HS Investments IV Ltd

Fundamental diversified ★Signal financials specialist (100%) CIK 2065165
Long book
$80.6M
Q1 2026
Positions
2
Top-10 weight
100%
concentration
Last quarter
+49.9%
SPY +14.8%
Turnover
67%
of book per quarter

Strategy in plain words

auto-generated from filings

HS Investments IV Ltd is a diversified fundamental manager, specialised in financials (100% of the long book), running a $80.6M US long book across 2 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: WEBULL CORP, PAGAYA TECHNOLOGIES LTD -A.

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 2025
-38.3%
Q1 2026
+49.9%

Sector allocation

Financials
100%

Long book by quarter

$110.0M
Q4 2025
$80.6M
Q1 2026

What does HS Investments own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BULL WEBULL CORPFinancials14.1M$67.8M84.1%Held
PGY PAGAYA TECHNOLOGIES LTD -AFinancials1.1M$12.8M15.9%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20262$80.6M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20262$110.0M canonicalSEC ↗