Institutional
Totem Point Management, LLC
CIK 0001759364
$78.4M
Reported AUM
17
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Totem Point Management, LLC · Q1 2026
AI · grounded in 13F
Totem Point Management, LLC closed its position in BILL, reducing exposure by $8.46M. The fund established several new positions, led by a $8.59M investment in AMD and $6.10M in TER. Other notable activity includes a $4.43M new stake in MRVL and a 38.28% increase in shares of NVDA. Additionally, the fund trimmed its holdings in MU by 93.59% and HPE by 73.89%.
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% | $13.4M | 17.06% | +21,222 | +38.3% |
| 2 | AMD | ADVANCED MICRO DEVICES INC | $466.38 | -10.86% | 301.39% | 339.19% | $8.6M | 10.96% | +42,236 | NEW |
| 3 | ON | ON SEMICONDUCTOR CORP | $117.26 | -11.05% | 133.73% | 200.20% | $8.4M | 10.72% | +12,280 | +10.0% |
| 4 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $415.17 | -6.69% | 104.85% | 285.24% | $7.3M | 9.35% | −16,415 | −43.1% |
| 5 | SPOT | SPOTIFY TECHNOLOGY S A | $496.95 | 0.68% | -30.23% | 117.32% | $6.1M | 7.78% | −7,760 | −38.2% |
| 6 | TER | TERADYNE INC | $357.93 | -12.03% | 321.03% | 187.38% | $6.1M | 7.78% | +20,567 | NEW |
| 7 | SPGI | S&P GLOBAL INC | $424.44 | 1.03% | -17.59% | 3.23% | $5.0M | 6.34% | −10,897 | −48.3% |
| 8 | TTWO | TAKE-TWO INTERACTIVE SOFTWAR | $214.39 | -1.04% | -7.88% | 23.62% | $4.6M | 5.93% | −15,878 | −40.3% |
| 9 | MRVL | MARVELL TECHNOLOGY INC | $263.47 | -16.74% | 286.51% | 343.94% | $4.4M | 5.66% | +44,747 | NEW |
| 10 | LRCX | LAM RESEARCH CORP | $303.28 | -9.85% | 253.80% | 400.87% | $4.0M | 5.11% | +18,747 | NEW |
| 11 | LSCC | LATTICE SEMICONDUCTOR CORP | $135.57 | -10.76% | 182.32% | 138.89% | $3.2M | 4.15% | +35,036 | NEW |
| 12 | HPE | HEWLETT PACKARD ENTERPRISE C | $49.20 | -8.36% | 178.55% | 289.67% | $2.5M | 3.22% | −300,382 | −73.9% |
| 13 | CME | CME GROUP INC | $257.40 | 0.52% | -2.55% | 48.93% | $2.2M | 2.83% | +7,503 | NEW |
| 14 | FWONK | LIBERTY MEDIA CORP DEL | $87.45 | -0.26% | -11.42% | 93.24% | $780K | 1.00% | +3,390 | +58.6% |
| 15 | MU | MICRON TECHNOLOGY INC | $864.01 | -13.25% | 697.79% | 1041.92% | $746K | 0.95% | −32,245 | −93.6% |
| 16 | GEV | GE VERNOVA INC | $933.61 | -3.09% | 92.92% | 509.64% | $624K | 0.80% | +715 | NEW |
| 17 | NBIS | NEBIUS GROUP N.V. | $227.81 | -12.27% | 371.85% | 935.97% | $292K | 0.37% | +2,819 | NEW |
| 18 | BILL | BILL HOLDINGS INC | $35.97 | 0.03% | -21.15% | -82.61% | — | — | −155,100 | EXITED |
| 19 | BKNG | BOOKING HOLDINGS INC | $165.84 | -0.99% | -25.40% | 94.38% | — | — | −784 | EXITED |
| 20 | MCO | MOODYS CORP | $451.35 | 0.49% | -6.92% | 25.21% | — | — | −3,953 | EXITED |
| 21 | APP | APPLOVIN CORP | $557.20 | -0.30% | 33.34% | 806.46% | — | — | −2,457 | EXITED |
| 22 | AVGO | BROADCOM INC | $385.73 | -7.92% | 57.48% | 771.51% | — | — | −4,143 | EXITED |
Source: SEC EDGAR · accession 0001759364-26-000004. 13F discloses long positions only — shorts, foreign equities, and options are excluded.