Share Andrew L.

Fundamental concentrated ★Highest signal energy specialist (89%) CIK 1693672
League rank
#1007
in Fundamental concentrated · #7438 overall
Long book
$214.3M
Q1 2026
Positions
16
Top-10 weight
99%
concentration
Last quarter
-9.6%
SPY +14.8%
Turnover
11%
of book per quarter

Strategy in plain words

auto-generated from filings

Share Andrew L. is a concentrated fundamental stock-picker, specialised in energy (89% of the long book), running a $214.3M US long book across 16 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: EQT CORP, UBS SELECT GOVERNMENT INS, NET POWER INC, COMSTOCK RESOURCES INC, RICE ACQUISITION CORP II-CW.

Over the last 9 quarters its long book ran on average 6.9pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-7.9%
Q2 2024
-16.1%
Q3 2024
+38.2%
Q4 2024
-31.9%
Q1 2025
+7.0%
Q2 2025
-1.8%
Q3 2025
-5.7%
Q4 2025
+6.2%
Q1 2026
-9.6%

Sector allocation

Energy
89%
Industrials
11%
Technology
0%

Long book by quarter

$205.5M
Q1 2024
$186.4M
Q2 2024
$152.5M
Q3 2024
$220.4M
Q4 2024
$137.1M
Q1 2025
$144.2M
Q2 2025
$144.6M
Q3 2025
$198.0M
Q4 2025
$214.3M
Q1 2026

What does Share Andrew own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
EQT EQT CORPEnergy1.9M$121.6M56.7%Held
NPWR NET POWER INCIndustrials9.8M$15.2M7.1%Held
CRK COMSTOCK RESOURCES INCEnergy130.0K$2.7M1.3%Held
MSFT MICROSOFT CORPTechnology575$213K0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 28, 202616$214.3M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202618$198.0M canonicalSEC ↗
Q3 202513F-HRNov 5, 202516$144.6M canonicalSEC ↗
Q2 202513F-HRAug 8, 202513$144.2M canonicalSEC ↗
Q1 202513F-HRApr 17, 202513$137.1M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202512$220.4M canonicalSEC ↗
Q3 202413F-HRNov 8, 202414$152.5M canonicalSEC ↗
Q2 202413F-HRJul 30, 202412$186.4M canonicalSEC ↗
Q1 202413F-HRMay 10, 202413$205.5M canonicalSEC ↗