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Long Focus Capital Management, LLC

SEC Form 13F institutional filer · CIK 0001602716

13F-HR · 24 reported holdings · 2026-03-31

SEC-registered institutional investment manager.

Reported long-US-equity value

$0.93B

Top-10 concentration

73.5%

Long Focus Capital Management, LLC — $928M AUM allocation strategy

Long Focus Capital Management, LLC files SEC Form 13F and reports $928M of long US equity value across 24 reported holdings for 2026-03-31.

Its largest sector bet is Health Care 25.5%, followed by Communication Services 22.5% and Consumer Discretionary 20.6%.

The top 10 holdings account for 74% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

Long Focus Capital Management, LLC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$928M

total across 24 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

74% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$AMZN$APO$BLDR

+$AMZN +491K sh · +$97.5M+$APO +465K sh · +$51.2M+$BLDR +144K sh · +$4.97M

Biggest trims (shares)

$CNC$C$ELV

−$CNC −117K sh · −$21M−$C −59.6K sh · −$7.09M−$ELV −30.1K sh · −$12.3M

Added from nil (new positions)

$DIS$MSFT$KKR$UBER$RL

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$PYPL

$PYPL ($97.6M last qtr)

Sector allocation (share of reported value)

Health Care 26%Communication Services 22%Consumer Discretionary 21%Financials 14%Industrials 9%Information Technology 7%Other holdings 2%SECTORS
  • $XLVHealth Care25.5%
  • $XLCCommunication Services22.5%
  • $XLYConsumer Discretionary20.6%
  • $XLFFinancials13.5%
  • $XLIIndustrials8.5%
  • $XLKInformation Technology7.5%
  • Other holdings1.8%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Managed Health Care 19%Cable & Satellite 17%Broadline Retail 16%Asset Management & Custody Banks 11%Health Care Services 7%Movies & Entertainment 6%Systems Software 6%Building Products 4%Other holdings 16%INDUSTRIES
  • Managed Health Care18.6%
  • Cable & Satellite16.6%
  • Broadline Retail15.8%
  • Asset Management & Custody Banks10.7%
  • Health Care Services6.9%
  • Movies & Entertainment5.9%
  • Systems Software5.7%
  • Building Products4.2%
  • Other holdings15.7%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$AMZNAmazon.com Inc704K$147M+491K15.8%
$CHTRCharter Communications Inc. Class A Common Stock New415K$89.6M-12K9.7%
$CMCSAComcast Corporation2.24M$64.3M+06.9%
$CVSCVS Health Corporation894K$64.2M+54K6.9%
$CNCCentene Corporation1.93M$63.1M-117K6.8%
$DISWalt Disney Company565K$54.5M5.9%
$APOApollo Global Management Inc484K$53.9M+465K5.8%
$UNHUnitedHealth Group Incorporated188K$50.9M+66.3K5.5%
$HUMHumana Inc285K$49.4M+116K5.3%
$MSFTMicrosoft Corporation124K$45.9M4.9%

…and 14 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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