Petrus Trust Company, LTA
Long book
$915.1M
Q1 2026
Positions
27
Top-10 weight
69%
concentration
Last quarter
+13.0%
SPY +14.8%
Turnover
23%
of book per quarter
Strategy in plain words
auto-generated from filingsPetrus Trust Company, LTA is a quantitative fund whose holdings reflect models, not opinions, running a $915.1M US long book across 27 positions.
The portfolio is concentrated: the top 10 names carry 69% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, CORPAY INC, AMAZON.COM INC, MICROSOFT CORP, AON PLC-CLASS A.
Over the last 9 quarters its long book ran on average 3.4pp per quarter behind the S&P 500, beating the index in 3 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
-3.0%
Q2 2024
+7.6%
Q3 2024
+3.1%
Q4 2024
-3.3%
Q1 2025
+2.7%
Q2 2025
+2.1%
Q3 2025
-0.3%
Q4 2025
-12.3%
Q1 2026
+13.0%
Sector allocation
Services media 35%
Technology 22%
Consumer discretionary 18%
Financials 13%
Other 10%
Communications 2%
Long book by quarter
What does Petrus Trust own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| CPAY CORPAY INC | Services media | 212.0K | $61.7M | 6.7% | -10.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 291.6K | $60.7M | 6.6% | -5.2% |
| MSFT MICROSOFT CORP | Technology | 141.5K | $52.4M | 5.7% | -5.6% |
| AON AON PLC-CLASS A | Financials | 153.3K | $49.5M | 5.4% | +6.5% |
| MA MASTERCARD INC - A | Services media | 67.3K | $33.6M | 3.7% | Held |
| MSCI MSCI INC | Services media | 61.6K | $33.2M | 3.6% | +2.6% |
| AZO AUTOZONE INC | Consumer discretionary | 9.5K | $32.1M | 3.5% | +3.1% |
| CSGP COSTAR GROUP INC | Services media | 756.2K | $30.5M | 3.3% | +20.2% |
| GOOG ALPHABET INC-CL C | Technology | 95.3K | $27.3M | 3.0% | Held |
| KMB KIMBERLY-CLARK CORP | Other | 270.4K | $26.1M | 2.9% | +47.9% |
| FICO FAIR ISAAC CORP | Services media | 22.5K | $24.0M | 2.6% | +16.7% |
| PGR PROGRESSIVE CORP | Financials | 110.0K | $21.8M | 2.4% | Held |
| CRM SALESFORCE INC | Technology | 99.1K | $18.5M | 2.0% | -25.5% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 35.0K | $17.2M | 1.9% | New |
| V VISA INC-CLASS A SHARES | Services media | 52.1K | $15.7M | 1.7% | +31.6% |
| WBD WARNER BROS DISCOVERY INC | Communications | 455.0K | $12.5M | 1.4% | New |
| NVDA NVIDIA CORP | Technology | 64.0K | $11.2M | 1.2% | New |
| PACK RANPAK HOLDINGS CORP | Other | 3.0M | $10.6M | 1.2% | +3.5% |
| HSIC HENRY SCHEIN INC | Consumer discretionary | 135.0K | $9.9M | 1.1% | New |
| GOOGL ALPHABET INC-CL A | Technology | 28.3K | $8.1M | 0.9% | +19.5% |
| GDRX GOODRX HOLDINGS INC-CLASS A | Technology | 3.1M | $6.1M | 0.7% | Held |
| KLAR KLARNA GROUP PLC | Financials | 122.0K | $1.6M | 0.2% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 27 | $915.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 26 | $988.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 164 | $912.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 499 | $963.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 575 | $1.07B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 572 | $1.03B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 536 | $1.03B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 576 | $1.07B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 610 | $1.11B | canonical | SEC ↗ |
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