Institution

Value Aligned Research Advisors, LLC

13F for June 30, 2026, filed August 17, 2026 · SEC CIK 1963565

Reported value: $16.7bn
Positions we cover: 58
Copy, a year: +42.9%
Copy Sharpe ratio: 1.07

How copying its 13F would have done

CopyS&P 500 $10,000 copying Value Aligned Research Advisors, LLC's filed holdings in companies we cover from February 3, 2023, 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 −40.4% (S&P 500 −16.9%); beta 1.70; alpha +13.7% a year (t = 1.04); last 12 months −0.2% against +12.1%.

Reported value by quarter

Value Aligned Research Advisors, LLC: 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
2022-12-31	$220.6B
2025-03-31	$1.2B
2025-06-30	$2.2B
2025-09-30	$4.3B
2025-12-31	$4.9B
2026-03-31	$8.4B
2026-06-30	$16.7B

Latest covered holdings and moves

Covered holdings as of June 30, 2026.

Company	Share of portfolio	Value	Shares	Change in shares
BEBloom Energy	10.10%	$1.7bn	5.59M	+21.8% Added
NBISNebius Group N.V.	10.07%	$1.7bn	6.10M	+5.0% Added
CRWVCoreweave, Inc.	6.48%	$1.1bn	10.89M	+31.5% Added
INTCIntel	5.30%	$886.1m	6.35M	+1159.7% Added
MUMicron Technology	5.06%	$846.1m	733.0K	+235.0% Added
SNDKSandisk	4.24%	$708.9m	311.8K	+196.4% Added
STXSeagate Technology	4.09%	$684.5m	709.4K	−22.4% Reduced
WDCWestern Digital	3.77%	$631.3m	988.4K	−23.7% Reduced
LITELumentum	3.77%	$630.4m	734.7K	−30.5% Reduced
CLSCelestica Inc	3.44%	$575.1m	1.58M	+5.7% Added
FIXComfort Systems USA	2.89%	$482.8m	243.6K	+14.0% Added
VRTVertiv	2.88%	$481.4m	1.44M	−25.9% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD	2.88%	$481.1m	1.01M	+148058.8% Added
AMZNAmazon	2.32%	$387.4m	1.63M	+32926.5% Added
IRENIREN Ltd	2.31%	$387.2m	8.47M	+77.6% Added
FTAIFTAI Aviation Ltd.	2.25%	$376.9m	1.39M	+30.1% Added
WULFTerawulf Inc.	1.81%	$302.9m	12.26M	+56.3% Added
EMEEmcor	1.74%	$290.4m	350.0K	+56.6% Added
ALABAstera Labs, Inc.	1.64%	$274.5m	568.3K	0.0%
CIFRCipher Digital Inc.	1.63%	$272.6m	11.13M	+1.1% Added
EQTEQT Corporation	1.47%	$245.4m	4.61M	+10.2% Added
CBRSCerebras Systems Inc.	1.45%	$241.9m	1.09M	New
AAOIApplied Optoelectronics, Inc.	1.41%	$236.3m	1.60M	+25.8% Added
CORZCore Scientific, Inc.	1.41%	$235.1m	9.19M	+19.0% Added
APLDApplied Digital Corp.	1.24%	$206.9m	5.55M	−16.8% Reduced
ECHOEchoStar	1.16%	$193.4m	1.91M	New
FPSForgent Power Solutions, Inc.	1.05%	$176.4m	3.16M	New
HUTHut 8 Corp.	0.99%	$166.3m	1.44M	−50.0% Reduced
NVDANVIDIA Corporation	0.96%	$160.2m	800.8K	−6.2% Reduced
AVGOBroadcom	0.92%	$154.0m	407.6K	+733.4% Added
ASMLAsml Holding NV	0.84%	$140.4m	70.5K	0.0%
ACMRACM Research, Inc.	0.80%	$133.7m	1.05M	+10.3% Added
GOOGLAlphabet Inc. (Class A)	0.79%	$132.3m	370.3K	+3119.5% Added
COHRCoherent Corp.	0.75%	$125.9m	319.2K	−75.2% Reduced
SPCXSpace Exploration Technologies Corp	0.60%	$100.8m	589.7K	New
CRDOCredo Technology Group Holding Ltd	0.55%	$91.9m	338.0K	New
AMDAdvanced Micro Devices	0.54%	$90.4m	155.6K	New
RIOTRiot Platforms, Inc.	0.54%	$90.1m	3.29M	−36.4% Reduced
BTDRBitdeer Technologies Group	0.49%	$82.6m	5.20M	+28.6% Added
FRVOFervo Energy Co	0.38%	$63.2m	2.16M	New
STRLSterling Infrastructure, Inc.	0.37%	$61.6m	73.4K	−18.0% Reduced
LGNLegence Corp.	0.35%	$59.0m	692.1K	+124.6% Added
INIOInnio N.V.	0.32%	$53.6m	1.36M	New
LRCXLam Research	0.32%	$52.7m	121.6K	−89.0% Reduced
GEVGE Vernova	0.31%	$52.2m	44.4K	0.0%
AMATApplied Materials	0.30%	$50.3m	69.6K	−90.5% Reduced
BWBabcock & Wilcox Enterprises, Inc.	0.19%	$31.6m	2.24M	New
TACTransalta Corp	0.18%	$29.6m	2.14M	−17.6% Reduced
KEELKeel Infrastructure Corp.	0.18%	$29.6m	5.15M	New
EROCErock, Inc.	0.12%	$19.5m	1.35M	New
BKVBKV Corp	0.11%	$18.6m	679.9K	+110.5% Added
ORCLOracle Corporation	0.10%	$16.9m	115.1K	0.0%
FRMIFermi Inc.	0.07%	$12.5m	1.37M	New
TLNTalen Energy Corp	0.04%	$6.8m	17.7K	−74.6% Reduced
HNRGHallador Energy Co	0.03%	$5.6m	320.8K	0.0%
TSSITSS, Inc.	0.02%	$3.2m	261.5K	−43.2% Reduced
MSFTMicrosoft Corporation	0.00%	$139,509	374	0.0%
METAMeta Platforms	0.00%	$69,848	124	New

Company	Bought (value)	Shares
INTCIntel	$815.7m	5.84M
MUMicron Technology	$593.5m	514.2K
TSMTaiwan Semiconductor Manufacturing Co LTD	$480.8m	1.01M
SNDKSandisk	$469.7m	206.6K
AMZNAmazon	$386.3m	1.62M
BEBloom Energy	$302.8m	1.00M
CRWVCoreweave, Inc.	$259.3m	2.61M
CBRSCerebras Systems Inc.	$241.9m	1.09M
ECHOEchoStar	$193.4m	1.91M
FPSForgent Power Solutions, Inc.	$176.4m	3.16M
IRENIREN Ltd	$169.2m	3.70M
AVGOBroadcom	$135.5m	358.7K
GOOGLAlphabet Inc. (Class A)	$128.2m	358.8K
WULFTerawulf Inc.	$109.0m	4.41M
EMEEmcor	$104.9m	126.4K

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

Company	Sold (value)	Shares
AMATApplied Materials	−$478.7m	−662.1K
LRCXLam Research	−$424.2m	−979.0K
COHRCoherent Corp.	−$381.1m	−966.0K
LITELumentum	−$276.8m	−322.6K
FCXFreeport-McMoRan	−$259.9m	−4.42M
KLACKLA Corporation	−$211.1m	−143.4K
STXSeagate Technology	−$198.1m	−205.3K
WDCWestern Digital	−$196.1m	−307.0K
VRTVertiv	−$168.1m	−502.1K
HUTHut 8 Corp.	−$166.5m	−1.44M
SNOWSnowflake Inc.	−$72.6m	−481.3K
RIOTRiot Platforms, Inc.	−$51.6m	−1.89M
SEISolaris Energy Infrastructure, Inc.	−$50.7m	−897.0K
TSEMTower Semiconductor LTD	−$47.5m	−270.4K
APLDApplied Digital Corp.	−$41.9m	−1.12M

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

Company	Value last quarter	Shares
FCXFreeport-McMoRan	$259.9m	4.42M
KLACKLA Corporation	$211.1m	143.4K
SNOWSnowflake Inc.	$72.6m	481.3K
SEISolaris Energy Infrastructure, Inc.	$50.7m	897.0K
TSEMTower Semiconductor LTD	$47.5m	270.4K
LBRTLiberty Energy Inc.	$36.4m	1.26M

Technology70.1%
Industrials23.2%
Consumer Discretionary2.3%
Communication Services1.9%
Energy1.6%
Utilities0.6%
Financials0.2%
Real Estate0.1%

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 3, 2023 to November 2, 2026	+42.9%	+19.1%	1.07	0.98	−40.4%	1.70
Last three yearsNovember 3, 2023 to November 2, 2026	+45.2%	+21.8%	1.08	1.16	−40.4%	1.81
Last yearNovember 7, 2025 to November 2, 2026	+2.6%	+14.2%	0.20	0.84	−40.4%	2.31

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.