We are live on
!
Find out more
CCM
Connective Capital Management Portfolio holdings
AUM
$142M
1-Year Est. Return
51.29%
This Fund
S&P 500
This Quarter
Est. Return
+4.21%
1 Year Est. Return
+51.29%
3 Year Est. Return
+188.21%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$170M
AUM Growth
+$61.3M
(+56%)
Cap. Flow
+$60.4M
Cap. Flow
% of AUM
35.5%
Top 10 Holdings %
Top 10 Hldgs %
86.98%
Holding
95
New
22
Increased
9
Reduced
6
Closed
38
Avg Time Held
3.5
quarters
Top 10 Avg Time Held
6.4
quarters
Top 20 Avg Time Held
5.8
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard S&P 500 ETF
VOO
|
+$80.9M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$5.15M |
| 3 |
SPDR Gold Trust
GLD
|
+$1.28M |
| 4 |
Archer Aviation
ACHR
|
+$930K |
| 5 |
State Street SPDR S&P Biotech ETF
XBI
|
+$919K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$7.68M |
| 2 |
Costco
COST
|
+$2.44M |
| 3 |
Advanced Micro Devices
AMD
|
+$2.11M |
| 4 |
Alibaba
BABA
|
+$2.11M |
| 5 |
CrowdStrike
CRWD
|
+$2.06M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 69.56% |
| 2 | Technology | 9.5% |
| 3 | Healthcare | 8.59% |
| 4 | Consumer Discretionary | 3.55% |
| 5 | Communication Services | 2.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Vanguard S&P 500 ETF
VOO
$1.05T
| $81.6M | 47.93% |
+130,110
| New | +$80.9M |
2025 Q4
0 quarters
|
|
|
2
Invesco QQQ Trust
QQQ
$497B
| $20.1M | 11.8% |
32,694
+8,400
| +35% | +$5.15M |
2025 Q1
3 quarters
|
|
3
Intuitive Surgical
ISRG
$149B
| $13.2M | 7.78% |
23,392
+1,463
| +7% | +$779K |
2024 Q1
7 quarters
|
|
4
ProShares Ultra QQQ
QLD
$15.2B
| $7.46M | 4.38% |
105,918
| – | – |
2023 Q2
10 quarters
|
|
5
Microsoft
MSFT
$4.04T
| $6.94M | 4.08% |
14,354
| – | – |
2022 Q4
12 quarters
|
|
6
Apple
AAPL
$4.98T
| $5.27M | 3.09% |
19,379
| – | – |
2013 Q2
50 quarters
|
|
7
iShares Russell 2000 Growth ETF
IWO
$13.9B
| $4.35M | 2.55% |
13,453
| – | – |
2022 Q4
12 quarters
|
|
8
Cameco
CCJ
$37.5B
| $4.12M | 2.42% |
45,029
| – | – |
2022 Q4
12 quarters
|
|
9
Mercado Libre
MELI
$95.1B
| $2.88M | 1.69% |
1,430
| – | – |
2022 Q4
12 quarters
|
|
10
Amazon
AMZN
$2.79T
| $2.15M | 1.26% |
9,295
| – | – |
2023 Q1
11 quarters
|
|
11
Spotify
SPOT
$108B
| $1.71M | 1% |
2,939
| – | – |
2024 Q4
4 quarters
|
|
|
12
SPDR Gold Trust
GLD
$141B
| $1.33M | 0.78% |
+3,346
| New | +$1.28M |
2025 Q4
0 quarters
|
|
13
Netflix
NFLX
$293B
| $1.19M | 0.7% |
12,640
| – | – |
2025 Q1
3 quarters
|
|
14
Vertical Aerospace
EVTL
$69.8M
| $1.08M | 0.64% |
203,408
+152,873
| +303% | +$775K |
2025 Q3
1 quarter
|
|
15
Meta Platforms (Facebook)
META
$1.94T
| $1.04M | 0.61% |
1,579
-2,812
| -64% | -$1.88M |
2024 Q2
6 quarters
|
|
16
Ambarella
AMBA
$2.84B
| $1.03M | 0.6% |
14,516
+582
| +4% | +$47K |
2025 Q3
1 quarter
|
|
|
17
Archer Aviation
ACHR
$3.42B
| $1.02M | 0.6% |
135,311
+98,775
| +270% | +$930K |
2025 Q3
1 quarter
|
|
18
Interactive Brokers
IBKR
$39.6B
| $1.01M | 0.59% |
15,656
-1,409
| -8% | -$94.3K |
2024 Q3
5 quarters
|
|
|
19
State Street SPDR S&P Biotech ETF
XBI
$9.71B
| $977K | 0.57% |
+8,013
| New | +$919K |
2025 Q4
0 quarters
|
|
20
Dominari Holdings
DOMH
$49.2M
| $954K | 0.56% |
192,816
-142,457
| -42% | -$728K |
2025 Q2
2 quarters
|
|
21
VanEck Junior Gold Miners ETF
GDXJ
$8.2B
| $944K | 0.55% |
+8,294
| New | +$857K |
2025 Q4
0 quarters
|
|
22
Digital Brands Group
DBGI
$2.19M
| $876K | 0.51% |
+1,728
| New | +$576K |
2025 Q4
0 quarters
|
|
23
Profound Medical
PROF
$256M
| $787K | 0.46% |
+100,000
| New | +$643K |
2025 Q4
0 quarters
|
|
24
Ondas Inc
ONDS
$3.91B
| $668K | 0.39% |
+68,487
| New | +$550K |
2025 Q4
0 quarters
|
|
25
Byrna Technologies
BYRN
$106M
| $650K | 0.38% |
+38,729
| New | +$754K |
2025 Q4
0 quarters
|
|
Similar funds
HA
KFG
AF
SWM
MWM
LAS
KC
KF
Connective Capital Management's Q4 2025 Portfolio in Review
As of Q4 2025, Connective Capital Management held 95 positions worth $170M, up 56% from $109M the previous quarter. Its ten largest holdings account for 87% of the portfolio.
Connective Capital Management deployed $60.4M of net new capital in Q4 2025, opening 22 new positions and adding to 9 existing holdings. Its largest new stake was Vanguard S&P 500 ETF: 130,110 shares worth $81.6M.
By sector, the portfolio is most concentrated in Miscellaneous at 70% of assets, up from 25% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $1.88M trimmed.
- Connective Capital Management's largest Q4 2025 buy was Vanguard S&P 500 ETF: 130,110 shares worth $81.6M.
- Connective Capital Management added most to Invesco QQQ Trust in Q4 2025, an estimated $5.15M increase.
- Connective Capital Management's biggest Q4 2025 reduction was Meta Platforms (Facebook), cutting an estimated $1.88M.
- Connective Capital Management fully exited Broadcom in Q4 2025, selling an estimated $7.68M.
- Connective Capital Management's ten largest holdings make up 87% of its $170M portfolio in Q4 2025.
- Connective Capital Management opened 22 new positions and closed 38 in Q4 2025.
- Connective Capital Management's portfolio value rose 56% quarter-over-quarter to $170M.
Based on Connective Capital Management's 13F filing for Q4 2025, filed 19 Feb 2026.