Fortress Investment Group LLC
Long book
$391.8M
Q1 2026
Positions
32
Top-10 weight
92%
concentration
Last quarter
-2.3%
SPY +14.8%
Turnover
71%
of book per quarter
Strategy in plain words
auto-generated from filingsFortress Investment Group LLC is a concentrated fundamental stock-picker, specialised in technology (66% of the long book), running a $391.8M US long book across 32 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: NEXTNAV INC, ISHARES BITCOIN TRUST ETF, PLAYBOY INC, FIRST FOUNDATION INC, NEW FORTRESS ENERGY INC.
Over the last 9 quarters its long book ran on average 7.1pp per quarter behind the S&P 500, beating the index in 2 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
-17.6%
Q2 2024
-38.2%
Q3 2024
+51.1%
Q4 2024
-25.1%
Q1 2025
+25.4%
Q2 2025
-5.0%
Q3 2025
-1.2%
Q4 2025
-10.3%
Q1 2026
-2.3%
Sector allocation
Technology 68%
Other 14%
Consumer discretionary 7%
Utilities 2%
Financials 2%
Communications 2%
Industrials 2%
Healthcare 2%
Long book by quarter
What does Fortress Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NN NEXTNAV INC | Technology | 14.2M | $227.1M | 58.0% | Held |
| PLBY PLAYBOY INC | Consumer discretionary | 16.6M | $25.2M | 6.4% | Held |
| FFWM FIRST FOUNDATION INC | — | 4.0M | $23.8M | 6.1% | Held |
| NFE NEW FORTRESS ENERGY INC | Utilities | 13.4M | $7.9M | 2.0% | Held |
| MASI* MASIMO CORP | — | 35.9K | $6.4M | 1.6% | New |
| GTLS CHART INDUSTRIES INC | Industrials | 23.7K | $4.9M | 1.3% | +107.1% |
| PEN PENUMBRA INC | Healthcare | 14.7K | $4.8M | 1.2% | New |
| LBRDK LIBERTY BROADBAND-C | Communications | 84.1K | $4.2M | 1.1% | +106.0% |
| AM6 AMICUS THERAPEUTICS INC | — | 245.9K | $3.6M | 0.9% | +123.5% |
| STEL STELLAR BANCORP INC | Financials | 89.2K | $3.3M | 0.8% | New |
| WBD WARNER BROS DISCOVERY INC | Communications | 103.3K | $2.8M | 0.7% | +182.2% |
| KVUE KENVUE INC | Other | 163.0K | $2.8M | 0.7% | New |
| EA ELECTRONIC ARTS INC | Technology | 10.5K | $2.1M | 0.5% | +85.8% |
| ACLXGBX ARCELLX INC | — | 18.2K | $2.1M | 0.5% | New |
| WBS WEBSTER FINANCIAL CORP | Financials | 29.5K | $2.0M | 0.5% | New |
| FVAV FORTRESS VALUE ACQUIS V-CL A | Financials | 200.0K | $2.0M | 0.5% | New |
| T86 TRI POINTE HOMES INC | — | 39.9K | $1.9M | 0.5% | New |
| NSC NORFOLK SOUTHERN CORP | Industrials | 6.2K | $1.8M | 0.5% | Held |
| VICI Vici properties inc | Real estate | 22.3K | $1.8M | 0.5% | New |
| APLSUSD APELLIS PHARMACEUTICALS INC | — | 40.0K | $1.6M | 0.4% | New |
| 430 TERNS PHARMACEUTICALS INC | — | 30.0K | $1.6M | 0.4% | New |
| CTRA COTERRA ENERGY INC | — | 40.0K | $1.4M | 0.4% | New |
| SLAB SILICON LABORATORIES INC | Technology | 5.6K | $1.2M | 0.3% | New |
| OLPX OLAPLEX HOLDINGS INC | Other | 373.1K | $757K | 0.2% | New |
| RNA ATRIUM THERAPEUTICS INC | Healthcare | 22.0K | $295K | 0.1% | New |
| MARA MARA HOLDINGS INC | Financials | 14.1K | $115K | 0.0% | Held |
| SPCB SUPERCOM LTD | Technology | 534 | $4K | 0.0% | Held |
| TTAN SERVICETITAN INC-A | Technology | 28 | $2K | 0.0% | Held |
| SMRT SMARTRENT INC | Technology | 932 | $1K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 35 | $393.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 38 | $426.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 49 | $753.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 60 | $706.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 38 | $459.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 27 | $629.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 16 | $444.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 13 | $466.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 17 | $583.7M | canonical | SEC ↗ |