Q4 2025 · 13F-HR
Aperture Investors, LLCholdings as filed
Filed 2026-02-17 · accession 0001172661-26-000925
$875.4M
Reported value
85
Positions
2025-12-31
Period end
The Brief · Aperture Investors, LLC · Q4 2025
AI · grounded in 13F
Aperture Investors, LLC closed its position in TREX for a reduction of $21.0M. The fund established several new positions, including ORA for $25.6M, SPX TECHNOLOGIES INC for $24.3M, and LITE for $20.8M. Additionally, the fund accumulated shares in SPY and NVDA.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $115.9M | 13.2% | 170,000 | PUT | SOLE |
| 148929102 | CAVA | CAVA GROUP INC | $30.0M | 3.43% | 511,981 | Common | SOLE |
| 26701L100 | BROS | DUTCH BROS INC | $26.6M | 3.04% | 434,462 | Common | SOLE |
| 686688102 | ORA | ORMAT TECHNOLOGIES INC | $25.6M | 2.92% | 231,633 | Common | SOLE |
| 921909768 | VXUS | VANGUARD STAR FDS | $25.6M | 2.92% | 339,093 | Common | SOLE |
| 739128106 | POWL | POWELL INDS INC | $24.4M | 2.79% | 76,693 | Common | SOLE |
| 78473E103 | SPXC | SPX TECHNOLOGIES INC | $24.3M | 2.77% | 121,406 | Common | SOLE |
| 45867G101 | IDCC | INTERDIGITAL INC | $22.7M | 2.59% | 71,239 | Common | SOLE |
| 313855108 | FSS | FEDERAL SIGNAL CORP | $22.2M | 2.53% | 204,100 | Common | SOLE |
| G8068L108 | SN | SHARKNINJA INC | $22.0M | 2.51% | 196,362 | Common | SOLE |
| 421298100 | HAYW | HAYWARD HLDGS INC | $21.4M | 2.45% | 1,387,143 | Common | SOLE |
| L6388F110 | TIGO | MILLICOM INTL CELLULAR S A | $21.2M | 2.43% | 383,048 | Common | SHARED |
| 67066G104 | NVDA | NVIDIA CORPORATION | $21.0M | 2.40% | 112,500 | CALL | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $20.8M | 2.38% | 56,449 | Common | SOLE |
| 453204109 | PI | IMPINJ INC | $20.4M | 2.33% | 117,118 | Common | SOLE |
| 859241101 | STRL | STERLING INFRASTRUCTURE INC | $20.2M | 2.31% | 66,008 | Common | SOLE |
| 91879Q109 | MTN | VAIL RESORTS INC | $20.1M | 2.30% | 151,449 | Common | SOLE |
| 000360206 | AAON | AAON INC | $19.8M | 2.27% | 260,212 | Common | SOLE |
| 117043109 | BC | BRUNSWICK CORP | $18.5M | 2.11% | 248,737 | Common | SOLE |
| 70614W100 | PTON | PELOTON INTERACTIVE INC | $18.4M | 2.10% | 2,989,369 | Common | SOLE |
| 04010E109 | AGX | ARGAN INC | $17.1M | 1.95% | 54,587 | Common | SOLE |
| 819047101 | SHAK | SHAKE SHACK INC | $16.8M | 1.92% | 207,366 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $14.5M | 1.66% | 116,299 | Common | SOLE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $14.2M | 1.62% | 263,332 | Common | SOLE |
| 758750103 | RRX | REGAL REXNORD CORPORATION | $12.2M | 1.39% | 86,677 | Common | SOLE |
| 78781J109 | SAIL | SAILPOINT INC | $11.7M | 1.33% | 577,417 | Common | SOLE |
| 631103108 | NDAQ | NASDAQ INC | $10.5M | 1.20% | 107,760 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $8.9M | 1.02% | 147,859 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $8.0M | 0.91% | 23,000 | CALL | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $7.4M | 0.85% | 15,329 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $7.4M | 0.84% | 12,000 | PUT | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $6.9M | 0.79% | 188,760 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $6.9M | 0.78% | 55,000 | CALL | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $6.8M | 0.78% | 36,499 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $6.8M | 0.78% | 30,033 | Common | SHARED |
| 023135106 | AMZN | AMAZON COM INC | $6.2M | 0.71% | 27,074 | Common | SOLE |
| 98850P109 | YUMC | YUM CHINA HLDGS INC | $6.2M | 0.70% | 129,018 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $5.8M | 0.66% | 19,047 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $5.6M | 0.64% | 38,483 | Common | SOLE |
| 92552V100 | VSAT | VIASAT INC | $5.6M | 0.64% | 162,500 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $5.5M | 0.63% | 103,468 | Common | SOLE |
| 155923105 | CTRI | CENTURI HOLDINGS INC | $5.5M | 0.63% | 218,462 | Common | SOLE |
| 88579Y101 | MMM | 3M CO | $5.4M | 0.62% | 33,635 | Common | SOLE |
| 670100205 | NVO | NOVO-NORDISK A S | $5.0M | 0.58% | 99,121 | Common | SOLE |
| 535219109 | LIND | LINDBLAD EXPEDITIONS HLDGS I | $5.0M | 0.57% | 343,683 | Common | SOLE |
| N97284108 | NBIS | NEBIUS GROUP N.V. | $4.9M | 0.56% | 58,987 | Common | SHARED |
| 82982T106 | SITM | SITIME CORP | $4.9M | 0.56% | 13,818 | Common | SOLE |
| 803054204 | SAP | SAP SE | $4.7M | 0.54% | 19,441 | Common | SOLE |
| H01301128 | ALC | ALCON AG | $4.4M | 0.51% | 56,423 | Common | SOLE |
| 741623102 | PRMB | PRIMO BRANDS CORPORATION | $4.4M | 0.50% | 269,158 | Common | SOLE |
| 903731107 | ULS | UL SOLUTIONS INC | $4.4M | 0.50% | 55,572 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $4.3M | 0.50% | 85,342 | Common | SOLE |
| 191241108 | KOF | COCA-COLA FEMSA SAB DE CV | $4.2M | 0.48% | 44,627 | Common | SOLE |
| 00187Y100 | APG | API GROUP CORP | $4.2M | 0.48% | 109,947 | Common | SOLE |
| 92840M102 | VST | VISTRA CORP | $4.1M | 0.47% | 25,398 | Common | SOLE |
| 90138A103 | VNET | VNET GROUP INC | $4.0M | 0.46% | 477,646 | Common | SOLE |
| 45104G104 | IBN | ICICI BANK LIMITED | $4.0M | 0.45% | 133,325 | Common | SOLE |
| 835699307 | SONY | SONY GROUP CORP | $4.0M | 0.45% | 154,731 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $3.9M | 0.44% | 10,937 | Common | SOLE |
| 013872106 | AA | ALCOA CORP | $3.7M | 0.42% | 68,960 | Common | SOLE |
| 60471A101 | MIR | MIRION TECHNOLOGIES INC | $3.6M | 0.41% | 151,685 | Common | SOLE |
| 62548M209 | CTEV | CLARITEV CORPORATION | $3.5M | 0.39% | 80,720 | Common | SOLE |
| 750940108 | RAL | RALLIANT CORP | $3.4M | 0.38% | 66,173 | Common | SOLE |
| G17977110 | BUR | BURFORD CAP LTD | $3.3M | 0.38% | 369,095 | Common | SOLE |
| 695156109 | PKG | PACKAGING CORP AMER | $3.2M | 0.37% | 15,557 | Common | SOLE |
| 34354P105 | FLS | FLOWSERVE CORP | $3.2M | 0.37% | 46,120 | Common | SOLE |
| 046353108 | AZNN | ASTRAZENECA PLC | $3.1M | 0.35% | 33,732 | Common | SOLE |
| H2927K103 | AMRZ | AMRIZE LTD | $3.1M | 0.35% | 57,179 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $2.8M | 0.32% | 2,580 | Common | SOLE |
| 576323109 | MTZ | MASTEC INC | $2.4M | 0.27% | 10,978 | Common | SOLE |
| 910047109 | UAL | UNITED AIRLS HLDGS INC | $2.4M | 0.27% | 21,138 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $2.4M | 0.27% | 6,285 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $2.2M | 0.25% | 5,219 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $2.2M | 0.25% | 11,678 | Common | SOLE |
| 300426103 | ECG | EVERUS CONSTR GROUP | $2.1M | 0.24% | 24,946 | Common | SOLE |
| 349381103 | FIGR | FIGURE TECHNOLOGY SOLUTIO | $2.1M | 0.24% | 51,250 | Common | SOLE |
| 501044101 | KR | KROGER CO | $2.0M | 0.23% | 32,360 | Common | SOLE |
| G5960L103 | MDT | MEDTRONIC PLC | $1.8M | 0.21% | 19,024 | Common | SOLE |
| 45174J509 | IHRT | IHEARTMEDIA INC | $1.7M | 0.19% | 400,000 | Common | SOLE |
| 904767803 | UL | UNILEVER PLC | $1.6M | 0.19% | 25,050 | Common | SOLE |
| V5633W109 | MMYT | MAKEMYTRIP LIMITED MAURITIUS | $1.6M | 0.18% | 19,145 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $1.3M | 0.15% | 68,541 | Common | SOLE |
| 912932100 | UNIT | UNITI GROUP LLC | $1.2M | 0.14% | 177,223 | Common | SOLE |
| 45857P806 | IHG | INTERCONTINENTAL HOTELS GROU | $1.2M | 0.13% | 8,204 | Common | SOLE |
| 93403J106 | WRBY | WARBY PARKER INC | $1.1M | 0.13% | 51,119 | 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.