Capital Impact Advisors, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Capital Impact Advisors, LLC reported 30 stock positions worth $447.1 million. Its top holding was Nvidia (NVDA) at 11.0% of the portfolio, followed by AppLovin Class A (APP, 6.4%) and Meta Platforms Class A (META, 6.3%). Compared with Q2 2025, it opened 7 new positions, sold out of 7, added to 21 and reduced 2. The biggest buy was Nvidia (NVDA, shares +81%) and the biggest sale an exit from Alphabet Class A (GOOGL).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001602198
- Portfolio Value
- $447.1M (Q3 2025)
- SEC Filing
- 0001172661-25-004981 ↗ filed Nov 14, 2025
Holdings Value
Holdings 30 stocks · $447.1M
| NVDA Nvidia Corp. | 10.95% | 262,442 | $49.0M | Add +80.9% |
| APP AppLovin Corp. Class A | 6.37% | 39,629 | $28.5M | Add +5.0% |
| META Meta Platforms Inc. Class A | 6.33% | 38,544 | $28.3M | Add +43.1% |
| ORCL Oracle Corp. | 4.55% | 72,269 | $20.3M | Reduce -20.7% |
| ANET Arista Networks Inc. | 4.35% | 133,525 | $19.5M | Add +1.8% |
| NFLX Netflix Inc. | 4.09% | 15,250 | $18.3M | Add +16.1% |
| PLTR Palantir Technologies Inc. Class A | 3.84% | 94,022 | $17.2M | New |
| UI Ubiquiti Inc. | 3.80% | 25,706 | $17.0M | Add +11.5% |
| RDDT Reddit Inc. Class A | 3.76% | 73,165 | $16.8M | New |
| DASH DoorDash Inc. Class A | 3.44% | 56,606 | $15.4M | Add +10.0% |
| HOOD Robinhood Markets Inc. Class A | 3.42% | 106,728 | $15.3M | Reduce -44.3% |
| RKLB Rocket Lab Corp. | 3.29% | 306,987 | $14.7M | New |
| TSLA Tesla Inc. | 3.26% | 32,768 | $14.6M | Add +20.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 3.25% | 29,656 | $14.5M | Add +15.9% |
| MEDP Medpace Holdings Inc. | 3.10% | 26,995 | $13.9M | Add +31.7% |
| IBKR Interactive Brokers Gro Class A | 2.78% | 180,496 | $12.4M | New |
| RMD Resmed Inc. | 2.76% | 45,040 | $12.3M | Add +22.2% |
| AFRM Affirm Holdings Inc. | 2.65% | 162,425 | $11.9M | New |
| ABNB Airbnb Inc. Class A | 2.62% | 96,480 | $11.7M | Add +19.2% |
| COIN Coinbase Global Inc. Class A | 2.60% | 34,391 | $11.6M | New |
| NTRA Natera Inc. | 2.34% | 65,059 | $10.5M | Add +33.2% |
| APPF Appfolio Inc. Class A | 2.18% | 35,378 | $9.8M | Add +32.6% |
| TOST Toast Inc. Class A | 1.94% | 237,962 | $8.7M | Add +12.9% |
| DKNG Draftkings Inc. Class A | 1.93% | 231,052 | $8.6M | Add +13.5% |
| EXEL Exelixis Inc. | 1.87% | 202,305 | $8.4M | Add +15.2% |
| AR Antero Resources Corp. | 1.82% | 242,694 | $8.1M | Add +28.4% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 1.75% | 159,395 | $7.8M | New |
| PCTY Paylocity Holding Corp. | 1.75% | 49,041 | $7.8M | Add +45.2% |
| CPAY Corpay Inc. | 1.61% | 25,058 | $7.2M | Add +4.8% |
| CART Maplebear Inc. | 1.59% | 193,886 | $7.1M | Add +26.2% |
Portfolio Sells Q2 2025 → Q3 2025
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −5.22 |
| CRM Salesforce Inc. | Sold out | 0.00% | −3.65 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −3.03 |
| CPRT Copart Inc. | Sold out | 0.00% | −2.19 |
| OKTA Okta Inc. | Sold out | 0.00% | −2.09 |
| HOOD Robinhood Markets Inc. Class A | Reduce -44.3% | 3.42% | −2.04 |
| UTHR United Therapeutics Corp. | Sold out | 0.00% | −2.01 |
| GMED Globus Medical Inc. Class A | Sold out | 0.00% | −1.54 |
| ORCL Oracle Corp. | Reduce -20.7% | 4.55% | −1.51 |
Portfolio Buys Q2 2025 → Q3 2025
| NVDA Nvidia Corp. | Add +80.9% | 10.95% | +3.98 |
| PLTR Palantir Technologies Inc. Class A | New | 3.84% | +3.84 |
| RDDT Reddit Inc. Class A | New | 3.76% | +3.76 |
| RKLB Rocket Lab Corp. | New | 3.29% | +3.29 |
| IBKR Interactive Brokers Gro Class A | New | 2.78% | +2.78 |
| AFRM Affirm Holdings Inc. | New | 2.65% | +2.65 |
| COIN Coinbase Global Inc. Class A | New | 2.60% | +2.60 |
| APP AppLovin Corp. Class A | Add +5.0% | 6.37% | +2.35 |
| TTD Trade Desk Inc./the Class A | New | 1.75% | +1.75 |
| MEDP Medpace Holdings Inc. | Add +31.7% | 3.10% | +1.15 |
| UI Ubiquiti Inc. | Add +11.5% | 3.80% | +0.94 |
| TSLA Tesla Inc. | Add +20.5% | 3.26% | +0.63 |
| APPF Appfolio Inc. Class A | Add +32.6% | 2.18% | +0.31 |
| META Meta Platforms Inc. Class A | Add +43.1% | 6.33% | +0.29 |
| ANET Arista Networks Inc. | Add +1.8% | 4.35% | +0.27 |
| PCTY Paylocity Holding Corp. | Add +45.2% | 1.75% | −0.11 |
| RMD Resmed Inc. | Add +22.2% | 2.76% | −0.13 |
| NTRA Natera Inc. | Add +33.2% | 2.34% | −0.17 |
| DASH DoorDash Inc. Class A | Add +10.0% | 3.44% | −0.41 |
| EXEL Exelixis Inc. | Add +15.2% | 1.87% | −0.48 |
| AR Antero Resources Corp. | Add +28.4% | 1.82% | −0.49 |
| CART Maplebear Inc. | Add +26.2% | 1.59% | −0.52 |
| ABNB Airbnb Inc. Class A | Add +19.2% | 2.62% | −0.60 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +15.9% | 3.25% | −0.71 |
| DKNG Draftkings Inc. Class A | Add +13.5% | 1.93% | −0.72 |
| CPAY Corpay Inc. | Add +4.8% | 1.61% | −0.80 |
| TOST Toast Inc. Class A | Add +12.9% | 1.94% | −0.89 |
| NFLX Netflix Inc. | Add +16.1% | 4.09% | −1.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $1.8B | NVDA, ALAB, GOOGL, META, APP |
| Q1 2026 | 30 | $247.5M | NVDA, META, UI, ANET, PLTR |
| Q4 2025 | 30 | $1.3B | NVDA, META, CART, AFRM, PATH |
| Q3 2025 | 30 | $447.1M | NVDA, APP, META, ORCL, ANET |
| Q2 2025 | 30 | $332.2M | NVDA, ORCL, META, HOOD, NFLX |
| Q1 2025 | 30 | $261.0M | GOOGL, META, NVDA, ORCL, DASH |
| Q3 2024 | 1 | $3.2M | XOVR |
| Q2 2024 | 53 | $35.5M | SMCI, GMED, PEGA, TOST, TWST |
| Q1 2024 | 92 | $76.9M | SMCI, HOOD, TOST, PI, PEGA |