Nearwater Capital Markets
NEW YORK, NYfiles as Nearwater Capital Markets, Ltd
$5.8bn in 100 US stocks at the end of 30 June 2026. The top 10 are 40.1% of the money. It changed about 67.4% of the portfolio this quarter.
Value
$5.8bn
Stocks
100
Top 10 share
40.1%
Turnover
67.4%
What changed this quarter
New
Bought for the first time this quarter.
- Advanced Micro DevicesAMD3.9% of the fund
- Uber TechnologiesUBER2.7% of the fund
- TeslaTSLA2.4% of the fund
- Hut 8HUT2.3% of the fund
- IsharesEWZ2.2% of the fund
- Ishares TRFXI2.1% of the fund
- IsharesIEMG1.8% of the fund
- Texas InstrumentsTXN1.5% of the fund
- DexcomDXCM1.5% of the fund
- Unity SoftwareU1.4% of the fund
- Honeywell InternationalHON1.3% of the fund
- DynatraceDT1.3% of the fund
- Honeywell AerospaceHONA1.3% of the fund
- Morgan StanleyMS1.2% of the fund
- ExxonMobil HoldingsXOM1.1% of the fund
- Roivant SciencesROIV0.9% of the fund
- Ishares TREFA0.8% of the fund
- United Airlines HoldingsUAL0.8% of the fund
- Norfolk SouthernNSC0.8% of the fund
- Parker-HannifinPH0.8% of the fund
- CienaCIEN0.8% of the fund
- Hilton Worldwide HoldingsHLT0.8% of the fund
- Align TechnologyALGN0.8% of the fund
- Thermo Fisher ScientificTMO0.6% of the fund
- Roundhill ETF TrustDRAM0.6% of the fund
Added
Bought more of a stock they already held.
- Revolution MedicinesRVMD6.8% of the fund+209%
- Amazon.comAMZN5.5% of the fund+108%
- Vaneck ETF TrustGDX4.6% of the fund+293%
- Norwegian Cruise Line HoldingsNCLH3.4% of the fund+178%
- AlphabetGOOGL3.3% of the fund+81%
- MicrosoftMSFT2.7% of the fund+155%
- SynopsysSNPS2.2% of the fund+250%
- Capital One FinancialCOF1.3% of the fund+309%
- Webster FinancialWBS1.0% of the fund+89%
- RTXRTX1.0% of the fund+182%
- Ross StoresROST0.9% of the fund+97%
- Ishares TREEM0.8% of the fund+21%
- UnitedHealth GroupUNH0.7% of the fund+11%
- Chart Inds0.7% of the fund+67%
- TTM TechnologiesTTMI0.5% of the fund+115%
Cut
Sold some of their stake.
- SandiskSNDK4.3% of the fund-47%
- NvidiaNVDA2.9% of the fund-40%
- AppleAAPL2.2% of the fund-57%
- Ishares TRACWI1.2% of the fund-33%
- Vaneck ETF TrustGDXJ0.8% of the fund-73%
- Berkshire HathawayBRK-B0.8% of the fund-29%
- Sphere EntertainmentSPHR0.7% of the fund-39%
- Global X FDSCOPX0.7% of the fund-46%
- TeradyneTER0.6% of the fund-68%
- Ishares Bitcoin Trust ETFIBIT0.5% of the fund-37%
- AdobeADBE0.4% of the fund-21%
- Arcutis BiotherapeuticsARQT0.2% of the fund-20%
- Take TWO Interactive SoftwareTTWO0.2% of the fund-78%
- Cemex SAB de CVCX0.1% of the fund-56%
- CelcuityCELC<0.1% of the fund-100%
Sold out
Sold their entire stake.
- Spdr Index SHS FDSSPDW-100%
- Vanguard Tax-Managed FDSVEA-100%
- Ishares TRIXUS-100%
- Terns Pharmaceuticals-100%
- CaterpillarCAT-100%
- BroadcomAVGO-100%
- Johnson & JohnsonJNJ-100%
- Wells Fargo & CompanyWFC-100%
- Vanguard Intl Equity Index FVPL-100%
- NewmontNEM-100%
- Kraneshares TrustKWEB-100%
- Procter & GamblePG-100%
- Meta PlatformsMETA-100%
- MastercardMA-100%
- ChevronCVX-100%
- InsmedINSM-100%
- Ishares TRITOT-100%
- Abbott LaboratoriesABT-100%
- Applied MaterialsAMAT-100%
- Eli LillyLLY-100%
- Hess Midstream LPHESM-100%
- Neos ETF TrustQQQI-100%
- McDonald'sMCD-100%
- American TowerAMT-100%
- CumminsCMI-100%
Holdings
- Vaneck ETF TrustGDX
- Share
- 4.6%
- Value
- $268m
- Shares
- 3,551,500
+293%
- IsharesEWZ
- Share
- 2.2%
- Value
- $128m
- Shares
- 3,700,000
New
- Ishares TRFXI
- Share
- 2.1%
- Value
- $122m
- Shares
- 3,877,000
New
- IsharesIEMG
- Share
- 1.8%
- Value
- $104m
- Shares
- 1,250,200
New
- Honeywell AerospaceHONA
- Share
- 1.3%
- Value
- $77m
- Shares
- 348,500
New
- Ishares TRACWI
- Share
- 1.2%
- Value
- $68m
- Shares
- 431,900
-33%
- Webster FinancialWBS
- Share
- 1.0%
- Value
- $59m
- Shares
- 778,000
+89%
- Ishares TREFA
- Share
- 0.8%
- Value
- $48m
- Shares
- 465,000
New
- Ishares TREEM
- Share
- 0.8%
- Value
- $48m
- Shares
- 700,000
+21%
- Vaneck ETF TrustGDXJ
- Share
- 0.8%
- Value
- $44m
- Shares
- 450,000
-73%
- Global X FDSCOPX
- Share
- 0.7%
- Value
- $38m
- Shares
- 500,000
-46%
- Chart Inds
- Share
- 0.7%
- Value
- $38m
- Shares
- 184,000
+67%
- Roundhill ETF TrustDRAM
- Share
- 0.6%
- Value
- $37m
- Shares
- 500,000
New
- Ishares Bitcoin Trust ETFIBIT
- Share
- 0.5%
- Value
- $29m
- Shares
- 878,000
-37%
- Ishares TRIDEV
- Share
- 0.5%
- Value
- $27m
- Shares
- 300,000
New
- SunococorpSUNC
- Share
- 0.3%
- Value
- $19m
- Shares
- 275,000
New
- Amplify ETF TRSILJ
- Share
- 0.2%
- Value
- $13m
- Shares
- 515,900
New
- Global X FDSURA
- Share
- 0.2%
- Value
- $13m
- Shares
- 300,000
New
- TAL ED GroupTAL
- Share
- 0.1%
- Value
- $7m
- Shares
- 700,000
Held
- J P Morgan Exchange Traded FJEMA
- Share
- <0.1%
- Value
- $2m
- Shares
- 28,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Revolution MedicinesRVMD | 6.8% | $393m | 2,097,000 | +209% |
| Amazon.comAMZN | 5.5% | $317m | 1,329,000 | +108% |
| Vaneck ETF TrustGDX | 4.6% | $268m | 3,551,500 | +293% |
| SandiskSNDK | 4.3% | $250m | 110,000 | -47% |
| Advanced Micro DevicesAMD | 3.9% | $225m | 388,000 | New |
| Norwegian Cruise Line HoldingsNCLH | 3.4% | $200m | 9,465,000 | +178% |
| AlphabetGOOGL | 3.3% | $189m | 527,900 | +81% |
| NvidiaNVDA | 2.9% | $171m | 854,000 | -40% |
| Uber TechnologiesUBER | 2.7% | $157m | 2,181,000 | New |
| MicrosoftMSFT | 2.7% | $157m | 420,000 | +155% |
| TeslaTSLA | 2.4% | $140m | 332,000 | New |
| Hut 8HUT | 2.3% | $134m | 1,161,500 | New |
| IsharesEWZ | 2.2% | $128m | 3,700,000 | New |
| AppleAAPL | 2.2% | $127m | 438,000 | -57% |
| SynopsysSNPS | 2.2% | $125m | 280,000 | +250% |
| Ishares TRFXI | 2.1% | $122m | 3,877,000 | New |
| IsharesIEMG | 1.8% | $104m | 1,250,200 | New |
| Texas InstrumentsTXN | 1.5% | $88m | 295,000 | New |
| DexcomDXCM | 1.5% | $84m | 1,250,000 | New |
| Unity SoftwareU | 1.4% | $82m | 2,881,000 | New |
| Honeywell InternationalHON | 1.3% | $78m | 348,500 | New |
| DynatraceDT | 1.3% | $78m | 1,770,000 | New |
| Honeywell AerospaceHONA | 1.3% | $77m | 348,500 | New |
| Capital One FinancialCOF | 1.3% | $73m | 362,400 | +309% |
| Morgan StanleyMS | 1.2% | $71m | 340,000 | New |
| Ishares TRACWI | 1.2% | $68m | 431,900 | -33% |
| ExxonMobil HoldingsXOM | 1.1% | $62m | 453,000 | New |
| Webster FinancialWBS | 1.0% | $59m | 778,000 | +89% |
| RTXRTX | 1.0% | $58m | 305,000 | +182% |
| Ross StoresROST | 0.9% | $54m | 256,000 | +97% |
| Arista NetworksANET | 0.9% | $54m | 319,000 | Held |
| Roivant SciencesROIV | 0.9% | $53m | 1,500,000 | New |
| Ishares TREFA | 0.8% | $48m | 465,000 | New |
| Ishares TREEM | 0.8% | $48m | 700,000 | +21% |
| United Airlines HoldingsUAL | 0.8% | $48m | 351,000 | New |
| Norfolk SouthernNSC | 0.8% | $47m | 149,000 | New |
| Parker-HannifinPH | 0.8% | $46m | 47,000 | New |
| CienaCIEN | 0.8% | $46m | 93,000 | New |
| Hilton Worldwide HoldingsHLT | 0.8% | $45m | 137,000 | New |
| Align TechnologyALGN | 0.8% | $45m | 268,000 | New |
| Vaneck ETF TrustGDXJ | 0.8% | $44m | 450,000 | -73% |
| Berkshire HathawayBRK-B | 0.8% | $44m | 88,000 | -29% |
| UnitedHealth GroupUNH | 0.7% | $42m | 100,000 | +11% |
| Sphere EntertainmentSPHR | 0.7% | $40m | 229,200 | -39% |
| Global X FDSCOPX | 0.7% | $38m | 500,000 | -46% |
| Chart Inds | 0.7% | $38m | 184,000 | +67% |
| Thermo Fisher ScientificTMO | 0.6% | $37m | 74,000 | New |
| Roundhill ETF TrustDRAM | 0.6% | $37m | 500,000 | New |
| AlphabetGOOG | 0.6% | $35m | 100,000 | New |
| TeradyneTER | 0.6% | $35m | 72,000 | -68% |
| Avis Budget GroupCAR | 0.6% | $35m | 235,000 | New |
| FortinetFTNT | 0.6% | $34m | 219,000 | New |
| Hyperliquid StrategiesPURR | 0.5% | $31m | 4,000,000 | New |
| General MotorsGM | 0.5% | $31m | 400,000 | New |
| XPOXPO | 0.5% | $31m | 150,000 | New |
| TerawulfWULF | 0.5% | $30m | 1,200,000 | New |
| Keysight TechnologiesKEYS | 0.5% | $29m | 84,000 | New |
| Ishares Bitcoin Trust ETFIBIT | 0.5% | $29m | 878,000 | -37% |
| Palantir TechnologiesPLTR | 0.5% | $27m | 230,000 | New |
| Ishares TRIDEV | 0.5% | $27m | 300,000 | New |
| TTM TechnologiesTTMI | 0.5% | $27m | 141,900 | +115% |
| Neurocrine BiosciencesNBIX | 0.5% | $26m | 155,000 | New |
| Intuitive SurgicalISRG | 0.4% | $26m | 65,000 | New |
| AdobeADBE | 0.4% | $22m | 105,000 | -21% |
| SunococorpSUNC | 0.3% | $19m | 275,000 | New |
| Nektar TherapeuticsNKTR | 0.3% | $18m | 261,500 | Held |
| Veeva SystemsVEEV | 0.3% | $17m | 95,000 | New |
| Teledyne TechnologiesTDY | 0.3% | $17m | 25,000 | New |
| ATIATI | 0.3% | $16m | 80,000 | New |
| EquifaxEFX | 0.3% | $15m | 93,000 | New |
| Amprius TechnologiesAMPX | 0.2% | $14m | 1,034,700 | New |
| InsuletPODD | 0.2% | $14m | 90,000 | New |
| KenvueKVUE | 0.2% | $14m | 715,800 | New |
| QorvoQRVO | 0.2% | $14m | 145,000 | New |
| Amplify ETF TRSILJ | 0.2% | $13m | 515,900 | New |
| APi GroupAPG | 0.2% | $13m | 314,000 | New |
| Global X FDSURA | 0.2% | $13m | 300,000 | New |
| Arcutis BiotherapeuticsARQT | 0.2% | $13m | 486,700 | -20% |
| Txnm EnergyTXNM | 0.2% | $13m | 223,100 | New |
| Take TWO Interactive SoftwareTTWO | 0.2% | $12m | 50,000 | -78% |
| OktaOKTA | 0.2% | $12m | 90,000 | New |
| Five BelowFIVE | 0.2% | $12m | 65,000 | New |
| CoreCivicCXW | 0.2% | $11m | 350,000 | New |
| Silicon LaboratoriesSLAB | 0.2% | $10m | 47,500 | New |
| Miami International HoldingsMIAX | 0.2% | $10m | 279,000 | New |
| GEO GroupGEO | 0.2% | $10m | 350,000 | New |
| Trade DeskTTD | 0.2% | $10m | 532,000 | New |
| ServiceNowNOW | 0.2% | $9m | 95,000 | Held |
| Planet FitnessPLNT | 0.1% | $8m | 150,000 | New |
| Amylyx PharmaceuticalsAMLX | 0.1% | $8m | 425,000 | New |
| KanzhunBZ | 0.1% | $7m | 538,300 | Held |
| Core ScientificCORZ | 0.1% | $7m | 265,700 | New |
| TAL ED GroupTAL | 0.1% | $7m | 700,000 | Held |
| Liberty EnergyLBRT | 0.1% | $7m | 250,000 | New |
| RBC BearingsRBC | 0.1% | $6m | 10,040 | New |
| Cemex SAB de CVCX | 0.1% | $6m | 519,900 | -56% |
| AvePointAVPT | <0.1% | $6m | 500,000 | New |
| Six Flags EntertainmentFUN | <0.1% | $4m | 194,000 | Held |
| J P Morgan Exchange Traded FJEMA | <0.1% | $2m | 28,000 | New |
| CelcuityCELC | <0.1% | $104,620 | 1,000 | -100% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 7.2% since 30 June 2025.
Where the money is
Technology28.9%
Retail & consumer14.8%
Health care13.4%
Industrials10.8%
Financial services7.9%
Media & telecom4.1%
Energy1.2%
Everyday goods0.2%
Utilities0.2%
Real estate0.2%
Materials0.1%
Other18.2%
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.