Telemark Asset Management, LLC
CIK 0001420816
Annualised vol
14.103787%
Beta
0.601912
HHI
305.172845
Top-10 weight
42.928768%
VaR 95%
1.359785%
VaR 99%
2.339821%
Max drawdown
19.91219%
Matched value
77.888066%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| NVDA | UNCHANGED | 600,000 | 600,000 | 0.0% | 120,054,000 |
| CCJ | UNCHANGED | 900,000 | 900,000 | 0.0% | 91,674,000 |
| HEI | UNCHANGED | 265,000 | 265,000 | 0.0% | 82,105,350 |
| NOVT | ADDED | 425,000 | 375,000 | 13.33% | 68,952,000 |
| MRNA | ADDED | 700,000 | 500,000 | 40.0% | 49,021,000 |
| AMZN | UNCHANGED | 200,000 | 200,000 | 0.0% | 47,668,000 |
| HAL | UNCHANGED | 1,200,000 | 1,200,000 | 0.0% | 40,740,000 |
| TER | ADDED | 75,000 | 70,000 | 7.14% | 36,288,000 |
| WCN | ADDED | 200,000 | 100,000 | 100.0% | 33,338,000 |
| CAT | UNCHANGED | 30,000 | 30,000 | 0.0% | 31,947,000 |
| KOPN | UNCHANGED | 7,000,000 | 7,000,000 | 0.0% | 31,360,000 |
| CLH | UNCHANGED | 100,000 | 100,000 | 0.0% | 29,875,000 |
| PLTR | ADDED | 250,000 | 200,000 | 25.0% | 29,167,500 |
| SLB | UNCHANGED | 600,000 | 600,000 | 0.0% | 27,894,000 |
| ADI | UNCHANGED | 70,000 | 70,000 | 0.0% | 27,801,900 |
| BKR | UNCHANGED | 400,000 | 400,000 | 0.0% | 22,200,000 |
| ALNT | ADDED | 200,000 | 150,000 | 33.33% | 20,586,000 |
| ANDG | UNCHANGED | 500,000 | 500,000 | 0.0% | 18,860,000 |
| GOOGL | UNCHANGED | 50,000 | 50,000 | 0.0% | 17,868,500 |
| GRMN | ADDED | 75,000 | 50,000 | 50.0% | 17,815,500 |
| LRCX | REDUCED | 40,000 | 50,000 | -20.0% | 17,333,200 |
| META | UNCHANGED | 30,000 | 30,000 | 0.0% | 16,898,700 |
| LPTH | ADDED | 1,025,000 | 385,000 | 166.23% | 16,758,750 |
| BWXT | REDUCED | 80,000 | 100,000 | -20.0% | 15,572,000 |
| QBTS | UNCHANGED | 500,000 | 500,000 | 0.0% | 11,995,000 |
| NXT | UNCHANGED | 100,000 | 100,000 | 0.0% | 11,914,000 |
| AXON | UNCHANGED | 20,000 | 20,000 | 0.0% | 11,212,200 |
| BDSX | UNCHANGED | 489,824 | 489,824 | 0.0% | 11,045,531 |
| KARO | UNCHANGED | 215,150 | 215,150 | 0.0% | 10,619,804 |
| TWLO | UNCHANGED | 50,000 | 50,000 | 0.0% | 10,316,500 |
| APP | UNCHANGED | 20,000 | 20,000 | 0.0% | 10,304,600 |
| SHOP | UNCHANGED | 90,000 | 90,000 | 0.0% | 10,276,200 |
| TRMB | UNCHANGED | 200,000 | 200,000 | 0.0% | 10,236,000 |
| HLMN | ADDED | 1,100,000 | 950,000 | 15.79% | 9,284,000 |
| ORA | UNCHANGED | 80,000 | 80,000 | 0.0% | 8,712,000 |
| CDXS | UNCHANGED | 3,846,411 | 3,846,411 | 0.0% | 8,692,889 |
| ROG | NEW | 50,000 | - | - | 8,186,500 |
| FLEX | NEW | 50,000 | - | - | 8,103,500 |
| ASPN | UNCHANGED | 1,000,000 | 1,000,000 | 0.0% | 6,340,000 |
| OVV | UNCHANGED | 100,000 | 100,000 | 0.0% | 5,265,000 |
| NXE | UNCHANGED | 500,000 | 500,000 | 0.0% | 4,695,000 |
| PTEN | NEW | 500,000 | - | - | 4,590,000 |
| HLIO | NEW | 50,000 | - | - | 4,462,500 |
| EPAC | CLOSED OUT | 0 | 100,000 | -100.0% | 0 |
| CAMT | CLOSED OUT | 0 | 70,000 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| NVDA | UNCHANGED | NVIDIA CORPORATION | COM | 67066G104 | 120,054,000 | 8.67 | 600000.0 |
| CCJ | UNCHANGED | CAMECO CORP | COM | 13321L108 | 91,674,000 | 6.62 | 900000.0 |
| NOVT | ADDED | NOVANTA INC | COM | 67000B104 | 68,952,000 | 4.98 | 425000.0 |
| HEI | UNCHANGED | HEICO CORP NEW | COM | 422806109 | 49,866,600 | 3.6 | 140000.0 |
| MRNA | ADDED | MODERNA INC | COM | 60770K107 | 49,021,000 | 3.54 | 700000.0 |
| - | TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | 47,757,000 | 3.45 | 100000.0 | |
| AMZN | UNCHANGED | AMAZON COM INC | COM | 023135106 | 47,668,000 | 3.44 | 200000.0 |
| - | CORNING INC | COM | 219350105 | 42,145,950 | 3.05 | 165000.0 | |
| HAL | UNCHANGED | HALLIBURTON CO | COM | 406216101 | 40,740,000 | 2.94 | 1200000.0 |
| TER | ADDED | TERADYNE INC | COM | 880770102 | 36,288,000 | 2.62 | 75000.0 |
| WCN | ADDED | WASTE CONNECTIONS INC | COM | 94106B101 | 33,338,000 | 2.41 | 200000.0 |
| HEI | UNCHANGED | HEICO CORP NEW | CL A | 422806208 | 32,238,750 | 2.33 | 125000.0 |
| CAT | UNCHANGED | CATERPILLAR INC | COM | 149123101 | 31,947,000 | 2.31 | 30000.0 |
| - | DIGITALOCEAN HLDGS INC | COM | 25402D102 | 31,406,000 | 2.27 | 200000.0 | |
| KOPN | UNCHANGED | KOPIN CORP | COM | 500600101 | 31,360,000 | 2.27 | 7000000.0 |
| CLH | UNCHANGED | CLEAN HARBORS INC | COM | 184496107 | 29,875,000 | 2.16 | 100000.0 |
| PLTR | ADDED | PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | 29,167,500 | 2.11 | 250000.0 |
| SLB | UNCHANGED | SLB LIMITED | COM STK | 806857108 | 27,894,000 | 2.02 | 600000.0 |
| ADI | UNCHANGED | ANALOG DEVICES INC | COM | 032654105 | 27,801,900 | 2.01 | 70000.0 |
| - | AMERICAN SUPERCONDUCTOR CORP | SHS NEW | 030111207 | 24,906,000 | 1.8 | 600000.0 | |
| - | TEXAS INSTRS INC | COM | 882508104 | 23,845,600 | 1.72 | 80000.0 | |
| BKR | UNCHANGED | BAKER HUGHES COMPANY | CL A | 05722G100 | 22,200,000 | 1.6 | 400000.0 |
| - | APPLIED MATLS INC | COM | 038222105 | 21,690,000 | 1.57 | 30000.0 | |
| - | FRANCO NEV CORP | COM | 351858105 | 20,844,000 | 1.51 | 100000.0 | |
| ALNT | ADDED | ALLIENT INC | COM | 019330109 | 20,586,000 | 1.49 | 200000.0 |
| - | ASML HLDG NV | N Y REGISTRY SHS | N07059210 | 19,894,400 | 1.44 | 10000.0 | |
| - | ALMONTY INDS INC | COM NEW | 020398707 | 19,872,000 | 1.44 | 1200000.0 | |
| ANDG | UNCHANGED | ANDERSEN GROUP INC | CL A | 033853102 | 18,860,000 | 1.36 | 500000.0 |
| - | MODINE MFG CO | COM | 607828100 | 18,691,400 | 1.35 | 70000.0 | |
| GOOGL | UNCHANGED | ALPHABET INC | CAP STK CL A | 02079K305 | 17,868,500 | 1.29 | 50000.0 |
| GRMN | ADDED | GARMIN LTD | SHS | H2906T109 | 17,815,500 | 1.29 | 75000.0 |
| LRCX | REDUCED | LAM RESEARCH CORP | COM NEW | 512807306 | 17,333,200 | 1.25 | 40000.0 |
| META | UNCHANGED | META PLATFORMS INC | CL A | 30303M102 | 16,898,700 | 1.22 | 30000.0 |
| LPTH | ADDED | LIGHTPATH TECHNOLOGIES INC | COM CL A | 532257805 | 16,758,750 | 1.21 | 1025000.0 |
| BWXT | REDUCED | BWX TECHNOLOGIES INC | COM | 05605H100 | 15,572,000 | 1.13 | 80000.0 |
| - | OLD DOMINION FREIGHT LINE IN | COM | 679580100 | 15,162,000 | 1.1 | 70000.0 | |
| - | BRIGHTVIEW HLDGS INC | COM | 10948C107 | 12,044,500 | 0.87 | 850000.0 | |
| QBTS | UNCHANGED | D-WAVE QUANTUM INC | COM | 26740W109 | 11,995,000 | 0.87 | 500000.0 |
| NXT | UNCHANGED | NEXTPOWER INC | CLASS A COM | 65290E101 | 11,914,000 | 0.86 | 100000.0 |
| AXON | UNCHANGED | AXON ENTERPRISE INC | COM | 05464C101 | 11,212,200 | 0.81 | 20000.0 |
| BDSX | UNCHANGED | BIODESIX INC | COM | 09075X207 | 11,045,531 | 0.8 | 489824.0 |
| KARO | UNCHANGED | KAROOOOO LTD | ORD SHS | Y4600W108 | 10,619,804 | 0.77 | 215150.0 |
| TWLO | UNCHANGED | TWILIO INC | CL A | 90138F102 | 10,316,500 | 0.75 | 50000.0 |
| APP | UNCHANGED | APPLOVIN CORP | COM CL A | 03831W108 | 10,304,600 | 0.74 | 20000.0 |
| SHOP | UNCHANGED | SHOPIFY INC | CL A SUB VTG SHS | 82509L107 | 10,276,200 | 0.74 | 90000.0 |
| TRMB | UNCHANGED | TRIMBLE INC | COM | 896239100 | 10,236,000 | 0.74 | 200000.0 |
| HLMN | ADDED | HILLMAN SOLUTIONS CORP | COM | 431636109 | 9,284,000 | 0.67 | 1100000.0 |
| ORA | UNCHANGED | ORMAT TECHNOLOGIES INC | COM | 686688102 | 8,712,000 | 0.63 | 80000.0 |
| CDXS | UNCHANGED | CODEXIS INC | COM | 192005106 | 8,692,889 | 0.63 | 3846411.0 |
| ROG | NEW | ROGERS CORP | COM | 775133101 | 8,186,500 | 0.59 | 50000.0 |
| FLEX | NEW | FLEX LTD | ORD | Y2573F102 | 8,103,500 | 0.59 | 50000.0 |
| - | KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 | 7,787,000 | 0.56 | 100000.0 | |
| ASPN | UNCHANGED | ASPEN AEROGELS INC | COM | 04523Y105 | 6,340,000 | 0.46 | 1000000.0 |
| OVV | UNCHANGED | OVINTIV INC | COM | 69047Q102 | 5,265,000 | 0.38 | 100000.0 |
| NXE | UNCHANGED | NEXGEN ENERGY LTD | COM | 65340P106 | 4,695,000 | 0.34 | 500000.0 |
| PTEN | NEW | PATTERSON-UTI ENERGY INC | COM | 703481101 | 4,590,000 | 0.33 | 500000.0 |
| HLIO | NEW | HELIOS TECHNOLOGIES INC | COM | 42328H109 | 4,462,500 | 0.32 | 50000.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-10 | 1,384,075,474 | 57 | 14.103787 | 0.601912 | 19.91219 |
| 2026-03-31 | 2026-05-12 | 1,081,759,224 | 53 | 15.206148 | 0.649122 | 23.827964 |
| 2025-12-31 | 2026-02-11 | 1,001,184,400 | 56 | 15.700984 | 0.684903 | 21.824997 |
| 2025-09-30 | 2025-11-10 | 1,053,571,435 | 47 | 15.728467 | 0.701784 | 21.593197 |
| 2025-03-31 | 2025-05-12 | 764,286,802 | 47 | 14.731395 | 0.665338 | 20.087998 |
| 2024-12-31 | 2025-02-10 | 1,002,774,287 | 54 | 17.520034 | 0.781351 | 26.492835 |