Newfound Research LLC

CIK

1630806

Location

Wellesley Hills, MA

Portfolio Value

Micro $8,432,622

Diversification

Diversified

Filing Date

Global Rank

#6,297 / 6,692 ▼ 51 · as of Sep 2022

Top Industry

Diagnostics & Research 8.0%

3Y Alpha vs SPY

-9.5%

Period ended 3 years ago

Filed Oct 13, 2022 · 3y

10 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+37.8%

SPY

+76.5%

Annualised alpha

-9.6%

Max drawdown

−14.8%

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

105 positions · as of Sep 30, 2022 · Δ vs Jun 30, 2022

Top Position

19.8%

−11.8 pts

Top 5

24.0%

−11.5 pts

Top 10

29.0%

−11.1 pts

HHI

459

Diversified−587

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2022

Sector	% Portfolio	Value	Positions
Healthcare	24.1%	$2,030,596	28
Unclassified	19.8%	$1,668,744	1
Technology	15.6%	$1,317,677	21
Industrials	15.4%	$1,299,899	23
Consumer Defensive	9.4%	$795,955	13
Consumer Cyclical	5.6%	$473,991	8
Financial Services	5.3%	$447,680	6
Communication Services	1.9%	$157,577	2
Basic Materials	1.0%	$85,644	1
Real Estate	0.9%	$79,609	1
Energy	0.9%	$75,250	1

Last Quarter's Activity

Export CSV

Sep 30, 2022 vs Jun 30, 2022

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	+757	797	$76,233
CHD	Church & Dwight Co Inc /De/	+452	1,002	$71,582
CTSH	Cognizant Technology Solutions Corp	+443	1,110	$63,758
INCY	Incyte Corp	+311	1,187	$79,101
MKC	Mccormick & Co Inc	+311	863	$61,506
PG	PROCTER & GAMBLE Co	+266	601	$75,876
HRL	Hormel Foods Corp /De/	+181	1,269	$57,663
FAST	Fastenal Co	+156	1,712	$39,410
IEP	Icahn Enterprises L.P.	+141	1,515	$75,250
KDP	Keurig Dr Pepper Inc.	+136	1,968	$70,493
HON	Honeywell International Inc	+125	476	$78,561
EW	Edwards Lifesciences Corp	+113	936	$77,341
UNP	Union Pacific Corp	+110	336	$65,459
ACN	Accenture plc	+92	307	$78,991
HOLX	HOLOGIC INC	+75	1,257	$81,101
ETN	Eaton Corp plc	+70	417	$55,611
HD	Home Depot, Inc.	+69	299	$82,506
ROL	Rollins Inc	+64	2,061	$71,475
APH	Amphenol Corp /De/	+60	1,278	$42,787
ZTS	Zoetis Inc.	+49	527	$78,148
MSFT	Microsoft Corp	+41	337	$78,487
GILD	Gilead Sciences, Inc.	+40	1,429	$88,155
WST	West Pharmaceutical Services Inc	+39	295	$72,593
VRSN	Verisign Inc/Ca	+36	489	$84,939
MDLZ	Mondelez International, Inc.	+36	1,402	$76,871
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	−4,441	4,672	$1,668,744
MNST	Monster Beverage Corp	−535	648	$28,175
CSGP	Costar Group, Inc.	−486	1,143	$79,609
BSX	Boston Scientific Corp	−353	2,198	$85,128
BR	Broadridge Financial Solutions, Inc.	−321	401	$57,872
CSX	Csx Corp	−307	2,834	$75,497
HEI	Heico Corp	−302	414	$59,607
MMM	3M Co	−275	431	$39,820
STZ	Constellation Brands, Inc.	−261	184	$42,261
WCN	Waste Connections, Inc.	−250	570	$77,024
EMR	Emerson Electric Co	−244	514	$37,635
CDNS	Cadence Design Systems Inc	−233	302	$49,355
AMGN	Amgen Inc	−198	187	$42,149
RSG	Republic Services, Inc.	−187	334	$45,437
ADI	Analog Devices Inc	−169	488	$67,997
YUM	Yum Brands Inc	−156	745	$79,223
FTV	Fortive Corp	−134	950	$41,737
KMB	Kimberly Clark Corp	−133	670	$75,401
CTAS	Cintas Corp	−120	152	$14,751
RPRX	Royalty Pharma plc	−112	1,077	$43,273
PM	Philip Morris International Inc.	−111	751	$62,340
A	Agilent Technologies, Inc.	−111	718	$87,272
ABT	Abbott Laboratories	−100	804	$77,795
WM	Waste Management Inc	−98	465	$74,497
JNJ	Johnson & Johnson	−97	418	$68,284
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
DGX	Quest Diagnostics Inc	552	$67,724
AAPL	Apple Inc.	484	$66,888
LHX	L3harris Technologies, Inc. /De/	315	$65,466
BMRN	Biomarin Pharmaceutical Inc	707	$59,932
IEX	Idex Corp /De/	294	$58,755
COST	Costco Wholesale Corp /New	85	$40,142
JBHT	Hunt J B Transport Services Inc	256	$40,043
NSC	Norfolk Southern Corp	188	$39,414
PKG	Packaging Corp Of America	313	$35,146
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
LLY	ELI LILLY & Co	207	$67,115
LBRDA	Liberty Broadband Corp	547	$58,211
ROK	Rockwell Automation, Inc	262	$52,219
EXPD	Expeditors International Of Washington Inc	519	$50,581
SNPS	Synopsys Inc	159	$48,288
BMY	Bristol Myers Squibb Co	555	$42,735
WMT	Walmart Inc.	512	$20,749
TECH	BIO-TECHNE Corp	178	$15,425
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

105 positions · $8,432,622 total · as of Sep 30, 2022

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

Showing 1–50 of 105 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	4,672	-4,441	$1,668,744	−51.5%	19.79%
RMD	Resmed Inc Healthcare	Reduced	410	-57	$89,503	−8.6%	1.06%
GILD	Gilead Sciences, Inc. Healthcare	Added	1,429	+40	$88,155	+2.7%	1.05%
A	Agilent Technologies, Inc. Healthcare	Reduced	718	-111	$87,272	−11.4%	1.03%
VEEV	Veeva Systems Inc Healthcare	Added	528	+25	$87,056	−12.6%	1.03%
APD	Air Products & Chemicals, Inc. Basic Materials	Reduced	368	-39	$85,644	−12.5%	1.02%
BSX	Boston Scientific Corp Healthcare	Reduced	2,198	-353	$85,128	−10.5%	1.01%
VRSN	Verisign Inc/Ca Technology	Added	489	+36	$84,939	+12.1%	1.01%
AME	Ametek Inc/ Industrials	Reduced	746	-73	$84,603	−6.0%	1.00%
TXN	Texas Instruments Inc Technology	Reduced	544	-75	$84,200	−11.5%	1.00%
SYK	Stryker Corp Healthcare	Reduced	411	-31	$83,243	−5.3%	0.99%
HD	Home Depot, Inc. Consumer Cyclical	Added	299	+69	$82,506	+30.8%	0.98%
VRSK	Verisk Analytics, Inc. Industrials	Added	483	+15	$82,365	+1.7%	0.98%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	162	+5	$82,164	−3.7%	0.97%
EA	Electronic Arts Inc. Communication Services	Reduced	703	-81	$81,344	−14.7%	0.96%
ITW	Illinois Tool Works Inc Industrials	Reduced	449	-50	$81,111	−10.8%	0.96%
HOLX	HOLOGIC INC Healthcare	Added	1,257	+75	$81,101	−1.0%	0.96%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Added	117	+3	$80,597	+19.6%	0.96%
CSGP	Costar Group, Inc. Real Estate	Reduced	1,143	-486	$79,609	−19.1%	0.94%
KEYS	Keysight Technologies, Inc. Technology	Reduced	504	-83	$79,309	−2.0%	0.94%
YUM	Yum Brands Inc Consumer Cyclical	Reduced	745	-156	$79,223	−22.5%	0.94%
INCY	Incyte Corp Healthcare	Added	1,187	+311	$79,101	+18.9%	0.94%
ACN	Accenture plc Technology	Added	307	+92	$78,991	+32.3%	0.94%
HON	Honeywell International Inc Industrials	Added	476	+125	$78,561	+30.3%	0.93%
MSFT	Microsoft Corp Technology	Added	337	+41	$78,487	+3.2%	0.93%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	417	-1	$78,162	−6.8%	0.93%
ZTS	Zoetis Inc. Healthcare	Added	527	+49	$78,148	−4.9%	0.93%
MTD	Mettler Toledo International Inc/ Healthcare	Added	72	+5	$78,056	+1.4%	0.93%
ABT	Abbott Laboratories Healthcare	Reduced	804	-100	$77,795	−20.8%	0.92%
V	Visa Inc. Financial Services	Reduced	437	-47	$77,633	−18.5%	0.92%
MDT	Medtronic plc Healthcare	Reduced	961	-88	$77,600	−17.6%	0.92%
IDXX	Idexx Laboratories Inc /De Healthcare	Added	238	+1	$77,540	−6.7%	0.92%
EW	Edwards Lifesciences Corp Healthcare	Added	936	+113	$77,341	−1.2%	0.92%
WCN	Waste Connections, Inc. Industrials	Reduced	570	-250	$77,024	−24.2%	0.91%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	1,096	-22	$76,994	−14.1%	0.91%
ROP	Roper Technologies Inc Technology	Reduced	214	-27	$76,962	−19.1%	0.91%
MDLZ	Mondelez International, Inc. Consumer Defensive	Added	1,402	+36	$76,871	−9.4%	0.91%
MCO	Moodys Corp /De/ Financial Services	Reduced	316	-44	$76,822	−21.5%	0.91%
DHR	Danaher Corp /De/ Healthcare	Reduced	333	-60	$76,250	−13.7%	0.90%
GOOGL	Alphabet Inc. Communication Services	Added	797	+757	$76,233	+1649.3%	0.90%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	601	+266	$75,876	+57.5%	0.90%
MA	Mastercard Inc Financial Services	Reduced	266	-25	$75,634	−17.6%	0.90%
AKAM	Akamai Technologies Inc Technology	Reduced	940	-19	$75,500	−13.8%	0.90%
CSX	Csx Corp Industrials	Reduced	2,834	-307	$75,497	−17.3%	0.90%
WAT	Waters Corp /De/ Healthcare	Reduced	280	-59	$75,468	−32.7%	0.89%
KMB	Kimberly Clark Corp Consumer Defensive	Reduced	670	-133	$75,401	−30.5%	0.89%
IEP	Icahn Enterprises L.P. Energy	Added	1,515	+141	$75,250	+13.8%	0.89%
WM	Waste Management Inc Industrials	Reduced	465	-98	$74,497	−13.5%	0.88%
SPGI	S&P Global Inc. Financial Services	Reduced	256	-33	$73,954	−19.8%	0.88%
GRMN	Garmin Ltd Technology	Reduced	920	-32	$73,885	−21.0%	0.88%