Avalon Global Asset Management LLC In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Avalon Global Asset Management LLC reported 26 stock positions worth $294.7 million . Its top holding was Palo Alto Networks (PANW) at 7.8% of the portfolio, followed by Nvidia (NVDA, 7.8% ) and CrowdStrike Class A (CRWD, 7.6% ). Compared with Q4 2024, it opened 5 new positions, sold out of 5, added to 10 and reduced 5. The biggest buy was a new position in Sherwin-Williams (SHW) and the biggest sale an exit from Advanced Micro Devices (AMD).
Location SAN FRANCISCO, CA
CIK 0001314273
Portfolio Value $294.7M (Q1 2025) Holdings 26 stocks · $294.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 PANW Palo Alto Networks Inc. 134,640 $23.0M Add +1.7% NVDA Nvidia Corp. 211,800 $23.0M Reduce -26.3% CRWD CrowdStrike Holdings Inc. Class A 63,340 $22.3M Reduce -14.8% AMZN Amazon.com Inc. 109,600 $20.9M Add +1.6% SNOW Snowflake Inc. 142,200 $20.8M Add +13.8% NOW ServiceNow Inc. 25,920 $20.6M Add +1.6% AAPL Apple Inc. 79,580 $17.7M Add +1.6% HD Home Depot Inc. 43,200 $15.8M Add +1.4% DKS Dick's Sporting Goods Inc. 65,900 $13.3M Add +31.8% ETN Eaton Corp. PLC 47,600 $12.9M Add +5.5% SHW The Sherwin-Williams Co. 30,000 $10.5M New SLAB Silicon Laboratories Inc. 90,000 $10.1M Reduce -12.5% MU Micron Technology Inc. 110,560 $9.6M Reduce -3.5% ADI Analog Devices Inc. 45,300 $9.1M No change NET Cloudflare Inc. Class A 80,400 $9.1M No change LLY Eli Lilly & Co. 10,000 $8.3M No change CR Crane Co. 45,000 $6.9M New PH Parker Hannifin Corp. 10,100 $6.1M No change LUXE Luxexperience BV filed as MYT NETHERLANDS PARENT B V 805,000 $6.1M No change LULU Lululemon Athletica Inc. 20,140 $5.7M Add +5.6% GOOG Alphabet Inc. Class C 33,500 $5.2M Reduce -13.0% GOOGL Alphabet Inc. Class A 32,200 $5.0M No change MTSI Macom Technology Solutions H 40,700 $4.1M Add +14.0% SN Sharkninja Inc. 40,000 $3.3M New TEAM Atlassian Corp. Class A 15,000 $3.2M New CVNA Carvana Co. 10,000 $2.1M New
Options reported separately and not counted above: TLT calls ($182.1M), QQQ calls ($70.3M), AMZN calls ($38.1M), DELL calls ($36.5M), MPWR calls ($17.4M), DRI puts ($16.6M), CRWD calls ($14.1M), NVDA calls ($13.0M), VRT calls ($10.8M), SNOW calls ($10.2M), NKE calls ($7.6M), WSM calls ($2.4M).
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ AMD Advanced Micro Devices Sold out 0.00% −4.10 VRT Vertiv Holdings Co. Class A Sold out 0.00% −3.18 NVDA Nvidia Corp. Reduce -26.3% 7.79% −3.02 VEEV Veeva Systems Inc. Class A Sold out 0.00% −2.37 DELL Dell Technologies -C Sold out 0.00% −2.26 MPWR Monolithic Power Systems Inc. Sold out 0.00% −2.16 GOOG Alphabet Inc. Class C Reduce -13.0% 1.78% −0.28 SLAB Silicon Laboratories Inc. Reduce -12.5% 3.44% −0.14 CRWD CrowdStrike Holdings Inc. Class A Reduce -14.8% 7.58% +0.45 MU Micron Technology Inc. Reduce -3.5% 3.26% +0.56
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ SHW The Sherwin-Williams Co. New 3.56% +3.56 CR Crane Co. New 2.34% +2.34 SNOW Snowflake Inc. Add +13.8% 7.05% +1.64 DKS Dick's Sporting Goods Inc. Add +31.8% 4.51% +1.30 SN Sharkninja Inc. New 1.13% +1.13 TEAM Atlassian Corp. Class A New 1.08% +1.08 PANW Palo Alto Networks Inc. Add +1.7% 7.80% +1.04 HD Home Depot Inc. Add +1.4% 5.37% +0.73 CVNA Carvana Co. New 0.71% +0.71 AAPL Apple Inc. Add +1.6% 6.00% +0.50 AMZN Amazon.com Inc. Add +1.6% 7.08% +0.44 ETN Eaton Corp. PLC Add +5.5% 4.39% +0.20 MTSI Macom Technology Solutions H Add +14.0% 1.39% +0.09 LULU Lululemon Athletica Inc. Add +5.6% 1.93% −0.11 NOW ServiceNow Inc. Add +1.6% 7.00% −0.57
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ TLT iShares 20+ Year Treasury BD call New 2,000,000 $182.1M QQQ Invesco QQQ Trust Series 1 call New 150,000 $70.3M AMZN Amazon.com Inc. call New 200,000 $38.1M DELL Dell Technologies -C call New 400,000 $36.5M TGT Target Corp. call Sold out 225,000 $30.4Mbefore exit MPWR Monolithic Power Systems Inc. call New 30,000 $17.4M DRI Darden Restaurants Inc. put New 80,000 $16.6M NVDA Nvidia Corp. put Sold out 120,000 $16.1Mbefore exit NVDA Nvidia Corp. call New 120,000 $13.0M VRT Vertiv Holdings Co. Class A call New 150,000 $10.8M SNOW Snowflake Inc. call New 70,000 $10.2M NKE Nike Inc. Class B call New 120,000 $7.6M WSM Williams-Sonoma Inc. call New 15,000 $2.4M
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 30 $679.6M MU, CRWD, NVDA, PANW, SNOW Q1 2026 26 $424.9M NVDA, MU, VRT, CRWD, MPWR Q4 2025 28 $450.0M NVDA, CRWD, MU, SNOW, AMZN Q3 2025 31 $435.9M CRWD, NVDA, SNOW, PANW, AMZN Q2 2025 26 $354.9M NVDA, SNOW, CRWD, PANW, NOW Q1 2025 26 $294.7M PANW, NVDA, CRWD, AMZN, SNOW Q4 2024 26 $356.8M NVDA, NOW, CRWD, PANW, AMZN Q3 2024 26 $324.6M NVDA, NOW, PANW, CRWD, AMZN Q2 2024 30 $337.3M NVDA, CRWD, PANW, NOW, AMZN Q1 2024 30 $310.5M NVDA, CRWD, AMD, NOW, AMZN