THAMES CAPITAL MANAGEMENT LLC

Roseland, NJ · CIK 1714267 · 13F filing filed 2026-08-12

SEC-registered investment adviser since 2018 · limited liability company

Assets managed$830.5m
Staff6 · 3 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $830.5m gross assets
Websitethamescapitalmanagement.com
Form ADV · 2026-03-27SEC adviser record

$1.2bn reported value +118.0% vs Q1 2026

56positions

36.6%in top 10

24 new 9 added 13 reduced 11 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	STATE STR CORP COM STT	STT	337,558	$57.2m4.71%	4.71%	Added +201.2k	+201,215 147.6%
2	GE AEROSPACE COM NEW GE	GE	146,383	$54.7m4.50%	4.50%	Added +84.3k	+84,322 135.9%
3	MICRON TECHNOLOGY INC COM MU	MU	45,388	$52.4m4.31%	4.31%	Reduced -4.8k	-4,839 -9.6%
4	GE VERNOVA INC COM GEV	GEV	43,318	$50.9m4.19%	4.19%	Reduced -7.1k	-7,066 -14.0%
5	VERTIV HOLDINGS CO COM CL A VRT	VRT	122,240	$40.9m3.37%	3.37%	Reduced -43.0k	-42,951 -26.0%
6	HUT 8 CORP COM HUT	HUT	351,973	$40.6m3.34%	3.34%	Reduced -73.4k	-73,364 -17.2%
7	ADVANCED MICRO DEVICES INC COM AMD	AMD	66,972	$38.9m3.20%	3.20%	New
8	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	77,008	$36.8m3.02%	3.02%	Added +219	+219 0.3%
9	NEBIUS GROUP N.V. SHS CLASS A NBIS	NBIS	132,768	$36.7m3.02%	3.02%	New
10	MKS INC. COM MKSI	MKSI	79,395	$35.3m2.90%	2.90%	Added +11.7k	+11,727 17.3%
11	NOKIA CORP SPONSORED ADR NOK	NOK	2,550,584	$33.9m2.79%	2.79%	New
12	SANDISK CORP COM SNDK	SNDK	14,808	$33.7m2.77%	2.77%	Reduced -7.8k	-7,828 -34.6%
13	RIOT PLATFORMS INC COM RIOT	RIOT	1,201,609	$32.9m2.71%	2.71%	New
14	INTEL CORP COM INTC	INTC	223,725	$31.2m2.57%	2.57%	New
15	KLA CORP COM NEW KLAC	KLAC	94,720	$28.6m2.35%	2.35%	New
16	ASTERA LABS INC COM ALAB	ALAB	57,733	$27.9m2.29%	2.29%	New
17	TERAWULF INC COM WULF	WULF	1,090,203	$26.9m2.21%	2.21%	Added +304.3k	+304,265 38.7%
18	NORTHERN TR CORP COM NTRS	NTRS	150,619	$26.2m2.15%	2.15%	New
19	ADVANCED ENERGY INDS COM AEIS	AEIS	70,220	$26.2m2.15%	2.15%	Added +32.0k	+31,953 83.5%
20	AMPHENOL CORP CL A APH	APH	142,139	$25.1m2.06%	2.06%	Reduced -3.5k	-3,536 -2.4%
21	FLEX LTD ORD FLEX	FLEX	149,474	$24.2m1.99%	1.99%	New
22	NVIDIA CORPORATION COM NVDA	NVDA	116,169	$23.2m1.91%	1.91%	Unchanged
23	BROADCOM INC COM AVGO	AVGO	60,391	$22.8m1.88%	1.88%	New
24	FORGENT POWER SOLUTIONS INC COM SHS CL A FPS	FPS	398,912	$22.3m1.83%	1.83%	New
25	CITIGROUP INC COM NEW C	C	153,039	$21.4m1.76%	1.76%	New
26	KEEL INFRASTRUCTURE CORP COM SHS KEEL	KEEL	3,622,886	$20.8m1.71%	1.71%	New
27	APPLIED MATLS INC COM AMAT	AMAT	28,138	$20.3m1.67%	1.67%	New
28	COHERENT CORP COM COHR	COHR	45,883	$18.1m1.49%	1.49%	Reduced -8.7k	-8,698 -15.9%
29	APPLE INC COM AAPL	AAPL	61,806	$17.9m1.47%	1.47%	Unchanged
30	MASTERCARD INCORPORATED CL A MA	MA	34,663	$17.8m1.46%	1.46%	Unchanged
31	SILICON MOTION TECHNOLOGY CO SPONSORED ADR SIMO	SIMO	52,823	$17.6m1.45%	1.45%	Added +6.5k	+6,479 14.0%
32	VARONIS SYS INC COM VRNS	VRNS	381,281	$16.0m1.32%	1.32%	New
33	VISA INC COM CL A V	V	45,662	$15.7m1.29%	1.29%	Unchanged
34	ARGAN INC COM AGX	AGX	19,514	$15.6m1.28%	1.28%	Reduced -16.9k	-16,944 -46.5%
35	AMKOR TECHNOLOGY INC COM AMKR	AMKR	177,301	$15.3m1.26%	1.26%	New
36	FABRINET SHS FN	FN	26,114	$14.7m1.21%	1.21%	Reduced -8.5k	-8,483 -24.5%
37	CIPHER MINING INC COM CIFR	CIFR	595,538	$14.6m1.20%	1.20%	New
38	ARTERIS INC COM AIP	AIP	293,973	$14.3m1.17%	1.17%	Unchanged
39	PENGUIN SOLUTIONS INC COM PENG	PENG	185,128	$14.1m1.16%	1.16%	New
40	META PLATFORMS INC CL A META	META	24,794	$14.0m1.15%	1.15%	Unchanged
41	BROOKDALE SR LIVING INC COM BKD	BKD	757,710	$12.2m1.00%	1.00%	Unchanged
42	JABIL INC COM JBL	JBL	31,457	$12.1m1.00%	1.00%	Added +22.6k	+22,585 254.6%
43	APPLIED DIGITAL CORP COM NEW APLD	APLD	288,167	$10.7m0.88%	0.88%	New
44	LAM RESEARCH CORP COM NEW LRCX	LRCX	22,365	$9.7m0.80%	0.80%	New
45	COMFORT SYS USA INC COM FIX	FIX	4,561	$9.0m0.74%	0.74%	Reduced -5.5k	-5,548 -54.9%
46	STERLING INFRASTRUCTURE INC COM STRL	STRL	9,002	$7.6m0.62%	0.62%	Reduced -6.7k	-6,660 -42.5%
47	CELESTICA INC COM CLS	CLS	19,655	$7.2m0.59%	0.59%	Unchanged
48	LUMENTUM HLDGS INC COM LITE	LITE	8,324	$7.1m0.59%	0.59%	Reduced -3.9k	-3,943 -32.1%
49	MACOM TECH SOLUTIONS HLDGS I COM MTSI	MTSI	17,960	$6.8m0.56%	0.56%	Unchanged
50	AMAZON COM INC COM AMZN	AMZN	28,290	$6.7m0.55%	0.55%	New
51	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	13,202	$6.6m0.54%	0.54%	Unchanged
52	CANTOR EQUITY PARTNERS I INC SHS CL A CEPO	CEPO	362,904	$4.9m0.40%	0.40%	New
53	IREN LIMITED ORDINARY SHARES IREN	IREN	99,516	$4.6m0.37%	0.37%	Reduced -38.8k	-38,848 -28.1%
54	LATTICE SEMICONDUCTOR CORP COM LSCC	LSCC	29,530	$4.5m0.37%	0.37%	New
55	QUANTUMSCAPE CORP COM CL A QS	QS	574,028	$4.3m0.36%	0.36%	Added +204.3k	+204,342 55.3%
56	ANALOG DEVICES INC COM ADI	ADI	10,576	$4.2m0.35%	0.35%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ONDAS INC ONDS	ONDS	1,614,315	$14.6m1.6m shares
PRIMORIS SVCS CORP PRIM	PRIM	100,005	$14.3m100.0k shares
ROCKET COS INC RKT	RKT	932,268	$13.3m932.3k shares
DIGITALOCEAN HLDGS INC DOCN	DOCN	145,984	$12.5m146.0k shares
DIREXION SHS ETF TR SOXL	SOXL	227,953	$10.9m228.0k shares
AMPRIUS TECHNOLOGIES INC AMPX	AMPX	526,832	$8.9m526.8k shares
SPOTIFY TECHNOLOGY S A SPOT	SPOT	14,828	$7.2m14.8k shares
APPLIED OPTOELECTRONICS INC AAOI	AAOI	74,334	$6.3m74.3k shares
UBER TECHNOLOGIES INC UBER	UBER	53,601	$3.9m53.6k shares
IDAHO STRATEGIC RESOURCES IDR	IDR	91,929	$3.0m91.9k shares
TETRA TECHNOLOGIES INC DEL TTI	TTI	116,196	$990.0k116.2k shares