Tidal Investments LLC

Diversified mechanical Mechanical CIK 1600064
League rank
#138
in Diversified mechanical · #2825 overall
Long book
$32.07B
Q1 2026
Positions
2017
Top-10 weight
18%
concentration
Last quarter
+12.7%
SPY +14.8%
Turnover
27%
of book per quarter

Strategy in plain words

auto-generated from filings

Tidal Investments LLC is a mechanically diversified allocator, running a $32.07B US long book across 2017 positions.

The portfolio is broadly diversified across 2017 positions (top 10 only 18%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, MICROSOFT CORP, ALPHABET INC-CL A, APPLE INC, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.6pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.6%
Q2 2024
+6.4%
Q3 2024
+1.4%
Q4 2024
-4.4%
Q1 2025
+16.2%
Q2 2025
+15.4%
Q3 2025
-1.4%
Q4 2025
-2.1%
Q1 2026
+12.7%

Sector allocation

Technology
29%
Financials
14%
Materials
12%
Industrials
12%
Healthcare
7%
Consumer discretionary
6%
Energy
5%
Services media
5%

Long book by quarter

$5.84B
Q1 2024
$7.25B
Q2 2024
$9.05B
Q3 2024
$12.18B
Q4 2024
$11.83B
Q1 2025
$15.29B
Q2 2025
$23.54B
Q3 2025
$23.82B
Q4 2025
$32.07B
Q1 2026

What does Tidal Investments own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology5.5M$961.3M3.0%+14.5%
MSFT MICROSOFT CORPTechnology2.1M$769.5M2.4%+46.1%
GOOGL ALPHABET INC-CL ATechnology2.7M$759.4M2.4%+47.7%
AAPL APPLE INCTechnology2.7M$692.9M2.2%+14.9%
AMZN AMAZON.COM INCConsumer discretionary3.3M$680.0M2.1%+109.7%
AG FIRST MAJESTIC SILVER CORPMaterials21.1M$452.4M1.4%-13.5%
AVGO BROADCOM INCTechnology1.4M$439.9M1.4%+6.5%
CDE COEUR MINING INCMaterials21.8M$409.2M1.3%+20.6%
META META PLATFORMS INC-CLASS ATechnology662.3K$373.7M1.2%+32.9%
HL HECLA MINING COMaterials19.7M$366.2M1.1%-18.9%
COP CONOCOPHILLIPSEnergy2.7M$358.0M1.1%+1786.9%
CVX CHEVRON CORPEnergy1.3M$273.8M0.9%+300.1%
AMD ADVANCED MICRO DEVICESTechnology1.3M$267.7M0.8%+29.9%
WPM WHEATON PRECIOUS METALS CORPMaterials1.9M$245.0M0.8%New
XOM EXXON MOBIL CORPEnergy1.4M$237.4M0.7%+191.9%
NFLX NETFLIX INCServices media2.4M$228.5M0.7%+85.0%
UNH UNITEDHEALTH GROUP INCFinancials864.0K$227.9M0.7%+405.5%
LLY ELI LILLY & COHealthcare250.3K$226.9M0.7%+93.3%
TSLA TESLA INCIndustrials597.6K$222.2M0.7%+7.5%
GEV GE VERNOVA INCIndustrials248.9K$217.1M0.7%+3.4%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology1.4M$210.8M0.7%+2.1%
PWR QUANTA SERVICES INCIndustrials363.8K$199.7M0.6%-13.7%
MELI MERCADOLIBRE INCServices media112.2K$184.6M0.6%+374.8%
AXP AMERICAN EXPRESS COFinancials573.0K$173.3M0.5%+4.7%
MSTR STRATEGY INCFinancials1.4M$169.8M0.5%+44.6%
HOOD ROBINHOOD MARKETS INC - AFinancials2.4M$169.4M0.5%+27.6%
EXK ENDEAVOUR SILVER CORPMaterials18.0M$167.4M0.5%-1.5%
JNJ JOHNSON & JOHNSONHealthcare685.0K$166.8M0.5%+138.3%
DHR DANAHER CORPTechnology884.7K$163.5M0.5%+723.8%
HYMC HYCROFT MINING HOLDING CO-AMaterials4.6M$162.9M0.5%+63.0%
KLAC KLA CORPOther110.4K$162.5M0.5%-6.7%
PAAS PAN AMERICAN SILVER CORPMaterials3.0M$161.5M0.5%+15.2%
JPM JPMORGAN CHASE & COFinancials549.4K$161.3M0.5%+14.1%
COF CAPITAL ONE FINANCIAL CORPFinancials882.4K$157.8M0.5%+587.3%
ETN EATON CORP PLCIndustrials434.8K$155.5M0.5%+36.2%
AMGN AMGEN INCHealthcare441.9K$155.2M0.5%+938.6%
UNP UNION PACIFIC CORPIndustrials637.0K$154.5M0.5%+166.3%
PPTA PERPETUA RESOURCES CORPMaterials5.4M$150.7M0.5%-9.8%
ANET ARISTA NETWORKS INCTechnology1.2M$150.6M0.5%+1.8%
FNV FRANCO-NEVADA CORPMaterials602.9K$148.9M0.5%-1.8%
OXY OCCIDENTAL PETROLEUM CORPEnergy2.2M$144.9M0.5%+39.6%
MU MICRON TECHNOLOGY INCTechnology429.5K$144.8M0.5%+15.0%
SSRM SSR MINING INCFinancials4.8M$141.7M0.4%-7.0%
CAT CATERPILLAR INCIndustrials198.0K$140.3M0.4%-2.3%
LRCX LAM RESEARCH CORPIndustrials642.8K$137.3M0.4%-49.3%
COST COSTCO WHOLESALE CORPConsumer discretionary137.5K$137.1M0.4%-3.2%
CMCSA COMCAST CORP-CLASS ACommunications4.7M$136.8M0.4%+1117.8%
ASML ASML HOLDING NV-NY REG SHSIndustrials103.8K$133.3M0.4%+165.5%
INTU INTUIT INCTechnology305.6K$131.3M0.4%+428.2%
WDAY WORKDAY INC-CLASS ATechnology1.0M$129.1M0.4%+3933.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20263224$47.42B canonicalSEC ↗
Q4 202513F-HRFeb 13, 20262982$42.14B canonicalSEC ↗
Q3 202513F-HRNov 14, 20252545$50.00B canonicalSEC ↗
Q2 202513F-HRAug 14, 20252384$16.64B canonicalSEC ↗
Q1 202513F-HRMay 14, 20252270$12.29B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20252435$12.72B canonicalSEC ↗
Q3 202413F-HR/ARESTATEMENTNov 25, 20242348$9.46B canonicalSEC ↗
Q3 202413F-HRNov 14, 20242345$9.46B SEC ↗
Q2 202413F-HRAug 14, 20242364$7.44B canonicalSEC ↗
Q1 202413F-HRMay 16, 20242195$6.06B canonicalSEC ↗