Aperture Investors, LLC — 13F Holdings & Portfolio
CIK 1787596 · latest 13F-HR filed 2026-08-14
Aperture Investors, LLC manages $1.11B in 13F-reported U.S. long-equity assets across 87 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPY (7.82%), SPY (5.40%), SN (3.36%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 18 new positions and exited 23; 40 existing positions rose in reported value and 17 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.
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AUM
$1.11B
Long-equity book
Holdings
87
Distinct positions
Period
2026-06-30
Filed 2026-08-14
Q/Q Activity
+18 / −23 / ↑40 / ↓17
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26SN3.9% · -6%STRL3.9% · -22%IDCC3.9% · +25%SPXC3.7% · +11%LIN3.5% · -7%VIAV3.3% · -17%ALGM3.3% · -38%FND3.2% · +9%TIGO3.2% · -18%CAVA3.0% · -18%FSS3.0% · 0%NBIS2.9% · newLSCC2.9% · newPOWI2.7% · newAAON2.7% · +9%SITM2.7% · -62%AEIS2.6% · newHLIO2.6% · -11%TSM2.5% · +154%MTN2.3% · +42%POWL2.3% · +88%HAYW2.1% · +38%FPS2.1% · -55%SXT1.7% · +269%VWO1.7% · 0%ORA1.7% · -49%PTON1.6% · +27%NVDA1.5% · +5%WMB1.2% · -7%VXUS1.1% · -58%TTI1.1% · +22%ULS1.1% · +14%PRMB1.0% · +50%ASML1.0% · +7%ACMR1.0% · +244%FLY0.8% · newCRH0.8% · -34%FIGR0.7% · +71%VST0.5% · +28%UAL0.5% · -10%TW0.5% · newAZN0.5% · newHDB0.5% · 0%NRG0.5% · +11%AMZN0.4% · +421%MTZ0.4% · -34%VSAT0.4% · -65%IBN0.4% · 0%ALC0.4% · 0%UL0.4% · 0%BWA0.4% · newBABA0.4% · 0%SNX0.4% · newCTRI0.4% · -23%YUMC0.4% · 0%CHRW0.4% · newSONY0.4% · 0%KOF0.4% · 0%HSBC0.4% · +59%NVO0.4% · 0%
Box 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
Q1 26 → Q2 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 = 34.8%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Mar 30, 2026.
Assets Under Management
$6.06B
Discretionary
$5.76B
Employees
78
Accounts
21
Address
250 WEST 55TH STREET
34TH FLOOR
NEW YORK, NY 10019
34TH FLOOR
NEW YORK, NY 10019
Phone
(212) 521-5180
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| CURTIN, THOMAS, JOSEPH Control | CHIEF FINANCIAL OFFICER since Feb 2023 | Less than 5% | Individual |
| FREEMAN, BENJAMIN, JEFFREY Control | GENERAL COUNSEL since Jan 2023 | Less than 5% | Individual |
| GENERALI ALPHA CORP Control | MEMBER since Aug 2018 | 50–75% | Domestic Entity |
| KRAUS, PETER, STEVEN Control | CHAIRMAN, CEO, MANAGING MEMBER since Mar 2018 | 25–50% | Individual |
| MACDONALD, RYAN, SCOTT Control | CHIEF COMPLIANCE OFFICER since Nov 2022 | Less than 5% | Individual |
| SPADACCINI, THOMAS, DARRYL Control | CHIEF OPERATING OFFICER since Nov 2022 | Less than 5% | Individual |
| ASSICURAZONI GENERALI S.P.A Control Indirect owner via GENERALI INVESTMENT HOLDINGS SPA | OWNER, GENERALI INVESTMENT HOLDINGS SPA since Aug 2018 | 50–75% | Foreign Entity |
| GENERALI INVESTMENT HOLDINGS SPA Control Indirect owner via GENERALI ALPHA CORP | OWNER, GENERALI ALPHA CORP since Aug 2018 | 75% or more | Foreign Entity |
Ownership & leadership changes · 11 filings with changes since Aug 15, 2018
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.
Feb 14, 2025 filing
- No longer listedO'CONNOR, JAMES, KENNETH · PRESIDENT · Less than 5% · control person · listed since Nov 2022
Apr 17, 2024 filing
- No longer listedGENERALI FRANCE SA · OWNER, GENERALI INVESTMENT HOLDINGS SPA · 25–50% · indirect via GENERALI INVESTMENT HOLDINGS SPA · control person · listed since Aug 2018
Mar 28, 2024 filing
- No longer listedASSICURAZONI GENERALI S.P.A · OWNER, GENERALI BETEILIGUNGS GMBH · 75% or more · indirect via GENERALI BETEILIGUNGS GMBH · control person · listed since Aug 2018
- No longer listedASSICURAZONI GENERALI S.P.A · OWNER, PARTICIPATIE MAATSCHAPPIJ GRAAFSSCHAP HOLLAND N.V. · 50–75% · indirect via PARTICIPATIE MAATSCHAPPIJ GRAAFSCHAP HOLLAND N.V. · control person · listed since Aug 2018
- No longer listedASSICURAZONI GENERALI S.P.A · OWNER, GENERALI ITALIA S.P.A. · 75% or more · indirect via GENERALI ITALIA S.P.A. · control person · listed since Aug 2018
- No longer listedASSICURAZONI GENERALI S.P.A · OWNER, GENERALI FRANCE SA · 50–75% · indirect via GENERALI FRANCE SA · listed since Aug 2018
- No longer listedGENERALI BETEILIGUNGS GMBH · OWNER, GENERALI DEUTSCHLAND HOLDING AG · 75% or more · indirect via GENERALI DEUTSCHLAND HOLDING AG · control person · listed since Aug 2018
- No longer listedGENERALI DEUTSCHLAND HOLDING AG · OWNER, GENERALI INVESTMENT HOLDINGS SPA · 25–50% · indirect via GENERALI INVESTMENT HOLDINGS SPA · control person · listed since Aug 2018
- No longer listedGENERALI ITALIA S.P.A. · OWNER PARTICIPATIE MAATSCHAPPIJ GRAAFSSCHAP HOLLAND N.V. · 25–50% · indirect via PARTICIPATIE MAATSCHAPPIJ GRAAFSCHAP HOLLAND N.V. · control person · listed since Aug 2018
- No longer listedPARTICIPATIE MAATSCHAPPIJ GRAAFSCHAP HOLLAND N.V. · OWNER, GENERALI FRANCE SA · 25–50% · indirect via GENERALI FRANCE SA · control person · listed since Aug 2018
- AddedFREEMAN, BENJAMIN, JEFFREY · GENERAL COUNSEL · Less than 5% · control person
- ChangedASSICURAZONI GENERALI S.P.A · indirect via GENERALI INVESTMENT HOLDINGS SPA: ownership 25–50% → 50–75%
Mar 30, 2023 filing
- No longer listedCARROLL, BENJAMIN, GERMAN · CHIEF FINANCIAL OFFICER · Less than 5% · control person · listed since Feb 2019
- AddedCURTIN, THOMAS, JOSEPH · CHIEF FINANCIAL OFFICER · Less than 5% · control person
Nov 28, 2022 filing
- AddedMACDONALD, RYAN, SCOTT · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ChangedO'CONNOR, JAMES, KENNETH · title CHIEF OPERATING OFFICER → PRESIDENT
- ChangedSPADACCINI, THOMAS, DARRYL · title CHIEF COMPLIANCE OFFICER → CHIEF OPERATING OFFICER
Mar 29, 2022 filing
- AddedASSICURAZONI GENERALI S.P.A · OWNER, GENERALI BETEILIGUNGS GMBH · 75% or more · indirect via GENERALI BETEILIGUNGS GMBH · control person
- AddedASSICURAZONI GENERALI S.P.A · OWNER, PARTICIPATIE MAATSCHAPPIJ GRAAFSSCHAP HOLLAND N.V. · 50–75% · indirect via PARTICIPATIE MAATSCHAPPIJ GRAAFSCHAP HOLLAND N.V. · control person
- AddedASSICURAZONI GENERALI S.P.A · OWNER, GENERALI ITALIA S.P.A. · 75% or more · indirect via GENERALI ITALIA S.P.A. · control person
- AddedASSICURAZONI GENERALI S.P.A · OWNER, GENERALI FRANCE SA · 50–75% · indirect via GENERALI FRANCE SA
- AddedGENERALI BETEILIGUNGS GMBH · OWNER, GENERALI DEUTSCHLAND HOLDING AG · 75% or more · indirect via GENERALI DEUTSCHLAND HOLDING AG · control person
- AddedGENERALI ITALIA S.P.A. · OWNER PARTICIPATIE MAATSCHAPPIJ GRAAFSSCHAP HOLLAND N.V. · 25–50% · indirect via PARTICIPATIE MAATSCHAPPIJ GRAAFSCHAP HOLLAND N.V. · control person
- AddedPARTICIPATIE MAATSCHAPPIJ GRAAFSCHAP HOLLAND N.V. · OWNER, GENERALI FRANCE SA · 25–50% · indirect via GENERALI FRANCE SA · control person
- ChangedASSICURAZONI GENERALI S.P.A · indirect via GENERALI INVESTMENT HOLDINGS SPA: now a control person
- ChangedGENERALI ALPHA CORP · title MAJORITY STAKEHOLDER → MEMBER
- ChangedGENERALI DEUTSCHLAND HOLDING AG · indirect via GENERALI INVESTMENT HOLDINGS SPA: now a control person
- ChangedGENERALI FRANCE SA · indirect via GENERALI INVESTMENT HOLDINGS SPA: now a control person
- ChangedKRAUS, PETER, STEVEN · title CHAIRMAN, CEO, OWNER → CHAIRMAN, CEO, MANAGING MEMBER
Mar 29, 2021 filing
- No longer listedSIEGEL, MATTHEW, LOUIS · CHIEF MARKETING OFFICER · Less than 5% · control person · listed since Mar 2018
- AddedCARROLL, BENJAMIN, GERMAN · CHIEF FINANCIAL OFFICER · Less than 5% · control person
- ChangedKRAUS, PETER, STEVEN · ownership 10–25% → 25–50%
Jun 26, 2020 filing
- AddedSPADACCINI, THOMAS, DARRYL · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ChangedO'CONNOR, JAMES, KENNETH · title CHIEF COMPLIANCE OFFICER / CHIEF OPERATING OFFICER → CHIEF OPERATING OFFICER
Mar 16, 2020 filing
- No longer listedOLIN, KATHLEEN, MARY · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Mar 2019
- ChangedO'CONNOR, JAMES, KENNETH · title CHIEF OPERATING OFFICER → CHIEF COMPLIANCE OFFICER / CHIEF OPERATING OFFICER
Mar 31, 2019 filing
- No longer listedTHE BENJAMIN KRAUS 2012 DESCENDANTS TRUST · MEMBER · Less than 5% · listed since Mar 2019
- No longer listedTHE JASON KRAUS 2012 DESCENDANTS TRUST · MEMBER · Less than 5% · listed since Mar 2019
Older changes (2 more filings)
Mar 28, 2019 filing
- AddedOLIN, KATHLEEN, MARY · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- AddedTHE BENJAMIN KRAUS 2012 DESCENDANTS TRUST · MEMBER · Less than 5%
- AddedTHE JASON KRAUS 2012 DESCENDANTS TRUST · MEMBER · Less than 5%
- ChangedGENERALI INVESTMENT HOLDINGS SPA · indirect via GENERALI ALPHA CORP: now a control person
- ChangedKRAUS, PETER, STEVEN · ownership 25–50% → 10–25%
- ChangedO'CONNOR, JAMES, KENNETH · title CHIEF OPERATING OFFICER / CHIEF COMPLIANCE OFFICER → CHIEF OPERATING OFFICER; now a control person
- ChangedSIEGEL, MATTHEW, LOUIS · now a control person
Aug 15, 2018 filing (earliest on record)
- ListedASSICURAZONI GENERALI S.P.A · OWNER, GENERALI INVESTMENT HOLDINGS SPA · 25–50% · indirect via GENERALI INVESTMENT HOLDINGS SPA
- ListedGENERALI ALPHA CORP · MAJORITY STAKEHOLDER · 50–75% · control person
- ListedGENERALI DEUTSCHLAND HOLDING AG · OWNER, GENERALI INVESTMENT HOLDINGS SPA · 25–50% · indirect via GENERALI INVESTMENT HOLDINGS SPA
- ListedGENERALI FRANCE SA · OWNER, GENERALI INVESTMENT HOLDINGS SPA · 25–50% · indirect via GENERALI INVESTMENT HOLDINGS SPA
- ListedGENERALI INVESTMENT HOLDINGS SPA · OWNER, GENERALI ALPHA CORP · 75% or more · indirect via GENERALI ALPHA CORP
- ListedKRAUS, PETER, STEVEN · CHAIRMAN, CEO, OWNER · 25–50% · control person
- ListedO'CONNOR, JAMES, KENNETH · CHIEF OPERATING OFFICER / CHIEF COMPLIANCE OFFICER · Less than 5%
- ListedSIEGEL, MATTHEW, LOUIS · CHIEF MARKETING OFFICER · Less than 5%
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)
- TAIWAN SEMICONDUCTOR MANUFAC$16.6M +258.5%
- STERLING INFRASTRUCTURE INC$13.8M +60.1%
- SENSIENT TECHNOLOGIES CORP$13.1M +426.4%
- AAON INC$10.1M +66.7%
- SHARKNINJA INC$9.5M +34.5%
Top Trims
- ORMAT TECHNOLOGIES INC-$15.8M -50.2%
- VANGUARD STAR FDS-$12.0M -53.4%
- REGAL REXNORD CORPORATION-$8.4M -76.7%
- CAVA GROUP INC-$7.3M -20.5%
- SITIME CORP-$5.2M -17.0%
New Positions
- NEBIUS GROUP N.V.$27.6M
- LATTICE SEMICONDUCTOR CORP$27.1M
- POWER INTEGRATIONS INC$25.8M
- ADVANCED ENERGY INDS$24.5M
- FIREFLY AEROSPACE INC$7.6M
Exited Positions
- SHAKE SHACK INC$26.1M
- ARGAN INC$12.6M
- NASDAQ INC$10.3M
- LUMENTUM HLDGS INC$7.4M
- EQT CORP$4.7M
Aperture Investors, LLC Holdings (2026-06-30)
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 | STATE STR SPDR S&P 500 ETF T Call | SPY | 78462F103 | $86.5M | 7.82% | 115,800 | SH |
| 2 | STATE STR SPDR S&P 500 ETF T Put | SPY | 78462F103 | $59.7M | 5.40% | 80,000 | SH |
| 3 | SHARKNINJA INC | SN | G8068L108 | $37.1M | 3.36% | 243,707 | SH |
| 4 | STERLING INFRASTRUCTURE INC | STRL | 859241101 | $36.8M | 3.33% | 43,829 | SH |
| 5 | INTERDIGITAL INC | IDCC | 45867G101 | $36.6M | 3.31% | 129,243 | SH |
| 6 | SPX TECHNOLOGIES INC | SPXC | 78473E103 | $34.8M | 3.14% | 141,750 | SH |
| 7 | LINDE PLC | LIN | G54950103 | $32.5M | 2.94% | 62,717 | SH |
| 8 | VIAVI SOLUTIONS INC | VIAV | 925550105 | $31.0M | 2.80% | 648,400 | SH |
| 9 | ALLEGRO MICROSYSTEMS INC | ALGM | 01749D105 | $30.9M | 2.79% | 443,427 | SH |
| 10 | FLOOR & DECOR HLDGS INC | FND | 339750101 | $30.3M | 2.74% | 510,206 | SH |
| 11 | MILLICOM INTL CELLULAR S A | TIGO | L6388F110 | $29.8M | 2.69% | 328,198 | SH |
| 12 | CAVA GROUP INC | CAVA | 148929102 | $28.4M | 2.57% | 361,344 | SH |
| 13 | FEDERAL SIGNAL CORP | FSS | 313855108 | $27.8M | 2.51% | 216,316 | SH |
| 14 | NEBIUS GROUP N.V. | NBIS | N97284108 | $27.6M | 2.49% | 99,807 | SH |
| 15 | LATTICE SEMICONDUCTOR CORP | LSCC | 518415104 | $27.1M | 2.45% | 177,154 | SH |
| 16 | POWER INTEGRATIONS INC | POWI | 739276103 | $25.8M | 2.33% | 307,841 | SH |
| 17 | AAON INC | AAON | 000360206 | $25.2M | 2.28% | 198,361 | SH |
| 18 | SITIME CORP | SITM | 82982T106 | $25.2M | 2.28% | 33,746 | SH |
| 19 | ADVANCED ENERGY INDS | AEIS | 007973100 | $24.5M | 2.21% | 65,602 | SH |
| 20 | HELIOS TECHNOLOGIES INC | HLIO | 42328H109 | $24.1M | 2.18% | 270,566 | SH |
| 21 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $23.1M | 2.09% | 48,314 | SH |
| 22 | VAIL RESORTS INC | MTN | 91879Q109 | $21.9M | 1.98% | 160,937 | SH |
| 23 | POWELL INDS INC | POWL | 739128106 | $21.3M | 1.92% | 74,295 | SH |
| 24 | HAYWARD HLDGS INC | HAYW | 421298100 | $20.2M | 1.82% | 1,164,861 | SH |
| 25 | FORGENT POWER SOLUTIONS INC | FPS | 34631F102 | $20.2M | 1.82% | 360,862 | SH |
| 26 | SENSIENT TECHNOLOGIES CORP | SXT | 81725T100 | $16.2M | 1.46% | 131,134 | SH |
| 27 | VANGUARD INTL EQUITY INDEX F | VWO | 922042858 | $15.7M | 1.42% | 263,332 | SH |
| 28 | ORMAT TECHNOLOGIES INC | ORA | 686688102 | $15.7M | 1.42% | 143,893 | SH |
| 29 | PELOTON INTERACTIVE INC | PTON | 70614W100 | $15.5M | 1.40% | 2,626,170 | SH |
| 30 | VISTRA CORP Call | VST | 92840M102 | $14.3M | 1.29% | 90,000 | SH |
| 31 | NVIDIA CORPORATION | NVDA | 67066G104 | $14.2M | 1.28% | 70,860 | SH |
| 32 | WILLIAMS COS INC | WMB | 969457100 | $11.5M | 1.04% | 154,707 | SH |
| 33 | VANGUARD STAR FDS | VXUS | 921909768 | $10.5M | 0.95% | 122,377 | SH |
| 34 | TETRA TECHNOLOGIES INC DEL | TTI | 88162F105 | $10.3M | 0.93% | 905,901 | SH |
| 35 | UL SOLUTIONS INC | ULS | 903731107 | $10.1M | 0.91% | 99,097 | SH |
| 36 | PRIMO BRANDS CORPORATION | PRMB | 741623102 | $9.8M | 0.89% | 400,681 | SH |
| 37 | ASML HLDG NV | ASML | N07059210 | $9.3M | 0.84% | 4,659 | SH |
| 38 | ACM RESH INC | ACMR | 00108J109 | $9.0M | 0.81% | 70,569 | SH |
| 39 | FIREFLY AEROSPACE INC | FLY | 31816X106 | $7.6M | 0.69% | 258,509 | SH |
| 40 | CRH PLC | CRH | G25508105 | $7.4M | 0.67% | 69,520 | SH |
| 41 | FIGURE TECHNOLOGY SOLUTIO | FIGR | 349381103 | $6.2M | 0.56% | 202,107 | SH |
| 42 | VISTRA CORP | VST | 92840M102 | $5.2M | 0.47% | 32,515 | SH |
| 43 | UNITED AIRLS HLDGS INC | UAL | 910047109 | $5.1M | 0.46% | 37,700 | SH |
| 44 | TRADEWEB MKTS INC | TW | 892672106 | $5.0M | 0.45% | 49,670 | SH |
| 45 | ASTRAZENECA PLC | AZN | G0593M107 | $4.9M | 0.44% | 25,856 | SH |
| 46 | HDFC BANK LTD | HDB | 40415F101 | $4.9M | 0.44% | 188,760 | SH |
| 47 | NRG ENERGY INC | NRG | 629377508 | $4.9M | 0.44% | 33,269 | SH |
| 48 | AMAZON COM INC | AMZN | 023135106 | $4.1M | 0.37% | 17,168 | SH |
| 49 | MASTEC INC | MTZ | 576323109 | $4.1M | 0.37% | 9,816 | SH |
| 50 | VIASAT INC | VSAT | 92552V100 | $4.0M | 0.36% | 44,000 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $1.11B | 87 | 0001172661-26-003632 |
| 2026-03-31 | 2026-05-15 | $791.3M | 88 | 0001172661-26-002022 |
| 2025-12-31 | 2026-02-17 | $875.4M | 85 | 0001172661-26-000925 |
| 2025-09-30 | 2025-11-14 | $729.9M | 84 | 0001172661-25-004876 |
Filer Information
Address
250 W 55TH STREET, FLOOR 34NEW YORK, NY 10019
Phone
(212) 521-5180
Filing Manager
Aperture Investors, LLC
New York, NY
Signatory
Ryan MacDonald
Chief Compliance Officer