Donoghue Forlines LLC

Quant stat arb Low signal CIK 1702435
League rank
#119
in Quant stat arb · #4513 overall
Long book
$361.4M
Q1 2026
Positions
118
Top-10 weight
38%
concentration
Last quarter
+10.7%
SPY +14.8%
Turnover
57%
of book per quarter

Strategy in plain words

auto-generated from filings

Donoghue Forlines LLC is a quantitative fund whose holdings reflect models, not opinions, running a $361.4M US long book across 118 positions.

The portfolio is moderately concentrated (top 10 ≈ 38% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SS SPDR P ST TERM TSY ETF, SS SPDR BB 1-3M T-BILL ETF, BONDBLOXX BBG 5 YR US TREAS, ISHARES 1-3 YEAR TREASURY BO, VANGUARD SHORT-TERM TREASURY.

Over the last 9 quarters its long book ran on average 0pp per quarter ahead of 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
+0.9%
Q2 2024
+5.7%
Q3 2024
+0.9%
Q4 2024
+0.4%
Q1 2025
+8.2%
Q2 2025
+5.2%
Q3 2025
+2.5%
Q4 2025
+6.1%
Q1 2026
+10.7%

Sector allocation

Financials
21%
Technology
20%
Industrials
13%
Healthcare
12%
Communications
6%
Other
6%
Utilities
5%
Energy
5%

Long book by quarter

$351.1M
Q1 2024
$352.0M
Q2 2024
$350.8M
Q3 2024
$299.0M
Q4 2024
$315.5M
Q1 2025
$350.6M
Q2 2025
$324.5M
Q3 2025
$323.4M
Q4 2025
$361.4M
Q1 2026

What does Donoghue Forlines own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BMY BRISTOL-MYERS SQUIBB COHealthcare83.4K$5.1M1.4%+187.4%
EIX EDISON INTERNATIONALUtilities59.0K$4.3M1.2%New
PFG PRINCIPAL FINANCIAL GROUPFinancials47.8K$4.3M1.2%+190.5%
TGT TARGET CORPConsumer discretionary35.5K$4.3M1.2%New
KEY KEYCORPFinancials214.8K$4.3M1.2%+196.3%
MTB M & T BANK CORPFinancials20.8K$4.3M1.2%+185.8%
VZ VERIZON COMMUNICATIONS INCCommunications83.3K$4.2M1.2%+123.7%
XOM EXXON MOBIL CORPEnergy24.3K$4.1M1.1%+95.2%
CMCSA COMCAST CORP-CLASS ACommunications138.0K$4.0M1.1%+156.2%
JNJ JOHNSON & JOHNSONHealthcare15.0K$3.7M1.0%-25.6%
MRK MERCK & CO. INC.Healthcare29.6K$3.6M1.0%+94.6%
LRCX LAM RESEARCH CORPIndustrials15.7K$3.4M0.9%+2.0%
AMAT APPLIED MATERIALS INCTechnology9.8K$3.4M0.9%+4.1%
ADI ANALOG DEVICES INCTechnology10.5K$3.3M0.9%New
GILD GILEAD SCIENCES INCHealthcare23.1K$3.2M0.9%New
LMT LOCKHEED MARTIN CORPIndustrials5.2K$3.1M0.9%+62.6%
CIEN CIENA CORPTechnology7.5K$2.9M0.8%-27.3%
MU MICRON TECHNOLOGY INCTechnology8.5K$2.9M0.8%-14.0%
CVX CHEVRON CORPEnergy13.6K$2.8M0.8%+38.3%
FTI TECHNIPFMC PLCIndustrials39.7K$2.7M0.8%New
ON ON SEMICONDUCTORTechnology43.1K$2.7M0.7%New
LITE LUMENTUM HOLDINGS INCTechnology3.8K$2.7M0.7%-39.4%
GOOGL ALPHABET INC-CL ATechnology9.3K$2.7M0.7%-16.8%
GLW CORNING INCIndustrials19.4K$2.6M0.7%-20.3%
ROST ROSS STORES INCConsumer discretionary12.0K$2.6M0.7%-4.8%
WAB WABTEC CORPIndustrials10.4K$2.6M0.7%New
CB CHUBB LTDFinancials7.9K$2.6M0.7%+2.4%
ENTG ENTEGRIS INCOther22.0K$2.6M0.7%New
WDC WESTERN DIGITAL CORPTechnology9.5K$2.6M0.7%-24.5%
KEYS KEYSIGHT TECHNOLOGIES INTechnology9.0K$2.5M0.7%New
CBOE CBOE GLOBAL MARKETS INCFinancials9.0K$2.5M0.7%-2.3%
WBD WARNER BROS DISCOVERY INCCommunications91.8K$2.5M0.7%+18.3%
FDX FEDEX CORPIndustrials7.1K$2.5M0.7%New
GRMN GARMIN LTDTechnology10.8K$2.5M0.7%New
TER TERADYNE INCTechnology8.5K$2.5M0.7%-24.7%
CME CME GROUP INCFinancials8.4K$2.5M0.7%+50.9%
TPR TAPESTRY INCOther17.6K$2.5M0.7%New
RBC RBC BEARINGS INCIndustrials4.6K$2.5M0.7%New
SNDK SANDISK CORPTechnology3.9K$2.5M0.7%-60.4%
CHTR CHARTER COMMUNICATIONS INC-ACommunications11.4K$2.5M0.7%New
AME AMETEK INCTechnology11.4K$2.4M0.7%New
CL COLGATE-PALMOLIVE COOther28.5K$2.4M0.7%New
COHR COHERENT CORPOther10.2K$2.4M0.7%-12.4%
DXCM DEXCOM INCHealthcare38.5K$2.4M0.7%New
HON HONEYWELL INTERNATIONAL INCIndustrials10.7K$2.4M0.7%New
OMC OMNICOM GROUPServices media31.9K$2.4M0.7%New
MSI MOTOROLA SOLUTIONS INCTechnology5.5K$2.4M0.7%New
CHD CHURCH & DWIGHT CO INCOther25.6K$2.4M0.7%New
ATI ATI INCIndustrials16.2K$2.4M0.7%New
TDY TELEDYNE TECHNOLOGIES INCTechnology3.9K$2.4M0.7%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 2026118$361.4M canonicalSEC ↗
Q4 202513F-HRFeb 5, 2026113$323.4M canonicalSEC ↗
Q3 202513F-HROct 29, 2025100$324.5M canonicalSEC ↗
Q2 202513F-HRAug 8, 2025102$350.6M canonicalSEC ↗
Q1 202513F-HRMay 12, 2025102$315.5M canonicalSEC ↗
Q4 202413F-HRJan 17, 202599$299.0M canonicalSEC ↗
Q3 202413F-HRNov 13, 2024226$350.8M canonicalSEC ↗
Q2 202413F-HRAug 6, 2024220$352.0M canonicalSEC ↗
Q1 202413F-HRMay 7, 2024218$351.1M canonicalSEC ↗