Once Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Once Capital Management, LLC reported 16 stock positions worth $323.3 million. Its top holding was Nvidia (NVDA) at 27.3% of the portfolio, followed by Ast Spacemobile (ASTS, 10.0%) and Spotify Technology (SPOT, 9.5%). Compared with Q1 2025, it sold out of 1 and added to 10. The biggest buy was Ast Spacemobile (ASTS, shares +6%) and the biggest sale an exit from Proshares Ultra QQQ (QLD).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001712892
- Portfolio Value
- $323.3M (Q2 2025)
- SEC Filing
- 0001415889-25-021048 ↗ filed Aug 5, 2025
Holdings Value
Holdings 16 stocks · $323.3M
| NVDA Nvidia Corp. | 27.32% | 559,000 | $88.3M | Add +1.3% |
| ASTS Ast Spacemobile Inc. | 9.98% | 690,500 | $32.3M | Add +6.2% |
| SPOT Spotify Technology SA | 9.52% | 40,100 | $30.8M | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 8.04% | 51,000 | $26.0M | No change |
| RKLB Rocket Lab Corp. | 5.99% | 541,000 | $19.4M | Add +11.3% |
| AMD Advanced Micro Devices | 5.50% | 125,300 | $17.8M | Add +3.3% |
| SNOW Snowflake Inc. | 5.32% | 76,900 | $17.2M | No change |
| AAPL Apple Inc. | 5.13% | 80,900 | $16.6M | Add +0.1% |
| MSFT Microsoft Corp. | 5.11% | 33,200 | $16.5M | Add +3.4% |
| AMZN Amazon.com Inc. | 4.81% | 70,800 | $15.5M | Add +11.2% |
| MRVL Marvell Technology Inc. | 4.00% | 167,000 | $12.9M | No change |
| GBTC Grayscale Bitcoin Trust ETF | 2.83% | 107,700 | $9.1M | No change |
| SMR Nuscale Power Corp. | 2.42% | 198,100 | $7.8M | Add +44.9% |
| NOW ServiceNow Inc. | 2.24% | 7,050 | $7.2M | Add +39.6% |
| TSLA Tesla Inc. | 1.47% | 15,000 | $4.8M | Add +100.0% |
| BTC Grayscale Bitcoin Mini ETF | 0.32% | 21,540 | $1.0M | No change |
Options reported separately and not counted above: APPLE INC calls ($41.0M).
Portfolio Sells Q1 2025 → Q2 2025
| QLD Proshares Ultra QQQ | Sold out | 0.00% | −1.75 |
Portfolio Buys Q1 2025 → Q2 2025
| ASTS Ast Spacemobile Inc. | Add +6.2% | 9.98% | +3.23 |
| RKLB Rocket Lab Corp. | Add +11.3% | 5.99% | +2.02 |
| SMR Nuscale Power Corp. | Add +44.9% | 2.42% | +1.54 |
| TSLA Tesla Inc. | Add +100.0% | 1.47% | +0.59 |
| NOW ServiceNow Inc. | Add +39.6% | 2.24% | +0.41 |
| NVDA Nvidia Corp. | Add +1.3% | 27.32% | +0.00 |
| AMD Advanced Micro Devices | Add +3.3% | 5.50% | −0.19 |
| MSFT Microsoft Corp. | Add +3.4% | 5.11% | −0.39 |
| AMZN Amazon.com Inc. | Add +11.2% | 4.81% | −0.73 |
| AAPL Apple Inc. | Add +0.1% | 5.13% | −3.07 |
Options Activity Q1 2025 → Q2 2025
| APPLE INC | call | New | 200,000 | $41.0M |
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 | 22 | $510.0M | NVDA, AMD, ASTS, RKLB, CRWD |
| Q1 2026 | 22 | $373.6M | NVDA, ASTS, RKLB, AMD, AAPL |
| Q4 2025 | 19 | $396.6M | NVDA, ASTS, RKLB, AMD, CRWD |
| Q3 2025 | 26 | $368.5M | NVDA, ASTS, SPOT, RKLB, CRWD |
| Q2 2025 | 16 | $323.3M | NVDA, ASTS, SPOT, CRWD, RKLB |
| Q1 2025 | 17 | $219.0M | NVDA, SPOT, CRWD, AAPL, ASTS |
| Q4 2024 | 17 | $220.3M | NVDA, SPOT, CRWD, MRVL, AAPL |
| Q3 2024 | 18 | $220.4M | NVDA, AAPL, SPOT, AMD, CRWD |
| Q2 2024 | 23 | $201.9M | NVDA, AAPL, AMD, SPOT, MSFT |
| Q1 2024 | 23 | $171.0M | NVDA, AMD, AAPL, MSFT, SPOT |