Tran Capital Management

3 strategies

Tran Capital Management publishes a letter per strategy. Each one has its own page — what it holds, what it bought, what it wrote.

• Tran Capital Management Midcap Equity Strategy1

  6 companies

  YTD +12.3% (Jun 30, 2026)

• Tran Capital Management Multi-Cap Growth1

  8 companies

  YTD +10.5% · 1Y +14.9% · 3Y +16.8%/yr (Jun 30, 2026)

• Tran Capital Management Partners Strategy1

  3 companies

  YTD +14.2% · 1Y +20.2% · 3Y +18.1%/yr (Jun 30, 2026)

Returns as reported in each strategy’s latest letter, extracted automatically and not verified by us; one share class, in its own currency. Not investment advice. Past performance does not predict future returns.

What they bought and sold · 1 move

• AddedPalo Alto Networks

  June 2026

  “When markets sold off earlier this year, we held conviction in our portfolio companies and selectively added to our positions.”

  Read the letter→

Companies held · 5

Every company Tran Capital Management has disclosed a position in across our archive, with the letter that last mentioned it.

• ARM HoldingsJun 2026
• Bloom EnergyJun 2026
• Palo Alto NetworksJun 2026
• Taiwan Semiconductor Manufacturing CompanyJun 2026
• Talen EnergyJun 2026

Theses · 6

• Palo Alto Networks

  June 2026

  Palo Alto Networks sells cybersecurity platforms and is viewed as a long-term share gainer thanks to platformization and secular security demand.

  Read the full thesis→
• Talen Energy

  June 2026

  Talen Energy owns nuclear power assets and is positioned to benefit from rising AI-driven demand for reliable carbon-free electricity.

  Read the full thesis→
• Bloom Energy

  June 2026

  Bloom Energy provides on-site solid oxide fuel cells that solve AI power bottlenecks, with improving economics, Oracle validation, and rapid revenue growth.

  Read the full thesis→
• TSMC

  June 2026

  TSMC is expected to benefit from rising data center compute demand for AI training and inference.

  Read the full thesis→
• ARM Holdings

  June 2026

  ARM Holdings powers most mobile devices and is increasingly exposed to AI data center workloads, with its new AGI CPU seen as an inflection point for growth.

  Read the full thesis→
• Taiwan Semiconductor Manufacturing Company

  June 2026

  Taiwan Semiconductor Manufacturing Company is central to AI chip production, with unmatched scale, strong demand, rising margins, and durable growth potential.

  Read the full thesis→

Letter archive · 3