AYAL Capital Advisors Ltd

Fundamental concentrated ★Signal CIK 2011524
League rank
#289
in Fundamental concentrated · #553 overall
Long book
$195.4M
Q1 2026
Positions
38
Top-10 weight
47%
concentration
Last quarter
+20.6%
SPY +14.8%
Turnover
52%
of book per quarter

Strategy in plain words

auto-generated from filings

AYAL Capital Advisors Ltd is a concentrated fundamental stock-picker, running a $195.4M US long book across 38 positions.

The portfolio is moderately concentrated (top 10 ≈ 47% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SOLARIS ENERGY INFRASTRUCTUR, CELESTICA INC, THE BOYD GROUP INC, ORTHOFIX MEDICAL INC, GRIFFON CORP.

Over the last 9 quarters its long book ran on average 1.5pp per quarter behind 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
-4.9%
Q2 2024
+7.1%
Q3 2024
+4.3%
Q4 2024
-14.2%
Q1 2025
+2.7%
Q2 2025
+7.9%
Q3 2025
+3.8%
Q4 2025
-0.5%
Q1 2026
+20.6%

Sector allocation

Industrials
41%
Technology
14%
Services media
7%
Communications
7%
Energy
6%
Healthcare
6%
Other
5%
Consumer discretionary
4%

Long book by quarter

$139.2M
Q1 2024
$157.6M
Q2 2024
$173.8M
Q3 2024
$196.6M
Q4 2024
$150.8M
Q1 2025
$183.5M
Q2 2025
$173.4M
Q3 2025
$182.5M
Q4 2025
$195.4M
Q1 2026

What does AYAL Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
SEI SOLARIS ENERGY INFRASTRUCTURIndustrials268.8K$15.2M7.8%-13.0%
CLS CELESTICA INCTechnology33.8K$9.5M4.9%+119.5%
BGSI THE BOYD GROUP INCServices media71.2K$9.1M4.7%+22.6%
OFIX ORTHOFIX MEDICAL INCHealthcare783.7K$9.0M4.6%+5.6%
GFF GRIFFON CORPIndustrials120.0K$8.7M4.5%New
TFII TFI INTERNATIONAL INCIndustrials79.9K$8.7M4.4%+105.1%
REZI RESIDEO TECHNOLOGIES INCConsumer discretionary250.0K$8.4M4.3%+77.5%
ACA ARCOSA INCIndustrials73.4K$7.8M4.0%+9.6%
ATEX ANTERIX INCCommunications197.1K$7.5M3.9%-25.6%
PUMP PROPETRO HOLDING CORPEnergy486.0K$7.0M3.6%New
MIDD MIDDLEBY CORPIndustrials50.0K$6.6M3.4%+13.6%
APTV APTIV PLCIndustrials95.0K$6.6M3.4%New
SLM SLM CORPFinancials300.0K$6.4M3.3%+77.3%
GLNG GOLAR LNG LTDIndustrials111.7K$6.0M3.1%-30.7%
SMTC SEMTECH CORPTechnology72.4K$5.6M2.8%New
CLMT CALUMET INCEnergy151.9K$5.5M2.8%-22.1%
MEOH METHANEX CORPOther91.4K$5.4M2.8%New
TSAT TELESAT CORPCommunications148.0K$5.4M2.7%New
SRI STONERIDGE INCIndustrials1.1M$5.3M2.7%Held
CTRI CENTURI HOLDINGS INCUtilities175.0K$5.1M2.6%-12.5%
PRCH PORCH GROUP INCTechnology706.7K$5.1M2.6%+73.8%
DCO DUCOMMUN INCIndustrials40.0K$4.9M2.5%Held
DCH DAUCH CORPORATIONIndustrials800.0K$4.7M2.4%Held
SKYH SKY HARBOUR GROUP CORPReal estate424.6K$4.1M2.1%Held
SGHC SUPER GROUP SGHC LTDServices media372.0K$4.0M2.1%-1.4%
NTGR NETGEAR INCTechnology180.0K$3.9M2.0%-11.6%
LULU LULULEMON ATHLETICA INCOther25.0K$3.8M2.0%New
PAR PAR TECHNOLOGY CORP/DELTechnology223.1K$3.0M1.5%+8.8%
GXO GXO LOGISTICS INCIndustrials55.0K$2.9M1.5%-45.0%
SHC SOTERA HEALTH COHealthcare180.0K$2.6M1.3%New
VOYG VOYAGER TECHNOLOGIES INC-AIndustrials110.0K$2.6M1.3%New
NGVT INGEVITY CORPMaterials30.5K$2.2M1.1%New
TAC TRANSALTA CORPUtilities65.0K$852K0.4%+153.9%
TIPT TIPTREE INCFinancials32.5K$550K0.3%New
CIGI COLLIERS INTL GR-SUBORD VOTReal estate5.0K$534K0.3%New
CAE CAE INCTechnology16.5K$430K0.2%+22.2%
ASTL ALGOMA STEEL GROUP INCIndustrials95.0K$392K0.2%New
APTV-W APTIV PLC-W/I1.0K$59K0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202656$368.9M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202642$287.0M canonicalSEC ↗
Q3 202513F-HRNov 14, 202542$254.1M canonicalSEC ↗
Q2 202513F-HRAug 14, 202552$418.6M canonicalSEC ↗
Q1 202513F-HRMay 15, 202543$302.6M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202543$389.7M canonicalSEC ↗
Q3 202413F-HRNov 14, 202433$293.5M canonicalSEC ↗
Q2 202413F-HRAug 14, 202431$263.4M canonicalSEC ↗
Q1 202413F-HRMay 15, 202434$227.2M canonicalSEC ↗