Manager holders · last 4 qtrsⓘ
7
2025Q2 – 2026Q1 · -1 QoQ
Total position
$2.7B
Combined value across tracked managers
Net move this quarter
↓ Trimming
Weighted by holders' share change
HolderQ actionValue% of port.Style
SandsⓘTrim-14.11%$2.0B7.77%High-conviction growth / Innovation-led
Baillie GiffordⓘTrim-4.06%$433M0.44%Long-term growth / Global allocation
LingottoAdd+0.85%$94M1.85%High-conviction growth / Innovation-led
Third PointⓘTrim-35.29%$93M4.46%Aggressive value / Event-driven
PolenⓘTrim-12.92%$59M0.41%Quality growth / GARP concentrated
MarathonAdd+22.31%$18M0.69%Capital cycle / Contrarian value
GivernyⓘTrim-49.44%$3M0.1%Long-term growth-value
What managers sayⓘ
2026-07-15Baillie GiffordNeutralMonks’ musings: winning the long raceDetail →
2026-07-07Baillie GiffordBullGlobal Alpha Forum: the changing growth opportunity setDetail →
2026-05-29The Capital Cycle (Marathon)BearAI and the Material World (May 2026)Detail →
2026-04-23Scottish Mortgage (Baillie Gifford)BullPrivate Investor Forum 2026: Investing in great growth companiesDetail →
2025-12-31Bonsai PartnersNeutralBonsai Partners 2H 2025 LetterDetail →
2025-12-31Southeastern Asset ManagementNeutral4Q25 Asia Pacific CommentaryDetail →
2025-09-30Third PointBullThird Point Q3 2025 Investor LetterDetail →
2025-09-30Southeastern Asset ManagementNeutral3Q25 Asia Pacific CommentaryDetail →
Earnings Callsⓘ
Overview Conclusion: Q2 results exceeded expectations, with revenue of $40.2B a record, gross margin of 67.7% above guidance, mainly due to strong demand for leading-edge processes driven by AI. Key Data: Revenue of $40.2B (up 33% YoY), gross margin of 67.7%, full-year revenue growth forecast raised to slightly above 40%. Business Progress: 2nm mass production contributed 3% of revenue, HPC up 20% QoQ. Announced additional investment of $100B in Arizona, USA, for 2nm and below and advanced packaging. A14 technology development is on track, with mass production in 2028. Guidance & Outlook: Q3 revenue of $44.6-$45.8B, gross margin of 65%-67%. Full-year CapEx raised to $60-$64B, reflecting sustained strong AI demand. Risk/Highlight Signals: Management has high confidence in multi-decade AI growth, but the consumer segment is weak due to macroeconomic headwinds. On competition, it emphasizes that there is no shortcut to technology leadership.
Financialsⓘ
Financials coming soon — 10-K data not yet synced for this name