HOLLENCREST CAPITAL MANAGEMENT

CIK

1161722

Location

NEWPORT BEACH, CA

Portfolio Value

Mid $1,555,681,947

Diversification

Diversified

Filing Date

Global Rank

#1,364 / 8,603 ▼ 21 · as of Mar 2026

Top Industry

Consumer Electronics 21.7%

3Y Alpha vs SPY

-4.0%

Period ended 3 months ago

Filed May 7, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+61.5%

SPY

+76.5%

Annualised alpha

-3.5%

Max drawdown

−18.7%

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

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

Top Position

17.0%

−0.1 pts

Top 5

45.4%

+0.1 pts

Top 10

58.7%

−1.7 pts

HHI

590

Diversified−9

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	27.3%	$424,871,157	121
Unclassified	21.5%	$334,052,251	30
Financial Services	13.6%	$211,171,853	174
Consumer Cyclical	8.7%	$135,198,850	62
Consumer Defensive	6.7%	$104,248,163	34
Communication Services	6.3%	$97,674,736	27
Healthcare	5.2%	$81,123,263	79
Basic Materials	5.0%	$78,372,138	66
Industrials	3.5%	$54,547,705	111
Energy	1.8%	$27,501,113	41
Utilities	0.2%	$3,680,302	23
Real Estate	0.2%	$3,240,416	21

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GRO	Brazil Potash Corp.	+239,936	347,435	$1,125,689
GPUS	Hyperscale Data, Inc.	+95,000	125,000	$18,750
USAS	Americas Gold & Silver Corp	+81,494	811,045	$4,233,654
MUC	Blackrock Muniholdings California Quality Fund, Inc.	+81,115	307,635	$3,199,404
IAG	Iamgold Corp	+50,700	110,998	$2,088,982
NOK	Nokia Corp	+50,500	50,664	$407,338
HL	Hecla Mining Co/De/	+36,701	285,245	$5,314,114
VG	Venture Global, Inc.	+35,000	49,730	$783,744
QSI	Quantum-Si Inc	+30,111	40,111	$31,045
SOC	Sable Offshore Corp.	+23,612	79,079	$1,306,385
MYI	Blackrock Muniyield Quality Fund III, Inc.	+23,380	46,276	$486,360
MQY	Blackrock Muniyield Quality Fund, Inc.	+19,781	26,511	$291,090
WMT	Walmart Inc.	+18,811	38,733	$4,813,737
GLW	Corning Inc /Ny	+16,999	26,651	$3,623,736
NEM	NEWMONT Corp /DE/	+15,899	74,846	$8,102,079
VIAV	Viavi Solutions Inc.	+9,039	9,097	$302,748
JNJ	Johnson & Johnson	+8,921	15,204	$3,716,465
MU	Micron Technology Inc	+7,145	8,418	$2,843,937
ACHR	Archer Aviation Inc.	+6,863	39,913	$206,350
BMNR	Bitmine Immersion Technologies, Inc.	+4,539	7,084	$140,121
GFI	Gold Fields Ltd	+3,900	10,174	$461,899
PDX	PIMCO Dynamic Income Strategy Fund	+3,188	484,764	$10,693,893
SMCI	Super Micro Computer, Inc.	+3,155	3,322	$75,641
AA	Alcoa Corp	+3,030	131,995	$8,755,228
HWM	Howmet Aerospace Inc.	+2,839	9,280	$2,138,668
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GLD	Spdr Gold Trust	−75,448	98,695	$42,467,471
BANC	Banc Of California, Inc.	−22,184	95,116	$1,672,139
TTMI	Ttm Technologies Inc	−16,517	7	$681
PSLV	Sprott Physical Silver Trust	−15,656	1,377,394	$33,594,639
PLTR	Palantir Technologies Inc.	−15,068	35,215	$5,151,250
PM	Philip Morris International Inc.	−14,816	108,317	$17,909,132
NVDA	Nvidia Corp	−13,564	72,562	$12,654,812
APH	Amphenol Corp /De/	−11,833	428	$54,077
ATOM	Atomera Inc	−9,347	597,199	$2,275,328
GOOGL	Alphabet Inc.	−8,296	318,204	$91,502,742
LRCX	Lam Research Corp	−6,910	5,837	$1,247,133
QBTS	D-Wave Quantum Inc.	−5,885	15	$216
AVGO	Broadcom Inc.	−5,716	11,520	$3,565,555
AAPL	Apple Inc.	−5,324	1,043,297	$264,778,345
EOSE	Eos Energy Enterprises, Inc.	−5,265	7,735	$38,365
JPM	Jpmorgan Chase & Co	−4,984	63,166	$18,580,910
RDDT	Reddit, Inc.	−4,765	19	$2,558
AEIS	Advanced Energy Industries Inc	−4,403	1,139	$367,566
SLV	iShares Silver Trust	−4,021	6,403	$436,300
STX	Seagate Technology Holdings plc	−3,718	846	$331,428
CSWC	Capital Southwest Corp	−3,438	3,998	$88,435
CRCL	Circle Internet Group, Inc.	−3,081	419	$39,976
LSCC	Lattice Semiconductor Corp	−3,001	70	$6,493
RBLX	Roblox Corp	−2,920	2,087	$118,040
PANW	Palo Alto Networks Inc	−2,650	18,088	$2,899,868
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
NXT	Nextpower Inc.	5,658	$682,071
AAOI	Applied Optoelectronics, Inc.	2,460	$208,091
WRD	WeRide Inc.	18,850	$152,496
DFTX	Definium Therapeutics, Inc.	7,386	$139,595
ARM	Arm Holdings PLC /Uk	890	$134,639
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	7,228	$116,153
SOFI	SoFi Technologies, Inc.	4,616	$73,302
MUA	Blackrock Muniassets Fund, Inc.	4,947	$52,487
CRS	Carpenter Technology Corp	132	$52,027
UPST	Upstart Holdings, Inc.	2,000	$51,300
NTLA	Intellia Therapeutics, Inc.	3,828	$49,074
FIX	Comfort Systems USA Inc	35	$48,264
ATAT	Atour Lifestyle Holdings Ltd	1,239	$45,607
AMKR	Amkor Technology, Inc.	1,000	$45,030
CAR	Avis Budget Group, Inc.	300	$43,755
BTDR	Bitdeer Technologies Group	5,000	$43,250
BEAM	Beam Therapeutics Inc.	1,807	$43,060
GH	Guardant Health, Inc.	445	$41,104
BBAI	BigBear.ai Holdings, Inc.	11,655	$41,025
ROAD	Construction Partners, Inc.	353	$39,225
HYMC	Hycroft Mining Holding Corp	1,000	$35,200
ECL	Ecolab Inc.	132	$35,114
ALGN	Align Technology Inc	200	$34,286
COHU	Cohu Inc	1,000	$30,620
CENX	Century Aluminum Co	500	$29,345
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
APP	AppLovin Corp	1,704	$1,148,189
GMAB	Genmab A/S	30,931	$952,674
ENS	EnerSys	1,590	$233,332
MKSI	Mks Inc	1,426	$227,874
TSEM	Tower Semiconductor Ltd	1,912	$224,507
MPWR	Monolithic Power Systems Inc	245	$222,058
SMTC	Semtech Corp	3,001	$221,143
MTSI	MACOM Technology Solutions Holdings, Inc.	1,284	$219,923
VISN	Vistance Networks, Inc.	11,887	$215,511
SANM	Sanmina Corp	1,423	$213,549
WCC	Wesco International Inc	869	$212,592
AXON	Axon Enterprise, Inc.	300	$170,379
DECK	Deckers Outdoor Corp	1,442	$149,492
MIRM	Mirum Pharmaceuticals, Inc.	1,888	$149,133
BXMX	Nuveen S&P 500 BuyWrite Income Fund	8,609	$126,552
MDB	MongoDB, Inc.	275	$115,414
SMG	Scotts Miracle-Gro Co	1,750	$102,112
RH	Rh	500	$89,575
ABNB	Airbnb, Inc.	400	$54,288
AFRM	Affirm Holdings, Inc.	700	$52,101
HUBS	Hubspot Inc	100	$40,130
DG	Dollar General Corp	300	$39,831
MRCY	Mercury Systems Inc	500	$36,505
NU	Nu Holdings Ltd.	2,000	$33,480
ICLR	Icon PLC	182	$33,164
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

789 positions · $1,555,681,947 total · as of Mar 31, 2026

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

Showing 1–50 of 789 positions by value · page 1 of 16

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	1,043,297	-5,324	$264,778,345	−7.1%	17.02%
SPY	Spdr S&P 500 ETF Trust	Reduced	266,748	-1,811	$173,476,894	−5.3%	11.15%
QQQ	Invesco Qqq Trust, Series 1	Added	183,946	+352	$106,169,952	−5.9%	6.82%
GOOGL	Alphabet Inc. Communication Services	Reduced	318,204	-8,296	$91,502,742	−10.5%	5.88%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	70,561	+2,198	$70,309,097	+19.3%	4.52%
MSFT	Microsoft Corp Technology	Reduced	148,450	-2,497	$54,951,736	−24.7%	3.53%
GLD	Spdr Gold Trust	Reduced	98,695	-75,448	$42,467,471	−38.5%	2.73%
UNH	Unitedhealth Group Inc Healthcare	Added	135,849	+200	$36,759,380	−17.9%	2.36%
UPS	United Parcel Service Inc Industrials	Held	368,672	0	$36,269,951	−0.8%	2.33%
MA	Mastercard Inc Financial Services	Reduced	71,839	-5	$35,895,074	−12.5%	2.31%
PSLV	Sprott Physical Silver Trust Financial Services	Reduced	1,377,394	-15,656	$33,594,639	+2.0%	2.16%
HD	Home Depot, Inc. Consumer Cyclical	Added	101,665	+1	$33,436,601	−4.4%	2.15%
V	Visa Inc. Financial Services	Reduced	109,539	-145	$33,107,067	−13.9%	2.13%
TSLA	Tesla, Inc. Consumer Cyclical	Added	65,122	+404	$24,209,103	−16.8%	1.56%
CRM	Salesforce, Inc. Technology	Added	128,123	+200	$23,916,720	−29.4%	1.54%
AMAT	Applied Materials Inc /De Technology	Reduced	66,524	-745	$22,737,237	+31.5%	1.46%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	122,478	-241	$19,559,736	+3.8%	1.26%
CI	Cigna Group Healthcare	Held	71,834	0	$19,161,719	−3.1%	1.23%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	63,166	-4,984	$18,580,910	−15.4%	1.19%
ULTA	Ulta Beauty, Inc. Consumer Cyclical	Held	34,263	0	$17,909,612	−13.6%	1.15%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	108,317	-14,816	$17,909,132	−9.3%	1.15%
CEF	Sprott Physical Gold & Silver Trust Financial Services	Held	356,183	0	$16,997,052	+4.2%	1.09%
AMZN	Amazon Com Inc Consumer Cyclical	Added	74,000	+386	$15,411,980	−9.3%	0.99%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	30,161	-5	$14,453,151	−4.7%	0.93%
OKE	Oneok Inc /New/ Energy	Added	151,792	+344	$13,720,478	+23.3%	0.88%
NVDA	Nvidia Corp Technology	Reduced	72,562	-13,564	$12,654,812	−21.2%	0.81%
FNF	Fidelity National Financial, Inc. Financial Services	Reduced	260,943	-70	$12,102,536	−15.1%	0.78%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	55,348	-558	$11,234,537	+18.5%	0.72%
PDX	PIMCO Dynamic Income Strategy Fund Financial Services	Added	484,764	+3,188	$10,693,893	+18.2%	0.69%
AA	Alcoa Corp Basic Materials	Added	131,995	+3,030	$8,755,228	+27.8%	0.56%
SYK	Stryker Corp Healthcare	Added	25,438	+180	$8,358,672	−5.8%	0.54%
NEM	NEWMONT Corp /DE/ Basic Materials	Added	74,846	+15,899	$8,102,079	+37.7%	0.52%
AZO	Autozone Inc Consumer Cyclical	Held	2,156	0	$7,282,493	−0.4%	0.47%
AU	AngloGold Ashanti PLC Basic Materials	Reduced	68,959	-606	$6,713,848	+13.2%	0.43%
PAAS	Pan American Silver Corp Basic Materials	Reduced	120,675	-558	$6,592,475	+5.0%	0.42%
MCD	Mcdonalds Corp Consumer Cyclical	Held	18,715	0	$5,816,434	+1.7%	0.37%
CDE	Coeur Mining, Inc. Basic Materials	Added	307,190	+512	$5,765,956	+5.4%	0.37%
MO	Altria Group, Inc. Consumer Defensive	Added	85,841	+653	$5,664,647	+15.3%	0.36%
HL	Hecla Mining Co/De/ Basic Materials	Added	285,245	+36,701	$5,314,114	+11.4%	0.34%
BAC	Bank Of America Corp /De/ Financial Services	Added	108,904	+976	$5,309,070	−10.6%	0.34%
PLTR	Palantir Technologies Inc. Technology	Reduced	35,215	-15,068	$5,151,250	−42.4%	0.33%
WMT	Walmart Inc. Consumer Defensive	Added	38,733	+18,811	$4,813,737	+116.9%	0.31%
CCJ	Cameco Corp Energy	Added	43,111	+990	$4,682,285	+21.5%	0.30%
GEV	GE Vernova Inc. Industrials	Added	5,299	+1,026	$4,625,497	+65.6%	0.30%
LOW	Lowes Companies Inc Consumer Cyclical	Held	18,037	0	$4,261,782	−2.0%	0.27%
USAS	Americas Gold & Silver Corp Basic Materials	Added	811,045	+81,494	$4,233,654	+13.6%	0.27%
PPLT	abrdn Platinum ETF Trust	Reduced	231,738	-192	$4,130,266	−4.5%	0.27%
B	Barrick Mining Corp Basic Materials	Held	91,329	0	$3,725,309	−6.3%	0.24%
JNJ	Johnson & Johnson Healthcare	Added	15,204	+8,921	$3,716,465	+185.8%	0.24%
GLW	Corning Inc /Ny Technology	Added	26,651	+16,999	$3,623,736	+328.8%	0.23%