Shaker Investments LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 17, 2025), Shaker Investments LLC reported 97 stock positions worth $249.9 million. Its top holding was Axos Financial (AX) at 13.5% of the portfolio, followed by Broadcom (AVGO, 4.9%) and Nvidia (NVDA, 4.9%). Compared with Q2 2025, it opened 15 new positions, sold out of 15, added to 22 and reduced 59. The biggest buy was Microsoft (MSFT, shares +104%) and the biggest sale an exit from Sprouts Farmers Market (SFM).
- Most Recent 13F
- Q2 2026
- Location
- CLEVELAND, OH
- CIK
- 0001009005
- Portfolio Value
- $249.9M (Q3 2025)
- SEC Filing
- 0001009005-25-000013 ↗ filed Oct 17, 2025
Holdings Value
Holdings 97 stocks · $249.9M
| AX Axos Financial Inc. | 13.54% | 399,717 | $33.8M | Reduce -2.6% |
| AVGO Broadcom Inc. | 4.92% | 37,298 | $12.3M | Reduce -11.7% |
| NVDA Nvidia Corp. | 4.92% | 65,930 | $12.3M | Add +2.5% |
| MSFT Microsoft Corp. | 3.40% | 16,384 | $8.5M | Add +103.8% |
| GOOGL Alphabet Inc. Class A | 3.32% | 34,130 | $8.3M | Add +26.3% |
| PODD Insulet Corp. | 2.92% | 23,634 | $7.3M | Add +3.1% |
| TSM Taiwan Semiconductor-SP ADR | 2.84% | 25,455 | $7.1M | Reduce -7.1% |
| AMZN Amazon.com Inc. | 2.66% | 30,283 | $6.6M | Add +31.8% |
| MU Micron Technology Inc. | 2.55% | 38,062 | $6.4M | Add +38.4% |
| JPM JPMorgan Chase & Co. | 2.51% | 19,921 | $6.3M | Reduce -0.0% |
| AGX Argan Inc. | 2.05% | 18,953 | $5.1M | Reduce -0.3% |
| AAPL Apple Inc. | 1.97% | 19,370 | $4.9M | Add +9.6% |
| META Meta Platforms Inc. Class A | 1.90% | 6,475 | $4.8M | Reduce -0.1% |
| ORLY O'reilly Automotive Inc. | 1.81% | 41,963 | $4.5M | Reduce -0.7% |
| IRMD Iradimed Corp. | 1.80% | 63,199 | $4.5M | Add +18.9% |
| UBER Uber Technologies Inc. | 1.79% | 45,716 | $4.5M | Reduce -0.1% |
| OLLI Ollie's Bargain Outlet Holdi | 1.79% | 34,843 | $4.5M | Reduce -0.3% |
| CASY Casey's General Stores Inc. | 1.79% | 7,905 | $4.5M | Reduce -14.9% |
| ANET Arista Networks Inc. | 1.78% | 30,547 | $4.5M | Reduce -0.2% |
| NFLX Netflix Inc. | 1.71% | 3,561 | $4.3M | Reduce -0.0% |
| MCHP Microchip Technology Inc. | 1.59% | 61,927 | $4.0M | Add +9.3% |
| FTNT Fortinet Inc. | 1.39% | 41,313 | $3.5M | Reduce -0.2% |
| WTFC Wintrust Financial Corp. | 1.39% | 26,185 | $3.5M | Reduce -0.6% |
| EOG EOG Resources Inc. | 1.35% | 30,194 | $3.4M | Reduce -0.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.31% | 37,483 | $3.3M | Reduce -0.2% |
| GS Goldman Sachs Group Inc. | 1.24% | 3,893 | $3.1M | Reduce -0.1% |
| MS Morgan Stanley | 1.15% | 18,013 | $2.9M | Reduce -0.2% |
| DXCM Dexcom Inc. | 1.08% | 39,977 | $2.7M | Reduce -16.3% |
| V Visa Inc. Class A | 1.04% | 7,579 | $2.6M | Reduce -0.1% |
| CELH Celsius Holdings Inc. | 1.01% | 44,099 | $2.5M | Reduce -0.3% |
| MSI Motorola Solutions Inc. | 0.92% | 5,034 | $2.3M | Reduce -23.1% |
| BKNG Booking Holdings Inc. | 0.89% | 412 | $2.2M | No change |
| VRT Vertiv Holdings Co. Class A | 0.89% | 14,724 | $2.2M | New |
| PAYC Paycom Software Inc. | 0.88% | 10,619 | $2.2M | Reduce -25.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.84% | 3,169 | $2.1M | Add +0.7% |
| FIX Comfort Systems USA Inc. | 0.83% | 2,525 | $2.1M | Reduce -49.1% |
| VGK Vanguard Ftse Europe ETF | 0.81% | 25,223 | $2.0M | Reduce -0.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.77% | 24,459 | $1.9M | Add +12.2% |
| MA Mastercard Inc. Class A | 0.76% | 3,356 | $1.9M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.75% | 13,033 | $1.9M | Reduce -0.1% |
| CSGP Costar Group Inc. | 0.73% | 21,583 | $1.8M | New |
| KNSL Kinsale Capital Group Inc. | 0.72% | 4,230 | $1.8M | Reduce -10.6% |
| DHI D.R. Horton Inc. | 0.72% | 10,553 | $1.8M | New |
| TXRH Texas Roadhouse Inc. | 0.71% | 10,629 | $1.8M | Reduce -45.0% |
| ESE Esco Technologies Inc. | 0.60% | 7,151 | $1.5M | Add +21.5% |
| DUOL Duolingo | 0.58% | 4,522 | $1.5M | Add +26.0% |
| LSCC Lattice Semiconductor Corp. | 0.58% | 19,737 | $1.4M | Add +29.8% |
| HALO Halozyme Therapeutics Inc. | 0.56% | 18,990 | $1.4M | Reduce -50.1% |
| SRAD Sportradar Group AG-A | 0.55% | 51,102 | $1.4M | Reduce -19.0% |
| CART Maplebear Inc. | 0.54% | 36,904 | $1.4M | Reduce -9.9% |
| DOCS Doximity Inc. Class A | 0.51% | 17,323 | $1.3M | Reduce -0.4% |
| VEEV Veeva Systems Inc. Class A | 0.50% | 4,166 | $1.2M | Reduce -0.4% |
| PCTY Paylocity Holding Corp. | 0.48% | 7,461 | $1.2M | Reduce -60.5% |
| IWO iShares Russell 2000 Growth | 0.43% | 3,385 | $1.1M | Add +355.6% |
| TT Trane Technologies PLC | 0.42% | 2,494 | $1.1M | New |
| VOO Vanguard S&P 500 ETF | 0.41% | 1,663 | $1.0M | Add +0.2% |
| ETN Eaton Corp. PLC | 0.40% | 2,672 | $1000K | New |
| OPRA Opera Ltd.-ADR | 0.35% | 42,224 | $872K | Add +8.4% |
| CR Crane Co. | 0.34% | 4,574 | $842K | New |
| MPWR Monolithic Power Systems Inc. | 0.32% | 857 | $789K | Reduce -0.5% |
| DT Dynatrace Inc. | 0.31% | 16,173 | $784K | Reduce -19.1% |
| NOW ServiceNow Inc. | 0.31% | 838 | $771K | Reduce -77.6% |
| FOUR SHIFT4 Payments Inc. Class A | 0.28% | 8,986 | $696K | Add +61.7% |
| DIOD Diodes Inc. | 0.28% | 13,031 | $693K | Reduce -22.1% |
| ARRY Array Technologies Inc. | 0.26% | 79,145 | $645K | New |
| CGNX Cognex Corp. | 0.26% | 14,090 | $638K | New |
| WRBY Warby Parker Inc. Class A | 0.25% | 22,959 | $633K | Reduce -19.0% |
| GHM Graham Corp. | 0.25% | 11,221 | $616K | Reduce -18.6% |
| EXLS Exlservice Holdings Inc. | 0.24% | 13,619 | $600K | Reduce -45.9% |
| EEFT Euronet Worldwide Inc. | 0.22% | 6,221 | $546K | Add +31.4% |
| MTDR Matador Resources Co. | 0.21% | 11,850 | $532K | Reduce -19.1% |
| STRL Sterling Infrastructure Inc. | 0.21% | 1,557 | $529K | New |
| PLPC Preformed Line Products Co. | 0.21% | 2,630 | $516K | Reduce -19.1% |
| CACI Caci International Inc. Class A | 0.19% | 960 | $479K | Reduce -18.7% |
| CORT Corcept Therapeutics Inc. | 0.19% | 5,648 | $469K | Reduce -19.0% |
| CRDO Credo Technology Group Holdi | 0.18% | 3,129 | $456K | New |
| ELF Elf Beauty Inc. | 0.17% | 3,293 | $436K | Reduce -19.1% |
| BOOT Boot Barn Holdings Inc. | 0.17% | 2,628 | $436K | Reduce -19.1% |
| KNF Knife River Corp. | 0.17% | 5,539 | $426K | Reduce -44.1% |
| MHO M/I Homes Inc. | 0.17% | 2,924 | $422K | New |
| VCSH Vanguard S/T Corp. Bond ETF | 0.17% | 5,170 | $413K | Reduce -20.9% |
| TXNM TXNM Energy Inc. | 0.16% | 7,242 | $410K | Reduce -19.1% |
| IMKTA Ingles Markets Inc. Class A | 0.16% | 5,835 | $406K | Reduce -19.0% |
| OEF iShares S&P 100 ETF | 0.16% | 1,219 | $406K | New |
| LMAT Lemaitre Vascular Inc. | 0.16% | 4,614 | $404K | Reduce -19.0% |
| HQY Healthequity Inc. | 0.15% | 3,953 | $375K | Reduce -18.7% |
| MDY State Street SPDR S&P Midcap | 0.15% | 612 | $365K | Add +0.3% |
| G Genpact Ltd. | 0.14% | 8,095 | $339K | Reduce -18.7% |
| CNXC Concentrix Corp. | 0.13% | 7,089 | $327K | New |
| CPRX Catalyst Pharmaceuticals Inc. | 0.13% | 16,186 | $319K | Reduce -19.0% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.12% | 6,896 | $295K | Add +2.6% |
| SPSC SPS Commerce Inc. | 0.10% | 2,432 | $253K | Reduce -19.1% |
| CATH Global X S&P 500 Ca Val ETF | 0.10% | 3,101 | $251K | Add +0.4% |
| OGE Oge Energy Corp. | 0.09% | 4,604 | $213K | Reduce -19.1% |
| NBIX Neurocrine Biosciences Inc. | 0.08% | 1,501 | $211K | Reduce -19.1% |
| ALG Alamo Group Inc. | 0.08% | 1,076 | $205K | Reduce -59.8% |
| DIVB iShares Core Dividend ETF | 0.08% | 3,919 | $205K | New |
Portfolio Sells Q2 2025 → Q3 2025
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −1.65 |
| NOW ServiceNow Inc. | Reduce -77.6% | 0.31% | −1.27 |
| CRM Salesforce Inc. | Sold out | 0.00% | −1.20 |
| PGR Progressive Corp. | Sold out | 0.00% | −1.07 |
| PCTY Paylocity Holding Corp. | Reduce -60.5% | 0.48% | −0.92 |
| TXRH Texas Roadhouse Inc. | Reduce -45.0% | 0.71% | −0.77 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.67 |
| MNST Monster Beverage Corp. | Sold out | 0.00% | −0.65 |
| DXCM Dexcom Inc. | Reduce -16.3% | 1.08% | −0.63 |
| ZBRA Zebra Technologies Corp. Class A | Sold out | 0.00% | −0.59 |
| MMSI Merit Medical Systems Inc. | Sold out | 0.00% | −0.57 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.56 |
| LNTH Lantheus Holdings Inc. | Sold out | 0.00% | −0.51 |
| PAYC Paycom Software Inc. | Reduce -25.7% | 0.88% | −0.47 |
| GRND Grindr Inc. | Sold out | 0.00% | −0.41 |
| FTNT Fortinet Inc. | Reduce -0.2% | 1.39% | −0.40 |
| FVRR Fiverr International Ltd. | Sold out | 0.00% | −0.26 |
| FIX Comfort Systems USA Inc. | Reduce -49.1% | 0.83% | −0.26 |
| HALO Halozyme Therapeutics Inc. | Reduce -50.1% | 0.56% | −0.25 |
| NFLX Netflix Inc. | Reduce -0.0% | 1.71% | −0.24 |
| EXEL Exelixis Inc. | Sold out | 0.00% | −0.22 |
| KNSL Kinsale Capital Group Inc. | Reduce -10.6% | 0.72% | −0.22 |
| CART Maplebear Inc. | Reduce -9.9% | 0.54% | −0.22 |
| EXLS Exlservice Holdings Inc. | Reduce -45.9% | 0.24% | −0.21 |
| MSI Motorola Solutions Inc. | Reduce -23.1% | 0.92% | −0.20 |
| SRAD Sportradar Group AG-A | Reduce -19.0% | 0.55% | −0.18 |
| KNF Knife River Corp. | Reduce -44.1% | 0.17% | −0.16 |
| ALG Alamo Group Inc. | Reduce -59.8% | 0.08% | −0.16 |
| CASY Casey's General Stores Inc. | Reduce -14.9% | 1.79% | −0.15 |
| DT Dynatrace Inc. | Reduce -19.1% | 0.31% | −0.14 |
| EOG EOG Resources Inc. | Reduce -0.2% | 1.35% | −0.13 |
| SCHX Schwab US Large-Cap ETF | Sold out | 0.00% | −0.10 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -0.3% | 1.79% | −0.09 |
| NWE Northwestern Energy Group Inc. | Sold out | 0.00% | −0.09 |
| SCHM Schwab US Mid Cap ETF | Sold out | 0.00% | −0.08 |
| DIOD Diodes Inc. | Reduce -22.1% | 0.28% | −0.08 |
| MTDR Matador Resources Co. | Reduce -19.1% | 0.21% | −0.07 |
| V Visa Inc. Class A | Reduce -0.1% | 1.04% | −0.07 |
| SPSC SPS Commerce Inc. | Reduce -19.1% | 0.10% | −0.07 |
| HQY Healthequity Inc. | Reduce -18.7% | 0.15% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -0.1% | 1.90% | −0.05 |
| CPRX Catalyst Pharmaceuticals Inc. | Reduce -19.0% | 0.13% | −0.05 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -20.9% | 0.17% | −0.05 |
| G Genpact Ltd. | Reduce -18.7% | 0.14% | −0.04 |
| TXNM TXNM Energy Inc. | Reduce -19.1% | 0.16% | −0.04 |
| CACI Caci International Inc. Class A | Reduce -18.7% | 0.19% | −0.04 |
| GHM Graham Corp. | Reduce -18.6% | 0.25% | −0.03 |
| ELF Elf Beauty Inc. | Reduce -19.1% | 0.17% | −0.03 |
| LMAT Lemaitre Vascular Inc. | Reduce -19.0% | 0.16% | −0.03 |
| BOOT Boot Barn Holdings Inc. | Reduce -19.1% | 0.17% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | Add +103.8% | 3.40% | +1.76 |
| GOOGL Alphabet Inc. Class A | Add +26.3% | 3.32% | +1.37 |
| MU Micron Technology Inc. | Add +38.4% | 2.55% | +1.16 |
| VRT Vertiv Holdings Co. Class A | New | 0.89% | +0.89 |
| MA Mastercard Inc. Class A | New | 0.76% | +0.76 |
| NVDA Nvidia Corp. | Add +2.5% | 4.92% | +0.76 |
| CSGP Costar Group Inc. | New | 0.73% | +0.73 |
| DHI D.R. Horton Inc. | New | 0.72% | +0.72 |
| AMZN Amazon.com Inc. | Add +31.8% | 2.66% | +0.60 |
| IRMD Iradimed Corp. | Add +18.9% | 1.80% | +0.50 |
| AAPL Apple Inc. | Add +9.6% | 1.97% | +0.49 |
| TT Trane Technologies PLC | New | 0.42% | +0.42 |
| ETN Eaton Corp. PLC | New | 0.40% | +0.40 |
| IWO iShares Russell 2000 Growth | Add +355.6% | 0.43% | +0.35 |
| CR Crane Co. | New | 0.34% | +0.34 |
| LSCC Lattice Semiconductor Corp. | Add +29.8% | 0.58% | +0.27 |
| ARRY Array Technologies Inc. | New | 0.26% | +0.26 |
| CGNX Cognex Corp. | New | 0.26% | +0.26 |
| STRL Sterling Infrastructure Inc. | New | 0.21% | +0.21 |
| CRDO Credo Technology Group Holdi | New | 0.18% | +0.18 |
| MHO M/I Homes Inc. | New | 0.17% | +0.17 |
| OEF iShares S&P 100 ETF | New | 0.16% | +0.16 |
| ESE Esco Technologies Inc. | Add +21.5% | 0.60% | +0.14 |
| CNXC Concentrix Corp. | New | 0.13% | +0.13 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +12.2% | 0.77% | +0.12 |
| DIVB iShares Core Dividend ETF | New | 0.08% | +0.08 |
| FOUR SHIFT4 Payments Inc. Class A | Add +61.7% | 0.28% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.7% | 0.84% | +0.05 |
| OPRA Opera Ltd.-ADR | Add +8.4% | 0.35% | +0.05 |
| EEFT Euronet Worldwide Inc. | Add +31.4% | 0.22% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +0.2% | 0.41% | +0.02 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +2.6% | 0.12% | +0.01 |
| CATH Global X S&P 500 Ca Val ETF | Add +0.4% | 0.10% | +0.01 |
| MDY State Street SPDR S&P Midcap | Add +0.3% | 0.15% | +0.00 |
| DUOL Duolingo | Add +26.0% | 0.58% | −0.02 |
| PODD Insulet Corp. | Add +3.1% | 2.92% | −0.03 |
| MCHP Microchip Technology Inc. | Add +9.3% | 1.59% | −0.04 |
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 |