Totem Point Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Totem Point Management, LLC reported 16 stock positions worth $94.4 million. Its top holding was S&P Global (SPGI) at 13.6% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 12.1%) and Take-Two Interactive Softwre (TTWO, 11.8%). Compared with Q3 2024, it opened 4 new positions, sold out of 4, added to 5 and reduced 7. The biggest buy was Take-Two Interactive Softwre (TTWO, shares +122%) and the biggest sale Analog Devices (ADI, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001759364
- Portfolio Value
- $94.4M (Q4 2024)
- SEC Filing
- 0001759364-25-000001 ↗ filed Feb 14, 2025
Holdings Value
Holdings 16 stocks · $94.4M
| SPGI S&P Global Inc. | 13.62% | 25,800 | $12.8M | Add +17.1% |
| TSM Taiwan Semiconductor-SP ADR | 12.14% | 58,016 | $11.5M | Reduce -2.7% |
| TTWO Take-Two Interactive Softwre | 11.78% | 60,401 | $11.1M | Add +122.1% |
| BKNG Booking Holdings Inc. | 10.04% | 1,907 | $9.5M | Add +76.4% |
| SPOT Spotify Technology SA | 9.87% | 20,815 | $9.3M | Reduce -33.9% |
| NVDA Nvidia Corp. | 7.85% | 55,157 | $7.4M | Reduce -36.9% |
| MRVL Marvell Technology Inc. | 6.79% | 58,052 | $6.4M | New |
| MMYT Makemytrip Ltd. | 4.00% | 33,577 | $3.8M | Add +30.2% |
| PEGA Pegasystems Inc. | 3.98% | 40,252 | $3.8M | Reduce -29.4% |
| GRMN Garmin Ltd. | 3.83% | 17,513 | $3.6M | Add +80.2% |
| SE Sea Ltd.-ADR | 3.69% | 32,789 | $3.5M | Reduce -41.7% |
| TSLA Tesla Inc. | 3.26% | 7,612 | $3.1M | New |
| ADI Analog Devices Inc. | 2.89% | 12,847 | $2.7M | Reduce -72.0% |
| NOW ServiceNow Inc. | 2.79% | 2,481 | $2.6M | Reduce -21.4% |
| CHTR Charter Communications Inc. Class A | 2.13% | 5,867 | $2.0M | New |
| RDDT Reddit Inc. Class A | 1.35% | 7,786 | $1.3M | New |
Portfolio Sells Q3 2024 → Q4 2024
| ADI Analog Devices Inc. | Reduce -72.0% | 2.89% | −8.25 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −7.12 |
| MSCI MSCI Inc. | Sold out | 0.00% | −6.04 |
| NVDA Nvidia Corp. | Reduce -36.9% | 7.85% | −3.37 |
| SPOT Spotify Technology SA | Reduce -33.9% | 9.87% | −2.39 |
| SE Sea Ltd.-ADR | Reduce -41.7% | 3.69% | −1.92 |
| ON On Semiconductor | Sold out | 0.00% | −1.51 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −1.13 |
| PEGA Pegasystems Inc. | Reduce -29.4% | 3.98% | −0.43 |
| NOW ServiceNow Inc. | Reduce -21.4% | 2.79% | −0.20 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -2.7% | 12.14% | +1.19 |
Portfolio Buys Q3 2024 → Q4 2024
| TTWO Take-Two Interactive Softwre | Add +122.1% | 11.78% | +7.36 |
| MRVL Marvell Technology Inc. | New | 6.79% | +6.79 |
| BKNG Booking Holdings Inc. | Add +76.4% | 10.04% | +5.23 |
| TSLA Tesla Inc. | New | 3.26% | +3.26 |
| CHTR Charter Communications Inc. Class A | New | 2.13% | +2.13 |
| GRMN Garmin Ltd. | Add +80.2% | 3.83% | +2.02 |
| SPGI S&P Global Inc. | Add +17.1% | 13.62% | +1.58 |
| MMYT Makemytrip Ltd. | Add +30.2% | 4.00% | +1.46 |
| RDDT Reddit Inc. Class A | New | 1.35% | +1.35 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 18 | $163.5M | CBRS, TSM, LRCX, NVDA, AMD |
| Q1 2026 | 17 | $78.4M | NVDA, AMD, ON, TSM, SPOT |
| Q4 2025 | 14 | $100.2M | SPOT, SPGI, TSM, NVDA, TTWO |
| Q3 2025 | 15 | $112.1M | NVDA, TSM, TTWO, SPOT, MU |
| Q2 2025 | 12 | $95.0M | SPOT, SPGI, NVDA, TTWO, SE |
| Q1 2025 | 13 | $81.2M | SPGI, SPOT, TTWO, SE, TSM |
| Q4 2024 | 16 | $94.4M | SPGI, TSM, TTWO, BKNG, SPOT |
| Q3 2024 | 16 | $94.6M | SPOT, SPGI, NVDA, ADI, TSM |
| Q2 2024 | 15 | $68.3M | SPOT, SPGI, TSM, ADI, NVDA |
| Q1 2024 | 16 | $91.4M | SPGI, NVDA, MSCI, MU, TSM |