Truffle Hound Capital, LLC

Fundamental diversified ★Signal CIK 1595862
League rank
#916
in Fundamental diversified · #7323 overall
Long book
$163.2M
Q1 2026
Positions
43
Top-10 weight
47%
concentration
Last quarter
-0.3%
SPY +14.8%
Turnover
36%
of book per quarter

Strategy in plain words

auto-generated from filings

Truffle Hound Capital, LLC is a diversified fundamental manager, running a $163.2M US long book across 43 positions.

The portfolio is moderately concentrated (top 10 ≈ 47% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ALERIAN MLP ETF, ECOPETROL SA-SPONSORED ADR, JSC KASPI.KZ ADR, AMPLIFY ENERGY CORP, PAGSEGURO DIGITAL LTD-CL A.

Over the last 6 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 4 of 6 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
Q4 2024
-2.5%
Q1 2025
+6.7%
Q2 2025
+8.2%
Q3 2025
+3.9%
Q4 2025
+5.8%
Q1 2026
-0.3%

Sector allocation

Energy
31%
Technology
21%
Financials
10%
Real estate
10%
Healthcare
7%
Industrials
7%
Services media
6%
Other
3%

Long book by quarter

$167.0M
Q4 2024
$156.0M
Q1 2025
$151.3M
Q2 2025
$159.4M
Q3 2025
$170.9M
Q4 2025
$163.2M
Q1 2026

What does Truffle Hound own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AMPY AMPLIFY ENERGY CORPEnergy1.3M$7.8M4.8%Held
PAGS PAGSEGURO DIGITAL LTD-CL ATechnology750.0K$7.5M4.6%-16.7%
SM SM ENERGY COEnergy240.0K$7.5M4.6%New
CHCI COMSTOCK HOLDING COMPANIESReal estate350.0K$6.6M4.1%Held
EOG EOG RESOURCES INCEnergy40.0K$5.8M3.5%New
STNE STONECO LTD-ATechnology400.0K$5.6M3.5%Held
OPBK OP BANCORPFinancials400.0K$5.3M3.3%Held
NCSM NCS MULTISTAGE HOLDINGS INCEnergy80.0K$4.9M3.0%+116.1%
SLB SLB LTDEnergy95.0K$4.9M3.0%-32.1%
AXR AMREP CORPReal estate160.0K$4.5M2.8%+6.7%
LGCY LEGACY EDUCATION INCServices media350.0K$4.4M2.7%+75.0%
GOOGL ALPHABET INC-CL ATechnology15.0K$4.3M2.6%Held
ADBE ADOBE INCTechnology16.0K$3.9M2.4%+100.0%
TFX TELEFLEX INCHealthcare32.0K$3.8M2.3%New
MGYR MAGYAR BANCORP INCFinancials200.0K$3.5M2.1%Held
REI RING ENERGY INCEnergy2.0M$3.1M1.9%New
CRGY CRESCENT ENERGY INC-AEnergy200.0K$2.7M1.7%New
WHR WHIRLPOOL CORPIndustrials50.0K$2.7M1.7%+25.0%
FRD FRIEDMAN INDUSTRIESIndustrials150.0K$2.7M1.6%Held
ICLR ICON PLCHealthcare24.0K$2.7M1.6%New
AEO AMERICAN EAGLE OUTFITTERSConsumer discretionary140.0K$2.3M1.4%-22.2%
SND SMART SAND INCMaterials440.0K$2.3M1.4%+100.0%
INFU INFUSYSTEM HOLDINGS INCHealthcare230.0K$2.1M1.3%Held
BSET BASSETT FURNITURE INDSOther150.0K$2.1M1.3%Held
HNNA HENNESSY ADVISORS INCFinancials200.0K$1.9M1.2%+25.0%
ULBI ULTRALIFE CORPTechnology250.0K$1.6M1.0%Held
PYPL PAYPAL HOLDINGS INCServices media34.0K$1.5M0.9%New
HGBL HERITAGE GLOBAL INCServices media1.1M$1.5M0.9%Held
PINS PINTEREST INC- CLASS ATechnology80.0K$1.5M0.9%New
PPIH PERMA-PIPE INTERNATIONAL HOLIndustrials41.0K$1.2M0.7%Held
AUBN AUBURN NATL BANCORPORATIONFinancials50.0K$1.2M0.7%Held
LCUT LIFETIME BRANDS INCIndustrials200.0K$1.1M0.7%Held
ALTO ALTO INGREDIENTS INCOther235.0K$1.1M0.7%-21.7%
DIBS 1STDIBS.COM INCConsumer discretionary180.0K$990K0.6%-55.0%
HOFT HOOKER FURNISHINGS CORPOther59.0K$760K0.5%Held
DOUG DOUGLAS ELLIMAN INCReal estate452.1K$741K0.5%-62.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 7, 202651$386.0M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202652$383.9M canonicalSEC ↗
Q3 202513F-HRNov 6, 202550$357.5M canonicalSEC ↗
Q2 202513F-HRAug 11, 202559$390.8M canonicalSEC ↗
Q1 202513F-HRMay 9, 202553$277.3M canonicalSEC ↗
Q4 202413F-HRFeb 11, 202553$285.1M canonicalSEC ↗