Portfolio — Q4 2024
Reported Book
$8.4B
13F value · +18% QoQ
Positions
38
+2 vs Q3 2024
Top 10
54.2%
of reported book
In Dimetrics Coverage
34.5%
of reported book
Reported book is the value of 13F-reportable US positions as filed — not the manager's total assets under management, which include cash, debt, non-US and private holdings.
Book structure
Long 100.0%
Long $8.4B· 38 lines
Reported book structure — not net exposure. 13F reports options at the notional value of the underlying, with no strike, expiry, or premium. Delta is unknowable. This describes what was filed.
Reported book by group
PutsLongCallsNotes
Hyperscalers
18.1%
$1.5B
Custom Silicon
11.8%
$995.7M
Photonics
2.4%
$201.0M
Liquid Cooling
1.6%
$135.6M
Lithography & Fab Tools
0.6%
$49.3M
Filed value by group, split by line type. Option lines are shown at the notional value of the underlying — a put bar is not exposure to that group, it is a position filed against it.
Holdings — 38 positions
| Ticker | Security | Line | Value | Weight | Group | Coverage |
|---|---|---|---|---|---|---|
| AMZN | AMAZON COM INC | Long | $766.6M | 9.08% | Hyperscalers | Covered |
| AVGO | BROADCOM INC | Long | $594.4M | 7.04% | Custom Silicon | Covered |
| APP | APPLOVIN CORP | Long | $581.9M | 6.89% | — | Outside |
| CLS | CELESTICA INC | Long | $548.3M | 6.50% | — | Outside |
| META | META PLATFORMS INC | Long | $478.8M | 5.67% | Hyperscalers | Covered |
| NVDA | NVIDIA CORPORATION | Long | $401.3M | 4.75% | Custom Silicon | Covered |
| DUOL | DUOLINGO INC | Long | $382.5M | 4.53% | — | Outside |
| CRM | SALESFORCE INC | Long | $276.4M | 3.27% | — | Outside |
| RBLX | ROBLOX CORP | Long | $275.1M | 3.26% | — | Outside |
| GOOGL | ALPHABET INC | Long | $270.8M | 3.21% | Hyperscalers | Covered |
| TOST | TOAST INC | Long | $264.8M | 3.14% | — | Outside |
| CVNA | CARVANA CO | Long | $247.0M | 2.93% | — | Outside |
| WIX | WIX COM LTD | Long | $229.9M | 2.72% | — | Outside |
| NU | NU HLDGS LTD | Long | $228.8M | 2.71% | — | Outside |
| RDDT | REDDIT INC | Long | $204.1M | 2.42% | — | Outside |
| SMTC | SEMTECH CORP | Long | $202.0M | 2.39% | — | Outside |
| COHR | COHERENT CORP | Long | $201.0M | 2.38% | Photonics | Covered |
| DKNG | DRAFTKINGS INC NEW | Long | $185.0M | 2.19% | — | Outside |
| FN | FABRINET | Long | $184.7M | 2.19% | — | Outside |
| TEAM | ATLASSIAN CORPORATION | Long | $170.9M | 2.03% | — | Outside |
| KVYO | KLAVIYO INC | Long | $159.5M | 1.89% | — | Outside |
| CPNG | COUPANG INC | Long | $153.2M | 1.82% | — | Outside |
| MELI | MERCADOLIBRE INC | Long | $152.3M | 1.80% | — | Outside |
| — | CYBERARK SOFTWARE LTD | Long | $150.7M | 1.79% | — | Outside |
| AAPL | APPLE INC | Long | $145.3M | 1.72% | — | Outside |
| VRT | VERTIV HOLDINGS CO | Long | $135.6M | 1.61% | Liquid Cooling | Covered |
| PDD | PDD HOLDINGS INC | Long | $132.9M | 1.57% | — | Outside |
| HUBS | HUBSPOT INC | Long | $126.3M | 1.50% | — | Outside |
| TWLO | TWILIO INC | Long | $111.3M | 1.32% | — | Outside |
| MNDY | MONDAY COM LTD | Long | $93.0M | 1.10% | — | Outside |
| CRWD | CROWDSTRIKE HLDGS INC | Long | $82.9M | 0.98% | — | Outside |
| ALKT | ALKAMI TECHNOLOGY INC | Long | $78.9M | 0.93% | — | Outside |
| OKTA | OKTA INC | Long | $64.1M | 0.76% | — | Outside |
| CRTO | CRITEO S A | Long | $54.8M | 0.65% | — | Outside |
| TSM | TAIWAN SEMICONDUCTOR MFG LTD | Long | $49.3M | 0.58% | Lithography & Fab Tools | Covered |
| HPE | HEWLETT PACKARD ENTERPRISE C | Long | $40.7M | 0.48% | — | Outside |
| MSFT | MICROSOFT CORP | Long | $10.5M | 0.12% | Hyperscalers | Covered |
| TTAN | SERVICETITAN INC | Long | $4.1M | 0.05% | — | Outside |
Shares and value as filed. Positions held with shared investment discretion are reported in full by each manager, so a filer's book can overlap another's.