PDT Partners, LLC

Quant stat arb Low signal CIK 1564702
League rank
#82
in Quant stat arb · #2094 overall
Long book
$1.69B
Q1 2026
Positions
527
Top-10 weight
11%
concentration
Last quarter
+13.9%
SPY +14.8%
Turnover
31%
of book per quarter

Strategy in plain words

auto-generated from filings

PDT Partners, LLC is a quantitative fund whose holdings reflect models, not opinions, running a $1.69B US long book across 527 positions.

The portfolio is broadly diversified across 527 positions (top 10 only 11%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SUNCOR ENERGY INC, LOGITECH INTERNATIONAL-REG, PBF ENERGY INC-CLASS A, CME GROUP INC, MKS INC.

Over the last 9 quarters its long book ran on average 1.2pp 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
-2.7%
Q2 2024
+6.3%
Q3 2024
+5.5%
Q4 2024
-5.2%
Q1 2025
+15.0%
Q2 2025
+11.3%
Q3 2025
+3.5%
Q4 2025
+3.3%
Q1 2026
+13.9%

Sector allocation

Industrials
18%
Technology
16%
Financials
11%
Consumer discretionary
9%
Energy
9%
Healthcare
9%
Other
8%
Materials
8%

Long book by quarter

$1.06B
Q1 2024
$1.06B
Q2 2024
$1.13B
Q3 2024
$1.13B
Q4 2024
$1.41B
Q1 2025
$1.77B
Q2 2025
$1.59B
Q3 2025
$1.54B
Q4 2025
$1.69B
Q1 2026

What does PDT Partners, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
SU SUNCOR ENERGY INCEnergy344.6K$22.8M1.3%-11.9%
LTEC LOGITECH INTERNATIONAL-REG240.1K$21.8M1.3%-0.2%
PBF PBF ENERGY INC-CLASS AEnergy443.7K$21.1M1.3%Held
CME CME GROUP INCFinancials60.0K$17.7M1.0%Held
MKSI MKS INCTechnology76.8K$17.6M1.0%+662.7%
DELL DELL TECHNOLOGIES -CTechnology102.5K$16.8M1.0%+574.4%
TIGO MILLICOM INTL CELLULAR S.A.Communications216.2K$16.2M1.0%-4.3%
LVS LAS VEGAS SANDS CORPServices media296.3K$16.0M0.9%+75.0%
PARR PAR PACIFIC HOLDINGS INCEnergy243.5K$15.3M0.9%-11.5%
OLN OLIN CORPMaterials507.4K$15.1M0.9%New
NVDA NVIDIA CORPTechnology84.8K$14.8M0.9%New
ALB ALBEMARLE CORPMaterials80.6K$14.5M0.9%+11.6%
DK DELEK US HOLDINGS INCEnergy314.2K$14.2M0.8%+7.6%
CVE CENOVUS ENERGY INCEnergy531.0K$14.1M0.8%+2.3%
CNR CORE NATURAL RESOURCES INCMaterials131.5K$13.8M0.8%+137.4%
MIRM MIRUM PHARMACEUTICALS INCHealthcare145.4K$13.4M0.8%Held
HUM HUMANA INCFinancials76.5K$13.3M0.8%+705.8%
DAN DANA INCIndustrials386.7K$13.0M0.8%+1.6%
SPHR SPHERE ENTERTAINMENT COServices media110.8K$13.0M0.8%Held
TEL TE CONNECTIVITY PLCConsumer discretionary61.2K$12.8M0.8%+94.6%
GE GENERAL ELECTRICIndustrials44.4K$12.6M0.7%+448.1%
AMR ALPHA METALLURGICAL RESOURCEMaterials60.8K$12.5M0.7%-5.7%
CVI CVR ENERGY INCEnergy366.7K$12.3M0.7%+85.1%
DPZ DOMINO'S PIZZA INCConsumer discretionary34.4K$12.3M0.7%New
PAYC PAYCOM SOFTWARE INCTechnology100.2K$12.2M0.7%New
UBS UBS GROUP AG-REGFinancials305.3K$11.7M0.7%Held
VFC VF CORPOther683.5K$11.6M0.7%+147.5%
PR PERMIAN RESOURCES CORP-CL AEnergy539.6K$11.5M0.7%+55.3%
OSIS OSI SYSTEMS INCTechnology42.1K$11.2M0.7%Held
SIRI SIRIUS XM HOLDINGS INCCommunications475.2K$11.0M0.6%New
CM CAN IMPERIAL BK OF COMMERCEFinancials115.2K$10.9M0.6%Held
MOG/A MOOG INC-CLASS AIndustrials37.2K$10.9M0.6%Held
EXPE EXPEDIA GROUP INCIndustrials47.1K$10.9M0.6%-21.6%
LYB LYONDELLBASELL INDU-CL AOther132.4K$10.7M0.6%+30.8%
SOLS SOLSTICE ADV MATERIALS INCMaterials137.3K$10.5M0.6%New
ROIV ROIVANT SCIENCES LTDHealthcare376.5K$10.4M0.6%-19.0%
FIVE FIVE BELOWConsumer discretionary44.8K$10.2M0.6%-41.6%
FMC FMC CORPMaterials575.4K$9.9M0.6%-1.4%
TPR TAPESTRY INCOther70.1K$9.9M0.6%Held
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials675.0K$9.7M0.6%Held
CVX CHEVRON CORPEnergy46.2K$9.6M0.6%+17.9%
WSM WILLIAMS-SONOMA INCConsumer discretionary52.3K$9.5M0.6%+53.8%
CAKE CHEESECAKE FACTORY INC/THEConsumer discretionary172.8K$9.5M0.6%-32.3%
AVGO BROADCOM INCTechnology30.3K$9.4M0.6%New
IPAR INTERPARFUMS INCOther102.9K$9.3M0.6%+86.8%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology63.4K$9.3M0.5%Held
GD GENERAL DYNAMICS CORPIndustrials26.8K$9.2M0.5%+404.8%
GVA GRANITE CONSTRUCTION INCIndustrials75.7K$9.1M0.5%+17.6%
SVM SILVERCORP METALS INCMaterials844.6K$9.1M0.5%+26.8%
WLK WESTLAKE CORPOther75.8K$8.9M0.5%+16.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026527$1.69B canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026548$1.54B canonicalSEC ↗
Q3 202513F-HRNov 17, 2025571$1.59B canonicalSEC ↗
Q2 202513F-HRAug 14, 2025676$1.77B canonicalSEC ↗
Q1 202513F-HRMay 15, 2025726$1.41B canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025700$1.13B canonicalSEC ↗
Q3 202413F-HRNov 14, 2024710$1.13B canonicalSEC ↗
Q2 202413F-HRAug 15, 2024654$1.06B canonicalSEC ↗
Q1 202413F-HRMay 15, 2024615$1.06B canonicalSEC ↗