Q4 2025 · 13F-HR
Panoramic Capital, LLCholdings as filed
Filed 2026-02-17 · accession 0001950490-26-000002
$186.3M
Reported value
39
Positions
2025-12-31
Period end
The Brief · Panoramic Capital, LLC · Q4 2025
AI · grounded in 13F
Panoramic Capital, LLC closed its position in SPY, reducing exposure by $43.1M. The fund also exited positions in META and AAPL, totaling over $20M in sales. New capital was deployed into BIRK with a $4.5M investment and C at $4.3M. Additionally, the fund increased its share count in NVDA by 207.3%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 55024U109 | LITE | LUMENTUM HLDGS INC | $18.9M | 10.2% | 51,386 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $18.3M | 9.82% | 98,086 | Common | SOLE |
| G7997R103 | STX | SEAGATE TECHNOLOGY HLDNGS PL | $14.8M | 7.96% | 53,876 | Common | SOLE |
| 94419L101 | W | WAYFAIR INC | $9.4M | 5.05% | 93,727 | Common | SOLE |
| 33829M101 | FIVE | FIVE BELOW INC | $9.4M | 5.03% | 49,798 | Common | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $9.2M | 4.95% | 25,000 | PUT | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $8.4M | 4.49% | 36,251 | Common | SOLE |
| 40637H109 | HALO | HALOZYME THERAPEUTICS INC | $8.2M | 4.42% | 122,416 | Common | SOLE |
| 607828100 | MOD | MODINE MFG CO | $6.8M | 3.67% | 51,240 | Common | SOLE |
| 099406100 | BOOT | BOOT BARN HLDGS INC | $6.0M | 3.23% | 34,104 | Common | SOLE |
| 90138F102 | TWLO | TWILIO INC | $5.8M | 3.11% | 40,689 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $5.6M | 3.03% | 18,000 | Common | SOLE |
| M2029K104 | BIRK | BIRKENSTOCK HOLDING PLC | $4.5M | 2.41% | 110,000 | Common | SOLE |
| 833445109 | SNOW | SNOWFLAKE INC | $4.5M | 2.41% | 20,501 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $4.3M | 2.33% | 34,748 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $4.3M | 2.31% | 36,818 | Common | SOLE |
| 10576N102 | BRZE | BRAZE INC | $4.3M | 2.29% | 124,652 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $3.5M | 1.89% | 3,281 | Common | SOLE |
| 00827B106 | AFRM | AFFIRM HLDGS INC | $3.4M | 1.81% | 45,377 | Common | SOLE |
| 70614W100 | PTON | PELOTON INTERACTIVE INC | $3.1M | 1.66% | 501,629 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $3.1M | 1.65% | 32,700 | Common | SOLE |
| 610236101 | MNRO | MONRO INC | $2.9M | 1.55% | 143,663 | Common | SOLE |
| 125141101 | CECO | CECO ENVIRONMENTAL CORP | $2.8M | 1.50% | 46,566 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $2.7M | 1.45% | 10,364 | Common | SOLE |
| 778296103 | ROST | ROSS STORES INC | $2.7M | 1.45% | 15,000 | Common | SOLE |
| G4766E116 | INDV | INDIVIOR PLC | $2.7M | 1.44% | 75,035 | Common | SOLE |
| 651718504 | NPKI | NPK INTERNATIONAL INC | $2.4M | 1.30% | 202,754 | Common | SOLE |
| 185123106 | CWAN | CLEARWATER ANALYTICS HLDGS I | $2.4M | 1.29% | 100,000 | CALL | SOLE |
| 09352U108 | BLND | BLEND LABS INC | $2.1M | 1.14% | 697,689 | Common | SOLE |
| 59356Q108 | MIAX | MIAMI INTL HLDGS INC | $2.0M | 1.10% | 46,087 | Common | SOLE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $1.9M | 0.99% | 50,000 | Common | SOLE |
| N97284108 | NBIS | NEBIUS GROUP N.V. | $1.5M | 0.83% | 18,500 | Common | SOLE |
| B5950S113 | MDXH | MDXHEALTH SA | $852,045 | 0.46% | 238,668 | Common | SOLE |
| 30049H102 | EVLV | EVOLV TECHNOLOGIES HLDNGS IN | $777,712 | 0.42% | 108,619 | Common | SOLE |
| 64134X201 | NRXS | NEURAXIS INC | $749,100 | 0.40% | 165,000 | Common | SOLE |
| 16935C109 | CHYM | CHIME FINL INC | $629,250 | 0.34% | 25,000 | Common | SOLE |
| 74587B101 | PLSE | PULSE BIOSCIENCES INC | $522,481 | 0.28% | 38,054 | Common | SOLE |
| 532275104 | LWLG | LIGHTWAVE LOGIC INC | $486,000 | 0.26% | 150,000 | Common | SOLE |
| 093712107 | BE | BLOOM ENERGY CORP | $217,225 | 0.12% | 2,500 | 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.