Managers / Q2 2023 · view latest →
KCL Capital, L.P.
CIK 0001722967 · 600 LEXINGTON AVENUE, 28TH FLOOR, NEW YORK, NY, 10022 · 212-901-3400
Summary
Kcl Capital, L.P. reported $714M in U.S.-listed holdings across 24 positions for Q2 2023.
Its largest position, NVDA, represents 8.9% of the portfolio.
Compared with Q1 2023, the fund opened 6 new positions and exited 15.
Portfolio Metrics
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 92.9% · $664M
- ADR · 7.1% · $50M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NFLXNETFLIX INC | NEW | +32.5K | 32.5K | +$14M | $14M |
| HASHICORP INC | NEW | +450.0K | 450.0K | +$12M | $12M |
| FROGJFROG LTD | NEW | +300.0K | 300.0K | +$8M | $8M |
| MTCHMATCH GROUP INC NEW | NEW | +150.0K | 150.0K | +$6M | $6M |
| FTCHQFARFETCH LTD | NEW | +1.00M | 1.00M | +$6M | $6M |
| APPAPPLOVIN CORP | NEW | +75.0K | 75.0K | +$2M | $2M |
| NVDANVIDIA CORPORATION | ADDED | +225.0K | 400.0K | +$121M | $169M |
| MUMICRON TECHNOLOGY INC | ADDED | +601.6K | 1.10M | +$39M | $70M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NVDANVIDIA CORPORATIONhistory → | COM | 8.88% | $63M | 150.0K |
| 2 | METAMETA PLATFORMS INChistory → | CL A | 8.03% | $57M | 200.0K |
| 3 | AMZNAMAZON COM INChistory → | COM | 7.30% | $52M | 400.0K |
| 4 | MUMICRON TECHNOLOGY INChistory → | COM | 6.18% | $44M | 700.0K |
| 5 | ONON SEMICONDUCTOR CORPhistory → | COM | 5.30% | $38M | 400.0K |
| 6 | TSMTAIWAN SEMICONDUCTOR MFG LTDhistory → | SPONSORED ADS | 4.24% | $30M | 300.0K |
| 7 | INTCINTEL CORPhistory → | COM | 3.51% | $25M | 750.0K |
| 8 | ADBEADOBE SYSTEMS INCORPORATEDhistory → | COM | 3.42% | $24M | 50.0K |
| 9 | MSFTMICROSOFT CORPhistory → | COM | 3.34% | $24M | 70.0K |
| 10 | NOWSERVICENOW INChistory → | COM | 2.75% | $20M | 35.0K |
| 11 | HUBSHUBSPOT INChistory → | COM | 2.23% | $16M | 30.0K |
| 12 | NFLXNETFLIX INChistory → | COM | 2.00% | $14M | 32.5K |
| 13 | OKTAOKTA INChistory → | CL A | 1.94% | $14M | 200.0K |
| 14 | TENBTENABLE HLDGS INChistory → | COM | 1.83% | $13M | 300.0K |
| 15 | HASHICORP INC | COM CL A | 1.65% | $12M | 450.0K |
| 16 | FROGJFROG LTDhistory → | ORD SHS | 1.16% | $8M | 300.0K |
| 17 | MTCHMATCH GROUP INC NEW | COM | 0.88% | $6M | 150.0K |
| 18 | FTCHQFARFETCH LTD | ORD SH CL A | 0.85% | $6M | 1.00M |
| 19 | APPAPPLOVIN CORP | COM CL A | 0.27% | $2M | 75.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2024 | $0 | 1 | Nov 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $0 | 1 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $0 | 1 | May 10, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $0 | 1 | Jan 31, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $0 | 1 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $714M | 24 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $748M | 28 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $713M | 29 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $438M | 35 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $682M | 31 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $534M | 48 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $985M | 60 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $2.2B | 50 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $690M | 63 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $1.1B | 68 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $1.0B | 127 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $1.1B | 87 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $459M | 44 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $374M | 28 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $621M | 27 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $643M | 31 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $1.1B | 43 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $350M | 74 | Jun 11, 2019 | RESTATEMENT | changes · 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 ↗.