Clio Asset Management LLC
Long book
$119.3M
Q1 2026
Positions
16
Top-10 weight
81%
concentration
Last quarter
+5.6%
SPY +14.8%
Turnover
42%
of book per quarter
Strategy in plain words
auto-generated from filingsClio Asset Management LLC is a concentrated fundamental stock-picker, running a $119.3M 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: O'REILLY AUTOMOTIVE INC, FERGUSON ENTERPRISES INC, PALVELLA THERAPEUTICS INC, BERKSHIRE HATHAWAY INC-CL B, HILTON WORLDWIDE HOLDINGS IN.
Over the last 9 quarters its long book ran on average 3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-7.0%
Q2 2024
+11.2%
Q3 2024
-3.8%
Q4 2024
+2.9%
Q1 2025
+5.0%
Q2 2025
+6.1%
Q3 2025
-3.8%
Q4 2025
-2.5%
Q1 2026
+5.6%
Sector allocation
Consumer discretionary 41%
Services media 20%
Healthcare 13%
Technology 11%
Financials 9%
Materials 5%
Long book by quarter
What does Clio Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 198.0K | $18.3M | 15.3% | -20.0% |
| FERG FERGUSON ENTERPRISES INC | Consumer discretionary | 49.8K | $11.6M | 9.7% | -16.0% |
| PVLA PALVELLA THERAPEUTICS INC | Healthcare | 90.8K | $11.3M | 9.5% | -1.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 22.0K | $10.5M | 8.8% | -12.8% |
| HLT HILTON WORLDWIDE HOLDINGS IN | Services media | 33.5K | $10.2M | 8.5% | -24.1% |
| AZO AUTOZONE INC | Consumer discretionary | 2.7K | $9.0M | 7.5% | -29.2% |
| V VISA INC-CLASS A SHARES | Services media | 29.6K | $8.9M | 7.5% | +10.0% |
| LIN LINDE PLC | Materials | 12.9K | $6.4M | 5.3% | New |
| SHW SHERWIN-WILLIAMS CO/THE | Consumer discretionary | 17.2K | $5.5M | 4.6% | -1.1% |
| NOW SERVICENOW INC | Technology | 52.7K | $5.5M | 4.6% | -1.1% |
| VRSK VERISK ANALYTICS INC | Technology | 21.7K | $4.1M | 3.4% | New |
| MDLN MEDLINE INC-CL A | Healthcare | 91.2K | $4.1M | 3.4% | New |
| SPGI S&P GLOBAL INC | Services media | 9.5K | $4.0M | 3.4% | -27.2% |
| GOOGL ALPHABET INC-CL A | Technology | 13.1K | $3.8M | 3.2% | New |
| CPRT COPART INC | Consumer discretionary | 105.6K | $3.5M | 2.9% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 21, 2026 | 16 | $119.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 16, 2026 | 14 | $128.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 14 | $134.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 14, 2025 | 15 | $127.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 22, 2025 | 14 | $125.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 22, 2025 | 16 | $135.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 18, 2024 | 14 | $142.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 17, 2024 | 12 | $128.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 23, 2024 | 12 | $138.4M | canonical | SEC ↗ |
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