1y return+3.0%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2025: $128 against $133 in the S&P 500.2
Capital Impact Advisors, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $205.9M | 11.5% | +825.6% |
| ALABAstera Labs Inc | $168.4M | 9.4% | New |
| GOOGLAlphabet Inc | $141.8M | 8.0% | +1164.5% |
| METAMeta Platforms Inc | $97.1M | 5.4% | +516.1% |
| APPApplovin Corp | $85.9M | 4.8% | +715.1% |
| NTRANatera Inc | $80.4M | 4.5% | +640.0% |
| HOODRobinhood Mkts Inc | $77.3M | 4.3% | +675.1% |
| VEEVVeeva Sys Inc | $68.8M | 3.9% | +855.5% |
| RDDTReddit Inc | $60.4M | 3.4% | +744.7% |
| AFRMAffirm Hldgs Inc | $57.4M | 3.2% | +540.5% |
| AXONAxon Enterprise Inc | $56.6M | 3.2% | +529.0% |
| RKLBRocket Lab Corp | $54.3M | 3.0% | +350.7% |
| ANETArista Networks Inc | $50.3M | 2.8% | +192.5% |
| MDBMongodb Inc | $49.7M | 2.8% | +546.5% |
| ROKURoku Inc | $47.0M | 2.6% | +502.1% |
| TEMTempus Ai Inc | $44.6M | 2.5% | New |
| DASHDoordash Inc | $44.4M | 2.5% | +352.6% |
| EXELExelixis Inc | $41.1M | 2.3% | +340.1% |
| VIRTVirtu Finl Inc | $40.4M | 2.3% | New |
| DKNGDraftkings Inc New | $39.2M | 2.2% | New |
| MPWRMonolithic Pwr Sys Inc | $38.4M | 2.2% | New |
| TOSTToast Inc | $37.2M | 2.1% | +461.7% |
| MEDPMedpace Hldgs Inc | $36.2M | 2.0% | +384.4% |
| TSLATesla Inc | $35.5M | 2.0% | +252.7% |
| PEGAPegasystems Inc | $34.0M | 1.9% | +800.6% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| HOODRobinhood Mkts Inc | March 31, 2025 | +140.9% | $77.3M |
| ANETArista Networks Inc | March 31, 2025 | +119.3% | $50.3M |
| RKLBRocket Lab Corp | September 30, 2025 | +112.2% | $54.3M |
| APPApplovin Corp | March 31, 2025 | +94.4% | $85.9M |
| NTRANatera Inc | March 31, 2025 | +92.0% | $80.4M |
| NVDANvidia Corporation | March 31, 2025 | +84.6% | $205.9M |
| MEDPMedpace Hldgs Inc | March 31, 2025 | +73.8% | $36.2M |
| UIUbiquiti Inc | March 31, 2025 | +72.2% | $20.0M |
| TSLATesla Inc | March 31, 2025 | +62.3% | $35.5M |
| EXELExelixis Inc | March 31, 2025 | +47.4% | $41.1M |
Sold off last quarter
- IBKRInteractive Brokers Gro Cl A was $11.2M
- ORCLOracle Corp was $8.0M
- ZSZscaler Inc was $6.2M
- COINCoinbase Global Inc Class A was $5.3M
- TTDTrade Deskinc/the Class A was $5.1M
- PATHUipath Incclass A was $4.8M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +12.9% | +14.8% |
| March 31, 2026 | −16.7% | −4.6% |
| December 31, 2025 | −4.5% | +2.4% |
| September 30, 2025 | +14.8% | +7.8% |
| June 30, 2025 | +24.2% | +10.5% |
| December 31, 2024 | +11.6% | +2.1% |
| September 30, 2024 | +0.9% | +5.4% |
| June 30, 2024 | −5.8% | +4.0% |
| March 31, 2024 | −2.7% | +10.0% |
| December 31, 2023 | +12.3% | +11.2% |
| September 30, 2023 | −10.9% | −3.6% |
| June 30, 2023 | +8.7% | +8.3% |
| March 31, 2023 | +10.3% | +7.0% |
| December 31, 2022 | +0.2% | +7.1% |
| September 30, 2022 | +0.4% | −5.3% |
| June 30, 2022 | −20.3% | −16.5% |
| March 31, 2022 | −12.2% | −4.9% |
| December 31, 2021 | +1.0% | +10.7% |
| September 30, 2021 | −6.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Capital Impact Advisors, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1602198&type=13F-HR&dateb=&owner=include&count=40CIK 1602198
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1602198/000117266126003167/Filed August 7, 2026 · accession 0001172661-26-003167