FORTEM FINANCIAL GROUP, LLC
Long book
$398.5M
Q1 2026
Positions
173
Top-10 weight
30%
concentration
Last quarter
+14.0%
SPY +14.8%
Turnover
12%
of book per quarter
Strategy in plain words
auto-generated from filingsFORTEM FINANCIAL GROUP, LLC is an institutional manager, running a $398.5M US long book across 173 positions.
The portfolio is moderately concentrated (top 10 ≈ 30% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, GLOBAL X URANIUM ETF, SS BLACKSTONE SR LOAN ETF, PALANTIR TECHNOLOGIES INC-A, ALERIAN MLP ETF.
Over the last 9 quarters its long book ran on average 1.4pp per quarter ahead of the S&P 500, beating the index in 5 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
+2.4%
Q2 2024
+5.9%
Q3 2024
+3.5%
Q4 2024
-4.6%
Q1 2025
+16.2%
Q2 2025
+12.4%
Q3 2025
+2.0%
Q4 2025
+1.2%
Q1 2026
+14.0%
Sector allocation
Technology 40%
Industrials 16%
Consumer discretionary 9%
Utilities 7%
Financials 6%
Other 6%
Energy 4%
Services media 4%
Long book by quarter
What does FORTEM FINANCIAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 88.1K | $15.4M | 3.9% | +5.1% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 96.1K | $14.1M | 3.5% | -2.6% |
| AVGO BROADCOM INC | Technology | 31.5K | $9.8M | 2.4% | -2.0% |
| TSLA TESLA INC | Industrials | 26.0K | $9.7M | 2.4% | +1.4% |
| KLAC KLA CORP | Other | 6.6K | $9.7M | 2.4% | -11.3% |
| DELL DELL TECHNOLOGIES -C | Technology | 45.3K | $7.4M | 1.9% | +10.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 34.9K | $7.3M | 1.8% | +19.8% |
| GOOGL ALPHABET INC-CL A | Technology | 25.1K | $7.2M | 1.8% | +1.5% |
| AAPL APPLE INC | Technology | 27.1K | $6.9M | 1.7% | +1.7% |
| EME EMCOR GROUP INC | Industrials | 9.2K | $6.8M | 1.7% | +1.5% |
| LRCX LAM RESEARCH CORP | Industrials | 30.0K | $6.4M | 1.6% | -5.5% |
| AMAT APPLIED MATERIALS INC | Technology | 18.4K | $6.3M | 1.6% | +3.5% |
| MSFT MICROSOFT CORP | Technology | 17.0K | $6.3M | 1.6% | +18.3% |
| META META PLATFORMS INC-CLASS A | Technology | 8.8K | $5.0M | 1.3% | +6.7% |
| NEM NEWMONT CORP | Materials | 46.1K | $5.0M | 1.3% | -3.2% |
| APH AMPHENOL CORP-CL A | Technology | 38.2K | $4.8M | 1.2% | +9.0% |
| CAH CARDINAL HEALTH INC | Consumer discretionary | 19.6K | $4.1M | 1.0% | +22.6% |
| CMI CUMMINS INC | Industrials | 7.7K | $4.1M | 1.0% | +9.0% |
| TPR TAPESTRY INC | Other | 29.0K | $4.1M | 1.0% | +7.2% |
| ADI ANALOG DEVICES INC | Technology | 12.7K | $4.0M | 1.0% | +30.7% |
| TER TERADYNE INC | Technology | 13.2K | $3.9M | 1.0% | -5.5% |
| NFLX NETFLIX INC | Services media | 39.6K | $3.8M | 1.0% | +47.6% |
| HWM HOWMET AEROSPACE INC | Industrials | 14.3K | $3.3M | 0.8% | +18.0% |
| EOG EOG RESOURCES INC | Energy | 22.6K | $3.3M | 0.8% | +40.5% |
| HCA HCA HEALTHCARE INC | Healthcare | 6.7K | $3.2M | 0.8% | +10.1% |
| NRG NRG ENERGY INC | Utilities | 21.5K | $3.1M | 0.8% | +9.3% |
| ET ENERGY TRANSFER LP | Utilities | 155.8K | $3.0M | 0.8% | -6.5% |
| LNG CHENIERE ENERGY INC | Utilities | 10.2K | $2.9M | 0.7% | +29.8% |
| PNW PINNACLE WEST CAPITAL | Utilities | 26.9K | $2.7M | 0.7% | +38.8% |
| NFG NATIONAL FUEL GAS CO | Utilities | 28.7K | $2.7M | 0.7% | +14.2% |
| ADSK AUTODESK INC | Technology | 11.1K | $2.7M | 0.7% | +21.4% |
| JPM JPMORGAN CHASE & CO | Financials | 8.8K | $2.6M | 0.7% | -16.5% |
| ULTA ULTA BEAUTY INC | Consumer discretionary | 4.8K | $2.5M | 0.6% | +13.8% |
| HAL HALLIBURTON CO | Energy | 64.2K | $2.5M | 0.6% | +35.2% |
| AZO AUTOZONE INC | Consumer discretionary | 667 | $2.3M | 0.6% | +7.1% |
| NOC NORTHROP GRUMMAN CORP | Technology | 3.2K | $2.2M | 0.6% | +20.2% |
| NDAQ NASDAQ INC | Financials | 25.8K | $2.2M | 0.5% | +215.7% |
| BX BLACKSTONE INC | Financials | 18.7K | $2.1M | 0.5% | +14.3% |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 11.6K | $2.1M | 0.5% | +19.3% |
| BLD* TOPBUILD CORP | — | 6.0K | $2.1M | 0.5% | +4.7% |
| IDXX IDEXX LABORATORIES INC | Materials | 3.7K | $2.1M | 0.5% | +22.6% |
| DG DOLLAR GENERAL CORP | Consumer discretionary | 17.0K | $2.0M | 0.5% | +4.8% |
| MPLX MPLX LP | Energy | 30.1K | $1.7M | 0.4% | +7.0% |
| CAT CATERPILLAR INC | Industrials | 2.4K | $1.7M | 0.4% | -0.6% |
| SPGI S&P GLOBAL INC | Services media | 3.8K | $1.6M | 0.4% | +63.8% |
| CSCO CISCO SYSTEMS INC | Technology | 20.7K | $1.6M | 0.4% | -16.0% |
| PAA PLAINS ALL AMER PIPELINE LP | Energy | 66.2K | $1.5M | 0.4% | -25.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.5K | $1.4M | 0.4% | -2.7% |
| LLY ELI LILLY & CO | Healthcare | 1.6K | $1.4M | 0.4% | +3.9% |
| ABBV ABBVIE INC | Healthcare | 6.5K | $1.4M | 0.4% | +20.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 16, 2026 | 173 | $398.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 4, 2026 | 173 | $374.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 4, 2025 | 167 | $348.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 171 | $310.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 1, 2025 | 185 | $257.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 6, 2025 | 176 | $258.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR/ARESTATEMENT | Nov 18, 2024 | 174 | $245.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 174 | $245.9M | SEC ↗ | |
| Q2 2024 | 13F-HR | Aug 2, 2024 | 167 | $232.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 1, 2024 | 166 | $227.8M | canonical | SEC ↗ |
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