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Asset Manager ← All Institutions

Telemark Asset Management, LLC

Q2 2025 · Filed 2025-08-12
Market Value
$940M
+23.8%
Holdings
58
-4
New Purchases
12
Added To
10
Closed
11
Reduced
8
Top 10 Concentration
49.5%
Turnover
39.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CCJ 7.90% 5.42% +2.48% $74M
BA 2.23% 0.00% +2.23% $21M
META 4.71% 2.66% +2.05% $44M
MCHP 1.50% 0.00% +1.50% $14M
TWLO 1.32% 0.00% +1.32% $12M
AMSC 2.69% 1.43% +1.26% $25M
SHOP 1.23% 0.00% +1.23% $12M
KARO 1.17% 0.00% +1.17% $11M
BILL 0.98% 0.00% +0.98% $9M
ASML 0.85% 0.00% +0.85% $8M
NXT 0.58% 0.00% +0.58% $5M
AXON 2.64% 2.08% +0.56% $25M
NOVT 2.06% 1.52% +0.54% $19M
MSFT 0.53% 0.00% +0.53% $5M
BV 2.04% 1.52% +0.51% $19M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VRTX 0.00% 2.55% -2.55% $0
CRH.L 0.00% 1.74% -1.74% $0
AMT 0.00% 1.43% -1.43% $0
NVDA 10.08% 11.42% -1.34% $95M
DE 0.00% 1.24% -1.24% $0
GRMN 2.22% 3.43% -1.21% $21M
WGS 0.00% 1.17% -1.17% $0
TEAM 0.00% 1.12% -1.12% $0
GOOGL 0.56% 1.63% -1.07% $5M
WCN 2.98% 3.86% -0.88% $28M
FFIV 1.25% 2.10% -0.85% $12M
RRC 3.03% 3.68% -0.65% $28M
ADI 2.03% 2.66% -0.63% $19M
CCCS 0.00% 0.59% -0.59% $0
VRRM 0.00% 0.59% -0.59% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 8 $245M 26.0%
Large Cap 26 $499M 53.1%
Mid Cap 10 $115M 12.2%
Small Cap 11 $70M 7.4%
Micro Cap 3 $12M 1.3%

Portfolio Analytics

Avg Market Cap
$381.3B
Median Market Cap
$20.8B
Avg P/E
63.6
Median P/E
32.8
Avg Dividend Yield
0.00%
Avg Beta
1.40
# Stocks
58
# ETFs / Funds
0

Top Holdings (58 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 10.08% 600,000 $95M $157.99 $8M -200,000 -25.0%
2 CCJ 7.90% 1,000,000 $74M $74.23 $33M
3 HEI 4.89% 140,000 $46M $328.00 $9M
4 META 4.71% 60,000 $44M $738.09 $24M +25,000 +71.4%
5 CSGP 4.70% 550,000 $44M $80.40 $5M +50,000 +10.0%
6 AMZN 4.67% 200,000 $44M $219.39 $6M
7 HEI-A 3.44% 125,000 $32M $258.75 $6M
8 EQT 3.10% 500,000 $29M $58.32 $8M +100,000 +25.0%
9 RRC 3.03% 700,000 $28M $40.67 $518K
10 WCN 2.98% 150,000 $28M $186.72 -$1M
11 TSM 2.89% 120,000 $27M $226.49 $7M
12 CLH 2.71% 110,000 $25M $231.18 $4M
13 AMSC 2.69% 690,000 $25M $36.69 $14M +90,000 +15.0%
14 AXON 2.64% 30,000 $25M $827.94 $9M
15 TRMB 2.43% 300,000 $23M $75.98 $6M +50,000 +20.0%
16 BA 2.23% 100,000 $21M $209.53 +100,000 NEW
17 GRMN 2.22% 100,000 $21M $208.72 -$5M -20,000 -16.7%
18 NOVT 2.06% 150,000 $19M $128.93 $8M +60,000 +66.7%
19 BV 2.04% 1,150,000 $19M $16.65 $8M +250,000 +27.8%
20 ADI 2.03% 80,000 $19M $238.02 -$1M -20,000 -20.0%
21 FNV 1.74% 100,000 $16M $163.92 $636K
22 ARM 1.72% 100,000 $16M $161.74 $5M
23 BWXT 1.53% 100,000 $14M $144.06 $5M
24 MCHP 1.50% 200,000 $14M $70.37 +200,000 NEW
25 MT 1.34% 400,000 $13M $31.58 $1M
26 GLW 1.34% 240,000 $13M $52.59 $3M +40,000 +20.0%
27 TWLO 1.32% 100,000 $12M $124.36 +100,000 NEW
28 FFIV 1.25% 40,000 $12M $294.32 -$4M -20,000 -33.3%
29 SHOP 1.23% 100,000 $12M $115.35 +100,000 NEW
30 OSIS 1.20% 50,000 $11M $224.86 $2M
31 KARO 1.17% 225,150 $11M $48.98 +225,150 NEW
32 MIR 1.15% 500,000 $11M $21.53 $4M
33 ASPN 1.13% 1,792,424 $11M $5.92 -$1M -100,000 -5.3%
34 ASPI 1.12% 1,425,000 $10M $7.36 $4M -50,000 -3.4%
35 CDXS 1.04% 4,000,000 $10M $2.44 $2M +1,000,000 +33.3%
36 BILL 0.98% 200,000 $9M $46.26 +200,000 NEW
37 ASML 0.85% 10,000 $8M $801.39 +10,000 NEW
38 CLBT 0.85% 500,000 $8M $16.00 -$2M
39 HLMN 0.76% 1,000,000 $7M $7.14 -$2M
40 KOPN 0.65% 4,000,000 $6M $1.53 $3M +1,000,000 +33.3%
41 NXT 0.58% 100,000 $5M $54.37 +100,000 NEW
42 GOOGL 0.56% 30,000 $5M $176.23 -$7M -50,000 -62.5%
43 MSFT 0.53% 10,000 $5M $497.41 +10,000 NEW
44 ARRY 0.31% 500,000 $3M $5.90 +500,000 NEW
45 DORM 0.26% 20,000 $2M $122.67 +20,000 NEW
46 SHLS 0.23% 500,000 $2M $4.25 +500,000 NEW
47 ARBE 0.22% 1,150,000 $2M $1.78 $656K -200,000 -14.8%
48 CCCS —% -$5M -500,000 -100.0% SOLD
49 WGS —% -$9M -100,000 -100.0% SOLD
50 CRH.L —% -$13M -150,000 -100.0% SOLD
51 DE —% -$9M -20,000 -100.0% SOLD
52 VRRM —% -$5M -200,000 -100.0% SOLD
53 SMWB —% -$2M -230,000 -100.0% SOLD
54 AMT —% -$11M -50,000 -100.0% SOLD
55 KRNT —% -$1M -70,000 -100.0% SOLD
56 RXST —% -$3M -100,000 -100.0% SOLD
57 TEAM —% -$8M -40,000 -100.0% SOLD
58 VRTX —% -$19M -40,000 -100.0% SOLD

New Positions

SymbolValue% Port
BA $21M 2.23%
MCHP $14M 1.50%
TWLO $12M 1.32%
SHOP $12M 1.23%
KARO $11M 1.17%
BILL $9M 0.98%
ASML $8M 0.85%
NXT $5M 0.58%
MSFT $5M 0.53%
ARRY $3M 0.31%
DORM $2M 0.26%
SHLS $2M 0.23%

Sold Out Positions

SymbolValue% Port
AMT —%
SMWB —%
DE —%
KRNT —%
RXST —%
WGS —%
VRRM —%
TEAM —%
VRTX —%
CRH.L —%
CCCS —%
View SEC EDGAR Filings for Telemark Asset Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms