Ithaka Group LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Ithaka Group LLC reported 38 stock positions worth $585.7 million. Its top holding was Nvidia (NVDA) at 8.5% of the portfolio, followed by Amazon.com (AMZN, 7.3%) and Microsoft (MSFT, 7.2%). Compared with Q2 2025, it opened 2 new positions, sold out of 3, added to 7 and reduced 26. The biggest buy was a new position in Oracle (ORCL) and the biggest sale an exit from Chipotle Mexican Grill (CMG).
- Most Recent 13F
- Q2 2026
- Location
- ARLINGTON, VA
- CIK
- 0001484043
- Portfolio Value
- $585.7M (Q3 2025)
- SEC Filing
- 0001104659-25-109736 ↗ filed Nov 12, 2025
Holdings Value
Holdings 38 stocks · $585.7M
| NVDA Nvidia Corp. | 8.50% | 266,956 | $49.8M | Reduce -13.2% |
| AMZN Amazon.com Inc. | 7.32% | 195,256 | $42.9M | Reduce -1.2% |
| MSFT Microsoft Corp. | 7.22% | 81,656 | $42.3M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 6.84% | 54,538 | $40.1M | Reduce -1.6% |
| NOW ServiceNow Inc. | 6.38% | 40,583 | $37.3M | Reduce -1.0% |
| MA Mastercard Inc. Class A | 5.88% | 60,552 | $34.4M | Reduce -0.3% |
| NFLX Netflix Inc. | 4.14% | 20,242 | $24.3M | Reduce -0.2% |
| SHOP Shopify Inc. Class A | 3.18% | 125,364 | $18.6M | Reduce -0.1% |
| V Visa Inc. Class A | 3.08% | 52,896 | $18.1M | Reduce -19.6% |
| MELI MercadoLibre Inc. | 3.04% | 7,612 | $17.8M | Add +19.2% |
| ISRG Intuitive Surgical Inc. | 3.03% | 39,635 | $17.7M | Reduce -1.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 2.96% | 35,356 | $17.3M | Reduce -0.2% |
| VEEV Veeva Systems Inc. Class A | 2.74% | 53,944 | $16.1M | Reduce -1.4% |
| ANET Arista Networks Inc. | 2.49% | 100,243 | $14.6M | Add +39.8% |
| UBER Uber Technologies Inc. | 2.47% | 147,873 | $14.5M | Reduce -0.3% |
| BX Blackstone Inc. | 2.45% | 83,848 | $14.3M | Reduce -0.3% |
| PANW Palo Alto Networks Inc. | 2.39% | 68,757 | $14.0M | Reduce -0.3% |
| CDNS Cadence Design SYS Inc. | 2.38% | 39,606 | $13.9M | Add +46.7% |
| HOOD Robinhood Markets Inc. Class A | 2.25% | 92,028 | $13.2M | Add +0.0% |
| ORCL Oracle Corp. | 2.23% | 46,349 | $13.0M | New |
| AMD Advanced Micro Devices | 2.08% | 75,356 | $12.2M | Reduce -0.3% |
| PLTR Palantir Technologies Inc. Class A | 1.95% | 62,698 | $11.4M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 1.91% | 45,956 | $11.2M | Add +3495.9% |
| INTU Intuit Inc. | 1.72% | 14,746 | $10.1M | Reduce -0.1% |
| PODD Insulet Corp. | 1.45% | 27,474 | $8.5M | Reduce -0.6% |
| MRVL Marvell Technology Inc. | 1.38% | 96,291 | $8.1M | Reduce -0.2% |
| APH Amphenol Corp. Class A | 1.19% | 56,107 | $6.9M | New |
| DXCM Dexcom Inc. | 1.17% | 102,183 | $6.9M | Reduce -0.4% |
| LLY Eli Lilly & Co. | 1.10% | 8,407 | $6.4M | Add +0.1% |
| COIN Coinbase Global Inc. Class A | 1.09% | 18,884 | $6.4M | Reduce -0.1% |
| ELF Elf Beauty Inc. | 1.00% | 44,135 | $5.8M | Add +2.1% |
| AXON Axon Enterprise Inc. | 0.89% | 7,293 | $5.2M | Reduce -0.1% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.82% | 97,990 | $4.8M | Reduce -0.6% |
| JCI Johnson Controls Internation | 0.72% | 38,139 | $4.2M | No change |
| AAPL Apple Inc. | 0.41% | 9,326 | $2.4M | No change |
| SWVXX Schwa Prime Adv Money FD-Inv filed as SCHWAB PRIME ADVANTAGE MONEY INVESTOR | 0.09% | 511,443 | $511K | Reduce -11.4% |
| PG The Procter & Gamble Co. | 0.04% | 1,500 | $230K | No change |
| ADBE Adobe Inc. | 0.04% | 628 | $222K | Reduce -31.1% |
Portfolio Sells Q2 2025 → Q3 2025
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −2.75 |
| CRM Salesforce Inc. | Sold out | 0.00% | −1.99 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −1.63 |
| V Visa Inc. Class A | Reduce -19.6% | 3.08% | −0.91 |
| NOW ServiceNow Inc. | Reduce -1.0% | 6.38% | −0.84 |
| ISRG Intuitive Surgical Inc. | Reduce -1.0% | 3.03% | −0.70 |
| NFLX Netflix Inc. | Reduce -0.2% | 4.14% | −0.51 |
| TTD Trade Desk Inc./the Class A | Reduce -0.6% | 0.82% | −0.40 |
| DXCM Dexcom Inc. | Reduce -0.4% | 1.17% | −0.36 |
| INTU Intuit Inc. | Reduce -0.1% | 1.72% | −0.27 |
| META Meta Platforms Inc. Class A | Reduce -1.6% | 6.84% | −0.17 |
| AXON Axon Enterprise Inc. | Reduce -0.1% | 0.89% | −0.14 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.2% | 2.96% | −0.13 |
| AMZN Amazon.com Inc. | Reduce -1.2% | 7.32% | −0.10 |
| COIN Coinbase Global Inc. Class A | Reduce -0.1% | 1.09% | −0.05 |
| PODD Insulet Corp. | Reduce -0.6% | 1.45% | −0.04 |
| PANW Palo Alto Networks Inc. | Reduce -0.3% | 2.39% | −0.03 |
| ADBE Adobe Inc. | Reduce -31.1% | 0.04% | −0.02 |
| SWVXX Schwa Prime Adv Money FD-Inv | Reduce -11.4% | 0.09% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -0.3% | 5.88% | +0.04 |
| VEEV Veeva Systems Inc. Class A | Reduce -1.4% | 2.74% | +0.05 |
| MRVL Marvell Technology Inc. | Reduce -0.2% | 1.38% | +0.10 |
| UBER Uber Technologies Inc. | Reduce -0.3% | 2.47% | +0.11 |
| NVDA Nvidia Corp. | Reduce -13.2% | 8.50% | +0.18 |
| AMD Advanced Micro Devices | Reduce -0.3% | 2.08% | +0.24 |
| MSFT Microsoft Corp. | Reduce -0.2% | 7.22% | +0.25 |
| BX Blackstone Inc. | Reduce -0.3% | 2.45% | +0.29 |
| PLTR Palantir Technologies Inc. Class A | Reduce -0.1% | 1.95% | +0.49 |
| SHOP Shopify Inc. Class A | Reduce -0.1% | 3.18% | +0.70 |
Portfolio Buys Q2 2025 → Q3 2025
| ORCL Oracle Corp. | New | 2.23% | +2.23 |
| GOOG Alphabet Inc. Class C | Add +3495.9% | 1.91% | +1.87 |
| ANET Arista Networks Inc. | Add +39.8% | 2.49% | +1.24 |
| APH Amphenol Corp. Class A | New | 1.19% | +1.19 |
| CDNS Cadence Design SYS Inc. | Add +46.7% | 2.38% | +0.95 |
| HOOD Robinhood Markets Inc. Class A | Add +0.0% | 2.25% | +0.77 |
| MELI MercadoLibre Inc. | Add +19.2% | 3.04% | +0.18 |
| ELF Elf Beauty Inc. | Add +2.1% | 1.00% | +0.08 |
| LLY Eli Lilly & Co. | Add +0.1% | 1.10% | −0.03 |
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 |