Kula Investments, LLC

CIK

1911190

Location

CHICAGO, IL

Portfolio Value

Small $395,911,457

Diversification

Diversified

Filing Date

Global Rank

#2,976 / 7,012 ▲ 597 · as of Mar 2023

Top Industry

Software - Application 5.7%

Period ended 3 years ago

Filed May 15, 2023 · 3y

2 quarters · since Dec 2022

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2023, never from the firm's own description.

Style

Diversified active

Top 10 weight 8.1%, 322.8 effective positions, active share 76.3% against the Russell 1000 as of 2023-03-31; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 1.5 quarters (under 4)

Closest benchmark: the Russell 1000 as of 2023-03-31, active share 76.3%; sector active share 14.0% against the combined 13F book's sector weights.

Over time 2 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

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

Top Position

2.3%

+1.3 pts

Top 5

5.2%

+1.3 pts

Top 10

8.1%

+1.2 pts

HHI

Diversified+4

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2023

Sector	% Portfolio	Value	Positions
Technology	15.3%	$60,624,746	90
Industrials	13.3%	$52,600,487	78
Consumer Cyclical	13.2%	$52,147,441	74
Healthcare	12.7%	$50,179,980	69
Financial Services	11.7%	$46,384,248	61
Unclassified	8.3%	$32,696,818	41
Energy	6.0%	$23,646,743	30
Consumer Defensive	5.7%	$22,580,124	29
Real Estate	5.3%	$20,977,215	36
Basic Materials	3.8%	$15,046,103	24
Communication Services	2.4%	$9,689,364	15
Utilities	2.4%	$9,338,188	17

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
—		+94,804	123,619	$1,153,365
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	$3,262,862
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
—		+24,921	33,810	$1,222,232
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
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
—		−43,514	11,713	$0
KOS	Kosmos Energy Ltd.	−30,134	28,860	$214,718
—		−25,505	19,897	$532,643
Z	Zillow Group, Inc.	−19,198	10,756	$478,319
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
VMRK	Vivmark 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
—		−8,031	5,111	$670,001
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
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
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	7,542	$1,593,850
WMT	Walmart Inc.	10,452	$1,541,147
LEN	Lennar Corp	14,473	$1,521,257
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
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
MMM	3M Co	10,076	$1,208,314
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
FTV	Fortive Corp	17,527	$1,126,110
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	9,745	$1,071,365
EW	Edwards Lifesciences Corp	14,177	$1,057,745
CCI	Crown Castle Inc.	7,779	$1,055,143
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
VST	Vistra Corp.	40,906	$949,019
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

564 tracked positions · $395,911,457 total · filing declares 576 positions · $405,493,969 · 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 564 positions by value · page 1 of 12

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	22,368	+15,010	$9,157,235	+225.4%	2	before history	2.31%
WRB	Berkley W R Corp Financial Services	Added	52,407	+38,352	$3,262,862	+219.9%	2	before history	0.82%
GM	General Motors Co Consumer Cyclical	Added	82,438	+43,602	$3,023,825	+131.5%	2	before history	0.76%
WU	Western Union CO Financial Services	Added	235,179	+209,150	$2,622,245	+631.6%	2	before history	0.66%
NTAP	NetApp, Inc. Technology	Added	37,507	+29,973	$2,394,821	+429.3%	2	before history	0.60%
ALL	Allstate Corp Financial Services	NEW	21,378	NEW	$2,368,896	NEW	1	$126.41	0.60%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Added	16,522	+1,139	$2,327,454	+19.7%	2	before history	0.59%
COP	Conocophillips Energy	Added	23,355	+15,182	$2,317,049	+140.3%	2	before history	0.59%
ABT	Abbott Laboratories Healthcare	NEW	22,755	NEW	$2,304,171	NEW	1	$105.58	0.58%
GPC	Genuine Parts Co Consumer Cyclical	Added	13,678	+11,891	$2,288,466	+638.1%	2	before history	0.58%
UNP	Union Pacific Corp Industrials	NEW	11,049	NEW	$2,223,721	NEW	1	$202.67	0.56%
MAR	Marriott International Inc Consumer Cyclical	Added	13,213	+9,994	$2,193,886	+357.8%	2	before history	0.55%
MA	Mastercard Inc Financial Services	NEW	5,593	NEW	$2,032,552	NEW	1	$363.23	0.51%
JNJ	Johnson & Johnson Healthcare	NEW	12,780	NEW	$1,980,900	NEW	1	$161.47	0.50%
LVS	Las Vegas Sands Corp Consumer Cyclical	NEW	34,186	NEW	$1,963,985	NEW	1	$55.99	0.50%
IR	Ingersoll Rand Inc. Industrials	Added	33,724	+15,685	$1,962,062	+108.2%	2	before history	0.50%
USB	US Bancorp De Financial Services	Added	54,154	+21,531	$1,952,251	+37.2%	2	before history	0.49%
NSC	Norfolk Southern Corp Industrials	NEW	9,198	NEW	$1,949,976	NEW	1	$231.35	0.49%
PM	Philip Morris International Inc. Consumer Defensive	NEW	19,804	NEW	$1,925,939	NEW	1	$99.66	0.49%
ALLE	Allegion plc Industrials	NEW	17,517	NEW	$1,869,589	NEW	1	$112.20	0.47%
SBUX	Starbucks Corp Consumer Cyclical	NEW	17,866	NEW	$1,860,386	NEW	1	$104.08	0.47%
FLR	Fluor Corp Industrials	Added	60,071	+42,723	$1,856,794	+208.8%	2	before history	0.47%
CNC	Centene Corp Healthcare	Added	27,435	+24,505	$1,734,166	+621.7%	2	before history	0.44%
AMN	Amn Healthcare Services Inc Healthcare	Added	20,894	+12,977	$1,733,366	+112.9%	2	before history	0.44%
CVS	CVS HEALTH Corp Healthcare	Added	23,138	+2,506	$1,719,384	−10.6%	2	before history	0.43%
		Added	32,254	+13,056	$1,690,432	+138.6%	2	before history	0.43%
CF	CF Industries Holdings, Inc. Basic Materials	Added	23,186	+16,282	$1,680,753	+185.7%	2	before history	0.42%
PYPL	PayPal Holdings, Inc. Financial Services	Added	21,900	+410	$1,663,086	+8.7%	2	before history	0.42%
SHW	Sherwin Williams Co Basic Materials	NEW	7,391	NEW	$1,661,275	NEW	1	$228.85	0.42%
MTCH	Match Group, Inc. Communication Services	NEW	42,552	NEW	$1,633,571	NEW	1	$43.62	0.41%
GTM	ZoomInfo Technologies Inc. Technology	NEW	65,645	NEW	$1,622,087	NEW	1	$25.66	0.41%
CCEP	COCA-COLA EUROPACIFIC PARTNERS plc Consumer Defensive	Added	27,200	+7,395	$1,609,968	+46.9%	2	before history	0.41%
ARCC	Ares Capital Corp Financial Services	NEW	87,316	NEW	$1,595,263	NEW	1	$18.90	0.40%
VRSN	Verisign Inc Technology	NEW	7,542	NEW	$1,593,850	NEW	1	$206.17	0.40%
INCY	Incyte Corp Healthcare	Added	21,850	+18,742	$1,579,099	+532.6%	2	before history	0.40%
PARR	Par Pacific Holdings, Inc. Energy	Added	53,348	+18,279	$1,557,761	+91.1%	2	before history	0.39%
VFC	V F Corp Consumer Cyclical	Added	67,479	+31,944	$1,545,943	+57.6%	2	before history	0.39%
WMT	Walmart Inc. Consumer Defensive	NEW	10,452	NEW	$1,541,147	NEW	1	$142.38	0.39%
RNG	RingCentral, Inc. Technology	Added	49,645	+32,717	$1,522,612	+154.1%	2	before history	0.38%
LEN	Lennar Corp Consumer Cyclical	NEW	14,473	NEW	$1,521,257	NEW	1	unpriced	0.38%
CLVT	Clarivate PLC Technology	Reduced	161,885	-52,321	$1,520,100	−14.9%	2	before history	0.38%
AIN	Albany International Corp Consumer Cyclical	Added	16,518	+13,805	$1,476,048	+451.8%	2	before history	0.37%
PBF	PBF Energy Inc. Energy	Added	33,927	+20,145	$1,471,074	+161.7%	2	before history	0.37%
CUBE	CubeSmart Real Estate	NEW	31,520	NEW	$1,456,854	NEW	1	$44.85	0.37%
TDOC	Teladoc Health, Inc. Healthcare	Added	56,241	+25,417	$1,456,641	+99.8%	2	before history	0.37%
SBAC	Sba Communications Corp Real Estate	NEW	5,537	NEW	$1,445,544	NEW	1	$275.19	0.37%
FIS	Fidelity National Information Services, Inc. Technology	Added	25,682	+19,244	$1,395,303	+219.4%	2	before history	0.35%
FLO	Flowers Foods Inc Consumer Defensive	NEW	50,872	NEW	$1,394,401	NEW	1	$27.57	0.35%
ADM	Archer-Daniels-Midland Co Consumer Defensive	NEW	17,489	NEW	$1,393,173	NEW	1	$81.68	0.35%
AAT	American Assets Trust, Inc. Real Estate	NEW	73,888	NEW	$1,373,577	NEW	1	$24.36	0.35%

Showing the top 50 of 564 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.