Fremen Capital Management LP In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Fremen Capital Management LP reported 16 stock positions worth $108.0 million . Its top holding was Amazon.com (AMZN) at 12.5% of the portfolio, followed by Alphabet Class C (GOOG, 12.1% ) and Microsoft (MSFT, 10.1% ). Compared with Q4 2025, it opened 5 new positions, sold out of 4, added to 7 and reduced 4. The biggest buy was a new position in ASML Holding NV-NY Reg SHS (ASML) and the biggest sale an exit from Netflix (NFLX).
Location STAMFORD, CT
CIK 0002064172
Portfolio Value $108.0M (Q1 2026) Holdings 16 stocks · $108.0M Holdings quarter Q2 2026 Q1 2026 Q4 2025
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 AMZN Amazon.com Inc. 64,944 $13.5M Add +10.3% GOOG Alphabet Inc. Class C 45,689 $13.1M Add +4.5% MSFT Microsoft Corp. 29,463 $10.9M Add +29.8% TSM Taiwan Semiconductor-SP ADR 27,543 $9.3M Add +6.7% MDLN Medline Inc. Class A 196,702 $8.8M Add +8.1% ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 6,215 $8.2M New IBKR Interactive Brokers Gro Class A 117,674 $7.9M Add +0.9% MA Mastercard Inc. Class A 15,536 $7.8M Reduce -25.7% V Visa Inc. Class A 24,021 $7.3M Reduce -29.0% VMC Vulcan Materials Co. 20,668 $5.6M Add +3.2% LIN Linde PLC 6,811 $3.4M New LPLA LPL Financial Holdings Inc. 11,078 $3.3M Reduce -48.1% COF Capital One Financial Corp. 14,444 $2.6M Reduce -44.0% MLM Martin Marietta Materials 4,113 $2.4M New SPGI S&P Global Inc. 5,052 $2.1M New VRSK Verisk Analytics Inc. 8,920 $1.7M New
Options reported separately and not counted above: MSFT calls ($8.9M).
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ NFLX Netflix Inc. Sold out 0.00% −4.17 WING Wingstop Inc. Sold out 0.00% −3.77 META Meta Platforms Inc. Class A Sold out 0.00% −3.68 LPLA LPL Financial Holdings Inc. Reduce -48.1% 3.09% −3.15 V Visa Inc. Class A Reduce -29.0% 6.72% −2.99 NATL NCR Atleos Corp. Sold out 0.00% −2.76 COF Capital One Financial Corp. Reduce -44.0% 2.44% −2.67 MA Mastercard Inc. Class A Reduce -25.7% 7.19% −2.58
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ ASML ASML Holding NV-NY Reg SHS New 7.60% +7.60 LIN Linde PLC New 3.13% +3.13 MLM Martin Marietta Materials New 2.24% +2.24 TSM Taiwan Semiconductor-SP ADR Add +6.7% 8.62% +2.20 SPGI S&P Global Inc. New 1.99% +1.99 MDLN Medline Inc. Class A Add +8.1% 8.11% +1.86 VRSK Verisk Analytics Inc. New 1.57% +1.57 AMZN Amazon.com Inc. Add +10.3% 12.53% +1.41 IBKR Interactive Brokers Gro Class A Add +0.9% 7.31% +1.17 MSFT Microsoft Corp. Add +29.8% 10.10% +1.12 GOOG Alphabet Inc. Class C Add +4.5% 12.14% +0.92 VMC Vulcan Materials Co. Add +3.2% 5.21% +0.54
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ MSFT Microsoft Corp. call New 24,000 $8.9M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 14 $114.0M GOOG, AMZN, TSM, ASML, AMD Q1 2026 16 $108.0M AMZN, GOOG, MSFT, TSM, MDLN Q4 2025 15 $122.2M GOOG, AMZN, MA, V, MSFT