ADAPT Investment Managers SA
Long book
$294.4M
Q1 2026
Positions
34
Top-10 weight
75%
concentration
Last quarter
+22.1%
SPY +14.8%
Turnover
81%
of book per quarter
Strategy in plain words
auto-generated from filingsADAPT Investment Managers SA is a concentrated fundamental stock-picker, running a $294.4M US long book across 34 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: AMAZON.COM INC, META PLATFORMS INC-CLASS A, TEXAS INSTRUMENTS INC, INTL BUSINESS MACHINES CORP, ADVANCED MICRO DEVICES.
Over the last 6 quarters its long book ran on average 3.5pp per quarter ahead of the S&P 500, beating the index in 5 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
-0.3%
Q1 2025
+17.5%
Q2 2025
+14.6%
Q3 2025
+5.5%
Q4 2025
-10.7%
Q1 2026
+22.1%
Sector allocation
Technology 57%
Consumer discretionary 15%
Healthcare 8%
Financials 7%
Industrials 6%
Energy 4%
Other 2%
Services media 0%
Long book by quarter
What does ADAPT Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMZN AMAZON.COM INC | Consumer discretionary | 195.7K | $40.8M | 13.8% | +16.8% |
| META META PLATFORMS INC-CLASS A | Technology | 55.6K | $31.8M | 10.8% | +284.4% |
| TXN TEXAS INSTRUMENTS INC | Technology | 148.2K | $28.8M | 9.8% | New |
| IBM INTL BUSINESS MACHINES CORP | Technology | 114.5K | $27.8M | 9.4% | New |
| AMD ADVANCED MICRO DEVICES | Technology | 93.5K | $19.0M | 6.5% | New |
| MSFT MICROSOFT CORP | Technology | 43.7K | $16.2M | 5.5% | -62.0% |
| LLY ELI LILLY & CO | Healthcare | 15.9K | $14.6M | 5.0% | New |
| TSLA TESLA INC | Industrials | 36.7K | $13.6M | 4.6% | +9.3% |
| NVDA NVIDIA CORP | Technology | 68.9K | $12.0M | 4.1% | -33.2% |
| XOM EXXON MOBIL CORP | Energy | 59.1K | $10.0M | 3.4% | New |
| GILD GILEAD SCIENCES INC | Healthcare | 63.2K | $8.8M | 3.0% | New |
| ORCL ORACLE CORP | Technology | 49.9K | $7.3M | 2.5% | New |
| NKE NIKE INC -CL B | Other | 88.8K | $4.7M | 1.6% | -20.1% |
| WFC WELLS FARGO & CO | Financials | 56.7K | $4.5M | 1.5% | New |
| UNH UNITEDHEALTH GROUP INC | Financials | 16.5K | $4.5M | 1.5% | New |
| CRM SALESFORCE INC | Technology | 22.0K | $4.1M | 1.4% | New |
| RCL ROYAL CARIBBEAN CRUISES LTD | Industrials | 14.4K | $4.0M | 1.3% | New |
| BAC BANK OF AMERICA CORP | Financials | 80.8K | $3.9M | 1.3% | New |
| JPM JPMORGAN CHASE & CO | Financials | 12.3K | $3.6M | 1.2% | New |
| ADSK AUTODESK INC | Technology | 13.0K | $3.1M | 1.1% | -76.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 6.2K | $3.0M | 1.0% | New |
| ADBE ADOBE INC | Technology | 11.2K | $2.7M | 0.9% | New |
| HPQ HP INC | Technology | 135.7K | $2.6M | 0.9% | New |
| QCOM QUALCOMM INC | Technology | 13.6K | $1.7M | 0.6% | New |
| SBUX STARBUCKS CORP | Consumer discretionary | 18.4K | $1.6M | 0.6% | New |
| AAPL APPLE INC | Technology | 3.5K | $882K | 0.3% | -92.3% |
| C CITIGROUP INC | Financials | 5.8K | $658K | 0.2% | New |
| BKNG BOOKING HOLDINGS INC | Industrials | 77 | $324K | 0.1% | New |
| AVGO BROADCOM INC | Technology | 800 | $248K | 0.1% | -99.2% |
| ABNB AIRBNB INC-CLASS A | Services media | 912 | $115K | 0.0% | New |
| CSCO CISCO SYSTEMS INC | Technology | 981 | $76K | 0.0% | New |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 300 | $44K | 0.0% | New |
| WYNN WYNN RESORTS LTD | Services media | 67 | $7K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 133 | $7.56B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 142 | $13.59B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 29, 2025 | 124 | $10.63B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 24, 2025 | 88 | $7.97B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 60 | $2.93B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 91 | $3.87B | canonical | SEC ↗ |
Similar funds
Sanders Capital, LLCGATES FOUNDATION TRUSTEAGLE CAPITAL MANAGEMENT LLCWoodbridge Co LtdAlecta Tjanstepension OmsesidigtMubadala Investment Co PJSCH&H International Investment, LLCNewlands Management Operations LLCINVESTOR ABIndependent Franchise Partners LLPPineStone Asset Management Inc.Pentwater Capital Management LP