Rokos Capital Management LLP
Long book
$5.61B
Q1 2026
Positions
126
Top-10 weight
46%
concentration
Last quarter
+18.6%
SPY +14.8%
Turnover
72%
of book per quarter
Strategy in plain words
auto-generated from filingsRokos Capital Management LLP is a diversified fundamental manager, running a $5.61B US long book across 126 positions.
The portfolio is moderately concentrated (top 10 ≈ 46% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ALPHABET INC-CL A, APPLE INC, NVIDIA CORP, META PLATFORMS INC-CLASS A, SS HEALTH CARE SELECT SECTOR.
Over the last 9 quarters its long book ran on average 2.9pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.6%
Q2 2024
+3.2%
Q3 2024
+8.0%
Q4 2024
-10.8%
Q1 2025
+24.8%
Q2 2025
+12.2%
Q3 2025
+9.0%
Q4 2025
-1.1%
Q1 2026
+18.6%
Sector allocation
Technology 54%
Industrials 18%
Energy 7%
Financials 4%
Communications 4%
Other 4%
Utilities 3%
Services media 2%
Long book by quarter
What does Rokos Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 3.3M | $941.2M | 16.8% | -20.2% |
| AAPL APPLE INC | Technology | 1.5M | $383.9M | 6.8% | +135.1% |
| NVDA NVIDIA CORP | Technology | 1.9M | $323.9M | 5.8% | +73.9% |
| META META PLATFORMS INC-CLASS A | Technology | 309.3K | $177.0M | 3.2% | +48.3% |
| C CITIGROUP INC | Financials | 1.1M | $119.7M | 2.1% | -0.1% |
| ECHO ECHOSTAR CORP-A | Communications | 956.5K | $112.0M | 2.0% | +175.6% |
| EQT EQT CORP | Energy | 1.7M | $110.7M | 2.0% | Held |
| RTX RTX CORP | Industrials | 556.2K | $107.3M | 1.9% | New |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 267.1K | $104.3M | 1.9% | +23.3% |
| EXE EXPAND ENERGY CORP | Energy | 862.6K | $94.7M | 1.7% | Held |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 415.0K | $93.8M | 1.7% | New |
| LITE LUMENTUM HOLDINGS INC | Technology | 115.6K | $81.2M | 1.4% | -42.4% |
| AVGO BROADCOM INC | Technology | 236.7K | $73.3M | 1.3% | -79.2% |
| MU MICRON TECHNOLOGY INC | Technology | 193.2K | $65.3M | 1.2% | -66.1% |
| GEV GE VERNOVA INC | Industrials | 74.2K | $64.7M | 1.2% | -18.7% |
| GLNG GOLAR LNG LTD | Industrials | 1.2M | $63.3M | 1.1% | New |
| LMT LOCKHEED MARTIN CORP | Industrials | 103.3K | $62.4M | 1.1% | New |
| LHX L3HARRIS TECHNOLOGIES INC | Technology | 172.7K | $59.6M | 1.1% | New |
| COHR COHERENT CORP | Other | 246.0K | $58.6M | 1.0% | -33.2% |
| LRCX LAM RESEARCH CORP | Industrials | 259.9K | $55.5M | 1.0% | +231.2% |
| WDC WESTERN DIGITAL CORP | Technology | 198.5K | $53.7M | 1.0% | New |
| GLW CORNING INC | Industrials | 393.0K | $53.4M | 1.0% | -6.4% |
| PCG P G & E CORP | Utilities | 3.0M | $53.4M | 1.0% | -39.3% |
| GS GOLDMAN SACHS GROUP INC | Financials | 59.4K | $50.2M | 0.9% | -40.2% |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 125.5K | $49.1M | 0.9% | -55.2% |
| NTRA NATERA INC | Healthcare | 242.9K | $48.6M | 0.9% | Held |
| AMAT APPLIED MATERIALS INC | Technology | 135.1K | $46.2M | 0.8% | -61.9% |
| VLO VALERO ENERGY CORP | Energy | 186.6K | $46.1M | 0.8% | New |
| V VISA INC-CLASS A SHARES | Services media | 151.7K | $45.9M | 0.8% | New |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 350.0K | $45.8M | 0.8% | New |
| VST VISTRA CORP | Utilities | 297.4K | $44.7M | 0.8% | -32.7% |
| MA MASTERCARD INC - A | Services media | 88.6K | $44.3M | 0.8% | New |
| SPOT SPOTIFY TECHNOLOGY SA | Communications | 90.4K | $43.9M | 0.8% | +106.1% |
| RAL RALLIANT CORP | Technology | 1.0M | $42.0M | 0.7% | New |
| TSEM TOWER SEMICONDUCTOR LTD | Technology | 237.6K | $41.7M | 0.7% | +16.3% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 136.4K | $39.2M | 0.7% | +44.4% |
| MS MORGAN STANLEY | Financials | 236.7K | $39.0M | 0.7% | -62.1% |
| DAL DELTA AIR LINES INC | Industrials | 565.0K | $37.6M | 0.7% | New |
| SNDK SANDISK CORP | Technology | 57.1K | $36.3M | 0.6% | -28.1% |
| SLB SLB LTD | Energy | 688.6K | $35.4M | 0.6% | New |
| KRMN KARMAN HOLDINGS INC | Industrials | 440.5K | $35.3M | 0.6% | New |
| HAL HALLIBURTON CO | Energy | 890.9K | $34.7M | 0.6% | New |
| BKR BAKER HUGHES CO | Industrials | 545.6K | $33.3M | 0.6% | New |
| FN FABRINET | Technology | 60.9K | $31.8M | 0.6% | New |
| JBL JABIL INC | Technology | 117.6K | $31.2M | 0.6% | New |
| TER TERADYNE INC | Technology | 103.0K | $30.5M | 0.5% | +158.1% |
| TAC TRANSALTA CORP | Utilities | 2.3M | $30.1M | 0.5% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 207.1K | $29.9M | 0.5% | New |
| MP MP MATERIALS CORP | Materials | 550.2K | $26.6M | 0.5% | Held |
| TSLA TESLA INC | Industrials | 71.1K | $26.4M | 0.5% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 221 | $13.23B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 234 | $25.66B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 253 | $23.27B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 353 | $22.99B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 180 | $9.67B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 138 | $10.01B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 92 | $6.16B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 124 | $15.97B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR/ARESTATEMENT | May 17, 2024 | 114 | $18.99B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 114 | $18.99B | SEC ↗ |
Similar funds
DIAMANT ASSET MANAGEMENT, INC. LILLY ENDOWMENT INCBROOKFIELD Corp /ON/GQG Partners LLCMITSUBISHI UFJ FINANCIAL GROUP INCNewport Trust Company, LLCVIKING GLOBAL INVESTORS LPPARNASSUS INVESTMENTS, LLC MASTERCARD FOUNDATION ASSET MANAGEMENT CORPPZENA INVESTMENT MANAGEMENT LLCCOATUE MANAGEMENT LLCWinslow Capital Management, LLC