Q2 2026 13F · SEC CIK 1796409
Heard Capital LLC
Hedge fundFiled 2026-08-11 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $2.3B
- Reported positions
- 21
- Top holdings a year, 3 yrs
- +16.7%
- Assets under management
- $2.4B
Heard Capital LLC is a hedge fund that reported 21 positions worth $2.3B in its Q2 2026 13F, filed 2026-08-11. Its largest holdings were Lam Research Corp (LRCX, 14.1%), Transdigm Group Inc (TDG, 10.6%), Fair Isaac Corp (FICO, 10.0%). A portfolio copying its top holdings returned 16.7% a year over the last 3 years, against 20.4% for the S&P 500.
Heard Capital LLC holdings all 21 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| LRCXLam Research Corp | 14.1% | -29.2% | $328.4M |
| TDGTransdigm Group Inc | 10.6% | +4.3% | $248.1M |
| FICOFair Isaac Corp | 10.0% | +9.6% | $233.6M |
| APOApollo Global Management Inc | 8.6% | +0.5% | $200.0M |
| ATEXAnterix Inc. | 7.6% | +0.0% | $176.7M |
| PLTRPalantir Technologies Inc | 6.9% | +5.2% | $162.2M |
| AVAVAerovironment Inc | 6.4% | +25.3% | $149.2M |
| BXBlackstone Inc | 6.1% | -1.2% | $143.3M |
| BEBloom Energy Corp | 5.8% | — | $135.9M |
| MRVLMarvell Technology Inc | 5.7% | — | $133.4M |
| AMTAmerican Tower Corp | 5.6% | -27.6% | $131.6M |
| AXPAmerican Express Co | 4.9% | -0.1% | $114.8M |
| ESLTElbit Sys Ltd | 4.2% | +20.7% | $99.3M |
| MCMoelis & Co | 2.7% | +0.0% | $64.1M |
| EQIXEquinix Inc | 0.2% | +0.0% | $5.4M |
| AMZNAmazon Com Inc | 0.2% | +0.0% | $4.3M |
| QCOMQualcomm Inc | 0.1% | -41.5% | $2.3M |
| ADBEAdobe Inc | 0.1% | -98.5% | $1.4M |
| ARESAres Management Corp | 0.1% | +0.0% | $1.2M |
| PLDPrologis Inc | 0.0% | +0.0% | $1.0M |
| TSATTelesat Corp Cl A & Cl B Shs | 0.0% | -99.3% | $221K |
What Heard Capital LLC bought and sold in Q2 2026, against Q1 2026.
New positions
- BE Bloom Energy Corp5.8% of 13F
- MRVL Marvell Technology Inc5.7% of 13F
Added to
- AVAV Aerovironment Inc+25.3% shares
- ESLT Elbit Sys Ltd+20.7% shares
- FICO Fair Isaac Corp+9.6% shares
- PLTR Palantir Technologies Inc+5.2% shares
Reduced
- TSAT Telesat Corp Cl A & Cl B Shs-99.3% shares
- ADBE Adobe Inc-98.5% shares
- QCOM Qualcomm Inc-41.5% shares
- LRCX Lam Research Corp-29.2% shares
- AMT American Tower Corp-27.6% shares
Sold out
- PPLI People Incwas 0.0%
- CHTR Charter Communications Incwas 0.0%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +7.0% /yr
- S&P 500 +20.1%
- 3 years
- +16.7% /yr
- S&P 500 +20.4%
- 5 years
- +8.9% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $2.3B | 21 |
| Q1 2026 | $1.9B | 21 |
| Q4 2025 | $2.1B | 21 |
| Q3 2025 | $1.8B | 20 |
| Q2 2025 | $1.9B | 21 |
| Q1 2025 | $1.7B | 22 |
| Q4 2024 | $1.7B | 22 |
| Q3 2024 | $1.8B | 22 |
| Q2 2024 | $1.6B | 22 |
| Q1 2024 | $1.6B | 22 |
| Q4 2023 | $1.5B | 22 |
| Q3 2023 | $1.3B | 21 |
Questions about Heard Capital LLC's portfolio
What stocks does Heard Capital LLC own?
Heard Capital LLC's latest 13F, for Q2 2026 and filed Aug 11, 2026, lists 21 positions worth $2.3B. The largest are Lam Research Corp (LRCX) at 14.1%, Transdigm Group Inc (TDG) at 10.6%, Fair Isaac Corp (FICO) at 10.0%, Apollo Global Management Inc (APO) at 8.6% and Anterix Inc. (ATEX) at 7.6%.
What did Heard Capital LLC buy last quarter?
In Q2 2026, Heard Capital LLC added a new position in Bloom Energy Corp (BE), a new position in Marvell Technology Inc (MRVL), Aerovironment Inc (AVAV) (+25.3% shares), Elbit Sys Ltd (ESLT) (+20.7% shares) and Fair Isaac Corp (FICO) (+9.6% shares), compared with its Q1 2026 filing.
What did Heard Capital LLC sell last quarter?
In Q2 2026, Heard Capital LLC sold all of People Inc (PPLI), sold all of Charter Communications Inc (CHTR), Telesat Corp Cl A & Cl B Shs (TSAT) (-99.3% shares), Adobe Inc (ADBE) (-98.5% shares) and Qualcomm Inc (QCOM) (-41.5% shares), compared with its Q1 2026 filing.
How has Heard Capital LLC's portfolio performed?
A portfolio copying Heard Capital LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +7.0% against +20.1%. Over 5 years: +8.9% a year against +11.6%.
When is Heard Capital LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Heard Capital LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Heard Capital LLC manage?
Heard Capital LLC reported $2.4B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.3B.