Skaana Management L.P.

Fundamental diversified ★Signal CIK 1860998
Long book
$150.7M
Q1 2026
Positions
70
Top-10 weight
91%
concentration
Last quarter
+3.9%
SPY +14.8%
Turnover
40%
of book per quarter

Strategy in plain words

auto-generated from filings

Skaana Management L.P. is a diversified fundamental manager, running a $150.7M US long book across 70 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: CORE SCIENTIFIC INC - 27, CENTERPOINT ENERGY INC, OCCIDENTAL PETROLEUM-CW27, ALBEMARLE CORP, BANK OF AMERICA CORP.

Over the last 9 quarters its long book ran on average 0.4pp per quarter ahead of the S&P 500, beating the index in 5 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
+4.2%
Q2 2024
+15.2%
Q3 2024
+3.5%
Q4 2024
+7.6%
Q1 2025
+11.8%
Q2 2025
+6.7%
Q3 2025
-11.3%
Q4 2025
+1.9%
Q1 2026
+3.9%

Sector allocation

Other
24%
Materials
21%
Services media
17%
Technology
9%
Communications
8%
Financials
6%
Utilities
6%
Healthcare
5%

Long book by quarter

$132.5M
Q1 2024
$112.8M
Q2 2024
$183.9M
Q3 2024
$166.2M
Q4 2024
$106.9M
Q1 2025
$134.8M
Q2 2025
$152.1M
Q3 2025
$109.5M
Q4 2025
$150.7M
Q1 2026

What does Skaana Management own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ALB ALBEMARLE CORPMaterials157.6K$11.3M7.5%+718.2%
BAC 7.25 PERP L BANK OF AMERICA CORP8.8K$10.4M6.9%New
FOUR SHIFT4 PAYMENTS INCServices media173.2K$9.4M6.2%New
ASTS AST SPACEMOBILE INCCommunications55.7K$4.6M3.1%New
PCG PG&E CORPUtilities73.2K$3.1M2.1%New
KKR KKR & CO INCFinancials75.5K$3.0M2.0%+586.6%
BRKR BRUKER CORPHealthcare9.9K$2.8M1.9%New
HPE 7.625 09/01/27 HP ENTERPRISE CO26.4K$1.7M1.1%New
NOVT NOVANTA INCTechnology30.4K$1.6M1.1%+418.0%
BBAI BIGBEAR.AI HOLDINGS INCTechnology412.4K$1.5M1.0%+8.0%
EPR EPR PROPERTIESReal estate46.9K$1.4M0.9%+362.3%
ORCL ORACLE CORPTechnology28.4K$1.3M0.8%New
WHR 8.5 02/15/29 A WHIRLPOOL CORP22.8K$931K0.6%New
PCT PURECYCLE TECHNOLOGIES INCMaterials162.9K$845K0.6%New
EPR EPR PROPERTIESReal estate18.2K$422K0.3%-93.4%
PL PLANET LABS PBCTechnology14.4K$402K0.3%New
MARA MARA HOLDINGS INCFinancials41.8K$341K0.2%New
CIFR CIPHER DIGITAL INCFinancials25.0K$321K0.2%New
EOSE EOS ENERGY ENTERPRISES INCTechnology48.7K$242K0.2%+4.7%
BA 6 10/15/27 BOEING CO/THE3.5K$226K0.1%-88.1%
AKAM AKAMAI TECHNOLOGIES INCServices media1.9K$221K0.1%New
APO 6.75 07/31/26 APOLLO GLOBAL MANAGEMENT3.4K$195K0.1%-91.8%
VSEC VSE CORPServices media2.6K$127K0.1%New
GOSS GOSSAMER BIO INCHealthcare40.2K$13K0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 11, 2026158$295.7M canonicalSEC ↗
Q4 202513F-HRFeb 10, 2026183$309.0M canonicalSEC ↗
Q3 202513F-HRNov 12, 2025179$358.8M canonicalSEC ↗
Q2 202513F-HRAug 8, 2025167$330.2M canonicalSEC ↗
Q1 202513F-HRMay 14, 2025158$273.9M canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025179$389.3M canonicalSEC ↗
Q3 202413F-HRNov 14, 2024170$413.3M canonicalSEC ↗
Q2 202413F-HRJul 31, 2024170$326.2M canonicalSEC ↗
Q1 202413F-HRMay 14, 2024196$5.03B canonicalSEC ↗