Ratan Capital Management LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Ratan Capital Management LP reported 30 stock positions worth $216.5 million. Its top holding was Vertiv Class A (VRT) at 11.6% of the portfolio, followed by Microsoft (MSFT, 8.3%) and AppLovin Class A (APP, 7.4%). Compared with Q1 2025, it opened 3 new positions, sold out of 5, added to 2 and reduced 12. The biggest buy was RTX (RTX, shares +1000%) and the biggest sale Amazon.com (AMZN, shares −66%).
- Most Recent 13F
- Q2 2026
- Location
- MIAMI, FL
- CIK
- 0001566887
- Portfolio Value
- $216.5M (Q2 2025)
- SEC Filing
- 0001566887-25-000005 ↗ filed Aug 14, 2025
Holdings Value
Holdings 30 stocks · $216.5M
| VRT Vertiv Holdings Co. Class A | 11.63% | 71,652 | $25.2M | Reduce -79.5% |
| MSFT Microsoft Corp. | 8.32% | 47,981 | $18.0M | No change |
| APP AppLovin Corp. Class A | 7.42% | 58,730 | $16.1M | Add +11.4% |
| META Meta Platforms Inc. Class A | 7.32% | 20,474 | $15.8M | Reduce -66.3% |
| VST Vistra Corp. | 7.02% | 78,424 | $15.2M | Reduce -60.1% |
| NVDA Nvidia Corp. | 6.72% | 92,093 | $14.5M | Reduce -68.7% |
| TSLA Tesla Inc. | 6.03% | 50,400 | $13.1M | No change |
| IBIT iShares Bitcoin Trust ETF | 5.84% | 270,000 | $12.6M | No change |
| FOUR SHIFT4 Payments Inc. Class A | 5.69% | 150,902 | $12.3M | No change |
| AMZN Amazon.com Inc. | 5.67% | 55,991 | $12.3M | Reduce -66.3% |
| SBUX Starbucks Corp. | 5.13% | 113,140 | $11.1M | No change |
| Bausch Lomb Corp | 3.91% | 650,712 | $8.5M | Reduce -19.8% |
| RTX RTX Corp. | 3.71% | 55,000 | $8.0M | Add +1000.0% |
| AVGO Broadcom Inc. | 3.34% | 26,217 | $7.2M | Reduce -80.5% |
| RUN Sunrun Inc. | 3.31% | 11,573 | $7.2M | New |
| FXI iShares China Large-Cap ETF | 2.55% | 15,000 | $5.5M | New |
| GGAL Grupo Financiero Galicia-ADR | 1.28% | 55,000 | $2.8M | Reduce -71.8% |
| MA Mastercard Inc. Class A | 0.78% | 3,100 | $1.7M | No change |
| NOW ServiceNow Inc. | 0.57% | 1,200 | $1.2M | No change |
| CRS Carpenter Technology | 0.56% | 6,407 | $1.2M | Reduce -73.8% |
| JANX Janux Therapeutics Inc. | 0.53% | 13,288 | $1.1M | Reduce -82.7% |
| CRDO Credo Technology Group Holdi | 0.53% | 12,330 | $1.1M | Reduce -77.2% |
| DHR Danaher Corp. | 0.51% | 5,600 | $1.1M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.29% | 1,550 | $628K | No change |
| KEYS Keysight Technologies Inc. | 0.28% | 3,650 | $598K | No change |
| SOLV Solventum Corp. | 0.25% | 4,800 | $531K | No change |
| BA The Boeing Co. | 0.24% | 3,000 | $529K | New |
| IQV Iqvia Holdings Inc. | 0.24% | 3,342 | $527K | Reduce -79.5% |
| HDB HDFC Bank Ltd.-ADR | 0.23% | 6,500 | $498K | No change |
| JBI Janus International Group Inc. | 0.10% | 39,443 | $223K | No change |
Options reported separately and not counted above: BA calls ($1.8M).
Portfolio Sells Q1 2025 → Q2 2025
| AMZN Amazon.com Inc. | Reduce -66.3% | 5.67% | −4.53 |
| META Meta Platforms Inc. Class A | Reduce -66.3% | 7.32% | −3.99 |
| AVGO Broadcom Inc. | Reduce -80.5% | 3.34% | −3.94 |
| NVDA Nvidia Corp. | Reduce -68.7% | 6.72% | −3.58 |
| Arm Holdings Plc | Sold out | 0.00% | −2.55 |
| GGAL Grupo Financiero Galicia-ADR | Reduce -71.8% | 1.28% | −2.15 |
| COHR Coherent Corp. | Sold out | 0.00% | −1.50 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −1.21 |
| CRS Carpenter Technology | Reduce -73.8% | 0.56% | −0.87 |
| IQV Iqvia Holdings Inc. | Reduce -79.5% | 0.24% | −0.68 |
| VST Vistra Corp. | Reduce -60.1% | 7.02% | −0.43 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.42 |
| DYN Dyne Therapeutics Inc. | Sold out | 0.00% | −0.33 |
| CRDO Credo Technology Group Holdi | Reduce -77.2% | 0.53% | −0.17 |
| JANX Janux Therapeutics Inc. | Reduce -82.7% | 0.53% | −0.14 |
| Bausch Lomb Corp | Reduce -19.8% | 3.91% | +0.11 |
| VRT Vertiv Holdings Co. Class A | Reduce -79.5% | 11.63% | +3.51 |
Portfolio Buys Q1 2025 → Q2 2025
Options Activity Q1 2025 → Q2 2025
| BA The Boeing Co. | call | New | 80,000 | $1.8M |
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 | 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 |