Dilation Capital Management LP Quant / Systematic

Location: New York, NY

CIK: 0001922880 · Show all filings

Period: Q3 2026 (← Previous)

Filing Date: Oct 13, 2026

Total Value: $200M (100.0% shares, 0.0% debt)

Holdings (22)

New Positions (8)

NOW SERVICENOW INC 6.2%

Value $12.33M Shares 92,025 Share Price $134.01 Est. Cost/Share $122.89 Unrealized @ Report Date +9.1%

MSFT MICROSOFT CORP 4.0%

Value $8.045M Shares 15,685 Share Price $512.90 Est. Cost/Share $462.46 Unrealized @ Report Date +10.9%

KKR KKR & CO INC 3.5%

Value $6.927M Shares 75,870 Share Price $91.30 Est. Cost/Share $102.08 Unrealized @ Report Date -10.6%

PANW PALO ALTO NETWORKS INC 3.0%

Value $5.956M Shares 14,990 Share Price $397.31 Est. Cost/Share $355.85 Unrealized @ Report Date +11.6%

NBIS NEBIUS GROUP N.V. 2.5%

Value $5.003M Shares 21,210 Share Price $235.88 Est. Cost/Share $215.08 Unrealized @ Report Date +9.7%

RKT ROCKET COS INC 1.9%

Value $3.773M Shares 327,835 Share Price $11.51 Est. Cost/Share $13.69 Unrealized @ Report Date -15.9%

HUT HUT 8 CORP 1.6%

Value $3.222M Shares 37,420 Share Price $86.10 Est. Cost/Share $94.66 Unrealized @ Report Date -9.0%

APLD APPLIED DIGITAL CORP 1.5%

Value $3.011M Shares 123,560 Share Price $24.37 Est. Cost/Share $28.05 Unrealized @ Report Date -13.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NOW	SERVICENOW INC	92,025	$12.33M	6.2%	$134.01	$122.89	+9.1%	COM	81762P102
MSFT	MICROSOFT CORP	15,685	$8.045M	4.0%	$512.90	$462.46	+10.9%	COM	594918104
KKR	KKR & CO INC	75,870	$6.927M	3.5%	$91.30	$102.08	-10.6%	COM	48251W104
PANW	PALO ALTO NETWORKS INC	14,990	$5.956M	3.0%	$397.31	$355.85	+11.6%	COM	697435105
NBIS	NEBIUS GROUP N.V.	21,210	$5.003M	2.5%	$235.88	$215.08	+9.7%	SHS CLASS A	N97284108
RKT	ROCKET COS INC	327,835	$3.773M	1.9%	$11.51	$13.69	-15.9%	COM CL A	77311W101
HUT	HUT 8 CORP	37,420	$3.222M	1.6%	$86.10	$94.66	-9.0%	COM	44812J104
APLD	APPLIED DIGITAL CORP	123,560	$3.011M	1.5%	$24.37	$28.05	-13.1%	COM NEW	038169207

Increased Positions (6)

FPS FORGENT POWER SOLUTIONS INC 8.7%

Value $17.35M (+76.6%) Shares 463,340 (+163.4%) Share Price $37.44 Est. Cost/Share $40.18 Unrealized @ Report Date -6.8%

HWM HOWMET AEROSPACE INC 9.0%

Value $18.07M (+52.4%) Shares 79,871 (+81.2%) Share Price $226.18 Est. Cost/Share $198.79 Unrealized @ Report Date +13.8%

NVDA NVIDIA CORPORATION 6.0%

Value $11.99M (+103.0%) Shares 52,489 (+77.8%) Share Price $228.38 Est. Cost/Share $173.92 Unrealized @ Report Date +31.3%

NOK NOKIA CORP 7.8%

Value $15.5M (+41.2%) Shares 1,528,580 (+85.0%) Share Price $10.14 Est. Cost/Share $11.73 Unrealized @ Report Date -13.6%

ASX ASE TECHNOLOGY HLDG CO LTD 6.2%

Value $12.46M (+39.5%) Shares 280,158 (+41.6%) Share Price $44.46 Est. Cost/Share $35.22 Unrealized @ Report Date +26.2%

CP CANADIAN PACIFIC KANSAS CITY 5.3%

Value $10.64M (+10.5%) Shares 125,077 (+12.5%) Share Price $85.10 Est. Cost/Share $78.14 Unrealized @ Report Date +8.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FPS	FORGENT POWER SOLUTIONS INC	463,340 (+163.4%)	$17.35M (+76.6%)	8.7%	$37.44	$40.18	-6.8%	COM SHS CL A	34631F102
HWM	HOWMET AEROSPACE INC	79,871 (+81.2%)	$18.07M (+52.4%)	9.0%	$226.18	$198.79	+13.8%	COM	443201108
NVDA	NVIDIA CORPORATION	52,489 (+77.8%)	$11.99M (+103.0%)	6.0%	$228.38	$173.92	+31.3%	COM	67066G104
NOK	NOKIA CORP	1,528,580 (+85.0%)	$15.5M (+41.2%)	7.8%	$10.14	$11.73	-13.6%	SPONSORED ADR	654902204
ASX	ASE TECHNOLOGY HLDG CO LTD	280,158 (+41.6%)	$12.46M (+39.5%)	6.2%	$44.46	$35.22	+26.2%	SPONSORED ADS	00215W100
CP	CANADIAN PACIFIC KANSAS CITY	125,077 (+12.5%)	$10.64M (+10.5%)	5.3%	$85.10	$78.14	+8.9%	COM	13646K108

Exited Positions (6)

WDC WESTERN DIGITAL CORP 6.5%

Value $12.95M Shares 20,280 Share Price $638.72 * Est. Cost/Share $261.00 Unrealized @ Report Date +74.1%

CLS CELESTICA INC 5.9%

Value $11.76M Shares 32,232 Share Price $364.80 Est. Cost/Share $150.82 Unrealized @ Report Date +139.6%

CRDO CREDO TECHNOLOGY GROUP HOLDI 5.0%

Value $10.02M Shares 36,835 Share Price $271.95 * Est. Cost/Share $197.59 Unrealized @ Report Date -1.4%

GDS GDS HLDGS LTD 4.7%

Value $9.458M Shares 314,960 Share Price $30.03 * Est. Cost/Share $38.60 Unrealized @ Report Date -19.1%

SPCX SPACE EXPLORATION TECHN CORP 3.5%

Value $7.022M Shares 41,100 Share Price $170.86 * Est. Cost/Share $170.68 Unrealized @ Report Date -11.6%

RKLB ROCKET LAB CORP 1.8%

Value $3.655M Shares 35,955 Share Price $101.65 * Est. Cost/Share $99.63 Unrealized @ Report Date -30.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
WDC	WESTERN DIGITAL CORP	20,280	$12.95M	6.5%	$638.72 *	$261.00	+74.1%	—	958102105
CLS	CELESTICA INC	32,232	$11.76M	5.9%	$364.80	$150.82	+139.6%	—	15101Q207
CRDO	CREDO TECHNOLOGY GROUP HOLDI	36,835	$10.02M	5.0%	$271.95 *	$197.59	-1.4%	—	G25457105
GDS	GDS HLDGS LTD	314,960	$9.458M	4.7%	$30.03 *	$38.60	-19.1%	—	36165L108
SPCX	SPACE EXPLORATION TECHN CORP	41,100	$7.022M	3.5%	$170.86 *	$170.68	-11.6%	—	84615Q103
RKLB	ROCKET LAB CORP	35,955	$3.655M	1.8%	$101.65 *	$99.63	-30.1%	—	773121108

Decreased Positions (8)

SNDK SANDISK CORP 1.4%

Value $2.706M (-89.6%) Shares 1,555 (-86.4%) Share Price $1739.89 Est. Cost/Share $564.77 Unrealized @ Report Date +208.1%

BA BOEING CO 6.0%

Value $12.02M (-55.6%) Shares 64,616 (-48.3%) Share Price $186.05 Est. Cost/Share $186.33 Unrealized @ Report Date -0.2%

GE GE AEROSPACE 5.0%

Value $9.915M (-49.4%) Shares 31,750 (-39.4%) Share Price $312.29 Est. Cost/Share $313.74 Unrealized @ Report Date -0.5%

SHW SHERWIN WILLIAMS CO 3.8%

Value $7.548M (-53.0%) Shares 23,350 (-49.9%) Share Price $323.27 Est. Cost/Share $350.41 Unrealized @ Report Date -7.7%

TKR TIMKEN CO 9.2%

Value $18.4M (-23.7%) Shares 157,570 (-5.0%) Share Price $116.75 Est. Cost/Share $120.27 Unrealized @ Report Date -2.9%

ASML ASML HLDG NV 2.7%

Value $5.462M (-49.8%) Shares 3,015 (-44.9%) Share Price $1811.67 Est. Cost/Share $1370.36 Unrealized @ Report Date +32.2%

TSM TAIWAN SEMICONDUCTOR MANUFAC 2.7%

Value $5.34M (-24.8%) Shares 11,705 (-21.3%) Share Price $456.19 Est. Cost/Share $293.42 Unrealized @ Report Date +55.5%

LITE LUMENTUM HLDGS INC 2.1%

Value $4.296M (-15.3%) Shares 4,423 (-25.2%) Share Price $971.26 Est. Cost/Share $550.07 Unrealized @ Report Date +76.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SNDK	SANDISK CORP	1,555 (-86.4%)	$2.706M (-89.6%)	1.4%	$1739.89	$564.77	+208.1%	COM	80004C200
BA	BOEING CO	64,616 (-48.3%)	$12.02M (-55.6%)	6.0%	$186.05	$186.33	-0.2%	COM	097023105
GE	GE AEROSPACE	31,750 (-39.4%)	$9.915M (-49.4%)	5.0%	$312.29	$313.74	-0.5%	COM NEW	369604301
SHW	SHERWIN WILLIAMS CO	23,350 (-49.9%)	$7.548M (-53.0%)	3.8%	$323.27	$350.41	-7.7%	COM	824348106
TKR	TIMKEN CO	157,570 (-5.0%)	$18.4M (-23.7%)	9.2%	$116.75	$120.27	-2.9%	COM	887389104
ASML	ASML HLDG NV	3,015 (-44.9%)	$5.462M (-49.8%)	2.7%	$1811.67	$1370.36	+32.2%	N Y REGISTRY SHS	N07059210
TSM	TAIWAN SEMICONDUCTOR MANUFAC	11,705 (-21.3%)	$5.34M (-24.8%)	2.7%	$456.19	$293.42	+55.5%	SPONSORED ADS	874039100
LITE	LUMENTUM HLDGS INC	4,423 (-25.2%)	$4.296M (-15.3%)	2.1%	$971.26	$550.07	+76.6%	COM	55024U109