CIBRA Capital Ltd
Long book
$207.2M
Q1 2026
Positions
25
Top-10 weight
73%
concentration
Last quarter
-14.7%
SPY +14.8%
Turnover
84%
of book per quarter
Strategy in plain words
auto-generated from filingsCIBRA Capital Ltd is a concentrated fundamental stock-picker, running a $207.2M US long book across 25 positions.
The portfolio is concentrated: the top 10 names carry 73% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: AMICUS THERAPEUTICS INC, SEALED AIR CORP, TXNM ENERGY INC, MASIMO CORP, HOLOGIC INC.
Over the last 4 quarters its long book ran on average 7.2pp per quarter behind the S&P 500, beating the index in 2 of 4 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
+9.8%
Q1 2025
-6.6%
Q4 2025
-0.2%
Q1 2026
-14.7%
Sector allocation
Other 56%
Services media 15%
Utilities 11%
Healthcare 5%
Communications 4%
Financials 4%
Energy 2%
Technology 2%
Long book by quarter
What does CIBRA Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AM6 AMICUS THERAPEUTICS INC | — | 1.7M | $24.4M | 11.8% | +700.6% |
| SDA SEALED AIR CORP | Services media | 514.6K | $21.6M | 10.4% | New |
| TXNM TXNM ENERGY INC | Utilities | 283.5K | $16.6M | 8.0% | New |
| MASI* MASIMO CORP | — | 90.4K | $16.1M | 7.8% | New |
| HO1 HOLOGIC INC | — | 209.0K | $15.8M | 7.6% | +232.6% |
| AAUC ALLIED GOLD CORP | — | 423.7K | $13.1M | 6.3% | New |
| K4F ONESTREAM INC | — | 519.7K | $12.5M | 6.0% | New |
| PEN PENUMBRA INC | Healthcare | 31.6K | $10.4M | 5.0% | New |
| ACLXGBX ARCELLX INC | — | 88.6K | $10.2M | 4.9% | New |
| WBD WARNER BROS DISCOVERY INC | Communications | 295.5K | $8.1M | 3.9% | +680.9% |
| 430 TERNS PHARMACEUTICALS INC | — | 151.4K | $8.0M | 3.9% | New |
| DBRG DIGITALBRIDGE GROUP INC | Financials | 474.1K | $7.3M | 3.5% | +262.4% |
| UNF UNIFIRST CORP/MA | Services media | 26.4K | $6.6M | 3.2% | New |
| BVE DIAMOND HILL INVESTMENT GRP | — | 32.7K | $5.6M | 2.7% | +408.2% |
| VAL VALARIS LTD | Energy | 38.8K | $3.8M | 1.8% | New |
| EA ELECTRONIC ARTS INC | Technology | 15.6K | $3.2M | 1.5% | -36.4% |
| AES AES CORP | Utilities | 195.7K | $2.8M | 1.3% | New |
| EGO ELDORADO GOLD CORP | Materials | 73.3K | $2.5M | 1.2% | New |
| NVRI ENVIRI CORP | Utilities | 109.4K | $2.1M | 1.0% | New |
| APLSUSD APELLIS PHARMACEUTICALS INC | — | 50.0K | $2.0M | 1.0% | New |
| LLYVA LIBERTY LIVE HOLDINGS-A | Services media | 6.0K | $546K | 0.3% | New |
| SNCY SUN COUNTRY AIRLINES HOLDING | — | 22.5K | $372K | 0.2% | New |
| AVO MISSION PRODUCE INC | Consumer staples | 26.8K | $368K | 0.2% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 24, 2026 | 25 | $207.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 14, 2026 | 18 | $58.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-NT | Oct 3, 2025 | — | $0 | SEC ↗ | |
| Q2 2025 | 13F-NT | Aug 12, 2025 | — | $0 | SEC ↗ | |
| Q1 2025 | 13F-HR | Apr 28, 2025 | 25 | $292.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Mar 18, 2025 | 24 | $146.7M | canonical | SEC ↗ |
Similar funds
Sanders Capital, LLCGATES FOUNDATION TRUSTEAGLE CAPITAL MANAGEMENT LLCWoodbridge Co LtdAlecta Tjanstepension OmsesidigtMubadala Investment Co PJSCH&H International Investment, LLCNewlands Management Operations LLCINVESTOR ABIndependent Franchise Partners LLPPineStone Asset Management Inc.Pentwater Capital Management LP