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Heard Capital LLC

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13F filer, CIK 1796409, Chicago, IL

Heard Capital LLC reported $2,129,964,463 across 21 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 87.83% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001172661-26-000827

Period
2025-12-31
Reported value
$2.13B
Holdings
21
Top 10 weight
87.83%
New
0
Sold out
0

Largest buys vs the previous quarter

SecurityShares changeApprox. value
AVAVadded+235,685$57M
AMTadded+146,075$25.6M
TDGadded+13,906$18.5M
MCadded+224,970$15.5M
BXadded+67,610$10.4M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
LRCXreduced-292,585-$50.1M
AXPreduced-85,605-$31.7M
PLTRreduced-129,809-$23.1M
ESLTreduced-37,269-$21.5M
TSATreduced-244,992-$7.13M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001172661-26-000827, largest first. % of portfolio is the value over $2,129,964,463, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
FICOFAIR ISAAC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 76,140 shares; 2024Q4: 82,335 shares; 2025Q1: 95,267 shares; 2025Q2: 104,724 shares; 2025Q3: 149,530 shares; 2025Q4: 148,398 shares 148,398$251M11.78%-1,132Timeline
TDGTRANSDIGM GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 132,206 shares; 2024Q4: 168,421 shares; 2025Q1: 151,552 shares; 2025Q2: 134,327 shares; 2025Q3: 156,723 shares; 2025Q4: 170,629 shares 170,629$227M10.65%+13,906Timeline
LRCXLAM RESEARCH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,862,760 shares; 2025Q1: 1,906,105 shares; 2025Q2: 1,752,190 shares; 2025Q3: 1,585,240 shares; 2025Q4: 1,292,655 shares 1,292,655$221M10.39%-292,585Timeline
APOAPOLLO GLOBAL MGMT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 753,523 shares; 2024Q4: 889,317 shares; 2025Q1: 1,117,220 shares; 2025Q2: 1,274,970 shares; 2025Q3: 1,458,695 shares; 2025Q4: 1,512,015 shares 1,512,015$219M10.28%+53,320Timeline
AMTAMERICAN TOWER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 790,325 shares; 2024Q4: 958,078 shares; 2025Q1: 801,212 shares; 2025Q2: 825,210 shares; 2025Q3: 1,016,365 shares; 2025Q4: 1,162,440 shares 1,162,440$204M9.58%+146,075Timeline
BXBLACKSTONE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,033,262 shares; 2024Q4: 977,730 shares; 2025Q1: 1,100,395 shares; 2025Q2: 1,159,720 shares; 2025Q3: 1,085,430 shares; 2025Q4: 1,153,040 shares 1,153,040$178M8.34%+67,610Timeline
AVAVAEROVIRONMENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 592,136 shares; 2024Q4: 750,200 shares; 2025Q1: 839,372 shares; 2025Q2: 553,025 shares; 2025Q3: 486,465 shares; 2025Q4: 722,150 shares 722,150$175M8.2%+235,685Timeline
PLTRPALANTIR TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 739,990 shares; 2025Q1: 996,513 shares; 2025Q2: 828,990 shares; 2025Q3: 1,032,918 shares; 2025Q4: 903,109 shares 903,109$161M7.54%-129,809Timeline
AXPAMERICAN EXPRESS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 373,927 shares; 2024Q4: 381,130 shares; 2025Q1: 402,465 shares; 2025Q2: 385,995 shares; 2025Q3: 431,740 shares; 2025Q4: 346,135 shares 346,135$128M6.01%-85,605Timeline
ADBEADOBE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 375,915 shares; 2024Q4: 391,214 shares; 2025Q1: 391,390 shares; 2025Q2: 457,332 shares; 2025Q3: 296,365 shares; 2025Q4: 308,002 shares 308,002$108M5.06%+11,637Timeline
ESLTELBIT SYS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 218,392 shares; 2024Q4: 222,980 shares; 2025Q1: 192,771 shares; 2025Q2: 195,398 shares; 2025Q3: 215,840 shares; 2025Q4: 178,571 shares 178,571$103M4.84%-37,269Timeline
MCMOELIS & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,798,360 shares; 2024Q4: 841,970 shares; 2025Q1: 925,240 shares; 2025Q2: 920,240 shares; 2025Q3: 756,540 shares; 2025Q4: 981,510 shares 981,510$67.5M3.17%+224,970Timeline
ATEXANTERIX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,752,138 shares; 2024Q4: 1,752,138 shares; 2025Q1: 1,716,738 shares; 2025Q2: 1,716,738 shares; 2025Q3: 1,716,738 shares; 2025Q4: 1,716,738 shares 1,716,738$37.5M1.76%0Timeline
TSATTELESAT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,754,600 shares; 2024Q4: 1,713,307 shares; 2025Q1: 1,646,695 shares; 2025Q2: 1,517,710 shares; 2025Q3: 1,472,335 shares; 2025Q4: 1,227,343 shares 1,227,343$35.7M1.68%-244,992Timeline
EQIXEQUINIX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,815 shares; 2024Q4: 3,815 shares; 2025Q1: 4,653 shares; 2025Q2: 4,653 shares; 2025Q3: 4,653 shares; 2025Q4: 5,105 shares 5,105$3.91M0.18%+452Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,400 shares; 2024Q4: 16,400 shares; 2025Q1: 16,400 shares; 2025Q2: 16,500 shares; 2025Q3: 16,500 shares; 2025Q4: 16,620 shares 16,620$3.84M0.18%+120Timeline
QCOMQUALCOMM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14,480 shares; 2024Q4: 14,480 shares; 2025Q1: 14,480 shares; 2025Q2: 14,480 shares; 2025Q3: 14,480 shares; 2025Q4: 18,250 shares 18,250$3.12M0.15%+3,770Timeline
ARESARES MANAGEMENT CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,150 shares; 2024Q4: 11,150 shares; 2025Q1: 11,150 shares; 2025Q2: 11,150 shares; 2025Q3: 11,150 shares; 2025Q4: 11,150 shares 11,150$1.8M0.08%0Timeline
PLDPROLOGIS INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,055,764 shares; 2024Q4: 34,960 shares; 2025Q1: 5,450 shares; 2025Q2: 8,600 shares; 2025Q3: 8,600 shares; 2025Q4: 8,600 shares 8,600$1.1M0.05%0Timeline
PPLIPEOPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 21,307 shares; 2024Q4: 21,307 shares; 2025Q1: 21,307 shares; 2025Q2: 21,307 shares; 2025Q3: 21,307 shares; 2025Q4: 25,557 shares 25,557$999K0.05%+4,250Timeline
CHTRCHARTER COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,630 shares; 2024Q4: 2,282 shares; 2025Q1: 2,282 shares; 2025Q2: 2,282 shares; 2025Q3: 2,282 shares; 2025Q4: 2,602 shares 2,602$543K0.03%+320Timeline

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001172661-26-000827 base2026-02-17acceptance time not in the bulk data set