Systrade AG

CIK

1818160

Location

VADUZ, N2

Portfolio Value

Small $148,933,344

Diversification

Moderately concentrated

Filing Date

Global Rank

#4,522 / 8,232 ▲ 41

Top Industry

Coking Coal 38.6%

3Y Alpha vs SPY

+13.6%

Period ended 2 months ago

Filed Apr 8, 2026 · 2mo

14 quarters · since Dec 2022

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+142.9%

SPY

+76.3%

Annualised alpha

+13.6%

Max drawdown

−52.6%

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

11 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

38.6%

+4.3 pts

Top 5

93.7%

+6.6 pts

Top 10

99.8%

+2.0 pts

HHI

2,409

Moderately concentrated+374

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Basic Materials	40.5%	$60,248,100	2
Financial Services	40.4%	$60,145,561	3
Industrials	10.3%	$15,338,000	2
Healthcare	7.3%	$10,888,300	2
Real Estate	1.3%	$1,941,633	1
Consumer Cyclical	0.2%	$371,750	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
CRESY	Cresud Inc	+35,007	1,100,000	$13,992,000
UBS	UBS Group AG	+2,300	627,300	$24,508,611
No positions match the current search.

Trimmed

Positions the filer reduced

No qualifying positions this quarter.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
AMZN	Amazon Com Inc	33,900	$7,824,798
YPF	Ypf Sociedad Anonima	50,000	$1,808,000
TGS	Gas Transporter Of The South Inc	25,000	$777,250
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

11 positions · $148,933,344 total · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Financial Services Healthcare Industrials Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AMR	Alpha Metallurgical Resources, Inc. Basic Materials	Held	280,000	0	$57,475,600	+2.7%	38.59%
IBKR	Interactive Brokers Group, Inc. Financial Services	Held	500,000	0	$33,535,000	+4.3%	22.52%
UBS	UBS Group AG Financial Services	Added	627,300	+2,300	$24,508,611	−15.3%	16.46%
CRESY	Cresud Inc Industrials	Added	1,100,000	+35,007	$13,992,000	+4.0%	9.39%
NTRA	Natera, Inc. Healthcare	Held	50,000	0	$9,999,500	−12.7%	6.71%
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima Basic Materials	Held	250,000	0	$2,772,500	−14.4%	1.86%
GGAL	Grupo Financiero Galicia SA Financial Services	Held	45,000	0	$2,101,950	−13.4%	1.41%
IRS	Irsa Investments & Representations Inc Real Estate	Held	119,780	0	$1,941,633	−2.0%	1.30%
GPN	Global Payments Inc Industrials	Held	20,000	0	$1,346,000	−13.0%	0.90%
BNTX	BioNTech SE Healthcare	Held	10,000	0	$888,800	−6.6%	0.60%
TSLA	Tesla, Inc. Consumer Cyclical	Held	1,000	0	$371,750	−17.3%	0.25%