Noble Path Asset Management LP
CIK
1911025
Location
NEW YORK, NY
Portfolio Value
Micro
$11,935,100
Diversification
Moderately concentrated
Filing Date
Global Rank
#6,414
/ 6,871
▼ 1672
Top Industry
Aerospace & Defense
37.4%
3Y Alpha vs SPY
-11.8%
Period ended 3 years ago
Filed May 12, 2023 · 3y
6 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
+29.4%
SPY
+76.3%
Annualised alpha
-11.8%
Max drawdown
−29.1%
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
7 positions · as of Mar 31, 2023 · Δ vs Dec 31, 2022Top Position
30.0%
+19.5 pts
Top 5
90.5%
+48.5 pts
Top 10
100.0%
+30.8 pts
HHI
2,061
Moderately concentrated+1,432
Portfolio Trend
6 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Industrials | 36.0% | $4,290,957 |
| Financial Services | 27.7% | $3,301,767 |
| Unclassified | 19.8% | $2,362,327 |
| Communication Services | 10.9% | $1,305,276 |
| Technology | 5.7% | $674,773 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
Trimmed
Positions the filer reduced
7 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TW | Tradeweb Markets Inc. | −58,776 | 5,865 | $463,452 | |
| WAB | Westinghouse Air Brake Technologies Corp | −46,200 | 7,000 | $707,420 | |
| V | Visa Inc. | −19,861 | 12,589 | $2,838,315 | |
| FISV | Fiserv Inc | −18,100 | 20,900 | $2,362,327 | |
| TDG | TransDigm Group INC | −8,188 | 4,862 | $3,583,537 | |
| NOW | ServiceNow, Inc. | −4,470 | 7,260 | $674,773 | |
| CHTR | Charter Communications, Inc. /Mo/ | −200 | 3,650 | $1,305,276 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exited
12 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| WTW | Willis Towers Watson PLC | 27,000 | $6,603,660 | |
| SPGI | S&P Global Inc. | 17,940 | $6,008,823 | |
| EPAM | EPAM Systems, Inc. | 14,430 | $4,729,288 | |
| AMZN | Amazon Com Inc | 55,500 | $4,662,000 | |
| UNP | Union Pacific Corp | 18,290 | $3,787,310 | |
| CSX | Csx Corp | 122,000 | $3,779,560 | |
| DE | Deere & Co | 8,740 | $3,747,362 | |
| KKR | KKR & Co. Inc. | 73,100 | $3,393,302 | |
| PCOR | Procore Technologies, Inc. | 71,000 | $3,349,780 | |
| LOW | Lowes Companies Inc | 13,600 | $2,709,664 | |
| CBRE | Cbre Group, Inc. | 32,600 | $2,508,896 | |
| BILL | BILL Holdings, Inc. | 22,600 | $2,462,496 | |
| No positions match the current search. | ||||
7 positions ·
$11,935,100 total
· as of Mar 31, 2023
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| TDG |
TransDigm Group INC
Industrials
|
Reduced | 4,862 | $3,583,537 | 30.03% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 12,589 | $2,838,315 | 23.78% | |
| FISV |
Fiserv Inc
|
Reduced | 20,900 | $2,362,327 | 19.79% | |
| CHTR |
Charter Communications, Inc. /Mo/
Communication Services
|
Reduced | 3,650 | $1,305,276 | 10.94% | |
| WAB |
Westinghouse Air Brake Technologies Corp
Industrials
|
Reduced | 7,000 | $707,420 | 5.93% | |
| NOW |
ServiceNow, Inc.
Technology
|
Reduced | 7,260 | $674,773 | 5.65% | |
| TW |
Tradeweb Markets Inc.
Financial Services
|
Reduced | 5,865 | $463,452 | 3.88% |