Nepsis Inc. — 13F Holdings & Portfolio
CIK 1587643 · latest 13F-HR filed 2026-10-13
Nepsis Inc. manages $317.5M in 13F-reported U.S. long-equity assets across 28 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are AMGN (6.24%), SMCI (5.48%), DVN (5.29%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 1 new position and exited 1; 12 existing positions rose in reported value and 7 fell.
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.
Long-equity book
Distinct positions
Filed 2026-10-13
vs 2026-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q2 26 → Q3 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 52%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Feb 4, 2026.
MINNEAPOLIS, MN 55423
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| PEARSON, MARK, WILLIAM Control | CEO, CIO AND CHIEF COMPLIANCE OFFICER since Feb 2001 | 75% or more | Individual |
Ownership & leadership changes · 3 filings with changes since Nov 18, 2011
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- ChangedPEARSON, MARK, WILLIAM · title PRESIDENT & CHIEF COMPLIANCE OFFICER → CEO, CIO AND CHIEF COMPLIANCE OFFICER
- No longer listedBRENEMAN, MARK, WAYNE · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Oct 2017
- ChangedPEARSON, MARK, WILLIAM · title PRESIDENT → PRESIDENT & CHIEF COMPLIANCE OFFICER
- AddedBRENEMAN, MARK, WAYNE · CHIEF COMPLIANCE OFFICER · Less than 5%
- ChangedPEARSON, MARK, WILLIAM · title PRESIDENT/CHIEF COMPLIANCE OFFICER → PRESIDENT
- ListedPEARSON, MARK, WILLIAM · PRESIDENT/CHIEF COMPLIANCE OFFICER · 75% or more · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- SUPER MICRO COMPUTER INC$6.0M +52.4%
- MEDTRONIC PLC$3.6M +32.1%
- SHOPIFY INC$3.5M +28.7%
- AMGEN INC$2.8M +16.6%
- SERVICENOW INC$2.5M +18.2%
Top Trims
- SNOWFLAKE INC-$3.7M -22.2%
- ADVANCED MICRO DEVICES INC-$2.5M -14.4%
- REDDIT INC-$2.3M -18.7%
- RLI CORP-$978.6K -5.9%
- HEALTH CATALYST INC-$750.4K -12.7%
Nepsis Inc. Holdings (2026-09-30)
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 | AMGEN INC | AMGN | 031162100 | $19.8M | 6.24% | 47,008 | SH |
| 2 | SUPER MICRO COMPUTER INC | SMCI | 86800U302 | $17.4M | 5.48% | 423,564 | SH |
| 3 | DEVON ENERGY CORP NEW | DVN | 25179M103 | $16.8M | 5.29% | 364,556 | SH |
| 4 | SERVICENOW INC | NOW | 81762P102 | $16.5M | 5.19% | 122,889 | SH |
| 5 | UNITED THERAPEUTICS CORP DEL | UTHR | 91307C102 | $16.4M | 5.18% | 30,336 | SH |
| 6 | BRISTOL-MYERS SQUIBB CO | BMY | 110122108 | $16.2M | 5.10% | 259,326 | SH |
| 7 | SHOPIFY INC | SHOP | 82509L107 | $15.7M | 4.96% | 106,083 | SH |
| 8 | RLI CORP | RLI | 749607107 | $15.7M | 4.95% | 284,106 | SH |
| 9 | RENAISSANCERE HLDGS LTD | RNR | G7496G103 | $15.5M | 4.89% | 48,829 | SH |
| 10 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $15.0M | 4.72% | 24,468 | SH |
| 11 | MEDTRONIC PLC | MDT | G5960L103 | $14.9M | 4.69% | 172,429 | SH |
| 12 | CHUBB LIMITED | CB | H1467J104 | $14.8M | 4.65% | 45,371 | SH |
| 13 | VISA INC | V | 92826C839 | $14.2M | 4.48% | 39,541 | SH |
| 14 | MASTERCARD INCORPORATED | MA | 57636Q104 | $13.3M | 4.19% | 24,105 | SH |
| 15 | ARISTA NETWORKS INC | ANET | 040413205 | $13.2M | 4.15% | 64,636 | SH |
| 16 | SNOWFLAKE INC | SNOW | 833445109 | $12.9M | 4.06% | 37,968 | SH |
| 17 | INCYTE CORP | INCY | 45337C102 | $12.3M | 3.86% | 101,033 | SH |
| 18 | UBER TECHNOLOGIES INC | UBER | 90353T100 | $12.2M | 3.86% | 178,713 | SH |
| 19 | AMERICAN INTL GROUP INC | AIG | 026874784 | $10.7M | 3.38% | 144,198 | SH |
| 20 | REDDIT INC | RDDT | 75734B100 | $10.0M | 3.16% | 70,501 | SH |
| 21 | X-ENERGY INC | XE | 98386P102 | $6.5M | 2.05% | 458,223 | SH |
| 22 | HEALTH CATALYST INC | HCAT | 42225T107 | $5.2M | 1.63% | 2,989,705 | SH |
| 23 | PIEDMONT REALTY TRUST INC | PDM | 720190206 | $4.4M | 1.37% | 489,139 | SH |
| 24 | NATIONAL HEALTH INVS INC | NHI | 63633D104 | $3.2M | 1.02% | 49,339 | SH |
| 25 | SOUTHERN CO | SO | 842587107 | $2.0M | 0.63% | 24,246 | SH |
| 26 | J P MORGAN EXCHANGE TRADED F | JPST | 46641Q837 | $1.1M | 0.35% | 22,135 | SH |
| 27 | DUKE ENERGY CORP NEW | DUK | 26441C204 | $961.3K | 0.30% | 8,432 | SH |
| 28 | BLACKROCK DEBT STRATEGIES FD | DSU | 09255R202 | $605.8K | 0.19% | 67,313 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-13 | $317.5M | 28 | 0001587643-26-000005 |
| 2026-06-30 | 2026-07-14 | $294.8M | 28 | 0001587643-26-000004 |
| 2026-03-31 | 2026-04-15 | $298.6M | 29 | 0001587643-26-000002 |
| 2025-12-31 | 2026-01-14 | $323.6M | 30 | 0001587643-26-000001 |
SUITE 400
MINNEAPOLIS, MN 55423