Cladis Investment Advisory, LLC

Other Low signal CIK 1911520
League rank
#330
in Other · #1324 overall
Long book
$181.7M
Q1 2026
Positions
159
Top-10 weight
29%
concentration
Last quarter
+15.7%
SPY +14.8%
Turnover
11%
of book per quarter

Strategy in plain words

auto-generated from filings

Cladis Investment Advisory, LLC is an institutional manager, running a $181.7M US long book across 159 positions.

The portfolio is moderately concentrated (top 10 ≈ 29% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, NVIDIA CORP, AMAZON.COM INC, GENERAL ELECTRIC, MICROSOFT CORP.

Over the last 9 quarters its long book ran on average 1pp per quarter ahead of the S&P 500, beating the index in 6 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
+3.6%
Q2 2024
+7.3%
Q3 2024
+1.3%
Q4 2024
-3.0%
Q1 2025
+10.6%
Q2 2025
+10.1%
Q3 2025
+3.8%
Q4 2025
+0.3%
Q1 2026
+15.7%

Sector allocation

Technology
32%
Industrials
14%
Financials
10%
Consumer discretionary
10%
Healthcare
9%
Energy
6%
Services media
5%
Materials
4%

Long book by quarter

$253.7M
Q1 2024
$257.4M
Q2 2024
$144.3M
Q3 2024
$141.0M
Q4 2024
$138.2M
Q1 2025
$159.6M
Q2 2025
$174.7M
Q3 2025
$182.7M
Q4 2025
$181.7M
Q1 2026

What does Cladis Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology53.5K$13.6M7.5%-4.3%
NVDA NVIDIA CORPTechnology48.0K$8.4M4.6%+0.3%
AMZN AMAZON.COM INCConsumer discretionary21.3K$4.4M2.4%-1.4%
GE GENERAL ELECTRICIndustrials15.3K$4.3M2.4%-4.8%
MSFT MICROSOFT CORPTechnology11.4K$4.2M2.3%+2.5%
GEV GE VERNOVA INCIndustrials4.8K$4.2M2.3%-4.4%
LLY ELI LILLY & COHealthcare4.1K$3.8M2.1%-11.0%
XOM EXXON MOBIL CORPEnergy21.3K$3.6M2.0%-1.6%
COST COSTCO WHOLESALE CORPConsumer discretionary3.2K$3.2M1.8%-2.0%
CAT CATERPILLAR INCIndustrials4.3K$3.0M1.7%-11.1%
FIBK FIRST INTERSTATE BANCSYS-AFinancials85.0K$2.8M1.6%-3.3%
IBM INTL BUSINESS MACHINES CORPTechnology11.2K$2.7M1.5%-0.4%
VZ VERIZON COMMUNICATIONS INCCommunications51.1K$2.6M1.4%-2.8%
T AT&T INCCommunications87.1K$2.5M1.4%-4.5%
NEE NEXTERA ENERGY INCUtilities23.5K$2.2M1.2%-4.4%
JPM JPMORGAN CHASE & COFinancials7.2K$2.1M1.2%-1.4%
QXO QXO INCConsumer discretionary103.6K$2.0M1.1%-3.5%
VRT VERTIV HOLDINGS CO-ATechnology7.8K$2.0M1.1%-18.9%
UPS UNITED PARCEL SERVICE-CL BIndustrials19.6K$1.9M1.1%-13.2%
ORCL ORACLE CORPTechnology12.8K$1.9M1.0%+94.4%
KNF KNIFE RIVER CORPMaterials21.8K$1.8M1.0%-0.5%
PFE PFIZER INCHealthcare62.0K$1.7M1.0%-4.5%
MRK MERCK & CO. INC.Healthcare14.1K$1.7M0.9%-3.7%
AMD ADVANCED MICRO DEVICESTechnology8.1K$1.6M0.9%+12.6%
NFLX NETFLIX INCServices media16.7K$1.6M0.9%+31.6%
FTAI FTAI AVIATION LTDServices media6.5K$1.6M0.9%-23.5%
NKE NIKE INC -CL BOther29.6K$1.6M0.9%+16.0%
DIS WALT DISNEY CO/THEServices media16.1K$1.6M0.9%+0.8%
META META PLATFORMS INC-CLASS ATechnology2.7K$1.5M0.8%+3.3%
WMT WALMART INCConsumer discretionary12.3K$1.5M0.8%-7.7%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials3.1K$1.5M0.8%-1.6%
ECG EVERUS CONSTRUCTION GROUPIndustrials12.5K$1.5M0.8%-21.2%
F FORD MOTOR COIndustrials124.5K$1.4M0.8%0.0%
UNH UNITEDHEALTH GROUP INCFinancials5.3K$1.4M0.8%+33.1%
UBER UBER TECHNOLOGIES INCServices media18.8K$1.4M0.7%+71.5%
PSX PHILLIPS 66Energy7.1K$1.3M0.7%Held
GBCI GLACIER BANCORP INCFinancials28.3K$1.3M0.7%-3.4%
MDU MDU RESOURCES GROUP INCMaterials60.2K$1.2M0.7%-12.6%
GEHC GE HEALTHCARE TECHNOLOGYHealthcare17.2K$1.2M0.7%-0.1%
DELL DELL TECHNOLOGIES -CTechnology7.3K$1.2M0.7%-14.8%
SNOW SNOWFLAKE INCTechnology7.7K$1.2M0.6%-1.3%
ONT ONTERRIS INCServices media52.9K$1.2M0.6%-9.4%
GOOGL ALPHABET INC-CL ATechnology4.0K$1.1M0.6%+303.4%
INTC INTEL CORPTechnology24.3K$1.1M0.6%-19.8%
FDX FEDEX CORPIndustrials3.0K$1.1M0.6%Held
SBUX STARBUCKS CORPConsumer discretionary11.8K$1.1M0.6%-0.8%
CPK CHESAPEAKE UTILITIES CORPUtilities8.0K$1.0M0.6%Held
HD HOME DEPOT INCConsumer discretionary3.0K$1.0M0.6%+5.6%
COIN COINBASE GLOBAL INC -CLASS AFinancials5.5K$957K0.5%+207.9%
GS GOLDMAN SACHS GROUP INCFinancials1.1K$956K0.5%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026159$181.7M canonicalSEC ↗
Q4 202513F-HRFeb 13, 2026154$182.7M canonicalSEC ↗
Q3 202513F-HRNov 13, 2025145$174.7M canonicalSEC ↗
Q2 202513F-HRAug 11, 2025147$159.6M canonicalSEC ↗
Q1 202513F-HRMay 13, 2025137$138.2M canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025131$141.0M canonicalSEC ↗
Q3 202413F-HRNov 14, 2024135$144.3M canonicalSEC ↗
Q2 202413F-HR/ANEW HOLDINGSOct 9, 2024136$137.9M canonicalSEC ↗
Q2 202413F-HRAug 14, 2024126$119.5M canonicalSEC ↗
Q1 202413F-HR/ANEW HOLDINGSOct 9, 2024138$136.3M canonicalSEC ↗
Q1 202413F-HRMay 13, 2024126$117.5M canonicalSEC ↗