Waterloo Capital, L.P.
Filing Date
Global Rank
#2,323
/ 8,578
▲ 33
Top Industry
Discount Stores
11.3%
3Y Alpha vs SPY
-2.4%
Period ended 3 months ago
Filed May 12, 2026 · 35d
14 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
+67.8%
SPY
+78.1%
Annualised alpha
-2.4%
Max drawdown
−17.1%
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
331 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
10.1%
+2.3 pts
Top 5
24.7%
−0.7 pts
Top 10
32.6%
−0.7 pts
HHI
206
Diversified+14
Portfolio Trend
14 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 22.6% | $140,510,561 |
| Consumer Defensive | 15.6% | $96,652,562 |
| Financial Services | 11.5% | $71,598,504 |
| Real Estate | 8.6% | $53,498,127 |
| Industrials | 7.0% | $43,562,985 |
| Consumer Cyclical | 6.5% | $40,155,504 |
| Healthcare | 6.3% | $38,929,828 |
| Unclassified | 6.0% | $37,060,659 |
| Energy | 5.8% | $36,239,983 |
| Communication Services | 4.3% | $26,642,611 |
| Utilities | 3.8% | $23,636,137 |
| Basic Materials | 2.1% | $12,809,127 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| GBDC | GOLUB CAPITAL BDC, Inc. | +219,379 | 370,410 | $4,689,390 | |
| WMT | Walmart Inc. | +72,509 | 507,239 | $63,039,662 | |
| SBRA | Sabra Health Care REIT, Inc. | +32,774 | 297,136 | $5,713,925 | |
| IAU | Ishares Gold Trust | +22,938 | 109,094 | $9,617,727 | |
| IBIT | iShares Bitcoin Trust ETF | +10,335 | 82,263 | $3,160,544 | |
| OKE | Oneok Inc /New/ | +9,692 | 41,193 | $3,723,435 | |
| OHI | Omega Healthcare Investors Inc | +8,749 | 140,304 | $6,148,121 | |
| CPRT | Copart Inc | +8,061 | 48,568 | $1,612,457 | |
| PFE | Pfizer Inc | +7,882 | 34,043 | $955,927 | |
| DOW | Dow Inc. | +7,027 | 18,080 | $753,032 | |
| GOOGL | Alphabet Inc. | +6,666 | 33,857 | $9,735,918 | |
| MO | Altria Group, Inc. | +6,502 | 93,629 | $6,178,577 | |
| WMB | Williams Companies, Inc. | +6,426 | 23,168 | $1,686,167 | |
| SPG | Simon Property Group Inc. | +5,414 | 28,237 | $5,267,047 | |
| KR | Kroger Co | +5,210 | 13,300 | $962,388 | |
| PEP | Pepsico Inc | +4,765 | 13,122 | $2,037,715 | |
| RITM | Rithm Capital Corp. | +4,725 | 406,236 | $3,851,117 | |
| EIX | Edison International | +4,462 | 11,217 | $820,860 | |
| EPD | Enterprise Products Partners L.P. | +4,449 | 18,761 | $709,916 | |
| CSCO | Cisco Systems, Inc. | +4,221 | 11,807 | $916,105 | |
| APH | Amphenol Corp /De/ | +3,765 | 18,124 | $2,289,967 | |
| STWD | Starwood Property Trust, Inc. | +3,689 | 195,300 | $3,363,066 | |
| JBHT | Hunt J B Transport Services Inc | +3,615 | 12,447 | $2,637,519 | |
| BMY | Bristol Myers Squibb Co | +3,400 | 9,966 | $604,437 | |
| SCHW | Schwab Charles Corp | +3,246 | 8,897 | $836,140 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BXSL | Blackstone Secured Lending Fund | −130,283 | 11,990 | $284,043 | |
| RF | Regions Financial Corp | −82,074 | 53,835 | $1,406,170 | |
| AAPL | Apple Inc. | −16,334 | 123,320 | $31,297,382 | |
| BAC | Bank Of America Corp /De/ | −16,280 | 61,682 | $3,006,997 | |
| BX | Blackstone Inc. | −11,281 | 18,914 | $2,174,920 | |
| MTG | Mgic Investment Corp | −10,218 | 29,381 | $771,251 | |
| QCOM | Qualcomm Inc/De | −9,003 | 3,015 | $388,271 | |
| GEN | Gen Digital Inc. | −8,521 | 26,232 | $493,948 | |
| KTOS | Kratos Defense & Security Solutions, Inc. | −8,266 | 16,260 | $1,146,492 | |
| STX | Seagate Technology Holdings plc | −8,076 | 12,891 | $5,050,178 | |
| MNST | Monster Beverage Corp | −8,030 | 12,455 | $902,489 | |
| DVN | Devon Energy Corp/De | −5,884 | 4,529 | $227,899 | |
| NOW | ServiceNow, Inc. | −5,635 | 14,460 | $1,511,793 | |
| WFC | Wells Fargo & Company/Mn | −4,955 | 62,561 | $4,980,481 | |
| OUT | OUTFRONT Media Inc. | −4,347 | 103,916 | $2,753,774 | |
| URI | United Rentals, Inc. | −3,683 | 1,108 | $807,244 | |
| TJX | Tjx Companies Inc /De/ | −3,616 | 16,922 | $2,702,443 | |
| VZ | Verizon Communications Inc | −3,581 | 59,955 | $3,009,741 | |
| MSFT | Microsoft Corp | −3,132 | 42,638 | $15,783,308 | |
| UBER | Uber Technologies, Inc | −3,077 | 21,482 | $1,545,200 | |
| NEE | Nextera Energy Inc | −3,074 | 33,108 | $3,075,071 | |
| EMR | Emerson Electric Co | −2,901 | 14,094 | $1,846,595 | |
| CINF | Cincinnati Financial Corp | −2,713 | 12,362 | $1,945,160 | |
| MS | Morgan Stanley | −2,486 | 3,610 | $594,097 | |
| NEM | NEWMONT Corp /DE/ | −2,299 | 12,070 | $1,306,577 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| LYB | LyondellBasell Industries N.V. | 35,730 | $2,878,408 | |
| VICI | Vici Properties Inc. | 90,562 | $2,474,153 | |
| BTC | Grayscale Bitcoin Mini Trust ETF | 57,269 | $1,717,497 | |
| OUNZ | VanEck Merk Gold ETF | 29,118 | $1,311,765 | |
| WLFC | Willis Lease Finance Corp | 7,589 | $1,292,103 | |
| JBL | Jabil Inc | 4,848 | $1,287,774 | |
| LNG | Cheniere Energy, Inc. | 4,224 | $1,198,602 | |
| CW | Curtiss Wright Corp | 1,649 | $1,123,166 | |
| CRS | Carpenter Technology Corp | 1,981 | $780,811 | |
| USCI | United States Commodity Index Funds Trust | 8,028 | $765,228 | |
| CBRE | Cbre Group, Inc. | 5,323 | $721,053 | |
| DUK | Duke Energy CORP | 5,428 | $710,742 | |
| MLI | Mueller Industries Inc | 5,717 | $633,443 | |
| AR | ANTERO RESOURCES Corp | 12,934 | $548,918 | |
| STLD | Steel Dynamics Inc | 2,764 | $497,520 | |
| SLV | iShares Silver Trust | 7,142 | $486,655 | |
| AKAM | Akamai Technologies Inc | 4,213 | $483,863 | |
| EXP | Eagle Materials Inc | 2,507 | $474,951 | |
| MPT | Medical Properties Trust Inc | 101,054 | $467,880 | |
| MPC | Marathon Petroleum Corp | 1,864 | $455,151 | |
| TGT | Target Corp | 3,297 | $399,596 | |
| DELL | Dell Technologies Inc. | 2,410 | $395,553 | |
| GPN | Global Payments Inc | 5,849 | $393,637 | |
| AZO | Autozone Inc | 116 | $391,822 | |
| MRVL | Marvell Technology, Inc. | 3,849 | $381,243 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| VNO | Vornado Realty Trust | 57,389 | $1,909,905 | |
| LEN | Lennar Corp /New/ | 9,993 | $1,027,280 | |
| VLTO | Veralto Corp | 10,118 | $1,009,574 | |
| MAR | Marriott International Inc /Md/ | 1,370 | $425,028 | |
| EXC | Exelon Corp | 8,528 | $371,735 | |
| RBLX | Roblox Corp | 4,480 | $363,014 | |
| ELV | Elevance Health, Inc. | 922 | $323,207 | |
| IQV | Iqvia Holdings Inc. | 1,331 | $300,020 | |
| KKR | KKR & Co. Inc. | 2,312 | $294,733 | |
| HOOD | Robinhood Markets, Inc. | 2,602 | $294,286 | |
| TTWO | Take Two Interactive Software Inc | 1,114 | $285,217 | |
| HLT | Hilton Worldwide Holdings Inc. | 976 | $280,356 | |
| KEYS | Keysight Technologies, Inc. | 1,363 | $276,947 | |
| ADSK | Autodesk, Inc. | 919 | $272,033 | |
| DASH | DoorDash, Inc. | 1,182 | $267,699 | |
| TD | Toronto Dominion Bank | 2,788 | $262,629 | |
| HODL | VanEck Bitcoin ETF | 10,581 | $261,668 | |
| TEAM | Atlassian Corp | 1,551 | $251,479 | |
| CNC | Centene Corp | 6,089 | $250,562 | |
| ALNY | Alnylam Pharmaceuticals, Inc. | 605 | $240,578 | |
| MSCI | MSCI Inc. | 419 | $240,392 | |
| MELI | Mercadolibre Inc | 112 | $225,597 | |
| SA | Seabridge Gold Inc | 7,000 | $207,130 | |
| MC | Moelis & Co | 2,997 | $206,013 | |
| MEDP | Medpace Holdings, Inc. | 366 | $205,563 | |
| No positions match the current search. | ||||
31 positions ·
$38,929,828 total
· Healthcare 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 | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 23,463 | $5,735,295 | 14.73% | |
| DGX |
Quest Diagnostics Inc
Healthcare
|
Reduced | 24,819 | $4,864,027 | 12.49% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 21,054 | $4,579,034 | 11.76% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Reduced | 3,663 | $3,369,117 | 8.65% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Added | 27,070 | $3,256,250 | 8.36% | |
| CHE |
Chemed Corp
Healthcare
|
Added | 4,370 | $1,650,723 | 4.24% | |
| COR |
Cencora, Inc.
Healthcare
|
Reduced | 5,173 | $1,625,046 | 4.17% | |
| HCA |
HCA Healthcare, Inc.
Healthcare
|
Added | 3,189 | $1,509,162 | 3.88% | |
| VRTX |
Vertex Pharmaceuticals Inc / Ma
Healthcare
|
Reduced | 3,068 | $1,369,984 | 3.52% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Reduced | 2,333 | $1,146,739 | 2.95% | |
| PFE |
Pfizer Inc
Healthcare
|
Added | 34,043 | $955,927 | 2.46% | |
| ISRG |
Intuitive Surgical Inc
Healthcare
|
Reduced | 2,062 | $950,561 | 2.44% | |
| ABT |
Abbott Laboratories
Healthcare
|
Reduced | 6,268 | $643,535 | 1.65% | |
| CAH |
Cardinal Health Inc
Healthcare
|
Reduced | 2,971 | $627,802 | 1.61% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Added | 2,266 | $613,156 | 1.58% | |
| BMY |
Bristol Myers Squibb Co
Healthcare
|
Added | 9,966 | $604,437 | 1.55% | |
| SYK |
Stryker Corp
Healthcare
|
Added | 1,790 | $588,176 | 1.51% | |
| CVS |
CVS HEALTH Corp
Healthcare
|
Reduced | 7,945 | $570,609 | 1.47% | |
| GILD |
Gilead Sciences, Inc.
Healthcare
|
Reduced | 3,823 | $532,811 | 1.37% | |
| STE |
STERIS plc
Healthcare
|
Reduced | 2,164 | $478,525 | 1.23% | |
| AMGN |
Amgen Inc
Healthcare
|
Reduced | 1,188 | $417,997 | 1.07% | |
| WST |
West Pharmaceutical Services Inc
Healthcare
|
Reduced | 1,657 | $415,310 | 1.07% | |
| DHR |
Danaher Corp /De/
Healthcare
|
Reduced | 2,092 | $396,643 | 1.02% | |
| UTHR |
UNITED THERAPEUTICS Corp
Healthcare
|
Added | 570 | $337,998 | 0.87% | |
| REGN |
Regeneron Pharmaceuticals, Inc.
Healthcare
|
Reduced | 401 | $309,828 | 0.80% | |
| INCY |
Incyte Corp
Healthcare
|
Reduced | 3,230 | $304,007 | 0.78% | |
| MCK |
Mckesson Corp
Healthcare
|
NEW | 262 | $226,724 | 0.58% | |
| IDXX |
Idexx Laboratories Inc /De
Healthcare
|
Added | 392 | $220,260 | 0.57% | |
| MDT |
Medtronic plc
Healthcare
|
Reduced | 2,484 | $215,238 | 0.55% | |
| A |
Agilent Technologies, Inc.
Healthcare
|
NEW | 1,880 | $214,282 | 0.55% | |
| BDX |
Becton Dickinson & Co
Healthcare
|
NEW | 1,276 | $200,625 | 0.52% |