Voleon Capital Management LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Voleon Capital Management LP reported 883 stock positions worth $4.1 billion. Its top holding was Nvidia (NVDA) at 6.6% of the portfolio, followed by Apple (AAPL, 5.8%) and Microsoft (MSFT, 5.3%). Compared with Q2 2025, it opened 459 new positions, sold out of 47, added to 313 and reduced 111. The biggest buy was Tesla (TSLA, shares +122%) and the biggest sale Qualcomm (QCOM, shares −59%).
- Most Recent 13F
- Q2 2026
- Location
- BERKELEY, CA
- CIK
- 0001479847
- Portfolio Value
- $4.1B (Q3 2025)
- SEC Filing
- 0001062993-25-016842 ↗ filed Nov 14, 2025
Holdings Value
Holdings 883 stocks · $4.1B
| NVDA Nvidia Corp. | 6.58% | 1,442,993 | $269.2M | Add +75.8% |
| AAPL Apple Inc. | 5.82% | 935,657 | $238.2M | Add +95.5% |
| MSFT Microsoft Corp. | 5.33% | 421,458 | $218.3M | Add +65.9% |
| GOOGL Alphabet Inc. Class A | 3.86% | 650,463 | $158.1M | Add +78.1% |
| AMZN Amazon.com Inc. | 2.84% | 529,869 | $116.3M | Add +88.6% |
| TSLA Tesla Inc. | 2.11% | 194,225 | $86.4M | Add +121.7% |
| META Meta Platforms Inc. Class A | 1.96% | 109,500 | $80.4M | Add +76.1% |
| AVGO Broadcom Inc. | 1.69% | 209,819 | $69.2M | Add +124.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.01% | 82,578 | $41.5M | Add +159.4% |
| WMT Walmart Inc. | 0.99% | 394,757 | $40.7M | Add +100.2% |
| PG The Procter & Gamble Co. | 0.99% | 263,432 | $40.5M | Add +123.7% |
| MA Mastercard Inc. Class A | 0.88% | 63,195 | $35.9M | Add +63.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.87% | 693,869 | $35.8M | Add +57.6% |
| LRCX Lam Research Corp. | 0.86% | 262,419 | $35.1M | Add +219.0% |
| KO The Coca-Cola Co. | 0.85% | 523,650 | $34.7M | Add +94.8% |
| HOOD Robinhood Markets Inc. Class A | 0.80% | 229,701 | $32.9M | Add +118.1% |
| RBLX Roblox Corp. Class A | 0.77% | 227,570 | $31.5M | Add +49.8% |
| SCHW Schwab (charles) Corp. | 0.76% | 325,281 | $31.1M | Add +198.8% |
| PLTR Palantir Technologies Inc. Class A | 0.75% | 169,246 | $30.9M | Add +159.2% |
| UNP Union Pacific Corp. | 0.75% | 129,274 | $30.6M | Add +252.3% |
| ORCL Oracle Corp. | 0.67% | 97,895 | $27.5M | Add +653.4% |
| JPM JPMorgan Chase & Co. | 0.66% | 85,114 | $26.8M | Add +97.1% |
| BKNG Booking Holdings Inc. | 0.65% | 4,961 | $26.8M | Add +379.3% |
| ABBV Abbvie Inc. | 0.61% | 107,558 | $24.9M | Add +120.1% |
| MRK Merck & Co. Inc. | 0.57% | 278,010 | $23.3M | Add +105.9% |
| ACN Accenture PLC Class A | 0.57% | 93,942 | $23.2M | Add +242.1% |
| XOM Exxon Mobil Corp. | 0.56% | 203,679 | $23.0M | Add +218.3% |
| ADP Automatic Data Processing | 0.54% | 74,973 | $22.0M | Add +133.6% |
| MPC Marathon Petroleum Corp. | 0.52% | 111,506 | $21.5M | Add +198.0% |
| GEV GE Vernova Inc. | 0.52% | 34,745 | $21.4M | Add +12.2% |
| BSX Boston Scientific Corp. | 0.51% | 212,290 | $20.7M | Add +142.7% |
| RDDT Reddit Inc. Class A | 0.46% | 82,418 | $19.0M | Add +1053.5% |
| ALAB Astera Labs Inc. | 0.45% | 93,375 | $18.3M | New |
| RBRK Rubrik Inc. Class A | 0.44% | 221,065 | $18.2M | Add +60.3% |
| ZTS Zoetis Inc. | 0.44% | 122,174 | $17.9M | Add +105.6% |
| HD Home Depot Inc. | 0.43% | 43,158 | $17.5M | Reduce -7.2% |
| JNJ Johnson & Johnson | 0.42% | 92,574 | $17.2M | Add +88.3% |
| EIX Edison International | 0.42% | 308,770 | $17.1M | Add +284.3% |
| DXCM Dexcom Inc. | 0.41% | 252,318 | $17.0M | Add +272.1% |
| CB Chubb Ltd. | 0.41% | 60,087 | $17.0M | Add +1032.2% |
| PGR Progressive Corp. | 0.41% | 68,662 | $17.0M | Add +145.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.41% | 115,028 | $16.6M | Add +619.9% |
| KLAC KLA Corp. | 0.39% | 14,834 | $16.0M | Add +110.3% |
| ODFL Old Dominion Freight Line | 0.39% | 112,819 | $15.9M | Add +692.0% |
| VZ Verizon Communications Inc. | 0.38% | 357,264 | $15.7M | Add +93.5% |
| MU Micron Technology Inc. | 0.38% | 93,802 | $15.7M | Add +11.3% |
| ELV Elevance Health Inc. | 0.38% | 48,375 | $15.6M | Add +237.1% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.38% | 33,965 | $15.5M | Add +2404.8% |
| CAH Cardinal Health Inc. | 0.37% | 96,073 | $15.1M | Add +73.3% |
| ULTA Ulta Beauty Inc. | 0.37% | 27,389 | $15.0M | Add +127.5% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.36% | 15,578 | $14.8M | Add +104.3% |
| VLTO Veralto Corp. | 0.36% | 138,414 | $14.8M | Add +41.6% |
| CSX CSX Corp. | 0.35% | 408,674 | $14.5M | Add +15.3% |
| WMB Williams Cos Inc. | 0.35% | 229,050 | $14.5M | Add +115.3% |
| REGN Regeneron Pharmaceuticals | 0.35% | 25,718 | $14.5M | Add +37.8% |
| AME Ametek Inc. | 0.35% | 75,861 | $14.3M | Add +59.2% |
| ABNB Airbnb Inc. Class A | 0.34% | 116,156 | $14.1M | Add +149.8% |
| SOFI Sofi Technologies Inc. | 0.33% | 518,915 | $13.7M | New |
| CRM Salesforce Inc. | 0.33% | 57,120 | $13.5M | Add +444.0% |
| APH Amphenol Corp. Class A | 0.32% | 106,062 | $13.1M | Reduce -25.7% |
| AZO AutoZone Inc. | 0.32% | 3,052 | $13.1M | Add +1193.2% |
| PBF PBF Energy Inc. Class A | 0.32% | 429,534 | $13.0M | Add +285.1% |
| GD General Dynamics Corp. | 0.31% | 37,810 | $12.9M | Add +179.0% |
| CTAS Cintas Corp. | 0.31% | 61,145 | $12.6M | Add +571.2% |
| VLO Valero Energy Corp. | 0.30% | 72,907 | $12.4M | Add +36.4% |
| LLY Eli Lilly & Co. | 0.30% | 15,965 | $12.2M | Reduce -16.0% |
| CI The Cigna Group | 0.29% | 41,581 | $12.0M | Add +14.6% |
| WFC Wells Fargo & Co. | 0.29% | 142,118 | $11.9M | Reduce -14.0% |
| FTNT Fortinet Inc. | 0.29% | 140,453 | $11.8M | Add +2594.3% |
| BA The Boeing Co. | 0.29% | 54,457 | $11.8M | Add +839.6% |
| FERG Ferguson Enterprises Inc. | 0.28% | 51,642 | $11.6M | Add +1477.3% |
| ROP Roper Technologies Inc. | 0.28% | 22,725 | $11.3M | Add +71.6% |
| T AT&T Inc. | 0.28% | 400,998 | $11.3M | Add +272.2% |
| MCK McKesson Corp. | 0.27% | 14,184 | $11.0M | Add +347.4% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.27% | 231,787 | $10.9M | New |
| TLN Talen Energy Corp. | 0.26% | 25,441 | $10.8M | Add +16.5% |
| DHR Danaher Corp. | 0.26% | 53,963 | $10.7M | Add +30.7% |
| LOW Lowe's Cos Inc. | 0.26% | 41,942 | $10.5M | Add +14.0% |
| AMAT Applied Materials Inc. | 0.26% | 51,162 | $10.5M | Add +127.3% |
| NDAQ Nasdaq Inc. | 0.25% | 114,734 | $10.1M | Add +157.0% |
| CVI CVR Energy Inc. | 0.25% | 275,870 | $10.1M | Add +2496.4% |
| SF Stifel Financial Corp. | 0.24% | 88,149 | $10.0M | Add +331.3% |
| TPC Tutor Perini Corp. | 0.24% | 150,508 | $9.9M | Add +213.7% |
| NTNX Nutanix Inc. Class A | 0.24% | 131,892 | $9.8M | Add +223.9% |
| SRPT Sarepta Therapeutics Inc. | 0.24% | 501,142 | $9.7M | Add +4651.5% |
| HON Honeywell International Inc. | 0.24% | 45,803 | $9.6M | Add +98.4% |
| FCX Freeport-McMoran Inc. | 0.23% | 244,401 | $9.6M | Add +217.0% |
| CVX Chevron Corp. | 0.23% | 61,514 | $9.6M | Add +381.3% |
| DDS Dillards Inc. Class A | 0.23% | 15,482 | $9.5M | Add +1931.8% |
| DK Delek US Holdings Inc. | 0.23% | 293,281 | $9.5M | New |
| CRBG Corebridge Financial Inc. | 0.23% | 291,721 | $9.3M | Add +226.1% |
| LIF LIFE360 Inc. | 0.22% | 86,174 | $9.2M | Add +40.2% |
| RKLB Rocket Lab Corp. | 0.22% | 188,520 | $9.0M | New |
| MCD McDonald's Corp. | 0.22% | 29,693 | $9.0M | Add +280.4% |
| NFLX Netflix Inc. | 0.22% | 7,395 | $8.9M | Add +124.4% |
| TEM Tempus AI Inc. Class A | 0.22% | 109,318 | $8.8M | New |
| WDAY Workday Inc. Class A | 0.21% | 36,180 | $8.7M | Add +1776.6% |
| V Visa Inc. Class A | 0.21% | 25,058 | $8.6M | Add +16.4% |
| CMG Chipotle Mexican Grill Inc. | 0.21% | 217,965 | $8.5M | Add +133.7% |
| FTI Technipfmc PLC | 0.21% | 214,627 | $8.5M | Add +69.8% |
Portfolio Sells Q2 2025 → Q3 2025
| QCOM Qualcomm Inc. | Reduce -58.6% | 0.14% | −0.61 |
| INTU Intuit Inc. | Reduce -48.6% | 0.14% | −0.55 |
| LLY Eli Lilly & Co. | Reduce -16.0% | 0.30% | −0.52 |
| HD Home Depot Inc. | Reduce -7.2% | 0.43% | −0.51 |
| APH Amphenol Corp. Class A | Reduce -25.7% | 0.32% | −0.45 |
| MSI Motorola Solutions Inc. | Reduce -44.0% | 0.16% | −0.44 |
| WFC Wells Fargo & Co. | Reduce -14.0% | 0.29% | −0.44 |
| DIS The Walt Disney Co. | Reduce -28.6% | 0.16% | −0.37 |
| MORN Morningstar Inc. | Reduce -30.0% | 0.11% | −0.36 |
| ITW Illinois Tool Works | Reduce -31.5% | 0.16% | −0.33 |
| NEE Nextera Energy Inc. | Reduce -28.0% | 0.17% | −0.32 |
| TOST Toast Inc. Class A | Reduce -27.5% | 0.12% | −0.32 |
| SNOW Snowflake Inc. | Reduce -56.5% | 0.08% | −0.32 |
| ECL Ecolab Inc. | Reduce -14.0% | 0.20% | −0.31 |
| EOG EOG Resources Inc. | Reduce -17.4% | 0.16% | −0.31 |
| NKE Nike Inc. Class B | Reduce -90.3% | 0.01% | −0.30 |
| COST Costco Wholesale Corp. | Reduce -14.9% | 0.16% | −0.30 |
| GRND Grindr Inc. | Reduce -72.5% | 0.02% | −0.28 |
| PFG Principal Financial Group | Reduce -46.2% | 0.09% | −0.28 |
| CVS CVS Health Corp. | Reduce -90.3% | 0.01% | −0.26 |
| ALL Allstate Corp. | Reduce -17.8% | 0.16% | −0.25 |
| ON On Semiconductor | Reduce -54.3% | 0.06% | −0.25 |
| BOW Bowhead Specialty Holdings I | Reduce -41.5% | 0.06% | −0.25 |
| IT Gartner Inc. | Reduce -55.2% | 0.04% | −0.24 |
| MDLZ Mondelez International Inc. Class A | Reduce -56.0% | 0.05% | −0.22 |
| AXP American Express Co. | Reduce -2.7% | 0.17% | −0.21 |
| TRGP Targa Resources Corp. | Reduce -84.8% | 0.01% | −0.21 |
| TEL Te Connectivity PLC | Reduce -71.1% | 0.04% | −0.20 |
| F Ford Motor Co. | Reduce -25.5% | 0.11% | −0.20 |
| KR Kroger Co. | Reduce -32.3% | 0.08% | −0.19 |
| CL Colgate-Palmolive Co. | Reduce -19.0% | 0.09% | −0.19 |
| OTIS Otis Worldwide Corp. | Reduce -22.8% | 0.08% | −0.18 |
| WAB Wabtec Corp. | Reduce -26.8% | 0.08% | −0.17 |
| ADBE Adobe Inc. | Reduce -14.9% | 0.09% | −0.17 |
| FITB Fifth Third Bancorp | Reduce -35.2% | 0.08% | −0.17 |
| UNH Unitedhealth Group Inc. | Reduce -28.9% | 0.09% | −0.16 |
| DASH DoorDash Inc. Class A | Reduce -35.5% | 0.07% | −0.16 |
| TT Trane Technologies PLC | Reduce -10.9% | 0.10% | −0.15 |
| TENB Tenable Holdings Inc. | Reduce -13.5% | 0.07% | −0.14 |
| A Agilent Technologies Inc. | Reduce -13.0% | 0.10% | −0.14 |
| BR Broadridge Financial Solutio | Reduce -80.3% | 0.01% | −0.14 |
| NSC Norfolk Southern Corp. | Reduce -65.6% | 0.03% | −0.14 |
| TMUS T-Mobile US Inc. | Reduce -23.7% | 0.07% | −0.13 |
| SYF Synchrony Financial | Reduce -84.4% | 0.01% | −0.13 |
| SPGI S&P Global Inc. | Reduce -31.4% | 0.05% | −0.13 |
| PKG Packaging Corp. of America | Reduce -25.4% | 0.08% | −0.13 |
| MS Morgan Stanley | Reduce -20.5% | 0.08% | −0.13 |
| USB US Bancorp | Reduce -29.5% | 0.06% | −0.12 |
| DUOL Duolingo | Sold out | 0.00% | −0.12 |
| BRKR Bruker Corp. | Sold out | 0.00% | −0.12 |
Portfolio Buys Q2 2025 → Q3 2025
| TSLA Tesla Inc. | Add +121.7% | 2.11% | +0.58 |
| ORCL Oracle Corp. | Add +653.4% | 0.67% | +0.52 |
| ALAB Astera Labs Inc. | New | 0.45% | +0.45 |
| AAPL Apple Inc. | Add +95.5% | 5.82% | +0.43 |
| LRCX Lam Research Corp. | Add +219.0% | 0.86% | +0.42 |
| RDDT Reddit Inc. Class A | Add +1053.5% | 0.46% | +0.40 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +2404.8% | 0.38% | +0.35 |
| SOFI Sofi Technologies Inc. | New | 0.33% | +0.33 |
| GOOGL Alphabet Inc. Class A | Add +78.1% | 3.86% | +0.33 |
| CB Chubb Ltd. | Add +1032.2% | 0.41% | +0.33 |
| BKNG Booking Holdings Inc. | Add +379.3% | 0.65% | +0.33 |
| TJX TJX Companies Inc. | Add +619.9% | 0.41% | +0.30 |
| UNP Union Pacific Corp. | Add +252.3% | 0.75% | +0.28 |
| AVGO Broadcom Inc. | Add +124.0% | 1.69% | +0.27 |
| AZO AutoZone Inc. | Add +1193.2% | 0.32% | +0.27 |
| PLTR Palantir Technologies Inc. Class A | Add +159.2% | 0.75% | +0.27 |
| IREN Iren Ltd. | New | 0.27% | +0.27 |
| HOOD Robinhood Markets Inc. Class A | Add +118.1% | 0.80% | +0.26 |
| ODFL Old Dominion Freight Line | Add +692.0% | 0.39% | +0.26 |
| FTNT Fortinet Inc. | Add +2594.3% | 0.29% | +0.26 |
| FERG Ferguson Enterprises Inc. | Add +1477.3% | 0.28% | +0.24 |
| DK Delek US Holdings Inc. | New | 0.23% | +0.23 |
| CVI CVR Energy Inc. | Add +2496.4% | 0.25% | +0.23 |
| SRPT Sarepta Therapeutics Inc. | Add +4651.5% | 0.24% | +0.23 |
| RKLB Rocket Lab Corp. | New | 0.22% | +0.22 |
| BA The Boeing Co. | Add +839.6% | 0.29% | +0.22 |
| TEM Tempus AI Inc. Class A | New | 0.22% | +0.22 |
| DDS Dillards Inc. Class A | Add +1931.8% | 0.23% | +0.21 |
| SCHW Schwab (charles) Corp. | Add +198.8% | 0.76% | +0.21 |
| CTAS Cintas Corp. | Add +571.2% | 0.31% | +0.20 |
| THC Tenet Healthcare Corp. | New | 0.19% | +0.19 |
| EIX Edison International | Add +284.3% | 0.42% | +0.19 |
| WDAY Workday Inc. Class A | Add +1776.6% | 0.21% | +0.19 |
| MPC Marathon Petroleum Corp. | Add +198.0% | 0.52% | +0.18 |
| PBF PBF Energy Inc. Class A | Add +285.1% | 0.32% | +0.18 |
| XOM Exxon Mobil Corp. | Add +218.3% | 0.56% | +0.18 |
| CRM Salesforce Inc. | Add +444.0% | 0.33% | +0.17 |
| CORZ Core Scientific Inc. | New | 0.17% | +0.17 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +159.4% | 1.01% | +0.17 |
| AS Amer Sports Inc. | New | 0.16% | +0.16 |
| ASND Ascendis Pharma A/S | New | 0.15% | +0.15 |
| MIRM Mirum Pharmaceuticals Inc. | New | 0.15% | +0.15 |
| UBER Uber Technologies Inc. | New | 0.15% | +0.15 |
| BKD Brookdale Senior Living Inc. | Add +1509.1% | 0.17% | +0.15 |
| SBSW Sibanye-Stillwater Ltd.-ADR | New | 0.15% | +0.15 |
| HNGE Hinge Health Inc. Class A | New | 0.15% | +0.15 |
| HPE Hewlett Packard Enterprise | Add +2448.2% | 0.15% | +0.14 |
| INSP Inspire Medical Systems Inc. | New | 0.14% | +0.14 |
| INSM Insmed Inc. | Add +899.9% | 0.17% | +0.14 |
| MCK McKesson Corp. | Add +347.4% | 0.27% | +0.14 |
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 |