KP Management
Edina, MNfiles as KP Management LLC
$477m in 65 US stocks at the end of 30 June 2026. The top 10 are 32.5% of the money. It changed about 19.1% of the portfolio this quarter.
Value
$477m
Stocks
65
Top 10 share
32.5%
Turnover
19.1%
What changed this quarter
New
Bought for the first time this quarter.
- SemtechSMTC2.4% of the fund
- SitimeSITM1.6% of the fund
- Astera LabsALAB1.3% of the fund
- Marvell TechnologyMRVL1.2% of the fund
- Powell IndustriesPOWL1.0% of the fund
- WolfspeedWOLF0.7% of the fund
- Texas InstrumentsTXN0.6% of the fund
- Micron TechnologyMU0.6% of the fund
- Aehr Test SystemsAEHR0.4% of the fund
- Super Micro ComputerSMCI0.3% of the fund
Added
Bought more of a stock they already held.
- AmphenolAPH3.0% of the fund+10%
- HeicoHEI2.5% of the fund+3%
- Meta PlatformsMETA2.4% of the fund+159%
- Applied MaterialsAMAT2.3% of the fund+50%
- WoodwardWWD2.2% of the fund+14%
- Advanced Micro DevicesAMD1.9% of the fund+7%
- EatonETN1.7% of the fund+106%
- VisaV1.4% of the fund+9%
- Solstice Advanced MaterialsSOLS1.2% of the fund+42%
- Moody'sMCO1.0% of the fund+38%
- S&P GlobalSPGI1.0% of the fund+33%
- NokiaNOK0.6% of the fund+75%
- Viavi SolutionsVIAV0.5% of the fund+67%
Cut
Sold some of their stake.
- ASML Holding NVASML4.0% of the fund-10%
- NvidiaNVDA3.7% of the fund-5%
- IntelINTC3.5% of the fund-29%
- Taiwan Semiconductor ManufacturingTSM3.5% of the fund-13%
- Lumentum HoldingsLITE3.0% of the fund-3%
- KLAKLAC2.8% of the fund-14%
- Seagate Technology HoldingsSTX1.6% of the fund-20%
- CoherentCOHR1.6% of the fund-14%
- GE VernovaGEV1.4% of the fund-47%
- SandiskSNDK1.2% of the fund-64%
- TTM TechnologiesTTMI1.2% of the fund-25%
- Bloom EnergyBE1.1% of the fund-38%
- Cadence Design SystemsCDNS0.9% of the fund-17%
- Thermo Fisher ScientificTMO0.8% of the fund-20%
- CloudflareNET0.4% of the fund-57%
- Navitas SemiconductorNVTS0.2% of the fund-78%
Sold out
Sold their entire stake.
- TE ConnectivityTEL-100%
- CienaCIEN-100%
- SynopsysSNPS-100%
- Talen EnergyTLN-100%
- Akamai TechnologiesAKAM-100%
- ServiceNowNOW-100%
Holdings
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.9%
- Value
- $4m
- Shares
- 6
Held
- NokiaNOK
- Share
- 0.6%
- Value
- $3m
- Shares
- 210,000
+75%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| ASML Holding NVASML | 4.0% | $19m | 9,500 | -10% |
| NvidiaNVDA | 3.7% | $18m | 87,500 | -5% |
| IntelINTC | 3.5% | $17m | 120,000 | -29% |
| Taiwan Semiconductor ManufacturingTSM | 3.5% | $17m | 35,000 | -13% |
| Tower SemiconductorTSEM | 3.3% | $16m | 61,035 | Held |
| AlphabetGOOGL | 3.2% | $15m | 43,000 | Held |
| Lumentum HoldingsLITE | 3.0% | $14m | 16,500 | -3% |
| AmphenolAPH | 3.0% | $14m | 80,000 | +10% |
| KLAKLAC | 2.8% | $14m | 45,000 | -14% |
| BroadcomAVGO | 2.6% | $12m | 32,500 | Held |
| Amazon.comAMZN | 2.6% | $12m | 51,500 | Held |
| HeicoHEI | 2.5% | $12m | 33,750 | +3% |
| Meta PlatformsMETA | 2.4% | $12m | 20,750 | +159% |
| AppleAAPL | 2.4% | $12m | 40,000 | Held |
| SemtechSMTC | 2.4% | $11m | 70,000 | New |
| TeradyneTER | 2.3% | $11m | 22,500 | Held |
| Applied MaterialsAMAT | 2.3% | $11m | 15,000 | +50% |
| WoodwardWWD | 2.2% | $10m | 24,500 | +14% |
| TransDigm GroupTDG | 2.1% | $10m | 7,350 | Held |
| Advanced Micro DevicesAMD | 1.9% | $9m | 16,000 | +7% |
| Sherwin-WilliamsSHW | 1.7% | $8m | 24,000 | Held |
| EatonETN | 1.7% | $8m | 18,500 | +106% |
| Seagate Technology HoldingsSTX | 1.6% | $8m | 8,000 | -20% |
| CoherentCOHR | 1.6% | $7m | 19,000 | -14% |
| SitimeSITM | 1.6% | $7m | 10,000 | New |
| CumminsCMI | 1.5% | $7m | 10,000 | Held |
| GE VernovaGEV | 1.4% | $7m | 5,875 | -47% |
| VisaV | 1.4% | $7m | 19,000 | +9% |
| Monolithic Power SystemsMPWR | 1.3% | $6m | 4,500 | Held |
| O'Reilly AutomotiveORLY | 1.3% | $6m | 67,500 | Held |
| General ElectricGE | 1.3% | $6m | 16,500 | Held |
| Astera LabsALAB | 1.3% | $6m | 12,750 | New |
| Costco WholesaleCOST | 1.3% | $6m | 6,500 | Held |
| MastercardMA | 1.2% | $6m | 11,500 | Held |
| Parker-HannifinPH | 1.2% | $6m | 6,000 | Held |
| Marvell TechnologyMRVL | 1.2% | $6m | 19,500 | New |
| SandiskSNDK | 1.2% | $6m | 2,500 | -64% |
| TTM TechnologiesTTMI | 1.2% | $6m | 30,000 | -25% |
| Solstice Advanced MaterialsSOLS | 1.2% | $6m | 63,299 | +42% |
| JPMorgan ChaseJPM | 1.1% | $5m | 16,527 | Held |
| BoeingBA | 1.1% | $5m | 24,500 | Held |
| Bloom EnergyBE | 1.1% | $5m | 16,600 | -38% |
| Moody'sMCO | 1.0% | $5m | 11,000 | +38% |
| Powell IndustriesPOWL | 1.0% | $5m | 16,500 | New |
| S&P GlobalSPGI | 1.0% | $5m | 12,000 | +33% |
| Cadence Design SystemsCDNS | 0.9% | $5m | 12,000 | -17% |
| Berkshire Hathaway INC DELBRK-A | 0.9% | $4m | 6 | Held |
| Quanta ServicesPWR | 0.9% | $4m | 6,000 | Held |
| MicrosoftMSFT | 0.9% | $4m | 11,500 | Held |
| Union PacificUNP | 0.9% | $4m | 15,000 | Held |
| Thermo Fisher ScientificTMO | 0.8% | $4m | 8,000 | -20% |
| DatadogDDOG | 0.8% | $4m | 15,000 | Held |
| WolfspeedWOLF | 0.7% | $4m | 73,000 | New |
| Texas InstrumentsTXN | 0.6% | $3m | 10,000 | New |
| Micron TechnologyMU | 0.6% | $3m | 2,500 | New |
| NokiaNOK | 0.6% | $3m | 210,000 | +75% |
| NlightLASR | 0.6% | $3m | 40,000 | Held |
| CRH PublicCRH | 0.6% | $3m | 25,000 | Held |
| Viavi SolutionsVIAV | 0.5% | $2m | 50,000 | +67% |
| Aehr Test SystemsAEHR | 0.4% | $2m | 20,000 | New |
| CloudflareNET | 0.4% | $2m | 7,500 | -57% |
| Super Micro ComputerSMCI | 0.3% | $2m | 55,000 | New |
| Distribution Solutions GroupDSGR | 0.2% | $858,434 | 31,387 | Held |
| Navitas SemiconductorNVTS | 0.2% | $850,143 | 47,441 | -78% |
| CrowdStrike HoldingsCRWD | 0.1% | $572,370 | 3,000 | Held |
Options (21)
- MicrosoftMSFT
- Type
- Call
- Value
- $11m
- Contracts
- 30,000
- VisaV
- Type
- Call
- Value
- $5m
- Contracts
- 15,000
- Amazon.comAMZN
- Type
- Call
- Value
- $4m
- Contracts
- 18,500
- Meta PlatformsMETA
- Type
- Call
- Value
- $4m
- Contracts
- 7,500
- Micron TechnologyMU
- Type
- Call
- Value
- $3m
- Contracts
- 3,000
- IntelINTC
- Type
- Call
- Value
- $3m
- Contracts
- 22,500
- BroadcomAVGO
- Type
- Call
- Value
- $3m
- Contracts
- 7,500
- Thermo Fisher ScientificTMO
- Type
- Call
- Value
- $3m
- Contracts
- 5,000
- Bloom EnergyBE
- Type
- Call
- Value
- $2m
- Contracts
- 7,500
- Moody'sMCO
- Type
- Call
- Value
- $2m
- Contracts
- 5,000
- NokiaNOK
- Type
- Call
- Value
- $2m
- Contracts
- 165,500
- CloudflareNET
- Type
- Call
- Value
- $2m
- Contracts
- 7,500
- ServiceNowNOW
- Type
- Call
- Value
- $1m
- Contracts
- 15,000
- MastercardMA
- Type
- Call
- Value
- $1m
- Contracts
- 2,500
- Super Micro ComputerSMCI
- Type
- Call
- Value
- $1m
- Contracts
- 40,000
- HeicoHEI
- Type
- Call
- Value
- $1m
- Contracts
- 3,000
- Texas InstrumentsTXN
- Type
- Call
- Value
- $894,210
- Contracts
- 3,000
- Zoom CommunicationsZM
- Type
- Call
- Value
- $863,100
- Contracts
- 10,000
- UnitedHealth GroupUNH
- Type
- Call
- Value
- $831,260
- Contracts
- 2,000
- CienaCIEN
- Type
- Call
- Value
- $490,560
- Contracts
- 1,000
- Viavi SolutionsVIAV
- Type
- Call
- Value
- $477,500
- Contracts
- 10,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| MicrosoftMSFT | Call | $11m | 30,000 |
| VisaV | Call | $5m | 15,000 |
| Amazon.comAMZN | Call | $4m | 18,500 |
| Meta PlatformsMETA | Call | $4m | 7,500 |
| Micron TechnologyMU | Call | $3m | 3,000 |
| IntelINTC | Call | $3m | 22,500 |
| BroadcomAVGO | Call | $3m | 7,500 |
| Thermo Fisher ScientificTMO | Call | $3m | 5,000 |
| Bloom EnergyBE | Call | $2m | 7,500 |
| Moody'sMCO | Call | $2m | 5,000 |
| NokiaNOK | Call | $2m | 165,500 |
| CloudflareNET | Call | $2m | 7,500 |
| ServiceNowNOW | Call | $1m | 15,000 |
| MastercardMA | Call | $1m | 2,500 |
| Super Micro ComputerSMCI | Call | $1m | 40,000 |
| HeicoHEI | Call | $1m | 3,000 |
| Texas InstrumentsTXN | Call | $894,210 | 3,000 |
| Zoom CommunicationsZM | Call | $863,100 | 10,000 |
| UnitedHealth GroupUNH | Call | $831,260 | 2,000 |
| CienaCIEN | Call | $490,560 | 1,000 |
| Viavi SolutionsVIAV | Call | $477,500 | 10,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 93.4% since 30 June 2025.
Where the money is
Technology55.3%
Industrials22.3%
Financial services5.7%
Media & telecom5.7%
Retail & consumer3.9%
Materials3.5%
Everyday goods1.3%
Health care0.8%
Other1.5%
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.