Oak Thistle LLC
Long book
$1.03B
Q1 2026
Positions
452
Top-10 weight
9%
concentration
Last quarter
+14.3%
SPY +14.8%
Turnover
59%
of book per quarter
Strategy in plain words
auto-generated from filingsOak Thistle LLC is a quantitative fund whose holdings reflect models, not opinions, running a $1.03B US long book across 452 positions.
The portfolio is broadly diversified across 452 positions (top 10 only 9%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: MICRON TECHNOLOGY INC, CHEVRON CORP, APPLIED MATERIALS INC, CORNING INC, SANDISK CORP.
Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 4 of 9 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
Q1 2024
-3.7%
Q2 2024
+10.1%
Q3 2024
+1.4%
Q4 2024
-3.1%
Q1 2025
+7.2%
Q2 2025
+4.9%
Q3 2025
+3.7%
Q4 2025
-2.0%
Q1 2026
+14.3%
Sector allocation
Industrials 19%
Technology 18%
Financials 17%
Utilities 8%
Consumer discretionary 8%
Services media 7%
Other 6%
Healthcare 6%
Long book by quarter
What does Oak Thistle own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MU MICRON TECHNOLOGY INC | Technology | 37.6K | $12.7M | 1.2% | +643.2% |
| CVX CHEVRON CORP | Energy | 50.3K | $10.4M | 1.0% | +246.9% |
| AMAT APPLIED MATERIALS INC | Technology | 28.1K | $9.6M | 0.9% | +79.3% |
| GLW CORNING INC | Industrials | 68.2K | $9.3M | 0.9% | New |
| SNDK SANDISK CORP | Technology | 14.5K | $9.2M | 0.9% | New |
| BKNG BOOKING HOLDINGS INC | Industrials | 2.2K | $9.1M | 0.9% | +537.2% |
| AMG AFFILIATED MANAGERS GROUP | Financials | 31.8K | $8.8M | 0.9% | +265.9% |
| FDX FEDEX CORP | Industrials | 22.0K | $7.8M | 0.8% | +1355.8% |
| TDG TRANSDIGM GROUP INC | Industrials | 6.0K | $6.9M | 0.7% | +347.4% |
| EQH EQUITABLE HOLDINGS INC | Financials | 180.2K | $6.7M | 0.6% | +359.4% |
| ADI ANALOG DEVICES INC | Technology | 21.0K | $6.7M | 0.6% | New |
| AEE AMEREN CORPORATION | Utilities | 59.9K | $6.6M | 0.6% | +12.5% |
| TSLA TESLA INC | Industrials | 17.7K | $6.6M | 0.6% | New |
| LRCX LAM RESEARCH CORP | Industrials | 30.7K | $6.6M | 0.6% | New |
| VLO VALERO ENERGY CORP | Energy | 26.4K | $6.5M | 0.6% | New |
| CF CF INDUSTRIES HOLDINGS INC | Other | 50.0K | $6.5M | 0.6% | New |
| TPG TPG INC | Financials | 155.2K | $6.3M | 0.6% | +707.9% |
| THC TENET HEALTHCARE CORP | Healthcare | 33.2K | $6.3M | 0.6% | New |
| OGE OGE ENERGY CORP | Utilities | 124.3K | $6.0M | 0.6% | +128.8% |
| CVS CVS HEALTH CORP | Healthcare | 82.0K | $5.9M | 0.6% | +584.9% |
| LECO LINCOLN ELECTRIC HOLDINGS | Industrials | 23.6K | $5.9M | 0.6% | +257.8% |
| WFC WELLS FARGO & CO | Financials | 71.6K | $5.7M | 0.6% | +240.4% |
| CTRA COTERRA ENERGY INC | — | 160.5K | $5.6M | 0.5% | +219.8% |
| HAL HALLIBURTON CO | Energy | 143.9K | $5.6M | 0.5% | +254.4% |
| RGA REINSURANCE GROUP OF AMERICA | Financials | 27.3K | $5.6M | 0.5% | New |
| PCG P G & E CORP | Utilities | 311.0K | $5.5M | 0.5% | +124.1% |
| SOLS SOLSTICE ADV MATERIALS INC | Materials | 71.6K | $5.5M | 0.5% | New |
| WMB WILLIAMS COS INC | Utilities | 74.6K | $5.4M | 0.5% | +279.9% |
| AIG AMERICAN INTERNATIONAL GROUP | Financials | 71.2K | $5.4M | 0.5% | +215.8% |
| OTIS OTIS WORLDWIDE CORP | Industrials | 68.8K | $5.3M | 0.5% | +193.5% |
| ADM ARCHER-DANIELS-MIDLAND CO | Consumer staples | 72.4K | $5.3M | 0.5% | New |
| UBER UBER TECHNOLOGIES INC | Services media | 72.6K | $5.2M | 0.5% | New |
| TAP MOLSON COORS BEVERAGE CO - B | Consumer staples | 115.9K | $5.0M | 0.5% | +69.4% |
| CIEN CIENA CORP | Technology | 12.8K | $5.0M | 0.5% | +208.3% |
| UNH UNITEDHEALTH GROUP INC | Financials | 18.2K | $4.9M | 0.5% | New |
| MKL MARKEL GROUP INC | Financials | 2.6K | $4.9M | 0.5% | New |
| PH PARKER HANNIFIN CORP | Industrials | 5.5K | $4.9M | 0.5% | New |
| GE GENERAL ELECTRIC | Industrials | 17.2K | $4.9M | 0.5% | +336.7% |
| AZO AUTOZONE INC | Consumer discretionary | 1.4K | $4.9M | 0.5% | +8.2% |
| EXPE EXPEDIA GROUP INC | Industrials | 21.0K | $4.8M | 0.5% | +1536.8% |
| GEN GEN DIGITAL INC | Technology | 257.5K | $4.8M | 0.5% | +323.7% |
| PRMB PRIMO BRANDS CORP | Consumer staples | 257.1K | $4.8M | 0.5% | +384.7% |
| LMT LOCKHEED MARTIN CORP | Industrials | 7.7K | $4.6M | 0.5% | New |
| SMCI SUPER MICRO COMPUTER INC | Technology | 203.3K | $4.6M | 0.4% | New |
| RBC RBC BEARINGS INC | Industrials | 8.4K | $4.6M | 0.4% | New |
| LNG CHENIERE ENERGY INC | Utilities | 15.9K | $4.5M | 0.4% | +243.6% |
| BLK BLACKROCK INC | Financials | 4.6K | $4.5M | 0.4% | +41.8% |
| DPZ DOMINO'S PIZZA INC | Consumer discretionary | 12.4K | $4.4M | 0.4% | +151.2% |
| NI NISOURCE INC | Utilities | 94.0K | $4.4M | 0.4% | +38.6% |
| NVT NVENT ELECTRIC PLC | Industrials | 36.4K | $4.3M | 0.4% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 13, 2026 | 452 | $1.03B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 21, 2026 | 481 | $719.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 7, 2025 | 447 | $656.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 444 | $679.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 398 | $496.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 14, 2025 | 392 | $336.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 384 | $307.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 6, 2024 | 286 | $134.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 18, 2024 | 281 | $111.4M | canonical | SEC ↗ |
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