Nearwater Capital Markets, Ltd
Annual return '25
+26.8%
SPY '25
+17.7%
Alpha
+9.1ptsvs SPY
Invested
$4.2B
Holdings
101
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 96%. 3 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$SPDW
ST STR SPDR POR DE WO EX US ETF
Held since at least Q1 2024
6.5%
02
$AAPL
APPLE ORD
Q1 2026: New position (7.3k shares)
6.0%
03
$NVDA
NVIDIA ORD
Q1 2026: New position (5.3k shares)
5.9%
04
$GDXJ
VANECK JUNIOR GOLD MINERS ETF
Held since at least Q1 2024
4.6%
05
$VEA
VANGUARD FTSE DEVELOPED MARKETS ETF
Q1 2026: New position (3.6k shares)
3.4%
06
$AMZN
AMAZON COM ORD
Q1 2026: New position (4.9k shares)
3.1%
07
$SNDK
SANDISK ORD
Held since at least Q1 2024
3.1%
08
$IXUS
ISHARES CORE MSCI TOTL INTL STCK ETF
Held since at least Q1 2024
2.9%
09
$TERN
TERNS PHARMACEUTICALS ORD
Held since at least Q1 2024
2.7%
10
$CAT
CATERPILLAR ORD
Held since at least Q1 2024
2.5%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 09:46 UTC.