KP Management LLC

Q3 2025 13F-HR Holdings

Location
Edina, MN
Holdings as of
9/30/2025
Date filed
11/14/2025
Form type
13F-HR
Num holdings
66
Total value ($000)
$315,739
Net value change ($000)
+44,067 (16.2%)
New positions
9
Sold out positions
7
Turnover %
15.4%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/18/2025 Next filing: 2/17/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
ASML 9,439 NEW
APH 5,018 184.8%
KLAC 4,854 NEW
TSEM 4,413 NEW
SNPS 3,774 81.8%
APP 3,233 NEW
TIC 3,061 NEW
GTLB 2,705 NEW
NVDA 2,645 18.1%
GOOGL 2,374 37.9%
Top Reduces (Value $000, Stocks/ETFs)
MSFT -2,956 -29.7%
UNH -2,870 -100.0%
PSN -2,333 -100.0%
ARM -1,617 -100.0%
AME -1,499 -100.0%
VRT -1,284 -100.0%
CP -1,098 -39.6%
TDG -861 -13.3%
FICO -779 -22.4%
RBC -770 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 30,364 (9.6% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type