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Diametric Capital, LP

SEC Form 13F institutional filer · CIK 0001719087

13F-HR · 52 reported holdings · 2026-03-31

Reported long-US-equity value

$0.05B

Top-10 concentration

47.6%

Diametric Capital, LP — $45.6M AUM allocation strategy

Diametric Capital, LP files SEC Form 13F and reports $45.6M of long US equity value across 52 reported holdings for 2026-03-31.

Its largest sector bet is Consumer Discretionary 18.3%, followed by Financials 14.5% and Communication Services 9.5%.

The top 10 holdings account for 48% of reported value — a broadly spread portfolio. 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.

Diametric Capital, LP — latest SEC 13F insights

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

$45.6M

total across 52 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

48% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$BX$AMAT$PYPL

+$BX +360K sh · +$1.15M+$AMAT +80K sh · +$826K+$PYPL +15.2K sh · +$491K

Biggest trims (shares)

$WBD$MGM$ADBE

−$WBD −114K sh · −$3.31M−$MGM −76.6K sh · −$2.77M−$ADBE −37.2K sh · −$153K

Added from nil (new positions)

$IVZ$XLV$ECHO$META$RCL

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$USB$CMCSA$COHR$CCL$ECL

$USB ($2.55M last qtr)$CMCSA ($2.27M last qtr)$COHR ($1.62M last qtr)$CCL ($1.55M last qtr)$ECL ($1.03M last qtr)

Sector allocation (share of reported value)

Consumer Discretionary 18%Financials 15%Communication Services 10%Industrials 9%Information Technology 9%ETFs 6%Real Estate 3%Energy 2%Other holdings 29%SECTORS
  • $XLYConsumer Discretionary18.3%
  • $XLFFinancials14.5%
  • $XLCCommunication Services9.5%
  • $XLIIndustrials9.5%
  • $XLKInformation Technology9.0%
  • ETFs5.8%
  • $XLREReal Estate2.8%
  • $XLEEnergy1.6%
  • Other holdings28.8%

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)

Casinos & Gaming 14%Asset Management & Custody Banks 9%Transaction & Payment Processing Services 5%Rail Transportation 5%Hotels, Resorts & Cruise Lines 4%Semiconductor Materials & Equipment 3%Semiconductors 3%Wireless Telecommunication Services 3%Other holdings 52%INDUSTRIES
  • Casinos & Gaming13.9%
  • Asset Management & Custody Banks9.4%
  • Transaction & Payment Processing Services5.1%
  • Rail Transportation5.1%
  • Hotels, Resorts & Cruise Lines4.4%
  • Semiconductor Materials & Equipment3.5%
  • Semiconductors3.4%
  • Wireless Telecommunication Services3.4%
  • Other holdings51.8%

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

9 of 9 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$WYNNWynn Resorts Limited47.5K$4.83M+12.7K10.6%
$IVZInvesco Ltd39.7K$2.91M6.4%
$NSCNorfolk Southern Corporation8K$2.3M-1395.0%
$AMATApplied Materials Inc196K$1.58M+80K3.5%
$NVDANVIDIA Corporation8.87K$1.55M+5293.4%
$ECHOEchoStar Corporation13.2K$1.55M3.4%
$MGMMGM Resorts International40.8K$1.51M-76.6K3.3%
$NWSANews Corporation51.3K$1.46M+3.4K3.2%
$BXBlackstone Inc423K$1.38M+360K3.0%

…and 43 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

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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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