NC
Nishkama Capital, LLC: 13F Holdings & AI Insights
Nishkama Capital, LLCCIK: 0001633799
Diversified strategyHigh-turnover traderContrarian
Total reported value
$1.6B
Reporting period: 2026-03-31 · Number of holdings: 52
Nishkama Capital, LLC disclosed 52 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.6B and a quarterly turnover rate of 129.7%.
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Personality snowflake
- Concentration
- 30.17
- Portfolio Stability
- 100
- Momentum/Contrarian
- 0
- Sector conviction
- 61.36
- Diversification
- 100
- Sizing Uniformity
- 82.96
Nishkama Capital, LLC's disclosed holdings carry a Herfindahl concentration index of 0.075 — mathematically equivalent to about 13 equally-sized positions, well below its 52 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.70), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 56% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Recent moves
Trim SPY
-61.1% -$438.2M
Trim IWM
-71.9% -$235.9M
Trim AMZN
-67.5% -$88.4M
Trim QQQ
-48.6% -$145.1M
Add WMB
+60.3% $17.6M
Add TXN
+128.4% $15.2M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 51 holdings (of 52 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 16.29% | -11.62% | -61.12% | |
| 2 | EQIX | Equinix INC | Stock-Real Estate | 15.95% | +15.95% | NEW | |
| 3 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 8.56% | -2.69% | -48.58% | |
| 4 | SMH | Vaneck Semiconductor ETF | ETF-Other | 8.31% | +8.31% | NEW | |
| 5 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 5.87% | -7.31% | -71.93% | |
| 6 | AMZN | Amazon.com INC | Stock-Consumer Disc | 2.31% | -2.70% | -67.51% | |
| 7 | WMB | Williams Cos INC | Stock-Energy | 2.29% | +1.54% | +60.31% | |
| 8 | ASML | ASML Holding N.V. | Stock-Tech | 1.96% | +1.96% | NEW | |
| 9 | STM | Stmicroelectronics Nv-ny Shs | Stock-Tech | 1.83% | +1.83% | NEW | |
| 10 | AMAT | Applied Materials INC | Stock-Tech | 1.81% | +1.81% | NEW | |
| 11 | WMT | Walmart INC | Stock-Consumer Staples | 1.76% | +1.76% | NEW | |
| 12 | RKT | Rocket Cos Inc-class A | Stock-Financials | 1.61% | +1.12% | +183.90% | |
| 13 | TXN | Texas Instruments INC | Stock-Tech | 1.58% | +1.19% | +128.39% | |
| 14 | EQT | Eqt CORP | Stock-Energy | 1.50% | +1.01% | +64.10% | |
| 15 | TGT | Target CORP | Stock-Consumer Disc | 1.38% | +1.38% | NEW | |
| 16 | C | Citigroup INC | Stock-Financials | 1.36% | +1.36% | NEW | |
| 17 | GDS | Gds Holdings LTD - Adr | Stock-Other | 1.27% | — | -10.62% | |
| 18 | STX | Seagate Technology Holdings plc | Stock-Tech | 1.24% | +1.07% | +226.40% | |
| 19 | AMD | Advanced Micro Devices | Stock-Tech | 1.20% | +1.20% | NEW | |
| 20 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 1.19% | — | -39.13% | |
| 21 | FIGR | Figure Technology Solut-cl A | Stock-Other | 1.16% | -0.08% | -28.15% | |
| 22 | W | Wayfair Inc- Class A | Stock-Consumer Disc | 1.16% | +1.16% | NEW | |
| 23 | FDX | Fedex CORP | Stock-Industrials | 1.01% | +1.01% | NEW | |
| 24 | CAT | Caterpillar INC | Stock-Industrials | 1.01% | +1.01% | NEW | |
| 25 | COHR | Coherent CORP | Stock-Tech | 1.00% | — | -2.50% | |
| 26 | FWONK | Liberty Media Corp-formula-c | Stock-Comm Services | 0.97% | +0.97% | NEW | |
| 27 | WFC | Wells Fargo & Co | Stock-Financials | 0.95% | +0.95% | NEW | |
| 28 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.84% | +0.84% | NEW | |
| 29 | ENTG | Entegris INC | Stock-Tech | 0.83% | -0.25% | -64.89% | |
| 30 | SHLS | Shoals Technologies Group -a | Stock-Other | 0.83% | — | +83.54% | |
| 31 | ZM | Zoom Communications INC | Stock-Tech | 0.80% | +0.80% | NEW | |
| 32 | BE | Bloom Energy Corp- A | Stock-Industrials | 0.79% | — | -61.78% | |
| 33 | TSEM | Tower Semiconductor Ltd. | Stock-Tech | 0.77% | +0.77% | NEW | |
| 34 | UBER | Uber Technologies INC | Stock-Industrials | 0.76% | +0.76% | NEW | |
| 35 | NU | Nu Holdings Ltd. | Stock-Financials | 0.76% | — | -25.13% | |
| 36 | IMAX | Imax CORP | Stock-Other | 0.71% | — | +84.19% | |
| 37 | GRAB | Grab Holdings Limited | Stock-Tech | 0.67% | — | +61.70% | |
| 38 | FCX | Freeport-mcmoran INC | Stock-Materials | 0.62% | — | — | |
| 39 | CORZ | Core Scientific INC | Stock-Tech | 0.61% | — | — | |
| 40 | BIDU | Baidu INC - Spon Adr | Stock-Comm Services | 0.59% | — | — | |
| 41 | AKAM | Akamai Technologies INC | Stock-Tech | 0.57% | — | — | |
| 42 | CPNG | Coupang INC | Stock-Consumer Disc | 0.57% | — | — | |
| 43 | COIN | Coinbase Global INC -class A | Stock-Financials | 0.52% | — | — | |
| 44 | ARM | Arm Holdings Plc-adr | Stock-Tech | 0.40% | — | — | |
| 45 | VRSN | Verisign INC | Stock-Tech | 0.37% | — | — | |
| 46 | VNET | Vnet Group Inc-adr | Stock-Other | 0.35% | — | — | |
| 47 | WRBY | Warby Parker Inc-class A | Stock-Other | 0.35% | — | -45.66% | |
| 48 | ✓ | Pics NV | Stock-Other | 0.31% | — | — | |
| 49 | AZ | A2z Cust2mate Solutions CORP | Stock-Other | 0.20% | — | — | |
| 50 | ARRY | Array Technologies INC | Stock-Other | 0.14% | — | — |
1–50 of 51
Portfolio Performance
Performance for Q3 2026
+1.3%
Performance Last 4 Quarters
+15.4%
Based on 88% of reported portfolio value with available pricing
- Stdev
- +17.7%
- Beta
- +1.23
- Alpha
- -5.3%
- Max Drawdown
- -8.8%
- Annualized Perf
- +17.2%
- Batting Avg vs S&P
- +47.2%
- Sortino
- +1.95
- Stutzer
- +0.3
- Treynor
- +0.14
- Sterling
- +0.93
- Calmar
- +1.97
- Information Ratio
- -0.12
- Tracking Error
- +7.9%
- Stdev Down
- +9%
- Winning Months %
- +66.7%
- Losing Months %
- +33.3%
- Best 12 Months
- +37.9%
- Worst 12 Months
- +4.1%
- Efficiency Ratio
- +0.43
- Sharpe
- +0.99
- Stdev Sectors
- +10.2%
- Skewness
- +0.5
- Kurtosis
- +0.52
- Upside Potential
- +3.63
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 52 | $1.6B | 100 | |
| 2025-12-31 | 61 | $2.5B | 92 | |
| 2025-09-30 | 113 | $4.2B | 100 | |
| 2025-06-30 | 67 | $2.7B | 0 | |
| 2025-03-31 | 49 | $936.1M | 100 | |
| 2024-12-31 | 59 | $1.5B | 0 | |
| 2024-09-30 | 87 | $1.3B | 0 | |
| 2024-06-30 | 58 | $1.3B | 0 | |
| 2024-03-31 | 91 | $1.3B | 0 | |
| 2023-12-31 | 70 | $519.2M | 0 | |
| 2023-09-30 | 35 | $306.4M | 0 | |
| 2023-06-30 | 52 | $747.2M | 0 | |
| 2023-03-31 | 54 | $467.1M | 0 | |
| 2022-12-31 | 47 | $299.7M | 0 | |
| 2022-09-30 | 24 | $224.2M | 0 | |
| 2022-06-30 | 32 | $246.4M | 0 | |
| 2022-03-31 | 27 | $352.4M | 0 | |
| 2021-12-31 | 34 | $405.6M | 0 | |
| 2021-09-30 | 32 | $343.5M | 0 | |
| 2021-06-30 | 36 | $438.0M | 92 | |
| 2021-03-31 | 31 | $370.9M | 100 | |
| 2020-12-31 | 42 | $532.1M | 100 | |
| 2020-09-30 | 32 | $217.6M | 93 | |
| 2020-06-30 | 27 | $236.6M | 100 | |
| 2020-03-31 | 27 | $69.9M | 100 | |
| 2019-12-31 | 36 | $170.4M | 100 | |
| 2019-09-30 | 21 | $92.8M | 100 | |
| 2019-06-30 | 38 | $174.1M | 100 | |
| 2019-03-31 | 38 | $133.8M | 100 | |
| 2018-12-31 | 28 | $77.9M | 0 |
Holding changes this quarter
Nishkama Capital, LLC's most significant position changes for 2026-03-31: New buy: Equinix INC (EQIX); Sold out: Nvidia CORP (NVDA); New buy: Vaneck Semiconductor ETF (SMH); Sold out: Spdr Gold Shares (GLD); Sold out: Alibaba Group Holding-sp Adr (BABA).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | WMB | Williams Cos INC | +1.5% | +60.31% | Add |
| 2 | TXN | Texas Instruments INC | +1.2% | +128.39% | Add |
| 3 | RKT | Rocket Cos Inc-class A | +1.1% | +183.90% | Add |
| 4 | STX | Seagate Technology Holdings plc | +1.1% | +226.40% | Add |
| 5 | EQT | Eqt CORP | +1% | +64.10% | Add |
| 6 | FIGR | Figure Technology Solut-cl A | -0.1% | -28.15% | Trim |
| 7 | ENTG | Entegris INC | -0.3% | -64.89% | Trim |
| 8 | QQQ | Invesco Qqq Trust Series 1 | -2.7% | -48.58% | Trim |
| 9 | AMZN | Amazon.com INC | -2.7% | -67.51% | Trim |
| 10 | IWM | Ishares Russell 2000 ETF | -7.3% | -71.93% | Trim |
| 11 | SPY | Ss Spdr S&p 500 ETF Trust-us | -11.6% | -61.12% | Trim |
| 12 | EQIX | Equinix INC | — | NEW | New buy |
| 13 | NVDA | Nvidia CORP | — | EXIT | Sold out |
| 14 | SMH | Vaneck Semiconductor ETF | — | NEW | New buy |
| 15 | GLD | Spdr Gold Shares | — | EXIT | Sold out |
| 16 | BABA | Alibaba Group Holding-sp Adr | — | EXIT | Sold out |
| 17 | MSFT | Microsoft CORP | — | EXIT | Sold out |
| 18 | APP | Applovin Corp-class A | — | EXIT | Sold out |
| 19 | TLT | Ishares 20+ Year Treasury Bd | — | EXIT | Sold out |
| 20 | ASML | ASML Holding N.V. | — | NEW | New buy |
| 21 | STM | Stmicroelectronics Nv-ny Shs | — | NEW | New buy |
| 22 | AMAT | Applied Materials INC | — | NEW | New buy |
| 23 | EPAM | Epam Systems INC | — | EXIT | Sold out |
| 24 | WMT | Walmart INC | — | NEW | New buy |
| 25 | FISV | Fiserv INC | — | EXIT | Sold out |
| 26 | SLV | Ishares Silver Trust | — | EXIT | Sold out |
| 27 | TGT | Target CORP | — | NEW | New buy |
| 28 | FSLR | First Solar INC | — | EXIT | Sold out |
| 29 | C | Citigroup INC | — | NEW | New buy |
| 30 | UPST | Upstart Holdings INC | — | EXIT | Sold out |
| 31 | AMD | Advanced Micro Devices | — | NEW | New buy |
| 32 | W | Wayfair Inc- Class A | — | NEW | New buy |
| 33 | Z | Zillow Group INC - C | — | EXIT | Sold out |
| 34 | CVNA | Carvana Co | — | EXIT | Sold out |
| 35 | FDX | Fedex CORP | — | NEW | New buy |
| 36 | CAT | Caterpillar INC | — | NEW | New buy |
| 37 | FWONK | Liberty Media Corp-formula-c | — | NEW | New buy |
| 38 | NFLX | Netflix INC | — | EXIT | Sold out |
| 39 | WFC | Wells Fargo & Co | — | NEW | New buy |
| 40 | SE | Sea Ltd-adr | — | EXIT | Sold out |
| 41 | GOOGL | Alphabet Inc-cl A | — | NEW | New buy |
| 42 | ZM | Zoom Communications INC | — | NEW | New buy |
| 43 | CLS | Celestica INC | — | EXIT | Sold out |
| 44 | XYZ | Block INC | — | EXIT | Sold out |
| 45 | TSEM | Tower Semiconductor Ltd. | — | NEW | New buy |
| 46 | RDDT | Reddit Inc-cl A | — | EXIT | Sold out |
| 47 | SHOP | Shopify INC - Class A | — | EXIT | Sold out |
| 48 | UBER | Uber Technologies INC | — | NEW | New buy |
| 49 | U | Unity Software INC | — | EXIT | Sold out |
| 50 | WULF | Terawulf INC | — | EXIT | Sold out |
Filing History
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-15 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-17 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-11-14 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-14 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-14 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-14 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-11-14 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-08-14 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-05-15 | 13F-HR | View on EDGAR |
| 2023-12-31 | 2024-02-14 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2023-11-14 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2023-08-14 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2023-05-12 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2023-02-14 | 13F-HR | View on EDGAR |
| 2022-09-30 | 2022-11-14 | 13F-HR | View on EDGAR |
| 2022-06-30 | 2022-08-15 | 13F-HR | View on EDGAR |
| 2022-03-31 | 2022-05-16 | 13F-HR | View on EDGAR |
| 2021-12-31 | 2022-02-14 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-11-15 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-08-11 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-05-12 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2021-02-16 | 13F-HR | View on EDGAR |
| 2020-09-30 | 2020-11-16 | 13F-HR | View on EDGAR |
| 2020-06-30 | 2020-08-14 | 13F-HR | View on EDGAR |
| 2020-03-31 | 2020-05-15 | 13F-HR | View on EDGAR |
| 2019-12-31 | 2020-02-14 | 13F-HR | View on EDGAR |
| 2019-09-30 | 2019-11-14 | 13F-HR | View on EDGAR |
| 2019-06-30 | 2019-08-14 | 13F-HR | View on EDGAR |
| 2019-03-31 | 2019-05-14 | 13F-HR | View on EDGAR |
| 2018-12-31 | 2019-02-14 | 13F-HR | View on EDGAR |
FAQ
What is Nishkama Capital, LLC and what type of investor is it?
Nishkama Capital, 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 $1.6B, spread across 52 disclosed positions.
What are Nishkama Capital, LLC's largest equity positions?
Based on the latest 13F filing, Nishkama Capital, LLC's top holdings by market value are:
1. Ss Spdr S&p 500 ETF Trust-us (SPY) — $258.2M (16.3%)
2. Equinix INC (EQIX) — $252.9M (15.9%)
3. Invesco Qqq Trust Series 1 (QQQ) — $135.6M (8.6%)
4. Vaneck Semiconductor ETF (SMH) — $131.7M (8.3%)
5. Ishares Russell 2000 ETF (IWM) — $93.0M (5.9%)
What changes did Nishkama Capital, LLC make in its most recent portfolio filing?
In the latest reported quarter, Nishkama Capital, LLC made 50 notable position adjustments: 18 new positions were initiated, 5 existing holdings were added to, 6 positions were partially reduced, and 21 were completely exited. The largest of these moves: New buy: Equinix INC (EQIX); Sold out: Nvidia CORP (NVDA); New buy: Vaneck Semiconductor ETF (SMH); Sold out: Spdr Gold Shares (GLD); Sold out: Alibaba Group Holding-sp Adr (BABA)
What sectors does Nishkama Capital, LLC focus on?
Nishkama Capital, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 30.3%
• Real Estate: 28.7%
• Consumer Discretionary: 9.8%
• Financials: 9.4%
• Energy: 6.8%
• Industrials: 6.4%
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