THAMES CAPITAL MANAGEMENT LLC
CIK 0001714267
Annualised vol
17.096326%
Beta
0.600591
HHI
248.610016
Top-10 weight
36.553016%
VaR 95%
1.492696%
VaR 99%
3.21711%
Max drawdown
25.602688%
Matched value
75.516212%
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 ($) |
|---|---|---|---|---|---|
| MU | REDUCED | 45,388 | 50,227 | -9.63% | 52,390,915 |
| GEV | REDUCED | 43,318 | 50,384 | -14.02% | 50,892,585 |
| VRT | REDUCED | 122,240 | 165,191 | -26.0% | 40,928,397 |
| HUT | REDUCED | 351,973 | 425,337 | -17.25% | 40,633,523 |
| AMD | NEW | 66,972 | - | - | 38,904,705 |
| NBIS | NEW | 132,768 | - | - | 36,666,539 |
| MKSI | ADDED | 79,395 | 67,668 | 17.33% | 35,314,896 |
| NOK | NEW | 2,550,584 | - | - | 33,871,756 |
| SNDK | REDUCED | 14,808 | 22,636 | -34.58% | 33,669,394 |
| RIOT | NEW | 1,201,609 | - | - | 32,900,054 |
| INTC | NEW | 223,725 | - | - | 31,238,722 |
| KLAC | NEW | 94,720 | - | - | 28,577,971 |
| ALAB | NEW | 57,733 | - | - | 27,886,194 |
| WULF | ADDED | 1,090,203 | 785,938 | 38.71% | 26,928,014 |
| FLEX | NEW | 149,474 | - | - | 24,225,251 |
| NVDA | UNCHANGED | 116,169 | 116,169 | 0.0% | 23,244,255 |
| AVGO | NEW | 60,391 | - | - | 22,812,700 |
| FPS | NEW | 398,912 | - | - | 22,283,224 |
| C | NEW | 153,039 | - | - | 21,419,338 |
| KEEL | NEW | 3,622,886 | - | - | 20,795,366 |
| COHR | REDUCED | 45,883 | 54,581 | -15.94% | 18,099,467 |
| AAPL | UNCHANGED | 61,806 | 61,806 | 0.0% | 17,884,184 |
| MA | UNCHANGED | 34,663 | 34,663 | 0.0% | 17,802,917 |
| SIMO | ADDED | 52,823 | 46,344 | 13.98% | 17,607,491 |
| V | UNCHANGED | 45,662 | 45,662 | 0.0% | 15,666,176 |
| AGX | REDUCED | 19,514 | 36,458 | -46.48% | 15,582,905 |
| AMKR | NEW | 177,301 | - | - | 15,288,665 |
| FN | REDUCED | 26,114 | 34,597 | -24.52% | 14,678,157 |
| CIFR | NEW | 595,538 | - | - | 14,590,681 |
| AIP | UNCHANGED | 293,973 | 293,973 | 0.0% | 14,284,148 |
| PENG | NEW | 185,128 | - | - | 14,071,579 |
| META | UNCHANGED | 24,794 | 24,794 | 0.0% | 13,966,212 |
| JBL | ADDED | 31,457 | 8,872 | 254.56% | 12,126,044 |
| APLD | NEW | 288,167 | - | - | 10,748,629 |
| LRCX | NEW | 22,365 | - | - | 9,691,425 |
| STRL | REDUCED | 9,002 | 15,662 | -42.52% | 7,555,919 |
| CLS | UNCHANGED | 19,655 | 19,655 | 0.0% | 7,170,144 |
| AMZN | NEW | 28,290 | - | - | 6,742,639 |
| TMO | UNCHANGED | 13,202 | 13,202 | 0.0% | 6,618,955 |
| CEPO | NEW | 362,904 | - | - | 4,870,172 |
| IREN | REDUCED | 99,516 | 138,364 | -28.08% | 4,550,867 |
| LSCC | NEW | 29,530 | - | - | 4,516,909 |
| QS | ADDED | 574,028 | 369,686 | 55.27% | 4,339,652 |
| ADI | NEW | 10,576 | - | - | 4,200,470 |
| ONDS | CLOSED OUT | 0 | 1,614,315 | -100.0% | 0 |
| AMPX | CLOSED OUT | 0 | 526,832 | -100.0% | 0 |
| IDR | CLOSED OUT | 0 | 91,929 | -100.0% | 0 |
| AAOI | CLOSED OUT | 0 | 74,334 | -100.0% | 0 |
| UBER | CLOSED OUT | 0 | 53,601 | -100.0% | 0 |
| SPOT | CLOSED OUT | 0 | 14,828 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | STATE STR CORP | COM | 857477103 | 57,249,837 | 4.71 | 337558.0 | |
| - | GE AEROSPACE | COM NEW | 369604301 | 54,707,719 | 4.5 | 146383.0 | |
| MU | REDUCED | MICRON TECHNOLOGY INC | COM | 595112103 | 52,390,915 | 4.31 | 45388.0 |
| GEV | REDUCED | GE VERNOVA INC | COM | 36828A101 | 50,892,585 | 4.19 | 43318.0 |
| VRT | REDUCED | VERTIV HOLDINGS CO | COM CL A | 92537N108 | 40,928,397 | 3.37 | 122240.0 |
| HUT | REDUCED | HUT 8 CORP | COM | 44812J104 | 40,633,523 | 3.34 | 351973.0 |
| AMD | NEW | ADVANCED MICRO DEVICES INC | COM | 007903107 | 38,904,705 | 3.2 | 66972.0 |
| - | TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | 36,776,711 | 3.02 | 77008.0 | |
| NBIS | NEW | NEBIUS GROUP N.V. | SHS CLASS A | N97284108 | 36,666,539 | 3.02 | 132768.0 |
| MKSI | ADDED | MKS INC. | COM | 55306N104 | 35,314,896 | 2.9 | 79395.0 |
| NOK | NEW | NOKIA CORP | SPONSORED ADR | 654902204 | 33,871,756 | 2.79 | 2550584.0 |
| SNDK | REDUCED | SANDISK CORP | COM | 80004C200 | 33,669,394 | 2.77 | 14808.0 |
| RIOT | NEW | RIOT PLATFORMS INC | COM | 767292105 | 32,900,054 | 2.71 | 1201609.0 |
| INTC | NEW | INTEL CORP | COM | 458140100 | 31,238,722 | 2.57 | 223725.0 |
| KLAC | NEW | KLA CORP | COM NEW | 482480100 | 28,577,971 | 2.35 | 94720.0 |
| ALAB | NEW | ASTERA LABS INC | COM | 04626A103 | 27,886,194 | 2.29 | 57733.0 |
| WULF | ADDED | TERAWULF INC | COM | 88080T104 | 26,928,014 | 2.21 | 1090203.0 |
| - | NORTHERN TR CORP | COM | 665859104 | 26,183,607 | 2.15 | 150619.0 | |
| - | ADVANCED ENERGY INDS | COM | 007973100 | 26,182,931 | 2.15 | 70220.0 | |
| - | AMPHENOL CORP | CL A | 032095101 | 25,061,948 | 2.06 | 142139.0 | |
| FLEX | NEW | FLEX LTD | ORD | Y2573F102 | 24,225,251 | 1.99 | 149474.0 |
| NVDA | UNCHANGED | NVIDIA CORPORATION | COM | 67066G104 | 23,244,255 | 1.91 | 116169.0 |
| AVGO | NEW | BROADCOM INC | COM | 11135F101 | 22,812,700 | 1.88 | 60391.0 |
| FPS | NEW | FORGENT POWER SOLUTIONS INC | COM SHS CL A | 34631F102 | 22,283,224 | 1.83 | 398912.0 |
| C | NEW | CITIGROUP INC | COM NEW | 172967424 | 21,419,338 | 1.76 | 153039.0 |
| KEEL | NEW | KEEL INFRASTRUCTURE CORP | COM SHS | 486917107 | 20,795,366 | 1.71 | 3622886.0 |
| - | APPLIED MATLS INC | COM | 038222105 | 20,343,774 | 1.67 | 28138.0 | |
| COHR | REDUCED | COHERENT CORP | COM | 19247G107 | 18,099,467 | 1.49 | 45883.0 |
| AAPL | UNCHANGED | APPLE INC | COM | 037833100 | 17,884,184 | 1.47 | 61806.0 |
| MA | UNCHANGED | MASTERCARD INCORPORATED | CL A | 57636Q104 | 17,802,917 | 1.46 | 34663.0 |
| SIMO | ADDED | SILICON MOTION TECHNOLOGY CO | SPONSORED ADR | 82706C108 | 17,607,491 | 1.45 | 52823.0 |
| - | VARONIS SYS INC | COM | 922280102 | 15,998,551 | 1.32 | 381281.0 | |
| V | UNCHANGED | VISA INC | COM CL A | 92826C839 | 15,666,176 | 1.29 | 45662.0 |
| AGX | REDUCED | ARGAN INC | COM | 04010E109 | 15,582,905 | 1.28 | 19514.0 |
| AMKR | NEW | AMKOR TECHNOLOGY INC | COM | 031652100 | 15,288,665 | 1.26 | 177301.0 |
| FN | REDUCED | FABRINET | SHS | G3323L100 | 14,678,157 | 1.21 | 26114.0 |
| CIFR | NEW | CIPHER DIGITAL INC | COM | 17253J106 | 14,590,681 | 1.2 | 595538.0 |
| AIP | UNCHANGED | ARTERIS INC | COM | 04302A104 | 14,284,148 | 1.17 | 293973.0 |
| PENG | NEW | PENGUIN SOLUTIONS INC | COM | 706915105 | 14,071,579 | 1.16 | 185128.0 |
| META | UNCHANGED | META PLATFORMS INC | CL A | 30303M102 | 13,966,212 | 1.15 | 24794.0 |
| - | BROOKDALE SR LIVING INC | COM | 112463104 | 12,191,554 | 1.0 | 757710.0 | |
| JBL | ADDED | JABIL INC | COM | 466313103 | 12,126,044 | 1.0 | 31457.0 |
| APLD | NEW | APPLIED DIGITAL CORP | COM NEW | 038169207 | 10,748,629 | 0.88 | 288167.0 |
| LRCX | NEW | LAM RESEARCH CORP | COM NEW | 512807306 | 9,691,425 | 0.8 | 22365.0 |
| - | COMFORT SYS USA INC | COM | 199908104 | 9,039,674 | 0.74 | 4561.0 | |
| STRL | REDUCED | STERLING INFRASTRUCTURE INC | COM | 859241101 | 7,555,919 | 0.62 | 9002.0 |
| CLS | UNCHANGED | CELESTICA INC | COM | 15101Q207 | 7,170,144 | 0.59 | 19655.0 |
| - | LUMENTUM HLDGS INC | COM | 55024U109 | 7,142,491 | 0.59 | 8324.0 | |
| - | MACOM TECH SOLUTIONS HLDGS I | COM | 55405Y100 | 6,831,445 | 0.56 | 17960.0 | |
| AMZN | NEW | AMAZON COM INC | COM | 023135106 | 6,742,639 | 0.55 | 28290.0 |
| TMO | UNCHANGED | THERMO FISHER SCIENTIFIC INC | COM | 883556102 | 6,618,955 | 0.54 | 13202.0 |
| CEPO | NEW | CANTOR EQUITY PARTNERS I INC | SHS CL A | G1827K107 | 4,870,172 | 0.4 | 362904.0 |
| IREN | REDUCED | IREN LIMITED | ORDINARY SHARES | Q4982L109 | 4,550,867 | 0.37 | 99516.0 |
| LSCC | NEW | LATTICE SEMICONDUCTOR CORP | COM | 518415104 | 4,516,909 | 0.37 | 29530.0 |
| QS | ADDED | QUANTUMSCAPE CORP | COM CL A | 74767V109 | 4,339,652 | 0.36 | 574028.0 |
| ADI | NEW | ANALOG DEVICES INC | COM | 032654105 | 4,200,470 | 0.35 | 10576.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | 1,215,948,448 | 56 | 17.096326 | 0.600591 | 25.602688 |
| 2026-03-31 | 2026-05-12 | 557,894,136 | 43 | 14.315571 | 0.504245 | 23.890831 |
| 2025-12-31 | 2026-02-10 | 687,766,844 | 48 | 14.82628 | 0.661838 | 24.521692 |
| 2025-09-30 | 2025-10-28 | 700,841,567 | 58 | 14.215021 | 0.560251 | 21.672634 |
| 2025-03-31 | 2025-05-13 | 260,436,673 | 28 | 16.815846 | 0.780377 | 30.191454 |
| 2024-12-31 | 2025-02-13 | 368,927,713 | 37 | 17.399891 | 0.773364 | 30.638053 |