Connective Capital Management, LLC

PALO ALTO, CA · CIK 1543568 · 13F filing filed 2026-08-13

SEC-registered investment adviser since 2012 · limited liability company

Assets managed$230.1m
Staff10 · 3 in investment roles
Main clients (by assets)Private funds 100%
Private funds2 (2 hedge) · $230.1m gross assets
Websiteconnectcap.com
Form ADV · 2026-04-09SEC adviser record

Legal entityCONNECTIVE CAPITAL MANAGEMENT, LLC (US)

Kindhedge funds
Others nearbyPalo Alto, CA

As an employer

Offices in1 country
Private fundshedge 2

US visa salary filings

Filings FY20241
Median salary offered$110,677
Middle half$110,677 – $110,677
Job titles1

Job title	Filings	Median	Range
Investment Research AnalystPalo Alto, CA	1	$110,677

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Connective Capital Management, LLC.

$141.9m reported value +17.2% vs Q1 2026

70positions

68.5%in top 10

30 new 13 added 4 reduced 26 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	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	48,645	$35.8m25.24%	25.24%	Added +12.8k	+12,850 35.9%
2	PROSHARES TR PSHS ULTRA QQQ QLD	QLD	105,918	$10.2m7.22%	7.22%	Unchanged
3	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	23,392	$9.3m6.55%	6.55%	Unchanged
4	ADVANCED MICRO DEVICES INC COM AMD	AMD	12,189	$7.1m4.99%	4.99%	Added +11.0k	+10,979 907.4%
5	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	13,191	$6.3m4.44%	4.44%	New
6	DOORDASH INC CL A DASH	DASH	31,569	$5.8m4.10%	4.10%	Added +1.5k	+1,490 5.0%
7	NVIDIA CORPORATION COM NVDA	NVDA	29,025	$5.8m4.09%	4.09%	Added +27.4k	+27,440 1731.2%
8	BROADCOM INC COM AVGO	AVGO	15,089	$5.7m4.02%	4.02%	Added +14.2k	+14,185 1569.1%
9	APPLE INC COM AAPL	AAPL	19,379	$5.6m3.95%	3.95%	Unchanged
10	COSTCO WHSL CORP NEW COM COST	COST	5,935	$5.6m3.91%	3.91%	Added +5.6k	+5,621 1790.1%
11	MICROSOFT CORP COM MSFT	MSFT	14,354	$5.4m3.77%	3.77%	Unchanged
12	ISHARES TR RUS 2000 GRW ETF IWO	IWO	13,453	$5.3m3.73%	3.73%	Unchanged
13	QUALCOMM INC COM QCOM	QCOM	27,957	$5.2m3.64%	3.64%	Reduced -7.1k	-7,074 -20.2%
14	MARVELL TECHNOLOGY INC COM MRVL	MRVL	12,580	$3.7m2.64%	2.64%	New
15	ALPHABET INC CAP STK CL A GOOGL	GOOGL	6,689	$2.4m1.68%	1.68%	Unchanged
16	CAMECO CORP COM CCJ	CCJ	18,760	$1.9m1.35%	1.35%	Unchanged
17	AMAZON COM INC COM AMZN	AMZN	7,580	$1.8m1.27%	1.27%	Added +1.4k	+1,428 23.2%
18	META PLATFORMS INC CL A META	META	3,122	$1.8m1.24%	1.24%	Added +1.2k	+1,204 62.8%
19	MERCADOLIBRE INC COM MELI	MELI	830	$1.4m0.99%	0.99%	Reduced -419	-419 -33.5%
20	UNUSUAL MACHS INC COM SHS UMAC	UMAC	58,701	$1.3m0.92%	0.92%	Reduced -50.3k	-50,259 -46.1%
21	SPDR SER TR S&P BIOTECH XBI	XBI	6,736	$1.1m0.75%	0.75%	Reduced -16.5k	-16,512 -71.0%
22	MICRON TECHNOLOGY INC COM MU	MU	683	$788.4k0.56%	0.56%	Unchanged
23	DOMINARI HOLDINGS INC COM NEW DOMH	DOMH	243,223	$763.7k0.54%	0.54%	Added +129.0k	+128,994 112.9%
24	SPDR GOLD TR GOLD SHS GLD	GLD	1,825	$672.3k0.47%	0.47%	Added +307	+307 20.2%
25	SYNOPSYS INC COM SNPS	SNPS	1,383	$616.9k0.43%	0.43%	Unchanged
26	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	8,043	$606.8k0.43%	0.43%	Unchanged
27	LAM RESEARCH CORP COM NEW LRCX	LRCX	1,256	$544.3k0.38%	0.38%	Unchanged
28	GORILLA TECHNOLOGY GROUP INC SHS NEW GRRR	GRRR	24,268	$482.4k0.34%	0.34%	New
29	CREXENDO INC COM CXDO	CXDO	62,229	$464.9k0.33%	0.33%	New
30	CISCO SYS INC COM CSCO	CSCO	3,705	$435.2k0.31%	0.31%	Unchanged
31	AMERICAN BATTERY TECHNOLOGY COM NEW ABAT	ABAT	148,524	$420.3k0.30%	0.30%	New
32	KOPIN CORP COM KOPN	KOPN	90,635	$406.0k0.29%	0.29%	New
33	CONSTELLATION ENERGY CORP COM CEG	CEG	1,621	$402.6k0.28%	0.28%	Added +485	+485 42.7%
34	BLACKSKY TECHNOLOGY INC CL A NEW BKSY	BKSY	14,341	$400.4k0.28%	0.28%	New
35	VANECK ETF TRUST JUNIOR GOLD MINE GDXJ	GDXJ	4,058	$398.7k0.28%	0.28%	Unchanged
36	INTUITIVE MACHINES INC CLASS A COM LUNR	LUNR	18,364	$392.8k0.28%	0.28%	New
37	SHARONAI HOLDINGS INC COM CL A SHAZ	SHAZ	4,323	$366.0k0.26%	0.26%	New
38	VELO3D INC COM NEW VELO	VELO	19,659	$345.0k0.24%	0.24%	New
39	POLYPID LTD COM PYPD	PYPD	67,600	$343.4k0.24%	0.24%	New
40	IDENTIV INC COM NEW INVE	INVE	130,120	$327.9k0.23%	0.23%	New
41	PAYSIGN INC COM PAYS	PAYS	39,885	$326.7k0.23%	0.23%	New
42	ALPHABET INC CAP STK CL C GOOG	GOOG	876	$309.5k0.22%	0.22%	Unchanged
43	TESLA INC COM TSLA	TSLA	715	$300.7k0.21%	0.21%	Unchanged
44	ECO WAVE POWER GLOBAL AB SPONSORED ADS WAVE	WAVE	32,234	$291.7k0.21%	0.21%	New
45	WALMART INC COM WMT	WMT	2,451	$277.6k0.20%	0.20%	Unchanged
46	NANOVIRICIDES INC COM NNVC	NNVC	185,217	$255.6k0.18%	0.18%	New
47	NETFLIX INC COM NFLX	NFLX	3,561	$254.3k0.18%	0.18%	Unchanged
48	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	2,004	$233.8k0.16%	0.16%	Unchanged
49	CODA OCTOPUS GROUP INC COM NEW CODA	CODA	22,478	$219.6k0.15%	0.15%	Unchanged
50	ONE STOP SYS INC COM OSS	OSS	11,198	$203.6k0.14%	0.14%	New
51	ONCOLYTICS BIOTECH INC COM NEW ONCY	ONCY	185,712	$176.4k0.12%	0.12%	New
52	DINE BRANDS GLOBAL INC COM DIN	DIN	4,686	$168.2k0.12%	0.12%	New
53	FTAI INFRASTRUCTURE INC COMMON STOCK FIP	FIP	36,057	$167.3k0.12%	0.12%	New
54	PROCESSA PHARMACEUTICALS INC COM SHS PCSA	PCSA	85,274	$163.7k0.12%	0.12%	Added +14.5k	+14,538 20.6%
55	IPERIONX LTD SPONSORED ADS IPX	IPX	5,367	$159.6k0.11%	0.11%	New
56	UNITED STATES ANTIMONY CORP COM UAMY	UAMY	19,984	$145.1k0.10%	0.10%	New
57	SNDL INC COM SNDL	SNDL	95,656	$129.1k0.09%	0.09%	New
58	SILVER BOW MNG CORP COMMON SHARES SBMT	SBMT	15,000	$101.4k0.07%	0.07%	New
59	ISHARES ETHEREUM TR SHS ETHA	ETHA	8,492	$101.0k0.07%	0.07%	Added +2.4k	+2,430 40.1%
60	CAPSOVISION INC COM CV	CV	9,961	$75.5k0.05%	0.05%	New
61	1 800 FLOWERS COM INC CL A FLWS	FLWS	18,482	$64.3k0.05%	0.05%	New
62	SOW GOOD INC COM SOWG	SOWG	12,354	$51.5k0.04%	0.04%	New
63	AGEAGLE AERIAL SYS INC NEW COM SHS UAVS	UAVS	36,508	$32.5k0.02%	0.02%	New
64	I-80 GOLD CORP *W EXP 11/16/202 IAUX.WS	IAUX.WS	30,000	$25.5k0.02%	0.02%	New
65	ELMET GROUP CO (THE) COMMON STOCK ELMT	ELMT	1,000	$19.7k0.01%	0.01%	New
66	HCW BIOLOGICS INC COM HCWB	HCWB	3,338	$16.7k0.01%	0.01%	New
67	CLEANSPARK INC *W EXP 12/29/202 CLSKW	CLSKW	17,500	$5.2k0.00%	0.00%	Unchanged
68	MEDICUS PHARMA LTD *W EXP 11/15/202 MDCXW	MDCXW	6,000	$3.9k0.00%	0.00%	Unchanged
69	LISATA THERAPEUTICS INC COM LSTA	LSTA	1,016	$3.5k0.00%	0.00%	Unchanged
70	MOBIX LABS INC *W EXP 12/21/202 MOBXW	MOBXW	22,397	$2.0k0.00%	0.00%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
PALO ALTO NETWORKS INC PANW	PANW	29,650	$4.8m29.6k shares
SHOPIFY INC SHOP	SHOP	38,913	$4.6m38.9k shares
MONOLITHIC PWR SYS INC MPWR	MPWR	4,105	$4.5m4.1k shares
KLA CORP KLAC	KLAC	29,480	$4.3m29.5k shares
ARM HOLDINGS PLC ARM	ARM	28,652	$4.3m28.7k shares
APPLIED MATLS INC AMAT	AMAT	12,349	$4.2m12.3k shares
EXXON MOBIL CORP XOM	XOM	23,739	$4.0m23.7k shares
UNITEDHEALTH GROUP INC UNH	UNH	7,829	$2.1m7.8k shares
CONOCOPHILLIPS COP	COP	15,396	$2.0m15.4k shares
ROBINHOOD MKTS INC HOOD	HOOD	13,518	$936.8k13.5k shares
VISHAY PRECISION GROUP INC VPG	VPG	16,425	$713.2k16.4k shares
SPDR SERIES TRUST XAR	XAR	2,480	$629.9k2.5k shares
CIBUS INC CBUS	CBUS	279,000	$552.4k279.0k shares
ENERGY RECOVERY INC ERII	ERII	49,026	$493.7k49.0k shares
GRACE THERAPEUTICS INC GRCE	GRCE	84,549	$391.5k84.5k shares
ACTUATE THERAPEUTICS INC ACTU	ACTU	113,266	$310.3k113.3k shares
ANGEL STUDIOS INC ANGX	ANGX	65,090	$198.5k65.1k shares
VERTICAL AEROSPACE LTD EVTL	EVTL	71,000	$156.9k71.0k shares
MOBILE INFRASTRUCTURE CORP BEEP	BEEP	68,696	$153.9k68.7k shares
DEFI TECHNOLOGIES INC DEFT	DEFT	182,816	$101.0k182.8k shares
FIDELITY WISE ORIGIN BITCOIN FBTC	FBTC	1,556	$91.9k1.6k shares
GUARDIAN METAL RES PLC GMTL	GMTL	5,000	$87.4k5.0k shares
SNAIL INC		154,523	$79.0k154.5k shares
OUTLOOK THERAPEUTICS INC OTLK	OTLK	200,000	$41.2k200.0k shares
ADDENTAX GROUP CORP ATXG	ATXG	5,558	$30.6k5.6k shares