DLD Asset Management, LP

Quant stat arb Low signal financials specialist (73%) CIK 1578299
League rank
#151
in Quant stat arb · #7224 overall
Long book
$334.8M
Q1 2026
Positions
309
Top-10 weight
21%
concentration
Last quarter
+2.0%
SPY +14.8%
Turnover
57%
of book per quarter

Strategy in plain words

auto-generated from filings

DLD Asset Management, LP is a quantitative fund whose holdings reflect models, not opinions, specialised in financials (73% of the long book), running a $334.8M US long book across 309 positions.

The portfolio is broadly diversified across 309 positions (top 10 only 21%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: MARTI TECHNOLOGIES INC, MEDLINE INC-CL A, STANDARDAERO INC, D. BORAL ACQUISITION I-CL A, CANTOR EQUITY PARTNERS-CL A.

Over the last 9 quarters its long book ran on average 2.8pp per quarter behind the S&P 500, beating the index in 3 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
-0.6%
Q2 2024
+2.4%
Q3 2024
+3.4%
Q4 2024
+0.6%
Q1 2025
+4.6%
Q2 2025
+3.4%
Q3 2025
+1.5%
Q4 2025
-2.5%
Q1 2026
+2.0%

Sector allocation

Financials
68%
Technology
7%
Industrials
6%
Services media
5%
Healthcare
5%
Other
5%
Utilities
3%
Communications
2%

Long book by quarter

$39.6M
Q1 2024
$49.5M
Q2 2024
$39.1M
Q3 2024
$76.8M
Q4 2024
$115.9M
Q1 2025
$206.7M
Q2 2025
$238.3M
Q3 2025
$293.6M
Q4 2025
$334.8M
Q1 2026

What does DLD Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MRT MARTI TECHNOLOGIES INCServices media6.6M$13.1M3.9%-0.3%
MDLN MEDLINE INC-CL AHealthcare220.0K$9.8M2.9%New
SARO STANDARDAERO INCIndustrials300.0K$7.7M2.3%New
DBCA D. BORAL ACQUISITION I-CL AFinancials750.0K$7.4M2.2%New
MCGA YORKVILLE ACQUISITION CORP-AFinancials641.1K$6.5M1.9%+4.5%
SIMA SIM ACQUISITION CORP I-AFinancials501.4K$5.4M1.6%New
MTSI MACOM TECHNOLOGY SOLUTIONS HTechnology23.0K$5.1M1.5%-46.0%
BEAG BOLD EAGLE ACQUISITION COR-AFinancials449.0K$4.7M1.4%+28.3%
TEM TEMPUS AI INC-CL ATechnology90.1K$4.1M1.2%-0.2%
BCAR D. BORAL ARC ACQUISIT - CL ATechnology400.0K$4.0M1.2%+200.0%
DYNC DYNAMIX CORPFinancials384.2K$4.0M1.2%Held
FCRS FUTURECREST ACQUISITION-CL AFinancials351.5K$3.5M1.1%+954.4%
WLAC WILLOW LANE ACQUISITION-CL A329.0K$3.5M1.0%+124.1%
WENN WEN ACQUISITION CORP-AFinancials333.3K$3.4M1.0%Held
KRSP RICE ACQUISITION CORP 3-AFinancials309.9K$3.2M1.0%+491.3%
TLNC TALON CAPITAL CORP-CL AFinancials292.8K$3.0M0.9%+149.2%
FPS FORGENT POWER SOLUTIONS-CL AIndustrials100.0K$2.9M0.9%New
AVAV AEROVIRONMENT INCIndustrials15.9K$2.9M0.9%New
BCSS BAIN CAPITAL GSS INV- AFinancials276.0K$2.8M0.8%+7.8%
GSRF GSR IV ACQUISITION CORP-CL AFinancials266.7K$2.7M0.8%Held
EVAC EQV VENTURES ACQUISITION C-AFinancials262.3K$2.6M0.8%-22.2%
AAUC ALLIED GOLD CORP61.1K$2.6M0.8%New
HCMA HCM III ACQUISITION COR-CL AFinancials250.0K$2.5M0.8%+19.0%
430 TERNS PHARMACEUTICALS INC47.0K$2.5M0.7%+840.5%
NSC NORFOLK SOUTHERN CORPIndustrials8.4K$2.4M0.7%-31.3%
PEN PENUMBRA INCHealthcare7.2K$2.4M0.7%New
BLUW BLUE WATER ACQUISITION C-AFinancials230.0K$2.4M0.7%Held
OTGA OTG ACQUISITION CORP I-CL AFinancials234.9K$2.4M0.7%Held
HYAC HAYMAKER ACQUISITION CORP 4204.0K$2.3M0.7%Held
BBCQ BLEICHROEDER ACQUIS II-CL AFinancials233.2K$2.3M0.7%New
KBON KARBON CAPITAL PARTNERS-CL AFinancials225.0K$2.3M0.7%New
NPAC NEW PROVIDENCE ACQUISITION-AFinancials219.5K$2.3M0.7%Held
RAC RITHM ACQUISITION CORP-AFinancials215.6K$2.2M0.7%Held
IEAG INFINITE EAGLE CL-AFinancials220.0K$2.2M0.7%New
CCIX CHURCHILL CAPITAL CORP IXTechnology200.9K$2.1M0.6%-23.0%
CEPF CANTOR EQUITY PARTNERS-CL AFinancials208.2K$2.1M0.6%-19.4%
SVAC SPRING VALLEY ACQUISITION-AUtilities205.7K$2.1M0.6%+100.5%
IPEX INFLECTION POINT ACQUISITIONFinancials200.0K$2.1M0.6%Held
XRPN ARMADA ACQUISITION -CLASS AFinancials199.1K$2.1M0.6%Held
TVA TEXAS VENTURES ACQUISITION-AFinancials197.1K$2.0M0.6%+106.9%
PMTR PERIMETER ACQUIS CORP I CL AFinancials199.4K$2.0M0.6%Held
CCII COHEN CIRCLE ACQUISIT II - AFinancials200.0K$2.0M0.6%Held
AXIN AXIOM INTELLIGENCE-CL AFinancials200.0K$2.0M0.6%Held
TXNM TXNM ENERGY INCUtilities34.4K$2.0M0.6%-59.6%
AES AES CORPUtilities142.0K$2.0M0.6%New
DSAC DAEDALUS SPECIAL ACQUIS-CL AFinancials200.0K$2.0M0.6%New
FGII FG IMPERII ACQUISITION-CL AFinancials200.0K$2.0M0.6%New
VHCP VINE HILL CAPITAL INVES-CL AFinancials200.0K$2.0M0.6%New
HLXC HELIX ACQUISITION CORP-CL AFinancials194.8K$2.0M0.6%New
CEPV CANTOR EQUITY PARTNERS-CL AFinancials173.4K$1.8M0.5%+1085.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 2026357$1.10B canonicalSEC ↗
Q4 202513F-HRFeb 13, 2026375$1.35B canonicalSEC ↗
Q3 202513F-HR/ARESTATEMENTNov 14, 2025346$1.38B canonicalSEC ↗
Q3 202513F-HRNov 13, 2025355$1.39B SEC ↗
Q2 202513F-HRAug 13, 2025266$1.23B SEC ↗
Q2 202513F-HR/ARESTATEMENTAug 13, 2025261$1.21B canonicalSEC ↗
Q1 202513F-HR/ARESTATEMENTMay 29, 2025140$1.30B canonicalSEC ↗
Q1 202513F-HRMay 14, 202598$1.23B SEC ↗
Q4 202413F-HRFeb 12, 202576$827.0M canonicalSEC ↗
Q3 202413F-HRNov 13, 202455$721.6M canonicalSEC ↗
Q2 202413F-HRAug 13, 202469$510.5M canonicalSEC ↗
Q1 202413F-HRMay 14, 202471$717.1M canonicalSEC ↗