Tannin Capital LLC reported 109 positions worth $92.69M for the quarter ended Sep 30, 2026, down 14.4% on the prior quarter. It opened 10 new positions, added to 34, trimmed 57 and exited 23. Its largest holding is Apple Inc. at 6.1% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| HON Honeywell International Inc | +2,274 | – | $479.68K | 0.518% |
| ISRG Intuitive Surgical Inc | +769 | – | $312.70K | 0.337% |
| HWKN Hawkins Inc | +2,438 | – | $307.19K | 0.331% |
| BMI Badger Meter Inc | +2,379 | – | $293.90K | 0.317% |
| SFD Smithfield Foods Inc | +15.7K | – | $293.34K | 0.316% |
| SPRY ARS Pharmaceuticals, Inc. | +65.0K | +395.1% | $279.97K | 0.379% |
| UI Ubiquiti Inc. | +458 | – | $259.93K | 0.28% |
| GEOS Geospace Technologies Corp | +52.8K | +268.5% | $258.11K | 0.382% |
| TMUS T-Mobile US, Inc. | +1,368 | – | $223.09K | 0.241% |
| VICI Vici Properties Inc. | +9,415 | – | $216.26K | 0.233% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| BRK-A Berkshire Hathaway Inc | -8 | -100.0% | $5.99M | Exited |
| SHOP Shopify Inc. | -7,545 | -100.0% | $861.49K | Exited |
| VICR Vicor Corp | -1,621 | -100.0% | $615.62K | Exited |
| MSFT Microsoft Corp | -1,068 | -15.5% | $547.81K | 3.23% |
| GLD Spdr Gold Trust | -1,400 | -67.6% | $533.18K | 0.276% |
| JPM Jpmorgan Chase & Co | -1,565 | -9.4% | $517.73K | 5.41% |
| GOOGL Alphabet Inc. | -1,357 | -10.6% | $466.92K | 4.26% |
| AAPL Apple Inc. | -1,382 | -7.5% | $460.22K | 6.11% |
| IBIT iShares Bitcoin Trust ETF | -9,590 | -19.5% | $453.99K | 2.02% |
| AMAT Applied Materials Inc | -604 | -100.0% | $436.71K | Exited |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| HON Honeywell International Inc | +2,274 | $479.68K | 0.518% |
| ISRG Intuitive Surgical Inc | +769 | $312.70K | 0.337% |
| HWKN Hawkins Inc | +2,438 | $307.19K | 0.331% |
| BMI Badger Meter Inc | +2,379 | $293.90K | 0.317% |
| SFD Smithfield Foods Inc | +15.7K | $293.34K | 0.316% |
| UI Ubiquiti Inc. | +458 | $259.93K | 0.28% |
| TMUS T-Mobile US, Inc. | +1,368 | $223.09K | 0.241% |
| VICI Vici Properties Inc. | +9,415 | $216.26K | 0.233% |
| INDV Supernus, Inc. | +5,725 | $205.24K | 0.221% |
| TJX Tjx Companies Inc | +1,533 | $202.83K | 0.219% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| BRK-A Berkshire Hathaway Inc | -8 | $5.99M | 5.53% |
| SHOP Shopify Inc. | -7,545 | $861.49K | 0.796% |
| VICR Vicor Corp | -1,621 | $615.62K | 0.569% |
| AMAT Applied Materials Inc | -604 | $436.71K | 0.403% |
| OII Oceaneering International Inc | -10.1K | $409.41K | 0.378% |
| FIG Figma, Inc. | -21.3K | $385.06K | 0.356% |
| ACN Accenture plc | -2,958 | $368.09K | 0.34% |
| DIS Walt Disney Co | -3,709 | $356.99K | 0.33% |
| HONA Honeywell Aerospace Inc. | -1,425 | $313.93K | 0.29% |
| SNOW Snowflake Inc. | -1,171 | $298.02K | 0.275% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | AAPL Apple Inc. | Technology | 17.0K | $5.66M | 6.11% | -1,382 | -7.5% | Reduced | 0% |
| 2 | JPM Jpmorgan Chase & Co | Financial Services | 15.1K | $5.01M | 5.41% | -1,565 | -9.4% | Reduced | 0% |
| 3 | NVDA Nvidia Corp | Technology | 21.5K | $4.90M | 5.29% | -1,343 | -5.9% | Reduced | 0% |
| 4 | GOOGL Alphabet Inc. | Technology | 11.5K | $3.95M | 4.26% | -1,357 | -10.6% | Reduced | 0% |
| 5 | ABBV AbbVie Inc. | Healthcare | 11.7K | $3.07M | 3.31% | -1,069 | -8.4% | Reduced | 0% |
| 6 | MSFT Microsoft Corp | Technology | 5,843 | $3.00M | 3.23% | -1,068 | -15.5% | Reduced | 0% |
| 7 | GS Goldman Sachs Group Inc | Financial Services | 3,227 | $2.91M | 3.13% | -76 | -2.3% | Reduced | 0% |
| 8 | AVGO Broadcom Inc. | Technology | 7,854 | $2.76M | 2.98% | -1,099 | -12.3% | Reduced | 0% |
| 9 | META Meta Platforms, Inc. | Technology | 2,736 | $1.98M | 2.14% | -60 | -2.1% | Reduced | 0% |
| 10 | JNJ Johnson & Johnson | Healthcare | 7,324 | $1.94M | 2.09% | -760 | -9.4% | Reduced | 0% |
| 11 | V Visa Inc. | Financial Services | 5,323 | $1.91M | 2.06% | -196 | -3.6% | Reduced | 0% |
| 12 | IBIT iShares Bitcoin Trust ETF | Others | 39.6K | $1.87M | 2.02% | -9,590 | -19.5% | Reduced | 0% |
| 13 | HD Home Depot, Inc. | Consumer Discretionary | 6,132 | $1.74M | 1.88% | -730 | -10.6% | Reduced | 0% |
| 14 | EMR Emerson Electric Co | Industrials | 10.9K | $1.69M | 1.83% | -2,114 | -16.2% | Reduced | 0% |
| 15 | STX Seagate Technology Holdings plc | Technology | 1,673 | $1.54M | 1.66% | 0 | 0.0% | Unchanged | 0% |
Tip. Select a row to see that position’s full history at Tannin Capital.
As of its Q3 2026 13F filing, Tannin Capital LLC’s five largest positions were Apple Inc. (AAPL) at 6.1%, Jpmorgan Chase & Co (JPM) at 5.4%, Nvidia Corp (NVDA) at 5.3%, Alphabet Inc. (GOOGL) at 4.3%, AbbVie Inc. (ABBV) at 3.3% of the reported portfolio.
Tannin Capital LLC reported a 13F portfolio worth $92.69M across 109 positions for Q3 2026. That is down 14.4% from the previous quarter.
Its largest purchases by value were Honeywell International Inc ($479.68K), Intuitive Surgical Inc ($312.70K), Hawkins Inc ($307.19K). It opened 10 new positions.
Its largest sales by value were Berkshire Hathaway Inc ($5.99M), Shopify Inc. ($861.49K), Vicor Corp ($615.62K). It exited 23 positions entirely.
From the Form 13F-HR reports Tannin Capital LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.