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Livermore
Livermore
ZHEN

Strategy Capital LLC

SEC CIK
0001592413
Latest filing
Aug 13, 2026

The latest 13F from Strategy Capital LLC covers Q2 2026 (filed Aug 13, 2026): 11 long positions worth $1.62B. The top 10 holdings make up 97.6% of the portfolio, and the largest is Cloudflare, Inc. (NET) at 16.7%. Livermore has 24 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
0
Added
0
Reduced
11
Est. −$47.6M
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. NETCloudflare, Inc.
    16.7%$271.3MHistory
  2. AXONAxon Enterprise, Inc.
    13.4%$216.7MHistory
  3. DDOGDatadog, Inc.
    11.4%$184.8MHistory
  4. SHOPShopify Inc.
    11.3%$183.0MHistory
  5. ALABAstera Labs, Inc.
    10.2%$165.4MHistory

Share of portfolio

Top 5 holdings and the other 6 positions, by share of portfolio value

  1. NET16.7%
  2. AXON13.4%
  3. DDOG11.4%
  4. SHOP11.3%
  5. ALAB10.2%
  6. Other 6 positions37.1%

Biggest buys

New and added positions, by estimated amount bought

None this quarter.

Largest weight increases

New and added positions, by percentage points of the portfolio gained

None this quarter.

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. NETCloudflare, Inc.
    −$7.98MReducedHistory
  2. AXONAxon Enterprise, Inc.
    −$6.34MReducedHistory
  3. DDOGDatadog, Inc.
    −$5.43MReducedHistory
  4. SHOPShopify Inc.
    −$5.38MReducedHistory
  5. ALABAstera Labs, Inc.
    −$4.80MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. SHOPShopify Inc.
    −4.72 pp16.0% → 11.3%History
  2. NETCloudflare, Inc.
    −2.49 pp19.2% → 16.7%History
  3. METAMeta Platforms, Inc.
    −1.95 pp7.0% → 5.0%History
  4. AMZNAmazon Com Inc
    −1.91 pp11.8% → 9.9%History
  5. NUNu Holdings Ltd.
    −1.61 pp5.0% → 3.4%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$1.62B
+$399.7M (+32.7%) vs. prior quarter
Positions
11
0 vs. prior quarter
Top 10 concentration
97.6%
Top 10 as share of value
Turnover
0.0%
Q2 2026, one quarter
Average holding period
15.4 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $1.62B (Q2 2026)

Q1 2021: $735.3MQ2 2021: $976.7MQ3 2021: $1.05BQ4 2021: $1.06BQ1 2022: $827.7MQ2 2022: $573.1MQ3 2022: $586.1MQ4 2022: $487.7MQ1 2023: $626.0MQ2 2023: $723.3MQ3 2023: $716.8MQ4 2023: $919.9MQ1 2024: $985.0MQ2 2024: $1.02BQ3 2024: $1.04BQ4 2024: $1.23BQ1 2025: $1.07BQ2 2025: $1.49BQ3 2025: $1.51BQ4 2025: $1.36BQ1 2026: $1.22BQ2 2026: $1.62B
Q1 2021Q2 2026
13F filings of Strategy Capital LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 13, 202611$1.62BNETAXONDDOGvs. Q1 2026SEC
Q1 2026May 14, 202611$1.22BNETSHOPAXONvs. Q4 2025SEC
Q4 2025Feb 13, 202611$1.36BSHOPAXONNETvs. Q3 2025SEC
Q3 2025Nov 13, 202510$1.51BAXONSHOPNETvs. Q2 2025SEC
Q2 2025Aug 13, 202510$1.49BAXONNETSHOPvs. Q1 2025SEC
Q1 2025Jul 29, 2025Amended10$1.07BAXONSHOPAMZNvs. Q4 2024SEC
Q4 2024Feb 13, 202510$1.23BAXONSHOPAMZNvs. Q3 2024SEC
Q3 2024Nov 14, 2024Amended10$1.04BAMZNAXONSHOPvs. Q2 2024SEC
Q2 2024Aug 13, 202410$1.02BCRWDAMZNMETAvs. Q1 2024SEC
Q1 2024May 14, 20249$985.0MCRWDAMZNDDOGvs. Q4 2023SEC
Q4 2023Feb 13, 202410$919.9MDDOGAMZNSHOPvs. Q3 2023SEC
Q3 2023Nov 14, 20239$716.8MAMZNDDOGSHOPvs. Q2 2023SEC
Q2 2023Aug 11, 20238$723.3MDDOGSHOPAMZNvs. Q1 2023SEC
Q1 2023May 12, 20238$626.0MSHOPTEAMDDOGvs. Q4 2022SEC
Q4 2022Feb 14, 20237$487.7MSHOPDDOGAMZNvs. Q3 2022SEC
Q3 2022Nov 10, 20227$586.1MTEAMAMZNDDOGvs. Q2 2022SEC
Q2 2022Aug 12, 20227$573.1MTEAMDDOGAMZNvs. Q1 2022SEC
Q1 2022May 13, 20228$827.7MTEAMSHOPAMZNvs. Q4 2021SEC
Q4 2021Feb 11, 20228$1.06BSHOPTEAMMETAvs. Q3 2021SEC
Q3 2021Nov 12, 20219$1.05BSHOPTEAMMETAvs. Q2 2021SEC
Q2 2021Aug 12, 20219$976.7MSHOPMETATEAMvs. Q1 2021SEC
Q1 2021May 14, 20218$735.3MSHOPPINSMETA–SEC