Ratan Capital Management LP

Fundamental concentrated ★Highest signal CIK 1566887
League rank
#282
in Fundamental concentrated · #530 overall
Long book
$269.4M
Q1 2026
Positions
35
Top-10 weight
72%
concentration
Last quarter
+20.9%
SPY +14.8%
Turnover
34%
of book per quarter

Strategy in plain words

auto-generated from filings

Ratan Capital Management LP is a concentrated fundamental stock-picker, running a $269.4M US long book across 35 positions.

The portfolio is concentrated: the top 10 names carry 72% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: AMAZON.COM INC, META PLATFORMS INC-CLASS A, NVIDIA CORP, VISTRA CORP, BROADCOM INC.

Over the last 9 quarters its long book ran on average 2.9pp per quarter ahead of the S&P 500, beating the index in 6 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
+7.2%
Q2 2024
+8.0%
Q3 2024
+5.6%
Q4 2024
-18.1%
Q1 2025
+36.5%
Q2 2025
+18.4%
Q3 2025
-1.5%
Q4 2025
-10.7%
Q1 2026
+20.9%

Sector allocation

Technology
47%
Consumer discretionary
16%
Utilities
12%
Industrials
9%
Services media
6%
Financials
6%
Energy
2%
Healthcare
1%

Long book by quarter

$188.1M
Q1 2024
$326.9M
Q2 2024
$371.0M
Q3 2024
$652.0M
Q4 2024
$310.0M
Q1 2025
$216.5M
Q2 2025
$185.3M
Q3 2025
$363.5M
Q4 2025
$269.4M
Q1 2026

What does Ratan Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AMZN AMAZON.COM INCConsumer discretionary187.9K$39.1M14.5%+26.1%
META META PLATFORMS INC-CLASS ATechnology56.7K$32.4M12.0%+27.4%
NVDA NVIDIA CORPTechnology174.0K$30.3M11.3%-17.4%
VST VISTRA CORPUtilities147.8K$29.2M10.8%-24.8%
AVGO BROADCOM INCTechnology41.8K$12.9M4.8%+5.9%
LION LIONSGATE STUDIOS CORPServices media1.3M$12.7M4.7%-3.5%
GOOGL ALPHABET INC-CL ATechnology35.2K$10.1M3.8%+76.0%
FIGR FIGURE TECHNOLOGY SOLUT-CL AFinancials250.6K$8.5M3.2%-38.2%
BE BLOOM ENERGY CORP- AIndustrials61.5K$8.3M3.1%-47.2%
APP APPLOVIN CORP-CLASS ATechnology18.1K$7.2M2.7%-57.1%
RHLD RESOLUTE HOLDINGS MANAGFinancials39.9K$6.5M2.4%New
BA BOEING CO/THEIndustrials32.3K$6.4M2.4%-52.5%
SEI SOLARIS ENERGY INFRASTRUCTURIndustrials110.0K$6.2M2.3%-56.0%
PUMP PROPETRO HOLDING CORPEnergy420.5K$6.1M2.2%-36.2%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology37.5K$5.5M2.0%New
AMD ADVANCED MICRO DEVICESTechnology26.7K$5.4M2.0%-11.0%
INTC Intel CorpTechnology115.3K$5.1M1.9%New
LITE LUMENTUM HOLDINGS INCTechnology6.9K$4.8M1.8%New
FOUR SHIFT4 PAYMENTS INC-CLASS AServices media45.6K$2.0M0.7%-46.7%
OCUL OCULAR THERAPEUTIX INCHealthcare188.8K$1.6M0.6%New
MA MASTERCARD INC - AServices media3.1K$1.5M0.6%Held
SOLV SOLVENTUM CORPHealthcare20.0K$1.3M0.5%-92.0%
APLD APPLIED DIGITAL CORPTechnology50.0K$1.2M0.4%New
DHR DANAHER CORPTechnology5.6K$1.1M0.4%Held
KEYS KEYSIGHT TECHNOLOGIES INTechnology3.6K$1.0M0.4%Held
RTX RTX CORPIndustrials5.0K$965K0.4%Held
MSFT MICROSOFT CORPTechnology2.3K$833K0.3%-96.1%
TMO THERMO FISHER SCIENTIFIC INCOther1.6K$762K0.3%Held
NOW SERVICENOW INCTechnology6.0K$627K0.2%Held
IQV IQVIA HOLDINGS INCHealthcare3.3K$570K0.2%Held
SBUX STARBUCKS CORPConsumer discretionary6.0K$538K0.2%Held
VLTO VERALTO CORPTechnology1.9K$165K0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202637$269.4M canonicalSEC ↗
Q4 202513F-HRFeb 12, 202639$363.5M canonicalSEC ↗
Q3 202513F-HRNov 14, 202530$185.3M canonicalSEC ↗
Q2 202513F-HRAug 14, 202533$218.4M canonicalSEC ↗
Q1 202513F-HRMay 14, 202532$310.0M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202539$652.0M canonicalSEC ↗
Q3 202413F-HRNov 14, 202435$371.0M canonicalSEC ↗
Q2 202413F-HRAug 14, 202439$330.3M canonicalSEC ↗
Q1 202413F-HRMay 14, 202438$188.1M canonicalSEC ↗