Proem Advisors LLC

Hedge Fund • Long/Short

Proem Advisors LLC is a Long/Short Hedge Fund based in New York, NY led by Thomas Edward Schmidt, managing $415.8M across 28 long positions as of Q3 2025 with 57% Technology concentration, 68% concentrated in top 10 holdings, and 57% technology allocation.

CEOThomas Edward Schmidt

Portfolio Value: $415.8M
Positions: 28
Top Holding: NVDA at 10.1%
Last Reported: Q3 2025

Address91 Fifth Ave, Fifth Floor, New York, NY, 10003, United States

Top Holdings

Largest long holdings in Proem Advisors LLC's portfolio (67.9% of total portfolio)

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Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Nvidia NVDA	Semiconductors Technology	$42.0M	10.10%	-$932.9K Sold	0.00% 225.0K shares	Q4 2024 Held for 11 months
2 Microsoft MSFT	Software - Infrastructure Technology	$36.3M	8.72%	-$5.2M Sold	0.00% 70.0K shares	Q4 2024 Held for 11 months
3 Applovin Corporation APP	Software - Application Technology	$35.0M	8.43%	+$13.5M Bought	0.01% 48.8K shares	Q4 2024 Held for 11 months
4 Alphabet Inc. GOOG	Internet Content & Information Communication Services	$32.9M	7.90%	+$8.5M Bought	0.00% 134.9K shares	Q4 2024 Held for 11 months
5 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$25.7M	6.18%	+$11.0M Bought	0.00% 35.0K shares	Q1 2025 Held for 8 months
6 Oracle ORCL	Software - Infrastructure Technology	$25.3M	6.09%	+$12.7M Bought	0.00% 90.0K shares	Q4 2024 Held for 11 months
7 iShares Russell 2000 IWM	ETF ETF	$24.2M	5.82%	+$24.2M New	— 100.0K shares	Q4 2024 Held for 11 months
8 Broadcom Inc. AVGO	Semiconductors Technology	$23.1M	5.55%	+$3.3M Bought	0.00% 70.0K shares	Q4 2024 Held for 11 months
9 Dave, Inc. DAVE	Software - Application Technology	$19.5M	4.69%	-$19.9M Sold	0.72% 97.8K shares	Q4 2024 Held for 11 months
10 Iris Energy IREN	Financial - Capital Markets Financial Services	$18.5M	4.46%	+$234.7K Bought	0.15% 395.0K shares	Q2 2025 Held for 5 months

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Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Proem Advisors LLC's latest filing

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Market Value

$415.8M

Prior: $370.1M

Q/Q Change

+12.33%

+$45.6M

Net Flows % of MV

-4.2%

Turnover Ratio

33.98%

New Purchases

7 stocks

$64.0M

Added To

11 stocks

+$68.5M

Sold Out Of

8 stocks

$40.5M

Reduced Holdings

7 stocks

-$113.1M

Increased Positions

Position	Shares Δ	Change
1 iShares Russell 2000 IWM	New	0 → 100.0K +$24.2M
2 Opendoor Technologies Inc OPEN	New	0 → 2.0M +$15.9M
3 MongoDB MDB	New	0 → 23.5K +$7.3M
4 Compass COMP	New	0 → 850.0K +$6.8M
5 Sea Limited SE	New	0 → 30.0K +$5.4M

Decreased Positions

Position	Shares Δ	Change
1 Snowflake SNOW	Sold	40.0K → 0 −$9.0M
2 Tesla, Inc. TSLA	Sold	20.0K → 0 −$6.4M
3 DocuSign DOCU	Sold	80.0K → 0 −$6.2M
4 Affirm Holdings, Inc. AFRM	Sold	90.1K → 0 −$6.2M
5 Spotify Technology SPOT	Sold	5.0K → 0 −$3.8M