Contour Asset Management LLC

Fundamental concentrated ★Signal CIK 1510669
League rank
#371
in Fundamental concentrated · #891 overall
Long book
$3.08B
Q1 2026
Positions
27
Top-10 weight
59%
concentration
Last quarter
+17.7%
SPY +14.8%
Turnover
54%
of book per quarter

Strategy in plain words

auto-generated from filings

Contour Asset Management LLC is a concentrated fundamental stock-picker, running a $3.08B US long book across 27 positions.

The portfolio is concentrated: the top 10 names carry 59% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ALPHABET INC-CL A, BLOCK INC, LYFT INC-A, LIBERTY MEDIA CORP-FORMULA-C, BROADCOM INC.

Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 4 of 9 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
+2.8%
Q2 2024
+9.0%
Q3 2024
+14.1%
Q4 2024
-10.6%
Q1 2025
+15.6%
Q2 2025
+3.3%
Q3 2025
+0.4%
Q4 2025
-14.8%
Q1 2026
+17.7%

Sector allocation

Technology
56%
Services media
18%
Communications
11%
Industrials
5%
Financials
5%
Other
4%
Consumer discretionary
1%

Long book by quarter

$2.56B
Q1 2024
$2.96B
Q2 2024
$3.03B
Q3 2024
$3.46B
Q4 2024
$2.40B
Q1 2025
$3.06B
Q2 2025
$3.99B
Q3 2025
$4.29B
Q4 2025
$3.08B
Q1 2026

What does Contour Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOGL ALPHABET INC-CL ATechnology1.2M$336.9M10.9%+10.4%
XYZ BLOCK INCTechnology4.5M$272.9M8.9%-2.8%
LYFT LYFT INC-AServices media12.0M$159.0M5.2%+205.1%
FWONK LIBERTY MEDIA CORP-FORMULA-CCommunications1.8M$156.2M5.1%+51.9%
AVGO BROADCOM INCTechnology494.8K$153.2M5.0%+156.5%
TSLA TESLA INCIndustrials400.5K$148.9M4.8%+367.7%
CART MAPLEBEAR INCServices media3.9M$145.9M4.7%New
RBLX ROBLOX CORP -CLASS ATechnology2.5M$141.5M4.6%+390.4%
RKT ROCKET COS INC-CLASS AFinancials9.9M$140.6M4.6%+156.7%
BILL BILL HOLDINGS INCTechnology3.3M$128.0M4.2%-29.1%
GLBE GLOBAL-E ONLINE LTDTechnology3.7M$115.1M3.7%-22.9%
PYPL PAYPAL HOLDINGS INCServices media2.4M$110.7M3.6%New
TRMB TRIMBLE INCOther1.7M$110.2M3.6%-46.8%
ORCL ORACLE CORPTechnology639.1K$94.0M3.1%New
QRVO QORVO INCTechnology1.2M$93.7M3.0%-46.2%
MKSI MKS INCTechnology374.9K$86.1M2.8%New
ZETA ZETA GLOBAL HOLDINGS CORP-ATechnology5.1M$80.6M2.6%-54.6%
LBTYA LIBERTY GLOBAL LTD-ACommunications6.1M$73.4M2.4%+17.1%
VSAT VIASAT INCCommunications1.5M$70.0M2.3%New
MSGS MADISON SQUARE GARDEN SPORTSServices media205.3K$66.0M2.1%+7.5%
TTWO TAKE-TWO INTERACTIVE SOFTWRETechnology320.4K$63.3M2.1%-64.7%
AKAM AKAMAI TECHNOLOGIES INCServices media488.8K$56.1M1.8%New
AMAT APPLIED MATERIALS INCTechnology141.3K$48.3M1.6%New
LBTYK LIBERTY GLOBAL LTD-CCommunications2.6M$30.7M1.0%+0.3%
W WAYFAIR INC- CLASS AConsumer discretionary328.7K$24.7M0.8%New
ENPH ENPHASE ENERGY INCTechnology620.6K$23.5M0.8%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202654$3.08B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202657$4.29B canonicalSEC ↗
Q3 202513F-HRNov 14, 202561$3.99B canonicalSEC ↗
Q2 202513F-HRAug 14, 202555$3.06B canonicalSEC ↗
Q1 202513F-HRMay 15, 202551$2.40B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202553$3.46B canonicalSEC ↗
Q3 202413F-HRNov 14, 202453$3.03B canonicalSEC ↗
Q2 202413F-HRAug 14, 202455$2.96B canonicalSEC ↗
Q1 202413F-HRMay 15, 202453$2.56B canonicalSEC ↗