RDST Capital
SEATTLE, WAfiles as RDST Capital LLC
$1.2bn in 18 US stocks at the end of 30 June 2026. The top 10 are 71.0% of the money. It changed about 28.6% of the portfolio this quarter.
Value
$1.2bn
Stocks
18
Top 10 share
71.0%
Turnover
28.6%
What changed this quarter
New
Bought for the first time this quarter.
- NvidiaNVDA5.4% of the fund
- BroadcomAVGO3.5% of the fund
Added
Bought more of a stock they already held.
- James Hardie IndustriesJHX8.7% of the fund+24%
- Taiwan Semiconductor ManufacturingTSM8.1% of the fund+15%
- Martin Marietta MaterialsMLM7.8% of the fund+72%
- Union PacificUNP7.4% of the fund+13%
- Ares ManagementARES7.3% of the fund+147%
- Amazon.comAMZN6.9% of the fund+7%
- Floor & Decor HoldingsFND6.6% of the fund+154%
- Meta PlatformsMETA6.6% of the fund+41%
- DoorDashDASH5.9% of the fund+4%
- CoupangCPNG5.8% of the fund+11%
- HubspotHUBS5.0% of the fund+135%
Cut
Sold some of their stake.
- MicrosoftMSFT5.2% of the fund-7%
- CarvanaCVNA3.3% of the fund-31%
- DatadogDDOG3.2% of the fund-75%
- Marketaxess HoldingsMKTX2.3% of the fund-16%
- Apollo Global ManagementAPO1.1% of the fund-47%
Sold out
Sold their entire stake.
- Blue Owl CapitalOWL-100%
- Marvell TechnologyMRVL-100%
- EntegrisENTG-100%
- ServiceNowNOW-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| James Hardie IndustriesJHX | 8.7% | $105m | 4,015,067 | +24% |
| Taiwan Semiconductor ManufacturingTSM | 8.1% | $97m | 203,998 | +15% |
| Martin Marietta MaterialsMLM | 7.8% | $94m | 163,550 | +72% |
| Union PacificUNP | 7.4% | $89m | 328,055 | +13% |
| Ares ManagementARES | 7.3% | $88m | 791,316 | +147% |
| Amazon.comAMZN | 6.9% | $83m | 347,474 | +7% |
| Floor & Decor HoldingsFND | 6.6% | $80m | 1,347,061 | +154% |
| Meta PlatformsMETA | 6.6% | $79m | 140,667 | +41% |
| DoorDashDASH | 5.9% | $71m | 385,140 | +4% |
| CoupangCPNG | 5.8% | $70m | 4,034,829 | +11% |
| NvidiaNVDA | 5.4% | $66m | 328,839 | New |
| MicrosoftMSFT | 5.2% | $62m | 167,344 | -7% |
| HubspotHUBS | 5.0% | $61m | 331,796 | +135% |
| BroadcomAVGO | 3.5% | $42m | 110,720 | New |
| CarvanaCVNA | 3.3% | $40m | 604,579 | -31% |
| DatadogDDOG | 3.2% | $39m | 148,040 | -75% |
| Marketaxess HoldingsMKTX | 2.3% | $28m | 247,112 | -16% |
| Apollo Global ManagementAPO | 1.1% | $13m | 112,385 | -47% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 20.7% since 30 June 2025.
Where the money is
Technology30.4%
Retail & consumer28.5%
Materials16.5%
Financial services10.7%
Industrials7.4%
Media & telecom6.6%
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.