Strategy Capital LLC
Long book
$1.22B
Q1 2026
Positions
11
Top-10 weight
97%
concentration
Last quarter
+35.3%
SPY +14.8%
Turnover
17%
of book per quarter
Strategy in plain words
auto-generated from filingsStrategy Capital LLC is a concentrated fundamental stock-picker, specialised in technology (66% of the long book), running a $1.22B US long book across 11 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: CLOUDFLARE INC - CLASS A, SHOPIFY INC - CLASS A, AXON ENTERPRISE INC, AMAZON.COM INC, TAIWAN SEMICONDUCTOR-SP ADR.
Over the last 9 quarters its long book ran on average 3.7pp per quarter ahead of the S&P 500, beating the index in 3 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
+1.7%
Q2 2024
+3.1%
Q3 2024
+22.7%
Q4 2024
-11.4%
Q1 2025
+37.6%
Q2 2025
+3.7%
Q3 2025
-5.0%
Q4 2025
-14.0%
Q1 2026
+35.3%
Sector allocation
Technology 63%
Industrials 19%
Consumer discretionary 13%
Financials 6%
Long book by quarter
What does Strategy Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NET CLOUDFLARE INC - CLASS A | Technology | 1.1M | $234.9M | 19.2% | +9.3% |
| SHOP SHOPIFY INC - CLASS A | Technology | 1.6M | $195.7M | 16.0% | +0.9% |
| AXON AXON ENTERPRISE INC | Industrials | 397.9K | $169.0M | 13.8% | +2.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 693.2K | $144.4M | 11.8% | +0.9% |
| DDOG DATADOG INC - CLASS A | Technology | 730.7K | $86.3M | 7.1% | +0.9% |
| META META PLATFORMS INC-CLASS A | Technology | 149.6K | $85.6M | 7.0% | +0.8% |
| NU NU HOLDINGS LTD/CAYMAN ISL-A | Financials | 4.3M | $61.6M | 5.0% | +2.9% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 142.6K | $55.7M | 4.6% | +2.9% |
| ALAB ASTERA LABS INC | Technology | 352.3K | $38.6M | 3.2% | New |
| TSLA TESLA INC | Industrials | 96.7K | $35.9M | 2.9% | +2.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 11 | $1.22B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 11 | $1.36B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 10 | $1.51B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 10 | $1.49B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR/ARESTATEMENT | Jul 29, 2025 | 10 | $1.07B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 10 | $1.05B | SEC ↗ | |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 10 | $1.23B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR/ARESTATEMENT | Nov 14, 2024 | 10 | $1.04B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 10 | $1.04B | SEC ↗ | |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 10 | $1.02B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 9 | $985.0M | canonical | SEC ↗ |