Value Aligned Research Advisors, LLC

Registered adviser

CIK

1963565

Location

PRINCETON, NJ

Portfolio Value

Large $40,111,386,021

Diversification

Diversified

Filing Date

Global Rank

#211 / 8,807 ▲ 71

Top Industry

Semiconductors 33.4%

Period ended 4 months ago

Filed Aug 17, 2026 · 2mo

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 319135

Roster of Oct 1, 2026

Regulatory AUM

$9,139,631,624

Main clients

Pooled investment vehicles (57% of AUM)

Private funds

1 fund · Hedge funds

$5,189,964,815 gross assets

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 56.3%, 22.4 effective positions, active share 80.5% against the Nasdaq-100 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

72.0% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 5.0 quarters (4 to under 12)

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 80.5%; sector active share 42.1% 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

72 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

620

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	5
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
Unclassified	0.0%	$15,330,681	1
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

24 positions

Ticker	Company	Δ Shares	Shares	Value
INTC	Intel Corp	+5,841,959	6,345,700	$886,050,091
WULF	Terawulf Inc.	+4,414,903	12,263,135	$302,899,434
IREN	IREN Ltd	+3,699,720	8,467,327	$387,210,863
CRWV	CoreWeave, Inc.	+2,605,347	10,886,110	$1,083,603,389
AMZN	Amazon Com Inc	+1,620,643	1,625,565	$387,437,162
CORZ	Core Scientific, Inc./tx	+1,468,835	9,187,797	$235,115,725
BTDR	Bitdeer Technologies Group	+1,157,551	5,203,764	$82,583,734
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+1,006,800	1,007,480	$481,142,223
BE	Bloom Energy Corp	+1,000,448	5,585,179	$1,690,633,683
MU	Micron Technology Inc	+514,199	733,007	$846,102,650
EQT	EQT Corp	+426,906	4,614,894	$245,373,913
LGN	Legence Corp.	+384,009	692,150	$58,991,944
GOOGL	Alphabet Inc.	+358,800	370,302	$132,334,825
AVGO	Broadcom Inc.	+358,700	407,611	$153,975,055
BKV	BKV Corp	+356,848	679,899	$18,602,036
AAOI	Applied Optoelectronics, Inc.	+327,186	1,595,124	$236,333,571
FTAI	FTAI Aviation Ltd.	+322,367	1,393,259	$376,918,357
NBIS	Nebius Group N.V.	+290,671	6,104,121	$1,685,775,096
SNDK	Sandisk Corp	+206,583	311,782	$708,908,086
EME	EMCOR Group, Inc.	+126,439	349,960	$290,424,804
CIFR	Cipher Digital Inc.	+123,787	11,125,393	$272,572,128
ACMR	ACM Research, Inc.	+98,022	1,053,949	$133,735,588
CLS	Celestica Inc	+84,908	1,576,402	$575,071,449
FIX	Comfort Systems USA Inc	+29,970	243,607	$482,816,893
No positions match the current search.

Trimmed

Positions the filer reduced

16 positions

Ticker	Company	Δ Shares	Shares	Value
KEEL	Keel Infrastructure Corp.	−2,660,761	5,154,360	$29,586,026
RIOT	Riot Platforms, Inc.	−1,886,374	3,290,544	$90,095,094
HUT	Hut 8 Corp.	−1,442,224	1,440,342	$166,280,282
APLD	Applied Digital Corp.	−1,122,281	5,546,030	$206,866,919
LRCX	Lam Research Corp	−978,959	121,597	$52,691,628
COHR	Coherent Corp.	−966,009	319,191	$125,911,273
AMAT	Applied Materials Inc /De	−662,113	69,591	$50,314,293
VRT	Vertiv Holdings Co	−502,062	1,437,807	$481,406,539
TAC	Transalta Corp	−456,366	2,139,907	$29,594,913
LITE	Lumentum Holdings Inc.	−322,573	734,687	$630,405,527
WDC	Western Digital Corp	−307,010	988,429	$631,329,370
STX	Seagate Technology Holdings plc	−205,300	709,357	$684,529,505
TSSI	TSS, Inc.	−199,012	261,498	$3,216,425
NVDA	Nvidia Corp	−52,927	800,769	$160,225,869
TLN	Talen Energy Corp	−51,987	17,716	$6,807,550
STRL	Sterling Infrastructure, Inc.	−16,112	73,360	$61,575,449
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	1,905,515	$193,409,772
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
AMD	Advanced Micro Devices Inc	155,600	$90,389,596
FRVO	Fervo Energy Co	2,160,607	$63,154,542
INIO	Innio N.V.	1,355,362	$53,604,567
BW	Babcock & Wilcox Enterprises, Inc.	2,238,024	$31,556,138
EROC	ERock, Inc.	1,345,920	$19,515,840
FRMI	Fermi Inc.	1,367,995	$12,530,834
META	Meta Platforms, Inc.	124	$69,847
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
FCX	Freeport-Mcmoran Inc	4,421,462	$259,893,536
KLAC	Kla Corp	143,401	$211,145,066
SNOW	Snowflake Inc.	481,340	$72,595,698
SEI	Solaris Energy Infrastructure, Inc.	896,985	$50,688,622
TSEM	Tower Semiconductor Ltd	270,441	$47,456,986
LBRT	Liberty Energy Inc.	1,264,006	$36,403,372
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

72 tracked positions · $40,111,386,021 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 72 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%	12.68%
GOOGL	Alphabet Inc. CALL + SHARES Communication Services	Added	13,404,402	+5,387,400	$4,790,331,142	+107.8%	11.94%
AMZN	Amazon Com Inc PUT CALL + SHARES Consumer Cyclical	Added	19,896,865	+9,911,543	$4,742,218,804	+128.0%	11.82%
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%	4.40%
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%	2.19%
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%	0.92%
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%

Showing the top 50 of 72 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.