Totem Point Management, LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Totem Point Management, LLC maintained a portfolio of 19 distinct positions. The most significant new addition to the portfolio was HEWLETT PACKARD ENTE, which now represents 9.74% of the total fund value. They heavily accumulated shares in SPOTIFY TECHNOLOGY S, increasing their position by 39.6%. Conversely, Totem Point Management, LLC completely exited their position in ROBLOX CORP.
PCA Score Concentration Risk
Risk ENB
Total Positions
19
Quarter
2025 Q4
Top Holding
SPOT (11.8%)
Top 10 Concentration
94.3%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-19 of 19
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
SPOT
SPOTIFY TECHNOL...
Communication Services 11.78% 9.07% #1 3
Prev: #4
6.8 5,770 39.6%
P
S
20,336 $11,809,319 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SPGI
S&P GLOBAL INC
Financial Services 11.77% 5.37% #2 7
Prev: #9
7.0 10,210 82.5%
P
S
22,579 $11,799,560 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
TAIWAN SEMICOND...
Technology 11.55% 10.79% #3 1
Prev: #2
4.7 -5,211 -12.0%
P
S
38,096 $11,576,993 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NVDA
NVIDIA CORPORAT...
Technology 10.32% 12.73% #4 3
Prev: #1
4.2 -21,102 -27.6%
P
S
55,442 $10,339,933 2020 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TTWO
TAKE-TWO INTERA...
Communication Services 10.06% 9.89% #5 2
Prev: #3
4.1 -3,549 -8.3%
P
S
39,402 $10,088,094 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MU
MICRON TECHNOLO...
Technology 9.81% 8.73% #6 1
Prev: #5
4.0 -24,030 -41.1%
P
S
34,453 $9,833,231 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
HPE
HEWLETT PACKARD...
Technology 9.74% #7
Prev: #—
5.9 406,506 no change
NEW
406,506 $9,764,274 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BILL
BILL HOLDINGS I...
Technology 8.44% 3.36% #8 6
Prev: #14
5.7 83,875 117.8%
P
S
155,100 $8,459,154 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ON
ON SEMICONDUCTO...
Technology 6.67% #9
Prev: #—
4.7 123,407 no change
NEW
123,407 $6,682,489 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BKNG
BOOKING HOLDING...
Consumer Cyclical 4.19% 3.61% #10 3
Prev: #13
3.7 35 4.7%
P
S
784 $4,198,579 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MCO
MOODYS CORP
Financial Services 2.01% #11
Prev: #—
2.8 3,953 no change
NEW
3,953 $2,019,390 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
APP
APPLOVIN CORP
Communication Services 1.65% 4.68% #12 2
Prev: #10
0.9 -4,846 -66.4%
P
S
2,457 $1,655,576 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AVGO
BROADCOM INC
Technology 1.43% 6.98% #13 5
Prev: #8
0.8 -19,569 -82.5%
P
S
4,143 $1,433,892 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
FWONK
LIBERTY MEDIA C...
Communication Services 0.57% #14
Prev: #—
2.2 5,789 no change
NEW
5,789 $570,274 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RBLX
ROBLOX CORP
Communication Services 0.00% 7.63%
Sold All 😨
(Was: #6)
0.3 -61,766 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SE
SEA LTD
Consumer Cyclical 0.00% 7.01%
Sold All 😨
(Was: #7)
0.3 -43,978 -100.0%
CLOSED
$— 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MMYT
MAKEMYTRIP LIMI...
Consumer Cyclical 0.00% 3.92%
Sold All 😨
(Was: #11)
0.3 -46,989 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SNDK
SANDISK CORP
Technology 0.00% 3.79%
Sold All 😨
(Was: #12)
0.3 -37,835 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AMD
ADVANCED MICRO ...
Technology 0.00% 2.46%
Sold All 😨
(Was: #15)
0.3 -17,019 -100.0%
CLOSED
$— 2019 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-19 of 19 holdings

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