BDFS Capital LLC
SEC Form 13F institutional filer · CIK 0002112636
13F-HR · 63 reported holdings · 2026-03-31
Reported long-US-equity value
$0.05B
Top-10 concentration
39.1%
BDFS Capital LLC — $48.7M AUM allocation strategy
BDFS Capital LLC files SEC Form 13F and reports $48.7M of long US equity value across 63 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 16.2%, followed by Financials 8.3% and Industrials 7.9%.
The top 10 holdings account for 39% 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.
BDFS Capital LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$48.7M
total across 63 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
39% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$ADBE +2.65K sh · +$577K+$IVV +1.19K sh · +$167K+$NEE +1.15K sh · +$177K
Biggest trims (shares)
−$AAPL −1.06K sh · −$466K−$GOOG −950 sh · −$371K−$WMT −700 sh · +$1.24K
Exited to nil (held last quarter, gone now)
$COHR ($803K last qtr)$GS ($540K last qtr)$DELL ($445K last qtr)$WAB ($426K last qtr)$IRM ($340K 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)
- Aerospace & Defense7.9%—
- Semiconductors5.6%—
- Technology Hardware, Storage & Peripherals5.2%—
- Financial Exchanges & Data4.4%—
- Systems Software3.8%—
- Interactive Media & Services3.4%—
- Broadline Retail3.3%—
- Consumer Staples Merchandise Retail3.2%—
- Other holdings63.1%—
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 |
|---|---|---|---|---|---|
| $AAPL | Apple Inc | 9.86K | $2.5M | -1.06K | 5.1% |
| $NOC | Northrop Grumman Corporation | 3.37K | $2.3M | +0 | 4.7% |
| $SPGI | S&P Global Inc | 19.3K | $2.15M | +137 | 4.4% |
| $MSFT | Microsoft Corporation | 5.02K | $1.86M | +141 | 3.8% |
| $NVDA | NVIDIA Corporation | 10.5K | $1.83M | +224 | 3.8% |
| $AMZN | Amazon.com Inc | 7.67K | $1.6M | -4 | 3.3% |
| $BA | Boeing Company | 7.88K | $1.57M | -50 | 3.2% |
| $JNJ | Johnson & Johnson | 5.61K | $1.37M | -39 | 2.8% |
…and 55 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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