Gavin Baker’s $4.1B portfolio focuses on AI infrastructure, with top holdings in Astera Labs ($ALAB) at 8.99%, Unity ($U) at 6.62%, and Ciena ($CIEN) at 6.40%. Other significant positions include Micron ($MU), NVIDIA ($NVDA), Amazon ($AMZN), Lumentum ($LITE), Google ($GOOGL), and Coherent ($COHR). The portfolio also features smaller allocations to TSMC, ASML, AMD, Intel, Texas Instruments, Qualcomm, Salesforce, Microsoft, and Meta.