Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +160.2%
S&P 500 total return (same window) +37.0%
Excess return +123.2%

Annualized: +115.0% · 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: 100.0% · Options excluded: 24.2%

Sector breakdown

04
Technology 89.6%
Communication Services 10.4%

Full portfolio 8 positions

05
Type Streak 8Q trend
LRCX Lam Research Corporation - Common Stock $207,238,339 19.02% 478,246 $105,056,299
SNDK Sandisk Corporation - Common Stock $191,768,662 17.60% 84,341 $148,176,714 Up ×1
NVDA NVIDIA Corporation - Common Stock $160,072,000 14.69% 800,000 Call option $20,552,000
NVDA NVIDIA Corporation - Common Stock $156,206,261 14.34% 780,680 $20,055,669
MU Micron Technology, Inc. - Common Stock $134,312,030 12.33% 116,359 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $113,213,029 10.39% 316,795 $41,490,676 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $96,600,949 8.87% 202,276 $28,241,775
ASML ASML Holding N.V. - New York Registry Shares $29,933,114 2.75% 15,046 $10,059,906

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
MU $134,312,030 116,359 12.33%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
SNDK Bought more +16K +$148.2M
LRCX Price move only +0 +$105.1M
GOOGL Bought more +67K +$41.5M
TSM Price move only +0 +$28.2M
NVDA Price move only +0 +$20.6M
NVDA Price move only +0 +$20.1M
ASML Price move only +0 +$10.1M

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 March 31, 2026 422,623 $97,549,841 20.8%
QBTS March 31, 2026 1,936,922 $50,650,510 No longer tracked
META Dec. 31, 2025 64,607 $47,446,089 10.3%
MSFT March 31, 2026 98,027 $47,407,818 39.8%
SNOW Sept. 30, 2025 210,285 $47,055,474 51.2%
NOW Sept. 30, 2025 36,923 $37,959,798 -27.0%
CRM June 30, 2025 101,776 $27,312,607 -13.9%
IONQ March 31, 2026 532,998 $23,915,620 51.8%