Frec Markets, Inc.

Quant stat arb Low signal CIK 2111359
League rank
#41
in Quant stat arb · #1055 overall
Long book
$587.2M
Q1 2026
Positions
644
Top-10 weight
30%
concentration
Last quarter
+16.8%
SPY +14.8%
Turnover
50%
of book per quarter

Strategy in plain words

auto-generated from filings

Frec Markets, Inc. is a quantitative fund whose holdings reflect models, not opinions, running a $587.2M US long book across 644 positions.

The portfolio is moderately concentrated (top 10 ≈ 30% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, AMAZON.COM INC, BROADCOM INC.

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
Q4 2025
-3.6%
Q1 2026
+16.8%

Sector allocation

Technology
41%
Financials
12%
Industrials
11%
Consumer discretionary
8%
Healthcare
7%
Services media
4%
Utilities
4%
Energy
3%

Long book by quarter

$342.1M
Q4 2025
$587.2M
Q1 2026

What does Frec Markets, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology234.5K$40.9M7.0%+40.5%
AAPL APPLE INCTechnology152.5K$38.7M6.6%+61.3%
MSFT MICROSOFT CORPTechnology62.8K$23.3M4.0%+38.5%
AMZN AMAZON.COM INCConsumer discretionary67.7K$14.1M2.4%+51.0%
AVGO BROADCOM INCTechnology45.0K$13.9M2.4%+31.6%
GOOGL ALPHABET INC-CL ATechnology47.6K$13.7M2.3%+75.6%
GOOG ALPHABET INC-CL CTechnology36.9K$10.6M1.8%+32.6%
TSLA TESLA INCIndustrials19.3K$7.2M1.2%+46.6%
META META PLATFORMS INC-CLASS ATechnology12.4K$7.1M1.2%+35.7%
JPM JPMORGAN CHASE & COFinancials22.3K$6.6M1.1%+76.4%
MU MICRON TECHNOLOGY INCTechnology16.9K$5.7M1.0%+39.7%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials11.2K$5.4M0.9%+45.6%
XOM EXXON MOBIL CORPEnergy31.0K$5.3M0.9%+65.1%
WMT WALMART INCConsumer discretionary42.2K$5.2M0.9%+78.5%
JNJ JOHNSON & JOHNSONHealthcare20.2K$4.9M0.8%+43.7%
LLY ELI LILLY & COHealthcare4.8K$4.4M0.7%+20.5%
LRCX LAM RESEARCH CORPIndustrials18.8K$4.0M0.7%+23.8%
AMAT APPLIED MATERIALS INCTechnology10.7K$3.7M0.6%+25.2%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology24.1K$3.5M0.6%+46.8%
AMD ADVANCED MICRO DEVICESTechnology16.9K$3.4M0.6%+27.8%
MRK MERCK & CO. INC.Healthcare26.8K$3.2M0.5%+130.5%
V VISA INC-CLASS A SHARESServices media10.0K$3.0M0.5%+36.1%
KO COCA-COLA CO/THEConsumer staples37.9K$2.9M0.5%+47.5%
COST COSTCO WHOLESALE CORPConsumer discretionary2.9K$2.9M0.5%+106.2%
NFLX NETFLIX INCServices media28.8K$2.8M0.5%+93.0%
APH AMPHENOL CORP-CL ATechnology21.9K$2.8M0.5%+18.0%
CSCO CISCO SYSTEMS INCTechnology35.0K$2.7M0.5%+39.1%
CVX CHEVRON CORPEnergy13.0K$2.7M0.5%+79.5%
MA MASTERCARD INC - AServices media5.3K$2.7M0.5%+25.6%
PG PROCTER & GAMBLE CO/THEOther18.3K$2.6M0.4%+112.2%
TJX TJX COMPANIES INCConsumer discretionary15.6K$2.5M0.4%+97.3%
PEP PEPSICO INCConsumer staples16.0K$2.5M0.4%+71.0%
ORCL ORACLE CORPTechnology16.7K$2.5M0.4%+89.6%
ABBV ABBVIE INCHealthcare11.0K$2.4M0.4%+31.0%
CB CHUBB LTDFinancials7.2K$2.4M0.4%+172.0%
BAC BANK OF AMERICA CORPFinancials47.3K$2.3M0.4%+49.4%
INTC INTEL CORPTechnology52.0K$2.3M0.4%+81.1%
C CITIGROUP INCFinancials19.5K$2.2M0.4%+104.8%
GE GENERAL ELECTRICIndustrials7.7K$2.2M0.4%+58.4%
ASML ASML HOLDING NV-NY REG SHSIndustrials1.6K$2.2M0.4%+19.5%
XYZ BLOCK INCTechnology34.8K$2.1M0.4%New
KLAC KLA CORPOther1.4K$2.1M0.4%+1.2%
WDC WESTERN DIGITAL CORPTechnology7.5K$2.0M0.3%+27.7%
ADI ANALOG DEVICES INCTechnology6.4K$2.0M0.3%+32.9%
GS GOLDMAN SACHS GROUP INCFinancials2.3K$2.0M0.3%+44.5%
RTX RTX CORPIndustrials9.9K$1.9M0.3%+63.1%
CAT CATERPILLAR INCIndustrials2.7K$1.9M0.3%+25.8%
PM PHILIP MORRIS INTERNATIONALConsumer staples11.4K$1.9M0.3%+63.5%
TXN TEXAS INSTRUMENTS INCTechnology9.5K$1.8M0.3%+33.6%
MS MORGAN STANLEYFinancials11.2K$1.8M0.3%+59.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 2026644$587.2M canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026343$342.1M canonicalSEC ↗