Connective Capital Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Connective Capital Management, LLC reported 66 stock positions worth $141.9 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 25.2% of the portfolio, followed by Proshares Ultra QQQ (QLD, 7.2%) and Intuitive Surgical (ISRG, 6.6%). Compared with Q1 2026, it opened 29 new positions, sold out of 25, added to 13 and reduced 4. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +36%) and the biggest sale an exit from Palo Alto Networks (PANW).
- Most Recent 13F
- Q2 2026
- Location
- PALO ALTO, CA
- CIK
- 0001543568
- Portfolio Value
- $141.9M (Q2 2026)
- SEC Filing
- 0001543568-26-000008 ↗ filed Aug 13, 2026
Holdings Value
Holdings 66 stocks · $141.9M
| QQQ Invesco QQQ Trust Series 1 | 25.25% | 48,645 | $35.8M | Add +35.9% |
| QLD Proshares Ultra QQQ | 7.22% | 105,918 | $10.2M | No change |
| ISRG Intuitive Surgical Inc. | 6.56% | 23,392 | $9.3M | No change |
| AMD Advanced Micro Devices | 4.99% | 12,189 | $7.1M | Add +907.4% |
| TSM Taiwan Semiconductor-SP ADR | 4.44% | 13,191 | $6.3M | New |
| DASH DoorDash Inc. Class A | 4.11% | 31,569 | $5.8M | Add +5.0% |
| NVDA Nvidia Corp. | 4.09% | 29,025 | $5.8M | Add +1731.2% |
| AVGO Broadcom Inc. | 4.02% | 15,089 | $5.7M | Add +1569.1% |
| AAPL Apple Inc. | 3.95% | 19,379 | $5.6M | No change |
| COST Costco Wholesale Corp. | 3.91% | 5,935 | $5.6M | Add +1790.1% |
| MSFT Microsoft Corp. | 3.77% | 14,354 | $5.4M | No change |
| IWO iShares Russell 2000 Growth | 3.74% | 13,453 | $5.3M | No change |
| QCOM Qualcomm Inc. | 3.64% | 27,957 | $5.2M | Reduce -20.2% |
| MRVL Marvell Technology Inc. | 2.64% | 12,580 | $3.7M | New |
| GOOGL Alphabet Inc. Class A | 1.68% | 6,689 | $2.4M | No change |
| CCJ Cameco Corp. | 1.35% | 18,760 | $1.9M | No change |
| AMZN Amazon.com Inc. | 1.27% | 7,580 | $1.8M | Add +23.2% |
| META Meta Platforms Inc. Class A | 1.24% | 3,122 | $1.8M | Add +62.8% |
| MELI MercadoLibre Inc. | 0.99% | 830 | $1.4M | Reduce -33.5% |
| UMAC Unusual Machines Inc. | 0.92% | 58,701 | $1.3M | Reduce -46.1% |
| XBI SS SPDR S&P Biotech ETF | 0.75% | 6,736 | $1.1M | Reduce -71.0% |
| MU Micron Technology Inc. | 0.56% | 683 | $788K | No change |
| DOMH Dominari Holdings Inc. | 0.54% | 243,223 | $764K | Add +112.9% |
| GLD SPDR Gold Shares | 0.47% | 1,825 | $672K | Add +20.2% |
| SNPS Synopsys Inc. | 0.43% | 1,383 | $617K | No change |
| GDX Vaneck Gold Miners ETF | 0.43% | 8,043 | $607K | No change |
| LRCX Lam Research Corp. | 0.38% | 1,256 | $544K | No change |
| GRRR Gorilla Technology Group Inc. | 0.34% | 24,268 | $482K | New |
| CXDO Crexendo Inc. | 0.33% | 62,229 | $465K | New |
| CSCO Cisco Systems Inc. | 0.31% | 3,705 | $435K | No change |
| ABAT American Battery Technology | 0.30% | 148,524 | $420K | New |
| KOPN Kopin Corp. | 0.29% | 90,635 | $406K | New |
| CEG Constellation Energy | 0.28% | 1,621 | $403K | Add +42.7% |
| BKSY Blacksky Technology Inc. | 0.28% | 14,341 | $400K | New |
| GDXJ Vaneck Junior Gold Miners | 0.28% | 4,058 | $399K | No change |
| LUNR Intuitive Machines Inc. | 0.28% | 18,364 | $393K | New |
| SHAZ Sharonai Holdings Inc. | 0.26% | 4,323 | $366K | New |
| VELO VELO3D Inc. | 0.24% | 19,659 | $345K | New |
| PYPD Polypid Ltd. | 0.24% | 67,600 | $343K | New |
| INVE Inve Technologies Inc. filed as IDENTIV INC | 0.23% | 130,120 | $328K | New |
| PAYS Paysign Inc. | 0.23% | 39,885 | $327K | New |
| GOOG Alphabet Inc. Class C | 0.22% | 876 | $310K | No change |
| TSLA Tesla Inc. | 0.21% | 715 | $301K | No change |
| WAVE Eco Wave Power Global AB-ADR | 0.21% | 32,234 | $292K | New |
| WMT Walmart Inc. | 0.20% | 2,451 | $278K | No change |
| NNVC Nanoviricides Inc. | 0.18% | 185,217 | $256K | New |
| NFLX Netflix Inc. | 0.18% | 3,561 | $254K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.16% | 2,004 | $234K | No change |
| CODA Coda Octopus Group Inc. | 0.15% | 22,478 | $220K | No change |
| OSS One Stop Systems Inc. | 0.14% | 11,198 | $204K | New |
| ONCY Oncolytics Biotech Inc. | 0.12% | 185,712 | $176K | New |
| DIN Dine Brands Global Inc. | 0.12% | 4,686 | $168K | New |
| FIP Ftai Infrastructure Inc. | 0.12% | 36,057 | $167K | New |
| PCSA Processa Pharmaceuticals Inc. | 0.12% | 85,274 | $164K | Add +20.6% |
| IPX Iperionx Ltd. - ADR | 0.11% | 5,367 | $160K | New |
| UAMY United States Antimony Corp. | 0.10% | 19,984 | $145K | New |
| SNDL SNDL Inc. | 0.09% | 95,656 | $129K | New |
| SBMT Silver Bow Mining Corp. | 0.07% | 15,000 | $101K | New |
| ETHA iShares Ethereum Trust ETF | 0.07% | 8,492 | $101K | Add +40.1% |
| CV Capsovision Inc. | 0.05% | 9,961 | $76K | New |
| FLWS 1-800-Flowers.com Inc. Class A | 0.05% | 18,482 | $64K | New |
| SOWG Sow Good Inc. | 0.04% | 12,354 | $52K | New |
| UAVS Ageagle Aerial Systems Inc. | 0.02% | 36,508 | $33K | New |
| ELMT The Elmet Group Co. | 0.01% | 1,000 | $20K | New |
| HCWB HCW Biologics Inc. | 0.01% | 3,338 | $17K | New |
| LSTA Lisata Therapeutics Inc. | 0.00% | 1,016 | $3K | No change |
Other holdings (4): bonds, preferreds, convertibles and warrants · $37K (not counted above)
Total filed on the 13F, all lines: $141.9M.
Portfolio Sells Q1 2026 → Q2 2026
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −3.92 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −3.81 |
| MPWR Monolithic Power Systems Inc. | Sold out | 0.00% | −3.71 |
| KLAC KLA Corp. | Sold out | 0.00% | −3.58 |
| ARM Arm Holdings PLC-ADR | Sold out | 0.00% | −3.58 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −3.48 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −3.33 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −1.75 |
| XBI SS SPDR S&P Biotech ETF | Reduce -71.0% | 0.75% | −1.70 |
| COP Conocophillips | Sold out | 0.00% | −1.68 |
| MELI MercadoLibre Inc. | Reduce -33.5% | 0.99% | −0.79 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.77 |
| VPG Vishay Precision Group | Sold out | 0.00% | −0.59 |
| XAR SS SPDR S&P Aerospace Def | Sold out | 0.00% | −0.52 |
| CBUS Cibus Inc. | Sold out | 0.00% | −0.46 |
| ERII Energy Recovery Inc. | Sold out | 0.00% | −0.41 |
| GRCE Grace Therapeutics Inc. | Sold out | 0.00% | −0.32 |
| ACTU Actuate Therapeutics Inc. | Sold out | 0.00% | −0.26 |
| UMAC Unusual Machines Inc. | Reduce -46.1% | 0.92% | −0.19 |
| ANGX Angel Studios Inc. | Sold out | 0.00% | −0.16 |
| EVTL Vertical Aerospace Ltd. | Sold out | 0.00% | −0.13 |
| BEEP Mobile Infrastructure Corp. | Sold out | 0.00% | −0.13 |
| QCOM Qualcomm Inc. | Reduce -20.2% | 3.64% | −0.08 |
| DEFT Defi Technologies Inc. | Sold out | 0.00% | −0.08 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −0.08 |
| GMTL Guardian Metal Resources | Sold out | 0.00% | −0.07 |
| SNAL Snail Inc. | Sold out | 0.00% | −0.07 |
| OTLK Outlook Therapeutics Inc. | Sold out | 0.00% | −0.03 |
| ATXG Addentax Group Corp. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q1 2026 → Q2 2026
| QQQ Invesco QQQ Trust Series 1 | Add +35.9% | 25.25% | +8.19 |
| AMD Advanced Micro Devices | Add +907.4% | 4.99% | +4.79 |
| TSM Taiwan Semiconductor-SP ADR | New | 4.44% | +4.44 |
| NVDA Nvidia Corp. | Add +1731.2% | 4.09% | +3.86 |
| AVGO Broadcom Inc. | Add +1569.1% | 4.02% | +3.79 |
| COST Costco Wholesale Corp. | Add +1790.1% | 3.91% | +3.65 |
| MRVL Marvell Technology Inc. | New | 2.64% | +2.64 |
| DASH DoorDash Inc. Class A | Add +5.0% | 4.11% | +0.38 |
| GRRR Gorilla Technology Group Inc. | New | 0.34% | +0.34 |
| META Meta Platforms Inc. Class A | Add +62.8% | 1.24% | +0.33 |
| CXDO Crexendo Inc. | New | 0.33% | +0.33 |
| ABAT American Battery Technology | New | 0.30% | +0.30 |
| KOPN Kopin Corp. | New | 0.29% | +0.29 |
| BKSY Blacksky Technology Inc. | New | 0.28% | +0.28 |
| LUNR Intuitive Machines Inc. | New | 0.28% | +0.28 |
| SHAZ Sharonai Holdings Inc. | New | 0.26% | +0.26 |
| VELO VELO3D Inc. | New | 0.24% | +0.24 |
| PYPD Polypid Ltd. | New | 0.24% | +0.24 |
| DOMH Dominari Holdings Inc. | Add +112.9% | 0.54% | +0.23 |
| INVE Inve Technologies Inc. | New | 0.23% | +0.23 |
| PAYS Paysign Inc. | New | 0.23% | +0.23 |
| AMZN Amazon.com Inc. | Add +23.2% | 1.27% | +0.22 |
| WAVE Eco Wave Power Global AB-ADR | New | 0.21% | +0.21 |
| NNVC Nanoviricides Inc. | New | 0.18% | +0.18 |
| OSS One Stop Systems Inc. | New | 0.14% | +0.14 |
| ONCY Oncolytics Biotech Inc. | New | 0.12% | +0.12 |
| DIN Dine Brands Global Inc. | New | 0.12% | +0.12 |
| FIP Ftai Infrastructure Inc. | New | 0.12% | +0.12 |
| IPX Iperionx Ltd. - ADR | New | 0.11% | +0.11 |
| UAMY United States Antimony Corp. | New | 0.10% | +0.10 |
| SNDL SNDL Inc. | New | 0.09% | +0.09 |
| SBMT Silver Bow Mining Corp. | New | 0.07% | +0.07 |
| CV Capsovision Inc. | New | 0.05% | +0.05 |
| FLWS 1-800-Flowers.com Inc. Class A | New | 0.05% | +0.05 |
| SOWG Sow Good Inc. | New | 0.04% | +0.04 |
| UAVS Ageagle Aerial Systems Inc. | New | 0.02% | +0.02 |
| CEG Constellation Energy | Add +42.7% | 0.28% | +0.02 |
| ELMT The Elmet Group Co. | New | 0.01% | +0.01 |
| HCWB HCW Biologics Inc. | New | 0.01% | +0.01 |
| ETHA iShares Ethereum Trust ETF | Add +40.1% | 0.07% | −0.01 |
| PCSA Processa Pharmaceuticals Inc. | Add +20.6% | 0.12% | −0.03 |
| GLD SPDR Gold Shares | Add +20.2% | 0.47% | −0.07 |
Notes & Other Activity Q1 2026 → Q2 2026
| IAUX.WS I-80 Gold Corp. -26 | *W EXP 11/16/202 | New | 30,000 | $26K |
| ABVWF Above Food Ingredients- 29 | *W EXP 06/28/202 | Sold out | 24,999 | $7Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 66 | $141.9M | QQQ, QLD, ISRG, AMD, TSM |
| Q1 2026 | 62 | $121.1M | QQQ, ISRG, QLD, MSFT, AAPL |
| Q4 2025 | 53 | $170.2M | VOO, QQQ, ISRG, QLD, MSFT |
| Q3 2025 | 69 | $108.9M | QQQ, ISRG, AVGO, MSFT, QLD |
| Q2 2025 | 46 | $107.0M | ISRG, QQQ, MSFT, AVGO, QLD |
| Q1 2025 | 43 | $108.6M | QQQ, ISRG, SPY, MSFT, QLD |
| Q4 2024 | 64 | $85.8M | ISRG, GLNG, MSFT, AAPL, QLD |
| Q3 2024 | 33 | $107.7M | QQQ, ISRG, MSFT, GLNG, AAPL |
| Q2 2024Amended | 27 | $53.2M | MSFT, AAPL, QLD, ASML, IWO |
| Q1 2024Amended | 20 | $63.4M | ISRG, MSFT, IWM, AAPL, QLD |