OPAL CAPITAL LLC

Quant stat arb Low signal CIK 2100122
League rank
#145
in Quant stat arb · #6993 overall
Long book
$564.7M
Q1 2026
Positions
141
Top-10 weight
22%
concentration
Last quarter
+5.5%
SPY +14.8%
Turnover
66%
of book per quarter

Strategy in plain words

auto-generated from filings

OPAL CAPITAL LLC is a quantitative fund whose holdings reflect models, not opinions, running a $564.7M US long book across 141 positions.

The portfolio is broadly diversified across 141 positions (top 10 only 22%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: CHEVRON CORP, PHILIP MORRIS INTERNATIONAL, VERIZON COMMUNICATIONS INC, MPLX LP, BRITISH AMERICAN TOB-SP ADR.

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
+3.0%
Q1 2026
+5.5%

Sector allocation

Energy
15%
Financials
13%
Utilities
12%
Technology
12%
Industrials
10%
Consumer staples
9%
Healthcare
8%
Services media
6%

Long book by quarter

$400.2M
Q4 2025
$564.7M
Q1 2026

What does OPAL CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CVX CHEVRON CORPEnergy85.7K$17.7M3.1%+122.4%
PM PHILIP MORRIS INTERNATIONALConsumer staples96.5K$15.9M2.8%+10.3%
VZ VERIZON COMMUNICATIONS INCCommunications287.0K$14.4M2.6%+4.6%
MPLX MPLX LPEnergy231.5K$13.2M2.3%+5.3%
NEE NEXTERA ENERGY INCUtilities125.1K$11.6M2.1%-8.0%
JNJ JOHNSON & JOHNSONHealthcare44.2K$10.8M1.9%+2.3%
UPS UNITED PARCEL SERVICE-CL BIndustrials99.9K$9.8M1.7%+68.1%
CME CME GROUP INCFinancials33.1K$9.8M1.7%+3.3%
NVDA NVIDIA CORPTechnology55.8K$9.7M1.7%+118.1%
UNH UNITEDHEALTH GROUP INCFinancials34.9K$9.5M1.7%+196.6%
ABBV ABBVIE INCHealthcare41.2K$9.0M1.6%+19.7%
VLO VALERO ENERGY CORPEnergy36.1K$8.9M1.6%New
HSY HERSHEY CO/THEConsumer staples42.6K$8.9M1.6%+38.7%
D DOMINION ENERGY INCUtilities140.9K$8.7M1.5%+5.3%
ASML ASML HOLDING NV-NY REG SHSIndustrials6.2K$8.2M1.5%+137.8%
AEP AMERICAN ELECTRIC POWERUtilities61.0K$8.0M1.4%+5.2%
ENB ENBRIDGE INCEnergy137.4K$7.4M1.3%-34.2%
GOOG ALPHABET INC-CL CTechnology25.0K$7.2M1.3%+185.7%
CI THE CIGNA GROUPFinancials25.8K$6.9M1.2%+19.3%
PEP PEPSICO INCConsumer staples43.6K$6.8M1.2%-1.1%
MSFT MICROSOFT CORPTechnology18.0K$6.7M1.2%+18.8%
LLY ELI LILLY & COHealthcare7.2K$6.6M1.2%+1005.5%
AIG AMERICAN INTERNATIONAL GROUPFinancials87.4K$6.6M1.2%+5.5%
MA MASTERCARD INC - AServices media12.7K$6.4M1.1%+1181.7%
KMI KINDER MORGAN INCUtilities184.9K$6.2M1.1%+4.9%
ATO ATMOS ENERGY CORPUtilities33.3K$6.2M1.1%New
DVN DEVON ENERGY CORPEnergy121.5K$6.1M1.1%New
AAPL APPLE INCTechnology23.9K$6.1M1.1%-16.1%
HD HOME DEPOT INCConsumer discretionary18.3K$6.0M1.1%+1743.8%
NFLX NETFLIX INCServices media61.4K$5.9M1.0%+254.9%
BIPC BROOKFIELD INFRASTRUCTURE-AUtilities148.6K$5.9M1.0%+5.4%
AMZN AMAZON.COM INCConsumer discretionary26.8K$5.6M1.0%+92.4%
FER FERROVIAL NVIndustrials83.8K$5.4M1.0%+1968.5%
PG PROCTER & GAMBLE CO/THEOther37.6K$5.4M1.0%+44.1%
SPOT SPOTIFY TECHNOLOGY SACommunications10.7K$5.2M0.9%New
MELI MERCADOLIBRE INCServices media3.0K$5.1M0.9%+1228.1%
TTE TOTALENERGIES SEEnergy55.5K$5.1M0.9%+70.9%
MO ALTRIA GROUP INCConsumer staples75.8K$5.0M0.9%+0.7%
QXO QXO INCConsumer discretionary255.8K$5.0M0.9%+2185.2%
UBER UBER TECHNOLOGIES INCServices media65.5K$4.7M0.8%+1117.4%
LEN LENNAR CORP-AIndustrials53.0K$4.6M0.8%+124.7%
INTU INTUIT INCTechnology10.2K$4.4M0.8%+1215.7%
BN BROOKFIELD CORPReal estate103.4K$4.2M0.7%+2167.6%
GS GOLDMAN SACHS GROUP INCFinancials4.6K$3.9M0.7%-60.8%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials269.3K$3.9M0.7%New
NKE NIKE INC -CL BOther69.3K$3.7M0.6%+1772.8%
V VISA INC-CLASS A SHARESServices media12.1K$3.7M0.6%+75.1%
AVGO BROADCOM INCTechnology11.5K$3.6M0.6%+55.7%
GOOGL ALPHABET INC-CL ATechnology10.7K$3.1M0.5%-19.5%
IDXX IDEXX LABORATORIES INCMaterials5.5K$3.1M0.5%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 18, 2026141$564.7M canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026192$400.2M canonicalSEC ↗