# CYPRESS FUNDS LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1081198. Source: https://holderbook.com/funds/1081198-cypress-funds-llc/

- Reported value: $314.1M
- Positions: 14
- Weight of the ten largest: 84.9%
- Filed: 2026-08-07

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $47.3M | 198,532 | 15.1% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $36.9M | 184,636 | 11.8% | 26 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $33.4M | 89,465 | 10.6% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $24.8M | 65,613 | 7.9% | 11 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $21.7M | 42,269 | 6.9% | 27 |
| FAIR ISAAC CORP | [FICO](https://holderbook.com/stocks/FICO/) | $21.2M | 17,726 | 6.7% | 29 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $21.2M | 56,386 | 6.7% | 11 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $20.6M | 182,196 | 6.6% | 6 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $20.1M | 15,056 | 6.4% | 8 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $19.4M | 47,588 | 6.2% | 27 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $17.6M | 31,320 | 5.6% | 10 |
| LIBERTY MEDIA CORP DEL | [FWONK](https://holderbook.com/stocks/FWONK/) | $12.9M | 135,485 | 4.1% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $10.0M | 34,692 | 3.2% | 27 |
| TYLER TECHNOLOGIES INC | [TYL](https://holderbook.com/stocks/TYL/) | $7.0M | 23,864 | 2.2% | 11 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +8.5% | +14.8% | -6.3% | 100% |
| Q1 2026 | -13.1% | -4.6% | -8.5% | 100% |
| Q4 2025 | +0.7% | +2.4% | -1.6% | 100% |
| Q3 2025 | +1.4% | +7.8% | -6.4% | 100% |
| Q2 2025 | +17.2% | +10.5% | +6.7% | 100% |
| Q1 2025 | -9.2% | -4.6% | -4.6% | 100% |
| Q4 2024 | +6.0% | +2.1% | +3.8% | 100% |
| Q3 2024 | +5.5% | +5.4% | +0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $314.1M | 14 |
| Q1 2026 | $397.6M | 14 |
| Q4 2025 | $604.7M | 14 |
| Q3 2025 | $763.2M | 15 |
| Q2 2025 | $1.2B | 16 |
| Q1 2025 | $1.5B | 17 |
| Q4 2024 | $922.4M | 15 |
| Q3 2024 | $930.5M | 15 |
| Q2 2024 | $745.2M | 13 |
| Q1 2024 | $931.8M | 14 |
| Q4 2023 | $860.6M | 15 |
| Q3 2023 | $744.3M | 14 |