DOHENY ASSET MANAGEMENT /CA

Fundamental diversified ★Signal CIK 936936
League rank
#616
in Fundamental diversified · #4592 overall
Long book
$153.4M
Q1 2026
Positions
60
Top-10 weight
59%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
15%
of book per quarter

Strategy in plain words

auto-generated from filings

DOHENY ASSET MANAGEMENT /CA is a diversified fundamental manager, running a $153.4M US long book across 60 positions.

The portfolio is concentrated: the top 10 names carry 59% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, NVIDIA CORP, BROADCOM INC, ALPHABET INC-CL C, EXXON MOBIL CORP.

Over the last 9 quarters its long book ran on average 0.2pp per quarter ahead of the S&P 500, beating the index in 5 of 9 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
+10.8%
Q2 2024
+0.6%
Q3 2024
+1.3%
Q4 2024
-7.7%
Q1 2025
+12.3%
Q2 2025
+10.3%
Q3 2025
+4.2%
Q4 2025
-0.8%
Q1 2026
+10.6%

Sector allocation

Technology
46%
Energy
14%
Healthcare
9%
Consumer discretionary
7%
Utilities
5%
Materials
5%
Financials
5%
Industrials
5%

Long book by quarter

$121.7M
Q1 2024
$140.4M
Q2 2024
$146.4M
Q3 2024
$134.0M
Q4 2024
$127.7M
Q1 2025
$142.7M
Q2 2025
$157.6M
Q3 2025
$163.8M
Q4 2025
$153.4M
Q1 2026

What does DOHENY ASSET own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology62.4K$15.8M10.3%-6.8%
NVDA NVIDIA CORPTechnology85.9K$15.0M9.8%-10.4%
AVGO BROADCOM INCTechnology43.2K$13.4M8.7%-2.1%
GOOG ALPHABET INC-CL CTechnology32.1K$9.2M6.0%-6.4%
XOM EXXON MOBIL CORPEnergy52.1K$8.8M5.8%-7.1%
VST VISTRA CORPUtilities46.9K$7.0M4.6%+2.7%
AMZN AMAZON.COM INCConsumer discretionary30.7K$6.4M4.2%+14.7%
AEM AGNICO EAGLE MINES LTDMaterials28.9K$5.9M3.8%+0.4%
GOOGL ALPHABET INC-CL ATechnology18.0K$5.2M3.4%-10.0%
FANG DIAMONDBACK ENERGY INCEnergy19.9K$3.9M2.6%-3.3%
LLY ELI LILLY & COHealthcare4.3K$3.9M2.6%-6.0%
COST COSTCO WHOLESALE CORPConsumer discretionary3.8K$3.8M2.5%-9.5%
PM PHILIP MORRIS INTERNATIONALConsumer staples20.9K$3.5M2.2%-11.1%
ENB ENBRIDGE INCEnergy62.7K$3.4M2.2%-4.6%
ABBV ABBVIE INCHealthcare15.6K$3.4M2.2%-10.0%
AXP AMERICAN EXPRESS COFinancials9.9K$3.0M1.9%Held
NTRA NATERA INCHealthcare12.7K$2.5M1.7%New
EOG EOG RESOURCES INCEnergy16.7K$2.4M1.6%-6.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials4.5K$2.2M1.4%-8.1%
ETN EATON CORP PLCIndustrials5.9K$2.1M1.4%-2.0%
CVX CHEVRON CORPEnergy9.3K$1.9M1.3%-7.0%
QCOM QUALCOMM INCTechnology14.9K$1.9M1.3%-6.4%
MSFT MICROSOFT CORPTechnology5.0K$1.8M1.2%-20.2%
JNJ JOHNSON & JOHNSONHealthcare7.0K$1.7M1.1%-1.4%
FIP FTAI INFRASTRUCTURE INCIndustrials339.8K$1.7M1.1%-26.3%
MCHP MICROCHIP TECHNOLOGY INCTechnology22.9K$1.5M1.0%-9.0%
MRK MERCK & CO. INC.Healthcare11.9K$1.4M0.9%Held
TXN TEXAS INSTRUMENTS INCTechnology6.6K$1.3M0.8%Held
JPM JPMORGAN CHASE & COFinancials4.0K$1.2M0.8%Held
AMD ADVANCED MICRO DEVICESTechnology5.6K$1.1M0.7%-21.3%
PEP PEPSICO INCConsumer staples6.4K$991K0.6%Held
PSX PHILLIPS 66Energy5.3K$971K0.6%-0.9%
TMUS T-MOBILE US INCCommunications4.5K$950K0.6%-22.1%
CDE COEUR MINING INCMaterials44.1K$828K0.5%New
META META PLATFORMS INC-CLASS ATechnology1.3K$742K0.5%Held
CCJ CAMECO CORPMaterials6.4K$692K0.5%Held
GD GENERAL DYNAMICS CORPIndustrials2.0K$683K0.4%Held
IBM INTL BUSINESS MACHINES CORPTechnology2.6K$641K0.4%Held
DUK DUKE ENERGY CORPUtilities4.6K$596K0.4%Held
RTX RTX CORPIndustrials2.9K$557K0.4%Held
TSLA TESLA INCIndustrials1.4K$527K0.3%-11.0%
HON HONEYWELL INTERNATIONAL INCIndustrials2.0K$450K0.3%Held
EFX EQUIFAX INCServices media2.5K$450K0.3%Held
CAT CATERPILLAR INCIndustrials627$444K0.3%Held
KO COCA-COLA CO/THEConsumer staples5.8K$438K0.3%Held
AMGN AMGEN INCHealthcare1.2K$428K0.3%Held
MS MORGAN STANLEYFinancials2.5K$407K0.3%Held
AROC ARCHROCK INCUtilities10.0K$348K0.2%-8.3%
SFL SFL CORP LTDIndustrials28.0K$302K0.2%New
BMY BRISTOL-MYERS SQUIBB COHealthcare4.2K$255K0.2%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 7, 202660$153.4M $K fixed canonicalSEC ↗
Q4 202513F-HRFeb 11, 202662$163.8M $K fixed canonicalSEC ↗
Q3 202513F-HRNov 12, 202564$157.6M $K fixed canonicalSEC ↗
Q2 202513F-HRAug 14, 202566$147.2M $K fixed canonicalSEC ↗
Q1 202513F-HRMay 14, 202566$127.7M $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 10, 202560$134.0M $K fixed canonicalSEC ↗
Q3 202413F-HRNov 14, 202474$146.5M $K fixed canonicalSEC ↗
Q2 202413F-HR/ARESTATEMENTAug 15, 202474$140.4M $K fixed canonicalSEC ↗
Q2 202413F-HRAug 7, 202474$140K SEC ↗
Q1 202413F-HRMay 8, 202470$121.7M $K fixed canonicalSEC ↗