Aquatic Capital Management LLC

Diversified mechanical Mechanical CIK 1803916
League rank
#181
in Diversified mechanical · #3866 overall
Long book
$3.48B
Q1 2026
Positions
1302
Top-10 weight
11%
concentration
Last quarter
+11.4%
SPY +14.8%
Turnover
60%
of book per quarter

Strategy in plain words

auto-generated from filings

Aquatic Capital Management LLC is a mechanically diversified allocator, running a $3.48B US long book across 1302 positions.

The portfolio is broadly diversified across 1302 positions (top 10 only 11%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: META PLATFORMS INC-CLASS A, TAIWAN SEMICONDUCTOR-SP ADR, TESLA INC, CHEVRON CORP, ROCKET COS INC-CLASS A.

Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-1.9%
Q2 2024
+6.4%
Q3 2024
+2.9%
Q4 2024
-3.7%
Q1 2025
+10.9%
Q2 2025
+7.5%
Q3 2025
+2.5%
Q4 2025
-0.8%
Q1 2026
+11.4%

Sector allocation

Technology
21%
Industrials
17%
Financials
13%
Healthcare
10%
Consumer discretionary
8%
Services media
6%
Other
6%
Materials
6%

Long book by quarter

$3.06B
Q1 2024
$2.71B
Q2 2024
$3.82B
Q3 2024
$3.69B
Q4 2024
$3.93B
Q1 2025
$4.95B
Q2 2025
$5.39B
Q3 2025
$3.52B
Q4 2025
$3.48B
Q1 2026

What does Aquatic Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
META META PLATFORMS INC-CLASS ATechnology76.1K$43.5M1.3%+44.1%
TSLA TESLA INCIndustrials109.2K$40.6M1.2%+100.7%
CVX CHEVRON CORPEnergy188.7K$39.0M1.1%+234.5%
RKT ROCKET COS INC-CLASS AFinancials2.7M$38.6M1.1%New
MSFT MICROSOFT CORPTechnology101.9K$37.7M1.1%+77.0%
ICE INTERCONTINENTAL EXCHANGE INFinancials229.2K$36.0M1.0%+508.2%
COF CAPITAL ONE FINANCIAL CORPFinancials197.1K$36.0M1.0%New
AMD ADVANCED MICRO DEVICESTechnology174.8K$35.6M1.0%+29.5%
GE GENERAL ELECTRICIndustrials118.4K$33.6M1.0%+131.0%
AVGO BROADCOM INCTechnology108.3K$33.5M1.0%New
LLY ELI LILLY & COHealthcare33.9K$31.1M0.9%New
KMB KIMBERLY-CLARK CORPOther319.8K$30.8M0.9%+40.0%
BSX BOSTON SCIENTIFIC CORPHealthcare490.6K$30.8M0.9%+1335.1%
GOOGL ALPHABET INC-CL ATechnology106.3K$30.6M0.9%+756.3%
HD HOME DEPOT INCConsumer discretionary92.0K$30.3M0.9%New
NOW SERVICENOW INCTechnology288.6K$30.2M0.9%+16.3%
ACN ACCENTURE PLC-CL AServices media150.9K$29.9M0.9%New
UNH UNITEDHEALTH GROUP INCFinancials107.8K$29.2M0.8%+3.8%
ABT ABBOTT LABORATORIESHealthcare271.7K$27.9M0.8%New
HON HONEYWELL INTERNATIONAL INCIndustrials116.4K$26.3M0.8%New
DHR DANAHER CORPTechnology125.6K$23.8M0.7%+124.9%
CLS CELESTICA INCTechnology83.6K$23.6M0.7%+21.5%
ADP AUTOMATIC DATA PROCESSINGTechnology104.4K$21.2M0.6%New
TEAM ATLASSIAN CORP-CL ATechnology303.5K$20.7M0.6%+1093.4%
AXP AMERICAN EXPRESS COFinancials65.7K$19.9M0.6%New
OMC OMNICOM GROUPServices media261.4K$19.7M0.6%+378.6%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology131.6K$19.2M0.6%-57.0%
ALB ALBEMARLE CORPMaterials107.0K$19.2M0.6%-34.9%
TER TERADYNE INCTechnology64.0K$19.0M0.5%-46.1%
MA MASTERCARD INC - AServices media37.7K$18.9M0.5%New
OXY OCCIDENTAL PETROLEUM CORPEnergy289.1K$18.8M0.5%New
CRCL CIRCLE INTERNET GROUP INCFinancials185.0K$17.7M0.5%New
TGT TARGET CORPConsumer discretionary139.5K$16.9M0.5%New
DE DEERE & COIndustrials30.0K$16.9M0.5%New
APD AIR PRODUCTS & CHEMICALS INCMaterials56.2K$16.3M0.5%New
Q QNITY ELECTRONICS INCTechnology138.4K$16.0M0.5%New
HSY HERSHEY CO/THEConsumer staples76.1K$15.8M0.5%+66.2%
PH PARKER HANNIFIN CORPIndustrials17.5K$15.7M0.5%+64.7%
PCG P G & E CORPUtilities877.4K$15.4M0.4%+9049.5%
COST COSTCO WHOLESALE CORPConsumer discretionary15.4K$15.3M0.4%-44.3%
ROST ROSS STORES INCConsumer discretionary70.4K$15.2M0.4%-1.7%
INTC INTEL CORPTechnology342.0K$15.1M0.4%New
CBRE CBRE GROUP INC - AReal estate111.4K$15.1M0.4%New
AA ALCOA CORPIndustrials223.9K$14.8M0.4%+81.7%
TMO THERMO FISHER SCIENTIFIC INCOther29.4K$14.4M0.4%-57.5%
RIVN RIVIAN AUTOMOTIVE INC-AIndustrials958.9K$14.4M0.4%New
ADI ANALOG DEVICES INCTechnology44.5K$14.2M0.4%New
MP MP MATERIALS CORPMaterials292.9K$14.1M0.4%New
WCN WASTE CONNECTIONS INCUtilities85.5K$13.9M0.4%New
TRI4EUR THOMSON REUTERS CORP153.8K$13.8M0.4%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20261302$3.48B canonicalSEC ↗
Q4 202513F-HRFeb 17, 20261360$3.52B canonicalSEC ↗
Q3 202513F-HRNov 14, 20251345$5.39B canonicalSEC ↗
Q2 202513F-HRAug 14, 20251209$4.95B canonicalSEC ↗
Q1 202513F-HRMay 15, 20251221$3.93B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20251287$3.69B canonicalSEC ↗
Q3 202413F-HRNov 14, 20241105$3.82B canonicalSEC ↗
Q2 202413F-HRAug 14, 20241165$2.71B canonicalSEC ↗
Q1 202413F-HRMay 15, 20241175$3.06B canonicalSEC ↗