Performance vs S&P 500

03
Tracked Q4 2025–Q2 2026 +35.6%
S&P 500 total return (same window) +8.7%
Excess return +26.9%

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: 69.0%

Sector breakdown

04
Technology 49.8%
Communication Services 9.2%
Consumer Discretionary 7.5%
Industrials 2.9%
Energy 2.7%
Consumer products 1.5%
Retail 1.2%
Financials 1.1%
Health Care 0.8%
Materials 0.7%
Real Estate 0.5%
Utilities 0.5%
Other/Unmapped 21.7%

Full portfolio 66 positions

05
Type Streak 8Q trend
QQQ Invesco QQQ Trust, Series 1 $82,918,640 14.98% 112,600 Put option $68,258,268 Up ×1
SMH SMH $35,418,060 6.40% 54,000 Put option Up ×1
INTC Intel Corporation - Common Stock $28,868,503 5.22% 206,750 $25,329,277 Up ×1
MSFT Microsoft Corporation - Common Stock $20,180,382 3.65% 54,100 Call option $13,184,169 Up ×2
AVGO Broadcom Inc. - Common Stock $18,320,875 3.31% 48,500 Call option Up ×1
NOK Nokia Corporation Sponsored American Depositary Shares $17,059,488 3.08% 1,284,600 Call option Up ×1
AMAT Applied Materials, Inc. - Common Stock $16,773,600 3.03% 23,200 Up ×1
SMCI Super Micro Computer, Inc. - Common Stock $14,955,367 2.70% 509,900 Put option $3,344,944
Unknown issuer (CUSIP: 77926X320) $14,260,435 2.58% 193,100 Put option Up ×1
SNDK Sandisk Corporation - Common Stock $14,051,651 2.54% 6,180 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $11,838,960 2.14% 24,790 $1,572,039 Down ×1
COHU Cohu, Inc. - Common Stock $11,630,256 2.10% 157,357 Up ×1
AEHR Aehr Test Systems - Common Stock $11,322,112 2.05% 117,865 $8,348,296 Up ×1
MU Micron Technology, Inc. - Common Stock $10,965,755 1.98% 9,500 $7,469,111 Down ×1
EQT EQT Corporation Common Stock $10,575,513 1.91% 198,900 Call option Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $10,454,859 1.89% 29,255 $-4,268,213 Down ×1
KWEB Krane Shares Trust $9,851,622 1.78% 402,600 Call option Up ×1
NVDA NVIDIA Corporation - Common Stock $9,791,404 1.77% 48,935 $1,455,084 Up ×1
MSTR Strategy Inc - Class A Common Stock $9,344,975 1.69% 107,500 Put option Up ×1
INTC Intel Corporation - Common Stock $9,215,580 1.67% 66,000 Call option $1,466,352 Down ×1
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $8,882,950 1.61% 11,640 $4,338,578
KMB Kimberly-Clark Corporation - Common Stock $8,408,382 1.52% 76,600 Call option Up ×1
ASML ASML Holding N.V. - New York Registry Shares $8,355,648 1.51% 4,200 $642,001 Down ×1
AAOI Applied Optoelectronics, Inc. - Common Stock $7,903,595 1.43% 53,345 $4,807,601 Up ×1
PANW Palo Alto Networks, Inc. - Common Stock $7,837,322 1.42% 22,982 Up ×1
INTU Intuit Inc. - Common Stock $7,125,300 1.29% 27,300 Call option Up ×1
HD Home Depot, Inc. (The) Common Stock $6,489,312 1.17% 18,400 Call option Up ×1
Unknown issuer (CUSIP: 77926X320) $6,424,950 1.16% 87,000 Call option Up ×1
GM General Motors Company Common Stock $6,335,976 1.14% 82,200 Call option Up ×1
BE Bloom Energy Corporation Class A Common Stock $6,281,025 1.13% 20,750 $3,794,783 Up ×1
HOOD Robinhood Markets, Inc. - Class A Common Stock $5,906,492 1.07% 58,900 $-254,278 Down ×1
ASX ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares) $5,770,848 1.04% 127,900 Up ×1
LRCX Lam Research Corporation - Common Stock $5,581,290 1.01% 12,880 Up ×1
LITE Lumentum Holdings Inc. - Common Stock $5,521,616 1.00% 6,435 $-170,740 Down ×1
Unknown issuer (CUSIP: 84615Q103) $5,296,660 0.96% 31,000 Call option Up ×1
RDDT Reddit, Inc. Class A Common Stock $5,242,116 0.95% 30,200
PLTR Palantir Technologies Inc. - Class A Common Stock $5,110,146 0.92% 43,800 Call option Up ×1
NBIS Nebius Group N.V. - Class A Ordinary Shares $5,081,528 0.92% 18,400 Call option $3,452,496 Up ×1
ACMR ACM Research, Inc. - Class A Common Stock $4,786,925 0.87% 37,725 Up ×1
NOK Nokia Corporation Sponsored American Depositary Shares $4,483,129 0.81% 337,585 Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock $4,356,825 0.79% 7,500 Call option Up ×1
PUMP ProPetro Holding Corp. Common Stock $4,345,020 0.79% 303,000 Call option Up ×1
VICR Vicor Corporation - Common Stock $4,274,424 0.77% 11,255 Up ×1
BOX Box, Inc. Class A Common Stock $4,206,590 0.76% 158,500 Call option Up ×1
FCX Freeport-McMoRan, Inc. Common Stock $4,087,850 0.74% 65,000 Call option Up ×1
APP Applovin Corporation - Class A Common Stock $3,895,139 0.70% 7,560 $-1,621,141 Down ×2
DELL Dell Technologies Inc. Class C Common Stock $3,667,410 0.66% 8,500 Call option Up ×1
TER Teradyne, Inc. - Common Stock $3,241,728 0.59% 6,700 Call option Up ×1
PURR Hyperliquid Strategies Inc - Common Stock $2,845,005 0.51% 361,500 $1,291,028 Up ×1
ARM Arm Holdings plc - American Depositary Shares $2,765,646 0.50% 7,800 Call option Up ×1
FRMI Fermi Inc. - Common Stock $2,714,108 0.49% 296,300 Call option $2,183,252 Up ×1
OKLO Oklo Inc. Class A common stock $2,710,694 0.49% 51,800 Call option $1,401,518 Up ×1
BLZE Backblaze, Inc. - Common Stock $2,650,206 0.48% 167,100 Call option Up ×1
RCAT Red Cat Holdings, Inc. - Common Stock $2,379,210 0.43% 223,400 Call option Up ×1
AMRC Ameresco, Inc. Class A Common Stock $2,249,400 0.41% 81,500 Call option Up ×1
TSEM Tower Semiconductor Ltd. - Ordinary Shares $1,642,032 0.30% 6,300 $-4,464,672 Down ×2
Unknown issuer (CUSIP: 15675D103) $1,259,700 0.23% 5,700 Up ×1
POWI Power Integrations, Inc. - Common Stock $1,239,648 0.22% 14,800 Call option Up ×1
NVTS Navitas Semiconductor Corporation - Common Stock $1,232,269 0.22% 68,765 Up ×1
HIMS Hims & Hers Health, Inc. Class A Common Stock $1,161,445 0.21% 33,500 Call option Up ×1
IONQ IonQ, Inc. Common Stock $719,010 0.13% 13,500 Call option Up ×1
SPCE Virgin Galactic Holdings, Inc. Common Stock $701,403 0.13% 242,700 Put option Up ×1
HNGE Hinge Health, Inc. Class A Common Stock $415,000 0.07% 5,000
OPENW Opendoor Technologies Inc - Series K Warrants, each whole warrant exercisable to purchase one share of Common Stock at an exercise price of $9.00 per warrant $8,085 0.00% 16,333 $-62,474
OPENL Opendoor Technologies Inc - Series A Warrants, each whole warrant exercisable to purchase one share of Common Stock at an exercise price of $13.00 per warrant $4,619 0.00% 16,333 $-131,272
OPENZ Opendoor Technologies Inc - Series Z Warrants, each whole warrant exercisable to purchase one share of Common Stock at an exercise price of $17.00 per warrant $3,920 0.00% 16,333 $-197,303

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
SMH $35,418,060 54,000 6.40%
AVGO $18,320,875 48,500 3.31%
NOK $17,059,488 1,284,600 3.08%
AMAT $16,773,600 23,200 3.03%
Unknown issuer (CUSIP: 77926X320) $14,260,435 193,100 2.58%
SNDK $14,051,651 6,180 2.54%
COHU $11,630,256 157,357 2.10%
EQT $10,575,513 198,900 1.91%
KWEB $9,851,622 402,600 1.78%
MSTR $9,344,975 107,500 1.69%
KMB $8,408,382 76,600 1.52%
PANW $7,837,322 22,982 1.42%
INTU $7,125,300 27,300 1.29%
HD $6,489,312 18,400 1.17%
Unknown issuer (CUSIP: 77926X320) $6,424,950 87,000 1.16%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MSFT Bought more +35K +$13.2M
AEHR Bought more +38K +$8.3M
MU Trimmed -850 +$7.5M
AAOI Bought more +17K +$4.8M
TSEM Trimmed -28K -$4.5M
CRWD Price move only +0 +$4.3M
GOOGL Trimmed -22K -$4.3M
BE Bought more +2K +$3.8M
NBIS Bought more +3K +$3.5M
SMCI Price move only +0 +$3.3M

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
AMZN June 30, 2026 54,200 $11,288,234 4.1%
EWY June 30, 2026 90,000 $11,070,900
TSLA June 30, 2026 29,000 $10,780,750 -11.5%
META June 30, 2026 13,250 $7,580,723 14.1%
BABA June 30, 2026 48,600 $6,097,356 3.8%
XBI June 30, 2026 43,600 $5,569,028 -5.5%
F March 31, 2026 420,000 $5,452,000 0.5%
FORM June 30, 2026 55,400 $5,373,246 -38.4%
RBRK March 31, 2026 69,200 $5,292,000 162.9%
VRSN June 30, 2026 20,000 $4,967,200 19.4%
SE June 30, 2026 59,500 $4,927,195 -22.1%
CLS March 31, 2026 16,500 $4,878,000 -7.7%
CIEN June 30, 2026 12,300 $4,775,229 -34.7%
RDDT March 31, 2026 18,400 $4,230,000 7.1%
AVGO March 31, 2026 11,500 $3,980,000 3.9%
TIGO June 30, 2026 49,200 $3,687,048 -13.7%
OXY June 30, 2026 56,600 $3,679,000 32.1%
AA June 30, 2026 55,200 $3,661,416 -27.3%
BW June 30, 2026 231,900 $3,406,611 -70.6%
NU March 31, 2026 147,300 $2,466,000 5.5%
CRWV March 31, 2026 29,600 $2,120,000 -30.0%
TWLO March 31, 2026 14,700 $2,091,000 108.1%
MELI March 31, 2026 1,000 $2,014,000 4.7%
POET June 30, 2026 326,300 $1,938,222 -46.9%
IOT June 30, 2026 54,400 $1,723,936 38.5%
FIG March 31, 2026 46,000 $1,719,000 16.6%
GLW March 31, 2026 19,000 $1,664,000 -9.0%
NUAI June 30, 2026 406,000 $1,648,360 -53.6%
TER March 31, 2026 7,800 $1,510,000 4.2%
OSCR March 31, 2026 95,100 $1,367,000 170.2%
BBAI March 31, 2026 240,000 $1,296,000 -39.2%
KVYO March 31, 2026 39,600 $1,286,000 8.5%
AMPL March 31, 2026 105,600 $1,223,000 155.4%
NTSK March 31, 2026 60,000 $1,052,000 186.0%
CQP June 30, 2026 16,000 $1,034,080 8.5%
GRRR March 31, 2026 60,000 $655,000 -20.5%
SSYS March 31, 2026 74,900 $650,000 -12.9%
USAR June 30, 2026 37,800 $572,103 -56.8%
EOSE June 30, 2026 102,600 $508,896 -70.6%
AREC March 31, 2026 165,000 $409,000 -52.9%
UAMY March 31, 2026 80,000 $402,000 -64.9%
VG June 30, 2026 24,400 $384,544 25.8%
HNGE March 31, 2026 5,000 $232,000 189.2%
CRCL June 30, 2026 2,300 $219,443 37.2%
IREN March 31, 2026 5,800 $219,000 -27.3%
FIGR March 31, 2026 5,000 $204,000 -31.7%
SPWR March 31, 2026 104,800 $165,000 -82.2%
FLNC March 31, 2026 6,700 $133,000 -59.4%
SOC March 31, 2026 11,200 $101,000 -80.3%