QF
Q Fund Management Holdings Report (Q3 2026) — 13F Stock Portfolio
Q Fund ManagementCIK: 0002078832
High-turnover traderSector-focusedContrarian
Total reported value
$104.0M
Reporting period: 2026-09-30 · Number of holdings: 38
Q Fund Management disclosed 38 holdings in its latest 13F filing for the period ending 2026-09-30, with total reported value of $104.0M and a quarterly turnover rate of 152.8%.
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Personality snowflake
- Concentration
- 30.89
- Portfolio Stability
- 100
- Momentum
- 0
- Sector conviction
- 100
- Diversification
- 76
- Sizing Uniformity
- 85.91
Q Fund Management's disclosed holdings carry a Herfindahl concentration index of 0.077 — mathematically equivalent to about 13 equally-sized positions, well below its 38 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 1.41), 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 3.4 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.govNew buy META
Sold out SNDK
Trim INTC
-89.7% -$14.9M
Sold out ALAB
Sold out AMD
Add GOOGL
+13435.0% $9.2M
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 | META | Meta Platforms Inc-class A | Stock-Comm Services | 14.06% | +14.06% | NEW | |
| 2 | MRVL | Marvell Technology Inc | Stock-Tech | 9.19% | -8.59% | -44.65% | |
| 3 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 8.95% | +8.88% | +13435.00% | |
| 4 | CRDO | Credo Technology Group Holding Ltd | Stock-Tech | 8.63% | +8.63% | NEW | |
| 5 | HOOD | Robinhood Markets Inc - A | Stock-Financials | 8.18% | +8.18% | NEW | |
| 6 | LITE | Lumentum Holdings Inc | Stock-Tech | 8.14% | +7.40% | +827.66% | |
| 7 | INTW | Granite 2x Long Intc ETF | ETF-Other | 7.37% | +7.37% | NEW | |
| 8 | ETHU | 2x Ether ETF | ETF-Other | 7.06% | +7.06% | NEW | |
| 9 | MU | Micron Technology Inc | Stock-Tech | 6.55% | -4.62% | -39.62% | |
| 10 | ANET | Arista Networks Inc | Stock-Tech | 5.71% | +5.71% | NEW | |
| 11 | ✓ | Bitdeer Technologies Group | Stock-Other | 3.19% | +3.19% | NEW | |
| 12 | IEF | Ishares 7-10 Year Treasury B | ETF-Gov Bonds | 2.15% | -0.01% | — | |
| 13 | INTC | Intel CORP | Stock-Tech | 1.39% | -13.50% | -89.70% | |
| 14 | ✓ | Stock-Other | 1.16% | +1.16% | NEW | ||
| 15 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 0.83% | +0.72% | +594.00% | |
| 16 | AMAT | Applied Materials Inc | Stock-Tech | 0.81% | -4.73% | -80.48% | |
| 17 | BE | Bloom Energy Corp- A | Stock-Industrials | 0.78% | -6.76% | -89.27% | |
| 18 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.66% | +0.01% | — | |
| 19 | ✓ | Stock-Other | 0.49% | +0.49% | NEW | ||
| 20 | DNA | Ginkgo Bioworks Holdings Inc | Stock-Other | 0.49% | +0.49% | NEW | |
| 21 | ORCL | Oracle CORP | Stock-Tech | 0.46% | +0.46% | NEW | |
| 22 | MPTI | M-tron Industries Inc | Stock-Other | 0.45% | -0.46% | -40.70% | |
| 23 | MSFT | Microsoft CORP | Stock-Tech | 0.43% | +0.40% | +780.00% | |
| 24 | BSX | Boston Scientific CORP | Stock-Healthcare | 0.41% | +0.41% | NEW | |
| 25 | PDD | Pdd Holdings Inc | Stock-Consumer Disc | 0.34% | +0.03% | — | |
| 26 | ✓ | Stock-Other | 0.32% | +0.32% | NEW | ||
| 27 | OXY | Occidental Petroleum CORP | Stock-Energy | 0.32% | +0.05% | — | |
| 28 | ✓ | Stock-Other | 0.29% | +0.29% | NEW | ||
| 29 | CDNS | Cadence Design Sys Inc | Stock-Tech | 0.28% | +0.28% | NEW | |
| 30 | UBER | Uber Technologies Inc | Stock-Industrials | 0.26% | — | — | |
| 31 | SNPS | Synopsys Inc | Stock-Tech | 0.26% | +0.26% | NEW | |
| 32 | NKE | Nike Inc -cl B | Stock-Consumer Disc | 0.10% | -0.01% | — | |
| 33 | TLT | Ishares 20+ Year Treasury Bd | ETF-Gov Bonds | 0.07% | -0.01% | — | |
| 34 | LULU | Lululemon Athletica Inc | Stock-Consumer Disc | 0.07% | -0.01% | — | |
| 35 | ADBE | Adobe Inc | Stock-Tech | 0.05% | +0.01% | — | |
| 36 | DEO | Diageo Plc-sponsored Adr | Stock-Consumer Staples | 0.04% | — | — | |
| 37 | DPZ | Domino's Pizza Inc | Stock-Consumer Disc | 0.03% | — | — | |
| 38 | XLE | Ss Energy Select Sector | ETF-Other | 0.02% | — | — |
💡
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 Q4 2026
+0.1%
Performance Last 4 Quarters
-7.7%
- Stdev
- +55.8%
- Beta
- +2.26
- Alpha
- -20.1%
- Max Drawdown
- -33.8%
- Annualized Perf
- +5.6%
- Batting Avg vs S&P
- +40%
- Sortino
- +0.61
- Stutzer
- +0.11
- Treynor
- +0.09
- Sterling
- +0.15
- Calmar
- +0.17
- Information Ratio
- +0.04
- Tracking Error
- +50.4%
- Stdev Down
- +32.6%
- Winning Months %
- +50%
- Losing Months %
- +50%
- Best 12 Months
- +47.2%
- Worst 12 Months
- -24.8%
- Efficiency Ratio
- +0.04
- Sharpe
- +0.36
- Stdev Sectors
- +18.6%
- Skewness
- +0.47
- Kurtosis
- +0.53
- Upside Potential
- +2.47
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 2026-09-30: Sold out: Sandisk CORP (SNDK); New buy: Meta Platforms Inc-class A (META); Sold out: Astera Labs Inc (ALAB); Sold out: Advanced Micro Devices (AMD); New buy: Credo Technology Group Holding Ltd (CRDO).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | META | Meta Platforms Inc-class A | +14.1% | NEW | New buy |
| 2 | GOOGL | Alphabet Inc-cl A | +8.9% | +13435.00% | Add |
| 3 | CRDO | Credo Technology Group Holding Ltd | +8.6% | NEW | New buy |
| 4 | HOOD | Robinhood Markets Inc - A | +8.2% | NEW | New buy |
| 5 | LITE | Lumentum Holdings Inc | +7.4% | +827.66% | Add |
| 6 | INTW | Granite 2x Long Intc ETF | +7.4% | NEW | New buy |
| 7 | ETHU | 2x Ether ETF | +7.1% | NEW | New buy |
| 8 | ANET | Arista Networks Inc | +5.7% | NEW | New buy |
| 9 | ✓ | Bitdeer Technologies Group | +3.2% | NEW | New buy |
| 10 | ✓ | +1.2% | NEW | New buy | |
| 11 | AMZN | Amazon.com Inc | +0.7% | +594.00% | Add |
| 12 | ✓ | +0.5% | NEW | New buy | |
| 13 | DNA | Ginkgo Bioworks Holdings Inc | +0.5% | NEW | New buy |
| 14 | ORCL | Oracle CORP | +0.5% | NEW | New buy |
| 15 | BSX | Boston Scientific CORP | +0.4% | NEW | New buy |
| 16 | MSFT | Microsoft CORP | +0.4% | +780.00% | Add |
| 17 | ✓ | +0.3% | NEW | New buy | |
| 18 | ✓ | +0.3% | NEW | New buy | |
| 19 | CDNS | Cadence Design Sys Inc | +0.3% | NEW | New buy |
| 20 | SNPS | Synopsys Inc | +0.3% | NEW | New buy |
| 21 | OXY | Occidental Petroleum CORP | +0.1% | — | Unchanged |
| 22 | PDD | Pdd Holdings Inc | 0% | — | Unchanged |
| 23 | GOOG | Alphabet Inc-cl C | 0% | — | Unchanged |
| 24 | ADBE | Adobe Inc | 0% | — | Unchanged |
| 25 | UBER | Uber Technologies Inc | — | — | Unchanged |
| 26 | XLE | Ss Energy Select Sector | — | — | Unchanged |
| 27 | DEO | Diageo Plc-sponsored Adr | — | — | Unchanged |
| 28 | DPZ | Domino's Pizza Inc | — | — | Unchanged |
| 29 | IEF | Ishares 7-10 Year Treasury B | 0% | — | Unchanged |
| 30 | NKE | Nike Inc -cl B | 0% | — | Unchanged |
| 31 | LULU | Lululemon Athletica Inc | 0% | — | Unchanged |
| 32 | TLT | Ishares 20+ Year Treasury Bd | 0% | — | Unchanged |
| 33 | MPTI | M-tron Industries Inc | -0.5% | -40.70% | Trim |
| 34 | TWLO | Twilio Inc - A | -0.8% | EXIT | Sold out |
| 35 | MU | Micron Technology Inc | -4.6% | -39.62% | Trim |
| 36 | AMAT | Applied Materials Inc | -4.7% | -80.48% | Trim |
| 37 | BE | Bloom Energy Corp- A | -6.8% | -89.27% | Trim |
| 38 | MRVL | Marvell Technology Inc | -8.6% | -44.65% | Trim |
| 39 | AMD | Advanced Micro Devices | -10.1% | EXIT | Sold out |
| 40 | ALAB | Astera Labs Inc | -12.6% | EXIT | Sold out |
| 41 | INTC | Intel CORP | -13.5% | -89.70% | Trim |
| 42 | SNDK | Sandisk CORP | -13.7% | EXIT | Sold out |
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 (2026-09-30), the firm manages a tracked equity portfolio valued at approximately $104.0M, spread across 38 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. Meta Platforms Inc-class A (META) — $14.6M (14.1%)
2. Marvell Technology Inc (MRVL) — $9.6M (9.2%)
3. Alphabet Inc-cl A (GOOGL) — $9.3M (8.9%)
4. Credo Technology Group Holding Ltd (CRDO) — $9.0M (8.6%)
5. Robinhood Markets Inc - A (HOOD) — $8.5M (8.2%)
What changes did Q Fund Management make in its most recent portfolio filing?
In the latest reported quarter, Q Fund Management made 30 notable position adjustments: 16 new positions were initiated, 4 existing holdings were added to, 6 positions were partially reduced, and 4 were completely exited. The largest of these moves: Sold out: Sandisk CORP (SNDK); New buy: Meta Platforms Inc-class A (META); Sold out: Astera Labs Inc (ALAB); Sold out: Advanced Micro Devices (AMD); New buy: Credo Technology Group Holding Ltd (CRDO)
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: 54.5%
• Communication Services: 30.8%
• Financials: 10.6%
• Consumer Discretionary: 1.8%
• Industrials: 1.4%
• Health Care: 0.5%
Investment Profile
Q Fund Management returned an annualized 5.6% over the trailing 20 months — underperforming the S&P 500 by 20.1 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 2.26 (more volatile than the market) and a 40% quarterly batting average against the index.
Its portfolio is broadly diversified and fast-trading, with 54.5% 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.
It has added to its MSFT position over the past two quarters (+$414.3K, now $451.4K), while trimming GOOG over the same stretch (-$22.2M, still holding $681.5K).
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Developer Access
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