ELEMENT CAPITAL MANAGEMENT LLC

Fundamental concentrated ★Signal CIK 1535630
League rank
#811
in Fundamental concentrated · #6758 overall
Long book
$255.1M
Q1 2026
Positions
34
Top-10 weight
70%
concentration
Last quarter
+6.8%
SPY +14.8%
Turnover
91%
of book per quarter

Strategy in plain words

auto-generated from filings

ELEMENT CAPITAL MANAGEMENT LLC is a concentrated fundamental stock-picker, running a $255.1M US long book across 34 positions.

The portfolio is concentrated: the top 10 names carry 70% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: T-MOBILE US INC, WIX.COM LTD, META PLATFORMS INC-CLASS A, SOLSTICE ADV MATERIALS INC, ALPHABET INC-CL C.

Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 3 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
+2.2%
Q2 2024
+5.3%
Q3 2024
+2.7%
Q4 2024
+10.8%
Q1 2025
+4.5%
Q2 2025
-9.1%
Q3 2025
+1.0%
Q4 2025
+5.3%
Q1 2026
+6.8%

Sector allocation

Technology
45%
Communications
23%
Industrials
11%
Materials
8%
Financials
6%
Healthcare
2%
Services media
2%
Other
2%

Long book by quarter

$151.3M
Q1 2024
$1.29B
Q2 2024
$2.21B
Q3 2024
$10.1M
Q4 2024
$402.3M
Q1 2025
$40.9M
Q2 2025
$70.6M
Q3 2025
$193.2M
Q4 2025
$255.1M
Q1 2026

What does ELEMENT CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
TMUS T-MOBILE US INCCommunications270.8K$56.9M22.3%New
WIX WIX.COM LTDTechnology332.4K$29.9M11.7%New
META META PLATFORMS INC-CLASS ATechnology40.0K$22.9M9.0%+927.2%
SOLS SOLSTICE ADV MATERIALS INCMaterials165.0K$12.6M4.9%-11.3%
GOOG ALPHABET INC-CL CTechnology37.0K$10.6M4.2%New
Q QNITY ELECTRONICS INCTechnology90.0K$10.4M4.1%-56.1%
MU MICRON TECHNOLOGY INCTechnology29.0K$9.8M3.8%New
CME CME GROUP INCFinancials30.0K$8.9M3.5%-11.0%
PINS PINTEREST INC- CLASS ATechnology450.0K$8.3M3.2%New
DD DUPONT DE NEMOURS INCMaterials160.0K$7.3M2.9%-27.5%
NOC NORTHROP GRUMMAN CORPTechnology9.0K$6.1M2.4%New
LMT LOCKHEED MARTIN CORPIndustrials10.0K$6.0M2.4%New
LHX L3HARRIS TECHNOLOGIES INCTechnology17.5K$6.0M2.4%New
RTX RTX CORPIndustrials30.0K$5.8M2.3%New
NFLX NETFLIX INCServices media60.0K$5.8M2.3%New
CORZ CORE SCIENTIFIC INCFinancials350.0K$5.2M2.1%-3.2%
AS AMER SPORTS INCOther153.8K$5.1M2.0%New
BTSG BRIGHTSPRING HEALTH SERVICESHealthcare116.8K$5.0M1.9%New
SARO STANDARDAERO INCIndustrials185.0K$4.8M1.9%New
FPS FORGENT POWER SOLUTIONS-CL AIndustrials162.8K$4.8M1.9%New
SNDK SANDISK CORPTechnology7.0K$4.4M1.7%New
CRM SALESFORCE INCTechnology17.5K$3.3M1.3%New
FLOC FLOWCO HOLDINGS INC-CL AIndustrials116.2K$2.4M0.9%New
MDA MDA SPACE LTDIndustrials72.3K$1.8M0.7%New
BKV BKV CORPORATIONEnergy50.5K$1.4M0.6%New
MWH SOLV ENERGY INC-CL AIndustrials32.6K$978K0.4%New
MDLN MEDLINE INC-CL AHealthcare20.0K$890K0.3%New
LBRT LIBERTY ENERGY INCEnergy18.3K$528K0.2%New
AGBK AGI INC-CL AFinancials59.9K$436K0.2%New
CBUS CIBUS INCOther40.0K$79K0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 12, 202649$1.05B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202655$209.1M canonicalSEC ↗
Q3 202513F-HRNov 14, 202547$70.6M canonicalSEC ↗
Q2 202513F-HRAug 11, 20253$40.9M canonicalSEC ↗
Q1 202513F-HRMay 13, 2025146$402.3M canonicalSEC ↗
Q4 202413F-HRFeb 11, 20254$10.1M canonicalSEC ↗
Q3 202413F-HRNov 8, 202425$2.21B canonicalSEC ↗
Q2 202413F-HRAug 8, 202464$1.29B canonicalSEC ↗
Q1 202413F-HRMay 9, 202456$151.3M canonicalSEC ↗

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