Tran Capital Management, L.P. reported 56 positions worth $858.16M for the quarter ended Sep 30, 2026, up 0.5% on the prior quarter. It opened 6 new positions, added to 7, trimmed 33 and exited 5. Its largest holding is Arm Holdings Plc at 8% 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 |
|---|---|---|---|---|
| TPL Texas Pacific Land Corp | +48.2K | +328.9% | $15.69M | 2.38% |
| VEEV Veeva Systems Inc | +50.8K | – | $14.51M | 1.69% |
| TLN Talen Energy Corp | +41.7K | +46.7% | $13.05M | 4.78% |
| WST West Pharmaceutical Services Inc | +28.5K | – | $10.57M | 1.23% |
| MU Micron Technology Inc | +3,400 | +27.8% | $3.62M | 1.94% |
| IQV Iqvia Holdings Inc. | +2,723 | – | $732.08K | 0.085% |
| GOOG Alphabet Inc. | +1,875 | – | $638.89K | 0.074% |
| BRK-B Berkshire Hathaway Inc | +1,140 | +228.0% | $567.66K | 0.095% |
| BN BROOKFIELD Corp | +9,585 | – | $349.47K | 0.041% |
| AER AerCap Holdings N.V. | +1,980 | +2.7% | $284.17K | 1.28% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| PANW Palo Alto Networks Inc | -77.4K | -38.1% | $30.76M | 5.82% |
| BWXT BWX Technologies, Inc. | -78.5K | -100.0% | $15.29M | Exited |
| ALC Alcon Inc | -138.3K | -93.7% | $8.96M | 0.07% |
| QXO QXO, Inc. | -386.2K | -100.0% | $6.67M | Exited |
| CF CF Industries Holdings, Inc. | -48.9K | -39.6% | $5.64M | 1% |
| WCC Wesco International Inc | -13.2K | -30.0% | $4.73M | 1.29% |
| FERG Ferguson Enterprises Inc. | -12.3K | -7.6% | $2.74M | 3.85% |
| ARM Arm Holdings Plc | -4,249 | -1.8% | $1.23M | 8.01% |
| NVDA Nvidia Corp | -5,200 | -1.8% | $1.19M | 7.62% |
| DHR Danaher Corp | -5,048 | -2.7% | $1.12M | 4.67% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| VEEV Veeva Systems Inc | +50.8K | $14.51M | 1.69% |
| WST West Pharmaceutical Services Inc | +28.5K | $10.57M | 1.23% |
| IQV Iqvia Holdings Inc. | +2,723 | $732.08K | 0.085% |
| GOOG Alphabet Inc. | +1,875 | $638.89K | 0.074% |
| BN BROOKFIELD Corp | +9,585 | $349.47K | 0.041% |
| MKL Markel Group Inc. | +160 | $273.99K | 0.032% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | ARM Arm Holdings Plc | Technology | 237.3K | $68.73M | 8.01% | -4,249 | -1.8% | Reduced | 0.02% |
| 2 | NVDA Nvidia Corp | Technology | 286.2K | $65.36M | 7.62% | -5,200 | -1.8% | Reduced | 0% |
| 3 | PANW Palo Alto Networks Inc | Technology | 125.6K | $49.91M | 5.82% | -77.4K | -38.1% | Reduced | 0.02% |
| 4 | PSX Phillips 66 | Energy | 186.7K | $47.66M | 5.55% | -2,419 | -1.3% | Reduced | 0.05% |
| 5 | MSFT Microsoft Corp | Technology | 91.3K | $46.84M | 5.46% | -1,573 | -1.7% | Reduced | 0% |
| 6 | AMZN Amazon Com Inc | Consumer Discretionary | 174.7K | $43.54M | 5.07% | -1,249 | -0.7% | Reduced | 0% |
| 7 | TLN Talen Energy Corp | Utilities | 131.2K | $41.01M | 4.78% | +41.7K | +46.7% | Added | 0.28% |
| 8 | DHR Danaher Corp | Healthcare | 181.0K | $40.11M | 4.67% | -5,048 | -2.7% | Reduced | 0.03% |
| 9 | GOOGL Alphabet Inc. | Technology | 106.6K | $36.67M | 4.27% | -910 | -0.8% | Reduced | 0% |
| 10 | FERG Ferguson Enterprises Inc. | Industrials | 148.5K | $33.05M | 3.85% | -12.3K | -7.6% | Reduced | 0.08% |
| 11 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 67.4K | $30.74M | 3.58% | -1,225 | -1.8% | Reduced | 0% |
| 12 | META Meta Platforms, Inc. | Technology | 41.2K | $29.85M | 3.48% | -766 | -1.8% | Reduced | 0% |
| 13 | GEV GE Vernova Inc. | Industrials | 29.7K | $28.25M | 3.29% | -483 | -1.6% | Reduced | 0.01% |
| 14 | IFF International Flavors & Fragrances Inc | Basic Materials | 325.6K | $27.18M | 3.17% | -1,802 | -0.6% | Reduced | 0.13% |
| 15 | TYL Tyler Technologies Inc | Technology | 76.3K | $24.31M | 2.83% | -1,140 | -1.5% | Reduced | 0.16% |
Tip. Select a row to see that position’s full history at Tran Capital Management.
As of its Q3 2026 13F filing, Tran Capital Management, L.P.’s five largest positions were Arm Holdings Plc (ARM) at 8.0%, Nvidia Corp (NVDA) at 7.6%, Palo Alto Networks Inc (PANW) at 5.8%, Phillips 66 (PSX) at 5.6%, Microsoft Corp (MSFT) at 5.5% of the reported portfolio.
Tran Capital Management, L.P. reported a 13F portfolio worth $858.16M across 56 positions for Q3 2026. That is up 0.5% from the previous quarter.
Its largest purchases by value were Texas Pacific Land Corp ($15.69M), Veeva Systems Inc ($14.51M), Talen Energy Corp ($13.05M). It opened 6 new positions.
Its largest sales by value were Palo Alto Networks Inc ($30.76M), BWX Technologies, Inc. ($15.29M), Alcon Inc ($8.96M). It exited 5 positions entirely.
From the Form 13F-HR reports Tran Capital Management, L.P. 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.