In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Heard Capital LLC reported 22 stock positions worth $1.6 billion . Its top holding was American Tower (AMT) at 12.0% of the portfolio, followed by Adobe (ADBE, 12.0% ) and Blackstone (BX, 9.5% ). Compared with Q1 2024, it added to 11 and reduced 9. The biggest buy was Adobe (ADBE, shares +9% ) and the biggest sale Transdigm (TDG, shares −12% ).
Location Chicago, IL
CIK 0001796409
Portfolio Value $1.6B (Q2 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 Q1 2024 AMT American Tower Corp. 1,013,693 $197.0M Add +7.0% ADBE Adobe Inc. 353,655 $196.5M Add +9.3% BX Blackstone Inc. 1,257,085 $155.6M Add +5.8% TDG Transdigm Group Inc. 119,133 $152.2M Reduce -12.3% FICO Fair Isaac Corp. 98,723 $147.0M Reduce -11.1% PLD Prologis Inc. 1,104,900 $124.1M Add +8.6% MC Moelis & Co. Class A 2,150,710 $122.3M Add +1.6% LRCX Lam Research Corp. 104,633 $111.4M Reduce -0.4% AXP American Express Co. 377,180 $87.3M Reduce -4.6% AVAV Aerovironment Inc. 471,689 $85.9M Reduce -16.4% APO Apollo Global Management Inc. 649,585 $76.7M Reduce -2.1% ATEX Anterix Inc. 1,772,690 $70.2M Add +2.1% BLK BlackRock Finance Inc. 59,627 $46.9M Reduce -1.2% ESLT Elbit Systems Ltd. 208,322 $36.8M Add +17.2% TSAT Telesat Corp. 1,768,400 $16.1M Add +0.2% AMZN Amazon.com Inc. 16,400 $3.2M Add +47.6% EQIX Equinix Inc. 3,875 $2.9M Add +30.9% QCOM Qualcomm Inc. 12,900 $2.6M Add +23.0% GXO Gxo Logistics Inc. 29,880 $1.5M No change ARES Ares Management Corp. Class A 11,150 $1.5M Reduce -10.4% PPLI People Inc. filed as IAC INC 21,307 $998K Reduce -51.2% CHTR Charter Communications Inc. Class A 1,630 $487K No change
Portfolio Sells Q1 2024 → Q2 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 Q1 2024 % Of Portfolio Change To Portfolio ▲ TDG Transdigm Group Inc. Reduce -12.3% 9.29% −1.22 AXP American Express Co. Reduce -4.6% 5.33% −0.33 BLK BlackRock Finance Inc. Reduce -1.2% 2.86% −0.30 AVAV Aerovironment Inc. Reduce -16.4% 5.24% −0.19 PPLI People Inc. Reduce -51.2% 0.06% −0.09 ARES Ares Management Corp. Class A Reduce -10.4% 0.09% −0.01 APO Apollo Global Management Inc. Reduce -2.1% 4.68% −0.01 FICO Fair Isaac Corp. Reduce -11.1% 8.97% +0.25 LRCX Lam Research Corp. Reduce -0.4% 6.80% +0.39
Portfolio Buys Q1 2024 → Q2 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 Q1 2024 % Of Portfolio Change To Portfolio ▼ ADBE Adobe Inc. Add +9.3% 11.99% +1.73 ATEX Anterix Inc. Add +2.1% 4.28% +0.61 AMT American Tower Corp. Add +7.0% 12.02% +0.26 AMZN Amazon.com Inc. Add +47.6% 0.19% +0.07 QCOM Qualcomm Inc. Add +23.0% 0.16% +0.05 TSAT Telesat Corp. Add +0.2% 0.98% +0.04 EQIX Equinix Inc. Add +30.9% 0.18% +0.03 MC Moelis & Co. Class A Add +1.6% 7.46% −0.09 ESLT Elbit Systems Ltd. Add +17.2% 2.24% −0.10 BX Blackstone Inc. Add +5.8% 9.49% −0.32 PLD Prologis Inc. Add +8.6% 7.57% −0.75
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Sold out 5,000 $2.6Mbefore exit IWM iShares Russell 2000 ETF put Sold out 10,000 $2.1Mbefore 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