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Saraza Management, LP

Institutional InvestorSimilar funds →SEC EDGAR: CIK 1894188
Institutional-grade research for retail investors

Sector Allocation

  • Technology36.0%$85.9M
  • Financials35.8%$85.4M
  • Consumer Discretionary11.2%$26.6M
  • Industrials10.1%$24.2M
  • Real Estate7.0%$16.8M

AUM History

13fpro.ai/research/fund/saraza-management-lp-1894188

Conviction and streaks

Stable · top 10 = 67.4%

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.

V$VConviction hold8.2% weight · held 5 quartersTSM$TSMConviction hold7.5% weight · held 8 quartersCOF$COFConviction hold7.5% weight · held 7 quartersAON$AONConviction hold7.0% weight · held 10 quartersBN$BNConviction hold7.0% weight · held 6 quartersCOF$COFAccumulating+29% shares · 2 quarters runningNU$NUAccumulating+17% shares · 2 quarters runningCPNG$CPNGAccumulating+25% shares · 2 quarters runningTSM$TSMTrimming-71% shares · 5 quarters runningMSFT$MSFTTrimming-49% shares · 5 quarters runningAPH$APHTrimming-55% shares · 4 quarters runningAMZN$AMZNTrimming-44% shares · 4 quarters runningLPLA$LPLATrimming-51% shares · 3 quarters running

Largest positions — Q2 2026

Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.

13fpro.ai/research/fund/saraza-management-lp-1894188

Saraza Management, LP 13F holdings — Q2 2026

$250.9M portfolio (+5.1% QoQ) · 19 holdings · Q2 2026 13F · top 10 are 67% of the stock portfolio

Includes $11.9M of put/call options ($0 puts, $11.9M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $238.9M. Weights use the stock portfolio.

All holdings — Saraza Management, LP (Q2 2026)

19 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
ADI$ADIANALOG DEVICES INC$12.2M+4%
AMZN$AMZNCALLAMAZON COM INC$11.9MNew
MSFT$MSFTMICROSOFT CORP$11.5M-10%
NVDA$NVDANVIDIA CORP$11.3M+21%
ARES$ARESAres Management Corp$10.7M+60%
STX$STXSeagate Technology Holdings plc$10.0MNew
UNP$UNPUNION PACIFIC CORP$8.2MNew
SITM$SITMSITIME Corp$7.2M-50%
LPLA$LPLALPL Financial Holdings Inc.$6.9M-29%

What changed in Q2 2026

Against the previous quarter's 13F: 3 new, 7 added to, 9 trimmed, 4 sold out. Share-count changes; largest moves by dollar size first.

New positions (3)

  • AMZN$AMZNCALLAMAZON COM INC$11.9M

    first bought this quarter

  • STX$STXSeagate Technology Holdings plc$10.0M

    first bought this quarter

  • UNP$UNPUNION PACIFIC CORP$8.2M

    first bought this quarter

Added to (7)

  • ARES$ARESAres Management Corp+60%

    now $10.7M · held 2 qtrs, 2 adds in a row

  • NVDA$NVDANVIDIA CORP+21%

    now $11.3M · held 2 qtrs, 2 adds in a row

  • CPNG$CPNGCoupang, Inc.+16%

    now $12.5M · held 2 qtrs, 2 adds in a row

  • JCI$JCIJohnson Controls International plc+10%

    now $16.0M · held 3 qtrs

  • NU$NUNu Holdings Ltd.+8%

    now $13.6M · held 6 qtrs, 2 adds in a row

  • COF$COFCAPITAL ONE FINANCIAL CORP+3%

    now $17.9M · held 7 qtrs, 2 adds in a row

+1 more in the Excel export

Trimmed (9)

  • SITM$SITMSITIME Corp-50%

    now $7.2M · held 2 qtrs

  • TSM$TSMTAIWAN SEMICONDUCTOR MANUFACTURING CO LTD-17%

    now $17.9M · held 8 qtrs, 5 trims in a row

  • V$VVISA INC.-14%

    now $19.6M · held 5 qtrs

  • AMZN$AMZNAMAZON COM INC-18%

    now $14.2M · held 10+ qtrs, 5 trims in a row

  • LPLA$LPLALPL Financial Holdings Inc.-29%

    now $6.9M · held 4 qtrs, 3 trims in a row

  • APH$APHAMPHENOL CORP /DE/-15%

    now $15.8M · held 7 qtrs, 4 trims in a row

+3 more in the Excel export

Sold out (4)

  • WCN$WCNWaste Connections, Inc.was $15.9M

    held 2 qtrs

  • INTU$INTUINTUIT INC.was $7.2M

    held 8 qtrs

  • MLM$MLMMARTIN MARIETTA MATERIALS INCwas $6.4M

    held 1 qtr

  • NOK$NOKNOKIA CORPwas $827K

    held 1 qtr

Firm AUM (Form ADV): $366.5M as of 2025-12-31 · SEC IAPD

Share

Holdings by quarter

Every 13F Saraza Management, LP has filed, 17 earlier quarters. Pick one to see what it held then.

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Is it too late to follow Saraza Management?

Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.

Average quality of Saraza Management's top 20 holdings: 74/100 (our AI quality score, weighted by position size; 12 of the 20 are scored)

Top 10 since filing

-7.3%

Value-weighted move of the 10 largest stock positions

Turnover

12%

Last quarter; 56% over the last 4

Top 10 weight

67%

Share of the stock portfolio in its 10 largest positions

Held 4+ quarters

63%

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 2024 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

Saraza Management, LP disclosed 19 positions worth $250.9M in its Form 13F-HR for Q2 2026 — $238.9M in common stock plus $11.9M of put/call option positions (reported at underlying notional value, not premium at risk), led by $V (VISA INC.) at 8.2% of the equity portfolio, followed by $TSM and $COF. During the quarter the fund opened 3 new positions and exited 4 — including a new stake in $AMZN and a full exit from $WCN. The portfolio is most concentrated in Technology (36.0% of disclosed assets). All figures are sourced directly from Saraza Management, LP’s Form 13F-HR filing with the SEC under CIK 1894188.

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AI-Powered Hedge Fund Analysis: Saraza Management, LP

13F Pro is an AI hedge fund tracker and stock research platform. For Saraza Management, LP (SEC CIK: 1894188), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.

Every holding in Saraza Management, LP's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.