Heard Capital LLC Portfolio holdings
Heard Capital is a long-only investment firm that builds concentrated stock portfolios in financial, industrial, technology, telecom and media companies, holding them for several years. William Heard, a former special situations analyst at the alternative investment firm Stark Investments, founded it and runs it as chief executive and chief investment officer; the firm began operating in 2011. Some of its funds buy publicly traded stocks, while others make loans to private companies in the same sectors and buy their preferred securities. Its investors include endowments, foundations, pensions and select family offices.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bloom Energy
BE
|
+$115M |
| 2 |
Marvell Technology
MRVL
|
+$89.8M |
| 3 |
AeroVironment
AVAV
|
+$32.7M |
| 4 |
Fair Isaac
FICO
|
+$19.2M |
| 5 |
Elbit Systems
ESLT
|
+$18.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Adobe
ADBE
|
+$104M |
| 2 |
Lam Research
LRCX
|
+$95.1M |
| 3 |
American Tower
AMT
|
+$55.3M |
| 4 |
Telesat
TSAT
|
+$29.3M |
| 5 |
Blackstone
BX
|
+$1.84M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 36.87% |
| 2 | Industrials | 27.07% |
| 3 | Financials | 22.4% |
| 4 | Communication Services | 7.56% |
| 5 | Real Estate | 5.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Lam Research
LRCX
$300B
| $328M | 14.05% |
757,760
-313,120
| -29% | -$95.1M |
2019 Q4
26 quarters
|
|
2
TransDigm Group
TDG
$68.5B
| $248M | 10.62% |
186,289
+7,679
| +4% | +$9.43M |
2019 Q4
26 quarters
|
|
|
3
Fair Isaac
FICO
$15.4B
| $234M | 10% |
195,527
+17,117
| +10% | +$19.2M |
2019 Q4
26 quarters
|
|
4
Apollo Global Management
APO
$73.1B
| $200M | 8.56% |
1,690,310
+8,790
| +0.5% | +$1.11M |
2022 Q1
17 quarters
|
|
5
Anterix
ATEX
$1.55B
| $177M | 7.56% |
1,716,738
| – | – |
2020 Q4
22 quarters
|
|
6
Palantir
PLTR
$418B
| $162M | 6.94% |
1,389,846
+68,101
| +5% | +$9.29M |
2024 Q4
6 quarters
|
|
|
7
AeroVironment
AVAV
$6.31B
| $149M | 6.39% |
903,975
+182,623
| +25% | +$32.7M |
2020 Q3
23 quarters
|
|
|
8
Blackstone
BX
$97.1B
| $143M | 6.13% |
1,217,600
-15,290
| -1% | -$1.84M |
2019 Q4
26 quarters
|
|
|
9
Bloom Energy
BE
$63.3B
| $136M | 5.81% |
+448,808
| New | +$115M |
2026 Q2
0 quarters
|
|
|
10
Marvell Technology
MRVL
$154B
| $133M | 5.71% |
+447,977
| New | +$89.8M |
2026 Q2
0 quarters
|
|
|
11
American Tower
AMT
$88.2B
| $132M | 5.63% |
804,848
-307,257
| -28% | -$55.3M |
2019 Q4
26 quarters
|
|
12
American Express
AXP
$216B
| $115M | 4.91% |
339,427
-400
| -0.1% | -$128K |
2023 Q1
13 quarters
|
|
|
13
Elbit Systems
ESLT
$34.1B
| $99.3M | 4.25% |
130,840
+22,449
| +21% | +$18.7M |
2023 Q4
10 quarters
|
|
14
Moelis & Co
MC
$4.15B
| $64.1M | 2.74% |
979,810
| – | – |
2019 Q4
26 quarters
|
|
15
Equinix
EQIX
$106B
| $5.38M | 0.23% |
5,160
| – | – |
2020 Q4
22 quarters
|
|
16
Amazon
AMZN
$2.88T
| $4.3M | 0.18% |
18,060
| – | – |
2020 Q1
25 quarters
|
|
17
Qualcomm
QCOM
$193B
| $2.34M | 0.1% |
12,640
-8,980
| -42% | -$1.68M |
2020 Q1
25 quarters
|
|
|
18
Adobe
ADBE
$92.5B
| $1.37M | 0.06% |
6,700
-437,625
| -98% | -$104M |
2019 Q4
26 quarters
|
|
19
Ares Management
ARES
$31.8B
| $1.24M | 0.05% |
11,150
| – | – |
2020 Q1
25 quarters
|
|
20
Prologis
PLD
$124B
| $1.02M | 0.04% |
7,500
| – | – |
2021 Q4
18 quarters
|
|
|
21
Telesat
TSAT
$752M
| $221K | 0.01% |
4,370
-606,200
| -99% | -$29.3M |
2021 Q4
18 quarters
|
|
22
Charter Communications
CHTR
$15.4B
| – | – |
-2,602
| Closed | -$562K | – |
|
23
People Inc
PPLI
$3.29B
| – | – |
-23,507
| Closed | -$941K | – |
|
Similar funds
Heard Capital LLC's Q2 2026 Portfolio in Review
As of Q2 2026, Heard Capital LLC held 23 positions worth $2.34B, up 21% from $1.93B the previous quarter. Its ten largest holdings account for 82% of the portfolio.
Heard Capital LLC's Q2 2026 filing shows 2 new, 6 increased, 7 reduced and 2 closed positions. Its largest new stake was Bloom Energy: 448,808 shares worth $136M. The largest sale was Adobe, an estimated $104M.
By sector, the portfolio is most concentrated in Technology at 37% of assets, down from 39% a quarter earlier, followed by Industrials and Financials.
- Heard Capital LLC's largest Q2 2026 buy was Bloom Energy: 448,808 shares worth $136M.
- Heard Capital LLC added most to AeroVironment in Q2 2026, an estimated $32.7M increase.
- Heard Capital LLC's biggest Q2 2026 reduction was Adobe, cutting an estimated $104M.
- Heard Capital LLC fully exited People Inc in Q2 2026, selling an estimated $941K.
- Heard Capital LLC's ten largest holdings make up 82% of its $2.34B portfolio in Q2 2026.
- Heard Capital LLC opened 2 new positions and closed 2 in Q2 2026.
- Heard Capital LLC's portfolio value rose 21% quarter-over-quarter to $2.34B.
Based on Heard Capital LLC's 13F filing for Q2 2026, filed 11 Aug 2026.