Agave Capital Management Ltd
Long book
$621.7M
Q1 2026
Positions
8
Top-10 weight
100%
concentration
Last quarter
+16.8%
SPY +14.8%
Turnover
81%
of book per quarter
Strategy in plain words
auto-generated from filingsAgave Capital Management Ltd is a wealth-management firm allocating client money, running a $621.7M US long book across 8 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: ISHARES CORE S&P 500 ETF, ALPHABET INC-CL C, HOME DEPOT INC, ANALOG DEVICES INC, LINDE PLC.
Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2025
-6.8%
Q1 2026
+16.8%
Sector allocation
Technology 53%
Consumer discretionary 29%
Materials 18%