Heard Capital portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 11, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Heard Capital reported a $2.3 bn portfolio of 21 positions to the SEC as of the end of Q2 2026. Its largest positions are LRCX, TDG, FICO. During the quarter it opened Bloom Energy and Marvell Technology.
Sections with a free account
What changed this quarter
15 positions with a change (2 new, 5 added to, 6 trimmed, 2 sold). 9 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Bloom Energy+5.8 ppof portfolioNew— → 5.8%
- Lam Research−29%fewer sharesReduced11.8% → 14.1%
- Marvell Technology+5.7 ppof portfolioNew— → 5.7%
- Adobe−98%fewer sharesReduced5.6% → 0.1%
- American Tower−28%fewer sharesReduced9.9% → 5.6%
- Aerovironment+25%more sharesIncreased6.8% → 6.4%
- Telesat−99%fewer sharesReduced1.1% → under 0.1%
- Fair Isaac+9.6%more sharesIncreased9.8% → 10.0%
- Elbit Systems+21%more sharesIncreased4.8% → 4.2%
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
- Lam ResearchLRCX14.1%
- TransDigm GroupTDG10.6%
- Fair IsaacFICO10.0%
- Apollo Global ManagementAPO8.6%
- AnterixATEX7.6%
- Palantir TechnologiesPLTR6.9%
- AerovironmentAVAV6.4%
- BlackstoneBX6.1%
- Bloom EnergyBE5.8%
- Marvell TechnologyMRVL5.7%
- American TowerAMT5.6%
- American ExpressAXP4.9%
- Elbit SystemsESLT4.2%
- MoelisMC2.7%
- EquinixEQIX0.2%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Information Technology 37%
- ● Industrials 27%
- ● Financials 22%
- ● Communication Services 8%
- ● Real Estate 6%
How its portfolio changed (8 quarters)
Q2 2026: 21
Q2 2026: 82%
Q2 2026: 14.1%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
13F filings with amendments or confidential positions
- 13F Q3 2025 ↗filed Nov 14, 2025Amendment of Nov 14, 2025 (replaces the original) ↗
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Aug 7, 2026 (high confidence).
The data, as reported: HEARD CAPITAL LLC (CRD 297176): 7.B private funds: 1 hedge (gross assets $1.5 bn); 5.D assets by client type: pooled vehicles 65%, pension plans 26%, governments 5% (of $2.4 bn)
The type comes from a rule applied to that data. If it looks wrong, tell us.
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Same type of filer and a 13F portfolio value between a third and three times this one. It is not a comparison of what they hold.
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