Latest Firsthand Capital Management, Inc. Stock Portfolio
Firsthand Capital Management, Inc. Performance:
2024 Q3: 3.36%YTD: -11.95%2023: 4.42%
Performance for 2024 Q3 is 3.36%, and YTD is -11.95%, and 2023 is 4.42%.
About Firsthand Capital Management, Inc. and 13F Hedge Fund Stock Holdings
Firsthand Capital Management, Inc. is a hedge fund based in SAN JOSE, CA. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $127.9 Millions. In it's latest 13F Holdings report, Firsthand Capital Management, Inc. reported an equity portfolio of $50.7 Millions as of 30 Sep, 2024.
The top stock holdings of Firsthand Capital Management, Inc. are ROKU, KTOS, NFLX. The fund has invested 11.1% of it's portfolio in ROKU INC and 9.2% of portfolio in KRATOS DEFENSE & SECURITY SOLUTIONS INC.
The fund managers got completely rid off DOCUSIGN INC (BILL), ON SEMICONDUCTOR CORP and EVGO INC (TWLO) stocks. They significantly reduced their stock positions in ACCELLERON INDUSTRIES AG, POWER INTEGRATIONS INC (POWI) and ON SEMICONDUCTOR CORP (ON). Firsthand Capital Management, Inc. opened new stock positions in PALANTIR TECHNOLOGIES INC (PLTR), LOCKHEED MARTIN CORP (LMT) and ABB LTD. The fund showed a lot of confidence in some stocks as they added substantially to ROKU INC (ROKU), PAGERDUTY INC (PD) and KRATOS DEFENSE & SECURITY SOLUTIONS INC (KTOS).
The top stock holdings of Firsthand Capital Management, Inc. are ROKU, KTOS, NFLX. The fund has invested 11.1% of it's portfolio in ROKU INC and 9.2% of portfolio in KRATOS DEFENSE & SECURITY SOLUTIONS INC.
The fund managers got completely rid off DOCUSIGN INC (BILL), ON SEMICONDUCTOR CORP and EVGO INC (TWLO) stocks. They significantly reduced their stock positions in ACCELLERON INDUSTRIES AG, POWER INTEGRATIONS INC (POWI) and ON SEMICONDUCTOR CORP (ON). Firsthand Capital Management, Inc. opened new stock positions in PALANTIR TECHNOLOGIES INC (PLTR), LOCKHEED MARTIN CORP (LMT) and ABB LTD. The fund showed a lot of confidence in some stocks as they added substantially to ROKU INC (ROKU), PAGERDUTY INC (PD) and KRATOS DEFENSE & SECURITY SOLUTIONS INC (KTOS).
Firsthand Capital Management, Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Firsthand Capital Management, Inc. made a return of 3.36% in the last quarter. In trailing 12 months, it's portfolio return was -7.94%.
New Buys
| Ticker | $ Bought |
|---|---|
| palantir technologies inc | 3,162,000 |
| lockheed martin corp | 1,169,120 |
| abb ltd | 405,440 |
| arq inc | 39,916 |
| orion energy systems inc | 11,997 |
New stocks bought by Firsthand Capital Management, Inc.
Additions
| Ticker | % Inc. |
|---|---|
| roku inc | 21,328 |
| pagerduty inc | 8,900 |
| kratos defense & security solutions inc | 3,900 |
| evgo inc | 2,403 |
| aspen aerogels inc | 2,000 |
| okta inc | 1,624 |
| chegg inc | 1,030 |
| enovix corp | 500 |
Additions to existing portfolio by Firsthand Capital Management, Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| accelleron industries ag | -98.25 |
| power integrations inc | -97.87 |
| on semiconductor corp | -95.12 |
| honeywell international inc | -94.2 |
| enphase energy inc | -93.08 |
| koninklijke philips nv | -92.49 |
| palo alto networks inc | -90.00 |
| sunrun inc | -86.35 |
Firsthand Capital Management, Inc. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| evgo inc | -147,000 |
| docusign inc | -2,140,000 |
| sunpower corp | -88,596 |
| on semiconductor corp | -685,500 |
Firsthand Capital Management, Inc. got rid off the above stocks
Sector Distribution
Firsthand Capital Management, Inc. has about 54.5% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 54.5 |
| Industrials | 20.7 |
| Communication Services | 18 |
| Consumer Cyclical | 2.4 |
| Others | 1.8 |
| Financial Services | 1.5 |
| Consumer Defensive | 1.1 |
Market Cap. Distribution
Firsthand Capital Management, Inc. has about 56% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 46.9 |
| MID-CAP | 23.2 |
| SMALL-CAP | 18.9 |
| MEGA-CAP | 9.1 |
| UNALLOCATED | 1.8 |
Stocks belong to which Index?
About 54.7% of the stocks held by Firsthand Capital Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 45.3 |
| S&P 500 | 28.1 |
| RUSSELL 2000 | 26.6 |
Firsthand Capital Management, Inc. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Firsthand Capital Management, Inc.
Firsthand Capital Management, Inc. has 45 stocks in it's portfolio. About 62.5% of the portfolio is in top 10 stocks. ASPN proved to be the most loss making stock for the portfolio. NFLX was the most profitable stock for Firsthand Capital Management, Inc. last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ACLS | axcelis technologies inc | 0.83 | 4,000 | 419,400 | reduced | -73.33 | ||
| ADES | arq inc | 0.08 | 6,800 | 39,916 | new | |||
| ASPN | aspen aerogels inc | 5.74 | 105,000 | 2,907,450 | added | 2,000 | ||
| BILL | docusign inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CARR | carrier global corp | 0.16 | 1,000 | 80,490 | reduced | -80.00 | ||
| CHGG | chegg inc | 0.91 | 260,000 | 460,200 | added | 1,030 | ||
| CHPT | chargepoint holdings inc | 0.16 | 60,000 | 82,200 | reduced | -16.2 | ||
| COUR | coursera inc | 0.16 | 10,000 | 79,400 | reduced | -28.57 | ||
| DOCU | docusign inc | 3.67 | 30,000 | 1,862,700 | reduced | -71.43 | ||
| DOMO | domo inc | 3.41 | 230,000 | 1,727,300 | unchanged | 0.00 | ||
| ENPH | enphase energy inc | 4.01 | 18,000 | 2,034,360 | reduced | -93.08 | ||
| ENVX | enovix corp | 0.55 | 30,000 | 280,200 | added | 500 | ||
| EVGO | evgo inc | 0.33 | 40,000 | 165,600 | added | 2,403 | ||
| FSLR | first solar inc | 1.97 | 4,000 | 997,760 | reduced | -31.03 | ||
| FSLY | fastly inc | 0.75 | 50,000 | 378,500 | added | 150 | ||
| GLW | corning inc | 1.02 | 11,460 | 517,419 | added | 14.6 | ||
| HON | honeywell international inc | 0.24 | 580 | 119,892 | reduced | -94.2 | ||
| ITRI | itron inc | 0.96 | 4,565 | 487,588 | reduced | -67.39 | ||
| IVAC | intevac inc | 0.04 | 5,800 | 19,720 | reduced | -17.14 | ||
| KTOS | kratos defense & security solutions inc | 9.20 | 200,000 | 4,660,000 | added | 3,900 | ||