1y return+15.9%S&P 500 +20.9%
3y return+64.3%S&P 500 +68.5%
5y return+37.3%S&P 500 +74.5%
10y return+224.1%S&P 500 +256.5%
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 June 30, 2016: $324 against $357 in the S&P 500.2
Tran Capital Management, L.P.S&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 |
|---|---|---|---|
| ARMArm Holdings PLC Sponsored Adr | $85.6M | 9.9% | −11.5% |
| PANWPalo Alto Networks Inc | $69.2M | 8.0% | |
| NVDANvidia Corp | $58.3M | 6.7% | +10.2% |
| AMZNAmazon Com Inc | $41.9M | 4.8% | |
| GOOGLAlphabet Inc Cap Stk Cl A | $38.4M | 4.4% | −1.0% |
| FERGFerguson Enterprises Inc Com | $38.2M | 4.4% | −1.4% |
| GEVGe Vernova LLC | $35.5M | 4.1% | −3.3% |
| DHRDanaher Corp Del | $35.4M | 4.1% | +6.2% |
| MSFTMicrosoft Corp | $34.7M | 4.0% | −1.2% |
| TLNTalen Energy Corp | $34.4M | 4.0% | −1.4% |
| TSMTaiwan Semiconductor Mfg Ltd | $32.8M | 3.8% | −2.0% |
| PSXPhillips 66 | $32.0M | 3.7% | |
| IFFInternational Flavorsandfragra | $25.9M | 3.0% | |
| MLMMartin Marietta Matls Inc | $24.8M | 2.9% | −1.9% |
| METAMeta Platforms Inc Cl A | $23.6M | 2.7% | −9.0% |
| TYLTyler Technologies Inc | $22.6M | 2.6% | +28.0% |
| CROXCrocs Inc | $19.2M | 2.2% | New |
| ELEElemental Rty Corp | $18.3M | 2.1% | +4.6% |
| ATIAllegheny Technologies Inc | $17.7M | 2.0% | |
| NFLXNetflix Com Inc | $15.8M | 1.8% | −25.6% |
| BWXTBwx Technologies Inc | $15.3M | 1.8% | −13.2% |
| WCCWesco Intl Inc | $15.2M | 1.7% | |
| MUMicron Technology Inc | $14.1M | 1.6% | New |
| PGRProgressive Corp Ohio | $13.9M | 1.6% | −15.1% |
| CFCf Inds Hldgs Inc | $13.4M | 1.5% | New |
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 |
|---|---|---|---|
| PANWPalo Alto Networks Inc | June 30, 2020 | +790.9% | $69.2M |
| GOOGLAlphabet Inc Cap Stk Cl A | June 30, 2020 | +404.0% | $38.4M |
| METAMeta Platforms Inc Cl A | December 31, 2022 | +368.1% | $23.6M |
| GEVGe Vernova LLC | March 31, 2025 | +284.8% | $35.5M |
| AMDAdvanced Micro Devices Inc | June 30, 2024 | +258.1% | $1.8M |
| TSMTaiwan Semiconductor Mfg Ltd | March 31, 2024 | +251.0% | $32.8M |
| ARMArm Holdings PLC Sponsored Adr | December 31, 2025 | +224.4% | $85.6M |
| Aercap Holdings NvCUSIP N00985106 | December 31, 2020 | +219.8% | $10.8M |
| MLMMartin Marietta Matls Inc | June 30, 2020 | +179.2% | $24.8M |
| ATIAllegheny Technologies Inc | September 30, 2025 | +142.3% | $17.7M |
Sold off last quarter
- INTUIntuit was $19.3M
- VGVenture Global Inc Com Cl A was $11.4M
- MKLMarkel Group Inc Com was $7.0M
- SPSCSps Comm Inc was $5.0M
- LHXL3harris Technologies Inc Com was $1.2M
- ENTGEntegris Inc was $830K
- ADPAutomatic Data Processing In was $798K
- PAYXPaychex Inc was $727K
- AVTRAvantor Inc Com was $681K
- CSCOCisco Sys Inc was $660K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +17.5% | +14.8% |
| March 31, 2026 | −7.4% | −4.6% |
| December 31, 2025 | −0.1% | +2.4% |
| September 30, 2025 | +6.7% | +7.8% |
| June 30, 2025 | +20.0% | +10.5% |
| March 31, 2025 | −6.2% | −4.6% |
| December 31, 2024 | +0.7% | +2.1% |
| September 30, 2024 | +3.7% | +5.4% |
| June 30, 2024 | −1.1% | +4.0% |
| March 31, 2024 | +10.5% | +10.0% |
| December 31, 2023 | +14.7% | +11.2% |
| September 30, 2023 | −3.9% | −3.6% |
| June 30, 2023 | +10.0% | +8.3% |
| March 31, 2023 | +6.3% | +7.0% |
| December 31, 2022 | +2.8% | +7.1% |
| September 30, 2022 | −10.0% | −5.3% |
| June 30, 2022 | −20.8% | −16.5% |
| March 31, 2022 | −10.6% | −4.9% |
| December 31, 2021 | +6.1% | +10.7% |
| September 30, 2021 | +2.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Tran Capital Management, L.P. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1009262&type=13F-HR&dateb=&owner=include&count=40CIK 1009262
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1009262/000110465926083830/Filed July 15, 2026 · accession 0001104659-26-083830