Saraza Management, LP

CIK

1894188

Location

NEW YORK, NY

Portfolio Value

Small $238,614,480

Diversification

Diversified

Filing Date

Global Rank

#3,521 / 8,232 ▲ 47

Top Industry

Semiconductors 16.5%

3Y Alpha vs SPY

-8.6%

Period ended 2 months ago

Filed May 14, 2026 · 31d

18 quarters · since Dec 2021

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

+42.4%

SPY

+76.3%

Annualised alpha

-8.3%

Max drawdown

−20.6%

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

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

Top Position

8.5%

−0.6 pts

Top 5

37.1%

−5.1 pts

Top 10

66.5%

−7.6 pts

HHI

582

Diversified−116

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	43.2%	$103,181,084	7
Technology	30.7%	$73,280,410	8
Industrials	12.1%	$28,886,818	2
Consumer Cyclical	11.3%	$26,881,934	2
Basic Materials	2.7%	$6,384,234	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
NU	Nu Holdings Ltd.	+73,500	940,000	$13,507,800
COF	Capital One Financial Corp	+17,300	86,300	$15,743,709
V	Visa Inc.	+50	66,850	$20,204,744
No positions match the current search.

Trimmed

Positions the filer reduced

10 positions

Ticker	Company	Δ Shares	Shares	Value
JCI	Johnson Controls International plc	−21,100	99,400	$13,016,430
AMZN	Amazon Com Inc	−16,000	73,000	$15,203,710
MSFT	Microsoft Corp	−10,725	34,025	$12,595,034
APH	Amphenol Corp /De/	−7,850	105,150	$13,285,702
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−7,375	44,875	$15,165,506
AON	Aon plc	−7,375	57,325	$18,503,363
BN	BROOKFIELD Corp /ON/	−7,000	451,500	$18,272,205
LPLA	LPL Financial Holdings Inc.	−6,800	34,600	$10,408,718
WCN	Waste Connections, Inc.	−2,050	97,700	$15,870,388
INTU	Intuit Inc.	−525	16,725	$7,231,555
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
CPNG	Coupang, Inc.	618,550	$11,678,224
ADI	Analog Devices Inc	29,575	$9,408,990
NVDA	Nvidia Corp	46,550	$8,118,320
SITM	SITIME Corp	19,250	$6,647,987
ARES	Ares Management Corp	59,950	$6,540,545
MLM	Martin Marietta Materials Inc	10,845	$6,384,234
NOK	Nokia Corp	102,900	$827,316
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
DHR	Danaher Corp /De/	75,250	$17,226,230
ATI	Ati Inc	102,500	$11,762,900
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

20 positions · $238,614,480 total · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Financial Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
V	Visa Inc. Financial Services	Added	66,850	+50	$20,204,744	−13.8%	8.47%
AON	Aon plc Financial Services	Reduced	57,325	-7,375	$18,503,363	−19.0%	7.75%
BN	BROOKFIELD Corp /ON/ Financial Services	Reduced	451,500	-7,000	$18,272,205	−13.2%	7.66%
WCN	Waste Connections, Inc. Industrials	Reduced	97,700	-2,050	$15,870,388	−9.3%	6.65%
COF	Capital One Financial Corp Financial Services	Added	86,300	+17,300	$15,743,709	−5.9%	6.60%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	73,000	-16,000	$15,203,710	−26.0%	6.37%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	44,875	-7,375	$15,165,506	−4.5%	6.36%
NU	Nu Holdings Ltd. Financial Services	Added	940,000	+73,500	$13,507,800	−6.9%	5.66%
APH	Amphenol Corp /De/ Technology	Reduced	105,150	-7,850	$13,285,702	−13.0%	5.57%
JCI	Johnson Controls International plc Industrials	Reduced	99,400	-21,100	$13,016,430	−9.8%	5.46%
MSFT	Microsoft Corp Technology	Reduced	34,025	-10,725	$12,595,034	−41.8%	5.28%
CPNG	Coupang, Inc. Consumer Cyclical	NEW	618,550	NEW	$11,678,224	NEW	4.89%
LPLA	LPL Financial Holdings Inc. Financial Services	Reduced	34,600	-6,800	$10,408,718	−29.6%	4.36%
ADI	Analog Devices Inc Technology	NEW	29,575	NEW	$9,408,990	NEW	3.94%
NVDA	Nvidia Corp Technology	NEW	46,550	NEW	$8,118,320	NEW	3.40%
INTU	Intuit Inc. Technology	Reduced	16,725	-525	$7,231,555	−36.7%	3.03%
SITM	SITIME Corp Technology	NEW	19,250	NEW	$6,647,987	NEW	2.79%
ARES	Ares Management Corp Financial Services	NEW	59,950	NEW	$6,540,545	NEW	2.74%
MLM	Martin Marietta Materials Inc Basic Materials	NEW	10,845	NEW	$6,384,234	NEW	2.68%
NOK	Nokia Corp Technology	NEW	102,900	NEW	$827,316	NEW	0.35%