Jacob Funds
Jacob Funds Management
Large-cap
Apr 2026 → Oct 2026
Our archive holds 3 letters from this strategy, behind 8 investment theses and positions in 11 companies. Every quote below is copied verbatim from the letter it came from.
3 letters in a year — follow all of Jacob Funds for every strategy.
What it bought and sold
The Jacob Internet Fund added one new position in the quarter: Rambus.
- AddedSecuritizeJul 2026
The Jacob Internet Fund added one new position in the quarter, Securitize.
The Jacob Discovery Fund also added a position in Securitize in the quarter as well as a new position in Kyverna Therapeutics.
The Jacob Internet Fund added four new positions in the quarter, Circle Internet Group, CrowdStrike, Reddit and Robinhood.
The Jacob Internet Fund added four new positions in the quarter, Circle Internet Group, CrowdStrike, Reddit and Robinhood.
- New positionCircle Internet GroupApr 2026
The Jacob Internet Fund added four new positions in the quarter, Circle Internet Group, CrowdStrike, Reddit and Robinhood.
The Jacob Small Cap Growth Fund also added a position in Circle Internet Group, as well as Vir Biotechnology.
The Jacob Discovery Fund added one new position in the quarter, Energous.
The Jacob Internet Fund added four new positions in the quarter, Circle Internet Group, CrowdStrike, Reddit and Robinhood.
Its investment theses
- RambusOct 2026Rambus is a long-time leader in memory chip technology that should benefit from AI-driven data center bottlenecks, memory pooling, and MRDIMM adoption, supporting faster growth and higher margins.
- Kyverna TherapeuticsJul 2026Kyverna Therapeutics is developing cell therapies for autoimmune diseases, with early data in stiff person syndrome and platform potential across larger indications.
- SecuritizeJul 2026Securitize is a tokenization company with major partnerships, rapid asset growth, and a strong regulatory moat.
- Vir BiotechnologyApr 2026Vir Biotechnology is developing masked BiTE immunotherapies with potentially better efficacy and lower toxicity, backed by collaboration funding.
- RobinhoodApr 2026Robinhood is a consumer fintech platform whose expanding services and new initiatives could turn it into a broader financial super-app.
- Circle Internet GroupApr 2026Circle Internet Group is a stablecoin and blockchain payments platform that benefits from rapid USDC growth and a potential adoption inflection point.
- RedditApr 2026Reddit is a user-generated community platform with strong engagement, improving ad monetization, and growing data value for AI partnerships.
- CrowdStrikeApr 2026CrowdStrike is a cloud-native cybersecurity leader positioned to secure autonomous AI agents and enterprise adoption of agentic AI.