Telemark Asset Management, LLC 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Telemark Asset Management, LLC disclosed 47 US equity positions worth $764.3m in its Q1 2025 13F filing. The largest position was NVDA at 11.3% of the reported book, followed by CCJ and CSGP. Against the Q4 2024 filing, it opened 9 new positions, added to 9 and reduced 16 among the top 47 holdings.
What did Telemark Asset Management, LLC own in Q1 2025? Top 47 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 11.3% | $86.7m | 800,000 | -30% | reduced |
| 2 | CCJ CAMECO CORP | Energy | 5.4% | $41.2m | 1,000,000 | -23% | reduced |
| 3 | CSGP COSTAR GROUP INC | Real Estate | 5.2% | $39.6m | 500,000 | 25% | added |
| 4 | AMZN AMAZON COM INC | Consumer Cyclical | 5.0% | $38.1m | 200,000 | -20% | reduced |
| 5 | HEI HEICO CORP NEW | Industrials | 4.9% | $37.4m | 140,000 | 0% | held |
| 6 | WCN WASTE CONNECTIONS INC | Industrials | 3.8% | $29.3m | 150,000 | 114% | added |
| 7 | RRC RANGE RES CORP | Energy | 3.7% | $28.0m | 700,000 | 75% | added |
| 8 | HEI/A HEICO CORP NEW | 3.5% | $26.4m | 125,000 | 0% | held | |
| 9 | GRMN GARMIN LTD | Technology | 3.4% | $26.1m | 120,000 | -11% | reduced |
| 10 | CLH CLEAN HARBORS INC | Industrials | 2.8% | $21.7m | 110,000 | -15% | reduced |
| 11 | EQT EQT CORP | Energy | 2.8% | $21.4m | 400,000 | 33% | added |
| 12 | META META PLATFORMS INC | Communication Services | 2.6% | $20.2m | 35,000 | -30% | reduced |
| 13 | ADI ANALOG DEVICES INC | Technology | 2.6% | $20.2m | 100,000 | 100% | added |
| 14 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 2.6% | $19.9m | 120,000 | -20% | reduced |
| 15 | VRTX VERTEX PHARMACEUTICALS INC | Healthcare | 2.5% | $19.4m | 40,000 | – | new |
| 16 | TRMB TRIMBLE INC | Technology | 2.1% | $16.4m | 250,000 | 317% | added |
| 17 | FFIV F5 INC | Technology | 2.1% | $16.0m | 60,000 | -25% | reduced |
| 18 | AXON AXON ENTERPRISE INC | Industrials | 2.1% | $15.8m | 30,000 | 0% | held |
| 19 | FNV FRANCO NEV CORP | Basic Materials | 2.1% | $15.8m | 100,000 | – | new |
| 20 | CRH CRH PLC | Basic Materials | 1.7% | $13.2m | 150,000 | – | new |
| 21 | GOOGL ALPHABET INC | Communication Services | 1.6% | $12.4m | 80,000 | 33% | added |
| 22 | ASPN ASPEN AEROGELS INC | Basic Materials | 1.6% | $12.1m | 1,892,424 | 0% | held |
| 23 | BV BRIGHTVIEW HLDGS INC | 1.5% | $11.6m | 900,000 | 6% | added | |
| 24 | ARCELORMITTAL SA LUXEMBOURG | 1.5% | $11.5m | 400,000 | – | new | |
| 25 | NOVT NOVANTA INC | Technology | 1.5% | $11.5m | 90,000 | -44% | reduced |
| 26 | AMSC AMERICAN SUPERCONDUCTOR CORP | Industrials | 1.4% | $10.9m | 600,000 | 0% | held |
| 27 | AMT AMERICAN TOWER CORP NEW | Real Estate | 1.4% | $10.9m | 50,000 | – | new |
| 28 | ARM ARM HOLDINGS PLC | Technology | 1.4% | $10.7m | 100,000 | -33% | reduced |
| 29 | BWXT BWX TECHNOLOGIES INC | Industrials | 1.3% | $9.9m | 100,000 | 0% | held |
| 30 | OSIS OSI SYSTEMS INC | Technology | 1.3% | $9.7m | 50,000 | 0% | held |
| 31 | CLBT CELLEBRITE DI LTD | Technology | 1.3% | $9.7m | 500,000 | 0% | held |
| 32 | DE DEERE & CO | Industrials | 1.2% | $9.4m | 20,000 | – | new |
| 33 | GLW CORNING INC | Technology | 1.2% | $9.2m | 200,000 | -50% | reduced |
| 34 | WGS GENEDX HOLDINGS CORP | Healthcare | 1.2% | $8.9m | 100,000 | – | new |
| 35 | HLMN HILLMAN SOLUTIONS CORP | Industrials | 1.2% | $8.8m | 1,000,000 | 11% | added |
| 36 | TEAM ATLASSIAN CORPORATION | Technology | 1.1% | $8.5m | 40,000 | 0% | held |
| 37 | CDXS CODEXIS INC | Healthcare | 1.1% | $8.1m | 3,000,000 | 0% | held |
| 38 | MIR MIRION TECHNOLOGIES INC | Industrials | 0.9% | $7.2m | 500,000 | 0% | held |
| 39 | ASPI ASP ISOTOPES INC | 0.9% | $6.9m | 1,475,000 | 0% | held | |
| 40 | BDSX BIODESIX INC | 0.7% | $5.2m | 8,282,490 | 0% | held | |
| 41 | CCC CCC INTELLIGENT SOLUTIONS HL | Technology | 0.6% | $4.5m | 500,000 | -66% | reduced |
| 42 | VRRM VERRA MOBILITY CORP | Technology | 0.6% | $4.5m | 200,000 | -67% | reduced |
| 43 | KOPN KOPIN CORP | 0.4% | $2.8m | 3,000,000 | – | new | |
| 44 | RXST RXSIGHT INC | Healthcare | 0.3% | $2.5m | 100,000 | -69% | reduced |
| 45 | SMWB SIMILARWEB LTD | Technology | 0.2% | $1.9m | 230,000 | -23% | reduced |
| 46 | ARBE ROBOTICS LTD | 0.2% | $1.4m | 1,350,000 | – | new | |
| 47 | KRNT KORNIT DIGITAL LTD | Industrials | 0.2% | $1.3m | 70,000 | -65% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.