Acuitas Investments, LLC

Fundamental diversified ★Signal CIK 1524828

League rank

#702

in Fundamental diversified · #5988 overall

Long book

$1.4M

Q1 2026

Positions

Top-10 weight

100%

concentration

Last quarter

-7.0%

SPY -4.4%

Turnover

100%

of book per quarter

Strategy in plain words

auto-generated from filings

Acuitas Investments, LLC is a diversified fundamental manager, running a $1.4M US long book across 9 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: SLB LTD, CORP INMOBILIARIA VESTA-ADR, MARCHEX INC-CLASS B, CRESUD S.A.-SPONS ADR, NEW FOUND GOLD CORP.

Over the last 8 quarters its long book ran on average 1.6pp per quarter ahead of the S&P 500, beating the index in 4 of 8 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

Q1 2024

-4.7%

Q2 2024

+11.2%

Q3 2024

+12.7%

Q4 2024

-11.0%

Q1 2025

+13.0%

Q2 2025

+23.9%

Q3 2025

+0.7%

Q4 2025

-7.0%

Sector allocation

Energy

51%

Technology

34%

Materials

15%

Long book by quarter

$198.2M

Q1 2024

$186.8M

Q2 2024

$224.3M

Q3 2024

$121.8M

Q4 2024

$117.4M

Q1 2025

$125.7M

Q2 2025

$155.8M

Q3 2025

$497K