Latest Loup Funds, LLC Stock Portfolio

Loup Funds, LLC Performance:

2025 Q4: 0.29%YTD: 2.19%2024: 19.39%

Performance for 2025 Q4 is 0.29%, and YTD is 2.19%, and 2024 is 19.39%.

About Loup Funds, LLC and 13F Hedge Fund Stock Holdings

DEEPWATER ASSET MANAGEMENT, LLC is a hedge fund based in Minneapolis, MN. On 2026-02-11, the fund reported it's updated stock portfolio. In the 13F Holdings report, DEEPWATER ASSET MANAGEMENT, LLC reported an equity portfolio of $343.3 Millions as of 31 Dec, 2025.

The top stock holdings of DEEPWATER ASSET MANAGEMENT, LLC are NU, APP, . The fund has invested 4.9% of it's portfolio in NU HLDGS LTD and 4.8% of portfolio in APPLOVIN CORP.

The fund managers got completely rid off CLEARWATER ANALYTICS HLDGS I (CWAN), ACV AUCTIONS INC (ACVA) and ARISTA NETWORKS INC (ANET) stocks. They significantly reduced their stock positions in MICRON TECHNOLOGY INC (MU), ASML HOLDING N V and VERTIV HOLDINGS CO (VRT). DEEPWATER ASSET MANAGEMENT, LLC opened new stock positions in REDDIT INC, ATLASSIAN CORPORATION (TEAM) and INTUITIVE SURGICAL INC (ISRG). The fund showed a lot of confidence in some stocks as they added substantially to FIRST SOLAR INC (FSLR), TAKE-TWO INTERACTIVE SOFTWAR (TTWO) and SEA LTD (SE).

Loup Funds, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that DEEPWATER ASSET MANAGEMENT, LLC made a return of 0.29% in the last quarter. In trailing 12 months, it's portfolio return was 2.19%.

Performance
S&P 500

New Buys

Ticker	$ Bought
reddit inc	16,126,100
atlassian corporation	14,781,000
intuitive surgical inc	14,277,900
confluent inc	12,405,100
natera inc	9,082,270
astera labs inc	8,555,560
aerovironment inc	6,986,990
roblox corp	6,712,610

New stocks bought by Loup Funds, LLC

Additions

Ticker	% Inc.
first solar inc	494
take-two interactive softwar	446
sea ltd	139
carvana co	108
synopsys inc	86.6
mercadolibre inc	38.64
uber technologies inc	28.56
applovin corp	27.55

Additions to existing portfolio by Loup Funds, LLC

Reductions

Ticker	% Reduced
micron technology inc	-91.42
asml holding n v	-67.09
vertiv holdings co	-63.28
dutch bros inc	-23.41
broadcom inc	-21.77
first watch restaurant group	-20.5
workday inc	-18.32
freshpet inc	-16.56

Loup Funds, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
acv auctions inc	-10,314,700
clearwater analytics hldgs i	-12,265,300
confluent inc	-12,665,100
pinterest inc	-891,012
ishares tr	-1,787,650
arista networks inc	-1,886,070

Loup Funds, LLC got rid off the above stocks

Sector Distribution

DEEPWATER ASSET MANAGEMENT, LLC has about 34.7% of it's holdings in Technology sector.

Sector	%
Technology	34.7
Others	24.2
Consumer Cyclical	13.8
Industrials	7.9
Communication Services	7.1
Healthcare	6.8
Consumer Defensive	2.8
Utilities	1.4
Energy	1.4

Market Cap. Distribution

DEEPWATER ASSET MANAGEMENT, LLC has about 48% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	42.9
UNALLOCATED	28.5
MID-CAP	19.6
MEGA-CAP	5.1
SMALL-CAP	4

Stocks belong to which Index?

About 25.9% of the stocks held by DEEPWATER ASSET MANAGEMENT, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	74.1
S&P 500	16.7
RUSSELL 2000	9.2

Top 5 Winners (%)		%
MU	micron technology inc	38.3 %
GOOG	alphabet inc	25.7 %
BROS	dutch bros inc	15.0 %
FSLR	first solar inc	10.0 %
FRPT	freshpet inc	9.7 %

Top 5 Winners ($)		$
MU	micron technology inc	5.4 M
BROS	dutch bros inc	1.8 M
	global e online ltd	1.3 M
FRPT	freshpet inc	1.0 M
CVNA	carvana co	0.9 M

Top 5 Losers (%)		%
SE	sea ltd	-22.1 %
FOUR	shift4 pmts inc	-17.1 %
UBER	uber technologies inc	-15.0 %
MELI	mercadolibre inc	-12.1 %
WDAY	workday inc	-9.8 %

Top 5 Losers ($)		$
FOUR	shift4 pmts inc	-2.7 M
UBER	uber technologies inc	-2.6 M
MELI	mercadolibre inc	-2.2 M
META	meta platforms inc	-1.3 M
WDAY	workday inc	-1.3 M

Loup Funds, LLC Holdings Map

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

Current Stock Holdings of Loup Funds, LLC

DEEPWATER ASSET MANAGEMENT, LLC has 46 stocks in it's portfolio. About 43.7% of the portfolio is in top 10 stocks. FOUR proved to be the most loss making stock for the portfolio. MU was the most profitable stock for DEEPWATER ASSET MANAGEMENT, LLC last quarter.

Last Reported on: 11 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.28	3,605	980,055	unchanged	0.00

ACVA	acv auctions inc	0.00	0.00	0.00	sold off	-100

AMZN	amazon com inc	0.21	3,138	724,313	new

ANET	arista networks inc	0.00	0.00	0.00	sold off	-100

APP	applovin corp	4.85	24,707	16,648,100	added	27.55

AVAV	aerovironment inc	2.04	28,885	6,986,990	new

AVGO	broadcom inc	0.44	4,342	1,502,770	reduced	-21.77

AXON	axon enterprise inc	1.45	8,774	4,983,020	new

BROS	dutch bros inc	3.19	179,106	10,964,900	reduced	-23.41

CFLT	confluent inc	3.61	410,221	12,405,100	new

CFLT	confluent inc	0.00	0.00	0.00	sold off	-100

COHR	coherent corp	1.40	26,112	4,819,490	new

CVNA	carvana co	3.30	26,879	11,343,500	added	108

CWAN	clearwater analytics hldgs i	0.00	0.00	0.00	sold off	-100

DDOG	datadog inc	1.25	31,457	4,277,840	new

FOUR	shift4 pmts inc	3.78	206,217	12,985,500	added	25.37

FRPT	freshpet inc	2.82	158,792	9,675,200	reduced	-16.56

FSLR	first solar inc	1.91	25,126	6,563,660	added	494

FWRG	first watch restaurant group	2.53	576,166	8,688,580	reduced	-20.5

GOOG	alphabet inc	0.47	5,155	1,617,640	added	20.81