Connective Portfolio Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 9, 2025), Connective Portfolio Management, LLC reported 30 stock positions worth $46.7 million. Its top holding was iShares Gold Trust (IAU) at 8.3% of the portfolio, followed by Microsoft (MSFT, 8.0%) and Intl Business Machines (IBM, 7.0%). Compared with Q1 2025, it opened 16 new positions, sold out of 11, added to 5 and reduced 1. The biggest buy was a new position in Intl Business Machines (IBM) and the biggest sale an exit from Nokia Corp.-Spon ADR (NOK).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001905083
- Portfolio Value
- $46.7M (Q2 2025)
- SEC Filing
- 0001905083-25-000004 ↗ filed Jul 9, 2025
Holdings Value
Holdings 30 stocks · $46.7M
| IAU iShares Gold Trust | 8.32% | 62,029 | $3.9M | Add +29.1% |
| MSFT Microsoft Corp. | 7.95% | 7,519 | $3.7M | Add +49.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 7.02% | 11,170 | $3.3M | New |
| NVDA Nvidia Corp. | 6.45% | 19,390 | $3.0M | Add +70.2% |
| GLD SPDR Gold Shares | 6.21% | 9,465 | $2.9M | Add +3.3% |
| LRCX Lam Research Corp. | 5.21% | 25,000 | $2.4M | New |
| AVGO Broadcom Inc. | 4.80% | 8,295 | $2.2M | Add +93.1% |
| EWZ iShares MSCI Brazil ETF | 4.33% | 70,000 | $2.0M | New |
| COIN Coinbase Global Inc. Class A | 3.98% | 5,300 | $1.9M | New |
| RKLB Rocket Lab Corp. | 3.68% | 48,000 | $1.7M | New |
| MRVL Marvell Technology Inc. | 3.65% | 22,000 | $1.7M | New |
| UBER Uber Technologies Inc. | 3.57% | 18,035 | $1.7M | Reduce -41.8% |
| PHYS Sprott Physical Gold Trust | 3.53% | 65,000 | $1.6M | New |
| ROK Rockwell Automation Inc. | 2.85% | 4,000 | $1.3M | No change |
| EEM iShares MSCI Emerging Market | 2.69% | 26,000 | $1.3M | New |
| AMZN Amazon.com Inc. | 2.58% | 5,500 | $1.2M | New |
| NFLX Netflix Inc. | 2.58% | 900 | $1.2M | New |
| INDA iShares MSCI India ETF | 2.50% | 21,000 | $1.2M | New |
| RKT Rocket Cos Inc. Class A | 2.13% | 70,000 | $993K | No change |
| HES Hess Corp. | 2.10% | 6,930 | $978K | No change |
| SNOW Snowflake Inc. | 1.92% | 4,000 | $895K | New |
| PLTR Palantir Technologies Inc. Class A | 1.70% | 5,820 | $793K | New |
| CMG Chipotle Mexican Grill Inc. | 1.61% | 12,875 | $750K | No change |
| SAP Sap SE-Sponsored ADR | 1.57% | 2,415 | $734K | New |
| MA Mastercard Inc. Class A | 1.49% | 1,235 | $697K | No change |
| PGR Progressive Corp. | 1.43% | 2,500 | $667K | No change |
| CIEN Ciena Corp. | 1.39% | 8,000 | $651K | New |
| PG The Procter & Gamble Co. | 1.30% | 3,760 | $606K | No change |
| PWR Quanta Services Inc. | 1.04% | 1,305 | $486K | No change |
| APLD Applied Digital Corp. | 0.43% | 20,000 | $201K | New |
Portfolio Sells Q1 2025 → Q2 2025
| NOK Nokia Corp.-Spon ADR | Sold out | 0.00% | −5.34 |
| T AT&T Inc. | Sold out | 0.00% | −4.77 |
| IEUR iShares Core MSCI Europe ETF | Sold out | 0.00% | −4.73 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −4.67 |
| AIG American International Group | Sold out | 0.00% | −4.40 |
| UBER Uber Technologies Inc. | Reduce -41.8% | 3.57% | −4.05 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −3.74 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −3.26 |
| CVS CVS Health Corp. | Sold out | 0.00% | −2.74 |
| CB Chubb Ltd. | Sold out | 0.00% | −2.66 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −2.60 |
| PH Parker Hannifin Corp. | Sold out | 0.00% | −1.85 |
Portfolio Buys Q1 2025 → Q2 2025
| IBM Intl Business Machines Corp. | New | 7.02% | +7.02 |
| LRCX Lam Research Corp. | New | 5.21% | +5.21 |
| EWZ iShares MSCI Brazil ETF | New | 4.33% | +4.33 |
| COIN Coinbase Global Inc. Class A | New | 3.98% | +3.98 |
| RKLB Rocket Lab Corp. | New | 3.68% | +3.68 |
| MRVL Marvell Technology Inc. | New | 3.65% | +3.65 |
| PHYS Sprott Physical Gold Trust | New | 3.53% | +3.53 |
| EEM iShares MSCI Emerging Market | New | 2.69% | +2.69 |
| AMZN Amazon.com Inc. | New | 2.58% | +2.58 |
| NFLX Netflix Inc. | New | 2.58% | +2.58 |
| INDA iShares MSCI India ETF | New | 2.50% | +2.50 |
| AVGO Broadcom Inc. | Add +93.1% | 4.80% | +2.37 |
| NVDA Nvidia Corp. | Add +70.2% | 6.45% | +2.28 |
| SNOW Snowflake Inc. | New | 1.92% | +1.92 |
| PLTR Palantir Technologies Inc. Class A | New | 1.70% | +1.70 |
| MSFT Microsoft Corp. | Add +49.8% | 7.95% | +1.60 |
| SAP Sap SE-Sponsored ADR | New | 1.57% | +1.57 |
| CIEN Ciena Corp. | New | 1.39% | +1.39 |
| APLD Applied Digital Corp. | New | 0.43% | +0.43 |
| IAU iShares Gold Trust | Add +29.1% | 8.32% | −1.23 |
| GLD SPDR Gold Shares | Add +3.3% | 6.21% | −2.70 |
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 |