Nutshell Asset Management Ltd
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Nutshell Asset Management Ltd reported 45 stock positions worth $299.8 million. Its top holding was Nvidia (NVDA) at 7.7% of the portfolio, followed by Adobe (ADBE, 7.3%) and Taiwan Semiconductor-SP ADR (TSM, 6.6%). Compared with Q1 2026, it opened 15 new positions, sold out of 4, added to 19 and reduced 10. The biggest buy was a new position in Zoetis (ZTS) and the biggest sale Mastercard Class A (MA, shares −40%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0002021442
- Portfolio Value
- $299.8M (Q2 2026)
- SEC Filing
- 0002021442-26-000005 ↗ filed Aug 12, 2026
Holdings Value
Holdings 45 stocks · $299.8M
| NVDA Nvidia Corp. | 7.65% | 114,692 | $22.9M | Add +4.9% |
| ADBE Adobe Inc. | 7.28% | 106,413 | $21.8M | Add +101.7% |
| TSM Taiwan Semiconductor-SP ADR | 6.60% | 41,440 | $19.8M | Add +60.7% |
| ZTS Zoetis Inc. | 6.03% | 251,591 | $18.1M | New |
| MSFT Microsoft Corp. | 4.46% | 35,880 | $13.4M | Reduce -7.7% |
| FTNT Fortinet Inc. | 4.44% | 86,641 | $13.3M | Reduce -39.7% |
| IDXX Idexx Laboratories Inc. | 4.41% | 25,130 | $13.2M | Add +325.9% |
| APP AppLovin Corp. Class A | 4.39% | 25,530 | $13.2M | New |
| INTU Intuit Inc. | 4.00% | 45,914 | $12.0M | Add +399.6% |
| ROL Rollins Inc. | 3.51% | 251,875 | $10.5M | Add +580.7% |
| APH Amphenol Corp. Class A | 3.44% | 58,491 | $10.3M | Reduce -52.1% |
| MA Mastercard Inc. Class A | 3.25% | 18,954 | $9.7M | Reduce -39.9% |
| MSCI MSCI Inc. | 3.18% | 17,011 | $9.5M | Add +114.5% |
| FLOT iShares Floating Rate Bond E | 2.52% | 148,126 | $7.6M | Add +270.1% |
| CBOE Cboe Global Markets Inc. | 2.43% | 30,047 | $7.3M | New |
| AVGO Broadcom Inc. | 2.13% | 16,898 | $6.4M | Add +12.7% |
| TW Tradeweb Markets Inc. Class A | 1.65% | 49,491 | $4.9M | Reduce -28.9% |
| NFLX Netflix Inc. | 1.46% | 61,380 | $4.4M | New |
| QQQ Invesco QQQ Trust Series 1 | 1.36% | 5,542 | $4.1M | Add +216.7% |
| BRO Brown & Brown Inc. | 1.26% | 58,739 | $3.8M | New |
| ORLY O'reilly Automotive Inc. | 1.26% | 40,866 | $3.8M | Add +243.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.25% | 7,500 | $3.8M | Add +257.1% |
| AZO AutoZone Inc. | 1.23% | 1,154 | $3.7M | Add +273.5% |
| MCO Moody's Corp. | 1.20% | 7,930 | $3.6M | Add +201.5% |
| VRSK Verisk Analytics Inc. | 1.20% | 20,000 | $3.6M | Add +270.4% |
| AAPL Apple Inc. | 1.19% | 12,376 | $3.6M | Add +164.7% |
| ACN Accenture PLC Class A | 1.19% | 28,753 | $3.6M | New |
| DECK Deckers Outdoor Corp. | 1.19% | 36,000 | $3.6M | New |
| DPZ Domino's Pizza Inc. | 1.03% | 10,423 | $3.1M | Add +30.3% |
| FICO Fair Isaac Corp. | 1.02% | 2,562 | $3.1M | Reduce -50.3% |
| VRSN Verisign Inc. | 0.99% | 11,800 | $3.0M | Add +187.8% |
| ANET Arista Networks Inc. | 0.96% | 17,002 | $2.9M | Reduce -79.3% |
| ADP Automatic Data Processing | 0.94% | 12,591 | $2.8M | Reduce -23.3% |
| VFLO Victoryshares Free Cash Flow | 0.92% | 60,174 | $2.8M | Add +175.1% |
| META Meta Platforms Inc. Class A | 0.90% | 4,792 | $2.7M | New |
| MEDP Medpace Holdings Inc. | 0.88% | 5,005 | $2.7M | New |
| SNDK Sandisk Corp. | 0.84% | 1,108 | $2.5M | New |
| GOOGL Alphabet Inc. Class A | 0.83% | 6,949 | $2.5M | Reduce -38.8% |
| BKNG Booking Holdings Inc. | 0.82% | 13,775 | $2.5M | Reduce -41.3% |
| MU Micron Technology Inc. | 0.82% | 2,118 | $2.4M | New |
| LITE Lumentum Holdings Inc. | 0.82% | 2,849 | $2.4M | New |
| WDC Western Digital Corp. | 0.82% | 3,827 | $2.4M | New |
| INTC Intel Corp. | 0.81% | 17,460 | $2.4M | New |
| EXLS Exlservice Holdings Inc. | 0.78% | 90,847 | $2.3M | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.68% | 22,106 | $2.0M | No change |
Portfolio Sells Q1 2026 → Q2 2026
| MA Mastercard Inc. Class A | Reduce -39.9% | 3.25% | −5.39 |
| APH Amphenol Corp. Class A | Reduce -52.1% | 3.44% | −5.02 |
| ANET Arista Networks Inc. | Reduce -79.3% | 0.96% | −4.57 |
| RMD Resmed Inc. | Sold out | 0.00% | −4.48 |
| MSFT Microsoft Corp. | Reduce -7.7% | 4.46% | −3.42 |
| TW Tradeweb Markets Inc. Class A | Reduce -28.9% | 1.65% | −2.84 |
| FTNT Fortinet Inc. | Reduce -39.7% | 4.44% | −2.00 |
| FICO Fair Isaac Corp. | Reduce -50.3% | 1.02% | −1.99 |
| QLYS Qualys Inc. | Sold out | 0.00% | −1.96 |
| V Visa Inc. Class A | Sold out | 0.00% | −1.62 |
| BKNG Booking Holdings Inc. | Reduce -41.3% | 0.82% | −1.35 |
| GOOGL Alphabet Inc. Class A | Reduce -38.8% | 0.83% | −0.96 |
| ADP Automatic Data Processing | Reduce -23.3% | 0.94% | −0.89 |
| CHKP Check Point Software Tech | Sold out | 0.00% | −0.56 |
Portfolio Buys Q1 2026 → Q2 2026
| ZTS Zoetis Inc. | New | 6.03% | +6.03 |
| APP AppLovin Corp. Class A | New | 4.39% | +4.39 |
| IDXX Idexx Laboratories Inc. | Add +325.9% | 4.41% | +2.60 |
| CBOE Cboe Global Markets Inc. | New | 2.43% | +2.43 |
| ROL Rollins Inc. | Add +580.7% | 3.51% | +2.42 |
| TSM Taiwan Semiconductor-SP ADR | Add +60.7% | 6.60% | +1.83 |
| INTU Intuit Inc. | Add +399.6% | 4.00% | +1.82 |
| NFLX Netflix Inc. | New | 1.46% | +1.46 |
| FLOT iShares Floating Rate Bond E | Add +270.1% | 2.52% | +1.40 |
| BRO Brown & Brown Inc. | New | 1.26% | +1.26 |
| ACN Accenture PLC Class A | New | 1.19% | +1.19 |
| DECK Deckers Outdoor Corp. | New | 1.19% | +1.19 |
| META Meta Platforms Inc. Class A | New | 0.90% | +0.90 |
| MEDP Medpace Holdings Inc. | New | 0.88% | +0.88 |
| SNDK Sandisk Corp. | New | 0.84% | +0.84 |
| MSCI MSCI Inc. | Add +114.5% | 3.18% | +0.84 |
| MU Micron Technology Inc. | New | 0.82% | +0.82 |
| LITE Lumentum Holdings Inc. | New | 0.82% | +0.82 |
| WDC Western Digital Corp. | New | 0.82% | +0.82 |
| INTC Intel Corp. | New | 0.81% | +0.81 |
| QQQ Invesco QQQ Trust Series 1 | Add +216.7% | 1.36% | +0.81 |
| EXLS Exlservice Holdings Inc. | New | 0.78% | +0.78 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +257.1% | 1.25% | +0.70 |
| AZO AutoZone Inc. | Add +273.5% | 1.23% | +0.66 |
| ORLY O'reilly Automotive Inc. | Add +243.1% | 1.26% | +0.65 |
| VRSK Verisk Analytics Inc. | Add +270.4% | 1.20% | +0.64 |
| MCO Moody's Corp. | Add +201.5% | 1.20% | +0.57 |
| AAPL Apple Inc. | Add +164.7% | 1.19% | +0.54 |
| VFLO Victoryshares Free Cash Flow | Add +175.1% | 0.92% | +0.45 |
| VRSN Verisign Inc. | Add +187.8% | 0.99% | +0.43 |
| ADBE Adobe Inc. | Add +101.7% | 7.28% | +0.25 |
| AVGO Broadcom Inc. | Add +12.7% | 2.13% | −0.41 |
| DPZ Domino's Pizza Inc. | Add +30.3% | 1.03% | −0.54 |
| NVDA Nvidia Corp. | Add +4.9% | 7.65% | −2.79 |
Options Activity Q1 2026 → Q2 2026
| INTU Intuit Inc. | call | Sold out | 3,500 | $1.5Mbefore 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 | 45 | $299.8M | NVDA, ADBE, TSM, ZTS, MSFT |
| Q1 2026 | 34 | $182.5M | NVDA, MA, APH, MSFT, ADBE |
| Q4 2025 | 34 | $280.5M | BIL, FTNT, NVDA, MA, V |
| Q3 2025 | 26 | $209.6M | BIL, FTNT, MA, NVDA, ADBE |
| Q2 2025 | 24 | $168.0M | BIL, FTNT, ADBE, MEDP, GOOGL |
| Q1 2025 | 25 | $191.8M | ADBE, MSFT, FTNT, GOOGL, AVGO |
| Q4 2024 | 30 | $158.3M | MSFT, ADBE, GOOGL, FTNT, MSCI |