TORNO CAPITAL, LLC
Long book
$476.0M
Q1 2026
Positions
20
Top-10 weight
99%
concentration
Last quarter
-2.3%
SPY -4.4%
Turnover
79%
of book per quarter
Strategy in plain words
auto-generated from filingsTORNO CAPITAL, LLC is a concentrated fundamental stock-picker, specialised in technology (99% of the long book), running a $476.0M US long book across 20 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ALPHABET INC-CL A, ALPHABET INC-CL C, WIX.COM LTD, ORACLE CORP, DIREX DAIL SEMI BU 3X ET-USD.
Over the last 8 quarters its long book ran on average 2.3pp per quarter ahead of the S&P 500, beating the index in 6 of 8 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
+7.1%
Q2 2024
+1.0%
Q3 2024
+4.4%
Q4 2024
-15.2%
Q1 2025
+19.6%
Q2 2025
+25.2%
Q3 2025
+4.3%
Q4 2025
-2.3%
Sector allocation
Technology 98%
Other 1%
Financials 0%
Industrials 0%
Healthcare 0%
Communications 0%
Long book by quarter
What does TORNO CAPITAL, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 800.0K | $230.0M | 48.3% | +113.3% |
| GOOG ALPHABET INC-CL C | Technology | 500.0K | $143.4M | 30.1% | New |
| WIX WIX.COM LTD | Technology | 450.0K | $40.5M | 8.5% | New |
| ORCL ORACLE CORP | Technology | 200.0K | $29.4M | 6.2% | New |
| EMPD EMPERY DIGITAL INC | Financials | 520.0K | $2.2M | 0.5% | -69.4% |
| ACLXGBX ARCELLX INC | — | 14.6K | $1.7M | 0.4% | New |
| CMC COMMERCIAL METALS CO | Industrials | 20.0K | $1.2M | 0.3% | New |
| PLRX PLIANT THERAPEUTICS INC | Healthcare | 700.0K | $882K | 0.2% | +9.4% |
| 2KZ0 KEZAR LIFE SCIENCES INC | — | 97.0K | $719K | 0.2% | +142.4% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 10.0K | $502K | 0.1% | New |
| CCL CARNIVAL CORP LTD | Industrials | 15.0K | $388K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR/ANEW HOLDINGS | Aug 14, 2026 | 52 | $758.5M | canonical | SEC ↗ |
| Q1 2026 | 13F-HR | May 15, 2026 | 45 | $725.0M | confidential canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ANEW HOLDINGS | Aug 14, 2026 | 86 | $985.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 71 | $447.0M | confidential canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ANEW HOLDINGS | Aug 14, 2026 | 83 | $2.29B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 78 | $1.21B | confidential canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ANEW HOLDINGS | Aug 14, 2026 | 63 | $949.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 60 | $547.3M | confidential canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 75 | $386.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR/ANEW HOLDINGS | May 14, 2025 | 142 | $1.13B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 135 | $1.09B | confidential canonical | SEC ↗ |
| Q3 2024 | 13F-HR/ANEW HOLDINGS | May 14, 2025 | 208 | $656.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 202 | $623.6M | confidential canonical | SEC ↗ |
| Q2 2024 | 13F-HR/ANEW HOLDINGS | May 14, 2025 | 178 | $2.14B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 175 | $2.13B | confidential canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 257 | $1.56B | canonical | SEC ↗ |