Ratan Capital Management LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Ratan Capital Management LP reported 32 stock positions worth $310.0 million. Its top holding was Meta Platforms Class A (META) at 11.3% of the portfolio, followed by Nvidia (NVDA, 10.3%) and Amazon.com (AMZN, 10.2%). Compared with Q4 2024, it opened 3 new positions, sold out of 10, added to 5 and reduced 18. The biggest buy was Meta Platforms Class A (META, shares +33%) and the biggest sale Nvidia (NVDA, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- MIAMI, FL
- CIK
- 0001566887
- Portfolio Value
- $310.0M (Q1 2025)
- SEC Filing
- 0001566887-25-000004 ↗ filed May 14, 2025
Holdings Value
Holdings 32 stocks · $310.0M
| META Meta Platforms Inc. Class A | 11.31% | 60,810 | $35.0M | Add +32.8% |
| NVDA Nvidia Corp. | 10.30% | 294,617 | $31.9M | Reduce -64.7% |
| AMZN Amazon.com Inc. | 10.20% | 166,158 | $31.6M | Reduce -21.0% |
| VRT Vertiv Holdings Co. Class A | 8.13% | 348,824 | $25.2M | Reduce -33.2% |
| VST Vistra Corp. | 7.45% | 196,740 | $23.1M | Reduce -23.6% |
| AVGO Broadcom Inc. | 7.27% | 134,649 | $22.5M | Add +69.1% |
| MSFT Microsoft Corp. | 5.81% | 47,981 | $18.0M | Reduce -59.4% |
| APP AppLovin Corp. Class A | 4.51% | 52,730 | $14.0M | New |
| TSLA Tesla Inc. | 4.21% | 50,400 | $13.1M | Reduce -71.1% |
| IBIT iShares Bitcoin Trust ETF | 4.08% | 270,000 | $12.6M | Reduce -57.1% |
| FOUR SHIFT4 Payments Inc. Class A | 3.98% | 150,902 | $12.3M | Add +112.8% |
| Bausch Lomb Corp | 3.80% | 811,368 | $11.8M | No change |
| SBUX Starbucks Corp. | 3.58% | 113,140 | $11.1M | Reduce -34.2% |
| GGAL Grupo Financiero Galicia-ADR | 3.43% | 194,992 | $10.6M | New |
| Arm Holdings Plc | 2.55% | 74,044 | $7.9M | Add +75.9% |
| COHR Coherent Corp. | 1.50% | 71,568 | $4.6M | Add +62.6% |
| CRS Carpenter Technology | 1.43% | 24,494 | $4.4M | Reduce -77.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.21% | 22,500 | $3.7M | Reduce -55.8% |
| IQV Iqvia Holdings Inc. | 0.93% | 16,302 | $2.9M | Reduce -8.1% |
| CRDO Credo Technology Group Holdi | 0.70% | 54,000 | $2.2M | Reduce -46.0% |
| JANX Janux Therapeutics Inc. | 0.67% | 76,800 | $2.1M | Reduce -57.2% |
| MA Mastercard Inc. Class A | 0.55% | 3,100 | $1.7M | No change |
| PLTR Palantir Technologies Inc. Class A | 0.42% | 15,300 | $1.3M | New |
| DHR Danaher Corp. | 0.37% | 5,600 | $1.1M | Reduce -74.1% |
| DYN Dyne Therapeutics Inc. | 0.33% | 98,900 | $1.0M | Reduce -57.2% |
| NOW ServiceNow Inc. | 0.31% | 1,200 | $955K | Reduce -84.3% |
| TMO Thermo Fisher Scientific Inc. | 0.25% | 1,550 | $771K | Reduce -78.0% |
| RTX RTX Corp. | 0.21% | 5,000 | $662K | No change |
| KEYS Keysight Technologies Inc. | 0.18% | 3,650 | $547K | No change |
| HDB HDFC Bank Ltd.-ADR | 0.14% | 6,500 | $432K | No change |
| SOLV Solventum Corp. | 0.12% | 4,800 | $365K | No change |
| JBI Janus International Group Inc. | 0.09% | 39,443 | $284K | Reduce -87.8% |
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -64.7% | 10.30% | −6.90 |
| TSLA Tesla Inc. | Reduce -71.1% | 4.21% | −6.59 |
| Boeing Co | Sold out | 0.00% | −3.16 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −1.95 |
| MSFT Microsoft Corp. | Reduce -59.4% | 5.81% | −1.83 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −1.81 |
| CRS Carpenter Technology | Reduce -77.1% | 1.43% | −1.35 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −1.27 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −1.24 |
| IBIT iShares Bitcoin Trust ETF | Reduce -57.1% | 4.08% | −1.05 |
| VRT Vertiv Holdings Co. Class A | Reduce -33.2% | 8.13% | −0.97 |
| NOW ServiceNow Inc. | Reduce -84.3% | 0.31% | −0.93 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.89 |
| JANX Janux Therapeutics Inc. | Reduce -57.2% | 0.67% | −0.80 |
| DYN Dyne Therapeutics Inc. | Reduce -57.2% | 0.33% | −0.50 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.47 |
| FSLR First Solar Inc. | Sold out | 0.00% | −0.43 |
| DHR Danaher Corp. | Reduce -74.1% | 0.37% | −0.39 |
| CRDO Credo Technology Group Holdi | Reduce -46.0% | 0.70% | −0.33 |
| TMO Thermo Fisher Scientific Inc. | Reduce -78.0% | 0.25% | −0.31 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -55.8% | 1.21% | −0.28 |
| JBI Janus International Group Inc. | Reduce -87.8% | 0.09% | −0.27 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.26 |
| SPR Spirit Aerosystems Hold Class A | Sold out | 0.00% | −0.13 |
| IQV Iqvia Holdings Inc. | Reduce -8.1% | 0.93% | +0.38 |
| SBUX Starbucks Corp. | Reduce -34.2% | 3.58% | +1.17 |
| VST Vistra Corp. | Reduce -23.6% | 7.45% | +2.01 |
| AMZN Amazon.com Inc. | Reduce -21.0% | 10.20% | +3.12 |
Portfolio Buys Q4 2024 → Q1 2025
| META Meta Platforms Inc. Class A | Add +32.8% | 11.31% | +7.19 |
| APP AppLovin Corp. Class A | New | 4.51% | +4.51 |
| AVGO Broadcom Inc. | Add +69.1% | 7.27% | +4.44 |
| GGAL Grupo Financiero Galicia-ADR | New | 3.43% | +3.43 |
| FOUR SHIFT4 Payments Inc. Class A | Add +112.8% | 3.98% | +2.78 |
| Arm Holdings Plc | Add +75.9% | 2.55% | +1.67 |
| COHR Coherent Corp. | Add +62.6% | 1.50% | +0.79 |
| PLTR Palantir Technologies Inc. Class A | New | 0.42% | +0.42 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $309.8M | SIMO, VST, Intel Corp, AMZN, QCOM |
| Q1 2026 | 35 | $269.4M | AMZN, META, NVDA, VST, AVGO |
| Q4 2025 | 38 | $363.5M | NVDA, AMZN, META, APP, MSFT |
| Q3 2025 | 29 | $185.3M | VST, NVDA, META, SOLV, AMZN |
| Q2 2025 | 30 | $216.5M | VRT, MSFT, APP, META, VST |
| Q1 2025 | 32 | $310.0M | META, NVDA, AMZN, VRT, VST |
| Q4 2024 | 39 | $652.0M | NVDA, TSLA, VRT, MSFT, AMZN |
| Q3 2024 | 32 | $371.0M | NVDA, VRT, VST, MSFT, AMZN |
| Q2 2024 | 33 | $324.1M | NVDA, VRT, VST, AMZN, CEG |
| Q1 2024 | 36 | $184.4M | VRT, AMZN, NVDA, META, MSFT |