AI Portfolio Summary
In 2025 Q4, Heard Capital LLC maintained a portfolio of 21 distinct positions. The most significant new addition to the portfolio was LAM RESEARCH CORP, which now represents 10.39% of the total fund value. They heavily accumulated shares in TRANSDIGM GROUP INC, increasing their position by 8.9%. The fund also reduced its exposure to AMERICAN EXPRESS CO by 19.8%.
Total Positions
21
Quarter
2025 Q4
Top Holding
FICO (11.8%)
Top 10 Concentration
87.8%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-21 of 21
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
FICO
FAIR ISAAC CORP
|
Technology | 11.78% | 12.10% |
#1
Prev: #1
|
4.7 | -1,132 | -0.8% |
P
S
|
148,398 | $250,884,627 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TDG
TRANSDIGM GROUP...
|
Industrials | 10.65% | 11.17% |
#2
Prev: #2
|
6.3 | 13,906 | 8.9% |
P
S
|
170,629 | $226,910,976 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LRCX
LAM RESEARCH CO...
|
Technology | 10.39% | — |
#3
Prev: #—
|
6.2 | 1,292,655 | no change |
NEW
|
1,292,655 | $221,276,683 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
APO
APOLLO GLOBAL M...
|
Financial Services | 10.28% | 10.51% |
#4
Prev: #4
|
6.1 | 53,320 | 3.7% |
P
S
|
1,512,015 | $218,879,291 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMT
AMERICAN TOWER ...
|
Real Estate | 9.58% | 10.57% |
#5
2
Prev: #3
|
5.9 | 146,075 | 14.4% |
P
S
|
1,162,440 | $204,089,591 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BX
BLACKSTONE INC
|
Financial Services | 8.34% | 10.03% |
#6
Prev: #6
|
5.4 | 67,610 | 6.2% |
P
S
|
1,153,040 | $177,729,586 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AVAV
AEROVIRONMENT I...
|
Industrials | 8.20% | 8.29% |
#7
Prev: #7
|
5.4 | 235,685 | 48.4% |
P
S
|
722,150 | $174,680,864 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PLTR
PALANTIR TECHNO...
|
Technology | 7.54% | 10.19% |
#8
3
Prev: #5
|
3.1 | -129,809 | -12.6% |
P
S
|
903,109 | $160,527,625 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AXP
AMERICAN EXPRES...
|
Financial Services | 6.01% | 7.76% |
#9
1
Prev: #8
|
2.5 | -85,605 | -19.8% |
P
S
|
346,135 | $128,052,643 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ADBE
ADOBE INC
|
Technology | 5.06% | 5.65% |
#10
Prev: #10
|
4.0 | 11,637 | 3.9% |
P
S
|
308,002 | $107,797,620 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ESLT
ELBIT SYS LTD
|
Industrials | 4.84% | 5.95% |
#11
2
Prev: #9
|
2.0 | -37,269 | -17.3% |
P
S
|
178,571 | $103,162,252 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MC
MOELIS & CO
|
Financial Services | 3.17% | 2.92% |
#12
1
Prev: #11
|
3.4 | 224,970 | 29.7% |
P
S
|
981,510 | $67,468,997 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ATEX
ANTERIX INC
|
Communication Services | 1.76% | 1.99% |
#13
Prev: #13
|
0.7 | no change | no change |
P
S
|
1,716,738 | $37,476,391 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TSAT
TELESAT CORP
|
Technology | 1.68% | 2.11% |
#14
2
Prev: #12
|
0.7 | -244,992 | -16.6% |
P
S
|
1,227,343 | $35,715,681 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EQIX
EQUINIX INC
|
Real Estate | 0.18% | 0.20% |
#15
1
Prev: #14
|
2.1 | 452 | 9.7% |
P
S
|
5,105 | $3,911,247 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 0.18% | 0.20% |
#16
1
Prev: #15
|
2.1 | 120 | 0.7% |
P
S
|
16,620 | $3,836,228 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
QCOM
QUALCOMM INC
|
Technology | 0.15% | 0.13% |
#17
1
Prev: #16
|
2.1 | 3,770 | 26.0% |
P
S
|
18,250 | $3,121,663 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ARES
ARES MANAGEMENT...
|
Financial Services | 0.08% | 0.10% |
#18
1
Prev: #17
|
0.0 | no change | no change |
P
S
|
11,150 | $1,802,175 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PLD
PROLOGIS INC.
|
Real Estate | 0.05% | 0.05% |
#19
1
Prev: #18
|
0.0 | no change | no change |
P
S
|
8,600 | $1,097,876 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IAC
IAC INC
|
Communication Services | 0.05% | 0.04% |
#20
1
Prev: #19
|
2.1 | 4,250 | 19.9% |
P
S
|
25,557 | $999,279 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CHTR
CHARTER COMMUNI...
|
Communication Services | 0.03% | 0.03% |
#21
1
Prev: #20
|
2.1 | 320 | 14.0% |
P
S
|
2,602 | $543,168 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-21 of 21 holdings