Heard Capital LLC

Chicago, IL · CIK 1796409 · 13F filing filed 2026-08-11

SEC-registered investment adviser since 2019 · limited liability company

Assets managed$2.4bn
Staff10 · 5 in investment roles
Main clients (by assets)Private funds 65%, Pension plans 26%, State and local governments 5%
Private funds1 (1 hedge) · $1.5bn gross assets
Websiteheardcapital.com
Form ADV · 2026-08-07SEC adviser record

Legal entityHeard Capital LLC (US)

$2.3bn reported value +20.8% vs Q1 2026

21positions

81.8%in top 10

2 new 6 added 7 reduced 2 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	LAM RESEARCH CORP COM NEW LRCX	LRCX	757,760	$328.4m14.05%	14.05%	Reduced -313.1k	-313,120 -29.2%
2	TRANSDIGM GROUP INC COM TDG	TDG	186,289	$248.1m10.62%	10.62%	Added +7.7k	+7,679 4.3%
3	FAIR ISAAC CORP COM FICO	FICO	195,527	$233.6m10.00%	10.00%	Added +17.1k	+17,117 9.6%
4	APOLLO GLOBAL MGMT INC COM APO	APO	1,690,310	$200.0m8.56%	8.56%	Added +8.8k	+8,790 0.5%
5	ANTERIX INC COM ATEX	ATEX	1,716,738	$176.7m7.56%	7.56%	Unchanged
6	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	1,389,846	$162.2m6.94%	6.94%	Added +68.1k	+68,101 5.2%
7	AEROVIRONMENT INC COM AVAV	AVAV	903,975	$149.2m6.39%	6.39%	Added +182.6k	+182,623 25.3%
8	BLACKSTONE INC COM BX	BX	1,217,600	$143.3m6.13%	6.13%	Reduced -15.3k	-15,290 -1.2%
9	BLOOM ENERGY CORP COM CL A BE	BE	448,808	$135.9m5.81%	5.81%	New
10	MARVELL TECHNOLOGY INC COM MRVL	MRVL	447,977	$133.4m5.71%	5.71%	New
11	AMERICAN TOWER CORP NEW COM AMT	AMT	804,848	$131.6m5.63%	5.63%	Reduced -307.3k	-307,257 -27.6%
12	AMERICAN EXPRESS CO COM AXP	AXP	339,427	$114.8m4.91%	4.91%	Reduced -400	-400 -0.1%
13	ELBIT SYS LTD ORD ESLT	ESLT	130,840	$99.3m4.25%	4.25%	Added +22.4k	+22,449 20.7%
14	MOELIS & CO CL A MC	MC	979,810	$64.1m2.74%	2.74%	Unchanged
15	EQUINIX INC COM EQIX	EQIX	5,160	$5.4m0.23%	0.23%	Unchanged
16	AMAZON COM INC COM AMZN	AMZN	18,060	$4.3m0.18%	0.18%	Unchanged
17	QUALCOMM INC COM QCOM	QCOM	12,640	$2.3m0.10%	0.10%	Reduced -9.0k	-8,980 -41.5%
18	ADOBE INC COM ADBE	ADBE	6,700	$1.4m0.06%	0.06%	Reduced -437.6k	-437,625 -98.5%
19	ARES MANAGEMENT CORPORATION CL A COM STK ARES	ARES	11,150	$1.2m0.05%	0.05%	Unchanged
20	PROLOGIS INC. COM PLD	PLD	7,500	$1.0m0.04%	0.04%	Unchanged
21	TELESAT CORP CL A & CL B SHS TSAT	TSAT	4,370	$221.2k0.01%	0.01%	Reduced -606.2k	-606,200 -99.3%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
IAC INC PPLI	PPLI	23,507	$941.0k23.5k shares
CHARTER COMMUNICATIONS INC N CHTR	CHTR	2,602	$561.7k2.6k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
ANTERIX INC ATEX · 13D · filed 2025-03-05	ATEX	9.4%≈ $179.3m		13D	2025-03-05