KCM Capital Inc Hedge Fund

CIK: 0002026745 · Show all filings

Period: Q4 2025

Filing Date: Feb 17, 2026

Total Value ($000): $523,064 (100.0% shares, 0.0% debt)

Holdings (30)

SNDK SANDISK CORP 11.0%

Value ($000) $57,375 Shares 241,701 Est. Cost $200.29 Unrealized 0.0%

NVDA NVIDIA CORPORATION 10.7%

Value ($000) $55,950 Shares 300,000 Est. Cost $186.13 Unrealized 0.0%

LLY ELI LILLY & CO 8.2%

Value ($000) $42,987 Shares 40,000 Est. Cost $955.55 Unrealized 0.0%

CUK CARNIVAL PLC 7.0%

Value ($000) $36,648 Shares 1,200,000 Est. Cost $30.54 Unrealized —

AMZN AMAZON COM INC 6.8%

Value ($000) $35,777 Shares 155,000 Est. Cost $228.79 Unrealized 0.0%

APP APPLOVIN CORP 6.4%

Value ($000) $33,691 Shares 50,000 Est. Cost $630.10 Unrealized 0.0%

META META PLATFORMS INC 5.0%

Value ($000) $26,404 Shares 40,000 Est. Cost $667.32 Unrealized 0.0%

MU MICRON TECHNOLOGY INC 4.9%

Value ($000) $25,687 Shares 90,000 Est. Cost $229.35 Unrealized 0.0%

DKNG DRAFTKINGS INC NEW 4.6%

Value ($000) $24,122 Shares 700,000 Est. Cost $32.89 Unrealized 0.0%

GEO GEO GROUP INC NEW 4.5%

Value ($000) $23,535 Shares 1,460,000 Est. Cost $16.67 Unrealized 0.0%

MSFT MICROSOFT CORP 4.3%

Value ($000) $22,730 Shares 47,000 Est. Cost $500.58 Unrealized 0.0%

CBLL CERIBELL INC 4.2%

Value ($000) $21,930 Shares 1,000,000 Est. Cost $15.52 Unrealized 0.0%

— TESLA INC 3.3%

Value ($000) $17,090 Shares 130,000 Est. Cost — Unrealized —

COST COSTCO WHSL CORP NEW 3.0%

Value ($000) $15,935 Shares 18,479 Est. Cost $905.73 Unrealized 0.0%

GOOG ALPHABET INC 3.0%

Value ($000) $15,690 Shares 50,000 Est. Cost $286.33 Unrealized 0.0%

UNP UNION PAC CORP 1.9%

Value ($000) $10,160 Shares 43,923 Est. Cost $227.32 Unrealized 0.0%

ET ENERGY TRANSFER L P 1.9%

Value ($000) $9,894 Shares 600,000 Est. Cost $16.49 Unrealized —

XLU SELECT SECTOR SPDR TR 1.6%

Value ($000) $8,538 Shares 200,000 Est. Cost $42.69 Unrealized —

ABBV ABBVIE INC 1.5%

Value ($000) $7,997 Shares 35,000 Est. Cost $227.54 Unrealized 0.0%

MCD MCDONALDS CORP 1.3%

Value ($000) $6,825 Shares 22,329 Est. Cost $305.09 Unrealized 0.0%

IRTC IRHYTHM TECHNOLOGIES INC 1.3%

Value ($000) $6,565 Shares 37,000 Est. Cost $177.21 Unrealized 0.0%

ABT ABBOTT LABS 0.9%

Value ($000) $4,777 Shares 38,128 Est. Cost $127.30 Unrealized 0.0%

— SANDISK CORP 0.6%

Value ($000) $3,096 Shares 422,400 Est. Cost — Unrealized —

IWM ISHARES TR 0.5%

Value ($000) $2,536 Shares 10,300 Est. Cost $246.17 Unrealized —

— WESTERN DIGITAL CORP 0.3%

Value ($000) $1,534 Shares 170,000 Est. Cost — Unrealized —

— GEO GROUP INC NEW 0.3%

Value ($000) $1,481 Shares 1,050,200 Est. Cost — Unrealized —

— SELECT SECTOR SPDR TR 0.3%

Value ($000) $1,368 Shares 600,000 Est. Cost — Unrealized —

PSTG PURE STORAGE INC 0.2%

Value ($000) $1,122 Shares 16,737 Est. Cost $83.54 Unrealized 0.0%

CTVA CORTEVA INC 0.2%

Value ($000) $868 Shares 12,950 Est. Cost $64.54 Unrealized 0.0%

— BOEING CO 0.1%

Value ($000) $751 Shares 126,800 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SNDK	SANDISK CORP	241,701	$57,375	11.0%	$200.29	0.0%	COM	80004C200
NVDA	NVIDIA CORPORATION	300,000	$55,950	10.7%	$186.13	0.0%	COM	67066G104
LLY	ELI LILLY & CO	40,000	$42,987	8.2%	$955.55	0.0%	COM	532457108
CUK	CARNIVAL PLC	1,200,000	$36,648	7.0%	$30.54	—	ADS	14365C103
AMZN	AMAZON COM INC	155,000	$35,777	6.8%	$228.79	0.0%	COM	023135106
APP	APPLOVIN CORP	50,000	$33,691	6.4%	$630.10	0.0%	COM CL A	03831W108
META	META PLATFORMS INC	40,000	$26,404	5.0%	$667.32	0.0%	CL A	30303M102
MU	MICRON TECHNOLOGY INC	90,000	$25,687	4.9%	$229.35	0.0%	COM	595112103
DKNG	DRAFTKINGS INC NEW	700,000	$24,122	4.6%	$32.89	0.0%	COM CL A	26142V105
GEO	GEO GROUP INC NEW	1,460,000	$23,535	4.5%	$16.67	0.0%	COM	36162J106
MSFT	MICROSOFT CORP	47,000	$22,730	4.3%	$500.58	0.0%	COM	594918104
CBLL	CERIBELL INC	1,000,000	$21,930	4.2%	$15.52	0.0%	COM	15678C102
—	TESLA INC	130,000	$17,090	3.3%	—	—	Call	88160R901
COST	COSTCO WHSL CORP NEW	18,479	$15,935	3.0%	$905.73	0.0%	COM	22160K105
GOOG	ALPHABET INC	50,000	$15,690	3.0%	$286.33	0.0%	CAP STK CL C	02079K107
UNP	UNION PAC CORP	43,923	$10,160	1.9%	$227.32	0.0%	COM	907818108
ET	ENERGY TRANSFER L P	600,000	$9,894	1.9%	$16.49	—	COM UT LTD PTN	29273V100
XLU	SELECT SECTOR SPDR TR	200,000	$8,538	1.6%	$42.69	—	STATE STREET UTI	81369Y886
ABBV	ABBVIE INC	35,000	$7,997	1.5%	$227.54	0.0%	COM	00287Y109
MCD	MCDONALDS CORP	22,329	$6,825	1.3%	$305.09	0.0%	COM	580135101
IRTC	IRHYTHM TECHNOLOGIES INC	37,000	$6,565	1.3%	$177.21	0.0%	COM	450056106
ABT	ABBOTT LABS	38,128	$4,777	0.9%	$127.30	0.0%	COM	002824100
—	SANDISK CORP	422,400	$3,096	0.6%	—	—	Call	80004C900
IWM	ISHARES TR	10,300	$2,536	0.5%	$246.17	—	RUSSELL 2000 ETF	464287655
—	WESTERN DIGITAL CORP	170,000	$1,534	0.3%	—	—	Call	958102905
—	GEO GROUP INC NEW	1,050,200	$1,481	0.3%	—	—	Call	36162J906
—	SELECT SECTOR SPDR TR	600,000	$1,368	0.3%	—	—	Call	81369Y906
PSTG	PURE STORAGE INC	16,737	$1,122	0.2%	$83.54	0.0%	CL A	74624M102
CTVA	CORTEVA INC	12,950	$868	0.2%	$64.54	0.0%	COM	22052L104
—	BOEING CO	126,800	$751	0.1%	—	—	Call	097023905