Long Focus Capital Management, LLC
Filing Date
Global Rank
#815
/ 8,622
▲ 13
· as of Mar 2026
Top Industry
Telecom Services
25.0%
3Y Alpha vs SPY
+2.5%
Period ended 4 months ago
Filed May 15, 2026 · 2mo
18 quarters · since Dec 2021
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical 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.
Not a measure of this manager's performance.
Most of Long Focus Capital Management, LLC's reported book is option positions, which a stock-only clone
cannot replicate. The figures below are the return of the
43% that is ordinary stock — as little as
23% in one quarter — so a manager whose options
thesis lost money can still show a large gain here.
Cloned portfolio
+79.3%
SPY
+67.9%
Annualised alpha
+2.7%
Max drawdown
−25.1%
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 43% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
84 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
14.7%
−5.8 pts
Top 5
42.5%
−1.2 pts
Top 10
57.1%
−1.9 pts
HHI
519
Diversified−149
Portfolio Trend
18 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Communication Services | 35.4% | $1,323,713,971 |
| Healthcare | 16.6% | $621,384,671 |
| Energy | 12.8% | $478,829,711 |
| Consumer Cyclical | 10.8% | $402,554,416 |
| Financial Services | 9.3% | $349,176,954 |
| Technology | 5.4% | $203,714,102 |
| Industrials | 5.2% | $195,277,893 |
| Real Estate | 1.7% | $65,119,295 |
| Consumer Defensive | 1.5% | $55,405,275 |
| Basic Materials | 1.2% | $46,502,775 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| LAB | Standard Biotools Inc. | +3,337,318 | 16,015,721 | $14,734,463 | |
| BCYC | Bicycle Therapeutics PLC | +1,677,596 | 3,310,687 | $15,361,587 | |
| PINS | Pinterest, Inc. | +1,436,000 | 2,692,000 | $49,371,280 | |
| TIC | TIC Solutions, Inc. | +1,026,212 | 4,101,212 | $26,985,974 | |
| HAPN | Happen, Inc. | +735,900 | 1,936,000 | $27,723,520 | |
| ARHS | Arhaus, Inc. | +679,310 | 1,969,310 | $13,351,921 | |
| RKT | Rocket Companies, Inc. | +506,000 | 3,326,000 | $47,395,500 | |
| AMZN | Amazon Com Inc | +491,000 | 704,155 | $146,654,361 | |
| APO | Apollo Global Management, Inc. | +465,250 | 484,000 | $53,927,280 | |
| CVS | CVS HEALTH Corp | +374,000 | 2,344,200 | $168,360,444 | |
| HHH | Howard Hughes Holdings Inc. | +364,530 | 733,695 | $46,413,545 | |
| FOUR | Shift4 Payments, Inc. | +321,000 | 675,000 | $29,517,750 | |
| SGHT | Sight Sciences, Inc. | +301,619 | 3,594,100 | $13,549,757 | |
| PENN | PENN Entertainment, Inc. | +270,000 | 2,150,000 | $32,314,500 | |
| ET | Energy Transfer LP | +261,400 | 9,838,600 | $189,884,980 | |
| WOOF | Petco Health & Wellness Company, Inc. | +245,027 | 8,010,051 | $22,267,941 | |
| MOH | Molina Healthcare, Inc. | +160,000 | 615,000 | $81,979,500 | |
| BLDR | Builders FirstSource, Inc. | +144,000 | 479,000 | $39,436,070 | |
| UNH | Unitedhealth Group Inc | +126,255 | 248,000 | $67,106,320 | |
| BNTX | BioNTech SE | +116,345 | 624,000 | $55,461,120 | |
| HUM | Humana Inc | +115,500 | 330,900 | $57,374,751 | |
| WYNN | Wynn Resorts Ltd | +75,000 | 165,000 | $16,755,750 | |
| JD | JD.com, Inc. | +46,439 | 942,622 | $27,873,332 | |
| VSAT | Viasat Inc | +45,000 | 1,089,300 | $49,889,940 | |
| INSM | INSMED Inc | +20,000 | 145,000 | $23,710,400 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CMCSA | Comcast Corp | −6,512,100 | 19,125,816 | $549,102,177 | |
| IOVA | Iovance Biotherapeutics, Inc. | −6,500,000 | 2,100,000 | $7,371,000 | |
| NFE | New Fortress Energy Inc. | −4,106,973 | 6,047,477 | $3,568,011 | |
| FIP | FTAI Infrastructure Inc. | −1,611,695 | 4,073,305 | $20,122,126 | |
| BP | Bp PLC | −1,497,400 | 3,602,700 | $169,326,900 | |
| PYPL | PayPal Holdings, Inc. | −1,360,493 | 961,000 | $43,466,030 | |
| BUD | Anheuser-Busch InBev SA/NV | −1,010,600 | 255,000 | $17,689,350 | |
| B | Barrick Mining Corp | −918,600 | 1,000,000 | $40,790,000 | |
| HLF | Herbalife Ltd. | −600,800 | 1,699,200 | $25,012,224 | |
| CZR | Caesars Entertainment, Inc. | −495,500 | 2,715,000 | $71,757,450 | |
| GLNG | Golar Lng Ltd | −372,440 | 1,154,000 | $62,442,940 | |
| FTAI | FTAI Aviation Ltd. | −245,000 | 315,000 | $77,175,000 | |
| GM | General Motors Co | −145,000 | 75,000 | $5,587,500 | |
| AR | ANTERO RESOURCES Corp | −141,540 | 1,170,000 | $49,654,800 | |
| CNC | Centene Corp | −117,000 | 1,928,000 | $63,122,720 | |
| C | Citigroup Inc | −89,640 | 40,000 | $4,536,400 | |
| SUPV | Grupo Supervielle S.A. | −80,000 | 1,840,000 | $17,351,200 | |
| ONIT | Onity Group Inc. | −76,490 | 540,598 | $21,229,283 | |
| VLRS | Controladora Vuela Compania de Aviacion, S.A.B. de C.V. | −75,205 | 1,640,000 | $11,873,600 | |
| CHTR | Charter Communications, Inc. /Mo/ | −56,100 | 1,682,000 | $363,110,160 | |
| GLIBA | Liberty Capital Corp/NV | −53,399 | 21,600 | $795,960 | |
| BABA | Alibaba Group Holding Ltd | −45,000 | 110,000 | $13,800,600 | |
| CLLS | Cellectis S.A. | −43,652 | 2,744,098 | $8,698,790 | |
| ELV | Elevance Health, Inc. | −30,100 | 31,100 | $9,104,525 | |
| APG | APi Group Corp | −26,575 | 172,764 | $7,000,397 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
11 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| DIS | Walt Disney Co | 3,312,700 | $319,278,026 | |
| MSFT | Microsoft Corp | 124,000 | $45,901,080 | |
| KKR | KKR & Co. Inc. | 492,000 | $45,510,000 | |
| UBER | Uber Technologies, Inc | 399,000 | $28,700,070 | |
| MAT | Mattel Inc /De/ | 1,919,166 | $27,885,481 | |
| COF | Capital One Financial Corp | 145,000 | $26,452,350 | |
| CIGI | Colliers International Group Inc. | 175,000 | $18,705,750 | |
| CRM | Salesforce, Inc. | 88,000 | $16,426,960 | |
| NOW | ServiceNow, Inc. | 70,000 | $7,318,500 | |
| WDAY | Workday, Inc. | 52,000 | $6,755,840 | |
| LYFT | Lyft, Inc. | 150,000 | $1,995,000 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
7 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CVX | Chevron Corp | 1,115,000 | $169,937,150 | |
| OVV | Ovintiv Inc. | 370,000 | $14,500,300 | |
| AM | Antero Midstream Corp | 610,000 | $10,851,900 | |
| PFE | Pfizer Inc | 363,300 | $9,046,170 | |
| TE | T1 Energy Inc. | 1,155,000 | $7,715,400 | |
| TLYS | Tilly's, Inc. | 1,680,658 | $3,344,509 | |
| PAGS | PagSeguro Digital Ltd. | 156,000 | $1,503,840 | |
| No positions match the current search. | ||||
84 tracked positions ·
$3,741,679,063 total
· filing declares
97 positions · $3,799,895,275
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Showing 1–50
of 84 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| CMCSA |
Comcast Corp
CALL
+ SHARES
Communication Services
|
Reduced | 19,125,816 | $549,102,177 | 14.68% | |
| CHTR |
Charter Communications, Inc. /Mo/
CALL
+ SHARES
Communication Services
|
Reduced | 1,682,000 | $363,110,160 | 9.70% | |
| DIS |
Walt Disney Co
CALL
+ SHARES
Communication Services
|
NEW | 3,312,700 | $319,278,026 | 8.53% | |
| ET |
Energy Transfer LP
CALL
+ SHARES
Energy
|
Added | 9,838,600 | $189,884,980 | 5.07% | |
| BP |
Bp PLC
CALL
Energy
|
Reduced | 3,602,700 | $169,326,900 | 4.53% | |
| CVS |
CVS HEALTH Corp
CALL
+ SHARES
Healthcare
|
Added | 2,344,200 | $168,360,444 | 4.50% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 704,155 | $146,654,361 | 3.92% | |
| MOH |
Molina Healthcare, Inc.
Healthcare
|
Added | 615,000 | $81,979,500 | 2.19% | |
| FTAI |
FTAI Aviation Ltd.
Industrials
|
Reduced | 315,000 | $77,175,000 | 2.06% | |
| CZR |
Caesars Entertainment, Inc.
Consumer Cyclical
|
Reduced | 2,715,000 | $71,757,450 | 1.92% | |
| UNH |
Unitedhealth Group Inc
CALL
+ SHARES
Healthcare
|
Added | 248,000 | $67,106,320 | 1.79% | |
| CNC |
Centene Corp
Healthcare
|
Reduced | 1,928,000 | $63,122,720 | 1.69% | |
| GLNG |
Golar Lng Ltd
Energy
|
Reduced | 1,154,000 | $62,442,940 | 1.67% | |
| HUM |
Humana Inc
CALL
+ SHARES
Healthcare
|
Added | 330,900 | $57,374,751 | 1.53% | |
| BNTX |
BioNTech SE
Healthcare
|
Added | 624,000 | $55,461,120 | 1.48% | |
| APO |
Apollo Global Management, Inc.
Financial Services
|
Added | 484,000 | $53,927,280 | 1.44% | |
| VSAT |
Viasat Inc
Technology
|
Added | 1,089,300 | $49,889,940 | 1.33% | |
| AR |
ANTERO RESOURCES Corp
Energy
|
Reduced | 1,170,000 | $49,654,800 | 1.33% | |
| PINS |
Pinterest, Inc.
Communication Services
|
Added | 2,692,000 | $49,371,280 | 1.32% | |
| RKT |
Rocket Companies, Inc.
Financial Services
|
Added | 3,326,000 | $47,395,500 | 1.27% | |
| HHH |
Howard Hughes Holdings Inc.
Real Estate
|
Added | 733,695 | $46,413,545 | 1.24% | |
| MSFT |
Microsoft Corp
Technology
|
NEW | 124,000 | $45,901,080 | 1.23% | |
| KKR |
KKR & Co. Inc.
Financial Services
|
NEW | 492,000 | $45,510,000 | 1.22% | |
| PYPL |
PayPal Holdings, Inc.
CALL
Financial Services
|
Reduced | 961,000 | $43,466,030 | 1.16% | |
| B |
Barrick Mining Corp
CALL
+ SHARES
Basic Materials
|
Reduced | 1,000,000 | $40,790,000 | 1.09% | |
| BLDR |
Builders FirstSource, Inc.
Industrials
|
Added | 479,000 | $39,436,070 | 1.05% | |
| PENN |
PENN Entertainment, Inc.
Consumer Cyclical
|
Added | 2,150,000 | $32,314,500 | 0.86% | |
| AGO |
Assured Guaranty Ltd
Financial Services
|
Held | 380,000 | $30,962,400 | 0.83% | |
| AURA |
Aura Biosciences, Inc.
Healthcare
|
Held | 4,619,582 | $30,905,003 | 0.83% | |
| FOUR |
Shift4 Payments, Inc.
Technology
|
Added | 675,000 | $29,517,750 | 0.79% | |
| UBER |
Uber Technologies, Inc
Technology
|
NEW | 399,000 | $28,700,070 | 0.77% | |
| MAT |
Mattel Inc /De/
Consumer Cyclical
|
NEW | 1,919,166 | $27,885,481 | 0.75% | |
| JD |
JD.com, Inc.
Consumer Cyclical
|
Added | 942,622 | $27,873,332 | 0.74% | |
| HAPN |
Happen, Inc.
Financial Services
|
Added | 1,936,000 | $27,723,520 | 0.74% | |
| TIC |
TIC Solutions, Inc.
Industrials
|
Added | 4,101,212 | $26,985,974 | 0.72% | |
| COF |
Capital One Financial Corp
Financial Services
|
NEW | 145,000 | $26,452,350 | 0.71% | |
| HLF |
Herbalife Ltd.
Consumer Defensive
|
Reduced | 1,699,200 | $25,012,224 | 0.67% | |
| INSM |
INSMED Inc
Healthcare
|
Added | 145,000 | $23,710,400 | 0.63% | |
| GGAL |
Grupo Financiero Galicia SA
Financial Services
|
Held | 506,000 | $23,635,260 | 0.63% | |
| WOOF |
Petco Health & Wellness Company, Inc.
Consumer Cyclical
|
Added | 8,010,051 | $22,267,941 | 0.60% | |
| ONIT |
Onity Group Inc.
Financial Services
|
Reduced | 540,598 | $21,229,283 | 0.57% | |
| FIP |
FTAI Infrastructure Inc.
Industrials
|
Reduced | 4,073,305 | $20,122,126 | 0.54% | |
| LBRDA |
Liberty Broadband Corp
Communication Services
|
Held | 375,000 | $18,832,500 | 0.50% | |
| CIGI |
Colliers International Group Inc.
Real Estate
|
NEW | 175,000 | $18,705,750 | 0.50% | |
| BIDU |
Baidu, Inc.
Communication Services
|
Held | 159,800 | $17,804,916 | 0.48% | |
| BUD |
Anheuser-Busch InBev SA/NV
CALL
Consumer Defensive
|
Reduced | 255,000 | $17,689,350 | 0.47% | |
| SUPV |
Grupo Supervielle S.A.
Financial Services
|
Reduced | 1,840,000 | $17,351,200 | 0.46% | |
| WYNN |
Wynn Resorts Ltd
Consumer Cyclical
|
Added | 165,000 | $16,755,750 | 0.45% | |
| CRM |
Salesforce, Inc.
Technology
|
NEW | 88,000 | $16,426,960 | 0.44% | |
| BCYC |
Bicycle Therapeutics PLC
Healthcare
|
Added | 3,310,687 | $15,361,587 | 0.41% |
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.