Karani Asset Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Karani Asset Management LLC reported 41 stock positions worth $94.5 million. Its top holding was Rli (RLI) at 6.8% of the portfolio, followed by Deere (DE, 6.2%) and Apple (AAPL, 6.0%). Compared with Q4 2024, it opened 13 new positions, added to 3 and reduced 25. The biggest buy was a new position in Procter & Gamble (PG) and the biggest sale KKR (KKR, shares −38%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001792430
- Portfolio Value
- $94.5M (Q1 2025)
- SEC Filing
- 0001641172-25-010905 ↗ filed May 15, 2025
Holdings Value
Holdings 41 stocks · $94.5M
| RLI Rli Corp. | 6.84% | 80,427 | $6.5M | Reduce -7.9% |
| DE Deere & Co. | 6.16% | 12,406 | $5.8M | Reduce -22.3% |
| AAPL Apple Inc. | 6.02% | 25,603 | $5.7M | Reduce -8.7% |
| MA Mastercard Inc. Class A | 5.74% | 9,888 | $5.4M | Reduce -19.3% |
| GOOGL Alphabet Inc. Class A | 5.43% | 33,165 | $5.1M | Reduce -10.5% |
| NVDA Nvidia Corp. | 5.28% | 46,005 | $5.0M | Reduce -14.3% |
| AXP American Express Co. | 4.49% | 15,764 | $4.2M | Reduce -20.2% |
| MSFT Microsoft Corp. | 4.39% | 11,035 | $4.1M | Reduce -24.3% |
| ADBE Adobe Inc. | 4.31% | 10,608 | $4.1M | Add +5.0% |
| TXN Texas Instruments Inc. | 4.04% | 21,241 | $3.8M | Reduce -5.0% |
| EOG EOG Resources Inc. | 3.88% | 28,548 | $3.7M | Reduce -1.0% |
| INTU Intuit Inc. | 3.65% | 5,617 | $3.4M | Reduce -7.0% |
| ASML ASML Holding NV-NY Reg SHS | 3.47% | 4,943 | $3.3M | Reduce -10.3% |
| CMI Cummins Inc. | 3.19% | 9,620 | $3.0M | Reduce -15.0% |
| STLD Steel Dynamics Inc. | 3.11% | 23,475 | $2.9M | Reduce -0.1% |
| CDNS Cadence Design SYS Inc. | 2.86% | 10,618 | $2.7M | Reduce -20.4% |
| PHM Pultegroup Inc. | 2.58% | 23,674 | $2.4M | Reduce -27.5% |
| PG The Procter & Gamble Co. | 2.55% | 14,146 | $2.4M | New |
| V Visa Inc. Class A | 2.53% | 6,811 | $2.4M | Add +63.2% |
| KKR KKR & Co. Inc. | 2.49% | 20,376 | $2.4M | Reduce -37.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 2.25% | 30,632 | $2.1M | Add +28.8% |
| NVR NVR Inc. | 2.12% | 277 | $2.0M | Reduce -23.9% |
| COST Costco Wholesale Corp. | 1.37% | 1,373 | $1.3M | Reduce -47.4% |
| SPGI S&P Global Inc. | 1.29% | 2,398 | $1.2M | New |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 1.26% | 1,202 | $1.2M | New |
| MRK Merck & Co. Inc. | 1.20% | 12,605 | $1.1M | Reduce -0.2% |
| IVV iShares Core S&P 500 ETF | 1.14% | 1,924 | $1.1M | Reduce -23.4% |
| REGN Regeneron Pharmaceuticals | 1.02% | 1,512 | $959K | Reduce -34.9% |
| ADSK Autodesk Inc. | 0.71% | 2,552 | $668K | New |
| CL Colgate-Palmolive Co. | 0.64% | 6,494 | $608K | New |
| LLY Eli Lilly & Co. | 0.63% | 725 | $599K | New |
| JPM JPMorgan Chase & Co. | 0.63% | 2,416 | $593K | Reduce -19.5% |
| KLAC KLA Corp. | 0.44% | 610 | $415K | New |
| AMAT Applied Materials Inc. | 0.43% | 2,810 | $408K | Reduce -26.5% |
| LRCX Lam Research Corp. | 0.43% | 5,566 | $405K | New |
| SNPS Synopsys Inc. | 0.36% | 797 | $342K | New |
| CSCO Cisco Systems Inc. | 0.32% | 4,876 | $301K | New |
| MSCI MSCI Inc. | 0.32% | 527 | $298K | New |
| LULU Lululemon Athletica Inc. | 0.27% | 894 | $253K | New |
| TT Trane Technologies PLC | 0.11% | 300 | $101K | Reduce -31.8% |
| META Meta Platforms Inc. Class A | 0.07% | 108 | $62K | New |
Portfolio Sells Q4 2024 → Q1 2025
| KKR KKR & Co. Inc. | Reduce -37.9% | 2.49% | −2.04 |
| NVDA Nvidia Corp. | Reduce -14.3% | 5.28% | −1.45 |
| MSFT Microsoft Corp. | Reduce -24.3% | 4.39% | −1.35 |
| GOOGL Alphabet Inc. Class A | Reduce -10.5% | 5.43% | −1.12 |
| AXP American Express Co. | Reduce -20.2% | 4.49% | −0.98 |
| CDNS Cadence Design SYS Inc. | Reduce -20.4% | 2.86% | −0.88 |
| COST Costco Wholesale Corp. | Reduce -47.4% | 1.37% | −0.85 |
| PHM Pultegroup Inc. | Reduce -27.5% | 2.58% | −0.74 |
| NVR NVR Inc. | Reduce -23.9% | 2.12% | −0.65 |
| AAPL Apple Inc. | Reduce -8.7% | 6.02% | −0.53 |
| REGN Regeneron Pharmaceuticals | Reduce -34.9% | 1.02% | −0.53 |
| CMI Cummins Inc. | Reduce -15.0% | 3.19% | −0.49 |
| MA Mastercard Inc. Class A | Reduce -19.3% | 5.74% | −0.28 |
| IVV iShares Core S&P 500 ETF | Reduce -23.4% | 1.14% | −0.24 |
| DE Deere & Co. | Reduce -22.3% | 6.16% | −0.15 |
| AMAT Applied Materials Inc. | Reduce -26.5% | 0.43% | −0.15 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -10.3% | 3.47% | −0.10 |
| TT Trane Technologies PLC | Reduce -31.8% | 0.11% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -19.5% | 0.63% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -0.2% | 1.20% | +0.03 |
| INTU Intuit Inc. | Reduce -7.0% | 3.65% | +0.11 |
| RLI Rli Corp. | Reduce -7.9% | 6.84% | +0.12 |
| TXN Texas Instruments Inc. | Reduce -5.0% | 4.04% | +0.13 |
| EOG EOG Resources Inc. | Reduce -1.0% | 3.88% | +0.58 |
| STLD Steel Dynamics Inc. | Reduce -0.1% | 3.11% | +0.61 |
Portfolio Buys Q4 2024 → Q1 2025
| PG The Procter & Gamble Co. | New | 2.55% | +2.55 |
| V Visa Inc. Class A | Add +63.2% | 2.53% | +1.30 |
| SPGI S&P Global Inc. | New | 1.29% | +1.29 |
| GWW WW Grainger Inc. | New | 1.26% | +1.26 |
| ADSK Autodesk Inc. | New | 0.71% | +0.71 |
| CL Colgate-Palmolive Co. | New | 0.64% | +0.64 |
| LLY Eli Lilly & Co. | New | 0.63% | +0.63 |
| KLAC KLA Corp. | New | 0.44% | +0.44 |
| LRCX Lam Research Corp. | New | 0.43% | +0.43 |
| SNPS Synopsys Inc. | New | 0.36% | +0.36 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +28.8% | 2.25% | +0.34 |
| CSCO Cisco Systems Inc. | New | 0.32% | +0.32 |
| MSCI MSCI Inc. | New | 0.32% | +0.32 |
| LULU Lululemon Athletica Inc. | New | 0.27% | +0.27 |
| ADBE Adobe Inc. | Add +5.0% | 4.31% | +0.11 |
| META Meta Platforms Inc. Class A | New | 0.07% | +0.07 |
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 |