WINTON GROUP Ltd

Quant stat arb Low signal CIK 1612063
League rank
#122
in Quant stat arb · #4631 overall
Long book
$2.85B
Q1 2026
Positions
1080
Top-10 weight
15%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
60%
of book per quarter

Strategy in plain words

auto-generated from filings

WINTON GROUP Ltd is a quantitative fund whose holdings reflect models, not opinions, running a $2.85B US long book across 1080 positions.

The portfolio is broadly diversified across 1080 positions (top 10 only 15%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: BERKSHIRE HATHAWAY INC-CL A, INVESCO SENIOR LOAN ETF, GE VERNOVA INC, BOOKING HOLDINGS INC, NETFLIX INC.

Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 4 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
-2.7%
Q2 2024
+9.2%
Q3 2024
+2.2%
Q4 2024
-3.1%
Q1 2025
+6.2%
Q2 2025
+8.2%
Q3 2025
+0.5%
Q4 2025
-2.4%
Q1 2026
+10.6%

Sector allocation

Financials
20%
Technology
17%
Industrials
16%
Healthcare
9%
Services media
8%
Other
7%
Consumer discretionary
7%
Materials
4%

Long book by quarter

$1.42B
Q1 2024
$1.48B
Q2 2024
$1.43B
Q3 2024
$1.51B
Q4 2024
$1.64B
Q1 2025
$1.96B
Q2 2025
$2.67B
Q3 2025
$2.90B
Q4 2025
$2.85B
Q1 2026

What does WINTON GROUP own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials217$155.8M5.5%Held
GEV GE VERNOVA INCIndustrials42.3K$36.9M1.3%+65.3%
BKNG BOOKING HOLDINGS INCIndustrials8.5K$35.7M1.3%New
NFLX NETFLIX INCServices media346.4K$33.3M1.2%+367.5%
CSX CSX CORPIndustrials596.1K$24.5M0.9%+60.0%
SOLS SOLSTICE ADV MATERIALS INCMaterials306.6K$23.4M0.8%-42.4%
KR KROGER COConsumer discretionary306.9K$22.2M0.8%+516.4%
AES AES CORPUtilities1.6M$22.0M0.8%+5116.7%
ENTG ENTEGRIS INCOther181.5K$21.3M0.7%-5.2%
EA ELECTRONIC ARTS INCTechnology102.2K$20.8M0.7%+10.9%
HO1 HOLOGIC INC275.0K$20.8M0.7%+8.6%
MASI* MASIMO CORP112.8K$20.1M0.7%New
SF STIFEL FINANCIAL CORPFinancials247.0K$18.3M0.6%New
TMUS T-MOBILE US INCCommunications84.8K$17.8M0.6%New
CME CME GROUP INCFinancials60.0K$17.7M0.6%-0.1%
BG BUNGE GLOBAL SAConsumer staples133.8K$17.0M0.6%+3822.3%
MSFT MICROSOFT CORPTechnology45.1K$16.7M0.6%+30.0%
ODFL OLD DOMINION FREIGHT LINEIndustrials84.3K$16.5M0.6%+444.0%
POWL POWELL INDUSTRIES INCIndustrials30.4K$16.4M0.6%+708.6%
INCY INCYTE CORPHealthcare173.0K$16.3M0.6%+67.2%
MAS MASCO CORPIndustrials267.9K$16.2M0.6%-2.5%
NVDA NVIDIA CORPTechnology92.5K$16.1M0.6%+10.4%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology110.2K$16.1M0.6%New
SHOP SHOPIFY INC - CLASS ATechnology132.1K$15.7M0.5%+168.8%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials1.1M$15.6M0.5%+26.2%
DELL DELL TECHNOLOGIES -CTechnology92.4K$15.2M0.5%+1534.2%
A AGILENT TECHNOLOGIES INCHealthcare129.5K$14.8M0.5%+4351.1%
MSM MSC INDUSTRIAL DIRECT CO-AConsumer discretionary158.1K$14.6M0.5%+1967.8%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials30.4K$14.5M0.5%New
GXO GXO LOGISTICS INCIndustrials279.6K$14.5M0.5%+13.0%
PM PHILIP MORRIS INTERNATIONALConsumer staples87.6K$14.5M0.5%New
ECG EVERUS CONSTRUCTION GROUPIndustrials121.1K$14.3M0.5%+7.0%
MELI MERCADOLIBRE INCServices media7.9K$13.6M0.5%New
EPAM EPAM SYSTEMS INCTechnology100.3K$13.6M0.5%+0.4%
TGT TARGET CORPConsumer discretionary110.9K$13.4M0.5%New
V VISA INC-CLASS A SHARESServices media44.1K$13.3M0.5%+5.2%
VSNT VERSANT MEDIA GROUP INCCommunications359.1K$13.3M0.5%New
CNR CORE NATURAL RESOURCES INCMaterials125.8K$13.2M0.5%New
MDT MEDTRONIC PLCHealthcare142.5K$12.3M0.4%+35.3%
DOW DOW INCMaterials292.2K$12.2M0.4%+957.2%
RKT ROCKET COS INC-CLASS AFinancials831.6K$11.9M0.4%+11.5%
CCJ CAMECO CORPMaterials107.1K$11.6M0.4%-22.5%
REGN REGENERON PHARMACEUTICALSHealthcare14.8K$11.4M0.4%+435.4%
HWM HOWMET AEROSPACE INCIndustrials48.6K$11.2M0.4%+650.5%
SLAB SILICON LABORATORIES INCTechnology53.8K$11.2M0.4%New
APH AMPHENOL CORP-CL ATechnology87.7K$11.1M0.4%-21.3%
MMSI MERIT MEDICAL SYSTEMS INCHealthcare158.8K$10.9M0.4%+14.4%
VG VENTURE GLOBAL INC-CL AUtilities657.5K$10.4M0.4%+720.3%
PCG P G & E CORPUtilities579.1K$10.2M0.4%+631.8%
INTU INTUIT INCTechnology23.5K$10.2M0.4%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 12, 20261080$2.85B canonicalSEC ↗
Q4 202513F-HRFeb 11, 2026911$2.90B canonicalSEC ↗
Q3 202513F-HRNov 13, 2025697$2.67B canonicalSEC ↗
Q2 202513F-HRAug 14, 2025807$1.96B canonicalSEC ↗
Q1 202513F-HRMay 15, 2025656$1.64B canonicalSEC ↗
Q4 202413F-HRFeb 12, 2025594$1.51B canonicalSEC ↗
Q3 202413F-HRNov 12, 2024605$1.43B canonicalSEC ↗
Q2 202413F-HRAug 9, 2024558$1.48B canonicalSEC ↗
Q1 202413F-HRMay 14, 2024582$1.42B canonicalSEC ↗