In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), Piar LLC reported 61 stock positions worth $131.8 million . Its top holding was Nvidia (NVDA) at 10.3% of the portfolio, followed by AppLovin Class A (APP, 7.3% ) and Meta Platforms Class A (META, 7.1% ). Compared with Q3 2025, it opened 11 new positions, sold out of 11, added to 14 and reduced 27. The biggest buy was AppLovin Class A (APP, shares +17% ) and the biggest sale Netflix (NFLX, shares −7% ).
Location LAS VEGAS, NV
CIK 0002054677
Portfolio Value $131.8M (Q4 2025) Holdings 61 stocks · $131.8M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2025 NVDA Nvidia Corp. 72,740 $13.6M Reduce -11.5% APP AppLovin Corp. Class A 14,235 $9.6M Add +17.2% META Meta Platforms Inc. Class A 14,205 $9.4M Reduce -5.6% NFLX Netflix Inc. 90,880 $8.5M Reduce -6.5% TSLA Tesla Inc. 17,690 $8.0M Reduce -16.6% AMZN Amazon.com Inc. 31,690 $7.3M Reduce -7.4% AAPL Apple Inc. 26,660 $7.2M Reduce -4.4% PLTR Palantir Technologies Inc. Class A 30,860 $5.5M Reduce -8.9% SPOT Spotify Technology SA 9,000 $5.2M Reduce -3.2% AVGO Broadcom Inc. 14,650 $5.1M Add +5.7% CRWD CrowdStrike Holdings Inc. Class A 8,750 $4.1M Reduce -2.8% MSFT Microsoft Corp. 7,043 $3.4M Reduce -4.0% CVNA Carvana Co. 6,650 $2.8M Reduce -9.2% GOOGL Alphabet Inc. Class A 8,760 $2.7M Add +0.6% AXON Axon Enterprise Inc. 4,820 $2.7M Reduce -8.2% HOOD Robinhood Markets Inc. Class A 24,063 $2.7M Add +1.4% GOOG Alphabet Inc. Class C 6,980 $2.2M Add +12.0% VST Vistra Corp. 13,360 $2.2M Reduce -7.6% NOW ServiceNow Inc. 13,760 $2.1M Reduce -6.7% CEG Constellation Energy 5,220 $1.8M Add +1.9% FIX Comfort Systems USA Inc. 1,900 $1.8M Add +5.6% MA Mastercard Inc. Class A 2,860 $1.6M Reduce -2.6% VRT Vertiv Holdings Co. Class A 8,870 $1.4M Reduce -5.0% MU Micron Technology Inc. 4,685 $1.3M New OKLO Oklo Inc. 17,365 $1.2M New ISRG Intuitive Surgical Inc. 2,200 $1.2M Reduce -0.1% AGX Argan Inc. 3,850 $1.2M Reduce -21.6% BKNG Booking Holdings Inc. 201 $1.1M No change URI United Rentals Inc. 1,200 $971K Reduce -7.7% LRCX Lam Research Corp. 5,300 $907K No change SHOP Shopify Inc. Class A 5,235 $843K Reduce -16.0% AMD Advanced Micro Devices 3,425 $733K Reduce -2.4% LLY Eli Lilly & Co. 653 $702K Reduce -18.4% NBIS Nebius Group NV 8,155 $683K New TSM Taiwan Semiconductor-SP ADR 2,195 $667K Add +4.8% MSTR Strategy Inc. 4,300 $653K Add +126.3% CLS Celestica Inc. 2,200 $650K Add +10.0% IREN Iren Ltd. filed as IREN LIMITED 16,459 $622K New ENPH Enphase Energy Inc. 18,635 $597K Reduce -13.9% AMAT Applied Materials Inc. 2,070 $532K No change KLAC KLA Corp. 400 $486K No change LEU Centrus Energy Corp. Class A 2,000 $486K Add +33.3% HD Home Depot Inc. 1,300 $447K No change SNOW Snowflake Inc. 2,010 $441K No change LITE Lumentum Holdings Inc. 1,100 $405K New BE Bloom Energy Corp. Class A 4,456 $387K New QBTS D-Wave Quantum Inc. 14,618 $382K Reduce -4.3% MPWR Monolithic Power Systems Inc. 400 $363K Add +33.3% MEDP Medpace Holdings Inc. 610 $343K No change STRL Sterling Infrastructure Inc. 1,100 $337K Add +10.0% IONQ Ionq Inc. 6,572 $295K Reduce -26.1% HCA HCA Healthcare Inc. 600 $280K No change ANET Arista Networks Inc. 2,050 $269K Reduce -19.6% ULTA Ulta Beauty Inc. 400 $242K No change UPST Upstart Holdings Inc. 5,235 $229K Reduce -36.0% FN Fabrinet 1,400 $213K New LCID Lucid Group Inc. 15,100 $160K Add +49.4% RUN Sunrun Inc. 21,100 $148K New PATH Uipath Inc. Class A 16,600 $93K New AUPH Aurinia Pharmaceuticals Inc. 13,200 $73K New BMNR Bitmine Immersion Technologi 10,200 $58K New
Options reported separately and not counted above: BLOOM ENERGY CORP calls ($1.4M), CELESTICA INC calls ($1.1M), MICRON TECHNOLOGY INC calls ($1.0M), ASTERA LABS INC calls ($765K), CREDO TECHNOLOGY GROUP HOLDI calls ($519K), ALPHABET INC calls ($438K), D-WAVE QUANTUM INC calls ($415K), ORACLE CORP calls ($405K), IREN LIMITED calls ($394K), SOLARIS ENERGY INFRAS INC calls ($378K), COREWEAVE INC calls ($369K), MONGODB INC calls ($348K), and 8 more.
Portfolio Sells Q3 2025 → Q4 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q3 2025 % Of Portfolio Change To Portfolio ▲ NFLX Netflix Inc. Reduce -6.5% 6.46% −1.88 META Meta Platforms Inc. Class A Reduce -5.6% 7.11% −0.80 TSLA Tesla Inc. Reduce -16.6% 6.04% −0.71 NVDA Nvidia Corp. Reduce -11.5% 10.29% −0.69 SPOT Spotify Technology SA Reduce -3.2% 3.96% −0.68 AXON Axon Enterprise Inc. Reduce -8.2% 2.08% −0.62 VST Vistra Corp. Reduce -7.6% 1.64% −0.39 NOW ServiceNow Inc. Reduce -6.7% 1.60% −0.34 RH RH Sold out 0.00% −0.29 PLTR Palantir Technologies Inc. Class A Reduce -8.9% 4.16% −0.26 UBER Uber Technologies Inc. Sold out 0.00% −0.21 ORCL Oracle Corp. Sold out 0.00% −0.19 HIMS Hims & Hers Health Inc. Sold out 0.00% −0.17 RBLX Roblox Corp. Class A Sold out 0.00% −0.17 IONQ Ionq Inc. Reduce -26.1% 0.22% −0.17 AFRM Affirm Holdings Inc. Sold out 0.00% −0.16 URI United Rentals Inc. Reduce -7.7% 0.74% −0.15 CDNS Cadence Design SYS Inc. Sold out 0.00% −0.15 CAVA Cava Group Inc. Sold out 0.00% −0.15 INTU Intuit Inc. Sold out 0.00% −0.15 PANW Palo Alto Networks Inc. Sold out 0.00% −0.15 MSFT Microsoft Corp. Reduce -4.0% 2.58% −0.14 UPST Upstart Holdings Inc. Reduce -36.0% 0.17% −0.12 ENPH Enphase Energy Inc. Reduce -13.9% 0.45% −0.10 ANET Arista Networks Inc. Reduce -19.6% 0.20% −0.06 CRWD CrowdStrike Holdings Inc. Class A Reduce -2.8% 3.11% −0.05 AGX Argan Inc. Reduce -21.6% 0.92% −0.03 SHOP Shopify Inc. Class A Reduce -16.0% 0.64% −0.02 PLUG Plug Power Inc. Sold out 0.00% −0.02 QBTS D-Wave Quantum Inc. Reduce -4.3% 0.29% +0.02 MA Mastercard Inc. Class A Reduce -2.6% 1.24% +0.04 VRT Vertiv Holdings Co. Class A Reduce -5.0% 1.09% +0.08 LLY Eli Lilly & Co. Reduce -18.4% 0.53% +0.10 AMD Advanced Micro Devices Reduce -2.4% 0.56% +0.15 CVNA Carvana Co. Reduce -9.2% 2.13% +0.15 AMZN Amazon.com Inc. Reduce -7.4% 5.55% +0.17 ISRG Intuitive Surgical Inc. Reduce -0.1% 0.95% +0.24 AAPL Apple Inc. Reduce -4.4% 5.50% +0.41
Portfolio Buys Q3 2025 → Q4 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q3 2025 % Of Portfolio Change To Portfolio ▼ APP AppLovin Corp. Class A Add +17.2% 7.28% +1.03 MU Micron Technology Inc. New 1.01% +1.01 OKLO Oklo Inc. New 0.95% +0.95 GOOG Alphabet Inc. Class C Add +12.0% 1.66% +0.58 AVGO Broadcom Inc. Add +5.7% 3.85% +0.57 GOOGL Alphabet Inc. Class A Add +0.6% 2.08% +0.56 NBIS Nebius Group NV New 0.52% +0.52 IREN Iren Ltd. New 0.47% +0.47 LITE Lumentum Holdings Inc. New 0.31% +0.31 BE Bloom Energy Corp. Class A New 0.29% +0.29 FIX Comfort Systems USA Inc. Add +5.6% 1.35% +0.28 CEG Constellation Energy Add +1.9% 1.40% +0.19 FN Fabrinet New 0.16% +0.16 CLS Celestica Inc. Add +10.0% 0.49% +0.14 RUN Sunrun Inc. New 0.11% +0.11 TSM Taiwan Semiconductor-SP ADR Add +4.8% 0.51% +0.09 MPWR Monolithic Power Systems Inc. Add +33.3% 0.28% +0.08 PATH Uipath Inc. Class A New 0.07% +0.07 MSTR Strategy Inc. Add +126.3% 0.50% +0.06 AUPH Aurinia Pharmaceuticals Inc. New 0.06% +0.06 BMNR Bitmine Immersion Technologi New 0.04% +0.04 LEU Centrus Energy Corp. Class A Add +33.3% 0.37% +0.04 STRL Sterling Infrastructure Inc. Add +10.0% 0.26% +0.01 LCID Lucid Group Inc. Add +49.4% 0.12% −0.05 HOOD Robinhood Markets Inc. Class A Add +1.4% 2.06% −0.37
Options Activity Q3 2025 → Q4 2025 Security Type Change vs Q3 2025 Underlying Shares Value ▼ OKLO INC call Sold out 368 $1.6Mbefore exit BLOOM ENERGY CORP call Add +9569.4% 35,100 $1.4M CELESTICA INC call New 9,000 $1.1M MICRON TECHNOLOGY INC call Add +32700.0% 8,200 $1.0M ASTERA LABS INC call Add +15284.6% 10,000 $765K NEBIUS GROUP N.V. call Sold out 76 $565Kbefore exit CREDO TECHNOLOGY GROUP HOLDI call New 9,300 $519K NVIDIA CORPORATION call Sold out 733 $476Kbefore exit ALPHABET INC call New 5,500 $438K D-WAVE QUANTUM INC call New 32,900 $415K ORACLE CORP call New 6,200 $405K IREN LIMITED call Add +4962.8% 28,200 $394K SOLARIS ENERGY INFRAS INC call New 17,700 $378K COREWEAVE INC call Add +21451.7% 12,500 $369K MONGODB INC call New 2,600 $348K ROBINHOOD MKTS INC call New 10,400 $322K TESLA INC call Sold out 81 $315Kbefore exit VERTIV HOLDINGS CO call New 5,900 $287K ADVANCED MICRO DEVICES INC call New 4,000 $286K APPLOVIN CORP call Add +725.7% 900 $262K STERLING INFRASTRUCTURE INC call New 2,700 $227K AXON ENTERPRISE INC call New 1,100 $204K HECLA MINING COMPANY call New 18,500 $173K JOBY AVIATION INC call New 11,900 $44K
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 73 $161.3M MU, BE, NVDA, AAPL, AMZN Q1 2026 62 $118.8M NVDA, META, NFLX, AAPL, TSLA Q4 2025 61 $131.8M NVDA, APP, META, NFLX, TSLA Q3 2025 61 $139.7M NVDA, NFLX, META, TSLA, APP Q2 2025 53 $89.6M NVDA, NFLX, META, TSLA, AAPL Q1 2025 53 $90.3M NVDA, NFLX, META, TSLA, AAPL Q4 2024 57 $101.4M NVDA, TSLA, NFLX, META, AAPL