In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Chescapmanager LLC reported 21 stock positions worth $480.3 million . Its top holding was Nvidia (NVDA) at 10.4% of the portfolio, followed by Microsoft (MSFT, 9.4% ) and Alphabet Class A (GOOGL, 8.9% ). Compared with Q4 2024, it sold out of 2, added to 5 and reduced 8. The biggest buy was Nvidia (NVDA, shares +118% ) and the biggest sale Vertiv Class A (VRT, shares −7% ).
Location BALTIMORE, MD
CIK 0001697162
Portfolio Value $480.3M (Q1 2025) Holdings 21 stocks · $480.3M 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 NVDA Nvidia Corp. 462,585 $50.1M Add +117.6% MSFT Microsoft Corp. 120,892 $45.4M Add +6.6% GOOGL Alphabet Inc. Class A 275,500 $42.6M Add +34.1% USFD US Foods Holding Corp. 578,457 $37.9M Reduce -10.8% VRT Vertiv Holdings Co. Class A 484,196 $35.0M Reduce -7.3% KBR KBR Inc. 576,444 $28.7M Reduce -0.9% BWXT BWX Technologies Inc. 285,059 $28.1M Reduce -1.2% WSC Willscot Holdings Corp. 896,259 $24.9M Reduce -2.2% AMZN Amazon.com Inc. 119,500 $22.7M Reduce -20.1% DIS The Walt Disney Co. filed as DISNEY WALT CO 217,500 $21.5M Add +4.8% MIR Mirion Technologies Inc. 1,327,895 $19.3M No change FTI Technipfmc PLC 599,458 $19.0M No change CCJ Cameco Corp. 443,656 $18.3M Reduce -2.2% CPNG Coupang Inc. 817,133 $17.9M No change CRON Cronos Group Inc. 7,950,237 $14.4M No change FUN Six Flags Entertainment Corp. 400,817 $14.3M Add +11.1% C Citigroup Inc. 165,076 $11.7M No change GS Goldman Sachs Group Inc. 20,000 $10.9M No change OWL Blue Owl Capital Inc. 463,251 $9.3M No change XLF SS Financial Select Sector 150,000 $7.5M No change GRAB Grab Holdings Ltd. Class A 186,100 $843K Reduce -86.2%
Options reported separately and not counted above: SPY puts ($223.7M), AMZN calls ($66.6M), XLF calls ($49.8M), VRT calls ($36.1M), NVDA calls ($27.1M), SNOW calls ($21.9M), WSC calls ($15.7M), CCJ calls ($10.3M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $38K (not counted above) Security Class Shares / Principal Value Change GRABW Grab Holdings Ltd.-CW 26 *W EXP 99/99/999 100,000 $38K No change
Total filed on the 13F, all lines: $480.3M.
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 ▲ VRT Vertiv Holdings Co. Class A Reduce -7.3% 7.28% −3.52 SNOW Snowflake Inc. Sold out 0.00% −1.97 AMZN Amazon.com Inc. Reduce -20.1% 4.73% −1.23 GRAB Grab Holdings Ltd. Class A Reduce -86.2% 0.18% −0.99 RIVN Rivian Automotive Inc. Class A Sold out 0.00% −0.96 CCJ Cameco Corp. Reduce -2.2% 3.80% −0.44 WSC Willscot Holdings Corp. Reduce -2.2% 5.19% −0.39 KBR KBR Inc. Reduce -0.9% 5.98% −0.15 USFD US Foods Holding Corp. Reduce -10.8% 7.88% −0.08 BWXT BWX Technologies Inc. Reduce -1.2% 5.86% +0.01
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 ▼ NVDA Nvidia Corp. Add +117.6% 10.44% +5.24 GOOGL Alphabet Inc. Class A Add +34.1% 8.87% +1.79 MSFT Microsoft Corp. Add +6.6% 9.45% +0.75 DIS The Walt Disney Co. Add +4.8% 4.47% +0.27 FUN Six Flags Entertainment Corp. Add +11.1% 2.98% −0.19
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put New 400,000 $223.7M GOOGL Alphabet Inc. Class A call Sold out 200,000 $37.9Mbefore exit NVDA Nvidia Corp. call Reduce -50.0% 250,000 $27.1M SNOW Snowflake Inc. call Reduce -40.0% 150,000 $21.9M WSC Willscot Holdings Corp. call Reduce -38.4% 564,700 $15.7M CCI Crown Castle Inc. call Sold out 80,000 $7.3Mbefore exit KBR KBR Inc. call Sold out 75,000 $4.3Mbefore 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 21 $770.0M VRT, MSFT, GOOGL, USFD, CCJ Q1 2026 20 $626.1M VRT, GOOGL, USFD, CCJ, MSFT Q4 2025 19 $606.1M VRT, GOOGL, MSFT, NVDA, USFD Q3 2025 18 $626.3M VRT, NVDA, MSFT, GOOGL, BWXT Q2 2025 19 $596.1M NVDA, VRT, MSFT, GOOGL, USFD Q1 2025 21 $480.3M NVDA, MSFT, GOOGL, USFD, VRT Q4 2024 23 $549.5M VRT, MSFT, USFD, GOOGL, KBR Q3 2024 26 $595.4M VRT, NVDA, MSFT, USFD, GOOGL Q2 2024 27 $633.1M NVDA, VRT, MSFT, USFD, GOOGL Q1 2024 29 $587.9M NVDA, VRT, MSFT, WSC, USFD