Institution

Penserra Capital Management LLC

13F for June 30, 2026, filed August 13, 2026 · SEC CIK 1593324 · Holdings history from December 31, 2015

Reported value: —
Positions we cover: 924
Copy, a year: +17.2%
Copy Sharpe ratio: 0.72

Copy-performance statistics: February 12, 2016 to November 2, 2026. Holdings history can start earlier than the price data used for performance.

Historical holdings

Holdings across the available history, including securities outside our stock coverage. Select a date to view the holdings for that period.

Related reporting managers

SEC notices identify these reporting relationships. Each manager retains its own holdings history; changes in reporting scope can involve several managers.

Reports holdings for Innovator Capital Management, LLC · SEC notice for September 30, 2017

1,127 reported entries for June 30, 2026.

Issuer	Class / type	Reported value	Quantity
THOMSON REUTERS CORP884903881 · TRI	COM	2as filed; value scale unresolved	25
3M CO88579Y101 · MMM	COM	7as filed; value scale unresolved	45
TRACTOR SUPPLY CO892356106 · TSCO	COM	1as filed; value scale unresolved	33
TRANSDIGM GROUP INC893641100 · TDG	COM	7as filed; value scale unresolved	6
TRAVELERS COMPANIES INC89417E109 · TRV	COM	245as filed; value scale unresolved	748
TRIMBLE INC896239100 · TRMB	COM	41,953as filed; value scale unresolved	819,762
TRUIST FINL CORP89832Q109 · TFC	COM	235as filed; value scale unresolved	4,732
TYLER TECHNOLOGIES INC902252105 · TYL	COM	0as filed; value scale unresolved	3
TYSON FOODS INC902494103 · TSN	CL A	1as filed; value scale unresolved	27
UNION PAC CORP907818108 · UNP	COM	13as filed; value scale unresolved	51
UNITED AIRLS HLDGS INC910047109 · UAL	COM	3as filed; value scale unresolved	27
UNITED PARCEL SVCS INC911312106 · UPS	CL B	469as filed; value scale unresolved	4,366
UNITED RENTALS INC911363109 · URI	COM	418as filed; value scale unresolved	370
UNITEDHEALTH GROUP INC91324P102 · UNH	COM	4,769as filed; value scale unresolved	11,477
VALERO ENERGY CORP91913Y100 · VLO	COM	7as filed; value scale unresolved	27
VEEVA SYS INC922475108 · VEEV	CL A COM	154as filed; value scale unresolved	874
VENTAS INC92276F100 · VTR	COM	754as filed; value scale unresolved	8,499
VERALTO CORP92338C103 · VLTO	COM SHS	1as filed; value scale unresolved	21
VERISIGN INC92343E102 · VRSN	COM	116as filed; value scale unresolved	466
VERISK ANALYTICS INC92345Y106 · VRSK	COM	137as filed; value scale unresolved	766
VERTEX PHARMACEUTICALS INC92532F100 · VRTX	COM	10as filed; value scale unresolved	21
VICI PPTYS INC925652109 · VICI	COM	1,434as filed; value scale unresolved	54,050
VISTRA CORP92840M102 · VST	COM	7,331as filed; value scale unresolved	46,222
VULCAN MATLS CO929160109 · VMC	COM	3as filed; value scale unresolved	12
WEC ENERGY GROUP INC92939U106 · WEC	COM	3as filed; value scale unresolved	27
WABTEC929740108 · WAB	COM	267as filed; value scale unresolved	993
WARNER BROS DISCOVERY INC934423104	COM SER A	5as filed; value scale unresolved	210
WASTE CONNECTIONS INC94106B101 · WCN	COM	2as filed; value scale unresolved	15
WASTE MGMT INC DEL94106L109 · WM	COM	7as filed; value scale unresolved	33
WATERS CORP941848103 · WAT	COM	3as filed; value scale unresolved	9
WATSCO INC942622200 · WSO	COM	363as filed; value scale unresolved	875
REGIONS FINANCIAL CORP NEW7591EP100 · RF	COM	151as filed; value scale unresolved	5,019
REPUBLIC SVCS INC760759100 · RSG	COM	5as filed; value scale unresolved	24
RESMED INC761152107 · RMD	COM	2as filed; value scale unresolved	12
RESTAURANT BRANDS INTL INC76131D103 · QSR	COM	1as filed; value scale unresolved	21
ROBINHOOD MKTS INC770700102 · HOOD	COM CL A	19as filed; value scale unresolved	202
ROBLOX CORP771049103 · RBLX	CL A	14,051as filed; value scale unresolved	258,420
ROCKWELL AUTOMATION INC773903109 · ROK	COM	325as filed; value scale unresolved	659
ROLLINS INC775711104 · ROL	COM	1as filed; value scale unresolved	36
ROPER TECHNOLOGIES INC776696106 · ROP	COM	1,534as filed; value scale unresolved	4,534
ROSS STORES INC778296103 · ROST	COM	5as filed; value scale unresolved	27
ROYAL BK CDA780087102 · RY	COM	31as filed; value scale unresolved	151
S&P GLOBAL INC78409V104 · SPGI	COM	724as filed; value scale unresolved	1,780
SBA COMMUNICATIONS CORP78410G104 · SBAC	CL A	108as filed; value scale unresolved	616
SALESFORCE INC79466L302 · CRM	COM	2,159as filed; value scale unresolved	13,788
SAMSARA INC79589L106 · IOT	COM CL A	61as filed; value scale unresolved	1,906
SLB LIMITED806857108 · SLB	COM STK	5as filed; value scale unresolved	126
SCHWAB CHARLES CORP808513105 · SCHW	COM	13as filed; value scale unresolved	147
SEMPRA816851109 · SRE	COM	5as filed; value scale unresolved	54
SERVICENOW INC81762P102 · NOW	COM	608as filed; value scale unresolved	6,139
SHERWIN WILLIAMS CO824348106 · SHW	COM	297as filed; value scale unresolved	866
SIMON PPTY GROUP INC NEW828806109 · SPG	COM	422as filed; value scale unresolved	1,891
SOUTHERN CO842587107 · SO	COM	8as filed; value scale unresolved	93
SOUTHERN COPPER CORP84265V105 · SCCO	COM	8as filed; value scale unresolved	50
SOUTHWEST AIRLS CO844741108 · LUV	COM	1as filed; value scale unresolved	30
STARBUCKS CORP855244109 · SBUX	COM	7as filed; value scale unresolved	69
STEEL DYNAMICS INC858119100 · STLD	COM	2as filed; value scale unresolved	12
STRYKER CORPORATION863667101 · SYK	COM	9as filed; value scale unresolved	30
SUN LIFE FINANCIAL INC.866796105 · SLF	COM	2as filed; value scale unresolved	33
SUNCOR ENERGY INC NEW867224107 · SU	COM	3as filed; value scale unresolved	72
SUPER MICRO COMPUTER INC86800U302 · SMCI	COM NEW	87as filed; value scale unresolved	3,002
SYNCHRONY FINANCIAL87165B103 · SYF	COM	155as filed; value scale unresolved	2,043
SYSCO CORP871829107 · SYY	COM	3as filed; value scale unresolved	39
TJX COS INC NEW872540109 · TJX	COM	14as filed; value scale unresolved	93
DELTA AIR LINES INC247361702 · DAL	COM NEW	5as filed; value scale unresolved	54
DEVON ENERGY CORP NEW25179M103 · DVN	COM	3as filed; value scale unresolved	95
DEXCOM INC252131107 · DXCM	COM	2as filed; value scale unresolved	33
DIAMONDBACK ENERGY INC25278X109 · FANG	COM	3as filed; value scale unresolved	21
DIGITAL RLTY TR INC253868103 · DLR	COM	10,424as filed; value scale unresolved	58,050
DISNEY WALT CO254687106 · DIS	COM	13as filed; value scale unresolved	144
DOLLAR GEN CORP256677105 · DG	COM	2as filed; value scale unresolved	18
DOLLAR TREE INC256746108 · DLTR	COM	1as filed; value scale unresolved	12
DOMINION ENERGY INC25746U109 · D	COM	4as filed; value scale unresolved	72
DOW HLDGS INC260557103 · DOW	COM	1as filed; value scale unresolved	60
DRAFTKINGS INC NEW26142V105 · DKNG	COM CL A	0as filed; value scale unresolved	30
DUKE ENERGY CORP NEW26441C204 · DUK	COM NEW	8as filed; value scale unresolved	66
DUPONT DE NEMOURS INC26614N201 · DD	COMMON STOCK	1as filed; value scale unresolved	8
HALLIBURTON CO406216101 · HAL	COM	2as filed; value scale unresolved	69
HARTFORD INSURANCE GROUP INC416515104 · HIG	COM	3as filed; value scale unresolved	24
HEICO CORP NEW422806208	CL A	2as filed; value scale unresolved	9
HERSHEY CO427866108 · HSY	COM	2as filed; value scale unresolved	15
HEWLETT PACKARD ENTERPRISE C42824C109 · HPE	COM	69,156as filed; value scale unresolved	1,533,102
HILTON WORLDWIDE HLDGS INC43300A203 · HLT	COM	5as filed; value scale unresolved	18
HOME DEPOT INC437076102 · HD	COM	1,847as filed; value scale unresolved	5,242
HONEYWELL AEROSPACE INC43849R105 · HONA	COM	57,636as filed; value scale unresolved	260,709
HONEYWELL INTL INC438516205 · HON	COM	36,173as filed; value scale unresolved	161,561
HORMEL FOODS CORP440452100 · HRL	COM	0as filed; value scale unresolved	33
HOWMET AEROSPACE INC443201108 · HWM	COM	443as filed; value scale unresolved	1,652
HUBSPOT INC443573100 · HUBS	COM	0as filed; value scale unresolved	3
HUNT J B TRANS SVCS INC445658107 · JBHT	COM	2as filed; value scale unresolved	9
IDEXX LABS INC45168D104 · IDXX	COM	3as filed; value scale unresolved	6
ILLINOIS TOOL WKS INC452308109 · ITW	COM	6as filed; value scale unresolved	24
ILLUMINA INC452327109 · ILMN	COM	1as filed; value scale unresolved	9
INGERSOLL RAND INC45687V106 · IR	COM	2as filed; value scale unresolved	33
INSULET CORP45784P101 · PODD	COM	0as filed; value scale unresolved	3
INTERCONTINENTAL EXCHANGE IN45866F104 · ICE	COM	793as filed; value scale unresolved	6,457
INTERNATIONAL FLAVORS&FRAGRA459506101 · IFF	COM	1as filed; value scale unresolved	15
INTERNATIONAL PAPER CO460146103 · IP	COM	1as filed; value scale unresolved	33
INTUITIVE SURGICAL INC46120E602 · ISRG	COM NEW	6,456as filed; value scale unresolved	16,239
JPMORGAN CHASE & CO46625H100 · JPM	COM	83as filed; value scale unresolved	256

Values use the units disclosed in the source. Where a dollar scale cannot be established, the original amount is shown as filed. Rows may include separate allocations, options and principal amounts; these are kept separate from the covered-stock portfolio used for performance.

How copying its 13F would have done

CopyS&P 500 $10,000 copying Penserra Capital Management LLC's usable filed holdings in companies we cover from February 12, 2016, rebalancing at the first weekly close after each usable filing and holding until the next, against the S&P 500 (total return). Missing prices carry their last observed value. 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 −43.6% (S&P 500 −31.8%); beta 1.15; alpha +0.3% a year (t = 0.09); last 12 months +13.0% against +12.1%.

Reported value by quarter

Penserra Capital Management LLC: 13F reported value Total reported value where the source's dollar units can be established. Earlier filings in thousands of dollars are converted; dates with unresolved value units are omitted.

View chart data

Period	Reported value
2015-12-31	$1.1B
2016-03-31	$1B
2016-06-30	$709.6M
2016-09-30	$822.5M
2016-12-31	$874.7M
2017-03-31	$966.3M
2017-06-30	$276.1M
2017-09-30	$420.1M
2017-12-31	$759.8M
2018-03-31	$1.1B
2018-06-30	$1.6B
2018-09-30	$1.6B
2018-12-31	$1B
2019-03-31	$1.2B
2019-06-30	$1.3B
2019-09-30	$1.2B
2019-12-31	$1.5B
2020-03-31	$1.5B
2020-06-30	$1.9B
2020-09-30	$2.6B
2020-12-31	$4.2B
2021-03-31	$5.4B
2021-06-30	$5.5B
2021-09-30	$4.8B
2021-12-31	$4.7B
2022-03-31	$4.2B
2022-06-30	$3.7B
2022-09-30	$3.5B

Latest covered holdings and moves

Covered holdings as of June 30, 2026.

Company	Share of portfolio	Value	Shares	Change in shares
AVGOBroadcom	2.08%	—	717.2K	+11.9% Added
CSCOCisco	1.96%	—	2.17M	−5.6% Reduced
NETCloudflare, Inc.	1.54%	—	816.1K	+12.0% Added
NOCNorthrop Grumman	1.48%	—	379.0K	+77.6% Added
PANWPalo Alto Networks	1.34%	—	512.6K	−25.4% Reduced
HQHorizon Quantum Holdings Ltd.	1.17%	—	5.47M	New
ARQQArqit Quantum Inc.	1.16%	—	5.08M	+249.9% Added
CRWDCrowdStrike	1.12%	—	191.7K	−27.8% Reduced
FTNTFortinet	1.07%	—	907.4K	−21.4% Reduced
MRVLMarvell Technology	1.02%	—	445.0K	−33.0% Reduced
GDGeneral Dynamics	0.99%	—	362.6K	+31.4% Added
FFIVF5, Inc.	0.97%	—	302.3K	−6.9% Reduced
NVDANVIDIA Corporation	0.90%	—	584.1K	+21.3% Added
OKTAOkta, Inc.	0.88%	—	842.9K	−21.7% Reduced
ATENA10 Networks, Inc.	0.88%	—	3.07M	−14.6% Reduced
RBRKRubrik, Inc.	0.85%	—	1.38M	−10.3% Reduced
TENBTenable Holdings, Inc.	0.84%	—	2.95M	−12.9% Reduced
LRCXLam Research	0.83%	—	250.9K	−11.2% Reduced
QLYSQualys, Inc.	0.82%	—	780.1K	+6.5% Added
AMDAdvanced Micro Devices	0.82%	—	184.6K	−25.0% Reduced
MUMicron Technology	0.82%	—	92.3K	−50.2% Reduced
VRNSVaronis Systems Inc	0.81%	—	2.52M	−12.8% Reduced
ARMARM Holdings PLC	0.80%	—	295.1K	−23.0% Reduced
ZSZscaler, Inc.	0.80%	—	739.4K	+33.0% Added
AMATApplied Materials	0.80%	—	144.3K	−8.4% Reduced
ALABAstera Labs, Inc.	0.78%	—	209.6K	−18.4% Reduced
SPCXSpace Exploration Technologies Corp	0.77%	—	584.7K	New
KLACKLA Corporation	0.77%	—	330.9K	+853.9% Added
RKLBRocket Lab Corp	0.76%	—	969.9K	+18.9% Added
QNTQuantinuum Inc.	0.75%	—	1.20M	New
CHKPCheck Point Software Technologies LTD	0.74%	—	733.1K	+38.3% Added
GENGen Digital Inc.	0.73%	—	3.84M	+10.0% Added
TERTeradyne	0.73%	—	196.5K	−5.1% Reduced
INTCIntel	0.72%	—	671.9K	−36.5% Reduced
MKSIMKS Inc	0.72%	—	210.8K	−15.9% Reduced
ONTOOnto Innovation Inc.	0.72%	—	247.0K	−3.0% Reduced
RTXRTX Corporation	0.72%	—	491.5K	+70.6% Added
SSentinelone, Inc.	0.71%	—	5.45M	+1.2% Added
NBISNebius Group N.V.	0.67%	—	315.2K	+14293.0% Added
QCOMQualcomm	0.67%	—	471.1K	+31.9% Added
ASTSAST Spacemobile, Inc.	0.66%	—	971.3K	+46.3% Added
FSLYFastly, Inc.	0.65%	—	4.62M	+30.6% Added
LMTLockheed Martin	0.65%	—	164.9K	+58.9% Added
RDWRRadware LTD	0.65%	—	2.72M	−7.6% Reduced
SNOWSnowflake Inc.	0.62%	—	318.9K	+40.2% Added
TSMTaiwan Semiconductor Manufacturing Co LTD	0.61%	—	166.8K	+22.3% Added
STMStmicroelectronics N.V.	0.60%	—	1.04M	−34.8% Reduced
COHRCoherent Corp.	0.59%	—	196.0K	−22.1% Reduced
ASMLAsml Holding NV	0.59%	—	38.7K	+1.4% Added
LSCCLattice Semiconductor Corp	0.59%	—	502.5K	−7.1% Reduced
GOOGLAlphabet Inc. (Class A)	0.59%	—	213.6K	+35.9% Added
QNCQuantum Emotion Corp	0.58%	—	24.01M	New
IBMIBM	0.57%	—	265.5K	+70.3% Added
TSEMTower Semiconductor LTD	0.57%	—	284.8K	−15.5% Reduced
ORCLOracle Corporation	0.57%	—	505.6K	+38.6% Added
TXNTexas Instruments	0.57%	—	248.6K	+5.0% Added
NTSKNetskope Inc	0.56%	—	6.70M	New
CRWVCoreweave, Inc.	0.55%	—	718.3K	+47.0% Added
AMZNAmazon	0.55%	—	298.0K	+1685.0% Added
RDNTRadnet, Inc.	0.54%	—	1.14M	+109.7% Added
VSATViasat Inc	0.54%	—	778.4K	+33.2% Added
TDCTeradata Corp	0.54%	—	2.01M	+51.3% Added
MCHPMicrochip Technology Inc	0.53%	—	759.7K	+22.0% Added
HPEHewlett Packard Enterprise	0.53%	—	1.53M	−9.7% Reduced
QBTSD-wave Quantum Inc.	0.53%	—	2.86M	+82.2% Added
NTNXNutanix, Inc.	0.52%	—	1.34M	+52.2% Added
CDNSCadence Design Systems Inc	0.52%	—	180.6K	+40.5% Added
QUBTQuantum Computing Inc.	0.52%	—	6.98M	+108.3% Added
ADIAnalog Devices	0.52%	—	169.4K	+13.4% Added
SNPSSynopsys Inc	0.51%	—	149.9K	+64.6% Added
MDBMongodb, Inc.	0.51%	—	198.3K	+96.6% Added
NVECNVE Corp	0.51%	—	635.3K	+9.4% Added
MSFTMicrosoft Corporation	0.51%	—	177.3K	+78.3% Added
RGTIRigetti Computing, Inc.	0.51%	—	3.42M	+110.4% Added
NXPINXP Semiconductors	0.51%	—	234.4K	+28.6% Added
MXLMaxlinear, Inc	0.50%	—	511.0K	−2.6% Reduced
INFQInfleqtion, Inc.	0.50%	—	4.90M	New
PLPlanet Labs PBC	0.50%	—	1.96M	+48.1% Added
BIDUBaidu, Inc.	0.50%	—	566.3K	+69.6% Added
IONQIonQ, Inc.	0.48%	—	1.18M	+44.2% Added
CRUSCirrus Logic, Inc.	0.48%	—	421.3K	+26.6% Added
ESTCElastic N.V.	0.48%	—	1.09M	+105.1% Added
PLTRPalantir Technologies Inc.	0.47%	—	526.2K	+125.3% Added
HONAHoneywell Aerospace	0.44%	—	260.7K	New
ONON Semiconductor Corp	0.44%	—	606.0K	−20.9% Reduced
BABAAlibaba Group Holding Ltd	0.42%	—	576.5K	+117.6% Added
ECHOEchoStar	0.41%	—	531.3K	+55.4% Added
AAPLApple Inc.	0.38%	—	169.3K	+1.2% Added
IRDMIridium Communications Inc.	0.35%	—	838.6K	+11.0% Added
SIRISirius XM Holdings Inc.	0.33%	—	1.43M	+75.8% Added
TRMBTrimble Inc.	0.32%	—	819.8K	+198.2% Added
GRMNGarmin	0.32%	—	173.4K	+125.8% Added
CRDOCredo Technology Group Holding Ltd	0.29%	—	138.7K	−16.1% Reduced
GSATGlobalstar, Inc.	0.29%	—	458.9K	+8.8% Added
RDWRedwire Corp	0.29%	—	3.05M	+71.3% Added
HONHoneywell Technologies	0.28%	—	161.6K	New
DDOGDatadog, Inc.	0.25%	—	126.8K	−2.7% Reduced
LUNRIntuitive Machines, Inc.	0.25%	—	1.53M	+29.0% Added
FLYFirefly Aerospace Inc.	0.21%	—	925.3K	+20.7% Added
ANETArista Networks	0.18%	—	140.2K	+10.7% Added
DOCNDigitalocean Holdings, Inc.	0.18%	—	148.6K	+13.2% Added
CEVACeva Inc	0.16%	—	433.2K	−2.6% Reduced
BABoeing	0.16%	—	94.3K	+113.1% Added
LHXL3Harris	0.15%	—	69.6K	+159.2% Added
EXTRExtreme Networks Inc	0.15%	—	594.9K	−2.6% Reduced
NTAPNetApp	0.14%	—	113.9K	+6.4% Added
MTSIMacom Technology Solutions Holdings, Inc.	0.14%	—	46.0K	−11.3% Reduced
CIENCiena	0.13%	—	35.1K	−0.3%
UMACUnusual Machines, Inc.	0.13%	—	747.0K	+60.5% Added
VOYGVoyager Technologies, Inc.	0.12%	—	491.2K	+5.8% Added
YSSYork Space Systems Inc.	0.12%	—	642.0K	New
LITELumentum	0.12%	—	18.0K	−15.2% Reduced
VVisa Inc.	0.12%	—	44.7K	−13.8% Reduced
MAMastercard	0.11%	—	27.6K	−12.6% Reduced
VIAVViavi Solutions Inc.	0.11%	—	296.7K	−1.1% Reduced
RBLXRoblox Corp	0.11%	—	258.4K	+1199.1% Added
CLSCelestica Inc	0.11%	—	38.4K	−3.4% Reduced
KEYSKeysight Technologies	0.10%	—	36.6K	−2.6% Reduced
NTCTNetscout Systems Inc	0.10%	—	285.6K	−2.6% Reduced
AXPAmerican Express	0.10%	—	36.6K	−17.6% Reduced
EQIXEquinix	0.09%	—	11.3K	−2.2% Reduced
APPApplovin Corp	0.09%	—	22.6K	+47.9% Added
VZVerizon	0.09%	—	271.2K	+14.8% Added
AFRMAffirm Holdings, Inc.	0.09%	—	140.6K	−28.7% Reduced
PYPLPayPal	0.09%	—	255.7K	+9.1% Added
SWKSSkyworks Solutions, Inc.	0.08%	—	160.8K	−2.6% Reduced
AVAVAerovironment Inc	0.08%	—	64.9K	+63.0% Added
DTDynatrace, Inc.	0.08%	—	241.6K	−2.6% Reduced
DLRDigital Realty	0.08%	—	58.0K	−2.6% Reduced
ONDSOndas Inc.	0.08%	—	1.26M	+58.7% Added
AKAMAkamai Technologies	0.08%	—	87.1K	−2.6% Reduced
TAT&T	0.08%	—	494.0K	−9.5% Reduced
ERICEricsson LM Telephone Co	0.08%	—	914.8K	−2.6% Reduced
TMUST-Mobile US	0.08%	—	60.0K	+1.8% Added
BKSYBlacksky Technology Inc.	0.08%	—	354.3K	+33.8% Added
MRCYMercury Systems Inc	0.08%	—	80.6K	+17.2% Added
AMTAmerican Tower	0.07%	—	60.0K	−2.4% Reduced
BBBlackberry Ltd	0.07%	—	755.9K	New
COFCapital One	0.07%	—	47.3K	−5.7% Reduced
TTWOTake TWO Interactive Software Inc	0.07%	—	37.4K	+29.2% Added
HAWKHawkeye 360, Inc.	0.07%	—	441.5K	New
VRTVertiv	0.07%	—	25.4K	−21.5% Reduced
CMCSAComcast	0.07%	—	342.3K	+72.6% Added
GILTGilat Satellite Networks LTD	0.06%	—	625.3K	+14.9% Added
GLBEGlobal-e Online Ltd.	0.06%	—	235.2K	+38.9% Added
AXONAxon Enterprise	0.06%	—	14.4K	+59.1% Added
TOSTToast, Inc.	0.06%	—	290.1K	−0.6% Reduced
MELIMercadolibre Inc	0.06%	—	4.6K	+41.6% Added
NUNu Holdings Ltd.	0.06%	—	586.4K	+11.2% Added
SHOPShopify Inc.	0.06%	—	68.5K	+57.1% Added

None this quarter.

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

None this quarter.

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

Company	Value last quarter	Shares
GPCRStructure Therapeutics Inc.	—	1.7K
TYLTyler Technologies Inc	—	242
WLKWestlake Corp	—	9
OKLOOklo Inc.	—	4.2K
STLAStellantis N.V.	—	180
AREAlexandria Real Estate Equities	—	28.9K
GCTGigacloud Technology Inc	—	36.3K
GLNGGolar LNG LTD	—	15.0K
NVMINova LTD.	—	3.4K
OSWOnespaworld Holdings Ltd	—	17.5K
CSLCarlisle Companies Inc	—	3.6K
NXSTNexstar Media Group, Inc.	—	5.1K
RSReliance, Inc.	—	4.1K
SJMThe J.M. Smucker Company	—	11.6K
TKRTimken Co	—	12.1K
MPMP Materials Corp. / DE	—	4.3K
NVTSNavitas Semiconductor Corp	—	24.4K
TMDXTransmedics Group, Inc.	—	2.0K
RCReady Capital Corp	—	476.3K
SLGSL Green Realty Corp	—	26.7K
AEISAdvanced Energy Industries Inc	—	315
ANABAnaptysbio, Inc	—	43.4K
ARAntero Resources Corp	—	21.3K
AROCArchrock, Inc.	—	68.8K
BWXTBWX Technologies, Inc.	—	1.8K
SBSCompanhia DE Saneamento Basico DO Estado DE SAO Paulo-sabesp	—	13.6K
CNRCore Natural Resources, Inc.	—	7.3K
CWCurtiss Wright Corp	—	2.3K
DGIIDigi International Inc	—	8.0K
ENSEnersys	—	3.2K

Technology75.7%
Industrials12.1%
Communication Services5.0%
Consumer Discretionary2.4%
Financials2.1%
Health Care1.3%
Real Estate1.1%
Consumer Staples0.1%
Materials0.1%
Utilities0.1%
Energy0.1%

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 backtestFebruary 12, 2016 to November 2, 2026	+17.2%	+15.8%	0.72	0.82	−43.6%	1.15
2018 onwardsJanuary 5, 2018 to November 2, 2026	+13.3%	+13.9%	0.53	0.66	−43.6%	1.14
Last three yearsNovember 3, 2023 to November 2, 2026	+25.8%	+21.8%	0.99	1.16	−21.6%	1.23
Last yearNovember 7, 2025 to November 2, 2026	+17.6%	+14.2%	0.60	0.84	−13.3%	1.61

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.