In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Heard Capital LLC reported 22 stock positions worth $1.6 billion . Its top holding was American Tower (AMT) at 11.8% of the portfolio, followed by Transdigm (TDG, 10.5% ) and Adobe (ADBE, 10.3% ). Compared with Q4 2023, it added to 7 and reduced 14. The biggest buy was Fair Isaac (FICO, shares +23% ) and the biggest sale People (PPLI, shares −96% ).
Location Chicago, IL
CIK 0001796409
Portfolio Value $1.6B (Q1 2024) Holdings 22 stocks · $1.6B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 AMT American Tower Corp. 947,168 $187.2M Add +24.8% TDG Transdigm Group Inc. 135,815 $167.3M Reduce -3.3% ADBE Adobe Inc. 323,619 $163.3M Add +35.5% BX Blackstone Inc. 1,188,553 $156.1M Add +3.8% FICO Fair Isaac Corp. 111,008 $138.7M Add +22.7% PLD Prologis Inc. 1,017,020 $132.4M Add +32.3% MC Moelis & Co. Class A 2,117,000 $120.2M Add +13.9% LRCX Lam Research Corp. 105,033 $102.0M Reduce -1.6% AXP American Express Co. 395,235 $90.0M Reduce -12.4% AVAV Aerovironment Inc. 564,279 $86.5M Reduce -11.5% APO Apollo Global Management Inc. 663,585 $74.6M Reduce -3.8% ATEX Anterix Inc. 1,736,404 $58.4M Reduce -5.1% BLK BlackRock Finance Inc. 60,367 $50.3M Reduce -17.6% ESLT Elbit Systems Ltd. 177,685 $37.4M Add +43.4% TSAT Telesat Corp. 1,764,863 $15.0M Reduce -0.8% EQIX Equinix Inc. 2,960 $2.4M Reduce -1.7% PPLI People Inc. filed as IAC INC 43,680 $2.3M Reduce -96.1% AMZN Amazon.com Inc. 11,110 $2.0M Reduce -1.8% QCOM Qualcomm Inc. 10,488 $1.8M Reduce -1.9% ARES Ares Management Corp. Class A 12,450 $1.7M No change GXO Gxo Logistics Inc. 29,880 $1.6M Reduce -95.1% CHTR Charter Communications Inc. Class A 1,630 $474K Reduce -1.8%
Options reported separately and not counted above: SPY puts ($2.6M), IWM puts ($2.1M).
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ PPLI People Inc. Reduce -96.1% 0.15% −3.82 GXO Gxo Logistics Inc. Reduce -95.1% 0.10% −2.41 BLK BlackRock Finance Inc. Reduce -17.6% 3.16% −0.82 ATEX Anterix Inc. Reduce -5.1% 3.67% −0.42 TSAT Telesat Corp. Reduce -0.8% 0.94% −0.30 CHTR Charter Communications Inc. Class A Reduce -1.8% 0.03% −0.01 EQIX Equinix Inc. Reduce -1.7% 0.15% −0.01 AXP American Express Co. Reduce -12.4% 5.65% −0.01 QCOM Qualcomm Inc. Reduce -1.9% 0.11% +0.01 AMZN Amazon.com Inc. Reduce -1.8% 0.13% +0.01 AVAV Aerovironment Inc. Reduce -11.5% 5.43% +0.05 APO Apollo Global Management Inc. Reduce -3.8% 4.69% +0.38 LRCX Lam Research Corp. Reduce -1.6% 6.41% +0.81 TDG Transdigm Group Inc. Reduce -3.3% 10.51% +0.99
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ FICO Fair Isaac Corp. Add +22.7% 8.71% +1.66 PLD Prologis Inc. Add +32.3% 8.32% +1.46 AMT American Tower Corp. Add +24.8% 11.76% +0.79 ADBE Adobe Inc. Add +35.5% 10.26% +0.72 ESLT Elbit Systems Ltd. Add +43.4% 2.35% +0.58 MC Moelis & Co. Class A Add +13.9% 7.55% +0.56 BX Blackstone Inc. Add +3.8% 9.81% −0.23
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ IYT iShares US Transportation Et put Sold out 63,600 $4.2Mbefore exit SPY SS SPDR S&P 500 ETF Trust-US put Reduce -66.7% 5,000 $2.6M IWM iShares Russell 2000 ETF put Add +100.0% 10,000 $2.1M QQQ Invesco QQQ Trust Series 1 call Sold out 4,000 $1.6Mbefore exit
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 21 $2.3B LRCX, TDG, FICO, APO, ATEX Q1 2026 21 $1.9B LRCX, TDG, PLTR, AMT, FICO Q4 2025 21 $2.1B FICO, TDG, LRCX, APO, AMT Q3 2025 Amended 21 $2.1B FICO, LRCX, TDG, AMT, APO Q2 2025 21 $1.9B TDG, FICO, AMT, APO, ADBE Q1 2025 22 $1.7B TDG, FICO, AMT, BX, APO Q4 2024 22 $1.7B TDG, AMT, ADBE, BX, FICO Q3 2024 22 $1.8B ADBE, TDG, AMT, BX, FICO Q2 2024 22 $1.6B AMT, ADBE, BX, TDG, FICO Q1 2024 22 $1.6B AMT, TDG, ADBE, BX, FICO