Karani Asset Management LLC In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Karani Asset Management LLC reported 56 stock positions worth $137.7 million . Its top holding was Nvidia (NVDA) at 9.5% of the portfolio, followed by Apple (AAPL, 9.1% ) and Alphabet Class A (GOOGL, 8.1% ). Compared with Q1 2026, it opened 9 new positions, sold out of 6, added to 20 and reduced 24. The biggest buy was Advanced Micro Devices (AMD, shares +9% ) and the biggest sale an exit from Jack Henry & Associates (JKHY).
Location NEW YORK, NY
CIK 0001792430
Portfolio Value $137.7M (Q2 2026) Holdings 56 stocks · $137.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2026 NVDA Nvidia Corp. 65,153 $13.0M Add +4.0% AAPL Apple Inc. 43,229 $12.5M Add +4.0% GOOGL Alphabet Inc. Class A 31,100 $11.1M Add +3.1% MSFT Microsoft Corp. 21,877 $8.2M Add +3.4% ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 3,214 $6.4M Reduce -20.7% AMAT Applied Materials Inc. 7,451 $5.4M Reduce -20.9% CMI Cummins Inc. 6,747 $4.8M Reduce -7.2% MA Mastercard Inc. Class A 8,839 $4.5M Add +1.7% AMD Advanced Micro Devices 7,755 $4.5M Add +8.9% STLD Steel Dynamics Inc. 17,764 $4.1M Reduce -23.1% AXP American Express Co. 12,023 $4.1M Reduce -0.6% LRCX Lam Research Corp. 9,330 $4.0M Reduce -1.7% RLI Rli Corp. 68,106 $4.0M Reduce -13.8% DE Deere & Co. 6,216 $3.9M Reduce -6.0% JPM JPMorgan Chase & Co. 11,048 $3.6M Add +9.3% SPGI S&P Global Inc. 8,769 $3.6M Reduce -8.1% ODFL Old Dominion Freight Line 15,470 $3.4M Reduce -20.1% ADI Analog Devices Inc. 5,839 $2.3M Add +20.8% KLAC KLA Corp. 7,560 $2.3M Reduce -28.7% TXN Texas Instruments Inc. 7,360 $2.2M Reduce -17.3% CDNS Cadence Design SYS Inc. 5,703 $2.1M Add +26.4% CAT Caterpillar Inc. 1,986 $2.1M Add +14.7% INTU Intuit Inc. 7,490 $2.0M Add +9.3% GE General Electric filed as GE AEROSPACE 4,306 $1.6M No change SNPS Synopsys Inc. 3,213 $1.4M Add +4.7% MSI Motorola Solutions Inc. 3,219 $1.3M Add +246.9% SYK Stryker Corp. 4,235 $1.3M Add +239.6% LLY Eli Lilly & Co. 1,028 $1.2M Reduce -0.2% NOW ServiceNow Inc. 11,915 $1.2M Add +213.2% IVV iShares Core S&P 500 ETF 1,527 $1.1M No change GEV GE Vernova Inc. 960 $1.1M Add +32.6% MRK Merck & Co. Inc. 7,836 $1.0M No change PG The Procter & Gamble Co. 6,820 $1.0M Add +54.4% TRV The Travelers Cos Inc. 2,240 $739K Add +56.3% CSCO Cisco Systems Inc. 6,208 $729K Reduce -27.0% BSX Boston Scientific Corp. 17,028 $727K Add +40.2% CRM Salesforce Inc. 4,523 $709K Add +1.0% DAL Delta Air Lines Inc. 7,233 $677K Reduce -38.5% MS Morgan Stanley 2,888 $604K New PGR Progressive Corp. 2,643 $577K New MAR Marriott International Class A 1,452 $538K New JNJ Johnson & Johnson 2,115 $537K Reduce -0.2% GWW WW Grainger Inc. 391 $532K New HLT Hilton Worldwide Holdings Inc. 1,606 $531K New NVO Novo-Nordisk A/S-Spons ADR 9,709 $465K Reduce -0.0% ROP Roper Technologies Inc. 1,300 $440K Reduce -25.2% ETN Eaton Corp. PLC 987 $421K New ADSK Autodesk Inc. 2,019 $393K Reduce -28.3% BKR Baker Hughes Co. 6,926 $384K Reduce -26.5% URI United Rentals Inc. 326 $369K New NXPI NXP Semiconductors NV 1,259 $354K New CL Colgate-Palmolive Co. 3,762 $345K Reduce -20.2% SLB SLB Ltd. filed as SLB LIMITED 7,280 $338K Reduce -25.2% FDS Factset Research Systems Inc. 1,237 $285K Reduce -30.0% ADBE Adobe Inc. 1,296 $266K Reduce -25.2% BKNG Booking Holdings Inc. 1,266 $226K New
Options reported separately and not counted above: SPY puts ($971K).
Portfolio Sells Q1 2026 → Q2 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▲ JKHY Jack Henry & Associates Inc. Sold out 0.00% −1.99 RLI Rli Corp. Reduce -13.8% 2.92% −1.03 SPGI S&P Global Inc. Reduce -8.1% 2.59% −0.96 ODFL Old Dominion Freight Line Reduce -20.1% 2.43% −0.88 STLD Steel Dynamics Inc. Reduce -23.1% 2.96% −0.68 DE Deere & Co. Reduce -6.0% 2.86% −0.40 NKE Nike Inc. Class B Sold out 0.00% −0.31 LULU Lululemon Athletica Inc. Sold out 0.00% −0.31 ADSK Autodesk Inc. Reduce -28.3% 0.28% −0.30 AXP American Express Co. Reduce -0.6% 2.95% −0.25 BKR Baker Hughes Co. Reduce -26.5% 0.28% −0.22 ROP Roper Technologies Inc. Reduce -25.2% 0.32% −0.22 DAL Delta Air Lines Inc. Reduce -38.5% 0.49% −0.19 SLB SLB Ltd. Reduce -25.2% 0.25% −0.19 ADBE Adobe Inc. Reduce -25.2% 0.19% −0.18 FDS Factset Research Systems Inc. Reduce -30.0% 0.21% −0.13 CL Colgate-Palmolive Co. Reduce -20.2% 0.25% −0.10 TT Trane Technologies PLC Sold out 0.00% −0.07 JNJ Johnson & Johnson Reduce -0.2% 0.39% −0.06 CSCO Cisco Systems Inc. Reduce -27.0% 0.53% −0.05 ASML ASML Holding NV-NY Reg SHS Reduce -20.7% 4.64% −0.04 GEHC GE Healthcare Technology Sold out 0.00% −0.03 BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.01 NVO Novo-Nordisk A/S-Spons ADR Reduce -0.0% 0.34% +0.03 LLY Eli Lilly & Co. Reduce -0.2% 0.90% +0.07 CMI Cummins Inc. Reduce -7.2% 3.49% +0.07 TXN Texas Instruments Inc. Reduce -17.3% 1.59% +0.08 KLAC KLA Corp. Reduce -28.7% 1.66% +0.29 AMAT Applied Materials Inc. Reduce -20.9% 3.91% +1.09 LRCX Lam Research Corp. Reduce -1.7% 2.94% +1.16
Portfolio Buys Q1 2026 → Q2 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▼ AMD Advanced Micro Devices Add +8.9% 3.27% +2.00 MSI Motorola Solutions Inc. Add +246.9% 0.97% +0.62 SYK Stryker Corp. Add +239.6% 0.97% +0.61 NOW ServiceNow Inc. Add +213.2% 0.86% +0.51 GOOGL Alphabet Inc. Class A Add +3.1% 8.07% +0.47 CAT Caterpillar Inc. Add +14.7% 1.54% +0.46 CDNS Cadence Design SYS Inc. Add +26.4% 1.55% +0.46 MS Morgan Stanley New 0.44% +0.44 PGR Progressive Corp. New 0.42% +0.42 MAR Marriott International Class A New 0.39% +0.39 GWW WW Grainger Inc. New 0.39% +0.39 HLT Hilton Worldwide Holdings Inc. New 0.39% +0.39 ADI Analog Devices Inc. Add +20.8% 1.68% +0.34 ETN Eaton Corp. PLC New 0.31% +0.31 URI United Rentals Inc. New 0.27% +0.27 GEV GE Vernova Inc. Add +32.6% 0.82% +0.27 NXPI NXP Semiconductors NV New 0.26% +0.26 TRV The Travelers Cos Inc. Add +56.3% 0.54% +0.17 PG The Procter & Gamble Co. Add +54.4% 0.73% +0.17 BKNG Booking Holdings Inc. New 0.16% +0.16 JPM JPMorgan Chase & Co. Add +9.3% 2.63% +0.02 SNPS Synopsys Inc. Add +4.7% 1.04% −0.02 NVDA Nvidia Corp. Add +4.0% 9.46% −0.10 BSX Boston Scientific Corp. Add +40.2% 0.53% −0.14 AAPL Apple Inc. Add +4.0% 9.08% −0.15 CRM Salesforce Inc. Add +1.0% 0.51% −0.22 MA Mastercard Inc. Class A Add +1.7% 3.30% −0.51 MSFT Microsoft Corp. Add +3.4% 5.92% −0.93 INTU Intuit Inc. Add +9.3% 1.42% −1.17
Options Activity Q1 2026 → Q2 2026 Security Type Change vs Q1 2026 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Reduce -89.3% 1,300 $971K
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 56 $137.7M NVDA, AAPL, GOOGL, MSFT, ASML Q1 2026 53 $114.2M NVDA, AAPL, GOOGL, MSFT, ASML Q4 2025 35 $114.0M GOOGL, ASML, NVDA, AAPL, SPGI Q3 2025 36 $117.1M NVDA, GOOGL, ASML, MSFT, AAPL Q2 2025 39 $103.2M NVDA, MA, MSFT, AXP, GOOGL Q1 2025 41 $94.5M RLI, DE, AAPL, MA, GOOGL Q4 2024 28 $107.2M NVDA, RLI, AAPL, GOOGL, DE