Manager holders · last 5 qtrsⓘ
4
2025Q2 – 2026Q2 · flat QoQ
Total position
$1.5B
Combined value across tracked managers
Net move this quarter
↓ Trimming
Weighted by holders' share change
HolderQ actionValue% of port.Style
SandsⓘTrim-16.59%$1.1B3.94%High-conviction growth / Innovation-led
Valley ForgeHold$340M10.92%Ultra-concentrated / Quality growth
Third PointⓘAdd+150%$60M1.27%Aggressive value / Event-driven
PolenⓘTrim-4.01%$31M0.26%Quality growth / GARP concentrated
What managers sayⓘ
2026-08-12Scottish Mortgage (Baillie Gifford)BullBaillie Gifford Scottish Mortgage Investment Trust FactsheetDetail →
2026-08-12Baillie Gifford European Growth TrustNeutralBaillie Gifford European Growth Investment Trust FactsheetDetail →
2026-08-04Colossus (Invest Like the Best / Business Breakdowns)NeutralGavin Baker - AI Market Jitters - [Invest Like the Best, EP.485]Detail →
2026-07-27Scottish Mortgage (Baillie Gifford)BullASML: The Printing Press of the AI AgeDetail →
2026-07-13Baillie Gifford Cautious Managed FundBullBaillie Gifford Cautious Managed Fund FactsheetDetail →
2026-07-13Baillie Gifford Managed FundNeutralBaillie Gifford Managed Fund FactsheetDetail →
2026-07-09Scottish Mortgage (Baillie Gifford)BullBaillie Gifford Scottish Mortgage Investment Trust FactsheetDetail →
2026-07-09Baillie Gifford European Growth TrustNeutralBaillie Gifford European Growth Investment Trust FactsheetDetail →
Earnings Callsⓘ
Q2 results beat expectations, driven primarily by strong EUV demand and capacity expansion, which fueled revenue growth of 35%.
Revenue grew 35% year-over-year, with High-NA EUV shipments expected to reach 4-5 units for the full year.
Management plans to increase 2027 capacity by 30% by freeing up R&D positions, shortening cycle time, and collaborating with the supply chain. It is also studying an additional 30% increase for 2028. Customer demand is robust for both the E and F platforms. The F platform will be used for the 1.4nm node, and as High-NA matures, it can also be deployed for capacity expansion.
The outlook did not provide specific figures, but emphasized that capacity will increase quarter by quarter each year, and operating leverage will continue to improve.
Positive signal: Management believes its bargaining power is stronger in the current environment, allowing for future ASP increases. Negative signal: High-NA and Low-NA optical equipment are not interchangeable, and supply chain expansion is constrained.
Financialsⓘ
Financials coming soon — 10-K data not yet synced for this name