Q4 2025 · 13F-HR
Nishkama Capital, LLCholdings as filed
Filed 2026-02-17 · accession 0001633799-26-000004
$2.49B
Reported value
61
Positions
2025-12-31
Period end
The Brief · Nishkama Capital, LLC · Q4 2025
AI · grounded in 13F
Nishkama Capital, LLC closed its position in AAPL, reducing its exposure by $140.6M. The fund established a new position in GLD worth $97.1M and exited holdings in C and AXP. Additionally, the fund increased its stake in BABA by 426% and NVDA by 266.7%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $696.4M | 27.9% | 1,021,200 | PUT | SOLE |
| 464287655 | IWM | ISHARES TR | $328.9M | 13.2% | 1,336,000 | PUT | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $280.7M | 11.3% | 457,000 | PUT | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $107.4M | 4.31% | 576,000 | CALL | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $97.1M | 3.89% | 245,000 | PUT | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $74.1M | 2.97% | 321,029 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $56.9M | 2.28% | 117,700 | CALL | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $51.0M | 2.04% | 221,000 | CALL | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $46.0M | 1.85% | 246,834 | Common | SOLE |
| 464287432 | TLT | ISHARES TR | $42.7M | 1.71% | 490,000 | PUT | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $40.3M | 1.62% | 275,000 | CALL | SOLE |
| 349381103 | FIGR | FIGURE TECHNOLOGY SOLUTIO | $30.9M | 1.24% | 755,620 | Common | SOLE |
| 29414B104 | EPAM | EPAM SYS INC | $28.4M | 1.14% | 138,806 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $27.9M | 1.12% | 91,740 | Common | SOLE |
| 337738108 | FISV | FISERV INC | $27.7M | 1.11% | 412,619 | Common | SOLE |
| 29362U104 | ENTG | ENTEGRIS INC | $27.0M | 1.08% | 320,681 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $24.3M | 0.97% | 36,068 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $24.3M | 0.97% | 36,000 | PUT | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $23.2M | 0.93% | 360,000 | PUT | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $22.6M | 0.90% | 153,870 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $21.7M | 0.87% | 83,150 | Common | SOLE |
| 91680M107 | UPST | UPSTART HLDGS INC | $21.3M | 0.85% | 487,060 | Common | SOLE |
| 093712107 | BE | BLOOM ENERGY CORP | $21.1M | 0.84% | 242,332 | Common | SOLE |
| 36165L108 | GDS | GDS HLDGS LTD | $19.5M | 0.78% | 557,312 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $18.7M | 0.75% | 311,295 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $18.6M | 0.75% | 1,112,406 | Common | SOLE |
| 98954M200 | Z | ZILLOW GROUP INC | $18.2M | 0.73% | 266,218 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $16.8M | 0.67% | 39,833 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $15.3M | 0.61% | 163,000 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $13.3M | 0.53% | 104,000 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $12.5M | 0.50% | 67,976 | Common | SOLE |
| 852234103 | XYZ | BLOCK INC | $12.2M | 0.49% | 187,590 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $12.2M | 0.49% | 629,393 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $12.2M | 0.49% | 227,062 | Common | SOLE |
| 75734B100 | RDDT | REDDIT INC | $12.1M | 0.49% | 52,803 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $12.0M | 0.48% | 74,808 | Common | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $12.0M | 0.48% | 270,770 | Common | SOLE |
| 88080T104 | WULF | TERAWULF INC | $11.7M | 0.47% | 1,019,138 | Common | SOLE |
| 93403J106 | WRBY | WARBY PARKER INC | $10.5M | 0.42% | 481,094 | Common | SOLE |
| 882508104 | TXN | TEXAS INSTRS INC | $9.8M | 0.39% | 56,396 | Common | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $9.5M | 0.38% | 205,722 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $9.3M | 0.37% | 32,600 | Common | SOLE |
| 82489W107 | SHLS | SHOALS TECHNOLOGIES GROUP IN | $9.2M | 0.37% | 1,086,479 | Common | SOLE |
| 53115L104 | LBRT | LIBERTY ENERGY INC | $9.1M | 0.37% | 494,991 | Common | SOLE |
| 90138F102 | TWLO | TWILIO INC | $9.1M | 0.37% | 64,116 | Common | SOLE |
| G4124C109 | GRAB | GRAB HOLDINGS LIMITED | $8.9M | 0.36% | 1,782,744 | Common | SOLE |
| 00510N102 | TIC | TIC SOLUTIONS INC | $8.5M | 0.34% | 835,935 | Common | SOLE |
| 91823B109 | UWMC | UWM HOLDINGS CORPORATION | $7.4M | 0.30% | 1,700,450 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $7.1M | 0.28% | 26,780 | Common | SOLE |
| 15101Q207 | CLS | CELESTICA INC | $6.3M | 0.25% | 21,387 | Common | SOLE |
| 15101Q207 | CLS | CELESTICA INC | $6.3M | 0.25% | 21,300 | PUT | SOLE |
| 339750101 | FND | FLOOR & DECOR HLDGS INC | $6.1M | 0.25% | 100,439 | Common | SOLE |
| 65290E101 | NXT | NEXTPOWER INC | $6.0M | 0.24% | 68,404 | Common | SOLE |
| 293594107 | ENVX | ENOVIX CORPORATION | $6.0M | 0.24% | 814,846 | Common | SOLE |
| 45245E109 | IMAX | IMAX CORP | $6.0M | 0.24% | 161,132 | Common | SOLE |
| L44385109 | GLOB | GLOBANT S A | $5.8M | 0.23% | 89,115 | Common | SOLE |
| G7997R103 | STX | SEAGATE TECHNOLOGY HLDNGS PL | $4.2M | 0.17% | 15,400 | Common | SOLE |
| 19239V302 | CCOI | COGENT COMMUNICATIONS HLDGS | $3.9M | 0.16% | 179,661 | Common | SOLE |
| G4740B105 | ICHR | ICHOR HOLDINGS | $3.1M | 0.12% | 165,625 | Common | SOLE |
| 23345M107 | DTM | DT MIDSTREAM INC | $3.0M | 0.12% | 25,165 | Common | SOLE |
| 82452J109 | FOUR | SHIFT4 PMTS INC | $803,875 | 0.03% | 12,766 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.