13F
中
← All fund report cards

Vantage Investment Partners, LLC

13F equity value
$1.4B
Positions
64
Top 10 concentration
42.2%
Quarters / total new picks
30 / 112
13F equity value over time
$0M$1B$2B2017201820192020202120222023202420252026

"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 30 quarters, returned +6.9% per quarter — versus +2.6% per quarter from simply owning every 13F stock. It beat that baseline in only 56.7% of quarters (excess t = 0.74, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+3.1%
t-stat
0.74
Quarterly win rate
57%
Annualized excess
+15.6%
$1 → follow vs universe
$5.25 vs $1.93
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180630: universe 0.95920180930: universe 1.00320181231: universe 0.99220190331: universe 0.97520190630: universe 1.04820190930: universe 1.12720191231: universe 0.90920200331: universe 1.09620200630: universe 1.21120200930: universe 1.48520210331: universe 1.49820210630: universe 1.61820210930: universe 1.45220211231: universe 1.23620220331: universe 1.32720220630: universe 1.22920220930: universe 1.32120221231: universe 1.22720230331: universe 1.29220230630: universe 1.24620230930: universe 1.41420231231: universe 1.47820240331: universe 1.51120240630: universe 1.64820240930: universe 1.63420241231: universe 1.52520250331: universe 1.66220250630: universe 1.71520250930: universe 1.928 20180331: follow 1.07520180630: follow 1.00020180930: follow 0.97820181231: follow 1.09720190331: follow 1.21120190630: follow 1.39120190930: follow 1.64020191231: follow 2.17020200331: follow 2.50820200630: follow 2.78420200930: follow 3.21620210331: follow 2.90820210630: follow 3.00720210930: follow 2.44520211231: follow 1.62520220331: follow 1.65520220630: follow 2.07320220930: follow 2.77920221231: follow 3.09120230331: follow 3.23520230630: follow 3.27020230930: follow 3.16220231231: follow 2.35520240331: follow 2.53420240630: follow 2.91720240930: follow 2.85820241231: follow 3.27020250331: follow 3.37120250630: follow 4.58320250930: follow 5.255 0.84 3.26 5.68 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 20 holdings of 64 · 2026 Q1

Ticker Value Weight QoQ
GOOG $105M
7.3%
HOLD
UNH $82M
5.6%
TRIM
WSO $63M
4.3%
ADD
EQT $59M
4.1%
TRIM
MSFT $55M
3.8%
ADD
NOC $52M
3.6%
HOLD
WAB $51M
3.5%
TRIM
CPAY $50M
3.4%
ADD
NVDA $49M
3.4%
HOLD
ASML $46M
3.2%
TRIM
LLY $44M
3.0%
TRIM
TSM $43M
3.0%
ADD
AAPL $43M
3.0%
HOLD
AMZN $42M
2.9%
HOLD
ORLY $40M
2.7%
HOLD
META $39M
2.7%
ADD
BRK/B $37M
2.5%
ADD
CMG $35M
2.4%
TRIM
BKNG $34M
2.3%
NEW
UBER $33M
2.3%
NEW

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

BABKNGETNUBER

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.