# Connective Portfolio Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1905083. Source: https://holderbook.com/funds/1905083-connective-portfolio-management-llc/

- Reported value: $60.1M
- Positions: 39
- Weight of the ten largest: 48.9%
- Filed: 2026-07-07

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 |
|---|---|---|---|---|---|
| ROCKET LAB CORP | [RKLB](https://holderbook.com/stocks/RKLB/) | $3.7M | 35,965 | 6.1% | 5 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $3.6M | 26,000 | 6.1% | 1 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.6M | 10,980 | 6.0% | 4 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $3.6M | 47,029 | 5.9% | 19 |
| PETROLEO BRASILEIRO S A | [PBR](https://holderbook.com/stocks/PBR/) | $3.0M | 185,200 | 5.0% | 2 |
| SPROTT ASSET MANAGEMENT LP | [PHYS](https://holderbook.com/stocks/PHYS/) | $2.6M | 85,000 | 4.3% | 5 |
| ISHARES TR | [INDA](https://holderbook.com/stocks/INDA/) | $2.5M | 50,000 | 4.1% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $2.4M | 5,100 | 4.1% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.3M | 11,475 | 3.8% | 19 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $2.2M | 5,915 | 3.6% | 19 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $1.9M | 11,000 | 3.1% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.9M | 5,024 | 3.1% | 19 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $1.8M | 133,700 | 3.0% | 1 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.6M | 4,295 | 2.7% | 11 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.4M | 4,000 | 2.3% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.3M | 7,699 | 2.1% | 4 |
| SILICON MOTION TECHNOLOGY CO | [SIMO](https://holderbook.com/stocks/SIMO/) | $1.3M | 3,766 | 2.1% | 1 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $1.2M | 4,000 | 2.0% | 1 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $1.2M | 3,500 | 1.9% | 1 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $1.1M | 7,000 | 1.8% | 3 |
| SOFI TECHNOLOGIES INC | [SOFI](https://holderbook.com/stocks/SOFI/) | $1.1M | 60,000 | 1.8% | 1 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.1M | 910 | 1.7% | 1 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $1.0M | 13,195 | 1.7% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.0M | 3,520 | 1.7% | 1 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $1.0M | 2,700 | 1.7% | 1 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.0M | 1,000 | 1.7% | 1 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $992.8K | 2,800 | 1.7% | 1 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $988.9K | 25,000 | 1.6% | 1 |
| KODIAK GAS SVCS INC | [KGS](https://holderbook.com/stocks/KGS/) | $976.7K | 13,000 | 1.6% | 1 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $859.7K | 1,194 | 1.4% | 10 |
| REVOLUTION MEDICINES INC | [RVMD](https://holderbook.com/stocks/RVMD/) | $842.8K | 4,500 | 1.4% | 1 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $832.0K | 15,000 | 1.4% | 1 |
| OKTA INC | [OKTA](https://holderbook.com/stocks/OKTA/) | $818.7K | 6,000 | 1.4% | 1 |
| IONQ INC | [IONQ](https://holderbook.com/stocks/IONQ/) | $798.9K | 15,000 | 1.3% | 1 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $734.5K | 6,000 | 1.2% | 1 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $634.3K | 1,235 | 1.1% | 19 |
| PAMPA ENERGIA S A | [PAM](https://holderbook.com/stocks/PAM/) | $574.9K | 7,000 | 1.0% | 2 |
| PLANET LABS PBC | [PL](https://holderbook.com/stocks/PL/) | $496.9K | 15,000 | 0.8% | 3 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $437.8K | 12,875 | 0.7% | 19 |

## 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 | -0.0% | +14.8% | -14.9% | 99% |
| Q1 2026 | +3.3% | -4.6% | +8.0% | 100% |
| Q4 2025 | +1.7% | +2.4% | -0.6% | 100% |
| Q3 2025 | +11.7% | +7.8% | +3.9% | 100% |
| Q2 2025 | +12.3% | +10.5% | +1.8% | 100% |
| Q1 2025 | -7.4% | -4.6% | -2.9% | 100% |
| Q3 2024 | +2.3% | +5.4% | -3.1% | 100% |
| Q2 2024 | +3.4% | +4.0% | -0.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $60.1M | 39 |
| Q1 2026 | $36.9M | 25 |
| Q4 2025 | $55.5M | 38 |
| Q3 2025 | $56.6M | 38 |
| Q2 2025 | $46.7M | 30 |
| Q1 2025 | $29.6M | 25 |
| Q4 2024 | $67.2M | 55 |
| Q3 2024 | $56.6M | 42 |
| Q2 2024 | $61.5M | 46 |
| Q1 2024 | $56.8M | 46 |
| Q4 2023 | $49.1M | 39 |
| Q3 2023 | $32.9M | 34 |