Latest Firsthand Capital Management, Inc. Stock Portfolio
$51.44Million– No. of Holdings #44
Firsthand Capital Management, Inc. Performance:
2024 Q2: -13.69%YTD: -14.81%2023: 4.42%
Performance for 2024 Q2 is -13.69%, and YTD is -14.81%, and 2023 is 4.42%.
About Firsthand Capital Management, Inc. and 13F Hedge Fund Stock Holdings
Firsthand Capital Management, Inc. is a hedge fund based in SAN JOSE, CA. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $127.9 Millions. In it's latest 13F Holdings report, Firsthand Capital Management, Inc. reported an equity portfolio of $51.4 Millions as of 30 Jun, 2024.
The top stock holdings of Firsthand Capital Management, Inc. are POWI, WOLF, ON. The fund has invested 8.7% of it's portfolio in ROKU INC and 8.7% of portfolio in ABB LTD.
The fund managers got completely rid off PALANTIR TECHNOLGIES, INC. (PLTR), MONDAY.COM LTD. and ARQ, INC. (ADES) stocks. They significantly reduced their stock positions in ACCELLERON INDUSTRIES AG (ROKU), CARRIER GLOBAL CORP (PD) and AXCELIS TECHNOLOGIES INC (KTOS). Firsthand Capital Management, Inc. opened new stock positions in ON SEMICONDUCTOR CORP. The fund showed a lot of confidence in some stocks as they added substantially to ZSCALER INC, ROKU INC (POWI) and KRATOS DEFENSE & SECURITY SOLUTIONS INC (ON).
The top stock holdings of Firsthand Capital Management, Inc. are POWI, WOLF, ON. The fund has invested 8.7% of it's portfolio in ROKU INC and 8.7% of portfolio in ABB LTD.
The fund managers got completely rid off PALANTIR TECHNOLGIES, INC. (PLTR), MONDAY.COM LTD. and ARQ, INC. (ADES) stocks. They significantly reduced their stock positions in ACCELLERON INDUSTRIES AG (ROKU), CARRIER GLOBAL CORP (PD) and AXCELIS TECHNOLOGIES INC (KTOS). Firsthand Capital Management, Inc. opened new stock positions in ON SEMICONDUCTOR CORP. The fund showed a lot of confidence in some stocks as they added substantially to ZSCALER INC, ROKU INC (POWI) and KRATOS DEFENSE & SECURITY SOLUTIONS INC (ON).
Firsthand Capital Management, Inc. Equity Portfolio Value
Last Reported on: 15 Aug, 2024
Firsthand Capital Management, Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Firsthand Capital Management, Inc. made a return of -13.69% in the last quarter. In trailing 12 months, it's portfolio return was -16.89%.
New Buys
| Ticker | $ Bought |
|---|---|
| on semiconductor corp | 685,500 |
New stocks bought by Firsthand Capital Management, Inc.
Additions
| Ticker | % Inc. |
|---|---|
| zscaler inc | 5,614 |
| roku inc | 4,593 |
| kratos defense & security solutions inc | 1,950 |
| paypal holdings inc | 1,624 |
| chegg inc | 1,030 |
| fastly inc | 900 |
| pagerduty inc | 691 |
| palantir technologies inc | 632 |
Additions to existing portfolio by Firsthand Capital Management, Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| accelleron industries ag | -99.53 |
| carrier global corp | -99.17 |
| axcelis technologies inc | -97.87 |
| power integrations inc | -97.34 |
| honeywell international inc | -94.2 |
| enphase energy inc | -91.15 |
| netflix inc | -85.71 |
| palo alto networks inc | -83.33 |
Firsthand Capital Management, Inc. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| palantir technolgies, inc. | -2,301,000 |
| orion energy systems, inc. | -12,183 |
| swvl holdings corp warrant | -227 |
| monday.com ltd. | -2,258,700 |
| abb ltd. | -324,520 |
| arq, inc. | -44,064 |
| amtech systems, inc. | -35,706 |
| maxeon solar technologies ltd | -8,295 |
Firsthand Capital Management, Inc. got rid off the above stocks
Sector Distribution
Firsthand Capital Management, Inc. has about 54.4% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 54.4 |
| Industrials | 16.7 |
| Others | 14 |
| Consumer Defensive | 6.6 |
| Consumer Cyclical | 4.2 |
| Financial Services | 2.3 |
| Communication Services | 1.8 |
Market Cap. Distribution
Firsthand Capital Management, Inc. has about 30.6% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| SMALL-CAP | 30.4 |
| LARGE-CAP | 25.1 |
| MID-CAP | 22 |
| UNALLOCATED | 14 |
| MEGA-CAP | 5.5 |
| MICRO-CAP | 3 |
Stocks belong to which Index?
About 60.6% of the stocks held by Firsthand Capital Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 39.3 |
| RUSSELL 2000 | 37.4 |
| S&P 500 | 23.2 |
Firsthand Capital Management, Inc. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Firsthand Capital Management, Inc.
Firsthand Capital Management, Inc. has 44 stocks in it's portfolio. About 61.2% of the portfolio is in top 10 stocks. ENPH proved to be the most loss making stock for the portfolio. ASPN was the most profitable stock for Firsthand Capital Management, Inc. last quarter.
Last Reported on: 15 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ACLS | sunnova energy international inc | 0.16 | 15,000 | 83,700 | added | 200 | ||
| ADES | arq, inc. | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ASPN | netflix inc | 6.56 | 5,000 | 3,374,400 | reduced | -85.71 | ||
| ASYS | amtech systems, inc. | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BILL | docusign inc | 4.16 | 40,000 | 2,140,000 | added | 33.33 | ||
| CARR | stmicroelectronics nv | 0.38 | 5,000 | 196,400 | added | 400 | ||
| CHGG | enphase energy inc | 4.46 | 23,000 | 2,293,330 | reduced | -91.15 | ||
| CHPT | sunrun inc | 0.44 | 71,600 | 228,176 | added | 19.33 | ||
| COUR | coursera inc | 2.12 | 14,000 | 1,087,960 | added | 40.00 | ||
| DOCU | aspen aerogels inc | 4.87 | 105,000 | 2,504,250 | added | 75.00 | ||
| DOMO | domo inc | 3.45 | 230,000 | 1,775,600 | unchanged | 0.00 | ||
| ENPH | chegg inc | 1.60 | 260,000 | 821,600 | added | 1,030 | ||
| ENVX | palo alto networks inc | 3.30 | 5,000 | 1,695,050 | reduced | -83.33 | ||
| EVGO | power integrations inc | 0.22 | 1,598 | 112,164 | reduced | -97.34 | ||
| FSLR | intevac inc | 0.04 | 5,800 | 22,388 | added | 16.00 | ||
| FSLY | cloudflare inc | 3.22 | 20,000 | 1,656,600 | reduced | -60.00 | ||
| GLW | okta inc | 1.82 | 10,000 | 936,100 | reduced | -12.74 | ||
| HON | paypal holdings inc | 1.13 | 10,000 | 580,300 | added | 1,624 | ||
| ITRI | orion energy systems inc | 0.03 | 14,000 | 15,540 | added | 206 | ||
| IVAC | workday inc | 3.04 | 7,000 | 1,564,920 | added | 20.69 | ||