Voleon Capital Management LP

Quant stat arb Low signal CIK 1479847
League rank
#27
in Quant stat arb · #784 overall
Long book
$4.64B
Q1 2026
Positions
780
Top-10 weight
29%
concentration
Last quarter
+18.3%
SPY +14.8%
Turnover
35%
of book per quarter

Strategy in plain words

auto-generated from filings

Voleon Capital Management LP is a quantitative fund whose holdings reflect models, not opinions, running a $4.64B US long book across 780 positions.

The portfolio is moderately concentrated (top 10 ≈ 29% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, APPLE INC, ALPHABET INC-CL A, MICROSOFT CORP, AMAZON.COM INC.

Over the last 6 quarters its long book ran on average 0.7pp per quarter ahead of the S&P 500, beating the index in 5 of 6 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2024
-4.0%
Q1 2025
+11.7%
Q2 2025
+8.3%
Q3 2025
+2.2%
Q4 2025
-4.3%
Q1 2026
+18.3%

Sector allocation

Technology
37%
Industrials
12%
Consumer discretionary
11%
Financials
11%
Healthcare
10%
Services media
4%
Utilities
4%
Energy
3%

Long book by quarter

$1.35B
Q4 2024
$1.28B
Q1 2025
$1.82B
Q2 2025
$4.09B
Q3 2025
$4.65B
Q4 2025
$4.64B
Q1 2026

What does Voleon Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology1.6M$276.2M6.0%+1.3%
AAPL APPLE INCTechnology1.0M$262.1M5.7%+3.9%
GOOGL ALPHABET INC-CL ATechnology643.8K$185.1M4.0%-3.7%
MSFT MICROSOFT CORPTechnology471.0K$174.3M3.8%-1.0%
AMZN AMAZON.COM INCConsumer discretionary630.0K$131.2M2.8%+4.9%
META META PLATFORMS INC-CLASS ATechnology124.4K$71.2M1.5%+38.4%
TSLA TESLA INCIndustrials188.3K$70.0M1.5%-4.4%
LLY ELI LILLY & COHealthcare73.7K$67.8M1.5%+81.8%
AVGO BROADCOM INCTechnology209.8K$64.9M1.4%+16.0%
MA MASTERCARD INC - AServices media115.2K$57.6M1.2%+11.3%
JPM JPMORGAN CHASE & COFinancials163.5K$48.1M1.0%+56.5%
V VISA INC-CLASS A SHARESServices media128.7K$38.9M0.8%+331.7%
T AT&T INCCommunications1.3M$38.1M0.8%+23.3%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary412.2K$38.1M0.8%+34.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials79.2K$37.9M0.8%-32.9%
WMT WALMART INCConsumer discretionary304.7K$37.9M0.8%-6.5%
CMG CHIPOTLE MEXICAN GRILL INCConsumer discretionary1.2M$37.8M0.8%+37.3%
ABBV ABBVIE INCHealthcare164.0K$35.7M0.8%+22.1%
GEV GE VERNOVA INCIndustrials40.7K$35.6M0.8%-10.0%
PG PROCTER & GAMBLE CO/THEOther243.0K$35.1M0.8%-27.1%
FTNT FORTINET INCTechnology428.5K$35.0M0.8%+5.3%
DXCM DEXCOM INCHealthcare525.6K$33.0M0.7%-2.2%
RTX RTX CORPIndustrials162.6K$31.4M0.7%+213.2%
HD HOME DEPOT INCConsumer discretionary94.9K$31.2M0.7%+151.7%
WMB WILLIAMS COS INCUtilities427.2K$31.1M0.7%+23.3%
MPC MARATHON PETROLEUM CORPEnergy124.3K$30.3M0.7%-36.6%
MU MICRON TECHNOLOGY INCTechnology89.0K$30.1M0.6%-9.0%
HOOD ROBINHOOD MARKETS INC - AFinancials425.1K$29.5M0.6%+57.2%
MS MORGAN STANLEYFinancials168.7K$27.8M0.6%+391.4%
CPRT COPART INCConsumer discretionary776.7K$25.8M0.6%+66.9%
WAB WABTEC CORPIndustrials102.4K$25.6M0.6%+168.0%
AXSM AXSOME THERAPEUTICS INCHealthcare147.9K$25.0M0.5%+34.2%
BAC BANK OF AMERICA CORPFinancials504.3K$24.6M0.5%+26.5%
CI THE CIGNA GROUPFinancials91.8K$24.5M0.5%+42.9%
CLMT CALUMET INCEnergy681.9K$24.5M0.5%+322.6%
SNDK SANDISK CORPTechnology38.3K$24.4M0.5%+888.6%
ALAB ASTERA LABS INCTechnology218.8K$24.0M0.5%+61.3%
QCOM QUALCOMM INCTechnology182.4K$23.5M0.5%+4951.4%
RBLX ROBLOX CORP -CLASS ATechnology411.6K$23.3M0.5%+41.7%
KO COCA-COLA CO/THEConsumer staples306.1K$23.3M0.5%+45.7%
TTD TRADE DESK INC/THE -CLASS ATechnology1.0M$23.2M0.5%+161.5%
COST COSTCO WHOLESALE CORPConsumer discretionary23.2K$23.1M0.5%+65.4%
TRGP TARGA RESOURCES CORPUtilities91.2K$22.9M0.5%+475.9%
BLK BLACKROCK INCFinancials23.2K$22.4M0.5%+43.2%
BKD BROOKDALE SENIOR LIVING INCHealthcare1.5M$20.1M0.4%-14.0%
PBF PBF ENERGY INC-CLASS AEnergy412.3K$19.6M0.4%-25.0%
SF STIFEL FINANCIAL CORPFinancials262.5K$19.4M0.4%+72.2%
MANH MANHATTAN ASSOCIATES INCTechnology142.9K$19.0M0.4%+87.5%
CAH CARDINAL HEALTH INCConsumer discretionary87.6K$18.5M0.4%+142.1%
GD GENERAL DYNAMICS CORPIndustrials53.8K$18.5M0.4%-1.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026780$4.64B canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026770$4.65B canonicalSEC ↗
Q3 202513F-HRNov 14, 2025883$4.09B canonicalSEC ↗
Q2 202513F-HRAug 14, 2025471$1.82B canonicalSEC ↗
Q1 202513F-HRMay 16, 2025323$1.28B canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025325$1.35B canonicalSEC ↗