TRAN CAPITAL MANAGEMENT, L.P.
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ARM HOLDINGS PLC | ARM | $85.6M | 241,540 | +4.19pp | 3q | -11.5%-$11.1M | |
| PALO ALTO NETWORKS INC | PANW | $69.2M | 203,058 | +3.49pp | 26q | HELD | |
| NVIDIA CORPORATION | NVDA | $58.3M | 291,411 | +0.38pp | 9q | +10.2%+$5.4M | |
| AMAZON COM INC | AMZN | $41.9M | 175,984 | -0.24pp | 22q | -0.8%-$324.1K | |
| ALPHABET INC | GOOGL | $38.4M | 107,489 | +0.13pp | 31q | -1.0%-$398.8K | |
| FERGUSON ENTERPRISES INC | FERG | $38.2M | 160,769 | -0.83pp | 8q | -1.4%-$544.0K | |
| GE VERNOVA INC | GEV | $35.5M | 30,201 | +0.34pp | 6q | -3.3%-$1.2M | |
| DANAHER CORP DEL | DHR | $35.4M | 186,081 | -0.48pp | 31q | +6.2%+$2.1M | |
| MICROSOFT CORP | MSFT | $34.7M | 92,904 | -0.79pp | 26q | -1.2%-$420.8K | |
| TALEN ENERGY CORP | TLN | $34.4M | 89,430 | -0.02pp | 8q | -1.4%-$492.6K | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $32.8M | 68,614 | +0.52pp | 10q | -2.0%-$658.6K | |
| PHILLIPS 66 | PSX | $32.0M | 189,102 | -1.07pp | 2q | HELD | |
| INTERNATIONAL FLAVORS&FRAGRA | IFF | $25.9M | 327,392 | -0.27pp | 3q | HELD | |
| MARTIN MARIETTA MATLS INC | MLM | $24.8M | 43,072 | -0.69pp | 31q | -1.9%-$471.2K | |
| META PLATFORMS INC | META | $23.6M | 41,933 | -0.90pp | 15q | -9.0%-$2.3M | |
| TYLER TECHNOLOGIES INC | TYL | $22.6M | 77,442 | -0.24pp | 2q | +28.0%+$5.0M | |
| CROCS INC | CROX | $19.2M | 158,885 | - | new | NEW | |
| ELEMENTAL RTY CORP | ELE | $18.3M | 1,049,124 | -0.49pp | 2q | +4.6%+$805.0K | |
| ATI INC | ATI | $17.7M | 89,993 | +0.23pp | 4q | -1.0%-$171.3K | |
| NETFLIX INC | NFLX | $15.8M | 221,959 | -2.12pp | 6q | -25.6%-$5.5M | |
| BWX TECHNOLOGIES INC | BWXT | $15.3M | 78,531 | -0.78pp | 3q | -13.2%-$2.3M | |
| WESCO INTL INC | WCC | $15.2M | 43,911 | +0.08pp | 3q | -0.8%-$127.1K | |
| MICRON TECHNOLOGY INC | MU | $14.1M | 12,221 | - | new | NEW | |
| PROGRESSIVE CORP | PGR | $13.9M | 63,698 | -0.44pp | 16q | -15.1%-$2.5M | |
| CF INDUSTRIES HOLD | CF | $13.4M | 123,491 | - | new | NEW | |
| AERCAP HOLDINGS NV | AER | $10.8M | 74,360 | -0.15pp | 23q | HELD | |
| ALCON AG | ALC | $9.9M | 147,625 | - | new | NEW | |
| TENET HEALTHCARE CORP | THC | $9.6M | 51,427 | +0.27pp | 5q | +58.6%+$3.6M | |
| LPL FINL HLDGS INC | LPLA | $7.9M | 28,177 | +0.84pp | 5q | +1424.7%+$7.4M | |
| QXO INC | QXO | $6.7M | 386,211 | +0.73pp | 4q | +2575.7%+$6.4M | |
| TEXAS PACIFIC LAND CORPORATI | TPL | $6.4M | 14,641 | -0.19pp | 2q | +2.4%+$151.9K | |
| CLOUDFLARE INC | NET | $4.1M | 16,841 | - | new | NEW | |
| REDWOOD TRUST INC | RWT | $3.0M | 628,267 | -0.20pp | 3q | -11.0%-$369.3K | |
| SCHWAB STRATEGIC TR | SCHR | $2.7M | 109,300 | -0.08pp | 31q | -4.9%-$137.6K | |
| SCHWAB STRATEGIC TR | SCHP | $2.6M | 99,399 | -0.08pp | 31q | -5.0%-$138.7K | |
| ISHARES TR | PFF | $2.6M | 86,278 | -0.08pp | 31q | -5.1%-$140.0K | |
| VANGUARD SCOTTSDALE FDS | VMBS | $2.5M | 54,362 | -0.08pp | 31q | -5.2%-$139.7K | |
| APPLE INC | AAPL | $2.4M | 8,201 | -0.03pp | 13q | -5.7%-$144.7K | |
| ADVANCED MICRO DEVICES INC | AMD | $1.8M | 3,013 | +0.09pp | 9q | -22.2%-$500.2K | |
| EXTRA SPACE STORAGE INC | EXR | $1.7M | 11,910 | -0.02pp | 18q | HELD | |
| KEYSIGHT TECHNOLOGIES INC | KEYS | $1.7M | 4,875 | -0.01pp | 31q | -9.3%-$175.0K | |
| FAIR ISAAC CORP | FICO | $1.5M | 1,229 | -0.01pp | 9q | HELD | |
| GRACO INC | GGG | $1.3M | 17,250 | -0.06pp | 29q | -4.4%-$60.5K | |
| TESLA INC | TSLA | $1.3M | 3,030 | -0.01pp | 9q | -4.2%-$56.4K | |
| STATE STR SPDR S&P 500 ETF T | SPY | $1.2M | 1,601 | flat | 17q | +1.1%+$13.4K | |
| BLOOM ENERGY CORP | BE | $1.0M | 3,379 | +0.05pp | 2q | -0.8%-$8.2K | |
| SCHWAB CHARLES CORP | SCHW | $949.9K | 10,295 | -0.05pp | 12q | -17.2%-$197.5K | |
| AFLAC INC | AFL | $938.0K | 8,000 | -0.01pp | 18q | HELD | |
| ISHARES TR | EEM | $853.4K | 12,475 | flat | 10q | HELD | |
| AIR PRODUCTS AND CHEMICALS I | APD | $686.9K | 2,343 | -1.08pp | 2q | -92.0%-$7.9M | |
| ISHARES TR | IWM | $648.7K | 2,159 | flat | 10q | HELD | |
| TEXAS INSTRS INC | TXN | $596.1K | 2,000 | -0.03pp | 18q | -47.0%-$529.4K | |
| VERTIV HOLDINGS CO | VRT | $546.4K | 1,632 | +0.01pp | 3q | HELD | |
| INVESCO EXCHANGE TRADED FD T | RSP | $544.7K | 2,560 | flat | 10q | HELD | |
| ISHARES TR | IEFA | $468.9K | 4,855 | -0.01pp | 10q | HELD | |
| ISHARES TR | IEF | $400.0K | 4,230 | flat | 9q | +22.6%+$73.8K | |
| AMERICAN HEALTHCARE REIT INC | AHR | $383.3K | 7,350 | flat | 7q | HELD | |
| T-MOBILE US INC | TMUS | $377.1K | 2,248 | -0.11pp | 14q | -58.0%-$521.0K | |
| BROWN FORMAN CORP | BFB | $308.5K | 11,575 | -0.01pp | 29q | HELD | |
| BIO-TECHNE CORP | TECH | $282.6K | 4,000 | flat | 18q | HELD | |
| SHERWIN WILLIAMS CO | SHW | $277.5K | 806 | flat | 25q | HELD | |
| ELI LILLY & CO | LLY | $275.9K | 230 | -0.11pp | 8q | -79.6%-$1.1M | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $250.2K | 500 | flat | 9q | HELD | |
| JPMORGAN CHASE & CO | JPM | $250.1K | 764 | flat | 5q | HELD | |
| AXON ENTERPRISE INC | AXON | $242.7K | 433 | - | new | NEW | |
| INVESCO QQQ TR | QQQ | $235.6K | 320 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Semiconductors & Electronics | $230.2M | 26.5% |
| Software & IT Services | $123.5M | 14.2% |
| Computer Hardware | $71.6M | 8.2% |
| Mining & Metals | $60.9M | 7.0% |
| Wholesale & Distribution | $60.0M | 6.9% |
| Chemicals | $59.2M | 6.8% |
| Retail & Consumer | $42.2M | 4.9% |
| Instruments & Controls | $37.2M | 4.3% |
| Utilities | $34.4M | 4.0% |
| Energy | $32.0M | 3.7% |
| Industrials | $16.8M | 1.9% |
| Telecom & Media | $16.2M | 1.9% |
| Other sectors | $71.1M | 8.2% |
| Not classified | $13.4M | 1.5% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $868.7M | 66 | 7 | 10 | 31 | 12 | 54.3% | 15 |
| Q1 2026 | $728.3M | 71 | 8 | 14 | 23 | 10 | 49.1% | 14 |
| Q4 2025 | $834.9M | 73 | 7 | 18 | 23 | 5 | 55.6% | 20 |
| Q3 2025 | $836.6M | 71 | 6 | 4 | 34 | 3 | 56.8% | 23 |
| Q2 2025 | $849.6M | 68 | 6 | 8 | 27 | 3 | 56.1% | 14 |
| Q1 2025 | $743.3M | 65 | 4 | 9 | 30 | 2 | 54.2% | 15 |
| Q4 2024 | $881.9M | 63 | 4 | 8 | 31 | 2 | 57.2% | 21 |
| Q3 2024 | $928.5M | 61 | 12 | 8 | 27 | 2 | 55.3% | 15 |
| Q2 2024 | $862.0M | 51 | 8 | 12 | 18 | 4 | 58.6% | 17 |
| Q1 2024 | $898.2M | 47 | 8 | 11 | 21 | 3 | 55.5% | 19 |
| Q4 2023 | $858.6M | 42 | 1 | 12 | 17 | 0 | 54.1% | 17 |
| Q3 2023 | $776.8M | 41 | 3 | 4 | 22 | 2 | 57.9% | 13 |
| Q2 2023 | $847.4M | 40 | 3 | 9 | 18 | 2 | 56.1% | 13 |
| Q1 2023 | $802.2M | 39 | 5 | 14 | 12 | 6 | 56.5% | 18 |
| Q4 2022 | $790.7M | 40 | 4 | 7 | 21 | 0 | 61.8% | 32 |
| Q3 2022 | $781.5M | 36 | 2 | 11 | 10 | 5 | 62.2% | 14 |
| Q2 2022 | $875.1M | 39 | 2 | 13 | 14 | 17 | 60.7% | 27 |
| Q1 2022 | $1.1B | 54 | 6 | 19 | 17 | 2 | 55.1% | 28 |
| Q4 2021 | $1.3B | 50 | 5 | 6 | 22 | 1 | 54.6% | 25 |
| Q3 2021 | $1.2B | 46 | 1 | 15 | 15 | 0 | 53.7% | 18 |
| Q2 2021 | $1.2B | 45 | 1 | 10 | 14 | 2 | 52.0% | 16 |
| Q1 2021 | $1.1B | 46 | 4 | 18 | 20 | 12 | 51.9% | 26 |
| Q4 2020 | $1.1B | 54 | 4 | 21 | 19 | 15 | 48.7% | 26 |
| Q3 2020 | $928.9M | 65 | 6 | 18 | 31 | 4 | 48.4% | 40 |
| Q2 2020 | $863.8M | 63 | 11 | 18 | 28 | 11 | 42.5% | 43 |
| Q1 2020 | $686.0M | 63 | 10 | 19 | 29 | 14 | 39.7% | 43 |
| Q4 2019 | $864.0M | 67 | 12 | 17 | 29 | 4 | 39.8% | 45 |
| Q3 2019 | $808.6M | 59 | 6 | 9 | 27 | 8 | 42.3% | 44 |
| Q2 2019 | $802.6M | 61 | 29 | 5 | 18 | 3 | 43.5% | 43 |
| Q1 2019 | $590.3M | 35 | 3 | 4 | 20 | 10 | 56.5% | 45 |
| Q4 2018 | $575.8M | 42 | 0 | 0 | 0 | 0 | 59.7% | 45 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.