SEC 13F Intelligence

Managers / Q1 2026

Karani Asset Management LLC

CIK 0001792430 · 250 WEST 55TH STREET, 17TH FLOOR, NEW YORK, NY, 10019 · 646-593-7450

Reported Value
$122M
Q1 2026
Positions
54
Filings on Record
31
2019–present window
Filed
May 15, 2026
original filing

Summary

Karani Asset Management LLC reported $122M in U.S.-listed holdings across 54 positions for Q1 2026.

Its largest position, NVDA, represents 8.9% of the portfolio.

Compared with Q4 2025, the fund opened 24 new positions and exited 6.

Portfolio Metrics

Turnover
+21.6%
vs prior filed quarter
Top-10 Concentration
+52.7%
share of reported value
Largest Position
+8.9%
Nvidia Corporation
New / Exited
24 / 6
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 ’19: $110MQ4 ’19Q1 ’20: $94MQ2 ’20: $129MQ3 ’20: $149MQ3 ’20Q4 ’20: $169MQ1 ’21: $170MQ2 ’21: $245MQ2 ’21Q3 ’21: $206MQ4 ’21: $202MQ1 ’22: $185MQ1 ’22Q2 ’22: $108MQ3 ’22: $202MQ4 ’22: $86MQ4 ’22Q1 ’23: $94MQ2 ’23: $99MQ3 ’23: $69MQ3 ’23Q4 ’24: $107MQ1 ’25: $94MQ2 ’25: $103MQ2 ’25Q3 ’25: $125MQ4 ’25: $122MQ1 ’26: $122MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 88.0%ETP: 7.3%Other: 4.5%ADR: 0.3%
  • Common Stock · 88.0% · $107M
  • ETP · 7.3% · $9M
  • Other · 4.5% · $5M
  • ADR · 0.3% · $356,843

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ADIANALOG DEVICES INCNEW+4.8K4.8K+$2M$2M
AMDADVANCED MICRO DEVICES INCNEW+7.1K7.1K+$1M$1M
CATCATERPILLAR INCNEW+1.7K1.7K+$1M$1M
SNPSSYNOPSYS INCNEW+3.1K3.1K+$1M$1M
DALDELTA AIR LINES INCNEW+11.8K11.8K+$782,337$782,337
BSXBOSTON SCIENTIFIC CORPNEW+12.1K12.1K+$762,162$762,162
ADSKAUTODESK INCNEW+2.8K2.8K+$673,672$673,672
CSCOCISCO SYS INCNEW+8.5K8.5K+$659,515$659,515

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

Holdings — Q1 2026

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPORATIONhistory →COM8.95%$11M62.6K
2AAPLAPPLE INChistory →COM8.64%$11M41.6K
3GOOGLALPHABET INChistory →CAP STK CL A7.11%$9M30.2K
4MSFTMICROSOFT CORPhistory →COM6.41%$8M21.2K
5ASML HLDG NVNY REGISTRY SHS4.38%$5M4.1K
6RLIRLI CORPhistory →COM3.69%$5M79.1K
7MAMASTERCARD INCORPORATEDhistory →CL A3.56%$4M8.7K
8STLDSTEEL DYNAMICS INChistory →COM3.41%$4M23.1K
9SPGIS&P GLOBAL INChistory →COM3.33%$4M9.5K
10CMICUMMINS INChistory →COM3.20%$4M7.3K
11ODFLOLD DOMINION FREIGHT LINE INhistory →COM3.10%$4M19.4K
12DEDEERE & COhistory →COM3.05%$4M6.6K
13AXPAMERICAN EXPRESS COhistory →COM3.00%$4M12.1K
14AMATAPPLIED MATLS INChistory →COM2.64%$3M9.4K
15JPMJPMORGAN CHASE & COhistory →COM2.43%$3M10.1K
16INTUINTUIThistory →COM2.43%$3M6.9K
17JKHYHENRY JACK & ASSOC INChistory →COM1.86%$2M14.4K
18LRCXLAM RESEARCH CORPhistory →COM NEW1.66%$2M9.5K
19TXNTEXAS INSTRS INChistory →COM1.41%$2M8.9K
20KLACKLA CORPhistory →COM NEW1.28%$2M1.1K
21ADIANALOG DEVICES INChistory →COM1.26%$2M4.8K
22AMDADVANCED MICRO DEVICES INChistory →COM1.19%$1M7.1K
23CDNSCADENCE DESIGN SYSTEM INChistory →COM1.03%$1M4.5K
24CATCATERPILLAR INChistory →COM1.00%$1M1.7K
25GE AEROSPACECOM NEW1.00%$1M4.3K
26SNPSSYNOPSYS INCCOM1.00%$1M3.1K
27ISHARES TRCORE S&P500 ETF0.82%$997,4521.5K
28LLYELI LILLY & COCOM0.78%$947,3631.0K
29MRKMERCK & CO INCCOM0.77%$942,5927.8K
30CRMSALESFORCE INCCOM0.68%$836,0954.5K
31DALDELTA AIR LINES INCCOM NEW0.64%$782,33711.8K
32BSXBOSTON SCIENTIFIC CORPCOM0.62%$762,16212.1K
33ADSKAUTODESK INCCOM0.55%$673,6722.8K
34CSCOCISCO SYS INCCOM0.54%$659,5158.5K
35PGPROCTER & GAMBLE COCOM0.52%$638,1364.4K
36GEVGE VERNOVA INCCOM0.52%$631,980724
37ROPROPER TECHNOLOGIES INCCOM0.50%$614,6551.7K
38BKRBAKER HUGHES COMPANYCL A0.47%$575,0919.4K
39JNJJOHNSON & JOHNSONCOM0.42%$517,9682.1K
40SLBSLB LIMITEDCOM STK0.41%$499,9229.7K
41ADBEADOBE INCCOM0.34%$421,2581.7K
42TRVTRAVELERS COMPANIES INCCOM0.34%$417,9771.4K
43SYKSTRYKER CORPORATIONCOM0.34%$409,7521.2K
44MSIMOTOROLA SOLUTIONS INCCOM NEW0.33%$402,724928
45CLCOLGATE PALMOLIVE COCOM0.33%$401,9454.7K
46NOWSERVICENOW INCCOM0.33%$397,7083.8K
47FDSFACTSET RESH SYS INCCOM0.31%$383,4211.8K
48NVONOVO-NORDISK A SADR0.29%$356,8439.7K
49NKENIKE INCCL B0.29%$354,1586.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$122M54May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$122M36Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$125M37Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$103M39Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$94M41May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$107M28Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2023$69M35Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$99M32Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$94M36May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$86M37Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$202M38Nov 23, 2022RESTATEMENTchanges · EDGAR ↗
Q2 2022$108M35Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$185M33May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$202M38Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$206M45Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$245M62Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$170M43May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$169M50Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$149M62Nov 6, 202013F-HRchanges · EDGAR ↗
Q2 2020$129M59Aug 5, 202013F-HRchanges · EDGAR ↗
Q1 2020$94M54Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$110M59Jan 27, 202013F-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 ↗.