Hyperion Asset Management Ltd

Fundamental concentrated ★Highest signal CIK 1619844
League rank
#319
in Fundamental concentrated · #687 overall
Long book
$3.14B
Q1 2026
Positions
18
Top-10 weight
81%
concentration
Last quarter
+19.1%
SPY +14.8%
Turnover
11%
of book per quarter

Strategy in plain words

auto-generated from filings

Hyperion Asset Management Ltd is a concentrated fundamental stock-picker, running a $3.14B US long book across 18 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: TESLA INC, ALPHABET INC-CL A, META PLATFORMS INC-CLASS A, AMAZON.COM INC, ARM HOLDINGS PLC-ADR.

Over the last 9 quarters its long book ran on average 1.6pp per quarter ahead of the S&P 500, beating the index in 4 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
+2.5%
Q2 2024
+9.0%
Q3 2024
+21.9%
Q4 2024
-12.6%
Q1 2025
+24.5%
Q2 2025
+7.1%
Q3 2025
-4.6%
Q4 2025
-12.3%
Q1 2026
+19.1%

Sector allocation

Technology
50%
Industrials
25%
Consumer discretionary
13%
Healthcare
4%
Services media
4%
Communications
4%

Long book by quarter

$2.38B
Q1 2024
$2.42B
Q2 2024
$2.61B
Q3 2024
$3.02B
Q4 2024
$2.55B
Q1 2025
$3.17B
Q2 2025
$3.58B
Q3 2025
$3.58B
Q4 2025
$3.14B
Q1 2026

What does Hyperion Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
TSLA TESLA INCIndustrials1.2M$429.8M13.7%+4.5%
GOOGL ALPHABET INC-CL ATechnology1.2M$356.1M11.3%New
META META PLATFORMS INC-CLASS ATechnology567.0K$324.4M10.3%+91.7%
AMZN AMAZON.COM INCConsumer discretionary1.5M$307.8M9.8%+1.7%
NVDA NVIDIA CORPTechnology1.3M$224.1M7.1%-33.4%
ASML ASML HOLDING NV-NY REG SHSIndustrials149.6K$197.6M6.3%+39.1%
MSFT MICROSOFT CORPTechnology442.5K$163.8M5.2%-47.6%
XYZ BLOCK INCTechnology2.5M$151.1M4.8%-5.4%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology978.0K$143.1M4.6%-35.4%
ISRG INTUITIVE SURGICAL INCHealthcare279.9K$129.0M4.1%+31.1%
SPOT SPOTIFY TECHNOLOGY SACommunications236.7K$114.8M3.7%-29.3%
AXON AXON ENTERPRISE INCIndustrials221.0K$93.8M3.0%+50.2%
V VISA INC-CLASS A SHARESServices media214.6K$64.9M2.1%-18.0%
COST COSTCO WHOLESALE CORPConsumer discretionary63.1K$62.9M2.0%-15.7%
MA MASTERCARD INC - AServices media111.9K$55.9M1.8%+1.6%
INTU INTUIT INCTechnology90.1K$39.0M1.2%-58.1%
NOW SERVICENOW INCTechnology363.1K$38.0M1.2%-76.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202618$3.14B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202618$3.58B canonicalSEC ↗
Q3 202513F-HRNov 14, 202518$3.58B canonicalSEC ↗
Q2 202513F-HRJul 15, 202518$3.17B canonicalSEC ↗
Q1 202513F-HRMay 15, 202519$2.55B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202519$3.02B canonicalSEC ↗
Q3 202413F-HRNov 14, 202422$2.61B canonicalSEC ↗
Q2 202413F-HRAug 14, 202422$2.42B canonicalSEC ↗
Q1 202413F-HRMay 15, 202423$2.38B canonicalSEC ↗