Nepsis Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 18, 2024), Nepsis Inc. reported 29 stock positions worth $422.0 million. Its top holding was Renaissancere (RNR) at 6.3% of the portfolio, followed by Advanced Micro Devices (AMD, 6.2%) and Shopify Class A (SHOP, 6.1%). Compared with Q2 2024, it opened 2 new positions, sold out of 1, added to 23 and reduced 4. The biggest buy was a new position in United Therapeutics (UTHR) and the biggest sale Alphabet Class C (GOOG, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- Minneapolis, MN
- CIK
- 0001587643
- Portfolio Value
- $422.0M (Q3 2024)
- SEC Filing
- 0001085146-24-004993 ↗ filed Oct 18, 2024
Holdings Value
Holdings 29 stocks · $422.0M
| RNR Renaissancere Holdings Ltd. | 6.27% | 97,068 | $26.4M | Add +6.6% |
| AMD Advanced Micro Devices | 6.21% | 159,673 | $26.2M | Add +3.4% |
| SHOP Shopify Inc. Class A | 6.14% | 323,259 | $25.9M | Add +4.7% |
| CB Chubb Ltd. | 5.07% | 74,125 | $21.4M | Add +4.7% |
| AIG American International Group | 4.66% | 268,334 | $19.7M | Add +2.4% |
| RLI Rli Corp. | 4.56% | 124,156 | $19.2M | Add +19.1% |
| AMGN Amgen Inc. | 4.56% | 59,715 | $19.2M | Add +6.7% |
| DVN Devon Energy Corp. | 4.51% | 486,781 | $19.0M | Add +10.5% |
| MA Mastercard Inc. Class A | 4.50% | 38,483 | $19.0M | Add +5.0% |
| UTHR United Therapeutics Corp. | 4.40% | 51,808 | $18.6M | New |
| CAVA Cava Group Inc. | 4.33% | 147,507 | $18.3M | Add +4.5% |
| V Visa Inc. Class A | 4.20% | 64,392 | $17.7M | Add +6.8% |
| HCAT Health Catalyst Inc. | 4.06% | 2,104,528 | $17.1M | Add +68.0% |
| CI The Cigna Group | 4.06% | 49,435 | $17.1M | Add +7.4% |
| QCOM Qualcomm Inc. | 3.97% | 98,427 | $16.7M | Reduce -17.8% |
| CYBR Cyberark Software Ltd./Israel | 3.96% | 57,239 | $16.7M | Add +2.9% |
| AMAT Applied Materials Inc. | 3.92% | 81,908 | $16.5M | Add +20.0% |
| FANG Diamondback Energy Inc. | 3.43% | 84,065 | $14.5M | Add +1.3% |
| WBD Warner Bros Discovery Inc. | 3.33% | 1,702,350 | $14.0M | Add +18.8% |
| ORCL Oracle Corp. | 3.13% | 77,394 | $13.2M | Add +3087.6% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 2.72% | 96,582 | $11.5M | Add +37.5% |
| VKTX Viking Therapeutics Inc. | 2.67% | 177,714 | $11.3M | New |
| NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC | 1.35% | 67,808 | $5.7M | Add +19.0% |
| SO The Southern Co. | 1.05% | 49,180 | $4.4M | Add +19.2% |
| GIS General Mills Inc. | 1.05% | 60,042 | $4.4M | Reduce -1.5% |
| BMY Bristol-Myers Squibb Co. | 0.87% | 70,768 | $3.7M | Add +1143.7% |
| JPST JPMorgan Ultra-Short Income | 0.47% | 39,044 | $2.0M | Add +3.9% |
| DUK Duke Energy Corp. | 0.44% | 16,129 | $1.9M | Reduce -1.0% |
| GOOG Alphabet Inc. Class C | 0.13% | 3,316 | $554K | Reduce -97.3% |
Portfolio Sells Q2 2024 → Q3 2024
Portfolio Buys Q2 2024 → Q3 2024
| UTHR United Therapeutics Corp. | New | 4.40% | +4.40 |
| ORCL Oracle Corp. | Add +3087.6% | 3.13% | +3.03 |
| VKTX Viking Therapeutics Inc. | New | 2.67% | +2.67 |
| HCAT Health Catalyst Inc. | Add +68.0% | 4.06% | +1.90 |
| IRM Iron Mountain Inc. | Add +37.5% | 2.72% | +1.02 |
| BMY Bristol-Myers Squibb Co. | Add +1143.7% | 0.87% | +0.80 |
| CAVA Cava Group Inc. | Add +4.5% | 4.33% | +0.80 |
| RNR Renaissancere Holdings Ltd. | Add +6.6% | 6.27% | +0.78 |
| SHOP Shopify Inc. Class A | Add +4.7% | 6.14% | +0.64 |
| RLI Rli Corp. | Add +19.1% | 4.56% | +0.61 |
| WBD Warner Bros Discovery Inc. | Add +18.8% | 3.33% | +0.45 |
| NHI Natl Health Investors Inc. | Add +19.0% | 1.35% | +0.31 |
| CB Chubb Ltd. | Add +4.7% | 5.07% | +0.20 |
| SO The Southern Co. | Add +19.2% | 1.05% | +0.19 |
| MA Mastercard Inc. Class A | Add +5.0% | 4.50% | +0.14 |
| JPST JPMorgan Ultra-Short Income | Add +3.9% | 0.47% | −0.04 |
| CI The Cigna Group | Add +7.4% | 4.06% | −0.04 |
| V Visa Inc. Class A | Add +6.8% | 4.20% | −0.07 |
| CYBR Cyberark Software Ltd./Israel | Add +2.9% | 3.96% | −0.15 |
| AMGN Amgen Inc. | Add +6.7% | 4.56% | −0.16 |
| AMAT Applied Materials Inc. | Add +20.0% | 3.92% | −0.42 |
| AMD Advanced Micro Devices | Add +3.4% | 6.21% | −0.54 |
| AIG American International Group | Add +2.4% | 4.66% | −0.59 |
| FANG Diamondback Energy Inc. | Add +1.3% | 3.43% | −1.04 |
| DVN Devon Energy Corp. | Add +10.5% | 4.51% | −1.12 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $294.8M | AMD, AMGN, RLI, SNOW, RNR |
| Q1 2026 | 29 | $298.6M | UTHR, DVN, CB, RNR, AMGN |
| Q4 2025 | 30 | $323.6M | UTHR, RLI, DVN, CB, AMD |
| Q3 2025 | 30 | $315.3M | UTHR, AMD, SHOP, DVN, SMCI |
| Q2 2025 | 29 | $359.2M | UBER, SMCI, AMD, V, CB |
| Q1 2025 | 29 | $405.0M | DVN, V, CB, RLI, AMGN |
| Q4 2024 | 27 | $400.6M | RLI, QCOM, V, RNR, JPST |
| Q3 2024 | 29 | $422.0M | RNR, AMD, SHOP, CB, AIG |
| Q2 2024 | 28 | $370.9M | AMD, QCOM, GOOG, DVN, SHOP |
| Q1 2024 | 28 | $369.6M | AMD, SHOP, RNR, DVN, QCOM |