AlphaQuest Portfolio holdings
AlphaQuest is a computer-driven hedge fund firm that traded futures across currencies, commodities and stock and bond indices. Nigol Koulajian, its chief investment officer, founded it in 2001 around managed futures, and it later added equities, global macro and other asset classes. Until January 2025 the firm was called Quest Partners, and it took its new name from its flagship strategy, AlphaQuest Original. AlphaQuest announced in 2026 that it would close.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$58.5M |
| 2 |
Schwab Intermediately-Term US Treasury ETF
SCHR
|
+$41.9M |
| 3 |
State Street SPDR Portfolio Intermediate Term Treasury Index ETF
SPTI
|
+$41.9M |
| 4 |
iShares 3-7 Year Treasury Bond ETF
IEI
|
+$41.8M |
| 5 |
Vanguard Intermediate-Term Treasury ETF
VGIT
|
+$41.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WESCO International
WCC
|
+$4.56M |
| 2 |
LCI Industries
LCII
|
+$4.32M |
| 3 |
Prosperity Bancshares
PB
|
+$4.25M |
| 4 |
Allete
ALE
|
+$4.23M |
| 5 |
Mueller Industries
MLI
|
+$4.18M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.78% |
| 2 | Miscellaneous | 17.52% |
| 3 | Industrials | 12.78% |
| 4 | Technology | 10.66% |
| 5 | Healthcare | 8.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
501
Progyny
PGNY
$2.62B
| $872K | 0.05% |
33,950
-2,369
| -7% | -$54.5K |
2025 Q3
1 quarter
|
|
502
Primerica
PRI
$8.86B
| $871K | 0.05% |
3,373
+3,372
| +337,200% | +$880K |
2024 Q2
6 quarters
|
|
503
United Rentals
URI
$64.5B
| $869K | 0.05% |
1,074
-1,051
| -49% | -$912K |
2024 Q1
7 quarters
|
|
504
MasterBrand
MBC
$1.42B
| $869K | 0.05% |
78,723
-20,657
| -21% | -$242K |
2024 Q2
6 quarters
|
|
505
Pool Corp
POOL
$7.54B
| $868K | 0.05% |
3,796
+3,707
| +4,165% | +$964K |
2023 Q4
8 quarters
|
|
506
Capricor Therapeutics
CAPR
$518M
| $867K | 0.05% |
30,056
+31
| +0.1% | +$405 |
2024 Q4
4 quarters
|
|
507
Freshworks
FRSH
$3.22B
| $865K | 0.05% |
70,582
+3,792
| +6% | +$44.8K |
2024 Q2
6 quarters
|
|
508
Employers Holdings
EIG
$829M
| $864K | 0.05% |
20,005
-4,397
| -18% | -$179K |
2023 Q4
8 quarters
|
|
509
Yext
YEXT
$742M
| $863K | 0.05% |
107,082
+18,755
| +21% | +$158K |
2024 Q4
4 quarters
|
|
510
Archrock
AROC
$4.8B
| $862K | 0.05% |
33,122
-17,643
| -35% | -$439K |
2024 Q4
4 quarters
|
|
511
Black Hills Corp
BKH
$6.44B
| $860K | 0.05% |
12,384
-9,594
| -44% | -$647K |
2025 Q3
1 quarter
|
|
512
Omega Healthcare
OHI
$14.7B
| $857K | 0.05% |
19,327
+11,090
| +135% | +$478K |
2024 Q3
5 quarters
|
|
513
First American
FAF
$6.97B
| $855K | 0.05% |
13,916
+3,947
| +40% | +$248K |
2024 Q1
7 quarters
|
|
514
MYR Group
MYRG
$4.05B
| $850K | 0.05% |
3,888
+1,985
| +104% | +$432K |
2024 Q3
5 quarters
|
|
515
Toll Brothers
TOL
$14.3B
| $846K | 0.05% |
6,256
-851
| -12% | -$116K |
2024 Q1
7 quarters
|
|
|
ELME
516
DELISTED
Elme Communities
ELME
| $846K | 0.05% |
48,608
-20,928
| -30% | -$355K |
2023 Q4
8 quarters
|
|
517
Teledyne Technologies
TDY
$27.9B
| $844K | 0.05% |
1,653
+1,575
| +2,019% | +$830K |
2025 Q1
3 quarters
|
|
518
DELISTED
KalVista Pharmaceuticals
KALV
| $843K | 0.05% |
52,190
+415
| +0.8% | +$5.5K |
2025 Q2
2 quarters
|
|
519
Peoples Bancorp
PEBO
$1.39B
| $841K | 0.05% |
28,003
+14,782
| +112% | +$439K |
2024 Q1
7 quarters
|
|
520
Walt Disney
DIS
$202B
| $838K | 0.05% |
7,369
+6,596
| +853% | +$726K |
2023 Q4
8 quarters
|
|
521
Federal Realty Investment Trust
FRT
$9.7B
| $835K | 0.05% |
8,281
-6,688
| -45% | -$659K |
2023 Q4
8 quarters
|
|
522
Liberty Media Corporation Series A Common Stock
FWONA
$24.8B
| $835K | 0.05% |
9,337
-8,366
| -47% | -$751K |
2024 Q4
4 quarters
|
|
523
Amneal Pharmaceuticals
AMRX
$6.95B
| $834K | 0.05% |
66,197
-22,364
| -25% | -$256K |
2024 Q3
5 quarters
|
|
524
Campbell Soup
CPB
$6.92B
| $827K | 0.05% |
29,687
+28,458
| +2,316% | +$856K |
2024 Q4
4 quarters
|
|
525
ONE Gas
OGS
$5.11B
| $827K | 0.05% |
10,703
-557
| -5% | -$44.8K |
2024 Q4
4 quarters
|
|
Similar funds
AlphaQuest's Q4 2025 Portfolio in Review
As of Q4 2025, AlphaQuest held 2,309 positions worth $1.79B, up 17% from $1.53B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
AlphaQuest deployed $258M of net new capital in Q4 2025, opening 72 new positions and adding to 1,044 existing holdings. Its largest new stake was BigBear.ai: 356,421 shares worth $1.92M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 22% a quarter earlier, followed by Miscellaneous and Industrials.
On the sell side, the largest reduction was WESCO International, an estimated $4.56M trimmed.
- AlphaQuest's largest Q4 2025 buy was BigBear.ai: 356,421 shares worth $1.92M.
- AlphaQuest added most to iShares 7-10 Year Treasury Bond ETF in Q4 2025, an estimated $58.5M increase.
- AlphaQuest's biggest Q4 2025 reduction was WESCO International, cutting an estimated $4.56M.
- AlphaQuest fully exited Allete in Q4 2025, selling an estimated $4.23M.
- AlphaQuest's ten largest holdings make up 18% of its $1.79B portfolio in Q4 2025.
- AlphaQuest opened 72 new positions and closed 64 in Q4 2025.
- AlphaQuest's portfolio value rose 17% quarter-over-quarter to $1.79B.
Based on AlphaQuest's 13F filing for Q4 2025, filed 9 Feb 2026.