Nebula Research & Development LLC
Filing Date
Global Rank
#1,550
/ 7,991
▼ 1
Top Industry
Software - Application
5.3%
3Y Alpha vs SPY
-5.4%
Period ended 12 months ago
Filed Aug 14, 2025 · 10mo
10 quarters · since Mar 2023
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
+55.3%
SPY
+78.1%
Annualised alpha
-5.4%
Max drawdown
−20.5%
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
910 positions · as of Jun 30, 2025 · Δ vs Mar 31, 2025Top Position
0.5%
−0.0 pts
Top 5
2.3%
−0.1 pts
Top 10
4.5%
−0.1 pts
HHI
21
Diversified−1
Portfolio Trend
10 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 18.3% | $211,779,164 |
| Industrials | 16.1% | $186,454,351 |
| Consumer Cyclical | 15.1% | $174,401,573 |
| Financial Services | 11.7% | $135,109,529 |
| Healthcare | 11.7% | $134,824,008 |
| Consumer Defensive | 5.6% | $64,550,479 |
| Communication Services | 5.1% | $58,559,932 |
| Real Estate | 5.0% | $57,407,947 |
| Basic Materials | 5.0% | $57,322,405 |
| Energy | 4.0% | $46,539,197 |
| Utilities | 2.5% | $29,111,275 |
| Unclassified | 0.1% | $748,615 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| KSS | KOHLS Corp | +275,484 | 371,141 | $3,147,275 | |
| NFE | New Fortress Energy Inc. | +226,227 | 354,858 | $1,178,128 | |
| UWMC | UWM Holdings Corp | +195,193 | 365,358 | $1,512,582 | |
| DEI | Douglas Emmett Inc | +156,738 | 199,291 | $2,997,336 | |
| WRBY | Warby Parker Inc. | +150,805 | 238,412 | $5,228,375 | |
| CWH | Camping World Holdings, Inc. | +147,720 | 290,739 | $4,997,803 | |
| TROX | Tronox Holdings plc | +117,840 | 194,558 | $986,409 | |
| KGC | Kinross Gold Corp | +102,486 | 126,372 | $1,975,194 | |
| PEB | Pebblebrook Hotel Trust | +96,608 | 195,799 | $1,956,032 | |
| AG | First Majestic Silver Corp | +82,637 | 125,659 | $1,039,199 | |
| BGC | BGC Group, Inc. | +82,360 | 169,341 | $1,732,358 | |
| NEXT | NextDecade Corp | +79,210 | 121,135 | $1,079,312 | |
| VSAT | Viasat Inc | +74,207 | 174,934 | $2,554,036 | |
| CODI | Compass Diversified Holdings | +74,030 | 86,370 | $542,403 | |
| CLF | Cleveland-Cliffs Inc. | +72,354 | 299,375 | $2,275,250 | |
| RELY | Remitly Global, Inc. | +67,077 | 185,433 | $3,480,577 | |
| AMRX | Amneal Pharmaceuticals, Inc. | +65,236 | 121,599 | $983,735 | |
| KURA | Kura Oncology, Inc. | +64,460 | 121,884 | $703,270 | |
| AOS | Smith A O Corp | +62,771 | 67,510 | $4,426,630 | |
| CPRI | Capri Holdings Ltd | +61,755 | 75,000 | $1,327,500 | |
| GPRE | Green Plains Inc. | +59,274 | 143,209 | $863,550 | |
| OS | OneStream, Inc. | +55,306 | 83,315 | $2,357,814 | |
| VNO | Vornado Realty Trust | +52,050 | 79,499 | $3,040,041 | |
| UPST | Upstart Holdings, Inc. | +51,749 | 60,689 | $3,925,364 | |
| RES | Rpc Inc | +51,233 | 89,243 | $422,119 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| FRSH | Freshworks Inc. | −186,882 | 41,723 | $622,089 | |
| GRAB | Grab Holdings Ltd | −183,510 | 393,485 | $1,979,229 | |
| CNNE | Cannae Holdings, Inc. | −92,139 | 31,066 | $647,726 | |
| LTH | Life Time Group Holdings, Inc. | −86,542 | 19,346 | $586,764 | |
| HTZ | Hertz Global Holdings, Inc | −82,275 | 102,857 | $702,513 | |
| BDN | Brandywine Realty Trust | −76,716 | 104,034 | $446,305 | |
| COMP | Compass, Inc. | −72,454 | 102,200 | $641,816 | |
| PLTK | Playtika Holding Corp. | −70,079 | 31,048 | $146,857 | |
| NWSA | News Corp | −69,225 | 45,410 | $1,349,585 | |
| ELME | Elme Communities | −69,027 | 18,229 | $289,841 | |
| SHOO | Steven Madden, Ltd. | −67,528 | 9,149 | $219,393 | |
| DX | Dynex Capital Inc | −56,338 | 23,472 | $286,827 | |
| RC | Ready Capital Corp | −54,605 | 93,402 | $408,166 | |
| CWAN | Clearwater Analytics Holdings, Inc. | −52,550 | 23,684 | $519,390 | |
| TU | Telus Corp | −51,788 | 89,904 | $1,443,858 | |
| WT | WisdomTree, Inc. | −46,758 | 94,374 | $1,086,244 | |
| ESI | Element Solutions Inc | −46,614 | 26,761 | $606,136 | |
| CMCO | Columbus Mckinnon Corp | −46,062 | 51,209 | $781,961 | |
| SNDX | Syndax Pharmaceuticals Inc | −45,327 | 27,231 | $255,018 | |
| PLGO | Pelagos Insurance Capital Ltd | −45,263 | 64,581 | $1,070,752 | |
| CAKE | Cheesecake Factory Inc | −42,660 | 31,533 | $1,975,857 | |
| CRGY | Crescent Energy Co | −42,598 | 44,802 | $385,297 | |
| RBLX | Roblox Corp | −42,010 | 38,969 | $4,099,538 | |
| VSTS | Vestis Corp | −37,378 | 52,033 | $298,149 | |
| A | Agilent Technologies, Inc. | −37,186 | 1,952 | $230,355 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| LRN | Stride, Inc. | 35,744 | $5,189,671 | |
| FDX | Fedex Corp | 21,311 | $4,844,203 | |
| NRG | Nrg Energy, Inc. | 30,002 | $4,817,721 | |
| AAL | American Airlines Group Inc. | 428,752 | $4,810,597 | |
| QSR | Restaurant Brands International Inc. | 69,833 | $4,629,229 | |
| LKQ | Lkq Corp | 115,491 | $4,274,321 | |
| F | Ford Motor Co | 388,399 | $4,214,129 | |
| TEM | Tempus AI, Inc. | 63,639 | $4,043,622 | |
| TTAN | ServiceTitan, Inc. | 37,266 | $3,994,169 | |
| HD | Home Depot, Inc. | 10,737 | $3,936,613 | |
| AFRM | Affirm Holdings, Inc. | 52,871 | $3,655,500 | |
| INTU | Intuit Inc. | 4,633 | $3,649,089 | |
| KRMN | Karman Holdings Inc. | 69,317 | $3,491,497 | |
| PGR | Progressive Corp/Oh/ | 12,861 | $3,432,086 | |
| GAP | Gap Inc | 153,007 | $3,337,082 | |
| LULU | lululemon athletica inc. | 13,996 | $3,325,169 | |
| STE | STERIS plc | 13,829 | $3,322,002 | |
| BDX | Becton Dickinson & Co | 23,802 | $3,223,188 | |
| XOM | Exxon Mobil Corp | 28,269 | $3,047,398 | |
| CMI | Cummins Inc | 9,198 | $3,012,345 | |
| WHR | Whirlpool Corp /De/ | 29,671 | $3,009,232 | |
| ONON | On Holding AG | 52,710 | $2,743,555 | |
| TOST | Toast, Inc. | 59,690 | $2,643,670 | |
| LIF | Life360, Inc. | 40,036 | $2,612,349 | |
| BCRX | Biocryst Pharmaceuticals Inc | 286,509 | $2,567,120 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| UPS | United Parcel Service Inc | 43,823 | $4,820,091 | |
| ICE | Intercontinental Exchange, Inc. | 26,979 | $4,653,877 | |
| AZO | Autozone Inc | 1,195 | $4,556,272 | |
| GDDY | GoDaddy Inc. | 24,683 | $4,446,395 | |
| EXC | Exelon Corp | 89,246 | $4,112,455 | |
| TPR | Tapestry, Inc. | 54,620 | $3,845,794 | |
| ARCC | Ares Capital Corp | 167,272 | $3,706,747 | |
| DUOL | Duolingo, Inc. | 11,725 | $3,641,081 | |
| GPC | Genuine Parts Co | 30,231 | $3,601,721 | |
| NI | Nisource Inc. | 83,842 | $3,361,225 | |
| FERG | Ferguson Enterprises Inc. /DE/ | 20,261 | $3,246,420 | |
| AON | Aon plc | 8,003 | $3,193,917 | |
| EIX | Edison International | 52,666 | $3,103,080 | |
| HESM | Hess Midstream LP | 72,160 | $3,051,646 | |
| SN | SharkNinja, Inc. | 34,708 | $2,894,994 | |
| WFC | Wells Fargo & Company/Mn | 39,741 | $2,853,006 | |
| FLUT | Flutter Entertainment plc | 12,316 | $2,728,609 | |
| PKG | Packaging Corp Of America | 13,541 | $2,681,388 | |
| PAYX | Paychex Inc | 17,021 | $2,625,999 | |
| C | Citigroup Inc | 36,965 | $2,624,145 | |
| RIVN | Rivian Automotive, Inc. / DE | 209,728 | $2,611,113 | |
| GE | General Electric Co | 12,881 | $2,578,132 | |
| URI | United Rentals, Inc. | 4,005 | $2,509,933 | |
| SU | Suncor Energy Inc | 61,929 | $2,397,890 | |
| PG | PROCTER & GAMBLE Co | 13,369 | $2,278,344 | |
| No positions match the current search. | ||||
102 positions ·
$135,109,529 total
· Financial Services only
· as of Jun 30, 2025
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 102 positions by value
· page 1 of 3
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| GDOT |
Green Dot Corp
Financial Services
|
Reduced | 18,544 | $199,904 | 0.15% | |
| PWP |
Perella Weinberg Partners
Financial Services
|
Reduced | 11,029 | $214,183 | 0.16% | |
| LC |
LendingClub Corp
Financial Services
|
Reduced | 21,226 | $255,348 | 0.19% | |
| TRUP |
Trupanion, Inc.
Financial Services
|
NEW | 4,810 | $266,233 | 0.20% | |
| ETOR |
eToro Group Ltd.
Financial Services
|
NEW | 4,086 | $272,086 | 0.20% | |
| NU |
Nu Holdings Ltd.
Financial Services
|
Added | 19,937 | $273,535 | 0.20% | |
| SKWD |
Skyward Specialty Insurance Group, Inc.
Financial Services
|
NEW | 4,760 | $275,080 | 0.20% | |
| GNW |
Genworth Financial Inc
Financial Services
|
Added | 38,074 | $296,215 | 0.22% | |
| SLM |
SLM Corp
Financial Services
|
NEW | 9,630 | $315,767 | 0.23% | |
| DHIL |
DIAMOND HILL INVESTMENT GROUP INC
Financial Services
|
Reduced | 2,302 | $334,503 | 0.25% | |
| PLMR |
Palomar Holdings, Inc.
Financial Services
|
Reduced | 2,171 | $334,876 | 0.25% | |
| NAVI |
Navient Corp
Financial Services
|
Reduced | 24,275 | $342,277 | 0.25% | |
| HRTG |
Heritage Insurance Holdings, Inc.
Financial Services
|
Reduced | 13,939 | $347,638 | 0.26% | |
| UCB |
United Community Banks Inc
Financial Services
|
NEW | 11,893 | $354,292 | 0.26% | |
| BAP |
Credicorp Ltd
Financial Services
|
NEW | 1,588 | $354,949 | 0.26% | |
| UNM |
Unum Group
Financial Services
|
NEW | 4,437 | $358,332 | 0.27% | |
| SYF |
Synchrony Financial
Financial Services
|
NEW | 5,463 | $364,600 | 0.27% | |
| RY |
Royal Bank Of Canada
Financial Services
|
NEW | 2,820 | $370,971 | 0.27% | |
| DBRG |
DigitalBridge Group, Inc.
Financial Services
|
Added | 39,082 | $404,498 | 0.30% | |
| AXS |
Axis Capital Holdings Ltd
Financial Services
|
Reduced | 3,976 | $412,788 | 0.31% | |
| MTG |
Mgic Investment Corp
Financial Services
|
Reduced | 14,891 | $414,565 | 0.31% | |
| FSK |
FS KKR Capital Corp
Financial Services
|
Added | 20,236 | $419,897 | 0.31% | |
| UVE |
Universal Insurance Holdings, Inc.
Financial Services
|
NEW | 15,616 | $433,031 | 0.32% | |
| MSDL |
Morgan Stanley Direct Lending Fund
Financial Services
|
NEW | 23,422 | $438,459 | 0.32% | |
| SAFT |
Safety Insurance Group Inc
Financial Services
|
Added | 5,593 | $444,028 | 0.33% | |
| MORN |
Morningstar, Inc.
Financial Services
|
Reduced | 1,448 | $454,570 | 0.34% | |
| BXSL |
Blackstone Secured Lending Fund
Financial Services
|
NEW | 14,798 | $455,038 | 0.34% | |
| ENVA |
Enova International, Inc.
Financial Services
|
Added | 4,742 | $528,827 | 0.39% | |
| BLK |
BlackRock, Inc.
Financial Services
|
NEW | 522 | $547,708 | 0.41% | |
| SCHW |
Schwab Charles Corp
Financial Services
|
NEW | 6,045 | $551,545 | 0.41% | |
| CBOE |
Cboe Global Markets, Inc.
Financial Services
|
NEW | 2,401 | $559,937 | 0.41% | |
| CM |
Canadian Imperial Bank Of Commerce /Can/
Financial Services
|
NEW | 8,041 | $569,544 | 0.42% | |
| CSWC |
Capital Southwest Corp
Financial Services
|
NEW | 25,907 | $570,990 | 0.42% | |
| PFLT |
PennantPark Floating Rate Capital Ltd.
Financial Services
|
Added | 56,045 | $578,944 | 0.43% | |
| XP |
XP Inc.
Financial Services
|
NEW | 29,019 | $586,183 | 0.43% | |
| BMO |
Bank Of Montreal /Can/
Financial Services
|
Added | 5,423 | $599,946 | 0.44% | |
| EZPW |
Ezcorp Inc
Financial Services
|
Added | 47,691 | $661,951 | 0.49% | |
| AGO |
Assured Guaranty Ltd
Financial Services
|
NEW | 7,886 | $686,870 | 0.51% | |
| USB |
US Bancorp De
Financial Services
|
NEW | 15,489 | $700,877 | 0.52% | |
| TW |
Tradeweb Markets Inc.
Financial Services
|
NEW | 4,820 | $705,648 | 0.52% | |
| APO |
Apollo Global Management, Inc.
Financial Services
|
NEW | 5,087 | $721,692 | 0.53% | |
| OSG |
Octave Specialty Group Inc
Financial Services
|
Added | 107,124 | $760,580 | 0.56% | |
| AAMI |
Acadian Asset Management Inc.
Financial Services
|
Reduced | 22,121 | $779,544 | 0.58% | |
| EIG |
Employers Holdings, Inc.
Financial Services
|
Reduced | 16,553 | $780,970 | 0.58% | |
| RKT |
Rocket Companies, Inc.
Financial Services
|
Added | 56,937 | $807,366 | 0.60% | |
| PAX |
Patria Investments Ltd
Financial Services
|
Reduced | 57,554 | $809,209 | 0.60% | |
| GCMG |
GCM Grosvenor Inc.
Financial Services
|
Added | 73,888 | $854,145 | 0.63% | |
| ACGL |
Arch Capital Group Ltd.
Financial Services
|
NEW | 9,382 | $854,231 | 0.63% | |
| FAF |
First American Financial Corp
Financial Services
|
Added | 14,133 | $867,624 | 0.64% | |
| NTB |
Bank of N.T. Butterfield & Son Ltd
Financial Services
|
Added | 20,615 | $912,832 | 0.68% |