Slotnik Capital, LLC

Fundamental concentrated ★Signal CIK 1963764
Long book
$336.6M
Q1 2026
Positions
24
Top-10 weight
72%
concentration
Last quarter
-2.9%
SPY +14.8%
Turnover
79%
of book per quarter

Strategy in plain words

auto-generated from filings

Slotnik Capital, LLC is a concentrated fundamental stock-picker, running a $336.6M US long book across 24 positions.

The portfolio is concentrated: the top 10 names carry 72% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: CHART INDUSTRIES INC, MASIMO CORP, PENUMBRA INC, TERNS PHARMACEUTICALS INC, LIBERTY BROADBAND-A.

Over the last 9 quarters its long book ran on average 6.7pp 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
-2.9%
Q2 2024
+9.6%
Q3 2024
-12.7%
Q4 2024
+2.8%
Q1 2025
+8.4%
Q2 2025
-14.6%
Q3 2025
-6.3%
Q4 2025
-1.7%
Q1 2026
-2.9%

Sector allocation

Other
34%
Industrials
15%
Communications
15%
Healthcare
11%
Financials
6%
Technology
4%
Consumer staples
4%
Materials
4%

Long book by quarter

$154.8M
Q1 2024
$194.9M
Q2 2024
$284.3M
Q3 2024
$219.3M
Q4 2024
$202.1M
Q1 2025
$248.2M
Q2 2025
$277.4M
Q3 2025
$365.2M
Q4 2025
$336.6M
Q1 2026

What does Slotnik Capital, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GTLS CHART INDUSTRIES INCIndustrials221.8K$45.9M13.6%+111.7%
MASI* MASIMO CORP240.3K$42.7M12.7%New
PEN PENUMBRA INCHealthcare101.0K$33.2M9.9%New
430 TERNS PHARMACEUTICALS INC420.7K$22.2M6.6%New
LBRDA LIBERTY BROADBAND-ACommunications420.7K$21.1M6.3%+59.5%
WBS WEBSTER FINANCIAL CORPFinancials272.0K$18.9M5.6%New
WBD WARNER BROS DISCOVERY INCCommunications588.3K$16.2M4.8%-32.0%
KVUE KENVUE INCOther860.2K$14.8M4.4%+473.4%
SLAB SILICON LABORATORIES INCTechnology65.5K$13.6M4.1%New
ACLXGBX ARCELLX INC118.0K$13.5M4.0%New
ARIS ARIS MINING CORPMaterials700.1K$13.0M3.9%New
LBRDK LIBERTY BROADBAND-CCommunications257.8K$13.0M3.9%-28.5%
T86 TRI POINTE HOMES INC263.3K$12.3M3.7%New
WES WESTERN MIDSTREAM PARTNERS LUtilities262.6K$10.8M3.2%Held
AVO MISSION PRODUCE INCConsumer staples765.1K$10.5M3.1%New
UNF UNIFIRST CORP/MAServices media34.5K$8.7M2.6%New
APLSUSD APELLIS PHARMACEUTICALS INC135.0K$5.4M1.6%New
NSC NORFOLK SOUTHERN CORPIndustrials15.3K$4.4M1.3%-69.3%
DAWNGBX DAY ONE BIOPHARMACEUTICALS I166.8K$3.6M1.1%New
LWAY LIFEWAY FOODS INCConsumer staples157.5K$3.0M0.9%+22.5%
VAL VALARIS LTDEnergy25.0K$2.5M0.7%New
RNA ATRIUM THERAPEUTICS INCHealthcare180.9K$2.4M0.7%New
RKT ROCKET COS INC-CLASS AFinancials77.8K$1.1M0.3%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202627$341.9M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202632$429.4M canonicalSEC ↗
Q3 202513F-HRNov 13, 202527$320.0M canonicalSEC ↗
Q2 202513F-HRAug 14, 202521$262.5M canonicalSEC ↗
Q1 202513F-HRMay 13, 202523$207.2M canonicalSEC ↗
Q4 202413F-HRFeb 12, 202517$221.0M canonicalSEC ↗
Q3 202413F-HRNov 14, 202420$301.7M canonicalSEC ↗
Q2 202413F-HRAug 14, 202419$206.4M canonicalSEC ↗
Q1 202413F-HRMay 15, 202417$162.7M canonicalSEC ↗