Deepwater Asset Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 6, 2026), Deepwater Asset Management, LLC reported 35 stock positions worth $220.2 million. Its top holding was Roblox Class A (RBLX) at 5.8% of the portfolio, followed by Credo Technology Group Holdi (CRDO, 5.5%) and Axon Enterprise (AXON, 4.6%). Compared with Q1 2026, it opened 4 new positions, sold out of 8, added to 15 and reduced 14. The biggest buy was a new position in Roblox Class A (RBLX) and the biggest sale an exit from Uber Technologies (UBER).
- Most Recent 13F
- Q2 2026
- Location
- Minneapolis, MN
- CIK
- 0001964171
- Portfolio Value
- $220.2M (Q2 2026)
- SEC Filing
- 0001172661-26-003133 ↗ filed Aug 6, 2026
Holdings Value
Holdings 35 stocks · $220.2M
| RBLX Roblox Corp. Class A | 5.75% | 232,870 | $12.7M | New |
| CRDO Credo Technology Group Holdi | 5.47% | 44,316 | $12.1M | Reduce -39.6% |
| AXON Axon Enterprise Inc. | 4.57% | 17,933 | $10.1M | Add +98.1% |
| DDOG Datadog Inc. Class A | 4.29% | 36,316 | $9.5M | Reduce -28.8% |
| BB Blackberry Ltd. | 4.20% | 730,450 | $9.2M | New |
| LRCX Lam Research Corp. | 4.12% | 20,915 | $9.1M | Reduce -12.7% |
| APP AppLovin Corp. Class A | 4.09% | 17,474 | $9.0M | Add +78.6% |
| SHOP Shopify Inc. Class A | 3.92% | 75,511 | $8.6M | Add +99.2% |
| TTWO Take-Two Interactive Softwre | 3.62% | 31,925 | $8.0M | Add +35.4% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 3.55% | 584,989 | $7.8M | Add +11.1% |
| RBRK Rubrik Inc. Class A | 3.45% | 94,601 | $7.6M | Add +6.9% |
| VRT Vertiv Holdings Co. Class A | 3.43% | 22,576 | $7.6M | Reduce -8.5% |
| MRCY Mercury Systems Inc. | 3.40% | 61,166 | $7.5M | Add +8.0% |
| GLBE Global-E Online Ltd. | 3.33% | 211,067 | $7.3M | Add +46.4% |
| VST Vistra Corp. | 3.33% | 46,192 | $7.3M | Add +49.4% |
| SNOW Snowflake Inc. | 3.26% | 28,221 | $7.2M | Add +2.0% |
| MELI MercadoLibre Inc. | 3.24% | 4,208 | $7.1M | Add +47.1% |
| MRVL Marvell Technology Inc. | 3.18% | 23,492 | $7.0M | Reduce -57.0% |
| RDDT Reddit Inc. Class A | 3.13% | 39,653 | $6.9M | Reduce -39.7% |
| TWLO Twilio Inc. Class A | 2.99% | 31,926 | $6.6M | New |
| CCJ Cameco Corp. | 2.98% | 64,357 | $6.6M | Add +47.7% |
| ISRG Intuitive Surgical Inc. | 2.93% | 16,209 | $6.4M | Add +58.1% |
| STRL Sterling Infrastructure Inc. | 2.90% | 7,607 | $6.4M | Reduce -63.2% |
| AVAV Aerovironment Inc. | 2.75% | 36,742 | $6.1M | Add +62.3% |
| RMBS Rambus Inc. | 2.69% | 44,634 | $5.9M | Reduce -23.1% |
| TEAM Atlassian Corp. Class A | 2.45% | 69,319 | $5.4M | Add +12.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.95% | 1,053 | $2.1M | Reduce -72.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.87% | 4,025 | $1.9M | Reduce -6.9% |
| MU Micron Technology Inc. | 0.85% | 1,629 | $1.9M | Reduce -52.8% |
| GOOG Alphabet Inc. Class C | 0.76% | 4,754 | $1.7M | Reduce -7.8% |
| DASH DoorDash Inc. Class A | 0.76% | 9,025 | $1.7M | New |
| NET Cloudflare Inc. Class A | 0.74% | 6,625 | $1.6M | Reduce -10.8% |
| SNPS Synopsys Inc. | 0.72% | 3,551 | $1.6M | No change |
| AAPL Apple Inc. | 0.71% | 5,409 | $1.6M | No change |
| AVGO Broadcom Inc. | 0.63% | 3,668 | $1.4M | Reduce -15.5% |
Portfolio Sells Q1 2026 → Q2 2026
| UBER Uber Technologies Inc. | Sold out | 0.00% | −3.95 |
| COHR Coherent Corp. | Sold out | 0.00% | −3.03 |
| FOUR SHIFT4 Payments Inc. Class A | Sold out | 0.00% | −2.97 |
| RDDT Reddit Inc. Class A | Reduce -39.7% | 3.13% | −2.48 |
| STRL Sterling Infrastructure Inc. | Reduce -63.2% | 2.90% | −2.44 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -72.3% | 0.95% | −2.22 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.92 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.85 |
| PCOR Procore Technologies Inc. | Sold out | 0.00% | −0.82 |
| TOST Toast Inc. Class A | Sold out | 0.00% | −0.78 |
| CRWV Coreweave Inc. Class A | Sold out | 0.00% | −0.77 |
| VRT Vertiv Holdings Co. Class A | Reduce -8.5% | 3.43% | −0.48 |
| RMBS Rambus Inc. | Reduce -23.1% | 2.69% | −0.47 |
| MRVL Marvell Technology Inc. | Reduce -57.0% | 3.18% | −0.25 |
| NET Cloudflare Inc. Class A | Reduce -10.8% | 0.74% | −0.23 |
| AVGO Broadcom Inc. | Reduce -15.5% | 0.63% | −0.22 |
| GOOG Alphabet Inc. Class C | Reduce -7.8% | 0.76% | −0.17 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -6.9% | 0.87% | −0.05 |
| MU Micron Technology Inc. | Reduce -52.8% | 0.85% | +0.11 |
| DDOG Datadog Inc. Class A | Reduce -28.8% | 4.29% | +0.48 |
| LRCX Lam Research Corp. | Reduce -12.7% | 4.12% | +0.87 |
| CRDO Credo Technology Group Holdi | Reduce -39.6% | 5.47% | +1.11 |
Portfolio Buys Q1 2026 → Q2 2026
| RBLX Roblox Corp. Class A | New | 5.75% | +5.75 |
| BB Blackberry Ltd. | New | 4.20% | +4.20 |
| TWLO Twilio Inc. Class A | New | 2.99% | +2.99 |
| AXON Axon Enterprise Inc. | Add +98.1% | 4.57% | +2.13 |
| APP AppLovin Corp. Class A | Add +78.6% | 4.09% | +1.62 |
| SHOP Shopify Inc. Class A | Add +99.2% | 3.92% | +1.07 |
| MRCY Mercury Systems Inc. | Add +8.0% | 3.40% | +0.78 |
| DASH DoorDash Inc. Class A | New | 0.76% | +0.76 |
| RBRK Rubrik Inc. Class A | Add +6.9% | 3.45% | +0.70 |
| TTWO Take-Two Interactive Softwre | Add +35.4% | 3.62% | +0.67 |
| SNOW Snowflake Inc. | Add +2.0% | 3.26% | +0.62 |
| GLBE Global-E Online Ltd. | Add +46.4% | 3.33% | +0.51 |
| VST Vistra Corp. | Add +49.4% | 3.33% | +0.38 |
| AVAV Aerovironment Inc. | Add +62.3% | 2.75% | +0.13 |
| MELI MercadoLibre Inc. | Add +47.1% | 3.24% | +0.11 |
| CCJ Cameco Corp. | Add +47.7% | 2.98% | −0.02 |
| ISRG Intuitive Surgical Inc. | Add +58.1% | 2.93% | −0.07 |
| TEAM Atlassian Corp. Class A | Add +12.4% | 2.45% | −0.22 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +11.1% | 3.55% | −1.24 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 35 | $220.2M | RBLX, CRDO, AXON, DDOG, BB |
| Q1 2026 | 39 | $157.8M | RDDT, STRL, NU, CRDO, UBER |
| Q4 2025 | 46 | $343.3M | NU, APP, RDDT, MELI, GLBE |
| Q3 2025 | 31 | $251.3M | META, NU, VRT, MU, APP |
| Q2 2025 | 20 | $252.6M | VRT, TSM, MU, META, NVDA |
| Q1 2025 | 21 | $236.3M | TSM, NVDA, MU, MELI, META |
| Q4 2024 | 23 | $306.4M | ACVA, TSM, FOUR, ONTO, NVDA |
| Q3 2024 | 23 | $284.8M | FOUR, MU, ANET, META, VRT |
| Q2 2024 | 23 | $275.3M | FOUR, NU, NTNX, ANET, META |
| Q1 2024 | 26 | $265.5M | XYZ, NU, RH, PGNY, META |