Montanova Capital, LLC
Net buyer this quarter
$5.47B
94
+$133M
38.8%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 MANE | $513M | 9.37% | 9.98% | Not reported | Q1 2026 |
 ARQT | $326M | 5.96% | 9.90% | +0.9% | Q1 2023 |
 LEGN | $204M | 3.73% | 1.91% | -6.7% | Q2 2020 |
 PVLA | $174M | 3.17% | 7.89% | -1.6% | Q4 2024 |
 AVBP | $157M | 2.87% | 9.35% | +2.6% | Q1 2024 |
 BNTC | $155M | 2.83% | 33.55% | Not reported | Q2 2021 |
 BHVN | $153M | 2.80% | 6.81% | Not reported | Q1 2022 |
 AMD | $149M | 2.73% | 0.02% | Not reported | Q4 2022 |
 RCUS | $147M | 2.69% | 3.76% | -5.1% | Q3 2023 |
 TSM | $145M | 2.66% | 0.00% | +2.0% | Q2 2023 |
 NVDA | $144M | 2.64% | 0.00% | +25.4% | Q4 2022 |
 EYPT | $119M | 2.17% | 9.76% | Not reported | Q1 2021 |
 SYY | $118M | 2.16% | 0.30% | +21.8% | Q1 2019 |
 GE | $116M | 2.12% | 0.03% | Not reported | Q2 2023 |
 IMTX | $113M | 2.07% | 8.35% | Not reported | Q1 2024 |
 MGM | $111M | 2.03% | 0.92% | +7.7% | Q4 2025 |
 META | $99M | 1.81% | Not reported | +3.6% | Q4 2014 |
 CAPR | $98.6M | 1.80% | 7.04% | +7.2% | Q4 2025 |
 KURA | $94.1M | 1.72% | 9.64% | Not reported | Q3 2020 |
 GLUE | $85.9M | 1.57% | 4.16% | -16.0% | Q2 2021 |
 AVLN | $82.4M | 1.51% | 5.65% | New | Q2 2026 |
 HD | $79.7M | 1.46% | 0.02% | +2.0% | Q4 2016 |
 HUT | $77.3M | 1.41% | 0.54% | New | Q2 2026 |
 COF | $66.8M | 1.22% | 0.05% | +10.2% | Q4 2016 |
 VMC | $63.4M | 1.16% | 0.17% | +18.4% | Q1 2026 |
 FERG | $58.6M | 1.07% | 0.13% | +16.5% | Q4 2023 |
 ZURA | $55.7M | 1.02% | 9.90% | +4.2% | Q2 2023 |
 IFRX | $51.4M | 0.94% | 31.72% | +189.1% | Q1 2021 |
 AURA | $51.2M | 0.94% | 6.96% | +64.8% | Q1 2025 |
 FTH | $50.5M | 0.92% | 7.82% | +5747.1% | Q1 2026 |
 AMZN | $48.8M | 0.89% | 0.00% | -19.4% | Q1 2016 |
 REPL | $48.6M | 0.89% | 5.23% | +4.0% | Q4 2025 |
 APH | $47.5M | 0.87% | 0.02% | Not reported | Q2 2020 |
 SPOT | $46.7M | 0.85% | 0.05% | +9154.6% | Q2 2019 |
 CTNM | $46.6M | 0.85% | 12.30% | Not reported | Q2 2024 |
 APO | $45.3M | 0.83% | 0.07% | -1.1% | Q3 2023 |
 BAC | $45M | 0.82% | 0.01% | -39.0% | Q1 2018 |
 DRAM | $44.5M | 0.81% | Not reported | New | Q2 2026 |
| CRNX | $44.4M | 0.81% | 1.12% | +13.6% | Q2 2022 |
 CBRS | $38M | 0.69% | Not reported | New | Q2 2026 |
 DKS | $34.3M | 0.63% | 0.16% | Not reported | Q2 2025 |
 AVGO | $31.6M | 0.58% | 0.00% | New | Q2 2026 |
 CMPX | $30.9M | 0.56% | 7.83% | -1.4% | Q2 2025 |
 LXEO | $29.7M | 0.54% | 8.12% | +410.7% | Q4 2025 |
 UNH | $26.7M | 0.49% | 0.01% | -36.3% | Q4 2016 |
 PROK | $25.2M | 0.46% | Not reported | Not reported | Q3 2022 |
 WHWK | $19.7M | 0.36% | 7.54% | +16.2% | Q1 2025 |
 SPCX | $17.3M | 0.32% | Not reported | New | Q2 2026 |
 MLM | $15M | 0.27% | 0.04% | New | Q2 2026 |
 FULC | $13.5M | 0.25% | 4.83% | -43.9% | Q1 2021 |
| Q1 2026 | |||||
| ARQT | $290M | 7.42% | 9.86% | +3.0% | Q1 2023 |
| MANE | $263M | 6.72% | 11.16% | New | Q1 2026 |
| PVLA | $144M | 3.67% | 8.06% | +29.3% | Q4 2024 |
| APLS | $142M | 3.62% | 2.75% | -15.0% | Q1 2020 |
| LEGN | $137M | 3.50% | 2.05% | +14.7% | Q2 2020 |
| BNTC | $123M | 3.14% | 33.62% | Not reported | Q2 2021 |
| CAPR | $116M | 2.97% | 6.62% | +113.9% | Q4 2025 |
| IMTX | $110M | 2.81% | 8.35% | Not reported | Q1 2024 |
| RCUS | $109M | 2.78% | 4.01% | -3.0% | Q3 2023 |
| EYPT | $107M | 2.73% | 9.94% | +6.0% | Q1 2021 |
| AVBP | $102M | 2.59% | 9.71% | +7.2% | Q1 2024 |
| TSM | $101M | 2.58% | 0.00% | +10.1% | Q2 2023 |
| NVDA | $100M | 2.56% | 0.00% | +8.2% | Q4 2022 |
| META | $97.1M | 2.48% | Not reported | +0.4% | Q4 2014 |
| KALV | $96M | 2.45% | 9.31% | Not reported | Q1 2020 |
| GE | $88M | 2.25% | 0.03% | Not reported | Q2 2023 |
| BHVN | $87M | 2.22% | 6.83% | Not reported | Q1 2022 |
| SYY | $82.7M | 2.11% | 0.24% | +7.0% | Q1 2019 |
| MGM | $79.9M | 2.04% | 0.84% | +79.6% | Q4 2025 |
| CMPX | $75.7M | 1.93% | 7.94% | +0.9% | Q2 2025 |
| HD | $72.9M | 1.86% | 0.02% | -8.0% | Q4 2016 |
| KURA | $69.7M | 1.78% | 9.66% | Not reported | Q3 2020 |
| GLUE | $69.5M | 1.78% | 5.01% | +25.8% | Q2 2021 |
| BAC | $63.1M | 1.61% | 0.02% | -14.7% | Q1 2018 |
 ERAS | $55.6M | 1.42% | 1.11% | -76.3% | Q2 2024 |
| COF | $55.2M | 1.41% | 0.05% | +75.8% | Q4 2016 |
| ZURA | $53.9M | 1.38% | 9.56% | +62.9% | Q2 2023 |
| AMZN | $52.9M | 1.35% | 0.00% | -37.5% | Q1 2016 |
| AMD | $52.3M | 1.34% | 0.02% | -34.0% | Q4 2022 |
| FULC | $50.3M | 1.29% | 9.85% | Not reported | Q1 2021 |
| VMC | $49.4M | 1.26% | 0.14% | New | Q1 2026 |
| FERG | $49.4M | 1.26% | 0.11% | +33.1% | Q4 2023 |
| APO | $43.2M | 1.10% | 0.07% | -28.6% | Q3 2023 |
 MLYS | $41.7M | 1.06% | 1.87% | Not reported | Q1 2025 |
| CRNX | $37.9M | 0.97% | 0.99% | Not reported | Q2 2022 |
| CTNM | $37.1M | 0.95% | 12.30% | Not reported | Q2 2024 |
 USFD | $36.5M | 0.93% | 0.18% | Not reported | Q3 2016 |
 PFGC | $33.1M | 0.85% | 0.25% | New | Q1 2026 |
| REPL | $32.3M | 0.82% | 5.10% | +11615.0% | Q4 2025 |
| AURA | $29.3M | 0.75% | 6.82% | Not reported | Q1 2025 |
| UNH | $27.2M | 0.70% | 0.01% | -9.6% | Q4 2016 |
| PROK | $22.1M | 0.56% | Not reported | Not reported | Q3 2022 |
 LTH | $13.7M | 0.35% | 0.23% | New | Q1 2026 |
| WHWK | $12.8M | 0.33% | 7.84% | Not reported | Q1 2025 |
 ABEO | $12M | 0.31% | 4.71% | Not reported | Q2 2024 |
 WING | $9.22M | 0.24% | 0.22% | Not reported | Q2 2025 |
 MOLN | $8.82M | 0.23% | 5.50% | Not reported | Q2 2021 |
 BSX | $7.78M | 0.20% | 0.01% | -64.9% | Q3 2018 |
| LXEO | $7.18M | 0.18% | 1.69% | Not reported | Q4 2025 |
 COHR | $7.15M | 0.18% | 0.02% | -78.3% | Q4 2025 |
| Q4 2025 | |||||
| ARQT | $347M | 7.12% | 9.70% | +14.2% | Q1 2023 |
| BNTC | $156M | 3.19% | 33.71% | +16.9% | Q2 2021 |
| LEGN | $144M | 2.94% | 1.79% | +73.1% | Q2 2020 |
| EYPT | $143M | 2.93% | 9.45% | +26.4% | Q1 2021 |
| RCUS | $124M | 2.53% | 4.14% | +40.7% | Q3 2023 |
| IMTX | $117M | 2.41% | 8.35% | -7.0% | Q1 2024 |
| BHVN | $116M | 2.38% | 7.75% | +83.0% | Q1 2022 |
| META | $112M | 2.29% | Not reported | -1.1% | Q4 2014 |
| APLS | $104M | 2.13% | 3.27% | +43.8% | Q1 2020 |
| NVDA | $99M | 2.03% | 0.00% | +9.8% | Q4 2022 |
 KO | $96.7M | 1.98% | 0.03% | -5.0% | Q1 2024 |
| GE | $95.6M | 1.96% | 0.03% | Not reported | Q2 2023 |
| AMZN | $93.7M | 1.92% | 0.00% | +85.8% | Q1 2016 |
| PVLA | $93.4M | 1.91% | 7.21% | +8.5% | Q4 2024 |
| KURA | $89.1M | 1.83% | 9.76% | +5.7% | Q3 2020 |
| BAC | $83.5M | 1.71% | 0.02% | +30.8% | Q1 2018 |
| AMD | $83.4M | 1.71% | 0.02% | -2.3% | Q4 2022 |
| HD | $82.9M | 1.70% | 0.02% | +22.1% | Q4 2016 |
| AVBP | $82.6M | 1.69% | 9.67% | +10.9% | Q1 2024 |
| TSM | $82.5M | 1.69% | 0.00% | -2.1% | Q2 2023 |
| SYY | $79.9M | 1.64% | 0.23% | Not reported | Q1 2019 |
| APO | $78.6M | 1.61% | 0.09% | +25.9% | Q3 2023 |
 MSFT | $77.2M | 1.58% | 0.00% | +45.9% | Q4 2015 |
| KALV | $77M | 1.58% | 9.37% | Not reported | Q1 2020 |
| CMPX | $76.2M | 1.56% | 7.95% | +0.6% | Q2 2025 |
| FULC | $74.2M | 1.52% | 9.85% | +21.9% | Q1 2021 |
 NOW | $59.7M | 1.22% | 0.04% | +254.0% | Q3 2019 |
 DHR | $55.9M | 1.15% | 0.03% | -4.5% | Q3 2014 |
| MLYS | $55.8M | 1.14% | 1.89% | -27.8% | Q1 2025 |
| ERAS | $53.9M | 1.11% | 5.10% | Not reported | Q2 2024 |
 CRM | $53M | 1.08% | 0.02% | +59.6% | Q4 2016 |
| GLUE | $52.7M | 1.08% | 5.13% | Not reported | Q2 2021 |
| CAPR | $51.5M | 1.06% | 3.11% | New | Q4 2025 |
 RARE | $46.4M | 0.95% | 2.09% | Not reported | Q4 2021 |
 ORCL | $44.1M | 0.90% | 0.01% | Not reported | Q4 2022 |
| MGM | $43.9M | 0.90% | 0.47% | New | Q4 2025 |
| COF | $41.7M | 0.85% | 0.03% | -28.0% | Q4 2016 |
 TSLA | $41M | 0.84% | 0.00% | Not reported | Q2 2024 |
| UNH | $36.7M | 0.75% | 0.01% | +15.7% | Q4 2016 |
| FERG | $35.4M | 0.73% | 0.08% | -48.0% | Q4 2023 |
| BSX | $33.7M | 0.69% | 0.02% | Not reported | Q3 2018 |
| CTNM | $32.5M | 0.67% | 12.30% | +65.2% | Q2 2024 |
| ZURA | $29.2M | 0.60% | 7.56% | +1.7% | Q2 2023 |
 QURE | $29.1M | 0.60% | 1.95% | New | Q4 2025 |
| PROK | $27.6M | 0.57% | Not reported | Not reported | Q3 2022 |
| COHR | $25.5M | 0.52% | 0.09% | New | Q4 2025 |
 CMG | $25.4M | 0.52% | 0.05% | Not reported | Q1 2020 |
| AURA | $23.8M | 0.49% | 6.88% | Not reported | Q1 2025 |
 TNGX | $23.6M | 0.48% | 1.96% | New | Q4 2025 |
 BIIB | $23.3M | 0.48% | 0.09% | -21.3% | Q1 2020 |
| Q3 2025 | |||||
| ARQT | $198M | 5.06% | 8.71% | -9.2% | Q1 2023 |
| BNTC | $139M | 3.55% | 37.62% | Not reported | Q2 2021 |
| META | $126M | 3.21% | Not reported | +0.7% | Q4 2014 |
| LEGN | $125M | 3.19% | 1.04% | +1.2% | Q2 2020 |
| ETNB | $122M | 3.12% | 5.58% | -41.7% | Q1 2023 |
| IMTX | $102M | 2.62% | 9.90% | Not reported | Q1 2024 |
| KO | $96.5M | 2.47% | 0.03% | +18.0% | Q1 2024 |
| GE | $93.3M | 2.39% | 0.03% | Not reported | Q2 2023 |
| NVDA | $90.2M | 2.31% | 0.00% | -3.2% | Q4 2022 |
| EYPT | $88.2M | 2.26% | 8.90% | -9.0% | Q1 2021 |
| BHVN | $84.4M | 2.16% | 5.31% | Not reported | Q1 2022 |
| MLYS | $80.9M | 2.07% | 2.70% | +22.2% | Q1 2025 |
| HD | $79.9M | 2.05% | 0.02% | +50.9% | Q4 2016 |
| TSM | $77.4M | 1.98% | 0.00% | -7.7% | Q2 2023 |
| KURA | $71.8M | 1.84% | 9.33% | Not reported | Q3 2020 |
| FERG | $68.8M | 1.76% | 0.16% | +61.5% | Q4 2023 |
| AVBP | $68.3M | 1.75% | 9.07% | +8.5% | Q1 2024 |
| APLS | $65.1M | 1.67% | 2.28% | Not reported | Q1 2020 |
| AMD | $64.5M | 1.65% | 0.02% | Not reported | Q4 2022 |
| ORCL | $63.6M | 1.63% | 0.01% | -1.9% | Q4 2022 |
| RARE | $60.7M | 1.55% | 2.09% | -11.4% | Q4 2021 |
| BAC | $59.9M | 1.53% | 0.02% | +25.1% | Q1 2018 |
| KALV | $58.1M | 1.49% | 9.44% | -3.8% | Q1 2020 |
| APO | $57.5M | 1.47% | 0.07% | +0.7% | Q3 2023 |
| MSFT | $56.7M | 1.45% | 0.00% | +10.8% | Q4 2015 |
| PVLA | $51.6M | 1.32% | 7.42% | +15.1% | Q4 2024 |
| COF | $50.8M | 1.30% | 0.04% | +23.0% | Q4 2016 |
| DHR | $50.7M | 1.30% | 0.04% | +46.4% | Q3 2014 |
| RCUS | $50.2M | 1.28% | 3.44% | Not reported | Q3 2023 |
| FULC | $49.5M | 1.27% | 9.94% | +5.9% | Q1 2021 |
| CMPX | $49.4M | 1.26% | 7.94% | +97.2% | Q2 2025 |
| AMZN | $48M | 1.23% | 0.00% | -15.2% | Q1 2016 |
| TSLA | $40.6M | 1.04% | 0.00% | -1.2% | Q2 2024 |
 KDP | $40.1M | 1.03% | 0.12% | Not reported | Q3 2024 |
| BSX | $34.5M | 0.88% | 0.02% | Not reported | Q3 2018 |
| UNH | $33.2M | 0.85% | 0.01% | +41.5% | Q4 2016 |
| RNAM | $32.7M | 0.84% | 0.51% | New | Q3 2025 |
| ERAS | $31.6M | 0.81% | 5.11% | Not reported | Q2 2024 |
 INSM | $31.4M | 0.80% | 0.10% | -8.8% | Q1 2020 |
| PROK | $29.9M | 0.76% | Not reported | Not reported | Q3 2022 |
| CRM | $29.7M | 0.76% | 0.01% | Not reported | Q4 2016 |
| DKS | $28.5M | 0.73% | 0.14% | -50.8% | Q2 2025 |
| AURA | $27M | 0.69% | 6.94% | Not reported | Q1 2025 |
| GLUE | $24.9M | 0.64% | 5.44% | Not reported | Q2 2021 |
 JNJ | $24.6M | 0.63% | 0.01% | Not reported | Q4 2019 |
| ZURA | $23.7M | 0.61% | 8.42% | +12.6% | Q2 2023 |
| BIIB | $23.6M | 0.60% | 0.11% | +10.7% | Q1 2020 |
 MRVL | $22.9M | 0.59% | 0.03% | Not reported | Q1 2023 |
| NOW | $20.2M | 0.52% | 0.01% | Not reported | Q3 2019 |
| CTNM | $20.2M | 0.52% | 6.13% | Not reported | Q2 2024 |