SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Sphera Management Technology Funds Ltd

CIK 0002030525 · 4 ITZHAK SADE BUILDING A, 29TH FLOOR, TEL AVIV, L3, 6777520 · 972-3-6845535

Reported Value
$199M
Q2 2025
Positions
66
Filings on Record
6
2019–present window
Filed
Aug 14, 2025
original filing

Summary

Sphera Management Technology Funds Ltd reported $199M in U.S.-listed holdings across 66 positions for Q2 2025.

Its largest position, META, represents 7.4% of the portfolio.

Compared with Q1 2025, the fund opened 12 new positions and exited 12.

Portfolio Metrics

Turnover
+18.1%
vs prior filed quarter
Top-10 Concentration
+40.3%
share of reported value
Largest Position
+7.4%
Meta Platforms
New / Exited
12 / 12
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 ’24: $173MQ4 ’24Q1 ’25: $154MQ1 ’25Q2 ’25: $199MQ2 ’25Q3 ’25: $318MQ3 ’25Q4 ’25: $293MQ4 ’25Q1 ’26: $178MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 62.4%Other: 16.4%ETP: 15.2%ADR: 3.1%US DOMESTIC: 2.9%
  • Common Stock · 62.4% · $124M
  • Other · 16.4% · $33M
  • ETP · 15.2% · $30M
  • ADR · 3.1% · $6M
  • US DOMESTIC · 2.9% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WIX COM LTDNEW+23.1K23.1K+$4M$4M
NOVA LTDNEW+10.3K10.3K+$3M$3M
ADIANALOG DEVICES INCNEW+7.7K7.7K+$2M$2M
TXNTEXAS INSTRS INCNEW+8.0K8.0K+$2M$2M
PAYOPAYONEER GLOBAL INCNEW+195.0K195.0K+$1M$1M
ETORO GROUP LTDNEW+20.0K20.0K+$1M$1M
OSCROSCAR HEALTH INCNEW+60.0K60.0K+$1M$1M
CELLEBRITE DI LTDNEW+70.0K70.0K+$1M$1M

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

Holdings — Q2 2025

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1METAMETA PLATFORMS INChistory →CL A7.35%$15M19.8K
2AMZNAMAZON COM INChistory →COM6.84%$14M62.1K
3MSFTMICROSOFT CORPhistory →COM6.17%$12M24.7K
4AMDADVANCED MICRO DEVICES INChistory →COM4.83%$10M67.7K
5NVDANVIDIA CORPORATIONhistory →COM3.70%$7M46.6K
6AVGOBROADCOM INChistory →COM2.75%$5M19.9K
7MRVLMARVELL TECHNOLOGY INChistory →COM2.39%$5M61.4K
8AMATAPPLIED MATLS INChistory →COM2.33%$5M25.3K
9CAMTEK LTDORD2.12%$4M50.0K
10TSLATESLA INChistory →COM1.86%$4M11.6K
11WIX COM LTDSHS1.84%$4M23.1K
12ON SEMICONDUCTOR CORPNOTE 0.500% 3/01.77%$4M3.80M
13INTCINTEL CORPhistory →COM1.67%$3M148.0K
14UBERUBER TECHNOLOGIES INChistory →COM1.64%$3M35.0K
15SIMILARWEB LTDSHS1.59%$3M402.9K
16AAPLAPPLE INChistory →COM1.53%$3M14.8K
17NOVA LTDCOM1.43%$3M10.3K
18ODDITY TECH LTDSHS CL A1.33%$3M35.0K
19NFLXNETFLIX INChistory →COM1.28%$3M1.9K
20JFROG LTDORD SHS1.25%$2M56.8K
21MUMICRON TECHNOLOGY INChistory →COM1.07%$2M17.3K
22CYBERARK SOFTWARE LTDSHS1.02%$2M5.0K
23PERION NETWORK LTDSHS NEW1.02%$2M200.0K
24AKAMAI TECHNOLOGIES INCNOTE 1.125% 2/10.96%$2M2.00M
25MONDAY COM LTDSHS0.95%$2M6.0K
26COINCOINBASE GLOBAL INCCOM CL A0.94%$2M5.4K
27LSCCLATTICE SEMICONDUCTOR CORPCOM0.94%$2M38.0K
28ADIANALOG DEVICES INCCOM0.92%$2M7.7K
29TEAM1EURATLASSIAN CORPORATIONCL A0.89%$2M8.8K
30NSYNICE LTDSPONSORED ADR0.85%$2M10.0K
31WDAYWORKDAY INCCL A0.84%$2M7.0K
32TXNTEXAS INSTRS INCCOM0.83%$2M8.0K
33CRMSALESFORCE INCCOM0.83%$2M6.1K
34HUBSHUBSPOT INCCOM0.70%$1M2.5K
35NETCLOUDFLARE INCCL A COM0.69%$1M7.0K
36PAYOPAYONEER GLOBAL INCCOM0.67%$1M195.0K
37ETORO GROUP LTDSHS CL A0.67%$1M20.0K
38SEDGSOLAREDGE TECHNOLOGIES INCCOM0.65%$1M63.6K
39OSCROSCAR HEALTH INCCL A0.65%$1M60.0K
40DELLDELL TECHNOLOGIES INCCL C0.62%$1M10.0K
41ELASTIC N VORD SHS0.61%$1M14.3K
42UUNITY SOFTWARE INCCOM0.61%$1M50.0K
43KRANESHARES TRUSTCSI CHI INTERNET0.60%$1M35.0K
44GTLBGITLAB INCCLASS A COM0.57%$1M25.0K
45CELLEBRITE DI LTDORDINARY SHARES0.56%$1M70.0K
46NEBIUS GROUP N.V.SHS CLASS A0.56%$1M20.0K
47XYZBLOCK INCCL A0.54%$1M15.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$178M55May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$293M62Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$318M67Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$199M66Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$154M66May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$173M62Feb 14, 202513F-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 ↗.