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Asset Manager ← All Institutions

SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC

Q4 2025 · Filed 2026-02-17
Market Value
$3.6B
+16.6%
Holdings
91
-3
New Purchases
21
Added To
21
Closed
22
Reduced
22
Top 10 Concentration
37.6%
Turnover
47.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CDTX 2.97% 0.41% +2.56% $105M
GH 2.45% 0.23% +2.22% $87M
NTRA 2.63% 0.65% +1.97% $93M
IONS 3.26% 1.61% +1.65% $116M
SNDK 4.94% 3.30% +1.64% $176M
FROG 2.79% 1.39% +1.40% $99M
SITM 1.23% 0.00% +1.23% $44M
UPWK 1.13% 0.00% +1.13% $40M
AORT 1.11% 0.00% +1.11% $39M
PVLA 1.15% 0.07% +1.07% $41M
MU 1.04% 0.00% +1.04% $37M
CRDO 2.44% 1.47% +0.97% $87M
FIVE 0.90% 0.00% +0.90% $32M
ARWR 0.88% 0.00% +0.88% $31M
CSTL 1.16% 0.30% +0.86% $41M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VRNA 0.00% 6.25% -6.25% $0
CVLT 0.00% 2.45% -2.45% $0
MELI 0.00% 1.39% -1.39% $0
TSM 1.51% 2.80% -1.29% $54M
WAY 0.18% 1.43% -1.25% $6M
SPOT 3.33% 4.50% -1.17% $118M
AXON 0.00% 0.99% -0.99% $0
SNOW 0.87% 1.84% -0.98% $31M
GEV 4.47% 5.41% -0.94% $159M
ALAB 2.39% 3.27% -0.89% $85M
FND 0.00% 0.85% -0.85% $0
HUBS 0.00% 0.74% -0.74% $0
MKSI 1.71% 2.42% -0.70% $61M
POWL 0.76% 1.43% -0.66% $27M
KLAC 0.00% 0.60% -0.60% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 9 $658M 18.5%
Large Cap 45 $2.0B 55.2%
Mid Cap 26 $626M 17.6%
Small Cap 10 $308M 8.7%
Micro Cap 1 $0 0.0%

Portfolio Analytics

Avg Market Cap
$191.2B
Median Market Cap
$12.4B
Avg P/E
73.2
Median P/E
48.6
Avg Dividend Yield
0.00%
Avg Beta
1.40
# Stocks
91
# ETFs / Funds
0

Top Holdings (91 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SNDK 4.94% 739,745 $176M $237.38 $75M -156,255 -17.4%
2 GEV 4.47% 243,322 $159M $653.57 -$6M -25,000 -9.3%
3 INSM 4.45% 909,080 $158M $174.04 $8M -132,765 -12.7%
4 NVDA 4.08% 776,861 $145M $186.50 $37M +197,861 +34.2%
5 MDB 3.50% 296,682 $125M $419.69 $40M +24,506 +9.0%
6 WGS 3.37% 920,587 $120M $130.06 $31M +97,020 +11.8%
7 SPOT 3.33% 203,808 $118M $580.71 -$19M +7,147 +3.6%
8 IONS 3.26% 1,462,706 $116M $79.11 $67M +712,706 +95.0%
9 TSEM 3.18% 962,458 $113M $117.42 $36M -109,589 -10.2%
10 CVNA 3.00% 253,000 $107M $422.02 $20M +22,194 +9.6%
11 CDTX 2.97% 477,527 $105M $220.89 $93M +347,527 +267.3%
12 FROG 2.79% 1,587,525 $99M $62.46 $57M +694,700 +77.8%
13 SEI 2.68% 2,076,324 $95M $45.97 $24M +280,014 +15.6%
14 NTRA 2.63% 407,653 $93M $229.09 $73M +284,066 +229.8%
15 RDDT 2.45% 379,500 $87M $229.87 -$2M -10,000 -2.6%
16 GH 2.45% 851,958 $87M $102.14 $80M +741,958 +674.5%
17 CRDO 2.44% 601,886 $87M $143.89 $42M +294,886 +96.0%
18 ALAB 2.39% 510,000 $85M $166.36 -$15M
19 RBRK 2.12% 985,000 $75M $76.48 $589K +76,255 +8.4%
20 ARGX 1.95% 82,620 $69M $840.95 $1M -9,834 -10.6%
21 AEIS 1.89% 320,918 $67M $209.37 $25M +70,130 +28.0%
22 BBIO 1.75% 813,794 $62M $76.49 $20M +7,084 +0.9%
23 MKSI 1.71% 381,500 $61M $159.80 -$13M -214,632 -36.0%
24 COMP 1.54% 5,185,000 $55M $10.57 $12M -115,000 -2.2%
25 IOT 1.54% 1,544,499 $55M $35.45 -$9M -157,906 -9.3%
26 MSFT 1.54% 113,163 $55M $483.62 -$9M -9,570 -7.8%
27 TSM 1.51% 176,500 $54M $303.89 -$32M -128,725 -42.2%
28 SIMO 1.39% 534,932 $50M $92.70 -$3M -23,073 -4.1%
29 CEG 1.29% 130,000 $46M $353.27 $3M
30 SITM 1.23% 123,958 $44M $353.19 +123,958 NEW
31 XMTR 1.17% 700,381 $42M $59.47 -$4M -138,198 -16.5%
32 CSTL 1.16% 1,058,725 $41M $38.90 $32M +658,725 +164.7%
33 PVLA 1.15% 389,420 $41M $104.67 $39M +354,525 +1016.0%
34 UPWK 1.13% 2,025,000 $40M $19.82 +2,025,000 NEW
35 SKY 1.12% 470,832 $40M $84.50 $2M -21,938 -4.5%
36 AORT 1.11% 863,867 $39M $45.61 +863,867 NEW
37 MU 1.04% 130,100 $37M $285.41 +130,100 NEW
38 VRT 1.03% 226,965 $37M $162.01 $3M
39 HTFL 1.03% 1,259,121 $37M $29.15 $8M +410,659 +48.4%
40 FIVE 0.90% 170,000 $32M $188.36 +170,000 NEW
41 ARWR 0.88% 470,000 $31M $66.39 +470,000 NEW
42 SNOW 0.87% 140,461 $31M $219.36 -$25M -108,983 -43.7%
43 ESTA 0.80% 391,850 $29M $72.88 $11M -38,310 -8.9%
44 VIAV 0.80% 1,599,365 $29M $17.82 $3M -423,635 -20.9%
45 POWL 0.76% 84,963 $27M $318.78 -$16M -57,799 -40.5%
46 FSLR 0.73% 100,000 $26M $261.23 $13M +40,000 +66.7%
47 DY 0.64% 67,000 $23M $337.90 +67,000 NEW
48 LRCX 0.64% 132,000 $23M $171.18 +132,000 NEW
49 BRZE 0.63% 651,000 $22M $34.29 +651,000 NEW
50 FIX 0.53% 20,000 $19M $933.29 -$14M -20,000 -50.0%
51 ZETA 0.51% 886,141 $18M $20.35 $2M +104,126 +13.3%
52 ODFL 0.44% 100,000 $16M $156.80 +100,000 NEW
53 VIA 0.40% 490,625 $14M $29.01 +490,625 NEW
54 DOCN 0.38% 284,000 $14M $48.12 +284,000 NEW
55 MIR 0.33% 500,000 $12M $23.42 $80K
56 AMZN 0.29% 44,000 $10M $230.82 +44,000 NEW
57 KMTS 0.26% 350,000 $9M $26.52 +350,000 NEW
58 JOBY 0.26% 700,000 $9M $13.20 +700,000 NEW
59 TRMB 0.20% 93,000 $7M $78.35 +93,000 NEW
60 WAY 0.18% 196,723 $6M $32.75 -$37M -950,474 -82.8%
61 AGYS 0.18% 54,000 $6M $118.84 +54,000 NEW
62 TTAN 0.16% 53,000 $6M $106.50 +53,000 NEW
63 VEEV 0.13% 20,000 $4M $223.23 -$1M
64 AMBQ 0.10% 123,597 $4M $28.50 $722K +30,000 +32.0%
65 CRUS 0.06% 18,000 $2M $118.50 -$498K -3,000 -14.3%
66 ADI 0.05% 7,000 $2M $271.20 -$559K -3,000 -30.0%
67 BLLN 0.05% 19,783 $2M $81.84 +19,783 NEW
68 LITE 0.03% 3,000 $1M $368.59 +3,000 NEW
69 CLS 0.02% 3,000 $887K $295.61 +3,000 NEW
70 AAON —% -$14M -150,000 -100.0% SOLD
71 STM —% -$2M -60,000 -100.0% SOLD
72 LENZ —% -$15M -323,857 -100.0% SOLD
73 VRNA —% -$191M -1,785,407 -100.0% SOLD
74 ESTC —% -$17M -200,000 -100.0% SOLD
75 KLAC —% -$18M -17,100 -100.0% SOLD
76 HUBS —% -$22M -48,000 -100.0% SOLD
77 PAY —% -$5M -158,000 -100.0% SOLD
78 ADPT —% -$15M -998,252 -100.0% SOLD
79 IRM —% -$9M -85,000 -100.0% SOLD
80 AKRO —% -$18M -377,152 -100.0% SOLD
81 BLND —% -$4M -1,230,000 -100.0% SOLD
82 MNDY —% -$3M -15,000 -100.0% SOLD
83 UPST —% -$15M -300,000 -100.0% SOLD
84 MELI —% -$42M -18,176 -100.0% SOLD
85 FND —% -$26M -350,000 -100.0% SOLD
86 ANET —% -$2M -13,967 -100.0% SOLD
87 AMPL —% -$5M -491,000 -100.0% SOLD
88 AXON —% -$30M -42,015 -100.0% SOLD
89 GDS —% -$2M -46,000 -100.0% SOLD
90 CVLT —% -$75M -396,563 -100.0% SOLD
91 TER —% -$1M -9,500 -100.0% SOLD

Options Breakdown

65 Calls $344M Call Value 63 Puts $910M Put Value 2.65 P/C Ratio

Top Calls

SymbolSharesValueStatus
AMZN 200,000 $46M NEW
HUBS 90,000 $36M
HD 100,000 $34M NEW
RCL 115,000 $32M NEW
PANW 150,000 $28M NEW
DDOG 200,000 $27M NEW
CRWD 50,000 $23M NEW
CRDO 110,000 $16M
ODFL 100,000 $16M NEW
ARWR 200,000 $13M NEW

Top Puts

SymbolSharesValueStatus
INSM 540,000 $94M
SNDK 330,000 $78M
SEI 1,560,000 $72M
SPOT 114,000 $66M
MDB 150,000 $63M
CVNA 144,000 $61M
SMH 150,000 $54M NEW
CRDO 325,000 $47M NEW
META 70,000 $46M NEW
NVDA 200,000 $37M

New Positions

SymbolValue% Port
SITM $44M 1.23%
UPWK $40M 1.13%
AORT $39M 1.11%
MU $37M 1.04%
FIVE $32M 0.90%
ARWR $31M 0.88%
DY $23M 0.64%
LRCX $23M 0.64%
BRZE $22M 0.63%
ODFL $16M 0.44%
VIA $14M 0.40%
DOCN $14M 0.38%
AMZN $10M 0.29%
KMTS $9M 0.26%
JOBY $9M 0.26%

Sold Out Positions

SymbolValue% Port
ESTC —%
HUBS —%
ANET —%
IRM —%
BLND —%
STM —%
PAY —%
FND —%
ADPT —%
AXON —%
CVLT —%
AAON —%
LENZ —%
MNDY —%
KLAC —%
View SEC EDGAR Filings for SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC →

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