Totem Point Management
Totem Point Management reported 18 stocks worth $163M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are CBRS (24.5%), TSM (9.6%) and LRCX (9.0%). Compared with Q1 2026, the fund opened new positions in CBRS, NOK and AMKR, added to TSM, LRCX and TER, trimmed NVDA, AMD and MRVL and sold out of HPE, CME and FWONK.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  CBRS Cerebras Systems Inc Com CL A | $40M | 24.5% | 181K | New position | 1 of 8 | |
| 2 |  TSM Taiwan Semiconductor Mfg Ltd | $15.6M | 9.6% | 33K | +11K (+51%) | 8 of 8 | |
| 3 |  LRCX Lam Research Corp | $14.7M | 9.0% | 34K | +15K (+81%) | 2 of 8 | |
| 4 |  NVDA Nvidia Corporation | $13.6M | 8.3% | 68K | −8,806 (−11%) | 8 of 8 | |
| 5 |  AMD Advanced Micro Devices Inc | $12.7M | 7.8% | 22K | −20K (−48%) | 4 of 8 | |
| 6 |  TER Teradyne Inc | $10.7M | 6.5% | 22K | +1,465 (+7%) | 2 of 8 | |
| 7 |  MU Micron Technology Inc | $9M | 5.5% | 7,800 | +5,592 (+253%) | 5 of 8 | |
| 8 |  LSCC Lattice Semiconductor Corp | $8.2M | 5.0% | 54K | +19K (+54%) | 2 of 8 | |
| 9 |  NOK Nokia Corp | $7.8M | 4.8% | 589K | New position | 1 of 8 | |
| 10 |  MRVL Marvell Technology Inc | $7.8M | 4.8% | 26K | −19K (−42%) | 3 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
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 | |
|---|---|---|---|
| Aug 14, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Totem Point Management 13F FAQ
What does Totem Point Management own?
Totem Point Management reported 18 stocks worth $163M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are CBRS (24.5%), TSM (9.6%) and LRCX (9.0%). The table above lists every position in the filing (the top 10 without an account).
What did Totem Point Management buy and sell in Q2 2026?
Compared with Q1 2026: 5 new positions, 7 added to, 6 trimmed and 4 sold out. New positions include CBRS, NOK and AMKR. It sold all of HPE, CME and FWONK.
When will Totem Point 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 Totem Point Management's portfolio worth?
The Q2 2026 filing reports $163M 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.