Investor: Karthik Sarma
Number of Assets: 28
Reporting Period: Q3 - 2025
Holdings at Report: $9,183,903,590
Return Since Report: -$2,050,882,190
Return Since Report: -22.33%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Caris Life Sciences INC | Equity | 0% | 50,000 | 0.02% | $30.25 | $0.00 | $1,512,500 | $0 | -$1,512,500 | -100% |
| CVS Health Corp. (CVS) | Equity | 0% | 1,217,292 | 1.00% | $75.39 | $79.62 | $91,771,644 | $96,920,789 | +$5,149,145 | +5.61% |
| Lithia Motors Inc. (LAD) | Equity | 0% | 8,705 | 0.03% | $316.00 | $346.32 | $2,750,780 | $3,014,716 | +$263,936 | +9.59% |
| Nvidia Corp. (NVDA) | Equity | +20.75% | 3,203,631 | 6.51% | $186.58 | $177.18 | $597,733,471 | $567,603,322 | -$30,130,149 | -5.04% |
| Align Technology Inc. (ALGN) | Equity | +94.67% | 146,354 | 0.20% | $125.22 | $163.64 | $18,326,448 | $23,949,369 | +$5,622,921 | +30.68% |
| Trip.Com Group Limited (TCOM) | Equity | 0% | 756,185 | 0.62% | $75.20 | $70.90 | $56,865,112 | $53,613,517 | -$3,251,596 | -5.72% |
| Burlington Stores Inc. (BURL) | Equity | -21.63% | 1,153,720 | 3.20% | $254.50 | $267.87 | $293,621,742 | $309,046,976 | +$15,425,234 | +5.25% |
| Comcast Corp. (CMCSA) | Equity | 0% | 969,699 | 0.33% | $31.42 | $28.23 | $30,467,942 | $27,374,603 | -$3,093,339 | -10.15% |
| The Home Depot Inc. (HD) | Equity | +100% | 180,302 | 0.80% | $405.19 | $357.41 | $73,056,567 | $64,440,836 | -$8,615,731 | -11.79% |
| Netflix Inc. (NFLX) | Equity | -7.10% | 1,518,454 | 19.82% | $1,198.92 | $93.92 | $1,820,504,869 | $142,605,607 | -$1,677,899,262 | -92.17% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | 0% | 792,859 | 2.41% | $279.29 | $290.41 | $221,437,590 | $230,254,182 | +$8,816,592 | +3.98% |
| Wolverine World Wide Inc. (WWW) | Equity | +142.98% | 504,498 | 0.15% | $27.44 | $18.43 | $13,843,425 | $9,297,898 | -$4,545,527 | -32.84% |
| Avis Budget Group Inc. (CAR) | Equity | 0% | 17,430,882 | 30.48% | $160.57 | $129.05 | $2,798,963,877 | $2,249,455,322 | -$549,508,555 | -19.63% |
| Centene Corp. (CNC) | Equity | +100% | 125,788 | 0.05% | $35.68 | $40.78 | $4,488,115 | $5,129,006 | +$640,891 | +14.28% |
| Global-E Online Ltd. (GLBE) | Equity | 0% | 295,549 | 0.12% | $35.76 | $38.87 | $10,568,833 | $11,487,990 | +$919,157 | +8.70% |
| Mongodb Inc. (MDB) | Equity | -61.36% | 539,727 | 1.82% | $310.38 | $418.36 | $167,520,466 | $225,800,188 | +$58,279,722 | +34.79% |
| Spotify Technology S.A. (SPOT) | Equity | 0% | 147,109 | 1.12% | $698.00 | $577.30 | $102,682,082 | $84,925,290 | -$17,756,792 | -17.29% |
| Advanced Micro Devices Inc. (AMD) | Equity | +100% | 1,151,405 | 2.03% | $161.79 | $210.78 | $186,285,814 | $242,693,146 | +$56,407,332 | +30.28% |
| Tapestry Inc. (TPR) | Equity | -5.38% | 5,045,999 | 6.22% | $113.22 | $124.32 | $571,308,007 | $627,293,366 | +$55,985,359 | +9.80% |
| United Airlines Holdings Inc. (UAL) | Equity | 0% | 2,901,113 | 3.05% | $96.50 | $106.68 | $279,957,405 | $309,490,735 | +$29,533,330 | +10.55% |
| Celestica Inc. (CLS) | Equity | +58.36% | 1,372,416 | 3.68% | $246.38 | $309.81 | $338,135,856 | $425,188,201 | +$87,052,345 | +25.74% |
| Elevance Health Inc. (ELV) | Equity | +0.41% | 146,976 | 0.52% | $323.12 | $361.30 | $47,490,886 | $53,102,429 | +$5,611,543 | +11.82% |
| Meta Platforms Inc. (META) | Equity | -8.76% | 743,500 | 5.95% | $734.38 | $652.04 | $546,011,530 | $484,791,740 | -$61,219,790 | -11.21% |
| Planet Fitness Inc. (PLNT) | Equity | 0% | 4,665,433 | 5.27% | $103.80 | $109.69 | $484,271,945 | $511,751,346 | +$27,479,401 | +5.67% |
| Carmax Inc. (KMX) | Equity | +100% | 310,200 | 0.15% | $44.87 | $41.36 | $13,918,674 | $12,829,872 | -$1,088,802 | -7.82% |
| Delta Air Lines Inc. (DAL) | Equity | +100% | 489,675 | 0.30% | $56.75 | $70.79 | $27,789,056 | $34,664,093 | +$6,875,037 | +24.74% |
| Lowe'S Companies Inc. (LOW) | Equity | +100% | 126,488 | 0.35% | $251.31 | $248.20 | $31,787,699 | $31,393,689 | -$394,010 | -1.24% |
| PDD Holdings Inc. (PDD) | Equity | -34.69% | 2,654,394 | 3.82% | $132.17 | $111.10 | $350,831,255 | $294,903,173 | -$55,928,082 | -15.94% |