Kula Investments, LLC

CIK

1911190

Location

CHICAGO, IL

Portfolio Value

Small $382,960,186

Diversification

Diversified

Filing Date

Global Rank

#2,251 / 6,875 ▲ 460 · as of Mar 2023

Top Industry

Software - Application 10.7%

3Y Alpha vs SPY

-7.9%

Period ended 3 years ago

Filed May 15, 2023 · 3y

2 quarters · since Dec 2022

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+43.2%

SPY

+76.5%

Annualised alpha

-8.1%

Max drawdown

−22.1%

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

519 positions · as of Mar 31, 2023 · Δ vs Dec 31, 2022

Top Position

5.3%

+3.2 pts

Top 5

9.8%

+4.3 pts

Top 10

12.9%

+4.0 pts

HHI

Diversified+26

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2023

Sector	% Portfolio	Value	Positions
Technology	20.1%	$76,914,086	89
Consumer Cyclical	13.6%	$52,055,612	74
Industrials	13.5%	$51,612,371	78
Healthcare	13.1%	$50,105,533	69
Financial Services	11.8%	$45,282,646	61
Energy	6.1%	$23,242,317	29
Consumer Defensive	5.6%	$21,552,692	29
Real Estate	5.4%	$20,654,616	35
Basic Materials	3.9%	$15,046,103	24
Unclassified	2.4%	$9,157,235	1
Utilities	2.4%	$9,150,825	17
Communication Services	2.1%	$8,186,150	13

Last Quarter's Activity

Export CSV

Mar 31, 2023 vs Dec 31, 2022

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
WU	Western Union CO	+209,150	235,179	$2,622,245
GEO	Geo Group Inc	+102,898	153,037	$1,207,461
ELAN	Elanco Animal Health Inc	+81,289	111,192	$1,045,204
OBDC	Blue Owl Capital Corp	+67,773	79,397	$1,001,196
CHGG	Chegg, Inc	+57,509	82,243	$1,340,560
GM	General Motors Co	+43,602	82,438	$3,023,825
FLR	Fluor Corp	+42,723	60,071	$1,856,794
MPT	Medical Properties Trust Inc	+39,497	50,936	$418,693
AGI	Alamos Gold Inc	+38,842	68,039	$832,116
WRB	Berkley W R Corp	+38,352	52,407	$2,175,241
PAAS	Pan American Silver Corp	+36,554	49,022	$892,200
RNG	RingCentral, Inc.	+32,717	49,645	$1,522,612
VRT	Vertiv Holdings Co	+32,516	61,464	$879,549
VFC	V F Corp	+31,944	67,479	$1,545,943
NOV	NOV Inc.	+30,600	56,671	$1,048,980
INMD	InMode Ltd.	+30,131	38,223	$1,221,607
NTAP	NetApp, Inc.	+29,973	37,507	$2,394,821
ECVT	Ecovyst Inc.	+29,230	43,861	$484,664
TDOC	Teladoc Health, Inc.	+25,417	56,241	$1,456,641
CNC	Centene Corp	+24,505	27,435	$1,734,166
IOVA	Iovance Biotherapeutics, Inc.	+22,798	45,194	$276,135
UPWK	Upwork, Inc	+22,300	34,256	$387,777
USB	US Bancorp De	+21,531	54,154	$1,952,251
ICL	ICL Group Ltd.	+21,211	49,795	$338,606
GAP	Gap Inc	+21,079	46,580	$467,663
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
HOOD	Robinhood Markets, Inc.	−62,349	15,623	$151,699
RKT	Rocket Companies, Inc.	−59,201	36,954	$334,803
CLVT	Clarivate PLC	−52,321	161,885	$1,520,100
KOS	Kosmos Energy Ltd.	−30,134	28,860	$214,718
FSLY	Fastly, Inc.	−17,789	17,284	$306,963
DRH	DiamondRock Hospitality Co	−17,076	20,266	$164,762
TRIP	TripAdvisor, Inc.	−14,999	24,891	$494,335
EQR	Equity Residential	−13,510	19,348	$1,160,880
MGM	MGM Resorts International	−13,256	10,673	$474,094
PATH	UiPath, Inc.	−12,284	22,857	$401,368
ROL	Rollins Inc	−11,140	25,944	$973,678
BMY	Bristol Myers Squibb Co	−10,155	14,547	$1,008,252
GPN	Global Payments Inc	−10,050	2,469	$259,837
GOOGL	Alphabet Inc.	−9,683	3,117	$323,326
LNTH	Lantheus Holdings, Inc.	−9,422	6,705	$553,564
VIRT	Virtu Financial, Inc.	−8,989	26,140	$494,046
CTVA	Corteva, Inc.	−8,554	8,064	$486,339
EQH	Equitable Holdings, Inc.	−7,902	22,160	$562,642
ECL	Ecolab Inc.	−7,359	1,478	$244,653
NYT	New York Times Co	−7,357	9,852	$383,045
COLD	Americold Realty Trust	−6,118	13,226	$376,279
S	SentinelOne, Inc.	−5,913	15,869	$259,616
TRU	TransUnion	−5,510	10,735	$667,072
IP	International Paper Co /New/	−5,327	7,809	$281,592
BJ	BJ's Wholesale Club Holdings, Inc.	−4,607	9,697	$737,650
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
ALIT	Alight, Inc. / Delaware	111,191	$20,481,382
ALL	Allstate Corp	21,378	$2,368,896
ABT	Abbott Laboratories	22,755	$2,304,171
UNP	Union Pacific Corp	11,049	$2,223,721
MA	Mastercard Inc	5,593	$2,032,552
JNJ	Johnson & Johnson	12,780	$1,980,900
LVS	Las Vegas Sands Corp	34,186	$1,963,985
NSC	Norfolk Southern Corp	9,198	$1,949,976
PM	Philip Morris International Inc.	19,804	$1,925,939
ALLE	Allegion plc	17,517	$1,869,589
SBUX	Starbucks Corp	17,866	$1,860,386
SHW	Sherwin Williams Co	7,391	$1,661,275
MTCH	Match Group, Inc.	42,552	$1,633,571
GTM	ZoomInfo Technologies Inc.	65,645	$1,622,087
ARCC	Ares Capital Corp	87,316	$1,595,263
VRSN	Verisign Inc/Ca	7,542	$1,593,850
LEN	Lennar Corp /New/	14,473	$1,472,659
CUBE	CubeSmart	31,520	$1,456,854
SBAC	Sba Communications Corp	5,537	$1,445,544
FLO	Flowers Foods Inc	50,872	$1,394,401
ADM	Archer-Daniels-Midland Co	17,489	$1,393,173
AAT	American Assets Trust, Inc.	73,888	$1,373,577
ITT	Itt Inc.	15,033	$1,297,347
PFE	Pfizer Inc	31,697	$1,293,237
HD	Home Depot, Inc.	4,380	$1,292,625
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
AGL	agilon health, inc.	13,854	$5,590,089
MDT	Medtronic plc	24,910	$1,936,005
GGG	Graco Inc	24,504	$1,648,139
TREX	Trex Co Inc	33,874	$1,433,886
CME	Cme Group Inc.	8,262	$1,389,337
PEP	Pepsico Inc	7,170	$1,295,332
CL	Colgate Palmolive Co	16,128	$1,270,725
EPAC	Enerpac Tool Group Corp	49,836	$1,268,326
TSN	Tyson Foods, Inc.	20,278	$1,262,305
FITB	Fifth Third Bancorp	36,458	$1,196,186
EQT	EQT Corp	35,112	$1,187,838
D	Dominion Energy, Inc	19,296	$1,183,230
HUM	Humana Inc	2,270	$1,162,671
ZTS	Zoetis Inc.	7,451	$1,091,944
CPNG	Coupang, Inc.	73,246	$1,077,448
JBL	Jabil Inc	15,773	$1,075,718
QCOM	Qualcomm Inc/De	9,745	$1,071,365
EW	Edwards Lifesciences Corp	14,177	$1,057,745
CCI	Crown Castle Inc.	7,779	$1,055,143
MQ	Marqeta, Inc.	41,467	$1,013,453
MMM	3M Co	10,076	$1,010,296
KIM	Kimco Realty Corp	46,501	$984,891
RSG	Republic Services, Inc.	7,551	$974,003
MCD	Mcdonalds Corp	3,638	$958,722
VZ	Verizon Communications Inc	24,131	$950,761
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

519 positions · $382,960,186 total · as of Mar 31, 2023

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 519 positions by value · page 1 of 11

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ALIT	Alight, Inc. / Delaware Technology	NEW	111,191	NEW	$20,481,382	NEW	5.35%
SPY	Spdr S&P 500 ETF Trust	Added	22,368	+15,010	$9,157,235	+225.4%	2.39%
GM	General Motors Co Consumer Cyclical	Added	82,438	+43,602	$3,023,825	+131.5%	0.79%
WU	Western Union CO Financial Services	Added	235,179	+209,150	$2,622,245	+631.6%	0.68%
NTAP	NetApp, Inc. Technology	Added	37,507	+29,973	$2,394,821	+429.3%	0.63%
ALL	Allstate Corp Financial Services	NEW	21,378	NEW	$2,368,896	NEW	0.62%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Added	16,522	+1,139	$2,327,454	+19.7%	0.61%
COP	Conocophillips Energy	Added	23,355	+15,182	$2,317,049	+140.3%	0.61%
ABT	Abbott Laboratories Healthcare	NEW	22,755	NEW	$2,304,171	NEW	0.60%
GPC	Genuine Parts Co Consumer Cyclical	Added	13,678	+11,891	$2,288,466	+638.1%	0.60%
UNP	Union Pacific Corp Industrials	NEW	11,049	NEW	$2,223,721	NEW	0.58%
MAR	Marriott International Inc /Md/ Consumer Cyclical	Added	13,213	+9,994	$2,193,886	+357.8%	0.57%
WRB	Berkley W R Corp Financial Services	Added	52,407	+38,352	$2,175,241	+219.9%	0.57%
MA	Mastercard Inc Financial Services	NEW	5,593	NEW	$2,032,552	NEW	0.53%
JNJ	Johnson & Johnson Healthcare	NEW	12,780	NEW	$1,980,900	NEW	0.52%
LVS	Las Vegas Sands Corp Consumer Cyclical	NEW	34,186	NEW	$1,963,985	NEW	0.51%
IR	Ingersoll Rand Inc. Industrials	Added	33,724	+15,685	$1,962,062	+108.2%	0.51%
USB	US Bancorp De Financial Services	Added	54,154	+21,531	$1,952,251	+37.2%	0.51%
NSC	Norfolk Southern Corp Industrials	NEW	9,198	NEW	$1,949,976	NEW	0.51%
PM	Philip Morris International Inc. Consumer Defensive	NEW	19,804	NEW	$1,925,939	NEW	0.50%
ALLE	Allegion plc Industrials	NEW	17,517	NEW	$1,869,589	NEW	0.49%
SBUX	Starbucks Corp Consumer Cyclical	NEW	17,866	NEW	$1,860,386	NEW	0.49%
FLR	Fluor Corp Industrials	Added	60,071	+42,723	$1,856,794	+208.8%	0.48%
CNC	Centene Corp Healthcare	Added	27,435	+24,505	$1,734,166	+621.7%	0.45%
AMN	Amn Healthcare Services Inc Healthcare	Added	20,894	+12,977	$1,733,366	+112.9%	0.45%
CVS	CVS HEALTH Corp Healthcare	Added	23,138	+2,506	$1,719,384	−10.6%	0.45%
CF	CF Industries Holdings, Inc. Basic Materials	Added	23,186	+16,282	$1,680,753	+185.7%	0.44%
PYPL	PayPal Holdings, Inc. Financial Services	Added	21,900	+410	$1,663,086	+8.7%	0.43%
SHW	Sherwin Williams Co Basic Materials	NEW	7,391	NEW	$1,661,275	NEW	0.43%
MTCH	Match Group, Inc. Communication Services	NEW	42,552	NEW	$1,633,571	NEW	0.43%
GTM	ZoomInfo Technologies Inc. Technology	NEW	65,645	NEW	$1,622,087	NEW	0.42%
CCEP	COCA-COLA EUROPACIFIC PARTNERS plc Consumer Defensive	Added	27,200	+7,395	$1,609,968	+46.9%	0.42%
ARCC	Ares Capital Corp Financial Services	NEW	87,316	NEW	$1,595,263	NEW	0.42%
VRSN	Verisign Inc/Ca Technology	NEW	7,542	NEW	$1,593,850	NEW	0.42%
INCY	Incyte Corp Healthcare	Added	21,850	+18,742	$1,579,099	+532.6%	0.41%
PARR	Par Pacific Holdings, Inc. Energy	Added	53,348	+18,279	$1,557,761	+91.1%	0.41%
VFC	V F Corp Consumer Cyclical	Added	67,479	+31,944	$1,545,943	+57.6%	0.40%
RNG	RingCentral, Inc. Technology	Added	49,645	+32,717	$1,522,612	+154.1%	0.40%
CLVT	Clarivate PLC Technology	Reduced	161,885	-52,321	$1,520,100	−14.9%	0.40%
AIN	Albany International Corp /De/ Consumer Cyclical	Added	16,518	+13,805	$1,476,048	+451.8%	0.39%
LEN	Lennar Corp /New/ Consumer Cyclical	NEW	14,473	NEW	$1,472,659	NEW	0.38%
PBF	PBF Energy Inc. Energy	Added	33,927	+20,145	$1,471,074	+161.7%	0.38%
CUBE	CubeSmart Real Estate	NEW	31,520	NEW	$1,456,854	NEW	0.38%
TDOC	Teladoc Health, Inc. Healthcare	Added	56,241	+25,417	$1,456,641	+99.8%	0.38%
SBAC	Sba Communications Corp Real Estate	NEW	5,537	NEW	$1,445,544	NEW	0.38%
FIS	Fidelity National Information Services, Inc. Technology	Added	25,682	+19,244	$1,395,303	+219.4%	0.36%
FLO	Flowers Foods Inc Consumer Defensive	NEW	50,872	NEW	$1,394,401	NEW	0.36%
ADM	Archer-Daniels-Midland Co Consumer Defensive	NEW	17,489	NEW	$1,393,173	NEW	0.36%
AAT	American Assets Trust, Inc. Real Estate	NEW	73,888	NEW	$1,373,577	NEW	0.36%
BAC	Bank Of America Corp /De/ Financial Services	Added	47,871	+18,776	$1,369,110	+42.1%	0.36%