Blueshift Asset Management, LLC

Quant stat arb Low signal CIK 1727827
League rank
#23
in Quant stat arb · #658 overall
Long book
$329.5M
Q1 2026
Positions
484
Top-10 weight
19%
concentration
Last quarter
+19.4%
SPY +14.8%
Turnover
64%
of book per quarter

Strategy in plain words

auto-generated from filings

Blueshift Asset Management, LLC is a quantitative fund whose holdings reflect models, not opinions, running a $329.5M US long book across 484 positions.

The portfolio is broadly diversified across 484 positions (top 10 only 19%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ISHARES RUSSELL 2000 ETF, SS SPDR S&P 500 ETF TRUST-US, ETSY INC, AVIS BUDGET GROUP INC, MATCH GROUP INC.

Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 4 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
-4.3%
Q2 2024
+7.4%
Q3 2024
+4.2%
Q4 2024
-4.7%
Q1 2025
+13.3%
Q2 2025
+6.0%
Q3 2025
-0.2%
Q4 2025
-5.9%
Q1 2026
+19.4%

Sector allocation

Technology
19%
Consumer discretionary
18%
Services media
13%
Industrials
13%
Financials
11%
Other
10%
Healthcare
8%
Communications
3%

Long book by quarter

$192.6M
Q1 2024
$297.8M
Q2 2024
$403.1M
Q3 2024
$273.9M
Q4 2024
$252.3M
Q1 2025
$325.5M
Q2 2025
$324.6M
Q3 2025
$346.6M
Q4 2025
$329.5M
Q1 2026

What does Blueshift Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ETSY ETSY INCServices media90.5K$4.5M1.4%New
CAR AVIS BUDGET GROUP INCServices media24.8K$3.6M1.1%+332.8%
MTCH MATCH GROUP INCTechnology113.2K$3.5M1.1%-24.5%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary32.7K$3.0M0.9%+568.5%
FIVE FIVE BELOWConsumer discretionary12.6K$2.9M0.9%+17.6%
MUSA MURPHY USA INCConsumer discretionary5.5K$2.7M0.8%New
EFX EQUIFAX INCServices media15.1K$2.7M0.8%+119.9%
KMX CARMAX INCConsumer discretionary62.3K$2.6M0.8%New
NKE NIKE INC -CL BOther48.5K$2.6M0.8%+536.6%
DIS WALT DISNEY CO/THEServices media26.4K$2.5M0.8%+416.5%
AFRM AFFIRM HOLDINGS INCFinancials53.8K$2.5M0.7%+93.2%
TGT TARGET CORPConsumer discretionary19.6K$2.4M0.7%+351.5%
RCL ROYAL CARIBBEAN CRUISES LTDIndustrials8.4K$2.3M0.7%+77.3%
PVH PVH CORPOther33.3K$2.3M0.7%+292.6%
DBX DROPBOX INC-CLASS ATechnology101.8K$2.3M0.7%New
GWW WW GRAINGER INCConsumer discretionary2.0K$2.2M0.7%+240.0%
NET CLOUDFLARE INC - CLASS ATechnology10.3K$2.1M0.6%+121.6%
RBLX ROBLOX CORP -CLASS ATechnology36.9K$2.1M0.6%+0.5%
LH LABCORP HOLDINGS INCHealthcare7.4K$2.0M0.6%+237.4%
HTZ HERTZ GLOBAL HLDGS INCServices media424.3K$2.0M0.6%-24.0%
BBWI BATH & BODY WORKS INCConsumer discretionary104.3K$1.9M0.6%-5.2%
TE T1 ENERGY INCTechnology437.2K$1.9M0.6%New
DUK DUKE ENERGY CORPUtilities14.5K$1.9M0.6%New
OLLI OLLIE'S BARGAIN OUTLET HOLDIConsumer discretionary20.2K$1.9M0.6%+1.6%
YOU CLEAR SECURE INC -CLASS ATechnology36.5K$1.8M0.5%-2.8%
QSR RESTAURANT BRANDS INTERNConsumer discretionary23.9K$1.8M0.5%+13.7%
SPOT SPOTIFY TECHNOLOGY SACommunications3.5K$1.7M0.5%+29.2%
ASO ACADEMY SPORTS & OUTDOORS INConsumer discretionary29.6K$1.7M0.5%+13.9%
MET METLIFE INCFinancials23.4K$1.7M0.5%+412.2%
CVNA CARVANA COConsumer discretionary5.0K$1.6M0.5%-2.0%
AIZ ASSURANT INCFinancials7.0K$1.5M0.5%+181.6%
TEAM ATLASSIAN CORP-CL ATechnology22.0K$1.5M0.5%+239.8%
AEO AMERICAN EAGLE OUTFITTERSConsumer discretionary89.3K$1.5M0.5%+54.0%
LMND LEMONADE INCFinancials23.3K$1.5M0.4%+45.5%
UNH UNITEDHEALTH GROUP INCFinancials5.4K$1.5M0.4%+578.5%
DRVN DRIVEN BRANDS HOLDINGS INCServices media113.4K$1.4M0.4%New
CASY CASEY'S GENERAL STORES INCConsumer discretionary1.9K$1.4M0.4%New
SITM SITIME CORPTechnology4.1K$1.4M0.4%+27.9%
DG DOLLAR GENERAL CORPConsumer discretionary11.7K$1.4M0.4%-34.4%
IMAX IMAX CORPOther35.9K$1.4M0.4%+85.6%
ROKU ROKU INCCommunications14.2K$1.3M0.4%-40.3%
CNK CINEMARK HOLDINGS INCServices media46.9K$1.3M0.4%+38.7%
OSCR OSCAR HEALTH INC - CLASS AFinancials115.8K$1.3M0.4%+12.6%
LOW LOWE'S COS INCConsumer discretionary5.5K$1.3M0.4%+295.5%
BIRK BIRKENSTOCK HOLDING PLCOther35.9K$1.3M0.4%+319.3%
PRGS PROGRESS SOFTWARE CORPTechnology49.8K$1.3M0.4%New
GM GENERAL MOTORS COIndustrials16.7K$1.2M0.4%-4.1%
TRUP TRUPANION INCFinancials47.6K$1.2M0.4%+48.6%
TPR TAPESTRY INCOther8.3K$1.2M0.4%-26.2%
ZBRA ZEBRA TECHNOLOGIES CORP-CL AIndustrials5.6K$1.2M0.4%+13.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 2026484$329.5M canonicalSEC ↗
Q4 202513F-HRFeb 13, 2026446$346.6M canonicalSEC ↗
Q3 202513F-HRNov 13, 2025426$324.6M canonicalSEC ↗
Q2 202513F-HRAug 13, 2025430$325.5M canonicalSEC ↗
Q1 202513F-HRMay 8, 2025382$252.3M canonicalSEC ↗
Q4 202413F-HRFeb 11, 2025355$273.9M canonicalSEC ↗
Q3 202413F-HRNov 13, 2024351$403.1M canonicalSEC ↗
Q2 202413F-HRAug 14, 2024321$297.8M canonicalSEC ↗
Q1 202413F-HRMay 15, 2024265$192.6M canonicalSEC ↗