ALGEBRIS (UK) LTD
Long book
$1.38B
Q1 2026
Positions
70
Top-10 weight
45%
concentration
Last quarter
+15.4%
SPY +14.8%
Turnover
43%
of book per quarter
Strategy in plain words
auto-generated from filingsALGEBRIS (UK) LTD is a concentrated fundamental stock-picker, specialised in financials (81% of the long book), running a $1.38B US long book across 70 positions.
The portfolio is moderately concentrated (top 10 ≈ 45% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: BANK OF AMERICA CORP, EQUITABLE HOLDINGS INC, UNUM GROUP, KKR & CO INC, PROSPERITY BANCSHARES INC.
Over the last 9 quarters its long book ran on average 0.5pp per quarter ahead of the S&P 500, beating the index in 5 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
-3.1%
Q2 2024
+9.5%
Q3 2024
+9.1%
Q4 2024
+1.5%
Q1 2025
+7.1%
Q2 2025
+8.1%
Q3 2025
+4.1%
Q4 2025
-7.3%
Q1 2026
+15.4%
Sector allocation
Financials 84%
Technology 9%
Services media 3%
Utilities 2%
Industrials 1%
Other 1%
Energy 0%
Consumer discretionary 0%
Long book by quarter
What does ALGEBRIS (UK) own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BAC BANK OF AMERICA CORP | Financials | 1.7M | $82.7M | 6.0% | New |
| EQH EQUITABLE HOLDINGS INC | Financials | 2.0M | $75.5M | 5.5% | +57.5% |
| UNM UNUM GROUP | Financials | 944.3K | $68.8M | 5.0% | +34.9% |
| KKR KKR & CO INC | Financials | 721.9K | $66.7M | 4.8% | +359.5% |
| PB PROSPERITY BANCSHARES INC | Financials | 935.0K | $62.7M | 4.5% | +4.8% |
| CG CARLYLE GROUP INC/THE | Financials | 1.3M | $62.6M | 4.5% | +51.8% |
| CFG CITIZENS FINANCIAL GROUP | Financials | 929.0K | $55.6M | 4.0% | +83.8% |
| VOYA VOYA FINANCIAL INC | Financials | 754.0K | $51.4M | 3.7% | +14.1% |
| SSB SOUTHSTATE BANK CORP | Financials | 539.5K | $49.8M | 3.6% | +3.2% |
| ALKT ALKAMI TECHNOLOGY INC | Technology | 3.1M | $48.9M | 3.5% | +153.5% |
| LNC LINCOLN NATIONAL CORP | Financials | 1.4M | $48.3M | 3.5% | +133.3% |
| HBAN HUNTINGTON BANCSHARES INC | Financials | 3.1M | $47.9M | 3.5% | New |
| AIG AMERICAN INTERNATIONAL GROUP | Financials | 622.4K | $46.8M | 3.4% | +37.9% |
| SF STIFEL FINANCIAL CORP | Financials | 604.4K | $44.6M | 3.2% | +90.2% |
| ONB OLD NATIONAL BANCORP | Financials | 2.0M | $44.2M | 3.2% | +8.7% |
| GPN GLOBAL PAYMENTS INC | Services media | 624.7K | $42.0M | 3.0% | +119.2% |
| CRBG COREBRIDGE FINANCIAL INC | Financials | 1.7M | $40.3M | 2.9% | +49.0% |
| ZION ZIONS BANCORP NA | Financials | 617.7K | $35.5M | 2.6% | New |
| QTWO Q2 HOLDINGS INC | Technology | 695.6K | $32.8M | 2.4% | +630.7% |
| NCNO NCINO INC | Technology | 2.1M | $31.1M | 2.2% | +101.3% |
| WSBC WESBANCO INC | Financials | 784.0K | $27.0M | 2.0% | +26.5% |
| COLB COLUMBIA BANKING SYSTEM INC | Financials | 866.7K | $23.7M | 1.7% | New |
| CNOB CONNECTONE BANCORP INC | Financials | 859.9K | $23.0M | 1.7% | +1.5% |
| NTRS NORTHERN TRUST CORP | Financials | 152.6K | $21.3M | 1.5% | -15.2% |
| EG EVEREST GROUP LTD | Financials | 57.8K | $18.9M | 1.4% | -16.4% |
| WBS WEBSTER FINANCIAL CORP | Financials | 270.0K | $18.7M | 1.4% | -63.2% |
| LAZ LAZARD INC | Financials | 427.1K | $18.1M | 1.3% | -15.0% |
| PCG PG&E CORP | Utilities | 365.0K | $15.5M | 1.1% | Held |
| HFWA HERITAGE FINANCIAL CORP | Financials | 518.4K | $13.5M | 1.0% | -0.4% |
| BRBS BLUE RIDGE BANKSHARES INC | Financials | 2.5M | $10.6M | 0.8% | +104.1% |
| OZK BANK OZK | — | 206.1K | $9.4M | 0.7% | New |
| MYFW FIRST WESTERN FINANCIAL INC | Financials | 344.0K | $8.4M | 0.6% | +1.0% |
| NPB NORTHPOINTE BANCSHARES INC | Financials | 478.5K | $8.2M | 0.6% | +77.3% |
| EBC EASTERN BANKSHARES INC | Financials | 382.4K | $7.5M | 0.5% | -38.8% |
| NINE NINE ENERGY SERVICE INC | Energy | 789.9K | $6.5M | 0.5% | New |
| IBCP INDEPENDENT BANK CORP - MICH | Financials | 178.6K | $5.9M | 0.4% | -16.3% |
| RNST RENASANT CORP | Financials | 148.2K | $5.3M | 0.4% | -31.2% |
| WM WASTE MANAGEMENT INC | Utilities | 9.8K | $2.2M | 0.2% | +16.5% |
| BCAL CALIFORNIA BANCORP | Financials | 126.5K | $2.2M | 0.2% | New |
| RSG REPUBLIC SERVICES INC | Utilities | 9.2K | $2.0M | 0.1% | +39.0% |
| BMRC BANK OF MARIN BANCORP/CA | Financials | 75.3K | $1.9M | 0.1% | New |
| COR CENCORA INC | Consumer discretionary | 6.1K | $1.9M | 0.1% | +5.7% |
| PWR QUANTA SERVICES INC | Industrials | 3.3K | $1.8M | 0.1% | +45.3% |
| FIX COMFORT SYSTEMS USA INC | Industrials | 1.2K | $1.7M | 0.1% | +16.4% |
| MCK MCKESSON CORP | Consumer discretionary | 1.9K | $1.7M | 0.1% | +7.6% |
| GEV GE VERNOVA INC | Industrials | 1.5K | $1.3M | 0.1% | New |
| CAT CATERPILLAR INC | Industrials | 1.8K | $1.3M | 0.1% | New |
| NVT NVENT ELECTRIC PLC | Industrials | 10.5K | $1.2M | 0.1% | +11.1% |
| CTAS CINTAS CORP | Other | 7.3K | $1.2M | 0.1% | +19.7% |
| DE DEERE & CO | Industrials | 2.1K | $1.2M | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 70 | $1.38B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ARESTATEMENT | Feb 10, 2026 | 79 | $1.26B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 80 | $1.28B | SEC ↗ | |
| Q3 2025 | 13F-HR | Oct 31, 2025 | 68 | $883.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 42 | $634.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 43 | $550.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 41 | $395.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 24 | $239.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 45 | $310.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR/ANEW HOLDINGS | May 20, 2024 | 43 | $225.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 37 | $268.8M | canonical | SEC ↗ |