Aperture Investors, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Aperture Investors, LLC reported 87 stock positions worth $791.3 million. Its top holding was Cava (CAVA) at 4.5% of the portfolio, followed by Linde (LIN, 4.2%) and Ormat Technologies (ORA, 4.0%). Compared with Q4 2025, it opened 19 new positions, sold out of 12, added to 22 and reduced 30. The biggest buy was Linde (LIN, shares +1188%) and the biggest sale an exit from Dutch Bros Class A (BROS).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001787596
- Portfolio Value
- $791.3M (Q1 2026)
- SEC Filing
- 0001172661-26-002022 ↗ filed May 15, 2026
Holdings Value
Holdings 87 stocks · $791.3M
| CAVA Cava Group Inc. | 4.51% | 440,960 | $35.7M | Reduce -13.9% |
| LIN Linde PLC | 4.21% | 67,215 | $33.3M | Add +1187.9% |
| ORA Ormat Technologies Inc. | 3.97% | 280,899 | $31.4M | Add +21.3% |
| IDCC Interdigital Inc. | 3.96% | 103,670 | $31.3M | Add +45.5% |
| SITM Sitime Corp. | 3.83% | 87,781 | $30.3M | Add +535.3% |
| TIGO Millicom Intl Cellular S.A. | 3.79% | 400,670 | $30.0M | Add +4.6% |
| SN Sharkninja Inc. | 3.49% | 260,533 | $27.6M | Add +32.7% |
| VIAV Viavi Solutions Inc. | 3.30% | 784,513 | $26.1M | New |
| SHAK Shake Shack Inc. Class A | 3.29% | 294,582 | $26.1M | Add +42.1% |
| SPXC SPX Technologies Inc. | 3.23% | 127,776 | $25.5M | Add +5.3% |
| FND Floor & Decor Holdings Inc. Class A | 3.00% | 467,836 | $23.8M | New |
| FSS Federal Signal Corp. | 2.96% | 216,316 | $23.4M | Add +6.0% |
| FPS Forgent Power Solutions Class A | 2.94% | 795,064 | $23.3M | New |
| STRL Sterling Infrastructure Inc. | 2.90% | 56,406 | $23.0M | Reduce -14.6% |
| VXUS Vanguard Total Intl Stock | 2.83% | 290,907 | $22.4M | Reduce -14.2% |
| ALGM Allegro Microsystems Inc. | 2.83% | 709,674 | $22.4M | New |
| POWL Powell Industries Inc. | 2.70% | 39,466 | $21.4M | Reduce -48.5% |
| HLIO Helios Technologies Inc. | 2.49% | 304,003 | $19.7M | New |
| AAON Aaon Inc. | 1.91% | 182,412 | $15.1M | Reduce -29.9% |
| MTN Vail Resorts Inc. | 1.83% | 112,974 | $14.5M | Reduce -25.4% |
| VWO Vanguard Ftse Emerging Marke | 1.80% | 263,332 | $14.2M | No change |
| AGX Argan Inc. | 1.59% | 23,068 | $12.6M | Reduce -57.7% |
| WMB Williams Cos Inc. | 1.53% | 166,514 | $12.1M | Add +12.6% |
| NVDA Nvidia Corp. | 1.49% | 67,546 | $11.8M | Add +85.1% |
| HAYW Hayward Holdings Inc. | 1.42% | 842,087 | $11.3M | Reduce -39.3% |
| CRH CRH PLC | 1.40% | 105,406 | $11.1M | Reduce -9.4% |
| RRX Regal Rexnord Corp. | 1.39% | 58,762 | $11.0M | Reduce -32.2% |
| NDAQ Nasdaq Inc. | 1.30% | 121,137 | $10.3M | Add +12.4% |
| PTON Peloton Interactive Inc. Class A | 1.12% | 2,070,484 | $8.9M | Reduce -30.7% |
| ULS Ul Solutions Inc. Class A | 0.94% | 87,091 | $7.5M | Add +56.7% |
| LITE Lumentum Holdings Inc. | 0.93% | 10,500 | $7.4M | Reduce -81.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.81% | 19,047 | $6.4M | No change |
| TTI Tetra Technologies Inc. | 0.80% | 745,892 | $6.4M | New |
| VSAT Viasat Inc. | 0.73% | 126,000 | $5.8M | Reduce -22.5% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.73% | 4,359 | $5.8M | Add +69.0% |
| AA Alcoa Corp. | 0.64% | 76,002 | $5.0M | Add +10.2% |
| PRMB Primo Brands Corp. | 0.63% | 266,529 | $5.0M | Reduce -1.0% |
| BABA Alibaba Group Holding-SP ADR | 0.61% | 38,483 | $4.8M | No change |
| MTZ Mastec Inc. | 0.60% | 14,803 | $4.8M | Add +34.8% |
| HDB HDFC Bank Ltd.-ADR | 0.59% | 188,760 | $4.7M | No change |
| EQT Eqt Corp. | 0.59% | 73,402 | $4.7M | Reduce -29.1% |
| CTRI Centuri Holdings Inc. | 0.58% | 157,421 | $4.6M | Reduce -27.9% |
| NRG NRG Energy Inc. | 0.55% | 30,000 | $4.4M | New |
| YUMC Yum China Holdings Inc. | 0.55% | 88,612 | $4.3M | Reduce -31.3% |
| ALC Alcon Inc. filed as ALCON AG | 0.54% | 56,423 | $4.3M | No change |
| FIGR Figure Technology Solut Class A | 0.51% | 118,488 | $4.0M | Add +131.2% |
| UAL United Airlines Holdings Inc. | 0.49% | 41,771 | $3.8M | Add +97.6% |
| VST Vistra Corp. | 0.48% | 25,398 | $3.8M | No change |
| SONY Sony Group Corp. - SP ADR | 0.47% | 179,731 | $3.7M | Add +16.2% |
| YSS York Space Systems Inc. | 0.46% | 165,119 | $3.7M | New |
| UL Unilever PLC-Sponsored ADR | 0.44% | 61,691 | $3.5M | Add +146.3% |
| AXON Axon Enterprise Inc. | 0.44% | 8,141 | $3.5M | New |
| IBN Icici Bank Ltd.-Spon ADR | 0.44% | 133,325 | $3.5M | No change |
| SAP Sap SE-Sponsored ADR | 0.42% | 19,441 | $3.3M | No change |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.41% | 33,163 | $3.2M | Reduce -25.7% |
| SXT Sensient Technologies Corp. | 0.39% | 35,533 | $3.1M | New |
| FLS Flowserve Corp. | 0.38% | 41,068 | $3.0M | Reduce -10.9% |
| MSFT Microsoft Corp. | 0.38% | 8,143 | $3.0M | Reduce -46.9% |
| MIR Mirion Technologies Inc. | 0.36% | 151,685 | $2.8M | No change |
| COHR Coherent Corp. | 0.36% | 11,836 | $2.8M | Add +1.4% |
| AMRZ Amrize Ltd. | 0.34% | 47,717 | $2.7M | Reduce -16.6% |
| FCX Freeport-McMoran Inc. | 0.34% | 45,145 | $2.7M | Reduce -47.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.33% | 70,439 | $2.6M | Reduce -28.9% |
| MMM 3M Co. | 0.31% | 16,817 | $2.4M | Reduce -50.0% |
| TRP TC Energy Corp. | 0.30% | 37,909 | $2.4M | New |
| KR Kroger Co. | 0.30% | 32,360 | $2.3M | No change |
| TDS Telephone and Data Systems | 0.29% | 54,292 | $2.3M | New |
| PKG Packaging Corp. of America | 0.28% | 10,390 | $2.2M | Reduce -33.2% |
| AVGO Broadcom Inc. | 0.28% | 7,075 | $2.2M | New |
| APG Api Group Corp. | 0.28% | 53,874 | $2.2M | Reduce -51.0% |
| TLN Talen Energy Corp. | 0.25% | 6,285 | $2.0M | No change |
| GPN Global Payments Inc. | 0.24% | 28,605 | $1.9M | New |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.23% | 22,528 | $1.9M | New |
| MDT Medtronic PLC | 0.21% | 19,024 | $1.6M | No change |
| VNET Vnet Group Inc.-ADR | 0.20% | 187,058 | $1.6M | Reduce -60.8% |
| WRBY Warby Parker Inc. Class A | 0.18% | 68,333 | $1.4M | Add +33.7% |
| CTEV Claritev Corp. | 0.17% | 80,720 | $1.3M | No change |
| ECG Everus Construction Group | 0.15% | 10,272 | $1.2M | Reduce -58.8% |
| RAL Ralliant Corp. | 0.15% | 28,896 | $1.2M | Reduce -56.3% |
| IHRT Iheartmedia Inc. Class A | 0.15% | 400,000 | $1.2M | No change |
| RXO Rxo Inc. | 0.14% | 77,060 | $1.1M | New |
| IHG Intercontinental Hotels-ADR | 0.14% | 8,204 | $1.1M | No change |
| RKT Rocket Cos Inc. Class A | 0.12% | 68,541 | $977K | No change |
| AAOI Applied Optoelectronics Inc. | 0.11% | 10,393 | $879K | New |
| ACMR Acm Research Inc. Class A | 0.10% | 20,484 | $806K | New |
| AMZN Amazon.com Inc. | 0.09% | 3,298 | $687K | Reduce -87.8% |
| FER Ferrovial NV | 0.07% | 7,910 | $515K | New |
Portfolio Sells Q4 2025 → Q1 2026
| BROS Dutch Bros Inc. Class A | Sold out | 0.00% | −3.71 |
| PI Impinj Inc. | Sold out | 0.00% | −2.85 |
| BC Brunswick Corp. | Sold out | 0.00% | −2.58 |
| LITE Lumentum Holdings Inc. | Reduce -81.4% | 0.93% | −1.97 |
| SAIL Sailpoint Inc. | Sold out | 0.00% | −1.63 |
| HAYW Hayward Holdings Inc. | Reduce -39.3% | 1.42% | −1.57 |
| PTON Peloton Interactive Inc. Class A | Reduce -30.7% | 1.12% | −1.45 |
| MTN Vail Resorts Inc. | Reduce -25.4% | 1.83% | −0.98 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.95 |
| AAON Aaon Inc. | Reduce -29.9% | 1.91% | −0.86 |
| AGX Argan Inc. | Reduce -57.7% | 1.59% | −0.80 |
| AMZN Amazon.com Inc. | Reduce -87.8% | 0.09% | −0.79 |
| VXUS Vanguard Total Intl Stock | Reduce -14.2% | 2.83% | −0.74 |
| POWL Powell Industries Inc. | Reduce -48.5% | 2.70% | −0.71 |
| LIND Lindblad Expeditions Holding | Sold out | 0.00% | −0.69 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.69 |
| MSFT Microsoft Corp. | Reduce -46.9% | 0.38% | −0.65 |
| CRH CRH PLC | Reduce -9.4% | 1.40% | −0.63 |
| CEG Constellation Energy | Sold out | 0.00% | −0.54 |
| BUR Burford Capital Ltd. | Sold out | 0.00% | −0.46 |
| MMM 3M Co. | Reduce -50.0% | 0.31% | −0.44 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.43 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -28.9% | 0.33% | −0.38 |
| VNET Vnet Group Inc.-ADR | Reduce -60.8% | 0.20% | −0.37 |
| RAL Ralliant Corp. | Reduce -56.3% | 0.15% | −0.32 |
| YUMC Yum China Holdings Inc. | Reduce -31.3% | 0.55% | −0.31 |
| APG Api Group Corp. | Reduce -51.0% | 0.28% | −0.31 |
| RRX Regal Rexnord Corp. | Reduce -32.2% | 1.39% | −0.31 |
| FCX Freeport-McMoran Inc. | Reduce -47.1% | 0.34% | −0.27 |
| MMYT Makemytrip Ltd. | Sold out | 0.00% | −0.22 |
| CTRI Centuri Holdings Inc. | Reduce -27.9% | 0.58% | −0.19 |
| EQT Eqt Corp. | Reduce -29.1% | 0.59% | −0.18 |
| KOF Coca-Cola Femsa Sab-SP ADR | Reduce -25.7% | 0.41% | −0.18 |
| UNIT Uniti Group Inc. | Sold out | 0.00% | −0.17 |
| PKG Packaging Corp. of America | Reduce -33.2% | 0.28% | −0.17 |
| ECG Everus Construction Group | Reduce -58.8% | 0.15% | −0.14 |
| AMRZ Amrize Ltd. | Reduce -16.6% | 0.34% | −0.09 |
| FLS Flowserve Corp. | Reduce -10.9% | 0.38% | −0.07 |
| VSAT Viasat Inc. | Reduce -22.5% | 0.73% | −0.05 |
| PRMB Primo Brands Corp. | Reduce -1.0% | 0.63% | +0.02 |
| STRL Sterling Infrastructure Inc. | Reduce -14.6% | 2.90% | +0.08 |
| CAVA Cava Group Inc. | Reduce -13.9% | 4.51% | +0.31 |
Portfolio Buys Q4 2025 → Q1 2026
| LIN Linde PLC | Add +1187.9% | 4.21% | +3.90 |
| VIAV Viavi Solutions Inc. | New | 3.30% | +3.30 |
| SITM Sitime Corp. | Add +535.3% | 3.83% | +3.15 |
| FND Floor & Decor Holdings Inc. Class A | New | 3.00% | +3.00 |
| FPS Forgent Power Solutions Class A | New | 2.94% | +2.94 |
| ALGM Allegro Microsystems Inc. | New | 2.83% | +2.83 |
| HLIO Helios Technologies Inc. | New | 2.49% | +2.49 |
| SHAK Shake Shack Inc. Class A | Add +42.1% | 3.29% | +0.94 |
| TIGO Millicom Intl Cellular S.A. | Add +4.6% | 3.79% | +0.83 |
| TTI Tetra Technologies Inc. | New | 0.80% | +0.80 |
| IDCC Interdigital Inc. | Add +45.5% | 3.96% | +0.79 |
| NRG NRG Energy Inc. | New | 0.55% | +0.55 |
| NVDA Nvidia Corp. | Add +85.1% | 1.49% | +0.54 |
| YSS York Space Systems Inc. | New | 0.46% | +0.46 |
| AXON Axon Enterprise Inc. | New | 0.44% | +0.44 |
| SN Sharkninja Inc. | Add +32.7% | 3.49% | +0.42 |
| ORA Ormat Technologies Inc. | Add +21.3% | 3.97% | +0.40 |
| SXT Sensient Technologies Corp. | New | 0.39% | +0.39 |
| ASML ASML Holding NV-NY Reg SHS | Add +69.0% | 0.73% | +0.34 |
| ULS Ul Solutions Inc. Class A | Add +56.7% | 0.94% | +0.33 |
| TRP TC Energy Corp. | New | 0.30% | +0.30 |
| WMB Williams Cos Inc. | Add +12.6% | 1.53% | +0.29 |
| TDS Telephone and Data Systems | New | 0.29% | +0.29 |
| AVGO Broadcom Inc. | New | 0.28% | +0.28 |
| MTZ Mastec Inc. | Add +34.8% | 0.60% | +0.27 |
| GPN Global Payments Inc. | New | 0.24% | +0.24 |
| HSBC HSBC Holdings PLC-Spons ADR | New | 0.23% | +0.23 |
| FIGR Figure Technology Solut Class A | Add +131.2% | 0.51% | +0.22 |
| UL Unilever PLC-Sponsored ADR | Add +146.3% | 0.44% | +0.22 |
| UAL United Airlines Holdings Inc. | Add +97.6% | 0.49% | +0.16 |
| RXO Rxo Inc. | New | 0.14% | +0.14 |
| AA Alcoa Corp. | Add +10.2% | 0.64% | +0.13 |
| AAOI Applied Optoelectronics Inc. | New | 0.11% | +0.11 |
| ACMR Acm Research Inc. Class A | New | 0.10% | +0.10 |
| FER Ferrovial NV | New | 0.07% | +0.07 |
| COHR Coherent Corp. | Add +1.4% | 0.36% | +0.06 |
| WRBY Warby Parker Inc. Class A | Add +33.7% | 0.18% | +0.03 |
| SONY Sony Group Corp. - SP ADR | Add +16.2% | 0.47% | −0.08 |
| FSS Federal Signal Corp. | Add +6.0% | 2.96% | −0.14 |
| NDAQ Nasdaq Inc. | Add +12.4% | 1.30% | −0.16 |
| SPXC SPX Technologies Inc. | Add +5.3% | 3.23% | −0.16 |
Options Activity Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 170,000 | $115.9Mbefore exit |
| NVDA Nvidia Corp. | call | Sold out | 112,500 | $21.0Mbefore exit |
| AVGO Broadcom Inc. | call | Sold out | 23,000 | $8.0Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 12,000 | $7.4Mbefore exit |
| CRH CRH PLC | call | Sold out | 55,000 | $6.9Mbefore exit |
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 |