Headlands Technologies LLC
Long book
$877.9M
Q1 2026
Positions
712
Top-10 weight
24%
concentration
Last quarter
+17.8%
SPY +14.8%
Turnover
68%
of book per quarter
Strategy in plain words
auto-generated from filingsHeadlands Technologies LLC is a quantitative fund whose holdings reflect models, not opinions, running a $877.9M US long book across 712 positions.
The portfolio is broadly diversified across 712 positions (top 10 only 24%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: MICRON TECHNOLOGY INC, TESLA INC, ALPHABET INC-CL A, MICROSOFT CORP, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 1.2pp per quarter ahead of the S&P 500, beating the index in 6 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
+6.4%
Q3 2024
+3.5%
Q4 2024
-4.7%
Q1 2025
+16.4%
Q2 2025
+12.5%
Q3 2025
+1.0%
Q4 2025
-3.7%
Q1 2026
+17.8%
Sector allocation
Technology 30%
Industrials 14%
Financials 13%
Consumer discretionary 11%
Healthcare 9%
Services media 5%
Other 4%
Energy 4%
Long book by quarter
What does Headlands Technologies own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MU MICRON TECHNOLOGY INC | Technology | 102.7K | $34.7M | 4.0% | New |
| TSLA TESLA INC | Industrials | 88.5K | $32.9M | 3.7% | +1401.6% |
| GOOGL ALPHABET INC-CL A | Technology | 103.2K | $29.7M | 3.4% | New |
| MSFT MICROSOFT CORP | Technology | 70.9K | $26.2M | 3.0% | +61.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 92.6K | $19.3M | 2.2% | -47.3% |
| WMT WALMART INC | Consumer discretionary | 150.4K | $18.7M | 2.1% | +92.9% |
| CVX CHEVRON CORP | Energy | 65.9K | $13.6M | 1.6% | +287.9% |
| WBD WARNER BROS DISCOVERY INC | Communications | 475.1K | $13.0M | 1.5% | +176.4% |
| MSTR STRATEGY INC | Financials | 94.2K | $11.8M | 1.3% | New |
| GOOG ALPHABET INC-CL C | Technology | 39.0K | $11.2M | 1.3% | New |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 48.1K | $10.9M | 1.2% | New |
| EA ELECTRONIC ARTS INC | Technology | 48.8K | $10.0M | 1.1% | -37.2% |
| SHOP SHOPIFY INC - CLASS A | Technology | 59.0K | $7.0M | 0.8% | New |
| AAPL APPLE INC | Technology | 27.1K | $6.9M | 0.8% | -90.0% |
| BKR BAKER HUGHES CO | Industrials | 108.2K | $6.6M | 0.8% | +79.8% |
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 71.5K | $6.6M | 0.8% | +16.8% |
| NDAQ NASDAQ INC | Financials | 75.1K | $6.4M | 0.7% | -35.7% |
| ROST ROSS STORES INC | Consumer discretionary | 28.0K | $6.1M | 0.7% | -52.7% |
| COIN COINBASE GLOBAL INC -CLASS A | Financials | 27.6K | $4.8M | 0.5% | New |
| C CITIGROUP INC | Financials | 41.0K | $4.7M | 0.5% | New |
| TEAM ATLASSIAN CORP-CL A | Technology | 66.3K | $4.5M | 0.5% | +1062.0% |
| HOOD ROBINHOOD MARKETS INC - A | Financials | 64.7K | $4.5M | 0.5% | New |
| NU NU HOLDINGS LTD/CAYMAN ISL-A | Financials | 298.4K | $4.3M | 0.5% | +118.4% |
| DELL DELL TECHNOLOGIES -C | Technology | 25.8K | $4.2M | 0.5% | New |
| BTDR BITDEER TECHNOLOGIES GROUP-A | Financials | 475.2K | $4.1M | 0.5% | +101.0% |
| XEL XCEL ENERGY INC | Utilities | 49.9K | $4.0M | 0.5% | +68.3% |
| CCEP COCA-COLA EUROPACIFIC PARTNE | Consumer staples | 42.9K | $3.9M | 0.4% | -2.3% |
| AG FIRST MAJESTIC SILVER CORP | Materials | 178.4K | $3.8M | 0.4% | New |
| HAS HASBRO INC | Other | 39.1K | $3.7M | 0.4% | -38.2% |
| VTRS VIATRIS INC | Healthcare | 269.3K | $3.6M | 0.4% | +666.1% |
| DASH DOORDASH INC - A | Services media | 23.9K | $3.6M | 0.4% | New |
| ZBRA ZEBRA TECHNOLOGIES CORP-CL A | Industrials | 17.2K | $3.6M | 0.4% | -13.1% |
| BKNG BOOKING HOLDINGS INC | Industrials | 830 | $3.5M | 0.4% | -72.5% |
| MRVL MARVELL TECHNOLOGY INC | Technology | 34.4K | $3.4M | 0.4% | New |
| FANG DIAMONDBACK ENERGY INC | Energy | 17.0K | $3.4M | 0.4% | +896.4% |
| AEP AMERICAN ELECTRIC POWER | Utilities | 24.9K | $3.3M | 0.4% | New |
| META META PLATFORMS INC-CLASS A | Technology | 5.5K | $3.1M | 0.4% | -78.1% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 61.3K | $3.1M | 0.4% | New |
| CB CHUBB LTD | Financials | 9.4K | $3.0M | 0.3% | -51.2% |
| IBRX IMMUNITYBIO INC | Healthcare | 397.2K | $3.0M | 0.3% | New |
| CPRT COPART INC | Consumer discretionary | 90.6K | $3.0M | 0.3% | -9.6% |
| SSNC SS&C TECHNOLOGIES HOLDINGS | Technology | 43.0K | $2.9M | 0.3% | -15.8% |
| CENX CENTURY ALUMINUM COMPANY | Industrials | 48.9K | $2.9M | 0.3% | -36.8% |
| WULF TERAWULF INC | Financials | 194.4K | $2.8M | 0.3% | +21.4% |
| SFM SPROUTS FARMERS MARKET INC | Consumer discretionary | 36.3K | $2.8M | 0.3% | -55.4% |
| BAC BANK OF AMERICA CORP | Financials | 56.5K | $2.8M | 0.3% | -79.6% |
| SYY SYSCO CORP | Consumer discretionary | 38.2K | $2.7M | 0.3% | New |
| CAR AVIS BUDGET GROUP INC | Services media | 18.5K | $2.7M | 0.3% | +11.2% |
| PH PARKER HANNIFIN CORP | Industrials | 2.9K | $2.6M | 0.3% | +430.7% |
| DUOL DUOLINGO | Technology | 26.3K | $2.6M | 0.3% | +100.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 712 | $877.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 654 | $1.20B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 594 | $1.25B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 1142 | $835.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 1101 | $877.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 1160 | $995.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 1142 | $869.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 7, 2024 | 1104 | $942.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 1215 | $416.3M | canonical | SEC ↗ |
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