Scalar Gauge Management, LLC In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Scalar Gauge Management, LLC reported 26 stock positions worth $181.3 million . Its top holding was Fabrinet (FN) at 10.5% of the portfolio, followed by Celestica (CLS, 9.3% ) and Comfort Systems USA (FIX, 7.8% ). Compared with Q1 2026, it opened 13 new positions, sold out of 12, added to 7 and reduced 4. The biggest buy was a new position in Sitime (SITM) and the biggest sale Legence Class A (LGN, shares −66% ).
Location DALLAS, TX
CIK 0001965542
Portfolio Value $181.3M (Q2 2026) Holdings 26 stocks · $181.3M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2026 FN Fabrinet 34,000 $19.1M Add +36.0% CLS Celestica Inc. 46,000 $16.8M Add +43.8% FIX Comfort Systems USA Inc. 7,100 $14.1M Add +16.4% ONTO Onto Innovation Inc. 36,000 $13.6M No change SITM Sitime Corp. 16,000 $11.9M New DIOD Diodes Inc. 93,000 $10.2M New TTMI TTM Technologies 53,000 $9.9M Add +55.9% AEIS Advanced Energy Industries 26,000 $9.7M New SIMO Silicon Motion Technol-ADR 24,000 $8.0M Reduce -38.5% MTZ Mastec Inc. 19,000 $7.9M New WDC Western Digital Corp. 12,000 $7.7M New VRT Vertiv Holdings Co. Class A 22,000 $7.4M Reduce -8.3% Q Qnity Electronics Inc. 33,000 $5.4M New FORM Formfactor Inc. 33,000 $5.3M New AVPT Avepoint Inc. 470,000 $5.3M Add +147.4% MU Micron Technology Inc. 4,000 $4.6M New LGN Legence Corp. Class A 51,000 $4.3M Reduce -66.0% VSH Vishay Intertechnology Inc. 76,000 $4.1M New AXTI Axt Inc. 50,000 $3.6M New HWM Howmet Aerospace Inc. 13,000 $3.5M No change SHLS Shoals Technologies Group -A 250,000 $2.5M New CGNT Cognyte Software Ltd. 233,619 $2.1M Reduce -57.5% NVDS Tradr 1.5X SHT Nvda ETF-Usdi 60,000 $1.4M New BLZE Backblaze Inc. Class A 75,000 $1.2M New OSPN Onespan Inc. 76,641 $1.1M Add +142.2% CCC CCC Intelligent Solutions Ho 150,000 $774K Add +36.4%
Options reported separately and not counted above: DIREXION SHS ETF TR puts ($288K).
Portfolio Sells Q1 2026 → Q2 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▲ LGN Legence Corp. Class A Reduce -66.0% 2.40% −5.77 BL Blackline Inc. Sold out 0.00% −5.47 AAOI Applied Optoelectronics Inc. Sold out 0.00% −4.84 TER Teradyne Inc. Sold out 0.00% −4.00 CAMT Camtek Ltd. Sold out 0.00% −3.44 CGNT Cognyte Software Ltd. Reduce -57.5% 1.13% −3.16 NFLX Netflix Inc. Sold out 0.00% −3.06 COHR Coherent Corp. Sold out 0.00% −2.99 SMTC Semtech Corp. Sold out 0.00% −2.97 BE Bloom Energy Corp. Class A Sold out 0.00% −1.96 VRT Vertiv Holdings Co. Class A Reduce -8.3% 4.06% −1.74 POWI Power Integrations Inc. Sold out 0.00% −1.73 BRZE Braze Inc. Class A Sold out 0.00% −0.68 VERX Vertex Inc. Class A Sold out 0.00% −0.63 WEAV Weave Communications Inc. Sold out 0.00% −0.46 SIMO Silicon Motion Technol-ADR Reduce -38.5% 4.41% +0.19
Portfolio Buys Q1 2026 → Q2 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▼ SITM Sitime Corp. New 6.58% +6.58 DIOD Diodes Inc. New 5.61% +5.61 AEIS Advanced Energy Industries New 5.35% +5.35 MTZ Mastec Inc. New 4.36% +4.36 WDC Western Digital Corp. New 4.23% +4.23 Q Qnity Electronics Inc. New 2.97% +2.97 FORM Formfactor Inc. New 2.91% +2.91 MU Micron Technology Inc. New 2.55% +2.55 TTMI TTM Technologies Add +55.9% 5.47% +2.27 VSH Vishay Intertechnology Inc. New 2.25% +2.25 AXTI Axt Inc. New 1.99% +1.99 SHLS Shoals Technologies Group -A New 1.37% +1.37 AVPT Avepoint Inc. Add +147.4% 2.91% +1.16 NVDS Tradr 1.5X SHT Nvda ETF-Usdi New 0.75% +0.75 BLZE Backblaze Inc. Class A New 0.66% +0.66 CLS Celestica Inc. Add +43.8% 9.26% +0.56 OSPN Onespan Inc. Add +142.2% 0.61% +0.29 CCC CCC Intelligent Solutions Ho Add +36.4% 0.43% −0.21 FIX Comfort Systems USA Inc. Add +16.4% 7.76% −0.35 FN Fabrinet Add +36.0% 10.54% −2.03
Options Activity Q1 2026 → Q2 2026 Security Type Change vs Q1 2026 Underlying Shares Value ▼ DIREXION SHS ETF TR put New 125 $288K BRAZE INC call Sold out 100 $19Kbefore exit
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 26 $181.3M FN, CLS, FIX, ONTO, SITM Q1 2026 25 $103.7M FN, CLS, LGN, FIX, ONTO Q4 2025 28 $150.8M BL, SITM, CLS, CGNT, FN Q3 2025 29 $196.1M BL, AVGO, FIX, FN, AXON Q2 2025 24 $174.9M BL, PD, CLS, CWAN, FIVN Q1 2025 27 $163.4M BL, CWAN, FIVN, SMWB, PD Q4 2024 28 $216.6M BL, FIVN, AXON, MSI, CWAN Q3 2024 25 $188.4M ZUO, CWAN, FIVN, NABL, MSI Q2 2024 29 $171.9M ZUO, NABL, SWI, EME, WKME Q1 2024 26 $129.9M ZUO, EME, SWI, ALKT, DELL