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Asset Manager ← All Institutions

Sphera Management Technology Funds Ltd

Q4 2025 · Filed 2026-02-17
Market Value
$172M
-1.7%
Holdings
67
-6
New Purchases
11
Added To
19
Closed
15
Reduced
16
Top 10 Concentration
52.8%
Turnover
38.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TSM 2.29% 0.00% +2.29% $4M
NVDA 5.22% 3.41% +1.81% $9M
MDB 1.36% 0.00% +1.36% $2M
NOK 1.20% 0.00% +1.20% $2M
AMAT 2.56% 1.39% +1.16% $4M
KLAC 1.15% 0.00% +1.15% $2M
GOOG 2.92% 1.79% +1.13% $5M
CRM 1.84% 0.82% +1.03% $3M
RBRK 1.01% 0.00% +1.01% $2M
TWLO 2.06% 1.14% +0.92% $4M
SNOW 0.90% 0.00% +0.90% $2M
ENPH 1.67% 0.81% +0.87% $3M
COHR 0.86% 0.00% +0.86% $1M
NOW 0.82% 0.00% +0.82% $1M
SANM 0.70% 0.00% +0.70% $1M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CHKP 0.00% 1.77% -1.77% $0
NFLX 0.00% 1.71% -1.71% $0
MRVL 1.42% 2.97% -1.55% $2M
IBM 0.00% 1.29% -1.29% $0
ORCL 1.70% 2.72% -1.03% $3M
CLBT 0.84% 1.80% -0.96% $1M
CIEN 0.68% 1.58% -0.90% $1M
HUT.TO 0.00% 0.89% -0.89% $0
IREN 0.00% 0.80% -0.80% $0
NET 0.00% 0.73% -0.73% $0
AVAV 0.00% 0.70% -0.70% $0
HPE 0.00% 0.70% -0.70% $0
CEVA 0.00% 0.65% -0.65% $0
NICE 1.31% 1.90% -0.59% $2M
CAMT 1.54% 2.10% -0.55% $3M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 16 $103M 59.7%
Large Cap 25 $41M 24.0%
Mid Cap 16 $21M 12.2%
Small Cap 9 $7M 3.8%
Micro Cap 1 $681K 0.4%

Portfolio Analytics

Avg Market Cap
$420.2B
Median Market Cap
$20.3B
Avg P/E
81.6
Median P/E
48.3
Avg Dividend Yield
0.00%
Avg Beta
1.52
# Stocks
67
# ETFs / Funds
0

Top Holdings (67 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 META 8.04% 21,000 $14M $660.09 -$947K +835 +4.1%
2 AMZN 8.03% 60,000 $14M $230.82 -$1M -8,470 -12.4%
3 MSFT 7.01% 25,000 $12M $483.62 $696K +3,000 +13.6%
4 AVGO 5.40% 26,900 $9M $346.10 $320K -350 -1.3%
5 TSLA 5.25% 20,130 $9M $449.72 $1M +2,100 +11.7%
6 NVDA 5.22% 48,300 $9M $186.50 $3M +16,230 +50.6%
7 AMD 4.97% 40,000 $9M $214.16 -$656K -17,000 -29.8%
8 INTC 3.42% 160,000 $6M $36.90 -$403K -28,000 -14.9%
9 GOOG 2.92% 16,020 $5M $313.80 $2M +3,150 +24.5%
10 U 2.56% 100,000 $4M $44.17 $13K -10,000 -9.1%
11 AMAT 2.56% 17,150 $4M $256.99 $2M +5,200 +43.5%
12 TSM 2.29% 13,000 $4M $303.89 +13,000 NEW
13 PANW 2.18% 20,400 $4M $184.20 $296K +3,400 +20.0%
14 SMWB 2.09% 480,000 $4M $7.49 -$710K +17,122 +3.7%
15 TWLO 2.06% 25,000 $4M $142.24 $2M +5,000 +25.0%
16 CRM 1.84% 12,000 $3M $264.91 $2M +5,940 +98.0%
17 TXN 1.71% 17,000 $3M $173.49 $193K +2,000 +13.3%
18 ORCL 1.70% 15,000 $3M $194.91 -$2M -2,000 -11.8%
19 ENPH 1.67% 90,000 $3M $32.05 $1M +50,000 +125.0%
20 CAMT 1.54% 25,000 $3M $106.35 -$1M -10,000 -28.6%
21 WIX 1.51% 25,000 $3M $103.89 $288K +12,000 +92.3%
22 ADI 1.45% 9,200 $2M $271.20 $603K +1,500 +19.5%
23 UBER 1.42% 30,000 $2M $81.71 -$488K
24 MRVL 1.42% 28,800 $2M $84.98 -$3M -33,200 -53.5%
25 MDB 1.36% 5,600 $2M $419.69 +5,600 NEW
26 NICE 1.31% 20,000 $2M $113.04 -$1M -3,000 -13.0%
27 NOK 1.20% 320,000 $2M $6.47 +320,000 NEW
28 FROG 1.17% 32,300 $2M $62.46 -$112K -12,700 -28.2%
29 KLAC 1.15% 1,635 $2M $1,215.08 +1,635 NEW
30 RBRK 1.01% 22,800 $2M $76.48 +22,800 NEW
31 SNOW 0.90% 7,100 $2M $219.36 +7,100 NEW
32 COHR 0.86% 8,000 $1M $184.57 +8,000 NEW
33 LSCC 0.85% 20,000 $1M $73.58 -$728K -10,000 -33.3%
34 CLBT 0.84% 80,000 $1M $18.03 -$2M -90,000 -52.9%
35 NOW 0.82% 9,200 $1M $153.19 +9,200 NEW
36 TTMI 0.74% 18,600 $1M $69.00 $419K +3,600 +24.0%
37 ZETA 0.71% 60,000 $1M $20.35 $228K +10,000 +20.0%
38 SANM 0.70% 8,000 $1M $150.07 +8,000 NEW
39 CIEN 0.68% 5,000 $1M $233.87 -$2M -14,000 -73.7%
40 VRNS 0.67% 35,000 $1M $32.80 -$576K +5,000 +16.7%
41 WDAY 0.66% 5,300 $1M $214.78 -$547K -1,700 -24.3%
42 COIN 0.66% 5,000 $1M $226.14 -$557K
43 RTACU 0.62% 100,000 $1M $10.67 +100,000 NEW
44 COMP 0.61% 100,000 $1M $10.57 $254K
45 ALGM 0.61% 40,000 $1M $26.38 -$113K
46 FSLR 0.61% 4,000 $1M $261.23 $163K
47 PAYO 0.59% 180,000 $1M $5.62 -$17K +10,000 +5.9%
48 SEI 0.53% 20,000 $919K $45.97 -$280K -10,000 -33.3%
49 SEDG 0.50% 30,000 $866K $28.85 -$984K -20,000 -40.0%
50 OSCR 0.50% 60,000 $862K $14.37 -$274K
51 SERV 0.48% 80,000 $830K $10.38 +80,000 NEW
52 CSLR 0.39% 433,500 $681K $1.57 $75K +89,655 +26.1%
53 VLN —% -$600K -335,339 -100.0% SOLD
54 NFLX —% -$3M -2,500 -100.0% SOLD
55 NET —% -$1M -6,000 -100.0% SOLD
56 CHKP —% -$3M -15,000 -100.0% SOLD
57 IREN —% -$1M -30,000 -100.0% SOLD
58 CEVA —% -$1M -43,000 -100.0% SOLD
59 NNDM —% -$678K -431,947 -100.0% SOLD
60 PERI —% -$768K -80,000 -100.0% SOLD
61 FOUR —% -$619K -8,000 -100.0% SOLD
62 ETOR —% -$825K -20,000 -100.0% SOLD
63 HUT.TO —% -$2M -45,000 -100.0% SOLD
64 HPE —% -$1M -50,000 -100.0% SOLD
65 AVAV —% -$1M -3,900 -100.0% SOLD
66 KRNT —% -$642K -47,520 -100.0% SOLD
67 IBM —% -$2M -8,000 -100.0% SOLD

Options Breakdown

2 Calls $7M Call Value 1 Puts $95M Put Value 14.3 P/C Ratio

Top Calls

SymbolSharesValueStatus
NICE 35,000 $4M
S 180,000 $3M

Top Puts

SymbolSharesValueStatus
QQQ 155,000 $95M

New Positions

SymbolValue% Port
TSM $4M 2.29%
MDB $2M 1.36%
NOK $2M 1.20%
KLAC $2M 1.15%
RBRK $2M 1.01%
SNOW $2M 0.90%
COHR $1M 0.86%
NOW $1M 0.82%
SANM $1M 0.70%
RTACU $1M 0.62%
SERV $830K 0.48%

Sold Out Positions

SymbolValue% Port
HPE —%
FOUR —%
IBM —%
VLN —%
ETOR —%
KRNT —%
CHKP —%
AVAV —%
NET —%
CEVA —%
NNDM —%
HUT.TO —%
IREN —%
PERI —%
NFLX —%
View SEC EDGAR Filings for Sphera Management Technology Funds Ltd →

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