Munro Partners

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 10, 2026), Munro Partners reported 59 stock positions worth $4.4 billion. Its top holding was Nvidia (NVDA) at 6.7% of the portfolio, followed by GE Vernova (GEV, 5.8%) and Alphabet Class A (GOOGL, 5.1%). Compared with Q1 2026, it opened 22 new positions, sold out of 22, added to 23 and reduced 14. The biggest buy was a new position in Applied Materials (AMAT) and the biggest sale an exit from Eaton (ETN).

Most Recent 13F
Q2 2026
Location
MELBOURNE, C3
CIK
0001768744
Portfolio Value
$4.4B (Q2 2026)
SEC Filing
0001768744-26-000008 ↗ filed Aug 10, 2026

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $2.8B Q1 2024 Q2 2024: $2.7B Q2 2024 Q3 2024: $2.7B Q3 2024 Q4 2024: $2.9B Q4 2024 Q1 2025: $2.1B Q1 2025 Q2 2025: $3.2B Q2 2025 Q3 2025: $3.7B Q3 2025 Q4 2025: $3.6B Q4 2025 Q1 2026: $3.0B Q1 2026 Q2 2026: $4.4B $4.4B Q2 2026

Holdings 59 stocks · $4.4B
NVDA Nvidia Corp. 6.74% 1,483,301 $296.8M Reduce -10.3%
GEV GE Vernova Inc. 5.82% 217,873 $256.0M Reduce -16.2%
GOOGL Alphabet Inc. Class A 5.06% 623,657 $222.9M Add +43.1%
AMZN Amazon.com Inc. 4.99% 922,313 $219.8M Add +15.4%
AMAT Applied Materials Inc. 4.58% 278,565 $201.4M New
PWR Quanta Services Inc. 4.52% 276,277 $198.9M Add +207.0%
MA Mastercard Inc. Class A 3.61% 308,934 $158.7M Add +49.9%
AVGO Broadcom Inc. 3.34% 389,356 $147.1M Reduce -4.7%
JCI Johnson Controls Internation 3.17% 954,862 $139.5M Add +18.3%
LITE Lumentum Holdings Inc. 3.12% 160,222 $137.5M Add +118.3%
FLEX Flex Ltd. 2.96% 804,342 $130.4M New
HWM Howmet Aerospace Inc. 2.96% 483,932 $130.1M Add +35.0%
MOD Modine Manufacturing Co. 2.69% 443,360 $118.4M Add +274.7%
LLY Eli Lilly & Co. 2.65% 97,240 $116.6M Reduce -4.7%
MU Micron Technology Inc. 2.62% 99,985 $115.4M New
GE General Electric filed as GE AEROSPACE 2.62% 308,680 $115.4M Add +35.5%
TKO Tko Group Holdings Inc. 2.57% 561,729 $113.1M Reduce -8.0%
FWONK Liberty Media Corp. Class C 2.39% 1,106,033 $105.2M Add +3.5%
RTX RTX Corp. 2.34% 541,675 $102.8M Add +20.7%
AMD Advanced Micro Devices 2.27% 171,716 $99.8M New
WWD Woodward Inc. 2.22% 230,170 $97.9M New
WMB Williams Cos Inc. 2.07% 1,224,673 $91.0M New
CGNX Cognex Corp. 1.72% 1,046,750 $75.8M New
ARM Arm Holdings PLC-ADR 1.56% 193,733 $68.7M New
INIO Innio NV 1.56% 1,736,315 $68.7M New
LGN Legence Corp. Class A 1.51% 779,617 $66.4M Add +4.3%
FIX Comfort Systems USA Inc. 1.36% 30,230 $59.9M Add +46.0%
LIN Linde PLC 1.24% 105,094 $54.5M Add +61.8%
ONTO Onto Innovation Inc. 1.17% 136,375 $51.6M New
MRVL Marvell Technology Inc. 1.16% 171,565 $51.1M New
AEIS Advanced Energy Industries 1.14% 135,051 $50.4M New
NEE Nextera Energy Inc. 1.12% 559,902 $49.1M Reduce -63.7%
CLH Clean Harbors Inc. 1.02% 149,769 $44.7M Add +268.3%
POWL Powell Industries Inc. 0.78% 119,502 $34.2M Add +171.3%
CCJ Cameco Corp. 0.71% 306,375 $31.2M Add +85.4%
UCTT Ultra Clean Holdings Inc. 0.59% 183,547 $26.2M New
TER Teradyne Inc. 0.55% 50,471 $24.4M Add +231.3%
SOLS Solstice Adv Materials Inc. 0.54% 267,580 $23.7M Add +182.6%
NI Nisource Inc. 0.50% 463,224 $22.0M Add +121.1%
DRS Leonardo DRS Inc. 0.49% 506,570 $21.6M Reduce -19.2%
QCOM Qualcomm Inc. 0.46% 110,365 $20.4M New
NVMI Nova Ltd. 0.46% 36,962 $20.1M Add +72.3%
AIR Aar Corp. 0.45% 139,137 $19.9M Add +16.7%
NXT Nextpower Inc. 0.45% 165,755 $19.7M Add +152.5%
CIEN Ciena Corp. 0.42% 37,946 $18.6M Reduce -82.3%
HEI Heico Corp. 0.37% 45,747 $16.3M Reduce -5.6%
BIP Brookfield Infrastructure Pa 0.36% 428,502 $15.6M Reduce -39.8%
MYRG MYR Group Inc./Delaware 0.35% 30,625 $15.3M New
TSEM Tower Semiconductor Ltd. 0.33% 56,530 $14.7M New
SNDK Sandisk Corp. 0.31% 5,969 $13.6M New
VRT Vertiv Holdings Co. Class A 0.30% 39,070 $13.1M Reduce -58.0%
RDDT Reddit Inc. Class A 0.29% 74,339 $12.9M New
CRH CRH PLC 0.28% 113,325 $12.1M Reduce -38.1%
TRGP Targa Resources Corp. 0.27% 43,870 $11.8M Reduce -89.8%
BWA Borgwarner Inc. 0.25% 167,194 $11.1M New
IBKR Interactive Brokers Gro Class A 0.25% 124,504 $10.8M Reduce -43.3%
ULS Ul Solutions Inc. Class A 0.15% 64,020 $6.5M New
VIAV Viavi Solutions Inc. 0.14% 129,776 $6.2M New
ALGM Allegro Microsystems Inc. 0.08% 49,800 $3.5M New

Options reported separately and not counted above: TSLA calls ($112.9M), QCOM calls ($25.5M).

Portfolio Sells Q1 2026 → Q2 2026
ETN Eaton Corp. PLC Sold out 0.00% −3.98
NEE Nextera Energy Inc. Reduce -63.7% 1.12% −3.74
TRGP Targa Resources Corp. Reduce -89.8% 0.27% −3.38
NVDA Nvidia Corp. Reduce -10.3% 6.74% −3.03
CIEN Ciena Corp. Reduce -82.3% 0.42% −2.41
STRL Sterling Infrastructure Inc. Sold out 0.00% −2.28
MCK McKesson Corp. Sold out 0.00% −2.02
GEV GE Vernova Inc. Reduce -16.2% 5.82% −1.87
BWXT BWX Technologies Inc. Sold out 0.00% −1.71
CF CF Industries Holdings Inc. Sold out 0.00% −1.64
TKO Tko Group Holdings Inc. Reduce -8.0% 2.57% −1.60
AVGO Broadcom Inc. Reduce -4.7% 3.34% −0.94
GFL GFL Environmental Inc.-Sub VT Sold out 0.00% −0.74
CW Curtiss-Wright Corp. Sold out 0.00% −0.58
PRIM Primoris Services Corp. Sold out 0.00% −0.54
LLY Eli Lilly & Co. Reduce -4.7% 2.65% −0.53
BIP Brookfield Infrastructure Pa Reduce -39.8% 0.36% −0.52
VRT Vertiv Holdings Co. Class A Reduce -58.0% 0.30% −0.49
CEG Constellation Energy Sold out 0.00% −0.47
ROAD Construction Partners Inc. Class A Sold out 0.00% −0.47
DRS Leonardo DRS Inc. Reduce -19.2% 0.49% −0.45
CRH CRH PLC Reduce -38.1% 0.28% −0.38
COHR Coherent Corp. Sold out 0.00% −0.33
VVX V2X Inc. Sold out 0.00% −0.26
IBKR Interactive Brokers Gro Class A Reduce -43.3% 0.25% −0.25
AGX Argan Inc. Sold out 0.00% −0.24
CBOE Cboe Global Markets Inc. Sold out 0.00% −0.23
MSFT Microsoft Corp. Sold out 0.00% −0.19
RMBS Rambus Inc. Sold out 0.00% −0.19
CLS Celestica Inc. Sold out 0.00% −0.19
LFUS Littelfuse Inc. Sold out 0.00% −0.19
MDLN Medline Inc. Class A Sold out 0.00% −0.14
FPS Forgent Power Solutions Class A Sold out 0.00% −0.10
HEI Heico Corp. Reduce -5.6% 0.37% −0.08
SN Sharkninja Inc. Sold out 0.00% −0.07
META Meta Platforms Inc. Class A Sold out 0.00% −0.04

Portfolio Buys Q1 2026 → Q2 2026
AMAT Applied Materials Inc. New 4.58% +4.58
FLEX Flex Ltd. New 2.96% +2.96
PWR Quanta Services Inc. Add +207.0% 4.52% +2.85
MU Micron Technology Inc. New 2.62% +2.62
AMD Advanced Micro Devices New 2.27% +2.27
WWD Woodward Inc. New 2.22% +2.22
WMB Williams Cos Inc. New 2.07% +2.07
MOD Modine Manufacturing Co. Add +274.7% 2.69% +1.82
CGNX Cognex Corp. New 1.72% +1.72
ARM Arm Holdings PLC-ADR New 1.56% +1.56
INIO Innio NV New 1.56% +1.56
LITE Lumentum Holdings Inc. Add +118.3% 3.12% +1.38
ONTO Onto Innovation Inc. New 1.17% +1.17
MRVL Marvell Technology Inc. New 1.16% +1.16
AEIS Advanced Energy Industries New 1.14% +1.14
GOOGL Alphabet Inc. Class A Add +43.1% 5.06% +0.82
CLH Clean Harbors Inc. Add +268.3% 1.02% +0.62
UCTT Ultra Clean Holdings Inc. New 0.59% +0.59
POWL Powell Industries Inc. Add +171.3% 0.78% +0.51
QCOM Qualcomm Inc. New 0.46% +0.46
GE General Electric Add +35.5% 2.62% +0.43
TER Teradyne Inc. Add +231.3% 0.55% +0.40
FIX Comfort Systems USA Inc. Add +46.0% 1.36% +0.39
MYRG MYR Group Inc./Delaware New 0.35% +0.35
TSEM Tower Semiconductor Ltd. New 0.33% +0.33
SNDK Sandisk Corp. New 0.31% +0.31
SOLS Solstice Adv Materials Inc. Add +182.6% 0.54% +0.29
RDDT Reddit Inc. Class A New 0.29% +0.29
BWA Borgwarner Inc. New 0.25% +0.25
NXT Nextpower Inc. Add +152.5% 0.45% +0.18
NI Nisource Inc. Add +121.1% 0.50% +0.17
HWM Howmet Aerospace Inc. Add +35.0% 2.96% +0.16
ULS Ul Solutions Inc. Class A New 0.15% +0.15
LIN Linde PLC Add +61.8% 1.24% +0.15
VIAV Viavi Solutions Inc. New 0.14% +0.14
NVMI Nova Ltd. Add +72.3% 0.46% +0.14
MA Mastercard Inc. Class A Add +49.9% 3.61% +0.12
CCJ Cameco Corp. Add +85.4% 0.71% +0.10
LGN Legence Corp. Class A Add +4.3% 1.51% +0.08
ALGM Allegro Microsystems Inc. New 0.08% +0.08
AIR Aar Corp. Add +16.7% 0.45% +0.01
JCI Johnson Controls Internation Add +18.3% 3.17% −0.41
RTX RTX Corp. Add +20.7% 2.34% −0.60
AMZN Amazon.com Inc. Add +15.4% 4.99% −0.64
FWONK Liberty Media Corp. Class C Add +3.5% 2.39% −0.69

Options Activity Q1 2026 → Q2 2026
TSLA Tesla Inc. call New 268,500 $112.9M
QCOM Qualcomm Inc. call New 138,000 $25.5M

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 59$4.4BNVDA, GEV, GOOGL, AMZN, AMAT
Q1 2026 59$3.0BNVDA, GEV, AMZN, NEE, AVGO
Q4 2025 58$3.6BNVDA, GEV, AMZN, MSFT, GOOGL
Q3 2025 63$3.7BNVDA, AMZN, MSFT, FWONK, CEG
Q2 2025Amended 66$3.2BNVDA, MSFT, AMZN, META, CEG
Q1 2025 60$2.1BAMZN, NVDA, MSFT, MA, META
Q4 2024 65$2.9BNVDA, CEG, AMZN, MSFT, MA
Q3 2024 62$2.7BNVDA, CEG, AMZN, MSFT, GEV
Q2 2024 57$2.7BNVDA, AMZN, MSFT, CEG, TSM
Q1 2024 57$2.8BNVDA, MSFT, AMZN, CEG, META