Institution

Mai Capital Management

13F for June 30, 2026, filed August 14, 2026 · SEC CIK 1040197

Reported value: $26.3bn
Positions we cover: 1,077
Copy, a year: +12.7%
Copy Sharpe ratio: 0.68

How copying its 13F would have done

CopyS&P 500 $10,000 copying Mai Capital Management's filed holdings in companies we cover from August 1, 2014, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −31.3% (S&P 500 −31.8%); beta 0.98; alpha −0.7% a year (t = −0.77); last 12 months +12.2% against +12.1%.

Reported value by quarter

Mai Capital Management: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2014-06-30	$1B
2014-09-30	$1B
2014-12-31	$1.4B
2015-03-31	$1.5B
2015-06-30	$1.5B
2015-09-30	$1.3B
2015-12-31	$1.3B
2016-03-31	$1.3B
2016-06-30	$1.3B
2016-09-30	$1.3B
2016-12-31	$1.4B
2017-03-31	$1.5B
2017-06-30	$1.6B
2017-09-30	$1.6B
2017-12-31	$1.8B
2018-03-31	$1.8B
2018-06-30	$1.8B
2018-09-30	$2B
2018-12-31	$1.7B
2019-03-31	$1.9B
2019-06-30	$2.2B
2019-09-30	$2.2B
2019-12-31	$3.1B
2020-03-31	$2.4B
2020-06-30	$3.1B
2020-09-30	$3.4B
2020-12-31	$3.9B
2021-03-31	$4.4B
2021-06-30	$5B
2021-09-30	$5.1B
2021-12-31	$6.1B
2022-03-31	$5.9B
2022-06-30	$5.2B
2022-09-30	$5.3B
2022-12-31	$5.9T
2023-03-31	$6.3B
2023-06-30	$6.8B
2023-09-30	$6.7B
2023-12-31	$7.6B
2024-03-31	$9.6B
2024-06-30	$10.2B
2024-09-30	$10.4B
2024-12-31	$13.4B
2025-03-31	$13.2B
2025-06-30	$14.4B
2025-09-30	$16B
2025-12-31	$17.3B
2026-03-31	$17.6B
2026-06-30	$26.3B

Latest covered holdings and moves

Covered holdings as of June 30, 2026.

Company	Share of portfolio	Value	Shares	Change in shares
AAPLApple Inc.	3.27%	$859.7m	2.97M	+20.7% Added
NVDANVIDIA Corporation	1.98%	$519.4m	2.60M	+55.0% Added
MSFTMicrosoft Corporation	1.81%	$477.0m	1.28M	+17.0% Added
GOOGLAlphabet Inc. (Class A)	1.41%	$369.6m	1.03M	+26.0% Added
AMZNAmazon	1.32%	$347.6m	1.46M	+20.6% Added
AVGOBroadcom	0.96%	$251.7m	666.2K	+9.8% Added
JPMJPMorgan Chase	0.68%	$179.7m	549.0K	+16.5% Added
ABBVAbbVie	0.59%	$155.2m	616.9K	+6.8% Added
LLYLilly (Eli)	0.58%	$152.7m	127.3K	+32.5% Added
METAMeta Platforms	0.54%	$140.5m	249.5K	+32.5% Added
JNJJohnson & Johnson	0.53%	$139.3m	548.4K	−0.1%
VVisa Inc.	0.53%	$138.7m	404.3K	+7.4% Added
CSCOCisco	0.48%	$127.0m	1.08M	+4.7% Added
TSMTaiwan Semiconductor Manufacturing Co LTD	0.45%	$117.7m	246.5K	−1.2% Reduced
COSTCostco	0.41%	$106.7m	114.1K	+7.0% Added
RTXRTX Corporation	0.40%	$106.2m	559.6K	+2.8% Added
SHWSherwin-Williams	0.36%	$95.8m	278.2K	+4.7% Added
PGProcter & Gamble	0.33%	$87.6m	597.4K	+2.2% Added
HDThe Home Depot	0.33%	$85.8m	243.3K	+8.3% Added
WMTWalmart	0.30%	$77.8m	686.6K	+9.7% Added
AMDAdvanced Micro Devices	0.26%	$69.3m	119.4K	+32.1% Added
CATCaterpillar Inc.	0.26%	$69.3m	65.1K	+12.5% Added
LRCXLam Research	0.26%	$68.7m	158.5K	+108.9% Added
BACBank of America	0.26%	$67.9m	1.19M	+10.0% Added
ETNEaton Corporation	0.24%	$64.1m	150.5K	+15.5% Added
AMATApplied Materials	0.24%	$64.1m	88.7K	+5.1% Added
MAMastercard	0.24%	$63.5m	123.7K	+17.1% Added
MUMicron Technology	0.24%	$63.2m	54.8K	+42.1% Added
QCOMQualcomm	0.24%	$62.9m	340.3K	+5.8% Added
TSLATesla, Inc.	0.23%	$61.2m	145.5K	+21.7% Added
ORCLOracle Corporation	0.23%	$59.5m	406.2K	+38.2% Added
CVXChevron Corporation	0.22%	$58.7m	354.3K	+22.2% Added
GSGoldman Sachs	0.21%	$56.0m	55.4K	+58.0% Added
CBChubb Limited	0.21%	$55.4m	162.5K	+5.4% Added
KOThe Coca-Cola Company	0.20%	$52.2m	641.8K	+8.4% Added
DELLDell Technologies	0.20%	$51.3m	119.0K	−7.6% Reduced
GEGE Aerospace	0.19%	$50.0m	133.7K	+9.8% Added
PANWPalo Alto Networks	0.19%	$49.6m	145.5K	+14.1% Added
PEPPepsiCo	0.19%	$49.4m	364.7K	+7.4% Added
MRKMerck & Co.	0.19%	$48.9m	380.2K	+13.5% Added
MCDMcDonald's	0.18%	$48.6m	179.7K	+9.1% Added
VZVerizon	0.17%	$44.6m	1.05M	+4.2% Added
NFLXNetflix	0.17%	$44.6m	624.0K	+12.8% Added
MSMorgan Stanley	0.17%	$43.9m	210.1K	+30.8% Added
BKNGBooking Holdings	0.17%	$43.3m	243.1K	+2384.3% Added
AXPAmerican Express	0.16%	$43.0m	127.1K	+26.5% Added
TJXTJX Companies	0.16%	$41.8m	276.2K	+18.9% Added
ABTAbbott Laboratories	0.15%	$39.7m	437.6K	+4.7% Added
UNHUnitedHealth Group	0.15%	$38.9m	93.6K	+52.6% Added
AMGNAmgen	0.14%	$36.5m	100.9K	+15.6% Added
SYKStryker Corporation	0.14%	$36.1m	114.5K	+0.7% Added
TMOThermo Fisher Scientific	0.14%	$35.7m	71.2K	+16.7% Added
INTCIntel	0.14%	$35.5m	253.9K	−1.8% Reduced
KLACKLA Corporation	0.14%	$35.3m	117.1K	+975.1% Added
SJMThe J.M. Smucker Company	0.13%	$35.1m	311.8K	+0.6% Added
ASMLAsml Holding NV	0.13%	$35.0m	17.6K	+20.3% Added
UNPUnion Pacific Corporation	0.13%	$34.9m	128.4K	+12.0% Added
GLWCorning Inc.	0.13%	$34.0m	132.9K	+24.6% Added
KMBKimberly-Clark	0.13%	$33.3m	303.3K	+38.1% Added
BLKBlackRock	0.13%	$32.9m	34.3K	+12.0% Added
LINLinde plc	0.12%	$32.3m	62.3K	+27.3% Added
IBMIBM	0.12%	$32.0m	113.7K	+30.5% Added
URIUnited Rentals	0.11%	$29.9m	26.4K	+0.8% Added
SCHWCharles Schwab Corporation	0.11%	$29.1m	314.9K	+111.6% Added
UPSUnited Parcel Service	0.10%	$27.7m	257.5K	+1.6% Added
WMWaste Management	0.10%	$27.6m	123.8K	+5.6% Added
CRWDCrowdStrike	0.10%	$27.6m	36.1K	−6.1% Reduced
LOWLowe's	0.10%	$26.4m	119.5K	+16.7% Added
EPDEnterprise Products Partners L.p.	0.09%	$24.6m	668.9K	+6.2% Added
TXNTexas Instruments	0.09%	$24.2m	81.1K	+17.0% Added
ADPAutomatic Data Processing	0.09%	$24.1m	107.5K	+0.6% Added
ICEIntercontinental Exchange	0.09%	$24.0m	194.7K	+36.9% Added
ANETArista Networks	0.09%	$23.2m	136.7K	+19.3% Added
DISThe Walt Disney Company	0.09%	$23.2m	241.0K	+15.9% Added
SOSouthern Company	0.09%	$23.2m	242.2K	+1.5% Added
BABoeing	0.08%	$22.2m	102.4K	+114.6% Added
BSXBoston Scientific	0.08%	$22.2m	519.0K	+57.2% Added
NEENextEra Energy	0.08%	$20.6m	234.3K	+7.2% Added
HONHoneywell Technologies	0.08%	$20.5m	91.8K	New
GEVGE Vernova	0.08%	$20.5m	17.4K	+30.0% Added
DEDeere & Company	0.08%	$20.1m	31.7K	+8.2% Added
LMTLockheed Martin	0.08%	$20.0m	39.3K	+9.3% Added
WMBWilliams Companies	0.07%	$19.1m	257.0K	+11.4% Added
ORealty Income	0.07%	$19.1m	307.9K	+3.7% Added
HONAHoneywell Aerospace	0.07%	$19.0m	85.9K	New
ISRGIntuitive Surgical	0.07%	$18.7m	47.1K	+12.4% Added
VRTVertiv	0.07%	$18.7m	55.7K	+13.3% Added
WFCWells Fargo	0.07%	$18.6m	225.3K	+16.0% Added
CMECME Group	0.07%	$18.5m	83.9K	+17.3% Added
PMPhilip Morris International	0.07%	$18.5m	102.0K	+12.6% Added
COPConocoPhillips	0.07%	$18.1m	173.8K	+7.3% Added
ADIAnalog Devices	0.07%	$17.5m	44.1K	+111.9% Added
SPGIS&P Global	0.07%	$17.2m	42.3K	+32.0% Added
FDXFedEx	0.06%	$16.9m	54.0K	+32.0% Added
EMREmerson Electric	0.06%	$16.6m	116.0K	+12.0% Added
AMTAmerican Tower	0.06%	$16.4m	100.1K	−1.8% Reduced
PWRQuanta Services	0.06%	$16.3m	22.6K	+53.8% Added
GBDCGolub Capital BDC, Inc.	0.06%	$15.9m	1.24M	+1.2% Added
TRGPTarga Resources	0.06%	$15.9m	59.2K	+11.0% Added
AZOAutoZone	0.06%	$15.7m	4.9K	+59.1% Added
APOApollo Global Management	0.06%	$15.4m	130.2K	+3.6% Added
ZWSZurn Elkay Water Solutions Corp	0.06%	$14.9m	294.9K	+0.4%
MDLZMondelez International	0.06%	$14.8m	256.3K	−3.4% Reduced
PFEPfizer	0.06%	$14.8m	614.1K	+46.0% Added
BMYBristol Myers Squibb	0.05%	$14.2m	247.2K	+10.5% Added
BXBlackstone Inc.	0.05%	$14.2m	120.9K	+106.1% Added
USBU.S. Bancorp	0.05%	$14.1m	233.8K	+18.3% Added
MOAltria	0.05%	$14.1m	195.2K	+8.1% Added
NOWServiceNow	0.05%	$14.0m	141.1K	+9.6% Added
PGRProgressive Corporation	0.05%	$14.0m	64.1K	−2.6% Reduced
ACNAccenture	0.05%	$13.9m	112.1K	−12.2% Reduced
ROKRockwell Automation	0.05%	$13.4m	27.0K	+50.4% Added
APHAmphenol	0.05%	$13.1m	74.2K	+49.5% Added
VMCVulcan Materials Company	0.05%	$12.6m	42.8K	+11.4% Added
BNYBNY Mellon	0.05%	$12.5m	86.7K	+11.3% Added
MMM3M	0.05%	$12.5m	77.3K	+22.7% Added
TTWOTake TWO Interactive Software Inc	0.05%	$12.5m	49.8K	+2.6% Added
TAT&T	0.05%	$12.3m	593.5K	+11.5% Added
TRVThe Travelers Companies	0.05%	$12.2m	36.9K	+11.3% Added
APPApplovin Corp	0.05%	$12.1m	23.5K	+0.5% Added
ROSTRoss Stores	0.04%	$11.9m	55.7K	+8.4% Added
CTASCintas	0.04%	$11.8m	69.5K	+2.6% Added
LECOLincoln Electric Holdings Inc	0.04%	$11.7m	44.0K	−3.9% Reduced
SRESempra	0.04%	$11.6m	124.9K	+55.4% Added
PSXPhillips 66	0.04%	$11.3m	66.8K	+18.6% Added
PLTRPalantir Technologies Inc.	0.04%	$11.2m	96.3K	+29.9% Added
PHParker Hannifin	0.04%	$11.2m	11.4K	+17.5% Added
CLColgate-Palmolive	0.04%	$11.1m	121.5K	+79.6% Added
CCitigroup	0.04%	$11.0m	78.9K	+37.8% Added
WDCWestern Digital	0.04%	$11.0m	17.2K	+113.7% Added
CVSCVS Health	0.04%	$11.0m	105.9K	+4.0% Added
SNDKSandisk	0.04%	$10.8m	4.8K	+166.5% Added
PNCPNC Financial Services	0.04%	$10.7m	43.3K	+21.8% Added
LHXL3Harris	0.04%	$10.4m	35.7K	+8.1% Added
CBRECBRE Group	0.04%	$10.2m	75.7K	+12.6% Added
VLOValero Energy	0.04%	$10.1m	38.7K	+27.8% Added
MDTMedtronic	0.04%	$10.1m	128.7K	+4.7% Added
LHLabcorp	0.04%	$10.0m	35.7K	−0.3%
DHID. R. Horton	0.04%	$9.8m	60.2K	+10.8% Added
TMUST-Mobile US	0.04%	$9.7m	58.0K	+10.6% Added
DLRDigital Realty	0.04%	$9.6m	53.7K	+0.4%
MPCMarathon Petroleum	0.04%	$9.5m	37.0K	+18.6% Added
ORLYO'Reilly Automotive	0.04%	$9.5m	102.8K	+507.8% Added
JJacobs Solutions	0.04%	$9.3m	73.9K	+1669.6% Added
FASTFastenal	0.04%	$9.1m	189.6K	+1.0% Added
ITWIllinois Tool Works	0.04%	$9.1m	33.6K	+50.3% Added
MCOMoody's Corporation	0.04%	$9.1m	20.1K	+298.0% Added
AEPAmerican Electric Power	0.03%	$9.0m	65.9K	+10.2% Added
CARRCarrier Global	0.03%	$9.0m	122.4K	+88.1% Added
MARMarriott International	0.03%	$8.9m	24.0K	+6.2% Added

Company	Bought (value)	Shares
NVDANVIDIA Corporation	$184.3m	921.3K
AAPLApple Inc.	$147.4m	509.6K
GOOGLAlphabet Inc. (Class A)	$76.2m	213.2K
MSFTMicrosoft Corporation	$69.4m	186.2K
AMZNAmazon	$59.3m	248.9K
BKNGBooking Holdings	$41.6m	233.3K
LLYLilly (Eli)	$37.5m	31.2K
LRCXLam Research	$35.8m	82.6K
METAMeta Platforms	$34.5m	61.2K
KLACKLA Corporation	$32.1m	106.3K
JPMJPMorgan Chase	$25.5m	77.8K
AVGOBroadcom	$22.6m	59.7K
GSGoldman Sachs	$20.6m	20.3K
HONHoneywell Technologies	$20.5m	91.8K
HONAHoneywell Aerospace	$19.0m	85.9K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
EWEdwards Lifesciences	−$5.6m	−62.4K
OWLBlue OWL Capital Inc.	−$4.7m	−538.2K
DELLDell Technologies	−$4.2m	−9.8K
ZTSZoetis	−$3.9m	−54.4K
CORCencora	−$2.4m	−8.5K
ACNAccenture	−$1.9m	−15.5K
CRWDCrowdStrike	−$1.8m	−2.3K
MCHPMicrochip Technology Inc	−$1.6m	−17.5K
TSMTaiwan Semiconductor Manufacturing Co LTD	−$1.4m	−3.0K
JMSBJohn Marshall Bancorp, Inc.	−$1.4m	−64.9K
TTDTrade Desk, Inc.	−$1.3m	−74.5K
INTCIntel	−$656,401	−4.7K
COMPCompass, Inc.	−$623,278	−50.5K
DTIDrilling Tools International Corp	−$577,371	−133.3K
MATXMatson, Inc.	−$534,400	−2.8K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
DTIDrilling Tools International Corp	$577,371	133.3K
TDWTidewater Inc	$349,057	4.2K
CTSHCognizant	$343,730	5.6K
PBRPetrobras - Petroleo Brasileiro SA	$342,583	16.5K
EXLSExlservice Holdings, Inc.	$304,276	10.0K
AXTAAxalta Coating Systems Ltd.	$270,491	9.8K
WEXWEX Inc.	$262,617	1.7K
EPAMEPAM Systems, Inc.	$256,313	1.9K
ROLRollins, Inc.	$248,536	4.7K
RYTMRhythm Pharmaceuticals, Inc.	$235,689	2.7K
BOHBank Of Hawaii Corp	$229,581	3.1K
PECOPhillips Edison & Company, Inc.	$227,888	6.1K
GMEDGlobus Medical Inc	$208,594	2.4K
UHSUniversal Health Services	$207,606	1.2K
INSMInsmed Inc	$200,592	1.2K
KTOSKratos Defense & Security Solutions, Inc.	$198,627	2.8K
WINGWingstop Inc.	$197,876	1.3K
LPXLouisiana-pacific Corp	$191,483	2.6K
TRMBTrimble Inc.	$191,235	2.9K
APGApi Group Corp	$188,378	4.6K
LLoews Corporation	$187,858	1.8K
OLLIOllie's Bargain Outlet Holdings, Inc.	$181,319	2.0K
WTMWhite Mountains Insurance Group LTD	$177,954	81
ZBRAZebra Technologies	$174,540	835
ONONOn Holding AG	$173,877	5.1K
RRCRange Resources Corp	$169,922	3.8K
TDYTeledyne Technologies	$163,353	270
SAMBoston Beer Co Inc	$162,432	705
CHHChoice Hotels International Inc	$159,205	1.5K
AMTMAmentum Holdings, Inc.	$158,932	6.1K

Technology36.6%
Financials12.6%
Industrials10.5%
Health Care10.0%
Consumer Discretionary8.9%
Communication Services7.4%
Consumer Staples6.1%
Energy2.6%
Materials2.5%
Real Estate1.4%
Utilities1.3%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 1, 2014 to November 2, 2026	+12.7%	+13.7%	0.68	0.73	−31.3%	0.98
2018 onwardsJanuary 5, 2018 to November 2, 2026	+13.9%	+13.9%	0.67	0.66	−31.3%	0.97
Last three yearsNovember 3, 2023 to November 2, 2026	+20.4%	+21.8%	1.14	1.16	−16.2%	0.93
Last yearNovember 7, 2025 to November 2, 2026	+14.3%	+14.2%	0.94	0.84	−8.4%	0.84

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.