North Fourth Asset Management, LP
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Sep 30, 2023, never from the firm's own description.
Closest benchmark: the Dow Jones Industrial Average as of 2023-10-31, active share 85.8%; sector active share 62.8% against the combined 13F book's sector weights.
Over time 15 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
34 tracked positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023Portfolio Trend
Sector Breakdown
As of Sep 30, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 39.8% | $64,550,877 |
| Unclassified | 33.2% | $53,738,991 |
| Technology | 10.1% | $16,429,572 |
| Basic Materials | 7.6% | $12,273,969 |
| Industrials | 3.9% | $6,358,079 |
| Communication Services | 3.7% | $6,004,200 |
| Consumer Defensive | 1.6% | $2,645,000 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reducedNew Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SHW | Sherwin Williams Co | 34,500 | $8,799,225 | |
| LULU | lululemon athletica inc. | 21,000 | $8,097,810 | |
| DPZ | Dominos Pizza Inc | 16,950 | $6,420,490 | |
| FDX | Fedex Corp | 24,000 | $6,358,079 | |
| ASO | Academy Sports & Outdoors, Inc. | 89,978 | $4,253,260 | |
| MCD | Mcdonalds Corp | 16,000 | $4,215,040 | |
| VMC | Vulcan Materials CO | 17,200 | $3,474,744 | |
| SHAK | Shake Shack Inc. | 49,970 | $2,901,757 | |
| RCL | Royal Caribbean Cruises Ltd | 24,200 | $2,229,788 | |
| AEO | American Eagle Outfitters Inc | 130,172 | $2,162,156 | |
| — | 42,723 | $2,091,291 | ||
| ACN | Accenture plc | 6,000 | $1,842,660 | |
| — | 55,000 | $936,650 | ||
| CRM | Salesforce, Inc. | 3,000 | $608,340 | |
| REAL | TheRealReal, Inc. | 280,200 | $591,222 | |
| RL | Ralph Lauren Corp | 5,000 | $580,450 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| THO | Thor Industries Inc | 74,000 | $7,659,000 | |
| WMT | Walmart Inc. | 36,000 | $5,658,476 | |
| LVS | Las Vegas Sands Corp | 80,629 | $4,676,482 | |
| RH | Rh | 13,400 | $4,416,506 | |
| CMG | Chipotle Mexican Grill Inc | 2,000 | $4,278,000 | |
| NVT | nVent Electric plc | 82,000 | $4,236,940 | |
| INVZ | Innoviz Technologies Ltd. | 1,439,616 | $4,088,509 | |
| ETN | Eaton Corp plc | 20,000 | $4,022,000 | |
| HUBS | Hubspot Inc | 7,000 | $3,724,630 | |
| ADBE | Adobe Inc. | 7,600 | $3,716,324 | |
| MDLZ | Mondelez International, Inc. | 48,000 | $3,501,120 | |
| MLCO | Melco Resorts & Entertainment LTD | 274,786 | $3,355,137 | |
| EL | Estee Lauder Companies Inc | 17,000 | $3,338,460 | |
| ACI | Albertsons Companies, Inc. | 145,070 | $3,165,427 | |
| ROST | Ross Stores, Inc. | 27,984 | $3,137,845 | |
| HUBG | Hub Group, Inc. | 36,631 | $2,942,201 | |
| DG | Dollar General Corp | 16,000 | $2,716,480 | |
| CZR | Caesars Entertainment, Inc. | 49,975 | $2,547,225 | |
| SNOW | Snowflake Inc. | 14,000 | $2,463,720 | |
| PPG | Ppg Industries Inc | 15,989 | $2,371,168 | |
| DECK | Deckers Outdoor Corp | 4,000 | $2,110,639 | |
| BOOT | Boot Barn Holdings, Inc. | 21,337 | $1,807,030 | |
| ELF | e.l.f. Beauty, Inc. | 15,000 | $1,713,450 | |
| TREX | Trex Co Inc | 26,080 | $1,709,804 | |
| MAR | Marriott International Inc | 8,000 | $1,469,520 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| QQQ |
Invesco Qqq Trust, Series 1
CALL
|
Added | 80,000 | $28,661,600 | 17.69% | |
| SPY |
Spdr S&P 500 ETF Trust
PUT
|
Reduced | 30,000 | $12,824,400 | 7.92% | |
| SHW |
Sherwin Williams Co
Basic Materials
|
NEW | 34,500 | $8,799,225 | 5.43% | |
| LULU |
lululemon athletica inc.
Consumer Cyclical
|
NEW | 21,000 | $8,097,810 | 5.00% | |
| ZBRA |
Zebra Technologies Corp
CALL
Technology
|
NEW | 32,400 | $7,663,572 | 4.73% | |
| AMZN |
Amazon Com Inc
CALL
+ SHARES
Consumer Cyclical
|
Reduced | 58,000 | $7,372,960 | 4.55% | |
| DPZ |
Dominos Pizza Inc
Consumer Cyclical
|
NEW | 16,950 | $6,420,490 | 3.96% | |
| FDX |
Fedex Corp
Industrials
|
NEW | 24,000 | $6,358,079 | 3.92% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 20,000 | $6,315,000 | 3.90% | |
| META |
Meta Platforms, Inc.
CALL
Communication Services
|
NEW | 20,000 | $6,004,200 | 3.71% | |
|
CALL
+ SHARES
|
NEW | 117,723 | $5,762,541 | 3.56% | ||
|
CALL
|
NEW | 140,000 | $5,553,800 | 3.43% | ||
| SBUX |
Starbucks Corp
PUT
Consumer Cyclical
|
NEW | 55,000 | $5,019,850 | 3.10% | |
| NKE |
NIKE, Inc.
CALL
+ SHARES
Consumer Cyclical
|
Reduced | 50,000 | $4,781,000 | 2.95% | |
| RCL |
Royal Caribbean Cruises Ltd
CALL
+ SHARES
Consumer Cyclical
|
NEW | 49,200 | $4,533,288 | 2.80% | |
| ASO |
Academy Sports & Outdoors, Inc.
Consumer Cyclical
|
NEW | 89,978 | $4,253,260 | 2.63% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
NEW | 16,000 | $4,215,040 | 2.60% | |
| M |
Macy's, Inc.
CALL
Consumer Cyclical
|
Added | 330,000 | $3,831,300 | 2.36% | |
| WYNN |
Wynn Resorts Ltd
CALL
+ SHARES
Consumer Cyclical
|
Reduced | 41,000 | $3,788,810 | 2.34% | |
| VMC |
Vulcan Materials CO
Basic Materials
|
NEW | 17,200 | $3,474,744 | 2.14% | |
| SHAK |
Shake Shack Inc.
Consumer Cyclical
|
NEW | 49,970 | $2,901,757 | 1.79% | |
| DG |
Dollar General Corp
PUT
Consumer Defensive
|
Reduced | 25,000 | $2,645,000 | 1.63% | |
| URBN |
Urban Outfitters Inc
Consumer Cyclical
|
Added | 75,709 | $2,474,927 | 1.53% | |
| AEO |
American Eagle Outfitters Inc
Consumer Cyclical
|
NEW | 130,172 | $2,162,156 | 1.33% | |
| ACN |
Accenture plc
Technology
|
NEW | 6,000 | $1,842,660 | 1.14% | |
| LVS |
Las Vegas Sands Corp
CALL
Consumer Cyclical
|
Reduced | 40,000 | $1,833,600 | 1.13% | |
|
|
NEW | 55,000 | $936,650 | 0.58% | ||
| INVZ |
Innoviz Technologies Ltd.
CALL
Consumer Cyclical
|
Reduced | 450,000 | $877,500 | 0.54% | |
| CCL |
Carnival Corp Ltd.
CALL
Consumer Cyclical
|
Reduced | 50,000 | $686,000 | 0.42% | |
| CRM |
Salesforce, Inc.
Technology
|
NEW | 3,000 | $608,340 | 0.38% | |
| REAL |
TheRealReal, Inc.
Consumer Cyclical
|
NEW | 280,200 | $591,222 | 0.36% | |
| RL |
Ralph Lauren Corp
Consumer Cyclical
|
Reduced | 5,000 | $580,450 | 0.36% | |
| MSC |
STUDIO CITY INTERNATIONAL HOLDINGS Ltd
Consumer Cyclical
|
Reduced | 25,737 | $129,457 | 0.08% | |
| LAZR |
Luminar Technologies, Inc.
Consumer Cyclical
|
Added | 330,000 | $0 | 0.00% |
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.