Seldon Capital LP

Diversified strategySector-focusedContrarian

Total reported value

$272.0M

Reporting period: 2026-03-31 · Number of holdings: 65

SELDON CAPITAL LP disclosed 65 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $272.0M and a quarterly turnover rate of 51.8%.

Personality snowflake

Concentration: 17.17
Portfolio Stability: 51.8
Momentum/Contrarian: 0
Sector conviction: 100
Diversification: 100
Sizing Uniformity: 86.52

Recent moves

Trim VT
-64.6%　-$19.6M
Trim ECH
-67.4%　-$9.3M
Trim VSXY
-95.2%　-$8.1M
Trim TLN
-21.3%　-$8.7M
Trim PAM
-54.7%　-$6.9M
Trim CLS
-24.4%　-$7.7M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	BSY	Bentley Systems Inc-class B	Stock-Tech	10.24%	+10.24%	NEW
2	CLS	Celestica INC	Stock-Tech	7.33%	-2.25%	-24.40%
3	TLN	Talen Energy CORP	Stock-Utilities	6.55%	-2.65%	-21.26%
4	SQM	Quimica Y Minera Chil-sp Adr	Stock-Other	5.65%	+0.39%	-13.98%
5	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	5.17%	+0.09%	—
6	✓	Lithium Argentina AG	Stock-Other	4.57%	+0.42%	-13.51%
7	EQT	Eqt CORP	Stock-Energy	4.13%	+1.86%	+44.47%
8	VDC	Vanguard Consumer Staple ETF	ETF-Other	3.93%	+0.45%	—
9	VT	Vanguard Tot World Stk ETF	ETF-Other	3.84%	-6.57%	-64.55%
10	INTC	Intel CORP	Stock-Tech	3.67%	+0.78%	—
11	NU	Nu Holdings Ltd.	Stock-Financials	3.56%	-0.30%	+1.19%
12	VEA	Vanguard Ftse Developed ETF	ETF-Other	3.51%	+0.29%	—
13	TER	Teradyne INC	Stock-Tech	2.98%	+0.48%	-26.91%
14	SFD	Smithfield Foods INC	Stock-Other	2.83%	+1.96%	+144.95%
15	HUYA	Huya Inc-adr	Stock-Other	2.76%	+2.76%	NEW
16	AAPL	Apple INC	Stock-Tech	2.17%	-0.02%	—
17	PAM	Pampa Energia Sa-spon Adr	Stock-Other	2.10%	-2.26%	-54.66%
18	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	2.08%	+0.15%	—
19	CF	Cf Industries Holdings INC	Stock-Materials	1.99%	+1.99%	NEW
20	PDD	Pdd Holdings INC	Stock-Consumer Disc	1.90%	+0.01%	+4.84%
21	VRT	Vertiv Holdings Co-a	Stock-Industrials	1.78%	+0.76%	+6.64%
22	FSLY	Fastly INC - Class A	Stock-Tech	1.62%	+1.62%	NEW
23	ECH	Ishares Msci Chile ETF	ETF-Other	1.61%	-3.12%	-67.44%
24	NVDA	Nvidia CORP	Stock-Tech	1.14%	-0.01%	—
25	GBTC	Grayscale Bitcoin Trust ETF	ETF-Crypto	1.09%	-0.43%	-12.63%
26	FCNCA	First Citizens Bcshs -cl A	Stock-Financials	0.99%	-1.01%	-46.85%
27	EFV	Ishares Msci Eafe Value ETF	ETF-Other	0.85%	+0.08%	—
28	LXU	Lsb Industries INC	Stock-Other	0.84%	+0.84%	NEW
29	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.82%	-0.02%	—
30	MSFT	Microsoft CORP	Stock-Tech	0.70%	-0.16%	—
31	IEMG	Ishares Core Msci Emerging	ETF-Emerging Markets	0.67%	+0.06%	—
32	BND	Vanguard Total Bond Market	ETF-Other	0.58%	—	—
33	VWO	Vanguard Ftse Emerging Marke	ETF-Emerging Markets	0.54%	—	—
34	ASHR	Xtrackers Harvest Csi 300 Ch	ETF-Other	0.53%	—	—
35	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.47%	+0.08%	—
36	AMZN	Amazon.com INC	Stock-Consumer Disc	0.41%	-0.02%	—
37	U	Unity Software INC	Stock-Tech	0.40%	-0.83%	-39.25%
38	TIP	Ishares Tips Bond ETF	ETF-Other	0.35%	—	—
39	AVDV	Avantis Intl S/c Value ETF	ETF-Other	0.29%	—	—
40	META	Meta Platforms Inc-class A	Stock-Comm Services	0.29%	-0.03%	—
41	AVGO	Broadcom INC	Stock-Tech	0.22%	-0.01%	—
42	V	Visa Inc-class A Shares	Stock-Financials	0.17%	-0.01%	—
43	IGM	Ishares Expanded Tech Sector	ETF-Tech	0.16%	—	—
44	JNJ	Johnson & Johnson	Stock-Healthcare	0.15%	—	—
45	ITOT	Ishares Core S&p Total U.s.	ETF-Other	0.15%	—	—
46	BTC	Grayscale Bitcoin Mini ETF	ETF-Crypto	0.15%	-0.03%	—
47	AU	AngloGold Ashanti plc	Stock-Materials	0.14%	—	—
48	AMAT	Applied Materials INC	Stock-Tech	0.14%	+0.04%	—
49	CWB	Ss Spdr Bb Conv Sec ETF	ETF-Other	0.14%	—	—
50	LLY	Eli Lilly & Co	Stock-Healthcare	0.14%	—	—

1–50 of 65

Portfolio Performance

Performance for Q3 2026

-3.5%

Performance Last 4 Quarters

+28.9%

Based on 71% of reported portfolio value with available pricing

Stdev: +20.2%
Beta: +1.18
Alpha: +3.9%
Max Drawdown: -13.5%
Annualized Perf: +26.6%
Batting Avg vs S&P: +58.3%
Sortino: +2.85
Stutzer: +0.38
Treynor: +0.22
Sterling: +1.39
Calmar: +1.96
Information Ratio: +0.55
Tracking Error: +13.2%
Stdev Down: +9%
Winning Months %: +63.9%
Losing Months %: +36.1%
Best 12 Months: +77%
Worst 12 Months: +7.1%
Efficiency Ratio: +0.59
Sharpe: +1.27
Stdev Sectors: +16%
Skewness: +0.45
Kurtosis: +0.03
Upside Potential: +4.65

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	65	$272.0M	52	1BSY 2CLS 3TLN Top holdings2026-03-31 1.BSY 2.CLS 3.TLN 4.SQM 5.VTI 6.H5012F 7.EQT 8.VDC 9.VT 10.INTC
2025-12-31	65	$288.8M	31	1VT 2CLS 3TLN Top holdings2025-12-31 1.VT 2.CLS 3.TLN 4.SQM 5.VTI 6.ECH 7.PAM 8.H5012F 9.NU 10.VDC
2025-09-30	70	$284.5M	60	1TLN 2VT 3CLS Top holdings2025-09-30 1.TLN 2.VT 3.CLS 4.VTI 5.ECH 6.NU 7.VDC 8.SQM 9.VEA 10.RDDT
2025-06-30	67	$230.2M	0	1VT 2TLN 3CLS Top holdings2025-06-30 1.VT 2.TLN 3.CLS 4.VTI 5.NU 6.AS 7.VDC 8.ECH 9.EQT 10.VEA
2025-03-31	58	$158.9M	0	1CLS 2TLN 3VTI Top holdings2025-03-31 1.CLS 2.TLN 3.VTI 4.VDC 5.VT 6.VEA 7.RDDT 8.EQT 9.PDD 10.AAPL
2024-12-31	67	$244.3M	0	1RDDT 2CLS 3TLN Top holdings2024-12-31 1.RDDT 2.CLS 3.TLN 4.VTI 5.VRT 6.VDC 7.LULU 8.VT 9.VEA 10.MSFT
2024-09-30	65	$177.3M	0	1RDDT 2VTI 3TLN Top holdings2024-09-30 1.RDDT 2.VTI 3.TLN 4.CLS 5.VDC 6.VRT 7.VT 8.VEA 9.MSFT 10.PDD
2024-06-30	61	$183.1M	0	1RDDT 2VRT 3VTI Top holdings2024-06-30 1.RDDT 2.VRT 3.VTI 4.CLS 5.EDU 6.VDC 7.TME 8.VT 9.VEA 10.MSFT
2024-03-31	58	$165.1M	0	1VRT 2RDDT 3VTI Top holdings2024-03-31 1.VRT 2.RDDT 3.VTI 4.EDU 5.CLSEUR 6.VDC 7.VT 8.VEA 9.TME 10.MSFT
2023-12-31	54	$137.8M	0	1VTI 2VRT 3EDU Top holdings2023-12-31 1.VTI 2.VRT 3.EDU 4.VDC 5.VT 6.U 7.VEA 8.PDD 9.CLSEUR 10.TSLA
2023-09-30	52	$116.3M	0	1VTI 2VDC 3EDU Top holdings2023-09-30 1.VTI 2.VDC 3.EDU 4.VRT 5.MNSO 6.TSLA 7.VT 8.VEA 9.SGML 10.MSFT
2023-06-30	53	$107.5M	0	1VTI 2VDC 3SGML Top holdings2023-06-30 1.VTI 2.VDC 3.SGML 4.MSFT 5.TSLA 6.VEA 7.EDU 8.MNSO 9.AAPL 10.IEFA
2023-03-31	45	$99.9M	0	1VTI 2DTM 3VDC Top holdings2023-03-31 1.VTI 2.DTM 3.VDC 4.SGML 5.VEA 6.EDU 7.CIBEUR 8.MNSO 9.IEFA 10.AAPL
2022-12-31	260	$115.7M	0	1DTM 2VTI 3VDC Top holdings2022-12-31 1.DTM 2.VTI 3.VDC 4.CIBEUR 5.VT 6.VEA 7.SGML 8.EDU 9.BAP 10.PDD
2022-09-30	274	$140.1M	0	1VTI 2DTM 3TSEM Top holdings2022-09-30 1.VTI 2.DTM 3.TSEM 4.VDC 5.CIBEUR 6.OLLI 7.VT 8.EDU 9.VEA 10.LTHM1EUR
2022-06-30	288	$172.9M	0	1MCHI 2VTI 3BAP Top holdings2022-06-30 1.MCHI 2.VTI 3.BAP 4.TSEM 5.VDC 6.N70544 7.AMD 8.DTM 9.CIBEUR 10.VT
2022-03-31	291	$170.0M	0	1VTI 2TIP 3MCHI Top holdings2022-03-31 1.VTI 2.TIP 3.MCHI 4.TSEM 5.VDC 6.CIBEUR 7.N70544 8.VT 9.VEA 10.ASYS
2021-12-31	290	$155.5M	0	1VTI 2TIP 3VDC Top holdings2021-12-31 1.VTI 2.TIP 3.VDC 4.VEA 5.VT 6.AMD 7.N70544 8.CIBEUR 9.ASYS 10.IEFA

Holding changes this quarter

Seldon Capital LP's most significant position changes for 2026-03-31: New buy: Bentley Systems Inc-class B (BSY); New buy: Huya Inc-adr (HUYA); New buy: Cf Industries Holdings INC (CF); New buy: Fastly INC - Class A (FSLY); Sold out: Reddit Inc-cl A (RDDT).

Position changes disclosed by Seldon Capital LP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	SFD	Smithfield Foods INC	+2%	+144.95%	Add
2	EQT	Eqt CORP	+1.9%	+44.47%	Add
3	INTC	Intel CORP	+0.8%	—	Unchanged
4	VRT	Vertiv Holdings Co-a	+0.8%	+6.64%	Add
5	TER	Teradyne INC	+0.5%	-26.91%	Trim
6	VDC	Vanguard Consumer Staple ETF	+0.5%	—	Unchanged
7	✓	Lithium Argentina AG	+0.4%	-13.51%	Trim
8	SQM	Quimica Y Minera Chil-sp Adr	+0.4%	-13.98%	Trim
9	VEA	Vanguard Ftse Developed ETF	+0.3%	—	Unchanged
10	IEFA	Ishares Core Msci Eafe ETF	+0.2%	—	Unchanged
11	VTI	Vanguard Total Stock Mkt ETF	+0.1%	—	Unchanged
12	TSM	Taiwan Semiconductor-sp Adr	+0.1%	—	Unchanged
13	EFV	Ishares Msci Eafe Value ETF	+0.1%	—	Unchanged
14	IEMG	Ishares Core Msci Emerging	+0.1%	—	Unchanged
15	AMAT	Applied Materials INC	0%	—	Unchanged
16	LRCX	Lam Research CORP	0%	—	Unchanged
17	PDD	Pdd Holdings INC	0%	+4.84%	Add
18	NVDA	Nvidia CORP	0%	—	Unchanged
19	V	Visa Inc-class A Shares	0%	—	Unchanged
20	AVGO	Broadcom INC	0%	—	Unchanged
21	AAPL	Apple INC	0%	—	Unchanged
22	GOOGL	Alphabet Inc-cl A	0%	—	Unchanged
23	AMZN	Amazon.com INC	0%	—	Unchanged
24	META	Meta Platforms Inc-class A	0%	—	Unchanged
25	BTC	Grayscale Bitcoin Mini ETF	0%	—	Unchanged
26	ORCL	Oracle CORP	0%	—	Unchanged
27	MSFT	Microsoft CORP	-0.2%	—	Unchanged
28	NU	Nu Holdings Ltd.	-0.3%	+1.19%	Add
29	GBTC	Grayscale Bitcoin Trust ETF	-0.4%	-12.63%	Trim
30	U	Unity Software INC	-0.8%	-39.25%	Trim
31	FCNCA	First Citizens Bcshs -cl A	-1%	-46.85%	Trim
32	MUFG	Mitsubishi Ufj Finl-spon Adr	-1.2%	-95.19%	Trim
33	CLS	Celestica INC	-2.3%	-24.40%	Trim
34	PAM	Pampa Energia Sa-spon Adr	-2.3%	-54.66%	Trim
35	TLN	Talen Energy CORP	-2.7%	-21.26%	Trim
36	VSXY	Victoria's Secret & Co	-2.8%	-95.18%	Trim
37	ECH	Ishares Msci Chile ETF	-3.1%	-67.44%	Trim
38	VT	Vanguard Tot World Stk ETF	-6.6%	-64.55%	Trim
39	BSY	Bentley Systems Inc-class B	—	NEW	New buy
40	HUYA	Huya Inc-adr	—	NEW	New buy
41	CF	Cf Industries Holdings INC	—	NEW	New buy
42	FSLY	Fastly INC - Class A	—	NEW	New buy
43	RDDT	Reddit Inc-cl A	—	EXIT	Sold out
44	LXU	Lsb Industries INC	—	NEW	New buy
45	ACMR	Acm Research Inc-class A	—	EXIT	Sold out
46	INTU	Intuit INC	—	EXIT	Sold out
47	BSAC	Banco Santander-chile-adr	—	EXIT	Sold out
48	UNH	Unitedhealth Group INC	—	EXIT	Sold out
49	MRK	Merck & Co. INC.	—	NEW	New buy
50	CRH	CRH plc	—	EXIT	Sold out

FAQ

What is Seldon Capital LP and what type of investor is it?

Seldon Capital LP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $272.0M, spread across 65 disclosed positions.

What are Seldon Capital LP's largest equity positions?

Based on the latest 13F filing, Seldon Capital LP's top holdings by market value are: 1. Bentley Systems Inc-class B (BSY) — $27.9M (10.2%) 2. Celestica INC (CLS) — $19.9M (7.3%) 3. Talen Energy CORP (TLN) — $17.8M (6.5%) 4. Quimica Y Minera Chil-sp Adr (SQM) — $15.4M (5.7%) 5. Vanguard Total Stock Mkt ETF (VTI) — $14.1M (5.2%)

What changes did Seldon Capital LP make in its most recent portfolio filing?

In the latest reported quarter, Seldon Capital LP made 30 notable position adjustments: 6 new positions were initiated, 5 existing holdings were added to, 13 positions were partially reduced, and 6 were completely exited. The largest of these moves: New buy: Bentley Systems Inc-class B (BSY); New buy: Huya Inc-adr (HUYA); New buy: Cf Industries Holdings INC (CF); New buy: Fastly INC - Class A (FSLY); Sold out: Reddit Inc-cl A (RDDT)

What sectors does Seldon Capital LP focus on?

Seldon Capital LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 56.7% • Utilities: 11.8% • Financials: 9.0% • Energy: 7.5% • Consumer Discretionary: 4.6% • Materials: 3.9%