13FPulse
← All fund report cards

Man Group plc

13F equity value
$54.6B
Positions
2,032
Top 10 concentration
18.7%
Quarters / total new picks
32 / 5,318
13F equity value over time
$0M$27B$55B201820192020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 32 quarters, returned +1.6% per quarter — versus +1.6% per quarter from simply owning every 13F stock. It beat that baseline in only 50.0% of quarters (excess t = 0.34, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+0.2%
t-stat
0.34
Quarterly win rate
50%
Annualized excess
-0.8%
$1 → follow vs universe
$1.40 vs $1.48
Cumulative return: $1 invested in new picks vs universe
1.00 0.70 1.15 1.60 201820192020202120222023202420252026 Follow Universe

Quarterly compounding, invested quarters only · entry after the actual SEC deadline plus a 2-day buffer

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 2032 · 2026 Q2

Ticker Value Weight QoQ
NVDA $2.2B
4.0%
ADD +8%
AAPL $1.9B
3.5%
ADD +10%
AMZN $1.0B
1.9%
ADD +17%
MSFT $1.0B
1.9%
TRIM −19%
GOOGL $879M
1.6%
TRIM −19%
SPY $856M
1.6%
NEW
AVGO $789M
1.4%
HOLD
MU $533M
1.0%
TRIM −17%
TSM $527M
1.0%
HOLD
GOOG $488M
0.9%
TRIM −15%
META $483M
0.9%
TRIM −19%
LLY $478M
0.9%
TRIM −6%
MA $471M
0.9%
ADD +21%
AMD $454M
0.8%
HOLD
APH $437M
0.8%
ADD +29%
ABBV $429M
0.8%
TRIM −4%
COST $410M
0.8%
ADD +22%
C $370M
0.7%
ADD +63%
V $370M
0.7%
ADD +74%
JPM $365M
0.7%
TRIM −4%

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q2

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry is the first trading session after the actual SEC filing deadline plus a 2-day buffer. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.