Q2 2026 13F · SEC CIK 1759364
Totem Point Management, LLC
Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $163.5M
- Reported positions
- 18
- Top holdings a year, 3 yrs
- +33.5%
- Assets under management
- $144.2M
Totem Point Management, LLC is a hedge fund that reported 18 positions worth $163.5M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Cerebras Systems Inc (CBRS, 24.5%), Taiwan Semiconductor Manufac (TSM, 9.5%), Lam Research Corp (LRCX, 9.0%). A portfolio copying its top holdings returned 33.5% a year over the last 3 years, against 20.4% for the S&P 500.
Totem Point Management, LLC holdings all 18 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 |
|---|---|---|---|
| CBRSCerebras Systems Inc | 24.5% | — | $40.0M |
| TSMTaiwan Semiconductor Manufac | 9.5% | +50.7% | $15.6M |
| LRCXLam Research Corp | 9.0% | +80.9% | $14.7M |
| NVDANvidia Corporation | 8.3% | -11.5% | $13.6M |
| AMDAdvanced Micro Devices Inc | 7.8% | -48.2% | $12.7M |
| TERTeradyne Inc | 6.5% | +7.1% | $10.7M |
| MUMicron Technology Inc | 5.5% | +253.3% | $9.0M |
| LSCCLattice Semiconductor Corp | 5.0% | +53.8% | $8.2M |
| NOKNokia Corp | 4.8% | — | $7.8M |
| MRVLMarvell Technology Inc | 4.7% | -41.8% | $7.8M |
| SPGIS&p Global Inc | 4.7% | +61.9% | $7.7M |
| GEVGe Vernova Inc | 2.7% | +423.1% | $4.4M |
| AMKRAmkor Technology Inc | 1.9% | — | $3.1M |
| ONOn Semiconductor Corp | 1.6% | -79.4% | $2.6M |
| WDCWestern Digital Corp Com | 1.2% | — | $1.9M |
| SPOTSpotify Technology SA | 1.1% | -70.2% | $1.7M |
| BEBloom Energy Corp | 0.7% | — | $1.1M |
| TTWOTake-Two Interactive Softwar | 0.5% | -86.7% | $783K |
What Totem Point Management, LLC bought and sold in Q2 2026, against Q1 2026.
New positions
- CBRS Cerebras Systems Inc24.5% of 13F
- NOK Nokia Corp4.8% of 13F
- AMKR Amkor Technology Inc1.9% of 13F
- WDC Western Digital Corp Com1.2% of 13F
- BE Bloom Energy Corp0.7% of 13F
Added to
- GEV Ge Vernova Inc+423.1% shares
- MU Micron Technology Inc+253.3% shares
- LRCX Lam Research Corp+80.9% shares
- SPGI S&p Global Inc+61.9% shares
- LSCC Lattice Semiconductor Corp+53.8% shares
- TSM Taiwan Semiconductor Manufac+50.7% shares
- TER Teradyne Inc+7.1% shares
Reduced
- TTWO Take-Two Interactive Softwar-86.7% shares
- ON On Semiconductor Corp-79.4% shares
- SPOT Spotify Technology SA-70.2% shares
- AMD Advanced Micro Devices Inc-48.2% shares
- MRVL Marvell Technology Inc-41.8% shares
- NVDA Nvidia Corporation-11.5% shares
Sold out
- HPE Hewlett Packard Enterprise Cwas 3.2%
- CME Cme Group Incwas 2.8%
- FWONK Liberty Media Corp Delwas 1.0%
- NBIS Nebius Group N.v.was 0.4%
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
- +34.2% /yr
- S&P 500 +20.1%
- 3 years
- +33.5% /yr
- S&P 500 +20.4%
- 5 years
- +13.6% /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 | $163.5M | 18 |
| Q1 2026 | $78.4M | 17 |
| Q4 2025 | $100.2M | 14 |
| Q3 2025 | $112.1M | 15 |
| Q2 2025 | $95.0M | 12 |
| Q1 2025 | $81.2M | 13 |
| Q4 2024 | $94.4M | 16 |
| Q3 2024 | $94.6M | 16 |
| Q2 2024 | $68.3M | 15 |
| Q1 2024 | $91.4M | 16 |
| Q4 2023 | $77.2M | 14 |
| Q3 2023 | $70.5M | 16 |
Questions about Totem Point Management, LLC's portfolio
What stocks does Totem Point Management, LLC own?
Totem Point Management, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 18 positions worth $163.5M. The largest are Cerebras Systems Inc (CBRS) at 24.5%, Taiwan Semiconductor Manufac (TSM) at 9.5%, Lam Research Corp (LRCX) at 9.0%, Nvidia Corporation (NVDA) at 8.3% and Advanced Micro Devices Inc (AMD) at 7.8%.
What did Totem Point Management, LLC buy last quarter?
In Q2 2026, Totem Point Management, LLC added a new position in Cerebras Systems Inc (CBRS), a new position in Nokia Corp (NOK), a new position in Amkor Technology Inc (AMKR), a new position in Western Digital Corp Com (WDC), a new position in Bloom Energy Corp (BE), Ge Vernova Inc (GEV) (+423.1% shares), Micron Technology Inc (MU) (+253.3% shares) and Lam Research Corp (LRCX) (+80.9% shares), compared with its Q1 2026 filing.
What did Totem Point Management, LLC sell last quarter?
In Q2 2026, Totem Point Management, LLC sold all of Hewlett Packard Enterprise C (HPE), sold all of Cme Group Inc (CME), sold all of Liberty Media Corp Del (FWONK), sold all of Nebius Group N.v. (NBIS), Take-Two Interactive Softwar (TTWO) (-86.7% shares), On Semiconductor Corp (ON) (-79.4% shares) and Spotify Technology SA (SPOT) (-70.2% shares), compared with its Q1 2026 filing.
How has Totem Point Management, LLC's portfolio performed?
A portfolio copying Totem Point Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +33.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +34.2% against +20.1%. Over 5 years: +13.6% a year against +11.6%.
When is Totem Point Management, LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Totem Point Management, 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 Totem Point Management, LLC manage?
Totem Point Management, LLC reported $144.2M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $163.5M.