Avalon Global Asset Management LLC In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Avalon Global Asset Management LLC reported 31 stock positions worth $435.9 million . Its top holding was CrowdStrike Class A (CRWD) at 7.9% of the portfolio, followed by Nvidia (NVDA, 7.8% ) and Snowflake (SNOW, 7.4% ). Compared with Q2 2025, it opened 5 new positions, added to 12 and reduced 1. The biggest buy was a new position in Vertiv Class A (VRT) and the biggest sale Generac (GNRC, shares −22% ).
Location SAN FRANCISCO, CA
CIK 0001314273
Portfolio Value $435.9M (Q3 2025) Holdings 31 stocks · $435.9M 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 Q2 2025 CRWD CrowdStrike Holdings Inc. Class A 70,340 $34.5M Add +27.1% NVDA Nvidia Corp. 181,800 $33.9M Add +1.1% SNOW Snowflake Inc. 142,200 $32.1M Add +12.7% PANW Palo Alto Networks Inc. 134,640 $27.4M No change AMZN Amazon.com Inc. 109,600 $24.1M No change NOW ServiceNow Inc. 25,920 $23.9M No change MPWR Monolithic Power Systems Inc. 22,500 $20.7M Add +12.5% AAPL Apple Inc. 79,580 $20.3M No change MU Micron Technology Inc. 120,560 $20.2M No change VRT Vertiv Holdings Co. Class A 120,000 $18.1M New NET Cloudflare Inc. Class A 75,400 $16.2M No change ETN Eaton Corp. PLC 42,600 $15.9M No change HD Home Depot Inc. 38,200 $15.5M No change ZS Zscaler Inc. 50,000 $15.0M Add +42.9% SLAB Silicon Laboratories Inc. 100,000 $13.1M Add +11.1% ADI Analog Devices Inc. 45,300 $11.1M No change CR Crane Co. 55,000 $10.1M No change EMR Emerson Electric Co. 70,000 $9.2M Add +40.0% SHW The Sherwin-Williams Co. 25,000 $8.7M Add +150.0% GOOG Alphabet Inc. Class C 33,500 $8.2M No change LUXE Luxexperience BV 950,000 $8.1M Add +11.1% GOOGL Alphabet Inc. Class A 32,200 $7.8M No change PH Parker Hannifin Corp. 10,100 $7.7M No change GNRC Generac Holdings Inc. 35,000 $5.9M Reduce -22.2% MTSI Macom Technology Solutions H 45,700 $5.7M Add +12.3% SN Sharkninja Inc. 50,000 $5.2M New LULU Lululemon Athletica Inc. 28,640 $5.1M Add +53.6% EW Edwards Lifesciences Corp. 65,000 $5.1M Add +18.2% W Wayfair Inc. Class A 40,000 $3.6M New DKS Dick's Sporting Goods Inc. 10,000 $2.2M New MRVL Marvell Technology Inc. 20,000 $1.7M New
Options reported separately and not counted above: QQQ puts ($240.1M), DELL calls ($70.9M), NVDA calls ($28.0M), TSLA calls ($22.2M), MRVL calls ($18.9M), PHM calls ($17.2M), CRWD calls ($9.8M), LULU calls ($8.9M), ACN calls ($7.4M), PANW calls ($6.1M), ALAB calls ($4.9M), CPRI calls ($4.0M).
Portfolio Sells Q2 2025 → Q3 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 Q2 2025 % Of Portfolio Change To Portfolio ▲ GNRC Generac Holdings Inc. Reduce -22.2% 1.34% −0.47
Portfolio Buys Q2 2025 → Q3 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 Q2 2025 % Of Portfolio Change To Portfolio ▼ VRT Vertiv Holdings Co. Class A New 4.15% +4.15 SN Sharkninja Inc. New 1.18% +1.18 SHW The Sherwin-Williams Co. Add +150.0% 1.99% +1.02 W Wayfair Inc. Class A New 0.82% +0.82 MPWR Monolithic Power Systems Inc. Add +12.5% 4.75% +0.63 DKS Dick's Sporting Goods Inc. New 0.51% +0.51 MRVL Marvell Technology Inc. New 0.39% +0.39 ZS Zscaler Inc. Add +42.9% 3.44% +0.34 EMR Emerson Electric Co. Add +40.0% 2.11% +0.23 CRWD CrowdStrike Holdings Inc. Class A Add +27.1% 7.91% −0.03 EW Edwards Lifesciences Corp. Add +18.2% 1.16% −0.05 LUXE Luxexperience BV Add +11.1% 1.85% −0.06 LULU Lululemon Athletica Inc. Add +53.6% 1.17% −0.08 NVDA Nvidia Corp. Add +1.1% 7.78% −0.22 MTSI Macom Technology Solutions H Add +12.3% 1.31% −0.34 SNOW Snowflake Inc. Add +12.7% 7.36% −0.60 SLAB Silicon Laboratories Inc. Add +11.1% 3.01% −0.73
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ IWM iShares Russell 2000 ETF call Sold out 1,200,000 $258.9Mbefore exit QQQ Invesco QQQ Trust Series 1 put New 400,000 $240.1M DELL Dell Technologies -C call Add +100.0% 500,000 $70.9M NVDA Nvidia Corp. call Reduce -11.8% 150,000 $28.0M VRT Vertiv Holdings Co. Class A call Sold out 200,000 $25.7Mbefore exit MRVL Marvell Technology Inc. call Add +12.5% 225,000 $18.9M DKS Dick's Sporting Goods Inc. call Sold out 90,000 $17.8Mbefore exit PHM Pultegroup Inc. call Reduce -13.3% 130,000 $17.2M DRI Darden Restaurants Inc. call Sold out 60,000 $13.1Mbefore exit TEAM Atlassian Corp. Class A call Sold out 60,000 $12.2Mbefore exit CRWD CrowdStrike Holdings Inc. Class A call Reduce -33.3% 20,000 $9.8M ULTA Ulta Beauty Inc. call Sold out 20,000 $9.4Mbefore exit AAPL Apple Inc. put Sold out 40,000 $8.2Mbefore exit ACN Accenture PLC Class A call New 30,000 $7.4M PANW Palo Alto Networks Inc. call New 30,000 $6.1M ALAB Astera Labs Inc. call New 25,000 $4.9M EL Estee Lauder Companies Class A call Sold out 60,000 $4.8Mbefore exit YETI Yeti Holdings Inc. call Sold out 150,000 $4.7Mbefore exit CPRI Capri Holdings Ltd. call New 200,000 $4.0M NKE Nike Inc. Class B call Sold out 20,000 $1.4Mbefore 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 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