COSMIC MANAGEMENT, LLC

Fundamental diversified ★Signal technology specialist (96%) CIK 2113747
Long book
$228.8M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
+43.1%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

COSMIC MANAGEMENT, LLC is a diversified fundamental manager, specialised in technology (96% of the long book), running a $228.8M US long book across 4 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NAVAN INC-CL A, FIGMA INC-CL A, SAMSARA INC-CL A, BIOAGE LABS INC.

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 2025
-29.5%
Q1 2026
+43.1%

Sector allocation

Technology
96%
Healthcare
4%

Long book by quarter

$324.6M
Q4 2025
$228.8M
Q1 2026

What does COSMIC own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NAVN NAVAN INC-CL ATechnology7.1M$94.5M41.3%Held
FIG FIGMA INC-CL ATechnology4.1M$85.7M37.5%Held
IOT SAMSARA INC-CL ATechnology1.3M$39.8M17.4%Held
BIOA BIOAGE LABS INCHealthcare501.8K$8.8M3.8%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 20264$228.8M canonicalSEC ↗
Q4 202513F-HRFeb 25, 20264$324.6M canonicalSEC ↗