Birch Run Capital Advisors, LP

CIK

1541457

Location

NEW YORK, NY

Portfolio Value

Micro $8,630,904

Diversification

Diversified

Filing Date

Global Rank

#4,758 / 5,924 ▼ 157

Top Industry

Oil & Gas Refining & Marketing 12.6%

3Y Alpha vs SPY

-6.7%

Period ended 4 years ago

Filed Nov 15, 2021 · 4y

7 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+48.8%

SPY

+76.3%

Annualised alpha

-6.7%

Max drawdown

−22.2%

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

17 positions · as of Sep 30, 2021 · Δ vs Jun 30, 2021

Top Position

12.6%

−0.9 pts

Top 5

47.0%

−6.6 pts

Top 10

79.1%

−3.4 pts

HHI

748

Diversified−86

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2021

Sector	% Portfolio	Value	Positions
Real Estate	17.9%	$11,915,642	2
Energy	15.8%	$10,520,185	2
Basic Materials	15.7%	$10,447,320	2
Consumer Cyclical	15.3%	$10,201,160	3
Technology	12.9%	$8,630,904	3
Industrials	9.0%	$6,021,453	2
Financial Services	7.6%	$5,086,706	1
Consumer Defensive	4.9%	$3,262,421	1
Communication Services	0.9%	$575,178	1

Last Quarter's Activity

Export CSV

Sep 30, 2021 vs Jun 30, 2021

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
NMRK	Newmark Group, Inc.	−415,292	452,286	$6,472,212
NPO	Enpro Inc.	−70,000	39,839	$3,470,773
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

3 positions · $8,630,904 total · Technology only · as of Sep 30, 2021

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Industrials Real Estate Technology

Ticker	Company	Type	Shares	Value (USD)	% Δ Value	% of Portfolio
APH	Amphenol Corp /De/ Technology	Held	8,600	$314,889	+7.0%	3.65%
ADP	Automatic Data Processing Inc Technology	Held	16,811	$3,360,855	+0.7%	38.94%
SSNC	SS&C Technologies Holdings Inc Technology	Held	71,400	$4,955,160	−3.7%	57.41%