NVIDIA CORP

Fundamental diversified ★Signal technology specialist (90%) CIK 1045810
Long book
$18.37B
Q1 2026
Positions
7
Top-10 weight
100%
concentration
Last quarter
+99.7%
SPY +14.8%
Turnover
29%
of book per quarter

Strategy in plain words

auto-generated from filings

NVIDIA CORP is a diversified fundamental manager, specialised in technology (90% of the long book), running a $18.37B US long book across 7 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: INTEL CORP, COREWEAVE INC-CL A, SYNOPSYS INC, COHERENT CORP, NOKIA CORP-SPON ADR.

Over the last 9 quarters its long book ran on average 31.9pp per quarter ahead of the S&P 500, beating the index in 4 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
+16.0%
Q2 2024
-6.1%
Q3 2024
+1.2%
Q4 2024
-17.8%
Q1 2025
+276.4%
Q2 2025
-11.3%
Q3 2025
-42.9%
Q4 2025
+12.4%
Q1 2026
+99.7%

Sector allocation

Technology
89%
Other
11%
Healthcare
0%

Long book by quarter

$332.7M
Q1 2024
$393.2M
Q2 2024
$432.9M
Q3 2024
$304.5M
Q4 2024
$1.15B
Q1 2025
$4.33B
Q2 2025
$3.84B
Q3 2025
$13.10B
Q4 2025
$18.37B
Q1 2026

What does NVIDIA CORP own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
INTC INTEL CORPTechnology214.8M$9.48B51.6%Held
CRWV COREWEAVE INC-CL ATechnology47.2M$3.66B19.9%+94.5%
SNPS SYNOPSYS INCTechnology4.8M$1.91B10.4%Held
COHR COHERENT CORPOther7.8M$1.86B10.1%New
NBIS NEBIUS GROUP NVTechnology1.2M$123.5M0.7%Held
GENB GENERATE BIOMEDICINES INCHealthcare833.3K$10.4M0.1%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20267$18.37B canonicalSEC ↗
Q4 202513F-HRFeb 17, 20265$13.10B canonicalSEC ↗
Q3 202513F-HRNov 14, 20256$3.84B canonicalSEC ↗
Q2 202513F-HRAug 14, 20256$4.33B canonicalSEC ↗
Q1 202513F-HRMay 15, 20256$1.15B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20255$304.5M canonicalSEC ↗
Q3 202413F-HRNov 14, 20246$432.9M canonicalSEC ↗
Q2 202413F-HRAug 14, 20245$393.2M canonicalSEC ↗
Q1 202413F-HRMay 15, 20244$332.7M canonicalSEC ↗