Paloma Partners Management Co

Quant stat arb Low signal CIK 1103882
League rank
#3
in Quant stat arb · #120 overall
Long book
$113.5M
Q1 2026
Positions
39
Top-10 weight
60%
concentration
Last quarter
+35.5%
SPY +14.8%
Turnover
63%
of book per quarter

Strategy in plain words

auto-generated from filings

Paloma Partners Management Co is a quantitative fund whose holdings reflect models, not opinions, running a $113.5M US long book across 39 positions.

The portfolio is concentrated: the top 10 names carry 60% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: CENTURI HOLDINGS INC, VIASAT INC, BROADCOM INC, INTEL CORP, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 3.7pp per quarter ahead of the S&P 500, beating the index in 6 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
-1.2%
Q2 2024
+7.0%
Q3 2024
+2.7%
Q4 2024
-3.7%
Q1 2025
+16.4%
Q2 2025
+22.9%
Q3 2025
-0.9%
Q4 2025
-4.9%
Q1 2026
+35.5%

Sector allocation

Technology
32%
Services media
20%
Utilities
17%
Communications
15%
Consumer discretionary
7%
Industrials
4%
Materials
2%
Financials
1%

Long book by quarter

$483.5M
Q1 2024
$926.7M
Q2 2024
$1.46B
Q3 2024
$1.09B
Q4 2024
$277.5M
Q1 2025
$232.3M
Q2 2025
$219.4M
Q3 2025
$123.0M
Q4 2025
$113.5M
Q1 2026

What does Paloma Partners own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CTRI CENTURI HOLDINGS INCUtilities619.7K$18.1M15.9%New
VSAT VIASAT INCCommunications273.6K$12.5M11.0%+62.8%
AVGO BROADCOM INCTechnology22.0K$6.8M6.0%-21.4%
INTC INTEL CORPTechnology150.0K$6.6M5.8%-36.2%
AMZN AMAZON.COM INCConsumer discretionary25.0K$5.2M4.6%+4.2%
TTWO TAKE-TWO INTERACTIVE SOFTWRETechnology22.0K$4.3M3.8%-4.3%
ANET ARISTA NETWORKS INCTechnology34.0K$4.2M3.7%New
RRR RED ROCK RESORTS INC-CLASS AServices media65.0K$3.5M3.1%-11.0%
WH WYNDHAM HOTELS & RESORTS INCServices media41.0K$3.3M2.9%+22.4%
OPTU OPTIMUM COMMUNICATIONS INC-ACommunications2.4M$3.1M2.7%+0.7%
PENN PENN ENTERTAINMENT INCServices media190.0K$2.9M2.5%New
META META PLATFORMS INC-CLASS ATechnology4.8K$2.7M2.4%-20.8%
IBM INTL BUSINESS MACHINES CORPTechnology10.0K$2.4M2.1%New
SMTC SEMTECH CORPTechnology31.5K$2.4M2.1%New
LRCX LAM RESEARCH CORPIndustrials11.0K$2.4M2.1%Held
MTN VAIL RESORTS INCServices media17.0K$2.2M1.9%-15.0%
BROS DUTCH BROS INC-CLASS AConsumer discretionary42.0K$2.1M1.9%+180.0%
ASML ASML HOLDING NV-NY REG SHSIndustrials1.5K$2.0M1.7%-25.0%
BYD BOYD GAMING CORPServices media23.0K$1.9M1.7%New
LTH LIFE TIME GROUP HOLDINGS INCServices media70.0K$1.9M1.7%New
LVS LAS VEGAS SANDS CORPServices media34.8K$1.9M1.7%-2.8%
ROG ROGERS CORPMaterials16.0K$1.7M1.5%New
CZR CAESARS ENTERTAINMENT INCServices media61.8K$1.6M1.4%New
TNL TRAVEL + LEISURE COServices media22.0K$1.5M1.3%+69.2%
AFRM AFFIRM HOLDINGS INCFinancials28.0K$1.3M1.1%-74.5%
STM STMICROELECTRONICS NV-NY SHSTechnology35.0K$1.2M1.1%-16.7%
GOOGL ALPHABET INC-CL ATechnology4.0K$1.2M1.0%New
ADI ANALOG DEVICES INCTechnology3.5K$1.1M1.0%New
HAS HASBRO INCOther10.0K$936K0.8%-84.1%
PRMB PRIMO BRANDS CORPConsumer staples45.0K$847K0.7%Held
IPGP IPG PHOTONICS CORPTechnology6.3K$716K0.6%New
ELWT ELAUWIT CONNECTION INCCommunications15.0K$89K0.1%-55.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202661$509.7M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202658$549.3M canonicalSEC ↗
Q3 202513F-HRNov 14, 202576$608.5M canonicalSEC ↗
Q2 202513F-HRAug 14, 202597$682.3M canonicalSEC ↗
Q1 202513F-HRMay 15, 2025122$808.7M canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025299$2.24B canonicalSEC ↗
Q3 202413F-HRNov 14, 20241231$3.61B canonicalSEC ↗
Q2 202413F-HRAug 14, 20241360$3.55B canonicalSEC ↗
Q1 202413F-HRMay 15, 20241058$1.89B canonicalSEC ↗