Heron Bay Capital Management
Long book
$1.08B
Q1 2026
Positions
78
Top-10 weight
49%
concentration
Last quarter
+11.8%
SPY +14.8%
Turnover
39%
of book per quarter
Strategy in plain words
auto-generated from filingsHeron Bay Capital Management is a diversified fundamental manager, running a $1.08B US long book across 78 positions.
The portfolio is moderately concentrated (top 10 ≈ 49% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VONTIER CORP, LPL FINANCIAL HOLDINGS INC, SCHWAB (CHARLES) CORP, AMAZON.COM INC, ALPHABET INC-CL A.
Over the last 9 quarters its long book ran on average 1.4pp per quarter behind the S&P 500, beating the index in 3 of 9 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
Q1 2024
+0.9%
Q2 2024
+6.1%
Q3 2024
+5.7%
Q4 2024
-3.2%
Q1 2025
+9.0%
Q2 2025
+6.6%
Q3 2025
+1.1%
Q4 2025
-10.0%
Q1 2026
+11.8%
Sector allocation
Technology 41%
Financials 19%
Consumer discretionary 13%
Services media 9%
Industrials 6%
Healthcare 6%
Other 5%
Materials 0%
Long book by quarter
What does Heron Bay own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| VNT VONTIER CORP | Technology | 2.2M | $77.3M | 7.1% | +169.3% |
| LPLA LPL FINANCIAL HOLDINGS INC | Financials | 249.2K | $75.0M | 6.9% | +197.3% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 614.6K | $57.8M | 5.3% | +155.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 271.7K | $56.6M | 5.2% | +210.2% |
| GOOGL ALPHABET INC-CL A | Technology | 188.3K | $54.1M | 5.0% | +106.9% |
| FDS FACTSET RESEARCH SYSTEMS INC | Technology | 229.3K | $49.8M | 4.6% | +190.6% |
| CCSI CONSENSUS CLOUD SOLUTION | Technology | 2.0M | $48.4M | 4.5% | +62.7% |
| SSNC SS&C TECHNOLOGIES HOLDINGS | Technology | 622.6K | $42.1M | 3.9% | +130.0% |
| KKR KKR & CO INC | Financials | 411.7K | $38.1M | 3.5% | +293.9% |
| CPAY CORPAY INC | Services media | 130.1K | $37.9M | 3.5% | +264.3% |
| MCK MCKESSON CORP | Consumer discretionary | 43.5K | $37.6M | 3.5% | +158.0% |
| ULTA ULTA BEAUTY INC | Consumer discretionary | 68.7K | $35.9M | 3.3% | +152.5% |
| META META PLATFORMS INC-CLASS A | Technology | 62.0K | $35.5M | 3.3% | +162.0% |
| LRCX LAM RESEARCH CORP | Industrials | 162.1K | $34.6M | 3.2% | +98.9% |
| MSFT MICROSOFT CORP | Technology | 85.4K | $31.6M | 2.9% | +82.1% |
| TRU TRANSUNION | Services media | 425.2K | $29.4M | 2.7% | +139.6% |
| MEDP MEDPACE HOLDINGS INC | Healthcare | 50.3K | $24.2M | 2.2% | +158.8% |
| PRGS PROGRESS SOFTWARE CORP | Technology | 915.7K | $23.5M | 2.2% | +245.7% |
| CRM SALESFORCE INC | Technology | 105.4K | $19.7M | 1.8% | +203.5% |
| ROK ROCKWELL AUTOMATION INC | Other | 54.2K | $19.4M | 1.8% | +48.1% |
| ZBRA ZEBRA TECHNOLOGIES CORP-CL A | Industrials | 89.7K | $18.7M | 1.7% | +153.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 35.7K | $17.1M | 1.6% | +155.1% |
| TREX TREX COMPANY INC | Other | 465.9K | $17.0M | 1.6% | +777.4% |
| LH LABCORP HOLDINGS INC | Healthcare | 63.4K | $16.9M | 1.6% | +191.8% |
| MSCI MSCI INC | Services media | 29.7K | $16.0M | 1.5% | +105.7% |
| BRO BROWN & BROWN INC | Financials | 217.6K | $14.2M | 1.3% | +144.0% |
| ADBE ADOBE INC | Technology | 57.3K | $13.9M | 1.3% | +229.7% |
| IBP INSTALLED BUILDING PRODUCTS | Industrials | 50.6K | $13.4M | 1.2% | +161.8% |
| ZTS ZOETIS INC | Healthcare | 111.8K | $13.2M | 1.2% | +173.9% |
| TNET TRINET GROUP INC | Services media | 288.4K | $10.5M | 1.0% | +266.8% |
| TXN TEXAS INSTRUMENTS INC | Technology | 52.8K | $10.2M | 0.9% | +114.2% |
| CSW CSW INDUSTRIALS INC | Other | 35.0K | $9.1M | 0.8% | +117.5% |
| CPW CHECK POINT SOFTWARE TECH | — | 53.9K | $7.7M | 0.7% | +165.4% |
| POOL POOL CORP | Consumer discretionary | 25.4K | $5.1M | 0.5% | +255.7% |
| CRUS CIRRUS LOGIC INC | Technology | 28.9K | $4.2M | 0.4% | +16.9% |
| EXEL EXELIXIS INC | Healthcare | 95.5K | $4.1M | 0.4% | +33.0% |
| PINS PINTEREST INC- CLASS A | Technology | 221.3K | $4.1M | 0.4% | New |
| DOCU DOCUSIGN INC | Technology | 80.3K | $3.8M | 0.4% | New |
| GOOG ALPHABET INC-CL C | Technology | 13.2K | $3.8M | 0.3% | -6.5% |
| INCY INCYTE CORP | Healthcare | 40.0K | $3.8M | 0.3% | +16.9% |
| ZM ZOOM COMMUNICATIONS INC | Technology | 36.8K | $3.0M | 0.3% | +35.5% |
| UTHR UNITED THERAPEUTICS CORP | Healthcare | 4.3K | $2.6M | 0.2% | +14.3% |
| LNTH LANTHEUS HOLDINGS INC | Materials | 31.0K | $2.4M | 0.2% | +25.0% |
| SWKS SKYWORKS SOLUTIONS INC | Technology | 42.1K | $2.3M | 0.2% | +21.7% |
| TEAM ATLASSIAN CORP-CL A | Technology | 30.6K | $2.1M | 0.2% | New |
| PYPL PAYPAL HOLDINGS INC | Services media | 29.9K | $1.4M | 0.1% | +25.9% |
| PATH UIPATH INC - CLASS A | Technology | 120.9K | $1.3M | 0.1% | +24.9% |
| AAPL APPLE INC | Technology | 4.9K | $1.2M | 0.1% | -23.7% |
| ETSY ETSY INC | Services media | 17.0K | $848K | 0.1% | +26.3% |
| HPQ HP INC | Technology | 43.2K | $829K | 0.1% | +64.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 78 | $1.08B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 112 | $524.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 109 | $535.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 114 | $508.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 116 | $475.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 112 | $478.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 8, 2024 | 106 | $475.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 93 | $469.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 106 | $471.3M | canonical | SEC ↗ |
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