ARDSLEY ADVISORY PARTNERS LP

Quant stat arb Low signal CIK 900529
League rank
#4
in Quant stat arb · #130 overall
Long book
$656.4M
Q1 2026
Positions
117
Top-10 weight
33%
concentration
Last quarter
+34.5%
SPY +14.8%
Turnover
57%
of book per quarter

Strategy in plain words

auto-generated from filings

ARDSLEY ADVISORY PARTNERS LP is a quantitative fund whose holdings reflect models, not opinions, running a $656.4M US long book across 117 positions.

The portfolio is moderately concentrated (top 10 ≈ 33% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: UNITED THERAPEUTICS CORP, BROADCOM INC, SANDISK CORP, AMAZON.COM INC, ARISTA NETWORKS INC.

Over the last 9 quarters its long book ran on average 5.9pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+3.4%
Q2 2024
+6.3%
Q3 2024
+2.8%
Q4 2024
-15.3%
Q1 2025
+29.0%
Q2 2025
+18.9%
Q3 2025
+10.6%
Q4 2025
+3.0%
Q1 2026
+34.5%

Sector allocation

Technology
47%
Healthcare
14%
Industrials
8%
Services media
7%
Financials
7%
Materials
5%
Utilities
4%
Consumer discretionary
4%

Long book by quarter

$696.1M
Q1 2024
$552.7M
Q2 2024
$528.5M
Q3 2024
$516.3M
Q4 2024
$431.7M
Q1 2025
$611.9M
Q2 2025
$652.1M
Q3 2025
$785.4M
Q4 2025
$656.4M
Q1 2026

What does ARDSLEY ADVISORY own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
UTHR UNITED THERAPEUTICS CORPHealthcare50.0K$29.6M4.5%New
AVGO BROADCOM INCTechnology89.5K$27.7M4.2%+6.5%
SNDK SANDISK CORPTechnology42.0K$26.7M4.1%-25.0%
AMZN AMAZON.COM INCConsumer discretionary106.0K$22.1M3.4%+96.3%
ANET ARISTA NETWORKS INCTechnology173.7K$21.3M3.2%+73.7%
SMTC SEMTECH CORPTechnology258.8K$19.9M3.0%+9.2%
MOD MODINE MANUFACTURING COIndustrials91.1K$19.7M3.0%+2430.6%
SEZL SEZZLE INCServices media300.0K$19.0M2.9%+22.4%
META META PLATFORMS INC-CLASS ATechnology28.0K$16.0M2.4%+1300.0%
RUN SUNRUN INCTechnology1.1M$15.4M2.3%-23.3%
NVDA NVIDIA CORPTechnology87.5K$15.3M2.3%-30.0%
WULF TERAWULF INCFinancials1.1M$15.1M2.3%-9.9%
BTSG BRIGHTSPRING HEALTH SERVICESHealthcare350.0K$14.9M2.3%Held
SHLS SHOALS TECHNOLOGIES GROUP -ATechnology2.3M$14.9M2.3%+8940.0%
VIAV VIAVI SOLUTIONS INCTechnology400.0K$13.3M2.0%-9.1%
EBAY EBAY INCServices media140.5K$12.8M1.9%+65.3%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials675.0K$9.7M1.5%+5.5%
BSX BOSTON SCIENTIFIC CORPHealthcare150.0K$9.4M1.4%New
GOOG ALPHABET INC-CL CTechnology30.0K$8.6M1.3%-47.4%
AMAT APPLIED MATERIALS INCTechnology25.0K$8.5M1.3%New
AGI ALAMOS GOLD INC-CLASS AMaterials175.0K$7.8M1.2%-41.7%
NOW SERVICENOW INCTechnology72.5K$7.6M1.2%+511.8%
LSCC LATTICE SEMICONDUCTOR CORPTechnology81.5K$7.6M1.2%-5.2%
HUT HUT 8 CORPFinancials150.0K$7.0M1.1%-58.3%
AVY AVERY DENNISON CORPOther40.0K$6.9M1.1%+90.5%
ZM ZOOM COMMUNICATIONS INCTechnology83.0K$6.7M1.0%New
VZ VERIZON COMMUNICATIONS INCCommunications130.0K$6.5M1.0%New
WGS GENEDX HOLDINGS CORPHealthcare100.0K$6.4M1.0%+81.8%
CVS CVS HEALTH CORPHealthcare85.0K$6.1M0.9%Held
ALK ALASKA AIR GROUP INCIndustrials165.0K$6.1M0.9%New
MIR MIRION TECHNOLOGIES INCOther325.0K$6.0M0.9%Held
TWLO TWILIO INC - ATechnology47.2K$5.9M0.9%-24.5%
CIFR CIPHER DIGITAL INCFinancials450.0K$5.8M0.9%New
BOX BOX INC - CLASS ATechnology236.0K$5.6M0.8%New
CWEN CLEARWAY ENERGY INC-CUtilities140.0K$5.5M0.8%-6.7%
OKTA OKTA INCTechnology67.6K$5.3M0.8%New
SKE SKEENA RESOURCES LTDMaterials175.0K$5.2M0.8%New
BWXT BWX TECHNOLOGIES INCIndustrials25.0K$5.1M0.8%Held
ADI ANALOG DEVICES INCTechnology16.0K$5.1M0.8%New
XIFR XPLR INFRASTRUCTURE LPUtilities475.0K$5.0M0.8%+5.6%
DNN DENISON MINES CORPMaterials1.4M$4.9M0.8%-65.9%
MU MICRON TECHNOLOGY INCTechnology14.0K$4.7M0.7%New
LLY ELI LILLY & COHealthcare5.0K$4.6M0.7%-87.5%
LITE LUMENTUM HOLDINGS INCTechnology6.2K$4.4M0.7%-92.3%
ATEX ANTERIX INCCommunications110.0K$4.2M0.6%New
VCYT VERACYTE INCHealthcare125.0K$4.0M0.6%Held
ROKU ROKU INCCommunications41.5K$3.9M0.6%+361.1%
FLR FLUOR CORPIndustrials82.5K$3.8M0.6%+3.1%
NFLX NETFLIX INCServices media40.0K$3.8M0.6%+566.7%
ADMA ADMA BIOLOGICS INCHealthcare425.0K$3.8M0.6%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026151$784.4M canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026142$911.1M canonicalSEC ↗
Q3 202513F-HRNov 14, 2025130$808.7M canonicalSEC ↗
Q2 202513F-HRAug 14, 2025145$760.6M canonicalSEC ↗
Q1 202513F-HRMay 15, 2025139$522.4M canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025143$630.6M canonicalSEC ↗
Q3 202413F-HRNov 14, 2024128$608.0M canonicalSEC ↗
Q2 202413F-HRAug 14, 2024140$680.8M canonicalSEC ↗
Q1 202413F-HRMay 15, 2024124$696.1M canonicalSEC ↗