Nutshell Asset Management Ltd
SEC Form 13F institutional filer · CIK 0002021442
13F-HR · 27 reported holdings · 2026-03-31
Reported long-US-equity value
$0.16B
Top-10 concentration
75.4%
Nutshell Asset Management Ltd — $156M AUM allocation strategy
Nutshell Asset Management Ltd files SEC Form 13F and reports $156M of long US equity value across 27 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 63.4%, followed by Financials 14.8% and Health Care 7.3%.
The top 10 holdings account for 75% 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.
Nutshell Asset Management Ltd — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$156M
total across 27 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
75% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$APH +21K sh · +$1.76M+$ADBE +18K sh · +$656K+$MSFT +11K sh · +$933K
Biggest trims (shares)
−$FTNT −197K sh · −$15.3M−$ORLY −50.5K sh · −$4.59M−$V −29.5K sh · −$10.8M
Exited to nil (held last quarter, gone now)
$PYPL ($6.93M last qtr)$ZTS ($6.58M last qtr)$FDS ($3.77M last qtr)$KO ($2.91M last qtr)$TXN ($2.85M 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)
- Systems Software16.8%—
- Semiconductors15.2%—
- Application Software14.3%—
- Transaction & Payment Processing Services12.0%—
- Electronic Components9.9%—
- Health Care Equipment7.3%—
- Communications Equipment6.5%—
- Financial Exchanges & Data2.8%—
- Other holdings15.3%—
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
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NVDA | NVIDIA Corporation | 109K | $19.1M | -16.3K | 12.2% |
| $MA | Mastercard Incorporated | 31.5K | $15.8M | +180 | 10.1% |
| $APH | Amphenol Corporation | 122K | $15.4M | +21K | 9.9% |
| $MSFT | Microsoft Corporation | 38.9K | $14.4M | +11K | 9.2% |
| $ADBE | Adobe Inc | 52.8K | $12.8M | +18K | 8.2% |
| $FTNT | Fortinet Inc | 144K | $11.7M | -197K | 7.5% |
| $ANET | Arista Networks Inc | 82.3K | $10.1M | — | 6.5% |
| $RMD | ResMed Inc | 36.4K | $8.18M | — | 5.2% |
| $FICO | Fair Isaac Corporation | 5.15K | $5.5M | — | 3.5% |
| $AVGO | Broadcom Inc | 15K | $4.64M | — | 3.0% |
…and 17 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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