Long Focus Capital Management, LLC

Registered adviser

CIK

1602716

Location

SAN JUAN, PR

Portfolio Value

Mid $3,683,726,327

Diversification

Diversified

Filing Date

Global Rank

#1,090 / 8,817 ▼ 104

Top Industry

Telecom Services 28.0%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

19 quarters · since Dec 2021

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 322024

Roster of Oct 1, 2026

Regulatory AUM

$2,436,534,455

Main clients

Pooled investment vehicles (72% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$1,745,725,803 gross assets

LEI

549300THADEWMS2B0Q53

Private funds on Schedule D 7.B.(1)

As filed Mar 29, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$666,407,711 gross assets in 1 fund Hedge funds $666,407,711 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$2,436,534,455	Pooled investment vehicles (72%)
Apr 2025 to Mar 2026	$1,698,115,355	Pooled investment vehicles (70%)
Apr 2024 to Mar 2025	$666,407,711	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$506,231,469	Pooled investment vehicles (100%)
Apr 2023	$506,231,469	Pooled investment vehicles (100%)
Jan 2023 to Mar 2023	$724,581,255	Pooled investment vehicles (64%)

1 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 43.3%, 33.0 effective positions, active share 91.4% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

66.3% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 7.8 quarters (4 to under 12)

Closest benchmark: the S&P 500 as of 2026-06-30, active share 91.4%; sector active share 37.8% against the combined 13F book's sector weights.

Over time 19 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 backtest

Portfolio Concentration

79 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

16.9%

+1.5 pts

Top 5

47.5%

+3.5 pts

Top 10

61.2%

+4.8 pts

HHI

646

Diversified+103

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Communication Services	41.8%	$1,538,112,757	12
Healthcare	17.5%	$644,067,016	14
Consumer Cyclical	9.5%	$349,744,174	12
Financial Services	9.5%	$348,515,527	12
Energy	6.3%	$232,927,950	5
Technology	5.9%	$217,917,936	9
Industrials	5.6%	$207,313,615	6
Real Estate	1.9%	$68,865,105	2
Basic Materials	1.2%	$42,401,206	4
Consumer Defensive	0.9%	$33,861,041	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

17 positions

Ticker	Company	Δ Shares	Shares	Value
LAB	Standard Biotools Inc.	+7,484,279	23,500,000	$19,270,000
RKT	Rocket Companies, Inc.	+2,119,000	5,445,000	$85,758,750
CMCSA	Comcast Corp	+1,544,584	3,785,000	$92,921,750
CHTR	Charter Communications, Inc.	+815,216	1,230,216	$174,949,017
MAT	Mattel Inc	+620,834	2,540,000	$35,255,200
MGTX	MeiraGTx Holdings plc	+555,555	1,080,300	$14,594,853
AURA	Aura Biosciences, Inc.	+500,000	5,119,582	$36,349,032
ARHS	Arhaus, Inc.	+480,690	2,450,000	$20,629,000
INSM	INSMED Inc	+383,000	528,000	$56,295,360
WOOF	Petco Health & Wellness Company, Inc.	+360,999	8,371,050	$22,769,256
SGHT	Sight Sciences, Inc.	+250,000	3,844,100	$20,835,022
KKR	KKR & Co. Inc.	+138,000	630,000	$57,821,400
BLDR	Builders FirstSource, Inc.	+138,000	617,000	$55,209,160
FOUR	Shift4 Payments, Inc.	+137,000	812,000	$39,495,680
MSFT	Microsoft Corp	+46,000	170,000	$63,413,400
GLNG	Golar Lng Ltd	+32,000	1,186,000	$59,110,240
LAD	Lithia Motors Inc	+15,000	71,000	$20,624,790
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
FIP	FTAI Infrastructure Inc.	−556,096	3,517,209	$16,319,849
CNC	Centene Corp	−478,000	1,450,000	$93,075,500
VSAT	Viasat Inc	−439,300	650,000	$58,376,500
SUPV	Grupo Supervielle S.A.	−408,869	1,431,131	$13,824,725
CVS	CVS HEALTH Corp	−308,000	586,000	$60,621,700
PINS	Pinterest, Inc.	−287,000	2,405,000	$50,577,150
HAPN	Happen, Inc.	−270,151	1,665,849	$34,549,708
LILAK	Liberty Latin America Ltd.	−240,000	960,000	$7,478,400
TIC	TIC Solutions, Inc.	−237,535	3,863,677	$31,257,146
HUM	Humana Inc	−216,600	68,400	$27,169,848
APO	Apollo Global Management, Inc.	−125,000	359,000	$42,473,290
UNH	Unitedhealth Group Inc	−100,000	88,000	$36,575,440
UAL	United Airlines Holdings, Inc.	−90,000	29,000	$3,943,710
GGAL	Grupo Financiero Galicia SA	−50,000	456,000	$22,813,680
COF	Capital One Financial Corp	−45,000	100,000	$20,062,000
NOW	ServiceNow, Inc.	−40,000	30,000	$2,978,400
MOH	Molina Healthcare, Inc.	−5,000	610,000	$139,507,000
CLLS	Cellectis S.A.	−2,245	2,741,853	$8,225,559
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
SONY	Sony Group Corp	960,000	$19,257,600
MELI	Mercadolibre Inc	9,000	$15,276,510
DT	Dynatrace, Inc.	40,398	$1,773,876
NXST	Nexstar Media Group, Inc.	2,512	$448,618
CSHR	CoinShares PLC	109,422	$412,520
No positions match the current search.

Sold Out

Positions the filer fully exited

13 positions

Ticker	Company	Shares	Value
CZR	Caesars Entertainment, Inc.	2,715,000	$71,757,450
PENN	PENN Entertainment, Inc.	2,150,000	$32,314,500
CRM	Salesforce, Inc.	88,000	$16,426,960
LBTYK	Liberty Global Ltd.	1,182,980	$13,876,355
PAR	Par Technology Corp	990,000	$13,196,700
ELV	Elevance Health, Inc.	31,100	$9,104,525
APG	APi Group Corp	172,764	$7,000,397
WDAY	Workday, Inc.	52,000	$6,755,840
C	Citigroup Inc	40,000	$4,536,400
NFE	New Fortress Energy Inc.	6,047,477	$3,568,011
LYFT	Lyft, Inc.	150,000	$1,995,000
WSC	WillScot Holdings Corp	99,562	$1,728,396
GLIBA	Liberty Capital Corp	21,600	$795,960
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

79 tracked positions · $3,683,726,327 total · filing declares 87 positions · $3,912,074,031 · as of Jun 30, 2026

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

Showing 1–50 of 79 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
CMCSA	Comcast Corp CALL + SHARES Communication Services	Added	25,315,900	+6,190,084	$621,505,345	+13.2%	19	before history	16.87%
DIS	Walt Disney Co CALL + SHARES Communication Services	Added	4,516,000	+1,203,300	$434,665,000	+36.1%	2	$105.69	11.80%
CHTR	Charter Communications, Inc. CALL + SHARES Communication Services	Added	2,718,016	+1,036,016	$386,529,055	+6.4%	4	$205.61	10.49%
AMZN	Amazon Com Inc Consumer Cyclical	Held	704,155	0	$167,828,302	+14.4%	3	$222.78	4.56%
MOH	Molina Healthcare, Inc. Healthcare	Reduced	610,000	-5,000	$139,507,000	+70.2%	4	$171.26	3.79%
BP	Bp PLC CALL Energy	Reduced	3,502,600	-100,100	$129,421,070	−23.6%	—	—	3.51%
CVS	CVS HEALTH Corp CALL + SHARES Healthcare	Reduced	1,076,200	-1,268,000	$111,332,890	−33.9%	7	$58.10	3.02%
CNC	Centene Corp Healthcare	Reduced	1,450,000	-478,000	$93,075,500	+47.5%	7	$34.04	2.53%
RKT	Rocket Companies, Inc. Financial Services	Added	5,445,000	+2,119,000	$85,758,750	+80.9%	3	$16.56	2.33%
FTAI	FTAI Aviation Ltd. Industrials	Held	315,000	0	$85,216,950	+10.4%	15	$65.39	2.31%
MSFT	Microsoft Corp Technology	Added	170,000	+46,000	$63,413,400	+38.2%	2	$414.70	1.72%
GLNG	Golar Lng Ltd Energy	Added	1,186,000	+32,000	$59,110,240	−5.3%	12	$38.77	1.60%
VSAT	Viasat Inc Technology	Reduced	650,000	-439,300	$58,376,500	+17.0%	6	$11.20	1.58%
BNTX	BioNTech SE Healthcare	Held	624,000	0	$58,063,200	+4.7%	6	$105.88	1.58%
KKR	KKR & Co. Inc. Financial Services	Added	630,000	+138,000	$57,821,400	+27.1%	2	$103.56	1.57%
INSM	INSMED Inc Healthcare	Added	528,000	+383,000	$56,295,360	+137.4%	19	before history	1.53%
BLDR	Builders FirstSource, Inc. Industrials	Added	617,000	+138,000	$55,209,160	+40.0%	5	$104.19	1.50%
HHH	Howard Hughes Holdings Inc. Real Estate	Held	733,695	0	$52,451,855	+13.0%	5	$76.08	1.42%
PINS	Pinterest, Inc. Communication Services	Reduced	2,405,000	-287,000	$50,577,150	+2.4%	16	$25.37	1.37%
APO	Apollo Global Management, Inc. Financial Services	Reduced	359,000	-125,000	$42,473,290	−21.2%	18	$122.17	1.15%
AR	ANTERO RESOURCES Corp Energy	Held	1,170,000	0	$41,113,800	−17.2%	19	before history	1.12%
FOUR	Shift4 Payments, Inc. Technology	Added	812,000	+137,000	$39,495,680	+33.8%	3	$59.92	1.07%
B	Barrick Mining Corp CALL + SHARES Basic Materials	Held	1,000,000	0	$36,730,000	−10.0%	2	$46.19	1.00%
UNH	Unitedhealth Group Inc Healthcare	Reduced	88,000	-160,000	$36,575,440	−45.5%	5	$320.10	0.99%
AURA	Aura Biosciences, Inc. Healthcare	Added	5,119,582	+500,000	$36,349,032	+17.6%	14	$7.74	0.99%
MAT	Mattel Inc Consumer Cyclical	Added	2,540,000	+620,834	$35,255,200	+26.4%	2	$17.34	0.96%
HAPN	Happen, Inc. Financial Services	Reduced	1,665,849	-270,151	$34,549,708	+24.6%	17	$12.70	0.94%
TIC	TIC Solutions, Inc. Industrials	Reduced	3,863,677	-237,535	$31,257,146	+15.8%	4	$10.82	0.85%
AGO	Assured Guaranty Ltd Financial Services	Held	380,000	0	$30,460,800	−1.6%	19	before history	0.83%
UBER	Uber Technologies, Inc Technology	Held	399,000	0	$28,791,840	+0.3%	2	$76.97	0.78%
HUM	Humana Inc Healthcare	Reduced	68,400	-262,500	$27,169,848	−52.6%	4	$239.36	0.74%
JD	JD.com, Inc. Consumer Cyclical	Held	942,622	0	$24,018,008	−13.8%	11	$30.88	0.65%
GGAL	Grupo Financiero Galicia SA Financial Services	Reduced	456,000	-50,000	$22,813,680	−3.5%	3	$46.77	0.62%
WOOF	Petco Health & Wellness Company, Inc. Consumer Cyclical	Added	8,371,050	+360,999	$22,769,256	+2.3%	6	$3.12	0.62%
HLF	Herbalife Ltd. Consumer Defensive	Held	1,699,200	0	$22,344,480	−10.7%	13	$10.49	0.61%
ONIT	Onity Group Inc. Financial Services	Held	540,598	0	$21,488,770	+1.2%	19	before history	0.58%
SGHT	Sight Sciences, Inc. Healthcare	Added	3,844,100	+250,000	$20,835,022	+53.8%	10	$4.53	0.57%
ARHS	Arhaus, Inc. Consumer Cyclical	Added	2,450,000	+480,690	$20,629,000	+54.5%	7	$9.16	0.56%
LAD	Lithia Motors Inc Consumer Cyclical	Added	71,000	+15,000	$20,624,790	+47.5%	4	$308.68	0.56%
COF	Capital One Financial Corp Financial Services	Reduced	100,000	-45,000	$20,062,000	−24.2%	2	$209.18	0.54%
LAB	Standard Biotools Inc. Healthcare	Added	23,500,000	+7,484,279	$19,270,000	+30.8%	6	$1.18	0.52%
SONY	Sony Group Corp Technology	NEW	960,000	NEW	$19,257,600	NEW	1	$21.08	0.52%
BIDU	Baidu, Inc. Communication Services	Held	159,800	0	$18,263,542	+2.6%	4	$99.04	0.50%
CIGI	Colliers International Group Inc. Real Estate	Held	175,000	0	$16,413,250	−12.3%	2	$124.67	0.45%
FIP	FTAI Infrastructure Inc. Industrials	Reduced	3,517,209	-556,096	$16,319,849	−18.9%	16	$5.70	0.44%
WYNN	Wynn Resorts Ltd Consumer Cyclical	Held	165,000	0	$16,019,850	−4.4%	8	$94.96	0.43%
VLRS	Controladora Vuela Compania de Aviacion, S.A.B. de C.V. Industrials	Held	1,640,000	0	$15,366,800	+29.4%	11	$5.87	0.42%
MELI	Mercadolibre Inc Consumer Cyclical	NEW	9,000	NEW	$15,276,510	NEW	1	$1,707.75	0.41%
MGTX	MeiraGTx Holdings plc Healthcare	Added	1,080,300	+555,555	$14,594,853	+221.2%	7	$8.02	0.40%
BCYC	Bicycle Therapeutics PLC Healthcare	Held	3,310,687	0	$14,037,312	−8.6%	7	$9.85	0.38%

Showing the top 50 of 79 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.