LYELL WEALTH MANAGEMENT, LP
CIK 1686444 · View on SEC EDGAR ↗
- Portfolio value
- $1.6B
- Positions
- 232
- As of
- June 30, 2026
#1,760 of 9,443 by 13F value · top 18.6%
Portfolio value QoQ: +19.8% 13F does not disclose cash
- Top 10 holdings weight
- 36.46%
- Top 25 holdings weight
- 60.52%
- Positions above 1%
- 29
- Effective number of positions
- 45.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 3.67% Est. buys $77,618,455 · sells $54,850,835
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 82.6% still held
- New positions
- 27
- Increased
- 91
- Decreased
- 70
- Closed
- 11
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +20.3% · S&P 500: +18.0%
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: 88.9% · Options excluded: 0.0%
Sector breakdown
Technology
31.4%
Communication Services
12.7%
Industrials
11.9%
Retail
7.1%
Healthcare
5.0%
Financial Services
4.6%
Consumer Discretionary
3.6%
Financials
2.6%
Consumer products
2.5%
Communications
1.3%
Materials
0.7%
Energy
0.7%
Telecommunication
0.4%
Real Estate
0.2%
Packaging
0.2%
Consumer Staples
0.1%
Utilities
0.0%
Other/Unmapped
15.2%
Full portfolio 232 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| NVDA NVIDIA Corporation - Common Stock | $115,268,045 | 7.07% | 576,081 | $14,302,287 | Down ×4 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $89,793,951 | 5.51% | 254,136 | $16,892,722 | Up ×2 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $65,511,743 | 4.02% | 183,316 | $13,177,505 | Up ×1 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $59,242,335 | 3.64% | 173,721 | $31,944,007 | Up ×6 | ||
| AAPL Apple Inc. - Common Stock | $53,535,912 | 3.29% | 185,015 | $6,763,346 | Up ×3 | ||
| SMH SMH | $49,947,159 | 3.06% | 76,152 | $20,078,485 | Down ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $42,353,018 | 2.60% | 177,700 | $5,813,921 | Up ×6 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $40,372,664 | 2.48% | 69,499 | $24,609,687 | Down ×1 | ||
| ASML ASML Holding N.V. - New York Registry Shares | $39,649,539 | 2.43% | 19,930 | $13,051,985 | Down ×3 | ||
| CAT Caterpillar, Inc. Common Stock | $38,446,409 | 2.36% | 36,103 | $12,237,462 | Down ×3 | ||
| MSFT Microsoft Corporation - Common Stock | $34,951,039 | 2.14% | 93,697 | $715,224 | Up ×3 | ||
| JPM JP Morgan Chase & Co. Common Stock | $33,902,789 | 2.08% | 103,574 | $4,316,636 | Up ×1 | ||
| APH Amphenol Corporation Common Stock | $33,527,026 | 2.06% | 190,149 | $9,572,794 | Up ×1 | ||
| VRT Vertiv Holdings, LLC Class A Common Stock | $32,523,795 | 2.00% | 97,138 | $6,223,386 | Down ×3 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $31,795,655 | 1.95% | 66,578 | $8,822,152 | Down ×3 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $31,683,936 | 1.94% | 56,248 | $150,419 | Up ×6 | ||
| PWR Quanta Services, Inc. Common Stock | $28,304,082 | 1.74% | 39,309 | $6,504,126 | Down ×1 | ||
| COST Costco Wholesale Corporation - Common Stock | $28,288,707 | 1.74% | 30,240 | $-1,478,717 | Up ×6 | ||
| MS Morgan Stanley Common Stock | $23,216,358 | 1.42% | 111,062 | $5,114,276 | Up ×6 | ||
| DHI D.R. Horton, Inc. Common Stock | $20,591,316 | 1.26% | 126,420 | $3,248,784 | Up ×6 | ||
| CDNS Cadence Design Systems, Inc. - Common Stock | $19,776,737 | 1.21% | 52,693 | $5,227,464 | Up ×6 | ||
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | $19,116,130 | 1.17% | 167,421 | $-446,206 | Up ×3 | ||
| EXTR Extreme Networks, Inc. - Common Stock | $18,850,508 | 1.16% | 582,345 | $10,068,745 | |||
| V Visa Inc. | $18,184,327 | 1.12% | 53,002 | $2,105,599 | Down ×2 | ||
| TOL Toll Brothers, Inc. Common Stock | $17,428,387 | 1.07% | 105,787 | $3,756,726 | Up ×6 | ||
| AVGO Broadcom Inc. - Common Stock | $17,382,166 | 1.07% | 46,015 | $5,048,502 | Up ×3 | ||
| TMO Thermo Fisher Scientific Inc Common Stock | $17,286,452 | 1.06% | 34,479 | $306,008 | Down ×1 | ||
| HD Home Depot, Inc. (The) Common Stock | $16,818,803 | 1.03% | 47,689 | $1,685,521 | Up ×1 | ||
| DELL Dell Technologies Inc. Class C Common Stock | $16,324,289 | 1.00% | 37,835 | $11,861,594 | Up ×1 | ||
| ISRG Intuitive Surgical, Inc. - Common Stock | $15,509,918 | 0.95% | 39,001 | $-1,635,222 | Up ×1 | ||
| NFLX Netflix, Inc. - Common Stock | $15,245,899 | 0.94% | 213,528 | $-5,017,425 | Up ×6 | ||
| SNOW Snowflake Inc. Common Stock | $14,703,738 | 0.90% | 57,775 | $5,118,976 | Down ×1 | ||
| WMT Walmart Inc. - Common Stock | $14,687,848 | 0.90% | 129,683 | $-923,589 | Up ×6 | ||
| IBDS | $14,357,931 | 0.88% | 592,813 | $863,935 | Up ×6 | ||
| SPY SPY | $14,125,174 | 0.87% | 18,915 | $1,879,976 | Up ×2 | ||
| UBER Uber Technologies, Inc. Common Stock | $13,920,530 | 0.85% | 192,912 | $-225,799 | Down ×2 | ||
| NET Cloudflare, Inc. Class A Common Stock | $13,712,869 | 0.84% | 55,907 | $2,563,493 | Up ×6 | ||
| IBDT | $13,371,845 | 0.82% | 529,578 | $955,636 | Up ×6 | ||
| DE Deere & Company Common Stock | $13,110,518 | 0.80% | 20,668 | $2,236,445 | Up ×6 | ||
| GLD | $12,852,410 | 0.79% | 34,889 | $-2,646,206 | Down ×3 | ||
| IBDU | $12,667,200 | 0.78% | 546,943 | $929,669 | Up ×6 | ||
| WM Waste Management, Inc. Common Stock | $12,383,436 | 0.76% | 55,561 | $1,546,999 | Up ×1 | ||
| BRKB | $12,123,449 | 0.74% | 24,228 | $585,271 | Up ×6 | ||
| IDXX IDEXX Laboratories, Inc. - Common Stock | $11,929,130 | 0.73% | 22,660 | $-722,947 | Up ×1 | ||
| SYK Stryker Corporation Common Stock | $11,572,360 | 0.71% | 36,756 | $-574,048 | Down ×2 | ||
| XLI XLI | $11,473,568 | 0.70% | 61,942 | $1,656,034 | Up ×2 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $10,915,575 | 0.67% | 72,050 | $2,158,745 | Up ×2 | ||
| IBDV | $10,738,636 | 0.66% | 492,598 | $494,160 | Up ×6 | ||
| FCX Freeport-McMoRan, Inc. Common Stock | $10,364,120 | 0.64% | 164,798 | $3,242,222 | Up ×1 | ||
| MA Mastercard Incorporated Common Stock | $10,081,494 | 0.62% | 19,629 | $331,108 | Up ×1 | ||
| NOW ServiceNow, Inc. Common Stock | $9,114,798 | 0.56% | 91,809 | $-2,850,531 | Down ×2 | ||
| XLV XLV | $8,841,329 | 0.54% | 55,725 | $817,070 | Up ×3 | ||
| BLK BlackRock, Inc. Common Stock | $8,786,451 | 0.54% | 9,138 | $611,396 | Up ×6 | ||
| VOO | $8,721,862 | 0.54% | 12,699 | $1,792,135 | Up ×1 | ||
| UNP Union Pacific Corporation Common Stock | $8,592,365 | 0.53% | 31,590 | $1,296,953 | Up ×1 | ||
| IBDR | $8,490,216 | 0.52% | 350,401 | $-2,812,387 | Down ×2 | ||
| IBDW | $7,706,674 | 0.47% | 369,802 | $390,027 | Up ×6 | ||
| IBDX | $6,723,463 | 0.41% | 266,910 | $39,169 | Up ×6 | ||
| XLK XLK | $6,290,908 | 0.39% | 33,020 | $2,063,591 | Up ×1 | ||
| Unknown issuer (CUSIP: 438516205) | $6,183,446 | 0.38% | 27,617 | Up ×1 | |||
| Unknown issuer (CUSIP: 43849R105) | $6,105,566 | 0.37% | 27,617 | Up ×1 | |||
| IJR | $5,812,299 | 0.36% | 39,190 | $1,375,671 | Up ×4 | ||
| OWL Blue Owl Capital Inc. Class A Common Stock | $5,793,439 | 0.36% | 662,107 | $-827,053 | Down ×1 | ||
| INTU Intuit Inc. - Common Stock | $5,699,766 | 0.35% | 21,838 | $-6,766,668 | Down ×3 | ||
| TSLA Tesla, Inc. - Common Stock | $5,603,654 | 0.34% | 13,323 | $3,670,554 | Up ×1 | ||
| TMUS T-Mobile US, Inc. - Common Stock | $5,490,845 | 0.34% | 32,736 | $-3,266,968 | Down ×1 | ||
| IBDY | $5,272,447 | 0.32% | 204,795 | $582,094 | Up ×5 | ||
| ABT Abbott Laboratories Common Stock | $5,113,811 | 0.31% | 56,357 | $-1,508,507 | Down ×3 | ||
| VEEV Veeva Systems Inc. Class A Common Stock | $4,780,154 | 0.29% | 26,935 | $-1,865,064 | Down ×2 | ||
| IBDZ | $4,723,777 | 0.29% | 181,335 | $1,366,337 | Up ×3 | ||
| BAC Bank of America Corporation Common Stock | $4,288,771 | 0.26% | 75,268 | $643,100 | Up ×1 | ||
| XBI XBI | $4,253,918 | 0.26% | 26,881 | $2,694,590 | Up ×3 | ||
| IVV | $4,119,644 | 0.25% | 5,501 | $526,336 | |||
| CVX Chevron Corporation Common Stock | $3,831,054 | 0.24% | 23,112 | $-1,332,799 | Down ×2 | ||
| SCHF | $3,767,135 | 0.23% | 135,998 | $1,243,070 | Up ×3 | ||
| IBB IBB | $3,717,865 | 0.23% | 19,548 | $751,145 | Up ×4 | ||
| DLR Digital Realty Trust, Inc. Common Stock | $3,644,628 | 0.22% | 20,295 | $-616,414 | Down ×3 | ||
| LLY Eli Lilly and Company Common Stock | $3,414,777 | 0.21% | 2,847 | $909,324 | Up ×4 | ||
| MU Micron Technology, Inc. - Common Stock | $3,324,355 | 0.20% | 2,880 | $2,157,793 | Down ×6 | ||
| GWRE Guidewire Software, Inc. Common Stock | $3,295,279 | 0.20% | 26,780 | $-732,372 | Down ×4 | ||
| RSP | $3,143,303 | 0.19% | 14,773 | $-119,337 | Down ×1 | ||
| CRWD CrowdStrike Holdings, Inc. - Class A Common Stock | $3,113,611 | 0.19% | 4,080 | Up ×1 | |||
| DIS Walt Disney Company (The) Common Stock | $3,016,460 | 0.19% | 31,340 | $-226,326 | Down ×4 | ||
| IWM | $2,996,735 | 0.18% | 9,974 | $641,709 | Up ×4 | ||
| NDAQ Nasdaq, Inc. - Common Stock | $2,951,809 | 0.18% | 37,450 | $244,242 | Up ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $2,583,622 | 0.16% | 3,508 | $544,763 | Down ×3 | ||
| Unknown issuer (CUSIP: 30233Q108) | $2,578,539 | 0.16% | 18,860 | Up ×1 | |||
| IJH | $2,497,207 | 0.15% | 32,385 | $310,248 | |||
| BALL Ball Corporation Common Stock | $2,471,323 | 0.15% | 39,605 | $498,976 | Up ×2 | ||
| SLB SLB Limited Common Shares | $2,434,176 | 0.15% | 52,359 | $-869,611 | Down ×6 | ||
| TIP | $2,343,553 | 0.14% | 21,416 | $-16,275 | Up ×1 | ||
| OUNZ | $2,287,036 | 0.14% | 59,265 | $-1,463,151 | Down ×1 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $2,220,581 | 0.14% | 18,905 | $957,726 | Up ×3 | ||
| CB Chubb Limited Common Stock | $2,196,410 | 0.13% | 6,446 | Up ×1 | |||
| JNJ Johnson & Johnson Common Stock | $2,158,745 | 0.13% | 8,500 | $119,382 | Up ×3 | ||
| XLE XLE | $2,108,914 | 0.13% | 39,708 | $-582,371 | Down ×2 | ||
| ICE Intercontinental Exchange Inc. Common Stock | $2,071,203 | 0.13% | 16,824 | $-1,195,817 | Down ×1 | ||
| SOXX SOXX | $2,036,335 | 0.12% | 3,178 | $1,277,459 | Up ×1 | ||
| EFA | $2,003,462 | 0.12% | 19,286 | $124,850 | Down ×1 | ||
| WDAY Workday, Inc. - Class A Common Stock | $1,974,023 | 0.12% | 16,125 | $-1,816,003 | Down ×4 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| PANW | $59,242,335 | 3.64% | up ×6 |
| AAPL | $53,535,912 | 3.29% | up ×3 |
| AMZN | $42,353,018 | 2.60% | up ×6 |
| MSFT | $34,951,039 | 2.14% | up ×3 |
| META | $31,683,936 | 1.94% | up ×6 |
| COST | $28,288,707 | 1.74% | up ×6 |
| MS | $23,216,358 | 1.42% | up ×6 |
| DHI | $20,591,316 | 1.26% | up ×6 |
| CDNS | $19,776,737 | 1.21% | up ×6 |
| SHOP | $19,116,130 | 1.17% | up ×3 |
| TOL | $17,428,387 | 1.07% | up ×6 |
| AVGO | $17,382,166 | 1.07% | up ×3 |
| NFLX | $15,245,899 | 0.94% | up ×6 |
| WMT | $14,687,848 | 0.90% | up ×6 |
| IBDS | $14,357,931 | 0.88% | up ×6 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 438516205) | $6,183,446 | 27,617 | 0.38% |
| Unknown issuer (CUSIP: 43849R105) | $6,105,566 | 27,617 | 0.37% |
| CRWD | $3,113,611 | 4,080 | 0.19% |
| Unknown issuer (CUSIP: 30233Q108) | $2,578,539 | 18,860 | 0.16% |
| CB | $2,196,410 | 6,446 | 0.13% |
| IBCA | $1,079,462 | 42,150 | 0.07% |
| SPYG | $1,004,038 | 8,438 | 0.06% |
| CL | $730,690 | 7,970 | 0.04% |
| DLN | $663,163 | 6,885 | 0.04% |
| LIN | $516,864 | 996 | 0.03% |
| FYC | $445,181 | 3,496 | 0.03% |
| XSVM | $370,984 | 5,331 | 0.02% |
| EMR | $340,268 | 2,377 | 0.02% |
| PEG | $328,536 | 4,048 | 0.02% |
| KLAC | $322,830 | 1,070 | 0.02% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| PANW | Bought more | +3K | +$31.9M |
| AMD | Trimmed | -8K | +$24.6M |
| SMH | Trimmed | -2K | +$20.1M |
| GOOG | Bought more | +1 | +$16.9M |
| NVDA | Trimmed | -3K | +$14.3M |
| GOOGL | Bought more | +1K | +$13.2M |
| ASML | Trimmed | -207 | +$13.1M |
| CAT | Trimmed | -891 | +$12.2M |
| DELL | Bought more | +11K | +$11.9M |
| EXTR | Price move only | +0 | +$10.1M |
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.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| HON | June 30, 2026 | 51,035 | $11,535,454 | -1.9% |
| IBDQ | Dec. 31, 2025 | 256,578 | $6,463,200 | No longer tracked |
| XOM | June 30, 2026 | 19,813 | $3,361,474 | 21.7% |
| PNC | Sept. 30, 2025 | 9,577 | $1,785,344 | 21.4% |
| C | Sept. 30, 2025 | 14,667 | $1,248,455 | 29.8% |
| CCI | Dec. 31, 2025 | 10,830 | $1,045,021 | -14.5% |
| TTD | June 30, 2026 | 40,000 | $907,600 | -26.9% |
| A | June 30, 2025 | 7,553 | $883,550 | 32.6% |
| ZTS | March 31, 2026 | 6,712 | $844,504 | -35.2% |
| UNH | June 30, 2025 | 1,161 | $608,074 | 24.2% |
| KEYS | June 30, 2025 | 3,846 | $576,015 | 93.5% |
| NKE | June 30, 2026 | 9,038 | $477,387 | -1.2% |
| TRMB | June 30, 2025 | 7,200 | $472,680 | -21.7% |
| MRP | March 31, 2026 | 15,185 | $453,576 | 9.5% |
| BR | June 30, 2026 | 2,297 | $373,217 | 30.8% |
| ADBE | March 31, 2026 | 1,039 | $363,640 | 12.3% |
| BMY | June 30, 2026 | 5,595 | $339,337 | 14.6% |
| HPQ | June 30, 2025 | 12,130 | $335,880 | 21.2% |
| IWV | June 30, 2026 | 900 | $333,612 | No longer tracked |
| AKRE | March 31, 2026 | 4,950 | $324,275 | No longer tracked |
| TWLO | Dec. 31, 2025 | 3,203 | $320,588 | 52.8% |
| SOLS | March 31, 2026 | 6,363 | $309,115 | -25.0% |
| FLR | Sept. 30, 2025 | 6,000 | $307,620 | 25.7% |
| TFC | Sept. 30, 2025 | 7,143 | $307,078 | 10.9% |
| TEAM | March 31, 2026 | 1,794 | $290,879 | 149.5% |
| COHR | March 31, 2025 | 3,000 | $284,190 | 363.7% |
| QCOM | March 31, 2026 | 1,648 | $281,890 | 25.0% |
| DKNG | March 31, 2026 | 7,849 | $270,477 | 15.6% |
| SAP | March 31, 2026 | 1,087 | $264,043 | 25.9% |
| ITW | March 31, 2025 | 1,002 | $254,139 | 14.0% |
| CMG | Sept. 30, 2025 | 4,500 | $252,675 | -8.4% |
| TCOM | June 30, 2026 | 5,062 | $252,037 | 15.6% |
| IWD | March 31, 2025 | 1,320 | $244,372 | No longer tracked |
| CMA | Sept. 30, 2025 | 4,000 | $238,600 | No longer tracked |
| EPD | Dec. 31, 2025 | 7,589 | $237,308 | 20.1% |
| NVO | March 31, 2025 | 2,754 | $236,899 | -32.7% |
| TGT | Dec. 31, 2025 | 2,625 | $235,463 | 66.2% |
| BHP | June 30, 2025 | 4,784 | $232,215 | 100.3% |
| ACN | Sept. 30, 2025 | 772 | $230,743 | -26.0% |
| UPS | Sept. 30, 2025 | 2,253 | $227,418 | 23.7% |
| ANET | March 31, 2025 | 2,036 | $225,039 | 143.1% |
| SWK | June 30, 2025 | 2,888 | $222,029 | 47.0% |
| IQV | June 30, 2025 | 1,255 | $221,257 | 62.5% |
| FNDX | June 30, 2026 | 7,888 | $219,681 | No longer tracked |
| VUG | March 31, 2025 | 526 | $215,971 | No longer tracked |
| DJP | Sept. 30, 2025 | 6,350 | $215,773 | No longer tracked |
| ILMN | March 31, 2025 | 1,612 | $215,412 | 164.7% |
| RHI | Sept. 30, 2025 | 5,212 | $213,953 | 29.7% |
| DJP | June 30, 2026 | 4,370 | $210,372 | No longer tracked |
| LNG | Dec. 31, 2025 | 895 | $210,307 | 43.8% |
| FDX | June 30, 2025 | 842 | $205,263 | 44.9% |
| TEX | Dec. 31, 2025 | 4,000 | $205,200 | 22.8% |
| DAX | March 31, 2026 | 4,495 | $205,064 | |
| APP | March 31, 2026 | 304 | $204,841 | -24.5% |
| BKMS | June 30, 2026 | 8,019 | $204,605 | |
| ANSS | Sept. 30, 2025 | 575 | $201,952 | No longer tracked |
| HPE | June 30, 2025 | 12,301 | $189,804 | 162.0% |
| F | Sept. 30, 2025 | 12,607 | $136,786 | 20.0% |
| RUN | Sept. 30, 2025 | 12,400 | $101,432 | -45.5% |