Terra Alpha Investments LLC

Key Holdings

The portfolio is anchored by a significant overweight in NVIDIA Corporation (NVDA), which remains the largest position at $7.07 million, representing 13.05% of the portfolio. Despite a reduction in shares this quarter, NVDA remains the core growth driver. The second and third positions, Trane Technologies PLC and Xylem Inc (XYL), both hold equal weight ($5.10M each) and account for 9.42% of the portfolio respectively. These holdings indicate a strong tilt toward sustainable infrastructure and water management solutions. Rounding out the top five are Eaton Corp PLC ($5.10M) and Visa Inc (V) ($4.71M), suggesting a balance between industrial technology and financial stability. The top 10 holdings are all relatively evenly weighted after NVDA, generally falling in the $2M to $5M range, which implies a disciplined approach to position sizing rather than a bar-bell strategy.

Sector Allocation

The sector allocation reveals a clear preference for the Technology sector, which dominates the portfolio with a total value of $25.22 million. This includes hardware giants like NVDA and software leaders like ServiceNow and Salesforce. A notable portion of the portfolio ($14.09M) is classified as "Unknown," which upon inspection of the top holdings likely corresponds to Industrials (Trane, Eaton, Carrier) that may be categorized variably in different data sets. If these are included, the industrial exposure is substantial. The portfolio maintains defensive exposure through Utilities ($4.52M, entirely Waste Management) and Healthcare ($5.59M, via Agilent and Veralto), while Financial Services ($4.71M, via Visa) provides a cyclical hedge. Overall, the portfolio is heavily tilted toward companies enabling digital transformation and resource efficiency.