Connective Capital Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Connective Capital Management, LLC reported 62 stock positions worth $121.1 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 17.1% of the portfolio, followed by Intuitive Surgical (ISRG, 8.9%) and Proshares Ultra QQQ (QLD, 5.3%). Compared with Q4 2025, it opened 35 new positions, sold out of 26, added to 7 and reduced 11. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +9%) and the biggest sale an exit from Vanguard S&P 500 ETF (VOO).
- Most Recent 13F
- Q2 2026
- Location
- PALO ALTO, CA
- CIK
- 0001543568
- Portfolio Value
- $121.1M (Q1 2026)
- SEC Filing
- 0001543568-26-000007 ↗ filed May 13, 2026
Holdings Value
Holdings 62 stocks · $121.1M
| QQQ Invesco QQQ Trust Series 1 | 17.06% | 35,795 | $20.7M | Add +9.5% |
| ISRG Intuitive Surgical Inc. | 8.90% | 23,392 | $10.8M | No change |
| QLD Proshares Ultra QQQ | 5.33% | 105,918 | $6.5M | No change |
| MSFT Microsoft Corp. | 4.39% | 14,354 | $5.3M | No change |
| AAPL Apple Inc. | 4.06% | 19,379 | $4.9M | No change |
| PANW Palo Alto Networks Inc. | 3.92% | 29,650 | $4.8M | New |
| SHOP Shopify Inc. Class A | 3.81% | 38,913 | $4.6M | New |
| DASH DoorDash Inc. Class A | 3.73% | 30,079 | $4.5M | New |
| QCOM Qualcomm Inc. | 3.72% | 35,031 | $4.5M | New |
| MPWR Monolithic Power Systems Inc. | 3.71% | 4,105 | $4.5M | New |
| KLAC KLA Corp. | 3.58% | 2,948 | $4.3M | New |
| ARM Arm Holdings PLC-ADR | 3.58% | 28,652 | $4.3M | New |
| IWO iShares Russell 2000 Growth | 3.49% | 13,453 | $4.2M | No change |
| AMAT Applied Materials Inc. | 3.48% | 12,349 | $4.2M | New |
| XOM Exxon Mobil Corp. | 3.33% | 23,739 | $4.0M | New |
| XBI SS SPDR S&P Biotech ETF | 2.45% | 23,248 | $3.0M | Add +190.1% |
| MELI MercadoLibre Inc. | 1.78% | 1,249 | $2.2M | Reduce -12.7% |
| UNH Unitedhealth Group Inc. | 1.75% | 7,829 | $2.1M | New |
| CCJ Cameco Corp. | 1.68% | 18,760 | $2.0M | Reduce -58.3% |
| COP Conocophillips | 1.68% | 15,396 | $2.0M | New |
| GOOGL Alphabet Inc. Class A | 1.59% | 6,689 | $1.9M | New |
| UMAC Unusual Machines Inc. | 1.12% | 108,960 | $1.4M | Add +243.6% |
| AMZN Amazon.com Inc. | 1.06% | 6,152 | $1.3M | Reduce -33.8% |
| META Meta Platforms Inc. Class A | 0.91% | 1,918 | $1.1M | Add +21.5% |
| HOOD Robinhood Markets Inc. Class A | 0.77% | 13,518 | $937K | New |
| GDX Vaneck Gold Miners ETF | 0.61% | 8,043 | $738K | Add +27.5% |
| VPG Vishay Precision Group | 0.59% | 16,425 | $713K | Add +38.2% |
| GLD SPDR Gold Shares | 0.54% | 1,518 | $653K | Reduce -54.6% |
| XAR SS SPDR S&P Aerospace Def | 0.52% | 2,480 | $630K | New |
| CBUS Cibus Inc. | 0.46% | 279,000 | $552K | New |
| SNPS Synopsys Inc. | 0.45% | 1,383 | $548K | No change |
| ERII Energy Recovery Inc. | 0.41% | 49,026 | $494K | New |
| GDXJ Vaneck Junior Gold Miners | 0.40% | 4,058 | $487K | Reduce -51.1% |
| GRCE Grace Therapeutics Inc. | 0.32% | 84,549 | $391K | New |
| DOMH Dominari Holdings Inc. | 0.31% | 114,229 | $371K | Reduce -40.8% |
| NFLX Netflix Inc. | 0.28% | 3,561 | $342K | Reduce -71.8% |
| CEG Constellation Energy | 0.26% | 1,136 | $317K | Add +25.7% |
| COST Costco Wholesale Corp. | 0.26% | 314 | $313K | New |
| ACTU Actuate Therapeutics Inc. | 0.26% | 113,266 | $310K | New |
| WMT Walmart Inc. | 0.25% | 2,451 | $305K | New |
| PLTR Palantir Technologies Inc. Class A | 0.24% | 2,004 | $293K | New |
| CSCO Cisco Systems Inc. | 0.24% | 3,705 | $287K | New |
| AVGO Broadcom Inc. | 0.23% | 904 | $280K | New |
| NVDA Nvidia Corp. | 0.23% | 1,585 | $276K | New |
| LRCX Lam Research Corp. | 0.22% | 1,256 | $268K | New |
| TSLA Tesla Inc. | 0.22% | 715 | $266K | New |
| CODA Coda Octopus Group Inc. | 0.21% | 22,478 | $254K | New |
| GOOG Alphabet Inc. Class C | 0.21% | 876 | $251K | New |
| AMD Advanced Micro Devices | 0.20% | 1,210 | $246K | New |
| MU Micron Technology Inc. | 0.19% | 683 | $231K | New |
| ANGX Angel Studios Inc. | 0.16% | 65,090 | $199K | New |
| PCSA Processa Pharmaceuticals Inc. | 0.15% | 70,736 | $179K | New |
| EVTL Vertical Aerospace Ltd. | 0.13% | 71,000 | $157K | Reduce -65.1% |
| BEEP Mobile Infrastructure Corp. | 0.13% | 68,696 | $154K | Reduce -7.8% |
| DEFT Defi Technologies Inc. | 0.08% | 182,816 | $101K | No change |
| ETHA iShares Ethereum Trust ETF | 0.08% | 6,062 | $96K | Reduce -53.0% |
| FBTC Fidelity Wise Origin Bitcoin | 0.08% | 1,556 | $92K | Reduce -60.7% |
| GMTL Guardian Metal Resources | 0.07% | 5,000 | $87K | New |
| SNAL Snail Inc. | 0.07% | 154,523 | $79K | No change |
| OTLK Outlook Therapeutics Inc. | 0.03% | 200,000 | $41K | New |
| ATXG Addentax Group Corp. | 0.03% | 5,558 | $31K | New |
| LSTA Lisata Therapeutics Inc. | 0.00% | 1,016 | $5K | No change |
Other holdings (4): bonds, preferreds, convertibles and warrants · $18K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ABVWF Above Food Ingredients- 29 | *W EXP 06/28/202 | 24,999 | $7K | No change |
| CLSKW Cleanspark Inc.-29 | *W EXP 12/29/202 | 17,500 | $4K | No change |
| MDCXW Medicus Pharma Ltd. -29 | *W EXP 11/15/202 | 6,000 | $3K | No change |
| MOBXW Chavrant Capital Acq -CW23 | *W EXP 12/21/202 | 22,397 | $3K | No change |
Total filed on the 13F, all lines: $121.1M.
Portfolio Sells Q4 2025 → Q1 2026
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −47.93 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −1.00 |
| CCJ Cameco Corp. | Reduce -58.3% | 1.68% | −0.74 |
| AMBA Ambarella Inc. | Sold out | 0.00% | −0.60 |
| ACHR Archer Aviation Inc. Class A | Sold out | 0.00% | −0.60 |
| IBKR Interactive Brokers Gro Class A | Sold out | 0.00% | −0.59 |
| DBGI Digital Brands Group Inc. | Sold out | 0.00% | −0.51 |
| EVTL Vertical Aerospace Ltd. | Reduce -65.1% | 0.13% | −0.51 |
| PROF Profound Medical Corp. | Sold out | 0.00% | −0.46 |
| NFLX Netflix Inc. | Reduce -71.8% | 0.28% | −0.41 |
| ONDS Ondas Inc. | Sold out | 0.00% | −0.39 |
| BYRN Byrna Technologies Inc. | Sold out | 0.00% | −0.38 |
| SIVR Abrdn Physical Silver Shares | Sold out | 0.00% | −0.27 |
| KDK Kodiak AI Inc. | Sold out | 0.00% | −0.26 |
| DOMH Dominari Holdings Inc. | Reduce -40.8% | 0.31% | −0.25 |
| GLD SPDR Gold Shares | Reduce -54.6% | 0.54% | −0.24 |
| AMZN Amazon.com Inc. | Reduce -33.8% | 1.06% | −0.20 |
| SOPAQ Society Pass Inc. | Sold out | 0.00% | −0.17 |
| GDXJ Vaneck Junior Gold Miners | Reduce -51.1% | 0.40% | −0.15 |
| LIDR Aeye Inc. | Sold out | 0.00% | −0.15 |
| GVH Globavend Holdings Ltd. | Sold out | 0.00% | −0.15 |
| CABO Cable One Inc. | Sold out | 0.00% | −0.14 |
| JEF Jefferies Financial Group Inc. | Sold out | 0.00% | −0.14 |
| TLSI Trisalus Life Sciences Inc. | Sold out | 0.00% | −0.13 |
| SIDU Sidus Space Inc. Class A | Sold out | 0.00% | −0.13 |
| ANTA Antalpha Platform Hldng Co. Class A | Sold out | 0.00% | −0.11 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -60.7% | 0.08% | −0.10 |
| IMUX Immunic Inc. | Sold out | 0.00% | −0.09 |
| ETHA iShares Ethereum Trust ETF | Reduce -53.0% | 0.08% | −0.09 |
| SEV Aptera Motors Corp. Class B | Sold out | 0.00% | −0.08 |
| ONCY Oncolytics Biotech Inc. | Sold out | 0.00% | −0.08 |
| XTAIF Xtao Inc. | Sold out | 0.00% | −0.04 |
| TSPH Createai Holdings Inc. | Sold out | 0.00% | −0.04 |
| RBOT Vicarious Surgical Inc. Class A | Sold out | 0.00% | −0.04 |
| PPTA Perpetua Resources Corp. | Sold out | 0.00% | −0.01 |
| BEEP Mobile Infrastructure Corp. | Reduce -7.8% | 0.13% | +0.02 |
| MELI MercadoLibre Inc. | Reduce -12.7% | 1.78% | +0.09 |
Portfolio Buys Q4 2025 → Q1 2026
| QQQ Invesco QQQ Trust Series 1 | Add +9.5% | 17.06% | +5.26 |
| PANW Palo Alto Networks Inc. | New | 3.92% | +3.92 |
| SHOP Shopify Inc. Class A | New | 3.81% | +3.81 |
| DASH DoorDash Inc. Class A | New | 3.73% | +3.73 |
| QCOM Qualcomm Inc. | New | 3.72% | +3.72 |
| MPWR Monolithic Power Systems Inc. | New | 3.71% | +3.71 |
| KLAC KLA Corp. | New | 3.58% | +3.58 |
| ARM Arm Holdings PLC-ADR | New | 3.58% | +3.58 |
| AMAT Applied Materials Inc. | New | 3.48% | +3.48 |
| XOM Exxon Mobil Corp. | New | 3.33% | +3.33 |
| XBI SS SPDR S&P Biotech ETF | Add +190.1% | 2.45% | +1.88 |
| UNH Unitedhealth Group Inc. | New | 1.75% | +1.75 |
| COP Conocophillips | New | 1.68% | +1.68 |
| GOOGL Alphabet Inc. Class A | New | 1.59% | +1.59 |
| UMAC Unusual Machines Inc. | Add +243.6% | 1.12% | +0.88 |
| HOOD Robinhood Markets Inc. Class A | New | 0.77% | +0.77 |
| XAR SS SPDR S&P Aerospace Def | New | 0.52% | +0.52 |
| CBUS Cibus Inc. | New | 0.46% | +0.46 |
| ERII Energy Recovery Inc. | New | 0.41% | +0.41 |
| GRCE Grace Therapeutics Inc. | New | 0.32% | +0.32 |
| VPG Vishay Precision Group | Add +38.2% | 0.59% | +0.32 |
| META Meta Platforms Inc. Class A | Add +21.5% | 0.91% | +0.29 |
| GDX Vaneck Gold Miners ETF | Add +27.5% | 0.61% | +0.29 |
| COST Costco Wholesale Corp. | New | 0.26% | +0.26 |
| ACTU Actuate Therapeutics Inc. | New | 0.26% | +0.26 |
| WMT Walmart Inc. | New | 0.25% | +0.25 |
| PLTR Palantir Technologies Inc. Class A | New | 0.24% | +0.24 |
| CSCO Cisco Systems Inc. | New | 0.24% | +0.24 |
| AVGO Broadcom Inc. | New | 0.23% | +0.23 |
| NVDA Nvidia Corp. | New | 0.23% | +0.23 |
| LRCX Lam Research Corp. | New | 0.22% | +0.22 |
| TSLA Tesla Inc. | New | 0.22% | +0.22 |
| CODA Coda Octopus Group Inc. | New | 0.21% | +0.21 |
| GOOG Alphabet Inc. Class C | New | 0.21% | +0.21 |
| AMD Advanced Micro Devices | New | 0.20% | +0.20 |
| MU Micron Technology Inc. | New | 0.19% | +0.19 |
| ANGX Angel Studios Inc. | New | 0.16% | +0.16 |
| PCSA Processa Pharmaceuticals Inc. | New | 0.15% | +0.15 |
| CEG Constellation Energy | Add +25.7% | 0.26% | +0.07 |
| GMTL Guardian Metal Resources | New | 0.07% | +0.07 |
| OTLK Outlook Therapeutics Inc. | New | 0.03% | +0.03 |
| ATXG Addentax Group Corp. | New | 0.03% | +0.03 |
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 |