Spear Advisors LLC

Fundamental concentrated ★Signal CIK 2119894
League rank
#70
in Fundamental concentrated · #84 overall
Long book
$134.3M
Q1 2026
Positions
26
Top-10 weight
64%
concentration
Last quarter
+39.8%
SPY +14.8%
Turnover
43%
of book per quarter

Strategy in plain words

auto-generated from filings

Spear Advisors LLC is a concentrated fundamental stock-picker, running a $134.3M US long book across 26 positions.

The portfolio is concentrated: the top 10 names carry 64% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: COHERENT CORP, KARMAN HOLDINGS INC, KLA CORP, TERAWULF INC, AEROVIRONMENT INC.

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
Q4 2025
-3.2%
Q1 2026
+39.8%

Sector allocation

Technology
40%
Industrials
27%
Other
17%
Communications
8%
Financials
7%
Utilities
0%

Long book by quarter

$142.7M
Q4 2025
$134.3M
Q1 2026

What does Spear Advisors own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
COHR COHERENT CORPOther51.7K$12.3M9.2%-31.4%
KRMN KARMAN HOLDINGS INCIndustrials128.0K$10.2M7.6%New
KLAC KLA CORPOther6.9K$10.1M7.6%New
WULF TERAWULF INCFinancials674.2K$9.7M7.2%+16.9%
AVAV AEROVIRONMENT INCIndustrials45.7K$8.4M6.2%New
MKSI MKS INCTechnology35.7K$8.2M6.1%New
NVDA NVIDIA CORPTechnology46.5K$8.1M6.0%-4.5%
LRCX LAM RESEARCH CORPIndustrials31.9K$6.8M5.1%New
KTOS KRATOS DEFENSE & SECURITYIndustrials89.4K$6.3M4.7%New
APLD APPLIED DIGITAL CORPTechnology251.9K$6.0M4.5%-14.1%
ASTS AST SPACEMOBILE INCCommunications69.3K$5.7M4.3%-20.3%
ANET ARISTA NETWORKS INCTechnology43.9K$5.4M4.0%+20.0%
ECHO ECHOSTAR CORP-ACommunications45.7K$5.3M4.0%-20.8%
ALAB ASTERA LABS INCTechnology46.3K$5.1M3.8%-51.2%
RKLB ROCKET LAB CORPIndustrials78.2K$5.0M3.7%-38.2%
LITE LUMENTUM HOLDINGS INCTechnology6.5K$4.6M3.4%New
LUNR INTUITIVE MACHINES INCTechnology231.2K$4.3M3.2%New
TER TERADYNE INCTechnology12.6K$3.7M2.8%New
MRVL MARVELL TECHNOLOGY INCTechnology35.8K$3.5M2.6%-69.8%
CRDO CREDO TECHNOLOGY GROUP HOLDITechnology26.3K$2.5M1.8%-67.6%
CIEN CIENA CORPTechnology3.9K$1.5M1.1%-86.7%
NET CLOUDFLARE INC - CLASS ATechnology2.7K$553K0.4%-91.0%
AMD ADVANCED MICRO DEVICESTechnology2.3K$471K0.4%-89.2%
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology851$332K0.2%-88.6%
CEG CONSTELLATION ENERGYUtilities16$4K0.0%-99.9%
SNOW SNOWFLAKE INCTechnology2$3020.0%-100.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202626$134.3M canonicalSEC ↗
Q4 202513F-HRMar 13, 202621$142.7M canonicalSEC ↗