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Asset Manager ← All Institutions

Nearwater Capital Markets, Ltd

Q4 2025 · Filed 2026-02-17
Market Value
$5.8B
-22.0%
Holdings
178
+22
New Purchases
38
Added To
21
Closed
77
Reduced
18
Top 10 Concentration
47.0%
Turnover
64.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VEA 5.07% 0.00% +5.07% $295M
GOOGL 7.05% 3.25% +3.79% $410M
MU 3.39% 0.77% +2.62% $197M
META 4.65% 2.28% +2.38% $271M
WMT 3.18% 0.90% +2.28% $185M
MRVL 2.18% 0.00% +2.18% $127M
GDXJ 3.21% 1.14% +2.07% $187M
LRCX 2.41% 0.70% +1.71% $140M
FXI 1.83% 0.52% +1.32% $107M
LUV 1.99% 0.68% +1.31% $116M
VT 1.28% 0.00% +1.28% $74M
GILD 2.14% 0.88% +1.26% $124M
TERN 1.18% 0.00% +1.18% $69M
VCIT 1.13% 0.00% +1.13% $66M
INSM 1.50% 0.39% +1.11% $87M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IVV 0.00% 11.22% -11.22% $0
NVDA 5.97% 10.34% -4.37% $347M
GS 0.00% 2.82% -2.82% $0
PLTR 0.00% 2.18% -2.18% $0
MS 0.00% 1.96% -1.96% $0
GOOG 0.00% 1.85% -1.85% $0
RY 0.00% 1.46% -1.46% $0
AMD 0.00% 1.39% -1.39% $0
AAPL 3.58% 4.68% -1.09% $208M
AMZN 1.09% 2.07% -0.98% $63M
HD 0.00% 0.94% -0.94% $0
BRK-B 0.35% 1.25% -0.90% $20M
CNQ 0.00% 0.88% -0.88% $0
BMO 0.00% 0.85% -0.85% $0
MFC 0.00% 0.79% -0.79% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 56 $3.4B 57.8%
Large Cap 88 $1.8B 30.2%
Mid Cap 29 $682M 11.7%
Small Cap 5 $13M 0.2%

Portfolio Analytics

Avg Market Cap
$321.9B
Median Market Cap
$99.9B
Avg P/E
36.3
Median P/E
25.6
Avg Dividend Yield
0.02%
Avg Beta
1.01
# Stocks
160
# ETFs / Funds
18

Top Holdings (178 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 GOOGL 7.05% 1,309,000 $410M $313.00 $167M +311,000 +31.2%
2 MSFT 6.16% 741,000 $358M $483.62 -$128M -197,675 -21.1%
3 NVDA 5.97% 1,862,000 $347M $186.50 -$423M -2,268,200 -54.9%
4 VEA 5.07% 4,714,850 $295M $62.47 +4,714,850 NEW
5 AVGO 4.79% 804,000 $278M $346.10 -$180K -40,000 -4.7%
6 META 4.65% 410,000 $271M $660.09 $101M +179,000 +77.5%
7 AAPL 3.58% 766,000 $208M $271.86 -$140M -602,900 -44.0%
8 MU 3.39% 690,000 $197M $285.41 $140M +349,000 +102.3%
9 GDXJ 3.21% 1,640,000 $187M $113.78 $101M +780,000 +90.7%
10 WMT 3.18% 1,661,000 $185M $111.41 $118M +1,011,900 +155.9%
11 LRCX 2.41% 820,000 $140M $171.18 $88M +429,600 +110.0%
12 TSLA 2.21% 285,500 $128M $449.72 -$23M -54,500 -16.0%
13 MRVL 2.18% 1,495,000 $127M $84.98 +1,495,000 NEW
14 GILD 2.14% 1,013,000 $124M $122.74 $59M +423,000 +71.7%
15 LUV 1.99% 2,800,000 $116M $41.33 $65M +1,200,000 +75.0%
16 FXI 1.83% 2,785,000 $107M $38.29 $68M +1,845,000 +196.3%
17 INSM 1.50% 500,000 $87M $174.04 $58M +300,000 +150.0%
18 BAC 1.47% 1,550,000 $85M $55.00 -$51M -1,100,000 -41.5%
19 VT 1.28% 527,500 $74M $141.06 +527,500 NEW
20 SCHW 1.24% 722,000 $72M $99.91 -$64M -702,879 -49.3%
21 MCD 1.21% 230,000 $70M $305.63 $30M +97,000 +72.9%
22 COST 1.20% 81,000 $70M $862.34 $21M +27,700 +52.0%
23 TERN 1.18% 1,704,800 $69M $40.40 +1,704,800 NEW
24 IBIT 1.18% 1,384,800 $69M $49.65 $30M +784,800 +130.8%
25 TJX 1.16% 440,000 $68M $153.61 $49M +310,000 +238.5%
26 FI 1.15% 995,000 $67M $67.17 -$61M
27 SJM 1.14% 680,000 $67M $97.81 -$7M
28 VCIT 1.13% 782,100 $66M $83.75 +782,100 NEW
29 SNDK 1.11% 271,400 $64M $237.38 +271,400 NEW
30 BKNG 1.11% 12,000 $64M $5,355.33 -$4M -600 -4.8%
31 AMZN 1.09% 275,000 $63M $230.82 -$91M -428,300 -60.9%
32 BSV 1.08% 800,000 $63M $78.81 +800,000 NEW
33 ANET 0.94% 419,000 $55M $131.03 $38M +306,400 +272.1%
34 CELC 0.89% 520,200 $52M $99.74 +520,200 NEW
35 NOW 0.87% 330,000 $51M $153.19 $29M +307,000 +1334.8%
36 PEP 0.67% 270,000 $39M $143.52 $22M +150,000 +125.0%
37 TTMI 0.66% 558,900 $39M $69.00 +558,900 NEW
38 TMUS 0.66% 189,000 $38M $203.04 +189,000 NEW
39 UNP 0.64% 161,000 $37M $231.32 $14M +61,000 +61.0%
40 KVUE 0.59% 1,990,000 $34M $17.25 +1,990,000 NEW
41 GE 0.58% 110,000 $34M $308.03 $12M +36,200 +49.0%
42 NFLX 0.56% 350,000 $33M $93.76 +350,000 NEW
43 WDAY 0.55% 150,000 $32M $214.78 -$4M
44 LRN 0.54% 488,000 $32M $64.93 +488,000 NEW
45 PKG 0.51% 143,000 $29M $206.23 $18M +88,000 +160.0%
46 EFA 0.50% 300,000 $29M $96.03 +300,000 NEW
47 DIS 0.49% 250,000 $28M $113.77 -$15M -133,200 -34.8%
48 HON 0.49% 145,700 $28M $195.09 -$22M -93,000 -39.0%
49 KWEB 0.47% 800,000 $27M $34.05 +800,000 NEW
50 RNAM 0.45% 360,200 $26M $72.13 +360,200 NEW
51 SPHR 0.41% 250,000 $24M $95.08 $8M
52 GLDM 0.41% 276,600 $24M $85.37 +276,600 NEW
53 REGN 0.40% 30,000 $23M $771.87 +30,000 NEW
54 VWO 0.36% 390,000 $21M $53.76 +390,000 NEW
55 HTHT 0.35% 428,800 $20M $47.05 $3M
56 BRK-B 0.35% 40,000 $20M $502.65 -$73M -144,800 -78.3%
57 KVYO 0.34% 600,000 $19M $32.47 +600,000 NEW
58 H 0.33% 120,000 $19M $160.32 +120,000 NEW
59 COMP 0.31% 1,724,700 $18M $10.57 +1,724,700 NEW
60 ARQT 0.31% 615,000 $18M $29.04 +615,000 NEW
61 ADBE 0.30% 50,000 $17M $349.99 -$18M -50,000 -50.0%
62 KLAC 0.29% 14,000 $17M $1,215.08 $2M
63 TPC 0.26% 225,000 $15M $67.02 +225,000 NEW
64 AVB 0.25% 80,000 $15M $181.31 +80,000 NEW
65 PGR 0.24% 61,000 $14M $227.72 -$19M -74,000 -54.8%
66 ACMR 0.24% 350,800 $14M $39.45 +350,800 NEW
67 CX 0.24% 1,189,900 $14M $11.49 $3M
68 BOX 0.23% 456,000 $14M $29.91 $4M +156,000 +52.0%
69 GVA 0.23% 118,000 $14M $115.35 +118,000 NEW
70 PLD 0.22% 100,000 $13M $127.66 $1M
71 BZ 0.21% 600,000 $12M $20.38 -$2M
72 LQD 0.21% 109,600 $12M $110.19 +109,600 NEW
73 CL 0.21% 152,000 $12M $79.02 -$140K
74 ADSK 0.19% 38,000 $11M $296.01 -$823K
75 REVG 0.19% 181,000 $11M $60.81 +181,000 NEW
76 XEL 0.18% 144,000 $11M $73.86 +144,000 NEW
77 TXN 0.18% 60,000 $10M $173.49 -$6M -29,000 -32.6%
78 TLT 0.16% 110,000 $10M $87.16 -$243K
79 PDD 0.16% 83,100 $9M $113.39 -$2M
80 LNG 0.16% 47,000 $9M $194.39 -$2M
81 SJNK 0.15% 345,100 $9M $25.32 +345,100 NEW
82 BBT 0.15% 329,500 $9M $26.37 +329,500 NEW
83 INTU 0.15% 13,000 $9M $662.42 -$14M -20,600 -61.3%
84 SE 0.15% 67,500 $9M $127.57 -$3M
85 ADP 0.14% 32,000 $8M $257.23 -$1M
86 MOG-A 0.14% 33,500 $8M $243.55 $1M
87 DPZ 0.14% 19,000 $8M $416.82 -$283K
88 TAL 0.13% 700,000 $8M $10.91 -$203K
89 DK 0.13% 255,000 $8M $29.66 +255,000 NEW
90 EXPO 0.11% 95,300 $7M $69.46 -$2K
91 ABCB 0.10% 75,000 $6M $74.27 +75,000 NEW
92 IBN 0.09% 180,300 $5M $29.80 -$78K
93 QFIN 0.08% 250,000 $5M $19.27 -$2M
94 IAU 0.06% 44,100 $4M $81.17 +44,100 NEW
95 ZROZ 0.06% 55,400 $4M $64.25 -$702K -7,300 -11.6%
96 AAMI 0.05% 60,000 $3M $47.00 -$70K
97 NKTR 0.04% 61,500 $3M $42.28 +61,500 NEW
98 CNO 0.04% 53,800 $2M $42.47 -$60K -5,500 -9.3%
99 VRTS 0.03% 11,400 $2M $163.15 -$306K
100 SOLS 0.03% 36,425 $2M $48.58 +36,425 NEW

New Positions

SymbolValue% Port
VEA $295M 5.07%
MRVL $127M 2.18%
VT $74M 1.28%
TERN $69M 1.18%
VCIT $66M 1.13%
SNDK $64M 1.11%
BSV $63M 1.08%
CELC $52M 0.89%
TTMI $39M 0.66%
TMUS $38M 0.66%
KVUE $34M 0.59%
NFLX $33M 0.56%
LRN $32M 0.54%
EFA $29M 0.50%
KWEB $27M 0.47%

Sold Out Positions

SymbolValue% Port
ABT —%
T —%
CVX —%
UBER —%
AEM —%
XOM —%
NEE —%
CHWY —%
AFL —%
MS —%
GS —%
HD —%
AXP —%
RJF —%
BMO —%
View SEC EDGAR Filings for Nearwater Capital Markets, Ltd →

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