Penserra Capital Management LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), Penserra Capital Management LLC reported 1,092 stock positions worth $8.5 billion. Its top holding was Broadcom (AVGO) at 2.3% of the portfolio, followed by Cisco Systems (CSCO, 2.1%) and Cloudflare Class A (NET, 1.8%). Compared with Q4 2025, it opened 148 new positions, sold out of 116, added to 550 and reduced 226. The biggest buy was a new position in Vanguard Intermediate-Term T (VGIT) and the biggest sale an exit from Vanguard Short-Term Treasury (VGSH).
- Most Recent 13F
- Q2 2026
- Location
- ORINDA, CA
- CIK
- 0001593324
- Portfolio Value
- $8.5B (Q1 2026)
- SEC Filing
- 0001593324-26-000004 ↗ filed May 11, 2026
Holdings Value
Holdings 1,092 stocks · $8.5B
| AVGO Broadcom Inc. | 2.33% | 641,027 | $198.4M | Add +4.3% |
| CSCO Cisco Systems Inc. | 2.10% | 2,300,298 | $178.5M | Reduce -12.7% |
| NET Cloudflare Inc. Class A | 1.77% | 728,648 | $150.3M | Add +1.9% |
| NOC Northrop Grumman Corp. | 1.71% | 213,460 | $145.6M | Reduce -21.6% |
| PANW Palo Alto Networks Inc. | 1.29% | 687,400 | $110.2M | Add +9.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.22% | 265,342 | $103.6M | Add +13.6% |
| FSLY Fastly Inc. Class A | 1.21% | 3,537,970 | $102.8M | Reduce -39.3% |
| GD General Dynamics Corp. | 1.11% | 275,873 | $94.7M | Reduce -16.4% |
| FTNT Fortinet Inc. | 1.11% | 1,155,010 | $94.4M | Reduce -10.3% |
| FFIV F5 Inc. | 1.10% | 324,850 | $94.0M | Reduce -18.2% |
| OKTA Okta Inc. | 0.99% | 1,076,035 | $84.7M | Reduce -1.1% |
| NVDA Nvidia Corp. | 0.99% | 481,705 | $84.0M | Add +5.8% |
| ATEN A10 Networks Inc. | 0.98% | 3,594,112 | $83.1M | Reduce -15.6% |
| ZS Zscaler Inc. | 0.92% | 555,917 | $78.0M | Add +43.4% |
| RDWR Radware Ltd. | 0.91% | 2,944,371 | $77.5M | Reduce -6.0% |
| CHKP Check Point Software Tech | 0.89% | 529,951 | $75.7M | Add +7.4% |
| RBRK Rubrik Inc. Class A | 0.88% | 1,538,782 | $75.4M | Add +18.8% |
| S Sentinelone Inc. Class A | 0.81% | 5,385,459 | $69.4M | Add +10.8% |
| PAPR Innovator U.S. Equity Power | 0.79% | 1,683,208 | $67.0M | Add +6.0% |
| PMAY Innovator U.S. Equity Power | 0.78% | 1,661,674 | $66.4M | Add +6.0% |
| NOK Nokia Corp.-Spon ADR | 0.77% | 8,193,858 | $65.9M | Reduce -7.7% |
| MRVL Marvell Technology Inc. | 0.77% | 663,998 | $65.8M | Add +5.5% |
| GEN Gen Digital Inc. | 0.77% | 3,491,676 | $65.7M | Add +3.0% |
| PJUN Innovator U.S. Equity Power | 0.77% | 1,570,944 | $65.7M | Add +6.0% |
| PMAR Innovator U.S. Equity Power | 0.77% | 1,471,190 | $65.6M | Add +6.0% |
| PDEC Innovator U.S. Equity Power | 0.77% | 1,537,056 | $65.3M | Add +6.0% |
| PFEB Innovator U.S. Equity Power | 0.77% | 1,628,391 | $65.3M | Add +6.0% |
| PJUL Innovator U.S. Equity Power | 0.77% | 1,419,362 | $65.2M | Add +6.0% |
| PAUG Innovator U.S. Equity Power | 0.76% | 1,523,132 | $65.1M | Add +6.0% |
| PJAN Innovator U.S. Equity Power | 0.76% | 1,409,587 | $65.0M | Add +6.0% |
| PSEP Innovator U.S. Equity Power | 0.76% | 1,506,712 | $64.9M | Add +6.0% |
| POCT Innovator U.S. Equity Power | 0.76% | 1,502,834 | $64.8M | Add +6.0% |
| QLYS Qualys Inc. | 0.76% | 732,504 | $64.3M | Add +33.9% |
| PNOV Innovator U.S. Equity Power | 0.75% | 1,567,079 | $64.0M | Add +6.0% |
| LMT Lockheed Martin Corp. | 0.74% | 103,780 | $62.7M | Add +10.2% |
| MU Micron Technology Inc. | 0.74% | 185,384 | $62.6M | Reduce -1.1% |
| VRNS Varonis Systems Inc. | 0.73% | 2,891,462 | $62.1M | Add +26.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.72% | 803,137 | $61.5M | Reduce -11.2% |
| TER Teradyne Inc. | 0.72% | 207,123 | $61.4M | Add +5.3% |
| LRCX Lam Research Corp. | 0.71% | 282,350 | $60.3M | Add +3.0% |
| COHR Coherent Corp. | 0.70% | 251,658 | $59.9M | Add +9.6% |
| TSEM Tower Semiconductor Ltd. | 0.69% | 336,867 | $59.1M | Add +6.7% |
| HON Honeywell International Inc. | 0.68% | 257,872 | $58.3M | Add +12.3% |
| ARM Arm Holdings PLC-ADR | 0.68% | 383,257 | $58.0M | Add +8.2% |
| MKSI MKS Inc. | 0.68% | 250,616 | $57.6M | Add +5.3% |
| TENB Tenable Holdings Inc. | 0.67% | 3,388,746 | $57.3M | Add +22.9% |
| VGIT Vanguard Intermediate-Term T | 0.66% | 944,843 | $56.3M | New |
| VCIT Vanguard Int-Term Corporate | 0.66% | 675,573 | $55.9M | Add +94.1% |
| RTX RTX Corp. | 0.65% | 288,051 | $55.6M | Add +9.3% |
| STM Stmicroelectronics NV-NY SHS | 0.65% | 1,598,610 | $55.2M | Add +5.3% |
| ASTS Ast Spacemobile Inc. | 0.65% | 663,946 | $55.0M | Add +77.9% |
| AMAT Applied Materials Inc. | 0.63% | 157,445 | $53.8M | Add +5.3% |
| ORCL Oracle Corp. | 0.63% | 364,770 | $53.7M | Add +20.2% |
| RKLB Rocket Lab Corp. | 0.62% | 815,879 | $52.4M | Add +309.1% |
| ONTO Onto Innovation Inc. | 0.61% | 254,578 | $52.2M | Add +7.3% |
| KLAC KLA Corp. | 0.60% | 34,690 | $51.1M | Add +5.2% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.59% | 38,155 | $50.4M | Add +6.9% |
| LSCC Lattice Semiconductor Corp. | 0.59% | 540,616 | $50.1M | Add +6.1% |
| AMD Advanced Micro Devices | 0.59% | 246,193 | $50.1M | Add +12.1% |
| CRUS Cirrus Logic Inc. | 0.57% | 332,893 | $48.1M | Add +5.3% |
| ADI Analog Devices Inc. | 0.56% | 149,451 | $47.5M | Add +5.3% |
| ON On Semiconductor | 0.56% | 765,901 | $47.4M | Add +5.3% |
| INTC Intel Corp. | 0.55% | 1,058,405 | $46.7M | Add +5.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.54% | 136,397 | $46.1M | Add +5.9% |
| QCOM Qualcomm Inc. | 0.54% | 357,127 | $46.0M | Add +3.2% |
| TXN Texas Instruments Inc. | 0.54% | 236,764 | $46.0M | Add +5.3% |
| GOOGL Alphabet Inc. Class A | 0.53% | 157,198 | $45.2M | Add +4.6% |
| AAPL Apple Inc. | 0.50% | 167,277 | $42.5M | Add +0.5% |
| HPE Hewlett Packard Enterprise | 0.47% | 1,698,597 | $40.4M | Add +5.4% |
| MCHP Microchip Technology Inc. | 0.47% | 622,667 | $40.2M | Add +5.3% |
| ECHO Echostar Corp. Class A | 0.47% | 341,932 | $40.0M | Add +320.0% |
| VTIP Vanguard Short-Term Tips | 0.45% | 774,292 | $38.7M | New |
| NVEC Nve Corp. | 0.45% | 580,495 | $38.0M | Add +5.3% |
| CRWV Coreweave Inc. Class A | 0.44% | 488,594 | $37.9M | Add +6.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.44% | 155,935 | $37.8M | Add +5.1% |
| BIDU Baidu Inc. - Spon ADR | 0.44% | 333,813 | $37.2M | Add +5.3% |
| PL Planet Labs PBC | 0.44% | 1,326,336 | $37.1M | Add +174.8% |
| MSFT Microsoft Corp. | 0.43% | 99,407 | $36.8M | Add +5.1% |
| BAH Booz Allen Hamilton Holdings | 0.42% | 463,138 | $36.1M | Add +7.9% |
| SNPS Synopsys Inc. | 0.42% | 91,108 | $36.1M | Add +5.3% |
| NXPI NXP Semiconductors NV | 0.42% | 182,322 | $35.9M | Add +5.3% |
| CDNS Cadence Design SYS Inc. | 0.42% | 128,542 | $35.7M | Add +5.6% |
| SNOW Snowflake Inc. | 0.40% | 227,428 | $34.3M | Add +7.9% |
| PLTR Palantir Technologies Inc. Class A | 0.40% | 233,511 | $34.2M | Reduce -1.1% |
| TDC Teradata Corp. | 0.40% | 1,328,943 | $34.1M | Add +5.3% |
| SPMO Invesco S&P 500 Momentum ETF | 0.39% | 300,003 | $33.6M | New |
| NTNX Nutanix Inc. Class A | 0.39% | 879,943 | $33.4M | Add +5.3% |
| CRM Salesforce Inc. | 0.39% | 178,588 | $33.3M | Add +3.9% |
| BABA Alibaba Group Holding-SP ADR | 0.39% | 264,901 | $33.2M | Add +5.3% |
| ACN Accenture PLC Class A | 0.38% | 162,149 | $32.2M | Add +8.0% |
| WIT Wipro Ltd.-ADR | 0.36% | 14,558,569 | $30.9M | Add +5.3% |
| RDNT Radnet Inc. | 0.36% | 545,474 | $30.5M | Add +5.3% |
| VEA Vanguard Ftse Developed ETF | 0.35% | 463,139 | $29.7M | New |
| MBB iShares MBS ETF | 0.35% | 312,138 | $29.6M | Add +17.9% |
| ALAB Astera Labs Inc. | 0.33% | 256,788 | $28.1M | Reduce -11.4% |
| GSAT Globalstar Inc. | 0.33% | 421,556 | $28.0M | Reduce -1.9% |
| TYG Tortoise Energy Infrastruct | 0.32% | 540,573 | $26.9M | Add +240.1% |
| VSAT Viasat Inc. | 0.31% | 584,480 | $26.8M | Add +4.6% |
| ESTC Elastic NV | 0.31% | 533,462 | $26.7M | Add +5.3% |
| PRF Invesco Rafi US 1000 ETF | 0.30% | 541,398 | $25.7M | New |
Other holdings (3): bonds, preferreds, convertibles and warrants · $6.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 57,463 | $2.3M | Reduce -3.4% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 39,445 | $2.3M | Reduce -11.1% |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 59,105 | $2.1M | Reduce -6.1% |
Total filed on the 13F, all lines: $8.5B.
Portfolio Sells Q4 2025 → Q1 2026
| VGSH Vanguard Short-Term Treasury | Sold out | 0.00% | −1.34 |
| VXUS Vanguard Total Intl Stock | Sold out | 0.00% | −1.07 |
| RPD RAPID7 Inc. | Sold out | 0.00% | −0.73 |
| BSV Vanguard Short-Term Bond ETF | Sold out | 0.00% | −0.55 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −0.39 |
| CSCO Cisco Systems Inc. | Reduce -12.7% | 2.10% | −0.32 |
| VGK Vanguard Ftse Europe ETF | Sold out | 0.00% | −0.31 |
| VPL Vanguard Ftse Pacific ETF | Sold out | 0.00% | −0.30 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.29 |
| BSTZ BlackRock Sci & Tech TRM TR | Sold out | 0.00% | −0.28 |
| ALAB Astera Labs Inc. | Reduce -11.4% | 0.33% | −0.24 |
| ASGI Abrdn Global Infrastructure | Sold out | 0.00% | −0.23 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -48.6% | 0.23% | −0.21 |
| GD General Dynamics Corp. | Reduce -16.4% | 1.11% | −0.21 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Sold out | 0.00% | −0.21 |
| BIV Vanguard Intermediate-Term B | Sold out | 0.00% | −0.18 |
| BMEZ BlackRock HLTH Sci TRM TR II | Reduce -66.2% | 0.08% | −0.18 |
| BTX BlackRock Tech & Priv Eqty | Reduce -64.0% | 0.08% | −0.15 |
| BCI Abrdn Bloomberg All Commodit | Sold out | 0.00% | −0.15 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -11.2% | 0.72% | −0.14 |
| XLRE SS Real Estate Select Sector | Sold out | 0.00% | −0.14 |
| NOC Northrop Grumman Corp. | Reduce -21.6% | 1.71% | −0.14 |
| XCEM Columbia Em Core Ex-China | Reduce -45.3% | 0.18% | −0.13 |
| OKTA Okta Inc. | Reduce -1.1% | 0.99% | −0.12 |
| AVK Advent Convert & Income | Reduce -49.5% | 0.09% | −0.11 |
| FTNT Fortinet Inc. | Reduce -10.3% | 1.11% | −0.11 |
| EIC Eagle Point Income Co.-USA Inc. | Sold out | 0.00% | −0.10 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.10 |
| FFIV F5 Inc. | Reduce -18.2% | 1.10% | −0.10 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.1% | 0.40% | −0.10 |
| XCHYX Calamos Convert & High Inc. | Sold out | 0.00% | −0.09 |
| THW Abrdn World Healthcare Fund | Reduce -46.0% | 0.09% | −0.09 |
| RBLX Roblox Corp. Class A | Reduce -81.8% | 0.01% | −0.09 |
| XEXGX Eaton Vance Tax-Managed Glob | Sold out | 0.00% | −0.09 |
| QQQX Nuveen Nasdaq 100 DYN Overwr | Sold out | 0.00% | −0.09 |
| GILT Gilat Satellite Networks Ltd. | Reduce -55.1% | 0.10% | −0.09 |
| ADX Adams Diversified Equity | Sold out | 0.00% | −0.09 |
| JPC Nuveen Prefered & Income Opp | Sold out | 0.00% | −0.09 |
| ETW Eaton Vance T/M GLBL Buy-WR | Sold out | 0.00% | −0.09 |
| BTZ BlackRock Credit Allocation | Sold out | 0.00% | −0.08 |
| XBGYX BlackRock Enh Intl DVD TR | Sold out | 0.00% | −0.08 |
| NPFD Nuveen Var RT Pref & Inc. | Sold out | 0.00% | −0.08 |
| XIGDX Voya GLBL Eqty DVD & PRM Opp | Sold out | 0.00% | −0.08 |
| PEO Adams Natural Resources Fund | Sold out | 0.00% | −0.08 |
| NMAI Nuveen Multi-Asset Income | Reduce -45.3% | 0.08% | −0.07 |
| CIEN Ciena Corp. | Reduce -56.6% | 0.16% | −0.07 |
| PYPL PayPal Holdings Inc. | Reduce -13.1% | 0.12% | −0.06 |
| AEF Abrdn Emerging Markets Ex CH | Sold out | 0.00% | −0.06 |
| FSLR First Solar Inc. | Reduce -97.0% | 0.00% | −0.06 |
| HQH Abrdn Healthcare Investors | Reduce -13.0% | 0.24% | −0.06 |
Portfolio Buys Q4 2025 → Q1 2026
| VGIT Vanguard Intermediate-Term T | New | 0.66% | +0.66 |
| VTIP Vanguard Short-Term Tips | New | 0.45% | +0.45 |
| RKLB Rocket Lab Corp. | Add +309.1% | 0.62% | +0.45 |
| SPMO Invesco S&P 500 Momentum ETF | New | 0.39% | +0.39 |
| ECHO Echostar Corp. Class A | Add +320.0% | 0.47% | +0.36 |
| VEA Vanguard Ftse Developed ETF | New | 0.35% | +0.35 |
| ASTS Ast Spacemobile Inc. | Add +77.9% | 0.65% | +0.32 |
| PL Planet Labs PBC | Add +174.8% | 0.44% | +0.32 |
| VCIT Vanguard Int-Term Corporate | Add +94.1% | 0.66% | +0.31 |
| PRF Invesco Rafi US 1000 ETF | New | 0.30% | +0.30 |
| DFUS Dimensional US Eq MKT ETF | New | 0.30% | +0.30 |
| TER Teradyne Inc. | Add +5.3% | 0.72% | +0.27 |
| RVT Royce Small-Cap Trust Inc. | New | 0.26% | +0.26 |
| TSEM Tower Semiconductor Ltd. | Add +6.7% | 0.69% | +0.25 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.25% | +0.25 |
| TYG Tortoise Energy Infrastruct | Add +240.1% | 0.32% | +0.24 |
| HYLB Xtrackers Usd High Yield Cor | New | 0.24% | +0.24 |
| VGLT Vanguard Long-Term Treasury | New | 0.23% | +0.23 |
| MKSI MKS Inc. | Add +5.3% | 0.68% | +0.22 |
| ARM Arm Holdings PLC-ADR | Add +8.2% | 0.68% | +0.22 |
| PAXS PIMCO Access Income Fund | New | 0.21% | +0.21 |
| CBRE GBL REAL ESTATE INC FD | New | 0.21% | +0.21 |
| EFAV iShares MSCI Eafe Min Vol Fa | New | 0.21% | +0.21 |
| DFIV Dimensional International Va | New | 0.21% | +0.21 |
| DFEV Dimensional Emrg MRKT Val | New | 0.21% | +0.21 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | New | 0.21% | +0.21 |
| DFIC Dimensional International Co. | New | 0.20% | +0.20 |
| AVDV Avantis Intl S/C Value ETF | New | 0.20% | +0.20 |
| COHR Coherent Corp. | Add +9.6% | 0.70% | +0.20 |
| LMT Lockheed Martin Corp. | Add +10.2% | 0.74% | +0.19 |
| FSSL FS Specialty Lending Fund | New | 0.19% | +0.19 |
| LUNR Intuitive Machines Inc. | Add +247.2% | 0.26% | +0.19 |
| FLY Firefly Aerospace Inc. | Add +173.4% | 0.26% | +0.18 |
| STM Stmicroelectronics NV-NY SHS | Add +5.3% | 0.65% | +0.18 |
| DSL Doubleline Income Solutions | Add +235.4% | 0.26% | +0.18 |
| LITE Lumentum Holdings Inc. | New | 0.17% | +0.17 |
| AMAT Applied Materials Inc. | Add +5.3% | 0.63% | +0.17 |
| ONTO Onto Innovation Inc. | Add +7.3% | 0.61% | +0.17 |
| RDW Redwire Corp. | Add +756.4% | 0.18% | +0.16 |
| HON Honeywell International Inc. | Add +12.3% | 0.68% | +0.15 |
| LRCX Lam Research Corp. | Add +3.0% | 0.71% | +0.15 |
| LSCC Lattice Semiconductor Corp. | Add +6.1% | 0.59% | +0.14 |
| ASML ASML Holding NV-NY Reg SHS | Add +6.9% | 0.59% | +0.14 |
| MRVL Marvell Technology Inc. | Add +5.5% | 0.77% | +0.14 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +110.2% | 0.25% | +0.13 |
| SIRI Sirius XM Holdings Inc. | Add +112.9% | 0.22% | +0.13 |
| XFRAX BlackRock Fltng RT Inc. Strat | New | 0.13% | +0.13 |
| KLAC KLA Corp. | Add +5.2% | 0.60% | +0.12 |
| CRUS Cirrus Logic Inc. | Add +5.3% | 0.57% | +0.12 |
| TRMB Trimble Inc. | Add +168.3% | 0.21% | +0.12 |
Notes & Other Activity Q4 2025 → Q1 2026
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Reduce -3.4% | 57,463 | $2.3M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -11.1% | 39,445 | $2.3M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -6.1% | 59,105 | $2.1M |
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 |