Newlands Management Operations LLC

CIK

1908450

Location

DALLAS, TX

Portfolio Value

Large $15,428,053,089

Diversification

Moderately concentrated

Filing Date

Global Rank

#315 / 8,603 ▼ 34 · as of Mar 2026

Top Industry

Internet Content & Information 47.9%

3Y Alpha vs SPY

+5.4%

Period ended 3 months ago

Filed May 15, 2026 · 55d

14 quarters · since Dec 2022

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

+103.2%

SPY

+76.5%

Annualised alpha

+5.8%

Max drawdown

−30.0%

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

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

Top Position

36.3%

+2.9 pts

Top 5

76.7%

+2.2 pts

Top 10

97.4%

+2.2 pts

HHI

1,837

Moderately concentrated+162

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Communication Services	52.1%	$8,035,199,873	3
Consumer Cyclical	27.3%	$4,213,296,447	5
Financial Services	12.8%	$1,976,986,787	3
Technology	7.8%	$1,202,262,490	3
Healthcare	0.0%	$307,492	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

No qualifying positions this quarter.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
MRNA	Moderna, Inc.	6,053	$307,492
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
WDAY	Workday, Inc.	1,363,667	$292,888,398
DOCU	Docusign, Inc.	2,922,708	$199,913,227
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

15 positions · $15,428,053,089 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Financial Services Healthcare Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
META	Meta Platforms, Inc. Communication Services	Held	9,797,414	0	$5,605,394,471	−13.3%	36.33%
GOOGL	Alphabet Inc. Communication Services	Held	6,207,074	0	$1,784,906,199	−8.1%	11.57%
HOOD	Robinhood Markets, Inc. Financial Services	Held	24,158,860	0	$1,674,208,998	−38.7%	10.85%
TSLA	Tesla, Inc. Consumer Cyclical	Held	3,766,106	0	$1,400,049,905	−17.3%	9.07%
AMZN	Amazon Com Inc Consumer Cyclical	Held	6,589,070	0	$1,372,305,608	−9.8%	8.89%
DASH	DoorDash, Inc. Consumer Cyclical	Held	7,068,299	0	$1,061,305,094	−33.7%	6.88%
SHOP	Shopify Inc. Technology	Held	6,325,050	0	$750,277,431	−26.3%	4.86%
NFLX	Netflix Inc Communication Services	Held	6,707,220	0	$644,899,203	+2.5%	4.18%
MSFT	Microsoft Corp Technology	Held	1,050,322	0	$388,797,694	−23.5%	2.52%
JD	JD.com, Inc. Consumer Cyclical	Held	11,693,590	0	$345,779,456	+3.0%	2.24%
SCHW	Schwab Charles Corp Financial Services	Held	3,196,166	0	$300,375,680	−5.9%	1.95%
AAPL	Apple Inc. Technology	Held	248,975	0	$63,187,365	−6.6%	0.41%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Held	269,858	0	$33,856,384	−14.4%	0.22%
COIN	Coinbase Global, Inc. Financial Services	Held	13,757	0	$2,402,109	−22.8%	0.02%
MRNA	Moderna, Inc. Healthcare	NEW	6,053	NEW	$307,492	NEW	0.00%