Neo Ivy Capital Management

Quant stat arb Low signal CIK 1727783
League rank
#24
in Quant stat arb · #660 overall
Long book
$379.1M
Q1 2026
Positions
315
Top-10 weight
11%
concentration
Last quarter
+19.3%
SPY +14.8%
Turnover
76%
of book per quarter

Strategy in plain words

auto-generated from filings

Neo Ivy Capital Management is a quantitative fund whose holdings reflect models, not opinions, running a $379.1M US long book across 315 positions.

The portfolio is broadly diversified across 315 positions (top 10 only 11%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: QXO INC, NVIDIA CORP, BRUKER CORP, ALPHABET INC-CL C, COGNIZANT TECH SOLUTIONS-A.

Over the last 8 quarters its long book ran on average 1.4pp per quarter ahead of the S&P 500, beating the index in 5 of 8 quarters. 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
Q2 2024
+7.9%
Q3 2024
+1.5%
Q4 2024
-5.0%
Q1 2025
+11.8%
Q2 2025
+12.6%
Q3 2025
+2.1%
Q4 2025
-3.0%
Q1 2026
+19.3%

Sector allocation

Technology
22%
Financials
12%
Industrials
11%
Healthcare
10%
Other
8%
Consumer discretionary
8%
Services media
8%
Energy
7%

Long book by quarter

$509.8M
Q2 2024
$308.8M
Q3 2024
$496.4M
Q4 2024
$314.2M
Q1 2025
$313.5M
Q2 2025
$410.2M
Q3 2025
$633.0M
Q4 2025
$379.1M
Q1 2026

What does Neo Ivy own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
QXO QXO INCConsumer discretionary239.3K$4.6M1.2%+5.7%
NVDA NVIDIA CORPTechnology26.2K$4.6M1.2%-33.7%
BRKR BRUKER CORPHealthcare115.4K$4.2M1.1%New
GOOG ALPHABET INC-CL CTechnology14.5K$4.2M1.1%New
CTSH COGNIZANT TECH SOLUTIONS-ATechnology66.4K$4.1M1.1%New
TNL TRAVEL + LEISURE COServices media56.6K$3.9M1.0%New
IMAX IMAX CORPOther103.1K$3.9M1.0%-40.2%
CRDO CREDO TECHNOLOGY GROUP HOLDITechnology40.4K$3.8M1.0%New
ALB ALBEMARLE CORPMaterials21.0K$3.8M1.0%New
L LOEWS CORPFinancials35.0K$3.7M1.0%New
AAPL APPLE INCTechnology14.4K$3.7M1.0%-35.6%
ISRG INTUITIVE SURGICAL INCHealthcare7.9K$3.6M1.0%+41.1%
F FORD MOTOR COIndustrials313.2K$3.6M1.0%-46.0%
KLAC KLA CORPOther2.4K$3.6M0.9%New
CI THE CIGNA GROUPFinancials13.3K$3.6M0.9%-21.3%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology23.3K$3.4M0.9%-42.0%
CMC COMMERCIAL METALS COIndustrials54.9K$3.4M0.9%New
FSLY FASTLY INC - CLASS ATechnology113.3K$3.3M0.9%New
MSFT MICROSOFT CORPTechnology8.8K$3.2M0.9%New
PATH UIPATH INC - CLASS ATechnology291.6K$3.2M0.9%+26.6%
MU MICRON TECHNOLOGY INCTechnology9.5K$3.2M0.8%New
INTC INTEL CORPTechnology72.7K$3.2M0.8%-50.4%
OSCR OSCAR HEALTH INC - CLASS AFinancials270.1K$3.1M0.8%-37.4%
FLG FLAGSTAR BANK NAFinancials233.9K$3.1M0.8%New
DYN DYNE THERAPEUTICS INCHealthcare168.8K$3.1M0.8%-28.9%
FCX FREEPORT-MCMORAN INCMaterials52.0K$3.1M0.8%+7.6%
SBUX STARBUCKS CORPConsumer discretionary33.8K$3.0M0.8%+0.7%
PTEN PATTERSON-UTI ENERGY INCEnergy278.8K$3.0M0.8%+174.2%
CE CELANESE CORPMaterials45.8K$3.0M0.8%New
KO COCA-COLA CO/THEConsumer staples38.6K$2.9M0.8%+80.2%
UNH UNITEDHEALTH GROUP INCFinancials10.8K$2.9M0.8%+31.8%
BA BOEING CO/THEIndustrials14.4K$2.9M0.8%New
AMD ADVANCED MICRO DEVICESTechnology13.9K$2.8M0.7%-51.3%
KDP KEURIG DR PEPPER INCConsumer staples106.0K$2.8M0.7%New
PRM PERIMETER SOLUTIONS INCMaterials114.0K$2.8M0.7%New
GCMG GCM GROSVENOR INC - CLASS AFinancials282.7K$2.8M0.7%-0.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials5.6K$2.7M0.7%+81.2%
NFLX NETFLIX INCServices media28.0K$2.7M0.7%-62.1%
AM6 AMICUS THERAPEUTICS INC186.2K$2.7M0.7%-55.7%
MTN VAIL RESORTS INCServices media20.9K$2.7M0.7%New
CRGY CRESCENT ENERGY INC-AEnergy198.0K$2.7M0.7%New
CMCSA COMCAST CORP-CLASS ACommunications93.4K$2.7M0.7%-46.0%
UPST UPSTART HOLDINGS INCFinancials103.0K$2.6M0.7%-26.6%
MKC MCCORMICK & CO-NON VTG SHRSConsumer staples51.1K$2.6M0.7%New
WMT WALMART INCConsumer discretionary20.3K$2.5M0.7%+48.6%
ROK ROCKWELL AUTOMATION INCOther7.0K$2.5M0.7%New
PL PLANET LABS PBCTechnology89.3K$2.5M0.7%-58.2%
SNX TD SYNNEX CORPConsumer discretionary14.7K$2.5M0.7%New
HRB H&R BLOCK INCServices media78.3K$2.5M0.7%New
IT GARTNER INCServices media15.7K$2.5M0.7%+1487.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026315$379.1M canonicalSEC ↗
Q4 202513F-HRFeb 13, 2026336$633.0M canonicalSEC ↗
Q3 202513F-HRNov 12, 2025374$410.2M canonicalSEC ↗
Q2 202513F-HRAug 12, 2025343$313.5M canonicalSEC ↗
Q1 202513F-HRMay 6, 2025270$314.2M canonicalSEC ↗
Q4 202413F-HRFeb 18, 2025258$496.5M $K fixed canonicalSEC ↗
Q3 202413F-HRNov 18, 2024280$328.26B $K fixed canonicalSEC ↗
Q2 202413F-HRJul 19, 2024219$509.78B $K fixed canonicalSEC ↗