Shaker Investments LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Shaker Investments LLC reported 94 stock positions worth $207.6 million. Its top holding was Axos Financial (AX) at 13.1% of the portfolio, followed by Amazon.com (AMZN, 3.8%) and Alphabet Class A (GOOGL, 3.4%). Compared with Q4 2024, it opened 20 new positions, sold out of 15, added to 20 and reduced 52. The biggest buy was a new position in Merit Medical Systems (MMSI) and the biggest sale Nvidia (NVDA, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- CLEVELAND, OH
- CIK
- 0001009005
- Portfolio Value
- $207.6M (Q1 2025)
- SEC Filing
- 0001009005-25-000003 ↗ filed Apr 23, 2025
Holdings Value
Holdings 94 stocks · $207.6M
| AX Axos Financial Inc. | 13.15% | 423,078 | $27.3M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 3.76% | 41,006 | $7.8M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 3.38% | 45,364 | $7.0M | Reduce -1.6% |
| META Meta Platforms Inc. Class A | 3.05% | 10,979 | $6.3M | Add +46.5% |
| AVGO Broadcom Inc. | 2.99% | 37,055 | $6.2M | Reduce -10.9% |
| AAPL Apple Inc. | 2.93% | 27,381 | $6.1M | Reduce -16.2% |
| PODD Insulet Corp. | 2.52% | 19,928 | $5.2M | Reduce -1.5% |
| NVDA Nvidia Corp. | 2.31% | 44,176 | $4.8M | Reduce -45.9% |
| TSM Taiwan Semiconductor-SP ADR | 2.28% | 28,529 | $4.7M | Reduce -16.0% |
| KNSL Kinsale Capital Group Inc. | 2.26% | 9,626 | $4.7M | Reduce -1.5% |
| HALO Halozyme Therapeutics Inc. | 2.16% | 70,432 | $4.5M | Reduce -6.5% |
| SFM Sprouts Farmers Market Inc. | 2.08% | 28,244 | $4.3M | Reduce -16.9% |
| CASY Casey's General Stores Inc. | 2.03% | 9,718 | $4.2M | Reduce -1.9% |
| ORLY O'reilly Automotive Inc. | 2.02% | 2,929 | $4.2M | Reduce -1.6% |
| CRM Salesforce Inc. | 1.82% | 14,114 | $3.8M | Add +95.9% |
| OLLI Ollie's Bargain Outlet Holdi | 1.78% | 31,773 | $3.7M | Reduce -1.4% |
| PCTY Paylocity Holding Corp. | 1.77% | 19,581 | $3.7M | Add +5.5% |
| TXRH Texas Roadhouse Inc. | 1.72% | 21,489 | $3.6M | Reduce -1.7% |
| JPM JPMorgan Chase & Co. | 1.62% | 13,689 | $3.4M | Reduce -2.1% |
| AGX Argan Inc. | 1.60% | 25,350 | $3.3M | Add +208.1% |
| PAYC Paycom Software Inc. | 1.56% | 14,833 | $3.2M | Add +50.5% |
| FTNT Fortinet Inc. | 1.53% | 33,078 | $3.2M | Reduce -28.6% |
| WTFC Wintrust Financial Corp. | 1.52% | 28,008 | $3.1M | Reduce -2.4% |
| EOG EOG Resources Inc. | 1.43% | 23,228 | $3.0M | Reduce -1.8% |
| MSI Motorola Solutions Inc. | 1.43% | 6,774 | $3.0M | Reduce -1.4% |
| NOW ServiceNow Inc. | 1.35% | 3,526 | $2.8M | Add +58.0% |
| V Visa Inc. Class A | 1.33% | 7,905 | $2.8M | Reduce -1.6% |
| MMSI Merit Medical Systems Inc. | 1.22% | 23,972 | $2.5M | New |
| ANET Arista Networks Inc. | 1.19% | 31,951 | $2.5M | Reduce -43.9% |
| MSFT Microsoft Corp. | 1.19% | 6,587 | $2.5M | Reduce -38.4% |
| PYPL PayPal Holdings Inc. | 1.19% | 37,818 | $2.5M | Add +37.1% |
| ZBRA Zebra Technologies Corp. Class A | 1.11% | 8,125 | $2.3M | Reduce -47.0% |
| IRMD Iradimed Corp. | 1.10% | 43,563 | $2.3M | Add +45.7% |
| GS Goldman Sachs Group Inc. | 1.07% | 4,085 | $2.2M | New |
| MS Morgan Stanley | 1.07% | 18,958 | $2.2M | New |
| FIX Comfort Systems USA Inc. | 0.94% | 6,070 | $2.0M | Add +10.8% |
| BKNG Booking Holdings Inc. | 0.91% | 412 | $1.9M | Add +57.3% |
| BURL Burlington Stores Inc. | 0.91% | 7,927 | $1.9M | Add +2.5% |
| RSPF Invesco S&P 500 Equal Weight | 0.90% | 25,835 | $1.9M | New |
| UBER Uber Technologies Inc. | 0.89% | 25,485 | $1.9M | Add +142.1% |
| NFLX Netflix Inc. | 0.89% | 1,985 | $1.9M | New |
| FANG Diamondback Energy Inc. | 0.87% | 11,242 | $1.8M | Reduce -1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.85% | 3,168 | $1.8M | Reduce -0.0% |
| BOOT Boot Barn Holdings Inc. | 0.81% | 15,597 | $1.7M | Reduce -15.7% |
| WDAY Workday Inc. Class A | 0.80% | 7,094 | $1.7M | New |
| LNTH Lantheus Holdings Inc. | 0.76% | 16,210 | $1.6M | Reduce -63.7% |
| MNST Monster Beverage Corp. | 0.75% | 26,762 | $1.6M | Reduce -22.7% |
| WSO Watsco Inc. | 0.73% | 2,990 | $1.5M | Reduce -2.3% |
| DXCM Dexcom Inc. | 0.73% | 22,099 | $1.5M | New |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.66% | 20,739 | $1.4M | Reduce -3.8% |
| DUOL Duolingo | 0.58% | 3,885 | $1.2M | Reduce -1.9% |
| VEEV Veeva Systems Inc. Class A | 0.51% | 4,564 | $1.1M | Reduce -52.0% |
| STX Seagate Technology Holdings | 0.48% | 11,611 | $986K | Reduce -46.7% |
| LMAT Lemaitre Vascular Inc. | 0.46% | 11,395 | $956K | Reduce -18.3% |
| EXLS Exlservice Holdings Inc. | 0.46% | 20,170 | $952K | Add +31.9% |
| SRAD Sportradar Group AG-A | 0.45% | 43,650 | $944K | Reduce -0.1% |
| VOO Vanguard S&P 500 ETF | 0.42% | 1,689 | $868K | Add +0.3% |
| DOCS Doximity Inc. Class A | 0.38% | 13,572 | $788K | Add +29.6% |
| KNF Knife River Corp. | 0.35% | 8,047 | $726K | Add +13.7% |
| SFBS Servisfirst Bancshares Inc. | 0.33% | 8,372 | $692K | New |
| CVLG Covenant Logistics Group Inc. | 0.32% | 30,347 | $674K | No change |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.32% | 14,901 | $660K | New |
| MCHP Microchip Technology Inc. | 0.32% | 13,578 | $657K | Reduce -30.3% |
| OPRA Opera Ltd.-ADR | 0.30% | 38,939 | $621K | New |
| OMCL Omnicell Inc. | 0.29% | 17,309 | $605K | Add +40.1% |
| AGYS Agilysys Inc. | 0.29% | 8,223 | $596K | Reduce -0.1% |
| ESE Esco Technologies Inc. | 0.27% | 3,484 | $554K | New |
| YOU Clear Secure Inc. Class A | 0.26% | 20,995 | $544K | Reduce -0.1% |
| FVRR Fiverr International Ltd. | 0.24% | 21,335 | $505K | Reduce -0.1% |
| MPWR Monolithic Power Systems Inc. | 0.24% | 861 | $499K | Reduce -82.4% |
| MTDR Matador Resources Co. | 0.24% | 9,696 | $495K | Reduce -0.1% |
| ALG Alamo Group Inc. | 0.23% | 2,674 | $477K | Reduce -33.6% |
| CORT Corcept Therapeutics Inc. | 0.22% | 4,074 | $465K | New |
| MRC MRC Global Inc. | 0.22% | 39,942 | $459K | Reduce -0.1% |
| XBI SS SPDR S&P Biotech ETF | 0.22% | 5,571 | $452K | Reduce -42.3% |
| FOUR SHIFT4 Payments Inc. Class A | 0.21% | 5,451 | $445K | New |
| SPSC SPS Commerce Inc. | 0.19% | 3,006 | $399K | Reduce -0.0% |
| GHM Graham Corp. | 0.19% | 13,789 | $397K | New |
| SHAK Shake Shack Inc. Class A | 0.19% | 4,399 | $388K | New |
| CAMT Camtek Ltd. | 0.17% | 5,983 | $351K | Reduce -0.1% |
| MDY State Street SPDR S&P Midcap | 0.16% | 609 | $325K | Add +0.3% |
| NSSC Napco Security Technologies | 0.15% | 13,737 | $316K | Reduce -61.3% |
| GLOB Globant SA | 0.15% | 2,592 | $305K | Reduce -0.0% |
| LMBS First Trust Low Duration Opp | 0.14% | 5,766 | $283K | No change |
| EEFT Euronet Worldwide Inc. | 0.13% | 2,501 | $267K | Reduce -81.5% |
| CPRX Catalyst Pharmaceuticals Inc. | 0.12% | 10,572 | $256K | New |
| AMPH Amphastar Pharmaceuticals Inc. | 0.12% | 8,475 | $246K | Reduce -54.2% |
| KRYS Krystal Biotech Inc. | 0.12% | 1,329 | $240K | New |
| EXEL Exelixis Inc. | 0.11% | 6,397 | $236K | New |
| SCHX Schwab US Large-Cap ETF | 0.11% | 10,209 | $225K | Add +0.2% |
| RSP Invesco S&P 500 Equal Weight | 0.11% | 1,281 | $222K | New |
| WRBY Warby Parker Inc. Class A | 0.10% | 11,521 | $210K | Reduce -0.0% |
| CATH Global X S&P 500 Ca Val ETF | 0.10% | 3,090 | $209K | Add +0.6% |
| NBIX Neurocrine Biosciences Inc. | 0.10% | 1,855 | $205K | New |
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -45.9% | 2.31% | −2.28 |
| KEX Kirby Corp. | Sold out | 0.00% | −1.58 |
| ANET Arista Networks Inc. | Reduce -43.9% | 1.19% | −1.44 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -47.0% | 1.11% | −1.37 |
| AVGO Broadcom Inc. | Reduce -10.9% | 2.99% | −1.05 |
| MHO M/I Homes Inc. | Sold out | 0.00% | −1.02 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.97 |
| MPWR Monolithic Power Systems Inc. | Reduce -82.4% | 0.24% | −0.97 |
| LNTH Lantheus Holdings Inc. | Reduce -63.7% | 0.76% | −0.91 |
| ECPG Encore Capital Group Inc. | Sold out | 0.00% | −0.90 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −0.87 |
| MSFT Microsoft Corp. | Reduce -38.4% | 1.19% | −0.70 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -16.0% | 2.28% | −0.53 |
| AAPL Apple Inc. | Reduce -16.2% | 2.93% | −0.50 |
| EEFT Euronet Worldwide Inc. | Reduce -81.5% | 0.13% | −0.45 |
| UFPI Ufp Industries Inc. | Sold out | 0.00% | −0.39 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.38 |
| NSSC Napco Security Technologies | Reduce -61.3% | 0.15% | −0.38 |
| BOOT Boot Barn Holdings Inc. | Reduce -15.7% | 0.81% | −0.37 |
| IBP Installed Building Products | Sold out | 0.00% | −0.37 |
| VEEV Veeva Systems Inc. Class A | Reduce -52.0% | 0.51% | −0.33 |
| STX Seagate Technology Holdings | Reduce -46.7% | 0.48% | −0.31 |
| FTNT Fortinet Inc. | Reduce -28.6% | 1.53% | −0.30 |
| ONTO Onto Innovation Inc. | Sold out | 0.00% | −0.27 |
| GOOGL Alphabet Inc. Class A | Reduce -1.6% | 3.38% | −0.27 |
| TSCO Tractor Supply Company | Sold out | 0.00% | −0.21 |
| IOVA Iovance Biotherapeutics Inc. | Sold out | 0.00% | −0.18 |
| AMPH Amphastar Pharmaceuticals Inc. | Reduce -54.2% | 0.12% | −0.17 |
| AGYS Agilysys Inc. | Reduce -0.1% | 0.29% | −0.17 |
| MCHP Microchip Technology Inc. | Reduce -30.3% | 0.32% | −0.15 |
| XBI SS SPDR S&P Biotech ETF | Reduce -42.3% | 0.22% | −0.15 |
| MEDP Medpace Holdings Inc. | Sold out | 0.00% | −0.10 |
| IWO iShares Russell 2000 Growth | Sold out | 0.00% | −0.09 |
| GLOB Globant SA | Reduce -0.0% | 0.15% | −0.09 |
| SCHM Schwab US Mid Cap ETF | Sold out | 0.00% | −0.09 |
| ALG Alamo Group Inc. | Reduce -33.6% | 0.23% | −0.08 |
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −0.08 |
| LMAT Lemaitre Vascular Inc. | Reduce -18.3% | 0.46% | −0.08 |
| AMZN Amazon.com Inc. | Reduce -1.5% | 3.76% | −0.07 |
| FVRR Fiverr International Ltd. | Reduce -0.1% | 0.24% | −0.04 |
| SPSC SPS Commerce Inc. | Reduce -0.0% | 0.19% | −0.04 |
| CAMT Camtek Ltd. | Reduce -0.1% | 0.17% | −0.03 |
| WRBY Warby Parker Inc. Class A | Reduce -0.0% | 0.10% | −0.02 |
| MNST Monster Beverage Corp. | Reduce -22.7% | 0.75% | −0.01 |
| MRC MRC Global Inc. | Reduce -0.1% | 0.22% | +0.01 |
| MTDR Matador Resources Co. | Reduce -0.1% | 0.24% | +0.01 |
| WTFC Wintrust Financial Corp. | Reduce -2.4% | 1.52% | +0.02 |
| YOU Clear Secure Inc. Class A | Reduce -0.1% | 0.26% | +0.03 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -3.8% | 0.66% | +0.03 |
| DUOL Duolingo | Reduce -1.9% | 0.58% | +0.04 |
Portfolio Buys Q4 2024 → Q1 2025
| MMSI Merit Medical Systems Inc. | New | 1.22% | +1.22 |
| META Meta Platforms Inc. Class A | Add +46.5% | 3.05% | +1.21 |
| AGX Argan Inc. | Add +208.1% | 1.60% | +1.13 |
| GS Goldman Sachs Group Inc. | New | 1.07% | +1.07 |
| MS Morgan Stanley | New | 1.07% | +1.07 |
| RSPF Invesco S&P 500 Equal Weight | New | 0.90% | +0.90 |
| NFLX Netflix Inc. | New | 0.89% | +0.89 |
| CRM Salesforce Inc. | Add +95.9% | 1.82% | +0.82 |
| WDAY Workday Inc. Class A | New | 0.80% | +0.80 |
| DXCM Dexcom Inc. | New | 0.73% | +0.73 |
| PAYC Paycom Software Inc. | Add +50.5% | 1.56% | +0.72 |
| UBER Uber Technologies Inc. | Add +142.1% | 0.89% | +0.63 |
| IRMD Iradimed Corp. | Add +45.7% | 1.10% | +0.41 |
| BKNG Booking Holdings Inc. | Add +57.3% | 0.91% | +0.37 |
| NOW ServiceNow Inc. | Add +58.0% | 1.35% | +0.36 |
| SFBS Servisfirst Bancshares Inc. | New | 0.33% | +0.33 |
| P Everpure Inc. Class A | New | 0.32% | +0.32 |
| OPRA Opera Ltd.-ADR | New | 0.30% | +0.30 |
| ESE Esco Technologies Inc. | New | 0.27% | +0.27 |
| CORT Corcept Therapeutics Inc. | New | 0.22% | +0.22 |
| PCTY Paylocity Holding Corp. | Add +5.5% | 1.77% | +0.22 |
| FOUR SHIFT4 Payments Inc. Class A | New | 0.21% | +0.21 |
| PYPL PayPal Holdings Inc. | Add +37.1% | 1.19% | +0.20 |
| GHM Graham Corp. | New | 0.19% | +0.19 |
| SHAK Shake Shack Inc. Class A | New | 0.19% | +0.19 |
| EXLS Exlservice Holdings Inc. | Add +31.9% | 0.46% | +0.17 |
| DOCS Doximity Inc. Class A | Add +29.6% | 0.38% | +0.15 |
| CPRX Catalyst Pharmaceuticals Inc. | New | 0.12% | +0.12 |
| KRYS Krystal Biotech Inc. | New | 0.12% | +0.12 |
| EXEL Exelixis Inc. | New | 0.11% | +0.11 |
| RSP Invesco S&P 500 Equal Weight | New | 0.11% | +0.11 |
| NBIX Neurocrine Biosciences Inc. | New | 0.10% | +0.10 |
| OMCL Omnicell Inc. | Add +40.1% | 0.29% | +0.06 |
| KNF Knife River Corp. | Add +13.7% | 0.35% | +0.05 |
| VOO Vanguard S&P 500 ETF | Add +0.3% | 0.42% | +0.04 |
| MDY State Street SPDR S&P Midcap | Add +0.3% | 0.16% | +0.01 |
| SCHX Schwab US Large-Cap ETF | Add +0.2% | 0.11% | +0.01 |
| CATH Global X S&P 500 Ca Val ETF | Add +0.6% | 0.10% | +0.01 |
| BURL Burlington Stores Inc. | Add +2.5% | 0.91% | −0.01 |
| FIX Comfort Systems USA Inc. | Add +10.8% | 0.94% | −0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 87 | $278.2M | AX, MU, NVDA, GOOGL, TSM |
| Q1 2026 | 82 | $219.7M | AX, NVDA, AVGO, GOOGL, TSM |
| Q4 2025 | 83 | $240.4M | AX, AVGO, NVDA, GOOGL, MSFT |
| Q3 2025 | 97 | $249.9M | AX, AVGO, NVDA, MSFT, GOOGL |
| Q2 2025 | 97 | $244.4M | AX, AVGO, NVDA, PODD, TSM |
| Q1 2025 | 94 | $207.6M | AX, AMZN, GOOGL, META, AVGO |
| Q4 2024 | 89 | $238.9M | AX, NVDA, AVGO, AMZN, GOOGL |
| Q3 2024 | 90 | $240.0M | AX, AVGO, NVDA, AMZN, GOOGL |
| Q2 2024 | 88 | $230.0M | AX, MU, GOOGL, AMZN, AVGO |
| Q1 2024 | 89 | $236.1M | AX, AMZN, MU, GOOGL, AVGO |