BlueCrest Capital Management Ltd

CIK

1610880

Location

ST HELIER, Y9

Portfolio Value

Small $725,858,256

Diversification

Diversified

Filing Date

Global Rank

#2,131 / 8,622 ▼ 505 · as of Mar 2026

Top Industry

Shell Companies 18.5%

3Y Alpha vs SPY

-12.5%

Period ended 4 months ago

Filed May 15, 2026 · 2mo

25 quarters · since Mar 2020

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.

Not a measure of this manager's performance. Most of BlueCrest Capital Management Ltd's reported book is option positions, which a stock-only clone cannot replicate. The figures below are the return of the 31% that is ordinary stock — as little as 11% in one quarter — so a manager whose options thesis lost money can still show a large gain here.

Cloned portfolio

+23.9%

SPY

+67.9%

Annualised alpha

-11.5%

Max drawdown

−29.4%

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 31% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

9.7%

−28.1 pts

Top 5

32.3%

−30.7 pts

Top 10

52.9%

−24.6 pts

HHI

366

Diversified−1,303

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	36.3%	$263,775,809	47
Technology	21.8%	$158,249,914	21
Unclassified	12.1%	$87,706,962	8
Communication Services	7.1%	$51,326,587	12
Industrials	5.4%	$39,228,217	8
Consumer Cyclical	5.0%	$36,251,250	4
Healthcare	4.9%	$35,205,821	6
Real Estate	3.7%	$26,736,583	3
Utilities	2.6%	$18,524,016	2
Energy	0.7%	$4,739,373	5
Basic Materials	0.3%	$2,501,270	2
Consumer Defensive	0.2%	$1,612,454	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+129,090	135,824	$45,901,720
BABA	Alibaba Group Holding Ltd	+111,089	250,000	$31,365,000
SPY	Spdr S&P 500 ETF Trust	+31,300	42,800	$27,834,552
WLAC	Willow Lane Acquisition Corp.	+25,000	125,000	$1,331,250
ECHO	EchoStar CORP	+22,132	36,000	$4,214,520
CLSK	Cleanspark, Inc.	+20,252	50,252	$427,644
CLMT	Calumet, Inc. /DE	+20,000	60,000	$2,154,000
ATHM	Autohome Inc.	+6,000	55,500	$964,035
MKSI	Mks Inc	+1,983	17,623	$4,049,941
No positions match the current search.

Trimmed

Positions the filer reduced

19 positions

Ticker	Company	Δ Shares	Shares	Value
PCG	PG&E Corp	−4,088,323	911,677	$16,018,164
GLD	Spdr Gold Trust	−1,154,000	1,000	$430,290
BAC	Bank Of America Corp /De/	−418,914	630,179	$30,721,226
FLY	Firefly Aerospace Inc.	−375,000	103,698	$2,952,282
IBIT	iShares Bitcoin Trust ETF	−356,000	105,000	$4,034,100
WFC	Wells Fargo & Company/Mn	−262,997	382,096	$30,418,662
C	Citigroup Inc	−242,934	269,604	$30,575,789
TIC	TIC Solutions, Inc.	−50,000	25,000	$164,500
CBC	Central Bancompany, Inc.	−50,000	75,540	$1,809,183
BTDR	Bitdeer Technologies Group	−40,000	10,000	$86,500
CMCSA	Comcast Corp	−30,000	10,000	$287,100
JPM	Jpmorgan Chase & Co	−26,936	52,192	$15,352,798
BIDU	Baidu, Inc.	−25,017	16,800	$1,871,856
GOOGL	Alphabet Inc.	−20,432	2,143	$616,241
AEXA	American Exceptionalism Acquisition Corp. A	−10,000	881,386	$9,545,410
IREN	IREN Ltd	−3,000	20,000	$685,600
TEM	Tempus AI, Inc.	−1,300	22,941	$1,037,392
DDOG	Datadog, Inc.	−500	5,200	$613,860
AVAV	AeroVironment Inc	−300	4,600	$842,030
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
WIX	Wix.com Ltd.	785,000	$70,704,950
QQQ	Invesco Qqq Trust, Series 1	79,000	$45,597,220
PFSI	PennyMac Financial Services, Inc.	351,095	$30,685,703
MDLN	Medline Inc.	549,000	$24,430,500
UAL	United Airlines Holdings, Inc.	200,000	$18,414,000
LASR	Nlight, Inc.	255,000	$14,540,100
LUNR	Intuitive Machines, Inc.	661,375	$12,275,120
FVAV	Fortress Value Acquisition Corp. V	1,000,000	$10,030,000
ALUB	Alussa Energy Acquisition Corp. II	825,000	$8,233,500
EVAC	EQV Ventures Acquisition Corp. II	750,000	$7,567,500
NTST	NETSTREIT Corp.	350,000	$6,590,500
ITHA	ITHAX Acquisition Corp III	650,000	$6,435,000
EPRT	Essential Properties Realty Trust, Inc.	200,000	$6,072,000
LKSP	Lake Superior Acquisition Corp	500,000	$5,025,000
DMII	Drugs Made In America Acquisition II Corp.	500,000	$4,985,000
AEAQ	Activate Energy Acquisition Corp.	500,000	$4,945,000
INTC	Intel Corp	110,000	$4,854,300
UNG	United States Natural Gas Fund, LP	375,000	$4,398,750
ON	On Semiconductor Corp	70,000	$4,334,400
PAYP	PayPay Corp	200,000	$4,268,000
MMED	MiniMed Group, Inc.	275,000	$4,103,000
YCY	AA Mission Acquisition Corp. II	400,000	$4,028,000
RNGT	Range Capital Acquisition Corp II	400,000	$4,000,000
TWLV	Twelve Seas Investment Co III/Cayman	400,000	$3,948,000
HCMA	Hcm III Acquisition Corp.	350,000	$3,528,000
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
VST	Vistra Corp.	637,266	$102,810,123
AMZN	Amazon Com Inc	101,637	$23,459,852
CAT	Caterpillar Inc	40,500	$23,201,235
LLY	ELI LILLY & Co	19,635	$21,101,343
CPNG	Coupang, Inc.	607,533	$14,331,703
BA	Boeing Co	59,928	$13,011,567
AXTI	Axt Inc	653,063	$10,677,580
GGAL	Grupo Financiero Galicia SA	165,300	$8,916,282
GEV	GE Vernova Inc.	10,000	$6,535,700
NVDA	Nvidia Corp	34,284	$6,393,966
AFRM	Affirm Holdings, Inc.	67,100	$4,994,253
TAC	Transalta Corp	393,880	$4,978,643
MSFT	Microsoft Corp	7,289	$3,525,106
MCHP	Microchip Technology Inc	52,753	$3,361,421
QCOM	Qualcomm Inc/De	17,588	$3,008,427
CHKP	Check Point Software Technologies Ltd	15,495	$2,875,252
MU	Micron Technology Inc	8,461	$2,414,854
TLN	Talen Energy Corp	5,436	$2,037,630
META	Meta Platforms, Inc.	2,973	$1,962,447
MDU	Mdu Resources Group Inc	100,000	$1,952,000
CEG	Constellation Energy Corp	5,426	$1,916,843
AVGO	Broadcom Inc.	5,148	$1,781,722
VRT	Vertiv Holdings Co	10,750	$1,741,607
BETA	BETA Technologies, Inc.	50,000	$1,410,500
CLS	Celestica Inc	4,632	$1,369,265
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

120 tracked positions · $725,858,256 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 120 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WIX	Wix.com Ltd. PUT + SHARES Technology	NEW	785,000	NEW	$70,704,950	NEW	9.74%
TSM	Taiwan Semiconductor Manufacturing Co Ltd PUT + SHARES Technology	Added	135,824	+129,090	$45,901,720	+2143.1%	6.32%
QQQ	Invesco Qqq Trust, Series 1 PUT CALL	NEW	79,000	NEW	$45,597,220	NEW	6.28%
CRTO	Criteo S.A. Communication Services	Held	2,260,000	0	$40,521,800	−13.0%	5.58%
BABA	Alibaba Group Holding Ltd CALL Consumer Cyclical	Added	250,000	+111,089	$31,365,000	+54.0%	4.32%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	630,179	-418,914	$30,721,226	−46.8%	4.23%
PFSI	PennyMac Financial Services, Inc. Financial Services	NEW	351,095	NEW	$30,685,703	NEW	4.23%
C	Citigroup Inc Financial Services	Reduced	269,604	-242,934	$30,575,789	−48.9%	4.21%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	382,096	-262,997	$30,418,662	−49.4%	4.19%
SPY	Spdr S&P 500 ETF Trust PUT	Added	42,800	+31,300	$27,834,552	+254.9%	3.83%
MDLN	Medline Inc. Healthcare	NEW	549,000	NEW	$24,430,500	NEW	3.37%
UAL	United Airlines Holdings, Inc. CALL Industrials	NEW	200,000	NEW	$18,414,000	NEW	2.54%
PCG	PG&E Corp Utilities	Reduced	911,677	-4,088,323	$16,018,164	−80.1%	2.21%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	52,192	-26,936	$15,352,798	−39.8%	2.12%
LASR	Nlight, Inc. Technology	NEW	255,000	NEW	$14,540,100	NEW	2.00%
RITM	Rithm Capital Corp. Real Estate	Held	1,484,608	0	$14,074,083	−13.0%	1.94%
LUNR	Intuitive Machines, Inc. Industrials	NEW	661,375	NEW	$12,275,120	NEW	1.69%
FVAV	Fortress Value Acquisition Corp. V Financial Services	NEW	1,000,000	NEW	$10,030,000	NEW	1.38%
AEXA	American Exceptionalism Acquisition Corp. A Financial Services	Reduced	881,386	-10,000	$9,545,410	−6.0%	1.32%
ALUB	Alussa Energy Acquisition Corp. II Financial Services	NEW	825,000	NEW	$8,233,500	NEW	1.13%
EVAC	EQV Ventures Acquisition Corp. II Financial Services	NEW	750,000	NEW	$7,567,500	NEW	1.04%
NTST	NETSTREIT Corp. Real Estate	NEW	350,000	NEW	$6,590,500	NEW	0.91%
ITHA	ITHAX Acquisition Corp III Financial Services	NEW	650,000	NEW	$6,435,000	NEW	0.89%
EPRT	Essential Properties Realty Trust, Inc. Real Estate	NEW	200,000	NEW	$6,072,000	NEW	0.84%
LKSP	Lake Superior Acquisition Corp Financial Services	NEW	500,000	NEW	$5,025,000	NEW	0.69%
DMII	Drugs Made In America Acquisition II Corp. Financial Services	NEW	500,000	NEW	$4,985,000	NEW	0.69%
AEAQ	Activate Energy Acquisition Corp. Financial Services	NEW	500,000	NEW	$4,945,000	NEW	0.68%
INTC	Intel Corp CALL Technology	NEW	110,000	NEW	$4,854,300	NEW	0.67%
UNG	United States Natural Gas Fund, LP CALL	NEW	375,000	NEW	$4,398,750	NEW	0.61%
ON	On Semiconductor Corp CALL Technology	NEW	70,000	NEW	$4,334,400	NEW	0.60%
PAYP	PayPay Corp Technology	NEW	200,000	NEW	$4,268,000	NEW	0.59%
ECHO	EchoStar CORP PUT Communication Services	Added	36,000	+22,132	$4,214,520	+179.6%	0.58%
RTAC	Renatus Tactical Acquisition Corp I Financial Services	Held	403,226	0	$4,145,163	−3.7%	0.57%
MMED	MiniMed Group, Inc. Healthcare	NEW	275,000	NEW	$4,103,000	NEW	0.57%
MKSI	Mks Inc Technology	Added	17,623	+1,983	$4,049,941	+62.0%	0.56%
IBIT	iShares Bitcoin Trust ETF PUT + SHARES	Reduced	105,000	-356,000	$4,034,100	−82.4%	0.56%
YCY	AA Mission Acquisition Corp. II Financial Services	NEW	400,000	NEW	$4,028,000	NEW	0.55%
RNGT	Range Capital Acquisition Corp II Financial Services	NEW	400,000	NEW	$4,000,000	NEW	0.55%
TWLV	Twelve Seas Investment Co III/Cayman Financial Services	NEW	400,000	NEW	$3,948,000	NEW	0.54%
HCMA	Hcm III Acquisition Corp. Financial Services	NEW	350,000	NEW	$3,528,000	NEW	0.49%
MBVI	M3-Brigade Acquisition VI Corp. Financial Services	NEW	337,000	NEW	$3,386,850	NEW	0.47%
GPAC	General Purpose Acquisition Corp. Financial Services	NEW	335,000	NEW	$3,319,850	NEW	0.46%
PICS	PicS N.V. Technology	NEW	310,000	NEW	$3,239,500	NEW	0.45%
SVAQ	Silicon Valley Acquisition Corp. Financial Services	NEW	300,000	NEW	$2,967,000	NEW	0.41%
FLY	Firefly Aerospace Inc. Industrials	Reduced	103,698	-375,000	$2,952,282	−72.4%	0.41%
BOBS	Bob's Discount Furniture, Inc. Consumer Cyclical	NEW	250,000	NEW	$2,937,500	NEW	0.40%
FIGR	Figure Technology Solutions, Inc. Financial Services	NEW	85,987	NEW	$2,919,258	NEW	0.40%
SNDA	Sonida Senior Living, Inc. Healthcare	NEW	89,909	NEW	$2,899,565	NEW	0.40%
IGAC	Invest Green Acquisition Corp Financial Services	NEW	270,000	NEW	$2,673,000	NEW	0.37%
JENA	JENA ACQUISITION Corp II Financial Services	NEW	250,000	NEW	$2,555,000	NEW	0.35%

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.