Avalon Capital Management
Avalon Capital Management reported 126 stocks worth $422M in its 13F filing for Q2 2026, filed Jul 16, 2026. Its largest holdings are GOOGL (12.8%), SMH (7.5%) and GDX (5.9%). Compared with Q1 2026, the fund opened new positions in SCHA, XLE and XBI, added to GOOGL, SMH and GDX, trimmed PDBC, MSFT and CVX and sold out of AMGN, PIT and FDX.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  GOOGL Alphabet Inc | $53.9M | 12.8% | 151K | +15K (+11%) | 8 of 8 | |
| 2 |  SMH Vaneck ETF Trust | $31.5M | 7.5% | 48K | +1,273 (+3%) | 8 of 8 | |
| 3 |  GDX Vaneck ETF Trust | $25M | 5.9% | 331K | +79K (+31%) | 8 of 8 | |
| 4 |  GLD Spdr Gold TR | $23.3M | 5.5% | 63K | +26K (+69%) | 8 of 8 | |
| 5 |  GOOG Alphabet Inc | $22.7M | 5.4% | 64K | +500 (+1%) | 8 of 8 | |
| 6 |  CSCO Cisco Sys Inc | $18M | 4.3% | 153K | No change | 8 of 8 | |
| 7 |  LLY Eli Lilly & Co | $16.4M | 3.9% | 14K | +6,065 (+80%) | 8 of 8 | |
| 8 |  AMZN Amazon Com Inc | $15.4M | 3.6% | 65K | +12K (+24%) | 8 of 8 | |
| 9 |  IEMG Ishares Inc | $14.7M | 3.5% | 177K | +4,165 (+2%) | 7 of 8 | |
| 10 |  AAPL Apple Inc | $13.4M | 3.2% | 46K | No change | 8 of 8 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
 AMGN Amgen Inc | $4.3M | 12K |
 PIT Vaneck ETF Trust | $3.6M | 49K |
 FDX Fedex Corp | $3.1M | 8,662 |
 KROP Global X Fds | $881K | 25K |
 GBIL Goldman Sachs ETF TR | $604K | 6,031 |
🔒 Free account: see all 12.
Options
valued at the underlying shares
Reported value
last 8 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Jul 16, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Avalon Capital Management 13F FAQ
What does Avalon Capital Management own?
Avalon Capital Management reported 126 stocks worth $422M in its 13F filing for Q2 2026, filed Jul 16, 2026. Its largest holdings are GOOGL (12.8%), SMH (7.5%) and GDX (5.9%). The table above lists every position in the filing (the top 10 without an account).
What did Avalon Capital Management buy and sell in Q2 2026?
Compared with Q1 2026: 17 new positions, 43 added to, 29 trimmed and 12 sold out. New positions include SCHA, XLE and XBI. It sold all of AMGN, PIT and FDX.
When will Avalon Capital Management file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is Avalon Capital Management's portfolio worth?
The Q2 2026 filing reports $422M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.