Headlands Technologies LLC

CIK

1570271

Location

CHICAGO, IL

Portfolio Value

Small $759,380,860

Diversification

Diversified

Filing Date

Global Rank

#2,079 / 8,622 ▼ 225 · as of Mar 2026

Top Industry

Software - Application 7.7%

3Y Alpha vs SPY

-4.3%

Period ended 4 months ago

Filed May 13, 2026 · 3mo

14 quarters · since Dec 2022

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+56.1%

SPY

+67.9%

Annualised alpha

-2.9%

Max drawdown

−20.0%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

627 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.6%

−3.1 pts

Top 5

18.8%

+0.1 pts

Top 10

27.8%

+1.1 pts

HHI

111

Diversified−20

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	25.3%	$191,907,471	124
Consumer Cyclical	14.5%	$110,425,042	66
Financial Services	11.3%	$85,642,981	72
Healthcare	10.4%	$79,344,679	128
Communication Services	10.0%	$75,680,455	29
Industrials	8.7%	$65,972,089	69
Consumer Defensive	6.4%	$48,223,485	31
Energy	5.5%	$41,424,970	37
Basic Materials	3.8%	$29,037,504	40
Utilities	2.0%	$15,167,478	11
Unclassified	1.3%	$9,831,670	10
Real Estate	0.9%	$6,723,036	10

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SID	National Steel Co	+333,122	374,740	$464,677
WBD	Warner Bros. Discovery, Inc.	+303,186	475,061	$13,045,175
BTDR	Bitdeer Technologies Group	+238,832	475,196	$4,110,445
VTRS	Viatris Inc	+234,115	269,260	$3,637,702
ALLO	Allogene Therapeutics, Inc.	+219,144	265,922	$648,849
RXRX	Recursion Pharmaceuticals, Inc.	+196,367	427,839	$1,313,465
NU	Nu Holdings Ltd.	+161,757	298,428	$4,288,410
GRAB	Grab Holdings Ltd	+148,611	570,338	$2,087,437
NVAX	Novavax Inc	+89,392	189,675	$1,543,954
ODD	Oddity Tech Ltd	+88,545	101,015	$1,351,580
TSLA	Tesla, Inc.	+82,595	88,488	$32,895,414
IOVA	Iovance Biotherapeutics, Inc.	+82,410	153,072	$537,282
VIR	Vir Biotechnology, Inc.	+80,691	103,247	$925,093
SERV	Serve Robotics Inc. /DE/	+77,741	221,394	$1,868,565
WMT	Walmart Inc.	+72,447	150,419	$18,694,073
JBLU	Jetblue Airways Corp	+63,037	75,285	$332,759
TEAM	Atlassian Corp	+60,585	66,290	$4,524,292
BTI	British American Tobacco p.l.c.	+57,968	68,263	$3,991,337
LXRX	Lexicon Pharmaceuticals, Inc.	+55,209	191,322	$298,462
EGHT	8X8 Inc /De/	+53,449	72,377	$120,145
QS	QuantumScape Corp	+52,170	115,530	$737,081
TLRY	Tilray Brands, Inc.	+50,066	175,060	$1,132,638
CVX	Chevron Corp	+48,917	65,906	$13,635,951
BKR	Baker Hughes Co	+48,005	108,171	$6,603,839
SBLK	Star Bulk Carriers Corp.	+43,369	65,815	$1,511,770
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BLDP	Ballard Power Systems Inc.	−262,345	144,844	$350,522
AAPL	Apple Inc.	−244,316	27,070	$6,870,095
BAC	Bank Of America Corp /De/	−219,860	56,484	$2,753,595
ESPR	Esperion Therapeutics, Inc.	−206,931	14,157	$38,790
INTC	Intel Corp	−163,843	18,854	$832,027
XOM	ExxonMobil Holdings Corp	−117,675	1,325	$224,799
NVTS	Navitas Semiconductor Corp	−114,617	274,757	$2,409,618
RELY	Remitly Global, Inc.	−113,480	85,335	$1,337,199
NWSA	News Corp	−96,259	101,408	$2,528,101
REAL	TheRealReal, Inc.	−93,256	23,594	$214,233
BBAI	BigBear.ai Holdings, Inc.	−87,128	113,403	$399,178
AMZN	Amazon Com Inc	−83,215	92,612	$19,288,301
NWL	Newell Brands Inc.	−73,753	16,551	$56,769
SCHW	Schwab Charles Corp	−69,103	2,828	$265,775
TMUS	T-Mobile US, Inc.	−63,749	10,888	$2,286,806
EVH	Evolent Health, Inc.	−57,724	17,060	$38,896
FMC	Fmc Corp	−56,606	48,238	$830,658
ROIV	Roivant Sciences Ltd.	−54,063	15,380	$426,026
AAL	American Airlines Group Inc.	−52,244	73,123	$785,341
SSRM	Ssr Mining Inc.	−51,368	37,973	$1,116,406
TENB	Tenable Holdings, Inc.	−49,866	58,374	$987,688
BTBT	Bit Digital, Inc	−48,343	343,924	$450,540
BCRX	Biocryst Pharmaceuticals Inc	−45,821	72,652	$691,647
CMG	Chipotle Mexican Grill Inc	−45,356	41,122	$1,316,315
SFM	Sprouts Farmers Market, Inc.	−45,074	36,293	$2,799,279
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
MU	Micron Technology Inc	102,679	$34,689,073
GOOGL	Alphabet Inc.	103,226	$29,683,668
MSTR	Strategy Inc	94,174	$11,752,915
HON	Honeywell International Inc	48,109	$10,874,078
SHOP	Shopify Inc.	58,958	$6,993,597
COIN	Coinbase Global, Inc.	27,640	$4,826,220
C	Citigroup Inc	41,009	$4,650,830
HOOD	Robinhood Markets, Inc.	64,671	$4,481,700
DELL	Dell Technologies Inc.	25,755	$4,227,168
AG	First Majestic Silver Corp	178,372	$3,831,430
DASH	DoorDash, Inc.	23,938	$3,594,290
MRVL	Marvell Technology, Inc.	34,398	$3,407,121
QQQ	Invesco Qqq Trust, Series 1	5,826	$3,362,650
AEP	American Electric Power Co Inc	24,883	$3,261,663
VZ	Verizon Communications Inc	61,337	$3,079,117
IBRX	ImmunityBio, Inc.	397,170	$3,046,293
SYY	Sysco Corp	38,182	$2,723,522
MA	Mastercard Inc	5,076	$2,536,274
SPGI	S&P Global Inc.	5,739	$2,441,026
MARA	MARA Holdings, Inc.	294,091	$2,399,782
ABT	Abbott Laboratories	23,164	$2,378,247
HOLX	HOLOGIC INC	31,173	$2,356,367
NIO	NIO Inc.	375,169	$2,262,269
KO	Coca Cola Co	28,677	$2,180,885
ACN	Accenture plc	10,305	$2,043,378
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
NVDA	Nvidia Corp	146,847	$27,386,965
LIN	Linde PLC	21,052	$8,976,362
NFLX	Netflix Inc	89,660	$8,406,521
CMCSA	Comcast Corp	273,375	$8,171,172
JPM	Jpmorgan Chase & Co	22,575	$7,274,116
KMB	Kimberly Clark Corp	71,216	$7,184,982
EXAS	EXACT SCIENCES CORP	62,890	$6,387,108
FISV	Fiserv Inc	94,911	$6,375,171
FCX	Freeport-Mcmoran Inc	120,826	$6,136,752
COHR	Coherent Corp.	30,725	$5,670,913
TSM	Taiwan Semiconductor Manufacturing Co Ltd	18,343	$5,574,254
QBTS	D-Wave Quantum Inc.	208,572	$5,454,157
ONDS	Ondas Inc.	507,231	$4,950,574
RIVN	Rivian Automotive, Inc. / DE	203,587	$4,012,699
PAYX	Paychex Inc	34,972	$3,923,158
ZM	Zoom Communications, Inc.	40,024	$3,453,670
MDLZ	Mondelez International, Inc.	62,795	$3,380,254
DDOG	Datadog, Inc.	24,687	$3,357,185
TEM	Tempus AI, Inc.	55,472	$3,275,621
PG	PROCTER & GAMBLE Co	21,658	$3,103,807
CCJ	Cameco Corp	33,443	$3,059,700
LUNR	Intuitive Machines, Inc.	186,464	$3,026,310
FLEX	Flex Ltd.	50,018	$3,022,087
VISN	Vistance Networks, Inc.	155,205	$2,813,866
BA	Boeing Co	12,958	$2,813,440
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

627 tracked positions · $759,380,860 total · as of Mar 31, 2026

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

Showing 1–50 of 627 positions by value · page 1 of 13

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MU	Micron Technology Inc Technology	NEW	102,679	NEW	$34,689,073	NEW	4.57%
TSLA	Tesla, Inc. Consumer Cyclical	Added	88,488	+82,595	$32,895,414	+1141.2%	4.33%
GOOGL	Alphabet Inc. Communication Services	NEW	103,226	NEW	$29,683,668	NEW	3.91%
MSFT	Microsoft Corp Technology	Added	70,878	+27,051	$26,236,909	+23.8%	3.46%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	92,612	-83,215	$19,288,301	−52.5%	2.54%
WMT	Walmart Inc. Consumer Defensive	Added	150,419	+72,447	$18,694,073	+115.2%	2.46%
CVX	Chevron Corp Energy	Added	65,906	+48,917	$13,635,951	+426.6%	1.80%
WBD	Warner Bros. Discovery, Inc. Communication Services	Added	475,061	+303,186	$13,045,175	+163.4%	1.72%
MSTR	Strategy Inc Technology	NEW	94,174	NEW	$11,752,915	NEW	1.55%
HON	Honeywell International Inc Industrials	NEW	48,109	NEW	$10,874,078	NEW	1.43%
EA	Electronic Arts Inc. Communication Services	Reduced	48,827	-28,925	$9,954,360	−37.3%	1.31%
SHOP	Shopify Inc. Technology	NEW	58,958	NEW	$6,993,597	NEW	0.92%
AAPL	Apple Inc. Technology	Reduced	27,070	-244,316	$6,870,095	−90.7%	0.90%
BKR	Baker Hughes Co Energy	Added	108,171	+48,005	$6,603,839	+141.0%	0.87%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Added	71,465	+10,299	$6,596,934	+18.2%	0.87%
NDAQ	Nasdaq, Inc. Financial Services	Reduced	75,146	-41,778	$6,379,143	−43.8%	0.84%
ROST	Ross Stores, Inc. Consumer Cyclical	Reduced	28,015	-31,189	$6,068,889	−43.1%	0.80%
COIN	Coinbase Global, Inc. Financial Services	NEW	27,640	NEW	$4,826,220	NEW	0.64%
C	Citigroup Inc Financial Services	NEW	41,009	NEW	$4,650,830	NEW	0.61%
TEAM	Atlassian Corp Technology	Added	66,290	+60,585	$4,524,292	+389.1%	0.60%
HOOD	Robinhood Markets, Inc. Financial Services	NEW	64,671	NEW	$4,481,700	NEW	0.59%
NU	Nu Holdings Ltd. Financial Services	Added	298,428	+161,757	$4,288,410	+87.4%	0.56%
DELL	Dell Technologies Inc. Technology	NEW	25,755	NEW	$4,227,168	NEW	0.56%
BTDR	Bitdeer Technologies Group Technology	Added	475,196	+238,832	$4,110,445	+55.1%	0.54%
BTI	British American Tobacco p.l.c. Consumer Defensive	Added	68,263	+57,968	$3,991,337	+584.7%	0.53%
XEL	Xcel Energy Inc Utilities	Added	49,903	+20,250	$3,964,294	+81.0%	0.52%
CCEP	COCA-COLA EUROPACIFIC PARTNERS plc Consumer Defensive	Reduced	42,915	-1,007	$3,891,103	−2.3%	0.51%
AG	First Majestic Silver Corp Basic Materials	NEW	178,372	NEW	$3,831,430	NEW	0.50%
HAS	Hasbro, Inc. Consumer Cyclical	Reduced	39,107	-24,141	$3,660,415	−29.4%	0.48%
VTRS	Viatris Inc Healthcare	Added	269,260	+234,115	$3,637,702	+731.4%	0.48%
DASH	DoorDash, Inc. Consumer Cyclical	NEW	23,938	NEW	$3,594,290	NEW	0.47%
ZBRA	Zebra Technologies Corp Technology	Reduced	17,165	-2,586	$3,588,858	−25.2%	0.47%
BKNG	Booking Holdings Inc. Consumer Cyclical	Reduced	830	-2,192	$3,494,565	−78.4%	0.46%
MRVL	Marvell Technology, Inc. Technology	NEW	34,398	NEW	$3,407,121	NEW	0.45%
QQQ	Invesco Qqq Trust, Series 1	NEW	5,826	NEW	$3,362,650	NEW	0.44%
FANG	Diamondback Energy, Inc. Energy	Added	16,989	+15,284	$3,360,254	+1211.0%	0.44%
AEP	American Electric Power Co Inc Utilities	NEW	24,883	NEW	$3,261,663	NEW	0.43%
META	Meta Platforms, Inc. Communication Services	Reduced	5,487	-19,579	$3,139,277	−81.0%	0.41%
VZ	Verizon Communications Inc Communication Services	NEW	61,337	NEW	$3,079,117	NEW	0.41%
CB	Chubb Ltd Financial Services	Reduced	9,354	-9,819	$3,048,749	−49.1%	0.40%
IBRX	ImmunityBio, Inc. Healthcare	NEW	397,170	NEW	$3,046,293	NEW	0.40%
CPRT	Copart Inc Industrials	Reduced	90,595	-9,619	$3,007,754	−23.3%	0.40%
SSNC	SS&C Technologies Holdings Inc Technology	Reduced	42,950	-8,059	$2,902,131	−34.9%	0.38%
CENX	Century Aluminum Co Basic Materials	Reduced	48,903	-28,529	$2,870,117	−5.4%	0.38%
WULF	Terawulf Inc. Financial Services	Added	194,436	+34,275	$2,805,711	+52.5%	0.37%
SFM	Sprouts Farmers Market, Inc. Consumer Defensive	Reduced	36,293	-45,074	$2,799,279	−56.8%	0.37%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	56,484	-219,860	$2,753,595	−81.9%	0.36%
SYY	Sysco Corp Consumer Defensive	NEW	38,182	NEW	$2,723,522	NEW	0.36%
CAR	Avis Budget Group, Inc. Industrials	Added	18,521	+1,871	$2,701,287	+26.4%	0.36%
PH	Parker-Hannifin Corp Industrials	Added	2,903	+2,356	$2,598,881	+440.5%	0.34%

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.