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Livermore
Livermore
ZHEN

Point Break Capital Management, LLC

SEC CIK
0001631943
Latest filing
Aug 14, 2026

The latest 13F from Point Break Capital Management, LLC covers Q2 2026 (filed Aug 14, 2026): 20 long positions worth $91.7M. The top 10 holdings make up 82.8% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 14.8%. Livermore has 18 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
10
Est. +$28.1M
Added
4
Est. +$5.81M
Reduced
5
Est. −$36.6M
Sold out
3
Est. −$11.4M

Top 5 holdings

Share of this quarter's portfolio value

  1. NVDANVIDIA Corp
    14.8%$13.6MHistory
  2. TSMTaiwan Semiconductor Manufacturing Co Ltd
    11.7%$10.8MHistory
  3. ASMLASML Holding NV
    9.3%$8.58MHistory
  4. METAMeta Platforms, Inc.
    8.8%$8.04MHistory
  5. AMZNAmazon Com Inc
    8.5%$7.77MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. ASMLASML Holding NV
    +$8.58MNewHistory
  2. AVGOBroadcom Inc.
    +$6.28MNewHistory
  3. IESCIES Holdings, Inc.
    +$3.09MNewHistory
  4. XYZBlock, Inc.
    +$2.63MNewHistory
  5. AMZNAmazon Com Inc
    +$2.51MAddedHistory

Largest weight increases

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

  1. ASMLASML Holding NV
    +9.35 pp0.0% → 9.3%History
  2. AVGOBroadcom Inc.
    +6.84 pp0.0% → 6.8%History
  3. INTCIntel Corp
    +5.13 pp2.0% → 7.1%History
  4. TSMTaiwan Semiconductor Manufacturing Co Ltd
    +3.55 pp8.2% → 11.7%History
  5. IESCIES Holdings, Inc.
    +3.36 pp0.0% → 3.4%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. CZRCaesars Entertainment, Inc.
    −$23.6MReducedHistory
  2. COFCapital One Financial Corp
    −$8.49MReducedHistory
  3. SPYSPDR S&P 500 ETF Trust
    −$7.15MSold outHistory
  4. MSFTMicrosoft Corp
    −$3.71MSold outHistory
  5. AMDAdvanced Micro Devices Inc
    −$3.27MReducedHistory

Largest weight decreases

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

  1. CZRCaesars Entertainment, Inc.
    −22.76 pp31.0% → 8.3%History
  2. COFCapital One Financial Corp
    −8.56 pp12.7% → 4.2%History
  3. SPYSPDR S&P 500 ETF Trust
    −8.13 pp8.1% → 0.0%History
  4. MSFTMicrosoft Corp
    −4.22 pp4.2% → 0.0%History
  5. PAGSPagSeguro Digital Ltd.
    −0.58 pp0.6% → 0.0%History

Metrics

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

Portfolio value
$91.7M
+$3.71M (+4.2%) vs. prior quarter
Positions
20
+7 vs. prior quarter
Top 10 concentration
82.8%
Top 10 as share of value
Turnover
37.7%
Q2 2026, one quarter
Average holding period
2.3 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

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

Peak $3.83B (Q3 2021)

Q1 2021: $1.25BQ2 2021: $1.60BQ3 2021: $3.83BQ4 2021: $1.08BQ1 2022: $923.8MQ2 2022: $418.4MQ3 2022: $179.9MQ4 2022: $168.2MQ1 2023: $106.6MQ2 2023: $80.2MQ3 2023: $75.9MQ4 2023: $80.0MQ1 2024: $82.4MQ2 2024: $92.1MQ3 2024: $85.3MQ4 2025: $112.7MQ1 2026: $88.0MQ2 2026: $91.7M
Q1 2021Q2 2026
13F filings of Point Break Capital Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202620$91.7MNVDATSMASMLvs. Q1 2026SEC
Q1 2026May 14, 202613$88.0MCZRCOFNVDAvs. Q4 2025SEC
Q4 2025Feb 12, 202616$112.7MCZRCOFNVDA–SEC
Q3 2024Nov 13, 202414$85.3MCZRFOURMSFTvs. Q2 2024SEC
Q2 2024Aug 14, 202415$92.1MCZRGOOGLMSFTvs. Q1 2024SEC
Q1 2024May 13, 202414$82.4MCZRiShares InciShares Incvs. Q4 2023SEC
Q4 2023Feb 13, 202410$80.0MCZRInvesco Exch Traded FD Tr IIUBSvs. Q3 2023SEC
Q3 2023Nov 13, 20238$75.9MCZRBRSLCNKvs. Q2 2023SEC
Q2 2023Aug 11, 20236$80.2MCZRTMUSiShares Incvs. Q1 2023SEC
Q1 2023May 12, 20236$106.6MCZRONONUBSvs. Q4 2022SEC
Q4 2022Feb 14, 20235$168.2MCZRONONPINSvs. Q3 2022SEC
Q3 2022Nov 14, 20229$179.9MCZRONONPINSvs. Q2 2022SEC
Q2 2022Aug 12, 202212$418.4MCZRONONTMUSvs. Q1 2022SEC
Q1 2022May 13, 202213$923.8MCZRONONTMUSvs. Q4 2021SEC
Q4 2021Jan 13, 202225$1.08BCZRONONiShares Trvs. Q3 2021SEC
Q3 2021Nov 12, 202130$3.83BONONCZRIFFvs. Q2 2021SEC
Q2 2021Aug 12, 202131$1.60BCZRIFFENOVvs. Q1 2021SEC
Q1 2021May 14, 202135$1.25BCZRIFFVALE–SEC