Aperture Investors, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Aperture Investors, LLC reported 71 stock positions worth $773.9 million. Its top holding was Vertex Class A (VERX) at 4.4% of the portfolio, followed by Cyberark Software Ltd./Israel (CYBR, 3.9%) and Cava (CAVA, 3.7%). Compared with Q3 2024, it opened 10 new positions, sold out of 13, added to 15 and reduced 27. The biggest buy was a new position in Reddit Class A (RDDT) and the biggest sale an exit from Enpro (NPO).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001787596
- Portfolio Value
- $773.9M (Q4 2024)
- SEC Filing
- 0001172661-25-001078 ↗ filed Feb 14, 2025
Holdings Value
Holdings 71 stocks · $773.9M
| VERX Vertex Inc. Class A | 4.36% | 632,698 | $33.8M | Reduce -26.0% |
| CYBR Cyberark Software Ltd./Israel | 3.87% | 90,011 | $30.0M | Reduce -2.5% |
| CAVA Cava Group Inc. | 3.71% | 254,421 | $28.7M | Add +10.7% |
| ACVA Acv Auctions Inc. Class A | 3.55% | 1,272,680 | $27.5M | Reduce -14.3% |
| RDDT Reddit Inc. Class A | 3.47% | 164,180 | $26.8M | New |
| TREX Trex Company Inc. | 3.37% | 378,173 | $26.1M | Reduce -15.4% |
| SN Sharkninja Inc. | 3.31% | 263,077 | $25.6M | Add +10.7% |
| MKSI MKS Inc. filed as MKS INSTRS INC | 3.12% | 230,981 | $24.1M | Reduce -7.3% |
| OS Onestream Inc. | 3.09% | 838,178 | $23.9M | Add +166.3% |
| SHAK Shake Shack Inc. Class A | 2.93% | 174,797 | $22.7M | Reduce -25.2% |
| DSGX The Descartes Systems Grp | 2.92% | 198,931 | $22.6M | Reduce -18.3% |
| TSM Taiwan Semiconductor-SP ADR | 2.84% | 111,287 | $22.0M | Add +503.4% |
| RRX Regal Rexnord Corp. | 2.83% | 141,234 | $21.9M | Reduce -6.7% |
| VXUS Vanguard Total Intl Stock | 2.83% | 371,181 | $21.9M | No change |
| BC Brunswick Corp. | 2.79% | 333,744 | $21.6M | Add +11.7% |
| DUOL Duolingo | 2.77% | 66,215 | $21.5M | Reduce -14.6% |
| CLH Clean Harbors Inc. | 2.76% | 92,964 | $21.4M | Reduce -13.4% |
| RBRK Rubrik Inc. Class A | 2.57% | 304,153 | $19.9M | Reduce -41.0% |
| SPOT Spotify Technology SA | 2.41% | 41,686 | $18.6M | Add +1.0% |
| HAYW Hayward Holdings Inc. | 2.22% | 1,122,078 | $17.2M | New |
| PCOR Procore Technologies Inc. | 2.21% | 228,241 | $17.1M | New |
| RH RH | 1.99% | 39,069 | $15.4M | Add +28.6% |
| FSS Federal Signal Corp. | 1.81% | 151,491 | $14.0M | Reduce -22.0% |
| NVDA Nvidia Corp. | 1.72% | 99,265 | $13.3M | Reduce -38.1% |
| NTRA Natera Inc. | 1.53% | 74,585 | $11.8M | No change |
| VWO Vanguard Ftse Emerging Marke | 1.50% | 263,332 | $11.6M | No change |
| CRH CRH PLC | 1.49% | 124,845 | $11.6M | Add +9.0% |
| ARHS Arhaus Inc. | 1.43% | 1,180,513 | $11.1M | Reduce -37.0% |
| RACE Ferrari NV | 1.21% | 21,905 | $9.4M | New |
| STLA Stellantis NV | 1.20% | 714,408 | $9.3M | New |
| LIND Lindblad Expeditions Holding | 1.12% | 733,462 | $8.7M | Reduce -38.5% |
| BUR Burford Capital Ltd. | 1.03% | 625,570 | $8.0M | Add +3.8% |
| APG Api Group Corp. | 0.97% | 207,697 | $7.5M | Add +33.7% |
| NDAQ Nasdaq Inc. | 0.96% | 96,107 | $7.4M | Reduce -35.5% |
| RXO Rxo Inc. | 0.93% | 301,084 | $7.2M | Reduce -28.6% |
| SONY Sony Group Corp. - SP ADR | 0.90% | 328,755 | $7.0M | Reduce -52.5% |
| MSFT Microsoft Corp. | 0.88% | 16,190 | $6.8M | No change |
| VST Vistra Corp. | 0.86% | 48,376 | $6.7M | Add +32.8% |
| MIR Mirion Technologies Inc. | 0.84% | 371,570 | $6.5M | Add +0.6% |
| HDB HDFC Bank Ltd.-ADR | 0.82% | 99,116 | $6.3M | Reduce -6.9% |
| AMZN Amazon.com Inc. | 0.81% | 28,616 | $6.3M | Reduce -0.0% |
| YUMC Yum China Holdings Inc. | 0.72% | 116,347 | $5.6M | No change |
| MDT Medtronic PLC | 0.66% | 63,686 | $5.1M | No change |
| CRM Salesforce Inc. | 0.63% | 14,615 | $4.9M | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.61% | 54,460 | $4.7M | No change |
| MMM 3M Co. | 0.57% | 34,400 | $4.4M | Add +27.1% |
| SAP Sap SE-Sponsored ADR | 0.57% | 17,903 | $4.4M | No change |
| CCEP Coca-Cola Europacific Partne | 0.56% | 56,766 | $4.4M | No change |
| IBN Icici Bank Ltd.-Spon ADR | 0.55% | 143,575 | $4.3M | No change |
| AAPL Apple Inc. | 0.53% | 16,227 | $4.1M | Reduce -16.8% |
| TW Tradeweb Markets Inc. Class A | 0.47% | 27,762 | $3.6M | Reduce -13.9% |
| RNW Renew Energy Global PLC-A | 0.45% | 509,336 | $3.5M | New |
| SPGI S&P Global Inc. | 0.44% | 6,828 | $3.4M | Add +41.2% |
| BABA Alibaba Group Holding-SP ADR | 0.41% | 37,531 | $3.2M | No change |
| ALC Alcon Inc. filed as ALCON AG | 0.39% | 35,820 | $3.0M | No change |
| LIN Linde PLC | 0.39% | 7,230 | $3.0M | Reduce -83.4% |
| FTAI Ftai Aviation Ltd. | 0.36% | 19,297 | $2.8M | Reduce -0.9% |
| UAL United Airlines Holdings Inc. | 0.35% | 27,946 | $2.7M | Add +80.2% |
| MTLS Materialise NV-ADR | 0.35% | 381,371 | $2.7M | New |
| PLYA Playa Hotels & Resorts NV | 0.34% | 209,663 | $2.7M | New |
| FCX Freeport-McMoran Inc. | 0.32% | 64,374 | $2.5M | No change |
| AZN Astrazeneca PLC-Spons ADR | 0.29% | 33,732 | $2.2M | No change |
| XPO Xpo Inc. | 0.28% | 16,686 | $2.2M | No change |
| MEOH Methanex Corp. | 0.26% | 40,332 | $2.0M | New |
| FLUT Flutter Entertainment PLC-Di | 0.26% | 7,763 | $2.0M | No change |
| IP International Paper Co. | 0.25% | 36,538 | $2.0M | No change |
| KR Kroger Co. | 0.25% | 31,606 | $1.9M | New |
| DASH DoorDash Inc. Class A | 0.24% | 11,178 | $1.9M | Reduce -65.8% |
| CEG Constellation Energy | 0.22% | 7,660 | $1.7M | Reduce -52.5% |
| META Meta Platforms Inc. Class A | 0.21% | 2,752 | $1.6M | No change |
| IHG Intercontinental Hotels-ADR | 0.13% | 8,204 | $1.0M | Reduce -47.9% |
Options reported separately and not counted above: C calls ($10.3M), GOOGL calls ($6.0M), AMZN calls ($3.3M), XLE calls ($2.7M).
Portfolio Sells Q3 2024 → Q4 2024
| NPO Enpro Inc. | Sold out | 0.00% | −3.32 |
| LIN Linde PLC | Reduce -83.4% | 0.39% | −2.25 |
| SKY Champion Homes Inc. | Sold out | 0.00% | −1.72 |
| ARHS Arhaus Inc. | Reduce -37.0% | 1.43% | −1.49 |
| PRMW Primo Water Corp. | Sold out | 0.00% | −0.81 |
| SONY Sony Group Corp. - SP ADR | Reduce -52.5% | 0.90% | −0.80 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.78 |
| NVDA Nvidia Corp. | Reduce -38.1% | 1.72% | −0.75 |
| RXO Rxo Inc. | Reduce -28.6% | 0.93% | −0.57 |
| CLH Clean Harbors Inc. | Reduce -13.4% | 2.76% | −0.53 |
| FSS Federal Signal Corp. | Reduce -22.0% | 1.81% | −0.50 |
| ATMU Atmus Filtration Technologie | Sold out | 0.00% | −0.49 |
| LFUS Littelfuse Inc. | Sold out | 0.00% | −0.45 |
| NDAQ Nasdaq Inc. | Reduce -35.5% | 0.96% | −0.42 |
| TREX Trex Company Inc. | Reduce -15.4% | 3.37% | −0.41 |
| CHWY Chewy Inc. Class A | Sold out | 0.00% | −0.40 |
| RRX Regal Rexnord Corp. | Reduce -6.7% | 2.83% | −0.36 |
| GXO Gxo Logistics Inc. | Sold out | 0.00% | −0.35 |
| DASH DoorDash Inc. Class A | Reduce -65.8% | 0.24% | −0.35 |
| MKSI MKS Inc. | Reduce -7.3% | 3.12% | −0.32 |
| CEG Constellation Energy | Reduce -52.5% | 0.22% | −0.31 |
| CART Maplebear Inc. | Sold out | 0.00% | −0.29 |
| ACVA Acv Auctions Inc. Class A | Reduce -14.3% | 3.55% | −0.28 |
| LIND Lindblad Expeditions Holding | Reduce -38.5% | 1.12% | −0.28 |
| DSGX The Descartes Systems Grp | Reduce -18.3% | 2.92% | −0.26 |
| NE Noble Corp. PLC | Sold out | 0.00% | −0.24 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −0.22 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.22 |
| SHAK Shake Shack Inc. Class A | Reduce -25.2% | 2.93% | −0.13 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.11 |
| IHG Intercontinental Hotels-ADR | Reduce -47.9% | 0.13% | −0.09 |
| AAPL Apple Inc. | Reduce -16.8% | 0.53% | −0.05 |
| TW Tradeweb Markets Inc. Class A | Reduce -13.9% | 0.47% | −0.04 |
| HDB HDFC Bank Ltd.-ADR | Reduce -6.9% | 0.82% | −0.03 |
| DUOL Duolingo | Reduce -14.6% | 2.77% | −0.00 |
| FTAI Ftai Aviation Ltd. | Reduce -0.9% | 0.36% | +0.03 |
| AMZN Amazon.com Inc. | Reduce -0.0% | 0.81% | +0.13 |
| VERX Vertex Inc. Class A | Reduce -26.0% | 4.36% | +0.18 |
| CYBR Cyberark Software Ltd./Israel | Reduce -2.5% | 3.87% | +0.45 |
| RBRK Rubrik Inc. Class A | Reduce -41.0% | 2.57% | +0.46 |
Portfolio Buys Q3 2024 → Q4 2024
| RDDT Reddit Inc. Class A | New | 3.47% | +3.47 |
| TSM Taiwan Semiconductor-SP ADR | Add +503.4% | 2.84% | +2.43 |
| HAYW Hayward Holdings Inc. | New | 2.22% | +2.22 |
| PCOR Procore Technologies Inc. | New | 2.21% | +2.21 |
| OS Onestream Inc. | Add +166.3% | 3.09% | +1.73 |
| RACE Ferrari NV | New | 1.21% | +1.21 |
| STLA Stellantis NV | New | 1.20% | +1.20 |
| RH RH | Add +28.6% | 1.99% | +0.70 |
| SPOT Spotify Technology SA | Add +1.0% | 2.41% | +0.48 |
| RNW Renew Energy Global PLC-A | New | 0.45% | +0.45 |
| MTLS Materialise NV-ADR | New | 0.35% | +0.35 |
| PLYA Playa Hotels & Resorts NV | New | 0.34% | +0.34 |
| MIR Mirion Technologies Inc. | Add +0.6% | 0.84% | +0.32 |
| APG Api Group Corp. | Add +33.7% | 0.97% | +0.31 |
| VST Vistra Corp. | Add +32.8% | 0.86% | +0.31 |
| MEOH Methanex Corp. | New | 0.26% | +0.26 |
| KR Kroger Co. | New | 0.25% | +0.25 |
| UAL United Airlines Holdings Inc. | Add +80.2% | 0.35% | +0.24 |
| CRH CRH PLC | Add +9.0% | 1.49% | +0.14 |
| SPGI S&P Global Inc. | Add +41.2% | 0.44% | +0.12 |
| MMM 3M Co. | Add +27.1% | 0.57% | +0.10 |
| CAVA Cava Group Inc. | Add +10.7% | 3.71% | +0.09 |
| SN Sharkninja Inc. | Add +10.7% | 3.31% | +0.03 |
| BUR Burford Capital Ltd. | Add +3.8% | 1.03% | +0.02 |
| BC Brunswick Corp. | Add +11.7% | 2.79% | −0.39 |
Options Activity Q3 2024 → Q4 2024
| C Citigroup Inc. | call | New | 147,000 | $10.3M |
| GOOGL Alphabet Inc. Class A | call | New | 31,500 | $6.0M |
| AMZN Amazon.com Inc. | call | New | 15,000 | $3.3M |
| XLE SS Energy Select Sector | call | New | 31,800 | $2.7M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 82 | $941.6M | SN, STRL, IDCC, SPXC, LIN |
| Q1 2026 | 87 | $791.3M | CAVA, LIN, ORA, IDCC, SITM |
| Q4 2025 | 80 | $716.3M | CAVA, BROS, ORA, VXUS, POWL |
| Q3 2025 | 79 | $719.9M | AAON, IDCC, STRL, AGX, MTN |
| Q2 2025 | 78 | $744.1M | CYBR, CAVA, SN, VERX, CLH |
| Q1 2025 | 75 | $657.8M | CLH, CYBR, TREX, AAON, CAVA |
| Q4 2024 | 71 | $773.9M | VERX, CYBR, CAVA, ACVA, RDDT |
| Q3 2024 | 74 | $787.4M | VERX, ACVA, TREX, CAVA, MKSI |
| Q2 2024 | 78 | $682.8M | CYBR, VERX, MKSI, TREX, CLH |
| Q1 2024 | 77 | $781.3M | LIN, CLH, CYBR, TREX, VERX |