Connective Capital Management, LLC

Other Low signal CIK 1543568
League rank
#26
in Other · #229 overall
Long book
$121.1M
Q1 2026
Positions
66
Top-10 weight
59%
concentration
Last quarter
+28.3%
SPY +14.8%
Turnover
66%
of book per quarter

Strategy in plain words

auto-generated from filings

Connective Capital Management, LLC is an institutional manager, running a $121.1M US long book across 66 positions.

The portfolio is concentrated: the top 10 names carry 59% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: INVESCO QQQ TRUST SERIES 1, INTUITIVE SURGICAL INC, PROSHARES ULTRA QQQ, MICROSOFT CORP, APPLE INC.

Over the last 9 quarters its long book ran on average 1.7pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+7.4%
Q2 2024
+1.8%
Q3 2024
+6.1%
Q4 2024
-10.4%
Q1 2025
+21.1%
Q2 2025
+7.9%
Q3 2025
+1.2%
Q4 2025
-8.1%
Q1 2026
+28.3%

Sector allocation

Technology
51%
Healthcare
15%
Services media
9%
Energy
8%
Other
6%
Financials
4%
Materials
3%
Consumer discretionary
2%

Long book by quarter

$63.4M
Q1 2024
$53.2M
Q2 2024
$107.7M
Q3 2024
$85.9M
Q4 2024
$108.6M
Q1 2025
$107.0M
Q2 2025
$108.9M
Q3 2025
$170.3M
Q4 2025
$121.1M
Q1 2026

What does Connective Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ISRG INTUITIVE SURGICAL INCHealthcare23.4K$10.8M8.9%Held
MSFT MICROSOFT CORPTechnology14.4K$5.3M4.4%Held
AAPL APPLE INCTechnology19.4K$4.9M4.1%Held
PANW PALO ALTO NETWORKS INCTechnology29.6K$4.8M3.9%New
SHOP SHOPIFY INC - CLASS ATechnology38.9K$4.6M3.8%New
DASH DOORDASH INC - AServices media30.1K$4.5M3.7%New
QCOM QUALCOMM INCTechnology35.0K$4.5M3.7%New
MPWR MONOLITHIC POWER SYSTEMS INCTechnology4.1K$4.5M3.7%New
KLAC KLA CORPOther2.9K$4.3M3.6%New
AMAT APPLIED MATERIALS INCTechnology12.3K$4.2M3.5%New
XOM EXXON MOBIL CORPEnergy23.7K$4.0M3.3%New
MELI MERCADOLIBRE INCServices media1.2K$2.2M1.8%-12.7%
UNH UNITEDHEALTH GROUP INCFinancials7.8K$2.1M1.7%New
CCJ CAMECO CORPMaterials18.8K$2.0M1.7%-58.3%
COP CONOCOPHILLIPSEnergy15.4K$2.0M1.7%New
GOOGL ALPHABET INC-CL ATechnology6.7K$1.9M1.6%New
UMAC UNUSUAL MACHINES INC /USTechnology109.0K$1.4M1.1%+243.6%
AMZN AMAZON.COM INCConsumer discretionary6.2K$1.3M1.1%-33.8%
META META PLATFORMS INC-CLASS ATechnology1.9K$1.1M0.9%+21.5%
HOOD ROBINHOOD MARKETS INC - AFinancials13.5K$937K0.8%New
VPG VISHAY PRECISION GROUPTechnology16.4K$713K0.6%+38.2%
CBUS CIBUS INCOther279.0K$552K0.5%New
SNPS SYNOPSYS INCTechnology1.4K$548K0.5%Held
ERII ENERGY RECOVERY INCIndustrials49.0K$494K0.4%New
GRCE GRACE THERAPEUTICS INCHealthcare84.5K$391K0.3%New
DOMH DOMINARI HOLDINGS INCFinancials114.2K$371K0.3%-40.8%
NFLX NETFLIX INCServices media3.6K$342K0.3%-71.8%
CEG CONSTELLATION ENERGYUtilities1.1K$317K0.3%+25.7%
COST COSTCO WHOLESALE CORPConsumer discretionary314$313K0.3%New
ACTU ACTUATE THERAPEUTICS INCHealthcare113.3K$310K0.3%New
WMT WALMART INCConsumer discretionary2.5K$305K0.3%New
PLTR PALANTIR TECHNOLOGIES INC-ATechnology2.0K$293K0.2%New
CSCO CISCO SYSTEMS INCTechnology3.7K$287K0.2%New
AVGO BROADCOM INCTechnology904$280K0.2%New
NVDA NVIDIA CORPTechnology1.6K$276K0.2%New
LRCX LAM RESEARCH CORPIndustrials1.3K$268K0.2%New
TSLA TESLA INCIndustrials715$266K0.2%New
CODA CODA OCTOPUS GROUP INCTechnology22.5K$254K0.2%New
GOOG ALPHABET INC-CL CTechnology876$251K0.2%New
AMD ADVANCED MICRO DEVICESTechnology1.2K$246K0.2%New
MU MICRON TECHNOLOGY INCTechnology683$231K0.2%New
ANGX ANGEL STUDIOS INCServices media65.1K$199K0.2%New
PCSA PROCESSA PHARMACEUTICALS INCHealthcare70.7K$179K0.1%New
EVTL VERTICAL AEROSPACE LTDIndustrials71.0K$157K0.1%-65.1%
BEEP MOBILE INFRASTRUCTURE CORPReal estate68.7K$154K0.1%-7.8%
DEFT DEFI TECHNOLOGIES INCFinancials182.8K$101K0.1%Held
SNAL SNAIL INC - CLASS ATechnology154.5K$79K0.1%Held
OTLK OUTLOOK THERAPEUTICS INCHealthcare200.0K$41K0.0%New
ATXG ADDENTAX GROUP CORPServices media5.6K$31K0.0%New
LSTA LISATA THERAPEUTICS INCHealthcare1.0K$5K0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 202666$121.1M canonicalSEC ↗
Q4 202513F-HRFeb 19, 202657$170.3M canonicalSEC ↗
Q3 202513F-HRNov 17, 202573$108.9M canonicalSEC ↗
Q2 202513F-HRAug 13, 202550$107.0M canonicalSEC ↗
Q1 202513F-HRMay 14, 202547$108.6M canonicalSEC ↗
Q4 202413F-HRFeb 18, 202568$85.9M canonicalSEC ↗
Q3 202413F-HRNov 14, 202438$110.3M canonicalSEC ↗
Q2 202413F-HRAug 19, 202432$55.6M SEC ↗
Q2 202413F-HR/ARESTATEMENTAug 19, 202432$55.6M canonicalSEC ↗
Q1 202413F-HR/ARESTATEMENTMay 16, 202425$65.5M canonicalSEC ↗
Q1 202413F-HRMay 16, 202425$65.5M SEC ↗