Value Aligned Research Advisors, LLC In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 18, 2025), Value Aligned Research Advisors, LLC reported 27 stock positions worth $358.0 million . Its top holding was Vertiv Class A (VRT) at 13.3% of the portfolio, followed by Marvell Technology (MRVL, 9.5% ) and GE Vernova (GEV, 9.2% ). Compared with Q3 2024, it opened 14 new positions, sold out of 8, added to 2 and reduced 11. The biggest buy was a new position in GE Vernova (GEV) and the biggest sale an exit from Applied Materials (AMAT).
Location PRINCETON, NJ
CIK 0001963565
Portfolio Value $358.0M (Q4 2024) Holdings 27 stocks · $358.0M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2024 VRT Vertiv Holdings Co. Class A 420,124 $47.7M Reduce -7.8% MRVL Marvell Technology Inc. 308,464 $34.1M Reduce -61.1% GEV GE Vernova Inc. 99,684 $32.8M New ONTO Onto Innovation Inc. 180,351 $30.1M Reduce -25.8% RIOT Riot Platforms Inc. 2,786,867 $28.5M New BE Bloom Energy Corp. Class A 1,280,849 $28.4M New MU Micron Technology Inc. 297,424 $25.0M New ALAB Astera Labs Inc. 145,748 $19.3M New CAMT Camtek Ltd. 229,583 $18.5M Add +7.4% VST Vistra Corp. 120,364 $16.6M New NBIS Nebius Group NV 520,478 $14.4M New CEG Constellation Energy 53,783 $12.0M New COHR Coherent Corp. 103,019 $9.8M Reduce -70.7% CLS Celestica Inc. 82,676 $7.6M Add +7.1% FN Fabrinet 33,570 $7.4M Reduce -50.5% SGOV iShares 0-3 Month Treasury B 71,010 $7.1M New NRG NRG Energy Inc. 72,380 $6.5M New ANET Arista Networks Inc. 46,828 $5.2M Reduce -88.1% TSSI TSS Inc. 188,146 $2.2M New NVDA Nvidia Corp. 12,921 $1.7M Reduce -70.0% OKLO Oklo Inc. 56,966 $1.2M New AMZN Amazon.com Inc. 2,638 $579K New TSM Taiwan Semiconductor-SP ADR 1,370 $271K Reduce -78.5% AVGO Broadcom Inc. 1,137 $264K Reduce -87.1% GOOG Alphabet Inc. Class C 1,198 $228K Reduce -72.2% GOOGL Alphabet Inc. Class A 1,175 $222K New MSFT Microsoft Corp. 382 $161K Reduce -80.7%
Options reported separately and not counted above: NVDA calls ($2.1M), TSM calls ($1.6M), AVGO calls ($1.3M), MRVL calls ($510K), GOOGL calls ($509K), VRT calls ($414K), MU calls ($221K), GEV calls ($216K), ALAB calls ($190K), CEG calls ($140K), CLS calls ($125K), RIOT calls ($114K), and 8 more.
Portfolio Sells Q3 2024 → Q4 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▲ AMAT Applied Materials Inc. Sold out 0.00% −12.69 LRCX Lam Research Corp. Sold out 0.00% −10.73 ANET Arista Networks Inc. Reduce -88.1% 1.45% −8.36 COHR Coherent Corp. Reduce -70.7% 2.73% −5.40 MRVL Marvell Technology Inc. Reduce -61.1% 9.52% −5.35 ONTO Onto Innovation Inc. Reduce -25.8% 8.40% −4.71 SMCI Super Micro Computer Inc. Sold out 0.00% −4.21 FN Fabrinet Reduce -50.5% 2.06% −2.10 KLAC KLA Corp. Sold out 0.00% −1.84 NVDA Nvidia Corp. Reduce -70.0% 0.48% −1.01 AVGO Broadcom Inc. Reduce -87.1% 0.07% −0.37 TSM Taiwan Semiconductor-SP ADR Reduce -78.5% 0.08% −0.28 MSFT Microsoft Corp. Reduce -80.7% 0.04% −0.19 CAMTEK LTD/ISRAEL (CAMT 0 12/01/26) Sold out 0.00% −0.18 ASML ASML Holding NV-NY Reg SHS Sold out 0.00% −0.13 SMTC Semtech Corp. Sold out 0.00% −0.13 GOOG Alphabet Inc. Class C Reduce -72.2% 0.06% −0.12 AMD Advanced Micro Devices Sold out 0.00% −0.07 VRT Vertiv Holdings Co. Class A Reduce -7.8% 13.33% +1.54
Portfolio Buys Q3 2024 → Q4 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▼ GEV GE Vernova Inc. New 9.16% +9.16 RIOT Riot Platforms Inc. New 7.95% +7.95 BE Bloom Energy Corp. Class A New 7.95% +7.95 MU Micron Technology Inc. New 6.99% +6.99 ALAB Astera Labs Inc. New 5.39% +5.39 VST Vistra Corp. New 4.64% +4.64 NBIS Nebius Group NV New 4.03% +4.03 CEG Constellation Energy New 3.36% +3.36 SGOV iShares 0-3 Month Treasury B New 1.99% +1.99 NRG NRG Energy Inc. New 1.82% +1.82 CLS Celestica Inc. Add +7.1% 2.13% +1.10 CAMT Camtek Ltd. Add +7.4% 5.18% +0.75 TSSI TSS Inc. New 0.62% +0.62 OKLO Oklo Inc. New 0.34% +0.34 AMZN Amazon.com Inc. New 0.16% +0.16 GOOGL Alphabet Inc. Class A New 0.06% +0.06
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ NVDA Nvidia Corp. call New 168,100 $2.1M TSM Taiwan Semiconductor-SP ADR call New 105,800 $1.6M AVGO Broadcom Inc. call New 46,000 $1.3M MRVL Marvell Technology Inc. call New 40,900 $510K GOOGL Alphabet Inc. Class A call New 56,900 $509K VRT Vertiv Holdings Co. Class A call New 46,500 $414K MU Micron Technology Inc. call New 45,500 $221K GEV GE Vernova Inc. call New 9,900 $216K ALAB Astera Labs Inc. call New 8,200 $190K CEG Constellation Energy call New 14,400 $140K CLS Celestica Inc. call New 9,600 $125K RIOT Riot Platforms Inc. call New 70,000 $114K MSFT Microsoft Corp. call New 23,100 $110K COHR Coherent Corp. call New 7,000 $70K BE Bloom Energy Corp. Class A call New 27,100 $57K NRG NRG Energy Inc. call New 10,000 $50K NBIS Nebius Group NV call New 6,000 $46K AMZN Amazon.com Inc. call New 6,000 $31K VST Vistra Corp. call New 2,000 $30K ANET Arista Networks Inc. call New 2,700 $24K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 59 $16.7B BE, NBIS, CRWV, INTC, MU Q1 2026 53 $8.4B LITE, CRWV, BE, NBIS, VRT Q4 2025 47 $4.9B LITE, CRWV, VRT, CLS, BE Q3 2025 Amended 42 $4.3B CRWV, VRT, CLS, CEG, VST Q2 2025 35 $2.2B VST, MU, CEG, VRT, GEV Q1 2025 33 $1.2B VST, GEV, MU, CEG, VRT Q4 2024 Amended 27 $358.0M VRT, MRVL, GEV, ONTO, RIOT Q3 2024 21 $384.9M MRVL, ONTO, AMAT, VRT, LRCX Q2 2024 20 $456.4M AMAT, LRCX, MRVL, ONTO, VRT Q1 2024 19 $507.0M AMD, SMCI, LRCX, AMAT, CDNS