Crawford Fund Management, LLC

Fundamental concentrated ★Highest signal CIK 1816427
League rank
#628
in Fundamental concentrated · #3743 overall
Long book
$306.6M
Q1 2026
Positions
31
Top-10 weight
51%
concentration
Last quarter
+11.6%
SPY +14.8%
Turnover
24%
of book per quarter

Strategy in plain words

auto-generated from filings

Crawford Fund Management, LLC is a concentrated fundamental stock-picker, running a $306.6M US long book across 31 positions.

The portfolio is concentrated: the top 10 names carry 51% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: UBER TECHNOLOGIES INC, ROKU INC, MORNINGSTAR INC, WISDOMTREE INC, BOOZ ALLEN HAMILTON HOLDINGS.

Over the last 9 quarters its long book ran on average 0.6pp 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
-0.2%
Q2 2024
+8.4%
Q3 2024
-2.1%
Q4 2024
-0.5%
Q1 2025
+8.2%
Q2 2025
+6.6%
Q3 2025
+1.5%
Q4 2025
+1.5%
Q1 2026
+11.6%

Sector allocation

Financials
29%
Services media
15%
Communications
10%
Healthcare
9%
Industrials
8%
Other
6%
Technology
5%
Utilities
4%

Long book by quarter

$128.0M
Q1 2024
$126.2M
Q2 2024
$135.7M
Q3 2024
$149.3M
Q4 2024
$151.6M
Q1 2025
$169.8M
Q2 2025
$185.0M
Q3 2025
$311.9M
Q4 2025
$306.6M
Q1 2026

What does Crawford Fund own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
UBER UBER TECHNOLOGIES INCServices media293.3K$21.1M6.9%+30.6%
ROKU ROKU INCCommunications202.8K$19.2M6.3%+221.6%
MORN MORNINGSTAR INCFinancials89.2K$15.1M4.9%+339.4%
WT WISDOMTREE INCFinancials1.0M$14.9M4.9%-17.4%
BAH BOOZ ALLEN HAMILTON HOLDINGSServices media189.9K$14.8M4.8%+22.8%
XPEL XPEL INCIndustrials332.1K$14.7M4.8%-8.8%
CROX CROCS INCOther176.5K$14.7M4.8%+132.0%
CUBI CUSTOMERS BANCORP INCFinancials203.8K$14.1M4.6%+10.8%
TOST TOAST INC-CLASS ATechnology523.8K$13.9M4.5%+106.3%
LNG CHENIERE ENERGY INCUtilities46.0K$13.1M4.3%-45.9%
SA SEABRIDGE GOLD INCMaterials434.7K$12.3M4.0%+7.1%
NXST NEXSTAR MEDIA GROUP INCCommunications61.9K$11.2M3.7%-31.7%
NTB BANK OF N.T. BUTTERFIELD&SONFinancials207.4K$10.9M3.6%+2.9%
GRBK GREEN BRICK PARTNERS INCIndustrials156.7K$10.1M3.3%+66.9%
CDW CDW CORP/DEConsumer discretionary82.5K$10.0M3.3%+63.4%
HBCP HOME BANCORP INCFinancials161.5K$9.8M3.2%-5.3%
SAM BOSTON BEER COMPANY INC-AConsumer staples39.4K$9.1M3.0%-35.9%
UTHR UNITED THERAPEUTICS CORPHealthcare14.9K$8.8M2.9%+65.3%
ABNB AIRBNB INC-CLASS AServices media67.2K$8.5M2.8%+40.6%
CHE CHEMED CORPHealthcare21.3K$8.1M2.6%+47.3%
HLI HOULIHAN LOKEY INCFinancials50.5K$7.3M2.4%New
KNSL KINSALE CAPITAL GROUP INCFinancials21.0K$7.2M2.3%+738.8%
HROW HARROW INCHealthcare193.3K$6.8M2.2%+86.9%
NNI NELNET INC-CL AFinancials47.0K$6.1M2.0%+1.9%
HIFS HINGHAM INSTITUTION FOR SVGS14.7K$4.2M1.4%-40.3%
VCEL VERICEL CORPHealthcare130.0K$4.2M1.4%+591.4%
PM PHILIP MORRIS INTERNATIONALConsumer staples13.3K$2.2M0.7%-61.5%
RGLD ROYAL GOLD INCFinancials8.0K$2.0M0.7%New
COUR COURSERA INCTechnology210.0K$1.2M0.4%New
MLP MAUI LAND & PINEAPPLE COReal estate78.2K$1.2M0.4%-15.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026392$519.7M canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026424$759.0M canonicalSEC ↗
Q3 202513F-HRNov 14, 2025383$624.7M canonicalSEC ↗
Q2 202513F-HRAug 14, 2025379$536.4M canonicalSEC ↗
Q1 202513F-HRMay 15, 2025366$419.0M canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025422$577.0M canonicalSEC ↗
Q3 202413F-HRNov 14, 2024383$466.3M canonicalSEC ↗
Q2 202413F-HRAug 14, 2024356$396.2M canonicalSEC ↗
Q1 202413F-HRMay 15, 2024378$417.4M canonicalSEC ↗