Penserra Capital Management LLC
Long book
$8.52B
Q1 2026
Positions
1095
Top-10 weight
15%
concentration
Last quarter
+30.1%
SPY +14.8%
Turnover
22%
of book per quarter
Strategy in plain words
auto-generated from filingsPenserra Capital Management LLC is a mechanically diversified allocator, specialised in technology (71% of the long book), running a $8.52B US long book across 1095 positions.
The portfolio is broadly diversified across 1095 positions (top 10 only 15%). Turnover is modest: positions are typically held for years. Current anchor positions: BROADCOM INC, CISCO SYSTEMS INC, CLOUDFLARE INC - CLASS A, NORTHROP GRUMMAN CORP, PALO ALTO NETWORKS INC.
Over the last 9 quarters its long book ran on average 2.2pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.0%
Q2 2024
+6.3%
Q3 2024
+6.5%
Q4 2024
-4.6%
Q1 2025
+14.9%
Q2 2025
+7.4%
Q3 2025
+0.5%
Q4 2025
-1.6%
Q1 2026
+30.1%
Sector allocation
Technology 71%
Industrials 10%
Services media 5%
Other 5%
Communications 4%
Financials 2%
Healthcare 1%
Consumer discretionary 1%
Long book by quarter
What does Penserra Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AVGO BROADCOM INC | Technology | 641.0K | $198.4M | 2.3% | +4.3% |
| CSCO CISCO SYSTEMS INC | Technology | 2.3M | $178.5M | 2.1% | -12.7% |
| NET CLOUDFLARE INC - CLASS A | Technology | 728.6K | $150.3M | 1.8% | +1.9% |
| NOC NORTHROP GRUMMAN CORP | Technology | 213.5K | $145.6M | 1.7% | -21.6% |
| PANW PALO ALTO NETWORKS INC | Technology | 687.4K | $110.2M | 1.3% | +9.2% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 265.3K | $103.6M | 1.2% | +13.6% |
| FSLY FASTLY INC - CLASS A | Technology | 3.5M | $102.8M | 1.2% | -39.3% |
| GD GENERAL DYNAMICS CORP | Industrials | 275.9K | $94.7M | 1.1% | -16.4% |
| FTNT FORTINET INC | Technology | 1.2M | $94.4M | 1.1% | -10.3% |
| FFIV F5 INC | Technology | 324.9K | $94.0M | 1.1% | -18.2% |
| OKTA OKTA INC | Technology | 1.1M | $84.7M | 1.0% | -1.1% |
| NVDA NVIDIA CORP | Technology | 481.7K | $84.0M | 1.0% | +5.8% |
| ATEN A10 NETWORKS INC | Technology | 3.6M | $83.1M | 1.0% | -15.6% |
| ZS ZSCALER INC | Technology | 555.9K | $78.0M | 0.9% | +43.4% |
| RDWR RADWARE LTD | Services media | 2.9M | $77.5M | 0.9% | -6.0% |
| CPW CHECK POINT SOFTWARE TECH | — | 530.0K | $75.7M | 0.9% | +7.4% |
| RBRK RUBRIK INC-A | Technology | 1.5M | $75.4M | 0.9% | +18.8% |
| S SENTINELONE INC -CLASS A | Technology | 5.4M | $69.4M | 0.8% | +10.9% |
| MRVL MARVELL TECHNOLOGY INC | Technology | 664.0K | $65.8M | 0.8% | +5.5% |
| GEN GEN DIGITAL INC | Technology | 3.5M | $65.7M | 0.8% | +3.0% |
| QLYS QUALYS INC | Technology | 732.5K | $64.3M | 0.8% | +33.9% |
| LMT LOCKHEED MARTIN CORP | Industrials | 103.8K | $62.7M | 0.7% | +10.2% |
| MU MICRON TECHNOLOGY INC | Technology | 185.4K | $62.6M | 0.7% | -1.1% |
| VRNS VARONIS SYSTEMS INC | Technology | 2.9M | $62.1M | 0.7% | +26.7% |
| TER TERADYNE INC | Technology | 207.1K | $61.4M | 0.7% | +5.3% |
| LRCX LAM RESEARCH CORP | Industrials | 282.4K | $60.3M | 0.7% | +3.0% |
| COHR COHERENT CORP | Other | 251.7K | $59.9M | 0.7% | +9.6% |
| TSEM TOWER SEMICONDUCTOR LTD | Technology | 336.9K | $59.1M | 0.7% | +6.7% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 257.9K | $58.3M | 0.7% | +12.2% |
| MKSI MKS INC | Technology | 250.6K | $57.6M | 0.7% | +5.3% |
| TENB TENABLE HOLDINGS INC | Technology | 3.4M | $57.3M | 0.7% | +22.9% |
| RTX RTX CORP | Industrials | 288.1K | $55.6M | 0.7% | +9.3% |
| STM STMICROELECTRONICS NV-NY SHS | Technology | 1.6M | $55.2M | 0.6% | +5.3% |
| ASTS AST SPACEMOBILE INC | Communications | 663.9K | $55.0M | 0.6% | +77.9% |
| AMAT APPLIED MATERIALS INC | Technology | 157.4K | $53.8M | 0.6% | +5.3% |
| ORCL ORACLE CORP | Technology | 364.8K | $53.7M | 0.6% | +20.2% |
| RKLB ROCKET LAB CORP | Industrials | 815.9K | $52.4M | 0.6% | +309.1% |
| ONTO ONTO INNOVATION INC | Other | 254.6K | $52.2M | 0.6% | +7.3% |
| KLAC KLA CORP | Other | 34.7K | $51.1M | 0.6% | +5.2% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 38.2K | $50.4M | 0.6% | +6.9% |
| LSCC LATTICE SEMICONDUCTOR CORP | Technology | 540.6K | $50.1M | 0.6% | +6.1% |
| AMD ADVANCED MICRO DEVICES | Technology | 246.2K | $50.1M | 0.6% | +12.1% |
| CRUS CIRRUS LOGIC INC | Technology | 332.9K | $48.1M | 0.6% | +5.3% |
| ADI ANALOG DEVICES INC | Technology | 149.5K | $47.5M | 0.6% | +5.3% |
| ON ON SEMICONDUCTOR | Technology | 765.9K | $47.4M | 0.6% | +5.3% |
| INTC INTEL CORP | Technology | 1.1M | $46.7M | 0.5% | +5.3% |
| QCOM QUALCOMM INC | Technology | 357.1K | $46.0M | 0.5% | +3.2% |
| TXN TEXAS INSTRUMENTS INC | Technology | 236.8K | $46.0M | 0.5% | +5.3% |
| GOOGL ALPHABET INC-CL A | Technology | 157.2K | $45.2M | 0.5% | +4.6% |
| AAPL APPLE INC | Technology | 167.3K | $42.5M | 0.5% | +0.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 1586 | $8.52B | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 1548 | $8.42B | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 4, 2025 | 1555 | $210.09B | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 1478 | $7.17B | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 29, 2025 | 1592 | $5.61B | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 1958 | $5.47B | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 1620 | $4.61B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 1825 | $7.90B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 1837 | $7.96B | $K fixed canonical | SEC ↗ |