New Position: TTRF Capital Loads Up on AI Infrastructure Company Nebius Stock
Key Points
TTRF Capital Ltd purchased 322,931 shares of Nebius Group N.V. for an estimated $64.0 million based on quarterly average pricing.
The new position represents 58.8% of the firm's total 13F assets, making it the largest holding.
The stake carried a valuation of $89.2 million as of the end of the reporting period.
- 10 stocks we like better than Nebius Group ›
A July 6, 2026 SEC filing shows TTRF Capital Ltd established a new Nebius Group N.V. (NASDAQ:NBIS) position estimated at $64.0 million using quarterly average pricing.
What happened
According to an SEC filing reported on July 6, 2026, the firm initiated its stake in the AI infrastructure provider. This entry into Nebius Group followed the company's rebranding from Yandex N.V. in August 2024. The stake's valuation reached $89.2 million by quarter-end. Separately, the firm reported 13 total equity positions in the quarter.
What else to know
- The July 6, 2026 filing confirms a new position for the firm, representing 58.8% of reported 13F assets.
- Top five holdings as of the filing date:
- Nebius Group (NASDAQ:NBIS): $89.2 million (58.8% of AUM)
- Palantir Technologies (NASDAQ:PLTR): $20.0 million (13.2% of AUM)
- AST SpaceMobile (NASDAQ:ASTS): $7.8 million (5.1% of AUM)
- SoFi Technologies (NASDAQ:SOFI): $7.7 million (5.1% of AUM)
- Meta Platforms (NASDAQ:META): $7.5 million (4.9% of AUM)
- Nebius Group has outperformed the S&P 500 index by about 300 percentage points over the past year.
Company Overview
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-07-06) | $215.08 |
| Market Capitalization | $51.75 billion |
| One Year Total Return | 328.0% |
| Employees | 1,371 |
Company Snapshot
- Nebius Group operates a comprehensive AI infrastructure platform that provides GPU computing clusters, cloud services, and developer tools to support demanding artificial intelligence workloads globally.
- The company generates revenue from its diversified portfolio, including Nebius (an AI cloud platform), Toloka AI (data solutions for generative AI development), TripleTen (technology education), and Avride (autonomous driving technologies).
- The company serves enterprise customers, AI developers, technology learners, and autonomous vehicle manufacturers seeking scalable infrastructure and specialized services within the artificial intelligence ecosystem.
Nebius Group is a technology infrastructure company headquartered in Amsterdam with 1,371 employees and a market capitalization of $51.75 billion as of July 6, 2026. The company has established itself as a critical infrastructure provider for the global AI industry, leveraging its diversified business segments to address multiple facets of AI development and deployment. With operations spanning Europe, North America, and Israel, Nebius maintains a strategic focus on providing essential computational resources and specialized services that support the accelerating adoption of artificial intelligence technologies across enterprise and consumer applications.
What this transaction means for investors
TTRF Capital is a young firm running a concentrated portfolio heavy on technology-related names. Nebius appears to be the firm’s highest-conviction stock, with the only other pure-play AI cloud infrastructure supplier being Iren Ltd. (NASDAQ:IREN) Iren isn’t among its top five holdings, however.
Most investors should work to build a more diversified portfolio, including stocks beyond the technology sector. However, owning Nebius in the higher-risk, technology portion of any portfolio may make sense for those with the proper risk tolerance.
Nebius’ services are in high demand for their GPU capacity, and even AI-leader Nvidia (NASDAQ:NVDA) owned nearly 1.2 million Nebius shares as of March 31.
Investors should be aware that the market has already built significant potential business into Nebius’ valuation. Its $50 billion market cap is lofty even given the company’s projection of revenue at an annual run rate of $7 billion to $9 billion entering 2027. Positions should be allocated accordingly, and potential volatility should be considered as the company works to manage its fast-growing sales base.
Should you buy stock in Nebius Group right now?
Before you buy stock in Nebius Group, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nebius Group wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $409,970!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,200,223!*
Now, it’s worth noting Stock Advisor’s total average return is 916% — a market-crushing outperformance compared to 210% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of July 7, 2026.
Howard Smith has positions in Nvidia. The Motley Fool has positions in and recommends AST SpaceMobile, Meta Platforms, Nvidia, and Palantir Technologies. The Motley Fool has a disclosure policy.
Recommended Articles
