Penserra Capital Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Penserra Capital Management LLC reported 1,092 stock positions worth $5.5 billion. Its top holding was Broadcom (AVGO) at 5.1% of the portfolio, followed by Cisco Systems (CSCO, 2.6%) and Palo Alto Networks (PANW, 2.0%). Compared with Q3 2024, it opened 90 new positions, sold out of 134, added to 694 and reduced 245. The biggest buy was Broadcom (AVGO, shares +10%) and the biggest sale Invesco S&P 500 Equal Weight (RSP, shares −22%).
- Most Recent 13F
- Q2 2026
- Location
- ORINDA, CA
- CIK
- 0001593324
- Portfolio Value
- $5.5B (Q4 2024)
- SEC Filing
- 0001593324-25-000004 ↗ filed Feb 13, 2025
Holdings Value
Holdings 1,092 stocks · $5.5B
| AVGO Broadcom Inc. | 5.11% | 1,204,342 | $279.2M | Add +10.1% |
| CSCO Cisco Systems Inc. | 2.59% | 2,384,891 | $141.2M | Reduce -3.8% |
| PANW Palo Alto Networks Inc. | 2.03% | 607,694 | $110.6M | Add +2.1% |
| NOC Northrop Grumman Corp. | 1.96% | 228,528 | $107.2M | Add +39.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.89% | 301,454 | $103.1M | Add +5.0% |
| FTNT Fortinet Inc. | 1.82% | 1,051,657 | $99.4M | Add +0.7% |
| GD General Dynamics Corp. | 1.72% | 357,296 | $94.1M | Add +34.5% |
| NET Cloudflare Inc. Class A | 1.51% | 763,133 | $82.2M | Reduce -10.7% |
| BAH Booz Allen Hamilton Holdings | 1.30% | 552,825 | $71.1M | Add +21.2% |
| CHKP Check Point Software Tech | 1.27% | 372,400 | $69.5M | Add +5.8% |
| CYBR Cyberark Software Ltd./Israel | 1.23% | 201,421 | $67.1M | Reduce -6.3% |
| RSP Invesco S&P 500 Equal Weight | 1.21% | 377,709 | $66.2M | Reduce -22.3% |
| LDOS Leidos Holdings Inc. | 1.19% | 449,111 | $64.7M | Add +1.6% |
| FFIV F5 Inc. | 1.18% | 255,313 | $64.2M | Reduce -11.5% |
| ZS Zscaler Inc. | 1.17% | 354,710 | $64.0M | Add +2.3% |
| OKTA Okta Inc. | 1.14% | 791,005 | $62.3M | Add +3.0% |
| GEN Gen Digital Inc. | 1.12% | 2,235,351 | $61.2M | Reduce -5.8% |
| RBRK Rubrik Inc. Class A | 1.06% | 886,853 | $58.0M | Reduce -19.4% |
| VGSH Vanguard Short-Term Treasury | 1.04% | 975,432 | $56.8M | Add +0.3% |
| PNOV Innovator U.S. Equity Power | 0.87% | 1,250,031 | $47.3M | Add +19.3% |
| PJAN Innovator U.S. Equity Power | 0.86% | 1,116,205 | $47.2M | Add +16.2% |
| PMAR Innovator U.S. Equity Power | 0.86% | 1,173,045 | $47.1M | Add +14.6% |
| PFEB Innovator U.S. Equity Power | 0.86% | 1,279,402 | $47.1M | Add +16.3% |
| PMAY Innovator U.S. Equity Power | 0.86% | 1,308,323 | $47.0M | Add +14.8% |
| PAPR Innovator U.S. Equity Power | 0.86% | 1,279,029 | $46.9M | Add +13.7% |
| PJUN Innovator U.S. Equity Power | 0.86% | 1,249,529 | $46.9M | Add +16.1% |
| PJUL Innovator U.S. Equity Power | 0.86% | 1,137,594 | $46.8M | Add +15.6% |
| PAUG Innovator U.S. Equity Power | 0.86% | 1,214,924 | $46.8M | Add +14.2% |
| PSEP Innovator U.S. Equity Power | 0.86% | 1,195,453 | $46.7M | Add +16.4% |
| POCT Innovator U.S. Equity Power | 0.86% | 1,180,530 | $46.7M | Add +18.4% |
| PDEC Innovator U.S. Equity Power | 0.85% | 1,204,172 | $46.3M | Add +17.5% |
| QLYS Qualys Inc. | 0.84% | 325,572 | $45.7M | Reduce -12.9% |
| TENB Tenable Holdings Inc. | 0.82% | 1,143,214 | $45.0M | Add +0.7% |
| VRNS Varonis Systems Inc. | 0.82% | 1,012,889 | $45.0M | Add +11.8% |
| S Sentinelone Inc. Class A | 0.80% | 1,967,152 | $43.7M | Reduce -13.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.73% | 96,996 | $39.8M | Reduce -4.3% |
| RPD RAPID7 Inc. | 0.71% | 960,129 | $38.6M | Reduce -7.6% |
| FSLY Fastly Inc. Class A | 0.68% | 3,921,059 | $37.0M | Reduce -22.7% |
| ATEN A10 Networks Inc. | 0.66% | 1,955,081 | $36.0M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.60% | 55,610 | $32.6M | Add +410.0% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.59% | 93,833 | $32.2M | New |
| BSV Vanguard Short-Term Bond ETF | 0.59% | 415,245 | $32.1M | Add +2.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.53% | 172,384 | $29.2M | Reduce -22.1% |
| NVDA Nvidia Corp. | 0.50% | 203,162 | $27.3M | Add +96.9% |
| V Visa Inc. Class A | 0.47% | 80,440 | $25.4M | Add +6.5% |
| PYPL PayPal Holdings Inc. | 0.45% | 287,896 | $24.6M | Reduce -5.8% |
| MA Mastercard Inc. Class A | 0.45% | 46,438 | $24.5M | Add +8.2% |
| PDD PDD Holdings Inc. | 0.45% | 251,166 | $24.4M | Add +59.0% |
| RGTI Rigetti Computing Inc. | 0.44% | 1,571,216 | $24.0M | Reduce -65.5% |
| QBTS D-Wave Quantum Inc. | 0.43% | 2,814,458 | $23.6M | Reduce -37.3% |
| VCIT Vanguard Int-Term Corporate | 0.43% | 293,207 | $23.5M | Add +0.2% |
| AFRM Affirm Holdings Inc. | 0.40% | 359,770 | $21.9M | Reduce -11.5% |
| AXP American Express Co. | 0.39% | 71,396 | $21.2M | Add +1.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.38% | 86,851 | $20.9M | Reduce -16.0% |
| GOOGL Alphabet Inc. Class A | 0.37% | 107,702 | $20.4M | Add +177.9% |
| MSFT Microsoft Corp. | 0.37% | 47,339 | $20.0M | Add +335.6% |
| FISV Fiserv Inc. | 0.36% | 95,763 | $19.7M | Reduce -8.1% |
| XJQCX Nuveen Credit Strategies Inc. | 0.32% | 3,102,400 | $17.7M | Add +7.2% |
| JFR Nuveen Floating Rate Income | 0.32% | 1,972,108 | $17.6M | Add +7.2% |
| XYZ Block Inc. | 0.32% | 206,132 | $17.5M | Reduce -6.8% |
| AAPL Apple Inc. | 0.32% | 69,292 | $17.3M | Add +134.1% |
| VCLT Vanguard Long-Term Corp. Bond | 0.32% | 231,226 | $17.3M | Add +100.8% |
| MELI MercadoLibre Inc. | 0.31% | 9,989 | $17.0M | Reduce -43.3% |
| SE Sea Ltd.-ADR | 0.31% | 159,254 | $16.9M | Reduce -42.5% |
| MBB iShares MBS ETF | 0.31% | 183,579 | $16.8M | Reduce -4.7% |
| WDI Western Asset Divers Inc. | 0.31% | 1,176,895 | $16.8M | Add +7.2% |
| BSTZ BlackRock Sci & Tech TRM TR | 0.31% | 808,947 | $16.8M | Add +7.2% |
| CBRE GBL REAL ESTATE INC FD | 0.30% | 3,428,958 | $16.5M | Add +7.2% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.30% | 1,590,850 | $16.5M | Reduce -4.1% |
| IONQ Ionq Inc. | 0.30% | 388,722 | $16.2M | Reduce -26.1% |
| BTX BlackRock Tech & Priv Eqty | 0.29% | 2,141,083 | $15.9M | Add +7.2% |
| ECAT BlackRock ESG Cap All TRM TR | 0.29% | 970,318 | $15.9M | Add +7.2% |
| BCAT BlackRock Capital Alloc TR | 0.29% | 1,036,473 | $15.7M | Add +7.2% |
| MEGI Nylim CBRE GB Infra Mtrnd TF filed as NYLI CBRE GBL INFR MEGTRNDS | 0.28% | 1,278,358 | $15.6M | Add +7.2% |
| BNOV Innovator U.S. Equity Buffer | 0.28% | 392,665 | $15.4M | Add +18.6% |
| BJAN Innovator U.S. Equity Buffer | 0.28% | 320,792 | $15.4M | Add +15.2% |
| FOUR SHIFT4 Payments Inc. Class A | 0.28% | 147,862 | $15.3M | Add +24.7% |
| BFEB Innovator U.S. Equity Buffer | 0.28% | 356,080 | $15.3M | Add +15.4% |
| FAX Abrdn Asia-Pacific Income | 0.28% | 1,041,199 | $15.3M | Add +7.2% |
| MCHI iShares MSCI China ETF | 0.28% | 327,030 | $15.3M | Reduce -8.2% |
| BMAR Innovator U.S. Equity Buffer | 0.28% | 331,552 | $15.3M | Add +13.4% |
| BMAY Innovator U.S. Equity Buffer | 0.28% | 378,832 | $15.3M | Add +12.4% |
| BAPR Innovator U.S. Equity Buffer | 0.28% | 344,076 | $15.2M | Add +13.1% |
| BJUN Innovator U.S. Equity Buffer | 0.28% | 366,955 | $15.2M | Add +14.6% |
| BJUL Innovator U.S. Equity Buffer | 0.28% | 341,487 | $15.2M | Add +13.5% |
| BAUG Innovator U.S. Equity Buffer | 0.28% | 349,042 | $15.2M | Add +11.3% |
| BSEP Innovator U.S. Equity Buffer | 0.28% | 354,391 | $15.2M | Add +14.6% |
| BOCT Innovator U.S. Equity Buffer | 0.28% | 351,674 | $15.2M | Add +17.8% |
| BMEZ BlackRock HLTH Sci TRM TR II | 0.27% | 1,041,803 | $15.0M | Add +7.2% |
| BDEC Innovator U.S. Equity Buffer | 0.27% | 347,207 | $15.0M | Add +16.3% |
| MRVL Marvell Technology Inc. | 0.27% | 135,173 | $14.9M | Add +63.3% |
| HQH Abrdn Healthcare Investors | 0.27% | 929,755 | $14.9M | Add +7.2% |
| PLTR Palantir Technologies Inc. Class A | 0.27% | 197,324 | $14.9M | Add +271.6% |
| ORCL Oracle Corp. | 0.27% | 88,657 | $14.8M | Add +432.2% |
| DFS Discover Financial Services | 0.27% | 84,142 | $14.6M | Reduce -12.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 65,628 | $14.4M | Add +91.2% |
| XFRAX BlackRock Fltng RT Inc. Strat | 0.26% | 1,041,457 | $14.3M | Add +4.2% |
| QCOM Qualcomm Inc. | 0.26% | 93,204 | $14.3M | Add +187.8% |
| ACN Accenture PLC Class A | 0.26% | 40,526 | $14.3M | Add +90.4% |
| GPN Global Payments Inc. | 0.26% | 126,797 | $14.2M | Add +7.3% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $6.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 67,106 | $5.8M | Reduce -9.8% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 10,302 | $253K | Reduce -6.0% |
Total filed on the 13F, all lines: $5.5B.
Portfolio Sells Q3 2024 → Q4 2024
| RSP Invesco S&P 500 Equal Weight | Reduce -22.3% | 1.21% | −0.68 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.50 |
| MELI MercadoLibre Inc. | Reduce -43.3% | 0.31% | −0.47 |
| S Sentinelone Inc. Class A | Reduce -13.2% | 0.80% | −0.38 |
| VPL Vanguard Ftse Pacific ETF | Reduce -45.8% | 0.26% | −0.36 |
| VGK Vanguard Ftse Europe ETF | Reduce -44.8% | 0.26% | −0.36 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -22.1% | 0.53% | −0.30 |
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −0.30 |
| GEN Gen Digital Inc. | Reduce -5.8% | 1.12% | −0.29 |
| CSCO Cisco Systems Inc. | Reduce -3.8% | 2.59% | −0.28 |
| TLT iShares 20+ Year Treasury BD | Reduce -86.4% | 0.03% | −0.27 |
| SE Sea Ltd.-ADR | Reduce -42.5% | 0.31% | −0.26 |
| QLYS Qualys Inc. | Reduce -12.9% | 0.84% | −0.21 |
| FFIV F5 Inc. | Reduce -11.5% | 1.18% | −0.20 |
| NCV Virtus Convertible & Income | Sold out | 0.00% | −0.19 |
| RPD RAPID7 Inc. | Reduce -7.6% | 0.71% | −0.19 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -4.1% | 0.30% | −0.19 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.18 |
| FSLY Fastly Inc. Class A | Reduce -22.7% | 0.68% | −0.16 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -16.0% | 0.38% | −0.15 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.15 |
| CYBR Cyberark Software Ltd./Israel | Reduce -6.3% | 1.23% | −0.13 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -4.3% | 0.73% | −0.12 |
| MCHI iShares MSCI China ETF | Reduce -8.2% | 0.28% | −0.11 |
| ORANY Orange-Spon ADR | Sold out | 0.00% | −0.10 |
| IYZ iShares US Telecommunication | Sold out | 0.00% | −0.10 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.10 |
| VNQ Vanguard Real Estate ETF | Sold out | 0.00% | −0.09 |
| MBB iShares MBS ETF | Reduce -4.7% | 0.31% | −0.09 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.09 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.09 |
| CPNG Coupang Inc. | Reduce -2.5% | 0.24% | −0.09 |
| CVNA Carvana Co. | Reduce -51.1% | 0.07% | −0.08 |
| SYNA Synaptics Inc. | Sold out | 0.00% | −0.07 |
| FORM Formfactor Inc. | Sold out | 0.00% | −0.07 |
| PYPL PayPal Holdings Inc. | Reduce -5.8% | 0.45% | −0.07 |
| TOST Toast Inc. Class A | Reduce -26.8% | 0.25% | −0.06 |
| CPAY Corpay Inc. | Reduce -12.7% | 0.25% | −0.06 |
| IOT Samsara Inc. Class A | Reduce -99.9% | 0.00% | −0.06 |
| BIV Vanguard Intermediate-Term B | Reduce -0.2% | 0.24% | −0.06 |
| RBLX Roblox Corp. Class A | Reduce -74.1% | 0.02% | −0.06 |
| P Everpure Inc. Class A | Reduce -97.1% | 0.00% | −0.05 |
| VIVID SEATS INC | Sold out | 0.00% | −0.05 |
| ADMA Adma Biologics Inc. | Sold out | 0.00% | −0.05 |
| ARM Arm Holdings PLC-ADR | Reduce -87.1% | 0.01% | −0.05 |
| PRCT Procept Biorobotics Corp. | Sold out | 0.00% | −0.05 |
| TGTX TG Therapeutics Inc. | Sold out | 0.00% | −0.05 |
| FIX Comfort Systems USA Inc. | Sold out | 0.00% | −0.05 |
| CHWY Chewy Inc. Class A | Reduce -32.1% | 0.09% | −0.05 |
| OSCR Oscar Health Inc. Class A | Sold out | 0.00% | −0.05 |
Portfolio Buys Q3 2024 → Q4 2024
| AVGO Broadcom Inc. | Add +10.1% | 5.11% | +1.02 |
| ATEN A10 Networks Inc. | New | 0.66% | +0.66 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | New | 0.59% | +0.59 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +410.0% | 0.60% | +0.46 |
| MSFT Microsoft Corp. | Add +335.6% | 0.37% | +0.26 |
| LRCX Lam Research Corp. | New | 0.24% | +0.24 |
| SNOW Snowflake Inc. | Add +5545.8% | 0.24% | +0.24 |
| GOOGL Alphabet Inc. Class A | Add +177.9% | 0.37% | +0.23 |
| PLTR Palantir Technologies Inc. Class A | Add +271.6% | 0.27% | +0.23 |
| NVDA Nvidia Corp. | Add +96.9% | 0.50% | +0.23 |
| ORCL Oracle Corp. | Add +432.2% | 0.27% | +0.21 |
| IWP iShares Russell Mid-Cap Grow | New | 0.21% | +0.21 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | New | 0.20% | +0.20 |
| BNDX Vanguard Total Intl Bond ETF | New | 0.19% | +0.19 |
| AAPL Apple Inc. | Add +134.1% | 0.32% | +0.17 |
| MDB Mongodb Inc. | Add +486.9% | 0.20% | +0.15 |
| INTC Intel Corp. | Add +278.3% | 0.24% | +0.15 |
| MRVL Marvell Technology Inc. | Add +63.3% | 0.27% | +0.14 |
| QCOM Qualcomm Inc. | Add +187.8% | 0.26% | +0.14 |
| STM Stmicroelectronics NV-NY SHS | Add +377.6% | 0.20% | +0.14 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +5.0% | 1.89% | +0.14 |
| CDNS Cadence Design SYS Inc. | Add +182.2% | 0.23% | +0.14 |
| TER Teradyne Inc. | Add +238.9% | 0.23% | +0.14 |
| ASML ASML Holding NV-NY Reg SHS | Add +315.0% | 0.21% | +0.14 |
| HON Honeywell International Inc. | Add +140.3% | 0.24% | +0.13 |
| TSM Taiwan Semiconductor-SP ADR | Add +136.3% | 0.23% | +0.13 |
| HPE Hewlett Packard Enterprise | Add +179.1% | 0.22% | +0.13 |
| MU Micron Technology Inc. | Add +205.0% | 0.25% | +0.13 |
| ONTO Onto Innovation Inc. | Add +201.6% | 0.25% | +0.13 |
| NXPI NXP Semiconductors NV | Add +261.0% | 0.20% | +0.13 |
| ADI Analog Devices Inc. | Add +211.3% | 0.21% | +0.13 |
| JNPR Juniper Networks Inc. | Add +176.0% | 0.22% | +0.12 |
| MKSI MKS Inc. | Add +232.5% | 0.20% | +0.12 |
| KLAC KLA Corp. | Add +230.7% | 0.22% | +0.12 |
| MCHP Microchip Technology Inc. | Add +311.3% | 0.20% | +0.12 |
| IJR iShares Core S&P Small-Cap E | Add +200.7% | 0.20% | +0.12 |
| TSEM Tower Semiconductor Ltd. | Add +120.2% | 0.22% | +0.12 |
| COWS Amplify CSH FLW DVD LDRS ETF | Add +450.0% | 0.15% | +0.12 |
| RTX RTX Corp. | Add +146.2% | 0.24% | +0.12 |
| TDC Teradata Corp. | Add +176.7% | 0.20% | +0.12 |
| NVEC Nve Corp. | Add +181.1% | 0.20% | +0.12 |
| LSCC Lattice Semiconductor Corp. | Add +177.6% | 0.19% | +0.11 |
| TXN Texas Instruments Inc. | Add +138.8% | 0.25% | +0.11 |
| VCLT Vanguard Long-Term Corp. Bond | Add +100.8% | 0.32% | +0.11 |
| ON On Semiconductor | Add +205.3% | 0.20% | +0.11 |
| AMZN Amazon.com Inc. | Add +119.6% | 0.20% | +0.11 |
| ESTC Elastic NV | Add +108.8% | 0.20% | +0.11 |
| NOK Nokia Corp.-Spon ADR | Add +139.7% | 0.21% | +0.11 |
| CRUS Cirrus Logic Inc. | Add +221.8% | 0.20% | +0.11 |
| AMAT Applied Materials Inc. | Add +179.0% | 0.22% | +0.10 |
Notes & Other Activity Q3 2024 → Q4 2024
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -9.8% | 67,106 | $5.8M |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -6.0% | 10,302 | $253K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,124 | $13.0B | AVGO, CSCO, NET, NOC, PANW |
| Q1 2026 | 1,092 | $8.5B | AVGO, CSCO, NET, NOC, PANW |
| Q4 2025 | 1,059 | $8.4B | AVGO, CSCO, NOC, NET, PANW |
| Q3 2025 | 1,030 | $8.4B | AVGO, CSCO, NOC, NET, CRWD |
| Q2 2025 | 1,019 | $7.2B | AVGO, CSCO, NET, NOC, CRWD |
| Q1 2025 | 1,036 | $5.6B | AVGO, NOC, CSCO, GD, PANW |
| Q4 2024 | 1,092 | $5.5B | AVGO, CSCO, PANW, NOC, CRWD |
| Q3 2024 | 1,136 | $4.6B | AVGO, CSCO, PANW, RSP, NOC |
| Q2 2024 | 1,250 | $7.9B | UNH, MSFT, AAPL, V, CSCO |
| Q1 2024 | 1,237 | $8.0B | AVGO, CSCO, V, MSFT, HD |