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INCEPTIONR LLC

SEC Form 13F institutional filer · CIK 0001821561

13F-HR · 201 reported holdings · 2026-03-31

Reported long-US-equity value

$0.20B

Top-10 concentration

11.1%

INCEPTIONR LLC — $202M AUM allocation strategy

INCEPTIONR LLC files SEC Form 13F and reports $202M of long US equity value across 201 reported holdings for 2026-03-31.

Its largest sector bet is Financials 7.5%, followed by Health Care 3.0% and Information Technology 2.0%.

The top 10 holdings account for 11% 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.

INCEPTIONR LLC — latest SEC 13F insights

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

$202M

total across 201 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

11% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$PCG$IP$BAC

+$PCG +46.1K sh · +$834K+$IP +43K sh · +$1.52M+$BAC +23K sh · +$1.06M

Biggest trims (shares)

$AMCR$NWS$LUV

−$AMCR −109K sh · −$443K−$NWS −41.8K sh · −$1.13M−$LUV −26.1K sh · −$1.11M

Added from nil (new positions)

$WEC$DIS$XOM$QCOM$COO

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$MDT$IRM$AMT$NI$KMB

$MDT ($1.96M last qtr)$IRM ($1.95M last qtr)$AMT ($1.95M last qtr)$NI ($1.94M last qtr)$KMB ($1.78M last qtr)

Sector allocation (share of reported value)

Financials 8%Health Care 3%Information Technology 2%Industrials 2%Utilities 1%Consumer Staples 1%Communication Services 1%Materials 1%Other holdings 81%SECTORS
  • $XLFFinancials7.5%
  • $XLVHealth Care3.0%
  • $XLKInformation Technology2.0%
  • $XLIIndustrials1.9%
  • $XLUUtilities1.1%
  • $XLPConsumer Staples1.1%
  • $XLCCommunication Services1.1%
  • $XLBMaterials1.1%
  • Other holdings81.2%

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)

Diversified Banks 2%Transaction & Payment Processing Services 1%Electric Utilities 1%Tobacco 1%Movies & Entertainment 1%Multi-line Insurance 1%Paper & Plastic Packaging Products & Materials 1%Integrated Oil & Gas 1%Other holdings 90%INDUSTRIES
  • Diversified Banks2.2%
  • Transaction & Payment Processing Services1.2%
  • Electric Utilities1.1%
  • Tobacco1.1%
  • Movies & Entertainment1.1%
  • Multi-line Insurance1.1%
  • Paper & Plastic Packaging Products & Materials1.1%
  • Integrated Oil & Gas1.1%
  • Other holdings90.0%

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
$USBU.S. Bancorp48K$2.46M+20.4K1.2%
$FISFidelity National Information Services Inc51.2K$2.39M+7.39K1.2%
$WECWEC Energy Group Inc19.3K$2.24M1.1%
$PMPhilip Morris International Inc13.5K$2.23M+4.74K1.1%
$DISWalt Disney Company23K$2.22M1.1%
$LLoews Corporation25.8K$2.19M+10.1K1.1%
$PKGPackaging Corporation of America10.3K$2.19M+8.99K1.1%
$XOMExxonMobil Holdings Corporation12.8K$2.18M1.1%
$QCOMQUALCOMM Incorporated16.7K$2.15M1.1%
$AMPAmeriprise Financial Inc4.84K$2.15M+8631.1%

…and 191 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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