Voleon Capital Management LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Voleon Capital Management LP reported 471 stock positions worth $1.8 billion. Its top holding was Nvidia (NVDA) at 7.1% of the portfolio, followed by Microsoft (MSFT, 6.9%) and Apple (AAPL, 5.4%). Compared with Q1 2025, it opened 209 new positions, sold out of 61, added to 131 and reduced 131. The biggest buy was Nvidia (NVDA, shares +22%) and the biggest sale Johnson & Johnson (JNJ, shares −56%).
- Most Recent 13F
- Q2 2026
- Location
- BERKELEY, CA
- CIK
- 0001479847
- Portfolio Value
- $1.8B (Q2 2025)
- SEC Filing
- 0001062993-25-014421 ↗ filed Aug 14, 2025
Holdings Value
Holdings 471 stocks · $1.8B
| NVDA Nvidia Corp. | 7.11% | 820,708 | $129.7M | Add +22.5% |
| MSFT Microsoft Corp. | 6.93% | 254,062 | $126.4M | Add +21.5% |
| AAPL Apple Inc. | 5.39% | 478,587 | $98.2M | Add +39.7% |
| GOOGL Alphabet Inc. Class A | 3.53% | 365,278 | $64.4M | Add +12.5% |
| AMZN Amazon.com Inc. | 3.38% | 281,013 | $61.7M | Add +16.1% |
| META Meta Platforms Inc. Class A | 2.52% | 62,170 | $45.9M | Add +95.8% |
| TSLA Tesla Inc. | 1.53% | 87,600 | $27.8M | Add +55.7% |
| AVGO Broadcom Inc. | 1.42% | 93,688 | $25.8M | Add +150.5% |
| MA Mastercard Inc. Class A | 1.19% | 38,665 | $21.7M | Reduce -3.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.14% | 440,263 | $20.8M | Add +39.1% |
| WMT Walmart Inc. | 1.06% | 197,179 | $19.3M | Add +1.5% |
| KO The Coca-Cola Co. | 1.04% | 268,803 | $19.0M | Add +126.8% |
| PG The Procter & Gamble Co. | 1.03% | 117,758 | $18.8M | Add +149.1% |
| HD Home Depot Inc. | 0.94% | 46,507 | $17.1M | Add +32.2% |
| GEV GE Vernova Inc. | 0.90% | 30,970 | $16.4M | Add +148.0% |
| RBLX Roblox Corp. Class A | 0.88% | 151,961 | $16.0M | Add +58.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.85% | 31,836 | $15.5M | Add +48.4% |
| LLY Eli Lilly & Co. | 0.81% | 19,016 | $14.8M | Add +95.0% |
| APH Amphenol Corp. Class A | 0.77% | 142,695 | $14.1M | Add +31.0% |
| QCOM Qualcomm Inc. | 0.75% | 86,280 | $13.7M | Reduce -15.0% |
| WFC Wells Fargo & Co. | 0.73% | 165,331 | $13.2M | Add +32.4% |
| JPM JPMorgan Chase & Co. | 0.69% | 43,176 | $12.5M | Reduce -13.8% |
| INTU Intuit Inc. | 0.68% | 15,761 | $12.4M | Add +381.1% |
| RBRK Rubrik Inc. Class A | 0.68% | 137,908 | $12.4M | Reduce -25.9% |
| CI The Cigna Group | 0.66% | 36,299 | $12.0M | Add +55.1% |
| CSX CSX Corp. | 0.63% | 354,444 | $11.6M | Add +33.1% |
| MSI Motorola Solutions Inc. | 0.60% | 26,198 | $11.0M | Add +635.9% |
| MRK Merck & Co. Inc. | 0.59% | 135,003 | $10.7M | Add +95.8% |
| MU Micron Technology Inc. | 0.57% | 84,295 | $10.4M | New |
| SCHW Schwab (charles) Corp. | 0.54% | 108,877 | $9.9M | Add +1477.2% |
| ADP Automatic Data Processing | 0.54% | 32,089 | $9.9M | Add +351.4% |
| VLTO Veralto Corp. | 0.54% | 97,749 | $9.9M | Reduce -6.2% |
| HOOD Robinhood Markets Inc. Class A | 0.54% | 105,324 | $9.9M | New |
| REGN Regeneron Pharmaceuticals | 0.54% | 18,663 | $9.8M | Add +1400.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.53% | 77,988 | $9.7M | Add +169.4% |
| BSX Boston Scientific Corp. | 0.52% | 87,455 | $9.4M | Add +140.5% |
| CAH Cardinal Health Inc. | 0.51% | 55,451 | $9.3M | Add +22.5% |
| ECL Ecolab Inc. | 0.51% | 34,542 | $9.3M | Add +22.0% |
| ZTS Zoetis Inc. | 0.51% | 59,431 | $9.3M | Add +4.3% |
| ABBV Abbvie Inc. | 0.50% | 48,877 | $9.1M | Reduce -19.9% |
| NEE Nextera Energy Inc. | 0.50% | 130,208 | $9.0M | Add +496.1% |
| PLTR Palantir Technologies Inc. Class A | 0.49% | 65,300 | $8.9M | Add +482.5% |
| ITW Illinois Tool Works | 0.48% | 35,713 | $8.8M | Add +394.4% |
| AME Ametek Inc. | 0.47% | 47,660 | $8.6M | Add +308.4% |
| EOG EOG Resources Inc. | 0.47% | 71,050 | $8.5M | Add +27.9% |
| COST Costco Wholesale Corp. | 0.46% | 8,549 | $8.5M | New |
| MORN Morningstar Inc. | 0.46% | 26,933 | $8.5M | Add +28.7% |
| UNP Union Pacific Corp. | 0.46% | 36,689 | $8.4M | Reduce -35.7% |
| ACN Accenture PLC Class A | 0.45% | 27,464 | $8.2M | Add +517.9% |
| LOW Lowe's Cos Inc. | 0.45% | 36,783 | $8.2M | Add +47.7% |
| DHR Danaher Corp. | 0.45% | 41,291 | $8.2M | New |
| LRCX Lam Research Corp. | 0.44% | 82,252 | $8.0M | Add +14.8% |
| VZ Verizon Communications Inc. | 0.44% | 184,682 | $8.0M | Add +946.5% |
| TOST Toast Inc. Class A | 0.44% | 179,966 | $8.0M | Reduce -37.5% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.44% | 7,625 | $7.9M | Add +19.4% |
| V Visa Inc. Class A | 0.42% | 21,523 | $7.6M | Reduce -11.9% |
| ALL Allstate Corp. | 0.42% | 37,594 | $7.6M | Add +62.3% |
| JNJ Johnson & Johnson | 0.41% | 49,161 | $7.5M | Reduce -56.0% |
| ROP Roper Technologies Inc. | 0.41% | 13,240 | $7.5M | Add +11.2% |
| PGR Progressive Corp. | 0.41% | 28,012 | $7.5M | Add +771.6% |
| VLO Valero Energy Corp. | 0.39% | 53,467 | $7.2M | New |
| SNOW Snowflake Inc. | 0.39% | 32,051 | $7.2M | Add +39.8% |
| AXP American Express Co. | 0.39% | 22,116 | $7.1M | Reduce -37.9% |
| LMT Lockheed Martin Corp. | 0.38% | 14,952 | $6.9M | New |
| XOM Exxon Mobil Corp. | 0.38% | 63,992 | $6.9M | Add +108.2% |
| PFG Principal Financial Group | 0.37% | 84,467 | $6.7M | Reduce -4.5% |
| WMB Williams Cos Inc. | 0.37% | 106,379 | $6.7M | Add +63.2% |
| ISRG Intuitive Surgical Inc. | 0.36% | 12,238 | $6.7M | Reduce -26.4% |
| TLN Talen Energy Corp. | 0.35% | 21,844 | $6.4M | New |
| KLAC KLA Corp. | 0.35% | 7,053 | $6.3M | Reduce -25.8% |
| MPC Marathon Petroleum Corp. | 0.34% | 37,419 | $6.2M | Add +379.4% |
| ABNB Airbnb Inc. Class A | 0.34% | 46,509 | $6.2M | Add +1565.2% |
| BKNG Booking Holdings Inc. | 0.33% | 1,035 | $6.0M | Add +44.8% |
| DXCM Dexcom Inc. | 0.32% | 67,809 | $5.9M | Reduce -12.1% |
| WM Waste Management Inc. | 0.32% | 25,371 | $5.8M | Reduce -26.4% |
| NKE Nike Inc. Class B | 0.32% | 81,484 | $5.8M | Add +554.6% |
| F Ford Motor Co. filed as FORD MTR CO | 0.31% | 523,397 | $5.7M | Reduce -12.4% |
| ON On Semiconductor | 0.31% | 108,195 | $5.7M | Add +1562.0% |
| SO The Southern Co. | 0.31% | 61,438 | $5.6M | Reduce -33.1% |
| ULTA Ulta Beauty Inc. | 0.31% | 12,039 | $5.6M | New |
| ELV Elevance Health Inc. | 0.31% | 14,349 | $5.6M | New |
| GRND Grindr Inc. | 0.31% | 245,862 | $5.6M | Add +32.2% |
| BOW Bowhead Specialty Holdings I | 0.30% | 147,987 | $5.6M | Reduce -23.4% |
| CCL Carnival Corp. | 0.30% | 193,855 | $5.5M | Add +341.8% |
| EXC Exelon Corp. | 0.30% | 125,063 | $5.4M | Reduce -58.0% |
| HON Honeywell International Inc. | 0.29% | 23,082 | $5.4M | New |
| CMG Chipotle Mexican Grill Inc. | 0.29% | 93,255 | $5.2M | Reduce -47.0% |
| CL Colgate-Palmolive Co. | 0.28% | 56,971 | $5.2M | Reduce -34.4% |
| IT Gartner Inc. | 0.28% | 12,502 | $5.1M | Reduce -50.4% |
| MDLZ Mondelez International Inc. Class A | 0.27% | 73,795 | $5.0M | New |
| CVS CVS Health Corp. | 0.27% | 71,722 | $4.9M | Add +57.4% |
| KR Kroger Co. | 0.27% | 68,856 | $4.9M | Add +414.7% |
| OTIS Otis Worldwide Corp. | 0.26% | 48,580 | $4.8M | Add +255.6% |
| PEP Pepsico Inc. | 0.26% | 36,257 | $4.8M | Reduce -63.8% |
| ADBE Adobe Inc. | 0.26% | 12,356 | $4.8M | Add +237.3% |
| ERIE Erie Indemnity Company Class A | 0.25% | 13,357 | $4.6M | Add +82.8% |
| WAB Wabtec Corp. | 0.25% | 22,087 | $4.6M | Reduce -33.5% |
| SYK Stryker Corp. | 0.25% | 11,582 | $4.6M | Reduce -41.4% |
| MSCI MSCI Inc. | 0.25% | 7,899 | $4.6M | Add +134.0% |
| TT Trane Technologies PLC | 0.25% | 10,396 | $4.5M | Reduce -58.6% |
Portfolio Sells Q1 2025 → Q2 2025
| JNJ Johnson & Johnson | Reduce -56.0% | 0.41% | −1.04 |
| PEP Pepsico Inc. | Reduce -63.8% | 0.26% | −0.91 |
| MRSH Marsh & McLennan Cos | Reduce -84.3% | 0.09% | −0.81 |
| EXC Exelon Corp. | Reduce -58.0% | 0.30% | −0.78 |
| SHW The Sherwin-Williams Co. | Reduce -67.4% | 0.18% | −0.62 |
| UNP Union Pacific Corp. | Reduce -35.7% | 0.46% | −0.59 |
| IT Gartner Inc. | Reduce -50.4% | 0.28% | −0.55 |
| DASH DoorDash Inc. Class A | Reduce -68.8% | 0.23% | −0.55 |
| MA Mastercard Inc. Class A | Reduce -3.5% | 1.19% | −0.53 |
| ABBV Abbvie Inc. | Reduce -19.9% | 0.50% | −0.50 |
| PAGP Plains GP Holdings LP | Sold out | 0.00% | −0.47 |
| MS Morgan Stanley | Reduce -63.4% | 0.21% | −0.47 |
| QCOM Qualcomm Inc. | Reduce -15.0% | 0.75% | −0.47 |
| TT Trane Technologies PLC | Reduce -58.6% | 0.25% | −0.41 |
| CMG Chipotle Mexican Grill Inc. | Reduce -47.0% | 0.29% | −0.40 |
| C Citigroup Inc. | Reduce -62.8% | 0.18% | −0.40 |
| TRGP Targa Resources Corp. | Reduce -41.2% | 0.22% | −0.40 |
| AXP American Express Co. | Reduce -37.9% | 0.39% | −0.36 |
| CL Colgate-Palmolive Co. | Reduce -34.4% | 0.28% | −0.35 |
| SO The Southern Co. | Reduce -33.1% | 0.31% | −0.35 |
| SPGI S&P Global Inc. | Reduce -50.6% | 0.18% | −0.33 |
| AR Antero Resources Corp. | Reduce -95.0% | 0.01% | −0.33 |
| SYK Stryker Corp. | Reduce -41.4% | 0.25% | −0.32 |
| LPLA LPL Financial Holdings Inc. | Reduce -94.6% | 0.01% | −0.32 |
| TOST Toast Inc. Class A | Reduce -37.5% | 0.44% | −0.31 |
| BOW Bowhead Specialty Holdings I | Reduce -23.4% | 0.30% | −0.31 |
| USB US Bancorp | Reduce -50.3% | 0.18% | −0.31 |
| WM Waste Management Inc. | Reduce -26.4% | 0.32% | −0.31 |
| FTNT Fortinet Inc. | Reduce -88.0% | 0.03% | −0.30 |
| RDDT Reddit Inc. Class A | Reduce -83.4% | 0.06% | −0.29 |
| ISRG Intuitive Surgical Inc. | Reduce -26.4% | 0.36% | −0.28 |
| JPM JPMorgan Chase & Co. | Reduce -13.8% | 0.69% | −0.28 |
| ETN Eaton Corp. PLC | Reduce -80.8% | 0.06% | −0.27 |
| CVNA Carvana Co. | Sold out | 0.00% | −0.25 |
| VLTO Veralto Corp. | Reduce -6.2% | 0.54% | −0.25 |
| V Visa Inc. Class A | Reduce -11.9% | 0.42% | −0.25 |
| NOW ServiceNow Inc. | Reduce -70.7% | 0.09% | −0.25 |
| GRMN Garmin Ltd. | Reduce -72.6% | 0.06% | −0.25 |
| PFE Pfizer Inc. | Reduce -59.9% | 0.09% | −0.24 |
| VRSN Verisign Inc. | Reduce -93.2% | 0.01% | −0.23 |
| T AT&T Inc. | Reduce -40.3% | 0.17% | −0.23 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -88.6% | 0.02% | −0.23 |
| TYL Tyler Technologies Inc. | Reduce -41.9% | 0.16% | −0.22 |
| WAB Wabtec Corp. | Reduce -33.5% | 0.25% | −0.22 |
| PFG Principal Financial Group | Reduce -4.5% | 0.37% | −0.22 |
| MCK McKesson Corp. | Reduce -51.2% | 0.13% | −0.21 |
| RBRK Rubrik Inc. Class A | Reduce -25.9% | 0.68% | −0.21 |
| CNC Centene Corp. | Reduce -69.2% | 0.05% | −0.20 |
| MAS Masco Corp. | Reduce -80.5% | 0.03% | −0.20 |
| CPRT Copart Inc. | Reduce -76.9% | 0.03% | −0.20 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +22.5% | 7.11% | +1.43 |
| META Meta Platforms Inc. Class A | Add +95.8% | 2.52% | +1.08 |
| AVGO Broadcom Inc. | Add +150.5% | 1.42% | +0.93 |
| MSFT Microsoft Corp. | Add +21.5% | 6.93% | +0.79 |
| GEV GE Vernova Inc. | Add +148.0% | 0.90% | +0.60 |
| MU Micron Technology Inc. | New | 0.57% | +0.57 |
| HOOD Robinhood Markets Inc. Class A | New | 0.54% | +0.54 |
| INTU Intuit Inc. | Add +381.1% | 0.68% | +0.52 |
| SCHW Schwab (charles) Corp. | Add +1477.2% | 0.54% | +0.50 |
| MSI Motorola Solutions Inc. | Add +635.9% | 0.60% | +0.48 |
| REGN Regeneron Pharmaceuticals | Add +1400.2% | 0.54% | +0.48 |
| COST Costco Wholesale Corp. | New | 0.46% | +0.46 |
| DHR Danaher Corp. | New | 0.45% | +0.45 |
| RBLX Roblox Corp. Class A | Add +58.2% | 0.88% | +0.44 |
| PLTR Palantir Technologies Inc. Class A | Add +482.5% | 0.49% | +0.41 |
| PG The Procter & Gamble Co. | Add +149.1% | 1.03% | +0.40 |
| VLO Valero Energy Corp. | New | 0.39% | +0.39 |
| TSLA Tesla Inc. | Add +55.7% | 1.53% | +0.39 |
| LMT Lockheed Martin Corp. | New | 0.38% | +0.38 |
| KO The Coca-Cola Co. | Add +126.8% | 1.04% | +0.38 |
| VZ Verizon Communications Inc. | Add +946.5% | 0.44% | +0.38 |
| NEE Nextera Energy Inc. | Add +496.1% | 0.50% | +0.37 |
| ADP Automatic Data Processing | Add +351.4% | 0.54% | +0.37 |
| TLN Talen Energy Corp. | New | 0.35% | +0.35 |
| ITW Illinois Tool Works | Add +394.4% | 0.48% | +0.34 |
| ACN Accenture PLC Class A | Add +517.9% | 0.45% | +0.34 |
| PGR Progressive Corp. | Add +771.6% | 0.41% | +0.34 |
| AME Ametek Inc. | Add +308.4% | 0.47% | +0.32 |
| ABNB Airbnb Inc. Class A | Add +1565.2% | 0.34% | +0.31 |
| ULTA Ulta Beauty Inc. | New | 0.31% | +0.31 |
| DIS The Walt Disney Co. | Add +169.4% | 0.53% | +0.31 |
| ELV Elevance Health Inc. | New | 0.31% | +0.31 |
| HON Honeywell International Inc. | New | 0.29% | +0.29 |
| ON On Semiconductor | Add +1562.0% | 0.31% | +0.29 |
| MDLZ Mondelez International Inc. Class A | New | 0.27% | +0.27 |
| NKE Nike Inc. Class B | Add +554.6% | 0.32% | +0.26 |
| MPC Marathon Petroleum Corp. | Add +379.4% | 0.34% | +0.25 |
| FITB Fifth Third Bancorp | New | 0.25% | +0.25 |
| NFLX Netflix Inc. | New | 0.24% | +0.24 |
| CCL Carnival Corp. | Add +341.8% | 0.30% | +0.23 |
| BSX Boston Scientific Corp. | Add +140.5% | 0.52% | +0.23 |
| EIX Edison International | New | 0.23% | +0.23 |
| FTI Technipfmc PLC | Add +1615.5% | 0.24% | +0.22 |
| LIF LIFE360 Inc. | New | 0.22% | +0.22 |
| NDAQ Nasdaq Inc. | New | 0.22% | +0.22 |
| APH Amphenol Corp. Class A | Add +31.0% | 0.77% | +0.21 |
| TEAM Atlassian Corp. Class A | New | 0.20% | +0.20 |
| AMP Ameriprise Financial Inc. | New | 0.20% | +0.20 |
| KR Kroger Co. | Add +414.7% | 0.27% | +0.20 |
| RGA Reinsurance Group of America | New | 0.20% | +0.20 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 761 | $5.5B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q1 2026 | 779 | $4.6B | NVDA, AAPL, GOOGL, MSFT, AMZN |
| Q4 2025 | 770 | $4.6B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q3 2025 | 883 | $4.1B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q2 2025 | 471 | $1.8B | NVDA, MSFT, AAPL, GOOGL, AMZN |
| Q1 2025 | 323 | $1.3B | MSFT, AAPL, NVDA, GOOGL, AMZN |
| Q4 2024 | 325 | $1.3B | AAPL, NVDA, MSFT, GOOGL, AMZN |