Telemark Asset Management, LLC — 13F Holdings & Portfolio
CIK 1420816 · latest 13F-HR filed 2026-05-12
Telemark Asset Management, LLC manages $1.08B in 13F-reported U.S. long-equity assets across 53 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are NVDA (9.67%), CCJ (9.04%), HAL (4.33%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 11 new positions, exited 14, added to 22, and trimmed 12.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$1.08B
Long-equity book
53
Distinct positions
2026-03-31
Filed 2026-05-12
+11 / −14 / ↑22 / ↓12
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- PALANTIR TECHNOLOGIES INC$11.5M +64.6%
- ANDERSEN GROUP INC$11.0M +424.5%
- CLEAN HARBORS INC$9.9M +52.9%
- CORNING INC$9.7M +55.3%
- DIGITALOCEAN HLDGS INC$7.5M +78.3%
Top Trims
- TRIMBLE INC-$10.5M -44.5%
- SHOPIFY INC-$10.3M -49.0%
- META PLATFORMS INC-$9.2M -35.0%
- NVIDIA CORPORATION-$7.3M -6.5%
- HEICO CORP NEW-$6.9M -15.3%
New Positions
- HALLIBURTON CO$46.8M
- SLB LIMITED$30.8M
- MODERNA INC$25.4M
- BAKER HUGHES COMPANY$24.4M
- CATERPILLAR INC$21.3M
Exited Positions
- MICROCHIP TECHNOLOGY INC.$22.3M
- MONGODB INC$16.8M
- EQT CORP$16.1M
- MICROSOFT CORP$14.5M
- FIRST SOLAR INC$13.1M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 67066G104 | $104.6M | 9.67% | 600,000 | SH |
| 2 | CAMECO CORP | CCJ | 13321L108 | $97.7M | 9.04% | 900,000 | SH |
| 3 | HALLIBURTON CO | HAL | 406216101 | $46.8M | 4.33% | 1,200,000 | SH |
| 4 | NOVANTA INC | NOVT | 67000B104 | $44.3M | 4.09% | 375,000 | SH |
| 5 | AMAZON COM INC | AMZN | 023135106 | $41.7M | 3.85% | 200,000 | SH |
| 6 | HEICO CORP NEW | HEI | 422806109 | $38.4M | 3.55% | 140,000 | SH |
| 7 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $33.8M | 3.12% | 100,000 | SH |
| 8 | SLB LIMITED | SLB | 806857108 | $30.8M | 2.85% | 600,000 | SH |
| 9 | PALANTIR TECHNOLOGIES INC | PLTR | 69608A108 | $29.3M | 2.70% | 200,000 | SH |
| 10 | CLEAN HARBORS INC | CLH | 184496107 | $28.7M | 2.65% | 100,000 | SH |
| 11 | CORNING INC | GLW | 219350105 | $27.2M | 2.51% | 200,000 | SH |
| 12 | HEICO CORP NEW | HEI.A | 422806208 | $26.4M | 2.44% | 125,000 | SH |
| 13 | MODERNA INC | MRNA | 60770K107 | $25.4M | 2.35% | 500,000 | SH |
| 14 | FRANCO NEV CORP | FNV | 351858105 | $24.7M | 2.28% | 100,000 | SH |
| 15 | BAKER HUGHES COMPANY | BKR | 05722G100 | $24.4M | 2.26% | 400,000 | SH |
| 16 | ANALOG DEVICES INC | ADI | 032654105 | $22.3M | 2.06% | 70,000 | SH |
| 17 | CATERPILLAR INC | CAT | 149123101 | $21.3M | 1.96% | 30,000 | SH |
| 18 | TERADYNE INC | TER | 880770102 | $20.8M | 1.92% | 70,000 | SH |
| 19 | BWX TECHNOLOGIES INC | BWXT | 05605H100 | $20.4M | 1.89% | 100,000 | SH |
| 20 | AMERICAN SUPERCONDUCTOR CORP | AMSC | 030111207 | $20.3M | 1.88% | 600,000 | SH |
| 21 | ALMONTY INDS INC | ALM | 020398707 | $17.4M | 1.61% | 1,200,000 | SH |
| 22 | MODINE MFG CO | MOD | 607828100 | $17.3M | 1.60% | 80,000 | SH |
| 23 | META PLATFORMS INC | META | 30303M102 | $17.2M | 1.59% | 30,000 | SH |
| 24 | DIGITALOCEAN HLDGS INC | DOCN | 25402D102 | $17.2M | 1.59% | 200,000 | SH |
| 25 | WASTE CONNECTIONS INC | WCN | 94106B101 | $16.2M | 1.50% | 100,000 | SH |
| 26 | KOPIN CORP | KOPN | 500600101 | $15.8M | 1.46% | 7,000,000 | SH |
| 27 | TEXAS INSTRS INC | TXN | 882508104 | $15.5M | 1.44% | 80,000 | SH |
| 28 | ALPHABET INC | GOOGL | 02079K305 | $14.4M | 1.33% | 50,000 | SH |
| 29 | APPLIED MATLS INC | AMAT | 038222105 | $13.7M | 1.26% | 40,000 | SH |
| 30 | ANDERSEN GROUP INC | ANDG | 033853102 | $13.6M | 1.26% | 500,000 | SH |
| 31 | ASML HLDG NV | ASML | N07059210 | $13.2M | 1.22% | 10,000 | SH |
| 32 | TRIMBLE INC | TRMB | 896239100 | $13.0M | 1.21% | 200,000 | SH |
| 33 | NEXTPOWER INC | NXT | 65290E101 | $12.1M | 1.11% | 100,000 | SH |
| 34 | GARMIN LTD | GRMN | H2906T109 | $11.6M | 1.07% | 50,000 | SH |
| 35 | KAROOOOO LTD | KARO | Y4600W108 | $10.7M | 0.99% | 215,150 | SH |
| 36 | LAM RESEARCH CORP | LRCX | 512807306 | $10.7M | 0.99% | 50,000 | SH |
| 37 | SHOPIFY INC | SHOP | 82509L107 | $10.7M | 0.99% | 90,000 | SH |
| 38 | CAMTEK LTD | CAMT | M20791105 | $10.6M | 0.98% | 70,000 | SH |
| 39 | BRIGHTVIEW HLDGS INC | BV | 10948C107 | $10.0M | 0.93% | 850,000 | SH |
| 40 | ORMAT TECHNOLOGIES INC | ORA | 686688102 | $9.0M | 0.83% | 80,000 | SH |
| 41 | ALLIENT INC | ALNT | 019330109 | $8.9M | 0.82% | 150,000 | SH |
| 42 | AXON ENTERPRISE INC | AXON | 05464C101 | $8.5M | 0.79% | 20,000 | SH |
| 43 | APPLOVIN CORP | APP | 03831W108 | $8.0M | 0.74% | 20,000 | SH |
| 44 | HILLMAN SOLUTIONS CORP | HLMN | 431636109 | $7.9M | 0.73% | 950,000 | SH |
| 45 | D-WAVE QUANTUM INC | QBTS | 26740W109 | $7.2M | 0.67% | 500,000 | SH |
| 46 | BIODESIX INC | BDSX | 09075X207 | $7.1M | 0.66% | 489,824 | SH |
| 47 | TWILIO INC | TWLO | 90138F102 | $6.3M | 0.58% | 50,000 | SH |
| 48 | CODEXIS INC | CDXS | 192005106 | $6.3M | 0.58% | 3,846,411 | SH |
| 49 | OVINTIV INC | OVV | 69047Q102 | $5.9M | 0.55% | 100,000 | SH |
| 50 | NEXGEN ENERGY LTD | NXE | 65340P106 | $5.8M | 0.54% | 500,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-12 | $1.08B | 53 | 0000898432-26-000352 |
| 2025-12-31 | 2026-02-11 | $1.00B | 56 | 0000898432-26-000088 |
| 2025-09-30 | 2025-11-10 | $1.05B | 47 | 0000898432-25-000879 |