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Telemark Asset Management, LLC: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1420816) · Explore on the interactive board

Telemark Asset Management, LLC disclosed 57 US equity positions worth $1.4bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 10, 2026). Its largest position is NVDA at 8.7% of the reported book, followed by CCJ, NOVT. The top ten holdings are 42.9% of the book, and the portfolio behaves like about 33 equal-weight positions. Versus the prior filing it opened 6 new positions, added to 9, reduced 5 and exited 2. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$1.4bnreported US equity book
57positions
8.7%largest position
42.9%top 10 weight
32.77effective positions (1/HHI)
2quarters on file since Q1 2026

What does Telemark Asset Management, LLC own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 6 new, 9 added, 5 reduced, 2 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 NVDA NVIDIA CORPORATION Technology 8.7%$120.1m600,000 0% held
2 CCJ CAMECO CORP Energy 6.6%$91.7m900,000 0% held
3 NOVT NOVANTA INC Technology 5.0%$69.0m425,000 13% added
4 HEI HEICO CORP NEW Industrials 3.6%$49.9m140,000 0% held
5 MRNA MODERNA INC Healthcare 3.5%$49.0m700,000 40% added
6 TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 3.5%$47.8m100,000 0% held
7 AMZN AMAZON COM INC Consumer Cyclical 3.4%$47.7m200,000 0% held
8 GLW CORNING INC Technology 3.0%$42.1m165,000 -18% reduced
9 HAL HALLIBURTON CO Energy 2.9%$40.7m1,200,000 0% held
10 TER TERADYNE INC Technology 2.6%$36.3m75,000 7% added
11 WCN WASTE CONNECTIONS INC Industrials 2.4%$33.3m200,000 100% added
12 HEI/A HEICO CORP NEW 2.3%$32.2m125,000 0% held
13 CAT CATERPILLAR INC Industrials 2.3%$31.9m30,000 0% held
14 DOCN DIGITALOCEAN HLDGS INC Technology 2.3%$31.4m200,000 0% held
15 KOPN KOPIN CORP 2.3%$31.4m7,000,000 0% held
16 CLH CLEAN HARBORS INC Industrials 2.2%$29.9m100,000 0% held
17 PLTR PALANTIR TECHNOLOGIES INC Technology 2.1%$29.2m250,000 25% added
18 SLB SLB LIMITED Energy 2.0%$27.9m600,000 0% held
19 ADI ANALOG DEVICES INC Technology 2.0%$27.8m70,000 0% held
20 AMSC AMERICAN SUPERCONDUCTOR CORP Industrials 1.8%$24.9m600,000 0% held
21 TXN TEXAS INSTRS INC Technology 1.7%$23.8m80,000 0% held
22 BKR BAKER HUGHES COMPANY Energy 1.6%$22.2m400,000 0% held
23 AMAT APPLIED MATLS INC Technology 1.6%$21.7m30,000 -25% reduced
24 FNV FRANCO NEV CORP Basic Materials 1.5%$20.8m100,000 0% held
25 ALNT ALLIENT INC Technology 1.5%$20.6m200,000 33% added
26 ASML ASML HLDG NV Technology 1.4%$19.9m10,000 0% held
27 ALM ALMONTY INDS INC 1.4%$19.9m1,200,000 0% held
28 ANDG ANDERSEN GROUP INC 1.4%$18.9m500,000 0% held
29 MOD MODINE MFG CO Consumer Cyclical 1.4%$18.7m70,000 -12% reduced
30 GOOGL ALPHABET INC Communication Services 1.3%$17.9m50,000 0% held
31 GRMN GARMIN LTD Technology 1.3%$17.8m75,000 50% added
32 LRCX LAM RESEARCH CORP Technology 1.3%$17.3m40,000 -20% reduced
33 META META PLATFORMS INC Communication Services 1.2%$16.9m30,000 0% held
34 LPTH LIGHTPATH TECHNOLOGIES INC Technology 1.2%$16.8m1,025,000 166% added
35 BWXT BWX TECHNOLOGIES INC Industrials 1.1%$15.6m80,000 -20% reduced
36 ODFL OLD DOMINION FREIGHT LINE IN Industrials 1.1%$15.2m70,000 new
37 BV BRIGHTVIEW HLDGS INC Industrials 0.9%$12.0m850,000 0% held
38 QBTS D-WAVE QUANTUM INC Technology 0.9%$12.0m500,000 0% held
39 NXT NEXTPOWER INC Technology 0.9%$11.9m100,000 0% held
40 AXON AXON ENTERPRISE INC Industrials 0.8%$11.2m20,000 0% held
41 BDSX BIODESIX INC 0.8%$11.0m489,824 0% held
42 KARO KAROOOOO LTD 0.8%$10.6m215,150 0% held
43 TWLO TWILIO INC Technology 0.7%$10.3m50,000 0% held
44 APP APPLOVIN CORP Communication Services 0.7%$10.3m20,000 0% held
45 SHOP SHOPIFY INC Technology 0.7%$10.3m90,000 0% held
46 TRMB TRIMBLE INC Technology 0.7%$10.2m200,000 0% held
47 HLMN HILLMAN SOLUTIONS CORP Industrials 0.7%$9.3m1,100,000 16% added
48 ORA ORMAT TECHNOLOGIES INC Utilities 0.6%$8.7m80,000 0% held
49 CDXS CODEXIS INC Healthcare 0.6%$8.7m3,846,411 0% held
50 ROG ROGERS CORP Technology 0.6%$8.2m50,000 new

What did Telemark Asset Management, LLC sell? Positions exited since the previous filing

StockPrior weightPrior value
CAMT CAMTEK LTD74.4%$10.6m
EPAC ENERPAC TOOL GROUP CORP25.6%$3.6m

Sector mix

SectorWeight
Technology44.3%
Industrials17.7%
Energy14.2%
Consumer Cyclical4.8%
Healthcare4.2%
Communication Services3.3%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 202657$1.4bn
Q1 202653$1.1bn

How concentrated is Telemark Asset Management, LLC's portfolio?

Across every quarter Telemark Asset Management, LLC has filed, its median largest position is 9.2% of the book and its median top-ten weight is 44.4%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 2.0 completed holding spells, the median lasted 1.0 quarters; 57.0 positions are still open and their final length is unknown.