Blue Door Asset Management, LLC

Fundamental concentrated ★Signal technology specialist (62%) CIK 1909147
League rank
#272
in Fundamental concentrated · #504 overall
Long book
$153.0M
Q1 2026
Positions
16
Top-10 weight
87%
concentration
Last quarter
+21.1%
SPY +14.8%
Turnover
38%
of book per quarter

Strategy in plain words

auto-generated from filings

Blue Door Asset Management, LLC is a concentrated fundamental stock-picker, specialised in technology (62% of the long book), running a $153.0M US long book across 16 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: FLEX LTD, NEXTPOWER INC-CL A, WAYSTAR HOLDING CORP, CHAMPION HOMES INC, AGILENT TECHNOLOGIES INC.

Over the last 9 quarters its long book ran on average 0.5pp 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
-9.9%
Q2 2024
+7.7%
Q3 2024
+3.2%
Q4 2024
-11.0%
Q1 2025
+20.0%
Q2 2025
+2.6%
Q3 2025
+2.6%
Q4 2025
-0.3%
Q1 2026
+21.1%

Sector allocation

Technology
59%
Other
12%
Industrials
11%
Healthcare
9%
Consumer discretionary
8%
Services media
2%

Long book by quarter

$147.8M
Q1 2024
$147.3M
Q2 2024
$144.8M
Q3 2024
$150.5M
Q4 2024
$131.8M
Q1 2025
$174.7M
Q2 2025
$176.7M
Q3 2025
$159.6M
Q4 2025
$153.0M
Q1 2026

What does Blue Door own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
FLEX FLEX LTDTechnology420.4K$27.5M18.0%+8.1%
NXT NEXTPOWER INC-CL ATechnology151.0K$18.2M11.9%Held
WAY WAYSTAR HOLDING CORPTechnology711.8K$17.2M11.2%+76.9%
SKY CHAMPION HOMES INCOther222.6K$16.6M10.8%+70.2%
A AGILENT TECHNOLOGIES INCHealthcare107.9K$12.3M8.0%New
AGCO AGCO CORPIndustrials83.1K$9.6M6.3%-10.7%
SMRT SMARTRENT INCTechnology5.9M$8.9M5.8%+5.3%
REZI RESIDEO TECHNOLOGIES INCConsumer discretionary206.2K$7.0M4.5%New
ON ON SEMICONDUCTORTechnology86.7K$5.4M3.5%+49.5%
PLUS EPLUS INCConsumer discretionary48.6K$3.7M2.4%New
INSG INSEEGO CORPTechnology316.7K$3.5M2.3%+47.2%
TPC TUTOR PERINI CORPIndustrials40.5K$3.1M2.0%+19.1%
WSC WILLSCOT HOLDINGS CORPServices media165.0K$2.9M1.9%Held
CNH CNH INDUSTRIAL NVIndustrials186.8K$2.1M1.3%-19.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202618$158.6M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202623$247.1M canonicalSEC ↗
Q3 202513F-HRNov 14, 202525$190.1M canonicalSEC ↗
Q2 202513F-HRAug 14, 202520$193.2M canonicalSEC ↗
Q1 202513F-HRMay 15, 202518$186.9M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202518$270.1M canonicalSEC ↗
Q3 202413F-HRNov 14, 202416$154.3M canonicalSEC ↗
Q2 202413F-HRAug 14, 202418$173.1M canonicalSEC ↗
Q1 202413F-HRMay 15, 202416$167.7M canonicalSEC ↗