Q2 2026 13F · SEC CIK 2021442

Nutshell Asset Management Ltd

Hedge fundFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $299.8M
Reported positions: 45
Holdings vs S&P 500, 3 yrs: —
Average holding period: 1.2 yrs

Nutshell Asset Management Ltd is a hedge fund that reported 45 positions worth $299.8M in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Nvidia Corporation Com (NVDA, 7.7%), Adobe Inc (ADBE, 7.3%), Taiwan Semiconductor Manufac (TSM, 6.6%).

Nutshell Asset Management Ltd holdings all 45 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Nutshell Asset Management Ltd 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation Com	7.7%	10.4%	114,692	+4.9%	$22.9M
ADBEAdobe Inc	7.3%	7.0%	106,413	+101.7%	$21.8M
TSMTaiwan Semiconductor Manufac	6.6%	4.8%	41,440	+60.7%	$19.8M
ZTSZoetis Inc	6.0%	New	251,591	—	$18.1M
MSFTMicrosoft Corp	4.5%	7.9%	35,880	-7.7%	$13.4M
FTNTFortinet Inc	4.4%	6.4%	86,641	-39.7%	$13.3M
IDXXIdexx Labs Inc	4.4%	1.8%	25,130	+325.9%	$13.2M
APPApplovin Corp	4.4%	New	25,530	—	$13.2M
INTUIntuit	4.0%	2.2%	45,914	+399.6%	$12.0M
ROLRollins Inc	3.5%	1.1%	251,875	+580.7%	$10.5M
APHAmphenol Corp	3.4%	8.5%	58,491	-52.1%	$10.3M
MAMastercard Inc.	3.2%	8.6%	18,954	-39.9%	$9.7M
MSCIMSCI Inc	3.2%	2.3%	17,011	+114.5%	$9.5M
FLOTIshares Tr	2.5%	1.1%	148,126	+270.1%	$7.6M
CBOECboe Global Mkts Inc	2.4%	New	30,047	—	$7.3M
AVGOBroadcom Inc	2.1%	2.5%	16,898	+12.7%	$6.4M
TWTradeweb Mkts Inc	1.6%	4.5%	49,491	-28.9%	$4.9M
NFLXNetflix Inc Total	1.5%	New	61,380	—	$4.4M
QQQInvesco Qqq Tr	1.4%	0.6%	5,542	+216.7%	$4.1M
BROBrown & Brown Inc	1.3%	New	58,739	—	$3.8M
ORLYO'Reilly Automotive Inc	1.3%	0.6%	40,866	+243.1%	$3.8M
BRK-BBerkshire Hathaway Inc Del	1.3%	0.6%	7,500	+257.1%	$3.8M
AZOAutozone Inc	1.2%	0.6%	1,154	+273.5%	$3.7M
MCOMoodys Corp	1.2%	0.6%	7,930	+201.5%	$3.6M
VRSKVerisk Analytics Inc	1.2%	0.6%	20,000	+270.4%	$3.6M
AAPLApple Inc	1.2%	0.7%	12,376	+164.7%	$3.6M
ACNAccenture PLC Ireland Shs Class A	1.2%	New	28,753	—	$3.6M
DECKDeckers Outdoor Corp	1.2%	New	36,000	—	$3.6M
DPZDominos Pizza Inc	1.0%	1.6%	10,423	+30.3%	$3.1M
FICOFair Isaac Corp	1.0%	3.0%	2,562	-50.3%	$3.1M
VRSNVerisign Inc.	1.0%	0.6%	11,800	+187.8%	$3.0M
ANETArista Networks Inc	1.0%	5.5%	17,002	-79.3%	$2.9M
ADPAutomatic Data Processing Inc Com	0.9%	1.8%	12,591	-23.3%	$2.8M
VFLOVictory Portfolios II	0.9%	0.5%	60,174	+175.1%	$2.8M
METAMeta Platforms Inc Class A	0.9%	New	4,792	—	$2.7M
MEDPMedpace Hldgs Inc	0.9%	New	5,005	—	$2.7M
SNDKSandisk Corp	0.8%	New	1,108	—	$2.5M
GOOGLAlphabet Inc	0.8%	1.8%	6,949	-38.8%	$2.5M
BKNGBooking Holdings Inc Com	0.8%	2.2%	13,775	+1367.0%	$2.5M
MUMicron Technology Inc	0.8%	New	2,118	—	$2.4M
LITELumentum Hldgs Inc Com	0.8%	New	2,849	—	$2.4M
WDCWestern Digital Corp	0.8%	New	3,827	—	$2.4M
INTCIntel Corp	0.8%	New	17,460	—	$2.4M
EXLSExlService Holdings Inc	0.8%	New	90,847	—	$2.3M
BILSPDR Brcy1-3 Ser	0.7%	1.1%	22,106	+0.0%	$2.0M

What Nutshell Asset Management Ltd bought and sold in Q2 2026, against Q1 2026.

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +19.3% /yr; S&P 500 +20.1%
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$299.8M	45
Q1 2026	$182.5M	34
Q4 2025	$280.5M	34
Q3 2025	$209.6M	26
Q2 2025	$168.0M	24
Q1 2025	$191.8M	25
Q4 2024	$158.3M	30

Questions about Nutshell Asset Management Ltd's portfolio

What stocks does Nutshell Asset Management Ltd own?

Nutshell Asset Management Ltd's latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 45 positions worth $299.8M. The largest are Nvidia Corporation Com (NVDA) at 7.7%, Adobe Inc (ADBE) at 7.3%, Taiwan Semiconductor Manufac (TSM) at 6.6%, Zoetis Inc (ZTS) at 6.0% and Microsoft Corp (MSFT) at 4.5%.

What did Nutshell Asset Management Ltd buy last quarter?

In Q2 2026, Nutshell Asset Management Ltd added a new position in Zoetis Inc (ZTS), a new position in Applovin Corp (APP), a new position in Cboe Global Mkts Inc (CBOE), a new position in Netflix Inc Total (NFLX), a new position in Brown & Brown Inc (BRO), Booking Holdings Inc Com (BKNG) (+1367.0% shares), Rollins Inc (ROL) (+580.7% shares) and Intuit (INTU) (+399.6% shares), compared with its Q1 2026 filing.

What did Nutshell Asset Management Ltd sell last quarter?

In Q2 2026, Nutshell Asset Management Ltd sold all of Resmed Inc (RMD), sold all of Qualys Inc (QLYS), sold all of Visa Inc Com Cl A (V), sold all of Check Point Software Tech Lt (CHKP), Arista Networks Inc (ANET) (-79.3% shares), Amphenol Corp (APH) (-52.1% shares) and Fair Isaac Corp (FICO) (-50.3% shares), compared with its Q1 2026 filing.

When is Nutshell Asset Management Ltd's next 13F filing due?

13F filings are due 45 days after each quarter ends. Nutshell Asset Management Ltd's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.