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 |
BBB Foods
TBBB
|
+$15.8M |
| 2 |
W.P. Carey
WPC
|
+$5.69M |
| 3 |
American Homes 4 Rent
AMH
|
+$5.37M |
| 4 |
FirstCash
FCFS
|
+$4.58M |
| 5 |
PPL Corp
PPL
|
+$4.42M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SouthState Bank Corp
SSB
|
+$3.58M |
| 2 |
Invitation Homes
INVH
|
+$3M |
| 3 |
Lockheed Martin
LMT
|
+$2.83M |
| 4 |
IDEX
IEX
|
+$2.79M |
| 5 |
Robert Half
RHI
|
+$2.69M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.67% |
| 2 | Industrials | 15.49% |
| 3 | Technology | 11.56% |
| 4 | Real Estate | 10.54% |
| 5 | Consumer Discretionary | 10.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
BBB Foods
TBBB
$6.87B
| $16.9M | 1.5% |
+563,298
| New | +$15.8M |
2024 Q3
0 quarters
|
|
|
2
W.P. Carey
WPC
$14.9B
| $6.78M | 0.6% |
108,748
+95,918
| +748% | +$5.69M |
2024 Q1
2 quarters
|
|
|
3
American Homes 4 Rent
AMH
$11.5B
| $5.4M | 0.48% |
140,727
+140,715
| +1,172,625% | +$5.37M |
2023 Q4
3 quarters
|
|
4
CME Group
CME
$110B
| $5.19M | 0.46% |
23,505
+9,724
| +71% | +$2.01M |
2024 Q1
2 quarters
|
|
|
5
PPL Corp
PPL
$27.2B
| $4.78M | 0.43% |
144,358
+144,338
| +721,690% | +$4.42M |
2023 Q4
3 quarters
|
|
|
6
FirstCash
FCFS
$8.31B
| $4.68M | 0.42% |
40,807
+40,437
| +10,929% | +$4.58M |
2024 Q1
2 quarters
|
|
7
Americold
COLD
$4.17B
| $4.59M | 0.41% |
162,515
+83,185
| +105% | +$2.38M |
2024 Q1
2 quarters
|
|
8
Coca-Cola
KO
$412B
| $4.37M | 0.39% |
60,799
+28,358
| +87% | +$1.94M |
2023 Q4
3 quarters
|
|
9
NETSTREIT Corp
NTST
$1.82B
| $4.24M | 0.38% |
256,351
+243,834
| +1,948% | +$4.02M |
2024 Q2
1 quarter
|
|
10
Morningstar
MORN
$8.86B
| $4.07M | 0.36% |
12,743
+12,742
| +1,274,200% | +$3.96M |
2024 Q1
2 quarters
|
|
11
FirstEnergy
FE
$27.6B
| $4.06M | 0.36% |
91,590
+42,222
| +86% | +$1.78M |
2024 Q2
1 quarter
|
|
12
Healthcare Realty
HR
$6.47B
| $4.02M | 0.36% |
221,348
+212,740
| +2,471% | +$3.77M |
2024 Q1
2 quarters
|
|
13
Textron
TXT
$15B
| $3.99M | 0.36% |
+45,078
| New | +$3.98M |
2024 Q3
0 quarters
|
|
14
Expand Energy Corp
EXE
$20.7B
| $3.92M | 0.35% |
47,665
+46,899
| +6,123% | +$3.58M |
2023 Q4
3 quarters
|
|
15
LXP Industrial Trust
LXP
$3.61B
| $3.85M | 0.34% |
76,554
+74,206
| +3,160% | +$3.7M |
2024 Q1
2 quarters
|
|
16
Primerica
PRI
$8.73B
| $3.83M | 0.34% |
14,453
+12,713
| +731% | +$3.21M |
2024 Q2
1 quarter
|
|
17
DELISTED
Hologic
HOLX
| $3.73M | 0.33% |
45,839
+4,347
| +10% | +$348K |
2023 Q4
3 quarters
|
|
18
Markel Group
MKL
$23.3B
| $3.72M | 0.33% |
2,373
+945
| +66% | +$1.48M |
2023 Q4
3 quarters
|
|
19
CACI
CACI
$15B
| $3.71M | 0.33% |
7,360
+2,531
| +52% | +$1.17M |
2023 Q4
3 quarters
|
|
20
Eversource Energy
ES
$26.2B
| $3.7M | 0.33% |
54,308
+45,000
| +483% | +$2.91M |
2024 Q1
2 quarters
|
|
21
Verra Mobility
VRRM
$407M
| $3.69M | 0.33% |
132,767
+131,759
| +13,071% | +$3.7M |
2024 Q1
2 quarters
|
|
22
Brixmor Property Group
BRX
$9.07B
| $3.67M | 0.33% |
131,879
-45,555
| -26% | -$1.18M |
2023 Q4
3 quarters
|
|
23
Murphy Oil
MUR
$5.76B
| $3.67M | 0.33% |
108,677
+79,791
| +276% | +$3.01M |
2023 Q4
3 quarters
|
|
24
Agree Realty
ADC
$8.91B
| $3.63M | 0.32% |
48,157
+44,979
| +1,415% | +$3.18M |
2024 Q1
2 quarters
|
|
25
Zions Bancorporation
ZION
$9.7B
| $3.61M | 0.32% |
76,556
+76,555
| +7,655,500% | +$3.62M |
2023 Q4
3 quarters
|
|
Similar funds
AlphaQuest's Q3 2024 Portfolio in Review
As of Q3 2024, AlphaQuest held 2,036 positions worth $1.12B, up 52% from $737M the previous quarter. Its ten largest holdings account for 5.4% of the portfolio.
AlphaQuest deployed $320M of net new capital in Q3 2024, opening 485 new positions and adding to 753 existing holdings. Its largest new stake was BBB Foods: 563,298 shares worth $16.9M.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 20% a quarter earlier, followed by Industrials and Technology.
On the sell side, the largest reduction was SouthState Bank Corp, an estimated $3.58M trimmed.
- AlphaQuest's largest Q3 2024 buy was BBB Foods: 563,298 shares worth $16.9M.
- AlphaQuest added most to W.P. Carey in Q3 2024, an estimated $5.69M increase.
- AlphaQuest's biggest Q3 2024 reduction was SouthState Bank Corp, cutting an estimated $3.58M.
- AlphaQuest fully exited Invitation Homes in Q3 2024, selling an estimated $3M.
- AlphaQuest's ten largest holdings make up 5.4% of its $1.12B portfolio in Q3 2024.
- AlphaQuest opened 485 new positions and closed 174 in Q3 2024.
- AlphaQuest's portfolio value rose 52% quarter-over-quarter to $1.12B.
Based on AlphaQuest's 13F filing for Q3 2024, filed 7 Nov 2024.