1832 Asset Management L.P.
Filing Date
Global Rank
#101
/ 8,578
▼ 2
Top Industry
Banks - Diversified
12.5%
3Y Alpha vs SPY
-6.2%
Period ended 3 months ago
Filed May 14, 2026 · 32d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+51.4%
SPY
+77.5%
Annualised alpha
-6.2%
Max drawdown
−16.2%
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
542 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
3.9%
−0.1 pts
Top 5
16.0%
−0.9 pts
Top 10
26.8%
−0.6 pts
HHI
128
Diversified−2
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 21.9% | $15,725,067,537 |
| Technology | 20.4% | $14,665,489,703 |
| Industrials | 14.4% | $10,312,739,834 |
| Energy | 11.1% | $7,959,510,866 |
| Consumer Cyclical | 8.0% | $5,765,597,224 |
| Healthcare | 6.8% | $4,883,445,005 |
| Basic Materials | 6.5% | $4,631,701,888 |
| Communication Services | 4.5% | $3,256,360,007 |
| Utilities | 2.3% | $1,671,821,666 |
| Consumer Defensive | 2.1% | $1,509,802,378 |
| Real Estate | 1.9% | $1,333,532,056 |
| Unclassified | 0.1% | $64,670,617 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| KGC | Kinross Gold Corp | +5,463,058 | 12,454,068 | $380,098,155 | |
| BSX | Boston Scientific Corp | +5,051,088 | 7,252,746 | $455,109,811 | |
| OTEX | Open Text Corp | +3,645,536 | 27,238,523 | $605,784,751 | |
| CVE | Cenovus Energy Inc. | +3,220,474 | 3,268,153 | $86,704,099 | |
| SHOP | Shopify Inc. | +2,374,324 | 10,187,742 | $1,208,469,956 | |
| NVDA | Nvidia Corp | +2,336,847 | 9,466,648 | $1,650,983,411 | |
| TRI | Thomson Reuters Corp /Can/ | +1,980,886 | 7,235,355 | $651,037,242 | |
| TTWO | Take Two Interactive Software Inc | +1,598,200 | 1,648,200 | $325,519,500 | |
| XOM | Exxon Mobil Corp | +1,569,571 | 2,536,468 | $430,337,160 | |
| IOT | Samsara Inc. | +1,522,593 | 4,325,300 | $137,068,757 | |
| WCN | Waste Connections, Inc. | +1,461,575 | 7,113,604 | $1,155,533,833 | |
| WPM | Wheaton Precious Metals Corp. | +1,366,695 | 1,766,245 | $231,395,757 | |
| RSI | Rush Street Interactive, Inc. | +1,262,400 | 1,658,200 | $36,065,850 | |
| DSGX | Descartes Systems Group Inc | +1,239,493 | 3,833,793 | $274,346,227 | |
| AEP | American Electric Power Co Inc | +1,131,904 | 1,183,459 | $155,127,805 | |
| NFLX | Netflix Inc | +1,129,962 | 4,635,918 | $445,743,515 | |
| TTE | TotalEnergies SE | +1,095,709 | 1,209,883 | $110,075,155 | |
| CVX | Chevron Corp | +1,065,098 | 1,099,798 | $227,548,206 | |
| TECK | Teck Resources Ltd | +1,008,428 | 2,738,808 | $141,733,314 | |
| ETR | Entergy Corp /De/ | +980,138 | 2,381,087 | $267,538,935 | |
| BCE | Bce Inc | +968,200 | 2,354,751 | $59,433,915 | |
| DHR | Danaher Corp /De/ | +899,042 | 2,334,521 | $442,625,181 | |
| ANET | Arista Networks, Inc. | +854,528 | 1,563,143 | $191,922,697 | |
| CIGI | Colliers International Group Inc. | +821,736 | 3,224,175 | $344,632,065 | |
| NEE | Nextera Energy Inc | +771,453 | 1,353,916 | $125,751,718 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TU | Telus Corp | −8,188,596 | 24,824,378 | $318,496,769 | |
| CAE | Cae Inc | −5,806,462 | 16,395,507 | $427,102,957 | |
| CNQ | Canadian Natural Resources Ltd | −3,545,621 | 27,936,558 | $1,361,348,471 | |
| RKT | Rocket Companies, Inc. | −2,800,159 | 17,124 | $244,017 | |
| BN | BROOKFIELD Corp /ON/ | −2,601,094 | 42,945,630 | $1,738,009,646 | |
| BAC | Bank Of America Corp /De/ | −2,593,356 | 322,403 | $15,717,146 | |
| TRP | Tc Energy Corp | −2,474,486 | 22,038,036 | $1,379,581,053 | |
| TOST | Toast, Inc. | −2,331,800 | 1,732,400 | $45,925,924 | |
| CSCO | Cisco Systems, Inc. | −2,326,009 | 5,447,085 | $422,639,325 | |
| HDB | Hdfc Bank Ltd | −2,153,691 | 3,576,736 | $88,989,191 | |
| C | Citigroup Inc | −2,077,318 | 490,053 | $55,576,910 | |
| TD | Toronto Dominion Bank | −1,943,626 | 30,345,986 | $2,831,583,953 | |
| WFC | Wells Fargo & Company/Mn | −1,860,815 | 1,844,873 | $146,870,339 | |
| RCI | Rogers Communications Inc | −1,781,872 | 8,271,426 | $318,036,329 | |
| WMT | Walmart Inc. | −1,746,607 | 1,721,160 | $213,905,764 | |
| GOOGL | Alphabet Inc. | −1,706,279 | 3,848,693 | $1,106,730,159 | |
| NU | Nu Holdings Ltd. | −1,637,105 | 4,611,965 | $66,273,937 | |
| SU | Suncor Energy Inc | −1,599,612 | 16,192,065 | $1,070,457,417 | |
| BIPH | Brookfield Infrastructure Partners L.P. | −1,515,887 | 7,668,570 | $276,988,748 | |
| ENB | Enbridge Inc | −1,510,810 | 29,071,069 | $1,573,907,675 | |
| NTR | Nutrien Ltd. | −1,428,225 | 6,403,823 | $483,232,483 | |
| MS | Morgan Stanley | −1,271,163 | 29,361 | $4,831,939 | |
| FCX | Freeport-Mcmoran Inc | −1,216,136 | 16,792 | $987,033 | |
| SLF | Sun Life Financial Inc | −1,144,360 | 9,063,878 | $567,036,207 | |
| FROG | JFrog Ltd | −1,114,200 | 326,300 | $15,313,259 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AXON | Axon Enterprise, Inc. | 300,350 | $127,555,641 | |
| AZN | Astrazeneca PLC | 641,315 | $126,480,144 | |
| CAVA | Cava Group, Inc. | 1,519,200 | $122,903,280 | |
| SUNB | Sunbelt Rentals Holdings, Inc. | 1,687,518 | $109,840,546 | |
| KEYS | Keysight Technologies, Inc. | 385,239 | $108,779,936 | |
| PWR | Quanta Services, Inc. | 189,653 | $104,123,290 | |
| DELL | Dell Technologies Inc. | 630,676 | $103,512,851 | |
| SLB | Slb Limited/Nv | 1,938,558 | $99,622,495 | |
| CHRW | C. H. Robinson Worldwide, Inc. | 355,320 | $59,007,992 | |
| CLS | Celestica Inc | 178,575 | $50,301,006 | |
| BKR | Baker Hughes Co | 768,810 | $46,935,850 | |
| ARM | Arm Holdings PLC /Uk | 300,000 | $45,384,000 | |
| NBIS | Nebius Group N.V. | 260,700 | $27,050,232 | |
| TSEM | Tower Semiconductor Ltd | 115,189 | $20,213,365 | |
| MTZ | Mastec Inc | 61,000 | $19,626,140 | |
| WAB | Westinghouse Air Brake Technologies Corp | 77,652 | $19,406,011 | |
| WDAY | Workday, Inc. | 143,800 | $18,682,496 | |
| WBD | Warner Bros. Discovery, Inc. | 630,000 | $17,299,800 | |
| BRZE | Braze, Inc. | 730,900 | $17,256,549 | |
| MDA | MDA Space Ltd. | 489,599 | $12,396,646 | |
| ROK | Rockwell Automation, Inc | 24,465 | $8,779,999 | |
| OVV | Ovintiv Inc. | 127,448 | $7,565,313 | |
| DOCN | DigitalOcean Holdings, Inc. | 83,600 | $7,171,208 | |
| HSLV | Highlander Silver Corp. | 1,191,110 | $7,003,726 | |
| SKE | Skeena Resources Ltd | 180,000 | $5,349,600 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| GRTUF | Granite Real Estate Investment Trust | 4,774,189 | $282,584,246 | |
| ALNY | Alnylam Pharmaceuticals, Inc. | 440,145 | $175,023,659 | |
| GM | General Motors Co | 2,038,235 | $165,749,270 | |
| SCCO | Southern Copper Corp/ | 1,047,019 | $149,023,575 | |
| ULTA | Ulta Beauty, Inc. | 231,637 | $140,142,701 | |
| AFRM | Affirm Holdings, Inc. | 1,782,700 | $132,686,361 | |
| TEVA | Teva Pharmaceutical Industries Ltd | 3,718,454 | $116,052,949 | |
| RL | Ralph Lauren Corp | 233,118 | $82,432,855 | |
| RBRK | Rubrik, Inc. | 1,022,300 | $78,185,504 | |
| RDDT | Reddit, Inc. | 331,587 | $76,221,903 | |
| ASND | Ascendis Pharma A/S | 110,000 | $23,456,400 | |
| CARR | CARRIER GLOBAL Corp | 402,177 | $21,251,032 | |
| DASH | DoorDash, Inc. | 81,780 | $18,521,534 | |
| NOC | Northrop Grumman Corp /De/ | 28,000 | $15,965,880 | |
| WULF | Terawulf Inc. | 1,194,848 | $13,728,803 | |
| BCS | Barclays PLC | 535,000 | $13,615,750 | |
| BXP | BXP, Inc. | 189,304 | $12,774,233 | |
| CCI | Crown Castle Inc. | 121,613 | $10,807,747 | |
| XPO | XPO, Inc. | 73,000 | $9,921,430 | |
| KIM | Kimco Realty Corp | 334,915 | $6,788,727 | |
| U | Unity Software Inc. | 148,500 | $6,559,245 | |
| RKLB | Rocket Lab Corp | 92,400 | $6,445,824 | |
| XMTR | Xometry, Inc. | 93,300 | $5,548,551 | |
| TTAN | ServiceTitan, Inc. | 51,400 | $5,474,100 | |
| HOOD | Robinhood Markets, Inc. | 47,200 | $5,338,320 | |
| No positions match the current search. | ||||
39 positions ·
$4,631,701,888 total
· Basic Materials 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 |
|---|---|---|---|---|---|---|
| AEM |
Agnico Eagle Mines Ltd
Basic Materials
|
Added | 3,918,282 | $795,332,880 | 17.17% | |
| FNV |
FRANCO NEVADA Corp
Basic Materials
|
Added | 2,609,825 | $644,757,266 | 13.92% | |
| SHW |
Sherwin Williams Co
Basic Materials
|
Reduced | 1,597,905 | $512,208,447 | 11.06% | |
| NTR |
Nutrien Ltd.
Basic Materials
|
Reduced | 6,403,823 | $483,232,483 | 10.43% | |
| KGC |
Kinross Gold Corp
Basic Materials
|
Added | 12,454,068 | $380,098,155 | 8.21% | |
| LIN |
Linde PLC
Basic Materials
|
Added | 755,338 | $374,466,366 | 8.08% | |
| WPM |
Wheaton Precious Metals Corp.
Basic Materials
|
Added | 1,766,245 | $231,395,757 | 5.00% | |
| AGI |
Alamos Gold Inc
Basic Materials
|
Added | 4,416,697 | $196,233,847 | 4.24% | |
| CRH |
Crh Public Ltd Co
Basic Materials
|
Reduced | 1,765,475 | $185,586,732 | 4.01% | |
| TECK |
Teck Resources Ltd
Basic Materials
|
Added | 2,738,808 | $141,733,314 | 3.06% | |
| NEM |
NEWMONT Corp /DE/
Basic Materials
|
Added | 1,263,846 | $136,811,329 | 2.95% | |
| WFG |
West Fraser Timber Co., Ltd
Basic Materials
|
Added | 1,757,430 | $114,742,604 | 2.48% | |
| VMC |
Vulcan Materials CO
Basic Materials
|
Added | 312,500 | $85,093,750 | 1.84% | |
| ASH |
Ashland Inc.
Basic Materials
|
Reduced | 1,415,420 | $78,711,506 | 1.70% | |
| AMRZ |
Amrize Ltd
Basic Materials
|
Reduced | 1,400,120 | $78,434,722 | 1.69% | |
| RIO |
Rio Tinto PLC
Basic Materials
|
Added | 640,080 | $59,713,063 | 1.29% | |
| ECL |
Ecolab Inc.
Basic Materials
|
Added | 120,954 | $32,176,183 | 0.69% | |
| B |
Barrick Mining Corp
Basic Materials
|
Reduced | 380,360 | $15,514,884 | 0.33% | |
| CF |
CF Industries Holdings, Inc.
Basic Materials
|
Reduced | 81,564 | $10,590,269 | 0.23% | |
| ERO |
Ero Copper Corp.
Basic Materials
|
Added | 350,000 | $9,334,500 | 0.20% | |
| OR |
OR Royalties Inc.
Basic Materials
|
Added | 233,563 | $8,880,065 | 0.19% | |
| TFPM |
Triple Flag Precious Metals Corp.
Basic Materials
|
Reduced | 254,290 | $8,826,405 | 0.19% | |
| HBM |
Hudbay Minerals Inc.
Basic Materials
|
Reduced | 355,201 | $7,423,700 | 0.16% | |
| HSLV |
Highlander Silver Corp.
Basic Materials
|
NEW | 1,191,110 | $7,003,726 | 0.15% | |
| IFF |
International Flavors & Fragrances Inc
Basic Materials
|
Added | 78,880 | $5,722,744 | 0.12% | |
| SKE |
Skeena Resources Ltd
Basic Materials
|
NEW | 180,000 | $5,349,600 | 0.12% | |
| SOLS |
Solstice Advanced Materials Inc.
Basic Materials
|
NEW | 65,584 | $4,994,877 | 0.11% | |
| RPM |
Rpm International Inc/De/
Basic Materials
|
Reduced | 43,000 | $4,274,200 | 0.09% | |
| CTVA |
Corteva, Inc.
Basic Materials
|
Added | 37,978 | $3,179,138 | 0.07% | |
| AU |
AngloGold Ashanti PLC
Basic Materials
|
Reduced | 32,500 | $3,164,200 | 0.07% | |
| RGLD |
Royal Gold Inc
Basic Materials
|
Added | 10,500 | $2,672,145 | 0.06% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Reduced | 16,792 | $987,033 | 0.02% | |
| EXP |
Eagle Materials Inc
Basic Materials
|
Reduced | 4,259 | $806,867 | 0.02% | |
| APD |
Air Products & Chemicals, Inc.
Basic Materials
|
NEW | 2,294 | $666,384 | 0.01% | |
| BTG |
B2gold Corp
Basic Materials
|
Added | 100,000 | $453,000 | 0.01% | |
| CDE |
Coeur Mining, Inc.
Basic Materials
|
NEW | 22,168 | $416,093 | 0.01% | |
| STLD |
Steel Dynamics Inc
Basic Materials
|
Reduced | 2,121 | $381,780 | 0.01% | |
| SMG |
Scotts Miracle-Gro Co
Basic Materials
|
NEW | 4,660 | $283,374 | 0.01% | |
| NFGC |
New Found Gold Corp.
Basic Materials
|
Held | 25,000 | $48,500 | 0.00% |