Connective Capital Management, LLC

Registered adviser

CIK

1543568

Location

PALO ALTO, CA

Portfolio Value

Small $141,902,195

Diversification

Diversified

Filing Date

Global Rank

#7,599 / 8,819 ▲ 28

Top Industry

Semiconductors 39.4%

Period ended 4 months ago

Filed Aug 13, 2026 · 3mo

15 quarters · since Dec 2022

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 161099

Roster of Oct 1, 2026

Regulatory AUM

$230,133,537

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

2 funds · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$230,133,537 gross assets

Private funds on Schedule D 7.B.(1)

As filed Mar 30, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$102,946,543 gross assets in 2 funds Hedge funds $102,946,543 (2)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
May 2026 to Oct 2026	$230,133,537	Pooled investment vehicles (100%)
Apr 2026	$312,526,482	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$100,324,625	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$102,946,543	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$182,527,327	Pooled investment vehicles (100%)
Apr 2023	$182,527,327	Pooled investment vehicles (100%)

4 earlier changes not shown.

Stated strategy

Fundamental active, Value, Growth, Long/short hedge Form ADV Part 2A, Apr 9, 2026 · original

In the firm's words

Fundamental active: We perform value-chain/competitive analyses, understand capital intensity/structure and, where possible, create a forecast model with detailed unit economics.
Value: We invest in undervalued or fairly-valued stocks with strong fundamentals.
Growth: The Firm attempts to identify mispriced stocks or undercovered companies in dynamic high growth sectors before other investors do.
Long/short hedge: Given the significant amount of new companies and existing names in the technology, clean energy and industrials sectors, there are generally many opportunities to profit on both the long and short sides of the portfolio.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 68.5% of the book (60%+)

Turnover

High turnover

126.2% over the last four quarters (100%+)

Horizon

Medium horizon

Value-weighted holding period 6.3 quarters (4 to under 12)

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 69.1%; sector active share 33.2% against the combined 13F book's sector weights.

Over time 15 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

69 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

25.2%

+8.2 pts

Top 5

48.5%

+8.7 pts

Top 10

68.5%

+9.9 pts

HHI

920

Diversified+322

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	38.2%	$54,215,522	8
Technology	35.8%	$50,855,082	22
Healthcare	7.3%	$10,341,203	9
Consumer Cyclical	6.7%	$9,574,150	6
Consumer Defensive	4.2%	$6,010,265	4
Communication Services	3.6%	$5,177,660	5
Industrials	1.4%	$1,948,083	7
Energy	1.3%	$1,910,893	1
Financial Services	0.5%	$768,970	2
Utilities	0.5%	$694,324	2
Basic Materials	0.3%	$406,043	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

13 positions

Ticker	Company	Δ Shares	Shares	Value
DOMH	Dominari Holdings Inc.	+128,994	243,223	$763,720
NVDA	Nvidia Corp	+27,440	29,025	$5,807,612
PCSA	Processa Pharmaceuticals, Inc.	+14,538	85,274	$163,726
AVGO	Broadcom Inc.	+14,185	15,089	$5,699,869
QQQ	Invesco Qqq Trust, Series 1	+12,850	48,645	$35,822,178
AMD	Advanced Micro Devices Inc	+10,979	12,189	$7,080,711
COST	Costco Wholesale Corp	+5,621	5,935	$5,552,014
ETHA	iShares Ethereum Trust ETF	+2,430	8,492	$100,969
DASH	DoorDash, Inc.	+1,490	31,569	$5,825,427
AMZN	Amazon Com Inc	+1,428	7,580	$1,806,617
META	Meta Platforms, Inc.	+1,204	3,122	$1,758,591
CEG	Constellation Energy Corp	+485	1,621	$402,607
GLD	Spdr Gold Trust	+307	1,825	$672,293
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
UMAC	Unusual Machines, Inc.	−50,259	58,701	$1,309,032
XBI	State Street(R) SPDR(R) S&P(R) Biotech ETF	−16,512	6,736	$1,065,972
QCOM	Qualcomm Inc	−7,074	27,957	$5,166,174
MELI	Mercadolibre Inc	−419	830	$1,408,833
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
TSM	Taiwan Semiconductor Manufacturing Co Ltd	13,191	$6,299,625
MRVL	Marvell Technology, Inc.	12,580	$3,747,456
GRRR	Gorilla Technology Group Inc.	24,268	$482,447
CXDO	Crexendo, Inc.	62,229	$464,850
ABAT	AMERICAN BATTERY TECHNOLOGY Co	148,524	$420,322
KOPN	Kopin Corp	90,635	$406,044
BKSY	BlackSky Technology Inc.	14,341	$400,400
LUNR	Intuitive Machines, Inc.	18,364	$392,805
SHAZ	SharonAI Holdings Inc.	4,323	$365,985
VELO	Velo3D, Inc.	19,659	$345,015
PYPD	PolyPid Ltd.	67,600	$343,408
INVE	INVE Technologies, Inc.	130,120	$327,902
PAYS	Paysign, Inc.	39,885	$326,658
WAVE	Eco Wave Power Global AB (publ)	32,234	$291,717
NNVC	Nanoviricides, Inc.	185,217	$255,599
OSS	One Stop Systems, Inc.	11,198	$203,579
ONCY	Oncolytics Biotech Inc	185,712	$176,426
DIN	Dine Brands Global, Inc.	4,686	$168,227
FIP	FTAI Infrastructure Inc.	36,057	$167,304
IPX	IPERIONX Ltd	5,367	$159,560
UAMY	United States Antimony Corp	19,984	$145,083
SNDL	SNDL Inc.	95,656	$129,135
SBMT	Silver Bow Mining Corp.	15,000	$101,400
CV	CapsoVision, Inc	9,961	$75,504
FLWS	1 800 Flowers Com Inc	18,482	$64,317
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
PANW	Palo Alto Networks Inc	29,650	$4,753,488
SHOP	Shopify Inc.	38,913	$4,615,860
MPWR	Monolithic Power Systems, Inc.	4,105	$4,488,201
KLAC	Kla Corp	2,948	$4,340,664
ARM	Arm Holdings PLC	28,652	$4,334,474
AMAT	Applied Materials Inc	12,349	$4,220,764
XOM	ExxonMobil Holdings Corp	23,739	$4,027,558
UNH	Unitedhealth Group Inc	7,829	$2,118,449
COP	Conocophillips	15,396	$2,032,272
HOOD	Robinhood Markets, Inc.	13,518	$936,797
VPG	Vishay Precision Group, Inc.	16,425	$713,173
XAR	State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF	2,480	$629,870
CBUS	Cibus, Inc.	279,000	$552,420
ERII	Energy Recovery, Inc.	49,026	$493,691
GRCE	Grace Therapeutics, Inc.	84,549	$391,461
ACTU	Actuate Therapeutics, Inc.	113,266	$310,348
ANGX	Angel Studios, Inc.	65,090	$198,524
EVTL	Vertical Aerospace Ltd.	71,000	$156,910
BEEP	Mobile Infrastructure Corp	68,696	$153,879
DEFT	Defi Technologies, Inc.	182,816	$101,097
FBTC	Fidelity Wise Origin Bitcoin Fund	1,556	$91,850
GMTL	Guardian Metal Resources PLC	5,000	$87,400
SNAL	Snail, Inc.	154,523	$78,961
OTLK	Outlook Therapeutics, Inc.	200,000	$41,200
ATXG	Addentax Group Corp.	5,558	$30,607
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

69 tracked positions · $141,902,195 total · filing declares 70 positions · $141,927,753 · as of Jun 30, 2026

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

Showing 1–50 of 69 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1	Added	48,645	+12,850	$35,822,178	+73.4%	6	$585.25	25.24%
QLD	ProShares Ultra QQQ	Held	105,918	0	$10,248,625	+58.6%	13	unpriced	7.22%
ISRG	Intuitive Surgical Inc Healthcare	Held	23,392	0	$9,302,530	−13.7%	10	$442.76	6.56%
AMD	Advanced Micro Devices Inc Technology	Added	12,189	+10,979	$7,080,711	+2776.6%	2	$390.49	4.99%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	NEW	13,191	NEW	$6,299,625	NEW	1	$405.79	4.44%
DASH	DoorDash, Inc. Consumer Cyclical	Added	31,569	+1,490	$5,825,427	+29.0%	2	$183.86	4.11%
NVDA	Nvidia Corp Technology	Added	29,025	+27,440	$5,807,612	+2001.0%	2	$204.40	4.09%
AVGO	Broadcom Inc. Technology	Added	15,089	+14,185	$5,699,869	+1937.1%	2	$396.65	4.02%
AAPL	Apple Inc. Technology	Held	19,379	0	$5,607,507	+14.0%	15	before history	3.95%
COST	Costco Wholesale Corp Consumer Defensive	Added	5,935	+5,621	$5,552,014	+1674.5%	2	$995.21	3.91%
MSFT	Microsoft Corp Technology	Held	14,354	0	$5,354,329	+0.8%	15	before history	3.77%
IWO	iShares Russell 2000 Growth ETF	Held	13,453	0	$5,299,943	+25.5%	15	before history	3.73%
QCOM	Qualcomm Inc Technology	Reduced	27,957	-7,074	$5,166,174	+14.5%	2	$145.96	3.64%
MRVL	Marvell Technology, Inc. Technology	NEW	12,580	NEW	$3,747,456	NEW	1	$200.51	2.64%
GOOGL	Alphabet Inc. Communication Services	Held	6,689	0	$2,390,447	+24.3%	2	$314.21	1.68%
CCJ	Cameco Corp Energy	Held	18,760	0	$1,910,893	−6.2%	11	$44.19	1.35%
AMZN	Amazon Com Inc Consumer Cyclical	Added	7,580	+1,428	$1,806,617	+41.0%	14	$159.01	1.27%
META	Meta Platforms, Inc. Communication Services	Added	3,122	+1,204	$1,758,591	+60.3%	9	$572.81	1.24%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	830	-419	$1,408,833	−34.8%	15	before history	0.99%
UMAC	Unusual Machines, Inc. Technology	Reduced	58,701	-50,259	$1,309,032	−3.1%	5	$12.64	0.92%
XBI	State Street(R) SPDR(R) S&P(R) Biotech ETF	Reduced	6,736	-16,512	$1,065,972	−64.1%	3	$121.33	0.75%
MU	Micron Technology Inc Technology	Held	683	0	$788,380	+241.7%	2	$391.72	0.56%
DOMH	Dominari Holdings Inc. Financial Services	Added	243,223	+128,994	$763,720	+105.7%	5	$4.04	0.54%
GLD	Spdr Gold Trust	Added	1,825	+307	$672,293	+2.9%	3	$387.35	0.47%
SNPS	Synopsys Inc Technology	Held	1,383	0	$616,914	+12.5%	4	$565.30	0.43%
GDX	VanEck Gold Miners ETF	Held	8,043	0	$606,844	−17.8%	3	$83.20	0.43%
LRCX	Lam Research Corp Technology	Held	1,256	0	$544,262	+102.8%	2	$223.59	0.38%
GRRR	Gorilla Technology Group Inc. Technology	NEW	24,268	NEW	$482,447	NEW	1	$15.04	0.34%
CXDO	Crexendo, Inc. Communication Services	NEW	62,229	NEW	$464,850	NEW	1	$7.82	0.33%
CSCO	Cisco Systems, Inc. Technology	Held	3,705	0	$435,189	+51.4%	2	$78.28	0.31%
ABAT	AMERICAN BATTERY TECHNOLOGY Co Industrials	NEW	148,524	NEW	$420,322	NEW	1	$3.20	0.30%
KOPN	Kopin Corp Technology	NEW	90,635	NEW	$406,044	NEW	1	$4.36	0.29%
CEG	Constellation Energy Corp Utilities	Added	1,621	+485	$402,607	+26.9%	3	$330.43	0.28%
BKSY	BlackSky Technology Inc. Industrials	NEW	14,341	NEW	$400,400	NEW	1	$36.13	0.28%
GDXJ	VanEck Junior Gold Miners ETF	Held	4,058	0	$398,698	−18.2%	3	$103.37	0.28%
LUNR	Intuitive Machines, Inc. Industrials	NEW	18,364	NEW	$392,805	NEW	1	$28.08	0.28%
SHAZ	SharonAI Holdings Inc. Technology	NEW	4,323	NEW	$365,985	NEW	1	$56.43	0.26%
VELO	Velo3D, Inc. Technology	NEW	19,659	NEW	$345,015	NEW	1	$17.33	0.24%
PYPD	PolyPid Ltd. Healthcare	NEW	67,600	NEW	$343,408	NEW	1	$4.61	0.24%
INVE	INVE Technologies, Inc. Industrials	NEW	130,120	NEW	$327,902	NEW	1	$4.02	0.23%
PAYS	Paysign, Inc. Technology	NEW	39,885	NEW	$326,658	NEW	1	$6.62	0.23%
GOOG	Alphabet Inc. Communication Services	Held	876	0	$309,517	+23.2%	2	$314.16	0.22%
TSLA	Tesla, Inc. Consumer Cyclical	Held	715	0	$300,729	+13.1%	2	$411.95	0.21%
WAVE	Eco Wave Power Global AB (publ) Utilities	NEW	32,234	NEW	$291,717	NEW	1	$7.89	0.21%
WMT	Walmart Inc. Consumer Defensive	Held	2,451	0	$277,600	−8.9%	2	$122.77	0.20%
NNVC	Nanoviricides, Inc. Healthcare	NEW	185,217	NEW	$255,599	NEW	1	$1.37	0.18%
NFLX	Netflix Inc Communication Services	Held	3,561	0	$254,255	−25.7%	6	$95.10	0.18%
PLTR	Palantir Technologies Inc. Technology	Held	2,004	0	$233,806	−20.2%	2	$152.90	0.16%
CODA	Coda Octopus Group, Inc. Industrials	Held	22,478	0	$219,610	−13.5%	2	$12.24	0.15%
OSS	One Stop Systems, Inc. Technology	NEW	11,198	NEW	$203,579	NEW	1	$13.92	0.14%

Showing the top 50 of 69 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.