Defender Capital, LLC.
Long book
$281.9M
Q1 2026
Positions
34
Top-10 weight
83%
concentration
Last quarter
+15.2%
SPY +14.8%
Turnover
20%
of book per quarter
Strategy in plain words
auto-generated from filingsDefender Capital, LLC. is a concentrated fundamental stock-picker, running a $281.9M US long book across 34 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: BERKSHIRE HATHAWAY INC-CL B, PALANTIR TECHNOLOGIES INC-A, DANAHER CORP, AXON ENTERPRISE INC, VERALTO CORP.
Over the last 8 quarters its long book ran on average 0.7pp per quarter ahead of the S&P 500, beating the index in 6 of 8 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
-0.9%
Q2 2024
+8.1%
Q3 2024
+5.5%
Q4 2024
+0.5%
Q1 2025
+12.8%
Q2 2025
+9.7%
Q4 2025
-7.6%
Q1 2026
+15.2%
Sector allocation
Technology 47%
Financials 18%
Industrials 14%
Healthcare 9%
Consumer staples 6%
Consumer discretionary 5%
Materials 0%
Energy 0%
Long book by quarter
What does Defender Capital, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 99.6K | $47.7M | 16.9% | -0.9% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 284.9K | $41.7M | 14.8% | +17.4% |
| DHR DANAHER CORP | Technology | 157.5K | $29.9M | 10.6% | +1.0% |
| AXON AXON ENTERPRISE INC | Industrials | 59.3K | $25.2M | 8.9% | +41.7% |
| VLTO VERALTO CORP | Technology | 239.6K | $21.2M | 7.5% | +18.0% |
| MNST MONSTER BEVERAGE CORP | Consumer staples | 209.5K | $15.2M | 5.4% | -15.0% |
| TDY TELEDYNE TECHNOLOGIES INC | Technology | 23.2K | $14.0M | 5.0% | -31.3% |
| STAA STAAR SURGICAL CO | Healthcare | 644.5K | $12.1M | 4.3% | -3.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 11.9K | $11.9M | 4.2% | -1.4% |
| LCTX LINEAGE CELL THERAPEUTICS IN | Healthcare | 6.7M | $10.6M | 3.8% | -1.5% |
| TSLA TESLA INC | Industrials | 25.8K | $9.6M | 3.4% | -5.0% |
| GOOGL ALPHABET INC-CL A | Technology | 32.1K | $9.2M | 3.3% | +3.1% |
| FTV FORTIVE CORP | Technology | 86.5K | $4.8M | 1.7% | -43.6% |
| ESAB ESAB CORP | Industrials | 29.7K | $2.9M | 1.0% | -16.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 10.6K | $2.2M | 0.8% | +30.9% |
| NVDA NVIDIA CORP | Technology | 7.5K | $1.3M | 0.5% | +35.2% |
| GOOG ALPHABET INC-CL C | Technology | 3.7K | $1.1M | 0.4% | -4.3% |
| MSFT MICROSOFT CORP | Technology | 2.9K | $1.1M | 0.4% | +0.1% |
| AAPL APPLE INC | Technology | 3.9K | $997K | 0.4% | -20.7% |
| JPM JPMORGAN CHASE & CO | Financials | 1.7K | $505K | 0.2% | Held |
| PFE PFIZER INC | Healthcare | 16.7K | $470K | 0.2% | Held |
| INTC INTEL CORP | Technology | 10.0K | $441K | 0.2% | Held |
| MO ALTRIA GROUP INC | Consumer staples | 5.8K | $383K | 0.1% | Held |
| MLM MARTIN MARIETTA MATERIALS | Materials | 650 | $383K | 0.1% | Held |
| PSX PHILLIPS 66 | Energy | 2.0K | $371K | 0.1% | Held |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 637 | $294K | 0.1% | +59.3% |
| CSX CSX CORP | Industrials | 6.9K | $284K | 0.1% | Held |
| BE BLOOM ENERGY CORP- A | Industrials | 2.0K | $271K | 0.1% | -63.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.1K | $269K | 0.1% | -13.1% |
| GILD GILEAD SCIENCES INC | Healthcare | 1.5K | $209K | 0.1% | New |
| NMAX NEWSMAX INC | Communications | 27.3K | $142K | 0.1% | Held |
| JOBY Joby Aviation Inc | Industrials | 10.0K | $83K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 13, 2026 | 34 | $281.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 12, 2026 | 38 | $308.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 29, 2025 | 35 | $298.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 39 | $294.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 28, 2025 | 35 | $253.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 23, 2025 | 39 | $272.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 21, 2024 | 35 | $301.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 29, 2024 | 35 | $292.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 36 | $294.0M | canonical | SEC ↗ |
Similar funds
Sanders Capital, LLCGATES FOUNDATION TRUSTEAGLE CAPITAL MANAGEMENT LLCWoodbridge Co LtdAlecta Tjanstepension OmsesidigtMubadala Investment Co PJSCH&H International Investment, LLCNewlands Management Operations LLCINVESTOR ABIndependent Franchise Partners LLPPineStone Asset Management Inc.Pentwater Capital Management LP