Alfreton Capital LLP

Fundamental diversified ★Signal CIK 1873435
Long book
$308.0M
Q1 2026
Positions
5
Top-10 weight
100%
concentration
Last quarter
+16.8%
SPY +14.8%
Turnover
20%
of book per quarter

Strategy in plain words

auto-generated from filings

Alfreton Capital LLP is a diversified fundamental manager, running a $308.0M US long book across 5 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: VISA INC-CLASS A SHARES, CCC INTELLIGENT SOLUTIONS HO, VEEVA SYSTEMS INC-CLASS A, CREDIT ACCEPTANCE CORP, S&P GLOBAL INC.

Over the last 9 quarters its long book ran on average 3.1pp per quarter behind the S&P 500, beating the index in 4 of 9 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
+2.6%
Q2 2024
-8.6%
Q3 2024
+12.2%
Q4 2024
-3.3%
Q1 2025
+14.3%
Q2 2025
-0.8%
Q3 2025
-5.3%
Q4 2025
-15.4%
Q1 2026
+16.8%

Sector allocation

Services media
46%
Technology
38%
Financials
16%

Long book by quarter

$221.9M
Q1 2024
$242.2M
Q2 2024
$216.3M
Q3 2024
$278.2M
Q4 2024
$314.9M
Q1 2025
$344.6M
Q2 2025
$231.4M
Q3 2025
$237.6M
Q4 2025
$308.0M
Q1 2026

What does Alfreton Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
V VISA INC-CLASS A SHARESServices media336.0K$101.6M33.0%+34.4%
CCC CCC INTELLIGENT SOLUTIONS HOTechnology10.8M$64.7M21.0%+22.5%
VEEV VEEVA SYSTEMS INC-CLASS ATechnology300.0K$52.7M17.1%+200.0%
CACC CREDIT ACCEPTANCE CORPFinancials115.0K$48.7M15.8%-11.5%
SPGI S&P GLOBAL INCServices media95.0K$40.4M13.1%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 20265$308.0M canonicalSEC ↗
Q4 202513F-HRFeb 10, 20264$237.6M canonicalSEC ↗
Q3 202513F-HRNov 6, 20254$231.4M canonicalSEC ↗
Q2 202513F-HRAug 11, 20255$344.6M canonicalSEC ↗
Q1 202513F-HRMay 9, 20256$314.9M canonicalSEC ↗
Q4 202413F-HRFeb 10, 20255$278.2M canonicalSEC ↗
Q3 202413F-HRNov 14, 20244$216.3M canonicalSEC ↗
Q2 202413F-HRAug 14, 20245$242.2M canonicalSEC ↗
Q1 202413F-HRMay 15, 20245$221.9M canonicalSEC ↗