Knollwood Investment Advisory, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Knollwood Investment Advisory, LLC reported 354 stock positions worth $1.0 billion. Its top holding was Nvidia (NVDA) at 7.1% of the portfolio, followed by Microsoft (MSFT, 4.4%) and Amazon.com (AMZN, 4.3%). Compared with Q1 2025, it opened 6 new positions, sold out of 8, added to 6 and reduced 5. The biggest buy was Rubrik Class A (RBRK, shares +142%) and the biggest sale an exit from Iqvia (IQV).

Most Recent 13F
Q2 2026
Location
HUNT VALLEY, MD
CIK
0001999346
Portfolio Value
$1.0B (Q2 2025)
SEC Filing
0001085146-25-005040 ↗ filed Aug 13, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $553.4M Q1 2024 Q2 2024: $899.1M Q2 2024 Q3 2024: $934.0M Q3 2024 Q4 2024: $955.9M Q4 2024 Q1 2025: $904.7M Q1 2025 Q2 2025: $1.0B $1.0B Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $991.7M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 354 stocks · $1.0B
NVDA Nvidia Corp. 7.14% 470,335 $74.3M No change
MSFT Microsoft Corp. 4.36% 91,230 $45.4M No change
AMZN Amazon.com Inc. 4.35% 206,432 $45.3M No change
META Meta Platforms Inc. Class A 3.73% 52,633 $38.8M No change
AAPL Apple Inc. 2.95% 149,835 $30.7M No change
GOOG Alphabet Inc. Class C 2.17% 127,086 $22.5M No change
NOW ServiceNow Inc. 2.07% 20,971 $21.6M No change
NFLX Netflix Inc. 2.01% 15,662 $21.0M No change
V Visa Inc. Class A 1.98% 58,052 $20.6M No change
PLTR Palantir Technologies Inc. Class A 1.67% 127,200 $17.3M No change
GLD SPDR Gold Shares 1.63% 55,631 $17.0M No change
CRWD CrowdStrike Holdings Inc. Class A 1.43% 29,281 $14.9M No change
PANW Palo Alto Networks Inc. 1.19% 60,788 $12.4M No change
WES Western Midstream Partners L 1.12% 301,032 $11.6M No change
RBRK Rubrik Inc. Class A 1.04% 120,732 $10.8M Add +142.0%
LLY Eli Lilly & Co. 1.02% 13,599 $10.6M Add +10.6%
MA Mastercard Inc. Class A 0.99% 18,400 $10.3M No change
KLAC KLA Corp. 0.99% 11,490 $10.3M No change
TRGP Targa Resources Corp. 0.95% 56,715 $9.9M No change
AVGO Broadcom Inc. 0.93% 35,300 $9.7M No change
GOOGL Alphabet Inc. Class A 0.92% 54,100 $9.5M No change
MCHI iShares MSCI China ETF 0.91% 171,400 $9.4M No change
APH Amphenol Corp. Class A 0.87% 91,650 $9.1M No change
LNG Cheniere Energy Inc. 0.87% 36,991 $9.0M No change
INTU Intuit Inc. 0.77% 10,200 $8.0M No change
HLT Hilton Worldwide Holdings Inc. 0.77% 30,040 $8.0M No change
TSLA Tesla Inc. 0.76% 24,885 $7.9M No change
ANET Arista Networks Inc. 0.75% 76,400 $7.8M No change
CRM Salesforce Inc. 0.72% 27,482 $7.5M No change
SNPS Synopsys Inc. 0.71% 14,331 $7.3M No change
SPOT Spotify Technology SA 0.69% 9,400 $7.2M No change
LYFT LYFT Inc. Class A 0.68% 450,000 $7.1M Reduce -20.7%
HOOD Robinhood Markets Inc. Class A 0.67% 74,877 $7.0M No change
CDNS Cadence Design SYS Inc. 0.66% 22,425 $6.9M No change
APO Apollo Global Management Inc. 0.64% 46,611 $6.6M No change
FTNT Fortinet Inc. 0.62% 61,425 $6.5M No change
ORLY O'reilly Automotive Inc. 0.61% 70,590 $6.4M No change
AMD Advanced Micro Devices 0.60% 44,054 $6.3M No change
EPD Enterprise Products Partners 0.57% 192,935 $6.0M No change
CMG Chipotle Mexican Grill Inc. 0.57% 105,350 $5.9M No change
SPGI S&P Global Inc. 0.54% 10,605 $5.6M No change
FLTW Franklin Ftse Taiwan ETF 0.52% 103,200 $5.4M No change
ABNB Airbnb Inc. Class A 0.48% 37,985 $5.0M No change
ET Energy Transfer LP 0.48% 275,100 $5.0M No change
INDA iShares MSCI India ETF 0.48% 88,875 $4.9M No change
BKNG Booking Holdings Inc. 0.47% 851 $4.9M No change
CTAS Cintas Corp. 0.47% 21,896 $4.9M No change
MCK McKesson Corp. 0.46% 6,583 $4.8M No change
VRT Vertiv Holdings Co. Class A 0.46% 36,975 $4.7M Add +12.2%
COR Cencora Inc. 0.44% 15,250 $4.6M No change
HSAI Hesai Group 0.43% 202,192 $4.4M No change
TTWO Take-Two Interactive Softwre 0.41% 17,686 $4.3M No change
AZO AutoZone Inc. 0.41% 1,148 $4.3M No change
CVX Chevron Corp. 0.41% 29,709 $4.3M No change
MPWR Monolithic Power Systems Inc. 0.40% 5,685 $4.2M No change
LRCX Lam Research Corp. 0.39% 41,980 $4.1M No change
TT Trane Technologies PLC 0.39% 9,324 $4.1M No change
AXON Axon Enterprise Inc. 0.38% 4,750 $3.9M No change
IAU iShares Gold Trust 0.37% 61,376 $3.8M No change
MSCI MSCI Inc. 0.37% 6,597 $3.8M No change
TDG Transdigm Group Inc. 0.36% 2,478 $3.8M No change
XOM Exxon Mobil Corp. 0.34% 33,237 $3.6M No change
HD Home Depot Inc. 0.34% 9,528 $3.5M No change
IT Gartner Inc. 0.33% 8,424 $3.4M No change
VMC Vulcan Materials Co. 0.33% 13,021 $3.4M No change
DASH DoorDash Inc. Class A 0.32% 13,655 $3.4M Add +16.7%
CSGP Costar Group Inc. 0.32% 41,863 $3.4M No change
DDOG Datadog Inc. Class A 0.32% 25,041 $3.4M No change
TSM Taiwan Semiconductor-SP ADR 0.32% 14,818 $3.4M No change
NET Cloudflare Inc. Class A 0.32% 16,800 $3.3M No change
AMAT Applied Materials Inc. 0.32% 17,948 $3.3M No change
OKE Oneok Inc. 0.31% 39,497 $3.2M No change
ROOT Root Inc./Oh Class A 0.31% 25,110 $3.2M Reduce -10.7%
TW Tradeweb Markets Inc. Class A 0.31% 21,860 $3.2M No change
ROST Ross Stores Inc. 0.31% 25,031 $3.2M No change
VST Vistra Corp. 0.30% 16,344 $3.2M Add +19.4%
VRSK Verisk Analytics Inc. 0.30% 10,158 $3.2M No change
HUBS HubSpot Inc. 0.30% 5,595 $3.1M No change
CDW CDW Corp. 0.30% 17,435 $3.1M No change
IDXX Idexx Laboratories Inc. 0.30% 5,800 $3.1M No change
FAST Fastenal Co. 0.29% 72,312 $3.0M No change
VEEV Veeva Systems Inc. Class A 0.29% 10,420 $3.0M No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.28% 9,200 $2.9M No change
HIG Hartford Insurance Group Inc. 0.28% 22,926 $2.9M No change
TSCO Tractor Supply Company 0.28% 55,095 $2.9M No change
BLK BlackRock Inc. 0.27% 2,724 $2.9M No change
EQT Eqt Corp. 0.27% 49,000 $2.9M No change
FICO Fair Isaac Corp. 0.27% 1,550 $2.8M No change
URI United Rentals Inc. 0.27% 3,753 $2.8M No change
ADBE Adobe Inc. 0.27% 7,250 $2.8M No change
PAYX Paychex Inc. 0.27% 19,133 $2.8M No change
SBAC SBA Communications Corp. 0.26% 11,643 $2.7M No change
DXCM Dexcom Inc. 0.26% 31,200 $2.7M No change
ZS Zscaler Inc. 0.26% 8,650 $2.7M No change
ARES Ares Management Corp. Class A 0.25% 15,100 $2.6M No change
MTD Mettler-Toledo International 0.25% 2,223 $2.6M No change
ACN Accenture PLC Class A 0.25% 8,622 $2.6M No change
MELI MercadoLibre Inc. 0.25% 985 $2.6M No change
ODFL Old Dominion Freight Line 0.25% 15,754 $2.6M No change
MSI Motorola Solutions Inc. 0.24% 6,058 $2.5M No change

Show all 354 holdings

Portfolio Sells Q1 2025 → Q2 2025
IQV Iqvia Holdings Inc. Sold out 0.00% −0.17
CPRT Copart Inc. Reduce -36.0% 0.15% −0.16
ROOT Root Inc./Oh Class A Reduce -10.7% 0.31% −0.11
HAL Halliburton Co. Reduce -70.4% 0.02% −0.09
UCTT Ultra Clean Holdings Inc. Sold out 0.00% −0.09
XBI SS SPDR S&P Biotech ETF Sold out 0.00% −0.07
SITE Siteone Landscape Supply Inc. Sold out 0.00% −0.07
LYFT LYFT Inc. Class A Reduce -20.7% 0.68% −0.06
IBB iShares Biotechnology ETF Sold out 0.00% −0.06
ALGN Align Technology Inc. Sold out 0.00% −0.06
CTRA Coterra Energy Inc. Reduce -37.8% 0.03% −0.04
BDX Becton Dickinson and Co. Sold out 0.00% −0.03
BHP BHP Group Ltd.-Spon ADR Sold out 0.00% −0.02

Portfolio Buys Q1 2025 → Q2 2025
RBRK Rubrik Inc. Class A Add +142.0% 1.04% +0.70
VRT Vertiv Holdings Co. Class A Add +12.2% 0.46% +0.19
VST Vistra Corp. Add +19.4% 0.30% +0.13
DASH DoorDash Inc. Class A Add +16.7% 0.32% +0.09
CLS Celestica Inc. New 0.03% +0.03
COF Capital One Financial Corp. Add +77.7% 0.05% +0.02
DG Dollar General Corp. New 0.02% +0.02
ALAB Astera Labs Inc. New 0.02% +0.02
CIEN Ciena Corp. New 0.02% +0.02
MASI Masimo Corp. New 0.02% +0.02
CARR Carrier Global Corp. New 0.02% +0.02
LLY Eli Lilly & Co. Add +10.6% 1.02% −0.10

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 270$1.1BNVDA, AMZN, GOOG, AAPL, MSFT
Q1 2026 303$991.7MNVDA, AMZN, AAPL, GOOG, MSFT
Q4 2025 319$1.1BNVDA, AMZN, MSFT, AAPL, GOOG
Q3 2025 349$1.1BNVDA, MSFT, AMZN, META, AAPL
Q2 2025 354$1.0BNVDA, MSFT, AMZN, META, AAPL
Q1 2025 356$904.7MNVDA, AMZN, MSFT, AAPL, META
Q4 2024 353$955.9MNVDA, AMZN, MSFT, AAPL, META
Q3 2024 356$934.0MNVDA, MSFT, AMZN, AAPL, META
Q2 2024 350$899.1MNVDA, MSFT, AMZN, AAPL, META
Q1 2024 207$553.4MNVDA, MSFT, AMZN, AAPL, META