Anomaly Capital Management, LP
Long book
$1.65B
Q1 2026
Positions
21
Top-10 weight
72%
concentration
Last quarter
+13.8%
SPY +14.8%
Turnover
80%
of book per quarter
Strategy in plain words
auto-generated from filingsAnomaly Capital Management, LP is a concentrated fundamental stock-picker, running a $1.65B US long book across 21 positions.
The portfolio is concentrated: the top 10 names carry 72% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: AMAZON.COM INC, GILDAN ACTIVEWEAR INC, DANAHER CORP, SHAKE SHACK INC - CLASS A, CORTEVA INC.
Over the last 9 quarters its long book ran on average 2.5pp per quarter behind the S&P 500, beating the index in 2 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
-5.0%
Q2 2024
+7.1%
Q3 2024
+6.8%
Q4 2024
-11.6%
Q1 2025
+9.4%
Q2 2025
+2.1%
Q3 2025
+0.6%
Q4 2025
-5.2%
Q1 2026
+13.8%
Sector allocation
Technology 28%
Consumer discretionary 28%
Other 18%
Industrials 7%
Consumer staples 6%
Services media 5%
Healthcare 4%
Materials 3%
Long book by quarter
What does Anomaly Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMZN AMAZON.COM INC | Consumer discretionary | 1.4M | $284.1M | 17.2% | -8.3% |
| GIL GILDAN ACTIVEWEAR INC | Other | 3.6M | $200.6M | 12.1% | +16.4% |
| DHR DANAHER CORP | Technology | 762.7K | $144.6M | 8.8% | +119.3% |
| SHAK SHAKE SHACK INC - CLASS A | Consumer discretionary | 1.0M | $90.4M | 5.5% | New |
| CTVA CORTEVA INC | Consumer staples | 1.1M | $88.4M | 5.4% | -64.0% |
| PANW PALO ALTO NETWORKS INC | Technology | 530.4K | $85.0M | 5.1% | -23.2% |
| V VISA INC-CLASS A SHARES | Services media | 245.2K | $74.1M | 4.5% | New |
| GOOGL ALPHABET INC-CL A | Technology | 257.6K | $74.1M | 4.5% | -27.6% |
| Q QNITY ELECTRONICS INC | Technology | 641.3K | $74.0M | 4.5% | New |
| MTZ MASTEC INC | Industrials | 224.5K | $72.2M | 4.4% | New |
| ANET ARISTA NETWORKS INC | Technology | 575.1K | $70.6M | 4.3% | New |
| GEHC GE HEALTHCARE TECHNOLOGY | Healthcare | 863.4K | $61.5M | 3.7% | -51.0% |
| BIRK BIRKENSTOCK HOLDING PLC | Other | 1.4M | $50.7M | 3.1% | New |
| LIN LINDE PLC | Materials | 102.1K | $50.6M | 3.1% | New |
| AS AMER SPORTS INC | Other | 1.3M | $42.1M | 2.5% | New |
| CHRW C.H. ROBINSON WORLDWIDE INC | Industrials | 219.6K | $36.5M | 2.2% | New |
| W WAYFAIR INC- CLASS A | Consumer discretionary | 467.2K | $35.1M | 2.1% | New |
| CMG CHIPOTLE MEXICAN GRILL INC | Consumer discretionary | 1.0M | $32.3M | 2.0% | +163.7% |
| VG VENTURE GLOBAL INC-CL A | Utilities | 1.3M | $20.5M | 1.2% | New |
| ATI ATI INC | Industrials | 74.8K | $10.9M | 0.7% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 21 | $1.65B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 32 | $2.78B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 35 | $3.40B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 33 | $3.15B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 28 | $2.15B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 36 | $3.38B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 28 | $2.81B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 29 | $2.63B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 31 | $2.83B | canonical | SEC ↗ |
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