Institutional
Sunstone Asset Management, L.P.
CIK 0002111996
$85.2M
Reported AUM
61
Positions
Q1 2026
Period
2026-05-14
Filed
The Brief · Sunstone Asset Management, L.P. · Q1 2026
AI · grounded in 13F
Sunstone Asset Management, L.P. closed its position in IQ for a reduction of $30.95M. The fund established new positions in PANW for $2.74M, AMD for $2.26M, and GLW for $2.06M. Additionally, the fund exited positions in CYBR and CFLT while increasing its holdings in MDB and AMAT.
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 | NVDA | NVIDIA CORPORATION | $205.10 | -6.20% | 44.92% | 955.49% | $5.3M | 6.23% | +10,000 | +48.9% |
| 2 | BILL 0 04/01/30 | BILL HOLDINGS INC | — | — | — | — | $4.2M | 4.88% | +1,660,000 | +55.3% |
| 3 | MDB | MONGODB INC | $350.74 | -7.74% | 59.33% | -2.28% | $3.9M | 4.60% | +10,545 | +193.5% |
| 4 | MTSI | MACOM TECH SOLUTIONS HLDGS I | $345.40 | -9.76% | 176.23% | 459.62% | $3.2M | 3.72% | +1,500 | +11.8% |
| 5 | TDS | TELEPHONE & DATA SYS INC | $39.16 | -1.26% | 12.29% | 104.13% | $3.0M | 3.49% | — | HELD |
| 6 | SNPS | SYNOPSYS INC | $464.85 | -5.99% | -4.35% | 61.41% | $2.9M | 3.46% | +2,420 | +48.3% |
| 7 | PANW | PALO ALTO NETWORKS INC | $272.05 | -2.58% | 36.30% | 309.05% | $2.7M | 3.22% | +17,113 | NEW |
| 8 | AMAT | APPLIED MATLS INC | $453.01 | -9.71% | 173.68% | 237.67% | $2.6M | 3.01% | +4,400 | +141.9% |
| 9 | DASH | DOORDASH INC | $156.80 | -2.04% | -28.22% | -10.03% | $2.4M | 2.77% | +1,840 | +13.3% |
| 10 | MRSH | MARSH & MCLENNAN COS INC | $165.44 | 2.59% | -26.69% | 21.25% | $2.3M | 2.67% | — | HELD |
| 11 | AMD | ADVANCED MICRO DEVICES INC | $466.38 | -10.86% | 301.39% | 339.19% | $2.3M | 2.65% | +11,096 | NEW |
| 12 | V | VISA INC | $323.57 | 1.06% | -11.91% | 36.33% | $2.2M | 2.59% | — | HELD |
| 13 | MSFT | MICROSOFT CORP | $416.67 | -2.66% | -10.71% | 52.39% | $2.2M | 2.56% | +1,000 | +20.4% |
| 14 | ABNB | AIRBNB INC | $133.54 | -0.13% | -5.05% | -7.27% | $2.1M | 2.48% | — | HELD |
| 15 | GLW | CORNING INC | $177.58 | -10.18% | 254.02% | 382.70% | $2.1M | 2.42% | +15,171 | NEW |
| 16 | EQIX | EQUINIX INC | $1080.95 | -0.75% | 20.90% | 45.37% | $2.0M | 2.40% | — | HELD |
| 17 | FLEX | FLEXTRONICS INTL LTD | $152.24 | 0.21% | 252.73% | 1021.86% | $2.0M | 2.33% | −3,250 | −9.7% |
| 18 | U 0 11/15/26 | UNITY SOFTWARE INC | — | — | — | — | $1.9M | 2.28% | — | HELD |
| 19 | APH | AMPHENOL CORP | $138.81 | -5.42% | 49.74% | 300.06% | $1.8M | 2.15% | +14,500 | NEW |
| 20 | AMT | AMERICAN TOWER CORP | $194.12 | 0.11% | -5.30% | -20.51% | $1.7M | 2.01% | — | HELD |
| 21 | SNDK | SANDISK CORP | $1559.32 | -11.39% | 3882.94% | 3175.19% | $1.7M | 1.94% | −400 | −13.3% |
| 22 | NFLX | NETFLIX INC. | $82.18 | 0.76% | -33.80% | 58.78% | $1.5M | 1.81% | — | HELD |
| 23 | TWLO | TWILIO INC | $225.99 | -4.50% | 85.65% | -39.51% | $1.5M | 1.71% | +1,051 | +10.0% |
| 24 | KLAC | KLA CORP | $1929.20 | -9.47% | 140.30% | 482.93% | $1.4M | 1.66% | +960 | NEW |
| 25 | GOOG | ALPHABET INC | $365.76 | -0.95% | 109.82% | 172.71% | $1.3M | 1.57% | +1,000 | +27.4% |
| 26 | NOK | NOKIA CORP | $14.38 | -13.48% | 168.77% | 163.30% | $1.3M | 1.56% | +164,800 | NEW |
| 27 | NTNX | NUTANIX INC | $52.99 | -1.21% | -30.44% | 48.92% | $1.3M | 1.47% | +2,990 | +10.0% |
| 28 | INTU | INTUIT | $296.76 | -1.73% | -61.23% | -42.11% | $1.2M | 1.46% | +2,880 | NEW |
| 29 | TTMI | TTM TECHNOLOGIES INC | $167.62 | -9.32% | 404.58% | 1098.14% | $1.2M | 1.38% | −1,475 | −10.9% |
| 30 | SE | SEA LTD | $86.56 | -6.00% | -47.73% | -68.66% | $1.1M | 1.32% | +7,000 | +105.8% |
| 31 | CLS | CELESTICA INC | $371.71 | -12.61% | — | — | $1.1M | 1.32% | — | HELD |
| 32 | GLD | SPDR GOLD TR | $396.24 | -3.65% | — | — | $1.1M | 1.29% | +370 | +16.9% |
| 33 | JOYY | JOYY INC | $65.70 | -0.59% | — | — | $1.1M | 1.28% | +4,800 | +34.5% |
| 34 | SNOW | SNOWFLAKE INC | $238.26 | -2.42% | — | — | $1.1M | 1.27% | +7,200 | NEW |
| 35 | SONY | SONY GROUP CORP | $21.89 | -1.53% | — | — | $1.0M | 1.21% | +14,700 | +42.1% |
| 36 | RMBS | RAMBUS INC DEL | $154.82 | 6.54% | — | — | $1.0M | 1.19% | +11,746 | NEW |
| 37 | ETSY 0.125 10/01/26 | ETSY INC | — | — | — | — | $978K | 1.15% | — | HELD |
| 38 | U | UNITY SOFTWARE INC | $29.17 | -2.86% | — | — | $941K | 1.11% | +42,900 | NEW |
| 39 | SMCI 2.25 07/15/28 | SUPER MICRO COMPUTER INC | — | — | — | — | $872K | 1.02% | +1,000,000 | NEW |
| 40 | SHOP | SHOPIFY INC | $109.54 | -5.60% | — | — | $853K | 1.00% | +2,290 | +46.7% |
| 41 | OLED | UNIVERSAL DISPLAY CORP | $88.39 | 2.65% | — | — | $845K | 0.99% | — | HELD |
| 42 | AVGO | BROADCOM INC | $385.73 | -7.92% | — | — | $843K | 0.99% | −2,520 | −48.1% |
| 43 | NOW | SERVICENOW INC | $112.45 | -5.79% | — | — | $839K | 0.99% | +730 | +10.0% |
| 44 | RBLX | ROBLOX CORP | $41.82 | -3.53% | — | — | $833K | 0.98% | +14,729 | NEW |
| 45 | ORCL | ORACLE CORP | $213.68 | -9.59% | — | — | $809K | 0.95% | +500 | +10.0% |
| 46 | SMCI 3.5 03/01/29 | SUPER MICRO COMPUTER INC | — | — | — | — | $800K | 0.94% | — | HELD |
| 47 | ADI | ANALOG DEVICES INC | $401.39 | -6.38% | — | — | $764K | 0.90% | +2,400 | NEW |
| 48 | ETSY | ETSY INC | $68.43 | 2.35% | — | — | $545K | 0.64% | — | HELD |
| 49 | ZS | ZSCALER INC | $131.24 | 0.35% | — | — | $527K | 0.62% | +3,760 | NEW |
| 50 | TCOM | TRIP COM GROUP LTD | $47.69 | -0.77% | — | — | $483K | 0.57% | +9,700 | NEW |
| 51 | ZNGA | ZOOM COMMUNICATIONS INC | — | — | — | — | $338K | 0.40% | +4,200 | NEW |
| 52 | ESTC | ELASTIC N V | $61.03 | -1.22% | — | — | $330K | 0.39% | +6,600 | NEW |
| 53 | S | SENTINELONE INC | $15.67 | -1.76% | — | — | $258K | 0.30% | +20,000 | NEW |
| 54 | FIVN 1 03/15/29 | FIVE9 INC | — | — | — | — | $175K | 0.20% | — | HELD |
| 55 | GLW | CORNING INC | $177.58 | -10.18% | 254.02% | 382.70% | $159K | 0.19% | +10,000 | NEW |
| 56 | ETSY | ETSY INC | $68.43 | 2.35% | — | — | $72K | 0.08% | +12,500 | NEW |
| 57 | ZIP | ZIPRECRUITER INC | $3.20 | 0.79% | — | — | $71K | 0.08% | — | HELD |
| 58 | EM | SMART SH GLOBAL LTD | $1.20 | 0.00% | — | — | $55K | 0.06% | — | HELD |
| 59 | CART | MAPLEBEAR INC | — | — | — | — | $38K | 0.04% | — | HELD |
| 60 | PANW | PALO ALTO NETWORKS INC | $272.05 | -2.58% | 36.30% | 309.05% | $21K | 0.03% | — | HELD |
| 61 | NTNX | NUTANIX INC | $52.99 | -1.21% | -30.44% | 48.92% | $19K | 0.02% | — | HELD |
| 62 | IQ 6.5 03/15/28 | IQIYI INC | — | — | — | — | — | — | −30,800,000 | EXITED |
| 63 | CYBR | CYBERARK SOFTWARE LTD | — | — | — | — | — | — | −8,600 | EXITED |
| 64 | CFLT 0 01/15/27 | CONFLUENT INC | — | — | — | — | — | — | −2,297,000 | EXITED |
| 65 | MNDY | MONDAY COM LTD | $85.74 | -1.80% | — | — | — | — | −11,641 | EXITED |
| 66 | TXN | TEXAS INSTRS INC | $285.06 | -6.65% | — | — | — | — | −8,348 | EXITED |
| 67 | TER | TERADYNE INC | $357.93 | -12.03% | — | — | — | — | −10,000 | EXITED |
| 68 | FORM | FORMFACTOR INC | $116.70 | -7.83% | — | — | — | — | −15,409 | EXITED |
| 69 | TTD | THE TRADE DESK INC | $19.55 | -2.01% | — | — | — | — | −20,000 | EXITED |
| 70 | 8QR | CONFLUENT INC | — | — | — | — | — | — | −21,300 | EXITED |
| 71 | DDOG | DATADOG INC | $234.11 | -3.90% | — | — | — | — | −3,206 | EXITED |
| 72 | BE | BLOOM ENERGY CORP | $263.61 | -9.53% | — | — | — | — | −4,800 | EXITED |
| 73 | SMCI | SUPER MICRO COMPUTER INC | $41.64 | -11.22% | — | — | — | — | −14,000 | EXITED |
| 74 | MDB | MONGODB INC | $350.74 | -7.74% | 59.33% | -2.28% | — | — | −5,000 | EXITED |
| 75 | KVYO | KLAVIYO INC | $15.58 | -1.27% | — | — | — | — | −10,335 | EXITED |
| 76 | CFLT | CONFLUENT INC | — | — | — | — | — | — | −45,000 | EXITED |
| 77 | AVGO | BROADCOM INC | $385.73 | -7.92% | — | — | — | — | −5,000 | EXITED |
| 78 | NVDA | NVIDIA CORPORATION | $205.10 | -6.20% | 44.92% | 955.49% | — | — | −10,000 | EXITED |
| 79 | — | SENTINELONE INC | — | — | — | — | — | — | −70,000 | EXITED |
Source: SEC EDGAR · accession 0000912282-26-000730. 13F discloses long positions only — shorts, foreign equities, and options are excluded.