Bastion Asset Management Inc.
SEC Form 13F institutional filer · CIK 0001977794
13F-HR · 10 reported holdings · 2026-03-31
Reported long-US-equity value
$0.07B
Top-10 concentration
100.0%
Bastion Asset Management Inc. — $65.4M AUM allocation strategy
Bastion Asset Management Inc. files SEC Form 13F and reports $65.4M of long US equity value across 10 reported holdings for 2026-03-31.
Its largest sector bet is Health Care 40.3%, followed by Consumer Discretionary 35.5% and Materials 13.3%.
The top 10 holdings account for 100% 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.
Bastion Asset Management Inc. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$65.4M
total across 10 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
100% of value
higher = narrower conviction; lower = spread / hedging
Exited to nil (held last quarter, gone now)
$NKE ($2.55M last qtr)$ADBE ($2.54M last qtr)$LULU ($2.05M 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)
- Pharmaceuticals32.0%—
- Distributors26.0%—
- Paper & Plastic Packaging Products & Materials13.3%—
- Casinos & Gaming9.5%—
- Health Care Supplies8.3%—
- Systems Software2.5%—
- Regional Banks2.5%—
- Aerospace & Defense2.5%—
- Other holdings3.4%—
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 ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $VTRS | Viatris Inc | 1.59M | $21M | +349K | 32.0% |
| $GPC | Genuine Parts Company | 158K | $17M | — | 26.0% |
| $IP | International Paper Company | 239K | $8.72M | — | 13.3% |
| $MGM | MGM Resorts International | 169K | $6.21M | — | 9.5% |
| $COO | The Cooper Companies Inc | 76.2K | $5.42M | — | 8.3% |
| $NOW | ServiceNow Inc | 15.9K | $1.64M | — | 2.5% |
| $CFG | Citizens Financial Group Inc | 27.2K | $1.62M | — | 2.5% |
| $TXT | Textron Inc | 18.3K | $1.61M | — | 2.5% |
| $INTC | Intel Corporation | 25.8K | $1.16M | — | 1.8% |
| $PYPL | PayPal Holdings Inc | 24.2K | $1.09M | -18.6K | 1.7% |
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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