MARK ASSET MANAGEMENT LP

Fundamental concentrated ★Highest signal CIK 860176
League rank
#175
in Fundamental concentrated · #284 overall
Long book
$753.0M
Q1 2026
Positions
31
Top-10 weight
74%
concentration
Last quarter
+26.0%
SPY +14.8%
Turnover
37%
of book per quarter

Strategy in plain words

auto-generated from filings

MARK ASSET MANAGEMENT LP is a concentrated fundamental stock-picker, running a $753.0M US long book across 31 positions.

The portfolio is concentrated: the top 10 names carry 74% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, META PLATFORMS INC-CLASS A, ALPHABET INC-CL A, AMAZON.COM INC, TAIWAN SEMICONDUCTOR-SP ADR.

Over the last 9 quarters its long book ran on average 2.3pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+9.7%
Q2 2024
+2.3%
Q3 2024
+9.0%
Q4 2024
-10.0%
Q1 2025
+27.2%
Q2 2025
+7.0%
Q3 2025
-3.7%
Q4 2025
-6.3%
Q1 2026
+26.0%

Sector allocation

Technology
44%
Industrials
27%
Services media
9%
Financials
9%
Consumer discretionary
9%
Communications
1%
Healthcare
1%
Materials
0%

Long book by quarter

$739.9M
Q1 2024
$756.5M
Q2 2024
$809.0M
Q3 2024
$648.6M
Q4 2024
$664.4M
Q1 2025
$835.1M
Q2 2025
$979.1M
Q3 2025
$892.6M
Q4 2025
$753.0M
Q1 2026

What does MARK ASSET own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology476.9K$83.2M11.0%+5.1%
META META PLATFORMS INC-CLASS ATechnology132.1K$75.6M10.0%+1.7%
GOOGL ALPHABET INC-CL ATechnology251.6K$72.3M9.6%+1.0%
AMZN AMAZON.COM INCConsumer discretionary270.9K$56.4M7.5%+10.8%
GEV GE VERNOVA INCIndustrials55.9K$48.8M6.5%-5.3%
BA BOEING CO/THEIndustrials205.9K$41.0M5.4%-2.2%
RTX RTX CORPIndustrials210.3K$40.6M5.4%-5.6%
WYNN WYNN RESORTS LTDServices media330.4K$33.6M4.5%+23.8%
AAPL APPLE INCTechnology124.1K$31.5M4.2%+24.6%
COF CAPITAL ONE FINANCIAL CORPFinancials123.8K$22.6M3.0%+3.4%
RIOT RIOT PLATFORMS INCFinancials1.7M$21.5M2.9%+21.4%
ASML ASML HOLDING NV-NY REG SHSIndustrials16.2K$21.4M2.8%+2.5%
NFLX NETFLIX INCServices media116.4K$11.2M1.5%+5.8%
GE GENERAL ELECTRICIndustrials37.3K$10.6M1.4%-7.6%
DIS WALT DISNEY CO/THEServices media95.7K$9.2M1.2%-65.8%
ORCL ORACLE CORPTechnology62.2K$9.2M1.2%-55.7%
MU MICRON TECHNOLOGY INCTechnology24.5K$8.3M1.1%New
GLW CORNING INCIndustrials60.6K$8.2M1.1%New
PSKY PARAMOUNT SKYDANCE CL BCommunications827.7K$7.5M1.0%+61.9%
DKNG DRAFTKINGS INC-CL AServices media305.8K$6.6M0.9%+482.1%
SCHW SCHWAB (CHARLES) CORPFinancials69.4K$6.5M0.9%-8.4%
HUT HUT 8 CORPFinancials97.9K$4.6M0.6%-18.9%
MLYS MINERALYS THERAPEUTICS INCHealthcare144.9K$3.9M0.5%New
GOOG ALPHABET INC-CL CTechnology12.7K$3.6M0.5%-4.1%
CHYM CHIME FINANCIAL INC-CL AFinancials110.2K$2.1M0.3%-64.3%
TSLA TESLA INCIndustrials3.5K$1.3M0.2%-36.6%
MLM MARTIN MARIETTA MATERIALSMaterials1.6K$945K0.1%-18.5%
LQDA LIQUIDIA CORPHealthcare18.0K$680K0.1%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202637$1.10B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202647$1.51B canonicalSEC ↗
Q3 202513F-HRNov 14, 202555$1.39B canonicalSEC ↗
Q2 202513F-HRAug 14, 202552$1.28B canonicalSEC ↗
Q1 202513F-HRMay 15, 202552$1.03B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202551$923.6M canonicalSEC ↗
Q3 202413F-HRNov 14, 202452$1.09B canonicalSEC ↗
Q2 202413F-HRAug 14, 202457$1.00B canonicalSEC ↗
Q1 202413F-HRMay 15, 202452$769.0M canonicalSEC ↗