Horiko Capital Management LLC
Long book
$433.5M
Q1 2026
Positions
20
Top-10 weight
86%
concentration
Last quarter
+29.4%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsHoriko Capital Management LLC is a concentrated fundamental stock-picker, specialised in technology (60% of the long book), running a $433.5M US long book across 20 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: AMAZON.COM INC, ALPHABET INC-CL A, NVIDIA CORP, MICRON TECHNOLOGY INC, META PLATFORMS INC-CLASS A.
Over the last 9 quarters its long book ran on average 2.5pp 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
+5.3%
Q2 2024
+2.6%
Q3 2024
+0.7%
Q4 2024
-4.9%
Q1 2025
+15.3%
Q2 2025
+11.9%
Q3 2025
+7.6%
Q4 2025
-4.9%
Q1 2026
+29.4%
Sector allocation
Technology 57%
Consumer discretionary 22%
Industrials 18%
Services media 3%
Long book by quarter
What does Horiko Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMZN AMAZON.COM INC | Consumer discretionary | 223.7K | $46.2M | 10.7% | +14.6% |
| GOOGL ALPHABET INC-CL A | Technology | 150.6K | $42.8M | 9.9% | -11.7% |
| NVDA NVIDIA CORP | Technology | 245.6K | $42.3M | 9.8% | +11.3% |
| MU MICRON TECHNOLOGY INC | Technology | 124.5K | $41.5M | 9.6% | -3.2% |
| META META PLATFORMS INC-CLASS A | Technology | 72.5K | $40.9M | 9.4% | +5.1% |
| MCK MCKESSON CORP | Consumer discretionary | 44.3K | $38.3M | 8.8% | -2.4% |
| GM GENERAL MOTORS CO | Industrials | 514.4K | $38.1M | 8.8% | -0.7% |
| AAPL APPLE INC | Technology | 95.6K | $24.1M | 5.6% | -19.4% |
| MSFT MICROSOFT CORP | Technology | 62.3K | $22.9M | 5.3% | -10.2% |
| DHI DR HORTON INC | Industrials | 149.6K | $20.4M | 4.7% | +1.1% |
| LEN LENNAR CORP-A | Industrials | 88.4K | $7.6M | 1.8% | +1.0% |
| NFLX NETFLIX INC | Services media | 76.0K | $7.2M | 1.7% | +1.3% |
| SNDK SANDISK CORP | Technology | 4.1K | $2.6M | 0.6% | New |
| ACMR ACM RESEARCH INC-CLASS A | Industrials | 66.0K | $2.6M | 0.6% | New |
| V VISA INC-CLASS A SHARES | Services media | 7.0K | $2.1M | 0.5% | Held |
| MA MASTERCARD INC - A | Services media | 1.1K | $565K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 20 | $433.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 17 | $453.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 17 | $421.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 22 | $382.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 22 | $339.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 21 | $346.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 21 | $345.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 21 | $351.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 21 | $327.1M | canonical | SEC ↗ |