QF
Q Fund Management Holdings Report (Q2 2026) — 13F Stock Portfolio
Q Fund ManagementCIK: 0002078832
High-turnover traderSector-focusedContrarian
Total reported value
$109.5M
Reporting period: 2026-06-30 · Number of holdings: 26
Q Fund Management disclosed 26 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $109.5M and a quarterly turnover rate of 166.1%.
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Personality snowflake
- Concentration
- 48.24
- Portfolio Stability
- 100
- Momentum
- 0
- Sector conviction
- 100
- Diversification
- 52
- Sizing Uniformity
- 85.1
Q Fund Management's disclosed holdings carry a Herfindahl concentration index of 0.121 — mathematically equivalent to about 8 equally-sized positions, well below its 26 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.49), with a handful of outsized bets alongside many smaller positions.
Recent activity leans toward initiating meaningfully larger new positions than it adds to existing ones (a 4.1 percentage-point tilt) — a pattern consistent with a more contrarian, new-idea-driven approach.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim LITE
-94.7% -$11.7M
New buy MRVL
Sold out AXTI
Sold out TSEM
New buy ALAB
Add INTC
-43.8% $15.2M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | MRVL | Marvell Technology Inc | Stock-Tech | 17.78% | +17.78% | NEW | |
| 2 | INTC | Intel CORP | Stock-Tech | 14.89% | +12.24% | -43.77% | |
| 3 | SNDK | Sandisk CORP | Stock-Tech | 13.70% | -1.99% | -78.64% | |
| 4 | ALAB | Astera Labs Inc | Stock-Tech | 12.57% | +12.57% | NEW | |
| 5 | MU | Micron Technology Inc | Stock-Tech | 11.17% | +11.17% | NEW | |
| 6 | AMD | Advanced Micro Devices | Stock-Tech | 10.13% | +10.13% | NEW | |
| 7 | BE | Bloom Energy Corp- A | Stock-Industrials | 7.54% | +6.14% | +534.88% | |
| 8 | AMAT | Applied Materials Inc | Stock-Tech | 5.54% | +5.54% | NEW | |
| 9 | IEF | Ishares 7-10 Year Treasury B | ETF-Gov Bonds | 2.16% | -3.56% | — | |
| 10 | MPTI | M-tron Industries Inc | Stock-Other | 0.91% | +0.91% | NEW | |
| 11 | TWLO | Twilio Inc - A | Stock-Tech | 0.78% | +0.78% | NEW | |
| 12 | LITE | Lumentum Holdings Inc | Stock-Tech | 0.74% | -29.26% | -94.72% | |
| 13 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.65% | +0.65% | NEW | |
| 14 | PDD | Pdd Holdings Inc | Stock-Consumer Disc | 0.31% | -0.67% | +80.00% | |
| 15 | OXY | Occidental Petroleum CORP | Stock-Energy | 0.27% | -0.67% | — | |
| 16 | UBER | Uber Technologies Inc | Stock-Industrials | 0.26% | -0.43% | +33.33% | |
| 17 | NKE | Nike Inc -cl B | Stock-Consumer Disc | 0.11% | -0.27% | — | |
| 18 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 0.11% | -0.39% | -75.00% | |
| 19 | LULU | Lululemon Athletica Inc | Stock-Consumer Disc | 0.08% | +0.01% | +300.00% | |
| 20 | TLT | Ishares 20+ Year Treasury Bd | ETF-Gov Bonds | 0.08% | -0.13% | — | |
| 21 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.07% | -1.65% | -95.35% | |
| 22 | ADBE | Adobe Inc | Stock-Tech | 0.04% | +0.04% | NEW | |
| 23 | DEO | Diageo Plc-sponsored Adr | Stock-Consumer Staples | 0.04% | -0.05% | — | |
| 24 | MSFT | Microsoft CORP | Stock-Tech | 0.03% | -0.06% | — | |
| 25 | DPZ | Domino's Pizza Inc | Stock-Consumer Disc | 0.03% | +0.03% | NEW | |
| 26 | XLE | Ss Energy Select Sector | ETF-Other | 0.02% | +0.02% | NEW |
💡
Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Portfolio Performance
Performance for Q3 2026
-16%
Performance Last 4 Quarters
+7.3%
- Stdev
- +51.5%
- Beta
- +2.35
- Alpha
- -20.9%
- Max Drawdown
- -33.8%
- Annualized Perf
- +13.1%
- Batting Avg vs S&P
- +38.9%
- Sortino
- +0.9
- Stutzer
- +0.14
- Treynor
- +0.1
- Sterling
- +0.3
- Calmar
- +0.39
- Information Ratio
- +0.11
- Tracking Error
- +44.6%
- Stdev Down
- +26.9%
- Winning Months %
- +50%
- Losing Months %
- +50%
- Best 12 Months
- +46.9%
- Worst 12 Months
- -25.2%
- Efficiency Ratio
- +0.11
- Sharpe
- +0.47
- Stdev Sectors
- +33%
- Skewness
- +0.86
- Kurtosis
- +1.45
- Upside Potential
- +2.76
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
Holding changes this quarter
Q Fund Management's most significant position changes for 2026-06-30: New buy: Marvell Technology Inc (MRVL); New buy: Astera Labs Inc (ALAB); New buy: Micron Technology Inc (MU); New buy: Advanced Micro Devices (AMD); Sold out: Axt Inc (AXTI).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MRVL | Marvell Technology Inc | +17.8% | NEW | New buy |
| 2 | ALAB | Astera Labs Inc | +12.6% | NEW | New buy |
| 3 | INTC | Intel CORP | +12.2% | -43.77% | Add |
| 4 | MU | Micron Technology Inc | +11.2% | NEW | New buy |
| 5 | AMD | Advanced Micro Devices | +10.1% | NEW | New buy |
| 6 | BE | Bloom Energy Corp- A | +6.1% | +534.88% | Add |
| 7 | AMAT | Applied Materials Inc | +5.5% | NEW | New buy |
| 8 | MPTI | M-tron Industries Inc | +0.9% | NEW | New buy |
| 9 | TWLO | Twilio Inc - A | +0.8% | NEW | New buy |
| 10 | GOOG | Alphabet Inc-cl C | +0.7% | NEW | New buy |
| 11 | ADBE | Adobe Inc | 0% | NEW | New buy |
| 12 | DPZ | Domino's Pizza Inc | 0% | NEW | New buy |
| 13 | XLE | Ss Energy Select Sector | 0% | NEW | New buy |
| 14 | LULU | Lululemon Athletica Inc | 0% | +300.00% | Add |
| 15 | DEO | Diageo Plc-sponsored Adr | -0.1% | — | Unchanged |
| 16 | MSFT | Microsoft CORP | -0.1% | — | Unchanged |
| 17 | TLT | Ishares 20+ Year Treasury Bd | -0.1% | — | Unchanged |
| 18 | NKE | Nike Inc -cl B | -0.3% | — | Unchanged |
| 19 | AMZN | Amazon.com Inc | -0.4% | -75.00% | Trim |
| 20 | UBER | Uber Technologies Inc | -0.4% | +33.33% | Unchanged |
| 21 | OXY | Occidental Petroleum CORP | -0.7% | — | Unchanged |
| 22 | PDD | Pdd Holdings Inc | -0.7% | +80.00% | Add |
| 23 | SOLS | Solstice Adv Materials Inc | -0.9% | EXIT | Sold out |
| 24 | TPL | Texas Pacific Land CORP | -1.1% | EXIT | Sold out |
| 25 | WULF | Terawulf Inc | -1.3% | EXIT | Sold out |
| 26 | AAOI | Applied Optoelectronics Inc | -1.6% | EXIT | Sold out |
| 27 | GOOGL | Alphabet Inc-cl A | -1.7% | -95.35% | Trim |
| 28 | SNDK | Sandisk CORP | -2% | -78.64% | Trim |
| 29 | IEF | Ishares 7-10 Year Treasury B | -3.6% | — | Unchanged |
| 30 | TSEM | Tower Semiconductor Ltd. | -16.9% | EXIT | Sold out |
| 31 | AXTI | Axt Inc | -17% | EXIT | Sold out |
| 32 | LITE | Lumentum Holdings Inc | -29.3% | -94.72% | Trim |
Filing History
FAQ
What is Q Fund Management and what type of investor is it?
Q Fund Management is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $109.5M, spread across 26 disclosed positions.
What are Q Fund Management's largest equity positions?
Based on the latest 13F filing, Q Fund Management's top holdings by market value are:
1. Marvell Technology Inc (MRVL) — $19.5M (17.8%)
2. Intel CORP (INTC) — $16.3M (14.9%)
3. Sandisk CORP (SNDK) — $15.0M (13.7%)
4. Astera Labs Inc (ALAB) — $13.8M (12.6%)
5. Micron Technology Inc (MU) — $12.2M (11.2%)
What changes did Q Fund Management make in its most recent portfolio filing?
In the latest reported quarter, Q Fund Management made 25 notable position adjustments: 11 new positions were initiated, 4 existing holdings were added to, 4 positions were partially reduced, and 6 were completely exited. The largest of these moves: New buy: Marvell Technology Inc (MRVL); New buy: Astera Labs Inc (ALAB); New buy: Micron Technology Inc (MU); New buy: Advanced Micro Devices (AMD); Sold out: Axt Inc (AXTI)
What sectors does Q Fund Management focus on?
Q Fund Management is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 90.2%
• Industrials: 8.1%
• Communication Services: 0.7%
• Consumer Discretionary: 0.7%
• Energy: 0.3%
• Consumer Staples: 0.0%
Investment Profile
Q Fund Management returned an annualized 13.1% over the trailing 18 months — underperforming the S&P 500 by 20.9 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 2.35 (more volatile than the market) and a 39% quarterly batting average against the index.
Its portfolio is moderately concentrated and fast-trading, with 90.2% of the portfolio concentrated in Information Technology.
Its turnover score has risen from 0 to 100 over the past 4 quarters — a shift toward more active trading.
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Developer Access
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