Q2 2026 · 299 focused 13F books · Updated Sep 29, 2026 · SEC EDGAR
In Q2 2026, SPCX entered 34 of the 299 most focused 13F books ($49.4B in; none held it a quarter earlier), more than any other stock. D1 Capital Partners L.P. made it 62% of its book. CBRS (19) and NVDA (17) came next. 17 books sold out of CNTA ($1.5B out), the most of any name. Avoro Capital Advisors LLC sold $454.0M. Information Technology names take 6 of the 10 most-opened positions.
13F holdings are filed up to 45 days after quarter-end; positions are as of 2026-06-30 and were broadly public by ~2026-08-14. This is where money WAS, not where it is now.
| # | Stock | Funds opening | Money in | Share of book | Biggest buyer |
|---|---|---|---|---|---|
| 1 | Space Exploration Techn Corp · Industrials · not on the list in Q1 2026 | 34 none held it before | $49.4B | 0.8% median | D1 Capital Partners L.P. $21.5B · 62% of its book |
| 2 | Cerebras Systems Inc · Information Technology · not on the list in Q1 2026 | 19 none held it before | $4.7B | 0.9% median | Altimeter Capital Management, LP $1.6B · 16% of its book |
| 3 | Nvidia Corporation · Information Technology · #1 in Q1 2026 | 17 87 held it before · 24 added | $1.9B | 2.8% median | RK Capital Management, LLC $533.9M · 4.9% of its book |
| 4 | Micron Technology Inc · Information Technology · #3 in Q1 2026 | 14 32 held it before · 11 added | $9.8B | 1.6% median | Situational Awareness LP $5.6B · 28% of its book |
| 5 | DPC Holdings PLC · Materials · not on the list in Q1 2026 | 14 none held it before | $1.3B | 1.9% median | Hill City Capital, LP $377.4M · 8.8% of its book |
| 6 | Intel Corp · Information Technology · not on the list in Q1 2026 | 13 18 held it before · 7 added | $2.7B | 0.6% median | Coatue Management LLC $1.7B · 3.5% of its book |
| 7 | Advanced Micro Devices Inc · Information Technology · not on the list in Q1 2026 | 13 32 held it before · 10 added | $2.0B | 1.4% median | Whale Rock Capital Management LLC $836.8M · 7.0% of its book |
| 8 | Meta Platforms Inc · Communication Services · #18 in Q1 2026 | 12 74 held it before · 25 added | $3.7B | 1.7% median | Pershing Square Inc. $1.8B · 9.2% of its book |
| 9 | Applied Matls Inc · Information Technology · not on the list in Q1 2026 | 12 23 held it before · 2 added | $3.2B | 2.0% median | Alkeon Capital Management LLC $1.1B · 1.5% of its book |
| 10 | Honeywell Aerospace Inc · Industrials · not on the list in Q1 2026 | 12 none held it before | $684.0M | 0.8% median | Unisphere Establishment $458.7M · 3.9% of its book |
| # | Stock | Funds selling out | Money out | Share of book | Biggest seller |
|---|---|---|---|---|---|
| 1 | Centessa Pharmaceuticals PLC · Health Care · not on the list in Q1 2026 | 17 every one of 17 holders · likely a takeover or identifier change | $1.5B | 2.9% median | Avoro Capital Advisors LLC $454.0M · 4.5% of its prior book |
| 2 | Netflix Inc. · Communication Services · not on the list in Q1 2026 | 13 of 37 holders · 11 trimmed | $766.2M | 1.5% median | Tiger Global Management LLC $234.5M · 1.0% of its prior book |
| 3 | · Health Care · not on the list in Q1 2026 | 12 every one of 12 holders · likely a takeover or identifier change | $496.4M | 2.5% median | Venrock Adviser, LLC $130.3M · 4.9% of its prior book |
| 4 | Nvidia Corporation · Information Technology · not on the list in Q1 2026 | 11 of 87 holders · 41 trimmed | $2.8B | 3.9% median | H&H International Investment, LLC $1.3B · 12% of its prior book |
| 5 | Clearwater Analytics Hldgs I · Information Technology · not on the list in Q1 2026 | 11 every one of 11 holders · likely a takeover or identifier change | $253.6M | 0.4% median | Starboard Value LP $129.1M · 2.8% of its prior book |
| 6 | Broadcom Inc · Information Technology · #16 in Q1 2026 | 10 of 42 holders · 13 trimmed | $1.8B | 2.0% median | Tiger Global Management LLC $566.6M · 4.9% of its prior book |
| 7 | Alphabet Inc · Communication Services · #10 in Q1 2026 | 9 of 87 holders · 37 trimmed | $3.1B | 3.5% median | Tiger Global Management LLC $1.4B · 13% of its prior book |
| 8 | Lumentum Hldgs Inc · Information Technology · not on the list in Q1 2026 | 9 of 22 holders · 6 trimmed | $417.4M | 1.9% median | Atreides Management, LP $187.9M · 3.8% of its prior book |
| 9 | Taiwan Semiconductor Manufac · Information Technology · not on the list in Q1 2026 | 8 of 74 holders · 32 trimmed | $3.1B | 3.9% median | Alkeon Capital Management LLC $637.2M · 3.1% of its prior book |
| 10 | Microsoft Corp · Information Technology · #1 in Q1 2026 | 8 of 90 holders · 40 trimmed | $2.0B | 4.0% median | Generation Investment Management LLP $501.8M · 15% of its prior book |
Each fund is compared with its own prior 13F. Money in is the added fraction of the filer's reported value, money out the removed fraction of the prior one; no market price enters. Share of book is the median position size among the funds on that side of the trade. Insider marks are distinct insiders with an open-market purchase within 90 days of quarter end.
| # | Score | Fund | Biggest bet | Biggest move this quarter | Watch |
|---|---|---|---|---|---|
| 1 | 99 | Element Capital Management LLC Hedge fund · 53 names · $3.2B +204% · 93% in top 10 | SPCX$86.5M 2.7% of book | SPCX+$86.5M new position | |
| 2 | 95 | Lynx1 Capital Management LP Hedge fund · 27 names · $865.5M +36.8% · 99% in top 10 | GHRS$356.5M 41% of book | GHRS+$67.2M added | |
| 3 | 94 | Redwood Capital Management, LLC Hedge fund · 25 names · $927.4M +37.6% · 87% in top 10 | VSAT$197.9M 21% of book | VSAT+$197.9M new position | |
| 4 | 94 | Ursa Fund Management, LLC Hedge fund · 20 names · $1.3B +1090% · 99% in top 10 | MSFT$205.2M 16% of book | MSFT+$205.2M new position | |
| 5 | 93 | Avidity Partners Management LP Hedge fund · 45 names · $624.4M +23.6% · 82% in top 10 | DNTH$205.1M 33% of book | MOBI+$10.7M new position | |
| 6 | 93 | Flat Footed LLC Hedge fund · 20 names · $1.3B +42.0% · 94% in top 10 | DHC$218.4M 17% of book | CNR+$89.7M added | |
| 7 | 93 | Hill City Capital, LP Hedge fund · 28 names · $4.3B +53.0% · 80% in top 10 | MTZ$896.6M 21% of book | DPC+$377.4M new position | |
| 8 | 93 | Gendell Jeffrey L Hedge fund · 103 names · $11.3B +54.2% · 80% in top 10 | IESC$7.6B 67% of book | ORCL+$126.3M new position | |
| 9 | 93 | Bain Capital Life Sciences Investors, LLC Hedge fund · 21 names · $1.7B +51.7% · 88% in top 10 | KLRA$497.5M 30% of book | KLRA+$497.5M new position | |
| 10 | 92 | Samsara BioCapital, LLC Hedge fund · 24 names · $1.2B +18.3% · 91% in top 10 | SRRK$379.4M 31% of book | ALMR+$67.2M new position | |
| 11 | 91 | Caligan Partners LP Hedge fund · 25 names · $2.1B +41.5% · 83% in top 10 | LQDA$647.3M 31% of book | MLYS−$75.1M sold out | |
| 12 | 91 | Situational Awareness LP Hedge fund · 23 names · $20.2B +48.0% · 92% in top 10 | SNDK$5.7B 28% of book | MU+$5.6B added | |
| 13 | 91 | Venrock Adviser, LLC Hedge fund · 32 names · $3.3B +23.1% · 82% in top 10 | APGE$1.1B 34% of book | KALV−$130.3M sold out | |
| 14 | 90 | D1 Capital Partners L.P. Hedge fund · 55 names · $34.8B +210% · 77% in top 10 | SPCX$21.5B 62% of book | SPCX+$21.5B new position | |
| 15 | 90 | Bracebridge Capital, LLC Hedge fund · 26 names · $5.5B +48.4% · 97% in top 10 | GLD$233.4M 4.2% of book | GLD−$137.7M trimmed |
Only hedge funds, private equity, family offices and holding companies with an eligible 13F book can appear; index, wealth, pension, insurer and endowment books never do. Each book gets a 0-100 focus score per quarter with no price data (40% top-10 focus adjusted for book size, 20% reported book growth, 40% evidence-adjusted insider co-buy), and the two tables read the position changes of the 299 highest-scoring books that also have a comparable prior filing. Focus is an attention filter, not proof that a manager made money.
Across the 299 most focused 13F books, the names opened by the most funds were SPCX (34 new positions, $49.4B in), CBRS (19 new positions, $4.7B in) and NVDA (17 new positions, $1.9B in). "Opened" means the fund did not hold the name in its prior 13F; money in is the added fraction of the filer's own reported value, never a market price.
The names the most focused books sold out of were CNTA (17 exits, $1.5B out), NFLX (13 exits, $766.2M out) and KALV (12 exits, $496.4M out). An exit is a position present in the prior 13F and absent now; money out is the removed fraction of the prior reported value.
Positively classified conviction filers only: hedge funds, private equity, family offices and holding companies with an eligible 13F book. Index funds, wealth platforms, pensions, insurers, endowments and unclassified filers never appear. 442 such books scored in Q2 2026; the tables read the 299 highest-scoring ones with a comparable prior filing. 13F holdings are filed up to 45 days after quarter-end; positions are as of 2026-06-30 and were broadly public by ~2026-08-14. This is where money WAS, not where it is now.
Source: SEC EDGAR Form 13F and Form 4 (public domain)API / MCPMarkdown twinWhat smart money means here
Capital Rotation reports where institutional capital disclosed rotating, as of the latest public SEC 13F filings. It is data, not investment advice, a recommendation, or a prediction. Filings lag about 45 days and cover long US equity positions only. Past disclosed flows do not indicate future prices. Do your own research; consult a licensed advisor.