Grace & Mercy Foundation, Inc.
Long book
$409.7M
Q1 2026
Positions
21
Top-10 weight
90%
concentration
Last quarter
+6.5%
SPY +14.8%
Turnover
23%
of book per quarter
Strategy in plain words
auto-generated from filingsGrace & Mercy Foundation, Inc. is a concentrated fundamental stock-picker, specialised in technology (65% of the long book), running a $409.7M US long book across 21 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: ALPHABET INC-CL A, AMAZON.COM INC, META PLATFORMS INC-CLASS A, MICROSOFT CORP, NETFLIX INC.
Over the last 9 quarters its long book ran on average 1.8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+6.1%
Q2 2024
+0.7%
Q3 2024
+8.6%
Q4 2024
-10.4%
Q1 2025
+24.2%
Q2 2025
+5.4%
Q3 2025
-3.0%
Q4 2025
-14.4%
Q1 2026
+6.5%
Sector allocation
Technology 65%
Services media 19%
Consumer discretionary 15%
Financials 2%
Other 0%
Industrials 0%
Long book by quarter
What does Grace & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 211.3K | $60.8M | 14.8% | -8.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 278.6K | $58.0M | 14.2% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 97.5K | $55.8M | 13.6% | -5.8% |
| MSFT MICROSOFT CORP | Technology | 119.5K | $44.2M | 10.8% | +0.8% |
| NFLX NETFLIX INC | Services media | 459.2K | $44.2M | 10.8% | +1.2% |
| RBLX ROBLOX CORP -CLASS A | Technology | 491.6K | $27.8M | 6.8% | +254.7% |
| NOW SERVICENOW INC | Technology | 241.0K | $25.2M | 6.2% | +51.1% |
| ADBE ADOBE INC | Technology | 88.2K | $21.4M | 5.2% | +33.0% |
| DIS WALT DISNEY CO/THE | Services media | 201.1K | $19.4M | 4.7% | Held |
| LYFT LYFT INC-A | Services media | 915.0K | $12.2M | 3.0% | -5.2% |
| GLOO GLOO HOLDINGS INC-A | Technology | 2.5M | $12.0M | 2.9% | Held |
| AAPL APPLE INC | Technology | 31.9K | $8.1M | 2.0% | Held |
| HOOD ROBINHOOD MARKETS INC - A | Financials | 59.8K | $4.1M | 1.0% | New |
| COIN COINBASE GLOBAL INC -CLASS A | Financials | 15.7K | $2.7M | 0.7% | +46.6% |
| RDDT REDDIT INC-CL A | Technology | 19.5K | $2.6M | 0.6% | New |
| NVDA NVIDIA CORP | Technology | 10.0K | $1.7M | 0.4% | Held |
| NKE NIKE INC -CL B | Other | 25.0K | $1.3M | 0.3% | Held |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 6.0K | $878K | 0.2% | New |
| CPNG COUPANG INC | Consumer discretionary | 46.0K | $868K | 0.2% | New |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 400 | $528K | 0.1% | -55.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 21 | $409.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 18 | $442.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 17 | $469.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 18 | $482.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 18 | $400.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 17 | $444.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 19 | $439.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 19 | $442.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 20 | $393.7M | canonical | SEC ↗ |