1248 Management, LLC
Filing Date
Global Rank
#3,910
/ 8,232
▲ 436
Top Industry
Software - Infrastructure
19.6%
3Y Alpha vs SPY
-6.0%
Period ended 2 months ago
Filed May 15, 2026 · 30d
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
+15.2%
SPY
+23.4%
Annualised alpha
-6.0%
Max drawdown
−20.3%
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
144 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
14.8%
−5.3 pts
Top 5
41.7%
−5.4 pts
Top 10
62.7%
−6.6 pts
HHI
537
Diversified−178
Portfolio Trend
6 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 38.9% | $75,926,229 |
| Technology | 33.8% | $66,052,574 |
| Communication Services | 8.5% | $16,635,536 |
| Consumer Cyclical | 8.0% | $15,660,825 |
| Industrials | 3.8% | $7,354,313 |
| Healthcare | 3.8% | $7,345,944 |
| Consumer Defensive | 1.3% | $2,477,119 |
| Energy | 1.2% | $2,306,576 |
| Unclassified | 0.3% | $608,860 |
| Utilities | 0.2% | $388,435 |
| Basic Materials | 0.2% | $346,652 |
| Real Estate | 0.0% | $48,687 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
14 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| HOOD | Robinhood Markets, Inc. | +120,195 | 122,430 | $8,484,399 | |
| SCHW | Schwab Charles Corp | +52,537 | 146,266 | $13,746,078 | |
| MSFT | Microsoft Corp | +18,601 | 38,382 | $14,207,864 | |
| CRWD | CrowdStrike Holdings, Inc. | +15,686 | 16,383 | $6,396,087 | |
| FAST | Fastenal Co | +3,904 | 5,074 | $235,433 | |
| BSX | Boston Scientific Corp | +3,098 | 11,322 | $710,455 | |
| SYK | Stryker Corp | +1,618 | 2,161 | $710,082 | |
| AMGN | Amgen Inc | +1,608 | 2,566 | $902,847 | |
| NFLX | Netflix Inc | +1,260 | 1,880 | $180,762 | |
| DE | Deere & Co | +895 | 1,006 | $566,679 | |
| PLTR | Palantir Technologies Inc. | +854 | 1,084 | $158,567 | |
| DASH | DoorDash, Inc. | +351 | 2,652 | $398,197 | |
| CRM | Salesforce, Inc. | +223 | 27,404 | $5,115,504 | |
| NVDA | Nvidia Corp | +151 | 48,227 | $8,410,788 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
13 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| AWK | American Water Works Company, Inc. | −3,906 | 36 | $4,899 | |
| BX | Blackstone Inc. | −2,925 | 241 | $27,712 | |
| RMD | Resmed Inc | −2,854 | 118 | $26,488 | |
| PSX | Phillips 66 | −2,800 | 1,246 | $226,996 | |
| NOW | ServiceNow, Inc. | −1,560 | 5,290 | $553,069 | |
| ORCL | Oracle Corp | −1,494 | 54,603 | $8,032,647 | |
| AVGO | Broadcom Inc. | −734 | 4,403 | $1,362,772 | |
| PGR | Progressive Corp/Oh/ | −592 | 203 | $40,242 | |
| PANW | Palo Alto Networks Inc | −262 | 4,811 | $771,299 | |
| NTAP | NetApp, Inc. | −234 | 106 | $10,853 | |
| QCOM | Qualcomm Inc/De | −163 | 36 | $4,636 | |
| COHR | Coherent Corp. | −60 | 159 | $37,875 | |
| KLAC | Kla Corp | −6 | 609 | $896,697 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
14 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| OKTA | Okta, Inc. | 70,761 | $5,569,598 | |
| APO | Apollo Global Management, Inc. | 44,345 | $4,940,919 | |
| LPLA | LPL Financial Holdings Inc. | 13,873 | $4,173,414 | |
| MPWR | Monolithic Power Systems Inc | 548 | $599,155 | |
| AZN | Astrazeneca PLC | 2,976 | $586,926 | |
| MTB | M&T Bank Corp | 2,702 | $558,557 | |
| MAR | Marriott International Inc /Md/ | 1,689 | $552,421 | |
| ADI | Analog Devices Inc | 1,719 | $546,882 | |
| AMAT | Applied Materials Inc /De | 308 | $105,271 | |
| AMD | Advanced Micro Devices Inc | 172 | $34,989 | |
| PWR | Quanta Services, Inc. | 62 | $34,039 | |
| LRCX | Lam Research Corp | 145 | $30,980 | |
| MU | Micron Technology Inc | 86 | $29,054 | |
| TGT | Target Corp | 101 | $12,241 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
14 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| UNP | Union Pacific Corp | 4,600 | $1,064,072 | |
| UPS | United Parcel Service Inc | 9,600 | $952,224 | |
| ABT | Abbott Laboratories | 6,689 | $838,064 | |
| PLNT | Planet Fitness, Inc. | 5,958 | $646,264 | |
| SPGI | S&P Global Inc. | 1,195 | $624,495 | |
| WCN | Waste Connections, Inc. | 3,551 | $622,703 | |
| XYL | Xylem Inc. | 4,474 | $609,269 | |
| KR | Kroger Co | 8,986 | $561,445 | |
| WRB | Berkley W R Corp | 6,009 | $421,351 | |
| TMUS | T-Mobile US, Inc. | 1,108 | $224,968 | |
| ACM | Aecom | 1,649 | $157,199 | |
| CMCSA | Comcast Corp | 5,000 | $140,065 | |
| APP | AppLovin Corp | 61 | $41,103 | |
| SYY | Sysco Corp | 79 | $5,821 | |
| No positions match the current search. | ||||
4 positions ·
$388,435 total
· Utilities 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 |
|---|---|---|---|---|---|---|
| NEE |
Nextera Energy Inc
Utilities
|
Held | 3,196 | $296,844 | 76.42% | |
| DUK |
Duke Energy CORP
Utilities
|
Held | 587 | $76,861 | 19.79% | |
| AEP |
American Electric Power Co Inc
Utilities
|
Held | 75 | $9,831 | 2.53% | |
| AWK |
American Water Works Company, Inc.
Utilities
|
Reduced | 36 | $4,899 | 1.26% |