4D Advisors, LLC

Fundamental diversified ★Signal CIK 1938268
League rank
#45
in Fundamental diversified · #237 overall
Long book
$157.8M
Q1 2026
Positions
34
Top-10 weight
44%
concentration
Last quarter
+27.8%
SPY +14.8%
Turnover
69%
of book per quarter

Strategy in plain words

auto-generated from filings

4D Advisors, LLC is a diversified fundamental manager, running a $157.8M US long book across 34 positions.

The portfolio is moderately concentrated (top 10 ≈ 44% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: WASTE MANAGEMENT INC, AMERICAN PUBLIC EDUCATION, HUNT (JB) TRANSPRT SVCS INC, OLD DOMINION FREIGHT LINE, PERMIAN RESOURCES CORP-CL A.

Over the last 6 quarters its long book ran on average 3.3pp per quarter ahead of the S&P 500, beating the index in 4 of 6 quarters. 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 2024
-13.9%
Q1 2025
+14.4%
Q2 2025
+16.3%
Q3 2025
-1.7%
Q4 2025
+4.9%
Q1 2026
+27.8%

Sector allocation

Industrials
40%
Technology
24%
Utilities
9%
Other
6%
Services media
5%
Consumer staples
5%
Materials
5%
Energy
4%

Long book by quarter

$142.5M
Q4 2024
$128.7M
Q1 2025
$186.0M
Q2 2025
$187.8M
Q3 2025
$182.5M
Q4 2025
$157.8M
Q1 2026

What does 4D Advisors, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
WM WASTE MANAGEMENT INCUtilities40.0K$9.2M5.8%New
APEI AMERICAN PUBLIC EDUCATIONServices media150.0K$8.5M5.4%-14.3%
JBHT HUNT (JB) TRANSPRT SVCS INCIndustrials40.0K$8.5M5.4%New
ODFL OLD DOMINION FREIGHT LINEIndustrials40.0K$7.8M5.0%New
PR PERMIAN RESOURCES CORP-CL AEnergy300.0K$6.4M4.1%New
ONTO ONTO INNOVATION INCOther30.0K$6.2M3.9%Held
COHU COHU INCTechnology185.0K$5.7M3.6%-7.5%
TPB TURNING POINT BRANDS INCConsumer staples65.0K$5.6M3.6%-43.5%
FIX COMFORT SYSTEMS USA INCIndustrials4.0K$5.5M3.5%-20.0%
FSS FEDERAL SIGNAL CORPIndustrials50.0K$5.4M3.4%-28.6%
CWST CASELLA WASTE SYSTEMS INC-AUtilities65.0K$5.2M3.3%-31.6%
AEIS ADVANCED ENERGY INDUSTRIESTechnology15.0K$4.8M3.1%Held
UCTT ULTRA CLEAN HOLDINGS INCTechnology75.0K$4.7M3.0%-44.4%
ICHR ICHOR HOLDINGS LTDTechnology100.0K$4.7M3.0%New
MRTN MARTEN TRANSPORT LTDIndustrials350.0K$4.6M2.9%New
MPWR MONOLITHIC POWER SYSTEMS INCTechnology4.0K$4.4M2.8%Held
AXON AXON ENTERPRISE INCIndustrials10.0K$4.2M2.7%-20.0%
MYRG MYR GROUP INC/DELAWAREIndustrials15.0K$4.2M2.7%New
KNF KNIFE RIVER CORPMaterials50.0K$4.1M2.6%Held
KLIC KULICKE & SOFFA INDUSTRIESTechnology60.0K$3.9M2.5%New
XPO XPO INCIndustrials20.0K$3.9M2.5%New
CECO CECO ENVIRONMENTAL CORPIndustrials65.0K$3.9M2.5%New
KNX KNIGHT-SWIFT TRANSPORTATIONIndustrials65.0K$3.7M2.4%-13.3%
CVLG COVENANT LOGISTICS GROUP INCIndustrials135.0K$3.7M2.3%New
POWL POWELL INDUSTRIES INCIndustrials6.5K$3.5M2.2%New
AEBI AEBI SCHMIDT HOLDING AGIndustrials350.0K$3.4M2.2%New
BHE BENCHMARK ELECTRONICS INCTechnology60.0K$3.4M2.1%New
CSL CARLISLE COS INCOther10.0K$3.3M2.1%-50.0%
SHLS SHOALS TECHNOLOGIES GROUP -ATechnology500.0K$3.3M2.1%New
NEM NEWMONT CORPMaterials30.0K$3.2M2.1%-40.0%
CACI CACI INTERNATIONAL INC -CL ATechnology5.5K$3.0M1.9%New
BOOT BOOT BARN HOLDINGS INCConsumer discretionary20.0K$2.9M1.9%Held
CELH CELSIUS HOLDINGS INCConsumer staples75.0K$2.7M1.7%-46.4%
FANG DIAMONDBACK ENERGY INCEnergy1.4K$281K0.2%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202634$157.8M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202637$182.5M canonicalSEC ↗
Q3 202513F-HRNov 14, 202533$187.8M canonicalSEC ↗
Q2 202513F-HRAug 14, 202534$186.0M canonicalSEC ↗
Q1 202513F-HRMay 15, 202532$128.7M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202535$143.5M canonicalSEC ↗