Catalyst Funds Management Portfolio holdings
Catalyst Funds Management is an Australian multi-strategy hedge fund that looks for price gaps and trades volatile stocks, often using short-dated options. Deepan Pavendranathan started it after leaving Regal in 2021, where he had co-run the Global Alpha Fund. The firm splits its work across three approaches: judgment calls by its investment team, computer-driven strategies, and fundamental research into company value.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bloom Energy
BE
|
+$60M |
| 2 |
Microsoft
MSFT
|
+$51.8M |
| 3 |
Apple
AAPL
|
+$51.4M |
| 4 |
Intel
INTC
|
+$48.5M |
| 5 |
Eli Lilly
LLY
|
+$36.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Rio Tinto
RIO
|
+$16.4M |
| 2 |
Arm
ARM
|
+$13.6M |
| 3 |
Teradyne
TER
|
+$7.42M |
| 4 |
TechnipFMC
FTI
|
+$7.05M |
| 5 |
Revolution Medicines
RVMD
|
+$6.44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39% |
| 2 | Industrials | 17.42% |
| 3 | Healthcare | 11.46% |
| 4 | Financials | 9.05% |
| 5 | Consumer Discretionary | 5.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
The Ensign Group
ENSG
$10.6B
| $6.33M | 0.35% |
39,500
+38,500
| +3,850% | +$6.79M |
2026 Q1
1 quarter
|
|
77
Elbit Systems
ESLT
$32B
| $6.3M | 0.35% |
8,300
| – | – |
2026 Q1
1 quarter
|
|
78
Alnylam Pharmaceuticals
ALNY
$20.9B
| $6.26M | 0.35% |
+20,803
| New | +$6.27M |
2026 Q2
0 quarters
|
|
79
Moody's
MCO
$87.2B
| $6.21M | 0.35% |
+13,720
| New | +$6.16M |
2026 Q2
0 quarters
|
|
80
Axsome Therapeutics
AXSM
$6.96B
| $6.09M | 0.34% |
+24,900
| New | +$5.4M |
2026 Q2
0 quarters
|
|
81
Johnson & Johnson
JNJ
$665B
| $6.07M | 0.34% |
23,900
+18,161
| +316% | +$4.23M |
2026 Q1
1 quarter
|
|
82
Corning
GLW
$91.4B
| $6.03M | 0.34% |
23,600
-5,307
| -18% | -$966K |
2026 Q1
1 quarter
|
|
83
Applied Materials
AMAT
$264B
| $6.02M | 0.34% |
+8,320
| New | +$3.84M |
2026 Q2
0 quarters
|
|
84
HEICO Corp Class A
HEI.A
$35B
| $5.96M | 0.33% |
23,100
+20,000
| +645% | +$4.57M |
2025 Q2
4 quarters
|
|
85
Medline Inc
MDLN
$34.8B
| $5.92M | 0.33% |
150,026
-109,569
| -42% | -$4.42M |
2026 Q1
1 quarter
|
|
86
Reddit
RDDT
$18.4B
| $5.75M | 0.32% |
33,100
| – | – |
2025 Q2
4 quarters
|
|
87
American Healthcare REIT
AHR
$12.6B
| $5.28M | 0.3% |
+101,301
| New | +$4.98M |
2026 Q2
0 quarters
|
|
88
Bank of America
BAC
$341B
| $5.25M | 0.29% |
92,100
+49,405
| +116% | +$2.63M |
2025 Q4
2 quarters
|
|
89
Fortinet
FTNT
$87.3B
| $5.22M | 0.29% |
+34,002
| New | +$3.93M |
2026 Q2
0 quarters
|
|
90
Verisk Analytics
VRSK
$26.6B
| $5.21M | 0.29% |
+29,001
| New | +$5.11M |
2026 Q2
0 quarters
|
|
91
Wells Fargo
WFC
$252B
| $5.09M | 0.29% |
61,600
+38,807
| +170% | +$3.12M |
2025 Q3
3 quarters
|
|
92
Liberty Media Corporation Series C Common Stock
FWONK
$26.7B
| $5.06M | 0.28% |
+53,146
| New | +$4.75M |
2026 Q2
0 quarters
|
|
93
ON Semiconductor
ON
$24.6B
| $5.03M | 0.28% |
53,235
+46,337
| +672% | +$4.75M |
2025 Q4
2 quarters
|
|
94
Mastercard
MA
$569B
| $4.97M | 0.28% |
9,681
+6,395
| +195% | +$3.19M |
2025 Q4
2 quarters
|
|
95
Newmont
NEM
$126B
| $4.92M | 0.28% |
52,697
+14,525
| +38% | +$1.58M |
2026 Q1
1 quarter
|
|
96
Verizon
VZ
$189B
| $4.78M | 0.27% |
112,802
+66,014
| +141% | +$3.1M |
2026 Q1
1 quarter
|
|
97
Omnicom Group
OMC
$23.7B
| $4.77M | 0.27% |
65,544
+61,506
| +1,523% | +$4.63M |
2025 Q1
5 quarters
|
|
98
IES Holdings
IESC
$6.72B
| $4.75M | 0.27% |
+12,918
| New | +$4.17M |
2026 Q2
0 quarters
|
|
99
Applied Optoelectronics
AAOI
$4.26B
| $4.74M | 0.27% |
+32,000
| New | +$5.2M |
2026 Q2
0 quarters
|
|
100
Markel Group
MKL
$23.7B
| $4.72M | 0.26% |
2,418
+1,618
| +202% | +$3.02M |
2025 Q2
4 quarters
|
|
Similar funds
Catalyst Funds Management's Q2 2026 Portfolio in Review
As of Q2 2026, Catalyst Funds Management held 940 positions worth $1.78B, up 202% from $591M the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Catalyst Funds Management deployed $1.05B of net new capital in Q2 2026, opening 356 new positions and adding to 176 existing holdings. Its largest new stake was Bloom Energy: 234,250 shares worth $70.9M.
By sector, the portfolio is most concentrated in Technology at 39% of assets, up from 23% a quarter earlier, followed by Industrials and Healthcare.
On the sell side, the largest reduction was Sunbelt Rentals Holdings, an estimated $5.51M trimmed.
- Catalyst Funds Management's largest Q2 2026 buy was Bloom Energy: 234,250 shares worth $70.9M.
- Catalyst Funds Management added most to Apple in Q2 2026, an estimated $51.4M increase.
- Catalyst Funds Management's biggest Q2 2026 reduction was Sunbelt Rentals Holdings, cutting an estimated $5.51M.
- Catalyst Funds Management fully exited Rio Tinto in Q2 2026, selling an estimated $16.4M.
- Catalyst Funds Management's ten largest holdings make up 24% of its $1.78B portfolio in Q2 2026.
- Catalyst Funds Management opened 356 new positions and closed 297 in Q2 2026.
- Catalyst Funds Management's portfolio value rose 202% quarter-over-quarter to $1.78B.
Based on Catalyst Funds Management's 13F filing for Q2 2026, filed 10 Aug 2026.