13F
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Vident Advisory, LLC

13F equity value
$11.7B
Positions
1,835
Top 10 concentration
22.3%
Quarters / total new picks
9 / 1,090
13F equity value over time
$0M$6B$12B2023202420252026

"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 9 quarters, returned +3.7% per quarter — versus +4.0% per quarter from simply owning every 13F stock. It beat that baseline in only 44.4% of quarters (excess t = -0.08, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
-0.1%
t-stat
-0.08
Quarterly win rate
44%
Annualized excess
-1.8%
$1 → follow vs universe
$1.36 vs $1.41
Cumulative return: $1 invested in new picks vs universe
1.00 20231231: universe 1.04520240331: universe 1.06820240630: universe 1.16520240930: universe 1.15520241231: universe 1.07820250331: universe 1.17520250630: universe 1.21220250930: universe 1.36320251231: universe 1.410 20231231: follow 1.06420240331: follow 1.10420240630: follow 1.21720240930: follow 1.19620241231: follow 1.08820250331: follow 1.16920250630: follow 1.19320250930: follow 1.29420251231: follow 1.363 0.92 1.22 1.52 202320242025 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 1835 · 2026 Q1

Ticker Value Weight QoQ
NVDA $584M
5.0%
ADD
MSFT $303M
2.6%
ADD
GOOGL $254M
2.2%
ADD
AMZN $245M
2.1%
ADD
AAPL $237M
2.0%
ADD
PLTR $229M
1.9%
ADD
PANW $201M
1.7%
ADD
CSCO $192M
1.6%
ADD
META $191M
1.6%
ADD
TSLA $184M
1.6%
ADD
AVGO $171M
1.5%
ADD
CRWD $169M
1.4%
ADD
LMT $162M
1.4%
TRIM
TSM $159M
1.4%
TRIM
NOC $158M
1.4%
ADD
RTX $157M
1.3%
HOLD
GD $143M
1.2%
ADD
V $129M
1.1%
ADD
LHX $127M
1.1%
HOLD
BRK/B $108M
0.9%
ADD

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

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.