Connective Portfolio Management, LLC — 13F Holdings & Portfolio
CIK 1905083 · latest 13F-HR filed 2026-04-16
Connective Portfolio Management, LLC manages $36.9M in 13F-reported U.S. long-equity assets across 25 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are IAU (11.23%), PHYS (8.90%), PBR (7.88%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 9 new positions, exited 22, added to 5, and trimmed 11.
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.
$36.9M
Long-equity book
25
Distinct positions
2026-03-31
Filed 2026-04-16
+9 / −22 / ↑5 / ↓11
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- SHELL PLC$589.4K +26.6%
- SPROTT ASSET MANAGEMENT LP$480.5K +17.1%
- CHEVRON CORPORATION$465.2K +41.3%
- ISHARES TR$316.0K +12.5%
- QUANTA SVCS INC$104.7K +19.0%
Top Trims
- JPMORGAN CHASE & CO-$1.2M -51.4%
- SPDR GOLD TR-$1.2M -32.1%
- NVIDIA CORPORATION-$1.1M -34.9%
- SELECT SECTOR SPDR TR-$986.1K -49.0%
- PLANET LABS PBC-$906.8K -57.5%
New Positions
- PETROLEO BRASILEIRO S A$2.9M
- BHP BILLITON LIMITED$1.5M
- NEXGEN ENERGY LTD$1.1M
- CAMECO CORP$1.0M
- MDA SPACE LTD$784.8K
Exited Positions
- ALPHABET INC$3.2M
- INTEL CORP$1.9M
- APPLE INC$1.8M
- CITIGROUP INC$1.5M
- GENERAL MTRS CO$1.3M
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 | ISHARES GOLD TR | IAU | 464285204 | $4.1M | 11.23% | 47,029 | SH |
| 2 | SPROTT ASSET MANAGEMENT LP | PHYS | 85207H104 | $3.3M | 8.90% | 85,000 | SH |
| 3 | PETROLEO BRASILEIRO S A | PBR | 71654V408 | $2.9M | 7.88% | 140,200 | SH |
| 4 | ISHARES TR | EEM | 464287234 | $2.8M | 7.69% | 50,000 | SH |
| 5 | SHELL PLC | SHEL | 780259305 | $2.8M | 7.60% | 30,195 | SH |
| 6 | SPDR GOLD TR | GLD | 78463V107 | $2.5M | 6.89% | 5,915 | SH |
| 7 | NVIDIA CORPORATION | NVDA | 67066G104 | $2.0M | 5.42% | 11,475 | SH |
| 8 | MICROSOFT CORP | MSFT | 594918104 | $1.9M | 5.04% | 5,024 | SH |
| 9 | CHEVRON CORPORATION | CVX | 166764100 | $1.6M | 4.31% | 7,699 | SH |
| 10 | BHP BILLITON LIMITED | BHP | 088606108 | $1.5M | 3.94% | 20,000 | SH |
| 11 | BROADCOM INC | AVGO | 11135F101 | $1.3M | 3.60% | 4,295 | SH |
| 12 | JPMORGAN CHASE & CO | JPM | 46625H100 | $1.2M | 3.17% | 3,980 | SH |
| 13 | NEXGEN ENERGY LTD | NXE | 65340P106 | $1.1M | 2.91% | 93,000 | SH |
| 14 | ROCKET LAB CORP | RKLB | 773121108 | $1.0M | 2.78% | 16,000 | SH |
| 15 | SELECT SECTOR SPDR TR | XLV | 81369Y209 | $1.0M | 2.78% | 7,000 | SH |
| 16 | CAMECO CORP | CCJ | 13321L108 | $1.0M | 2.73% | 9,300 | SH |
| 17 | MDA SPACE LTD | MDA | 55293N109 | $784.8K | 2.13% | 31,000 | SH |
| 18 | PLANET LABS PBC | PL | 72703X106 | $670.8K | 1.82% | 24,000 | SH |
| 19 | QUANTA SVCS INC | PWR | 74762E102 | $655.5K | 1.78% | 1,194 | SH |
| 20 | PAMPA ENERGIA SA | PAM | 697660207 | $619.5K | 1.68% | 7,000 | SH |
| 21 | MASTERCARD INCORPORATED | MA | 57636Q104 | $617.1K | 1.67% | 1,235 | SH |
| 22 | ALMONTY INDS INC | ALM | 020398707 | $434.4K | 1.18% | 30,000 | SH |
| 23 | CHIPOTLE MEXICAN GRILL INC | CMG | 169656105 | $412.1K | 1.12% | 12,875 | SH |
| 24 | HECLA MINING COMPANY | HL | 422704106 | $354.0K | 0.96% | 19,000 | SH |
| 25 | ABIVAX SA | ABVX | 00370M103 | $300.6K | 0.81% | 2,700 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-16 | $36.9M | 25 | 0001905083-26-000002 |
| 2025-12-31 | 2026-01-12 | $55.5M | 38 | 0001905083-26-000001 |