Sturgeon Ventures LLP

Registered adviser

CIK

1720346

Location

LONDON, X0

Portfolio Value

Micro $75,999,522

Diversification

Diversified

Filing Date

Global Rank

#6,515 / 7,036 ▲ 46 · as of Sep 2023

Top Industry

Internet Content & Information 23.2%

3Y Alpha vs SPY

+62.3%

Period ended 3 years ago

Filed Oct 17, 2023 · 3y

15 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 167026

Roster of Nov 1, 2026

Regulatory AUM

$402,333,293

Main clients

Pooled investment vehicles (82% of AUM)

LEI

5493008KHCPPVJUY3A33

Private funds on Schedule D 7.B.(1)

As filed Jun 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

No private funds listed.

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Jul 2026 to Nov 2026	$402,333,293	Pooled investment vehicles (82%)
Jul 2025 to Jun 2026	$321,110,306	Pooled investment vehicles (81%)
Jul 2024 to Jun 2025	$298,987,911	Pooled investment vehicles (96%)
Aug 2023 to Jun 2024	$318,745,069	Pooled investment vehicles (98%)
May 2023 to Jul 2023	$529,287,170	Pooled investment vehicles (99%)
Jul 2022 to Apr 2023	$529,287,170	Pooled investment vehicles (99%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2023, never from the firm's own description.

Style

Concentrated

The top 10 positions are 76.6% of the book (60%+)

Turnover

Medium turnover

52.4% over the last four quarters (30% to under 100%)

Horizon

Horizon unknown

The value-weighted holding period is at least 7.0 quarters, but 28.4% of the book was already held when coverage starts

Closest benchmark: the Nasdaq-100 as of 2023-09-30, active share 64.5%; sector active share 44.5% 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 backtest

Portfolio Concentration

43 tracked positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023

Top Position

15.2%

+0.3 pts

Top 5

49.9%

−5.7 pts

Top 10

76.6%

−2.2 pts

HHI

764

Diversified−51

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Technology	41.9%	$31,838,901	9
Communication Services	21.3%	$16,214,938	4
Consumer Cyclical	17.7%	$13,456,085	7
Industrials	10.1%	$7,691,056	7
Unclassified	8.3%	$6,283,306	4
Financial Services	0.6%	$437,017	7
Consumer Defensive	0.0%	$35,330	2
Real Estate	0.0%	$24,976	2
Healthcare	0.0%	$17,913	1

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	+35,120	35,612	$4,660,186
MCD	Mcdonalds Corp	+6,732	6,817	$1,795,870
CRM	Salesforce, Inc.	+3,805	13,292	$2,695,351
BKNG	Booking Holdings Inc.	+339	1,452	$4,477,895
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
MSFT	Microsoft Corp	−2,898	19,338	$6,105,973
AAPL	Apple Inc.	−1,632	33,426	$5,722,865
QQQ	Invesco Qqq Trust, Series 1	−500	7,092	$2,540,850
SPY	Spdr S&P 500 ETF Trust	−228	8,216	$3,512,175
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
AMZN	Amazon Com Inc	17,459	$2,219,388
EMR	Emerson Electric Co	105	$10,139
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
DE	Deere & Co	7,120	$2,884,952
CTVA	Corteva, Inc.	28,093	$1,609,728
GIS	General Mills Inc	137	$10,507
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

43 tracked positions · $75,999,522 total · filing declares 43 positions · $75,999,539 · as of Sep 30, 2023

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
META	Meta Platforms, Inc. Communication Services	Held	38,368	0	$11,518,457	+4.6%	4	$154.21	15.16%
NVDA	Nvidia Corp Technology	Held	22,362	0	$9,727,246	+2.8%	15+	before history	12.80%
MSFT	Microsoft Corp Technology	Reduced	19,338	-2,898	$6,105,973	−19.4%	15+	before history	8.03%
AAPL	Apple Inc. Technology	Reduced	33,426	-1,632	$5,722,865	−15.8%	15+	before history	7.53%
FTNT	Fortinet, Inc. Technology	Held	83,015	0	$4,871,320	−22.4%	5	$53.03	6.41%
GOOGL	Alphabet Inc. Communication Services	Added	35,612	+35,120	$4,660,186	+7813.1%	3	$129.07	6.13%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	1,452	+339	$4,477,895	+49.0%	3	$2,572.16	5.89%
CAT	Caterpillar Inc Industrials	Held	13,955	0	$3,809,715	+11.0%	4	$220.69	5.01%
CTAS	Cintas Corp Industrials	Held	7,876	0	$3,788,434	−3.2%	4	$434.21	4.98%
SPY	Spdr S&P 500 ETF Trust	Reduced	8,216	-228	$3,512,175	−6.2%	6	$398.03	4.62%
CRM	Salesforce, Inc. Technology	Added	13,292	+3,805	$2,695,351	+34.5%	3	$187.54	3.55%
MCHP	Microchip Technology Inc Technology	Held	34,008	0	$2,654,324	−12.9%	3	$79.74	3.49%
QQQ	Invesco Qqq Trust, Series 1	Reduced	7,092	-500	$2,540,850	−9.4%	3	$295.05	3.34%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	17,459	NEW	$2,219,388	NEW	1	$134.00	2.92%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Held	1,016	0	$1,861,139	−14.4%	5	$1,529.39	2.45%
MCD	Mcdonalds Corp Consumer Cyclical	Added	6,817	+6,732	$1,795,870	+6980.4%	3	$284.99	2.36%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Held	1,712	0	$1,555,969	−4.9%	4	$809.92	2.05%
AZO	Autozone Inc Consumer Cyclical	Held	573	0	$1,455,414	+1.9%	4	$2,421.58	1.92%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	679	0	$237,853	+2.7%	2	$326.37	0.31%
PKW	Victory Portfolios II	Held	1,457	0	$131,086	+0.6%	4	$84.32	0.17%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Held	467	0	$99,195	−3.6%	3	unpriced	0.13%
LOW	Lowes Companies Inc Consumer Cyclical	Held	435	0	$90,410	−7.9%	3	$203.15	0.12%
V	Visa Inc. Financial Services	Held	312	0	$71,763	−3.1%	3	$222.58	0.09%
AON	Aon plc Financial Services	Held	180	0	$58,359	−6.1%	3	$309.53	0.08%
UNP	Union Pacific Corp Industrials	Held	170	0	$34,617	−0.5%	3	$202.67	0.05%
ITW	Illinois Tool Works Inc Industrials	Held	105	0	$24,182	−7.9%	3	$233.35	0.03%
GOOG	Alphabet Inc. Communication Services	Held	180	0	$23,733	+9.0%	3	$96.56	0.03%
PEP	Pepsico Inc Consumer Defensive	Held	140	0	$23,721	−8.5%	4	$178.37	0.03%
PGR	Progressive Corp Financial Services	Held	170	0	$23,681	+5.2%	3	$137.89	0.03%
ORCL	Oracle Corp Technology	Held	215	0	$22,772	−11.1%	3	$87.69	0.03%
CSCO	Cisco Systems, Inc. Technology	Held	369	0	$19,837	+3.9%	3	$48.84	0.03%
QCOM	Qualcomm Inc Technology	Held	173	0	$19,213	−6.7%	3	$124.33	0.03%
SCHW	Schwab Charles Corp Financial Services	Held	328	0	$18,007	−3.1%	3	$73.23	0.02%
MRK	Merck & Co., Inc. Healthcare	Held	174	0	$17,913	−10.8%	3	$107.97	0.02%
JPM	Jpmorgan Chase & Co Financial Services	Held	115	0	$16,677	−0.3%	3	$137.02	0.02%
AMT	American Tower Corp Real Estate	Held	85	0	$13,978	−15.2%	3	$209.81	0.02%
DIS	Walt Disney Co Communication Services	Held	155	0	$12,562	−9.2%	3	$100.82	0.02%
UPS	United Parcel Service Inc Industrials	Held	80	0	$12,469	−13.0%	3	$183.43	0.02%
TGT	Target Corp Consumer Defensive	Held	105	0	$11,609	−16.2%	3	$164.41	0.02%
BA	Boeing Co Industrials	Held	60	0	$11,500	−9.2%	3	$207.77	0.02%
IRM	Iron Mountain Inc Real Estate	Held	185	0	$10,998	+4.6%	2	$54.74	0.01%
GS	Goldman Sachs Group Inc Financial Services	Held	33	0	$10,677	+0.3%	3	$348.10	0.01%
EMR	Emerson Electric Co Industrials	NEW	105	NEW	$10,139	NEW	1	$95.24	0.01%

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.