Reflection Asset Management
Long book
$163.5M
Q1 2026
Positions
127
Top-10 weight
40%
concentration
Last quarter
+18.6%
SPY +18.6%
Turnover
76%
of book per quarter
Strategy in plain words
auto-generated from filingsReflection Asset Management is an institutional manager, running a $163.5M US long book across 127 positions.
The portfolio is moderately concentrated (top 10 ≈ 40% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: APPLE INC, NVIDIA CORP, MICROSOFT CORP, ALPHABET INC-CL C, INVESCO QQQ TRUST SERIES 1.
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
-5.3%
Q1 2026
+18.6%
Sector allocation
Technology 56%
Consumer discretionary 10%
Financials 8%
Industrials 7%
Services media 6%
Other 6%
Healthcare 5%
Consumer staples 1%
Long book by quarter
What does Reflection Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 54.0K | $14.2M | 8.7% | +95.8% |
| NVDA NVIDIA CORP | Technology | 65.6K | $11.9M | 7.3% | +53.5% |
| MSFT MICROSOFT CORP | Technology | 19.7K | $7.4M | 4.5% | +35.5% |
| GOOG ALPHABET INC-CL C | Technology | 18.0K | $6.1M | 3.7% | +130.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 22.3K | $5.2M | 3.2% | +80.7% |
| META META PLATFORMS INC-CLASS A | Technology | 6.3K | $3.6M | 2.2% | -1.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 3.2K | $3.2M | 2.0% | +34.9% |
| GOOGL ALPHABET INC-CL A | Technology | 10.5K | $3.1M | 1.9% | +11.5% |
| LRCX LAM RESEARCH CORP | Industrials | 12.5K | $2.7M | 1.6% | -12.3% |
| KLAC KLA CORP | Other | 1.8K | $2.6M | 1.6% | +4.0% |
| L LOEWS CORP | Financials | 23.5K | $2.5M | 1.5% | +33.5% |
| AMAT APPLIED MATERIALS INC | Technology | 6.2K | $2.4M | 1.4% | +483.9% |
| DELL DELL TECHNOLOGIES -C | Technology | 11.4K | $2.4M | 1.4% | +2006.5% |
| APH AMPHENOL CORP-CL A | Technology | 18.6K | $2.4M | 1.4% | +27.8% |
| NDSN NORDSON CORP | Industrials | 8.2K | $2.2M | 1.3% | +35.3% |
| C CITIGROUP INC | Financials | 17.0K | $2.1M | 1.3% | +607.0% |
| XYL XYLEM INC | Industrials | 16.3K | $2.0M | 1.2% | +38.5% |
| AVGO BROADCOM INC | Technology | 6.0K | $1.9M | 1.1% | +8.5% |
| AVY AVERY DENNISON CORP | Other | 10.0K | $1.7M | 1.1% | +74.3% |
| MU MICRON TECHNOLOGY INC | Technology | 3.4K | $1.6M | 1.0% | +152.6% |
| AMD ADVANCED MICRO DEVICES | Technology | 7.8K | $1.6M | 1.0% | +0.3% |
| DIS WALT DISNEY CO/THE | Services media | 15.5K | $1.5M | 0.9% | -11.5% |
| TSLA TESLA INC | Industrials | 3.9K | $1.4M | 0.9% | +19.0% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 6.7K | $1.4M | 0.8% | +10.0% |
| LLY ELI LILLY & CO | Healthcare | 1.5K | $1.4M | 0.8% | +42.6% |
| SYK STRYKER CORP | Healthcare | 4.1K | $1.4M | 0.8% | +7.2% |
| DHR DANAHER CORP | Technology | 6.7K | $1.3M | 0.8% | +10.9% |
| JPM JPMORGAN CHASE & CO | Financials | 4.3K | $1.3M | 0.8% | +30.4% |
| EG EVEREST GROUP LTD | Financials | 3.9K | $1.3M | 0.8% | +8.5% |
| NFLX NETFLIX INC | Services media | 12.5K | $1.2M | 0.7% | +4.0% |
| ANET ARISTA NETWORKS INC | Technology | 9.4K | $1.2M | 0.7% | -3.7% |
| VLTO VERALTO CORP | Technology | 12.4K | $1.1M | 0.7% | +84.1% |
| OMC OMNICOM GROUP | Services media | 14.4K | $1.1M | 0.7% | +75.0% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 4.5K | $1.1M | 0.7% | -3.4% |
| ROST ROSS STORES INC | Consumer discretionary | 5.0K | $1.1M | 0.7% | -18.5% |
| QCOM QUALCOMM INC | Technology | 6.7K | $1.1M | 0.6% | +313.9% |
| CRM SALESFORCE INC | Technology | 5.5K | $1.0M | 0.6% | +5.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 3.9K | $962K | 0.6% | +4.3% |
| MCO MOODY'S CORP | Services media | 2.1K | $936K | 0.6% | -37.6% |
| KMB KIMBERLY-CLARK CORP | Other | 9.0K | $866K | 0.5% | +208.3% |
| PAYX PAYCHEX INC | Services media | 9.4K | $866K | 0.5% | -1.3% |
| RL RALPH LAUREN CORP | Other | 2.4K | $830K | 0.5% | -15.7% |
| V VISA INC-CLASS A SHARES | Services media | 2.5K | $752K | 0.5% | +20.5% |
| EA ELECTRONIC ARTS INC | Technology | 3.6K | $727K | 0.4% | +136.3% |
| TPR TAPESTRY INC | Other | 5.1K | $719K | 0.4% | -6.4% |
| BURL BURLINGTON STORES INC | Consumer discretionary | 2.3K | $712K | 0.4% | +1874.4% |
| MA MASTERCARD INC - A | Services media | 1.3K | $650K | 0.4% | +27.4% |
| SNPS SYNOPSYS INC | Technology | 1.6K | $625K | 0.4% | -8.7% |
| A AGILENT TECHNOLOGIES INC | Healthcare | 5.4K | $618K | 0.4% | +31.7% |
| NOW SERVICENOW INC | Technology | 5.7K | $592K | 0.4% | -31.9% |
13F filing history
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