Value Aligned Research Advisors, LLC

CIK

1963565

Location

PRINCETON, NJ

Portfolio Value

Large $20,478,989,940

Diversification

Diversified

Filing Date

Global Rank

#267 / 8,603 ▲ 161 · as of Mar 2026

Top Industry

Semiconductors 31.9%

3Y Alpha vs SPY

+30.9%

Period ended 3 months ago

Filed May 18, 2026 · 52d

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

+248.5%

SPY

+76.0%

Annualised alpha

+30.9%

Max drawdown

−51.5%

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

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

Top Position

16.4%

+3.6 pts

Top 5

49.2%

+11.7 pts

Top 10

64.9%

+6.5 pts

HHI

667

Diversified+175

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	58.1%	$11,900,268,880	33
Communication Services	14.4%	$2,952,981,947	2
Industrials	10.3%	$2,102,980,633	8
Consumer Cyclical	10.2%	$2,079,643,012	1
Financial Services	2.6%	$525,676,566	4
Energy	2.2%	$446,347,308	4
Basic Materials	1.8%	$362,305,930	1
Utilities	0.5%	$108,785,664	6

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	+12,514,937	19,289,396	$3,364,070,662
AMZN	Amazon Com Inc	+7,862,600	9,985,322	$2,079,643,012
GOOGL	Alphabet Inc.	+6,370,900	8,017,002	$2,305,369,095
CIFR	Cipher Digital Inc.	+4,003,611	11,451,106	$147,375,734
CRWV	CoreWeave, Inc.	+3,282,843	9,784,263	$757,986,854
NBIS	Nebius Group N.V.	+2,706,874	6,241,450	$647,612,852
EQT	EQT Corp	+2,305,288	5,496,588	$349,802,860
INTC	Intel Corp	+2,137,341	13,157,141	$580,624,632
IREN	IREN Ltd	+1,874,660	5,389,907	$184,766,011
ORCL	Oracle Corp	+1,730,269	2,466,678	$362,873,000
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+1,508,800	4,634,780	$1,566,323,901
APLD	Applied Digital Corp.	+1,288,961	6,932,511	$164,577,811
BE	Bloom Energy Corp	+1,108,183	4,602,031	$623,529,180
STX	Seagate Technology Holdings plc	+788,475	914,757	$358,365,202
BTDR	Bitdeer Technologies Group	+778,799	4,046,413	$35,001,472
LRCX	Lam Research Corp	+452,723	1,307,156	$279,286,950
CLS	Celestica Inc	+341,666	1,504,994	$423,926,709
HUT	Hut 8 Corp.	+323,150	3,111,666	$145,968,252
AMD	Advanced Micro Devices Inc	+320,700	763,000	$155,217,090
ASML	Asml Holding NV	+279,045	279,248	$368,839,135
SNOW	Snowflake Inc.	+252,516	614,140	$92,624,594
AMAT	Applied Materials Inc /De	+252,373	883,204	$301,870,295
BKV	BKV Corp	+130,756	323,051	$9,213,414
EME	EMCOR Group, Inc.	+112,413	223,521	$165,027,789
KLAC	Kla Corp	+110,915	161,701	$23,809,016
No positions match the current search.

Trimmed

Positions the filer reduced

14 positions

Ticker	Company	Δ Shares	Shares	Value
RIOT	Riot Platforms, Inc.	−4,447,229	5,176,918	$63,986,706
VST	Vistra Corp.	−697,807	159,500	$23,977,635
CORZ	Core Scientific, Inc./tx	−370,735	7,718,962	$115,475,671
CEG	Constellation Energy Corp	−266,677	81,900	$22,870,575
GEV	GE Vernova Inc.	−240,980	80,033	$69,860,805
AAPL	Apple Inc.	−208,600	55,400	$14,059,966
QCOM	Qualcomm Inc/De	−144,500	169,800	$21,866,844
NRG	Nrg Energy, Inc.	−135,486	3,100	$453,034
AVGO	Broadcom Inc.	−126,198	1,255,711	$388,655,111
LITE	Lumentum Holdings Inc.	−114,941	1,057,260	$743,000,037
VRT	Vertiv Holdings Co	−101,422	2,479,969	$621,430,632
TLN	Talen Energy Corp	−87,644	69,703	$22,251,288
SEI	Solaris Energy Infrastructure, Inc.	−78,954	896,985	$50,688,622
COHR	Coherent Corp.	−50,017	1,292,500	$307,886,425
No positions match the current search.

New Positions

Positions the filer opened this quarter

13 positions

Ticker	Company	Shares	Value
FCX	Freeport-Mcmoran Inc	6,163,762	$362,305,930
WDC	Western Digital Corp	1,295,439	$350,403,295
FTAI	FTAI Aviation Ltd.	1,121,192	$274,692,040
WULF	Terawulf Inc.	9,075,232	$130,955,597
AAOI	Applied Optoelectronics, Inc.	1,293,438	$109,411,920
SNDK	Sandisk Corp	161,299	$102,479,706
ZM	Zoom Communications, Inc.	1,101,700	$88,565,663
TSEM	Tower Semiconductor Ltd	309,641	$54,335,802
ACMR	ACM Research, Inc.	956,027	$37,619,662
LBRT	Liberty Energy Inc.	1,272,306	$36,642,412
STRL	Sterling Infrastructure, Inc.	89,472	$36,439,261
TAC	Transalta Corp	2,596,273	$34,011,176
KEEL	Keel Infrastructure Corp.	7,942,921	$15,488,695
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
AGX	Argan Inc	128,858	$40,373,788
GTLB	Gitlab Inc.	736,952	$27,657,808
GLXY	Galaxy Digital Inc.	1,061,151	$23,727,336
AAON	Aaon, Inc.	41,956	$3,199,145
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

59 positions · $20,478,989,940 total · as of Mar 31, 2026

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

Showing 1–50 of 59 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	19,289,396	+12,514,937	$3,364,070,662	+166.3%	16.43%
GOOGL	Alphabet Inc. Communication Services	Added	8,017,002	+6,370,900	$2,305,369,095	+347.4%	11.26%
AMZN	Amazon Com Inc Consumer Cyclical	Added	9,985,322	+7,862,600	$2,079,643,012	+324.4%	10.16%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	4,634,780	+1,508,800	$1,566,323,901	+64.9%	7.65%
CRWV	CoreWeave, Inc. Technology	Added	9,784,263	+3,282,843	$757,986,854	+62.8%	3.70%
LITE	Lumentum Holdings Inc. Technology	Reduced	1,057,260	-114,941	$743,000,037	+72.0%	3.63%
NBIS	Nebius Group N.V. Communication Services	Added	6,241,450	+2,706,874	$647,612,852	+118.9%	3.16%
BE	Bloom Energy Corp Industrials	Added	4,602,031	+1,108,183	$623,529,180	+105.4%	3.04%
VRT	Vertiv Holdings Co Industrials	Reduced	2,479,969	-101,422	$621,430,632	+48.6%	3.03%
INTC	Intel Corp Technology	Added	13,157,141	+2,137,341	$580,624,632	+42.8%	2.84%
CLS	Celestica Inc Technology	Added	1,504,994	+341,666	$423,926,709	+23.3%	2.07%
AVGO	Broadcom Inc. Technology	Reduced	1,255,711	-126,198	$388,655,111	−18.7%	1.90%
ASML	Asml Holding NV Technology	Added	279,248	+279,045	$368,839,135	+169730.3%	1.80%
ORCL	Oracle Corp Technology	Added	2,466,678	+1,730,269	$362,873,000	+152.8%	1.77%
FCX	Freeport-Mcmoran Inc Basic Materials	NEW	6,163,762	NEW	$362,305,930	NEW	1.77%
STX	Seagate Technology Holdings plc Technology	Added	914,757	+788,475	$358,365,202	+930.5%	1.75%
WDC	Western Digital Corp Technology	NEW	1,295,439	NEW	$350,403,295	NEW	1.71%
EQT	EQT Corp Energy	Added	5,496,588	+2,305,288	$349,802,860	+104.5%	1.71%
MU	Micron Technology Inc Technology	Held	982,808	0	$332,031,854	+18.4%	1.62%
COHR	Coherent Corp. Technology	Reduced	1,292,500	-50,017	$307,886,425	+24.3%	1.50%
AMAT	Applied Materials Inc /De Technology	Added	883,204	+252,373	$301,870,295	+86.2%	1.47%
FIX	Comfort Systems USA Inc Industrials	Added	213,637	+66,616	$294,603,286	+114.7%	1.44%
LRCX	Lam Research Corp Technology	Added	1,307,156	+452,723	$279,286,950	+90.9%	1.36%
FTAI	FTAI Aviation Ltd. Industrials	NEW	1,121,192	NEW	$274,692,040	NEW	1.34%
IREN	IREN Ltd Financial Services	Added	5,389,907	+1,874,660	$184,766,011	+39.2%	0.90%
MSFT	Microsoft Corp Technology	Added	453,674	+29,200	$167,936,504	−18.2%	0.82%
EME	EMCOR Group, Inc. Industrials	Added	223,521	+112,413	$165,027,789	+142.8%	0.81%
APLD	Applied Digital Corp. Technology	Added	6,932,511	+1,288,961	$164,577,811	+18.9%	0.80%
AMD	Advanced Micro Devices Inc Technology	Added	763,000	+320,700	$155,217,090	+63.9%	0.76%
CIFR	Cipher Digital Inc. Technology	Added	11,451,106	+4,003,611	$147,375,734	+34.1%	0.72%
HUT	Hut 8 Corp. Financial Services	Added	3,111,666	+323,150	$145,968,252	+13.9%	0.71%
WULF	Terawulf Inc. Financial Services	NEW	9,075,232	NEW	$130,955,597	NEW	0.64%
CORZ	Core Scientific, Inc./tx Technology	Reduced	7,718,962	-370,735	$115,475,671	−2.0%	0.56%
AAOI	Applied Optoelectronics, Inc. Technology	NEW	1,293,438	NEW	$109,411,920	NEW	0.53%
SNDK	Sandisk Corp Technology	NEW	161,299	NEW	$102,479,706	NEW	0.50%
SNOW	Snowflake Inc. Technology	Added	614,140	+252,516	$92,624,594	+16.8%	0.45%
ZM	Zoom Communications, Inc. Technology	NEW	1,101,700	NEW	$88,565,663	NEW	0.43%
GEV	GE Vernova Inc. Industrials	Reduced	80,033	-240,980	$69,860,805	−66.7%	0.34%
RIOT	Riot Platforms, Inc. Financial Services	Reduced	5,176,918	-4,447,229	$63,986,706	−47.5%	0.31%
ALAB	Astera Labs, Inc. Technology	Held	568,316	0	$62,287,433	−34.1%	0.30%
TSEM	Tower Semiconductor Ltd Technology	NEW	309,641	NEW	$54,335,802	NEW	0.27%
SEI	Solaris Energy Infrastructure, Inc. Energy	Reduced	896,985	-78,954	$50,688,622	+13.0%	0.25%
ACMR	ACM Research, Inc. Technology	NEW	956,027	NEW	$37,619,662	NEW	0.18%
LBRT	Liberty Energy Inc. Energy	NEW	1,272,306	NEW	$36,642,412	NEW	0.18%
STRL	Sterling Infrastructure, Inc. Industrials	NEW	89,472	NEW	$36,439,261	NEW	0.18%
BTDR	Bitdeer Technologies Group Technology	Added	4,046,413	+778,799	$35,001,472	−4.4%	0.17%
TAC	Transalta Corp Utilities	NEW	2,596,273	NEW	$34,011,176	NEW	0.17%
VST	Vistra Corp. Utilities	Reduced	159,500	-697,807	$23,977,635	−82.7%	0.12%
KLAC	Kla Corp Technology	Added	161,701	+110,915	$23,809,016	+285.8%	0.12%
CEG	Constellation Energy Corp Utilities	Reduced	81,900	-266,677	$22,870,575	−81.4%	0.11%