Sphera Management Technology Funds Ltd

CIK 2030525 · View on SEC EDGAR ↗

Portfolio value QoQ: +61.1% 13F does not disclose cash

Top 10 holdings weight42.30%

Top 25 holdings weight64.35%

Positions above 1%35

Effective number of positions39.5

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

Turnover Q2 2026: 17.29% Est. buys $92,355,708 · sells $40,115,757

Median holding: 2.0 quarters Tracked Q1 2025–Q2 2026 · 57.0% still held

New positions39

Increased24

Decreased14

Closed6

Put-notional exposure: 0.4% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

Portfolio value $286.3M #5,385 of 9,337 by 13F value · top 57.7%

Positions 86

As of June 30, 2026 Data as of Q2 2026

Performance vs S&P 500

Tracked Q1 2025–Q2 2026 +67.4%

S&P 500 total return (same window) +37.0%

Excess return +30.4%

Annualized: +51.1% · 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.

Priceable coverage: 92.5% · Options excluded: 25.2%

Sector breakdown

Technology 57.2%

Communication Services 13.7%

Retail 7.1%

Consumer Discretionary 3.9%

Industrials 3.3%

Financials 1.0%

Real Estate 0.4%

Health Care 0.2%

Consumer products 0.2%

Other/Unmapped 13.0%

Full portfolio 86 positions

				Type		Streak
AMD Advanced Micro Devices, Inc. - Common Stock	$17,897,837	6.25%	30,810		$9,730,122	Down ×1
GOOG Alphabet Inc. - Class C Capital Stock	$14,645,529	5.12%	41,450		$5,804,504	Up ×3
AMZN Amazon.com, Inc. - Common Stock	$14,586,408	5.10%	61,200		$1,819,457	Down ×1
MSFT Microsoft Corporation - Common Stock	$13,633,881	4.76%	36,550		$2,528,781	Up ×3
AVGO Broadcom Inc. - Common Stock	$12,975,713	4.53%	34,350		$4,383,715	Up ×2
META Meta Platforms, Inc. - Class A Common Stock	$12,144,532	4.24%	21,560		$1,846,192	Up ×1
TSLA Tesla, Inc. - Common Stock	$10,691,652	3.74%	25,420		$1,929,504	Up ×4
NVDA NVIDIA Corporation - Common Stock	$9,980,489	3.49%	49,880		$-916,023	Down ×1
INTC Intel Corporation - Common Stock	$9,292,377	3.25%	66,550		$3,468,100	Down ×3
NVMI Nova Ltd. - Ordinary Shares	$5,239,371	1.83%	9,650		$2,633,691	Up ×1
ORCL Oracle Corporation Common Stock	$5,058,906	1.77%	34,520		$1,675,376	Up ×2
PANW Palo Alto Networks, Inc. - Common Stock	$4,876,586	1.70%	14,300		$1,269,386	Down ×1
ENPH Enphase Energy, Inc. - Common Stock	$4,693,557	1.64%	95,320		$2,803,057	Up ×1
NOW ServiceNow, Inc. Common Stock	$4,634,390	1.62%	46,680		$943,775	Up ×2
SNOW Snowflake Inc. Common Stock	$4,612,813	1.61%	18,125		$2,275,103	Up ×2
AMAT Applied Materials, Inc. - Common Stock	$4,338,000	1.52%	6,000		$1,569,501	Down ×2
MDB MongoDB, Inc. - Class A Common Stock	$4,311,277	1.51%	12,835		$1,863,577	Up ×2
TXN Texas Instruments Incorporated - Common Stock	$4,232,594	1.48%	14,200		$1,664,122	Up ×1
CSCO Cisco Systems, Inc. - Common Stock	$4,058,243	1.42%	34,550			Up ×1
TWLO Twilio Inc. Class A Common Stock	$3,848,055	1.34%	18,650		$702,555	Down ×1
GNRC Generac Holdlings Inc. Common Stock	$3,777,249	1.32%	12,900		$1,257,492
SMWB Similarweb Ltd. Ordinary Shares	$3,769,950	1.32%	615,000		$2,164,800
ADI Analog Devices, Inc. - Common Stock	$3,755,242	1.31%	9,455		$503,851	Down ×1
CAMT Camtek Ltd. - Ordinary Shares	$3,572,491	1.25%	21,901		$330,918	Up ×1
NTNX Nutanix, Inc. - Class A Common Stock	$3,567,200	1.25%	70,000			Up ×1
DELL Dell Technologies Inc. Class C Common Stock	$3,486,197	1.22%	8,080
LRCX Lam Research Corporation - Common Stock	$3,466,640	1.21%	8,000			Up ×1
UBER Uber Technologies, Inc. Common Stock	$3,348,224	1.17%	46,400		$489,006	Up ×2
ALGM Allegro MicroSystems, Inc. - Common Stock	$3,310,431	1.16%	47,550		$1,508,491	Down ×1
SMTC Semtech Corporation - Common Stock	$3,097,809	1.08%	19,140		$1,982,904	Up ×1
CLBT Cellebrite DI Ltd. - Ordinary Shares	$3,092,280	1.08%	211,800		$957,069	Up ×2
NOK Nokia Corporation Sponsored American Depositary Shares	$3,081,624	1.08%	232,050		$1,071,624	Down ×2
MNDY monday.com Ltd. - Ordinary Shares	$3,058,478	1.07%	42,250		$2,021,828	Up ×1
Unknown issuer (CUSIP: 23804LAD5)	$2,910,467	1.02%	2,050,000			Up ×1
NFLX Netflix, Inc. - Common Stock	$2,877,420	1.01%	40,300		$-516,675	Up ×1
GLBE Global-E Online Ltd. - ordinary shares	$2,840,914	0.99%	81,800
WMT Walmart Inc. - Common Stock	$2,831,500	0.99%	25,000		$843,020	Up ×1
Unknown issuer (CUSIP: 18915MAF4)	$2,790,722	0.97%	2,200,000			Up ×1
DDOG Datadog, Inc. - Class A Common Stock	$2,651,767	0.93%	10,185			Up ×1
WIX Wix.com Ltd. - Ordinary Shares	$2,552,063	0.89%	56,250		$750,663	Up ×1
RBRK Rubrik, Inc. Class A Common Stock	$2,467,004	0.86%	30,730		$1,105,638	Up ×2
Unknown issuer (CUSIP: 15675D103)	$2,431,000	0.85%	11,000			Up ×1
Unknown issuer (CUSIP: 67059NAK4)	$2,365,532	0.83%	2,400,000			Up ×1
ON ON Semiconductor Corporation - Common Stock	$2,304,413	0.81%	24,375		$600,065	Down ×1
Unknown issuer (CUSIP: 29355AAK3)	$2,057,638	0.72%	2,200,000			Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd.	$2,053,551	0.72%	4,300		$-650,049	Down ×2
Unknown issuer (CUSIP: 91332UAH4)	$2,040,102	0.71%	1,800,000		$539,547	Up ×1
Unknown issuer (CUSIP: 82982TAA4)	$1,997,100	0.70%	1,800,000			Up ×1
VICR Vicor Corporation - Common Stock	$1,898,900	0.66%	5,000			Up ×1
Unknown issuer (CUSIP: 595017BG8)	$1,819,561	0.64%	1,650,000			Up ×1
Unknown issuer (CUSIP: 00827BAD8)	$1,745,254	0.61%	1,500,000			Up ×1
STM STMicroelectronics N.V. Common Stock	$1,741,193	0.61%	23,250			Up ×1
IBKR Interactive Brokers Group, Inc. - Class A Common Stock	$1,740,800	0.61%	20,000			Up ×1
Unknown issuer (CUSIP: 90353TAS9)	$1,620,248	0.57%	1,400,000			Up ×1
RMBS Rambus, Inc. - Common Stock	$1,586,243	0.55%	11,950			Up ×1
CRM Salesforce, Inc. Common Stock	$1,538,401	0.54%	9,820		$511,716	Up ×1
Unknown issuer (CUSIP: 40171VAC4)	$1,495,934	0.52%	1,550,000			Up ×1
ONTO Onto Innovation Inc. Common Stock	$1,475,955	0.52%	3,900			Up ×1
Unknown issuer (CUSIP: 343412AJ1)	$1,460,040	0.51%	1,100,000			Up ×1
Unknown issuer (CUSIP: 781154AD1)	$1,275,400	0.45%	1,250,000			Up ×1
LSCC Lattice Semiconductor Corporation - Common Stock	$1,238,976	0.43%	8,100		$98,028	Down ×4
COMP Compass, Inc. Class A Common Stock	$1,233,000	0.43%	100,000		$502,000
Unknown issuer (CUSIP: 90353TAM2)	$1,199,965	0.42%	1,000,000			Up ×1
TTD The Trade Desk, Inc. - Class A Common Stock	$1,185,144	0.41%	65,550		$277,544	Up ×1
AAOI Applied Optoelectronics, Inc. - Common Stock	$1,124,534	0.39%	7,590		$482,496
COIN Coinbase Global, Inc. - 3Class A Common Stock	$1,081,806	0.38%	7,400		$-210,308
RTAC Renatus Tactical Acquisition Corp I - Class A Ordinary Shares	$1,048,000	0.37%	100,000		$20,000
Unknown issuer (CUSIP: 008073AA6)	$1,034,803	0.36%	1,100,000			Up ×1
Unknown issuer (CUSIP: 25809KAB1)	$1,032,129	0.36%	1,050,000			Up ×1
CCXI Churchill Capital Corp XI - Class A Ordinary Shares	$872,500	0.30%	50,000			Up ×1
Unknown issuer (CUSIP: 86771WAD7)	$841,458	0.29%	700,000
Unknown issuer (CUSIP: 29786AAQ9)	$814,553	0.28%	700,000			Up ×1
Unknown issuer (CUSIP: 833445AD1)	$795,024	0.28%	450,000
Unknown issuer (CUSIP: 34379VAB9)	$704,769	0.25%	550,000			Up ×1
Unknown issuer (CUSIP: 83417MAE4)	$677,879	0.24%	350,000		$-4,504,336	Down ×2
Unknown issuer (CUSIP: 00971TAN1)	$658,795	0.23%	550,000
HIMS Hims & Hers Health, Inc. Class A Common Stock	$589,390	0.21%	17,000	Put option		Up ×1
ODD ODDITY Tech Ltd. - Class A Ordinary Shares	$529,550	0.18%	35,000		$61,250
SERV Serve Robotics Inc. - Common Stock	$526,400	0.18%	80,000		$-148,800
Unknown issuer (CUSIP: 23248VAD7)	$500,073	0.17%	300,000			Up ×1
SEDG SolarEdge Technologies, Inc. - Common Stock	$426,612	0.15%	7,300	Put option		Up ×1
Unknown issuer (CUSIP: 682189AU9)	$423,154	0.15%	350,000
Unknown issuer (CUSIP: 19260QAF4)	$405,053	0.14%	450,000			Up ×1
SPWR SunPower Inc. - Common Stock	$297,945	0.10%	433,500		$-252,600
Unknown issuer (CUSIP: 47775AAA9)	$182,655	0.06%	200,000			Up ×1
JOBY Joby Aviation, Inc. Common Stock	$125,772	0.04%	14,100	Put option		Up ×1
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
GOOG	$14,645,529	5.12%	up ×3
MSFT	$13,633,881	4.76%	up ×3
TSLA	$10,691,652	3.74%	up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
CSCO	$4,058,243	34,550	1.42%
NTNX	$3,567,200	70,000	1.25%
DELL	$3,486,197	8,080	1.22%
LRCX	$3,466,640	8,000	1.21%
Unknown issuer (CUSIP: 23804LAD5)	$2,910,467	2,050,000	1.02%
GLBE	$2,840,914	81,800	0.99%
Unknown issuer (CUSIP: 18915MAF4)	$2,790,722	2,200,000	0.97%
DDOG	$2,651,767	10,185	0.93%
Unknown issuer (CUSIP: 15675D103)	$2,431,000	11,000	0.85%
Unknown issuer (CUSIP: 67059NAK4)	$2,365,532	2,400,000	0.83%
Unknown issuer (CUSIP: 29355AAK3)	$2,057,638	2,200,000	0.72%
Unknown issuer (CUSIP: 82982TAA4)	$1,997,100	1,800,000	0.70%
VICR	$1,898,900	5,000	0.66%
Unknown issuer (CUSIP: 595017BG8)	$1,819,561	1,650,000	0.64%
Unknown issuer (CUSIP: 00827BAD8)	$1,745,254	1,500,000	0.61%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
AMD	Trimmed	-9K	+$9.7M
GOOG	Bought more	+11K	+$5.8M
AVGO	Bought more	+7K	+$4.4M
INTC	Trimmed	-65K	+$3.5M
ENPH	Bought more	+45K	+$2.8M
NVMI	Bought more	+4K	+$2.6M
MSFT	Bought more	+7K	+$2.5M
SNOW	Bought more	+3K	+$2.3M
SMWB	Price move only	+0	+$2.2M
MNDY	Bought more	+27K	+$2.0M

1 position 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.

Security	Quarter	Shares before	Value before	Price since exit
QQQ	March 31, 2026	155,000	$95,218,050	29.0%
SMH	June 30, 2025	35,000	$7,401,450	126.8%
NICE	March 31, 2026	55,000	$6,217,200	4.6%
U	March 31, 2026	100,000	$4,417,000	104.9%
CHKP	Dec. 31, 2025	15,000	$3,103,650	-28.9%
AAPL	Sept. 30, 2025	14,810	$3,038,568	31.0%
NFLX	Dec. 31, 2025	2,500	$2,997,300	-26.7%
KLAC	June 30, 2026	2,000	$2,944,820	-34.6%
NVMI	Sept. 30, 2025	10,326	$2,841,715	23.4%
SPY	June 30, 2025	5,000	$2,796,950	No longer tracked
MRVL	March 31, 2026	28,800	$2,447,424	189.8%
GOOG	June 30, 2025	15,300	$2,390,319	94.3%
IBM	Dec. 31, 2025	8,000	$2,257,280	-25.3%
MU	Sept. 30, 2025	17,265	$2,127,911	524.9%
CYBR	Sept. 30, 2025	5,000	$2,034,400	No longer tracked
FROG	March 31, 2026	32,300	$2,017,458	109.9%
ANET	June 30, 2026	15,500	$1,903,090	26.8%
MNDY	Sept. 30, 2025	6,000	$1,886,880	-56.5%
TEAM	Sept. 30, 2025	8,755	$1,778,053	21.5%
HUT	Dec. 31, 2025	45,000	$1,566,450	100.7%
QCOM	June 30, 2025	10,000	$1,536,100	13.7%
COHR	March 31, 2026	8,000	$1,476,560	42.0%
TTMI	June 30, 2026	15,000	$1,461,300	-29.0%
ADSK	June 30, 2025	5,500	$1,439,900	-25.3%
IREN	Dec. 31, 2025	30,000	$1,407,900	9.3%
HUBS	Sept. 30, 2025	2,500	$1,391,575	-53.6%
NET	Dec. 31, 2025	6,000	$1,287,540	80.1%
AVAV	Dec. 31, 2025	3,900	$1,228,071	-40.7%
HPE	Dec. 31, 2025	50,000	$1,228,000	193.4%
DELL	Sept. 30, 2025	10,000	$1,226,000	304.9%
ZETA	March 31, 2026	60,000	$1,221,000	107.0%
ESTC	Sept. 30, 2025	14,350	$1,210,136	12.0%
KWEB	Sept. 30, 2025	35,000	$1,201,550
SANM	March 31, 2026	8,000	$1,200,560	75.9%
CIEN	March 31, 2026	5,000	$1,169,350	14.3%
VRNS	March 31, 2026	35,000	$1,148,000	128.6%
WDAY	March 31, 2026	5,300	$1,138,334	43.6%
CEVA	Dec. 31, 2025	43,000	$1,135,630	68.1%
GTLB	Sept. 30, 2025	25,000	$1,127,750	14.5%
NBIS	Sept. 30, 2025	20,000	$1,106,600	122.6%
XYZ	Sept. 30, 2025	15,800	$1,073,294	5.9%
GLBE	June 30, 2025	30,000	$1,069,500	15.4%
PAYO	March 31, 2026	180,000	$1,011,600	48.0%
SEI	March 31, 2026	20,000	$919,400	41.0%
SEDG	March 31, 2026	30,000	$865,500	-33.3%
OSCR	March 31, 2026	60,000	$862,200	182.0%
ETOR	Dec. 31, 2025	20,000	$825,400	-24.9%
FSLR	June 30, 2026	4,000	$789,040	-23.8%
ZM	Sept. 30, 2025	10,000	$779,800	14.2%
PERI	Dec. 31, 2025	80,000	$768,000	-10.8%
CPNG	June 30, 2025	35,000	$767,550	-51.9%
CRWV	June 30, 2026	9,300	$720,471	-7.9%
TTD	Sept. 30, 2025	10,000	$719,900	-75.7%
NNDM	Dec. 31, 2025	431,947	$678,157	1.9%
KRNT	Dec. 31, 2025	47,520	$641,520	26.2%
HIPO	June 30, 2025	25,000	$639,000	16.3%
FOUR	Dec. 31, 2025	8,000	$619,200	-38.9%
VLN	Dec. 31, 2025	335,339	$600,257	32.4%
PCTY	Sept. 30, 2025	3,230	$585,244	-8.2%
PAYC	Sept. 30, 2025	2,335	$540,319	6.9%
TBLA	June 30, 2025	180,000	$531,000	-11.7%
S	June 30, 2026	40,000	$515,200	52.0%
WDC	June 30, 2025	12,000	$485,160	542.4%
SERV	June 30, 2025	15,000	$86,250	-58.3%
SHLT	June 30, 2025	32,642	$67,667	No longer tracked