BERKSHIRE CAPITAL HOLDINGS INC

Fundamental diversified ★Signal technology specialist (72%) CIK 1133742
League rank
#18
in Fundamental diversified · #119 overall
Long book
$277.2M
Q1 2026
Positions
114
Top-10 weight
62%
concentration
Last quarter
+35.5%
SPY +14.8%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

BERKSHIRE CAPITAL HOLDINGS INC is a diversified fundamental manager, specialised in technology (72% of the long book), running a $277.2M US long book across 114 positions.

The portfolio is concentrated: the top 10 names carry 62% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, TAIWAN SEMICONDUCTOR-SP ADR, LUMENTUM HOLDINGS INC, COHERENT CORP, GE VERNOVA INC.

Over the last 9 quarters its long book ran on average 5.2pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+9.7%
Q2 2024
+0.6%
Q3 2024
+14.3%
Q4 2024
-21.0%
Q1 2025
+45.3%
Q2 2025
+19.6%
Q3 2025
-9.9%
Q4 2025
-6.7%
Q1 2026
+35.5%

Sector allocation

Technology
68%
Industrials
20%
Other
8%
Communications
4%
Services media
0%
Financials
0%
Utilities
0%
Consumer discretionary
0%

Long book by quarter

$250.5M
Q1 2024
$247.3M
Q2 2024
$235.7M
Q3 2024
$276.7M
Q4 2024
$209.1M
Q1 2025
$285.8M
Q2 2025
$329.3M
Q3 2025
$301.7M
Q4 2025
$277.2M
Q1 2026

What does BERKSHIRE CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology158.5K$27.6M10.0%-59.6%
LITE LUMENTUM HOLDINGS INCTechnology31.9K$22.5M8.1%+319400.0%
COHR COHERENT CORPOther76.3K$18.2M6.6%+762900.0%
GEV GE VERNOVA INCIndustrials19.0K$16.6M6.0%-17.2%
VRT VERTIV HOLDINGS CO-ATechnology54.2K$13.6M4.9%+8.7%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology91.7K$13.4M4.8%+22.8%
FSLY FASTLY INC - CLASS ATechnology403.8K$11.7M4.2%New
GLW CORNING INCIndustrials85.7K$11.7M4.2%+856800.0%
AMAT APPLIED MATERIALS INCTechnology32.5K$11.1M4.0%+324600.0%
BE BLOOM ENERGY CORP- AIndustrials81.8K$11.1M4.0%+408950.0%
ECHO ECHOSTAR CORP-ACommunications92.1K$10.8M3.9%+63.6%
DOCN DIGITALOCEAN HOLDINGS INCTechnology99.0K$8.5M3.1%New
TSEM Tower Semiconductor Ltd.Technology47.8K$8.4M3.0%New
NBIS NEBIUS GROUP NVTechnology80.3K$8.3M3.0%+17.9%
TER TERADYNE INCTechnology28.0K$8.3M3.0%+280300.0%
MRVL MARVELL TECHNOLOGY INCTechnology82.6K$8.2M3.0%+825700.0%
NET CLOUDFLARE INC - CLASS ATechnology39.4K$8.1M2.9%+394000.0%
KLIC KULICKE & SOFFA INDUSTRIESTechnology123.7K$8.1M2.9%New
ASML ASML Holding N.V. ADRIndustrials6.1K$8.1M2.9%+61300.0%
Q QNITY ELECTRONICS INCTechnology47.8K$5.5M2.0%New
MELI MERCADOLIBRE INCServices media10$17K0.0%Held
KLAC KLA CORPOther10$15K0.0%Held
MPWR MONOLITHIC POWER SYSTEMS INCTechnology10$11K0.0%Held
NFLX NETFLIX INCServices media100$10K0.0%Held
PANW PALO ALTO NETWORKS INCTechnology42$7K0.0%+110.0%
SNDK SANDISK CORPTechnology10$6K0.0%Held
META META PLATFORMS INC-CLASS ATechnology10$6K0.0%Held
AGX ARGAN INCIndustrials10$5K0.0%Held
NOW SERVICENOW INCTechnology50$5K0.0%Held
SPOT SPOTIFY TECHNOLOGY SACommunications10$5K0.0%Held
TPL TEXAS PACIFIC LAND CORPFinancials10$5K0.0%New
AXON AXON ENTERPRISE INCIndustrials10$4K0.0%Held
APP APPLOVIN CORP-CLASS ATechnology10$4K0.0%-99.9%
STXN SEAGATE TECHNOLOGY HOLDINGS10$4K0.0%New
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology10$4K0.0%Held
CIEN CIENA CORPTechnology10$4K0.0%Held
TSLA TESLA INCIndustrials10$4K0.0%-100.0%
MSFT MICROSOFT CORPTechnology10$4K0.0%Held
ETN EATON CORP PLCIndustrials10$4K0.0%Held
SITM SITIME CORPTechnology10$3K0.0%-99.9%
MU MICRON TECHNOLOGY INCTechnology10$3K0.0%Held
TLN TALEN ENERGY CORPUtilities10$3K0.0%Held
CVNA CARVANA COConsumer discretionary10$3K0.0%Held
AVGO BROADCOM INCTechnology10$3K0.0%-100.0%
GOOGL ALPHABET INC-CL ATechnology10$3K0.0%Held
GE GENERAL ELECTRICIndustrials10$3K0.0%Held
CLS CELESTICA INCTechnology10$3K0.0%-100.0%
CEG CONSTELLATION ENERGYUtilities10$3K0.0%Held
WDC WESTERN DIGITAL CORPTechnology10$3K0.0%Held
JBL JABIL INCTechnology10$3K0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 12, 2026114$277.2M canonicalSEC ↗
Q4 202513F-HRFeb 9, 2026109$301.7M canonicalSEC ↗
Q3 202513F-HRNov 14, 2025111$329.3M canonicalSEC ↗
Q2 202513F-HRAug 14, 2025102$285.8M canonicalSEC ↗
Q1 202513F-HRMay 13, 202596$209.1M canonicalSEC ↗
Q4 202413F-HRFeb 11, 202596$276.7M canonicalSEC ↗
Q3 202413F-HRNov 12, 202490$235.7M canonicalSEC ↗
Q2 202413F-HRAug 13, 202487$247.3M canonicalSEC ↗
Q1 202413F-HRMay 13, 202489$250.5M canonicalSEC ↗