Kailix Advisors LLC

Fundamental diversified ★Signal CIK 1970731
League rank
#922
in Fundamental diversified · #7359 overall
Long book
$114.3M
Q1 2026
Positions
10
Top-10 weight
100%
concentration
Last quarter
-1.9%
SPY +14.8%
Turnover
54%
of book per quarter

Strategy in plain words

auto-generated from filings

Kailix Advisors LLC is a diversified fundamental manager, running a $114.3M US long book across 10 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: DAUCH CORPORATION, GREEN PLAINS INC, CONSTELLIUM SE, SELECT WATER SOLUTIONS INC, AMRIZE LTD.

Over the last 9 quarters its long book ran on average 5pp 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
-15.6%
Q2 2024
-25.2%
Q3 2024
-6.0%
Q4 2024
-17.5%
Q1 2025
-3.5%
Q2 2025
+11.5%
Q3 2025
+24.0%
Q4 2025
+29.2%
Q1 2026
-1.9%

Sector allocation

Industrials
44%
Materials
18%
Other
15%
Energy
12%
Consumer discretionary
6%
Technology
5%

Long book by quarter

$171.0M
Q1 2024
$159.0M
Q2 2024
$118.6M
Q3 2024
$119.3M
Q4 2024
$89.0M
Q1 2025
$64.6M
Q2 2025
$73.5M
Q3 2025
$89.7M
Q4 2025
$114.3M
Q1 2026

What does Kailix Advisors own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
DCH DAUCH CORPORATIONIndustrials4.4M$26.4M23.1%+179.8%
GPRE GREEN PLAINS INCOther1.1M$17.3M15.1%-22.2%
CSTM CONSTELLIUM SEIndustrials494.4K$13.5M11.8%-49.5%
WTTR SELECT WATER SOLUTIONS INCEnergy880.2K$13.2M11.5%New
AMRZ AMRIZE LTDIndustrials184.1K$10.3M9.0%+2.5%
BTU PEABODY ENERGY CORPMaterials239.8K$7.9M6.9%New
WCC WESCO INTERNATIONAL INCConsumer discretionary24.9K$7.0M6.1%New
LAC LITHIUM AMERICAS CORPMaterials1.7M$6.8M5.9%+45.6%
SOLS SOLSTICE ADV MATERIALS INCMaterials80.4K$6.3M5.5%-56.9%
LHX L3HARRIS TECHNOLOGIES INCTechnology16.3K$5.8M5.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 30, 202610$114.3M canonicalSEC ↗
Q4 202513F-HRFeb 4, 20269$89.7M canonicalSEC ↗
Q3 202513F-HRNov 6, 20257$73.5M canonicalSEC ↗
Q2 202513F-HRAug 14, 20258$64.6M canonicalSEC ↗
Q1 202513F-HRMay 5, 20258$89.0M canonicalSEC ↗
Q4 202413F-HRFeb 10, 20258$119.3M canonicalSEC ↗
Q3 202413F-HRNov 4, 20246$118.6M canonicalSEC ↗
Q2 202413F-HRAug 2, 20246$159.0M canonicalSEC ↗
Q1 202413F-HRApr 29, 20247$171.0M canonicalSEC ↗