LongSIMOJun 2026
Silicon Motion Technology Corporation
Silicon Motion was a notable contributor in the quarter as demand for NAND flash controllers recovered strongly. The position fits the fund's preference for technology companies…
Nomura Small Cap Growth Fund
Quality-oriented US small-cap growth equity using quantitative business-model screens and fundamental research across compounders, dreamers and inflectors.$984M AUM6 published ideas
Nomura Small Cap Growth Fund is a US small-cap growth mutual fund managed within Nomura Asset Management. Its process emphasizes structural business-model quality, including high and improving gross profit asset efficiency, durable competitive advantages and healthy free cash flow, while avoiding speculative companies that fail its quality screen.
Ideas from Nomura Small Cap Growth Fund
LongMKSIJun 2026
MKS Inc.
MKS is held as part of the fund's semiconductor exposure. The company benefited from tailwinds in semiconductor capital equipment and compound semiconductors during the quarter…
LongMTSIJun 2026
MACOM Technology Solutions Holdings Inc.
MACOM is part of the fund's semiconductor exposure and participated in strong gains tied to semiconductor capital equipment and compound semiconductor tailwinds. The holding fits…
LongKLICJun 2026
Kulicke & Soffa Industries Inc.
Kulicke & Soffa is another semiconductor holding that benefited from capital-equipment and compound-semiconductor tailwinds. The fund's broader framework favors AI infrastructure…
LongCHEFJun 2026
The Chefs' Warehouse Inc.
The Chefs' Warehouse was a meaningful contributor within consumer staples. The fund attributes the performance to robust demand trends and solid execution in specialty food…
LongTARSJun 2026
Tarsus Pharmaceuticals Inc.
Tarsus weighed on quarterly performance as its share price declined. The fund nevertheless stated that the fundamental thesis remains intact and centers on the company's novel…
Letters covered
- Nomura Small Cap Growth Fund Quarterly CommentaryJune 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.