Evergreen Quality Fund GP, Ltd.

Fundamental concentrated ★Signal CIK 2016939
League rank
#33
in Fundamental concentrated · #37 overall
Long book
$4.37B
Q1 2026
Positions
40
Top-10 weight
77%
concentration
Last quarter
+51.5%
SPY +14.8%
Turnover
45%
of book per quarter

Strategy in plain words

auto-generated from filings

Evergreen Quality Fund GP, Ltd. is a concentrated fundamental stock-picker, running a $4.37B US long book across 40 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ALPHABET INC-CL A, GENERAL ELECTRIC, INTEL CORP, CORNING INC, SPDR GOLD MINISHARES TRUST.

Over the last 9 quarters its long book ran on average 7.6pp per quarter ahead of the S&P 500, beating the index in 6 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
+9.4%
Q2 2024
+3.4%
Q3 2024
+2.1%
Q4 2024
-7.4%
Q1 2025
+21.3%
Q2 2025
+14.0%
Q3 2025
+7.3%
Q4 2025
+7.2%
Q1 2026
+51.5%

Sector allocation

Technology
55%
Industrials
24%
Materials
11%
Services media
7%
Healthcare
2%
Financials
1%
Other
0%

Long book by quarter

$818.9M
Q1 2024
$2.42B
Q2 2024
$1.97B
Q3 2024
$3.12B
Q4 2024
$2.68B
Q1 2025
$3.23B
Q2 2025
$4.51B
Q3 2025
$5.07B
Q4 2025
$4.37B
Q1 2026

What does Evergreen Quality own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOGL ALPHABET INC-CL ATechnology3.1M$897.0M20.5%-30.9%
GE GENERAL ELECTRICIndustrials2.1M$598.1M13.7%-1.4%
INTC INTEL CORPTechnology11.4M$503.8M11.5%+2133.8%
GLW CORNING INCIndustrials2.0M$273.2M6.3%-5.0%
SNDK SANDISK CORPTechnology353.9K$224.8M5.1%-67.2%
EQX EQUINOX GOLD CORPMaterials12.6M$182.7M4.2%-10.5%
B BARRICK MINING CORPMaterials4.1M$168.9M3.9%-10.2%
MCO MOODY'S CORPServices media337.2K$147.1M3.4%-50.0%
MU MICRON TECHNOLOGY INCTechnology432.1K$146.0M3.3%-61.1%
SPGI S&P GLOBAL INCServices media270.6K$115.1M2.6%-20.0%
XYZ BLOCK INCTechnology1.9M$112.6M2.6%Held
AMD ADVANCED MICRO DEVICESTechnology526.8K$107.2M2.5%New
PAAS PAN AMERICAN SILVER CORPMaterials1.3M$71.7M1.6%-19.0%
CMI CUMMINS INCIndustrials94.6K$50.9M1.2%Held
LITE LUMENTUM HOLDINGS INCTechnology67.7K$47.5M1.1%-66.8%
INSM INSMED INCHealthcare232.5K$38.0M0.9%+92.9%
TER TERADYNE INCTechnology107.4K$31.8M0.7%+9.5%
TSEM TOWER SEMICONDUCTOR LTDTechnology163.6K$28.7M0.7%New
COIN COINBASE GLOBAL INC -CLASS AFinancials151.8K$26.5M0.6%-60.0%
COGT COGENT BIOSCIENCES INCHealthcare250.0K$9.6M0.2%Held
FDMT 4D MOLECULAR THERAPEUTICS INHealthcare951.5K$8.9M0.2%Held
MRVL MARVELL TECHNOLOGY INCTechnology71.3K$7.1M0.2%New
ASML ASML HOLDING NV-NY REG SHSIndustrials5.1K$6.7M0.2%New
GEV GE VERNOVA INCIndustrials5.7K$5.0M0.1%New
DNTH DIANTHUS THERAPEUTICS INCHealthcare50.0K$4.2M0.1%New
NVDA NVIDIA CORPTechnology17.1K$3.0M0.1%New
ONTO ONTO INNOVATION INCOther13.7K$2.8M0.1%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202640$4.37B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202642$5.07B canonicalSEC ↗
Q3 202513F-HRNov 14, 202536$4.51B canonicalSEC ↗
Q2 202513F-HRAug 14, 202518$3.23B canonicalSEC ↗
Q1 202513F-HRMay 15, 202511$2.68B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202515$3.12B canonicalSEC ↗
Q3 202413F-HRNov 14, 202412$1.97B canonicalSEC ↗
Q2 202413F-HRAug 14, 202421$2.42B canonicalSEC ↗
Q1 202413F-HRMay 14, 202411$818.9M canonicalSEC ↗

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