SCALAR GAUGE MANAGEMENT, LLC

Fundamental concentrated ★Signal technology specialist (62%) CIK 1965542
League rank
#140
in Fundamental concentrated · #218 overall
Long book
$103.7M
Q1 2026
Positions
25
Top-10 weight
69%
concentration
Last quarter
+28.9%
SPY +14.8%
Turnover
77%
of book per quarter

Strategy in plain words

auto-generated from filings

SCALAR GAUGE MANAGEMENT, LLC is a concentrated fundamental stock-picker, specialised in technology (62% of the long book), running a $103.7M US long book across 25 positions.

The portfolio is concentrated: the top 10 names carry 69% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: FABRINET, CELESTICA INC, LEGENCE CORP-CL A, COMFORT SYSTEMS USA INC, ONTO INNOVATION INC.

Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 3 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
+5.3%
Q2 2024
+2.0%
Q3 2024
+13.0%
Q4 2024
-17.7%
Q1 2025
+6.9%
Q2 2025
+5.4%
Q3 2025
+1.5%
Q4 2025
-7.9%
Q1 2026
+28.9%

Sector allocation

Technology
61%
Industrials
22%
Other
14%
Services media
3%

Long book by quarter

$129.9M
Q1 2024
$171.9M
Q2 2024
$188.4M
Q3 2024
$216.6M
Q4 2024
$163.4M
Q1 2025
$174.9M
Q2 2025
$196.1M
Q3 2025
$150.8M
Q4 2025
$103.7M
Q1 2026

What does SCALAR GAUGE own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
FN FABRINETTechnology25.0K$13.0M12.6%+35.1%
CLS CELESTICA INCTechnology32.0K$9.0M8.7%-11.1%
LGN LEGENCE CORP-CL AIndustrials150.0K$8.5M8.2%New
FIX COMFORT SYSTEMS USA INCIndustrials6.1K$8.4M8.1%New
ONTO ONTO INNOVATION INCOther36.0K$7.4M7.1%New
VRT VERTIV HOLDINGS CO-ATechnology24.0K$6.0M5.8%New
BL BLACKLINE INCTechnology153.1K$5.7M5.5%-71.0%
AAOI APPLIED OPTOELECTRONICS INCTechnology59.3K$5.0M4.8%-56.7%
CGNT COGNYTE SOFTWARE LTDTechnology549.0K$4.4M4.3%-39.3%
TER TERADYNE INCTechnology14.0K$4.2M4.0%New
CAMT CAMTEK LTDOther23.5K$3.6M3.4%New
TTMI TTM TECHNOLOGIESTechnology34.0K$3.3M3.2%-22.7%
NFLX NETFLIX INCServices media33.0K$3.2M3.1%-31.3%
COHR COHERENT CORPOther13.0K$3.1M3.0%New
SMTC SEMTECH CORPTechnology40.0K$3.1M3.0%New
HWM HOWMET AEROSPACE INCIndustrials13.0K$3.0M2.9%New
BE BLOOM ENERGY CORP- AIndustrials15.0K$2.0M2.0%New
AVPT AVEPOINT INCTechnology190.0K$1.8M1.7%New
POWI POWER INTEGRATIONS INCTechnology35.0K$1.8M1.7%New
BRZE BRAZE INC-ATechnology30.0K$708K0.7%-75.8%
CCC CCC INTELLIGENT SOLUTIONS HOTechnology110.0K$660K0.6%New
VERX VERTEX INC - CLASS ATechnology55.0K$654K0.6%New
WEAV WEAVE COMMUNICATIONS INCTechnology104.2K$481K0.5%-43.4%
OSPN ONESPAN INCTechnology31.6K$333K0.3%-24.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202626$103.7M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202632$151.6M canonicalSEC ↗
Q3 202513F-HROct 31, 202532$196.5M canonicalSEC ↗
Q2 202513F-HRAug 12, 202530$175.5M canonicalSEC ↗
Q1 202513F-HRMay 14, 202528$164.0M canonicalSEC ↗
Q4 202413F-HRFeb 12, 202528$216.6M canonicalSEC ↗
Q3 202413F-HRNov 14, 202425$188.4M canonicalSEC ↗
Q2 202413F-HRAug 14, 202430$171.9M canonicalSEC ↗
Q1 202413F-HRMay 15, 202426$129.9M canonicalSEC ↗