Tran Capital Management, L.P.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 17, 2024), Tran Capital Management, L.P. reported 51 stock positions worth $862.0 million. Its top holding was Microsoft (MSFT) at 8.0% of the portfolio, followed by Amazon.com (AMZN, 7.9%) and Aercap (AER, 6.7%). Compared with Q1 2024, it opened 8 new positions, sold out of 4, added to 12 and reduced 18. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale an exit from Equinix (EQIX).
- Most Recent 13F
- Q2 2026
- Location
- SAN RAFAEL, CA
- CIK
- 0001009262
- Portfolio Value
- $862.0M (Q2 2024)
- SEC Filing
- 0001104659-24-080537 ↗ filed Jul 17, 2024
Holdings Value
Holdings 51 stocks · $862.0M
| MSFT Microsoft Corp. | 7.99% | 154,045 | $68.9M | Reduce -1.7% |
| AMZN Amazon.com Inc. | 7.92% | 353,463 | $68.3M | Reduce -2.7% |
| AER Aercap Holdings NV | 6.74% | 623,466 | $58.1M | Reduce -3.4% |
| NVDA Nvidia Corp. | 6.49% | 452,633 | $55.9M | New |
| DHR Danaher Corp. | 5.67% | 195,723 | $48.9M | Reduce -5.1% |
| FERG Ferguson Jersey Ltd. | 5.33% | 237,181 | $45.9M | Reduce -3.4% |
| PANW Palo Alto Networks Inc. | 5.11% | 129,829 | $44.0M | Reduce -2.4% |
| TSM Taiwan Semiconductor-SP ADR | 4.64% | 230,273 | $40.0M | Add +93.9% |
| TMUS T-Mobile US Inc. | 4.34% | 212,339 | $37.4M | Reduce -2.5% |
| META Meta Platforms Inc. Class A | 4.32% | 73,895 | $37.3M | Add +7.8% |
| ENTG Entegris Inc. | 3.95% | 251,650 | $34.1M | Reduce -18.7% |
| INTU Intuit Inc. | 3.73% | 48,940 | $32.2M | Add +8.4% |
| SCHW Schwab (charles) Corp. | 3.59% | 420,072 | $31.0M | Reduce -3.0% |
| IQV Iqvia Holdings Inc. | 3.59% | 146,178 | $30.9M | Reduce -7.0% |
| MLM Martin Marietta Materials | 3.42% | 54,332 | $29.4M | Reduce -3.3% |
| BALL Ball Corp. | 3.33% | 478,839 | $28.7M | Reduce -26.1% |
| SHW The Sherwin-Williams Co. | 2.88% | 83,074 | $24.8M | Reduce -28.2% |
| CRM Salesforce Inc. | 2.87% | 96,148 | $24.7M | Add +6.6% |
| GOOGL Alphabet Inc. Class A | 2.49% | 117,818 | $21.5M | Reduce -9.7% |
| PGR Progressive Corp. | 1.80% | 74,786 | $15.5M | Reduce -37.5% |
| PYPL PayPal Holdings Inc. | 1.77% | 263,322 | $15.3M | Reduce -54.0% |
| GTLB Gitlab Inc. Class A | 1.16% | 200,628 | $10.0M | Add +127.6% |
| UNH Unitedhealth Group Inc. | 1.15% | 19,469 | $9.9M | Add +31.5% |
| EXPE Expedia Group Inc. | 1.05% | 71,768 | $9.0M | Add +102.7% |
| ACN Accenture PLC Class A | 1.00% | 28,309 | $8.6M | Add +10.5% |
| AMN Amn Healthcare Services Inc. | 0.94% | 157,618 | $8.1M | New |
| DHI D.R. Horton Inc. | 0.51% | 31,413 | $4.4M | New |
| GGG Graco Inc. | 0.30% | 32,213 | $2.6M | Reduce -2.4% |
| KEYS Keysight Technologies Inc. | 0.23% | 14,406 | $2.0M | Reduce -2.9% |
| EXR Extra Space Storage Inc. | 0.21% | 11,910 | $1.9M | No change |
| FICO Fair Isaac Corp. | 0.21% | 1,229 | $1.8M | New |
| AAPL Apple Inc. | 0.21% | 8,517 | $1.8M | Add +335.0% |
| BF.B Brown-Forman Corp. Class B | 0.10% | 20,075 | $867K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.10% | 1,555 | $846K | Add +1.3% |
| AFL Aflac Inc. | 0.08% | 8,000 | $714K | No change |
| TSLA Tesla Inc. | 0.07% | 3,100 | $613K | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.07% | 5,787 | $575K | No change |
| EEM iShares MSCI Emerging Market | 0.06% | 12,475 | $531K | Add +23.2% |
| SCHP Schwab U.S. Tips ETF | 0.06% | 9,580 | $498K | No change |
| SCHR Schwab Intermediate-Term US | 0.06% | 10,141 | $495K | No change |
| AMD Advanced Micro Devices | 0.06% | 2,968 | $481K | New |
| IWM iShares Russell 2000 ETF | 0.05% | 2,325 | $472K | Add +13.4% |
| XYZ Block Inc. | 0.05% | 6,768 | $436K | No change |
| RSP Invesco S&P 500 Equal Weight | 0.05% | 2,560 | $421K | No change |
| VMBS Vanguard Mortgage-Backed Sec | 0.05% | 9,179 | $417K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.05% | 5,400 | $392K | No change |
| TXN Texas Instruments Inc. | 0.05% | 2,000 | $389K | No change |
| IEF iShares 7-10 Year Treasury B | 0.04% | 3,450 | $323K | New |
| TECH Bio-Techne Corp. | 0.03% | 4,000 | $287K | No change |
| PFF iShares Preferred & Income S | 0.03% | 7,115 | $224K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.02% | 500 | $203K | New |
Portfolio Sells Q1 2024 → Q2 2024
| EQIX Equinix Inc. | Sold out | 0.00% | −3.69 |
| PYPL PayPal Holdings Inc. | Reduce -54.0% | 1.77% | −2.49 |
| APTV Aptiv Irish Holdings Ltd. | Sold out | 0.00% | −1.90 |
| SHW The Sherwin-Williams Co. | Reduce -28.2% | 2.88% | −1.60 |
| BALL Ball Corp. | Reduce -26.1% | 3.33% | −1.52 |
| BKR Baker Hughes Co. | Sold out | 0.00% | −1.17 |
| PGR Progressive Corp. | Reduce -37.5% | 1.80% | −0.96 |
| PLNT Planet Fitness Inc. Class A | Sold out | 0.00% | −0.92 |
| ENTG Entegris Inc. | Reduce -18.7% | 3.95% | −0.89 |
| IQV Iqvia Holdings Inc. | Reduce -7.0% | 3.59% | −0.84 |
| FERG Ferguson Jersey Ltd. | Reduce -3.4% | 5.33% | −0.64 |
| MLM Martin Marietta Materials | Reduce -3.3% | 3.42% | −0.42 |
| DHR Danaher Corp. | Reduce -5.1% | 5.67% | −0.06 |
| GGG Graco Inc. | Reduce -2.4% | 0.30% | −0.05 |
| KEYS Keysight Technologies Inc. | Reduce -2.9% | 0.23% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -3.0% | 3.59% | +0.10 |
| GOOGL Alphabet Inc. Class A | Reduce -9.7% | 2.49% | +0.30 |
| TMUS T-Mobile US Inc. | Reduce -2.5% | 4.34% | +0.38 |
| AER Aercap Holdings NV | Reduce -3.4% | 6.74% | +0.50 |
| AMZN Amazon.com Inc. | Reduce -2.7% | 7.92% | +0.63 |
| MSFT Microsoft Corp. | Reduce -1.7% | 7.99% | +0.65 |
| PANW Palo Alto Networks Inc. | Reduce -2.4% | 5.11% | +0.90 |
Portfolio Buys Q1 2024 → Q2 2024
| NVDA Nvidia Corp. | New | 6.49% | +6.49 |
| TSM Taiwan Semiconductor-SP ADR | Add +93.9% | 4.64% | +2.84 |
| AMN Amn Healthcare Services Inc. | New | 0.94% | +0.94 |
| META Meta Platforms Inc. Class A | Add +7.8% | 4.32% | +0.62 |
| GTLB Gitlab Inc. Class A | Add +127.6% | 1.16% | +0.58 |
| DHI D.R. Horton Inc. | New | 0.51% | +0.51 |
| EXPE Expedia Group Inc. | Add +102.7% | 1.05% | +0.51 |
| INTU Intuit Inc. | Add +8.4% | 3.73% | +0.47 |
| UNH Unitedhealth Group Inc. | Add +31.5% | 1.15% | +0.33 |
| FICO Fair Isaac Corp. | New | 0.21% | +0.21 |
| AAPL Apple Inc. | Add +335.0% | 0.21% | +0.17 |
| TSLA Tesla Inc. | New | 0.07% | +0.07 |
| AMD Advanced Micro Devices | New | 0.06% | +0.06 |
| IEF iShares 7-10 Year Treasury B | New | 0.04% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.02% | +0.02 |
| EEM iShares MSCI Emerging Market | Add +23.2% | 0.06% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.3% | 0.10% | +0.01 |
| ACN Accenture PLC Class A | Add +10.5% | 1.00% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +13.4% | 0.05% | +0.01 |
| CRM Salesforce Inc. | Add +6.6% | 2.87% | −0.16 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 66 | $868.7M | ARM, PANW, NVDA, AMZN, GOOGL |
| Q1 2026 | 71 | $728.3M | NVDA, ARM, FERG, AMZN, MSFT |
| Q4 2025 | 73 | $834.9M | NVDA, TLN, AMZN, MSFT, DHR |
| Q3 2025 | 71 | $836.6M | TLN, NVDA, MSFT, AMZN, FERG |
| Q2 2025 | 68 | $849.6M | MSFT, AMZN, NVDA, TLN, META |
| Q1 2025 | 65 | $743.3M | AMZN, TLN, MSFT, NVDA, DHR |
| Q4 2024 | 63 | $881.9M | AMZN, MSFT, TLN, NVDA, AER |
| Q3 2024 | 61 | $928.5M | MSFT, AMZN, TLN, NVDA, DHR |
| Q2 2024 | 51 | $862.0M | MSFT, AMZN, AER, NVDA, DHR |
| Q1 2024 | 47 | $898.2M | MSFT, AMZN, AER, FERG, DHR |