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 |
Take-Two Interactive
TTWO
|
+$1.34M |
| 2 |
NVIDIA
NVDA
|
+$649K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$43.7M |
| 2 |
Microsoft
MSFT
|
+$7.4M |
| 3 |
Amazon
AMZN
|
+$7.29M |
| 4 |
Shift4
FOUR
|
+$7.08M |
| 5 |
PayPal
PYPL
|
+$5.57M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 25.47% |
| 2 | Communication Services | 24.64% |
| 3 | Consumer Discretionary | 17.71% |
| 4 | Technology | 15.05% |
| 5 | Healthcare | 7.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Meta Platforms (Facebook)
META
$1.4T
| $7.11M | 18.91% |
33,565
-3,000
| -8% | -$511K |
|
|
2
Amazon
AMZN
$2.79T
| $6.66M | 17.71% |
64,500
-75,500
| -54% | -$7.29M |
|
3
Janus International
JBI
$697M
| $4.85M | 12.9% |
492,087
-284,595
| -37% | -$2.96M |
|
4
Vertiv
VRT
$101B
| $4.06M | 10.8% |
283,978
-130,000
| -31% | -$1.91M |
|
|
5
Microsoft
MSFT
$3.59T
| $2.09M | 5.56% |
7,250
-29,000
| -80% | -$7.4M |
|
|
6
Shift4
FOUR
$3.78B
| $1.59M | 4.23% |
20,975
-109,908
| -84% | -$7.08M |
|
|
7
Take-Two Interactive
TTWO
$44.8B
| $1.43M | 3.81% |
+12,000
| New | +$1.34M |
|
8
Danaher
DHR
$154B
| $1.41M | 3.75% |
6,317
| – | – |
|
|
MIR.WS
9
DELISTED
Mirion Technologies, Inc. Redeemable Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50
MIR.WS
| $1.25M | 3.31% |
701,820
| – | – |
|
10
Mastercard
MA
$509B
| $1.13M | 3% |
3,100
| – | – |
|
11
Thermo Fisher Scientific
TMO
$233B
| $893K | 2.37% |
1,550
| – | – |
|
|
12
NVIDIA
NVDA
$5.2T
| $833K | 2.21% |
+30,000
| New | +$649K |
|
13
T-Mobile US
TMUS
$196B
| $724K | 1.92% |
5,000
| – | – |
|
14
CALL
Relay Therapeutics
RLAY
$4.26B
| $667K | 1.77% |
+40,500
| New | +$726K |
|
15
IQVIA
IQV
$42.8B
| $665K | 1.77% |
3,342
| – | – |
|
16
Keysight
KEYS
$53.8B
| $589K | 1.57% |
3,650
| – | – |
|
17
ServiceNow
NOW
$133B
| $558K | 1.48% |
6,000
-59,160
| -91% | -$5.15M |
|
18
RTX Corp
RTX
$283B
| $490K | 1.3% |
5,000
| – | – |
|
19
HDFC Bank
HDB
$121B
| $433K | 1.15% |
13,000
| – | – |
|
20
Mirion Technologies
MIR
$3.69B
| $175K | 0.47% |
20,487
-613,214
| -97% | -$4.87M |
|
|
AUROW
21
Aurora Innovation Warrant
AUROW
$246M
| $2K | 0.01% |
11,494
| – | – |
|
22
Palladyne AI Corp Warrants
PDYNW
$272K
| $2K | 0.01% |
20,407
| – | – |
|
23
Advanced Micro Devices
AMD
$773B
| – | – |
-33,400
| Closed | -$2.16M |
|
24
Bath & Body Works
BBWI
$3.92B
| – | – |
-50,000
| Closed | -$2.11M |
|
25
Datadog
DDOG
$84.6B
| – | – |
-30,000
| Closed | -$2.21M |
|
Similar funds
Nehal Chopra's Q1 2023 Portfolio in Review
As of Q1 2023, Nehal Chopra held 32 positions worth $37.6M, down 74% from $144M the previous quarter. Its ten largest holdings account for 84% of the portfolio.
Nehal Chopra withdrew a net $117M in Q1 2023, closing 10 positions and reducing 8 holdings. Its most notable exit was Invesco QQQ Trust, an estimated $43.7M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 25% of assets, up from 12% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Nehal Chopra opened a new position in Take-Two Interactive worth $1.43M.
- Nehal Chopra's largest Q1 2023 buy was Take-Two Interactive: 12,000 shares worth $1.43M.
- Nehal Chopra's biggest Q1 2023 reduction was Microsoft, cutting an estimated $7.4M.
- Nehal Chopra fully exited Invesco QQQ Trust in Q1 2023, selling an estimated $43.7M.
- Nehal Chopra's ten largest holdings make up 84% of its $37.6M portfolio in Q1 2023.
- Nehal Chopra opened 3 new positions and closed 10 in Q1 2023.
- Nehal Chopra's portfolio value fell 74% quarter-over-quarter to $37.6M.
Based on Ratan Capital Management's 13F filing for Q1 2023, filed 15 May 2023.