Heard Capital LLC Hedge Fund

CIK: 0001796409 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $2,129,964 (100.0% shares, 0.0% debt)

Holdings (21)

Increased Positions (11)

APO APOLLO GLOBAL MGMT INC 10.3%

Value ($000) $218,879 (+12.6%) Shares 1,512,015 (+3.7%) Est. Cost $107.35 Unrealized +23.5%

AVAV AEROVIRONMENT INC 8.2%

Value ($000) $174,681 (+14.0%) Shares 722,150 (+48.4%) Est. Cost $188.63 Unrealized +66.7%

TDG TRANSDIGM GROUP INC 10.7%

Value ($000) $226,911 (+9.9%) Shares 170,629 (+8.9%) Est. Cost $851.07 Unrealized +54.0%

MC MOELIS & CO 3.2%

Value ($000) $67,469 (+25.0%) Shares 981,510 (+29.7%) Est. Cost $47.69 Unrealized +38.0%

AMT AMERICAN TOWER CORP NEW 9.6%

Value ($000) $204,090 (+4.4%) Shares 1,162,440 (+14.4%) Est. Cost $192.45 Unrealized -6.3%

BX BLACKSTONE INC 8.3%

Value ($000) $177,730 (-4.2%) Shares 1,153,040 (+6.2%) Est. Cost $97.31 Unrealized +55.6%

ADBE ADOBE INC 5.1%

Value ($000) $107,798 (+3.1%) Shares 308,002 (+3.9%) Est. Cost $466.67 Unrealized -27.1%

QCOM QUALCOMM INC 0.1%

Value ($000) $3,122 (+29.6%) Shares 18,250 (+26.0%) Est. Cost $140.10 Unrealized +21.9%

IAC IAC INC 0.0%

Value ($000) $999 (+37.7%) Shares 25,557 (+19.9%) Est. Cost $67.76 Unrealized -48.3%

EQIX EQUINIX INC 0.2%

Value ($000) $3,911 (+7.3%) Shares 5,105 (+9.7%) Est. Cost $718.96 Unrealized +8.7%

CHTR CHARTER COMMUNICATIONS INC N 0.0%

Value ($000) $543 (-13.5%) Shares 2,602 (+14.0%) Est. Cost $438.53 Unrealized -48.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
APO	APOLLO GLOBAL MGMT INC	1,512,015 (+3.7%)	$218,879 (+12.6%)	10.3%	$107.35	+23.5%	COM	03769M106
AVAV	AEROVIRONMENT INC	722,150 (+48.4%)	$174,681 (+14.0%)	8.2%	$188.63	+66.7%	COM	008073108
TDG	TRANSDIGM GROUP INC	170,629 (+8.9%)	$226,911 (+9.9%)	10.7%	$851.07	+54.0%	COM	893641100
MC	MOELIS & CO	981,510 (+29.7%)	$67,469 (+25.0%)	3.2%	$47.69	+38.0%	CL A	60786M105
AMT	AMERICAN TOWER CORP NEW	1,162,440 (+14.4%)	$204,090 (+4.4%)	9.6%	$192.45	-6.3%	COM	03027X100
BX	BLACKSTONE INC	1,153,040 (+6.2%)	$177,730 (-4.2%)	8.3%	$97.31	+55.6%	COM	09260D107
ADBE	ADOBE INC	308,002 (+3.9%)	$107,798 (+3.1%)	5.1%	$466.67	-27.1%	COM	00724F101
QCOM	QUALCOMM INC	18,250 (+26.0%)	$3,122 (+29.6%)	0.1%	$140.10	+21.9%	COM	747525103
IAC	IAC INC	25,557 (+19.9%)	$999 (+37.7%)	0.0%	$67.76	-48.3%	COM NEW	44891N208
EQIX	EQUINIX INC	5,105 (+9.7%)	$3,911 (+7.3%)	0.2%	$718.96	+8.7%	COM	29444U700
CHTR	CHARTER COMMUNICATIONS INC N	2,602 (+14.0%)	$543 (-13.5%)	0.0%	$438.53	-48.7%	CL A	16119P108

Decreased Positions (5)

PLTR PALANTIR TECHNOLOGIES INC 7.5%

Value ($000) $160,528 (-14.8%) Shares 903,109 (-12.6%) Est. Cost $84.85 Unrealized +113.3%

AXP AMERICAN EXPRESS CO 6.0%

Value ($000) $128,053 (-10.7%) Shares 346,135 (-19.8%) Est. Cost $183.57 Unrealized +94.5%

LRCX LAM RESEARCH CORP 10.4%

Value ($000) $221,277 (+4.2%) Shares 1,292,655 (-18.5%) Est. Cost $75.05 Unrealized +107.0%

ESLT ELBIT SYS LTD 4.8%

Value ($000) $103,162 (-6.2%) Shares 178,571 (-17.3%) Est. Cost $227.35 Unrealized +120.2%

TSAT TELESAT CORP 1.7%

Value ($000) $35,716 (-8.5%) Shares 1,227,343 (-16.6%) Est. Cost $23.62 Unrealized +23.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PLTR	PALANTIR TECHNOLOGIES INC	903,109 (-12.6%)	$160,528 (-14.8%)	7.5%	$84.85	+113.3%	CL A	69608A108
AXP	AMERICAN EXPRESS CO	346,135 (-19.8%)	$128,053 (-10.7%)	6.0%	$183.57	+94.5%	COM	025816109
LRCX	LAM RESEARCH CORP	1,292,655 (-18.5%)	$221,277 (+4.2%)	10.4%	$75.05	+107.0%	COM NEW	512807306
ESLT	ELBIT SYS LTD	178,571 (-17.3%)	$103,162 (-6.2%)	4.8%	$227.35	+120.2%	ORD	M3760D101
TSAT	TELESAT CORP	1,227,343 (-16.6%)	$35,716 (-8.5%)	1.7%	$23.62	+23.1%	CL A & CL B SHS	879512309

Unchanged Positions (5)

FICO FAIR ISAAC CORP 11.8%

Value ($000) $250,885 Shares 148,398 Est. Cost $1124.95 Unrealized +53.0%

ATEX ANTERIX INC 1.8%

Value ($000) $37,476 Shares 1,716,738 Est. Cost $42.49 Unrealized -51.1%

AMZN AMAZON COM INC 0.2%

Value ($000) $3,836 Shares 16,620 Est. Cost $141.63 Unrealized +61.5%

PLD PROLOGIS INC. 0.1%

Value ($000) $1,098 Shares 8,600 Est. Cost $112.44 Unrealized +10.1%

ARES ARES MANAGEMENT CORPORATION 0.1%

Value ($000) $1,802 Shares 11,150 Est. Cost $58.59 Unrealized +164.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FICO	FAIR ISAAC CORP	148,398	$250,885	11.8%	$1124.95	+53.0%	COM	303250104
ATEX	ANTERIX INC	1,716,738	$37,476	1.8%	$42.49	-51.1%	COM	03676C100
AMZN	AMAZON COM INC	16,620	$3,836	0.2%	$141.63	+61.5%	COM	023135106
PLD	PROLOGIS INC.	8,600	$1,098	0.1%	$112.44	+10.1%	COM	74340W103
ARES	ARES MANAGEMENT CORPORATION	11,150	$1,802	0.1%	$58.59	+164.5%	CL A COM STK	03990B101