Cypress Funds LLC: 13F Holdings & AI Insights

ContrarianQuality / disciplined sizingSector-focused

Total reported value

$397.6M

Reporting period: 2026-03-31 · Number of holdings: 14

CYPRESS FUNDS LLC disclosed 14 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $397.6M and a quarterly turnover rate of 47.6%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "C"

Personality snowflake

Concentration: 34.07
Portfolio Stability: 47.6
Momentum/Contrarian: 0
Sector conviction: 85.35
Diversification: 28
Sizing Uniformity: 95.45

Recent moves

New buy FWONK
Sold out ASML
Trim AAPL
-60.2%　-$20.3M
Trim FICO
-22.4%　-$27.0M
Add WMT
-22.4%　-$4.8M
Trim MSFT
-22.5%　-$31.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AMZN	Amazon.com INC	Stock-Consumer Disc	14.36%	+0.86%	-22.47%
2	MSFT	Microsoft CORP	Stock-Tech	11.42%	-1.23%	-22.46%
3	NVDA	Nvidia CORP	Stock-Tech	11.05%	+1.04%	-22.35%
4	WMT	Walmart INC	Stock-Consumer Staples	7.88%	+1.90%	-22.36%
5	MA	Mastercard INC - A	Stock-Financials	7.29%	+0.23%	-22.43%
6	SPGI	S&p Global INC	Stock-Financials	7.02%	-0.29%	-22.43%
7	AVGO	Broadcom INC	Stock-Tech	7.00%	+0.37%	-22.34%
8	FICO	Fair Isaac CORP	Stock-Tech	6.52%	-2.22%	-22.36%
9	META	Meta Platforms Inc-class A	Stock-Comm Services	6.20%	+0.14%	-22.29%
10	TDG	Transdigm Group INC	Stock-Industrials	6.03%	+0.15%	-22.55%
11	CDNS	Cadence Design Sys INC	Stock-Tech	5.41%	+0.25%	-22.37%
12	FWONK	Liberty Media Corp-formula-c	Stock-Comm Services	3.96%	+3.96%	NEW
13	AAPL	Apple INC	Stock-Tech	3.02%	-2.32%	-60.15%
14	TYL	Tyler Technologies INC	Stock-Tech	2.82%	-0.39%	-23.35%

Portfolio Performance

Performance for Q3 2026

+0.8%

Performance Last 4 Quarters

+5.8%

Based on 82% of reported portfolio value with available pricing

Stdev: +19.2%
Beta: +1.28
Alpha: -7.3%
Max Drawdown: -11.6%
Annualized Perf: +15.6%
Batting Avg vs S&P: +52.8%
Sortino: +1.63
Stutzer: +0.25
Treynor: +0.13
Sterling: +0.76
Calmar: +1.34
Information Ratio: -0.21
Tracking Error: +10%
Stdev Down: +10%
Winning Months %: +61.1%
Losing Months %: +38.9%
Best 12 Months: +40.5%
Worst 12 Months: +5.8%
Efficiency Ratio: +0.34
Sharpe: +0.85
Stdev Sectors: +14%
Skewness: +0.48
Kurtosis: +0.33
Upside Potential: +3.48

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	14	$397.6M	48	1AMZN 2MSFT 3NVDA Top holdings2026-03-31 1.AMZN 2.MSFT 3.NVDA 4.WMT 5.MA 6.SPGI 7.AVGO 8.FICO 9.META 10.TDG
2025-12-31	14	$604.7M	23	1AMZN 2MSFT 3NVDA Top holdings2025-12-31 1.AMZN 2.MSFT 3.NVDA 4.FICO 5.SPGI 6.MA 7.AVGO 8.META 9.WMT 10.TDG
2025-09-30	15	$763.2M	40	1MSFT 2AMZN 3NVDA Top holdings2025-09-30 1.MSFT 2.AMZN 3.NVDA 4.FICO 5.MA 6.SPGI 7.META 8.AVGO 9.TDG 10.CDNS
2025-06-30	16	$1.2B	0	1QQQ 2MSFT 3AMZN Top holdings2025-06-30 1.QQQ 2.MSFT 3.AMZN 4.NVDA 5.FICO 6.META 7.SPGI 8.CDNS 9.MA 10.TDG
2025-03-31	14	$397.6M	100	1AMZN 2MSFT 3NVDA Top holdings2025-03-31 1.AMZN 2.MSFT 3.NVDA 4.WMT 5.MA 6.SPGI 7.AVGO 8.FICO 9.META 10.TDG
2024-12-31	15	$922.4M	0	146090E2AMZN 3MSFT Top holdings2024-12-31 1.46090E 2.AMZN 3.MSFT 4.FICO 5.NVDA 6.CDNS 7.META 8.SPGI 9.MA 10.AVGO
2024-09-30	15	$930.5M	0	1QQQ 2FICO 3MSFT Top holdings2024-09-30 1.QQQ 2.FICO 3.MSFT 4.AMZN 5.NVDA 6.SPGI 7.META 8.CDNS 9.MA 10.AVGO
2024-06-30	13	$745.2M	0	1MSFT 2AMZN 3FICO Top holdings2024-06-30 1.MSFT 2.AMZN 3.FICO 4.NVDA 5.CDNS 6.AVGO 7.SPGI 8.META 9.MA 10.AAPL
2024-03-31	14	$931.8M	0	1NVDA 2MSFT 3AMZN Top holdings2024-03-31 1.NVDA 2.MSFT 3.AMZN 4.FICO 5.AVGO 6.SPGI 7.CDNS 8.MA 9.META 10.AAPL
2023-12-31	15	$860.6M	0	1MSFT 2NVDA 3AMZN Top holdings2023-12-31 1.MSFT 2.NVDA 3.AMZN 4.FICO 5.BA 6.SPGI 7.AAPL 8.MA 9.CDNS 10.AVGO
2023-09-30	14	$744.3M	0	1MSFT 2NVDA 3AMZN Top holdings2023-09-30 1.MSFT 2.NVDA 3.AMZN 4.BA 5.FICO 6.AAPL 7.SPGI 8.MA 9.F 10.HES
2023-06-30	14	$795.7M	0	1MSFT 2NVDA 3BA Top holdings2023-06-30 1.MSFT 2.NVDA 3.BA 4.AMZN 5.FICO 6.AAPL 7.F 8.SPGI 9.MA 10.QCOM
2023-03-31	14	$708.1M	0	1MSFT 2BA 3NVDA Top holdings2023-03-31 1.MSFT 2.BA 3.NVDA 4.FICO 5.AMZN 6.AAPL 7.F 8.SPGI 9.MA 10.SE
2022-12-31	13	$574.5M	0	1MSFT 2BA 3FICO Top holdings2022-12-31 1.MSFT 2.BA 3.FICO 4.AMZN 5.AAPL 6.NVDA 7.F 8.SPGI 9.QCOM 10.MA
2022-09-30	13	$555.8M	0	1AMZN 2MSFT 3AAPL Top holdings2022-09-30 1.AMZN 2.MSFT 3.AAPL 4.BA 5.FICO 6.F 7.QCOM 8.NVDA 9.SPGI 10.MA
2022-06-30	15	$636.9M	0	1MSFT 2AAPL 3NVDA Top holdings2022-06-30 1.MSFT 2.AAPL 3.NVDA 4.AMZN 5.DHI 6.QCOM 7.FICO 8.F 9.SPGI 10.MA
2022-03-31	16	$902.5M	0	1AMZN 2NVDA 3MSFT Top holdings2022-03-31 1.AMZN 2.NVDA 3.MSFT 4.AAPL 5.F 6.SE 7.DHI 8.QCOM 9.FICO 10.SPGI
2021-12-31	16	$1.2B	0	1SE 2F 3NVDA Top holdings2021-12-31 1.SE 2.F 3.NVDA 4.AMZN 5.MSFT 6.DHI 7.QCOM 8.AAPL 9.ROKU 10.LEN
2021-09-30	18	$1.2B	0	1SE 2AMZN 3MSFT Top holdings2021-09-30 1.SE 2.AMZN 3.MSFT 4.ROKU 5.NVDA 6.DHI 7.AAPL 8.F 9.QCOM 10.COP
2021-06-30	18	$1.2B	100	1SE 2ROKU 3AMZN Top holdings2021-06-30 1.SE 2.ROKU 3.AMZN 4.MSFT 5.DHI 6.NVDA 7.QCOM 8.F 9.AAPL 10.LEN
2021-03-31	17	$1.1B	27	1SE 2AMZN 3ROKU Top holdings2021-03-31 1.SE 2.AMZN 3.ROKU 4.DHI 5.MSFT 6.NVDA 7.LEN 8.QCOM 9.FICO 10.Z
2020-12-31	17	$1.1B	19	1SE 2AMZN 3ROKU Top holdings2020-12-31 1.SE 2.AMZN 3.ROKU 4.MSFT 5.DHI 6.QCOM 7.FICO 8.MA 9.NVDA 10.AAPL
2020-09-30	16	$935.7M	24	1AMZN 2SE 3MSFT Top holdings2020-09-30 1.AMZN 2.SE 3.MSFT 4.DHI 5.NVDA 6.SPGI 7.ROKU 8.MA 9.FICO 10.CRM
2020-06-30	15	$733.5M	42	1AMZN 2SE 3MSFT Top holdings2020-06-30 1.AMZN 2.SE 3.MSFT 4.FICO 5.NVDA 6.MA 7.DHI 8.META 9.AAPL 10.SPGI
2020-03-31	14	$478.1M	50	1AMZN 2MSFT 3MA Top holdings2020-03-31 1.AMZN 2.MSFT 3.MA 4.SE 5.FICO 6.NVDA 7.META 8.SPGI 9.LMT 10.CRM
2019-12-31	15	$539.2M	48	1ROKU 2AMZN 3MSFT Top holdings2019-12-31 1.ROKU 2.AMZN 3.MSFT 4.META 5.LMT 6.SE 7.FICO 8.CRM 9.DHI 10.INTU
2019-09-30	17	$513.2M	76	1FICO 2AMZN 3ROKU Top holdings2019-09-30 1.FICO 2.AMZN 3.ROKU 4.MSFT 5.XPO 6.LMT 7.META 8.INTU 9.CRM 10.SE
2019-06-30	19	$635.0M	45	1BA 2AMZN 3INTU Top holdings2019-06-30 1.BA 2.AMZN 3.INTU 4.META 5.MSFT 6.CRM 7.ROKU 8.LMT 9.OKTA 10.TWLO
2019-03-31	21	$630.4M	65	1BA 2AMZN 3INTU Top holdings2019-03-31 1.BA 2.AMZN 3.INTU 4.CRM 5.UNH 6.XPO 7.MSFT 8.FCX 9.LMT 10.LNG
2018-12-31	14	$401.2M	51	1AMZN 2BA 3UNH Top holdings2018-12-31 1.AMZN 2.BA 3.UNH 4.CRM 5.CHDN 6.INTU 7.MSFT 8.LNG 9.XPO 10.RTN1USD
2018-09-30	21	$675.4M	43	1AMZN 2BA 3XPO Top holdings2018-09-30 1.AMZN 2.BA 3.XPO 4.META 5.UNH 6.CRM 7.ISRG 8.CHDN 9.INTU 10.MSFT
2018-06-30	21	$639.8M	75	1META 2BA 3AMZN Top holdings2018-06-30 1.META 2.BA 3.AMZN 4.LNG 5.XPO 6.CHDN 7.SCCO 8.CRM 9.UNH 10.INTU
2018-03-31	22	$673.1M	40	1CRM 2LRCXEUR 3BA Top holdings2018-03-31 1.CRM 2.LRCXEUR 3.BA 4.META 5.XPO 6.MU 7.AMZN 8.CHDN 9.FCX 10.RTN1USD
2017-12-31	20	$578.4M	36	1LRCXEUR 2XPO 3MU Top holdings2017-12-31 1.LRCXEUR 2.XPO 3.MU 4.BA 5.CHDN 6.META 7.AMZN 8.MNRO 9.MCHP 10.FCX
2017-09-30	19	$488.2M	77	1LRCXEUR 2META 3MNRO Top holdings2017-09-30 1.LRCXEUR 2.META 3.MNRO 4.MCHP 5.DATA 6.XPO 7.CHDN 8.AMZN 9.RTN1USD 10.LMT
2017-06-30	20	$508.8M	100	1SPY 2LRCXEUR 3META Top holdings2017-06-30 1.SPY 2.LRCXEUR 3.META 4.MCHP 5.AVGO 6.XPO 7.DATA 8.WDC 9.RTN1USD 10.AMZN
2017-03-31	26	$480.0M	67	1DG 2ALXN 3MIC2EUR Top holdings2017-03-31 1.DG 2.ALXN 3.MIC2EUR 4.META 5.IWM 6.AMZN 7.LMT 8.T86 9.XPO 10.SPB
2016-12-31	29	$593.7M	61	1IWM 2SPY 3DG Top holdings2016-12-31 1.IWM 2.SPY 3.DG 4.ALXN 5.META 6.MIC2EUR 7.QRVO 8.SPB 9.LMT 10.AMZN
2016-09-30	29	$465.8M	66	1SPY 2QRVO 3NXPI Top holdings2016-09-30 1.SPY 2.QRVO 3.NXPI 4.AMZN 5.META 6.MIC2EUR 7.LMT 8.XPO 9.DG 10.NOC
2016-06-30	23	$423.5M	68	1SPY 2SIG 3MGA Top holdings2016-06-30 1.SPY 2.SIG 3.MGA 4.SWKS 5.META 6.AMZN 7.LMT 8.MIC2EUR 9.DAL 10.NOC
2016-03-31	26	$398.8M	60	1SWKS 2MGA 3AMZN Top holdings2016-03-31 1.SWKS 2.MGA 3.AMZN 4.XLI 5.SPB 6.META 7.GM 8.HCA 9.DAL 10.NOC
2015-12-31	24	$393.3M	58	1META 2MGA 3HCA Top holdings2015-12-31 1.META 2.MGA 3.HCA 4.NOC 5.LMT 6.SWKS 7.SPB 8.JPM 9.AAL 10.AMZN
2015-09-30	23	$344.9M	55	1MGA 2JPM3G0177J Top holdings2015-09-30 1.MGA 2.JPM 3.G0177J 4.META 5.HCA 6.HMHCUSD 7.SPB 8.LMT 9.AAL 10.SPB
2015-06-30	22	$330.9M	100	1G0177J2AAPL 3JPM Top holdings2015-06-30 1.G0177J 2.AAPL 3.JPM 4.HMHCUSD 5.META 6.HCA 7.MGA 8.SPB 9.MA 10.M
2015-03-31	15	$380.5M	24	1LMT 2AAPL3G0083B Top holdings2015-03-31 1.LMT 2.AAPL 3.G0083B 4.MA 5.M 6.TMO 7.ZBH 8.UNP 9.META 10.LUV
2014-12-31	14	$379.5M	72	1LMT 2AAL 3MA Top holdings2014-12-31 1.LMT 2.AAL 3.MA 4.UNP 5.DAL 6.M 7.AAPL 8.G0083B 9.ZBH 10.TMO
2014-09-30	15	$317.5M	58	1LMT 2UNP 3MA Top holdings2014-09-30 1.LMT 2.UNP 3.MA 4.BA 5.DAL 6.G0083B 7.AAL 8.TMO 9.STWD 10.HAL
2014-06-30	17	$382.7M	33	1LMT 2AAL 3DAL Top holdings2014-06-30 1.LMT 2.AAL 3.DAL 4.HD 5.SLB 6.MA 7.BA 8.UNP 9.ZBH 10.STWD
2014-03-31	20	$414.4M	37	1LMT 2AAL 3DAL Top holdings2014-03-31 1.LMT 2.AAL 3.DAL 4.MA 5.HD 6.BA 7.REFI 8.FLS 9.WHR 10.STWD
2013-12-31	19	$354.8M	64	1LMT 2DAL 3AAL Top holdings2013-12-31 1.LMT 2.DAL 3.AAL 4.MA 5.BA 6.HD 7.GM 8.ESNT 9.740189 10.STWD
2013-09-30	19	$297.1M	46	1DAL 2MA 3LPX Top holdings2013-09-30 1.DAL 2.MA 3.LPX 4.UNP 5.FCX 6.BA 7.SLB 8.HD 9.LEN 10.WHR
2013-06-30	16	$267.6M	—	1DAL290341W3MA Top holdings2013-06-30 1.DAL 2.90341W 3.MA 4.DHI 5.LEN 6.740189 7.UNP 8.STWD 9.LPX 10.TOL

Holding changes this quarter

Cypress Funds LLC's most significant position changes for 2026-03-31: New buy: Liberty Media Corp-formula-c (FWONK); Sold out: ASML Holding N.V. (ASML); Trim: Apple INC (AAPL) — shares -60.15%; Trim: Fair Isaac CORP (FICO) — shares -22.36%; Trim: Walmart INC (WMT) — shares -22.36%.

Position changes disclosed by Cypress Funds 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	FWONK	Liberty Media Corp-formula-c	+4%	NEW	New buy
2	WMT	Walmart INC	+1.9%	-22.36%	Trim
3	NVDA	Nvidia CORP	+1%	-22.35%	Trim
4	AMZN	Amazon.com INC	+0.9%	-22.47%	Trim
5	AVGO	Broadcom INC	+0.4%	-22.34%	Trim
6	CDNS	Cadence Design Sys INC	+0.3%	-22.37%	Trim
7	MA	Mastercard INC - A	+0.2%	-22.43%	Trim
8	TDG	Transdigm Group INC	+0.2%	-22.55%	Trim
9	META	Meta Platforms Inc-class A	+0.1%	-22.29%	Trim
10	SPGI	S&p Global INC	-0.3%	-22.43%	Trim
11	TYL	Tyler Technologies INC	-0.4%	-23.35%	Trim
12	MSFT	Microsoft CORP	-1.2%	-22.46%	Trim
13	FICO	Fair Isaac CORP	-2.2%	-22.36%	Trim
14	AAPL	Apple INC	-2.3%	-60.15%	Trim
15	ASML	ASML Holding N.V.	-2.5%	EXIT	Sold out

FAQ

What is Cypress Funds LLC and what type of investor is it?

Cypress Funds 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 $397.6M, spread across 14 disclosed positions.

What are Cypress Funds LLC's largest equity positions?

Based on the latest 13F filing, Cypress Funds LLC's top holdings by market value are: 1. Amazon.com INC (AMZN) — $57.1M (14.4%) 2. Microsoft CORP (MSFT) — $45.4M (11.4%) 3. Nvidia CORP (NVDA) — $43.9M (11.1%) 4. Walmart INC (WMT) — $31.3M (7.9%) 5. Mastercard INC - A (MA) — $29.0M (7.3%)

What changes did Cypress Funds LLC make in its most recent portfolio filing?

In the latest reported quarter, Cypress Funds LLC made 15 notable position adjustments: 1 new positions were initiated, 0 existing holdings were added to, 13 positions were partially reduced, and 1 were completely exited. The largest of these moves: New buy: Liberty Media Corp-formula-c (FWONK); Sold out: ASML Holding N.V. (ASML); Trim: Apple INC (AAPL) — shares -60.15%; Trim: Fair Isaac CORP (FICO) — shares -22.36%; Trim: Walmart INC (WMT) — shares -22.36%

What sectors does Cypress Funds LLC focus on?

Cypress Funds LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 47.2% • Consumer Discretionary: 14.4% • Financials: 14.3% • Communication Services: 10.2% • Consumer Staples: 7.9% • Industrials: 6.0%

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Cypress Funds LLC: 13F Holdings & AI Insights

ContrarianQuality / disciplined sizingSector-focused

Total reported value

$397.6M

Reporting period: 2026-03-31 · Number of holdings: 14

CYPRESS FUNDS LLC disclosed 14 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $397.6M and a quarterly turnover rate of 47.6%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "C"

Personality snowflake

Concentration: 34.07
Portfolio Stability: 47.6
Momentum/Contrarian: 0
Sector conviction: 85.35
Diversification: 28
Sizing Uniformity: 95.45

Recent moves

New buy FWONK
Sold out ASML
Trim AAPL
-60.2%　-$20.3M
Trim FICO
-22.4%　-$27.0M
Add WMT
-22.4%　-$4.8M
Trim MSFT
-22.5%　-$31.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AMZN	Amazon.com INC	Stock-Consumer Disc	14.36%	+0.86%	-22.47%
2	MSFT	Microsoft CORP	Stock-Tech	11.42%	-1.23%	-22.46%
3	NVDA	Nvidia CORP	Stock-Tech	11.05%	+1.04%	-22.35%
4	WMT	Walmart INC	Stock-Consumer Staples	7.88%	+1.90%	-22.36%
5	MA	Mastercard INC - A	Stock-Financials	7.29%	+0.23%	-22.43%
6	SPGI	S&p Global INC	Stock-Financials	7.02%	-0.29%	-22.43%
7	AVGO	Broadcom INC	Stock-Tech	7.00%	+0.37%	-22.34%
8	FICO	Fair Isaac CORP	Stock-Tech	6.52%	-2.22%	-22.36%
9	META	Meta Platforms Inc-class A	Stock-Comm Services	6.20%	+0.14%	-22.29%
10	TDG	Transdigm Group INC	Stock-Industrials	6.03%	+0.15%	-22.55%
11	CDNS	Cadence Design Sys INC	Stock-Tech	5.41%	+0.25%	-22.37%
12	FWONK	Liberty Media Corp-formula-c	Stock-Comm Services	3.96%	+3.96%	NEW
13	AAPL	Apple INC	Stock-Tech	3.02%	-2.32%	-60.15%
14	TYL	Tyler Technologies INC	Stock-Tech	2.82%	-0.39%	-23.35%

Portfolio Performance

Performance for Q3 2026

+0.8%

Performance Last 4 Quarters

+5.8%

Based on 82% of reported portfolio value with available pricing

Stdev: +19.2%
Beta: +1.28
Alpha: -7.3%
Max Drawdown: -11.6%
Annualized Perf: +15.6%
Batting Avg vs S&P: +52.8%
Sortino: +1.63
Stutzer: +0.25
Treynor: +0.13
Sterling: +0.76
Calmar: +1.34
Information Ratio: -0.21
Tracking Error: +10%
Stdev Down: +10%
Winning Months %: +61.1%
Losing Months %: +38.9%
Best 12 Months: +40.5%
Worst 12 Months: +5.8%
Efficiency Ratio: +0.34
Sharpe: +0.85
Stdev Sectors: +14%
Skewness: +0.48
Kurtosis: +0.33
Upside Potential: +3.48

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	14	$397.6M	48	1AMZN 2MSFT 3NVDA Top holdings2026-03-31 1.AMZN 2.MSFT 3.NVDA 4.WMT 5.MA 6.SPGI 7.AVGO 8.FICO 9.META 10.TDG
2025-12-31	14	$604.7M	23	1AMZN 2MSFT 3NVDA Top holdings2025-12-31 1.AMZN 2.MSFT 3.NVDA 4.FICO 5.SPGI 6.MA 7.AVGO 8.META 9.WMT 10.TDG
2025-09-30	15	$763.2M	40	1MSFT 2AMZN 3NVDA Top holdings2025-09-30 1.MSFT 2.AMZN 3.NVDA 4.FICO 5.MA 6.SPGI 7.META 8.AVGO 9.TDG 10.CDNS
2025-06-30	16	$1.2B	0	1QQQ 2MSFT 3AMZN Top holdings2025-06-30 1.QQQ 2.MSFT 3.AMZN 4.NVDA 5.FICO 6.META 7.SPGI 8.CDNS 9.MA 10.TDG
2025-03-31	14	$397.6M	100	1AMZN 2MSFT 3NVDA Top holdings2025-03-31 1.AMZN 2.MSFT 3.NVDA 4.WMT 5.MA 6.SPGI 7.AVGO 8.FICO 9.META 10.TDG
2024-12-31	15	$922.4M	0	146090E2AMZN 3MSFT Top holdings2024-12-31 1.46090E 2.AMZN 3.MSFT 4.FICO 5.NVDA 6.CDNS 7.META 8.SPGI 9.MA 10.AVGO
2024-09-30	15	$930.5M	0	1QQQ 2FICO 3MSFT Top holdings2024-09-30 1.QQQ 2.FICO 3.MSFT 4.AMZN 5.NVDA 6.SPGI 7.META 8.CDNS 9.MA 10.AVGO
2024-06-30	13	$745.2M	0	1MSFT 2AMZN 3FICO Top holdings2024-06-30 1.MSFT 2.AMZN 3.FICO 4.NVDA 5.CDNS 6.AVGO 7.SPGI 8.META 9.MA 10.AAPL
2024-03-31	14	$931.8M	0	1NVDA 2MSFT 3AMZN Top holdings2024-03-31 1.NVDA 2.MSFT 3.AMZN 4.FICO 5.AVGO 6.SPGI 7.CDNS 8.MA 9.META 10.AAPL
2023-12-31	15	$860.6M	0	1MSFT 2NVDA 3AMZN Top holdings2023-12-31 1.MSFT 2.NVDA 3.AMZN 4.FICO 5.BA 6.SPGI 7.AAPL 8.MA 9.CDNS 10.AVGO
2023-09-30	14	$744.3M	0	1MSFT 2NVDA 3AMZN Top holdings2023-09-30 1.MSFT 2.NVDA 3.AMZN 4.BA 5.FICO 6.AAPL 7.SPGI 8.MA 9.F 10.HES
2023-06-30	14	$795.7M	0	1MSFT 2NVDA 3BA Top holdings2023-06-30 1.MSFT 2.NVDA 3.BA 4.AMZN 5.FICO 6.AAPL 7.F 8.SPGI 9.MA 10.QCOM
2023-03-31	14	$708.1M	0	1MSFT 2BA 3NVDA Top holdings2023-03-31 1.MSFT 2.BA 3.NVDA 4.FICO 5.AMZN 6.AAPL 7.F 8.SPGI 9.MA 10.SE
2022-12-31	13	$574.5M	0	1MSFT 2BA 3FICO Top holdings2022-12-31 1.MSFT 2.BA 3.FICO 4.AMZN 5.AAPL 6.NVDA 7.F 8.SPGI 9.QCOM 10.MA
2022-09-30	13	$555.8M	0	1AMZN 2MSFT 3AAPL Top holdings2022-09-30 1.AMZN 2.MSFT 3.AAPL 4.BA 5.FICO 6.F 7.QCOM 8.NVDA 9.SPGI 10.MA
2022-06-30	15	$636.9M	0	1MSFT 2AAPL 3NVDA Top holdings2022-06-30 1.MSFT 2.AAPL 3.NVDA 4.AMZN 5.DHI 6.QCOM 7.FICO 8.F 9.SPGI 10.MA
2022-03-31	16	$902.5M	0	1AMZN 2NVDA 3MSFT Top holdings2022-03-31 1.AMZN 2.NVDA 3.MSFT 4.AAPL 5.F 6.SE 7.DHI 8.QCOM 9.FICO 10.SPGI
2021-12-31	16	$1.2B	0	1SE 2F 3NVDA Top holdings2021-12-31 1.SE 2.F 3.NVDA 4.AMZN 5.MSFT 6.DHI 7.QCOM 8.AAPL 9.ROKU 10.LEN
2021-09-30	18	$1.2B	0	1SE 2AMZN 3MSFT Top holdings2021-09-30 1.SE 2.AMZN 3.MSFT 4.ROKU 5.NVDA 6.DHI 7.AAPL 8.F 9.QCOM 10.COP
2021-06-30	18	$1.2B	100	1SE 2ROKU 3AMZN Top holdings2021-06-30 1.SE 2.ROKU 3.AMZN 4.MSFT 5.DHI 6.NVDA 7.QCOM 8.F 9.AAPL 10.LEN
2021-03-31	17	$1.1B	27	1SE 2AMZN 3ROKU Top holdings2021-03-31 1.SE 2.AMZN 3.ROKU 4.DHI 5.MSFT 6.NVDA 7.LEN 8.QCOM 9.FICO 10.Z
2020-12-31	17	$1.1B	19	1SE 2AMZN 3ROKU Top holdings2020-12-31 1.SE 2.AMZN 3.ROKU 4.MSFT 5.DHI 6.QCOM 7.FICO 8.MA 9.NVDA 10.AAPL
2020-09-30	16	$935.7M	24	1AMZN 2SE 3MSFT Top holdings2020-09-30 1.AMZN 2.SE 3.MSFT 4.DHI 5.NVDA 6.SPGI 7.ROKU 8.MA 9.FICO 10.CRM
2020-06-30	15	$733.5M	42	1AMZN 2SE 3MSFT Top holdings2020-06-30 1.AMZN 2.SE 3.MSFT 4.FICO 5.NVDA 6.MA 7.DHI 8.META 9.AAPL 10.SPGI
2020-03-31	14	$478.1M	50	1AMZN 2MSFT 3MA Top holdings2020-03-31 1.AMZN 2.MSFT 3.MA 4.SE 5.FICO 6.NVDA 7.META 8.SPGI 9.LMT 10.CRM
2019-12-31	15	$539.2M	48	1ROKU 2AMZN 3MSFT Top holdings2019-12-31 1.ROKU 2.AMZN 3.MSFT 4.META 5.LMT 6.SE 7.FICO 8.CRM 9.DHI 10.INTU
2019-09-30	17	$513.2M	76	1FICO 2AMZN 3ROKU Top holdings2019-09-30 1.FICO 2.AMZN 3.ROKU 4.MSFT 5.XPO 6.LMT 7.META 8.INTU 9.CRM 10.SE
2019-06-30	19	$635.0M	45	1BA 2AMZN 3INTU Top holdings2019-06-30 1.BA 2.AMZN 3.INTU 4.META 5.MSFT 6.CRM 7.ROKU 8.LMT 9.OKTA 10.TWLO
2019-03-31	21	$630.4M	65	1BA 2AMZN 3INTU Top holdings2019-03-31 1.BA 2.AMZN 3.INTU 4.CRM 5.UNH 6.XPO 7.MSFT 8.FCX 9.LMT 10.LNG
2018-12-31	14	$401.2M	51	1AMZN 2BA 3UNH Top holdings2018-12-31 1.AMZN 2.BA 3.UNH 4.CRM 5.CHDN 6.INTU 7.MSFT 8.LNG 9.XPO 10.RTN1USD
2018-09-30	21	$675.4M	43	1AMZN 2BA 3XPO Top holdings2018-09-30 1.AMZN 2.BA 3.XPO 4.META 5.UNH 6.CRM 7.ISRG 8.CHDN 9.INTU 10.MSFT
2018-06-30	21	$639.8M	75	1META 2BA 3AMZN Top holdings2018-06-30 1.META 2.BA 3.AMZN 4.LNG 5.XPO 6.CHDN 7.SCCO 8.CRM 9.UNH 10.INTU
2018-03-31	22	$673.1M	40	1CRM 2LRCXEUR 3BA Top holdings2018-03-31 1.CRM 2.LRCXEUR 3.BA 4.META 5.XPO 6.MU 7.AMZN 8.CHDN 9.FCX 10.RTN1USD
2017-12-31	20	$578.4M	36	1LRCXEUR 2XPO 3MU Top holdings2017-12-31 1.LRCXEUR 2.XPO 3.MU 4.BA 5.CHDN 6.META 7.AMZN 8.MNRO 9.MCHP 10.FCX
2017-09-30	19	$488.2M	77	1LRCXEUR 2META 3MNRO Top holdings2017-09-30 1.LRCXEUR 2.META 3.MNRO 4.MCHP 5.DATA 6.XPO 7.CHDN 8.AMZN 9.RTN1USD 10.LMT
2017-06-30	20	$508.8M	100	1SPY 2LRCXEUR 3META Top holdings2017-06-30 1.SPY 2.LRCXEUR 3.META 4.MCHP 5.AVGO 6.XPO 7.DATA 8.WDC 9.RTN1USD 10.AMZN
2017-03-31	26	$480.0M	67	1DG 2ALXN 3MIC2EUR Top holdings2017-03-31 1.DG 2.ALXN 3.MIC2EUR 4.META 5.IWM 6.AMZN 7.LMT 8.T86 9.XPO 10.SPB
2016-12-31	29	$593.7M	61	1IWM 2SPY 3DG Top holdings2016-12-31 1.IWM 2.SPY 3.DG 4.ALXN 5.META 6.MIC2EUR 7.QRVO 8.SPB 9.LMT 10.AMZN
2016-09-30	29	$465.8M	66	1SPY 2QRVO 3NXPI Top holdings2016-09-30 1.SPY 2.QRVO 3.NXPI 4.AMZN 5.META 6.MIC2EUR 7.LMT 8.XPO 9.DG 10.NOC
2016-06-30	23	$423.5M	68	1SPY 2SIG 3MGA Top holdings2016-06-30 1.SPY 2.SIG 3.MGA 4.SWKS 5.META 6.AMZN 7.LMT 8.MIC2EUR 9.DAL 10.NOC
2016-03-31	26	$398.8M	60	1SWKS 2MGA 3AMZN Top holdings2016-03-31 1.SWKS 2.MGA 3.AMZN 4.XLI 5.SPB 6.META 7.GM 8.HCA 9.DAL 10.NOC
2015-12-31	24	$393.3M	58	1META 2MGA 3HCA Top holdings2015-12-31 1.META 2.MGA 3.HCA 4.NOC 5.LMT 6.SWKS 7.SPB 8.JPM 9.AAL 10.AMZN
2015-09-30	23	$344.9M	55	1MGA 2JPM3G0177J Top holdings2015-09-30 1.MGA 2.JPM 3.G0177J 4.META 5.HCA 6.HMHCUSD 7.SPB 8.LMT 9.AAL 10.SPB
2015-06-30	22	$330.9M	100	1G0177J2AAPL 3JPM Top holdings2015-06-30 1.G0177J 2.AAPL 3.JPM 4.HMHCUSD 5.META 6.HCA 7.MGA 8.SPB 9.MA 10.M
2015-03-31	15	$380.5M	24	1LMT 2AAPL3G0083B Top holdings2015-03-31 1.LMT 2.AAPL 3.G0083B 4.MA 5.M 6.TMO 7.ZBH 8.UNP 9.META 10.LUV
2014-12-31	14	$379.5M	72	1LMT 2AAL 3MA Top holdings2014-12-31 1.LMT 2.AAL 3.MA 4.UNP 5.DAL 6.M 7.AAPL 8.G0083B 9.ZBH 10.TMO
2014-09-30	15	$317.5M	58	1LMT 2UNP 3MA Top holdings2014-09-30 1.LMT 2.UNP 3.MA 4.BA 5.DAL 6.G0083B 7.AAL 8.TMO 9.STWD 10.HAL
2014-06-30	17	$382.7M	33	1LMT 2AAL 3DAL Top holdings2014-06-30 1.LMT 2.AAL 3.DAL 4.HD 5.SLB 6.MA 7.BA 8.UNP 9.ZBH 10.STWD
2014-03-31	20	$414.4M	37	1LMT 2AAL 3DAL Top holdings2014-03-31 1.LMT 2.AAL 3.DAL 4.MA 5.HD 6.BA 7.REFI 8.FLS 9.WHR 10.STWD
2013-12-31	19	$354.8M	64	1LMT 2DAL 3AAL Top holdings2013-12-31 1.LMT 2.DAL 3.AAL 4.MA 5.BA 6.HD 7.GM 8.ESNT 9.740189 10.STWD
2013-09-30	19	$297.1M	46	1DAL 2MA 3LPX Top holdings2013-09-30 1.DAL 2.MA 3.LPX 4.UNP 5.FCX 6.BA 7.SLB 8.HD 9.LEN 10.WHR
2013-06-30	16	$267.6M	—	1DAL290341W3MA Top holdings2013-06-30 1.DAL 2.90341W 3.MA 4.DHI 5.LEN 6.740189 7.UNP 8.STWD 9.LPX 10.TOL

Holding changes this quarter

Position changes disclosed by Cypress Funds 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	FWONK	Liberty Media Corp-formula-c	+4%	NEW	New buy
2	WMT	Walmart INC	+1.9%	-22.36%	Trim
3	NVDA	Nvidia CORP	+1%	-22.35%	Trim
4	AMZN	Amazon.com INC	+0.9%	-22.47%	Trim
5	AVGO	Broadcom INC	+0.4%	-22.34%	Trim
6	CDNS	Cadence Design Sys INC	+0.3%	-22.37%	Trim
7	MA	Mastercard INC - A	+0.2%	-22.43%	Trim
8	TDG	Transdigm Group INC	+0.2%	-22.55%	Trim
9	META	Meta Platforms Inc-class A	+0.1%	-22.29%	Trim
10	SPGI	S&p Global INC	-0.3%	-22.43%	Trim
11	TYL	Tyler Technologies INC	-0.4%	-23.35%	Trim
12	MSFT	Microsoft CORP	-1.2%	-22.46%	Trim
13	FICO	Fair Isaac CORP	-2.2%	-22.36%	Trim
14	AAPL	Apple INC	-2.3%	-60.15%	Trim
15	ASML	ASML Holding N.V.	-2.5%	EXIT	Sold out