Returns–Not enough quarters yet
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| PDDPdd Holdings Inc | $38.0M | 17.6% | |
| AMDAdvanced Micro Devices Inc | $21.7M | 10.1% | +256.6% |
| TSMTaiwan Semiconductor Manufac | $21.0M | 9.8% | −54.4% |
| NVDANvidia Corporation | $19.7M | 9.2% | −69.8% |
| YBYuanbao Inc | $18.5M | 8.6% | +127.5% |
| SNDKSandisk Corp | $17.1M | 7.9% | +75.3% |
| MUMicron Technology Inc | $15.4M | 7.2% | +61.0% |
| AVGOBroadcom Inc | $13.2M | 6.1% | +1.8% |
| IBITIshares Bitcoin Trust Etf | $8.3M | 3.9% | +6160.9% |
| Nebius Group N.v.CUSIP N97284108 | $7.0M | 3.3% | New |
| WDCWestern Digital Corp | $6.8M | 3.2% | New |
| LRCXLam Research Corp | $6.4M | 3.0% | New |
| Seagate Technology Hldngs PlCUSIP G7997R103 | $4.9M | 2.3% | New |
| LITELumentum Hldgs Inc | $3.9M | 1.8% | −76.0% |
| TERTeradyne Inc | $2.4M | 1.1% | |
| DELLDell Technologies Inc | $2.1M | 1.0% | New |
| LSCCLattice Semiconductor Corp | $2.0M | 0.9% | New |
| ADIAnalog Devices Inc | $1.8M | 0.8% | New |
| SNOWSnowflake Inc | $797K | 0.4% | New |
| AMATApplied Matls Inc | $615K | 0.3% | New |
| ARMArm Holdings PLC | $443K | 0.2% | New |
| VTRVentas Inc | $322K | 0.1% | +626.2% |
| PHMPulte Group Inc | $269K | 0.1% | |
| AHRAmerican Healthcare Reit Inc | $252K | 0.1% | +207.2% |
| CTRECaretrust Reit Inc | $232K | 0.1% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | March 31, 2026 | +185.6% | $21.7M |
| TERTeradyne Inc | March 31, 2026 | +63.2% | $2.4M |
| TSMTaiwan Semiconductor Manufac | December 31, 2025 | +57.2% | $21.0M |
| IRMIron Mtn Inc Del | December 31, 2025 | +52.3% | $103K |
| EQIXEquinix Inc | December 31, 2025 | +36.1% | $83K |
| HSTHost Hotels & Resorts Inc | December 31, 2025 | +33.7% | $128K |
| WELLWelltower Inc | December 31, 2025 | +22.3% | $224K |
| COLDAmericold Realty Trust Inc | December 31, 2025 | +22.2% | $137K |
| LITELumentum Hldgs Inc | March 31, 2026 | +22.1% | $3.9M |
| AVGOBroadcom Inc | March 31, 2026 | +22.0% | $13.2M |
Sold off last quarter
- PBRPetroleo Brasileiro S A was $17.7M
- GOOGAlphabet Inc was $9.1M
- METAMeta Platforms Cl A Ord was $4.9M
- FUTUFutu Hldgs Ltd was $4.0M
- VRTVertiv Holdings Co was $3.2M
- RBLXRoblox Corp was $1.7M
- PLTRPalantir Technologies Inc was $1.5M
- APHAmphenol Corp was $1.5M
- LLYEli Lilly & Co was $920K
- APPApplovin Corp was $110K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +0.7% | +14.8% |
| March 31, 2026 | −5.7% | −4.6% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Franchise GP Ltd Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2083646&type=13F-HR&dateb=&owner=include&count=40CIK 2083646
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2083646/000208364626000004/Filed July 22, 2026 · accession 0002083646-26-000004