Legend Capital Advisors LLC

Quant stat arb Low signal technology specialist (60%) CIK 2111719
League rank
#6
in Quant stat arb · #217 overall
Long book
$160.0M
Q1 2026
Positions
159
Top-10 weight
72%
concentration
Last quarter
+28.9%
SPY +14.8%
Turnover
66%
of book per quarter

Strategy in plain words

auto-generated from filings

Legend Capital Advisors LLC is a quantitative fund whose holdings reflect models, not opinions, specialised in technology (60% of the long book), running a $160.0M US long book across 159 positions.

The portfolio is concentrated: the top 10 names carry 72% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SNOWFLAKE INC, NU HOLDINGS LTD/CAYMAN ISL-A, META PLATFORMS INC-CLASS A, ALPHABET INC-CL A, TESLA 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
-18.1%
Q1 2026
+28.9%

Sector allocation

Technology
61%
Financials
18%
Industrials
5%
Communications
5%
Consumer discretionary
4%
Materials
2%
Energy
2%
Healthcare
2%

Long book by quarter

$179.5M
Q4 2025
$160.0M
Q1 2026

What does Legend Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
SNOW SNOWFLAKE INCTechnology314.0K$47.4M29.6%0.0%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials1.4M$20.0M12.5%Held
META META PLATFORMS INC-CLASS ATechnology27.5K$15.8M9.8%-0.2%
GOOGL ALPHABET INC-CL ATechnology25.6K$7.4M4.6%+1.9%
TSLA TESLA INCIndustrials14.7K$5.5M3.4%+9.0%
AAPL APPLE INCTechnology19.8K$5.0M3.1%-0.2%
WBD WARNER BROS DISCOVERY INCCommunications176.4K$4.8M3.0%+50.7%
NVDA NVIDIA CORPTechnology21.1K$3.7M2.3%-1.1%
TMC TMC THE METALS CO INCMaterials645.5K$3.0M1.9%+778.2%
AMZN AMAZON.COM INCConsumer discretionary14.1K$2.9M1.8%-16.1%
GOOG ALPHABET INC-CL CTechnology8.8K$2.5M1.6%-27.0%
AMD ADVANCED MICRO DEVICESTechnology12.3K$2.5M1.6%+0.2%
TU TELUS CORPCommunications85.7K$2.5M1.6%+30.4%
MSFT MICROSOFT CORPTechnology6.0K$2.2M1.4%-34.8%
XOM EXXON MOBIL CORPEnergy10.7K$1.8M1.1%-0.3%
LLY ELI LILLY & COHealthcare1.9K$1.8M1.1%+0.9%
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology4.1K$1.6M1.0%+2.4%
BEN FRANKLIN RESOURCES INCFinancials67.2K$1.6M1.0%New
PLTR PALANTIR TECHNOLOGIES INC-ATechnology10.3K$1.5M0.9%-7.4%
NFLX NETFLIX INCServices media11.8K$1.1M0.7%-0.2%
FIGR FIGURE TECHNOLOGY SOLUT-CL AFinancials30.5K$1.0M0.6%New
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.6K$782K0.5%-1.0%
UNH UNITEDHEALTH GROUP INCFinancials2.7K$724K0.5%0.0%
WMT WALMART INCConsumer discretionary5.8K$715K0.4%Held
JPM JPMORGAN CHASE & COFinancials2.4K$698K0.4%Held
GS GOLDMAN SACHS GROUP INCFinancials687$581K0.4%-1.3%
COST COSTCO WHOLESALE CORPConsumer discretionary561$559K0.3%Held
AXP AMERICAN EXPRESS COFinancials1.8K$531K0.3%-2.0%
AVGO BROADCOM INCTechnology1.7K$523K0.3%+9.6%
CSCO CISCO SYSTEMS INCTechnology6.1K$471K0.3%Held
SOFI SOFI TECHNOLOGIES INCFinancials25.4K$404K0.3%-1.9%
AM ANTERO MIDSTREAM CORPUtilities17.5K$399K0.2%New
RTX RTX CORPIndustrials2.1K$396K0.2%Held
CVX CHEVRON CORPEnergy1.8K$376K0.2%-0.3%
MCD MCDONALD'S CORPConsumer discretionary1.2K$373K0.2%Held
JNJ JOHNSON & JOHNSONHealthcare1.4K$337K0.2%Held
ASML ASML HOLDING NV-NY REG SHSIndustrials237$313K0.2%Held
VRT VERTIV HOLDINGS CO-ATechnology1.2K$293K0.2%New
V VISA INC-CLASS A SHARESServices media951$287K0.2%-5.8%
VZ VERIZON COMMUNICATIONS INCCommunications5.7K$277K0.2%Held
WFC WELLS FARGO & COFinancials3.3K$263K0.2%-3.6%
PANW PALO ALTO NETWORKS INCTechnology1.6K$263K0.2%+13.9%
FDX FEDEX CORPIndustrials700$249K0.2%-1.4%
GWW WW GRAINGER INCConsumer discretionary223$243K0.2%Held
AR ANTERO RESOURCES CORPEnergy5.7K$240K0.1%New
NOC NORTHROP GRUMMAN CORPTechnology348$237K0.1%New
HWM HOWMET AEROSPACE INCIndustrials981$226K0.1%Held
HON HONEYWELL INTERNATIONAL INCIndustrials991$224K0.1%New
LHX L3HARRIS TECHNOLOGIES INCTechnology629$217K0.1%New
MRK MERCK & CO. INC.Healthcare1.8K$211K0.1%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026159$160.0M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202656$179.5M canonicalSEC ↗