Value Aligned Research Advisors, LLC

Fundamental concentrated ★Signal CIK 1963565
League rank
#50
in Fundamental concentrated · #58 overall
Long book
$8.44B
Q1 2026
Positions
53
Top-10 weight
57%
concentration
Last quarter
+46.1%
SPY +14.8%
Turnover
33%
of book per quarter

Strategy in plain words

auto-generated from filings

Value Aligned Research Advisors, LLC is a concentrated fundamental stock-picker, running a $8.44B US long book across 53 positions.

The portfolio is concentrated: the top 10 names carry 57% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: LUMENTUM HOLDINGS INC, COREWEAVE INC-CL A, BLOOM ENERGY CORP- A, NEBIUS GROUP NV, VERTIV HOLDINGS CO-A.

Over the last 9 quarters its long book ran on average 11.7pp per quarter ahead of the S&P 500, beating the index in 5 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
+1.2%
Q2 2024
-8.8%
Q3 2024
+4.9%
Q4 2024
-23.5%
Q1 2025
+63.3%
Q2 2025
+41.3%
Q3 2025
-0.5%
Q4 2025
+22.0%
Q1 2026
+46.1%

Sector allocation

Technology
51%
Industrials
19%
Other
11%
Financials
9%
Energy
4%
Services media
3%
Materials
3%
Utilities
1%

Long book by quarter

$507.0M
Q1 2024
$456.4M
Q2 2024
$384.9M
Q3 2024
$358.0M
Q4 2024
$1.23B
Q1 2025
$2.24B
Q2 2025
$4.33B
Q3 2025
$4.88B
Q4 2025
$8.44B
Q1 2026

What does Value Aligned own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
LITE LUMENTUM HOLDINGS INCTechnology1.1M$743.0M8.8%-9.8%
CRWV COREWEAVE INC-CL ATechnology8.3M$641.5M7.6%+37.4%
BE BLOOM ENERGY CORP- AIndustrials4.6M$621.2M7.4%+31.9%
NBIS NEBIUS GROUP NVTechnology5.8M$603.2M7.1%+75.9%
VRT VERTIV HOLDINGS CO-ATechnology1.9M$486.1M5.8%-10.7%
CLS CELESTICA INCTechnology1.5M$420.1M5.0%+29.7%
STXN SEAGATE TECHNOLOGY HOLDINGS914.7K$358.3M4.2%+624.3%
WDC WESTERN DIGITAL CORPTechnology1.3M$350.4M4.2%New
COHR COHERENT CORPOther1.3M$306.1M3.6%-3.7%
FIX COMFORT SYSTEMS USA INCIndustrials213.6K$294.6M3.5%+45.3%
EQT EQT CORPEnergy4.2M$266.5M3.2%+43.6%
FTAI FTAI AVIATION LTDServices media1.1M$262.4M3.1%New
FCX FREEPORT-MCMORAN INCMaterials4.4M$259.9M3.1%New
AMAT APPLIED MATERIALS INCTechnology731.7K$250.1M3.0%+35.9%
LRCX LAM RESEARCH CORPIndustrials1.1M$235.1M2.8%+55.7%
KLAC KLA CORPOther143.4K$211.1M2.5%+182.4%
EME EMCOR GROUP INCIndustrials223.5K$165.0M2.0%+101.2%
IREN IREN LTDFinancials4.8M$163.4M1.9%+35.6%
APLD APPLIED DIGITAL CORPTechnology6.7M$158.3M1.9%+18.2%
NVDA NVIDIA CORPTechnology853.7K$148.9M1.8%+777.8%
CIFR CIPHER DIGITAL INCFinancials11.0M$141.6M1.7%+47.7%
HUT HUT 8 CORPFinancials2.9M$135.2M1.6%+3.4%
CORZ CORE SCIENTIFIC INCFinancials7.7M$115.5M1.4%-4.6%
WULF TERAWULF INCFinancials7.8M$113.2M1.3%New
AAOI APPLIED OPTOELECTRONICS INCTechnology1.3M$107.3M1.3%New
ASML ASML HOLDING NV-NY REG SHSIndustrials70.5K$93.2M1.1%+34652.7%
MU MICRON TECHNOLOGY INCTechnology218.8K$73.9M0.9%Held
SNOW SNOWFLAKE INCTechnology481.3K$72.6M0.9%+54.2%
SNDK SANDISK CORPTechnology105.2K$66.8M0.8%New
RIOT RIOT PLATFORMS INCFinancials5.2M$64.0M0.8%-46.2%
ALAB ASTERA LABS INCTechnology568.3K$62.3M0.7%Held
SEI SOLARIS ENERGY INFRASTRUCTURIndustrials897.0K$50.7M0.6%-8.1%
TSEM TOWER SEMICONDUCTOR LTDTechnology270.4K$47.5M0.6%New
GEV GE VERNOVA INCIndustrials44.4K$38.8M0.5%-83.6%
ACMR ACM RESEARCH INC-CLASS AIndustrials955.9K$37.6M0.4%New
STRL STERLING INFRASTRUCTURE INCIndustrials89.5K$36.4M0.4%New
LBRT LIBERTY ENERGY INCEnergy1.3M$36.4M0.4%New
BTDR BITDEER TECHNOLOGIES GROUP-AFinancials4.0M$35.0M0.4%+23.8%
TAC TRANSALTA CORPUtilities2.6M$34.1M0.4%New
TLN TALEN ENERGY CORPUtilities69.7K$22.3M0.3%-55.7%
INTC INTEL CORPTechnology503.7K$22.2M0.3%New
LGN LEGENCE CORP-CL AIndustrials308.1K$17.4M0.2%+22.4%
ORCL ORACLE CORPTechnology115.1K$16.9M0.2%-18.6%
1B2 BITFARMS LTD/CANADA7.8M$15.2M0.2%New
AVGO BROADCOM INCTechnology48.9K$15.1M0.2%-77.8%
BKV BKV CORPORATIONEnergy323.1K$9.2M0.1%+68.0%
TSSI TSS INCServices media460.5K$6.0M0.1%Held
HNRG HALLADOR ENERGY COUtilities320.8K$5.2M0.1%Held
GOOGL ALPHABET INC-CL ATechnology11.5K$3.3M0.0%Held
GOOG ALPHABET INC-CL CTechnology4.8K$1.4M0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 18, 2026107$20.71B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202686$9.94B canonicalSEC ↗
Q3 202513F-HR/ARESTATEMENTDec 3, 202581$8.19B canonicalSEC ↗
Q3 202513F-HRNov 14, 202580$6.83B SEC ↗
Q2 202513F-HRAug 14, 202572$4.73B canonicalSEC ↗
Q1 202513F-HRMay 15, 202561$1.37B canonicalSEC ↗
Q4 202413F-HR/ARESTATEMENTFeb 18, 202547$365.8M canonicalSEC ↗
Q4 202413F-HRFeb 13, 202547$365.8M SEC ↗
Q3 202413F-HRNov 8, 202421$384.9M canonicalSEC ↗
Q2 202413F-HRAug 9, 202431$456.6M canonicalSEC ↗
Q1 202413F-HRApr 26, 202419$507.0M canonicalSEC ↗