ALTA FOX CAPITAL MANAGEMENT, LLC

Fundamental concentrated ★Signal CIK 1858353
League rank
#452
in Fundamental concentrated · #5134 overall
Long book
$377.8M
Q1 2026
Positions
9
Top-10 weight
100%
concentration
Last quarter
+14.8%
SPY +14.8%
Turnover
63%
of book per quarter

Strategy in plain words

auto-generated from filings

ALTA FOX CAPITAL MANAGEMENT, LLC is a concentrated fundamental stock-picker, running a $377.8M US long book across 9 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: XPEL INC, NCR ATLEOS CORP, DAKTRONICS INC, BRIGHTSPRING HEALTH SERVICES, CARGURUS INC.

Over the last 9 quarters its long book ran on average 1pp per quarter ahead of 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
+0.5%
Q2 2024
+4.9%
Q3 2024
+6.8%
Q4 2024
-19.7%
Q1 2025
+23.4%
Q2 2025
+20.3%
Q3 2025
+1.3%
Q4 2025
-3.0%
Q1 2026
+14.8%

Sector allocation

Technology
38%
Industrials
28%
Other
17%
Healthcare
16%
Communications
1%

Long book by quarter

$130.8M
Q1 2024
$157.5M
Q2 2024
$195.6M
Q3 2024
$280.7M
Q4 2024
$252.3M
Q1 2025
$367.9M
Q2 2025
$448.5M
Q3 2025
$464.8M
Q4 2025
$377.8M
Q1 2026

What does ALTA FOX own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
XPEL XPEL INCIndustrials1.9M$85.2M22.5%+33.4%
NATL NCR ATLEOS CORPTechnology1.6M$68.0M18.0%-20.0%
DAKT DAKTRONICS INCOther3.4M$65.9M17.4%-9.7%
BTSG BRIGHTSPRING HEALTH SERVICESHealthcare1.4M$60.7M16.1%+15.0%
CARG CARGURUS INCTechnology1.6M$54.0M14.3%+24.6%
TOST TOAST INC-CLASS ATechnology740.3K$19.6M5.2%New
BCO BRINK'S CO/THEIndustrials111.7K$11.6M3.1%New
TRS TRIMAS CORPIndustrials223.4K$8.0M2.1%-60.3%
IDT IDT CORP-CLASS BCommunications97.0K$4.8M1.3%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20269$377.8M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202613$464.8M canonicalSEC ↗
Q3 202513F-HRNov 14, 202519$448.5M canonicalSEC ↗
Q2 202513F-HRAug 14, 202519$367.9M canonicalSEC ↗
Q1 202513F-HRMay 15, 202515$252.3M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202513$280.7M canonicalSEC ↗
Q3 202413F-HRNov 14, 202414$195.6M canonicalSEC ↗
Q2 202413F-HRAug 14, 202413$157.5M canonicalSEC ↗
Q1 202413F-HRMay 15, 202412$130.8M canonicalSEC ↗