Nellore Capital Management LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Nellore Capital Management LLC reported 11 stock positions worth $782.6 million. Its top holding was Amazon.com (AMZN) at 28.8% of the portfolio, followed by MercadoLibre (MELI, 15.9%) and Appfolio Class A (APPF, 12.8%). Compared with Q4 2025, it opened 1 new position, sold out of 1, added to 8 and reduced 2. The biggest buy was Alphabet Class A (GOOGL, shares +46%) and the biggest sale Coupang (CPNG, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- REDWOOD CITY, CA
- CIK
- 0001846677
- Portfolio Value
- $782.6M (Q1 2026)
- SEC Filing
- 0001846677-26-000003 ↗ filed May 15, 2026
Holdings Value
Holdings 11 stocks · $782.6M
| AMZN Amazon.com Inc. | 28.77% | 1,081,000 | $225.1M | Add +6.3% |
| MELI MercadoLibre Inc. | 15.90% | 71,955 | $124.4M | Add +11.6% |
| APPF Appfolio Inc. Class A | 12.83% | 636,302 | $100.4M | Add +20.1% |
| VEEV Veeva Systems Inc. Class A | 10.04% | 447,301 | $78.6M | Add +35.4% |
| GOOGL Alphabet Inc. Class A | 9.28% | 252,500 | $72.6M | Add +46.4% |
| CPNG Coupang Inc. | 8.06% | 3,340,975 | $63.1M | Reduce -24.8% |
| GOOG Alphabet Inc. Class C | 7.36% | 200,700 | $57.6M | Add +3.6% |
| DASH DoorDash Inc. Class A | 4.14% | 216,003 | $32.4M | Add +7.5% |
| TBRG Trubridge Inc. | 1.85% | 988,446 | $14.5M | Add +8.0% |
| MSFT Microsoft Corp. | 1.74% | 36,700 | $13.6M | Reduce -61.6% |
| MNDY Monday.com Ltd. | 0.04% | 5,000 | $346K | New |
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
| GOOGL Alphabet Inc. Class A | Add +46.4% | 9.28% | +3.23 |
| AMZN Amazon.com Inc. | Add +6.3% | 28.77% | +2.49 |
| VEEV Veeva Systems Inc. Class A | Add +35.4% | 10.04% | +1.78 |
| MELI MercadoLibre Inc. | Add +11.6% | 15.90% | +1.36 |
| GOOG Alphabet Inc. Class C | Add +3.6% | 7.36% | +0.55 |
| MNDY Monday.com Ltd. | New | 0.04% | +0.04 |
| TBRG Trubridge Inc. | Add +8.0% | 1.85% | −0.41 |
| DASH DoorDash Inc. Class A | Add +7.5% | 4.14% | −0.95 |
| APPF Appfolio Inc. Class A | Add +20.1% | 12.83% | −0.96 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 10 | $900.7M | AMZN, MELI, APPF, GOOGL, VEEV |
| Q1 2026 | 11 | $782.6M | AMZN, MELI, APPF, VEEV, GOOGL |
| Q4 2025 | 11 | $893.3M | AMZN, MELI, APPF, CPNG, VEEV |
| Q3 2025 | 14 | $916.8M | AMZN, MELI, APPF, CPNG, VEEV |
| Q2 2025 | 13 | $891.8M | AMZN, MELI, APPF, CPNG, VEEV |
| Q1 2025 | 15 | $734.8M | AMZN, MELI, APPF, VEEV, CPNG |
| Q4 2024 | 16 | $765.4M | AMZN, MELI, APPF, VEEV, CPNG |
| Q3 2024 | 15 | $733.6M | AMZN, MELI, APPF, CPNG, MSFT |
| Q2 2024 | 13 | $663.0M | AMZN, MELI, MSFT, APPF, CRM |
| Q1 2024 | 12 | $647.2M | AMZN, CRM, MELI, MSFT, APPF |