Connective Portfolio Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Connective Portfolio Management, LLC reported 25 stock positions worth $29.6 million. Its top holding was iShares Gold Trust (IAU) at 9.6% of the portfolio, followed by SPDR Gold Shares (GLD, 8.9%) and Uber Technologies (UBER, 7.6%). Compared with Q4 2024, it opened 10 new positions, sold out of 40, added to 3 and reduced 6. The biggest buy was a new position in Uber Technologies (UBER) and the biggest sale an exit from Home Depot (HD).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001905083
- Portfolio Value
- $29.6M (Q1 2025)
- SEC Filing
- 0001905083-25-000003 ↗ filed Apr 22, 2025
Holdings Value
Holdings 25 stocks · $29.6M
| IAU iShares Gold Trust | 9.56% | 48,029 | $2.8M | Add +50.0% |
| GLD SPDR Gold Shares | 8.91% | 9,165 | $2.6M | Add +61.8% |
| UBER Uber Technologies Inc. | 7.62% | 31,000 | $2.3M | New |
| MSFT Microsoft Corp. | 6.36% | 5,019 | $1.9M | No change |
| NOK Nokia Corp.-Spon ADR | 5.34% | 300,000 | $1.6M | New |
| T AT&T Inc. | 4.77% | 50,000 | $1.4M | New |
| IEUR iShares Core MSCI Europe ETF | 4.73% | 23,285 | $1.4M | Reduce -53.4% |
| META Meta Platforms Inc. Class A | 4.67% | 2,400 | $1.4M | New |
| AIG American International Group | 4.40% | 15,000 | $1.3M | New |
| NVDA Nvidia Corp. | 4.17% | 11,390 | $1.2M | Reduce -52.5% |
| SBUX Starbucks Corp. | 3.74% | 11,300 | $1.1M | New |
| HES Hess Corp. | 3.74% | 6,930 | $1.1M | No change |
| ROK Rockwell Automation Inc. | 3.49% | 4,000 | $1.0M | New |
| CSCO Cisco Systems Inc. | 3.26% | 15,650 | $966K | Reduce -58.4% |
| RKT Rocket Cos Inc. Class A | 2.85% | 70,000 | $845K | Add +84.2% |
| CVS CVS Health Corp. | 2.74% | 12,000 | $813K | New |
| CB Chubb Ltd. | 2.66% | 2,615 | $790K | New |
| EOG EOG Resources Inc. | 2.60% | 6,000 | $769K | New |
| AVGO Broadcom Inc. | 2.43% | 4,295 | $719K | Reduce -60.7% |
| PGR Progressive Corp. | 2.39% | 2,500 | $708K | Reduce -56.3% |
| MA Mastercard Inc. Class A | 2.28% | 1,235 | $677K | No change |
| CMG Chipotle Mexican Grill Inc. | 2.18% | 12,875 | $646K | Reduce -28.5% |
| PG The Procter & Gamble Co. | 2.16% | 3,760 | $641K | No change |
| PH Parker Hannifin Corp. | 1.85% | 900 | $547K | No change |
| PWR Quanta Services Inc. | 1.12% | 1,305 | $332K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| HD Home Depot Inc. | Sold out | 0.00% | −4.09 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −3.85 |
| TSLA Tesla Inc. | Sold out | 0.00% | −3.61 |
| EWJ iShares MSCI Japan ETF | Sold out | 0.00% | −3.24 |
| RDNT Radnet Inc. | Sold out | 0.00% | −3.24 |
| BN Brookfield Corp. | Sold out | 0.00% | −2.85 |
| EQT Eqt Corp. | Sold out | 0.00% | −2.61 |
| CRM Salesforce Inc. | Sold out | 0.00% | −2.57 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −2.49 |
| FLS Flowserve Corp. | Sold out | 0.00% | −2.33 |
| WMT Walmart Inc. | Sold out | 0.00% | −2.22 |
| NTRA Natera Inc. | Sold out | 0.00% | −2.03 |
| AAPL Apple Inc. | Sold out | 0.00% | −2.02 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −1.98 |
| BAC Bank of America Corp. | Sold out | 0.00% | −1.81 |
| C Citigroup Inc. | Sold out | 0.00% | −1.78 |
| ET Energy Transfer LP | Sold out | 0.00% | −1.75 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −1.73 |
| BA The Boeing Co. | Sold out | 0.00% | −1.58 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −1.46 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −1.46 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −1.44 |
| DAL Delta Air Lines Inc. | Sold out | 0.00% | −1.35 |
| AVGO Broadcom Inc. | Reduce -60.7% | 2.43% | −1.34 |
| LUNR Intuitive Machines Inc. | Sold out | 0.00% | −1.30 |
| GTLS Chart Industries Inc. | Sold out | 0.00% | −1.08 |
| VIST Vista Energy Sab DE CV | Sold out | 0.00% | −1.05 |
| CW Curtiss-Wright Corp. | Sold out | 0.00% | −0.95 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.94 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.87 |
| RKLB Rocket Lab USA Inc. | Sold out | 0.00% | −0.87 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.85 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.81 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.77 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.75 |
| AVAV Aerovironment Inc. | Sold out | 0.00% | −0.73 |
| OKTA Okta Inc. | Sold out | 0.00% | −0.70 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.69 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.67 |
| NVDA Nvidia Corp. | Reduce -52.5% | 4.17% | −0.63 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.56 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.46 |
| CSCO Cisco Systems Inc. | Reduce -58.4% | 3.26% | −0.06 |
| PGR Progressive Corp. | Reduce -56.3% | 2.39% | +0.35 |
| CMG Chipotle Mexican Grill Inc. | Reduce -28.5% | 2.18% | +0.57 |
| IEUR iShares Core MSCI Europe ETF | Reduce -53.4% | 4.73% | +0.71 |
Portfolio Buys Q4 2024 → Q1 2025
| UBER Uber Technologies Inc. | New | 7.62% | +7.62 |
| IAU iShares Gold Trust | Add +50.0% | 9.56% | +7.20 |
| GLD SPDR Gold Shares | Add +61.8% | 8.91% | +6.87 |
| NOK Nokia Corp.-Spon ADR | New | 5.34% | +5.34 |
| T AT&T Inc. | New | 4.77% | +4.77 |
| META Meta Platforms Inc. Class A | New | 4.67% | +4.67 |
| AIG American International Group | New | 4.40% | +4.40 |
| SBUX Starbucks Corp. | New | 3.74% | +3.74 |
| ROK Rockwell Automation Inc. | New | 3.49% | +3.49 |
| CVS CVS Health Corp. | New | 2.74% | +2.74 |
| CB Chubb Ltd. | New | 2.66% | +2.66 |
| EOG EOG Resources Inc. | New | 2.60% | +2.60 |
| RKT Rocket Cos Inc. Class A | Add +84.2% | 2.85% | +2.21 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 39 | $60.1M | RKLB, C, JPM, IAU, PBR |
| Q1 2026 | 25 | $36.9M | IAU, PHYS, PBR, EEM, SHEL |
| Q4 2025 | 38 | $55.5M | IAU, GLD, GOOGL, NVDA, PHYS |
| Q3 2025 | 38 | $56.6M | IAU, MSFT, EEM, GLD, ORCL |
| Q2 2025 | 30 | $46.7M | IAU, MSFT, IBM, NVDA, GLD |
| Q1 2025 | 25 | $29.6M | IAU, GLD, UBER, MSFT, NOK |
| Q4 2024 | 55 | $67.2M | NVDA, HD, IEUR, XLE, AVGO |
| Q3 2024 | 42 | $56.6M | VRT, NVDA, VIST, WMT, REGN |
| Q2 2024 | 46 | $61.5M | NVDA, META, QCOM, AMAT, MSFT |
| Q1 2024 | 46 | $56.8M | NVDA, MSFT, AVGO, DIS, NFLX |