Once Capital Management, LLC

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$373.6M

Reporting period: 2026-03-31 · Number of holdings: 22

ONCE CAPITAL MANAGEMENT, LLC disclosed 22 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $373.6M and a quarterly turnover rate of 37.3%.

Personality snowflake

Concentration: 52.22
Portfolio Stability: 37.35
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 44
Sizing Uniformity: 86

Recent moves

Add ASTS
0.0%　$8.1M
Add NVDA
0.0%　-$6.8M
Add RKLB
+11.2%　$901.4K
Add AMD
0.0%　-$1.3M
Add MRVL
-8.1%　$1.1M
Add AAPL
0.0%　-$1.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	NVDA	Nvidia CORP	Stock-Tech	26.23%	+4.73%	—
2	ASTS	Ast Spacemobile INC	Stock-Tech	17.53%	+5.75%	—
3	RKLB	Rocket Lab CORP	Stock-Industrials	10.62%	+2.66%	+11.15%
4	AMD	Advanced Micro Devices	Stock-Tech	6.82%	+1.32%	—
5	AAPL	Apple INC	Stock-Tech	5.50%	+0.99%	—
6	CRWD	Crowdstrike Holdings INC - A	Stock-Tech	5.33%	+0.43%	—
7	SPOT	Spotify Technology S.A.	Stock-Comm Services	5.20%	+0.42%	—
8	MRVL	Marvell Technology INC	Stock-Tech	4.43%	+1.26%	-8.14%
9	AMZN	Amazon.com INC	Stock-Consumer Disc	3.95%	+0.60%	—
10	MSFT	Microsoft CORP	Stock-Tech	3.29%	—	—
11	TSLA	Tesla INC	Stock-Consumer Disc	3.18%	+0.37%	+4.92%
12	SMR	Nuscale Power CORP	Stock-Industrials	1.63%	+0.31%	+24.39%
13	GBTC	Grayscale Bitcoin Trust ETF	ETF-Crypto	1.52%	+0.01%	—
14	LUNR	Intuitive Machines INC	Stock-Other	1.19%	+1.19%	NEW
15	PL	Planet Labs Pbc	Stock-Industrials	0.79%	+0.79%	NEW
16	NOW	Servicenow INC	Stock-Tech	0.70%	-0.41%	-29.08%
17	LEU	Centrus Energy Corp-class A	Stock-Energy	0.65%	+0.65%	NEW
18	SYM	Symbotic INC	Stock-Industrials	0.57%	+0.53%	+1076.47%
19	UUUU	Energy Fuels INC	Stock-Energy	0.54%	+0.36%	+83.33%
20	BTC	Grayscale Bitcoin Mini ETF	ETF-Crypto	0.17%	—	—
21	BWXT	Bwx Technologies INC	Stock-Industrials	0.14%	+0.14%	NEW
22	RR	Richtech Robotics Inc-cl B	Stock-Other	0.01%	—	—

Portfolio Performance

Performance for Q3 2026

-0.6%

Performance Last 4 Quarters

+21.8%

Based on 83% of reported portfolio value with available pricing

Stdev: +35.6%
Beta: +1.93
Alpha: +8.7%
Max Drawdown: -23.9%
Annualized Perf: +46.2%
Batting Avg vs S&P: +63.9%
Sortino: +2.72
Stutzer: +0.38
Treynor: +0.23
Sterling: +1.92
Calmar: +1.93
Information Ratio: +0.93
Tracking Error: +27.9%
Stdev Down: +16.4%
Winning Months %: +63.9%
Losing Months %: +36.1%
Best 12 Months: +111.2%
Worst 12 Months: +21.8%
Efficiency Ratio: +0.71
Sharpe: +1.25
Stdev Sectors: +26.3%
Skewness: +0.41
Kurtosis: -0.03
Upside Potential: +4.42

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	22	$373.6M	37	1NVDA 2ASTS 3RKLB Top holdings2026-03-31 1.NVDA 2.ASTS 3.RKLB 4.AMD 5.AAPL 6.CRWD 7.SPOT 8.MRVL 9.AMZN 10.MSFT
2025-12-31	23	$487.5M	13	1NVDA 2ASTS 3AAPL Top holdings2025-12-31 1.NVDA 2.ASTS 3.AAPL 4.RKLB 5.MRVL 6.AMD 7.CRWD 8.SPOT 9.AAPL 10.SNOW
2025-09-30	28	$450.9M	63	1NVDA 2AAPL 3ASTS Top holdings2025-09-30 1.NVDA 2.AAPL 3.ASTS 4.MRVL 5.SPOT 6.RKLB 7.CRWD 8.AAPL 9.AMD 10.SNOW
2025-06-30	17	$364.3M	0	1NVDA 2AAPL 3ASTS Top holdings2025-06-30 1.NVDA 2.AAPL 3.ASTS 4.SPOT 5.CRWD 6.RKLB 7.AMD 8.SNOW 9.AAPL 10.MSFT
2025-03-31	17	$219.0M	0	1NVDA 2SPOT 3CRWD Top holdings2025-03-31 1.NVDA 2.SPOT 3.CRWD 4.AAPL 5.ASTS 6.AMD 7.AMZN 8.MSFT 9.SNOW 10.MRVL
2024-12-31	18	$469.9M	0	1SPY 2NVDA 3SPOT Top holdings2024-12-31 1.SPY 2.NVDA 3.SPOT 4.CRWD 5.MRVL 6.AAPL 7.AMZN 8.MSFT 9.AMD 10.SNOW
2024-09-30	19	$464.9M	0	1SPY 2NVDA 3AAPL Top holdings2024-09-30 1.SPY 2.NVDA 3.AAPL 4.SPOT 5.AMD 6.CRWD 7.ASTS 8.MSFT 9.MRVL 10.AMZN
2024-06-30	24	$267.2M	0	1AFRM 2NVDA 3AAPL Top holdings2024-06-30 1.AFRM 2.NVDA 3.AAPL 4.AMD 5.SPOT 6.MSFT 7.CRWD 8.ASTS 9.AMZN 10.PINS
2024-03-31	24	$213.9M	0	1AAPL 2NVDA 3AMD Top holdings2024-03-31 1.AAPL 2.NVDA 3.AMD 4.MSFT 5.SPOT 6.AMZN 7.CRWD 8.MRVL 9.PINS 10.GBTC
2023-12-31	24	$139.1M	0	1NVDA 2AAPL 3AMD Top holdings2023-12-31 1.NVDA 2.AAPL 3.AMD 4.MSFT 5.AMZN 6.MRVL 7.PINS 8.SPOT 9.CRWD 10.CRM
2023-09-30	22	$105.1M	0	1NVDA 2AAPL 3AMD Top holdings2023-09-30 1.NVDA 2.AAPL 3.AMD 4.MSFT 5.MRVL 6.AMZN 7.SPOT 8.PINS 9.CRWD 10.CRM
2023-06-30	22	$107.0M	0	1NVDA 2AAPL 3MSFT Top holdings2023-06-30 1.NVDA 2.AAPL 3.MSFT 4.AMD 5.MRVL 6.AMZN 7.SPOT 8.PINS 9.SNOW 10.CRM
2023-03-31	23	$93.9M	0	1NVDA 2AAPL 3AMD Top holdings2023-03-31 1.NVDA 2.AAPL 3.AMD 4.MSFT 5.PINS 6.MRVL 7.AMZN 8.SPOT 9.CRM 10.CRWD
2022-12-31	23	$69.3M	0	1AAPL 2NVDA 3MSFT Top holdings2022-12-31 1.AAPL 2.NVDA 3.MSFT 4.AMD 5.PINS 6.MRVL 7.AMZN 8.SNOW 9.SPOT 10.CRWD
2022-09-30	23	$76.7M	0	1AAPL 2NVDA 3MSFT Top holdings2022-09-30 1.AAPL 2.NVDA 3.MSFT 4.AMD 5.AMZN 6.MRVL 7.CRWD 8.PINS 9.SNOW 10.SPOT
2022-06-30	23	$78.5M	0	1AAPL 2NVDA 3AMD Top holdings2022-06-30 1.AAPL 2.NVDA 3.AMD 4.MSFT 5.AMZN 6.MRVL 7.CRWD 8.SPOT 9.PINS 10.SNOW
2022-03-31	23	$109.4M	0	1NVDA 2AAPL 3MRVL Top holdings2022-03-31 1.NVDA 2.AAPL 3.MRVL 4.AMZN 5.AMD 6.MSFT 7.CRWD 8.SPOT 9.SNOW 10.PINS
2021-12-31	17	$106.8M	0	1NVDA 2AMD 3AAPL Top holdings2021-12-31 1.NVDA 2.AMD 3.AAPL 4.MRVL 5.SNOW 6.AMZN 7.MSFT 8.PINS 9.SPOT 10.CRWD

Holding changes this quarter

Once Capital Management, LLC's most significant position changes for 2026-03-31: Sold out: Apple Inc. (AAPL); Sold out: Marvell Technology, Inc. (MRVL); Sold out: Snowflake INC (SNOW); New buy: Intuitive Machines INC (LUNR); Sold out: AST SpaceMobile, Inc. (ASTS).

Position changes disclosed by Once Capital Management, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	ASTS	Ast Spacemobile INC	+5.8%	—	Unchanged
2	NVDA	Nvidia CORP	+4.7%	—	Unchanged
3	RKLB	Rocket Lab CORP	+2.7%	+11.15%	Add
4	AMD	Advanced Micro Devices	+1.3%	—	Unchanged
5	MRVL	Marvell Technology INC	+1.3%	-8.14%	Trim
6	AAPL	Apple INC	+1%	—	Unchanged
7	AMZN	Amazon.com INC	+0.6%	—	Unchanged
8	SYM	Symbotic INC	+0.5%	+1076.47%	Add
9	CRWD	Crowdstrike Holdings INC - A	+0.4%	—	Unchanged
10	SPOT	Spotify Technology S.A.	+0.4%	—	Unchanged
11	TSLA	Tesla INC	+0.4%	+4.92%	Add
12	UUUU	Energy Fuels INC	+0.4%	+83.33%	Add
13	SMR	Nuscale Power CORP	+0.3%	+24.39%	Add
14	GBTC	Grayscale Bitcoin Trust ETF	0%	—	Unchanged
15	MSFT	Microsoft CORP	—	—	Unchanged
16	BTC	Grayscale Bitcoin Mini ETF	—	—	Unchanged
17	RR	Richtech Robotics Inc-cl B	—	—	Unchanged
18	NOW	Servicenow INC	-0.4%	-29.08%	Trim
19	AAPL	Apple Inc.	—	EXIT	Sold out
20	MRVL	Marvell Technology, Inc.	—	EXIT	Sold out
21	SNOW	Snowflake INC	—	EXIT	Sold out
22	LUNR	Intuitive Machines INC	—	NEW	New buy
23	ASTS	AST SpaceMobile, Inc.	—	EXIT	Sold out
24	PL	Planet Labs Pbc	—	NEW	New buy
25	LEU	Centrus Energy Corp-class A	—	NEW	New buy
26	✓	Virgin Galactic Holdings INC	—	EXIT	Sold out
27	BWXT	Bwx Technologies INC	—	NEW	New buy

FAQ

What is Once Capital Management, LLC and what type of investor is it?

Once Capital Management, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $373.6M, spread across 22 disclosed positions.

What are Once Capital Management, LLC's largest equity positions?

Based on the latest 13F filing, Once Capital Management, LLC's top holdings by market value are: 1. Nvidia CORP (NVDA) — $98.0M (26.2%) 2. Ast Spacemobile INC (ASTS) — $65.5M (17.5%) 3. Rocket Lab CORP (RKLB) — $39.7M (10.6%) 4. Advanced Micro Devices (AMD) — $25.5M (6.8%) 5. Apple INC (AAPL) — $20.5M (5.5%)

What changes did Once Capital Management, LLC make in its most recent portfolio filing?

In the latest reported quarter, Once Capital Management, LLC made 16 notable position adjustments: 4 new positions were initiated, 5 existing holdings were added to, 2 positions were partially reduced, and 5 were completely exited. The largest of these moves: Sold out: Apple Inc. (AAPL); Sold out: Marvell Technology, Inc. (MRVL); Sold out: Snowflake INC (SNOW); New buy: Intuitive Machines INC (LUNR); Sold out: AST SpaceMobile, Inc. (ASTS)

What sectors does Once Capital Management, LLC focus on?

Once Capital Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 71.9% • Industrials: 14.2% • Consumer Discretionary: 7.3% • Communication Services: 5.4% • Energy: 1.2%