Munro Partners
Reported holdings as of Q2 2026, from 32 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| NVIDIA CORPORATION | NVDA | $296.8M | 1,483,301 | -3.24pp | 27q | -10.3%-$34.1M | |
| GE VERNOVA INC | GEV | $256.0M | 217,873 | -2.05pp | 9q | -16.2%-$49.4M | |
| ALPHABET INC | GOOGL | $222.9M | 623,657 | +0.66pp | 32q | +43.1%+$67.2M | |
| AMAZON COM INC | AMZN | $219.8M | 922,313 | -0.80pp | 32q | +15.4%+$29.4M | |
| APPLIED MATLS INC | AMAT | $201.4M | 278,565 | - | new | NEW | |
| QUANTA SVCS INC | PWR | $198.9M | 276,277 | +2.71pp | 16q | +207.0%+$134.1M | |
| MASTERCARD INCORPORATED | MA | $158.7M | 308,934 | +0.01pp | 32q | +49.9%+$52.8M | |
| BROADCOM INC | AVGO | $147.1M | 389,356 | -1.04pp | 11q | -4.7%-$7.2M | |
| JOHNSON CONTROLS INTERNATION | JCI | $139.5M | 954,862 | -0.51pp | 8q | +18.3%+$21.5M | |
| LUMENTUM HLDGS INC | LITE | $137.5M | 160,222 | +1.28pp | 2q | +118.3%+$74.5M | |
| FLEX LTD | FLEX | $130.4M | 804,342 | - | new | NEW | |
| HOWMET AEROSPACE INC | HWM | $130.1M | 483,932 | +0.07pp | 7q | +35.0%+$33.7M | |
| MODINE MFG CO | MOD | $118.4M | 443,360 | +1.74pp | 2q | +274.7%+$86.8M | |
| ELI LILLY & CO | LLY | $116.6M | 97,240 | -0.61pp | 3q | -4.7%-$5.8M | |
| MICRON TECHNOLOGY INC | MU | $115.4M | 99,985 | - | new | NEW | |
| GE AEROSPACE | GE | $115.4M | 308,680 | +0.35pp | 3q | +35.5%+$30.2M | |
| TKO GROUP HOLDINGS INC | TKO | $113.1M | 561,729 | -1.68pp | 7q | -8.0%-$9.9M | |
| TESLA INC OPT | TSLA | $112.9M | options only | - | new | OPTIONS | |
| LIBERTY MEDIA CORP DEL | FWONK | $105.2M | 1,106,033 | -0.76pp | 12q | +3.5%+$3.6M | |
| RTX CORPORATION | RTX | $102.8M | 541,675 | -0.67pp | 2q | +20.7%+$17.6M | |
| ADVANCED MICRO DEVICES INC | AMD | $99.8M | 171,716 | - | new | NEW | |
| WOODWARD INC | WWD | $97.9M | 230,170 | - | new | NEW | |
| WILLIAMS COS INC | WMB | $91.0M | 1,224,673 | - | new | NEW | |
| COGNEX CORP | CGNX | $75.8M | 1,046,750 | - | new | NEW | |
| ARM HOLDINGS PLC | ARM | $68.7M | 193,733 | - | new | NEW | |
| INNIO NV | INIO | $68.7M | 1,736,315 | - | new | NEW | |
| LEGENCE CORP | LGN | $66.4M | 779,617 | +0.03pp | 4q | +4.3%+$2.7M | |
| COMFORT SYS USA INC | FIX | $59.9M | 30,230 | +0.35pp | 12q | +46.0%+$18.9M | |
| LINDE PLC | LIN | $54.5M | 105,094 | +0.11pp | 15q | +61.8%+$20.8M | |
| ONTO INNOVATION INC | ONTO | $51.6M | 136,375 | - | new | NEW | |
| MARVELL TECHNOLOGY INC | MRVL | $51.1M | 171,565 | - | new | NEW | |
| ADVANCED ENERGY INDS | AEIS | $50.4M | 135,051 | - | new | NEW | |
| NEXTERA ENERGY INC | NEE | $49.1M | 559,902 | -3.78pp | 23q | -63.7%-$86.4M | |
| QUALCOMM INC OPT | QCOM | $45.9M | 110,365 | - | new | NEW | |
| CLEAN HARBORS INC | CLH | $44.7M | 149,769 | +0.59pp | 14q | +268.3%+$32.6M | |
| POWELL INDS INC | POWL | $34.2M | 119,502 | +0.48pp | 2q | +714.0%+$30.0M | |
| CAMECO CORP | CCJ | $31.2M | 306,375 | +0.08pp | 3q | +85.4%+$14.4M | |
| ULTRA CLEAN HLDGS INC | UCTT | $26.2M | 183,547 | - | new | NEW | |
| TERADYNE INC | TER | $24.4M | 50,471 | +0.38pp | 2q | +231.3%+$17.0M | |
| SOLSTICE ADVANCED MATLS INC | SOLS | $23.7M | 267,580 | +0.28pp | 2q | +182.6%+$15.3M | |
| NISOURCE INC | NI | $22.0M | 463,224 | +0.15pp | 2q | +121.1%+$12.1M | |
| LEONARDO DRS INC | DRS | $21.6M | 506,570 | -0.47pp | 6q | -19.2%-$5.1M | |
| NOVA LTD | NVMI | $20.1M | 36,962 | +0.13pp | 8q | +72.3%+$8.4M | |
| AAR CORP | AIR | $19.9M | 139,137 | flat | 3q | +16.7%+$2.8M | |
| NEXTPOWER INC | NXT | $19.7M | 165,755 | +0.17pp | 2q | +152.5%+$11.9M | |
| CIENA CORP | CIEN | $18.6M | 37,946 | -2.42pp | 4q | -82.3%-$86.8M | |
| HEICO CORP NEW | HEI | $16.3M | 45,747 | -0.09pp | 7q | -5.6%-$962.8K | |
| BROOKFIELD INFRASTRUCTURE PA | BIP | $15.6M | 428,502 | -0.53pp | 9q | -39.8%-$10.3M | |
| MYR GROUP INC | MYRG | $15.3M | 30,625 | - | new | NEW | |
| TOWER SEMICONDUCTOR LTD | TSEM | $14.7M | 56,530 | - | new | NEW | |
| SANDISK CORP | SNDK | $13.6M | 5,969 | - | new | NEW | |
| VERTIV HOLDINGS CO | VRT | $13.1M | 39,070 | -0.50pp | 11q | -58.0%-$18.1M | |
| REDDIT INC | RDDT | $12.9M | 74,339 | - | new | NEW | |
| CRH PLC | CRH | $12.1M | 113,325 | -0.39pp | 4q | -38.1%-$7.5M | |
| TARGA RES CORP | TRGP | $11.8M | 43,870 | -3.38pp | 8q | -89.8%-$103.2M | |
| BORGWARNER INC | BWA | $11.1M | 167,194 | - | new | NEW | |
| INTERACTIVE BROKERS GROUP IN | IBKR | $10.8M | 124,504 | -0.26pp | 8q | -43.2%-$8.3M | |
| UL SOLUTIONS INC | ULS | $6.5M | 64,020 | - | new | NEW | |
| VIAVI SOLUTIONS INC | VIAV | $6.2M | 129,776 | - | new | NEW | |
| ALLEGRO MICROSYSTEMS INC | ALGM | $3.5M | 49,800 | - | 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 | $1.9B | 43.0% |
| Autos & Aerospace | $403.0M | 8.9% |
| Construction & Building | $352.7M | 7.8% |
| Software & IT Services | $235.8M | 5.2% |
| Retail & Consumer | $219.8M | 4.8% |
| Telecom & Media | $218.3M | 4.8% |
| Instruments & Controls | $171.9M | 3.8% |
| Business Services | $165.2M | 3.6% |
| Mining & Metals | $161.3M | 3.6% |
| Industrials | $139.5M | 3.1% |
| Biotech & Pharma | $116.6M | 2.6% |
| Utilities | $115.9M | 2.6% |
| Other sectors | $221.1M | 4.9% |
| Not classified | $68.7M | 1.5% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $4.5B | 60 | 23 | 23 | 14 | 22 | 43.6% | 41 |
| Q1 2026 | $3.0B | 59 | 20 | 16 | 23 | 20 | 51.9% | 36 |
| Q4 2025 | $3.8B | 59 | 11 | 33 | 15 | 16 | 51.9% | 48 |
| Q3 2025 | $3.7B | 64 | 9 | 35 | 20 | 11 | 42.1% | 15 |
| Q2 2025 | $3.2B | 66 | 15 | 29 | 21 | 10 | 48.3% | 107 |
| Q1 2025 | $2.1B | 61 | 9 | 29 | 22 | 15 | 50.3% | 197 |
| Q4 2024 | $3.0B | 67 | 16 | 32 | 18 | 11 | 46.0% | 288 |
| Q3 2024 | $2.7B | 62 | 13 | 24 | 24 | 8 | 52.6% | 386 |
| Q2 2024 | $2.7B | 57 | 8 | 22 | 24 | 8 | 59.8% | 478 |
| Q1 2024 | $2.8B | 57 | 8 | 24 | 21 | 3 | 58.6% | 569 |
| Q4 2023 | $2.2B | 52 | 20 | 9 | 23 | 6 | 55.0% | 667 |
| Q3 2023 | $2.0B | 38 | 8 | 14 | 15 | 3 | 63.0% | 759 |
| Q2 2023 | $2.2B | 33 | 6 | 15 | 10 | 9 | 61.2% | 851 |
| Q1 2023 | $2.0B | 36 | 7 | 19 | 10 | 6 | 55.6% | 942 |
| Q4 2022 | $1.7B | 35 | 7 | 16 | 12 | 4 | 63.5% | 1,032 |
| Q3 2022 | $1.7B | 32 | 7 | 14 | 11 | 4 | 64.3% | 1,124 |
| Q2 2022 | $1.7B | 29 | 6 | 8 | 15 | 5 | 70.5% | 1,216 |
| Q1 2022 | $2.8B | 28 | 9 | 3 | 16 | 8 | 59.7% | 1,307 |
| Q4 2021 | $3.6B | 27 | 2 | 17 | 8 | 2 | 58.6% | 1,397 |
| Q3 2021 | $2.9B | 27 | 7 | 10 | 9 | 3 | 59.1% | 1,489 |
| Q2 2021 | $2.9B | 23 | 4 | 17 | 2 | 6 | 60.0% | 1,581 |
| Q1 2021 | $2.3B | 25 | 5 | 18 | 1 | 8 | 58.4% | 1,672 |
| Q4 2020 | $2.3B | 28 | 6 | 17 | 5 | 2 | 53.4% | 1,762 |
| Q3 2020 | $1.5B | 24 | 4 | 19 | 1 | 4 | 58.8% | 1,854 |
| Q2 2020 | $887.1M | 24 | 4 | 16 | 4 | 3 | 61.9% | 1,946 |
| Q1 2020 | $489.3M | 23 | 3 | 8 | 12 | 6 | 65.2% | 2,037 |
| Q4 2019 | $706.7M | 26 | 4 | 13 | 7 | 7 | 55.7% | 2,128 |
| Q3 2019 | $605.8M | 29 | 7 | 12 | 10 | 5 | 52.7% | 2,220 |
| Q2 2019 | $583.1M | 27 | 3 | 14 | 8 | 8 | 58.6% | 2,313 |
| Q1 2019 | $669.8M | 32 | 15 | 16 | 0 | 2 | 59.4% | 2,404 |
| Q4 2018 | $111.7M | 19 | 4 | 10 | 4 | 16 | 74.6% | 2,494 |
| Q3 2018 | $171.7M | 31 | 0 | 0 | 0 | 0 | 52.2% | 2,586 |
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.