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 |
Applovin
APP
|
+$18.2M |
| 2 |
Galicia Financial Group
GGAL
|
+$12.1M |
| 3 |
Broadcom
AVGO
|
+$11.6M |
| 4 |
Meta Platforms (Facebook)
META
|
+$9.68M |
| 5 |
Shift4
FOUR
|
+$8.24M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$68.5M |
| 2 |
Tesla
TSLA
|
+$41.3M |
| 3 |
Microsoft
MSFT
|
+$28.6M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$19.1M |
| 5 |
Vertiv
VRT
|
+$18.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.67% |
| 2 | Consumer Discretionary | 17.99% |
| 3 | Communication Services | 15.82% |
| 4 | Industrials | 9.86% |
| 5 | Utilities | 7.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Meta Platforms (Facebook)
META
$1.4T
| $35M | 11.31% |
60,810
+15,004
| +33% | +$9.68M |
|
|
2
NVIDIA
NVDA
$5.2T
| $31.9M | 10.3% |
294,617
-540,313
| -65% | -$68.5M |
|
3
Amazon
AMZN
$2.79T
| $31.6M | 10.2% |
166,158
-44,221
| -21% | -$9.6M |
|
|
4
Vertiv
VRT
$101B
| $25.2M | 8.13% |
348,824
-173,261
| -33% | -$18.4M |
|
5
Vistra
VST
$45.7B
| $23.1M | 7.45% |
196,740
-60,649
| -24% | -$9.06M |
|
|
6
Broadcom
AVGO
$1.75T
| $22.5M | 7.27% |
134,649
+55,039
| +69% | +$11.6M |
|
|
7
Microsoft
MSFT
$3.59T
| $18M | 5.81% |
47,981
-70,174
| -59% | -$28.6M |
|
|
8
Applovin
APP
$102B
| $14M | 4.51% |
+52,730
| New | +$18.2M |
|
|
9
Tesla
TSLA
$1.43T
| $13.1M | 4.21% |
50,400
-124,008
| -71% | -$41.3M |
|
|
10
iShares Bitcoin Trust
IBIT
$57.7B
| $12.6M | 4.08% |
270,000
-360,000
| -57% | -$19.1M |
|
|
11
Shift4
FOUR
$3.78B
| $12.3M | 3.98% |
150,902
+80,000
| +113% | +$8.24M |
|
12
Starbucks
SBUX
$122B
| $11.1M | 3.58% |
113,140
-58,860
| -34% | -$6.08M |
|
|
13
Galicia Financial Group
GGAL
$6.66B
| $10.6M | 3.43% |
+194,992
| New | +$12.1M |
|
14
Coherent
COHR
$56.7B
| $4.65M | 1.5% |
71,568
+27,568
| +63% | +$2.28M |
|
15
Carpenter Technology
CRS
$24.4B
| $4.44M | 1.43% |
24,494
-82,425
| -77% | -$15.9M |
|
16
TSMC
TSM
$2.17T
| $3.73M | 1.21% |
22,500
-28,448
| -56% | -$5.53M |
|
17
IQVIA
IQV
$42.8B
| $2.87M | 0.93% |
16,302
-1,440
| -8% | -$279K |
|
18
Credo Technology Group
CRDO
$43B
| $2.17M | 0.7% |
54,000
-46,000
| -46% | -$2.86M |
|
19
Janux Therapeutics
JANX
$1.06B
| $2.07M | 0.67% |
76,800
-102,507
| -57% | -$3.86M |
|
20
Mastercard
MA
$509B
| $1.7M | 0.55% |
3,100
| – | – |
|
21
Palantir
PLTR
$432B
| $1.29M | 0.42% |
+15,300
| New | +$1.34M |
|
22
Danaher
DHR
$154B
| $1.15M | 0.37% |
5,600
-16,000
| -74% | -$3.49M |
|
23
Dyne Therapeutics
DYN
$4.87B
| $1.03M | 0.33% |
98,900
-132,000
| -57% | -$1.89M |
|
24
ServiceNow
NOW
$133B
| $955K | 0.31% |
6,000
-32,110
| -84% | -$6.19M |
|
25
Thermo Fisher Scientific
TMO
$233B
| $771K | 0.25% |
1,550
-5,500
| -78% | -$2.98M |
|
Similar funds
Nehal Chopra's Q1 2025 Portfolio in Review
As of Q1 2025, Nehal Chopra held 42 positions worth $310M, down 52% from $652M the previous quarter. Its ten largest holdings account for 73% of the portfolio.
Nehal Chopra withdrew a net $255M in Q1 2025, closing 10 positions and reducing 18 holdings. Its most notable exit was Eli Lilly, an estimated $12.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 32% of assets, down from 34% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Nehal Chopra opened a new position in Applovin worth $14M.
- Nehal Chopra's largest Q1 2025 buy was Applovin: 52,730 shares worth $14M.
- Nehal Chopra added most to Broadcom in Q1 2025, an estimated $11.6M increase.
- Nehal Chopra's biggest Q1 2025 reduction was NVIDIA, cutting an estimated $68.5M.
- Nehal Chopra fully exited Eli Lilly in Q1 2025, selling an estimated $12.7M.
- Nehal Chopra's ten largest holdings make up 73% of its $310M portfolio in Q1 2025.
- Nehal Chopra opened 3 new positions and closed 10 in Q1 2025.
- Nehal Chopra's portfolio value fell 52% quarter-over-quarter to $310M.
Based on Ratan Capital Management's 13F filing for Q1 2025, filed 14 May 2025.