Cypress Funds LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 20, 2026), Cypress Funds LLC reported 14 stock positions worth $604.7 million. Its top holding was Amazon.com (AMZN) at 13.5% of the portfolio, followed by Microsoft (MSFT, 12.7%) and Nvidia (NVDA, 10.0%). Compared with Q3 2025, it sold out of 1 and reduced 14. The biggest sale was an exit from Chipotle Mexican Grill (CMG).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0001081198
- Portfolio Value
- $604.7M (Q4 2025)
- SEC Filing
- 0001081198-26-000002 ↗ filed Jan 20, 2026
Holdings Value
Holdings 14 stocks · $604.7M
| AMZN Amazon.com Inc. | 13.50% | 353,739 | $81.7M | Reduce -20.0% |
| MSFT Microsoft Corp. | 12.65% | 158,203 | $76.5M | Reduce -20.0% |
| NVDA Nvidia Corp. | 10.01% | 324,404 | $60.5M | Reduce -20.1% |
| FICO Fair Isaac Corp. | 8.74% | 31,276 | $52.9M | Reduce -19.7% |
| SPGI S&P Global Inc. | 7.31% | 84,608 | $44.2M | Reduce -19.9% |
| MA Mastercard Inc. Class A | 7.07% | 74,840 | $42.7M | Reduce -20.0% |
| AVGO Broadcom Inc. | 6.63% | 115,766 | $40.1M | Reduce -20.1% |
| META Meta Platforms Inc. Class A | 6.06% | 55,489 | $36.6M | Reduce -20.1% |
| WMT Walmart Inc. | 5.98% | 324,672 | $36.2M | Reduce -19.8% |
| TDG Transdigm Group Inc. | 5.88% | 26,713 | $35.5M | Reduce -19.9% |
| AAPL Apple Inc. | 5.34% | 118,747 | $32.3M | Reduce -19.9% |
| CDNS Cadence Design SYS Inc. | 5.16% | 99,787 | $31.2M | Reduce -20.1% |
| TYL Tyler Technologies Inc. | 3.21% | 42,787 | $19.4M | Reduce -20.2% |
| ASML ASML Holding NV-NY Reg SHS | 2.46% | 13,927 | $14.9M | Reduce -19.8% |
Portfolio Sells Q3 2025 → Q4 2025
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −1.85 |
| MSFT Microsoft Corp. | Reduce -20.0% | 12.65% | −0.77 |
| META Meta Platforms Inc. Class A | Reduce -20.1% | 6.06% | −0.63 |
| CDNS Cadence Design SYS Inc. | Reduce -20.1% | 5.16% | −0.59 |
| TYL Tyler Technologies Inc. | Reduce -20.2% | 3.21% | −0.46 |
| NVDA Nvidia Corp. | Reduce -20.1% | 10.01% | +0.08 |
| MA Mastercard Inc. Class A | Reduce -20.0% | 7.07% | +0.10 |
| TDG Transdigm Group Inc. | Reduce -19.9% | 5.88% | +0.12 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -19.8% | 2.46% | +0.26 |
| AVGO Broadcom Inc. | Reduce -20.1% | 6.63% | +0.36 |
| AAPL Apple Inc. | Reduce -19.9% | 5.34% | +0.39 |
| WMT Walmart Inc. | Reduce -19.8% | 5.98% | +0.52 |
| SPGI S&P Global Inc. | Reduce -19.9% | 7.31% | +0.58 |
| AMZN Amazon.com Inc. | Reduce -20.0% | 13.50% | +0.78 |
| FICO Fair Isaac Corp. | Reduce -19.7% | 8.74% | +1.11 |
Portfolio Buys Q3 2025 → Q4 2025
| None this quarter. | |||
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 14 | $314.1M | AMZN, NVDA, MSFT, AVGO, MA |
| Q1 2026 | 14 | $397.6M | AMZN, MSFT, NVDA, WMT, MA |
| Q4 2025 | 14 | $604.7M | AMZN, MSFT, NVDA, FICO, SPGI |
| Q3 2025 | 15 | $763.2M | MSFT, AMZN, NVDA, FICO, MA |
| Q2 2025 | 15 | $853.0M | MSFT, AMZN, NVDA, FICO, META |
| Q1 2025Amended | 15 | $719.2M | AMZN, MSFT, FICO, SPGI, META |
| Q4 2024 | 14 | $743.5M | AMZN, MSFT, FICO, NVDA, CDNS |
| Q3 2024 | 14 | $769.5M | FICO, MSFT, AMZN, NVDA, SPGI |
| Q2 2024 | 13 | $745.2M | MSFT, AMZN, FICO, NVDA, CDNS |
| Q1 2024 | 14 | $931.8M | NVDA, MSFT, AMZN, FICO, AVGO |