Sicart Associates LLC
Long book
$389.3M
Q1 2026
Positions
74
Top-10 weight
49%
concentration
Last quarter
+6.3%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsSicart Associates LLC is an institutional manager, running a $389.3M US long book across 74 positions.
The portfolio is moderately concentrated (top 10 ≈ 49% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SS SPDR BB 1-3M T-BILL ETF, SPDR GOLD SHARES, GUARDANT HEALTH INC, TESLA INC, ALPHABET INC-CL A.
Over the last 9 quarters its long book ran on average 0.2pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. 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
Q1 2024
-1.0%
Q2 2024
+4.9%
Q3 2024
+1.6%
Q4 2024
+1.6%
Q1 2025
+8.9%
Q2 2025
+13.6%
Q3 2025
+6.3%
Q4 2025
+0.4%
Q1 2026
+6.3%
Sector allocation
Healthcare 21%
Technology 18%
Services media 12%
Industrials 11%
Materials 8%
Other 6%
Consumer staples 6%
Utilities 5%
Long book by quarter
What does Sicart Associates own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GH GUARDANT HEALTH INC | Healthcare | 230.1K | $21.3M | 5.5% | +0.8% |
| TSLA TESLA INC | Industrials | 44.4K | $16.5M | 4.2% | +1.3% |
| GOOGL ALPHABET INC-CL A | Technology | 52.9K | $15.2M | 3.9% | +0.2% |
| NFLX NETFLIX INC | Services media | 155.2K | $14.9M | 3.8% | +35.6% |
| TRGP TARGA RESOURCES CORP | Utilities | 53.1K | $13.3M | 3.4% | Held |
| IONS IONIS PHARMACEUTICALS INC | Healthcare | 159.4K | $12.0M | 3.1% | -2.5% |
| ABNB AIRBNB INC-CLASS A | Services media | 93.6K | $11.8M | 3.0% | Held |
| ILMN ILLUMINA INC | Healthcare | 82.8K | $10.2M | 2.6% | +0.7% |
| BG BUNGE GLOBAL SA | Consumer staples | 77.4K | $9.8M | 2.5% | Held |
| ADBE ADOBE INC | Technology | 40.3K | $9.8M | 2.5% | +93.7% |
| SLB SLB LTD | Energy | 185.6K | $9.5M | 2.4% | Held |
| WFC WELLS FARGO & CO | Financials | 110.7K | $8.8M | 2.3% | -1.1% |
| ALB ALBEMARLE CORP | Materials | 47.2K | $8.5M | 2.2% | +0.6% |
| META META PLATFORMS INC-CLASS A | Technology | 14.6K | $8.3M | 2.1% | Held |
| SYY SYSCO CORP | Consumer discretionary | 114.7K | $8.2M | 2.1% | +3.8% |
| FDX FEDEX CORP | Industrials | 19.5K | $6.9M | 1.8% | -1.6% |
| MP MP MATERIALS CORP | Materials | 135.1K | $6.5M | 1.7% | +0.3% |
| FSM FORTUNA MINING CORP | Materials | 648.7K | $6.4M | 1.7% | Held |
| XYZ BLOCK INC | Technology | 105.0K | $6.3M | 1.6% | +6.1% |
| MDT MEDTRONIC PLC | Healthcare | 72.6K | $6.3M | 1.6% | Held |
| NTR NUTRIEN LTD | Other | 80.7K | $6.1M | 1.6% | Held |
| REGN REGENERON PHARMACEUTICALS | Healthcare | 7.0K | $5.4M | 1.4% | Held |
| GLW CORNING INC | Industrials | 38.8K | $5.3M | 1.4% | Held |
| DIS WALT DISNEY CO/THE | Services media | 51.0K | $4.9M | 1.3% | -1.5% |
| MOS MOSAIC CO/THE | Other | 183.4K | $4.7M | 1.2% | +96.3% |
| MSFT MICROSOFT CORP | Technology | 11.4K | $4.2M | 1.1% | +920.5% |
| AAPL APPLE INC | Technology | 16.3K | $4.1M | 1.1% | -0.4% |
| KO COCA-COLA CO/THE | Consumer staples | 46.6K | $3.5M | 0.9% | Held |
| T AT&T INC | Communications | 114.9K | $3.3M | 0.9% | Held |
| NKE NIKE INC -CL B | Other | 47.8K | $2.5M | 0.6% | Held |
| KHC KRAFT HEINZ CO/THE | Consumer staples | 109.6K | $2.5M | 0.6% | -24.8% |
| LULU LULULEMON ATHLETICA INC | Other | 12.2K | $1.9M | 0.5% | -0.1% |
| SBUX STARBUCKS CORP | Consumer discretionary | 19.8K | $1.8M | 0.5% | Held |
| CGON CG ONCOLOGY INC | Healthcare | 25.0K | $1.7M | 0.4% | Held |
| CLX CLOROX COMPANY | Other | 14.4K | $1.5M | 0.4% | -5.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 3.0K | $1.4M | 0.4% | +7.1% |
| LOW LOWE'S COS INC | Consumer discretionary | 4.7K | $1.1M | 0.3% | Held |
| MCD MCDONALD'S CORP | Consumer discretionary | 2.6K | $824K | 0.2% | -15.9% |
| WMT WALMART INC | Consumer discretionary | 5.6K | $693K | 0.2% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 4.3K | $623K | 0.2% | Held |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 5.0K | $593K | 0.2% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.8K | $580K | 0.1% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.3K | $552K | 0.1% | Held |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 1.7K | $386K | 0.1% | Held |
| CPB THE CAMPBELL'S COMPANY | Consumer staples | 15.6K | $348K | 0.1% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 1.2K | $345K | 0.1% | Held |
| CB CHUBB LTD | Financials | 1.1K | $342K | 0.1% | Held |
| KGC KINROSS GOLD CORP | Materials | 10.0K | $305K | 0.1% | Held |
| GOOG ALPHABET INC-CL C | Technology | 1.0K | $298K | 0.1% | Held |
| RTX RTX CORP | Industrials | 1.5K | $295K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 21, 2026 | 74 | $389.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 14, 2026 | 76 | $376.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 7, 2025 | 73 | $369.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 18, 2025 | 72 | $285.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 25, 2025 | 66 | $289.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 69 | $279.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 25, 2024 | 73 | $284.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 5, 2024 | 72 | $260.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 3, 2024 | 76 | $273.0M | canonical | SEC ↗ |
Similar funds
MASSACHUSETTS FINANCIAL SERVICES CO /MA/JENNISON ASSOCIATES LLCNational Pension ServiceFIL LtdClearbridge Investments, LLCDZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am MainNORDEA INVESTMENT MANAGEMENT ABBoston PartnersSwedbank AB1832 Asset Management L.P. HARRIS ASSOCIATES L PLOOMIS SAYLES & CO L P