In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 24, 2025), Katamaran Capital LLP reported 25 stock positions worth $102.9 million . Its top holding was Amazon.com (AMZN) at 10.3% of the portfolio, followed by Mastercard Class A (MA, 8.0% ) and Meta Platforms Class A (META, 7.9% ). Compared with Q1 2025, it opened 9 new positions, sold out of 13, added to 11 and reduced 5. The biggest buy was Microsoft (MSFT, shares +250% ) and the biggest sale an exit from Alibaba Group Holding-SP ADR (BABA).
Location LONDON, X0
CIK 0002025353
Portfolio Value $102.9M (Q2 2025) Holdings 25 stocks · $102.9M 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 2025 AMZN Amazon.com Inc. 48,348 $10.6M Add +56.5% MA Mastercard Inc. Class A 14,699 $8.3M Add +106.4% META Meta Platforms Inc. Class A 11,045 $8.2M Reduce -11.3% MSFT Microsoft Corp. 14,066 $7.0M Add +250.4% V Visa Inc. Class A 19,621 $7.0M Add +122.2% SSNC Ss&c Technologies Holdings 62,183 $5.1M Add +31.0% ADI Analog Devices Inc. 20,601 $4.9M Add +44.3% LRCX Lam Research Corp. 49,471 $4.8M Add +0.7% FICO Fair Isaac Corp. 2,530 $4.6M New CDNS Cadence Design SYS Inc. 14,300 $4.4M New MSI Motorola Solutions Inc. 10,082 $4.2M New TSM Taiwan Semiconductor-SP ADR 16,587 $3.8M Reduce -11.3% TJX TJX Companies Inc. filed as TJX COS INC NEW 30,359 $3.7M Add +367.9% KO The Coca-Cola Co. 48,415 $3.4M Reduce -11.2% FROG Jfrog Ltd. 77,766 $3.4M Add +2.3% SPOT Spotify Technology SA 4,381 $3.4M Reduce -31.7% NVDA Nvidia Corp. 18,141 $2.9M New DG Dollar General Corp. 22,368 $2.6M New NTNX Nutanix Inc. Class A 30,038 $2.3M Add +29.1% MSCI MSCI Inc. 3,131 $1.8M New AMD Advanced Micro Devices 12,243 $1.7M New AVGO Broadcom Inc. 6,155 $1.7M Add +12.6% AMBA Ambarella Inc. 20,595 $1.4M New PODD Insulet Corp. 3,881 $1.2M Reduce -66.3% FIX Comfort Systems USA Inc. 951 $510K New
Options reported separately and not counted above: QQQ puts ($4.8M).
Portfolio Sells Q1 2025 → Q2 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▲ BABA Alibaba Group Holding-SP ADR Sold out 0.00% −4.88 BRBR Bellring Brands Inc. Sold out 0.00% −4.49 PRMB Primo Brands Corp. Sold out 0.00% −4.33 EQIX Equinix Inc. Sold out 0.00% −3.80 SKX Skechers USA Inc. Class A Sold out 0.00% −3.31 PODD Insulet Corp. Reduce -66.3% 1.19% −2.76 INTC Intel Corp. Sold out 0.00% −2.03 PCTY Paylocity Holding Corp. Sold out 0.00% −1.89 TXN Texas Instruments Inc. Sold out 0.00% −1.88 ORCL Oracle Corp. Sold out 0.00% −1.85 KO The Coca-Cola Co. Reduce -11.2% 3.33% −1.76 SNDK Sandisk Corp. Sold out 0.00% −1.50 T AT&T Inc. Sold out 0.00% −1.49 META Meta Platforms Inc. Class A Reduce -11.3% 7.92% −1.42 CRM Salesforce Inc. Sold out 0.00% −1.36 SPOT Spotify Technology SA Reduce -31.7% 3.27% −1.33 TSM Taiwan Semiconductor-SP ADR Reduce -11.3% 3.65% −0.39 TEAM Atlassian Corp. Class A Sold out 0.00% −0.37
Portfolio Buys Q1 2025 → Q2 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▼ MSFT Microsoft Corp. Add +250.4% 6.80% +4.84 FICO Fair Isaac Corp. New 4.50% +4.50 CDNS Cadence Design SYS Inc. New 4.28% +4.28 MSI Motorola Solutions Inc. New 4.12% +4.12 MA Mastercard Inc. Class A Add +106.4% 8.03% +2.95 NVDA Nvidia Corp. New 2.79% +2.79 V Visa Inc. Class A Add +122.2% 6.77% +2.74 AMZN Amazon.com Inc. Add +56.5% 10.31% +2.66 TJX TJX Companies Inc. Add +367.9% 3.64% +2.62 DG Dollar General Corp. New 2.49% +2.49 MSCI MSCI Inc. New 1.76% +1.76 AMD Advanced Micro Devices New 1.69% +1.69 AMBA Ambarella Inc. New 1.32% +1.32 ADI Analog Devices Inc. Add +44.3% 4.77% +1.02 FIX Comfort Systems USA Inc. New 0.50% +0.50 AVGO Broadcom Inc. Add +12.6% 1.65% +0.46 FROG Jfrog Ltd. Add +2.3% 3.32% +0.15 NTNX Nutanix Inc. Class A Add +29.1% 2.23% +0.12 LRCX Lam Research Corp. Add +0.7% 4.68% +0.03 SSNC Ss&c Technologies Holdings Add +31.0% 5.00% −0.16
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ QQQ Invesco QQQ Trust Series 1 put New 8,700 $4.8M RH RH put Sold out 4,200 $985Kbefore exit
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 35 $117.0M V, MA, BKNG, GLW, ADI Q1 2026 28 $112.3M MA, V, APH, TSM, AMZN Q4 2025 34 $132.1M MSFT, META, V, SPOT, MA Q3 2025 27 $109.6M AMZN, SPOT, META, FICO, MSFT Q2 2025 25 $102.9M AMZN, MA, META, MSFT, V Q1 2025 29 $76.8M META, AMZN, SSNC, KO, MA Q4 2024 29 $74.7M META, AMZN, TSM, CSGP, AVGO