Quarry LP
SEC Form 13F institutional filer · CIK 0001965207
13F-HR · 373 reported holdings · 2026-03-31
Reported long-US-equity value
$0.11B
Top-10 concentration
54.9%
Quarry LP — $110M AUM allocation strategy
Quarry LP files SEC Form 13F and reports $110M of long US equity value across 373 reported holdings for 2026-03-31.
Its largest sector bet is Communication Services 16.1%, followed by Industrials 15.6% and Financials 13.1%.
The top 10 holdings account for 55% 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.
Quarry LP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$110M
total across 373 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
55% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$BLK +1.08M sh · +$8.27M+$KVUE +560K sh · +$9.66M+$WBD +537K sh · +$14.8M
Biggest trims (shares)
−$CBRE −445K sh · −$1.93M−$AES −404K sh · −$5.8M−$NVDA −253K sh · −$93.4M
Exited to nil (held last quarter, gone now)
$SPGI ($1.48M last qtr)$BDX ($547K last qtr)$XYL ($544K last qtr)$MSI ($524K last qtr)$BNY ($487K last qtr)
Sector allocation (share of reported value)
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)
- Rail Transportation14.4%—
- Broadcasting13.5%—
- Asset Management & Custody Banks12.7%—
- Personal Care Products8.8%—
- Wireless Telecommunication Services2.6%—
- Multi-Utilities1.0%—
- Semiconductors0.7%—
- Aerospace & Defense0.6%—
- Other holdings45.7%—
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
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NSC | Norfolk Southern Corporation | 55.4K | $15.9M | +11.6K | 14.5% |
| $WBD | Warner Bros. Discovery Inc. Series A | 540K | $14.8M | +537K | 13.5% |
| $BLK | BlackRock Inc | 1.34M | $10.8M | +1.08M | 9.8% |
| $KVUE | Kenvue Inc | 565K | $9.74M | +560K | 8.8% |
| $ECHO | EchoStar Corporation | 24.7K | $2.9M | -7.03K | 2.6% |
| $IVZ | Invesco Ltd | 666K | $2.36M | +247K | 2.1% |
| $BEN | Franklin Templeton Inc | 128K | $746K | -64.8K | 0.7% |
| $MU | Micron Technology Inc | 2.15K | $727K | +1.78K | 0.7% |
…and 365 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 IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-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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