Value Aligned Research Advisors portfolio · 2025-06-30
Disclosed long book
$2.24 billion
Long positions
35
Calls / puts
22 / 15
Top 5 concentration
51.7%
Longs with AI data
18 / 35
Average AI 1Y
+27.6%
13F filing comparison
Quarter-over-quarter changes
2025-03-31 to 2025-06-30
Newly reported
25
No longer reported
14
Increased
33
Reduced
14
Newly reported this quarter
Present now and absent from the immediately preceding comparable filing.
| Position | Kind | Shares | Value |
|---|---|---|---|
INTC INTEL CORP | CALL | 11,276,700 | $252.6 million |
CRWV COREWEAVE INC | CALL | 394,200 | $64.3 million |
IREN LIMITED IREN LIMITED | LONG | 3,266,148 | $47.6 million |
ARGAN INC ARGAN INC | LONG | 110,562 | $24.4 million |
CORE SCIENTIFIC INC NEW CORE SCIENTIFIC INC NEW | LONG | 1,349,657 | $23.0 million |
HUT HUT 8 CORP | LONG | 927,040 | $17.2 million |
BTDR BITDEER TECHNOLOGIES GROUP | LONG | 832,509 | $9.6 million |
TRANSALTA CORP TRANSALTA CORP | LONG | 633,587 | $6.8 million |
HNRG HALLADOR ENERGY COMPANY | LONG | 28,182 | $446,121 |
AMD ADVANCED MICRO DEVICES INC | LONG | 623 | $88,404 |
TSM TAIWAN SEMICONDUCTOR MANUFAC | PUT | 787,600 | $178.4 million |
NVDA NVIDIA CORPORATION | PUT | 386,000 | $61.0 million |
AAPL APPLE INC | PUT | 208,600 | $42.8 million |
ISHARES TR ISHARES TR | PUT | 746,800 | $36.0 million |
QCOM QUALCOMM INC | PUT | 216,700 | $34.5 million |
AVGO BROADCOM INC | PUT | 74,900 | $20.6 million |
ORACLE CORP ORACLE CORP | PUT | 76,900 | $16.8 million |
AMZN AMAZON COM INC | PUT | 74,500 | $16.3 million |
VST VISTRA CORP | PUT | 51,900 | $10.1 million |
GE VERNOVA INC GE VERNOVA INC | PUT | 14,200 | $7.5 million |
MU MICRON TECHNOLOGY INC | PUT | 45,400 | $5.6 million |
VERTIV HOLDINGS CO VERTIV HOLDINGS CO | PUT | 43,400 | $5.6 million |
CONSTELLATION ENERGY CORP CONSTELLATION ENERGY CORP | PUT | 13,200 | $4.3 million |
ISHARES TR ISHARES TR | PUT | 90,000 | $3.3 million |
ISHARES INC ISHARES INC | PUT | 8,000 | $459,200 |
No longer reported this quarter
Present in the prior comparable filing and absent from this one.
| Position | Kind | Prior shares | Prior value |
|---|---|---|---|
ASML HLDG NV ASML HLDG NV · N Y REGISTRY SHS | LONG | 100 | $66,263 |
APPLIED MATLS INC APPLIED MATLS INC · COM | CALL | 5,700 | $827,184 |
ASML HLDG NV ASML HLDG NV · N Y REGISTRY SHS | CALL | 1,200 | $795,156 |
ASTERA LABS INC ASTERA LABS INC · COM | CALL | 38,500 | $2.3 million |
CAMTEK LTD CAMTEK LTD · ORD | LONG | 235,238 | $13.8 million |
CREDO TECHNOLOGY GROUP HOLDI CREDO TECHNOLOGY GROUP HOLDI · ORDINARY SHARES | LONG | 668,067 | $26.8 million |
CREDO TECHNOLOGY GROUP HOLDI CREDO TECHNOLOGY GROUP HOLDI · ORDINARY SHARES | CALL | 22,000 | $883,520 |
KLA CORP KLA CORP · COM NEW | CALL | 300 | $203,940 |
MARVELL TECHNOLOGY INC MARVELL TECHNOLOGY INC · COM | LONG | 137,617 | $8.5 million |
MARVELL TECHNOLOGY INC MARVELL TECHNOLOGY INC · COM | CALL | 33,600 | $2.1 million |
ONTO INNOVATION INC ONTO INNOVATION INC · COM | LONG | 223,840 | $27.2 million |
ORACLE CORP ORACLE CORP · COM | LONG | 1,555 | $217,405 |
RIOT PLATFORMS INC RIOT PLATFORMS INC · COM | CALL | 139,900 | $996,088 |
TALEN ENERGY CORP TALEN ENERGY CORP · COM | CALL | 3,500 | $698,845 |
“No longer reported” means the position is absent from this comparable 13F filing. It does not prove the manager sold it: reporting thresholds, confidential treatment, corporate actions, or instrument changes can also explain the omission.
| Position | Kind | Shares | Value | Long weight | Quarter change | AI at filing · 1Y | AI now |
|---|---|---|---|---|---|---|---|
VST Vistra | LONG | 1,368,338 | $265.2 million | 11.8% | REDUCED | 26.7% | 1Y +26.8% 5Y +135.3% · 29 models |
MU Micron Technology Inc. | LONG | 1,887,678 | $232.7 million | 10.4% | INCREASED | 31.4% | 1Y +30.4% 5Y +145.3% · 31 models |
CONSTELLATION ENERGY CORP CONSTELLATION ENERGY CORP · COM · 21037T109 | LONG | 714,763 | $230.7 million | 10.3% | INCREASED | — | 1Y — 5Y — |
VERTIV HOLDINGS CO VERTIV HOLDINGS CO · COM CL A · 92537N108 | LONG | 1,753,721 | $225.2 million | 10.1% | INCREASED | — | 1Y — 5Y — |
GE VERNOVA INC GE VERNOVA INC · COM · 36828A101 | LONG | 384,669 | $203.5 million | 9.1% | REDUCED | — | 1Y — 5Y — |
CLS Celestica Inc. | LONG | 1,191,321 | $186.0 million | 8.3% | INCREASED | 23.8% | 1Y +27.6% 5Y +142.0% · 30 models |
NBIS Nebius Group N.V. | LONG | 2,228,124 | $123.3 million | 5.5% | INCREASED | 38.3% | 1Y +38.4% 5Y +197.5% · 30 models |
TALEN ENERGY CORP TALEN ENERGY CORP · COM · 87422Q109 | LONG | 376,428 | $109.5 million | 4.9% | INCREASED | — | 1Y — 5Y — |
ASTERA LABS INC ASTERA LABS INC · COM · 04626A103 | LONG | 1,181,031 | $106.8 million | 4.8% | REDUCED | — | 1Y — 5Y — |
RIOT Riot Platforms Inc. | LONG | 5,141,221 | $58.1 million | 2.6% | INCREASED | 49.3% | 1Y +41.2% 5Y +161.6% · 31 models |
NRG ENERGY INC NRG ENERGY INC · COM NEW · 629377508 | LONG | 356,956 | $57.3 million | 2.6% | REDUCED | — | 1Y — 5Y — |
FABRINET FABRINET · SHS · G3323L100 | LONG | 193,581 | $57.0 million | 2.5% | INCREASED | — | 1Y — 5Y — |
BE Bloom Energy Corporation | LONG | 2,044,417 | $48.9 million | 2.2% | INCREASED | — | 1Y +21.3% 5Y +116.3% · 26 models |
IREN LIMITED IREN LIMITED · ORDINARY SHARES · Q4982L109 | LONG | 3,266,148 | $47.6 million | 2.1% | NEWLY REPORTED | — | 1Y — 5Y — |
LAM RESEARCH CORP LAM RESEARCH CORP · COM NEW · 512807306 | LONG | 482,330 | $47.0 million | 2.1% | INCREASED | — | 1Y — 5Y — |
EQT EQT Corporation | LONG | 452,481 | $26.4 million | 1.2% | INCREASED | — | 1Y +19.3% 5Y +92.5% · 28 models |
AAON INC AAON INC · COM PAR $0.004 · 000360206 | LONG | 334,498 | $24.7 million | 1.1% | INCREASED | — | 1Y — 5Y — |
ARGAN INC ARGAN INC · COM · 04010E109 | LONG | 110,562 | $24.4 million | 1.1% | NEWLY REPORTED | — | 1Y — 5Y — |
CORE SCIENTIFIC INC NEW CORE SCIENTIFIC INC NEW · COM · 21874A106 | LONG | 1,349,657 | $23.0 million | 1.0% | NEWLY REPORTED | — | 1Y — 5Y — |
KLA CORP KLA CORP · COM NEW · 482480100 | LONG | 23,511 | $21.1 million | 0.9% | INCREASED | — | 1Y — 5Y — |
NVDA NVIDIA Corporation | LONG | 131,430 | $20.8 million | 0.9% | INCREASED | 45.7% | 1Y +32.4% 5Y +188.0% · 33 models |
COHR Coherent Corp. | LONG | 232,518 | $20.7 million | 0.9% | REDUCED | 26.9% | 1Y +27.6% 5Y +141.0% · 31 models |
APPLIED MATLS INC APPLIED MATLS INC · COM · 038222105 | LONG | 110,764 | $20.3 million | 0.9% | INCREASED | — | 1Y — 5Y — |
HUT Hut 8 Mining Corp. | LONG | 927,040 | $17.2 million | 0.8% | NEWLY REPORTED | — | 1Y +45.0% 5Y +182.5% · 26 models |
GOOGL Alphabet Inc. | LONG | 71,693 | $12.6 million | 0.6% | INCREASED | 19.1% | 1Y +18.6% 5Y +102.1% · 32 models |
TSS INC DEL TSS INC DEL · COM · 87288V101 | LONG | 353,149 | $10.2 million | 0.5% | INCREASED | — | 1Y — 5Y — |
BTDR Bitdeer Technologies Group | LONG | 832,509 | $9.6 million | 0.4% | NEWLY REPORTED | — | 1Y +45.3% 5Y +195.6% · 26 models |
TRANSALTA CORP TRANSALTA CORP · COM · 89346D107 | LONG | 633,587 | $6.8 million | 0.3% | NEWLY REPORTED | — | 1Y — 5Y — |
GOOG Alphabet Inc. (Class C) | LONG | 4,785 | $848,811 | 0.0% | INCREASED | — | 1Y — 5Y — |
HNRG Hallador Energy Company | LONG | 28,182 | $446,121 | 0.0% | NEWLY REPORTED | 17.2% | 1Y +12.2% 5Y +44.4% · 30 models |
MSFT Microsoft Corporation | LONG | 466 | $231,793 | 0.0% | INCREASED | 17.3% | 1Y +16.3% 5Y +98.3% · 32 models |
TSM Taiwan Semiconductor Manufacturing Co. | LONG | 504 | $114,151 | 0.0% | REDUCED | 24.1% | 1Y +24.1% 5Y +140.8% · 31 models |
AMD Advanced Micro Devices Inc. | LONG | 623 | $88,404 | 0.0% | NEWLY REPORTED | 27.1% | 1Y +25.6% 5Y +148.8% · 32 models |
AMZN Amazon.com Inc. | LONG | 89 | $19,526 | 0.0% | REDUCED | 24.4% | 1Y +21.3% 5Y +126.1% · 32 models |
AVGO Broadcom Inc. | LONG | 19 | $5,237 | 0.0% | REDUCED | 22.1% | 1Y +23.7% 5Y +145.8% · 32 models |
NVDA NVIDIA Corporation | CALL | 2,134,800 | $337.3 million | — | INCREASED | 45.7% | 1Y +32.4% 5Y +188.0% · 33 models |
TSM Taiwan Semiconductor Manufacturing Co. | CALL | 1,333,500 | $302.0 million | — | INCREASED | 24.1% | 1Y +24.1% 5Y +140.8% · 31 models |
INTC Intel Corporation | CALL | 11,276,700 | $252.6 million | — | NEWLY REPORTED | 16.7% | 1Y +11.8% 5Y +76.9% · 32 models |
GOOGL Alphabet Inc. | CALL | 1,384,100 | $243.9 million | — | INCREASED | 19.1% | 1Y +18.6% 5Y +102.1% · 32 models |
AVGO Broadcom Inc. | CALL | 748,600 | $206.4 million | — | INCREASED | 22.1% | 1Y +23.7% 5Y +145.8% · 32 models |
AMZN Amazon.com Inc. | CALL | 850,300 | $186.5 million | — | INCREASED | 24.4% | 1Y +21.3% 5Y +126.1% · 32 models |
MSFT Microsoft Corporation | CALL | 268,800 | $133.7 million | — | INCREASED | 17.3% | 1Y +16.3% 5Y +98.3% · 32 models |
MU Micron Technology Inc. | CALL | 718,600 | $88.6 million | — | INCREASED | 31.4% | 1Y +30.4% 5Y +145.3% · 31 models |
ORACLE CORP ORACLE CORP · COM · 68389X105 | CALL | 296,300 | $64.8 million | — | INCREASED | — | 1Y — 5Y — |
CRWV CoreWeave Inc | CALL | 394,200 | $64.3 million | — | NEWLY REPORTED | 51.7% | 1Y +35.5% 5Y +196.5% · 30 models |
AMD Advanced Micro Devices Inc. | CALL | 442,300 | $62.8 million | — | INCREASED | 27.1% | 1Y +25.6% 5Y +148.8% · 32 models |
VERTIV HOLDINGS CO VERTIV HOLDINGS CO · COM CL A · 92537N108 | CALL | 346,300 | $44.5 million | — | INCREASED | — | 1Y — 5Y — |
EQT EQT Corporation | CALL | 249,400 | $14.5 million | — | INCREASED | — | 1Y +19.3% 5Y +92.5% · 28 models |
LAM RESEARCH CORP LAM RESEARCH CORP · COM NEW · 512807306 | CALL | 146,000 | $14.2 million | — | INCREASED | — | 1Y — 5Y — |
NBIS Nebius Group N.V. | CALL | 228,800 | $12.7 million | — | INCREASED | 38.3% | 1Y +38.4% 5Y +197.5% · 30 models |
VST Vistra | CALL | 58,500 | $11.3 million | — | REDUCED | 26.7% | 1Y +26.8% 5Y +135.3% · 29 models |
CONSTELLATION ENERGY CORP CONSTELLATION ENERGY CORP · COM · 21037T109 | CALL | 28,500 | $9.2 million | — | REDUCED | — | 1Y — 5Y — |
CLS Celestica Inc. | CALL | 13,500 | $2.1 million | — | INCREASED | 23.8% | 1Y +27.6% 5Y +142.0% · 30 models |
COHR Coherent Corp. | CALL | 7,300 | $651,233 | — | REDUCED | 26.9% | 1Y +27.6% 5Y +141.0% · 31 models |
NRG ENERGY INC NRG ENERGY INC · COM NEW · 629377508 | CALL | 3,100 | $497,798 | — | REDUCED | — | 1Y — 5Y — |
BE Bloom Energy Corporation | CALL | 17,300 | $413,816 | — | REDUCED | — | 1Y +21.3% 5Y +116.3% · 26 models |
GE VERNOVA INC GE VERNOVA INC · COM · 36828A101 | CALL | 300 | $158,745 | — | REDUCED | — | 1Y — 5Y — |
TSM Taiwan Semiconductor Manufacturing Co. | PUT | 787,600 | $178.4 million | — | NEWLY REPORTED | 24.1% | 1Y +24.1% 5Y +140.8% · 31 models |
NVDA NVIDIA Corporation | PUT | 386,000 | $61.0 million | — | NEWLY REPORTED | 45.7% | 1Y +32.4% 5Y +188.0% · 33 models |
AAPL Apple Inc. | PUT | 208,600 | $42.8 million | — | NEWLY REPORTED | 14.4% | 1Y +12.3% 5Y +75.3% · 33 models |
ISHARES TR ISHARES TR · MSCI EMG MKT ETF · 464287234 | PUT | 746,800 | $36.0 million | — | NEWLY REPORTED | — | 1Y — 5Y — |
QCOM Qualcomm Inc. | PUT | 216,700 | $34.5 million | — | NEWLY REPORTED | 21.1% | 1Y +18.9% 5Y +97.8% · 31 models |
AVGO Broadcom Inc. | PUT | 74,900 | $20.6 million | — | NEWLY REPORTED | 22.1% | 1Y +23.7% 5Y +145.8% · 32 models |
ORACLE CORP ORACLE CORP · COM · 68389X105 | PUT | 76,900 | $16.8 million | — | NEWLY REPORTED | — | 1Y — 5Y — |
AMZN Amazon.com Inc. | PUT | 74,500 | $16.3 million | — | NEWLY REPORTED | 24.4% | 1Y +21.3% 5Y +126.1% · 32 models |
VST Vistra | PUT | 51,900 | $10.1 million | — | NEWLY REPORTED | 26.7% | 1Y +26.8% 5Y +135.3% · 29 models |
GE VERNOVA INC GE VERNOVA INC · COM · 36828A101 | PUT | 14,200 | $7.5 million | — | NEWLY REPORTED | — | 1Y — 5Y — |
MU Micron Technology Inc. | PUT | 45,400 | $5.6 million | — | NEWLY REPORTED | 31.4% | 1Y +30.4% 5Y +145.3% · 31 models |
VERTIV HOLDINGS CO VERTIV HOLDINGS CO · COM CL A · 92537N108 | PUT | 43,400 | $5.6 million | — | NEWLY REPORTED | — | 1Y — 5Y — |
CONSTELLATION ENERGY CORP CONSTELLATION ENERGY CORP · COM · 21037T109 | PUT | 13,200 | $4.3 million | — | NEWLY REPORTED | — | 1Y — 5Y — |
ISHARES TR ISHARES TR · CHINA LG-CAP ETF · 464287184 | PUT | 90,000 | $3.3 million | — | NEWLY REPORTED | — | 1Y — 5Y — |
ISHARES INC ISHARES INC · MSCI TAIWAN ETF · 46434G772 | PUT | 8,000 | $459,200 | — | NEWLY REPORTED | — | 1Y — 5Y — |