We are live on ! Find out more
TC

Torno Capital Portfolio holdings

AUM $3.47B
1-Year Est. Return 37.88%
This Fund
S&P 500
This Quarter Est. Return
+26.64%
1 Year Est. Return
+37.88%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$2.29B
AUM Growth
+$1.34B
Cap. Flow
+$376M
Cap. Flow %
16.37%
Top 10 Hldgs %
82.74%
Holding
117
New
54
Increased
15
Reduced
9
Closed
34

Top Buys

Rank Stock Value
1
KWEB icon
KraneShares CSI China Internet ETF
KWEB
+$274M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$75.4M
3
GOOG icon
Alphabet (Google) Class C
GOOG
+$22.6M
4
UNH icon
UnitedHealth
UNH
+$15.1M
5
BTF icon
CoinShares Bitcoin and Ether ETF
BTF
+$3.37M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$14.2M
2
PEP icon
PepsiCo
PEP
+$3.96M
3
ELV icon
Elevance Health
ELV
+$3.89M
4
BOXX icon
Alpha Architect 1-3 Month Box ETF
BOXX
+$1.32M
5
IBIT icon
iShares Bitcoin Trust
IBIT
+$1.3M

Sector Composition

Rank Sector Weight
1 Miscellaneous 89.89%
2 Communication Services 9.18%
3 Healthcare 0.79%
4 Consumer Discretionary 0.06%
5 Financials 0.06%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KWEB icon
1
PUT
KraneShares CSI China Internet ETF
KWEB
$4.89B
$541M 23.56%
12,866,300
+6,641,100
+107% +$249M
KWEB icon
2
KraneShares CSI China Internet ETF
KWEB
$4.89B
$513M 22.34%
12,200,000
+7,305,250
+149% +$274M
UNH icon
3
CALL
UnitedHealth
UNH
$360B
$205M 8.96%
+595,100
New +$180M
GOOGL icon
4
PUT
Alphabet (Google) Class A
GOOGL
$4.14T
$146M 6.36%
600,000
+310,000
+107% +$64.9M
GOOG icon
5
Alphabet (Google) Class C
GOOG
$4.1T
$121M 5.26%
495,000
+107,500
+28% +$22.6M
UNH icon
6
PUT
UnitedHealth
UNH
$360B
$87.7M 3.82%
+254,100
New +$76.8M
GOOGL icon
7
Alphabet (Google) Class A
GOOGL
$4.14T
$87.5M 3.81%
+360,000
New +$75.4M
SOXL icon
8
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$21.2B
$67M 2.92%
1,923,000
+754,900
+65% +$21M
CAT icon
9
CALL
Caterpillar
CAT
$378B
$65.5M 2.85%
+137,200
New +$58.6M
TSLA icon
10
CALL
Tesla
TSLA
$1.45T
$65.4M 2.85%
147,000
+58,100
+65% +$20.2M
GOOG icon
11
PUT
Alphabet (Google) Class C
GOOG
$4.1T
$60.9M 2.65%
+250,000
New +$52.5M
BMI icon
12
CALL
Badger Meter
BMI
$3.73B
$33.5M 1.46%
+187,500
New +$36.9M
WDC icon
13
PUT
Western Digital
WDC
$172B
$29.9M 1.3%
+248,800
New +$20.3M
LITE icon
14
CALL
Lumentum
LITE
$87.8B
$26.2M 1.14%
+161,000
New +$20.1M
TQQQ icon
15
PUT
ProShares UltraPro QQQ
TQQQ
$35.8B
$19.1M 0.83%
369,000
-914,000
-71% -$41.7M
BTF icon
16
PUT
CoinShares Bitcoin and Ether ETF
BTF
$16.1M
$18.2M 0.8%
+210,000
New +$17.7M
UNH icon
17
UnitedHealth
UNH
$360B
$17.3M 0.75%
+50,000
New +$15.1M
AIV
18
CALL
Aimco
AIV
$360M
$15.9M 0.69%
+2,000,000
New +$16.2M
GOOG icon
19
CALL
Alphabet (Google) Class C
GOOG
$4.1T
$14.3M 0.63%
+58,900
New +$12.4M
NVDL icon
20
PUT
GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF
NVDL
$3.96B
$14M 0.61%
+450,000
New +$12.6M
EWG icon
21
CALL
iShares MSCI Germany ETF
EWG
$1.74B
$13.9M 0.61%
335,000
+267,100
+393% +$11.2M
BMI icon
22
PUT
Badger Meter
BMI
$3.73B
$13.8M 0.6%
+77,000
New +$15.1M
MSTR icon
23
PUT
Strategy Inc
MSTR
$54.2B
$9.67M 0.42%
+30,000
New +$11.1M
CRDO icon
24
PUT
Credo Technology Group
CRDO
$31.5B
$9.1M 0.4%
+62,500
New +$7.65M
SNDK
25
CALL
Sandisk
SNDK
$254B
$8.98M 0.39%
+80,000
New +$4.67M
1
2 3 4 5

Similar funds

IC
Iconiq Capital San Francisco, California $3.47B AUM 23.76% 1-Year Est. Return
CI
CX Institutional Auburn, Indiana $3.46B AUM 21.89% 1-Year Est. Return
KIM
Karpus Investment Management Pittsford, New York $3.48B AUM 10.49% 1-Year Est. Return
ATC
Argent Trust Co Nashville, Tennessee $3.46B AUM 30.37% 1-Year Est. Return
TCG
Tremblant Capital Group West Palm Beach, Florida $3.48B AUM 29.32% 1-Year Est. Return
JIC
Joel Isaacson & Co New York $3.45B AUM 27.72% 1-Year Est. Return
MC
Metropolis Capital Amersham, United Kingdom $3.45B AUM 1.26% 1-Year Est. Return
NBS
Narodna banka Slovenska Bratislava $3.49B AUM

Torno Capital's Q3 2025 Portfolio in Review

As of Q3 2025, Torno Capital held 117 positions worth $2.29B, up 142% from $950M the previous quarter. Its ten largest holdings account for 83% of the portfolio.

Torno Capital deployed $376M of net new capital in Q3 2025, opening 54 new positions and adding to 15 existing holdings. Its largest new stake was Alphabet (Google) Class A: 360,000 shares worth $87.5M.

By sector, the portfolio is most concentrated in Miscellaneous at 90% of assets, down from 92% a quarter earlier, followed by Communication Services and Healthcare.

On the sell side, the largest reduction was Alpha Architect 1-3 Month Box ETF, an estimated $1.32M trimmed.

  • Torno Capital's largest Q3 2025 buy was Alphabet (Google) Class A: 360,000 shares worth $87.5M.
  • Torno Capital added most to KraneShares CSI China Internet ETF in Q3 2025, an estimated $274M increase.
  • Torno Capital's biggest Q3 2025 reduction was Alpha Architect 1-3 Month Box ETF, cutting an estimated $1.32M.
  • Torno Capital fully exited State Street SPDR S&P 500 ETF Trust in Q3 2025, selling an estimated $14.2M.
  • Torno Capital's ten largest holdings make up 83% of its $2.29B portfolio in Q3 2025.
  • Torno Capital opened 54 new positions and closed 34 in Q3 2025.
  • Torno Capital's portfolio value rose 142% quarter-over-quarter to $2.29B.

Based on Torno Capital's 13F filing for Q3 2025, filed 14 Nov 2025.