DAG VENTURES, LLC
Long book
$128.8M
Q1 2026
Positions
3
Top-10 weight
100%
concentration
Last quarter
-0.9%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsDAG VENTURES, LLC is a diversified fundamental manager, specialised in financials (99% of the long book), running a $128.8M US long book across 3 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: WEALTHFRONT CORP, BLOCK INC, OPORTUN FINANCIAL CORP.
Over the last 5 quarters its long book ran on average 9.4pp per quarter behind the S&P 500, beating the index in 1 of 5 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
-22.1%
Q2 2024
+3.5%
Q3 2024
+27.5%
Q4 2025
-31.8%
Q1 2026
-0.9%
Sector allocation
Financials 99%
Technology 1%