Value Aligned Research Advisors, LLC

CIK

1963565

Location

PRINCETON, NJ

Portfolio Value

Large $40,096,055,340

Diversification

Diversified

Filing Date

Global Rank

#198 / 8,651 ▲ 68

Top Industry

Semiconductors 33.4%

3Y Alpha vs SPY

+108.5%

Period ended 2 months ago

Filed Aug 17, 2026 · 12d

15 quarters · since Dec 2022

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Not a measure of this manager's performance. Most of Value Aligned Research Advisors, LLC's reported book is option positions, which a stock-only clone cannot replicate. The figures below are the return of the 78% that is ordinary stock — as little as 41% in one quarter — so a manager whose options thesis lost money can still show a large gain here.

Cloned portfolio

+1059.9%

SPY

+71.7%

Annualised alpha

+106.6%

Max drawdown

−48.8%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Captured split ratios restate closes onto one basis; only an unusable ratio can exclude earlier closes for that listing. It tracks 78% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

12.7%

−3.6 pts

Top 5

46.8%

−1.8 pts

Top 10

66.8%

+2.6 pts

HHI

621

Diversified−34

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	55.5%	$22,271,389,320	36
Communication Services	17.4%	$6,971,761,529	4
Consumer Cyclical	11.8%	$4,742,218,804	1
Industrials	10.7%	$4,283,864,682	13
Financial Services	2.8%	$1,126,808,610	4
Energy	0.8%	$337,828,459	3
Basic Materials	0.5%	$201,700,808	1
Utilities	0.4%	$147,952,294	7
Real Estate	0.0%	$12,530,834	1

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
AMZN	Amazon Com Inc	+9,911,543	19,896,865	$4,742,218,804
CRWV	CoreWeave, Inc.	+6,979,247	16,763,510	$1,668,639,785
NVDA	Nvidia Corp	+6,135,773	25,425,169	$5,087,322,065
WULF	Terawulf Inc.	+5,942,103	15,017,335	$370,928,174
GOOGL	Alphabet Inc.	+5,387,400	13,409,187	$4,792,021,826
IREN	IREN Ltd	+4,421,420	9,811,327	$448,671,983
CORZ	Core Scientific, Inc./tx	+1,685,635	9,404,597	$240,663,637
ZM	Zoom Communications, Inc.	+1,499,000	2,600,700	$224,466,417
AVGO	Broadcom Inc.	+1,252,600	2,508,311	$947,514,480
BTDR	Bitdeer Technologies Group	+1,157,551	5,203,964	$82,586,908
MSFT	Microsoft Corp	+1,021,500	1,475,174	$550,269,405
BE	Bloom Energy Corp	+1,018,748	5,620,779	$1,701,409,803
MU	Micron Technology Inc	+754,899	1,737,707	$2,005,817,813
NBIS	Nebius Group N.V.	+700,171	6,941,621	$1,917,067,471
AMD	Advanced Micro Devices Inc	+613,000	1,376,000	$799,332,160
EQT	EQT Corp	+503,206	5,999,794	$319,009,046
LGN	Legence Corp.	+384,009	692,150	$58,991,944
FTAI	FTAI Aviation Ltd.	+367,367	1,488,559	$402,699,866
BKV	BKV Corp	+356,848	679,899	$18,602,036
AAOI	Applied Optoelectronics, Inc.	+327,186	1,620,624	$240,111,651
CLS	Celestica Inc	+235,308	1,740,302	$634,862,169
SNDK	Sandisk Corp	+225,783	387,082	$880,119,955
CIFR	Cipher Digital Inc.	+193,687	11,644,793	$285,297,428
ORCL	Oracle Corp	+166,100	2,632,778	$385,833,615
EME	EMCOR Group, Inc.	+126,439	349,960	$290,424,804
No positions match the current search.

Trimmed

Positions the filer reduced

22 positions

Ticker	Company	Δ Shares	Shares	Value
FCX	Freeport-Mcmoran Inc	−2,956,562	3,207,200	$201,700,808
KEEL	Keel Infrastructure Corp.	−2,660,761	5,282,160	$30,319,598
HUT	Hut 8 Corp.	−1,442,224	1,669,442	$192,728,731
LBRT	Liberty Energy Inc.	−1,264,006	8,300	$217,377
LRCX	Lam Research Corp	−1,000,859	306,297	$132,727,679
RIOT	Riot Platforms, Inc.	−995,774	4,181,144	$114,479,722
COHR	Coherent Corp.	−966,009	326,491	$128,790,904
AMAT	Applied Materials Inc /De	−662,113	221,091	$159,848,793
INTC	Intel Corp	−503,741	12,653,400	$1,766,794,242
SNOW	Snowflake Inc.	−481,340	132,800	$33,797,600
TAC	Transalta Corp	−456,366	2,139,907	$29,594,913
APLD	Applied Digital Corp.	−339,081	6,593,430	$245,934,939
LITE	Lumentum Holdings Inc.	−315,173	742,087	$636,755,171
WDC	Western Digital Corp	−307,010	988,429	$631,329,370
TSEM	Tower Semiconductor Ltd	−270,441	39,200	$10,217,088
STX	Seagate Technology Holdings plc	−205,300	709,457	$684,626,005
TSSI	TSS, Inc.	−199,012	261,498	$3,216,425
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−130,600	4,504,180	$2,151,061,242
VRT	Vertiv Holdings Co	−70,762	2,409,207	$806,650,687
TLN	Talen Energy Corp	−51,987	17,716	$6,807,550
STRL	Sterling Infrastructure, Inc.	−16,112	73,360	$61,575,449
CEG	Constellation Energy Corp	−13,200	68,700	$17,063,019
No positions match the current search.

New Positions

Positions the filer opened this quarter

12 positions

Ticker	Company	Shares	Value
CBRS	Cerebras Systems Inc.	1,094,722	$241,933,562
ECHO	EchoStar CORP	2,033,915	$206,442,372
FPS	Forgent Power Solutions, Inc.	3,158,622	$176,440,624
SPCX	Space Exploration Technologies Corp	589,723	$100,760,071
CRDO	Credo Technology Group Holding Ltd	337,998	$91,918,556
FRVO	Fervo Energy Co	2,160,607	$63,154,542
META	Meta Platforms, Inc.	99,824	$56,229,860
INIO	Innio N.V.	1,355,362	$53,604,567
BW	Babcock & Wilcox Enterprises, Inc.	2,386,824	$33,654,218
EROC	ERock, Inc.	1,345,920	$19,515,840
FRMI	Fermi Inc.	1,367,995	$12,530,834
GTLB	Gitlab Inc.	7,800	$238,134
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
SEI	Solaris Energy Infrastructure, Inc.	896,985	$50,688,622
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

70 tracked positions · $40,096,055,340 total · filing declares 123 positions · $40,111,386,090 · as of Jun 30, 2026

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

Showing 1–50 of 70 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp PUT CALL + SHARES Technology	Added	25,425,169	+6,135,773	$5,087,322,065	+51.2%	12.69%
GOOGL	Alphabet Inc. CALL + SHARES Communication Services	Added	13,409,187	+5,387,400	$4,792,021,826	+107.7%	11.95%
AMZN	Amazon Com Inc PUT CALL + SHARES Consumer Cyclical	Added	19,896,865	+9,911,543	$4,742,218,804	+128.0%	11.83%
TSM	Taiwan Semiconductor Manufacturing Co Ltd PUT CALL + SHARES Technology	Reduced	4,504,180	-130,600	$2,151,061,242	+37.3%	5.36%
MU	Micron Technology Inc CALL + SHARES Technology	Added	1,737,707	+754,899	$2,005,817,813	+504.1%	5.00%
NBIS	Nebius Group N.V. CALL + SHARES Communication Services	Added	6,941,621	+700,171	$1,917,067,471	+196.0%	4.78%
INTC	Intel Corp CALL + SHARES Technology	Reduced	12,653,400	-503,741	$1,766,794,242	+204.3%	4.41%
BE	Bloom Energy Corp CALL + SHARES Industrials	Added	5,620,779	+1,018,748	$1,701,409,803	+172.9%	4.24%
CRWV	CoreWeave, Inc. PUT CALL + SHARES Technology	Added	16,763,510	+6,979,247	$1,668,639,785	+120.1%	4.16%
AVGO	Broadcom Inc. PUT CALL + SHARES Technology	Added	2,508,311	+1,252,600	$947,514,480	+143.8%	2.36%
SNDK	Sandisk Corp CALL + SHARES Technology	Added	387,082	+225,783	$880,119,955	+758.8%	2.20%
VRT	Vertiv Holdings Co PUT CALL + SHARES Industrials	Reduced	2,409,207	-70,762	$806,650,687	+29.8%	2.01%
AMD	Advanced Micro Devices Inc PUT CALL + SHARES Technology	Added	1,376,000	+613,000	$799,332,160	+415.0%	1.99%
ASML	Asml Holding NV CALL + SHARES Technology	Added	391,148	+111,900	$778,165,437	+111.0%	1.94%
STX	Seagate Technology Holdings plc CALL + SHARES Technology	Reduced	709,457	-205,300	$684,626,005	+91.0%	1.71%
LITE	Lumentum Holdings Inc. CALL + SHARES Technology	Reduced	742,087	-315,173	$636,755,171	−14.3%	1.59%
CLS	Celestica Inc CALL + SHARES Technology	Added	1,740,302	+235,308	$634,862,169	+49.8%	1.58%
WDC	Western Digital Corp Technology	Reduced	988,429	-307,010	$631,329,370	+80.2%	1.57%
MSFT	Microsoft Corp PUT CALL + SHARES Technology	Added	1,475,174	+1,021,500	$550,269,405	+227.7%	1.37%
FIX	Comfort Systems USA Inc Industrials	Added	243,607	+29,970	$482,816,893	+63.9%	1.20%
IREN	IREN Ltd CALL + SHARES Financial Services	Added	9,811,327	+4,421,420	$448,671,983	+142.8%	1.12%
FTAI	FTAI Aviation Ltd. CALL + SHARES Industrials	Added	1,488,559	+367,367	$402,699,866	+46.6%	1.00%
ORCL	Oracle Corp PUT CALL + SHARES Technology	Added	2,632,778	+166,100	$385,833,615	+6.3%	0.96%
WULF	Terawulf Inc. CALL + SHARES Financial Services	Added	15,017,335	+5,942,103	$370,928,174	+183.2%	0.93%
EQT	EQT Corp CALL + SHARES Energy	Added	5,999,794	+503,206	$319,009,046	−8.8%	0.80%
EME	EMCOR Group, Inc. Industrials	Added	349,960	+126,439	$290,424,804	+76.0%	0.72%
CIFR	Cipher Digital Inc. CALL + SHARES Technology	Added	11,644,793	+193,687	$285,297,428	+93.6%	0.71%
ALAB	Astera Labs, Inc. Technology	Held	568,316	0	$274,507,994	+340.7%	0.68%
APLD	Applied Digital Corp. CALL + SHARES Technology	Reduced	6,593,430	-339,081	$245,934,939	+49.4%	0.61%
CBRS	Cerebras Systems Inc. Technology	NEW	1,094,722	NEW	$241,933,562	NEW	0.60%
CORZ	Core Scientific, Inc./tx CALL + SHARES Technology	Added	9,404,597	+1,685,635	$240,663,637	+108.4%	0.60%
AAOI	Applied Optoelectronics, Inc. CALL + SHARES Technology	Added	1,620,624	+327,186	$240,111,651	+119.5%	0.60%
ZM	Zoom Communications, Inc. CALL Technology	Added	2,600,700	+1,499,000	$224,466,417	+153.4%	0.56%
ECHO	EchoStar CORP CALL + SHARES Communication Services	NEW	2,033,915	NEW	$206,442,372	NEW	0.51%
FCX	Freeport-Mcmoran Inc PUT CALL Basic Materials	Reduced	3,207,200	-2,956,562	$201,700,808	−44.3%	0.50%
HUT	Hut 8 Corp. CALL + SHARES Financial Services	Reduced	1,669,442	-1,442,224	$192,728,731	+32.0%	0.48%
FPS	Forgent Power Solutions, Inc. Industrials	NEW	3,158,622	NEW	$176,440,624	NEW	0.44%
AMAT	Applied Materials Inc /De CALL + SHARES Technology	Reduced	221,091	-662,113	$159,848,793	−47.0%	0.40%
ACMR	ACM Research, Inc. CALL + SHARES Technology	Added	1,054,049	+98,022	$133,748,277	+255.5%	0.33%
LRCX	Lam Research Corp CALL + SHARES Technology	Reduced	306,297	-1,000,859	$132,727,679	−52.5%	0.33%
COHR	Coherent Corp. CALL + SHARES Technology	Reduced	326,491	-966,009	$128,790,904	−58.2%	0.32%
RIOT	Riot Platforms, Inc. CALL + SHARES Financial Services	Reduced	4,181,144	-995,774	$114,479,722	+78.9%	0.29%
SPCX	Space Exploration Technologies Corp Industrials	NEW	589,723	NEW	$100,760,071	NEW	0.25%
GEV	GE Vernova Inc. PUT CALL + SHARES Industrials	Added	81,133	+1,100	$95,319,916	+36.4%	0.24%
CRDO	Credo Technology Group Holding Ltd Technology	NEW	337,998	NEW	$91,918,556	NEW	0.23%
BTDR	Bitdeer Technologies Group CALL + SHARES Technology	Added	5,203,964	+1,157,551	$82,586,908	+136.0%	0.21%
FRVO	Fervo Energy Co Utilities	NEW	2,160,607	NEW	$63,154,542	NEW	0.16%
STRL	Sterling Infrastructure, Inc. Industrials	Reduced	73,360	-16,112	$61,575,449	+69.0%	0.15%
LGN	Legence Corp. Industrials	Added	692,150	+384,009	$58,991,944	+239.1%	0.15%
META	Meta Platforms, Inc. PUT + SHARES Communication Services	NEW	99,824	NEW	$56,229,860	NEW	0.14%

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.