Seldon Capital LP
SAN FRANCISCO, CA
$320m in 74 US stocks at the end of 30 June 2026. The top 10 are 56.0% of the money. It changed about 28.8% of the portfolio this quarter.
Value
$320m
Stocks
74
Top 10 share
56.0%
Turnover
28.8%
What changed this quarter
New
Bought for the first time this quarter.
- VerisignVRSN5.7% of the fund
- AppLovinAPP3.5% of the fund
- Veeco InstrumentsVECO2.4% of the fund
- MKSMKSI1.4% of the fund
- CrocsCROX1.4% of the fund
- STMicroelectronicsSTM1.1% of the fund
- Grupo Cibest SACIB0.5% of the fund
- Ecopetrol S AEC0.4% of the fund
- TwilioTWLO0.3% of the fund
- TargetTGT0.3% of the fund
- Advanced Micro DevicesAMD0.2% of the fund
- Marvell TechnologyMRVL0.1% of the fund
- KLAKLAC0.1% of the fund
- UnitedHealth GroupUNH<0.1% of the fund
- IsharesEWY<0.1% of the fund
- Texas InstrumentsTXN<0.1% of the fund
- Silvaco GroupSVCO<0.1% of the fund
- Companhia de Saneamento BasiSBS<0.1% of the fund
Added
Bought more of a stock they already held.
- Smithfield FoodsSFD2.6% of the fund+23%
- Unity SoftwareU1.7% of the fund+281%
- LSB IndustriesLXU1.4% of the fund+177%
Cut
Sold some of their stake.
- Nu HoldingsNU2.3% of the fund-19%
- Vertiv HoldingsVRT1.9% of the fund-6%
- Pampa EnergyPAM1.4% of the fund-17%
- HuyaHUYA1.2% of the fund-27%
- PDD HoldingsPDD1.2% of the fund-5%
Sold out
Sold their entire stake.
- Bentley SystemsBSY-100%
- EQTEQT-100%
- CF Industries HoldingsCF-100%
- FastlyFSLY-100%
- IsharesECH-100%
- Grayscale Bitcoin Trust ETFGBTC-100%
- Grayscale Bitcoin Mini TR ETBTC-100%
- Intuitive SurgicalISRG-100%
- Mitsubishi UFJ Financial GroupMUFG-100%
Holdings
- Vanguard Index FDSVTI
- Share
- 5.1%
- Value
- $16m
- Shares
- 43,798
Held
- Vanguard Intl Equity Index FVT
- Share
- 3.7%
- Value
- $12m
- Shares
- 75,547
Held
- Vanguard World FDVDC
- Share
- 3.4%
- Value
- $11m
- Shares
- 47,593
Held
- Vanguard Tax-Managed FDSVEA
- Share
- 3.3%
- Value
- $11m
- Shares
- 149,017
Held
- Ishares TRIEFA
- Share
- 1.9%
- Value
- $6m
- Shares
- 62,425
Held
- HuyaHUYA
- Share
- 1.2%
- Value
- $4m
- Shares
- 1,651,233
-27%
- PDD HoldingsPDD
- Share
- 1.2%
- Value
- $4m
- Shares
- 48,226
-5%
- Ishares TREFV
- Share
- 0.7%
- Value
- $2m
- Shares
- 31,000
Held
- IsharesIEMG
- Share
- 0.7%
- Value
- $2m
- Shares
- 26,019
Held
- Grupo Cibest SACIB
- Share
- 0.5%
- Value
- $2m
- Shares
- 21,458
New
- Vanguard Intl Equity Index FVWO
- Share
- 0.5%
- Value
- $2m
- Shares
- 27,148
Held
- DBX ETF TRASHR
- Share
- 0.5%
- Value
- $2m
- Shares
- 44,106
Held
- Vanguard BD Index FDSBND
- Share
- 0.5%
- Value
- $2m
- Shares
- 21,582
Held
- Ecopetrol S AEC
- Share
- 0.4%
- Value
- $1m
- Shares
- 100,000
New
- Ishares TRTIP
- Share
- 0.3%
- Value
- $931,796
- Shares
- 8,515
Held
- American Centy ETF TRAVDV
- Share
- 0.3%
- Value
- $824,400
- Shares
- 8,000
Held
- Ishares TRIGM
- Share
- 0.2%
- Value
- $619,314
- Shares
- 3,786
Held
- Ishares TRITOT
- Share
- 0.1%
- Value
- $472,441
- Shares
- 2,876
Held
- Spdr Series TrustCWB
- Share
- 0.1%
- Value
- $438,612
- Shares
- 4,068
Held
- Fidelity Merrimack STR TRFLDR
- Share
- 0.1%
- Value
- $328,321
- Shares
- 6,552
Held
- Ishares TRGOVT
- Share
- <0.1%
- Value
- $264,248
- Shares
- 11,600
Held
- IsharesEWY
- Share
- <0.1%
- Value
- $201,900
- Shares
- 1,000
New
- Companhia de Saneamento BasiSBS
- Share
- <0.1%
- Value
- $80,978
- Shares
- 14,010
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| IntelINTC | 9.9% | $32m | 226,071 | Held |
| CelesticaCLS | 8.1% | $26m | 70,785 | Held |
| Talen EnergyTLN | 6.7% | $21m | 55,800 | Held |
| VerisignVRSN | 5.7% | $18m | 72,839 | New |
| Vanguard Index FDSVTI | 5.1% | $16m | 43,798 | Held |
| Lithium Argentina AGLAR | 4.8% | $15m | 1,858,689 | Held |
| Chemical & Mining CO of ChileSQM | 4.4% | $14m | 189,808 | Held |
| TeradyneTER | 4.1% | $13m | 27,300 | Held |
| Vanguard Intl Equity Index FVT | 3.7% | $12m | 75,547 | Held |
| AppLovinAPP | 3.5% | $11m | 21,935 | New |
| Vanguard World FDVDC | 3.4% | $11m | 47,593 | Held |
| Vanguard Tax-Managed FDSVEA | 3.3% | $11m | 149,017 | Held |
| Smithfield FoodsSFD | 2.6% | $8m | 338,889 | +23% |
| Veeco InstrumentsVECO | 2.4% | $8m | 101,224 | New |
| Nu HoldingsNU | 2.3% | $7m | 544,860 | -19% |
| AppleAAPL | 2.1% | $7m | 23,268 | Held |
| Vertiv HoldingsVRT | 1.9% | $6m | 18,128 | -6% |
| Ishares TRIEFA | 1.9% | $6m | 62,425 | Held |
| Unity SoftwareU | 1.7% | $5m | 186,597 | +281% |
| LSB IndustriesLXU | 1.4% | $5m | 423,929 | +177% |
| MKSMKSI | 1.4% | $5m | 10,300 | New |
| CrocsCROX | 1.4% | $5m | 37,635 | New |
| Pampa EnergyPAM | 1.4% | $4m | 53,631 | -17% |
| HuyaHUYA | 1.2% | $4m | 1,651,233 | -27% |
| PDD HoldingsPDD | 1.2% | $4m | 48,226 | -5% |
| NvidiaNVDA | 1.1% | $4m | 17,840 | Held |
| STMicroelectronicsSTM | 1.1% | $3m | 44,965 | New |
| First Citizens BancsharesFCNCA | 0.9% | $3m | 1,434 | Held |
| AlphabetGOOGL | 0.9% | $3m | 7,720 | Held |
| Ishares TREFV | 0.7% | $2m | 31,000 | Held |
| IsharesIEMG | 0.7% | $2m | 26,019 | Held |
| MicrosoftMSFT | 0.6% | $2m | 5,126 | Held |
| Taiwan Semiconductor ManufacturingTSM | 0.6% | $2m | 3,823 | Held |
| Grupo Cibest SACIB | 0.5% | $2m | 21,458 | New |
| Vanguard Intl Equity Index FVWO | 0.5% | $2m | 27,148 | Held |
| DBX ETF TRASHR | 0.5% | $2m | 44,106 | Held |
| Vanguard BD Index FDSBND | 0.5% | $2m | 21,582 | Held |
| Ecopetrol S AEC | 0.4% | $1m | 100,000 | New |
| Amazon.comAMZN | 0.4% | $1m | 5,320 | Held |
| TwilioTWLO | 0.3% | $1m | 5,229 | New |
| Ishares TRTIP | 0.3% | $931,796 | 8,515 | Held |
| TargetTGT | 0.3% | $870,646 | 6,666 | New |
| American Centy ETF TRAVDV | 0.3% | $824,400 | 8,000 | Held |
| Applied MaterialsAMAT | 0.3% | $813,375 | 1,125 | Held |
| Meta PlatformsMETA | 0.2% | $778,467 | 1,382 | Held |
| BroadcomAVGO | 0.2% | $725,280 | 1,920 | Held |
| Lam ResearchLRCX | 0.2% | $667,328 | 1,540 | Held |
| Victoria's SecretVSXY | 0.2% | $626,935 | 7,510 | Held |
| Ishares TRIGM | 0.2% | $619,314 | 3,786 | Held |
| VisaV | 0.2% | $513,263 | 1,496 | Held |
| Advanced Micro DevicesAMD | 0.2% | $488,545 | 841 | New |
| Eli LillyLLY | 0.2% | $484,570 | 404 | Held |
| Ishares TRITOT | 0.1% | $472,441 | 2,876 | Held |
| AmphenolAPH | 0.1% | $470,422 | 2,668 | Held |
| Spdr Series TrustCWB | 0.1% | $438,612 | 4,068 | Held |
| Johnson & JohnsonJNJ | 0.1% | $435,051 | 1,713 | Held |
| Marvell TechnologyMRVL | 0.1% | $399,768 | 1,342 | New |
| KLAKLAC | 0.1% | $337,915 | 1,120 | New |
| OracleORCL | 0.1% | $331,936 | 2,265 | Held |
| Fidelity Merrimack STR TRFLDR | 0.1% | $328,321 | 6,552 | Held |
| AngloGold AshantiAU | 0.1% | $322,994 | 3,993 | Held |
| Bank of AmericaBAC | <0.1% | $313,504 | 5,502 | Held |
| WalmartWMT | <0.1% | $311,918 | 2,754 | Held |
| Home DepotHD | <0.1% | $290,961 | 825 | Held |
| UnitedHealth GroupUNH | <0.1% | $285,538 | 687 | New |
| Procter & GamblePG | <0.1% | $268,058 | 1,828 | Held |
| Ishares TRGOVT | <0.1% | $264,248 | 11,600 | Held |
| MerckMRK | <0.1% | $240,681 | 1,873 | Held |
| MastercardMA | <0.1% | $233,174 | 454 | Held |
| Costco WholesaleCOST | <0.1% | $222,642 | 238 | Held |
| IsharesEWY | <0.1% | $201,900 | 1,000 | New |
| Texas InstrumentsTXN | <0.1% | $200,303 | 672 | New |
| Silvaco GroupSVCO | <0.1% | $184,634 | 13,389 | New |
| Companhia de Saneamento BasiSBS | <0.1% | $80,978 | 14,010 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 38.9% since 30 June 2025.
Where the money is
Technology38.1%
Materials10.7%
Utilities8.1%
Media & telecom4.6%
Industrials4.3%
Financial services3.5%
Everyday goods3.1%
Retail & consumer2.1%
Health care0.5%
Other24.9%
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.