WBI INVESTMENTS, LLC

Quant stat arb Low signal CIK 1397424
League rank
#131
in Quant stat arb · #5730 overall
Long book
$362.4M
Q1 2026
Positions
275
Top-10 weight
30%
concentration
Last quarter
+9.2%
SPY +14.8%
Turnover
64%
of book per quarter

Strategy in plain words

auto-generated from filings

WBI INVESTMENTS, LLC is a quantitative fund whose holdings reflect models, not opinions, running a $362.4M US long book across 275 positions.

The portfolio is moderately concentrated (top 10 ≈ 30% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: WBI POWER FACTOR HIGH DIV, WBI BULLBEAR QUALITY 3000 ET, WBI BULLBEAR YIELD 3000 ETF, WBI BULLBEAR VALUE 3000 ETF, FRANKLIN RESP SOURCED GOLD.

Over the last 9 quarters its long book ran on average 1.8pp per quarter behind the S&P 500, beating the index in 3 of 9 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
Q1 2024
-1.0%
Q2 2024
+7.0%
Q3 2024
-0.8%
Q4 2024
-1.3%
Q1 2025
+2.9%
Q2 2025
+6.5%
Q3 2025
+2.2%
Q4 2025
-0.7%
Q1 2026
+9.2%

Sector allocation

Technology
19%
Financials
18%
Industrials
13%
Utilities
12%
Consumer discretionary
9%
Consumer staples
6%
Services media
6%
Healthcare
5%

Long book by quarter

$480.8M
Q1 2024
$412.6M
Q2 2024
$416.4M
Q3 2024
$400.3M
Q4 2024
$379.8M
Q1 2025
$385.3M
Q2 2025
$391.1M
Q3 2025
$383.6M
Q4 2025
$362.4M
Q1 2026

What does WBI INVESTMENTS, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MO ALTRIA GROUP INCConsumer staples63.1K$4.2M1.1%+24.5%
OKE ONEOK INCUtilities44.7K$4.0M1.1%-5.6%
VZ VERIZON COMMUNICATIONS INCCommunications73.3K$3.7M1.0%-8.9%
HPQ HP INCTechnology184.2K$3.5M1.0%+666.1%
TW TRADEWEB MARKETS INC-CLASS AFinancials27.9K$3.3M0.9%New
EIX EDISON INTERNATIONALUtilities44.8K$3.3M0.9%-3.6%
PFE PFIZER INCHealthcare114.6K$3.2M0.9%-14.1%
AROC ARCHROCK INCUtilities78.7K$2.7M0.8%New
HIG HARTFORD INSURANCE GROUP INCFinancials20.1K$2.7M0.7%+84.9%
PRI PRIMERICA INCFinancials10.6K$2.7M0.7%+24.2%
BBY BEST BUY CO INCConsumer discretionary41.0K$2.6M0.7%+190.5%
MRSH MARSH & MCLENNAN COSFinancials14.5K$2.5M0.7%+183.0%
BMY BRISTOL-MYERS SQUIBB COHealthcare40.8K$2.5M0.7%-42.6%
UPS UNITED PARCEL SERVICE-CL BIndustrials24.3K$2.4M0.7%-22.5%
GIS GENERAL MILLS INCConsumer staples61.5K$2.3M0.6%+231.5%
CPB THE CAMPBELL'S COMPANYConsumer staples101.7K$2.3M0.6%+238.3%
GOOGL ALPHABET INC-CL ATechnology7.7K$2.2M0.6%+5.2%
NVDA NVIDIA CORPTechnology12.5K$2.2M0.6%+14.2%
AAPL APPLE INCTechnology7.8K$2.0M0.5%+2.1%
IBKR INTERACTIVE BROKERS GRO-CL AFinancials28.9K$1.9M0.5%+5.6%
MSFT MICROSOFT CORPTechnology5.0K$1.8M0.5%+107.6%
TSLA TESLA INCIndustrials4.8K$1.8M0.5%+15.3%
CSCO CISCO SYSTEMS INCTechnology22.7K$1.8M0.5%+68.1%
T AT&T INCCommunications60.2K$1.7M0.5%New
GD GENERAL DYNAMICS CORPIndustrials4.9K$1.7M0.5%New
AMZN AMAZON.COM INCConsumer discretionary7.3K$1.5M0.4%+33.5%
VRSK VERISK ANALYTICS INCTechnology7.8K$1.5M0.4%-11.4%
WU WESTERN UNION COServices media167.7K$1.5M0.4%-10.9%
ROP ROPER TECHNOLOGIES INCTechnology4.1K$1.4M0.4%New
FSLY FASTLY INC - CLASS ATechnology48.9K$1.4M0.4%New
DRI DARDEN RESTAURANTS INCConsumer discretionary7.2K$1.4M0.4%+408.7%
CBOE CBOE GLOBAL MARKETS INCFinancials4.7K$1.3M0.4%New
PR PERMIAN RESOURCES CORP-CL AEnergy62.1K$1.3M0.4%New
NFLX NETFLIX INCServices media13.6K$1.3M0.4%New
CINF CINCINNATI FINANCIAL CORPFinancials8.3K$1.3M0.4%New
ATO ATMOS ENERGY CORPUtilities7.1K$1.3M0.4%+246.3%
APA APA CORPEnergy30.6K$1.3M0.4%-13.6%
QUIK QUICKLOGIC CORPTechnology137.9K$1.3M0.4%New
MA MASTERCARD INC - AServices media2.6K$1.3M0.4%-4.9%
META META PLATFORMS INC-CLASS ATechnology2.3K$1.3M0.4%+34.5%
YUM YUM! BRANDS INCConsumer discretionary8.2K$1.3M0.4%+55.5%
WIX WIX.COM LTDTechnology14.1K$1.3M0.3%New
DELL DELL TECHNOLOGIES -CTechnology7.6K$1.2M0.3%+90.7%
RNG RINGCENTRAL INC-CLASS ATechnology33.3K$1.2M0.3%New
PIPR PIPER SANDLER COSFinancials16.1K$1.2M0.3%New
TROW T ROWE PRICE GROUP INCFinancials13.5K$1.2M0.3%+8.4%
EME EMCOR GROUP INCIndustrials1.6K$1.2M0.3%-16.0%
KEYS KEYSIGHT TECHNOLOGIES INTechnology4.3K$1.2M0.3%New
HUBS HUBSPOT INCTechnology4.9K$1.2M0.3%New
CNP CENTERPOINT ENERGY INCUtilities27.7K$1.2M0.3%+8.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 11, 2026404$362.4M canonicalSEC ↗
Q4 202513F-HRFeb 13, 2026484$383.6M canonicalSEC ↗
Q3 202513F-HRNov 20, 2025464$391.1M canonicalSEC ↗
Q2 202513F-HRAug 11, 2025415$385.3M canonicalSEC ↗
Q1 202513F-HRMay 22, 2025315$379.8M canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025290$400.3M canonicalSEC ↗
Q3 202413F-HRNov 12, 2024329$416.4M canonicalSEC ↗
Q2 202413F-HRJul 30, 2024221$412.6M canonicalSEC ↗
Q1 202413F-HRMay 3, 2024262$480.8M canonicalSEC ↗