Builders Union Fund 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 Mar 31, 2021, never from the firm's own description.
Closest benchmark: the Nasdaq-100 as of 2021-03-31, active share 97.0%; sector active share 56.9% against the combined 13F book's sector weights.
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
8 tracked positions · as of Mar 31, 2021Sector Breakdown
As of Mar 31, 2021| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 30.0% | $43,463,629 |
| Communication Services | 28.6% | $41,436,335 |
| Financial Services | 26.1% | $37,821,844 |
| Technology | 15.4% | $22,254,961 |
| Unclassified | 0.0% | $0 |
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| PYPL |
PayPal Holdings, Inc.
Financial Services
|
First | 155,748 | $37,821,844 | 26.09% | |
| SE |
Sea Ltd
Consumer Cyclical
|
First | 133,000 | $29,689,590 | 20.48% | |
| MTCH |
Match Group, Inc.
Communication Services
|
First | 157,210 | $21,597,509 | 14.90% | |
| SNAP |
Snap Inc
Communication Services
|
First | 379,400 | $19,838,826 | 13.68% | |
| LULU |
lululemon athletica inc.
Consumer Cyclical
|
First | 44,909 | $13,774,039 | 9.50% | |
| U |
Unity Software Inc.
Technology
|
First | 128,100 | $12,849,711 | 8.86% | |
| SHOP |
Shopify Inc.
Technology
|
First | 8,500 | $9,405,250 | 6.49% | |
| IWM |
iShares Russell 2000 ETF
|
First | 400,000 | $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.