Sphera Management Technology Funds
TEL AVIV, L3files as Sphera Management Technology Funds Ltd
$285m in 83 US stocks at the end of 30 June 2026. The top 10 are 42.5% of the money. It changed about 26.6% of the portfolio this quarter.
Value
$285m
Stocks
83
Top 10 share
42.5%
Turnover
26.6%
What changed this quarter
New
Bought for the first time this quarter.
- Cisco SystemsCSCO1.4% of the fund
- NutanixNTNX1.3% of the fund
- Dell TechnologiesDELL1.2% of the fund
- Lam ResearchLRCX1.2% of the fund
- Datadog1.0% of the fund
- Global-E OnlineGLBE1.0% of the fund
- Cloudflare1.0% of the fund
- DatadogDDOG0.9% of the fund
- Cerebras SystemsCBRS0.9% of the fund
- Nutanix0.8% of the fund
- Enphase Energy0.7% of the fund
- Sitime0.7% of the fund
- VicorVICR0.7% of the fund
- Microchip Technology0.6% of the fund
- Affirm Hldgs0.6% of the fund
- STMicroelectronicsSTM0.6% of the fund
- Interactive Brokers GroupIBKR0.6% of the fund
- Uber Technologies0.6% of the fund
- RambusRMBS0.6% of the fund
- Guidewire Software0.5% of the fund
- Onto InnovationONTO0.5% of the fund
- Fluor0.5% of the fund
- Rubrik0.4% of the fund
- Uber Technologies0.4% of the fund
- Aerovironment0.4% of the fund
Added
Bought more of a stock they already held.
- AlphabetGOOG5.1% of the fund+34%
- MicrosoftMSFT4.8% of the fund+22%
- BroadcomAVGO4.6% of the fund+24%
- Meta PlatformsMETA4.3% of the fund+20%
- TeslaTSLA3.7% of the fund+8%
- NovaNVMI1.8% of the fund+61%
- OracleORCL1.8% of the fund+50%
- Enphase EnergyENPH1.6% of the fund+91%
- ServiceNowNOW1.6% of the fund+32%
- SnowflakeSNOW1.6% of the fund+17%
- MongoDBMDB1.5% of the fund+28%
- Texas InstrumentsTXN1.5% of the fund+7%
- CamtekCAMT1.3% of the fund+2%
- Uber TechnologiesUBER1.2% of the fund+17%
- SemtechSMTC1.1% of the fund+32%
- Cellebrite DICLBT1.1% of the fund+37%
- monday.comMNDY1.1% of the fund+182%
- NetflixNFLX1.0% of the fund+14%
- WalmartWMT1.0% of the fund+56%
- Wix.comWIX0.9% of the fund+181%
- RubrikRBRK0.9% of the fund+11%
- Unity Software0.7% of the fund+20%
- SalesforceCRM0.5% of the fund+79%
- Trade DeskTTD0.4% of the fund+64%
Cut
Sold some of their stake.
- Advanced Micro DevicesAMD6.3% of the fund-23%
- NvidiaNVDA3.5% of the fund-20%
- IntelINTC3.3% of the fund-50%
- Palo Alto NetworksPANW1.7% of the fund-36%
- Applied MaterialsAMAT1.5% of the fund-26%
- TwilioTWLO1.3% of the fund-25%
- Analog DevicesADI1.3% of the fund-7%
- Allegro MicrosystemsALGM1.2% of the fund-17%
- NokiaNOK1.1% of the fund-7%
- ON SemiconductorON0.8% of the fund-11%
- Taiwan Semiconductor ManufacturingTSM0.7% of the fund-46%
- Lattice SemiconductorLSCC0.4% of the fund-34%
- Solaredge Technologies0.2% of the fund-88%
Sold out
Sold their entire stake.
- ON Semiconductor-100%
- KLAKLAC-100%
- Arista NetworksANET-100%
- TTM TechnologiesTTMI-100%
- Varonis SYS-100%
- First SolarFSLR-100%
- SentinelOneS-100%
Holdings
- NokiaNOK
- Share
- 1.1%
- Value
- $3m
- Shares
- 232,050
-7%
- Datadog
- Share
- 1.0%
- Value
- $3m
- Shares
- 2,050,000
New
- Cloudflare
- Share
- 1.0%
- Value
- $3m
- Shares
- 2,200,000
New
- Cerebras SystemsCBRS
- Share
- 0.9%
- Value
- $2m
- Shares
- 11,000
New
- Nutanix
- Share
- 0.8%
- Value
- $2m
- Shares
- 2,400,000
New
- Enphase Energy
- Share
- 0.7%
- Value
- $2m
- Shares
- 2,200,000
New
- Unity Software
- Share
- 0.7%
- Value
- $2m
- Shares
- 1,800,000
+20%
- Sitime
- Share
- 0.7%
- Value
- $2m
- Shares
- 1,800,000
New
- Microchip Technology
- Share
- 0.6%
- Value
- $2m
- Shares
- 1,650,000
New
- Affirm Hldgs
- Share
- 0.6%
- Value
- $2m
- Shares
- 1,500,000
New
- Uber Technologies
- Share
- 0.6%
- Value
- $2m
- Shares
- 1,400,000
New
- Guidewire Software
- Share
- 0.5%
- Value
- $1m
- Shares
- 1,550,000
New
- Fluor
- Share
- 0.5%
- Value
- $1m
- Shares
- 1,100,000
New
- Rubrik
- Share
- 0.4%
- Value
- $1m
- Shares
- 1,250,000
New
- Uber Technologies
- Share
- 0.4%
- Value
- $1m
- Shares
- 1,000,000
New
- Renatus Tactical Acquisition Corp IRTAC
- Share
- 0.4%
- Value
- $1m
- Shares
- 100,000
Held
- Aerovironment
- Share
- 0.4%
- Value
- $1m
- Shares
- 1,100,000
New
- Doordash
- Share
- 0.4%
- Value
- $1m
- Shares
- 1,050,000
New
- Sunrun
- Share
- 0.3%
- Value
- $841,458
- Shares
- 700,000
New
- Etsy
- Share
- 0.3%
- Value
- $814,553
- Shares
- 700,000
New
- Snowflake
- Share
- 0.3%
- Value
- $795,024
- Shares
- 450,000
New
- Fluence Energy
- Share
- 0.2%
- Value
- $704,769
- Shares
- 550,000
New
- Solaredge Technologies
- Share
- 0.2%
- Value
- $677,879
- Shares
- 350,000
-88%
- Akamai Technologies
- Share
- 0.2%
- Value
- $658,795
- Shares
- 550,000
New
- Cyberark Software
- Share
- 0.2%
- Value
- $500,073
- Shares
- 300,000
New
- ON Semiconductor
- Share
- 0.1%
- Value
- $423,154
- Shares
- 350,000
New
- Coinbase Global
- Share
- 0.1%
- Value
- $405,053
- Shares
- 450,000
New
- Joby Aviation
- Share
- <0.1%
- Value
- $182,655
- Shares
- 200,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Advanced Micro DevicesAMD | 6.3% | $18m | 30,810 | -23% |
| AlphabetGOOG | 5.1% | $15m | 41,450 | +34% |
| Amazon.comAMZN | 5.1% | $15m | 61,200 | Held |
| MicrosoftMSFT | 4.8% | $14m | 36,550 | +22% |
| BroadcomAVGO | 4.6% | $13m | 34,350 | +24% |
| Meta PlatformsMETA | 4.3% | $12m | 21,560 | +20% |
| TeslaTSLA | 3.7% | $11m | 25,420 | +8% |
| NvidiaNVDA | 3.5% | $10m | 49,880 | -20% |
| IntelINTC | 3.3% | $9m | 66,550 | -50% |
| NovaNVMI | 1.8% | $5m | 9,650 | +61% |
| OracleORCL | 1.8% | $5m | 34,520 | +50% |
| Palo Alto NetworksPANW | 1.7% | $5m | 14,300 | -36% |
| Enphase EnergyENPH | 1.6% | $5m | 95,320 | +91% |
| ServiceNowNOW | 1.6% | $5m | 46,680 | +32% |
| SnowflakeSNOW | 1.6% | $5m | 18,125 | +17% |
| Applied MaterialsAMAT | 1.5% | $4m | 6,000 | -26% |
| MongoDBMDB | 1.5% | $4m | 12,835 | +28% |
| Texas InstrumentsTXN | 1.5% | $4m | 14,200 | +7% |
| Cisco SystemsCSCO | 1.4% | $4m | 34,550 | New |
| TwilioTWLO | 1.3% | $4m | 18,650 | -25% |
| Generac HoldingsGNRC | 1.3% | $4m | 12,900 | Held |
| SimilarwebSMWB | 1.3% | $4m | 615,000 | Held |
| Analog DevicesADI | 1.3% | $4m | 9,455 | -7% |
| CamtekCAMT | 1.3% | $4m | 21,901 | +2% |
| NutanixNTNX | 1.3% | $4m | 70,000 | New |
| Dell TechnologiesDELL | 1.2% | $3m | 8,080 | New |
| Lam ResearchLRCX | 1.2% | $3m | 8,000 | New |
| Uber TechnologiesUBER | 1.2% | $3m | 46,400 | +17% |
| Allegro MicrosystemsALGM | 1.2% | $3m | 47,550 | -17% |
| SemtechSMTC | 1.1% | $3m | 19,140 | +32% |
| Cellebrite DICLBT | 1.1% | $3m | 211,800 | +37% |
| NokiaNOK | 1.1% | $3m | 232,050 | -7% |
| monday.comMNDY | 1.1% | $3m | 42,250 | +182% |
| Datadog | 1.0% | $3m | 2,050,000 | New |
| NetflixNFLX | 1.0% | $3m | 40,300 | +14% |
| Global-E OnlineGLBE | 1.0% | $3m | 81,800 | New |
| WalmartWMT | 1.0% | $3m | 25,000 | +56% |
| Cloudflare | 1.0% | $3m | 2,200,000 | New |
| DatadogDDOG | 0.9% | $3m | 10,185 | New |
| Wix.comWIX | 0.9% | $3m | 56,250 | +181% |
| RubrikRBRK | 0.9% | $2m | 30,730 | +11% |
| Cerebras SystemsCBRS | 0.9% | $2m | 11,000 | New |
| Nutanix | 0.8% | $2m | 2,400,000 | New |
| ON SemiconductorON | 0.8% | $2m | 24,375 | -11% |
| Enphase Energy | 0.7% | $2m | 2,200,000 | New |
| Taiwan Semiconductor ManufacturingTSM | 0.7% | $2m | 4,300 | -46% |
| Unity Software | 0.7% | $2m | 1,800,000 | +20% |
| Sitime | 0.7% | $2m | 1,800,000 | New |
| VicorVICR | 0.7% | $2m | 5,000 | New |
| Microchip Technology | 0.6% | $2m | 1,650,000 | New |
| Affirm Hldgs | 0.6% | $2m | 1,500,000 | New |
| STMicroelectronicsSTM | 0.6% | $2m | 23,250 | New |
| Interactive Brokers GroupIBKR | 0.6% | $2m | 20,000 | New |
| Uber Technologies | 0.6% | $2m | 1,400,000 | New |
| RambusRMBS | 0.6% | $2m | 11,950 | New |
| SalesforceCRM | 0.5% | $2m | 9,820 | +79% |
| Guidewire Software | 0.5% | $1m | 1,550,000 | New |
| Onto InnovationONTO | 0.5% | $1m | 3,900 | New |
| Fluor | 0.5% | $1m | 1,100,000 | New |
| Rubrik | 0.4% | $1m | 1,250,000 | New |
| Lattice SemiconductorLSCC | 0.4% | $1m | 8,100 | -34% |
| CompassCOMP | 0.4% | $1m | 100,000 | Held |
| Uber Technologies | 0.4% | $1m | 1,000,000 | New |
| Trade DeskTTD | 0.4% | $1m | 65,550 | +64% |
| Applied OptoelectronicsAAOI | 0.4% | $1m | 7,590 | Held |
| Coinbase GlobalCOIN | 0.4% | $1m | 7,400 | Held |
| Renatus Tactical Acquisition Corp IRTAC | 0.4% | $1m | 100,000 | Held |
| Aerovironment | 0.4% | $1m | 1,100,000 | New |
| Doordash | 0.4% | $1m | 1,050,000 | New |
| Churchill Capital Corp XICCXI | 0.3% | $872,500 | 50,000 | New |
| Sunrun | 0.3% | $841,458 | 700,000 | New |
| Etsy | 0.3% | $814,553 | 700,000 | New |
| Snowflake | 0.3% | $795,024 | 450,000 | New |
| Fluence Energy | 0.2% | $704,769 | 550,000 | New |
| Solaredge Technologies | 0.2% | $677,879 | 350,000 | -88% |
| Akamai Technologies | 0.2% | $658,795 | 550,000 | New |
| Oddity TechODD | 0.2% | $529,550 | 35,000 | Held |
| Serve RoboticsSERV | 0.2% | $526,400 | 80,000 | Held |
| Cyberark Software | 0.2% | $500,073 | 300,000 | New |
| ON Semiconductor | 0.1% | $423,154 | 350,000 | New |
| Coinbase Global | 0.1% | $405,053 | 450,000 | New |
| SunPowerSPWR | 0.1% | $297,945 | 433,500 | Held |
| Joby Aviation | <0.1% | $182,655 | 200,000 | New |
Options (3)
- Hims & Hers HealthHIMS
- Type
- Put
- Value
- $589,390
- Contracts
- 17,000
- Solaredge TechnologiesSEDG
- Type
- Put
- Value
- $426,612
- Contracts
- 7,300
- Joby AviationJOBY
- Type
- Put
- Value
- $125,772
- Contracts
- 14,100
| Company | Type | Value | Contracts |
|---|---|---|---|
| Hims & Hers HealthHIMS | Put | $589,390 | 17,000 |
| Solaredge TechnologiesSEDG | Put | $426,612 | 7,300 |
| Joby AviationJOBY | Put | $125,772 | 14,100 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 74.9% since 30 June 2025.
Where the money is
Technology58.3%
Media & telecom10.4%
Retail & consumer8.9%
Industrials6.9%
Financial services1.4%
Everyday goods1.0%
Real estate0.4%
Materials0.2%
Other12.6%
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.