Ithaka Group LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Ithaka Group LLC reported 37 stock positions worth $490.7 million. Its top holding was Amazon.com (AMZN) at 7.9% of the portfolio, followed by Nvidia (NVDA, 7.5%) and Mastercard Class A (MA, 7.0%). Compared with Q4 2024, it opened 3 new positions, added to 13 and reduced 19. The biggest buy was a new position in Shopify Class A (SHOP) and the biggest sale Adobe (ADBE, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- ARLINGTON, VA
- CIK
- 0001484043
- Portfolio Value
- $490.7M (Q1 2025)
- SEC Filing
- 0001104659-25-046665 ↗ filed May 9, 2025
Holdings Value
Holdings 37 stocks · $490.7M
| AMZN Amazon.com Inc. | 7.94% | 204,690 | $38.9M | Reduce -5.1% |
| NVDA Nvidia Corp. | 7.50% | 339,614 | $36.8M | Add +1.8% |
| MA Mastercard Inc. Class A | 7.05% | 63,115 | $34.6M | Add +1.6% |
| NOW ServiceNow Inc. | 6.73% | 41,471 | $33.0M | Reduce -4.9% |
| MSFT Microsoft Corp. | 6.14% | 80,229 | $30.1M | Reduce -4.6% |
| META Meta Platforms Inc. Class A | 5.37% | 45,743 | $26.4M | Add +10.8% |
| V Visa Inc. Class A | 4.86% | 68,035 | $23.8M | Reduce -1.4% |
| AAPL Apple Inc. | 4.58% | 101,224 | $22.5M | Reduce -1.1% |
| ISRG Intuitive Surgical Inc. | 4.25% | 42,116 | $20.9M | Add +2.1% |
| NFLX Netflix Inc. | 4.10% | 21,601 | $20.1M | Reduce -1.4% |
| CRM Salesforce Inc. | 3.70% | 67,692 | $18.2M | Reduce -4.7% |
| CMG Chipotle Mexican Grill Inc. | 3.09% | 302,024 | $15.2M | Add +0.9% |
| MELI MercadoLibre Inc. | 2.71% | 6,821 | $13.3M | Reduce -0.8% |
| BX Blackstone Inc. | 2.52% | 88,508 | $12.4M | Reduce -2.0% |
| VEEV Veeva Systems Inc. Class A | 2.49% | 52,749 | $12.2M | Reduce -5.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 2.32% | 32,349 | $11.4M | Add +69.4% |
| UBER Uber Technologies Inc. | 2.29% | 154,328 | $11.2M | Reduce -1.3% |
| PANW Palo Alto Networks Inc. | 2.27% | 65,403 | $11.2M | Reduce -4.8% |
| INTU Intuit Inc. | 1.84% | 14,670 | $9.0M | Reduce -4.8% |
| SHOP Shopify Inc. Class A | 1.75% | 89,919 | $8.6M | New |
| ASML ASML Holding NV-NY Reg SHS | 1.71% | 12,686 | $8.4M | Add +1.3% |
| AMD Advanced Micro Devices | 1.67% | 79,718 | $8.2M | Add +0.3% |
| PODD Insulet Corp. | 1.63% | 30,424 | $8.0M | Add +4.8% |
| DXCM Dexcom Inc. | 1.53% | 109,670 | $7.5M | Add +0.4% |
| CDNS Cadence Design SYS Inc. | 1.47% | 28,346 | $7.2M | Add +2.3% |
| LLY Eli Lilly & Co. | 1.44% | 8,559 | $7.1M | Add +1611.8% |
| MRVL Marvell Technology Inc. | 1.30% | 103,752 | $6.4M | Add +0.1% |
| ANET Arista Networks Inc. | 1.19% | 75,098 | $5.8M | Reduce -0.4% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 1.15% | 103,077 | $5.6M | Reduce -4.5% |
| PLTR Palantir Technologies Inc. Class A | 1.07% | 62,244 | $5.3M | Reduce -28.9% |
| AXON Axon Enterprise Inc. | 0.80% | 7,458 | $3.9M | New |
| JCI Johnson Controls Internation | 0.60% | 36,498 | $2.9M | No change |
| ELF Elf Beauty Inc. | 0.60% | 46,519 | $2.9M | Reduce -2.9% |
| SWVXX Schwa Prime Adv Money FD-Inv filed as SCHWAB VALUE ADVANTAGE MONEY INV | 0.11% | 534,229 | $534K | Reduce -3.1% |
| SCHO Schwab Short-Term US Treas | 0.11% | 21,645 | $527K | New |
| ADBE Adobe Inc. | 0.08% | 1,005 | $385K | Reduce -96.5% |
| PG The Procter & Gamble Co. | 0.05% | 1,500 | $256K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| ADBE Adobe Inc. | Reduce -96.5% | 0.08% | −2.29 |
| NOW ServiceNow Inc. | Reduce -4.9% | 6.73% | −1.79 |
| TTD Trade Desk Inc./the Class A | Reduce -4.5% | 1.15% | −1.19 |
| AMZN Amazon.com Inc. | Reduce -5.1% | 7.94% | −0.79 |
| CRM Salesforce Inc. | Reduce -4.7% | 3.70% | −0.67 |
| ELF Elf Beauty Inc. | Reduce -2.9% | 0.60% | −0.51 |
| MSFT Microsoft Corp. | Reduce -4.6% | 6.14% | −0.40 |
| ANET Arista Networks Inc. | Reduce -0.4% | 1.19% | −0.35 |
| BX Blackstone Inc. | Reduce -2.0% | 2.52% | −0.35 |
| PLTR Palantir Technologies Inc. Class A | Reduce -28.9% | 1.07% | −0.15 |
| AAPL Apple Inc. | Reduce -1.1% | 4.58% | −0.14 |
| PANW Palo Alto Networks Inc. | Reduce -4.8% | 2.27% | −0.03 |
| SWVXX Schwa Prime Adv Money FD-Inv | Reduce -3.1% | 0.11% | +0.01 |
| INTU Intuit Inc. | Reduce -4.8% | 1.84% | +0.05 |
| VEEV Veeva Systems Inc. Class A | Reduce -5.0% | 2.49% | +0.34 |
| NFLX Netflix Inc. | Reduce -1.4% | 4.10% | +0.51 |
| UBER Uber Technologies Inc. | Reduce -1.3% | 2.29% | +0.55 |
| MELI MercadoLibre Inc. | Reduce -0.8% | 2.71% | +0.56 |
| V Visa Inc. Class A | Reduce -1.4% | 4.86% | +0.84 |
Portfolio Buys Q4 2024 → Q1 2025
| SHOP Shopify Inc. Class A | New | 1.75% | +1.75 |
| LLY Eli Lilly & Co. | Add +1611.8% | 1.44% | +1.37 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +69.4% | 2.32% | +1.12 |
| MA Mastercard Inc. Class A | Add +1.6% | 7.05% | +1.03 |
| META Meta Platforms Inc. Class A | Add +10.8% | 5.37% | +0.92 |
| AXON Axon Enterprise Inc. | New | 0.80% | +0.80 |
| ISRG Intuitive Surgical Inc. | Add +2.1% | 4.25% | +0.28 |
| PODD Insulet Corp. | Add +4.8% | 1.63% | +0.23 |
| ASML ASML Holding NV-NY Reg SHS | Add +1.3% | 1.71% | +0.11 |
| SCHO Schwab Short-Term US Treas | New | 0.11% | +0.11 |
| DXCM Dexcom Inc. | Add +0.4% | 1.53% | −0.04 |
| CDNS Cadence Design SYS Inc. | Add +2.3% | 1.47% | −0.06 |
| AMD Advanced Micro Devices | Add +0.3% | 1.67% | −0.10 |
| CMG Chipotle Mexican Grill Inc. | Add +0.9% | 3.09% | −0.24 |
| NVDA Nvidia Corp. | Add +1.8% | 7.50% | −0.76 |
| MRVL Marvell Technology Inc. | Add +0.1% | 1.30% | −0.81 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 40 | $550.8M | AMD, NVDA, AMZN, GOOG, CRWD |
| Q1 2026 | 38 | $481.9M | NVDA, AMZN, META, MSFT, MA |
| Q4 2025 | 39 | $561.0M | NVDA, AMZN, MSFT, META, MA |
| Q3 2025 | 38 | $585.7M | NVDA, AMZN, MSFT, META, NOW |
| Q2 2025 | 39 | $584.1M | NVDA, AMZN, NOW, META, MSFT |
| Q1 2025 | 37 | $490.7M | AMZN, NVDA, MA, NOW, MSFT |
| Q4 2024 | 34 | $542.8M | AMZN, NOW, NVDA, MSFT, MA |
| Q3 2024 | 36 | $527.3M | NVDA, AMZN, NOW, MSFT, MA |
| Q2 2024 | 36 | $541.7M | AMZN, NVDA, MSFT, NOW, MA |
| Q1 2024 | 35 | $530.4M | AMZN, NVDA, MSFT, NOW, MA |