TRAN CAPITAL MANAGEMENT, L.P.

CIK

1009262

Location

SAN RAFAEL, CA

Portfolio Value

Small $233,011,475

Diversification

Diversified

Filing Date

Global Rank

#1,880 / 8,232 ▼ 32

Top Industry

Semiconductors 15.8%

3Y Alpha vs SPY

-1.4%

Period ended 2 months ago

Filed Apr 14, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+70.2%

SPY

+76.3%

Annualised alpha

-1.4%

Max drawdown

−22.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

61 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.5%

−1.0 pts

Top 5

27.6%

−6.5 pts

Top 10

50.1%

−6.4 pts

HHI

385

Diversified−60

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	32.6%	$233,011,475	17
Industrials	17.2%	$123,230,992	11
Communication Services	12.2%	$87,432,161	4
Basic Materials	10.8%	$77,152,222	5
Energy	7.4%	$52,760,544	3
Healthcare	5.8%	$41,645,279	6
Consumer Cyclical	5.4%	$38,372,789	3
Utilities	4.1%	$28,957,991	1
Financial Services	3.5%	$24,966,869	7
Real Estate	0.8%	$5,870,031	3
Unclassified	0.1%	$1,029,488	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

13 positions

Ticker	Company	Δ Shares	Shares	Value
RWT	Redwood Trust Inc	+173,194	706,176	$3,961,647
NFLX	Netflix Inc	+89,442	298,501	$28,700,871
BWXT	BWX Technologies, Inc.	+85,998	90,505	$18,507,367
ARM	Arm Holdings PLC /Uk	+83,411	272,907	$41,285,370
PGR	Progressive Corp/Oh/	+47,113	75,043	$14,876,524
AVTR	Avantor, Inc.	+43,400	86,908	$681,358
WCC	Wesco International Inc	+43,210	44,279	$12,115,619
PANW	Palo Alto Networks Inc	+28,233	203,366	$32,603,637
INTU	Intuit Inc.	+6,625	44,601	$19,284,580
MKL	Markel Group Inc.	+3,448	3,670	$7,024,636
IFF	International Flavors & Fragrances Inc	+1,179	326,505	$23,687,937
QXO	QXO, Inc.	+151	14,434	$280,308
JPM	Jpmorgan Chase & Co	+3	761	$223,855
No positions match the current search.

Trimmed

Positions the filer reduced

23 positions

Ticker	Company	Δ Shares	Shares	Value
ATI	Ati Inc	−261,460	90,862	$13,216,786
SCHW	Schwab Charles Corp	−136,549	12,435	$1,168,641
AMZN	Amazon Com Inc	−80,460	177,344	$36,935,434
TLN	Talen Energy Corp	−69,333	90,712	$28,957,991
NVDA	Nvidia Corp	−62,438	264,389	$46,109,441
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−53,394	69,993	$23,654,134
MSFT	Microsoft Corp	−26,138	94,032	$34,807,825
FICO	Fair Isaac Corp	−18,053	1,230	$1,313,074
MLM	Martin Marietta Materials Inc	−10,264	43,889	$25,836,576
DHR	Danaher Corp /De/	−7,073	175,151	$33,208,629
FERG	Ferguson Enterprises Inc. /DE/	−5,049	163,061	$38,035,608
TMUS	T-Mobile US, Inc.	−4,991	5,354	$1,124,500
META	Meta Platforms, Inc.	−4,786	46,102	$26,376,337
SHW	Sherwin Williams Co	−4,744	806	$258,363
GEV	GE Vernova Inc.	−3,972	31,226	$27,257,175
SPY	Spdr S&P 500 ETF Trust	−2,214	1,583	$1,029,488
THC	Tenet Healthcare Corp	−1,936	32,428	$6,119,487
GOOGL	Alphabet Inc.	−1,391	108,605	$31,230,453
KEYS	Keysight Technologies, Inc.	−793	5,375	$1,517,738
GGG	Graco Inc	−775	18,050	$1,527,932
AAPL	Apple Inc.	−197	8,701	$2,208,226
ENTG	Entegris Inc	−92	7,076	$829,590
LPLA	LPL Financial Holdings Inc.	−1	1,848	$555,933
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
PSX	Phillips 66	189,901	$34,596,164
TYL	Tyler Technologies Inc	60,483	$20,708,169
ELE	Elemental Royalty Corp	1,003,021	$18,896,915
VG	Venture Global, Inc.	722,146	$11,381,020
APD	Air Products & Chemicals, Inc.	29,166	$8,472,431
TPL	Texas Pacific Land Corp	14,294	$6,783,360
SPSC	Sps Commerce Inc	89,538	$4,984,580
BE	Bloom Energy Corp	3,406	$461,478
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
CRM	Salesforce, Inc.	73,388	$19,441,215
CSGP	Costar Group, Inc.	233,303	$15,687,293
EXPE	Expedia Group, Inc.	47,347	$13,413,878
VEEV	Veeva Systems Inc	46,069	$10,283,982
NKE	NIKE, Inc.	106,554	$6,788,555
COF	Capital One Financial Corp	27,864	$6,753,119
ELF	e.l.f. Beauty, Inc.	72,515	$5,514,040
NTAP	NetApp, Inc.	10,169	$1,088,998
SHOP	Shopify Inc.	1,384	$222,782
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

17 positions · $233,011,475 total · Technology only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	264,389	-62,438	$46,109,441	−24.4%	19.79%
ARM	Arm Holdings PLC /Uk Technology	Added	272,907	+83,411	$41,285,370	+99.3%	17.72%
MSFT	Microsoft Corp Technology	Reduced	94,032	-26,138	$34,807,825	−40.1%	14.94%
PANW	Palo Alto Networks Inc Technology	Added	203,366	+28,233	$32,603,637	+1.1%	13.99%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	69,993	-53,394	$23,654,134	−36.9%	10.15%
TYL	Tyler Technologies Inc Technology	NEW	60,483	NEW	$20,708,169	NEW	8.89%
INTU	Intuit Inc. Technology	Added	44,601	+6,625	$19,284,580	−23.3%	8.28%
SPSC	Sps Commerce Inc Technology	NEW	89,538	NEW	$4,984,580	NEW	2.14%
AAPL	Apple Inc. Technology	Reduced	8,701	-197	$2,208,226	−8.7%	0.95%
KEYS	Keysight Technologies, Inc. Technology	Reduced	5,375	-793	$1,517,738	+21.1%	0.65%
FICO	Fair Isaac Corp Technology	Reduced	1,230	-18,053	$1,313,074	−96.0%	0.56%
ENTG	Entegris Inc Technology	Reduced	7,076	-92	$829,590	+37.4%	0.36%
ADP	Automatic Data Processing Inc Technology	Held	3,927	0	$797,887	−21.0%	0.34%
AMD	Advanced Micro Devices Inc Technology	Held	3,874	0	$788,087	−5.0%	0.34%
TXN	Texas Instruments Inc Technology	Held	3,776	0	$733,072	+11.9%	0.31%
PAYX	Paychex Inc Technology	Held	7,887	0	$726,550	−17.9%	0.31%
CSCO	Cisco Systems, Inc. Technology	Held	8,500	0	$659,515	+0.7%	0.28%