Deuterium Capital Management, LLC

Fundamental concentrated ★Highest signal CIK 1860487
Long book
$86.0M
Q1 2026
Positions
26
Top-10 weight
79%
concentration
Last quarter
+7.6%
SPY +14.8%
Turnover
36%
of book per quarter

Strategy in plain words

auto-generated from filings

Deuterium Capital Management, LLC is a concentrated fundamental stock-picker, running a $86.0M US long book across 26 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ALPHABET INC-CL C, AMAZON.COM INC, PALANTIR TECHNOLOGIES INC-A, INTUITIVE SURGICAL INC, ORACLE CORP.

Over the last 9 quarters its long book ran on average 3.6pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+11.3%
Q2 2024
+9.5%
Q3 2024
+3.9%
Q4 2024
-12.2%
Q1 2025
+37.9%
Q2 2025
+24.8%
Q3 2025
-4.8%
Q4 2025
-4.9%
Q1 2026
+7.6%

Sector allocation

Technology
45%
Consumer discretionary
22%
Healthcare
12%
Materials
8%
Financials
6%
Industrials
5%
Energy
2%

Long book by quarter

$56.1M
Q1 2024
$59.3M
Q2 2024
$54.5M
Q3 2024
$38.2M
Q4 2024
$44.9M
Q1 2025
$53.3M
Q2 2025
$69.1M
Q3 2025
$68.9M
Q4 2025
$86.0M
Q1 2026

What does Deuterium Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOG ALPHABET INC-CL CTechnology54.0K$15.5M18.0%Held
AMZN AMAZON.COM INCConsumer discretionary54.0K$11.2M13.1%New
PLTR PALANTIR TECHNOLOGIES INC-ATechnology58.6K$8.6M10.0%Held
ISRG INTUITIVE SURGICAL INCHealthcare15.4K$7.1M8.3%Held
ORCL ORACLE CORPTechnology36.0K$5.3M6.2%Held
MP MP MATERIALS CORPMaterials100.0K$4.8M5.6%New
CORZ CORE SCIENTIFIC INCFinancials300.0K$4.5M5.2%Held
COST COSTCO WHOLESALE CORPConsumer discretionary4.0K$4.0M4.7%Held
IMPP IMPERIAL PETROLEUM INCIndustrials826.8K$3.5M4.1%-48.3%
NVDA NVIDIA CORPTechnology19.0K$3.3M3.9%Held
MSFT MICROSOFT CORPTechnology7.5K$2.8M3.2%New
TGT TARGET CORPConsumer discretionary20.0K$2.4M2.8%New
NKTR NEKTAR THERAPEUTICSHealthcare18.0K$1.3M1.5%-51.8%
CRSP CRISPR THERAPEUTICS AGHealthcare25.0K$1.2M1.4%New
VAL VALARIS LTDEnergy10.0K$980K1.1%Held
UUUU ENERGY FUELS INCMaterials50.0K$913K1.1%New
ENVX ENOVIX CORPTechnology138.4K$717K0.8%Held
MTRN MATERION CORPIndustrials4.5K$657K0.8%New
UEC URANIUM ENERGY CORPMaterials41.8K$565K0.7%Held
DNN DENISON MINES CORPMaterials120.2K$424K0.5%Held
RIG TRANSOCEAN LTDEnergy60.0K$398K0.5%Held
SDRL SEADRILL LIMITEDEnergy5.0K$228K0.3%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202626$86.0M canonicalSEC ↗
Q4 202513F-HRFeb 10, 202620$68.9M canonicalSEC ↗
Q3 202513F-HRNov 7, 202518$69.1M canonicalSEC ↗
Q2 202513F-HRAug 4, 202518$53.3M canonicalSEC ↗
Q1 202513F-HRMay 8, 202541$44.9M canonicalSEC ↗
Q4 202413F-HRFeb 6, 202535$38.2M canonicalSEC ↗
Q3 202413F-HRNov 13, 202438$54.5M canonicalSEC ↗
Q2 202413F-HRJul 30, 202455$59.3M canonicalSEC ↗
Q1 202413F-HRMay 6, 202456$56.1M canonicalSEC ↗