Explore Capital Management
DALLAS, TXfiles as Explore Capital Management, LLC
$114m in 11 US stocks at the end of 30 June 2026. The top 10 are 96.2% of the money. It changed about 12.8% of the portfolio this quarter.
Value
$114m
Stocks
11
Top 10 share
96.2%
Turnover
12.8%
What changed this quarter
New
Bought for the first time this quarter.
- BroadcomAVGO3.8% of the fund
Added
Bought more of a stock they already held.
- MastercardMA13.4% of the fund+13%
- Meta PlatformsMETA10.2% of the fund+14%
- Tenet HealthcareTHC7.2% of the fund+61%
- Agnico Eagle MinesAEM4.4% of the fund+10%
Cut
Sold some of their stake.
- Amazon.comAMZN13.6% of the fund-3%
- S&P GlobalSPGI10.1% of the fund-12%
- Micron TechnologyMU8.7% of the fund-74%
- Nu HoldingsNU3.9% of the fund-24%
Sold out
Sold their entire stake.
- Blue Owl CapitalOWL-100%
Holdings
- Agnico Eagle MinesAEM
- Share
- 4.4%
- Value
- $5m
- Shares
- 32,200
+10%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Taiwan Semiconductor ManufacturingTSM | 17.4% | $20m | 41,532 | Held |
| Amazon.comAMZN | 13.6% | $16m | 65,195 | -3% |
| MastercardMA | 13.4% | $15m | 29,780 | +13% |
| Meta PlatformsMETA | 10.2% | $12m | 20,700 | +14% |
| S&P GlobalSPGI | 10.1% | $12m | 28,350 | -12% |
| Micron TechnologyMU | 8.7% | $10m | 8,630 | -74% |
| Tenet HealthcareTHC | 7.2% | $8m | 43,900 | +61% |
| VisaV | 7.2% | $8m | 23,900 | Held |
| Agnico Eagle MinesAEM | 4.4% | $5m | 32,200 | +10% |
| Nu HoldingsNU | 3.9% | $4m | 334,800 | -24% |
| BroadcomAVGO | 3.8% | $4m | 11,400 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 19.4% since 30 June 2025.
Where the money is
Financial services34.7%
Technology29.9%
Retail & consumer13.6%
Media & telecom10.2%
Health care7.2%
Materials4.4%
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.