Precept Management LLC
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Nov 2026 | $5,410,000 | Pooled investment vehicles (100%) |
| Apr 2025 to Mar 2026 | $13,700,000 | Pooled investment vehicles (100%) |
| Apr 2024 to Mar 2025 | $15,724,000 | Pooled investment vehicles (100%) |
| May 2023 to Mar 2024 | $128,018,000 | Pooled investment vehicles (100%) |
| Apr 2023 | $128,018,000 | Pooled investment vehicles (100%) |
| Apr 2022 to Mar 2023 | $261,700,000 | Pooled investment vehicles (100%) |
Portfolio style
Measured from the filed 13F common-share book for Sep 30, 2023, never from the firm's own description.
Closest benchmark: the Nasdaq-100 as of 2023-09-30, active share 83.2%; sector active share 52.8% against the combined 13F book's sector weights.
Over time 15 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
23 tracked positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023Portfolio Trend
Sector Breakdown
As of Sep 30, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 75.8% | $94,736,104 |
| Technology | 19.1% | $23,886,606 |
| Consumer Cyclical | 3.3% | $4,067,840 |
| Basic Materials | 1.0% | $1,192,000 |
| Energy | 0.4% | $443,100 |
| Healthcare | 0.3% | $331,000 |
| Financial Services | 0.2% | $204,950 |
| Industrials | 0.2% | $192,830 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| APLD | Applied Digital Corp. | +80,000 | 100,000 | $624,000 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| 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| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPY |
Spdr S&P 500 ETF Trust
PUT
+ SHARES
|
Added | 100,000 | $42,748,000 | 34.18% | |
| QQQ |
Invesco Qqq Trust, Series 1
PUT
+ SHARES
|
Added | 99,000 | $35,468,730 | 28.36% | |
| AMD |
Advanced Micro Devices Inc
PUT
+ SHARES
Technology
|
Held | 170,000 | $17,479,400 | 13.98% | |
| IWM |
iShares Russell 2000 ETF
|
Held | 45,100 | $7,970,974 | 6.37% | |
|
PUT
|
NEW | 200,000 | $5,474,000 | 4.38% | ||
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Held | 32,000 | $4,067,840 | 3.25% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 9,400 | $2,968,050 | 2.37% | |
| MSOS |
AdvisorShares Pure US Cannabis ETF
PUT
CALL
|
NEW | 300,000 | $2,382,000 | 1.90% | |
| NVDA |
Nvidia Corp
Technology
|
Held | 3,000 | $1,304,970 | 1.04% | |
| RAMP |
LiveRamp Holdings, Inc.
Technology
|
Held | 25,000 | $721,000 | 0.58% | |
|
|
Held | 20,000 | $692,400 | 0.55% | ||
| APLD |
Applied Digital Corp.
Technology
|
Added | 100,000 | $624,000 | 0.50% | |
| ACMR |
ACM Research, Inc.
Technology
|
Held | 30,000 | $543,150 | 0.43% | |
| CTGO |
Contango Silver & Gold Inc.
Basic Materials
|
NEW | 25,000 | $453,500 | 0.36% | |
| NVGS |
Navigator Holdings Ltd.
Energy
|
Held | 30,000 | $443,100 | 0.35% | |
| VOXR |
Vox Royalty Corp.
Basic Materials
|
Held | 205,000 | $414,100 | 0.33% | |
| SGML |
Sigma Lithium Corp
Basic Materials
|
Held | 10,000 | $324,400 | 0.26% | |
| BTMD |
biote Corp.
Healthcare
|
Held | 50,000 | $256,000 | 0.20% | |
| GDYN |
Grid Dynamics Holdings, Inc.
Technology
|
Held | 20,200 | $246,036 | 0.20% | |
| RILY |
BRC Group Holdings, Inc.
Financial Services
|
NEW | 5,000 | $204,950 | 0.16% | |
| EVLV |
Evolv Technologies Holdings, Inc.
Industrials
|
Held | 25,000 | $121,500 | 0.10% | |
| AZTR |
Azitra, Inc.
Healthcare
|
Held | 50,000 | $75,000 | 0.06% | |
| LILMF |
Lilium N.V.
Industrials
|
NEW | 100,000 | $71,330 | 0.06% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.