Nishkama Capital, LLC
Sector Allocation
- Technology67.3%$596.5M
- Real Estate12.8%$113.4M
- Energy5.0%$44.2M
- Materials4.7%$42.0M
- Industrials3.4%$30.5M
- Communication Services3.4%$30.0M
- Financials2.2%$19.6M
- Consumer Discretionary1.1%$9.9M
AUM History
13fpro.ai/research/fund/nishkama-capital-llc-1633799
Conviction and streaks
Concentrating · top 10 = 60.5%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
EQIX
$113.4MAMD
$92.9MSTX
$72.7MVRSN
$54.9MINTC
$42.3MSTM
$39.5MAMAT
$39.1MFWONA
$30.0MASML
$25.7MWMB
$25.7MSNDK
$25.4MLRCX
$23.0MFCX
$21.2MENTG
$20.9MBWA
$20.2MRDDT
$20.1MWDC
$20.0MTTMI
$19.8MVECO
$18.8MEQT
$18.5M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/nishkama-capital-llc-1633799
Nishkama Capital, LLC 13F holdings — Q2 2026
$3.2B portfolio (+104.8% QoQ) · 61 holdings · Q2 2026 13F · top 10 are 61% of the stock portfolio
Includes $2.4B of put/call options ($1.7B puts, $698.1M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $886.2M. Weights use the stock portfolio.
$113.4M
12.8% of stocks
-18%This quarter-12.2%Since filed2 qtrsHeld$92.9M
10.5% of stocks
+71%This quarter+3.3%Since filed2 qtrsHeld$72.7M
8.2% of stocks
+50%This quarter-33.8%Since filed3 qtrsHeld$54.9M
6.2% of stocks
+815%This quarter+8.6%Since filed2 qtrsHeld$42.3M
4.8% of stocks
NewThis quarter-11.7%Since filedNew this quarterHeld$39.5M
4.5% of stocks
-37%This quarter-16.8%Since filed2 qtrsHeld$39.1M
4.4% of stocks
-36%This quarter-23.6%Since filed2 qtrsHeld$30.0M
3.4% of stocks
+75%This quarter-13.7%Since filed2 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$25.7M
2.9% of stocks
-45%This quarter-13.7%Since filed2 qtrsHeld$25.7M
2.9% of stocks
-31%This quarter-4.6%Since filed4 qtrsHeld
All holdings — Nishkama Capital, LLC (Q2 2026)
61 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | SPDR S&P 500 ETF TRUST | — | $538.4M | — | 721K | +82% | — | — | 13F | |
| 12 | INVESCO QQQ TRUST, SERIES 1 | — | $538.3M | — | 731K | +211% | — | — | 13F | |
| 13 | — PUT | VANECK ETF TRUST - SEMICONDUCTR ETF | — | $203.3M | — | 310K | -10% | — | — | 13F |
| 14 | — PUT | ISHARES TR - ISHARES SEMICDTR | — | $166.6M | — | 260K | New | — | — | 13F |
| 15 | Alphabet Inc. | Technology | $131.8M | — | 369K | +700% | — | — | 13F | |
| 16 | VERISIGN INC/CA | Technology | $76.7M | — | 305K | New | — | — | 13F | |
| 17 | ServiceNow, Inc. | Technology | $65.5M | — | 660K | New | — | — | 13F | |
| 18 | VISA INC. | Financials | $64.3M | — | 188K | New | — | — | 13F | |
| 19 | NVIDIA CORP | Technology | $64.3M | — | 321K | New | — | — | 13F | |
| 20 | Salesforce, Inc. | Technology | $62.7M | — | 400K | New | — | — | 13F | |
| 21 | MICROSOFT CORP | Technology | $54.6M | — | 147K | New | — | — | 13F | |
| 22 | HOME DEPOT, INC. | Consumer Discretionary | $51.1M | — | 145K | New | — | — | 13F | |
| 23 | Mastercard Inc | Financials | $47.5M | — | 93K | New | — | — | 13F | |
| 24 | Meta Platforms, Inc. | Technology | $39.4M | — | 70K | New | — | — | 13F | |
| 25 | Okta, Inc. | Technology | $36.8M | — | 270K | New | — | — | 13F | |
| 26 | $NFLX CALL | NETFLIX INC | Communication Services | $30.0M | — | 420K | New | |||
| 27 | $TEAM CALL | Atlassian Corp | Technology | $27.0M | — | 348K | New | |||
| 28 | $ASML CALL | ASML HOLDING NV | Technology | $26.9M | — | 14K | New | |||
| 29 | $SNDK | Sandisk Corp | Technology | $25.4M | 2.9% | 11K | New | |||
| 30 | $MU CALL | MICRON TECHNOLOGY INC | Technology | $24.8M | — | 22K | New | |||
| 31 | $LRCX | LAM RESEARCH CORP | Technology | $23.0M | 2.6% | 53K | New | |||
| 32 | $GEV CALL | GE Vernova Inc. | Industrials | $22.4M | — | 19K | New | |||
| 33 | $FCX | FREEPORT-MCMORAN INC | Materials | $21.2M | 2.4% | 337K | +102% | |||
| 34 | $ENTG | ENTEGRIS INC | Materials | $20.9M | 2.4% | 116K | +3% | |||
| 35 | $BWA | BORGWARNER INC | Industrials | $20.2M | 2.3% | 305K | New | |||
| 36 | $RDDT | Reddit, Inc. | Technology | $20.1M | 2.3% | 116K | New | |||
| 37 | $WDC | WESTERN DIGITAL CORP | Technology | $20.0M | 2.3% | 31K | New | |||
| 38 | $TTMI | TTM TECHNOLOGIES INC | Technology | $19.8M | 2.2% | 106K | New | |||
| 39 | $VECO | VEECO INSTRUMENTS INC | Technology | $18.8M | 2.1% | 248K | +311% | |||
| 40 | $EQT | EQT Corp | Energy | $18.5M | 2.1% | 349K | -6% | |||
| 41 | $AMZN PUT | AMAZON COM INC | Consumer Discretionary | $18.5M | — | 78K | New | |||
| 42 | $MDB | MongoDB, Inc. | Technology | $16.6M | 1.9% | 50K | New | |||
| 43 | $APP | AppLovin Corp | Technology | $15.0M | 1.7% | 29K | New | |||
| 44 | $QCOM CALL | QUALCOMM INC/DE | Technology | $14.7M | — | 80K | New | |||
| 45 | $NOK | NOKIA CORP | Technology | $13.8M | 1.6% | 1.04M | New | |||
| 46 | — CALL | ISHARES TR - ISHARES SEMICDTR | — | $13.7M | — | 21K | New | |||
| 47 | $SHLS | Shoals Technologies Group, Inc. | Technology | $12.7M | 1.4% | 1.28M | -36% | |||
| 48 | $TWLO | TWILIO INC | Technology | $12.3M | 1.4% | 59K | New | |||
| 49 | $CORZ | Core Scientific, Inc./tx | Financials | $12.0M | 1.4% | 470K | -27% | |||
| 50 | $LITE CALL | Lumentum Holdings Inc. | Technology | $11.4M | — | 13K | New | |||
| 51 | — CALL | ISHARES INC - MSCI STH KOR ETF | — | $10.5M | — | 52K | New | |||
| 52 | $BIDU | Baidu, Inc. | Technology | $10.3M | 1.2% | 90K | +7% | |||
| 53 | $CDW | CDW Corp | Consumer Discretionary | $9.9M | 1.1% | 70K | New | |||
| 54 | $OKTA | Okta, Inc. | Technology | $9.7M | 1.1% | 71K | New | |||
| 55 | $CIEN CALL | CIENA CORP | Technology | $9.7M | — | 20K | New | |||
| 56 | $MRVL CALL | Marvell Technology, Inc. | Technology | $8.1M | — | 27K | New | |||
| 57 | $GDS | GDS Holdings Ltd | Technology | $8.0M | 0.9% | 266K | -47% | |||
| 58 | $BTDR | Bitdeer Technologies Group | Financials | $7.6M | 0.8% | 477K | New | |||
| 59 | $UAL | United Airlines Holdings, Inc. | Industrials | $7.2M | 0.8% | 53K | New | |||
| 60 | $MKSI | MKS INC | Technology | $3.8M | 0.4% | 8,600 | New | |||
| 61 | $AZ | A2Z CUST2MATE SOLUTIONS CORP. | Industrials | $3.0M | 0.3% | 517K | +9% |
What changed in Q2 2026
Against the previous quarter's 13F: 39 new, 12 added to, 10 trimmed, 30 sold out. Share-count changes; largest moves by dollar size first.
New positions (39)
- PUTISHARES TR - ISHARES SEMICDTR$166.6M
first bought this quarter
first bought this quarter
$NOWCALLServiceNow, Inc.$65.5M
first bought this quarter
$VCALLVISA INC.$64.3M
first bought this quarter
$NVDAPUTNVIDIA CORP$64.3M
first bought this quarter
$CRMCALLSalesforce, Inc.$62.7M
first bought this quarter
+33 more in the Excel export
Added to (12)
$QQQPUTINVESCO QQQ TRUST, SERIES 1+211%
now $538.3M
$SPYPUTSPDR S&P 500 ETF TRUST+82%
now $538.4M
$GOOGLPUTAlphabet Inc.+700%
now $131.8M
now $54.9M · held 2 qtrs, 2 adds in a row
now $92.9M · held 2 qtrs, 2 adds in a row
now $72.7M · held 3 qtrs, 3 adds in a row
+6 more in the Excel export
Trimmed (10)
now $113.4M · held 2 qtrs
now $39.5M · held 2 qtrs
- PUTVANECK ETF TRUST - SEMICONDUCTR ETF-10%
now $203.3M
now $39.1M · held 2 qtrs
now $25.7M · held 2 qtrs
now $25.7M · held 4 qtrs
+4 more in the Excel export
Holdings by quarter
Every 13F Nishkama Capital, LLC has filed, 30 earlier quarters. Pick one to see what it held then.
Is it too late to follow Nishkama Capital?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Nishkama Capital's top 20 holdings: 67/100 (our AI quality score, weighted by position size; 17 of the 20 are scored)
Top 10 since filing
-11.2%
Value-weighted move of the 10 largest stock positions
Turnover
51%
Last quarter; 206% over the last 4
Top 10 weight
61%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
8%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2025 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Nishkama Capital, LLC disclosed 61 positions worth $3.2B in its Form 13F-HR for Q2 2026 — $886.2M in common stock plus $2.4B of put/call option positions (reported at underlying notional value, not premium at risk), led by $EQIX (EQUINIX INC) at 12.8% of the equity portfolio, followed by $AMD and $STX. During the quarter the fund opened 39 new positions and exited 30 and a full exit from $EQIX. The portfolio is most concentrated in Technology (67.3% of disclosed assets). All figures are sourced directly from Nishkama Capital, LLC’s Form 13F-HR filing with the SEC under CIK 1633799.
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