Sphera Management Technology Funds Ltd
SEC Form 13F institutional filer · CIK 0002030525
13F-HR · 26 reported holdings · 2026-03-31
Reported long-US-equity value
$0.13B
Top-10 concentration
70.4%
Sphera Management Technology Funds Ltd — $128M AUM allocation strategy
Sphera Management Technology Funds Ltd files SEC Form 13F and reports $128M of long US equity value across 26 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 53.8%, followed by Communication Services 17.6% and Consumer Discretionary 16.8%.
The top 10 holdings account for 70% 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.
Sphera Management Technology Funds Ltd — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$128M
total across 26 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
70% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$NOW +26.1K sh · +$2.28M+$GOOGL +14.8K sh · +$3.81M+$NVDA +14.2K sh · +$1.89M
Biggest trims (shares)
−$AMAT −79K sh · −$1.7M−$INTC −28K sh · −$79.7K−$CRM −6.5K sh · −$2.15M
Exited to nil (held last quarter, gone now)
$MRVL ($2.45M last qtr)$COHR ($1.48M last qtr)$CIEN ($1.17M last qtr)$WDAY ($1.14M 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)
- Semiconductors30.8%—
- Interactive Media & Services15.0%—
- Systems Software14.4%—
- Broadline Retail10.0%—
- Automobile Manufacturers6.9%—
- Semiconductor Materials & Equipment6.0%—
- Movies & Entertainment2.6%—
- Application Software2.6%—
- Other holdings11.8%—
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 |
|---|---|---|---|---|---|
| $AMZN | Amazon.com Inc | 61.3K | $12.8M | +1.3K | 10.0% |
| $MSFT | Microsoft Corporation | 30K | $11.1M | +5K | 8.7% |
| $NVDA | NVIDIA Corporation | 62.5K | $10.9M | +14.2K | 8.5% |
| $META | Meta Platforms Inc | 18K | $10.3M | -3K | 8.1% |
| $GOOGL | Alphabet Inc | 30.8K | $8.84M | +14.8K | 6.9% |
| $TSLA | Tesla Inc | 23.6K | $8.76M | +3.44K | 6.9% |
| $AVGO | Broadcom Inc | 27.8K | $8.59M | +860 | 6.7% |
| $AMD | Advanced Micro Devices Inc | 40.1K | $8.17M | +150 | 6.4% |
| $INTC | Intel Corporation | 132K | $5.82M | -28K | 4.6% |
| $AMAT | Applied Materials Inc | 258K | $4.78M | -79K | 3.7% |
…and 16 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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