Institutional Manager · CIK 0001009005

SHAKER INVESTMENTS LLC/OH

CLEVELAND, OH · File #028-05322

Latest AUM

$240.4M

Positions

Top-10 Concentration

52.6%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	Apple Inc.	AAPL	+12,948	+$3.5M	+$333,745
EXITED	Wintrust Financial Corp	97650W108	-26,185	-$3.5M	$0
ADD	Netflix Inc.	NFLX	+31,902	+$3.0M	-$3.9M
NEW	SPDR S&P Biotech ETF (XBI)	78464A870	+19,528	+$2.4M	$0
ADD	Microsoft Corp	MSFT	+4,737	+$2.3M	-$562,463
NEW	Eli Lilly & Company	LLY	+2,113	+$2.3M	$0
EXITED	Paycom Software Inc.	70432V102	-10,619	-$2.2M	$0
NEW	WESCO International, Inc.	95082P105	+8,814	+$2.2M	$0
NEW	Vanguard Emerging Market ETF (VWO)	922042858	+39,576	+$2.1M	$0
EXITED	Vanguard FTSE Europe ETF (VGK)	922042874	-25,223	-$2.0M	$0

Sector Allocation

29.7%$71.5M

15.6%$37.4M

8.5%$20.5M

4.7%$11.2M

Consumer Discretionary

4.6%$11.0M

Communication Services

3.3%$7.8M

Energy

1.4%$3.4M

Consumer Staples

0.8%$2.0M

Filing History

Jan 30, 202613F HOLDINGS REPORTQ/E Dec 202583 pos · $240.4M
Oct 17, 202513F HOLDINGS REPORTQ/E Sep 202597 pos · $249.9M
Jul 31, 202513F HOLDINGS REPORTQ/E Jun 202597 pos · $244.4M
Apr 23, 202513F HOLDINGS REPORTQ/E Mar 202594 pos · $207.6M
Jan 29, 202513F HOLDINGS REPORTQ/E Dec 202489 pos · $238.9M
Oct 10, 202413F HOLDINGS REPORTQ/E Sep 202490 pos · $240.0M
Jul 26, 202413F HOLDINGS REPORTQ/E Jun 202488 pos · $230.0M
Apr 25, 202413F HOLDINGS REPORTQ/E Mar 202489 pos · $236.1M
Oct 24, 202313F HOLDINGS REPORTQ/E Dec 202379 pos · $181.4M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	Axos Financial Inc.	AX	378,670	$32.6M	14.45%
2	Broadcom Ltd.	AVGO	36,877	$12.8M	5.65%
3	NVIDIA Corp	NVDA	68,222	$12.7M	5.64%
4	Alphabet Inc.	GOOG	33,957	$10.6M	4.71%
5	Microsoft Corp	MSFT	21,121	$10.2M	4.53%
6	Micron Technology	MU	34,322	$9.8M	4.34%
7	Apple Inc.	AAPL	32,318	$8.8M	3.89%
8	Taiwan Semiconductor-Sp Adr	874039100	25,349	$7.7M	3.41%
9	Amazon.com	AMZN	30,038	$6.9M	3.07%
10	Insulet Corp.	PODD	23,352	$6.6M	2.94%
11	JPMorgan Chase & Co.	VYLD	19,799	$6.4M	2.83%
12	iRadimed Corp	IRMD	62,245	$6.1M	2.68%
13	Argan, Inc.	AGX	16,061	$5.0M	2.23%
14	Casey's General Stores, Inc.	147528103	7,782	$4.3M	1.91%
15	Meta Platforms Inc.	META	6,458	$4.3M	1.89%
16	Arista Networks, Inc.	ANET	30,379	$4.0M	1.76%
17	O'Reilly Automotive	67103H107	41,794	$3.8M	1.69%
18	Ollie's Bargain Outlet Holdings Inc.	681116109	34,310	$3.8M	1.67%
19	Uber Technologies Inc.	UBER	45,479	$3.7M	1.65%
20	Goldman Sachs Group	GSCE	3,876	$3.4M	1.51%