Penserra Capital Management portfolio

What changed this quarter

988 positions with a change (108 new, 527 added to, 271 trimmed, 82 sold); also, 5 entered through an IPO, 7 exited through an acquisition or merger, 2 entered through a spin-off. 10 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Horizon Quantum Holdings+1.2 ppof portfolioNew
  — → 1.2%
• Arqit Quantum+250%more sharesIncreased
  0.2% → 1.2%
• Nebius Group+14,293%more sharesIncreased
  under 0.1% → 0.7%
• Northrop Grumman+78%more sharesIncreased
  1.7% → 1.5%
• Quantum eMotion+0.6 ppof portfolioNew
  — → 0.6%
• Netskope+0.6 ppof portfolioNew
  — → 0.6%
• Xanadu Quantum Technologies+0.5 ppof portfolioNew
  — → 0.5%
• Amazon.com+1,685%more sharesIncreased
  under 0.1% → 0.5%
• Infleqtion+0.5 ppof portfolioNew
  — → 0.5%
• Marvell Technology−33%fewer sharesReduced
  0.8% → 1.0%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• BroadcomAVGO2.1%
• Cisco SystemsCSCO2.0%
• CloudflareNET1.5%
• Northrop GrummanNOC1.5%
• Palo Alto NetworksPANW1.3%
• Horizon Quantum HoldingsHQ1.2%
• Arqit QuantumARQQ1.2%
• CrowdStrike HoldingsCRWD1.1%
• FortinetFTNT1.1%
• Marvell TechnologyMRVL1.0%
• General DynamicsGD1.0%
• F5FFIV1.0%
• NVIDIANVDA0.9%
• OktaOKTA0.9%
• A10 NetworksATEN0.9%
• RubrikRBRK0.9%
• Tenable HoldingsTENB0.8%
• Lam ResearchLRCX0.8%
• QualysQLYS0.8%
• Advanced Micro DevicesAMD0.8%
• Micron TechnologyMU0.8%
• Varonis SystemsVRNS0.8%
• ARM HoldingsARM0.8%
• ZscalerZS0.8%
• Applied MaterialsAMAT0.8%
• Astera LabsALAB0.8%
• Space Exploration TechnologiesSPCX0.8%
• KLAKLAC0.8%
• Rocket LabRKLB0.8%
• QuantinuumQNT0.8%
• Check Point Software TechnologiesCHKP0.7%
• Gen DigitalGEN0.7%
• TeradyneTER0.7%
• IntelINTC0.7%
• MKSMKSI0.7%
• ONTO InnovationONTO0.7%
• RTXRTX0.7%
• SentineloneS0.7%
• STE Str SPDR PT S&P 500 ETFSPYM0.7%
• Nebius GroupNBIS0.7%
• QualcommQCOM0.7%
• AST SpacemobileASTS0.7%
• BTQ TechnologiesBTQ0.7%
• FastlyFSLY0.7%
• NokiaNOK0.7%
• Lockheed MartinLMT0.6%
• RadwareRDWR0.6%
• SnowflakeSNOW0.6%
• Taiwan Semiconductor ManufacturingTSM0.6%
• STMicroelectronicsSTM0.6%
• CoherentCOHR0.6%
• ASML HoldingASML0.6%
• Lattice SemiconductorLSCC0.6%
• AlphabetGOOGL0.6%
• Quantum eMotionQNC0.6%
• International Business MachinesIBM0.6%
• Innovator U.s. Equity Power ETFPNOV0.6%
• Tower SemiconductorTSEM0.6%
• OracleORCL0.6%
• Texas InstrumentsTXN0.6%
• Innovator U.s. Equity Power ETFPDEC0.6%
• Innovator U.s. Equity Power ETFPOCT0.6%
• Innovator U.s. Equity Power ETFPFEB0.6%
• Innovator U.s. Equity Power ETFPJAN0.6%
• Innovator U.s. Equity Power ETFPMAR0.6%
• Innovator U.s. Equity Power ETFPAUG0.6%
• Innovator U.s. Equity Power ETFPSEP0.6%
• NetskopeNTSK0.6%
• Innovator U.s. Equity Power ETFPJUL0.6%
• Innovator U.s. Equity Power ETFPAPR0.6%
• Vanguard Intermediate-term T ETFVGIT0.6%
• Innovator U.s. Equity Power ETFPMAY0.6%
• CoreWeaveCRWV0.5%
• WiproWIT0.5%
• Innovator U.s. Equity Power ETFPJUN0.5%
• Amazon.comAMZN0.5%
• RadNetRDNT0.5%
• ViasatVSAT0.5%
• TeradataTDC0.5%
• Microchip TechnologyMCHP0.5%
• Hewlett Packard EnterpriseHPE0.5%
• D-Wave QuantumQBTS0.5%
• Xanadu Quantum TechnologiesXNDU0.5%
• NutanixNTNX0.5%
• Cadence Design SystemsCDNS0.5%
• Quantum ComputingQUBT0.5%
• Analog DevicesADI0.5%
• SynopsysSNPS0.5%
• MongodbMDB0.5%
• NVENVEC0.5%
• MicrosoftMSFT0.5%
• Rigetti ComputingRGTI0.5%
• NXP SemiconductorsNXPI0.5%
• MaxLinearMXL0.5%
• InfleqtionINFQ0.5%
• Planet Labs PBCPL0.5%
• BaiduBIDU0.5%
• IonQIONQ0.5%
• Cirrus LogicCRUS0.5%
• ElasticESTC0.5%