Nepsis Inc. — 13F Holdings & Portfolio

CIK 1587643 · latest 13F-HR filed 2026-07-14

Nepsis Inc. manages $294.8M in 13F-reported U.S. long-equity assets across 28 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AMD (5.93%), AMGN (5.76%), RLI (5.66%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions, exited 3, added to 11, and trimmed 8.

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.

Filer Information
Address
2 MERIDIAN CROSSINGS
SUITE 400
MINNEAPOLIS, MN 55423
Phone
(952) 746-2003
Filing Manager
Nepsis Inc.
Minneapolis, MN
Signatory
Mark Pearson
Founder, CCO & CIO
Loading holdings…
AUM

$294.8M

Long-equity book

Holdings

28

Distinct positions

Period

2026-06-30

Filed 2026-07-14

Q/Q Activity

+2 / −3 / ↑11 / ↓8

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • SNOWFLAKE INC$8.2M +99.0%
  • REDDIT INC$5.0M +68.6%
  • ARISTA NETWORKS INC$4.1M +42.0%
  • HEALTH CATALYST INC$3.5M +148.5%
  • MEDTRONIC PLC$3.5M +45.3%
Show all 11

Top Trims

  • UNITED THERAPEUTICS CORP DEL-$10.2M -40.9%
  • DEVON ENERGY CORP NEW-$7.5M -33.0%
  • CHUBB LIMITED-$1.7M -10.2%
  • RENAISSANCERE HLDGS LTD-$1.5M -8.7%
  • MASTERCARD INCORPORATED-$1.2M -9.3%
Show all 8

New Positions

  • SERVICENOW INC$13.9M
  • X-ENERGY INC$6.8M
Show all 2

Exited Positions

  • EOG RES INC$14.3M
  • THE CIGNA GROUP$10.6M
  • PETROLEO BRASILEIRO S A$10.0M
Show all 3
All Holdings

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 ADVANCED MICRO DEVICES INC AMD 007903107 $17.5M 5.93% 30,099 SH
2 AMGEN INC AMGN 031162100 $17.0M 5.76% 46,923 SH
3 RLI CORP RLI 749607107 $16.7M 5.66% 282,589 SH
4 SNOWFLAKE INC SNOW 833445109 $16.6M 5.62% 65,123 SH
5 RENAISSANCERE HLDGS LTD RNR G7496G103 $15.5M 5.27% 48,999 SH
6 CHUBB LIMITED CB H1467J104 $15.4M 5.22% 45,196 SH
7 DEVON ENERGY CORP NEW DVN 25179M103 $15.3M 5.17% 369,177 SH
8 BRISTOL-MYERS SQUIBB CO BMY 110122108 $14.9M 5.05% 258,510 SH
9 UNITED THERAPEUTICS CORP DEL UTHR 91307C102 $14.8M 5.01% 27,273 SH
10 SERVICENOW INC NOW 81762P102 $13.9M 4.73% 140,346 SH
11 ARISTA NETWORKS INC ANET 040413205 $13.7M 4.65% 80,753 SH
12 VISA INC V 92826C839 $13.3M 4.51% 38,742 SH
13 REDDIT INC RDDT 75734B100 $12.3M 4.19% 71,129 SH
14 SHOPIFY INC SHOP 82509L107 $12.2M 4.14% 107,028 SH
15 UBER TECHNOLOGIES INC UBER 90353T100 $12.2M 4.14% 169,142 SH
16 MASTERCARD INCORPORATED MA 57636Q104 $12.2M 4.13% 23,692 SH
17 SUPER MICRO COMPUTER INC SMCI 86800U302 $11.4M 3.87% 389,097 SH
18 MEDTRONIC PLC MDT G5960L103 $11.3M 3.82% 143,946 SH
19 AMERICAN INTL GROUP INC AIG 026874784 $11.1M 3.76% 148,819 SH
20 X-ENERGY INC XE 98386P102 $6.8M 2.31% 370,212 SH
21 HEALTH CATALYST INC HCAT 42225T107 $5.9M 2.01% 2,976,187 SH
22 PIEDMONT REALTY TRUST INC PDM 720190206 $4.4M 1.50% 483,316 SH
23 NATIONAL HEALTH INVS INC NHI 63633D104 $3.1M 1.05% 40,769 SH
24 IRON MTN INC DEL IRM 46284V101 $2.8M 0.94% 22,032 SH
25 SOUTHERN CO SO 842587107 $2.4M 0.81% 24,895 SH
26 DUKE ENERGY CORP NEW DUK 26441C204 $1.1M 0.37% 8,611 SH
27 J P MORGAN EXCHANGE TRADED F JPST 46641Q837 $782.8K 0.27% 15,480 SH
28 BLACKROCK DEBT STRATEGIES FD DSU 09255R202 $287.6K 0.10% 29,646 SH
Filing History
Period Filed AUM Holdings Accession
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