# Pavaki Capital Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2143027. Source: https://holderbook.com/funds/2143027-pavaki-capital-management-llc/

- Reported value: $286.8M
- Positions: 158
- Weight of the ten largest: 52.1%
- 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 |
|---|---|---|---|---|---|
| CARVANA CO | [CVNA](https://holderbook.com/stocks/CVNA/) | $40.8M | 0 | 14.2% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $20.3M | 0 | 7.1% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $18.3M | 0 | 6.4% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $16.1M | 97,000 | 5.6% | 3 |
| MILESTONE PHARMACEUTICALS IN | [MIST](https://holderbook.com/stocks/MIST/) | $12.2M | 9,067,848 | 4.2% | 3 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $10.1M | 38,600 | 3.5% | 1 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $9.1M | 49,000 | 3.2% | 1 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $8.1M | 221,500 | 2.8% | 3 |
| TEXTRON INC | [TXT](https://holderbook.com/stocks/TXT/) | $7.7M | 84,300 | 2.7% | 3 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $6.9M | 0 | 2.4% | 3 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $6.2M | 9,900 | 2.2% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.2M | 26,000 | 1.8% | 3 |
| ARCUTIS BIOTHERAPEUTICS INC | [ARQT](https://holderbook.com/stocks/ARQT/) | $4.9M | 187,000 | 1.7% | 3 |
| ARS PHARMACEUTICALS INC | [SPRY](https://holderbook.com/stocks/SPRY/) | $4.6M | 579,600 | 1.6% | 3 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $4.6M | 4,000 | 1.6% | 1 |
| B2GOLD CORP | [BTG](https://holderbook.com/stocks/BTG/) | $4.4M | 1,180,000 | 1.5% | 3 |
| LIGAND PHARMACEUTICALS INC | [LGND](https://holderbook.com/stocks/LGND/) | $3.5M | 11,100 | 1.2% | 3 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $3.2M | 0 | 1.1% | 3 |
| CENTERRA GOLD INC | [CGAU](https://holderbook.com/stocks/CGAU/) | $3.1M | 197,000 | 1.1% | 3 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $3.0M | 32,500 | 1.1% | 3 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $2.8M | 61,000 | 1.0% | 2 |
| HARMONY BIOSCIENCES HLDGS IN | [HRMY](https://holderbook.com/stocks/HRMY/) | $2.7M | 73,000 | 0.9% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.6M | 0 | 0.9% | 3 |
| ROYALTY PHARMA PLC | [RPRX](https://holderbook.com/stocks/RPRX/) | $2.5M | 44,000 | 0.9% | 3 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $2.3M | 4,000 | 0.8% | 3 |
| NEWAMSTERDAM PHARMA COMPANY | [NAMS](https://holderbook.com/stocks/NAMS/) | $2.3M | 66,600 | 0.8% | 2 |
| TOLL BROTHERS INC | [TOL](https://holderbook.com/stocks/TOL/) | $2.2M | 3,500 | 0.8% | 3 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $2.1M | 0 | 0.7% | 3 |
| SSR MINING IN | [SSRM](https://holderbook.com/stocks/SSRM/) | $2.1M | 75,000 | 0.7% | 3 |
| PARAMOUNT SKYDANCE CORP | [PSKY](https://holderbook.com/stocks/PSKY/) | $2.1M | 208,863 | 0.7% | 3 |
| DOUGLAS ELLIMAN INC | [DOUG](https://holderbook.com/stocks/DOUG/) | $1.8M | 1,022,552 | 0.6% | 3 |
| ISHARES INC | [EWS](https://holderbook.com/stocks/EWS/) | $1.8M | 60,000 | 0.6% | 2 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $1.8M | 0 | 0.6% | 3 |
| BIO RAD LABS INC | [BIO](https://holderbook.com/stocks/BIO/) | $1.8M | 6,000 | 0.6% | 3 |
| FS KKR CAP CORP | [FSK](https://holderbook.com/stocks/FSK/) | $1.7M | 160,100 | 0.6% | 2 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $1.6M | 0 | 0.6% | 3 |
| HALLIBURTON CO | [HAL](https://holderbook.com/stocks/HAL/) | $1.6M | 46,000 | 0.5% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.5M | 0 | 0.5% | 3 |
| BAIDU INC | [BIDU](https://holderbook.com/stocks/BIDU/) | $1.5M | 13,000 | 0.5% | 3 |
| ISHARES TR | [EPHE](https://holderbook.com/stocks/EPHE/) | $1.4M | 58,000 | 0.5% | 3 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $1.3M | 0 | 0.5% | 1 |
| SYNDAX PHARMACEUTICALS INC | [SNDX](https://holderbook.com/stocks/SNDX/) | $1.3M | 60,000 | 0.5% | 3 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $1.3M | 0 | 0.4% | 3 |
| YUM CHINA HLDGS INC | [YUMC](https://holderbook.com/stocks/YUMC/) | $1.2M | 30,000 | 0.4% | 3 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $1.2M | 49,500 | 0.4% | 3 |
| TELEFONAKTIEBOLAGET LM ERICS | [ERIC](https://holderbook.com/stocks/ERIC/) | $1.1M | 97,500 | 0.4% | 3 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $1.1M | 0 | 0.4% | 1 |
| OCEANAGOLD CORP | [OGC](https://holderbook.com/stocks/OGC/) | $1.0M | 40,200 | 0.4% | 1 |
| ORASURE TECHNOLOGIES INC | [OSUR](https://holderbook.com/stocks/OSUR/) | $976.9K | 219,033 | 0.3% | 3 |
| EQUINOX GOLD CORP | [EQX](https://holderbook.com/stocks/EQX/) | $972.5K | 100,000 | 0.3% | 3 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $961.1K | 0 | 0.3% | 1 |
| UBS GROUP AG | [UBS](https://holderbook.com/stocks/UBS/) | $941.5K | 19,000 | 0.3% | 2 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $929.6K | 70,000 | 0.3% | 3 |
| BANCO BRADESCO S A | [BBD](https://holderbook.com/stocks/BBD/) | $917.2K | 264,336 | 0.3% | 3 |
| REPLIMUNE GROUP INC | [REPL](https://holderbook.com/stocks/REPL/) | $890.0K | 80,400 | 0.3% | 1 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $879.3K | 0 | 0.3% | 3 |
| CELLEBRITE DI LTD | [CLBT](https://holderbook.com/stocks/CLBT/) | $876.0K | 60,000 | 0.3% | 1 |
| ICON PUB LTD CO | [ICLR](https://holderbook.com/stocks/ICLR/) | $868.5K | 5,000 | 0.3% | 3 |
| SANOFI SA | [SNY](https://holderbook.com/stocks/SNY/) | $853.2K | 20,000 | 0.3% | 3 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $832.5K | 15,000 | 0.3% | 2 |
| DIVERSIFIED HEALTHCARE TR | [DHC](https://holderbook.com/stocks/DHC/) | $790.5K | 85,000 | 0.3% | 3 |
| KODIAK GAS SVCS INC | [KGS](https://holderbook.com/stocks/KGS/) | $788.9K | 10,500 | 0.3% | 2 |
| LANTHEUS HLDGS INC | [LNTH](https://holderbook.com/stocks/LNTH/) | $787.7K | 7,100 | 0.3% | 3 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $756.9K | 0 | 0.3% | 3 |
| BIOGEN INC | [BIIB](https://holderbook.com/stocks/BIIB/) | $756.2K | 3,500 | 0.3% | 3 |
| KASPI KZ JSC | [KSPI](https://holderbook.com/stocks/KSPI/) | $753.8K | 8,700 | 0.3% | 3 |
| ROYAL GOLD INC | [RGLD](https://holderbook.com/stocks/RGLD/) | $748.5K | 3,750 | 0.3% | 3 |
| RMR GROUP INC | [RMR](https://holderbook.com/stocks/RMR/) | $728.8K | 35,500 | 0.3% | 3 |
| KBR INC | [KBR](https://holderbook.com/stocks/KBR/) | $690.6K | 20,000 | 0.2% | 1 |
| BLACKROCK INCOME TR INC | [BKT](https://holderbook.com/stocks/BKT/) | $684.0K | 63,810 | 0.2% | 3 |
| ITAU UNIBANCO HLDG S A | [ITUB](https://holderbook.com/stocks/ITUB/) | $673.2K | 82,400 | 0.2% | 3 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $669.6K | 0 | 0.2% | 3 |
| KYIVSTAR GROUP LTD | [KYIV](https://holderbook.com/stocks/KYIV/) | $658.0K | 40,692 | 0.2% | 2 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $642.5K | 5,000 | 0.2% | 3 |
| REZOLUTE INC | [RZLT](https://holderbook.com/stocks/RZLT/) | $624.0K | 120,000 | 0.2% | 3 |
| SAP SE | [SAP](https://holderbook.com/stocks/SAP/) | $616.4K | 0 | 0.2% | 3 |
| SUPER MICRO COMPUTER INC | [SMCI](https://holderbook.com/stocks/SMCI/) | $615.9K | 0 | 0.2% | 3 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $593.6K | 3,500 | 0.2% | 3 |
| ARDELYX INC | [ARDX](https://holderbook.com/stocks/ARDX/) | $586.5K | 115,000 | 0.2% | 3 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $571.6K | 0 | 0.2% | 2 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $558.5K | 4,000 | 0.2% | 3 |
| INVESCO LTD | [IVZ](https://holderbook.com/stocks/IVZ/) | $527.8K | 20,000 | 0.2% | 3 |
| AQUESTIVE THERAPEUTICS INC | [AQST](https://holderbook.com/stocks/AQST/) | $520.0K | 125,000 | 0.2% | 3 |
| MARRIOTT VACATIONS WORLDWIDE | [VAC](https://holderbook.com/stocks/VAC/) | $509.4K | 5,000 | 0.2% | 1 |
| SILVERCORP METALS INC | [SVM](https://holderbook.com/stocks/SVM/) | $505.0K | 50,000 | 0.2% | 3 |
| ATLAS ENERGY SOLUTIONS INC | [AESI](https://holderbook.com/stocks/AESI/) | $498.3K | 30,000 | 0.2% | 2 |
| ENERFLEX LTD | [EFXT](https://holderbook.com/stocks/EFXT/) | $490.2K | 20,000 | 0.2% | 1 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $482.0K | 0 | 0.2% | 3 |
| PRECISION DRILLING CORP | [PDS](https://holderbook.com/stocks/PDS/) | $460.3K | 6,000 | 0.2% | 2 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $459.1K | 0 | 0.2% | 3 |
| PAN AMERN SILVER CORP | [PAAS](https://holderbook.com/stocks/PAAS/) | $447.9K | 10,000 | 0.2% | 2 |
| ARIS MINING CORPORATION | [ARIS](https://holderbook.com/stocks/ARIS/) | $447.3K | 30,000 | 0.2% | 3 |
| DYNE THERAPEUTICS INC | [DYN](https://holderbook.com/stocks/DYN/) | $444.2K | 20,000 | 0.2% | 2 |
| SEI INVTS CO | [SEIC](https://holderbook.com/stocks/SEIC/) | $438.6K | 5,000 | 0.2% | 3 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $433.8K | 3,000 | 0.2% | 3 |
| COOPER-STANDARD HOLDINGS INC | [CPS](https://holderbook.com/stocks/CPS/) | $405.8K | 15,000 | 0.1% | 3 |
| COEUR MNG INC | [CDE](https://holderbook.com/stocks/CDE/) | $404.7K | 24,795 | 0.1% | 2 |
| FRANKLIN RESOURCES INC | [BEN](https://holderbook.com/stocks/BEN/) | $399.2K | 12,000 | 0.1% | 3 |
| PATTERSON-UTI ENERGY INC | [PTEN](https://holderbook.com/stocks/PTEN/) | $367.2K | 40,000 | 0.1% | 2 |
| ARMOUR RESIDENTIAL REIT INC | [ARR](https://holderbook.com/stocks/ARR/) | $349.0K | 20,000 | 0.1% | 1 |

## 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 | +10.5% | +14.8% | -4.3% | 99% |
| Q1 2026 | -9.3% | -4.6% | -4.7% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $286.8M | 158 |
| Q1 2026 | $235.4M | 150 |
| Q4 2025 | $397.3M | 123 |