Knollwood Investment Advisory, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Knollwood Investment Advisory, LLC reported 349 stock positions worth $1.1 billion. Its top holding was Nvidia (NVDA) at 7.9% of the portfolio, followed by Microsoft (MSFT, 4.3%) and Amazon.com (AMZN, 4.1%). Compared with Q2 2025, it opened 10 new positions, sold out of 15, added to 42 and reduced 129. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale Netflix (NFLX, shares −0%).

Most Recent 13F
Q2 2026
Location
HUNT VALLEY, MD
CIK
0001999346
Portfolio Value
$1.1B (Q3 2025)
SEC Filing
0001999346-25-000002 ↗ filed Nov 14, 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 Q2 2025 Q3 2025: $1.1B $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $991.7M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 349 stocks · $1.1B
NVDA Nvidia Corp. 7.93% 471,692 $88.0M Add +0.3%
MSFT Microsoft Corp. 4.26% 91,349 $47.3M Add +0.1%
AMZN Amazon.com Inc. 4.10% 206,931 $45.4M Add +0.2%
META Meta Platforms Inc. Class A 3.50% 52,811 $38.8M Add +0.3%
AAPL Apple Inc. 3.44% 149,835 $38.2M No change
GOOG Alphabet Inc. Class C 2.79% 127,086 $31.0M No change
PLTR Palantir Technologies Inc. Class A 2.09% 127,317 $23.2M Add +0.1%
GLD SPDR Gold Shares 1.78% 55,631 $19.8M No change
V Visa Inc. Class A 1.77% 57,673 $19.7M Reduce -0.7%
NOW ServiceNow Inc. 1.75% 21,048 $19.4M Add +0.4%
NFLX Netflix Inc. 1.69% 15,654 $18.8M Reduce -0.1%
RBRK Rubrik Inc. Class A 1.55% 209,618 $17.2M Add +73.6%
CRWD CrowdStrike Holdings Inc. Class A 1.30% 29,336 $14.4M Add +0.2%
GOOGL Alphabet Inc. Class A 1.20% 54,660 $13.3M Add +1.0%
PANW Palo Alto Networks Inc. 1.12% 60,961 $12.4M Add +0.3%
KLAC KLA Corp. 1.12% 11,490 $12.4M No change
WES Western Midstream Partners L 1.07% 301,032 $11.8M No change
AVGO Broadcom Inc. 1.05% 35,431 $11.7M Add +0.4%
APH Amphenol Corp. Class A 1.02% 91,542 $11.3M Reduce -0.1%
MCHI iShares MSCI China ETF 1.02% 171,400 $11.3M No change
ANET Arista Networks Inc. 1.01% 76,605 $11.2M Add +0.3%
TSLA Tesla Inc. 1.00% 25,025 $11.1M Add +0.6%
HOOD Robinhood Markets Inc. Class A 0.97% 74,929 $10.7M Add +0.1%
MA Mastercard Inc. Class A 0.94% 18,400 $10.5M No change
LLY Eli Lilly & Co. 0.94% 13,717 $10.5M Add +0.9%
TRGP Targa Resources Corp. 0.86% 57,273 $9.6M Add +1.0%
LYFT LYFT Inc. Class A 0.79% 400,000 $8.8M Reduce -11.1%
LNG Cheniere Energy Inc. 0.79% 37,350 $8.8M Add +1.0%
CDNS Cadence Design SYS Inc. 0.71% 22,384 $7.9M Reduce -0.2%
HLT Hilton Worldwide Holdings Inc. 0.71% 30,198 $7.8M Add +0.5%
ORLY O'reilly Automotive Inc. 0.69% 70,590 $7.6M No change
VRT Vertiv Holdings Co. Class A 0.66% 48,793 $7.4M Add +32.0%
AMD Advanced Micro Devices 0.64% 43,853 $7.1M Reduce -0.5%
INTU Intuit Inc. 0.63% 10,257 $7.0M Add +0.6%
SPOT Spotify Technology SA 0.59% 9,448 $6.6M Add +0.5%
CRM Salesforce Inc. 0.59% 27,439 $6.5M Reduce -0.2%
APO Apollo Global Management Inc. 0.56% 46,536 $6.2M Reduce -0.2%
EPD Enterprise Products Partners 0.55% 195,939 $6.1M Add +1.6%
FLTW Franklin Ftse Taiwan ETF 0.55% 103,200 $6.1M No change
LRCX Lam Research Corp. 0.51% 42,236 $5.7M Add +0.6%
HSAI Hesai Group 0.49% 192,692 $5.4M Reduce -4.7%
MPWR Monolithic Power Systems Inc. 0.47% 5,685 $5.2M No change
SPGI S&P Global Inc. 0.47% 10,605 $5.2M No change
FTNT Fortinet Inc. 0.46% 61,327 $5.2M Reduce -0.2%
VST Vistra Corp. 0.46% 25,983 $5.1M Add +59.0%
MCK McKesson Corp. 0.46% 6,569 $5.1M Reduce -0.2%
AZO AutoZone Inc. 0.44% 1,148 $4.9M No change
IAU iShares Gold Trust 0.44% 67,027 $4.9M Add +9.2%
ET Energy Transfer LP 0.43% 280,569 $4.8M Add +2.0%
COR Cencora Inc. 0.43% 15,250 $4.8M No change
BKNG Booking Holdings Inc. 0.42% 859 $4.6M Add +0.9%
INDA iShares MSCI India ETF 0.42% 88,875 $4.6M No change
ABNB Airbnb Inc. Class A 0.42% 37,985 $4.6M No change
CVX Chevron Corp. 0.41% 29,642 $4.6M Reduce -0.2%
TTWO Take-Two Interactive Softwre 0.41% 17,757 $4.6M Add +0.4%
CTAS Cintas Corp. 0.41% 21,896 $4.5M No change
SNPS Synopsys Inc. 0.39% 8,881 $4.4M Reduce -38.0%
CMG Chipotle Mexican Grill Inc. 0.37% 104,893 $4.1M Reduce -0.4%
TSM Taiwan Semiconductor-SP ADR 0.37% 14,716 $4.1M Reduce -0.7%
TT Trane Technologies PLC 0.35% 9,300 $3.9M Reduce -0.3%
HD Home Depot Inc. 0.35% 9,540 $3.9M Add +0.1%
ROST Ross Stores Inc. 0.34% 24,954 $3.8M Reduce -0.3%
XOM Exxon Mobil Corp. 0.34% 33,237 $3.7M No change
MSCI MSCI Inc. 0.34% 6,597 $3.7M No change
VMC Vulcan Materials Co. 0.34% 12,153 $3.7M Reduce -6.7%
DASH DoorDash Inc. Class A 0.33% 13,655 $3.7M No change
IDXX Idexx Laboratories Inc. 0.33% 5,800 $3.7M No change
AMAT Applied Materials Inc. 0.33% 17,890 $3.7M Reduce -0.3%
NET Cloudflare Inc. Class A 0.32% 16,800 $3.6M No change
URI United Rentals Inc. 0.32% 3,739 $3.6M Reduce -0.4%
DDOG Datadog Inc. Class A 0.32% 24,961 $3.6M Reduce -0.3%
FAST Fastenal Co. 0.32% 72,312 $3.5M No change
CSGP Costar Group Inc. 0.32% 41,863 $3.5M No change
AXON Axon Enterprise Inc. 0.31% 4,737 $3.4M Reduce -0.3%
TDG Transdigm Group Inc. 0.29% 2,478 $3.3M No change
TSCO Tractor Supply Company 0.28% 55,095 $3.1M No change
VEEV Veeva Systems Inc. Class A 0.28% 10,384 $3.1M Reduce -0.3%
SHOP Shopify Inc. Class A 0.28% 20,616 $3.1M Reduce -0.5%
HIG Hartford Insurance Group Inc. 0.27% 22,846 $3.0M Reduce -0.3%
EQT Eqt Corp. 0.26% 53,000 $2.9M Add +8.2%
OKE Oneok Inc. 0.26% 39,497 $2.9M No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.26% 9,168 $2.8M Reduce -0.3%
RBLX Roblox Corp. Class A 0.25% 20,150 $2.8M Reduce -0.3%
ABOS Acumen Pharmaceuticals Inc. 0.25% 1,628,510 $2.8M No change
CDW CDW Corp. 0.25% 17,376 $2.8M Reduce -0.3%
MSI Motorola Solutions Inc. 0.25% 6,033 $2.8M Reduce -0.4%
BLK BlackRock Inc. 0.25% 2,365 $2.8M Reduce -13.2%
RCL Royal Caribbean Cruises Ltd. 0.25% 8,429 $2.7M Add +227.3%
XLE SS Energy Select Sector 0.24% 29,720 $2.7M No change
HUBS HubSpot Inc. 0.24% 5,659 $2.6M Add +1.1%
XLV SS Health Care Select Sector 0.24% 18,830 $2.6M No change
ZS Zscaler Inc. 0.23% 8,650 $2.6M No change
ADBE Adobe Inc. 0.23% 7,250 $2.6M No change
VRSK Verisk Analytics Inc. 0.23% 10,158 $2.6M No change
A Agilent Technologies Inc. 0.22% 19,373 $2.5M Reduce -0.5%
ROK Rockwell Automation Inc. 0.22% 6,950 $2.4M No change
TW Tradeweb Markets Inc. Class A 0.22% 21,788 $2.4M Reduce -0.3%
PAYX Paychex Inc. 0.22% 19,068 $2.4M Reduce -0.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.22% 16,714 $2.4M Add +1.2%
ARES Ares Management Corp. Class A 0.22% 15,100 $2.4M No change

Show all 349 holdings

Portfolio Sells Q2 2025 → Q3 2025
NFLX Netflix Inc. Reduce -0.1% 1.69% −0.32
SNPS Synopsys Inc. Reduce -38.0% 0.39% −0.31
V Visa Inc. Class A Reduce -0.7% 1.77% −0.20
CMG Chipotle Mexican Grill Inc. Reduce -0.4% 0.37% −0.20
MRVL Marvell Technology Inc. Sold out 0.00% −0.16
FTNT Fortinet Inc. Reduce -0.2% 0.46% −0.16
CRM Salesforce Inc. Reduce -0.2% 0.59% −0.13
IT Gartner Inc. Reduce -0.3% 0.20% −0.13
ELUT Elutia Inc. Reduce -0.3% 0.08% −0.11
ACN Accenture PLC Class A Reduce -27.0% 0.14% −0.11
TW Tradeweb Markets Inc. Class A Reduce -0.3% 0.22% −0.09
CI The Cigna Group Sold out 0.00% −0.09
TOST Toast Inc. Class A Reduce -56.5% 0.04% −0.08
APO Apollo Global Management Inc. Reduce -0.2% 0.56% −0.08
DXCM Dexcom Inc. Reduce -0.4% 0.19% −0.07
AXON Axon Enterprise Inc. Reduce -0.3% 0.31% −0.07
MOH Molina Healthcare Inc. Reduce -0.6% 0.09% −0.06
CNC Centene Corp. Reduce -55.1% 0.02% −0.05
CDW CDW Corp. Reduce -0.3% 0.25% −0.05
PAYX Paychex Inc. Reduce -0.3% 0.22% −0.05
TYL Tyler Technologies Inc. Reduce -0.4% 0.20% −0.04
MTD Mettler-Toledo International Reduce -14.1% 0.21% −0.04
SBUX Starbucks Corp. Reduce -24.5% 0.07% −0.04
CME Cme Group Inc. Reduce -13.2% 0.15% −0.04
TT Trane Technologies PLC Reduce -0.3% 0.35% −0.04
TRV The Travelers Cos Inc. Sold out 0.00% −0.04
HCA HCA Healthcare Inc. Reduce -33.8% 0.08% −0.04
CPAY Corpay Inc. Reduce -0.5% 0.15% −0.04
KDP Keurig Dr Pepper Inc. Sold out 0.00% −0.04
LSTR Landstar System Inc. Sold out 0.00% −0.03
GDDY GoDaddy Inc. Class A Reduce -0.9% 0.07% −0.03
CHD Church & Dwight Co. Inc. Sold out 0.00% −0.03
ROP Roper Technologies Inc. Reduce -25.2% 0.05% −0.03
AME Ametek Inc. Reduce -26.6% 0.08% −0.03
CSX CSX Corp. Sold out 0.00% −0.03
DE Deere & Co. Reduce -0.5% 0.15% −0.03
BA The Boeing Co. Sold out 0.00% −0.03
RSG Republic Services Inc. Reduce -0.5% 0.18% −0.03
AJG Arthur J Gallagher & Co. Reduce -0.3% 0.26% −0.03
ELV Elevance Health Inc. Reduce -0.8% 0.09% −0.03
CAT Caterpillar Inc. Sold out 0.00% −0.03
BLK BlackRock Inc. Reduce -13.2% 0.25% −0.03
DRI Darden Restaurants Inc. Reduce -0.7% 0.11% −0.02
MCO Moody's Corp. Reduce -1.8% 0.15% −0.02
BJ Bj's Wholesale Club Holdings Reduce -0.9% 0.09% −0.02
EEFT Euronet Worldwide Inc. Sold out 0.00% −0.02
BFAM Bright Horizons Family Solut Sold out 0.00% −0.02
EXE Expand Energy Corp. Sold out 0.00% −0.02
AVB Avalonbay Communities Inc. Sold out 0.00% −0.02
MASI Masimo Corp. Sold out 0.00% −0.02

Portfolio Buys Q2 2025 → Q3 2025
NVDA Nvidia Corp. Add +0.3% 7.93% +0.80
RBRK Rubrik Inc. Class A Add +73.6% 1.55% +0.52
PLTR Palantir Technologies Inc. Class A Add +0.1% 2.09% +0.43
HOOD Robinhood Markets Inc. Class A Add +0.1% 0.97% +0.29
GOOGL Alphabet Inc. Class A Add +1.0% 1.20% +0.28
ANET Arista Networks Inc. Add +0.3% 1.01% +0.26
TSLA Tesla Inc. Add +0.6% 1.00% +0.24
VRT Vertiv Holdings Co. Class A Add +32.0% 0.66% +0.21
NTSK Netskope Inc. Class A New 0.18% +0.18
RCL Royal Caribbean Cruises Ltd. Add +227.3% 0.25% +0.17
VST Vistra Corp. Add +59.0% 0.46% +0.15
AVGO Broadcom Inc. Add +0.4% 1.05% +0.12
LRCX Lam Research Corp. Add +0.6% 0.51% +0.12
IAU iShares Gold Trust Add +9.2% 0.44% +0.07
IOT Samsara Inc. Class A Add +115.5% 0.12% +0.06
MTSR Metsera Inc. New 0.04% +0.04
VNQ Vanguard Real Estate ETF Add +150.3% 0.06% +0.04
SNDK Sandisk Corp. Add +4.4% 0.06% +0.03
MEDP Medpace Holdings Inc. New 0.02% +0.02
TJX TJX Companies Inc. Add +1.2% 0.22% +0.02
BHP BHP Group Ltd.-Spon ADR New 0.02% +0.02
GMAB Genmab A/S -SP ADR New 0.02% +0.02
WST West Pharmaceutical Services New 0.02% +0.02
INSM Insmed Inc. New 0.02% +0.02
VMI Valmont Industries New 0.02% +0.02
EXPE Expedia Group Inc. New 0.02% +0.02
GREK Global X MSCI Greece ETF New 0.02% +0.02
HD Home Depot Inc. Add +0.1% 0.35% +0.01
IVV iShares Core S&P 500 ETF Add +35.0% 0.04% +0.01
ETN Eaton Corp. PLC Add +11.7% 0.11% +0.01
TTWO Take-Two Interactive Softwre Add +0.4% 0.41% +0.00
CEG Constellation Energy Add +4.6% 0.08% +0.00
DBC Invesco DB Commodity Index T Add +2.6% 0.04% −0.00
WMT Walmart Inc. Add +0.4% 0.13% −0.00
TEAM Atlassian Corp. Class A Add +9.9% 0.03% −0.01
EQT Eqt Corp. Add +8.2% 0.26% −0.01
EPD Enterprise Products Partners Add +1.6% 0.55% −0.02
ET Energy Transfer LP Add +2.0% 0.43% −0.05
BKNG Booking Holdings Inc. Add +0.9% 0.42% −0.06
HUBS HubSpot Inc. Add +1.1% 0.24% −0.06
HLT Hilton Worldwide Holdings Inc. Add +0.5% 0.71% −0.06
LNG Cheniere Energy Inc. Add +1.0% 0.79% −0.07
LLY Eli Lilly & Co. Add +0.9% 0.94% −0.07
PANW Palo Alto Networks Inc. Add +0.3% 1.12% −0.08
TRGP Targa Resources Corp. Add +1.0% 0.86% −0.08
MSFT Microsoft Corp. Add +0.1% 4.26% −0.09
SPOT Spotify Technology SA Add +0.5% 0.59% −0.10
CRWD CrowdStrike Holdings Inc. Class A Add +0.2% 1.30% −0.14
INTU Intuit Inc. Add +0.6% 0.63% −0.14
META Meta Platforms Inc. Class A Add +0.3% 3.50% −0.24

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