Knollwood Investment Advisory, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Knollwood Investment Advisory, LLC reported 319 stock positions worth $1.1 billion. Its top holding was Nvidia (NVDA) at 8.3% of the portfolio, followed by Amazon.com (AMZN, 4.5%) and Microsoft (MSFT, 4.4%). Compared with Q3 2025, it opened 6 new positions, sold out of 36, added to 37 and reduced 35. The biggest buy was Eli Lilly (LLY, shares +0%) and the biggest sale an exit from LYFT Class A (LYFT).

Most Recent 13F
Q2 2026
Location
HUNT VALLEY, MD
CIK
0001999346
Portfolio Value
$1.1B (Q4 2025)
SEC Filing
0001999346-26-000002 ↗ filed Feb 13, 2026

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 Q3 2025 Q4 2025: $1.1B $1.1B Q4 2025 Q1 2026: $991.7M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 319 stocks · $1.1B
NVDA Nvidia Corp. 8.28% 472,608 $88.1M Add +0.2%
AMZN Amazon.com Inc. 4.48% 206,729 $47.7M Reduce -0.1%
MSFT Microsoft Corp. 4.42% 97,421 $47.1M Add +6.7%
AAPL Apple Inc. 3.83% 149,835 $40.7M No change
GOOG Alphabet Inc. Class C 3.74% 127,086 $39.9M No change
META Meta Platforms Inc. Class A 3.30% 53,160 $35.1M Add +0.7%
GLD SPDR Gold Shares 2.07% 55,631 $22.0M No change
PLTR Palantir Technologies Inc. Class A 1.95% 117,034 $20.8M Reduce -8.1%
V Visa Inc. Class A 1.86% 56,580 $19.8M Reduce -1.9%
RBRK Rubrik Inc. Class A 1.71% 237,420 $18.2M Add +13.3%
GOOGL Alphabet Inc. Class A 1.63% 55,393 $17.3M Add +1.3%
NOW ServiceNow Inc. 1.52% 105,745 $16.2M Add +0.5%
LLY Eli Lilly & Co. 1.39% 13,783 $14.8M Add +0.5%
AVGO Broadcom Inc. 1.33% 40,883 $14.1M Add +15.4%
KLAC KLA Corp. 1.31% 11,490 $14.0M No change
CRWD CrowdStrike Holdings Inc. Class A 1.29% 29,399 $13.8M Add +0.2%
WES Western Midstream Partners L 1.12% 301,032 $11.9M No change
TSLA Tesla Inc. 1.06% 25,117 $11.3M Add +0.4%
PANW Palo Alto Networks Inc. 1.06% 61,160 $11.3M Add +0.3%
NFLX Netflix Inc. 1.00% 113,260 $10.6M Reduce -27.6%
TRGP Targa Resources Corp. 1.00% 57,496 $10.6M Add +0.4%
MCHI iShares MSCI China ETF 0.97% 171,400 $10.3M No change
MA Mastercard Inc. Class A 0.95% 17,755 $10.1M Reduce -3.5%
ANET Arista Networks Inc. 0.95% 77,111 $10.1M Add +0.7%
AMD Advanced Micro Devices 0.88% 43,904 $9.4M Add +0.1%
HLT Hilton Worldwide Holdings Inc. 0.82% 30,473 $8.8M Add +0.9%
APH Amphenol Corp. Class A 0.81% 64,028 $8.7M Reduce -30.1%
HOOD Robinhood Markets Inc. Class A 0.80% 74,996 $8.5M Add +0.1%
VRT Vertiv Holdings Co. Class A 0.75% 49,155 $8.0M Add +0.7%
LRCX Lam Research Corp. 0.69% 42,795 $7.3M Add +1.3%
LNG Cheniere Energy Inc. 0.68% 37,494 $7.3M Add +0.4%
CRM Salesforce Inc. 0.68% 27,312 $7.2M Reduce -0.5%
CDNS Cadence Design SYS Inc. 0.66% 22,573 $7.1M Add +0.8%
INTU Intuit Inc. 0.64% 10,361 $6.9M Add +1.0%
ORLY O'reilly Automotive Inc. 0.60% 70,590 $6.4M No change
EPD Enterprise Products Partners 0.59% 196,968 $6.3M Add +0.5%
FLTW Franklin Ftse Taiwan ETF 0.59% 103,200 $6.3M No change
IAU iShares Gold Trust 0.57% 75,139 $6.1M Add +12.1%
APO Apollo Global Management Inc. 0.53% 39,200 $5.7M Reduce -15.8%
TSM Taiwan Semiconductor-SP ADR 0.52% 18,380 $5.6M Add +24.9%
SPGI S&P Global Inc. 0.52% 10,605 $5.5M No change
MCK McKesson Corp. 0.51% 6,569 $5.4M No change
ABNB Airbnb Inc. Class A 0.48% 37,985 $5.2M No change
MPWR Monolithic Power Systems Inc. 0.48% 5,685 $5.2M No change
COR Cencora Inc. 0.48% 15,250 $5.2M No change
INDA iShares MSCI India ETF 0.45% 88,875 $4.8M No change
SPOT Spotify Technology SA 0.44% 8,079 $4.7M Reduce -14.5%
BKNG Booking Holdings Inc. 0.44% 873 $4.7M Add +1.6%
ET Energy Transfer LP 0.44% 282,726 $4.7M Add +0.8%
AMAT Applied Materials Inc. 0.43% 17,890 $4.6M No change
TTWO Take-Two Interactive Softwre 0.43% 17,928 $4.6M Add +1.0%
CVX Chevron Corp. 0.42% 29,642 $4.5M No change
HSAI Hesai Group 0.41% 192,692 $4.3M No change
CRCL Circle Internet Group Inc. 0.40% 53,477 $4.2M New
VST Vistra Corp. 0.39% 25,983 $4.2M No change
SNPS Synopsys Inc. 0.39% 8,881 $4.2M No change
CTAS Cintas Corp. 0.39% 21,896 $4.1M No change
XOM Exxon Mobil Corp. 0.38% 33,237 $4.0M No change
GEV GE Vernova Inc. 0.37% 6,093 $4.0M Add +290.8%
IDXX Idexx Laboratories Inc. 0.37% 5,800 $3.9M No change
ROST Ross Stores Inc. 0.37% 21,755 $3.9M Reduce -12.8%
CMG Chipotle Mexican Grill Inc. 0.36% 104,106 $3.9M Reduce -0.8%
MSCI MSCI Inc. 0.36% 6,597 $3.8M No change
VMC Vulcan Materials Co. 0.33% 12,153 $3.5M No change
ABOS Acumen Pharmaceuticals Inc. 0.32% 1,628,510 $3.4M No change
FTNT Fortinet Inc. 0.32% 42,771 $3.4M Reduce -30.3%
DDOG Datadog Inc. Class A 0.32% 24,961 $3.4M No change
TT Trane Technologies PLC 0.32% 8,690 $3.4M Reduce -6.6%
OMDA Omada Health Inc. 0.31% 210,763 $3.3M New
HD Home Depot Inc. 0.31% 9,628 $3.3M Add +0.9%
NET Cloudflare Inc. Class A 0.31% 16,800 $3.3M No change
TDG Transdigm Group Inc. 0.31% 2,478 $3.3M No change
DASH DoorDash Inc. Class A 0.29% 13,655 $3.1M No change
URI United Rentals Inc. 0.28% 3,739 $3.0M No change
XLV SS Health Care Select Sector 0.27% 18,830 $2.9M No change
OKE Oneok Inc. 0.27% 39,497 $2.9M No change
FAST Fastenal Co. 0.27% 72,312 $2.9M No change
EQT Eqt Corp. 0.27% 53,000 $2.8M No change
CSGP Costar Group Inc. 0.26% 41,863 $2.8M No change
KEYS Keysight Technologies Inc. 0.26% 13,703 $2.8M No change
TSCO Tractor Supply Company 0.26% 55,095 $2.8M No change
ROK Rockwell Automation Inc. 0.25% 6,950 $2.7M No change
AXON Axon Enterprise Inc. 0.25% 4,737 $2.7M No change
MTD Mettler-Toledo International 0.25% 1,910 $2.7M No change
XLE SS Energy Select Sector 0.25% 59,440 $2.7M No change
A Agilent Technologies Inc. 0.25% 19,373 $2.6M No change
FICO Fair Isaac Corp. 0.25% 1,550 $2.6M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.24% 16,893 $2.6M Add +1.1%
AZO AutoZone Inc. 0.24% 758 $2.6M Reduce -34.0%
ADBE Adobe Inc. 0.24% 7,250 $2.5M No change
BLK BlackRock Inc. 0.24% 2,365 $2.5M No change
ODFL Old Dominion Freight Line 0.23% 15,754 $2.5M No change
NTSK Netskope Inc. Class A 0.23% 139,279 $2.4M Add +60.2%
ARES Ares Management Corp. Class A 0.23% 15,100 $2.4M No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.22% 9,168 $2.4M No change
CDW CDW Corp. 0.22% 17,376 $2.4M No change
HUBS HubSpot Inc. 0.22% 5,800 $2.3M Add +2.5%
VEEV Veeva Systems Inc. Class A 0.22% 10,384 $2.3M No change
ULTA Ulta Beauty Inc. 0.22% 3,791 $2.3M No change
VRSK Verisk Analytics Inc. 0.21% 10,158 $2.3M No change

Show all 319 holdings

Portfolio Sells Q3 2025 → Q4 2025
LYFT LYFT Inc. Class A Sold out 0.00% −0.79
NFLX Netflix Inc. Reduce -27.6% 1.00% −0.69
RBLX Roblox Corp. Class A Sold out 0.00% −0.25
APH Amphenol Corp. Class A Reduce -30.1% 0.81% −0.21
MELI MercadoLibre Inc. Sold out 0.00% −0.21
QCOM Qualcomm Inc. Sold out 0.00% −0.20
AZO AutoZone Inc. Reduce -34.0% 0.24% −0.20
UNP Union Pacific Corp. Sold out 0.00% −0.19
ALNY Alnylam Pharmaceuticals Inc. Sold out 0.00% −0.17
SPOT Spotify Technology SA Reduce -14.5% 0.44% −0.15
WDC Western Digital Corp. Reduce -90.1% 0.03% −0.15
FTNT Fortinet Inc. Reduce -30.3% 0.32% −0.15
PLTR Palantir Technologies Inc. Class A Reduce -8.1% 1.95% −0.14
PEP Pepsico Inc. Reduce -84.7% 0.03% −0.13
MSI Motorola Solutions Inc. Reduce -45.0% 0.12% −0.13
FISV Fiserv Inc. Sold out 0.00% −0.13
SCI Service Corp. International Sold out 0.00% −0.12
CPNG Coupang Inc. Reduce -75.2% 0.03% −0.12
VIK Viking Holdings Ltd. Sold out 0.00% −0.11
SHOP Shopify Inc. Class A Reduce -47.0% 0.17% −0.11
WFC Wells Fargo & Co. Sold out 0.00% −0.11
ADSK Autodesk Inc. Sold out 0.00% −0.10
IBTF iShares Ibonds Dec 2025 Term Sold out 0.00% −0.09
CMI Cummins Inc. Sold out 0.00% −0.09
NBIX Neurocrine Biosciences Inc. Sold out 0.00% −0.08
HCA HCA Healthcare Inc. Sold out 0.00% −0.08
CASY Casey's General Stores Inc. Sold out 0.00% −0.08
RACE Ferrari NV Sold out 0.00% −0.08
ROL Rollins Inc. Sold out 0.00% −0.07
HIG Hartford Insurance Group Inc. Reduce -31.3% 0.20% −0.07
RDDT Reddit Inc. Class A Reduce -50.0% 0.07% −0.07
FIX Comfort Systems USA Inc. Sold out 0.00% −0.07
TW Tradeweb Markets Inc. Class A Reduce -30.2% 0.15% −0.06
ACN Accenture PLC Class A Reduce -51.5% 0.08% −0.06
RCL Royal Caribbean Cruises Ltd. Reduce -17.1% 0.18% −0.06
PG The Procter & Gamble Co. Reduce -28.4% 0.14% −0.06
MS Morgan Stanley Sold out 0.00% −0.06
SNDK Sandisk Corp. Sold out 0.00% −0.06
RBA RB Global Inc. Sold out 0.00% −0.06
PCAR Paccar Inc. Sold out 0.00% −0.06
WMT Walmart Inc. Reduce -48.5% 0.08% −0.06
EA Electronic Arts Inc. Sold out 0.00% −0.05
COF Capital One Financial Corp. Sold out 0.00% −0.05
FIVE Five Below Sold out 0.00% −0.04
MTSR Metsera Inc. Sold out 0.00% −0.04
CLS Celestica Inc. Sold out 0.00% −0.04
BF.B Brown-Forman Corp. Class B Sold out 0.00% −0.04
HWM Howmet Aerospace Inc. Reduce -30.9% 0.12% −0.04
PNC PNC Financial Services Group Sold out 0.00% −0.04
TT Trane Technologies PLC Reduce -6.6% 0.32% −0.04

Portfolio Buys Q3 2025 → Q4 2025
LLY Eli Lilly & Co. Add +0.5% 1.39% +0.45
GOOGL Alphabet Inc. Class A Add +1.3% 1.63% +0.43
CRCL Circle Internet Group Inc. New 0.40% +0.40
NVDA Nvidia Corp. Add +0.2% 8.28% +0.34
OMDA Omada Health Inc. New 0.31% +0.31
GEV GE Vernova Inc. Add +290.8% 0.37% +0.29
AVGO Broadcom Inc. Add +15.4% 1.33% +0.28
AMD Advanced Micro Devices Add +0.1% 0.88% +0.24
LRCX Lam Research Corp. Add +1.3% 0.69% +0.18
MSFT Microsoft Corp. Add +6.7% 4.42% +0.16
TSM Taiwan Semiconductor-SP ADR Add +24.9% 0.52% +0.15
RBRK Rubrik Inc. Class A Add +13.3% 1.71% +0.15
IAU iShares Gold Trust Add +12.1% 0.57% +0.13
TRGP Targa Resources Corp. Add +0.4% 1.00% +0.13
HLT Hilton Worldwide Holdings Inc. Add +0.9% 0.82% +0.12
VRT Vertiv Holdings Co. Class A Add +0.7% 0.75% +0.08
ELUT Elutia Inc. Add +147.8% 0.17% +0.08
TSLA Tesla Inc. Add +0.4% 1.06% +0.06
NTSK Netskope Inc. Class A Add +60.2% 0.23% +0.05
EPD Enterprise Products Partners Add +0.5% 0.59% +0.04
SLV iShares Silver Trust New 0.04% +0.04
CAI Caris Life Sciences Inc. New 0.03% +0.03
TJX TJX Companies Inc. Add +1.1% 0.24% +0.03
BKNG Booking Holdings Inc. Add +1.6% 0.44% +0.02
FSLR First Solar Inc. New 0.02% +0.02
RKT Rocket Cos Inc. Class A New 0.02% +0.02
TTWO Take-Two Interactive Softwre Add +1.0% 0.43% +0.02
CEG Constellation Energy Add +7.0% 0.10% +0.02
INTU Intuit Inc. Add +1.0% 0.64% +0.01
VNQ Vanguard Real Estate ETF Add +20.6% 0.07% +0.01
TEAM Atlassian Corp. Class A Add +16.7% 0.04% +0.01
SBUX Starbucks Corp. Add +5.2% 0.08% +0.01
ET Energy Transfer LP Add +0.8% 0.44% +0.00
CRWD CrowdStrike Holdings Inc. Class A Add +0.2% 1.29% −0.00
HUBS HubSpot Inc. Add +2.5% 0.22% −0.02
HD Home Depot Inc. Add +0.9% 0.31% −0.04
CDNS Cadence Design SYS Inc. Add +0.8% 0.66% −0.05
ANET Arista Networks Inc. Add +0.7% 0.95% −0.06
PANW Palo Alto Networks Inc. Add +0.3% 1.06% −0.06
LNG Cheniere Energy Inc. Add +0.4% 0.68% −0.11
HOOD Robinhood Markets Inc. Class A Add +0.1% 0.80% −0.17
META Meta Platforms Inc. Class A Add +0.7% 3.30% −0.20
NOW ServiceNow Inc. Add +0.5% 1.52% −0.22

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