Capital Impact Advisors, LLC

Fundamental diversified ★Signal CIK 1602198
League rank
#278
in Fundamental diversified · #1216 overall
Long book
$247.5M
Q1 2026
Positions
30
Top-10 weight
48%
concentration
Last quarter
+16.1%
SPY +14.8%
Turnover
29%
of book per quarter

Strategy in plain words

auto-generated from filings

Capital Impact Advisors, LLC is a diversified fundamental manager, running a $247.5M US long book across 30 positions.

The portfolio is moderately concentrated (top 10 ≈ 48% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, META PLATFORMS INC-CLASS A, UBIQUITI INC, ARISTA NETWORKS INC, PALANTIR TECHNOLOGIES INC-A.

Over the last 8 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 4 of 8 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
-4.8%
Q2 2024
+0.7%
Q3 2024
+11.6%
Q1 2025
+24.2%
Q2 2025
+14.8%
Q3 2025
-4.5%
Q4 2025
-16.7%
Q1 2026
+16.1%

Sector allocation

Technology
58%
Healthcare
15%
Financials
11%
Industrials
9%
Services media
3%
Communications
2%

Long book by quarter

$76.9M
Q1 2024
$35.5M
Q2 2024
$3.2M
Q3 2024
$261.0M
Q1 2025
$332.2M
Q2 2025
$447.1M
Q3 2025
$1.28B
Q4 2025
$247.5M
Q1 2026

What does Capital Impact own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology111.2K$19.4M7.8%-86.5%
META META PLATFORMS INC-CLASS ATechnology28.0K$16.0M6.5%-76.3%
UI UBIQUITI INCTechnology16.9K$13.4M5.4%-58.7%
ANET ARISTA NETWORKS INCTechnology101.2K$12.4M5.0%-60.9%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology83.2K$12.2M4.9%-59.1%
IBKR INTERACTIVE BROKERS GRO-CL AFinancials166.8K$11.2M4.5%-66.2%
GOOGL ALPHABET INC-CL ATechnology31.4K$9.0M3.6%New
TSLA TESLA INCIndustrials23.9K$8.9M3.6%-72.6%
RMD RESMED INCHealthcare38.0K$8.5M3.5%-76.1%
APP APPLOVIN CORP-CLASS ATechnology20.4K$8.1M3.3%-66.9%
NTRA NATERA INCHealthcare40.0K$8.0M3.2%-77.6%
DASH DOORDASH INC - AServices media53.1K$8.0M3.2%-64.7%
ORCL ORACLE CORPTechnology54.2K$8.0M3.2%-67.8%
RKLB ROCKET LAB CORPIndustrials118.5K$7.6M3.1%-73.8%
EXEL EXELIXIS INCHealthcare171.5K$7.4M3.0%-84.3%
GMED GLOBUS MEDICAL INC - AHealthcare83.7K$7.2M2.9%New
VEEV VEEVA SYSTEMS INC-CLASS ATechnology40.6K$7.1M2.9%-79.0%
HOOD ROBINHOOD MARKETS INC - AFinancials99.4K$6.9M2.8%-63.4%
AXON AXON ENTERPRISE INCIndustrials16.0K$6.8M2.8%New
MEDP MEDPACE HOLDINGS INCHealthcare14.1K$6.8M2.7%-83.2%
TOST TOAST INC-CLASS ATechnology238.3K$6.3M2.6%-83.1%
ZS ZSCALER INCTechnology44.1K$6.2M2.5%-68.8%
MDB MONGODB INCTechnology22.9K$5.6M2.3%New
RDDT REDDIT INC-CL ATechnology41.2K$5.5M2.2%-65.4%
PEGA PEGASYSTEMS INCTechnology125.8K$5.4M2.2%-83.6%
ROKU ROKU INCCommunications56.5K$5.3M2.2%New
COIN COINBASE GLOBAL INC -CLASS AFinancials30.1K$5.3M2.1%-65.6%
TTD TRADE DESK INC/THE -CLASS ATechnology225.0K$5.1M2.1%-50.0%
AFRM AFFIRM HOLDINGS INCFinancials109.9K$5.0M2.0%-85.0%
PATH UIPATH INC - CLASS ATechnology434.9K$4.8M2.0%-86.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202630$247.5M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202630$1.28B canonicalSEC ↗
Q3 202513F-HRNov 14, 202530$447.1M canonicalSEC ↗
Q2 202513F-HRAug 18, 202530$332.2M canonicalSEC ↗
Q1 202513F-HRMay 20, 202530$261.0M canonicalSEC ↗
Q3 202413F-HRNov 14, 20241$3.2M canonicalSEC ↗
Q2 202413F-HRAug 16, 202453$35.5M canonicalSEC ↗
Q1 202413F-HRMay 15, 202492$76.9M canonicalSEC ↗