L2 Asset Management, LLC

CIK

1686988

Location

Wayland, MA

Portfolio Value

Small $843,896,191

Diversification

Diversified

Filing Date

Global Rank

#1,961 / 8,622 ▲ 576 · as of Mar 2026

Top Industry

Semiconductors 7.1%

3Y Alpha vs SPY

+4.8%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

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.

Cloned portfolio

+94.0%

SPY

+67.9%

Annualised alpha

+5.9%

Max drawdown

−22.8%

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 97% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

25.9%

+21.9 pts

Top 5

34.7%

+18.9 pts

Top 10

41.3%

+16.6 pts

HHI

732

Diversified+611

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	26.1%	$220,089,320	3
Technology	22.0%	$185,534,088	72
Financial Services	10.5%	$88,840,990	55
Healthcare	8.8%	$74,331,034	29
Consumer Cyclical	7.6%	$64,263,457	37
Communication Services	5.5%	$46,392,414	18
Energy	5.1%	$42,695,116	22
Consumer Defensive	4.7%	$39,823,961	22
Industrials	4.4%	$37,366,008	50
Basic Materials	3.0%	$25,545,380	13
Utilities	1.4%	$12,086,059	19
Real Estate	0.8%	$6,928,364	14

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
SPY	Spdr S&P 500 ETF Trust	+335,788	336,721	$218,983,135
HAL	Halliburton Co	+61,886	216,866	$8,455,605
CHWY	Chewy, Inc.	+54,234	90,332	$2,438,964
KR	Kroger Co	+47,432	53,725	$3,887,541
EXEL	Exelixis, Inc.	+43,626	130,292	$5,588,223
RYN	Rayonier Inc	+39,741	81,638	$1,683,375
KD	Kyndryl Holdings, Inc.	+39,739	53,189	$697,839
ABNB	Airbnb, Inc.	+36,982	71,959	$9,086,982
NJR	New Jersey Resources Corp	+28,888	48,667	$2,672,791
ETHA	iShares Ethereum Trust ETF	+22,882	45,764	$724,444
CF	CF Industries Holdings, Inc.	+20,095	112,065	$14,550,519
NTAP	NetApp, Inc.	+19,937	94,226	$9,647,800
CRBG	Corebridge Financial, Inc.	+19,586	53,629	$1,279,587
LYV	Live Nation Entertainment, Inc.	+19,115	54,231	$8,270,769
TPR	Tapestry, Inc.	+18,415	56,185	$7,928,265
HTZ	Hertz Global Holdings, Inc	+17,004	38,616	$178,019
AAON	Aaon, Inc.	+15,822	26,439	$2,187,827
EBS	Emergent BioSolutions Inc.	+15,181	25,782	$213,990
BMY	Bristol Myers Squibb Co	+14,376	25,140	$1,524,741
BBY	Best Buy Co Inc	+13,955	59,526	$3,821,569
AMGN	Amgen Inc	+13,836	27,740	$9,760,319
IHS	IHS Holding Ltd	+13,786	25,853	$212,770
ANF	Abercrombie & Fitch Co /De/	+13,774	23,001	$2,101,601
VAL	Valaris Ltd	+13,301	36,936	$3,621,205
DLTR	Dollar Tree, Inc.	+13,300	73,966	$8,100,016
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GEN	Gen Digital Inc.	−72,470	13,832	$260,456
EBAY	Ebay Inc	−49,156	7,508	$683,378
WFC	Wells Fargo & Company/Mn	−22,146	16,931	$1,347,876
AKAM	Akamai Technologies Inc	−16,984	24,070	$2,764,439
CAH	Cardinal Health Inc	−14,761	24,705	$5,220,413
CSCO	Cisco Systems, Inc.	−13,555	110,108	$8,543,279
CHKP	Check Point Software Technologies Ltd	−13,261	11,889	$1,698,343
LVS	Las Vegas Sands Corp	−8,024	41,641	$2,243,617
CPAY	Corpay, Inc.	−7,591	11,640	$3,387,123
JBL	Jabil Inc	−4,785	27,863	$7,401,248
GILD	Gilead Sciences, Inc.	−4,759	66,161	$9,220,858
JPM	Jpmorgan Chase & Co	−4,575	18,085	$5,319,883
MRK	Merck & Co., Inc.	−3,999	14,105	$1,696,690
BRK-B	Berkshire Hathaway Inc	−3,256	22,172	$10,624,822
BLD	QXO Insulation, LLC	−2,422	3,708	$1,302,620
ACM	Aecom	−2,233	7,771	$659,136
JNJ	Johnson & Johnson	−2,115	3,088	$754,830
KMB	Kimberly Clark Corp	−2,094	5,828	$562,227
RL	Ralph Lauren Corp	−1,906	16,141	$5,552,342
LRCX	Lam Research Corp	−1,901	26,025	$5,560,501
ABBV	AbbVie Inc.	−1,417	12,615	$2,743,636
IBM	International Business Machines Corp	−1,190	23,089	$5,596,542
VST	Vistra Corp.	−1,082	4,672	$702,341
PYPL	PayPal Holdings, Inc.	−983	35,453	$1,603,539
PM	Philip Morris International Inc.	−752	3,161	$522,639
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
JHG	Janus Henderson Group Ltd.	289,902	$14,892,265
KHC	Kraft Heinz Co	218,259	$4,908,644
DVN	Devon Energy Corp/De	75,366	$3,792,417
IT	Gartner Inc	12,871	$2,037,994
HUBB	Hubbell Inc	3,352	$1,644,960
ILMN	Illumina, Inc.	11,469	$1,413,668
FFIV	F5, Inc.	4,536	$1,312,400
CVLT	Commvault Systems Inc	10,256	$798,839
SFM	Sprouts Farmers Market, Inc.	10,277	$792,665
WTS	Watts Water Technologies Inc	2,201	$638,928
NEU	Newmarket Corp	936	$599,929
VNO	Vornado Realty Trust	22,292	$579,369
MO	Altria Group, Inc.	8,727	$575,894
SNDK	Sandisk Corp	747	$474,598
VIK	Viking Holdings Ltd	5,628	$413,545
PLAB	Photronics Inc	9,598	$387,855
ZIM	ZIM Integrated Shipping Services Ltd.	13,331	$351,271
HIG	Hartford Insurance Group, Inc.	2,527	$341,726
CMPR	CIMPRESS plc	4,522	$330,106
FITB	Fifth Third Bancorp	6,678	$310,259
MD	Pediatrix Medical Group, Inc.	14,395	$307,909
ECPG	Encore Capital Group Inc	4,335	$303,970
TSM	Taiwan Semiconductor Manufacturing Co Ltd	888	$300,099
CIEN	Ciena Corp	751	$291,560
TRGP	Targa Resources Corp.	1,142	$286,333
No positions match the current search.

Sold Out

Positions the filer fully exited

22 positions

Ticker	Company	Shares	Value
OMC	Omnicom Group Inc.	31,466	$2,540,879
TLN	Talen Energy Corp	5,082	$1,904,936
BAH	Booz Allen Hamilton Holding Corp	15,035	$1,268,352
DKS	Dick's Sporting Goods, Inc.	5,630	$1,114,571
DOCU	Docusign, Inc.	13,594	$929,829
UNM	Unum Group	10,343	$801,582
STT	State Street Corp	6,170	$795,991
CTRA	Coterra Energy Inc.	23,899	$629,021
TXNM	Txnm Energy Inc	8,187	$482,050
FR	First Industrial Realty Trust Inc	7,622	$436,511
VC	Visteon Corp	4,546	$432,324
AMZN	Amazon Com Inc	1,459	$336,766
WIX	Wix.com Ltd.	3,216	$334,110
BURL	Burlington Stores, Inc.	1,054	$304,447
GDDY	GoDaddy Inc.	2,256	$279,924
EVR	Evercore Inc.	821	$279,345
DRI	Darden Restaurants Inc	1,495	$275,109
RBLX	Roblox Corp	3,056	$247,627
WDAY	Workday, Inc.	1,079	$231,747
TTWO	Take Two Interactive Software Inc	900	$230,427
AXON	Axon Enterprise, Inc.	376	$213,541
CTSH	Cognizant Technology Solutions Corp	2,425	$201,275
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

354 tracked positions · $843,896,191 total · filing declares 397 positions · $1,051,344,188 · 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 354 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	336,721	+335,788	$218,983,135	+34318.8%	25.95%
NVDA	Nvidia Corp Technology	Added	126,786	+8,775	$22,111,478	+0.5%	2.62%
AAPL	Apple Inc. Technology	Added	86,581	+8,722	$21,973,391	+3.8%	2.60%
MSFT	Microsoft Corp Technology	Added	40,974	+2,873	$15,167,345	−17.7%	1.80%
JHG	Janus Henderson Group Ltd. Financial Services	NEW	289,902	NEW	$14,892,265	NEW	1.76%
CF	CF Industries Holdings, Inc. Basic Materials	Added	112,065	+20,095	$14,550,519	+104.6%	1.72%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	22,172	-3,256	$10,624,822	−16.9%	1.26%
GOOGL	Alphabet Inc. Communication Services	Added	36,651	+2,814	$10,539,361	−0.5%	1.25%
AMGN	Amgen Inc Healthcare	Added	27,740	+13,836	$9,760,319	+114.5%	1.16%
META	Meta Platforms, Inc. Communication Services	Reduced	17,017	-260	$9,735,936	−14.6%	1.15%
EXPE	Expedia Group, Inc. Consumer Cyclical	Added	41,991	+2,342	$9,695,301	−13.7%	1.15%
NTAP	NetApp, Inc. Technology	Added	94,226	+19,937	$9,647,800	+21.3%	1.14%
GILD	Gilead Sciences, Inc. Healthcare	Reduced	66,161	-4,759	$9,220,858	+5.9%	1.09%
ABNB	Airbnb, Inc. Consumer Cyclical	Added	71,959	+36,982	$9,086,982	+91.4%	1.08%
CSCO	Cisco Systems, Inc. Technology	Reduced	110,108	-13,555	$8,543,279	−10.3%	1.01%
HAL	Halliburton Co Energy	Added	216,866	+61,886	$8,455,605	+93.1%	1.00%
UTHR	UNITED THERAPEUTICS Corp Healthcare	Added	14,091	+2,102	$8,355,681	+43.0%	0.99%
LYV	Live Nation Entertainment, Inc. Communication Services	Added	54,231	+19,115	$8,270,769	+65.3%	0.98%
FLEX	Flex Ltd. Technology	Added	124,846	+7,295	$8,172,419	+15.1%	0.97%
DLTR	Dollar Tree, Inc. Consumer Defensive	Added	73,966	+13,300	$8,100,016	+8.5%	0.96%
TPR	Tapestry, Inc. Consumer Cyclical	Added	56,185	+18,415	$7,928,265	+64.3%	0.94%
AVGO	Broadcom Inc. Technology	Added	25,334	+1,885	$7,841,126	−3.4%	0.93%
SYF	Synchrony Financial Financial Services	Added	110,998	+10,703	$7,550,083	−9.8%	0.89%
JBL	Jabil Inc Technology	Reduced	27,863	-4,785	$7,401,248	−0.6%	0.88%
ZM	Zoom Communications, Inc. Technology	Added	88,028	+12,296	$7,076,570	+8.3%	0.84%
RPRX	Royalty Pharma plc Healthcare	Added	147,082	+1,328	$7,055,523	+25.3%	0.84%
LOGI	Logitech International S.A. Technology	Added	77,126	+10,699	$7,027,721	+5.6%	0.83%
FOXA	Fox Corp Communication Services	Added	113,009	+6,763	$6,599,725	−15.0%	0.78%
DELL	Dell Technologies Inc. Technology	Added	40,107	+10,494	$6,582,761	+76.6%	0.78%
QCOM	Qualcomm Inc/De Technology	Added	49,031	+5,730	$6,314,212	−14.7%	0.75%
TSLA	Tesla, Inc. Consumer Cyclical	Added	15,884	+539	$5,904,877	−14.4%	0.70%
AMP	Ameriprise Financial Inc Financial Services	Added	13,222	+244	$5,875,856	−7.7%	0.70%
HOLX	HOLOGIC INC Healthcare	Added	76,853	+2,219	$5,809,318	+4.5%	0.69%
COKE	Coca-Cola Consolidated, Inc. Consumer Defensive	Added	30,109	+3,630	$5,773,099	+42.2%	0.68%
IBM	International Business Machines Corp Technology	Reduced	23,089	-1,190	$5,596,542	−22.2%	0.66%
EXEL	Exelixis, Inc. Healthcare	Added	130,292	+43,626	$5,588,223	+47.1%	0.66%
LRCX	Lam Research Corp Technology	Reduced	26,025	-1,901	$5,560,501	+16.3%	0.66%
RL	Ralph Lauren Corp Consumer Cyclical	Reduced	16,141	-1,906	$5,552,342	−13.0%	0.66%
SLB	Slb Limited/Nv Energy	Added	106,239	+4,811	$5,459,622	+40.2%	0.65%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	18,085	-4,575	$5,319,883	−27.1%	0.63%
EOG	Eog Resources Inc Energy	Added	36,149	+5,849	$5,226,060	+64.2%	0.62%
CAH	Cardinal Health Inc Healthcare	Reduced	24,705	-14,761	$5,220,413	−35.6%	0.62%
KHC	Kraft Heinz Co Consumer Defensive	NEW	218,259	NEW	$4,908,644	NEW	0.58%
INCY	Incyte Corp Healthcare	Added	42,145	+78	$3,966,687	−4.5%	0.47%
KR	Kroger Co Consumer Defensive	Added	53,725	+47,432	$3,887,541	+888.7%	0.46%
XOM	ExxonMobil Holdings Corp Energy	Added	22,893	+1,373	$3,884,026	+50.0%	0.46%
BBY	Best Buy Co Inc Consumer Cyclical	Added	59,526	+13,955	$3,821,569	+25.3%	0.45%
DVN	Devon Energy Corp/De Energy	NEW	75,366	NEW	$3,792,417	NEW	0.45%
VAL	Valaris Ltd Energy	Added	36,936	+13,301	$3,621,205	+204.0%	0.43%
CPAY	Corpay, Inc. Technology	Reduced	11,640	-7,591	$3,387,123	−41.5%	0.40%

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.