KP Management LLC

Registered adviser

CIK

2036769

Location

Edina, MN

Portfolio Value

Small $547,595,529

Diversification

Diversified

Filing Date

Global Rank

#3,510 / 8,811 ▲ 96

Top Industry

Semiconductors 27.2%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

11 quarters · since Dec 2023

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 161307

Roster of Oct 1, 2026

Regulatory AUM

$232,302,941

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$232,302,941 gross assets

Private funds on Schedule D 7.B.(1)

As filed Jun 26, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$206,427,953 gross assets in 1 fund Hedge funds $206,427,953 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Mar 2026 to Oct 2026	$232,302,941	Pooled investment vehicles (100%)
Mar 2025 to Feb 2026	$193,105,714	Pooled investment vehicles (100%)
Aug 2024 to Feb 2025	$206,427,953	Pooled investment vehicles (100%)
Jun 2023 to Mar 2024	—	—
May 2023	$0	—
Mar 2023 to Apr 2023	—	—

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 34.3%, 44.7 effective positions, active share 64.6% against the Nasdaq-100 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

38.0% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 7.3 quarters (4 to under 12)

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 64.6%; sector active share 39.8% against the combined 13F book's sector weights.

Over time 11 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

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

Top Position

5.2%

+0.5 pts

Top 5

18.5%

−1.6 pts

Top 10

33.0%

−2.2 pts

HHI

214

Diversified−14

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	60.0%	$328,708,313	39
Industrials	17.1%	$93,838,842	14
Financial Services	7.5%	$40,892,181	6
Communication Services	5.7%	$31,279,852	2
Consumer Cyclical	4.2%	$22,899,875	2
Basic Materials	3.0%	$16,546,971	3
Healthcare	1.3%	$7,348,940	2
Consumer Defensive	1.1%	$6,080,555	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
NOK	Nokia Corp	+90,000	210,000	$2,788,800
KLAC	Kla Corp	+39,750	45,000	$13,576,950
VIAV	Viavi Solutions Inc.	+20,000	50,000	$2,387,500
SOLS	Solstice Advanced Materials Inc.	+18,600	63,299	$5,608,291
META	Meta Platforms, Inc.	+12,750	20,750	$11,688,267
ETN	Eaton Corp plc	+9,500	18,500	$7,883,220
APH	Amphenol Corp /De/	+7,500	80,000	$28,211,200
AMAT	Applied Materials Inc /De	+5,000	15,000	$10,845,000
WWD	Woodward, Inc.	+3,000	24,500	$10,423,280
SPGI	S&P Global Inc.	+3,000	12,000	$4,887,119
MCO	Moodys Corp /De/	+3,000	11,000	$4,982,120
V	Visa Inc.	+1,500	19,000	$6,518,710
AMD	Advanced Micro Devices Inc	+1,000	16,000	$9,294,560
HEI	Heico Corp	+1,000	33,750	$12,021,412
No positions match the current search.

Trimmed

Positions the filer reduced

15 positions

Ticker	Company	Δ Shares	Shares	Value
NVTS	Navitas Semiconductor Corp	−170,000	47,441	$850,142
INTC	Intel Corp	−50,000	120,000	$16,755,600
TTMI	Ttm Technologies Inc	−10,000	30,000	$5,610,600
NET	Cloudflare, Inc.	−10,000	7,500	$1,839,600
BE	Bloom Energy Corp	−10,000	16,600	$5,024,820
GEV	GE Vernova Inc.	−5,250	5,875	$6,902,302
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−5,000	35,000	$16,714,950
NVDA	Nvidia Corp	−5,000	87,500	$17,507,875
SNDK	Sandisk Corp	−4,500	2,500	$5,684,325
COHR	Coherent Corp.	−3,000	19,000	$7,494,930
CDNS	Cadence Design Systems Inc	−2,500	12,000	$4,503,840
TMO	Thermo Fisher Scientific Inc.	−2,000	8,000	$4,010,880
STX	Seagate Technology Holdings plc	−2,000	8,000	$7,720,000
ASML	Asml Holding NV	−1,000	9,500	$18,899,679
LITE	Lumentum Holdings Inc.	−500	16,500	$14,157,990
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
SMTC	Semtech Corp	70,000	$11,329,500
SITM	SITIME Corp	10,000	$7,455,600
ALAB	Astera Labs, Inc.	12,750	$6,158,505
MRVL	Marvell Technology, Inc.	19,500	$5,808,855
POWL	Powell Industries Inc	16,500	$4,724,940
WOLF	Wolfspeed, Inc.	73,000	$3,522,250
TXN	Texas Instruments Inc	10,000	$2,980,700
MU	Micron Technology Inc	2,500	$2,885,725
AEHR	Aehr Test Systems	20,000	$1,921,200
SMCI	Super Micro Computer, Inc.	55,000	$1,613,150
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
TEL	TE Connectivity plc	34,000	$7,106,680
CIEN	Ciena Corp	15,000	$5,823,450
SNPS	Synopsys Inc	13,750	$5,451,600
TLN	Talen Energy Corp	11,000	$3,511,530
AKAM	Akamai Technologies Inc	17,500	$2,009,875
NOW	ServiceNow, Inc.	16,250	$1,698,937
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

69 tracked positions · $547,595,529 total · filing declares 86 positions · $531,508,285 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology

Showing 1–50 of 69 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
APH	Amphenol Corp /De/ Technology	Added	80,000	+2,500	$28,211,200	+44.1%	11	before history	5.15%
INTC	Intel Corp CALL + SHARES Technology	Reduced	142,500	-50,000	$19,897,275	+134.2%	3	$44.89	3.63%
ASML	Asml Holding NV Technology	Reduced	9,500	-2,500	$18,899,679	+19.2%	4	$827.81	3.45%
NVDA	Nvidia Corp Technology	Reduced	87,500	-20,000	$17,507,875	−6.6%	11	before history	3.20%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	35,000	-5,000	$16,714,950	+23.6%	11	before history	3.05%
AMZN	Amazon Com Inc CALL + SHARES Consumer Cyclical	Held	70,000	0	$16,683,800	+14.4%	11	before history	3.05%
META	Meta Platforms, Inc. CALL + SHARES Communication Services	Added	28,250	+5,250	$15,912,942	+20.9%	11	before history	2.91%
TSEM	Tower Semiconductor Ltd Technology	Held	61,035	0	$15,908,162	+48.5%	4	$54.61	2.91%
MSFT	Microsoft Corp CALL + SHARES Technology	Held	41,500	0	$15,480,330	+0.8%	11	before history	2.83%
GOOGL	Alphabet Inc. Communication Services	Held	43,000	0	$15,366,910	+24.3%	11	before history	2.81%
AVGO	Broadcom Inc. CALL + SHARES Technology	Held	40,000	0	$15,110,000	+22.0%	11	before history	2.76%
LITE	Lumentum Holdings Inc. Technology	Reduced	16,500	-500	$14,157,990	+18.5%	3	$256.82	2.59%
KLAC	Kla Corp Technology	Added	45,000	+39,750	$13,576,950	+75.6%	4	$100.87	2.48%
HEI	Heico Corp CALL + SHARES Industrials	Added	36,750	+1,000	$13,089,982	+33.5%	11	before history	2.39%
V	Visa Inc. CALL + SHARES Financial Services	Added	34,000	+6,500	$11,665,060	+40.3%	11	before history	2.13%
AAPL	Apple Inc. Technology	Held	40,000	0	$11,574,400	+14.0%	11	before history	2.11%
SMTC	Semtech Corp Technology	NEW	70,000	NEW	$11,329,500	NEW	1	$130.71	2.07%
TER	Teradyne, Inc Technology	Reduced	22,500	-7,500	$10,886,400	+22.4%	3	$171.57	1.99%
AMAT	Applied Materials Inc /De Technology	Added	15,000	+5,000	$10,845,000	+217.3%	2	$378.05	1.98%
WWD	Woodward, Inc. Industrials	Added	24,500	+3,000	$10,423,280	+35.5%	6	$219.08	1.90%
TDG	TransDigm Group INC Industrials	Held	7,350	0	$9,790,494	+14.9%	11	before history	1.79%
AMD	Advanced Micro Devices Inc Technology	Added	16,000	+1,000	$9,294,560	+204.6%	5	$127.69	1.70%
SHW	Sherwin Williams Co Basic Materials	Held	24,000	0	$8,263,680	+7.4%	11	before history	1.51%
ETN	Eaton Corp plc Industrials	Added	18,500	+2,000	$7,883,220	+33.6%	11	before history	1.44%
STX	Seagate Technology Holdings plc Technology	Reduced	8,000	-2,000	$7,720,000	+97.1%	4	$196.07	1.41%
COHR	Coherent Corp. Technology	Reduced	19,000	-8,000	$7,494,930	+16.5%	2	$228.99	1.37%
SITM	SITIME Corp Technology	NEW	10,000	NEW	$7,455,600	NEW	1	$630.55	1.36%
BE	Bloom Energy Corp CALL + SHARES Industrials	Reduced	24,100	-2,500	$7,295,070	+102.4%	3	$105.07	1.33%
MCO	Moodys Corp /De/ CALL + SHARES Financial Services	Added	16,000	+3,000	$7,246,720	+27.8%	11	before history	1.32%
MA	Mastercard Inc CALL + SHARES Financial Services	Reduced	14,000	-5,000	$7,190,400	−24.3%	11	before history	1.31%
CMI	Cummins Inc Industrials	Held	10,000	0	$7,132,100	+32.6%	11	before history	1.30%
GEV	GE Vernova Inc. Industrials	Reduced	5,875	-5,250	$6,902,302	−28.9%	9	$183.69	1.26%
TMO	Thermo Fisher Scientific Inc. CALL + SHARES Healthcare	Added	13,000	+3,000	$6,517,680	+32.6%	11	before history	1.19%
MU	Micron Technology Inc CALL + SHARES Technology	NEW	5,500	NEW	$6,348,595	NEW	1	$749.89	1.16%
MPWR	Monolithic Power Systems, Inc. Technology	Held	4,500	0	$6,220,620	+26.4%	11	before history	1.14%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Held	67,500	0	$6,216,075	−0.2%	11	before history	1.14%
GE	General Electric Co Industrials	Held	16,500	0	$6,166,545	+31.7%	11	before history	1.13%
ALAB	Astera Labs, Inc. Technology	NEW	12,750	NEW	$6,158,505	NEW	1	$265.37	1.12%
COST	Costco Wholesale Corp /New Consumer Defensive	Held	6,500	0	$6,080,555	−6.1%	11	before history	1.11%
PH	Parker-Hannifin Corp Industrials	Held	6,000	0	$5,868,720	+9.3%	9	$536.26	1.07%
MRVL	Marvell Technology, Inc. Technology	NEW	19,500	NEW	$5,808,855	NEW	1	$200.51	1.06%
SNDK	Sandisk Corp Technology	Reduced	2,500	-4,500	$5,684,325	+27.8%	2	$564.88	1.04%
TTMI	Ttm Technologies Inc Technology	Reduced	30,000	-10,000	$5,610,600	+44.0%	2	$95.16	1.02%
SOLS	Solstice Advanced Materials Inc. Basic Materials	Added	63,299	+10,000	$5,608,291	+38.2%	2	$72.64	1.02%
JPM	Jpmorgan Chase & Co Financial Services	Held	16,527	0	$5,409,782	+11.3%	11	before history	0.99%
BA	Boeing Co Industrials	Held	24,500	0	$5,303,515	+8.8%	7	$159.27	0.97%
NOK	Nokia Corp CALL + SHARES Technology	Added	375,500	+255,500	$4,986,640	+416.9%	2	$9.71	0.91%
SPGI	S&P Global Inc. Financial Services	Reduced	12,000	-7,000	$4,887,119	−39.5%	11	before history	0.89%
POWL	Powell Industries Inc Industrials	NEW	16,500	NEW	$4,724,940	NEW	1	unpriced	0.86%
CDNS	Cadence Design Systems Inc Technology	Reduced	12,000	-2,500	$4,503,840	+11.8%	11	before history	0.82%

Showing the top 50 of 69 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.