Bastion Asset Management Inc.
Long book
$328.0M
Q1 2026
Positions
65
Top-10 weight
36%
concentration
Last quarter
+27.0%
SPY +14.8%
Turnover
73%
of book per quarter
Strategy in plain words
auto-generated from filingsBastion Asset Management Inc. is a diversified fundamental manager, running a $328.0M US long book across 65 positions.
The portfolio is moderately concentrated (top 10 ≈ 36% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: VIATRIS INC, GENUINE PARTS CO, ANGIODYNAMICS INC, REGAL REXNORD CORP, VISHAY PRECISION GROUP.
Over the last 6 quarters its long book ran on average 2.8pp per quarter ahead of the S&P 500, beating the index in 4 of 6 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
Q4 2024
-7.5%
Q1 2025
+14.9%
Q2 2025
+11.3%
Q3 2025
+0.1%
Q4 2025
-1.0%
Q1 2026
+27.0%
Sector allocation
Technology 17%
Healthcare 16%
Industrials 15%
Services media 14%
Other 10%
Materials 7%
Consumer discretionary 7%
Financials 7%
Long book by quarter
What does Bastion Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| VTRS VIATRIS INC | Healthcare | 1.6M | $21.0M | 6.4% | +28.1% |
| GPC GENUINE PARTS CO | Consumer discretionary | 158.0K | $17.0M | 5.2% | New |
| ANGO ANGIODYNAMICS INC | Healthcare | 1.3M | $14.1M | 4.3% | +17.4% |
| RRX REGAL REXNORD CORP | Industrials | 59.4K | $11.1M | 3.4% | +26.4% |
| VPG VISHAY PRECISION GROUP | Technology | 224.2K | $9.8M | 3.0% | +31.0% |
| ICFI ICF INTERNATIONAL INC | Services media | 133.8K | $9.7M | 3.0% | +50.9% |
| IP INTERNATIONAL PAPER CO | Other | 239.0K | $8.7M | 2.7% | New |
| VZLA VIZSLA SILVER CORP | Materials | 2.5M | $8.7M | 2.6% | New |
| HLX HELIX ENERGY SOLUTIONS GROUP | Energy | 893.8K | $8.6M | 2.6% | New |
| JBTM JBT MAREL CORP | Industrials | 67.1K | $8.6M | 2.6% | New |
| VVX V2X INC | Services media | 122.3K | $8.4M | 2.6% | -18.3% |
| RNG RINGCENTRAL INC-CLASS A | Technology | 232.9K | $8.3M | 2.5% | +51.3% |
| MIR MIRION TECHNOLOGIES INC | Other | 389.2K | $7.3M | 2.2% | New |
| AIOT POWERFLEET INC | Technology | 1.9M | $7.0M | 2.1% | +13.5% |
| PTON PELOTON INTERACTIVE INC-A | Other | 1.7M | $7.0M | 2.1% | New |
| GDYN GRID DYNAMICS HOLDINGS INC | Technology | 1.1M | $6.9M | 2.1% | New |
| BEN FRANKLIN RESOURCES INC | Financials | 272.9K | $6.7M | 2.0% | -15.1% |
| BAND BANDWIDTH INC-CLASS A | Technology | 393.3K | $6.6M | 2.0% | New |
| NOA NORTH AMERICAN CONSTRUCTION | Energy | 401.1K | $6.4M | 2.0% | -32.0% |
| IAG IAMGOLD CORP | Materials | 351.3K | $6.3M | 1.9% | New |
| THRM GENTHERM INC | Industrials | 210.2K | $6.2M | 1.9% | New |
| MGM MGM RESORTS INTERNATIONAL | Services media | 169.1K | $6.2M | 1.9% | New |
| AHCO ADAPTHEALTH CORP | Healthcare | 555.8K | $6.2M | 1.9% | +4.9% |
| TMDX TRANSMEDICS GROUP INC | Healthcare | 55.5K | $6.1M | 1.9% | -3.7% |
| LRN STRIDE INC | Services media | 67.7K | $5.9M | 1.8% | New |
| KWR QUAKER CHEMICAL CORPORATION | Energy | 44.3K | $5.6M | 1.7% | New |
| COO COOPER COS INC/THE | Healthcare | 76.2K | $5.4M | 1.7% | New |
| TFII TFI INTERNATIONAL INC | Industrials | 49.7K | $5.4M | 1.6% | New |
| KLAR KLARNA GROUP PLC | Financials | 391.0K | $5.3M | 1.6% | New |
| LOVE LOVESAC CO/THE | Consumer discretionary | 356.1K | $5.3M | 1.6% | +193.6% |
| OUST OUSTER INC | Industrials | 274.1K | $5.3M | 1.6% | New |
| MNRO MONRO INC | Services media | 306.2K | $4.8M | 1.5% | New |
| OMCL OMNICELL INC | Technology | 131.6K | $4.6M | 1.4% | New |
| GSM FERROGLOBE PLC | Materials | 909.5K | $4.2M | 1.3% | New |
| CDNL CARDINAL INFRASTRUCTURE GR-A | Industrials | 109.1K | $4.0M | 1.2% | New |
| MCS MARCUS CORPORATION | Services media | 243.1K | $3.9M | 1.2% | -35.1% |
| EXP EAGLE MATERIALS INC | Industrials | 20.1K | $3.8M | 1.1% | +23.0% |
| TRI4EUR THOMSON REUTERS CORP | — | 38.7K | $3.5M | 1.1% | New |
| CAE CAE INC | Technology | 102.9K | $3.1M | 1.0% | New |
| GT GOODYEAR TIRE & RUBBER CO | Other | 406.8K | $2.7M | 0.8% | -57.8% |
| CRCL CIRCLE INTERNET GROUP INC | Financials | 29.1K | $2.7M | 0.8% | New |
| EEFT EURONET WORLDWIDE INC | Financials | 39.4K | $2.7M | 0.8% | New |
| SPOT SPOTIFY TECHNOLOGY SA | Communications | 5.5K | $2.7M | 0.8% | New |
| NRP NATURAL RESOURCE PARTNERS LP | Materials | 19.3K | $2.4M | 0.7% | New |
| STRA STRATEGIC EDUCATION INC | Services media | 28.6K | $2.3M | 0.7% | -59.8% |
| GRO BRAZIL POTASH CORP | Materials | 891.0K | $2.3M | 0.7% | -49.2% |
| PXED PHOENIX EDUCATION PARTNERS I | Services media | 67.8K | $2.1M | 0.6% | New |
| FLG FLAGSTAR BANK NA | Financials | 139.9K | $1.8M | 0.6% | New |
| MDA MDA SPACE LTD | Industrials | 68.5K | $1.7M | 0.5% | New |
| AMG AFFILIATED MANAGERS GROUP | Financials | 6.1K | $1.7M | 0.5% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 5, 2026 | 65 | $328.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 35 | $181.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 48 | $173.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 54 | $213.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 7, 2025 | 53 | $185.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 46 | $150.8M | canonical | SEC ↗ |
Similar funds
DIAMANT ASSET MANAGEMENT, INC. LILLY ENDOWMENT INCBROOKFIELD Corp /ON/GQG Partners LLCMITSUBISHI UFJ FINANCIAL GROUP INCNewport Trust Company, LLCVIKING GLOBAL INVESTORS LPPARNASSUS INVESTMENTS, LLC MASTERCARD FOUNDATION ASSET MANAGEMENT CORPPZENA INVESTMENT MANAGEMENT LLCCOATUE MANAGEMENT LLCWinslow Capital Management, LLC