Aldebaran Capital, LLC
Long book
$130.8M
Q1 2026
Positions
43
Top-10 weight
63%
concentration
Last quarter
+4.2%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsAldebaran Capital, LLC is a concentrated fundamental stock-picker, running a $130.8M US long book across 43 positions.
The portfolio is concentrated: the top 10 names carry 63% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: BERKSHIRE HATHAWAY INC-CL B, OCCIDENTAL PETROLEUM CORP, BUNGE GLOBAL SA, ELI LILLY & CO, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
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
+1.4%
Q3 2024
-2.3%
Q4 2024
+0.7%
Q1 2025
+0.6%
Q2 2025
+9.1%
Q3 2025
+3.1%
Q4 2025
+9.9%
Q1 2026
+4.2%
Sector allocation
Financials 28%
Energy 22%
Healthcare 15%
Consumer staples 8%
Technology 7%
Communications 6%
Consumer discretionary 6%
Industrials 5%
Long book by quarter
What does Aldebaran Capital, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 40.2K | $19.3M | 14.7% | 0.0% |
| OXY OCCIDENTAL PETROLEUM CORP | Energy | 154.2K | $10.0M | 7.7% | -3.4% |
| BG BUNGE GLOBAL SA | Consumer staples | 67.6K | $8.6M | 6.6% | -28.1% |
| LLY ELI LILLY & CO | Healthcare | 9.0K | $8.3M | 6.3% | -0.3% |
| MSFT MICROSOFT CORP | Technology | 20.4K | $7.5M | 5.8% | +12.2% |
| SU SUNCOR ENERGY INC | Energy | 103.5K | $6.8M | 5.2% | -10.3% |
| CVX CHEVRON CORP | Energy | 26.5K | $5.5M | 4.2% | -0.2% |
| BAC BANK OF AMERICA CORP | Financials | 104.2K | $5.1M | 3.9% | -1.1% |
| ACRS ACLARIS THERAPEUTICS INC | Healthcare | 947.2K | $3.6M | 2.7% | -0.7% |
| CENX CENTURY ALUMINUM COMPANY | Industrials | 57.6K | $3.4M | 2.6% | -0.2% |
| CATO CATO CORP-CLASS A | Consumer discretionary | 1.2M | $3.3M | 2.5% | +12.9% |
| JPM JPMORGAN CHASE & CO | Financials | 11.3K | $3.3M | 2.5% | Held |
| VZ VERIZON COMMUNICATIONS INC | Communications | 59.9K | $3.0M | 2.3% | -0.1% |
| LKQ LKQ CORP | Consumer discretionary | 102.1K | $3.0M | 2.3% | New |
| FCX FREEPORT-MCMORAN INC | Materials | 48.8K | $2.9M | 2.2% | -0.1% |
| AMLX AMYLYX PHARMACEUTICALS INC | Healthcare | 197.9K | $2.8M | 2.1% | -0.3% |
| SIRI SIRIUS XM HOLDINGS INC | Communications | 115.4K | $2.7M | 2.0% | +8.5% |
| ENB ENBRIDGE INC | Energy | 39.9K | $2.2M | 1.7% | -0.6% |
| ZD ZIFF DAVIS INC | Communications | 41.2K | $1.7M | 1.3% | New |
| MOH MOLINA HEALTHCARE INC | Financials | 12.6K | $1.7M | 1.3% | -0.3% |
| PATK PATRICK INDUSTRIES INC | Industrials | 13.9K | $1.5M | 1.2% | Held |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 2 | $1.4M | 1.1% | Held |
| TECX TECTONIC THERAPEUTIC INC | Healthcare | 37.2K | $1.1M | 0.9% | -0.5% |
| RELL RICHARDSON ELEC LTD | Consumer discretionary | 94.0K | $1.0M | 0.8% | -21.0% |
| 2KZ0 KEZAR LIFE SCIENCES INC | — | 80.3K | $596K | 0.5% | -0.4% |
| PMVP PMV PHARMACEUTICALS INC | Healthcare | 473.4K | $587K | 0.4% | -1.0% |
| AVIR ATEA PHARMACEUTICALS INC | Healthcare | 89.9K | $484K | 0.4% | -0.6% |
| DUK DUKE ENERGY CORPORATION | Utilities | 3.6K | $471K | 0.4% | Held |
| MBIN MERCHANTS BANCORP/IN | Financials | 10.1K | $434K | 0.3% | Held |
| GE General Electric Company | Industrials | 1.3K | $355K | 0.3% | Held |
| F FORD MOTOR CO | Industrials | 27.5K | $317K | 0.2% | Held |
| GEV GE VERNOVA INC | Industrials | 332 | $290K | 0.2% | Held |
| BMO BANK OF MONTREAL | Financials | 1.7K | $230K | 0.2% | New |
| XOM EXXON MOBIL CORP | Energy | 1.2K | $211K | 0.2% | New |
| HURC HURCO COMPANIES INC | Technology | 13.7K | $202K | 0.2% | New |
| OKUR ONKURE THERAPEUTICS INC-A | Healthcare | 40.4K | $167K | 0.1% | -2.1% |
| IMA IMAGENEBIO INC | Healthcare | 18.6K | $93K | 0.1% | -2.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 7, 2026 | 43 | $130.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 35 | $111.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 33 | $108.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 34 | $101.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 41 | $105.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 37 | $105.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 37 | $109.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 36 | $107.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 33 | $105.0M | canonical | SEC ↗ |
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