KP Management LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), KP Management LLC reported 58 stock positions worth $260.5 million. Its top holding was Nvidia (NVDA) at 4.8% of the portfolio, followed by Amazon.com (AMZN, 4.2%) and Broadcom (AVGO, 3.9%). Compared with Q4 2024, it opened 7 new positions, sold out of 10, added to 10 and reduced 10. The biggest buy was a new position in Cloudflare Class A (NET) and the biggest sale Broadcom (AVGO, shares −11%).

Most Recent 13F
Q2 2026
Location
Edina, MN
CIK
0002036769
Portfolio Value
$260.5M (Q1 2025)
SEC Filing
0000929638-25-001889 ↗ filed May 15, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $232.9M Q1 2024 Q2 2024: $265.6M Q2 2024 Q3 2024: $283.9M Q3 2024 Q4 2024: $284.7M Q4 2024 Q1 2025: $260.5M $260.5M Q1 2025 Q2 2025: $246.9M Q2 2025 Q3 2025: $285.4M Q3 2025 Q4 2025: $321.0M Q4 2025 Q1 2026: $349.3M Q1 2026 Q2 2026: $477.4M Q2 2026

Holdings 58 stocks · $260.5M
NVDA Nvidia Corp. 4.78% 115,000 $12.5M Add +9.5%
AMZN Amazon.com Inc. 4.24% 58,000 $11.0M Add +16.0%
AVGO Broadcom Inc. 3.86% 60,000 $10.0M Reduce -11.1%
AAPL Apple Inc. 3.84% 45,000 $10.0M No change
META Meta Platforms Inc. Class A 3.54% 16,000 $9.2M No change
HEI Heico Corp. 3.41% 33,242 $8.9M Reduce -1.5%
V Visa Inc. Class A 3.30% 24,500 $8.6M Add +28.9%
SHW The Sherwin-Williams Co. 3.22% 24,000 $8.4M No change
CDNS Cadence Design SYS Inc. 3.17% 32,500 $8.3M Add +22.6%
SNPS Synopsys Inc. 2.96% 18,000 $7.7M Add +9.1%
ORLY O'reilly Automotive Inc. 2.89% 5,250 $7.5M No change
TSM Taiwan Semiconductor-SP ADR 2.71% 42,500 $7.1M Add +13.3%
GOOGL Alphabet Inc. Class A 2.55% 43,000 $6.6M Reduce -8.5%
COST Costco Wholesale Corp. 2.54% 7,000 $6.6M No change
MA Mastercard Inc. Class A 2.42% 11,500 $6.3M Reduce -8.0%
TDG Transdigm Group Inc. 2.39% 4,500 $6.2M No change
UNP Union Pacific Corp. 2.27% 25,000 $5.9M No change
BA The Boeing Co. 2.26% 34,500 $5.9M Add +16.9%
MSFT Microsoft Corp. 2.16% 15,000 $5.6M No change
SPGI S&P Global Inc. 1.95% 10,000 $5.1M No change
TMO Thermo Fisher Scientific Inc. 1.91% 10,000 $5.0M Reduce -9.1%
BRK.A Berkshire Hathaway Inc. Class A 1.84% 6 $4.8M No change
MCO Moody's Corp. 1.79% 10,000 $4.7M No change
JPM JPMorgan Chase & Co. 1.56% 16,527 $4.1M No change
GEV GE Vernova Inc. 1.54% 13,125 $4.0M Reduce -21.1%
NET Cloudflare Inc. Class A 1.53% 35,286 $4.0M New
MPWR Monolithic Power Systems Inc. 1.45% 6,500 $3.8M No change
PH Parker Hannifin Corp. 1.40% 6,000 $3.6M No change
AME Ametek Inc. 1.35% 20,500 $3.5M No change
CRH CRH PLC 1.35% 40,000 $3.5M No change
PSN Parsons Corp. 1.31% 57,500 $3.4M Add +109.1%
MNDY Monday.com Ltd. 1.31% 14,000 $3.4M Reduce -15.2%
ETN Eaton Corp. PLC 1.30% 12,500 $3.4M No change
NOW ServiceNow Inc. 1.30% 4,250 $3.4M No change
GE General Electric filed as GE AEROSPACE 1.27% 16,500 $3.3M No change
KEYS Keysight Technologies Inc. 1.26% 22,000 $3.3M New
CMI Cummins Inc. 1.20% 10,000 $3.1M No change
WWD Woodward Inc. 1.16% 16,500 $3.0M New
APH Amphenol Corp. Class A 1.13% 45,000 $3.0M No change
UNH Unitedhealth Group Inc. 1.01% 5,000 $2.6M No change
TEAM Atlassian Corp. Class A 0.98% 12,000 $2.5M New
CP Canadian Pacific Kansas City 0.94% 35,000 $2.5M No change
FICO Fair Isaac Corp. 0.92% 1,300 $2.4M Add +36.8%
LSCC Lattice Semiconductor Corp. 0.91% 45,000 $2.4M No change
ANSS Ansys Inc. 0.85% 7,000 $2.2M No change
SPOT Spotify Technology SA 0.84% 4,000 $2.2M Add +14.3%
CVNA Carvana Co. 0.80% 10,000 $2.1M No change
DDOG Datadog Inc. Class A 0.76% 20,000 $2.0M No change
VRT Vertiv Holdings Co. Class A 0.75% 27,171 $2.0M Reduce -45.7%
HD Home Depot Inc. 0.70% 5,000 $1.8M Reduce -16.7%
CRWD CrowdStrike Holdings Inc. Class A 0.68% 5,000 $1.8M No change
ARM Arm Holdings PLC-ADR 0.61% 15,000 $1.6M No change
APG Api Group Corp. 0.55% 40,000 $1.4M No change
HOOD Robinhood Markets Inc. Class A 0.48% 30,000 $1.2M New
DSGR Distribution Solutions Group 0.28% 26,137 $732K No change
GTLB Gitlab Inc. Class A 0.27% 15,000 $705K New
GPGI Gpgi Inc. filed as COMPOSECURE INC 0.22% 52,695 $573K Reduce -39.9%
RHLD Resolute Holdings Manag 0.05% 4,391 $138K New

Options reported separately and not counted above: GOOGL calls ($5.4M), AMZN calls ($4.5M), TSM calls ($4.2M), HEI calls ($2.7M), BA calls ($2.6M), MU calls ($2.0M), V calls ($1.8M), AVGO calls ($1.7M), UNH calls ($1.6M), VRT calls ($1.2M), NVDA calls ($542K), AMZN puts ($476K), and 2 more.

Portfolio Sells Q4 2024 → Q1 2025
AVGO Broadcom Inc. Reduce -11.1% 3.86% −1.64
SMH Vaneck Semiconductor ETF Sold out 0.00% −1.40
DHR Danaher Corp. Sold out 0.00% −1.37
VRT Vertiv Holdings Co. Class A Reduce -45.7% 0.75% −1.24
CRDO Credo Technology Group Holdi Sold out 0.00% −1.18
ADBE Adobe Inc. Sold out 0.00% −0.94
AMD Advanced Micro Devices Sold out 0.00% −0.89
AMSC American Superconductor Corp. Sold out 0.00% −0.82
INTU Intuit Inc. Sold out 0.00% −0.77
POOL Pool Corp. Sold out 0.00% −0.60
GOOGL Alphabet Inc. Class A Reduce -8.5% 2.55% −0.57
CSGP Costar Group Inc. Sold out 0.00% −0.41
GEV GE Vernova Inc. Reduce -21.1% 1.54% −0.38
NBIS Nebius Group NV Sold out 0.00% −0.29
GPGI Gpgi Inc. Reduce -39.9% 0.22% −0.25
HD Home Depot Inc. Reduce -16.7% 0.70% −0.12
TMO Thermo Fisher Scientific Inc. Reduce -9.1% 1.91% −0.10
MNDY Monday.com Ltd. Reduce -15.2% 1.31% −0.06
MA Mastercard Inc. Class A Reduce -8.0% 2.42% +0.11
HEI Heico Corp. Reduce -1.5% 3.41% +0.59

Portfolio Buys Q4 2024 → Q1 2025
NET Cloudflare Inc. Class A New 1.53% +1.53
KEYS Keysight Technologies Inc. New 1.26% +1.26
V Visa Inc. Class A Add +28.9% 3.30% +1.19
WWD Woodward Inc. New 1.16% +1.16
TEAM Atlassian Corp. Class A New 0.98% +0.98
HOOD Robinhood Markets Inc. Class A New 0.48% +0.48
BA The Boeing Co. Add +16.9% 2.26% +0.42
PSN Parsons Corp. Add +109.1% 1.31% +0.42
AMZN Amazon.com Inc. Add +16.0% 4.24% +0.38
CDNS Cadence Design SYS Inc. Add +22.6% 3.17% +0.38
SPOT Spotify Technology SA Add +14.3% 0.84% +0.29
GTLB Gitlab Inc. Class A New 0.27% +0.27
FICO Fair Isaac Corp. Add +36.8% 0.92% +0.26
SNPS Synopsys Inc. Add +9.1% 2.96% +0.15
TSM Taiwan Semiconductor-SP ADR Add +13.3% 2.71% +0.11
RHLD Resolute Holdings Manag New 0.05% +0.05
NVDA Nvidia Corp. Add +9.5% 4.78% −0.17

Options Activity Q4 2024 → Q1 2025
GOOGL Alphabet Inc. Class A call Add +150.0% 35,000 $5.4M
AMZN Amazon.com Inc. call Add +17.5% 23,500 $4.5M
TSM Taiwan Semiconductor-SP ADR call Add +400.0% 25,000 $4.2M
AMD Advanced Micro Devices call Sold out 20,000 $2.4Mbefore exit
ADBE Adobe Inc. call Sold out 5,000 $2.2Mbefore exit
V Visa Inc. Class A call Reduce -66.7% 5,000 $1.8M
AVGO Broadcom Inc. call New 10,000 $1.7M
UNH Unitedhealth Group Inc. call New 3,000 $1.6M
CDNS Cadence Design SYS Inc. put Sold out 5,000 $1.5Mbefore exit
SNPS Synopsys Inc. call Sold out 3,000 $1.5Mbefore exit
META Meta Platforms Inc. Class A call Sold out 2,000 $1.2Mbefore exit
VRT Vertiv Holdings Co. Class A call New 16,000 $1.2M
UNH Unitedhealth Group Inc. put Sold out 2,000 $1.0Mbefore exit
CDNS Cadence Design SYS Inc. call Sold out 3,000 $901Kbefore exit
NVDA Nvidia Corp. call Reduce -75.0% 5,000 $542K
CVNA Carvana Co. call Sold out 2,500 $508Kbefore exit
AMZN Amazon.com Inc. put New 2,500 $476K
VKTX Viking Therapeutics Inc. call Sold out 10,000 $402Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 65$477.4MASML, NVDA, INTC, TSM, TSEM
Q1 2026 61$349.3MNVDA, ASML, TSM, GOOGL, LITE
Q4 2025 54$321.0MNVDA, AAPL, MSFT, TSM, AVGO
Q3 2025 53$285.4MNVDA, AVGO, AAPL, TSM, ASML
Q2 2025Amended 51$246.9MNVDA, AVGO, MSFT, HEI, AAPL
Q1 2025 58$260.5MNVDA, AMZN, AVGO, AAPL, META
Q4 2024 61$284.7MAVGO, NVDA, AAPL, AMZN, META
Q3 2024 57$283.9MAVGO, NVDA, AMZN, AAPL, SHW
Q2 2024 58$265.6MNVDA, AVGO, MSFT, AAPL, AMZN
Q1 2024 57$232.9MNVDA, AMZN, AVGO, META, SHW