Institutional Manager · CIK 0001081198
CYPRESS FUNDS LLC
Los Angeles, CA · File #028-04707
Latest AUM
$604.7M
Positions
14
Top-10 Concentration
83.8%
Filings
9
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 |
|---|---|---|---|---|---|
| REDUCE | Amazon.com Inc | AMZN | -88,484 | -$20.4M | +$5.0M |
| REDUCE | Microsoft Corp | MSFT | -39,596 | -$19.1M | -$6.8M |
| REDUCE | NVIDIA Corp | NVDA | -81,614 | -$15.2M | -$32,481 |
| EXITED | Chipotle Mexican Grill Inc | 169656105 | -360,720 | -$14.1M | $0 |
| REDUCE | Fair Isaac Corp | FICO | -7,654 | -$12.9M | +$7.6M |
| REDUCE | S&P Global Inc | SPGI | -21,005 | -$11.0M | +$3.8M |
| REDUCE | Mastercard Inc | MA | -18,678 | -$10.7M | +$193,582 |
| REDUCE | Broadcom Inc | AVGO | -29,088 | -$10.1M | +$2.3M |
| REDUCE | Meta Platforms Inc | META | -13,987 | -$9.2M | -$5.2M |
| REDUCE | Walmart Inc | WMT | -80,077 | -$8.9M | +$3.4M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202514 pos · $604.7M
- 13F HOLDINGS REPORTQ/E Sep 202515 pos · $763.2M
- 13F HOLDINGS REPORTQ/E Jun 202516 pos · $1.24B
- 13F HOLDINGS REPORTQ/E Mar 202516 pos · $1.09B
- 13F HOLDINGS REPORTQ/E Dec 202415 pos · $922.4M
- 13F HOLDINGS REPORTQ/E Sep 202415 pos · $930.5M
- 13F HOLDINGS REPORTQ/E Jun 202413 pos · $745.2M
- 13F HOLDINGS REPORTQ/E Mar 202414 pos · $931.8M
- 13F HOLDINGS REPORTQ/E Dec 202314 pos · $744.3M
Top 14 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | Amazon.com Inc | AMZN | 353,739 | $81.7M | 13.50% |
| 2 | Microsoft Corp | MSFT | 158,203 | $76.5M | 12.65% |
| 3 | NVIDIA Corp | NVDA | 324,404 | $60.5M | 10.01% |
| 4 | Fair Isaac Corp | FICO | 31,276 | $52.9M | 8.74% |
| 5 | S&P Global Inc | SPGI | 84,608 | $44.2M | 7.31% |
| 6 | Mastercard Inc | MA | 74,840 | $42.7M | 7.07% |
| 7 | Broadcom Inc | AVGO | 115,766 | $40.1M | 6.63% |
| 8 | Meta Platforms Inc | META | 55,489 | $36.6M | 6.06% |
| 9 | Walmart Inc | WMT | 324,672 | $36.2M | 5.98% |
| 10 | TransDigm Group Inc | TDG | 26,713 | $35.5M | 5.88% |
| 11 | Apple Inc | AAPL | 118,747 | $32.3M | 5.34% |
| 12 | Cadence Design Systems Inc | CDNS | 99,787 | $31.2M | 5.16% |
| 13 | Tyler Technologies Inc | TYL | 42,787 | $19.4M | 3.21% |
| 14 | ASML Holding NV | ASMLF | 13,927 | $14.9M | 2.46% |