SEC 13F Intelligence

Managers / Q1 2026

Once Capital Management, LLC

CIK 0001712892 · 450 PARK AVENUE, 27TH FLOOR, NEW YORK, NY, 10022 · 212-307-7469

Reported Value
$374M
Q1 2026
Positions
22
Filings on Record
18
2019–present window
Filed
May 6, 2026
original filing

Summary

Once Capital Management, LLC reported $374M in U.S.-listed holdings across 22 positions for Q1 2026.

The portfolio is heavily concentrated: NVDA alone accounts for 26.2% of reported value.

Compared with Q4 2025, the fund opened 4 new positions and exited 5.

Portfolio Metrics

Turnover
+5.5%
vs prior filed quarter
Top-10 Concentration
+88.9%
share of reported value
Largest Position
+26.2%
Nvidia Corporation
New / Exited
4 / 5
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’21: $107MQ4 ’21Q1 ’22: $109MQ2 ’22: $79MQ3 ’22: $77MQ3 ’22Q4 ’22: $69MQ1 ’23: $94MQ2 ’23: $107MQ2 ’23Q3 ’23: $105MQ4 ’23: $139MQ1 ’24: $214MQ1 ’24Q2 ’24: $267MQ3 ’24: $465MQ4 ’24: $470MQ4 ’24Q1 ’25: $219MQ2 ’25: $364MQ3 ’25: $451MQ3 ’25Q4 ’25: $487MQ1 ’26: $374Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 93.1%Other: 5.2%ETP: 1.7%
  • Common Stock · 93.1% · $348M
  • Other · 5.2% · $19M
  • ETP · 1.7% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LUNRINTUITIVE MACHINES INCNEW+240.0K240.0K+$4M$4M
PLPLANET LABS PBCNEW+105.0K105.0K+$3M$3M
LEUCENTRUS ENERGY CORPNEW+14.0K14.0K+$2M$2M
BWXTBWX TECHNOLOGIES INCNEW+2.5K2.5K+$511,225$511,225
SYMSYMBOTIC INCADDED+36.6K40.0K+$2M$2M
APPLE INCSOLD OUT200.0K0$54M$0
MARVELL TECHNOLOGY INCSOLD OUT375.0K0$32M$0
SNOWSNOWFLAKE INCSOLD OUT76.9K0$17M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

22 positions
#IssuerClass% PortfolioValueShares
1NVDANVIDIA CORPORATIONhistory →COM26.23%$98M562.0K
2ASTSAST SPACEMOBILE INChistory →COM CL A17.53%$66M790.5K
36RJ0ROCKET LAB CORPhistory →COM10.62%$40M618.0K
4AMDADVANCED MICRO DEVICES INChistory →COM6.82%$25M125.3K
5AAPLAPPLE INChistory →COM5.50%$21M80.9K
6CRWDCROWDSTRIKE HLDGS INChistory →CL A5.33%$20M51.0K
7SPOTIFY TECHNOLOGY S ASHS5.20%$19M40.1K
8MRVLMARVELL TECHNOLOGY INChistory →COM4.43%$17M167.0K
9AMZNAMAZON COM INChistory →COM3.95%$15M70.8K
10MSFTMICROSOFT CORPhistory →COM3.29%$12M33.2K
11TSLATESLA INChistory →COM3.18%$12M32.0K
12SMRNUSCALE PWR CORPhistory →CL A COM1.63%$6M563.1K
13GBTCGRAYSCALE BITCOIN TRUST ETFhistory →SHS REP COM UT1.52%$6M107.7K
14LUNRINTUITIVE MACHINES INChistory →CLASS A COM1.19%$4M240.0K
15PLPLANET LABS PBCCOM CL A0.79%$3M105.0K
16NOWSERVICENOW INCCOM0.70%$3M25.0K
17LEUCENTRUS ENERGY CORPCL A0.65%$2M14.0K
18SYMSYMBOTIC INCCLASS A COM0.57%$2M40.0K
19EFRENERGY FUELS INCCOM NEW0.54%$2M110.0K
20BTCGRAYSCALE BITCOIN MINI TR ETSHS NEW0.17%$645,98521.5K
21BWXTBWX TECHNOLOGIES INCCOM0.14%$511,2252.5K
22RRRICHTECH ROBOTICS INCCL B0.01%$41,80020.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$374M22May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$487M23Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$451M28Oct 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$364M17Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$219M17May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$470M18Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$465M19Nov 5, 202413F-HRchanges · EDGAR ↗
Q2 2024$267M24Jul 24, 202413F-HRchanges · EDGAR ↗
Q1 2024$214M24May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$139M24Feb 5, 202413F-HRchanges · EDGAR ↗
Q3 2023$105M22Oct 30, 202313F-HRchanges · EDGAR ↗
Q2 2023$107M22Jul 24, 202313F-HRchanges · EDGAR ↗
Q1 2023$94M23May 8, 202313F-HRchanges · EDGAR ↗
Q4 2022$69M23Feb 2, 202313F-HRchanges · EDGAR ↗
Q3 2022$77M23Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$79M23Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$109M23May 4, 202213F-HRchanges · EDGAR ↗
Q4 2021$107M17Feb 14, 202213F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.