PRELUDE CAPITAL MANAGEMENT, LLC
Long book
$1.30B
Q1 2026
Positions
1166
Top-10 weight
12%
concentration
Last quarter
+15.4%
SPY +14.8%
Turnover
55%
of book per quarter
Strategy in plain words
auto-generated from filingsPRELUDE CAPITAL MANAGEMENT, LLC is a mechanically diversified allocator, running a $1.30B US long book across 1166 positions.
The portfolio is broadly diversified across 1166 positions (top 10 only 12%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SPDR GOLD SHARES, BRIGHTHOUSE FINANCIAL INC, NVIDIA CORP, PENUMBRA INC, MICRON TECHNOLOGY INC.
Over the last 9 quarters its long book ran on average 0.9pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
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
+7.2%
Q3 2024
+3.4%
Q4 2024
-7.0%
Q1 2025
+14.8%
Q2 2025
+12.9%
Q3 2025
+4.7%
Q4 2025
-0.5%
Q1 2026
+15.4%
Sector allocation
Technology 22%
Other 16%
Industrials 12%
Healthcare 11%
Financials 8%
Services media 8%
Consumer discretionary 6%
Communications 5%
Long book by quarter
What does PRELUDE CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BHF BRIGHTHOUSE FINANCIAL INC | Financials | 305.5K | $18.3M | 1.4% | -3.1% |
| NVDA NVIDIA CORP | Technology | 96.1K | $16.8M | 1.3% | -23.9% |
| PEN PENUMBRA INC | Healthcare | 48.0K | $15.7M | 1.2% | +1656.1% |
| MU MICRON TECHNOLOGY INC | Technology | 45.8K | $15.5M | 1.2% | +52.8% |
| META META PLATFORMS INC-CLASS A | Technology | 26.8K | $15.3M | 1.2% | +374.5% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 51.1K | $14.7M | 1.1% | +4.7% |
| WBD WARNER BROS DISCOVERY INC | Communications | 528.0K | $14.5M | 1.1% | +48.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 66.0K | $13.8M | 1.1% | +120.3% |
| GTLS CHART INDUSTRIES INC | Industrials | 58.0K | $12.0M | 0.9% | +94.0% |
| TXNM TXNM ENERGY INC | Utilities | 201.0K | $11.7M | 0.9% | -15.4% |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 29.2K | $11.4M | 0.9% | +1.2% |
| ACLXGBX ARCELLX INC | — | 98.8K | $11.3M | 0.9% | New |
| VSNT VERSANT MEDIA GROUP INC | Communications | 278.1K | $10.3M | 0.8% | New |
| CNR CORE NATURAL RESOURCES INC | Materials | 98.2K | $10.3M | 0.8% | +2.7% |
| HO1 HOLOGIC INC | — | 126.5K | $9.6M | 0.7% | +9.2% |
| APPN APPIAN CORP-A | Technology | 390.3K | $9.4M | 0.7% | New |
| FLR FLUOR CORP | Industrials | 199.0K | $9.3M | 0.7% | -7.4% |
| AM6 AMICUS THERAPEUTICS INC | — | 639.9K | $9.3M | 0.7% | +83.1% |
| GTM ZOOMINFO TECHNOLOGIES INC | Technology | 1.5M | $8.9M | 0.7% | +2.9% |
| GOOG ALPHABET INC-CL C | Technology | 27.9K | $8.0M | 0.6% | -53.5% |
| WBS WEBSTER FINANCIAL CORP | Financials | 114.3K | $7.9M | 0.6% | New |
| AAUC ALLIED GOLD CORP | — | 252.5K | $7.8M | 0.6% | New |
| EA ELECTRONIC ARTS INC | Technology | 36.5K | $7.4M | 0.6% | -63.9% |
| WDAY WORKDAY INC-CLASS A | Technology | 56.0K | $7.3M | 0.6% | +771.2% |
| COHR COHERENT CORP | Other | 28.8K | $6.9M | 0.5% | +643.6% |
| GLW CORNING INC | Industrials | 46.9K | $6.4M | 0.5% | +186.6% |
| SDA SEALED AIR CORP | Services media | 146.5K | $6.2M | 0.5% | +250.9% |
| MNDY MONDAY.COM LTD | Technology | 86.3K | $6.0M | 0.5% | +5932.0% |
| PCG P G & E CORP | Utilities | 336.7K | $5.9M | 0.5% | +5.8% |
| ACHC ACADIA HEALTHCARE CO INC | Healthcare | 242.0K | $5.7M | 0.4% | +55.6% |
| KVUE KENVUE INC | Other | 326.8K | $5.6M | 0.4% | -9.4% |
| VSXY VICTORIA'S SECRET & CO | Consumer discretionary | 121.1K | $5.6M | 0.4% | +94.1% |
| VAL VALARIS LTD | Energy | 57.0K | $5.6M | 0.4% | New |
| AL AIR LEASE CORP | — | 84.2K | $5.5M | 0.4% | +60.6% |
| DBRG DIGITALBRIDGE GROUP INC | Financials | 347.4K | $5.4M | 0.4% | +498.4% |
| AES AES CORP | Utilities | 378.0K | $5.3M | 0.4% | +72.5% |
| MSFT MICROSOFT CORP | Technology | 14.3K | $5.3M | 0.4% | +75.9% |
| T86 TRI POINTE HOMES INC | — | 112.3K | $5.2M | 0.4% | New |
| IHS IHS HOLDING LTD | Communications | 632.3K | $5.2M | 0.4% | New |
| CNC CENTENE CORP | Financials | 158.8K | $5.2M | 0.4% | +33.8% |
| NATL NCR ATLEOS CORP | Technology | 118.9K | $5.2M | 0.4% | +50.8% |
| TGT TARGET CORP | Consumer discretionary | 42.1K | $5.1M | 0.4% | +7.1% |
| AXTI AXT INC | Technology | 87.1K | $5.0M | 0.4% | New |
| TPB TURNING POINT BRANDS INC | Consumer staples | 56.8K | $4.9M | 0.4% | +13.1% |
| PGEN PRECIGEN INC | Healthcare | 1.3M | $4.9M | 0.4% | +95.4% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 49.1K | $4.8M | 0.4% | +69.8% |
| TALK TALKSPACE INC | Healthcare | 924.7K | $4.8M | 0.4% | New |
| CROX CROCS INC | Other | 56.7K | $4.7M | 0.4% | New |
| ETON ETON PHARMACEUTICALS INC | Healthcare | 188.8K | $4.7M | 0.4% | +316.6% |
| CPRI CAPRI HOLDINGS LTD | Other | 260.8K | $4.6M | 0.4% | +47.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 1176 | $1.31B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 1260 | $1.36B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 1119 | $1.28B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 975 | $1.03B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 1143 | $1.32B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 1179 | $1.60B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR/ARESTATEMENT | Nov 14, 2024 | 1241 | $1.65B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 1241 | $2.67B | SEC ↗ | |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 1182 | $1.44B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 1282 | $1.91B | canonical | SEC ↗ |
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