Totem Point Management, LLC

CIK 1759364 · View on SEC EDGAR ↗

Portfolio value
$163.5M
#7,119 of 9,443 by 13F value · top 75.4%
Positions
18
As of
June 30, 2026

Portfolio value QoQ: +108.6% 13F does not disclose cash

Top 10 holdings weight
85.69%
Top 25 holdings weight
100.00%
Positions above 1%
16
Effective number of positions
9.2

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

Turnover Q2 2026: 36.64% Est. buys $82,336,319 · sells $44,305,615

Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 45.0% still held

New positions
5
Increased
7
Decreased
6
Closed
4
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+103.8%
S&P 500 total return (same window)
+28.1%
Excess return
+75.7%

Annualized: +60.9% · 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: 100.0% · Options excluded: 0.0%

Sector breakdown

Technology
61.2%
Communications
4.8%
Financial Services
4.7%
Industrials
3.4%
Communication Services
1.5%
Other/Unmapped
24.5%

Full portfolio 18 positions

Type Streak 8Q trend
Unknown issuer (CUSIP: 15675D103) $39,990,613 24.46% 180,953 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $15,608,898 9.55% 32,684 $8,281,804 Up ×1
LRCX Lam Research Corporation - Common Stock $14,695,954 8.99% 33,914 $10,690,470 Up ×1
NVDA NVIDIA Corporation - Common Stock $13,577,707 8.31% 67,858 $207,505 Down ×1
AMD Advanced Micro Devices, Inc. - Common Stock $12,717,282 7.78% 21,892 $4,125,213 Down ×1
TER Teradyne, Inc. - Common Stock $10,659,963 6.52% 22,032 $4,562,670 Up ×1
MU Micron Technology, Inc. - Common Stock $9,003,462 5.51% 7,800 $8,257,511 Up ×1
LSCC Lattice Semiconductor Corporation - Common Stock $8,240,414 5.04% 53,873 $4,990,475 Up ×1
NOK Nokia Corporation Sponsored American Depositary Shares $7,820,897 4.78% 588,923 Up ×1
MRVL Marvell Technology, Inc. - Common Stock $7,756,758 4.75% 26,039 $3,324,568 Down ×1
SPGI S&P Global Inc. Common Stock $7,700,879 4.71% 18,909 $2,732,057 Up ×1
GEV GE Vernova Inc. Common Stock $4,393,976 2.69% 3,740 $3,769,852 Up ×1
AMKR Amkor Technology, Inc. - Common Stock $3,121,095 1.91% 36,195 Up ×1
ON ON Semiconductor Corporation - Common Stock $2,642,866 1.62% 27,955 $-5,758,873 Down ×1
WDC Western Digital Corporation - Common Stock $1,949,373 1.19% 3,052 Up ×1
SPOT Spotify Technology S.A. Ordinary Shares $1,719,901 1.05% 3,746 $-4,378,327 Down ×2
BE Bloom Energy Corporation Class A Common Stock $1,085,180 0.66% 3,585 Up ×1
TTWO Take-Two Interactive Software, Inc. - Common Stock $782,687 0.48% 3,131 $-3,863,303 Down ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Unknown issuer (CUSIP: 15675D103) $39,990,613 180,953 24.46%
NOK $7,820,897 588,923 4.78%
AMKR $3,121,095 36,195 1.91%
WDC $1,949,373 3,052 1.19%
BE $1,085,180 3,585 0.66%

Top movers (QoQ)

Security Action Shares Δ Value Δ
LRCX Bought more +15K +$10.7M
TSM Bought more +11K +$8.3M
ON Trimmed -108K -$5.8M
LSCC Bought more +19K +$5.0M
TER Bought more +1K +$4.6M
SPOT Trimmed -9K -$4.4M
AMD Trimmed -20K +$4.1M
MRVL Trimmed -19K +$3.3M
SPGI Bought more +7K +$2.7M
NVDA Trimmed -9K +$208K

3 positions hidden (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.

SecurityQuarter Shares before Value before Price since exit
RBLX Dec. 31, 2025 61,766 $8,555,826 -53.3%
BILL March 31, 2026 155,100 $8,459,154 23.9%
SE Dec. 31, 2025 43,978 $7,860,188 -7.9%
MRVL March 31, 2025 58,052 $6,411,843 295.1%
MMYT Dec. 31, 2025 46,989 $4,398,170 -23.3%
SNDK Dec. 31, 2025 37,835 $4,245,087 561.9%
BKNG March 31, 2026 784 $4,198,579 26.3%
PEGA March 31, 2025 40,252 $3,751,486 -3.3%
TSLA March 31, 2025 7,612 $3,074,030 33.2%
AMD Dec. 31, 2025 17,019 $2,753,504 117.6%
ADI March 31, 2025 12,847 $2,729,474 85.2%
NOW March 31, 2025 2,481 $2,630,158 -18.6%
HPE June 30, 2026 106,124 $2,526,812 17.1%
CME June 30, 2026 7,503 $2,216,011 21.9%
GRMN June 30, 2025 10,073 $2,187,150 40.9%
MCO March 31, 2026 3,953 $2,019,390 14.5%
APP March 31, 2026 2,457 $1,655,576 -20.5%
DDOG Sept. 30, 2025 12,054 $1,619,214 63.4%
CHTR June 30, 2025 3,905 $1,439,110 -62.6%
AVGO March 31, 2026 4,143 $1,433,892 17.7%
RDDT March 31, 2025 7,786 $1,272,544 41.4%
FWONK June 30, 2026 9,179 $780,399 9.9%
TEAM June 30, 2025 2,575 $546,441 -13.5%
NBIS June 30, 2026 2,819 $292,499 -21.8%