Vazirani Asset Management LLC

Fundamental concentrated ★Signal CIK 1716476
Long book
$43.4M
Q1 2026
Positions
20
Top-10 weight
82%
concentration
Last quarter
-1.1%
SPY +14.8%
Turnover
89%
of book per quarter

Strategy in plain words

auto-generated from filings

Vazirani Asset Management LLC is a concentrated fundamental stock-picker, running a $43.4M US long book across 20 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: AIR LEASE CORP, ALLIED GOLD CORP, WARNER BROS DISCOVERY INC, SKYWATER TECHNOLOGY INC, CHART INDUSTRIES INC.

Over the last 8 quarters its long book ran on average 13.5pp per quarter behind the S&P 500, beating the index in 1 of 8 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
-17.4%
Q2 2024
-7.8%
Q3 2024
-27.7%
Q4 2024
-30.5%
Q2 2025
+5.7%
Q3 2025
+1.4%
Q4 2025
-0.9%
Q1 2026
-1.1%

Sector allocation

Other
48%
Industrials
15%
Communications
9%
Technology
9%
Financials
8%
Healthcare
6%
Utilities
5%

Long book by quarter

$36.0M
Q1 2024
$46.7M
Q2 2024
$55.6M
Q3 2024
$32.2M
Q4 2024
$27.0M
Q1 2025
$26.1M
Q2 2025
$28.0M
Q3 2025
$16.5M
Q4 2025
$43.4M
Q1 2026

What does Vazirani Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AL AIR LEASE CORP100.0K$6.5M15.0%New
AAUC ALLIED GOLD CORP148.4K$6.4M14.8%New
WBD WARNER BROS DISCOVERY INCCommunications125.0K$3.4M7.9%+316.7%
SKYT SKYWATER TECHNOLOGY INCTechnology125.0K$3.4M7.9%New
GTLS CHART INDUSTRIES INCIndustrials15.0K$3.1M7.1%New
NSC NORFOLK SOUTHERN CORPIndustrials10.0K$2.9M6.6%-33.3%
PRA PROASSURANCE CORPFinancials100.0K$2.5M5.7%New
PEN PENUMBRA INCHealthcare7.5K$2.5M5.7%New
GDEN GOLDEN ENTERTAINMENT INC83.6K$2.2M5.1%New
AES AES CORPUtilities150.0K$2.1M4.9%New
HO1 HOLOGIC INC20.0K$1.5M3.5%New
KVUE KENVUE INCOther50.0K$862K2.0%New
UTE0 CANTALOUPE INC50.0K$541K1.2%New
430 TERNS PHARMACEUTICALS INC10.0K$527K1.2%New
BHF BRIGHTHOUSE FINANCIAL INCFinancials5.0K$299K0.7%New
DBRG DIGITALBRIDGE GROUP INCFinancials11.0K$170K0.4%New
2KZ0 KEZAR LIFE SCIENCES INC22.0K$163K0.4%-54.6%
TIL INSTIL BIO INCHealthcare10.0K$82K0.2%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202620$43.4M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202610$16.5M canonicalSEC ↗
Q3 202513F-HRNov 14, 202513$28.0M canonicalSEC ↗
Q2 202513F-HRAug 14, 202517$26.1M canonicalSEC ↗
Q1 202513F-HRMay 15, 202515$27.2M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202519$32.2M canonicalSEC ↗
Q3 202413F-HRNov 14, 202429$56.3M canonicalSEC ↗
Q2 202413F-HRAug 14, 202425$46.9M canonicalSEC ↗
Q1 202413F-HRMay 15, 202418$36.2M canonicalSEC ↗