Iron Gate Global Advisors LLC

Fundamental diversified ★Signal CIK 1131181
League rank
#538
in Fundamental diversified · #3591 overall
Long book
$946.7M
Q1 2026
Positions
105
Top-10 weight
69%
concentration
Last quarter
+11.8%
SPY +14.8%
Turnover
17%
of book per quarter

Strategy in plain words

auto-generated from filings

Iron Gate Global Advisors LLC is a diversified fundamental manager, running a $946.7M US long book across 105 positions.

The portfolio is concentrated: the top 10 names carry 69% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: BERKSHIRE HATHAWAY INC-CL B, AMAZON.COM INC, NVIDIA CORP, APPLE INC, ALPHABET INC-CL C.

Over the last 9 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 6 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
+6.4%
Q2 2024
+6.1%
Q3 2024
+4.7%
Q4 2024
-3.2%
Q1 2025
+13.0%
Q2 2025
+8.9%
Q3 2025
+2.2%
Q4 2025
-6.7%
Q1 2026
+11.8%

Sector allocation

Technology
46%
Financials
18%
Consumer discretionary
11%
Services media
10%
Industrials
5%
Materials
4%
Consumer staples
3%
Healthcare
2%

Long book by quarter

$551.5M
Q1 2024
$592.4M
Q2 2024
$647.0M
Q3 2024
$708.9M
Q4 2024
$725.3M
Q1 2025
$897.3M
Q2 2025
$962.6M
Q3 2025
$976.6M
Q4 2025
$946.7M
Q1 2026

What does Iron Gate own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials198.5K$95.1M10.1%+4.2%
AMZN AMAZON.COM INCConsumer discretionary401.1K$83.5M8.8%+4.2%
NVDA NVIDIA CORPTechnology412.6K$72.0M7.6%+3.1%
AAPL APPLE INCTechnology279.6K$71.0M7.5%+0.6%
GOOG ALPHABET INC-CL CTechnology244.3K$70.1M7.4%-3.7%
META META PLATFORMS INC-CLASS ATechnology122.1K$69.9M7.4%+6.4%
AXP AMERICAN EXPRESS COFinancials161.8K$49.0M5.2%-1.3%
MSFT MICROSOFT CORPTechnology123.0K$45.5M4.8%+6.7%
UBER UBER TECHNOLOGIES INCServices media480.1K$34.5M3.6%+5.7%
APD AIR PRODUCTS & CHEMICALS INCMaterials107.3K$31.2M3.3%+2.1%
RTX RTX CORPIndustrials149.0K$28.7M3.0%-3.1%
GOOGL ALPHABET INC-CL ATechnology98.4K$28.3M3.0%-0.6%
NFLX NETFLIX INCServices media254.8K$24.5M2.6%+23.6%
HSY HERSHEY CO/THEConsumer staples108.4K$22.5M2.4%-9.2%
V VISA INC-CLASS A SHARESServices media71.9K$21.7M2.3%+3.0%
JNJ JOHNSON & JOHNSONHealthcare68.4K$16.7M1.8%+0.4%
PANW PALO ALTO NETWORKS INCTechnology99.4K$15.9M1.7%+20.1%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology99.9K$14.6M1.5%+14.2%
WMT WALMART INCConsumer discretionary36.0K$4.5M0.5%+4.5%
CAT CATERPILLAR INCIndustrials5.1K$3.6M0.4%+15.0%
TSLA TESLA INCIndustrials7.4K$2.8M0.3%+3.1%
ETN EATON CORP PLCIndustrials6.1K$2.2M0.2%0.0%
PG PROCTER & GAMBLE CO/THEOther12.8K$1.9M0.2%-0.2%
COST COSTCO WHOLESALE CORPConsumer discretionary1.8K$1.8M0.2%+7.6%
XOM EXXON MOBIL CORPEnergy10.1K$1.7M0.2%+7.4%
CATY CATHAY GENERAL BANCORPFinancials31.1K$1.6M0.2%Held
AVGO BROADCOM INCTechnology4.0K$1.2M0.1%+29.3%
MA MASTERCARD INC - AServices media2.3K$1.1M0.1%-0.9%
CVX CHEVRON CORPEnergy5.5K$1.1M0.1%+19.2%
EMR EMERSON ELECTRIC COIndustrials8.6K$1.1M0.1%0.0%
JPM JPMORGAN CHASE & COFinancials3.6K$1.0M0.1%+57.9%
MRK MERCK & CO. INC.Healthcare8.1K$971K0.1%+0.9%
LLY ELI LILLY & COHealthcare988$909K0.1%-7.1%
PPG PPG INDUSTRIES INCOther8.1K$868K0.1%Held
MCD MCDONALD'S CORPConsumer discretionary2.6K$807K0.1%-11.7%
PEP PEPSICO INCConsumer staples4.8K$751K0.1%-4.2%
HD HOME DEPOT INCConsumer discretionary2.3K$746K0.1%+15.6%
CARR CARRIER GLOBAL CORPIndustrials13.2K$744K0.1%Held
MS MORGAN STANLEYFinancials4.4K$722K0.1%+85.3%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials1$718K0.1%Held
SNOW SNOWFLAKE INCTechnology4.5K$681K0.1%-26.8%
DE DEERE & COIndustrials1.0K$580K0.1%-1.2%
FCX FREEPORT-MCMORAN INCMaterials9.5K$559K0.1%+93.1%
ASML ASML HOLDING NV-NY REG SHSIndustrials398$526K0.1%+110.6%
OTIS OTIS WORLDWIDE CORPIndustrials6.6K$511K0.1%Held
ANGX ANGEL STUDIOS INCServices media163.9K$500K0.1%Held
BAC BANK OF AMERICA CORPFinancials9.3K$455K0.0%+21.5%
HQY HEALTHEQUITY INCServices media5.4K$452K0.0%-22.1%
ALL ALLSTATE CORPFinancials2.2K$452K0.0%Held
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology1.1K$411K0.0%-17.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026105$946.7M canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026100$976.6M canonicalSEC ↗
Q3 202513F-HRNov 14, 2025116$979.1M canonicalSEC ↗
Q2 202513F-HRAug 14, 202583$897.3M canonicalSEC ↗
Q1 202513F-HR/ARESTATEMENTMay 27, 202595$725.5M canonicalSEC ↗
Q1 202513F-HRMay 15, 202577$621.7M SEC ↗
Q4 202413F-HRFeb 13, 202587$708.9M canonicalSEC ↗
Q3 202413F-HRNov 14, 202490$647.0M canonicalSEC ↗
Q2 202413F-HRAug 14, 202499$606.3M canonicalSEC ↗
Q1 202413F-HRMay 15, 202499$562.4M canonicalSEC ↗