Schusterman Interests, LLC

Wealth advisor Mechanical industrials specialist (91%) CIK 1857024
League rank
#1
in Wealth advisor · #9 overall
Long book
$391.3M
Q1 2026
Positions
9
Top-10 weight
100%
concentration
Last quarter
-2.7%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Schusterman Interests, LLC is a wealth-management firm allocating client money, specialised in industrials (91% of the long book), running a $391.3M US long book across 9 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: KARMAN HOLDINGS INC, INVESCO S&P 500 EQUAL WEIGHT, SS SPDR S&P 500 ETF TRUST-US, RANPAK HOLDINGS CORP, HEARTFLOW INC.

Over the last 9 quarters its long book ran on average 1pp per quarter ahead of the S&P 500, beating the index in 4 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
+19.3%
Q2 2024
+18.7%
Q3 2024
+2.5%
Q4 2024
-4.5%
Q1 2025
+10.1%
Q2 2025
+7.2%
Q3 2025
-0.8%
Q4 2025
-0.9%
Q1 2026
-2.7%

Sector allocation

Industrials
91%
Other
6%
Healthcare
3%

Long book by quarter

$128.7M
Q1 2024
$76.6M
Q2 2024
$41.0M
Q3 2024
$41.9M
Q4 2024
$39.9M
Q1 2025
$65.6M
Q2 2025
$437.6M
Q3 2025
$436.9M
Q4 2025
$391.3M
Q1 2026

What does Schusterman Interests, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
KRMN KARMAN HOLDINGS INCIndustrials2.1M$164.1M41.9%Held
PACK RANPAK HOLDINGS CORPOther3.0M$10.8M2.8%Held
HTFL HEARTFLOW INCHealthcare259.7K$6.3M1.6%-86.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20269$391.3M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20269$436.9M canonicalSEC ↗
Q3 202513F-HRNov 14, 20256$437.6M canonicalSEC ↗
Q2 202513F-HRAug 14, 20254$65.6M canonicalSEC ↗
Q1 202513F-HRMay 15, 20253$39.9M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20253$41.9M canonicalSEC ↗
Q3 202413F-HRNov 14, 20243$41.0M canonicalSEC ↗
Q2 202413F-HRAug 14, 20249$76.6M canonicalSEC ↗
Q1 202413F-HRMay 15, 202412$128.7M canonicalSEC ↗