In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 5, 2026), Katamaran Capital LLP reported 28 stock positions worth $112.3 million . Its top holding was Mastercard Class A (MA) at 12.3% of the portfolio, followed by Visa Class A (V, 12.3% ) and Amphenol Class A (APH, 6.1% ). Compared with Q4 2025, it opened 9 new positions, sold out of 15, added to 9 and reduced 10. The biggest buy was Mastercard Class A (MA, shares +166% ) and the biggest sale Microsoft (MSFT, shares −63% ).
Location LONDON, X0
CIK 0002025353
Portfolio Value $112.3M (Q1 2026) Holdings 28 stocks · $112.3M 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 Q4 2025 MA Mastercard Inc. Class A 27,735 $13.9M Add +166.2% V Visa Inc. Class A 45,555 $13.8M Add +91.9% APH Amphenol Corp. Class A 54,604 $6.9M Add +159.0% TSM Taiwan Semiconductor-SP ADR 19,031 $6.4M Add +5.1% AMZN Amazon.com Inc. 28,445 $5.9M Add +240.4% META Meta Platforms Inc. Class A 10,095 $5.8M Reduce -25.9% ADI Analog Devices Inc. 15,657 $5.0M Reduce -7.4% ROKU Roku Inc. 52,548 $5.0M Add +90.8% AVGO Broadcom Inc. 15,674 $4.9M New STX Seagate Technology Holdings 11,623 $4.6M New MCO Moody's Corp. 9,865 $4.3M Add +112.1% SSNC Ss&c Technologies Holdings 58,581 $4.0M Reduce -4.3% SMTC Semtech Corp. 41,082 $3.2M Add +148.8% SPOT Spotify Technology SA 6,123 $3.0M Reduce -45.0% MSFT Microsoft Corp. 7,907 $2.9M Reduce -62.9% KO The Coca-Cola Co. 37,502 $2.9M New BE Bloom Energy Corp. Class A 17,562 $2.4M New LRCX Lam Research Corp. 10,849 $2.3M Reduce -2.5% INTC Intel Corp. 51,364 $2.3M New TSEM Tower Semiconductor Ltd. 12,427 $2.2M Reduce -53.5% MTSI Macom Technology Solutions H 9,009 $2.0M Reduce -44.7% FIX Comfort Systems USA Inc. 1,349 $1.9M Reduce -62.0% TXN Texas Instruments Inc. 9,116 $1.8M New COHR Coherent Corp. 5,631 $1.3M New RKLB Rocket Lab Corp. 19,808 $1.3M Add +86.2% NVT Nvent Electric PLC 10,036 $1.2M Reduce -52.9% PLNT Planet Fitness Inc. Class A 13,095 $974K New ANET Arista Networks Inc. 4,908 $603K New
Options reported separately and not counted above: SMH puts ($6.1M), QQQ puts ($5.9M).
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ MSFT Microsoft Corp. Reduce -62.9% 2.61% −5.20 MSI Motorola Solutions Inc. Sold out 0.00% −4.42 PODD Insulet Corp. Sold out 0.00% −3.93 SNOW Snowflake Inc. Sold out 0.00% −3.66 VZ Verizon Communications Inc. Sold out 0.00% −3.48 BABA Alibaba Group Holding-SP ADR Sold out 0.00% −3.41 NTNX Nutanix Inc. Class A Sold out 0.00% −3.37 FICO Fair Isaac Corp. Sold out 0.00% −2.70 SHOP Shopify Inc. Class A Sold out 0.00% −2.57 NVDA Nvidia Corp. Sold out 0.00% −2.35 SPOT Spotify Technology SA Reduce -45.0% 2.64% −2.25 INTU Intuit Inc. Sold out 0.00% −2.18 CSGP Costar Group Inc. Sold out 0.00% −1.86 AMKR Amkor Technology Inc. Sold out 0.00% −1.73 META Meta Platforms Inc. Class A Reduce -25.9% 5.14% −1.67 SNDK Sandisk Corp. Sold out 0.00% −1.36 SNPS Synopsys Inc. Sold out 0.00% −1.06 FIX Comfort Systems USA Inc. Reduce -62.0% 1.66% −0.85 FROG Jfrog Ltd. Sold out 0.00% −0.68 NVT Nvent Electric PLC Reduce -52.9% 1.06% −0.59 SSNC Ss&c Technologies Holdings Reduce -4.3% 3.52% −0.53 TSEM Tower Semiconductor Ltd. Reduce -53.5% 1.94% −0.43 MTSI Macom Technology Solutions H Reduce -44.7% 1.78% −0.33 LRCX Lam Research Corp. Reduce -2.5% 2.06% +0.62 ADI Analog Devices Inc. Reduce -7.4% 4.43% +0.97
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ MA Mastercard Inc. Class A Add +166.2% 12.34% +7.84 V Visa Inc. Class A Add +91.9% 12.26% +5.96 AVGO Broadcom Inc. New 4.32% +4.32 STX Seagate Technology Holdings New 4.05% +4.05 APH Amphenol Corp. Class A Add +159.0% 6.14% +3.99 AMZN Amazon.com Inc. Add +240.4% 5.27% +3.81 KO The Coca-Cola Co. New 2.54% +2.54 ROKU Roku Inc. Add +90.8% 4.43% +2.16 BE Bloom Energy Corp. Class A New 2.12% +2.12 MCO Moody's Corp. Add +112.1% 3.83% +2.03 INTC Intel Corp. New 2.02% +2.02 SMTC Semtech Corp. Add +148.8% 2.81% +1.89 TXN Texas Instruments Inc. New 1.58% +1.58 TSM Taiwan Semiconductor-SP ADR Add +5.1% 5.73% +1.56 COHR Coherent Corp. New 1.19% +1.19 PLNT Planet Fitness Inc. Class A New 0.87% +0.87 RKLB Rocket Lab Corp. Add +86.2% 1.13% +0.57 ANET Arista Networks Inc. New 0.54% +0.54
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ SMH Vaneck Semiconductor ETF put New 15,800 $6.1M QQQ Invesco QQQ Trust Series 1 put New 10,200 $5.9M
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