DOSSIER · 13F-HR · Q2 2026

Garda Capital Partners LP

$286M in tracked AUM across 12 positions as of Q2 2026.

GC
CIK 0001666905 · last filed Jun 30, 2026
Total AUM
$286M
as of Q2 2026
Holdings
12
positions
Whale Score
71
71
strong
Activity
no data
changes this Q
AI Analysis · Q2 2026
Portfolio Overview

Garda Capital Partners’ 13F at 2025-09-30 shows a dramatic and highly unusual portfolio reset. Reported assets under management on this filing are $24.92 million across 14 holdings, down 99.4% from $4.20 billion the prior quarter. The current portfolio appears to be almost entirely new: the filing records 14 new positions and 50 sold positions, with zero increases, reductions or unchanged stakes. That combination—near-complete liquidation of a multi‑billion dollar book and c...

Concentration is very high. The top three positions (Moderna, ZIM Integrated Shipping Services, and First Solar) together account for approximately 70.5% of the portfolio (31.09% + 21.75% + 17.70%). The single largest holding, Moderna, is 31.09% ($7.75M). The entire reported portfolio fits into a relatively small dollar footprint compared with the prior quarter’s reported holdings, implying materially different exposure and liquidity profile going forward.

Key Holdings and Their Significance
  • Moderna Inc (MRNA): $7.75M, 300K shares, 31.09% of portfolio. This is the largest single-name exposure and represents an outsized, high-conviction stake relative to the $24.9M book. It introduces concentrated biotech/healthcare/biotech-platform risk and event-driven sensitivity (clinical data, regulatory, guidance, news flow).
  • ZIM Integrated Shipping Services (ZIM): $5.42M, 400K shares, 21.75% of portfolio. This is a large allocation to a cyclical transportation/shipping company whose revenues and margins are sensitive to global freight rates and trade volumes. It adds macro and cyclical exposure concentrated in one carrier.
  • First Solar Inc (FSLR): $4.41M, 20K shares, 17.70% of portfolio. Significant exposure to renewable energy/solar manufacturing and policy-dependent demand; also an industry where capital expenditure cycles and module pricing drive volatility.
  • Mettler‑Toledo International (MTD): $2.09M, 2K shares, 8.37%. A defensive/industrial-precision instrument name—provides some diversification away from biotech/cyclicals but remains a single-company exposure at a meaningful weight.
  • Remaining positions (SPDR Select Sector ETF, EPAM, Steris, Tencent Music, Fifth Third, Herc, EOG, Sarepta, Sempra, Stellantis): each represents between 0.71% and 3.74% of the portfolio, providing small allocations to software/IT services, healthcare supplies, Chinese streaming, regional banking, industrial rentals, energy, US utilities, and autos. These are too small individually to materially diversify the top three concentrations.
Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
IVV
ISHARES TR
$115M154K40.3%
02
023135906
AMAZON COM INC
$83M350K29.2%
03
464287955
ISHARES TR
$32M105K11.0%
04
594918904
MICROSOFT CORP
$19M50K6.5%
05
BKLN
INVESCO EXCH TRADED FD TR II
$10M490K3.5%
06
68389X905
ORACLE CORP
$9M60K3.1%
07
ILF
ISHARES TR
$5M150K1.8%
08
EWZ
ISHARES INC
$4M110K1.3%
09
AMZN
AMAZON COM INC
$4M15K1.3%
10
92189F956
VANECK ETF TRUST
$3M5K1.0%

Filing history

2026Q2Jun 30
$286M 25.6%
12 positionsView →
2026Q1Mar 31
$385M 217.1%
15 positionsView →
2025Q4Dec 31
$121M 386.8%
11 positionsView →
2025Q3Sep 30
$25M 99.4%
14 positionsView →
2025Q2Jun 30
$4.2B 93.3%
563 positionsLocked
2025Q1Mar 31
$2.2B 56.4%
305 positionsLocked
2024Q4Dec 31
$1.4B 61.0%
227 positionsLocked
2024Q3Sep 30
$3.6B 25.8%
516 positionsLocked
2024Q2Jun 30
$2.8B 19.0%
457 positionsLocked
2024Q1Mar 31
$2.4B 105.2%
385 positionsLocked
2023Q4Dec 31
$1.2B 46.4%
455 positionsLocked
2023Q3Sep 30
$2.2B 20.2%
687 positionsLocked
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