Ghisallo Capital Management LLC
Long book
$3.63B
Q1 2026
Positions
275
Top-10 weight
30%
concentration
Last quarter
+14.5%
SPY +14.8%
Turnover
66%
of book per quarter
Strategy in plain words
auto-generated from filingsGhisallo Capital Management LLC is a quantitative fund whose holdings reflect models, not opinions, running a $3.63B US long book across 275 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: MEDLINE INC-CL A, XPENG INC - ADR, HD KOREA SHIPBUILDING & OFFS, TESLA INC, NVIDIA CORP.
Over the last 9 quarters its long book ran on average 2.1pp per quarter behind the S&P 500, beating the index in 3 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
-1.9%
Q2 2024
+7.9%
Q3 2024
+1.7%
Q4 2024
+1.4%
Q1 2025
+3.0%
Q2 2025
+4.9%
Q3 2025
-8.2%
Q4 2025
-2.1%
Q1 2026
+14.5%
Sector allocation
Technology 28%
Industrials 20%
Other 19%
Financials 11%
Healthcare 8%
Services media 4%
Energy 3%
Materials 2%
Long book by quarter
What does Ghisallo Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MDLN MEDLINE INC-CL A | Healthcare | 4.5M | $202.3M | 5.6% | +405.2% |
| 009540 HD KOREA SHIPBUILDING & OFFS | — | 110.0M | $110.3M | 3.0% | New |
| TSLA TESLA INC | Industrials | 275.0K | $102.2M | 2.8% | New |
| NVDA NVIDIA CORP | Technology | 550.0K | $95.9M | 2.6% | New |
| MSFT MICROSOFT CORP | Technology | 250.0K | $92.5M | 2.5% | New |
| 601601 CHINA PACIFIC INSURANCE GR-A | — | 675.0M | $87.5M | 2.4% | New |
| GFS GLOBALFOUNDRIES INC | Technology | 1.8M | $80.1M | 2.2% | New |
| TT TRANE TECHNOLOGIES PLC | Technology | 175.0K | $72.9M | 2.0% | New |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 550.0K | $72.0M | 2.0% | New |
| ORCL ORACLE CORP | Technology | 457.0K | $67.2M | 1.9% | New |
| 1519 J&T GLOBAL EXPRESS LTD | — | 544.0M | $65.5M | 1.8% | New |
| NBIS NEBIUS GROUP NV | Technology | 575.0K | $59.7M | 1.6% | Held |
| NBIS NEBIUS GROUP NV | Technology | 60.0M | $57.5M | 1.6% | New |
| FPS FORGENT POWER SOLUTIONS-CL A | Industrials | 1.9M | $54.1M | 1.5% | New |
| NBIS NEBIUS GROUP NV | Technology | 55.0M | $51.2M | 1.4% | New |
| 601688 HUATAI SECURITIES CO LTD-A | — | 400.0M | $49.9M | 1.4% | New |
| ULS UL SOLUTIONS INC - CLASS A | Services media | 500.0K | $42.9M | 1.2% | -64.3% |
| KTOS KRATOS DEFENSE & SECURITY | Industrials | 600.0K | $42.3M | 1.2% | +200.0% |
| GLXYLP 0.5 05/01/31 GALAXY DIGITAL HOLDIN LP | — | 58.3M | $41.3M | 1.1% | -38.6% |
| ROL ROLLINS INC | Services media | 750.0K | $40.1M | 1.1% | -25.0% |
| AS AMER SPORTS INC | Other | 1.2M | $39.5M | 1.1% | +380.0% |
| MIAX MIAMI INTERNATIONAL HOLDINGS | Financials | 1.0M | $38.9M | 1.1% | +79.4% |
| 2899 ZIJIN MINING GROUP CO LTD-H | — | 41.0M | $37.9M | 1.0% | New |
| GEV GE VERNOVA INC | Industrials | 40.0K | $34.9M | 1.0% | New |
| 3692 HANSOH PHARMACEUTICAL GROUP | — | 273.0M | $33.2M | 0.9% | New |
| DOCN DIGITALOCEAN HOLDINGS INC | Technology | 380.0K | $32.6M | 0.9% | New |
| SARO STANDARDAERO INC | Industrials | 1.2M | $31.0M | 0.9% | +500.0% |
| KGS KODIAK GAS SERVICES INC | Utilities | 500.0K | $29.2M | 0.8% | -58.3% |
| 2318 PING AN INSURANCE GROUP CO-H | — | 191.0M | $28.6M | 0.8% | New |
| LXU LSB INDUSTRIES INC | Materials | 1.9M | $28.3M | 0.8% | New |
| LGN LEGENCE CORP-CL A | Industrials | 500.0K | $28.2M | 0.8% | Held |
| VSEC VSE CORP | Services media | 150.0K | $27.7M | 0.8% | +328.6% |
| LAR LITHIUM ARGENTINA AG | Materials | 3.9M | $26.2M | 0.7% | New |
| ZM ZOOM COMMUNICATIONS INC | Technology | 325.0K | $26.1M | 0.7% | New |
| JOBY JOBY AVIATION INC | Industrials | 3.1M | $25.9M | 0.7% | +943.2% |
| HEI HEICO CORP | Industrials | 90.0K | $24.7M | 0.7% | New |
| IONQ IONQ INC | Technology | 750.0K | $21.6M | 0.6% | New |
| WICOF WISTRON CORP | — | 23.9M | $20.8M | 0.6% | New |
| ORCL ORACLE CORP | Technology | 450.0K | $20.6M | 0.6% | New |
| RDDT REDDIT INC-CL A | Technology | 150.0K | $20.2M | 0.6% | New |
| FANG DIAMONDBACK ENERGY INC | Energy | 100.0K | $19.8M | 0.5% | Held |
| QXO QXO INC | Consumer discretionary | 1.0M | $19.4M | 0.5% | +400.0% |
| VNOM VIPER ENERGY INC-CL A | Energy | 400.0K | $18.8M | 0.5% | +300.0% |
| BKV BKV CORPORATION | Energy | 650.0K | $18.5M | 0.5% | +116.7% |
| KRMN KARMAN HOLDINGS INC | Industrials | 225.0K | $18.0M | 0.5% | Held |
| NSC NORFOLK SOUTHERN CORP | Industrials | 52.0K | $14.9M | 0.4% | New |
| FTW PRESIDIO PRODUCTION CO-A | Energy | 1.3M | $13.9M | 0.4% | New |
| SYM SYMBOTIC INC | Industrials | 250.0K | $13.3M | 0.4% | -76.4% |
| TTAN SERVICETITAN INC-A | Technology | 200.0K | $12.7M | 0.3% | Held |
| CRWV COREWEAVE INC | Technology | 12.5M | $12.6M | 0.3% | +19.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 275 | $3.63B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 206 | $2.24B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 215 | $3.06B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 185 | $3.74B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 109 | $1.15B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 110 | $1.73B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 144 | $2.02B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR/ARESTATEMENT | Sep 4, 2024 | 120 | $1.16B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 140 | $1.41B | SEC ↗ | |
| Q1 2024 | 13F-HR | May 15, 2024 | 115 | $877.5M | canonical | SEC ↗ |
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