Kula Investments, LLC

Diversified strategyQuality / disciplined sizingLong-term holder

Total reported value

$405.5M

Reporting period: 2023-03-31 · Number of holdings: 576

Kula Investments, LLC disclosed 576 holdings in its latest 13F filing for the period ending 2023-03-31, with total reported value of $405.5M and a quarterly turnover rate of 0.0%.

Personality snowflake

Concentration: 1.2
Portfolio Stability: 0
Momentum/Contrarian: 50
Sector conviction: 35.33
Diversification: 100
Sizing Uniformity: 91.5

Recent moves

No holding changes this quarter

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	2.26%	—	+204.00%
2	WRB	Wr Berkley CORP	Stock-Financials	0.80%	—	+272.87%
3	GM	General Motors Co	Stock-Consumer Disc	0.75%	—	+112.27%
4	WU	Western Union Co	Stock-Financials	0.65%	—	+803.53%
5	NTAP	Netapp INC	Stock-Tech	0.59%	—	+397.84%
6	ALL	Allstate CORP	Stock-Financials	0.58%	—	—
7	HLT	Hilton Worldwide Holdings In	Stock-Consumer Disc	0.57%	—	+7.40%
8	COP	Conocophillips	Stock-Energy	0.57%	—	+185.76%
9	ABT	Abbott Laboratories	Stock-Healthcare	0.57%	—	—
10	GPC	Genuine Parts Co	Stock-Consumer Disc	0.56%	—	+665.42%
11	UNP	Union Pacific CORP	Stock-Industrials	0.55%	—	—
12	MAR	Marriott International -cl A	Stock-Consumer Disc	0.54%	—	+310.47%
13	MA	Mastercard INC - A	Stock-Financials	0.50%	—	—
14	JNJ	Johnson & Johnson	Stock-Healthcare	0.49%	—	—
15	LVS	Las Vegas Sands CORP	Stock-Consumer Disc	0.48%	—	—
16	IR	Ingersoll-rand INC	Stock-Industrials	0.48%	—	+86.95%
17	USB	US Bancorp	Stock-Financials	0.48%	—	+66.00%
18	NSC	Norfolk Southern CORP	Stock-Industrials	0.48%	—	—
19	PM	Philip Morris International	Stock-Consumer Staples	0.47%	—	—
20	ALLE	Allegion plc	Stock-Industrials	0.46%	—	—
21	SBUX	Starbucks CORP	Stock-Consumer Disc	0.46%	—	—
22	FLR	Fluor CORP	Stock-Industrials	0.46%	—	+246.27%
23	CNC	Centene CORP	Stock-Healthcare	0.43%	—	+836.35%
24	AMN	Amn Healthcare Services INC	Stock-Other	0.43%	—	+163.91%
25	CVS	Cvs Health CORP	Stock-Healthcare	0.42%	—	+12.15%
26	✓		Stock-Other	0.42%	—	+68.01%
27	CF	Cf Industries Holdings INC	Stock-Materials	0.41%	—	+235.83%
28	PYPL	Paypal Holdings INC	Stock-Financials	0.41%	—	+1.91%
29	SHW	Sherwin-williams Co/the	Stock-Materials	0.41%	—	—
30	MTCH	Match Group INC	Stock-Comm Services	0.40%	—	—
31	GTM	Zoominfo Technologies INC	Stock-Tech	0.40%	—	—
32	KO	The Coca-Cola Company	Stock-Consumer Staples	0.40%	—	+37.34%
33	ARCC	Ares Capital CORP	Stock-Financials	0.39%	—	—
34	VRSN	Verisign INC	Stock-Tech	0.39%	—	—
35	INCY	Incyte CORP	Stock-Healthcare	0.39%	—	+603.02%
36	PARR	Par Pacific Holdings INC	Stock-Energy	0.38%	—	+52.12%
37	VFC	Vf CORP	Stock-Consumer Disc	0.38%	—	+89.89%
38	WMT	Walmart INC	Stock-Consumer Staples	0.38%	—	—
39	RNG	Ringcentral Inc-class A	Stock-Tech	0.38%	—	+193.27%
40	LEN	Lennar Corp-a	Stock-Consumer Disc	0.38%	—	—
41	CLVT	Clarivate Plc	Stock-Other	0.37%	—	-24.43%
42	AIN	Albany Intl Corp-cl A	Stock-Other	0.36%	—	+508.85%
43	PBF	Pbf Energy Inc-class A	Stock-Energy	0.36%	—	+146.17%
44	CUBE	Cubesmart	Stock-Real Estate	0.36%	—	—
45	TDOC	Teladoc Health INC	Stock-Healthcare	0.36%	—	+82.46%
46	SBAC	Sba Communications CORP	Stock-Real Estate	0.36%	—	—
47	FIS	Fidelity National Info Serv	Stock-Tech	0.34%	—	+298.91%
48	FLO	Flowers Foods INC	Stock-Consumer Staples	0.34%	—	—
49	ADM	Archer-daniels-midland Co	Stock-Consumer Staples	0.34%	—	—
50	AAT	American Assets Trust INC	Stock-Other	0.34%	—	—

1–50 of 576

Portfolio Performance

Performance for Q3 2026

+3.8%

Performance Last 4 Quarters

+17.7%

Based on 72% of reported portfolio value with available pricing

Stdev: +15.3%
Beta: +1
Alpha: -6.9%
Max Drawdown: -13.7%
Annualized Perf: +11%
Batting Avg vs S&P: +36.1%
Sortino: +1.32
Stutzer: +0.22
Treynor: +0.12
Sterling: +0.56
Calmar: +0.8
Information Ratio: -0.87
Tracking Error: +7.9%
Stdev Down: +8.8%
Winning Months %: +61.1%
Losing Months %: +38.9%
Best 12 Months: +30.1%
Worst 12 Months: -2.9%
Efficiency Ratio: +0.28
Sharpe: +0.76
Stdev Sectors: +4.9%
Skewness: +0.09
Kurtosis: -0.67
Upside Potential: +3.14

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2023-03-31	576	$405.5M	0	1SPY 2WRB 3GM Top holdings2023-03-31 1.SPY 2.WRB 3.GM 4.WU 5.NTAP 6.ALL 7.HLT 8.COP 9.ABT 10.GPC
2022-12-31	562	$339.6M	0	1WFC 2KO 3SPY Top holdings2022-12-31 1.WFC 2.KO 3.SPY 4.HLT 5.EQR 6.MDT 7.CVS 8.AIRCUSD 9.CLVT 10.BMY

Holding changes this quarter

Position changes disclosed by Kula Investments, LLC for the quarter ending 2023-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action

FAQ

What is Kula Investments, LLC and what type of investor is it?

Kula Investments, LLC 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 (2023-03-31), the firm manages a tracked equity portfolio valued at approximately $405.5M, spread across 576 disclosed positions.

What are Kula Investments, LLC's largest equity positions?

Based on the latest 13F filing, Kula Investments, LLC's top holdings by market value are: 1. Ss Spdr S&p 500 ETF Trust-us (SPY) — $9.2M (2.3%) 2. Wr Berkley CORP (WRB) — $3.3M (0.8%) 3. General Motors Co (GM) — $3.0M (0.8%) 4. Western Union Co (WU) — $2.6M (0.7%) 5. Netapp INC (NTAP) — $2.4M (0.6%)

What changes did Kula Investments, LLC make in its most recent portfolio filing?

No notable portfolio changes were recorded for Kula Investments, LLC in the most recent quarter. Holdings appear to have remained relatively stable.

What sectors does Kula Investments, LLC focus on?

Kula Investments, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 15.1% • Consumer Discretionary: 14.9% • Industrials: 14.5% • Financials: 13.8% • Health Care: 13.4% • Energy: 6.7%