In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Nishkama Capital, LLC reported 39 stock positions worth $702.9 million . Its top holding was Equinix (EQIX) at 18.4% of the portfolio, followed by Amazon.com (AMZN, 5.2% ) and Williams Cos (WMB, 5.2% ). Compared with Q4 2025, it opened 22 new positions, sold out of 32, added to 8 and reduced 9. The biggest buy was a new position in Equinix (EQIX) and the biggest sale an exit from Nvidia (NVDA).
Location DORADO, PR
CIK 0001633799
Portfolio Value $702.9M (Q1 2026) Holdings 39 stocks · $702.9M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 EQIX Equinix Inc. 131,949 $129.3M New AMZN Amazon.com Inc. 176,122 $36.7M Reduce -45.1% WMB Williams Cos Inc. 499,052 $36.3M Add +60.3% ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 23,560 $31.1M New STM Stmicroelectronics NV-NY SHS 838,700 $29.0M New AMAT Applied Materials Inc. 83,939 $28.7M New RKT Rocket Cos Inc. Class A 1,786,841 $25.5M Add +183.9% TXN Texas Instruments Inc. 128,805 $25.0M Add +128.4% EQT Eqt Corp. 372,608 $23.7M Add +64.1% GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 498,127 $20.1M Reduce -10.6% STX Seagate Technology Holdings 50,266 $19.7M Add +226.4% AMD Advanced Micro Devices 93,613 $19.0M New TSM Taiwan Semiconductor-SP ADR 55,842 $18.9M Reduce -39.1% FIGR Figure Technology Solut Class A 542,921 $18.4M Reduce -28.1% W Wayfair Inc. Class A 243,400 $18.3M New COHR Coherent Corp. 66,276 $15.8M Reduce -2.5% FWONK Liberty Media Corp. Class C 180,243 $15.3M New ENTG Entegris Inc. 112,582 $13.2M Reduce -64.9% SHLS Shoals Technologies Group -A 1,994,159 $13.1M Add +83.5% ZM Zoom Communications Inc. 158,000 $12.7M New BE Bloom Energy Corp. Class A 92,621 $12.5M Reduce -61.8% TSEM Tower Semiconductor Ltd. 69,225 $12.1M New UBER Uber Technologies Inc. 166,940 $12.0M New NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 832,856 $12.0M Reduce -25.1% IMAX Imax Corp. 296,795 $11.3M Add +84.2% GRAB Grab Holdings Ltd. Class A 2,882,626 $10.6M Add +61.7% FCX Freeport-McMoran Inc. 166,600 $9.8M New CORZ Core Scientific Inc. 645,833 $9.7M New BIDU Baidu Inc. - Spon ADR 83,831 $9.3M New AKAM Akamai Technologies Inc. 78,905 $9.1M New CPNG Coupang Inc. 479,018 $9.0M New ARM Arm Holdings PLC-ADR 42,000 $6.4M New VRSN Verisign Inc. 23,851 $5.9M New VNET Vnet Group Inc.-ADR 670,112 $5.6M New WRBY Warby Parker Inc. Class A 261,442 $5.5M Reduce -45.7% PICS Pics NV 463,645 $4.8M New AZ A2Z CUST2MATE Solutions Corp. 474,479 $3.2M New ARRY Array Technologies Inc. 302,606 $2.2M New VECO Veeco Instruments Inc. 60,400 $2.0M New
Options reported separately and not counted above: SPY puts ($258.2M), QQQ puts ($135.6M), SMH puts ($131.7M), EQIX calls ($123.5M), IWM puts ($93.0M), WMT puts ($27.8M), TGT puts ($21.8M), C puts ($21.5M), FDX puts ($16.0M), CAT puts ($15.9M), WFC puts ($15.1M), GOOGL puts ($13.3M), and 1 more.
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ NVDA Nvidia Corp. Sold out 0.00% −6.22 AMZN Amazon.com Inc. Reduce -45.1% 5.22% −4.80 EPAM Epam Systems Inc. Sold out 0.00% −3.84 FISV Fiserv Inc. Sold out 0.00% −3.75 APP AppLovin Corp. Class A Sold out 0.00% −3.29 BABA Alibaba Group Holding-SP ADR Sold out 0.00% −3.05 FSLR First Solar Inc. Sold out 0.00% −2.94 UPST Upstart Holdings Inc. Sold out 0.00% −2.88 Z Zillow Group Inc. Class C Sold out 0.00% −2.46 CVNA Carvana Co. Sold out 0.00% −2.27 NFLX Netflix Inc. Sold out 0.00% −2.07 SE Sea Ltd.-ADR Sold out 0.00% −1.79 ENTG Entegris Inc. Reduce -64.9% 1.88% −1.77 XYZ Block Inc. Sold out 0.00% −1.65 RDDT Reddit Inc. Class A Sold out 0.00% −1.64 SHOP Shopify Inc. Class A Sold out 0.00% −1.63 U Unity Software Inc. Sold out 0.00% −1.62 WULF Terawulf Inc. Sold out 0.00% −1.58 FIGR Figure Technology Solut Class A Reduce -28.1% 2.62% −1.55 HUT Hut 8 Corp. Sold out 0.00% −1.28 MU Micron Technology Inc. Sold out 0.00% −1.26 LBRT Liberty Energy Inc. Sold out 0.00% −1.24 TWLO Twilio Inc. Class A Sold out 0.00% −1.23 TIC Tic Solutions Inc. Sold out 0.00% −1.14 TSM Taiwan Semiconductor-SP ADR Reduce -39.1% 2.68% −1.08 BE Bloom Energy Corp. Class A Reduce -61.8% 1.79% −1.06 UWMC Uwm Holdings Corp. Sold out 0.00% −1.01 CRM Salesforce Inc. Sold out 0.00% −0.96 CLS Celestica Inc. Sold out 0.00% −0.85 FND Floor & Decor Holdings Inc. Class A Sold out 0.00% −0.83 NU Nu Holdings Ltd./Cayman Isl-A Reduce -25.1% 1.70% −0.81 NXT Nextpower Inc. Sold out 0.00% −0.81 ENVX Enovix Corp. Sold out 0.00% −0.81 GLOB Globant SA Sold out 0.00% −0.79 WRBY Warby Parker Inc. Class A Reduce -45.7% 0.78% −0.63 CCOI Cogent Communications Holdin Sold out 0.00% −0.52 ICHR Ichor Holdings Ltd. Sold out 0.00% −0.41 DTM DT Midstream Inc. Sold out 0.00% −0.41 FOUR SHIFT4 Payments Inc. Class A Sold out 0.00% −0.11 GDS GDS Holdings Ltd. - ADR Reduce -10.6% 2.86% +0.23 COHR Coherent Corp. Reduce -2.5% 2.25% +0.55
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ EQIX Equinix Inc. New 18.40% +18.40 ASML ASML Holding NV-NY Reg SHS New 4.43% +4.43 STM Stmicroelectronics NV-NY SHS New 4.12% +4.12 AMAT Applied Materials Inc. New 4.08% +4.08 AMD Advanced Micro Devices New 2.71% +2.71 WMB Williams Cos Inc. Add +60.3% 5.17% +2.64 W Wayfair Inc. Class A New 2.60% +2.60 TXN Texas Instruments Inc. Add +128.4% 3.56% +2.23 STX Seagate Technology Holdings Add +226.4% 2.80% +2.23 FWONK Liberty Media Corp. Class C New 2.18% +2.18 RKT Rocket Cos Inc. Class A Add +183.9% 3.62% +1.98 ZM Zoom Communications Inc. New 1.81% +1.81 EQT Eqt Corp. Add +64.1% 3.37% +1.73 TSEM Tower Semiconductor Ltd. New 1.73% +1.73 UBER Uber Technologies Inc. New 1.71% +1.71 FCX Freeport-McMoran Inc. New 1.39% +1.39 CORZ Core Scientific Inc. New 1.37% +1.37 BIDU Baidu Inc. - Spon ADR New 1.33% +1.33 AKAM Akamai Technologies Inc. New 1.29% +1.29 CPNG Coupang Inc. New 1.29% +1.29 ARM Arm Holdings PLC-ADR New 0.90% +0.90 VRSN Verisign Inc. New 0.84% +0.84 IMAX Imax Corp. Add +84.2% 1.60% +0.80 VNET Vnet Group Inc.-ADR New 0.80% +0.80 PICS Pics NV New 0.69% +0.69 SHLS Shoals Technologies Group -A Add +83.5% 1.87% +0.62 AZ A2Z CUST2MATE Solutions Corp. New 0.45% +0.45 ARRY Array Technologies Inc. New 0.31% +0.31 GRAB Grab Holdings Ltd. Class A Add +61.7% 1.50% +0.30 VECO Veeco Instruments Inc. New 0.29% +0.29
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Reduce -61.1% 397,000 $258.2M QQQ Invesco QQQ Trust Series 1 put Reduce -48.6% 235,000 $135.6M SMH Vaneck Semiconductor ETF put New 343,500 $131.7M EQIX Equinix Inc. call New 126,000 $123.5M NVDA Nvidia Corp. call Sold out 576,000 $107.4Mbefore exit GLD SPDR Gold Shares put Sold out 245,000 $97.1Mbefore exit IWM iShares Russell 2000 ETF put Reduce -71.9% 375,000 $93.0M MSFT Microsoft Corp. call Sold out 117,700 $56.9Mbefore exit AMZN Amazon.com Inc. call Sold out 221,000 $51.0Mbefore exit TLT iShares 20+ Year Treasury BD put Sold out 490,000 $42.7Mbefore exit BABA Alibaba Group Holding-SP ADR call Sold out 275,000 $40.3Mbefore exit WMT Walmart Inc. put New 224,000 $27.8M APP AppLovin Corp. Class A put Sold out 36,000 $24.3Mbefore exit SLV iShares Silver Trust put Sold out 360,000 $23.2Mbefore exit TGT Target Corp. put New 180,000 $21.8M C Citigroup Inc. put New 190,000 $21.5M FDX FedEx Corp. put New 45,000 $16.0M CAT Caterpillar Inc. put New 22,500 $15.9M WFC Wells Fargo & Co. put New 190,000 $15.1M GOOGL Alphabet Inc. Class A put New 46,100 $13.3M COIN Coinbase Global Inc. Class A put New 47,500 $8.3M CLS Celestica Inc. put Sold out 21,300 $6.3Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 34 $886.2M EQIX, AMD, STX, VRSN, INTC Q1 2026 39 $702.9M EQIX, AMZN, WMB, ASML, STM Q4 2025 49 $739.8M AMZN, NVDA, FIGR, EPAM, TSM Q3 2025 69 $1.1B BE, AAPL, HPE, APP, AMZN Q2 2025 41 $610.5M RDDT, VST, MSFT, NVDA, CELH Q1 2025 30 $238.5M TLN, WDC, ETR, APP, CVNA Q4 2024 49 $612.0M CRM, AMZN, CHWY, BEKE, SBUX Q3 2024 75 $648.5M AAPL, MCD, SPOT, CEG, W Q2 2024 53 $669.1M AAPL, STX, WDC, SPOT, AMZN Q1 2024 84 $878.2M PINS, AMZN, HUBS, TGT, AAPL