Filed: 5/15/2026ACC: 0001915842-26-000007
📋 What this filing means
NEARWATER CAPITAL MARKETS, LTD filed this quarterly 13F‑HR report disclosing 82 equity positions with a total reported market value of $4.24B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
82
Positions
$4.24B
Total AUM (reported)
45M
Total Shares
Allocation by class
COM$2.25B53.1%
PORTFOLIO DEVLPD$275.69M6.5%
CL A$201.16M4.7%
JUNIOR GOLD MINE$196.63M4.6%
VAN FTSE DEV MKT$142.71M3.4%
CORE MSCI TOTAL$122.47M2.9%
COM NEW$89.35M2.1%
Portfolio Concentration
Top 3$781.09M18.4%
4–10$947.03M22.3%
11–25$1.13B26.7%
Rest$1.38B32.5%
Top 3 weight
18.4%
Top 10 weight
40.8%
Voting Authority Distribution
Total shares with voting rights: 45M
Sole
Full voting authority
45M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole82
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings82
Rows:
ST STR SPDR POR DE WO EX US ETF
SOLEShares6.04M
TypeSH
Market value$275.69M
6.50%
Sole
6.04M
Shared
0.00
None
0.00
APPLE ORD
SOLEShares1.01M
TypeSH
Market value$256.35M
6.05%
Sole
1.01M
Shared
0.00
None
0.00
NVIDIA ORD
SOLEShares1.43M
TypeSH
Market value$249.04M
5.87%
Sole
1.43M
Shared
0.00
None
0.00
VANECK JUNIOR GOLD MINERS ETF
SOLEShares1.64M
TypeSH
Market value$196.63M
4.64%
Sole
1.64M
Shared
0.00
None
0.00
VANGUARD FTSE DEVELOPED MARKETS ETF
SOLEShares2.23M
TypeSH
Market value$142.71M
3.37%
Sole
2.23M
Shared
0.00
None
0.00
AMAZON COM ORD
SOLEShares640K
TypeSH
Market value$133.29M
3.14%
Sole
640K
Shared
0.00
None
0.00
SANDISK ORD
SOLEShares206K
TypeSH
Market value$130.88M
3.09%
Sole
206K
Shared
0.00
None
0.00
ISHARES CORE MSCI TOTL INTL STCK ETF
SOLEShares1.41M
TypeSH
Market value$122.47M
2.89%
Sole
1.41M
Shared
0.00
None
0.00
TERNS PHARMACEUTICALS ORD
SOLEShares2.15M
TypeSH
Market value$113.37M
2.67%
Sole
2.15M
Shared
0.00
None
0.00
CATERPILLAR ORD
SOLEShares152K
TypeSH
Market value$107.69M
2.54%
Sole
152K
Shared
0.00
None
0.00
BROADCOM ORD
SOLEShares301K
TypeSH
Market value$93.16M
2.20%
Sole
301K
Shared
0.00
None
0.00
JOHNSON & JOHNSON ORD
SOLEShares370K
TypeSH
Market value$90.44M
2.13%
Sole
370K
Shared
0.00
None
0.00
ISHARES MSCI ACWI ETF
SOLEShares641.70K
TypeSH
Market value$88.79M
2.09%
Sole
641.70K
Shared
0.00
None
0.00
ALPHABET CL A ORD
SOLEShares292K
TypeSH
Market value$83.97M
1.98%
Sole
292K
Shared
0.00
None
0.00
VANECK GOLD MINERS ETF
SOLEShares904K
TypeSH
Market value$82.96M
1.96%
Sole
904K
Shared
0.00
None
0.00
WELLS FARGO ORD
SOLEShares1M
TypeSH
Market value$79.93M
1.89%
Sole
1M
Shared
0.00
None
0.00
VANGUARD FTSE PACIFIC ETF
SOLEShares787.90K
TypeSH
Market value$77.00M
1.82%
Sole
787.90K
Shared
0.00
None
0.00
NEWMONT ORD
SOLEShares702K
TypeSH
Market value$75.99M
1.79%
Sole
702K
Shared
0.00
None
0.00
GLOBAL X COPPER MINERS ETF
SOLEShares934.40K
TypeSH
Market value$71.34M
1.68%
Sole
934.40K
Shared
0.00
None
0.00
KRANESHARES CSI CHINA INTERNET ETF
SOLEShares2.38M
TypeSH
Market value$67.70M
1.60%
Sole
2.38M
Shared
0.00
None
0.00
TERADYNE ORD
SOLEShares225K
TypeSH
Market value$66.70M
1.57%
Sole
225K
Shared
0.00
None
0.00
REVOLUTION MEDICINES ORD
SOLEShares678K
TypeSH
Market value$65.94M
1.56%
Sole
678K
Shared
0.00
None
0.00
NORWEGIAN CRUISE LINE HOLDINGS ORD
SOLEShares3.40M
TypeSH
Market value$63.67M
1.50%
Sole
3.40M
Shared
0.00
None
0.00
PROCTER & GAMBLE ORD
SOLEShares435K
TypeSH
Market value$62.83M
1.48%
Sole
435K
Shared
0.00
None
0.00
META PLATFORMS CL A ORD
SOLEShares107K
TypeSH
Market value$61.22M
1.44%
Sole
107K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ST STR SPDR POR DE WO EX US ETFSOLE | PORTFOLIO DEVLPD | 6.04M | SH | $275.69M 6.50% | 6.04M | 0.00 | 0.00 |
APPLE ORDSOLE | COM | 1.01M | SH | $256.35M 6.05% | 1.01M | 0.00 | 0.00 |
NVIDIA ORDSOLE | COM | 1.43M | SH | $249.04M 5.87% | 1.43M | 0.00 | 0.00 |
VANECK JUNIOR GOLD MINERS ETFSOLE | JUNIOR GOLD MINE | 1.64M | SH | $196.63M 4.64% | 1.64M | 0.00 | 0.00 |
VANGUARD FTSE DEVELOPED MARKETS ETFSOLE | VAN FTSE DEV MKT | 2.23M | SH | $142.71M 3.37% | 2.23M | 0.00 | 0.00 |
AMAZON COM ORDSOLE | COM | 640K | SH | $133.29M 3.14% | 640K | 0.00 | 0.00 |
SANDISK ORDSOLE | COM | 206K | SH | $130.88M 3.09% | 206K | 0.00 | 0.00 |
ISHARES CORE MSCI TOTL INTL STCK ETFSOLE | CORE MSCI TOTAL | 1.41M | SH | $122.47M 2.89% | 1.41M | 0.00 | 0.00 |
TERNS PHARMACEUTICALS ORDSOLE | COM | 2.15M | SH | $113.37M 2.67% | 2.15M | 0.00 | 0.00 |
CATERPILLAR ORDSOLE | COM | 152K | SH | $107.69M 2.54% | 152K | 0.00 | 0.00 |
BROADCOM ORDSOLE | COM | 301K | SH | $93.16M 2.20% | 301K | 0.00 | 0.00 |
JOHNSON & JOHNSON ORDSOLE | COM | 370K | SH | $90.44M 2.13% | 370K | 0.00 | 0.00 |
ISHARES MSCI ACWI ETFSOLE | MSCI ACWI ETF | 641.70K | SH | $88.79M 2.09% | 641.70K | 0.00 | 0.00 |
ALPHABET CL A ORDSOLE | CAP STK CL A | 292K | SH | $83.97M 1.98% | 292K | 0.00 | 0.00 |
VANECK GOLD MINERS ETFSOLE | GOLD MINERS ETF | 904K | SH | $82.96M 1.96% | 904K | 0.00 | 0.00 |
WELLS FARGO ORDSOLE | COM | 1M | SH | $79.93M 1.89% | 1M | 0.00 | 0.00 |
VANGUARD FTSE PACIFIC ETFSOLE | FTSE PACIFIC ETF | 787.90K | SH | $77.00M 1.82% | 787.90K | 0.00 | 0.00 |
NEWMONT ORDSOLE | COM | 702K | SH | $75.99M 1.79% | 702K | 0.00 | 0.00 |
GLOBAL X COPPER MINERS ETFSOLE | GLOBAL X COPPER | 934.40K | SH | $71.34M 1.68% | 934.40K | 0.00 | 0.00 |
KRANESHARES CSI CHINA INTERNET ETFSOLE | CSI CHI INTERNET | 2.38M | SH | $67.70M 1.60% | 2.38M | 0.00 | 0.00 |
TERADYNE ORDSOLE | COM | 225K | SH | $66.70M 1.57% | 225K | 0.00 | 0.00 |
REVOLUTION MEDICINES ORDSOLE | COM | 678K | SH | $65.94M 1.56% | 678K | 0.00 | 0.00 |
NORWEGIAN CRUISE LINE HOLDINGS ORDSOLE | SHS | 3.40M | SH | $63.67M 1.50% | 3.40M | 0.00 | 0.00 |
PROCTER & GAMBLE ORDSOLE | COM | 435K | SH | $62.83M 1.48% | 435K | 0.00 | 0.00 |
META PLATFORMS CL A ORDSOLE | CL A | 107K | SH | $61.22M 1.44% | 107K | 0.00 | 0.00 |
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