L2 Asset Management, LLC

CIK

1686988

Location

Wayland, MA

Portfolio Value

Micro $25,545,380

Diversification

Diversified

Filing Date

Global Rank

#1,961 / 8,588 ▲ 574

Top Industry

Semiconductors 7.1%

3Y Alpha vs SPY

+4.1%

Period ended 3 months ago

Filed May 15, 2026 · 33d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+96.3%

SPY

+76.8%

Annualised alpha

+4.3%

Max drawdown

−22.9%

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

354 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	TopBuild Corp	−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 PLC	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

13 positions · $25,545,380 total · Basic Materials only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NUE	Nucor Corp Basic Materials	NEW	1,265	NEW	$213,911	NEW	0.84%
CTVA	Corteva, Inc. Basic Materials	Added	3,675	+248	$307,634	+33.9%	1.20%
APD	Air Products & Chemicals, Inc. Basic Materials	Added	1,176	+79	$341,616	+26.1%	1.34%
ECL	Ecolab Inc. Basic Materials	Added	1,372	+91	$364,979	+8.5%	1.43%
CRH	Crh Public Ltd Co Basic Materials	Added	3,610	+232	$379,483	−10.0%	1.49%
SHW	Sherwin Williams Co Basic Materials	Added	1,245	+84	$399,084	+6.1%	1.56%
FCX	Freeport-Mcmoran Inc Basic Materials	Added	7,717	+523	$453,605	+24.1%	1.78%
NEU	Newmarket Corp Basic Materials	NEW	936	NEW	$599,929	NEW	2.35%
NEM	NEWMONT Corp /DE/ Basic Materials	Added	5,894	+399	$638,025	+16.3%	2.50%
LIN	Linde PLC Basic Materials	Added	2,542	+172	$1,260,221	+24.7%	4.93%
RGLD	Royal Gold Inc Basic Materials	Added	10,970	+4,654	$2,791,755	+98.8%	10.93%
AU	AngloGold Ashanti PLC Basic Materials	Reduced	33,326	-18	$3,244,619	+14.1%	12.70%
CF	CF Industries Holdings, Inc. Basic Materials	Added	112,065	+20,095	$14,550,519	+104.6%	56.96%