Heard Capital LLC
Portfolio value QoQ: +20.8% 13F does not disclose cash
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 14.58% Est. buys $356,145,208 · sells $311,446,577
Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 87.5% still held
Performance vs S&P 500
Annualized: +27.6% · 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.
Sector breakdown
Full portfolio 21 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| LRCX | $328,360,141 | 14.05% | 757,760 | $99,555,920 | Down ×5 | ||
| TDG | $248,144,400 | 10.62% | 186,289 | $41,142,554 | Up ×4 | ||
| FICO | $233,611,749 | 10.00% | 195,527 | $43,151,938 | Up ×2 | ||
| APO | $199,980,576 | 8.56% | 1,690,310 | $12,625,618 | Up ×6 | ||
| ATEX | $176,721,010 | 7.56% | 1,716,738 | $111,158,786 | |||
| PLTR | $162,153,333 | 6.94% | 1,389,846 | $-31,191,526 | Up ×2 | ||
| AVAV | $149,219,153 | 6.39% | 903,975 | $17,175,669 | Up ×1 | ||
| BX | $143,274,992 | 6.13% | 1,217,600 | $1,504,971 | Down ×1 | ||
| BE | $135,854,182 | 5.81% | 448,808 | Up ×1 | |||
| MRVL | $133,447,869 | 5.71% | 447,977 | Up ×1 | |||
| AMT | $131,648,987 | 5.63% | 804,848 | $-60,278,094 | Down ×2 | ||
| AXP | $114,811,183 | 4.91% | 339,427 | $12,020,312 | Down ×3 | ||
| ESLT | $99,270,925 | 4.25% | 130,840 | $7,237,211 | Up ×1 | ||
| MC | $64,099,170 | 2.74% | 979,810 | $8,250,000 | |||
| EQIX | $5,378,732 | 0.23% | 5,160 | $320,694 | |||
| AMZN | $4,304,420 | 0.18% | 18,060 | $543,064 | |||
| QCOM | $2,335,746 | 0.10% | 12,640 | $-448,478 | Down ×1 | ||
| ADBE | $1,373,634 | 0.06% | 6,700 | $-106,632,887 | Down ×1 | ||
| ARES | $1,241,107 | 0.05% | 11,150 | $24,642 | |||
| PLD | $1,016,025 | 0.04% | 7,500 | $24,675 | |||
| TSAT | $221,209 | 0.01% | 4,370 | $-21,881,425 | Down ×6 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| ATEX | Price move only | +0 | +$111.2M |
| LRCX | Trimmed | -313K | +$99.6M |
| AMT | Trimmed | -307K | -$60.3M |
| FICO | Bought more | +17K | +$43.2M |
| TDG | Bought more | +8K | +$41.1M |
| PLTR | Bought more | +68K | -$31.2M |
| AVAV | Bought more | +183K | +$17.2M |
| APO | Bought more | +9K | +$12.6M |
| AXP | Trimmed | -400 | +$12.0M |
| MC | Price move only | +0 | +$8.2M |
2 positions hidden — reported move looks larger than the position itself (data completeness check)
Exited positions
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.