denkapparat Operations GmbH
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 6, 2026), denkapparat Operations GmbH reported 383 stock positions worth $305.9 million. Its top holding was ASML Holding NV-NY Reg SHS (ASML) at 1.3% of the portfolio, followed by Applied Materials (AMAT, 0.9%) and Lam Research (LRCX, 0.9%). Compared with Q1 2026, it opened 91 new positions, sold out of 41, added to 90 and reduced 40. The biggest buy was a new position in Dollar Tree (DLTR) and the biggest sale Ericsson (lm) Tel-SP ADR (ERIC, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- BERLIN, 2M
- CIK
- 0001999514
- Portfolio Value
- $305.9M (Q2 2026)
- SEC Filing
- 0001999514-26-000003 ↗ filed Aug 6, 2026
Holdings Value
Holdings 383 stocks · $305.9M
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 1.31% | 2,012 | $4.0M | No change |
| AMAT Applied Materials Inc. | 0.93% | 3,932 | $2.8M | Add +0.6% |
| LRCX Lam Research Corp. | 0.93% | 6,550 | $2.8M | Reduce -20.3% |
| ALL Allstate Corp. | 0.82% | 10,556 | $2.5M | No change |
| NVDA Nvidia Corp. | 0.79% | 12,134 | $2.4M | No change |
| EIX Edison International | 0.72% | 29,604 | $2.2M | Add +20.2% |
| FIX Comfort Systems USA Inc. | 0.72% | 1,112 | $2.2M | Reduce -10.8% |
| KR Kroger Co. | 0.70% | 38,766 | $2.2M | Add +82.8% |
| CMCSA Comcast Corp. Class A | 0.69% | 85,844 | $2.1M | Add +19.3% |
| GD General Dynamics Corp. | 0.69% | 5,916 | $2.1M | Add +37.7% |
| BMY Bristol-Myers Squibb Co. | 0.67% | 35,462 | $2.0M | Add +15.2% |
| EME Emcor Group Inc. | 0.67% | 2,456 | $2.0M | Add +29.0% |
| INCY Incyte Corp. | 0.66% | 17,890 | $2.0M | Add +10.2% |
| NEM Newmont Corp. | 0.66% | 21,636 | $2.0M | Add +29.1% |
| PYPL PayPal Holdings Inc. | 0.66% | 46,558 | $2.0M | Add +86.1% |
| MU Micron Technology Inc. | 0.65% | 1,728 | $2.0M | Reduce -15.2% |
| ADBE Adobe Inc. | 0.65% | 9,704 | $2.0M | Add +21.9% |
| ALV Autoliv Inc. | 0.62% | 16,368 | $1.9M | Reduce -17.3% |
| GSK GSK PLC-Spon ADR | 0.61% | 35,370 | $1.9M | No change |
| BYD Boyd Gaming Corp. | 0.60% | 20,946 | $1.9M | No change |
| JLL Jones Lang Lasalle Inc. | 0.60% | 5,944 | $1.8M | Add +24.8% |
| FE Firstenergy Corp. | 0.60% | 38,572 | $1.8M | Add +49.8% |
| CF CF Industries Holdings Inc. | 0.60% | 16,826 | $1.8M | No change |
| EXEL Exelixis Inc. | 0.59% | 33,152 | $1.8M | Add +38.5% |
| IDCC Interdigital Inc. | 0.59% | 6,332 | $1.8M | No change |
| GILD Gilead Sciences Inc. | 0.58% | 14,028 | $1.8M | No change |
| CNK Cinemark Holdings Inc. | 0.58% | 55,642 | $1.8M | No change |
| AVGO Broadcom Inc. | 0.57% | 4,630 | $1.7M | Reduce -9.3% |
| FTNT Fortinet Inc. | 0.57% | 11,272 | $1.7M | No change |
| MO Altria Group Inc. | 0.56% | 23,930 | $1.7M | Add +118.0% |
| CB Chubb Ltd. | 0.56% | 5,012 | $1.7M | Reduce -27.5% |
| FFIV F5 Inc. | 0.56% | 4,084 | $1.7M | No change |
| AMGN Amgen Inc. | 0.54% | 4,574 | $1.7M | No change |
| LHX L3HARRIS Technologies Inc. | 0.54% | 5,636 | $1.6M | Add +236.3% |
| NXPI NXP Semiconductors NV | 0.53% | 5,800 | $1.6M | Add +97.0% |
| SU Suncor Energy Inc. | 0.52% | 29,400 | $1.6M | Reduce -15.0% |
| TTC Toro Co. | 0.52% | 16,192 | $1.6M | Add +147.1% |
| GWW WW Grainger Inc. | 0.51% | 1,150 | $1.6M | Add +40.6% |
| R Ryder System Inc. | 0.50% | 5,846 | $1.5M | No change |
| LOGI Logitech International-Reg | 0.50% | 16,366 | $1.5M | Reduce -38.8% |
| EOG EOG Resources Inc. | 0.50% | 11,688 | $1.5M | Reduce -0.5% |
| FOXA Fox Corp. Class A | 0.49% | 28,868 | $1.5M | Add +25.6% |
| TTE Totalenergies SE | 0.49% | 19,268 | $1.5M | Add +66.3% |
| SNA Snap-on Inc. | 0.48% | 3,674 | $1.5M | Add +229.2% |
| SHEL Shell PLC-ADR | 0.48% | 19,038 | $1.5M | No change |
| SNY Sanofi-ADR | 0.48% | 34,572 | $1.5M | No change |
| PEG Public Service Enterprise GP | 0.48% | 17,924 | $1.5M | Add +9.5% |
| ROST Ross Stores Inc. | 0.47% | 6,782 | $1.4M | No change |
| DG Dollar General Corp. | 0.47% | 12,506 | $1.4M | Add +370.9% |
| AAPL Apple Inc. | 0.47% | 4,934 | $1.4M | Reduce -22.6% |
| ROK Rockwell Automation Inc. | 0.47% | 2,876 | $1.4M | Add +15.1% |
| ENS Enersys | 0.47% | 6,086 | $1.4M | No change |
| QCOM Qualcomm Inc. | 0.46% | 7,626 | $1.4M | Reduce -36.2% |
| PODD Insulet Corp. | 0.45% | 9,104 | $1.4M | Add +310.1% |
| KGC Kinross Gold Corp. | 0.45% | 58,560 | $1.4M | No change |
| MLI Mueller Industries Inc. | 0.45% | 11,230 | $1.4M | No change |
| BIIB Biogen Inc. | 0.45% | 6,338 | $1.4M | No change |
| DLTR Dollar Tree Inc. | 0.44% | 11,172 | $1.4M | New |
| BP BP PLC-Spons ADR | 0.44% | 36,552 | $1.4M | New |
| TIGO Millicom Intl Cellular S.A. | 0.44% | 14,864 | $1.3M | No change |
| C Citigroup Inc. | 0.44% | 9,554 | $1.3M | New |
| EXPE Expedia Group Inc. | 0.43% | 5,154 | $1.3M | No change |
| FHN First Horizon Corp. | 0.43% | 50,948 | $1.3M | Add +22.0% |
| PTC PTC Inc. | 0.43% | 11,486 | $1.3M | Add +31.3% |
| CNX CNX Resources Corp. | 0.42% | 38,166 | $1.3M | Add +96.3% |
| EA Electronic Arts Inc. | 0.42% | 6,268 | $1.3M | Add +20.8% |
| VLO Valero Energy Corp. | 0.42% | 4,914 | $1.3M | Add +183.7% |
| AEM Agnico Eagle Mines Ltd. | 0.42% | 8,222 | $1.3M | Add +58.5% |
| KLAC KLA Corp. | 0.41% | 4,202 | $1.3M | Reduce -51.3% |
| TDG Transdigm Group Inc. | 0.40% | 920 | $1.2M | New |
| APA Apa Corp. | 0.40% | 37,362 | $1.2M | No change |
| NBIX Neurocrine Biosciences Inc. | 0.40% | 7,188 | $1.2M | Add +23.6% |
| JBL Jabil Inc. | 0.40% | 3,138 | $1.2M | Reduce -27.4% |
| ELV Elevance Health Inc. | 0.39% | 3,108 | $1.2M | Add +78.0% |
| LVS Las Vegas Sands Corp. | 0.39% | 26,010 | $1.2M | Add +62.8% |
| MKTX Marketaxess Holdings Inc. | 0.39% | 10,562 | $1.2M | Add +310.3% |
| NTRA Natera Inc. | 0.39% | 4,414 | $1.2M | Add +21.5% |
| RRC Range Resources Corp. | 0.39% | 32,156 | $1.2M | Add +483.6% |
| KO The Coca-Cola Co. | 0.38% | 14,468 | $1.2M | New |
| CSCO Cisco Systems Inc. | 0.38% | 9,896 | $1.2M | No change |
| CCK Crown Holdings Inc. | 0.38% | 10,380 | $1.2M | No change |
| DPZ Domino's Pizza Inc. | 0.38% | 3,876 | $1.1M | Add +54.7% |
| TXT Textron Inc. | 0.37% | 12,380 | $1.1M | No change |
| SUNB Sunbelt Rentals Holdings Inc. | 0.36% | 15,290 | $1.1M | Reduce -22.9% |
| ULTA Ulta Beauty Inc. | 0.36% | 2,460 | $1.1M | Add +43.9% |
| DINO HF Sinclair Corp. | 0.36% | 15,868 | $1.1M | Add +26.4% |
| OZK Bank Ozk | 0.35% | 20,776 | $1.1M | No change |
| ORI Old Republic Intl Corp. | 0.35% | 26,446 | $1.1M | Add +27.2% |
| CTVA Corteva Inc. | 0.35% | 12,698 | $1.1M | New |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.35% | 4,508 | $1.1M | Reduce -19.4% |
| CRUS Cirrus Logic Inc. | 0.35% | 7,194 | $1.1M | Add +18.0% |
| NOC Northrop Grumman Corp. | 0.35% | 2,092 | $1.1M | No change |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.34% | 7,628 | $1.1M | Add +138.5% |
| EXPD Expeditors Intl Wash Inc. | 0.34% | 6,410 | $1.0M | No change |
| LNTH Lantheus Holdings Inc. | 0.34% | 9,416 | $1.0M | New |
| LMT Lockheed Martin Corp. | 0.34% | 2,050 | $1.0M | No change |
| SAP Sap SE-Sponsored ADR | 0.34% | 6,746 | $1.0M | No change |
| EBAY eBay Inc. | 0.34% | 9,280 | $1.0M | Add +19.7% |
| MUSA Murphy USA Inc. | 0.34% | 1,918 | $1.0M | Add +130.5% |
| MORN Morningstar Inc. | 0.34% | 6,596 | $1.0M | Add +44.2% |
Portfolio Sells Q1 2026 → Q2 2026
| ERIC Ericsson (lm) Tel-SP ADR | Reduce -68.6% | 0.25% | −0.78 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.61 |
| LOGI Logitech International-Reg | Reduce -38.8% | 0.50% | −0.51 |
| PNC PNC Financial Services Group | Sold out | 0.00% | −0.46 |
| SU Suncor Energy Inc. | Reduce -15.0% | 0.52% | −0.43 |
| DTE DTE Energy Company | Sold out | 0.00% | −0.40 |
| HOLX Hologic Inc. | Sold out | 0.00% | −0.39 |
| CB Chubb Ltd. | Reduce -27.5% | 0.56% | −0.37 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.36 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.35 |
| CINF Cincinnati Financial Corp. | Sold out | 0.00% | −0.34 |
| NOK Nokia Corp.-Spon ADR | Sold out | 0.00% | −0.33 |
| CVE Cenovus Energy Inc. | Sold out | 0.00% | −0.31 |
| FLEX Flex Ltd. | Sold out | 0.00% | −0.30 |
| BKNG Booking Holdings Inc. | Reduce -48.4% | 0.19% | −0.26 |
| MKL Markel Group Inc. | Sold out | 0.00% | −0.25 |
| ALV Autoliv Inc. | Reduce -17.3% | 0.62% | −0.24 |
| ZM Zoom Communications Inc. | Reduce -47.4% | 0.19% | −0.23 |
| APLS Apellis Pharmaceuticals Inc. | Sold out | 0.00% | −0.22 |
| STZ Constellation Brands Inc. Class A | Reduce -30.4% | 0.23% | −0.22 |
| LDOS Leidos Holdings Inc. | Sold out | 0.00% | −0.22 |
| JNJ Johnson & Johnson | Reduce -26.6% | 0.33% | −0.22 |
| HIG Hartford Insurance Group Inc. | Reduce -32.5% | 0.23% | −0.21 |
| EOG EOG Resources Inc. | Reduce -0.5% | 0.50% | −0.21 |
| FDX FedEx Corp. | Reduce -14.5% | 0.30% | −0.21 |
| AAPL Apple Inc. | Reduce -22.6% | 0.47% | −0.20 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.20 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.19 |
| META Meta Platforms Inc. Class A | Reduce -50.1% | 0.12% | −0.19 |
| PEN Penumbra Inc. | Sold out | 0.00% | −0.19 |
| NVR NVR Inc. | Reduce -36.6% | 0.20% | −0.19 |
| OVV Ovintiv Inc. | Reduce -13.3% | 0.29% | −0.19 |
| TJX TJX Companies Inc. | Reduce -29.2% | 0.21% | −0.18 |
| OGE Oge Energy Corp. | Sold out | 0.00% | −0.18 |
| QCOM Qualcomm Inc. | Reduce -36.2% | 0.46% | −0.18 |
| MPC Marathon Petroleum Corp. | Reduce -35.2% | 0.20% | −0.18 |
| SLF Sun Life Financial Inc. | Sold out | 0.00% | −0.17 |
| UPS United Parcel Service Class B | Reduce -40.4% | 0.18% | −0.17 |
| BNTX Biontech SE-ADR | Sold out | 0.00% | −0.17 |
| NTR Nutrien Ltd. | Sold out | 0.00% | −0.17 |
| L Loews Corp. | Sold out | 0.00% | −0.17 |
| UTHR United Therapeutics Corp. | Reduce -13.9% | 0.28% | −0.17 |
| UBER Uber Technologies Inc. | Reduce -43.6% | 0.14% | −0.17 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.16 |
| SUNB Sunbelt Rentals Holdings Inc. | Reduce -22.9% | 0.36% | −0.15 |
| MRK Merck & Co. Inc. | Reduce -26.1% | 0.25% | −0.15 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.14 |
| LPLA LPL Financial Holdings Inc. | Sold out | 0.00% | −0.14 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.14 |
| TFX Teleflex Inc. | Sold out | 0.00% | −0.14 |
Portfolio Buys Q1 2026 → Q2 2026
| DLTR Dollar Tree Inc. | New | 0.44% | +0.44 |
| BP BP PLC-Spons ADR | New | 0.44% | +0.44 |
| C Citigroup Inc. | New | 0.44% | +0.44 |
| TDG Transdigm Group Inc. | New | 0.40% | +0.40 |
| KO The Coca-Cola Co. | New | 0.38% | +0.38 |
| AMAT Applied Materials Inc. | Add +0.6% | 0.93% | +0.38 |
| CTVA Corteva Inc. | New | 0.35% | +0.35 |
| LNTH Lantheus Holdings Inc. | New | 0.34% | +0.34 |
| DG Dollar General Corp. | Add +370.9% | 0.47% | +0.34 |
| SNA Snap-on Inc. | Add +229.2% | 0.48% | +0.32 |
| TMUS T-Mobile US Inc. | New | 0.31% | +0.31 |
| LHX L3HARRIS Technologies Inc. | Add +236.3% | 0.54% | +0.30 |
| NXPI NXP Semiconductors NV | Add +97.0% | 0.53% | +0.29 |
| RRC Range Resources Corp. | Add +483.6% | 0.39% | +0.29 |
| EXE Expand Energy Corp. | New | 0.28% | +0.28 |
| OTIS Otis Worldwide Corp. | New | 0.27% | +0.27 |
| CPRX Catalyst Pharmaceuticals Inc. | New | 0.26% | +0.26 |
| MO Altria Group Inc. | Add +118.0% | 0.56% | +0.26 |
| TTC Toro Co. | Add +147.1% | 0.52% | +0.26 |
| PODD Insulet Corp. | Add +310.1% | 0.45% | +0.26 |
| TER Teradyne Inc. | New | 0.26% | +0.26 |
| VCTR Victory Capital Holding - A | New | 0.25% | +0.25 |
| GEV GE Vernova Inc. | New | 0.25% | +0.25 |
| EQT Eqt Corp. | New | 0.25% | +0.25 |
| CSX CSX Corp. | New | 0.24% | +0.24 |
| TXN Texas Instruments Inc. | New | 0.24% | +0.24 |
| VLO Valero Energy Corp. | Add +183.7% | 0.42% | +0.24 |
| MAS Masco Corp. | New | 0.24% | +0.24 |
| CIEN Ciena Corp. | New | 0.23% | +0.23 |
| GEN Gen Digital Inc. | New | 0.23% | +0.23 |
| FBP First Bancorp Puerto Rico | New | 0.23% | +0.23 |
| MKTX Marketaxess Holdings Inc. | Add +310.3% | 0.39% | +0.22 |
| WSFS WSFS Financial Corp. | New | 0.21% | +0.21 |
| INTU Intuit Inc. | New | 0.21% | +0.21 |
| CHE Chemed Corp. | New | 0.21% | +0.21 |
| TSN Tyson Foods Inc. Class A | New | 0.20% | +0.20 |
| CNC Centene Corp. | New | 0.20% | +0.20 |
| MMM 3M Co. | New | 0.20% | +0.20 |
| ALGN Align Technology Inc. | New | 0.20% | +0.20 |
| TGT Target Corp. | New | 0.20% | +0.20 |
| VMI Valmont Industries | Add +179.3% | 0.29% | +0.20 |
| IAG Iamgold Corp. | New | 0.19% | +0.19 |
| NJR New Jersey Resources Corp. | Add +227.3% | 0.31% | +0.19 |
| PYPL PayPal Holdings Inc. | Add +86.1% | 0.66% | +0.19 |
| BF.B Brown-Forman Corp. Class B | New | 0.19% | +0.19 |
| ELV Elevance Health Inc. | Add +78.0% | 0.39% | +0.18 |
| PRI Primerica Inc. | Add +245.4% | 0.27% | +0.18 |
| Z Zillow Group Inc. Class C | New | 0.18% | +0.18 |
| HRB H&R Block Inc. | Add +146.8% | 0.30% | +0.17 |
| DKNG Draftkings Inc. Class A | New | 0.17% | +0.17 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 383 | $305.9M | ASML, AMAT, LRCX, ALL, NVDA |
| Q1 2026 | 333 | $241.6M | ASML, ERIC, LOGI, SU, CB |
| Q4 2025 | 294 | $183.9M | IDCC, NEM, LRCX, BMY, ADBE |
| Q3 2025 | 274 | $156.7M | TD, IDCC, NEM, QCOM, LRCX |
| Q2 2025 | 242 | $125.3M | TD, IDCC, QCOM, NEM, AAPL |
| Q1 2025 | 214 | $94.5M | IDCC, QCOM, ED, AAPL, GILD |
| Q4 2024 | 164 | $67.7M | MRK, IDCC, JPM, AAPL, QCOM |