BASSO CAPITAL MANAGEMENT, L.P.
Long book
$163.4M
Q1 2026
Positions
137
Top-10 weight
71%
concentration
Last quarter
+9.5%
SPY +14.8%
Turnover
26%
of book per quarter
Strategy in plain words
auto-generated from filingsBASSO CAPITAL MANAGEMENT, L.P. is a wealth-management firm allocating client money, running a $163.4M US long book across 137 positions.
The portfolio is concentrated: the top 10 names carry 71% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VANGUARD S&P 500 ETF, SS SPDR S&P 500 ETF TRUST-US, VANGUARD TOTAL STOCK MKT ETF, SPDR GOLD SHARES, ISHARES RUSSELL 2000 ETF.
Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 4 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
+3.2%
Q2 2024
+5.7%
Q3 2024
+3.1%
Q4 2024
-1.2%
Q1 2025
+7.8%
Q2 2025
+6.0%
Q3 2025
+3.0%
Q4 2025
+0.5%
Q1 2026
+9.5%
Sector allocation
Utilities 51%
Energy 23%
Technology 16%
Other 4%
Financials 2%
Consumer staples 1%
Consumer discretionary 1%
Services media 1%
Long book by quarter
What does BASSO CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MPLX MPLX LP | Energy | 71.2K | $4.1M | 2.5% | Held |
| ET ENERGY TRANSFER LP | Utilities | 197.3K | $3.8M | 2.3% | +1.2% |
| GOOGL ALPHABET INC-CL A | Technology | 11.3K | $3.3M | 2.0% | -3.4% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 62.7K | $2.4M | 1.5% | -1.7% |
| OKE ONEOK INC | Utilities | 25.4K | $2.3M | 1.4% | Held |
| WMB WILLIAMS COS INC | Utilities | 30.4K | $2.2M | 1.4% | Held |
| WES WESTERN MIDSTREAM PARTNERS L | Utilities | 42.1K | $1.7M | 1.1% | Held |
| TRGP TARGA RESOURCES CORP | Utilities | 6.5K | $1.6M | 1.0% | Held |
| PAA PLAINS ALL AMER PIPELINE LP | Energy | 54.2K | $1.2M | 0.7% | Held |
| HESM HESS MIDSTREAM LP - CLASS A | Energy | 29.0K | $1.1M | 0.7% | Held |
| LNG CHENIERE ENERGY INC | Utilities | 3.8K | $1.1M | 0.7% | Held |
| IBM INTL BUSINESS MACHINES CORP | Technology | 3.9K | $942K | 0.6% | -11.4% |
| TRP TC ENERGY CORP | Utilities | 13.4K | $837K | 0.5% | Held |
| BXSL BLACKSTONE SECURED LENDING F | — | 20.2K | $479K | 0.3% | +146.3% |
| WHF WHITEHORSE FINANCE INC | — | 60.0K | $444K | 0.3% | -25.0% |
| VG VENTURE GLOBAL INC-CL A | Utilities | 25.0K | $394K | 0.2% | Held |
| SUN SUNOCO LP | Energy | 5.7K | $369K | 0.2% | Held |
| GOOG ALPHABET INC-CL C | Technology | 1.1K | $324K | 0.2% | -4.2% |
| FSK FS KKR CAPITAL CORP | — | 30.0K | $305K | 0.2% | -36.8% |
| LIN LINDE PLC | Materials | 592 | $293K | 0.2% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.4K | $285K | 0.2% | +20.1% |
| MSFT MICROSOFT CORP | Technology | 671 | $248K | 0.2% | -77.9% |
| PBA PEMBINA PIPELINE CORP | Energy | 5.0K | $224K | 0.1% | Held |
| SU SUNCOR ENERGY INC | Energy | 2.7K | $178K | 0.1% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 604 | $178K | 0.1% | Held |
| STUB STUBHUB HOLDINGS INC-CLASS A | Services media | 28.3K | $177K | 0.1% | New |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 347 | $166K | 0.1% | -70.9% |
| AAPL APPLE INC | Technology | 638 | $162K | 0.1% | +96.9% |
| MO ALTRIA GROUP INC | Consumer staples | 2.3K | $153K | 0.1% | Held |
| KO COCA-COLA CO/THE | Consumer staples | 1.6K | $122K | 0.1% | Held |
| DIS WALT DISNEY CO/THE | Services media | 1.3K | $120K | 0.1% | New |
| ED CONSOLIDATED EDISON INC | Utilities | 1.0K | $118K | 0.1% | Held |
| CNQ CANADIAN NATURAL RESOURCES | Energy | 2.4K | $117K | 0.1% | Held |
| PSX PHILLIPS 66 | Energy | 612 | $111K | 0.1% | Held |
| ABBV ABBVIE INC | Healthcare | 472 | $103K | 0.1% | Held |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 1.6K | $96K | 0.1% | Held |
| OWL BLUE OWL CAPITAL INC | Financials | 10.0K | $91K | 0.1% | New |
| SOBO SOUTH BOW CORP | Energy | 2.7K | $89K | 0.1% | Held |
| AEE AMEREN CORPORATION | Utilities | 796 | $87K | 0.1% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 150 | $86K | 0.1% | -57.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 325 | $79K | 0.0% | Held |
| GD GENERAL DYNAMICS CORP | Industrials | 230 | $79K | 0.0% | Held |
| AVGO BROADCOM INC | Technology | 240 | $74K | 0.0% | Held |
| MS MORGAN STANLEY | Financials | 444 | $73K | 0.0% | Held |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 389 | $64K | 0.0% | Held |
| ETR ENTERGY CORP | Utilities | 506 | $57K | 0.0% | Held |
| PEP PEPSICO INC | Consumer staples | 352 | $55K | 0.0% | Held |
| WM WASTE MANAGEMENT INC | Utilities | 231 | $53K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 137 | $163.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 115 | $167.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 78 | $149.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 77 | $134.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 12, 2025 | 72 | $117.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 75 | $115.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 73 | $108.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 75 | $110.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 70 | $106.0M | canonical | SEC ↗ |