13F
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Standard Investments LLC

13F equity value
$1.7B
Positions
11
Top 10 concentration
100.0%
Quarters / total new picks
23 / 41
13F equity value over time
$0M$2B$4B2017201820192020202120222023202420252026

"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 23 quarters, returned +5.0% per quarter — versus +3.4% per quarter from simply owning every 13F stock. It beat that baseline in only 52.2% of quarters (excess t = 0.76, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+3.6%
t-stat
0.76
Quarterly win rate
52%
Annualized excess
+4.7%
$1 → follow vs universe
$2.49 vs $1.97
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180630: universe 0.95920190930: universe 1.03120200331: universe 1.24320200630: universe 1.37320200930: universe 1.68420210331: universe 1.69920210630: universe 1.83520210930: universe 1.64720211231: universe 1.40120220331: universe 1.50520220630: universe 1.39420220930: universe 1.49720230331: universe 1.57820230630: universe 1.52120231231: universe 1.58920240331: universe 1.62520240630: universe 1.77220240930: universe 1.75720241231: universe 1.64020250630: universe 1.69120250930: universe 1.90220251231: universe 1.968 20180331: follow 0.95120180630: follow 1.03820190930: follow 1.20320200331: follow 1.22720200630: follow 1.10120200930: follow 1.40420210331: follow 1.43220210630: follow 1.46920210930: follow 1.35220211231: follow 1.76820220331: follow 1.40020220630: follow 1.25920220930: follow 1.34820230331: follow 1.96120230630: follow 1.97620231231: follow 1.69220240331: follow 1.66520240630: follow 1.92720240930: follow 2.12520241231: follow 2.28820250630: follow 2.43120250930: follow 2.58620251231: follow 2.487 0.87 1.83 2.79 20182019202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

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

Top 10 holdings of 11 · 2026 Q1

Ticker Value Weight QoQ
AMZN $369M
21.7%
ADD
PTC $258M
15.2%
HOLD
MSFT $230M
13.5%
ADD
SHEL $228M
13.4%
TRIM
ADSK $202M
11.9%
HOLD
ASH $146M
8.6%
HOLD
NOW $114M
6.7%
ADD
NGG $84M
4.9%
TRIM
EVCM $70M
4.1%
HOLD
ACHR/WS $116708
0.0%
HOLD

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 Q1

None.

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 47 days after quarter-end — the first day the public could act on the filing. 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.