Lalia Capital, LLC
Long book
$158.3M
Q1 2026
Positions
13
Top-10 weight
95%
concentration
Last quarter
+4.0%
SPY +14.8%
Turnover
53%
of book per quarter
Strategy in plain words
auto-generated from filingsLalia Capital, LLC is an institutional manager, specialised in financials (100% of the long book), running a $158.3M US long book across 13 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: BLUE OWL CAPITAL CORP, GOLUB CAPITAL BDC INC, SS SPDR S&P BIOTECH ETF, ISHARES BITCOIN TRUST ETF, BLUE OWL CAPITAL INC.
Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2025
-4.6%
Q1 2026
+4.0%
Sector allocation
Other 64%
Financials 36%
Long book by quarter
What does Lalia Capital, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| OBDC BLUE OWL CAPITAL CORP | — | 3.1M | $34.6M | 21.9% | +2.5% |
| GBDC GOLUB CAPITAL BDC INC | — | 2.5M | $32.2M | 20.3% | +2.5% |
| OWL BLUE OWL CAPITAL INC | Financials | 1.2M | $10.7M | 6.7% | New |
| BX BLACKSTONE INC | Financials | 91.0K | $10.5M | 6.6% | New |
| KKR KKR & CO INC | Financials | 96.1K | $8.9M | 5.6% | New |
| APO APOLLO GLOBAL MANAGEMENT INC | Financials | 75.0K | $8.4M | 5.3% | New |
| WHF WHITEHORSE FINANCE INC | — | 689.1K | $5.1M | 3.2% | +3.5% |
| CG CARLYLE GROUP INC/THE | Financials | 42.0K | $2.0M | 1.3% | New |
| FSK FS KKR CAPITAL CORP | — | 25.4K | $259K | 0.2% | New |