Latest Connective Capital Management, LLC Stock Portfolio

Connective Capital Management, LLC Performance:

2025 Q4: -2.81%YTD: 11.5%2024: 8.42%

Performance for 2025 Q4 is -2.81%, and YTD is 11.5%, and 2024 is 8.42%.

About Connective Capital Management, LLC and 13F Hedge Fund Stock Holdings

Connective Capital Management, LLC is a hedge fund based in Palo Alto, CA. On 2026-02-19, the fund reported it's updated stock portfolio. In the 13F Holdings report, Connective Capital Management, LLC reported an equity portfolio of $170.3 Millions as of 31 Dec, 2025.

The top stock holdings of Connective Capital Management, LLC are VB, QQQ, ISRG. The fund has invested 47.9% of it's portfolio in VANGUARD 500 INDEX FUND and 11.8% of portfolio in INVESCO QQQ TR.

The fund managers got completely rid off BROADCOM INC (AVGO), COSTCO WHSL CORP NEW (COST) and ADVANCED MICRO DEVICES INC (AMD) stocks. They significantly reduced their stock positions in JEFFERIES FINL GROUP INC (JEF), META PLATFORMS INC (META) and UNUSUAL MACHS INC. Connective Capital Management, LLC opened new stock positions in VANGUARD 500 INDEX FUND (VB), SPDR GOLD SHARES (GLD) and SPDR SERIES TRUST - SPDR S&P BIOTECH ETF (BIL). The fund showed a lot of confidence in some stocks as they added substantially to VERTICAL AEROSPACE LTD (EVTL), ARCHER AVIATION INC (ACHR) and PROSHARES TR (BIB).

Connective Capital Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Connective Capital Management, LLC made a return of -2.81% in the last quarter. In trailing 12 months, it's portfolio return was 11.5%.

Performance
S&P 500

New Buys

Ticker	$ Bought
vanguard 500 index fund	81,595,900
spdr gold shares	1,326,050
spdr series trust - spdr s&p biotech etf	977,025
vaneck junior gold miners etf	943,691
digital brands group inc	876,226
profound medical corp	787,000
ondas inc	668,433
byrna technologies inc	650,260

New stocks bought by Connective Capital Management, LLC

Additions

Ticker	% Inc.
vertical aerospace ltd	302
archer aviation inc	270
proshares tr	100
invesco qqq tr	34.58
ishares ethereum tr	28.57
fidelity wise origin bitcoin	23.87
mobile infrastructure corp	22.2
intuitive surgical inc	6.67

Additions to existing portfolio by Connective Capital Management, LLC

Reductions

Ticker	% Reduced
jefferies finl group inc	-86.43
meta platforms inc	-64.04
unusual machs inc	-57.71
dominari holdings inc	-42.49
interactive brokers group in	-8.26
xtao inc	-5.44

Connective Capital Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
ocean pwr technologies inc	-593,468
pop culture group co ltd	-325,472
vivos therapeutics inc	-620,000
sndl inc	-401,595
authid inc	-385,827
shuttle pharmactcls hldgs in	-356,899
nuvation bio inc	-368,605
atlas lithium corp	-404,600

Connective Capital Management, LLC got rid off the above stocks

Sector Distribution

Connective Capital Management, LLC has about 76% of it's holdings in Others sector.

Sector	%
Others	76
Technology	9.1
Healthcare	7.9
Consumer Cyclical	3.5
Communication Services	1.5
Industrials	1.1

Market Cap. Distribution

Connective Capital Management, LLC has about 20.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	76
LARGE-CAP	10.8
MEGA-CAP	9.7
MID-CAP	1.6

Stocks belong to which Index?

About 19.6% of the stocks held by Connective Capital Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	80.4
S&P 500	18.1
RUSSELL 2000	1.5

Top 5 Winners (%)		%
	trisalus life sciences inc	50.1 %
	above food ingredients inc	45.8 %
ISRG	intuitive surgical inc	25.6 %
	medicus pharma ltd	11.1 %
CCJ	cameco corp	9.1 %

Top 5 Winners ($)		$
ISRG	intuitive surgical inc	2.7 M
QQQ	invesco qqq tr	0.4 M
CCJ	cameco corp	0.3 M
AAPL	apple inc	0.3 M
AMZN	amazon com inc	0.1 M

Top 5 Losers (%)		%
RBOT	vicarious surgical inc	-60.6 %
TSP	createal holdings inc	-49.5 %
	xtao inc	-44.6 %
BIB	proshares tr	-41.6 %
CABO	cable one inc	-36.3 %

Top 5 Losers ($)		$
BIB	proshares tr	-5.3 M
	dominari holdings inc	-0.6 M
MSFT	microsoft corp	-0.5 M
MELI	mercadolibre inc	-0.5 M
SPOT	spotify technology s a	-0.3 M

Connective Capital Management, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Connective Capital Management, LLC

Connective Capital Management, LLC has 57 stocks in it's portfolio. About 87% of the portfolio is in top 10 stocks. BIB proved to be the most loss making stock for the portfolio. ISRG was the most profitable stock for Connective Capital Management, LLC last quarter.

Last Reported on: 19 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.09	19,379	5,268,380	unchanged	0.00

ACHR	archer aviation inc	0.60	135,311	1,017,540	added	270

AFK	vaneck junior gold miners etf	0.55	8,294	943,691	new

AFK	vaneck gold miners etf	0.32	6,310	541,209	new

AMBA	ambarella inc	0.60	14,516	1,028,310	added	4.18

AMD	advanced micro devices inc	0.00	0.00	0.00	sold off	-100

AMZN	amazon com inc	1.26	9,295	2,145,470	unchanged	0.00

AUID	authid inc	0.00	0.00	0.00	sold off	-100

AVGO	broadcom inc	0.00	0.00	0.00	sold off	-100

BABA	alibaba group hldg ltd	0.00	0.00	0.00	sold off	-100

BIB	proshares tr	4.38	105,918	7,457,690	added	100

BIL	spdr series trust - spdr s&p biotech etf	0.57	8,013	977,025	new

BOIL	proshares tr ii	0.00	0.00	0.00	sold off	-100

BYRN	byrna technologies inc	0.38	38,729	650,260	new

CABO	cable one inc	0.14	2,144	241,950	unchanged	0.00

CCJ	cameco corp	2.42	45,029	4,119,700	unchanged	0.00

CEG	constellation energy corp	0.19	904	319,356	new

CLBS	lisata therapeutics inc	0.00	1,016	1,890	unchanged	0.00

CLSK	cleanspark inc	0.00	17,500	6,498	unchanged	0.00

COST	costco whsl corp new	0.00	0.00	0.00	sold off	-100