Gullane Capital, LLC

Fundamental diversified ★Signal financials specialist (97%) CIK 2068251
Long book
$37.2M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
+41.0%
SPY +14.8%
Turnover
25%
of book per quarter

Strategy in plain words

auto-generated from filings

Gullane Capital, LLC is a diversified fundamental manager, specialised in financials (97% of the long book), running a $37.2M US long book across 4 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: CORE SCIENTIFIC INC, CORE SCIENTIFIC INC - 27, PALANTIR TECHNOLOGIES INC-A, NEBIUS GROUP NV.

Over the last 6 quarters its long book ran on average 14.9pp per quarter ahead of the S&P 500, beating the index in 3 of 6 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
Q4 2024
-48.3%
Q1 2025
+135.3%
Q2 2025
+5.2%
Q3 2025
-18.6%
Q4 2025
+2.2%
Q1 2026
+41.0%

Sector allocation

Financials
97%
Technology
3%

Long book by quarter

$225.9M
Q4 2024
$79.8M
Q1 2025
$185.0M
Q2 2025
$61.3M
Q3 2025
$37.3M
Q4 2025
$37.2M
Q1 2026

What does Gullane Capital, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CORZ CORE SCIENTIFIC INCFinancials2.3M$35.0M94.1%-3.2%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology5.2K$765K2.1%Held
NBIS NEBIUS GROUP NVTechnology2.0K$208K0.6%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20268$37.4M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20266$37.4M canonicalSEC ↗
Q3 202513F-HRNov 14, 202512$62.7M canonicalSEC ↗
Q2 202513F-HRSep 2, 20257$188.3M canonicalSEC ↗
Q1 202513F-HRSep 2, 20259$79.9M canonicalSEC ↗
Q4 202413F-HRSep 2, 202515$227.4M canonicalSEC ↗