Karani Asset Management LLC

Q4 2025 13F-HR Holdings

Location
New York, NY
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
36
Total value ($000)
$122,136
Net value change ($000)
-3,099 (-2.5%)
New positions
1
Sold out positions
2
Turnover %
12.8%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 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)
JKHY 4,428 NEW
SPGI 2,885 78.7%
ODFL 1,984 62.2%
DE 1,150 22.7%
STLD 663 17.9%
AMAT 648 19.5%
INTU 549 14.4%
ASML 525 6.6%
AAPL 501 7.4%
LLY 337 38.2%
Top Reduces (Value $000, Stocks/ETFs)
PHM -5,421 -100.0%
KKR -4,771 -100.0%
CDNS -2,916 -80.8%
NVDA -2,594 -23.4%
MSFT -735 -10.1%
NVO -561 -27.3%
CMI -473 -10.6%
TXN -390 -10.7%
MA -205 -3.0%
NFLX -148 -22.7%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 8,115 (6.6% 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