Institutional
Spear Advisors LLC
CIK 0002119894
$134.3M
Reported AUM
26
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Spear Advisors LLC · Q1 2026
AI · grounded in 13F
Spear Advisors LLC initiated a new position in Karman Holdings Inc KRMN with a $10.2M investment. The fund also established new stakes in KLA CORP KLAC for $10.1M and AeroVironment Inc AVAV for $8.4M. On the sell side, the fund closed its position in Shopify Inc SHOP, reducing its exposure by $5.6M. Other notable reductions include trimming shares of MARVELL TECHNOLOGY INC MRVL by 69.8% and Credo Technology Group Holding Ltd CRDO by 67.6%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | COHR | Coherent Corp | $376.99 | -10.64% | 372.77% | 440.02% | $12.3M | 9.17% | −23,658 | −31.4% |
| 2 | KRMN | Karman Holdings Inc | $48.41 | -2.08% | 6.44% | 47.94% | $10.2M | 7.63% | +127,974 | NEW |
| 3 | KLAC | KLA CORP | $1929.20 | -9.47% | 140.30% | 482.93% | $10.1M | 7.55% | +6,887 | NEW |
| 4 | WULF | Terawulf Inc | $24.00 | -8.36% | 451.72% | 29.32% | $9.7M | 7.24% | +97,608 | +16.9% |
| 5 | AVAV | AeroVironment Inc | $185.92 | -9.04% | -2.60% | 83.90% | $8.4M | 6.23% | +45,700 | NEW |
| 6 | MKSI | MKS Inc | $301.65 | -8.65% | 242.13% | 100.28% | $8.2M | 6.10% | +35,651 | NEW |
| 7 | NVDA | NVIDIA Corp | $205.10 | -6.20% | 44.92% | 955.49% | $8.1M | 6.04% | −2,181 | −4.5% |
| 8 | LRCX | Lam Research Corp | $303.28 | -9.85% | 253.80% | 400.87% | $6.8M | 5.07% | +31,887 | NEW |
| 9 | KTOS | Kratos Defense & Security Solutions Inc | $58.98 | 0.79% | 44.60% | 115.15% | $6.3M | 4.70% | +89,439 | NEW |
| 10 | APLD | Applied Digital Corp | $39.62 | -10.26% | 185.86% | 720.29% | $6.0M | 4.45% | −41,370 | −14.1% |
| 11 | ASTS | AST SpaceMobile Inc | $93.60 | -12.76% | 200.10% | 768.27% | $5.7M | 4.28% | −17,608 | −20.3% |
| 12 | ANET | Arista Networks Inc | $154.27 | -7.07% | 58.63% | 548.89% | $5.4M | 4.02% | +7,319 | +20.0% |
| 13 | SATS | EchoStar Corp | $116.28 | -6.71% | 565.22% | 421.43% | $5.3M | 3.98% | −12,027 | −20.8% |
| 14 | ALAB | Astera Labs Inc | $317.06 | -11.45% | 249.38% | 274.07% | $5.1M | 3.78% | −48,613 | −51.2% |
| 15 | RKLB | Rocket Lab Corp | $110.08 | -8.23% | 280.64% | 982.40% | $5.0M | 3.74% | −48,400 | −38.2% |
| 16 | LITE | Lumentum Holdings Inc | $863.66 | -8.62% | 960.23% | 928.29% | $4.6M | 3.40% | +6,500 | NEW |
| 17 | LUNR | Intuitive Machines Inc | $29.67 | 1.07% | 150.73% | 204.56% | $4.3M | 3.20% | +231,189 | NEW |
| 18 | TER | Teradyne Inc | $357.93 | -12.03% | 321.03% | 187.38% | $3.7M | 2.79% | +12,638 | NEW |
| 19 | MRVL | MARVELL TECHNOLOGY INC | $263.47 | -16.74% | 286.51% | 343.94% | $3.5M | 2.64% | −82,648 | −69.8% |
| 20 | CRDO | Credo Technology Group Holding Ltd | $206.89 | -4.88% | 183.57% | 1124.20% | $2.5M | 1.84% | −55,001 | −67.6% |
| 21 | CIEN | Ciena Corp | $488.21 | -8.85% | 571.36% | 739.71% | $1.5M | 1.14% | −25,767 | −86.7% |
| 22 | NET | Cloudflare Inc | $250.11 | -6.90% | 39.21% | 110.83% | $553K | 0.41% | −26,961 | −91.0% |
| 23 | AMD | Advanced Micro Devices Inc | $466.38 | -10.86% | 301.39% | 339.19% | $471K | 0.35% | −19,140 | −89.2% |
| 24 | CRWD | Crowdstrike Holdings Inc | $671.02 | -6.68% | 43.25% | 164.59% | $332K | 0.25% | −6,644 | −88.6% |
| 25 | CEG | Constellation Energy Corp | $254.83 | -3.69% | -14.27% | 474.86% | $4K | 0.00% | −16,663 | −99.9% |
| 26 | SNOW | Snowflake Inc | $238.26 | -2.42% | 13.01% | -10.33% | $302 | 0.00% | −10,856 | −100.0% |
| 27 | SHOP | Shopify Inc | $109.54 | -5.60% | -1.68% | -26.97% | — | — | −34,573 | EXITED |
| 28 | ZS | Zscaler Inc | $130.78 | -3.31% | -56.84% | -44.56% | — | — | −15,382 | EXITED |
| 29 | RGTI | Rigetti Computing Inc | $20.68 | -14.40% | 83.33% | 112.98% | — | — | −93,092 | EXITED |
| 30 | IONQ | IonQ Inc | $56.78 | -13.52% | 45.52% | 472.38% | — | — | −41,291 | EXITED |
Source: SEC EDGAR · accession 0002000324-26-001916. 13F discloses long positions only — shorts, foreign equities, and options are excluded.