Nehal Chopra Ratan Capital Management
Nehal Chopra is the founder of Ratan Capital Management, a concentrated investment firm whose public portfolio is followed for high-conviction equity ideas. The firm’s filings often show a focused set of positions rather than a broad index-like book. Investors track Ratan as an example of a smaller, research-driven manager with differentiated stock selection.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$8.59M |
| 2 |
NVIDIA
NVDA
|
+$8.07M |
| 3 |
Danaher
DHR
|
+$6.29M |
| 4 |
Meta Platforms (Facebook)
META
|
+$6.03M |
| 5 |
Amazon
AMZN
|
+$5.16M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Janus International
JBI
|
+$2.78M |
| 2 |
Pfizer
PFE
|
+$2.57M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$1.69M |
| 4 |
TSMC
TSM
|
+$1.51M |
| 5 |
Alibaba
BABA
|
+$1.25M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39.96% |
| 2 | Industrials | 18.13% |
| 3 | Communication Services | 16.75% |
| 4 | Healthcare | 14.29% |
| 5 | Consumer Discretionary | 8.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
IQVIA
IQV
$42.8B
| $658K | 0.5% |
3,342
| – | – |
|
27
Keysight
KEYS
$53.8B
| $483K | 0.37% |
3,650
| – | – |
|
28
HDFC Bank
HDB
$121B
| $384K | 0.29% |
13,000
| – | – |
|
29
Datadog
DDOG
$84.6B
| $364K | 0.28% |
+4,000
| New | +$396K |
|
30
RTX Corp
RTX
$283B
| $360K | 0.27% |
5,000
| – | – |
|
|
AUROW
31
Aurora Innovation Warrant
AUROW
$246M
| $4K | ﹤0.01% |
11,494
| – | – |
|
32
Palladyne AI Corp Warrants
PDYNW
$272K
| $1K | ﹤0.01% |
20,407
| – | – |
|
|
33
Alibaba
BABA
$286B
| – | – |
-15,000
| Closed | -$1.25M |
|
34
Canadian Pacific Kansas City
CP
$85B
| – | – |
-9,646
| Closed | -$779K |
|
|
FARM
35
DELISTED
Farmer Brothers
FARM
| – | – |
-335,688
| Closed | -$930K |
|
|
36
Pfizer
PFE
$160B
| – | – |
-70,054
| Closed | -$2.57M |
|
37
Super Micro Computer
SMCI
$24.1B
| – | – |
-40,000
| Closed | -$997K |
|
38
T-Mobile US
TMUS
$196B
| – | – |
-5,000
| Closed | -$695K |
|
|
39
TSMC
TSM
$2.17T
| – | – |
-15,000
| Closed | -$1.51M |
|
|
ATVI
40
DELISTED
Activision Blizzard
ATVI
| – | – |
-20,000
| Closed | -$1.69M |
|
Similar funds
Nehal Chopra's Q3 2023 Portfolio in Review
As of Q3 2023, Nehal Chopra held 40 positions worth $132M, up 83% from $72.3M the previous quarter. Its ten largest holdings account for 73% of the portfolio.
Nehal Chopra deployed $57.8M of net new capital in Q3 2023, opening 10 new positions and adding to 11 existing holdings. Its largest new stake was MongoDB: 9,000 shares worth $3.11M.
By sector, the portfolio is most concentrated in Technology at 40% of assets, up from 21% a quarter earlier, followed by Industrials and Communication Services.
On the sell side, the largest reduction was Janus International, an estimated $2.78M trimmed.
- Nehal Chopra's largest Q3 2023 buy was MongoDB: 9,000 shares worth $3.11M.
- Nehal Chopra added most to Microsoft in Q3 2023, an estimated $8.59M increase.
- Nehal Chopra's biggest Q3 2023 reduction was Janus International, cutting an estimated $2.78M.
- Nehal Chopra fully exited Pfizer in Q3 2023, selling an estimated $2.57M.
- Nehal Chopra's ten largest holdings make up 73% of its $132M portfolio in Q3 2023.
- Nehal Chopra opened 10 new positions and closed 8 in Q3 2023.
- Nehal Chopra's portfolio value rose 83% quarter-over-quarter to $132M.
Based on Ratan Capital Management's 13F filing for Q3 2023, filed 14 Nov 2023.