TORNO CAPITAL, LLC
Long book
$233.7M
Q1 2026
Positions
17
Top-10 weight
99%
concentration
Last quarter
+23.6%
SPY +14.8%
Turnover
83%
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 $233.7M US long book across 17 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 9 quarters its long book ran on average 5.3pp per quarter ahead of the S&P 500, beating the index in 7 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
+7.1%
Q2 2024
+1.0%
Q3 2024
+4.4%
Q4 2024
-15.2%
Q1 2025
+19.6%
Q2 2025
+27.6%
Q3 2025
+23.9%
Q4 2025
-3.8%
Q1 2026
+23.6%
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 | 400.0K | $115.0M | 49.2% | +113.3% |
| GOOG ALPHABET INC-CL C | Technology | 250.0K | $71.7M | 30.7% | New |
| WIX WIX.COM LTD | Technology | 225.0K | $20.3M | 8.7% | New |
| ORCL ORACLE CORP | Technology | 100.0K | $14.7M | 6.3% | New |
| EMPD EMPERY DIGITAL INC | Financials | 260.0K | $1.1M | 0.5% | -69.4% |
| ACLXGBX ARCELLX INC | — | 7.3K | $836K | 0.4% | New |
| CMC COMMERCIAL METALS CO | Industrials | 10.0K | $614K | 0.3% | New |
| PLRX PLIANT THERAPEUTICS INC | Healthcare | 350.0K | $441K | 0.2% | +9.4% |
| 2KZ0 KEZAR LIFE SCIENCES INC | — | 48.5K | $360K | 0.2% | +142.4% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 5.0K | $251K | 0.1% | New |
| CCL CARNIVAL CORP LTD | Industrials | 7.5K | $194K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 45 | $725.0M | confidential canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 71 | $447.0M | confidential canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 78 | $1.21B | confidential 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 ↗ |