Thames Capital Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Thames Capital Management LLC reported 37 stock positions worth $368.9 million. Its top holding was GE Vernova (GEV) at 5.9% of the portfolio, followed by Meta Platforms Class A (META, 5.2%) and Spotify Technology (SPOT, 5.2%). Compared with Q3 2024, it opened 10 new positions, sold out of 11, added to 9 and reduced 3. The biggest buy was Argan (AGX, shares +287%) and the biggest sale an exit from Wayfair Class A (W).
- Most Recent 13F
- Q2 2026
- Location
- Roseland, NJ
- CIK
- 0001714267
- Portfolio Value
- $368.9M (Q4 2024)
- SEC Filing
- 0001714267-25-000002 ↗ filed Feb 13, 2025
Holdings Value
Holdings 37 stocks · $368.9M
| GEV GE Vernova Inc. | 5.90% | 66,209 | $21.8M | No change |
| META Meta Platforms Inc. Class A | 5.24% | 33,027 | $19.3M | No change |
| SPOT Spotify Technology SA | 5.20% | 42,882 | $19.2M | No change |
| VRT Vertiv Holdings Co. Class A | 5.07% | 164,745 | $18.7M | No change |
| NVDA Nvidia Corp. | 4.95% | 135,891 | $18.2M | Add +12.9% |
| MA Mastercard Inc. Class A | 4.91% | 34,423 | $18.1M | No change |
| MSFT Microsoft Corp. | 4.67% | 40,843 | $17.2M | No change |
| AGX Argan Inc. | 4.36% | 117,384 | $16.1M | Add +286.8% |
| CRM Salesforce Inc. | 4.28% | 47,266 | $15.8M | Add +20.6% |
| V Visa Inc. Class A | 4.24% | 49,469 | $15.6M | No change |
| AAPL Apple Inc. | 4.20% | 61,806 | $15.5M | No change |
| TSM Taiwan Semiconductor-SP ADR | 3.59% | 66,976 | $13.2M | Add +71.0% |
| GE General Electric filed as GE AEROSPACE | 3.52% | 77,872 | $13.0M | Add +10.2% |
| BILL Bill Holdings Inc. | 3.36% | 146,366 | $12.4M | Add +109.5% |
| UBER Uber Technologies Inc. | 2.99% | 182,576 | $11.0M | Reduce -4.3% |
| AMZN Amazon.com Inc. | 2.84% | 47,691 | $10.5M | Reduce -30.1% |
| APH Amphenol Corp. Class A | 2.64% | 140,206 | $9.7M | No change |
| TWLO Twilio Inc. Class A | 2.28% | 77,683 | $8.4M | New |
| NOVT Novanta Inc. | 2.21% | 53,301 | $8.1M | No change |
| VST Vistra Corp. | 2.18% | 58,289 | $8.0M | New |
| STRL Sterling Infrastructure Inc. | 2.04% | 44,760 | $7.5M | Add +162.6% |
| TMO Thermo Fisher Scientific Inc. | 1.96% | 13,927 | $7.2M | No change |
| FIX Comfort Systems USA Inc. | 1.86% | 16,155 | $6.9M | New |
| ROAD Construction Partners Inc. Class A | 1.84% | 76,790 | $6.8M | New |
| SMLR Semler Scientific Inc. | 1.75% | 119,722 | $6.5M | New |
| EXLS Exlservice Holdings Inc. | 1.73% | 143,812 | $6.4M | Add +125.9% |
| CART Maplebear Inc. | 1.61% | 143,057 | $5.9M | Reduce -27.9% |
| WIX Wix.com Ltd. | 1.44% | 24,793 | $5.3M | New |
| CHWY Chewy Inc. Class A | 1.30% | 143,715 | $4.8M | Add +42.7% |
| LMB Limbach Holdings Inc. | 1.21% | 52,385 | $4.5M | New |
| TOST Toast Inc. Class A | 1.20% | 121,619 | $4.4M | New |
| AIP Arteris Inc. | 0.81% | 293,973 | $3.0M | No change |
| PEGA Pegasystems Inc. | 0.77% | 30,450 | $2.8M | New |
| CARG Cargurus Inc. | 0.75% | 76,169 | $2.8M | New |
| UFPT Ufp Technologies Inc. | 0.53% | 7,955 | $1.9M | No change |
| KRNT Kornit Digital Ltd. | 0.30% | 35,690 | $1.1M | No change |
| ACA Arcosa Inc. | 0.27% | 10,374 | $1.0M | No change |
Portfolio Sells Q3 2024 → Q4 2024
| W Wayfair Inc. Class A | Sold out | 0.00% | −3.39 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −3.04 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −2.43 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −2.36 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −2.24 |
| KWEB Kranesh Csi China Internet | Sold out | 0.00% | −1.73 |
| UBER Uber Technologies Inc. | Reduce -4.3% | 2.99% | −1.48 |
| FN Fabrinet | Sold out | 0.00% | −1.29 |
| AMZN Amazon.com Inc. | Reduce -30.1% | 2.84% | −1.12 |
| RH RH | Sold out | 0.00% | −0.96 |
| CART Maplebear Inc. | Reduce -27.9% | 1.61% | −0.91 |
| SOXL Direx Dail Semi Bu 3X Et-Usd | Sold out | 0.00% | −0.63 |
| GNRC Generac Holdings Inc. | Sold out | 0.00% | −0.59 |
| ATI Ati Inc. | Sold out | 0.00% | −0.40 |
Portfolio Buys Q3 2024 → Q4 2024
| AGX Argan Inc. | Add +286.8% | 4.36% | +3.40 |
| TWLO Twilio Inc. Class A | New | 2.28% | +2.28 |
| BILL Bill Holdings Inc. | Add +109.5% | 3.36% | +2.21 |
| VST Vistra Corp. | New | 2.18% | +2.18 |
| FIX Comfort Systems USA Inc. | New | 1.86% | +1.86 |
| ROAD Construction Partners Inc. Class A | New | 1.84% | +1.84 |
| SMLR Semler Scientific Inc. | New | 1.75% | +1.75 |
| TSM Taiwan Semiconductor-SP ADR | Add +71.0% | 3.59% | +1.47 |
| WIX Wix.com Ltd. | New | 1.44% | +1.44 |
| STRL Sterling Infrastructure Inc. | Add +162.6% | 2.04% | +1.27 |
| LMB Limbach Holdings Inc. | New | 1.21% | +1.21 |
| TOST Toast Inc. Class A | New | 1.20% | +1.20 |
| EXLS Exlservice Holdings Inc. | Add +125.9% | 1.73% | +0.97 |
| CRM Salesforce Inc. | Add +20.6% | 4.28% | +0.94 |
| PEGA Pegasystems Inc. | New | 0.77% | +0.77 |
| CARG Cargurus Inc. | New | 0.75% | +0.75 |
| NVDA Nvidia Corp. | Add +12.9% | 4.95% | +0.39 |
| CHWY Chewy Inc. Class A | Add +42.7% | 1.30% | +0.39 |
| GE General Electric | Add +10.2% | 3.52% | −0.63 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 56 | $1.2B | STT, GE, MU, GEV, VRT |
| Q1 2026 | 43 | $557.9M | GEV, VRT, TSM, NVDA, HUT |
| Q4 2025 | 48 | $687.8M | GEV, STT, NVDA, AXP, VRT |
| Q3 2025 | 56 | $688.8M | GEV, VRT, HUT, IREN, RKT |
| Q2 2025 | 43 | $441.4M | GEV, VRT, SPOT, MSFT, MA |
| Q1 2025 | 28 | $260.4M | MA, GEV, FAS, V, SPOT |
| Q4 2024 | 37 | $368.9M | GEV, META, SPOT, VRT, NVDA |
| Q3 2024 | 38 | $321.0M | META, MSFT, MA, GEV, VRT |
| Q2 2024 | 25 | $255.4M | MSFT, AAPL, META, MA, AMZN |
| Q1 2024 | 24 | $240.3M | MSFT, META, MA, UBER, AAPL |