Sugar Maple Asset Management, LLC
CIK
2012673
Location
SISTER BAY, WI
Portfolio Value
Micro
$58,371,789
Diversification
Moderately concentrated
Filing Date
Global Rank
#6,275
/ 8,232
▲ 229
Top Industry
Drug Manufacturers - General
38.7%
3Y Alpha vs SPY
+4.0%
Period ended 2 months ago
Filed Apr 21, 2026 · 54d
9 quarters · since Mar 2024
Clone Performance
May 2024–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+53.7%
SPY
+43.4%
Annualised alpha
+4.0%
Max drawdown
−14.2%
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
27 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
26.8%
+3.6 pts
Top 5
77.4%
+1.4 pts
Top 10
88.5%
+2.1 pts
HHI
1,550
Moderately concentrated+122
Portfolio Trend
9 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 45.6% | $26,598,800 |
| Healthcare | 37.9% | $22,130,725 |
| Technology | 6.7% | $3,895,232 |
| Financial Services | 3.5% | $2,067,601 |
| Utilities | 2.5% | $1,448,332 |
| Communication Services | 1.2% | $712,214 |
| Consumer Cyclical | 1.2% | $673,128 |
| Consumer Defensive | 1.1% | $617,331 |
| Energy | 0.4% | $228,426 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
12 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| IOVA | Iovance Biotherapeutics, Inc. | +10,000 | 120,000 | $421,200 | |
| SLV | iShares Silver Trust | +3,906 | 121,740 | $8,295,363 | |
| AQST | Aquestive Therapeutics, Inc. | +3,210 | 58,060 | $240,949 | |
| TEM | Tempus AI, Inc. | +3,000 | 14,000 | $633,080 | |
| KMB | Kimberly Clark Corp | +1,852 | 4,062 | $391,861 | |
| GLD | Spdr Gold Trust | +1,710 | 36,356 | $15,643,623 | |
| PANW | Palo Alto Networks Inc | +1,257 | 8,421 | $1,350,054 | |
| NVDA | Nvidia Corp | +618 | 6,082 | $1,060,700 | |
| AMZN | Amazon Com Inc | +571 | 3,232 | $673,128 | |
| MSFT | Microsoft Corp | +70 | 1,201 | $444,574 | |
| AAPL | Apple Inc. | +40 | 2,029 | $514,939 | |
| PG | PROCTER & GAMBLE Co | +25 | 1,561 | $225,470 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
5 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TALK | Talkspace, Inc. | −24,500 | 129,600 | $670,680 | |
| HALO | Halozyme Therapeutics, Inc. | −6,000 | 6,800 | $439,484 | |
| SPY | Spdr S&P 500 ETF Trust | −700 | 2,803 | $1,822,903 | |
| ABBV | AbbVie Inc. | −131 | 56,467 | $12,281,007 | |
| ABT | Abbott Laboratories | −5 | 67,002 | $6,879,095 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
6 positions
Sold Out
Positions the filer fully exited
9 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| MRNA | Moderna, Inc. | 25,010 | $737,544 | |
| PINS | Pinterest, Inc. | 20,050 | $519,094 | |
| UBER | Uber Technologies, Inc | 5,031 | $411,083 | |
| RXST | RxSight, Inc. | 23,850 | $248,517 | |
| FBTC | Fidelity Wise Origin Bitcoin Fund | 3,042 | $231,891 | |
| KTOS | Kratos Defense & Security Solutions, Inc. | 3,000 | $227,730 | |
| GOOGL | Alphabet Inc. | 648 | $202,824 | |
| GAMB | Gambling.com Group Ltd | 24,000 | $131,040 | |
| GDRX | GoodRx Holdings, Inc. | 30,800 | $83,468 | |
| No positions match the current search. | ||||
27 positions ·
$58,371,789 total
· as of Mar 31, 2026
All sectors
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| GLD |
Spdr Gold Trust
|
Added | 36,356 | $15,643,623 | 26.80% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 56,467 | $12,281,007 | 21.04% | |
| SLV |
iShares Silver Trust
|
Added | 121,740 | $8,295,363 | 14.21% | |
| ABT |
Abbott Laboratories
Healthcare
|
Reduced | 67,002 | $6,879,095 | 11.78% | |
| NIC |
Nicolet Bankshares Inc
Financial Services
|
Held | 13,912 | $2,067,601 | 3.54% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 2,803 | $1,822,903 | 3.12% | |
| LNT |
Alliant Energy Corp
Utilities
|
Held | 20,183 | $1,448,332 | 2.48% | |
| PANW |
Palo Alto Networks Inc
Technology
|
Added | 8,421 | $1,350,054 | 2.31% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 6,082 | $1,060,700 | 1.82% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Held | 1,450 | $836,911 | 1.43% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 3,232 | $673,128 | 1.15% | |
| TALK |
Talkspace, Inc.
Healthcare
|
Reduced | 129,600 | $670,680 | 1.15% | |
| TEM |
Tempus AI, Inc.
Healthcare
|
Added | 14,000 | $633,080 | 1.08% | |
| AAPL |
Apple Inc.
Technology
|
Added | 2,029 | $514,939 | 0.88% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 1,201 | $444,574 | 0.76% | |
| HALO |
Halozyme Therapeutics, Inc.
Healthcare
|
Reduced | 6,800 | $439,484 | 0.75% | |
| IOVA |
Iovance Biotherapeutics, Inc.
Healthcare
|
Added | 120,000 | $421,200 | 0.72% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
Added | 4,062 | $391,861 | 0.67% | |
| APP |
AppLovin Corp
Communication Services
|
NEW | 903 | $359,394 | 0.62% | |
| SNAP |
Snap Inc
Communication Services
|
NEW | 76,700 | $352,820 | 0.60% | |
| TMDX |
TransMedics Group, Inc.
Healthcare
|
Held | 3,000 | $298,230 | 0.51% | |
| RBRK |
Rubrik, Inc.
Technology
|
NEW | 6,000 | $293,820 | 0.50% | |
| MDLN |
Medline Inc.
Healthcare
|
NEW | 6,000 | $267,000 | 0.46% | |
| AQST |
Aquestive Therapeutics, Inc.
Healthcare
|
Added | 58,060 | $240,949 | 0.41% | |
| ASML |
Asml Holding NV
Technology
|
NEW | 175 | $231,145 | 0.40% | |
| LNG |
Cheniere Energy, Inc.
Energy
|
NEW | 805 | $228,426 | 0.39% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 1,561 | $225,470 | 0.39% |