# Nearwater Capital Markets, Ltd: Form 13F holdings

An institutional investment manager in NEW YORK, NY. SEC CIK 1915842.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $5.80bn
- Positions: 100 (100 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1915842/000191584226000009/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [REVOLUTION MEDICINES ORD (RVMD)](/companies/rvmd.md) | COM | $392.7m | 6.8% | 2,097,000 |  | Added +1,419,000 |
| [AMAZON COM ORD (AMZN)](/companies/amzn.md) | COM | $316.8m | 5.5% | 1,329,000 |  | Added +689,000 |
| VANECK GOLD MINERS ETF | GOLD MINERS ETF | $268.0m | 4.6% | 3,551,500 |  | Added +2,647,500 |
| [SANDISK ORD (SNDK)](/companies/sndk.md) | COM | $250.1m | 4.3% | 110,000 |  | Reduced −96,000 |
| [ADVANCED MICRO DEVICES ORD (AMD)](/companies/amd.md) | COM | $225.4m | 3.9% | 388,000 |  | New +388,000 |
| NORWEGIAN CRUISE LINE HOLDINGS ORD | SHS | $199.8m | 3.4% | 9,465,000 |  | Added +6,060,000 |
| [ALPHABET CL A ORD (GOOGL)](/companies/googl.md) | CAP STK CL A | $188.7m | 3.3% | 527,900 |  | Added +235,900 |
| [NVIDIA ORD (NVDA)](/companies/nvda.md) | COM | $170.9m | 2.9% | 854,000 |  | Reduced −574,000 |
| [UBER TECHNOLOGIES ORD (UBER)](/companies/uber.md) | COM | $157.4m | 2.7% | 2,181,000 |  | New +2,181,000 |
| [MICROSOFT ORD (MSFT)](/companies/msft.md) | COM | $156.7m | 2.7% | 420,000 |  | Added +255,000 |
| [TESLA ORD (TSLA)](/companies/tsla.md) | COM | $139.6m | 2.4% | 332,000 |  | New +332,000 |
| [HUT 8 ORD (HUT)](/companies/hut.md) | COM | $134.1m | 2.3% | 1,161,500 |  | New +1,161,500 |
| ISHARES MSCI BRAZIL ETF | MSCI BRAZIL ETF | $127.7m | 2.2% | 3,700,000 |  | New +3,700,000 |
| [APPLE ORD (AAPL)](/companies/aapl.md) | COM | $126.7m | 2.2% | 438,000 |  | Reduced −572,100 |
| [SYNOPSYS ORD (SNPS)](/companies/snps.md) | COM | $124.9m | 2.2% | 280,000 |  | Added +200,000 |
| ISHARES CHINA LARGE CAP ETF | CHINA LG-CAP ETF | $122.5m | 2.1% | 3,877,000 |  | New +3,877,000 |
| ISHARES CORE MSCI EMERGING ETF | CORE MSCI EMKT | $103.6m | 1.8% | 1,250,200 |  | New +1,250,200 |
| [TEXAS INSTRUMENTS ORD (TXN)](/companies/txn.md) | COM | $87.9m | 1.5% | 295,000 |  | New +295,000 |
| [DEXCOM ORD (DXCM)](/companies/dxcm.md) | COM | $84.2m | 1.5% | 1,250,000 |  | New +1,250,000 |
| [UNITY SOFTWARE ORD (U)](/companies/u.md) | COM | $82.3m | 1.4% | 2,881,000 |  | New +2,881,000 |
| [HONEYWELL INTERNATIONAL ORD (HON)](/companies/hon.md) | COM | $78.0m | 1.3% | 348,500 |  | New +348,500 |
| [DYNATRACE ORD (DT)](/companies/dt.md) | COM NEW | $77.7m | 1.3% | 1,770,000 |  | New +1,770,000 |
| [HONEYWELL AEROSPACE ORD (HONA)](/companies/hona.md) | COM | $77.0m | 1.3% | 348,500 |  | New +348,500 |
| [CAPITAL ONE FINANCIAL ORD (COF)](/companies/cof.md) | COM | $72.7m | 1.3% | 362,400 |  | Added +273,900 |
| [MORGAN STANLEY ORD (MS)](/companies/ms.md) | COM NEW | $71.1m | 1.2% | 340,000 |  | New +340,000 |
| ISHARES MSCI ACWI ETF | MSCI ACWI ETF | $67.8m | 1.2% | 431,900 |  | Reduced −209,800 |
| EXXONMOBIL HOLDINGS ORD | COM | $61.9m | 1.1% | 453,000 |  | New +453,000 |
| WEBSTER FINANCIAL ORD | COM | $59.5m | 1.0% | 778,000 |  | Added +366,000 |
| [RTX ORD (RTX)](/companies/rtx.md) | COM | $57.9m | 1.0% | 305,000 |  | Added +197,000 |
| [ROSS STORES ORD (ROST)](/companies/rost.md) | COM | $54.5m | 0.9% | 256,000 |  | Added +126,000 |
| [ARISTA NETWORKS ORD (ANET)](/companies/anet.md) | COM SHS | $54.2m | 0.9% | 319,000 |  | Unchanged |
| ROIVANT SCIENCES ORD | SHS | $53.1m | 0.9% | 1,500,000 |  | New +1,500,000 |
| ISHARES MSCI EAFE ETF | MSCI EAFE ETF | $48.3m | 0.8% | 465,000 |  | New +465,000 |
| ISHARES MSCI EMERGING MARKETS ETF | MSCI EMG MKT ETF | $47.9m | 0.8% | 700,000 |  | Added +122,500 |
| [UNITED AIRLINES HOLDINGS ORD (UAL)](/companies/ual.md) | COM | $47.7m | 0.8% | 351,000 |  | New +351,000 |
| [NORFOLK SOUTHERN ORD (NSC)](/companies/nsc.md) | COM | $46.9m | 0.8% | 149,000 |  | New +149,000 |
| [PARKER HANNIFIN ORD (PH)](/companies/ph.md) | COM | $46.0m | 0.8% | 47,000 |  | New +47,000 |
| [CIENA ORD (CIEN)](/companies/cien.md) | COM NEW | $45.6m | 0.8% | 93,000 |  | New +93,000 |
| [HILTON WORLDWIDE HOLDINGS ORD (HLT)](/companies/hlt.md) | COM | $45.3m | 0.8% | 137,000 |  | New +137,000 |
| [ALIGN TECHNOLOGY ORD (ALGN)](/companies/algn.md) | COM | $45.2m | 0.8% | 268,000 |  | New +268,000 |
| VANECK JUNIOR GOLD MINERS ETF | JUNIOR GOLD MINE | $44.2m | 0.8% | 450,000 |  | Reduced −1,188,000 |
| [BERKSHIRE HATHAWAY CL B ORD (BRK-B)](/companies/brk-b.md) | CL B NEW | $44.0m | 0.8% | 88,000 |  | Reduced −36,000 |
| [UNITEDHEALTH GRP ORD (UNH)](/companies/unh.md) | COM | $41.6m | 0.7% | 100,000 |  | Added +10,000 |
| [SPHERE ENTERTAINMENT CL A ORD (SPHR)](/companies/sphr.md) | CL A | $39.7m | 0.7% | 229,200 |  | Reduced −145,800 |
| GLOBAL X COPPER MINERS ETF | GLOBAL X COPPER | $38.5m | 0.7% | 500,000 |  | Reduced −434,400 |
| CHART INDUSTRIES ORD | COM | $38.4m | 0.7% | 184,000 |  | Added +74,000 |
| [THERMO FISHER SCIENTIFIC ORD (TMO)](/companies/tmo.md) | COM | $37.1m | 0.6% | 74,000 |  | New +74,000 |
| ROUNDHILL MEMORY ETF | MEMORY ETF | $36.9m | 0.6% | 500,000 |  | New +500,000 |
| [ALPHABET CL C ORD (GOOGL)](/companies/googl.md) | CAP STK CL C | $35.3m | 0.6% | 100,000 |  | New +100,000 |
| [TERADYNE ORD (TER)](/companies/ter.md) | COM | $34.8m | 0.6% | 72,000 |  | Reduced −153,000 |
| [AVIS BUDGET GROUP ORD (CAR)](/companies/car.md) | COM | $34.7m | 0.6% | 235,000 |  | New +235,000 |
| [FORTINET ORD (FTNT)](/companies/ftnt.md) | COM | $33.6m | 0.6% | 219,000 |  | New +219,000 |
| [HYPERLIQUID STRATEGIES ORD (PURR)](/companies/purr.md) | COM | $31.5m | 0.5% | 4,000,000 |  | New +4,000,000 |
| [GENERAL MOTORS ORD (GM)](/companies/gm.md) | COM | $30.8m | 0.5% | 400,000 |  | New +400,000 |
| [XPO ORD (XPO)](/companies/xpo.md) | COM | $30.8m | 0.5% | 150,000 |  | New +150,000 |
| [TERAWULF ORD (WULF)](/companies/wulf.md) | COM | $29.6m | 0.5% | 1,200,000 |  | New +1,200,000 |
| [KEYSIGHT TECHNOLOGIES ORD (KEYS)](/companies/keys.md) | COM | $29.4m | 0.5% | 84,000 |  | New +84,000 |
| [ISHARES BITCOIN ETF (IBIT)](/companies/ibit.md) | SHS BEN INT | $29.2m | 0.5% | 878,000 |  | Reduced −506,800 |
| [PALANTIR TECHNOLOGIES CL A ORD (PLTR)](/companies/pltr.md) | CL A | $26.8m | 0.5% | 230,000 |  | New +230,000 |
| ISHARES CORE MSCI INTRL DVLP MKT ETF | CORE MSCI INTL | $26.7m | 0.5% | 300,000 |  | New +300,000 |
| [TTM TECHNOLOGIES ORD (TTMI)](/companies/ttmi.md) | COM | $26.5m | 0.5% | 141,900 |  | Added +76,000 |
| [NEUROCRINE BIOSCIENCES ORD (NBIX)](/companies/nbix.md) | COM | $26.1m | 0.5% | 155,000 |  | New +155,000 |
| [INTUITIVE SURGICAL ORD (ISRG)](/companies/isrg.md) | COM NEW | $25.8m | 0.4% | 65,000 |  | New +65,000 |
| [ADOBE ORD (ADBE)](/companies/adbe.md) | COM | $21.5m | 0.4% | 105,000 |  | Reduced −28,000 |
| [SUNOCOCORP UNT (SUNC)](/companies/sunc.md) | COM SHS LLC | $18.6m | 0.3% | 275,000 |  | New +275,000 |
| [NEKTAR THERAPEUTICS ORD (NKTR)](/companies/nktr.md) | COM NEW | $18.3m | 0.3% | 261,500 |  | Unchanged |
| [VEEVA SYSTEMS ORD (VEEV)](/companies/veev.md) | CL A COM | $16.9m | 0.3% | 95,000 |  | New +95,000 |
| [TELEDYNE TECH ORD (TDY)](/companies/tdy.md) | COM | $16.7m | 0.3% | 25,000 |  | New +25,000 |
| [ATI ORD (ATI)](/companies/ati.md) | COM | $15.8m | 0.3% | 80,000 |  | New +80,000 |
| [EQUIFAX ORD (EFX)](/companies/efx.md) | COM | $14.8m | 0.3% | 93,000 |  | New +93,000 |
| [AMPRIUS TECHNOLOGIES ORD (AMPX)](/companies/ampx.md) | COMMON STOCK | $14.3m | 0.2% | 1,034,700 |  | New +1,034,700 |
| [INSULET ORD (PODD)](/companies/podd.md) | COM | $13.7m | 0.2% | 90,000 |  | New +90,000 |
| [KENVUE ORD (KVUE)](/companies/kvue.md) | COM | $13.7m | 0.2% | 715,800 |  | New +715,800 |
| QORVO ORD | COM | $13.5m | 0.2% | 145,000 |  | New +145,000 |
| AMPLIFY JUNIOR SILVER MINERS ETF | JR SILV MINE ETF | $13.4m | 0.2% | 515,900 |  | New +515,900 |
| [API GROUP ORD (APG)](/companies/apg.md) | COM STK | $13.3m | 0.2% | 314,000 |  | New +314,000 |
| GLOBAL X URANIUM ETF | GLOBAL X URANIUM | $13.1m | 0.2% | 300,000 |  | New +300,000 |
| [ARCUTIS BIOTHERAPEUTICS ORD (ARQT)](/companies/arqt.md) | COM | $12.8m | 0.2% | 486,700 |  | Reduced −120,600 |
| [TXNM ENERGY ORD (TXNM)](/companies/txnm.md) | COM | $12.7m | 0.2% | 223,100 |  | New +223,100 |
| [TAKE TWO INTERACTIVE SOFTWARE ORD (TTWO)](/companies/ttwo.md) | COM | $12.5m | 0.2% | 50,000 |  | Reduced −176,000 |
| [OKTA CL A ORD (OKTA)](/companies/okta.md) | CL A | $12.3m | 0.2% | 90,000 |  | New +90,000 |
| [FIVE BELOW ORD (FIVE)](/companies/five.md) | COM | $11.7m | 0.2% | 65,000 |  | New +65,000 |
| [CORECIVIC REIT ORD (CXW)](/companies/cxw.md) | COM | $10.6m | 0.2% | 350,000 |  | New +350,000 |
| [SILICON LABORATORIES ORD (SLAB)](/companies/slab.md) | COM | $10.4m | 0.2% | 47,500 |  | New +47,500 |
| [MIAMI INTERNATIONAL HOLDINGS ORD (MIAX)](/companies/miax.md) | COM | $10.4m | 0.2% | 279,000 |  | New +279,000 |
| [GEO GROUP ORD (GEO)](/companies/geo.md) | COM | $10.3m | 0.2% | 350,000 |  | New +350,000 |
| [TRADE DESK CL A ORD (TTD)](/companies/ttd.md) | COM CL A | $9.6m | 0.2% | 532,000 |  | New +532,000 |
| [SERVICENOW ORD (NOW)](/companies/now.md) | COM | $9.4m | 0.2% | 95,000 |  | Unchanged |
| [PLANET FITNESS CL A ORD (PLNT)](/companies/plnt.md) | CL A | $7.8m | 0.1% | 150,000 |  | New +150,000 |
| [AMYLYX PHARMACEUTICALS ORD (AMLX)](/companies/amlx.md) | COM | $7.6m | 0.1% | 425,000 |  | New +425,000 |
| [KANZHUN ADR REP 2 ORD (BZ)](/companies/bz.md) | SPONSORED ADS | $6.9m | 0.1% | 538,300 |  | Unchanged |
| [CORE SCIENTIFIC ORD (CORZ)](/companies/corz.md) | COM | $6.8m | 0.1% | 265,700 |  | New +265,700 |
| [TAL EDUCATION GRP 3 ADR REP CL A ORD (TAL)](/companies/tal.md) | SPONSORED ADS | $6.7m | 0.1% | 700,000 |  | Unchanged |
| [LIBERTY ENERGY CL A ORD (LBRT)](/companies/lbrt.md) | COM CL A | $6.5m | 0.1% | 250,000 |  | New +250,000 |
| [RBC BEARINGS ORD (RBC)](/companies/rbc.md) | COM | $6.5m | 0.1% | 10,040 |  | New +10,040 |
| [CEMEX ADR REP 10 PAR CRTFCT (CX)](/companies/cx.md) | SPON ADR NEW | $6.2m | 0.1% | 519,900 |  | Reduced −670,000 |
| [AVEPOINT CL A ORD (AVPT)](/companies/avpt.md) | COM CL A | $5.6m | <0.1% | 500,000 |  | New +500,000 |
| [SIX FLAGS ENTERTAINMENT ORD (FUN)](/companies/fun.md) | COM | $4.1m | <0.1% | 194,000 |  | Unchanged |
| JPMORGAN ACTIVEBLD EMRG MRKT EQY ETF | ACTIVEBLDRS EMER | $1.8m | <0.1% | 28,000 |  | New +28,000 |
| [CELCUITY ORD (CELC)](/companies/celc.md) | COM | $104.6k | <0.1% | 1,000 |  | Reduced −472,100 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [ABBOTT LABORATORIES ORD (ABT)](/companies/abt.md) | COM | $0 | 0.0% | 0 |  | Sold out −425,000 |
| [ACM RESEARCH CL A ORD (ACMR)](/companies/acmr.md) | COM CL A | $0 | 0.0% | 0 |  | Sold out −94,200 |
| [AMERICAN TOWER REIT (AMT)](/companies/amt.md) | COM | $0 | 0.0% | 0 |  | Sold out −190,000 |
| [APPLIED MATERIAL ORD (AMAT)](/companies/amat.md) | COM | $0 | 0.0% | 0 |  | Sold out −124,000 |
| [BANK OF AMERICA ORD (BAC)](/companies/bac.md) | COM | $0 | 0.0% | 0 |  | Sold out −17,000 |
| [BROADCOM ORD (AVGO)](/companies/avgo.md) | COM | $0 | 0.0% | 0 |  | Sold out −301,000 |
| [CALIX NETWORKS ORD (CALX)](/companies/calx.md) | COM | $0 | 0.0% | 0 |  | Sold out −118,200 |
| [CATERPILLAR ORD (CAT)](/companies/cat.md) | COM | $0 | 0.0% | 0 |  | Sold out −152,000 |
| [CHEVRON ORD (CVX)](/companies/cvx.md) | COM | $0 | 0.0% | 0 |  | Sold out −251,000 |
| [CUMMINS ORD (CMI)](/companies/cmi.md) | COM | $0 | 0.0% | 0 |  | Sold out −53,000 |
| [ELI LILLY ORD (LLY)](/companies/lly.md) | COM | $0 | 0.0% | 0 |  | Sold out −40,000 |
| [GILEAD SCIENCES ORD (GILD)](/companies/gild.md) | COM | $0 | 0.0% | 0 |  | Sold out −200,000 |
| [HESS MIDSTREAM CL A ORD (HESM)](/companies/hesm.md) | CL A SHS | $0 | 0.0% | 0 |  | Sold out −900,000 |
| [H WORLD GROUP ADR (HTHT)](/companies/htht.md) | SPONSORED ADS | $0 | 0.0% | 0 |  | Sold out −28,000 |
| [ICICI BANK ADR REP 2 ORD (IBN)](/companies/ibn.md) | ADR | $0 | 0.0% | 0 |  | Sold out −180,300 |
| [INSMED ORD (INSM)](/companies/insm.md) | COM PAR $.01 | $0 | 0.0% | 0 |  | Sold out −300,000 |
| ISHARES CORE MSCI TOTL INTL STCK ETF | CORE MSCI TOTAL | $0 | 0.0% | 0 |  | Sold out −1,413,600 |
| ISHARES ESG AWARE MSCI EM ETF | ESG AWR MSCI EM | $0 | 0.0% | 0 |  | Sold out −200,000 |
| [ISHARES GOLD ETF (IAU)](/companies/iau.md) | ISHARES NEW | $0 | 0.0% | 0 |  | Sold out −43,400 |
| ISHARES TOTAL US STOCK MARKET ETF | CORE S&P TTL STK | $0 | 0.0% | 0 |  | Sold out −310,000 |
| [JM SMUCKER ORD (SJM)](/companies/sjm.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −200,000 |
| [JOHNSON & JOHNSON ORD (JNJ)](/companies/jnj.md) | COM | $0 | 0.0% | 0 |  | Sold out −370,000 |
| KRANESHARES CSI CHINA INTERNET ETF | CSI CHI INTERNET | $0 | 0.0% | 0 |  | Sold out −2,381,200 |
| [LAM RESEARCH ORD (LRCX)](/companies/lrcx.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −118,000 |
| [MASTERCARD CL A ORD (MA)](/companies/ma.md) | CL A | $0 | 0.0% | 0 |  | Sold out −109,000 |
| [MCDONALD'S ORD (MCD)](/companies/mcd.md) | COM | $0 | 0.0% | 0 |  | Sold out −109,000 |
| [META PLATFORMS CL A ORD (META)](/companies/meta.md) | CL A | $0 | 0.0% | 0 |  | Sold out −107,000 |
| [MOTOROLA SOLUTIONS ORD (MSI)](/companies/msi.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −60,000 |
| NEOS NASDAQ 100 HIGH INCOME ETF | NASDAQ 100 HIGH | $0 | 0.0% | 0 |  | Sold out −700,000 |
| [NEWMONT ORD (NEM)](/companies/nem.md) | COM | $0 | 0.0% | 0 |  | Sold out −702,000 |
| ONESTREAM CL A ORD | CL A | $0 | 0.0% | 0 |  | Sold out −707,800 |
| [PBF ENERGY CL A ORD (PBF)](/companies/pbf.md) | CL A | $0 | 0.0% | 0 |  | Sold out −200,000 |
| [PDD HOLDINGS ADS (PDD)](/companies/pdd.md) | SPONSORED ADS | $0 | 0.0% | 0 |  | Sold out −83,100 |
| [PENUMBRA ORD (PEN)](/companies/pen.md) | COM | $0 | 0.0% | 0 |  | Sold out −50,000 |
| [PROCTER & GAMBLE ORD (PG)](/companies/pg.md) | COM | $0 | 0.0% | 0 |  | Sold out −435,000 |
| [QFIN HOLDINGS ADR (QFIN)](/companies/qfin.md) | AMERICAN DEP | $0 | 0.0% | 0 |  | Sold out −250,000 |
| [REGENERON PHARMACEUTICALS ORD (REGN)](/companies/regn.md) | COM | $0 | 0.0% | 0 |  | Sold out −5,000 |
| SCHWAB FUNDAMNTL INTRNL EQT ETF | FUNDAMENTAL INTL | $0 | 0.0% | 0 |  | Sold out −214,000 |
| SCHWAB FUNDTL EMRG MKT EQT ETF | FUNDAMENTAL EMER | $0 | 0.0% | 0 |  | Sold out −66,900 |
| ST STR SPDR POR DE WO EX US ETF | PORTFOLIO DEVLPD | $0 | 0.0% | 0 |  | Sold out −6,039,200 |
| TERNS PHARMACEUTICALS ORD | COM | $0 | 0.0% | 0 |  | Sold out −2,150,400 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | VAN FTSE DEV MKT | $0 | 0.0% | 0 |  | Sold out −2,227,000 |
| VANGUARD FTSE PACIFIC ETF | FTSE PACIFIC ETF | $0 | 0.0% | 0 |  | Sold out −787,900 |
| [WELLS FARGO ORD (WFC)](/companies/wfc.md) | COM | $0 | 0.0% | 0 |  | Sold out −1,004,000 |
| [WELLTOWER ORD (WELL)](/companies/well.md) | COM | $0 | 0.0% | 0 |  | Sold out −14,600 |
| [WORKDAY CL A ORD (WDAY)](/companies/wday.md) | CL A | $0 | 0.0% | 0 |  | Sold out −115,000 |

Source: SEC EDGAR, Form 13F-HR, accession 0001915842-26-000009. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.