M & L Capital Management Ltd
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 10, 2026), M & L Capital Management Ltd reported 19 stock positions worth $406.7 million. Its top holding was Nvidia (NVDA) at 50.2% of the portfolio, followed by Broadcom (AVGO, 13.2%) and Lumentum (LITE, 9.0%). Compared with Q4 2025, it opened 5 new positions, sold out of 11 and added to 8. The biggest buy was Lumentum (LITE, shares +33%) and the biggest sale an exit from Microsoft (MSFT).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001927627
- Portfolio Value
- $406.7M (Q1 2026)
- SEC Filing
- 0001927627-26-000003 ↗ filed Apr 10, 2026
Holdings Value
Holdings 19 stocks · $406.7M
| NVDA Nvidia Corp. | 50.22% | 1,170,700 | $204.2M | No change |
| AVGO Broadcom Inc. | 13.20% | 173,300 | $53.7M | Add +31.8% |
| LITE Lumentum Holdings Inc. | 8.99% | 52,030 | $36.6M | Add +32.9% |
| CIEN Ciena Corp. | 5.32% | 55,730 | $21.6M | Add +53.7% |
| LRCX Lam Research Corp. | 4.10% | 78,050 | $16.7M | New |
| ANET Arista Networks Inc. | 2.60% | 86,000 | $10.6M | No change |
| HOOD Robinhood Markets Inc. Class A | 2.31% | 135,500 | $9.4M | No change |
| COHR Coherent Corp. | 2.20% | 37,600 | $9.0M | Add +73.3% |
| FWONK Liberty Media Corp. Class C | 2.17% | 103,965 | $8.8M | No change |
| ISRG Intuitive Surgical Inc. | 2.01% | 17,700 | $8.2M | No change |
| VRT Vertiv Holdings Co. Class A | 1.66% | 26,900 | $6.7M | Add +83.0% |
| GEV GE Vernova Inc. | 1.07% | 5,000 | $4.4M | New |
| TKO Tko Group Holdings Inc. | 1.00% | 20,250 | $4.1M | Add +42.1% |
| AVAV Aerovironment Inc. | 0.94% | 20,900 | $3.8M | Add +122.3% |
| SITM Sitime Corp. | 0.83% | 9,800 | $3.4M | New |
| GOOG Alphabet Inc. Class C | 0.63% | 8,860 | $2.5M | Add +130.1% |
| CELH Celsius Holdings Inc. | 0.47% | 53,400 | $1.9M | No change |
| BE Bloom Energy Corp. Class A | 0.27% | 8,100 | $1.1M | New |
| AXON Axon Enterprise Inc. | 0.02% | 180 | $76K | New |
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Sold out | 0.00% | −15.15 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −4.36 |
| ROBO Robo Global Robotics and Aut | Sold out | 0.00% | −2.69 |
| DELL Dell Technologies -C | Sold out | 0.00% | −2.32 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −1.15 |
| KRMN Karman Holdings Inc. | Sold out | 0.00% | −0.71 |
| PODD Insulet Corp. | Sold out | 0.00% | −0.33 |
| XOVR Ershares Private-Public Cros | Sold out | 0.00% | −0.24 |
| ICLN iShares Global Clean Energy | Sold out | 0.00% | −0.20 |
| ARKX ARK Space & Defense Innovati | Sold out | 0.00% | −0.06 |
| GRND Grindr Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| LITE Lumentum Holdings Inc. | Add +32.9% | 8.99% | +5.98 |
| LRCX Lam Research Corp. | New | 4.10% | +4.10 |
| AVGO Broadcom Inc. | Add +31.8% | 13.20% | +3.71 |
| CIEN Ciena Corp. | Add +53.7% | 5.32% | +3.55 |
| COHR Coherent Corp. | Add +73.3% | 2.20% | +1.37 |
| VRT Vertiv Holdings Co. Class A | Add +83.0% | 1.66% | +1.16 |
| GEV GE Vernova Inc. | New | 1.07% | +1.07 |
| SITM Sitime Corp. | New | 0.83% | +0.83 |
| AVAV Aerovironment Inc. | Add +122.3% | 0.94% | +0.47 |
| TKO Tko Group Holdings Inc. | Add +42.1% | 1.00% | +0.38 |
| GOOG Alphabet Inc. Class C | Add +130.1% | 0.63% | +0.37 |
| BE Bloom Energy Corp. Class A | New | 0.27% | +0.27 |
| AXON Axon Enterprise Inc. | New | 0.02% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 17 | $369.8M | AVGO, MU, LITE, SMH, MRVL |
| Q1 2026 | 19 | $406.7M | NVDA, AVGO, LITE, CIEN, LRCX |
| Q4 2025 | 25 | $479.6M | NVDA, MSFT, AVGO, SNPS, HOOD |
| Q3 2025 | 24 | $501.4M | NVDA, MSFT, AVGO, ANET, AMD |
| Q2 2025 | 21 | $443.3M | NVDA, MSFT, AVGO, ANET, AMD |
| Q1 2025 | 18 | $334.0M | NVDA, MSFT, AVGO, AMD, SNPS |
| Q4 2024 | 18 | $409.2M | NVDA, MSFT, ANET, AVGO, AMD |