Nebula Research & Development LLC
Filing Date
Global Rank
#1,550
/ 7,991
▼ 1
Top Industry
Software - Application
5.3%
3Y Alpha vs SPY
-5.5%
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
+54.3%
SPY
+77.5%
Annualised alpha
-5.5%
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 |
|---|---|---|---|---|---|---|
| ALL |
Allstate Corp
Financial Services
|
Added | 26,018 | $5,237,683 | 3.88% | |
| JEF |
Jefferies Financial Group Inc.
Financial Services
|
Added | 92,285 | $5,047,066 | 3.74% | |
| SEIC |
Sei Investments Co
Financial Services
|
Added | 47,985 | $4,311,932 | 3.19% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 11,314 | $4,017,035 | 2.97% | |
| NDAQ |
Nasdaq, Inc.
Financial Services
|
Added | 44,315 | $3,962,647 | 2.93% | |
| FHI |
Federated Hermes, Inc.
Financial Services
|
Added | 88,828 | $3,936,856 | 2.91% | |
| UPST |
Upstart Holdings, Inc.
Financial Services
|
Added | 60,689 | $3,925,364 | 2.91% | |
| AFRM |
Affirm Holdings, Inc.
Financial Services
|
NEW | 52,871 | $3,655,500 | 2.71% | |
| ORI |
Old Republic International Corp
Financial Services
|
Added | 91,375 | $3,512,455 | 2.60% | |
| PGR |
Progressive Corp/Oh/
Financial Services
|
NEW | 12,861 | $3,432,086 | 2.54% | |
| UBS |
UBS Group AG
Financial Services
|
Added | 98,175 | $3,320,278 | 2.46% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 5,680 | $3,191,819 | 2.36% | |
| FCFS |
FirstCash Holdings, Inc.
Financial Services
|
Added | 23,475 | $3,172,411 | 2.35% | |
| STT |
State Street Corp
Financial Services
|
Reduced | 29,546 | $3,141,921 | 2.33% | |
| MSCI |
MSCI Inc.
Financial Services
|
Added | 5,248 | $3,026,731 | 2.24% | |
| JHG |
Janus Henderson Group PLC
Financial Services
|
Reduced | 68,419 | $2,657,393 | 1.97% | |
| PRI |
Primerica, Inc.
Financial Services
|
Added | 9,688 | $2,651,314 | 1.96% | |
| VCTR |
Victory Capital Holdings, Inc.
Financial Services
|
Added | 37,869 | $2,411,119 | 1.78% | |
| MRSH |
Marsh & Mclennan Companies, Inc.
Financial Services
|
NEW | 9,651 | $2,110,094 | 1.56% | |
| NMIH |
NMI Holdings, Inc.
Financial Services
|
Reduced | 49,767 | $2,099,669 | 1.55% | |
| CRVL |
Corvel Corp
Financial Services
|
Added | 19,333 | $1,987,045 | 1.47% | |
| ACT |
Enact Holdings, Inc.
Financial Services
|
Added | 49,798 | $1,849,995 | 1.37% | |
| BGC |
BGC Group, Inc.
Financial Services
|
Added | 169,341 | $1,732,358 | 1.28% | |
| MET |
Metlife Inc
Financial Services
|
NEW | 20,939 | $1,683,914 | 1.25% | |
| HLI |
Houlihan Lokey, Inc.
Financial Services
|
Added | 9,273 | $1,668,676 | 1.24% | |
| EG |
Everest Group, Ltd.
Financial Services
|
Added | 4,858 | $1,650,991 | 1.22% | |
| ESNT |
Essent Group Ltd.
Financial Services
|
Added | 25,736 | $1,562,947 | 1.16% | |
| UWMC |
UWM Holdings Corp
Financial Services
|
Added | 365,358 | $1,512,582 | 1.12% | |
| OMF |
OneMain Holdings, Inc.
Financial Services
|
Reduced | 24,857 | $1,416,849 | 1.05% | |
| TROW |
Price T Rowe Group Inc
Financial Services
|
Reduced | 14,633 | $1,412,084 | 1.05% | |
| BAC |
Bank Of America Corp /De/
Financial Services
|
NEW | 29,503 | $1,396,081 | 1.03% | |
| SEZL |
Sezzle Inc.
Financial Services
|
Reduced | 7,734 | $1,386,319 | 1.03% | |
| HOOD |
Robinhood Markets, Inc.
Financial Services
|
NEW | 14,057 | $1,316,156 | 0.97% | |
| RYAN |
Ryan Specialty Holdings, Inc.
Financial Services
|
Added | 18,354 | $1,247,888 | 0.92% | |
| PFG |
Principal Financial Group Inc
Financial Services
|
Reduced | 15,414 | $1,224,334 | 0.91% | |
| IVZ |
Invesco Ltd.
Financial Services
|
Added | 74,813 | $1,179,801 | 0.87% | |
| VOYA |
Voya Financial, Inc.
Financial Services
|
Reduced | 16,507 | $1,171,997 | 0.87% | |
| TD |
Toronto Dominion Bank
Financial Services
|
NEW | 15,669 | $1,150,888 | 0.85% | |
| HG |
Hamilton Insurance Group, Ltd.
Financial Services
|
Added | 52,810 | $1,141,752 | 0.85% | |
| BX |
Blackstone Inc.
Financial Services
|
NEW | 7,515 | $1,124,093 | 0.83% | |
| WT |
WisdomTree, Inc.
Financial Services
|
Reduced | 94,374 | $1,086,244 | 0.80% | |
| PLGO |
Pelagos Insurance Capital Ltd
Financial Services
|
Reduced | 64,581 | $1,070,752 | 0.79% | |
| CNS |
Cohen & Steers, Inc.
Financial Services
|
Reduced | 14,140 | $1,065,449 | 0.79% | |
| TREE |
LendingTree, Inc.
Financial Services
|
Added | 28,501 | $1,056,532 | 0.78% | |
| BPOP |
Popular, Inc.
Financial Services
|
Added | 9,579 | $1,055,701 | 0.78% | |
| CME |
Cme Group Inc.
Financial Services
|
NEW | 3,599 | $991,956 | 0.73% | |
| AMSF |
Amerisafe Inc
Financial Services
|
Added | 22,540 | $985,674 | 0.73% | |
| ALLY |
Ally Financial Inc.
Financial Services
|
Reduced | 25,058 | $976,009 | 0.72% | |
| VRTS |
Virtus Investment Partners, Inc.
Financial Services
|
Reduced | 5,306 | $962,508 | 0.71% | |
| APAM |
Artisan Partners Asset Management Inc.
Financial Services
|
NEW | 21,609 | $957,926 | 0.71% |