Counterpoint Mutual Funds LLC

Quant stat arb Low signal CIK 1698461
League rank
#80
in Quant stat arb · #2051 overall
Long book
$665.9M
Q1 2026
Positions
294
Top-10 weight
52%
concentration
Last quarter
+14.0%
SPY +14.8%
Turnover
81%
of book per quarter

Strategy in plain words

auto-generated from filings

Counterpoint Mutual Funds LLC is a quantitative fund whose holdings reflect models, not opinions, running a $665.9M US long book across 294 positions.

The portfolio is concentrated: the top 10 names carry 52% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SS SPDR BB 1-3M T-BILL ETF, COUNTERPOINT QUAN EQUITY ETF, ISHARES BROAD USD HIGH YIELD, SS SPDR BB HIGH YIELD BOND, ISHR IBX USD HIYLD CB ETF-UI.

Over the last 9 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 2 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
+1.4%
Q2 2024
+4.6%
Q3 2024
+1.8%
Q4 2024
-1.3%
Q1 2025
+5.9%
Q2 2025
+3.7%
Q3 2025
+1.3%
Q4 2025
+0.4%
Q1 2026
+14.0%

Sector allocation

Technology
33%
Services media
11%
Industrials
10%
Healthcare
10%
Consumer discretionary
9%
Communications
5%
Materials
5%
Consumer staples
5%

Long book by quarter

$407.9M
Q1 2024
$428.8M
Q2 2024
$527.7M
Q3 2024
$801.1M
Q4 2024
$698.0M
Q1 2025
$1.13B
Q2 2025
$1.27B
Q3 2025
$1.35B
Q4 2025
$665.9M
Q1 2026

What does Counterpoint Mutual own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
SPSC SPS COMMERCE INCTechnology91.8K$5.1M0.8%New
MNDY MONDAY.COM LTDTechnology73.5K$5.1M0.8%+2038.1%
VTRS VIATRIS INCHealthcare375.7K$5.1M0.8%+64.1%
ACI ALBERTSONS COS INC - CLASS AConsumer discretionary297.5K$5.1M0.8%New
AMN AMN HEALTHCARE SERVICES INCServices media276.0K$5.1M0.8%+18.9%
ZTS ZOETIS INCHealthcare42.8K$5.1M0.8%New
GM GENERAL MOTORS COIndustrials67.8K$5.1M0.8%+582.4%
CRDO CREDO TECHNOLOGY GROUP HOLDITechnology53.6K$5.0M0.8%+2516.3%
LBTYA LIBERTY GLOBAL LTD-ACommunications414.5K$5.0M0.8%+37.2%
GOLD GOLD.COM INCConsumer discretionary124.8K$5.0M0.8%+740.1%
VERX VERTEX INC - CLASS ATechnology406.8K$4.8M0.7%New
EZPW EZCORP INC-CL AConsumer discretionary189.2K$4.8M0.7%+634.5%
SBLK STAR BULK CARRIERS CORPIndustrials208.4K$4.8M0.7%New
LLY ELI LILLY & COHealthcare5.2K$4.8M0.7%New
SJM JM SMUCKER CO/THEConsumer staples49.6K$4.8M0.7%New
BRBR BELLRING BRANDS INCConsumer staples297.3K$4.8M0.7%+1483.7%
ADP AUTOMATIC DATA PROCESSINGTechnology23.5K$4.8M0.7%New
EXLS EXLSERVICE HOLDINGS INCServices media156.5K$4.8M0.7%New
TDC TERADATA CORPTechnology185.6K$4.8M0.7%New
VRRM VERRA MOBILITY CORPIndustrials332.4K$4.7M0.7%New
FIS FIDELITY NATIONAL INFO SERVServices media101.2K$4.7M0.7%New
CNC CENTENE CORPFinancials145.0K$4.7M0.7%+62.5%
MU MICRON TECHNOLOGY INCTechnology14.0K$4.7M0.7%+39.6%
TER TERADYNE INCTechnology16.0K$4.7M0.7%+520.8%
BKD BROOKDALE SENIOR LIVING INCHealthcare345.4K$4.7M0.7%+9.8%
ALAB ASTERA LABS INCTechnology43.1K$4.7M0.7%New
ONDS ONDAS INCTechnology520.1K$4.7M0.7%New
TTD TRADE DESK INC/THE -CLASS ATechnology206.7K$4.7M0.7%+1464.8%
VIAV VIAVI SOLUTIONS INCTechnology138.3K$4.6M0.7%+395.5%
TE T1 ENERGY INCTechnology1.0M$4.5M0.7%New
TENB TENABLE HOLDINGS INCTechnology265.5K$4.5M0.7%New
REAL REALREAL INC/THEConsumer discretionary492.8K$4.5M0.7%New
ADPT ADAPTIVE BIOTECHNOLOGIESHealthcare307.3K$4.3M0.6%New
LPTH LIGHTPATH TECHNOLOGIES INC-ATechnology423.7K$4.2M0.6%New
UNFI UNITED NATURAL FOODS INCConsumer discretionary93.7K$4.2M0.6%+285.9%
IBM INTL BUSINESS MACHINES CORPTechnology17.4K$4.2M0.6%New
BMY BRISTOL-MYERS SQUIBB COHealthcare69.5K$4.2M0.6%+1173.8%
BR BROADRIDGE FINANCIAL SOLUTIOServices media25.9K$4.2M0.6%New
AEM AGNICO EAGLE MINES LTDMaterials20.7K$4.2M0.6%New
G GENPACT LTDServices media113.0K$4.2M0.6%New
LDOS LEIDOS HOLDINGS INCTechnology27.1K$4.2M0.6%New
MNST MONSTER BEVERAGE CORPConsumer staples58.1K$4.2M0.6%New
GOOGL ALPHABET INC-CL ATechnology14.6K$4.2M0.6%+35.8%
TIGO MILLICOM INTL CELLULAR S.A.Communications56.0K$4.2M0.6%New
DHT DHT HOLDINGS INCIndustrials229.7K$4.2M0.6%+451.1%
MMS MAXIMUS INCServices media65.5K$4.2M0.6%New
EE EXCELERATE ENERGY INC-AUtilities125.4K$4.2M0.6%+999.6%
CALX CALIX INCCommunications85.5K$4.2M0.6%New
AG FIRST MAJESTIC SILVER CORPMaterials194.5K$4.2M0.6%New
SEDG SOLAREDGE TECHNOLOGIES INCTechnology20.4K$1.0M0.2%-79.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 27, 2026294$665.9M canonicalSEC ↗
Q4 202513F-HRFeb 12, 2026339$1.35B canonicalSEC ↗
Q3 202513F-HRNov 10, 2025318$1.27B canonicalSEC ↗
Q2 202513F-HRJul 14, 2025299$1.13B canonicalSEC ↗
Q1 202513F-HRFeb 12, 2026279$698.0M canonicalSEC ↗
Q4 202413F-HRFeb 10, 2025274$801.1M canonicalSEC ↗
Q3 202413F-HRNov 12, 2024290$527.7M canonicalSEC ↗
Q2 202413F-HRAug 13, 2024226$428.8M canonicalSEC ↗
Q1 202413F-HRApr 15, 2024166$407.9M canonicalSEC ↗