Precept Management LLC
CIK
1135631
Location
Dallas, TX
Portfolio Value
Small
$107,285,583
Diversification
Highly concentrated
Filing Date
Global Rank
#4,331
/ 6,895
▲ 853
Top Industry
Semiconductors
60.6%
3Y Alpha vs SPY
+8.3%
Period ended 2 years ago
Filed Nov 14, 2023 · 2y
15 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+114.9%
SPY
+76.3%
Annualised alpha
+8.3%
Max drawdown
−23.0%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
18 positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023Top Position
39.8%
+10.6 pts
Top 5
95.8%
+9.9 pts
Top 10
98.4%
+2.9 pts
HHI
2,970
Highly concentrated+1,176
Portfolio Trend
15 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 72.9% | $78,216,730 |
| Technology | 21.2% | $22,712,133 |
| Consumer Cyclical | 3.8% | $4,067,840 |
| Basic Materials | 1.1% | $1,192,000 |
| Energy | 0.4% | $443,100 |
| Healthcare | 0.2% | $256,000 |
| Financial Services | 0.2% | $204,950 |
| Industrials | 0.2% | $192,830 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| MSFT | Microsoft Corp | −30,600 | 9,400 | $2,968,050 | |
| No positions match the current search. | |||||
Sold Out
Positions the filer fully exited
5 positions
18 positions ·
$107,285,583 total
· as of Sep 30, 2023
All sectors
Basic Materials
Consumer Cyclical
Energy
Financial Services
Healthcare
Industrials
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 100,000 | $42,748,000 | 39.85% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Added | 99,000 | $35,468,730 | 33.06% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Held | 170,000 | $17,479,400 | 16.29% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Held | 32,000 | $4,067,840 | 3.79% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 9,400 | $2,968,050 | 2.77% | |
| RAMP |
LiveRamp Holdings, Inc.
Technology
|
Held | 25,000 | $721,000 | 0.67% | |
| APLD |
Applied Digital Corp.
Technology
|
Added | 100,000 | $624,000 | 0.58% | |
| ACMR |
ACM Research, Inc.
Technology
|
Held | 30,000 | $543,150 | 0.51% | |
| CTGO |
Contango Silver & Gold Inc.
Basic Materials
|
NEW | 25,000 | $453,500 | 0.42% | |
| NVGS |
Navigator Holdings Ltd.
Energy
|
Held | 30,000 | $443,100 | 0.41% | |
| VOXR |
Vox Royalty Corp.
Basic Materials
|
Held | 205,000 | $414,100 | 0.39% | |
| SGML |
Sigma Lithium Corp
Basic Materials
|
Held | 10,000 | $324,400 | 0.30% | |
| BTMD |
biote Corp.
Healthcare
|
Held | 50,000 | $256,000 | 0.24% | |
| GDYN |
Grid Dynamics Holdings, Inc.
Technology
|
Held | 20,200 | $246,036 | 0.23% | |
| RILY |
BRC Group Holdings, Inc.
Financial Services
|
NEW | 5,000 | $204,950 | 0.19% | |
| NVDA |
Nvidia Corp
Technology
|
Held | 3,000 | $130,497 | 0.12% | |
| EVLV |
Evolv Technologies Holdings, Inc.
Industrials
|
Held | 25,000 | $121,500 | 0.11% | |
| LILMF |
Lilium N.V.
Industrials
|
NEW | 100,000 | $71,330 | 0.07% |