KP Management LLC

Fundamental diversified ★Signal CIK 2036769
League rank
#46
in Fundamental diversified · #242 overall
Long book
$349.3M
Q1 2026
Positions
61
Top-10 weight
34%
concentration
Last quarter
+27.7%
SPY +14.8%
Turnover
23%
of book per quarter

Strategy in plain words

auto-generated from filings

KP Management LLC is a diversified fundamental manager, running a $349.3M US long book across 61 positions.

The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, ASML HOLDING NV-NY REG SHS, TAIWAN SEMICONDUCTOR-SP ADR, ALPHABET INC-CL A, LUMENTUM HOLDINGS INC.

Over the last 9 quarters its long book ran on average 2.8pp 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
+4.3%
Q2 2024
+5.3%
Q3 2024
+3.2%
Q4 2024
-7.6%
Q1 2025
+19.8%
Q2 2025
+8.2%
Q3 2025
+2.9%
Q4 2025
+1.8%
Q1 2026
+27.7%

Sector allocation

Technology
45%
Industrials
26%
Consumer discretionary
12%
Other
7%
Services media
6%
Financials
3%
Utilities
1%
Materials
1%

Long book by quarter

$232.9M
Q1 2024
$265.6M
Q2 2024
$283.9M
Q3 2024
$284.7M
Q4 2024
$260.5M
Q1 2025
$246.9M
Q2 2025
$285.4M
Q3 2025
$321.0M
Q4 2025
$349.3M
Q1 2026

What does KP Management own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology92.5K$16.1M4.6%Held
ASML ASML HOLDING NV-NY REG SHSIndustrials10.5K$13.9M4.0%+7.7%
GOOGL ALPHABET INC-CL ATechnology43.0K$12.4M3.5%+21.1%
LITE LUMENTUM HOLDINGS INCTechnology17.0K$11.9M3.4%-15.0%
AMZN AMAZON.COM INCConsumer discretionary51.5K$10.7M3.1%+32.1%
TSEM TOWER SEMICONDUCTOR LTDTechnology61.0K$10.7M3.1%Held
AAPL APPLE INCTechnology40.0K$10.2M2.9%-15.8%
AVGO BROADCOM INCTechnology32.5K$10.1M2.9%-7.1%
GEV GE VERNOVA INCIndustrials11.1K$9.7M2.8%-8.2%
APH AMPHENOL CORP-CL ATechnology72.5K$9.2M2.6%+16.0%
HEI HEICO CORPIndustrials32.8K$9.0M2.6%+13.9%
TDG TRANSDIGM GROUP INCIndustrials7.3K$8.5M2.4%+47.0%
KLAC KLA CORPOther5.3K$7.7M2.2%+16.7%
WWD WOODWARD INCIndustrials21.5K$7.7M2.2%+4.9%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary24.0K$7.7M2.2%Held
INTC INTEL CORPTechnology170.0K$7.5M2.1%+750.0%
TEL TE CONNECTIVITY PLCConsumer discretionary34.0K$7.1M2.0%+30.8%
TER TERADYNE INCTechnology22.5K$6.7M1.9%-10.0%
COST COSTCO WHOLESALE CORPConsumer discretionary6.5K$6.5M1.9%Held
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary67.5K$6.2M1.8%Held
CIEN CIENA CORPTechnology15.0K$5.8M1.7%New
MA MASTERCARD INC - AServices media11.5K$5.7M1.6%Held
SNPS SYNOPSYS INCTechnology13.8K$5.5M1.6%-12.7%
CMI CUMMINS INCIndustrials10.0K$5.4M1.5%Held
PH PARKER HANNIFIN CORPIndustrials6.0K$5.4M1.5%Held
V VISA INC-CLASS A SHARESServices media17.5K$5.3M1.5%Held
COHR COHERENT CORPOther22.0K$5.2M1.5%New
MPWR MONOLITHIC POWER SYSTEMS INCTechnology4.5K$4.9M1.4%-18.2%
TMO THERMO FISHER SCIENTIFIC INCOther10.0K$4.9M1.4%Held
BA BOEING CO/THEIndustrials24.5K$4.9M1.4%-9.3%
JPM JPMORGAN CHASE & COFinancials16.5K$4.9M1.4%Held
GE GENERAL ELECTRICIndustrials16.5K$4.7M1.3%Held
META META PLATFORMS INC-CLASS ATechnology8.0K$4.6M1.3%+14.3%
SNDK SANDISK CORPTechnology7.0K$4.4M1.3%New
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials6$4.3M1.2%Held
MSFT MICROSOFT CORPTechnology11.5K$4.3M1.2%-56.6%
CDNS CADENCE DESIGN SYS INCTechnology14.5K$4.0M1.2%-23.7%
STXN SEAGATE TECHNOLOGY HOLDINGS10.0K$3.9M1.1%-28.6%
TTMI TTM TECHNOLOGIESTechnology40.0K$3.9M1.1%New
SPGI S&P GLOBAL INCServices media9.0K$3.8M1.1%-10.0%
UNP UNION PACIFIC CORPIndustrials15.0K$3.6M1.0%Held
NET CLOUDFLARE INC - CLASS ATechnology17.5K$3.6M1.0%-37.0%
BE BLOOM ENERGY CORP- AIndustrials26.6K$3.6M1.0%-22.0%
TLN TALEN ENERGY CORPUtilities11.0K$3.5M1.0%Held
MCO MOODY'S CORPServices media8.0K$3.5M1.0%-11.1%
AMAT APPLIED MATERIALS INCTechnology10.0K$3.4M1.0%New
SOLS SOLSTICE ADV MATERIALS INCMaterials44.7K$3.4M1.0%New
PWR QUANTA SERVICES INCIndustrials6.0K$3.3M0.9%+50.0%
ETN EATON CORP PLCIndustrials9.0K$3.2M0.9%-18.2%
AMD ADVANCED MICRO DEVICESTechnology15.0K$3.1M0.9%-25.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202683$409.4M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202670$361.9M canonicalSEC ↗
Q3 202513F-HRNov 14, 202566$315.7M canonicalSEC ↗
Q2 202513F-HR/ARESTATEMENTAug 18, 202565$271.7M canonicalSEC ↗
Q2 202513F-HRAug 14, 202574$476.3M SEC ↗
Q1 202513F-HRMay 15, 202572$289.5M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202580$319.3M canonicalSEC ↗
Q3 202413F-HROct 24, 202470$310.1M canonicalSEC ↗
Q2 202413F-HRSep 19, 202471$287.4M canonicalSEC ↗
Q1 202413F-HRSep 19, 202469$257.9M canonicalSEC ↗