Value Aligned Research Advisors, LLC
CIK 1963565 · View on SEC EDGAR ↗
- Portfolio value
- $40.1B
- Positions
- 123
- As of
- June 30, 2026
#164 of 9,443 by 13F value · top 1.7%
Portfolio value QoQ: +93.7% 13F does not disclose cash
- Top 10 holdings weight
- 53.58%
- Top 25 holdings weight
- 76.45%
- Positions above 1%
- 24
- Effective number of positions
- 21.2
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 13.72% Est. buys $13,604,302,747 · sells $4,173,317,834
Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 79.9% still held
- New positions
- 26
- Increased
- 49
- Decreased
- 23
- Closed
- 2
Put-notional exposure: 7.3% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
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: +137.0% · 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: 99.9% · Options excluded: 52.6%
Sector breakdown
Technology
58.3%
Communication Services
12.6%
Industrials
12.2%
Retail
11.8%
Communications
2.2%
Energy
0.8%
Materials
0.5%
Utilities
0.2%
Real Estate
0.0%
Other/Unmapped
1.3%
Full portfolio 123 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| GOOGL Alphabet Inc. - Class A Common Stock | $4,657,996,317 | 11.61% | 13,034,100 | Call option | $2,355,934,737 | Up ×6 | |
| AMZN Amazon.com, Inc. - Common Stock | $4,354,543,302 | 10.86% | 18,270,300 | Call option | $2,291,441,509 | Up ×6 | |
| NVDA NVIDIA Corporation - Common Stock | $4,035,595,201 | 10.06% | 20,168,900 | Call option | $995,053,281 | Up ×6 | |
| BE Bloom Energy Corporation Class A Common Stock | $1,690,633,683 | 4.21% | 5,585,179 | $1,069,448,480 | Up ×6 | ||
| NBIS Nebius Group N.V. - Class A Ordinary Shares | $1,685,775,097 | 4.20% | 6,104,121 | $1,082,571,525 | Up ×3 | ||
| MU Micron Technology, Inc. - Common Stock | $1,159,715,163 | 2.89% | 1,004,700 | Call option | $916,943,339 | Up ×1 | |
| CRWV CoreWeave, Inc. - Class A Common Stock | $1,083,603,389 | 2.70% | 10,886,110 | $442,092,679 | Up ×3 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $1,048,122,879 | 2.61% | 2,194,700 | Call option | $117,814,119 | Down ×1 | |
| NVDA NVIDIA Corporation - Common Stock | $891,500,995 | 2.22% | 4,455,500 | Put option | $716,856,835 | Up ×1 | |
| INTC Intel Corporation - Common Stock | $886,050,091 | 2.21% | 6,345,700 | $863,820,001 | Up ×1 | ||
| INTC Intel Corporation - Common Stock | $880,744,151 | 2.20% | 6,307,700 | Call option | $322,349,609 | Down ×1 | |
| MU Micron Technology, Inc. - Common Stock | $846,102,650 | 2.11% | 733,007 | $772,180,555 | Up ×1 | ||
| SNDK Sandisk Corporation - Common Stock | $708,908,087 | 1.77% | 311,782 | $642,070,954 | Up ×1 | ||
| STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) | $684,529,505 | 1.71% | 709,357 | $326,203,479 | Down ×1 | ||
| ASML ASML Holding N.V. - New York Registry Shares | $637,814,464 | 1.59% | 320,600 | Call option | $362,157,243 | Up ×1 | |
| WDC Western Digital Corporation - Common Stock | $631,329,371 | 1.57% | 988,429 | $280,926,076 | Down ×1 | ||
| LITE Lumentum Holdings Inc. - Common Stock | $630,405,527 | 1.57% | 734,687 | $-112,594,511 | Down ×2 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $621,796,140 | 1.55% | 1,302,000 | Put option | $-13,989,195 | Down ×1 | |
| CRWV CoreWeave, Inc. - Class A Common Stock | $575,311,338 | 1.43% | 5,779,700 | Call option | $458,835,193 | Up ×2 | |
| CLS Celestica, Inc. Common Stock | $575,071,450 | 1.43% | 1,576,402 | $154,947,420 | Up ×2 | ||
| AVGO Broadcom Inc. - Common Stock | $546,113,175 | 1.36% | 1,445,700 | Put option | $456,355,275 | Up ×1 | |
| FIX Comfort Systems USA, Inc. Common Stock | $482,816,894 | 1.20% | 243,607 | $188,213,607 | Up ×3 | ||
| VRT Vertiv Holdings, LLC Class A Common Stock | $481,406,540 | 1.20% | 1,437,807 | $-4,685,834 | Down ×3 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $481,142,224 | 1.20% | 1,007,480 | $480,912,418 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $387,437,162 | 0.97% | 1,625,565 | $386,412,057 | Up ×1 | ||
| IREN IREN Limited - Ordinary Shares | $387,210,864 | 0.97% | 8,467,327 | $223,777,296 | Up ×2 | ||
| FTAI FTAI Aviation Ltd. - Common Stock | $376,918,357 | 0.94% | 1,393,259 | $114,549,817 | Up ×1 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $356,097,830 | 0.89% | 613,000 | Put option | Up ×1 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $352,844,734 | 0.88% | 607,400 | Call option | $197,627,644 | Down ×1 | |
| MSFT Microsoft Corporation - Common Stock | $349,109,418 | 0.87% | 935,900 | Call option | $181,311,357 | Up ×5 | |
| ORCL Oracle Corporation Common Stock | $307,681,725 | 0.77% | 2,099,500 | Call option | $-26,949,392 | Down ×1 | |
| VRT Vertiv Holdings, LLC Class A Common Stock | $305,021,020 | 0.76% | 911,000 | Call option | $180,557,934 | Up ×3 | |
| WULF TeraWulf Inc. - Common Stock | $302,899,435 | 0.76% | 12,263,135 | $189,649,447 | Up ×1 | ||
| EME EMCOR Group, Inc. Common Stock | $290,424,805 | 0.72% | 349,960 | $125,397,015 | Up ×3 | ||
| ALAB Astera Labs, Inc. - Common Stock | $274,507,994 | 0.68% | 568,316 | $212,220,560 | |||
| CIFR Cipher Mining Inc. - Common Stock | $272,572,129 | 0.68% | 11,125,393 | $130,981,460 | Up ×3 | ||
| AVGO Broadcom Inc. - Common Stock | $247,426,250 | 0.62% | 655,000 | Call option | $-36,332,518 | Down ×1 | |
| EQT EQT Corporation Common Stock | $245,373,914 | 0.61% | 4,614,894 | $-21,149,642 | Up ×5 | ||
| Unknown issuer (CUSIP: 15675D103) | $241,933,562 | 0.60% | 1,094,722 | Up ×1 | |||
| AAOI Applied Optoelectronics, Inc. - Common Stock | $236,333,572 | 0.59% | 1,595,124 | $129,078,697 | Up ×1 | ||
| CORZ Core Scientific, Inc. - Common Stock | $235,115,725 | 0.59% | 9,187,797 | $119,640,053 | Up ×1 | ||
| NBIS Nebius Group N.V. - Class A Ordinary Shares | $231,292,375 | 0.58% | 837,500 | Call option | $186,883,095 | Up ×2 | |
| ZM Zoom Communications, Inc. - Class A Common Stock | $224,466,417 | 0.56% | 2,600,700 | Call option | $135,900,754 | Up ×1 | |
| APLD Applied Digital Corporation - Common Stock | $206,866,919 | 0.52% | 5,546,030 | $48,561,216 | Down ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $201,020,478 | 0.50% | 538,900 | Put option | Up ×1 | ||
| SATS EchoStar Corporation - Common stock | $193,409,773 | 0.48% | 1,905,515 | Up ×1 | |||
| FPS Forgent Power Solutions, Inc. Class A Common Stock | $176,440,625 | 0.44% | 3,158,622 | Up ×1 | |||
| SNDK Sandisk Corporation - Common Stock | $171,211,869 | 0.43% | 75,300 | Call option | $135,569,295 | Up ×1 | |
| HUT Hut 8 Corp. - Common Stock | $166,280,282 | 0.41% | 1,440,342 | $31,059,111 | Down ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $160,225,869 | 0.40% | 800,769 | $11,341,287 | Down ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $153,975,055 | 0.38% | 407,611 | $138,836,611 | Up ×1 | ||
| ASML ASML Holding N.V. - New York Registry Shares | $140,351,013 | 0.35% | 70,548 | $47,169,098 | |||
| ACMR ACM Research, Inc. - Class A Common Stock | $133,735,589 | 0.33% | 1,053,949 | $96,119,862 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $132,334,826 | 0.33% | 370,302 | $129,027,311 | Up ×1 | ||
| COHR Coherent Corp. Common Stock | $125,911,274 | 0.31% | 319,191 | $-180,236,218 | Down ×2 | ||
| FCX Freeport-McMoRan, Inc. Common Stock | $121,692,150 | 0.30% | 1,935,000 | Call option | $19,279,756 | Up ×1 | |
| AMAT Applied Materials, Inc. - Common Stock | $109,534,500 | 0.27% | 151,500 | Call option | $57,753,315 | ||
| Unknown issuer (CUSIP: 84615Q103) | $100,760,072 | 0.25% | 589,723 | Up ×1 | |||
| CRDO Credo Technology Group Holding Ltd - Ordinary Shares | $91,918,556 | 0.23% | 337,998 | ||||
| AMD Advanced Micro Devices, Inc. - Common Stock | $90,389,596 | 0.23% | 155,600 | ||||
| RIOT Riot Platforms, Inc. - Common Stock | $90,095,095 | 0.22% | 3,290,544 | $26,108,389 | Down ×2 | ||
| BTDR Bitdeer Technologies Group - Ordinary Shares | $82,583,735 | 0.21% | 5,203,764 | $47,583,993 | Up ×4 | ||
| LRCX Lam Research Corporation - Common Stock | $80,036,051 | 0.20% | 184,700 | Call option | $35,893,895 | Down ×1 | |
| FCX Freeport-McMoRan, Inc. Common Stock | $80,008,658 | 0.20% | 1,272,200 | Put option | Up ×1 | ||
| EQT EQT Corporation Common Stock | $73,635,133 | 0.18% | 1,384,900 | Call option | $-9,644,171 | Up ×3 | |
| WULF TeraWulf Inc. - Common Stock | $68,028,740 | 0.17% | 2,754,200 | Call option | $50,323,130 | Up ×1 | |
| Unknown issuer (CUSIP: 31556C106) | $63,154,543 | 0.16% | 2,160,607 | Up ×1 | |||
| STRL Sterling Infrastructure, Inc. - Common Stock | $61,575,450 | 0.15% | 73,360 | $25,136,189 | Down ×1 | ||
| IREN IREN Limited - Ordinary Shares | $61,461,120 | 0.15% | 1,344,000 | Call option | $40,128,676 | Up ×1 | |
| ORCL Oracle Corporation Common Stock | $61,287,210 | 0.15% | 418,200 | Put option | $49,974,451 | Up ×1 | |
| CLS Celestica, Inc. Common Stock | $59,790,720 | 0.15% | 163,900 | Call option | $55,988,040 | Up ×1 | |
| LGN Legence Corp. - Class A Common stock | $58,991,945 | 0.15% | 692,150 | $41,594,304 | Up ×3 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $56,160,013 | 0.14% | 99,700 | Put option | Up ×1 | ||
| KLAC KLA Corporation - Common Stock | $55,212,930 | 0.14% | 183,000 | Call option | $28,267,827 | Up ×1 | |
| Unknown issuer (CUSIP: N52A8C105) | $53,604,567 | 0.13% | 1,355,362 | Up ×1 | |||
| LRCX Lam Research Corporation - Common Stock | $52,691,628 | 0.13% | 121,597 | $-182,453,167 | Down ×1 | ||
| GEV GE Vernova Inc. Common Stock | $52,202,554 | 0.13% | 44,433 | $13,416,988 | |||
| AMAT Applied Materials, Inc. - Common Stock | $50,314,293 | 0.13% | 69,591 | $-199,774,817 | Down ×1 | ||
| GEV GE Vernova Inc. Common Stock | $41,825,016 | 0.10% | 35,600 | Call option | $10,749,776 | ||
| APLD Applied Digital Corporation - Common Stock | $39,068,020 | 0.10% | 1,047,400 | Call option | $32,795,912 | Up ×1 | |
| SNOW Snowflake Inc. Common Stock | $33,797,600 | 0.08% | 132,800 | Call option | $13,768,704 | ||
| BW Babcock & Wilcox Enterprises, Inc. Common Stock | $31,556,138 | 0.08% | 2,238,024 | Up ×1 | |||
| QCOM QUALCOMM Incorporated - Common Stock | $31,377,342 | 0.08% | 169,800 | Put option | $9,510,498 | ||
| TAC TransAlta Corporation Ordinary Shares | $29,594,914 | 0.07% | 2,139,907 | $-4,533,182 | Down ×1 | ||
| Unknown issuer (CUSIP: 486917107) | $29,586,026 | 0.07% | 5,154,360 | Up ×1 | |||
| HUT Hut 8 Corp. - Common Stock | $26,448,450 | 0.07% | 229,100 | Call option | $15,701,369 | ||
| FTAI FTAI Aviation Ltd. - Common Stock | $25,781,509 | 0.06% | 95,300 | Call option | $13,458,009 | Up ×1 | |
| RIOT Riot Platforms, Inc. - Common Stock | $24,384,628 | 0.06% | 890,600 | Call option | |||
| VST Vistra Corp. Common Stock | $21,573,680 | 0.05% | 136,000 | Call option | $1,128,800 | ||
| VRT Vertiv Holdings, LLC Class A Common Stock | $20,223,128 | 0.05% | 60,400 | Put option | $9,347,956 | Up ×1 | |
| Unknown issuer (CUSIP: 296013105) | $19,515,840 | 0.05% | 1,345,920 | Up ×1 | |||
| BKV BKV Corporation Common Stock | $18,602,037 | 0.05% | 679,899 | $9,388,622 | Up ×3 | ||
| CEG Constellation Energy Corporation - Common Stock When-Issued | $17,063,019 | 0.04% | 68,700 | Call option | $-2,121,456 | ||
| ORCL Oracle Corporation Common Stock | $16,864,681 | 0.04% | 115,078 | $-64,444 | |||
| AAPL Apple Inc. - Common Stock | $16,030,544 | 0.04% | 55,400 | Put option | $1,970,578 | ||
| EEM | $15,330,681 | 0.04% | 224,100 | Put option | $2,604,042 | ||
| SATS EchoStar Corporation - Common stock | $13,032,600 | 0.03% | 128,400 | Call option | Up ×1 | ||
| CIFR Cipher Mining Inc. - Common Stock | $12,725,300 | 0.03% | 519,400 | Call option | $6,940,235 | Up ×1 | |
| FRMI Fermi Inc. - Common Stock | $12,530,834 | 0.03% | 1,367,995 | Up ×1 | |||
| BE Bloom Energy Corporation Class A Common Stock | $10,776,120 | 0.03% | 35,600 | Call option | $8,432,143 | 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 |
|---|---|---|---|
| GOOGL | $4,657,996,317 | 11.61% | up ×6 |
| AMZN | $4,354,543,302 | 10.86% | up ×6 |
| NVDA | $4,035,595,201 | 10.06% | up ×6 |
| BE | $1,690,633,683 | 4.21% | up ×6 |
| NBIS | $1,685,775,097 | 4.20% | up ×3 |
| CRWV | $1,083,603,389 | 2.70% | up ×3 |
| FIX | $482,816,894 | 1.20% | up ×3 |
| MSFT | $349,109,418 | 0.87% | up ×5 |
| VRT | $305,021,020 | 0.76% | up ×3 |
| EME | $290,424,805 | 0.72% | up ×3 |
| CIFR | $272,572,129 | 0.68% | up ×3 |
| EQT | $245,373,914 | 0.61% | up ×5 |
| BTDR | $82,583,735 | 0.21% | up ×4 |
| EQT | $73,635,133 | 0.18% | up ×3 |
| LGN | $58,991,945 | 0.15% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| AMD | $356,097,830 | 613,000 | 0.89% |
| Unknown issuer (CUSIP: 15675D103) | $241,933,562 | 1,094,722 | 0.60% |
| MSFT | $201,020,478 | 538,900 | 0.50% |
| SATS | $193,409,773 | 1,905,515 | 0.48% |
| FPS | $176,440,625 | 3,158,622 | 0.44% |
| Unknown issuer (CUSIP: 84615Q103) | $100,760,072 | 589,723 | 0.25% |
| CRDO | $91,918,556 | 337,998 | 0.23% |
| AMD | $90,389,596 | 155,600 | 0.23% |
| FCX | $80,008,658 | 1,272,200 | 0.20% |
| Unknown issuer (CUSIP: 31556C106) | $63,154,543 | 2,160,607 | 0.16% |
| META | $56,160,013 | 99,700 | 0.14% |
| Unknown issuer (CUSIP: N52A8C105) | $53,604,567 | 1,355,362 | 0.13% |
| BW | $31,556,138 | 2,238,024 | 0.08% |
| Unknown issuer (CUSIP: 486917107) | $29,586,026 | 5,154,360 | 0.07% |
| RIOT | $24,384,628 | 890,600 | 0.06% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| GOOGL | Bought more | +5.0M | +$2.4B |
| AMZN | Bought more | +8.4M | +$2.3B |
| NBIS | Bought more | +291K | +$1.1B |
| BE | Bought more | +1.0M | +$1.1B |
| NVDA | Bought more | +2.7M | +$995.1M |
| MU | Bought more | +286K | +$916.9M |
| CRWV | Bought more | +4.3M | +$458.8M |
| CRWV | Bought more | +2.6M | +$442.1M |
| ASML | Bought more | +112K | +$362.2M |
| STX | Trimmed | -205K | +$326.2M |
7 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.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SEI | June 30, 2026 | 896,985 | $50,688,622 | -27.4% |
| FN | Dec. 31, 2025 | 116,817 | $42,593,815 | 2.4% |
| AGX | March 31, 2026 | 128,858 | $40,373,789 | -4.0% |
| CRDO | June 30, 2025 | 690,067 | $27,713,091 | 150.9% |
| GTLB | March 31, 2026 | 736,952 | $27,657,809 | 91.8% |
| ONTO | June 30, 2025 | 223,840 | $27,160,746 | 203.0% |
| GLXY | March 31, 2026 | 1,061,151 | $23,727,336 | 9.9% |
| CORZ | Sept. 30, 2025 | 1,349,657 | $23,038,645 | 1.6% |
| BITF | June 30, 2026 | 7,942,921 | $15,488,696 | No longer tracked |
| CAMT | June 30, 2025 | 235,238 | $13,792,004 | 77.7% |
| WULF | Dec. 31, 2025 | 1,136,932 | $12,983,763 | 29.9% |
| MRVL | June 30, 2025 | 171,217 | $10,541,831 | 200.4% |
| TAC | Dec. 31, 2025 | 745,013 | $10,174,351 | -2.3% |
| SGOV | March 31, 2025 | 71,010 | $7,123,723 | -0.1% |
| ANET | March 31, 2025 | 49,528 | $5,199,722 | 143.6% |
| FXI | Dec. 31, 2025 | 90,000 | $3,702,600 | No longer tracked |
| AAON | March 31, 2026 | 41,956 | $3,199,145 | -2.6% |
| OKLO | March 31, 2025 | 56,966 | $1,209,388 | 88.5% |
| ASML | June 30, 2025 | 1,300 | $861,419 | 120.9% |
| EWT | March 31, 2026 | 5,000 | $317,650 | No longer tracked |