Institutional
Nutshell Asset Management Ltd
CIK 0002021442
$184.1M
Reported AUM
34
Positions
Q1 2026
Period
2026-05-14
Filed
The Brief · Nutshell Asset Management Ltd · Q1 2026
AI · grounded in 13F
Nutshell Asset Management Ltd initiated a new position in ANET worth $10.1M. The fund also added new stakes in RMD for $8.2M and FICO for $5.5M. On the sell side, the manager closed its position in PYPL, reducing exposure by $6.9M. Other significant reductions included trimming shares of BIL by 93.5% and V by 75%.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | $190.01 | -3.55% | 13.56% | 782.99% | $19.1M | 10.36% | — | HELD |
| 2 | MA | MASTERCARD INCORPORATED | $563.32 | 0.10% | 1.24% | 67.59% | $15.8M | 8.56% | — | HELD |
| 3 | APH | AMPHENOL CORP | $150.31 | 4.49% | 38.85% | 292.78% | $15.4M | 8.39% | — | HELD |
| 4 | MSFT | MICROSOFT CORP | $390.54 | -0.71% | -24.89% | 34.54% | $14.4M | 7.82% | — | HELD |
| 5 | ADBE | ADOBE INC | $263.43 | 5.72% | -24.43% | -60.40% | $12.8M | 6.97% | — | HELD |
| 6 | FTNT | FORTINET INC | $153.22 | 2.16% | 54.05% | 137.96% | $11.7M | 6.38% | — | HELD |
| 7 | ANET | ARISTA NETWORKS INC | $157.97 | -6.92% | 44.35% | 634.81% | $10.1M | 5.49% | — | HELD |
| 8 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $374.67 | -4.50% | 61.05% | 241.53% | $8.7M | 4.73% | — | HELD |
| 9 | TW | TRADEWEB MKTS INC | $108.18 | 3.75% | -23.56% | 22.24% | $8.2M | 4.45% | — | HELD |
| 10 | RMD | RESMED INC | $214.29 | 2.55% | -23.11% | -23.64% | $8.2M | 4.44% | — | HELD |
| 11 | FICO | FAIR ISAAC CORP | $1373.08 | 2.76% | -0.58% | 198.66% | $5.5M | 2.99% | — | HELD |
| 12 | INTU | INTUIT | $333.13 | 6.43% | -57.09% | -39.66% | $5.5M | 2.98% | — | HELD |
| 13 | AVGO | BROADCOM INC | $370.32 | -2.78% | 31.81% | 734.42% | $4.6M | 2.52% | — | HELD |
| 14 | MSCI | MSCI INC | $582.92 | 0.61% | 6.36% | -2.79% | $4.3M | 2.32% | — | HELD |
| 15 | BKNG | BOOKING HOLDINGS INC | $201.30 | 1.00% | -6.71% | 121.27% | $4.0M | 2.15% | — | HELD |
| 16 | QLYS | QUALYS INC | $135.13 | -0.46% | 4.83% | 16.57% | $3.6M | 1.94% | — | HELD |
| 17 | ADP | AUTOMATIC DATA PROCESSING IN | $273.37 | 3.48% | -9.63% | 41.03% | $3.3M | 1.81% | — | HELD |
| 18 | IDXX | IDEXX LABS INC | $569.77 | 0.04% | 6.35% | -15.47% | $3.3M | 1.80% | — | HELD |
| 19 | GOOGL | ALPHABET INC | $336.71 | 0.90% | 76.51% | 132.04% | $3.3M | 1.77% | — | HELD |
| 20 | V | VISA INC | $368.73 | 0.58% | 9.62% | 67.02% | $3.0M | 1.61% | — | HELD |
| 21 | DPZ | DOMINOS PIZZA INC | $360.00 | 2.72% | -21.29% | -25.32% | $2.9M | 1.56% | — | HELD |
| 22 | FLOT | ISHARES TR | $51.01 | -0.08% | 4.53% | 23.48% | $2.0M | 1.11% | — | HELD |
| 23 | BIL | SPDR SERIES TRUST | $91.64 | 0.01% | 3.70% | 18.93% | $2.0M | 1.10% | — | HELD |
| 24 | ROL | ROLLINS INC | $38.75 | -0.67% | -31.63% | 6.67% | $2.0M | 1.07% | — | HELD |
| 25 | AAPL | APPLE INC | $338.19 | -0.56% | 67.77% | 128.17% | $1.2M | 0.64% | — | HELD |
| 26 | MCO | MOODYS CORP | $483.24 | -0.20% | -2.79% | 32.16% | $1.1M | 0.62% | — | HELD |
| 27 | ORLY | OREILLY AUTOMOTIVE INC | $90.63 | -0.59% | -8.02% | 130.20% | $1.1M | 0.60% | — | HELD |
| 28 | AZO | AUTOZONE INC | $3142.17 | 0.75% | -18.78% | 102.30% | $1.0M | 0.57% | — | HELD |
| 29 | VRSK | VERISK ANALYTICS INC | $213.15 | 0.42% | -21.22% | 8.83% | $1.0M | 0.56% | — | HELD |
| 30 | CHKP | CHECK POINT SOFTWARE TECH LT | $139.67 | 1.47% | -25.94% | 11.18% | $1.0M | 0.55% | — | HELD |
| 31 | VRSN | VERISIGN INC | $290.92 | 3.48% | — | — | $1.0M | 0.55% | — | HELD |
| 32 | QQQ | INVESCO QQQ TR | $661.73 | -2.04% | — | — | $1.0M | 0.55% | — | HELD |
| 33 | BRK/B | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $1.0M | 0.55% | — | HELD |
| 34 | VFLO | VICTORY PORTFOLIOS II | $50.22 | 1.33% | — | — | $864K | 0.47% | — | HELD |
Source: SEC EDGAR · accession 0002021442-26-000004. 13F discloses long positions only — shorts, foreign equities, and options are excluded.