LYELL WEALTH MANAGEMENT, LP

CIK

1686444

Location

MENLO PARK, CA

Portfolio Value

Mid $1,663,208,560

Diversification

Diversified

Filing Date

Global Rank

#1,749 / 8,811 ▲ 39

Top Industry

Semiconductors 15.1%

Period ended 4 months ago

Filed Aug 5, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

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

Holder type

Unknown

Portfolio style

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

Style

Diversified active

Top 10 weight 44.3%, 32.3 effective positions, active share 57.6% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

11.0% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.8 quarters (12+), a floor since 56.1% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 57.6%; sector active share 19.0% against the combined 13F book's sector weights.

Over time 26 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.

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Portfolio Concentration

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

Top Position

9.3%

−0.5 pts

Top 5

30.7%

+2.7 pts

Top 10

44.3%

+4.2 pts

HHI

309

Diversified+19

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	37.1%	$617,434,878	40
Unclassified	16.1%	$268,088,453	75
Communication Services	12.8%	$212,357,979	8
Industrials	9.4%	$156,332,393	23
Financial Services	8.0%	$133,255,421	24
Consumer Cyclical	7.3%	$121,192,760	15
Healthcare	4.8%	$79,538,963	22
Consumer Defensive	2.8%	$45,999,105	6
Energy	0.8%	$13,625,576	13
Basic Materials	0.7%	$10,881,010	2
Real Estate	0.2%	$3,921,851	2
Utilities	0.0%	$580,171	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IBDZ	iShares iBonds Dec 2034 Term Corporate ETF	+52,500	181,335	$4,723,776
FCX	Freeport-Mcmoran Inc	+43,636	164,798	$10,364,146
IBDU	iShares iBonds Dec 2029 Term Corporate ETF	+42,320	546,943	$12,667,199
IBDT	iShares iBonds Dec 2028 Term Corporate ETF	+39,400	529,578	$13,371,844
IBDS	iShares iBonds Dec 2027 Term Corporate ETF	+36,130	592,813	$14,357,930
SCHF	Schwab International Equity ETF	+34,016	135,998	$3,767,144
IBDV	iShares iBonds Dec 2030 Term Corporate ETF	+24,600	492,598	$10,738,636
IBDY	iShares iBonds Dec 2033 Term Corporate ETF	+23,350	204,795	$5,272,447
IBDW	iShares iBonds Dec 2031 Term Corporate ETF	+20,225	369,802	$7,706,673
TJX	Tjx Companies Inc /De/	+17,217	72,050	$10,915,575
XBI	State Street(R) SPDR(R) S&P(R) Biotech ETF	+14,673	26,881	$4,253,918
SCHE	Schwab Emerging Markets Equity ETF	+13,945	53,885	$1,953,870
DELL	Dell Technologies Inc.	+10,645	37,835	$16,324,289
WM	Waste Management Inc	+8,403	55,561	$12,383,435
TSLA	Tesla, Inc.	+8,123	13,323	$5,603,653
IWF	iShares Russell 1000 Growth ETF	+7,425	10,100	$1,254,117
BALL	BALL Corp	+6,238	39,605	$2,471,352
AVGO	Broadcom Inc.	+6,166	46,015	$17,382,166
VO	VANGUARD MID-CAP INDEX FUND	+5,724	7,632	$614,910
TOL	Toll Brothers, Inc.	+5,606	105,787	$17,428,408
NDAQ	Nasdaq, Inc.	+5,555	37,450	$2,951,809
VUG	VANGUARD GROWTH INDEX FUND	+5,375	6,306	$543,198
MRK	Merck & Co., Inc.	+5,141	10,816	$1,389,856
WMT	Walmart Inc.	+4,068	129,683	$14,687,896
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+3,918	4,478	$535,210
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
IBDR	iShares iBonds Dec 2026 Term Corporate ETF	−115,878	350,401	$8,490,216
OWL	Blue Owl Capital Inc.	−63,029	662,107	$5,793,436
LEN	Lennar Corp /New/	−29,157	5,139	$465,028
OUNZ	VanEck Merk Gold ETF	−23,980	59,265	$2,287,036
HON	Honeywell International Inc	−23,418	27,617	$6,183,446
NOW	ServiceNow, Inc.	−22,637	91,809	$9,114,797
WDAY	Workday, Inc.	−13,047	16,125	$1,974,022
SLB	Slb Limited/Nv	−11,930	52,359	$2,434,169
VEEV	Veeva Systems Inc	−10,895	26,935	$4,780,154
TMUS	T-Mobile US, Inc.	−8,962	32,736	$5,490,809
ABT	Abbott Laboratories	−8,144	56,357	$5,113,834
AMD	Advanced Micro Devices Inc	−7,987	69,499	$40,372,664
VRT	Vertiv Holdings Co	−7,820	97,138	$32,523,745
INTU	Intuit Inc.	−6,994	21,838	$5,699,718
CRM	Salesforce, Inc.	−5,804	9,551	$1,496,259
SNOW	Snowflake Inc.	−5,776	57,775	$14,703,737
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	−4,224	39,708	$2,108,891
ICE	Intercontinental Exchange, Inc.	−3,948	16,824	$2,071,202
UBER	Uber Technologies, Inc	−3,756	192,912	$13,920,529
DLR	Digital Realty Trust, Inc.	−3,350	20,295	$3,644,576
DXCM	Dexcom Inc	−3,328	13,146	$885,383
NVDA	Nvidia Corp	−2,851	576,081	$115,268,047
COP	Conocophillips	−2,411	14,275	$1,484,029
DIS	Walt Disney Co	−2,306	31,340	$3,016,475
RSP	Victory Portfolios II	−2,227	14,773	$3,143,251
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
HONA	Honeywell Aerospace Inc.	27,617	$6,105,566
CRWD	CrowdStrike Holdings, Inc.	4,080	$3,113,611
CB	Chubb Ltd	6,446	$2,196,410
IBCA	iShares iBonds Dec 2035 Term Corporate ETF	42,150	$1,079,461
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	8,438	$1,004,037
CL	Colgate Palmolive Co	7,970	$730,689
DLN	WisdomTree U.S. LargeCap Dividend Fund	6,885	$663,163
LIN	Linde PLC	996	$516,864
FYC	First Trust Small Cap Growth AlphaDEX Fund	3,496	$445,180
XSVM	Victory Portfolios II	5,331	$370,984
EMR	Emerson Electric Co	2,377	$340,267
PEG	Public Service Enterprise Group Inc	4,048	$328,535
KLAC	Kla Corp	1,070	$322,829
SHEL	Shell plc	3,685	$285,734
STX	Seagate Technology Holdings plc	290	$279,850
QCOM	Qualcomm Inc/De	1,476	$272,750
REGL	ProShares S&P MidCap 400 Dividend Aristocrats ETF	2,866	$262,439
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	4,347	$259,472
MRVL	Marvell Technology, Inc.	844	$251,419
SDOG	ALPS Sector Dividend Dogs ETF	3,630	$247,638
FITB	Fifth Third Bancorp	3,925	$221,252
ADI	Analog Devices Inc	523	$207,719
NKX	Nuveen California Amt-Free Quality Municipal Income Fund	13,714	$171,836
MUC	Blackrock Muniholdings California Quality Fund, Inc.	12,848	$141,199
PMO	Franklin Municipal Opportunities Trust	11,531	$121,536
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
TTD	Trade Desk, Inc.	40,000	$907,600
NKE	NIKE, Inc.	9,038	$477,387
BR	Broadridge Financial Solutions, Inc.	2,297	$373,216
BMY	Bristol Myers Squibb Co	5,595	$339,336
TCOM	Trip.com Group Ltd	5,062	$252,036
FNDX	Schwab Fundamental U.S. Large Company ETF	7,888	$219,680
DJP		4,370	$210,371
BKMS		8,019	$204,604
IWV	iShares Russell 3000 ETF	900	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

232 tracked positions · $1,663,208,560 total · filing declares 232 positions · $1,629,682,361 · as of Jun 30, 2026

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

Showing 1–50 of 232 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	576,081	-2,851	$115,268,047	+14.2%	26+	before history	6.93%
GOOG	Alphabet Inc. Communication Services	Added	254,136	+1	$89,793,872	+23.2%	26+	before history	5.40%
APH	Amphenol Corp /De/ Technology	Added	190,149	+563	$67,054,143	+40.0%	21	unpriced	4.03%
GOOGL	Alphabet Inc. Communication Services	Added	183,316	+1,322	$65,511,638	+25.2%	26+	before history	3.94%
PANW	Palo Alto Networks Inc Technology	Added	173,721	+3,447	$59,242,335	+117.0%	26+	before history	3.56%
AAPL	Apple Inc. Technology	Added	185,015	+719	$53,535,940	+14.5%	26+	before history	3.22%
SMH	VanEck Semiconductor ETF	Reduced	76,152	-1,753	$49,947,335	+67.2%	26+	before history	3.00%
AMZN	Amazon Com Inc Consumer Cyclical	Added	177,700	+2,259	$42,353,018	+15.9%	26+	before history	2.55%
AMD	Advanced Micro Devices Inc Technology	Reduced	69,499	-7,987	$40,372,664	+156.1%	23	$112.79	2.43%
ASML	Asml Holding NV Technology	Reduced	19,930	-207	$39,649,537	+49.1%	23	$612.56	2.38%
CAT	Caterpillar Inc Industrials	Reduced	36,103	-891	$38,446,084	+46.7%	24	$226.33	2.31%
MSFT	Microsoft Corp Technology	Added	93,697	+1,210	$34,950,854	+2.1%	26+	before history	2.10%
JPM	Jpmorgan Chase & Co Financial Services	Added	103,574	+2,996	$33,902,877	+14.6%	26+	before history	2.04%
VRT	Vertiv Holdings Co Industrials	Reduced	97,138	-7,820	$32,523,745	+23.7%	8	$102.99	1.96%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	66,578	-1,401	$31,795,655	+38.4%	23	$128.22	1.91%
META	Meta Platforms, Inc. Communication Services	Added	56,248	+1,132	$31,683,935	+0.5%	26+	before history	1.90%
PWR	Quanta Services, Inc. Industrials	Reduced	39,309	-398	$28,304,052	+29.8%	7	$317.46	1.70%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	30,240	+366	$28,288,612	−5.0%	26+	before history	1.70%
MS	Morgan Stanley Financial Services	Added	111,062	+1,066	$23,216,400	+28.3%	23	$97.12	1.40%
DHI	Horton D R Inc /De/ Consumer Cyclical	Added	126,420	+35	$20,591,289	+18.7%	26+	before history	1.24%
CDNS	Cadence Design Systems Inc Technology	Added	52,693	+333	$19,776,736	+35.9%	23	$175.30	1.19%
SHOP	Shopify Inc. Technology	Added	167,421	+2,505	$19,116,129	−2.3%	26+	before history	1.15%
EXTR	Extreme Networks Inc Technology	Held	582,345	0	$18,850,507	+114.7%	26+	before history	1.13%
V	Visa Inc. Financial Services	Reduced	53,002	-197	$18,184,456	+13.1%	26+	before history	1.09%
TOL	Toll Brothers, Inc. Consumer Cyclical	Added	105,787	+5,606	$17,428,408	+27.5%	24	$129.78	1.05%
AVGO	Broadcom Inc. Technology	Added	46,015	+6,166	$17,382,166	+40.9%	22	$244.63	1.05%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	34,479	-67	$17,286,391	+1.8%	26+	before history	1.04%
HD	Home Depot, Inc. Consumer Cyclical	Added	47,689	+1,676	$16,818,956	+11.1%	26+	before history	1.01%
DELL	Dell Technologies Inc. Technology	Added	37,835	+10,645	$16,324,289	+265.8%	2	$177.12	0.98%
ISRG	Intuitive Surgical Inc Healthcare	Added	39,001	+1,809	$15,509,917	−9.5%	26+	before history	0.93%
NFLX	Netflix Inc Communication Services	Added	213,528	+2,781	$15,245,899	−24.8%	26+	before history	0.92%
SNOW	Snowflake Inc. Technology	Reduced	57,775	-5,776	$14,703,737	+53.4%	22	$204.66	0.88%
WMT	Walmart Inc. Consumer Defensive	Added	129,683	+4,068	$14,687,896	−5.9%	15	unpriced	0.88%
IBDS	iShares iBonds Dec 2027 Term Corporate ETF	Added	592,813	+36,130	$14,357,930	—	17	unpriced	0.86%
SPY	Spdr S&P 500 ETF Trust	Added	18,915	+86	$14,125,154	+15.4%	26+	before history	0.85%
UBER	Uber Technologies, Inc Technology	Reduced	192,912	-3,756	$13,920,529	−1.6%	9	$71.79	0.84%
NET	Cloudflare, Inc. Technology	Added	55,907	+1,873	$13,712,868	+23.0%	19	$116.85	0.82%
IBDT	iShares iBonds Dec 2028 Term Corporate ETF	Added	529,578	+39,400	$13,371,844	—	15	unpriced	0.80%
DE	Deere & Co Industrials	Added	20,668	+1,364	$13,110,332	+20.6%	23	$429.37	0.79%
GLD	Spdr Gold Trust	Reduced	34,889	-1,130	$12,852,409	−17.1%	26+	before history	0.77%
IBDU	iShares iBonds Dec 2029 Term Corporate ETF	Added	546,943	+42,320	$12,667,199	—	15	unpriced	0.76%
WM	Waste Management Inc Industrials	Added	55,561	+8,403	$12,383,435	+14.3%	2	$228.66	0.74%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	24,228	+150	$12,123,448	+5.1%	26+	before history	0.73%
IDXX	Idexx Laboratories Inc /De Healthcare	Added	22,660	+143	$11,929,130	−5.7%	26+	before history	0.72%
SYK	Stryker Corp Healthcare	Reduced	36,756	-209	$11,572,259	−4.7%	26+	before history	0.70%
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	Added	61,942	+1,239	$11,473,516	+16.9%	26+	before history	0.69%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	72,050	+17,217	$10,915,575	+24.7%	3	$154.65	0.66%
IBDV	iShares iBonds Dec 2030 Term Corporate ETF	Added	492,598	+24,600	$10,738,636	—	12	unpriced	0.65%
FCX	Freeport-Mcmoran Inc Basic Materials	Added	164,798	+43,636	$10,364,146	+45.5%	14	$47.57	0.62%
MA	Mastercard Inc Financial Services	Added	19,629	+115	$10,081,454	+3.4%	24	$420.29	0.61%

Showing the top 50 of 232 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.