Nearwater Capital Markets, Ltd
SEC Form 13F institutional filer · CIK 0001915842
13F-HR · 44 reported holdings · 2026-03-31
SEC-registered institutional investment manager.
Reported long-US-equity value
$2.82B
Top-10 concentration
56.2%
Nearwater Capital Markets, Ltd — $2.82B AUM allocation strategy
Nearwater Capital Markets, Ltd files SEC Form 13F and reports $2.82B of long US equity value across 44 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 30.3%, followed by Financials 16.6% and Consumer Discretionary 7.0%.
The top 10 holdings account for 56% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Nearwater Capital Markets, Ltd — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$2.82B
total across 44 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
56% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$SPGI +5.69M sh · +$267M+$AMZN +365K sh · +$69.8M+$AAPL +244K sh · +$48.1M
Biggest trims (shares)
−$BAC −1.53M sh · −$84.4M−$GOOG −1.02M sh · −$326M−$GILD −813K sh · −$96.5M
Exited to nil (held last quarter, gone now)
$MU ($197M last qtr)$WMT ($185M last qtr)$TSLA ($128M last qtr)$MRVL ($127M last qtr)$LUV ($116M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Technology Hardware, Storage & Peripherals13.7%—
- Semiconductors12.1%—
- Financial Exchanges & Data9.8%—
- Interactive Media & Services5.1%—
- Broadline Retail4.7%—
- Construction Machinery & Heavy Transportation Equipment3.8%—
- Pharmaceuticals3.2%—
- Diversified Banks2.8%—
- Other holdings44.7%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
9 of 9 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $SPGI | S&P Global Inc | 6.04M | $276M | +5.69M | 9.8% |
| $AAPL | Apple Inc | 1.01M | $256M | +244K | 9.1% |
| $NVDA | NVIDIA Corporation | 1.43M | $249M | -434K | 8.8% |
| $AMZN | Amazon.com Inc | 640K | $133M | +365K | 4.7% |
| $SNDK | Sandisk Corporation | 206K | $131M | -65.4K | 4.6% |
| $CAT | Caterpillar Inc | 152K | $108M | — | 3.8% |
| $AVGO | Broadcom Inc | 301K | $93.2M | -503K | 3.3% |
| $JNJ | Johnson & Johnson | 370K | $90.4M | — | 3.2% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 292K | $84M | -1.02M | 3.0% |
…and 35 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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