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 |
Janus International
JBI
|
+$5.84M |
| 2 |
Boeing
BA
|
+$4.64M |
| 3 |
Goldman Sachs
GS
|
+$4.17M |
| 4 |
IQVIA
IQV
|
+$3.7M |
| 5 |
Atlassian
TEAM
|
+$2.57M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$10.7M |
| 2 |
NVIDIA
NVDA
|
+$6.14M |
| 3 |
FedEx
FDX
|
+$4.15M |
| 4 |
Adobe
ADBE
|
+$3.26M |
| 5 |
Repligen
RGEN
|
+$2.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.43% |
| 2 | Industrials | 26.49% |
| 3 | Healthcare | 13.23% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Communication Services | 8.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Vertiv
VRT
$101B
| $20.8M | 13.6% |
433,879
-20,400
| -4% | -$869K |
|
2
Amazon
AMZN
$2.79T
| $12.4M | 8.09% |
81,605
-10,500
| -11% | -$1.47M |
|
3
Microsoft
MSFT
$3.59T
| $9.88M | 6.45% |
26,265
-6,985
| -21% | -$2.49M |
|
|
4
NVIDIA
NVDA
$5.2T
| $9.54M | 6.23% |
192,600
-132,420
| -41% | -$6.14M |
|
|
5
Janus International
JBI
$697M
| $8.99M | 5.87% |
688,958
+549,515
| +394% | +$5.84M |
|
6
ServiceNow
NOW
$133B
| $6.44M | 4.21% |
45,610
+600
| +1% | +$75.6K |
|
|
7
Meta Platforms (Facebook)
META
$1.4T
| $6.05M | 3.95% |
17,106
-32,900
| -66% | -$10.7M |
|
8
Danaher
DHR
$154B
| $5.92M | 3.87% |
25,600
-8,917
| -26% | -$1.9M |
|
|
9
Boeing
BA
$169B
| $5.66M | 3.69% |
+21,700
| New | +$4.64M |
|
10
Shift4
FOUR
$3.78B
| $5.27M | 3.44% |
70,902
-32,800
| -32% | -$1.96M |
|
|
11
IQVIA
IQV
$42.8B
| $4.94M | 3.22% |
21,342
+18,000
| +539% | +$3.7M |
|
|
12
Goldman Sachs
GS
$303B
| $4.82M | 3.15% |
+12,500
| New | +$4.17M |
|
13
Thermo Fisher Scientific
TMO
$233B
| $4.43M | 2.89% |
8,350
-1,700
| -17% | -$823K |
|
14
Take-Two Interactive
TTWO
$44.8B
| $4.12M | 2.69% |
25,600
-6,400
| -20% | -$955K |
|
|
15
Atlassian
TEAM
$43.5B
| $4.12M | 2.69% |
17,309
+13,109
| +312% | +$2.57M |
|
|
XYZ
16
Block Inc
XYZ
$49.4B
| $3.46M | 2.26% |
+44,785
| New | +$2.53M |
|
17
MongoDB
MDB
$34.7B
| $3.08M | 2.01% |
7,532
-1,468
| -16% | -$557K |
|
18
Advanced Micro Devices
AMD
$773B
| $2.72M | 1.78% |
18,450
-12,550
| -40% | -$1.48M |
|
19
Invesco QQQ Trust
QQQ
$486B
| $2.18M | 1.42% |
+5,316
| New | +$2.02M |
|
20
Shopify
SHOP
$192B
| $2.12M | 1.38% |
27,200
-22,800
| -46% | -$1.46M |
|
21
Bausch + Lomb
BLCO
$6.16B
| $2.07M | 1.35% |
121,471
| – | – |
|
|
SGI
22
Somnigroup International
SGI
$13.6B
| $2.04M | 1.33% |
+40,000
| New | +$1.7M |
|
23
Morgan Stanley
MS
$336B
| $1.96M | 1.28% |
+21,000
| New | +$1.68M |
|
24
Caesars Entertainment
CZR
$6.06B
| $1.88M | 1.22% |
+40,000
| New | +$1.78M |
|
25
Oscar Health
OSCR
$9.89B
| $1.86M | 1.21% |
203,114
+63,028
| +45% | +$435K |
|
Similar funds
Nehal Chopra's Q4 2023 Portfolio in Review
As of Q4 2023, Nehal Chopra held 48 positions worth $153M, up 16% from $132M the previous quarter. Its ten largest holdings account for 59% of the portfolio.
Nehal Chopra withdrew a net $6.53M in Q4 2023, closing 6 positions and reducing 15 holdings. Its most notable exit was Adobe, an estimated $3.26M position sold in full.
By sector, the portfolio is most concentrated in Technology at 32% of assets, down from 40% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, Nehal Chopra opened a new position in Boeing worth $5.66M.
- Nehal Chopra's largest Q4 2023 buy was Boeing: 21,700 shares worth $5.66M.
- Nehal Chopra added most to Janus International in Q4 2023, an estimated $5.84M increase.
- Nehal Chopra's biggest Q4 2023 reduction was Meta Platforms (Facebook), cutting an estimated $10.7M.
- Nehal Chopra fully exited Adobe in Q4 2023, selling an estimated $3.26M.
- Nehal Chopra's ten largest holdings make up 59% of its $153M portfolio in Q4 2023.
- Nehal Chopra opened 16 new positions and closed 6 in Q4 2023.
- Nehal Chopra's portfolio value rose 16% quarter-over-quarter to $153M.
Based on Ratan Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.