HOOD Archives

HOOD

Letters With This Ticker

Quarter	Letter Date	Fund Name	QTD	YTD	Tickers	Keywords/Themes	Theme Commentary	Pitches	Letter
2025 Q2	Aug 7, 2025	Fidelity Growth Strategies Fund	22.7%	12.9%	ALAB, ALNY, APP, AXON, BROS, CMTG, COR, DXCM, FICO, HLT, HOOD, HWM, IDXX, INSM, NET, RBLX, RCL, ROAD, STRL, TDG	AI, Data centers, growth, industrials, infrastructure, mid cap, technology	AI-driven business investment accounted for roughly half of U.S. GDP growth over the past 12 months. Capital spending has experienced a powerful AI-driven upswing. Fund holdings within the industrials sector are concentrated in picks-and-shovels companies enabling the massive build-out of artificial intelligence capabilities.	HOOD AXON	View
2025 Q2	Aug 7, 2025	Wellington Management	9.5%	7.3%	1810.HK, APPL, FICO, GALDF, GOOGL, HOOD, IOT, LLY, MELI, META, MSFT, NFLX, NOW, NTDOY, NVDA, ORCL, SHOP.TO, SPOT, TSM, VRTX	AI, Cloud, E-Commerce, gaming, global, growth, semiconductors, technology	The fund continues to benefit from AI momentum with strong performance from NVIDIA driven by surging global demand for AI chips and major spending announcements from cloud and tech giants. Oracle was added as a new position to benefit from its accelerating cloud service business targeted at AI workloads, with a recently announced deal with OpenAI to build significant data center capacity. Alphabet is showing improved revenue growth and is anticipated to benefit from its latest AI model, Gemini 2.0.		View
2025 Q2	Aug 5, 2025	Springview Capital Management	-	15.7%	AMZN, COF, COIN, CR, EIX, FFH.TO, HOOD, IBKR, INTC, MCY, NTDOY, SCHW, SEG, SPOT, UBER, WRB, WS	Concentration, Fintech, growth, insurance, Long/Short, Quality, value	Robinhood has been the Partnership's most profitable investment, driven by rapid innovation, market share gains, and customer loyalty in a large growing market. Business results dramatically exceeded expectations with assets under custody growing 115% and earnings up 109% year-over-year. The company benefits from product innovation, international expansion, strategic acquisitions, and favorable tailwinds from strong equity and crypto markets.	WS MCY SEG HOOD WS MCY SEG HOOD	View
2025 Q2	Aug 5, 2025	Gator Capital Management	14.5%	13.8%	AX, BNP.PA, C, CG, FCNCA, FFBC, GLE.PA, HOOD, HOUS, SLM	Bank Valuations, Credit quality, financials, M&A, Regional Banks, yield curve	Manager maintains overweight position in small and mid-cap regional banks trading at 8x next year's earnings versus normal 10-14x range. Banks face headwinds from inverted yield curve but benefit from Fed rate cuts steepening the curve and loan repricing tailwinds. Recent credit quality concerns have led to reduced sector exposure.	FFBC VRTS WEX	View
2025 Q2	Aug 11, 2025	Baron FinTech Fund	9.2%	7.7%	ACGL, ACN, ALKT, CME, CWAN, FICO, FIS, GLOB, GWRE, HOOD, IBKR, INTA, INTU, KKR, KNSL, LPLA, MA, MCO, MELI, MORN, MSCI, PGR, SCHW, SPGI, TW, V, VRSK	Capital markets, E-Commerce, Financial Services, Fintech, payments, technology, volatility	The fund focuses on competitively advantaged, growing fintech companies across all market capitalizations and geographies. The portfolio is segmented into seven investment themes including Tech-Enabled Financials, Information Services, Enterprise Software, Capital Markets, Payments, E-Commerce, and Digital IT Services. The manager expects fintech companies to outperform over time due to their competitive advantages and growth prospects.		View
2025 Q2	Jul 8, 2025	Ashva Capital Management	-	-1.6%	CRDO, HOOD, HWM	aerospace, Concentration, Data centers, Fintech, long-term, Quality	Robinhood is positioned as a disruptive financial platform rewriting consumer finance rules. The newly launched Robinhood Gold credit card with 3% cash back is viewed as a brilliant customer acquisition tool that leverages the company's lack of legacy cost structure compared to traditional banks. Robinhood is seen as a Trojan horse in retail finance, rapidly expanding its ecosystem beyond just brokerage services.	HWM CRDO HOOD HWM CRDO HOOD	View
2025 Q2	Jul 30, 2025	Kinsman Oak	-	-	COIN, CRCL, HOOD, MSTR, PLTR	AI, crypto, Debt, policy, rates, Speculation, tariffs, technology	Bitcoin reached all-time high of $120k, up 60% since April low. Manager explores potential decoupling from traditional risk assets as hedge against national debt crisis. Cryptocurrency experiencing speculative fervor with Bitcoin-linked firms rallying 78% in Q2.		View
2025 Q2	Jul 22, 2025	Aristotle Small/Mid Cap Equity	4.6%	-	ACIW, AENE, ALIT, ASGN, BHLB, CHE, CIEN, CMCO, DLB, DY, FTAI, HOOD, IPAR, ITRI, JBGS, MMSI, MTSI, PRGO, SMG, VRRM	growth, industrials, positioning, SMID Cap, technology, value, volatility	MACOM Technology Solutions benefited from exposure to growing demand from Data Center and 5G end market applications. The company surpassed analyst expectations and raised forward guidance, with meaningful exposure to these growing markets along with domestic manufacturing footprint expected to drive additional shareholder value.	VRRM SMG PRGO IPAR FTAI DLB ALIT CHE ACIW MTSI DY CHE	View
2025 Q2	Jul 22, 2025	Columbia Global Technology Growth Fund	24.8%	-	AAPL, ACN, ALAB, AMZN, ASML, AVGO, CRM, GOOGL, HOOD, INTU, LRCX, META, MSFT, NFLX, NOW, NVDA, TSM, TTD	AI, Cloud, global, growth, semiconductors, technology, Trade Policy	AI remained the most significant driver of technology market performance during the quarter. Investors remained hyper-focused on AI infrastructure spending and return on investment across all sectors. Companies like NVIDIA reported extraordinary demand for data-center products driven by generative AI adoption across hyperscalers, enterprise and sovereign customers.	NOW CRM ACN TTD AVGO NVDA HOOD ALAB AAPL TMUS GPN FI HOOD ORCL MSFT AVGO NVDA	View
2025 Q2	Jul 22, 2025	Ithaka US Growth Strategy	23.0%	-	AAPL, COIN, CRM, HOOD, LLY, META, MSFT, NFLX, NOW, NVDA, V	AI, Concentration, growth, large cap, tariffs, technology	Nvidia dominates accelerated computing with superior GPU ecosystem creating high switching costs and wide competitive moat. Secular demand for AI infrastructure remains in early innings with sustained growth expected. Microsoft's Azure segment grew 35% beating guidance, demonstrating strong AI-driven cloud momentum.	CRM LLY AAPL NOW MSFT NVDA CRM LLY AAPL NOW MSFT NVDA	View
2025 Q2	Jul 2, 2025	Ghosh Capital	17.3%	25.3%	AMZN, APH, ASTS, AVGO, BA, CSU.TO, GOOGL, GSAT, HOOD, KNEAT.TO, LMT, MDA.TO, MELI, MSFT, NU, RHM.DE, RKLB, SATS, TOI.TO, V	AI, Canada, global, Satellites, Space, technology, value	Deep dive on MDA Space, a 56-year-old Canadian space technology company building satellites, space robotics, and providing geointelligence. The company trades at attractive valuations compared to US space peers despite having longer operating history and actual profitability. Major growth drivers include large constellation wins for Globalstar and Telesat.	MDA.TO GOOGL KNEA.TO MELI TOI.TO MDA CN	View
2025 Q2	Jul 17, 2025	Alger Mid Cap Focus Fund	19.9%	3.9%	ALAB, AXON, CSU.TO, HOOD, TLN, WING	AI, Cloud, Data centers, financials, growth, industrials, mid cap, technology	AI is at an inflection point, potentially enabling significant increases in productivity. Strong demand for AI infrastructure is driving business spending acceleration. Companies like Astera Labs are well positioned in AI computing markets, providing critical connectivity solutions for AI accelerators and data movement.	AXON CSU.TO WING ALAB TLN HOOD RYAN CWAN VRT NET PLTR	View
2025 Q2	Jul 16, 2025	ARK Invest	34.6%	15.4%	ACHR, AMD, AMZN, AVAV, COIN, CRCL, CRSP, HOOD, KTOS, PLTR, RBLX, RKLB, ROKU, SHOP, TEM, TER, TRMB, TSLA, TTD, TWST	AI, crypto, defense, Genomics, growth, innovation, Robotics, technology	ARK views artificial intelligence as one of its Five Innovation Platforms that could play an outsized role in pulling the economy out of the rolling recession. The firm believes AI, along with other innovation platforms, could catalyze productivity gains and accelerate economic growth during turbulent times when consumers and businesses are willing to change how they operate.		View
2025 Q2	Jul 15, 2025	TimesSquare Capital Management U.S. Mid Cap Growth Strategy	12.9%	-	BJ, CRS, CRWD, CW, EME, EVR, F, FROG, HOOD, HUBS, INSP, ORLY, PLTR, SAIA, VEEV	AI, cybersecurity, growth, healthcare, M&A, mid cap, tariffs, technology	The U.S. proposed tariff regime led to significant economic fallout and market volatility. Companies across sectors either scrapped or reduced forward guidance as they wait to see how results fare in this environment. Many companies are understandably conservative with their outlooks as tariff levies are quickly announced and rescinded.	JFROG	View
2025 Q2	Jul 10, 2025	Headwaters Capital Management, LLC	7.3%	-2.6%	COIN, DHR, GMED, HOOD, MSTR, NVDA, PLTR, TECH, TMDX, TMO	AI, Biotechnology, mid cap, Risk Appetite, small caps, valuation	AI enthusiasm is driving large cap outperformance and creating narrow market breadth concentrated in AI beneficiaries. The manager believes AI is real with lasting benefits but excitement around valuations is reaching extremes similar to 1999. History suggests the AI cycle will eventually reach over-investment and excess capacity.	TECH TECH	View
2025 Q2	Jun 30, 2025	Artisan Mid Cap Fund	14.4%	5.9%	ARGX, ASND, BKR, BWXT, DASH, DUOL, DXCM, HOOD, INSM, IOT, IRTC, LSCC, RBC, RBLX, SHOP, SNOW, SPOT, TEAM, TW, TYL	AI, Biotech, Cloud, growth, mid cap, Streaming, tariffs, technology	Portfolio positioned to benefit from AI adoption with holdings like Snowflake, Tyler Technologies, and Guidewire that help businesses and government implement AI tools. Infrastructure leaders like Pure Storage, Synopsys, and Monolithic Power help make data centers powering AI tools faster and more power-efficient.		View
2025 Q2	Jun 30, 2025	Parnassus Mid Cap Growth Fund	13.3%	-	ALC, ALNY, BLDR, CSGP, DDOG, EFX, GWRE, HLT, HOOD, JBHT, KLAC, MELI, NET, ODFL, POOL, RCL, RGEN, SARO, SN, WDC	AI, Cyclical, growth, Logistics, mid cap, semiconductors, software	The fund maintains thematic focus on artificial intelligence exposure through software and semiconductor companies. Portfolio includes companies like Guidewire, Autodesk and Cadence that are well positioned with large datasets and existing customer relationships to train AI technology for specific use cases.		View
2024 Q2	Jun 30, 2024	ProChain Capital	-	32.5%	BITF, BTDR, HOOD, IREN, MSTR, RIOT, SONY	Bitcoin, Blockchain, crypto, ETFs, Ethereum, Mining, regulation	The manager views the current market as offering an incredible investment opportunity into cryptoassets generally. Despite recent price declines from technical selling pressure, the crypto industry has achieved major wins in US federal legislative and judiciary branches with sustained support from financial market participants. The SEC remains a challenge but is in a shrinking minority with numerous judicial setbacks.		View
2025 Q1	May 5, 2025	Gator Capital Management	-0.6%	-0.6%	BARC.L, BNP.PA, FCNCA, GLE.PA, GPN, HOOD, PYPL, SLM, UMBF, VRTS	Asset Managers, financials, Regional Banks, small caps, tariffs, Trade Policy, value	The manager views recent sweeping tariff proposals as an unforced policy error and unnecessarily reckless approach. While improving America's trade positioning is legitimate, broad-based tariffs on nearly all global imports with limited warning creates unnecessary risk. The manager believes these tariffs will ultimately be short-lived based on market interpretation of events.	VRTS	View
2025 Q1	May 3, 2025	Springview Capital Management	-1.8%	-1.8%	ABAC, AMZN, BRK-B, CPRT, CR, CRH, FFH, HLT, HOOD, MCY, NTDOY, SEG, SPOT, WRB, WS	Compounding, insurance, Long/Short, Quality, value, volatility	Manager embraces volatility as the price of admission to long-term compounding, viewing it as an opportunity rather than something to avoid. During April's sharp market decline, the fund maintained minimal trading activity and kept net exposure steady at 90-95%. The manager believes volatility is the one constant in markets and reflects human emotion reacting to uncertainty.	WS SEG MCY SPOT	View
2024 Q1	May 15, 2024	Gator Capital Management	10.8%	24.3%	AX, BAC, BCS, CNOB, CUB, DCOM, ESQ, FBP, FCNCA, GNW, HOOD, JXN, NYCB, OFG, OSBC, PNFP, ROOT, SLM, UMBF, WAL, WBS	Credit Risk, financials, interest rates, Regional Banks, SMID Cap, value	Manager sees selective opportunities in small-to-mid-sized regional banks despite sector headwinds. Believes stock investors are overly pessimistic about credit concerns while the real issues are interest rate risk and loan volume growth. Groups favorites into Puerto Rican banks, growth banks, and small banks with unique stories.		View
2026 Q1	Apr 8, 2026	ClearBridge Mid Cap Growth Strategy	-	-	ADSK, APP, CAVA, CMG, CRWD, FAST, FCX, HOOD, HUBG, JCI, LHX, META, MSGS, PINS, SHOP, SPOT, TJX, VIK, VRT, W, XPO	AI, defense, E-Commerce, growth, industrials, mid cap, technology, volatility			View
2026 Q1	Apr 8, 2026	ClearBridge Investment Growth Strategy	-	-	ADSK, APP, CAVA, CMG, CRWD, FAST, FCX, FIX, HOOD, HUBS, JCI, LHX, META, MSGS, PINS, PWR, SHOP, SPOT, TJX, TRGP, VIK, VRT, W, XPO	AI, diversification, growth, mid cap, software, technology, volatility			View
2026 Q1	Apr 7, 2026	Jacob Fund	-	-	CRCL, CRWD, HOOD, RDDT, VIR, WATT	AI, Biotechnology, cybersecurity, Fintech, growth, innovation, small cap, technology		VIR WATT HOOD RDDT CRCL	View
2026 Q1	Apr 27, 2026	Ithaka US Growth Strategy	-15.6%	-15.6%	HOOD, HWM, ISRG, MSFT, NFLX, NOW, VEEV	aerospace, AI, growth, healthcare, large cap, technology		ISRG HOOD NOW MSFT VEEV NFLX HWM	View
2026 Q1	Apr 20, 2026	TimesSquare Capital Management U.S. Mid Cap Growth Strategy	-7.7%	-7.7%	BJ, CASY, CCO, CRS, CW, DASH, EME, HOOD, IBKR, INSM, IONS, LNG, PINS, PR, RGEN, ROST, RRX, STVN, TPG, TRGP, TTWO	AI, Data centers, energy, Geopolitical, growth, healthcare, mid cap, technology			View
2025 Q1	Apr 2, 2025	Ghosh Capital	8.0%	8.0%	APH, CBZ, COST, CSU.TO, ETL.PA, GOOGL, HOOD, HRB, KNT.L, KPG.AX, MDA.TO, MELI, MNDY, PNG.TO, RELY, RHM.DE, SPGI, TEAM, TOI.TO, VIE.PA	defense, growth, infrastructure, Nationalism, small caps, Valuations, value	Countries like Canada and Europe are taking defense seriously due to Trump's policies requiring more global defense contributions. This creates a wall of money for consistent defense spending as nationalist policies spread worldwide.	KPG.AX	View
2026 Q1	Apr 17, 2026	Parnassus Mid Cap Growth Fund	-7.0%	-7.0%	ARES, BILL, BLDR, CSGP, DKS, EW, HOOD, HUBG, KLAC, ODFL, RDDT, RKLB, ROK, TER, VMC	AI, growth, Housing, industrials, mid cap, semiconductors, technology			View
2026 Q1	Apr 16, 2026	ARK Invest	-1.8%	-1.8%	ACHR, AVAV, AVGO, BLSH, CRCL, HOOD, IRDM, ODD, PRLB, PYPL, SHOP, TEM, TER, TSEM, TSLA, TSM, TWST, TXG, VELO, VRTX, WGS	AI, Autonomous, Biotechnology, crypto, innovation, technology			View
2025 Q1	Apr 16, 2025	ARK Invest	-	-	COIN, ESLT, FARO, GH, HOOD, KTOS, PLTR, RKLB, RXRX, TEM, TER, TSLA, TXG, VLN, XMTR	AI, Deflation, Genomics, innovation, Recession, Robotics, technology	ARK views AI as a key disruptive innovation platform that will drive deflation and reshape the macroeconomic landscape. The firm believes diversified exposure to AI applications, particularly software underrepresented in broad benchmarks, could drive value creation. ARK suggests the most important AI investment opportunities are associated with disruptive innovation.		View
2024 Q1	Apr 15, 2024	Heartland Mid Cap Value Fund	8.2%	9.7%	COIN, DCI, FAF, HOOD, HSY, JBHT, PRGO, SOFI, SQ	Consumer Staples, financials, healthcare, industrials, mid cap, Quality, value	The fund implements a two-bucket value strategy seeking both quality value companies trading at decent bargains and deeply discounted deep value companies. The approach balances high-quality companies with strong fundamentals against deeply discounted securities with self-help catalysts.	PRGO HSY DCI	View
2026 Q1	Mar 31, 2026	PGIM Jennison Global Opportunities Fund	-11.7%	-11.7%	ASML, AVGO, COST, GEV, GOOGL, HOOD, LRCX, MSFT, PLTR, SHOP.TO, TSM	aerospace, AI, energy, global, growth, semiconductors, technology			View
2025 Q1	Mar 31, 2025	Baron FinTech Fund	-1.4%	-1.4%	ACGL, APO, CME, FI, FICO, GLOB, GWRE, HOOD, KKR, LPLA, MA, MELI, MORN, PGR, PRI, SCHW, SPGI, SQ, TW, V	Capital markets, E-Commerce, Fintech, insurance, payments, software, trading	Strong performance from global payment networks Visa and Mastercard driven by accelerating payment volumes and defensive business models. Payment companies benefit from fee-based revenue tied to nominal payment volumes, providing protection against inflationary pressures.	TTAN HOOD SQ APO KKR TW PGR MELI	View
2025 Q1	Mar 31, 2025	Pantera Capital	-	-	BEN, BLK, COIN, HOOD, IBM, SOFI	AI, Blockchain, Capital markets, crypto, Digital assets, regulation, Tokenization, venture	Blockchain represents a paradigm shift in how value is created, stored, and transferred, offering one of the most asymmetric investment opportunities available today. The asset class features unique capital structures through tokens rather than traditional equity, with early liquidity through token generation events creating venture-style returns in public markets.		View
2025 Q1	Mar 31, 2025	TimesSquare Capital Management U.S. Mid Cap Growth Strategy	-3.5%	-3.5%	ALL, BC, BJ, COR, EME, FICO, FROG, HOOD, HXL, INSM, IT, ITCI, JNJ, ORLY, ROST, TER, TPG, VRSK, WCN	consumer, financials, growth, healthcare, industrials, mid cap, technology, Trade Policy	China's DeepSeek AI model announcement in January created concerns about reductions in massive AI infrastructure spending, weighing on semiconductors and related industries. Corporate IT buyers showed more moderate spending though with resilience expected for AI and cybersecurity. The wider creation or adoption of GenAI applications for businesses is expected to generate greater activity volumes for companies like JFrog.		View
2023 Q1	Mar 31, 2023	Orbis Global Equity	-	-	COST, HOOD, IBKR, SCHW	Banking, financials, global, technology, value	Interactive Brokers operates as a differentiated online brokerage platform serving active and sophisticated traders. The company benefits from scale economics shared with customers, offering low costs and best execution while maintaining 60% operating margins. Growth opportunities include white-labeling services to financial institutions.	ACGL\|CHH\|FDS\|GWRE\|IBKR\|IDXX\|MTN\|SPOT\|TSLA	View
2025 Q4	Feb 3, 2026	Fidelity Growth Strategies Fund	-3.4%	12.6%	ALNY, ATI, AXON, BROS, COHR, COR, DXCM, FICO, FIX, HLT, HOOD, HWM, IDXX, LITE, LVS, NET, RBLX, RCL, ROAD, STRL	aerospace, AI, growth, industrials, mid cap, technology	The fund benefited from AI infrastructure investment driving demand for optical components and semiconductors. Coherent saw surge in demand for products in advanced semiconductor manufacturing due to AI infrastructure spending. The broader market was supported by ongoing boom in artificial intelligence spending. Strong positioning in aerospace and defense components through ATI and Howmet Aerospace holdings. ATI designs and manufactures components for aerospace and defense firms representing two-thirds of its business, with strong earnings growth projected for 2025 and Q1 2026.	IDXX AXON LITE ATI COHR	View
2025 Q4	Feb 3, 2026	Gator Capital Management	4.1%	31.9%	BCS, BNP.PA, C, COMP, CUBI, FCNCA, GLE.PA, GPN, HOOD, HOUS, JPM, JXN, PYPL, SOHO, TD, TFSL, UMBF, VRTS	Banking, Capital markets, financials, real estate, Regional Banks, small caps, value	The fund focuses on small and mid-cap financial institutions, particularly regional banks with mutual holding company structures. TFS Financial represents a key investment in this space, offering leveraged exposure to earnings recovery through its unique MHC structure. Significant exposure to mortgage-related businesses through TFS Financial's traditional thrift model and Anywhere Real Estate's real estate services. The fund sees opportunity as the housing market recovers and interest rate environment normalizes. Strong positioning in capital markets through investment platforms like Robinhood Markets and traditional investment management firms. The fund benefited from continued product innovation and growth in retail trading platforms.	TFSL	View
2025 Q4	Feb 25, 2026	GMO	0.0%	0.0%	2222.SR, AAPL, AMZN, AVGO, BLK, CSCO, GM, GOOGL, HOOD, META, MSFT, NVDA, ORCL, OWL, PLTR, TSLA, TSM	AI, Bubbles, Data centers, semiconductors, Speculation, technology, valuation	AI represents the most visibly impressive innovation of the last 100 years, comparable to railways in the 19th century. Current large language models suffer from hallucinations but are likely just an opening phase. If AI advances in biotechnology, materials, and energy, the future could be very interesting. The U.S. stock market has been in bubble territory for a prolonged period, defined as a two-standard deviation divergence above long-term real price trend. Unlike every bubble before it, this one has yet to fully deflate despite classic signs of a historic bubble top. Hyperscalers spent nearly $300 billion on capital expenditures in 2025, with AI investment accounting for 1.3% of U.S. GDP. Cumulative spending on U.S. data centers is estimated to reach $3-5 trillion by 2029-2030, representing massive overcommitment of capital. Nvidia is currently the world's most valuable company, exceeding the entire Japanese stock market. The AI boom has created unprecedented demand for chips, with companies stretching depreciation schedules despite ongoing technological progress that should shorten useful chip lives. There has been a surge in aggressive speculative behavior with commission-free trading, plentiful margin loans, and leveraged ETFs. Zero-day options now make up over 60% of all S&P 500 options, alongside the GameStop meme stock craze and cryptocurrency rise. By every historically effective valuation metric, U.S. equities are extremely overpriced. The CAPE of 40 is above any level seen outside the internet bubble peak, with the market cap to GDP ratio at all-time highs and record proportions trading at over 10 times sales.	HUBS	View
2025 Q4	Feb 18, 2026	Baron FinTech Fund	-2.2%	0.9%	APO, COF, CWAN, FI, FICO, GWRE, HLI, HOOD, IBKR, INTU, JKHY, KKR, LPLA, MA, MELI, MS, NU, SCHW, SHOP, SPGI, V	AI, Banking, Capital markets, crypto, financials, Fintech, growth, technology	Capital markets are wide open with elevated levels of debt issuance, equity offerings, and M&A volumes. Falling interest rates, rising equity prices, and improving corporate confidence are driving an optimistic outlook for deals, which should benefit advisory firms, rating agencies, and alternative asset managers. The fund continues its growth approach to investing in financial and financial-related companies, including payment businesses, financial exchanges, and data providers that enable financial transactions. The common denominator across all holdings is the use of technology and data to better serve customers and grow at above-average rates. The broader software industry came under pressure due to fears of AI disintermediation. However, vertical market software vendors serving highly regulated industries are most insulated from AI risk given their deep workflow integrations and high switching costs. Morgan Stanley expects continued margin expansion from operating leverage and efficiencies from the broader usage of AI. Bitcoin fell 23.5% in the quarter, significantly underperforming nearly every major asset class. Robinhood experienced softening in customer engagement, especially in cryptocurrency trading alongside a pullback in crypto prices. The Senate is drafting legislation to create a regulatory framework for cryptocurrency that could potentially boost digital asset adoption. Falling interest rates and federal support for housing should drive a continued rebound in mortgage origination volumes, which should benefit mortgage originators and credit bureaus. FICO launched its new Direct Licensing Program for mortgage lending, which provides greater flexibility to monetize its intellectual property.	NEPT MS GWRE MELI HOOD FICO JKHY SPGI	View
2024 Q4	Feb 10, 2025	Springview Capital Management	5.4%	19.7%	AMZN, BRK-B, CPRT, CR, CRH, FFH, FMX, HLN.L, HLT, HOOD, MCY, MKL, MSGS, SEG, SPOT, V, VAC, WRB, WS, WTM	Capital Allocation, Concentration, long-term, P&C Insurance, risk management, value	The property/casualty insurance industry remains a favorite hunting ground for the partnership. The fund currently owns five P/C insurance companies (six including Berkshire Hathaway), with one being a special situation merger-arbitrage play. These insurers trade at attractive valuations, generate strong Returns on Equity, and have the ability to recycle and reinvest capital internally at high returns.		View
2024 Q4	Dec 31, 2024	Artisan Mid Cap Fund	5.1%	12.0%	APP, EXAS, FTV, GDDY, GTLB, HOOD, HUBB, IR, LYV, MPWR, MRVL, ON, ONTO, PLTR, PSTG, SHOP, SPOT, TEAM, USFD, XYL	AI, Biotechnology, Cloud, growth, healthcare, mid cap, semiconductors, technology	AI adoption is driving growth across portfolio holdings including custom AI chips from Marvell, networking solutions from Arista Networks, and cloud software companies integrating AI functionality into their platforms. Data centers require vast amounts of electricity to power AI infrastructure, creating energy demand challenges.		View
2024 Q4	Dec 31, 2024	Baron FinTech Fund	5.2%	22.9%	ACGL, APO, FI, FICO, GWRE, HOOD, IBKR, INTU, KKR, LPLA, MA, MELI, NU, PGR, PRI, SPGI, TTAN, TW, V, WISE.L	Capital markets, Digital Banking, Financial Services, Fintech, growth, payments, software, technology	The fund focuses on fintech companies at the intersection of financial services and technology, benefiting from secular trends including growing demand for data, electronification of capital markets, shift to electronic payments, rise of e-commerce, and digital transformation across financial institutions. These trends continue to drive digitization of the financial sector.		View
2025 Q3	Nov 5, 2025	PGIM Jennison Global Opportunities Fund	5.3%	9.8%	1810.HK, AAPL, APPL, FICO, GALDF, GOOGL, HOOD, IOT, LLY, MELI, META, MSFT, NFLX, NOW, NTDOY, NVDA, ORCL, SHOP, SPOT, TSM, VRTX	AI, Cloud, E-Commerce, gaming, global, growth, large cap, technology	The fund continues to benefit from AI momentum, with NVIDIA posting strong gains from surging global demand for AI chips and major spending announcements from cloud and tech giants. Oracle was added as a new position to benefit from its accelerating cloud service business targeted at AI workloads, with a recently announced deal with OpenAI expected to drive meaningful revenue growth.		View
2025 Q3	Nov 4, 2025	Gator Capital Management	11.3%	26.7%	AX, BNP.PA, C, CG, FCNCA, FFBC, GLE.PA, HOOD, HOUS, SLM	Banking, Credit quality, financials, Long/Short, Regional Banks, value	Manager maintains overweight position in small and mid-cap regional banks despite recent volatility from fraud losses and disappointing credit metrics. Banks trade at 8x forward earnings versus normal 10-14x range, with tailwinds from steepening yield curve, loan repricing, and improved regulatory environment.	MBG GR	View
2025 Q3	Nov 13, 2025	Baron FinTech Fund	-4.4%	3.0%	COF, FDS, FICO, GWRE, HLI, HOOD, IBKR, INTU, KKR, LPLA, MA, MELI, MORN, NU, PGR, SHOP, SPGI, TW, V, VRSK	AI, Capital markets, credit, financials, Fintech, payments, technology	The fund focuses on competitively advantaged, growing fintech companies across all market capitalizations and geographies. Tech-Enabled Financials represented 29.3% of net assets, with the fund maintaining overweight positions in this category relative to the benchmark.	COF FICO SHOP CN IBKR HOOD	View
2024 Q3	Oct 30, 2024	Gator Capital Management	10.8%	24.3%	AX, BXP, CBNA, COLB, CUZ, FCNCA, HOOD, JXN, PYPL, REAL, UMBF, VNO, WAL	Banking, Deposits, financials, Regional Banks, value	The fund focuses heavily on regional banking with multiple positions including First Citizens Bancshares, UMB Financial, Western Alliance Bancorp, and Columbia Banking System. The manager emphasizes the value of strong deposit franchises following the Regional Bank Crisis in March 2023.	CBNA	View
2025 Q3	Oct 28, 2025	Fidelity Growth Strategies Fund	3.3%	16.7%	ALAB, ALNY, APP, AXON, BROS, COMFORT, COR, DXCM, FICO, HLT, HOOD, HWM, IDXX, INSM, NET, PCCP, RBLX, RCL, STRL, TDG	AI, Data centers, growth, industrials, infrastructure, mid cap, technology	AI-driven business investment accounted for roughly half of U.S. GDP growth over the past 12 months. AppLovin's stock was boosted by the company's use of AI to improve ad targeting on mobile games. The fund holds picks-and-shovels companies enabling the massive build-out of artificial intelligence capabilities.		View
2025 Q3	Oct 28, 2025	Columbia Global Technology Growth Fund	12.1%	-	AAPL, ACN, ALAB, AMZN, ASML, AVGO, CRM, GOOGL, HOOD, INTU, LRCX, META, MSFT, NFLX, NOW, NVDA, TSM, TTD	AI, Cloud, global, growth, innovation, semiconductors, technology	AI remained the most significant driver of technology market performance during the quarter. The fund benefited from AI infrastructure investments, with companies like NVIDIA reporting extraordinary demand for data-center products and Broadcom seeing AI semiconductor chips become a majority of revenue. The transformative potential of AI continues to drive investor enthusiasm across all sectors of the economy.	NOW CRM ACN TTD AVGO NVDA HOOD ALAB AVGO US NVDA US ALAB US AVGO US NVDA US ALAB US	View
2025 Q3	Oct 24, 2025	Wellington Management	8.1%	16.0%	1810.HK, AAPL, APPL, FICO, GALDF, GOOGL, HOOD, IOT, LLY, MELI, META, MSFT, NFLX, NOW, NTDOY, NVDA, ORCL, SHOP, SPOT, TSM, VRTX	AI, E-Commerce, gaming, global, growth, semiconductors, technology	The fund continues to benefit from AI momentum with strong performance from NVIDIA driven by surging global demand for AI chips and major spending announcements from cloud and tech giants. Oracle was added as a new position to benefit from its accelerating cloud service business targeted at AI workloads, with a recently announced deal with OpenAI to build significant data center capacity. Alphabet is showing improved revenue growth and is expected to benefit from its latest AI model, Gemini 2.0.		View
2025 Q3	Oct 24, 2025	NCG Large Cap Growth Strategy	8.4%	14.2%	AAPL, APP, ARM, CRM, CYBR, GEV, HOOD, INSM, ISRG, MDB, NFLX, NOW, NVDA, ORCL, PGR, TEAM, TOST, TYL	AI, growth, infrastructure, Quality, rates, small caps, technology	Artificial intelligence presents great promise for enhancing business models and improving productivity long-term. In the near-term, the infrastructure needed to support AI buildout is spurring significant investment and capital expenditures, driving new growth opportunities for innovative companies across technology, industrials, and energy sectors.	HOOD GEV ORCL MDB APP AAPL NVDA	View
2025 Q3	Oct 15, 2025	ARK Invest	-	-	ACHR, AMD, AMZN, AVAV, COIN, CRSP, HOOD, KTOS, PLTR, PSNL, RBLX, RKLB, ROKU, RXRX, SHOP, TEM, TER, TRMB, TSLA, TWST	AI, crypto, defense, Genomics, growth, innovation, Robotics, technology	ARK views artificial intelligence as one of the Five Innovation Platforms that could play an outsized role in pulling the economy out of the rolling recession. The firm expects AI to accelerate productivity gains and economic growth, particularly as businesses harness new technologies to increase productivity and protect margins during periods of pricing power loss.		View
2025 Q3	Oct 15, 2025	Parnassus Mid Cap Growth Fund	7.9%	-	APP, CMG, DDOG, EFX, GWRE, GWW, HLT, HOOD, ICLR, JBHT, KLAC, MELI, MORN, MPWR, NET, ODFL, PODD, SNDK, TEAM, TER, TTD, VRSK	AI, Cyclical, growth, mid cap, semiconductors, technology, value	The portfolio maintains exposure to artificial intelligence through software and semiconductor companies. AI megatrend is boosting demand for memory and storage, particularly ultra-high-capacity drives. Strong demand for AI applications in system-on-a-chip and memory testing is a major growth driver.		View
2025 Q3	Oct 14, 2025	Alger Mid Cap Focus Fund	14.5%	19.0%	ALAB, AXON, CSU.TO, HOOD, TLN, WING	AI, Cloud, Data centers, financials, growth, mid cap, semiconductors, technology	AI is at an inflection point, potentially enabling significant increases in productivity. Strong demand for AI infrastructure is driving business spending acceleration. Companies like Astera Labs are well positioned in AI computing markets, providing critical connectivity solutions for AI accelerators and data movement.	ALAB HOOD	View
2025 Q3	Oct 14, 2025	Lansing Street Advisors	-	-	HOOD	Capital markets, crypto, Retail Investing, Risk Appetite, Shareholder Capitalism, Speculation, Stock Ownership, US Markets	Crypto is identified as one of three speculative asset classes that crushed both the Mag 7 and S&P 500 since August. The letter notes crypto as part of the degenerate economy trend, with Robinhood generating significant trading fees from crypto transactions alongside options.		View
2025 Q3	Oct 14, 2025	Ithaka US Growth Strategy	1.0%	-	ANET, APH, ASML, CMG, CRM, GOOGL, HOOD, ISRG, NFLX, NOW, NVDA, ORCL, PLTR, SHOP.TO, TTD	AI, Cloud, growth, infrastructure, large cap, semiconductors, technology	Massive AI infrastructure buildout with $400B-$600B in capex for 2025, led by hyperscalers investing $300B-$350B. Companies see once-in-a-generation opportunity to own infrastructure layer of transformative technology. Early productivity gains of 20-50% in software development and customer service, with ChatGPT reaching 800M weekly active users.		View
2025 Q3	Oct 12, 2025	Ashva Capital Management	10.2%	-	DIS, HOOD, XLF	Compounding, financials, Fintech, long-term, Streaming, value	The fund holds XLF for diversified exposure to America's financial sector including banks, insurance, capital markets, mortgage REITs, and consumer finance companies. The manager expects the sector to benefit from declining interest rates, resilient credit quality, and potential yield curve steepening, with Q3 earnings expected to grow roughly 10% on revenue growth of nearly 6%.	HOOD DIS XLF	View
2025 Q3	Oct 12, 2025	TimesSquare Capital Management U.S. Mid Cap Growth Strategy	5.3%	-	ARGX, AXON, BJ, BRO, CW, DASH, EHC, EME, HOOD, IBKR, IDXX, INSM, INSP, NCLH, ORLY, PINS, RNR, ROST, SAIA, TTWO	AI, Capital markets, Data centers, earnings, Fed policy, growth, mid cap, semiconductors	AI remains a dominant theme though some cracks are beginning to appear. Industry participants questioned the pace of infrastructure spending to support AI and how sustainable that would be. With debt levels increasing for the biggest AI spenders, measures of capital spending-to-sales are approaching dot-com peak levels.		View
2025 Q3	Oct 1, 2025	Rigden Capital Strategies	-	-	AMD, AVGO, DAL, DECK, GS, HOOD, IT, JPM, LULU, MSTR, NVDA, PLTR, SMCI, SNOW, STX, TTD, UNH, WDC	AI, earnings, Fed policy, Market Rally, semiconductors, technology, Trade Policy, Valuations	AI euphoria continued to electrify markets, lifting tech stocks 15% on average with semiconductors up 25%. Hyperscalers' massive capex plans drove the theme, which permeated beyond hardware to firms like Palantir and Snowflake, contributing to 60% of the S&P's gains.		View
2025 Q4	Jan 6, 2026	Ghosh Capital	-13.3%	12.6%	AEM, APH, AVGO, CWAN, GOOGL, HOOD, MSFT, MU, NVDA, RHM.DE, SII, WIX	Concentration, Leverage, Options, risk management, SaaS, technology, value	Manager learned hard lessons about position sizing and concentration risk after Kneat position at 30% of portfolio caused significant drawdown. Establishing strict rules around maximum position sizing regardless of conviction level. Used long-dated deep in-the-money options for leverage on Wix and Clearwater Analytics positions but found the inherent leverage made it difficult to hold positions through volatility. Planning to use options more sparingly going forward. Kneat remains largest holding despite poor Q2/Q3 results with net new ARR below expectations due to macro headwinds and deal delays. Company ended 2025 with highest number of new strategic customer wins in history, setting up for growth in 2026-2027.	WIX KSI CN	View
2024 Q4	Jan 3, 2025	Ghosh Capital	11.4%	-	ADBE, AMD, ASML, BRZE, CRWD, CSU.TO, GOOGL, HOOD, KPG.AX, KSI.TO, MELI, MU, NVDA, SPGI, TEAM, V, WDAY	AI, Cloud, compounders, Concentration, growth, semiconductors, technology, value	Manager discusses AI as a key investment theme, highlighting Alphabet's decades of AI research leadership and Sergey's return to work on AI. Notes that AI-enabled search over Jira and Confluence represents perfect GenAI use cases for B2B settings. Views Adobe's video generation capabilities and AI tooling as underappreciated by the market.		View
2025 Q4	Jan 28, 2026	GMO	-	-	2222.SR, AAPL, AMZN, AVGO, BLK, CSCO, GM, GOOGL, HOOD, META, MSFT, NVDA, ORCL, OWL, PLTR, TSLA, TSM	AI, Bubbles, Data centers, semiconductors, Speculation, technology, valuation	AI represents the most visibly impressive innovation of the last 100 years, comparable to railways in the 19th century. Current large language models suffer from hallucinations but are likely just an opening phase. If AI advances in biotechnology, materials, and energy, the future could be very interesting. The U.S. stock market has been in bubble territory for a prolonged period, defined as a two-standard deviation divergence above long-term real price trend. Unlike every bubble before it, this one has yet to fully deflate despite classic signs of a historic bubble top. Hyperscalers spent nearly $300 billion on capital expenditures in 2025, with AI investment accounting for 1.3% of U.S. GDP. Cumulative spending on U.S. data centers is estimated to reach $3-5 trillion by 2029-2030, representing massive overcommitment of capital. Nvidia is currently the world's most valuable company, exceeding the entire Japanese stock market. The AI boom has created unprecedented demand for chips, with companies stretching depreciation schedules despite ongoing technological progress that should shorten useful chip lives. There has been a surge in aggressive speculative behavior with commission-free trading, plentiful margin loans, and leveraged ETFs. Zero-day options now make up over 60% of all S&P 500 options, alongside the GameStop meme stock craze and cryptocurrency rise. By every historically effective valuation metric, U.S. equities are extremely overpriced. The CAPE of 40 is above any level seen outside the internet bubble peak, with the market cap to GDP ratio at all-time highs and record proportions trading at over 10 times sales.		View
2025 Q4	Jan 21, 2026	Columbia Global Technology Growth Fund	2.0%	25.1%	AAPL, AMZN, ASML, AVGO, GOOGL, HOOD, LRCX, META, MSFT, MU, NFLX, NOW, NVDA, ORCL, TSM	AI, Cloud, global, growth, semiconductors, technology	The fund views AI as being in early innings of a long-term secular growth trend that will take years or decades to play out. The quarter marked a critical transition from experimental pilots to scaled enterprise implementations, with markets scrutinizing elevated investment levels and the path from capital expenditure to cash-flow generation. AI-driven demand is driving insatiable chip demand and productivity gains of 10-30% for knowledge workers. Semiconductor companies experienced strong performance driven by AI demand, with memory-chip suppliers surging on supply constraints. Taiwan Semiconductor Manufacturing received overwhelming validation of insatiable AI chip demand, while Micron Technology sold out its entire 2026 production of advanced memory chips with pricing locked through the following year. The sector benefits from continuous capacity expansion requirements. Cloud infrastructure remains a key focus with AI-driven demand from enterprise customers. Alphabet's cloud business showed strong performance with key contract wins from the Pentagon and AI pioneer Anthropic. The fund continues to monitor cloud commitments and infrastructure spending as part of AI buildout strategies.	NOW MU TSM GOOGL	View
2025 Q4	Jan 21, 2026	TimesSquare Capital Management U.S. Mid Cap Growth Strategy	-4.7%	9.4%	ALL, AME, ARGX, AXON, CASY, COR, CRS, CSL, DASH, EME, HOOD, INSM, ORLY, PINS, POOL, RGEN, ROST, TPG, TTWO, VEEV	AI, consumer, financials, growth, healthcare, industrials, mid cap, technology	Take-Two Interactive delivered solid fiscal second-quarter results with 20% year-over-year growth in recurring consumer spending. The delay of Grand Theft Auto 6 launch from May to November 2026 caused shares to fall sharply, presenting an opportunity to add to the position on weakness. JFrog saw significant pipeline growth in its security add-on following the NPM supply chain attack, driving a 32% rally. The manager anticipates significant acceleration in AI adoption as 2026 unfolds, with Bentley Systems positioned to benefit from increased application usage driven by AI adoption in civil engineering. argenx showed strong progress in its Vyvgart franchise with multiple catalysts over the next 12 months. Insmed advanced 21% with positive reception for Brensocatib launch. Repligen delivered double-digit growth across business and geographies with healthy consumable demand and outperforming equipment sales. Demand for security increased following the recent NPM supply chain attack. JFrog's security add-on which secures open-source packages before organizations onboard them has seen significant pipeline growth, highlighting the critical need for software supply chain security. Carpenter Technology serves as a key supplier to aerospace and defense markets, with strong fiscal first quarter results and higher forward guidance lifting the stock 28%. Defense was highlighted as showing solid sales for Amphenol's electrical connectors business. Bentley Systems is positioned to benefit from global investment in mining and electric grids, and large regional infrastructure projects. The implementation of the One Big Beautiful Bill is projected to catalyze corporate capital spending according to the manager's outlook.	AMAT AXON PINS TTWO	View
2025 Q4	Jan 21, 2026	Pantera Capital	0.0%	0.0%	3662.T, COIN, HOOD, JPM	AI, Bitcoin, Blockchain, crypto, ETFs, Institutional, Prediction Markets	2025 was dominated by macro, positioning, and flows rather than fundamentals for crypto markets. Bitcoin finished down 6%, Ethereum down 11%, while broader tokens declined 60%. The non-bitcoin token market has been in a bear market since December 2024, with structural headwinds including value accrual challenges and slowing on-chain activity. AI is revolutionizing on-chain security with real-time fraud detection and smart contract debugging. Consumer AI platforms will surge with hyper-personalized crypto experiences. AI security tools are detecting millions in blockchain vulnerabilities and will transform governance with deterministic, verifiable rules. ETF flows played a significant role in crypto markets, with institutional adoption concentrated in ETF-format assets like bitcoin, ethereum, and Solana. Speculative capital rotated to other sectors including gold, silver, and quantum computing ETFs, while digital asset ETF flows slowed and turned negative.		View
2025 Q4	Jan 21, 2026	NCG Large Cap Growth Strategy	1.0%	15.3%	AAPL, AMD, GE, GHI, GOOGL, HOOD, KNSL, MDB, MSFT, NFLX, ORCL, PGR, ROKU, SAIA, SPOT	active management, growth, Outperformance, Quality, small caps, technology	The firm emphasizes investing in high-quality growth companies with proven business models and sustainable growth drivers. They note that quality factors worked against active managers in 2025, with low-quality stocks significantly outperforming high-quality names. Small cap earnings growth turned positive during 2025 and is expected to stay positive and potentially accelerate in 2026. Small caps continue to trade at a relative discount to large caps, presenting an opportunity for this discount to narrow. The firm maintains significant exposure to AI infrastructure and sees an accelerated pace of innovation happening across various industries. Their technology holdings are diversified across AI infrastructure among other areas.		View
2025 Q4	Jan 21, 2026	Harbor Mid Cap Value Fund	4.1%	16.0%	AMKR, BK, CFG, COIN, EA, ENS, EXPE, FOXA, GM, GTX, HIW, HLF, HOG, HOOD, HPQ, JAZZ, KR, NEU, OC, PHM, PLAB, PVH, SNDK, STT, TXT, WBD, WDC	Buybacks, consumer discretionary, dividends, financials, mid cap, technology, value	The fund maintains its disciplined value investment approach, seeking high-quality, profitable companies that generate cash, pay dividends, and repurchase shares. Mid- and small-cap value stocks continue to trade at attractive multiples despite strong relative performance. AI-driven demand for storage led to strong earnings and increases in revenue growth and margins for technology holdings. AI-related technology stocks may appear priced to perfection, but the fund continues to identify opportunities among mid-cap value stocks. The fund seeks companies that repurchase shares, viewing aggressive stock buybacks positively. Several holdings including General Motors, Garrett Motion, and EnerSys have been aggressively buying back stock.	AMKR EA ENS GTX	View
2025 Q4	Jan 14, 2026	ARK Invest	0.0%	0.0%	ACHR, AMD, AVAV, COIN, CRSP, DE, GH, GOOG, HOOD, KTOS, PLTR, RBLX, RKLB, ROKU, SHOP, TEM, TER, TRMB, TSLA, TWST	AI, crypto, defense, Genomics, innovation, productivity, Robotics, technology	ARK believes convergences among major platforms like AI, robotics, energy storage, public blockchain technology, and multiomics sequencing should accelerate non-farm productivity growth to 4–6% on a year-over-year basis. AI-related spending boom on data centers and power plants began in late 2022. Strong demand for AI-related chip testing and semiconductor testing across compute, networking, and memory. Robotics is identified as one of the major transformative innovation platforms that should converge with AI and other technologies to drive productivity gains. The ARK Autonomous Technology and Robotics ETF focuses on companies developing autonomous mobility, humanoid robots, and intelligent devices. Energy storage is highlighted as one of the key transformative innovation platforms that will converge with AI, robotics, blockchain, and multiomics sequencing to accelerate productivity growth and economic transformation in the coming years. ARK sees favorable policy shifts around crypto as supportive headwinds shifting into structural tailwinds for innovation. Coinbase faced challenges from weakness in crypto market trading activity, with quarterly spot trading volumes declining 9% quarter-over-quarter. The firm maintains exposure through Bitcoin ETFs and crypto-related companies. Multiomics sequencing is identified as one of the major transformative platforms. The genomics space benefited from increasingly positive sentiment following Abbott's acquisition of Exact Sciences. Companies like Guardant Health and Natera showed strong performance with significant revenue growth and clinical trial successes. Defense spending represents a significant opportunity with the U.S. Army announcing plans to purchase at least one million drones in the next 2–3 years. Companies like Kratos Defense, AeroVironment, and Rocket Lab are positioned in this space, though innovation-based defense stocks experienced broad sell-offs during the quarter.		View
2025 Q4	Jan 12, 2026	ClearBridge Investment Growth Strategy	-	-	ALNY, AVGO, DLB, DOCS, ELF, FCX, HLT, HOOD, MSGE, MSGS, ODFL, ONON, SHOP, TEL, TJX, TKO, UNH, VRTX, VST, XPO	AI, balance, growth, innovation, semiconductors, technology, volatility	The letter outlines a balanced growth approach combining participation in AI-driven momentum with downside protection through diversified stock selection. Emphasis is placed on companies with durable fundamentals, innovation-led growth, and disciplined capital allocation. Growth investing is positioned as increasingly selective amid heightened volatility and dispersion.	ELF SHOP	View
2024 Q2	Jul 31, 2024	Gator Capital Management	10.8%	24.3%	AX, BANC, BARC.L, CG, CUBI, EWBC, FBP, FCNCA, HOOD, JXN, PNFP, PYPL, SLM, UMBF, WAL, WBS, WTFC	credit, financials, Growth Banks, Rate Cuts, Regional Banks, valuation	Regional banks rallied strongly in July due to tame inflation, prospects of more favorable regulatory environment, and better-than-expected earnings. The Fund benefited from extreme negative positioning by other investors who had been using regional bank ETF as large short position. Manager believes regional banks remain cheap compared to history with coming rate cuts driving earnings higher.		View
2024 Q2	Jul 23, 2024	Pantera Capital	0.0%	0.0%	HOOD, TSLA	AI, Blockchain, crypto, ETF, Politics, regulation, venture	Political pivot toward crypto with Trump's pro-crypto stance changing market dynamics. SEC approved ethereum ETF, effectively admitting ethereum is not a security. Regulatory shift from hostile to supportive creating massive opportunity for US blockchain industry growth.		View
2025 Q1	Apr 14, 2025	Parnassus Mid Cap Growth Fund	-10.0%	-10.0%	A, APP, ARES, BILL, BLDR, BR, CMG, CTAS, DDOG, EFX, FTNT, GWRE, HLT, HOOD, ICLR, JBHT, KLAC, MELI, NTRA, ODFL, ORLY, ROST, SQ, TER, TTD, VRSK, WDAY, WST	AI, growth, Housing, industrials, Logistics, mid cap, semiconductors, technology	DeepSeek's emergence as a Chinese AI challenger triggered sharp selloffs in AI software and infrastructure stocks. The market faced concerns about slowing AI capex spending, affecting momentum-led growth stocks significantly.		View
2024 Q4	Jan 28, 2025	Gator Capital Management	14.2%	41.9%	AX, BOH, C, COLB, CUZ, FCNCA, GLE.PA, HIFS, HONE, HOOD, JPM, JXN, KINS, NBN, OFG, PNFP, SLM, TCBI, UMBF, VNO	Banking, Capital markets, financials, interest rates, M&A, Regional Banks	Manager remains optimistic about regional banks in 2025, citing benefits from interest rate cuts, expected loan growth acceleration, and improved M&A environment under new administration. Regional banks are viewed as undervalued compared to historical averages and positioned to benefit from flattened yield curve and repricing of maturing loans.	GLE.PA	View
2024 Q4	Jan 13, 2025	Pantera Capital	-	-	AAPL, AMZN, BLK, COIN, GOOGL, HOOD, JPM, NVDA, PYPL, SNE	AI, Bitcoin, Blockchain, crypto, DeFi, ETFs, gaming, Stablecoins	2025 marks a turning point for crypto adoption with regulatory clarity emerging. The convergence of gateways, developer tools, and applications will unlock mainstream adoption. Blockchain networks secure $3 trillion in crypto assets with potential for 300x growth as global financial assets migrate onchain.		View

Pitches With This Ticker

Date	Pitch Type	Author	Company	Industry	Sub Industry	Bull / Bear	Stock Exchange	Keywords	Action
May 17, 2026	Seeking Alpha	Seeking Alpha	Robinhood Markets, Inc.	Financial Services	Brokerage	Bull	Nasdaq Stock Market	buy-the-dip, Digital Brokerage, Early Dividends, European markets, net interest income, prediction markets, product expansion, profit margins, Robinhood, Trump accounts	View Pitch
Apr 28, 2026	Fund Letters	Ithaka US Growth Strategy	Robinhood Markets	Capital Markets	Investment Banking & Brokerage	Bear	NASDAQ	commission-free trading, cryptocurrency, Fintech, Fractional Shares, Mobile Platform, Retail Investing, Young Demographics	View Pitch
Apr 13, 2026	Fund Letters	Springview Capital Management	Robinhood Markets	Diversified Financial Services	Investment Banking & Brokerage	Bull	NASDAQ	brand strength, commission-free trading, Cryptocurrency Trading, Fintech, founder-led, international expansion, market share gains, Mobile Platform, Retail Brokerage, User growth	View Pitch
Apr 13, 2026	Fund Letters	Baron FinTech Fund	Robinhood Markets, Inc.	Financials	Investment Banking & Brokerage	Bull	NASDAQ	AI-Powered Tools, digital banking, Gold Subscribers, market share, Online Broker, product innovation, trading volumes	View Pitch
Apr 13, 2026	Fund Letters	Columbia Global Technology Growth Fund	Robinhood Markets	Financials	Capital Markets	Bull	NASDAQ	Cryptocurrencies, Digital Finance, Fintech, international expansion, Online Brokerage, S&P 500, Trading Platform	View Pitch
Apr 13, 2026	Fund Letters	Alger Mid Cap Focus Fund	Robinhood Markets, Inc.	Financials	Investment Banking & Brokerage	Bull	NASDAQ	AI-Driven Tools, Banking Services, Brokerage, commission-free trading, Financial Platform, Fintech, Retail Investing, wealth management	View Pitch
Apr 13, 2026	Fund Letters	Ashva Capital Management	Robinhood Markets	Diversified Financial Services	Investment Banking & Brokerage	Bull	NASDAQ	Brokerage, cost structure, credit card, Customer Acquisition, Disruptive Platform, Fintech, Retail Finance	View Pitch
Apr 9, 2026	Fund Letters	Jacob Fund	Robinhood	Capital Markets	Investment Banking & Brokerage	Bull	NASDAQ	commission-free trading, crypto trading, financial services, Financial Super App, Fintech, Payment for Order Flow, prediction markets, Tokenization	View Pitch
Feb 26, 2026	Fund Letters	Joe	Robinhood Markets, Inc.	Financials	Investment Banking & Brokerage	Bull	NASDAQ	Brokerage, Crypto, Integration, Tokenization, Volumes	View Pitch
Feb 26, 2026	Fund Letters	Joe	Robinhood Markets, Inc.	Financials	Investment Banking & Brokerage	Bull	NASDAQ	Brokerage, Crypto, Derivatives, Execution, growth, Tokenization	View Pitch
Feb 21, 2026	Fund Letters	Josh Saltman	Robinhood Markets, Inc.	Financials	Investment Banking & Brokerage	Bull	NASDAQ	Crypto, Engagement, monetization, platform, Retail trading	View Pitch
Feb 4, 2026	Seeking Alpha	Seeking Alpha	Robinhood Markets Inc.	Financial Technology	Retail Brokerage	Bear	NASDAQ Stock Market	commission-free trading, earnings release, Fintech, market correction, meme stock, Retail Investors, Robinhood, S&P 500, trading volume, valuation	View Pitch
Jan 23, 2026	Twitter / X	@SixSigmaCapital	Robinhood Markets, Inc.	Financials	Investment Banking & Brokerage	Bear	NASDAQ	Crypto, Down, Down Mom, HOOD, Interest, Mom, Net Interest, Options	View Pitch
Jan 8, 2026	Fund Letters	Guy Baron	Robinhood Markets, Inc.	Financials	Capital Markets	Bull	NASDAQ	asset growth, Crypto, Fintech, founder-led, Retail trading, turnaround	View Pitch
Jan 8, 2026	Value Investors Club	onodacapital	Robinhood Markets, Inc.	Financials	Banks	Bear	NASDAQ	banking, Credit, Deposits, financial services, Interest rates, Lending	View Pitch
Dec 6, 2025	Fund Letters	Shilpa Marda Mehra	Robinhood Markets, Inc.	Financials	Capital Markets	Bull	NASDAQ	Brokerage, Cryptocurrencies, Fintech, Retail Investing, User growth	View Pitch
Dec 5, 2025	Fund Letters	Rahul Narang	Robinhood Markets, Inc.	Financials	Capital Markets	Bull	NASDAQ	ARPU, Crypto, Fintech, growth, Trading	View Pitch
Dec 3, 2025	Fund Letters	Ankur Shah	Robinhood Markets, Inc.	Financials	Investment Banking & Brokerage	Bull	NASDAQ	Brokerage, Customer_acquisition, Digitalization, Fintech, Unit_economics	View Pitch
Dec 3, 2025	Fund Letters	Rahul Narang	Robinhood Markets Inc	Financials	Capital Markets	Bull	NASDAQ	Brokerage, Crypto, Fintech, Trading, Volatility	View Pitch
Nov 29, 2025	Fund Letters	Josh Saltman	Robinhood Markets, Inc.	Financials	Investment Banking & Brokerage	Bull	NASDAQ	Brokerage, Engagement, Fintech, growth, Margins, monetization, Options, Regulation	View Pitch
Nov 29, 2025	Fund Letters	Ankur Shah	Robinhood Markets Inc.	Financials	Capital Markets	Bull	NASDAQ	banking, Brokerage, diversification, Fintech, growth, platform	View Pitch
Nov 29, 2025	Fund Letters	Tom Press	Robinhood Markets Inc.	Financials	Capital Markets	Bull	NASDAQ	Crypto, Engagement, expansion, financials, Fintech, growth, Interest income, platform, profitability, Trading	View Pitch
Nov 29, 2025	Fund Letters	Amy Zhang	Robinhood Markets Inc.	Financials	Capital Markets	Bull	NASDAQ	AI, banking, Brokerage, Crypto, Fintech, growth, Margins, platform, Trading	View Pitch
Aug 13, 2025	Seeking Alpha	The Techie	Robinhood Markets, Inc.	Other	-	Neutral	NASDAQ	—	View Pitch
Aug 13, 2025	Seeking Alpha	Cain Lee	Robinhood Markets, Inc.	Financials	Capital Markets	Bear	NASDAQ	—	View Pitch
Aug 13, 2025	Seeking Alpha	James Foord	Robinhood Markets, Inc.	Financials	Capital Markets	Bull	NASDAQ	—	View Pitch
Aug 13, 2025	Seeking Alpha	The Alpha Analyst	Robinhood Markets, Inc.	Financials	Capital Markets	Neutral	NASDAQ	—	View Pitch
Aug 13, 2025	Seeking Alpha	Oliver Rodzianko	Robinhood Markets, Inc.	Financials	Capital Markets	Neutral	NASDAQ	—	View Pitch
Aug 13, 2025	Seeking Alpha	Cyn Research	Robinhood Markets, Inc.	Financials	Capital Markets	Neutral	NASDAQ	—	View Pitch
Aug 8, 2025	Seeking Alpha	Azlaan Mansuri	Robinhood Markets, Inc.	Financials	Capital Markets	Bull	NASDAQ	—	View Pitch
Aug 8, 2025	Seeking Alpha	Jack Elias	Robinhood	Financials	Capital Markets	Neutral	NASDAQ	—	View Pitch
Aug 8, 2025	Seeking Alpha	PropNotes	Robinhood Markets, Inc.	Financials	Capital Markets	Bear	NASDAQ	—	View Pitch

BSD Shareholders of HOOD

This report provides a detailed summary of investor holdings for a specified stock ticker, highlighting key metrics such as fund name, total assets under management (AUM), invested value, portfolio weight, and shares owned. It also tracks changes in share ownership during the last quarter, including the percentage of shares bought or sold and the percentage of outstanding shares owned. The data is generated using an API that processes investor holdings and calculates these values for each fund. This report helps investors and analysts monitor the stock positions of major funds, identify investment trends, and assess the influence of large investors on individual stocks.

Filing Date: September 30, 2025

Manager Name	Fund Name	Fund AUM	Invested Value	Portfolio Weight	Shares Owned	Shares Bought / Sold During Quarter	% Bought / Sold During Quarter	% of Shares Outstanding Owned
No investor data available.

HOOD

HOOD

Letters With This Ticker

Pitches With This Ticker

BSD Shareholders of HOOD

Join for free and get access to the buyside

Get insights from the world's most influential hedge fund investors direct to your inbox

Follow Us On: