# Value Aligned Research Advisors, LLC: Form 13F holdings

An institutional investment manager in PRINCETON, NJ. SEC CIK 1963565.

- Quarter ended: 2026-06-30
- Filed: 2026-08-17
- Reported value: $40.11bn
- Positions: 123 (123 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/1963565/000196356526000005/

## 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 |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL A | $4.66bn | 11.6% | 13,034,100 | Call | Added +5,028,600 |
| [AMAZON COM INC (AMZN)](/companies/amzn.md) | COM | $4.35bn | 10.9% | 18,270,300 | Call | Added +8,364,400 |
| [NVIDIA CORPORATION (NVDA)](/companies/nvda.md) | COM | $4.04bn | 10.1% | 20,168,900 | Call | Added +2,734,600 |
| [BLOOM ENERGY CORP (BE)](/companies/be.md) | COM CL A | $1.69bn | 4.2% | 5,585,179 |  | Added +1,000,448 |
| NEBIUS GROUP N.V. | SHS CLASS A | $1.69bn | 4.2% | 6,104,121 |  | Added +290,671 |
| [MICRON TECHNOLOGY INC (MU)](/companies/mu.md) | COM | $1.16bn | 2.9% | 1,004,700 | Call | Added +286,100 |
| [COREWEAVE INC (CRWV)](/companies/crwv.md) | COM CL A | $1.08bn | 2.7% | 10,886,110 |  | Added +2,605,347 |
| [TAIWAN SEMICONDUCTOR MANUFAC (TSM)](/companies/tsm.md) | SPONSORED ADS | $1.05bn | 2.6% | 2,194,700 | Call | Reduced −558,100 |
| [NVIDIA CORPORATION (NVDA)](/companies/nvda.md) | COM | $891.5m | 2.2% | 4,455,500 | Put | Added +3,454,100 |
| [INTEL CORP (INTC)](/companies/intc.md) | COM | $886.1m | 2.2% | 6,345,700 |  | Added +5,841,959 |
| [INTEL CORP (INTC)](/companies/intc.md) | COM | $880.7m | 2.2% | 6,307,700 | Call | Reduced −6,345,700 |
| [MICRON TECHNOLOGY INC (MU)](/companies/mu.md) | COM | $846.1m | 2.1% | 733,007 |  | Added +514,199 |
| [SANDISK CORP (SNDK)](/companies/sndk.md) | COM | $708.9m | 1.8% | 311,782 |  | Added +206,583 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | $684.5m | 1.7% | 709,357 |  | Reduced −205,300 |
| ASML HLDG NV | N Y REGISTRY SHS | $637.8m | 1.6% | 320,600 | Call | Added +111,900 |
| [WESTERN DIGITAL CORP (WDC)](/companies/wdc.md) | COM | $631.3m | 1.6% | 988,429 |  | Reduced −307,010 |
| [LUMENTUM HLDGS INC (LITE)](/companies/lite.md) | COM | $630.4m | 1.6% | 734,687 |  | Reduced −322,573 |
| [TAIWAN SEMICONDUCTOR MANUFAC (TSM)](/companies/tsm.md) | SPONSORED ADS | $621.8m | 1.6% | 1,302,000 | Put | Reduced −579,300 |
| [COREWEAVE INC (CRWV)](/companies/crwv.md) | COM CL A | $575.3m | 1.4% | 5,779,700 | Call | Added +4,276,200 |
| [CELESTICA INC (CLS)](/companies/cls.md) | COM | $575.1m | 1.4% | 1,576,402 |  | Added +84,908 |
| [BROADCOM INC (AVGO)](/companies/avgo.md) | COM | $546.1m | 1.4% | 1,445,700 | Put | Added +1,155,700 |
| [COMFORT SYS USA INC (FIX)](/companies/fix.md) | COM | $482.8m | 1.2% | 243,607 |  | Added +29,970 |
| [VERTIV HOLDINGS CO (VRT)](/companies/vrt.md) | COM CL A | $481.4m | 1.2% | 1,437,807 |  | Reduced −502,062 |
| [TAIWAN SEMICONDUCTOR MANUFAC (TSM)](/companies/tsm.md) | SPONSORED ADS | $481.1m | 1.2% | 1,007,480 |  | Added +1,006,800 |
| [AMAZON COM INC (AMZN)](/companies/amzn.md) | COM | $387.4m | 1.0% | 1,625,565 |  | Added +1,620,643 |
| IREN LIMITED | ORDINARY SHARES | $387.2m | 1.0% | 8,467,327 |  | Added +3,699,720 |
| FTAI AVIATION LTD | SHS | $376.9m | 0.9% | 1,393,259 |  | Added +322,367 |
| [ADVANCED MICRO DEVICES INC (AMD)](/companies/amd.md) | COM | $356.1m | 0.9% | 613,000 | Put | New +613,000 |
| [ADVANCED MICRO DEVICES INC (AMD)](/companies/amd.md) | COM | $352.8m | 0.9% | 607,400 | Call | Reduced −155,600 |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $349.1m | 0.9% | 935,900 | Call | Added +482,600 |
| [ORACLE CORP (ORCL)](/companies/orcl.md) | COM | $307.7m | 0.8% | 2,099,500 | Call | Reduced −175,200 |
| [VERTIV HOLDINGS CO (VRT)](/companies/vrt.md) | COM CL A | $305.0m | 0.8% | 911,000 | Call | Added +414,300 |
| [TERAWULF INC (WULF)](/companies/wulf.md) | COM | $302.9m | 0.8% | 12,263,135 |  | Added +4,414,903 |
| [EMCOR GROUP INC (EME)](/companies/eme.md) | COM | $290.4m | 0.7% | 349,960 |  | Added +126,439 |
| [ASTERA LABS INC (ALAB)](/companies/alab.md) | COM | $274.5m | 0.7% | 568,316 |  | Unchanged |
| [CIPHER DIGITAL INC (CIFR)](/companies/cifr.md) | COM | $272.6m | 0.7% | 11,125,393 |  | Added +123,787 |
| [BROADCOM INC (AVGO)](/companies/avgo.md) | COM | $247.4m | 0.6% | 655,000 | Call | Reduced −261,800 |
| [EQT CORP (EQT)](/companies/eqt.md) | COM | $245.4m | 0.6% | 4,614,894 |  | Added +426,906 |
| [CEREBRAS SYSTEMS INC (CBRS)](/companies/cbrs.md) | COM CL A | $241.9m | 0.6% | 1,094,722 |  | New +1,094,722 |
| [APPLIED OPTOELECTRONICS INC (AAOI)](/companies/aaoi.md) | COM | $236.3m | 0.6% | 1,595,124 |  | Added +327,186 |
| [CORE SCIENTIFIC INC NEW (CORZ)](/companies/corz.md) | COM | $235.1m | 0.6% | 9,187,797 |  | Added +1,468,835 |
| NEBIUS GROUP N.V. | SHS CLASS A | $231.3m | 0.6% | 837,500 | Call | Added +409,500 |
| [ZOOM COMMUNICATIONS INC (ZM)](/companies/zm.md) | CL A | $224.5m | 0.6% | 2,600,700 | Call | Added +1,499,000 |
| [APPLIED DIGITAL CORP (APLD)](/companies/apld.md) | COM NEW | $206.9m | 0.5% | 5,546,030 |  | Reduced −1,122,281 |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $201.0m | 0.5% | 538,900 | Put | New +538,900 |
| [ECHOSTAR CORP (ECHO)](/companies/echo.md) | CL A | $193.4m | 0.5% | 1,905,515 |  | New +1,905,515 |
| [FORGENT POWER SOLUTIONS INC (FPS)](/companies/fps.md) | COM SHS CL A | $176.4m | 0.4% | 3,158,622 |  | New +3,158,622 |
| [SANDISK CORP (SNDK)](/companies/sndk.md) | COM | $171.2m | 0.4% | 75,300 | Call | Added +19,200 |
| [HUT 8 CORP (HUT)](/companies/hut.md) | COM | $166.3m | 0.4% | 1,440,342 |  | Reduced −1,442,224 |
| [NVIDIA CORPORATION (NVDA)](/companies/nvda.md) | COM | $160.2m | 0.4% | 800,769 |  | Reduced −52,927 |
| [BROADCOM INC (AVGO)](/companies/avgo.md) | COM | $154.0m | 0.4% | 407,611 |  | Added +358,700 |
| ASML HLDG NV | N Y REGISTRY SHS | $140.4m | 0.3% | 70,548 |  | Unchanged |
| [ACM RESH INC (ACMR)](/companies/acmr.md) | COM CL A | $133.7m | 0.3% | 1,053,949 |  | Added +98,022 |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL A | $132.3m | 0.3% | 370,302 |  | Added +358,800 |
| [COHERENT CORP (COHR)](/companies/cohr.md) | COM | $125.9m | 0.3% | 319,191 |  | Reduced −966,009 |
| [FREEPORT MCMORAN INC (FCX)](/companies/fcx.md) | CL B | $121.7m | 0.3% | 1,935,000 | Call | Added +192,700 |
| [APPLIED MATLS INC (AMAT)](/companies/amat.md) | COM | $109.5m | 0.3% | 151,500 | Call | Unchanged |
| [SPACE EXPLORATION TECHN CORP (SPCX)](/companies/spcx.md) | CLASS A COM STK | $100.8m | 0.3% | 589,723 |  | New +589,723 |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | $91.9m | 0.2% | 337,998 |  | New +337,998 |
| [ADVANCED MICRO DEVICES INC (AMD)](/companies/amd.md) | COM | $90.4m | 0.2% | 155,600 |  | New +155,600 |
| [RIOT PLATFORMS INC (RIOT)](/companies/riot.md) | COM | $90.1m | 0.2% | 3,290,544 |  | Reduced −1,886,374 |
| BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | $82.6m | 0.2% | 5,203,764 |  | Added +1,157,551 |
| [LAM RESEARCH CORP (LRCX)](/companies/lrcx.md) | COM NEW | $80.0m | 0.2% | 184,700 | Call | Reduced −21,900 |
| [FREEPORT MCMORAN INC (FCX)](/companies/fcx.md) | CL B | $80.0m | 0.2% | 1,272,200 | Put | New +1,272,200 |
| [EQT CORP (EQT)](/companies/eqt.md) | COM | $73.6m | 0.2% | 1,384,900 | Call | Added +76,300 |
| [TERAWULF INC (WULF)](/companies/wulf.md) | COM | $68.0m | 0.2% | 2,754,200 | Call | Added +1,527,200 |
| [FERVO ENERGY CO (FRVO)](/companies/frvo.md) | CL A COM | $63.2m | 0.2% | 2,160,607 |  | New +2,160,607 |
| [STERLING INFRASTRUCTURE INC (STRL)](/companies/strl.md) | COM | $61.6m | 0.2% | 73,360 |  | Reduced −16,112 |
| IREN LIMITED | ORDINARY SHARES | $61.5m | 0.2% | 1,344,000 | Call | Added +721,700 |
| [ORACLE CORP (ORCL)](/companies/orcl.md) | COM | $61.3m | 0.2% | 418,200 | Put | Added +341,300 |
| [CELESTICA INC (CLS)](/companies/cls.md) | COM | $59.8m | 0.1% | 163,900 | Call | Added +150,400 |
| [LEGENCE CORP (LGN)](/companies/lgn.md) | CL A | $59.0m | 0.1% | 692,150 |  | Added +384,009 |
| [META PLATFORMS INC (META)](/companies/meta.md) | CL A | $56.2m | 0.1% | 99,700 | Put | New +99,700 |
| [KLA CORP (KLAC)](/companies/klac.md) | COM NEW | $55.2m | 0.1% | 183,000 | Call | Added +164,700 |
| INNIO NV | ORDINARY SHARES | $53.6m | 0.1% | 1,355,362 |  | New +1,355,362 |
| [LAM RESEARCH CORP (LRCX)](/companies/lrcx.md) | COM NEW | $52.7m | 0.1% | 121,597 |  | Reduced −978,959 |
| [GE VERNOVA INC (GEV)](/companies/gev.md) | COM | $52.2m | 0.1% | 44,433 |  | Unchanged |
| [APPLIED MATLS INC (AMAT)](/companies/amat.md) | COM | $50.3m | 0.1% | 69,591 |  | Reduced −662,113 |
| [GE VERNOVA INC (GEV)](/companies/gev.md) | COM | $41.8m | 0.1% | 35,600 | Call | Unchanged |
| [APPLIED DIGITAL CORP (APLD)](/companies/apld.md) | COM NEW | $39.1m | <0.1% | 1,047,400 | Call | Added +783,200 |
| [SNOWFLAKE INC (SNOW)](/companies/snow.md) | COM SHS | $33.8m | <0.1% | 132,800 | Call | Unchanged |
| [BABCOCK & WILCOX ENTERPRISES (BW)](/companies/bw.md) | COM | $31.6m | <0.1% | 2,238,024 |  | New +2,238,024 |
| [QUALCOMM INC (QCOM)](/companies/qcom.md) | COM | $31.4m | <0.1% | 169,800 | Put | Unchanged |
| [TRANSALTA CORP (TAC)](/companies/tac.md) | COM | $29.6m | <0.1% | 2,139,907 |  | Reduced −456,366 |
| [KEEL INFRASTRUCTURE CORP (KEEL)](/companies/keel.md) | COM SHS | $29.6m | <0.1% | 5,154,360 |  | New +5,154,360 |
| [HUT 8 CORP (HUT)](/companies/hut.md) | COM | $26.4m | <0.1% | 229,100 | Call | Unchanged |
| FTAI AVIATION LTD | SHS | $25.8m | <0.1% | 95,300 | Call | Added +45,000 |
| [RIOT PLATFORMS INC (RIOT)](/companies/riot.md) | COM | $24.4m | <0.1% | 890,600 | Call | New +890,600 |
| [VISTRA CORP (VST)](/companies/vst.md) | COM | $21.6m | <0.1% | 136,000 | Call | Unchanged |
| [VERTIV HOLDINGS CO (VRT)](/companies/vrt.md) | COM CL A | $20.2m | <0.1% | 60,400 | Put | Added +17,000 |
| [EROCK INC (EROC)](/companies/eroc.md) | CL A COM | $19.5m | <0.1% | 1,345,920 |  | New +1,345,920 |
| [BKV CORP (BKV)](/companies/bkv.md) | COM | $18.6m | <0.1% | 679,899 |  | Added +356,848 |
| [CONSTELLATION ENERGY CORP (CEG)](/companies/ceg.md) | COM | $17.1m | <0.1% | 68,700 | Call | Unchanged |
| [ORACLE CORP (ORCL)](/companies/orcl.md) | COM | $16.9m | <0.1% | 115,078 |  | Unchanged |
| [APPLE INC (AAPL)](/companies/aapl.md) | COM | $16.0m | <0.1% | 55,400 | Put | Unchanged |
| ISHARES TR | MSCI EMG MKT ETF | $15.3m | <0.1% | 224,100 | Put | Unchanged |
| [ECHOSTAR CORP (ECHO)](/companies/echo.md) | CL A | $13.0m | <0.1% | 128,400 | Call | New +128,400 |
| [CIPHER DIGITAL INC (CIFR)](/companies/cifr.md) | COM | $12.7m | <0.1% | 519,400 | Call | Added +69,900 |
| [FERMI INC (FRMI)](/companies/frmi.md) | COM | $12.5m | <0.1% | 1,367,995 |  | New +1,367,995 |
| [BLOOM ENERGY CORP (BE)](/companies/be.md) | COM CL A | $10.8m | <0.1% | 35,600 | Call | Added +18,300 |
| TOWER SEMICONDUCTOR LTD | SHS NEW | $10.2m | <0.1% | 39,200 | Call | Unchanged |
| [COREWEAVE INC (CRWV)](/companies/crwv.md) | COM CL A | $9.7m | <0.1% | 97,700 | Put | New +97,700 |
| [TALEN ENERGY CORP (TLN)](/companies/tln.md) | COM | $6.8m | <0.1% | 17,716 |  | Reduced −51,987 |
| [LUMENTUM HLDGS INC (LITE)](/companies/lite.md) | COM | $6.3m | <0.1% | 7,400 | Call | New +7,400 |
| [HALLADOR ENERGY COMPANY (HNRG)](/companies/hnrg.md) | COM | $5.6m | <0.1% | 320,759 |  | Unchanged |
| [CORE SCIENTIFIC INC NEW (CORZ)](/companies/corz.md) | COM | $5.5m | <0.1% | 216,800 | Call | New +216,800 |
| [APPLIED OPTOELECTRONICS INC (AAOI)](/companies/aaoi.md) | COM | $3.8m | <0.1% | 25,500 | Call | Unchanged |
| [VISTRA CORP (VST)](/companies/vst.md) | COM | $3.7m | <0.1% | 23,500 | Put | Unchanged |
| [TSS INC DEL (TSSI)](/companies/tssi.md) | COM | $3.2m | <0.1% | 261,498 |  | Reduced −199,012 |
| [COHERENT CORP (COHR)](/companies/cohr.md) | COM | $2.9m | <0.1% | 7,300 | Call | Unchanged |
| [BABCOCK & WILCOX ENTERPRISES (BW)](/companies/bw.md) | COM | $2.1m | <0.1% | 148,800 | Call | New +148,800 |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL C | $1.7m | <0.1% | 4,785 |  | Unchanged |
| [GE VERNOVA INC (GEV)](/companies/gev.md) | COM | $1.3m | <0.1% | 1,100 | Put | New +1,100 |
| [KEEL INFRASTRUCTURE CORP (KEEL)](/companies/keel.md) | COM SHS | $733.6k | <0.1% | 127,800 | Call | New +127,800 |
| [NRG ENERGY INC (NRG)](/companies/nrg.md) | COM NEW | $452.8k | <0.1% | 3,100 | Call | Unchanged |
| [AMAZON COM INC (AMZN)](/companies/amzn.md) | COM | $238.3k | <0.1% | 1,000 | Put | Reduced −73,500 |
| [GITLAB INC (GTLB)](/companies/gtlb.md) | CLASS A COM | $238.1k | <0.1% | 7,800 | Call | New +7,800 |
| [LIBERTY ENERGY INC (LBRT)](/companies/lbrt.md) | COM CL A | $217.4k | <0.1% | 8,300 | Call | Unchanged |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $139.5k | <0.1% | 374 |  | Unchanged |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | $96.5k | <0.1% | 100 | Call | Unchanged |
| [META PLATFORMS INC (META)](/companies/meta.md) | CL A | $69.8k | <0.1% | 124 |  | New +124 |
| [ACM RESH INC (ACMR)](/companies/acmr.md) | COM CL A | $12.7k | <0.1% | 100 | Call | Unchanged |
| BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | $3.2k | <0.1% | 200 | Call | Unchanged |

## 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 |
| --- | --- | ---: | ---: | ---: | --- | --- |
| BITFARMS LTD | COM | $0 | 0.0% | 0 |  | Sold out −7,815,121 |
| BITFARMS LTD | COM | $0 | 0.0% | 0 | Call | Sold out −127,800 |
| [CONSTELLATION ENERGY CORP (CEG)](/companies/ceg.md) | COM | $0 | 0.0% | 0 | Put | Sold out −13,200 |
| [FREEPORT MCMORAN INC (FCX)](/companies/fcx.md) | CL B | $0 | 0.0% | 0 |  | Sold out −4,421,462 |
| [KLA CORP (KLAC)](/companies/klac.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −143,401 |
| [LIBERTY ENERGY INC (LBRT)](/companies/lbrt.md) | COM CL A | $0 | 0.0% | 0 |  | Sold out −1,264,006 |
| [MICRON TECHNOLOGY INC (MU)](/companies/mu.md) | COM | $0 | 0.0% | 0 | Put | Sold out −45,400 |
| [SNOWFLAKE INC (SNOW)](/companies/snow.md) | COM SHS | $0 | 0.0% | 0 |  | Sold out −481,340 |
| [SOLARIS ENERGY INFRAS INC (SEI)](/companies/sei.md) | COM CL A | $0 | 0.0% | 0 |  | Sold out −896,985 |
| TOWER SEMICONDUCTOR LTD | SHS NEW | $0 | 0.0% | 0 |  | Sold out −270,441 |

Source: SEC EDGAR, Form 13F-HR, accession 0001963565-26-000005. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.