Share Andrew L.

CIK 0001693672 · Q1 2026

13F Equity AUM

$214.3M

+8.3% QoQ

Positions

-2 QoQ

AUM Rank

#7,117

Top 57%

Skill Alpha (FF)

+2.2%/yr^ns

No Clear Edge

Rank #1,091 · Top 13%

vs S&P -17.6%/yr (unadj.)

Quarters Tracked

~9 years

Portfolio Concentration

Top 5: 98.5%Top 10: 99.3%Top 20: 100.0%

EQT56.7%

SEGXX32.7%

NPWR7.1%

CRK1.3%

NPWR/WS0.7%

GRID0.2%

FDEC0.2%

KNG0.2%

ZALT0.1%

QQQM0.1%

Others (6)0.7%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Energy58.0%

Fund32.7%

Industrials7.1%

Other2.2%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 16Median: 0.15%Avg: 6.25%

0–0.5%

11(1.5%)

0.5–1%

1(0.7%)

1–3%

1(1.3%)

3–5%

0(0.0%)

5%+

3(96.5%)

Count of positions per weight bucket — (%) = combined portfolio weight

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Portfolio Overlap

Shared: 8Unique: 8vs 20 funds

0.1%Low

Fund positions

7,299

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Most Similar Funds

Top 9 benchmark funds with highest portfolio overlap (Jaccard similarity)

MORGAN STANLEY

0.1%

JPMORGAN CHASE & CO

0.1%

BANK OF AMERICA CORP /DE/

0.1%

BlackRock, Inc.

0.1%

FMR LLC

0.2%

VANGUARD CAPITAL MANAGEMENT LLC

0.1%

GEODE CAPITAL MANAGEMENT, LLC

0.1%

STATE STREET CORP

0.1%

VANGUARD PORTFOLIO MANAGEMENT LLC

0.1%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

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Position Changes This Quarter

New0Increased1Decreased0Exited2

Increased

SEGXX32.7%

+6.2M(+10%)

Exited

BDEC

-4,500

QDEC

-6,300

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

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Holdings

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