Heard Capital LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Heard Capital LLC reported 22 stock positions worth $1.7 billion. Its top holding was Transdigm (TDG) at 12.5% of the portfolio, followed by Fair Isaac (FICO, 10.4%) and American Tower (AMT, 10.4%). Compared with Q4 2024, it added to 10 and reduced 7. The biggest buy was Palantir Technologies Class A (PLTR, shares +35%) and the biggest sale Transdigm (TDG, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- Chicago, IL
- CIK
- 0001796409
- Portfolio Value
- $1.7B (Q1 2025)
- SEC Filing
- 0001172661-25-001980 ↗ filed May 15, 2025
Holdings Value
Holdings 22 stocks · $1.7B
| TDG Transdigm Group Inc. | 12.45% | 151,552 | $209.6M | Reduce -10.0% |
| FICO Fair Isaac Corp. | 10.44% | 95,267 | $175.7M | Add +15.7% |
| AMT American Tower Corp. | 10.36% | 801,212 | $174.3M | Reduce -16.4% |
| BX Blackstone Inc. | 9.14% | 1,100,395 | $153.8M | Add +12.6% |
| APO Apollo Global Management Inc. | 9.09% | 1,117,220 | $153.0M | Add +25.6% |
| ADBE Adobe Inc. | 8.92% | 391,390 | $150.1M | Add +0.0% |
| LRCX Lam Research Corp. | 8.23% | 1,906,105 | $138.6M | Add +2.3% |
| AXP American Express Co. | 6.43% | 402,465 | $108.3M | Add +5.6% |
| AVAV Aerovironment Inc. | 5.94% | 839,372 | $100.0M | Add +11.9% |
| PLTR Palantir Technologies Inc. Class A | 5.00% | 996,513 | $84.1M | Add +34.7% |
| ESLT Elbit Systems Ltd. | 4.39% | 192,771 | $74.0M | Reduce -13.6% |
| ATEX Anterix Inc. | 3.73% | 1,716,738 | $62.8M | Reduce -2.0% |
| MC Moelis & Co. Class A | 3.21% | 925,240 | $54.0M | Add +9.9% |
| TSAT Telesat Corp. | 1.84% | 1,646,695 | $31.0M | Reduce -3.9% |
| EQIX Equinix Inc. | 0.23% | 4,653 | $3.8M | Add +22.0% |
| AMZN Amazon.com Inc. | 0.19% | 16,400 | $3.1M | No change |
| QCOM Qualcomm Inc. | 0.13% | 14,480 | $2.2M | No change |
| ARES Ares Management Corp. Class A | 0.10% | 11,150 | $1.6M | No change |
| PPLI People Inc. filed as IAC INC | 0.06% | 21,307 | $979K | No change |
| BLK BlackRock Inc. | 0.05% | 960 | $909K | Reduce -31.9% |
| CHTR Charter Communications Inc. Class A | 0.05% | 2,282 | $841K | No change |
| PLD Prologis Inc. | 0.04% | 5,450 | $609K | Reduce -84.4% |
Portfolio Sells Q4 2024 → Q1 2025
| TDG Transdigm Group Inc. | Reduce -10.0% | 12.45% | −0.24 |
| PLD Prologis Inc. | Reduce -84.4% | 0.04% | −0.18 |
| AMT American Tower Corp. | Reduce -16.4% | 10.36% | −0.09 |
| BLK BlackRock Inc. | Reduce -31.9% | 0.05% | −0.03 |
| TSAT Telesat Corp. | Reduce -3.9% | 1.84% | +0.17 |
| ATEX Anterix Inc. | Reduce -2.0% | 3.73% | +0.54 |
| ESLT Elbit Systems Ltd. | Reduce -13.6% | 4.39% | +0.97 |
Portfolio Buys Q4 2024 → Q1 2025
| PLTR Palantir Technologies Inc. Class A | Add +34.7% | 5.00% | +1.67 |
| FICO Fair Isaac Corp. | Add +15.7% | 10.44% | +0.69 |
| APO Apollo Global Management Inc. | Add +25.6% | 9.09% | +0.35 |
| LRCX Lam Research Corp. | Add +2.3% | 8.23% | +0.23 |
| EQIX Equinix Inc. | Add +22.0% | 0.23% | +0.01 |
| AXP American Express Co. | Add +5.6% | 6.43% | −0.30 |
| MC Moelis & Co. Class A | Add +9.9% | 3.21% | −0.49 |
| BX Blackstone Inc. | Add +12.6% | 9.14% | −0.89 |
| AVAV Aerovironment Inc. | Add +11.9% | 5.94% | −0.92 |
| ADBE Adobe Inc. | Add +0.0% | 8.92% | −1.43 |
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 2025Amended | 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 |