Gunderson Capital Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 15, 2026), Gunderson Capital Management LLC reported 40 stock positions worth $221.9 million. Its top holding was SPDR Gold Shares (GLD) at 5.9% of the portfolio, followed by Alphabet Class A (GOOGL, 5.6%) and Nvidia (NVDA, 5.3%). Compared with Q3 2025, it opened 14 new positions, sold out of 27, added to 16 and reduced 8. The biggest buy was a new position in Micron Technology (MU) and the biggest sale an exit from Netflix (NFLX).
- Most Recent 13F
- Q2 2026
- Location
- Mt. Pleasant, SC
- CIK
- 0001792397
- Portfolio Value
- $221.9M (Q4 2025)
- SEC Filing
- 0001941040-26-000025 ↗ filed Jan 15, 2026
Holdings Value
Holdings 40 stocks · $221.9M
| GLD SPDR Gold Shares | 5.87% | 32,870 | $13.0M | Add +11.2% |
| GOOGL Alphabet Inc. Class A | 5.56% | 39,400 | $12.3M | Add +7.6% |
| NVDA Nvidia Corp. | 5.26% | 62,580 | $11.7M | Reduce -42.3% |
| TSM Taiwan Semiconductor-SP ADR | 4.66% | 34,016 | $10.3M | Add +1.9% |
| MU Micron Technology Inc. | 4.25% | 33,070 | $9.4M | New |
| LLY Eli Lilly & Co. | 4.24% | 8,749 | $9.4M | Add +8.7% |
| B Barrick Mining Corp. | 4.05% | 206,353 | $9.0M | New |
| AMD Advanced Micro Devices | 4.00% | 41,444 | $8.9M | Add +225.6% |
| AEM Agnico Eagle Mines Ltd. | 3.68% | 48,104 | $8.2M | Add +187.6% |
| CEG Constellation Energy | 3.54% | 22,204 | $7.8M | Add +9.2% |
| WDC Western Digital Corp. | 3.48% | 44,801 | $7.7M | New |
| META Meta Platforms Inc. Class A | 3.46% | 11,643 | $7.7M | Reduce -37.4% |
| AVGO Broadcom Inc. | 3.46% | 22,186 | $7.7M | New |
| GE General Electric filed as GE AEROSPACE | 3.42% | 24,609 | $7.6M | Add +23.3% |
| ASML ASML Holding NV-NY Reg SHS | 3.33% | 6,909 | $7.4M | Add +71.6% |
| PLTR Palantir Technologies Inc. Class A | 3.26% | 40,666 | $7.2M | Reduce -18.9% |
| C Citigroup Inc. | 3.23% | 61,405 | $7.2M | New |
| GEV GE Vernova Inc. | 3.10% | 10,511 | $6.9M | Add +3.3% |
| VST Vistra Corp. | 2.71% | 37,235 | $6.0M | Reduce -1.6% |
| TSLA Tesla Inc. | 2.68% | 13,240 | $6.0M | New |
| CCJ Cameco Corp. | 2.64% | 63,983 | $5.9M | Reduce -1.8% |
| RWM Proshares Short RUSSELL2000 | 2.29% | 310,569 | $5.1M | New |
| IAU iShares Gold Trust | 2.19% | 59,824 | $4.9M | Reduce -1.6% |
| SARK Tradr 1X Short Innov DLY-Usd | 1.83% | 134,588 | $4.1M | New |
| LRCX Lam Research Corp. | 1.78% | 23,054 | $3.9M | New |
| EMBJ Embraer SA-Spon ADR | 1.76% | 60,528 | $3.9M | Add +402.1% |
| AMZN Amazon.com Inc. | 1.76% | 16,872 | $3.9M | Add +14.4% |
| MA Mastercard Inc. Class A | 1.74% | 6,754 | $3.9M | New |
| MP MP Materials Corp. | 1.43% | 62,708 | $3.2M | New |
| SNOW Snowflake Inc. | 1.39% | 14,070 | $3.1M | New |
| AAPL Apple Inc. | 1.06% | 8,664 | $2.4M | Add +56.6% |
| ADI Analog Devices Inc. | 0.95% | 7,750 | $2.1M | New |
| BEP Brookfield Renewable Partner | 0.67% | 55,032 | $1.5M | Reduce -2.0% |
| GOOG Alphabet Inc. Class C | 0.39% | 2,784 | $874K | New |
| AFRM Affirm Holdings Inc. | 0.34% | 10,006 | $745K | Reduce -72.5% |
| COST Costco Wholesale Corp. | 0.18% | 460 | $397K | Add +2.7% |
| IVV iShares Core S&P 500 ETF | 0.16% | 522 | $358K | Add +59.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.12% | 431 | $265K | Add +5.4% |
| ETN Eaton Corp. PLC | 0.10% | 730 | $233K | No change |
| ICCM Icecure Medical Ltd. | 0.01% | 20,000 | $12K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| NFLX Netflix Inc. | Sold out | 0.00% | −4.93 |
| HSBC HSBC Holdings PLC-Spons ADR | Sold out | 0.00% | −4.23 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −3.61 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −3.48 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −3.32 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −3.19 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −2.96 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −2.95 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −2.84 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −2.54 |
| NVDA Nvidia Corp. | Reduce -42.3% | 5.26% | −2.19 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −1.92 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −1.69 |
| META Meta Platforms Inc. Class A | Reduce -37.4% | 3.46% | −1.57 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −1.35 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −1.32 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −1.30 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −1.28 |
| IBKR Interactive Brokers Gro Class A | Sold out | 0.00% | −1.28 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −1.26 |
| EME Emcor Group Inc. | Sold out | 0.00% | −1.15 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −1.13 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −1.05 |
| HWM Howmet Aerospace Inc. | Sold out | 0.00% | −0.77 |
| NTES Netease Inc.-ADR | Sold out | 0.00% | −0.72 |
| AFRM Affirm Holdings Inc. | Reduce -72.5% | 0.34% | −0.64 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.16 |
| BKLC BNY Mellon US LRG Cap Cor | Sold out | 0.00% | −0.15 |
| PLTR Palantir Technologies Inc. Class A | Reduce -18.9% | 3.26% | −0.11 |
| BTU Peabody Energy Corp. | Sold out | 0.00% | −0.10 |
| BITB Bitwise Bitcoin ETF | Sold out | 0.00% | −0.09 |
| VST Vistra Corp. | Reduce -1.6% | 2.71% | −0.02 |
| BEP Brookfield Renewable Partner | Reduce -2.0% | 0.67% | +0.14 |
| IAU iShares Gold Trust | Reduce -1.6% | 2.19% | +0.56 |
| CCJ Cameco Corp. | Reduce -1.8% | 2.64% | +0.62 |
Portfolio Buys Q3 2025 → Q4 2025
| MU Micron Technology Inc. | New | 4.25% | +4.25 |
| B Barrick Mining Corp. | New | 4.05% | +4.05 |
| WDC Western Digital Corp. | New | 3.48% | +3.48 |
| AVGO Broadcom Inc. | New | 3.46% | +3.46 |
| AMD Advanced Micro Devices | Add +225.6% | 4.00% | +3.24 |
| C Citigroup Inc. | New | 3.23% | +3.23 |
| TSLA Tesla Inc. | New | 2.68% | +2.68 |
| AEM Agnico Eagle Mines Ltd. | Add +187.6% | 3.68% | +2.64 |
| RWM Proshares Short RUSSELL2000 | New | 2.29% | +2.29 |
| GOOGL Alphabet Inc. Class A | Add +7.6% | 5.56% | +2.28 |
| GLD SPDR Gold Shares | Add +11.2% | 5.87% | +2.00 |
| LLY Eli Lilly & Co. | Add +8.7% | 4.24% | +1.98 |
| ASML ASML Holding NV-NY Reg SHS | Add +71.6% | 3.33% | +1.90 |
| SARK Tradr 1X Short Innov DLY-Usd | New | 1.83% | +1.83 |
| LRCX Lam Research Corp. | New | 1.78% | +1.78 |
| MA Mastercard Inc. Class A | New | 1.74% | +1.74 |
| EMBJ Embraer SA-Spon ADR | Add +402.1% | 1.76% | +1.49 |
| MP MP Materials Corp. | New | 1.43% | +1.43 |
| SNOW Snowflake Inc. | New | 1.39% | +1.39 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.9% | 4.66% | +1.22 |
| GE General Electric | Add +23.3% | 3.42% | +1.20 |
| CEG Constellation Energy | Add +9.2% | 3.54% | +1.07 |
| ADI Analog Devices Inc. | New | 0.95% | +0.95 |
| GEV GE Vernova Inc. | Add +3.3% | 3.10% | +0.79 |
| AMZN Amazon.com Inc. | Add +14.4% | 1.76% | +0.56 |
| AAPL Apple Inc. | Add +56.6% | 1.06% | +0.54 |
| GOOG Alphabet Inc. Class C | New | 0.39% | +0.39 |
| IVV iShares Core S&P 500 ETF | Add +59.1% | 0.16% | +0.08 |
| QQQ Invesco QQQ Trust Series 1 | Add +5.4% | 0.12% | +0.03 |
| COST Costco Wholesale Corp. | Add +2.7% | 0.18% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 52 | $370.3M | AMD, DELL, MU, AMAT, MRVL |
| Q1 2026 | 46 | $239.2M | TSM, NVDA, CCJ, HAL, PLTR |
| Q4 2025 | 40 | $221.9M | GLD, GOOGL, NVDA, TSM, MU |
| Q3 2025 | 53 | $271.4M | NVDA, META, NFLX, HSBC, GLD |
| Q2 2025 | 47 | $239.2M | NVDA, NFLX, GS, META, HOOD |
| Q1 2025 | 29 | $155.4M | GLD, NVDA, PLTR, GS, TMUS |
| Q4 2024 | 37 | $203.4M | NVDA, ANET, META, PLTR, SPOT |
| Q3 2024 | 40 | $236.1M | LLY, NVDA, META, NVO, MSFT |
| Q2 2024 | 39 | $233.0M | LLY, NVO, NVDA, MSFT, ASML |
| Q1 2024 | 41 | $215.3M | NVDA, LLY, MSFT, QSR, NVO |