Q4 2025 · 13F-HR
Karani Asset Management LLCholdings as filed
Filed 2026-02-17 · accession 0001493152-26-007090
$122.1M
Reported value
36
Positions
2025-12-31
Period end
The Brief · Karani Asset Management LLC · Q4 2025
AI · grounded in 13F
Karani Asset Management LLC exited its position in PHM, reducing exposure by $5.42M. The fund also closed its position in KKR for $4.77M and trimmed shares of CDNS by 78.46%. On the buy side, the manager established a new position in JKHY worth $4.43M and increased its holdings in SPGI by 66.42%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 02079K305 | GOOGL | ALPHABET INC | $9.3M | 7.61% | 29,699 | Common | NONE |
| N07059210 | ASML | ASML HOLDING N V | $8.5M | 6.97% | 7,957 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $8.5M | 6.95% | 45,540 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $8.1M | 6.64% | 11,900 | PUT | NONE |
| 037833100 | AAPL | APPLE INC | $7.3M | 5.95% | 26,715 | Common | NONE |
| 78409V104 | SPGI | S&P GLOBAL INC | $6.5M | 5.36% | 12,533 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $6.5M | 5.35% | 13,510 | Common | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $6.5M | 5.34% | 11,419 | Common | NONE |
| 749607107 | RLI | RLI CORP | $6.3M | 5.16% | 98,434 | Common | NONE |
| 244199105 | DE | DEERE & CO | $6.2M | 5.08% | 13,336 | Common | NONE |
| 679580100 | ODFL | OLD DOMINION FREIGHT LINE IN | $5.2M | 4.24% | 32,991 | Common | NONE |
| 426281101 | JKHY | HENRY JACK & ASSOC INC | $4.4M | 3.63% | 24,264 | Common | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $4.4M | 3.60% | 11,879 | Common | NONE |
| 858119100 | STLD | STEEL DYNAMICS INC | $4.4M | 3.58% | 25,829 | Common | NONE |
| 461202103 | INTU | INTUIT | $4.4M | 3.57% | 6,575 | Common | NONE |
| 231021106 | CMI | CUMMINS INC | $4.0M | 3.26% | 7,791 | Common | NONE |
| 038222105 | AMAT | APPLIED MATLS INC | $4.0M | 3.25% | 15,430 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $3.2M | 2.66% | 18,733 | Common | NONE |
| 482480100 | KLAC | KLA CORP | $1.6M | 1.34% | 1,342 | Common | NONE |
| 670100205 | NVO | NOVO-NORDISK A S | $1.5M | 1.22% | 29,340 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $1.2M | 1.00% | 1,134 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $1.1M | 0.88% | 10,220 | Common | SOLE |
| 464287200 | IVV | ISHARES TR | $1.0M | 0.85% | 1,524 | Common | NONE |
| 512807306 | LRCX | LAM RESEARCH CORP | $889,794 | 0.73% | 5,198 | Common | NONE |
| 369604301 | GE | GE AEROSPACE | $863,100 | 0.71% | 2,802 | Common | NONE |
| 46120E602 | ISRG | INTUITIVE SURGICAL INC | $744,197 | 0.61% | 1,314 | Common | NONE |
| 303250104 | FICO | FAIR ISAAC CORP | $718,514 | 0.59% | 425 | Common | NONE |
| 79466L302 | CRM | SALESFORCE INC | $708,104 | 0.58% | 2,673 | Common | NONE |
| 911363109 | URI | UNITED RENTALS INC | $704,108 | 0.58% | 870 | Common | NONE |
| 127387108 | CDNS | CADENCE DESIGN SYSTEM INC | $691,427 | 0.57% | 2,212 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $649,596 | 0.53% | 2,016 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $620,022 | 0.51% | 719 | Common | NONE |
| 776696106 | ROP | ROPER TECHNOLOGIES INC | $574,218 | 0.47% | 1,290 | Common | NONE |
| 64110L106 | NFLX | NETFLIX INC | $505,366 | 0.41% | 5,390 | Common | NONE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $220,102 | 0.18% | 1,149 | Common | NONE |
| G8994E103 | TT | TRANE TECHNOLOGIES PLC | $77,840 | 0.06% | 200 | Common | NONE |
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.