Connective Portfolio Management
NEW YORK, NYfiles as Connective Portfolio Management, LLC
$60m in 39 US stocks at the end of 30 June 2026. The top 10 are 48.9% of the money. It changed about 54.9% of the portfolio this quarter.
Value
$60m
Stocks
39
Top 10 share
48.9%
Turnover
54.9%
What changed this quarter
New
Bought for the first time this quarter.
- CitigroupC6.1% of the fund
- Ishares TRINDA4.1% of the fund
- Taiwan Semiconductor ManufacturingTSM4.1% of the fund
- Space Exploration TechnologiesSPCX3.1% of the fund
- NokiaNOK3.0% of the fund
- American ExpressAXP2.3% of the fund
- Silicon Motion TechnologySIMO2.1% of the fund
- Marvell TechnologyMRVL2.0% of the fund
- Hilton Worldwide HoldingsHLT1.9% of the fund
- SoFi TechnologiesSOFI1.8% of the fund
- Micron TechnologyMU1.7% of the fund
- AppleAAPL1.7% of the fund
- Cadence Design SystemsCDNS1.7% of the fund
- Goldman Sachs GroupGS1.7% of the fund
- ARM HoldingsARM1.7% of the fund
- Canadian Natural ResourcesCNQ1.6% of the fund
- Kodiak Gas ServicesKGS1.6% of the fund
- Revolution MedicinesRVMD1.4% of the fund
- Baker HughesBKR1.4% of the fund
- OktaOKTA1.4% of the fund
- IonQIONQ1.3% of the fund
- WorkdayWDAY1.2% of the fund
Added
Bought more of a stock they already held.
- Rocket LabRKLB6.1% of the fund+125%
- JPMorgan ChaseJPM6.0% of the fund+176%
- Petrobras - Petroleo Brasileiro SAPBR5.0% of the fund+32%
Cut
Sold some of their stake.
- ShellSHEL1.7% of the fund-56%
- Planet Labs PBCPL0.8% of the fund-38%
Sold out
Sold their entire stake.
- Ishares TREEM-100%
- BHP Billiton LimitedBHP-100%
- NexGen EnergyNXE-100%
- CamecoCCJ-100%
- MDA SpaceMDA-100%
- Almonty IndustriesALM-100%
- Hecla MiningHL-100%
- Abivax SAABVX-100%
Holdings
- Ishares Gold TRIAU
- Share
- 5.9%
- Value
- $4m
- Shares
- 47,029
Held
- Sprott Asset Management LPPHYS
- Share
- 4.3%
- Value
- $3m
- Shares
- 85,000
Held
- Ishares TRINDA
- Share
- 4.1%
- Value
- $2m
- Shares
- 50,000
New
- Spdr Gold TRGLD
- Share
- 3.6%
- Value
- $2m
- Shares
- 5,915
Held
- Space Exploration TechnologiesSPCX
- Share
- 3.1%
- Value
- $2m
- Shares
- 11,000
New
- NokiaNOK
- Share
- 3.0%
- Value
- $2m
- Shares
- 133,700
New
- Silicon Motion TechnologySIMO
- Share
- 2.1%
- Value
- $1m
- Shares
- 3,766
New
- Select Sector Spdr TRXLV
- Share
- 1.8%
- Value
- $1m
- Shares
- 7,000
Held
- ShellSHEL
- Share
- 1.7%
- Value
- $1m
- Shares
- 13,195
-56%
- ARM HoldingsARM
- Share
- 1.7%
- Value
- $992,796
- Shares
- 2,800
New
- Canadian Natural ResourcesCNQ
- Share
- 1.6%
- Value
- $988,899
- Shares
- 25,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Rocket LabRKLB | 6.1% | $4m | 35,965 | +125% |
| CitigroupC | 6.1% | $4m | 26,000 | New |
| JPMorgan ChaseJPM | 6.0% | $4m | 10,980 | +176% |
| Ishares Gold TRIAU | 5.9% | $4m | 47,029 | Held |
| Petrobras - Petroleo Brasileiro SAPBR | 5.0% | $3m | 185,200 | +32% |
| Sprott Asset Management LPPHYS | 4.3% | $3m | 85,000 | Held |
| Ishares TRINDA | 4.1% | $2m | 50,000 | New |
| Taiwan Semiconductor ManufacturingTSM | 4.1% | $2m | 5,100 | New |
| NvidiaNVDA | 3.8% | $2m | 11,475 | Held |
| Spdr Gold TRGLD | 3.6% | $2m | 5,915 | Held |
| Space Exploration TechnologiesSPCX | 3.1% | $2m | 11,000 | New |
| MicrosoftMSFT | 3.1% | $2m | 5,024 | Held |
| NokiaNOK | 3.0% | $2m | 133,700 | New |
| BroadcomAVGO | 2.7% | $2m | 4,295 | Held |
| American ExpressAXP | 2.3% | $1m | 4,000 | New |
| ChevronCVX | 2.1% | $1m | 7,699 | Held |
| Silicon Motion TechnologySIMO | 2.1% | $1m | 3,766 | New |
| Marvell TechnologyMRVL | 2.0% | $1m | 4,000 | New |
| Hilton Worldwide HoldingsHLT | 1.9% | $1m | 3,500 | New |
| Select Sector Spdr TRXLV | 1.8% | $1m | 7,000 | Held |
| SoFi TechnologiesSOFI | 1.8% | $1m | 60,000 | New |
| Micron TechnologyMU | 1.7% | $1m | 910 | New |
| ShellSHEL | 1.7% | $1m | 13,195 | -56% |
| AppleAAPL | 1.7% | $1m | 3,520 | New |
| Cadence Design SystemsCDNS | 1.7% | $1m | 2,700 | New |
| Goldman Sachs GroupGS | 1.7% | $1m | 1,000 | New |
| ARM HoldingsARM | 1.7% | $992,796 | 2,800 | New |
| Canadian Natural ResourcesCNQ | 1.6% | $988,899 | 25,000 | New |
| Kodiak Gas ServicesKGS | 1.6% | $976,690 | 13,000 | New |
| Quanta ServicesPWR | 1.4% | $859,728 | 1,194 | Held |
| Revolution MedicinesRVMD | 1.4% | $842,760 | 4,500 | New |
| Baker HughesBKR | 1.4% | $832,050 | 15,000 | New |
| OktaOKTA | 1.4% | $818,700 | 6,000 | New |
| IonQIONQ | 1.3% | $798,900 | 15,000 | New |
| WorkdayWDAY | 1.2% | $734,520 | 6,000 | New |
| MastercardMA | 1.1% | $634,296 | 1,235 | Held |
| Pampa EnergyPAM | 1.0% | $574,910 | 7,000 | Held |
| Planet Labs PBCPL | 0.8% | $496,950 | 15,000 | -38% |
| Chipotle Mexican GrillCMG | 0.7% | $437,750 | 12,875 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 28.6% since 30 June 2025.
Where the money is
Technology30.3%
Financial services18.8%
Energy10.1%
Industrials7.5%
Retail & consumer2.7%
Utilities2.6%
Health care1.4%
Other26.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.