Accel Leaders 4 Associates L.P.
Long book
$475.3M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+107.8%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsAccel Leaders 4 Associates L.P. is a diversified fundamental manager, specialised in technology (100% of the long book), running a $475.3M 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: NEBIUS GROUP NV.
Over the last 6 quarters its long book ran on average 53.3pp 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
-23.8%
Q1 2025
+162.1%
Q2 2025
+102.9%
Q3 2025
-25.4%
Q4 2025
+24.0%
Q1 2026
+107.8%
Sector allocation
Technology 100%
Long book by quarter
What does Accel Leaders own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NBIS NEBIUS GROUP NV | Technology | 4.6M | $475.3M | 100.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 1 | $475.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 1 | $383.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 1 | $514.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 1 | $253.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 1 | $96.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 1 | $126.9M | canonical | SEC ↗ |