ONCE CAPITAL MANAGEMENT, LLC

CIK 1712892 · View on SEC EDGAR ↗

Portfolio value
$1.2B
#2,132 of 9,443 by 13F value · top 22.6%
Positions
24
As of
June 30, 2026

Portfolio value QoQ: +226.1% 13F does not disclose cash

Top 10 holdings weight
94.25%
Top 25 holdings weight
100.00%
Positions above 1%
13
Effective number of positions
2.9

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 3.47% Est. buys $725,968,008 · sells $27,619,517

Median holding: 3.5 quarters Tracked Q4 2024–Q2 2026 · 60.0% still held

New positions
3
Increased
5
Decreased
2
Closed
1
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+85.0%
S&P 500 total return (same window)
+28.1%
Excess return
+56.9%

Annualized: +50.8% · 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: 96.1% · Options excluded: 19.6%

Sector breakdown

Technology
23.7%
Industrials
7.4%
Telecommunication
6.0%
Communication Services
1.5%
Retail
1.4%
Consumer Discretionary
1.1%
Energy
0.2%
Other/Unmapped
58.7%

Full portfolio 24 positions

Type Streak 8Q trend
Unknown issuer (CUSIP: 67066G904) $698,574,217 57.33% 3,491,300 Call option Up ×1
NVDA NVIDIA Corporation - Common Stock $112,450,580 9.23% 562,000 $14,437,780
AMD Advanced Micro Devices, Inc. - Common Stock $72,788,023 5.97% 125,300 $47,298,244
ASTS AST SpaceMobile, Inc. - Class A Common Stock $72,554,190 5.95% 816,500 $7,045,455 Up ×1
RKLB Rocket Lab Corporation - Common Stock $65,564,250 5.38% 645,000 $25,876,290 Up ×2
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $38,920,140 3.19% 51,000 $19,009,230
MRVL Marvell Technology, Inc. - Common Stock $28,805,963 2.36% 96,700 $12,264,613 Down ×2
AAPL Apple Inc. - Common Stock $23,409,224 1.92% 80,900 $2,877,613
SPOT Spotify Technology S.A. Ordinary Shares $18,411,113 1.51% 40,100 $-1,033,778
AMZN Amazon.com, Inc. - Common Stock $16,874,472 1.38% 70,800 $2,128,956
TSLA Tesla, Inc. - Common Stock $13,459,200 1.10% 32,000 $1,563,200
PL Planet Labs PBC Class A Common Stock $13,185,740 1.08% 398,000 $10,250,990 Up ×1
MSFT Microsoft Corporation - Common Stock $12,384,264 1.02% 33,200 $94,620
Unknown issuer (CUSIP: 72703X906) $9,939,000 0.82% 300,000 Call option Up ×1
SMR NuScale Power Corporation Class A Common Stock $6,820,400 0.56% 680,000 $716,396 Up ×3
GBTC $4,902,504 0.40% 107,700 $-779,748
LEU Centrus Energy Corp. Class A Common Stock $2,350,180 0.19% 14,000 $-80,080
SYM Symbotic Inc. - Class A Common Stock $2,247,500 0.18% 50,000 $119,500 Up ×3
UUUU $1,595,000 0.13% 110,000 $-412,500
NOVT Novanta Inc. - Common Shares $1,070,784 0.09% 6,600 Up ×1
LUNR Intuitive Machines, Inc. - Class A Common Stock $1,069,500 0.09% 50,000 $-3,384,900 Down ×1
BTC $558,963 0.05% 21,540 $-87,022
BWXT BWX Technologies, Inc. Common Stock $486,625 0.04% 2,500 $-24,600
RR Richtech Robotics Inc. - Class B Common Stock $42,200 0.00% 20,000 $400

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
SMR $6,820,400 0.56% up ×3
SYM $2,247,500 0.18% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Unknown issuer (CUSIP: 67066G904) $698,574,217 3,491,300 57.33%
Unknown issuer (CUSIP: 72703X906) $9,939,000 300,000 0.82%
NOVT $1,070,784 6,600 0.09%

Top movers (QoQ)

Security Action Shares Δ Value Δ
AMD Price move only +0 +$47.3M
RKLB Bought more +27K +$25.9M
CRWD Price move only +0 +$19.0M
NVDA Price move only +0 +$14.4M
MRVL Trimmed -70K +$12.3M
PL Bought more +293K +$10.3M
ASTS Bought more +26K +$7.0M
LUNR Trimmed -190K -$3.4M
AAPL Price move only +0 +$2.9M
AMZN Price move only +0 +$2.1M

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.

SecurityQuarter Shares before Value before Price since exit
SPY March 31, 2025 426,000 $249,670,080 No longer tracked
SNOW March 31, 2026 76,900 $16,868,784 112.7%
RKLBXXXX June 30, 2025 486,000 $8,689,680 No longer tracked
PINS March 31, 2025 206,700 $5,994,300 -24.6%
QLD June 30, 2025 43,000 $3,821,840 No longer tracked
NOW June 30, 2026 25,000 $2,613,750 30.5%
AVAV Dec. 31, 2025 400 $125,956 -31.2%
PL Dec. 31, 2025 9,000 $116,820 12.4%
NVT Dec. 31, 2025 1,000 $98,640 51.9%
AMSC Dec. 31, 2025 1,600 $95,024 8.0%
ASPI Dec. 31, 2025 9,600 $92,352 -25.3%
TEM Dec. 31, 2025 1,100 $88,781 12.4%
CRDO Dec. 31, 2025 600 $87,366 60.4%