L2 Asset Management, LLC
Filing Date
Global Rank
#1,696
/ 8,232
▲ 639
Top Industry
Semiconductors
7.1%
3Y Alpha vs SPY
+4.7%
Period ended 2 months ago
Filed May 15, 2026 · 30d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+97.8%
SPY
+76.3%
Annualised alpha
+4.7%
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, 2025Top 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 |
|---|---|---|
| Unclassified | 26.1% | $220,089,320 |
| Technology | 22.0% | $185,534,088 |
| Financial Services | 10.5% | $88,840,990 |
| Healthcare | 8.8% | $74,331,034 |
| Consumer Cyclical | 7.6% | $64,263,457 |
| Communication Services | 5.5% | $46,392,414 |
| Energy | 5.1% | $42,695,116 |
| Consumer Defensive | 4.7% | $39,823,961 |
| Industrials | 4.4% | $37,366,008 |
| Basic Materials | 3.0% | $25,545,380 |
| Utilities | 1.4% | $12,086,059 |
| Real Estate | 0.8% | $6,928,364 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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. | ||||
72 positions ·
$185,534,088 total
· Technology 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
Showing 1–50
of 72 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NVDA |
Nvidia Corp
Technology
|
Added | 126,786 | $22,111,478 | 11.92% | |
| AAPL |
Apple Inc.
Technology
|
Added | 86,581 | $21,973,391 | 11.84% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 40,974 | $15,167,345 | 8.17% | |
| NTAP |
NetApp, Inc.
Technology
|
Added | 94,226 | $9,647,800 | 5.20% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 110,108 | $8,543,279 | 4.60% | |
| FLEX |
Flex Ltd.
Technology
|
Added | 124,846 | $8,172,419 | 4.40% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 25,334 | $7,841,126 | 4.23% | |
| JBL |
Jabil Inc
Technology
|
Reduced | 27,863 | $7,401,248 | 3.99% | |
| ZM |
Zoom Communications, Inc.
Technology
|
Added | 88,028 | $7,076,570 | 3.81% | |
| LOGI |
Logitech International S.A.
Technology
|
Added | 77,126 | $7,027,721 | 3.79% | |
| DELL |
Dell Technologies Inc.
Technology
|
Added | 40,107 | $6,582,761 | 3.55% | |
| QCOM |
Qualcomm Inc/De
Technology
|
Added | 49,031 | $6,314,212 | 3.40% | |
| IBM |
International Business Machines Corp
Technology
|
Reduced | 23,089 | $5,596,542 | 3.02% | |
| LRCX |
Lam Research Corp
Technology
|
Reduced | 26,025 | $5,560,501 | 3.00% | |
| CPAY |
Corpay, Inc.
Technology
|
Reduced | 11,640 | $3,387,123 | 1.83% | |
| AKAM |
Akamai Technologies Inc
Technology
|
Reduced | 24,070 | $2,764,439 | 1.49% | |
| MU |
Micron Technology Inc
Technology
|
Added | 6,650 | $2,246,636 | 1.21% | |
| IT |
Gartner Inc
Technology
|
NEW | 12,871 | $2,037,994 | 1.10% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
Added | 13,895 | $2,032,560 | 1.10% | |
| MANH |
Manhattan Associates Inc
Technology
|
Added | 14,360 | $1,911,603 | 1.03% | |
| IPGP |
Ipg Photonics Corp
Technology
|
Added | 16,634 | $1,906,090 | 1.03% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Added | 9,213 | $1,874,200 | 1.01% | |
| AMAT |
Applied Materials Inc /De
Technology
|
Reduced | 5,278 | $1,803,967 | 0.97% | |
| CHKP |
Check Point Software Technologies Ltd
Technology
|
Reduced | 11,889 | $1,698,343 | 0.92% | |
| ORCL |
Oracle Corp
Technology
|
Added | 9,262 | $1,362,532 | 0.73% | |
| FFIV |
F5, Inc.
Technology
|
NEW | 4,536 | $1,312,400 | 0.71% | |
| KLAC |
Kla Corp
Technology
|
Added | 709 | $1,043,938 | 0.56% | |
| INTC |
Intel Corp
Technology
|
Added | 22,191 | $979,288 | 0.53% | |
| TXN |
Texas Instruments Inc
Technology
|
Added | 4,905 | $952,256 | 0.51% | |
| CRM |
Salesforce, Inc.
Technology
|
Added | 4,912 | $916,923 | 0.49% | |
| UBER |
Uber Technologies, Inc
Technology
|
Added | 12,487 | $898,189 | 0.48% | |
| ADI |
Analog Devices Inc
Technology
|
Added | 2,635 | $838,298 | 0.45% | |
| APH |
Amphenol Corp /De/
Technology
|
Added | 6,583 | $831,762 | 0.45% | |
| CVLT |
Commvault Systems Inc
Technology
|
NEW | 10,256 | $798,839 | 0.43% | |
| ACN |
Accenture plc
Technology
|
Added | 3,532 | $700,360 | 0.38% | |
| KD |
Kyndryl Holdings, Inc.
Technology
|
Added | 53,189 | $697,839 | 0.38% | |
| PANW |
Palo Alto Networks Inc
Technology
|
Added | 4,336 | $695,147 | 0.37% | |
| ANET |
Arista Networks, Inc.
Technology
|
Added | 5,637 | $692,110 | 0.37% | |
| TDC |
Teradata Corp /De/
Technology
|
Added | 26,629 | $682,501 | 0.37% | |
| INTU |
Intuit Inc.
Technology
|
Added | 1,497 | $647,272 | 0.35% | |
| NOW |
ServiceNow, Inc.
Technology
|
Added | 5,600 | $585,480 | 0.32% | |
| ADBE |
Adobe Inc.
Technology
|
Reduced | 2,327 | $565,647 | 0.30% | |
| CRWD |
CrowdStrike Holdings, Inc.
Technology
|
Added | 1,321 | $515,731 | 0.28% | |
| WDC |
Western Digital Corp
Technology
|
Added | 1,829 | $494,726 | 0.27% | |
| SNDK |
Sandisk Corp
Technology
|
NEW | 747 | $474,598 | 0.26% | |
| STX |
Seagate Technology Holdings plc
Technology
|
Added | 1,175 | $460,318 | 0.25% | |
| MRVL |
Marvell Technology, Inc.
Technology
|
Added | 4,573 | $452,955 | 0.24% | |
| ADP |
Automatic Data Processing Inc
Technology
|
Added | 2,184 | $443,745 | 0.24% | |
| SNPS |
Synopsys Inc
Technology
|
Added | 1,030 | $408,374 | 0.22% | |
| CDNS |
Cadence Design Systems Inc
Technology
|
Added | 1,467 | $407,635 | 0.22% |