Gambit Capital Management, LLC
SEC Form 13F institutional filer · CIK 0002107464
13F-HR · 42 reported holdings · 2026-03-31
Reported long-US-equity value
$0.11B
Top-10 concentration
84.6%
Gambit Capital Management, LLC — $107M AUM allocation strategy
Gambit Capital Management, LLC files SEC Form 13F and reports $107M of long US equity value across 42 reported holdings for 2026-03-31.
Its largest sector bet is Financials 27.6%, followed by Health Care 22.8% and Information Technology 4.9%.
The top 10 holdings account for 85% 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.
Gambit Capital Management, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$107M
total across 42 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
85% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVZ +44.2K sh · +$5.54M+$SPYM +42.6K sh · +$2.9M+$SPGI +42.5K sh · +$1.06M
Biggest trims (shares)
−$SCHW −6.36K sh · −$454K−$IWM −3.32K sh · −$808K−$VOO −2.77K sh · −$2.33M
Exited to nil (held last quarter, gone now)
$IVV ($847K last qtr)$DIA ($363K last qtr)$NKE ($247K last qtr)$CAT ($205K last qtr)$TMO ($202K 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)
- Pharmaceuticals22.3%—
- Investment Banking & Brokerage11.2%—
- Asset Management & Custody Banks8.9%—
- Financial Exchanges & Data4.7%—
- Technology Hardware, Storage & Peripherals2.1%—
- Multi-Sector Holdings2.0%—
- Interactive Media & Services1.7%—
- Systems Software1.6%—
- Other holdings45.6%—
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
7 of 7 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $LLY | Eli Lilly and Company | 26K | $23.9M | +1.42K | 22.3% |
| $SCHW | Charles Schwab Corporation | 439K | $12M | -6.36K | 11.2% |
| $IVZ | Invesco Ltd | 244K | $9.5M | +44.2K | 8.9% |
| $SPGI | S&P Global Inc | 90.2K | $4.97M | +42.5K | 4.6% |
| $AAPL | Apple Inc | 9.24K | $2.35M | -356 | 2.2% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 4.35K | $2.08M | -82 | 1.9% |
| $MSFT | Microsoft Corporation | 4.67K | $1.73M | +12 | 1.6% |
…and 35 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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