ACADIAN ASSET MANAGEMENT LLC

Quant stat arb Low signal CIK 916542
League rank
#57
in Quant stat arb · #1431 overall
Long book
$70.49B
Q1 2026
Positions
2011
Top-10 weight
24%
concentration
Last quarter
+15.4%
SPY +14.8%
Turnover
28%
of book per quarter

Strategy in plain words

auto-generated from filings

ACADIAN ASSET MANAGEMENT LLC is a quantitative fund whose holdings reflect models, not opinions, running a $70.49B US long book across 2011 positions.

The portfolio is broadly diversified across 2011 positions (top 10 only 24%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: APPLE INC, NVIDIA CORP, ALPHABET INC-CL A, MICROSOFT CORP, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.3pp per quarter behind 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
+1.7%
Q2 2024
+4.9%
Q3 2024
+2.8%
Q4 2024
-3.1%
Q1 2025
+11.4%
Q2 2025
+6.6%
Q3 2025
+2.0%
Q4 2025
-3.7%
Q1 2026
+15.4%

Sector allocation

Technology
36%
Financials
14%
Healthcare
10%
Industrials
10%
Consumer discretionary
8%
Other
6%
Energy
4%
Services media
4%

Long book by quarter

$28.70B
Q1 2024
$32.47B
Q2 2024
$32.18B
Q3 2024
$34.47B
Q4 2024
$35.38B
Q1 2025
$48.44B
Q2 2025
$57.30B
Q3 2025
$60.90B
Q4 2025
$70.49B
Q1 2026

What does ACADIAN ASSET own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology15.3M$3.89B5.5%+39.9%
NVDA NVIDIA CORPTechnology18.7M$3.25B4.6%+8.3%
GOOGL ALPHABET INC-CL ATechnology8.2M$2.35B3.3%+38.3%
MSFT MICROSOFT CORPTechnology5.0M$1.86B2.6%+27.0%
AMZN AMAZON.COM INCConsumer discretionary6.1M$1.28B1.8%+25.7%
BNS BANK OF NOVA SCOTIAFinancials15.0M$1.04B1.5%+16.7%
GOOG ALPHABET INC-CL CTechnology3.3M$941.0M1.3%+75.5%
JPM JPMORGAN CHASE & COFinancials3.1M$919.9M1.3%+7.5%
PEP PEPSICO INCConsumer staples5.6M$869.6M1.2%+384.9%
AVGO BROADCOM INCTechnology2.7M$846.1M1.2%+29.5%
COST COSTCO WHOLESALE CORPConsumer discretionary815.3K$812.3M1.2%+27.5%
ASML ASML HOLDING NV-NY REG SHSIndustrials603.8K$797.4M1.1%+61.7%
SU SUNCOR ENERGY INCEnergy11.7M$769.6M1.1%+17.1%
META META PLATFORMS INC-CLASS ATechnology1.3M$768.7M1.1%-33.7%
AMAT APPLIED MATERIALS INCTechnology2.1M$730.5M1.0%+770.5%
TJX TJX COMPANIES INCConsumer discretionary4.6M$729.7M1.0%+75.0%
BMY BRISTOL-MYERS SQUIBB COHealthcare11.9M$720.9M1.0%+99.0%
BKNG BOOKING HOLDINGS INCIndustrials168.6K$709.9M1.0%+31.5%
KLAC KLA CORPOther468.2K$689.3M1.0%+277.5%
CL COLGATE-PALMOLIVE COOther7.9M$676.5M1.0%+151.4%
CM CAN IMPERIAL BK OF COMMERCEFinancials6.8M$645.1M0.9%+187.4%
LRCX LAM RESEARCH CORPIndustrials3.0M$639.2M0.9%+41.3%
MCK MCKESSON CORPConsumer discretionary721.1K$624.0M0.9%+0.5%
ABNB AIRBNB INC-CLASS AServices media4.9M$619.3M0.9%+36.9%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.3M$604.6M0.9%+2.4%
CVX CHEVRON CORPEnergy2.8M$583.4M0.8%+765.5%
XOM EXXON MOBIL CORPEnergy3.0M$514.1M0.7%+257.9%
MU MICRON TECHNOLOGY INCTechnology1.5M$512.3M0.7%-5.9%
TD TORONTO-DOMINION BANKFinancials5.5M$510.1M0.7%-37.0%
MRK MERCK & CO. INC.Healthcare4.2M$505.5M0.7%+163.5%
LLY ELI LILLY & COHealthcare534.0K$491.1M0.7%+105.8%
JNJ JOHNSON & JOHNSONHealthcare1.9M$465.8M0.7%-11.7%
AZN ASTRAZENECA PLCHealthcare2.3M$456.6M0.6%New
ABBV ABBVIE INCHealthcare2.1M$455.7M0.6%+53.0%
C CITIGROUP INCFinancials4.0M$450.1M0.6%-31.7%
LTEC LOGITECH INTERNATIONAL-REG4.6M$411.7M0.6%-16.8%
TSLA TESLA INCIndustrials1.1M$397.6M0.6%-0.4%
BAC BANK OF AMERICA CORPFinancials7.7M$375.5M0.5%+13.6%
CAH CARDINAL HEALTH INCConsumer discretionary1.7M$366.9M0.5%+21.4%
TEL TE CONNECTIVITY PLCConsumer discretionary1.7M$346.6M0.5%+31.5%
ABT ABBOTT LABORATORIESHealthcare3.2M$330.8M0.5%-31.2%
SCCO SOUTHERN COPPER CORPMaterials1.9M$318.6M0.5%+1127.2%
ZM ZOOM COMMUNICATIONS INCTechnology3.9M$316.5M0.4%-27.2%
EXPE EXPEDIA GROUP INCIndustrials1.3M$306.7M0.4%+106.3%
AU ANGLOGOLD ASHANTI PLCMaterials3.1M$300.4M0.4%-32.9%
GS GOLDMAN SACHS GROUP INCFinancials347.1K$293.6M0.4%+85.6%
NFLX NETFLIX INCServices media3.1M$293.5M0.4%+18.6%
EBAY EBAY INCServices media3.2M$287.4M0.4%-19.5%
VEEV VEEVA SYSTEMS INC-CLASS ATechnology1.6M$286.5M0.4%+4.5%
ADBE ADOBE INCTechnology1.2M$284.1M0.4%+0.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 20262011$70.49B $K fixed canonicalSEC ↗
Q4 202513F-HRFeb 10, 20261959$60.90B $K fixed canonicalSEC ↗
Q3 202513F-HRNov 13, 20251819$57.30B $K fixed canonicalSEC ↗
Q2 202513F-HRAug 7, 20251661$48.44B $K fixed canonicalSEC ↗
Q1 202513F-HRMay 21, 20251602$35.38B $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 11, 20251610$34.47B $K fixed canonicalSEC ↗
Q3 202413F-HRNov 12, 20242074$32.18B $K fixed canonicalSEC ↗
Q2 202413F-HRAug 6, 20241754$32.47B $K fixed canonicalSEC ↗
Q1 202413F-HRMay 10, 20241570$28.70B $K fixed canonicalSEC ↗