Freestone Grove Partners LP

Quant stat arb Low signal CIK 2007591
League rank
#74
in Quant stat arb · #1825 overall
Long book
$13.79B
Q1 2026
Positions
961
Top-10 weight
18%
concentration
Last quarter
+14.5%
SPY +14.8%
Turnover
64%
of book per quarter

Strategy in plain words

auto-generated from filings

Freestone Grove Partners LP is a quantitative fund whose holdings reflect models, not opinions, running a $13.79B US long book across 961 positions.

The portfolio is broadly diversified across 961 positions (top 10 only 18%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: VANGUARD S&P 500 ETF, ISHARES CORE S&P 500 ETF, JOHNSON & JOHNSON, CITIGROUP INC, AXIS CAPITAL HOLDINGS LTD.

Over the last 6 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 3 of 6 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
Q4 2024
-2.1%
Q1 2025
+8.8%
Q2 2025
+6.5%
Q3 2025
+2.8%
Q4 2025
-0.9%
Q1 2026
+14.5%

Sector allocation

Financials
21%
Technology
17%
Industrials
14%
Healthcare
11%
Consumer discretionary
11%
Utilities
6%
Other
5%
Energy
5%

Long book by quarter

$8.16B
Q4 2024
$9.71B
Q1 2025
$13.24B
Q2 2025
$13.39B
Q3 2025
$13.83B
Q4 2025
$13.79B
Q1 2026

What does Freestone Grove own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
JNJ JOHNSON & JOHNSONHealthcare554.4K$135.5M1.0%+276.9%
C CITIGROUP INCFinancials1.2M$133.9M1.0%New
AXS AXIS CAPITAL HOLDINGS LTDFinancials1.3M$131.8M1.0%+267.0%
DDOG DATADOG INC - CLASS ATechnology1.1M$128.1M0.9%+102.3%
BAH BOOZ ALLEN HAMILTON HOLDINGSServices media1.6M$125.3M0.9%+102.1%
ESTC ELASTIC NVTechnology2.3M$113.2M0.8%+216.6%
PNFP PINNACLE FINANCIAL PARTNERSFinancials1.3M$110.9M0.8%New
ISRG INTUITIVE SURGICAL INCHealthcare236.8K$109.2M0.8%+329.0%
DT DYNATRACE INCTechnology2.8M$104.4M0.8%+170.4%
XEL XCEL ENERGY INCUtilities1.3M$103.2M0.7%-0.7%
MDLZ MONDELEZ INTERNATIONAL INC-AConsumer staples1.8M$102.9M0.7%New
GWW WW GRAINGER INCConsumer discretionary92.5K$100.9M0.7%+26.7%
KKR KKR & CO INCFinancials1.1M$99.5M0.7%New
AIG AMERICAN INTERNATIONAL GROUPFinancials1.3M$95.6M0.7%+5560.8%
TWLO TWILIO INC - ATechnology751.7K$94.6M0.7%+51.9%
RTX RTX CORPIndustrials472.0K$91.1M0.7%+75.6%
PSX PHILLIPS 66Energy498.0K$90.7M0.7%+42.1%
MCD MCDONALD'S CORPConsumer discretionary290.2K$90.2M0.7%New
VMC VULCAN MATERIALS COMaterials327.8K$89.3M0.6%+967.3%
USB US BANCORPFinancials1.7M$86.4M0.6%-5.7%
MA MASTERCARD INC - AServices media172.5K$86.2M0.6%New
DE DEERE & COIndustrials152.3K$85.8M0.6%New
NOW SERVICENOW INCTechnology801.7K$83.8M0.6%+166.0%
ATI ATI INCIndustrials575.9K$83.8M0.6%New
WMB WILLIAMS COS INCUtilities1.1M$82.1M0.6%+293.9%
FFIV F5 INCTechnology283.5K$82.0M0.6%New
EAT BRINKER INTERNATIONAL INCConsumer discretionary552.9K$78.9M0.6%New
ROST ROSS STORES INCConsumer discretionary363.9K$78.8M0.6%+27.6%
OVV OVINTIV INCEnergy1.3M$77.9M0.6%-57.3%
BAC BANK OF AMERICA CORPFinancials1.6M$77.9M0.6%+25.6%
GS GOLDMAN SACHS GROUP INCFinancials92.0K$77.8M0.6%New
KEY KEYCORPFinancials3.9M$77.4M0.6%+154.2%
MSFT MICROSOFT CORPTechnology208.3K$77.1M0.6%+26.8%
BROS DUTCH BROS INC-CLASS AConsumer discretionary1.5M$76.2M0.6%+120.6%
FHN FIRST HORIZON CORPFinancials3.3M$75.3M0.5%-30.0%
CDNS CADENCE DESIGN SYS INCTechnology270.0K$75.0M0.5%+1333.0%
OXY OCCIDENTAL PETROLEUM CORPEnergy1.1M$74.7M0.5%New
AMZN AMAZON.COM INCConsumer discretionary356.7K$74.3M0.5%-47.8%
JBL JABIL INCTechnology275.7K$73.2M0.5%+177.7%
MTZ MASTEC INCIndustrials220.4K$70.9M0.5%-51.6%
MO ALTRIA GROUP INCConsumer staples1.1M$70.6M0.5%New
CAH CARDINAL HEALTH INCConsumer discretionary329.2K$69.6M0.5%+30.5%
IOT SAMSARA INC-CL ATechnology2.2M$68.4M0.5%+107.9%
LTEC LOGITECH INTERNATIONAL-REG735.7K$67.0M0.5%New
VLY VALLEY NATIONAL BANCORPFinancials5.4M$66.9M0.5%+737.3%
CR CRANE COIndustrials381.9K$65.3M0.5%-7.5%
WWD WOODWARD INCIndustrials182.1K$65.2M0.5%+3.9%
PR PERMIAN RESOURCES CORP-CL AEnergy3.0M$64.7M0.5%-38.4%
CAT CATERPILLAR INCIndustrials91.2K$64.6M0.5%-42.4%
DHR DANAHER CORPTechnology338.7K$64.2M0.5%-17.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026962$14.16B canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026713$13.83B canonicalSEC ↗
Q3 202513F-HRNov 14, 2025678$13.39B canonicalSEC ↗
Q2 202513F-HRAug 14, 2025646$13.24B canonicalSEC ↗
Q1 202513F-HRMay 15, 2025568$9.71B canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025569$8.16B canonicalSEC ↗