Builders Union LLP
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 Dec 31, 2022, never from the firm's own description.
Closest benchmark: the Nasdaq-100 as of 2022-12-31, active share 99.6%; sector active share 70.5% against the combined 13F book's sector weights.
Over time 9 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
11 tracked positions · as of Dec 31, 2022 · Δ vs Sep 30, 2022Portfolio Trend
Sector Breakdown
As of Dec 31, 2022| Sector | % Portfolio | Value |
|---|---|---|
| Communication Services | 53.0% | $52,680,535 |
| Consumer Cyclical | 31.5% | $31,325,844 |
| Technology | 15.4% | $15,340,944 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedTrimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| GENI | Genius Sports Ltd | −151,900 | 800,000 | $2,856,000 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterSold Out
Positions the filer fully exited| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| LULU |
lululemon athletica inc.
Consumer Cyclical
|
Held | 52,720 | $16,890,433 | 17.00% | |
| STNE |
StoneCo Ltd.
Technology
|
Held | 1,625,100 | $15,340,944 | 15.44% | |
| MGNI |
Magnite, Inc.
Communication Services
|
Held | 1,169,700 | $12,387,123 | 12.47% | |
| FVRR |
Fiverr International Ltd.
Communication Services
|
Held | 387,900 | $11,303,406 | 11.38% | |
| MTCH |
Match Group, Inc.
Communication Services
|
Held | 270,225 | $11,211,635 | 11.29% | |
| SNAP |
Snap Inc
Communication Services
|
Held | 1,206,000 | $10,793,700 | 10.86% | |
| PLBY |
Playboy, Inc.
Consumer Cyclical
|
Held | 3,637,007 | $10,001,769 | 10.07% | |
| FUBO |
FuboTV Inc.
Communication Services
|
Held | 2,372,800 | $4,128,671 | 4.16% | |
| REAL |
TheRealReal, Inc.
Consumer Cyclical
|
Held | 2,776,000 | $3,470,000 | 3.49% | |
| GENI |
Genius Sports Ltd
Communication Services
|
Reduced | 800,000 | $2,856,000 | 2.87% | |
| CVNA |
Carvana Co.
Consumer Cyclical
|
Held | 203,300 | $963,642 | 0.97% |
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.