1492 Capital Management LLC

Other Low signal CIK 1584087
League rank
#13
in Other · #134 overall
Long book
$262.5M
Q1 2026
Positions
128
Top-10 weight
28%
concentration
Last quarter
+33.9%
SPY +14.8%
Turnover
32%
of book per quarter

Strategy in plain words

auto-generated from filings

1492 Capital Management LLC is an institutional manager, running a $262.5M US long book across 128 positions.

The portfolio is moderately concentrated (top 10 ≈ 28% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: CARPENTER TECHNOLOGY, APPLIED OPTOELECTRONICS INC, ADTRAN HOLDINGS INC, ZETA GLOBAL HOLDINGS CORP-A, LUMENTUM HOLDINGS INC.

Over the last 9 quarters its long book ran on average 3.4pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.7%
Q2 2024
+14.1%
Q3 2024
+4.7%
Q4 2024
-11.1%
Q1 2025
+17.4%
Q2 2025
+6.4%
Q3 2025
+2.0%
Q4 2025
+0.6%
Q1 2026
+33.9%

Sector allocation

Technology
30%
Industrials
26%
Financials
13%
Services media
9%
Healthcare
8%
Other
4%
Materials
3%
Consumer discretionary
3%

Long book by quarter

$179.2M
Q1 2024
$176.3M
Q2 2024
$199.4M
Q3 2024
$209.5M
Q4 2024
$185.2M
Q1 2025
$216.3M
Q2 2025
$246.6M
Q3 2025
$254.2M
Q4 2025
$262.5M
Q1 2026

What does 1492 Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CRS CARPENTER TECHNOLOGYIndustrials29.2K$11.5M4.4%+1.5%
AAOI APPLIED OPTOELECTRONICS INCTechnology125.1K$10.6M4.0%-42.1%
ADTN ADTRAN HOLDINGS INCTechnology625.0K$7.9M3.0%+6.8%
ZETA ZETA GLOBAL HOLDINGS CORP-ATechnology410.3K$6.5M2.5%-0.2%
LITE LUMENTUM HOLDINGS INCTechnology9.0K$6.3M2.4%-25.3%
IMAX IMAX CORPOther162.1K$6.2M2.3%-0.3%
CPA COPA HOLDINGS SA-CLASS AIndustrials53.7K$6.1M2.3%-11.6%
ATI ATI INCIndustrials41.9K$6.1M2.3%-1.0%
SF STIFEL FINANCIAL CORPFinancials80.9K$6.0M2.3%+50.9%
ALHC ALIGNMENT HEALTHCARE INCFinancials324.0K$5.7M2.2%-0.3%
MTH MERITAGE HOMES CORPIndustrials91.1K$5.6M2.1%+26.6%
MXL MAXLINEAR INCTechnology316.8K$5.5M2.1%-0.3%
KALU KAISER ALUMINUM CORPIndustrials43.5K$5.2M2.0%+11.6%
TCBX THIRD COAST BANCSHARES INCFinancials132.8K$5.0M1.9%+63.6%
STRL STERLING INFRASTRUCTURE INCIndustrials11.7K$4.8M1.8%-9.7%
HQY HEALTHEQUITY INCServices media55.8K$4.7M1.8%-0.3%
JEF JEFFERIES FINANCIAL GROUP INFinancials107.8K$4.4M1.7%+13.5%
PEGA PEGASYSTEMS INCTechnology98.6K$4.2M1.6%-0.2%
MGNI MAGNITE INCTechnology340.5K$4.0M1.5%-0.3%
KURA KURA ONCOLOGY INCHealthcare486.1K$4.0M1.5%+7.4%
ADPT ADAPTIVE BIOTECHNOLOGIESHealthcare281.1K$3.9M1.5%+207.6%
GVA GRANITE CONSTRUCTION INCIndustrials32.3K$3.9M1.5%+4.2%
PRIM PRIMORIS SERVICES CORPIndustrials26.7K$3.8M1.5%-12.1%
AIOT POWERFLEET INCTechnology1.2M$3.8M1.5%New
ASTH ASTRANA HEALTH INCServices media153.7K$3.8M1.4%-8.4%
PLOW DOUGLAS DYNAMICS INCIndustrials88.7K$3.7M1.4%+4.0%
PR PERMIAN RESOURCES CORP-CL AEnergy173.8K$3.7M1.4%-0.2%
CBT CABOT CORPOther48.1K$3.6M1.4%New
NVGS NAVIGATOR HOLDINGS LTDIndustrials178.0K$3.4M1.3%+4.2%
AUB ATLANTIC UNION BANKSHARES COFinancials91.2K$3.3M1.2%+40.8%
GENI GENIUS SPORTS LTDServices media729.4K$3.2M1.2%+17.0%
AXSM AXSOME THERAPEUTICS INCHealthcare18.6K$3.1M1.2%+2.9%
SFNC SIMMONS FIRST NATL CORP-CL AFinancials157.7K$3.1M1.2%New
INR INFINITY NATURAL RESOUR-CL AEnergy173.3K$3.1M1.2%-33.1%
KBH KB HOMEIndustrials58.7K$3.0M1.2%New
ICHR ICHOR HOLDINGS LTDTechnology62.6K$2.9M1.1%New
ARQT ARCUTIS BIOTHERAPEUTICS INCHealthcare118.2K$2.8M1.1%New
MHO M/I HOMES INCIndustrials22.0K$2.7M1.0%+41.5%
INDI INDIE SEMICONDUCTOR INC-ATechnology806.7K$2.6M1.0%+24.0%
NPKI NPK INTERNATIONAL INCServices media176.0K$2.6M1.0%-0.9%
WSBC WESBANCO INCFinancials73.5K$2.5M1.0%+3.7%
GDYN GRID DYNAMICS HOLDINGS INCTechnology441.8K$2.5M1.0%-45.5%
DT DYNATRACE INCTechnology67.5K$2.5M1.0%+38.5%
ARLO ARLO TECHNOLOGIES INCServices media174.1K$2.5M0.9%+786.7%
AMKR AMKOR TECHNOLOGY INCTechnology49.3K$2.2M0.8%-29.1%
GSM FERROGLOBE PLCMaterials519.4K$2.1M0.8%+12.6%
LNTH LANTHEUS HOLDINGS INCMaterials27.4K$2.1M0.8%New
SN SHARKNINJA INCIndustrials18.9K$2.0M0.8%-0.1%
SRAD SPORTRADAR GROUP AG-ATechnology116.7K$2.0M0.7%-38.6%
PAYO PAYONEER GLOBAL INCServices media386.5K$1.9M0.7%-0.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 22, 2026130$262.6M canonicalSEC ↗
Q4 202513F-HRFeb 10, 2026117$261.1M canonicalSEC ↗
Q3 202513F-HRNov 13, 2025113$247.2M canonicalSEC ↗
Q2 202513F-HRAug 13, 2025113$217.1M canonicalSEC ↗
Q1 202513F-HRMay 6, 2025112$185.8M canonicalSEC ↗
Q4 202413F-HRFeb 13, 2025109$210.3M canonicalSEC ↗
Q3 202413F-HRNov 13, 2024100$200.3M canonicalSEC ↗
Q2 202413F-HRAug 13, 202496$177.0M canonicalSEC ↗
Q1 202413F-HRMay 13, 202494$179.7M canonicalSEC ↗