We are live on ! Find out more
HC

Headwater Capital Portfolio holdings

AUM $500M
1-Year Est. Return 72.8%
This Fund
S&P 500
This Quarter Est. Return
-6.5%
1 Year Est. Return
+72.8%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$622M
AUM Growth
+$141M
Cap. Flow
+$186M
Cap. Flow %
29.86%
Top 10 Hldgs %
91.44%
Holding
24
New
7
Increased
4
Reduced
4
Closed
9
Avg Time Held Equity + Options
1.9 quarters
Top 10 Avg Time Held Equity + Options
2.6 quarters
Top 20 Avg Time Held Equity + Options
1.9 quarters
Avg Time Held Equity only
1.9 quarters
Top 10 Avg Time Held Equity only
2.6 quarters
Top 20 Avg Time Held Equity only
1.9 quarters

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$97.8M
2
NVDA icon
NVIDIA
NVDA
+$57.8M
3
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$40.8M
4
DASH icon
DoorDash
DASH
+$38.8M
5
HOOD icon
Robinhood
HOOD
+$32.2M

Top Sells

Rank Stock Value
1
GOOG icon
Alphabet (Google) Class C
GOOG
+$55.6M
2
AMZN icon
Amazon
AMZN
+$24M
3
FIG
Figma
FIG
+$19.4M
4
PDD icon
Pinduoduo
PDD
+$11.6M
5
TSM icon
TSMC
TSM
+$9.64M

Sector Composition

Rank Sector Weight
1 Communication Services 44.09%
2 Technology 35.16%
3 Consumer Discretionary 14.46%
4 Financials 6.29%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
TSM icon
1
TSMC
TSM
$2.4T
$114M 18.26%
336,000
-28,000
-8% -$9.64M
2024 Q4
5 quarters
META icon
2
Meta Platforms (Facebook)
META
$1.83T
$108M 17.39%
189,000
+152,600
+419% +$97.8M
2024 Q4
5 quarters
GOOG icon
3
Alphabet (Google) Class C
GOOG
$4.23T
$84.6M 13.61%
295,000
-177,000
-38% -$55.6M
2025 Q2
3 quarters
GOOGL icon
4
Alphabet (Google) Class A
GOOGL
$4.27T
$66.1M 10.63%
230,000
+130,000
+130% +$40.8M
2025 Q4
1 quarter
NVDA icon
5
NVIDIA
NVDA
$5.68T
$54.9M 8.83%
+315,000
New +$57.8M
2026 Q1
0 quarters
MU icon
6
Micron Technology
MU
$1.2T
$36.1M 5.81%
107,000
+29,000
+37% +$11.4M
2025 Q3
2 quarters
TCOM icon
7
Trip.com Group
TCOM
$23.7B
$32.9M 5.28%
660,000
+335,000
+103% +$19.5M
2024 Q4
5 quarters
DASH icon
8
DoorDash
DASH
$81.9B
$31.5M 5.07%
+210,000
New +$38.8M
2026 Q1
0 quarters
HOOD icon
9
Robinhood
HOOD
$97B
$25.4M 4.09%
+367,000
New +$32.2M
2026 Q1
0 quarters
PDD icon
10
Pinduoduo
PDD
$111B
$15.3M 2.46%
150,000
-110,000
-42% -$11.6M
2024 Q4
5 quarters
LITE icon
11
Lumentum
LITE
$96.6B
$14.1M 2.26%
20,000
-10,000
-33% -$5.49M
2025 Q3
2 quarters
FUTU icon
12
Futu Holdings
FUTU
$15.2B
$13.7M 2.2%
+100,000
New +$15.5M
2026 Q1
0 quarters
RBLX icon
13
Roblox
RBLX
$32.2B
$11.3M 1.82%
+200,000
New +$13.4M
2026 Q1
0 quarters
ONON icon
14
On Holding
ONON
$11.2B
$10.2M 1.64%
+300,000
New +$13.1M
2026 Q1
0 quarters
BZ icon
15
Kanzhun
BZ
$6.62B
$4.02M 0.65%
+300,000
New +$5.08M
2026 Q1
0 quarters
AAPL icon
16
PUT
Apple
AAPL
$4.93T
– –
-624,000
Closed -$3.14M –
AMZN icon
17
Amazon
AMZN
$2.78T
– –
-104,000
Closed -$24M –
ATAT icon
18
Atour Lifestyle Holdings
ATAT
$4.28B
– –
-200,000
Closed -$7.88M –
BABA icon
19
Alibaba
BABA
$262B
– –
-16,000
Closed -$2.35M –
HTHT icon
20
Huazhu Hotels Group
HTHT
$13.3B
– –
-200,000
Closed -$9.41M –
TRIP icon
21
TripAdvisor
TRIP
$1.02B
– –
-350,000
Closed -$5.1M –
YELP icon
22
Yelp
YELP
$1.01B
– –
-150,000
Closed -$4.56M –
YUMC icon
23
Yum China
YUMC
$14.1B
– –
-100,000
Closed -$4.77M –
FIG
24
Figma
FIG
$11.5B
– –
-520,000
Closed -$19.4M –

Similar funds

TLP
Trinity Legacy Partners Houston, Texas $500M AUM 23.58% 1-Year Est. Return
BCM
Brown Capital Management Baltimore, Maryland $500M AUM 25.3% 1-Year Est. Return
PT
Plimoth Trust Plymouth, Massachusetts $501M AUM 35.9% 1-Year Est. Return
FGWP
Founders Grove Wealth Partners Richmond, Virginia $501M AUM 23.49% 1-Year Est. Return
PCA
Peddock Capital Advisors Braintree, Massachusetts $501M AUM 29.8% 1-Year Est. Return
ISWM
Intesa Sanpaolo Wealth Management Ville De Luxembourg $500M AUM
PPL
Planning Project LLC The Woodlands, Texas $501M AUM
FNBOMD
First National Bank of Mount Dora Mount Dora, Florida $499M AUM 22.75% 1-Year Est. Return

Headwater Capital's Q1 2026 Portfolio in Review

As of Q1 2026, Headwater Capital held 24 positions worth $622M, up 29% from $481M the previous quarter. Its ten largest holdings account for 91% of the portfolio.

Headwater Capital deployed $186M of net new capital in Q1 2026, opening 7 new positions and adding to 4 existing holdings. Its largest new stake was NVIDIA: 315,000 shares worth $54.9M.

By sector, the portfolio is most concentrated in Communication Services at 44% of assets, up from 43% a quarter earlier, followed by Technology and Consumer Discretionary.

On the sell side, the largest reduction was Alphabet (Google) Class C, an estimated $55.6M trimmed.

  • Headwater Capital's largest Q1 2026 buy was NVIDIA: 315,000 shares worth $54.9M.
  • Headwater Capital added most to Meta Platforms (Facebook) in Q1 2026, an estimated $97.8M increase.
  • Headwater Capital's biggest Q1 2026 reduction was Alphabet (Google) Class C, cutting an estimated $55.6M.
  • Headwater Capital fully exited Amazon in Q1 2026, selling an estimated $24M.
  • Headwater Capital's ten largest holdings make up 91% of its $622M portfolio in Q1 2026.
  • Headwater Capital opened 7 new positions and closed 9 in Q1 2026.
  • Headwater Capital's portfolio value rose 29% quarter-over-quarter to $622M.

Based on Headwater Capital's 13F filing for Q1 2026, filed 15 May 2026.