denkapparat Operations GmbH
Filing Date
Global Rank
#3,826
/ 8,586
▲ 693
Top Industry
Drug Manufacturers - General
5.6%
3Y Alpha vs SPY
-1.3%
Period ended 3 months ago
Filed May 11, 2026 · 36d
6 quarters · since Dec 2024
Clone Performance
Feb 2025–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+23.9%
SPY
+25.8%
Annualised alpha
-1.3%
Max drawdown
−15.9%
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
333 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
1.1%
−0.2 pts
Top 5
5.0%
−0.8 pts
Top 10
9.4%
−0.9 pts
HHI
45
Diversified−3
Portfolio Trend
6 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 20.4% | $49,331,377 |
| Healthcare | 14.9% | $35,893,699 |
| Industrials | 13.8% | $33,290,911 |
| Financial Services | 12.7% | $30,672,223 |
| Consumer Cyclical | 9.5% | $22,947,814 |
| Energy | 8.8% | $21,350,880 |
| Consumer Defensive | 5.7% | $13,854,113 |
| Communication Services | 5.6% | $13,619,125 |
| Basic Materials | 4.2% | $10,148,565 |
| Utilities | 3.8% | $9,110,212 |
| Real Estate | 0.6% | $1,449,171 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| GSK | GSK plc | +30,382 | 35,370 | $1,952,070 | |
| WU | Western Union CO | +19,982 | 47,688 | $416,316 | |
| ACI | Albertsons Companies, Inc. | +17,628 | 73,748 | $1,256,665 | |
| CVE | Cenovus Energy Inc. | +13,006 | 28,302 | $750,852 | |
| CMCSA | Comcast Corp | +12,956 | 71,972 | $2,066,316 | |
| TIGO | Millicom International Cellular SA | +10,286 | 14,864 | $1,113,908 | |
| DVN | Devon Energy Corp/De | +10,072 | 29,156 | $1,467,129 | |
| NFLX | Netflix Inc | +9,336 | 12,636 | $1,214,951 | |
| CNK | Cinemark Holdings, Inc. | +8,424 | 55,642 | $1,586,909 | |
| ENPH | Enphase Energy, Inc. | +8,090 | 16,300 | $616,303 | |
| DBX | Dropbox, Inc. | +7,540 | 31,898 | $724,722 | |
| FHN | First Horizon Corp | +7,480 | 41,772 | $950,730 | |
| EIX | Edison International | +6,760 | 24,632 | $1,802,569 | |
| KR | Kroger Co | +6,542 | 21,208 | $1,534,610 | |
| TXT | Textron Inc | +6,208 | 12,380 | $1,083,992 | |
| PEGA | Pegasystems Inc | +6,030 | 10,090 | $429,430 | |
| PYPL | PayPal Holdings, Inc. | +5,908 | 25,020 | $1,131,654 | |
| FE | Firstenergy Corp | +5,758 | 25,748 | $1,304,393 | |
| OZK | Bank OZK | +5,606 | 20,776 | $953,410 | |
| FTNT | Fortinet, Inc. | +5,140 | 11,272 | $921,147 | |
| EQH | Equitable Holdings, Inc. | +4,894 | 9,792 | $363,381 | |
| CROX | Crocs, Inc. | +4,804 | 7,728 | $641,578 | |
| HIG | Hartford Insurance Group, Inc. | +4,600 | 7,846 | $1,061,014 | |
| GLXY | Galaxy Digital Inc. | +4,576 | 23,914 | $441,213 | |
| QRVO | Qorvo, Inc. | +4,394 | 8,244 | $638,085 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| RF | Regions Financial Corp | −9,624 | 26,866 | $701,739 | |
| BMY | Bristol Myers Squibb Co | −8,322 | 30,782 | $1,866,928 | |
| CNQ | Canadian Natural Resources Ltd | −8,000 | 8,700 | $423,951 | |
| MRK | Merck & Co., Inc. | −7,838 | 8,044 | $967,612 | |
| CCL | Carnival Corp Ltd. | −7,764 | 12,298 | $318,272 | |
| MO | Altria Group, Inc. | −7,618 | 10,976 | $724,306 | |
| NEM | NEWMONT Corp /DE/ | −5,770 | 16,764 | $1,814,703 | |
| AIG | American International Group, Inc. | −5,300 | 6,286 | $473,021 | |
| NJR | New Jersey Resources Corp | −4,332 | 5,202 | $285,693 | |
| LRCX | Lam Research Corp | −4,132 | 8,214 | $1,755,003 | |
| PTCT | Ptc Therapeutics, Inc. | −2,668 | 3,290 | $224,147 | |
| ABNB | Airbnb, Inc. | −2,012 | 3,740 | $472,287 | |
| BMRN | Biomarin Pharmaceutical Inc | −1,886 | 11,938 | $674,377 | |
| RTX | RTX Corp | −1,354 | 1,942 | $374,611 | |
| MSFT | Microsoft Corp | −1,280 | 1,662 | $615,222 | |
| AMAT | Applied Materials Inc /De | −1,236 | 3,910 | $1,336,398 | |
| WDC | Western Digital Corp | −1,038 | 1,270 | $343,522 | |
| IDCC | InterDigital, Inc. | −1,008 | 6,332 | $1,912,264 | |
| BNY | Bank of New York Mellon Corp | −1,002 | 6,608 | $783,907 | |
| GNRC | Generac Holdings Inc. | −922 | 1,076 | $210,175 | |
| LEA | Lear Corp | −916 | 2,574 | $311,659 | |
| UNP | Union Pacific Corp | −708 | 1,742 | $422,644 | |
| LHX | L3harris Technologies, Inc. /De/ | −638 | 1,676 | $578,471 | |
| ELV | Elevance Health, Inc. | −586 | 1,746 | $511,141 | |
| CMI | Cummins Inc | −436 | 866 | $465,925 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| ERIC | Ericsson Lm Telephone Co | 222,462 | $2,507,146 | |
| LOGI | Logitech International S.A. | 26,760 | $2,438,371 | |
| CB | Chubb Ltd | 6,916 | $2,254,131 | |
| ALV | Autoliv Inc | 19,784 | $2,080,485 | |
| SHEL | Shell plc | 19,038 | $1,770,534 | |
| SNY | Sanofi | 34,572 | $1,665,678 | |
| SUNB | Sunbelt Rentals Holdings, Inc. | 19,834 | $1,290,995 | |
| SAP | Sap SE | 6,746 | $1,154,982 | |
| TTE | TotalEnergies SE | 11,588 | $1,054,276 | |
| HAL | Halliburton Co | 25,240 | $984,107 | |
| HOLX | HOLOGIC INC | 12,494 | $944,421 | |
| PEP | Pepsico Inc | 5,666 | $879,873 | |
| TRV | Travelers Companies, Inc. | 2,962 | $863,956 | |
| UPS | United Parcel Service Inc | 8,716 | $857,480 | |
| MRVL | Marvell Technology, Inc. | 8,576 | $849,452 | |
| NOK | Nokia Corp | 98,238 | $789,833 | |
| DINO | HF Sinclair Corp | 12,558 | $783,493 | |
| PARR | Par Pacific Holdings, Inc. | 10,656 | $667,491 | |
| WTW | Willis Towers Watson PLC | 2,234 | $649,423 | |
| CRTO | Criteo S.A. | 32,718 | $586,633 | |
| NXPI | NXP Semiconductors N.V. | 2,944 | $579,555 | |
| VRSN | Verisign Inc/Ca | 2,306 | $572,718 | |
| WWD | Woodward, Inc. | 1,574 | $563,366 | |
| SWKS | Skyworks Solutions, Inc. | 10,498 | $562,167 | |
| T | At&T Inc. | 19,236 | $557,651 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| FCX | Freeport-Mcmoran Inc | 17,242 | $875,721 | |
| GM | General Motors Co | 10,504 | $854,185 | |
| C | Citigroup Inc | 5,250 | $612,622 | |
| D | Dominion Energy, Inc | 10,028 | $587,540 | |
| GS | Goldman Sachs Group Inc | 604 | $530,916 | |
| MSI | Motorola Solutions, Inc. | 1,348 | $516,715 | |
| CBRE | Cbre Group, Inc. | 3,152 | $506,810 | |
| MMM | 3M Co | 3,018 | $483,181 | |
| WTRG | Essential Utilities, Inc. | 12,528 | $480,574 | |
| SPGI | S&P Global Inc. | 774 | $404,484 | |
| CTVA | Corteva, Inc. | 5,600 | $375,368 | |
| SO | Southern Co | 4,288 | $373,913 | |
| CSX | Csx Corp | 10,254 | $371,707 | |
| ABBV | AbbVie Inc. | 1,604 | $366,497 | |
| TXRH | Texas Roadhouse, Inc. | 2,030 | $336,980 | |
| EVRG | Evergy, Inc. | 4,374 | $317,071 | |
| ITW | Illinois Tool Works Inc | 1,238 | $304,919 | |
| VRT | Vertiv Holdings Co | 1,634 | $264,724 | |
| TVTX | Travere Therapeutics, Inc. | 6,634 | $253,485 | |
| CBSH | Commerce Bancshares Inc /Mo/ | 4,682 | $245,055 | |
| APPF | Appfolio Inc | 1,036 | $241,025 | |
| HNI | Hni Corp | 5,626 | $236,517 | |
| IT | Gartner Inc | 922 | $232,602 | |
| HLI | Houlihan Lokey, Inc. | 1,270 | $221,221 | |
| ALRM | Alarm.com Holdings, Inc. | 4,314 | $220,100 | |
| No positions match the current search. | ||||
20 positions ·
$13,854,113 total
· Consumer Defensive only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| KR |
Kroger Co
Consumer Defensive
|
Added | 21,208 | $1,534,610 | 11.08% | |
| SAM |
Boston Beer Co Inc
Consumer Defensive
|
Added | 5,616 | $1,293,926 | 9.34% | |
| ACI |
Albertsons Companies, Inc.
Consumer Defensive
|
Added | 73,748 | $1,256,665 | 9.07% | |
| STZ |
Constellation Brands, Inc.
Consumer Defensive
|
Added | 7,196 | $1,079,400 | 7.79% | |
| CALM |
Cal-Maine Foods Inc
Consumer Defensive
|
Held | 12,242 | $968,954 | 6.99% | |
| CL |
Colgate Palmolive Co
Consumer Defensive
|
Added | 11,060 | $942,643 | 6.80% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
NEW | 5,666 | $879,873 | 6.35% | |
| MO |
Altria Group, Inc.
Consumer Defensive
|
Reduced | 10,976 | $724,306 | 5.23% | |
| COKE |
Coca-Cola Consolidated, Inc.
Consumer Defensive
|
Held | 3,614 | $692,948 | 5.00% | |
| PPC |
Pilgrims Pride Corp
Consumer Defensive
|
Held | 17,760 | $670,617 | 4.84% | |
| LAUR |
Laureate Education, Inc.
Consumer Defensive
|
Held | 17,918 | $624,263 | 4.51% | |
| INGR |
Ingredion Inc
Consumer Defensive
|
Held | 4,814 | $542,345 | 3.91% | |
| CLX |
Clorox Co /De/
Consumer Defensive
|
Held | 4,138 | $428,820 | 3.10% | |
| TAP |
Molson Coors Beverage Co
Consumer Defensive
|
Held | 9,604 | $413,548 | 2.99% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
Added | 4,082 | $393,790 | 2.84% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Held | 5,470 | $390,175 | 2.82% | |
| CVSA |
Covista Inc.
Consumer Defensive
|
Held | 2,958 | $340,909 | 2.46% | |
| DG |
Dollar General Corp
Consumer Defensive
|
Held | 2,656 | $315,346 | 2.28% | |
| CPB |
CAMPBELL'S Co
Consumer Defensive
|
Held | 11,180 | $248,978 | 1.80% | |
| FLO |
Flowers Foods Inc
Consumer Defensive
|
Held | 13,742 | $111,997 | 0.81% |