13F HOLDINGS REPORT
Sunstone Asset Management, L.P.
Quarter ended Q4 2025 · Filed February 18, 2026 · Accession 0000912282-26-000350
Total Value
$104.4M
Positions
61
Other Managers
0
Confidential Omitted
No
Holdings (61)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | IQIYI INC | IQ | 30,800,000 | $31.0M | 29.64% |
| 2 | CYBERARK SOFTWARE LTD | M2682V108 | 8,600 | $3.8M | 3.67% |
| 3 | NVIDIA CORPORATION | NVDA | 20,441 | $3.8M | 3.65% |
| 4 | DOORDASH INC | DASH | 13,860 | $3.1M | 3.01% |
| 5 | TELEPHONE & DATA SYS INC | TDS-PV | 70,604 | $2.9M | 2.77% |
| 6 | BILL HOLDINGS INC | BILL | 3,000,000 | $2.8M | 2.65% |
| 7 | VISA INC | V | 7,300 | $2.6M | 2.45% |
| 8 | MARSH & MCLENNAN COS INC | 571748102 | 13,132 | $2.4M | 2.33% |
| 9 | MICROSOFT CORP | MSFT | 4,900 | $2.4M | 2.27% |
| 10 | SYNOPSYS INC | SNPS | 5,010 | $2.4M | 2.25% |
| 11 | MONGODB INC | MDB | 5,451 | $2.3M | 2.19% |
| 12 | AIRBNB INC | ABNB | 16,700 | $2.3M | 2.17% |
| 13 | CONFLUENT INC | 20717MAB9 | 2,297,000 | $2.2M | 2.14% |
| 14 | MACOM TECH SOLUTIONS HLDGS I | 55405Y100 | 12,761 | $2.2M | 2.09% |
| 15 | FLEX LTD | FLEX | 33,524 | $2.0M | 1.94% |
| 16 | UNITY SOFTWARE INC | U | 2,000,000 | $1.9M | 1.86% |
| 17 | BROADCOM INC | AVGO | 5,241 | $1.8M | 1.74% |
| 18 | AMERICAN TOWER CORP NEW | 03027X100 | 9,914 | $1.7M | 1.67% |
| 19 | MONDAY COM LTD | MNDY | 11,641 | $1.7M | 1.64% |
| 20 | EQUINIX INC | EQIX | 2,085 | $1.6M | 1.53% |
| 21 | NUTANIX INC | NTNX | 29,900 | $1.5M | 1.48% |
| 22 | NETFLIX INC | NFLX | 16,000 | $1.5M | 1.44% |
| 23 | TWILIO INC | TWLO | 10,515 | $1.5M | 1.43% |
| 24 | TEXAS INSTRS INC | 882508104 | 8,348 | $1.4M | 1.39% |
| 25 | CELESTICA INC | CLS | 3,998 | $1.2M | 1.13% |
| 26 | ALPHABET INC | GOOG | 3,647 | $1.1M | 1.10% |
| 27 | SERVICENOW INC | NOW | 7,300 | $1.1M | 1.07% |
| 28 | UNIVERSAL DISPLAY CORP | OLED | 9,217 | $1.1M | 1.03% |
| 29 | ETSY INC | ETSY | 1,000,000 | $1.0M | 0.97% |
| 30 | ORACLE CORP | ORCL-PD | 5,000 | $974,550 | 0.93% |
| 31 | TERADYNE INC | TER | 10,000 | $967,000 | 0.93% |
| 32 | TTM TECHNOLOGIES INC | TTMI | 13,575 | $936,675 | 0.90% |
| 33 | JOYY INC | JOYY | 13,905 | $900,488 | 0.86% |
| 34 | SONY GROUP CORP | SNEJF | 34,926 | $894,106 | 0.86% |
| 35 | SUPER MICRO COMPUTER INC | SMCI | 1,000,000 | $892,450 | 0.85% |
| 36 | SPDR GOLD TR | GLD | 2,190 | $867,919 | 0.83% |
| 37 | FORMFACTOR INC | FORM | 15,409 | $858,928 | 0.82% |
| 38 | SEA LTD | SE | 6,614 | $843,748 | 0.81% |
| 39 | APPLIED MATLS INC | 038222105 | 3,100 | $796,669 | 0.76% |
| 40 | SHOPIFY INC | SHOP | 4,900 | $788,415 | 0.75% |
| 41 | THE TRADE DESK INC | 88339J105 | 20,000 | $759,200 | 0.73% |
| 42 | SANDISK CORP | SNDK | 3,000 | $712,140 | 0.68% |
| 43 | CONFLUENT INC | 20717M103 | 21,300 | $644,112 | 0.62% |
| 44 | ETSY INC | ETSY | 10,900 | $604,296 | 0.58% |
| 45 | DATADOG INC | DDOG | 3,206 | $435,984 | 0.42% |
| 46 | MAPLEBEAR INC | CART | 60,000 | $429,000 | 0.41% |
| 47 | BLOOM ENERGY CORP | BE | 4,800 | $417,072 | 0.40% |
| 48 | SUPER MICRO COMPUTER INC | SMCI | 14,000 | $409,780 | 0.39% |
| 49 | MONGODB INC | MDB | 5,000 | $368,250 | 0.35% |
| 50 | KLAVIYO INC | KVYO | 10,335 | $335,577 | 0.32% |
| 51 | BROADCOM INC | AVGO | 5,000 | $231,750 | 0.22% |
| 52 | CONFLUENT INC | 20717M903 | 35,000 | $185,500 | 0.18% |
| 53 | FIVE9 INC | FIVN | 200,000 | $180,500 | 0.17% |
| 54 | ZIPRECRUITER INC | ZIP | 38,810 | $151,359 | 0.14% |
| 55 | PALO ALTO NETWORKS INC | PANW | 10,000 | $126,500 | 0.12% |
| 56 | NUTANIX INC | NTNX | 10,000 | $72,500 | 0.07% |
| 57 | NVIDIA CORPORATION | NVDA | 10,000 | $68,250 | 0.07% |
| 58 | SMART SH GLOBAL LTD | 83193E102 | 48,918 | $57,234 | 0.05% |
| 59 | CONFLUENT INC | 20717M903 | 10,000 | $54,000 | 0.05% |
| 60 | SENTINELONE INC | S | 20,000 | $13,000 | 0.01% |
| 61 | SENTINELONE INC | S | 50,000 | $7,500 | 0.01% |