9823 Capital, L.P.
Long book
$132.5M
Q1 2026
Positions
45
Top-10 weight
91%
concentration
Last quarter
+18.2%
SPY +14.8%
Turnover
80%
of book per quarter
Strategy in plain words
auto-generated from filings9823 Capital, L.P. is a concentrated fundamental stock-picker, specialised in technology (81% of the long book), running a $132.5M US long book across 45 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: APPLE INC, AMAZON.COM INC, INVESCO QQQ TRUST SERIES 1, SS SPDR S&P 500 ETF TRUST-US, ISHARES ULTRA SHORT DURATION.
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
-7.0%
Q1 2026
+18.2%
Sector allocation
Technology 81%
Consumer discretionary 15%
Services media 1%
Materials 0%
Financials 0%
Other 0%
Healthcare 0%
Industrials 0%
Long book by quarter
What does 9823 Capital, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 305.8K | $77.6M | 58.6% | -0.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 71.0K | $14.8M | 11.2% | -3.6% |
| MSFT MICROSOFT CORP | Technology | 6.5K | $2.4M | 1.8% | -1.6% |
| EBAY EBAY INC | Services media | 7.4K | $672K | 0.5% | New |
| LIN LINDE PLC | Materials | 945 | $468K | 0.4% | New |
| KR KROGER CO | Consumer discretionary | 6.4K | $465K | 0.4% | New |
| MRVL MARVELL TECHNOLOGY INC | Technology | 2.2K | $219K | 0.2% | New |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 1.4K | $210K | 0.2% | New |
| GE GENERAL ELECTRIC | Industrials | 736 | $209K | 0.2% | -60.6% |
| DKNG DRAFTKINGS INC-CL A | Services media | 9.6K | $208K | 0.2% | New |
| NRG NRG ENERGY INC | Utilities | 1.4K | $208K | 0.2% | New |
| CHWY CHEWY INC - CLASS A | Consumer discretionary | 7.6K | $204K | 0.2% | New |
| MU MICRON TECHNOLOGY INC | Technology | 602 | $203K | 0.2% | New |
| VFC VF CORP | Other | 11.4K | $194K | 0.1% | +13.1% |
| WT WISDOMTREE INC | Financials | 12.5K | $182K | 0.1% | New |
| CTOS CUSTOM TRUCK ONE SOURCE INC | Services media | 27.6K | $181K | 0.1% | New |
| STNE STONECO LTD-A | Technology | 12.8K | $180K | 0.1% | New |
| FL8 FLUSHING FINANCIAL CORP | — | 11.7K | $179K | 0.1% | New |
| PAGS PAGSEGURO DIGITAL LTD-CL A | Technology | 17.8K | $178K | 0.1% | -6.0% |
| LFST LIFESTANCE HEALTH GROUP INC | Healthcare | 27.9K | $178K | 0.1% | New |
| CCC CCC INTELLIGENT SOLUTIONS HO | Technology | 29.6K | $177K | 0.1% | New |
| ASAN ASANA INC - CL A | Technology | 27.7K | $177K | 0.1% | New |
| NMRK NEWMARK GROUP INC-CLASS A | Real estate | 11.8K | $177K | 0.1% | New |
| STGW STAGWELL INC | Services media | 28.1K | $177K | 0.1% | New |
| PD PAGERDUTY INC | Technology | 28.4K | $176K | 0.1% | New |
| NPCE NEUROPACE INC | Healthcare | 13.3K | $175K | 0.1% | New |
| CXM SPRINKLR INC-A | Technology | 29.0K | $174K | 0.1% | New |
| CRGY CRESCENT ENERGY INC-A | Energy | 12.8K | $173K | 0.1% | New |
| FRSH FRESHWORKS INC-CL A | Technology | 21.5K | $173K | 0.1% | New |
| SBGI SINCLAIR INC | Communications | 13.3K | $172K | 0.1% | New |
| GTM ZOOMINFO TECHNOLOGIES INC | Technology | 28.6K | $171K | 0.1% | New |
| SAIL SAILPOINT INC | Technology | 12.4K | $164K | 0.1% | New |
| GCMG GCM GROSVENOR INC - CLASS A | Financials | 15.8K | $155K | 0.1% | New |
| LSAK LESAKA TECHNOLOGIES INC | Financials | 19.6K | $100K | 0.1% | Held |