Longboard Asset Management, LP
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Feb 2026 to Oct 2026 | $103,758,609 | Registered funds and BDCs (100%) |
| Apr 2025 to Jan 2026 | $141,690,876 | Registered funds and BDCs (100%) |
| Apr 2024 to Mar 2025 | $116,242,512 | Registered funds and BDCs (100%) |
| May 2023 to Mar 2024 | $137,092,690 | Registered funds and BDCs (100%) |
| Apr 2023 | $137,092,690 | Registered funds and BDCs (100%) |
| Apr 2022 to Mar 2023 | $142,733,933 | Registered funds and BDCs (100%) |
In the firm's words
- Quantitative / systematic:
The core of the Fund's approach lies in identifying and capitalizing on persistent trends in various markets using quantitative models and disciplined risk management.
- Income:
to the Cash Management strategy in order to generate interest income by capturing the yield on excess cash.
- Fixed income / rates:
The Cash Management strategy is designed to generate absolute returns from interest income with less volatility than equity markets by investing primarily in (i) U.S. Dollardenominated fixed income securities
- Multi-asset:
Under normal market conditions, the Fund’s assets are allocated among the three strategies according to the Fund’s asset allocation model which, consistent with the Fund’s secondary benchmark, the SG Trend Index, targets risk levels generally equivalent to the systematic trend category at large.
- Long/short hedge:
The Adviser seeks to limit downside risk by using rules-based stop losses on stock positions and holding cash or short positions in index futures contracts or ETFs.
- Wealth management / planning:
When managing separately managed accounts for high-net-worth clients, the Firm considers each client’s investment objectives, risk tolerance, liquidity needs, time horizon, tax considerations, and other relevant circumstances.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.
Closest benchmark: the Russell 2000 as of 2026-06-30, active share 99.0%; sector active share 70.4% against the combined 13F book's sector weights.
Over time 7 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 backtestPortfolio Concentration
21 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026Portfolio Trend
Sector Breakdown
As of Sep 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 38.1% | $1,417,307 |
| Real Estate | 26.7% | $990,847 |
| Utilities | 22.4% | $832,049 |
| Healthcare | 12.9% | $477,780 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedTrimmed
Positions the filer reducedNew Positions
Positions the filer opened this quarterSold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| LNT | Alliant Energy Corp | 3,522 | $268,693 | |
| CMS | Cms Energy Corp | 2,982 | $228,123 | |
| AVA | Avista Corp | 5,506 | $225,250 | |
| CINF | Cincinnati Financial Corp | 1,203 | $222,723 | |
| HMN | Horace Mann Educators Corp | 4,310 | $222,611 | |
| D | Dominion Energy, Inc | 3,196 | $218,254 | |
| — | 2,792 | $213,364 | ||
| EXC | Exelon Corp | 4,366 | $203,542 | |
| CSX | Csx Corp | 4,270 | $202,953 | |
| GTX | Garrett Motion Inc. | 5,599 | $202,851 | |
| POR | Portland General Electric Co | 3,904 | $202,344 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AFL |
Aflac Inc
Financial Services
|
Held | 2,302 | $257,317 | 6.92% | |
| DGX |
Quest Diagnostics Inc
Healthcare
|
Held | 1,036 | $241,460 | 6.49% | |
| LH |
Labcorp Holdings Inc.
Healthcare
|
Held | 767 | $236,320 | 6.36% | |
| THG |
Hanover Insurance Group, Inc.
Financial Services
|
Held | 1,074 | $229,964 | 6.19% | |
| IVT |
InvenTrust Properties Corp.
Real Estate
|
Held | 7,572 | $228,295 | 6.14% | |
| GL |
Globe Life Inc.
Financial Services
|
Held | 1,354 | $224,290 | 6.03% | |
| AEE |
Ameren Corp
Utilities
|
Held | 2,147 | $213,368 | 5.74% | |
| SO |
Southern Co
Utilities
|
Held | 2,573 | $213,275 | 5.74% | |
| CNP |
Centerpoint Energy Inc
Utilities
|
Held | 5,516 | $202,988 | 5.46% | |
| XEL |
Xcel Energy Inc
Utilities
|
Held | 2,872 | $202,418 | 5.44% | |
| REG |
Regency Centers Corp
Real Estate
|
Held | 2,803 | $201,479 | 5.42% | |
| FNB |
Fnb Corp
Financial Services
|
Held | 11,012 | $189,516 | 5.10% | |
| DX |
Dynex Capital Inc
Real Estate
|
Held | 15,285 | $170,274 | 4.58% | |
| NWBI |
Northwest Bancshares, Inc.
Financial Services
|
Held | 10,717 | $159,040 | 4.28% | |
| CLBK |
Columbia Financial, Inc.
Financial Services
|
NEW | 14,368 | $158,910 | 4.27% | |
| SHO |
Sunstone Hotel Investors, Inc.
Real Estate
|
Held | 10,797 | $121,034 | 3.26% | |
| AGNC |
AGNC Investment Corp.
Real Estate
|
NEW | 12,466 | $113,066 | 3.04% | |
| GNW |
Genworth Financial Inc
Financial Services
|
NEW | 11,842 | $106,222 | 2.86% | |
| KRNY |
Kearny Financial Corp.
Financial Services
|
NEW | 10,049 | $92,048 | 2.48% | |
| MFA |
Mfa Financial, Inc.
Real Estate
|
Held | 11,153 | $87,551 | 2.35% | |
| ARI |
Apollo Commercial Real Estate Finance, Inc.
Real Estate
|
Held | 11,153 | $69,148 | 1.86% |
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.