Fjell Capital, LLC

Q4 2025 13F-HR Holdings

Location
Fargo, ND
Holdings as of
12/31/2025
Date filed
1/12/2026
Form type
13F-HR
Num holdings
66
Total value ($000)
$130,432
Net value change ($000)
+16,868 (14.9%)
New positions
10
Sold out positions
2
Turnover %
3.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/24/2025 Next filing: 4/15/2026 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)
NVDA 2,116 44.9%
GOOGL 2,075 56.8%
AAPL 1,476 40.6%
VOO 1,089 NEW
AVGO 972 21.3%
AMZN 933 28.5%
DWLD 918 8.3%
UITB 724 10.6%
MSFT 615 12.9%
AMD 548 42.0%
Top Reduces (Value $000, Stocks/ETFs)
CMG -899 -100.0%
SCHD -270 -100.0%
PSH -79 -2.6%
VGT -62 -11.3%
ADBE -59 -10.3%
META -54 -2.2%
MRSH -39 -4.1%
VOX -20 -8.8%
VUG -20 -0.6%
LOW -19 -3.9%
Instrument mix + QoQ Δ (ex-options)
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.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type