Investor: Karthik Sarma
Number of Assets: 31
Reporting Period: Q4 - 2025
Holdings at Report: $9,498,375,758
Return Since Report: -$161,992,016
Return Since Report: -1.71%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Advanced Micro Devices Inc. (AMD) | Equity | +42.06% | 1,635,630 | 3.69% | $214.16 | $203.43 | $350,286,521 | $332,736,211 | -$17,550,310 | -5.01% |
| Airbnb Inc. (ABNB) | Equity | +100% | 2,520,021 | 3.60% | $135.72 | $126.11 | $342,017,250 | $317,799,848 | -$24,217,402 | -7.08% |
| Avis Budget Group Inc. (CAR) | Equity | 0% | 17,430,882 | 23.55% | $128.32 | $145.67 | $2,236,730,778 | $2,539,156,581 | +$302,425,803 | +13.52% |
| Burlington Stores Inc. (BURL) | Equity | 0% | 1,153,720 | 3.51% | $288.85 | $325.42 | $333,252,022 | $375,443,562 | +$42,191,540 | +12.66% |
| Carmax Inc. (KMX) | Equity | +1717.47% | 5,637,803 | 2.29% | $38.64 | $41.84 | $217,844,708 | $235,885,678 | +$18,040,970 | +8.28% |
| Celestica Inc. (CLS) | Equity | -26.10% | 1,014,214 | 3.16% | $295.61 | $281.30 | $299,811,801 | $285,298,398 | -$14,513,403 | -4.84% |
| Comcast Corp. (CMCSA) | Equity | 0% | 969,699 | 0.31% | $29.89 | $28.69 | $28,984,303 | $27,815,816 | -$1,168,487 | -4.03% |
| Credo Technology Group Holding Ltd (CRDO) | Equity | +100% | 111,678 | 0.17% | $143.89 | $93.87 | $16,069,347 | $10,483,214 | -$5,586,133 | -34.76% |
| CVS Health Corp. (CVS) | Equity | -49.66% | 612,778 | 0.51% | $79.36 | $71.82 | $48,630,062 | $44,006,652 | -$4,623,410 | -9.51% |
| Delta Air Lines Inc. (DAL) | Equity | +50.36% | 736,282 | 0.54% | $69.40 | $66.50 | $51,097,971 | $48,959,072 | -$2,138,899 | -4.19% |
| Elevance Health Inc. (ELV) | Equity | 0% | 146,976 | 0.54% | $350.55 | $293.11 | $51,522,437 | $43,080,135 | -$8,442,302 | -16.39% |
| Fabrinet (FN) | Equity | +100% | 141,220 | 0.68% | $455.28 | $524.21 | $64,294,642 | $74,028,936 | +$9,734,294 | +15.14% |
| Global-E Online Ltd. (GLBE) | Equity | +203.41% | 896,717 | 0.37% | $39.31 | $30.79 | $35,249,945 | $27,609,916 | -$7,640,029 | -21.67% |
| Hesai Group (HSAI) | Equity | +100% | 558,767 | 0.13% | $22.40 | $19.15 | $12,516,381 | $10,700,388 | -$1,815,993 | -14.51% |
| The Home Depot Inc. (HD) | Equity | 0% | 180,302 | 0.65% | $344.10 | $328.05 | $62,041,918 | $59,148,071 | -$2,893,847 | -4.66% |
| Hut 8 Corp. (HUT) | Equity | +100% | 2,869,797 | 1.39% | $45.94 | N/A | $131,838,474 | N/A | N/A | N/A |
| Lowe'S Companies Inc. (LOW) | Equity | 0% | 126,488 | 0.32% | $241.16 | $236.26 | $30,503,846 | $29,884,055 | -$619,791 | -2.03% |
| Meta Platforms Inc. (META) | Equity | 0% | 743,500 | 5.17% | $660.09 | $570.25 | $490,776,915 | $423,980,875 | -$66,796,040 | -13.61% |
| Mongodb Inc. (MDB) | Equity | -2.62% | 525,609 | 2.32% | $419.69 | $244.77 | $220,592,841 | $128,653,315 | -$91,939,526 | -41.68% |
| Netflix Inc. (NFLX) | Equity | +900.00% | 15,184,530 | 14.99% | $93.76 | $96.12 | $1,423,701,533 | $1,459,537,024 | +$35,835,491 | +2.52% |
| Nvidia Corp. (NVDA) | Equity | +3.03% | 3,300,724 | 6.48% | $186.50 | $174.21 | $615,585,026 | $575,019,128 | -$40,565,898 | -6.59% |
| PDD Holdings Inc. (PDD) | Equity | -61.69% | 1,016,859 | 1.21% | $113.39 | $102.18 | $115,301,642 | $103,902,653 | -$11,398,989 | -9.89% |
| Planet Fitness Inc. (PLNT) | Equity | +4.55% | 4,877,578 | 5.57% | $108.47 | $74.39 | $529,070,886 | $362,843,027 | -$166,227,859 | -31.42% |
| Roblox Corp. (RBLX) | Equity | +100% | 2,937,990 | 2.51% | $81.03 | $56.70 | $238,065,330 | $166,584,033 | -$71,481,297 | -30.03% |
| Spotify Technology S.A. (SPOT) | Equity | 0% | 147,109 | 0.90% | $580.71 | $485.45 | $85,427,667 | $71,414,064 | -$14,013,603 | -16.40% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | -35.84% | 508,726 | 1.63% | $303.89 | $337.70 | $154,596,744 | $171,796,770 | +$17,200,026 | +11.13% |
| Tapestry Inc. (TPR) | Equity | 0% | 5,045,999 | 6.79% | $127.77 | $141.90 | $644,727,292 | $716,017,166 | +$71,289,874 | +11.06% |
| Trip.Com Group Limited (TCOM) | Equity | 0% | 756,185 | 0.57% | $71.91 | $49.81 | $54,377,263 | $37,661,794 | -$16,715,469 | -30.74% |
| Twilio Inc. (TWLO) | Equity | +100% | 1,810,278 | 2.71% | $142.24 | $125.76 | $257,493,943 | $227,660,561 | -$29,833,382 | -11.59% |
| United Airlines Holdings Inc. (UAL) | Equity | +0.09% | 2,903,678 | 3.42% | $111.82 | $91.97 | $324,689,274 | $267,051,266 | -$57,638,008 | -17.75% |
| Warby Parker Inc. (WRBY) | Equity | +100% | 1,435,383 | 0.33% | $21.79 | $21.17 | $31,276,996 | $30,387,058 | -$889,938 | -2.85% |