22C Capital LLC

Fundamental diversified ★Signal services_media specialist (100%) CIK 2075659
Long book
$86.0M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+30.8%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

22C Capital LLC is a diversified fundamental manager, specialised in services_media (100% of the long book), running a $86.0M US long book across 1 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: CBIZ INC.

We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2025
-46.8%
Q1 2026
+30.8%

Sector allocation

Services media
100%

Long book by quarter

$161.6M
Q4 2025
$86.0M
Q1 2026

What does 22C Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CBZ CBIZ INCServices media3.2M$86.0M100.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20261$86.0M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20261$161.6M canonicalSEC ↗