Decagon Asset Management LLP

CIK

1950677

Location

LONDON, X0

Portfolio Value

Small $326,599,066

Diversification

Diversified

Filing Date

Global Rank

#3,295 / 8,605 ▲ 1375 · as of Mar 2026

Top Industry

Shell Companies 27.3%

3Y Alpha vs SPY

-19.5%

Period ended 3 months ago

Filed May 15, 2026 · 55d

6 quarters · since Dec 2024

Clone Performance

Feb 2025–Jul 2026 · vs SPY

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

Cloned portfolio

-4.4%

SPY

+24.4%

Annualised alpha

-20.1%

Max drawdown

−14.7%

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

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

Top Position

19.0%

−2.5 pts

Top 5

59.2%

−14.0 pts

Top 10

80.5%

−9.1 pts

HHI

968

Diversified−431

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	27.3%	$89,137,736	13
Healthcare	23.2%	$75,818,121	2
Industrials	22.3%	$72,931,458	2
Consumer Cyclical	10.2%	$33,240,843	2
Communication Services	8.7%	$28,513,054	1
Technology	8.3%	$26,957,854	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

5 positions

Ticker	Company	Δ Shares	Shares	Value
MBC	MasterBrand, Inc.	+784,071	1,546,997	$12,855,545
OACC	Oaktree Acquisition Corp. III Life Sciences	+326,790	1,002,427	$10,605,677
KCHV	Kochav Defense Acquisition Corp.	+117,766	598,654	$6,136,203
NSC	Norfolk Southern Corp	+100,040	216,040	$62,003,480
BCSS	Bain Capital GSS Investment Corp.	+91,483	656,944	$6,643,017
No positions match the current search.

Trimmed

Positions the filer reduced

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
HOLX	HOLOGIC INC	−223,125	275,000	$20,787,250
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
PEN	Penumbra Inc	167,588	$55,030,871
EA	Electronic Arts Inc.	139,859	$28,513,054
CWAN	Clearwater Analytics Holdings, Inc.	1,139,867	$26,957,854
MCW	Mister Car Wash, Inc.	2,924,720	$20,385,298
CLBR	Colombier Acquisition Corp. III	1,488,233	$14,971,623
GTLS	Chart Industries Inc	52,856	$10,927,978
NWAX	New America Acquisition I Corp.	885,957	$8,868,429
MEVO	M Evo Global Acquisition Corp II	898,398	$8,849,220
HLXC	Helix Acquisition Corp. III	798,891	$8,116,732
GIX	GigCapital9 Corp.	758,375	$7,454,826
KBON	Karbon Capital Partners Corp.	653,813	$6,577,358
XFLH	XFLH Capital Corp	424,470	$4,189,518
NBRG	Newbridge Acquisition Ltd	350,000	$3,454,500
PTOR	Praetorian Acquisition Corp.	233,030	$2,283,694
RFAM	RF Acquisition Corp III	100,811	$986,939
No positions match the current search.

Sold Out

Positions the filer fully exited

14 positions

Ticker	Company	Shares	Value
EXAS	EXACT SCIENCES CORP	347,400	$35,281,944
MCGA	Yorkville Acquisition Corp.	1,215,386	$12,311,860
MLAC	Mountain Lake Acquisition Corp.	657,592	$6,838,956
PELI	Pelican Acquisition Corp	379,902	$3,856,385
IPCX	Inflection Point Acquisition Corp. III	351,374	$3,562,932
APAC	StoneBridge Acquisition II Corp	346,557	$3,448,242
NPAC	New Providence Acquisition Corp. III/Cayman	270,437	$2,774,683
WLAC	Willow Lane Acquisition Corp.	199,480	$2,521,427
ALIS	Calisa Acquisition Corp	238,203	$2,365,355
AIIA	AI Infrastructure Acquisition Corp.	133,256	$1,324,564
HVMC	Highview Merger Corp.	100,000	$1,000,000
BDCI	BTC Development Corp.	51,491	$515,424
CTLP	Cantaloupe, Inc.	20,000	$212,400
AEXA	American Exceptionalism Acquisition Corp. A	16,000	$182,240
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

21 positions · $326,599,066 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NSC	Norfolk Southern Corp Industrials	Added	216,040	+100,040	$62,003,480	+85.1%	18.98%
PEN	Penumbra Inc Healthcare	NEW	167,588	NEW	$55,030,871	NEW	16.85%
EA	Electronic Arts Inc. Communication Services	NEW	139,859	NEW	$28,513,054	NEW	8.73%
CWAN	Clearwater Analytics Holdings, Inc. Technology	NEW	1,139,867	NEW	$26,957,854	NEW	8.25%
HOLX	HOLOGIC INC Healthcare	Reduced	275,000	-223,125	$20,787,250	−44.0%	6.36%
MCW	Mister Car Wash, Inc. Consumer Cyclical	NEW	2,924,720	NEW	$20,385,298	NEW	6.24%
CLBR	Colombier Acquisition Corp. III Financial Services	NEW	1,488,233	NEW	$14,971,623	NEW	4.58%
MBC	MasterBrand, Inc. Consumer Cyclical	Added	1,546,997	+784,071	$12,855,545	+52.6%	3.94%
GTLS	Chart Industries Inc Industrials	NEW	52,856	NEW	$10,927,978	NEW	3.35%
OACC	Oaktree Acquisition Corp. III Life Sciences Financial Services	Added	1,002,427	+326,790	$10,605,677	+48.4%	3.25%
NWAX	New America Acquisition I Corp. Financial Services	NEW	885,957	NEW	$8,868,429	NEW	2.72%
MEVO	M Evo Global Acquisition Corp II Financial Services	NEW	898,398	NEW	$8,849,220	NEW	2.71%
HLXC	Helix Acquisition Corp. III Financial Services	NEW	798,891	NEW	$8,116,732	NEW	2.49%
GIX	GigCapital9 Corp. Financial Services	NEW	758,375	NEW	$7,454,826	NEW	2.28%
BCSS	Bain Capital GSS Investment Corp. Financial Services	Added	656,944	+91,483	$6,643,017	+16.5%	2.03%
KBON	Karbon Capital Partners Corp. Financial Services	NEW	653,813	NEW	$6,577,358	NEW	2.01%
KCHV	Kochav Defense Acquisition Corp. Financial Services	Added	598,654	+117,766	$6,136,203	+25.8%	1.88%
XFLH	XFLH Capital Corp Financial Services	NEW	424,470	NEW	$4,189,518	NEW	1.28%
NBRG	Newbridge Acquisition Ltd Financial Services	NEW	350,000	NEW	$3,454,500	NEW	1.06%
PTOR	Praetorian Acquisition Corp. Financial Services	NEW	233,030	NEW	$2,283,694	NEW	0.70%
RFAM	RF Acquisition Corp III Financial Services	NEW	100,811	NEW	$986,939	NEW	0.30%