-Mobile US, Inc. - Common Stock $6,645,295 0.15% 39,619 $-1,095,150 Up ×1
FTNT Fortinet, Inc. - Common Stock $6,544,058 0.15% 42,599 $3,213,804 Up ×1
CDNS Cadence Design Systems, Inc. - Common Stock $6,411,966 0.14% 17,084 $1,891,855 Up ×1
XOM Exxon Mobil Corporation Common Stock $6,095,388 0.14% 44,583 $-3,841,429 Down ×1
APH Amphenol Corporation Common Stock $6,029,263 0.14% 34,195 $1,645,929 Down ×1
ABBV AbbVie Inc. Common Stock $5,751,484 0.13% 22,856 $935,603 Up ×1
ISRG Intuitive Surgical, Inc. - Common Stock $5,739,716 0.13% 14,433 $-375,316 Up ×1
VRTX Vertex Pharmaceuticals Incorporated - Common Stock $5,690,043 0.13% 11,455 $860,266 Up ×1
YUMC Yum China Holdings, Inc. Common Stock $5,371,859 0.12% 131,824 $-1,446,552 Down ×1
BKNG Booking Holdings Inc. - Common Stock $5,357,716 0.12% 30,059 $600,054 Up ×1
DDOG Datadog, Inc. - Class A Common Stock $5,349,617 0.12% 20,547 $3,061,335 Up ×1
CAT Caterpillar, Inc. Common Stock $5,322,370 0.12% 4,998 $1,839,580 Up ×1
SNPS Synopsys, Inc. - Common Stock $5,314,924 0.12% 11,915 $814,480 Up ×1
ARM Arm Holdings plc - American Depositary Shares $5,268,201 0.12% 14,858 $-3,270,647 Down ×1
ADBE Adobe Inc. - Common Stock $5,144,772 0.12% 25,094 $-773,983 Up ×1
MA Mastercard Incorporated Common Stock $5,125,728 0.12% 9,980 $820,158 Up ×1
SHOP Shopify Inc. - Class A Subordinate Voting Shares $4,879,254 0.11% 42,733 $245,245 Up ×1
ANET Arista Networks, Inc. Common Stock $4,864,174 0.11% 28,633 $1,299,503 Down ×1
ERAS Erasca, Inc. - Common Stock $4,861,780 0.11% 265,381 $4,334,231 Up ×1
CELC Celcuity Inc. - Common Stock $4,801,535 0.11% 45,895 $-487,371 Down ×1
EYPT EyePoint, Inc. - Common Stock $4,730,068 0.11% 330,774 $3,511,963 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $4,703,684 0.11% 11,317 $1,883,595 Up ×1
TER Teradyne, Inc. - Common Stock $4,702,441 0.11% 9,719 $3,425,884 Up ×1
SBUX Starbucks Corporation - Common Stock $4,521,396 0.10% 44,245 $876,517 Up ×1
INTU Intuit Inc. - Common Stock $4,465,449 0.10% 17,109 $-2,642,014 Up ×1

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
ALAB $95,095,529 196,877 2.13%
UMC $27,095,446 995,790 0.61%
CRDO $12,767,509 46,948 0.29%
Unknown issuer (CUSIP: 438516205) $2,733,147 12,207 0.06%
Unknown issuer (CUSIP: 43849R105) $2,672,858 12,090 0.06%
NBIS $2,240,567 8,113 0.05%
RKLB $2,061,360 20,279 0.05%
FLEX $1,599,955 9,872 0.04%
CRWV $1,560,986 15,682 0.04%
Unknown issuer (CUSIP: G2004J103) $1,537,381 53,811 0.03%
NBP $1,148,589 589,020 0.03%
NOK $1,123,222 84,580 0.03%
Unknown issuer (CUSIP: 884903881) $1,089,314 13,338 0.02%
MUFG $592,523 29,790 0.01%
MSCI $539,879 964 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
KLAC Bought more +526K +$130.8M
ASML Bought more +52K +$127.1M
SNDK Bought more +10K +$118.1M
PDD Bought more +123K -$109.6M
MU Trimmed -27K +$87.4M
MRVL Bought more +134K +$83.3M
GOOGL Trimmed -272K -$66.5M
AMAT Bought more +61K +$64.2M
GLW Trimmed -479K -$39.8M
TSM Trimmed -111K +$20.0M

7 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
BEKE June 30, 2025 3,503,210 $70,379,489 -7.3%
GLDM June 30, 2026 144,525 $13,396,022 3.1%
EVMN June 30, 2026 243,700 $5,602,663 -48.6%
LYB June 30, 2026 64,818 $5,221,738 11.5%
HON June 30, 2026 22,572 $5,101,949 -4.2%
ARGX June 30, 2025 5,800 $3,432,817 66.2%
FN June 30, 2026 5,242 $2,733,808 -18.6%
KYMR June 30, 2025 71,863 $1,966,890 140.0%
BNTX June 30, 2025 21,300 $1,939,578 -9.2%
JANX June 30, 2025 68,644 $1,853,388 -28.6%
CCI June 30, 2025 14,912 $1,554,278 -35.8%
ABVX June 30, 2026 13,732 $1,529,058 -31.5%
TW June 30, 2025 9,633 $1,430,115 -28.2%
CCL June 30, 2026 53,301 $1,379,430 -10.0%
ATAT June 30, 2025 48,532 $1,375,883 -0.7%
MMYT June 30, 2025 14,004 $1,372,252 -54.3%
TRI June 30, 2026 14,195 $1,277,266 18.1%
DSX June 30, 2026 506,943 $1,267,358 33.8%
BTI June 30, 2025 28,212 $1,167,130 10.5%
BABA June 30, 2025 7,904 $1,045,146 -4.4%
CHTR June 30, 2026 4,361 $941,452 -25.5%
VRSK June 30, 2026 4,891 $928,067 -8.6%
APLS June 30, 2026 22,686 $912,658 No longer tracked
ACMR June 30, 2025 34,800 $812,232 214.3%
LX June 30, 2025 76,800 $774,912 -90.5%
RL June 30, 2026 2,143 $737,171 -9.8%
ZS June 30, 2026 5,132 $719,968 43.5%
CSGP June 30, 2026 14,915 $601,671 -3.7%
FOLD June 30, 2026 40,461 $585,066 No longer tracked
ACLX June 30, 2026 5,084 $583,745 No longer tracked
EDV June 30, 2025 7,789 $553,876
SB June 30, 2026 80,647 $510,496 37.5%
CBOE June 30, 2026 1,436 $403,616
TLH June 30, 2025 3,583 $371,736
HOLX June 30, 2026 4,898 $370,240 No longer tracked
ZROZ June 30, 2025 5,139 $368,107
TEAM June 30, 2026 5,378 $367,049 149.1%
SLNO June 30, 2026 10,009 $335,101 No longer tracked
MDB June 30, 2025 1,901 $333,436 68.6%
ALB June 30, 2026 1,695 $304,304 -22.1%
QQQM June 30, 2025 1,424 $274,860
HWM June 30, 2025 2,041 $264,779 23.7%
AZO June 30, 2025 69 $263,082 -25.9%
STNG June 30, 2026 3,492 $260,713 23.2%
AGIO June 30, 2025 8,750 $256,375 -5.9%
ELD June 30, 2026 7,229 $248,172
AKAM June 30, 2025 3,049 $245,445 37.0%
NKE June 30, 2026 4,291 $226,651 -19.5%
AWK June 30, 2025 1,478 $218,034 -7.4%
AON June 30, 2025 546 $217,903 -24.6%
SWKS June 30, 2025 3,255 $210,371 10.4%
AZO June 30, 2026 62 $209,422 -14.0%
UPS June 30, 2025 1,881 $206,891 -8.3%
OKE June 30, 2026 2,247 $203,107 1.1%
EPAM June 30, 2026 1,485 $201,069 35.8%
CLDX June 30, 2025 10,125 $183,769 56.8%
OCFT June 30, 2025 26,775 $179,393 No longer tracked
NRIX June 30, 2025 10,288 $122,221 100.6%
SPRY June 30, 2026 14,787 $118,740 -48.0%
RCKT June 30, 2025 14,567 $97,162 3.3%
EBS June 30, 2026 10,710 $88,893 -20.3%
VNDA June 30, 2026 11,603 $80,177 -25.7%
LXEO June 30, 2026 12,683 $72,800 -23.1%
CCG June 30, 2025 83,069 $70,542 -79.6%
RCKT June 30, 2026 17,751 $63,549 -26.0%
AKBA June 30, 2026 41,119 $57,155 -25.7%
AVXL June 30, 2026 18,070 $55,475 -32.2%
EBS June 30, 2025 10,383 $50,461 4.7%
IVVD June 30, 2026 38,502 $50,053 -5.3%
VERV June 30, 2025 10,522 $48,086 No longer tracked
SANA June 30, 2025 18,236 $30,636 4.9%
SCLX June 30, 2025 31,431 $7,811 -30.7%