Q2 2025 · 13F-HR
Telemark Asset Management, LLCholdings as filed
Filed 2025-08-12 · accession 0000898432-25-000586
$1.10B
Reported value
49
Positions
2025-06-30
Period end
The Brief · Telemark Asset Management, LLC · Q2 2025
AI · grounded in 13F
Telemark Asset Management, LLC established a new position in INVESCO QQQ TR valued at $159.98M. The fund also initiated new stakes in NVDA for $94.79M and CCJ for $74.23M. Additional new positions include HEI at $45.92M, META at $44.29M, and CSGP at $44.22M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46090E953 | QQQ | INVESCO QQQ TR | $160.0M | 14.5% | 290,000 | PUT | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $94.8M | 8.60% | 600,000 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $74.2M | 6.73% | 1,000,000 | Common | SOLE |
| 422806109 | HEI | HEICO CORP NEW | $45.9M | 4.17% | 140,000 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $44.3M | 4.02% | 60,000 | Common | SOLE |
| 22160N109 | CSGP | COSTAR GROUP INC | $44.2M | 4.01% | 550,000 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $43.9M | 3.98% | 200,000 | Common | SOLE |
| 422806208 | HEI/A | HEICO CORP NEW | $32.3M | 2.93% | 125,000 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $29.2M | 2.65% | 500,000 | Common | SOLE |
| 75281A109 | RRC | RANGE RES CORP | $28.5M | 2.58% | 700,000 | Common | SOLE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $28.0M | 2.54% | 150,000 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $27.2M | 2.47% | 120,000 | Common | SOLE |
| 184496107 | CLH | CLEAN HARBORS INC | $25.4M | 2.31% | 110,000 | Common | SOLE |
| 030111207 | AMSC | AMERICAN SUPERCONDUCTOR CORP | $25.3M | 2.30% | 690,000 | Common | SOLE |
| 05464C101 | AXON | AXON ENTERPRISE INC | $24.8M | 2.25% | 30,000 | Common | SOLE |
| 896239100 | TRMB | TRIMBLE INC | $22.8M | 2.07% | 300,000 | Common | SOLE |
| 097023105 | BA | BOEING CO | $21.0M | 1.90% | 100,000 | Common | SOLE |
| H2906T109 | GRMN | GARMIN LTD | $20.9M | 1.89% | 100,000 | Common | SOLE |
| 67000B104 | NOVT | NOVANTA INC | $19.3M | 1.75% | 150,000 | Common | SOLE |
| 10948C107 | BV | BRIGHTVIEW HLDGS INC | $19.1M | 1.74% | 1,150,000 | Common | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $19.0M | 1.73% | 80,000 | Common | SOLE |
| 351858105 | FNV | FRANCO NEV CORP | $16.4M | 1.49% | 100,000 | Common | SOLE |
| 042068205 | ARM | ARM HOLDINGS PLC | $16.2M | 1.47% | 100,000 | Common | SOLE |
| 05605H100 | BWXT | BWX TECHNOLOGIES INC | $14.4M | 1.31% | 100,000 | Common | SOLE |
| 595017104 | MCHP | MICROCHIP TECHNOLOGY INC. | $14.1M | 1.28% | 200,000 | Common | SOLE |
| 03938L203 | MT | ARCELORMITTAL SA LUXEMBOURG | $12.6M | 1.15% | 400,000 | Common | SOLE |
| 219350105 | GLW | CORNING INC | $12.6M | 1.15% | 240,000 | Common | SOLE |
| 90138F102 | TWLO | TWILIO INC | $12.4M | 1.13% | 100,000 | Common | SOLE |
| 315616102 | FFIV | F5 INC | $11.8M | 1.07% | 40,000 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $11.5M | 1.05% | 100,000 | Common | SOLE |
| 671044105 | OSIS | OSI SYSTEMS INC | $11.2M | 1.02% | 50,000 | Common | SOLE |
| Y4600W108 | KARO | KAROOOOO LTD | $11.0M | 1.00% | 225,150 | Common | SOLE |
| 60471A101 | MIR | MIRION TECHNOLOGIES INC | $10.8M | 0.98% | 500,000 | Common | SOLE |
| 04523Y105 | ASPN | ASPEN AEROGELS INC | $10.6M | 0.96% | 1,792,424 | Common | SOLE |
| 00218A105 | ASPI | ASP ISOTOPES INC | $10.5M | 0.95% | 1,425,000 | Common | SOLE |
| 192005106 | CDXS | CODEXIS INC | $9.8M | 0.89% | 4,000,000 | Common | SOLE |
| 090043100 | BILL | BILL HOLDINGS INC | $9.3M | 0.84% | 200,000 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $8.0M | 0.73% | 10,000 | Common | SOLE |
| M2197Q107 | CLBT | CELLEBRITE DI LTD | $8.0M | 0.73% | 500,000 | Common | SOLE |
| 431636109 | HLMN | HILLMAN SOLUTIONS CORP | $7.1M | 0.65% | 1,000,000 | Common | SOLE |
| 500600101 | KOPN | KOPIN CORP | $6.1M | 0.56% | 4,000,000 | Common | SOLE |
| 65290E101 | NXT | NEXTRACKER INC | $5.4M | 0.49% | 100,000 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $5.3M | 0.48% | 30,000 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $5.0M | 0.45% | 10,000 | Common | SOLE |
| 04271T100 | ARRY | ARRAY TECHNOLOGIES INC | $3.0M | 0.27% | 500,000 | Common | SOLE |
| 258278100 | DORM | DORMAN PRODS INC | $2.5M | 0.22% | 20,000 | Common | SOLE |
| 09075X108 | BDSX | BIODESIX INC | $2.3M | 0.21% | 8,282,490 | Common | SOLE |
| 82489W107 | SHLS | SHOALS TECHNOLOGIES GROUP IN | $2.1M | 0.19% | 500,000 | Common | SOLE |
| M1R95N100 | ARBE | ARBE ROBOTICS LTD | $2.0M | 0.19% | 1,150,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.