Teramo Advisors, LLC
CIK
1904821
Location
Naples, FL
Portfolio Value
Small
$279,646,200
Diversification
Highly concentrated
Filing Date
Global Rank
#3,213
/ 8,232
▲ 126
3Y Alpha vs SPY
-2.4%
Period ended 2 months ago
Filed May 13, 2026 · 32d
18 quarters · since Dec 2021
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
+66.0%
SPY
+76.3%
Annualised alpha
-2.4%
Max drawdown
−18.8%
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
1 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
100.0%
+0.7 pts
Top 5
100.0%
+0.2 pts
Top 10
100.0%
0.0 pts
HHI
10,000
Highly concentrated+138
Portfolio Trend
18 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 100.0% | $279,646,200 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SPY | Spdr S&P 500 ETF Trust | +5,000 | 430,000 | $279,646,200 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reducedNo qualifying positions this quarter.
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exited
7 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| GOOGL | Alphabet Inc. | 2,220 | $694,860 | |
| AAPL | Apple Inc. | 967 | $262,888 | |
| PM | Philip Morris International Inc. | 1,360 | $218,144 | |
| SPGI | S&P Global Inc. | 414 | $216,352 | |
| FE | Firstenergy Corp | 4,800 | $214,896 | |
| CRM | Salesforce, Inc. | 786 | $208,219 | |
| V | Visa Inc. | 591 | $207,269 | |
| No positions match the current search. | ||||
1 positions ·
$279,646,200 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 430,000 | $279,646,200 | 100.00% |