Nearwater Capital Markets
Nearwater Capital Markets reported 100 stocks worth $5.8B in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are RVMD (6.8%), AMZN (5.5%) and GDX (4.6%). Compared with Q1 2026, the fund opened new positions in AMD, UBER and TSLA, added to RVMD, AMZN and GDX, trimmed SNDK, NVDA and AAPL and sold out of SPDW, VEA and IXUS.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 7 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  RVMD Revolution Medicines Inc | $393M | 6.8% | 2.1M | +1.4M (+209%) | 2 of 7 | |
| 2 |  AMZN Amazon Com Inc | $317M | 5.5% | 1.3M | +689K (+108%) | 7 of 7 | |
| 3 |  GDX Vaneck ETF Trust | $268M | 4.6% | 3.6M | +2.6M (+293%) | 2 of 7 | |
| 4 |  SNDK Sandisk Corp | $250M | 4.3% | 110K | −96K (−47%) | 3 of 7 | |
| 5 |  AMD Advanced Micro Devices Inc | $225M | 3.9% | 388K | New position | 3 of 7 | |
| 6 |  NCLH Norwegian Cruise Line Hldg L | $200M | 3.5% | 9.5M | +6.1M (+178%) | 2 of 7 | |
| 7 |  GOOGL Alphabet Inc | $189M | 3.3% | 528K | +236K (+81%) | 7 of 7 | |
| 8 |  NVDA Nvidia Corporation | $171M | 3.0% | 854K | −574K (−40%) | 7 of 7 | |
| 9 |  UBER Uber Technologies Inc | $157M | 2.7% | 2.2M | New position | 5 of 7 | |
| 10 |  MSFT Microsoft Corp | $157M | 2.7% | 420K | +255K (+155%) | 7 of 7 |
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 |
|---|---|---|
 SPDW Spdr Developed | $276M | 6M |
 VEA Vanguard Tax-Managed Fds | $143M | 2.2M |
 IXUS Ishares Core Msci Totl | $122M | 1.4M |
TERNS PHARMACEUTICALS INC | $113M | 2.2M |
 CAT Caterpillar Inc | $108M | 152K |
🔒 Free account: see all 30.
Reported value
last 7 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 | |
|---|---|---|---|
| Aug 14, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Nearwater Capital Markets 13F FAQ
What does Nearwater Capital Markets own?
Nearwater Capital Markets reported 100 stocks worth $5.8B in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are RVMD (6.8%), AMZN (5.5%) and GDX (4.6%). The table above lists every position in the filing (the top 10 without an account).
What did Nearwater Capital Markets buy and sell in Q2 2026?
Compared with Q1 2026: 64 new positions, 15 added to, 15 trimmed and 46 sold out. New positions include AMD, UBER and TSLA. It sold all of SPDW, VEA and IXUS.
When will Nearwater Capital Markets 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 Nearwater Capital Markets's portfolio worth?
The Q2 2026 filing reports $5.8B 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.