TRAN CAPITAL MANAGEMENT, L.P.

SAN RAFAEL, CA · CIK 1009262 · 13F filing filed 2026-07-15

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$868.7m reported value +19.3% vs Q1 2026

66positions

54.3%in top 10

7 new 12 added 34 reduced 12 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ARM HOLDINGS PLC SPONSORED ADS ARM	ARM	241,540	$85.6m9.86%	9.86%	Reduced -31.4k	-31,367 -11.5%
2	PALO ALTO NETWORKS INC COM PANW	PANW	203,058	$69.2m7.97%	7.97%	Reduced -308	-308 -0.1%
3	NVIDIA CORPORATION COM NVDA	NVDA	291,411	$58.3m6.71%	6.71%	Added +27.0k	+27,022 10.2%
4	AMAZON COM INC COM AMZN	AMZN	175,984	$41.9m4.83%	4.83%	Reduced -1.4k	-1,360 -0.8%
5	ALPHABET INC CAP STK CL A GOOGL	GOOGL	107,489	$38.4m4.42%	4.42%	Reduced -1.1k	-1,116 -1.0%
6	FERGUSON ENTERPRISES INC COMMON STOCK NEW FERG	FERG	160,769	$38.2m4.39%	4.39%	Reduced -2.3k	-2,292 -1.4%
7	GE VERNOVA INC COM GEV	GEV	30,201	$35.5m4.08%	4.08%	Reduced -1.0k	-1,025 -3.3%
8	DANAHER CORPORATION COM DHR	DHR	186,081	$35.4m4.08%	4.08%	Added +10.9k	+10,930 6.2%
9	MICROSOFT CORP COM MSFT	MSFT	92,904	$34.7m3.99%	3.99%	Reduced -1.1k	-1,128 -1.2%
10	TALEN ENERGY CORP COM TLN	TLN	89,430	$34.4m3.96%	3.96%	Reduced -1.3k	-1,282 -1.4%
11	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	68,614	$32.8m3.77%	3.77%	Reduced -1.4k	-1,379 -2.0%
12	PHILLIPS 66 COM PSX	PSX	189,102	$32.0m3.68%	3.68%	Reduced -799	-799 -0.4%
13	INTERNATIONAL FLAVORS&FRAGRA COM IFF	IFF	327,392	$25.9m2.99%	2.99%	Added +887	+887 0.3%
14	MARTIN MARIETTA MATLS INC COM MLM	MLM	43,072	$24.8m2.86%	2.86%	Reduced -817	-817 -1.9%
15	META PLATFORMS INC CL A META	META	41,933	$23.6m2.72%	2.72%	Reduced -4.2k	-4,169 -9.0%
16	TYLER TECHNOLOGIES INC COM TYL	TYL	77,442	$22.6m2.61%	2.61%	Added +17.0k	+16,959 28.0%
17	CROCS INC COM CROX	CROX	158,885	$19.2m2.21%	2.21%	New
18	ELEMENTAL RTY CORP COM NEW ELE	ELE	1,049,124	$18.3m2.11%	2.11%	Added +46.1k	+46,103 4.6%
19	ATI INC COM ATI	ATI	89,993	$17.7m2.04%	2.04%	Reduced -869	-869 -1.0%
20	NETFLIX INC COM NFLX	NFLX	221,959	$15.8m1.82%	1.82%	Reduced -76.5k	-76,542 -25.6%
21	BWX TECHNOLOGIES INC COM BWXT	BWXT	78,531	$15.3m1.76%	1.76%	Reduced -12.0k	-11,974 -13.2%
22	WESCO INTL INC COM WCC	WCC	43,911	$15.2m1.75%	1.75%	Reduced -368	-368 -0.8%
23	MICRON TECHNOLOGY INC COM MU	MU	12,221	$14.1m1.62%	1.62%	New
24	PROGRESSIVE CORP COM PGR	PGR	63,698	$13.9m1.60%	1.60%	Reduced -11.3k	-11,345 -15.1%
25	CF INDS HLDGS INC COM CF	CF	123,491	$13.4m1.54%	1.54%	New
26	AERCAP HOLDINGS NV SHS AER	AER	74,360	$10.8m1.25%	1.25%	Unchanged
27	ALCON AG ORD SHS ALC	ALC	147,625	$9.9m1.14%	1.14%	New
28	TENET HEALTHCARE CORP COM NEW THC	THC	51,427	$9.6m1.11%	1.11%	Added +19.0k	+18,999 58.6%
29	LPL FINL HLDGS INC COM LPLA	LPLA	28,177	$7.9m0.91%	0.91%	Added +26.3k	+26,329 1424.7%
30	QXO INC COM NEW QXO	QXO	386,211	$6.7m0.77%	0.77%	Added +371.8k	+371,777 2575.7%
31	TEXAS PACIFIC LAND CORPORATI COM TPL	TPL	14,641	$6.4m0.74%	0.74%	Added +347	+347 2.4%
32	CLOUDFLARE INC CL A COM NET	NET	16,841	$4.1m0.48%	0.48%	New
33	REDWOOD TRUST INC COM RWT	RWT	628,267	$3.0m0.34%	0.34%	Reduced -77.9k	-77,909 -11.0%
34	SCHWAB STRATEGIC TR INT-TRM U.S TRES SCHR	SCHR	109,300	$2.7m0.31%	0.31%	Reduced -5.6k	-5,578 -4.9%
35	SCHWAB STRATEGIC TR US TIPS ETF SCHP	SCHP	99,399	$2.6m0.30%	0.30%	Reduced -5.2k	-5,234 -5.0%
36	ISHARES TR PFD AND INCM SEC PFF	PFF	86,278	$2.6m0.30%	0.30%	Reduced -4.6k	-4,591 -5.0%
37	VANGUARD SCOTTSDALE FDS MTG-BKD SECS ETF VMBS	VMBS	54,362	$2.5m0.29%	0.29%	Reduced -3.0k	-2,984 -5.2%
38	APPLE INC COM AAPL	AAPL	8,201	$2.4m0.27%	0.27%	Reduced -500	-500 -5.8%
39	ADVANCED MICRO DEVICES INC COM AMD	AMD	3,013	$1.8m0.20%	0.20%	Reduced -861	-861 -22.2%
40	EXTRA SPACE STORAGE INC COM EXR	EXR	11,910	$1.7m0.20%	0.20%	Unchanged
41	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	4,875	$1.7m0.20%	0.20%	Reduced -500	-500 -9.3%
42	FAIR ISAAC CORP COM FICO	FICO	1,229	$1.5m0.17%	0.17%	Reduced -1	-1 -0.1%
43	GRACO INC COM GGG	GGG	17,250	$1.3m0.15%	0.15%	Reduced -800	-800 -4.4%
44	TESLA INC COM TSLA	TSLA	3,030	$1.3m0.15%	0.15%	Reduced -134	-134 -4.2%
45	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	1,601	$1.2m0.14%	0.14%	Added +18	+18 1.1%
46	BLOOM ENERGY CORP COM CL A BE	BE	3,379	$1.0m0.12%	0.12%	Reduced -27	-27 -0.8%
47	SCHWAB CHARLES CORP COM SCHW	SCHW	10,295	$949.9k0.11%	0.11%	Reduced -2.1k	-2,140 -17.2%
48	AFLAC INC COM AFL	AFL	8,000	$938.0k0.11%	0.11%	Unchanged
49	ISHARES TR MSCI EMG MKT ETF EEM	EEM	12,475	$853.4k0.10%	0.10%	Unchanged
50	AIR PRODS & CHEMS INC COM APD	APD	2,343	$686.9k0.08%	0.08%	Reduced -26.8k	-26,823 -92.0%
51	ISHARES TR RUSSELL 2000 ETF IWM	IWM	2,159	$648.7k0.07%	0.07%	Unchanged
52	TEXAS INSTRS INC COM TXN	TXN	2,000	$596.1k0.07%	0.07%	Reduced -1.8k	-1,776 -47.0%
53	VERTIV HOLDINGS CO COM CL A VRT	VRT	1,632	$546.4k0.06%	0.06%	Unchanged
54	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	2,560	$544.7k0.06%	0.06%	Unchanged
55	ISHARES TR CORE MSCI EAFE IEFA	IEFA	4,855	$468.9k0.05%	0.05%	Unchanged
56	ISHARES TR 7-10 YR TRSY BD IEF	IEF	4,230	$400.0k0.05%	0.05%	Added +780	+780 22.6%
57	AMERICAN HEALTHCARE REIT INC COM SHS AHR	AHR	7,350	$383.3k0.04%	0.04%	Unchanged
58	T-MOBILE US INC COM TMUS	TMUS	2,248	$377.1k0.04%	0.04%	Reduced -3.1k	-3,106 -58.0%
59	BROWN FORMAN CORP CL B BF.B	BF.B	11,575	$308.5k0.04%	0.04%	Unchanged
60	BIO-TECHNE CORP COM TECH	TECH	4,000	$282.6k0.03%	0.03%	Unchanged
61	SHERWIN WILLIAMS CO COM SHW	SHW	806	$277.5k0.03%	0.03%	Unchanged
62	ELI LILLY & CO COM LLY	LLY	230	$275.9k0.03%	0.03%	Reduced -896	-896 -79.6%
63	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	500	$250.2k0.03%	0.03%	Unchanged
64	JPMORGAN CHASE & CO COM JPM	JPM	764	$250.1k0.03%	0.03%	Added +3	+3 0.4%
65	AXON ENTERPRISE INC COM AXON	AXON	433	$242.7k0.03%	0.03%	New
66	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	320	$235.6k0.03%	0.03%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
INTUIT INTU	INTU	44,601	$19.3m44.6k shares
VENTURE GLOBAL INC VG	VG	722,146	$11.4m722.1k shares
MARKEL GROUP INC MKL	MKL	3,670	$7.0m3.7k shares
SPS COMM INC SPSC	SPSC	89,538	$5.0m89.5k shares
L3HARRIS TECHNOLOGIES INC LHX	LHX	3,532	$1.2m3.5k shares
ENTEGRIS INC ENTG	ENTG	7,076	$829.6k7.1k shares
AUTOMATIC DATA PROCESSING IN ADP	ADP	3,927	$797.9k3.9k shares
PAYCHEX INC PAYX	PAYX	7,887	$726.5k7.9k shares
AVANTOR INC AVTR	AVTR	86,908	$681.4k86.9k shares
CISCO SYS INC CSCO	CSCO	8,500	$659.5k8.5k shares
JOHNSON & JOHNSON JNJ	JNJ	1,600	$391.1k1.6k shares
HOME DEPOT INC HD	HD	794	$261.2k794 shares