Nearwater Capital Markets, Ltd
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Nearwater Capital Markets, Ltd reported 100 stock positions worth $5.8 billion. Its top holding was Revolution Medicines (RVMD) at 6.8% of the portfolio, followed by Amazon.com (AMZN, 5.5%) and Vaneck Gold Miners ETF (GDX, 4.6%). Compared with Q1 2026, it opened 64 new positions, sold out of 46, added to 15 and reduced 15. The biggest buy was Revolution Medicines (RVMD, shares +209%) and the biggest sale an exit from Ste STR SPDR PT DW Eu ETF (SPDW).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001915842
- Portfolio Value
- $5.8B (Q2 2026)
- SEC Filing
- 0001915842-26-000009 ↗ filed Aug 14, 2026
Holdings Value
Holdings 100 stocks · $5.8B
| RVMD Revolution Medicines Inc. | 6.77% | 2,097,000 | $392.7M | Add +209.3% |
| AMZN Amazon.com Inc. | 5.46% | 1,329,000 | $316.8M | Add +107.7% |
| GDX Vaneck Gold Miners ETF | 4.62% | 3,551,500 | $268.0M | Add +292.9% |
| SNDK Sandisk Corp. | 4.31% | 110,000 | $250.1M | Reduce -46.6% |
| AMD Advanced Micro Devices | 3.89% | 388,000 | $225.4M | New |
| NCLH Norwegian Cruise Line Holdin | 3.45% | 9,465,000 | $199.8M | Add +178.0% |
| GOOGL Alphabet Inc. Class A | 3.25% | 527,900 | $188.7M | Add +80.8% |
| NVDA Nvidia Corp. | 2.95% | 854,000 | $170.9M | Reduce -40.2% |
| UBER Uber Technologies Inc. | 2.71% | 2,181,000 | $157.4M | New |
| MSFT Microsoft Corp. | 2.70% | 420,000 | $156.7M | Add +154.6% |
| TSLA Tesla Inc. | 2.41% | 332,000 | $139.6M | New |
| HUT Hut 8 Corp. | 2.31% | 1,161,500 | $134.1M | New |
| EWZ iShares MSCI Brazil ETF | 2.20% | 3,700,000 | $127.7M | New |
| AAPL Apple Inc. | 2.19% | 438,000 | $126.7M | Reduce -56.6% |
| SNPS Synopsys Inc. | 2.15% | 280,000 | $124.9M | Add +250.0% |
| FXI iShares China Large-Cap ETF | 2.11% | 3,877,000 | $122.5M | New |
| IEMG iShares Core MSCI Emerging | 1.79% | 1,250,200 | $103.6M | New |
| TXN Texas Instruments Inc. | 1.52% | 295,000 | $87.9M | New |
| DXCM Dexcom Inc. | 1.45% | 1,250,000 | $84.2M | New |
| U Unity Software Inc. | 1.42% | 2,881,000 | $82.3M | New |
| HON Honeywell International Inc. | 1.35% | 348,500 | $78.0M | New |
| DT Dynatrace Inc. | 1.34% | 1,770,000 | $77.7M | New |
| HONA Honeywell Aerospace Inc. | 1.33% | 348,500 | $77.0M | New |
| COF Capital One Financial Corp. | 1.25% | 362,400 | $72.7M | Add +309.5% |
| MS Morgan Stanley | 1.23% | 340,000 | $71.1M | New |
| ACWI iShares MSCI Acwi ETF | 1.17% | 431,900 | $67.8M | Reduce -32.7% |
| XOM Exxon Mobil Corp. | 1.07% | 453,000 | $61.9M | New |
| WBS Webster Financial Corp. | 1.03% | 778,000 | $59.5M | Add +88.8% |
| RTX RTX Corp. | 1.00% | 305,000 | $57.9M | Add +182.4% |
| ROST Ross Stores Inc. | 0.94% | 256,000 | $54.5M | Add +96.9% |
| ANET Arista Networks Inc. | 0.93% | 319,000 | $54.2M | No change |
| ROIV Roivant Sciences Ltd. | 0.92% | 1,500,000 | $53.1M | New |
| EFA iShares MSCI Eafe ETF | 0.83% | 465,000 | $48.3M | New |
| EEM iShares MSCI Emerging Market | 0.83% | 700,000 | $47.9M | Add +21.2% |
| UAL United Airlines Holdings Inc. | 0.82% | 351,000 | $47.7M | New |
| NSC Norfolk Southern Corp. | 0.81% | 149,000 | $46.9M | New |
| PH Parker Hannifin Corp. | 0.79% | 47,000 | $46.0M | New |
| CIEN Ciena Corp. | 0.79% | 93,000 | $45.6M | New |
| HLT Hilton Worldwide Holdings Inc. | 0.78% | 137,000 | $45.3M | New |
| ALGN Align Technology Inc. | 0.78% | 268,000 | $45.2M | New |
| GDXJ Vaneck Junior Gold Miners | 0.76% | 450,000 | $44.2M | Reduce -72.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.76% | 88,000 | $44.0M | Reduce -29.0% |
| UNH Unitedhealth Group Inc. | 0.72% | 100,000 | $41.6M | Add +11.1% |
| SPHR Sphere Entertainment Co. | 0.68% | 229,200 | $39.7M | Reduce -38.9% |
| COPX Global X Copper Miners ETF | 0.66% | 500,000 | $38.5M | Reduce -46.5% |
| GTLS Chart Industries Inc. | 0.66% | 184,000 | $38.4M | Add +67.3% |
| TMO Thermo Fisher Scientific Inc. | 0.64% | 74,000 | $37.1M | New |
| DRAM Roundhill Memory ETF | 0.64% | 500,000 | $36.9M | New |
| GOOG Alphabet Inc. Class C | 0.61% | 100,000 | $35.3M | New |
| TER Teradyne Inc. | 0.60% | 72,000 | $34.8M | Reduce -68.0% |
| CAR Avis Budget Group Inc. | 0.60% | 235,000 | $34.7M | New |
| FTNT Fortinet Inc. | 0.58% | 219,000 | $33.6M | New |
| PURR Hyperliquid Strategies | 0.54% | 4,000,000 | $31.5M | New |
| GM General Motors Co. | 0.53% | 400,000 | $30.8M | New |
| XPO Xpo Inc. | 0.53% | 150,000 | $30.8M | New |
| WULF Terawulf Inc. | 0.51% | 1,200,000 | $29.6M | New |
| KEYS Keysight Technologies Inc. | 0.51% | 84,000 | $29.4M | New |
| IBIT iShares Bitcoin Trust ETF | 0.50% | 878,000 | $29.2M | Reduce -36.6% |
| PLTR Palantir Technologies Inc. Class A | 0.46% | 230,000 | $26.8M | New |
| IDEV iShares Core MSCI Dev MKTS | 0.46% | 300,000 | $26.7M | New |
| TTMI TTM Technologies | 0.46% | 141,900 | $26.5M | Add +115.3% |
| NBIX Neurocrine Biosciences Inc. | 0.45% | 155,000 | $26.1M | New |
| ISRG Intuitive Surgical Inc. | 0.45% | 65,000 | $25.8M | New |
| ADBE Adobe Inc. | 0.37% | 105,000 | $21.5M | Reduce -21.1% |
| SUNC Sunococorp LLC | 0.32% | 275,000 | $18.6M | New |
| NKTR Nektar Therapeutics | 0.31% | 261,500 | $18.3M | No change |
| VEEV Veeva Systems Inc. Class A | 0.29% | 95,000 | $16.9M | New |
| TDY Teledyne Technologies Inc. | 0.29% | 25,000 | $16.7M | New |
| ATI Ati Inc. | 0.27% | 80,000 | $15.8M | New |
| EFX Equifax Inc. | 0.25% | 93,000 | $14.8M | New |
| AMPX Amprius Technologies Inc. | 0.25% | 1,034,700 | $14.3M | New |
| PODD Insulet Corp. | 0.24% | 90,000 | $13.7M | New |
| KVUE Kenvue Inc. | 0.24% | 715,800 | $13.7M | New |
| QRVO Qorvo Inc. | 0.23% | 145,000 | $13.5M | New |
| SILJ Amplify Junior Silver Miners | 0.23% | 515,900 | $13.4M | New |
| APG Api Group Corp. | 0.23% | 314,000 | $13.3M | New |
| URA Global X Uranium ETF | 0.23% | 300,000 | $13.1M | New |
| ARQT Arcutis Biotherapeutics Inc. | 0.22% | 486,700 | $12.8M | Reduce -19.9% |
| TXNM TXNM Energy Inc. | 0.22% | 223,100 | $12.7M | New |
| TTWO Take-Two Interactive Softwre | 0.22% | 50,000 | $12.5M | Reduce -77.9% |
| OKTA Okta Inc. | 0.21% | 90,000 | $12.3M | New |
| FIVE Five Below | 0.20% | 65,000 | $11.7M | New |
| CXW Corecivic Inc. | 0.18% | 350,000 | $10.6M | New |
| SLAB Silicon Laboratories Inc. | 0.18% | 47,500 | $10.4M | New |
| MIAX Miami International Holdings | 0.18% | 279,000 | $10.4M | New |
| GEO The Geo Group Inc. | 0.18% | 350,000 | $10.3M | New |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.17% | 532,000 | $9.6M | New |
| NOW ServiceNow Inc. | 0.16% | 95,000 | $9.4M | No change |
| PLNT Planet Fitness Inc. Class A | 0.14% | 150,000 | $7.8M | New |
| AMLX Amylyx Pharmaceuticals Inc. | 0.13% | 425,000 | $7.6M | New |
| BZ Kanzhun Ltd. - ADR | 0.12% | 538,300 | $6.9M | No change |
| CORZ Core Scientific Inc. | 0.12% | 265,700 | $6.8M | New |
| TAL Tal Education Group- ADR filed as TAL ED GROUP | 0.12% | 700,000 | $6.7M | No change |
| LBRT Liberty Energy Inc. | 0.11% | 250,000 | $6.5M | New |
| RBC RBC Bearings Inc. | 0.11% | 10,040 | $6.5M | New |
| CX Cemex Sab-Spons ADR Part Cer | 0.11% | 519,900 | $6.2M | Reduce -56.3% |
| AVPT Avepoint Inc. | 0.10% | 500,000 | $5.6M | New |
| FUN Six Flags Entertainment Corp. | 0.07% | 194,000 | $4.1M | No change |
| JEMA JPMorgan Activebuilders Emer | 0.03% | 28,000 | $1.8M | New |
| CELC Celcuity Inc. | 0.00% | 1,000 | $105K | Reduce -99.8% |
Portfolio Sells Q1 2026 → Q2 2026
| SPDW Ste STR SPDR PT DW Eu ETF | Sold out | 0.00% | −6.50 |
| GDXJ Vaneck Junior Gold Miners | Reduce -72.5% | 0.76% | −3.88 |
| AAPL Apple Inc. | Reduce -56.6% | 2.19% | −3.86 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −3.37 |
| NVDA Nvidia Corp. | Reduce -40.2% | 2.95% | −2.93 |
| IXUS iShares Core Intl Stock ETF | Sold out | 0.00% | −2.89 |
| TERN Terns Pharmaceuticals Inc. | Sold out | 0.00% | −2.67 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −2.54 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −2.20 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −2.13 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −1.89 |
| VPL Vanguard Ftse Pacific ETF | Sold out | 0.00% | −1.82 |
| NEM Newmont Corp. | Sold out | 0.00% | −1.79 |
| KWEB Kranesh Csi China Internet | Sold out | 0.00% | −1.60 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −1.48 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −1.44 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −1.28 |
| CELC Celcuity Inc. | Reduce -99.8% | 0.00% | −1.27 |
| CVX Chevron Corp. | Sold out | 0.00% | −1.23 |
| INSM Insmed Inc. | Sold out | 0.00% | −1.16 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −1.04 |
| ABT Abbott Laboratories | Sold out | 0.00% | −1.03 |
| COPX Global X Copper Miners ETF | Reduce -46.5% | 0.66% | −1.02 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −1.00 |
| TER Teradyne Inc. | Reduce -68.0% | 0.60% | −0.97 |
| ACWI iShares MSCI Acwi ETF | Reduce -32.7% | 1.17% | −0.93 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.87 |
| TTWO Take-Two Interactive Softwre | Reduce -77.9% | 0.22% | −0.84 |
| HESM Hess Midstream LP Class A | Sold out | 0.00% | −0.83 |
| QQQI Neos Nasdaq-100 High Inc. ETF | Sold out | 0.00% | −0.82 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.80 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.77 |
| IBIT iShares Bitcoin Trust ETF | Reduce -36.6% | 0.50% | −0.75 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.67 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.66 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -29.0% | 0.76% | −0.64 |
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −0.61 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.59 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.46 |
| OS Onestream Inc. | Sold out | 0.00% | −0.40 |
| ADBE Adobe Inc. | Reduce -21.1% | 0.37% | −0.39 |
| PEN Penumbra Inc. | Sold out | 0.00% | −0.39 |
| SPHR Sphere Entertainment Co. | Reduce -38.9% | 0.68% | −0.35 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.35 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Sold out | 0.00% | −0.25 |
| PBF PBF Energy Inc. Class A | Sold out | 0.00% | −0.22 |
| ESGE iShares Inc. iShares ESG Awar | Sold out | 0.00% | −0.21 |
| CX Cemex Sab-Spons ADR Part Cer | Reduce -56.3% | 0.11% | −0.21 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.20 |
| CALX Calix Inc. | Sold out | 0.00% | −0.14 |
Portfolio Buys Q1 2026 → Q2 2026
| RVMD Revolution Medicines Inc. | Add +209.3% | 6.77% | +5.22 |
| AMD Advanced Micro Devices | New | 3.89% | +3.89 |
| UBER Uber Technologies Inc. | New | 2.71% | +2.71 |
| GDX Vaneck Gold Miners ETF | Add +292.9% | 4.62% | +2.67 |
| TSLA Tesla Inc. | New | 2.41% | +2.41 |
| AMZN Amazon.com Inc. | Add +107.7% | 5.46% | +2.32 |
| HUT Hut 8 Corp. | New | 2.31% | +2.31 |
| EWZ iShares MSCI Brazil ETF | New | 2.20% | +2.20 |
| FXI iShares China Large-Cap ETF | New | 2.11% | +2.11 |
| NCLH Norwegian Cruise Line Holdin | Add +178.0% | 3.45% | +1.94 |
| IEMG iShares Core MSCI Emerging | New | 1.79% | +1.79 |
| TXN Texas Instruments Inc. | New | 1.52% | +1.52 |
| DXCM Dexcom Inc. | New | 1.45% | +1.45 |
| U Unity Software Inc. | New | 1.42% | +1.42 |
| SNPS Synopsys Inc. | Add +250.0% | 2.15% | +1.41 |
| HON Honeywell International Inc. | New | 1.35% | +1.35 |
| DT Dynatrace Inc. | New | 1.34% | +1.34 |
| HONA Honeywell Aerospace Inc. | New | 1.33% | +1.33 |
| GOOGL Alphabet Inc. Class A | Add +80.8% | 3.25% | +1.27 |
| MSFT Microsoft Corp. | Add +154.6% | 2.70% | +1.26 |
| MS Morgan Stanley | New | 1.23% | +1.23 |
| XOM Exxon Mobil Corp. | New | 1.07% | +1.07 |
| ROIV Roivant Sciences Ltd. | New | 0.92% | +0.92 |
| COF Capital One Financial Corp. | Add +309.5% | 1.25% | +0.87 |
| EFA iShares MSCI Eafe ETF | New | 0.83% | +0.83 |
| UAL United Airlines Holdings Inc. | New | 0.82% | +0.82 |
| NSC Norfolk Southern Corp. | New | 0.81% | +0.81 |
| PH Parker Hannifin Corp. | New | 0.79% | +0.79 |
| CIEN Ciena Corp. | New | 0.79% | +0.79 |
| HLT Hilton Worldwide Holdings Inc. | New | 0.78% | +0.78 |
| ALGN Align Technology Inc. | New | 0.78% | +0.78 |
| TMO Thermo Fisher Scientific Inc. | New | 0.64% | +0.64 |
| DRAM Roundhill Memory ETF | New | 0.64% | +0.64 |
| GOOG Alphabet Inc. Class C | New | 0.61% | +0.61 |
| CAR Avis Budget Group Inc. | New | 0.60% | +0.60 |
| FTNT Fortinet Inc. | New | 0.58% | +0.58 |
| PURR Hyperliquid Strategies | New | 0.54% | +0.54 |
| GM General Motors Co. | New | 0.53% | +0.53 |
| XPO Xpo Inc. | New | 0.53% | +0.53 |
| WULF Terawulf Inc. | New | 0.51% | +0.51 |
| KEYS Keysight Technologies Inc. | New | 0.51% | +0.51 |
| RTX RTX Corp. | Add +182.4% | 1.00% | +0.51 |
| PLTR Palantir Technologies Inc. Class A | New | 0.46% | +0.46 |
| IDEV iShares Core MSCI Dev MKTS | New | 0.46% | +0.46 |
| NBIX Neurocrine Biosciences Inc. | New | 0.45% | +0.45 |
| ISRG Intuitive Surgical Inc. | New | 0.45% | +0.45 |
| WBS Webster Financial Corp. | Add +88.8% | 1.03% | +0.35 |
| SUNC Sunococorp LLC | New | 0.32% | +0.32 |
| TTMI TTM Technologies | Add +115.3% | 0.46% | +0.31 |
| VEEV Veeva Systems Inc. Class A | New | 0.29% | +0.29 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 100 | $5.8B | RVMD, AMZN, GDX, SNDK, AMD |
| Q1 2026 | 82 | $4.2B | SPDW, AAPL, NVDA, GDXJ, VEA |
| Q4 2025 | 104 | $5.8B | GOOGL, MSFT, NVDA, VEA, AVGO |
| Q3 2025 | 144 | $7.5B | IVV, NVDA, MSFT, AAPL, AVGO |
| Q2 2025 | 103 | $6.3B | IVV, NVDA, META, AVGO, MSFT |
| Q1 2025 | 89 | $3.5B | IVV, SPY, AVGO, NVDA, MSFT |
| Q4 2024 | 78 | $3.5B | IVV, AVGO, NVDA, MA, GS |