与标普500指数的表现对比

03
追踪时间 Q1 2025–Q2 2026 +15.4%
标普500指数同期总回报率 +37.0%
超额回报 -21.6%

年化：+12.1% · 标普500指数：+28.7%

近似于基于季度SEC 13F快照构建的买入并持有投资组合。不包括现金、空头头寸、期权/衍生品和非13(f)证券——仅反映已披露的多头股票账簿，而非基金总资产管理规模。SEC文件延迟最多可达45天；这不是一个可实时复制的交易。

可定价覆盖率：98.1% · 已排除期权：0.0%

行业细分

04
Financials 34.9%
Communication Services 21.9%
Energy 17.5%
Industrials 6.2%
Consumer products 5.0%
Retail 3.8%
Technology 3.2%
Healthcare 2.8%
Real Estate 1.6%
Consumer Staples 1.3%
Consumer Discretionary 0.0%
其他/未映射 1.8%

完整投资组合 73 持仓

05
类型 连胜 8个季度趋势
C Citigroup, Inc. Common Stock $44087400 15.55% 315000 $8363250
NXST Nexstar Media Group, Inc. - Common Stock $40626010 14.33% 227482 $-509560
KMB Kimberly-Clark Corporation - Common Stock $13172400 4.64% 120000 $3525400 上涨 ×2
ACI Albertsons Companies, Inc. Class A Common Stock $10645215 3.75% 786786 $-2761618
OWL Blue Owl Capital Inc. Class A Common Stock $10325000 3.64% 1180000 $-448400
VOYG Voyager Technologies, Inc. Class A Common Stock $9675000 3.41% 300000 $-11257670 下跌 ×1
MSDL Morgan Stanley Direct Lending Fund Common Stock $9548280 3.37% 631500 $732540
CMCSA Comcast Corporation - Class A Common Stock $9500850 3.35% 387000 $1835280 上涨 ×1
EPD Enterprise Products Partners L.P. Common Stock $9373800 3.31% 255000 $-275400
PAA Plains All American Pipeline, L.P. - Common Units representing Limited Partner Interests $9326940 3.29% 419000 $115815 上涨 ×1
ET Energy Transfer LP Common Units $8621131 3.04% 450896 $-81162
GPN Global Payments Inc. Common Stock $6929480 2.44% 95500 上涨 ×1
UBER Uber Technologies, Inc. Common Stock $6494400 2.29% 90000 $20700
TALO Talos Energy, Inc. Common Stock $6295394 2.22% 487637 $-1389765
MNTN MNTN, Inc. Class A Common Stock $5793084 2.04% 629683 $691874 上涨 ×1
GSBD Goldman Sachs BDC, Inc. Common Stock $4802208 1.69% 506562 $303937
TYG Tortoise Energy Infrastructure Corporation Common Stock $4720073 1.66% 110102 $-768512
FISV Fiserv, Inc. - Common Stock $4659750 1.64% 95000 上涨 ×1
RPC Ridgepost Capital, Inc. Class A Common Stock $4249800 1.50% 540000 $329400
BEN Franklin Resources, Inc. Common Stock $3964121 1.40% 119150 $1149798
KBDC Kayne Anderson BDC, Inc. Common Stock $3841208 1.35% 283903 $1016219 上涨 ×1
BMY Bristol-Myers Squibb Company Common Stock $3457200 1.22% 60000 $-181800
ACN Accenture plc Class A Ordinary Shares (Ireland) $3111000 1.10% 25000 上涨 ×1
SATS EchoStar Corporation - Common stock $3045000 1.07% 30000 上涨 ×1
PFX PhenixFIN Corporation - Common Stock $2737757 0.97% 64327 $225145
KHC The Kraft Heinz Company - Common Stock $2598200 0.92% 110000 $124300
OKE ONEOK, Inc. Common Stock $2188454 0.77% 25172 $-86843
GTN Gray Media, Inc. Common Stock $2144602 0.76% 540202 $-199875
CRM Salesforce, Inc. Common Stock $1879920 0.66% 12000 $-3160170 下跌 ×1
WDAY Workday, Inc. - Class A Common Stock $1713880 0.60% 14000 $-884520 下跌 ×1
LCNB LCNB Corporation - Common Stock $1646108 0.58% 93582 $187164
NOW ServiceNow, Inc. Common Stock $1588480 0.56% 16000 $1065730 上涨 ×1
VTRS Viatris Inc. - Common Stock $1588000 0.56% 100000 $237000
MBC MasterBrand, Inc. Common Stock $1532778 0.54% 148958 上涨 ×1
MPLX MPLX LP Common Units Representing Limited Partner Interests $1408250 0.50% 25000 $-18500
EFC Ellington Financial Inc. Common Stock $1361000 0.48% 100000 $176000
SUN Sunoco LP Common Units representing limited partner interests $1350000 0.48% 20000 $50600
DERM Journey Medical Corporation - Common Stock $1274400 0.45% 180000 $430200
IVZ Invesco Ltd Common Stock $1187550 0.42% 45000 $94500
KVUE Kenvue Inc. Common Stock $1146600 0.40% 60000 $112200
SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) $1124330 0.40% 14500 $-224170
ARI Apollo Commercial Real Estate Finance, Inc $1123045 0.40% 105154 $12619
WES Western Midstream Partners, LP Common Units Representing Limited Partner Interests $1115880 0.39% 25500 $66045
PSX Phillips 66 Common Stock $1056563 0.37% 6250 $-82062
CLPR Clipper Realty Inc. Common Stock $1011960 0.36% 372044 $-111613
TAP Molson Coors Beverage Company Class B Common Stock $974000 0.34% 25000 $-102500
LILAK Liberty Latin America Ltd. - Class C Common Stock $973750 0.34% 125000 $-128750
USAC USA Compression Partners, LP Common Units Representing Limited Partner Interests $927609 0.33% 35150 $-25659
DKL Delek Logistics Partners, L.P. Common Units representing Limited Partner Interests $876180 0.31% 17000 $30260
HESM Hess Midstream LP Class A Representing Limited Partner Interests $827200 0.29% 22000 $-27940
GLP Global Partners LP Common Units representing Limited Partner Interests $815325 0.29% 17500 $78575
KNTK Kinetik Holdings Inc. Class A Common Stock $773440 0.27% 16000 $-1120
COP ConocoPhillips Common Stock $727720 0.26% 7000 $-196280
BHF Brighthouse Financial, Inc. - Common Stock $719215 0.25% 11362 $38859
RC Ready Capital Corporation Common Stock $675710 0.24% 386120 $50195
XPER Xperi Inc. Common Stock $667213 0.24% 81071 $213217
WMB Williams Companies, Inc. (The) Common Stock $631890 0.22% 8500 $267990 上涨 ×1
ARLP Alliance Resource Partners, L.P. - Common Units Representing Limited Partnership Interests $611490 0.22% 25500 $-93585
OMER Omeros Corporation - Common Stock $609715 0.21% 64113 $-67318
AM Antero Midstream Corporation Common Stock $477750 0.17% 21000 $-1050
FLNG FLEX LNG Ltd. Ordinary Shares $477020 0.17% 17000 $-13195 上涨 ×1
TVRD Tvardi Therapeutics, Inc. - Common Stock $424952 0.15% 223659 $-286284
VSNT Versant Media Group, Inc. - Class A Common Stock $384587 0.14% 10680 $-10787
PGEN Precigen, Inc. - Common Stock $376850 0.13% 66114 $120989
CAPL CrossAmerica Partners LP Common Units representing limited partner interests $336300 0.12% 15000 $24600
CFFN Capitol Federal Financial, Inc. - Common Stock $306360 0.11% 36000 $49680
CGTX Cognition Therapeutics, Inc. - Common Stock $235750 0.08% 205000 $80052
TWO Two Harbors Investment Corp $172465 0.06% 13897 $13758
KRP Kimbell Royalty Partners Common Units Representing Limited Partner Interests $145300 0.05% 10000 $600
GPMT Granite Point Mortgage Trust Inc. Common Stock $121532 0.04% 81021 $4052
KROS Keros Therapeutics, Inc. - common stock $108124 0.04% 10105 $-3435
FLL Full House Resorts, Inc. - Common Stock $98573 0.03% 35331 $19078
CURI CuriosityStream Inc. - Class A Common Stock $74299 0.03% 27932 $-8380

最大新仓位

09

本季度新开仓位，按规模从大到小排序。

证券价值股份% 占投资组合
GPN $6929480 95500 2.44%
FISV $4659750 95000 1.64%
ACN $3111000 25000 1.10%
SATS $3045000 30000 1.07%
MBC $1532778 148958 0.54%

季度涨幅榜

10
证券操作股份变动价值变动
VOYG 削减 -595K -$11.3M
C 仅价格变动 +0 +$8.4M
KMB 增持 +20K +$3.5M
CRM 削减 -15K -$3.2M
ACI 仅价格变动 +0 -$2.8M
CMCSA 增持 +120K +$1.8M
TALO 仅价格变动 +0 -$1.4M
BEN 仅价格变动 +0 +$1.1M
NOW 增持 +11K +$1.1M
KBDC 增持 +78K +$1.0M

已退出持仓

11

包含公司事件（合并、退市）——并非所有退出都是卖出

已关闭的头寸反映了 13F 报告的变更；对于指数管理人来说，这些通常是机械性的（退市、并购、指数再平衡），而不是主动决策。

证券季度先前持股数先前价值退出后价格
GM 2025年12月31日 190000 $11584300 -6.6%
EOSE 2026年3月31日 971928 $11138295 -65.1%
SBGI 2025年9月30日 658420 $9099364 -17.9%
WBD 2025年9月30日 661665 $7582681 不再跟踪
MT 2025年6月30日 133333 $3846657 88.2%
ICLR 2026年6月30日 20000 $2213200 6.7%
AMWD 2026年6月30日 28924 $1152043 不再跟踪
IHRT 2026年6月30日 162091 $473306 -56.4%
VG 2025年12月31日 12000 $170280 105.3%
ONCO 2025年6月30日 36023 $2810