THAMES CAPITAL MANAGEMENT LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| STATE STR CORP | STT | $57.2M | 337,558 | +1.62pp | 5q | +147.6%+$34.1M | |
| GE AEROSPACE | GE | $54.7M | 146,383 | +1.34pp | 12q | +135.9%+$31.5M | |
| MICRON TECHNOLOGY INC | MU | $52.4M | 45,388 | +1.27pp | 3q | -9.6%-$5.6M | |
| GE VERNOVA INC | GEV | $50.9M | 43,318 | -3.70pp | 9q | -14.0%-$8.3M | |
| VERTIV HOLDINGS CO | VRT | $40.9M | 122,240 | -4.05pp | 26q | -26.0%-$14.4M | |
| HUT 8 CORP | HUT | $40.6M | 351,973 | -0.23pp | 4q | -17.2%-$8.5M | |
| ADVANCED MICRO DEVICES INC | AMD | $38.9M | 66,972 | - | new | NEW | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $36.8M | 77,008 | -1.63pp | 8q | HELD | |
| NEBIUS GROUP N.V. | NBIS | $36.7M | 132,768 | - | new | NEW | |
| MKS INC. | MKSI | $35.3M | 79,395 | +0.12pp | 2q | +17.3%+$5.2M | |
| NOKIA CORP | NOK | $33.9M | 2,550,584 | - | new | NEW | |
| SANDISK CORP | SNDK | $33.7M | 14,808 | +0.19pp | 3q | -34.6%-$17.8M | |
| RIOT PLATFORMS INC | RIOT | $32.9M | 1,201,609 | - | new | NEW | |
| INTEL CORP | INTC | $31.2M | 223,725 | - | new | NEW | |
| KLA CORP | KLAC | $28.6M | 94,720 | - | new | NEW | |
| ASTERA LABS INC | ALAB | $27.9M | 57,733 | - | new | NEW | |
| TERAWULF INC | WULF | $26.9M | 1,090,203 | +0.18pp | 5q | +38.7%+$7.5M | |
| NORTHERN TR CORP | NTRS | $26.2M | 150,619 | - | new | NEW | |
| ADVANCED ENERGY INDS | AEIS | $26.2M | 70,220 | -0.06pp | 2q | +83.5%+$11.9M | |
| AMPHENOL CORP | APH | $25.1M | 142,139 | -1.24pp | 28q | -2.4%-$623.5K | |
| FLEX LTD | FLEX | $24.2M | 149,474 | - | new | NEW | |
| NVIDIA CORPORATION | NVDA | $23.2M | 116,169 | -1.72pp | 13q | HELD | |
| BROADCOM INC | AVGO | $22.8M | 60,391 | - | new | NEW | |
| FORGENT POWER SOLUTIONS INC | FPS | $22.3M | 398,912 | - | new | NEW | |
| CITIGROUP INC | C | $21.4M | 153,039 | - | new | NEW | |
| KEEL INFRASTRUCTURE CORP | KEEL | $20.8M | 3,622,886 | - | new | NEW | |
| APPLIED MATLS INC | AMAT | $20.3M | 28,138 | - | new | NEW | |
| COHERENT CORP | COHR | $18.1M | 45,883 | -0.84pp | 3q | -15.9%-$3.4M | |
| APPLE INC | AAPL | $17.9M | 61,806 | -1.34pp | 26q | HELD | |
| MASTERCARD INCORPORATED | MA | $17.8M | 34,663 | -1.64pp | 31q | HELD | |
| SILICON MOTION TECHNOLOGY CO | SIMO | $17.6M | 52,823 | +0.52pp | 2q | +14.0%+$2.2M | |
| VARONIS SYS INC | VRNS | $16.0M | 381,281 | - | new | NEW | |
| VISA INC | V | $15.7M | 45,662 | -1.19pp | 31q | HELD | |
| ARGAN INC | AGX | $15.6M | 19,514 | -2.28pp | 4q | -46.5%-$13.5M | |
| AMKOR TECHNOLOGY INC | AMKR | $15.3M | 177,301 | - | new | NEW | |
| FABRINET | FN | $14.7M | 26,114 | -2.03pp | 2q | -24.5%-$4.8M | |
| CIPHER DIGITAL INC | CIFR | $14.6M | 595,538 | - | new | NEW | |
| ARTERIS INC | AIP | $14.3M | 293,973 | +0.31pp | 12q | HELD | |
| PENGUIN SOLUTIONS INC | PENG | $14.1M | 185,128 | - | new | NEW | |
| META PLATFORMS INC | META | $14.0M | 24,794 | -1.39pp | 13q | HELD | |
| BROOKDALE SR LIVING INC | BKD | $12.2M | 757,710 | -0.86pp | 3q | HELD | |
| JABIL INC | JBL | $12.1M | 31,457 | +0.57pp | 2q | +254.6%+$8.7M | |
| APPLIED DIGITAL CORP | APLD | $10.7M | 288,167 | - | new | NEW | |
| LAM RESEARCH CORP | LRCX | $9.7M | 22,365 | - | new | NEW | |
| COMFORT SYS USA INC | FIX | $9.0M | 4,561 | -1.76pp | 4q | -54.9%-$11.0M | |
| STERLING INFRASTRUCTURE INC | STRL | $7.6M | 9,002 | -0.52pp | 2q | -42.5%-$5.6M | |
| CELESTICA INC | CLS | $7.2M | 19,655 | -0.40pp | 4q | HELD | |
| LUMENTUM HLDGS INC | LITE | $7.1M | 8,324 | -0.96pp | 2q | -32.1%-$3.4M | |
| MACOM TECH SOLUTIONS HLDGS I | MTSI | $6.8M | 17,960 | -0.15pp | 2q | HELD | |
| AMAZON COM INC | AMZN | $6.7M | 28,290 | - | new | NEW | |
| THERMO FISHER SCIENTIFIC INC | TMO | $6.6M | 13,202 | -0.62pp | 30q | HELD | |
| CANTOR EQUITY PARTNERS I INC | CEPO | $4.9M | 362,904 | - | new | NEW | |
| IREN LIMITED | IREN | $4.6M | 99,516 | -0.48pp | 2q | -28.1%-$1.8M | |
| LATTICE SEMICONDUCTOR CORP | LSCC | $4.5M | 29,530 | - | new | NEW | |
| QUANTUMSCAPE CORP | QS | $4.3M | 574,028 | -0.07pp | 5q | +55.3%+$1.5M | |
| ANALOG DEVICES INC | ADI | $4.2M | 10,576 | - | 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 | $654.0M | 53.8% |
| Banks & Lending | $245.3M | 20.2% |
| Instruments & Controls | $88.6M | 7.3% |
| Software & IT Services | $77.4M | 6.4% |
| Computer Hardware | $51.6M | 4.2% |
| Business Services | $33.5M | 2.8% |
| Construction & Building | $32.2M | 2.6% |
| Other sectors | $33.5M | 2.8% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $1.2B | 56 | 24 | 8 | 13 | 11 | 36.6% | 43 |
| Q1 2026 | $557.9M | 43 | 13 | 4 | 15 | 18 | 43.5% | 42 |
| Q4 2025 | $687.8M | 48 | 12 | 12 | 8 | 22 | 39.7% | 41 |
| Q3 2025 | $700.8M | 58 | 26 | 8 | 7 | 11 | 33.0% | 28 |
| Q2 2025 | $441.4M | 43 | 21 | 4 | 3 | 6 | 43.7% | 42 |
| Q1 2025 | $260.4M | 28 | 5 | 3 | 12 | 14 | 58.7% | 43 |
| Q4 2024 | $368.9M | 37 | 10 | 9 | 3 | 11 | 48.8% | 44 |
| Q3 2024 | $321.0M | 38 | 17 | 9 | 4 | 4 | 49.7% | 45 |
| Q2 2024 | $255.4M | 25 | 4 | 7 | 5 | 3 | 59.2% | 44 |
| Q1 2024 | $240.3M | 24 | 5 | 8 | 8 | 5 | 61.5% | 44 |
| Q4 2023 | $194.1M | 24 | 5 | 6 | 3 | 6 | 69.4% | 45 |
| Q3 2023 | $175.0M | 25 | 7 | 2 | 5 | 6 | 61.6% | 45 |
| Q2 2023 | $187.7M | 24 | 6 | 5 | 1 | 1 | 65.7% | 42 |
| Q1 2023 | $142.1M | 19 | 7 | 0 | 7 | 12 | 75.4% | 41 |
| Q4 2022 | $210.6M | 24 | 5 | 5 | 1 | 8 | 73.0% | 45 |
| Q3 2022 | $201.5M | 27 | 7 | 8 | 7 | 4 | 72.5% | 45 |
| Q2 2022 | $249.0M | 24 | 8 | 1 | 6 | 28 | 63.8% | 42 |
| Q1 2022 | $474.1M | 44 | 8 | 15 | 2 | 15 | 42.0% | 41 |
| Q4 2021 | $522.2M | 51 | 11 | 8 | 8 | 9 | 41.8% | 45 |
| Q3 2021 | $458.5M | 49 | 13 | 9 | 10 | 13 | 42.0% | 43 |
| Q2 2021 | $426.4M | 49 | 12 | 10 | 6 | 18 | 38.8% | 44 |
| Q1 2021 | $433.6M | 55 | 13 | 12 | 2 | 11 | 34.0% | 43 |
| Q4 2020 | $355.6M | 53 | 16 | 8 | 6 | 7 | 41.2% | 43 |
| Q3 2020 | $283.5M | 44 | 14 | 9 | 4 | 15 | 47.7% | 44 |
| Q2 2020 | $254.9M | 45 | 19 | 13 | 1 | 3 | 48.9% | 43 |
| Q1 2020 | $127.5M | 29 | 9 | 3 | 12 | 22 | 72.4% | 43 |
| Q4 2019 | $301.6M | 42 | 22 | 5 | 12 | 14 | 43.5% | 44 |
| Q3 2019 | $335.9M | 34 | 18 | 3 | 11 | 11 | 42.7% | 44 |
| Q2 2019 | $353.5M | 27 | 4 | 9 | 1 | 7 | 48.5% | 45 |
| Q1 2019 | $355.2M | 30 | 11 | 7 | 3 | 5 | 43.2% | 45 |
| Q4 2018 | $237.4M | 24 | 0 | 0 | 0 | 0 | 53.8% | 44 |
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.